Author Topic: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig  (Read 1364283 times)

secondcor521

  • Magnum Stache
  • ******
  • Posts: 3580
  • Age: 51
  • Location: Boise, Idaho
  • Big cattle, no hat.
    • Age of Eon - Overwatch player videos
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3600 on: September 17, 2019, 04:24:01 PM »
I tried to search the thread and can't seem to find the info although I know it's probably in there...

Does anyone know for Barclays what kind of error message you receive when you hit the max lifetime AUs allowed?

It looks like I have had 33 AUs, trying to add #34 and I am getting an error. I sent a message through the message center, they replied saying I have to call. I still have AUs on the card, but don't really want to call and draw attention to the fact I have had so many AUs.

Thanks!

I don't think it was mentioned explicity in this thread, but I do think the total number of AU's max lifetime was around that 33 number (34 or 35 is what I recall).  If you're getting a strange error and had that many AU's, I would personally just assume that's the problem and not bother calling.

Your card is probably dead for piggybacking at this point.  Personally I'd just let your last set of AU's finish out and then move on.

katsiki

  • Handlebar Stache
  • *****
  • Posts: 1779
  • Age: 40
  • Location: La.
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3601 on: September 17, 2019, 07:42:25 PM »
Agree with @secondcor521

I forget the error message but you are around the #, so that is likely it.

I can tell you that the rep(s) I spoke with when I hit the limit were great.  No issues but again I wouldn't bother calling.

You could wait a day and try again to be sure.  Also try a different browser.

DanTheYogi

  • 5 O'Clock Shadow
  • *
  • Posts: 22
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3602 on: September 18, 2019, 02:12:28 PM »
Hello Everyone

I first discovered this thread back in February 2018 (a few months after discovering MMM and the FI movement).  I had never opened a credit card before, and immediately realized between selling tradelines and all the cash back and travel rewards, I was missing out big time. So I immediately opened the Chase Freedom Unlimited and the Discover It cards.

Fast forward ~1.5 years to today. I didn't take advantage of credit card rewards as best as I could have - I didn't open another card til this past summer (Chase Sapphire Preferred - I just recently hit the $4000 mark for the 60,000 point bonus). However part of that was because I was leaving an old job at the time with nothing else lined up and being extremely conservative with my spending. I just got a new job, living in a new city, and can be more aggressive chasing rewards now (along with hopefully opening tradelines later on down the line as I have more cards open in the future).

So here's my situation:

Credit Score: According to credit Karma, between 750-755

Freedom Unlimited: 1.5 years, $11,600 limit
Discover It: 1.5 years, $11,000 limit (I literally never actually used this card until earlier today)
Sapphire Preferred: 3 months, $5,600 limit
Capital One Quicksilver: opened today, $8,000 limit

Income: $91,000 gross including bonuses

Primary financial goal: pay off student debt (approximately $77K at the moment)

Something I'm wondering: how on earth do people get such high credit limits? I saw the table on the first page - where cards with limits of over $50K get $300 per line or something like that. How do you even go about getting a limit that high? I just called Chase and Discover to try and increase my limits (the Discover call was funny - "Oh, you've never used your card... well we can check and see if we can raise your limit"). Discover wouldn't raise it; Chase raised my Freedom card by about $3K. Now that I'm done with the Preferred sign-on bonus, I could also transfer some of that limit to the Freedom card to get it over $15K. I'm curious, does my high student loan balance prevent me from significantly increasing my credit limits? I figured with my decent salary and credit score, I could get some bigger bumps than $3K, at least for Chase (not so surprised on the Discover card considering it had never been used).

Otherwise, I figure I can start using my Discover and Freedom Unlimited cards to sell tradelines. I know it wouldn't be much, but even an extra 200-300 every 2-3 months would get me that much closer to paying off my debt. Also, I opened the quicksilver as my new "everyday" cash back card so I wouldn't be worried about my Chase card getting closed in a worst case scenario. I also plan on opening more cards from here on out as I meet the sign-on bonuses (of course, this is all within the realms of my planned spending - I won't be buying things just to get CC bonuses).

Any "flaws" in my plan moving forward? Is there any reason for me to wait until I have higher limits/older accounts? Also, any thoughts/comments on cc limits are welcome. Otherwise, I'll be pm'ing arebelspy later for more info on tradeline companies.

secondcor521

  • Magnum Stache
  • ******
  • Posts: 3580
  • Age: 51
  • Location: Boise, Idaho
  • Big cattle, no hat.
    • Age of Eon - Overwatch player videos
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3603 on: September 18, 2019, 02:28:34 PM »
[...]

