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General Discussion => Share Your Badassity => Topic started by: arebelspy on December 28, 2016, 11:57:42 PM

Title: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 28, 2016, 11:57:42 PM
Welcome to the NEW Tradeline Sales Thread!

If you want a referral to the two tradeline companies I recommend, Click Here To Send Me a PM (http://forum.mrmoneymustache.com/pm/?sa=send;u=25).

This thread is a new thread to discuss tradeline sales.  The old thread can be found here (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-$1000hr-20-40kyr-side-gig/). (It is not necessary to read it, all of the relevant information has been moved to this thread, but I'm providing a link for reference's sake--there was lots of discussion around this topic in that thread if you want to read more after reading this newer thread.)

I started this new thread, rather than keep using the old one, for a few reasons:

(Note: Most of the below information in this post was from the old thread, but it has been edited/updated to reflect changes over the last five months in things like commission schedules, cards accepted, etc. so it is current as of this posting, and will be regularly updated if anything changes. /UPDATED 7-31-19 with current payout schedules for the two recommended companies.)

If you didn't read the old thread, but just saw the title of this thread, the first thing you're asking yourself is:

Is this real?  It sounds too good to be true.

Yes.  It absolutely is real.  In 6 1/2 months (since mid-June), I've earned over $16,000.  Other Mustachians--since I posted the first thread about it in July--have signed up and earned thousands of dollars as well.  It's definitely real, and it's paying out many thousands of dollars every month.  It's not a scam, it's a way to use your credit cards to generate massive amounts of money for almost no work, legally.

I estimate my wife and I will net between 20k and 40k per year for an hour or two a month of work by this activity: selling trade lines on our credit cards.  This post is to introduce you to the idea, if you aren't familiar with the concept, or give more info if you've heard of it, but haven't looked at it closely yet.

What Is It?

Essentially, you are adding authorized users onto your credit cards, temporarily (for a month or two, before you remove them), and getting paid to do so.

Huh? What? Why? How does it work?

As you know, many things in our country run on credit, and if you have good credit, you are charged a lower interest rate when you finance things. If you have bad credit, you are charged a higher interest rate, and pay more money for things.

Due to this, people are often looking to temporarily "boost" their credit score.  If they are going in to buy a car, for example, if they have a bad credit score, they are going to be charged a high rate ("While the average interest rate for borrowers with good credit is between 4% and 5%, subprime borrowers will pay an average of 10% to 13%, depending on their credit score." -Bankrate.com (http://www.bankrate.com/finance/auto/9-steps-to-a-car-loan-on-damaged-credit-1.aspx)).

Instead, they might pay $1000 (or whatever--all the numbers in this post will be illustrative) to a credit boosting company, who acts as the middleman bringing together people who have credit cards with a long history and/or high limits, and people who want their scores boosted.  That company then turns around and pays you $125-275 (depending on the card's age and credit limit). You add the person as an "authorized user" on your credit card you've had open, say, 5 years that has a $15,000 limit, and no late payments ever, and you spend a few bucks on the card, so it closes with a balance.

This new authorized user never receives a card, and can't spend any money on the card (see more details on this below).

A few weeks later, your credit card statement statement closes, the credit card company reports to the credit agencies that this individual is an authorized user on this card, which now, due to the amount of time the card has been open and the extra available credit, boosts their score.  They go buy the car, and save a bunch of money on interest.

A month later, you remove that person as an authorized user.

Okay, so, how much can I make?

Well, depending on the card, you can sell 2-5 trade lines (authorized user spots) every other month (i.e. two month cycles).  The amount you make depends on your card: how old it is, and how large the credit limit is.  The older it is, and the larger the credit limit, the more it helps the AU, and the more you get paid.

The payout schedule for the two companies I recommend is as follows:

"New Company":
Spoiler: show

Updated July 2019.
Card AgeCard AgeCard AgeCard Age
Credit Limit12-24 months2 years- 4 Years4 years- 8 Years8+ Years
$2k-$4999$15$25$25$25
$5k-$9,999$25$50$50$75 ($100 MMM)
$10k-$14,999$50$100$100$125
$15k-$19,999$100$125$125$175
$20k-$29,999$150$175$175$225
$30k-$39,999$200$225$225$250 ($275 MMM)
$40k-$49,999$225$250 ($275 MMM)$250 ($275 MMM)$275 ($300 MMM)
$50k+ $300$300$300$300 ($350 if 12+ years old)


(Caveat: the ones that say "MMM" are $25 more if you use me as a referral.  See disclaimer at bottom of this post.)

"Old Company":
Spoiler: show

Updated July 2019.

Does not break out payments based on age of card; all cards must be 2+ years old and follow the commission structure below:
A. 2-Month Cycle Commission for Barclays, Citibank, Discover, PNC, US Bank, Elan, TD Bank:
1. Limit $10,000 - $15,000 - $75 per spot
2. Limit $15,001 - $20,000 - $125 per spot
3. Limit $20,001 - $30,000 - $175 per spot
4. Limit $30,001 - $40,000 - $200 per spot
5. Limit $40,001 - or more - $225 per spot

B. 3-Month Cycle Commission for Capital One, NFCU, USAA:
1. Limit $10,000 - $15,000 - $125 per spot
2. Limit $15,001 - $20,000 - $150 per spot
3. Limit $20,001 - $30,000 - $200 per spot
4. Limit $30,001 - $40,000 - $250 per spot
5. Limit $40,001 - or more - $275 per spot

C. 4-Month Cycle Commission for Chase and Bank of America:
1. Limit $10,000 - $15,000 - $175 per spot
2. Limit $15,001 - $20,000 - $200 per spot
3. Limit $20,001 - $30,000 - $250 per spot
4. Limit $30,001 - $40,000 - $275 per spot
5. Limit $40,001 - or more - $350 per spot
6. Limit $40,001 - or more + 10 years - $400 per spot


Some cards they cap to 2 tradelines to help them from getting cancelled (see below), while other cards where the credit card company doesn't tend to cancel you might go up to 5 lines.  Ditto with how often they fill the lines up--some they keep for two months, some they will load up every month.

(Disclaimer: Below numbers are illustrative and may not be up to date based on current payout schedule. Adjust example to fit your situation.)

So say you have a Bank of America card (2 spots), Barclay (5 spots), Citi (5), Discover (5) and US Bank (5), and they all had between a 10 and 20k limit, and were all 2-20 years old.  You'd be making in the range of $125 (for the 2-7 year old, $10-15k cards) to $175 (for the 8+ year old, $15-20k cards).  Say an average of $150 per tradeline.

If you sold all of those (22) spots over the course of the two months, you'd make $3,300 (22 spots x $150/spot) per two months, or $19,800 annually.

Now imagine you had more cards than those five, or that you a spouse also that you enroll...

The numbers can get very silly very quickly.

Some months are slower (less people using credit, it's cyclical) so you might not make as much, some months you'll fill up everything.

What credit cards can I use?
Any card issued by: Barclays, Citi, Discover, PNC, USAA, NFCU, US Bank, Bank of America, Capital One, Elan Financial, Worlds Foremost Bank, Fidelity, or Chase.

These are the issuers right now that the companies I recommend use.  Cards issued by other credit card issuers tend to not post correctly (e.g. you add the AU, but it doesn't show up right for them) or have the card cancelled (see risks, below).

Those issuers tend to reliably post and not cancel cards.  Other companies may support other cards, but they may carry additional risk and hassle, and those companies may not be as reliable in terms of fraud and abuse (see below, as well as the rest of the thread for discussion). 

Concerns:
Is this illegal?
Not at all. Totally legal.  Also very likely against your credit card terms of service though, so you are at risk of them closing your credit card account.

What if the Authorized User spends a bunch on my card?
Not possible--they never get a copy of the card.  It's sent directly to you, to your address on the account.  Even if they call for a replacement card or something, A) They won't have the information needed to "verify" your account (like last 4 of your social, or your DOB, or anything about you), but further, even if they could, the replacement card is also is sent to your address.  As an authorized user, they can't change any info on the account, nor get a card shipped to them.  They'll be on the account for a month or two, and then removed, with no access to do anything on the account, nor any account information, nor the ability to spend any money.

The companies I recommend has NEVER had an AU get a card and spend money on it, and they've been doing this for ten years. My previous recommendation, who has been in business four years, have also never had that happen.  Fourteen combined years, thousands and thousands of tradeline sales, zero instances of this.  I'm not worried about it happening in the slightest.

Do I need to have a good credit score?
No, not at all.  Your credit score never shows up on their account, at all.  Just the card(s) you enroll be in good standing, with no late payments ever.  The longer they've been open, the more likely someone is to purchase a tradeline on them. So the cards need to be good, but your credit itself doesn't matter.

What if the credit card company finds out? What if my card gets shut down?

That's the big (potential) drawback to this: your credit card company might close the card.  The tradeline companies I use do some things to mitigate this, like I mentioned above: having you leave the AU on for two months instead of one, limiting certain cards to only 2 tradelines (other companies that have been less likely historically to close cards they do up to 5 tradelines).

In a worst-case scenario, the credit card company may shut down other lines and accounts you have with them besides that one card, and/or refuse to issue you new cards.  Chase is the only one I'm aware of that does this, so be careful with them, but the other companies, if they shut your card down (which is rare) will likely only shut down that one single card, not any other accounts with them, nor refuse to issue you any new credit.

Will this affect my credit score?

It doesn't affect your credit report, or score, at all.  Having an Authorized User, or not, is not a criteria on a credit report/credit score. (If it did, that obviously would be biased--either for or against--someone who is married, for example, and has an AU to add.)

If your card gets shut down, that could have an impact on your score (from having less "available credit"), however it won't affect it from merely being closed--the card, even when closed, still shows up on your credit report (for I think 10 years?), and the reason closed is the same as if you called them to close it, there's no hit as to "why" it closed.  Just the potential small hit from amount of available credit (e.g. affecting DTI).

If your card isn't closed though (which, again, from what I understand, it's not common for them to get shut down), there's obviously no change to your credit score.  In fact, your score will likely go up when you first start from calling and raising up your credit limits.

Isn't this unethical?

I guess that depends on you.  When you add an authorized user, it usually asks what your relationship to the person is, and you choose: Spouse, or Other (some CCs have "Spouse, Child, Other" and similar options..., but there's always an "Other" choice from what I've seen).  I, obviously, choose other. 

Adding them, or removing them, doesn't require lying, or doing anything illegal.  You add someone online, and then call to remove them.  I actually did this the other day, I called and said "I have two authorized users on my account I'd like to remove."  The customer service lady said no problem, had me verify their names, she confirmed they were removed, I said thanks, have a good day, that was it.

It does potentially violate the credit card company's terms of service, which means they (as a recourse for that violation) can shut down your card. Okay.  I obviously don't have a problem with it.

Our credit card system in the U.S. is unique. The credit card companies make billions each year on people paying interest.  I'm not too worried about them.

One more perspective--as Meadow Lark said in her journal when someone asked about the ethical implications:
"I don't see it as fraud.  It's not illegal. I'm not saying the AU is my kid or my husband - there is no lying.  There are a lot of different ethical frameworks people have.  Within my framework, this is ethical.  It's fine if we disagree.  I believe there is nothing wrong with helping other people improve their credit.  I believe there is nothing wrong with profiting from a loop hole in a financial system that was designed to foster increased income inequality.  I could go on and on, but I don't want to bore you."

If you feel it's unethical, that's fine.  It's definitely not worth doing anything you feel is unethical simply for money.  Steer clear, in that case. :)

Okay, so what do I do to get started?

Well, you go to a trade line sales company and sign up with them.  Be careful, because some are sketchy.  Make sure you research into one that is legitimate, an actual business that has been around for several years, etc.  Look into complaints about them and such.

The companies I use, I chose because I got a good recommendation from a fellow Mustachian, researched into it, and they are totally legit.  If you decide to proceed, you will sign a contract, sign up for payroll, they 1099 you, etc.

I won't put more details here, because this post is just to introduce you to the concept of the idea, not spam/shill for a particular company.  If you want me to refer you to the companies I use, send me a PM.

After you choose a company, and sign up with them, you'll want to go to CreditKarma.com (http://www.creditkarma.com), make a list of all the cards you have, the statement close dates, credit limits, and when they were opened.

Then you'll may want to call each of the CC companies to increase the limit on the cards you have (higher limit = paid more for the trade line).

Then you just add users when you're instructed, and given the information for the AUs.

So how much actual work is it?  What does it actually look like, step-by-step? How did you calculate that dollar per hour figure in the title?

First, as above, you sign up with the company and send them the info on the credit cards you want to enroll (you don't send them numbers or anything, of course, just which cards you have--the issuing company, limit, and how lont it's been opened).

Then it looks like this:
1) You get an email that a user needs to be added.
2) You go to the website of your CC company, and add the Authorized User online (time = 2-3 min)
3) You spend $ on the card (you can use it for any normal spending, which I have done, sometimes paying a bill online or whatever with each individual card, or if I have no spending I need to do on a CC, I load my Amazon gift balance with a few bucks on the card--but the card does need to have some balance on it when it closes to have it report correctly) (time = 2-3 min)
4) After a month or two, you call up your CC company and ask to remove the AU (time=5-15 minutes, depending on how long you're on hold).

I also spend a minute or so per card plugging it into my tracking spreadsheet (see previous post for an example of my spreadsheet (http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-$600hr-20-40kyr-side-gig/msg1155204/#msg1155204)) when I add the user and do the spend, and when I pay the card off.

Total payment for this time = $225 (for my average card, yours might be a bit higher or lower).  Total amount of time = ~10-20 min.  Hourly rate = $700-$1300-ish per hour.

How do I report it to the IRS?

Like any other income.  If you choose a reputable trade line company, you'll get a 1099.

Warning

Let me repeat again, even though I mentioned it above: This has risks.  It is almost always against the credit card company's terms and conditions.  You should understand the risks before committing to anything like this.

They can, and very well might, shut down your account.

The way I've made my peace with it:
If someone came to me and said I'll pay you $50,000-$100,000 to shut down all your old credit cards (with the caveat that it won't hurt my credit score too much*), would you do it?  Heck yes, I would! I'd jump on that deal in a heartbeat.  So even if, over the next few years, ALL my CCs I'm using end up getting shut down (which I'm highly doubtful of), I'd accept that trade.

*It wouldn't affect my credit score much at all--the cards would still stay on my credit report for 10 years, and I'd still have other cards (like Amex, which aren't in this program) boosting my score.  It'd just hurt my DTI since I'd have less available credit, but I don't have any CC debt anyways, so my utilization is always near 0 anyways, plus I can open new cards.  I do all the time anyways, for travel hacking.

So you'll pay me tens of thousands of dollars in order to shut down my older cards, but leave them on my credit report, but just have to open some new ones to increase my available credit again, and start those aging?

Great!

Heck, the only reason I have those old cards is to boost my credit score--I have no use for them otherwise.  So if it'll still stay on my credit report for 10 years, still showing a long, positive payment history, then why not use them to make money with them also?

Yes, I'll take that trade.  Especially given that the cards may not necessarily be shut down, and you can stop doing it any time.

So, like I said, I don't know which, if any, cards will get shut down.  If some do, maybe I'll stop with the rest at that point, maybe I won't, but I've made my peace with the fact that the CC companies don't like it, and may shut it down, by thinking of it in those terms.  I'd absolutely take that trade, so why not try it out for the next year or two and see what happens?

Again, if you want a referral to the companies I use, feel free to PM me, but I don't want this to turn into spam/shilling for certain companies--we've already seen high traffic for it from Google, and I know from being contacted that it's on the radar of some of those companies, and I'd rather keep the spam out.

This sounds pretty awesome, how do I get started?

If you want a referral to the tradeline companies I recommend, Click Here To Send Me a PM (http://forum.mrmoneymustache.com/pm/?sa=send;u=25).

I think that just about covers everything.

Feel free to post any questions you have and I'd be happy to answer.

Please see the next post for more details on the companies I recommend.

If you want to read more discussion around the legality, ethics, and lots of random questions from when this first started on the forums years ago, go read the old thread (http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-$600hr-20-40kyr-side-gig/) on this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 28, 2016, 11:58:35 PM
[Redacted out of date information about tradeline company comparisons.]

Choosing a Tradeline Company

There are a lot of bad actors in this industry. Scams at worst, but often just people looking to make a quick buck, not worrying about doing things the "right" way.

I've researched probably 15-20 tradeline companies, and have only found two that I think properly protect the cardholders (you, the one selling the tradelines) via their vetting of Authorized Users to help prevent fraud, have good information security (protect your information properly via good IT security practices), and have been in business long enough to be trustworthy.

If you decide to try out the many choices in tradeline companies out there, please do your due diligence on the company. Downside scenarios include a much higher likelihood of your cards getting closed, but worse, potentially participating in fraud (versus the lengths the good companies go to avoid that, as a protection for you).

If you want a referral to the two tradeline companies I recommend, Click Here To Send Me a PM (http://forum.mrmoneymustache.com/pm/?sa=send;u=25).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 29, 2016, 02:08:56 AM
This post reserved for later edits/updates/information.  Basically just a placeholder post, in case I need to add another giant wall of text with new information/updates that I can edit later.  :)

For now, just one piece of information to explain:

Why am I posting this?

When I posted this information originally in July, it caused the first company to get flooded, and immediately affected my tradeline sales, cutting down the amount I was making.  (The extra money made in referrals by those who used me as a referral helps some, but did not make up for this, as each referral is a fraction of a tradeline sale.)

It was suggested to me shortly after posting the thread for everyone that I should delete it, to keep the tradeline site from having even more new people added.  Similarly, it was recently suggested to me that, if I found a new good site, there was no reason I had to post it.

But I did not agree, and I still posted the above information, obviously, and here's why:
1) I would not feel right moving my cards from a company I recommended to a new company, but leaving all the people I had recommended to sit with the old company I was no longer using.  Even though I still feel comfortable with that company, and WOULD use them, just quietly moving my cards and saying nothing feels wrong, to me.  (For this same reason, I feel obligated to contact people I recommended the old company to, in order to let them know I've switched--it's more work, but I feel I have an obligation to let them know that I am no longer using that company.)

2) As I said in the OP, Mustachians have thousands of dollars in the last 5.5 months since I posted the original thread.  That's awesome, to me.  I wouldn't be surprised to see that number shoot up this upcoming year, in 2017.  It gives me warm fuzzies to think of all that money going towards debt payoff, or towards accelerating Mustachians' FIRE paths, or helping reduce sequence of returns risk for a recently FIRE'd Mustachian.

The alternate is those tradeline sales would be going to other credit card holders with those companies, and in all likelihood, they're consumer suckers wasting that money.  Boooo.

Even if I'm making a little less personally, of all of those tradelines sales Mustachians are making, only a few are coming from ones I would have gotten, but many more are coming from those other consumer suckers.  Less for me, but much better in the aggregate for Mustachians!

3) I got a PM from another member several months ago who had made several tradeline sales since I referred them.  Part of that PM said:
Quote
Personally, I'm experiencing a lot of health problems this year that, even though I've been fairly mustachian my whole life, cost more than my disability income covers, so the TLs are a huge help there and also help me feel less stressed about mounting medical bills... This way, I can keep chipping away at them.

So THANK YOU!

That totally made not only my day, but my week, and I still get happy when I think about it.

The bottom line is that I feel more affinity towards this community than I do towards a little more money, so why not spread the love?

So go forth, Mustachians.  Sell tradelines, earn awesome side-gig money, and use it in financially smart ways.  And send me a PM when you do, cause I love to hear it.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on December 29, 2016, 05:19:07 AM
Thanks for the write up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Polak_maly on December 29, 2016, 06:35:39 AM
I got my Citi card cancelled this way on the 3rd month, with only 2 AUs on the card at the time. So there are risks indeed. Make sure to use cards which you're not using on daily basis.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on December 29, 2016, 06:45:02 AM
*
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 29, 2016, 06:58:51 AM
Thanks for the write up.

No problem.  I'd be doing the research anyways, for my own use with my cards and my wife's, so better to type up and sharing with others.

I got my Citi card cancelled this way on the 3rd month, with only 2 AUs on the card at the time. So there are risks indeed. Make sure to use cards which you're not using on daily basis.

You're literally the first Mustachian out of dozens to report this.  So it's definitely not common.  It is absolutely a risk though, and mentioned several times in the OP.  Don't sell tradelines on a card you can't handle being cancelled.  If you're okay with the possibility of it being cancelled, it's quite lucrative to sell tradelines while you can.  :)

EDIT: We PM'd, and it turns out Polak_maly was using a different tradeline company than either of the two I recommend, and his card was shut down after just a few months.  This is the issue that I have with other companies--they don't verify their users the way the two I recommend (the old, and new, recommendations) do.  Which means higher instances of fraud, and much higher shutdown rates.

That's why there are only two I can recommend, and why I had to do so much research first, because otherwise it's a much higher risk.  I can't find any other businesses taking the precautions/safeguards they do.  :)

Not worth getting cards shut down in a few months, to me, especially if you can go with a reputable company rather than a shady one, and keep it going for a long time.  And that's why no other Mustachians reported shut downs on their cards--they were using the safer, recommended company.

Hope that helps put a few minds at ease.  :)

Though, as I said in the OP, and this reply, shutdowns CAN and DO happen.  They're just much less likely if you use the right companies.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on December 29, 2016, 07:10:39 AM
Which CC companies allow you to add and remove AUs online?  I have only used Discovery so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 29, 2016, 07:13:19 AM
Which CC companies allow you to add and remove AUs online?  I have only used Discovery so far.

Barclays lets you do both, and Chase.

B of A lets you add online, but you have to call to remove.

Capital One can definitely add online, and I think lets you remove, but I can't remember 100%.

Discover, like you said, lets you do both.

Can't say for Citi or any of the other ones, hopefully someone else will chime in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rubic on December 29, 2016, 07:18:24 AM
Posting to follow.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 29, 2016, 08:46:48 AM
Which CC companies allow you to add and remove AUs online?  I have only used Discovery so far.

Barclays lets you do both, and Chase.

B of A lets you add online, but you have to call to remove.

Capital One can definitely add online, and I think lets you remove, but I can't remember 100%.

Discover, like you said, lets you do both.

Can't say for Citi or any of the other ones, hopefully someone else will chime in.

Citi definitely lets you add AU's online. I also got a (no pull) slight CLI online. :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Txtriathlete on December 29, 2016, 08:49:22 AM
What, in your opinion and research is the minimum marketable age of a card?

I have not historically maintained a large number of credit cards, We have one we use for household and another for travel, plus a third that was issued as overdraft protection that we never use. Two of these are from the companies listed, but neither is a card I want shut down in the event of problems. I *could* open a few new CC accounts over the next several months to just sell tradelines against. Would they be marketable?

Thank you for posting this. I read the other thread but quickly got "lost in the sauce" with all the comments, this is a very nice summary and recommendation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on December 29, 2016, 09:24:44 AM
Thanks again for the research and write-up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ss17 on December 29, 2016, 09:30:33 AM
Which CC companies allow you to add and remove AUs online? 
Here's the one's I know:
US Bank: Fax/mail form to add AUs
BOA: Add online, Call to remove
Cap One: Add online, Call to remove
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ss17 on December 29, 2016, 09:33:47 AM
Does anyone know if the new company can use Business Cards?  I'm guessing not, but it would be nice since I have several with large limits.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on December 29, 2016, 09:43:45 AM
Thank you, ARS! I've sold 3 tradelines so far, though if I count time spent reading the thread as work, I'm probably down to about $50/hr. :)

What, in your opinion and research is the minimum marketable age of a card?

I have not historically maintained a large number of credit cards, We have one we use for household and another for travel, plus a third that was issued as overdraft protection that we never use. Two of these are from the companies listed, but neither is a card I want shut down in the event of problems. I *could* open a few new CC accounts over the next several months to just sell tradelines against. Would they be marketable?

Thank you for posting this. I read the other thread but quickly got "lost in the sauce" with all the comments, this is a very nice summary and recommendation.


I also don't typically have a lot of cards open. One thing I'm looking at is getting a new "everyday" card and then using the old one for selling tradelines. It doesn't really matter from a rewards standpoint if my everyday card is 2 years or 2 months old, but it clearly matters from a tradeline standpoint.

Another thing you can do, if you have a SO that you combine finances with (you did say "we"), is get a new version of the same type of card in their name, and moving the one in your name to tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on December 29, 2016, 09:52:29 AM
Posting to follow. I may give this a shot on some of the credit cards we no longer use.

Would I need to open one account for me and one account for my wife? (Some of the cards are in my name and some of the cards are in her name)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: enginerd1986 on December 29, 2016, 09:56:17 AM
Thanks again, Joe. You really take much of your time researching and writing this information out. I feel as though we are mooching off of your efforts. Hopefully, we'll all be able to return the favor in the future or at least help others in the way that you have helped us. Best wishes in 2017!

T.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoping2retire35 on December 29, 2016, 10:30:18 AM
here
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on December 29, 2016, 11:01:56 AM
Following.  Thanks, Joe!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on December 29, 2016, 11:19:52 AM
Thanks a ton for the write up ARS!
And for sharing your research and being transparent about moving!

I hope I can get in this time. Last time, by the time I had done enough of my own research to feel comfortable, they were not accepting any new signups anymore / yet.
I only have one card I want to use for this in the first place.

Also, little side note: You seem to be recommending Credit Karma a lot.
You have a blog.
As a blogger you can apply for affiliate networks.
Credit Karma has affiliate links...
I think it gives you only like 25 cents or so per person signing up.
I'll have to look, I applied with them a few weeks ago.
But anyhoo. If you are planning on writing more about this on the future you may want to consider signing up for that as well.
I bet a lot of folks (including myself) signed up for Credit Karma because of your recommendation...
It's not much in comparison what the other referral fees are, but it's something ;)
Just saying!



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MEJG on December 29, 2016, 11:43:28 AM
Thanks for doing all this work and sharing!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 29, 2016, 11:56:30 AM
Here's my question:

Do the issuers auto-mail AU cards to the primary address on file? I know ARS moves around a lot, but if you don't want your family or whoever to deal with all this extra mail, does it make sense to wait until location stationary, or is there not really any extra mail to deal with?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 29, 2016, 12:47:28 PM
Thanks for the write up Joe and all your hard work!!

I only have one card but it's 10+ years old and just increased credit limit to over 20K. Keeping my finger crossed I can get in on some of this action. Sent all my info in and just waiting to hear back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on December 29, 2016, 12:48:35 PM
I'll add to the chorus of thanks for this intense research (while claiming to be retired, ha! ;).

I'd bet this community in total has made well into the six figures since the first thread was posted with minimal effort.  I'm looking forward to getting my Bank of America card into the action.  I also just asked for a credit line increase on my old Discover Card and now it is over $20k!!

Cheers for sharing the awesome side gig!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on December 29, 2016, 01:53:28 PM
How many authorized users does Chase and Capital One allow?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: mxt0133 on December 29, 2016, 02:49:56 PM
Just called up my oldest credit card to bump up the limit and give this bad boy a trial run.  Thanks for the write up Arebelspy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on December 29, 2016, 03:20:57 PM
My big question for you arebelspy - are you selling AU spots on your Chase cards? I got scared away from doing this with Chase by Greg at Camp Mustache! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 29, 2016, 03:25:11 PM
My big question for you arebelspy - are you selling AU spots on your Chase cards? I got scared away from doing this with Chase by Greg at Camp Mustache! :)

From the previous thread http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-$600hr-20-40kyr-side-gig/msg1352939/#msg1352939 (http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-$600hr-20-40kyr-side-gig/msg1352939/#msg1352939)

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

Other people do use Chase, because they're okay with the risk of Chase closing their cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 29, 2016, 03:54:34 PM
Which CC companies allow you to add and remove AUs online?  I have only used Discovery so far.

Barclays lets you do both, and Chase.

B of A lets you add online, but you have to call to remove.

Capital One can definitely add online, and I think lets you remove, but I can't remember 100%.

Discover, like you said, lets you do both.

Can't say for Citi or any of the other ones, hopefully someone else will chime in.

USAA is a phone call both to add and remove.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 29, 2016, 03:56:10 PM
What, in your opinion and research is the minimum marketable age of a card?

The new company apparently accepts cards that are least 1 year old and at least $5K credit limit, with more money paid for older cards and for larger limits.

The previous company accepts cards that are at least 2 years old and $10K minimum credit limit, also with more money paid for older cards and for larger limits.

There is a chart of the payouts earlier in the thread.  It's up to you to decide if the payments are worth the effort.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 29, 2016, 03:59:13 PM
Does anyone know if the new company can use Business Cards?  I'm guessing not, but it would be nice since I have several with large limits.

I asked them this, and they confirmed that they cannot use business cards because they don't post to personal credit histories.

They also confirmed that they cannot use AMEX-issued cards because the AMEX-issued cards don't post the year the card was opened to the AU's credit history (and, I'm inferring, don't boost the AU's credit score).

(I also have several business and AMEX-issued cards that would otherwise qualify.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 29, 2016, 04:05:34 PM
How many authorized users does Chase and Capital One allow?

I don't know how many AU's Chase and Capital One allow.  However, the company ARS is recommending in this thread (the new one) says that they only add 2-3 AUs every three months on Chase and Capital One lines because those issuers are more twitchy and likely to close down your line.

Note that I believe that is 2-3 AU's per three months per line.  So if you had five credit cards at Chase, you could add between 10-15 AU's every three months.

Also, other issuers are not as twitchy and you can sell more spots per line with those other issuers.

Finally, at least with the old company you could specify fewer slots if you wanted to.  I would guess the new company would be able to limit how many slots they sold on any given line, but I don't know that for sure.  (Not a question for me, as I am willing to go as far as the new company and my CC issuers will let me.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 29, 2016, 04:31:04 PM
Thanks tj & ss17 for posting/confirming info on which let you add online.

What, in your opinion and research is the minimum marketable age of a card?

They need to be aged at least a year with this new company (old one was two years).  Beyond that piece of info, I couldn't tell you yet about the demand for those cards.  Since this new company takes ones that are 12-24 months old, we'll get Mustachians enrolling some reporting back on if they're selling many lines on them or not.  We'll crowdsource the knowledge.  :)

I am considering opening new cards for this now, something I wasn't before (and haven't, in the last six months, other than for normal travel hacking--e.g. 2 SW cards for Companion Pass, Chase Sapphire Reserve, etc.).

Does anyone know if the new company can use Business Cards?  I'm guessing not, but it would be nice since I have several with large limits.

None of them do.  Amex cards, and business cards (from any provider) report differently (or not at all), and so the credit score boost typically won't happen. I also have a lot in business (and Amex) credit, but unfortunately it's not usable for this.

Makes me more okay with any cards getting cancelled though.  :)

Thank you, ARS! I've sold 3 tradelines so far, though if I count time spent reading the thread as work, I'm probably down to about $50/hr. :)

Haha, good point.

I don't even want to count my time per hour if I take out the research, typing of info, replying to the thread, etc.  I think it's above minimum wage though.  ;)

I also don't typically have a lot of cards open. One thing I'm looking at is getting a new "everyday" card and then using the old one for selling tradelines. It doesn't really matter from a rewards standpoint if my everyday card is 2 years or 2 months old, but it clearly matters from a tradeline standpoint.

Another thing you can do, if you have a SO that you combine finances with (you did say "we"), is get a new version of the same type of card in their name, and moving the one in your name to tradelines.

That's a good idea--if your "everyday card" is eligible for tradelining... get a new everyday card.  :)

Would I need to open one account for me and one account for my wife? (Some of the cards are in my name and some of the cards are in her name)

Yes, though you can use the same email.  But since it's all taxable income, you'll get separate 1099s.  I opened an account for both myself and my wife (with both companies).

Thanks again, Joe. You really take much of your time researching and writing this information out. I feel as though we are mooching off of your efforts. Hopefully, we'll all be able to return the favor in the future or at least help others in the way that you have helped us.

No worries!  I'd be doing the research anyways for my own purposes and peace of mind for enrolling my own cards, so I might as well share it with the community, too!  :)

Also, little side note: You seem to be recommending Credit Karma a lot.
You have a blog.
As a blogger you can apply for affiliate networks.
Credit Karma has affiliate links...
I think it gives you only like 25 cents or so per person signing up.
I'll have to look, I applied with them a few weeks ago.
But anyhoo. If you are planning on writing more about this on the future you may want to consider signing up for that as well.
I bet a lot of folks (including myself) signed up for Credit Karma because of your recommendation...
It's not much in comparison what the other referral fees are, but it's something ;)
Just saying!

As a rule, I'm not a huge fan of affiliate links.

For example, I have a "Best Real Estate" books thread on this forum that I know many MANY people have bought books from.  But I don't use affiliate links.

This (selling tradelines) is an exception because it did take a lot of work to research and share, and because it doesn't decrease your payments either way (actually with the new company, you'll get paid more in two categories).

I recommend Credit Karma because: It's free. It gets you all the information you need for this. It is a good way to track your credit report changes and score in general.  In other words, I like the product, and am happy to recommend them, but my general feeling of not wanting to use affiliate links means I don't use an affiliate link.  It's also why I feel the need to put the disclaimer multiple times, make sure people understand they don't HAVE to put me as a referral, I'll share the info either way, and if they want to use me, they can.

Maybe I'll rethink that not using other affiliate links at some point, but my default is always to provide a non-affiliate link.  :)

Good to know thought, thanks!  Definitely worth thinking about for the blog, since all those profits go to charity.

Do the issuers auto-mail AU cards to the primary address on file? I know ARS moves around a lot, but if you don't want your family or whoever to deal with all this extra mail, does it make sense to wait until location stationary, or is there not really any extra mail to deal with?

Some issue you a card (to your address, not the AU's, of course), some ask if you want a card issued (like Discover), and you can say no (or uncheck a box).  I always go ahead and have them send one, because I feel like it might be a red flag to NOT get one, but I have zero evidence for this.

I use a mail scanning service called TravelingMailbox (http://www.travelingmailbox.com), so I just have them shred it for me.  I've never gotten any mail related to an AU except their card (or the occasional one page letter from a bank confirming "We received your request for an AU, and they've been added).  The extra "mail" amounts to about one piece per tradeline.  How much that is for you depends on how many tradelines you sell.  But quite minimal.

How many authorized users does Chase and Capital One allow?

They allow a LOT.  Like, at least 10, maybe more at a time (99?).  You'll just get shut down quickly.  :)

Those are on the lower end, around 2-3 every 2-3 months (versus, say, Barclays where you can do 3-5 a month).

My big question for you arebelspy - are you selling AU spots on your Chase cards? I got scared away from doing this with Chase by Greg at Camp Mustache! :)

I don't, currently.

I did with the first company a few times, then decided it wasn't worth it because I have a ton of UR points I don't want to disappear if the card is cancelled.  If I ever get those spent down, I'd consider it.

I DID use Chase again with this new company to test it out.  They have a "pairing" system, where you add an AU with another of your cards, and then add them with the Chase, so that the Chase posts correctly, and I wanted to try that out to be able to discuss/recommend it to anyone wanting to sell Chase lines.  But then I removed it again after trying that.



I think I got all the questions, but if I missed something, it wasn't on purpose, just a lot to reply to--feel free to just repost a question if I missed it.  :)

EDIT: Thanks secondcor!  Should have refreshed the thread while typing and saved myself some time.  :)

One caveat on Chase: It is per line (card), but more of those leads to more liklihood they'll notice. While I have multiple B of As enrolled, Discover, etc... I would (and did) only use one Chase card, despite having a lot.  What I did is transfer a bunch of my Chase credit onto one (my oldest) Chase card, and only enroll that.  You can use a bunch, but doing that might help sort of balance and mitigate the risk of getting shut down and still wanting to make money with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on December 29, 2016, 06:15:31 PM
So when signing up, what if I already have 1-2 AUs on the card?  A few I have my wife, or other family member.

Anyone know how to see current AUs on Chase?  It's obvious how to add one, but not how to remove

For Discover, has anyone used the "freeze account" option?

Apologies if this was answered in the old thread. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 29, 2016, 06:36:19 PM
Which CC companies allow you to add and remove AUs online?  I have only used Discovery so far.

Barclays lets you do both, and Chase.

B of A lets you add online, but you have to call to remove.

Capital One can definitely add online, and I think lets you remove, but I can't remember 100%.

Discover, like you said, lets you do both.

Can't say for Citi or any of the other ones, hopefully someone else will chime in.

USAA is a phone call both to add and remove.

Have you had any pushback? I don't know if it's worth doing this with USAA because I don't want to risk losing my insurance policies. Similarly, I wouldn't be doing this was a bank that I had a cehcking or savings account (i'd generally advise against having deposit accounts at banks you use credit with anyway.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VladTheImpaler on December 29, 2016, 06:49:07 PM
Thanks for the write up Arebelspy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 29, 2016, 07:07:00 PM
Which CC companies allow you to add and remove AUs online?  I have only used Discovery so far.

Barclays lets you do both, and Chase.

B of A lets you add online, but you have to call to remove.

Capital One can definitely add online, and I think lets you remove, but I can't remember 100%.

Discover, like you said, lets you do both.

Can't say for Citi or any of the other ones, hopefully someone else will chime in.

USAA is a phone call both to add and remove.

Have you had any pushback? I don't know if it's worth doing this with USAA because I don't want to risk losing my insurance policies. Similarly, I wouldn't be doing this was a bank that I had a cehcking or savings account (i'd generally advise against having deposit accounts at banks you use credit with anyway.)

Yes.  I think I mentioned it in the old thread, but I had three AU's to add to my USAA card - which already had two AUs from the previous month - and was under the impression that it was best if I added one per call.  So I called, added the first new AU, then hung up.  I called back a second time a day later and added the second new AU, then hung up.  When I called to add the final AU, they put me through to a very distrustful fraud guy who asked me quite a number of authentication questions and asked me why I wanted to add so many AU's.  Eventually, though, they did add the final AU.

I bank and have credit at many banks, but my main checking account plus my insurance products are at USAA.  If they close my USAA credit card, that would be OK.  Closing my bank account or my insurance lines would be more problematic.  I haven't heard of the latter happening, but maybe it could.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on December 29, 2016, 07:08:47 PM
Someone asked this above, but with the new company can you request to have less than the maximum number of AU's on each card?  I'd like to do 3-4 instead of 5 just to lower the chances of getting shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 29, 2016, 07:12:31 PM
Someone asked this above, but with the new company can you request to have less than the maximum number of AU's on each card?  I'd like to do 3-4 instead of 5 just to lower the chances of getting shut down.

Absolutely.  Let them know what you would like, and request that they add that to the "notes" field in your file.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on December 29, 2016, 11:50:19 PM
Thanks for the info and all the work on research.

If anyone wants some other data-points, wife and I have had 5 cards active on the "old recommendation" since about August, and have had four tradeline sales in that time for roughly $1000 in revenue. Not bad for some clicking around. I had a quick sale on Chase (which was removed after some changes) and no bites since then, wife has had a few more sales on her cards (higher limits and longer credit histories).

I'm thinking about moving some cards to the "new recommendation", including ones that might not be supported, after gathering more information my self.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 30, 2016, 01:22:25 AM
If anyone wants some other data-points, wife and I have had 5 cards active on the "old recommendation" since about August, and have had four tradeline sales in that time for roughly $1000 in revenue. Not bad for some clicking around. I had a quick sale on Chase (which was removed after some changes) and no bites since then, wife has had a few more sales on her cards (higher limits and longer credit histories).

Yeah, I think a lot of people saw a handful of sales; I think the new company should be able to handle the volume better.  :)

Quote
I'm thinking about moving some cards to the "new recommendation", including ones that might not be supported

What do you mean by this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on December 30, 2016, 01:49:23 AM
Has anyone tried opening new cards from issuers where you already have an open line, waiting six months, and then consolidating the new card's credit limit into the older card? Essentially a way to fast-track into higher payout tiers in combination with normal CLI requests.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 30, 2016, 02:43:03 AM
Has anyone tried opening new cards from issuers where you already have an open line, waiting six months, and then consolidating the new card's credit limit into the older card? Essentially a way to fast-track into higher payout tiers in combination with normal CLI requests.

I didn't open specifically for this, but happy coincidence opened one for travel hacking.  After hitting the minimum spend, I immediately transferred all of its credit (minus a token $1000) to an older card enrolled in tradeline sales.

We did discuss this idea previously, and I toyed with opening just for this purpose, but never did.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on December 30, 2016, 05:25:45 AM
Has anyone tried opening new cards from issuers where you already have an open line, waiting six months, and then consolidating the new card's credit limit into the older card? Essentially a way to fast-track into higher payout tiers in combination with normal CLI requests.

I didn't open specifically for this, but happy coincidence opened one for travel hacking.  After hitting the minimum spend, I immediately transferred all of its credit (minus a token $1000) to an older card enrolled in tradeline sales.

We did discuss this idea previously, and I toyed with opening just for this purpose, but never did.

i did this with my bofa cards but the 2 cards i got were so i could travel hack then before i canceled i consolidated to the other 2 older cards i have in the system.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on December 30, 2016, 07:46:48 AM
I'm thinking about moving some cards to the "new recommendation", including ones that might not be supported

What do you mean by this?
Chase, and cards with limits too small or credit histories too young for "old recommendation" but which would be sold by "new recommendation"

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on December 30, 2016, 07:47:06 AM
starting to salivate... I pm'd you, rebs, send me the referral!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on December 30, 2016, 10:39:26 AM
Has anyone heard anything back from the new company? I sent them an email two days ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on December 30, 2016, 10:42:13 AM
Finally got around to registering so I can become an active member of the MMM community. Well underway on my FIRE journey and 2017 will mark the year when my NW becomes positive. Adding an additional income stream to the mix will certainly help and I cannot wait to put my old cards to good use. Such an incredibly valuable post ARS, thank you kindly!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on December 30, 2016, 10:44:41 AM
Has anyone heard anything back from the new company? I sent them an email two days ago.

I e-mailed them early on 12/29 and heard back before noon that day.  Today I e-mailed again with the required docs and got an auto reply that they are closed until 1/3 for the holiday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 30, 2016, 11:31:50 AM
Has anyone heard anything back from the new company? I sent them an email two days ago.

I e-mailed them early on 12/29 and heard back before noon that day.  Today I e-mailed again with the required docs and got an auto reply that they are closed until 1/3 for the holiday.

I've had a couple of back and forths too, including the signup paperwork.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on December 30, 2016, 12:20:04 PM
:( do you guys email the company directly or submitted an application through their website?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 30, 2016, 12:25:38 PM
I used the email provided by ARS in the PM he sent me when I asked for a referral.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on December 30, 2016, 12:32:51 PM
I sent an email last night and haven't heard back yet either. But that was expected since many are off for the New Year holiday (including me!). I'm sure we'll all hear back next week—it seems like there's plenty to go around. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on December 30, 2016, 01:54:19 PM
I just heard back and was told that they only accept cards of 2+ years age and $10,000+.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on December 30, 2016, 02:11:43 PM
I'm sure they want to spend time with their families instead of responding to emails right now.  I know there's FOMO, but I plan to sign up later in Jan.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on December 30, 2016, 02:26:24 PM
I just heard back from the company. Thanks guys
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 30, 2016, 03:29:02 PM
UPDATE: Because of the surge of demand from Mustachians, they are going to focus initially on enrolling people with cards of 10k+ limits, and 2 years old or older to get them into the system.

Like I mentioned in the OP, cards < 2 years, or with < 10k limit sell much less frequently.  Thus it makes more sense to initially concentrate on getting all the cards that their AUs want enrolled first, so they can be put to use right away.

I'd anticipate this changing back to accepting lower cards once they've got all the higher limit/older cards enrolled and demand for them filled, and I will post an update when that is the case.

(In the meantime, I have updated the original post to mention and link to this update.)

Work on bumping the limits on the cards that are low!  :)

And yes, they are closing for a few days for NYE.  You can feel free to email them in the meantime, just expect a wait until early next week for a reply.  After that, replies should be quick.

Next week will be a busy week for them.  ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 30, 2016, 04:05:32 PM
The form they want us to fill out has a "payment due date" on it. Most of these cards are cards I ahve not used in ages, so they don't have a payment due date. Do I need a statement to close with a balance before I submit a card to them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 30, 2016, 04:11:49 PM
The form they want us to fill out has a "payment due date" on it. Most of these cards are cards I ahve not used in ages, so they don't have a payment due date. Do I need a statement to close with a balance before I submit a card to them?

Lots of times you can go online and look at old statements, which will have the closing date on them.

Sometimes the closing date will be listed in the account information online.

Or you can always call the issuer and ask them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 30, 2016, 04:24:37 PM
The form they want us to fill out has a "payment due date" on it. Most of these cards are cards I ahve not used in ages, so they don't have a payment due date. Do I need a statement to close with a balance before I submit a card to them?

Lots of times you can go online and look at old statements, which will have the closing date on them.

Sometimes the closing date will be listed in the account information online.

Or you can always call the issuer and ask them.

This company seems to want the payment due date rather than the statement close date.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on December 30, 2016, 04:45:15 PM
Quote
This company seems to want the payment due date rather than the statement close date.

I literally just finished the paperwork and sent it in. All of my cards' statements listed the payment due date on old statements. Like you, I haven't used many of the cards in years. I checked my statements online, as I went paperless many years ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 30, 2016, 04:47:43 PM
Sheesh.  No matter how long you spend typing up and rereading stuff, you always forget something!

Yes, thank you for the catch, TJ.

I encountered this same thing in October when I first signed up with them to test it out.

I confirmed (multiple times, because it seemed weird to me) that they want the payment due date, rather than the statement close, and that is correct.

On some cards I had not used in a long time I had to dig up old statements (one from like 2009, IIRC).

One didn't have statements back that far, but I was able to search in my email for an old "Reminder: Your payment is due" email and find it.

Worst case you can either call the CC company and ask what the payment due date is (and even have them move it), or do a small token charge.

So yes, this company wants the payment due date (the old one wanted the statement close date).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MrMonkeyMoustache on December 30, 2016, 06:30:38 PM
Not saying it's not legit, but very suspicious.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 30, 2016, 06:36:34 PM
Not saying it's not legit, but very suspicious.
What is?

Selling tradelines?

It very much sounded crazy too good to be true, possibly illegal, when I first heard of it, too. 

That's why I did all the research initially, to find out how it works, that it is legal, etc.  That led to the first thread.

And then again why I did a lot of research looking for a new company.  Because some do it right, and some don't.  That led to this updated one.

The proof is in the pudding as far as it being legit: Dozens of Mustachians have gotten paid thousands of dollars over the last 5.5 months since I posted the original thread.

It's absolutely real.

If it's not something you're comfortable with though, definitely don't do it.

:)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on December 30, 2016, 06:43:25 PM
Ah, I just got the "only accepting $10k+ and 2yr+" email as well. I have several cards that need another few months and one 2yr+ Chase that needs another ~$4k (though I just requested an increase on it).

Bummer! Will have to wait a bit; hopefully they're still accepting new accounts in July or so!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on December 30, 2016, 06:45:08 PM
I just heard back and was told that they only accept cards of 2+ years age and $10,000+.
I contacted them on 12/29 using email that Arebelspy gave me and sent them my card info.  Have had some back and forth emails since then, and sent them my completed paperwork this afternoon.   I completed a cardholder agreement, a Form W-9, and a copy of a voided check (for sending payments to your checking account) and sent those items back to them first. Yes, i was also told that card must be at least 2 years old and with credit limit of $10,000+.  I was told it would be a week or two for them to put my cards into their system and then they would be contacting me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on December 30, 2016, 06:51:21 PM

So yes, this company wants the payment due date (the old one wanted the statement close date).
Rats.  I think I put the statement closing date on the paperwork I just submitted.  Good thing I am reading the blog.  The table says:  Payment DUE date, not sure why I was putting the closing date.  Will have to fix and resubmit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 30, 2016, 07:39:47 PM
Which CC companies allow you to add and remove AUs online?  I have only used Discovery so far.

Barclays lets you do both, and Chase.

B of A lets you add online, but you have to call to remove.

Capital One can definitely add online, and I think lets you remove, but I can't remember 100%.

Discover, like you said, lets you do both.

Can't say for Citi or any of the other ones, hopefully someone else will chime in.

USAA is a phone call both to add and remove.

Have you had any pushback? I don't know if it's worth doing this with USAA because I don't want to risk losing my insurance policies. Similarly, I wouldn't be doing this was a bank that I had a cehcking or savings account (i'd generally advise against having deposit accounts at banks you use credit with anyway.)

Yes.  I think I mentioned it in the old thread, but I had three AU's to add to my USAA card - which already had two AUs from the previous month - and was under the impression that it was best if I added one per call.  So I called, added the first new AU, then hung up.  I called back a second time a day later and added the second new AU, then hung up.  When I called to add the final AU, they put me through to a very distrustful fraud guy who asked me quite a number of authentication questions and asked me why I wanted to add so many AU's.  Eventually, though, they did add the final AU.

I bank and have credit at many banks, but my main checking account plus my insurance products are at USAA.  If they close my USAA credit card, that would be OK.  Closing my bank account or my insurance lines would be more problematic.  I haven't heard of the latter happening, but maybe it could.

I wouldn't personally risk it. The worst case scenario is that you get blacklisted completely by the financial institution. If they close an inactive credit card, who cares, but if they nuke your insurance policies and hold your deposited cash hostage? No thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on December 31, 2016, 07:28:20 AM
What is the AU cap for Capital One?

Is there a chart somewhere for AU caps and the various banks? I saw the examples in the first post, but only a few banks were used.

Thank you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 31, 2016, 01:56:25 PM
Here is the info I have on that from the owner.  Basically they have a guideline range they use by default, and they won't go higher than that when placing AUs, but you can go higher than that if you want.

Quote
Here is an overview of how many adds we recommend on each card. We can do more if your prefer but that will increase the odds of account closure though.

Citibank: 4-5 adds every other month
Barclays: 4-5 adds every month
Discover: 3 adds every other month
BofA: 2-3 adds every 3 months
Capital One: 2-3 adds every 3 months
US Bank: 3 adds every other month
PNC: 2 adds every other month
Chase: 2-3 adds every 3 months
USAA: 3 AUs every other month

The reason why it's a "range" is because it's not just a limit on how many AUs can be on at once, but a formula on how much "activity" you do, whereby both removals and adds are taken into account.

So if you had no AUs, it'll be at the top of that range. If you had some, and need to remove them, it'll be at the bottom.

Quoting from their CS rep:
Quote
There is a max number of adds/removals a month.  For example - any given month on a Citi - there can only be 6 adds/removals total.  This can effect the max amount of AUs you can add in a month. Barclays is 8.

So, for example, if Barclays is 8, and you have 4 to remove, you can only add 4.  But if you have none to remove, you can add 5 instead.

As I said in the write up, this company has years more experience, so they have developed a more complex formula to help and not get cards cancelled.

Hope that clarifies things!  :)

EDIT: Added in some more details after email response.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: .22guy on December 31, 2016, 02:16:51 PM
Speaking of closures, I have an idea I've been considering.  Would it be better to activate the card and use it for something small?  Like a Redbox movie or bill you were going to pay anyway?  I realize this might be straying slightly closer to the fraud side of the line for some.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 31, 2016, 02:36:21 PM
Speaking of closures, I have an idea I've been considering.  Would it be better to activate the card and use it for something small?  Like a Redbox movie or bill you were going to pay anyway?  I realize this might be straying slightly closer to the fraud side of the line for some.

I wouldn't, personally.

There's just no need.  Closures are so infrequent, if you use a company that does everything right.

Mustachians sold tons of lines in the last 5.5 months, with zero closures (well, one, but that was from someone not using one of the recommended tradeline companies, and then their card got cancelled almost right away--this shows that yes, closures can happen, and shows why it's so important to use good companies). 

With closures so rare, why do something like that?

And there's no evidence that would even help--it might be AU adds/removes (and likely is) that is the red flag, regardless of card usage.  Heck, it could even raise red flags itself (since they can see the address of that AU, and also where the spend is done).

So doing something like that when it's possibly fraudulent, likely unnecessary because cards rarely cancel, and possibly won't even help even if you do...  Why risk it?

It's always up to you what you want to do, of course, just providing why not only I wouldn't, but why I think it's not necessary/helpful.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on December 31, 2016, 04:42:09 PM
That followup on the add/remove formula was incredibly helpful.

Oh, and to add to the data: total earnings with the original company: $900.

One card, 2 credit lines - and I dawdled before signing up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 31, 2016, 05:28:32 PM


That followup on the add/remove formula was incredibly helpful.

Yeah, I had gotten the info before on the fact that the cap is a range, but didn't understand why until this follow-up email.

Thanks for asking, was interesting to find out.

And doesn't surprise me at all about this company, that they have a more involved formula for that which they've developed.  Totally fits with multiple things I like about them.

Quote
Oh, and to add to the data: total earnings with the original company: $900.

One card, 2 credit lines - and I dawdled before signing up.

Nice. :D

I think sales should be even more with this company, as I outlined in the comparison.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on December 31, 2016, 05:49:43 PM
Just emailed asking to enroll 2 of my cards with the "new" company - I am trying the 2 cards that have received the fewest orders with the "old" company - looking forward to seeing how well it works! Definitely *not* looking forward to tracking everything manually - I like the sleek online dashboard of "old" company ;)

Side thought - do you think the companies are reading this thread? Have you told them who "we" are?

My year end totals for the "old" company (to encourage everyone else?):
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 31, 2016, 09:08:07 PM
Just emailed asking to enroll 2 of my cards with the "new" company - I am trying the 2 cards that have received the fewest orders with the "old" company - looking forward to seeing how well it works!

Absolutely worth a shot.  And likely the ones that saw sales at the old one would see even more, but might as well move the lower producers first to see how they do.  :)

Quote
Definitely *not* looking forward to tracking everything manually - I like the sleek online dashboard of "old" company ;)

100% agree, and have expressed this, and the owner is aware that he needs to work on this.  :)

Quote
Side thought - do you think the companies are reading this thread? Have you told them who "we" are?

Both owners definitely are aware of it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on December 31, 2016, 10:50:03 PM
This is fascinating. Thanks for all your work and for sharing it.

Unfortunately I only have 2 cards the oldest of which is 6 months. How likely is this still to be possible in 2 years? 

Also, do you know what factors the cc issuers use in determining credit limit increases?  I requested a bump from $5k to $15k but they (PNC) only gave me $7500. Is it income?  Credit rating? History of usage? Something else?  I figure I have time to work on it.

Thanks again. I'm pretty new to all this stuff.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 01, 2017, 01:45:14 AM
do you know what factors the cc issuers use in determining credit limit increases?  I requested a bump from $5k to $15k but they (PNC) only gave me $7500. Is it income?  Credit rating? History of usage? Something else?  I figure I have time to work on it.

I believe all of those can play a role, yes.  Better to ask for more and see what they'll give you, IMO.


Quote
How likely is this still to be possible in 2 years?

Good question.

You know, when I started this last June, I was thinking this maybe would last a year.  I'd be ecstatic if  it lasted two.

So I didn't open any new cards for this (and told people I probably wouldn't, and that I wasn't, when they asked if they should).  Now I'm second guessing that.

It's been six months, and it's going strong.  Even more importantly, the old recommendation has been in business four years, so I thought, hey, maybe there's a few years left.

But the new recommendation has been in business TEN years.  I specifically asked the owner about the longevity of this stuff, and he says that while things change in the field (carriers get or remove restrictions, they have to provide different documentation, etc.), he doesn't see it going away, just constantly changing.

I'm about to be under 5/24 for Chase soon, and apply for the Sapphire Reserve, but once I get that, I may do a huge app-o-rama for like 10-20 cards for each of us, from a bunch of the different accepted issuers, basically apply for anything as long as it has no annual fee.  Hopefully get a bunch, then request credit increases on them every 3 months, and wait two years.

Then... profit?

It's hard to say it will last for sure, and I'm not counting on it... but I've definitely upgraded my probability of this being around at least 2-3 years as much more likely than not.   No reason to not take advantage of it now, in case it does get cancelled (would be a bummer to keep delaying on doing it, then find out a new law or FICO scoring change makes it not feasible or something, and realize you missed out on six months or a year of tradeline sales just due to procrastination), but I do think it will be here for awhile.

Summary: Six months of "wow, this really does work" combined with "wow, the new recommended company has been doing it a decade" has shifted my opinion to thinking this will be around for a good while yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 01, 2017, 06:02:53 AM
I'm on the fence on applying for many new cards just for piggybacking, sure I might start making more money in a couple of years - but that's going to be more stuff for me to keep an eye on in the meantime.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 01, 2017, 07:16:52 AM
Maybe someone has an answer, but the old recommended company's web portal says they've sold 2 of 2 spots on the Discover card I have on file with them, and the statement date they have is for today the 1st (the real statement date is the 4th).
 Yesterday it said they sold 1 of 2 spots on this card. So are they suggesting they sold a tradeline on New Year's Eve? I sent an email out to investor support yesterday, the 31st, asking if they have a tradeline sale to let me know the info. for adding the authorized user since the deadline for adding the authorized user is like a day or two away. I got no response, which is not surprising given the holiday time.

So are they going to sit on my Discover card for 30 days now, and I'm supposed to add the authorized users by Feb. 1st?  That seems like a long time to state I have tradeline sales, and have me wait to add authorized users, which is frustrating.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Avatar on January 01, 2017, 09:14:29 AM
Arebelspy,What kind of Research do you do?  Can you give tips, so I may do some of my own.

Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 01, 2017, 09:48:46 AM
What's the best Barclays card to sign up for?

Also,  doesn't amazon have a card that gets you prime for free when you sign up?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on January 01, 2017, 10:38:30 AM
This is really fascinating. I am leaning towards giving this a try. I have three cards that might work... a Discover with a $13k limit (2009), a Citi Visa with a $10.1k limit (not sure on year), and a Chase Freedom card that's just under a $10k limit (2012). I don't want to call Chase and ask for a CLI because they're pretty bad about doing hard pulls.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 01, 2017, 12:30:03 PM
For the citi card, does an American Airliens advantage card work or is that considered a "business card"?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 01, 2017, 01:15:37 PM
If there's a closed credit card on my credit report, is it possible to re-open it as opposed to opening a new line of credit?  I have one from 1996 that closed in 2013, for example without me explicitly closing it.  It's a bank of america card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 01, 2017, 01:38:29 PM
1) I Have most of these cards, but for each one, is there one in particular one would recommend opening for use with tradelines?

2) Also, for Bank Of America, does a BofA WORLD POINTs card work for this?  I have one of those too.

3) What about a AAA Bank of America card? (or is this considered a "business card")

Barclays,

Citi,

Discover,

PNC,

USAA,

US Bank,

Bank of America,

Capital One,

Elan Financial,

Worlds Foremost Bank

Chase.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 01, 2017, 01:39:00 PM
If there's a closed credit card on my credit report, is it possible to re-open it as opposed to opening a new line of credit?  I have one from 1996 that closed in 2013, for example without me explicitly closing it.  It's a bank of america card.

Typically it is difficult to re-open a closed card, particularly if it is more than 30 days since it was closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 01, 2017, 01:43:45 PM
This is really fascinating. I am leaning towards giving this a try. I have three cards that might work... a Discover with a $13k limit (2009), a Citi Visa with a $10.1k limit (not sure on year), and a Chase Freedom card that's just under a $10k limit (2012). I don't want to call Chase and ask for a CLI because they're pretty bad about doing hard pulls.

Discover hasn't been doing hard pulls on me and have been slowly bumping up my limit. This summer I started at $3,600 and just yesterday got bumped to $11,200 - you can ask for increases every 60 days.*

Citi just denied my increase requests :( - I need to see if I can reallocate some credit line from the Hilton card to the Doublecash. From what I read, the front-line CSRs (ha!) typically don't know how to handle it.

*Okay, you can ASK more often, but from what I read and experienced, they typically won't raise it. Better to just do it every 60 days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on January 01, 2017, 01:51:43 PM
Thanks for the writeup, arebelspy. I've been following the old thread now and then, so nice to have your summary here.

Two questions:
You might remember that one of the things I liked about this idea was the possibility to help people needing a credit boost who had bad credit through no fault of their own. (for example, medical bills)  I know that there wasn't a way that the old company could specifically send these kinds of AUs my way, but is there such a thing with the new company?

The second question is a general question (but for me more specifically about my one year old Cap One card, which was too young for the old company)  Is there a preferred credit utilization on a particular card?   Is a barely-used card better from these companies' perspectives?  Say that I have a 10K credit limit on a card, and am carrying a 9K balance at 0% interest for 18 months, paying 2x the minimum payment for a while until I decide to pay more aggressively. Might either company be interested in this card?  I also have a mature US Bank card that I use relatively infrequently (something like 5-10% of credit limit, paid off every month). That one was the one I was considering using to sign up with the old company. (I never did).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 01, 2017, 01:54:54 PM
Typically they will want low-usage cards with some usage. IIRC the old company wanted you to stay below 10% utilization, but above $0.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 01, 2017, 01:59:47 PM
I signed up for the AT&T credit card a year or two ago and it's now a citi card.  Could that be used for tradelines or is that also considered a "business card"?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 01, 2017, 02:04:42 PM
I signed up for the AT&T credit card a year or two ago and it's now a citi card.  Could that be used for tradelines or is that also considered a "business card"?

Probably not a business card. Co-branded cards are not business cards. Lots of hotels, airlines, etc co-brand with banks (Hilton Citi card, Marriott Chase card, etc) and are not business cards.

Typically a "Business card" is supposed to be used BY a business. Example: Chase Ink, where you need to own a business to open the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 01, 2017, 02:20:35 PM
I signed up for the AT&T credit card a year or two ago and it's now a citi card.  Could that be used for tradelines or is that also considered a "business card"?

Probably not a business card. Co-branded cards are not business cards. Lots of hotels, airlines, etc co-brand with banks (Hilton Citi card, Marriott Chase card, etc) and are not business cards.

Typically a "Business card" is supposed to be used BY a business. Example: Chase Ink, where you need to own a business to open the card.

That's good to hear. The att card is I believe $95 / year.   Is it typically possible to move that credit line to another card and keep the member since date?  Secondly, if i simply re-open this card, would i maintain the original member since date of a couple of years ago?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 01, 2017, 03:14:03 PM
I signed up for the AT&T credit card a year or two ago and it's now a citi card.  Could that be used for tradelines or is that also considered a "business card"?

Depends on if you have the personal card or the business card. The business card looks like this:

http://www.moneycrashers.com/att-universal-business-card-review/

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on January 01, 2017, 04:21:48 PM
This is really fascinating. I am leaning towards giving this a try. I have three cards that might work... a Discover with a $13k limit (2009), a Citi Visa with a $10.1k limit (not sure on year), and a Chase Freedom card that's just under a $10k limit (2012). I don't want to call Chase and ask for a CLI because they're pretty bad about doing hard pulls.

Discover hasn't been doing hard pulls on me and have been slowly bumping up my limit. This summer I started at $3,600 and just yesterday got bumped to $11,200 - you can ask for increases every 60 days.*

Citi just denied my increase requests :( - I need to see if I can reallocate some credit line from the Hilton card to the Doublecash. From what I read, the front-line CSRs (ha!) typically don't know how to handle it.

*Okay, you can ASK more often, but from what I read and experienced, they typically won't raise it. Better to just do it every 60 days.

Discover has been great about CLIs for me, really - I actually just requested a CLI and they gave me $2k without any issue (now $17.9k on that card).

It seems like Chase has only ever given me one auto CLI on the Freedom card, and everything I'm reading online says they want to do hard pulls. I only need a couple hundred bucks increase to get over the $10k line with that one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rich182x on January 01, 2017, 06:06:56 PM
I sent an email last night and haven't heard back yet either. But that was expected since many are off for the New Year holiday (including me!). I'm sure we'll all hear back next week—it seems like there's plenty to go around. :)

FWIW, I heard back from this company just to see what they would offer, and I got an auto reply (cut and paste info) without them answering my actual question. After I told them I would take my business elsewhere they responded with an apology and explained the received over 120 applications in one day! I am happy with the one on one contact I get with the company I chose before asking ARS what he was pitching (which has been in business for 10 years) and I am worried this company everyone is jumping on now will get diluted and payments will be scarce. Just a thought. I mean, how many people pay for credit boosts??


FIRST POST EVER!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 01, 2017, 06:25:34 PM
FWIW, I heard back from this company just to see what they would offer, and I got an auto reply (cut and paste info) without them answering my actual question. After I told them I would take my business elsewhere they responded with an apology

It's literally New Year's day, give them a little slack.  :)

Seems like it was pretty awesome of them to reply to you individually essentially right away with an apology about that, when they're overwhelmed with replies/interest, and on vacation! 

You can take your business elsewhere, but like I said, I can't find any other companies besides these two recommendations that I'd trust using, and you can see from the earlier response of the person who had his CC cancelled after just a few AUs as to why.  :)

It's absolutely worth researching though, definitely use a company you're comfortable with.

Quote
I am worried this company everyone is jumping on now will get diluted and payments will be scarce. Just a thought.

The vast majority of those who email won't sign up for an account or enroll any cards.

Only a small percent of people I referred to the previous program actually ever took the step of enrolling cards, most just asked out of curiosity, wanting to research more, etc.

Like I outlined in the writeup, I expect them to be able to handle a lot higher volume of tradelines due to the affiliate network they have and have built up over the last decade.  They right now have more demand for cards than they do cards.  Mustachians will help balance that, and may tip it the other way, but it should certainly be better.

So yes, it could happen.  I'm less worried about it here than elsewhere.  And the only solution is to not share this with Mustachians, which I don't care for. See this post as to why:
http://forum.mrmoneymustache.com/moderators-only/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1356360/#msg1356360 (http://forum.mrmoneymustache.com/moderators-only/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1356360/#msg1356360)

Quote
I mean, how many people pay for credit boosts??

Many.  Many, many.

Quote
FIRST POST EVER!!

Welcome to the forums!  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rich182x on January 01, 2017, 06:26:49 PM
I sent an email last night and haven't heard back yet either. But that was expected since many are off for the New Year holiday (including me!). I'm sure we'll all hear back next week—it seems like there's plenty to go around. :)

FWIW, I heard back from this company just to see what they would offer, and I got an auto reply (cut and paste info) without them answering my actual question. After I told them I would take my business elsewhere they responded with an apology and explained the received over 120 applications in one day! I am happy with the one on one contact I get with the company I chose before asking ARS what he was pitching (which has been in business for 10 years) and I am worried this company everyone is jumping on now will get diluted and payments will be scarce. Just a thought. I mean, how many people pay for credit boosts??


FIRST POST EVER!!

Oh! Happy New Year and good luck to all!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 01, 2017, 07:08:14 PM
120 applications...  That sounds very high.

ARS, do you know how many Mustachians signed up with the old recommendation?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 01, 2017, 07:30:45 PM
120 applications...  That sounds very high.

That number is not correct--I haven't even sent that many PMs.

Maybe he means total emails counting back and forth with some people?  Even then, it seems high.  I wasn't going to bother to argue it; I'm guessing a number was just thrown out.  :)

I'm betting he's received maybe a dozen completed applications, maybe two.

It will get up there, though, over the next few weeks.  I'm not worried; like I said, I expect them to be able to handle the volume better.

Like I wrote in the "recommendations" part of the analysis post: there could reach a point where the new company is over-saturated, and the old recommendation gets more AUs, and it makes sense to have the cards with them (or some cards with each).

Right now, all of my cards and my wife's are with the new recommendations, and I have no plans to change that for at least six months, simply because I think that will make me more money.

Quote
ARS, do you know how many Mustachians signed up with the old recommendation?

Yes.

It was a fraction of that number, and that was after multiple weeks across two rounds of signups.

Don't worry about FUD (https://en.wikipedia.org/wiki/Fear,_uncertainty_and_doubt), or let other's worries deter you from taking action.   :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 01, 2017, 08:07:37 PM
What is the impact of a hard pull on your credit score?  Mine is well over 800 from my last Credit Karma report, so I'm not too concerned about it, but was curious if I try to bump several cards up, and they each do a hard pull, which they will, what the impact may be and how long it may take to recover?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 01, 2017, 08:32:31 PM
What is the impact of a hard pull on your credit score?  Mine is well over 800 from my last Credit Karma report, so I'm not too concerned about it, but was curious if I try to bump several cards up, and they each do a hard pull, which they will, what the impact may be and how long it may take to recover?

Minimal.  Slight dip for a month, then bounce back.  Inquiries are a fairly small factor in your report.

I have 12 inquiries from within the last 2 years (yay travel hacking), and my score is 800+.  The wife has 7 or 8, and is 800+.

I may have missed this in the old thread, but do you have any idea if downgraded cards have a new opening date or keep the date from the original card?  I have a Barclay Arrival that I downgraded from an Arrival+ about 6 months ago.  If it uses the original date, the card is 2.5 years old and would be eligible.

A downgraded card should keep all original info, and thus be eligible.  I'd double check it on CreditKarma, or call Barclays to confirm, just to be sure, but you should be fine.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on January 01, 2017, 08:45:53 PM
Thanks for all the new info! 

I may have missed this in the old thread, but do you have any idea if downgraded cards have a new opening date or keep the date from the original card?  I have a Barclay Arrival that I downgraded from an Arrival+ about 6 months ago.  If it uses the original date, the card is 2.5 years old and would be eligible.

Downgraded cards usually have the original card's opening date. You should be able to verify this by looking at records at Credit Karma - you'll see an open line for your Barclay card, and it should list an opening date.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 03, 2017, 07:07:27 AM
my goal is 3k a month on AUs by end of 2017.  based on the cards i have open and their ages that should be easily doable.

remember all this is taxed though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MFG_Hotspur on January 03, 2017, 08:02:08 AM
Does anyone having experience reopening a credit card 6+ after it closes?

I closed a Cit CC back in October that will be 2 years old in July due to the large annual fee and I am thinking asking them to reopen it after I try this out for two of my other cards for a couple months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 03, 2017, 09:06:21 AM
Does anyone having experience reopening a credit card 6+ after it closes?

I closed a Cit CC back in October that will be 2 years old in July due to the large annual fee and I am thinking asking them to reopen it after I try this out for two of my other cards for a couple months.

I don't think you can re-open. I think you'd have to apply for a new account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 03, 2017, 09:14:04 AM
no way to open that card back up. too much time has passed.  citi is becoming increasingly difficult to deal with as well.  you cant transfer credit limit between cards anymore.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kevc on January 03, 2017, 10:38:18 AM
Hey quick question, is this only for the states or can we do this in Canada as wellÉ
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on January 03, 2017, 03:08:42 PM
my goal is 3k a month on AUs by end of 2017.  based on the cards i have open and their ages that should be easily doable.

remember all this is taxed though.

$3k a month would be crazy, and awesome but that is 13 adds per month with well seasoned $20k+ cards. $3k a month for very very little work.

I think ARS' example at $3300/2 months or $1650/mo is more realistic myself as a maximum.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 03, 2017, 03:11:01 PM
Got an email from the new company with the docs for enrollment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on January 03, 2017, 03:19:15 PM
I sent in my enrollment docs over the weekend. Today I got an email thanking me for joining. It said I would be in the system within 1-2 weeks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 03, 2017, 03:34:28 PM
my goal is 3k a month on AUs by end of 2017.  based on the cards i have open and their ages that should be easily doable.

remember all this is taxed though.

$3k a month would be crazy, and awesome but that is 13 adds per month with well seasoned $20k+ cards. $3k a month for very very little work.

I think ARS' example at $3300/2 months or $1650/mo is more realistic myself as a maximum.

It's a big goal, but why not go for it, if you have cards that fit, and/or will be aging into it by then?  :D

Also keep in mind having a spouse can double it for your household.  The wife and I have 6 eligible cards each at the moment (and had we not cancelled a couple a few months before learning about tradelines due to annual fees, we'd have more, and if we hadn't cancelled a bunch prior to leaving the country just for simplicity's sake about 10 months before learning of the tradelines we'd have more like 10-12 each).  CCs can accumulate if you've been building your credit for awhile and then tossing them in drawers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 03, 2017, 03:35:10 PM
Hey quick question, is this only for the states or can we do this in Canada as wellÉ

No, I've never heard of a Canadian tradeline company--I think your credit scores must be reported differently or something.  That's my best guess as to why.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on January 03, 2017, 05:00:48 PM
So how long after the add can you remove the AUs? Is this set by the credit card, the company, or what?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 03, 2017, 05:05:26 PM
So how long after the add can you remove the AUs? Is this set by the credit card, the company, or what?

60 days is typical.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 03, 2017, 05:07:01 PM
So how long after the add can you remove the AUs? Is this set by the credit card, the company, or what?

Usually you keep them on for two months (some issuers that are pickier it's three, to have less chance of raising red flags).  The tradeline company will tell you when to remove them (the old company via the portal, the new one via email).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 03, 2017, 07:47:04 PM
Yep, I have exchanged email with the contact at the new company and I believe I have everything submitted. Had a last-minute CL increase between when I sent my initial email to them and actually submitting the paperwork ($15k -> $20k) thanks to a phone call followup with the CC company after the earlier denial.

FYI, Citi can transfer credit line between cards, but most people at Citi have no idea WTF you are talking about, especially the front line CSRs. I was transferred numerous times and it was quite a long call. Basically once you strip out the "WTF" people it needed to go through: Another credit line increase request -> denied -> transfer credit line from another Citi card.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on January 03, 2017, 08:16:30 PM
Just sent an email to new company and within 30 mins I received the paperwork to complete and send over. Looks like it was an email template, so not surprised that it was that fast, but also appreciated the quick response. I have sent over the necessary information so we will see how fast they process given the recent increase in applications.

Now I just need all my cards to age and credit lines to increase! I was a heavy Citi churner for the past few years (until their rules changed) and often decreased my CL to below $5000 so it would not affect my subsequent applications, now that's backfiring on me! But I have 3 cards with new company and will keep 2 with the old and see how it all goes. Thank you again ARS :)

Update: received receipt of my paperwork 5 mins after sending it over. Really liking the response rate! They mentioned in their response that they have signed up quite a few cards in the last week (hehe) so there's a good chance it'll be 3-4 weeks before they start having orders for me (2 cards with 20K+ limit, 1 card 10K limit; all cards under 4 years of age), but they will come. I'll be curious to see how new company does compared to old. I will report back once I get some sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 03, 2017, 08:45:14 PM
Update: received receipt of my paperwork 5 mins after sending it over. Really liking the response rate! They mentioned in their response that they have signed up quite a few cards in the last week (hehe) so there's a good chance it'll be 3-4 weeks before they start having orders for me (2 cards with 20K+ limit, 1 card 10K limit; all cards under 4 years of age), but they will come. I'll be curious to see how new company does compared to old. I will report back once I get some sales.

Thanks for the data!  We'll track/aggregate it among us over the next 1-2 months.  :)

Someone post when you get an order (I already am, including 3 just a few days ago, but I've been in the system a few months, obviously)--hopefully within the next week, maybe two, but depends on when your closing dates are.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 03, 2017, 09:05:34 PM
I sent my stuff early this morning and they replied around 5pm pacific. They didn't tell me when i will start seeing orders, but I didn't ask.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: mynewchoice on January 04, 2017, 02:12:43 AM
As with the original thread, thank you for sharing all of your detailed research with us ARS.  In reading through this new thread, there were two questions that I have that I did not see anyone ask:

1) With the old company and their original tiers, they paid more for cards over 15 years.  Do you know if the new company does anything like that?  I noticed your rate table mentioned they would quote you for $40k+ limits but it seems the age is not factored for a custom quote.

2) As the new company does everything via email, does that mean that they are sending you the AU's information (address, SSN, etc.) via plain text email messages?  Given their thorough vetting processes that you mentioned, that seems like a glaring security risk to be distributing all of that information via email.

Also, I was checking on the Discover website just now to see what information they ask for when adding an AU (in relation to my question above), and I noticed the following in their FAQ regarding AUs:

Authorized users can report any lost or stolen cards, obtain account information, initiate billing disputes, request statement copies, make payments and inquire about fees.

I am not sure if the AU would need more information than they obtain through this process in order to call and obtain account information, or request a statement copy, but that gives me a little hesitation as I mull that over to see what that could potentially expose to an AU.  I believe the AU will see my name and address on their credit report, or at least I seem to recall reading that previously or discussing that with the old company.

Thanks again for your thorough research and sharing with all of us here!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2017, 05:08:49 AM
As with the original thread, thank you for sharing all of your detailed research with us ARS.  In reading through this new thread, there were two questions that I have that I did not see anyone ask:

1) With the old company and their original tiers, they paid more for cards over 15 years.  Do you know if the new company does anything like that?  I noticed your rate table mentioned they would quote you for $40k+ limits but it seems the age is not factored for a custom quote.

Yes, they likely will.  Cards with high limits and/or high age are open for negotiation, as they're in much higher demand. Email and ask for a custom quote.  :)

Quote
2) As the new company does everything via email, does that mean that they are sending you the AU's information (address, SSN, etc.) via plain text email messages?  Given their thorough vetting processes that you mentioned, that seems like a glaring security risk to be distributing all of that information via email.

Yes, this is the case.  It would be worth bringing up your concerns to the owner.

This is a valid concern, IMO, for an AU.  Obviously you have less at risk as a cardholder, but security in general is a concern when dealing with any of this (the company has your SSN as a cardholder to issue you the 1099), and how the company handles stuff like that may be a deterrent for you.

I will email the owner and inquire about security practices, and follow up here.

EDIT: His response available via PM. Short answer: It is a concern for AUs, not card holders, though they are informed on signup that it will be shared, I'm not sure to the extent, and is one reason why they need to get the portal up and running.

Quote
Also, I was checking on the Discover website just now to see what information they ask for when adding an AU (in relation to my question above), and I noticed the following in their FAQ regarding AUs:

Authorized users can report any lost or stolen cards, obtain account information, initiate billing disputes, request statement copies, make payments and inquire about fees.

I am not sure if the AU would need more information than they obtain through this process in order to call and obtain account information, or request a statement copy, but that gives me a little hesitation as I mull that over to see what that could potentially expose to an AU.  I believe the AU will see my name and address on their credit report, or at least I seem to recall reading that previously or discussing that with the old company.

Theoretically in some cases an AU could do something.  In actuality, they won't have enough information on you to "verify" when they call in, or be able to do anything.

As I said before in the thread:
Quote
The company I recommend has NEVER had an AU get a card and spend money on it, and they've been doing this for ten years. My previous recommendation, who has been in business four years, have also never had that happen.  Fourteen combined years, thousands and thousands of tradeline sales, zero instances of this.  I'm not worried about it happening in the slightest.

That may have been missed by a lot of people, because I put it in the first post (which I tweaked/updated) as new information, but I'm betting a lot of people who read the old thread skipped that first post since 80% of the content was the same.

That (14 years combined experience with thousands and thousands of AUs) personally moved me past the "slightly worried about the theoretical possibility" to "not worried about the actual real world possibility."

But, of course, do what you're comfortable with.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: homestead neohio on January 04, 2017, 06:37:52 AM
Thanks for the write-up.  PM sent.  I did not get in on the old company before they shut down accepting new applicants.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2017, 06:38:18 AM
Update- I submitted my info for just one card (Capitol One, 18 months old, $10k CL) and received this reply:

Quote
Thanks for contacting us but unfortunately we can only accept cards that are at least 2-3 years old AND over $10k limit. Save our information though as we can sign you up in June once your card hits 2 year of age.

This doesn't seem to jive with the payout schedule for New Company that ARS posted at the start of the thread- has anyone else received a similar response?

Please see this post:
http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1358547/#msg1358547 (http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1358547/#msg1358547)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2017, 06:45:56 AM
ugh, must have missed that one, thanks ARS.

No worries, sorry about that!  :)

Exceptions are made if one part is high, even if the other is low... so if you can bump your credit line, he'll likely accept it early, otherwise try again in a few months (or possibly sooner, I will update if that's the case, right now they're just scrambling to enroll all the cards they can that will sell well, then can enroll the others after things slow down).

In other words, right now they want cards that are > 2 yrs, 10k+, BUT cards under 10k, but with a long history might be accepted, or cards well over 20k, but less than 2 years might be accepted. If you have both, great, but a good one of one can make up for a weaker one of the other, if that makes sense.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2017, 07:04:11 AM
I requested a limit increase online, but I haven't used the card in a while. This might be a deterrent.

I have a young Cap One card with a $30k limit. After I get a decision on the increase for the first card, I'll call to have this limit transferred to my older card. I may have missed posts about this, but does anyone know if Cap One is strict about doing this?

Might as well request an increase on the newer one, too, before you transfer the credit over.  :)

As far as transferring it, it's easy with Capital One, you can even do it online!
http://www.doctorofcredit.com/you-can-now-consolidatereallocate-credit-limits-with-capital-one-online-and-close-cards/ (http://www.doctorofcredit.com/you-can-now-consolidatereallocate-credit-limits-with-capital-one-online-and-close-cards/)

Rules for all card issuers regarding transferring credit:
http://www.doctorofcredit.com/rules-for-reallocating-your-credit-limit-with-each-credit-card-issuer/
 (http://www.doctorofcredit.com/rules-for-reallocating-your-credit-limit-with-each-credit-card-issuer/)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2017, 07:20:17 AM


yeah I tried increasing the CL online but got the same response as MJ, because the card has had very little activity in the past year or so. I may try calling to see if they'll reconsider but I don't expect much without more (recent) activity on the card. Looks like the CL consolidation requires cards to have been open for 6 months, so I'm gonna look for a new Capital One card to sign up for tonight, and then 6 months from now I can close that and add its CL to my existing one, which will at that point be 2 years old.

Unfortunately my other cards are Chase/AmEx so this is the only card I have right now that I can use.

Good plan.  Only don't close the old one. Just transfer all of its credit except for like $500, and leave it open.  Then you'll have two you can be asking for line increases on, and a second one to age and eventually enroll (splitting some credit back, if necessary).

And once you have this card eligible, Chase will work too (it just needs another card with it), though Chase is riskier.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on January 04, 2017, 08:15:29 AM
I sent in the paperwork this morning to enroll my first card (2.5 years old, Barclays, $20k limit). This will be a fun experiment!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MEJG on January 04, 2017, 08:33:01 AM
What is the current thinking with Chase?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2017, 08:37:54 AM
What is the current thinking with Chase?

1) You need another (non-Chase) card with it, and lines on both have to be sold, so that the Chase will show up correctly (it doesn't report on its own, but another card showing up on the AU's report will help the Chase "link" correctly via this paired card).

2) Chase is the riskiest one to use, as they tend to cancel cards more often than other providers.  Thus you only do 2-3 sales every 3 months (versus, say, Barclays that's 4-5 every month).

I am not doing any Chase sales (though I did do some with the new company to test out the "pairing" process, I then requested my open lines on them be dropped to zero) because I have over 500k in Ultimate Rewards (5k cash if I wanted to redeem it as statement credits, otherwise a lot of travel) that I don't want to risk disappearing if our cards are closed.

If and when I spend all that, I'll consider enrolling my Chase cards again. I have cards enrolled I don't care if they get cancelled (Capital One, Barclays, B of A, etc.).  If you're okay with your Chase cards being cancelled, you can use them, but they are higher risk.

Does that answer your question, or did you mean something else?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MEJG on January 04, 2017, 08:41:29 AM
That answered it ARS.  I was wondering about risk being the same or different with Chase and the new company.  We cannot afford to lose our Chase accounts so I won't be using them.  Which is a shame since that leaves us with 2 cards to use, a Citi and a Capital One.  We will have a BOA to use in 9 months, but we just started churning for rewards this summer so will have more in a couple years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2017, 08:43:16 AM
Yeah, the old company is not accepting Chase at all anymore.  They're a hassle.  Too bad.

For anyone who does have good Chase cards and is okay with the risk. it's good money.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on January 04, 2017, 09:15:41 AM
So far [MOD EDIT: Company info redacted] has been great to work with. I just sent in my paperwork. I decided to leave off the Chase cards and only do my USAA card for now. Need to open more credit cards apparently! Looking forward to extra dollars!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 04, 2017, 10:41:01 AM
All set up with the new company. Thanks again ARS for all the info. Was told not to expect any sales until February because of my payment date, but sold a spot already. USAA asked a bit more questions than I anticipated (single, married etc, contact info). But it still went smoothly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 04, 2017, 12:03:41 PM
All set up with the new company. Thanks again ARS for all the info. Was told not to expect any sales until February because of my payment date, but sold a spot already. USAA asked a bit more questions than I anticipated (single, married etc, contact info). But it still went smoothly.

Does the new company provide all of the info that USAA requires?  It sounds like it...

Also, as an FYI to everyone, the new company does not monitor the age of your account and automatically bump your payouts as they age past the 2- and 8-year marks.  You have to manually notify them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 04, 2017, 01:19:09 PM
Quote
Obviously you have less at risk as a cardholder, but security in general is a concern when dealing with any of this (the company has your SSN as a cardholder to issue you the 1099)

If you're concerned about the security of this, just get an EIN. It's free from the IRS and I have one entirely so that I don't have to give out my SSN for various freelancing opportunities. If my EIN gets compromised, I suppose that would suck, but not as bad as my SSN.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 04, 2017, 01:45:46 PM
Quote
Obviously you have less at risk as a cardholder, but security in general is a concern when dealing with any of this (the company has your SSN as a cardholder to issue you the 1099)

If you're concerned about the security of this, just get an EIN. It's free from the IRS and I have one entirely so that I don't have to give out my SSN for various freelancing opportunities. If my EIN gets compromised, I suppose that would suck, but not as bad as my SSN.

Rolled my paperwork into a password protected zip, emailed that and phoned in the password.

EIN tip is great, i never looked into that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on January 04, 2017, 01:48:58 PM
Quote
Obviously you have less at risk as a cardholder, but security in general is a concern when dealing with any of this (the company has your SSN as a cardholder to issue you the 1099)

If you're concerned about the security of this, just get an EIN. It's free from the IRS and I have one entirely so that I don't have to give out my SSN for various freelancing opportunities. If my EIN gets compromised, I suppose that would suck, but not as bad as my SSN.

Rolled my paperwork into a password protected zip, emailed that and phoned in the password.

EIN tip is great, i never looked into that.

Yeah I would at least password protect it.  Not foolproof, but prevents random intermediaries from just skimming the info
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on January 04, 2017, 02:24:00 PM
I actually asked the company if they had a safe upload for the paperwork as I had similar concerns as some other posters.
They suggested I just fax it, which I did.
They confirmed the reception the first day they were back in the office.

HTH someone!

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2017, 04:19:41 PM


Was told not to expect any sales until February because of my payment date, but sold a spot already.

Wow, that was fast.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on January 04, 2017, 04:49:59 PM
Quote
Obviously you have less at risk as a cardholder, but security in general is a concern when dealing with any of this (the company has your SSN as a cardholder to issue you the 1099)

If you're concerned about the security of this, just get an EIN. It's free from the IRS and I have one entirely so that I don't have to give out my SSN for various freelancing opportunities. If my EIN gets compromised, I suppose that would suck, but not as bad as my SSN.

This is a solid recommendation. Thanks for sharing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 05, 2017, 06:30:33 AM


Was told not to expect any sales until February because of my payment date, but sold a spot already.

Wow, that was fast.  :)

Yes it was. Could be the 20k+ limit and the fact that the card is over 10 years old now. Sold another last minute spot. Hope they don't ask more personal questions about the AU (like weather they are single or not).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 05, 2017, 07:09:26 AM
All set up with the new company. Thanks again ARS for all the info. Was told not to expect any sales until February because of my payment date, but sold a spot already. USAA asked a bit more questions than I anticipated (single, married etc, contact info). But it still went smoothly.

Does the new company provide all of the info that USAA requires?  It sounds like it...

Also, as an FYI to everyone, the new company does not monitor the age of your account and automatically bump your payouts as they age past the 2- and 8-year marks.  You have to manually notify them.

I think USAA was just asking general questions. They asked me if they were a military veteran as well. I think they were looking to recruit more folks to USAA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: d4future on January 05, 2017, 08:11:04 AM
got setup with new company also. I have an LLC which I use for all these freelancing/side gigs projects so I don't have to share my SSN with everyone and their grandma.

Thanks arebelspy for the recommendation!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 05, 2017, 08:39:56 AM
after travel hacking the last few years its very interesting to me personally how my new selections of signups are revolving around what will get me the most bang for my buck with adding AUs ... i no longer care as much about the sign up bonuses
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 05, 2017, 09:08:14 AM
after travel hacking the last few years its very interesting to me personally how my new selections of signups are revolving around what will get me the most bang for my buck with adding AUs ... i no longer care as much about the sign up bonuses

Yep. Although our travel hacking has slowed a bit. Just 1 or 2 cards here and there now. Definitely not closing cards down as often.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on January 05, 2017, 11:06:01 AM
Quote
Obviously you have less at risk as a cardholder, but security in general is a concern when dealing with any of this (the company has your SSN as a cardholder to issue you the 1099)

If you're concerned about the security of this, just get an EIN. It's free from the IRS and I have one entirely so that I don't have to give out my SSN for various freelancing opportunities. If my EIN gets compromised, I suppose that would suck, but not as bad as my SSN.

Do you need to have the cards registered to the EIN? Or what is the advantage of establishing an EIN?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 05, 2017, 11:21:48 AM
Quote
Obviously you have less at risk as a cardholder, but security in general is a concern when dealing with any of this (the company has your SSN as a cardholder to issue you the 1099)

If you're concerned about the security of this, just get an EIN. It's free from the IRS and I have one entirely so that I don't have to give out my SSN for various freelancing opportunities. If my EIN gets compromised, I suppose that would suck, but not as bad as my SSN.

Do you need to have the cards registered to the EIN? Or what is the advantage of establishing an EIN?

unless you already have something setup for something like that the costs wont be worth it.  i'd assume you'd have to claim as a company if you did that vs misc income making you responsible for all the FICA taxes on your money in addition to federal and state income taxes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 05, 2017, 03:50:14 PM
Quote
Obviously you have less at risk as a cardholder, but security in general is a concern when dealing with any of this (the company has your SSN as a cardholder to issue you the 1099)

If you're concerned about the security of this, just get an EIN. It's free from the IRS and I have one entirely so that I don't have to give out my SSN for various freelancing opportunities. If my EIN gets compromised, I suppose that would suck, but not as bad as my SSN.

Do you need to have the cards registered to the EIN? Or what is the advantage of establishing an EIN?


The EIN is for the purpose of not giving your SSN on the W9 to the tradeline company, it has nothing to do with your credit cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on January 05, 2017, 05:01:02 PM
Emailed with all info required have not heard back yet either. Wondering if they got maxed out already?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on January 05, 2017, 05:21:50 PM
Emailed with all info required have not heard back yet either. Wondering if they got maxed out already?
I emailed my initial information yesterday morning and received a response in the evening. It may take longer than 'usual' for them to respond as they certainly have a good problem on their hands processing the elevated MMM traffic.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 05, 2017, 05:34:11 PM
With all the mustachian volume, pretty soon we're going to need a 3rd tradeline company recommendation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 05, 2017, 05:49:38 PM
Emailed with all info required have not heard back yet either. Wondering if they got maxed out already?
I emailed my initial information yesterday morning and received a response in the evening. It may take longer than 'usual' for them to respond as they certainly have a good problem on their hands processing the elevated MMM traffic.

Yup, this.

If you don't hear back within 24 hours though, it probably slipped through the cracks, and following up is fine.

With all the mustachian volume, pretty soon we're going to need a 3rd tradeline company recommendation.

Hah. 

I think we have enough volume for the supply side of our own company, but the more difficult part--finding AUs, verifying them, and doing it all securely--remains a bigger problem.  Let the experienced guys handle that, IMO.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on January 05, 2017, 06:35:06 PM
We could do a mustachian AU swap, where people who want to boost their scores before a refi give reciprocal AUs on their highest-valued cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 05, 2017, 06:37:47 PM
We could do a mustachian AU swap, where people who want to boost their scores before a refi give reciprocal AUs on their highest-valued cards.

Once you're past like 750, there's no extra benefit for credit boost.  May be helpful for some here, but I'm betting most of us are well past that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on January 05, 2017, 08:00:04 PM
Emailed with all info required have not heard back yet either. Wondering if they got maxed out already?
emailed again, got response within a few hours. All good.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on January 05, 2017, 08:07:05 PM
We could do a mustachian AU swap, where people who want to boost their scores before a refi give reciprocal AUs on their highest-valued cards.

Once you're past like 750, there's no extra benefit for credit boost.  May be helpful for some here, but I'm betting most of us are well past that.

What would a fellow mustachian give in exchange for pigtailing on my credit score? Would it be the same fee charged by the trade line company? Or would it be a non-monetary form of compensation?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 05, 2017, 08:11:44 PM
He said swap, so I assume it would be in the case of both refinancing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 05, 2017, 08:37:16 PM
We could do a mustachian AU swap, where people who want to boost their scores before a refi give reciprocal AUs on their highest-valued cards.

Once you're past like 750, there's no extra benefit for credit boost.  May be helpful for some here, but I'm betting most of us are well past that.

Shoot, with 5 hard pulls listed and 3 new cards in the past 6 months, Discover says I'm at 844, while Credit Karma is a more reasonable 825/829
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 05, 2017, 08:56:03 PM
We could do a mustachian AU swap, where people who want to boost their scores before a refi give reciprocal AUs on their highest-valued cards.

Once you're past like 750, there's no extra benefit for credit boost.  May be helpful for some here, but I'm betting most of us are well past that.

Shoot, with 5 hard pulls listed and 3 new cards in the past 6 months, Discover says I'm at 844, while Credit Karma is a more reasonable 825/829

I don't think either of those are real fico's. Isn't the max 800?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 05, 2017, 09:19:57 PM
We could do a mustachian AU swap, where people who want to boost their scores before a refi give reciprocal AUs on their highest-valued cards.

Once you're past like 750, there's no extra benefit for credit boost.  May be helpful for some here, but I'm betting most of us are well past that.

Shoot, with 5 hard pulls listed and 3 new cards in the past 6 months, Discover says I'm at 844, while Credit Karma is a more reasonable 825/829

I don't think either of those are real fico's. Isn't the max 800?

