Author Topic: Selling Tradelines / Piggybacking: $1000+/hr, 20-40k/yr. Side Gig  (Read 124212 times)

missundecided

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #750 on: November 30, 2016, 03:08:16 PM »
ARS, please remove my post if you think it doesn't belong, but I have a question about adding an AU but not through this program. Perhaps the hive mind can help.

I want to help my father establish credit (he's an American who's lived abroad most of his life and never had a credit card) because he's moving back to the US and I want to remove any possible obstacles of him renting an apartment, etc. Coincidentally, I received an MR offer from Amex to add an AU. Will adding him to my Amex help my dad at all? I ask because I know the trade line company mentioned in the thread doesn't work with Amex, so does that mean he wouldn't receive a boost from his association with me?

Secondly, the card I'm considering adding my dad to is one that I probably won't renew after next autumn, and I'm not 100% on the timing of my dad's move back stateside. If I end up cancelling the card, will this torpedo any efforts I made in boosting his credit? I'll have had this card for two years.

Given all this info, should I just go with a completely different card (like B of A, which I think is 5 yrs old) and forget the MR offer? 

ender

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #751 on: November 30, 2016, 03:44:34 PM »
If you have an older one just add him to that one.

Unless the credit limits are dramatically different I don't see any reason the newer one would be better.

RedwoodDreams

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #752 on: November 30, 2016, 03:50:39 PM »
Got paid today!

However, although I'd sold two TLs last month, only one posted correctly, so I only got $262 instead of $524. Bummer.

More importantly, since I first started doing this, I've gotten a total of 4 orders for my Barclaycard. 2 posted correctly and I was paid; the other 2 didn't post correctly.

I add the AUs online, exactly the same way each time. Barclays doesn't ask for a SS, which might be partly to blame (?)

Is anyone else experiencing this, and does the TL co. "fire" you if it happens consistently? I'd think your card might be considered unreliable if its posting is iffy...unless this is all just part of the way things work--sometimes they do, and sometimes they don't. ?

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #753 on: November 30, 2016, 04:23:29 PM »
Sounds like you figured out your issue, but I noticed that Barclays mangles apartment #s.  It seems to mix that into the address upon save.  I am concerned this may hose up my AU reporting this month.  (I don't think the previous AU had an apt#).

RE: Barclays

So far, the above issue with apartment numbers has not been a problem.  Good news!

Also, I wanted to let folks know that the lack of SSN now does not seem to be an issue. 

If any of this changes after the next 30 days or so, I will post again.
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Fireball

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #754 on: November 30, 2016, 05:02:11 PM »
I called in for a few orders last night/today - I had a really hard time with Citi customer service this time - twice I was put on a mysterious hold and then hung up on, a 3rd time the woman could not understand what I wanted at all. A 4th time, I was transferred to the fraud department (I decided to hang up when they said they were transferring me).

I finally got the AUs squared away, but I am hoping this was a one-time fluke, and not some sort of awareness/dodging of the frequent AU adding/removing.

I had a little bit of trouble a few days ago when adding three AUs with Citi.  Two went on without a hitch, but the CSR tried to transfer me to an Account Specialist on the 3rd call. She ended up coming back on the line and said it wasn't necessary, but it made me wonder what they were discussing while I was on hold.

DavidAnnArbor

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #755 on: November 30, 2016, 05:06:47 PM »
So the guy who heads up the alternative tradeline company recommends making these calls to customer service during peak customer service hours so that they don't have time to discuss perceived anomalies.

arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #756 on: November 30, 2016, 06:02:38 PM »
Thanks for the Citi info everyone.  Good to know, and to keep an eye on.

:( no orders yet for this month. I was growing accustomed to that email alert coming in a couple days before the end of each month. Not looking good.

... and an order just came in. Yeah! One final $400 spot.  Twas good while it lasted.

Nice!  :)

ARS, please remove my post if you think it doesn't belong, but I have a question about adding an AU but not through this program. Perhaps the hive mind can help.