Something I'm wondering: how on earth do people get such high credit limits?

[...]

I'm curious, does my high student loan balance prevent me from significantly increasing my credit limits?

[...]

Any "flaws" in my plan moving forward? Is there any reason for me to wait until I have higher limits/older accounts? Also, any thoughts/comments on cc limits are welcome. Otherwise, I'll be pm'ing arebelspy later for more info on tradeline companies.

I have several high limit cards, so I'll give you my opinion.  Having a long, broad, and flawless credit history probably helps.  My credit history goes back to 1973.  I've had close to 80 credit cards over my lifetime so far.  I've had multiple mortgages, credit cards, and student loans.  All were paid on time, as agreed, every month, without fail.

Having a high income helps.  They want to see you have the means to pay them back.  It's hard (but not impossible) to get a CL above maybe 1/2 of your income.  Ask them how they define household income; maybe you can report a higher income than what you think.

Combining CLs can help.  If you get two $15K cards at the same CC company - Chase for example - you can often combine them into a single $30K card.

Getting a single high line at one CC company sometimes seems to enable you to get higher lines with other CC companies.

Consistently and regularly asking for higher limits can work, especially when using the card or if you have high expenses coming up that you want to put on the card.

Sometimes there are glitches in the matrix which allow you to get higher limits.  These are rare.

...

Your high student loans don't help.  Put yourself in the CC companies' shoes - do you want to risk giving a person with a big student loan a CC with a $60K limit?  Probably not.  The person might charge their entire student loan to their credit card, then default on the credit card.  They might get into deep CC debt and not be able to make their CC and SL payments, so they focus on the SL payments since that can't be discharged.  No thanks.

(Not saying you would, but CLs are all about risk management.  The risks are there.)

...

I don't see any flaws, but I didn't read that carefully.  You can always list your cards for sale with the AU companies and try it out.  As your cards get older and your limits grow you just let the AU companies know and they'll pay you the higher commissions.

Good luck.

Car Jack

  • Handlebar Stache
  • *****
  • Posts: 1810
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3604 on: September 19, 2019, 08:09:19 AM »
Short answer:  At 1.5 years old for a cc, nobody wants those cards.  2 years minimum.  A bit over a year ago, the old company did have a call for "new", "low limit" cards, which us churners jumped on.  I've got 4 cards in there.  They get tied up for only 2 months for $25 a sale, but I've sold out all 4 cards every month.  They no longer want these.

The tradeline companies change what they want based on what the demand is.  While there was that call for new, low limit cards, I think they're now in high years (I've heard 5) and high limits (I've heard $30k), but who knows.

They also sometimes are looking for things you'd never think of.  I contacted the new company to drop my cards down a notch in hopes to get some sales.  They said to change all 4 of my cards to have the same closing date.  I'm not sure why...something about being able to sell multiple cards as if it were a single higher limit one.  I did get some sales after that, but not many.

It's all YMMV in this game.  It can change daily.  Don't forget to send in estimated tax payments because when you do get sales, you can expect a nice 1099 at the end of the year.

topshot

  • Stubble
  • **
  • Posts: 153
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3605 on: September 22, 2019, 06:27:17 AM »
I personally wouldn't sell TL on Chase either. I'm not sure if it has been said that it results in a "blacklist" per se, but they will close ALL Chase CC accounts you have open at the time if they close one for TL. It's unknown (to me at least) if you can ever open another one with Chase.

secondcor521

  • Magnum Stache
  • ******
  • Posts: 3580
  • Age: 51
  • Location: Boise, Idaho
  • Big cattle, no hat.
    • Age of Eon - Overwatch player videos
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3606 on: September 22, 2019, 11:20:21 AM »
I personally wouldn't sell TL on Chase either. I'm not sure if it has been said that it results in a "blacklist" per se, but they will close ALL Chase CC accounts you have open at the time if they close one for TL. It's unknown (to me at least) if you can ever open another one with Chase.

This was explicitly mentioned in the first post of this thread.

ilsy

  • Stubble
  • **
  • Posts: 230
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3607 on: September 23, 2019, 01:06:58 AM »
Having a high income helps.  They want to see you have the means to pay them back.  It's hard (but not impossible) to get a CL above maybe 1/2 of your income.  Ask them how they define household income; maybe you can report a higher income than what you think.


Sometimes there are glitches in the matrix which allow you to get higher limits.  These are rare.