It used to be.  The new Vantage scores go up to 850.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on January 05, 2017, 09:46:36 PM
I emailed this afternoon at 2pm PST with a simple,

"Hello, Any update on the process? I'm chomping at the bit here! Thanks!"

He responded 4 hours later with

 "Hi Alex, Ha ha, I don't blame you! Joe has referred has referred hundreds of cards/cardholders over the last week. You got in early but there were a good 30-40 ahead of you but my guess is 1-2 weeks till we can get you some adds."

So, we're in business!


[Mod Edit: Company info removed.]
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 06, 2017, 12:08:05 AM
I got 9 AU adds today (5 on my wife's Barclays, 4 on mine, one opened June 2014, 15k limit, the other opened Aug 2014, 15.5k limit), so they're still cranking away over there.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 06, 2017, 05:36:03 AM
I got 9 AU adds today (5 on my wife's Barclays, 4 on mine, one opened June 2014, 15k limit, the other opened Aug 2014, 15.5k limit), so they're still cranking away over there.  :)

Dang!!! Wish I had more cards to use. My wife is always skeptical of these little endeavors so I am a little hesitant in asking to use her card. However, she was hesitant of churning at first but loves it now.

I've only got 2 AU adds so far. But happy with that for now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 06, 2017, 05:42:36 AM
We could do a mustachian AU swap, where people who want to boost their scores before a refi give reciprocal AUs on their highest-valued cards.

Once you're past like 750, there's no extra benefit for credit boost.  May be helpful for some here, but I'm betting most of us are well past that.

Shoot, with 5 hard pulls listed and 3 new cards in the past 6 months, Discover says I'm at 844, while Credit Karma is a more reasonable 825/829

I don't think either of those are real fico's. Isn't the max 800?

It used to be.  The new Vantage scores go up to 850.

No. The cap has always been 850. Very few people even see 800 because they fuck up along the way.

But I have a very long and deep credit history without a single late payment. Multiple mortgages, car loans, and 3 of my credit cards are over 20 years old. Utilization is below 5%

All 3 are listed as an 850 scale, just as it was when Fair Isaac introduced it in 1989.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 06, 2017, 05:53:50 AM

still none are real FICOs have to do a hard pull to get your real scores they just try to match what they think the formulas are.  My mortgage broker friends hate those sites b/c they always skew high and give people a false sense of where they are.  you can assume 30-50 points lower than CK in most cases.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 06, 2017, 05:56:42 AM
CreditKarma and Mint just give an estimate, but some of my CCs claim to give an actual FICO (Barclays).

From an email I got earlier today:
Quote
There's been a change in your FICO® Score, "the score lenders use". To view your updated credit score at no cost, please visit www.BarclaycardUS.com/servicing/score, log in to your credit card account, and select "Tools". This Alert and complimentary online credit score access are available to you as a Barclaycard Arrival™ World MasterCard® Cardmember

I don't think they could use FICO (and the registered trademark) unless it actually IS the FICO score.  I could be wrong, but I think many are estimates, like you guys are saying, but some actually are FICO scores.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 06, 2017, 06:03:09 AM
CreditKarma and Mint just give an estimate, but some of my CCs claim to give an actual FICO (Barclays).

From an email I got earlier today:
Quote
There's been a change in your FICO® Score, "the score lenders use". To view your updated credit score at no cost, please visit www.BarclaycardUS.com/servicing/score, log in to your credit card account, and select "Tools". This Alert and complimentary online credit score access are available to you as a Barclaycard Arrival™ World MasterCard® Cardmember

I don't think they could use FICO (and the registered trademark) unless it actually IS the FICO score.  I could be wrong, but I think many are estimates, like you guys are saying, but some actually are FICO scores.

Sure, but even within FICO there are 4 different generations of scoring methodology current active, and each of the credit bureaus has a slightly different data set - potentially giving you 12 different "FICO" numbers.

When we got our last mortgage, the one the banker hard pulled was an 816 - highest she had ever seen, apparently. That was awhile ago, I have a considerably longer history now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NoStacheOhio on January 06, 2017, 09:22:34 AM
So I've been following these threads for a little while, and I was wondering if store cards issued by an eligible bank (Home Depot/Citi in this case) work for this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 06, 2017, 09:58:52 AM
So I've been following these threads for a little while, and I was wondering if store cards issued by an eligible bank (Home Depot/Citi in this case) work for this?

ARS's epic post identifies which issuers the old and new company will use.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 06, 2017, 11:18:34 AM
So I've been following these threads for a little while, and I was wondering if store cards issued by an eligible bank (Home Depot/Citi in this case) work for this?

Cobranded cards generally work fine. It's a Citi card. Citi handles everything. Sure, they slap the Home Depot name on it and probably have a discount deal for HD charges.

For tradelines it should not matter. Except for the Costco card. I have been told conflicting things with that one and should ask the tradelines company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on January 06, 2017, 12:09:08 PM
The new company told me that the Citi Costco card wouldn't work unless the AUs were also Costco members. Since I don't have any cards (yet) that fit the current 2yr/+$10k parameters, I didn't press for any clarity about whether or not they'd ask for Costco membership information or if that meant they didn't do Costco cards at all.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on January 06, 2017, 12:13:57 PM
Thanks for doing all the research ARS.
I only have 2 cards that are aged enough, (right now, but more in the pipeline!) but I was able to bump up their credit limits and Ive send my referral email to the new company.

The last company only gave me 1 sale in 4 months (admittedly I joined around august when they had their peak mustachian onslaught).

So Im hopeful for this new one!

Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 06, 2017, 01:12:33 PM
The new company told me that the Citi Costco card wouldn't work unless the AUs were also Costco members. Since I don't have any cards (yet) that fit the current 2yr/+$10k parameters, I didn't press for any clarity about whether or not they'd ask for Costco membership information or if that meant they didn't do Costco cards at all.

I looked it up, it is in the card's ToS. Mine is 2004, $16k limit. No dice though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 06, 2017, 01:25:15 PM
Submitted every card I have that is eligible. He even took a couple less than a year old due to the limits ($20k and $30k). They will pay a little less until they hit a year, but still worth it.

All told, if I get the maximum number of adds each month I will be somewhere in the $1650/mo range! With all the new cards they have, he said it will probably be 2-4 weeks until I get my first add. Can't wait to get going with this, will definitely help curl the ends of my 'stache a little bit!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on January 06, 2017, 02:08:17 PM
The new company told me that the Citi Costco card wouldn't work unless the AUs were also Costco members. Since I don't have any cards (yet) that fit the current 2yr/+$10k parameters, I didn't press for any clarity about whether or not they'd ask for Costco membership information or if that meant they didn't do Costco cards at all.

I looked it up, it is in the card's ToS. Mine is 2004, $16k limit. No dice though.

What's in the card's TOS specifically? That AUs have to be Costco members? If so, theoretically the new company could ask for that information at some point during the process and, if yes, open up available cards to purchase spots on as a result. That's what I meant—the new company didn't seem to have a hard line about "we don't accept Costco cards", just "it wouldn't work unless the AU has a Costco membership".
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 06, 2017, 02:22:05 PM
The new company told me that the Citi Costco card wouldn't work unless the AUs were also Costco members. Since I don't have any cards (yet) that fit the current 2yr/+$10k parameters, I didn't press for any clarity about whether or not they'd ask for Costco membership information or if that meant they didn't do Costco cards at all.

I looked it up, it is in the card's ToS. Mine is 2004, $16k limit. No dice though.

What's in the card's TOS specifically? That AUs have to be Costco members? If so, theoretically the new company could ask for that information at some point during the process and, if yes, open up available cards to purchase spots on as a result. That's what I meant—the new company didn't seem to have a hard line about "we don't accept Costco cards", just "it wouldn't work unless the AU has a Costco membership".

I suspect they have more than enough low hassle cards coming in at the moment...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on January 06, 2017, 03:38:13 PM
The new company told me that the Citi Costco card wouldn't work unless the AUs were also Costco members. Since I don't have any cards (yet) that fit the current 2yr/+$10k parameters, I didn't press for any clarity about whether or not they'd ask for Costco membership information or if that meant they didn't do Costco cards at all.

I looked it up, it is in the card's ToS. Mine is 2004, $16k limit. No dice though.

What's in the card's TOS specifically? That AUs have to be Costco members? If so, theoretically the new company could ask for that information at some point during the process and, if yes, open up available cards to purchase spots on as a result. That's what I meant—the new company didn't seem to have a hard line about "we don't accept Costco cards", just "it wouldn't work unless the AU has a Costco membership".

I suspect they have more than enough low hassle cards coming in at the moment...

A fair point, that. :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on January 06, 2017, 06:33:58 PM
Quick question - how quickly does the "new" company expect you to add an AU, 24 hours? 48 hours? Basically, how far ahead of time do you receive the order?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 06, 2017, 06:56:10 PM
Quick question - how quickly does the "new" company expect you to add an AU, 24 hours? 48 hours? Basically, how far ahead of time do you receive the order?

Typically 3-4 days. The email I got yesterday (Thurs in the States) said to add by Monday.

I've had longer, can't remember if I had shorter, as I almost always do it right away. But that's the typical range, I believe.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 06, 2017, 06:59:56 PM
I got 9 AU adds today (5 on my wife's Barclays, 4 on mine, one opened June 2014, 15k limit, the other opened Aug 2014, 15.5k limit), so they're still cranking away over there.  :)

Wow!  I only have 1 card enrolled on the old recommendation.  It happens to be a Barclays also.  It seems like they are one of the easiest for AUs.  I may get a couple of their cards for DW and I so they can start aging.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 07, 2017, 05:48:17 AM
Quick question - how quickly does the "new" company expect you to add an AU, 24 hours? 48 hours? Basically, how far ahead of time do you receive the order?

Seems to depend. I got an order for a single AU and added right away. They were appreciative of the quick response and I got another one that they requested be added that day because of my cards closing date.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 07, 2017, 06:05:05 AM
Quick question - how quickly does the "new" company expect you to add an AU, 24 hours? 48 hours? Basically, how far ahead of time do you receive the order?

Seems to depend. I got an order for a single AU and added right away. They were appreciative of the quick response and I got another one that they requested be added that day because of my cards closing date.

That's a good point, I have got a few "last minute" adds, typically on ones I've already added to.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 07, 2017, 06:47:36 AM
Well, all my cards close within the next 10 days - hopefully they're listed by now and I'll get some of those last-minute orders :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 07, 2017, 07:31:40 AM
Does anyone else have trouble with adding users on Discover's website?  IF you don't type in the authorized user's  address correctly in the format that Discover likes, it claims the "physical address" is incorrect. You can try to retype the address in different ways and still get the same outcome, it's like their software has no common sense. I have had a couple of users declined because of this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 07, 2017, 07:34:58 AM
Does anyone else have trouble with adding users on Discover's website?  IF you don't type in the authorized user's  address correctly in the format that Discover likes, it claims the "physical address" is incorrect. You can try to retype the address in different ways and still get the same outcome, it's like their software has no common sense. I have had a couple of users declined because of this.

Yes, I've had that happen, but now I always tweak the address to what they want (I think matches US postal regulations or something?), and never had an AU not show up correctly.

Once with the old company I had to email for clarification on an address, but now just manually tweak myself.

For example, I use "APT" instead of #, if they're like "123 Main Street #54."

Also I put APT and the number in Barclays, too, in the main line, even though they have a separate box for apartment (I just ignore that, and put it on the main line).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on January 07, 2017, 07:47:14 AM
Are you guys geting notified by the owner when you have to add an AU? Or the company?


MOD EDIT: Company info redacted.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 07, 2017, 07:52:31 AM
Are you guys geting notified by the owner when you have to add an AU? Or the company?

No, there's several employees handling different things.

The person who emails you the AU info is not the main point of contact you've been using (though he is CC'd, and you'll reply all confirming when you've added the AU(s)).

PM if you'd like more details, or you'll see when you get your first AU add.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Fireball on January 07, 2017, 08:13:41 AM

still none are real FICOs have to do a hard pull to get your real scores they just try to match what they think the formulas are.  My mortgage broker friends hate those sites b/c they always skew high and give people a false sense of where they are.  you can assume 30-50 points lower than CK in most cases.

I have a team of people that work for me where all they do everyday is respond to credit disputes. About 10% of their work is due to CreditKarma giving borrowers inaccurate information. I agree with your friend, those sites suck donkey $@#&!.

PS - If anyone has any credit reporting or dispute type questions, feel free to PM me. Credit reporting is a big part of my daily life(yay - lol).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LifeHappens on January 07, 2017, 09:36:09 AM
I need to call Citi and ask for a credit line increase. I have an old Forward card with them that had a $7000 credit limit. I asked for an increase on the web page and they bumped me to $8900. Obviously, I want to get it above $10,000 to use for this, but I've never called and asked for an increase before.

Are there any questions I should be prepared for, such as why I want a further increase?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on January 07, 2017, 10:37:52 AM
Typically 3-4 days. The email I got yesterday (Thurs in the States) said to add by Monday.

I've had longer, can't remember if I had shorter, as I almost always do it right away. But that's the typical range, I believe.

Thanks everyone for the info on lead times.

Another quick question on the new company - their FAQ says that if you can't add an AU's SSN online, then you need to call to add it. The old company directed me to not worry about the SSN for Barclay (after the SSN option was removed from the online add), as long as I included their address. ARS & others, are you calling in to add the SSN for Barclay card adds after adding them online with the new company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on January 07, 2017, 12:57:12 PM
Well, I submitted my application today. We will see when I get my first sale. I've only got two cards I'm willing to test this out with. There's two cards in my wife's names I would be willing to use as well, but she's not ready.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: westtoeast on January 07, 2017, 02:28:51 PM
Posting to follow-- I'm close to having had one of my eligible cards long enough to qualify and will hopefully do this soon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 07, 2017, 02:33:39 PM
The last response I received was on 1/4 saying they'd received my bank account info. I've had no responses to any of my follow ups since so I assume I'm signed up and good to go and will patiently wait. If you call them, you'll typically go to a voicemail that's full so it's clear they are very busy.

I'm chomping at the bit to see how this goes so hopefully I'm fully enabled in their queue :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 07, 2017, 04:38:53 PM
I need to call Citi and ask for a credit line increase. I have an old Forward card with them that had a $7000 credit limit. I asked for an increase on the web page and they bumped me to $8900. Obviously, I want to get it above $10,000 to use for this, but I've never called and asked for an increase before.

Are there any questions I should be prepared for, such as why I want a further increase?

Nah.  AUs shouldn't have anything to do with limit increase, obviously.  They'll just want you to repeat the same info you put in online (annual income, length of employment, your address, etc.).

Just call and let them know the credit increase you got online wasn't what you were looking for, and ask if they can bump it.  Good luck, let us know how it turns out!  :)



Typically 3-4 days. The email I got yesterday (Thurs in the States) said to add by Monday.

I've had longer, can't remember if I had shorter, as I almost always do it right away. But that's the typical range, I believe.

Thanks everyone for the info on lead times.

Another quick question on the new company - their FAQ says that if you can't add an AU's SSN online, then you need to call to add it. The old company directed me to not worry about the SSN for Barclay (after the SSN option was removed from the online add), as long as I included their address. ARS & others, are you calling in to add the SSN for Barclay card adds after adding them online with the new company?

I do indeed do my Barclays online, with the address, though the company asks you to call in and add SSNs, I have not had an issue doing it that way so far.  The paranoid wanting to make sure they get the money should add the SSN to make SURE it reports.  I call it "good enough."  YMMV, and keep in mind it would be a bummer to lose $200 or whatever cause you didn't want to make a 5 minute phone call, so probably better to listen to the company than me.  Just confirming that's what I do.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 07, 2017, 06:23:11 PM
CreditKarma and Mint just give an estimate, but some of my CCs claim to give an actual FICO (Barclays).

From an email I got earlier today:
Quote
There's been a change in your FICO® Score, "the score lenders use". To view your updated credit score at no cost, please visit www.BarclaycardUS.com/servicing/score, log in to your credit card account, and select "Tools". This Alert and complimentary online credit score access are available to you as a Barclaycard Arrival™ World MasterCard® Cardmember

I don't think they could use FICO (and the registered trademark) unless it actually IS the FICO score.  I could be wrong, but I think many are estimates, like you guys are saying, but some actually are FICO scores.

Sure, but even within FICO there are 4 different generations of scoring methodology current active, and each of the credit bureaus has a slightly different data set - potentially giving you 12 different "FICO" numbers.

When we got our last mortgage, the one the banker hard pulled was an 816 - highest she had ever seen, apparently. That was awhile ago, I have a considerably longer history now.

As a followup, I activated the Fico check on my BoA card, it claims to be an actual FICO 8 calculation with the registered trademark any everything, using TransUnion for the report. Tied with Discover at 844/850
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on January 07, 2017, 10:00:31 PM
I need to call Citi and ask for a credit line increase. I have an old Forward card with them that had a $7000 credit limit. I asked for an increase on the web page and they bumped me to $8900. Obviously, I want to get it above $10,000 to use for this, but I've never called and asked for an increase before.

Are there any questions I should be prepared for, such as why I want a further increase?

Nah.  AUs shouldn't have anything to do with limit increase, obviously.  They'll just want you to repeat the same info you put in online (annual income, length of employment, your address, etc.).

Just call and let them know the credit increase you got online wasn't what you were looking for, and ask if they can bump it.  Good luck, let us know how it turns out!  :)



Typically 3-4 days. The email I got yesterday (Thurs in the States) said to add by Monday.

I've had longer, can't remember if I had shorter, as I almost always do it right away. But that's the typical range, I believe.

Thanks everyone for the info on lead times.

Another quick question on the new company - their FAQ says that if you can't add an AU's SSN online, then you need to call to add it. The old company directed me to not worry about the SSN for Barclay (after the SSN option was removed from the online add), as long as I included their address. ARS & others, are you calling in to add the SSN for Barclay card adds after adding them online with the new company?

I do indeed do my Barclays online, with the address, though the company asks you to call in and add SSNs, I have not had an issue doing it that way so far.  The paranoid wanting to make sure they get the money should add the SSN to make SURE it reports.  I call it "good enough."  YMMV, and keep in mind it would be a bummer to lose $200 or whatever cause you didn't want to make a 5 minute phone call, so probably better to listen to the company than me.  Just confirming that's what I do.  :)


Just to add my experiences with Barclays adds with the old co.: I got a total of 4 sales last year, but only 2 of them posted correctly. I didn't call to add the SS, but I will for any future orders, in case that helps things post correctly. It's so very sad not to receive that payment when you're expecting it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Wandles on January 10, 2017, 11:08:13 AM
I was able to get signed up with the "new recommendation" last week and had 2 sales on my USAA card in less than a week! I plan to post my experience for others as I go along.  So far the company has been very easy to work with and quick to respond.  USAA requires you to add AU's over the phone which is less awkward than I anticipated.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: runewell on January 10, 2017, 11:17:03 AM
I signed up with them with one card that is 2 years old and 10,000+ credit limit immediately after the new year and I haven't heard a peep out of them yet!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on January 10, 2017, 11:26:21 AM
I signed up with them with one card that is 2 years old and 10,000+ credit limit and I haven't heard a peep out of them yet!
I emailed all of my enrollment materials on two cards, Discover (24.5K limit @ 2yrs) and Citi (13.2K limit @ 6yrs), last Friday and although I am a tad bit anxious/worried about not receiving at least a confirmation response I shall give them the benefit of the doubt. However if I do not receive a response by the end of this week I will send a follow up email to request a status update. I suppose the increased MMM traffic is pushing them to their limits, at least that's the reason I keep telling myself ;).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 10, 2017, 03:15:04 PM
I was able to get signed up with the "new recommendation" last week and had 2 sales on my USAA card in less than a week! I plan to post my experience for others as I go along.  So far the company has been very easy to work with and quick to respond.  USAA requires you to add AU's over the phone which is less awkward than I anticipated.

Nice!  Thanks for sharing your experience.

Those of you waiting, I believe they're saying the average time right now from sign up to first tradeline sale will typically be 2-3 weeks (longer if your card is < 20k, 5 yrs+, shorter if it's higher than those), and that's average--so some will be much quicker (as above), some will take longer.

Also closing date plays a factor, as you'll typically see sales right before your closing date, so if your closing date is the 30th, you'll have a few weeks to wait--if it's the 8th, you already missed that window.  Even if your card was enrolled at that time, then hopefully you'll see one next statement.

@Wandles: Can you confirm the above?  What is the age/limit range of your card, if you don't mind sharing? (And I'm assuming the closing date is soon?)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 10, 2017, 06:21:29 PM
Two of mine have payment dates of today and tomorrow, probably missed on those. Still hope for the one on the 16th, it is >$20k, >10years old.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EverCurious on January 10, 2017, 07:21:28 PM
This sounds pretty awesome! Now I will have to go get a credit card lol
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on January 10, 2017, 10:54:11 PM
I signed up with them with one card that is 2 years old and 10,000+ credit limit and I haven't heard a peep out of them yet!
I emailed all of my enrollment materials on two cards, Discover (24.5K limit @ 2yrs) and Citi (13.2K limit @ 6yrs), last Friday and although I am a tad bit anxious/worried about not receiving at least a confirmation response I shall give them the benefit of the doubt. However if I do not receive a response by the end of this week I will send a follow up email to request a status update. I suppose the increased MMM traffic is pushing them to their limits, at least that's the reason I keep telling myself ;).
Small update. I grew antsy and sent a follow up email asking for a status update and to my surprise, less than a couple hours later I received a response! Both of my cards have been added to their system and I was given a 3-4 week eta on when I can anticipate a sale. When that occurs I will be sure to inform you all! Oh by the way, it was confirmed that several hundred MMM cardholders have signed up recently so their resources have been stretched a bit thin lately.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 10, 2017, 11:13:05 PM
I talked with them today as well and they are simply super busy with all the business and this being their busy time of year. We should all be patient.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 11, 2017, 05:53:26 AM
I was able to get signed up with the "new recommendation" last week and had 2 sales on my USAA card in less than a week! I plan to post my experience for others as I go along.  So far the company has been very easy to work with and quick to respond.  USAA requires you to add AU's over the phone which is less awkward than I anticipated.

I am right there with you. Got two sales on my USAA card right away as well (right before closing date). I felt like USAA asked a few more questions than I was prepared to answer. Although I was still able to add both AUs without hesitation. Funny story, both cards showed up at my address and my kids were confused asking who the person was on the envelope with weird names and our address.

For those waiting you just have to be patient. As ARS stated, I am sure much of this depends on closing dates and the fact that they are super busy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 11, 2017, 06:15:43 AM

Funny story, both cars showed up at my address and my kids were confused asking who the person was on the envelope with weird names and our address.

This is something that bugs me. These companies are supposed to send AU cards to you using your name and address, not the AU's name.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 06:23:58 AM

Funny story, both cars showed up at my address and my kids were confused asking who the person was on the envelope with weird names and our address.

This is something that bugs me. These companies are supposed to send AU cards to you using your name and address, not the AU's name.

Odd. I've never had that happen, they always have our name on the envelope, out of dozens and dozens of tradeline sales.

Maybe it's provider dependent?  For example, I don't have any USAA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 11, 2017, 07:07:49 AM

Funny story, both cars showed up at my address and my kids were confused asking who the person was on the envelope with weird names and our address.

This is something that bugs me. These companies are supposed to send AU cards to you using your name and address, not the AU's name.

Odd. I've never had that happen, they always have our name on the envelope, out of dozens and dozens of tradeline sales.

Maybe it's provider dependent?  For example, I don't have any USAA.

USAA always sends the AU cards to me at my address but with the AU's name.  I thought Chase did the same, but I can't remember for sure.  Anyway, either pattern would make sense to me.  Shrug.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 07:16:28 AM
Can't recall Chase either, cause I've only done a few sales with them, but I believe Barclay, B of A, Discover, and Citi always had our names on it.

I'll start paying attention, and maybe others will report in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 11, 2017, 07:21:25 AM

Funny story, both cars showed up at my address and my kids were confused asking who the person was on the envelope with weird names and our address.

This is something that bugs me. These companies are supposed to send AU cards to you using your name and address, not the AU's name.

Odd. I've never had that happen, they always have our name on the envelope, out of dozens and dozens of tradeline sales.

Maybe it's provider dependent?  For example, I don't have any USAA.

USAA always sends the AU cards to me at my address but with the AU's name.  I thought Chase did the same, but I can't remember for sure.  Anyway, either pattern would make sense to me.  Shrug.

Yeah I didn't really think much of it. I suppose I could request USAA put my name on the envelope so there is no confusion. Not a big deal for me though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: d4future on January 11, 2017, 07:39:39 AM
Barclays shows AUs name, can confirm.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on January 11, 2017, 07:52:53 AM
Posting as I will be starting next month as the first card that I'm going to use passes the 2 year mark.

Great info all around here!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on January 11, 2017, 10:25:58 AM
I also get quite a few cards in the mail with the AU's name as the recipient. My mail carrier wrote "??" on the first few, but I guess has given up trying to figure out who lives at my house and who doesn't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Roots&Wings on January 11, 2017, 10:50:51 AM
Has anyone received a quote for $40k+ credit limit age 12-24 mos?

Wondering if that's better than three $20k cards. Apparently Chase let's you transfer credit limit among cards, and I have $60k limit overall with them.

Apologies in advance if this was asked earlier (search is not working for me). Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Wandles on January 11, 2017, 11:51:07 AM
Those of you waiting, I believe they're saying the average time right now from sign up to first tradeline sale will typically be 2-3 weeks (longer if your card is < 20k, 5 yrs+, shorter if it's higher than those), and that's average--so some will be much quicker (as above), some will take longer.

Also closing date plays a factor, as you'll typically see sales right before your closing date, so if your closing date is the 30th, you'll have a few weeks to wait--if it's the 8th, you already missed that window.  Even if your card was enrolled at that time, then hopefully you'll see one next statement.

@Wandles: Can you confirm the above?  What is the age/limit range of your card, if you don't mind sharing? (And I'm assuming the closing date is soon?)

My card closed on the 9th and my sales were on the 8th and 9th so they were last minute sales.  It is an older card (~10 years) and has a $25k limit so I'm not sure if that got me worked through the system faster.  At the same time as the USAA card I signed up a Citi card that is 2 years old, ~$11k limit, same closing date and no word on that one. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Fireball on January 11, 2017, 11:58:44 AM
Can't recall Chase either, cause I've only done a few sales with them, but I believe Barclay, B of A, Discover, and Citi always had our names on it.

I'll start paying attention, and maybe others will report in.

Citi and Cap One put the AUs name on there. Not that it concerns me, however.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on January 11, 2017, 12:02:26 PM
Has anyone tried using USBank cards before?  They seem to be the one CC company that doesn't let you add AUs online, you have to fill out a form and mail/fax it back.  Seems to be more of a hassle than other cards.  Has anyone been able to do it otherwise?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 11, 2017, 12:08:01 PM
Just got my first add.  Barclays card just over 2 years old, $27500 limit, closing date is 15th of the month.  No nibbles on my other cards yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 12:10:40 PM
Can't recall Chase either, cause I've only done a few sales with them, but I believe Barclay, B of A, Discover, and Citi always had our names on it.

I'll start paying attention, and maybe others will report in.

Barclays shows AUs name, can confirm.

Citi and Cap One put the AUs name on there. Not that it concerns me, however.

Okay, what the heck.

Barclays puts my name on the envelope (the AU name is obviously on the CARD, but not visible without opening the envelope).  This isn't me misremembering, as I use a mail scanning service--travelingmailbox.com (http://www.travelingmailbox.com) and just went and LOOKED at the most recent AU cards I got.

I just went and dug up a Barclays one, and a B of A one, and a Discover one, and all three are generic from the outside with our name, nothing about the AU.

I wish they put the AU names on it, as it would make it easier to just shred without even having them open it.

It's possible the company is sending back mail not addressed to me or my wife (actually, as I type this, I realize that's very likely--we had to sign a form for the post office that they could open mail addressed to us, so they may be sending back mail not addressed to us.  That may throw up red flags with the CC companies... hmm, will have to think about this), and I don't track receiving the cards or not, so that could totally be happening, but I'm definitely receiving ones that don't have any AU info.  Weird.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: .22guy on January 11, 2017, 12:12:19 PM
Barclays definitely sends the AU cards to my address with the AU name on the letter. On all 3 of my orders with the "old" company anyways.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 11, 2017, 12:13:09 PM
US Bank is a call to add or remove an AU. I have added 4 and removed 2 so far (so, halfway through the 2nd cycle) Single add or remove per call. I make sure i can confidently pronounce the name, and do a quick Google on any unusual name so that I can chat with the rep as needed. "Actually no, Ivan isn't Russian, his family name is Armenian"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 12:16:17 PM
Barclays definitely sends the AU cards to my address with the AU name on the letter. On all 3 of my orders with the "old" company anyways.

This is SO WEIRD.  What is different about me?  Are the cards bouncing back to Barclays, then they're resending them with my name on the envelope or something?

I just attached a picture of a recent AU card from Barclays (I blacked out the info, but it was my name/address, not an AU).  Do your envelopes look like that/have the same Barclay return address?  (The giant bar code is from the scanning company, cuts off the return address, sorry about that).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 12:19:54 PM
Just got my first add.  Barclays card just over 2 years old, $27500 limit, closing date is 15th of the month.  No nibbles on my other cards yet.

Cool, thanks for the data point!

Seems a few people have gotten sales now, I'm glad to hear it.

The process is clunkier (versus the slick portal--like I said, the technology is the big disadvantage to the new one), but hey, you made a bit more on that sale than you would have with the old company (with their new schedule), so worth putting up with, IMO.  It'll add up.  :)

US Bank is a call to add or remove an AU. I have added 4 and removed 2 so far (so, halfway through the 2nd cycle) Single add or remove per call. I make sure i can confidently pronounce the name, and do a quick Google on any unusual name so that I can chat with the rep as needed. "Actually no, Ivan isn't Russian, his family name is Armenian"

LOL.  Awesome.  I just say it outloud once, twice if necessary before the call, then stumble my way through it.  But I only call to remove (and only with B of A, all my adds are online, and most my removals--Discover, Barclays, etc.).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 11, 2017, 01:03:56 PM
Barclays definitely sends the AU cards to my address with the AU name on the letter. On all 3 of my orders with the "old" company anyways.

This is SO WEIRD.  What is different about me?  Are the cards bouncing back to Barclays, then they're resending them with my name on the envelope or something?

I just attached a picture of a recent AU card from Barclays (I blacked out the info, but it was my name/address, not an AU).  Do your envelopes look like that/have the same Barclay return address?  (The giant bar code is from the scanning company, cuts off the return address, sorry about that).

Your mail provider is probably sending them back.  That happened to me with a PO Box a while back.  No negative result from CC company.

They never re-send them to me however.  Are you sure you are actually receiving them all?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 01:08:29 PM
They never re-send them to me however.  Are you sure you are actually receiving them all?

Yeah, I typically have them opened before shredding (though sometimes I can tell from the look of the envelope, and just shred right away).  Definitely receiving cards with AU names on them, just the envelopes have our names.  Really weird to me that it's different for you guys.  But thanks for everyone reporting that, good to know.   :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gimesalot on January 11, 2017, 02:04:55 PM
Thought I would add my update to the thread...

I sent the paperwork in on Dec 29th for two credit cards that are both under $10k and 6 years old. 

I just received two sales for the one that closes first.

All in all, I have spent about 30 minutes between PMing ARS for info, filling out the paperwork, and adding the AUs for a return of $150.  Adding each AU online took about 1 minute. 

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 11, 2017, 02:29:47 PM
Send 3 cards and got confirmation that it would be 2-4 weeks till something comes up on 01/04. All cards between $10,000 & 19,000 and between 6 and 10 years old.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: .22guy on January 11, 2017, 04:07:54 PM
Barclays definitely sends the AU cards to my address with the AU name on the letter. On all 3 of my orders with the "old" company anyways.

This is SO WEIRD.  What is different about me?  Are the cards bouncing back to Barclays, then they're resending them with my name on the envelope or something?

I just attached a picture of a recent AU card from Barclays (I blacked out the info, but it was my name/address, not an AU).  Do your envelopes look like that/have the same Barclay return address?  (The giant bar code is from the scanning company, cuts off the return address, sorry about that).


Yes, looks exactly the same. Definitely has the AU name on it and I know the others did too because my son commented on it, asking who the people were (he is in charge of getting our mail).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on January 11, 2017, 06:04:47 PM
I signed up on Dec 30 with the new company and got my first request to add n AU today (Jan 11).  For a Capital One card.  The online AU process asked for the name, SS, DOB and a phone number. I thought they were requesting a phone number for the AU and I could go no further without providing a number.  I contacted the new company about this and was told to use my own phone number, which I did and it looks like the AU got added OK and I should be getting a card in the mail soon.  This was for a 3 year old Cap One card with a $15K limit.

The tips from this thread I have been copying down say I will have to remove a Cap One AU by calling and I have no idea how to pronounce what looks like a Russian or northern Eastern European name, so any tips on how to find out on the Internet how to pronounce foreign names would be appreciated.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 11, 2017, 06:08:15 PM
The tips from this thread I have been copying down say I will have to remove a Cap One AU by calling and I have no idea how to pronounce what looks like a Russian or northern Eastern European name, so any tips on how to find out on the Internet how to pronounce foreign names would be appreciated.

No disrespect meant to our fine credit card customer service representatives, but I doubt that the vast majority of them know how to pronounce these names.  Even if they did, the fact that you or I, as an average American, don't know how to pronounce them would be hardly surprising and I really doubt it would raise even 1/10 of an eyebrow.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on January 11, 2017, 06:51:17 PM
The tips from this thread I have been copying down say I will have to remove a Cap One AU by calling and I have no idea how to pronounce what looks like a Russian or northern Eastern European name, so any tips on how to find out on the Internet how to pronounce foreign names would be appreciated.

I hope I don't sound too snarky, but... Google. "[name] pronunciation".
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on January 11, 2017, 07:01:58 PM

I hope I don't sound too snarky, but... Google. "[name] pronunciation".
Thanks.  I tried that and could not find exact spelling of either the first or last name, but got some pronunciations that are very close to the spellings so that will probably suffice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on January 11, 2017, 07:09:51 PM
If the spelling is close then an audio recording from Google will be just fine. People pronounce their names in so many different weird ways that no CSRs will tell the difference. Happy calling!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 07:11:57 PM
Yeah, I've bungled plenty of names during a call to CS. I phonetically sound it out before with my best guess, then call so I can say it smoothly, even if it's wrong.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hunt2eat on January 11, 2017, 07:32:58 PM
In the email with the paperwork it says to spend $50-500 on the card.  Do I need to spend that much? and when should I start spending on the card? now or wait until I have sold a tradeline?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 07:35:07 PM
In the email with the paperwork it says to spend $50-500 on the card.  Do I need to spend that much? and when should I start spending on the card? now or wait until I have sold a tradeline?
No, it just needs to close with a balance that the CC company won't wipe out (often they wipe balances of 0.99 or less, depending on the company).

I "refill" my Amazon gift card balance with $2.50. You do it when you get the tradeline sale, right away, so it posts and shows up before the statement close.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 11, 2017, 07:43:13 PM
Very suave amount, $2.50. Should bump over even the Discover freebie amount without being excessive.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on January 11, 2017, 07:58:20 PM
So it is OK to have only a charge that was made on the credit card a few days before I added the AU, or do I have to make another charge after adding the AU?  I already have an automatic charge for my Netflix account on this card, which should post for next month's credit card bill.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 08:00:10 PM
So it is OK to have only a charge that was made on the credit card a few days before I added the AU, or do I have to make another charge after adding the AU?  I already have an automatic charge for my Netflix account on this card, which should post for next month's credit card bill.

As long as there is a balance when the statement closes, you're good.  The CC may not report to the AUs line if the balance is 0.

A monthly reoccurring fee is perfect, as long as the statement closes with a balance and you pay it off every time after that (not before, and not late).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 11, 2017, 08:26:20 PM
So I got an authorized user for a Discover card, and the address for the authorized user that is in the email sent by the company's assistant is different then the address on the driver's license.
So what do I do ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2017, 08:40:37 PM
Weird. I've never looked at the docs (only had to upload once, usually Discover auto approves), so I wonder if this has happened before to me.

I just use the address in the email (or portal, for the old company), but if I noticed a discrepancy, I'd email the customer service, which is what I'd suggest here.  If you do, let us know what they say!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on January 11, 2017, 09:16:09 PM
So I got an authorized user for a Discover card, and the address for the authorized user that is in the email sent by the company's assistant is different then the address on the driver's license.
So what do I do ?

I think a lot of people have an outdated address on their license - when I moved I wasn't given a new ID card, they just updated the address in their database. I would probably just go with the one in the email.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 11, 2017, 11:07:54 PM
Okay, what the hec k...This isn't me misremembering, as I use a mail scanning service--travelingmailbox.com (http://www.travelingmailbox.com) and just went and LOOKED at the most recent AU cards I got...It's possible the company is sending back mail not addressed to me or my wife (actually, as I type this, I realize that's very likely--we had to sign a form for the post office that they could open mail addressed to us, so they may be sending back mail not addressed to us.

I think it is likely the mail scanning service, since as I recall, depending on the plan you sign up for, you can have a different number of people/names receiving mail at a given address (it starts at two people/business and you can add more I think). So now I'm curious what traveling mailbox does with mail it receives that's not addressed to either of you, and if it raises flags with the credit card companies. We'll be in a similar situation, if/when we ever get a sale again :)

I think a lot of people have an outdated address on their license - when I moved I wasn't given a new ID card, they just updated the address in their database. I would probably just go with the one in the email.

This is a good point. I think it varies from state to state whether they issue a new driver's license every time you move or not. I'd email customer service anyways.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 12, 2017, 05:11:16 AM
So I got an authorized user for a Discover card, and the address for the authorized user that is in the email sent by the company's assistant is different then the address on the driver's license.
So what do I do ?

I think a lot of people have an outdated address on their license - when I moved I wasn't given a new ID card, they just updated the address in their database. I would probably just go with the one in the email.

+1. My license still has my address from 2 years ago on it. The DMV has the correct address in their database though and they gave me a paper that I keep in my car with the correct address in case I get pulled over.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 12, 2017, 05:33:50 AM


So now I'm curious what traveling mailbox does with mail it receives that's not addressed to either of you, and if it raises flags with the credit card companies. We'll be in a similar situation, if/when we ever get a sale again :)

Been selling for 7 months now and no cancelled cards yet, so....

/shrug

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: twg5 on January 12, 2017, 08:49:29 AM
I've always just paid off my credits before they were due so I'd like to clarify how it works. You say you should wait until after the card posts. What does that mean?

Does that mean you should wait until after the payment due date? Does that mean you would pay interest?

Sorry for the ignorant questions and thanks for your help.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on January 12, 2017, 09:20:29 AM
I've always just paid off my credits before they were due so I'd like to clarify how it works. You say you should wait until after the card posts. What does that mean?

Does that mean you should wait until after the payment due date? Does that mean you would pay interest?

Sorry for the ignorant questions and thanks for your help.

You must wait until after the statement posts. The statement must report a balance. You need to also make a payment before the due date as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on January 12, 2017, 09:29:11 AM
I've always just paid off my credits before they were due so I'd like to clarify how it works. You say you should wait until after the card posts. What does that mean?

Does that mean you should wait until after the payment due date? Does that mean you would pay interest?

Sorry for the ignorant questions and thanks for your help.


The statement closing date and the payment due date are different.  You always want to pay you credit cards off and not incur interest.  Just make sure you charge something during the month so that there is a balance on the account when the statement closes.  Log into your credit card account and you should be able to see the statement dates and the payment due dates.  Or you can log into credit karma and get the info. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hunt2eat on January 12, 2017, 09:42:25 AM
For an EIN what company type did you use?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: twg5 on January 12, 2017, 09:47:59 AM
Thanks for your guys help. I actually haven't been able to find the closing date for the cards (Barclays and USAA) which I'm using but I'm sure I'll figure it out eventually. I did find the close date for the one Bank of America card I have. Worst case I can just pay off the card a few days before it is due.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 12, 2017, 09:54:16 AM
Thanks for your guys help. I actually haven't been able to find the closing date for the cards (Barclays and USAA) which I'm using but I'm sure I'll figure it out eventually. I did find the close date for the one Bank of America card I have. Worst case I can just pay off the card a few days before it is due.

Call your CC company and they can tell you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 12, 2017, 09:54:23 AM
So I got an authorized user for a Discover card, and the address for the authorized user that is in the email sent by the company's assistant is different then the address on the driver's license.
So what do I do ?

So I'm reporting back the results. I emailed the assistant and the owner at the company, and the assistant emailed back to just use the address on the ID, which I assume meant the driver's license, and not the address that was in the email.
So I used the driver's license address, and the Discover adding authorized user page seemed to find that address and name in it's US postal service database and I was able to add the authorized user, I wasn't even required to upload the driver's license, nor the social security card.
So I believe it has worked, it says authorized user added 1/12/17

And I just want to add I got this email back from the assistant regarding Discover:

"Sorry I usually double check to make sure the address is the same.  Going forward, whenever in doubt always use the address on the ID.  Sometimes the AU doesnt update the address on the ID but Discover wants to see it matches."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 12, 2017, 10:49:54 AM
So I got my first add request yesterday - should I be concerned that there were no documents? All the email gave was the AU's name, DOB, and social security number - no address, no driver's license, nothing... Is this unusual?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on January 12, 2017, 11:11:17 AM
I did not get any documents with my first added AU either.  I was given name, SS, DOB and address in the email.  I did not use the address because this was not a field requested by Capital One. The only thing that stymied me was a request for phone number, but the company said to use my own phone number, which I did.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 12, 2017, 11:28:49 AM
I'm jealous of all these people apparently getting sales already. :)



As for what I used for EIN, I don't remember. I think when I originally registered for it years ago, I was going to start a tax preparer business, so I probably picked something along those lines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 12, 2017, 12:12:06 PM
So I got my first add request yesterday - should I be concerned that there were no documents? All the email gave was the AU's name, DOB, and social security number - no address, no driver's license, nothing... Is this unusual?

Not unless it is required to add an AU by your credit card company. Someone please correct me if I am wrong but I believe not all CC companies require the same info when adding an AU. For instance USAA doesn't require an address to add an AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 12, 2017, 01:04:39 PM
So I got my first add request yesterday - should I be concerned that there were no documents? All the email gave was the AU's name, DOB, and social security number - no address, no driver's license, nothing... Is this unusual?

You only might ever need to upload documents with Discover card, the other credit card companies aren't this picky.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 12, 2017, 01:37:26 PM
That makes sense, thanks for the responses.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 12, 2017, 03:22:44 PM
Thanks for your guys help. I actually haven't been able to find the closing date for the cards (Barclays and USAA) which I'm using but I'm sure I'll figure it out eventually. I did find the close date for the one Bank of America card I have. Worst case I can just pay off the card a few days before it is due.

If the cc company has sent you a bill, that means it closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 12, 2017, 04:50:03 PM
Thanks for your guys help. I actually haven't been able to find the closing date for the cards (Barclays and USAA) which I'm using but I'm sure I'll figure it out eventually. I did find the close date for the one Bank of America card I have. Worst case I can just pay off the card a few days before it is due.

If there's a statement (that you can get in PDF form) with a balance, it's closed.  Easiest way to make sure it's closed and not pay it early is If it says Minimum Payment Due: $0 (even though you have a balance), it hasn't closed.

I wait until it says Minimum Payment Due: $2.50 (that's the amount I charge to the card each time, as above).  Then I know the statement has closed.  You definitely don't want to wait until after the payment date, as then it will be late, and hurt your credit, and the AU's credit, and you'll be charged late fees, interest, etc.  Pay it off between when the statement closes (and you get a statement/the payment due amount changes) and when the payment due date is.

Ditto what everyone said above about getting different info for different CC companies--you will only get the info you need.  Discover sometimes requires uploading documentation (like a driver's license), so you will get that, but for other providers you will not.

Excited to see so many people getting sales already.  Got another one for my one of my wife's Barclay's today (10k limit, 2.5 yrs old).  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 12, 2017, 07:55:00 PM
What email do the sales come from when you're notified to add an AU?  I want to make sure I'm not missing it or it isn't going to spam. PM me if more appropriate. Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 12, 2017, 07:59:18 PM
What email do the sales come from when you're notified to add an AU?  I want to make sure I'm not missing it or it isn't going to spam. PM me if more appropriate. Thanks!

PM sent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on January 12, 2017, 08:30:55 PM
What email do the sales come from when you're notified to add an AU?  I want to make sure I'm not missing it or it isn't going to spam. PM me if more appropriate. Thanks!

PM sent.

Joe, I have the same question.  Could you please PM me?  Thx.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 12, 2017, 08:33:43 PM
What email do the sales come from when you're notified to add an AU?  I want to make sure I'm not missing it or it isn't going to spam. PM me if more appropriate. Thanks!

PM sent.

Joe, I have the same question.  Could you please PM me?  Thx.

Sent.

To anyone else wondering: The email to add an AU will come from one of the company employees in charge of adding/removing AUs.

You won't miss it. No one has yet, and no one missed the alert email to check the portal from the last company.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: enginerd1986 on January 12, 2017, 09:17:33 PM
Just an FYI guys/gals, I sent in information for myself and four cards on January 6th. I didn't hear anything back and sent an email requesting a status update this afternoon. The company owner replied promptly and told me that I would most likely not see any adds until sometime in February. I hated to bother them from other reports of them being swamped but my impatience got the best of me. I just thought I'd pass this along for any others that maybe waiting to hear back and are worried. Hope everyone is having a great new year so far!

T
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: link_417 on January 12, 2017, 09:52:43 PM
Just an FYI guys/gals, I sent in information for myself and four cards on January 6th. I didn't hear anything back and sent an email requesting a status update this afternoon. The company owner replied promptly and told me that I would most likely not see any adds until sometime in February. I hated to bother them from other reports of them being swamped but my impatience got the best of me. I just thought I'd pass this along for any others that maybe waiting to hear back and are worried. Hope everyone is having a great new year so far!

T

Thank you! You probably just saved them several emails, I know I was wondering whether I should check in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 13, 2017, 06:43:17 AM
So far, this is easier than opening my Citi checking to get $400 last fall.  PM from Joe, email to and already back from tradeline company.  I've already filled out the forms and will be shooting pictures back.  The hint to use creditkarma was very helpful and I was somewhat surprised as to which credit cards were old and which were only a year old (did some churning over the last year).  I'm resurrecting a few older credit cards that I have not used in forever that I've just procrastinated closing.  Thanks for all.

Ok, next....is there going to be a clone set up to come into work for me so I can sleep in and just goof off all day?  Seems the next logical step from this point.....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hunt2eat on January 13, 2017, 06:52:31 AM
Just an FYI guys/gals, I sent in information for myself and four cards on January 6th. I didn't hear anything back and sent an email requesting a status update this afternoon. The company owner replied promptly and told me that I would most likely not see any adds until sometime in February. I hated to bother them from other reports of them being swamped but my impatience got the best of me. I just thought I'd pass this along for any others that maybe waiting to hear back and are worried. Hope everyone is having a great new year so far!

T
I sent my paperwork back yesterday and I rec'd the same info this last night/this morning. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hunt2eat on January 13, 2017, 12:24:29 PM
I'll ask the question here instead of emailing them: If we want to add new cards/credit limits increase/etc do we resend the agreement in with all of our cards or just new cards/updates?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 13, 2017, 12:57:15 PM


So now I'm curious what traveling mailbox does with mail it receives that's not addressed to either of you, and if it raises flags with the credit card companies. We'll be in a similar situation, if/when we ever get a sale again :)

Been selling for 7 months now and no cancelled cards yet, so....

/shrug

i'm interested to see how mine does with monthly vs bi monthly with the site i use.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on January 13, 2017, 02:15:17 PM
I'll ask the question here instead of emailing them: If we want to add new cards/credit limits increase/etc do we resend the agreement in with all of our cards or just new cards/updates?

I asked this question, and was told that I can just email new cards/changes to them in an email, no need to re-do the agreement paperwork.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 13, 2017, 02:49:03 PM
I'll ask the question here instead of emailing them: If we want to add new cards/credit limits increase/etc do we resend the agreement in with all of our cards or just new cards/updates?

I asked this question, and was told that I can just email new cards/changes to them in an email, no need to re-do the agreement paperwork.

I had thought it would be this way, but confirmation is great. I didn't want to bug them with another email question.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on January 13, 2017, 02:52:49 PM
I've got 2 cards I signed up with them, one at $30K and one at $12K. I requested an increase on the $12K one but my CC denied it, citing low credit utilization as the reason (I rarely go over $500 on this one). Does anyone know what % utilization is likely to get you an increase? I don't want to go over 15% and screw up my adds that will be coming in February....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 13, 2017, 08:39:49 PM
Just got my first piece of junk mail for an AU.

I added them in July, removed in Aug or Sept (don't remember if it was a one or two month one), got the first piece of junk mail now, in January.

The strange thing is it was addressed to them, but per the discussion above, I didn't think I got mail addressed to other people with my mail service.  When I saw it addressed to a random name, I thought maybe it was a card, but nope, junk mail.

Just gonna shred all stuff addressed to AUs, cards or otherwise, was just curious about this one, if it was a card... turned out no.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 13, 2017, 08:50:00 PM
Got my second add on my Citi card, should be an easy $400 for my first month! I had a scare with my first add, ended up talking to their fraud department. I sent the guy at the company an email because I was worried about doing the second add. Less than an hour later I got a phone call from him! He talked me through what happened (agent mistyped the SSN) and gave me some good coaching and pointers, we chatted for about 10 minutes. Really put my mind at ease. Looking forward to more adds next month, hopefully some of my other 7 cards get some action too! (yeah, I might have a churning problem...)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 13, 2017, 11:29:50 PM
Got my second add on my Citi card, should be an easy $400 for my first month!

Sweet!

So I'm talking with a friend today as we're out on a walk, and he mentions all these online "WORK FROM HOME FOR ONLY 15 MINUTES PER DAY AND EARN $5000 PER MONTH" ads you see that are total and utter bull *.

And we talked about how it you can make money working from home online, but it actually takes hard work  (e.g. coding, or blogging, or tutoring, or whatever).

But I also thought of this thread, and how somehow I can legitimately say that I'm earning thousands of dollars a month working at home, for a few minutes per day of "work".

7 months in, and I'm still boggling at it every time I get an AU add, or a payment from a previous one.

It's literally like what those scams purport to offer, but real.

What the *.  Crazy.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 13, 2017, 11:43:53 PM
At this point, I believe they should be caught up and responded to all emails, so if you emailed them more than 48 hours ago, and haven't got a response, please send a follow up, as it likely fell through the cracks in the flood of emails.

Reply times should be quite quick (especially on week days) from here on out; like ducky said above, the owner is quite responsive and helpful.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 14, 2017, 02:39:15 PM
Message from Joe, Thursday.  Sent msg to tradeline co same day.  Response from tradeline late thurs night with all the documents.  Sent in Friday.  Message back Friday confirming all docs and that AU would be around the 1st of Feb.

This is very fast.

I also went through my old, unused cards and found a sears mastercard that's 6 years old with a $7200 credit limit.  Called them to straighten out getting on their website to set up auto pay and while on the phone, asked for and got a $10k limit.  Not on my credit report (credit karma) as I haven't ever used it.  Actually still had the "activate" sticker on it.  Used it a few times to watch it show up on my credit report.  Sears has used several banks for their credit cards and master cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 14, 2017, 03:32:08 PM
But I also thought of this thread, and how somehow I can legitimately say that I'm earning thousands of dollars a month working at home, for a few minutes per day of "work".

I timed the last add - less than five minutes. The guy from the company told me I can remove 2 AU using the Secure Message center on Citi's website, meaning removing them should take around a minute. That equates to an hourly rate of $2,000/hr. Seriously. This is crazy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: overlord34 on January 14, 2017, 11:10:02 PM
I closed a few old credit cards about a year or two ago, after previously using them for a few years.  If I was able to get customer service to re-open those same accounts for me (rather than opening a new line of credit), do you think those accounts would be eligible?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 14, 2017, 11:29:52 PM
I closed a few old credit cards about a year or two ago, after previously using them for a few years.  If I was able to get customer service to re-open those same accounts for me (rather than opening a new line of credit), do you think those accounts would be eligible?

Very unlikely they'll reopen ones that have been closed that long (usually they'll only do it if closed within the last 30, maybe 90, days), but if you can get them to, sure!  Reopened cards use the original opening date.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 15, 2017, 06:43:51 AM
I closed a few old credit cards about a year or two ago, after previously using them for a few years.  If I was able to get customer service to re-open those same accounts for me (rather than opening a new line of credit), do you think those accounts would be eligible?

Very unlikely they'll reopen ones that have been closed that long (usually they'll only do it if closed within the last 30, maybe 90, days), but if you can get them to, sure!  Reopened cards use the original opening date.

My wife tried to re-open a Chase card after ~40 days and was told it's not possible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 15, 2017, 06:08:59 PM
I closed a few old credit cards about a year or two ago, after previously using them for a few years.  If I was able to get customer service to re-open those same accounts for me (rather than opening a new line of credit), do you think those accounts would be eligible?

Very unlikely they'll reopen ones that have been closed that long (usually they'll only do it if closed within the last 30, maybe 90, days), but if you can get them to, sure!  Reopened cards use the original opening date.

My wife tried to re-open a Chase card after ~40 days and was told it's not possible.

I've been able to do it before after < 90 days but sometimes it's too late
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on January 16, 2017, 12:06:19 AM
At this point, I believe they should be caught up and responded to all emails, so if you emailed them more than 48 hours ago, and haven't got a response, please send a follow up, as it likely fell through the cracks in the flood of emails.

Reply times should be quite quick (especially on week days) from here on out; like ducky said above, the owner is quite responsive and helpful.  :)

 I will, been waiting a week for the pperwork
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 17, 2017, 07:30:49 PM
Since this company does the dates a bit different (payment date vs close date), does that affect when you see most of your activity?  I used to get most of my add's near the close date with TL company 1.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 17, 2017, 07:44:52 PM
I was wondering that at first too, but it doesn't seem like it--I always seem to get an add a few days before my closing date (or last minute ones the day before), even though they want the payment date.

/shrug
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 17, 2017, 08:21:25 PM
I was wondering that at first too, but it doesn't seem like it--I always seem to get an add a few days before my closing date (or last minute ones the day before), even though they want the payment date.

/shrug

Good to know. I guess I still have 1 possible card this cycle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RootofGood on January 19, 2017, 03:17:34 PM
No, it just needs to close with a balance that the CC company won't wipe out (often they wipe balances of 0.99 or less, depending on the company).

Wait, do they actually forgive the balance owed when <$.99? Or they don't report to CRA but you still have to pay? 

I'm feeling some Office Space coming on. Get 100 credit cards.  Charge .99 each month. Profit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 19, 2017, 03:19:44 PM
No, it just needs to close with a balance that the CC company won't wipe out (often they wipe balances of 0.99 or less, depending on the company).

Wait, do they actually forgive the balance owed when <$.99? Or they don't report to CRA but you still have to pay? 

I'm feeling some Office Space coming on. Get 100 credit cards.  Charge .99 each month. Profit.

Depends on the issuer. Some of them forgive a $1.99 or $2.99 balance!  I once put a $1 Amazon gift card on my Pentagon Federal AmEx to keep ti active....they credit it back! and still sent me a new card. :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 19, 2017, 08:07:00 PM
No, it just needs to close with a balance that the CC company won't wipe out (often they wipe balances of 0.99 or less, depending on the company).

Wait, do they actually forgive the balance owed when <$.99? Or they don't report to CRA but you still have to pay? 

I'm feeling some Office Space coming on. Get 100 credit cards.  Charge .99 each month. Profit.

Discover won't charge you below $2.
Many others (Capital one for example) won't charge you below $1
i
It usually shows up as a "Small balance credit" on your statement and wipes out the balance due.

I used to buy a free avocado or two a month :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on January 19, 2017, 08:12:26 PM
There is a list of amounts you can have forgiven on Doctor of Credit:  http://www.doctorofcredit.com/small-balance-waiver-a-k-a-lots-of-free-99-cent-amazon-gcs/

I really like the free avocados idea, although it might be easier to load up Amazon gift cards every month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gimesalot on January 20, 2017, 07:11:17 PM
Updating in case anyone is looking for more information...

I just received the two authorized user cards from Capital One.  Both cane in one envelope addressed to one of the buyers. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 20, 2017, 08:41:18 PM
I really like the free avocados idea, although it might be easier to load up Amazon gift cards every month.

But you can't exchange Amazon gift cards for avocados can you?
Priorities people...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 20, 2017, 08:51:21 PM
But you can't exchange Amazon gift cards for avocados can you?

Why not? (https://smile.amazon.com/Avocados-6-Lbs-California-Hass/dp/B00CNNIB9O)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 20, 2017, 08:56:23 PM
But you can't exchange Amazon gift cards for avocados can you?

Why not? (https://smile.amazon.com/Avocados-6-Lbs-California-Hass/dp/B00CNNIB9O)

I suppose I meant you can't cheaply! But suppose it's not outrageous if you bank up a lot of Amazon gift cards and have a hankering for avocados.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 21, 2017, 07:38:08 AM
But you can't exchange Amazon gift cards for avocados can you?

Why not? (https://smile.amazon.com/Avocados-6-Lbs-California-Hass/dp/B00CNNIB9O)

If I'm going to the trouble of having avocados shipped to me, it's going to be the nice big green smooth old-school Florida avocados, not those Haas things.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 21, 2017, 09:14:48 PM
I have 5 cards in the pipeline and all 5 payment dates came and passed with no AUs in january. Maybe I'll snag a couple of sales in February.

#FingersCrossed
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VladTheImpaler on January 23, 2017, 07:16:44 PM
CreditKarma and Mint just give an estimate, but some of my CCs claim to give an actual FICO (Barclays).

From an email I got earlier today:
Quote
There's been a change in your FICO® Score, "the score lenders use". To view your updated credit score at no cost, please visit www.BarclaycardUS.com/servicing/score, log in to your credit card account, and select "Tools". This Alert and complimentary online credit score access are available to you as a Barclaycard Arrival™ World MasterCard® Cardmember

I don't think they could use FICO (and the registered trademark) unless it actually IS the FICO score.  I could be wrong, but I think many are estimates, like you guys are saying, but some actually are FICO scores.

Sure, but even within FICO there are 4 different generations of scoring methodology current active, and each of the credit bureaus has a slightly different data set - potentially giving you 12 different "FICO" numbers.

When we got our last mortgage, the one the banker hard pulled was an 816 - highest she had ever seen, apparently. That was awhile ago, I have a considerably longer history now.

As a followup, I activated the Fico check on my BoA card, it claims to be an actual FICO 8 calculation with the registered trademark any everything, using TransUnion for the report. Tied with Discover at 844/850
I just got my credit score and was wondering why the credit reporting agencies use different score ranges?

EQUIFAX:
334 - 818

EXPERIAN:
320 - 844

TRANSUNION:
309 - 839

Wouldn't it be easier and more clear if they all used a set scoring range?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 23, 2017, 11:34:19 PM
Wouldn't it be easier and more clear if they all used a set scoring range?

They're not trying to make things easy, they're trying to make a profit.

They WANT their scores to be slightly different.  If they were all the same, one would only need one credit agency.  Where is the benefit there for them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 24, 2017, 03:16:49 AM
Wouldn't it be easier and more clear if they all used a set scoring range?

They're not trying to make things easy, they're trying to make a profit.

They WANT their scores to be slightly different.  If they were all the same, one would only need one credit agency.  Where is the benefit there for them?

...and consumers only get to see a small fraction of the MANY variants available to lenders. Something close to 50 variants of FICO scoring have been confirmed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 24, 2017, 03:26:37 AM
Okay, I called in this morning to remove 2 AUs, one call per AU.

The exact same rep answered for the second call! Same name, same pleasant recognizable voice.

I just disconnected.

Edit: Well, apparently the rep flagged the call, subsequent calls were routed directly to the fraud department and I had to go through an extended verification.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VladTheImpaler on January 24, 2017, 04:43:59 AM
Wouldn't it be easier and more clear if they all used a set scoring range?

They're not trying to make things easy, they're trying to make a profit.

They WANT their scores to be slightly different.  If they were all the same, one would only need one credit agency.  Where is the benefit there for them?

Good point, well said.🤔
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 24, 2017, 06:25:13 AM
Okay, I called in this morning to remove 2 AUs, one call per AU.

The exact same rep answered for the second call! Same name, same pleasant recognizable voice.

I just disconnected.

Edit: Well, apparently the rep flagged the call, subsequent calls were routed directly to the fraud department and I had to go through an extended verification.

You can remove 2 au in one call if it's the same card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on January 24, 2017, 07:50:58 AM
Okay, I called in this morning to remove 2 AUs, one call per AU.

The exact same rep answered for the second call! Same name, same pleasant recognizable voice.

I just disconnected.

Edit: Well, apparently the rep flagged the call, subsequent calls were routed directly to the fraud department and I had to go through an extended verification.


What card company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 24, 2017, 11:10:45 AM
Okay, I called in this morning to remove 2 AUs, one call per AU.

The exact same rep answered for the second call! Same name, same pleasant recognizable voice.

I just disconnected.

Edit: Well, apparently the rep flagged the call, subsequent calls were routed directly to the fraud department and I had to go through an extended verification.


What card company?

I believe any of them. I spoke to "the guy" from the tradeline company, and he said you can even remove using the secure message center on some cards - we were talking about Citi specifically - without even having to call! I would say if you are unsure, send "the guy" an email and he'll be happy to help you out. They want to make this as easy as possible for us, believe me!

One pointer he gave me was to try and call during the busier times of day. For one, you'll be less likely to get the same representative (statistically speaking), and two they will be in a hurry to help you and move on to the next customer. They really don't like for their call queues to get over a couple of minutes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 24, 2017, 01:47:43 PM
I think the concern is if you remove AUs from multiple different cards in one call (e.g. say you have two Barclays cards or whatever) it could raise a red flag or something.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on January 24, 2017, 03:01:13 PM
Since this company does the dates a bit different (payment date vs close date), does that affect when you see most of your activity?  I used to get most of my add's near the close date with TL company 1.
The statement date is pretty much always 21 days prior to the due date (minimum allowed by Federal Law) - having one date basically implies the other.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: d4future on January 24, 2017, 06:36:34 PM
Started with company and haven't received any orders yet. I guess its a waiting game.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on January 25, 2017, 09:46:22 AM
Okay, I called in this morning to remove 2 AUs, one call per AU.

The exact same rep answered for the second call! Same name, same pleasant recognizable voice.

I just disconnected.

Edit: Well, apparently the rep flagged the call, subsequent calls were routed directly to the fraud department and I had to go through an extended verification.


What card company?

I believe any of them. I spoke to "the guy" from the tradeline company, and he said you can even remove using the secure message center on some cards - we were talking about Citi specifically - without even having to call! I would say if you are unsure, send "the guy" an email and he'll be happy to help you out. They want to make this as easy as possible for us, believe me!

One pointer he gave me was to try and call during the busier times of day. For one, you'll be less likely to get the same representative (statistically speaking), and two they will be in a hurry to help you and move on to the next customer. They really don't like for their call queues to get over a couple of minutes.


My question was about which card company flagged his call.  I understand about how to remove AUs.  If you read what I originally quoted the guy says he called to remove two AUs and was flagged.  I was curious as to which card company he was dealing with. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beechnut on January 25, 2017, 09:51:33 AM
I had an issue come up with my mailman, he was delivering mail when my wife was at the door, some of the mail was a number of AU cards, and the mailman reported "unless you can verify these people live here I can't deliver this mail". My wife said she couldn't, presumably then were then returned to sender. Anyone else have this problem or thoughts about how to mitigate it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on January 25, 2017, 10:01:36 AM
One of the cards I registered with New Company turned another year older this week. So I wrote to New Company and told them my card was a year older. The reply I got was, thanks, but since it hasn't reached the next threshold for payouts, it doesn't matter.

I thought they were selling slots based on age and credit limit of the card? Even though I wouldn't get any more payout for this card, shouldn't they still want to know it's a year older so they can represent it properly to their customer?

Should I continue to report age and credit limit increases on my cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 25, 2017, 10:08:26 AM
Okay, I called in this morning to remove 2 AUs, one call per AU.

The exact same rep answered for the second call! Same name, same pleasant recognizable voice.

I just disconnected.

Edit: Well, apparently the rep flagged the call, subsequent calls were routed directly to the fraud department and I had to go through an extended verification.


What card company?

I believe any of them. I spoke to "the guy" from the tradeline company, and he said you can even remove using the secure message center on some cards - we were talking about Citi specifically - without even having to call! I would say if you are unsure, send "the guy" an email and he'll be happy to help you out. They want to make this as easy as possible for us, believe me!

One pointer he gave me was to try and call during the busier times of day. For one, you'll be less likely to get the same representative (statistically speaking), and two they will be in a hurry to help you and move on to the next customer. They really don't like for their call queues to get over a couple of minutes.


My question was about which card company flagged his call.  I understand about how to remove AUs.  If you read what I originally quoted the guy says he called to remove two AUs and was flagged.  I was curious as to which card company he was dealing with.

Yeah, my bad Happy... not sure how I misread that!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 25, 2017, 10:23:36 AM
this is by far the craziest/eassiest way i have ever made consistent money.  i'm amazed at the ease of this entire system. 

Profit this year 1575 so far with just 2 cards.  in 2 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 25, 2017, 11:16:17 AM
I had an issue come up with my mailman, he was delivering mail when my wife was at the door, some of the mail was a number of AU cards, and the mailman reported "unless you can verify these people live here I can't deliver this mail". My wife said she couldn't, presumably then were then returned to sender. Anyone else have this problem or thoughts about how to mitigate it?

You might call the local USPS office.  I don't think this is normal practice.  You could always have a story ready like traveling relatives are sending some mailing to you temporarily.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 25, 2017, 01:37:17 PM
One of the cards I registered with New Company turned another year older this week. So I wrote to New Company and told them my card was a year older. The reply I got was, thanks, but since it hasn't reached the next threshold for payouts, it doesn't matter.

I thought they were selling slots based on age and credit limit of the card? Even though I wouldn't get any more payout for this card, shouldn't they still want to know it's a year older so they can represent it properly to their customer?

Should I continue to report age and credit limit increases on my cards?

They know the age.  They have the month/year it opened.    Definitely update them with credit limit increases.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on January 25, 2017, 02:03:31 PM
One of the cards I registered with New Company turned another year older this week. So I wrote to New Company and told them my card was a year older. The reply I got was, thanks, but since it hasn't reached the next threshold for payouts, it doesn't matter.

I thought they were selling slots based on age and credit limit of the card? Even though I wouldn't get any more payout for this card, shouldn't they still want to know it's a year older so they can represent it properly to their customer?

Should I continue to report age and credit limit increases on my cards?

They know the age.  They have the month/year it opened.    Definitely update them with credit limit increases.  :)

The guy at the New Company told me that I should e-mail him when my card turns a year older, because his system will not automatically update that info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 25, 2017, 02:07:11 PM
Ah, good to know.  That's silly.

I'd have assumed they'd have the age somewhere and have excel (which they use for tracking everything) increment it by 1 when it passes the annual threshold.

Hope they get the portal up soon.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on January 25, 2017, 03:39:27 PM
My statement date is at the end of this week and I had not heard, so I figured it's not going to happen this month, but then I got 3 adds at one time.

Do you guys actually activate the cards that get send to you?
My card has an option to not mail out a card and I was wondering if that would make a difference.
Rep at Company says it's more credible to have the card mailed out and activated, but it's not absolutely necessary.

What do you all do?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 25, 2017, 03:47:11 PM
My statement date is at the end of this week and I had not heard, so I figured it's not going to happen this month, but then I got 3 adds at one time.

Yay!  I'm sure you have some good uses for that.  :)

It'll always be right around the end of your statement date.  Make sure you check email then and have internet/phone access to be able to add the AUs (just mentioning since I know you're off grid sometimes).  :)

Quote
Do you guys actually activate the cards that get send to you?
My card has an option to not mail out a card and I was wondering if that would make a difference.
Rep at Company says it's more credible to have the card mailed out and activated, but it's not absolutely necessary.

What do you all do?

1) No, I never activate it.
2) I always mail it.

I'm not convinced either makes a huge difference, but that's just what I do; if others do it differently, I have no argument.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: d4future on January 25, 2017, 04:02:33 PM
Got my first hit on new company.

Let many more come.

:)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 25, 2017, 04:10:42 PM
Started with company and haven't received any orders yet. I guess its a waiting game.

Got my first hit on new company.

Looks like you won the waiting game!  ;)

For people still hearing nothing: Orders are being placed.  Be patient, you will get some!   Work on requesting credit line raises to improve your chances of people wanting to buy tradelines on them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on January 25, 2017, 04:43:22 PM
Yay!  I'm sure you have some good uses for that.  :)


Yes, thanks again ARS!
I usually never count my money while sitting at the table, there'll be time enough for counting, when the dealin's done....
But this money INDEED, is already earmarked for donations, so I really really really hope it will all work out as planned!
Fingers crossed!
I did pause a bit when putting in authorized users....when the system said, that I'll be responsible for any charges they make...gulp!

Regarding being off grid, I did let Guy at Company know when signing up for this, that I may need longer lead times and that last minute adds my not always work out. He was fine with that.

I just prefer to be upfront, we sometimes go days without email / phone coverage. But I'll make it a point to try and have access a few days before statement date, now that I know I am "at the table".
Thanks again for doing all the work and sharing your findings!





Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 25, 2017, 04:51:08 PM
I did pause a bit when putting in authorized users....when the system said, that I'll be responsible for any charges they make...gulp!

haha, same here, and I'm sure the same for most of us with our first (few) adds.  :)

But 10 years in business for this new company, 4 years for Old Company, and not a single time where an AU charged something to a tradeline.  So that makes me feel much, much better about it.

Quote
Regarding being off grid, I did let Guy at Company know when signing up for this, that I may need longer lead times and that last minute adds my not always work out. He was fine with that.

Smart.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 25, 2017, 05:28:48 PM

For people still hearing nothing: Orders are being placed.  Be patient, you will get some!   Work on requesting credit line raises to improve your chances of people wanting to buy tradelines on them.

Is a credit line increase request a hard pull?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 25, 2017, 05:42:18 PM

For people still hearing nothing: Orders are being placed.  Be patient, you will get some!   Work on requesting credit line raises to improve your chances of people wanting to buy tradelines on them.

Is a credit line increase request a hard pull?

Depends on the credit card company. Some do them, some don't.

Also, inquiries barely affect your credit score.  I have 12+ in the last year, and my score is well north of 800.  Hard inquiries are not even something I worry about anymore, since starting churning/tradeline sales. (Except in the case I was in the process of getting a mortgage or something--I wouldn't add new ones at that point.  But I'd be fine having a lot already on there.  Just try to keep underwriting clean.)

Also very likely the higher limit, if granted, will more than offset the temporary ding from the inquiry.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 25, 2017, 07:07:04 PM
I'm not that concerned about my score; I am trying not to rock the boat too much in my quest for the CSR! (I'm slightly over 5/24 so it's probably a moot point anyway.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 25, 2017, 08:07:56 PM
Okay, I called in this morning to remove 2 AUs, one call per AU.

The exact same rep answered for the second call! Same name, same pleasant recognizable voice.

I just disconnected.

Edit: Well, apparently the rep flagged the call, subsequent calls were routed directly to the fraud department and I had to go through an extended verification.


What card company?

I believe any of them. I spoke to "the guy" from the tradeline company, and he said you can even remove using the secure message center on some cards - we were talking about Citi specifically - without even having to call! I would say if you are unsure, send "the guy" an email and he'll be happy to help you out. They want to make this as easy as possible for us, believe me!

One pointer he gave me was to try and call during the busier times of day. For one, you'll be less likely to get the same representative (statistically speaking), and two they will be in a hurry to help you and move on to the next customer. They really don't like for their call queues to get over a couple of minutes.


My question was about which card company flagged his call.  I understand about how to remove AUs.  If you read what I originally quoted the guy says he called to remove two AUs and was flagged.  I was curious as to which card company he was dealing with.

US Bank. I made several errors, and hopefully others will learn from them.

I didn't need to make 2 calls (prior sales had been staggered, this was my first time with 2 removes)

I called very early in the morning, because I wanted to wrap things up before a very busy rest of the week.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on January 26, 2017, 08:09:15 AM
Here's a question for those already active:

From reading the thread, it sounds like the lead time between AU request and statement closing date can be quite small (sometimes 1-2 days)...  How do you guy ensure the statement posts with a balance (to make sure it gets reported).

I'm asking because a lot of my eligible lines are sockdrawered cards that I don't regularly use, and even if I make a purchase the instant I get notified of the AU add, they often take a day or two to post.  How do you get around this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 26, 2017, 08:19:27 AM
What I currently do is get the AU request, add them, and make a small purchase (coffee if I've got nothing else I need to buy, or top off the gas tank) all in the same day.  I then also make a note to myself to make an additional purchase after each card's closing date so that there will be a balance the second month as well.  But this has the risk you mention.

Another approach that I am considering is to put all of my piggybacking cards in my wallet and use them in a rotating manner for purchases.  Since I make at least a dozen purchases a month and have fewer active piggybacking tradelines, this would ensure that there is always a balance on all of my cards.

A third approach (and I think this is one that ARS uses) is to put a small recurring auto charge on each piggybacking card - like an Amazon gift certificate purchase.  Just make sure the auto charge is large enough so that the credit card company doesn't forgive the small balance.  If it is something like an Amazon gift certificate that will get used eventually, $5 a month per line seems reasonable.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on January 26, 2017, 08:24:37 AM
Thanks for your thoughts.

I guess I was trying to avoid having to "deal with" (make payments, look at statements, etc) all those inactive cards on a routine basis.  However, assuming the best case scenario (that these lines start getting used on a consistent basis - and making me $$$) I will be doing those things anyway.

If the train really gets rolling, I will probably set up some kind of automatic charge as per your 3rd suggestion.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 26, 2017, 08:26:21 AM
i cant figure out how to setup an amazon recurring charge ... you have to set it up to reload when your balance goes below a level not just add 5 bucks per month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 26, 2017, 08:28:15 AM
Thanks for your thoughts.

I guess I was trying to avoid having to "deal with" (make payments, look at statements, etc) all those inactive cards on a routine basis.  However, assuming the best case scenario (that these lines start getting used on a consistent basis - and making me $$$) I will be doing those things anyway.

If the train really gets rolling, I will probably set up some kind of automatic charge as per your 3rd suggestion.

its not too difficult to login to amazon and add 5 bucks to your amazon gift card on each card once a month.  esp when you consider what the profits are.  i use them to pay utility bills as well
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on January 26, 2017, 08:49:12 AM
Here's a question for those already active:

From reading the thread, it sounds like the lead time between AU request and statement closing date can be quite small (sometimes 1-2 days)...  How do you guy ensure the statement posts with a balance (to make sure it gets reported).

I'm asking because a lot of my eligible lines are sockdrawered cards that I don't regularly use, and even if I make a purchase the instant I get notified of the AU add, they often take a day or two to post.  How do you get around this?
In my experience using a credit card, some vendors are consistently fast at posting charges. Charges that are pre-authorized, but the final amount may change and charges at small businesses tend to be slower than charges at large businesses where the exact charge is know at time of authorization. I imagine that Amazon gift card purchases always post by the end of the next business day.

I can think of at least two good reasons for the tradeline companies to want to provide AU requests close to the statement date: 1) the tradeline will appear on the AU's credit report sooner, 2) the tradeline maximizes their available inventory of cards by filling AUs on the card with the closest statement date first. I think I saw a post by someone here indicating that they gave the company a date that was a few days prior to the actual date. I could see this causing problems on the other end (the tradeline not posting by the date expected) but I imagine that they have a buffer on that end too. 1-2 extra days could be very handy for someone who doesn't want to schedule this small chore on a tight time frame though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 26, 2017, 09:16:50 AM
I took all of my monthly recurring charges (Netflix, Sling, utilities, Republic Wireless, etc.) and put one on each card. I still have two cards without recurring charges, so will need to make a small purchase on each of these, but for the others it's one less thing I have to think about.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shor on January 26, 2017, 09:39:34 AM
i cant figure out how to setup an amazon recurring charge ... you have to set it up to reload when your balance goes below a level not just add 5 bucks per month.
Does the recurring charge not work? I don't... understand your post. Why can't you just add 5 every month?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 26, 2017, 09:43:01 AM
i cant figure out how to setup an amazon recurring charge ... you have to set it up to reload when your balance goes below a level not just add 5 bucks per month.
Does the recurring charge not work? I don't... understand your post. Why can't you just add 5 every month?

i cant figure out how to do 5 bucks per month on amazon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: letired on January 26, 2017, 10:01:19 AM
Another good option is a recurring monthly donation. I make a small monthly donation to a few charities, and I've just been spreading them out across my various cards. Then I set up auto pay and don't have to worry about anything.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on January 26, 2017, 10:04:09 AM
Another option for automated payments would be to automate charitable giving. I have a monthly recurring $5 donation to the local public radio station, but most charities love to have recurring gifts because they allow for better planning and budgeting. If there's any charity that you plan on giving more than $60/year, consider this option.

EDIT: Sorry, letired, (and/or jinx). I'm going to have a nap and then fire ze missiles.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on January 26, 2017, 10:42:23 AM

i cant figure out how to do 5 bucks per month on amazon.

If you go here (https://www.amazon.com/asv/autoreload), you can enter the amount you want and set it on a schedule or select 'Monthly' under Frequency. Then select the credit card you want charged. Not sure if you can set up multiple auto-loads on multiple credit cards. But that's the link that should help you with auto-load.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: letired on January 26, 2017, 11:38:41 AM
Another option for automated payments would be to automate charitable giving. I have a monthly recurring $5 donation to the local public radio station, but most charities love to have recurring gifts because they allow for better planning and budgeting. If there's any charity that you plan on giving more than $60/year, consider this option.

EDIT: Sorry, letired, (and/or jinx). I'm going to have a nap and then fire ze missiles.

ahahhaha GREAT MINDS ETC ETC

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ketchup on January 26, 2017, 12:00:15 PM
Been considering looking into this for a while now.

I have three eligible cards (Barclays, Discover, and Citi), all 3-4 years old.  However, they have fairly low limits (highest is 3k) so they wouldn't work for this as-is.  My income (about triple) and credit (had no real history before, now I have a mortgage and a FICO of ~710) have improved with time, so should I pretty much be a shoe-in for credit line increases?  Any particular order or strategy to trying this?  Should I do only one at a time?  (Am I overthinking this?)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on January 26, 2017, 12:11:12 PM
Been considering looking into this for a while now.

I have three eligible cards (Barclays, Discover, and Citi), all 3-4 years old.  However, they have fairly low limits (highest is 3k) so they wouldn't work for this as-is.  My income (about triple) and credit (had no real history before, now I have a mortgage and a FICO of ~710) have improved with time, so should I pretty much be a shoe-in for credit line increases?  Any particular order or strategy to trying this?  Should I do only one at a time?  (Am I overthinking this?)

In my (very limited) experience, they won't bump you up that much at once.  I had a $5000 credit limit with a PNC credit card, requested $12,000, they gave me $7500 citing my lack of experience with such high limits.

Then I just applied for a Discover card and they gave me $12,500.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on January 26, 2017, 12:14:01 PM
...but it certainly doesn't hurt to ask.  I'm pretty sure though that, once you make the request, it is 6 months before they'll consider a second request.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ketchup on January 26, 2017, 12:16:41 PM
Been considering looking into this for a while now.

I have three eligible cards (Barclays, Discover, and Citi), all 3-4 years old.  However, they have fairly low limits (highest is 3k) so they wouldn't work for this as-is.  My income (about triple) and credit (had no real history before, now I have a mortgage and a FICO of ~710) have improved with time, so should I pretty much be a shoe-in for credit line increases?  Any particular order or strategy to trying this?  Should I do only one at a time?  (Am I overthinking this?)

In my (very limited) experience, they won't bump you up that much at once.  I had a $5000 credit limit with a PNC credit card, requested $12,000, they gave me $7500 citing my lack of experience with such high limits.

Then I just applied for a Discover card and they gave me $12,500.
Hmm, annoying.  My GF just had something similar happen actually which was part of why I was concerned; Chase finally raised her many-years-old $600 limit card all the way to... $1200.  Then she applied for some Amex and got instantly approved with a 10k limit.  Dumb.

...but it certainly doesn't hurt to ask.  I'm pretty sure though that, once you make the request, it is 6 months before they'll consider a second request.
Alright.  I could put in requests soon and then do another round in 6mo if need be.  Hopefully the first round would at least get me one card into eligibility-land ($5k).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 26, 2017, 12:29:56 PM

i cant figure out how to do 5 bucks per month on amazon.

If you go here (https://www.amazon.com/asv/autoreload), you can enter the amount you want and set it on a schedule or select 'Monthly' under Frequency. Then select the credit card you want charged. Not sure if you can set up multiple auto-loads on multiple credit cards. But that's the link that should help you with auto-load.

thank you so much i couldnt figure that out ... all i could find was a different page.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 26, 2017, 12:32:34 PM
i've found cards you pay for with annual fees typically come with higher CL's
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 26, 2017, 12:35:31 PM
I like the recurring charitable donation thought, especially if it was a donation you would be making that way anyways
We've already lump summed our planned donations through a donor advised fund for tax reasons, but this is something I might think about. It would just be more forced giving :)

My only worry would be about the efficiency of small recurring credit card transactions and small donations vs one large non credit card donation towards the charity. Presumably this is a charity I like, so I don't want to nickel and dime them. But from what I understand, charities like signing you up for recurring giving.

The approach for us has so far to wait for a tradeline sale, and then when it goes through walk over to a grocery store and buy something small with that credit card. The grocery stores seem to post relatively quickly, as opposed to other establishments, and we usually try to be in walking distance of a grocery store. It has been tricky if we've been in the middle of travel/transit when a tradeline sold, then we have to hope to find reliable internet, make a purchase, hope it goes through in time. Etc. No missed sales yet because of that, but some close calls.

The safer thing would be to make regular purchases on the first of each month with every enrolled card. Amazon gift certificates or what have you. Our cards are sufficiently sock drawered, and our sales few enough between, that I've been willing to take the risk and extra effort (and I have time on my hands and I like taking walks to the grocery store ).

If we were making regular sales on a high enough percentage of enrolled cards, I'd consider changing my approach.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: supomglol on January 26, 2017, 02:33:47 PM
Posting to follow.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 26, 2017, 03:22:56 PM
I don't do automated payments to Amazon, because we don't sell lines on every card every month (with a dozen enrolled between the wife and I).

Similarly, some cards may have all lines sold for two months, and I only do the payment the first month (when the adds are done).

When I get a TL order, I go add the AU, then go to this bookmark I have (one click):
https://smile.amazon.com/asv/reload/order?manualReload.amount=2.50 (https://smile.amazon.com/asv/reload/order?manualReload.amount=2.50)

Login autofills, then I hit "login" (two clicks), select the CC I sold the TL on (three clicks), select reload (four clicks).  Four clicks, and about 20 seconds (just waiting for two pages to load--the login page, then reload page), all done from the comfort of home.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rachael talcott on January 26, 2017, 04:18:05 PM
Does anyone have experience with a card aging into the next category?  I can't find the exact post, but someone said that they were not upgraded as a card aged, even after asking for it, and I have a card that is a few months from being upgraded to the next category.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 26, 2017, 04:26:51 PM
Does anyone have experience with a card aging into the next category?  I can't find the exact post, but someone said that they were not upgraded as a card aged, even after asking for it, and I have a card that is a few months from being upgraded to the next category.

The person just said their card aged, but not to the next level. Post was here (http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1399888/#msg1399888):
The reply I got was, thanks, but since it hasn't reached the next threshold for payouts, it doesn't matter.

You will be moved to the next payment level when it ages, if you email customer support when it happens.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rachael talcott on January 26, 2017, 04:28:13 PM
Does anyone have experience with a card aging into the next category?  I can't find the exact post, but someone said that they were not upgraded as a card aged, even after asking for it, and I have a card that is a few months from being upgraded to the next category.

The person just said their card aged, but not to the next level.

You will be moved to the next payment level when it ages, if you email customer support when it happens.

Oh, great.  Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rachael talcott on January 26, 2017, 05:13:51 PM
One more question:  I have a store card (Home Depot) issued by Citibank, N.A.  Does that count as a Citi card? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 26, 2017, 05:19:00 PM
One more question:  I have a store card (Home Depot) issued by Citibank, N.A.  Does that count as a Citi card?

You'll want to ask the tradeline company, because it's specific.  Sometimes yes, sometimes no.  It all depends on how it reports to the credit reporting agencies.

Like the Costco branded ones don't work, because they require the AU to be a Costco member with a Costco membership number.  I'd lean towards more likely that the HD one works, but it can't hurt to ask.

Let us know what they say!  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rachael talcott on January 26, 2017, 05:26:51 PM
One more question:  I have a store card (Home Depot) issued by Citibank, N.A.  Does that count as a Citi card?

You'll want to ask the tradeline company, because it's specific.  Sometimes yes, sometimes no.  It all depends on how it reports to the credit reporting agencies.

Like the Costco branded ones don't work, because they require the AU to be a Costco member with a Costco membership number.  I'd lean towards more likely that the HD one works, but it can't hurt to ask.

Let us know what they say!  :)

Email sent.  Will do. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 26, 2017, 07:35:10 PM
Does anyone have experience with a card aging into the next category?  I can't find the exact post, but someone said that they were not upgraded as a card aged, even after asking for it, and I have a card that is a few months from being upgraded to the next category.

The person just said their card aged, but not to the next level. Post was here (http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1399888/#msg1399888):
The reply I got was, thanks, but since it hasn't reached the next threshold for payouts, it doesn't matter.

You will be moved to the next payment level when it ages, if you email customer support when it happens.  :)

ARS's conditional here is important.  You must notify the new company when any cards you have enrolled either have aged into a new commission level or have a CL increase to a new commission level.  The company does not track this themselves.  See old post here (http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1364687/#msg1364687).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 26, 2017, 07:47:58 PM
...but it certainly doesn't hurt to ask.  I'm pretty sure though that, once you make the request, it is 6 months before they'll consider a second request.

Varies. Discover seems to be 2 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 26, 2017, 07:49:11 PM
I have a calendar alert to remind me to do it every 3 mo. for all my cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rachael talcott on January 27, 2017, 09:11:07 AM
One more question:  I have a store card (Home Depot) issued by Citibank, N.A.  Does that count as a Citi card?

You'll want to ask the tradeline company, because it's specific.  Sometimes yes, sometimes no.  It all depends on how it reports to the credit reporting agencies.

Like the Costco branded ones don't work, because they require the AU to be a Costco member with a Costco membership number.  I'd lean towards more likely that the HD one works, but it can't hurt to ask.

Let us know what they say!  :)

No on the Home Depot card issued by Citibank. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on January 27, 2017, 09:51:08 AM
How many days before the closing date do folks normally get an email regarding AU adds? My closing date on the one card is coming up on the 1st. It's a 12+ year old card with a 20K+ limit, so I would think it would be highly sought after? I know there are still a few days left of the month, but it's getting close. I am eager to get started!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 27, 2017, 11:33:22 AM
How many days before the closing date do folks normally get an email regarding AU adds? My closing date on the one card is coming up on the 1st. It's a 12+ year old card with a 20K+ limit, so I would think it would be highly sought after? I know there are still a few days left of the month, but it's getting close. I am eager to get started!

on the site i use i got my adds for my card that closes on the 4th 3 days ago.  but i havent seen any for my cards on the 6th.  not that helpful i know but data points.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 27, 2017, 01:41:27 PM
How many days before the closing date do folks normally get an email regarding AU adds? My closing date on the one card is coming up on the 1st. It's a 12+ year old card with a 20K+ limit, so I would think it would be highly sought after? I know there are still a few days left of the month, but it's getting close. I am eager to get started!

Typically 3-4 days ahead of time, with occasional "last minute" adds just a day or two ahead (usually last minute adds will be onto a card that had previous orders, in my experience, though not always).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 27, 2017, 02:30:47 PM
Another data point - I just got an add for a Capital One card with payment due date of Feb 1.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on January 27, 2017, 02:34:12 PM
Thanks for the input boarder42, arebelspy and ducky19. I am eager to get going and this will be my first time! Fingers crossed for some adds...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: johnsmithindustries on January 27, 2017, 05:12:10 PM
For those of you that have to call to add an AU, and then call to remove an AU... what do you actually SAY to the rep on the phone?

i.e. what do you say when asked:

How do you know the person?
Details of the person you don't actually know (single, etc.)?
Why do you want to add them as an AU?
Why do you want to remove them as an AU?
Why do you have so many AUs on one card?
Why do you so frequently add/remove AUs?

etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 27, 2017, 05:19:58 PM
For those of you that have to call to add an AU, and then call to remove an AU... what do you actually SAY to the rep on the phone?

i.e. what do you say when asked:

How do you know the person?
Details of the person you don't actually know (single, etc.)?
Why do you want to add them as an AU?
Why do you want to remove them as an AU?
Why do you have so many AUs on one card?
Why do you so frequently add/remove AUs?

etc.

I call and say "I'd like to remove all of the authorized users."  And they say "okay." Then I wait, and they say "done" and I tell them thanks.

I do practice saying their names out loud before I call, in case I have to say it, I don't care if the pronunciation is wrong, as long as it's smooth.  Sometimes it'll be a "remove ABC, leave XYZ" if I have an AU that needs to stay on.

I have never been asked any of those things you mention.

I have heard you might with USAA (but when you add them), since they're a more exclusive club or whatever to get a card.

Most of mine are online, anyways (Barclay, Discover, Capital One, Bank of America are all add online, and only B of A is remove over the phone, the rest are remove online, IIRC, so it's mostly just B of A I'm calling, so I'm sure others will chime in with their experiences).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on January 27, 2017, 09:16:04 PM
I could add the AUs online with Barclays, but there was no spot for the SSN.
So I had to call in to add the SSN.

I just told them I wanted to add a SSN for security reasons.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 27, 2017, 09:17:17 PM
For those of you that have to call to add an AU, and then call to remove an AU... what do you actually SAY to the rep on the phone?

i.e. what do you say when asked:

How do you know the person? They're a friend of mine.
Details of the person you don't actually know (single, etc.)?  Old company provided answers to all the questions they've ever asked about this.  Assume new company will also.  If a detail is not provided, I usually say I don't know because they're a new friend.
Why do you want to add them as an AU?  We're working on a project together.
Why do you want to remove them as an AU?  The project we were working on is done.
Why do you have so many AUs on one card?  I want to.  Is there anything wrong with this?
Why do you so frequently add/remove AUs?  I want to.  Is there anything wrong with this?

etc.

The above is how I would answer or have answered.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on January 27, 2017, 11:50:29 PM
We are supposed to get tax statements from these companies, yes?
Has anyone gotten theirs from the company that ARS recommended first? Like from last year?

Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 27, 2017, 11:58:49 PM
We are supposed to get tax statements from these companies, yes?

Yes.

Quote
Has anyone gotten theirs from the company that ARS recommended first? Like from last year?

Should be available in a few days, electronically (where you view your paystubs) and in the mail.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 28, 2017, 12:31:39 PM
January is my first month selling tradelines, and I'm happy to report three sales for a cool $500! I still have a couple of days left in the month, but I'm not holding my breath for any more for January. Here's hoping February is at least as profitable!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 28, 2017, 12:53:25 PM
January is my first month selling tradelines, and I'm happy to report three sales for a cool $500! I still have a couple of days left in the month, but I'm not holding my breath for any more for January. Here's hoping February is at least as profitable!
Nice!

Hard to picture what other side gigs you could make $500 at your first month starting out while working from home.

That's not even counting the hours put in... even if you allow 10 hours/week for the other theoretical one or whatever and only 1 hour total for this one, I think it'd be hard to match just that the total dollar amount--once you factor in the time element, it's ridiculous.

:)

Thanks for sharing!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 28, 2017, 02:26:25 PM
January is my first month selling tradelines, and I'm happy to report three sales for a cool $500! I still have a couple of days left in the month, but I'm not holding my breath for any more for January. Here's hoping February is at least as profitable!

Awesome!  Do you know when you completed your setup paperwork?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 28, 2017, 03:12:50 PM
January is my first month selling tradelines, and I'm happy to report three sales for a cool $500! I still have a couple of days left in the month, but I'm not holding my breath for any more for January. Here's hoping February is at least as profitable!

Awesome!  Do you know when you completed your setup paperwork?

I'm not sure that matters? I got the impression from the tradeline guy that if you don't have cards >$20k and older than 2 years, you probably won't see much sales. I had one sale, i think I sent my stuff in on January 3rd.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 28, 2017, 03:20:00 PM
I'm not sure that matters? I got the impression from the tradeline guy that if you don't have cards >$20k and older than 2 years, you probably won't see much sales. I had one sale, i think I sent my stuff in on January 3rd.

Approximately half of the referral sales I've seen in Jan from New Company have been < 20k cards, and half over.

Many more < 20k cards are enrolled though, I believe, so percentage-wise, if you have a 20k+ card, it's much more likely to sell.

The date you put the paperwork in shouldn't matter, at this point, so much as your closing statement date.  Either way, there's not much you can do (other than call the CC companies to bump your limits up) except wait.  :)

Sales will come.  Lots of people are seeing them already, and February should have even more, now that people are enrolled the full month and they've been working on putting out all the new cards to their affiliate network to boost the AUs coming in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 28, 2017, 07:19:43 PM
Thanks guys.  I was just curious since the tradeline co guy ended his last email with a caveat about their being flooded with hundreds of MMM members.  Time will tell!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on January 28, 2017, 09:11:55 PM
I just got my first two orders, about 3 weeks after signing up a single 15K US Bank card.
Very easy process!

So now there won't be any more for two months (or whenever I remove these), since this card has a limit of 4 AUs.
The two of us (using the cards) and the two new ones.
Is that 4AU limit pretty common for other cards?


Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 28, 2017, 09:15:49 PM
I just got my first two orders, about 3 weeks after signing up a single 15K US Bank card.
Very easy process!

