Let's say you're new to the credit game and you only have one credit card. You've had the card account for less than a year and you'd like to build credit quickly but you're not quite sure how to do it. The limit of your card is under $1,000 and you've been paying it on time, but aside from this you've never had a loan and you have no real credit history. You'd like to obtain another card or two with higher limits, yet you worry about hard credit pulls and the negative results they might cause for your credit score. In addition, if you're not approved - or if you're approved for a very low limit - you'll feel disappointed and unsatisfied.

So what should you do?

You can always stay with the card you have, continue using it, be sure you never pay late, and wait for the perfect time to request a credit increase or apply for other cards. While this is a completely reasonable and traditional way to handle things, it takes a lot of patience and determination. You might be responsible and determined but you simple don't feel like waiting. If this sounds like you, you always have the option to buy tradelines to begin building your credit at a much faster pace than normal.

I Can Buy Tradelines to Build My Credit?

First of all, you have to realize that since you're new to credit you have a totally clean slate; and that's not always a good thing. You might not have any negative remarks or bad history on your profile, but your card account also has no age and your credit score probably isn't very high. Those key factors alone can easily discourage other banks or lending institutions from giving you lines of credit. Even if you're lucky and achieve a second or third card within your first year, you can be assured of two things:

  • The credit limit extended to you will be extremely low since you have almost no creditworthiness
  • Your average credit age will actually decrease since it's comprised of an average age of all your accounts

When you buy tradelines - and if you buy the right ones - you can have confidence that both your credit age and your credit limit will grow substantially. But don't confuse credit age and limit with your actual credit score (there's a lot to understand about how to use credit wisely and how credit cards work, so you'll need to pay attention if you want to learn correctly).

As an example let's pretend that your existing card account has been open for one year, and has a limit of $500. If you acquire a new card today from another bank with a $500 limit, you'll now have a total credit limit of $1,000 and a credit age of 6 months. Yes, you've gained more available credit but you just cut the average age of your credit accounts in half, which will also impact your already less-than-ideal credit score.

Now let's compare the example situation where you buy a tradeline instead of getting your own card directly from a bank. If you purchase a slot on a card with 9 years of age and a $11k limit, your new total credit limit would be $11,500 with an average age of 5 years. Or, if the you buy one with 20 years of age, your new average account age would be 10.5 years. The math is pretty simple to figure out.

Regardless of which tradeline you buy, you'll have a much higher total credit line, a much longer average credit age, and all of the positive credit history that comes with your purchase - whether it be 5, 10, or 20 years of flawless payment history. This impacts your credit score greatly since your profile was practically vacant. The benefit here is a large boost to your credit score, at which point you'd apply for a card of your own knowing there's a good chance you'll receive a much higher credit limit and lower interest rate.

Theoretically, you could repeat this process of purchasing larger and better lines each year, acquiring a new card of your own each time. As you continue using your own cards responsibly your credit score, history, and overall profile will have grown much larger and quicker than it ever would without the help of tradelines.

So, let's summarize what we just mentioned above:

  • Buy tradelines to temporarily increase your credit limit, age, and score
  • Apply for a new card (or cards) of your own during this window of opportunity
  • Maintain good credit habits by spending wisely and paying on time
  • Rinse, repeat, and build your credit in the fastest manner possible

Yes, it really can work like that - and not only for obtaining better credit cards. You can begin to incorporate personal loans, auto loans, or even a home mortgage as time goes on.

Okay, But Why Are Tradelines Temporary & How Did It Help My Score?

When you buy a tradeline you're essentially purchasing a place on someone else's card. When you do this (and when they add you to the account) you become what is technically known as an authorized user. The "owner" of the card is always the primary account holder. For simplicity of explanation, they are adding you as a secondary account user. However, this is not like a debit card or savings account - you are not truly entering a shared or joint bank account.

The primary cardholder is the person who is solely responsible for the balance of the card. Furthermore, your purchase is a line of credit that you'll never see or have any real access to. You won't be using the account to make purchases and you won't receive an actual card in the mail. Why? Because that's not the intention. Yes, you are paying for access to the tradeline of credit via becoming an authorized user. However, the sole purpose of paying for this - buying a tradeline - is to reap the benefits of their good credit through the positive impact it will have on your credit report.