I want to help my father establish credit (he's an American who's lived abroad most of his life and never had a credit card) because he's moving back to the US and I want to remove any possible obstacles of him renting an apartment, etc. Coincidentally, I received an MR offer from Amex to add an AU. Will adding him to my Amex help my dad at all? I ask because I know the trade line company mentioned in the thread doesn't work with Amex, so does that mean he wouldn't receive a boost from his association with me?

Secondly, the card I'm considering adding my dad to is one that I probably won't renew after next autumn, and I'm not 100% on the timing of my dad's move back stateside. If I end up cancelling the card, will this torpedo any efforts I made in boosting his credit? I'll have had this card for two years.

Given all this info, should I just go with a completely different card (like B of A, which I think is 5 yrs old) and forget the MR offer?

They don't use Amex because when you add an Amex AU, it reports the date the AU was added as the opening date on their card, so it doesn't help at all w/ the age, only the credit limit part.  And if you have a card (B of A) that's older, and not going to be cancelled, I'd just add him on that.

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tj

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #757 on: November 30, 2016, 06:47:16 PM »
I think Amex nerfed their old way of doing things.

I have an Amex that shows an open date of 2004 because that was when my dad first added me as an au on his card. I didn't open my own until much later.

If you read creditboards (or is it creditforums ? ) the legendary Bob Wang used to help people out with his Amex from the 80s. Eventually Amex told him to stop. 😂

TomTX

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #758 on: December 03, 2016, 06:25:23 AM »
My limits are low, 4k 2k, and 1k. My credit is good - great range. If I were to apply for an increase and be denied, is it possible to go directly to the bank with cash in order to obtain the increase?

No.  Credit limits are generally based on three things:  your credit score, your stated annual income, and, to a lesser extent, your relationship with that credit issuer.  You'll need to improve in those three areas, not show up with cash.

Well, you could use that cash to open up a couple of Chase bank accounts (make sure to get the signup bonuses, currently up to $500) to improve your "relationship" with Chase.
Credit card signup bonuses:

$150 bonus on $500 spend for Chase Freedom:
https://www.referyourchasecard.com/2/MU4TDQ1N3K

$50 bonus (no min spend, just use it once) plus double all cash back at the end of 1 year for Discover, including the initial $50:
https://refer.discover.com/s/37e3u

$500 bonus on $4,000 spend for Chase Sapphire Preferred:
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TomTX

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #759 on: December 03, 2016, 06:29:17 AM »
Do any of the issuers let you add/remove AU's online? Patiently waiting for the "good company" to open the floodgates again. heh.

Yes you can remove online with many cards but often it's not a specific link that says "remove AU", rather you create and send a "secure message" or the like with your request to remove specified AU

Nice.  I've never done that, I always call if there's no button to remove them (like Discover and Barclays have).  Which companies have let you removed over secure messaging?

General Question: As this is income for which you'll receive a 1099 and then have to report on your taxes, what associated expenses could also be written off/deducted from that income?

I don't see why not.

The problem is you have to prorate the use for the business, and the amount of time that it takes is so tiny.

2 minutes to add person.. what percent of computer use is that?  5 minute call to remove them... what percent of using your phone is related to this business use?

So, sure, you can deduct expenses, but it'd probably be pretty small.

I travel a lot for work, and have significant formatting issues when using the site on my phone. I don't currently have a laptop computer. I may need to buy a slim/light laptop for the site next year.

MOD EDIT: Site name removed.
« Last Edit: December 03, 2016, 06:34:56 AM by arebelspy »
Credit card signup bonuses:

$150 bonus on $500 spend for Chase Freedom:
https://www.referyourchasecard.com/2/MU4TDQ1N3K

$50 bonus (no min spend, just use it once) plus double all cash back at the end of 1 year for Discover, including the initial $50:
https://refer.discover.com/s/37e3u

$500 bonus on $4,000 spend for Chase Sapphire Preferred:
https://www.referyourchasecard.com/6/Z8JIP66H7G

arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #760 on: December 03, 2016, 06:35:54 AM »
I travel a lot for work, and have significant formatting issues when using the site on my phone. I don't currently have a laptop computer. I may need to buy a slim/light laptop for the site next year.