So now there won't be any more for two months (or whenever I remove these), since this card has a limit of 4 AUs.
The two of us (using the cards) and the two new ones.
Is that 4AU limit pretty common for other cards?

The primary on the account isn't an "authorized user" and doesn't count as such.

As for the SO, why not switch them to a different card?  Heck, sign up for a new card, which wouldn't be eligible for TL sales being too new, for your every day spend, so you can have an extra TL sale?  $150-175 every other month = $900-$1,050 per year more, I'd think moving what card you use as your daily driver would be worth that.  Maybe not to you, perhaps?  I just personally wouldn't have my SO as an AU when I could sell that slot and have her use a different card.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VladTheImpaler on January 28, 2017, 09:47:15 PM
Ugh, everyone else is getting orders.
I'm hoping to get a 'seat at the table' too.
I have 2 citi cards with the new company, payments due Feb 6 and Feb 16th.
Maybe I get "The Guy" some vodka?!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 28, 2017, 09:50:28 PM
Ugh, everyone else is getting orders.
I'm hoping to get a 'seat at the table' too.
I have 2 citi cards with the new company, payments due Feb 6 and Feb 16th.
Maybe I get "The Guy" some vodka?!

Relax.  :)

You're too far out to even be getting orders right now. I don't know what you're expecting, them to ignore the cards closing in the next 3 days for your cards closing further out?  :)

Read this again:
The date you put the paperwork in shouldn't matter, at this point, so much as your closing statement date.  Either way, there's not much you can do (other than call the CC companies to bump your limits up) except wait.  :)

Sales will come.  Lots of people are seeing them already, and February should have even more, now that people are enrolled the full month and they've been working on putting out all the new cards to their affiliate network to boost the AUs coming in.

Put it out of your mind.  When you get the email to add AUs, it'll be a pleasant surprise then.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on January 29, 2017, 08:09:47 AM
I just got my first two orders, about 3 weeks after signing up a single 15K US Bank card.
Very easy process!

So now there won't be any more for two months (or whenever I remove these), since this card has a limit of 4 AUs.
The two of us (using the cards) and the two new ones.
Is that 4AU limit pretty common for other cards?

The primary on the account isn't an "authorized user" and doesn't count as such.

As for the SO, why not switch them to a different card?  Heck, sign up for a new card, which wouldn't be eligible for TL sales being too new, for your every day spend, so you can have an extra TL sale?  $150-175 every other month = $900-$1,050 per year more, I'd think moving what card you use as your daily driver would be worth that.  Maybe not to you, perhaps?  I just personally wouldn't have my SO as an AU when I could sell that slot and have her use a different card.  :)

Ok, now I'm thinking that maybe we have more than 4 AUs because this is a joint account. That would mean SO isn't an AU? Huh. I won't worry about it and just ask customer service when the time comes next month.

I looked all around the account information and couldn't find an indication. For your other cards, when you get your monthly statements after having added AUs, do you see their names somewhere- either on the statement or on the online acct? I just added mine on Weds. There's no sign of them yet online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VladTheImpaler on January 29, 2017, 10:06:23 AM
Ugh, everyone else is getting orders.
I'm hoping to get a 'seat at the table' too.
I have 2 citi cards with the new company, payments due Feb 6 and Feb 16th.
Maybe I get "The Guy" some vodka?!

Relax.  :)

Ok I relaxed now. took shot of said vodka. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 29, 2017, 10:23:28 AM
I just got my first two orders, about 3 weeks after signing up a single 15K US Bank card.
Very easy process!

So now there won't be any more for two months (or whenever I remove these), since this card has a limit of 4 AUs.
The two of us (using the cards) and the two new ones.
Is that 4AU limit pretty common for other cards?

The primary on the account isn't an "authorized user" and doesn't count as such.

As for the SO, why not switch them to a different card?  Heck, sign up for a new card, which wouldn't be eligible for TL sales being too new, for your every day spend, so you can have an extra TL sale?  $150-175 every other month = $900-$1,050 per year more, I'd think moving what card you use as your daily driver would be worth that.  Maybe not to you, perhaps?  I just personally wouldn't have my SO as an AU when I could sell that slot and have her use a different card.  :)

Ok, now I'm thinking that maybe we have more than 4 AUs because this is a joint account. That would mean SO isn't an AU? Huh. I won't worry about it and just ask customer service when the time comes next month.

I looked all around the account information and couldn't find an indication. For your other cards, when you get your monthly statements after having added AUs, do you see their names somewhere- either on the statement or on the online acct? I just added mine on Weds. There's no sign of them yet online.

Even if it is a joint account, they would only use the number of slots that they indicate for that credit card company.  If it's 4, then it's 4, not 8.  If you want to double up because of your SO, then what you should probably be doing is getting cards in your name alone and cards in her name alone.  Then add 4 AU's to your card, and she can add 4 AU's to her card.

I can't remember which CC company it was - USAA I think - but my AU's show up on my monthly statement so I can see their (non-existent) activity.  And of course, you should get a card in the mail with their name on it in a few days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 29, 2017, 10:39:19 AM
I'm not sure that matters? I got the impression from the tradeline guy that if you don't have cards >$20k and older than 2 years, you probably won't see much sales. I had one sale, i think I sent my stuff in on January 3rd.

Approximately half of the referral sales I've seen in Jan from New Company have been < 20k cards, and half over.

Many more < 20k cards are enrolled though, I believe, so percentage-wise, if you have a 20k+ card, it's much more likely to sell.

A few questions:

1.  Do you think cards with even higher limits (say $30K, $40K, $50K) would garner more sales?

I've got a lot of credit limit and distinct cards, and I'm trying to figure out if it would be a good idea to consolidate lines or shift credit limit in order to juice my returns with the new company.

As a simple example, I have two Barclays cards.  One is new as of November 2016 with a $10K limit; the other is just over two years old with a $27.5K limit.  The latter card is worth $200 per AU slot now, but if I shifted, say $5K of the limit it would go into the next higher commission bucket.

As a more complicated example, I have four USBank cards, with $25K, $15K, $25K, and $58K.  I'm trying to figure out what to do with them.

In general, I would guess that customers of the new company are willing to pay for the size and age of line that they need, but not more.  With the old company, I think I saw many more sales on my $30K+11year USAA line than on my $55K+19year Chase line.  Are there a lot of customers of the new company that need to rent $55K lines compared to the number of lines available from people like us?

2.  On a similar note, if one has a small line, say $5K or $10K, is it better to leave that as a standalone line and pick up a few $50 commissions, or to move it to a monster card?  There is an annual fee in there to consider.

3.  Is it better to be towards the upper end of the commission CL range or the lower?  In other words, as a general strategy, would you rather have a CL with a $20,001 limit, or a $29,998 limit?

---

Overall, it's fun playing the game; now I feel the need to try to optimize it.  Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 29, 2017, 11:12:04 AM
Quote
2.  On a similar note, if one has a small line, say $5K or $10K, is it better to leave that as a standalone line and pick up a few $50 commissions, or to move it to a monster card?  There is an annual fee in there to consider.

There is zero reason to ever pay an annual fee unless you are received benefits that are worth it. Nearly every issuer will let you product change to a card that does not have a fee. For example, Citibank has the "AAdvantage Citi Bronze" which is not publiciized, but it has no fee and gives you 1 point per 2 dollars spent. Product changes do not change your card open date.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 29, 2017, 12:39:59 PM
ARS, good tip on requesting CLI's every 3 months.  I was doing Discover every 6 months.  I tried after 3 months based on your comment and it was raised.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 29, 2017, 01:47:03 PM
ARS, good tip on requesting CLI's every 3 months.  I was doing Discover every 6 months.  I tried after 3 months based on your comment and it was raised.
As I said before, i have verified that you can do a CLI on Discover every 2 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 29, 2017, 02:11:58 PM
There is zero reason to ever pay an annual fee unless you are received benefits that are worth it. Nearly every issuer will let you product change to a card that does not have a fee. For example, Citibank has the "AAdvantage Citi Bronze" which is not publiciized, but it has no fee and gives you 1 point per 2 dollars spent. Product changes do not change your card open date.

The benefits are selling tradelines.  ;)

Barclays, for example, doesn't have an equivalent for their airline branded cards.  We shut down Lufthansa Miles and More cards a few months before learning about TL sales because they refused to waive the fee, and had no cards we could switch it to (despite multiple calls to verify that).  Would have cancelled other ones, too (AA card and Arrival+) if they didn't downgrade, but for finding about tradeline sales.

Now I'm happily paying $89/yr (written off as an expense against the income) to make hundreds from that card.

It is worth seeing if they have a card you can downgrade it to, without an annual fee.  But if not, it may be worth keeping open to do TL sales, even with paying a fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 29, 2017, 02:40:30 PM
A few questions:

1.  Do you think cards with even higher limits (say $30K, $40K, $50K) would garner more sales?

I've got a lot of credit limit and distinct cards, and I'm trying to figure out if it would be a good idea to consolidate lines or shift credit limit in order to juice my returns with the new company.

As a simple example, I have two Barclays cards.  One is new as of November 2016 with a $10K limit; the other is just over two years old with a $27.5K limit.  The latter card is worth $200 per AU slot now, but if I shifted, say $5K of the limit it would go into the next higher commission bucket.

As a more complicated example, I have four USBank cards, with $25K, $15K, $25K, and $58K.  I'm trying to figure out what to do with them.

In general, I would guess that customers of the new company are willing to pay for the size and age of line that they need, but not more.  With the old company, I think I saw many more sales on my $30K+11year USAA line than on my $55K+19year Chase line.  Are there a lot of customers of the new company that need to rent $55K lines compared to the number of lines available from people like us?

2.  On a similar note, if one has a small line, say $5K or $10K, is it better to leave that as a standalone line and pick up a few $50 commissions, or to move it to a monster card?  There is an annual fee in there to consider.

3.  Is it better to be towards the upper end of the commission CL range or the lower?  In other words, as a general strategy, would you rather have a CL with a $20,001 limit, or a $29,998 limit?

---

Overall, it's fun playing the game; now I feel the need to try to optimize it.  Thanks!

Good questions.  I don't have enough information to have answers, but I can speculate based on my gut and what it seems like.

1. Yes.  Higher limits should sell more.

However, as far as having two $15k cards into one $30k card, I'd probably leave two 15k ones, to get more overall sales.  At Old Company I'd probably have combined them.  At the very least, right now I'd enroll them all and see how it goes (and negotiate on the 58k one), if they're selling out or not.

The exception is Chase. I'd only have one Chase enrolled, if you do Chase, so I'd combine them all to one mega limit in that case.

2. <10k cards I'd move, or move some from the monster cards to get it to 15k or so. 

I'd rather have 3 20k cards than one 60k card.  But I'd rather have 1 20k card than 3 7k cards.

Basically cards below 10k don't really sell much, but cards in the 20k range sell pretty decent, so I'd rather have more of those, even if the 60k card will definitely sell out, it'll be less lines overall.

3. With Old Company, I was thinking it might be beneficial to be at the top of the range.  I haven't seen that same thing with New Company, so I'm working on just pushing everything up as much as possible.

Again, this is all speculation, and it may be worth emailing the TL company for their thoughts, but that's what I'm thinking at the moment.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 29, 2017, 03:02:50 PM
There is zero reason to ever pay an annual fee unless you are received benefits that are worth it. Nearly every issuer will let you product change to a card that does not have a fee. For example, Citibank has the "AAdvantage Citi Bronze" which is not publiciized, but it has no fee and gives you 1 point per 2 dollars spent. Product changes do not change your card open date.

The benefits are selling tradelines.  ;)

Barclays, for example, doesn't have an equivalent for their airline branded cards.  We shut down Lufthansa Miles and More cards a few months before learning about TL sales because they refused to waive the fee, and had no cards we could switch it to (despite multiple calls to verify that).  Would have cancelled other ones, too (AA card and Arrival+) if they didn't downgrade, but for finding about tradeline sales.

Now I'm happily paying $89/yr (written off as an expense against the income) to make hundreds from that card.

It is worth seeing if they have a card you can downgrade it to, without an annual fee.  But if not, it may be worth keeping open to do TL sales, even with paying a fee.

The Arrival + can downgrade to Arrival. At least that's what I did years ago. Odd that they wouldn't let you product change the Lufthansa to something else.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 29, 2017, 06:41:34 PM
ARS, good tip on requesting CLI's every 3 months.  I was doing Discover every 6 months.  I tried after 3 months based on your comment and it was raised.
As I said before, i have verified that you can do a CLI on Discover every 2 months.

Thanks Tom!  I must have missed that.  Great info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 30, 2017, 07:54:44 AM
just got a 500 dollar bump on my discover

and a 5k!! bump on my barclays. this moved up a level.  equates to 900 dollars more per year at my conservative estimate.  much more once it turns 2. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 30, 2017, 08:27:14 AM
so ARS should we start a new thread to discuss what people are doing with this income on their taxes this year?  or is this a good place for it.

I plan to just file as misc income and not file as a business subject to FICA taxes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 30, 2017, 09:09:05 AM
so ARS should we start a new thread to discuss what people are doing with this income on their taxes this year?  or is this a good place for it.

I plan to just file as misc income and not file as a business subject to FICA taxes.

I don't know if that's a choice, but if you do recognize it as self employment income (which i believe it probably is) You could always open a SEP, SIMPLE IRA or Individual 401(k) and funnel it all (less the SE taxes) into retirement accounts.


i'd also argue that if it was a choice, you probably should recognize it as SE income until you are above the Second Bend Point:

https://thefinancebuff.com/early-retirement-social-security-benefits.html
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 30, 2017, 12:19:47 PM
so ARS should we start a new thread to discuss what people are doing with this income on their taxes this year?  or is this a good place for it.

I plan to just file as misc income and not file as a business subject to FICA taxes.

I don't know if that's a choice, but if you do recognize it as self employment income (which i believe it probably is) You could always open a SEP, SIMPLE IRA or Individual 401(k) and funnel it all (less the SE taxes) into retirement accounts.


i'd also argue that if it was a choice, you probably should recognize it as SE income until you are above the Second Bend Point:

https://thefinancebuff.com/early-retirement-social-security-benefits.html

i'm easily above the second bend.  in 2016 i only made a couple grand.  i already have a SEP setup from past daily fantasy wins i filed a schedule C for. for 2017 i will have to do the math b/c my base pay is close to the "you dont have to pay int SSA number" which then with just medicare there is a breakeven point where since your SEP contributions avoid fed and state taxes at 31% for me it makes sense to just file as a business.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 30, 2017, 02:08:06 PM
so ARS should we start a new thread to discuss what people are doing with this income on their taxes this year?  or is this a good place for it.

I plan to just file as misc income and not file as a business subject to FICA taxes.

Feel free to discuss here.  :)

I plan to exclude it all under FEIE, being an expat, but I'm interested in the discussion both for when I eventually go back to the states, and as an intellectual curiosity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 30, 2017, 03:03:29 PM
looks like they raised that number to 127200 for when your IRS payments stop.  I feel like this is the perfect scenario for an S corp.  Its easy to argue that the level of effort involved is so small that it would justify you paying your self 300 an hour ... and the real value is in the assets(credit lines) you company holds.  so figure out the balance of taxes with that.  i havent researched it a ton.  but just avoiding fica would save quite a bit of money. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 30, 2017, 08:40:20 PM
It would be beneficial if the tradeline income was income for my wife instead of myself, as I have a lot more social security wages.

She already handles a lot of the work, and it would be straightforward to have her handle all the tradeline stuff. No business set up though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on January 30, 2017, 08:48:39 PM
Two interesting notes - I emailed the new company to ask about adding 2 cards that just passed 1 year of age and was told that they are very unlikely to get any sales until they are 2 years old, because a card that young can lower the average account age of the customer, and sometimes actually drop their credit score. I hadn't heard this reasoning before, but it explains the incredible low order volume on cards 1-2 years old.

I was also told that the new company is launching a new online interface this week! I am excited, because the online interface is my favorite part about the old company's process. It was also hinted that users can add cards themselves - maybe we'll also be able to remove them, or set limits on tradeline sales without emailing?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 30, 2017, 11:45:22 PM
Two interesting notes - I emailed the new company to ask about adding 2 cards that just passed 1 year of age and was told that they are very unlikely to get any sales until they are 2 years old, because a card that young can lower the average account age of the customer, and sometimes actually drop their credit score. I hadn't heard this reasoning before, but it explains the incredible low order volume on cards 1-2 years old.

Yep.  The older it is, the more it helps their average age, and if it's younger, it could possibly hurt.  The younger cards are less likely to see sales UNLESS it has a large limit. 

So someone might buy, say, a 1 year old card with 30k limit, and 11 year old card with 10k limit which will add 40k credit limit and an average age between the two of 6 years each.

Quote
I was also told that the new company is launching a new online interface this week! I am excited, because the online interface is my favorite part about the old company's process. It was also hinted that users can add cards themselves - maybe we'll also be able to remove them, or set limits on tradeline sales without emailing?

Indeed!  This is the system I referenced in the initial comparison post:
Quote
The new company has a portal, sort of, but it's not in use.  I got a login for it and poked around, and can see why it's not being used.  Right now they manually do everything.  So when you get tradeline sales, they email you with the AU info to add (and, if Discover, email the info that might need to be uploaded).  After you add them, you email them back to confirm you added it.  Later they will tell you when to remove the AU, via (you guessed it) an email.

This could be considered a pro, if you like that personal touch, or a con, if you like it all automated, and less emails.

They are working on tweaking/updating their portal, and their owner swears it will be in use soon, but there's a lot of work to be done from what I can see. For now, the manual (email) way does work, even if it's less efficient.

Like I said, I've had access since October, but they've been working on updating and improving it for the past few months, and it's supposed to roll out tomorrow!  I'm excited to see it.

The company will send an email to everyone once it's up.  No need to email them asking--you guys will know.

This is the one major area where the new recommendation was behind the old company, like I mentioned, so this is pretty exciting.

The new portal will add many features catching them up with the old company (like text notifications, online tracking of orders) and address the concern brought up earlier in the thread about the AU info being sent over email.

Here is the things to know:


Make sure you go in and add your cards ASAP--that's the way to get sales under the new system (won't guarantee it, obviously, the main diver is still people wanting your card, but not getting it in there definitely will prevent you from getting sales once they're 100% switched over to the new system).

Hold off questions if you can for the moment--you should be able to log in and try it yourself, soon!

I'd hold off emailing the company for the moment on miscellaneous stuff as well (except if related to an AU add), simply because they're quite busy getting this launched, but give it a few days, and then everything should be good to go.  Stuff tends to be "bumpy" when new systems come into place, so keep that in mind, but hopefully this won't have too many hiccups. We'll cross our fingers.

Plus everything should be much smoother going forward.

:)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 31, 2017, 07:03:14 AM
ARS,

To clarify, are you saying to add existing cards to the online system or new cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 31, 2017, 07:23:46 AM
It would be beneficial if the tradeline income was income for my wife instead of myself, as I have a lot more social security wages.

She already handles a lot of the work, and it would be straightforward to have her handle all the tradeline stuff. No business set up though.

Do it under her Ssn or register a tax ID number for her.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 31, 2017, 01:43:18 PM
ARS, thanks for the detailed update.

One morw thing to wait on...😁
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on January 31, 2017, 02:00:58 PM
I was just about to give up on any sales for this month (closing date is the 1st) when blammo, I get the email! So I practice saying the name and call USAA, bantering with the customer service rep about this and that. Asks for Name, DOB, SSN....all info I have. Then asks for gender (???) and marital status (???) so I wing it and it's fine. I email the company to let them know and they said that USAA generally didn't ask for that information but that they will include it in the future. So just FYI for folks with USAA. Took 5 minutes and I was surprisingly nervous, but it was really fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 31, 2017, 02:23:55 PM
I was just about to give up on any sales for this month (closing date is the 1st) when blammo, I get the email! So I practice saying the name and call USAA, bantering with the customer service rep about this and that. Asks for Name, DOB, SSN....all info I have. Then asks for gender (???) and marital status (???) so I wing it and it's fine. I email the company to let them know and they said that USAA generally didn't ask for that information but that they will include it in the future. So just FYI for folks with USAA. Took 5 minutes and I was surprisingly nervous, but it was really fine.

I've had quite a few USAA sales on my line with them.

They've *always* asked for gender, marital status, confirmed US citizenship, and occasionally they've asked for job category.  The old company provided the first three; I also winged it on the last one when necessary.

They've also *always* set up a USAA profile for the person, even though the old company said it wasn't necessary and to discourage USAA from doing so.  It was a few extra minutes and I didn't see any harm so I just let 'em do it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 31, 2017, 02:31:30 PM
ARS,

To clarify, are you saying to add existing cards to the online system or new cards?

You will be adding the existing cards... basically so they don't have to input hundreds of cards into the system, having individual cardholders put in their own cards will speed up the process.  :)

I was just about to give up on any sales for this month (closing date is the 1st) when blammo, I get the email!

Nice!  :)

Quote
So I practice saying the name and call USAA, bantering with the customer service rep about this and that. Asks for Name, DOB, SSN....all info I have. Then asks for gender (???) and marital status (???) so I wing it and it's fine. I email the company to let them know and they said that USAA generally didn't ask for that information but that they will include it in the future. So just FYI for folks with USAA. Took 5 minutes and I was surprisingly nervous, but it was really fine.

Yeah, USAA seems much more stringent on info than other CC companies.

Also, FYI for everyone, I just received my 1099 from the old company today, so be on the lookout for that.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on January 31, 2017, 02:40:17 PM
I also got my 1099 from the old company today, by email (password protected PDF).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 31, 2017, 03:06:15 PM
I also got my 1099 from the old company today, by email (password protected PDF).

yes and its interesting when i put it into credit karma since its under nonemployee compensation if i list it as other income then it doesnt come thru on the line item. well it does on the major sheet but not the questionaire.  its strange.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on January 31, 2017, 03:18:01 PM
Finally think I'm about to ready to jump on board here. I have the following cards:

Best Buy branded Citi Visa - add authorized user is available under the account setting - need to confirm this is a valid Citi card. $10.7k balance. Open date is listed as 7/2009. Previously a Cap One card that was transferred to Citi in 2013. Reports payment history for this card back to 2013. The Cap One account is listed separately on my credit report.

Discover (me) - opened 7/09. $17.9k limit - just requested an increase at the end of November. Hopefully the next increase will get me over 20k. That way I'd be at $225 per AU once I pass 8 years in July.

Discover (wife) - opened  6/15. $16.7k limit. Also requested the increase back in November. Not yet up to 2 years so not as sweet of a deal.

Just getting a few things in order before I jump on the bandwagon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 31, 2017, 03:20:14 PM
Discover (wife) - opened  6/15. $16.7k limit. Also requested the increase back in November. Not yet up to 2 years so not as sweet of a deal.

Just getting a few things in order before I jump on the bandwagon.

They will likely take that card even though it is under 2 years due to the limit.  You can inquire when you send in your paperwork.  I had one very similar that they took.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 31, 2017, 07:31:28 PM
I also got my 1099 from the old company today, by email (password protected PDF).

Same. Already printed and in my tax file.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 01, 2017, 09:45:52 AM
Has anyone gotten an email yet about the new website and interface? I've been waiting on pins and needles and still haven't seen one...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 01, 2017, 09:52:09 AM
Has anyone gotten an email yet about the new website and interface? I've been waiting on pins and needles and still haven't seen one...

You will know when we get it, because you will get it, too, it will go out to all investors, not individually emailed.

Be patient.  :)

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on February 01, 2017, 09:52:21 AM
Has anyone gotten an email yet about the new website and interface? I've been waiting on pins and needles and still haven't seen one...

nope...eagerly awaiting it here too
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 01, 2017, 09:59:14 AM
Thanks! Was just wondering since I thought it was supposed to go live yesterday. I'll be patient - but I won't like it....

;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gimesalot on February 01, 2017, 12:58:53 PM
Adding another data point:

Just added three AUs to my second credit card.  So in the first month I have sold 5 tradelines at $75 each.   Although this may be low for some on here but I am extremely happy with the results.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 01, 2017, 01:13:14 PM
nothing to frown at 5 TL's for 75 bucks.  i've got 5 cards in now and will have 17 by this time next year hopefully.  if i fill everything on my 5 now its 2200  amonth.  next year if i fill all 17 its 60k a year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 01, 2017, 01:24:36 PM
nothing to frown at 5 TL's for 75 bucks.  i've got 5 cards in now and will have 17 by this time next year hopefully.  if i fill everything on my 5 now its 2200  amonth.  next year if i fill all 17 its 60k a year.

Man I would quit my day job with that level of earnings. I only have one card, but it has a high limit and is very old. Still trying to get the wife on board, but she is very skeptical.

I wonder if this company gets flooded as well if they will slow down and/or reduce payouts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 01, 2017, 02:15:00 PM
Adding another data point:

Just added three AUs to my second credit card.  So in the first month I have sold 5 tradelines at $75 each.   Although this may be low for some on here but I am extremely happy with the results.

What is the limit and age of that card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 01, 2017, 02:38:36 PM
nothing to frown at 5 TL's for 75 bucks.  i've got 5 cards in now and will have 17 by this time next year hopefully.  if i fill everything on my 5 now its 2200  amonth.  next year if i fill all 17 its 60k a year.

Man I would quit my day job with that level of earnings. I only have one card, but it has a high limit and is very old. Still trying to get the wife on board, but she is very skeptical.

I wonder if this company gets flooded as well if they will slow down and/or reduce payouts.

Cant quit my day job. dont know how long this will last.  i'm 6-7 years from FI  If this is still churning dough in 4-5 years i will likely be done working. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gimesalot on February 01, 2017, 03:28:46 PM
Adding another data point:

Just added three AUs to my second credit card.  So in the first month I have sold 5 tradelines at $75 each.   Although this may be low for some on here but I am extremely happy with the results.

What is the limit and age of that card?

I have one card that is at $9,600 and the other one is $6,500.  Both are 7 years old.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on February 01, 2017, 10:11:10 PM
so ARS should we start a new thread to discuss what people are doing with this income on their taxes this year?  or is this a good place for it.

I plan to just file as misc income and not file as a business subject to FICA taxes.

Feel free to discuss here.  :)

I plan to exclude it all under FEIE, being an expat, but I'm interested in the discussion both for when I eventually go back to the states, and as an intellectual curiosity.

I think it's a good point boarder42 brought up, and I'm not sure I agree this is the best place to discuss it. It is an active thread, and I already had trouble keeping up with the tax discussion in between the updates of tradelines sales people have gotten, the upcoming interface for new company, 1099 being issued by old company, etc.

If anyone else is interested, I took the liberty of creating a new thread: Small Business and Miscellaneous Income Best Practices (http://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices/) broken off from here and summarized with the relevant discussion I could find. It might be a good general purpose resource for all the side hustle income people on the board have.

I'd like to get people's more indepth thoughts on their tax strategy, because I was just thinking that since in 2016, we did nothing to shelter the tradeline income, it's essentially a 30% - 40% haircut for us after paying State and Federal taxes. Getting the taxes right might have have almost made as much a difference as selling twice as many tradelines!

I'm also curious about the FICA aspect, since my wife and I FI/RE'ed before hitting 40 credits, so there might be relavent aspects for other's on the board about how to approach that.

If you disagree, you can continue here, and that other thread will die a sad lonely death :) but I think it is worth breaking off a separate discussion 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on February 01, 2017, 11:24:26 PM
Doesn't seem like anyone got the portal email? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 02, 2017, 05:17:17 AM
Doesn't seem like anyone got the portal email?

Nope.

I expect several people will be excited to post in this thread as soon as it arrives....

Including me  ;)

I'm much happier with self-serve than sending emails and relying on someone else to go through and update stuff. I have to type it anyway, might as well type it directly into the system.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on February 02, 2017, 08:02:20 AM
I haven't got any adds yet...its been a month :(

I submitted 5 cards, a chase 9 years old 20k limit, barclays 3 years old 17k limit, capital one 2 years old 30k limit, a chase 4 years old 17k limit and a discover 8 years old 11k limit.

Maybe my cards suck... idk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on February 02, 2017, 08:29:09 AM
I haven't got any adds yet...its been a month :(

I submitted 5 cards, a chase 9 years old 20k limit, barclays 3 years old 17k limit, capital one 2 years old 30k limit, a chase 4 years old 17k limit and a discover 8 years old 11k limit.

Maybe my cards suck... idk

I talked to the main dude on the phone and he mentioned this was the first time in 10 years they actually had an oversupply of host cards, and they were going to step up their marketing efforts to find more clients. It may take them some time to round up more customers to fill all of our slots.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 02, 2017, 08:58:04 AM
I haven't got any adds yet...its been a month :(

I submitted 5 cards, a chase 9 years old 20k limit, barclays 3 years old 17k limit, capital one 2 years old 30k limit, a chase 4 years old 17k limit and a discover 8 years old 11k limit.

Maybe my cards suck... idk

I talked to the main dude on the phone and he mentioned this was the first time in 10 years they actually had an oversupply of host cards, and they were going to step up their marketing efforts to find more clients. It may take them some time to round up more customers to fill all of our slots.

knew this would happen again.  no way they could take the flood.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: timmers78 on February 02, 2017, 09:57:18 AM
If a card gets cancelled, are you then "black balled" from that company?   The reason I ask is that I am starting to do some credit card hacking as well and not being allowed to open the neceaaary cards for the hacking would obviously inhibits the success.  Example, I have a Capital One card that I plan to use for tradelines for $250 an AU.  Knowing that Cap One has a higher probability of cancelling, will I have an issue with getting another Cap One card down the road for hacking?  PS, I definitely don't plan to use any my hacking cards for tradelines until after the large bonus points are redeemed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 02, 2017, 10:18:57 AM
If a card gets cancelled, are you then "black balled" from that company?   The reason I ask is that I am starting to do some credit card hacking as well and not being allowed to open the neceaaary cards for the hacking would obviously inhibits the success.  Example, I have a Capital One card that I plan to use for tradelines for $250 an AU.  Knowing that Cap One has a higher probability of cancelling, will I have an issue with getting another Cap One card down the road for hacking?  PS, I definitely don't plan to use any my hacking cards for tradelines until after the large bonus points are redeemed.

Hacking is pennies compared to this.  I've hacked for 2 years.  500 bucks in on one time sign up bonus you make in one month with that cap one card.  So who really cares ... you should be asking if it gets shutdown will i not be able to get future cards for this system. 

another example my citi AA card gets me 50k points that 2 RT's to hawaii so worht about 2k ... in this system i get 115 up to 4 AUs a month.  if i assume i only get half that.  i make 2760 a year on this card ...

you should be looking to open cards to profit in this system and if you get the travel sign up bonus.  thats just gravy now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 02, 2017, 11:13:04 AM
you should be looking to open cards to profit in this system and if you get the travel sign up bonus.  thats just gravy now.

Personally, I am looking at opening cards with all of the "easy" CC companies for tradeline sales.  If this isn't around in 2 years, oh well, but it's very much worth a shot!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: timmers78 on February 02, 2017, 12:17:27 PM
I agree that trade lines can be much more profitable than hacking but I only have 1 card that qualifies for tradelines today so in the short term (2 years) travel hacking should save me more money that's a tradeline with Cap One will.  Great point though, do cards cancelled from tradelining prevent you from getting future cards with the company that canceled you?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 02, 2017, 12:26:47 PM
you should be looking to open cards to profit in this system and if you get the travel sign up bonus.  thats just gravy now.

Personally, I am looking at opening cards with all of the "easy" CC companies for tradeline sales.  If this isn't around in 2 years, oh well, but it's very much worth a shot!

agreed its what i'm doing.  i've opened up 12 new lines of credit since july when i found out about this
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on February 02, 2017, 12:52:09 PM
I haven't got any adds yet...its been a month :(

I submitted 5 cards, a chase 9 years old 20k limit, barclays 3 years old 17k limit, capital one 2 years old 30k limit, a chase 4 years old 17k limit and a discover 8 years old 11k limit.

Maybe my cards suck... idk

I talked to the main dude on the phone and he mentioned this was the first time in 10 years they actually had an oversupply of host cards, and they were going to step up their marketing efforts to find more clients. It may take them some time to round up more customers to fill all of our slots.

I was also pretty bummed bc I hadn't gotten any bites on my card (10+ years, 20K+ credit line) and then a few days before the closing date I got one. Good stuff! And then last night, an hour before the customer service line for my bank closed, I got another order, and then another one directly after that! I had to turn down the last one because at that point my bank had closed. But I wasn't expecting the last minute orders, though I am happy with it.

In other related news, USAA is a PITA to add AUs to. I was asked a ridiculous number of questions. Was he a US citizen. What his degree was in. His phone number. His email address. How long he had been employed. I didn't have a lot of that and it was fine, but it makes me wonder if they were suspicious (he had a difficult name and there is a chance I mispronounced it and maybe that tipped them off?) It ended up being fine but I am definitely preparing myself for this card getting shut down. Working on seasoning some other cards in the meantime.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 02, 2017, 12:54:30 PM
Quote
And then last night, an hour before the customer service line for my bank closed, I got another order, and then another one directly after that! I had to turn down the last one because at that point my bank had closed.

They are only giving you 1 day lead time to add? That doesn't make sense.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on February 02, 2017, 01:05:23 PM
Quote
And then last night, an hour before the customer service line for my bank closed, I got another order, and then another one directly after that! I had to turn down the last one because at that point my bank had closed.

They are only giving you 1 day lead time to add? That doesn't make sense.

It wasn't even 1 day. It was hours. I hope going forward it isn't that chaotic. But for the amount of money, I am willing to deal with some hassle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 02, 2017, 01:15:06 PM
I haven't got any adds yet...its been a month :(

I submitted 5 cards, a chase 9 years old 20k limit, barclays 3 years old 17k limit, capital one 2 years old 30k limit, a chase 4 years old 17k limit and a discover 8 years old 11k limit.

Maybe my cards suck... idk

I talked to the main dude on the phone and he mentioned this was the first time in 10 years they actually had an oversupply of host cards, and they were going to step up their marketing efforts to find more clients. It may take them some time to round up more customers to fill all of our slots.

knew this would happen again.  no way they could take the flood.

Of course, none of the companies can, the TL business is small.  This one can in the short term a lot better than any of the other ones, as it's the biggest--Mustachians have already seen more sales with them this first month than with the old company--and due to the affiliate network I mentioned in the comparison posts, it'll be easier for them to bring in new AUs than most companies to be able to ramp up and meet the cardholder demand.

Quote
And then last night, an hour before the customer service line for my bank closed, I got another order, and then another one directly after that! I had to turn down the last one because at that point my bank had closed.

They are only giving you 1 day lead time to add? That doesn't make sense.

It wasn't even 1 day. It was hours. I hope going forward it isn't that chaotic. But for the amount of money, I am willing to deal with some hassle.

This company definitely has way more "last minute" adds than the old one.  Having to turn down an order sucks though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 02, 2017, 01:55:20 PM
I haven't got any adds yet...its been a month :(

I submitted 5 cards, a chase 9 years old 20k limit, barclays 3 years old 17k limit, capital one 2 years old 30k limit, a chase 4 years old 17k limit and a discover 8 years old 11k limit.

Maybe my cards suck... idk

I talked to the main dude on the phone and he mentioned this was the first time in 10 years they actually had an oversupply of host cards, and they were going to step up their marketing efforts to find more clients. It may take them some time to round up more customers to fill all of our slots.

I was also pretty bummed bc I hadn't gotten any bites on my card (10+ years, 20K+ credit line) and then a few days before the closing date I got one. Good stuff! And then last night, an hour before the customer service line for my bank closed, I got another order, and then another one directly after that! I had to turn down the last one because at that point my bank had closed. But I wasn't expecting the last minute orders, though I am happy with it.

In other related news, USAA is a PITA to add AUs to. I was asked a ridiculous number of questions. Was he a US citizen. What his degree was in. His phone number. His email address. How long he had been employed. I didn't have a lot of that and it was fine, but it makes me wonder if they were suspicious (he had a difficult name and there is a chance I mispronounced it and maybe that tipped them off?) It ended up being fine but I am definitely preparing myself for this card getting shut down. Working on seasoning some other cards in the meantime.

Myself and a few others have experienced this as well. I wasn't real fond of being asked all those questions. But they didn't seem to really care if I knew the answers. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 02, 2017, 02:09:00 PM
Might just be the form they fill out ("fill out" being metaphorical, it's likely electronic, of course), and they don't care if the answer is "I don't know."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 02, 2017, 05:44:52 PM
Might just be the form they fill out ("fill out" being metaphorical, it's likely electronic, of course), and they don't care if the answer is "I don't know."

Could be. I just told the rep since it was my account I prefer all contact info be the same as mine. They were fine with that and understood.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on February 03, 2017, 08:25:59 AM
I just got my first two users on my Discover card! Thank you Arebelspy!

Now I have a question , can I add more than one user at a time or is it a separate call for each user?

I also got one request where the first and last names on the CA state ID was different than the fist and last name on the social, meaning the names were reversed, like "Robert Dirk" on social and  Dirk Robert on CA ID.
The name is fictitious, just to show you.

Does anyone have a California ID can confirm LN corresponds to Last name  and FN corresponds to First name?
I am emailing the company  about it. I am also suspicious because the CA id says he has BLK hair and BLK eyes on his ID ( who has black  eyes?)!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 03, 2017, 09:04:53 AM
I just got my first two users on my Discover card! Thank you Arebelspy!

Now I have a question , can I add more than one user at a time or is it a separate call for each user?

Can't help you with the other ones, but this one is addressed in their FAQ:  " IMPORTANT- Never add or remove more than two (2) AU’s at a time when adding/removing over the phone. Too many adds/removals in one phone call can look suspicious and the customer service rep may ‘flag’ the account for review by a risk/fraud analyst. If this happens, you will not be in any kind of trouble, but if they suspect that you’re adding AU’s just to help boost credit scores, then they may close your account."

That's their advice.  Personally I only add one AU per phone call.  I did remove three AU's in one phone call the other day in contravention to their advice above; oh well, what's done is done.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on February 03, 2017, 09:31:53 AM
With Discover you have the ability to add/remove online, so I'd suggest that!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: yachi on February 03, 2017, 09:57:34 AM
I just got my first two users on my Discover card! Thank you Arebelspy!

Now I have a question , can I add more than one user at a time or is it a separate call for each user?

I also got one request where the first and last names on the CA state ID was different than the fist and last name on the social, meaning the names were reversed, like "Robert Dirk" on social and  Dirk Robert on CA ID.
The name is fictitious, just to show you.

Does anyone have a California ID can confirm LN corresponds to Last name  and FN corresponds to First name?
I am emailing the company  about it. I am also suspicious because the CA id says he has BLK hair and BLK eyes on his ID ( who has black  eyes?)!

I think I would refuse on the one.  The reversed names I could understand as some sort of mishap at the DMV... maybe.  Google confirms LN is last name and FN is first name.  I highly doubt they have the option of selecting 'black' as an eye color.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on February 03, 2017, 10:05:05 AM
With Discover you have the ability to add/remove online, so I'd suggest that!

One weird experience with Discover recently: I had a request to add an AU. I performed online, was going through ok. (One interesting side note, it had the option of choosing which card design I choose for them, or no card at all. I chose "no card", was a nice option). Kept going though ok, and then the last page threw up some kind of error and said I would have to call in. So I called in, thankfully the Discover phone person checked the name I wanted to add, and was able to confirm that the online system had already added them, even though it said to call in. Weird.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on February 03, 2017, 10:13:21 AM
Thank you for the replies, I will add the next Discover authorized user online.

I reported the suspicious ID to the "New Tradeline  Company" and they replied right away and said they will double check that user that I was concerned about with the black eyes and the reversed  first and last names. They said hold off on adding him until they double check his credentials.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 03, 2017, 01:48:43 PM
That ID is totally weird, good call not adding. Never seen anything like that, wonder if the ID is a bad photoshop or something? You'd think if you were going to the trouble, you'd get the name right and stuff.  Really weird. I'll be curious to hear what they say.

Definitely add and remove Discover online--super easy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 03, 2017, 01:50:39 PM
Got a last minute add. Cool beans.

 Will be harder to this when nomadic....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on February 03, 2017, 02:18:56 PM
So we know that the SallieMae MasterCard is losing its awesome benefits, but recently I've been hearing that the card will no longer be serviced by Barclay once they do their changeover on March 1st. Apparently Commerce will be the new servicing bank, and we'll see a conversion similar to the AmEx --> Citi Costco card.

I assume this means my SallieMae will suddenly become ineligible for tradelines. :( Anyone else dealing with this and have any bright ideas to keep it going? Product change maybe?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 03, 2017, 02:24:16 PM
So we know that the SallieMae MasterCard is losing its awesome benefits, but recently I've been hearing that the card will no longer be serviced by Barclay once they do their changeover on March 1st. Apparently Commerce will be the new servicing bank, and we'll see a conversion similar to the AmEx --> Citi Costco card.

I assume this means my SallieMae will suddenly become ineligible for tradelines. :( Anyone else dealing with this and have any bright ideas to keep it going? Product change maybe?

Absolutely try the product change.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on February 03, 2017, 02:24:48 PM
So we know that the SallieMae MasterCard is losing its awesome benefits, but recently I've been hearing that the card will no longer be serviced by Barclay once they do their changeover on March 1st. Apparently Commerce will be the new servicing bank, and we'll see a conversion similar to the AmEx --> Citi Costco card.

I assume this means my SallieMae will suddenly become ineligible for tradelines. :( Anyone else dealing with this and have any bright ideas to keep it going? Product change maybe?

I've got the same card, but didn't realize they were changing banks when they drop the good benefits. If you find a way to convert your account to another type of card or something let me know.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 03, 2017, 05:13:04 PM
So we know that the SallieMae MasterCard is losing its awesome benefits, but recently I've been hearing that the card will no longer be serviced by Barclay once they do their changeover on March 1st. Apparently Commerce will be the new servicing bank, and we'll see a conversion similar to the AmEx --> Citi Costco card.

I assume this means my SallieMae will suddenly become ineligible for tradelines. :( Anyone else dealing with this and have any bright ideas to keep it going? Product change maybe?

I've got the same card, but didn't realize they were changing banks when they drop the good benefits. If you find a way to convert your account to another type of card or something let me know.

Definitely call in and ask for a product change.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 03, 2017, 10:48:55 PM
Got a last minute add. Cool beans.

 Will be harder to this when nomadic....

Yeah.  Leaves you two options:
1) Let them know you need a few days lead time.

The downside to this is you won't get the last minute adds, costing you money.

2) Pay for more expensive cell/data service so you can be connected, and are able to do the last minute adds even when remote.

The money you make likely more than makes up for the cost of the data service (which is itself an expense you can write-off). Since I have rentals I semi-manage, I need to be reachable anyways, so already have #2 set up, so last minute adds are no problem.

If I were going very off grid for a few days AND it was near my closing date, I'd just let them know.  Or try to time my off grid for when I don't have closing dates (easier to do in FIRE).  ;)

I've never bothered though, because I'm fairly connected anyways (and like it that way).  But if you don't, option #1 is easy enough.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Runner77 on February 05, 2017, 07:17:19 AM
Is the new company's website online yet? I want to add a few more cards but was waiting to do it online.

I signed up in late December but have not received any adds. I am hoping to increase my odds by adding more cards but it is getting a little frustrating seeing no activity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 05, 2017, 01:37:51 PM
Is the new company's website online yet? I want to add a few more cards but was waiting to do it online.

No.

I would not wait for anything.

I've found (in general, not just with this company) that it's better not to wait for particular promised updates by a particular deadline, especially when it comes to a giant technology rollout, which always seem to have hiccups.

In particular with this portal, I've been told since October it was coming.  I had not planned to post about the portal until it was actually up (and everyone was emailed about it), but then Kudy posted about it, so I figured I might as well fill in some details.

I would not be surprised if it is up tomorrow, or still not up a month from now.  So anyone counting on it being up for some particular reason, don't hold your breath.  Luckily the manual system works, as seen by all the people getting TL sales.

If anyone needs to have a portal, I can send you a recommendation to Old Company; as I said in the comparison post, they do have the distinct technological edge in this, though are worse in several other ways (hmm, I should have made a matrix/grid to compare them).

Also, people keep asking "Is it up?"  (I think you're the 5th or 6th person?) You'll know when it's up. You will get an email when it's up (and I'm sure someone will post when they get the email). You won't have to ask here, because you'll have seen the email, or it will already be posted in the thread).  :)

Quote
I signed up in late December but have not received any adds. I am hoping to increase my odds by adding more cards but it is getting a little frustrating seeing no activity.

It may be your cards available (limit, age, closing date all could be impacting it), or it might be luck of the draw, or it may be that you'll get some soon.

It's not worth getting frustrated about--it's basically free money you just sit and wait for.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on February 05, 2017, 01:59:49 PM
I've found (in general, not just with this company) that it's better not to wait for particular promised updates by a particular deadline, especially when it comes to a giant technology rollout, which always seem to have hiccups.

Old rule of thumb for estimating time for creating software comes to mind: make your best possible estimate based on years and years of experience, then triple it, then double it again. Often times you will still underestimate

If anyone needs to have a portal, I can send you a recommendation to Old Company; as I said in the comparison post, they do have the distinct technological edge in this

Nobody mentioned this yet, "Old Company" seems to have quietly updated their portal so that it lets you know when a sold tradeline has been successfully posted, and your pending commissions:
(http://i.imgur.com/17xUisT.png)

Very nice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: KT's Stache on February 05, 2017, 02:59:58 PM
I just got my first 2 sales today! Pretty excited to see the process getting started.

I had a quick question for the group. I initially enrolled 3 cards, I do have a couple others that will hit their 12 months in a few weeks. How do I go about getting those enrolled? Do I just need to send an email to the owner, or complete a new cardholder agreement form?

Also, is there a way I can specify that I only want to receive 1 or 2 AU's max on a specific card. I have a Bank of America card that is the longest opened card, with the highest balance. If it is closed, it will affect my credit score (but not a huge amount,and I am not planning to open any more credit cards or loans for a while). I would like to reduce the chance that it is closed. Is there a way to set this limit with them?

Thanks for everyone's help! It is much easier to navigate this with friends!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 05, 2017, 06:12:59 PM
Nobody mentioned this yet, "Old Company" seems to have quietly updated their portal

Oh yeah, I meant to mention that in the other thread!  That occurred on Jan 24, I believe.  :)

I just got my first 2 sales today! Pretty excited to see the process getting started.

Nice!  :)

Quote
I had a quick question for the group. I initially enrolled 3 cards, I do have a couple others that will hit their 12 months in a few weeks. How do I go about getting those enrolled? Do I just need to send an email to the owner, or complete a new cardholder agreement form?

Also, is there a way I can specify that I only want to receive 1 or 2 AU's max on a specific card. I have a Bank of America card that is the longest opened card, with the highest balance. If it is closed, it will affect my credit score (but not a huge amount,and I am not planning to open any more credit cards or loans for a while). I would like to reduce the chance that it is closed. Is there a way to set this limit with them?

Yup, email the owner on both of those things (new cards enrolled, capping AUs).  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 06, 2017, 05:43:08 AM
Got another add (last minute). Phone call with USAA this time was a bit more smooth. Perhaps because I know what questions they were going to ask and was a bit more prepared. Finally convinced my SO to join in after being hesitant. She has to get her credit limit increased first though. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SomedayStache on February 06, 2017, 07:26:46 AM
So we know that the SallieMae MasterCard is losing its awesome benefits, but recently I've been hearing that the card will no longer be serviced by Barclay once they do their changeover on March 1st. Apparently Commerce will be the new servicing bank, and we'll see a conversion similar to the AmEx --> Citi Costco card.

I assume this means my SallieMae will suddenly become ineligible for tradelines. :( Anyone else dealing with this and have any bright ideas to keep it going? Product change maybe?
Product change to what?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 06, 2017, 07:36:32 AM
So we know that the SallieMae MasterCard is losing its awesome benefits, but recently I've been hearing that the card will no longer be serviced by Barclay once they do their changeover on March 1st. Apparently Commerce will be the new servicing bank, and we'll see a conversion similar to the AmEx --> Citi Costco card.

I assume this means my SallieMae will suddenly become ineligible for tradelines. :( Anyone else dealing with this and have any bright ideas to keep it going? Product change maybe?
Product change to what?

Anything without an annual fee that they will let you PC to.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ketchup on February 06, 2017, 08:00:43 AM
So we know that the SallieMae MasterCard is losing its awesome benefits, but recently I've been hearing that the card will no longer be serviced by Barclay once they do their changeover on March 1st. Apparently Commerce will be the new servicing bank, and we'll see a conversion similar to the AmEx --> Citi Costco card.

I assume this means my SallieMae will suddenly become ineligible for tradelines. :( Anyone else dealing with this and have any bright ideas to keep it going? Product change maybe?
Product change to what?

Anything without an annual fee that they will let you PC to.
Sorry for butting in, but any idea what those options might be?  I'm in the same boat.  I've never done a CC product change before.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: twg5 on February 06, 2017, 08:59:46 AM
I have the Sallie Mae card with Barclays. I called in and asked for a product change but they said that they can't do a product change. All that was offered was to open another card. : (
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on February 06, 2017, 09:07:45 AM
So we know that the SallieMae MasterCard is losing its awesome benefits, but recently I've been hearing that the card will no longer be serviced by Barclay once they do their changeover on March 1st. Apparently Commerce will be the new servicing bank, and we'll see a conversion similar to the AmEx --> Citi Costco card.

I assume this means my SallieMae will suddenly become ineligible for tradelines. :( Anyone else dealing with this and have any bright ideas to keep it going? Product change maybe?
Product change to what?

Anything without an annual fee that they will let you PC to.
Sorry for butting in, but any idea what those options might be?  I'm in the same boat.  I've never done a CC product change before.

I reread the letter that I got about this card changing and I got the impression that the card was changing from the SallieMae card to the Commerce card, but that Barclays would still be the bank. I assume this means that my credit limit and account age will remain the same allowing me to still sell tradelines on this new commerce card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 06, 2017, 09:13:15 AM
I hesitate on where to put this (ARS, feel free to move to the other thread if you want).

For those filing schedule C + SE with their piggybacking income, are you deducting annual fees on schedule C?

If so, are you deducting all of them, or only those that received AU sales?

Are you deducting churning expenses (gift card fees, MO fees)?

Any other expenses you are deducting?

[With the CSR card and maybe 8 others that I paid annual fees on last year, I may come out ahead by filing as a for-profit activity (C+SE) rather than hobby income (line 21).  Based on the criteria posted by brooklynguy in the other thread, it could be argued/defended either way I think.]
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 06, 2017, 09:14:32 AM
Quote
Are you deducting churning expenses (gift card fees, MO fees)?

I'm not sure how the above is related to the tradeline business.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 06, 2017, 09:15:56 AM
Quote
Are you deducting churning expenses (gift card fees, MO fees)?

I'm not sure how the above is related to the tradeline business.

Right; good point.  It's early here and I'm not a morning person.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 06, 2017, 09:26:01 AM
For those of you who have a few different cards enrolled from different banks, is there any specific bank that has easier tools for managing AUs than the others? I'm looking to sign up for a card or two now to use for this down the road, and so if I'm concentrating only on AU's the fees or sign up bonuses that I'd normally take into account aren't as relevant. What card/bank would be ideal for this?

I have had an easy time with Barclays.  My experience is limited to them however.  I just signed up for "Cash Forward" from Barclays.  $500 spend with $200 cash back. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ketchup on February 06, 2017, 09:28:54 AM
Dumb question: can we use multiple cards (under the same name) from the same issuer with New Company?  I have two different Barclays cards, for example.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 06, 2017, 09:30:38 AM
Dumb question: can we use multiple cards (under the same name) from the same issuer with New Company?  I have two different Barclays cards, for example.


Most likely. It's possible that some issuers have AU limits per person rather than open card, I would ask the tradeline guy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 06, 2017, 09:48:56 AM
Dumb question: can we use multiple cards (under the same name) from the same issuer with New Company?  I have two different Barclays cards, for example.

Yes.  I have two US Bank cards enrolled with new company now.  Each card would of course have to individually meet the credit limit and age guidelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on February 06, 2017, 09:51:27 AM
Update about the Barclay SallieMae thing:

There's a lot of conflicting information right now, with different CSRs saying that 1) it will be serviced by Barclay and 2) it won't be serviced by Barclay. However, the official Barclaycard Twitter account says the card will remain with Barclay (https://twitter.com/askbcus/status/828606074601238528). It seems like the Barclaycard CSRs just haven't been educated about what's happening with the switch, but I'm still a little concerned. Best to keep a close eye on this over the next couple weeks.

If you want to err on the safe side, there are multiple data points of people being able to product change to the Barclay Rewards MasterCard. It sounds like it's best to immediately ask for a supervisor as few have had success with frontline CSRs. If they reject you, hang up and call back a few times.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: twg5 on February 06, 2017, 11:43:43 AM
Data Point:

I just called Barclays and asked about the Commence Mastercard. The CSR I spoke to said that the Commence Mastercard would be serviced by Barclays. So unless she was mistaken everyone with the Sallie Mae Barclaycard should be good. It will change to the Commence Mastercard but it will still be with Barclays.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 06, 2017, 12:11:08 PM
Payout question (perhaps a dumb question). I know ARS said 4 weeks after closing but I am curious if that means say you get two AU adds at the beginning of the month just prior to closing date. Is it 4 weeks from that closing date or next closing date?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 06, 2017, 02:46:08 PM
Payout question (perhaps a dumb question). I know ARS said 4 weeks after closing but I am curious if that means say you get two AU adds at the beginning of the month just prior to closing date. Is it 4 weeks from that closing date or next closing date?

Approximately a month after you add the AUs.  So basically with Old Company, payouts ranged from 4 weeks from adding to AU to 8 weeks (depending if you added them the beginning of the month or end, and it paid out end of the next month).  This one pays out 4 weeks after the closing date where you add them (so a bit over 4 weeks from the actual add, depending on how many days before the closing date you added them).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on February 06, 2017, 03:00:19 PM
Quote
Are you deducting churning expenses (gift card fees, MO fees)?

I'm not sure how the above is related to the tradeline business.

Right; good point.  It's early here and I'm not a morning person.

There was an open topic of discussion regarding counting annual card fees as business expenses against the income produced. I believe kudy first brought it up. Annual fees can be written off, but you would need to have only business related expenses charged to the card. The question was, what to do about the "dummy charge" that you have to incur in order to make a statement post.

i.e., you buy an Amazon gift card, which you then use for a personal purchase, then annual fee no longer counts as a business expense.

I was thinking more about this, what if you were to do PayPal transfer or buy a PayPal cash card? You would more or less be using the funds to transfer back to a bank account to pay off the same card. Would that allow you to still write off the annual fee (and the Paypal expenses) while still allow you to make a minimum purchase which causes the statement to post?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 06, 2017, 03:16:37 PM
1) Why not buy at least one business item from Amazon that covers all those small "activity" charges?

2) Can you not "prorate" the card fees based on percent business use?  E.g. a $90 annual fee, used half for business, would be $45 expensed? (Similar to deducting a percent of your cell phone bill or percent of utilities for a home office.)

I have no idea, I'm just throwing it out there.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 06, 2017, 03:28:19 PM
Quote
Are you deducting churning expenses (gift card fees, MO fees)?

I'm not sure how the above is related to the tradeline business.

Right; good point.  It's early here and I'm not a morning person.

There was an open topic of discussion regarding counting annual card fees as business expenses against the income produced. I believe kudy first brought it up. Annual fees can be written off, but you would need to have only business related expenses charged to the card. The question was, what to do about the "dummy charge" that you have to incur in order to make a statement post.

i.e., you buy an Amazon gift card, which you then use for a personal purchase, then annual fee no longer counts as a business expense.

I was thinking more about this, what if you were to do PayPal transfer or buy a PayPal cash card? You would more or less be using the funds to transfer back to a bank account to pay off the same card. Would that allow you to still write off the annual fee (and the Paypal expenses) while still allow you to make a minimum purchase which causes the statement to post?

1.  Why?  IRS cite?
2.  You might accrue cash advance interest / fees, but in this scenario they might also be deductible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 06, 2017, 06:46:07 PM
So we know that the SallieMae MasterCard is losing its awesome benefits, but recently I've been hearing that the card will no longer be serviced by Barclay once they do their changeover on March 1st. Apparently Commerce will be the new servicing bank, and we'll see a conversion similar to the AmEx --> Citi Costco card.

I assume this means my SallieMae will suddenly become ineligible for tradelines. :( Anyone else dealing with this and have any bright ideas to keep it going? Product change maybe?
Product change to what?

Anything without an annual fee that they will let you PC to.

Hell, even annual fee is probably fine (not as good, but fine) - if you get 1 sale, it should more than cover the fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on February 06, 2017, 07:42:05 PM
2) Can you not "prorate" the card fees based on percent business use?

1.  Why?  IRS cite?

Good questions. I haven't done the research yet myself, was continuing the conversation based on this earlier remark (emphasis mine):

The interpretation of the rule I've seen after 5 minutes of searching is... if the expenses on the card are all business related, then you can deduct the fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 07, 2017, 08:32:54 PM
Well this is a new one.

I just got an email from new company asking me to add an AU to one of my cards.  It's the same person who I added as an AU to a different one of my cards a few days ago.

In other words, there is a person who has paid new company to be added to two cards, both of which happen to be mine.

I wonder how often that happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 07, 2017, 10:51:06 PM
Well this is a new one.

I just got an email from new company asking me to add an AU to one of my cards.  It's the same person who I added as an AU to a different one of my cards a few days ago.

In other words, there is a person who has paid new company to be added to two cards, both of which happen to be mine.

I wonder how often that happens.

Never saw it with old company, but have already seen it a few times with new company. 

I asked the same question when it first happened.

Owner explained to me it's better for AUs to get their lines from one person if possible because then if/when your address temporarily shows up on their report, there's only one address. They can explain "I am an authorized user by that person" to whomever may be looking at their now boosted credit. Appears more awkward if they're saying "I am an AU for these multiple random people."

Makes sense to me, through of course a lot of people may only be buying one line, or there may not be multiple good lines by the same person available. But when possible, they try to have one AU get multiple lines from one person.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 08, 2017, 07:48:03 AM
So with all the last minute adds with the new company, are you guys just doing $5 charges every month on ALL of your enrolled cards even though you have no idea which cards you will need to add an AU on?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 08, 2017, 08:20:50 AM
So with all the last minute adds with the new company, are you guys just doing $5 charges every month on ALL of your enrolled cards even though you have no idea which cards you will need to add an AU on?

I am only doing charges on the ones with AUs on them.

As I understand things, the new company figures your statement close date by working backwards from your billing due date.  The formula they use, at least in one case with me on a USAA card, resulted in a "last minute" add four days before my statement close date.  In that situation, I still had 3 AUs from the old company that needed to be removed, so I worked with new company to complete the AU add a day or two after the new company's requested date (and after the 3 old AUs had been removed) and everything worked out fine - the new AU showed up on my statement that closed a day or two after I added the new AU.

All that to say, I think it is perfectly safe to get the email from new company, add the AU that day or the next, and then also make a purchase to ensure the card has a balance.  It is my impression that most cards report to the credit bureaus on your statement close date.

I also have reminders set up in my calendar to do charges every month on the five cards I have enrolled with new company (to ensure that the card has a balance the second month if the AU has paid for two cycles).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 08, 2017, 08:39:48 AM
Just a PSA/FYI

The site i'm using has just haulted all BofA adds due to abnormal shutdowns for authorized user activity.  I'm unsure if this will effect the site ARS is recommending but BofA may be making policy changes similar to what Chase does.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 08, 2017, 09:49:30 AM
Quote
I also have reminders set up in my calendar to do charges every month on the five cards I have enrolled with new company (to ensure that the card has a balance the second month if the AU has paid for two cycles).

Does the tradeline company let you know if they have paid for 2 cycles? Do they let you know when to remove the AU?


Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 08, 2017, 10:42:51 AM
Well this is a new one.

I just got an email from new company asking me to add an AU to one of my cards.  It's the same person who I added as an AU to a different one of my cards a few days ago.

In other words, there is a person who has paid new company to be added to two cards, both of which happen to be mine.

I wonder how often that happens.

I received an email from the new company with an add request for the same guy, but it was for the same card I had already added him on. I contacted them and they confirmed it was an error on their part.

Never saw it with old company, but have already seen it a few times with new company. 

I asked the same question when it first happened.

Owner explained to me it's better for AUs to get their lines from one person if possible because then if/when your address temporarily shows up on their report, there's only one address. They can explain "I am an authorized user by that person" to whomever may be looking at their now boosted credit. Appears more awkward if they're saying "I am an AU for these multiple random people."

Makes sense to me, through of course a lot of people may only be buying one line, or there may not be multiple good lines by the same person available. But when possible, they try to have one AU get multiple lines from one person.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 08, 2017, 11:00:48 AM
Quote
I also have reminders set up in my calendar to do charges every month on the five cards I have enrolled with new company (to ensure that the card has a balance the second month if the AU has paid for two cycles).

Does the tradeline company let you know if they have paid for 2 cycles? Do they let you know when to remove the AU?

I don't think I've seen them say whether it is for one cycle or two (or three).  They do say they will let me know when to remove the AU (and destroy the card), but I haven't gotten that far yet.  All of my sales are within the last few weeks and thus too recent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 08, 2017, 02:48:51 PM
So with all the last minute adds with the new company, are you guys just doing $5 charges every month on ALL of your enrolled cards even though you have no idea which cards you will need to add an AU on?

I go on and purchase an Amazon gift credit for $2.50 when I get the tradeline order.  One time it did not post in time out of dozens and dozens of adds; don't know why that was, the order showed pending right away, and the charge actually showed the date like 3 days before the previous statement.

Yes, on the next statement, it showed a charge from 3 days before the statement opened.  Weird.  But the AU add posted fine anyways.

Never bothered to do a second month charge even when they pay for 2 months... I figure if it posts correctly the first time, it's on their report, and even if it's now showing as 0, it's fine and will be good til they're removed.  If you're paranoid, you can do the small charge the second month, I've just never bothered, and never had something not post a second month because of it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 08, 2017, 03:32:22 PM
You can also see what charges same day for you.  In my case, my local grocery stores posts same day.  If I were in a pinch, I would stop there and buy something small.  Some online vendors post quickly as well. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on February 08, 2017, 04:03:21 PM
A question about how to make the transition from the old TL co. to the new one: If you've sold a tradeline on a Barclays card with the old co. and the TL has posted, but it's a 2-month slot, is it OK to go ahead and move said credit card over to the new TL co.? Do I need to worry about that at all and make sure it's a clean break?

ETA: Sales still extremely slow with old co., so my hope of picking up extra sales from fleeing Mustachians hasn't come to pass, at least not yet!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 08, 2017, 04:06:55 PM
A question about how to make the transition from the old TL co. to the new one: If you've sold a tradeline on a Barclays card with the old co. and the TL has posted, but it's a 2-month slot, is it OK to go ahead and move said credit card over to the new TL co.? Do I need to worry about that at all and make sure it's a clean break?

ETA: Sales still extremely slow with old co., so my hope of picking up extra sales from fleeing Mustachians hasn't come to pass, at least not yet!

I'd just email old company customer service to ask them to reduce the available lines to zero, then email new company to sign paperwork and add card.  By the time you get a sale, you should be good to remove the old AU.  Even if you have an AU on there, you should have the room to have an overlap.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on February 08, 2017, 04:35:16 PM
How long has it taken to get set up with the new company for most of you?  I sent in my W9 and agreement form 6 days ago and haven't heard anything back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 08, 2017, 04:36:51 PM
How long has it taken to get set up with the new company for most of you?  I sent in my W9 and agreement form 6 days ago and haven't heard anything back.

That should mean you are good to go.  You can email and confirm or ask if they need anything else, but it should just be a matter of waiting for an email that you sold a TL containing AU info to add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on February 08, 2017, 06:11:06 PM
That should mean you are good to go.  You can email and confirm or ask if they need anything else, but it should just be a matter of waiting for an email that you sold a TL containing AU info to add.

Ah, good to know, thanks.  My closing date is coming up in about a week so I'll keep my fingers crossed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on February 08, 2017, 07:42:55 PM
How long has it taken to get set up with the new company for most of you?  I sent in my W9 and agreement form 6 days ago and haven't heard anything back.

They were flooded a few weeks ago but should be through that now.  I've heard back from the point person in that time.  I'm still waiting on my first TL add and have been in over a month, but know i need to be patient.  Clearly others are starting to see adds which is encouraging.  I had a card that closed on 2/7 but didn't get a bite on it and it's been in for a month so just be patient and things will start to flow soon I'm sure.

Hope that helps give you some perspective!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 08, 2017, 08:10:12 PM
So with all the last minute adds with the new company, are you guys just doing $5 charges every month on ALL of your enrolled cards even though you have no idea which cards you will need to add an AU on?

I go on and purchase an Amazon gift credit for $2.50 when I get the tradeline order.  One time it did not post in time out of dozens and dozens of adds; don't know why that was, the order showed pending right away, and the charge actually showed the date like 3 days before the previous statement.

Yes, on the next statement, it showed a charge from 3 days before the statement opened.  Weird.  But the AU add posted fine anyways.

Never bothered to do a second month charge even when they pay for 2 months... I figure if it posts correctly the first time, it's on their report, and even if it's now showing as 0, it's fine and will be good til they're removed.  If you're paranoid, you can do the small charge the second month, I've just never bothered, and never had something not post a second month because of it.

Great. So your experience is that $2.50 is large enough on all your issuers to not trigger the CC company to write it off and not post a balance?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 08, 2017, 11:21:19 PM
Great. So your experience is that $2.50 is large enough on all your issuers to not trigger the CC company to write it off and not post a balance?

Yep, never had an issue with that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 09, 2017, 06:46:41 AM
I had some more difficulty trying to add authorized users on Discover card. Again the support staff person gave me an address for the authorized user that was different then the address on the driver's license. The driver's license address is the one that is used though. Moreover, on those authorized users where I had to upload documents like driver's license to confirm the identity - the Discover card portal would freeze during the upload. I had to finally call the customer service number listed on the portal in order to verify the documents were uploaded, and then while the customer service did that they also confirmed that the authorized addition was approved.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Yinzer on February 09, 2017, 07:17:39 AM
I signed up in December with the new company and got my first sale yesterday. It was on one of my smaller lines but hopefully it builds from here. Woot!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MattS on February 09, 2017, 09:05:48 AM
I signed up with the 'old company' in September, with two cards I wasn't using anymore, a USAA card at about 27K, and a Discover at 18K.  Both cards are over 15 years old.  These would seem to be desirable cards, very old credit lines at the upper range of their respective tiers. 
I had two sales on the USAA at the old (much higher) rates, a third sale in January on the USAA, and my first sale on the Discover this month.  So far no issues, an easy way to make some extra money for the 'stache.  Although USAA does require calling in to add and remove users. 
I was hoping to see increased sales since I assume the 'old company' has lost a lot of investors to ARS's new recommendation, but if they don't increase I'll switch over. 

Anyway, huge thanks to ARS for starting this thread, you've increased my wealth and it looks like many others also! 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 09, 2017, 01:13:56 PM
I signed up with the 'old company' in September, with two cards I wasn't using anymore, a USAA card at about 27K, and a Discover at 18K.  Both cards are over 15 years old.  These would seem to be desirable cards, very old credit lines at the upper range of their respective tiers. 
I had two sales on the USAA at the old (much higher) rates, a third sale in January on the USAA, and my first sale on the Discover this month.  So far no issues, an easy way to make some extra money for the 'stache.  Although USAA does require calling in to add and remove users. 
I was hoping to see increased sales since I assume the 'old company' has lost a lot of investors to ARS's new recommendation, but if they don't increase I'll switch over. 

Anyway, huge thanks to ARS for starting this thread, you've increased my wealth and it looks like many others also!

I'm in shock they hardly gave you any tradelines given the age and size of those credit lines. So the bottom line is they lowered our commissions and made no effort to increase tradeline sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VladTheImpaler on February 09, 2017, 02:52:14 PM
I signed up with the 'old company' in September, with two cards I wasn't using anymore, a USAA card at about 27K, and a Discover at 18K.  Both cards are over 15 years old.  These would seem to be desirable cards, very old credit lines at the upper range of their respective tiers. 
I had two sales on the USAA at the old (much higher) rates, a third sale in January on the USAA, and my first sale on the Discover this month.  So far no issues, an easy way to make some extra money for the 'stache.  Although USAA does require calling in to add and remove users. 
I was hoping to see increased sales since I assume the 'old company' has lost a lot of investors to ARS's new recommendation, but if they don't increase I'll switch over. 

Anyway, huge thanks to ARS for starting this thread, you've increased my wealth and it looks like many others also!

I've got a hunch that A LOT of the guys here are secretly are "double dipping" to max sales.
BOOM! yes I just went there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 09, 2017, 03:07:41 PM
I signed up with the 'old company' in September, with two cards I wasn't using anymore, a USAA card at about 27K, and a Discover at 18K.  Both cards are over 15 years old.  These would seem to be desirable cards, very old credit lines at the upper range of their respective tiers. 
I had two sales on the USAA at the old (much higher) rates, a third sale in January on the USAA, and my first sale on the Discover this month.  So far no issues, an easy way to make some extra money for the 'stache.  Although USAA does require calling in to add and remove users. 
I was hoping to see increased sales since I assume the 'old company' has lost a lot of investors to ARS's new recommendation, but if they don't increase I'll switch over. 

Yeah, I think new company would net you more sales, with those cards.  Still, a few hundred extra dollars is awesome anyways.  :)

Quote
Anyway, huge thanks to ARS for starting this thread, you've increased my wealth and it looks like many others also!

Awesome!  Love it.  :D

I signed up in December with the new company and got my first sale yesterday. It was on one of my smaller lines but hopefully it builds from here. Woot!

Nice!

Moreover, on those authorized users where I had to upload documents like driver's license to confirm the identity - the Discover card portal would freeze during the upload.

I've never had the freeze problem when uploading AU docs (only done that once, actually, usually for me Discover has me answer a security question about myself after adding the AU, then it adds them, no docs required), but I did when uploading through the CS portal a document for myself (I forget what it was, this was maybe 6 months ago--something to verify income for a credit increase maybe?).

Realized it does that when the file size is too large.  Had to just shrink/decrease the quality and try to upload again.  Could be worth trying if the AU docs upload does that again.

I signed up with the 'old company' in September, with two cards I wasn't using anymore, a USAA card at about 27K, and a Discover at 18K.  Both cards are over 15 years old.  These would seem to be desirable cards, very old credit lines at the upper range of their respective tiers. 
I had two sales on the USAA at the old (much higher) rates, a third sale in January on the USAA, and my first sale on the Discover this month.  So far no issues, an easy way to make some extra money for the 'stache.  Although USAA does require calling in to add and remove users. 
I was hoping to see increased sales since I assume the 'old company' has lost a lot of investors to ARS's new recommendation, but if they don't increase I'll switch over. 

Anyway, huge thanks to ARS for starting this thread, you've increased my wealth and it looks like many others also!

I've got a hunch that A LOT of the guys here are secretly are "double dipping" to max sales.
BOOM! yes I just went there.

You would think so, but Mustachians are pretty honest as a whole, and the companies have asked for this not to happen, for obvious reasons (overselling and getting the card shut down is bad for them, too, not just because the card is no longer available, but because the lines sold on it now post as a closed card, which is bad for their AUs and makes them look bad).

It also doesn't appear to be happening.  I can see sales of people who used me as a referral, and I haven't noticed any sales (though I haven't looked hard) to the same people from both companies, so I'm not seeing any instances of that.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VladTheImpaler on February 09, 2017, 03:15:36 PM

[/quote]
You would think so, but Mustachians are pretty honest as a whole, and the companies have asked for this not to happen, for obvious reasons (overselling and getting the card shut down is bad for them, too, not just because the card is no longer available, but because the lines sold on it now post as a closed card, which is bad for their AUs and makes them look bad).

It also doesn't appear to be happening.  I can see sales of people who used me as a referral, and I haven't noticed any sales (though I haven't looked hard) to the same people from both companies, so I'm not seeing any instances of that.  :)
[/quote]

That's a relief actually. I am glad that ARS has a way to have a bit of oversight.
Checks and balances are a good thing.
For the record, I obviously have no way of knowing that. Like I said it was just a hunch.
But just to play devil's advocate: What incentive would they have to cop to it, if they thought they could get away with it?

I have 2 cards with the new company and no sales yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on February 09, 2017, 03:32:49 PM
Would there be any problem with being registered at both companies, but using a first come, first served approach? So if I sold a slot through company A, then got a request from company B, I could just turn down company B without adding the AU. That way, I'm more likely to get a sale, but still not double book.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 09, 2017, 03:40:07 PM
Would there be any problem with being registered at both companies, but using a first come, first served approach? So if I sold a slot through company A, then got a request from company B, I could just turn down company B without adding the AU. That way, I'm more likely to get a sale, but still not double book.

Old company has said they do not want cards enrolled at other TL companies, since they have no way to be sure the AUs were verified up to their standards.

I'm confident in it, based on my research, but I understand that position.  So they may not have any way of knowing, but I'd still honor that.

On top of that, if you're turning down AU spots, they're likely to stop giving them to you.

Further, your risk of cancellation is higher, unless you know the formula new company uses for adding/removing AUs and amount of activity on a card per month--e.g. you may use the simpler "max # of AUs" concept, but then if you have more activity of adding/removing based on that, you may get shut down anyways.

It's not something I'd do, personally.

If you really don't care about the card and just want to burn it as quick as possible to make as much as possible in a short timeframe, you can do that.  I'd rather have the card last as long as possible to keep the revenue coming in and maximize the lifetime amount of money.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on February 09, 2017, 04:24:22 PM
Would there be any problem with being registered at both companies, but using a first come, first served approach? So if I sold a slot through company A, then got a request from company B, I could just turn down company B without adding the AU. That way, I'm more likely to get a sale, but still not double book.

The agreement that you have to sign for the new company says you won't submit cards that are available to be sold with other companies. I can't speak for the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 09, 2017, 05:47:02 PM
Just a PSA/FYI

The site i'm using has just haulted all BofA adds due to abnormal shutdowns for authorized user activity.  I'm unsure if this will effect the site ARS is recommending but BofA may be making policy changes similar to what Chase does.

It appears BoA is doing something widespread, not just AU shutdowns.

BoA also was cancelling a lot of cards for people (churners) who had a LOT of cards, including duplicates. Not all cards, just what they thought was excessive.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VladTheImpaler on February 09, 2017, 07:35:57 PM
Would there be any problem with being registered at both companies, but using a first come, first served approach? So if I sold a slot through company A, then got a request from company B, I could just turn down company B without adding the AU. That way, I'm more likely to get a sale, but still not double book.

Old company has said they do not want cards enrolled at other TL companies, since they have no way to be sure the AUs were verified up to their standards.

I'm confident in it, based on my research, but I understand that position.  So they may not have any way of knowing, but I'd still honor that.

On top of that, if you're turning down AU spots, they're likely to stop giving them to you.

Further, your risk of cancellation is higher, unless you know the formula new company uses for adding/removing AUs and amount of activity on a card per month--e.g. you may use the simpler "max # of AUs" concept, but then if you have more activity of adding/removing based on that, you may get shut down anyways.

It's not something I'd do, personally.

If you really don't care about the card and just want to burn it as quick as possible to make as much as possible in a short timeframe, you can do that.  I'd rather have the card last as long as possible to keep the revenue coming in and maximize the lifetime amount of money.

IMHO, ARebs is being too nice.
Just don't do it.
Someone else already stated that it is explicitly against the terms with the new company.
There's no reason to get greedy and goof up.
It's sounds like Chase and BofA are cracking down.
Experian, Transunion, and Equifax sure as hell don't want people selling trade lines either.
Don't be "that guy" who prematurely puts an end to a good thing.


(Steps off soapbox)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 09, 2017, 08:09:17 PM
Would there be any problem with being registered at both companies, but using a first come, first served approach? So if I sold a slot through company A, then got a request from company B, I could just turn down company B without adding the AU. That way, I'm more likely to get a sale, but still not double book.

Old company has said they do not want cards enrolled at other TL companies, since they have no way to be sure the AUs were verified up to their standards.

I'm confident in it, based on my research, but I understand that position.  So they may not have any way of knowing, but I'd still honor that.

On top of that, if you're turning down AU spots, they're likely to stop giving them to you.

Further, your risk of cancellation is higher, unless you know the formula new company uses for adding/removing AUs and amount of activity on a card per month--e.g. you may use the simpler "max # of AUs" concept, but then if you have more activity of adding/removing based on that, you may get shut down anyways.

It's not something I'd do, personally.

If you really don't care about the card and just want to burn it as quick as possible to make as much as possible in a short timeframe, you can do that.  I'd rather have the card last as long as possible to keep the revenue coming in and maximize the lifetime amount of money.

IMHO, ARebs is being too nice.
Just don't do it.
Someone else already stated that it is explicitly against the terms with the new company.
There's no reason to get greedy and goof up.
It's sounds like Chase and BofA are cracking down.
Experian, Transunion, and Equifax sure as hell don't want people selling trade lines either.
Don't be "that guy" who prematurely puts an end to a good thing.


(Steps off soapbox)

+2

Another thing is that if you've mentioned ARS to new company and then treat new company badly (by making them look bad to their customers when you either (a) turn down sales that they've already made on your CL or (b) get your card shut down which negatively affects AUs currently on that card), you're reflecting badly on ARS and the MMM community.  Uncool in my book.

Maybe you'll make a few more sales sooner, but will get shut down sooner and it will cost you more in the long run IMHO.  Pigs get fat, hogs get slaughtered.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on February 10, 2017, 11:01:17 AM
Would there be any problem with being registered at both companies, but using a first come, first served approach? So if I sold a slot through company A, then got a request from company B, I could just turn down company B without adding the AU. That way, I'm more likely to get a sale, but still not double book.
It's in your agreement with "new company" to exclusively offer these cards to them.
I hope people read the stuff they sign ;)
Cannot speak for old company, but once you signed with new company you'd be at least violating one agreement, which I am not interested in in the least bit.

I personally only have one card that qualifies, but I have limited myself voluntarily from the getgo by capping the number of AU's and by asking "new company" to not add last minute AU's because I may need more lead time due to my less connected FIRED lifestyle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: link_417 on February 11, 2017, 04:39:29 AM
I signed up in December with the new company and got my first sale yesterday. It was on one of my smaller lines but hopefully it builds from here. Woot!

Same story here, except I got my first sale yesterday (and all of my lines are pretty small, I top out at $10.2k). An easy $125, I'll take it! I gave up after the new company sent out that new investor email stating they wanted cards with limits in the tens of thousands. I just went to send a work email and saw an email from the company with my first AU, though, so I guess they're still working through their inventory of the initial flood of cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 11, 2017, 04:44:32 AM
It's funny how people are speaking out against violating TOS when this entire system is a violation of the TOS of the credit card.  Get off your high horse about that I mean c'mon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flower on February 11, 2017, 04:44:55 AM
Can we use business credit cards or only personal credit cards?

I tried searching this thread but couldn't find anything.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 11, 2017, 04:46:41 AM
Can we use business credit cards or only personal credit cards?

I tried searching this thread but couldn't find anything.

Only personal
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 11, 2017, 05:55:47 AM
It's funny how people are speaking out against violating TOS when this entire system is a violation of the TOS of the credit card.  Get off your high horse about that I mean c'mon.

My cc TOS allows me to add and remove AUs, and I am responsible for their purchases. Doesn't require much else.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 11, 2017, 06:08:33 AM
It's funny how people are speaking out against violating TOS when this entire system is a violation of the TOS of the credit card.  Get off your high horse about that I mean c'mon.

Have you actually read your TOS? I'm guessing no. I would love to see the wording that makes adding an AU a violation if you can find it (I couldn't).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on February 11, 2017, 06:32:16 AM
I signed up with new company a month ago with a 20k limit, 8 year old Cap One card. No bites yet. :(.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 11, 2017, 06:33:31 AM
I signed up with new company a month ago with a 20k limit, 8 year old Cap One card. No bites yet. :(.

wow that's a good card, i'm surprised.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 11, 2017, 02:50:47 PM
Re: TOS.  I believe it's against Chase's TOS, but not the others, but I could be wrong (on either of those). Anyone wanting to actually read them, feel free.  ;)

Either way, the companies usually don't care for the practice (some more strongly than others) and reserve the right to shut down your accounts with them for any reason, even if you aren't violating any terms of service, so it doesn't matter so much even if it's not violating TOS in terms of potentially being shut down.

Can we use business credit cards or only personal credit cards?

I tried searching this thread but couldn't find anything.

No, business cards don't report the same so they don't help a user's credit score.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Alim Nassor on February 12, 2017, 12:11:37 AM
Hi guys.  Sorry if my impatience caused me to miss the answer to this question, but does a balance affect the credit limit requirements?  What I mean is, say I have a card with a 12k limit but currently have a 5k balance, does that change anything?

Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 12, 2017, 06:03:34 AM
Hi guys.  Sorry if my impatience caused me to miss the answer to this question, but does a balance affect the credit limit requirements?  What I mean is, say I have a card with a 12k limit but currently have a 5k balance, does that change anything?

Thanks.

You cannot use a card with that high of a utilization.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HSBW on February 12, 2017, 09:47:51 AM
How long did it take for people to get responses from the new company? I sent them an email on Thursday to sign up and I haven't heard back yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on February 12, 2017, 10:05:20 AM
I signed up with new company a month ago with a 20k limit, 8 year old Cap One card. No bites yet. :(.
Sadly I am in the same boat; Citi card @ $13,200 issued 7/10 and a Discover card @ $29,500 issued 7/14. It's only been a month so although no bites before either closing dates the prior weekend, I am still hopeful and along for the ride!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on February 12, 2017, 02:33:19 PM
Hi guys.  Sorry if my impatience caused me to miss the answer to this question, but does a balance affect the credit limit requirements?  What I mean is, say I have a card with a 12k limit but currently have a 5k balance, does that change anything?

Thanks.

I think they want the utilization to be 10% or less of the total limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Alim Nassor on February 12, 2017, 03:00:14 PM
Hi guys.  Sorry if my impatience caused me to miss the answer to this question, but does a balance affect the credit limit requirements?  What I mean is, say I have a card with a 12k limit but currently have a 5k balance, does that change anything?

Thanks.

I think they want the utilization to be 10% or less of the total limit.

Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on February 12, 2017, 05:27:56 PM
Hi guys.  Sorry if my impatience caused me to miss the answer to this question, but does a balance affect the credit limit requirements?  What I mean is, say I have a card with a 12k limit but currently have a 5k balance, does that change anything?

Thanks.

I think they want the utilization to be 10% or less of the total limit.

My email from the owner said: Also, it's important that the current balances on the cards in use with us are paid down to 15% or less of their respective credit limits by the due date each month.

[MOD EDIT: Removed company info.]
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Roots&Wings on February 13, 2017, 05:30:10 AM
I signed up with new company a month ago with a 20k limit, 8 year old Cap One card. No bites yet. :(.
Sadly I am in the same boat; Citi card @ $13,200 issued 7/10 and a Discover card @ $29,500 issued 7/14. It's only been a month so although no bites before either closing dates the prior weekend, I am still hopeful and along for the ride!

Same. Two $22k older cards and a $41k limit newer card with no bites :( The market seems to be flooded. But will see!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 13, 2017, 06:11:07 AM
I signed up with new company a month ago with a 20k limit, 8 year old Cap One card. No bites yet. :(.
Sadly I am in the same boat; Citi card @ $13,200 issued 7/10 and a Discover card @ $29,500 issued 7/14. It's only been a month so although no bites before either closing dates the prior weekend, I am still hopeful and along for the ride!

Same. Two $22k older cards and a $41k limit newer card with no bites :( The market seems to be flooded. But will see!

The company clearly has been slammed with so many good cards. I have no idea if they can handle all this volume.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 13, 2017, 06:17:08 AM
The market seems to be flooded. But will see!

I have no idea if they can handle all this volume.

No, not fully, but I think better than any other tradeline company.

The problem is that it's a small market in general.

I think new company's plan is to work on marketing for AUs through their affiliate network once they have the portal up and running (the beta is up, and some fixes are being done).

I can say that last month, even though new company really only started a week or two into the month new company had 60% more sales (for the ones I can see, Mustachians who used me as a referral) than old company, and in February have 3x as many sales as old company so far.  Now granted, more may be enrolled now with new company, but there's still plenty enrolled at old company, and they just aren't seeing much sales as well.

Overall, like I said, keeping it quiet would lead to more personal sales, but less net sales for Mustachians.

We may max out the fairly small market, but even even the sales are spread out among us, better than them going to consumers who will blow it.  ;)

There are other companies you can use, but they're outside my comfort zone.  I'd rather have infrequent sales with a good company than lots of sales (and then shutdowns) with a bad one. But it is an option.  I do think sales will pick up with new company.  All in all, it's been a month and a half.  We'll reevaluate in a few months, but quite a few people are seeing sales, so it's just being patient and waiting, for now.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 13, 2017, 07:56:24 AM
I only have one card but have been happy with my sales. I'm certainly not expecting an explosion of income. Heck I am ok with one or two sales every now and then. I just treat it as unexpected income and it flows right into investments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 13, 2017, 08:06:37 AM
New site owner doesnt respond to my emails and has not sold anything on the cards i've enrolled.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on February 13, 2017, 08:50:21 AM
No sales for me yet either, but I am still hopeful.  For me the owner often doesn't respond to email, but I have been able to get him on the phone. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 13, 2017, 09:27:45 AM
Huh.  I've gotten replies to all my emails and have had three sales with the new company so far.  I did sign up with the new company ASAP and have old cards with big lines, but beyond that I don't know how new company picks which specific cards get the sales (or if the actual AUs pick the cards).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 13, 2017, 09:36:04 AM
Huh.  I've gotten replies to all my emails and have had three sales with the new company so far.  I did sign up with the new company ASAP and have old cards with big lines, but beyond that I don't know how new company picks which specific cards get the sales (or if the actual AUs pick the cards).

i signed up early as well still havent heard crap.  i know they are busy but they are making a ridiculous amount of money.  how much does it cost to have a person be CS at this point even temp if he is that busy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 13, 2017, 09:40:47 AM
Huh.  I've gotten replies to all my emails and have had three sales with the new company so far.  I did sign up with the new company ASAP and have old cards with big lines, but beyond that I don't know how new company picks which specific cards get the sales (or if the actual AUs pick the cards).

i signed up early as well still havent heard crap.  i know they are busy but they are making a ridiculous amount of money.  how much does it cost to have a person be CS at this point even temp if he is that busy.

It took him 3 or 4 days to respond back to an email I sent. He stated he is swamped with work (I am sure sign-ups and what not) and trying to get the site up and running. Sounds like maybe he could use more help though. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 13, 2017, 09:49:31 AM
Huh.  I've gotten replies to all my emails and have had three sales with the new company so far.  I did sign up with the new company ASAP and have old cards with big lines, but beyond that I don't know how new company picks which specific cards get the sales (or if the actual AUs pick the cards).

i signed up early as well still havent heard crap.  i know they are busy but they are making a ridiculous amount of money.  how much does it cost to have a person be CS at this point even temp if he is that busy.

He does have a helper. They've been very efficient in responding to my emails. Sorry to hear you haven't had the same experience.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on February 13, 2017, 11:27:48 AM
I just got the initial e-mail out to them.  I'll be anxiously waiting for the response to get this ball rolling!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HSBW on February 13, 2017, 12:25:59 PM
sw1tch when did you send them your first email?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on February 13, 2017, 12:30:43 PM
sw1tch when did you send them your first email?

I actually just sent it today.  So from what others are saying, I probably have a while to wait for a response.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HSBW on February 13, 2017, 12:43:36 PM
sw1tch when did you send them your first email?

I actually just sent it today.  So from what others are saying, I probably have a while to wait for a response.
Ah right. For some reason I thought your first post was that you got the initial email out OF them not out TO them. I guess I'm just curious to see how long it takes other people to hear back since I've been waiting since Thursday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on February 13, 2017, 01:41:55 PM
ITT: a bunch of mustachians looking a gift horse in the mouth. ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 13, 2017, 03:33:32 PM
It can be a drag waiting for the gift horse to arrive.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on February 13, 2017, 09:58:03 PM
It can be a drag roller-coaster ride waiting for the gift horse to arrive.  :)
FTFY ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HSBW on February 14, 2017, 07:18:44 AM
It can be a drag waiting for the gift horse to arrive.  :)
Haha yes, I know I'm impatient but everyone here keeps describing this super great gift horse that spits out hundreds of dollars a month...I just want to see the gift horse too. I'm ok with waiting a month or two for the cash spigot to start flowing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 14, 2017, 11:39:30 AM
It can be a drag waiting for the gift horse to arrive.  :)
Haha yes, I know I'm impatient but everyone here keeps describing this super great gift horse that spits out hundreds of dollars a month...I just want to see the gift horse too. I'm ok with waiting a month or two for the cash spigot to start flowing.

<twiddling thumbs>  Yah, been waiting about a month.  Paperwork all done and sent in.  <twiddling thumbs some more>
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on February 14, 2017, 11:55:31 AM
Don't get your hopes up too high.  I registered six cards in December, got the first and only AU add so far on Jan 11 and have not gotten any other requests to add AUs.  The influx of new folks willing to sell tradelines may dilute the "cash spigot" somewhat.

Two of my cards were Chase cards, so that probably makes it less likely that those would get picked.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Ensign1999 on February 14, 2017, 12:08:22 PM
Posting to follow
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 14, 2017, 01:30:57 PM
I know the feeling. Also added 6 cards, had three adds right out of the gate, now... crickets.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Roothy on February 14, 2017, 01:52:59 PM
If I were to get a few hundred bucks a year, that's a few hundred more bucks than I would have had otherwise.  This is free money.  It seems churlish to complain.  (That said, I'm still waiting on nibbles myself--three cards registered, all with high limits, and one fifteen years old.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on February 14, 2017, 02:04:27 PM
It's not complaining. I was asking if others were having similar experiences and expressing a tinge of disappointment. That's all. I think we all agree this money is a nice perk when it arrives.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 14, 2017, 02:48:36 PM
It's not complaining. I was asking if others were having similar experiences and expressing a tinge of disappointment. That's all. I think we all agree this money is a nice perk when it arrives.

Definitely!  No worries.  :)

They're busy at the moment working on the portal (a few of us have used the beta and given feedback--not to actually get any sales, so don't worry about being left out of that, but just to create a login, see the process of adding cards to it, etc.) on top of their normal activity, so stuff is happening, it's just not visible yet.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 15, 2017, 04:32:10 AM
Yeah, totally not complaining - just anxiously awaiting! Even if the $500 I get from those three adds were all I get this year, it's $500 more than I had for almost no effort!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on February 15, 2017, 07:50:02 AM
Just a quick update about my correspondence with the owner:

I got a reply later that same day with all the docs, FAQ's, etc.  I just e-mailed him back (1.5 days later) with photos of the forms and am waiting for the confirmation that I didn't miss anything.

I know I probably have another month until I might get any hits but just thought I'd share where my situation is at.  Happy piggybacking!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: thepokercab on February 15, 2017, 08:30:38 AM
Pretty much the same story here.  Submitted all my paper work on January 11th, but no adds here.  The owner said at the time it would probably be February until I got anything, so i'm not worried either way.  Its basically free money.  It would be nice to get some, but if I don't, oh well.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 15, 2017, 09:03:53 AM
For those who have gotten sales but have not yet gotten paid (like me), ARS and I are currently asking new company owner about the payment schedule and will post an update here when we find out.

Just trying to save the new company owner replying to fifty or a hundred emails asking the same thing :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 15, 2017, 11:24:50 AM
For those who have gotten sales but have not yet gotten paid (like me), ARS and I are currently asking new company owner about the payment schedule and will post an update here when we find out.

Just trying to save the new company owner replying to fifty or a hundred emails asking the same thing :-)

I emailed him about payment probably 1.5 weeks ago. He emailed me back at the end of last week and said it should be in my account within a couple of business days. It showed up the next day. Just a data point.

I wouldn't bank on getting paid at 4 weeks after the add. Factor in a week or two leeway in there. Especially with how busy they are. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Roothy on February 15, 2017, 01:29:11 PM
So I got word back that they have my materials, but that given the number of new cards they have, sales are likely to be very slow. 

But he said something interesting, and forcefully: he said closure of the cards is not a matter of "if," but only "when."  He says that while a few people have done this for a few years, eventually, any card you use WILL get closed.  That was a stronger prediction than I ever heard on this thread.

Has anyone had any cards closed?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on February 15, 2017, 02:19:49 PM
Sent ARS a PM for the company info.  Looking forward to getting started with this. 

Last year I called US Bank and had them move my Flexperks Visa card ($95 annual fee) over to a no-fee American Express since I wasn't actively using the card anymore.  Wonder if they would let me switch that over to a card that would be eligible for this.  I have some other cards that will work too, but this is my oldest card with the highest credit line, so I'd like to be able for it to participate. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 15, 2017, 03:39:20 PM
So I got word back that they have my materials, but that given the number of new cards they have, sales are likely to be very slow. 

But he said something interesting, and forcefully: he said closure of the cards is not a matter of "if," but only "when."  He says that while a few people have done this for a few years, eventually, any card you use WILL get closed.  That was a stronger prediction than I ever heard on this thread.

Has anyone had any cards closed?

Yep, eventually cards will likely close. If card closure is not an outcome that is worth risking, definitely don't do tradeline sales.

Nope, no Mustachians have had any cards closed doing it for the last 7 months.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Alim Nassor on February 15, 2017, 05:09:24 PM
I'm guessing the slow sales are much more related to them being swamped, than to the market being swamped.  I'd bet that there are lots more folks who need help with their credit, than have good credit and are willing to sell a trade-in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Alim Nassor on February 15, 2017, 05:12:12 PM
Couple of more questions for anyone who can answer them.   I was reading the info on my Citicard, it said any AU has access to my CC information.   Is that true when using this middleman?

