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Tradelines is what the credit industry calls credit accounts, every
loan you have that is reporting to a credit bureau is a tradeline.
The FICO scoring model tells us that in order to have a high credit
score not only do you need to avoid having negative items on your
credit report you also must have some positive items as well.
Our
CREDIT SWEEPTM
Program does a great
job at removing the negative items from your credit report but in
order to ensure you obtain the high credit score you are looking for
we now offer tradelines.
Most credit score
experts agree that the ideal number of credit
lines needed by an individual is 3-5 open and
active accounts. This number matches the requirements that many
lenders, especially mortgage lenders, are looking for.
The following is a list of tradelines currently available to
supplement your
CREDIT SWEEPTM
Project
Primary Revolving
Tradelines- These accounts look like credit cards, they are in
your name and can report for as long as you like.
•
read more
about our primary revolving tradelines
Primary
Installment Tradelines - These accounts look like
installment bank loans, they are in your name and can report for as
long as you like
•
read more about our
primary installment tradelines
Aged Seasoned
Authorized User Account Tradelines - These accounts are "rented"
from others so you can piggyback on someone else's credit and gain
age.
•
read more about our
authorized user tradelines
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