Author Topic: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig  (Read 1293682 times)

BikeFanatic

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3650 on: November 10, 2019, 07:31:20 PM »
 Thank you carjack and secondcor  appreciate the response

In my experience they always send the card to your address not the AU. Sometimes I have been instructed , to  use my address  for the AU, they always seem to post with name and social.
« Last Edit: November 12, 2019, 09:20:44 PM by BikeFanatic »

Catica

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3651 on: November 11, 2019, 05:12:19 AM »
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?
How long have you been with them before you got sales?

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3652 on: November 11, 2019, 06:26:12 AM »
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?

This has come up several times in this thread already.  I don't remember if it was specifically discover, but I was under the impression that none of the major issuers will ever send the card to the AU's address, and their system is not even able to send it to that address, only to the main address on files (your's).  You will get a different story from the reps, but that is due to them not fully understanding the process and not being fully trained.

I never use the AU's address.  When they get to the address section I just tell them to use the same as mine.

cooking

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3653 on: November 12, 2019, 06:42:50 PM »
[
How long have you been with them before you got sales?
[/quote]

I signed up in July, just got my first sales a few weeks ago (low value $25).

Catica

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3654 on: November 12, 2019, 08:19:26 PM »
[
How long have you been with them before you got sales?

I signed up in July, just got my first sales a few weeks ago (low value $25).
[/quote]
that took a while.

Cornel_Westside

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3655 on: November 17, 2019, 02:45:03 PM »
Hey guys, I have tried to read some of the old pages, but it may be faster to ask you guys.

Would you guys recommend the old or the new company for consistency of tradelines? If there is a glut for either of them?

I have 3 cards, all 3-4 years old. One (Discover) 19k limit, two (Chase) 22k limit. Any considerations I should make?

arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3656 on: November 17, 2019, 06:56:00 PM »
Hey guys, I have tried to read some of the old pages, but it may be faster to ask you guys.

Would you guys recommend the old or the new company for consistency of tradelines? If there is a glut for either of them?

I have 3 cards, all 3-4 years old. One (Discover) 19k limit, two (Chase) 22k limit. Any considerations I should make?
I'm out of town this weekend traveling without a laptop, but I'll PM you a breakdown early this week.

Anyone else can feel free to PM me and I'll get back to you soon! :)
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3657 on: November 18, 2019, 01:55:44 PM »
Every time I see this thread, I get a little made at Dave Ramsey (and myself). I drank the kool-aid several years ago and cancelled the two credit cards I had, both of which would be over 10 years old by now. Instead, I only have 1 non-Chase card, and it's less than a year old.

hgjjgkj

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3658 on: November 18, 2019, 03:01:15 PM »
Hey guys, I have tried to read some of the old pages, but it may be faster to ask you guys.

Would you guys recommend the old or the new company for consistency of tradelines? If there is a glut for either of them?

I have 3 cards, all 3-4 years old. One (Discover) 19k limit, two (Chase) 22k limit. Any considerations I should make?

I would not do chase unless you are prepared to have all your cards closed. Chase policies much more stringently than other banks

Cornel_Westside

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3659 on: November 18, 2019, 05:43:01 PM »
I am prepared to lose those cards. They both are pretty replaceable. I'm surprised you feel that - is it not a matter of simply limiting the AU adds to a certain frequency or number?

secondcor521

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3660 on: November 18, 2019, 06:00:13 PM »
I am prepared to lose those cards. They both are pretty replaceable. I'm surprised you feel that - is it not a matter of simply limiting the AU adds to a certain frequency or number?

Limiting AUs certainly helps, but there are no guarantees.  The CC issuers can change their minds about what they will allow and won't allow.  There are very likely general terms in their CC agreement with you that they can shut your account(s) down if for any reason they think you're abusing the account, and you don't really have much recourse.  If you sign up with any of the trade line companies, they'll probably make you sign something saying you understand and accept the risk.

chuckster

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3661 on: November 19, 2019, 01:26:33 PM »
I am prepared to lose those cards. They both are pretty replaceable. I'm surprised you feel that - is it not a matter of simply limiting the AU adds to a certain frequency or number?

The problem with Chase is that if they decide to shut you down, the belief is they'll close all your accounts: all your credit cards, plus, any checking or savings accounts, and bar you from ever opening one again afterward.

Not everyone is willing to permanently burn a major national bank for the rest of their lives, not knowing what the future may hold. Chase fronts a lot of credit cards that they may want to open in the future, or may be the biggest bank in their hometown, or they may have or expect to have a financial relationship with them someday.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3662 on: November 20, 2019, 12:35:29 AM »
I am prepared to lose those cards. They both are pretty replaceable. I'm surprised you feel that - is it not a matter of simply limiting the AU adds to a certain frequency or number?