And another one,  what happens if an AU pulls his credit report.   Is there any info on it now that he could use to steal my identity?  Do credit reports show the full card number, or any other useful info?


Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 15, 2017, 06:29:28 PM
Couple of more questions for anyone who can answer them.   I was reading the info on my Citicard, it said any AU has access to my CC information.   Is that true when using this middleman?

And another one,  what happens if an AU pulls his credit report.   Is there any info on it now that he could use to steal my identity?  Do credit reports show the full card number, or any other useful info?


Thanks.

They certainly will have your address show up on their credit report. Full account numbers aren't shown on credit reports.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 15, 2017, 06:33:33 PM
So I got word back that they have my materials, but that given the number of new cards they have, sales are likely to be very slow. 

But he said something interesting, and forcefully: he said closure of the cards is not a matter of "if," but only "when."  He says that while a few people have done this for a few years, eventually, any card you use WILL get closed.  That was a stronger prediction than I ever heard on this thread.

Has anyone had any cards closed?

This is why ARS says only use cards that you don't care if they might get closed. He's not using Chase for that reason. If I can get a few grand out of AU's on my chase card, that beats the pants off of any future sign up bonus @ Chase. You also ahve to assume that if you get an account closed for this that you'll get black listed. This is why I don't have my USAA card enrolled. it's not worth messing up my auto insurance. And certainly don't use a bank that you have major deposits at as you wouldn't want your funds to be temporarily frozen.

I have plenty of credit cards at issuers that they don't work with, so I'm not concerned about losing access to all of my credit. (Amex, Navy Fed, PenFed, and other credit unions, plus the aforementioned USAA which I won't be enrolling), so I'm not worried if the enrolled cards get closed, but I trust that they will do whatever they can to minimize closure probability by not giving you too many AU's all at once and such.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 16, 2017, 05:24:52 AM
I'm guessing the slow sales are much more related to them being swamped, than to the market being swamped.  I'd bet that there are lots more folks who need help with their credit, than have good credit and are willing to sell a trade-in.

Sure, but the challenge is finding them, and letting them know it exists.  How many people had heard about buying an AU spot from a stranger before this thread.

The current market isn't those who need to improve their credit, it's those who know about this method, and have reason to pay for it.  The potential market is all of the former, but the ones adding AUs is the latter.

+1 to TJ on the rest.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog on February 16, 2017, 06:49:31 AM
Two of my cards were Chase cards, so that probably makes it less likely that those would get picked.

He pretty much told me don't bother with my two Chase cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 16, 2017, 08:38:28 AM
So I got word back that they have my materials, but that given the number of new cards they have, sales are likely to be very slow. 

But he said something interesting, and forcefully: he said closure of the cards is not a matter of "if," but only "when."  He says that while a few people have done this for a few years, eventually, any card you use WILL get closed.  That was a stronger prediction than I ever heard on this thread.

Has anyone had any cards closed?

Yep, eventually cards will likely close. If card closure is not an outcome that is worth risking, definitely don't do tradeline sales.

Nope, no Mustachians have had any cards closed doing it for the last 7 months.  :)

This is actually why I hope sales are a bit slow. I only have my USAA card enrolled. But I have had accounts and insurance with them for close to 2 decades. I would be surprised if they suddenly decided to close all my accounts over this since they would essentially be losing me as a long term customer and someone they make money off of. I will probably drop my USAA card from tradelines once a couple other cards come of age soon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on February 16, 2017, 09:06:50 AM
This is actually why I hope sales are a bit slow. I only have my USAA card enrolled. But I have had accounts and insurance with them for close to 2 decades. I would be surprised if they suddenly decided to close all my accounts over this since they would essentially be losing me as a long term customer and someone they make money off of. I will probably drop my USAA card from tradelines once a couple other cards come of age soon.

I only have my USAA card enrolled and I would also be shocked if they blacklisted me entirely. I have car insurance, home insurance, checking, savings, car loan, and a mutual fund with them. But similarly, I will be moving away from using my USAA card once I have some other cards ready to go.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 16, 2017, 10:11:35 AM
So I got word back that they have my materials, but that given the number of new cards they have, sales are likely to be very slow. 

But he said something interesting, and forcefully: he said closure of the cards is not a matter of "if," but only "when."  He says that while a few people have done this for a few years, eventually, any card you use WILL get closed.  That was a stronger prediction than I ever heard on this thread.

Has anyone had any cards closed?

Yep, eventually cards will likely close. If card closure is not an outcome that is worth risking, definitely don't do tradeline sales.

Nope, no Mustachians have had any cards closed doing it for the last 7 months.  :)

This is actually why I hope sales are a bit slow. I only have my USAA card enrolled. But I have had accounts and insurance with them for close to 2 decades. I would be surprised if they suddenly decided to close all my accounts over this since they would essentially be losing me as a long term customer and someone they make money off of. I will probably drop my USAA card from tradelines once a couple other cards come of age soon.

I wouldn't be surprised. You're using their credit card to circumvent their industry-wide standard risk management in the form of credit analysis. This is not normal credit card consumer behavior. That's why it is so lucrative. I've seen people get blacklisted from credit card issuers for manufactured spending which is drastically more tame than this IMO. Maybe you get a warning first, but never a guarantee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on February 16, 2017, 11:04:32 AM
I wouldn't be surprised. You're using their credit card to circumvent their industry-wide standard risk management in the form of credit analysis. This is not normal credit card consumer behavior. That's why it is so lucrative. I've seen people get blacklisted from credit card issuers for manufactured spending which is drastically more tame than this IMO. Maybe you get a warning first, but never a guarantee.
I think the most likely outcome if this becomes too much of a problem for the industry would be to report how long someone has been an AU on an account rather than how old the account is. I believe this is already how American Express reports which is why American Express accounts are not useful for tradeline sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 16, 2017, 11:44:42 AM
So I got word back that they have my materials, but that given the number of new cards they have, sales are likely to be very slow. 

But he said something interesting, and forcefully: he said closure of the cards is not a matter of "if," but only "when."  He says that while a few people have done this for a few years, eventually, any card you use WILL get closed.  That was a stronger prediction than I ever heard on this thread.

Has anyone had any cards closed?

Yep, eventually cards will likely close. If card closure is not an outcome that is worth risking, definitely don't do tradeline sales.

Nope, no Mustachians have had any cards closed doing it for the last 7 months.  :)

This is actually why I hope sales are a bit slow. I only have my USAA card enrolled. But I have had accounts and insurance with them for close to 2 decades. I would be surprised if they suddenly decided to close all my accounts over this since they would essentially be losing me as a long term customer and someone they make money off of. I will probably drop my USAA card from tradelines once a couple other cards come of age soon.

I wouldn't be surprised. You're using their credit card to circumvent their industry-wide standard risk management in the form of credit analysis. This is not normal credit card consumer behavior. That's why it is so lucrative. I've seen people get blacklisted from credit card issuers for manufactured spending which is drastically more tame than this IMO. Maybe you get a warning first, but never a guarantee.

Sure there are some hardcore churners out there who do massive amounts of MS. I wouldn't be surprised by that. If you go "balls to the walls" on opportunities likes this, you are more likely to draw attention to yourself and get blacklisted. I still churn using MS, but not very often. I doubt my level of churning sends up any red flags. I am keeping my level of piggybacking the same way.

I'll do a bit more with cards I don't care to get shut down, when they come of age. If USAA decides to blacklist me, oh well. There are plenty of local banks and insurance companies that will gladly take my money. I highly doubt it will come to that, but if it does, no biggie.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 16, 2017, 11:44:53 AM
So I got word back that they have my materials, but that given the number of new cards they have, sales are likely to be very slow. 

But he said something interesting, and forcefully: he said closure of the cards is not a matter of "if," but only "when."  He says that while a few people have done this for a few years, eventually, any card you use WILL get closed.  That was a stronger prediction than I ever heard on this thread.

Has anyone had any cards closed?

Yep, eventually cards will likely close. If card closure is not an outcome that is worth risking, definitely don't do tradeline sales.

Nope, no Mustachians have had any cards closed doing it for the last 7 months.  :)

This is actually why I hope sales are a bit slow. I only have my USAA card enrolled. But I have had accounts and insurance with them for close to 2 decades. I would be surprised if they suddenly decided to close all my accounts over this since they would essentially be losing me as a long term customer and someone they make money off of. I will probably drop my USAA card from tradelines once a couple other cards come of age soon.

I wouldn't be surprised. You're using their credit card to circumvent their industry-wide standard risk management in the form of credit analysis. This is not normal credit card consumer behavior. That's why it is so lucrative. I've seen people get blacklisted from credit card issuers for manufactured spending which is drastically more tame than this IMO. Maybe you get a warning first, but never a guarantee.

I would not consider hardcore MS 'more tame' - MS is directly taking cash out of their pockets. This is more indirect,if at all negative for the cc issuer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 16, 2017, 03:25:10 PM
I think the most likely outcome if this becomes too much of a problem for the industry would be to report how long someone has been an AU on an account rather than how old the account is. I believe this is already how American Express reports which is why American Express accounts are not useful for tradeline sales.

Yep.  On the AU's credit report, the "open" date is the date they were added as AU. So it's aged 0 at first, which makes Amex not helpful to boost AU's average age.  I too wouldn't be surprised to see other cards go this way, and no longer be useful.  Hopefully not though.  ;)

Sure there are some hardcore churners out there who do massive amounts of MS. I wouldn't be surprised by that. If you go "balls to the walls" on opportunities likes this, you are more likely to draw attention to yourself and get blacklisted. I still churn using MS, but not very often. I doubt my level of churning sends up any red flags. I am keeping my level of piggybacking the same way.

I'll do a bit more with cards I don't care to get shut down, when they come of age. If USAA decides to blacklist me, oh well. There are plenty of local banks and insurance companies that will gladly take my money. I highly doubt it will come to that, but if it does, no biggie.   

Yep, this is the attitude I have.

If they cancel, oh well.  That's something you have to be okay with if you sell TLs.

Luckily, cancellations are rare.  If you do a bunch of TLs all the time, they'll happen.  Eventually, likely years down the road, if you're steadily doing some, they'll likely happen.  If you occasionally get a sale every few months?  I'd be very surprised, as long as the AU is vetted and a real person, not fraud (i.e. other companies that don't very the same can get you shut down after a single add, if there's a problem with it).

I would not consider hardcore MS 'more tame' - MS is directly taking cash out of their pockets. This is more indirect,if at all negative for the cc issuer.

Agreed, which is why I think you're much more likely to get a card shut down, but not blacklisted. AFAIK, no one's been blacklisted anywhere, except Chase (why I don't currently use them--I have 500k+ UR points I'd rather not potentially lose).  Otherwise I'd consider using Chase.

Speaking of Chase...

Two of my cards were Chase cards, so that probably makes it less likely that those would get picked.

He pretty much told me don't bother with my two Chase cards.

Here's the thing with Chase cards:
They're a pain in the rear for AU companies.  That's why old company doesn't take them at all, and it's only worth using if they're really good cards (really old and/or really high limits) for the new company.

To get them to report correctly, the AU needs to buy a TL slot on the Chase and on another card by the same person (so you can't only enroll a Chase).  So that's more expensive, so automatically rarer that you'll see that sale.  Even then, it may not report.

So here's the strategy with Chase cards:
Transfer all your credit (leaving a few hundred bucks) onto one Chase "super" card--the one with the oldest limit.

So say you have 3 Chase cards with limits of $18k, 22k, and 7k.  If the 7k is the oldest, transfer 17k and 21k of credit to it, making it a 45k card (and the others 1k and 1k) with a long credit history.

Enroll that.

That's more likely to get sales than other dinky ones, which likely won't.

I mean, if you have a single 20k+ Chase (and another card enrolled), it doesn't HURT to enroll it, I just wouldn't expect to see many sales on it.

Having only one Chase enrolled also decreases your risk they shut you down.

Whereas if those were Barclays, I'd probably transfer credit from the youngest to the two oldest to get two of them over 20k (one of them being the original 7k card, since that was the oldest, keep the newest one at 1k), and then work on bumping the limits on all 3 so I could transfer credit around to get all three enrolled, two at > 20k, one at > 10k.

Hope that helps, for those of you wondering about Chase!

It's nice that they're still taking them, but sales will still be slow (but luckily if you do get a Chase sale, it comes with one on another card).  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 16, 2017, 04:31:06 PM
Has anyone found a way to itemize deductions associated with this gig?
 I made almost $4K last year with this gig and I am working on my taxes right now with TurboTax.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 16, 2017, 08:32:34 PM
Has anyone found a way to itemize deductions associated with this gig?
 I made almost $4K last year with this gig and I am working on my taxes right now with TurboTax.

See here:

http://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices/

Short answer:  if you do a schedule C, you'll be able to deduct expenses against income.  You'll pay income tax on your net profit, plus probably self-employment taxes given the amount you earned.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on February 17, 2017, 12:11:42 PM
Was able to enroll 2 cards in the program today.  The email I received said they are taking cards that are over 2 years old with limits of $10,000 and up.  I've got a couple more cards that are close to eligible, but I have to wait a few months to request another credit line bump.  Had some luck with Chase shuffling my credit lines around so that one of my cards went up over $10k.  Citi and Discover were unwilling to move credit lines from one card to another.  So I'm stuck with 2 separate Discover cards with limits in the $8,000 range.  Frustrating.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 19, 2017, 12:55:33 PM
Was able to enroll 2 cards in the program today.  The email I received said they are taking cards that are over 2 years old with limits of $10,000 and up.  I've got a couple more cards that are close to eligible, but I have to wait a few months to request another credit line bump.  Had some luck with Chase shuffling my credit lines around so that one of my cards went up over $10k.  Citi and Discover were unwilling to move credit lines from one card to another.  So I'm stuck with 2 separate Discover cards with limits in the $8,000 range.  Frustrating.

Patience. You can get a CL increase from Discover every 60 days.

After that, you can get FAR more sales with 2 cards than one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 19, 2017, 01:13:13 PM
Was able to enroll 2 cards in the program today.  The email I received said they are taking cards that are over 2 years old with limits of $10,000 and up.  I've got a couple more cards that are close to eligible, but I have to wait a few months to request another credit line bump.  Had some luck with Chase shuffling my credit lines around so that one of my cards went up over $10k.  Citi and Discover were unwilling to move credit lines from one card to another.  So I'm stuck with 2 separate Discover cards with limits in the $8,000 range.  Frustrating.

Patience. You can get a CL increase from Discover every 60 days.

After that, you can get FAR more sales with 2 cards than one.

Did you have a place to add a desired Credit Limit with them? After 60 days I filled out the form with my income etc, but it said it will take a few days to review. They increased me, but I was hoping to request more.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 19, 2017, 05:01:59 PM
Was able to enroll 2 cards in the program today.  The email I received said they are taking cards that are over 2 years old with limits of $10,000 and up.  I've got a couple more cards that are close to eligible, but I have to wait a few months to request another credit line bump.  Had some luck with Chase shuffling my credit lines around so that one of my cards went up over $10k.  Citi and Discover were unwilling to move credit lines from one card to another.  So I'm stuck with 2 separate Discover cards with limits in the $8,000 range.  Frustrating.

Patience. You can get a CL increase from Discover every 60 days.

After that, you can get FAR more sales with 2 cards than one.

Did you have a place to add a desired Credit Limit with them? After 60 days I filled out the form with my income etc, but it said it will take a few days to review. They increased me, but I was hoping to request more.

Huh. I just do it on the website and it is typically instant.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 19, 2017, 06:10:59 PM
Was able to enroll 2 cards in the program today.  The email I received said they are taking cards that are over 2 years old with limits of $10,000 and up.  I've got a couple more cards that are close to eligible, but I have to wait a few months to request another credit line bump.  Had some luck with Chase shuffling my credit lines around so that one of my cards went up over $10k.  Citi and Discover were unwilling to move credit lines from one card to another.  So I'm stuck with 2 separate Discover cards with limits in the $8,000 range.  Frustrating.

Patience. You can get a CL increase from Discover every 60 days.

After that, you can get FAR more sales with 2 cards than one.

Did you have a place to add a desired Credit Limit with them? After 60 days I filled out the form with my income etc, but it said it will take a few days to review. They increased me, but I was hoping to request more.

Discover doesn't allow you to suggest a limit or increase amount.  In my experience, they evaluate your inputs (income, mortgage, maybe something else like assets) and respond immediately.  If they do not, I believe they will indicate it will be a hard pull and give you an option to accept or decline.

Hope that helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 19, 2017, 06:36:34 PM
Was able to enroll 2 cards in the program today.  The email I received said they are taking cards that are over 2 years old with limits of $10,000 and up.  I've got a couple more cards that are close to eligible, but I have to wait a few months to request another credit line bump.  Had some luck with Chase shuffling my credit lines around so that one of my cards went up over $10k.  Citi and Discover were unwilling to move credit lines from one card to another.  So I'm stuck with 2 separate Discover cards with limits in the $8,000 range.  Frustrating.

Patience. You can get a CL increase from Discover every 60 days.

After that, you can get FAR more sales with 2 cards than one.

Did you have a place to add a desired Credit Limit with them? After 60 days I filled out the form with my income etc, but it said it will take a few days to review. They increased me, but I was hoping to request more.

Discover doesn't allow you to suggest a limit or increase amount.  In my experience, they evaluate your inputs (income, mortgage, maybe something else like assets) and respond immediately.  If they do not, I believe they will indicate it will be a hard pull and give you an option to accept or decline.

Hope that helps.

I had your experience 2 months ago, where you could put a higher amount if the suggestes amount wasn't enough, but this time, I didn't have that option at all. It just went straight to pending and sent me an email approval regarding a token increase. Wonder if they didn't pull a hard ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on February 20, 2017, 12:17:33 PM
I'm pretty sure Discover never does a hard pull without getting your consent. So if you got an approval without asking for your consent to do the hard pull, they did at most a soft pull.

I did a Discover CLI at the end of November. Recently tried again and got shut down - "not enough experience" with the new credit limit. I have a calendar reminder to try again at the 90-day mark.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on February 20, 2017, 06:55:14 PM
Just got an email to sign up for new company's portal! Glad it's up and running. Still no sales with this company, but I only have 1 card that is worthy of sales, so not complaining (I've been getting sales with old company). Portal is a bit clunky, but better than nothing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on February 20, 2017, 09:57:15 PM
Does anyone know if Capital One ever transfers credit limits between cards? I did an online chat and was told no, but it may be worth it to call someone tomorrow.

I have a relatively new card with a high limit, and an older one with a low limit. Would love to move some of that limit over to the old one.

Yes you can. More info here: http://www.doctorofcredit.com/rules-for-reallocating-your-credit-limit-with-each-credit-card-issuer/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 20, 2017, 10:08:48 PM
Just got an email to sign up for new company's portal!

Yep!  :)

If you did not get this email:
A) No need to panic,
B) No need to post or email the company about it.

Current status is: they are sending out emails in batches to not overwhelm the portal with everyone signing up for it at once.  So some people will have gotten an email (a small percent of Mustachians, around 10%, I believe) today, and then more will get it over the next few days.

I'd guess everyone will get it within the next week or two.

It won't affect your sales, as right now the portal is up, but they're still doing the manual email AU adds (just got a sale myself yesterday), so if you aren't signed up for the portal until a bit later, no worries, it won't affect you monetarily.  Once they have everyone in the portal system, they'll start using that exclusively, so when you do get the email, make sure you go sign up.

As with my disclaimer in the OP, there will be a place to select me/MMM forums as the referrer.  If you select this, you'll get the higher payout rate on select categories, as mentioned (and my referral will not make you paid any less, but rather more). However, there is no obligation to select it, I believe you can leave that field blank.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on February 21, 2017, 05:48:07 AM
I see a spot for uploading documents on the portal (W9, Cardmember Agreement, etc.)  I'm assuming I don't have to upload again since I already sent it via e-mail?

Also, I added my cards last night and they all say "Pending Activation".  Does that mean I just wait?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 21, 2017, 06:03:23 AM
Yes to both.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on February 21, 2017, 02:40:58 PM
I went through a round of credit limit increase requests yesterday. I was successful; I got several thousand dollars more credit. But all of them asked why I wanted the increase. I told them I was thinking of starting a new business and wanted to have some extra credit available.

I'm new at this, though. What do I say in three months when I ask for another increase? If I give them the same reason, but they see that I haven't been charging anymore since my last increase, won't they think that's odd? How many times can I tell them I'm starting a new business, without actually charging any more on my cards, before they see through my little game?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on February 21, 2017, 02:46:54 PM
I went through a round of credit limit increase requests yesterday. I was successful; I got several thousand dollars more credit. But all of them asked why I wanted the increase. I told them I was thinking of starting a new business and wanted to have some extra credit available.

I'm new at this, though. What do I say in three months when I ask for another increase? If I give them the same reason, but they see that I haven't been charging anymore since my last increase, won't they think that's odd? How many times can I tell them I'm starting a new business, without actually charging any more on my cards, before they see through my little game?

I've only been asked once, and I just said I'd been doing some reading on credit scores and learned that it's important to have a good utilization ratio and higher limits help with that, so could I please have a higher limit. It worked.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 21, 2017, 02:54:51 PM
Or tell them you just want to have more available credit.  They don't care, and don't check back months ago to previous requests. They're just filling a box.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ss17 on February 21, 2017, 04:42:38 PM
Well, I guess I must be the 1'st to get my card closed with the new company.  I just received a letter from B of A saying "This account is closed due to irregularity in Authorized user activity."  I had enrolled in January, and had 2 sales last month, and had just added a 3'rd this month.  I'm wondering if I'll get paid for anything now?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on February 22, 2017, 12:53:31 PM
Well, I guess I must be the 1'st to get my card closed with the new company.  I just received a letter from B of A saying "This account is closed due to irregularity in Authorized user activity."  I had enrolled in January, and had 2 sales last month, and had just added a 3'rd this month.  I'm wondering if I'll get paid for anything now?

Ruh roh.  We have a 45k 1996 BofA with old company. Maybe we'll play it cool for a month or two.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 22, 2017, 12:55:44 PM
Well, I guess I must be the 1'st to get my card closed with the new company.  I just received a letter from B of A saying "This account is closed due to irregularity in Authorized user activity."  I had enrolled in January, and had 2 sales last month, and had just added a 3'rd this month.  I'm wondering if I'll get paid for anything now?

you need to inform the new company..  the site i currently use is having similar issues come in they've haulted all BofA sales.  Basically sounds to me like BofA is now dead for Tradelines. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 22, 2017, 01:25:14 PM
Well, I guess I must be the 1'st to get my card closed with the new company.  I just received a letter from B of A saying "This account is closed due to irregularity in Authorized user activity."  I had enrolled in January, and had 2 sales last month, and had just added a 3'rd this month.  I'm wondering if I'll get paid for anything now?

Ick. 

Sorry.  =/

Can you CC me (you should have my email from the original referral info, but if not, PM me for it) when you message the tradeline company about it (or, if you've already messaged them, forward to me), so I can be in the loop as well?

I also just emailed them separately, and will keep everyone in the loop.

Ruh roh.  We have a 45k 1996 BofA with old company. Maybe we'll play it cool for a month or two.

I have multiple B of As enrolled between my wife and I, including a 45k card I added an AU to about 4 days ago.  =/

Well, this was one of the risks... I'll be interested to see how it plays out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on February 22, 2017, 02:31:50 PM
Sad to hear of the BofA issues.  I have one I was hoping to make some sales on. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on February 22, 2017, 03:01:52 PM
I signed up on the new portal today. They now only take cards that are 2 years old so my 18 months old cards I did not try to enroll. Hopefully this summer I can enroll those cards as they mature to 2 years. AT least I have my wife's 7 year old card and that is the only tradeline offer I have received thus far.
Thank you Arebelspy I did put you down as my referral.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 22, 2017, 03:06:47 PM
I signed up on the new portal today. They now only take cards that are 2 years old so my 18 months old cards I did not try to enroll. Hopefully this summer I can enroll those cards as they mature to 2 years. AT least I have my wife's 7 year old card and that is the only tradeline offer I have received thus far.
Thank you Arebelspy I did put you down as my referral.

I added 2 of my cards that were 18-20 months since they were previously accepted (by email from the owner).  I guess we'll see if they continue to take them.  You might want to add them or email asking.  If they get rejected, I will update my post to advise.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 22, 2017, 03:25:17 PM
Heard back from the TL company.

They think the issue was that apparently there was an extra AU on the card (ss17's wife as an AU), so he went above the limit of 3 they do, to 4 total, which caused the cancellation.  Very important to tell them if any AUs are on there.  That's their best guess (no way to tell for sure, obviously).  This is the soonest they've seen a card shut down.

They haven't seen any systematic B of A shutdowns.

Citi is apparently doing an audit right now and shutting down some cards, and they've talked with several other TL companies who are seeing the same thing.

In their experience (~10 years in business), it happens every once in awhile (about every 18 to 24 months), for a month or two, then calms back down for awhile.

I signed up on the new portal today. They now only take cards that are 2 years old so my 18 months old cards I did not try to enroll. Hopefully this summer I can enroll those cards as they mature to 2 years. AT least I have my wife's 7 year old card and that is the only tradeline offer I have received thus far.
Thank you Arebelspy I did put you down as my referral.

I added 2 of my cards that were 18-20 months since they were previously accepted (by email from the owner).  I guess we'll see if they continue to take them.  You might want to add them or email asking.  If they get rejected, I will update my post to advise.

+1. Can't hurt to add them.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on February 22, 2017, 04:00:36 PM
My first add was a dud :( Citi could not verify the SSN for the AU and I had a lengthy phone call with their Fraud Department. Citi told me that they will sent me a form in the mail which I will have to complete and attach a copy of the SSN card of the AU and mail it back to them. But the AU was added to the card without the SSN. I relayed the information to the company and they told me to ignore the form and do nothing (leave the AU on the card).

This should not have happened since per the company they do a verification of the SSN of all their customers before sending them out for addition, huh!

Have since added 2 AUs to the same card without any problems. But now with the Citi Audit not sure when the card will be shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 22, 2017, 04:03:53 PM
My first add was a dud
...
Have since added 2 AUs to the same card without any problems.

Weird. The latter two tends to happen much more often. Adds that don't post happen, but infrequently (I'd guess maybe 1 in 20?).

Quote
But now with the Citi Audit not sure when the card will be shut down.

Yeah, I'm curious to see how the various companies play out (B of A, Citi, etc.).  Crossing my fingers!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Fireball on February 22, 2017, 08:06:36 PM
This should not have happened since per the company they do a verification of the SSN of all their customers before sending them out for addition, huh!

Weird. Easiest explanation is they don't verify the SSN in the IRS database, but maybe there's another possibility.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Smokystache on February 22, 2017, 08:24:29 PM
It isn't clear from the email - do I need to create 2 different accounts for my cards and my wife's on the new portal? Maybe I missed a note about it. Thought I might get a quicker reply here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 22, 2017, 08:29:28 PM
It isn't clear from the email - do I need to create 2 different accounts for my cards and my wife's on the new portal? Maybe I missed a note about it. Thought I might get a quicker reply here.

Did you originally sign two agreements?

I did two different accounts for my wife and I, as we have different SSNs for payment (though I used the same email--just a different username, phone, and bank account for payment on both).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Smokystache on February 22, 2017, 08:30:50 PM
Holy cow you're fast ... yes, we did sign two agreements. I'll go ahead and set up a second account just for hers.
Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 22, 2017, 08:32:39 PM
Haha. As the large number under my username indicates, having something to do all day in FIRE isn't a problem for me. ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on February 22, 2017, 10:25:51 PM
I received the email to add my cards.  I also participated in the beta. 

As when helping test the beta, when i submit all my info for a card, i click "Save" and no card is added.  I then click "Exit" and no card is added.

Is there some magic I'm supposed to do to get my cards added?  I emailed them about 10 days ago with this issue and never heard back.

Any suggestions for those that have been able to get this to work?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 22, 2017, 11:27:50 PM
Once you add a card, it should show up as "pending" in the my cards section.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 23, 2017, 04:35:36 AM
Updated information regarding payouts:

Currently it happens roughty one month after your close (as mentioned in my comparison post)--usually within a few days, after they check everything posted correctly.  So those of you with January adds should see payment any time, if you haven't yet.

It may switch to the end of the following month, the way new company does it, due to the way the system is structured with the new portal.  I'll update the original posts if and when that happens.

So for now, payouts from the manual emails should be arriving about a month after you add them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 23, 2017, 04:50:27 AM
I received the email to add my cards.  I also participated in the beta. 

As when helping test the beta, when i submit all my info for a card, i click "Save" and no card is added.  I then click "Exit" and no card is added.

Is there some magic I'm supposed to do to get my cards added?  I emailed them about 10 days ago with this issue and never heard back.

Any suggestions for those that have been able to get this to work?

Have you tried using a different browser?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on February 23, 2017, 05:45:03 AM
I had to switch to Firefox when I signed up because the pop up box to enter my information was cut off and I couldn't see the line for my first name.  People with bigger screens or higher resolution probably won't have a problem.

I also really like the green loading bar on the new interface, it reminds me of computer games from the early 90s.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on February 23, 2017, 05:45:39 AM
I received the email to add my cards.  I also participated in the beta. 

As when helping test the beta, when i submit all my info for a card, i click "Save" and no card is added.  I then click "Exit" and no card is added.

Is there some magic I'm supposed to do to get my cards added?  I emailed them about 10 days ago with this issue and never heard back.

Any suggestions for those that have been able to get this to work?

I just got the email this morning and am having the same problem as you. I tried both Chrome and Firefox. I click the button, nothing happens, and nothing shows up in "my cards".
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 23, 2017, 06:03:37 AM
Check your popup settings - if you've got them set to the most restrictive, it could be blocking the popup asking if all the information is correct. You have to click "Yes" on that before you'll get the cool 90's video game loading bar.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on February 23, 2017, 06:13:24 AM
Check your popup settings - if you've got them set to the most restrictive, it could be blocking the popup asking if all the information is correct. You have to click "Yes" on that before you'll get the cool 90's video game loading bar.

Ah, good call. Now I'm getting
Quote
**Card Add Failed!!

Time to put in a support ticket...

Quote
**Ticket Add failed!

Well crap.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 23, 2017, 08:36:47 AM
Well that's a sticky wicket.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on February 23, 2017, 09:55:13 AM
What does the "Used Card in past 60 days" mean? It does not allow to click the "Yes" button.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 23, 2017, 10:05:13 AM
What does the "Used Card in past 60 days" mean? It does not allow to click the "Yes" button.

I thought it was asking "have you used the card in the past 60 days?"  I was able to choose yes or no.  You may want to try a different browser since some have noted browser issues.  Firefox worked fine for me on Windows.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on February 23, 2017, 11:59:28 AM
I can not add a card either using chrome, but it worked yesterday. I did have to adjust my zoom to 75%
in the browser. But now can not add any more cards, I wonder if it is because they are less than 2 years old or is this a glich.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on February 23, 2017, 01:11:56 PM
I was able to add my three cards. They have statement dates around the 25th. So hopefully I get sales here shortly and don't miss another month... :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 23, 2017, 09:50:56 PM
Just got an email to sign up for new company's portal!
Current status is: they are sending out emails in batches to not overwhelm the portal with everyone signing up for it at once.  So some people will have gotten an email (a small percent of Mustachians, around 10%, I believe) today, and then more will get it over the next few days.

I'd guess everyone will get it within the next week or two.

I believe the last batch of emails should go out tomorrow, and then everyone should have received it.

If you want tradeline sales, go on and create a login, and add your cards into the system.

If you want to get the higher MMM payouts, make sure you put MMM/Joe as the referral in the drop down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on February 23, 2017, 09:55:23 PM
I received the email to add my cards.  I also participated in the beta. 

As when helping test the beta, when i submit all my info for a card, i click "Save" and no card is added.  I then click "Exit" and no card is added.

Is there some magic I'm supposed to do to get my cards added?  I emailed them about 10 days ago with this issue and never heard back.

Any suggestions for those that have been able to get this to work?

I just got the email this morning and am having the same problem as you. I tried both Chrome and Firefox. I click the button, nothing happens, and nothing shows up in "my cards".

Using explorer probably solves the problem
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on February 23, 2017, 11:27:08 PM
I have a question that I'm sure we've gone over but can't find it in the first few pages.

If I keep my spouse listed as an authorized user, does that reduce the number of spots I should sell at a time?

What if I keep my spouse + daughter on the card?

Thanks and again sorry if this has been posted. MMM search utility is not .. uh .. terribly helpful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 23, 2017, 11:37:33 PM
I have a question that I'm sure we've gone over but can't find it in the first few pages.

If I keep my spouse listed as an authorized user, does that reduce the number of spots I should sell at a time?

What if I keep my spouse + daughter on the card?

Thanks and again sorry if this has been posted. MMM search utility is not .. uh .. terribly helpful.
Yes, that will reduce the number of spots. Make sure you let the company know, or you'll be at a much higher risk of card cancellation (by going over the limits the raise flags to the CC issuers).

I'd personally remove the extra people, then just add them (and let TL company know) only when they'll be applying for credit, but you can just reduce your spots open for sales if you'd like.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on February 23, 2017, 11:40:49 PM
I have a question that I'm sure we've gone over but can't find it in the first few pages.

If I keep my spouse listed as an authorized user, does that reduce the number of spots I should sell at a time?

What if I keep my spouse + daughter on the card?

Thanks and again sorry if this has been posted. MMM search utility is not .. uh .. terribly helpful.
Yes, that will reduce the number of spots. Make sure you let the company know, or you'll be at a much higher risk of card cancellation (by going over the limits the raise flags to the CC issuers).

I'd personally remove the extra people, then just add them (and let TL company know) only when they'll be applying for credit, but you can just reduce your spots open for sales if you'd like.

Okay - that's just as I'd expected. Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CatRamBone on February 24, 2017, 06:19:08 AM
what were to happen when the card is closed? is this reported on  your credit?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 24, 2017, 07:18:03 AM
what were to happen when the card is closed? is this reported on  your credit?

It would say closed by issuer. Im not sure if ot gets any more specific than that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 24, 2017, 07:33:41 AM
i'm all setup and my cards are active in his system.  we'll see how the adds roll.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 24, 2017, 07:55:58 AM
I signed up on the new portal today. They now only take cards that are 2 years old so my 18 months old cards I did not try to enroll. Hopefully this summer I can enroll those cards as they mature to 2 years. AT least I have my wife's 7 year old card and that is the only tradeline offer I have received thus far.
Thank you Arebelspy I did put you down as my referral.

I added 2 of my cards that were 18-20 months since they were previously accepted (by email from the owner).  I guess we'll see if they continue to take them.  You might want to add them or email asking.  If they get rejected, I will update my post to advise.

My 18-20 month old cards were accepted/activated.  If anyone has cards over 18 months with limits over 12K (my suggestion), I would put them in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on February 24, 2017, 02:08:30 PM
Just checking in to say, I did get the email a couple of days back, but have not had the time to create account.
On todo list for this weekend.

I did get two more spots sold a couple of days ago. Thanks ARS!!

The email now said to get the cards AND activate them, unlike the last adds where they just wanted me
to get card, but not activate.
This is a big hassle for me, being a fulltime traveller and receiving mail at a friends place,
where I don't want cards mailed to with a bunch of different names.
I did ask my contact person, if it's absolutely mandatory to get card and activate and she said it was not.
So I opted to not do that.
I understand that means a higher risk to me, as the card issuer could question the adds, but there's no disadvantage to the AUs.
If I knew I'd sell that many spots on a regular basis, it would be worthwhile investing in a mail forwarder, but at this point
the deal I have with my friend, works fine for me.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 24, 2017, 02:10:20 PM
I've never activated an AU's card.  You're good.  :)

Worth setting up the portal.  It's quick. Probably 5 minutes to create a login, and 1-2 minutes per card needing to add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 24, 2017, 08:07:15 PM
Added my 3 cards to the site. Here's hoping for some sales next month. It will be my 3rd cycle (the first was very close timewise though)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on February 24, 2017, 10:22:43 PM
I've never activated an AU's card.  You're good.  :)

Worth setting up the portal.  It's quick. Probably 5 minutes to create a login, and 1-2 minutes per card needing to add.
Yep I just did. Easy peasy.
Just had so much other stuff to do after coming back from my trip, but finally got around to this as well.
Wish I had more cards to add ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on February 25, 2017, 08:15:17 AM
My cards now say active. Hopefully I sell some spots
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on February 25, 2017, 09:00:18 AM
The email now said to get the cards AND activate them, unlike the last adds where they just wanted me
to get card, but not activate.
This is a big hassle for me, being a fulltime traveller and receiving mail at a friends place,
where I don't want cards mailed to with a bunch of different names.
...
If I knew I'd sell that many spots on a regular basis, it would be worthwhile investing in a mail forwarder, but at this point
the deal I have with my friend, works fine for me.

Mail forwarders may not help you, at least for activating the cards, depending on how they work for receiving mail. Was discussed earlier, if the mail forwarder expects to only see mail addressed to your, they may return or destroy the AU addressed mail on receipt. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on February 25, 2017, 09:51:39 AM
I believe the last batch of emails should go out tomorrow, and then everyone should have received it.

If you want tradeline sales, go on and create a login, and add your cards into the system.

If you want to get the higher MMM payouts, make sure you put MMM/Joe as the referral in the drop down.

Should I be concerned that I have not received an email yet?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog on February 25, 2017, 10:21:28 AM
I believe the last batch of emails should go out tomorrow, and then everyone should have received it.

If you want tradeline sales, go on and create a login, and add your cards into the system.

If you want to get the higher MMM payouts, make sure you put MMM/Joe as the referral in the drop down.

Should I be concerned that I have not received an email yet?

Same
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on February 25, 2017, 12:42:43 PM
I sent in all my paperwork on Thursday. Don't want to be pushy but when should I follow up?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 25, 2017, 03:15:46 PM
They work M-F, so not hearing anything on the weekend isn't a concern.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on February 25, 2017, 06:14:31 PM
Do you still get an email from the same person when you sell a trade line when using the portal?

I'm hoping to. Real my maiden soon
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 25, 2017, 08:34:03 PM
They work M-F, so not hearing anything on the weekend isn't a concern.  :)

They must be working overtime because I got an add this morning and a reply to my acknowledgement of said add. And they are still doing adds by email BTW.  I don't have any information in my portal, other than my cards, which were switched from Not Active to Active at some point in between the beta testing and today.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on February 26, 2017, 11:56:39 AM
What does the "Used Card in past 60 days" mean? It does not allow to click the "Yes" button.

I thought it was asking "have you used the card in the past 60 days?"  I was able to choose yes or no.  You may want to try a different browser since some have noted browser issues.  Firefox worked fine for me on Windows.
I had a couple cards that were not used in 60 days (and choose 'no' on the portal; Chrome on Win.7).
I've use those cards now (small charges).  How do I edit that on the portal?  Or how do I tell 'the Co.'?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on February 26, 2017, 01:41:08 PM
Looks like I didn't have any sales for two months in a row now... bummer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 26, 2017, 01:52:51 PM
What does the "Used Card in past 60 days" mean? It does not allow to click the "Yes" button.

I thought it was asking "have you used the card in the past 60 days?"  I was able to choose yes or no.  You may want to try a different browser since some have noted browser issues.  Firefox worked fine for me on Windows.
I had a couple cards that were not used in 60 days (and choose 'no' on the portal; Chrome on Win.7).
I've use those cards now (small charges).  How do I edit that on the portal?  Or how do I tell 'the Co.'?

i think it's intended to use the "ticket system" in the portal to make changes like that, but the email address they have set up to receive the tickets bounced back when I tried to have them implement a CLI.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 26, 2017, 02:26:46 PM
What does the "Used Card in past 60 days" mean? It does not allow to click the "Yes" button.

I thought it was asking "have you used the card in the past 60 days?"  I was able to choose yes or no.  You may want to try a different browser since some have noted browser issues.  Firefox worked fine for me on Windows.
I had a couple cards that were not used in 60 days (and choose 'no' on the portal; Chrome on Win.7).
I've use those cards now (small charges).  How do I edit that on the portal?  Or how do I tell 'the Co.'?

i think it's intended to use the "ticket system" in the portal to make changes like that, but the email address they have set up to receive the tickets bounced back when I tried to have them implement a CLI.

Yep, my wife noted the same thing.

I'll say what I said to her: They got the critical pieces in place, good enough for "go live" and start moving away from doing everything over email. The rest can be cleaned up later.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 26, 2017, 07:11:42 PM

I'll say what I said to her: They got the critical pieces in place, good enough for "go live" and start moving away from doing everything over email. The rest can be cleaned up later.

Agreed.  I think the portal looks and works great so far.  I have yet to process sales through it but still a great start!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 27, 2017, 06:53:08 PM
Quote
Never bothered to do a second month charge even when they pay for 2 months

So....how do you know when they are paying for 2 months?

I inquired about if they would let me know when to remove an add I did in late January, they said they leave them up for 60-90 days, but I imagine we don't get paid for 2 or 3 months every time?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 27, 2017, 07:35:00 PM
So, does everyone else still have "pending activation" for all their cards on the new portal?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on February 27, 2017, 07:40:37 PM
I checked today and my pending activation cards had gone to active. I added them... last week, I think?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on February 27, 2017, 08:37:18 PM
Mine are also active.  Added them in the portal last Wednesday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 28, 2017, 02:14:03 AM
Quote
Never bothered to do a second month charge even when they pay for 2 months

So....how do you know when they are paying for 2 months?

I inquired about if they would let me know when to remove an add I did in late January, they said they leave them up for 60-90 days, but I imagine we don't get paid for 2 or 3 months every time?

I believe the new company said that they will send you an email as to when to remove an AU.  I plan to leave the AUs on there until I get an email.

FWIW, I did get a sale today that is the second AU on this particular card with the new company.  In the body of the email it said to add the AU and keep the existing AU.  So I'm not sure how they do it but they do seem to stay on top of things pretty well via email.  Mistakes might be made, of course, but I'm sure they try to minimize them.

#mustachianpeopleproblems - I'm in India and tried to call the credit card company, but they're closed now.  Also, I chose to pack my cards so I could do the adds from the road - the credit card companies like to have you tell them the CVV code during the calls.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rich182x on February 28, 2017, 06:01:09 AM
Well, I guess I must be the 1'st to get my card closed with the new company.  I just received a letter from B of A saying "This account is closed due to irregularity in Authorized user activity."  I had enrolled in January, and had 2 sales last month, and had just added a 3'rd this month.  I'm wondering if I'll get paid for anything now?

Ick. 

Sorry.  =/

Can you CC me (you should have my email from the original referral info, but if not, PM me for it) when you message the tradeline company about it (or, if you've already messaged them, forward to me), so I can be in the loop as well?

I also just emailed them separately, and will keep everyone in the loop.

Ruh roh.  We have a 45k 1996 BofA with old company. Maybe we'll play it cool for a month or two.

I have multiple B of As enrolled between my wife and I, including a 45k card I added an AU to about 4 days ago.  =/

Well, this was one of the risks... I'll be interested to see how it plays out.

The Tradeline co I am using limits BoA AU's to one every 4 months. Seems like they saw this issue and implemented some mitigation techniques  to keep cards from closing...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on February 28, 2017, 08:43:48 AM
I have not heard back now for about 2 weeks since sending off my information to the company.  I realize they are busy with implementing a web-portal as well as working with existing tradelines, but I was hoping for some kind of response.

I did send a courtesy e-mail over the weekend asking if I was missing any info needed to no avail.  Is this normal?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 28, 2017, 01:53:11 PM
FYI, Citi can transfer credit line between cards, but most people at Citi have no idea WTF you are talking about, especially the front line CSRs. I was transferred numerous times and it was quite a long call. Basically once you strip out the "WTF" people it needed to go through: Another credit line increase request -> denied -> transfer credit line from another Citi card.

Tried numerous times but wasn't allowed to transfer a credit line from one Citi card to another.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 28, 2017, 01:57:10 PM
Was the card at least six months old? That is a stipulation with Citi...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 28, 2017, 02:06:59 PM
Was the card at least six months old? That is a stipulation with Citi...

Yes
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MFG_Hotspur on February 28, 2017, 09:33:17 PM
My BoA was closed on my first attempt to add any AUs. I added 3 AUs per the tradeline company's request and my account was closed less than a week a later. I am communicating with them right now on the topic, but I wanted to give everyone an additional heads up/data point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on March 01, 2017, 12:37:27 AM
My BoA was closed on my first attempt to add any AUs. I added 3 AUs per the tradeline company's request and my account was closed less than a week a later. I am communicating with them right now on the topic, but I wanted to give everyone an additional heads up/data point.

Thanks for letting us know. I just logged on and confirmed our BofA is still open. We have two AUs on there now - and are slated to remove them in March. I may just let them stay a while and forgo BofA sales for a month or two. It's my husband's card from 2001 - it'd be a bummer to have it close. For $400 a month it was worth the risk. For $225* in an environment of increased closures being reported? Not so much.

When we called last time to remove AUs, we were on speaker phone so I could spoon-feed to husband what to say, as I manage this operation. One of the AUs was a woman. When the cc rep asked if we had the AU's card in our possession, I answered yes. After that, she referred to me by name as the AU. Maybe that lent credibility? IDK.

*Old company's new payment schedule should put our 15 year old $44k BofA card at a $225 per tradeline payout - but we only received $200. I've emailed them, asking for a correction. We'll see. $25 x2 is worth an email exchange.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 01, 2017, 01:26:17 AM
Well, I guess I must be the 1'st to get my card closed with the new company.

My BoA was closed on my first attempt to add any AUs.

Damn.

That's two now.  =/

Crossing my fingers my B of A cards aren't cancelled; I have several AUs on each (including an AU added within the last week or so).

Messaging the company for more info, but for now, it looks like B of A may be a no-go for a bit.

Can either of you confirm if you had other accounts with B of A besides the one card that was closed, and that those other accounts were not closed?

Guess the USAA, Capital One, Discover, Barclay, Citibank, etc. cardholders get more orders put their way now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 01, 2017, 09:09:59 AM
Went to log into the portal this morning and got this message:

"**UserName and/or Password Not Found or account has been disabled"

Anyone else having issues? I asked for a password email (even though I know it's correct) and still have received nothing. Should I be concerned?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on March 01, 2017, 12:43:31 PM
Glad I didn't bother with having my wife get her old Bank of America card that she hasn't used in a few years. I was going to have to get the card, use it for spending, and request credit limit increases. Glad we didn't waste any time doing that hearing about B of A.

Hearing about B of A shutting these down, and having no orders in two months, I'm paying a bit more attention nowdays. Given that tax situation of this income, the extra money may not be worth the hassle and risk. I'm going to give it a few more months and see though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on March 01, 2017, 02:13:26 PM
Got a confirmation that my info was received on Feb. 3rd. I still haven't received any emails about signing up for the portal.

I sent my info in on 2/17 and haven't received a portal email either, FYI.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on March 01, 2017, 02:41:24 PM
Guess the USAA, Capital One, Discover, Barclay, Citibank, etc. cardholders get more orders put their way now.

This month I got a bunch of Discover orders. Discover makes it easy to add online, BUT with the last few adds, each one has requested a follow up call to to their security verification line to ensure that it was me who added the AU. Manageable, but slightly A PITA and nerve wracking the first time it happened.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 01, 2017, 03:05:46 PM
I had the Discover fraud call when I did my first adds last June, but none since then.  Most the time they don't even make me upload the paperwork (they did the most recent time, but usually not).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 01, 2017, 03:06:08 PM
Emailed with the company owner.

They stopped B of A adds last week.

They have seen this type of crackdown before, B of A last did it about three years ago.  Capital One has done the same in the past as well. They thought they might be done with B of A and Capital One for good, but then they've come back as useful.

Other tradeline companies are seeing the same thing; as boarder mentioned, the one he uses stopped using B of A a few weeks ago, and a few other companies are seeing the same thing.

It seems cyclical. Right now Citi and B of A are auditing and more dangerous to use.  They'll be good again in a bit, and something else may be annoying.

They're also reaching out to contacts at B of A to try to get more information.

Part of the risks of selling tradelines, unfortunately.  Bummer that it happened so soon for some of you.  =/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 01, 2017, 03:20:24 PM
Okay, working on the communication issues.

They have been overwhelmed with emails, and getting the portal going, but are trying to get on track to make sure everything outstanding is answered.

If you are waiting on something, PM me (do not click the email button, please, but PM).

LINK TO PM ME HERE: http://forum.mrmoneymustache.com/pm/?sa=send;u=25 (http://forum.mrmoneymustache.com/pm/?sa=send;u=25)


Please specify if you are waiting for:
- Initial contact (documents to fill out)
- Confirmation of your filled out documents received
- Portal Information
- Problem with the portal (and what)
- Other (specify)

Please include your email address.

I will be helping to make sure you didn't fall through the cracks, and ensure you get a response.

(Please note: You will only have portal information if your filled out paperwork has been received.)

My response time may be a slight bit lagged as well (I'm in a very different time zone than most of you, currently traveling in New Zealand, plus I'm doing an RV relocation, so my Internet is limited), but it should be less than 24 hours response time from me.

Cheers!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 01, 2017, 07:57:20 PM
I'm in good shape personally with respect to everything with the new company, but I just wanted to pop in and say a big thank you to ARS for the extra work he's doing on this thread in terms of sharing the opportunity, and especially the extra help he just offered to help those of us who are running into issues.  He's also done some (probably a lot, actually) stuff behind the scenes.  He obviously doesn't need to do any of this, and some of what he has done has been detrimental to himself and his family.

Thanks, ARS!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on March 02, 2017, 12:04:08 AM
I'm in good shape personally with respect to everything with the new company, but I just wanted to pop in and say a big thank you to ARS for the extra work he's doing on this thread in terms of sharing the opportunity, and especially the extra help he just offered to help those of us who are running into issues.  He's also done some (probably a lot, actually) stuff behind the scenes.  He obviously doesn't need to do any of this, and some of what he has done has been detrimental to himself and his family.

Thanks, ARS!!

Hear, hear! As I happily use the extra $125-$300 per month to chip away at medical bills, I'm so grateful to ARS for sharing what he knows, and for everyone who chimes in with tips and advice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoping2retire35 on March 02, 2017, 05:55:54 AM
My BoA was closed on my first attempt to add any AUs. I added 3 AUs per the tradeline company's request and my account was closed less than a week a later. I am communicating with them right now on the topic, but I wanted to give everyone an additional heads up/data point.

craptastic! say it aint so. I wonder why they wanted you to add three? I thought BoA was max of 2. Maybe it would still be safe to only do 1.


edit; nevermind read the other responses...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on March 02, 2017, 09:38:56 AM
Got a confirmation that my info was received on Feb. 3rd. I still haven't received any emails about signing up for the portal.

I sent my info in on 2/17 and haven't received a portal email either, FYI.

FYI - my email came last night, thanks for bringing this to their attention. 

In getting my cards added, I thought I'd note that they are currently only taking Chase cards with 25k and above credit limits. This goes along with their restriction of having to use Chase cards in tandem with another card.  I'd shuffled some credit limits around with Chase to give myself one with 15k on it, but to no avail.  Oh well.

One question I had - the Citi card I registered with them has a family member on there as an AU.  I didn't see anywhere in the portal to note how many AU's are on a card.  Should I just take that family member off to be safe?  Or would that just bring attention to the account...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on March 02, 2017, 10:05:07 AM
Emailed with the company owner.

They stopped B of A adds last week.

They have seen this type of crackdown before, B of A last did it about three years ago.  Capital One has done the same in the past as well. They thought they might be done with B of A and Capital One for good, but then they've come back as useful.

Other tradeline companies are seeing the same thing; as boarder mentioned, the one he uses stopped using B of A a few weeks ago, and a few other companies are seeing the same thing.

It seems cyclical. Right now Citi and B of A are auditing and more dangerous to use.  They'll be good again in a bit, and something else may be annoying.

They're also reaching out to contacts at B of A to try to get more information.

Part of the risks of selling tradelines, unfortunately.  Bummer that it happened so soon for some of you.  =/

Yep i have the same information on BofA from the company i use.  They expect BofA adds to be allowed again in 20-30 days at my company.  really sucks to not be pulling my 875 a month from those cards but its free money and a small blip in the grand scheme.  I've really just missed one month of adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on March 02, 2017, 10:19:34 AM
Just got the email and signed up for the online portal. I added my Discover and will add the Citi card tonight - I don't have the Citi card on me so I don't have the phone number or website off the back of the card. Hoping to see some adds soon. Thanks again ARS!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on March 03, 2017, 11:50:12 AM
Ok, got both of my cards active in the system (Discover and Citi) - each one shows what I assume to be only two spots for AUs. Are they limiting AUs on these cards due to the audit issues?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on March 03, 2017, 12:48:33 PM
I finally got enrolled in the portal and am now getting the Card Add Error.  I'll have to try Internet Explorer when I get home.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MFG_Hotspur on March 03, 2017, 01:13:18 PM
Well, I guess I must be the 1'st to get my card closed with the new company.

My BoA was closed on my first attempt to add any AUs.

Damn.

That's two now.  =/

Crossing my fingers my B of A cards aren't cancelled; I have several AUs on each (including an AU added within the last week or so).

Messaging the company for more info, but for now, it looks like B of A may be a no-go for a bit.

Can either of you confirm if you had other accounts with B of A besides the one card that was closed, and that those other accounts were not closed?

Guess the USAA, Capital One, Discover, Barclay, Citibank, etc. cardholders get more orders put their way now.

I have a checking, savings and a brokerage account with them and they did not do anything to those accounts.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 03, 2017, 05:36:58 PM
Ok, got both of my cards active in the system (Discover and Citi) - each one shows what I assume to be only two spots for AUs. Are they limiting AUs on these cards due to the audit issues?

I have 3 cards - 2 have 4 spots and 1 has 3 spots.  I think their system determines that based on their rules for AUs per issuer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 04, 2017, 01:17:05 AM
I'm in good shape personally with respect to everything with the new company, but I just wanted to pop in and say a big thank you to ARS for the extra work he's doing on this thread in terms of sharing the opportunity, and especially the extra help he just offered to help those of us who are running into issues.  He's also done some (probably a lot, actually) stuff behind the scenes.  He obviously doesn't need to do any of this, and some of what he has done has been detrimental to himself and his family.

Thanks, ARS!!

I'm in good shape personally with respect to everything with the new company, but I just wanted to pop in and say a big thank you to ARS for the extra work he's doing on this thread in terms of sharing the opportunity, and especially the extra help he just offered to help those of us who are running into issues.  He's also done some (probably a lot, actually) stuff behind the scenes.  He obviously doesn't need to do any of this, and some of what he has done has been detrimental to himself and his family.

Thanks, ARS!!

Hear, hear! As I happily use the extra $125-$300 per month to chip away at medical bills, I'm so grateful to ARS for sharing what he knows, and for everyone who chimes in with tips and advice.

Thanks.  :)

A) I like helping. It's just cool to see the posts where people are excited about getting a sale, or getting paid, or whatnot.  :)

B) I feel bad that I recommended a company, and then people are disappointed (not getting an email back or being stuck in limbo, or whatever). Luckily the same thing happened with old company (they got overwhelmed, had to put on an email autoresponder, shut down new accounts for a bit, etc.), and it all worked out okay.

Everyone seemed happy with old company, except for wanting more sales.

Likewise, everyone who has had sales from new company seems pretty happy with it, aside from the recent unfortuate B of A shutdowns.

The hardest part is waiting for sales.

C) It's not 100% altruistic; I am getting referral commissions.

It has hurt my sales, again.

The smartest move financially (what would have made me the most money) would have been for me would be to have kept everyone at old company, while moving just my cards to the new one.  Maximum sales at new company, while getting commissions from old company.

I wouldn't feel right about that though, having recommended one company, and then secretly using a different one, just to make more money.  I'd rather make less money, but feel good about it, and see fellow Mustachians make more money as well. 

But even though doing it that way nets me less overall, the referral commissions do make up for some of the sales loss, and that is still a selfish incentive to help other Mustachians with it. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 04, 2017, 01:17:22 AM
One question I had - the Citi card I registered with them has a family member on there as an AU.  I didn't see anywhere in the portal to note how many AU's are on a card.  Should I just take that family member off to be safe?  Or would that just bring attention to the account...

I'd take them off personally, to be able to add more lines (and only add them if that family member will need the credit bump for something--e.g. applying for a mortgage or whatever), but if you want to keep them, email the tradeline company, and they can reduce the # of AU slots available on the card.

Ok, got both of my cards active in the system (Discover and Citi) - each one shows what I assume to be only two spots for AUs. Are they limiting AUs on these cards due to the audit issues?

Not current audit issues, but each card type has its own limits based on the issuer, and the amounts that are okay to add without throwing up red flags (in general, occasional audits aside).

I have a checking, savings and a brokerage account with them and they did not do anything to those accounts.

That's good. Seems like Chase is still the only one doing this.  Losing my $45k B of A CC would be a bummer, but still worth the sales. Losing my other accounts, not so much. I didn't think I would, but appreciate the confirmation.  :)

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: windupnerd on March 04, 2017, 07:23:35 AM
Hi.  I just e-mailed today with two cards.

Discover - 15 yrs old with 15,800 limit and CapitalOne - 14 yrs. old with 6,000 limit.  Hope my chances of getting sales in the future are reasonably good.

Chase would only increase my limit by 1,000 (from 5,000).

Thanks again to ARS to sharing this information with everyone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on March 05, 2017, 06:18:59 PM
I finally signed up on their new website... I think some previous messages went to spam so check that if you are hoping for a reply.  I only have 1-2 cards that fit the bill, but I won't say no to extra money.

On the other hand, is anyone signing up for new cards specifically for piggybacking?  Lets say I sign up for a citi card, no/little bonus.  It will be a couple years before this will make me any money as a piggyback.  So it's kind of a gamble, but what are you guys doing?  Sorry, I'm 90% sure this has been discussed in the past in one of these threads but I can't easily find it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on March 05, 2017, 07:32:11 PM
I finally got enrolled in the portal and am now getting the Card Add Error.  I'll have to try Internet Explorer when I get home.

Just a quick update/question: I am still unable to add any cards to my account.  I get the infamous "**Card Add Failed!!" error message when I try to do so.  I also get the failure message when trying to add a ticket for the help desk.

I ended up sending an e-mail to the support e-mail address under contacts - still waiting for a reply which is fine since I didn't send it until late Friday.

Did anyone else run into these issues; if so, how did you get it to work?  I've tried multiple browsers (IE, Chrome, Firefox) to no avail.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on March 05, 2017, 07:32:45 PM
I finally signed up on their new website... I think some previous messages went to spam so check that if you are hoping for a reply.  I only have 1-2 cards that fit the bill, but I won't say no to extra money.

On the other hand, is anyone signing up for new cards specifically for piggybacking?  Lets say I sign up for a citi card, no/little bonus.  It will be a couple years before this will make me any money as a piggyback.  So it's kind of a gamble, but what are you guys doing?  Sorry, I'm 90% sure this has been discussed in the past in one of these threads but I can't easily find it.

I've signed up for a few (Capital One, BofA, Barclay, Discover).  Not sure if this scheme will still be around in 2 years but if so I'll jump on it.  In the meantime I'm getting some nice signup bonuses and cash back rewards (Discover 10% on gas!).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 05, 2017, 07:44:28 PM
No, I'm not signing up for new cards just for piggybacking. I do still sign up for cards for a suitably nice signup bonus.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 06, 2017, 08:25:00 AM
I finally signed up on their new website... I think some previous messages went to spam so check that if you are hoping for a reply.  I only have 1-2 cards that fit the bill, but I won't say no to extra money.

On the other hand, is anyone signing up for new cards specifically for piggybacking?  Lets say I sign up for a citi card, no/little bonus.  It will be a couple years before this will make me any money as a piggyback.  So it's kind of a gamble, but what are you guys doing?  Sorry, I'm 90% sure this has been discussed in the past in one of these threads but I can't easily find it.

Yes and no. We were looking for some new cards for travel hacking with some trips coming up in the future. We made sure to sign up for cards that offered great sign up bonuses and could be used for possible piggybacking in the future. If it's still viable, great, if not then no big deal. We still made good use of rewards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on March 06, 2017, 08:35:44 AM
I finally got enrolled in the portal and am now getting the Card Add Error.  I'll have to try Internet Explorer when I get home.

Just a quick update/question: I am still unable to add any cards to my account.  I get the infamous "**Card Add Failed!!" error message when I try to do so.  I also get the failure message when trying to add a ticket for the help desk.

I ended up sending an e-mail to the support e-mail address under contacts - still waiting for a reply which is fine since I didn't send it until late Friday.

Did anyone else run into these issues; if so, how did you get it to work?  I've tried multiple browsers (IE, Chrome, Firefox) to no avail.

Same exact issue here. I told the guy about it last week and he said he would check with the developer and get back to me, but I haven't heard anything since then.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 06, 2017, 12:52:10 PM
I created a help ticket on March 1, to raise a credit limit. It was addressed today, March 6. So they have quite a bit of back log.

And, I signed up when rebs started this thread, months ago. Still haven't got any sales! How long am I supposed to wait?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on March 06, 2017, 02:44:36 PM
I created a help ticket on March 1, to raise a credit limit. It was addressed today, March 6. So they have quite a bit of back log.

And, I signed up when rebs started this thread, months ago. Still haven't got any sales! How long am I supposed to wait?

I got two sales at the end of last month. They were the first two I have had, and signed up at the same time as you. It's VERY dependent on the age and credit limit of the card, so it may be that your cards aren't very desirable. Though, they have so many "vendors" to choose from, it may just be that they sales aren't very evenly spread out.



As a side note, I got a couple cards in the mail for the two AU's I added to my card. Any reason I shouldn't just shred them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 06, 2017, 02:45:53 PM
As a side note, I got a couple cards in the mail for the two AU's I added to my card. Any reason I shouldn't just shred them?

Shred them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 06, 2017, 02:59:28 PM
And, I signed up when rebs started this thread, months ago. Still haven't got any sales! How long am I supposed to wait?

Right there with you bro.  Months of waiting on what should be desirable cards, zero sales, no info on new portal, nothing.   Just silence.  Watching everyone else here supposedly rake in the dough, while I sit in the corner trying to be patient. 

I'm beginning to think they just never registered our cards in the first place.

Consider how this looks from my perspective.   Some stranger on the internet convinced me to hand over all of my credit card info with the promise of easy money while working from home, and then absconded with my info, never to be heard from again.  Internet stranger tells me everything is fine, I should do nothing.  Have I fallen prey to an online scam?  Do I need to file a fraud report?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 06, 2017, 03:01:31 PM
Consider how this looks from my perspective.   Some stranger on the internet convinced me to hand over all of my credit card info with the promise of easy money while working from home, and then absconded with my info, never to be heard from again.  Internet stranger tells me everything is fine, I should do nothing.  Have I fallen prey to an online scam?  Do I need to file a fraud report?

Did you really hand over any actual credit card info (numbers, expiration dates, security code)?  Cause you shouldn't have, nor should that have ever been requested.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 06, 2017, 03:03:16 PM
Quote
Some stranger on the internet convinced me to hand over all of my credit card info

I certainly didn't provide that info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 06, 2017, 03:04:08 PM
I finally got enrolled in the portal and am now getting the Card Add Error.  I'll have to try Internet Explorer when I get home.

Just a quick update/question: I am still unable to add any cards to my account.  I get the infamous "**Card Add Failed!!" error message when I try to do so.  I also get the failure message when trying to add a ticket for the help desk.

I ended up sending an e-mail to the support e-mail address under contacts - still waiting for a reply which is fine since I didn't send it until late Friday.

Did anyone else run into these issues; if so, how did you get it to work?  I've tried multiple browsers (IE, Chrome, Firefox) to no avail.

Same exact issue here. I told the guy about it last week and he said he would check with the developer and get back to me, but I haven't heard anything since then.

They think this is fixed (said it was related to having a username/email of more than 25 characters not being recognized by the card holder table, which is no longer an issue)--can anyone who experienced this try again and let us know?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 06, 2017, 03:09:29 PM
Did you really hand over any actual credit card info (numbers, expiration dates, security code)?  Cause you shouldn't have, nor should that have ever been requested.

You're right, we didn't have to hand over card numbers.  Just banks and dates and credit limits, home address and phone number, plus SSN and a copy of signature.  Oh, and checking account and routing number.  Gee, I feel so much better now.

Please, internet stranger, tell me everything is okay and I should do nothing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 06, 2017, 03:10:18 PM
Everything is okay, and you should do nothing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 06, 2017, 03:13:35 PM
Unless you're joking, I'm not sure what you're driving at.

You think this is all a scam?

If so, do you think that:
A) All of the people saying they have sales, in both the old thread and this one, are liars in a giant conspiracy to trick you?  Con artists all part of the same scam? Fake accounts?

Or

B) The company is real, those people are real and telling the truth, but the company (which must be making tons of money to pay out thousands of Mustachians) is also going to engage in a little identity theft and fraud alongside their normal business?

Or it's sol making a funny observation about how this could appear.  I'm inclined to think this, but just want to be clear.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 06, 2017, 03:19:02 PM
I don't think it's actually a scam, but from the perspective of someone in my situation it certainly does look like one, doesn't it?

I MADE $900 PER HOUR WORKING FROM HOME AND YOU CAN TOO!  Just send us all your bank account info, SSN, and a copy of your signature, and wait for the money to start rolling in!

Keep waiting!

Just a little bit longer!  Any day now!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on March 06, 2017, 03:23:01 PM
Please, internet stranger, tell me everything is okay and I should do nothing.

Actually, given the circumstances, I think the best course of action is to demand that the tradeline company disenroll your cards and shred every bit of paperwork you sent them (plus photo proof!). Just in case. ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 06, 2017, 03:23:42 PM
I don't think it's actually a scam, but from the perspective of someone in my situation it certainly does look like one, doesn't it?

If you just look at just those narrow statements, sure, absolutely.

If you look at the fact that you have to then accept either A or B, posited above, much less so.

If you add in the fact that there have been no reports of anything resembling issues despite the fact that dozens and dozens of Mustachians have signed up (some getting sales, some not yet), it's even less likely (unless, again, they're also all fake accounts, or real ones in on a giant conspiracy).

In other words, if you were the sole person PM'd about this, there were no threads, and you added all your info and then heard nothing for months, that would be worrisome.  Having dozens of people say it's legit makes it much more likely to be so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 06, 2017, 04:33:02 PM
Quote
ust send us all your bank account info, SSN, and a copy of your signature, and wait for the money to start rolling in!

This is why you should use an EIN and a separate checking account. Not that I am worried about this company, but why send your SSN and primary banking info to anyone when there are less sensitive alternatives available?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 06, 2017, 04:59:33 PM
Did you really hand over any actual credit card info (numbers, expiration dates, security code)?  Cause you shouldn't have, nor should that have ever been requested.

You're right, we didn't have to hand over card numbers.  Just banks and dates and credit limits, home address and phone number, plus SSN and a copy of signature.  Oh, and checking account and routing number.  Gee, I feel so much better now.

Er...the information and risks were clearly stated, you had a chance to ask any questions or raise any concerns, and you freely made a choice as an adult.  I don't understand how you justify your complaining.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 06, 2017, 06:17:46 PM
This is why you should use an EIN and a separate checking account. Not that I am worried about this company, but why send your SSN and primary banking info to anyone when there are less sensitive alternatives available?

Thanks for the reminder, TJ!  I already had a dedicated bank account from old TL co.  I just established an EIN.  For anyone wondering, it took less than 5 minutes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 06, 2017, 06:26:38 PM
Er...the information and risks were clearly stated, you had a chance to ask any questions or raise any concerns, and you freely made a choice as an adult.  I don't understand how you justify your complaining.

Not complaining.  Just commenting that it looks a little scammy from the perspective of someone who hasn't heard a peep out of this company for two months, after handing over all of their personal info.

I can "freely make a choice as an adult" to send money to a Nigerian prince on the internet, too.  Whether or not that prince is offering a legitimate business endeavor makes no difference.  Generally speaking, I'm wary of people who ask for my financial information on the internet, and promise me vast personal riches as a result.  This time, I decided to be less wary.  So far, that hasn't paid off for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 06, 2017, 07:00:32 PM
Er...the information and risks were clearly stated, you had a chance to ask any questions or raise any concerns, and you freely made a choice as an adult.  I don't understand how you justify your complaining.

Not complaining.  Just commenting that it looks a little scammy from the perspective of someone who hasn't heard a peep out of this company for two months, after handing over all of their personal info.

I can "freely make a choice as an adult" to send money to a Nigerian prince on the internet, too.  Whether or not that prince is offering a legitimate business endeavor makes no difference.  Generally speaking, I'm wary of people who ask for my financial information on the internet, and promise me vast personal riches as a result.  This time, I decided to be less wary.  So far, that hasn't paid off for me.

Yeah, I can understand that.  I'm sort of curious why some people have sales and get responses and others don't.  Maybe ARS' offer to be a clearinghouse will help with the responses at least, and maybe somewhere in there we can discern a pattern.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on March 06, 2017, 07:26:51 PM
I agree, sol, it does sound fishy. That's why I waited a really long time to sign up, and finally did sign up with the new company around New Year's, with a single $15K card (opened 2002), after emailing ars and the people at both companies with all sorts of questions beyond what was posted here at the time. 

Got 2 sales in mid Jan @ 15K.
At the end of January, I upped the credit line of this card to $20K, and then got one sale in Feb @ 20K.
Awaiting my first payment for the January sales, to complete the first cycle. Got an email saying it's on the way, less than 4 weeks from the Feb closing date.

I don't care how many sales we get. If it all is as smooth as ars has indicated, I intend to enroll another card this summer when it turns 2 years old.


Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on March 06, 2017, 07:40:14 PM
Signed up Jan 1st with 10 + year old cards, high ( 15k to 25k) limits, resigned up early bird with new portal. No sales.
My wife signed up same time and has 1 add 3 weeks ago.

Sigh.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on March 07, 2017, 06:56:07 AM
I finally got enrolled in the portal and am now getting the Card Add Error.  I'll have to try Internet Explorer when I get home.

Just a quick update/question: I am still unable to add any cards to my account.  I get the infamous "**Card Add Failed!!" error message when I try to do so.  I also get the failure message when trying to add a ticket for the help desk.

I ended up sending an e-mail to the support e-mail address under contacts - still waiting for a reply which is fine since I didn't send it until late Friday.

Did anyone else run into these issues; if so, how did you get it to work?  I've tried multiple browsers (IE, Chrome, Firefox) to no avail.

Same exact issue here. I told the guy about it last week and he said he would check with the developer and get back to me, but I haven't heard anything since then.

They think this is fixed (said it was related to having a username/email of more than 25 characters not being recognized by the card holder table, which is no longer an issue)--can anyone who experienced this try again and let us know?

Yup, I got it to work last night.  Coincidentally, I also offered the suggestion that the e-mail/username length might have been an issue since mine seemed really long.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on March 07, 2017, 07:01:30 AM
They think this is fixed (said it was related to having a username/email of more than 25 characters not being recognized by the card holder table, which is no longer an issue)--can anyone who experienced this try again and let us know?

Yep, the owner emailed me back and said it was fixed, and he went ahead and added my card in for me.

He entered the closing date as one day before it actually is, though - is that worth changing? Or will having the system think it closes one day early just give me a safety buffer for last-minute adds?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 07, 2017, 07:04:38 AM
It's legit but I am certainly not raking in the dough, nor did I expect too. I have a feeling signing up with the new company as early as I did coupled with a closing date early in the month (right after I signed up), high credit limit, age of card all led to me getting a couple sales right away. A sale here and there is good enough for me. I had/have no expectations of monthly riches.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 07, 2017, 07:09:04 AM
I've got five cards signed up, although the Chase and BoA are resting now due to the closures. Had two adds to my Citi the first month, one to CapOne the first month, and a second one to the CapOne this month. I received my first payment a few days after a month out from my card's closing date. $400, direct deposit, no issues. My email communications with the owner have been spotty - sometimes he will get right back to me, other times I have to send him a second note. Usually after sending a second email he gets right back to me. I chalk it up to him being super busy. I can say from my experience it has worked nearly seamlessly for me, but I am but one data point in this grand experiment. Overall have been pleased, so thanks again ARS for giving us the inside track!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 07, 2017, 07:47:27 AM
So another data point.....

I put my info in via paper scanned mid January and heard back that I should have sales in Feb.  Nothing.  Sent Joe a PM and the company sent me an email with portal info.  I registered my account yesterday and inputted one credit card to start.  All appeared fine.  This morning, I logged in and no credit cards are there.  I went through an add card and now the card shows up.  I'll see how that goes.  Another card matures to 2 years next month that I don't care if it gets closed (I'm only registering cards that closing will mean nothing to me).  I'll later have a bunch of BoA cards that I really could care less if they close.  Signed up for the bonus a couple years ago and will add them once I get my first payment.  Will update when more action occurs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on March 07, 2017, 09:30:10 AM
I haven't seen any sales either, which is disappointing, but I hope perhaps this month it will happen.  The owner told me they had not been advertising for the last 6 weeks because they were trying to get their portal online.  He also mentioned they had 700 credit cards signed up fairly recently and so he said it would take awhile to get demand to meet supply.  He didn't give me a time frame for how long that would take. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 07, 2017, 11:10:56 AM

In order to ramp up their business to support the Mustachian Horde, they HAD to get the portal online first, so they didn't have to do everything manually.

(Even doing it manually, they're the best equipped to handle it--they saw about 3x sales of Old Company last month--but now they'll be able to crank it up and add even more.)

He entered the closing date as one day before it actually is, though - is that worth changing? Or will having the system think it closes one day early just give me a safety buffer for last-minute adds?

One day early is good.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on March 07, 2017, 11:50:30 AM
love free money. 

have to see how well this continues.  if it can go strong for 4 more years with no sign of stopping i will have shaved 3 years off my projected 7 years needed til FIRE.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FIREandMONEY on March 08, 2017, 07:22:22 AM
I have not signed up yet, but will do soon.

Should I just go ahead and get an EIN?  Are these easy to get?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Wandles on March 09, 2017, 07:29:58 AM
Those of you waiting, I believe they're saying the average time right now from sign up to first tradeline sale will typically be 2-3 weeks (longer if your card is < 20k, 5 yrs+, shorter if it's higher than those), and that's average--so some will be much quicker (as above), some will take longer.

Also closing date plays a factor, as you'll typically see sales right before your closing date, so if your closing date is the 30th, you'll have a few weeks to wait--if it's the 8th, you already missed that window.  Even if your card was enrolled at that time, then hopefully you'll see one next statement.

@Wandles: Can you confirm the above?  What is the age/limit range of your card, if you don't mind sharing? (And I'm assuming the closing date is soon?)

My card closed on the 9th and my sales were on the 8th and 9th so they were last minute sales.  It is an older card (~10 years) and has a $25k limit so I'm not sure if that got me worked through the system faster.  At the same time as the USAA card I signed up a Citi card that is 2 years old, ~$11k limit, same closing date and no word on that one.

Another followup for those curious about what people's experience has been like:

I had 2 adds in Jan, 1 in Feb, and 2 in March.  I just removed and got paid for the Jan AUs.  I personally think an EIN is a little overboard but if it makes you feel safer then go that route.  To me it seems that if you're trusting the company to hire you then you should be able to trust them with that personal information.  I've never been too worried about identity theft though so maybe I'm just not careful enough. Even those who take precautions suffer from it too though: https://youtu.be/WaaANll8h18
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 09, 2017, 12:08:17 PM
I put my info and cards on the portal 2/7.
I got a 'sale' (It's a rental!) 6:15 last night (email)
Logged into portal;  it's on my CITI card  ($150!!)  And this is a card I use regularly - 3% rewards on gas and restaurants. 
The portal not only told me I had to call CITI to do the add, they even gave the phn #! (nice!)  It also said to ask to add the SN for security (had to click on the little info. icon)  There is an icon for an on-line add video (n/a for CITI).
I called and gave the name of the AU - they said "Okay'...  I asked about the address and SN!  He said "Oh, you want a card for them"?"    Oh, yes (hell yes!)
The info. also said to log into my CITI account online later to confirm the add, which I just did.  Took a while to find AUs. It's under Services.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 09, 2017, 12:53:23 PM
I got a 'sale' (It's a rental!)

Haha.  Good point.

Neat that they're starting to use the portal, thanks for the info! 

All adds that I'm aware of to this point had still been manual, as they start to switch over.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on March 09, 2017, 02:58:12 PM
Is there a way to increase credit limit on a card in the portal?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Roots&Wings on March 09, 2017, 03:04:36 PM
I got a 'sale' (It's a rental!)

Haha.  Good point.

Neat that they're starting to use the portal, thanks for the info! 

All adds that I'm aware of to this point had still been manual, as they start to switch over.

Nice you got such a quick sale. I'm in Sol's boat. Have been on there since January, and nothing. Also received no response about the increased credit limit on one of my cards, and no info about the portal either.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 09, 2017, 03:17:46 PM
Is there a way to increase credit limit on a card in the portal?

I created a help ticket on the portal. It took about a week, but they responded.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 09, 2017, 03:18:21 PM
Is there a way to increase credit limit on a card in the portal?

I believe you have to email for that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 09, 2017, 03:24:34 PM
(Reposting this for people who missed it, e.g. step-in-time's latest post (http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1468523/#msg1468523)... I left the original one (http://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1454838/#msg1454838) for posterity's sake, but I will likely delete this duplicate later, especially if I re-post it.  I know it's easy to miss a post in a large thread like this.  If you have a communication gap, and you would like a response, please PM me.)



Okay, working on the communication issues.

They have been overwhelmed with emails, and getting the portal going, but are trying to get on track to make sure everything outstanding is answered.

If you are waiting on something, PM me (do not click the email button, please, but PM).

LINK TO PM ME HERE: http://forum.mrmoneymustache.com/pm/?sa=send;u=25 (http://forum.mrmoneymustache.com/pm/?sa=send;u=25)


Please specify if you are waiting for:
- Initial contact (documents to fill out)
- Confirmation of your filled out documents received
- Portal Information
- Problem with the portal (and what)
- Other (specify)

Please include your email address you used to communicate with them.  This will let me pass along the issue, and your contact information so they can reach out to you.

I will be helping to make sure you didn't fall through the cracks, and ensure you get a response.

(Please note: You will only have portal information if your filled out paperwork has been received.)

My response time may be a slight bit lagged as well (I'm in a very different time zone than most of you), but it should be less than 24 hours response time from me.

Cheers!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 09, 2017, 03:28:26 PM
Is there a way to increase credit limit on a card in the portal?
I created a help ticket on the portal. It took about a week, but they responded.
Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on March 09, 2017, 07:55:45 PM
Is there a way to increase credit limit on a card in the portal?

I created a help ticket on the portal. It took about a week, but they responded.


I did this today. It took maybe 2 hours.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on March 10, 2017, 10:48:13 AM
Well, the post office returned the cards for the authorized users to the bank which were mailed to my address. Citi just emailed me to check and update my address. Wonder how to get around this without making the bank suspicious. Anybody here had a similar issue?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 10, 2017, 10:56:54 AM
Well, the post office returned the cards for the authorized users to the bank which were mailed to my address. Citi just emailed me to check and update my address. Wonder how to get around this without making the bank suspicious. Anybody here had a similar issue?
Just ignore it. Or "update" it to the same address, if you have to do something.

I've been selling TLs for 9 months now, with cards bouncing back to them (including Citi) and it hasn't been an issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoping2retire35 on March 10, 2017, 11:06:16 AM
Well, the post office returned the cards for the authorized users to the bank which were mailed to my address. Citi just emailed me to check and update my address. Wonder how to get around this without making the bank suspicious. Anybody here had a similar issue?
This was one of my worries. I live in a small town and trying to explain this to the postal workers while cars are driving by in about 20 seconds would just make it seem like I am running a scam.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 10, 2017, 11:08:44 AM
Well, the post office returned the cards for the authorized users to the bank which were mailed to my address. Citi just emailed me to check and update my address. Wonder how to get around this without making the bank suspicious. Anybody here had a similar issue?
This was one of my worries. I live in a small town and trying to explain this to the postal workers while cars are driving by in about 20 seconds would just make it seem like I am running a scam.

What do you need to explain? It's mail not addressed to you. Return to sender.

That's their job. :)

Do you think they're going to get together with the CC company and start asking questions or something?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoping2retire35 on March 10, 2017, 11:12:42 AM
Well, the post office returned the cards for the authorized users to the bank which were mailed to my address. Citi just emailed me to check and update my address. Wonder how to get around this without making the bank suspicious. Anybody here had a similar issue?
This was one of my worries. I live in a small town and trying to explain this to the postal workers while cars are driving by in about 20 seconds would just make it seem like I am running a scam.
What do you need to explain? It's mail not addressed to you. Return to sender.

That's their job. :)

Do you think they're going to get together with the CC company and start asking questions or something?

Well, the PO always returns them then the CC company's could become suspicious.

[Mod Edit: Quote tags.]
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 10, 2017, 11:19:54 AM
Well, the PO always returns them then the CC company's could become suspicious.

Again, not in my experience.

They may try to update your address when they get returned mail (though usually not). I highly doubt they're tracking returned mail, cross-referencing it with AUs added, and becoming suspicious. I've seen no evidence of this ever.

It's just not something to worry about.

And usually the post office will deliver it just fine (mine will not, because I use a mail forwarder, being out of the country, but most people should have no problem).

If some.nosy post office employee wanted to know who someone was getting mail at my address, I'd say "a business associate" and leave it at that.  Totally true, and more explanation needed.

Summary: Post office should deliver. If they don't, CC company won't care anyways.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Fireball on March 10, 2017, 11:31:12 AM
Well, the PO always returns them then the CC company's could become suspicious.
Summary: Post office should deliver. If they don't, CC company won't care anyways.

Agree. These are massive companies and they have no desire to pay a team member to sift through returned mail.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on March 10, 2017, 11:34:43 AM
Thanks arebelspy. I don't think my PO/employees are concerned or care. It's straight forward for them, name on mail doesn't match the resident, return to sender. Also, the Citi email is only a advisory to ensure that my address is current. My only concern was will the bank try to resend the cards and then get them returned again and that cycle might raise some questions. Also, another three cards are on the way from Citi and most likely will get returned, too. But if the bank doesn't so anything further, then I guess all is well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 10, 2017, 12:06:26 PM
Nah, I think they'll only retry if you purposefully contact them to say "hey, I never got this, resend it!"  Should be all good.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on March 10, 2017, 09:17:15 PM
I wonder if a factor that plays a part in sales is the due date (or close date). If there were a more preferable date, Id certainly change mine. I had one sale for the last company last year (5 mos after joining) and none so far and I signed up in January. I have one card thats over 20k and 14 years old, so I would think its a good card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 10, 2017, 09:23:00 PM
I wonder if a factor that plays a part in sales is the due date (or close date). If there were a more preferable date, Id certainly change mine. I had one sale for the last company last year (5 mos after joining) and none so far and I signed up in January. I have one card thats over 20k and 14 years old, so I would think its a good card.

Wow that's a great card!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on March 10, 2017, 09:30:05 PM
Got my first add with new company since joining on Jan 3rd - yay! (coincidentally got one with old company on the same day as well, on a different card that I have with them). Overall it's been a productive day :). Thank you ARS, we have been enjoying the extra cash in our early FIRE days.

New company wants me to call Citi to make sure the SSN is added. I suppose this is to ensure the tradeline posts correctly, but what a pain. I'll make the 2-5 mins call, but it was nice to just be able to add online and not have to deal with anyone over the phone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 10, 2017, 09:32:28 PM
I wonder if a factor that plays a part in sales is the due date (or close date). If there were a more preferable date, Id certainly change mine. I had one sale for the last company last year (5 mos after joining) and none so far and I signed up in January. I have one card thats over 20k and 14 years old, so I would think its a good card.

I don't think there's more preferable dates, other than spread out from other cards (but no way to know that)--people buy whenever they need a tradeline.

Your card is quite good, it should max out every month.

To that point, I have some new information pending about upcoming sales.  Give me til the beginning of next week, due to the weekend, but update coming.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 10, 2017, 09:46:49 PM
Got my first add with new company since joining on Jan 3rd - yay! (coincidentally got one with old company on the same day as well, on a different card that I have with them). Overall it's been a productive day :). Thank you ARS, we have been enjoying the extra cash in our early FIRE days.

Awesome!  :)

Quote
New company wants me to call Citi to make sure the SSN is added. I suppose this is to ensure the tradeline posts correctly, but what a pain. I'll make the 2-5 mins call, but it was nice to just be able to add online and not have to deal with anyone over the phone.

Yeah, the phone calls are a pain in the rear. I love the all online ones.  But I can confirm that one Mustachian's Citi add from January didn't post because he didn't call to add the SSN, only did it online. It'd be a bummer to lose out on $200 (or whatever) just because of the annoyance of a 5 minute call.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on March 10, 2017, 10:08:25 PM

I don't think there's more preferable dates, other than spread out from other cards (but no way to know that)--people buy whenever they need a tradeline.

Your card is quite good, it should max out every month.

To that point, I have some new information pending about upcoming sales.  Give me til the beginning of next week, due to the weekend, but update coming.

Ill be interested to hear. I checked and the card is actually from '99, and the close date is the 10th so I wont get any this month either. Thanks for sharing all your info!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on March 11, 2017, 09:19:39 AM
Pardon my ignorance, but does using an EIN complicate the filing of your taxes at all?

Quote
ust send us all your bank account info, SSN, and a copy of your signature, and wait for the money to start rolling in!

This is why you should use an EIN and a separate checking account. Not that I am worried about this company, but why send your SSN and primary banking info to anyone when there are less sensitive alternatives available?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on March 11, 2017, 09:35:53 AM
...Never-mind just did some more research and it does not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on March 11, 2017, 11:18:29 AM
Has anyone else noticed that sales of Barclaycard spots often don't post correctly? I've sold 7 spots on my card over the past 8 months, and of those, 4 posted correctly and 3 didn't. I've followed the same exact online add procedure each time.

Barclays doesn't ask for SSN in the online add form, so I'm thinking maybe I need to call and give them SSN just to add all info that can help with a correct posting.

But wondering if others have noticed this? The other card I sell regularly on (Discover) asks for SSN online and I've never had a Discover sale fall through.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 11, 2017, 12:12:55 PM
Quote
Has anyone else noticed that sales of Barclaycard spots often don't post correctly?

How does one learn this? Do they tell you when it doesn't post correctly?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 11, 2017, 12:14:39 PM
Has anyone else noticed that sales of Barclaycard spots often don't post correctly? I've sold 7 spots on my card over the past 8 months, and of those, 4 posted correctly and 3 didn't. I've followed the same exact online add procedure each time.

Barclays doesn't ask for SSN in the online add form, so I'm thinking maybe I need to call and give them SSN just to add all info that can help with a correct posting.

But wondering if others have noticed this? The other card I sell regularly on (Discover) asks for SSN online and I've never had a Discover sale fall through.

All of mine have posted correctly so far.  What I do is add the AU via the online form, then call in and ask them to add the SSN.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on March 11, 2017, 01:40:15 PM

New company wants me to call Citi to make sure the SSN is added. I suppose this is to ensure the tradeline posts correctly, but what a pain. I'll make the 2-5 mins call, but it was nice to just be able to add online and not have to deal with anyone over the phone.

Do you add online and then call just to give them the SSN?  Or have you been doing everything over the phone?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on March 11, 2017, 01:50:06 PM
I wonder if a factor that plays a part in sales is the due date (or close date). If there were a more preferable date, Id certainly change mine. I had one sale for the last company last year (5 mos after joining) and none so far and I signed up in January. I have one card thats over 20k and 14 years old, so I would think its a good card.

I think the sales are dependent on what gets the buyers of the tradelines the maximum bang for their buck. For example, a card with limit of $14,xxx will get almost the same bang as buying a tradeline which has $15,xxx or $16,xxx limit. But the buyer would have to pay more for the card with limits of $15,xxx and over since the bracket changes from the $14K (assuming the pay structure changes as with us sellers cards limits). So I think it's beneficial for us sellers to have cards with limits like $14,xxx or $19,xxx.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 11, 2017, 02:03:35 PM
I wonder if a factor that plays a part in sales is the due date (or close date). If there were a more preferable date, Id certainly change mine. I had one sale for the last company last year (5 mos after joining) and none so far and I signed up in January. I have one card thats over 20k and 14 years old, so I would think its a good card.

I think the sales are dependent on what gets the buyers of the tradelines the maximum bang for their buck. For example, a card with limit of $14,xxx will get almost the same bang as buying a tradeline which has $15,xxx or $16,xxx limit. But the buyer would have to pay more for the card with limits of $15,xxx and over since the bracket changes from the $14K (assuming the pay structure changes as with us sellers cards limits). So I think it's beneficial for us sellers to have cards with limits like $14,xxx or $19,xxx.

Most of my sales have been on a card with $20,xxx.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: d4future on March 11, 2017, 03:53:50 PM
FYI, Bank of America is closing accounts for Irregular Authorized User Activity.  If you value that account, I suggest you remove from the list.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 11, 2017, 04:02:41 PM
FYI, Bank of America is closing accounts for Irregular Authorized User Activity.  If you value that account, I suggest you remove from the list.

Tradeline company already suspended sales on BoA cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on March 11, 2017, 04:41:48 PM
.......I usually never count my money while sitting at the table, there'll be time enough for counting, when the dealin's done....
.....

Quoting myself ;)
out of my three January adds, only two posted correctly (Barclaycard)
Followed exact same procedure for each.
Barclay even makes you call in to add a SSN...

Still happy with two succesful ones, but bummer on the one that didn't post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 11, 2017, 05:13:33 PM
Barclays doesn't ask for SSN in the online add form, so I'm thinking maybe I need to call and give them SSN just to add all info that can help with a correct posting.

Yes, you should call and add the SSN after adding the AU online.  If they ask why, just say "for security reasons" (i.e. you want it tied to that particular AU).

Like I said to MsFrugalista, the calls are annoying, but it's worth it to increase the chance of getting paid.

It doesn't guarantee it (as FrugalZony said, sometimes they just don't post), but it helps a lot.

I've never had a Barclay not post.   Just counted and have sold 29 lines between my wife and myself (a couple pending payment, so I can't verify they've ALL posted, but all up through Jan).

Also make sure you have a charge on the card (i.e. a balance) when the statement closes.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on March 11, 2017, 06:04:28 PM
Ka-ching!  I got paid $150 for my first (and only so far) AU added on 1-11-17 to my CapOne card (3 yrs old, $15K limit). 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 11, 2017, 06:54:31 PM
Just got three more adds to my Citi - another $600 in the bank!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 11, 2017, 07:51:46 PM
Still waiting on my first sale from the new company. Three cards with them, and I started just before New Year's (all signed paperwork, etc in by the 3rd) - one is a BoA, so I'm down to 2 "active" with them.

I'm developing patience :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on March 11, 2017, 08:45:33 PM

New company wants me to call Citi to make sure the SSN is added. I suppose this is to ensure the tradeline posts correctly, but what a pain. I'll make the 2-5 mins call, but it was nice to just be able to add online and not have to deal with anyone over the phone.

Do you add online and then call just to give them the SSN?  Or have you been doing everything over the phone?

I still haven't added them, but I was planning on calling in and doing everything over the phone. It looks like you can add online initially and call in to add AU's SSN according to some other's here. I'll just do it all over the phone and then check online to ensure the spelling and details of the AU are accurate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 13, 2017, 07:01:01 AM
The new company has yet to ask me to remove a couple AU's I added in early January. Is this typical?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 13, 2017, 08:41:04 AM
I was just asked to remove the two I had in January on Friday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NorthernBlitz on March 13, 2017, 09:49:11 AM
Following
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on March 13, 2017, 10:04:38 AM
The new company has yet to ask me to remove a couple AU's I added in early January. Is this typical?

I'm also interested to learn what is typical- for how the date you get paid might be related to when you remove the AUs.

I added two AUs 3rd week in January, and was paid for them last week. I know that payment is related to whether they posted or not, and when. The company might want to leave them posted for xxx amount of time?  Have not been asked to remove them yet. 

I'm guessing it's probably some function of AU add date, statement closing date, and the date the AU is posted (on credit report?)? 

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 13, 2017, 01:54:42 PM
The AU spots are sold for two months.  Typically thye have you remove the AUs when you receive the next sale. That's been a manual process up until now, like the rest.

This should become automated once fully switched over to the portal.

Old company's portal had the date you were good to remove them, if the new one doesn't, I'll suggest it.. I haven't had a sale through the portal yet, just manuals recently, so I'm not sure--though I have seen a few referral sales go through the portal, so I know they're just starting to use it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 13, 2017, 07:21:57 PM
Quote
Has anyone else noticed that sales of Barclaycard spots often don't post correctly?

How does one learn this? Do they tell you when it doesn't post correctly?

Still curious to know the answer to this.... I had an add the 4th week of Jan, 1st week of Feb and 4th week of Feb. I'm assuming they posted because I haven't heard from them indicating otherwise, yet other people have commented about cards not posting, so it's kind of confusing. I also haven't received any $$$ yet though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 13, 2017, 09:14:14 PM
Quote
Has anyone else noticed that sales of Barclaycard spots often don't post correctly?

How does one learn this? Do they tell you when it doesn't post correctly?

Still curious to know the answer to this.... I had an add the 4th week of Jan, 1st week of Feb and 4th week of Feb. I'm assuming they posted because I haven't heard from them indicating otherwise, yet other people have commented about cards not posting, so it's kind of confusing. I also haven't received any $$$ yet though.

Yes, you'll either get paid if it posted, or get a copy of the credit report showing it didn't post if it didn't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on March 14, 2017, 08:15:59 AM
Yes, you'll either get paid if it posted, or get a copy of the credit report showing it didn't post if it didn't.

Is there any rhyme or reason to why certain cards don't post? Is there anything we can do to increase the chances this would happen? Other than maintain a balance? Do larger balances have a greater chance of posting, etc? Anyone know if USAA cards have issues posting?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LizzyBee on March 14, 2017, 08:56:02 AM
Can you have the same card with more than one tradeline company as long as you are careful not to add too many authorized users?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on March 14, 2017, 09:18:38 AM
Well shit, another month come and gone without any adds. I've got a $33K card that's 3 years old and a $12K card that's 5 years old. Signed up in January.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 14, 2017, 09:39:21 AM
Well shit, another month come and gone without any adds. I've got a $33K card that's 3 years old and a $12K card that's 5 years old. Signed up in January.

