Note Loans Credit Trade Line Account Reporting FAQs
Q: What is a primary good credit trade
line?
A: A primary (borrower) good credit trade line is a
credit line that the primary account holder originally
established and is financially responsible for.
Q: Can I still get
“Seasoned” credit placed on a new credit
file?
A: NO, the credit bureaus and banks have effectively closed
the loophole pertaining to aged credit accounts. Many
fly-by-night companies offering this service are
preying on consumers by promising them “overnight”
credit score increases that never materialize. Don’t be
their next victim! Contact us today at
850-826-1662 for the real, permanent credit
score solution!
Q: Do you sell
authorized user accounts or any other “seasoned credit or
aged credit” good credit trade lines?
A: No, we do not sell any “aged good credit” aka
“seasoned good credit” trade lines. This technique
is obsolete with the new FICO 08 in effect as of 1
January 2009, and we do not engage in such unethical
practices. “Seasoned” credit or “Aged” primary good credit
trade lines are ineffective, because companies that report
them are quickly ”red flagged” by the credit bureaus
due to fraudulent credit reporting practices. As an
authorized user using another person’s credit card to build
an instant credit score loophole has been closed. While you
can still be an authorized user, this type of seasoned
credit will not give you a credit score with the new FICO
08 ruling.
Would you want to pay hundreds or even thousands of dollars for seasoned or aged credit trade lines that may be removed from your credit report in weeks or months, or worse yet never show up?
Q: How
many good credit trade lines can I
purchase?
A: One credit line per person. In order to
preserve the legitimacy and longevity of our services we
can only provide one trade line per
individual.
Q: How many points
will my score increase when I add the
tradeline?
A: We have seen credit scores increase as much as 89
fico credit points in one month, but the specific score
improvement is impossible to predict due to the unique
credit situation of every client.
Q: In what
situations can I expect to see an initial credit score
increase?
A: If you have insufficient credit or have high
debt-to-limit ratios you should see immediate improvement
in your credit scores.
Q: How long do I
have to pay on the trade line?
A: 12 Months. You must pay the initial administration
set-up fee on the tradeline and your account will
have an initial balance. The balance is amortized over 12
months. At the end of the credit trade lines account
reporting period your credit account will
automatically be terminated and the account will
report as closed, reflecting a “paid” zero balance.
Q: Will your
tradelines be affected by FICO 08?
A: No. All of our accounts are primary accounts which will
not be affected by FICO 08.
Q: How long do I
have to pay on the good credit line?
A: You must pay the initial administration set-up fee and
monthly payments for twelve months. After twelve
months you can request to close the account or extend your
monthly payments to further increase your credit score.
The account will be reported as Paid/Closed By Consumer and reflect a zero balance at the end of the twelve month period unless you renew for another 12 months to increase your credit score even more, or terminate the account sooner. You must pay the initial set up fee, unless waived, and monthly payments for a minimum of only twelve months so we can legally report to the credit bureaus.
Q: Will your good
credit trade lines be affected by FICO
08?
A: No. All of our accounts are primary accounts which will
not be affected by FICO 08.
Q: Which credit
bureaus will my good credit trade lines report
to?
A: Experian, Transunion, and Equifax.
Q: Why do you
charge a monthly fee for your good credit trade
lines?
A: In order to legitimately report credit to
the credit bureaus you must make payments. It is not
legal or ethical to report a payment history that does
not exist.
By running a legitimate operation we are able to help more people and provide long term credit solutions to individuals as well as businesses.
Q: There are so
many companies offering to help me with my credit. Who
should I trust?
A: Do your homework. If something seems too good to be
true, it probably is! The internet is a wonderful research
tool, but remember that anyone can post anything
online.
I recommend visiting websites such as www.BBB.org, and a good place to get almost instant 700+ credit score is with a program called the “CreditMedic” at www.bz9.com/credit-Medic during your investigation. You may want to go this route before you want us to add our credit trade lines to your credit report.
Q: What services
are best for me?
A: Everyone’s credit situation is unique, and this is why
we offer free credit evaluations to provide you with the
“road map” before we begin our journey. A
main component of our personal and business
credit programs is client education.
Q: Will you
check my credit?
A: None of our programs require a credit check. The only
way we pull your credit reports either before or after our
good credit trade lines are added so you can compare your
before and after credit scores is when you give us
permission or ask us to.
*Sometimes, randomly, we will request that you give your permission for us to pull your before and after credit reports for advertisement purposes. Testimonials are unrequested, but we encourage you to tell the world what our service did for you.
Q: How many points
will my credit score increase when I sign up for your
program?
A: Everyone’s credit situation is unique, and this is why
we offer free credit evaluations to provide you with the
“road map” before we begin our journey. We have seen
credit scores increase by up to 89 fico points
the first month, but no specific score improvement can be
guaranteed. It all depends on your current credit score and
how many bad credit accounts you have on your credit
report.
Q: I have worked
with “credit repair companies” in the past and have had
poor results. What makes your company
different?
A: We refer to traditional credit repair companies as
“dispute mills”, and by virtue of how they conduct business
some results are generally unfavorable and credit
repair takes too long most of the time, but there is one
credit repair company that we recommend that gets results
and charges $46 per month with guaranteed results at
http://www.bz9.com/repair.
Our comprehensive approach to personal credit improvement involves addition of positive good credit trade lines as note loans. We educate our clients about credit and position you to quickly obtain high-limit credit cards, purchase a real estate mortgage, automobile, loans, and have a better overall quality of life, both financially and a less stressful future.
If we can not help you, because your credit scores are under 620, we strongly recommend you go to www.bz9.com/credit-Medic and check out their “CreditMedic” program.
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These tradelines, trade lines, primary tradelines, primary trade lines, free credit evaluation, revolving tradelines, installment tradelines, business credit, credit lines, primary credit line, and good credit lines Increases your credit score on all credit bureau credit reports.
Request a FREE credit evaluation today.
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