I'd say go full out on Discover if you are going to use it.  As previously related, I only had two AU adds and they closed my account.  I wouldn't mind a closure if I got significant revenue from it (the rotating 5% categories were worth at least a few hundred per year to me).  Others haven't had closures, but I think it's just a matter of luck/time (maybe they noticed the same people as AUs on other cards or something else triggered their algorithm but it wasn't volume for sure).  So bottom line, a single problematic AU can probably lead to closure with Discover.

solon

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3663 on: November 20, 2019, 09:59:04 AM »
I am prepared to lose those cards. They both are pretty replaceable. I'm surprised you feel that - is it not a matter of simply limiting the AU adds to a certain frequency or number?

The problem with Chase is that if they decide to shut you down, the belief is they'll close all your accounts: all your credit cards, plus, any checking or savings accounts, and bar you from ever opening one again afterward.

Not everyone is willing to permanently burn a major national bank for the rest of their lives, not knowing what the future may hold. Chase fronts a lot of credit cards that they may want to open in the future, or may be the biggest bank in their hometown, or they may have or expect to have a financial relationship with them someday.

Are we sure it's a lifetime ban from Chase? Has anyone ever had their Chase accounts closed, but then got a Chase card again in a few years? It seems like a lifetime ban wouldn't be in Chase's best interest either.

BikeFanatic

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3664 on: November 20, 2019, 10:25:24 AM »
I have 2 full years of AU on discover, has to be 18-20- or more users. I did have an audit once and  they restricted the account briefly during that time. But they lifted the restriction after i went over the users with them. That was a year or more ago. I hate to loose discover but at least I got a great reimbursement so far. I do limit it to two users per card. Bank of America shut me down, both cards. I had placed more users on them like 3-4 on each card. Those cards were a year or more old not more than 2 years I would say. That was back in 12/2017-1/2018 around then.

Just a data point

arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3665 on: November 20, 2019, 12:21:18 PM »
Ditto. I've sold many lines on Discover in the last three years with no issues.

While there's a risk a card gets shut down at any time, I would still follow best practices to hope it lasts as long as possible.

I'd say go full out on Discover if you are going to use it.

So this seems like bad advice, to me. Valid based on the sample size of 1 for DC, but when you look at all the users selling lines on Discover (or any issuer, for that matter), versus the few that have been shut down, it seems worth it to limit the AUs, keep your head down, and cross your fingers. Tends to work out more often than not.

(Also if we all keep pretending this is a real thing, maybe we can get DC to try again and lose more cards! Good work, team.)
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Padonak

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3666 on: November 23, 2019, 07:25:22 PM »
A question about barclaycard. In these two scenarios, what happens to existing tradelines that haven't yet posted? Do they still stay on the account and get reported to the bureaus?

1) Card is reported as lost
2) You product change this card to another card.

secondcor521

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3667 on: November 23, 2019, 07:55:50 PM »
A question about barclaycard. In these two scenarios, what happens to existing tradelines that haven't yet posted? Do they still stay on the account and get reported to the bureaus?

1) Card is reported as lost
2) You product change this card to another card.

I'm not specifically sure about Barclays in those scenarios.  But, in the case of a lost card, I'm pretty sure that replacement cards for you and the AU would be sent to your address.  I think I hit that scenario once.

In the case of a product change, normally the line stays reporting to the credit bureaus with the same card history and card age.  However, I would be a little concerned that a product change could reset the card age, so I probably wouldn't do it with a piggybacking card even if it's probably OK.  If you did product change, I would expect new cards for you and the AU to be sent to your address.  If the card age does reset, then you run the risk of hurting, not helping, the AU's credit score by lowering their average age, which is bad for everyone.

In both cases, the AU would still stay on the account and the account should still be reported to the bureaus.

Padonak

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3668 on: November 24, 2019, 01:15:12 AM »
A question about barclaycard. In these two scenarios, what happens to existing tradelines that haven't yet posted? Do they still stay on the account and get reported to the bureaus?

1) Card is reported as lost
2) You product change this card to another card.

I'm not specifically sure about Barclays in those scenarios.  But, in the case of a lost card, I'm pretty sure that replacement cards for you and the AU would be sent to your address.  I think I hit that scenario once.

In the case of a product change, normally the line stays reporting to the credit bureaus with the same card history and card age.  However, I would be a little concerned that a product change could reset the card age, so I probably wouldn't do it with a piggybacking card even if it's probably OK.  If you did product change, I would expect new cards for you and the AU to be sent to your address.  If the card age does reset, then you run the risk of hurting, not helping, the AU's credit score by lowering their average age, which is bad for everyone.