Mine are even better than that, and still no sales.  This whole thing is a bust, thus far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: runewell on March 14, 2017, 10:16:35 AM
This whole thing is a bust, thus far.

Same for me, and probably others.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on March 14, 2017, 10:19:03 AM
This whole thing is a bust, thus far.

Same for me, and probably others.

Me too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 14, 2017, 10:21:00 AM
Well shit, another month come and gone without any adds. I've got a $33K card that's 3 years old and a $12K card that's 5 years old. Signed up in January.
Mine are even better than that, and still no sales.  This whole thing is a bust, thus far.
It could be that your 'better' cards are to 'costly' to the buyers(renters). 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 14, 2017, 10:32:54 AM
I got an Email (from the (new) Co.) that my AU add last week wasn’t completed in time
Thru EMails (which were prompt) I found out that;
On the Portal; My Tasks;  shows (in red) “Add Completed”   THIS IS A BUTTON TO PRESS after doing the add!  I thought it was a confirmation...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on March 14, 2017, 12:00:00 PM
I guess I spoke too soon, just got an email for my first add!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 14, 2017, 12:07:53 PM
To that point, I have some new information pending about upcoming sales.  Give me til the beginning of next week, due to the weekend, but update coming.
ARS, did I miss this, or am I just a little impatient?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 14, 2017, 01:46:58 PM
To that point, I have some new information pending about upcoming sales.  Give me til the beginning of next week, due to the weekend, but update coming.
ARS, did I miss this, or am I just a little impatient?

C'mon - the guy is RE, traveling the world with his wife and baby and posting mostly via phone. I forget the time zone.  Patience. :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 14, 2017, 06:44:37 PM
Just got a last minute add to my Citi card - that's four for the month at $200 a pop! Doing my happy dance today!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 14, 2017, 08:53:18 PM
This whole thing is a bust, thus far.

Same for me, and probably others.

Me too.

Same here. Had 3 sales with the "old" company last year. Registered with the new one, no sales. No sales with the old one this year either. My credit cards are good, the oldest one is over 5 years old with a high credit line.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on March 15, 2017, 10:46:50 AM
No sale here either. One of my car says "Resting Card" instead of "Active" what does that mean?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on March 15, 2017, 10:57:58 AM
No sale here either. One of my car says "Resting Card" instead of "Active" what does that mean?

I'm pretty sure that has to do with specific types of cards that currently have issues or are not allowed.

Currently, I have 2 cards that show as "resting":
    - My Bank of America card - if you've read up-thread a little bit it makes sense since BoA accounts are getting shut down
    - My Chase card - I didn't meet their 25K limit for a chase card but added it anyway; I assumed that was why it showed as resting
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 15, 2017, 11:02:09 AM
No sale here either. One of my car says "Resting Card" instead of "Active" what does that mean?

It means they're not even offering it to anyone right now. 

If it's a chase or BofA card, it's been shut down indefinitely.  If it's a card that has previously had sales, it's probably just on pause to avoid bank suspicion from too many AUs.

I shouldn't complain about NOT getting any benefit out of this idea, but it does sting a little to watch other folks rolling in free money.  Rebs is apparently making about $50k/yr just from tradelines in retirement, in addition to his consulting and his wife's novel writing, and their real estate empire (which I think is 14 properties now?)

Based on the information presented in this thread for prices and number of eligible sales, my specific cards should be worth roughly $10k/year in potential tradeline sales.  Instead, three months in and it's still exactly $0.00.  What a colossal waste of time and attention.  Apparently I should just keep my 9 to 5.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on March 15, 2017, 02:22:53 PM
Got an e-mail from the New Company.  Need to add 2 AUs to my Barclay card.

Question:  When I add them online, do I need to enter the AU's address, or can I just choose "same as primary cardholder's address"?  I already added one of them, and entered his address, but made sure that the card will be delivered to my address.  Is that what I was supposed to do?  Or did I need to enter his address at all?

And after I add them online, I have to call Barclay's to give them the SSN's, right?

Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 15, 2017, 03:40:47 PM
Got an e-mail from the New Company.  Need to add 2 AUs to my Barclay card.

Question:  When I add them online, do I need to enter the AU's address, or can I just choose "same as primary cardholder's address"?  I already added one of them, and entered his address, but made sure that the card will be delivered to my address.  Is that what I was supposed to do?  Or did I need to enter his address at all?

And after I add them online, I have to call Barclay's to give them the SSN's, right?

Thanks.

ARS stated that he never added the SSN for Barclays and it's never not posted. YMMV of course.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 15, 2017, 03:51:03 PM
Yes, you'll either get paid if it posted, or get a copy of the credit report showing it didn't post if it didn't.

Is there any rhyme or reason to why certain cards don't post? Is there anything we can do to increase the chances this would happen? Other than maintain a balance? Do larger balances have a greater chance of posting, etc? Anyone know if USAA cards have issues posting?

Sometimes they just don't post.  But usually it's the case of the info necessary (like SSN) not being put in, so the CC company tries to report it, but it doesn't show up or report correctly.  Make sure you add in the SSNs, addresses, any info needed.  And yes, have it close with a balance.

Can you have the same card with more than one tradeline company as long as you are careful not to add too many authorized users?

No.

I got an Email (from the (new) Co.) that my AU add last week wasn’t completed in time
Thru EMails (which were prompt) I found out that;
On the Portal; My Tasks;  shows (in red) “Add Completed”   THIS IS A BUTTON TO PRESS after doing the add!  I thought it was a confirmation...

Good to know!  Thanks for letting us know!

To that point, I have some new information pending about upcoming sales.  Give me til the beginning of next week, due to the weekend, but update coming.
ARS, did I miss this, or am I just a little impatient?

Neither.  I was waiting for some email clarification, and then yesterday I was on an 11 hour flight Auckland to Tokyo, plus time zone.  Coming in my next post.

Just got a last minute add to my Citi card - that's four for the month at $200 a pop! Doing my happy dance today!

Nice!

This is what I was expecting for people.  More info in the next post.

Got an e-mail from the New Company.  Need to add 2 AUs to my Barclay card.

Question:  When I add them online, do I need to enter the AU's address, or can I just choose "same as primary cardholder's address"?  I already added one of them, and entered his address, but made sure that the card will be delivered to my address.  Is that what I was supposed to do?  Or did I need to enter his address at all?

And after I add them online, I have to call Barclay's to give them the SSN's, right?

Thanks.

Add them online, use the AU's address (though the card will be sent to yours, and will say so).

If you want to make extra sure it posts, call and ask to add the SSN.  Not 100% necessary (I don't), but probably worth the effort just to help ensure it (if I ever had one not post, I'd probably regret losing the $200 or so, and then start calling each time... I'm gambling for the moment on saving my time versus the money).

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 15, 2017, 03:51:18 PM
Okay, so... some frustrating news, but it should clarify things.

Those of you that aren't seeing adds?  It's because you weren't in the system.

...yeah.  =/

I just found out, when inquiring why many people are getting multiple adds over and over, three months in a row now, while others with good cards are seeing no sales, that they basically were only using a small subset of cards (I believe the ones that got enrolled first at the end of December, then were collecting the info/required paperwork, so they'd have it for the future when the portal went live, but stopped adding the cards into their sales pipeline).

In essence, to put card into their "old system" (which was really just a bunch of excel spreadsheets with about a million tabs) was a LOT of work.  Thus why they were trying to get the portal online.  So they only added some Mustachians' cards to the old system.

Thus all of you sitting, waiting the last two months never even had a chance to get adds.  =/

This is super disappointing to me, as I don't feel like it was communicated very well at all. I'm sure disappointing for you reading it as well.

I was taken aback when I found out about this (end of last week, and then sent some clarifying emails over the weekend/early this week) enough to even contact some other tradeline companies I've previously passed over, to do some more due diligence. 

Customer service is very important to me, and the combination of some of you not hearing back on questions (and thus me having to follow up on your behalf) and then this, well, I'm pretty upset about it.  At this point, I'm still recommending them, as I think they're the best option, but it is a frustrating event, for sure.

I shouldn't complain about NOT getting any benefit out of this idea, but it does sting a little to watch other folks rolling in free money.

I hear ya.  And I feel extremely bad.

This is what I wrote to the owner:
Quote
Oof.. I understand why you went this route, I just wish you had said something to me.

It would have been much easier to tell everyone up front "Hey, there's too many people to process manually, they're working on setting up the portal, and you won't see adds until then."

Then their expectation would have been set appropriately.

Instead they heard "you'll get adds soon!" from me and emails from you saying "you'll see adds in February" and they got nothing... and now they will hear "Well...actually they only added some people. The rest of you that signed up were told you were put in the system, but they didn't bother to really do that yet, sorry!"

I'm sure you can see how that's quite disappointing (versus being told up front).

The bottom line is: The communication was poorly handled.  The owner thought the portal would be ready MUCH quicker than it was, so he was telling people "You won't see adds until February" because he was thinking the portal would be up mid- to end- of January, and then everyone would start seeing adds in Feb.

Instead the portal was put up mid- to end- of Feb, and just started being used this week for adds.

The bottom line: if your cards are in the online portal, you're in the system now. Those cards are visible to potential AUs, and eligible to be purchased at any time.

If your cards aren't in the portal, get them in!

Best to pretend at this point that you submitted your info in January (which was still necessary to do) and were just waiting for the portal to open and them to switch over sales to (which they have, now this past week).

I can't do anything about the last few months not seeing sales.  Just crossing my fingers you all start getting sales going forward.  Please post if you do, or don't.

Sorry guys. I feel terrible when something I've recommended/endorsed gives a negative experience.  :(

Hopefully you'll all be posting like ducky19's post above, in just a few months.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on March 15, 2017, 03:53:07 PM
Got an e-mail from the New Company.  Need to add 2 AUs to my Barclay card.

Question:  When I add them online, do I need to enter the AU's address, or can I just choose "same as primary cardholder's address"?  I already added one of them, and entered his address, but made sure that the card will be delivered to my address.  Is that what I was supposed to do?  Or did I need to enter his address at all?

And after I add them online, I have to call Barclay's to give them the SSN's, right?

Thanks.

ARS stated that he never added the SSN for Barclays and it's never not posted. YMMV of course.


Thanks, tj.

The company owner just told me that I should not add AUs for Barclay on the Barclay site.  Rather, I should call Barclay to make the adds.  Also, he suggested that I insist on giving Barclay the AU's SSN, even if they tell me it's not necessary.

Still not sure whether I need to give Barclay the AU's address...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 15, 2017, 04:00:41 PM
Got an e-mail from the New Company.  Need to add 2 AUs to my Barclay card.

Question:  When I add them online, do I need to enter the AU's address, or can I just choose "same as primary cardholder's address"?  I already added one of them, and entered his address, but made sure that the card will be delivered to my address.  Is that what I was supposed to do?  Or did I need to enter his address at all?

And after I add them online, I have to call Barclay's to give them the SSN's, right?

Thanks.

It's better to add the AU's address and the SSN (via a phone call).  I had been adding the Barclay's AUs via the online form but will switch to calling in per NinetyFour's post immediately above.

Credit reports are created by the credit agencies collecting vast amounts of information and trying to combine that data into individual credit reports.  Think about it - how does the credit agency know that an item belongs on my report vs. someone else's?  They look at the identifying information and make an educated guess via an algorithm if there is "enough" of a match.  The more of the items that are present and the more exact of a match, the more likely it is to end up on the person's credit report.  They don't spell it out, but the identifying information is clearly first/last/middle name, address, date of birth, and SSN.  (Also, there doesn't have to be an exact match; my father's and my credit reports' early histories were intertwined because we share a first and last name and shared an address before I left for college.  Not a problem as we both have stellar credit.)

So do whatever you want, but if you want to get paid and continue to get sales in the future, I'd recommend adding all of the information that the company gives you and do whatever you can to make sure it is added correctly.  Personally, I always add name, DOB, SSN, and address, and if I'm doing it over the phone I have the CSR read it back to me to make sure it's correct.  I also make sure to carry a small balance whenever I have AUs on my card.  I've had 100% success so far with these techniques - which are simply what the companies ask you to do in the information they send.  You could do less than that and maybe still succeed - ARS does, and that's fine with me.  Personally I figure why do something part way and take a risk of wasting some of my time, making the company look bad, and increase the risk of not getting paid just to save myself five or ten minutes of additional hassle?  But again, everyone can weigh it out for themselves.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 15, 2017, 04:02:20 PM
Got an e-mail from the New Company.  Need to add 2 AUs to my Barclay card.

Question:  When I add them online, do I need to enter the AU's address, or can I just choose "same as primary cardholder's address"?  I already added one of them, and entered his address, but made sure that the card will be delivered to my address.  Is that what I was supposed to do?  Or did I need to enter his address at all?

And after I add them online, I have to call Barclay's to give them the SSN's, right?

Thanks.

ARS stated that he never added the SSN for Barclays and it's never not posted. YMMV of course.


Thanks, tj.

The company owner just told me that I should not add AUs for Barclay on the Barclay site.  Rather, I should call Barclay to make the adds.  Also, he suggested that I insist on giving Barclay the AU's SSN, even if they tell me it's not necessary.

Still not sure whether I need to give Barclay the AU's address...

Why don't you want to give them the AU's address? It's probably more likely to post if you use the address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 15, 2017, 04:03:33 PM
I got an Email (from the (new) Co.) that my AU add last week wasn’t completed in time
Thru EMails (which were prompt) I found out that;
On the Portal; My Tasks;  shows (in red) “Add Completed”   THIS IS A BUTTON TO PRESS after doing the add!  I thought it was a confirmation...

I have not used the portal yet for an actual sale, so maybe I am confusing myself...

Does the above mean to click the button after you performed the add?  ie Similar to the way that old TL company had a button.

Thanks to anyone who can clarify.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 15, 2017, 04:05:28 PM
I got an Email (from the (new) Co.) that my AU add last week wasn’t completed in time
Thru EMails (which were prompt) I found out that;
On the Portal; My Tasks;  shows (in red) “Add Completed”   THIS IS A BUTTON TO PRESS after doing the add!  I thought it was a confirmation...

I have not used the portal yet for an actual sale, so maybe I am confusing myself...

Does the above mean to click the button after you performed the add?  ie Similar to the way that old TL company had a button.

Thanks to anyone who can clarify.

Yes, that is what HipG is saying. Once you've added the AU with info from the portal, you click the "add completed" text, which is a button you must click that confirms to the company that you did that add (similar to how you'd email them confirmation before).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 15, 2017, 04:05:34 PM
Hey guys & gals...

This may give everyone some hope.  I too have had no sales yet.  I just noticed that one of my cards is showing a sale to start in April.  Woohoo! 

Hopefully, everyone will start seeing activity soon!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 15, 2017, 04:38:44 PM
they basically were only using a small subset of cards... stopped adding the cards into their sales pipeline.

We (spouse and I) had already concluded that it was something like this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 15, 2017, 06:23:05 PM
So, my two active cards closed on the 13th. The 3rd is now "resting."

That means I have now missed 3 months of sales because the company couldn't be bothered to add me into their old system.

And I've been checking that email all the time just to be able to respond quickly.

It's incredibly frustrating to me, and I feel disrespected by the tradeline company.  They misled me literally for months.

After sending all my information and completing the back-and-forth emails on January 3rd, about a week later I specifically asked:

"Just checking in to make sure everything was added to your system without issue. Please let me know if you need anything else from me."

(owner) response:

"Yes, everything is good and there's nothing further needed at this time... "

No caveat about waiting for the portal, just to be patient until February because of the many new cards.

It's nice that other Mustachians have been able to get sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoping2retire35 on March 16, 2017, 07:53:15 AM
Quote
Sometimes they just don't post.  But usually it's the case of the info necessary (like SSN) not being put in, so the CC company tries to report it, but it doesn't show up or report correctly.  Make sure you add in the SSNs, addresses, any info needed.  And yes, have it close with a balance.


I was always confused when people said this. So we are supposed to close with an interest bearing balance??  Obviously a few cents in interest is a lot less than $150/2 or whatever but I was not quite sure if we are supposed to charge something to the card let the statement close with a charge on the card or charge the card then just pay it off a few days later within the statement. I thought it was the latter.

edited for clarity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on March 16, 2017, 07:59:54 AM
Quote
Sometimes they just don't post.  But usually it's the case of the info necessary (like SSN) not being put in, so the CC company tries to report it, but it doesn't show up or report correctly.  Make sure you add in the SSNs, addresses, any info needed.  And yes, have it close with a balance.


I was always confused when people said this. So we are supposed to close with an interest bearing balance??  Obviously a few cents in interest is a lot less than $150/2 or whatever but I was not quite sure if we are supposed to charge something to the card let the statement close with a charge on the card or charge the card then just pay it off a few days later within the statement. I thought it was the latter.

edited for clarity.

you let it close with a balance, but pay it before the due date.  No interest charged.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 16, 2017, 08:00:44 AM
Quote
Sometimes they just don't post.  But usually it's the case of the info necessary (like SSN) not being put in, so the CC company tries to report it, but it doesn't show up or report correctly.  Make sure you add in the SSNs, addresses, any info needed.  And yes, have it close with a balance.


I was always confused when people said this. So we are supposed to close with an interest bearing balance??  Obviously a few cents in interest is a lot less than $150/2 or whatever but I was not quite sure if we are supposed to charge something to the card let the statement close with a charge on the card or charge the card then just pay it off a few days later within the statement. I thought it was the latter.

edited for clarity.

The recommended practice is to have a balance on your statement closing date, which will show up on your statement.  As long as you (always) pay that balance in full by the payment due date approximately 25 days later, you will not have to pay any interest.

To give a practical example, I have a Barclay's card which has a statement closing date of the 15th and a due date of the 12th.  I got an AU add on that card on 3/8.  I used the card on 2/18 to add $2.50 to my Amazon account, which will show up as my statement balance on 3/15, which I will pay off by 4/12.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on March 16, 2017, 08:04:18 AM
Quote
Sometimes they just don't post.  But usually it's the case of the info necessary (like SSN) not being put in, so the CC company tries to report it, but it doesn't show up or report correctly.  Make sure you add in the SSNs, addresses, any info needed.  And yes, have it close with a balance.


I was always confused when people said this. So we are supposed to close with an interest bearing balance??  Obviously a few cents in interest is a lot less than $150/2 or whatever but I was not quite sure if we are supposed to charge something to the card let the statement close with a charge on the card or charge the card then just pay it off a few days later within the statement. I thought it was the latter.

edited for clarity.

That's... not how credit cards work.

I charge $5 on my card.
Next week, say on March 25, I get an email saying "Your statement is now available! Your payment is due April 22."
My statement has closed with a $5 balance.
I owe them that $5 by April 22.
If I don't pay it in full by then, on April 23 they will start charging me interest.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 16, 2017, 09:00:43 AM
they basically were only using a small subset of cards... stopped adding the cards into their sales pipeline.

We (spouse and I) had already concluded that it was something like this, because not only did we not get any sales, we didn't get any further communications from them at all, after enrollment.  Just last week we finally contacted them again and had to request access to the online portal, because they hadn't even told us it was live.  I only knew about it from this thread. 

I could forgive a genuine misunderstanding, but they literally lied to us about our cards being added.  Outright lied.

I will attempt to forgive this supreme shittiness if things improve in the future, but my hopes are not terribly high.  This is no way to run a business.

I have a feeling they are so ridiculously flooded with cards it would be surprising if you get any adds. Not trying to be a Debbie Downer, but since they weren't/aren't able to handle the flood of cards, I doubt they will handle a flood of business. I think I got while the gettin' was good. Now I am not expecting much if any going forward. Seems pointless to sign my SO up. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on March 16, 2017, 09:11:44 AM
Just got an email from Capital One that my AU's card shipped out to me today.

To confirm - we do not need to activate AU cards correct?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 16, 2017, 09:23:06 AM
Just got an email from Capital One that my AU's card shipped out to me today.

To confirm - we do not need to activate AU cards correct?

Nope, feel free to shred them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 16, 2017, 09:36:55 AM
Just got an email from Capital One that my AU's card shipped out to me today.

To confirm - we do not need to activate AU cards correct?

Nope, feel free to shred them.

On my most recent add, the new company explicitly requested that I activate the card:  "Once it is received, activate it, and hold onto it until we tell you to destroy it."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoping2retire35 on March 16, 2017, 09:55:57 AM
Quote
Sometimes they just don't post.  But usually it's the case of the info necessary (like SSN) not being put in, so the CC company tries to report it, but it doesn't show up or report correctly.  Make sure you add in the SSNs, addresses, any info needed.  And yes, have it close with a balance.


I was always confused when people said this. So we are supposed to close with an interest bearing balance??  Obviously a few cents in interest is a lot less than $150/2 or whatever but I was not quite sure if we are supposed to charge something to the card let the statement close with a charge on the card or charge the card then just pay it off a few days later within the statement. I thought it was the latter.

edited for clarity.

you let it close with a balance, but pay it before the due date.  No interest charged.

ah! never paid that much attention. usually just paid it off within a week or it was $1000 that took a couple of months to pay down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatOtherGuy on March 16, 2017, 09:58:11 AM
Is this still a thing..?  I mean, I seems right on the line of what's legal & ethical..  none-the-less I'm interested..

 I've tried to message arebelspy for more info, but I can't seem to answer the questions right..

[ Where MMM lives..?? ]
WhoIs says;
560 E TIMPANOGOS PKWY
OREM UTAH 84097
1.8017659400
http://www.whois.com/whois/mrmoneymustache.com

..but apparently that's wrong.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 16, 2017, 10:00:55 AM
You have to read the blog a little bit to find out where MMM lives. Just start reading, you'll come to it before long.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoping2retire35 on March 16, 2017, 10:03:31 AM
you have never posted before, ie; he is not sure if you can be trusted or just spam or whatever.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatOtherGuy on March 16, 2017, 10:20:27 AM
You have to read the blog a little bit to find out where MMM lives. Just start reading, you'll come to it before long.

Ok, so now that I know the answer..   I assume its frowned upon to post it anywhere, right??  that ruins the game.

Will I actually get a response from arebelspy?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: humancog on March 16, 2017, 10:28:28 AM
Ok, so now that I know the answer..   I assume its frowned upon to post it anywhere, right??  that ruins the game.

Will I actually get a response from arebelspy?

You're looking at 17 pages of posts from people who have gotten responses :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on March 16, 2017, 11:05:44 AM
they basically were only using a small subset of cards... stopped adding the cards into their sales pipeline.

We (spouse and I) had already concluded that it was something like this, because not only did we not get any sales, we didn't get any further communications from them at all, after enrollment.  Just last week we finally contacted them again and had to request access to the online portal, because they hadn't even told us it was live.  I only knew about it from this thread. 

I could forgive a genuine misunderstanding, but they literally lied to us about our cards being added.  Outright lied.

I will attempt to forgive this supreme shittiness if things improve in the future, but my hopes are not terribly high.  This is no way to run a business.


I figured out they were not using my card recently, despite it being in the portal.  When I clicked on the card and the info shows, if you look down at the bottom of the card info there is a calendar showing when it's available or unavailable.  Mine was set to unavailable for the last three months (Jan, Feb, March), despite emails and phone conversations with the owner saying otherwise.  :(    April shows it as available, but obviously this company can't be trusted to be tell the truth, so who knows if that calendar even means anything. 

 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatOtherGuy on March 16, 2017, 11:11:27 AM
Ok, so now that I know the answer..   I assume its frowned upon to post it anywhere, right??  that ruins the game.

Will I actually get a response from arebelspy?

You're looking at 17 pages of posts from people who have gotten responses :)

Yes, you're right.. 17 pages.  But, it says "If you want a referral to the tradeline company I recommend, Click Here To Send Me a PM."
..So, do I need to wait for a Direct PM from him before I'll be told what they name of this company is. Or, do I just continue to read.
(its not that I don't like to read, its that at work, its problematic..)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJ on March 16, 2017, 11:46:19 AM
Ok, so now that I know the answer..   I assume its frowned upon to post it anywhere, right??  that ruins the game.

Will I actually get a response from arebelspy? 

You're looking at 17 pages of posts from people who have gotten responses :) 

Yes, you're right.. 17 pages.  But, it says "If you want a referral to the tradeline company I recommend, Click Here To Send Me a PM."
..So, do I need to wait for a Direct PM from him before I'll be told what they name of this company is. Or, do I just continue to read.
(its not that I don't like to read, its that at work, its problematic..)

arebelspy is retired early, and travelling the world with his family.  I think they were transitioning between Australia/New Zealand and heading to Japan this week.  You can be confident that he'll respond, but it may not be instantaneous (though he's definitely on the forums virtually every day!)  So relax, you can continue to read (or work while you're at work, read later when you're home) to find out more about the site, and about this opportunity, and when you hear back from him you can figure out if you're going to pursue it.  It's only been a couple hours since your first post.  There's no rush...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on March 16, 2017, 12:46:45 PM
Just got an email from Capital One that my AU's card shipped out to me today.

To confirm - we do not need to activate AU cards correct?

Nope, feel free to shred them.

On my most recent add, the new company explicitly requested that I activate the card:  "Once it is received, activate it, and hold onto it until we tell you to destroy it."

Here's the owner's response on activating AU's cards -

"We recommend activating the cards and even making a small charge to about 1 in 5 cards (if possible but not crucial by any means) at a gas station or somewhere similar. The motive is to avoid a consistent pattern. If every card is never activated and never charged to, it makes it easier to spot. This is not mandatory but does give you a slightly better chance at avoiding closure."

So it seems like we should randomize... activate some, charge to some, don't activate some, etc

[Mod Edit: Company info redacted.]

edit: sorry about that mod
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 16, 2017, 12:52:44 PM
Ok, so now that I know the answer..   I assume its frowned upon to post it anywhere, right??  that ruins the game.

Will I actually get a response from arebelspy?

You're looking at 17 pages of posts from people who have gotten responses :)

Yes, you're right.. 17 pages.  But, it says "If you want a referral to the tradeline company I recommend, Click Here To Send Me a PM."
..So, do I need to wait for a Direct PM from him before I'll be told what they name of this company is. Or, do I just continue to read.
(its not that I don't like to read, its that at work, its problematic..)

I think you are more likely to get a response if you make contributions to the forum. But who knows, the guy is a nomadic early retiree, i wouldn't expect an immediate response.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 16, 2017, 01:13:45 PM
they basically were only using a small subset of cards... stopped adding the cards into their sales pipeline.

We (spouse and I) had already concluded that it was something like this, because not only did we not get any sales, we didn't get any further communications from them at all, after enrollment.  Just last week we finally contacted them again and had to request access to the online portal, because they hadn't even told us it was live.  I only knew about it from this thread. 

I could forgive a genuine misunderstanding, but they literally lied to us about our cards being added.  Outright lied.

I will attempt to forgive this supreme shittiness if things improve in the future, but my hopes are not terribly high.  This is no way to run a business.


I figured out they were not using my card recently, despite it being in the portal.  When I clicked on the card and the info shows, if you look down at the bottom of the card info there is a calendar showing when it's available or unavailable.  Mine was set to unavailable for the last three months (Jan, Feb, March), despite emails and phone conversations with the owner saying otherwise.  :(    April shows it as available, but obviously this company can't be trusted to be tell the truth, so who knows if that calendar even means anything. 



My understanding of the calendar is that it simply shows weather the card is available for adds for that month. Mine showed available for March until the closing date and then went unavailable. It wouldn't make much sense to give you an add 3 weeks before closing date.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on March 16, 2017, 01:31:25 PM
yeah what beginner said.  you're mis interpretting the calendar. happy inaz
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 16, 2017, 01:43:12 PM
I was always confused when people said this. So we are supposed to close with an interest bearing balance??

you let it close with a balance, but pay it before the due date.  No interest charged.

This.

I have a feeling they are so ridiculously flooded with cards it would be surprising if you get any adds. Not trying to be a Debbie Downer, but since they weren't/aren't able to handle the flood of cards, I doubt they will handle a flood of business. I think I got while the gettin' was good. Now I am not expecting much if any going forward. Seems pointless to sign my SO up.

I'm not sure if this is game theory or what (less people signing up = better for you), but their ability to handle the new cards was more limited by enrolling them in their system than their ability to sell AUs.  Now that they have the portal, that isn't a bottleneck, and it'll go to how many can they sell.  We'll have to wait and see, but it'll be a lot more than what it has been.

To confirm - we do not need to activate AU cards correct?

I do not activate any AU cards, ever.

I've tried to message arebelspy for more info, but I can't seem to answer the questions right..

The Captcha and questions to sign up, and send a PM (until you hit...10 posts I think?) are to stop spam bots signing up a new account and then messaging spam to a bunch of people.

Will I actually get a response from arebelspy?

Yes.  Looks like you PM'd me at 1:17am (my time), I was asleep.  It's now 4:40am, and I'll process my inbox shortly.

My understanding of the calendar is that it simply shows weather the card is available for adds for that month. Mine showed available for March until the closing date and then went unavailable. It wouldn't make much sense to give you an add 3 weeks before closing date.

This is the case. Every card that is in the portal and showing as "active" is available for purchase by AUs.  Once the statement date passes for the month, it's not eligible to be purchased for that month (obviously--you can't go back in time and add the AUs before the close date if the close date is passed), but they can still purchase on that card today for the next closing date.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 16, 2017, 01:44:05 PM
yeah what beginner said.  you're mis interpretting the calendar. happy inaz

I thought you were using a different company? :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on March 16, 2017, 03:18:17 PM
Disappointing news about the lack of adds, but damn, there's some serious entitlement going on in this thread. This is a niche industry, and as far as we know the tradeline company has a handful of employees at most: they're a small shop with underdeveloped processes handling a lot of business. This was an honest mistake and not some grand conspiracy to maliciously lie to their stakeholders, as some people in this thread have implied (or stated outright).

Seriously guys, this is just unbecoming. Let's act like adults, shall we?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on March 16, 2017, 03:21:49 PM
Quote
"We recommend activating the cards and even making a small charge to about 1 in 5 cards (if possible but not crucial by any means) at a gas station or somewhere similar. The motive is to avoid a consistent pattern. If every card is never activated and never charged to, it makes it easier to spot. This is not mandatory but does give you a slightly better chance at avoiding closure."

This is an interesting recommendation—seems like activity on an AU card that can clearly be traced to a different state than the AU's address might raise some red flags. I get the idea here but I think I'd stick with online-only purchases if I were to activate an AU card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 16, 2017, 04:19:38 PM
Disappointing news about the lack of adds, but damn, there's some serious entitlement going on in this thread. This is a niche industry, and as far as we know the tradeline company has a handful of employees at most: they're a small shop with underdeveloped processes handling a lot of business. This was an honest mistake and not some grand conspiracy to maliciously lie to their stakeholders, as some people in this thread have implied (or stated outright).

Seriously guys, this is just unbecoming. Let's act like adults, shall we?
I think the "unbecoming and act like an adult" is on the other side.

I think that telling me that my cards were set up when they were decidedly not set up is worth complaining about. I don't like being misled (lied to if you want the harsher phrasing) and calling out someone's unprofessional behavior is warranted.

If they had told me "hey, we're overwhelmed, we can't add you until the new portal is up" I would have been a bit disappointed, but totally okay with it. Being straight with your business partners and clients even when you can't do what they want is part of being an adult and being professional.

Making excuses for someone's lies is unbecoming.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on March 16, 2017, 04:19:56 PM
Quote
"We recommend activating the cards and even making a small charge to about 1 in 5 cards (if possible but not crucial by any means) at a gas station or somewhere similar. The motive is to avoid a consistent pattern. If every card is never activated and never charged to, it makes it easier to spot. This is not mandatory but does give you a slightly better chance at avoiding closure."

This is an interesting recommendation—seems like activity on an AU card that can clearly be traced to a different state than the AU's address might raise some red flags. I get the idea here but I think I'd stick with online-only purchases if I were to activate an AU card.

Also, if you made a charge to their card, wouldn't they (the AU) receive the bill in the mail??
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 16, 2017, 04:20:18 PM
Ok, so now that I know the answer..   I assume its frowned upon to post it anywhere, right??  that ruins the game.

Will I actually get a response from arebelspy?

You're looking at 17 pages of posts from people who have gotten responses :)

Yes, you're right.. 17 pages.  But, it says "If you want a referral to the tradeline company I recommend, Click Here To Send Me a PM."
..So, do I need to wait for a Direct PM from him before I'll be told what they name of this company is. Or, do I just continue to read.
(its not that I don't like to read, its that at work, its problematic..)

I think you are more likely to get a response if you make contributions to the forum. But who knows, the guy is a nomadic early retiree, i wouldn't expect an immediate response.

Dude's a ghost... a phantom... who knows if he really even exists?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on March 16, 2017, 05:38:49 PM
they basically were only using a small subset of cards... stopped adding the cards into their sales pipeline.

We (spouse and I) had already concluded that it was something like this, because not only did we not get any sales, we didn't get any further communications from them at all, after enrollment.  Just last week we finally contacted them again and had to request access to the online portal, because they hadn't even told us it was live.  I only knew about it from this thread. 

I could forgive a genuine misunderstanding, but they literally lied to us about our cards being added.  Outright lied.

I will attempt to forgive this supreme shittiness if things improve in the future, but my hopes are not terribly high.  This is no way to run a business.


I figured out they were not using my card recently, despite it being in the portal.  When I clicked on the card and the info shows, if you look down at the bottom of the card info there is a calendar showing when it's available or unavailable.  Mine was set to unavailable for the last three months (Jan, Feb, March), despite emails and phone conversations with the owner saying otherwise.  :(    April shows it as available, but obviously this company can't be trusted to be tell the truth, so who knows if that calendar even means anything. 



My understanding of the calendar is that it simply shows weather the card is available for adds for that month. Mine showed available for March until the closing date and then went unavailable. It wouldn't make much sense to give you an add 3 weeks before closing date.

Thanks for the info.  So then if the card has been available, it's a lack of demand causing lack of sales.  The owner had told me Barclay was a high demand card and so I thought my 3.5 year old card with $35,000 limit would have been attractive, but maybe it's too young? 

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 16, 2017, 05:47:49 PM
I have a 20+ year old Discover with zero sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on March 16, 2017, 05:55:56 PM
Disappointing news about the lack of adds, but damn, there's some serious entitlement going on in this thread. This is a niche industry, and as far as we know the tradeline company has a handful of employees at most: they're a small shop with underdeveloped processes handling a lot of business. This was an honest mistake and not some grand conspiracy to maliciously lie to their stakeholders, as some people in this thread have implied (or stated outright).

Seriously guys, this is just unbecoming. Let's act like adults, shall we?
I think the "unbecoming and act like an adult" is on the other side.

I think that telling me that my cards were set up when they were decidedly not set up is worth complaining about. I don't like being misled (lied to if you want the harsher phrasing) and calling out someone's unprofessional behavior is warranted.

If they had told me "hey, we're overwhelmed, we can't add you until the new portal is up" I would have been a bit disappointed, but totally okay with it. Being straight with your business partners and clients even when you can't do what they want is part of being an adult and being professional.

Making excuses for someone's lies is unbecoming.

Complain all you want—I won't hold it against you. Really. This is disappointing, as I said earlier. But let's not delude ourselves about what actually happened here. The tradeline company was overly optimistic about the rollout of their portal, and their communication around the delay and the issues that would cause for some stakeholders was quite poor. But "misled" and "lied to" imply intent, and that's clearly not the case here.

As for "being an adult and being professional", see ARS' email to the owner for a good example of a reasonable response to all this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on March 16, 2017, 06:21:16 PM
Gosh, I'm confused.

Received an e-mail 2 days ago from the New Company saying I have 2 folks to add to my Barclays.  Did so yesterday and today.  They show up on my Barclays account.  Went to the portal and there is no indication of any activity related to my Barclays.  Shouldn't I see the "Add completed" button that someone else mentioned?

However, it looks like there is an add for my Capital One card, even though I never received an e-mail about this add.  Aren't we supposed to receive e-mails about new adds?  What am I supposed to do?  I clicked on the button that said "Add User".  A pop-up appeared with the question "Proceed?".  I clicked "yes".  Does this mean that I should expect an e-mail from the company?

I went to Cap One and tried to make the add.  It asks for the AU's phone number.  Do I just enter my own?

Thanks for any help you can provide.

(I am confused, but I am happy to have the adds.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 16, 2017, 07:28:23 PM
Gosh, I'm confused.

Received an e-mail 2 days ago from the New Company saying I have 2 folks to add to my Barclays.  Did so yesterday and today.  They show up on my Barclays account.  Went to the portal and there is no indication of any activity related to my Barclays.  Shouldn't I see the "Add completed" button that someone else mentioned?

However, it looks like there is an add for my Capital One card, even though I never received an e-mail about this add.  Aren't we supposed to receive e-mails about new adds?  What am I supposed to do?  I clicked on the button that said "Add User".  A pop-up appeared with the question "Proceed?".  I clicked "yes".  Does this mean that I should expect an e-mail from the company?

I went to Cap One and tried to make the add.  It asks for the AU's phone number.  Do I just enter my own?

Thanks for any help you can provide.

(I am confused, but I am happy to have the adds.)

I believe the company is using both manual (i.e., email) and automated (i.e. portal) to process AUs.  The company will use one or the other but probably not both methods for any given sale.

It seems that your Barclays adds are using the manual email method.  If so, you should follow the instructions in the email, which probably says to do the add and then reply all to the email once you've done so.

For the Capital One add, it appears to be an automated portal add.  I've not yet had one of those, so I can't tell you for sure what to do.  If I were in your shoes, I'd probably wait a day or two, expecting to see an email from the company regarding this add and how to complete it.  I would try to use the AU's phone number if the company provides it; otherwise I'd use my own.

I would not have clicked the "Add user" button, because I would guess that is the button you press *after* you receive an email from the company and have added the user.  Since you have pressed it, the company may think you've added the AU already; which it sounds like you haven't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 16, 2017, 07:36:49 PM
Question for anyone who has had sales through the new portal...

I have a sale with an add date of 4/2017.  When should I actually add the AU?  April 1st?

Thanks for any insight.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on March 16, 2017, 08:03:45 PM
Gosh, I'm confused.

Received an e-mail 2 days ago from the New Company saying I have 2 folks to add to my Barclays.  Did so yesterday and today.  They show up on my Barclays account.  Went to the portal and there is no indication of any activity related to my Barclays.  Shouldn't I see the "Add completed" button that someone else mentioned?

However, it looks like there is an add for my Capital One card, even though I never received an e-mail about this add.  Aren't we supposed to receive e-mails about new adds?  What am I supposed to do?  I clicked on the button that said "Add User".  A pop-up appeared with the question "Proceed?".  I clicked "yes".  Does this mean that I should expect an e-mail from the company?

I went to Cap One and tried to make the add.  It asks for the AU's phone number.  Do I just enter my own?

Thanks for any help you can provide.

(I am confused, but I am happy to have the adds.)

I believe the company is using both manual (i.e., email) and automated (i.e. portal) to process AUs.  The company will use one or the other but probably not both methods for any given sale.

It seems that your Barclays adds are using the manual email method.  If so, you should follow the instructions in the email, which probably says to do the add and then reply all to the email once you've done so.

For the Capital One add, it appears to be an automated portal add.  I've not yet had one of those, so I can't tell you for sure what to do.  If I were in your shoes, I'd probably wait a day or two, expecting to see an email from the company regarding this add and how to complete it.  I would try to use the AU's phone number if the company provides it; otherwise I'd use my own.

I would not have clicked the "Add user" button, because I would guess that is the button you press *after* you receive an email from the company and have added the user.  Since you have pressed it, the company may think you've added the AU already; which it sounds like you haven't.

Thanks very much.  Your input was very helpful.

Went back to the portal and saw different info.  I hovered over the "i" button and found good info for how to add the Cap One AU.  I still see no indication on the portal that I added the Barclays folks, but maybe all that will be handled by e-mail, as you suggested.

Thanks again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 16, 2017, 08:58:08 PM
Hm, does this mean the portal doesn't send out a notification email?

Ideally I would want to get a text...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on March 16, 2017, 09:00:25 PM
Gosh, I'm confused.

Received an e-mail 2 days ago from the New Company saying I have 2 folks to add to my Barclays.  Did so yesterday and today.  They show up on my Barclays account.  Went to the portal and there is no indication of any activity related to my Barclays.  Shouldn't I see the "Add completed" button that someone else mentioned?

However, it looks like there is an add for my Capital One card, even though I never received an e-mail about this add.  Aren't we supposed to receive e-mails about new adds?  What am I supposed to do?  I clicked on the button that said "Add User".  A pop-up appeared with the question "Proceed?".  I clicked "yes".  Does this mean that I should expect an e-mail from the company?

I went to Cap One and tried to make the add.  It asks for the AU's phone number.  Do I just enter my own?

Thanks for any help you can provide.

(I am confused, but I am happy to have the adds.)

When I got a request for my first added AU for Capital One via email in January, I was given name, SS, DOB and address in the email.  I did not use the address because this was not a field requested by Capital One. The only thing that stymied me was a request for phone number, but I had contacted the company about this and they said to use my own phone number, which I did.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on March 16, 2017, 09:14:45 PM
I just logged onto the portal to check on my cards.  Under My Tasks, Need to Add User, it says "no card assignments."  When I look at Order History, and check for Month of March, it says "No records found."  Then I was looking at each card under the My Card tab, I click on the + sign for each card to expand the info.  For the Discover card, I found information on an AU to add for 4/17.  Did not receive any email.  So glad I check this forum everyday.  So am I supposed to have to search the portal everyday to see if I have an AU to add?  Would be nice to get some notification of adds or some direction on how this is supposed to work.  Anyone, I am going to peruse the thread to get the tips on adding an AU for Discover before I start to do it.  Glad to have my second added AU!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on March 16, 2017, 09:18:19 PM
I just chatted with the owner of the New Company.  He was concerned that I had not received an e-mail about my Cap One add.  He will work with his tech folks about this ASAP.  I would suggest that you log in to the portal every couple of days to see if you have any tasks.  Hopefully, the e-mail glitch will be sorted soon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on March 16, 2017, 09:27:09 PM
I noticed under My Tasks, it says "DO NOT ADD A USER UNTIL THE RED "ADD ON" DATE.  The  use info under my DISCOVER card does not show a red Add ON date.  It only shows "put on" in white letters and underneath that is "4/17. "  Also it only show first name, last name, SSN and birthdate for the AU.  There is no address and I believe I need to have an address to add the AU.  I will contact the company about this before I do anything.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on March 16, 2017, 10:50:37 PM
I just had a prompt response from the company owner about my questions:

"The reason you see the add for your Discover is because someone purchased a spot on your card yesterday and we put the order in the system but we have not sent the notification to you yet because we were waiting for the clients payment to clear. I can see how that's a little confusing though. As for the 'Put On' date, that's referring to what month the add is for, like April vs May. Once we send you the add notification, it will then show under "My Tasks" and then it will also show you their address."

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 17, 2017, 04:30:31 AM
I believe the company is using both manual (i.e., email) and automated (i.e. portal) to process AUs.  The company will use one or the other but probably not both methods for any given sale.

Yep.  Just temporarily, though soon everything will be through the portal, likely within days.

You will see orders that have been placed, but are pending and should not be added yet under individual cards.  Don't add them until instructed to do so (in the activity tab), in case the order is cancelled, not paid for, etc.

You should get an email when it is time to add them (not when it's initially placed).  Thanks for looking into the email problem, NinetyFour.  Let us know if the owner gets back to you that it's fixed.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on March 17, 2017, 08:33:08 AM
Well shit, my capital one account is now restricted and they're asking that I call them. Added my first AU on Tuesday. Anyone else had a similar circumstance happen?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on March 17, 2017, 08:50:43 AM
Nope, but my fingers are crossed, as I just added an AU to my Cap One card yesterday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 17, 2017, 09:28:51 AM
Question for anyone who has had sales through the new portal...

I have a sale with an add date of 4/2017.  When should I actually add the AU?  April 1st?

Thanks for any insight.
Do not add that AU yet.  Every add has the month date - no idea why.  It's title on the portal is "Put On".
Every AU Add, on the portal, in 'My Tasks' says:  DO NOT ADD A USER UNTIL THE RED "ADD ON" DATE   This is a specific date, not just the month and year.
I don't know any reason why not to do an add sooner, but I'm not I'm not going to disregard their instruction.
Which brings up their instructions and communications... this is clearly their weak spot.  When I saw the "Add Competed" on the portal after my first add, I thought it/they were confirming my add had been done successfully.  It does not look like a button, so I had no clue that I am suppose to click it to tell them that I had done the add.  Even when I got an email from them saying my add wasn't done in time, they didn't say what I had to do to 'complete it'.  Even after a few Emails back and forth, they just said "click the button on the portal".  But did not say where or what 'the button' was!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 17, 2017, 09:32:10 AM
On my most recent add, the new company explicitly requested that I activate the card:  "Once it is received, activate it, and hold onto it until we tell you to destroy it."

Here's the owner's response on activating AU's cards -

"We recommend activating the cards and even making a small charge to about 1 in 5 cards (if possible but not crucial by any means) at a gas station or somewhere similar. The motive is to avoid a consistent pattern. If every card is never activated and never charged to, it makes it easier to spot. This is not mandatory but does give you a slightly better chance at avoiding closure."

So it seems like we should randomize... activate some, charge to some, don't activate some, etc
Thanks for sharing this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 17, 2017, 09:35:29 AM
Received an e-mail 2 days ago from the New Company saying I have 2 folks to add to my Barclays.  Did so yesterday and today.  They show up on my Barclays account.  Went to the portal and there is no indication of any activity related to my Barclays.  Shouldn't I see the "Add completed" button that someone else mentioned?
The  "Add completed" button is under 'My Tasks'  - and it doesn't look like a button.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 17, 2017, 09:38:31 AM
When I got a request for my first added AU for Capital One ...
 a request for phone number, but I had contacted the company about this and they said to use my own phone number, which I did.
thanks for sharing this
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 17, 2017, 09:51:19 AM
Thanks HipGnosis!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on March 17, 2017, 10:52:52 AM
I just received my first sale today. Just in time as I sent the company an email saying I would be out of the country without internet access beginning tomorrow until 4/1. All three of my cards have closing dates around the 25th-27th.

I happened to see the sale on the My Cards page of their portal. I did not receive an email notification about it. That's why I emailed customer support and they told me to make the add today. They also put my cards down as "resting" for the next two weeks so that I won't have any sales that I cannot fulfill.

The sale was on a Capital One card with an $8k balance just under 7 years old. I wasn't expecting any sales on this card at all! In fact, I hadn't used the card in many years (which explains the relatively low credit limit). When I got interested in selling tradelines in December, that's when I got the card reissued to me and began making small purchases with it to get some recent activity and request a credit limit increase. I figured I wouldn't get any sales until the credit limit increase occurred. That's a nice surprise - even if it's only $75 (before taxes).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 17, 2017, 03:34:02 PM
Well shit, my capital one account is now restricted and they're asking that I call them. Added my first AU on Tuesday. Anyone else had a similar circumstance happen?

No big deal; a lot of times the companies want you to verify it was actually you who added the AU.  You just call and answer some standard security questions.  Have the AU's name pulled up on your screen in case they ask.  Usually once you do it once, they don't have you do it again (though it will occasionally happen).

The sale was on a Capital One card with an $8k balance just under 7 years old. I wasn't expecting any sales on this card at all! ... I figured I wouldn't get any sales until the credit limit increase occurred. That's a nice surprise

Cool.

Weird about the emails not working, though at least they're aware of it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on March 17, 2017, 03:40:27 PM
No big deal; a lot of times the companies want you to verify it was actually you who added the AU.  You just call and answer some standard security questions.  Have the AU's name pulled up on your screen in case they ask.  Usually once you do it once, they don't have you do it again (though it will occasionally happen).

Just had the most bizarre 20 minute phone call with one of their fraud specialists. He put me on hold 4 or 5 times to check on different things, went over some of my most recent charges and asked me if I added an AU (he did not ask his name). Finally, he said to get my restriction lifted I have to send in copies of my DL, my SS card and a proof of residence. Apparently this is to demonstrate that I originally opened the account... uhh, it's 5 years old, yeah I opened the account... wtf?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 17, 2017, 03:43:12 PM
(https://a.disquscdn.com/get?url=https%3A%2F%2Fmedia.giphy.com%2Fmedia%2F3oz8xZvvOZRmKay4xy%2Fgiphy.gif&key=6Rs_APCtuE9pEYRZkS-C6w&w=800&h=243)

That is... very strange.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 17, 2017, 09:44:32 PM
IMHO, sometimes CSRs aren't fully accurate in what they say when they are talking to someone where they think something weird is going on.  I know you know who you are and you opened the account and you're piggybacking as a side gig or whatever.  But from their point of view you *could be* a spy or a scammer or whatever, and since they're not sure, sometimes CSRs take it on themselves to tell you something that isn't accurate, probably in a misguided attempt to put you off your *potential* scam somehow.

I think a similar thing happened to me when I added three AUs on my USAA card in three separate phone calls in under 24 hours.  The CSR got suspicious and put me on hold for a while, then transferred me to a "specialist", who asked me some weird questions, and eventually relented and let me finish adding the AU.

In general I usually am honest and straightforward as much as I can be, and vague about the one thing I don't want them to know - that I'm getting paid to do this.  Remember, there is nothing illegal about this activity, and again IMHO nothing immoral about it.  It could be against their rules, and there is some risk there that has been discussed.  But for me, if I ever get a card shut down, I'll be a little disappointed but respectful to the CC company, grateful for the money that I had made so far, and then decide on my next best move going forward given the new landscape.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on March 18, 2017, 01:18:53 PM
I have not received an email from the company since adding my cards to the portal but I just logged in to check and saw that I had an AU listed on one of my Discover slots. I don't have anything listed in sales history or in tasks to complete, so I guess I'll just give it a few days and see if I hear anything from the company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 18, 2017, 03:21:52 PM
I have not received an email from the company since adding my cards to the portal but I just logged in to check and saw that I had an AU listed on one of my Discover slots. I don't have anything listed in sales history or in tasks to complete, so I guess I'll just give it a few days and see if I hear anything from the company.

Again, just because a slot is sold, doesn't mean it's time to add the AU.

If the order is cancelled, you'd rather you didn't add that AU.

Wait until it's in tasks to complete.  You should receive an email at that point, though users have said there's a problem with it right now, and they're working on it.

But the sales listed under individual cards are fun to know what's coming up, but not relevant to any action you need to do now.  Under the old company, this would just show as one less slot available, but you still wouldn't get the info until it was time to add. Under new company's manual process, they may have sold the slot 3 weeks ago, but only email you a few days before, when it's time to add them, in case the order is cancelled, payment doesn't go through, or whatever.

No need to jump the gun because you see a sale for next month, or whatever, on one of your cards (speaking in general, not just to you, you did not you'd wait).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on March 18, 2017, 03:27:04 PM
I just received my first sale today. Just in time as I sent the company an email saying I would be out of the country without internet access beginning tomorrow until 4/1. All three of my cards have closing dates around the 25th-27th.

I happened to see the sale on the My Cards page of their portal. I did not receive an email notification about it. That's why I emailed customer support and they told me to make the add today. They also put my cards down as "resting" for the next two weeks so that I won't have any sales that I cannot fulfill.

I got the email today and completed the process in the portal. Sweet!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 18, 2017, 03:29:04 PM
I just received my first sale today. Just in time as I sent the company an email saying I would be out of the country without internet access beginning tomorrow until 4/1. All three of my cards have closing dates around the 25th-27th.

I happened to see the sale on the My Cards page of their portal. I did not receive an email notification about it. That's why I emailed customer support and they told me to make the add today. They also put my cards down as "resting" for the next two weeks so that I won't have any sales that I cannot fulfill.

I got the email today and completed the process in the portal. Sweet!

Ah, so it wasn't yet in the "My Tasks" tab yet, just "My Cards"?

They may need to remove that info, with so many people wanting to jump the gun or think they haven't gotten the email/been notified, when in reality it's just not time to add the AU yet.

It's all a learning process as we figure out the portal and they figure out the best way to communicate how it works.

Thanks for the update.  Congrats on the sale!  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on March 18, 2017, 04:06:26 PM
I just received my first sale today. Just in time as I sent the company an email saying I would be out of the country without internet access beginning tomorrow until 4/1. All three of my cards have closing dates around the 25th-27th.

I happened to see the sale on the My Cards page of their portal. I did not receive an email notification about it. That's why I emailed customer support and they told me to make the add today. They also put my cards down as "resting" for the next two weeks so that I won't have any sales that I cannot fulfill.

I got the email today and completed the process in the portal. Sweet!

Ah, so it wasn't yet in the "My Tasks" tab yet, just "My Cards"?

They may need to remove that info, with so many people wanting to jump the gun or think they haven't gotten the email/been notified, when in reality it's just not time to add the AU yet.

It's all a learning process as we figure out the portal and they figure out the best way to communicate how it works.

Thanks for the update.  Congrats on the sale!  :)

Exactly. Although in my case, I had told them earlier in the week to not make any sales and this sale had already happened. LuckIly I checked the My Cards page before leaving for two weeks...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 18, 2017, 04:12:36 PM
Quote
Has anyone else noticed that sales of Barclaycard spots often don't post correctly?

How does one learn this? Do they tell you when it doesn't post correctly?

Still curious to know the answer to this.... I had an add the 4th week of Jan, 1st week of Feb and 4th week of Feb. I'm assuming they posted because I haven't heard from them indicating otherwise, yet other people have commented about cards not posting, so it's kind of confusing. I also haven't received any $$$ yet though.

Yes, you'll either get paid if it posted, or get a copy of the credit report showing it didn't post if it didn't.

Is there a timeline for receiving the copy of the credit report if it didn't post? Do they email you to tell you that a payment is coming, or does it just show up in your bank account?

The comparison between old and new company suggested we get paid in 4 weeks with the new company, but I'm getting close to 8 weeks and the status is still unknown to me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 18, 2017, 04:16:09 PM
Is there a timeline for receiving the copy of the credit report if it didn't post? Do they email you to tell you that a payment is coming, or does it just show up in your bank account?

The comparison between old and new company suggested we get paid in 4 weeks with the new company, but I'm getting close to 8 weeks and the status is still unknown to me.

Should be within 4 weeks, or just thereafter, of your statement close.

Everyone's January payments should have been made, and February payments should be any time, plus or minus a week, I'd guess.

If you'd like, you can PM me your email address and the date of the sale, and I can look into it for you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 18, 2017, 07:35:29 PM
Is there a timeline for receiving the copy of the credit report if it didn't post? Do they email you to tell you that a payment is coming, or does it just show up in your bank account?

The comparison between old and new company suggested we get paid in 4 weeks with the new company, but I'm getting close to 8 weeks and the status is still unknown to me.

Should be within 4 weeks, or just thereafter, of your statement close.

Everyone's January payments should have been made, and February payments should be any time, plus or minus a week, I'd guess.

If you'd like, you can PM me your email address and the date of the sale, and I can look into it for you.

This week I asked the owner of the new company about this, and he agreed that we could ping them about payment after "AU add + statement close date + 1 month + 1 week" or roughly 4-5 weeks.  I've pinged him about my first two sales, and in both cases received a direct deposit payment within ~3 days, but in both cases I got the impression that if I hadn't pinged them I'd still be waiting to be paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 18, 2017, 07:45:21 PM
This is another case of things that were being done manually and slid to poorly handled as the got overwhelmed (mostly with getting the portal up, but also with the Mustachians enrolling).

The owner was, basically as a daily task, looking at AUs from 4 weeks before, verifying they posted, and sending payments.

That sort of slid as they got busier.

So he batched them, and sat down and spent a whole day a week or two ago processing all January payments (around 4 weeks after Jan ended, but likely 5-6 weeks after most of the adds).

Definitely not as expected.

I've pinged him about the February ones, to see his status on that.  I believe some Feb ones have been paid, others will be soon.  I'll update when I get more info.

But all January ones have been paid (if you have a January one that was not, and you were not given any info about it not posting, PM me and I can look into it for you), and February ones should be soon, hopefully.

And now that most sales (and soon all) are through the portal, that will become automated as well, and more efficient (they can check it posted, mark that, and it can automatically notify payroll and issue the payment).

So soon a lot of this manual stuff that was efficient enough, and then become very inefficient, will be fully automated and much quicker.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 19, 2017, 11:12:46 AM
This week I asked the owner of the new company about this, and he agreed that we could ping them about payment after "AU add + statement close date + 1 month + 1 week" or roughly 4-5 weeks.  I've pinged him about my first two sales, and in both cases received a direct deposit payment within ~3 days, but in both cases I got the impression that if I hadn't pinged them I'd still be waiting to be paid.
Does that mean you get two payments per AU add since they are added for 2 months?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 19, 2017, 02:51:13 PM
I asked about that as I had two users on my Capital One for two months, the answer is no. Leaving them on there for more than one month is more about keeping your card from getting shut down than anything. Some companies are more inclined to shut your account down much more quickly if they see you adding/removing people that frequently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 19, 2017, 03:23:23 PM
You are paid for a tradeline sale, one AU for two months. They are paying to get two months, and you may have to refund them if removed early.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 19, 2017, 04:21:58 PM
You are paid for a tradeline sale, one AU for two months. They are paying to get two months, and you may have to refund them if removed early.

Correct, and if you read through the stuff they sent (royal) you, that's exactly what they say about the commissions - they're 1 AU for 2 months.

They also market that on their website as a benefit to their customers.  If you're trying to boost your credit to buy a house, you may have to deal with inspections, lenders, closing agents, repairs -  all of which can slow down the process.  If it were me, I wouldn't want to try to fit that into a 30-day window; a 60-day window would be much easier.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 20, 2017, 05:35:55 AM
The two AUs I added way back at the beginning of Jan are still on my account. I have not been told to remove them yet. 2 months seems to be the minimum. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 20, 2017, 03:25:27 PM
The two AUs I added way back at the beginning of Jan are still on my account. I have not been told to remove them yet. 2 months seems to be the minimum.

My suspicion is that they previously didn't have a system in place to remove AUs if new ones aren't being added.

Before, under the manual system, they'd email you "remove AUs X, Y, Z" when you got a new sale.  That was fine, when they were selling lines on cards every month.  Now with more cards, you might not see a sale for months, meaning the AU may sit on the card longer than necessary.

I may be wrong, and they may send out "remove AU" emails without having a new add, but all my "remove" emails have come with a new add, so I suspect if they have no new add for you, you don't get a remove email.

I'm checking in with them to confirm this, and try and get a fix, and make sure the portal either has a date you can remove after (like old company).

EDIT: You will indeed see on the portal information on when to remove the AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 20, 2017, 06:20:03 PM
I know the explanation I received was that premature removal of an AU was viewed as more suspicious activity by the CC companies, so it makes sense that they are not removing them until they have new AUs to replace them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on March 20, 2017, 08:41:05 PM
has it been determined that we will NO LONGER receive email notification we need to add an AU but that we should periodically log into the online dashboard and see if they have assigned us any TASKS?

When I sign in, I see my TASKS tab has a lot of RED letters, but it doesn't appear I have anything to add.

My next card of the cards in my queue has a date of the 21st so maybe this will be the month!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 20, 2017, 09:40:23 PM
I know the explanation I received was that premature removal of an AU was viewed as more suspicious activity by the CC companies, so it makes sense that they are not removing them until they have new AUs to replace them.

Yep, that's one big thing. Removing someone earlier is more suspicious than later.  Leaving them for a few months is better.

They want multiple months of the score bump as well, and pay for that.  So you will see on the portal when to remove them.

has it been determined that we will NO LONGER receive email notification we need to add an AU but that we should periodically log into the online dashboard and see if they have assigned us any TASKS?

No, that is not the case.

You should still get an email, it will just be a notification from the portal that you have an AU to add, and then you'll go log in, rather than a manual email with all the AU info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 21, 2017, 05:20:58 AM
The two AUs I added way back at the beginning of Jan are still on my account. I have not been told to remove them yet. 2 months seems to be the minimum.

My suspicion is that they previously didn't have a system in place to remove AUs if new ones aren't being added.

Before, under the manual system, they'd email you "remove AUs X, Y, Z" when you got a new sale.  That was fine, when they were selling lines on cards every month.  Now with more cards, you might not see a sale for months, meaning the AU may sit on the card longer than necessary.

I may be wrong, and they may send out "remove AU" emails without having a new add, but all my "remove" emails have come with a new add, so I suspect if they have no new add for you, you don't get a remove email.

I'm checking in with them to confirm this, and try and get a fix, and make sure the portal either has a date you can remove after (like old company).

EDIT: You will indeed see on the portal information on when to remove the AUs.

I figured that was the case. Thanks for the validation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 21, 2017, 06:11:43 AM
has it been determined that we will NO LONGER receive email notification we need to add an AU but that we should periodically log into the online dashboard and see if they have assigned us any TASKS?

When I sign in, I see my TASKS tab has a lot of RED letters, but it doesn't appear I have anything to add.

That's a good point. With all the RED and current formatting it seems like the tasks page is SCREAMING FOR ATTENTION.... that there are no tasks...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Leni2010 on March 21, 2017, 12:25:13 PM
I have my info to sign up ready to go, but there are two things holding me back.  I know there's a separate thread for it, but still unsure how to report the income and how it will be taxed.  More relevant to this thread is are any of you concerned that all of these AUs have your home address?  Is there any way to scrub it from their credit report once they're done getting their boost?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 21, 2017, 12:59:30 PM
More relevant to this thread is are any of you concerned that all of these AUs have your home address?  Is there any way to scrub it from their credit report once they're done getting their boost?

I am not.  All of the AUs I had from old TL co were from other states also.  You could get a PO BOX for this if you were truly concerned.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 22, 2017, 03:04:57 AM
I have my info to sign up ready to go, but there are two things holding me back.  I know there's a separate thread for it, but still unsure how to report the income and how it will be taxed.  More relevant to this thread is are any of you concerned that all of these AUs have your home address?  Is there any way to scrub it from their credit report once they're done getting their boost?

I don't personally turn down free money because I'll have to pay some of it in taxes.  Even if you only keep, say, 60% of it, and pay 40%.. why wouldn't you take the 60% of something, rather than 100% of nothing?  In any case, you'll get a W9 from the company, and you'll report it on your taxes.

I think your address falls off their report after a bit, yes.  No, I don't worry about it, but you could get a PO box and write off the expense.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 22, 2017, 11:44:46 AM
Quote
In any case, you'll get a W9 from the company, and you'll report it on your taxes.

You send your W9 to the company. The company sends you a 1099-MISC.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 22, 2017, 12:42:40 PM
So do we have any idea about when chase and BofA cards might be viable again?  Never?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on March 22, 2017, 12:52:20 PM
It's been radio silence on communication from the new company for a few days now. I saw an AU show up under "My Cards" but did not have anything under "My Tasks" and no email notifications, so I was wondering when I should add that new person. Submitted a help ticket and emailed customer service with no luck.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 22, 2017, 12:55:31 PM
So do we have any idea about when chase and BofA cards might be viable again?  Never?

From what I gather Chase has always been very iffy in terms of not getting your cards shut down. I am not sure a lot of folks use their Chase cards. I don't because I enjoy their travel rewards. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 22, 2017, 02:22:55 PM
It's been radio silence on communication from the new company for a few days now. I saw an AU show up under "My Cards" but did not have anything under "My Tasks" and no email notifications, so I was wondering when I should add that new person. Submitted a help ticket and emailed customer service with no luck.

Unless you are near the closing date for the card, just wait. The order could be cancelled or payment not go through.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 22, 2017, 05:13:34 PM
Quote
In any case, you'll get a W9 from the company, and you'll report it on your taxes.

You send your W9 to the company. The company sends you a 1099-MISC.

Hah, yes, that even. Thanks for the correction.  :)

So do we have any idea about when chase and BofA cards might be viable again?  Never?

They're likely to start tentatively testing B of A again soon with just one slot.  Old company is already using B of A again.

It's been radio silence on communication from the new company for a few days now. I saw an AU show up under "My Cards" but did not have anything under "My Tasks" and no email notifications, so I was wondering when I should add that new person. Submitted a help ticket and emailed customer service with no luck.

See earlier discussion.  Until you see something in My Tasks (and you should get an email when this happens), there is nothing for you to do (and no reason for the company to contact you).  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 23, 2017, 05:20:17 PM
Some of you may still get emails the old way, with AU info. These won't be in the portal. You'll know if you get it.

That's because old orders made in the old system made pre-portal launch will need to be finished out that way.  All new orders are through the portal.

Either way, you'll get an email (to check the portal, or with the AU info), just letting you know that if it's the direct email (not just the notification you have a sale in the portal), it won't show up in the portal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 23, 2017, 06:08:21 PM
So do we have any idea about when chase and BofA cards might be viable again?  Never?

The old company doesn't accept new BofA cards. The new company accepts them but marks them as "resting" meaning you can't use them for selling tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 23, 2017, 06:11:10 PM
So do we have any idea about when chase and BofA cards might be viable again?  Never?

The old company doesn't accept new BofA cards. The new company accepts them but marks them as "resting" meaning you can't use them for selling tradelines.

This is the latest:
They're likely to start tentatively testing B of A again soon with just one slot.  Old company is already using B of A again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on March 23, 2017, 11:02:26 PM
3rd month has gone by and still no sales.  Now I wait until the 1st of the month for my next active card to cycle through.

Been fully signed up since 1/2/17

Fingers crossed
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TWoK on March 24, 2017, 06:08:08 AM
I'm a credit card churner with 0 credit card balances, but no less than 20 credit cards opened at a time. I have several with high limits, $20-30k that have been opened more than 10 years, so this seems fairly interesting to me. I guess one big thing I worry about is how do I know these people haven't charged off debt with this creditor before. I know from the bit of reading I've done in this thread that AMEX cards aren't eligible, but that's exactly what gets you FR'ed and shut down for GOOD, adding an authorized user who charged off AMEX debt. Similar with Chase AFAIK.

The post a bit up thread about the strange call with Capital One sounds exactly like what happened. Not to mention the expensive algorithms and link analysis these companies purchase to detect fraud are going to find cards that have been sitting in a "sock drawer" and all of the sudden have small charges with new AU's and flag them in no time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 24, 2017, 06:12:44 AM
I'm a credit card churner with 0 credit card balances, but no less than 20 credit cards opened at a time. I have several with high limits, $20-30k that have been opened more than 10 years, so this seems fairly interesting to me. I guess one big thing I worry about is how do I know these people haven't charged off debt with this creditor before. I know from the bit of reading I've done in this thread that AMEX cards aren't eligible, but that's exactly what gets you FR'ed and shut down for GOOD, adding an authorized user who charged off AMEX debt. Similar with Chase AFAIK.

The post a bit up thread about the strange call with Capital One sounds exactly like what happened.

With how infrequently cards are cancelled (Mustachians combined have made well over six figures in the last six months on this, and we've had 2 cards cancelled, both B of A, both this month, due to a B of A audit that was going on).

The CC companies don't care if the AU has a charged off debt from them. They won't open new credit for them, but they don't care if you add them as an AU, simply because you are then responsible for the debt, since you are responsible for any charges the AU makes.  So even if the CC company views them as a deadbeat that didn't pay their bills, it's not like they can skip out on this payment, since you've agreed to pay it. (And, of course, keep in mind for your peace of mind the AU has no way to actually make a charge).

Quote
Not to mention the expensive algorithms and link analysis these companies purchase to detect fraud are going to find cards that have been sitting in a "sock drawer" and all of the sudden have small charges with new AU's and flag them in no time.

In theory, yes.

They don't seem to bother.

That could change one day, but for now, I'll take the money.

If it makes you worried, definitely don't do it.  There's no reason to be awake at night over money.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Louisville on March 24, 2017, 06:56:23 AM
ARebelSpy,
First of all, thanks for turning us on to this.
Second, dude, are you sick of dealing with this?  Just responding on this thread looks like a full time job.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on March 24, 2017, 10:24:57 AM
Got my first email to process an add today. Guess I will give it a go.

EDIT: And it's done. Clicked complete through the portal so it shows as being added to the card. The portal still shows my other Discover slot as being filled, but I haven't yet received a request to add it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on March 24, 2017, 11:59:38 AM
ARebelSpy,
First of all, thanks for turning us on to this.
Second, dude, are you sick of dealing with this?  Just responding on this thread looks like a full time job.

referrals are worth money too.  plus he's retired.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 24, 2017, 12:50:06 PM
Got my first email to process an add today. Guess I will give it a go.

EDIT: And it's done. Clicked complete through the portal so it shows as being added to the card. The portal still shows my other Discover slot as being filled, but I haven't yet received a request to add it.

When did you finish your paperwork?  Still patiently waiting myself but I know they probably have 1,000,000,000 cards to fill before they get to mine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on March 24, 2017, 02:35:27 PM
I'll add another DP now that I have one: just got my first Add after signing up in late December. I got an email notification that I needed to take action in the portal, as expected. So everything appears to be running smoothly now, at least for me.

Card is a 20-month-old Barclay with a $11k limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 24, 2017, 03:00:10 PM
I'll add another DP now that I have one: just got my first Add after signing up in late December. I got an email notification that I needed to take action in the portal, as expected. So everything appears to be running smoothly now, at least for me.

Card is a 20-month-old Barclay with a $11k limit.

I think sales might be picking up.  I have had a few sales both with the old and new companies on two of my cards.  I just got a sale yesterday on a third card that had never had sales before ($25K USBank ~16 months old).

I still wonder how the company allocates sales across all our cards.  Doesn't really matter much, but I was an engineer before and like to know how things work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TWoK on March 24, 2017, 04:02:29 PM
I'm a credit card churner with 0 credit card balances, but no less than 20 credit cards opened at a time. I have several with high limits, $20-30k that have been opened more than 10 years, so this seems fairly interesting to me. I guess one big thing I worry about is how do I know these people haven't charged off debt with this creditor before. I know from the bit of reading I've done in this thread that AMEX cards aren't eligible, but that's exactly what gets you FR'ed and shut down for GOOD, adding an authorized user who charged off AMEX debt. Similar with Chase AFAIK.

The post a bit up thread about the strange call with Capital One sounds exactly like what happened.

With how infrequently cards are cancelled (Mustachians combined have made well over six figures in the last six months on this, and we've had 2 cards cancelled, both B of A, both this month, due to a B of A audit that was going on).

The CC companies don't care if the AU has a charged off debt from them. They won't open new credit for them, but they don't care if you add them as an AU, simply because you are then responsible for the debt, since you are responsible for any charges the AU makes.  So even if the CC company views them as a deadbeat that didn't pay their bills, it's not like they can skip out on this payment, since you've agreed to pay it. (And, of course, keep in mind for your peace of mind the AU has no way to actually make a charge).
Credit card companies really do care, which is why there's probably been issues with Chase. Again, AMEX has the most aggressive fraud detection and is the strictest, but their algorithms and financial review team/fraud team both find relationships to charge-offs incriminating. They have been known to close accounts just for sharing an address with someone who charged off. That being said, I don't think it isn't worth trying out. I don't care if my nearly 20-year-old USAA card is closed.

Quote
Quote
Not to mention the expensive algorithms and link analysis these companies purchase to detect fraud are going to find cards that have been sitting in a "sock drawer" and all of the sudden have small charges with new AU's and flag them in no time.

In theory, yes.

They don't seem to bother.

That could change one day, but for now, I'll take the money.

If it makes you worried, definitely don't do it.  There's no reason to be awake at night over money.  :)

I sent you a PM. I am interested in doing this for sure. Please refer me!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 24, 2017, 05:14:33 PM
ARebelSpy,
First of all, thanks for turning us on to this.
Second, dude, are you sick of dealing with this?  Just responding on this thread looks like a full time job.

Haha.  No, I enjoy it.

Plus, I probably reply to the thread once to twice a day, plus PMs.  Maybe 5 minutes per day.

And have done so from: Australia, Malaysia, Thailand, Cambodia, Indonesia, The Philippines, New Zealand, and Japan.

If you know of any other "full time jobs" that are enjoyable, help other people make money, take about 5 minutes per day, and can be done anywhere in the world, please let me know.  I'm retired, but definitely willing to take on maybe 2-3 more full time jobs that fit that description.  But no more.  ;)


Got my first email to process an add today. Guess I will give it a go.

EDIT: And it's done. Clicked complete through the portal so it shows as being added to the card. The portal still shows my other Discover slot as being filled, but I haven't yet received a request to add it.

Nice!

The first add (and then the first payment) is such a good feeling.  :)

I'll add another DP now that I have one: just got my first Add after signing up in late December. I got an email notification that I needed to take action in the portal, as expected. So everything appears to be running smoothly now, at least for me.

Card is a 20-month-old Barclay with a $11k limit.

Took me a second to figure out you meant "data point."  That's not usually what those letters mean.  ;)

Got my first email to process an add today. Guess I will give it a go.

EDIT: And it's done. Clicked complete through the portal so it shows as being added to the card. The portal still shows my other Discover slot as being filled, but I haven't yet received a request to add it.

When did you finish your paperwork?  Still patiently waiting myself but I know they probably have 1,000,000,000 cards to fill before they get to mine.

When paperwork was finished is 100% irrelevant now, with the portal up.  :)

As long as your cards are enrolled in the portal, they're available for sale, and it doesn't matter if your paperwork was done and you've been with the company since 2011, or if you finished the paperwork two weeks ago and put your cards in.

All sales now (well, besides a few stragglers already made under the old system and just being completed, but all new sales) are through the portal.  If your cards are in there, you're good, and when the paperwork was done doesn't matter.

I still wonder how the company allocates sales across all our cards.  Doesn't really matter much, but I was an engineer before and like to know how things work.

They put all the cards out (with generic info: issuer, limit, closing date, age) to the AUs, who then pick one.  It's up to the AUs to pick, the company doesn't "allocate" sales.

Credit card companies really do care, which is why there's probably been issues with Chase. Again, AMEX has the most aggressive fraud detection and is the strictest, but their algorithms and financial review team/fraud team both find relationships to charge-offs incriminating. They have been known to close accounts just for sharing an address with someone who charged off. That being said, I don't think it isn't worth trying out. I don't care if my nearly 20-year-old USAA card is closed.

Amex doesn't work because of how it reports (when you add an AU, it reports on their CC with the date they were added as the opening date, not the original opening date, so it looks like a brand new card, even if it's 10 years old).  Has nothing to do with their fraud, and if they changed that tomorrow, Amex would be on the table.

That being said, you're right that some companies care more than others (e.g. Chase).  Some (Barclays, for example) don't seem to care at all.  Again, that could change, so you need to be okay with a card being closed.

I sent you a PM. I am interested in doing this for sure. Please refer me!

I did not get a PM from you, though I did get an email through the forum email portal (not PM--they're different icons under the username, which is why I put a link to the PM page). I haven't processed my inbox yet today, if that was you, I will reply soon. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on March 24, 2017, 05:23:24 PM
I'll add another DP now that I have one: just got my first Add after signing up in late December. I got an email notification that I needed to take action in the portal, as expected. So everything appears to be running smoothly now, at least for me.

Card is a 20-month-old Barclay with a $11k limit.

Took me a second to figure out you meant "data point."  That's not usually what those letters mean.  ;)

Haha! I guess I've been churning too long—DP only means one thing to me now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on March 24, 2017, 06:50:21 PM
Just completed the add on that Barclay. I forgot to give them the home address for the AU, even though it was listed in the portal. I assume it's not an issue as long as the SSN and name are there and entered correctly, but we'll see.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on March 24, 2017, 11:33:21 PM
Got a sale today! Thanks ARS!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 25, 2017, 04:05:47 AM
Just completed the add on that Barclay. I forgot to give them the home address for the AU, even though it was listed in the portal. I assume it's not an issue as long as the SSN and name are there and entered correctly, but we'll see.

I'd call and get it added. Worth the 5 minute call to help ensure making $200 (or whatever). It may work, but it may not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on March 25, 2017, 11:41:48 AM
I signed up with new company a month ago with a 20k limit, 8 year old Cap One card. No bites yet. :(.
Sadly I am in the same boat; Citi card @ $13,200 issued 7/10 and a Discover card @ $29,500 issued 7/14. It's only been a month so although no bites before either closing dates the prior weekend, I am still hopeful and along for the ride!
Got my first add, finally! It was on the Citi card so I added the AU online to ensure all the information was accurate and followed that up with a phone call to provide the SSN. Hopefully this is the first sale of many, thank you ARS!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on March 25, 2017, 03:46:29 PM
Anyone that is using an EIN, have you gotten adds/paid without adding your SSN to the profile section of the online portal? I tried entering my EIN for the SSN field but it wouldn't recognize it as a valid SSN. I have submitted my W-9 with my EIN on it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on March 25, 2017, 03:50:20 PM
Anyone that is using an EIN, have you gotten adds/paid without adding your SSN to the profile section of the online portal? I tried entering my EIN for the SSN field but it wouldn't recognize it as a valid SSN. I have submitted my W-9 with my EIN on it.

I provided an EIN initially and got my first add this month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 25, 2017, 04:05:53 PM
Anyone that is using an EIN, have you gotten adds/paid without adding your SSN to the profile section of the online portal? I tried entering my EIN for the SSN field but it wouldn't recognize it as a valid SSN. I have submitted my W-9 with my EIN on it.

I provided an EIN initially and got my first add this month.


I didn't add that info to the portal. I've been paid, but i haven't had any adds through the portal yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 25, 2017, 05:41:53 PM
Got my first add, finally! It was on the Citi card so I added the AU online to ensure all the information was accurate and followed that up with a phone call to provide the SSN. Hopefully this is the first sale of many, thank you ARS!

Nice.  Glad to hear they're starting to roll in for people who haven't had some yet.  :)

Anyone that is using an EIN, have you gotten adds/paid without adding your SSN to the profile section of the online portal? I tried entering my EIN for the SSN field but it wouldn't recognize it as a valid SSN. I have submitted my W-9 with my EIN on it.

Was that part of the signup for the portal?  I didn't go in and fill out any profile info after signing up, IIRC.  Just added the CCs to that tab.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on March 27, 2017, 06:08:52 AM
I just received 3 cards for my new AUs (2 for my Barlay card and 1 for my Cap One card).  I believe the company owner suggested that I activate them and make charges on them in a "random" manner.  But I saw that Rebel has never activated any of his cards (right, Joe?).  So I'm not sure what to do.  What have others done?

Thanks in advance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 27, 2017, 09:27:01 AM
I have my first sale pending with new TL co.  For old TL co, I never activated or used the AU cards.  I always shredded them (when they were actually delivered - some get returned by USPS, it seems).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 27, 2017, 10:28:17 AM
Excellent! I just received my first add through the portal - I noticed a few days ago that there was a name listed under my Capital One card, but just received the email notification today. Looking forward to a more automated approach!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on March 27, 2017, 11:24:35 AM
I received my first two adds through the portal today, thanks ARS!
I added them online first and then I called in the SSN's on two different phone calls, about 30 min apart from each other.
On the second call they asked me to specify relationship, which is something they never had asked me about before.
Had I had more time, I would have waited, but my statement date is tomorrow.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 27, 2017, 12:53:08 PM
Started working on my first AU and ran into an address issue.  Discover said USPS had a better address.  It included an extra letter and seems likely to be correct.  I messaged the co using the help desk link.  Is that the best way to handle such cases?  I assume that they will respond quick enough for me to make the add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on March 27, 2017, 02:04:20 PM
I received my first two adds through the portal today, thanks ARS!
I added them online first and then I called in the SSN's on two different phone calls, about 30 min apart from each other.
On the second call they asked me to specify relationship, which is something they never had asked me about before.
Had I had more time, I would have waited, but my statement date is tomorrow.
Just received my second sale on the same Citi card with the billing cycle closing on 4/2. Thus far when I have called Citi to provide the SSN, it has been mid-afternoon, classic lunch time, or during the morning on Saturday or Sunday. I've simply stated I'd like to update some information on an authorized user; I'd like to include their SSN. Thanks for your assistance today.

If you don't mind sharing FrugalZony, what was your response to please specify the relationship? I would have said business associate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on March 27, 2017, 02:29:47 PM
Started working on my first AU and ran into an address issue.  Discover said USPS had a better address.  It included an extra letter and seems likely to be correct.  I messaged the co using the help desk link.  Is that the best way to handle such cases?  I assume that they will respond quick enough for me to make the add.

Good question - I would like to know the answer for the future as well. I just added another AU to my Discover and it offered me a "correct" address, but it was the difference between using "#" vs "Apt." to designate an apartment number. It doesn't make much difference as far as I know so I stuck with the info given to me by the company, since I assume that is how the buyer put the information in.

Anyway, I now have both slots filled on my Discover card. Fantastic! Both Discover adds have been instantaneous and without issue. I'm hoping that my Citi Visa sells something sooner or later. It's 8 years old but only has a $10,710 limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 27, 2017, 06:13:19 PM
But I saw that Rebel has never activated any of his cards (right, Joe?).

Correct. You can shred any cards you receive.

I have my first sale pending with new TL co.

I just received my first add through the portal

I received my first two adds through the portal today, thanks ARS!

Just received my second sale on the same Citi card with the billing cycle closing on 4/2.

Anyway, I now have both slots filled on my Discover card. Fantastic! Both Discover adds have been instantaneous and without issue.

Nice!  Sounds like things are picking up. 

It took a bit, but with the portal rolling, hopefully some of those that haven't seen sales yet will soon, within the next cycle or two.

I added them online first and then I called in the SSN's on two different phone calls, about 30 min apart from each other.
On the second call they asked me to specify relationship, which is something they never had asked me about before.
Had I had more time, I would have waited, but my statement date is tomorrow.

This is just a question on their checklist, they don't actually care.  Usually you have to select it online already, either "Spouse" or "Other" (and you choose the latter, obviously).  ZagNation's suggestion of "Business Associate" is good for something to say if they ask on the phone. They'll just select the "other" option then on their screen.

Started working on my first AU and ran into an address issue.  Discover said USPS had a better address.  It included an extra letter and seems likely to be correct.  I messaged the co using the help desk link.  Is that the best way to handle such cases?  I assume that they will respond quick enough for me to make the add.

I use the address given, not the USPS suggested one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on March 27, 2017, 08:15:35 PM
woohoo!  After nearly 3 months I received my first 2 adds today.  I'm going to scan the thread but if someone could answer this for me:

1) when using the online portal to add the AU, there was no field for the SSN yet the email i received said to add the dob AND the SSN (dob field was on the capital one site but not the SSN)

2) I notice 2 adds today.  I've heard people say you shouldn't add two at a time for risk of having the card shut down.  Is that true or is it ok to add the 2 AU's right now?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 27, 2017, 08:22:23 PM
woohoo!  After nearly 3 months I received my first 2 adds today.  I'm going to scan the thread but if someone could answer this for me:

1) when using the online portal to add the AU, there was no field for the SSN yet the email i received said to add the dob AND the SSN (dob field was on the capital one site but not the SSN)

2) I notice 2 adds today.  I've heard people say you shouldn't add two at a time for risk of having the card shut down.  Is that true or is it ok to add the 2 AU's right now?

1) You'll do the add online with DOB and all the other info, then call and ask the rep to add the SSN. Or you can do the whole add on the phone, but most of us find the former (just SSN on the phone) easier.

2) Adding 2 at a time is fine. What you don't want to do is add two AUs to separate cards on one call (e.g. say you have two Citi cards, and got an AU on both. Add one, hang up, call back, add the other... if you are adding to the same card, it's fine).  And anything online is fine.  Also try not to do remove and adds in the same call.  Remove everyone first, then do adds on a separate call.  But again, anything online is fine.  As much as you can do online, do that, and just call for the stuff you can't (like adding SSNs, for certain companies).  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 27, 2017, 08:28:33 PM
woohoo!  After nearly 3 months I received my first 2 adds today.  I'm going to scan the thread but if someone could answer this for me:

1) when using the online portal to add the AU, there was no field for the SSN yet the email i received said to add the dob AND the SSN (dob field was on the capital one site but not the SSN)

2) I notice 2 adds today.  I've heard people say you shouldn't add two at a time for risk of having the card shut down.  Is that true or is it ok to add the 2 AU's right now?

1) You'll do the add online with DOB and all the other info, then call and ask the rep to add the SSN. Or you can do the whole add on the phone, but most of us find the former (just SSN on the phone) easier.

2) Adding 2 at a time is fine. What you don't want to do is add two AUs to separate cards on one call (e.g. say you have two Citi cards, and got an AU on both. Add one, hang up, call back, add the other... if you are adding to the same card, it's fine).  And anything online is fine.  Also try not to do remove and adds in the same call.  Remove everyone first, then do adds on a separate call.  But again, anything online is fine.  As much as you can do online, do that, and just call for the stuff you can't (like adding SSNs, for certain companies).  :)

Yes anything you can do online is better than with a representative, because then you don't have to worry that the representative misunderstood you and added an incorrect name or something.

So on that note, can a Citicard be added online ?  I thought it was a call to the customer support person.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 27, 2017, 08:32:02 PM
So on that note, can a Citicard be added online ?  I thought it was a call to the customer support person.

I do my Citi online, but I can't remember if I have to call after w/ extra info or not (haven't had an add in awhile on that one--card limit sucks, 7k, and they won't bump without me using it a bunch, which I don't want to do since I have better places to put spend).

I know I definitely add online though for it, but it may also have a call after, I can't say for certain without going through the online add screen and seeing what info they ask for.  You want a minimum of Name, DOB, and SSN.  Address is a bonus (but not sufficient to replace those, so if you do Name, DOB, and Address online, like some allow, call to add SSN).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 27, 2017, 08:34:40 PM
haven't had an add in awhile on that one--card limit sucks, 7k, and they won't bump without me using it a bunch, which I don't want to do since I have better places to put spend

So is that the secret to increasing credit lines?  Bumping up spending significantly on a card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on March 27, 2017, 08:40:15 PM
woohoo!  After nearly 3 months I received my first 2 adds today.  I'm going to scan the thread but if someone could answer this for me:

1) when using the online portal to add the AU, there was no field for the SSN yet the email i received said to add the dob AND the SSN (dob field was on the capital one site but not the SSN)

2) I notice 2 adds today.  I've heard people say you shouldn't add two at a time for risk of having the card shut down.  Is that true or is it ok to add the 2 AU's right now?

Thanks.  Do you have a link to the script or typical questions and answer one can expect when making the call?  I recall some posts about that but can't seem to find them in the 19 page thread.
1) You'll do the add online with DOB and all the other info, then call and ask the rep to add the SSN. Or you can do the whole add on the phone, but most of us find the former (just SSN on the phone) easier.

2) Adding 2 at a time is fine. What you don't want to do is add two AUs to separate cards on one call (e.g. say you have two Citi cards, and got an AU on both. Add one, hang up, call back, add the other... if you are adding to the same card, it's fine).  And anything online is fine.  Also try not to do remove and adds in the same call.  Remove everyone first, then do adds on a separate call.  But again, anything online is fine.  As much as you can do online, do that, and just call for the stuff you can't (like adding SSNs, for certain companies).  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on March 27, 2017, 08:45:06 PM
woohoo!  After nearly 3 months I received my first 2 adds today.  I'm going to scan the thread but if someone could answer this for me:

1) when using the online portal to add the AU, there was no field for the SSN yet the email i received said to add the dob AND the SSN (dob field was on the capital one site but not the SSN)

2) I notice 2 adds today.  I've heard people say you shouldn't add two at a time for risk of having the card shut down.  Is that true or is it ok to add the 2 AU's right now?

1) You'll do the add online with DOB and all the other info, then call and ask the rep to add the SSN. Or you can do the whole add on the phone, but most of us find the former (just SSN on the phone) easier.

2) Adding 2 at a time is fine. What you don't want to do is add two AUs to separate cards on one call (e.g. say you have two Citi cards, and got an AU on both. Add one, hang up, call back, add the other... if you are adding to the same card, it's fine).  And anything online is fine.  Also try not to do remove and adds in the same call.  Remove everyone first, then do adds on a separate call.  But again, anything online is fine.  As much as you can do online, do that, and just call for the stuff you can't (like adding SSNs, for certain companies).  :)


Also, I forgot to ask.  The Capital One web interface only allows First Name, Last Name and DOB.  When I call in, should I also add their address over the phone? 

Finally, I believe it's been made clear that no cards are mailed to their address but are sometimes / often (but not always) mailed to my address.  Can you confirm?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 27, 2017, 08:49:07 PM
haven't had an add in awhile on that one--card limit sucks, 7k, and they won't bump without me using it a bunch, which I don't want to do since I have better places to put spend

So is that the secret to increasing credit lines?  Bumping up spending significantly on a card?

I don't know that there's a secret.

Most the companies just increase me every three months when I ask (Discover, Barclay, B of A, Chase, etc.).  When they don't, they send a reason, like "Most recent credit increase too recent" or "Too much available credit" or whatever.  Citi keeps sending me one about not using the card frequently enough to warrant an increase.

Thanks.  Do you have a link to the script or typical questions and answer one can expect when making the call?  I recall some posts about that but can't seem to find them in the 19 page thread.

I don't, I think there was something in the old thread (link to that in the OP, but again, you'd have to dig).  Maybe someone has that bookmarked.

You shouldn't need it, it's really straightforward, just have the AU info in front of you, tell them you want to add an authorized user. They'll ask the name, dob, etc.  Then you say thanks and hang up.  :)


Also, I forgot to ask.  The Capital One web interface only allows First Name, Last Name and DOB.  When I call in, should I also add their address over the phone?

Yeah, I probably would.  SSN may be all you need, but I try to add as much info as possible.

Quote
Finally, I believe it's been made clear that no cards are mailed to their address but are sometimes / often (but not always) mailed to my address.  Can you confirm?

Correct.  I always confirm that the card is coming to MY address, not theirs that I just added.  That's standard policy for all of them, but it makes me feel better to hear them say it.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on March 27, 2017, 09:24:25 PM
What dumb luck.  Apparently a card was shipped to me about 3 weeks ago for new chip and pin changing my credit card number, etc.  I should receive the card within 21 days but I wasn't able to add the AU's until I Have that new card number.

Now the date by which I have to add them by may pass me by before I get the new card and I'll have to wait again. Oddly enough, the Payment Due Date for this card shows as "1" so maybe I have a little time before the opportunity this month slips past. 

What are the odds!!!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on March 27, 2017, 10:35:07 PM
haven't had an add in awhile on that one--card limit sucks, 7k, and they won't bump without me using it a bunch, which I don't want to do since I have better places to put spend

So is that the secret to increasing credit lines?  Bumping up spending significantly on a card?

I added a Discover card that I rarely used to the system a while back that started with a limit of 10000. When I asked Discover for an increase every few months, they only gave me $500 on two separate occasions. Discover started offering 5% cash back on Amazon one quarter, so I made it my default payment card in Amazon for the fourth quarter of last year. Just now I went to ask Discover for another line increase, and this time they boosted it $4700 (!), no credit check, so I can only speculate that this has to do with my increased use of the card. (??)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on March 28, 2017, 07:04:21 AM
Where can we find out how many spots for each different creditor the company recommends selling?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 28, 2017, 07:13:58 AM

Also, I forgot to ask.  The Capital One web interface only allows First Name, Last Name and DOB.  When I call in, should I also add their address over the phone? 

Finally, I believe it's been made clear that no cards are mailed to their address but are sometimes / often (but not always) mailed to my address.  Can you confirm?

That's odd - my Capital One interface is the only one that I can enter SS# on. I don't bother adding an address... My first two adds posted fine, but now wondering if I should call in the address for this latest one...?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 28, 2017, 08:02:33 AM
haven't had an add in awhile on that one--card limit sucks, 7k, and they won't bump without me using it a bunch, which I don't want to do since I have better places to put spend

So is that the secret to increasing credit lines?  Bumping up spending significantly on a card?

I added a Discover card that I rarely used to the system a while back that started with a limit of 10000. When I asked Discover for an increase every few months, they only gave me $500 on two separate occasions. Discover started offering 5% cash back on Amazon one quarter, so I made it my default payment card in Amazon for the fourth quarter of last year. Just now I went to ask Discover for another line increase, and this time they boosted it $4700 (!), no credit check, so I can only speculate that this has to do with my increased use of the card. (??)

Thanks for that datapoint.  Somehow I need to start spending more on the cards I'm using for tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on March 28, 2017, 10:32:53 PM

Also, I forgot to ask.  The Capital One web interface only allows First Name, Last Name and DOB.  When I call in, should I also add their address over the phone? 

Finally, I believe it's been made clear that no cards are mailed to their address but are sometimes / often (but not always) mailed to my address.  Can you confirm?

That's odd - my Capital One interface is the only one that I can enter SS# on. I don't bother adding an address... My first two adds posted fine, but now wondering if I should call in the address for this latest one...?

I was able to procure my new card and activate after having added the AU's last night.  When I called in after activating the new card, I tried to have them add the address i was given, but the CSR told me they were already added and I ddin't need to do that. 

I added the SSN last night.  I then clicked the button on the tradeline website confirming i had added them.  I'll see what happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 29, 2017, 03:05:51 AM
Where can we find out how many spots for each different creditor the company recommends selling?

It shows under the card details in the my card tab.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 29, 2017, 03:17:52 AM
Feb payments should be out this week, for those who haven't gotten paid for any Feb sales yet.

FYI--don't remove AUs just because you are paid, they need to stay on for at least 60 days.  Less activity is better anyways in terms of your card not getting red flagged by the CC companies (i.e. quick removals look more suspicious than longer ones), so leaving them on longer if you have no sales is better (90 days if possible).  If you get a sale, you'll be informed via email, and told to remove the AU, otherwise you'll get an email to remove them after 90 days.  Leave them on until then.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 29, 2017, 05:22:22 AM
Feb payments should be out this week, for those who haven't gotten paid for any Feb sales yet.