Sounds deductible to me!
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TomTX

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #761 on: December 03, 2016, 06:54:06 AM »
Oh, and I got 2 sales over Thanksgiving, filling both slots I have registered. Card is 4 years old, $15k limit.

By the end of December I would like to figure out what to do with my (and my wife's) additional cards - try to add them to the first company, or use someone else. Having a trustworthy company is paramount - if they don't pay enough, I just won't bother.

 Too bad the Citi Costco card requires the user have a Costco member #. Can anyone else verify that?
Credit card signup bonuses:

$150 bonus on $500 spend for Chase Freedom:
https://www.referyourchasecard.com/2/MU4TDQ1N3K

$50 bonus (no min spend, just use it once) plus double all cash back at the end of 1 year for Discover, including the initial $50:
https://refer.discover.com/s/37e3u

$500 bonus on $4,000 spend for Chase Sapphire Preferred:
https://www.referyourchasecard.com/6/Z8JIP66H7G

arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #762 on: December 03, 2016, 07:02:52 AM »
Oh, and I got 2 sales over Thanksgiving, filling both slots I have registered. Card is 4 years old, $15k limit.

It seems like about half the people are seeing sales right now.  So we're above capacity, but that may increase once prices drop (so it costs less for AUs and/or people leave).

Quote
By the end of December I would like to figure out what to do with my (and my wife's) additional cards - try to add them to the first company, or use someone else. Having a trustworthy company is paramount - if they don't pay enough, I just won't bother.

Agreed on both.  Had more dialogue with two companies yesterday.  Waiting on a few things, but should have a writeup later this month on my thoughts on that, at least.  :)
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
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kudy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #763 on: December 03, 2016, 10:19:38 AM »
Too bad the Citi Costco card requires the user have a Costco member #. Can anyone else verify that?

Dang, I didn't even think about that! Might be true, because it doubles as a membership card. I was hoping that'd be my next addition to the program, but I guess maybe not?

letired

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #764 on: December 03, 2016, 11:12:24 AM »
Too bad the Citi Costco card requires the user have a Costco member #. Can anyone else verify that?

Dang, I didn't even think about that! Might be true, because it doubles as a membership card. I was hoping that'd be my next addition to the program, but I guess maybe not?

Yes, if you want to add someone to a Costco-branded card, they have to have a Costco number.

kpd905

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #765 on: December 03, 2016, 05:26:30 PM »
I woke up to a scary email from Discover yesterday saying that I needed to call them about fraudulent activity.  I called and they asked if I had added authorized users a few days ago, I said yes.  They then asked who I added, and I rattled off the five names all in a row from the website interface.  I fully expected them to ask how I knew all of these people or to just tell me I am being shut down.  But she just said, "Ok, that matches what I see here."  She told me I was good to go and they were just worried that it wasn't me adding these people.

I guess next month when they move to two month cycles it will probably decrease the chance of this happening to me again, otherwise I would probably drop down to 3-4 lines at a time instead of the maximum five.
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arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #766 on: December 03, 2016, 05:41:47 PM »
I regularly get emails from Capital One (and now Chase, I don't normally use, but trying out with another company at the moment) after I add an AU to click confirm that it was me, and not fraudulent.

IIRC I did have to call once, and I believe it was Discover as well. Definitely make sure you have the tradeline site open w/ the names before you call.

No big deal.  :)

Did you really sell 5 Discover spots this month?  That's pretty awesome.
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kpd905

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #767 on: December 03, 2016, 05:45:02 PM »

Did you really sell 5 Discover spots this month?  That's pretty awesome.

Yup, because I am right at the top of the <$10,000 bracket, at $9500.  So I tend to sell quite a few, but now the price is going to drop to about 1/3 of what it is now.  Still really easy money but it is a bummer to know what I could have made if I would have started this a bit earlier.
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arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #768 on: December 03, 2016, 05:52:21 PM »

Did you really sell 5 Discover spots this month?  That's pretty awesome.

Yup, because I am right at the top of the <$10,000 bracket, at $9500.  So I tend to sell quite a few, but now the price is going to drop to about 1/3 of what it is now.  Still really easy money but it is a bummer to know what I could have made if I would have started this a bit earlier.

