About Tradelines
What is a tradeline
In the broadest sense, a tradeline is any account that appears on your credit report. Different types of tradelines include mortgages, auto loans, student loans, furniture loans, jewelry loans, installment loans, and of course, credit cards of all types.
However, if you made it to our website, you may be interested in purchasing tradelines, and that is something a little more specific than this broad definition listed above.
We sell authorized user tradelines, which means you can pay to become an authorized user on someone else’s credit card. This account will then appear on your credit report showing your authorized user status.How do tradelines help?
Tradelines help in two ways: improve the credit line utilization, and improve the average credit line age. These two concepts are part of the calculation that goes into around 30/35% of your credit score.
What cards help with credit line utilization?
Cards with a high credit limit.
For example if your total credit line is $10,000 and you are using $5,000 of it then your utilization is 50%. If you add a tradeline with a $20,000 limit and negligible use then your new utilization would be 16.6% ($5,000/$30,000)What cards help with average card age?
Cards that have been open for a long time.
For instance if you have two cards, each 1-year and 2-years old then your average card age is 1.5-years old. Adding a card that is 12-years old will improve your average card age to 5 years (the total of 15 years divided by the 3 cards)What if I have collections?
You should fix those first either paying up or setting up a payment plan or going through some type of credit repair process.
How much will my score go up?
This is of course impossible to tell. Usually around 50 points, provided that nothing else changes. We have seen up to 100+ points improvement but this was with people with little credit history rather than bad credit history. We cannot guarantee any specific number.
Purchase process
How do I buy?
Browse through the tradelines listed at https://kindoflost.com/product-category/tradelines/ add to cart and checkout paying with a credit card or bank transfer.
What information do I have to send
We will need your: full name, social security number, date of birth, address, pictures of your social security card, picture of your driving license or goernment-issued ID, and email and password to log in to your creditkarma account (this requirements are listed on each tradeline posted).
Why do you need so much personal information?
It is the very minimum credit card companies require to add an authorized user. And the information is needed to make sure the card effectively gets into your credit report.
Why do you need my creditkarma login?
Initially we will use the account to validate your information is real and accurate. If after you buy, for some reason, the card doesn't make it to your report, we will use the creditkarma reports to verify that, and give you a refund.
How will I know that I was added to the card?
We will email you a photo of your credit card showing your name and hiding the card number. And you will also see the card in your credit karma account, and in your credit report.
When can I expect to see the tradeline on my credit reports?
You can expect to see the tradeline added to your report 15 DAYS after the closing date for the credit card.
Tradelines Warranty
What is your return policy?
If ONE MONTH after the closing date for the credit card you chose you still don't see it in your creditkarma account then contact us. We will login to your creditkarma account and if we verify that the card is not added to your Transunion and Equifax reports then we will ask for your experian.com account information. If we login to your experian accout and it is not listed in experian either then we will give you a full refund right then.
Selling tradelines
How can I list my tradelines on this site?
Please contact us or send an email to [email protected].
What is the process?
We use the same methond most other online companies use. We make the sale, verify and validate the buyer's information, send you the information you need to add the user, and you add the authorized user to your account.
What is the pay rate schedule for sellers?
You set the price you want to sell your tradeline for, the lower the price the faster the sale.
What is this site's commission?
We charge a fixed $100 for collecting the buyer's information, verifying and validating it, collecting the funds, sending you the information, reminding you to remove it and paying you. You will see your tradeline listed for $100 over your desired sale commission. Most competing sites pocket around 70% of the sale price.
How long will I have to keep the authorized user?
At least two monhts. We may define a different hold period for specific cards/banks/buyers/sellers.
When do I get paid?
You will get paid two months after you add the authorized user.
Read a few blog posts on tradelines
Browse the tradelines for sale
Other questions? Please Contact us