FYI--don't remove AUs just because you are paid, they need to stay on for at least 60 days.  Less activity is better anyways in terms of your card not getting red flagged by the CC companies (i.e. quick removals look more suspicious than longer ones), so leaving them on longer if you have no sales is better (90 days if possible).  If you get a sale, you'll be informed via email, and told to remove the AU, otherwise you'll get an email to remove them after 90 days.  Leave them on until then.  :)

Thanks for the update. I was starting to wonder about Feb payments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TWoK on March 29, 2017, 05:34:21 AM
Thanks for the referral arebelspy. I submitted my documents today.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 29, 2017, 07:16:00 AM
Started working on my first AU and ran into an address issue.  Discover said USPS had a better address.  It included an extra letter and seems likely to be correct.  I messaged the co using the help desk link.  Is that the best way to handle such cases?  I assume that they will respond quick enough for me to make the add.

I use the address given, not the USPS suggested one.

Thanks.  I did that.  No response yet on my support ticket but the AU was approved by Discover.  Fingers crossed...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 29, 2017, 07:27:44 AM
Started working on my first AU and ran into an address issue.  Discover said USPS had a better address.  It included an extra letter and seems likely to be correct.  I messaged the co using the help desk link.  Is that the best way to handle such cases?  I assume that they will respond quick enough for me to make the add.

I use the address given, not the USPS suggested one.

Thanks.  I did that.  No response yet on my support ticket but the AU was approved by Discover.  Fingers crossed...

Exact matching is better if you can manage it; you're less likely to run into problems that way.  But the credit bureaus do have inexact matching algorithms that work pretty well.  I had an AU sale where the last name was misspelled (long Russian name with a "b" versus a "v") and everything worked fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on March 29, 2017, 08:22:49 AM
Feb payments should be out this week, for those who haven't gotten paid for any Feb sales yet.

FYI--don't remove AUs just because you are paid, they need to stay on for at least 60 days.  Less activity is better anyways in terms of your card not getting red flagged by the CC companies (i.e. quick removals look more suspicious than longer ones), so leaving them on longer if you have no sales is better (90 days if possible).  If you get a sale, you'll be informed via email, and told to remove the AU, otherwise you'll get an email to remove them after 90 days.  Leave them on until then.  :)

I got two adds recently. 

I had two AUs I added in late January.  I sent an email to confirm I should remove the old AUs that had been on two months and add the new ones but no response.  I proceeded to remove the previous AUs and am adding the new AUs.

Looking forward to some $$$ from the last cycle.

My 16 year old 20k Discover card seems to be doing well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 29, 2017, 09:09:24 AM
Feb payments should be out this week, for those who haven't gotten paid for any Feb sales yet.

FYI--don't remove AUs just because you are paid, they need to stay on for at least 60 days.  Less activity is better anyways in terms of your card not getting red flagged by the CC companies (i.e. quick removals look more suspicious than longer ones), so leaving them on longer if you have no sales is better (90 days if possible).  If you get a sale, you'll be informed via email, and told to remove the AU, otherwise you'll get an email to remove them after 90 days.  Leave them on until then.  :)

I got two adds recently. 

I had two AUs I added in late January.  I sent an email to confirm I should remove the old AUs that had been on two months and add the new ones but no response.  I proceeded to remove the previous AUs and am adding the new AUs.

Looking forward to some $$$ from the last cycle.

My 16 year old 20k Discover card seems to be doing well.

My understanding is you shouldn't remove AUs until told to do so by the company. I still have a couple from early Jan that I haven't removed yet. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on March 29, 2017, 09:30:21 AM
Feb payments should be out this week, for those who haven't gotten paid for any Feb sales yet.

FYI--don't remove AUs just because you are paid, they need to stay on for at least 60 days.  Less activity is better anyways in terms of your card not getting red flagged by the CC companies (i.e. quick removals look more suspicious than longer ones), so leaving them on longer if you have no sales is better (90 days if possible).  If you get a sale, you'll be informed via email, and told to remove the AU, otherwise you'll get an email to remove them after 90 days.  Leave them on until then.  :)

I got two adds recently. 

I had two AUs I added in late January.  I sent an email to confirm I should remove the old AUs that had been on two months and add the new ones but no response.  I proceeded to remove the previous AUs and am adding the new AUs.

Looking forward to some $$$ from the last cycle.

My 16 year old 20k Discover card seems to be doing well.

My understanding is you shouldn't remove AUs until told to do so by the company. I still have a couple from early Jan that I haven't removed yet.

If I didn't have a request for two more adds and it hadn't been 60 days since the initial adds, I would have left them. 

The typical cycle is 2 months correct?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 29, 2017, 11:10:47 AM
Feb payments should be out this week, for those who haven't gotten paid for any Feb sales yet.

FYI--don't remove AUs just because you are paid, they need to stay on for at least 60 days.  Less activity is better anyways in terms of your card not getting red flagged by the CC companies (i.e. quick removals look more suspicious than longer ones), so leaving them on longer if you have no sales is better (90 days if possible).  If you get a sale, you'll be informed via email, and told to remove the AU, otherwise you'll get an email to remove them after 90 days.  Leave them on until then.  :)

I got two adds recently. 

I had two AUs I added in late January.  I sent an email to confirm I should remove the old AUs that had been on two months and add the new ones but no response.  I proceeded to remove the previous AUs and am adding the new AUs.

Looking forward to some $$$ from the last cycle.

My 16 year old 20k Discover card seems to be doing well.

My understanding is you shouldn't remove AUs until told to do so by the company. I still have a couple from early Jan that I haven't removed yet.

If I didn't have a request for two more adds and it hadn't been 60 days since the initial adds, I would have left them. 

The typical cycle is 2 months correct?

I think the minimum is 60 days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on March 29, 2017, 01:00:46 PM
Will they accept cards with under 2 years history? My wife's Discover is approaching two years (June, I think) but has a limit of $17k or so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 29, 2017, 01:04:31 PM
Will they accept cards with under 2 years history? My wife's Discover is approaching two years (June, I think) but has a limit of $17k or so.

They took 2 of mine at 18 months previously.  I would give it a try.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 29, 2017, 04:34:05 PM
I got two adds recently. 

I had two AUs I added in late January.  I sent an email to confirm I should remove the old AUs that had been on two months and add the new ones but no response.  I proceeded to remove the previous AUs and am adding the new AUs.

Looking forward to some $$$ from the last cycle.

My 16 year old 20k Discover card seems to be doing well.

If it was 60 days, you should be fine.

Discover can handle more slots, so I'd have looked at how many you had filled on the portal to see, but not a big deal, IMO.

You should email them to notify them you removed the Jan ones.

Will they accept cards with under 2 years history? My wife's Discover is approaching two years (June, I think) but has a limit of $17k or so.

So the general guideline right now is > 2 years old, >10k limit.

They will take cards with < 2 years history, if it has a large limit, and they will take cards < 10k, if they're very old, which is why the payment schedule lists them--many Mustachians have enrolled cards < 2 years, or <10k (though not both, obviously).

Worth a shot to see if they're interested in the card, otherwise if it's too young, you can just wait a bit, and if the limit is too low, you can ask for a bump (something you should be doing constantly, anyways, to get the payment amount up).

If you have a Discover that's 17k and only two months from two years, I bet they'd take it.  Might as well try to bump it to 21k or so too, if possible, to make it more appealing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 29, 2017, 07:22:57 PM
My Cap One had a limit of $7k but was 13 years old. I've actually seen a lot of action on it. I recently consolidated my other Cap One account with it to bump it up to a $12k limit, so hoping to see some additional action. Just had one more add last week on it. Definitely ask, it never hurts!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 29, 2017, 11:31:40 PM
My Cap One had a limit of $7k but was 13 years old. I've actually seen a lot of action on it. I recently consolidated my other Cap One account with it to bump it up to a $12k limit, so hoping to see some additional action.

And even if you're seeing the same action, you're now getting $150 per add instead of $100 (assuming you put me as the referrer, which I know you did per our PMs, but just adding that caveat, since it's not a blanket thing, but just if one is on the Mustachian referral fee schedule).

50% more profit seems pretty good.  :)

IMO that's one of the biggest things you can do to increase TL monies coming in--keep bumping those credit limits up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on March 29, 2017, 11:32:28 PM
I'm undecided. I have a BofA card with old company $44k limit, 16 years old. Two trade lines are ready to remove and two new lines are in the queue to add.

I was thinking of putting my BofA on hold for a bit since some people reported theirs being closed. But now I'm thinking, well, if' the heat's off, why pass on $450?

What do y'all think?  Any updates on the BofA shutdowns? I want some thoughts/perspective from the hive mind here before I proceed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 29, 2017, 11:35:14 PM
I'm undecided. I have a BofA card with old company $44k limit, 16 years old. Two trade lines are ready to remove and two new lines are in the queue to add.

I was thinking of putting my BofA on hold for a bit since some people reported theirs being closed. But now I'm thinking, well, if' the heat's off, why pass on $450?

What do y'all think?  Any updates on the BofA shutdowns? I want some thoughts/perspective from the hive mind here before I proceed.

New company is opening back up B of A soon (had convo with the owner about it a week ago, and he's planning on it, it's just low on the priority list with a bunch of other stuff taking precedence, like getting Feb payments out).

I'd be comfortable doing 1-2 lines on it.  It seems like all the people shut down had 3 AUs or more, no one with just 2 were shut down. As long as you remove the two first (via phone call), then add the other two separately (online or via call) so they don't overlap at all, I think you're good.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: y3ll0wsubmarine on March 30, 2017, 07:36:51 AM
Does anyone have any experience dealing with Capital One requesting identification documents for previous AUs? I was using a company last year that I've since stopped using, and Capital One just called me requesting documents for all AUs I've ever added.

I'm concerned that the old company won't provide these. Not sure where to go from here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 30, 2017, 08:32:57 AM
Yikes, have not had that experience yet! I would just be honest and let them know that you no longer have contact with those individuals and therefore can't comply with their request.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 30, 2017, 08:34:02 AM
My Cap One had a limit of $7k but was 13 years old. I've actually seen a lot of action on it. I recently consolidated my other Cap One account with it to bump it up to a $12k limit, so hoping to see some additional action.

And even if you're seeing the same action, you're now getting $150 per add instead of $100 (assuming you put me as the referrer, which I know you did per our PMs, but just adding that caveat, since it's not a blanket thing, but just if one is on the Mustachian referral fee schedule).

50% more profit seems pretty good.  :)

IMO that's one of the biggest things you can do to increase TL monies coming in--keep bumping those credit limits up.

I honestly forgot all about that! That's definitely a great return on the 2 minutes it took me to combine those two lines of credit! Thanks ARS!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on March 30, 2017, 10:15:22 AM
No orders yet for me :(

I have a discover opened on 2009 with 11k limit and Barclays opened in 2014 with 17k limit
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on March 30, 2017, 11:24:15 AM
Does anyone have any experience dealing with Capital One requesting identification documents for previous AUs? I was using a company last year that I've since stopped using, and Capital One just called me requesting documents for all AUs I've ever added.

I'm concerned that the old company won't provide these. Not sure where to go from here.

Yikes! That sounds intense. What about saying something like, "I am no longer in communication with those people, I can't provide documentation"?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 30, 2017, 01:05:22 PM
No orders yet for me :(

I have a discover opened on 2009 with 11k limit and Barclays opened in 2014 with 17k limit

Sorry you're experiencing that. They both sound like good cards.

My Elan card with $11,500 limit that is 3 years old isn't getting any either.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 30, 2017, 01:49:22 PM
No orders yet for me :(

I have a discover opened on 2009 with 11k limit and Barclays opened in 2014 with 17k limit

Sorry you're experiencing that. They both sound like good cards.

My Elan card with $11,500 limit that is 3 years old isn't getting any either.
I've always heard/thought that credit repair Cos were scams.  I assume that most people do too.
Now I'm selling tradelines (actually it's renting CC AU slots) so now I know they're not (all) scams and that it does work.
It makes me wonder if we'd all get more 'adds' (and more money) if we spread the word that this exists, is legit and actually works.   It wouldn't happen over night, but could eventually change public knowledge.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jarredtipton on March 30, 2017, 04:00:52 PM
So I added my first card to the portal about 1.5 weeks ago. I'm not expecting an add this soon, but is my card still says (PENDING ACTIVATION) next to it. Is this normal?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 30, 2017, 04:07:47 PM
Does anyone have any experience dealing with Capital One requesting identification documents for previous AUs? I was using a company last year that I've since stopped using, and Capital One just called me requesting documents for all AUs I've ever added.

I'm concerned that the old company won't provide these. Not sure where to go from here.

I have not had that happen, nor heard of it.

There is some good news, if the old company was the one I was recommending.

One advantage of doing things the way old and new company do (versus other companies that don't vet as thoroughly), is they have a third party secure company that keeps documents in case of a federal audit or other issues.  They no longer have normal access, but there is a way to access them if necessary. Basically after a few months the documents go into a locked down deep storage with another company that handles this type of work. This is to help show compliance with certain banking laws and to be able to show vetting on AUs if an investigation into one (who did fraud or something) comes up later--they have proof of what was done.  Other companies don't do this, and put you more at risk due to that.  It's one of the things I have some knowledge on from talking with the owners quite a bit, and probably can't share much more, but it is a big benefit.

Have you contacted the old company about it?

I'd also follow the route that ducky and kudy mentioned--letting Cap1 know that these are former business associates, and while you'd be happy to provide any documentation for current AUs, you won't be able to for former ones.  I think that's a totally reasonable response.

Let us know how it goes!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 30, 2017, 04:08:46 PM
So I added my first card to the portal about 1.5 weeks ago. I'm not expecting an add this soon, but is my card still says (PENDING ACTIVATION) next to it. Is this normal?

Someone at the TL company will need to verify that all your signed documents are in, and that the card you added matches the info on those docs, and then will activate the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 30, 2017, 09:38:34 PM
Requesting help from the hive mind also:  :-)

I got three emails from new company today:  Two automated AU sales emails from the portal and a followup email from the company pointing out the last minute adds and making sure I could do them "by tomorrow", meaning Friday.

I'm on vacation but I have the cards with me (in case I got sales - sometimes the card issuer wants the CVV code or the expiration date off the card), and have access to phone and internet, so that's not a problem.

But...

A.  Both new AU sales are on the same credit card (an 11 year old USAA card with $34K limit).  This card already has two AUs on it from new company sales in February (added Feb 2 and Feb 28) which were done via the old manual process.  The emails said nothing about removing the old AU's.  I *think* USAA has a maximum of two slots, and I think it is too early to remove the add that was done on 2/28.  So I'm conflicted between wanting to add the new AU's, but not wanting to exceed the number of slots with USAA, but also not wanting to remove existing AU's too early.  Thoughts?

B.  If I do end up adding both, it's better to add them in a single phone call, not two separate ones...right?

C.  They're requesting that I add them by tomorrow (3/31), but my card doesn't close until the 6th (so 4/6).  The card has an existing balance on it that will show on my 4/6 statement.  It seems like I don't need to solve this problem in the next 24 hours...right?  I'm in Washington DC at the moment, was planning to go to the zoo tomorrow with my kid, and it would be a little easier to deal with this tomorrow evening after about 6pm Eastern.  I've emailed new company with my questions, but I think they're in the western US, so by the time they get back to me I may be away from my computer.  Overall, trying to be responsive but don't want to drag my laptop around with me at the zoo tomorrow and don't want to tell my kid to watch the zebras for 20 minutes while Daddy makes a weird phone call or have USAA wonder why there are elephant noises in the background as I add foreign-sounding names as AU's.

Thanks to all for any advice.

P.S. - As I think about this, I think the new company probably isn't watching the transition from the manual system to the new portal, and that I should remove the 2/2 AU in one phone call, leave the 2/28 AU, add one of the new AU's in a second phone call, and have them shift one of the AU's to a different card (another one of mine or someone else's).  I suspect I'll get an email from them sometime tomorrow during the day, but I'm not dragging my laptop around with me all day, so it'll have to be tomorrow night, which I think will be OK since the card doesn't close until the 6th.

P.P.S. - Not sure why I'm so long winded and indecisive today.  Probably combined effects of vacation and hanging out with my 15 year old daughter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on March 30, 2017, 09:45:07 PM
This is weird. I am on the Bofa website looking for the link to add authorized users. It's nowhere to be found. The instructions in the online help take me to pages that lack links to the auth user add page. (where I remember they used to be located).

So I went to my internet history and found that url. It's still active and has all the fields to fill in etc, but now I'm wondering what's going on. Is the heat still on?

Anyway, just thought I'd report that. It is of course possible that I'm being totally blind to the links. But I don't think so. I've spent a good ten minutes poking around trying to find the 'add authorized user' link and nada.

Any of you seeing the same thing? Or am I just being blind?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zap on March 30, 2017, 10:18:17 PM


This is weird...Any of you seeing the same thing? Or am I just being blind?

I have the link in the same place it's always been, on the "Information and Services" tab.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on March 30, 2017, 10:39:58 PM


This is weird...Any of you seeing the same thing? Or am I just being blind?

I have the link in the same place it's always been, on the "Information and Services" tab.

It's weird. I'm not seeing it. I'm blind? Yes?

(http://i.imgur.com/fudkanul.png)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zap on March 31, 2017, 04:43:06 AM
That's strange. It's definitely missing, along with some other options. Here's my view:(https://uploads.tapatalk-cdn.com/20170331/5a574e20574017cc834fc43c0a7c1d0a.jpg)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 31, 2017, 05:18:56 AM
Probably too late to help, secondcor521, but let us know what you ended up doing.  :)

I think you're right in that they didn't coordinate old sales with the portal, so they may have oversold your card.

@Malaysia41: That's really weird.  Mine is showing just fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on March 31, 2017, 05:56:44 AM
Regarding bofa - I believe I figured it out. They must conditionally pare down the links when the page loads - dependind on where a person is browsing from. US - all the links. Italy - fewer links.

This morning, my Hola VPN was throwing errors so I logged on to Bofa without it. Just now, I found that Hola VPN was working, so I tried Bofa with VPN and voila - the Add Authorized Users link shows up - just like yours.

Thanks for chiming in with your observations. I'm feeling a bit skittish on the BofA so I appreciate your input.

Issue resolved. Ciao.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 31, 2017, 10:14:56 AM
Just had my first two adds!

The call to Citi went well. It was easy to give the name, SSN, DOB, and address.

There was a slight hickup when I asked that the cards be sent to me, instead of the new AU. The rep put me on hold while he checked if he could do that. When he came back, he said, "no problem". I logged on to Citi's website, and the new AUs were already listed there, all information correct. There was even an note that clarified the cards would be coming to me, not to the new AU.

Early in the call, when the rep was verifying my identity, he asked for the "member since" date on the front of the card, and the CVV number on the back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on March 31, 2017, 10:48:47 AM
Just had my first two adds!

The call to Citi went well. It was easy to give the name, SSN, DOB, and address.

There was a slight hickup when I asked that the cards be sent to me, instead of the new AU. The rep put me on hold while he checked if he could do that. When he came back, he said, "no problem". I logged on to Citi's website, and the new AUs were already listed there, all information correct. There was even an note that clarified the cards would be coming to me, not to the new AU.

Early in the call, when the rep was verifying my identity, he asked for the "member since" date on the front of the card, and the CVV number on the back.
Congrats on your sales solon! Do you mind me asking if you can view both of your recently added AUs at Citi's website? I recently had my first two adds and only the first is visible to me online yet I received confirmation that both were successfully added.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bassguitar115 on March 31, 2017, 11:56:52 AM
My credit score is great, but are there any requirements for keeping your credit score above a certain level or limiting the number of credit cards you can open? Just curious because I typically open a couple new cards every 6 months or so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 31, 2017, 11:57:56 AM
Just had my first two adds!

The call to Citi went well. It was easy to give the name, SSN, DOB, and address.

There was a slight hickup when I asked that the cards be sent to me, instead of the new AU. The rep put me on hold while he checked if he could do that. When he came back, he said, "no problem". I logged on to Citi's website, and the new AUs were already listed there, all information correct. There was even an note that clarified the cards would be coming to me, not to the new AU.

Early in the call, when the rep was verifying my identity, he asked for the "member since" date on the front of the card, and the CVV number on the back.
Congrats on your sales solon! Do you mind me asking if you can view both of your recently added AUs at Citi's website? I recently had my first two adds and only the first is visible to me online yet I received confirmation that both were successfully added.

Yeah, they're both listed there. My Citi card is a Sears card, if that makes a difference.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on March 31, 2017, 12:04:57 PM
I got my first add!

However, similar to what secondcor said, I'm currently traveling and unable to do the add until tomorrow (April 1). I'm hoping that will be okay, even though the task says to do it today, because my card doesn't close until the 7th. I sent New Company an email to that effect and we'll see if they respond.

EDIT: as I was typing this I got a response:

Quote
Thank you for your email.  If you can be sure to do the add tomorrow afternoon, I think we will be fine.  As you know, timing is crucial, but you are correct, you have a cushion of a few days, so adding tomorrow should be an adequate amount of time.  Please let us know if you have any difficulties.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on March 31, 2017, 02:06:14 PM
My credit score is great, but are there any requirements for keeping your credit score above a certain level or limiting the number of credit cards you can open? Just curious because I typically open a couple new cards every 6 months or so.

The AU only gets the benefit of the card they are added to, not your overall credit score.   So other credit cards should not impact the sales one bit.  You should be able to get the same results with piss poor credit as long as the card is pristine (no missed payments).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 31, 2017, 02:22:10 PM

There was a slight hickup when I asked that the cards be sent to me, instead of the new AU. The rep put me on hold while he checked if he could do that. When he came back, he said, "no problem". I logged on to Citi's website, and the new AUs were already listed there, all information correct. There was even an note that clarified the cards would be coming to me, not to the new AU.


Wow that's definitely a concern.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on March 31, 2017, 02:31:36 PM
Question for you guys. I have 2 Capital One cards registered, $12K and $33K. It occurred to me today that I could have them combined into one account that is the older of the 2 (6 years) and with a limit of $45K.

Is there a market for cards with this high of a limit or am I better off sticking with 2 cards for 2X the number of available slots?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on March 31, 2017, 05:17:06 PM
I got the cards from the two Discover adds today. OK to shred them or do they have to be activated or something first?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 31, 2017, 05:23:19 PM
Just had my first two adds!

Nice!

Congrats on your sales solon! Do you mind me asking if you can view both of your recently added AUs at Citi's website? I recently had my first two adds and only the first is visible to me online yet I received confirmation that both were successfully added.

That's..really weird.  You called back to confirm they are both showing on the account as AUs?

My credit score is great, but are there any requirements for keeping your credit score above a certain level or limiting the number of credit cards you can open? Just curious because I typically open a couple new cards every 6 months or so.

No, it has literally nothing to do with your credit, all about the card itself that you're selling.  You could have a 500 credit score, and a card that is old with a high limit, as long as that card itself has never had any late payments and has <10% utilization, adding that card to their report boosts the AU's score... and makes no difference if you had an 800 score, or a 500 score, when you did it.

I got my first add!

However, similar to what secondcor said, I'm currently traveling and unable to do the add until tomorrow (April 1). I'm hoping that will be okay, even though the task says to do it today, because my card doesn't close until the 7th. I sent New Company an email to that effect and we'll see if they respond.

Congrats!

That's plenty of time.  Always good to do it with a few days buffer--generally they give you the day to add it, and you want to do it within three days or so, which should still be before the statement close. Don't forget to put a token charge on the card before the close.

Wow that's definitely a concern.

Nah, it's just customer service agents not knowing anything.  I always double check, but it's not something I'd be concerned about at all.

Question for you guys. I have 2 Capital One cards registered, $12K and $33K. It occurred to me today that I could have them combined into one account that is the older of the 2 (6 years) and with a limit of $45K.

Is there a market for cards with this high of a limit or am I better off sticking with 2 cards for 2X the number of available slots?

There definitely is, and if the one card is fairly young, I'd probably try to combine them, to make your card stand out and have  a higher payment amount.  If it's not too young (just a bit younger than the other), I'd probably try to keep them separate, for more sales. Hard to say for sure though.

I got the cards from the two Discover adds today. OK to shred them or do they have to be activated or something first?

Shred 'em.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on March 31, 2017, 08:52:12 PM
I received my first two adds through the portal today, thanks ARS!
I added them online first and then I called in the SSN's on two different phone calls, about 30 min apart from each other.
On the second call they asked me to specify relationship, which is something they never had asked me about before.
Had I had more time, I would have waited, but my statement date is tomorrow.
Just received my second sale on the same Citi card with the billing cycle closing on 4/2. Thus far when I have called Citi to provide the SSN, it has been mid-afternoon, classic lunch time, or during the morning on Saturday or Sunday. I've simply stated I'd like to update some information on an authorized user; I'd like to include their SSN. Thanks for your assistance today.

If you don't mind sharing FrugalZony, what was your response to please specify the relationship? I would have said business associate.
Sorry for the late reply. I wasn't online for a few days (fired life and all ;) LOL!)
At some point in the past The Company had told me to say "contractor".
When I add the AU's online it asks for relationship and I always choose "other", so I was suprised they asked for this again.
So I told the lady nicely that I had selected "other" when adding the AU, but that they are a contractor.
No issues, but it was still odd, that they asked, although I had already supplied that info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on March 31, 2017, 09:12:28 PM
I got an email from the company asking me to add an AU to my Discover card today ($15.5K credit limit, 31 yr old card).  Went to the portal and got the AU information, and I added the AU info online on the Discover Webpage. Then went back to portal and clicked on the "Add Completed" under My Tasks. I already had a credit card purchase made that will be on the statement before it closes, so no need to make another purchase.  This will be my second AU for any of my cards, so things are starting to look up!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 31, 2017, 10:53:03 PM
Probably too late to help, secondcor521, but let us know what you ended up doing.  :)

New company said to add keep both existing AUs and add the two new AUs in one phone call.  They also said (in variation from what was said a few posts above by ARS) that the deadline is today (payment due date) to do the adds, even though my statement close isn't until the 6th.  I suspect this is just variations in the employees at new company and how they individually do things.

Called in to add the AUs.  USAA CSR is able to add the first (third) AU just fine, but her computer threw errors when she tried to add the second (fourth) AU.  CSR checks with the back office and comes back with some explanation that their computer system is being upgraded right then and that must be the cause of the glitch.  She recommended calling back tomorrow or Monday.  I strongly suspect that USAA has a 3 AU limit in their system that requires a supervisor-type person to override because I think I ran into the same scenario a month or two ago.

I'll call in tomorrow or Monday and try to add the last AU.  If that doesn't work I'll email the new company and have them move the sale to a different card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on April 01, 2017, 06:42:50 AM
Called in to add the AUs.  USAA CSR is able to add the first (third) AU just fine, but her computer threw errors when she tried to add the second (fourth) AU.  CSR checks with the back office and comes back with some explanation that their computer system is being upgraded right then and that must be the cause of the glitch.  She recommended calling back tomorrow or Monday.  I strongly suspect that USAA has a 3 AU limit in their system that requires a supervisor-type person to override because I think I ran into the same scenario a month or two ago.

I'll call in tomorrow or Monday and try to add the last AU.  If that doesn't work I'll email the new company and have them move the sale to a different card.

My understanding is that USAA does have a three AU limit... New company said when I asked "For USAA we add 3 every other month.  You can make them in the same call."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on April 01, 2017, 07:53:10 AM
Well, I missed a call from Discover Card Protection a minute ago. Tried to log into my account and it's locked. I'm hoping they didn't shut me down for the two adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 01, 2017, 08:00:09 AM
Well, I missed a call from Discover Card Protection a minute ago. Tried to log into my account and it's locked. I'm hoping they didn't shut me down for the two adds.

Nah, you'll call them and they'll just verify it was you that did the adds, verify the AU info and your info, and unlock you.  Should be a one-time thing.  You'll come back on here 10 minutes from now and confirm that, then someone else will have the same heart attack a few weeks from now when they do their first Discover AU adds.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog on April 01, 2017, 08:07:13 AM
So the added users does get your address?  Does anyone have concerns about that?  Also I added a $40000+ card.  I sent an email for the payout.  Is it negotiable?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on April 01, 2017, 11:23:55 AM
Well, I missed a call from Discover Card Protection a minute ago. Tried to log into my account and it's locked. I'm hoping they didn't shut me down for the two adds.

Nah, you'll call them and they'll just verify it was you that did the adds, verify the AU info and your info, and unlock you.  Should be a one-time thing.  You'll come back on here 10 minutes from now and confirm that, then someone else will have the same heart attack a few weeks from now when they do their first Discover AU adds.  :)

Yep! Easy enough. Asked to verify who I was and then just asked to verify that I had added the AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on April 01, 2017, 11:36:31 AM
Just had my first two adds!

The call to Citi went well. It was easy to give the name, SSN, DOB, and address.

There was a slight hickup when I asked that the cards be sent to me, instead of the new AU. The rep put me on hold while he checked if he could do that. When he came back, he said, "no problem". I logged on to Citi's website, and the new AUs were already listed there, all information correct. There was even an note that clarified the cards would be coming to me, not to the new AU.

Early in the call, when the rep was verifying my identity, he asked for the "member since" date on the front of the card, and the CVV number on the back.
Congrats on your sales solon! Do you mind me asking if you can view both of your recently added AUs at Citi's website? I recently had my first two adds and only the first is visible to me online yet I received confirmation that both were successfully added.

Yeah, they're both listed there. My Citi card is a Sears card, if that makes a difference.
Quick update. I sent a secure message to confirm my second AU was added properly and after I provided all of their information, including SSN, Citi notified me the add was successful and sure enough both AUs are listed online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on April 01, 2017, 04:02:38 PM
I haven't received the payout for the adds I did in February. I thought I read in the tread that all February add payouts were supposed to post the week of March 31st. Anyone else not received payments for February?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 02, 2017, 09:20:42 AM
I haven't received the payout for the adds I did in February. I thought I read in the tread that all February add payouts were supposed to post the week of March 31st. Anyone else not received payments for February?


Same here. One and only sale was in early February and no pay yet. I emailed them about it last week (before ARS's post) and got a reply that I'd be paid last week. Didn't happen.

Honestly I'm a little.bemused by this whole thing. I sent in the completed paperwork on December 30th and thought I had an attractive card (USAA, over 13 years old, $28K limit.) So far, only one AU while others are posting about multiples. Seems a little.black boxish. Not sneezing at extra $, just mystified about how it's playing out.

Wow that's an incredible card. I'm surprised too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on April 02, 2017, 11:33:12 AM
I haven't received the payout for the adds I did in February. I thought I read in the tread that all February add payouts were supposed to post the week of March 31st. Anyone else not received payments for February?


Same here. One and only sale was in early February and no pay yet. I emailed them about it last week (before ARS's post) and got a reply that I'd be paid last week. Didn't happen.

Honestly I'm a little.bemused by this whole thing. I sent in the completed paperwork on December 30th and thought I had an attractive card (USAA, over 13 years old, $28K limit.) So far, only one AU while others are posting about multiples. Seems a little.black boxish. Not sneezing at extra $, just mystified about how it's playing out.

You get paid about 2 months after the adds. So, I'd only expect the payment to happen around now.
I've been paid for my January adds, but not yet for my Feb (added on the 23rd), so I don't expect that one for a couple weeks.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 02, 2017, 12:28:28 PM
Well, sent in an update for my (resting) BoA card since the credit limit is bumped up to $31k.

Still not a single add on any of the 3 cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 02, 2017, 01:33:45 PM
Honestly I'm a little.bemused by this whole thing. I sent in the completed paperwork on December 30th and thought I had an attractive card (USAA, over 13 years old, $28K limit.) So far, only one AU while others are posting about multiples. Seems a little black boxish. Not sneezing at extra $, just mystified about how it's playing out.
That card (ie. the card's slots) will cost more to the customers - and will only be 'worth it' to the customers that really need that much of a boost to their credit.  I'm deducing the potential customers don't have all kinds of spare cash or credit. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 02, 2017, 05:25:56 PM
Data point FYI:

On March 24, 2017, someone attempted to open a Discover it card application using my name and/or SSN.  It wasn't me.

Discover flagged it as suspected fraud, sent me a letter, I called just now and confirmed that it was fraud.  They recommended that I file a notice with the credit bureaus that I am an identity theft victim.  I will do so.

I appreciate that Discover caught this and will say that they were very good in handling my call and answering my concerns.

This is the first time this has happened to me.  However, we all know identity theft is rampant, and I really haven't done much to prevent it or avoid it, so this may or may not be related to piggybacking activity.  In fact, I would be inclined to guess that it isn't related and plan to continue my piggybacking activities.

I can jump through hoops if I want to in order to find out more about the application that was submitted.  But since it's extra effort and I doubt it would help me determine whether or not it was related to piggybacking, at this point I have decided not to do those extra steps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 02, 2017, 08:26:53 PM
Data point FYI:

On March 24, 2017, someone attempted to open a Discover it card application using my name and/or SSN.  It wasn't me.

Discover flagged it as suspected fraud, sent me a letter, I called just now and confirmed that it was fraud.  They recommended that I file a notice with the credit bureaus that I am an identity theft victim.  I will do so.

I appreciate that Discover caught this and will say that they were very good in handling my call and answering my concerns.

This is the first time this has happened to me.  However, we all know identity theft is rampant, and I really haven't done much to prevent it or avoid it, so this may or may not be related to piggybacking activity.  In fact, I would be inclined to guess that it isn't related and plan to continue my piggybacking activities.

I can jump through hoops if I want to in order to find out more about the application that was submitted.  But since it's extra effort and I doubt it would help me determine whether or not it was related to piggybacking, at this point I have decided not to do those extra steps.

When you signed up with a tradeline company, did you use your actual SSN?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 02, 2017, 09:00:48 PM
Data point FYI:

On March 24, 2017, someone attempted to open a Discover it card application using my name and/or SSN.  It wasn't me.

Discover flagged it as suspected fraud, sent me a letter, I called just now and confirmed that it was fraud.  They recommended that I file a notice with the credit bureaus that I am an identity theft victim.  I will do so.

I appreciate that Discover caught this and will say that they were very good in handling my call and answering my concerns.

This is the first time this has happened to me.  However, we all know identity theft is rampant, and I really haven't done much to prevent it or avoid it, so this may or may not be related to piggybacking activity.  In fact, I would be inclined to guess that it isn't related and plan to continue my piggybacking activities.

I can jump through hoops if I want to in order to find out more about the application that was submitted.  But since it's extra effort and I doubt it would help me determine whether or not it was related to piggybacking, at this point I have decided not to do those extra steps.

When you signed up with a tradeline company, did you use your actual SSN?

Yep, with both old company and new company.  I give my SSN freely to banks, doctors, etc.; just not to the nice people who call from Microsoft and the IRS ;-).  See the bolded part above.  I really do little to nothing to prevent identity theft, so perhaps this is my comeuppance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on April 02, 2017, 10:52:52 PM
So the added users does get your address?  Does anyone have concerns about that?  Also I added a $40000+ card.  I sent an email for the payout.  Is it negotiable?

The tradeline purchaser gets your personal address?  Hmmmm.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 03, 2017, 12:21:59 PM
So the added users does get your address?  Does anyone have concerns about that? 
What makes you think the purchaser gets your address?  They don't get any of your info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 03, 2017, 01:13:16 PM
So the added users does get your address?  Does anyone have concerns about that? 
What makes you think the purchaser gets your address?  They don't get any of your info.

I would guess your address posts on their credit report with the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on April 03, 2017, 01:16:34 PM
So the added users does get your address?  Does anyone have concerns about that? 
What makes you think the purchaser gets your address?  They don't get any of your info.

I would guess your address posts on their credit report with the card.

I co-signed my son's auto loan. His loan shows up on my credit report, but his address doesn't.

Also, because this is a good account, my credit score has gone up a little.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on April 03, 2017, 01:38:08 PM
I was feeling left out, but I just got my first add today! Thanks ARS!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 03, 2017, 05:09:30 PM
So the added users does get your address?  Does anyone have concerns about that? 
What makes you think the purchaser gets your address?  They don't get any of your info.

I would guess your address posts on their credit report with the card.

I co-signed my son's auto loan. His loan shows up on my credit report, but his address doesn't.

Also, because this is a good account, my credit score has gone up a little.

That's different. When you add an authorized user and you don't add their address, as some of these issuers do, it seems the AU card uses your address by default? I could be wrong though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 03, 2017, 06:11:22 PM

But wondering if others have noticed this? The other card I sell regularly on (Discover) asks for SSN online and I've never had a Discover sale fall through.

I finally got an add on Discover, but the web site won't take the address line, even though it seems to be valid.  Hoping they know what the problem is, but just curious to see if anyone else has hit this issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 03, 2017, 06:46:33 PM
So the added users does get your address?  Does anyone have concerns about that?  Also I added a $40000+ card.  I sent an email for the payout.  Is it negotiable?

Nope, no concerns. Maybe a little negotiable, depending on the card. Can't hurt to ask, I suppose?

Yep! Easy enough. Asked to verify who I was and then just asked to verify that I had added the AUs.

Awesome, thanks for confirming. :)

Quick update. I sent a secure message to confirm my second AU was added properly and after I provided all of their information, including SSN, Citi notified me the add was successful and sure enough both AUs are listed online.

Cool, worth checking on that to make sure.

You get paid about 2 months after the adds. So, I'd only expect the payment to happen around now.

They're right, they should have been paid last week.  It has not happened yet.  =/

Yep, with both old company and new company.  I give my SSN freely to banks, doctors, etc.; just not to the nice people who call from Microsoft and the IRS ;-).  See the bolded part above.  I really do little to nothing to prevent identity theft, so perhaps this is my comeuppance.

I'm the same way.  Have had 1-2 CCs frozen over the last decade or so, which has cost me maybe.. an hour or two of hassle?  IMO much less than worrying about id theft (and, from what I've seen, plenty of people who worry about it experience it anyways).  Have some semi-regular monitoring of your credit so you see if any shenanigans happen, but consumer protections are pretty good--you typically aren't responsible for any fraud you didn't commit.

I would guess your address posts on their credit report with the card.

I believe sometimes it does, sometimes it doesn't. I would always operate under the assumption that it could.  They have no other info about you, or the CC, besides the basic info purchased (limit, issuer, close, age).

I was feeling left out, but I just got my first add today! Thanks ARS!

Great!  :D


But wondering if others have noticed this? The other card I sell regularly on (Discover) asks for SSN online and I've never had a Discover sale fall through.

I finally got an add on Discover, but the web site won't take the address line, even though it seems to be valid.  Hoping they know what the problem is, but just curious to see if anyone else has hit this issue.

I got 2 Discover adds this month, one worked perfectly, the other it rejected the address. I had to call and add that one (ugh), but that worked fine, the rep was able to add them w/ the address (I just called and said I was trying to add the AU online, but it rejected the address, and gave the rep all the same info).

That's the first time it's happened that it rejected the address and I couldn't tweak it to work (e.g. change a "#" to "APT" or something of that nature)--everything I tried was rejected, so I had to call, but that did work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on April 03, 2017, 06:50:23 PM

But wondering if others have noticed this? The other card I sell regularly on (Discover) asks for SSN online and I've never had a Discover sale fall through.

I finally got an add on Discover, but the web site won't take the address line, even though it seems to be valid.  Hoping they know what the problem is, but just curious to see if anyone else has hit this issue.

Had my first Discover sale today. I didn't have any trouble entering the address on Discover's site.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 03, 2017, 07:26:47 PM
Data point:

I logged into my Capital One account and noticed it was restricted. I called to see what was going on, and they are requesting documentation for my AUs. They need copies of their drivers licenses or state ID, front and back. I emailed the guy from the TL company, hoping he can help a fella out. Anyone else have this experience? Am I about to get this account shut down?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 03, 2017, 07:41:41 PM
Data point:

I logged into my Capital One account and noticed it was restricted. I called to see what was going on, and they are requesting documentation for my AUs. They need copies of their drivers licenses or state ID, front and back. I emailed the guy from the TL company, hoping he can help a fella out. Anyone else have this experience? Am I about to get this account shut down?

Question:

Are you using the new TL company that ARS recommended, or a different one?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on April 03, 2017, 08:40:27 PM
Data point:

I logged into my Capital One account and noticed it was restricted. I called to see what was going on, and they are requesting documentation for my AUs. They need copies of their drivers licenses or state ID, front and back. I emailed the guy from the TL company, hoping he can help a fella out. Anyone else have this experience? Am I about to get this account shut down?

That's the second report of concerns at Capital One in the last few days. I wonder if they are following BofA's lead?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 03, 2017, 08:53:42 PM
Using the new TL company. Just heard back from them and they said that it's getting shut down. In the ten years they've been doing this, even when all documentation has been provided, every account has been shut down. Kinda sucks, but knew that was a risk when I started this. Luckily I have quite a few more cards! Cap One owners be warned though, looks like they are cracking down!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on April 04, 2017, 02:24:09 AM
Using the new TL company. Just heard back from them and they said that it's getting shut down. In the ten years they've been doing this, even when all documentation has been provided, every account has been shut down. Kinda sucks, but knew that was a risk when I started this. Luckily I have quite a few more cards! Cap One owners be warned though, looks like they are cracking down!

ducky, how many AUs had you added to cap one?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 04, 2017, 04:51:49 AM
Three. I had two on there still from January and they just sent me an add for the last one a couple weeks ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on April 04, 2017, 05:05:23 AM
Three. I had two on there still from January and they just sent me an add for the last one a couple weeks ago.

Thanks for the info. I listed my cap one card with new company. I think I'll put it on hold.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 04, 2017, 05:58:53 AM
Probably not a bad idea - I hope no one else gets their account shut down!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 04, 2017, 05:59:47 AM
Wow that's frustrating, it takes years to get a good card that the tradeline companies can use.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 04, 2017, 06:53:39 AM
Yeah, this was a popular card, too - $12k limit opened in 2004... :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on April 04, 2017, 08:45:08 AM

But wondering if others have noticed this? The other card I sell regularly on (Discover) asks for SSN online and I've never had a Discover sale fall through.

I finally got an add on Discover, but the web site won't take the address line, even though it seems to be valid.  Hoping they know what the problem is, but just curious to see if anyone else has hit this issue.

I've had this happen twice now.  For some reason Discover's website really doesn't like some valid addresses.

I just call, tell them I want to add an Authorized User, and give them all the same info.  Took all of 2 minutes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 04, 2017, 10:20:53 AM
For one of the authorized users for a Discover card, I had the credit card sent to me, and I activated the card, and then I used the activated card to do a small purchase at a grocery store. I did this because I think I read a post on here that said it's good to do use an authorized user's card once in a while so that Discover doesn't shut down the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 04, 2017, 07:13:23 PM
Probably too late to help, secondcor521, but let us know what you ended up doing.  :)
I'll call in tomorrow or Monday and try to add the last AU.  If that doesn't work I'll email the new company and have them move the sale to a different card.

Called in yesterday to try again to add the last AU.  The CSR got some sort of error message and gave what I think was a BS explanation.  Emailed the new company and they moved the sale to another card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on April 04, 2017, 09:21:12 PM
Signed up at the New Year with the new company,via email then updated on new web portal. All cards are around 20 years old, limits over 20k, credit score a hair under 800. Still no adds. :(

My wife however, has 2 AU's on her Capital one, today while she was at work we got a call on house phone from someone looking for " Mr John Doe ( he used his real name) who is her most recent add. I said that was my wife's business, but that John Doe could not be reached at this number. The guy was cordial and didn't want to say what this was about when I asked him. The caller ID said "Portfolio Recovery".
Anyone had this experience?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on April 04, 2017, 09:23:10 PM
Three. I had two on there still from January and they just sent me an add for the last one a couple weeks ago.

I still have an AU on my Capital One that I added in January.  I noticed Cap One has redesigned their statement.  It now shows the AU's name, last four digits of their card and any purchases- so it shows no purchases made by my AU.  I wonder if no purchases made by AU will be a red flag.  I was keeping the AU on until I am instructed to remove him.  I read it looks less suspicious to keep the AU on if you can.  I wonder if I should be making some purchases with AU card as someone else has suggested.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on April 05, 2017, 03:17:31 AM
Signed up at the New Year with the new company,via email then updated on new web portal. All cards are around 20 years old, limits over 20k, credit score a hair under 800. Still no adds. :(

My wife however, has 2 AU's on her Capital one, today while she was at work we got a call on house phone from someone looking for " Mr John Doe ( he used his real name) who is her most recent add. I said that was my wife's business, but that John Doe could not be reached at this number. The guy was cordial and didn't want to say what this was about when I asked him. The caller ID said "Portfolio Recovery".
Anyone had this experience?

Yikes.

You know, for $400 a tradeline, the risk of getting interfangulated with AU credit reports was kinda worth it. For $225? I dunno. I think I'm going to put it on hold for a while.

Of course I go through this cycle often. I find some reason to pause for a while, then the two months are up on old AUs, 2 new spots come in, and it's really hard to turn down the $450 (2x$225) for 5 minutes of work. So we'll see when May 29 rolls around.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 05, 2017, 05:20:12 AM
Signed up at the New Year with the new company,via email then updated on new web portal. All cards are around 20 years old, limits over 20k, credit score a hair under 800. Still no adds. :(

My wife however, has 2 AU's on her Capital one, today while she was at work we got a call on house phone from someone looking for " Mr John Doe ( he used his real name) who is her most recent add. I said that was my wife's business, but that John Doe could not be reached at this number. The guy was cordial and didn't want to say what this was about when I asked him. The caller ID said "Portfolio Recovery".
Anyone had this experience?

Yep I still firmly believe they are so inundated with cards that they can't possibly give adds to everyone on a consistent basis. I got a couple adds immediately at the beginning of January and one in February and haven't heard a single peep out of the company since. The ones in January are still on there as I can't get a response if it's ok to remove them. I had to contact them to urge payment for January and I've received no payment for February. It was nice getting a little bit of money but I don't have a warm fuzzy anymore.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 05, 2017, 08:43:50 AM
I have a question about procedure.  I do have a cap one card that I plan to add.  Is there a way to put a card on hold on the website?  Or would I need to call in for that.  My thoughts are that I'd get one AU and then ask that no further AUs be added for a while.  Make purchases under the AU's card for maybe 6 months.  Drop that AU and then open the card back up.  Sounds ultra conservative, but I would think that it would make things far less likely to look suspicious. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 05, 2017, 08:52:22 AM
I have a question about procedure.  I do have a cap one card that I plan to add.  Is there a way to put a card on hold on the website?  Or would I need to call in for that.  My thoughts are that I'd get one AU and then ask that no further AUs be added for a while.  Make purchases under the AU's card for maybe 6 months.  Drop that AU and then open the card back up.  Sounds ultra conservative, but I would think that it would make things far less likely to look suspicious.

You can request number of AUs and probably frequency if you want.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 05, 2017, 10:25:58 AM
I have a question about procedure.  I do have a cap one card that I plan to add.  Is there a way to put a card on hold on the website?  Or would I need to call in for that.  My thoughts are that I'd get one AU and then ask that no further AUs be added for a while.  Make purchases under the AU's card for maybe 6 months.  Drop that AU and then open the card back up.  Sounds ultra conservative, but I would think that it would make things far less likely to look suspicious.

Why would you make purchases under the AU's card? In addition, how are you going to show an ID to the cashier with this other person's name on it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on April 05, 2017, 10:28:26 AM
Why would you make purchases under the AU's card? In addition, how are you going to show an ID to the cashier with this other person's name on it?

I can't remember the last time I've been asked for ID when paying with a card. It has been years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on April 05, 2017, 10:40:33 AM
Why would you make purchases under the AU's card? In addition, how are you going to show an ID to the cashier with this other person's name on it?

I can't remember the last time I've been asked for ID when paying with a card. It has been years.

Especially not in the self checkout lane!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 05, 2017, 11:22:38 AM
Why would you make purchases under the AU's card? In addition, how are you going to show an ID to the cashier with this other person's name on it?

I can't remember the last time I've been asked for ID when paying with a card. It has been years.

Especially not in the self checkout lane!

Or online purchases.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 05, 2017, 01:04:21 PM
I have a question about procedure.  I do have a cap one card that I plan to add.  Is there a way to put a card on hold on the website?  Or would I need to call in for that.  My thoughts are that I'd get one AU and then ask that no further AUs be added for a while.  Make purchases under the AU's card for maybe 6 months.  Drop that AU and then open the card back up.  Sounds ultra conservative, but I would think that it would make things far less likely to look suspicious.

Why would you make purchases under the AU's card? In addition, how are you going to show an ID to the cashier with this other person's name on it?

Making purchases gives "cred" to the AU being legit.  I've shown my id 3 times in the last year when buying with a credit card.  All have been at stop and shop to buy $500 Visa gift cards after they were ripped off big time.  I'd plan to only put a few hundred dollars on it.  Easy enough to do at gas stations and supermarket self checkouts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 05, 2017, 04:42:35 PM
I've been selling tradelines for over a year now.  Originally I was working with the brokers you guys use, but several months ago branched out on my own because I think it''s ridiculous how little commission they pay versus what they charge their customers.

Regarding Cap1 I too have had my account restricted a couple weeks ago.  They are asking for for SS and ID's (and proof of residency for myself)  of all AU's currently on the card.  Will report back after I provide this and let you know if I get shut down.  Really hoping not to, it's my oldest card at over 10 years old with a 11k limit.

It's too bad there isn't some kind of automated software or website that simply will connect those that wish to purchase a tradeline to those that want to sell one. It would be somehow automated with its own wiki, and online forum.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on April 05, 2017, 05:54:04 PM
I've been selling tradelines for over a year now.  Originally I was working with the brokers you guys use, but several months ago branched out on my own because I think it''s ridiculous how little commission they pay versus what they charge their customers.

Regarding Cap1 I too have had my account restricted a couple weeks ago.  They are asking for for SS and ID's (and proof of residency for myself)  of all AU's currently on the card.  Will report back after I provide this and let you know if I get shut down.  Really hoping not to, it's my oldest card at over 10 years old with a 11k limit.

Interesting - how are you finding customers?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 05, 2017, 07:20:52 PM
Had my first Discover sale today. I didn't have any trouble entering the address on Discover's site.

Nice!

Data point:

I logged into my Capital One account and noticed it was restricted. I called to see what was going on, and they are requesting documentation for my AUs. They need copies of their drivers licenses or state ID, front and back. I emailed the guy from the TL company, hoping he can help a fella out. Anyone else have this experience? Am I about to get this account shut down?

Sucks.  =/  Keep us in the loop when you submit all the docs.

Wow that's frustrating, it takes years to get a good card that the tradeline companies can use.

If starting from zero, yes.  But I think most of us have a bunch sitting around doing nothing.

I've had this happen twice now.  For some reason Discover's website really doesn't like some valid addresses.

I just call, tell them I want to add an Authorized User, and give them all the same info.  Took all of 2 minutes.

Yeah, a hassle, but luckily a short one.

My wife however, has 2 AU's on her Capital one, today while she was at work we got a call on house phone from someone looking for " Mr John Doe ( he used his real name) who is her most recent add. I said that was my wife's business, but that John Doe could not be reached at this number. The guy was cordial and didn't want to say what this was about when I asked him. The caller ID said "Portfolio Recovery".
Anyone had this experience?

No.  I'd just block the number.

I don't think there's any way to tie my phone to my address anyways, so I can't see something like that happening, but if it did, no big deal, tell them no one there by that name, please take my number off your list, hang up, block number.

I still have an AU on my Capital One that I added in January.  I noticed Cap One has redesigned their statement.  It now shows the AU's name, last four digits of their card and any purchases- so it shows no purchases made by my AU.  I wonder if no purchases made by AU will be a red flag.  I was keeping the AU on until I am instructed to remove him.  I read it looks less suspicious to keep the AU on if you can.  I wonder if I should be making some purchases with AU card as someone else has suggested.

I've never bothered.  I don't think this is something they check.


Signed up at the New Year with the new company,via email then updated on new web portal. All cards are around 20 years old, limits over 20k, credit score a hair under 800. Still no adds. :(

My wife however, has 2 AU's on her Capital one, today while she was at work we got a call on house phone from someone looking for " Mr John Doe ( he used his real name) who is her most recent add. I said that was my wife's business, but that John Doe could not be reached at this number. The guy was cordial and didn't want to say what this was about when I asked him. The caller ID said "Portfolio Recovery".
Anyone had this experience?

Yikes.

You know, for $400 a tradeline, the risk of getting interfangulated with AU credit reports was kinda worth it. For $225? I dunno. I think I'm going to put it on hold for a while.

Of course I go through this cycle often. I find some reason to pause for a while, then the two months are up on old AUs, 2 new spots come in, and it's really hard to turn down the $450 (2x$225) for 5 minutes of work. So we'll see when May 29 rolls around.

haha, yeah, you do seem to go through this a lot whenever a negative pops up.

I totally understand.

My logic every time is:
1) This is the first time it's been reported.  Out of dozens and dozens of mustachians selling many lines.  Hundreds and hundreds of lines, and it's now happened... once?  Odds that it does happen to me seem to be well under 1%.
2) Even if it DID happen, the hassle of getting a two minute call where you say you don't know them, then block the number is worth the payout.

So likely the negative thing won't happen, and if it does, it's not that negative.  I'm okay with the 1% chance I have a two minute annoyance in the future.  :)

Yep I still firmly believe they are so inundated with cards that they can't possibly give adds to everyone on a consistent basis. I got a couple adds immediately at the beginning of January and one in February and haven't heard a single peep out of the company since. The ones in January are still on there as I can't get a response if it's ok to remove them. I had to contact them to urge payment for January and I've received no payment for February. It was nice getting a little bit of money but I don't have a warm fuzzy anymore.

As soon as I read this today, I contacted them.  I will make sure this is fixed ASAP. Like you said, growing pains, but you adding the AUs, but not getting timely payment isn't acceptable.

I have a question about procedure.  I do have a cap one card that I plan to add.  Is there a way to put a card on hold on the website?  Or would I need to call in for that.  My thoughts are that I'd get one AU and then ask that no further AUs be added for a while.  Make purchases under the AU's card for maybe 6 months.  Drop that AU and then open the card back up.  Sounds ultra conservative, but I would think that it would make things far less likely to look suspicious.

You can email or call to put it on hold, or ask that they just do one line, or only do a sale every six months (they can do this by making the card unavailable and blocked out for certain months).

I'm not, I'll take whatever sales I get, within the limits.  :)

It's too bad there isn't some kind of automated software or website that simply will connect those that wish to purchase a tradeline to those that want to sell one. It would be somehow automated with its own wiki, and online forum.

That would be great.

Unfortunately, the liability is such that I'd rather have a middle man, even if it means less profit.  Regulatory compliance, potential fraud, etc.  I'd rather not personally be adding an individual I "know" and have had contact with who then potentially commits fraud.  It puts more of the onus on you, IMO.  Not to mention dealing with safely and securely storing vital information to prove the compliance if an audit is done later.

It's a good idea, to directly sell them, in terms of making money, but makes me leery for other reasons.

On the other hand, I'd love to see a Mustachian start a TL company.  If you do it right, it can make a lot, and there's room to get a lot of Mustachian cardholders.  However, it is a lot of work up front, setting up the systems, growing to find AUs, etc. 

I'll absolutely take the $1000/hour and make 20k by "working" about 20 MINUTES/week, rather than taking making 2MM+ but having to work (actual effort) for 50 HOUR weeks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 05, 2017, 07:27:07 PM
Heard from the owner about the late payments.

Good news: Most of the Feb payments either had already been paid, or went out last week.  Can anyone confirm they received Feb payments already?

There are a handful still pending, but they should go out tonight and tomorrow.

If you are not paid by end of day Thursday the 6th for a February add, PM me with the email address you signed up with, and I will make sure the payment is made ASAP.

The future will be easier, with the portal up, it will become automated (not sure about this first month, but within a few months), rather than manual.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 05, 2017, 07:31:12 PM
Yes today I got an email from owner saying payment for Feb. add is coming.

In my email back I suggested he might want to organize a conference/meeting with all of us mustachians just to meet all the staff and maybe talk about things and ideas. Although maybe it's not practical.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on April 05, 2017, 09:27:04 PM
How do you know if the authorized user posted correctly? Is it when you receive payment? Or is there some type of confirmation that you will be made aware of before being paid?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on April 05, 2017, 09:31:55 PM
How do you know if the authorized user posted correctly? Is it when you receive payment? Or is there some type of confirmation that you will be made aware of before being paid?

Does the fact that there is "Posted" date in the portal mean that the account posted correctly and I will be paid?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: KT's Stache on April 05, 2017, 10:14:16 PM
Heard from the owner about the late payments.

Good news: Most of the Feb payments either had already been paid, or went out last week.  Can anyone confirm they received Feb payments already?

There are a handful still pending, but they should go out tonight and tomorrow.

If you are not paid by end of day Thursday the 6th for a February add, PM me with the email address you signed up with, and I will make sure the payment is made ASAP.

The future will be easier, with the portal up, it will become automated (not sure about this first month, but within a few months), rather than manual.

I just received an email and payment for all of my adds that I did Feb 4-7th.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on April 06, 2017, 07:43:03 AM
I also was just paid today for two late January AUs.

Everyone working with these guys should have received a pretty lengthy email with some details about the process going forward. Looks like things are getting sorted.

They also mentioned they are preferentially selling AUs to card holders that have been with the company the longest so that would explain some of the inconsistencies.  Here is that part of the email:

"Due to the influx of cardholders we are accommodating those who signed up with us first. Please continue to be patient.  The industry as a whole has seen an increase in supply of cardholders while demand has been stable.  I am seeing an increase in our business so I hope everyone will see more orders coming there way soon."


Sent from my iPhone using Tapatalk
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 06, 2017, 11:34:09 AM
How do you know if the authorized user posted correctly? Is it when you receive payment? Or is there some type of confirmation that you will be made aware of before being paid?
I log in on the website for the card - the card issuers website.

Does the fact that there is "Posted" date in the portal mean that the account posted correctly and I will be paid?
Things on the TL Co's web-portal can't be taken literally. Without knowing where you're seeing that, I can't even guess what it means.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 06, 2017, 01:10:52 PM
It says in the email, " In the meantime, please enable SMS texts messages in your profile in the new database and you will be notified about activity on your accounts via text"

Is that just simply the check mark on the Profile that says "   Receive Important (SMS) Text alerts"  ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 06, 2017, 02:35:40 PM
Quote
I log in on the website for the card - the card issuers website.

That doesn't mean it posted correctly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 06, 2017, 03:18:03 PM
Got my first AU (yay!).  Rush order with 3 emails asking if I could add by the 9th.  Added within a couple hours.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on April 06, 2017, 04:24:26 PM
Quote
I log in on the website for the card - the card issuers website.

That doesn't mean it posted correctly.

Exactly. Is there any confirmation from the company that the authorized user posted correctly? Other than the payment (that may be weeks late)?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 06, 2017, 06:44:09 PM
Quote
I log in on the website for the card - the card issuers website.

That doesn't mean it posted correctly.

Exactly. Is there any confirmation from the company that the authorized user posted correctly? Other than the payment (that may be weeks late)?
Opps, I forgot a step.  Log into the card issuers website and then...  check the card.  The AU will be in there (somewhere) if it was 'posted correctly' to the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 06, 2017, 07:30:03 PM
Just took that step and my AU is under "manage my account" section.  Only a few hours after adding, it's there and ready.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 06, 2017, 07:43:17 PM
I believe the original question was in regards to posting to the AU's credit report.  The TL co will have to tell you.  You cannot determine on your own (you have to see the AU's credit report).  The web site may show that somewhere.  I'm too new to the new company to know.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on April 06, 2017, 09:25:35 PM
Quote
I log in on the website for the card - the card issuers website.

That doesn't mean it posted correctly.

Exactly. Is there any confirmation from the company that the authorized user posted correctly? Other than the payment (that may be weeks late)?
Opps, I forgot a step.  Log into the card issuers website and then...  check the card.  The AU will be in there (somewhere) if it was 'posted correctly' to the card.

You aren't understanding what I'm asking. Just because your credit card adds the authorized user does not necessarily mean the card will post to the authorized user's credit report. If it does not post to the authorized user's credit report, you will not get paid. 

I've attached a screenshot of the company's portal under the My Cards tab. What I'm hoping to confirm is the following:

To C.H. = The date the company notified me to add the authorized user
Added to Card = The date I added the authorized user to the account
Posted = The date the  company confirmed the credit card was posted to the authorized user's credit report (Am I correct in this assumption?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 07, 2017, 07:22:47 AM
You aren't understanding what I'm asking. Just because your credit card adds the authorized user does not necessarily mean the card will post to the authorized user's credit report. If it does not post to the authorized user's credit report, you will not get paid. 


No I don't think the company ever confirms to us whether or not the credit report of the authorized user includes the tradeline. The company just tells us when it doesn't post, and then we don't get paid.

If you do all the steps to make sure it posts, then it should post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on April 07, 2017, 08:25:27 AM
I am still waiting for my first sale.  I was one of the later manual enrollees (that never got put into the system) shortly before the portal was opened and didn't officially start until I enrolled in the portal in mid February.

Anyhow, I've been observing some of the account closures and difficulties others have been relaying in this thread.  I have a thought: could some of the closures be due to an extended period of inactivity prior to taking part in this system?

Ie:
- Person has an old credit card that has been sitting idle for years
- Person inputs that old card into the trade-line system
- Person gets multiple sales from company, and proceeds with adding them
- Person uses card to make a few purchases
- Person removes the sales a few months later
- Rinse/repeat

It'd be trivial for a CC company to have a query to see if there are any accounts that have been sitting idle for many months or years and then all of a sudden it gets multiple auth users added.  Also, it'd be the same triviality to query for usage after auth users have been removed.

I suspect maybe we should "weather" some of our more aged and unused cards for a number of months (if not a year) prior to enrolling them in this system.  By that, I mean use the card for regular purchases so it doesn't appear to just be sitting idle for a long time then BAM, multiple auth users and small usage.

I'm going to test this because I have a very old card with a small limit that the CC co wouldn't allow an increase to its limit due to inactivity.  I'm also going to continue to consistently use my cards even when they're not getting any sales.  I've got them spread out between multiple bills, etc.

I'm sure this isn't that big of a deal and probably overly cautious, but I'd imagine the CC companies that are cracking down would have processes to find these types of usage.  Just a thought...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on April 07, 2017, 08:29:06 AM
My first add was for my capital one card. It occurred mid-March. I never received the credit card in the mail and I just got an email from capital one today.

"We are unable to deliver your new credit card. To help us get it to you as soon as possible, give us a call to update your mailing address."

I have a feeling our post office person refused to deliver the mail here because it didn't have our last name.

Given the recent issues with Capital One, I'm a bit concerned about this...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 07, 2017, 10:15:30 AM
@sw1tch, I like your idea of being more careful.  Everyone should participate or not to the level of their own comfort.

I would say, though, that if the CC companies want to catch piggybackers, I think they'd just query on those of us who have lots of adds and removes of AUs.  I would imagine that the typical non-piggybacking customer would maybe add no more than one or two AUs, they'd probably be their own kids, and they'd probably leave them on for years at a time.  Piggybackers are going to be adding and removing maybe five or ten AUs within a year.  If they're trying to catch us, I doubt they would look at usage at all.

If you want to be conservative, I would suggest instead limiting the number of adds you do per card per year.  Ironically, one way to be "safer" in this respect would be to have lots of cards enrolled with the TL company, because the same number of sales spread over more cards means less activity per card.  If I get 40 AU sales this year and they're all on one card, that card is going to get noticed.  40 AU sales over 20 cards and I maybe skate by.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on April 07, 2017, 10:24:00 AM
@sw1tch, I like your idea of being more careful.  Everyone should participate or not to the level of their own comfort.

I would say, though, that if the CC companies want to catch piggybackers, I think they'd just query on those of us who have lots of adds and removes of AUs.  I would imagine that the typical non-piggybacking customer would maybe add no more than one or two AUs, they'd probably be their own kids, and they'd probably leave them on for years at a time.  Piggybackers are going to be adding and removing maybe five or ten AUs within a year.  If they're trying to catch us, I doubt they would look at usage at all.

If you want to be conservative, I would suggest instead limiting the number of adds you do per card per year.  Ironically, one way to be "safer" in this respect would be to have lots of cards enrolled with the TL company, because the same number of sales spread over more cards means less activity per card.  If I get 40 AU sales this year and they're all on one card, that card is going to get noticed.  40 AU sales over 20 cards and I maybe skate by.

I agree with you that it would be pretty easy for the credit card companies to just query the number of authorized users a card has had to identify someone participating in this piggybacking business. If it's something that is on their radar, it would be pretty easy to monitor. Hell a good internal audit group could help setup continuous monitoring controls that alerts you when someone has cycled through more than 2-3 authorized users in say a 12-month timeframe. That would be enough in my mind to make me wonder.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on April 07, 2017, 10:59:59 AM
@sw1tch, I like your idea of being more careful.  Everyone should participate or not to the level of their own comfort.

I would say, though, that if the CC companies want to catch piggybackers, I think they'd just query on those of us who have lots of adds and removes of AUs.  I would imagine that the typical non-piggybacking customer would maybe add no more than one or two AUs, they'd probably be their own kids, and they'd probably leave them on for years at a time.  Piggybackers are going to be adding and removing maybe five or ten AUs within a year.  If they're trying to catch us, I doubt they would look at usage at all.

If you want to be conservative, I would suggest instead limiting the number of adds you do per card per year.  Ironically, one way to be "safer" in this respect would be to have lots of cards enrolled with the TL company, because the same number of sales spread over more cards means less activity per card.  If I get 40 AU sales this year and they're all on one card, that card is going to get noticed.  40 AU sales over 20 cards and I maybe skate by.

Thanks for this response; that's very true and I will consider that going forward.

I suppose now that I think of it, my concern revolved around coming in as a first-timer and some of the considerations that I might need to take in regards to my long-time cards that haven't had any recent usage (ex: the one I mentioned before with a low limit hadn't been used in about 10 years - I could see that setting off a red flag if I started adding a bunch of AU's immediately as well as other activity).  I suspect some of the account closures may be tied to this.

Of course, this is just a theory and could be proved wrong with other's experiences.  For those whose accounts have been closed, can you let us know how much usage you had with the cards prior to adding AU's?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Financial Fanatic on April 07, 2017, 11:19:09 AM
Heard from the owner about the late payments.

Good news: Most of the Feb payments either had already been paid, or went out last week.  Can anyone confirm they received Feb payments already?

There are a handful still pending, but they should go out tonight and tomorrow.

If you are not paid by end of day Thursday the 6th for a February add, PM me with the email address you signed up with, and I will make sure the payment is made ASAP.

The future will be easier, with the portal up, it will become automated (not sure about this first month, but within a few months), rather than manual.

sent you a PM so that i can be apart of this :)  i apologize if you are receiving duplicate messages, i am new here and unsure if my messages are going through because i am not seeing any confirmation. 
Thanks :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: thepokercab on April 07, 2017, 11:59:22 AM
So i will say, this whole thread has been really helpful for me in terms of reading about everyone's experiences.  I signed up back in January and hadn't gotten any sales, but after reading about folks' various issues over the weeks i went ahead today and asked the company to remove my cards from the program. I guess I decided that this all felt a little more risky than what I am ultimately comfortable with.  But, hey, less supply so hopefully that helps other folks here! 

Anyway, just wanted to say I appreciate folks here sharing their experiences and results.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on April 08, 2017, 04:35:10 PM
I am working through 4 adds for Citibank today, and I am wondering if anyone else is having the same issue I am... the first line reps are not able to add AU for me, and are having to send me to the fraud department, who happily completes the add for me - seems maybe my account is red flagged, but maybe it's a new policy across the board?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 08, 2017, 05:05:37 PM
I am working through 4 adds for Citibank today, and I am wondering if anyone else is having the same issue I am... the first line reps are not able to add AU for me, and are having to send me to the fraud department, who happily completes the add for me - seems maybe my account is red flagged, but maybe it's a new policy across the board?

If all four adds are to the same card, I'm pretty sure you're supposed to do them in a single phone call.  If they're for the same card and you're adding them one per call, the second (or third) rep may have flagged your account because doing that looks suspicious to them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 09, 2017, 08:29:40 AM
Yeah, this was a popular card, too - $12k limit opened in 2004... :(

What kind of usage have you been putting on the card? I have maintained some low usage on all my cards every month since December.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on April 09, 2017, 09:55:45 AM
I just got an AU card mailed to me from Discover.  The envelope was addressed using my name- I like that so it raises no questions with the postal delivery person.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 10, 2017, 06:57:37 AM
Yeah, this was a popular card, too - $12k limit opened in 2004... :(

What kind of usage have you been putting on the card? I have maintained some low usage on all my cards every month since December.

Just nominal purchases to ensure there was a balance - usually under $10.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 10, 2017, 11:05:42 AM
What kind of usage have you been putting on the card? I have maintained some low usage on all my cards every month since December.
I put a couple gallons of gas in my car or motorcycle.  Or $5-$15 dollars of grocery items (I track prices at diff. stores so I'm regularly going to multiple stores for a few things at a time).  Some people buy Amazon gift cards - online so they don't have to leave the house.  If I had to buy 'something' ASAP, I'd renew my cellphone account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on April 10, 2017, 04:54:13 PM
I received an email from support that there is a new order for my card (card #) and that I should login and go to "My Tasks" to see the instructions to complete the add. But there is nothing on the "My Tasks" screen, nor on the individual card screen; its showing that all months are available. Is there a time lag between the email and the screen update?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 10, 2017, 09:26:45 PM
Well it took a few days and a second email, but they got back to me with the apartment #.  Apparently this was just a data entry error on their part.  Discover accepted the address with apartment number and it was sent out prior to my closing date.  Hopefully it posts to their report this time around.

As far as I can tell, they don't give you a hard deadline to add the AU.  When I got the notification on 4/3 it said not to add until 4/3 but didn't give me a date after which I should just give up.  Presumably these customers have a time sensitive issue and need the account to show up ASAP and wouldn't want to wait another month right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on April 10, 2017, 09:47:06 PM
Presumably these customers have a time sensitive issue and need the account to show up ASAP and wouldn't want to wait another month right?

Maybe?  My wife and I have been talking about what could possible motivate a person to become a customer of a company like this.  Like what's so important that they're willing to pay hundreds of dollars to temporarily raise their credit score?

People preparing to make major purchases like houses, cars, boats, and RVs.  That's the obvious one, I guess, if you're applying for a loan and the terms are going to depend on your creditworthiness.  But it would have to be a pretty damned big loan to make this cost effective.  These people are hoping to spend money now in order to save money (on interest) later.

Renters who are filling out new rental applications with landlords who run credit checks.  They're hoping to get a place to live, not save money on loan interest.

People who are consolidating outstanding debt, like refinancing student loans, merging credit balances, or undergoing a bankruptcy or separation of assets due to divorce.  These folks can potentially save tens of thousands of dollars by qualifying for better loan terms, so I suspect lots of our tradeline customers are in this boat.  Some of them may even be paying lawyers to buy the tradelines for them, and may personally have no knowledge of what this company does.

People applying for security clearances or other background-check heavy jobs that require a review of your credit history.  Depending on the depth of the review, these may look at your credit history more than you current score and a recent bump may be less helpful.  These people are hoping to get a job, and the income it will bring.

People who are churning credit cards for the sign up bonuses.  If there are a couple of $500 sign up bonuses for cards that requires a higher score than you currently have, it might make sense to pay a few hundred up front in order to qualify.  These people are hoping to pay now to make money later.  Some of them might even by forum members!

People dating mustachians or other financially savvy individuals, who are ashamed of their past mistakes and fear being judged for being a 610.  This person (surely there can't be more than one in the world) is hoping to salvage a vulnerable romantic relationship by covering up their past mistakes.

People shopping around for car insurance.  Lots of insurance companies are open about telling you that you get a better rate if you have better credit, so maybe they're trying to qualify for the "responsible credit card user" discount at Geico.

In any case, the add deadline for some of these groups could be months away.  I suspect that not everyone who coughs up $600 to be an AU on your card is really buying a new SUV next week and needs the bump by Friday, which is kind of what I was originally thinking was happening here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 10, 2017, 10:57:15 PM
As far as I can tell, they don't give you a hard deadline to add the AU.  When I got the notification on 4/3 it said not to add until 4/3 but didn't give me a date after which I should just give up.  Presumably these customers have a time sensitive issue and need the account to show up ASAP and wouldn't want to wait another month right?

They have always given me a deadline to add the AU.  The pattern has always been that they send the email a day or two before my statement due date and strongly request me to add the AU by the statement due date.  But from conversations I have had with them, the actual deadline is the statement close date (which is usually 3-6 days after statement due date) - the TL company uses the statement due date to allow for some buffer.

So on your card that you got this sale on, you probably have a statement due date of like 4/5 and a statement close date of between 4/8 and 4/11, and I would personally try to add them by 4/5.  Sometimes I have, after discussion with the TL company, added the AU after the due date and before the close date and everything worked out fine.  But I always discuss the situation with the TL company if I can't meet their requested add date.

I am not sure why customers buy these services, but I can't imagine any case where a customer would pay the company and then be OK with waiting a month for their credit to be boosted vs. having it boosted within about a week.  Although I suspect that the company shares that information with the customer when picking a TL to sell them:  "OK, Mr. So-And-So, we have a $25K 5 year old Mastercard that closes in three days, or a $35K 7 year old Visa that closes in 6 days, which would you prefer?" kind of thing.  Some customers may be in a hurry, some may be more interested in a larger credit boost.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 11, 2017, 05:24:53 AM
As far as I can tell, they don't give you a hard deadline to add the AU.  When I got the notification on 4/3 it said not to add until 4/3 but didn't give me a date after which I should just give up.  Presumably these customers have a time sensitive issue and need the account to show up ASAP and wouldn't want to wait another month right?

I am not sure why customers buy these services, but I can't imagine any case where a customer would pay the company and then be OK with waiting a month for their credit to be boosted vs. having it boosted within about a week.

Probably this ^. I am sure it's a selling feature the tradeline company uses to lure customers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 11, 2017, 02:40:11 PM


They have always given me a deadline to add the AU.  The pattern has always been that they send the email a day or two before my statement due date and strongly request me to add the AU by the statement due date.  But from conversations I have had with them, the actual deadline is the statement close date (which is usually 3-6 days after statement due date) - the TL company uses the statement due date to allow for some buffer.

So on your card that you got this sale on, you probably have a statement due date of like 4/5 and a statement close date of between 4/8 and 4/11, and I would personally try to add them by 4/5.  Sometimes I have, after discussion with the TL company, added the AU after the due date and before the close date and everything worked out fine.  But I always discuss the situation with the TL company if I can't meet their requested add date.


In this case, they sent me the request on the day of closing, and asked that I add that day or three days prior.  Since they didn't include the correct address, I couldn't do it.  Two days later, when they replied to my query, they didn't say "it's too late" so I completed the add.  Hope it works out.  Yes it was still before the closing date.

But now looking at the dashboard it says that the order was received two weeks earlier.  I guess it took them a couple weeks to do the data entry (incorrectly). Gotta say I'm not super impressed so far, but if I end up getting paid I guess money is money.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 11, 2017, 04:02:10 PM


They have always given me a deadline to add the AU.  The pattern has always been that they send the email a day or two before my statement due date and strongly request me to add the AU by the statement due date.  But from conversations I have had with them, the actual deadline is the statement close date (which is usually 3-6 days after statement due date) - the TL company uses the statement due date to allow for some buffer.

So on your card that you got this sale on, you probably have a statement due date of like 4/5 and a statement close date of between 4/8 and 4/11, and I would personally try to add them by 4/5.  Sometimes I have, after discussion with the TL company, added the AU after the due date and before the close date and everything worked out fine.  But I always discuss the situation with the TL company if I can't meet their requested add date.


In this case, they sent me the request on the day of closing, and asked that I add that day or three days prior.  Since they didn't include the correct address, I couldn't do it.  Two days later, when they replied to my query, they didn't say "it's too late" so I completed the add.  Hope it works out.  Yes it was still before the closing date.

But now looking at the dashboard it says that the order was received two weeks earlier.  I guess it took them a couple weeks to do the data entry (incorrectly). Gotta say I'm not super impressed so far, but if I end up getting paid I guess money is money.

I had a recent email with the owner, they still understandably got a lot of work to do. It's a massive undertaking to adopt a database management software if you're not used to that and you're not a techie type. Combine that with hundreds of mustachians that flooded them with cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 12, 2017, 08:25:56 AM
Do you guys put charges on cards that have no AUs yet?  I've got 4 in, one with an AU but no charges on the other 3 for a while.  Wondering if these need charges to keep them visible?  The one I got an AU for had been used for regular charges for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 12, 2017, 08:50:21 AM
Do you guys put charges on cards that have no AUs yet?  I've got 4 in, one with an AU but no charges on the other 3 for a while.  Wondering if these need charges to keep them visible?  The one I got an AU for had been used for regular charges for me.

No. Although you should periodically so that the issuer doesn't close it on you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on April 12, 2017, 11:02:56 AM
Got a couple of adds in the last 2 days.  Time to see how this all works.

Me too. I've got 2 cards with 2 spots each, filled one last month and just got 3 adds yesterday for the remaining spots. I'll be ecstatic if I end up seeing cash for all of them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on April 12, 2017, 01:36:13 PM
Got a couple of adds in the last 2 days.  Time to see how this all works.

Me too. I've got 2 cards with 2 spots each, filled one last month and just got 3 adds yesterday for the remaining spots. I'll be ecstatic if I end up seeing cash for all of them.

Well, I have been paid for the first 2 adds. $125/each for two separate adds to my Barclays card. I've got 4 more in the pipeline at $150/each for my Discover card.

So far so good. I'd be very surprised if you weren't paid. Very straight forward!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 12, 2017, 01:39:43 PM
Has anyone added their payment info through the portal?  I did not provide that initially and am wondering if I should just add it myself.  I would put in a ticket but that ticket takes quite a while to get an answer :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 12, 2017, 04:12:15 PM
Has anyone added their payment info through the portal?  I did not provide that initially and am wondering if I should just add it myself.  I would put in a ticket but that ticket takes quite a while to get an answer :)

I was just considering this today.  But I saw that they show my password in plaintext on the profile page.  Which makes me question whether I should trust them with my account and routing number.  Is it possible to just have them send you a check?  I tried to choose the "check" option, but I got an error saying I needed to submit the account no.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on April 12, 2017, 04:55:32 PM
For that reason, I used a savings account with $5 in it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on April 13, 2017, 02:15:02 PM
Do you guys put charges on cards that have no AUs yet

No. Although you should periodically so that the issuer doesn't close it on you.

So this is a known thing? I didn't know that until recently.

I have a very old Capital One card that I no longer used. I had no use for it it been unused for years. Thought I'd sell tradelines on it, but needed to increase the limit as it was pretty low. I tried to increase the limit, and they said they couldn't because the card was dormant, and the person made a side comment about how it was going to be closed at next renewal.

So now I periodically make a purchase or two on that, though I gotta wait six months until I can try raising the limit.

I guess I should have known about that selling tradelines or not, as this was one of my oldest cards if it had been closed it would have affected my credit score negatively I assume.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on April 13, 2017, 02:27:09 PM
Just as a general rule, you should charge your card at least once every year or two, to prevent the bank from automatically closing it for inactivity. Keeps your AAoA up and, obviously, is important for tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 13, 2017, 03:27:18 PM
Just as a general rule, you should charge your card at least once every year or two, to prevent the bank from automatically closing it for inactivity. Keeps your AAoA up and, obviously, is important for tradelines.

If you shop at Amazon with any regularity, it's easy enough to put a $5 credit on your Amazon account with each of your low-use cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bassguitar115 on April 14, 2017, 08:07:01 AM
What does it mean when a card is "resting"?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 14, 2017, 08:38:11 AM
What does it mean when a card is "resting"?

After the close date for the month?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on April 14, 2017, 11:01:03 AM
What does it mean when a card is "resting"?

It means the company has put that card on "hold", and won't be doing any adds on those cards in the short term, mostly likely due to others reporting shutdowns with that issuer.  My BofA and Chase are resting right now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 14, 2017, 07:13:38 PM
I think they've put everyone's BoA on "resting".  I just added my BoA that just hit 2 years.  It was pending and went right to resting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elysianfields on April 15, 2017, 02:50:00 AM
I had a recent add for which the CSR didn't ask for the SSN.  I volunteered it and said, as the new company suggests, "Please add the AU's SSN for security purposes."  The CSR asked me what I meant for clarification, and since I didn't expect it, didn't know what to say.

Do any of you have suggestions of what I might say in this situation?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 15, 2017, 10:20:12 AM
I had a recent add for which the CSR didn't ask for the SSN.  I volunteered it and said, as the new company suggests, "Please add the AU's SSN for security purposes."  The CSR asked me what I meant for clarification, and since I didn't expect it, didn't know what to say.

Do any of you have suggestions of what I might say in this situation?

I would say that for the AU's protection, you want the SSN on the account so that nobody other than the AU can call in and make changes to the account.  The hypothetical scenario would be that someone calls in claiming to be the AU and wanting to change their address, and the CC company, having the SSN, could use that info to verify the caller's identity before doing so.  With just a name and DOB there is less security against someone spoofing the AU's identity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on April 16, 2017, 02:31:41 PM
Got a couple of adds in the last 2 days.  Time to see how this all works.

Me too. I've got 2 cards with 2 spots each, filled one last month and just got 3 adds yesterday for the remaining spots. I'll be ecstatic if I end up seeing cash for all of them.

Well, I have been paid for the first 2 adds. $125/each for two separate adds to my Barclays card. I've got 4 more in the pipeline at $150/each for my Discover card.

So far so good. I'd be very surprised if you weren't paid. Very straight forward!
I'd have thought the same but one of my adds failed and the company doesn't know why as they said everything was done right. They simply said sometimes it fails for no reason. Odd it happened on my very first adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elysianfields on April 17, 2017, 10:34:53 AM
I had a recent add for which the CSR didn't ask for the SSN.  I volunteered it and said, as the new company suggests, "Please add the AU's SSN for security purposes."  The CSR asked me what I meant for clarification, and since I didn't expect it, didn't know what to say.

Do any of you have suggestions of what I might say in this situation?

I would say that for the AU's protection, you want the SSN on the account so that nobody other than the AU can call in and make changes to the account.  The hypothetical scenario would be that someone calls in claiming to be the AU and wanting to change their address, and the CC company, having the SSN, could use that info to verify the caller's identity before doing so.  With just a name and DOB there is less security against someone spoofing the AU's identity.

Thanks, I'll give that a try.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on April 17, 2017, 10:36:58 AM
Another month gone by with no sales :(   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on April 17, 2017, 11:06:46 AM
The damn U.S. Post Office refuses to deliver the card to my address. This is the 2nd time my first authorized user's capital one card has been returned to sender instead of delivering it to our address! Capital One identified the returned card the first time, so I'm sure they will again the 2nd time. I'm hoping those returns don't raise red flags and end up getting my capital one closed...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 17, 2017, 11:58:24 AM
Another month gone by with no sales :(   

Same. And I had all my info submitted over a week before my January closing date. So, missed January, February, March and April. Admittedly, one of the 3 cards is BoA and "resting" now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: trailcamaddict on April 17, 2017, 12:40:47 PM
Another month gone by with no sales :(   

Same. And I had all my info submitted over a week before my January closing date. So, missed January, February, March and April. Admittedly, one of the 3 cards is BoA and "resting" now.

Same here - I'm actually thinking about removing my cards from this service.  I might try the "old" company and see how they do with a card or two.  The opportunity cost of just letting these cards sit in this companies queue is just too high. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on April 17, 2017, 01:40:22 PM
The damn U.S. Post Office refuses to deliver the card to my address. This is the 2nd time my first authorized user's capital one card has been returned to sender instead of delivering it to our address! Capital One identified the returned card the first time, so I'm sure they will again the 2nd time. I'm hoping those returns don't raise red flags and end up getting my capital one closed...

I had mentioned before my Citi Cards getting returned and it was thought that no harm would come from it. Well, Citi sent the cards again and they got returned the second time. I didn't think much about it. Then yesterday I realized that my card was being rejected when I tried to use it. So I checked my account and saw that the credit limit on the card was reduced to zero. Called Citi and was told that Citi has suspended the card because they received returned mail twice as a security measure. Once I verified the address etc. they lifted the suspension and told me that they will mail the cards again. They told me that they could not send the cards in an envelope with my name on it and that I should talk to the post-office to ensure delivery. Goes without saying, that the fraud department must have been notified.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: geekette on April 17, 2017, 02:24:58 PM
The damn U.S. Post Office refuses to deliver the card to my address. This is the 2nd time my first authorized user's capital one card has been returned to sender instead of delivering it to our address! Capital One identified the returned card the first time, so I'm sure they will again the 2nd time. I'm hoping those returns don't raise red flags and end up getting my capital one closed...

I had mentioned before my Citi Cards getting returned and it was thought that no harm would come from it. Well, Citi sent the cards again and they got returned the second time. I didn't think much about it. Then yesterday I realized that my card was being rejected when I tried to use it. So I checked my account and saw that the credit limit on the card was reduced to zero. Called Citi and was told that Citi has suspended the card because they received returned mail twice as a security measure. Once I verified the address etc. they lifted the suspension and told me that they will mail the cards again. They told me that they could not send the cards in an envelope with my name on it and that I should talk to the post-office to ensure delivery. Goes without saying, that the fraud department must have been notified.

I find this odd.  I KEEP getting offers from Cap One for someone who doesn't live here (we've lived here 24 years).  Just today I got an AU card delivered from Discover.  The envelope had my DH's name on it. 

I keep watching this thread although we're not actually selling tradelines (yet) - I added his cousin trying to get her credit score up to buy DH's family home. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 17, 2017, 03:18:30 PM
The damn U.S. Post Office refuses to deliver the card to my address. This is the 2nd time my first authorized user's capital one card has been returned to sender instead of delivering it to our address! Capital One identified the returned card the first time, so I'm sure they will again the 2nd time. I'm hoping those returns don't raise red flags and end up getting my capital one closed...

I had mentioned before my Citi Cards getting returned and it was thought that no harm would come from it. Well, Citi sent the cards again and they got returned the second time. I didn't think much about it. Then yesterday I realized that my card was being rejected when I tried to use it. So I checked my account and saw that the credit limit on the card was reduced to zero. Called Citi and was told that Citi has suspended the card because they received returned mail twice as a security measure. Once I verified the address etc. they lifted the suspension and told me that they will mail the cards again. They told me that they could not send the cards in an envelope with my name on it and that I should talk to the post-office to ensure delivery. Goes without saying, that the fraud department must have been notified.

I find this odd.  I KEEP getting offers from Cap One for someone who doesn't live here (we've lived here 24 years).  Just today I got an AU card delivered from Discover.  The envelope had my DH's name on it. 

I keep watching this thread although we're not actually selling tradelines (yet) - I added his cousin trying to get her credit score up to buy DH's family home.

Totally depends on your mail delivery person. Put a note in the box to expect mail for various friends who are travelling and will come pick it up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Runner77 on April 17, 2017, 03:30:20 PM
I signed up in late December with 3 cards but have yet to receive a sale. Hoping it picks up next month but it has been a complete disappointment so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 17, 2017, 06:53:45 PM
I signed up in late December with 3 cards but have yet to receive a sale. Hoping it picks up next month but it has been a complete disappointment so far.

Have you set up your account on the portal?  If not, send arebelspy a PM to ask how to do that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on April 17, 2017, 10:43:44 PM
BofA noted that our cards were returned too.

Our BofA card is with old company. I emailed and asked them to put the card on hold /rest after this current batch of tradelines is over. Each spot used to be $400. Now they're $225. It's not as lucrative, but that means going on hold is not as expensive.

I'm thinking of emailing and asking for a payout increase to somewhere in the middle, like $325. Then, they'll have my card for adds if they get busy, but they'll naturally 'rest' it when they have a surplus of other cheaper cards to pull from.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sobezen on April 18, 2017, 10:20:12 AM
Another month gone by with no sales :(   

Same. And I had all my info submitted over a week before my January closing date. So, missed January, February, March and April. Admittedly, one of the 3 cards is BoA and "resting" now.

Same here - I'm actually thinking about removing my cards from this service.  I might try the "old" company and see how they do with a card or two.  The opportunity cost of just letting these cards sit in this companies queue is just too high.

Ditto.  Seems like the demand for this service might not be as high as imagined.  Will give it another quarter and then reassess.  So far no activity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on April 18, 2017, 12:08:17 PM
Alright. Just got my second sale!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on April 18, 2017, 01:12:18 PM
The damn U.S. Post Office refuses to deliver the card to my address. This is the 2nd time my first authorized user's capital one card has been returned to sender instead of delivering it to our address! Capital One identified the returned card the first time, so I'm sure they will again the 2nd time. I'm hoping those returns don't raise red flags and end up getting my capital one closed...

I had mentioned before my Citi Cards getting returned and it was thought that no harm would come from it. Well, Citi sent the cards again and they got returned the second time. I didn't think much about it. Then yesterday I realized that my card was being rejected when I tried to use it. So I checked my account and saw that the credit limit on the card was reduced to zero. Called Citi and was told that Citi has suspended the card because they received returned mail twice as a security measure. Once I verified the address etc. they lifted the suspension and told me that they will mail the cards again. They told me that they could not send the cards in an envelope with my name on it and that I should talk to the post-office to ensure delivery. Goes without saying, that the fraud department must have been notified.

I find this odd.  I KEEP getting offers from Cap One for someone who doesn't live here (we've lived here 24 years).  Just today I got an AU card delivered from Discover.  The envelope had my DH's name on it. 

I keep watching this thread although we're not actually selling tradelines (yet) - I added his cousin trying to get her credit score up to buy DH's family home.

Totally depends on your mail delivery person. Put a note in the box to expect mail for various friends who are travelling and will come pick it up.

Lol!! Yeah, Half a dozen friends who change very other month and most with foreign sounding names. Sure way to have ICE breaking down my door at night. The Postal Service is a federal agency and I assume even the mailman gets some training on spotting signs of mail fraud.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on April 18, 2017, 05:55:42 PM
The damn U.S. Post Office refuses to deliver the card to my address. This is the 2nd time my first authorized user's capital one card has been returned to sender instead of delivering it to our address! Capital One identified the returned card the first time, so I'm sure they will again the 2nd time. I'm hoping those returns don't raise red flags and end up getting my capital one closed...

I had mentioned before my Citi Cards getting returned and it was thought that no harm would come from it. Well, Citi sent the cards again and they got returned the second time. I didn't think much about it. Then yesterday I realized that my card was being rejected when I tried to use it. So I checked my account and saw that the credit limit on the card was reduced to zero. Called Citi and was told that Citi has suspended the card because they received returned mail twice as a security measure. Once I verified the address etc. they lifted the suspension and told me that they will mail the cards again. They told me that they could not send the cards in an envelope with my name on it and that I should talk to the post-office to ensure delivery. Goes without saying, that the fraud department must have been notified.

Citi is frustrating! 2 years ago when I first started they would mail the authorized user cards with my name on the envelope. Then suddenly they changed to putting the authorized user's name on the envelope. I asked Citi about it a couple of times but none of the CSRs could make a change. I even asked them not to mail a card, and that worked with some reps. The mailman made some comments about the mail not addressed to me, but he still delivers it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on April 18, 2017, 07:41:52 PM
Another month gone by with no sales :(   

Same. And I had all my info submitted over a week before my January closing date. So, missed January, February, March and April. Admittedly, one of the 3 cards is BoA and "resting" now.

Same here - I'm actually thinking about removing my cards from this service.  I might try the "old" company and see how they do with a card or two.  The opportunity cost of just letting these cards sit in this companies queue is just too high.

FYI, old TL co. is currently accepting only high limit cards with at least $30,000 in credit limit, minimum 2 years of age, and from one of the following issuers: Barclay, Citi, Discover, PNC, USAA, or US Bank.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on April 18, 2017, 08:41:45 PM
Lol!! Yeah, Half a dozen friends who change very other month and most with foreign sounding names. Sure way to have ICE breaking down my door at night. The Postal Service is a federal agency and I assume even the mailman gets some training on spotting signs of mail fraud.
Easy solution - stop selling your tradelines.  If you're really worried about ICE breaking down your door, small price to pay.

Did I ask anywhere in my posts for a solution? Or did I mention that I am worried about ICE? I was letting know my experience with Citi in response to another poster who had returned mail so he/she can decide if it needs any action on their part.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 19, 2017, 12:41:23 AM
Wtf kind of nosy mail carriers do you guys have?  "Ms chanandler bong" regularly recieves the TV guide at my house
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 19, 2017, 06:16:47 AM
Wtf kind of nosy mail carriers do you guys have?  "Ms chanandler bong" regularly recieves the TV guide at my house

There ya go.  My mail carrier will deliver mail to Darth Vader if it's addressed to my street address.  How do they know who lives there?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on April 19, 2017, 06:45:55 AM
I've gotten one AU card delivered so far, and my mail carrier circled the name and wrote a question mark on the envelope, but did deliver it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: luisug on April 19, 2017, 06:48:08 AM
Hi first post for me. Sorry if this question has been asked/answered before.
I haven't sold any tradelines yet but I added a relative to help their credit score and to see how this works.

Do you have to activate the card of the AU?  and/or use it?  I noticed the card i received has the same account number as my card, so i would think my activity would suffice.

Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 19, 2017, 08:02:19 AM
Hi first post for me. Sorry if this question has been asked/answered before.
I haven't sold any tradelines yet but I added a relative to help their credit score and to see how this works.

Do you have to activate the card of the AU?  and/or use it?  I noticed the card i received has the same account number as my card, so i would think my activity would suffice.

Thanks
You/they do not have to activate or use the AU card.  You are correct that your activity suffices.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TWoK on April 19, 2017, 04:00:34 PM
I guess I've been lucky to already sell 3 slots, but I am a bit annoyed that I get a notice mid-way through the day they HAVE to be added. I mean, surely it's possible to give a bit more of a heads up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meadow lark on April 19, 2017, 07:57:23 PM
Need advice.  I am with the old company, and have not had a bunch of AU's, but a couple.  I got a new BofA card recently for the points, and BofA reduced my credit line on one of the cards I had registered with the company.  I just ignored it because I was getting so few requests, but today they requested 2 spots on the Old card.  I called BofA and got them to increase my limit to 15k, but that's as far as they would go (I think if I cancelled the new card they would go higher.). But then, I don't want to cancel the new card, because the points are worth more than the $ I would get from the AU's.
But I am afraid they will take me out of the program...

