Website: authorizedusers.com
Category: finance-insurance
Country: US
Founded: 2001
Employees: 51-100
**What is Authorizedusers?** Authorizedusers is a credit services company founded in the 1990s and headquartered in California, United States. It has around 50 employees and specializes in tradeline services designed to help individuals enhance their credit profiles. The company targets consumers who want to improve their credit scores efficiently. Authorizedusers operates within the financial services industry, specifically focusing on credit and debt-related offerings. **How does it work?** The company provides tradelines which involve adding customers as authorized users on existing credit accounts with positive payment histories. By piggybacking on these established accounts, customers can potentially raise their credit scores. The process involves evaluating customers' needs and placing them on suitable accounts to maximize credit benefits. Customers receive support and guidance throughout to ensure compliance with credit reporting standards. **Products and services** Authorizedusers primarily offers tradeline services where consumers gain authorized user access to credit accounts. This approach aims to boost personal credit scores by improving reported credit history and utilization ratios. The company facilitates trades of authorized user slots on credit cards with established positive histories. There is no direct lending or credit issuance; instead, services focus on credit profile enhancement through account sharing arrangements.
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Honestly, some people do experience drops in their credit score after being added as authorized users. It can happen if the primary account has a high balance or missed payments, so it's really important to pick good accounts to jump on.
Yeah, there are definitely risks. Users have reported issues like unauthorized additions and even falling victim to scams, so you really need to do your homework before committing to a tradeline service.
Not exactly. For instance, some users mentioned that even if you're an authorized user, you might not get access to all the perks, like lounge access, that primary cardholders enjoy.
A lot of users feel it's a bit of a gamble. Some say the benefits just aren't worth the cost, especially since you can improve your credit score in other ways without paying for it.
It varies, but some users have seen changes in their scores within a month or two. Just remember, it depends on how the primary account is managed in that time.
Yes, this can happen. Some users shared that their credit card companies removed authorized users without warning, which can lead to sudden drops in credit scores if you're relying on that account for your credit profile.