Authorized User Tradelines

By: Heather Hanks May. 11, 2019

Authorized user tradelines are a great way to help build credit. It’s known as an “authorized user” because the person added to the account is not responsible for repayment. It works by gaining access to the primary account holder’s credit history. Authorized users instantly boost their credit score when added to authorized tradelines.

The process of using authorized users tradelines is also known as piggybacking. The concept of piggybacking has been around for years, but many people do not know about it. The best authorized user tradelines belong to seasoned account holders with years of good credit. This article discusses the benefits of authorized users tradelines and how to pick the right ones.

What is an Authorized User Tradeline?

The definition of authorized tradelines may vary depending on the source. They include adding an authorized user to a primary account holder’s credit account. This concept is otherwise known as piggybacking. It occurs when an authorized user is added to someone else's account. Doing so means that the primary account holder’s credit information will appear on the authorized user's credit report. It's a good way to instantly boost your credit as long as the primary account holder is in good standing. Many people buy or sell tradelines in exchange for money. The person selling their account can make a few extra dollars while the buyer benefits from having better credit.

Authorized tradelines are a great way to boost credit without taking out a line of credit yourself. Many people buy tradelines and add themselves as authorized users to benefit from the tradelines credit history. Authorized users do not have the same responsibility to the account as the primary holder. In other words, they are not responsible if the account defaults or the primary holder cannot make payments. Authorized users get the benefit of having the tradelines credit history show up on their report without being responsible for the account.

Benefits of Authorized User Tradelines

Authorized user tradelines results are almost guaranteed. It's a fast and easy way to boost credit instantly. Becoming an authorized user on a tradeline means that you inherit the tradelines credit history. This information should instantly show up on your report to increase your score. Authorized user tradelines are also a great way to extend your credit history. Your credit score and your credit history on your greatest assets in the financial world. They determine how likely you are to receive a loan or credit card in your name. Having bad credit or is short credit history can affect where you live and what kind of car you drive. It may even affect your employment status and whether or not you receive a raise.

On the other hand, someone who only has a year or two of good credit would not be considered seasoned. The longer the credit history, the better. This shows that you have years of experience of making timely payments. It increases your creditworthiness and makes you seem like a responsible candidate for a good loan term.

Keep in mind that although credit history is important, credit score is also important. Someone with a seasoned tradeline who also has negative items on their report may have a hard time selling their credit. Banks and lenders like to see that you have a credit history of timely payments with few mishaps. It only takes a few missed payments to affect your credit score. Therefore, a high credit score with only a few years of credit experience is just as good as many years with average credit. You should have the option of making an informed decision before buying authorized user tradelines by working with a professional company.

Another benefit of authorized user tradelines is that you are not the primary account holder. In other words, you are not responsible for the account, but you can use it as if it were your own. It’s a great way to “practice” having credit by making timely payments and still getting credit for the user’s credit history. You can look for authorized tradelines for sale or you can ask it to join a family member straight line. Working with a professional company to buy tradelines is a good way to ensure that you don't ruin a relationship with a loved one. If you fail to make payments on your account, it can hurt your credit history as well as the primary account holders. For this reason, it might be better to buy a seasoned tradeline instead of asking to join an account with someone you know.

Here is a list of the benefits of authorized user tradelines:

  • Authorized user tradelines credit score increases instantly. As an authorized user, you will inherit the credit history of the primary account holder. This means that your credit score and credit history will instantly improve. it's a great way to boost your credit score without taking out a line of credit yourself.
  • Authorized users are not responsible for the account, but they can use it as if it were their own. As an authorized user, you will have access to the credit line. You can use it to make payments on. If the primary account holder defaults or cannot pay, then you are not held responsible because the account is not in your name.
  • You don't even have to use the account to benefit from improved credit. Buying authorized user tradelines will increase your score even if you don't use it. This is because when you sign to the account, you will instantly inherit that person's credit history regardless of if you use the account or not. Some people become an authorized user on an account and don't use the card to ensure that they get the credit boost without having to make payments. Whether or not you use the credit line, your score should improve just by becoming an authorized user.
  • You can remove yourself as an authorized user anytime. Whether you buy authorized user tradelines or piggyback with a family member, you can be removed whenever you want. If you are unable to make payments, then ask to be removed before your credit score suffers. Because you are not the primary account holder, you are not obligated to keep the account open.

Who Can And Cannot Be Added As An Authorized User?

If you are the primary account holder, then you can add authorized users to your account. Most people sell their tradelines to make money while allowing someone else to benefit from their good credit history. It's important to only buy or sell trade lines through a professional company. This ensures that both parties are safe and their information is secure. Also, remember that adding someone as an authorized user to your account does not mean you should give them a credit card. This is a good way to get your information stolen.

There are a few things to keep in mind when it comes to adding someone as an authorized user. Some banks and creditors establish a minimum age for authorized users. For example, Discover and American Express will allow you to add an authorized user as young as 15 years old. Other Banks require authorized users to be between the ages of 15 to 17 years old. You will want to check with the agency you work with to see how old the authorized user has to be.