It works like this:

  • Each month (in most circumstances) credit card issuers report the balance and payment status of a primary user's credit card account to the major credit bureaus
  • When a cardholder adds an authorized user to their account, that information is also provided to the credit bureaus
  • In turn, the account info of the primary cardholder is now reported upon the authorized user's credit profile
  • You, as the authorized user, will receive the benefits of the card's information (high limit, perfect payment history, low utilization, and long age)
  • Once that positive data appears on your profile, your score will shoot up by a significant number of points - especially when it was low or average

While there's no way to determine the exact number of points you'll see in terms of growth, you can be assured that buying high-quality tradelines delivers higher quality results. And since you're new and have such low history of credit usage, you can expect the highest impact. While tradelines can and do benefit people who already have many years of good credit and several cards, the best results are usually seen by those will very little history. It's actually not uncommon for someone to see a score increase of over a hundred points.

When this increase occurs, you are now within your window of opportunity. That's the time when your credit looks great and you'll be in the best position to apply for your own card(s). Once you've achieved your goal you are then removed as an authorized user. In the case we're discussing in this article, you'd have already applied for, been approved, and received your own credit card within your window of opportunity - something you couldn't have otherwise acquired so easily.

Overall, the process is impressively simple and works very well. But if you want to buy a good tradeline it will cost you a few hundred or even several hundred dollars - so you'll need to understand the inner workings and be sure to time things in accordance with your goals. This is why it's important to know how it works and be sure you only buy tradelines from a trustworthy source. After all, you'll be required to provide your personal information if you want to become an authorized user, and you don't want to just hand that over to anyone.

Where Can I Buy Tradelines Without Having Problems?

Again, you'll need to use a trustworthy source. Many companies including GFS Group provide authorized user tradeline services. These services - at least the good ones - are secure, professional, knowledgeable, and have the best interests of all parties in mind.

When you enter into the agreement to buy tradelines, the process between you and the card owner is beneficial to each of you. For example, GFS group is paying the primary cardholder a fee for allowing them to mediate the situation. Simultaneously, GFS provides safety and security to the primary card holder while also ensuring that you get the safety, service, and results you're paying for. It's important to know and understand this.

You absolutely don't want to go seeking and buying tradelines from random people on public forums, eBay, or from someone posting announcements on message boards or social media. Many times these people are scammers. And even if they're not, can you really trust them with your identity? If they're not running a real company and providing quality services, you risk losing your hard-earned money, becoming a victim of identity theft, or even unknowingly participating in fraudulent activity.

The best thing you can do is make contact with a reputable vendor of authorized tradelines and see what their process looks like. Check out their website, read their reviews, and if you have any doubts, give them a call and ask them about their process. Do they have any kind of guarantee for their service? Are they able to provide quick answers to your questions without pressuring you to make a purchase? Can you place your order online using a secure and user-friendly platform? All of these things are important.

If you find yourself in a situation where things don't feel right, turn the other way and seek a provider who gives you a good sense of security. It's always better to be safe than sorry.

GFS Group has been in business for nearly a decade and specializes in helping people in your exact situation, every day of the week. By employing high-quality tradelines that post quickly and effectively to the credit bureaus and with an expert staff who truly cares about your results, you can rest easy and feel confident that you're in good hands.

While nobody can guarantee any specific credit score outcome with 100% certainty, GFS group has a wonderful team who will help you understand what to expect from your current situation. They also have a guarantee that they will either refund your money or provide and equal or greater tradeline if your purchase fails to post to your credit profile. Each of these factors is what makes the foundation of a trustworthy, reputable, and success-based company.

Have questions or want to learn more? Check out the FAQs page before you decide to buy tradelines to build your credit. With GFS Group you're in good hands. You'll be glad you decided to use them as a way to build your credit and start a lifelong journey down the financial path of positive credit growth.