How Do Tradelines Work?
This is the question we hear all the time from those who are new to the trendline industry. Perhaps you asked it yourself. We explain In this article, how tradelines work and how they can affect your credit. Although the term "tradeline" simply means any credit account in our business, it usually refers specifically to authorized user (AO) tradelines or the location of an authorized user on someone's credit card. An AU tradeline is an account that nominates you as an authorized user which means you are not responsible for the charges payable to the account. However, the tradeline may still appear in your credit file. How do tradelines work? When someone is added to someone else's account as an authorized user, often the complete history of the account is then reflected in the records of both the primary account holder and AO. This is because the credit records don't report the date the AU was added to the account. Thus, once the AU is added, their credit report m...