My overall CL is 5 times higher than my income, but somewhere on the forum I've read that someone had CL 8 times more than their income. So, I have ways to go. I report my actual income, haven't tried to impose I make more to get a higher CL. I just keep asking for an increase every 6 months every card I own. Some (BOA) do report to credit companies, so I only ask them once a year. I found out that some companies that notoriously refused to increase my credit limit, eventually gave up (after 3 years of trying) and increased, I guess their policies have changed (my income or debt hasn't changed so much, no.... actually my debt increased, income hasn't changed).

secondcor521

  • Magnum Stache
  • ******
  • Posts: 3580
  • Age: 51
  • Location: Boise, Idaho
  • Big cattle, no hat.
    • Age of Eon - Overwatch player videos
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3608 on: September 23, 2019, 09:29:01 AM »
Having a high income helps.  They want to see you have the means to pay them back.  It's hard (but not impossible) to get a CL above maybe 1/2 of your income.  Ask them how they define household income; maybe you can report a higher income than what you think.


Sometimes there are glitches in the matrix which allow you to get higher limits.  These are rare.


My overall CL is 5 times higher than my income, but somewhere on the forum I've read that someone had CL 8 times more than their income. So, I have ways to go. I report my actual income, haven't tried to impose I make more to get a higher CL. I just keep asking for an increase every 6 months every card I own. Some (BOA) do report to credit companies, so I only ask them once a year. I found out that some companies that notoriously refused to increase my credit limit, eventually gave up (after 3 years of trying) and increased, I guess their policies have changed (my income or debt hasn't changed so much, no.... actually my debt increased, income hasn't changed).

In the portion of my comment that you bolded, I was referring to individual CLs, not overall CLs.

My overall CL is about 9x my reported income.  My largest CL is 1.2x my reported income, but my reported income has dropped since I FIREd.

arebelspy

  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 28380
  • Age: -999
  • Location: Seattle, WA
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3609 on: September 24, 2019, 11:24:53 AM »
There shouldn't be a risk of shutdown for adding a personal friend as an AU.

Go on Discover.com, go to add authorized user in the card options, and you'll see the info you need (address, dob, etc.)
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at AdventuringAlong.com. Check out the Now page to see what I'm up to currently.

arebelspy

  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 28380
  • Age: -999
  • Location: Seattle, WA
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3610 on: September 24, 2019, 12:06:03 PM »
- After your next statement close. You may need a balance for it to report.
- Nothing.
- Yours might show up on hers.
- No.

Feel free to PM me if you have other questions, to not clutter the thread. :)

Cheers!
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at AdventuringAlong.com. Check out the Now page to see what I'm up to currently.

FrugalZony

  • Handlebar Stache
  • *****
  • Posts: 1534
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3611 on: September 24, 2019, 12:21:31 PM »
I have received my first two adds to my Barclay this year (last adds were at the end of 2018).
I added them online and then as previously called to add the SSN (I was planning on making two calls, one for each, to add their SSN).

When I called in the SSN the rep asked me a bunch more questions as previously.
They also said, because the person is already on the account, they cannot add the SSN now.
I would have to call in the entire info and at that point, they'll add that SSN, but now as the person is on the account,
they only way to add an SSN is to request it by regular mail or fax.

That is new?
ANyone have this happen before?

I know @arebelspy never adds the SSN, but I have tried that in the past and in the two instances I tried, both did not report.
So I don't want to "waste" my Barclay spots, as those are limited.

Any insight?

secondcor521

  • Magnum Stache
  • ******
  • Posts: 3580
  • Age: 51
  • Location: Boise, Idaho
  • Big cattle, no hat.
    • Age of Eon - Overwatch player videos
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3612 on: September 24, 2019, 12:28:40 PM »
@FrugalZony, the "How to add an AU" document from Old Company says to add Barclays online and you only need to provide name, DOB, and address (so, not the SSN).  My MO is to add the way the AU company says to add; I've only ever had one not report, and that was a very last-minute USBank one and the AU company said that wasn't my fault.  So my suggestion is to add it the way the AU company recommends adding, and make sure you have a balance owing, and beyond that it just doesn't work sometimes (rarely).

...

Coincidentally, I have a Barclays question.

My Barclays is on a fraud hold, I think because I had 3 AU's on at once.  Those 3 AU's are due to come off now, so I'm going to call in to ask them to remove the three AU's and take my card off fraud hold.

(If your Barclays card is on fraud hold, you can't make charges and you can't log in online.  It's basically locked down, although the card and line are still considered open, not closed.)

They did this to me before, and the fraud specialist I spoke with was very mean to me and was asking very accusatory sounding questions - so much so I hung up on him.  Later I called and spoke with someone else and they were able to do what I asked with no problem.