We've talked about that briefly as a strategy (bumping your credit lines up to the top of the bracket, but not asking for it to go over--e.g. 19,500, rather than 21,000)--lower payment than you could have, but possibly more sales.  Good to hear it's working for you.

Of course, if all Mustachians did that, it might not work... Or would just put us ahead of all non-Mustachians in their client base.  ;)

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kpd905

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #769 on: December 03, 2016, 05:58:36 PM »
Yeah I am having a hard time deciding what to do about this with the commission changes starting now.

If I keep the credit limit under $10,000 I will only make $37.50 per user per month but I will probably sell out most months.

If I increase to over $10,000 it jumps to $62.50 per user per month, but I probably won't sell many spots due to being low in the bracket.
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secondcor521

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #770 on: December 03, 2016, 06:03:23 PM »
Has anyone asked or does anyone know if the company supports USBank AMEX cards?  I know they don't support AMEX cards issued by AMEX, but they do support USBank cards, so I'm not sure if they support USBank AMEX cards.

I can ask them, I just thought someone might already know.
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arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #771 on: December 03, 2016, 06:26:24 PM »
Has anyone asked or does anyone know if the company supports USBank AMEX cards?  I know they don't support AMEX cards issued by AMEX, but they do support USBank cards, so I'm not sure if they support USBank AMEX cards.

I can ask them, I just thought someone might already know.

I know for a fact that one particular type of Amex is supported, but I don't recall which one it is, and don't have it written down (was in a phone research conversation, not email).

So that's not 100% helpful, but hopefully at least enough info to make it worth emailing (versus a "none are accepted" answer).

Let us know if/when you find out!
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Belief10

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #772 on: December 03, 2016, 06:42:19 PM »
My update...Still have not had a successful trade order. Had two orders that were eventually cancelled in Oct (one couldn't be added because of a strange address, the other user was a convicted felon that I balked on), and have had no orders for two months now. I have to wonder if the company has blacklisted me. I will wait a month or two more to see if anything changes.

RedwoodDreams

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #773 on: December 05, 2016, 02:51:38 PM »
Wuh oh.

Got my first Discover sale yesterday. Added the AU, logged out, and logged back in to verify that the AU had been properly added. Yes, it was correct.

In a moment of paranoia today, I logged back in to verify the AU, and got this message from Discover:


Please Contact Customer Service

Due to special conditions related to your credit card account, we cannot provide you with access to your account information at this time.

Please contact Customer Service so we can help you resolve this issue:
1-800-347-4996


I wonder if we mustachians are flooding Discover with AUs and they're starting to do more flagging...

arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #774 on: December 05, 2016, 03:23:43 PM »
Discover's been getting more fidgety for a few months, wanting documents uploaded at times, etc.

That being said, I had a similar message from Discover six months ago in June when I started this.

It was a simple call, confirm the name of the person I added (make sure you have this handy), Okay, Thanks, Bye.

Let us know if it's any different for you, but this should just be a standard security/fraud protection thing, no big deal.  :)
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secondcor521

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #775 on: December 05, 2016, 04:41:48 PM »
I had a similar situation today with my USAA card.

I have five AU slots.  Two were already filled with orders from last month.  I got three orders this month and, following protocol, called in to add them one at a time.

When I called to add the third one (bringing my total to 5), I was transferred to a fellow in fraud, who was suspicious of what I was doing and why I wanted to add another AU.  I answered his questions, he put me on hold several times, and finally acquiesced.

I also had to go over my last five or six transactions on that card with them and approve them as valid charges - I don't remember if that was when I was adding the fourth or fifth AU.

I don't know if there is just some mechanism that puts cards on fraud alert when an AU is added, or if a nervous CSR can silently do it on their own during a call when they suspect something is wrong but can't really say what it is.

Two of the three CSRs with whom I spoke today also asked at the end of the call if I wanted to add anyone else as an AU.  I was tempted to go ahead and take them up on it, figuring that someone adding three AUs in three separate phone calls in a single day is more suspicious than someone adding three AUs in one phone call.  I dunno.  I'll follow the recommendations for now.
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arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #776 on: December 05, 2016, 05:07:21 PM »
You can add multiple AUs per call, if they're on the same card.

