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The Game is to be Sold, not Told.
but here's the Truth for the Street
Tradelines are credit cards (Amex, Discover,
etc.) that have an excellent credit history
(payments on time, the length of time the
card has been open, high credit limit, etc).
They are used to build your credit score
(FICO score) up. The higher the credit limit
on the tradeline, the higher your credit
score (FICO score) will become. Also, the
more tradelines you have, the higher your
scores will be.
When you purchase a tradeline, you will be
added to the credit card account. When you
run your credit report that credit card will
show up on your credit report as one of your
tradelines. You will not
actually be given the credit card because of
security purposes (so that you won‘t use the
card). The card will be activated (so that
it shows up on your credit report) and then
it will be shredded (for security purposes).
KEEP IN MIND, IF YOU HAVE NEGATIVE ACCOUNTS
(BAD CREDIT) THE TRADELINES WON’T
MAKE TOO MUCH OF A DIFFERENCE. YOU MUST
TAKE CARE OF YOUR NEGATIVE ACCOUNTS FIRST!
IF YOU DON’T HAVE ANY CREDIT OR
TOO LITTLE CREDIT THIS IS PERFECT FOR YOU!
|
ACCOUNT |
ACCOUNT OPENED |
CREDIT LIMIT |
PRICE |
|
American Express |
4 YRS |
$24,000 |
$700 |
|
American Express |
4 YRS |
$24,000 |
$700 |
|
Sears |
3 YRS |
$3,700 |
$500 |
|
Discover |
5 YRS |
$15,000 |
$600 |
TRADE LINE INFORMATION
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