So I'm wondering what is typical.  If you've had experiences calling Barclays in these types of scenarios, I would appreciate data points.  I did ask the AU company and they gave me names and birthdates and addresses for the current 3 AUs I have on there, but not for the ones before that (this Barclays card seems to be a good seller, not sure why).

arebelspy

  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 28380
  • Age: -999
  • Location: Seattle, WA
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3613 on: September 24, 2019, 05:24:33 PM »
Unfortunately I've never had to call Barclays about AUs, I've always done adds and removes online, never had any issues, and they've always posted.

Sorry I couldn't be more helpful!
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at AdventuringAlong.com. Check out the Now page to see what I'm up to currently.

Car Jack

  • Handlebar Stache
  • *****
  • Posts: 1810
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3614 on: September 26, 2019, 11:45:06 AM »
Quote from: secondcor5
My Barclays is on a fraud hold, I think because I had 3 AU's on at once.  Those 3 AU's are due to come off now, so I'm going to call in to ask them to remove the three AU's and take my card off fraud hold.

I expect there's something else.  My Barclays card is one of the low limit ones the old company took on a year ago and I get 2 AUs added every 2 months.  I always leave the old AUs in place for at least a couple days past the "remove" date because I don't want to remove anything too early.  During that time, I always have 4 AUs on it.  I've never had an issue with Barclays.
« Last Edit: October 21, 2019, 07:51:00 AM by Car Jack »

MoneyTree

  • Stubble
  • **
  • Posts: 159
  • Location: SF Bay Area
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3615 on: September 26, 2019, 10:17:17 PM »
has anyone here had experience with Citi cards and whether or not you have to call in the SSN?

It was not required in order to add the AU (actually there was no way to add it online, in fact), but the instructions from the tradeline company say to make sure to add the SSN.

The Citi chat rep says I'd have to call the fraud department to add the SSN, and that seems like it would arouse suspicion.

BikeFanatic

  • Pencil Stache
  • ****
  • Posts: 633
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3616 on: September 27, 2019, 03:51:28 AM »
You could try secure message. Log in to Citibank website and there is a secure message link. I do this with another card not Citibank. 

Dirigo

  • 5 O'Clock Shadow
  • *
  • Posts: 22
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3617 on: September 27, 2019, 05:51:37 AM »
has anyone here had experience with Citi cards and whether or not you have to call in the SSN?

It was not required in order to add the AU (actually there was no way to add it online, in fact), but the instructions from the tradeline company say to make sure to add the SSN.

The Citi chat rep says I'd have to call the fraud department to add the SSN, and that seems like it would arouse suspicion.

Yes, you have to call Citi in order to add the SSN. If you don't, the AU won't post properly and you won't get credit/paid for it. I did this a couple times when just starting out and just chalked it up to a learning experience.

Spitfire

  • Bristles
  • ***
  • Posts: 299
  • Location: Weston, FL
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3618 on: September 28, 2019, 05:38:19 AM »
Citi does require a call in and they connected me to the fraud department many times for adding the SSN and sending the card out with no problems.

That same card did just cancel my account though (after a couple years of doing tradelines).

"Your account has been closed because you recently added and/or deleted an excessive number of authorized users on one or more of your Citi accounts."

Oh well, good while it lasted and not an account I particularly needed (though it was pretty old). I didn't read through the whole thread, but has anyone ever called in and fought the closure with success?

shingy

  • 5 O'Clock Shadow
  • *
  • Posts: 54
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3619 on: September 28, 2019, 08:56:04 AM »
Citi does require a call in and they connected me to the fraud department many times for adding the SSN and sending the card out with no problems.

That same card did just cancel my account though (after a couple years of doing tradelines).

"Your account has been closed because you recently added and/or deleted an excessive number of authorized users on one or more of your Citi accounts."

Oh well, good while it lasted and not an account I particularly needed (though it was pretty old). I didn't read through the whole thread, but has anyone ever called in and fought the closure with success?

Sorry to hear about the closure. Out of curiousity, how many AUs did you add and over what period of time?

MasterStache

  • Magnum Stache
  • ******
  • Posts: 2709
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3620 on: September 28, 2019, 10:13:44 AM »
has anyone here had experience with Citi cards and whether or not you have to call in the SSN?

It was not required in order to add the AU (actually there was no way to add it online, in fact), but the instructions from the tradeline company say to make sure to add the SSN.

The Citi chat rep says I'd have to call the fraud department to add the SSN, and that seems like it would arouse suspicion.

I haven't had any Citi AU adds in a few months but I typically add as much info as possible online, then call Citi and let them know I need to add the Social for the AU. It was pretty seamless. Citi is the only card I have had trouble with AUs posting even following everything to a T.