You should just not:
1) Remove AUs and add them in the same call,
2) Add AUs for multiple different cards (even with the same bank/issuer) in one call.

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RedwoodDreams

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #777 on: December 06, 2016, 10:53:12 AM »
Discover's been getting more fidgety for a few months, wanting documents uploaded at times, etc.

That being said, I had a similar message from Discover six months ago in June when I started this.

It was a simple call, confirm the name of the person I added (make sure you have this handy), Okay, Thanks, Bye.

Let us know if it's any different for you, but this should just be a standard security/fraud protection thing, no big deal.  :)

Thanks, coach. :-)

You're right. They're just making sure someone hasn't gotten my card and added themselves as an AU. They seem more diligent than I'm used to about security, which is actually reassuring. To be fair, I only fairly recently started using this card at all, in preparation for selling TLs, so that maybe made it stand out somewhat as well.

So people might want to "prime" cards that have been in hibernation for a cycle or so before signing the card up for TLs (by making a few purchases to make them seem active again). Not sure if it matters, but it might seem less obtrusive.

afarmer

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #778 on: December 19, 2016, 08:02:55 AM »
Tagging along on this for the new year.

Edit: Spelling.

Belief10

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #779 on: December 21, 2016, 09:29:41 AM »
Got an order for Discover yesterday at the $19,800 level. Successfully added by just typing everything in, no extra documents were needed and it was immediately added on my Discover profile.

Fireball

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #780 on: December 21, 2016, 10:32:05 AM »
Just a data point for you Citi cardholders out there. Now up to  5 AUs on my Citi card and all is well. The only interesting thing is Customer Service made me verify 4-5 pieces of account information for each AU added once I got to 3 AUs. Security word, bank account number, text verification, transferred me to a "specialist", etc. Nothing major, but definitely more of a process once I got a few on there.

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #781 on: December 21, 2016, 11:16:16 PM »
Anyone knows if this exists in Australia?

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #782 on: December 22, 2016, 07:39:36 AM »
Just a data point for you Citi cardholders out there. Now up to  5 AUs on my Citi card and all is well. The only interesting thing is Customer Service made me verify 4-5 pieces of account information for each AU added once I got to 3 AUs. Security word, bank account number, text verification, transferred me to a "specialist", etc. Nothing major, but definitely more of a process once I got a few on there.

Your bank account number?
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Bones81

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #783 on: December 25, 2016, 09:51:58 PM »
Would love to get in on this but only have 2 CCs (both Chase) and only one is over 2 years old.  Am interested to see how using Chase cards goes for others given their rep.

The only other potential pitfall for me is that I work for a bank (in the investment bank unit) and have to report all outside business activities, so if I'm getting direct deposit payroll transactions in my checking account, I might have to disclose/ask permission. 

May not be worth it for me given the risk versus reward but I'll keep an eye on this thread to see how the Chase users do with the other tradeline companies. 

arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #784 on: December 25, 2016, 10:21:41 PM »
The old company stopped accepting Chase as of Dec 1.

The new company I'll be recommending soon accepts it, with a caveat (you need another card to "pair" with it to make it post correctly--this could be viewed as a benefit, as then you get two sales).

I do not use Chase personally, as discussed earlier in this thread, as I don't want to risk getting it shut down (I have 500k+ UR points that would go poof). I do use B of A, Capital One, Discover, etc. because I don't care if those cards get shut down.

Other people do use Chase, because they're okay with the risk of Chase closing their cards.

In any case, I personally wouldn't risk my main source of livelihood for a side gig, as you're discussing, but for most people I think this is an amazing opportunity to take advantage of their idle credit cards.
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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #785 on: December 25, 2016, 10:29:37 PM »
Yeah, I just got the Saphire Reserve card a few weeks ago plus the Mileage Plus card that I've had for almost a decade with 400k miles on it.  My main concern would be having both cancelled but maybe if I only do it every so often, it won't raise any red flags.

