Credit is such an important thing we strive to build and maintain in our adult lives, but that doesn’t mean it’s easy to understand. Don’t worry! 30daytradelines.com has you covered with our frequently asked questions.

Whether you’re wondering about adding tradelines to credit or how to build up seasoned tradelines, we’re here to help. Explore our FAQs below, but feel free to contact us with any questions not listed here.

How will I know that my line has posted?

You are required as part of your sign up to enroll in a credit monitoring service that pulls information from all 3 bureaus. The inquiries that you make through your monitoring service are considered soft inquiries and do not show on your report and will not lower your score like a hard inquiry might. We recommend www.CreditCheckTotal.com as they pull from all 3 bureaus, offer 3 updates per month for a competitive fee, and tend to be the most consistent with providing you the most current information. We have had problems with a few of the other sites putting today’s date on older reports and thus not being able to confirm proper reporting, so if you don’t already have a monitoring service, at least look at them before making a decision.

What might cause a tradeline to not report to my credit?

The most common reason that an account doesn’t show on a credit report is a fraud alert or hold. Credit bureaus offer a service that will place a lock on your credit report so that nothing new can show up. This service can be requested by you the consumer, or if you or another agent have been working on your credit and they begin to see a lot of disputes come across on your report, the bureau can put the fraud alert on your report without notifying you. When we confirm your tradeline order, we will send you the best phone numbers to speak with a live person (not a frustrating automated line) who can confirm that you don’t have any fraud holds. If you do, in most cases it can be removed in 2 minutes on the same phone call. Having a fraud hold is not a big deal and won’t prevent us from getting your order started, but you will want to make sure that you have it removed within a week or two after signing up with us until you see the line on your report.

Other more rare factors that can delay your order are things like clerical errors, either on the credit card company or the bureau’s end. Also, when you fill out your order form, you want to make sure you carefully double check all the information, having a mis-spelling in your name or a number off on your Social Security Number can make it so that the line never posts, and while we will always replace it regardless of if it was your error, it will of course cause additional delay that can push your timeline outside of your original goals.

What guarantees do you offer?

Because of the many factors that go into determining your full credit score, it is impossible to guarantee a specific credit score increase. Our credit consultants are always conservative when setting your expectations as our goal is to under-sell and over-deliver, but as the credit bureaus keep their scoring formulas tightly confidential, no company is able to guarantee a specific number for score increase. This said, we do offer written guarantees so that you can be assured we do everything possible on our end to ensure the best possible results. Our guarantee promises that our credit lines have perfect payment history. We also guarantee that our lines will report to a minimum of 2 out of the 3 credit bureaus within the contracted time. While 90% of the time our lines report to all 3 bureaus, there are occasionally factors outside of our control that can keep a line from hitting the 3rd bureau.Our extremely competitive pricing is set to guarantee a minimum of 2. As most lenders take into account your mid-score, it should not lessen your ability to qualify for credit if your credit line reports to at least 2 bureaus.

How long will the line stay on my report?

Unpredictable. Good credit stays on credit report for up to 10 years. We recommend that you be ready to apply for your immediate credit goals right away. In the very unlikely case that the line falls off of your credit within the first 30 days, we will replace it at no charge, but it is in your best interest to be ready to use your credit right away when the tradeline posts.

How long does this process take?

Once we receive your agreement back, our standard processing time is between 7 days and 8 weeks for the tradeline to show on your credit report. Once the tradeline has reported, you will immediately see your associated credit score increase.

How does it boost my score?

Your credit score is a numerical calculation of your credit worthiness. When you purchase items or borrow money using credit, your lender sends details of the account and your payment history to the three credit bureaus: TransUnion, Experian and Equifax. Your information is then put into a complex formula to determine your FICO score, and that score represents your level of credit risk to new lenders when you apply for credit. The higher your score, the lower risk you represent and the higher your chances are for loan approval and preferred interest rates.

Your credit score is broken down into the following factors:

35% of your score is based on your payment history

30% of your score is based on your debt ratio, which is how much of your current available credit you are using.

15% of your score is based on the length of your credit history

10% of your score is based on new credit

10% of your score is based on the variety of the types of credit that you use (ie, revolving, installment, etc).

When you add an authorized user tradeline to your credit report, you are adding positive payment history, length of time you have established credit, and showing responsible use of credit by having an account with a low debt ratio. These are the factors that contribute to the 30 to 60 points average increase that we see with qualified authorized users.

What is an authorized user tradeline?

An authorized user trade-line is a revolving major credit card line where the credit card holder allows someone else to “piggyback” off of their good credit by adding them as an authorized user of that account. By doing so, this account will then show up on the authorized user or piggybacker’s credit report and give them the FICO scoring benefit of that account. Accounts that are a minimum of 3 years old, have perfect payment history, and less than 10% of the available credit being utilized give the maximum score benefit and in many cases can increase a qualified authorized user’s credit score as much as 30 to 60 points per tradeline.

What are tradelines?

The word “tradeline” is really just industry jargon for a much simpler term: account. A tradeline is a credit account. The reason it’s beneficial to add tradelines is that they essentially act as references for your credit score. Just like when you’re applying for a new job or an apartment, having multiple positive references has a beneficial impact on you.