Spitfire

  • Bristles
  • ***
  • Posts: 299
  • Location: Weston, FL
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3621 on: September 30, 2019, 08:25:31 AM »
Sorry to hear about the closure. Out of curiousity, how many AUs did you add and over what period of time?

I always had 2 or less except for a couple times when I carried 3. One thing I can think of that might have flagged me is that I added someone, and then the company emailed me to say that the person cancelled their order and I needed to take them off. I still got paid, but I added and deleted someone within a couple days. That was the last person I added before the closure.

SilverAg47

  • 5 O'Clock Shadow
  • *
  • Posts: 44
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3622 on: October 19, 2019, 09:18:52 AM »
If I do a product change from Capital One Savor ($95 AF) to the SavorOne ($0 AF) card, would that change cause a reset in the length of credit for that particular card?  Does the answer depend on if a new card number is issued or not?

secondcor521

  • Magnum Stache
  • ******
  • Posts: 3580
  • Age: 51
  • Location: Boise, Idaho
  • Big cattle, no hat.
    • Age of Eon - Overwatch player videos
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3623 on: October 19, 2019, 09:37:46 AM »
If I do a product change from Capital One Savor ($95 AF) to the SavorOne ($0 AF) card, would that change cause a reset in the length of credit for that particular card?  Does the answer depend on if a new card number is issued or not?

No and no.

ducky19

  • Pencil Stache
  • ****
  • Posts: 645
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3624 on: October 22, 2019, 01:56:13 PM »
Sorry to hear about the closure. Out of curiousity, how many AUs did you add and over what period of time?

I always had 2 or less except for a couple times when I carried 3. One thing I can think of that might have flagged me is that I added someone, and then the company emailed me to say that the person cancelled their order and I needed to take them off. I still got paid, but I added and deleted someone within a couple days. That was the last person I added before the closure.

I had that happen to me where the user canceled their order, I just left them on until I got another order. That said, I'm about to put my Citi cards on full rest - it has really become such a pain to add a user with them! I get transferred to the fraud department probably 75% of the time. This last time I spent 10 minutes on hold before they tried another department who basically just said, "yup, they're on there, have a good day". I'm really trying to expand my Barclay position as they are super easy to add/remove and have never once given me any crap about a user. Plus you can have more users than with other cards.

Car Jack

  • Handlebar Stache
  • *****
  • Posts: 1810
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3625 on: October 23, 2019, 12:49:18 PM »
I haven't asked for a credit line increase anywhere for probably 3 years....and even then, it was on exactly one card.  Asked on 3 and got them.  +$4k-$5k on each.  2 of them were my most used cards, so show up at the top of my credit karma listing by usage.  The other was in my tradeline regular usage, so looking to potentially jump up a class.  Asked in a 4th this morning, for another tradeline used card.

robartsd

  • Magnum Stache
  • ******
  • Posts: 3273
  • Location: Sacramento, CA
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3626 on: October 24, 2019, 02:29:00 PM »
I haven't asked for a credit line increase anywhere for probably 3 years....and even then, it was on exactly one card.  Asked on 3 and got them.  +$4k-$5k on each.  2 of them were my most used cards, so show up at the top of my credit karma listing by usage.  The other was in my tradeline regular usage, so looking to potentially jump up a class.  Asked in a 4th this morning, for another tradeline used card.
Asking for a soft pull increase never hurts. As long as you're asking for increases from one issuer, you might as well ask for an increase from every issuer. If you have multiple cards with the same issuer, you might want to select only one of the cards to ask for an increase on.

arebelspy

  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 28380
  • Age: -999
  • Location: Seattle, WA
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3627 on: November 02, 2019, 10:55:13 AM »
Old company is doing the "we'll take low aged/low limit" cards again. They did it once in Spring of 2018(?) and are doing it again, this month (November) only, so hop on it if you have low limit tradelines you'd like to sell.

Here are the details:
- 2 Month Cycle Commission
- Tradelines 6 months - 2 years in age only.
- Payout:
    Limit $1,000 - $20,000 and 6 months - 2 years old - $25 per spot
    Limit $20,001 - $40,000 and 6 months - 2 years old - $50 per spot
    Limit $40,001 -  or more 6+ months - $75 per spot

PM me if you need the referral info for old company. :)
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at AdventuringAlong.com. Check out the Now page to see what I'm up to currently.

DavidAnnArbor

  • Handlebar Stache
  • *****
  • Posts: 2279
  • Age: 55
  • Location: Ann Arbor, Michigan
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3628 on: November 03, 2019, 05:05:37 PM »
Too bad my new PNC credit card is only 4 months young.