I'll definitely ask work about it before i do it, if they say no then so be it.  Definitely not risking my job (even though I hate it) over making a few bucks on the side.  I recently got my airbnb side hustle on, so that's an extra $8-10k per year already. 

Leaning towards not doing it but will see how others using Chase with the new company do. 

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #786 on: December 25, 2016, 10:34:51 PM »
You'd need an extra non-Chase card for it to work.  They have to sell a slot on the Chase and the non-Chase one to get the Chase one to correctly report (Chase won't report correctly, but if you can "tie" it to another one via the address, it'll work).  Sounds like you'd need another card.

Either way, you should definitely start travel hacking for free money (even if you don't travel, cash deposited into your account is nice), and the credit score boost.  :)
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
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TomTX

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #787 on: December 26, 2016, 06:07:18 AM »
The old company stopped accepting Chase as of Dec 1.

The new company I'll be recommending soon accepts it, with a caveat (you need another card to "pair" with it to make it post correctly--this could be viewed as a benefit, as then you get two sales).

Any estimation whether "soon" will be - ie "before Jan 1" or not?

Need to make some decisions about whether to add more cards to the old company, or look at the new one.

If you're not ready to recommend yet that's fine - just looking for an estimate.

I do really appreciate your research.
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arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #788 on: December 26, 2016, 06:22:48 AM »
The research is done, I have the recommendation, it's a matter of me sitting down and writing it all up.

With family visiting for the holidays, I haven't had a long chunk of time to sit down and work on that.  I estimate I probably have 5 hours or so left of writing my report.  (As I wrote at the beginning of the write up I've started, compressing 15+ hours of phone calls and many, many emails is difficult.) Then a lot of organizing, editing, making sure it reads well and makes sense as I fill in sentence fragments from my notes on the phone calls, copy/paste from emails, etc.

To more directly answer your question: I wouldn't enroll any cards with the old company.  (In fact, I don't have any cards enrolled with them, currently, I pulled all of them.)

I still think they're a fine company, but I think this one will net more sales, and have all the same positives in terms of trustworthiness, age of company, AU verification, etc.  Keeping cards with them isn't a mistake at all; the new recommendation and the old one are the only two I would personally recommend.

Anyways... soon.  Yes.  Before January 1, hopefully definitely.  :)

In fact, everyone else just retired for the evening, so I'll go work on it now for a few hours before I go to bed.
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
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Fireball

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #789 on: December 26, 2016, 07:26:46 AM »
Just a data point for you Citi cardholders out there. Now up to  5 AUs on my Citi card and all is well. The only interesting thing is Customer Service made me verify 4-5 pieces of account information for each AU added once I got to 3 AUs. Security word, bank account number, text verification, transferred me to a "specialist", etc. Nothing major, but definitely more of a process once I got a few on there.

Your bank account number?

It's just another piece of account information they can verify. That card is setup to autodraft the full balance from my checking account each month.

TomTX

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #790 on: December 26, 2016, 09:17:33 AM »
The research is done, I have the recommendation, it's a matter of me sitting down and writing it all up.

With family visiting for the holidays, I haven't had a long chunk of time to sit down and work on that.  I estimate I probably have 5 hours or so left of writing my report.  (As I wrote at the beginning of the write up I've started, compressing 15+ hours of phone calls and many, many emails is difficult.) Then a lot of organizing, editing, making sure it reads well and makes sense as I fill in sentence fragments from my notes on the phone calls, copy/paste from emails, etc.

To more directly answer your question: I wouldn't enroll any cards with the old company.  (In fact, I don't have any cards enrolled with them, currently, I pulled all of them.)

I still think they're a fine company, but I think this one will net more sales, and have all the same positives in terms of trustworthiness, age of company, AU verification, etc.  Keeping cards with them isn't a mistake at all; the new recommendation and the old one are the only two I would personally recommend.

Anyways... soon.  Yes.  Before January 1, hopefully definitely.  :)

In fact, everyone else just retired for the evening, so I'll go work on it now for a few hours before I go to bed.