In both cases, the AU would still stay on the account and the account should still be reported to the bureaus.

Thank you Secondcor, the reason I'm asking I think I have hit a tradeline limit on my Barclaycard so I can't add any more tradelines to it. I'd like to try changing the product and see if it resets the tradeline limit which I think is about 35 AUs. As far as I know, reporting the card lost won't change the tradeline limit but a product change might. If anybody has any recent experience with product change please let me know.

secondcor521

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3669 on: November 24, 2019, 10:38:58 AM »
A question about barclaycard. In these two scenarios, what happens to existing tradelines that haven't yet posted? Do they still stay on the account and get reported to the bureaus?

1) Card is reported as lost
2) You product change this card to another card.

I'm not specifically sure about Barclays in those scenarios.  But, in the case of a lost card, I'm pretty sure that replacement cards for you and the AU would be sent to your address.  I think I hit that scenario once.

In the case of a product change, normally the line stays reporting to the credit bureaus with the same card history and card age.  However, I would be a little concerned that a product change could reset the card age, so I probably wouldn't do it with a piggybacking card even if it's probably OK.  If you did product change, I would expect new cards for you and the AU to be sent to your address.  If the card age does reset, then you run the risk of hurting, not helping, the AU's credit score by lowering their average age, which is bad for everyone.

In both cases, the AU would still stay on the account and the account should still be reported to the bureaus.

Thank you Secondcor, the reason I'm asking I think I have hit a tradeline limit on my Barclaycard so I can't add any more tradelines to it. I'd like to try changing the product and see if it resets the tradeline limit which I think is about 35 AUs. As far as I know, reporting the card lost won't change the tradeline limit but a product change might. If anybody has any recent experience with product change please let me know.

Yeah, in that scenario I'd probably try the product change first to see if that works.  (If it does, please report back here so we can learn from your experience!)

If it doesn't, another thing you could do would be to open a new Barclays credit card now, shift all of your credit line from your "tradeline limited" Barclays card to the new card, and then wait for the new Barclays credit card to age for the requisite year or two.  Obviously not as good as a product change, but still a potentially workable idea.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3670 on: November 24, 2019, 04:09:43 PM »
Settlement was a check.
The terms bar me from sharing the amount, but I was very pleased with the what we received.
Yes, @PointsLawyer  represented me.
We began the process last October, and I signed the agreement last month.
I fully endorse @PointsLawyer
He was excellent throughout the process

Can also reccomend and vouch for PointsLawyer.
Worked with him on closed Discover card. Easy from my side of the equation

DavidAnnArbor

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3671 on: November 25, 2019, 06:07:44 PM »
Settlement was a check.
The terms bar me from sharing the amount, but I was very pleased with the what we received.
Yes, @PointsLawyer  represented me.
We began the process last October, and I signed the agreement last month.
I fully endorse @PointsLawyer
He was excellent throughout the process

Can also reccomend and vouch for PointsLawyer.
Worked with him on closed Discover card. Easy from my side of the equation

Yes I concur. I got a settlement too. I think I got the taxation figured out for it which PointsLawyer helped with.

Brannen

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3672 on: November 25, 2019, 07:29:38 PM »
Hey folks,

just checking in here to get some validation from separate people. For those of you who are dealing with the "old company" can someone PM me and back them up. Feeling a little spooked after sending some personal information electronically to set up my account. I'd love to hear from some of you to let me know I don't need to run for the hills and transfer all my money out of my bank account.

Sorry to wear the tinfoil hat but I need a little back up here.

Cheers,

DavidAnnArbor

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3673 on: November 25, 2019, 07:37:40 PM »
You don't need to worry about the old company.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3674 on: November 25, 2019, 08:19:36 PM »
You don't need to worry about the old company.

+1.  Or the new company.

Catica

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3675 on: November 26, 2019, 01:35:42 AM »
How long does it take to get adds?

Car Jack

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3676 on: November 26, 2019, 07:20:02 AM »
How long does it take to get adds?

100% YMMV.  Depends on what cards you have with them and the demand they have.  The old company seems to have steady demand for low limit, newer cards (cheap for AU to buy).  Mine get filled every 2 month period.  I get maybe 4 total with the new company per year.  Higher limit, older cards, even with a request to pay at next notch down in order to move card sales along.  So you could have a sale right before your next closing date or it could be next July.

Catica

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3677 on: November 26, 2019, 08:33:19 PM »
How long does it take to get adds?

