Author Topic: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig  (Read 1005511 times)

Car Jack

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3650 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

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3651 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

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3652 on: November 06, 2019, 02:40:27 AM »
Can business credit cards be used for tradelines?

topshot

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3653 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

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3654 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

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3655 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.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3656 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?

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3657 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

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3658 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

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3659 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

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3660 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.

BikeFanatic

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3661 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 #3662 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?

frugalnacho

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3663 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 #3664 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 #3665 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 #3666 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?

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3667 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.

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DadJokes

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3668 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 #3669 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 #3670 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 #3671 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 #3672 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 #3673 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.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3674 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 #3675 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

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3676 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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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3677 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.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3678 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 #3679 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.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3680 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 #3681 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

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3682 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.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3683 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,

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3684 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 #3685 on: November 25, 2019, 08:19:36 PM »
You don't need to worry about the old company.

+1.  Or the new company.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3686 on: November 26, 2019, 01:35:42 AM »
How long does it take to get adds?

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3687 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.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3688 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 #3689 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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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3690 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 #3691 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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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3692 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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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3694 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.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3695 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. 

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3696 on: December 02, 2019, 03:54:25 PM »
After multiple inquiries I received my first payments from May (new company)

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3697 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.)
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #3698 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 #3699 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.
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