Authorized user tradelines
An authorized user tradeline is a seasoned credit card you are added to without being liable for the balance. KAL Kreations uses cards with FICO scores over 830, perfect payment history, and less than 5% usage reported each month. The renewable 60-day term covers two billing cycles.
All tradeline fees are reimbursed if KAL Kreations arranges your real estate investment loan.
Tradelines add authorized-user history to a credit file.
You will be talking directly with the cardholder, without a middleman.
Why card quality decides the outcome
An authorized-user entry carries the attributes of the underlying card. Age, limit, utilisation and payment history are what appear on the file, which is why only cards with over-830 scores, perfect history and under 5% reported usage are used.
Frequently asked questions
Am I liable for the card balance?
No. An authorized user is not responsible for the debt on the account and does not have spending access through this arrangement.
Who do I work with on my tradeline?
You will be talking directly with the cardholder, without a middleman.
Do all three bureaus show the tradeline?
Reporting depends on the issuing bank's practice and on your own file. Just like with Experian, Equifax and TransUnion, scores are different for each client and so are the rules. Each bureau has different criteria. Call 415-892-0470 for more details.
Tradelines add authorized-user history to a credit file.