Catica

  • Bristles
  • ***
  • Posts: 492
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3629 on: November 04, 2019, 03:15:14 AM »
Does anyone know if paying off balances on credit cards before calling for credit line increase helps in getting it? I mean paying off balances on other cards, not the one you are asking for increase on.
« Last Edit: November 04, 2019, 03:47:10 AM by Catica »

BikeFanatic

  • Pencil Stache
  • ****
  • Posts: 633
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3630 on: November 04, 2019, 06:30:55 AM »
Quote
Does anyone know if paying off balances on credit cards before calling for credit line increase helps in getting it? I mean paying off balances on other cards, not the one you are asking for increase on.

I would like to know this as well. I got a $1000 raise on my TD bank card WTF, I need to increase some of my credit limits and wonder what the factors are. I do use my wifes income to inflate my income, so that is not the issue. Funny thing with TD I even have a TD bank checking with ten K in there, I direct deposit half my paycheck as well. Maybe just have to use the card more. Or maybe I just have too many cards open.

secondcor521

  • Magnum Stache
  • ******
  • Posts: 3580
  • Age: 51
  • Location: Boise, Idaho
  • Big cattle, no hat.
    • Age of Eon - Overwatch player videos
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3631 on: November 04, 2019, 09:19:52 AM »
Does anyone know if paying off balances on credit cards before calling for credit line increase helps in getting it? I mean paying off balances on other cards, not the one you are asking for increase on.

I don't think that matters much.

The following things do tend to matter, in my experience:

1.  Regular usage on the card in question to a significant degree.  If you have a $5K limit and charge $3K a month and pay it off like clockwork, then it can make sense to them to give you an increase to $10K.  If you have a $5K limit and charge $5 for coffee once a month, they won't understand why you think you need $10K.

2.  Income.  Generally, they'll give you some percentage of your household income in credit limit.  If you're making $100K, they're more likely to give you a $20K limit than if you're making $20K.

3.  Overall credit exposure from that issuer.  If you're making $100K and have $50K credit exposure from Chase, they're unlikely to increase any of your cards, even if you have a $2K card with them that you want to increase.  What most issuers (except BofA) will do is shift the $50K around any way you like among your cards.  So you could increase the $2K card to $10K by reducing another card at the same issuer by $8K.  Shifting between business and personal lines is sometimes problematic.

4.  Overall credit history and score.  You're more likely to get increases if you have a long and stellar credit history.  Length probably matters a bit more than quality in this domain.

5.  Some people think having large lines at another credit card company helps.  If you have a $30K line with Chase, then Citi will be more likely to give you a $30K line than if you only had three $10K lines with Chase.

Related to items 3 and 5 in the list above, a viable strategy over time can be to regularly ask for increases on all your cards, then combine them over time into larger limit cards, then request matching from company to company.

Spitfire

  • Bristles
  • ***
  • Posts: 299
  • Location: Weston, FL
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3632 on: November 04, 2019, 09:51:32 AM »

I had that happen to me where the user canceled their order, I just left them on until I got another order. That said, I'm about to put my Citi cards on full rest - it has really become such a pain to add a user with them! I get transferred to the fraud department probably 75% of the time. This last time I spent 10 minutes on hold before they tried another department who basically just said, "yup, they're on there, have a good day". I'm really trying to expand my Barclay position as they are super easy to add/remove and have never once given me any crap about a user. Plus you can have more users than with other cards.

Leaving them on was likely a smart move and I will do the same next time. I'm fairly convinced that the quick add/remove is what flagged me. I just enrolled a Barclay card myself and hope it is easier than Citi. I was also transferred to the fraud department on most adds, which was annoying. 
« Last Edit: November 04, 2019, 11:41:48 AM by Spitfire »

BikeFanatic

  • Pencil Stache
  • ****
  • Posts: 633
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3633 on: November 04, 2019, 10:33:12 AM »
Thanks Seconcardor.

Michael in ABQ

  • Handlebar Stache
  • *****
  • Posts: 1317
    • Military Saints
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3634 on: November 04, 2019, 04:38:18 PM »
I contacted the new company to enroll a 1-year old card but was told they want at least two cards if they're only a year old. For just a single card it would need to be 2+ years old. Very quick response to my emails, so that was nice.

I just requested increases from $15k to $20k on a couple of cards I was planning on using. Assuming I get an increase on either one, I'll enroll that with the old company to take advantage of the special offer for cards between 6-24 months old.

arebelspy

  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 28380
  • Age: -999
  • Location: Seattle, WA
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3635 on: November 04, 2019, 04:50:59 PM »
I contacted the new company to enroll a 1-year old card but was told they want at least two cards if they're only a year old. For just a single card it would need to be 2+ years old. Very quick response to my emails, so that was nice.