My options
 1- cancel the new card, lose my points, get BofA to add to the credit limit of the old card
2- notify the company, possibly lose the ability to use that company again, move to the new company
3- add them to the card, which has a credit limit of $15k instead of $20k and hope no one notices.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 19, 2017, 08:04:32 PM
Need advice.  I am with the old company, and have not had a bunch of AU's, but a couple.  I got a new BofA card recently for the points, and BofA reduced my credit line on one of the cards I had registered with the company.  I just ignored it because I was getting so few requests, but today they requested 2 spots on the Old card.  I called BofA and got them to increase my limit to 15k, but that's as far as they would go (I think if I cancelled the new card they would go higher.). But then, I don't want to cancel the new card, because the points are worth more than the $ I would get from the AU's.
But I am afraid they will take me out of the program...

My options
 1- cancel the new card, lose my points, get BofA to add to the credit limit of the old card
2- notify the company, possibly lose the ability to use that company again, move to the new company
3- add them to the card, which has a credit limit of $15k instead of $20k and hope no one notices.

Instead of asking to raise the credit limit, ask BoA to transfer credit limit back to your old card.

I had the same thing happen when I got a new BoA card - it took the CSR awhile to figure out how to do it, but they did it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meadow lark on April 19, 2017, 08:08:43 PM
I didn't explain well - that's what they did.  They moved $10k of credit from my new card to my old card, and left $5k on my new card.
I do have a third BofA card, also with $20k, but I have an AU on that - although it has already posted...  I am supposed to leave the AU on it for 3 more weeks.  Hmm.  Wonder if that would work...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on April 19, 2017, 08:23:44 PM
If anyone wants some other data-points, wife and I have had 5 cards active on the "old recommendation" since about August, and have had four tradeline sales in that time for roughly $1000 in revenue. Not bad for some clicking around. I had a quick sale on Chase (which was removed after some changes) and no bites since then, wife has had a few more sales on her cards (higher limits and longer credit histories).

I got curious and tallied up today: first four months of this year my wife and I rang up ~$1,000 in sales between the two of us assuming they all pay out (one didn't post).

So relatively consistent dollar wise with what I said before, though last year, we had fewer sales, at higher payout each (before the price was cut).

If that averages out, it's still "free" $3,000 a year. I won't sneeze at that.

That's for about five cards distributed semi randomly between old and new recommendation; we added some new cards, and some cards, i.e. Chase, are no longer being sold. We are pretty lazy, if the card was already getting sales on the old recommendation, we kept it and didn't move over.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on April 19, 2017, 08:25:56 PM
although it has already posted...  I am supposed to leave the AU on it for 3 more weeks.  Hmm.  Wonder if that would work...

Will it post again in the next 3 weeks? If it's a monthly schedule, it should have posted (with the right credit line limit) last week, and you will remove them just before the next statement close. Moving from the 3rd card might be your best bet?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meadow lark on April 19, 2017, 08:41:00 PM
Yes - all of my BofA's post on the same date.
Part of me just wants to say, "Fuck it" and not bother.  I think I've made a total of $250, and it's been a long time.  But then - I am fasting today and kind of in a pissy mood.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 19, 2017, 09:10:57 PM
Need advice.  I am with the old company, and have not had a bunch of AU's, but a couple.  I got a new BofA card recently for the points, and BofA reduced my credit line on one of the cards I had registered with the company.  I just ignored it because I was getting so few requests, but today they requested 2 spots on the Old card.  I called BofA and got them to increase my limit to 15k, but that's as far as they would go (I think if I cancelled the new card they would go higher.). But then, I don't want to cancel the new card, because the points are worth more than the $ I would get from the AU's.
But I am afraid they will take me out of the program...

My options
 1- cancel the new card, lose my points, get BofA to add to the credit limit of the old card
2- notify the company, possibly lose the ability to use that company again, move to the new company
3- add them to the card, which has a credit limit of $15k instead of $20k and hope no one notices.

Notify the company and apologize for the laziness, oversight, or whatever else it actually was, and ask them how they'd like to proceed with this AU.

(As a possibly creative idea, you could offer to the old company to add this latest AU to your third BofA card with the $20K limit, possibly shifting credit line from your old BofA card to your third BofA card such that your third BofA card has the same CL as what the AU thought they were buying.  But it may be that your third BofA card age is not as old as the one the AU bought the line on.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on April 19, 2017, 09:26:21 PM
Yeah, as above. Option #1 is silly and #3 is likely unethical. Notify the company and ask them what you can do to resolve the situation, and, you know, let them know next time you drop a card below what they're expecting it to be.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 20, 2017, 01:10:29 AM
So when do we get paid?  After we remove the AU?  Will they just send a check?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 20, 2017, 09:45:02 AM
Payment should be sent 4 weeks from your card statement closing. I have them DD and it usually takes a few days from there. If it goes more than a week, I would contact them. If you're getting a paper check mailed to you, you might give it a week and a half before contacting them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on April 20, 2017, 12:23:07 PM
As a heads up, I had my first 2 adds after 3 months on my Capital One GM Card. Both failed.

From talking with the company they believe I did everything correct. Fingers crossed for next time.

Anyone been able to use a GM card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TWoK on April 20, 2017, 04:04:18 PM
I noticed they misspelled a name on an add from a week ago.  Is that something that should be corrected?  Address is right, no way to know if they got the SSN right or not.

Of course you need to fix it!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on April 20, 2017, 05:01:26 PM
I just removed an AU today and didn't realize until I went to remove him that they spelled his name incorrectly. I already confirmed with the new company that the add posted correctly so maybe I just got lucky this time. Will be more vigilant next time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 20, 2017, 05:07:10 PM
I just removed an AU today and didn't realize until I went to remove him that they spelled his name incorrectly. I already confirmed with the new company that the add posted correctly so maybe I just got lucky this time. Will be more vigilant next time.

If it's "close enough" it will work but there is risk.  To reduce the risk, I always use the pilot alphabet (Alpha Bravo Charlie Delta Echo, etc.) and have the CSR spell back the name and read back DOB and SSN.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on April 20, 2017, 06:24:29 PM
I got a email request today about 4:30 pm to add AU to my PNC card- first AU for that card.  I was supposed to add him today and instructions were to call PNC to add, not add online.  I ask to put on an AU and got put on hold for a bit.  Then I gave the person's name (spelled it out) and was asked if the person lived with me.  I said no, he lives in California and that I have his address. Before making the call, I had done some googling of the name and figured it was a male Iranian name.  I figured I would have to give his address so why say he lives with me. Then I was put on hold again for a few minutes.  Then a different customer representative asked me who the person was and I said it was a friend of my nephew's.  They said this was a high risk situation and that I would have to go to a PNC bank branch to add this person. I said the person lives in CA but is staying here with me temporarily.  I asked if I would have to take the person with me to PNC branch.  They said yes and I told him I would have to find a PNC branch and I was not sure I had time to take off work to do this.  I asked why it was a risky situation, given that I am responsible for paying the bill and they said it was because this person lived in California (I live in east coast state).  I acted annoyed and said I may try to put him on one of my other credit cards.  I never had a chance to give the address, SSN or DOB.

I have emailed the company about this but have not heard anything back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 20, 2017, 08:03:46 PM
I got a email request today about 4:30 pm to add AU to my PNC card- first AU for that card.  I was supposed to add him today and instructions were to call PNC to add, not add online.  I ask to put on an AU and got put on hold for a bit.  Then I gave the person's name (spelled it out) and was asked if the person lived with me.  I said no, he lives in California and that I have his address. Before making the call, I had done some googling of the name and figured it was a male Iranian name.  I figured I would have to give his address so why say he lives with me. Then I was put on hold again for a few minutes.  Then a different customer representative asked me who the person was and I said it was a friend of my nephew's.  They said this was a high risk situation and that I would have to go to a PNC bank branch to add this person. I said the person lives in CA but is staying here with me temporarily.  I asked if I would have to take the person with me to PNC branch.  They said yes and I told him I would have to find a PNC branch and I was not sure I had time to take off work to do this.  I asked why it was a risky situation, given that I am responsible for paying the bill and they said it was because this person lived in California (I live in east coast state).  I acted annoyed and said I may try to put him on one of my other credit cards.  I never had a chance to give the address, SSN or DOB.

I have emailed the company about this but have not heard anything back.

Wow that's a challenge!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on April 20, 2017, 08:22:00 PM
Wondering what I did wrong.  Will report back on what the company says if I hear from them.  I am not going to try and call again to add the AU or to add him online.  i figured I have been "flagged" now for something.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on April 20, 2017, 11:37:35 PM
Wondering what I did wrong.  Will report back on what the company says if I hear from them.  I am not going to try and call again to add the AU or to add him online.  i figured I have been "flagged" now for something.

Don't blame yourself - Pnc may have trained their people to be on alert.

As for why they care - if there's a fraudulent charge claimed in future they will have to investigate and deal with it. Time and money.

I've put my card in hold. Too much heat! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 21, 2017, 07:36:06 AM
I got a PNC card in the hope that it would eventually be a good card to get for tradelines. Now I'm frustrated.
Is Barclay the best card to get?
Also, wondering if we could help each other's credit scores by giving each other authorized users for each other, to boost our credit score, so that when we apply for a credit card we get the maximum credit limit possible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 21, 2017, 07:38:30 AM
I got a PNC card in the hope that it would eventually be a good card to get for tradelines. Now I'm frustrated.
Is Barclay the best card to get?
Also, wondering if we could help each other's credit scores by giving each other authorized users for each other, to boost our credit score, so that when we apply for a credit card we get the maximum credit limit possible.

Barclays sounds like the best card. The wifey and I got Barclays cards a few months ago mostly for the travel rewards, but also for some possible tradeline sales down the road. Worst case scenario is we only get to use the travel rewards. Still a win!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 21, 2017, 07:41:56 AM
Another vote for Barclays.  They do not seem to care about AUs, good card selection and easy online adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on April 21, 2017, 08:17:56 AM
I wonder where arebelspy is? He hasn't been around in a while.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on April 21, 2017, 08:22:13 AM
Another vote for Barclays.  They do not seem to care about AUs, good card selection and easy online adds.
You do have to call with the SSN.

no you dont - ARS any many others have not had issue adding online and not calling in with social ...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on April 21, 2017, 08:29:12 AM
Got my first add with new company since joining on Jan 3rd - yay! (coincidentally got one with old company on the same day as well, on a different card that I have with them). Overall it's been a productive day :). Thank you ARS, we have been enjoying the extra cash in our early FIRE days.

Awesome!  :)

Quote
New company wants me to call Citi to make sure the SSN is added. I suppose this is to ensure the tradeline posts correctly, but what a pain. I'll make the 2-5 mins call, but it was nice to just be able to add online and not have to deal with anyone over the phone.

Yeah, the phone calls are a pain in the rear. I love the all online ones.  But I can confirm that one Mustachian's Citi add from January didn't post because he didn't call to add the SSN, only did it online. It'd be a bummer to lose out on $200 (or whatever) just because of the annoyance of a 5 minute call.

FYI, I always thought that ARS recommends calling in to add the SSN even if it's not required to ensure that it posts correctly (see above post about Citi).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 21, 2017, 08:53:23 AM
I have not added SSNs since BC changed their web site a few months ago.  No issues yet.  My BC is with old TL co.  No sales yet with new co on other BC card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 21, 2017, 09:05:22 AM
I wonder where arebelspy is? He hasn't been around in a while.

Quite busy with life. :)

Kind of you to notice!

I just haven't had time for participating in the forums since early March, almost 1.5 months now. From my "show unread replies to your posts," looks like I stopped foruming March 7. The only foruming I've done since then has been (in order of priority):
1) Responding to PMs.
2) Popping on to respond to moderation requests or problems with the site (after the server move).
3) Responding in this thread.

I haven't done #3 in a week or two either now, but you guys seem to handle most stuff.  :)

I do keep an eye on the thread via email notifications (thus me seeing this comment) and have some comments/suggestions sometimes, but nothing major enough for me to worry about jumping in, unless no one responds to something and I need to send a PM. (Tip: if you get an unhelpful CS representative, just say thanks, hang up, and try a different one).

I'm in SoCal right now (flew back from Japan earlier this week), and probably going to meet up in person with owner of new company, so that'll be good. Headed to Seattle soon. Would love to meet up with any Mustachians.  :)

Like I said above though, I respond to all PMs, usually quite quickly, definitely within 24 hours, even if I've scaled back my normal participation. If you need anything, or have any questions, don't hesitate to contact me, and I'll do my best to help. Asking in this thread usually works great as a first resort though.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 21, 2017, 09:30:10 AM
Got my first add with new company since joining on Jan 3rd - yay! (coincidentally got one with old company on the same day as well, on a different card that I have with them). Overall it's been a productive day :). Thank you ARS, we have been enjoying the extra cash in our early FIRE days.

Awesome!  :)

Quote
New company wants me to call Citi to make sure the SSN is added. I suppose this is to ensure the tradeline posts correctly, but what a pain. I'll make the 2-5 mins call, but it was nice to just be able to add online and not have to deal with anyone over the phone.

Yeah, the phone calls are a pain in the rear. I love the all online ones.  But I can confirm that one Mustachian's Citi add from January didn't post because he didn't call to add the SSN, only did it online. It'd be a bummer to lose out on $200 (or whatever) just because of the annoyance of a 5 minute call.

FYI, I always thought that ARS recommends calling in to add the SSN even if it's not required to ensure that it posts correctly (see above post about Citi).

The reason Citi doesn't work is because the tradeline company doesn't give you the AU's address. IIRC, Citi does have a field to put this address, so I don't know why they don't provide that information.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on April 21, 2017, 11:16:40 AM
Payment should be sent 4 weeks from your card statement closing. I have them DD and it usually takes a few days from there. If it goes more than a week, I would contact them. If you're getting a paper check mailed to you, you might give it a week and a half before contacting them.

4 weeks after which statement closing?

My first add was March 14, right before closing. I have to keep the AU on until approx. May 14 to fulfill my obligation. When would I expect to be paid?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 21, 2017, 11:23:23 AM
Payment should be sent 4 weeks from your card statement closing. I have them DD and it usually takes a few days from there. If it goes more than a week, I would contact them. If you're getting a paper check mailed to you, you might give it a week and a half before contacting them.

4 weeks after which statement closing?

My first add was March 14, right before closing. I have to keep the AU on until approx. May 14 to fulfill my obligation. When would I expect to be paid?

I don't think it's that structured. Still waiting for my payment from one that closed on 3/6.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 21, 2017, 11:34:01 AM
Payment should be sent 4 weeks from your card statement closing. I have them DD and it usually takes a few days from there. If it goes more than a week, I would contact them. If you're getting a paper check mailed to you, you might give it a week and a half before contacting them.

4 weeks after which statement closing?

My first add was March 14, right before closing. I have to keep the AU on until approx. May 14 to fulfill my obligation. When would I expect to be paid?

You won't get paid within 4 weeks of the add. Expect it more like 8 weeks or so. That seems to be about average. You added in March so payment "should" be sometime in May. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on April 21, 2017, 11:50:25 AM
I got a email request today about 4:30 pm to add AU to my PNC card- first AU for that card.  I was supposed to add him today and instructions were to call PNC to add, not add online.  I ask to put on an AU and got put on hold for a bit.  Then I gave the person's name (spelled it out) and was asked if the person lived with me.  I said no, he lives in California and that I have his address. Before making the call, I had done some googling of the name and figured it was a male Iranian name.  I figured I would have to give his address so why say he lives with me. Then I was put on hold again for a few minutes.  Then a different customer representative asked me who the person was and I said it was a friend of my nephew's.  They said this was a high risk situation and that I would have to go to a PNC bank branch to add this person. I said the person lives in CA but is staying here with me temporarily.  I asked if I would have to take the person with me to PNC branch.  They said yes and I told him I would have to find a PNC branch and I was not sure I had time to take off work to do this.  I asked why it was a risky situation, given that I am responsible for paying the bill and they said it was because this person lived in California (I live in east coast state).  I acted annoyed and said I may try to put him on one of my other credit cards.  I never had a chance to give the address, SSN or DOB.

I have emailed the company about this but have not heard anything back.

Wow that's a challenge!

The other thing that went wrong on this PNC call was that I was unable to give an answer to one of the initial security questions about my Mom.  A year or so ago, I stopped providing actual family names for security questions for financial accounts and was assigning ficticous names and keeping track of them.  i did not have this info handy when I called PNC and I told them so, so they asked me some other questions like DOB and last four of SS and I thought I was all good.  But this may have flagged me as a potential fraud problem, which led to further questioning by the 2nd CSR and them scrutinizing the request.  It turns out my security info that I have been tracking for PNC did not involve my mother, so they probably have the actual name they were seeking from when I established an account with years ago and I did not have that name written down.  Lessons learned, have all the correct security info you need before you make the phone call.

I did hear back from the company and they said they have never experienced that kind of problem with PNC, that PNC is pretty reliable.  We discussed trying to add again and telling PNC that the AU lives with me, but then thought maybe the backtracking might be a risk, so I am going to take a pass on this and the company is going to try and get this AU a replacement card.  So hopefully this is not a PNC problem that others need to worry about, but me just screwing up on the call.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on April 21, 2017, 01:29:25 PM
Payment should be sent 4 weeks from your card statement closing. I have them DD and it usually takes a few days from there. If it goes more than a week, I would contact them. If you're getting a paper check mailed to you, you might give it a week and a half before contacting them.

4 weeks after which statement closing?

My first add was March 14, right before closing. I have to keep the AU on until approx. May 14 to fulfill my obligation. When would I expect to be paid?

You won't get paid within 4 weeks of the add. Expect it more like 8 weeks or so. That seems to be about average. You added in March so payment "should" be sometime in May.

Good to know. Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 21, 2017, 02:28:50 PM
Glad to hear you'll - Arebelspy - likely meet with the owner of the tradeline company.
 Face-to-face meetings are probably the best way to develop trust, get a sense of how things are going, I just think the communication all around is vastly improved.
 I'll bet you'll have some great suggestions for the owner - you have a lot of experience with websites.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TWoK on April 22, 2017, 06:52:21 AM
I got a email request today about 4:30 pm to add AU to my PNC card- first AU for that card.  I was supposed to add him today and instructions were to call PNC to add, not add online.  I ask to put on an AU and got put on hold for a bit.  Then I gave the person's name (spelled it out) and was asked if the person lived with me.  I said no, he lives in California and that I have his address. Before making the call, I had done some googling of the name and figured it was a male Iranian name.  I figured I would have to give his address so why say he lives with me. Then I was put on hold again for a few minutes.  Then a different customer representative asked me who the person was and I said it was a friend of my nephew's.  They said this was a high risk situation and that I would have to go to a PNC bank branch to add this person. I said the person lives in CA but is staying here with me temporarily.  I asked if I would have to take the person with me to PNC branch.  They said yes and I told him I would have to find a PNC branch and I was not sure I had time to take off work to do this.  I asked why it was a risky situation, given that I am responsible for paying the bill and they said it was because this person lived in California (I live in east coast state).  I acted annoyed and said I may try to put him on one of my other credit cards.  I never had a chance to give the address, SSN or DOB.

I have emailed the company about this but have not heard anything back.
Hang Up, Call Again (HUCA)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on April 23, 2017, 12:18:19 PM
Anyone I'd any issues with a Capital One GM Card?   Both of mine failed last month.

Arebelspy, any insights from the owner of the company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LukeS on April 23, 2017, 07:08:26 PM
I have two cards that are old enough / high enough limit for this; a citi and a Bank of America that each have an existing authorized user that I will be keeping on them, so this is exciting but could be so much better if I had several existing cards.

I would like to get 2 or 3 more accounts established and maturing in age for this sort of use down the road, any recommendations on specific cards with no annual fee that have decent sign up bonuses?  Preferably statement credit or check rather than specific purpose like airfare tickets.  Also I don't really like the idea of manufactured spending so no crazy spending requirements.

: )

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: y3ll0wsubmarine on April 24, 2017, 08:12:40 AM
I got a email request today about 4:30 pm to add AU to my PNC card- first AU for that card.  I was supposed to add him today and instructions were to call PNC to add, not add online.  I ask to put on an AU and got put on hold for a bit.  Then I gave the person's name (spelled it out) and was asked if the person lived with me.  I said no, he lives in California and that I have his address. Before making the call, I had done some googling of the name and figured it was a male Iranian name.  I figured I would have to give his address so why say he lives with me. Then I was put on hold again for a few minutes.  Then a different customer representative asked me who the person was and I said it was a friend of my nephew's.  They said this was a high risk situation and that I would have to go to a PNC bank branch to add this person. I said the person lives in CA but is staying here with me temporarily.  I asked if I would have to take the person with me to PNC branch.  They said yes and I told him I would have to find a PNC branch and I was not sure I had time to take off work to do this.  I asked why it was a risky situation, given that I am responsible for paying the bill and they said it was because this person lived in California (I live in east coast state).  I acted annoyed and said I may try to put him on one of my other credit cards.  I never had a chance to give the address, SSN or DOB.

I have emailed the company about this but have not heard anything back.

Wow that's a challenge!

The other thing that went wrong on this PNC call was that I was unable to give an answer to one of the initial security questions about my Mom.  A year or so ago, I stopped providing actual family names for security questions for financial accounts and was assigning ficticous names and keeping track of them.  i did not have this info handy when I called PNC and I told them so, so they asked me some other questions like DOB and last four of SS and I thought I was all good.  But this may have flagged me as a potential fraud problem, which led to further questioning by the 2nd CSR and them scrutinizing the request.  It turns out my security info that I have been tracking for PNC did not involve my mother, so they probably have the actual name they were seeking from when I established an account with years ago and I did not have that name written down.  Lessons learned, have all the correct security info you need before you make the phone call.

I did hear back from the company and they said they have never experienced that kind of problem with PNC, that PNC is pretty reliable.  We discussed trying to add again and telling PNC that the AU lives with me, but then thought maybe the backtracking might be a risk, so I am going to take a pass on this and the company is going to try and get this AU a replacement card.  So hopefully this is not a PNC problem that others need to worry about, but me just screwing up on the call.

I always add my PNC AUs via the website, and they respond within a day that it has been added. This time, however, I got the same response you did - please bring the person into the bank.

So, I called and was able to add no issue.

However I feel, like you do, that probably our accounts are being looked at with more scrutiny so I am pausing my PNC for now. Don't want to get it canceled.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 24, 2017, 08:55:56 AM
I have two cards that are old enough / high enough limit for this; a citi and a Bank of America that each have an existing authorized user that I will be keeping on them, so this is exciting but could be so much better if I had several existing cards.

I would like to get 2 or 3 more accounts established and maturing in age for this sort of use down the road, any recommendations on specific cards with no annual fee that have decent sign up bonuses?  Preferably statement credit or check rather than specific purpose like airfare tickets.  Also I don't really like the idea of manufactured spending so no crazy spending requirements.

: )

Ask the tradeline company for a list of preferred cards.  They do change over time.  I have the list printed and posted on my pegboard in front of me.  I also assume that any card I give to them is going to eventually be cancelled, so if you use a certain card all the time, don't list it.  I use Citi doublecash and a number of chase cards all the time so none of these are listed with the tradeline company.  Any listed card can be cancelled and I really don't care other than losing the tradeline income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoping2retire35 on April 25, 2017, 08:56:46 AM
So they are taking BoA now?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Lis on April 25, 2017, 12:17:48 PM
Following along. Have one eligible card (BofA) that may not be eligible? Also considering opening up a new card for this purpose (knowing I'll have to wait a year for this). It seems the general consensus is Barclays?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 25, 2017, 01:07:39 PM
So they are taking BoA now?

Nope.  You can enter it, but it goes from pending immediately to resting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on April 25, 2017, 08:18:10 PM
Anyone I'd any issues with a Capital One GM Card?   Both of mine failed last month.

Arebelspy, any insights from the owner of the company?
That would seem to be a no.

Maybe someone else will have a different experience
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on April 26, 2017, 01:01:55 PM
I received a text today, referencing a past order: "Login to your Custom Documents and upload this credit card for [customer name]!"

I found the "Customer Documents" section of the online portal, but I am not sure what they want - a photo of the credit card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on April 26, 2017, 01:20:07 PM
I received a text today, referencing a past order: "Login to your Custom Documents and upload this credit card for [customer name]!"

I found the "Customer Documents" section of the online portal, but I am not sure what they want - a photo of the credit card?
Today I too received a similar text message and email requesting me to upload a photo of the Citibank AU credit cards...which I do not have because I destroyed them for my two April adds. I provided a screenshot proving both AUs were successfully added (a balance also posted) and asked them to advise me how to proceed. Has anyone else received similar communication? Would it raise a red flag for Citi if I requested additional cards for the AUs to be mailed to me?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: trailcamaddict on April 26, 2017, 01:47:50 PM
Got my first add this week and noticed that the buyer's social security card shows a date in the bottom right corner which is for a date in the future.  Is this a fake, or some other interesting circumstance?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 26, 2017, 01:54:46 PM
Yep, I received this email too:

Quote
A broker has notified us that your credit card line has not reported on the customer's report.  Sometimes this can happen by no fault of anyone's....however in an effort to be transparent, We want to show proof to our broker that the their customer was in fact added to your credit card as an Authorized User.  Please take a picture of the Authorized User's card that you received in the mail and upload it to the customers profile under CUSTOMER DOCUMENTS under OTHER TOOLS on our website.  If you need help or do not know how to do this please contact us A.S.A.P. and we will gladly help you with this small task.  VERY IMPORTANT.  When you take the pic of the users credit card COVER UP THE CREDIT CARD NUMBER COMPLETELY.   We do not want to see your card number. 

ARS is apparently able to sell tradelines while nomadic, but it's becoming quite the hassle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 26, 2017, 03:30:09 PM
It sounds like the new rule should be get the credit card for the authorized user, and then keep the credit card for the duration of the time you have the authorized user added on your card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 26, 2017, 03:51:28 PM
It sounds like the new rule should be get the credit card for the authorized user, and then keep the credit card for the duration of the time you have the authorized user added on your card.

New company has always advised me to keep the AU card after I receive it.  I only destroy it after removing the AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 26, 2017, 04:14:03 PM
On the portal, does "conf'd" next to Posted mean "confirmed"?  ie the AU posting properly was confirmed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 26, 2017, 05:49:41 PM
It sounds like the new rule should be get the credit card for the authorized user, and then keep the credit card for the duration of the time you have the authorized user added on your card.

New company has always advised me to keep the AU card after I receive it.  I only destroy it after removing the AU.
That's been my method, easy way to track the AU is to just keep the card by my computer and shred when removed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on April 26, 2017, 07:57:29 PM
I sent in a photo of the front/back of the card in question and then wrote an email asking if I'd still be paid for the add - haven't heard back yet. I have kept issued cards for a few months afterward out of habit - happy I didn't shred this one, as this is the first time I've had a request like this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 26, 2017, 08:12:22 PM
The email I received was re: Elan.

The subsequent email that they sent me:

Quote
Hi,

We are new to using Elan cards but we are finding that they are not reliable.  Your choice we can still send you adds for this card with  a minimal rate of posting or discontinue.  Let me know.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 26, 2017, 08:34:16 PM
That explains why my Elan card wasn't getting any adds
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on April 26, 2017, 11:57:55 PM
Has anyone seen a correlation between credit score and the number of adds? Or do you think it's purely an age/credit limit combo?

Just wondering. It seems that US Bank and Discover have been my only cards to get requests, but I've gotten a couple/month so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 27, 2017, 07:49:19 AM
Has anyone seen a correlation between credit score and the number of adds? Or do you think it's purely an age/credit limit combo?

Just wondering. It seems that US Bank and Discover have been my only cards to get requests, but I've gotten a couple/month so far.

The TL company does not get your credit score.  The only information they have is CC company, age, and credit limit (although they could get payment history from the AU's credit report if they wanted to - I doubt they do).

So I think it is mostly CL/age.  I get the most sales on my 11 year old $34K USAA CL.  Next is a Barclays 3 year old $32,500.  I had one sale, and it was recent, on a USBank 2 year $25K.  Oddly I have a 2 year USBank $58K with no orders yet.

The other thing that I suspect matters is the closing date.  I think most CC companies report to the credit bureaus on or shortly after the closing date.  AUs who want their scores boosted are probably in a hurry - they want to close on a house, or buy a car, or whatever - so they may choose to purchase a TL that closes and reports sooner rather than later.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on April 27, 2017, 07:52:24 AM
It sounds like the new rule should be get the credit card for the authorized user, and then keep the credit card for the duration of the time you have the authorized user added on your card.

New company has always advised me to keep the AU card after I receive it.  I only destroy it after removing the AU.
That's been my method, easy way to track the AU is to just keep the card by my computer and shred when removed.

Shit, I shredded all 3 of mine after I put small charges on them. I'll start keeping them now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 27, 2017, 09:02:17 PM
Everyone should have been paid for March's adds today.  Should be in the bank in 2-3 business days, but you should have received an email.

EDIT: I spoke too soon on the latter. The owner is going out of town for the weekend, so he wanted to get all payments out, but didn't also have time to send out the confirmation emails on that. If you see your AU is green in the portal, it posted, and you should be paid.  If it was a March sale under the old system (not in the portal), you should have been paid as well for that.

So payments are on their way.

If by, say, Tuesday, you have not received it in your bank account, PM me and I can check into it for you!  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 28, 2017, 07:53:00 AM
Thanks arebelspy, I have sent two emails about payment and was beginning to wonder!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on April 28, 2017, 09:01:52 AM
Writing to report that the transition to the portal worked well for me. I've been paid and removed AUs for the adds I had pre-portal, and added my first two AUs the other day through the portal.  Thanks for the tip, ARS, I'll look in the portal to see when they turn green (they should choose other colors besides red/green for colorblind cardholders- magenta instead of red works)

It sounds like they are on the tail end of the transition to the portal. Hopefully it's as smooth for the rest of you once the March pre-portal adds complete their cycle.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on April 28, 2017, 10:43:55 AM
Everyone should have been paid for March's adds today.  Should be in the bank in 2-3 business days, but you should have received an email.

EDIT: I spoke too soon on the latter. The owner is going out of town for the weekend, so he wanted to get all payments out, but didn't also have time to send out the confirmation emails on that. If you see your AU is green in the portal, it posted, and you should be paid.  If it was a March sale under the old system (not in the portal), you should have been paid as well for that.

So payments are on their way.

If by, say, Tuesday, you have not received it in your bank account, PM me and I can check into it for you!  :)

When you say "March's adds" what are the add dates we are talking about?  I am thinking this means the AUs name is in the March column on the portal but wanted to confirm. 

My main card closes right around the beginning of the month so I had two adds in late March but these would be April adds correct?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 28, 2017, 11:15:24 AM
When you say "March's adds" what are the add dates we are talking about?  I am thinking this means the AUs name is in the March column on the portal but wanted to confirm. 

My main card closes right around the beginning of the month so I had two adds in late March but these would be April adds correct?

Under "order history" you should have buttons for the months.  Click March. (If you don't have those buttons, set the search range at the top from 3/1 to 3/31).

If an order shows up there, it should have been paid (green if it posted, and then payment should be on the way, red if it didn't post).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sirdoug007 on April 28, 2017, 12:22:28 PM
When you say "March's adds" what are the add dates we are talking about?  I am thinking this means the AUs name is in the March column on the portal but wanted to confirm. 

My main card closes right around the beginning of the month so I had two adds in late March but these would be April adds correct?

Under "order history" you should have buttons for the months.  Click March. (If you don't have those buttons, set the search range at the top from 3/1 to 3/31).

If an order shows up there, it should have been paid (green if it posted, and then payment should be on the way, red if it didn't post).

Thanks for the clarification!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: timmers78 on April 29, 2017, 03:25:31 PM
Finally got a couple adds after signing up early this year.  I know we are to select "yes" when asked if we want credit cards sent when adding AU's but do we actually activate them once received?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 29, 2017, 03:32:55 PM
Finally got a couple adds after signing up early this year.  I know we are to select "yes" when asked if we want credit cards sent when adding AU's but do we actually activate them once received?

I've done about 10 sales now and have not activated any.  Don't think it matters.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 29, 2017, 03:39:17 PM
Finally got a couple adds after signing up early this year.  I know we are to select "yes" when asked if we want credit cards sent when adding AU's but do we actually activate them once received?

I've done about 10 sales now and have not activated any.  Don't think it matters.

I activate them all.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 29, 2017, 04:13:31 PM
Anyone else get paid more than they expected for their March adds?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on April 29, 2017, 05:26:05 PM
Anyone else get paid more than they expected for their March adds?

I haven't received the $ for my March add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 29, 2017, 06:29:53 PM
Anyone else get paid more than they expected for their March adds?

I haven't received the $ for my March add.

OK.  Mine shows as pending at my bank and it is for $25 more than I expected.  I emailed new company owner, but just curious if it was a one off or systemic thing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 30, 2017, 06:27:53 AM
Folks here may be interested  in this - apparently in many areas you can sign up to have the USPS email you images of your incoming (letter sized) mail when it's sorted. The sorting machines take images anyway, they decided to start making the images available to customers.

https://informeddelivery.usps.com/box/pages/intro/start.action
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 30, 2017, 11:42:09 AM
Folks here may be interested  in this - apparently in many areas you can sign up to have the USPS email you images of your incoming (letter sized) mail when it's sorted. The sorting machines take images anyway, they decided to start making the images available to customers.

https://informeddelivery.usps.com/box/pages/intro/start.action
Why would you want that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 30, 2017, 12:59:38 PM
Folks here may be interested  in this - apparently in many areas you can sign up to have the USPS email you images of your incoming (letter sized) mail when it's sorted. The sorting machines take images anyway, they decided to start making the images available to customers.

https://informeddelivery.usps.com/box/pages/intro/start.action
Why would you want that?
Maybe your mail carriers are perfect. Mine aren't (especially the Saturday/vacation fill-in guy) - I regularly get mail addressed to random neighbors. I often wonder if they are as good at redelivery as I am.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on April 30, 2017, 11:20:59 PM
Finally got a couple adds after signing up early this year.  I know we are to select "yes" when asked if we want credit cards sent when adding AU's but do we actually activate them once received?

I have not been having cards sent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on May 01, 2017, 08:33:38 AM
Got paid for my first add, $250 of "free" money straight to checking (and then Vanguard of course). Looking forward to another payment at the end of this month.

Thanks ARS!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on May 01, 2017, 10:29:02 AM
I think there are lots of people flooding these sites outside of us.  When Company 1 over here changed their policy and ARS found company 2.  there were large outflows from Company 1 to many other TL vendors.  The company i use appears to be getting me about as many adds as i would else where. 

the market is saturated with good vendors now it appears.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on May 01, 2017, 04:53:46 PM
I am curious if anyone else is getting flooded with mail at their homes addressed to the authorized users? Also curious about the type of mail you may have received and if you have any insights into why/how this happens?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on May 01, 2017, 06:59:28 PM
I am curious if anyone else is getting flooded with mail at their homes addressed to the authorized users? Also curious about the type of mail you may have received and if you have any insights into why/how this happens?

I am getting some mail for a couple of the authorized users, probably because my address was part of their credit report, and companies may want to offer them credit cards now or something.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 01, 2017, 07:14:29 PM
I have never received mail for an AU.  But I use a mail service.  It may be worth paying for an online virtual mail box to do your AU sales from, if you do enough of them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on May 01, 2017, 07:59:18 PM
Finally got my first add after being signed up for over 120 days.
Discover is asking that I upload documents proving soc sec number/name/physical address over the next 10 days...anyone else had this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on May 02, 2017, 08:52:59 AM
I received a text today, referencing a past order: "Login to your Custom Documents and upload this credit card for [customer name]!"

I found the "Customer Documents" section of the online portal, but I am not sure what they want - a photo of the credit card?
Today I too received a similar text message and email requesting me to upload a photo of the Citibank AU credit cards...which I do not have because I destroyed them for my two April adds. I provided a screenshot proving both AUs were successfully added (a balance also posted) and asked them to advise me how to proceed. Has anyone else received similar communication? Would it raise a red flag for Citi if I requested additional cards for the AUs to be mailed to me?
Providing a brief update. I received confirmation that I could disregard this notification as you do not need to provide a copy of the of card for the authorized user or a photo of card, YMMV. It appears that in this instance, their programmer inadvertently inputted the incorrect draft of the email that should have gone out to me. Sadly I was informed that my two adds did not post to my credit file for April*. My billing cycle closes today so I'll provide a subsequent update if the AUs post for May, although I was told it is unlikely.

*This may be due to Citi mistakenly closing this card instead of a different Citi card that got hit with some fraudulent charges within the same day I received notification to add the AUs for April. Even though the AUs were added successfully it took a couple days to resolve and re-open the card.
Arebelspy why don't you start a tradeline company so that you can put all our good credit lines to use?

Well, this may be finally happening.  This post is to gauge interest.

I may be partnering with someone to sell tradelines privately.  Met with him in person last week. (Met with owner of the current company, also, incidentally, the next day.)

Have already been selling some lines, just in the past week (and he's been selling some privately for about 10 months).  The downside you'd face here versus the currently recommended company (and even the old company) is much less time in the business and experience, i.e. none.  We'd be figuring it out as we go.  Likely higher risk of card closure. No portal.

The upside is a higher commission schedule and/or more slots sold (rather than taking on dozens or hundreds of cardholders, we'd start with a small handful, sell out all their slots, then add more slowly, as we increase capacity).

I may soon ask if people want to beta their cards with me.

I'd still recommend most people use the currently recommended company.  But if you have a card you are okay burning to try for a bit getting high commissions and lots of sales, it may be something you're interested in.  (And, obviously, we're following basically the same guidelines in terms of slots per card issuer as the other TL companies, and we'll be verifying AUs, and hoping not to have any cards cancelled, but we would make mistakes, so I wouldn't be surprised if our closure rate is higher.)

FWIW, I don't know why some Mustachian didn't decide to start a tradeline company--this has been on the forums since last July, almost 10 months now, and it took an outsider who found the thread through Googling to start something.  Seems like a good way to make a LOT of money, i.e. in the millions. I'm just not interested in doing it all myself due to the work involved. Still surprised some entrepreneur here didn't go for it. I think if you're willing to put in 60-80 hours/week initially, and 30-40 going forward, you can make millions if you can scale it.  Then again, maybe most here are close enough to FI not to want to start a whole business.  :)
This is probably a silly question Joe but hypothetically speaking, your tradeline company is successful and you are inviting/selecting Mustachians to beta their cards, we cannot double dip and use an existing card at more than one tradeline company? I assume this would drastically increase the probability of closure, just want to confirm.

MOD EDIT: Left this thread in this post, rather than splitting it over to the new thread, due to the first half, but the second half of this post was answered here (https://forum.mrmoneymustache.com/share-your-badassity/arebelspy's-mustachian-tradeline-company/msg1536657/#msg1536657).  /END EDIT.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Greenback Reproduction Specialist on May 02, 2017, 02:34:46 PM
posting to follow
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 03, 2017, 08:28:49 AM
MOD NOTE:
Discussion on launching a Mustachian tradeline company has been split to a new thread in the Entrepeneurship subforum

Arebelspy's Mustachian Tradeline Company (https://forum.mrmoneymustache.com/entrepreneurship/arebelspy's-mustachian-tradeline-company/)

Please take any discussion of creating a new TL company there; general discussion about tradeline sales, and new and old company will remain here.

Cheers!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: whitedragon on May 03, 2017, 09:42:17 AM
Finally got my first add after being signed up for over 120 days.
Discover is asking that I upload documents proving soc sec number/name/physical address over the next 10 days...anyone else had this?

Speaking of being signed up for over 120 days and not getting an add...

I got an email Monday night asking if I had made the adds requested before the deadline, and to not bother if I had not.  I checked my email, noting no correspondence of any kind, and replied stating as such.

I got a rather terse reply stating that I should check my junk email folder and to ensure that I had signed up for SMS alerts.  (I already had upon signup.)

I sent a reply back stating that I don't have anything on the website, in my email or on my phone telling me to do anything, and that I have not had any activity since signup in late December, and that there possibly is an error in their database.

Waiting for the reply, but I'm starting to feel like Sol a little bit here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on May 03, 2017, 10:24:01 AM
There seems to be some breakdowns related to the email communications being generated from their system. I've received email notifications regarding AU adds. However, for the March payment that ARS posted about last week, I never received an email confirming payment was on it's way. However, the money arrived in my account yesterday!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on May 03, 2017, 11:22:15 AM
There seems to be some breakdowns related to the email communications being generated from their system. I've received email notifications regarding AU adds. However, for the March payment that ARS posted about last week, I never received an email confirming payment was on it's way. However, the money arrived in my account yesterday!

Well, no email nor the payment has arrived for me for the March adds. I sent an email to the owner asking for a confirmation that payment was sent but no response yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on May 03, 2017, 11:45:18 AM
Waiting for the reply, but I'm starting to feel like Sol a little bit here.

For the record, my adds have gone smoothly once we switched to the online portal.  March was just recently paid.

And in email correspondences the owner has seemed responsive to concerns.  I think they're still struggling with the portal migration, so hopefully things will calm down once that's under control.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 03, 2017, 11:59:30 AM
Sounds like they are going through the long list of Mustachians that signed up. I received adds immediately upon signing up in early Jan, one in Feb and not a peep since. I have a fantastic card signed up as well. Not sure who all if anyone is seeing consistent adds (besides ARS). My cards actually say "resting" on the portal. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on May 03, 2017, 12:08:33 PM
There seems to be some breakdowns related to the email communications being generated from their system. I've received email notifications regarding AU adds. However, for the March payment that ARS posted about last week, I never received an email confirming payment was on it's way. However, the money arrived in my account yesterday!

Well, no email nor the payment has arrived for me for the March adds. I sent an email to the owner asking for a confirmation that payment was sent but no response yet.

Same here. I got an out of office auto reply.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on May 03, 2017, 01:00:41 PM
I think a lot depends on what cards you signed up. I have a feeling that certain cards are less desirable combined with their being a high supply of those cards. Which in turn means less sales - so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on May 03, 2017, 02:50:47 PM
Do I have to email the company to increase the limit on a currently-active card? Just got my Discover increased to $21.9k.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on May 03, 2017, 03:42:43 PM
Do I have to email the company to increase the limit on a currently-active card? Just got my Discover increased to $21.9k.

you create a ticket in the portal. That will send them an email.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on May 03, 2017, 03:55:42 PM
Do I have to email the company to increase the limit on a currently-active card? Just got my Discover increased to $21.9k.

you create a ticket in the portal. That will send them an email.

Thanks. Just submitted a ticket.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on May 03, 2017, 05:01:16 PM
For any USAA card holders: How do you answer the employment question when calling USAA to add the AU? I say self employed as instructed by the company, and it just opens up a whole bunch of other questions that I really wasn't prepared for... anyone found an easy answer that won't lead to additional questions that we haven't been provided the answer to?



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 03, 2017, 05:25:44 PM
For any USAA card holders: How do you answer the employment question when calling USAA to add the AU? I say self employed as instructed by the company, and it just opens up a whole bunch of other questions that I really wasn't prepared for... anyone found an easy answer that won't lead to additional questions that we haven't been provided the answer to?

Nope.  It does seem that USAA is using the answers you give to fill out a customer profile that they have to create for each AU before they add them to your credit card.  I think it's to comply with the anti-terrorist "Know your customer" laws.  I think as long as your answers are consistent and reasonable you will be able to add the AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on May 03, 2017, 05:33:59 PM
For whatever reason, I have only been asked the employer question on my USAA adds once (out of 3). And it was awkward. No, I don't know what Mr. X's degree is in, and why does it matter? It freaked me out at the time since it was my first add but since then it hasn't happened. I think it depends maybe on what you say your relationship to the person is? I think for the first one I said "business associate" or something. For the other adds I think I said contractor.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on May 03, 2017, 07:15:30 PM
Yeah I got asked 3 out of 4 times so far. I've been able to make all the adds so far. I was really caught off guard the first time they asked but managed to make it through. Just looking for an easier way. Thanks for the help.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rharringtonx on May 04, 2017, 03:55:37 AM
For any USAA card holders: How do you answer the employment question when calling USAA to add the AU? I say self employed as instructed by the company, and it just opens up a whole bunch of other questions that I really wasn't prepared for... anyone found an easy answer that won't lead to additional questions that we haven't been provided the answer to?

"Unemployed at the moment" works for me!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 04, 2017, 05:21:58 AM
I can't recall if I was asked that or not. I have been asked every time if they are active or former military. I just say no so they don't go trying to sell USAA products. I think most are just standard questions and the rep doesn't seem to really care about the answers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on May 04, 2017, 09:33:59 AM
It means nobody requested an add, and now those months are unavailable because they're in the past.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 04, 2017, 09:35:31 AM
I've never received an add request since adding two cards in January. I just logged into the portal to see if I might be missing something, and I noticed that, for past months, it says "unavailable" under "Note to Card Holder." Does anyone know what that means? Does that mean my card was unavailable, or does it mean no one requested an add?

Once it passes the statement date for that month, it switches from available to unavailable for that month.  All past months should either show the name of an AU, or unavailable, if there was no orders.  If it's showing available for the future, and the card status is not "resting," you should be good to go.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 04, 2017, 11:15:40 AM
I've never received an add request since adding two cards in January. I just logged into the portal to see if I might be missing something, and I noticed that, for past months, it says "unavailable" under "Note to Card Holder." Does anyone know what that means? Does that mean my card was unavailable, or does it mean no one requested an add?

Once it passes the statement date for that month, it switches from available to unavailable for that month.  All past months should either show the name of an AU, or unavailable, if there was no orders.  If it's showing available for the future, and the card status is not "resting," you should be good to go.

Is there an issue with cards showing as "resting?"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 04, 2017, 11:29:03 AM
I've never received an add request since adding two cards in January. I just logged into the portal to see if I might be missing something, and I noticed that, for past months, it says "unavailable" under "Note to Card Holder." Does anyone know what that means? Does that mean my card was unavailable, or does it mean no one requested an add?

Once it passes the statement date for that month, it switches from available to unavailable for that month.  All past months should either show the name of an AU, or unavailable, if there was no orders.  If it's showing available for the future, and the card status is not "resting," you should be good to go.

Is there an issue with cards showing as "resting?"

If it's resting, it's not for sale.

Only B of A cards should be resting right now (and they recently moved some of those to active to test, and will be moving more active next week).

If you have a non-B of A card that is resting, that you didn't request to be put on hold, you should contact them to find out why.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on May 04, 2017, 11:31:51 AM
I've never received an add request since adding two cards in January. I just logged into the portal to see if I might be missing something, and I noticed that, for past months, it says "unavailable" under "Note to Card Holder." Does anyone know what that means? Does that mean my card was unavailable, or does it mean no one requested an add?

Once it passes the statement date for that month, it switches from available to unavailable for that month.  All past months should either show the name of an AU, or unavailable, if there was no orders.  If it's showing available for the future, and the card status is not "resting," you should be good to go.

Is there an issue with cards showing as "resting?"

If it's resting, it's not for sale.

Only B of A cards should be resting right now (and they recently moved some of those to active to test, and will be moving more active next week).

If you have a non-B of A card that is resting, that you didn't request to be put on hold, you should contact them to find out why.

I believe Chase cards are also resting. At least, mine is.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 04, 2017, 12:23:27 PM
I've never received an add request since adding two cards in January. I just logged into the portal to see if I might be missing something, and I noticed that, for past months, it says "unavailable" under "Note to Card Holder." Does anyone know what that means? Does that mean my card was unavailable, or does it mean no one requested an add?

Once it passes the statement date for that month, it switches from available to unavailable for that month.  All past months should either show the name of an AU, or unavailable, if there was no orders.  If it's showing available for the future, and the card status is not "resting," you should be good to go.

Is there an issue with cards showing as "resting?"

If it's resting, it's not for sale.

Only B of A cards should be resting right now (and they recently moved some of those to active to test, and will be moving more active next week).

If you have a non-B of A card that is resting, that you didn't request to be put on hold, you should contact them to find out why.

Both of my cards show resting. Neither are B of A cards. I sent an email asking why. No response
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 04, 2017, 12:25:59 PM
Both of my cards show resting. Neither are B of A cards. I sent an email asking why. No response

PM me the email address you signed up with, and I will look into it.

Just a reminder to everyone: PM me if you have an issue.  I don't try to track down people making comments in the thread, as I assume they're just informing everyone else, but anyone who PMs me with an issue, I always make sure to get it resolved.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on May 05, 2017, 06:58:11 AM
Chase & BofA cards are resting for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 05, 2017, 07:32:21 AM
Fixed, thanks ARS. FYI heard back from the owner as well and he stated that they will occasionally put cards into a resting state if they don't want to put anymore AUs on those cards for a couple of months to avoid any potential shutdowns. I am perfectly fine with that as long as they don't remain in that state.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on May 06, 2017, 03:05:57 AM
I just received my first AU with new company for my $20k, five year old cap one card.

Adding the AU was easy, even if the html replete with DUPLO pop-up loading bar widgets took me back to 2004.

 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 06, 2017, 12:47:09 PM
Adding the AU was easy, even if the html replete with DUPLO pop-up loading bar widgets took me back to 2004.

Ha!  I really enjoy the loading bar...  :)  At least, there are no BLINK tags.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on May 06, 2017, 05:11:12 PM
Finally got my first add today after months of waiting. 

I was asked by Barclay rep if the person was a US citizen.  ARS, can we assume all the new company's clients are US citizens?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 06, 2017, 10:34:52 PM
Finally got my first add today after months of waiting. 

I was asked by Barclay rep if the person was a US citizen.  ARS, can we assume all the new company's clients are US citizens?

Yep!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on May 07, 2017, 09:02:46 AM
Finally got my first add today after months of waiting. 

I was asked by Barclay rep if the person was a US citizen.  ARS, can we assume all the new company's clients are US citizens?

Yep!

great, thank you!

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TWoK on May 07, 2017, 04:47:32 PM
I received a call from USAA today about the two recent authorized users cards I added. They were flagged for potential fraud. I was specifically asked if these were part of a credit repair business by the representative. Also, as this TL company doesn't include gender information I am at al loss of with these add requests. USAA always asks and I can't tell anything from these names. These first 4 adds I've had haven't been worth the trouble.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 07, 2017, 06:31:05 PM
I received a call from USAA today about the two recent authorized users cards I added. They were flagged for potential fraud. I was specifically asked if these were part of a credit repair business by the representative. Also, as this TL company doesn't include gender information I am at al loss of with these add requests. USAA always asks and I can't tell anything from these names. These first 4 adds I've had haven't been worth the trouble.

Wow!  This scares me just reading your experience.  I've only had one ad and made up a complete story in my head just in case but with 4 ads and the direct question....yikes.  Are you pulling this card for future ads?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 07, 2017, 07:38:39 PM
Yeah, that sounds super annoying.

I don't have any USAA cards, so I haven't dealt with any of that.

I feel like I'd put up with the hassle for a few hundred bucks, but maybe not.  Definitely appreciating the Barclays and Discover adds right now, which are all online for both adds and removals (though Discover does occasionally ask for documents, it seems pretty rare, for me).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TWoK on May 07, 2017, 08:42:16 PM
Yeah, that sounds super annoying.

I don't have any USAA cards, so I haven't dealt with any of that.

I feel like I'd put up with the hassle for a few hundred bucks, but maybe not.  Definitely appreciating the Barclays and Discover adds right now, which are all online for both adds and removals (though Discover does occasionally ask for documents, it seems pretty rare, for me).

So the plot gets thicker. Well I though things were good to go, but I was called back by a
higher level fraud supervisor and grilled for an hour. I was told that
both of these people are from eastern bloc countries (doesn't seen
like it from the names) but I had no choice in their authorized user
accounts being closed. It sounds like one of the actually stole an
identity of someone in the military or was actively impersonating a
military member. Both people I added were individually flagged.

This obviously causes a huge loss faith in their background checks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on May 07, 2017, 08:46:44 PM

This obviously causes a huge loss faith in their background checks.

Yes it does.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on May 07, 2017, 09:27:13 PM
Quote
I was specifically asked if these were part of a credit repair business by the representative.

Did you lie? If not, how did they react?

This is why USAA isn't worth it to me - I'm sure they could decide to stop insuring me if they feel like it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TWoK on May 08, 2017, 05:21:08 AM
Quote
I was specifically asked if these were part of a credit repair business by the representative.

Did you lie? If not, how did they react?

This is why USAA isn't worth it to me - I'm sure they could decide to stop insuring me if they feel like it.

If I thought coming clean would have saved my accounts then I might have but I suspect that would have been an immediate closure of all of my accounts. We'll see what happeens. They told me they'd be turning my accounts back on within 10 minutes but that was 12 hours ago. I definitely don't want to call back. I'll just see what happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 08, 2017, 05:32:59 AM
Quote
I was specifically asked if these were part of a credit repair business by the representative.

Did you lie? If not, how did they react?

This is why USAA isn't worth it to me - I'm sure they could decide to stop insuring me if they feel like it.

If I thought coming clean would have saved my accounts then I might have but I suspect that would have been an immediate closure of all of my accounts. We'll see what happeens. They told me they'd be turning my accounts back on within 10 minutes but that was 12 hours ago. I definitely don't want to call back. I'll just see what happens.

Dang that's a little scary. The names of the folks for my AU adds were difficult to pronounce (definitely not native to the US). So the thought crossed my mind of them maybe not being vetted well before I called USAA. Everything turned out ok though. This certainly makes me skeptical of their vetting process. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on May 08, 2017, 07:21:32 AM
Yeah, that sounds super annoying.

I don't have any USAA cards, so I haven't dealt with any of that.

I feel like I'd put up with the hassle for a few hundred bucks, but maybe not.  Definitely appreciating the Barclays and Discover adds right now, which are all online for both adds and removals (though Discover does occasionally ask for documents, it seems pretty rare, for me).

So the plot gets thicker. Well I though things were good to go, but I was called back by a
higher level fraud supervisor and grilled for an hour. I was told that
both of these people are from eastern bloc countries (doesn't seen
like it from the names) but I had no choice in their authorized user
accounts being closed. It sounds like one of the actually stole an
identity of someone in the military or was actively impersonating a
military member. Both people I added were individually flagged.

This obviously causes a huge loss faith in their background checks.

I don't like the sound of this at all....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on May 08, 2017, 08:52:37 AM
The names of the folks for my AU adds were difficult to pronounce (definitely not native to the US).

This is tangential to the discussion, but a slight pet peeve: You are making a lot of assumptions about whether someone was born in the US or not based on your difficulty in pronouncing their name. There are a lot of implicit cultural and racial assumptions that are slightly problematic in that. (Your guess on their place of birth may or may not be right, but it's worth questioning the assumptions and what they imply)

Also don't forget, if they had a Cherokee name, you might have trouble pronouncing it, depending on your familiarity, but it would be a stretch and maybe slightly insulting to say they are't native to the US :)

Not to detour the conversation
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 08, 2017, 09:18:36 AM
Where they were born isn't really of concern to us.  Having the story lined up might.  My (only) ad was a foreign sounding name that I practiced and when calling to add the ss #, the CSR had trouble pronouncing the first name and I jumped right in with the correct (aka, what I had pre-determined is the correct) pronunciation.  Right to ss # add and have a nice day.

I have had people say "buy a vowel!" when spelling out my last name.  It's eastern European but 3rd generation.  I actually pronounce it incorrectly from its origin.  I'm sure it would sound foreign born to someone just looking at it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 08, 2017, 09:36:18 AM
The names of the folks for my AU adds were difficult to pronounce (definitely not native to the US).

This is tangential to the discussion, but a slight pet peeve: You are making a lot of assumptions about whether someone was born in the US or not based on your difficulty in pronouncing their name. There are a lot of implicit cultural and racial assumptions that are slightly problematic in that. (Your guess on their place of birth may or may not be right, but it's worth questioning the assumptions and what they imply)

Also don't forget, if they had a Cherokee name, you might have trouble pronouncing it, depending on your familiarity, but it would be a stretch and maybe slightly insulting to say they are't native to the US :)

Not to detour the conversation

I understand after reading what I wrote that this might have come off insulting. And I apologize. I have no ideal if the AUs are native to the US but what I meant (and probably could have stated more eloquently) was that their names are not typical US names. In fact I did a bit of Googling in trying to learn how to pronounce at least one of the names and was able to find it's origination.  Quite interesting to find that it's a very rare name in the US.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on May 08, 2017, 10:18:29 AM
I have found an easy way to avoid the potential mispronunciation is to say "it would probably be best if I just spelled it for you." When I have done this and spelled it out, they haven't asked for me to say the name. I do still try to research how to pronounce it and I have it spelled out phonetically in my notes in case they do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on May 08, 2017, 10:26:59 AM
I have found an easy way to avoid the potential mispronunciation is to say "it would probably be best if I just spelled it for you." When I have done this and spelled it out, they haven't asked for me to say the name. I do still try to research how to pronounce it and I have it spelled out phonetically in my notes in case they do.

man you guys are putting alot of work into this i just call in and spell it and i'm done with it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 08, 2017, 10:31:36 AM
I have found an easy way to avoid the potential mispronunciation is to say "it would probably be best if I just spelled it for you." When I have done this and spelled it out, they haven't asked for me to say the name. I do still try to research how to pronounce it and I have it spelled out phonetically in my notes in case they do.

man you guys are putting alot of work into this i just call in and spell it and i'm done with it.

Haha, you are probably right. I probably wouldn't care if USAA wasn't such a stickler for everything. I like to be prepared.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on May 08, 2017, 10:45:36 AM
I've got one AU that I added to my card on 4/11/17, posted 4/16/17 but it says it is not confirmed yet. Is this normal or can I expect a failure on this one?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 08, 2017, 10:46:47 AM
I've got one AU that I added to my card on 4/11/17, posted 4/16/17 but it says it is not confirmed yet. Is this normal or can I expect a failure on this one?

I'm sure they're just waiting to hear from the client that it posted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on May 08, 2017, 02:45:30 PM
Another data point re: Discover Card / old TL co.

I've been easily adding and removing AUs for months now online, add the info, instant approval, thank you very much, we're sending you the card. Easy!

A few days ago I added an AU and was asked for the first time to upload documentation proving SS/citizenship, no problem, then again, instant approval, card is on its way. Easy!

Then today I went to add another AU online. It didn't ask for any documentation, I just got a message that said "Check back here for our decision..." but when I logged off/ back on, I didn't see anything like "pending" or anything as I poked around the Manage authorized users section. I couldn't tell if the request had actually "stuck."

So I did a chat with them, they confirmed that they'd received the request, and said that they'd let me know their decision in 72 hours. That puts me past the statement closing date, so I guess I can't make this particular sale, but more concerning is that either a) I'm doing enough adding and removing of AUs that they're starting to look more closely at *my* account before they approve AU adds, or b) in general, they're being more methodical/focused on AUs being added.

Bummer!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on May 08, 2017, 03:11:01 PM
As I mentioned previously, I limited my US Bank card with OldCo to 1 AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on May 08, 2017, 03:30:48 PM
I think we've had too many bank employees visit this thread.  Maybe ars single handedly destroyed the AU industry by bringing it too much publicity?  Is every bank now going to crack down on this process?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 08, 2017, 03:47:27 PM
I think we've had too many bank employees visit this thread.  Maybe ars single handedly destroyed the AU industry by bringing it to much publicity?  Is every bank now going to crack down on this process?

Good point.  I did have the thought that the possible tradeline company forum should be moved to journals to block it from google, etc.  Maybe this one too..

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on May 08, 2017, 06:53:40 PM
I've got one AU that I added to my card on 4/11/17, posted 4/16/17 but it says it is not confirmed yet. Is this normal or can I expect a failure on this one?
I'm sure they're just waiting to hear from the client that it posted.
Why would they need to hear from the client... actually...
Dear Mr Rebel;   Could you give us an overview of the whole process?
How does the Co. market this?  How does the Co approve a client? How do the clients pick or get a card slot to be added to?  How are the adds confirmed?  Etc...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Malaysia41 on May 09, 2017, 06:12:14 AM
I think we've had too many bank employees visit this thread.  Maybe ars single handedly destroyed the AU industry by bringing it to much publicity?  Is every bank now going to crack down on this process?

Good point.  I did have the thought that the possible tradeline company forum should be moved to journals to block it from google, etc.  Maybe this one too..

I second this suggestion. Move to journals?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on May 10, 2017, 12:46:52 PM
Since February, I have added 4 authorized users onto my US Bank Mastercard. This past weekend, my card was denied at the store when I tried to make a small purchase. Then again, the next day, it was denied. Hmmmm...

So, just 30 minutes ago, I called the number on the back of the card. Instead of the generalized prompts and such,  after entering my card number I was immediately transferred to a live customer service rep, and several questions were fired off instantly. "Can you tell me your name and address please?" No problem. "Last 4 of your SSN?" Yep. "Your date of birth please?" Sure. Then, "What can I assist you with today sir?

I told her that my card had been denied recently at the store. She said, "let me look into that". Then, "Do you have any other users on your account?" Yes, I do. "How many?"

This is where I faltered. I could only remember the first two individuals that I had added. I work from home, and I had my computer in front of me, and was FAST at the keys. The first two AU's were added before the web portal, and I had to search my email for the request I had received to add them. I found it (not very fast, and had to make b.s chit-chat), and then told her I had added two, and then gave her the names of the users.

She says, "Is that all? Do you only have those two?" At which point I'm like, "Yea. For sure." and she says, "Mr. Smith, you'll have to go down to your local US bank location, with your drivers license etc, and provide all of the information in person. The data you've given me doesn't QUITE match up to our records."

At this point I realized I have two more recently added, and I have 4 total A/U's on the card.

So, thats where I'm at now. I'm about to go down to the US Bank near my house, and get this sorted out. I'm the fastest talking guy in the city when I have all the information in my head, but allowed them to get the best of me when I called, unprepared to answer the questions that I should have foreseen would be asked.

I'll keep you guys posted.



The service rep then moved directly onto following questions and asked if I had any other users on my card. I told her I did. She asked for the names. I was caught off guard, and didn't have the names of all of the authorized users at hand immediately.

I was told I'll need to go into a US Bank location and provide all information, for all of the authorized users on my account, in order to lift the hold on my account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on May 10, 2017, 02:59:22 PM
Since February, I have added 4 authorized users onto my US Bank Mastercard. This past weekend, my card was denied at the store when I tried to make a small purchase. Then again, the next day, it was denied. Hmmmm...

So, just 30 minutes ago, I called the number on the back of the card. Instead of the generalized prompts and such,  after entering my card number I was immediately transferred to a live customer service rep, and several questions were fired off instantly. "Can you tell me your name and address please?" No problem. "Last 4 of your SSN?" Yep. "Your date of birth please?" Sure. Then, "What can I assist you with today sir?

I told her that my card had been denied recently at the store. She said, "let me look into that". Then, "Do you have any other users on your account?" Yes, I do. "How many?"

This is where I faltered. I could only remember the first two individuals that I had added. I work from home, and I had my computer in front of me, and was FAST at the keys. The first two AU's were added before the web portal, and I had to search my email for the request I had received to add them. I found it (not very fast, and had to make b.s chit-chat), and then told her I had added two, and then gave her the names of the users.

She says, "Is that all? Do you only have those two?" At which point I'm like, "Yea. For sure." and she says, "Mr. Smith, you'll have to go down to your local US bank location, with your drivers license etc, and provide all of the information in person. The data you've given me doesn't QUITE match up to our records."

At this point I realized I have two more recently added, and I have 4 total A/U's on the card.

So, thats where I'm at now. I'm about to go down to the US Bank near my house, and get this sorted out. I'm the fastest talking guy in the city when I have all the information in my head, but allowed them to get the best of me when I called, unprepared to answer the questions that I should have foreseen would be asked.

I'll keep you guys posted.



The service rep then moved directly onto following questions and asked if I had any other users on my card. I told her I did. She asked for the names. I was caught off guard, and didn't have the names of all of the authorized users at hand immediately.

I was told I'll need to go into a US Bank location and provide all information, for all of the authorized users on my account, in order to lift the hold on my account.

I am pretty darn sure the limit on authorized users for US Bank cards is 2.

That means you have to remove 2 before adding 2.

If you have more than 2 AUs, you will be flagged.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on May 10, 2017, 03:22:34 PM
I am pretty darn sure the limit on authorized users for US Bank cards is 2.

That means you have to remove 2 before adding 2.

If you have more than 2 AUs, you will be flagged.

That may very well be. However, I haven't been instructed to remove the two initial AU's I added 2/26 and 2/27. Am I to wait for instruction to remove the AUs, or simply wait 90 days?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on May 10, 2017, 03:28:50 PM
That may very well be. However, I haven't been instructed to remove the two initial AU's I added 2/26 and 2/27. Am I to wait for instruction to remove the AUs, or simply wait 90 days?

I think you're only required to leave them on for 60 days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 10, 2017, 03:31:35 PM
Yes, you need to leave them on for two months.

After that, it doesn't hurt to leave them on longer, and could help (show less activity to your bank via adds and quick removals), but you do need to remove them before adding more.

It's unfortunate that wasn't clear.

I just emailed the owner the following.

Quote
The portal needs an AU removal date, and it should auto send an email when they can be removed (perhaps with a reminder that it's better to leave them on, for less activity, until they have a new sale).

See this post and the following two why:
https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1547779/#msg1547779

Further, a good feature would be not letting someone add the next AU until they've gone in and confirmed they've removed the previous ones. E.g. it should pop up an alert if the new AU will put them over the limit telling them that, and listing the name(s) ready to be removed, so someone doesn't accidentally go over and trigger red flags.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on May 10, 2017, 03:37:45 PM
I asked them,

"What is the limit on US Bank AU's?
I ask this, as I haven't removed any authorized users, and currently have 4 on there.
When am I able to remove the first two that were added in February on the 26th/27th?
Thanks."


This is what I got back from the company.

"There is no limit per say.  We try to keep it to 2 every other month.  With the migration from one system to the next a few of the cardholders have few extra on there cards."

It would appear that I'm one of them. I'm not too worried about it either way, but I'll follow up with the bank, and let you guys know how it goes.

I'm the king of uncomfortable situations, so I am more than happy to go to the bank and just feed them the story they want to hear. It will be interesting if they ask me how I know these people, or why three live in California, and one in Oklahoma. Or...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on May 10, 2017, 04:02:46 PM
I'm the king of uncomfortable situations

Is this a learned skill, or something you've always had a knack for. I'm asking because I wish uncomfortable situations didn't make me so...uncomfortable.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on May 10, 2017, 04:19:00 PM
I'm the king of uncomfortable situations

Is this a learned skill, or something you've always had a knack for. I'm asking because I wish uncomfortable situations didn't make me so...uncomfortable.

I'd have to say it's a skill I believe I've grown up with, but have nurtured over the years as well. It was quite common in the past for others to remark how uncomfortable a situation was, while I simply didn't recognize it as such. Now, I've come to the ability to recognize uncomfortable situations, and either defuse them, or rise to the occasion and remain completely unperturbed. However, it's still common for the people around me to be nervous or feel awkward.

That being said, many of the social "norms" that a majority of people worry about, don't phase me whatsoever. Lending a strength to my title as King of Uncomfortable Situations.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on May 10, 2017, 04:24:00 PM
I am pretty darn sure the limit on authorized users for US Bank cards is 2.

That means you have to remove 2 before adding 2.

If you have more than 2 AUs, you will be flagged.

That may very well be. However, I haven't been instructed to remove the two initial AU's I added 2/26 and 2/27. Am I to wait for instruction to remove the AUs, or simply wait 90 days?

Contact the company.

On my cards, I'm darn sure not adding more AUs over the expected limit without removing the prior ones.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on May 10, 2017, 04:51:06 PM
I am pretty darn sure the limit on authorized users for US Bank cards is 2.

That means you have to remove 2 before adding 2.

If you have more than 2 AUs, you will be flagged.

That may very well be. However, I haven't been instructed to remove the two initial AU's I added 2/26 and 2/27. Am I to wait for instruction to remove the AUs, or simply wait 90 days?

Contact the company.

On my cards, I'm darn sure not adding more AUs over the expected limit without removing the prior ones.

I have. As I've already added a couple extra AUs more than I should have, I'm in a precarious situation. As it stands, my account has been flagged, so I have to go to the bank and discuss it with them. Now, if I go ahead and remove two of the AUs immediately, it might gain more attention. So, I've requested that the company put my US Bank card on hold for a couple months, and I'll remove the AU's slowly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on May 10, 2017, 04:53:14 PM
I am pretty darn sure the limit on authorized users for US Bank cards is 2.

That means you have to remove 2 before adding 2.

If you have more than 2 AUs, you will be flagged.

That may very well be. However, I haven't been instructed to remove the two initial AU's I added 2/26 and 2/27. Am I to wait for instruction to remove the AUs, or simply wait 90 days?

Contact the company.

On my cards, I'm darn sure not adding more AUs over the expected limit without removing the prior ones.

I have. As I've already added a couple extra AUs more than I should have, I'm in a precarious situation. As it stands, my account has been flagged, so I have to go to the bank and discuss it with them. Now, if I go ahead and remove two of the AUs immediately, it might gain more attention. So, I've requested that the company put my US Bank card on hold for a couple months, and I'll remove the AU's slowly.

If you are removing AUs, I would go ahead and remove both of the old AUs at the same time.

After being thrown to the fraud department on my US Bank, I had it taken off the available list for a few cycles (at OldCompany) and have it limited to 1 AU at this point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on May 10, 2017, 05:06:31 PM
I am pretty darn sure the limit on authorized users for US Bank cards is 2.

That means you have to remove 2 before adding 2.

If you have more than 2 AUs, you will be flagged.

That may very well be. However, I haven't been instructed to remove the two initial AU's I added 2/26 and 2/27. Am I to wait for instruction to remove the AUs, or simply wait 90 days?

Contact the company.

On my cards, I'm darn sure not adding more AUs over the expected limit without removing the prior ones.

I have. As I've already added a couple extra AUs more than I should have, I'm in a precarious situation. As it stands, my account has been flagged, so I have to go to the bank and discuss it with them. Now, if I go ahead and remove two of the AUs immediately, it might gain more attention. So, I've requested that the company put my US Bank card on hold for a couple months, and I'll remove the AU's slowly.

If you are removing AUs, I would go ahead and remove both of the old AUs at the same time.

After being thrown to the fraud department on my US Bank, I had it taken off the available list for a few cycles (at OldCompany) and have it limited to 1 AU at this point.

This is good advice. I'll probably follow that strategy as well. Thanks for that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on May 10, 2017, 06:04:43 PM
Hey rebs,

Now that you're starting your own TL company, is the current company your competition? Is it weird to give them ideas for improving their processes, know that if you do it better than them you would have a competitive advantage?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 10, 2017, 06:32:11 PM
Now that you're starting your own TL company, is the current company your competition?

Nah, I have an abundance mindset, not scarcity.  Served me very well in real estate (and life in general), and I think it'll do the same here.

The number of people who want to improve their credit is enormous. There's way more than enough clients out there for all the tradeline companies that exist, and then some.  I don't worry about competition, because if I build a good offering, it'll be effective, and they can be effective as well. There will be situations where you trade ideas, or improve each other, and not at the detriment of either of you, but to the benefit of both.

I still am recommending people to the tradeline company (sent someone their way today, actually) and have no plans to stop that.

Quote
Is it weird to give them ideas for improving their processes, know that if you do it better than them you would have a competitive advantage?

Nope. I'd rather they have as good of a product as possible. I'll continue to send them any ideas I can to help them improve as well. I also have recommended a lot of Mustachians to their service, and want to see them have a good experience as well, based on my recommendation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bigalsmith101 on May 10, 2017, 08:55:18 PM
I visited a US Bank branch inside a local grocery store.

Step one: Go to a small branch that will likely never see these issues.
Step two: Deal with an amateur.
Step three: Feign complete indifference.
Step four: Tell the bank employee what happened, and why, and let him/her argue on your behalf.

I waited in a chair for 10 minutes while the bank employee was either on hold, or talking to the person on the other line. I didn't hear anything they spoke about. They only asked me two simple questions. 1) "How many users, including yourself, are currently on the account?"  and 2) "What is a good number to reach you at?" Both answers checked out, and I was good to go, with the bank employee telling me that my card had been cleared.

So... Pretty uneventful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 10, 2017, 09:56:42 PM
Well done!  Thanks for the update.

Got a message back from the owner that he's contacting the developer about making the "when to remove AU" thing much clearer in the portal.

Annoying when issues like this crop up, but they're inevitable when a new system is in place, as it gets tweaked to be better/more clear. I'm glad you were able to handle it.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 10, 2017, 10:27:40 PM
I visited a US Bank branch inside a local grocery store.

Step one: Go to a small branch that will likely never see these issues.
Step two: Deal with an amateur.
Step three: Feign complete indifference.
Step four: Tell the bank employee what happened, and why, and let him/her argue on your behalf.

I waited in a chair for 10 minutes while the bank employee was either on hold, or talking to the person on the other line. I didn't hear anything they spoke about. They only asked me two simple questions. 1) "How many users, including yourself, are currently on the account?"  and 2) "What is a good number to reach you at?" Both answers checked out, and I was good to go, with the bank employee telling me that my card had been cleared.

So... Pretty uneventful.

I think the social engineering aspect of this (and of life in general - it applies there as well) is really underrated and underappreciated.  If one panics or apologizes or makes any number of other mistakes with the wrong person or the wrong time, it can very adversely affect the outcome.  Alternatively, a cool customer who has a strategy and plays his cards right, as above, can succeed where others fail.

As very basic strategies, HUACA and feigning innocence/indifference can get you pretty far.  And the other ideas are out there if you google for them and read forums.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 10, 2017, 10:29:18 PM
As very basic strategies, HUACA* and feigning innocence/indifference can get you pretty far.

*Hang up and call again.

(To save other people the Googling I just did.)

(+1 to the whole post, also.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on May 11, 2017, 05:54:33 AM
Now that you're starting your own TL company, is the current company your competition?

Nah, I have an abundance mindset, not scarcity.  Served me very well in real estate (and life in general), and I think it'll do the same here.

The number of people who want to improve their credit is enormous. There's way more than enough clients out there for all the tradeline companies that exist, and then some.  I don't worry about competition, because if I build a good offering, it'll be effective, and they can be effective as well. There will be situations where you trade ideas, or improve each other, and not at the detriment of either of you, but to the benefit of both.


Sounds like a good way to go. I'll work on that. In general.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on May 11, 2017, 08:42:56 AM
My second capital one card was returned to sender. I just received the email today from Capital One saying it was returned to them and to call to update my address. The damn post office is going to screw this gig up for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 11, 2017, 08:52:28 AM
My second capital one card was returned to sender. I just received the email today from Capital One saying it was returned to them and to call to update my address. The damn post office is going to screw this gig up for me.

Just ignore it.  Almost all my cards get sent back from multiple different issuers, including Cap1.  Never had an issue with it.

You only need to call if you actually wanted to receive the card, but who cares?  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on May 11, 2017, 09:07:09 AM
My second capital one card was returned to sender. I just received the email today from Capital One saying it was returned to them and to call to update my address. The damn post office is going to screw this gig up for me.

Just ignore it.  Almost all my cards get sent back from multiple different issuers, including Cap1.  Never had an issue with it.

You only need to call if you actually wanted to receive the card, but who cares?  :)

Not True! I believed that too after posting here and seeing a similar response but it did create issues.I have posted a couple of weeks back about my experience with Citi.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 11, 2017, 09:11:11 AM
My second capital one card was returned to sender. I just received the email today from Capital One saying it was returned to them and to call to update my address. The damn post office is going to screw this gig up for me.

Just ignore it.  Almost all my cards get sent back from multiple different issuers, including Cap1.  Never had an issue with it.

You only need to call if you actually wanted to receive the card, but who cares?  :)

Not True! I believed that too after posting here and seeing a similar response but it did create issues.I have posted a couple of weeks back about my experience with Citi.

I thought I remembered that they just put a temporary security hold on the card, and you just called and got it removed.

I haven't even had to do that, but even that doesn't seem like a huge deal, to me.

/shrug
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on May 11, 2017, 09:40:50 AM
My second capital one card was returned to sender. I just received the email today from Capital One saying it was returned to them and to call to update my address. The damn post office is going to screw this gig up for me.

Just ignore it.  Almost all my cards get sent back from multiple different issuers, including Cap1.  Never had an issue with it.

You only need to call if you actually wanted to receive the card, but who cares?  :)

That was my plan for this card. We will see how that plays out. The good news is that we will be moving in the next few months, so I'm not too worried about this being a long-term issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: 2Birds1Stone on May 11, 2017, 12:36:32 PM
Thank you for the post ARS!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on May 11, 2017, 10:44:34 PM
Yet another month gone by where Ive had no adds. I really dont get it. My paperwork was received by the new company in january, I added my cards on the portal as soon as it opened, and...nada. I have a discover card with a 20, 500K limit that is 15 years old. my boa card is similar, but on hold. Its pretty frustrating to hear about people adding so many adds that thet get flagged...and nothing over here. Sigh.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on May 12, 2017, 07:06:35 PM
Wow those are incredible cards, I can't understand why you aren't getting any tradeline sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on May 13, 2017, 09:15:53 AM
Wow those are incredible cards, I can't understand why you aren't getting any tradeline sales.

It's probably because there are a lot of similar cards...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 13, 2017, 09:20:57 AM
Wow those are incredible cards, I can't understand why you aren't getting any tradeline sales.

It's probably because there are a lot of similar cards...

Agreed.  I have had 1 sale with new TL co but a few lately with old TL co (different cards).  I assume all of the companies are flooded as someone else mentioned.  Hopefully, MTC will drum up business through some innovative marketing!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Wandles on May 16, 2017, 07:03:52 AM
I was contacted by the tradelines company about my USAA card last night.  They are resting USAA cards because they believe there is an internal audit going on.  I'm guessing other USAA card holders will experience the same thing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on May 16, 2017, 07:14:48 AM
We are now through 5 monthly cycles with 3 cards listed at the new company (One BoA, "resting" he last 2 cycles)

Not a single sale.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 16, 2017, 07:37:04 AM
I was contacted by the tradelines company about my USAA card last night.  They are resting USAA cards because they believe there is an internal audit going on.  I'm guessing other USAA card holders will experience the same thing.

Hmm, good to know although they never contacted me. Thinking of putting AU sales on hold until I have some other cards come of age that I don't care to get shut down. I rather like USAA and prefer to not get on their bad side. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 16, 2017, 11:51:09 AM
I rather like USAA and prefer to not get on their bad side.

You should assume that ALL cards being used for Tradelines will eventually be shut down.  Only put cards that you're ok with being closed there.  It's why only half of my qualifying cards are with them.  I want certain cards to stay open.  They aren't submitted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 18, 2017, 03:49:01 PM
Finally got my first add after being signed up for over 120 days.
Discover is asking that I upload documents proving soc sec number/name/physical address over the next 10 days...anyone else had this?

Yes, and it was kind of a pain doing it from my phone while traveling abroad
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 18, 2017, 03:54:56 PM
I think we've had too many bank employees visit this thread.  Maybe ars single handedly destroyed the AU industry by bringing it too much publicity?  Is every bank now going to crack down on this process?

If they were smart, they'd just start charging a nominal fee for AUs
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on May 18, 2017, 07:27:32 PM
I can't find it on the thread, but we an add authorized users for Citicards on their citi website but then we have to call in to give the social security number right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 18, 2017, 07:37:43 PM
I can't find it on the thread, but we an add authorized users for Citicards on their citi website but then we have to call in to give the social security number right?

The email should tell you to do that.  Mine always have (Sears Citi).

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on May 19, 2017, 12:56:04 AM
Another data point re: Discover Card / old TL co.

I've been easily adding and removing AUs for months now online, add the info, instant approval, thank you very much, we're sending you the card. Easy!

A few days ago I added an AU and was asked for the first time to upload documentation proving SS/citizenship, no problem, then again, instant approval, card is on its way. Easy!

Then today I went to add another AU online. It didn't ask for any documentation, I just got a message that said "Check back here for our decision..." but when I logged off/ back on, I didn't see anything like "pending" or anything as I poked around the Manage authorized users section. I couldn't tell if the request had actually "stuck."

So I did a chat with them, they confirmed that they'd received the request, and said that they'd let me know their decision in 72 hours. That puts me past the statement closing date, so I guess I can't make this particular sale, but more concerning is that either a) I'm doing enough adding and removing of AUs that they're starting to look more closely at *my* account before they approve AU adds, or b) in general, they're being more methodical/focused on AUs being added.

Bummer!

Hey Redwood, do you have an update on how this went for you, what happened afterwards?

I think I had the same or similar situation as you with Discover. Not sure if it is a sign of a problem.
Like you, been adding users no problem on Discover, relatively steady sales as well (strangely). Most users approved right away, one or two cases I had to upload documentation. Either way I can see them approved or pending instantly online.

Today I got an order, went to add user online and got the same strange message that you did. Then I could see no indication of the users status online. I called Discover, rep confirmed that they got the information. She had to put me on hold, and then in vague language she told me it requires processing/checking on their end (I forget exact language). She told me I would get a written update in five to seven days. Very odd that she specified written update, when most of my communication with Discover is electronic.

On a positive note, or stranger note, I checked the Discover website later at night, and the user showed up as approved.
Not sure what to make of all that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on May 19, 2017, 06:16:18 AM
Yes that's what I get with Discover. It's pending, but then it also says we'll mail you a card for the authorized user.
Then within a few hours or a day it's up on the website as approved.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: skuzuker28 on May 19, 2017, 08:43:25 AM
Signed up through the portal a few days ago, got the automated confirmation email but other than that nothing.  Figure I'll give them a couple more days but what is their typical turnaround time for getting the docs I need to me?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 19, 2017, 09:16:36 AM
Signed up through the portal a few days ago, got the automated confirmation email but other than that nothing.  Figure I'll give them a couple more days but what is their typical turnaround time for getting the docs I need to me?

Did you email the address I sent you?  They will reply with the docs you need, and once you fill that all out, they'll have you sign up with the portal.

If you just directly signed up with the portal, you aren't on their radar at all, and aren't going to receive any docs or get fully set up in the system.  Right now they aren't really monitoring for random signups.  If you email that email, you should get the docs within a day or two (PM me if you don't).  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: skuzuker28 on May 19, 2017, 09:22:11 AM
Signed up through the portal a few days ago, got the automated confirmation email but other than that nothing.  Figure I'll give them a couple more days but what is their typical turnaround time for getting the docs I need to me?

Did you email the address I sent you?  They will reply with the docs you need, and once you fill that all out, they'll have you sign up with the portal.

If you just directly signed up with the portal, you aren't on their radar at all, and aren't going to receive any docs or get fully set up in the system.  Right now they aren't really monitoring for random signups.  If you email that email, you should get the docs within a day or two (PM me if you don't).  :)
Glad I said something!  I just assumed that now that they have the portal up and running that would be the preferred method.  Just shot an email over.

EDIT: Already heard back!  It would appear that response times have improved.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: annann on May 19, 2017, 11:34:34 AM
Finally got my first add after being signed up for over 120 days.
Discover is asking that I upload documents proving soc sec number/name/physical address over the next 10 days...anyone else had this?

Yes, and it was kind of a pain doing it from my phone while traveling abroad

I received an e-mail from Discover after adding my first AU and it referred me to the web site.  I signed in and could not find anything telling me what they wanted me to send.  I checked the AU and it said it was approved.  So I did a chat and they checked and said that I did not need to do anything more.  Any possibility the e-mail is not actually from Discover?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on May 20, 2017, 08:23:13 AM
I can't find it on the thread, but we an add authorized users for Citicards on their citi website but then we have to call in to give the social security number right?

At the moment, Citi's online AU addition feature does not require SSN, so I have been calling in to add the AU (don't even bother starting online). Calling in also reduces the risk of someone from Fraud calling you to confirm that it was actually you in fact that added the AU (this happened to me once when I did an online add). I have not had any issues adding AUs this way thus far and I get sales on two of my Citi cards frequently (between old and new companies).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on May 20, 2017, 10:00:16 AM
I can't find it on the thread, but we an add authorized users for Citicards on their citi website but then we have to call in to give the social security number right?

At the moment, Citi's online AU addition feature does not require SSN, so I have been calling in to add the AU (don't even bother starting online). Calling in also reduces the risk of someone from Fraud calling you to confirm that it was actually you in fact that added the AU (this happened to me once when I did an online add). I have not had any issues adding AUs this way thus far and I get sales on two of my Citi cards frequently (between old and new companies).

Thank you
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on May 20, 2017, 04:53:06 PM
Another data point re: Discover Card / old TL co.

I've been easily adding and removing AUs for months now online, add the info, instant approval, thank you very much, we're sending you the card. Easy!

A few days ago I added an AU and was asked for the first time to upload documentation proving SS/citizenship, no problem, then again, instant approval, card is on its way. Easy!

Then today I went to add another AU online. It didn't ask for any documentation, I just got a message that said "Check back here for our decision..." but when I logged off/ back on, I didn't see anything like "pending" or anything as I poked around the Manage authorized users section. I couldn't tell if the request had actually "stuck."

So I did a chat with them, they confirmed that they'd received the request, and said that they'd let me know their decision in 72 hours. That puts me past the statement closing date, so I guess I can't make this particular sale, but more concerning is that either a) I'm doing enough adding and removing of AUs that they're starting to look more closely at *my* account before they approve AU adds, or b) in general, they're being more methodical/focused on AUs being added.

Bummer!

Hey Redwood, do you have an update on how this went for you, what happened afterwards?

I think I had the same or similar situation as you with Discover. Not sure if it is a sign of a problem.
Like you, been adding users no problem on Discover, relatively steady sales as well (strangely). Most users approved right away, one or two cases I had to upload documentation. Either way I can see them approved or pending instantly online.

Today I got an order, went to add user online and got the same strange message that you did. Then I could see no indication of the users status online. I called Discover, rep confirmed that they got the information. She had to put me on hold, and then in vague language she told me it requires processing/checking on their end (I forget exact language). She told me I would get a written update in five to seven days. Very odd that she specified written update, when most of my communication with Discover is electronic.

On a positive note, or stranger note, I checked the Discover website later at night, and the user showed up as approved.
Not sure what to make of all that.

Canuck, yes, same experience here. I called them, they asked a bunch of security questions to verify that I was the cardholder who'd done the add, asked if I had received other cards they'd sent ("Yes"), asked if I wanted to authorize those other cards ("Not yet..." (doh! Caught me off guard) ), then said OK, decision will be in five to seven days. Later that night mine also showed up as approved, so I think I got the sale /added the AU in time.

Maybe they're just clamping down more, or the fact that I'm fairly consistently selling 3 Discover AU slots per month these days is triggering something...fingers crossed it isn't a sign of a coming card shutdown.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on May 20, 2017, 09:29:52 PM
I am a bit sad, that they limit my Barclaycard to two spots now.
I have 5 spots and consistently sold 2 a month. Now that they limited me to two and AU's have to stay on for two months, best case will be two sales every other month.
No adds for May.
Hope I get some for June.
All the money from this gets donated, so I'd really like to get all spots sold.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on May 22, 2017, 11:48:19 AM
I've been signed up for several months now with the recommended company but have had no adds.  Can anyone recommend any other reliable companies to try?

[MOD EDIT: Please do not post in this thread, but PM dakota5176 if you have any recommendations for him/her. Posting here tends to attract solicitors and spam.

dakota5176, be wary of any solicitation you receive, and do lots of research and due diligence--this field is filled with a LOT of shady companies who may not do the proper authentication for their AUs, leading to fraud.

Good luck!

/END EDIT]
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on May 22, 2017, 11:59:52 AM
If only some rebel spy would start up a new mustachian tradeline company, or something.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on May 22, 2017, 06:54:04 PM
If only some rebel spy would start up a new mustachian tradeline company, or something.

Give it some time ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on May 22, 2017, 07:02:37 PM
If only some rebel spy would start up a new mustachian tradeline company, or something.
;) I know, right?
LOL!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on May 23, 2017, 11:31:09 AM
I had two adds on my Discover at the end of March (3/24 and 3/27) so I'm coming up on 60 days on both. I logged in to my account today and realized that I had not added a direct deposit account in my Profile. I don't remember if I did it when I signed up. Have adds in March been paid? I added my account so hopefully we will be paid for those soon. I guess I should be good to remove the AUs soon but will probably just wait until the slot is filled - or will they not sell the slots until I confirm they were removed?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 23, 2017, 01:32:08 PM
I had two adds on my Discover at the end of March (3/24 and 3/27) so I'm coming up on 60 days on both. I logged in to my account today and realized that I had not added a direct deposit account in my Profile. I don't remember if I did it when I signed up. Have adds in March been paid? I added my account so hopefully we will be paid for those soon. I guess I should be good to remove the AUs soon but will probably just wait until the slot is filled - or will they not sell the slots until I confirm they were removed?

Yep, all March adds were all paid almost a month ago (end of April; and should be showing green in the portal, red if it didn't post).  Message the owner and let him know you just added payment info. If you don't hear back in a day or two, PM me!

Payment for April adds should be coming next week!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 23, 2017, 01:37:18 PM
Can someone clarify how to determine which month an add belongs to?  ie my sale was late March.  Is that March or April?  It is green.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 23, 2017, 01:50:24 PM
Can someone clarify how to determine which month an add belongs to?  ie my sale was late March.  Is that March or April?  It is green.

There should be month buttons you click to show your sales in each month.

You can also filter by date.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 23, 2017, 02:19:40 PM
Thanks!  I didn't realize those purple boxes were buttons until now... 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 23, 2017, 02:43:33 PM
I had two adds on my Discover at the end of March (3/24 and 3/27) so I'm coming up on 60 days on both. I logged in to my account today and realized that I had not added a direct deposit account in my Profile. I don't remember if I did it when I signed up. Have adds in March been paid? I added my account so hopefully we will be paid for those soon. I guess I should be good to remove the AUs soon but will probably just wait until the slot is filled - or will they not sell the slots until I confirm they were removed?

March adds have not been paid.

Wait until they tell you to remove the AU.  Historically they have had me remove old AUs in order to make room to add a new AU.  They will sell the new slot before you have removed the old AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 23, 2017, 03:12:48 PM
Have adds in March been paid?

March adds have not been paid.

This is not the case; as I stated a few posts up, all March adds should have been paid 3+ weeks ago.  If you weren't paid on something, definitely contact the owner, or feel free to pass any through me.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 23, 2017, 03:59:21 PM
Have adds in March been paid?

March adds have not been paid.

This is not the case; as I stated a few posts up, all March adds should have been paid 3+ weeks ago.  If you weren't paid on something, definitely contact the owner, or feel free to pass any through me.  :)

Whoops, brain fade - you are correct (as usual :-) ).

I was misremembering the March add payment as the February add payment.  Where does the time go?

(Off to buy bifocals so I can lose them on my way to registering for AARP...)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 23, 2017, 06:30:47 PM
For anyone who supplied payment info late or hasn't been paid, contact the owner.  He responded very quickly today to my inquiry!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on May 24, 2017, 12:09:10 PM
Got one add for May, yay.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on May 25, 2017, 09:04:54 AM
Got my first add!!  So excited.  US Bank, called in and the rep was super friendly, no problems and no questions asked. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on May 25, 2017, 09:12:37 AM
Maybe they're just clamping down more, or the fact that I'm fairly consistently selling 3 Discover AU slots per month these days is triggering something...fingers crossed it isn't a sign of a coming card shutdown.

If you can, let me know if you get a new sale on your Discover and if it works out ok, or if you have problems.

I decided to be conservative and ask them to not sell any AU on that card currently. I will let it rest for one cycle. Probably was unnecessary, but I didn't want to deal with any hassle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 25, 2017, 01:08:12 PM
Just got an AU sale for my Discover card - yay!  BUT... Discover won't save the AU due to "invalid address".  I confirmed that the address is valid.  What is recommended in this case?  Call to add?

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on May 25, 2017, 02:04:58 PM
Just got an AU sale for my Discover card - yay!  BUT... Discover won't save the AU due to "invalid address".  I confirmed that the address is valid.  What is recommended in this case?  Call to add?

Thanks!

I had this happen once and had to call to add
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: coolshemp on May 25, 2017, 05:48:42 PM
Same thing happened to me this month and I had to call to add the address. They ask a ton of questions about myself including the names of my other AU's (good thing my computer was up and on the site) as well my addresses going back to when I opened the account 20 years ago. They were friendly enough, but the whole thing seemed like more of a good natured interrogation. Let's see what happens next add...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 25, 2017, 06:51:52 PM
Just got an AU sale for my Discover card - yay!  BUT... Discover won't save the AU due to "invalid address".  I confirmed that the address is valid.  What is recommended in this case?  Call to add?

Thanks!

I also had this happen and the problem was the tradeline company forgot to enter the apartment #.  Discover's system tries to verify address validity via USPS (my other add listed "unit X" which discover suggested I change to "apt X")

Likely, they have a driver license uploaded to the portal (which you may need to send to discover).  Check the address against that for a typo.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 26, 2017, 07:10:32 AM
Thanks everyone.  No documents unfortunately.  USPS cannot find the address so that is likely the problem.  I was going by the ability to map the address originally.

I'll call.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 26, 2017, 08:09:55 AM
I really like the portal.  Maybe I'm just easily pleased, but I do check fairly often as my first ad was in April and I'm looking for my first payment.  Saw my May ad turn from clear to green, indicating that indeed, it has posted.  I'm more than happy to have a single AU per month.  It's better than a sharp stick in the eye.

As I've warned others, I expect every card I enter and get an AU to eventually be closed.  So load em up with AU's! 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 26, 2017, 07:24:50 PM
Thanks everyone.  No documents unfortunately.  USPS cannot find the address so that is likely the problem.  I was going by the ability to map the address originally.

I'll call.

