HSBC Tradeline- Authorized User -,100 credit line Aged 1 year 6 months

Description

This is a chance for your credit score to receive a boost.  This is a ,100 credit line, aged 1 year 6 months that will be added onto your current credit report for 2 consecutive months.
If you want stronger credit, better approvals & a smoother life, These accounts are great for giving a quick boost to your credit score overall. They take little time to post and can be used on any personal credit file you wish.
Looking to increase your credit score-- Adding this tradeline to your credit file helps in all the right ways.  See details below.
We all know the components of a credit score right?  Here they are listed below, and how adding a tradeline will assist in each specific category.
Payment History Is 35% -Lenders are most concerned about whether or not you pay your bills on time. Consistently paying creditors on time is the most important factor in determining your credit score? even one missed payment can have an impact. Your FICO Score considers the number of accounts with missed payments over the last 7 years--
Adding this tradeline you will have 1 year and 3 months of perfect payment history see screen shot below
Debt level Is 30% -The amount of debt you have in comparison to your credit limits is known as credit utilization. --
Adding this tradeline you will have an additional ,100.00 added to your overall credit limit with less than a 2% credit utilization on the card.  (Need to spend a nominal amount every month so that it shows on your credit report)
Length of Credit History Is 15% -Having a longer credit history is favorable because it gives more information about your spending habits. --
Adding a seasoned tradeline to potentially increase your overall credit length.
Inquiries Are 10% -Each time you make an application for credit, an inquiry is added to your credit report.--
This does not count as an inquiry so this will not negatively impact your score.
Mix of Credit Is 10% -Having different kinds of accounts is favorable because it shows that you have experience managing a mix of credit. This isn't a significant factor in your credit score unless you don't have much other information on which to base your score. --
This would add a revolving credit tradeline to your current scoring model.
Your credit score is considered to be one of the most crucial factors in your financial life.
In order to accurately and properly update your information, we will need a copy of your valid and unexpired drivers license as well as a copy of your social security card.  This will allow us to update your information to ensure it appears on your credit file.
While we cannot guarantee how much your credit score will be impacted, adding a seasoned tradeline with a perfect payment record will generally enhance your credit profile.
If you have any questions please ask.