100% YMMV.  Depends on what cards you have with them and the demand they have.  The old company seems to have steady demand for low limit, newer cards (cheap for AU to buy).  Mine get filled every 2 month period.  I get maybe 4 total with the new company per year.  Higher limit, older cards, even with a request to pay at next notch down in order to move card sales along.  So you could have a sale right before your next closing date or it could be next July.
Thanks.  Maybe I should have enrolled newer cards with the old company and older cards with the new company.  I did the opposite and have not had any adds yet.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3678 on: November 26, 2019, 09:41:01 PM »
Right now I'd add everything eligible with old company, and anything they don't take I'd add to New Company.
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Catica

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3679 on: November 27, 2019, 03:07:03 AM »
Right now I'd add everything eligible with old company, and anything they don't take I'd add to New Company.
Is possible to have the new company remove all my cards so I can enroll them with the old company?  Or can I have the cards enrolled with both and as soon as one of the companies sell the spot can remove it from the other company then?

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3680 on: November 27, 2019, 03:55:52 AM »


Is possible to have the new company remove all my cards so I can enroll them with the old company?

Yep. Just email them and ask them to put the cards on hold.

Quote
Or can I have the cards enrolled with both and as soon as one of the companies sell the spot can remove it from the other company then?

No. They ask you to only have it enrolled at once place at a time so they can reliably offer it without you selling the spot elsewhere and it suddenly becoming unavailable.
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Catica

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3681 on: November 27, 2019, 04:45:27 AM »


Is possible to have the new company remove all my cards so I can enroll them with the old company?

Yep. Just email them and ask them to put the cards on hold.

Thanks, I just did that

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wienerdog

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3683 on: December 02, 2019, 02:50:36 PM »
Another close in May and no payment even when I complained about my March close in August.  Cliff said I would get paid the next week for the May one and the March one was sent.  Still nothing for May.  Seems to pretty much be the norm for the new company.

ditkanate

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3684 on: December 02, 2019, 03:06:27 PM »
I have a sale from July I've complained about twice now with neither payment nor response.  Starting to wonder if I should just deal exclusively with "old company" going forward.  I've got a couple sales from Sept that will be the last straw for me if I don't get paid in a reasonable timeframe.  It shouldn't be this hard. 

Kem

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3685 on: December 02, 2019, 03:54:25 PM »
After multiple inquiries I received my first payments from May (new company)

arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3686 on: December 02, 2019, 04:04:18 PM »
Yeah, that's the annoying thing about the new company, their payment is really slow (and response time can be poor). They prioritize other parts of the business, to the frustration of cardholders.

I think it was two years ago now they fell behind, and have gotten almost caught up a few times, but still running behind, usually two months (so a May add would normally pay end of July, instead it's more like Aug/Sept). Not acceptable. And still not having been paid is really bad.

To my knowledge, there hasn't been anyone who has not been paid--everyone has gotten paid eventually. But it is frustrating when it isn't on time, and I'm surprised some that old have slipped through.

I keep trying to find new companies (looked into two others within the last month or two), but finding ones that have good AU practices is hard.

Got a PM the other day about one of the other companies that is quite popular among the FIRE crowd because they're good at marketing, but not verifying AUs:
Spoiler: show
Quote
I seen your post about this company but I decided to give them a shot anyways since the two recommended companies wouldn't accept my tradelines.

I just wanted to let you know how it turned out for me.

I made about $[redacted] in a year, but I had two cards shut down very shortly after trying to add clients with bad information provided.   I was contacted by the fraud departments of the credit card companies very quickly after the adds being declined on their online portals.    I told the company via support that if it happened again that I would look elsewhere to sell my tradelines, and then received a call within minutes from a guy named David who was hateful as fuck.   He told me that they do background checks so that it wasn't on their end, and it wasn't their problem, and to take my business elsewhere.   

So here I am, wondering if you have any other companies that you recommend, as this side gig has helped me tremendously.


To me, better to get paid slowly and less from a good company than have cards shut down and potentially enable fraud from a bad one. That being said, there are a lot of companies out there willing to take your CCs and add random people to them.

I'll ping owner of new company and see if he can get some payments out.

As always, if you have individual concerns, PM me with the email address you use and I can try and contact them for you.

Appreciate the feedback, definitely good to know! I'll keep looking, too. (I'm hopeful a new one will start that's quality.)
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
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Kem

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3687 on: December 02, 2019, 04:11:34 PM »
I can stomach slow payments and monthly follow ups for the lower risk to my cards.   It took 6 months.  Probably works out to 200-400/hour (given the multiple checks/tracking/followups/etc)

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3688 on: December 02, 2019, 04:12:18 PM »
Yeah, still shouldn't have to be the case. That's way, way too long. Thanks for the info!
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3689 on: December 02, 2019, 10:14:57 PM »
I just got setup with the old company on a newer card. They sent me the paperwork last month but I was in the middle of moving and didn't get to it until this weekend. I've got my first card ready to go so excited to see if I can sell a slot by the end of the month. If my statement close date is the 27th that means I'll probably get requests to add towards the end of the month?