You can also work with an agency to sell your tradeline to a perfect stranger. This process is perfectly safe as long as you go through an agency that can Ensure your information is secure. as the primary account holder, you will be informed as to who signs on to your account as an authorized user. However, the authorized user will not know who you are. Look for an agency that can conduct a background check on any authorized user you add to your account beforehand. This will help ensure your identity and personal information is safe and secure.

You can always add a loved one or friend to your account as an authorized user. Keep in mind that when it comes to finances it might be best not to involve personal relationships. If that person has a hard time making payments, it can affect your credit score. Many people choose to buy authorized user tradelines through a professional company to avoid confrontations with family members. On the other hand, adding adult children to a parent account is a good way to help them establish credit. This allows the parent the opportunity to watch over their child's behavior and give them advice when it comes to making a good financial decision.

How To Boost My Credit Score With An Authorized User Tradeline

You can buy authorized user tradelines to boost your credit score. Once you are added to an account as an authorized user, you will instantly inherit that person's credit history. Even if you do not currently have a credit score established, an authorized user tradelines can help you get one. It may take as long as six months before your credit score shows up. the good thing about becoming an authorized user is that you don't have to use the account for your credit score to go up. It may take up to 30 days before the authorized user tradelines history shows up on your report. For this reason, it's best to go with a seasoned authorized user tradeline.

Once you have access as an authorized user, you can use the credit lines as you wish. This is a good opportunity to practice good credit bad habits by making timely payments. The best way to boost your credit score is to make on-time monthly payments for as long as you can. If you are a first-time credit borrower and cannot find anyone to extend you a loan, then authorized user tradelines can help. You do not need to have a credit history to become an authorized user. However, becoming an authorized user will give you instant credit. This can help you achieve a loan in the future. Having good credit and good credit history also dictates your loan terms.

What Kind Of Accounts Should Be Considered?

Before you buy authorized user tradelines, there are a few things you should know. First, several factors determine the creditworthiness of a tradeline. You don't want to look for a seasoned tradeline with a low balance and zero late payments. Here's a breakdown of the top three accounts you should consider when becoming an authorized user.

Two Years Old or Older

Accounts that have been open for two years or more are considered to be seasoned. This is beneficial because it ensures that the trade line user has a long history of making timely payments. Their credit score will likely be higher than other tradelines. Some banks find it more important to have a long credit history than a good credit score. Ideally, you want to have both. The longer the account has been opened, the better. Make sure that the authorized user account you consider has been open for as long as possible and has a good history of making timely payments. For example, an account that has been open for two years or more is considered an excellent tradeline, but it’s even better if they have no late payments.

Zero Late Payments

The best way to boost your credit is to have zero late payments for as long as possible. Thanks and lenders know that this is not always possible. Because of this, you will be rewarded for making timely payments by having a good credit score. It's a good idea to set reminders for yourself or to set up auto pay to ensure that no payments are late. Even if you do not have credit, make sure all payments are made on time. This includes student loans, which will eventually show up on your credit history. Auto payments and mortgages also show up on your credit report. Even telephone and utility payments may show up on your account. It's important to make sure all of these payments are made on time if you want to boost your credit. Having a long history of zero late fees ensures that you will have the highest credit score.

Low Balance

A low balance is a good way to make sure you don't overspend. Look for a trade line that you can make minimum payments on. As mentioned above, you do not even have to use the account to benefit from buying authorized user tradelines. The more you use the account, the more your credit score will increase. It's a good idea to make small monthly payments on a low balance tradeline to boost your score quickly without risk. Becoming an authorized user on a tradeline with a high balance might tempt you to spend more than you can repay. The bottom line is that if you cannot comfortably make the payments, look for a low balance tradeline to buy.

Can I Buy Legitimate Authorized User Tradelines?

Yes, you can buy legitimate authorized user tradelines! It's always best to use a professional company to buy and sell your trade lines through. This is because there are many scams out there and a professional company can protect you. Buying authorized user tradelines outside of a bank or a legitimate company may lead to identity theft. A professional company should be able to do a background check on both parties. This ensures that the authorized user and the primary account holder are both safe and protected.

You can check with your local bank, but some banks do not sell legitimate authorized user tradelines. A professional company will be able to sell you authorized user tradelines with good history credit. They should be able to help you pick out the best account for your needs. Many people sell their tradelines if they have good credit because it helps them gain income. To sell your authorized user tradelines, contact a professional company and inquire about making additional income. Most sellers are allowed to add to authorized users to their tradeline at one time. It's a good idea to make sure background checks are run and any authorized user added to your account. Never give out your information.

What is Piggybacking On An Authorized User Tradeline?

Piggybacking on an authorized user tradelines refers to the process that occurs when you add someone as an authorized user to your account. This allows the authorized user access to your credit history. It's a great way to instantly boost your credit score even if you don't use the account. This is because the tradelines credit history will show up on the authorized user’s report. Most people use piggybacking services with people they know and trust. But you can use a professional agency to buy or sell authorized user tradelines if you do not have someone you know.

Is Authorized User Tradeline Legal?

Many people want to know, “Are authorized user tradelines legal?” The answer is yes! Many banks encourage the act of piggybacking by adding authorized users to your account. You can find out more information by running a search on your local bank's website for piggybacking. You will be supplied with countless articles of ways you can add family members or loved ones to your account as an authorized user.