Really good to know, thanks for reporting here Michael! :)

-Joe
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at AdventuringAlong.com. Check out the Now page to see what I'm up to currently.

Catica

  • Bristles
  • ***
  • Posts: 492
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3636 on: November 05, 2019, 05:58:27 AM »
Do you guys open new cards and sit on them to mature in order use them for tradelines in the future?

BikeFanatic

  • Pencil Stache
  • ****
  • Posts: 633
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3637 on: November 05, 2019, 06:06:12 AM »
Yes, I do open cards with future tradelines in mind.

frugalnacho

  • Magnum Stache
  • ******
  • Posts: 4646
  • Age: 38
  • Location: Madison Heights, Michigan
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3638 on: November 05, 2019, 07:02:33 AM »
What cards does everyone recommend to get and sit on for future tradelines?  I'm sick of the churning game and not looking to get the sweetest sign up bonuses, or deal with cards with annual fees.  I just want a fee free card with a small to modest sign up bonus that I can get and hold onto for future use.  Or maybe 2, or as many as they will let me get so I have a good arsenal in a couple of years. 

I currently have a Citi doublecash, barclaycard cashforward, discover it, and Bank of America Cash Rewards World Mastercard Card.  The rest of my cards are chase or amex which they won't accept. 

Car Jack

  • Handlebar Stache
  • *****
  • Posts: 1810
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3639 on: November 05, 2019, 09:00:29 AM »
I like Barclays and Cap one, Discover best.  Why?  All online to add/drop tradelines.  I mostly do churning and then whatever card becomes usable for tradelines gets used for tradelines.  This latest go round with the old company had me submit 3 cards.  I already have 3 in their $25 program and they get filled with 2 AUs each every 2 months.

chuckster

  • 5 O'Clock Shadow
  • *
  • Posts: 95
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3640 on: November 05, 2019, 03:15:18 PM »
What cards does everyone recommend to get and sit on for future tradelines?  I'm sick of the churning game and not looking to get the sweetest sign up bonuses, or deal with cards with annual fees.  I just want a fee free card with a small to modest sign up bonus that I can get and hold onto for future use.  Or maybe 2, or as many as they will let me get so I have a good arsenal in a couple of years. 


I would do exactly that: see what fee-free cards are offering sign up bonuses, and get one from a bank besides Chase or Amex that the New or Old Company are looking to sell. I check with doctorofcredit and see what's new. With the holidays coming up and some larger purchases on my horizon I don't think I'll have a problem making minimum spend. I like sign-up bonuses as my first criteria, and then ease of adding/removing AUs through the website as my second (IMO Barclay is best for that). But I'd go with any kind of decent sign up bonus over any other consideration to what bank it's through, as long as it's a bank that the tradeline companies sell.


It's kinda like a much slower version of churning.

Catica

  • Bristles
  • ***
  • Posts: 492
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3641 on: November 06, 2019, 02:40:27 AM »
Can business credit cards be used for tradelines?

topshot

  • Stubble
  • **
  • Posts: 153
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3642 on: November 06, 2019, 05:42:35 AM »
Can business credit cards be used for tradelines?
No, they don't report to the credit bureaus.

Car Jack

  • Handlebar Stache
  • *****
  • Posts: 1810
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3643 on: November 06, 2019, 11:39:38 AM »
Holy Cow, the new website for the old company just hit me in the face.  Ok...figured it out and all's good.  Couple new cards on the list from this new offer. 

Catica

  • Bristles
  • ***
  • Posts: 492
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3644 on: November 07, 2019, 06:11:01 AM »
From reading the posts it seems that it's rare to get adds to the cards with the new company.  How often do you guys get adds?  I see that some people don't get any for a year or so?  I'm wondering if it's easier with the old company.

BikeFanatic

  • Pencil Stache
  • ****
  • Posts: 633
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3645 on: November 07, 2019, 07:47:18 AM »
I have a question for the experienced tradeliners, do you get away with adding online without calling in? Or do you add online then call or secure message the social?

I currently call in every AU. I used to add online discover and          Capitol one but Discover asked me for paperwork for one user ( it was posted in time  but what a pain for them) and Cap one restricrted my card for months until I faxed them my social security card and my drivers license for proof of who I was). NOW able to use again for tradelines and I heard I can use the mobile app to add and delete them.