Cornel_Westside

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3690 on: December 02, 2019, 10:30:10 PM »
What do you guys say if a customer service rep asks why you are adding someone as an authorized user?
« Last Edit: December 02, 2019, 11:22:57 PM by Cornel_Westside »

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3691 on: December 03, 2019, 12:12:15 AM »
I just got setup with the old company on a newer card. They sent me the paperwork last month but I was in the middle of moving and didn't get to it until this weekend. I've got my first card ready to go so excited to see if I can sell a slot by the end of the month. If my statement close date is the 27th that means I'll probably get requests to add towards the end of the month?

Generally, yes, you'll get your add requests in the week prior to your statement close date.  However, many people have reported not getting their first sale right away.  It can take months or longer.

What do you guys say if a customer service rep asks why you are adding someone as an authorized user?

They have never asked me, and I doubt they ever will.  If they did, I would say because I want to.

BikeFanatic

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3692 on: December 03, 2019, 03:21:25 AM »
They may ask your relationship with the user. My wife says colleague, I say friend.  You should have a planned story like you have a side hustle where your friends may need to make a few purchases. I have been grilled by fraud department and they really have never pushed me that far. Mostly they just ask me to confirm my identity. Trade lines are legal, and the credit companies put up with it if you donít go overboard mostly IMHO.

Kem

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3693 on: December 03, 2019, 06:10:50 AM »
What do you guys say if a customer service rep asks why you are adding someone as an authorized user?

They are individuals who helped me earn some side money and who may have need to access to my credit card for future purchasing requirements - and if so I will deliver the cards to them directly.

secondcor521

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3694 on: December 03, 2019, 10:56:01 AM »
There are two occasions where you might think you'll be asked about the situation with your AU.

The first is when you call (or go online) to add the AU.  The bank will ask your relationship to the AU.  I understand this is because of "Know your customer" laws that were passed in the wake of 9/11.  The person who's asking doesn't care, they just need to choose something from the drop down list on their screen.  I've never had anyone ask further beyond that when adding the AUs.

The second time is if the AU for some reason trips their fraud detector.  In this case your card might get shut down temporarily, and you'll get a message or a letter in the mail to call a special number to discuss the situation.  This is not common, but it does happen, and probably will happen to all of us eventually.  Sometimes the fraud person you talk to will ask perfunctory questions, sometimes they will grill you.  One time I was cajoled (USAA).  You can decide how you want to handle it, and may decide to handle it differently depending on how the fraud person behaves.

Depending on how the fraud situation turns out, you can have your card permanently canceled.  With Chase you can have all your Chase accounts closed, not just the CC.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3695 on: December 03, 2019, 12:03:55 PM »
What do you guys say if a customer service rep asks why you are adding someone as an authorized user?

They've never asked me, but I would say it's none of their business a private matter and I'm allowed to add anyone I want.  If they press further or ask the relationship I would simply say it's a business associate and leave it at that.  If they pressed any further than that I would tell them I'm not comfortable discussing the details of my relationship with them. 

But they've never asked, and I can't imagine they even care.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3696 on: December 03, 2019, 02:09:39 PM »
What do you guys say if a customer service rep asks why you are adding someone as an authorized user?

"He works for a contractor that's doing some work on my house. If he needs to get supplies from Home Depot, I want my rewards points!"

I don't know if they ever save that answer in a file, but, I reason it's a good excuse for not being able to track down his drivers license six months later if they ever follow up, LOL!

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3697 on: December 05, 2019, 11:48:14 AM »
I have a new business and hire people around the country.  Many don't work out.

The above is all made up, of course.  If they actually look, they'll see that none of the AUs have ever even activated their card.  I receive them and they go right into the shredder at work, then the shreddings get put into a paper shopping bag and used to start my wood furnace at home.

Kem

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3698 on: December 05, 2019, 12:51:48 PM »
OH - I have been activating each card and then making a small purchase on the activated card! 

Is this NOT required then?

arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3699 on: December 05, 2019, 01:59:41 PM »
OH - I have been activating each card and then making a small purchase on the activated card! 

Is this NOT required then?

I never have. For years I didn't even get them, as I used a virtual mailbox while traveling, and they rejected mail not addressed to me, so it was sent straight back to the card issuer. :P
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.