1. What is a Tradeline?

A tradeline is a record of credit activity on a specific account, such as a credit card or loan, reported to credit bureaus. When you are added as an authorized user to an existing tradeline, the account’s positive history, like on-time payments and credit utilization, may appear on your credit report, potentially boosting your credit score.

2. What type of Tradelines does LM Financial Consulting LLC offer?

We provide a variety of tradeline services designed to help clients improve their credit profiles. Our offerings include:

• Primary Tradelines – Credit accounts that are actively used and reported by major credit bureaus to establish or enhance credit history.
• Seasoned Tradelines – Accounts that have been open for a longer period, offering a more positive payment history and higher credit limits to improve credit scores.
• Authorized User Tradelines – Clients can be added as authorized users to high-limit, well-managed accounts to boost credit scores and increase overall creditworthiness.

Each type of tradeline is tailored to meet specific credit improvement goals, ensuring our clients achieve the best possible results.

3. How long does it take for the tradeline to appear on my credit report?

Tradelines typically appear on your credit report within 30 to 45 days after being added, depending on the credit card issuer’s reporting cycle and your credit bureau updates.

4. Will I have access to the credit card as an Authorized User?

No, you will not receive the physical credit card or access to the account. This service is solely to help boost your credit by reflecting the positive history of the account on your credit report.

5. How long will I stay on the tradeline?

You can choose to remain on the tradeline for 1, 3, or 6 months, depending on the package you select. Each month is defined as the period between the statement opening and closing dates.

6. Is this service legal?

Yes, adding Authorized Users to credit accounts is a legal and common practice. Many credit card companies offer this option, and it’s frequently used to help family members build or improve credit.

7. How much of a credit score boost can I expect?

The increase in your credit score depends on several factors, including your current credit profile, existing debts, and payment history. While most clients experience a boost, results will vary for each individual. Additionally, the more tradelines you acquire, the greater the potential impact on your credit score and overall credit profile, enhancing your ability to qualify for loans, credit cards, and other financial opportunities.

8. What happens if I need to change the information I submitted?

If you realize there’s an error in your submitted information, contact us immediately to make corrections. Providing accurate information is essential for timely and effective service.

9. Do I need good credit to use this service?

No, this service is designed to help individuals with low or average credit scores improve their creditworthiness. It’s also beneficial for those with no established credit history.

10. Are there any risks involved?

Risks are minimal if the information provided is accurate. However, delays or failure to report can occur if inaccurate information is submitted. Our team is here to guide you through the process to minimize any issues.

11. What payment methods do you accept?

We accept the following payment methods:

• Credit Card
• Debit Card
• Apple Pay
• Google Pay
• Cash App

We use Square for all transactions, ensuring a secure and convenient payment experience for our clients.