What is your experience adding AU online?

secondcor521

  • Magnum Stache
  • ******
  • Posts: 3580
  • Age: 51
  • Location: Boise, Idaho
  • Big cattle, no hat.
    • Age of Eon - Overwatch player videos
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3646 on: November 07, 2019, 09:23:08 AM »
From reading the posts it seems that it's rare to get adds to the cards with the new company.  How often do you guys get adds?  I see that some people don't get any for a year or so?  I'm wondering if it's easier with the old company.

It entirely depends on the relative quality of your cards and the balance between supply and demand.  I don't think it's particularly easier or harder with either the new or old company.  I have used both companies and have not noticed a difference in sales.

I suspect that lots of people have cards with a $10K-$20K credit line and 2-5 years old, so if your cards are in that range, I would imagine that you are competing with a lot of other sellers.

I have a question for the experienced tradeliners, do you get away with adding online without calling in? Or do you add online then call or secure message the social?

I currently call in every AU. I used to add online discover and Capitol one but Discover asked me for paperwork for one user ( it was posted in time  but what a pain for them) and Cap one restricrted my card for months until I faxed them my social security card and my drivers license for proof of who I was). NOW able to use again for tradelines and I heard I can use the mobile app to add and delete them.

What is your experience adding AU online?

I do exactly what the company recommends.  If they say to add online, then I add online.  If they say to add over the phone, then I add over the phone.  The companies have observed thousands of additions and removals of AUs, so I trust that they know best what patterns work and what patterns are problematic.

I think your rough experiences are a result of the issuers or random bad luck and not your method of adding.

I prefer online adds and removals, because it's faster, easier, and less prone to typographical errors or miscommunication.  But again, if the company tells me to phone in, that's what I do.

In a larger sense, with very few exceptions, I read and follow the companies' instructions and have had very few issues.

Car Jack

  • Handlebar Stache
  • *****
  • Posts: 1810
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3647 on: November 07, 2019, 11:16:38 AM »
If I can add online, I do that.  If the online form only allows adding address and no SS#, fine, that's what I do.  If it only allows adding only SS# and no address, fine.  I have some of each and they all post.

I have 4 cards with the new company and by their request, I even coordinated the closing date so they're all the same.  I think I've made maybe 4 AU sales for the entire year.

Old company, I had 4 cards (now 6) and have had probably 25 AU sales for the entire year.

If a card company asks me for documentation, I'm not going to even respond.  If they give me crap, I'll close the card.  All my tradeline cards are sock drawer cards that I opened for the sign on bonus and any of them can be burned at any time and I won't care.

cooking

  • Stubble
  • **
  • Posts: 129
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3648 on: November 10, 2019, 05:49:34 PM »
I just got a few sales for the first time, all through the "new company".  All AU's added by phone.  First 2 were for Barclays, added w/o a problem.  Just b/c I'm a little paranoid, when I supplied the AU's addresses, I made sure to tell the CSR that I didn't want the cards sent to the AU addresses, but instead to me.  She assured me they never send them to the AU (maybe she remarked that they only do so if the card owner requests it specifically, I can't remember).  Point is, they don't automatically send them to the AU.  They did request addresses for each of the 2 AU's however, which I supplied.  So far, so good.

When I got notified of an add for an AU through Discover a few days ago, I tried to add it online.  It kept rejecting the add by saying the AU had an invalid address.  When I went to the boilerplate stuff from the "new company's" email, I saw buried in there a line saying that Discover has a glitch in their online add system, so if the AU is rejected online for reason of an invalid address, you need to call it in.  So I called it in.  At the time, I assumed that the AU's address would be needed in order for it to report to the correct person.  When the CSR asked me for my address, I said "do you mean the AU address?"  She said, "well wherever you want the card to go" (or something to that effect).  I was a little taken aback by that, because I guess my takeaway from this thread was that it wasn't SOP for the CC companies to mail the cards to anyone but the cardholder.  Just to be sure, I said to the CSR "You mean if I give you the AU address, you send the CC to them" and she said "Yes, that's where we'd send it". Remember here, my original assumption was that I needed to supply the AU address for correct reporting.  The CSR never asked me for the AU address after I gave her my address, though. Still and all, the online Discover add form did have a requirement for the AU address, which is what ended up sending me to the phone to do the add in the first place.  It all felt a little like a brush with something risky.

Has anyone had a similar experience adding an AU on Discover?  Am I the only one who inadvertently came thisclose to having the CC sent to the AU? 

Car Jack

  • Handlebar Stache
  • *****
  • Posts: 1810
Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3649 on: November 10, 2019, 05:57:34 PM »
Barclays has a box to check to "send a card".  I uncheck it and then add the AU's address.  That way, no worry.