Thank you, looking forward to it. I had only enrolled 1 card at the old company, but it's been nice.
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arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #791 on: December 26, 2016, 10:39:44 AM »
I estimate I probably have 5 hours or so left

Okay, got to work after that last post and got the bulk of it done in roughly four hours (though looking at it, I don't know how it took so long).  Gotta go back through and edit, upload some pics, etc.  Sent two more emails out also (cause more stuff always pops up, even when you think you've asked every single thing you can).

It was actually surprisingly fun (both doing the research, and organizing/typing it up).  I don't know why I kept procrastinating this week.  Just seemed daunting.
 
Gonna be starting a new thread, so gotta clean up the inaccuracies from the first post (due to changes with the companies).

About 1:30am now, so I'm going to bed, but hopefully tomorrow?  (Assuming I get answers to my emails.)

Thanks for the kick in the pants, Tom.  My last phone conversation getting all the final details I wanted was a week ago, and holiday procrastination had to stop.  :)

(Those of you that PM'd me since the last post, be patient, I will reply, but not now, need sleep!  :) )
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #792 on: December 26, 2016, 12:48:54 PM »
Quote
Gonna be starting a new thread, so gotta clean up the inaccuracies from the first post (due to changes with the companies).

Are you going to link to the new thread here or mention when it is posted?

frozen

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #793 on: December 26, 2016, 02:46:36 PM »
Question about Barclays -- can I add the authorized users online?

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #794 on: December 26, 2016, 03:51:05 PM »
Question about Barclays -- can I add the authorized users online?

Yes, very easy to add and remove AUs online.
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Joel

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #795 on: December 26, 2016, 03:51:27 PM »
Posting to follow.

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #796 on: December 26, 2016, 04:41:53 PM »
Has anyone experienced credit card fraud since they started doing this?

Just got an email from Disco about possible fraud. After reading I see a transaction I definitely did not make so I called them, cancelled the card & they are sending a new one. Luckily I don't have any AUs and the stmt date isn't for a couple of weeks so I should be in good shape.

It seems the fraudister cloned my card and tried to use it at a big box store in a bad part of town I would never go to. Luckily the charge didn't go through.


arebelspy

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #797 on: December 26, 2016, 04:47:08 PM »
Quote
Gonna be starting a new thread, so gotta clean up the inaccuracies from the first post (due to changes with the companies).

Are you going to link to the new thread here or mention when it is posted?

Definitely.

Has anyone experienced credit card fraud since they started doing this?

Just got an email from Disco about possible fraud. After reading I see a transaction I definitely did not make so I called them, cancelled the card & they are sending a new one. Luckily I don't have any AUs and the stmt date isn't for a couple of weeks so I should be in good shape.

It seems the fraudister cloned my card and tried to use it at a big box store in a bad part of town I would never go to. Luckily the charge didn't go through.

Unrelated to this.

That happens, yes, to any CC (regardless of AU stuff). 

I've had it happen, but not since I've been doing AU stuff, but before it.

A few reasons why this shouldn't worry anyone thinking about selling trade lines:
1) If it was an AU, awesome, they couldn't get their spend through.  The fraud prevention protected you!

2) The tradeline companies (the old one, and new one) have NEVER experienced an authorized user getting ahold of a card and making charges on it.  In 4, and 10 years, respectively.  With thousands of AUs.  Literally not a single time, from either of them.  It does not happen.

Fraud does, sure, and the CC company protects you from it, and you aren't liable for it.  That's totally unrelated to tradeline sales.  Though if it happened so I had to shut down a card to have it reissued, I'd definitely ask them to two day it, so I could get it back soon to add more AUs.  ;)
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
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TomTX

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #798 on: December 27, 2016, 06:25:37 AM »
The research and writeup is greatly appreciated.

I've really been ready to fully jump in for awhile - I had only listed one card with the old company when they shut down new investors.
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TomTX

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Re: Selling Tradelines / Piggybacking: $600+/hr, 20-40k/yr. Side Gig
« Reply #799 on: December 27, 2016, 11:22:50 AM »
Yes, I've been compulsively reloading the thread ;)
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https://www.referyourchasecard.com/6/Z8JIP66H7G