I wonder how they decide whether to upload documents.  I have a very limited sample, but on my first add, I the CC didn't request docs and the tradeline co. didn't provide any.  On the second add, the CC asked for docs and they were already available to me on the portal.  Maybe they just know that after X adds the CC starts asking for documentation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meadow lark on May 27, 2017, 08:05:57 AM
Nomads doing Tradelines, what do you do for a mailing address?  We are trying to decide whether to use a family member or a company or something else, but I am afraid letters with other names on them will get sent back to the cc company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on May 27, 2017, 09:50:58 AM
Has anyone started to get other junk mail with the names of past AUs? I'm sure there's something, somewhere in my issuing bank's site to opt out of selling my name or their name. Anyone found where that might be?  This is from a US Bank card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 27, 2017, 10:15:01 AM
Has anyone started to get other junk mail with the names of past AUs? I'm sure there's something, somewhere in my issuing bank's site to opt out of selling my name or their name. Anyone found where that might be?  This is from a US Bank card.

None here.  I've done about 10 AUs so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on May 27, 2017, 10:44:13 AM
Nomads doing Tradelines, what do you do for a mailing address?  We are trying to decide whether to use a family member or a company or something else, but I am afraid letters with other names on them will get sent back to the cc company.

We use Traveling Mailbox (https://travelingmailbox.com/?ref=197) for our mail purposes and are very happy in general (sometimes slightly slow time to get it received and scanned, but that doesn't affect Tradelines).

My main card is a Discover, I usually choose "do not send card" online and so it hasn't mattered. Couple times I've done by phone, I received the AU card in my Travelling Mailbox, the letter comes addressed to me. I shred it right there without opening.

My wife has been selling a few Capital Ones and Citi. Capital one she chooses not to receive a card, Citi she thinks they send cards addressed to AU. We've never seen them, so either they are being returned to sender by mail forwarding, or shredded on receipt, since it's not in her name. No problem either way so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meadow lark on May 27, 2017, 07:37:31 PM
Thanks M. That looks like a good company.  My Tradelines are with BofA and US Bank - I never noticed a "do not send" card option.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on May 27, 2017, 11:43:17 PM
Should you use the cards for the tradeline people you receive?  I had an email from the company suggesting I charge some purchases to it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Timmm on May 28, 2017, 07:33:54 AM
FrugalSaver, that sounds like a very important step. I haven't done this yet, but a charge over $2 makes sure that the issuer WILL report updates to the credit agencies. When there's no balance (or a small balance that they write off), I gather some issuers may not send any new info to the agencies. So added AUs would remain off credit reports.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on May 28, 2017, 01:03:56 PM
FrugalSaver, that sounds like a very important step. I haven't done this yet, but a charge over $2 makes sure that the issuer WILL report updates to the credit agencies. When there's no balance (or a small balance that they write off), I gather some issuers may not send any new info to the agencies. So added AUs would remain off credit reports.
The charge just needs to be made on the account for it to post, not necessarily the AU card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on May 28, 2017, 01:58:31 PM
FrugalSaver, that sounds like a very important step. I haven't done this yet, but a charge over $2 makes sure that the issuer WILL report updates to the credit agencies. When there's no balance (or a small balance that they write off), I gather some issuers may not send any new info to the agencies. So added AUs would remain off credit reports.
The charge just needs to be made on the account for it to post, not necessarily the AU card.

What's the difference?  How does one make a charge on the account without using the AU card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on May 28, 2017, 02:08:02 PM
FrugalSaver, that sounds like a very important step. I haven't done this yet, but a charge over $2 makes sure that the issuer WILL report updates to the credit agencies. When there's no balance (or a small balance that they write off), I gather some issuers may not send any new info to the agencies. So added AUs would remain off credit reports.
The charge just needs to be made on the account for it to post, not necessarily the AU card.

What's the difference?  How does one make a charge on the account without using the AU card?

All cards (main user and AU) are on the same account.  You don't get a separate bill or something because you have an AU. Some companies will show which card was used (main or an AU) - but it's all on the same account.

If you think about it, that's the point behind the whole exercise. The AU gets associated with your account. So that their credit history shows your account. If it was an all new account for them, it wouldn't help their credit score.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: skuzuker28 on May 30, 2017, 09:01:45 PM
Got my first two AUs today. Added without a hitch.

Sent from my Nexus 6P using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hunt2eat on May 31, 2017, 09:26:06 AM
Got my first two AUs today. Added without a hitch.

Sent from my Nexus 6P using Tapatalk
Great! I'm still waiting on my first add I signed up in Jan.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lmf on June 01, 2017, 03:23:23 PM
Any word on when we can expect payment for adds done in April?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 01, 2017, 03:26:50 PM
I just had a brief email exchange with Erica. I was asked to add a new AU, and not remove the two AUs I already have on the card. So that means there will be three AUs on the card for a while. She confirmed that is correct. They are starting to relax their two-at-a-time standard.

I'm supposed to leave those two older AUs on the card until 6/15, but I will be paid for them on Monday, 6/5.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 01, 2017, 04:08:55 PM
Any word on when we can expect payment for adds done in April?

April adds were paid end of May (yesterday, and I believe some went out today). You should see it in your bank account within 3-4 business days, due to transfer time.

If you haven't seen the deposit pending in your bank account by early next week, PM me or contact the owner.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 01, 2017, 04:44:54 PM
Any word on when we can expect payment for adds done in April?

April adds were paid end of May (yesterday, and I believe some went out today). You should see it in your bank account within 3-4 business days, due to transfer time.

If you haven't seen the deposit pending in your bank account by early next week, PM me or contact the owner.  :)

This is something that New Company and MTC could do better.  Provide exact date to remove an AU and the exact date and amount I'll be paid.  Obviously could be automated via a portal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 02, 2017, 08:59:34 AM
Owner has confirmed all payments for April were sent, and also mentioned that some people never sent a W9, voided check or put bank account info in the portal.

You'll need to do this to get paid.  :)

You can do it manually through email, or through the Portal (click "My Documents" and upload them there).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on June 02, 2017, 09:45:15 AM
Owner has confirmed all payments for April were sent, and also mentioned that some people never sent a W9, voided check or put bank account info in the portal.

You'll need to do this to get paid.  :)

You can do it manually through email, or through the Portal (click "My Documents" and upload them there).

If I submitted this info pre-portal do I need to do it again?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 02, 2017, 09:46:13 AM
If I submitted this info pre-portal do I need to do it again?

No.

Only if you've never submitted your payment information.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on June 02, 2017, 09:53:14 AM
If I submitted this info pre-portal do I need to do it again?

No.

Only if you've never submitted your payment information.

Hmm, okay. I logged into the portal and there wasn't anything under my documents, so I uploaded the contract, W9, and voided check even though I emailed those to them in Feb. just to be on the safe side.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on June 02, 2017, 11:27:15 AM
I don't see my payment pending yet, but I'll give it until next week like you said. I definitely sent in a W9 etc. when I signed up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 02, 2017, 06:32:38 PM
I don't see my payment pending yet, but I'll give it until next week like you said. I definitely sent in a W9 etc. when I signed up.

Same here.  Just for fun, I put them into the portal too today.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on June 02, 2017, 08:47:31 PM
I just had a brief email exchange with Erica. I was asked to add a new AU, and not remove the two AUs I already have on the card. So that means there will be three AUs on the card for a while. She confirmed that is correct. They are starting to relax their two-at-a-time standard.

I'm supposed to leave those two older AUs on the card until 6/15, but I will be paid for them on Monday, 6/5.

As someone who has yet to have a sale, that's really irritating.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ohheythere on June 02, 2017, 10:01:10 PM
I would very much like to participate in this.  Would someone be kind enough to DM me the company name? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 03, 2017, 02:06:25 PM
I would very much like to participate in this.  Would someone be kind enough to DM me the company name?

You have to private message arebelspy   on here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ohheythere on June 03, 2017, 05:43:30 PM
I would very much like to participate in this.  Would someone be kind enough to DM me the company name?

You have to private message arebelspy   on here.

Thank you, the reason I had posted this comment as I had tried this multiple times and get some not allowed message.  Which makes me think there's a post count threshold?  Thank you David and have a nice day.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 03, 2017, 05:59:35 PM
I just had a brief email exchange with Erica. I was asked to add a new AU, and not remove the two AUs I already have on the card. So that means there will be three AUs on the card for a while. She confirmed that is correct. They are starting to relax their two-at-a-time standard.

I'm supposed to leave those two older AUs on the card until 6/15, but I will be paid for them on Monday, 6/5.

As someone who has yet to have a sale, that's really irritating.

Why do some people get more sales than others? I have very good credit cards with "old" and "new" companies. Well over 2 years old, credit limits over 20K, on some cards over 30K.

I had two sales with the "old" company last year, none this year. Two sales with the new company this year. I did everything right, added AUs within 24 hours of notifications. Called the banks to provide all the details. Removed the AUs on time.

That's it. No sales since early spring.

What the fuck is going on?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 03, 2017, 06:28:31 PM
I would very much like to participate in this.  Would someone be kind enough to DM me the company name?

You have to private message arebelspy   on here.

Thank you, the reason I had posted this comment as I had tried this multiple times and get some not allowed message.  Which makes me think there's a post count threshold?  Thank you David and have a nice day.

Be patient and do try again, don't be discouraged, but obviously there are a lot of people who haven't gotten tradeline sales as the company is inundated with credit cards from MMM blogosphere
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 04, 2017, 07:31:36 AM
Why do some people get more sales than others? I have very good credit cards with "old" and "new" companies. Well over 2 years old, credit limits over 20K, on some cards over 30K.

I don't know that this is the reason, but.....perhaps customers come in and can only afford the cheaper/newer/lower limit cards.  I've got 4 cards registered and have only had AUs on my $10k, barely 2 year card.  All the others are higher limits and older and zip on them. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rharringtonx on June 04, 2017, 08:34:32 AM
Any tradeline co.'s that accept Chase?

Is anyone opening multiple cards and waiting for them to mature for extra cash or would that be minimal?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 04, 2017, 01:10:59 PM
As Car Jack said, it is hard to figure out but my experience is similar.  My cards that are 24-27 months over 10K see more action that an older cards and higher limit cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ShellyFlorida on June 04, 2017, 03:08:51 PM
Got my first two AUs today. Added without a hitch.

Sent from my Nexus 6P using Tapatalk

What cards, limits and years did you have and when did you first sign up?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: skuzuker28 on June 04, 2017, 03:22:37 PM
Got my first two AUs today. Added without a hitch.

Sent from my Nexus 6P using Tapatalk

What cards, limits and years did you have and when did you first sign up?
USBank, 18500, signed up earlier in May.

Sent from my Nexus 6P using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 05, 2017, 06:59:18 AM
As Car Jack said, it is hard to figure out but my experience is similar.  My cards that are 24-27 months over 10K see more action that an older cards and higher limit cards.

That is my theory as well. I had a couple immediate sales on a much older card with really high CL. Nothing in the last several months though. I opened a few new cards for sign up bonuses and possible AU sales (if it's still happening) down the road.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on June 05, 2017, 07:58:52 AM
Has anyone been paid yet for April adds? I'm still waiting
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 05, 2017, 08:03:07 AM
Has anyone been paid yet for April adds? I'm still waiting

nope...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lmf on June 05, 2017, 08:10:59 AM
I'm still waiting to be paid for my April adds as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 05, 2017, 11:28:03 AM
I'm still waiting to be paid for my April adds as well.

Me four.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on June 05, 2017, 12:49:00 PM
Has anyone been paid yet for April adds? I'm still waiting

Nope, waiting ...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: coolshemp on June 06, 2017, 05:17:33 AM
Nothing added to my checking account this morning....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 06, 2017, 11:13:34 AM
Just got news from the owner on April's payments (sent last week).

Apparently everything was sent to their payroll processor on the 31st (last Thurs), but apparently the person who does it didn't receive in time and then was out of the office Fri & Mon and didn't let them know, so they're just being processed today (Tuesday).

Word is they should be direct deposited in two days, on Thursday.

Nothing I can do about it, but still.. sorry.  =/

There have been some embarassing screwups, and I feel bad that the whole thing isn't smooth with the company I'm recommending.

You will get paid, and it's still a good income, but it's annoying, I'm sure, to be expecting a payment and have it not show up on time.

So that's the status. Thursday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 06, 2017, 11:29:39 AM
A payroll processor who essentially shuts down when one person is out of the office?  Sounds like someone should fire them pronto.  Alternately, I'd like to offer my services.  I'll promise to not send out payments for half of what they get.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on June 06, 2017, 12:48:40 PM
A payroll processor who essentially shuts down when one person is out of the office?  Sounds like someone should fire them pronto.

Seriously. The more life experience I collect in business and professional realms, the more I'm amazed at how many people don't have any of their shit together.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 07, 2017, 09:55:40 AM
Just paid for April
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on June 07, 2017, 10:05:01 AM
Just paid for April

Me too!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sobezen on June 09, 2017, 04:43:49 PM
Another month gone by with no sales :(   

Same. And I had all my info submitted over a week before my January closing date. So, missed January, February, March and April. Admittedly, one of the 3 cards is BoA and "resting" now.

Same here - I'm actually thinking about removing my cards from this service.  I might try the "old" company and see how they do with a card or two.  The opportunity cost of just letting these cards sit in this companies queue is just too high.

Ditto.  Seems like the demand for this service might not be as high as imagined.  Will give it another quarter and then reassess.  So far no activity.

Has anyone else had ZERO activity?  If so kindly share your experiences.  So far NOTHING which I find baffling since I have a really good card posted and credit history.  Shrugs.  Will give until end of summer and see what happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on June 09, 2017, 07:35:31 PM
Maybe they're just clamping down more, or the fact that I'm fairly consistently selling 3 Discover AU slots per month these days is triggering something...fingers crossed it isn't a sign of a coming card shutdown.

If you can, let me know if you get a new sale on your Discover and if it works out ok, or if you have problems.

I decided to be conservative and ask them to not sell any AU on that card currently. I will let it rest for one cycle. Probably was unnecessary, but I didn't want to deal with any hassle.

So a couple days ago I had a call from Discovery Fraud prevention. Essentially to validate which AUs I had added, and that it was me who added them. The voicemail was scary sounding, but verifying the AU's and that it was me who added them was straightforward.

Strange that they called out of the blue, two weeks plus since my last AU add...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on June 10, 2017, 12:28:02 AM
sobezen- Ive had zero activity. despite a great card, signed up and all documents sent in january. I even wrote them last month and asked if there was anything I should/could do. The response I got was ''yeah, that is a great card. the customers select cards, so who knows?''

honestly, I dont understand. the month prior to that, the company sent an email acknowledging the huge surge of sellers, and explicitly said that they intended to fill their prior sellers before the newbies. Yet, I see multiple posters here, who are as new as me, getting more adds than they can handle. Ive had none. From the posts here, I dont know what to think. I feel petty, complaining that Im not getting my free money, and I should be grateful for the opportunity, but Im sour. And what are my options? I cant have my card listed at multiple companies. I have to choose one. I had one sale in all the time I had it at the first recommended company...so....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 10, 2017, 12:35:46 AM
For those of you not seeing sales, there's a few options:
1) Take the card to another tradeline company. For reasons listed in the initial posts, I don't recommend most of them out there (only two), as I think they're a good way to get your card shut down, but the Mustachian willing to be riskier may want to do so. (Note: Other companies may not have any sales for you either, as the industry as a whole has more cards than AUs, from what I understand, but it's possible.)

2) Sell the lines yourself. If you can find (and verify) AUs, you can make way more than the cut you're getting here, plus get sales, rather than none.

3) Don't sell lines, give up, if it's not worth the hassle frustration (not much hassle in waiting).

4) Be patient and cross your fingers.

I wish I had something better for you. People are seeing sales (and as with anything, the ones who are not seeing them are more vocal--see, for example, the fact that there were more posts about not being paid yet than the number of posts when people were paid). From the metrics I can tell, the new recommendation is selling more lines than the old one, but it's still a numbers game where supply is greater than demand.

I do think there are a number of things the TL companies could be doing better (especially in regards to marketing and bringing in AUs), including some I've recently discussed with the owner of the current TL recommendation, so hopefully everyone will start seeing more sales, but until then, I don't really know what to tell you.

Sorry!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LifestyleDeflation on June 10, 2017, 10:30:49 AM
Question for you ARS- you mentioned that you don't keep your physical cards with you since you're on the road. Do you mind sharing what your monthly purchases on the cards are to keep a balance? Do you have enough recurring bills to have one on each card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 10, 2017, 10:37:45 AM
Question for you ARS- you mentioned that you don't keep your physical cards with you since you're on the road. Do you mind sharing what your monthly purchases on the cards are to keep a balance? Do you have enough recurring bills to have one on each card?

I only use the cards when I get an AU.

I charge $2.50 to the card to reload my Amazon gift card balance.

I have this bookmarked:
https://smile.amazon.com/asv/reload/order?manualReload.amount=2.50 (https://smile.amazon.com/asv/reload/order?manualReload.amount=2.50)

And all my cards in Amazon. I just click that, login, and select the card that got the AU, and hit "reload balance."  Total clicks: 4 (bookmark, login button, select cc, reload button).

If I don't have a sale on a card in a given month, I don't use it.  I just make sure it has a balance when I add the AU, so it closes with a statement balance to help it report to the AU's account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Runner77 on June 10, 2017, 05:00:03 PM
I finally got my first sell with the new company. I signed up in late December with 3 cards. My Chase card is in a resting status and my other two cards have a credit limit of $20K and have been open for 2 and 3 years. I received a sale on the 3 year \ $20K limit card earlier this week.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on June 11, 2017, 07:39:39 AM
You guys who have been paid for April adds, when in April? I added one April 25, and not paid yet.

Should I consider that one a May add?

Just signed up for a Barclaycard yesterday, they gave me an $11K limit- so that should be a good one for future!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 11, 2017, 08:24:53 AM
You guys who have been paid for April adds, when in April? I added one April 25, and not paid yet.

Should I consider that one a May add?

Just signed up for a Barclaycard yesterday, they gave me an $11K limit- so that should be a good one for future!

April 6
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 11, 2017, 11:03:29 AM
You guys who have been paid for April adds, when in April? I added one April 25, and not paid yet.

Should I consider that one a May add?

Just signed up for a Barclaycard yesterday, they gave me an $11K limit- so that should be a good one for future!

It will probably be a May add.  I got paid for a 3/31 add on 6/8 and have a 4/26 add that has not been paid yet.

I know there is some angst about New Company on various things, and I wish they would be more precise on the payout schedule, but I feel very comfortable that they will pay out the appropriate commissions after a while.

'grats on the Barclaycard.  They are one of the easier ones to deal with when piggybacking.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SubL stache on June 11, 2017, 12:33:33 PM
How often can you ask for a limit increase?  Or should you?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 11, 2017, 04:47:49 PM
How often can you ask for a limit increase?  Or should you?

As often as you like, although most cards will only increase limits every 3-6 months, and they usually like to have a good reason to increase your limit, like you using the card a lot, or your income going up.

Should you?  Well, it can increase your credit score somewhat if you care about that sort of thing.  Higher limits on older cards seem to sell well in terms of piggybacking.  Also, New Company pays higher commissions for higher limits.  If you had a card that was on the borderline of a higher commission, you'd want to consider the tradeoff of a higher commission to you vs. the higher cost to and thus possibly lower demand by the AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SubL stache on June 11, 2017, 06:48:17 PM
Thanks.

I have a card from 2005 with a 14k limit.  Just increases from 7k limit today, but I didn't think about there being a sweet spot.

Has anyone noticed a what range that threshold may exist at?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on June 11, 2017, 07:12:06 PM
With the old company, I have a Discover card at $9500.  I have always had my four spots full on that card because it is the cheapest rate for buyers at <$10k limit.  I'd try to get right under the next pay threshold.

So $14,999, $19,999, $29,999, or $39,999.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on June 11, 2017, 08:55:55 PM
How often can you ask for a limit increase?  Or should you?

Depends hugely on the issuer. Do some online research on your bank. Discover will consider an increase every 2 months, and it's a basic online form. Other banks are 6 months and want an inquisition. They all vary.

Last August when I found out about this, my old Discover was $3,600 CL. Initial increases were pretty big, but tapered off and I seem stuck at $11,000 now. I am putting more charges through the card and I'll try again at the end of July.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SubL stache on June 11, 2017, 09:55:56 PM
Good point.  I have a Chase card.

From the sounds of kpd905 I'm going to leave it at 14k while I test the demand levels.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on June 12, 2017, 08:58:22 AM
got an add from the new site on a 1 year old card. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 12, 2017, 09:24:29 AM
got an add from the new site on a 1 year old card.

Another DP. I just got an add on a card that's about 15 months old. Very High CL though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Belief10 on June 12, 2017, 11:04:45 AM
Has anyone tried selling these things on their own? I'm just thinking Craiglist, Facebook, etc. Probably could get close to the $600-800 range per trade and cut out the middle man. Especially if it's a matter of meeting someone in person in the city both parties reside in, that would seem pretty low risk to me...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on June 12, 2017, 02:41:02 PM
Has anyone tried selling these things on their own? I'm just thinking Craiglist, Facebook, etc. Probably could get close to the $600-800 range per trade and cut out the middle man. Especially if it's a matter of meeting someone in person in the city both parties reside in, that would seem pretty low risk to me...

you need to do a lot of research the worst thing you can do is add a fake identity to your credit card then you're part of a fraudulent transaction and will be flagged by the FBI.  so if you can do all your own due diligence then maybe it would work alright. but i like the piece of mind of a middle man.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HawkRider on June 13, 2017, 09:35:41 AM

2) Sell the lines yourself. If you can find (and verify) AUs, you can make way more than the cut you're getting here, plus get sales, rather than none.


What rate would one be able to get independently?  Double?

I have contacted the new company multiple times, with a couple of apologies for being busy, or silence, as the answer.

For the original company, I had one sale in February and just now two for June.  It was a nice surprise and I am glad I left the card there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 13, 2017, 09:56:32 AM
Has anyone tried selling these things on their own? I'm just thinking Craiglist, Facebook, etc. Probably could get close to the $600-800 range per trade and cut out the middle man. Especially if it's a matter of meeting someone in person in the city both parties reside in, that would seem pretty low risk to me...

you need to do a lot of research the worst thing you can do is add a fake identity to your credit card then you're part of a fraudulent transaction and will be flagged by the FBI.  so if you can do all your own due diligence then maybe it would work alright. but i like the piece of mind of a middle man.

Yep! Certainly not worth the risk for me. YMMV
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on June 13, 2017, 02:55:08 PM
No adds for June but so far have one lined up for July. I haven't removed the 2 AUs from my Discover yet but their 60 days ran out at the end of May, so I'll probably go ahead and remove them both soon, unless there's a compelling reason to leave them on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 14, 2017, 05:23:43 AM
No adds for June but so far have one lined up for July. I haven't removed the 2 AUs from my Discover yet but their 60 days ran out at the end of May, so I'll probably go ahead and remove them both soon, unless there's a compelling reason to leave them on.

I think it's 60 days minimum. But longer is actually better. It appears to the CC company that you aren't just cycling through AUs therefore, less chance of drawing suspicion. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 14, 2017, 07:56:50 AM
No adds for June but so far have one lined up for July. I haven't removed the 2 AUs from my Discover yet but their 60 days ran out at the end of May, so I'll probably go ahead and remove them both soon, unless there's a compelling reason to leave them on.

You still could get a June ad.  I just got one for my Discover which doesn't close till the 19th.  Makes sense because my citi that's been getting AUs is already past for June.  If a buyer comes in today, they probably want a closing date that's in the next week so they'll show up on the upcoming reporting cycle.  My cap one closes on the 25th and I see no reason why someone would not potentially pick that in the next few days.  They wouldn't pick my citi because they'd have to wait for 4 weeks for it to report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on June 14, 2017, 09:35:27 AM
No adds for June but so far have one lined up for July. I haven't removed the 2 AUs from my Discover yet but their 60 days ran out at the end of May, so I'll probably go ahead and remove them both soon, unless there's a compelling reason to leave them on.

You still could get a June ad.  I just got one for my Discover which doesn't close till the 19th.  Makes sense because my citi that's been getting AUs is already past for June.  If a buyer comes in today, they probably want a closing date that's in the next week so they'll show up on the upcoming reporting cycle.  My cap one closes on the 25th and I see no reason why someone would not potentially pick that in the next few days.  They wouldn't pick my citi because they'd have to wait for 4 weeks for it to report.

It's too late for a June add for my Discover card due to the closing date. Looking at the grid June is no longer available. That's fine because like the poster above you mentioned, I'd like to avoid cycling AUs too quickly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 14, 2017, 11:13:34 AM
FWIW, I think they want 75 days, not 60.  I asked when to remove my first AU with the new co.  The reply was I would get notified at 75 days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: doublethinkmoney on June 14, 2017, 12:18:29 PM
Following to research later!


Sent from my iPhone using Tapatalk
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on June 14, 2017, 03:12:39 PM
FWIW, I think they want 75 days, not 60.  I asked when to remove my first AU with the new co.  The reply was I would get notified at 75 days.

Interesting. I just calculated and I'm at days 79 and 82, respectively, and no notification.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LifestyleDeflation on June 14, 2017, 06:30:13 PM
Question for you ARS- you mentioned that you don't keep your physical cards with you since you're on the road. Do you mind sharing what your monthly purchases on the cards are to keep a balance? Do you have enough recurring bills to have one on each card?

I only use the cards when I get an AU.

I charge $2.50 to the card to reload my Amazon gift card balance.

I have this bookmarked:
https://smile.amazon.com/asv/reload/order?manualReload.amount=2.50 (https://smile.amazon.com/asv/reload/order?manualReload.amount=2.50)

And all my cards in Amazon. I just click that, login, and select the card that got the AU, and hit "reload balance."  Total clicks: 4 (bookmark, login button, select cc, reload button).

If I don't have a sale on a card in a given month, I don't use it.  I just make sure it has a balance when I add the AU, so it closes with a statement balance to help it report to the AU's account.

Do you mind if I ask what kind of stuff you spend your amazon gift card on as a nomad? I'm in a similar situation and have never bought stuff from Amazon on the road.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 14, 2017, 08:13:19 PM
Do you mind if I ask what kind of stuff you spend your amazon gift card on as a nomad? I'm in a similar situation and have never bought stuff from Amazon on the road.

It's a low enough amount (maybe 10/mo--since one $2.50 charge covers all the AUs on that card that month) that I just let it build, then maybe once or twice a year buy some stuff we need and ship it to family who will be visiting.

Mostly got baby stuff, though recently stuff for our RV (water filters, for example).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 15, 2017, 05:12:55 AM
Do you mind if I ask what kind of stuff you spend your amazon gift card on as a nomad? I'm in a similar situation and have never bought stuff from Amazon on the road.

It's a low enough amount (maybe 10/mo--since one $2.50 charge covers all the AUs on that card that month) that I just let it build, then maybe once or twice a year buy some stuff we need and ship it to family who will be visiting.

Mostly got baby stuff, though recently stuff for our RV (water filters, for example).

Totally off topic but are you blogging somewhere about your upcoming RV adventures? I somewhat remember you discussing getting an RV back before you were FIRE. I enjoy reading about folks RV adventures. Something we are thinking about doing in the future.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LifestyleDeflation on June 15, 2017, 09:43:25 AM
Do you mind if I ask what kind of stuff you spend your amazon gift card on as a nomad? I'm in a similar situation and have never bought stuff from Amazon on the road.

It's a low enough amount (maybe 10/mo--since one $2.50 charge covers all the AUs on that card that month) that I just let it build, then maybe once or twice a year buy some stuff we need and ship it to family who will be visiting.

Mostly got baby stuff, though recently stuff for our RV (water filters, for example).

Cool- thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: fat-johnny on June 16, 2017, 06:13:34 AM
I registered two card back in late January:

They have not contacted me at all to add an AU to either of these cards......so I have made no money.

Any advice?  Or do I just wait it out and hope they sell one of my slots soon?
FJ
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 16, 2017, 08:01:20 AM
I registered two card back in late January:
  • Barclay Mastercard, 2 years old, $20.5k limit
  • Discover, 3 years old, $10.5k limit

They have not contacted me at all to add an AU to either of these cards......so I have made no money.

Any advice?  Or do I just wait it out and hope they sell one of my slots soon?
FJ

My card that I've seen sales on is 7 years old. Maybe buyers like older cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 16, 2017, 11:33:07 AM
I registered two card back in late January:
  • Barclay Mastercard, 2 years old, $20.5k limit
  • Discover, 3 years old, $10.5k limit

They have not contacted me at all to add an AU to either of these cards......so I have made no money.

Any advice?  Or do I just wait it out and hope they sell one of my slots soon?
FJ

Not really anything you can do. I am sure they are flooded with cards. Just don't get your expectations or hopes up. If you get a sale on occasion then just be happy. That's kind of the way I look at it. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on June 16, 2017, 04:32:36 PM
I registered two card back in late January:
  • Barclay Mastercard, 2 years old, $20.5k limit
  • Discover, 3 years old, $10.5k limit

They have not contacted me at all to add an AU to either of these cards......so I have made no money.

Any advice?  Or do I just wait it out and hope they sell one of my slots soon?
FJ

My card that I've seen sales on is 7 years old. Maybe buyers like older cards?

My oldest is over 20 years, no bites in 6 cycles.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 17, 2017, 06:14:33 AM
I registered two card back in late January:
  • Barclay Mastercard, 2 years old, $20.5k limit
  • Discover, 3 years old, $10.5k limit

They have not contacted me at all to add an AU to either of these cards......so I have made no money.

Any advice?  Or do I just wait it out and hope they sell one of my slots soon?
FJ

My card that I've seen sales on is 7 years old. Maybe buyers like older cards?

My oldest is over 20 years, no bites in 6 cycles.

Maybe it's too old. Maybe it's on the other side of the sweet spot?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SubL stache on June 21, 2017, 04:18:31 PM
My wife added me as an AU on her old Chase card so I could do the work to get this tradeline thing going.

Unfortunately I found out that the tradeline company doesn't use Chase cards because they don't report right or something....

But I just checked creditkarma and my credit age went from avg. 2 years to avg. 6 yrs by adding wifes 11 yr old card and my score went from 753 to 809.  So it seems I have piggybacked her credit just fine with only the addition of a Chase AU slot.

What am I missing?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 21, 2017, 04:21:57 PM
My wife added me as an AU on her old Chase card so I could do the work to get this tradeline thing going.

Unfortunately I found out that the tradeline company doesn't use Chase cards because they don't report right or something....

But I just checked creditkarma and my credit age went from avg. 2 years to avg. 6 yrs by adding wifes 11 yr old card and my score went from 753 to 809.  So it seems I have piggybacked her credit just fine with only the addition of a Chase AU slot.

What am I missing?

Chase does work, but not alone; it needs to be paired with another card to work correctly.

Your address already matches hers, so it reports fine.

Normally Chase won't report correctly on its own, but if you "pair" it with another card, which DOES report and has your address, Chase will match because of that address match now, and report fine.

Since you already have the address match, it works fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on June 23, 2017, 07:32:06 PM
Maybe they're just clamping down more, or the fact that I'm fairly consistently selling 3 Discover AU slots per month these days is triggering something...fingers crossed it isn't a sign of a coming card shutdown.

If you can, let me know if you get a new sale on your Discover and if it works out ok, or if you have problems.

I decided to be conservative and ask them to not sell any AU on that card currently. I will let it rest for one cycle. Probably was unnecessary, but I didn't want to deal with any hassle.

Canuck, reporting back: All three Discover sales posted just fine (old TL co.) so all is well in Discover-land, at least for now. $375. Nice.
Title: Question about the other guy
Post by: JL9berg13 on June 23, 2017, 08:28:52 PM
Clearly by my post number I'm the new kid, but I do have a question...

I've read about 5 of the 29 pages and didn't see anything mentioned about it so I'm guessing nobody has brought it up.  But the point of this, from the other person's perspective, is to be able to buy something, on your credit, that they wouldn't normally be able to buy (because they don't have the credit), right?

If that's the case, are we doing the right thing? I'm sure that some people need to build that credit (if that's in fact what's happening, which I haven't confirmed). But there are also some people for sure who aren't able to get that credit for a reason, and what we are doing in signing them up is allowing them to get in over their head from a debt standpoint. Right?

Admittedly, when I read the first post's "Q: Is this ethical? A: That depends..." part, I became instantly skeptical. 

But also, I think one of the tenets of MMM is to do things the right way, and not the get-rich-quick or get-rich-off-the-suckers way. 

Not trying to throw shade or be a wet blanket, but I'm looking for some clarity on what happens to the other guy (whoever he is).  Thanks.

e job here is to sign up people as authorized users on your credit so they can purchase things, right?



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on June 23, 2017, 08:48:44 PM
Quote
e job here is to sign up people as authorized users on your credit so they can purchase things, right?

I can't think of many (any?) reason someone would spend the big bucks for an AU spot unless they wanted better terms on a loan.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 23, 2017, 10:58:00 PM
Typically it's people stuck in the cycle of low/no credit, can't get credit to improve their credit. This gives them a jump start on improving their credit temporarily so they can get credit to improve it permanently.

Piggybacking doesn't work if their credit has recent lates; it's best for people with middling credit who need a boost to lower an interest rate (in which case it's worth it to them to pay 1k to save 80k over the life of their mortgage), or people with no credit wanting to jump start their life.  It won't help much people who have very low credit due to buying and not paying for things.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 24, 2017, 06:31:16 AM
I'll throw in my own personal experience. I completely destroyed my credit as an idiotic teenager. I ran up multiple credit cards I couldn't pay off and a car loan that ended up with a repossessed car. I entered the military after deciding I had enough. I had no car, no money, no job and shitty credit so I couldn't even get a small loan for a car. In the midst of trying to build my credit back up I had to pay a down payment on a cell phone and denied the true job I wanted in the Air Force (said my credit was too shitty). It took 3 years before I finally was able to qualify for a car loan. My interest rate was something like 13%. It sucked. I made every payment on time and even paid the car off early. I really REALLY could have used a credit repair type of service like this had I known they existed. It would have saved me a ton of money.

I know each person and situation is different. I might have a slight bias towards trying to help some folks like younger me ( :
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on June 24, 2017, 08:52:31 AM
Thank you, beginnerstache!

I really wonder about the humans behind my 5 tradeline sales I've had so far.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JL9berg13 on June 24, 2017, 10:04:04 AM
Thanks arebelspy and Bstache for the replies.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on June 24, 2017, 11:49:36 AM
I don't think about it from an ethical standpoint, but as a form of an arbitrage opportunity (abusing the term arbitrage slightly).

Say I had an 18 year old child and I added them as an authorized user solely for the purpose of increasing their credit score, and then destroyed their card as soon is it arrived. Would anyone really think anything of it? You would probably be lauded for doing it.

There are other people who want their credit scores increased, and don't have someone who is willing or able to do it for them, but they would pay good money for an increased credit score.

It's roughly analogous to having two different markets with price discrepancies. Selling your tradeline is exploiting the price difference between those two markets. Generally, people believe arbitrage should be encouraged, as it contributes to market efficiency. Which I guess in this case would be pricing the two markets to be equivalent, or shutting down the mechanism of moving between the two (adding as authorized users).

I don't think those ideas are fully formed, but there you have my two cents
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 25, 2017, 12:05:21 PM
Someone who audits mortgages said that he often pulls up credit reports that bars authorized user credit lines from appearing on the credit report. So I don't think all credit reports are created equal. Car lenders might not be as strict about the credit report as compared to home mortgage lenders.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on June 25, 2017, 07:55:05 PM
Credit Sesame just sent me a message saying there was a "paid tradeline" alert on my account.  I was like, shit, they make a note of suspicious activity on my credit report now?  But now, when I logged in it just said "Congratulations! A creditor has reported that you recently paid one of your accounts down to $0."  Well yeah I do that every month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 26, 2017, 05:36:56 AM
Credit Sesame just sent me a message saying there was a "paid tradeline" alert on my account.  I was like, shit, they make a note of suspicious activity on my credit report now?  But now, when I logged in it just said "Congratulations! A creditor has reported that you recently paid one of your accounts down to $0."  Well yeah I do that every month.

Huh, weird I got a similar message for the first time ever. Guess I can expect to get a lot more of those.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 26, 2017, 09:08:48 AM
Credit Sesame just sent me a message saying there was a "paid tradeline" alert on my account.  I was like, shit, they make a note of suspicious activity on my credit report now?  But now, when I logged in it just said "Congratulations! A creditor has reported that you recently paid one of your accounts down to $0."  Well yeah I do that every month.

Huh, weird I got a similar message for the first time ever. Guess I can expect to get a lot more of those.

That sounds like something new credit sesame decided to implement.

It has nothing to do with authorized user tradelines.

Seems annoying if you get it every time you pay a CC to zero--that should happen every month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 26, 2017, 10:55:43 AM
It is fairly new and yes, it is annoying!  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 26, 2017, 10:57:11 AM
On the plus side, any card you sell tradelines on, you won't get this message, as it'll have a tiny charge on it. ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 26, 2017, 11:15:07 AM
Mine originated from Credit Karma. And yes it will get annoying if they send them out every time I pay off my balance. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on June 26, 2017, 12:43:37 PM
Credit Sesame just sent me a message saying there was a "paid tradeline" alert on my account.  I was like, shit, they make a note of suspicious activity on my credit report now?  But now, when I logged in it just said "Congratulations! A creditor has reported that you recently paid one of your accounts down to $0."  Well yeah I do that every month.

Huh, weird I got a similar message for the first time ever. Guess I can expect to get a lot more of those.

That sounds like something new credit sesame decided to implement.

It has nothing to do with authorized user tradelines.

Seems annoying if you get it every time you pay a CC to zero--that should happen every month.

CreditSesame seems pretty desparate for me to log in.  They are always sending me BS messages like "There's a 65% chance your credit score has changed!" and so forth.  I guess it's just below my threshold for unsubscribing, but these new alerts will probably be the last straw.  I rarely even use CreditSesame because CreditKarma is so much better (more detailed information, two credit bureaus).  Between CK and the free annual credit reports, I feel like I'm covered for finding fraudulent accounts.

edit: ok, I just realized I've been getting almost 1 email per day from CS.  This really started in the last 1-2 months.  In March it was still a healthy 11 emails.  To be fair, it's easy to unsubscribe so I'm not sure why I didn't... I guess they boiled my frog.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on June 27, 2017, 10:28:14 AM
I got the text and email this morning to add a new AU to my Discover. Just logged in and went through the process. Got to the final screen for AU submitted and it said look here for the decision on your add, but there was no decision - and the new AU add isn't showing up in the Manage AU section. Has this happened to anyone else? I don't want to get ahead of myself and try to add them again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on June 27, 2017, 10:37:56 AM
I got the text and email this morning to add a new AU to my Discover. Just logged in and went through the process. Got to the final screen for AU submitted and it said look here for the decision on your add, but there was no decision - and the new AU add isn't showing up in the Manage AU section. Has this happened to anyone else? I don't want to get ahead of myself and try to add them again.

This sounds similar to what RedwoodDreams and I have been encountering with Discover. So far works out in end, but looks like some kind of increased monitoring or auditing?:
Report (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1559904/#msg1559904)
Update (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1600159/#msg1600159)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on June 27, 2017, 10:40:26 AM
I got the text and email this morning to add a new AU to my Discover. Just logged in and went through the process. Got to the final screen for AU submitted and it said look here for the decision on your add, but there was no decision - and the new AU add isn't showing up in the Manage AU section. Has this happened to anyone else? I don't want to get ahead of myself and try to add them again.

This sounds similar to what RedwoodDreams have been encountering with Discover. So far works out in end, but looks like some kind of increased monitoring or auditing?:
Report (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1559904/#msg1559904)
Update (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1600159/#msg1600159)

Thank you for the link - that does sound exactly like it. I'll chat with them and then cross my fingers that I can get it approved in time.

UPDATE: I chatted through the online portal and asked for status. The first agent transferred me to their "specialty team," who told me they could review the application right then. They asked for my DOB and then took a minute or two before telling me the application was approved. The AU is now on my account. Seems like online chat is the way to go if you have this issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on June 27, 2017, 01:34:27 PM
I honestly think it's better to give it a day or two before chatting.  Sending you to the "specialty team" seem s like it would raise flags after you do it a few times
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on June 27, 2017, 04:22:31 PM
I honestly think it's better to give it a day or two before chatting.  Sending you to the "specialty team" seem s like it would raise flags after you do it a few times

That may be true, but typically the add has to be completed the day it's requested or you won't get credit for it, right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 27, 2017, 05:36:56 PM
I honestly think it's better to give it a day or two before chatting.  Sending you to the "specialty team" seem s like it would raise flags after you do it a few times

That may be true, but typically the add has to be completed the day it's requested or you won't get credit for it, right?

Nope.  They will ask you to add it the day they notify you, and doing so is the most conservative way to go to ensure getting paid, but - with me at least - they build in a few days of wiggle room.  My last add was on a Friday, and I added them that same day but just forgot to press the "Yup, I've added them" button in the online portal.  I got an email from them four days later asking if I had added them yet and if not it was still OK but needed to be done that day.  I reassured them via email and pressed the button in the portal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on June 27, 2017, 11:35:01 PM
I honestly think it's better to give it a day or two before chatting.  Sending you to the "specialty team" seem s like it would raise flags after you do it a few times

That may be true, but typically the add has to be completed the day it's requested or you won't get credit for it, right?

Nope.  They will ask you to add it the day they notify you, and doing so is the most conservative way to go to ensure getting paid, but - with me at least - they build in a few days of wiggle room.  My last add was on a Friday, and I added them that same day but just forgot to press the "Yup, I've added them" button in the online portal.  I got an email from them four days later asking if I had added them yet and if not it was still OK but needed to be done that day.  I reassured them via email and pressed the button in the portal.

I think if it's approved by statement closing date it will post
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on June 28, 2017, 06:08:57 AM
Canukexpat wrote
Quote
This sounds similar to what RedwoodDreams and I have been encountering with Discover. So far works out in end, but looks like some kind of increased monitoring or auditing?

I tried to Login to my Discover and they locked me out and made me contact account verification or fraud or some such department. They asked about the AU and lucky I had their names and good records. More like a friendly conversation versus an interrogation, but I think they are obviously monitoring the AU situation. Now I have a new add for today and not sure if I should add them today or wait, any opinions? I will contact the recommended company when they open. Hate to have my Discover card rest as it is the only card I get adds on so far. Just one every other month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on June 28, 2017, 12:31:00 PM
Ok, so I have a US Bank card enrolled with the recommended TL company.  The portal says "Month Limit: 2", which I take to mean 2 additional AU's on the card per month.  I had one add in May which I'm scheduled to remove on 7/28.  Then I got another sale on that card on 6/21 and successfully added the AU.  Now today I get another add for that card, which will put the total AU's at 3 for July.  Should I have any concern about that, or just add the new sale as instructed?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 28, 2017, 01:50:16 PM
Ok, so I have a US Bank card enrolled with the recommended TL company.  The portal says "Month Limit: 2", which I take to mean 2 additional AU's on the card per month.  I had one add in May which I'm scheduled to remove on 7/28.  Then I got another sale on that card on 6/21 and successfully added the AU.  Now today I get another add for that card, which will put the total AU's at 3 for July.  Should I have any concern about that, or just add the new sale as instructed?

In situations like this, I usually send an email to the TL company asking them to confirm that they want me to add the AU.  If they say yes and I feel comfortable with the situation, I'll go ahead with the add.  If I feel *really* uncomfortable or have a problem with the add, I'll email the TL company and tell them I don't feel comfortable or it didn't work; the TL company will then move the sale to some other card.

The 2 AU limit on USBank is a recommendation.  I have had the TL company ask me to exceed the recommendation a time or two.  Up to each individual here if they're comfortable doing that or not.  In my case, each time it was on a USAA card and I think USAA won't allow more than 2 at a time, so I had to tell the TL company it didn't work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on June 28, 2017, 02:52:31 PM
Ok, so I have a US Bank card enrolled with the recommended TL company.  The portal says "Month Limit: 2", which I take to mean 2 additional AU's on the card per month.  I had one add in May which I'm scheduled to remove on 7/28.  Then I got another sale on that card on 6/21 and successfully added the AU.  Now today I get another add for that card, which will put the total AU's at 3 for July.  Should I have any concern about that, or just add the new sale as instructed?

In situations like this, I usually send an email to the TL company asking them to confirm that they want me to add the AU.  If they say yes and I feel comfortable with the situation, I'll go ahead with the add.  If I feel *really* uncomfortable or have a problem with the add, I'll email the TL company and tell them I don't feel comfortable or it didn't work; the TL company will then move the sale to some other card.

The 2 AU limit on USBank is a recommendation.  I have had the TL company ask me to exceed the recommendation a time or two.  Up to each individual here if they're comfortable doing that or not.  In my case, each time it was on a USAA card and I think USAA won't allow more than 2 at a time, so I had to tell the TL company it didn't work.

Ok thanks - that's kind of what I thought but haven't had enough sales until now to worry about it.  I've emailed the TL company.  The deadline to get them added is soon so I'll likely go ahead with the add. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: threepacballer on June 28, 2017, 03:31:05 PM
Got first add today from recommended company on Discover Card. I signed up on 5/15 so it did not take that long. The online form rejected the address as it was a PO Box company address. I sent the TL company an email letting them know and they said call them to add. I was a little apprehensive given it was a name very hard to pronounce but I told the rep that upfront and just spelled it. They said fine and card is on its way. Smooth sailing so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: The Fake Cheap on June 29, 2017, 06:06:29 PM
I assume these companies on deal with US credit/trade lines.   

Anyone know of any trade line companies where Canadians can catch a piece of this action?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 29, 2017, 07:08:09 PM
Anyone know of any trade line companies where Canadians can catch a piece of this action?

It doesn't work in Canada; they don't report the same way for credit reporting purposes, so it doesn't do anything for an AU's score.  US only, unfortunately.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on June 29, 2017, 09:58:40 PM
Canukexpat wrote
Quote
This sounds similar to what RedwoodDreams and I have been encountering with Discover. So far works out in end, but looks like some kind of increased monitoring or auditing?

I tried to Login to my Discover and they locked me out and made me contact account verification or fraud or some such department. They asked about the AU and lucky I had their names and good records. More like a friendly conversation versus an interrogation, but I think they are obviously monitoring the AU situation. Now I have a new add for today and not sure if I should add them today or wait, any opinions? I will contact the recommended company when they open. Hate to have my Discover card rest as it is the only card I get adds on so far. Just one every other month.

I would go for it and add the AU. After my experience with Discover for last month's three adds, I feel more comfortable with the fact that they're just now being careful about adding any AUs. My sense is that they mostly want to make sure YOU as the cardholder are the one doing the adding, someone hasn't hacked your account, etc. All three posted fine and tomorrow is payday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: coolshemp on June 30, 2017, 05:12:45 AM
Canukexpat wrote
Quote
This sounds similar to what RedwoodDreams and I have been encountering with Discover. So far works out in end, but looks like some kind of increased monitoring or auditing?

I tried to Login to my Discover and they locked me out and made me contact account verification or fraud or some such department. They asked about the AU and lucky I had their names and good records. More like a friendly conversation versus an interrogation, but I think they are obviously monitoring the AU situation. Now I have a new add for today and not sure if I should add them today or wait, any opinions? I will contact the recommended company when they open. Hate to have my Discover card rest as it is the only card I get adds on so far. Just one every other month.

I would go for it and add the AU. After my experience with Discover for last month's three adds, I feel more comfortable with the fact that they're just now being careful about adding any AUs. My sense is that they mostly want to make sure YOU as the cardholder are the one doing the adding, someone hasn't hacked your account, etc. All three posted fine and tomorrow is payday.

Really?  Was payday today?  Nothing was added to my account...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 30, 2017, 05:13:17 AM
Ok, so I have a US Bank card enrolled with the recommended TL company.  The portal says "Month Limit: 2", which I take to mean 2 additional AU's on the card per month.  I had one add in May which I'm scheduled to remove on 7/28.  Then I got another sale on that card on 6/21 and successfully added the AU.  Now today I get another add for that card, which will put the total AU's at 3 for July.  Should I have any concern about that, or just add the new sale as instructed?

In situations like this, I usually send an email to the TL company asking them to confirm that they want me to add the AU.  If they say yes and I feel comfortable with the situation, I'll go ahead with the add.  If I feel *really* uncomfortable or have a problem with the add, I'll email the TL company and tell them I don't feel comfortable or it didn't work; the TL company will then move the sale to some other card.

The 2 AU limit on USBank is a recommendation.  I have had the TL company ask me to exceed the recommendation a time or two.  Up to each individual here if they're comfortable doing that or not.  In my case, each time it was on a USAA card and I think USAA won't allow more than 2 at a time, so I had to tell the TL company it didn't work.

I had 3 on my USAA card the first few months of the year. Wasn't a problem with USAA. Not sure I would do it again though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 30, 2017, 01:23:10 PM
Canukexpat wrote
Quote
This sounds similar to what RedwoodDreams and I have been encountering with Discover. So far works out in end, but looks like some kind of increased monitoring or auditing?

I tried to Login to my Discover and they locked me out and made me contact account verification or fraud or some such department. They asked about the AU and lucky I had their names and good records. More like a friendly conversation versus an interrogation, but I think they are obviously monitoring the AU situation. Now I have a new add for today and not sure if I should add them today or wait, any opinions? I will contact the recommended company when they open. Hate to have my Discover card rest as it is the only card I get adds on so far. Just one every other month.

I would go for it and add the AU. After my experience with Discover for last month's three adds, I feel more comfortable with the fact that they're just now being careful about adding any AUs. My sense is that they mostly want to make sure YOU as the cardholder are the one doing the adding, someone hasn't hacked your account, etc. All three posted fine and tomorrow is payday.

Really?  Was payday today?  Nothing was added to my account...

For some reason I think it will be around 7/7.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: o2bfree on June 30, 2017, 08:05:54 PM
I read this in the FAQs:

"In a worst-case scenario, the credit card company may shut down other lines and accounts you have with them besides that one card, and/or refuse to issue you new cards.  Chase is the only one I'm aware of that does this, so be careful with them, but the other companies, if they shut your card down (which is rare) will likely only shut down that one single card, not any other accounts with them, nor refuse to issue you any new credit."

I have a 3-year old Visa with a $17,000 limit issued by Elan Financial via Fidelity. Fidelity handles my 401k and several other of my investment accounts. The card is just a backup card for traveling, so I might try selling some spots on it. I don't know if Fidelity would care if the card got closed since they're not the issuer, but being the cautious sort I'm a little nervous about doing anything to mess up my retirement accounts.

Up to this point, has anyone had other accounts shut down by anyone other than Chase?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on July 01, 2017, 10:44:28 AM
Thanks Redwooddreams!  I did post my AU to discover ( recommended company never replied to my email or my text) and the user was added without incident, guess I was just paranoid.
I am going to add another card this month a 2 year old Citibank that I have been holding back waiting fo it to turn 2 and maybe I can make 150 a month or so, worth the trouble I feel.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on July 01, 2017, 11:01:16 AM
I read this in the FAQs:

"In a worst-case scenario, the credit card company may shut down other lines and accounts you have with them besides that one card, and/or refuse to issue you new cards.  Chase is the only one I'm aware of that does this, so be careful with them, but the other companies, if they shut your card down (which is rare) will likely only shut down that one single card, not any other accounts with them, nor refuse to issue you any new credit."

I have a 3-year old Visa with a $17,000 limit issued by Elan Financial via Fidelity. Fidelity handles my 401k and several other of my investment accounts. The card is just a backup card for traveling, so I might try selling some spots on it. I don't know if Fidelity would care if the card got closed since they're not the issuer, but being the cautious sort I'm a little nervous about doing anything to mess up my retirement accounts.

Up to this point, has anyone had other accounts shut down by anyone other than Chase?

BoA was recently shutting down accounts, but it wasn't due to tradelines - it was people with 5+ BoA cards, often duplicates or triplicates. Last year there was a MLB Cash card with a juicy signup bonus ($200 on $500 spend) - and you could pick different teams. So people started collecting teams, and BoA let them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on July 01, 2017, 11:06:40 AM
Ok, so I have a US Bank card enrolled with the recommended TL company.  The portal says "Month Limit: 2", which I take to mean 2 additional AU's on the card per month.  I had one add in May which I'm scheduled to remove on 7/28.  Then I got another sale on that card on 6/21 and successfully added the AU.  Now today I get another add for that card, which will put the total AU's at 3 for July.  Should I have any concern about that, or just add the new sale as instructed?

I would NOT put a 3rd AU on a US Bank card.

But that's me. I've already had to go through fraud verification (twice, because the first person verified me but didn't actually clear the flag)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 01, 2017, 11:44:24 AM
I read this in the FAQs:

"In a worst-case scenario, the credit card company may shut down other lines and accounts you have with them besides that one card, and/or refuse to issue you new cards.  Chase is the only one I'm aware of that does this, so be careful with them, but the other companies, if they shut your card down (which is rare) will likely only shut down that one single card, not any other accounts with them, nor refuse to issue you any new credit."

I have a 3-year old Visa with a $17,000 limit issued by Elan Financial via Fidelity. Fidelity handles my 401k and several other of my investment accounts. The card is just a backup card for traveling, so I might try selling some spots on it. I don't know if Fidelity would care if the card got closed since they're not the issuer, but being the cautious sort I'm a little nervous about doing anything to mess up my retirement accounts.

Up to this point, has anyone had other accounts shut down by anyone other than Chase?

BoA was recently shutting down accounts, but it wasn't due to tradelines - it was people with 5+ BoA cards, often duplicates or triplicates. Last year there was a MLB Cash card with a juicy signup bonus ($200 on $500 spend) - and you could pick different teams. So people started collecting teams, and BoA let them.

I was just reading about this the other day. Wish I could have gotten in on some of that action. Didn't do much CC churning last year so I missed out on it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: o2bfree on July 01, 2017, 12:18:39 PM
I read this in the FAQs:

"In a worst-case scenario, the credit card company may shut down other lines and accounts you have with them besides that one card, and/or refuse to issue you new cards.  Chase is the only one I'm aware of that does this, so be careful with them, but the other companies, if they shut your card down (which is rare) will likely only shut down that one single card, not any other accounts with them, nor refuse to issue you any new credit."

I have a 3-year old Visa with a $17,000 limit issued by Elan Financial via Fidelity. Fidelity handles my 401k and several other of my investment accounts. The card is just a backup card for traveling, so I might try selling some spots on it. I don't know if Fidelity would care if the card got closed since they're not the issuer, but being the cautious sort I'm a little nervous about doing anything to mess up my retirement accounts.

Up to this point, has anyone had other accounts shut down by anyone other than Chase?

BoA was recently shutting down accounts, but it wasn't due to tradelines - it was people with 5+ BoA cards, often duplicates or triplicates. Last year there was a MLB Cash card with a juicy signup bonus ($200 on $500 spend) - and you could pick different teams. So people started collecting teams, and BoA let them.

Interesting! I just signed up for a BoA card for a $150 on $500 bonus, and I'll probably mature it for tradelines. I noticed they still offer the MLB card, but with the same $150 on $500 bonus.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on July 01, 2017, 04:43:52 PM
I read this in the FAQs:

"In a worst-case scenario, the credit card company may shut down other lines and accounts you have with them besides that one card, and/or refuse to issue you new cards.  Chase is the only one I'm aware of that does this, so be careful with them, but the other companies, if they shut your card down (which is rare) will likely only shut down that one single card, not any other accounts with them, nor refuse to issue you any new credit."

I have a 3-year old Visa with a $17,000 limit issued by Elan Financial via Fidelity. Fidelity handles my 401k and several other of my investment accounts. The card is just a backup card for traveling, so I might try selling some spots on it. I don't know if Fidelity would care if the card got closed since they're not the issuer, but being the cautious sort I'm a little nervous about doing anything to mess up my retirement accounts.

Up to this point, has anyone had other accounts shut down by anyone other than Chase?

BoA was recently shutting down accounts, but it wasn't due to tradelines - it was people with 5+ BoA cards, often duplicates or triplicates. Last year there was a MLB Cash card with a juicy signup bonus ($200 on $500 spend) - and you could pick different teams. So people started collecting teams, and BoA let them.

Interesting! I just signed up for a BoA card for a $150 on $500 bonus, and I'll probably mature it for tradelines. I noticed they still offer the MLB card, but with the same $150 on $500 bonus.

The $150 on $500 are pretty common. I try to hold out for at least $200 on $500 (got one of those from BoA and one from Barclay this year) or even better $500 on $3,000 (Barclay, Chase, CapOne) when I have a chunk of travel for work coming up - I can put the travel expenses on the new card and get reimbursed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 02, 2017, 05:21:32 AM
I read this in the FAQs:

"In a worst-case scenario, the credit card company may shut down other lines and accounts you have with them besides that one card, and/or refuse to issue you new cards.  Chase is the only one I'm aware of that does this, so be careful with them, but the other companies, if they shut your card down (which is rare) will likely only shut down that one single card, not any other accounts with them, nor refuse to issue you any new credit."

I have a 3-year old Visa with a $17,000 limit issued by Elan Financial via Fidelity. Fidelity handles my 401k and several other of my investment accounts. The card is just a backup card for traveling, so I might try selling some spots on it. I don't know if Fidelity would care if the card got closed since they're not the issuer, but being the cautious sort I'm a little nervous about doing anything to mess up my retirement accounts.

Up to this point, has anyone had other accounts shut down by anyone other than Chase?

BoA was recently shutting down accounts, but it wasn't due to tradelines - it was people with 5+ BoA cards, often duplicates or triplicates. Last year there was a MLB Cash card with a juicy signup bonus ($200 on $500 spend) - and you could pick different teams. So people started collecting teams, and BoA let them.

Interesting! I just signed up for a BoA card for a $150 on $500 bonus, and I'll probably mature it for tradelines. I noticed they still offer the MLB card, but with the same $150 on $500 bonus.

The $150 on $500 are pretty common. I try to hold out for at least $200 on $500 (got one of those from BoA and one from Barclay this year) or even better $500 on $3,000 (Barclay, Chase, CapOne) when I have a chunk of travel for work coming up - I can put the travel expenses on the new card and get reimbursed.

Haven't seen a $200 for $500 lately. I signed up for the same BoA card $150 for $500. Trying to be careful on the higher spend requirement cards since Serve was getting shutdown for a whole bunch of folks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on July 02, 2017, 07:08:28 AM
FYI, for those discussing and interested in bank account opening bonuses, active thread here: Bank account churning: how to make $1600 in a year by being organized (https://forum.mrmoneymustache.com/share-your-badassity/bank-account-churning-how-to-make-$1600-in-a-year-by-being-organized/)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on July 03, 2017, 09:58:42 PM
Just had a repo man knock on my door (at 10pm), trying to find a former AU, so he could re-posses an Audi A8.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 03, 2017, 11:39:55 PM
Just had a repo man knock on my door (at 10pm), trying to find a former AU, so he could re-posses an Audi A8.

Wow. Fun story. Not so fun to experience.

May be worth running all tradeline stuff through a post office or mail forwarding address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 04, 2017, 06:27:34 AM
Just had a repo man knock on my door (at 10pm), trying to find a former AU, so he could re-posses an Audi A8.

Wowzer. That's a bit scary!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on July 04, 2017, 12:49:46 PM
Just had a repo man knock on my door (at 10pm), trying to find a former AU, so he could re-posses an Audi A8.

Wow. Fun story. Not so fun to experience.

May be worth running all tradeline stuff through a post office or mail forwarding address.

Yeah, I might consider a P.O. Box for my credit card mailing address - this one was actually my SO's former AU, so we should probably both consider changing things over. It wasn't a big inconvenience - obviously we didn't have the car here, and we just played dumb and explained to the guy that the person he was seeking did not live here - but it'd be ideal to not have creditors coming around occasionally. I am slightly surprised that they sent someone to check, since the AU lives in California. I imagine the repo man was disappointed that he didn't get a bounty for finding the car - not sure how they make their money, but I imagine it requires actual delivery of the item :)

This anecdote does further highlight the benefit of also adding the AU's address whenever possible. This was a Capital One add, so unless we call we can't add their address, so this type of thing may continue to happen with some AUs depending on the bank. We have also each received a few 'collections' calls from Capital One adds (the tradeline company told me to put in my phone number with Capital One adds) - but I just tell them they have the wrong number and they usually stop calling.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on July 05, 2017, 11:45:25 AM
Another Discover card anecdote: I went to remove two AUs from my card yesterday though the site's "Manage" section. In the past, I've just been able to remove AUs online, no fuss.

Yesterday, however, I got a message that the operation couldn't be done at the time, and to call an 800- number about lost or stolen cards.

I remembered that when I'd logged in, I'd gotten a nudge from Discover that I had AU cards to activate. So I went ahead and activated the cards of the users I wanted to remove, and after I got a confirmation email from Discover, logged back in and was able to remove the AUs from my card online.

Possibly a fluke, but possibly they want to see AU cards activated (?) before they let you easily remove 'em (?) Just something to be aware of if you run into a similar situation.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 05, 2017, 12:02:21 PM
Another Discover card anecdote: I went to remove two AUs from my card yesterday though the site's "Manage" section. In the past, I've just been able to remove AUs online, no fuss.

Yesterday, however, I got a message that the operation couldn't be done at the time, and to call an 800- number about lost or stolen cards.

I remembered that when I'd logged in, I'd gotten a nudge from Discover that I had AU cards to activate. So I went ahead and activated the cards of the users I wanted to remove, and after I got a confirmation email from Discover, logged back in and was able to remove the AUs from my card online.

Possibly a fluke, but possibly they want to see AU cards activated (?) before they let you easily remove 'em (?) Just something to be aware of if you run into a similar situation.

Weird.  I always add/remove Discover online (removed two a few days ago) and have never activated their card.  I'd probably try logging out and back in, first, but good to know activating them solved it for you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 05, 2017, 01:00:15 PM
FYI, I recently discovered the activation link for Discover.  I was shredding them and not even trying to activate them previously.  Previous AUs posted fine without activation.  I don't think activation is needed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: poor on July 05, 2017, 03:44:35 PM
Hi, new to MMM.  I keep a lot of cards and my friend recommended me to this thread.  I am definitely interested but looking to draw on the experiences of others.  I need to decide if it is worth the time investment or if the market is oversaturated at this point.  The 2 cards I would like to use are citibank and barclay (I think that these are two of the easier ones to use).  Each card is 2-4 years and $10k-$15k.  How much money would I expect to make off this?  Also, does it make sense to open a PO box (to keep creditors away from my home address)?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 05, 2017, 04:01:13 PM
Hi, new to MMM.  I keep a lot of cards and my friend recommended me to this thread.  I am definitely interested but looking to draw on the experiences of others.  I need to decide if it is worth the time investment or if the market is oversaturated at this point.  The 2 cards I would like to use are citibank and barclay (I think that these are two of the easier ones to use).  Each card is 2-4 years and $10k-$15k.  How much money would I expect to make off this?

It's pretty saturated, so I'd expect to make hundreds (possibly low thousands), rather than thousands (or high single-digit thousands), per card per year.  Whether or not that's worth the effort is up to you.

The hourly rate on whatever you sell is pretty insane (over $1000/hr), it's a very low amount of work.

Quote
Also, does it make sense to open a PO box (to keep creditors away from my home address)?

Depends. That's just a calculation on how you value the cost of the item versus annoyance of the event times the probability that it happens.

We've (collectively, as a group) now sold thousands of tradelines, and had:
1 report of a collector knocking on someone's door.
2-3 reports of a collector placing a phone call to someone.
3-5? reports of receiving junk mail for a previous AU.

The odds of it happening are pretty low. The annoyance if it happens depends on you. The cost for the PO box varies.

I'd just run all that together and make a decision.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lmf on July 05, 2017, 04:56:23 PM
Ok, so I have a US Bank card enrolled with the recommended TL company.  The portal says "Month Limit: 2", which I take to mean 2 additional AU's on the card per month.  I had one add in May which I'm scheduled to remove on 7/28.  Then I got another sale on that card on 6/21 and successfully added the AU.  Now today I get another add for that card, which will put the total AU's at 3 for July.  Should I have any concern about that, or just add the new sale as instructed?

I just had the same thing happen with my US Bank card.  I emailed the TL company to ask if I should remove one of the other two AUs before adding the new one and they said their new policy is to leave the AUs on for 75 days rather than 60 days.  That would mean that the card would have 3 AUs for the next two weeks.  Can anyone else confirm that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Taz-d on July 05, 2017, 05:28:50 PM
I just had the same thing happen with my US Bank card.  I emailed the TL company to ask if I should remove one of the other two AUs before adding the new one and they said their new policy is to leave the AUs on for 75 days rather than 60 days.  That would mean that the card would have 3 AUs for the next two weeks.  Can anyone else confirm that?

I can confirm a similar experience. I already had 3 AUs on my US Bank card (1 add in late March, 2 adds in April). These were my first sales (yay!) and were done before I noticed the switch to the 2 AUs recommendation for US Bank.  Last week I was asked to remove the oldest AU and add a new one. I emailed the contact at the recommended company and was told they normally like to keep to 2 AUs with US Bank but that they sometimes will request a 3rd AU be added. And the estimate I was given for removal of the 2 adds done in late April does match the 75-day time frame you just mentioned.

So I'll have 3 AUs for an overlapping two weeks as well. But hey, I've already had 3 AUs for the last 2 months so I probably shouldn't worry about another 2 weeks at this point. Either my account gets flagged or it doesn't. Either way, it's pretty neat to see some income from this endeavor and I'll report back if I get any phone calls from the folks at US Bank in the near future.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 05, 2017, 05:58:18 PM
We've (collectively, as a group) now sold thousands of tradelines, and had:
1 report of a collector knocking on someone's door.
2-3 reports of a collector placing a phone call to someone.
3-5? reports of receiving junk mail for a previous AU.

The odds of it happening are pretty low. The annoyance if it happens depends on you. The cost for the PO box varies.

I'd just run all that together and make a decision.

I was getting a recorded phone call about "important personal business... press '1' to hear this message in English..." I just ignored them, but they kept coming so I finally answered one day and they asked for one of my AUs. I told them they had the wrong number and haven't received a call since. I didn't report it as it was only mildly annoying. Agree though that it doesn't happen very often.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 05, 2017, 06:01:14 PM
So how do we notify the tradeline company that we removed an AU.  I haven't gotten any notifications to remove, and I can't click the "remove" button on the portal, but my understanding is to remove them after a couple months

mostly worried if their system is blocking me from new sales because it thinks I still have 2 active AUs
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 05, 2017, 06:33:26 PM
So how do we notify the tradeline company that we removed an AU.  I haven't gotten any notifications to remove, and I can't click the "remove" button on the portal, but my understanding is to remove them after a couple months

It'll alert you when to remove them. You'll just click a button to confirm you did it.

Quote
mostly worried if their system is blocking me from new sales because it thinks I still have 2 active AUs

You can click on the card details to see if it's "available"--it should be fine, an AU only blocks it off for two months, even if it's still on there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 05, 2017, 08:03:40 PM
Hi, new to MMM.  I keep a lot of cards and my friend recommended me to this thread.  I am definitely interested but looking to draw on the experiences of others.  I need to decide if it is worth the time investment or if the market is oversaturated at this point.  The 2 cards I would like to use are citibank and barclay (I think that these are two of the easier ones to use).  Each card is 2-4 years and $10k-$15k.  How much money would I expect to make off this?  Also, does it make sense to open a PO box (to keep creditors away from my home address)?

As a data point for you, I registered in January with 4 cards.  From 2 to 5 years old and from $10k to $20k credit lines.  Received 1 AU per month starting in April.  2 on one of my cards and 1 on another.  Typically get the request right about this time of month.  Each add has been $125 for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 05, 2017, 08:04:25 PM
So how do we notify the tradeline company that we removed an AU.  I haven't gotten any notifications to remove, and I can't click the "remove" button on the portal, but my understanding is to remove them after a couple months

It'll alert you when to remove them. You'll just click a button to confirm you did it.

Quote
mostly worried if their system is blocking me from new sales because it thinks I still have 2 active AUs

You can click on the card details to see if it's "available"--it should be fine, an AU only blocks it off for two months, even if it's still on there.

What's the time frame though?  I have one that's been like 3 months without a removal alert.  The remove button is not clickable
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 05, 2017, 08:28:04 PM
What's the time frame though?  I have one that's been like 3 months without a removal alert.  The remove button is not clickable

From my emails it looks like I receive them around 2 mo. and three weeks-ish.

Your card should show as available though if you go to my cards and click the + sign, and look at the individual months.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on July 05, 2017, 09:56:15 PM
I had the same problem with being unable to remove my AUs from the portal. I wrote to them and said I thought it was time to remove these cards, but didn't see a way. They flipped a switch for me, and then I was able to remove them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 06, 2017, 12:16:57 AM
What's the time frame though?  I have one that's been like 3 months without a removal alert.  The remove button is not clickable

From my emails it looks like I receive them around 2 mo. and three weeks-ish.

Your card should show as available though if you go to my cards and click the + sign, and look at the individual months.

Yes, it shows "available" but no adds
I had the same problem with being unable to remove my AUs from the portal. I wrote to them and said I thought it was time to remove these cards, but didn't see a way. They flipped a switch for me, and then I was able to remove them.

Sounds like SOP for this company: shts messed up, but we fix it if you email us
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 06, 2017, 07:00:36 AM
Sounds like SOP for this company: shts messed up, but we fix it if you email us

ah....that's ok.  Free money.  If they gave me the choice of a perfect system for half the payment, I'd stick with what's there now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on July 06, 2017, 09:02:31 AM
Paid yesterday for my late April adds (25th). No email correspondence like last time. Is this how the portal works? I'm trying to decide how often I should log in to the portal
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 06, 2017, 09:51:42 AM
Paid yesterday for my late April adds (25th). No email correspondence like last time. Is this how the portal works? I'm trying to decide how often I should log in to the portal

It seems like they're working on a notification basis - if they need you to do something (add or remove an AU), they'll send you an email.  You do whatever it is, then log into the portal and click a button to let them know it's done.  For payments, you're notified when you check your account balance at your bank... :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on July 07, 2017, 10:56:19 AM
If anyone wants some other data-points, wife and I have had 5 cards active on the "old recommendation" since about August, and have had four tradeline sales in that time for roughly $1000 in revenue. Not bad for some clicking around. I had a quick sale on Chase (which was removed after some changes) and no bites since then, wife has had a few more sales on her cards (higher limits and longer credit histories).

I got curious and tallied up today: first four months of this year my wife and I rang up ~$1,000 in sales between the two of us assuming they all pay out (one didn't post).

So relatively consistent dollar wise with what I said before, though last year, we had fewer sales, at higher payout each (before the price was cut).

If that averages out, it's still "free" $3,000 a year. I won't sneeze at that.

That's for about five cards distributed semi randomly between old and new recommendation; we added some new cards, and some cards, i.e. Chase, are no longer being sold. We are pretty lazy, if the card was already getting sales on the old recommendation, we kept it and didn't move over.

Mid year update: exactly $2,000 in sales between wife and I. Not a lot of money but it's free and easy; covers roughly one month of our expenses in retirement so far. Wondering if I killed the goose that lays the golden egg a bit by putting freeze on Discover, will see *shrugs*

FWIW, approximately the same or a bit more from bank bonuses (https://forum.mrmoneymustache.com/share-your-badassity/bank-account-churning-how-to-make-$1600-in-a-year-by-being-organized). Between the two that could cover a good chunk (~20-25%) of our current retirement expenses if we stay thrifty. I don't expect the free money (or the super low expenses) to last for ever, but you don't look a gift horse in the mouth.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 07, 2017, 12:06:41 PM
Two grand!  Wow.  Kills the $250 I've received.  Although $250 is better than a sharp stick in the eye.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 07, 2017, 01:01:54 PM
I just got the annual fee for two of our Barclay's cards (one each) today. $89 each.

I remember last year having just started tradeline sales, debating if it was worth it to pay the fee. Decided to speculate and pay it and see.

To date, have made $3925 with them from new company, and last year made $450 with old company = 4375 minus annual fees (89 times two cards, times this year and last year) = $4019 earned (or just over 2k/card for the year) after fees.  They aren't my most lucrative cards (too new, so smaller payout and less interest), but it's still free money.

This is just on those two cards (we have other Barclays and Discover and B of A and Capital One and such).  I saw the $89 fee hit both of them today (we signed up at the same time several years ago for a signup bonus, so same annual fee timing) and went "hmm, I think that was well worth it... let me check my spreadsheet on what those two cards in particular earned."

Sure, they're not close to maxing out their full earning potential, but it's hard to complain.

I know there are others making quite a bit, and not necessarily wanting to post about it, and that's okay. I know it's frustrating for those that aren't seeing many, or maybe any, sales, and that sucks.  It's worth it to enroll anyways, IMO, and wait, as there's very little downside and lots of upside potential if the tradeline business grows.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LukeS on July 07, 2017, 05:10:23 PM
I emailed the new company asking which banks I should get cards with now to mature for future use.  I'm wondering what strategy to use on filling out card applications and requesting CLIs.  ie is there any reason I shouldn't apply for 6+ cards in one day once they give card recommendations? 

And what about requesting credit increases?  Just request as frequently as possible until I reach top-tier on the payout chart?  I just wonder if the banks will look at my total available credit among all my accounts and at some point they would put the brakes on any increases and say I have too much available credit.

Credit Karma reports my score as 770transunion and 775equifax, one of my cards has a free FICO score they say is 774.  I have 2 or 3 inquiries on my report currently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 07, 2017, 06:48:00 PM
I just started in Jan of this year with new company. Only placed one card with them and finally got another on the portal a couple months ago. Still saw roughly $900 in sales first half of the year. Bank account churning has been pretty lucrative for me as well. Not complaining about all the extra money.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HAPPYINAZ on July 08, 2017, 11:11:41 AM
For me, it's been really lame sales with the new TL company.  In about 6 months, with two cards, I have had one sale, for $250, which recently was paid.  The old tradeline company made me $1500 in four months with just one of those two cards.  not sure why the sales are so much slower for me with the new company.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on July 09, 2017, 10:00:38 PM


I finally got an add on Discover, but the web site won't take the address line, even though it seems to be valid.  Hoping they know what the problem is, but just curious to see if anyone else has hit this issue.

I just had this happen. I googled the address which turned out to be a "po box etc" in a mall......
 TL company advised to call it in instead, which I did, no problem.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 10, 2017, 12:50:11 PM
Thanks everyone for chiming in with your experiences!  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: fiveoh on July 11, 2017, 09:35:39 AM
Is boa still aggressively shutting down cards for this?  Got an add on a boa card and I'm a little apprehensive to add it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 11, 2017, 11:29:14 AM
Is boa still aggressively shutting down cards for this?  Got an add on a boa card and I'm a little apprehensive to add it.

Interesting.  Just went to check and my BoA card still says "resting".  I've got 4 BoA cards and if they were all shut down, I wouldn't care at all.  Opened them all just to get the sign on bonus but one's old enough to use for tradelines. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 11, 2017, 12:05:41 PM
Just got a text from the new company saying I had an AU to add! I have to say, I like that feature - has anyone else started getting these? YTD including this AU I'm at $2175! Not ARS money for sure, but I'm happy to take it as long as it keeps coming! Thanks, ARS!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 11, 2017, 12:52:00 PM
The texts must have just started.  Did not get one to add an AU in June but got one last week (along with an email) to take the April one off.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on July 11, 2017, 10:30:30 PM
Is boa still aggressively shutting down cards for this?  Got an add on a boa card and I'm a little apprehensive to add it.

Interesting.  Just went to check and my BoA card still says "resting".  I've got 4 BoA cards and if they were all shut down, I wouldn't care at all.  Opened them all just to get the sign on bonus but one's old enough to use for tradelines.

Any interest in sharing info on the vintage and limit of your cards? I have a pair, one at 3 years, the other at 1 year, 10 months, both with limits of about 12k and no bites at all
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 12, 2017, 07:03:37 AM
citi mc, 7 years old, $10k.  2 AUs added this year
discover, 2 years old, $14.5k.  1 AU added this year
cap one visa, 3 years old, $20k, no AU
BoA visa, 2 years old, $14k, no AU (resting)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on July 12, 2017, 07:53:02 AM
Just got a text from the new company saying I had an AU to add! I have to say, I like that feature - has anyone else started getting these?

Received first text (and an email) for an AU add yesterday. The texts are definitely helpful!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on July 12, 2017, 09:18:35 AM
I've been enrolled with 2 cards since February with not a single bite...

Both are just over 2 years old; one with a 10k limit, the other with a 12k limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on July 12, 2017, 11:05:39 PM
Ive been enrolled since January with one discover with 20.5 limit. Just got my very first add yesterday.

N
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on July 13, 2017, 08:36:42 AM
Hi all,

I got two adds for my Discover Card yesterday.  I went online and added them and I got an email back asking me to upload documents such as security card, birth certificate, marriage certificate, etc.  Anyone else had this get flagged?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 13, 2017, 08:55:43 AM
Glad to see more people are starting to see sales!

Hi all,

I got two adds for my Discover Card yesterday.  I went online and added them and I got an email back asking me to upload documents such as security card, birth certificate, marriage certificate, etc.  Anyone else had this get flagged?

This is fairly common with Discover. It's not a "flagged" issue. The tradeline company should provide these docs.

They started it last fall, and no one's had their Discover closed yet because of it, so no need to worry (ditto if you get a call from fraud prevention; they just want to ensure it's YOU adding the AUs, and not anyone else). :)

I stopped getting the document upload after a bit, they switched back to autoaccepting again, not sure why, but plenty of others are seeing the document upload thing when adding AUs, no big deal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Double0000000 on July 13, 2017, 10:01:59 AM
I've lurked around the columns here, but this is the first thread that I've really gotten into...

Read the whole thread yesterday - you guys have been through quite a journey! I haven't seen an updated summary, so here goes:

In summary, tradelining is selling (renting) AU slots on credit cards to people that want to improve their credit through a broker (New/Old Company).

New company seems to be the front runner right now. ARS' participation and relationship with the NC looks to be a huge asset. NC's had their issues, but feel that they're honestly trying their best to have a good product on the provider end.

Steps: PM ARS for the referral; sign up with Old or New Company with your cards; wait; when AUs are brokered, work with the CC company to assign them to the credit card; wait; remove AU; profit; rinse; repeat

Risks: CC companies aren't huge fans of this so assume that the credit cards that you're offering will be closed. It's possible that doing this could put a strain on a financial relationship (USAA seems to be the biggest - are there any documented cases of total blacklisting?)

Good CCs: Barclaycard, Discover (to a lesser extent)
PITA CCs: USAA, Chase
Suspicious CCs: BoA
Generally Acceptable CCs: Citi, US Bank, CapOne, PNC
Not really talked about: Elan (brief discussion about not being accepted anymore?), World's Foremost (who dat?)

Payback seems to be $150-200 per AU every two months; YMMV in fees and use

Pro tips: make sure all the data provided is given to the CC company; don't exceed your AU slots; contact the TL company if something happens that is not expected

Another thing that I noticed is that a lot of people are disappointed that their great cards (+10yrs, +$20K) aren't getting much action. It feels like that the average (+2yrs, +10K) cards are getting the most slots. If this has been the case from your perspective, I think it makes sense from a market point of view: the payouts are in three tiers, yes? Call them budget, value, and premium. It appears to an outsider that the budget and value cards are the most utilized. Agree/disagree?

Two opportunities I see then: 1) adjust your premium cards to appear as value cards (move the CL down to the lower threshold). And 2) How do you tap into the premium market? Is there a premium market? Are the New Company's affiliates pursuing these customers? Maybe that's a question for the TBD MMM Tradeline Co. to address.

Feel free to correct me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LessIsLess on July 13, 2017, 11:49:09 AM
I've lurked around the columns here, but this is the first thread that I've really gotten into...

Read the whole thread yesterday - you guys have been through quite a journey! I haven't seen an updated summary, so here goes:

In summary, tradelining is selling (renting) AU slots on credit cards to people that want to improve their credit through a broker (New/Old Company).

New company seems to be the front runner right now. ARS' participation and relationship with the NC looks to be a huge asset. NC's had their issues, but feel that they're honestly trying their best to have a good product on the provider end.

Steps: PM ARS for the referral; sign up with Old or New Company with your cards; wait; when AUs are brokered, work with the CC company to assign them to the credit card; wait; remove AU; profit; rinse; repeat

Risks: CC companies aren't huge fans of this so assume that the credit cards that you're offering will be closed. It's possible that doing this could put a strain on a financial relationship (USAA seems to be the biggest - are there any documented cases of total blacklisting?)

Good CCs: Barclaycard, Discover (to a lesser extent)
PITA CCs: USAA, Chase
Suspicious CCs: BoA
Generally Acceptable CCs: Citi, US Bank, CapOne, PNC
Not really talked about: Elan (brief discussion about not being accepted anymore?), World's Foremost (who dat?)

Payback seems to be $150-200 per AU every two months; YMMV in fees and use

Pro tips: make sure all the data provided is given to the CC company; don't exceed your AU slots; contact the TL company if something happens that is not expected

Another thing that I noticed is that a lot of people are disappointed that their great cards (+10yrs, +$20K) aren't getting much action. It feels like that the average (+2yrs, +10K) cards are getting the most slots. If this has been the case from your perspective, I think it makes sense from a market point of view: the payouts are in three tiers, yes? Call them budget, value, and premium. It appears to an outsider that the budget and value cards are the most utilized. Agree/disagree?

Two opportunities I see then: 1) adjust your premium cards to appear as value cards (move the CL down to the lower threshold). And 2) How do you tap into the premium market? Is there a premium market? Are the New Company's affiliates pursuing these customers? Maybe that's a question for the TBD MMM Tradeline Co. to address.

Feel free to correct me.

After all that reading, re you in?  Put  your knowledge to work otherwise all you'll get is a big headache.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 13, 2017, 12:02:47 PM
<snip>

Feel free to correct me.

Good summary.  Not corrections, just comments:

1.  My opinion is that USBank cards are actually great to work with.  Not suspicious, very quick add over the phone.

2.  People have expressed concern about USAA because they have CCs *and* insurance *and* banking with them, and the fear is that they will lose more than just a credit card.  I don't recall any actual adverse action from USAA, and haven't experienced any myself.  I can understand the concern, though.

3.  The value segment as you describe it probably has the most adds because it's the largest population of cards.  Cards in the premium segment are rare and thus get fewer adds as an absolute number.  But for me, my percentage of adds per available slot is definitely higher in the premium segment.  It seems to me the value slot is picking up in the last month or two.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Double0000000 on July 13, 2017, 12:39:30 PM
After all that reading, re you in?  Put  your knowledge to work otherwise all you'll get is a big headache.

I think so - it's a market, I have the product, and the $/hr seems to be reasonable!

1.  My opinion is that USBank cards are actually great to work with.  Not suspicious, very quick add over the phone.

That's great to hear - I have a couple USBank cards that would be good candidates.


3.  The value segment as you describe it probably has the most adds because it's the largest population of cards.  Cards in the premium segment are rare and thus get fewer adds as an absolute number.  But for me, my percentage of adds per available slot is definitely higher in the premium segment.  It seems to me the value slot is picking up in the last month or two.

Good perspective - there's probably some bias going on there when I was reading through since they showed up the most.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on July 13, 2017, 06:21:31 PM

1.  My opinion is that USBank cards are actually great to work with.  Not suspicious, very quick add over the phone.

That's great to hear - I have a couple USBank cards that would be good candidates.


+1 on USBank. The only card I'm using (5 total sales in 2017 so far) is a US Bank card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on July 14, 2017, 10:36:46 AM
I'm having trouble removing users under "My Cards" in the system. I've had a couple users on for 3 months already and I'd like to remove them (they're already off my cards) but I can't select the "remove user" button. Is this an email to support or does anyone have another way to remove?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 14, 2017, 12:07:54 PM
I'm having trouble removing users under "My Cards" in the system. I've had a couple users on for 3 months already and I'd like to remove them (they're already off my cards) but I can't select the "remove user" button. Is this an email to support or does anyone have another way to remove?

Did you get an email/text from the TL company telling you to remove them?  If not, it's too soon and you should not have removed them.  If you did, I've found that the button immediately appears in the online portal.  Never remove an AU until they specifically tell you to.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on July 14, 2017, 12:50:20 PM
I'm having trouble removing users under "My Cards" in the system. I've had a couple users on for 3 months already and I'd like to remove them (they're already off my cards) but I can't select the "remove user" button. Is this an email to support or does anyone have another way to remove?

Did you get an email/text from the TL company telling you to remove them?  If not, it's too soon and you should not have removed them.  If you did, I've found that the button immediately appears in the online portal.  Never remove an AU until they specifically tell you to.

Hmm... okay. It appears I removed them before they told me to, although it was past the 60 days I'm required to keep them on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 14, 2017, 01:30:23 PM
I was told that AUs needed to stay on for 75 days minimum.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on July 14, 2017, 03:40:27 PM
On one of my cards, the 2 AUs are now 90 days old but still can't remove them online. Going to send an email to the company since those might be blocking any new adds that might have come my way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 14, 2017, 03:57:04 PM
It does not block any adds. You can see the card availability in the my cards tab.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on July 14, 2017, 08:53:02 PM
I'm having trouble removing users under "My Cards" in the system. I've had a couple users on for 3 months already and I'd like to remove them (they're already off my cards) but I can't select the "remove user" button. Is this an email to support or does anyone have another way to remove?

I've had a similar issue with one of my earlier adds. The remove user button isn't here and I've been working with them to resolve the issue. They haven't understood my problem though, and we have exchanged several messages. I've got an outstanding email from them I still need to respond to, so maybe this exchange will go better.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on July 14, 2017, 11:18:04 PM
Quick question: Does it matter which Barclay card you're using? I'm planning to open up a couple cards tomorrow for signing bonuses and one is the Barclay CashForward since it doesn't have an annual fee. I'm not particularly interested in accumulating miles so I don't see the need to bother with one of their cards that has an annual fee otherwise.

Also looking at a DiscoverIT to season for two years. Sadly, they don't look like they have any cards with signing bonuses.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 14, 2017, 11:20:58 PM
Quick question: Does it matter which Barclay card you're using?

No.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on July 15, 2017, 05:42:19 AM
Quick question: Does it matter which Barclay card you're using? I'm planning to open up a couple cards tomorrow for signing bonuses and one is the Barclay CashForward since it doesn't have an annual fee. I'm not particularly interested in accumulating miles so I don't see the need to bother with one of their cards that has an annual fee otherwise.

Also looking at a DiscoverIT to season for two years. Sadly, they don't look like they have any cards with signing bonuses.
Here's a $50 referral bonus (no min spend) - it should also qualify you for the "double cashback" for the first year, which gets you another $50 after a year (plus matching whatever other bonuses you managed in the meantime)

https://refer.discover.com/s/37e3u
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on July 15, 2017, 07:33:00 AM
Thanks! Speaking of referrals: if anyone doesn't already have a Chase Freedom, they are offering me $100 for up to 5 people that I send them who spend 500 in the first couple (3?) months and they also give the people $150.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on July 15, 2017, 10:22:24 AM
Has anyone used one account for both you and your spouse's cards?

My wife has two cards that I would like to sign-up, but I don't want to go through the hassle of having her setting up another account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DarrellEW on July 15, 2017, 05:26:30 PM
Has anyone used one account for both you and your spouse's cards?

My wife has two cards that I would like to sign-up, but I don't want to go through the hassle of having her setting up another account.

I have an account that I use to list both my wife's and my own cards. The TL company said this was ok, and we haven't run into any issues yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on July 15, 2017, 09:23:51 PM
Has anyone used one account for both you and your spouse's cards?

My wife has two cards that I would like to sign-up, but I don't want to go through the hassle of having her setting up another account.

I have an account that I use to list both my wife's and my own cards. The TL company said this was ok, and we haven't run into any issues yet.

How do you get paid? Under one of your SSNs, or both get paid under your SSNs?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DarrellEW on July 15, 2017, 09:36:18 PM
Has anyone used one account for both you and your spouse's cards?

My wife has two cards that I would like to sign-up, but I don't want to go through the hassle of having her setting up another account.

I have an account that I use to list both my wife's and my own cards. The TL company said this was ok, and we haven't run into any issues yet.

How do you get paid? Under one of your SSNs, or both get paid under your SSNs?

The payments just come into one of our joint bank accounts. As for the tax information (W-9), I just filled it out once and provided my SSN.

Here's what the TL company said: "If you will be interacting with us separately and/or having your payments go to separate accounts, then use 2 contracts, otherwise 1 is fine."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on July 15, 2017, 09:38:44 PM
Has anyone used one account for both you and your spouse's cards?

My wife has two cards that I would like to sign-up, but I don't want to go through the hassle of having her setting up another account.

I have an account that I use to list both my wife's and my own cards. The TL company said this was ok, and we haven't run into any issues yet.

How do you get paid? Under one of your SSNs, or both get paid under your SSNs?

The payments just come into one of our joint bank accounts. As for the tax information (W-9), I just filled it out once and provided my SSN.

Here's what the TL company said: "If you will be interacting with us separately and/or having your payments go to separate accounts, then use 2 contracts, otherwise 1 is fine."

Thanks for sharing this. I think I'll reach out to them to confirm and add my wife's cards as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on July 16, 2017, 06:20:54 PM
Thanks! Speaking of referrals: if anyone doesn't already have a Chase Freedom, they are offering me $100 for up to 5 people that I send them who spend 500 in the first couple (3?) months and they also give the people $150.

Yep, we should put up a referral link sharing thread, or resurrect one

Chase Freedom is a good "starter" card for people - and $150 back for a $500 spend is pretty tasty.

https://www.referyourchasecard.com/2/MU4TDQ1N3K
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 16, 2017, 06:29:04 PM
Thanks! Speaking of referrals: if anyone doesn't already have a Chase Freedom, they are offering me $100 for up to 5 people that I send them who spend 500 in the first couple (3?) months and they also give the people $150.

Yep, we should put up a referral link sharing thread, or resurrect one

Chase Freedom is a good "starter" card for people - and $150 back for a $500 spend is pretty tasty.

https://www.referyourchasecard.com/2/MU4TDQ1N3K

We should set up a referral kickback thread.  How much are you willing to pay me to use your referral link?

Piggybacking is all well and good, but lets say I facilitate an exchange where TomTX gets a $100 referral bonus, keeps $45, pays $45 to the referral and I keep a $10 matchmaking fee?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on July 16, 2017, 07:40:51 PM
Thanks! Speaking of referrals: if anyone doesn't already have a Chase Freedom, they are offering me $100 for up to 5 people that I send them who spend 500 in the first couple (3?) months and they also give the people $150.

Yep, we should put up a referral link sharing thread, or resurrect one

Chase Freedom is a good "starter" card for people - and $150 back for a $500 spend is pretty tasty.

https://www.referyourchasecard.com/2/MU4TDQ1N3K

We should set up a referral kickback thread.  How much are you willing to pay me to use your referral link?

Piggybacking is all well and good, but lets say I facilitate an exchange where TomTX gets a $100 referral bonus, keeps $45, pays $45 to the referral and I keep a $10 matchmaking fee?

That sounds awfully complicated. I just try to use links from people I know or have benefited from their posts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 17, 2017, 12:31:10 AM
Thanks! Speaking of referrals: if anyone doesn't already have a Chase Freedom, they are offering me $100 for up to 5 people that I send them who spend 500 in the first couple (3?) months and they also give the people $150.

Yep, we should put up a referral link sharing thread, or resurrect one

Chase Freedom is a good "starter" card for people - and $150 back for a $500 spend is pretty tasty.

https://www.referyourchasecard.com/2/MU4TDQ1N3K

We should set up a referral kickback thread.  How much are you willing to pay me to use your referral link?

Piggybacking is all well and good, but lets say I facilitate an exchange where TomTX gets a $100 referral bonus, keeps $45, pays $45 to the referral and I keep a $10 matchmaking fee?

That sounds awfully complicated. I just try to use links from people I know or have benefited from their posts.

Is it more complicated than selling AUs on your tradeline?  I just try to add friends and family members to my credit lines to improve their credit scores for free.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on July 17, 2017, 09:55:58 AM
If people are looking to sign up for a new Chase card, the Freedom is not a great choice. Much better to use a referral link for the Sapphire Preferred, which has a 50k point bonus (worth $500 minimum) and a waived annual fee for the first year. After 11 months you can call to product change it to a fee-free Freedom.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: turketron on July 17, 2017, 12:19:55 PM
I just requested Credit increases for two Capital One credit cards- one hasn't had a balance for a couple months but was used a bunch before that, and the other I use for my $10 netflix subscription and then pay in full each month. I just used the "request an increase" option from Capitol One's online portal. Both requests were denied, with the explanation that "Recent use of this account's existing credit line has been too low."

In your collective experiences, is it worth calling to ask them to reconsider, or is that just a waste of time? if they ask why you're requesting it do you just say that it's for better credit utilization on your credit report?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 17, 2017, 05:00:24 PM
I just requested Credit increases for two Capital One credit cards- one hasn't had a balance for a couple months but was used a bunch before that, and the other I use for my $10 netflix subscription and then pay in full each month. I just used the "request an increase" option from Capitol One's online portal. Both requests were denied, with the explanation that "Recent use of this account's existing credit line has been too low."

In your collective experiences, is it worth calling to ask them to reconsider, or is that just a waste of time? if they ask why you're requesting it do you just say that it's for better credit utilization on your credit report?

I wouldn't bother.  I don't think they will give you an increase just for utilization, especially if your utilization is low to begin with.

The two good ways to get an increase are to use the card a lot (like up to 50% of the existing CL) then ask for an increase after a month or two, or if you can legitimately claim a much higher income, they will give you increases based on that.  There are other ways I'm sure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 17, 2017, 05:03:14 PM
Thought I would throw this out as a data point:

I just received two debt collection messages on my cell phone (which is my main number I use for everything) for an AU that I added last December to my USAA card with Old Company.  I called them back, said he couldn't be reached at this number.  They asked if I had a forwarding number, I said no.  They bleached my number from the collections case and that should be the end of it.

No big deal to me, but in the interest of transparency I thought I should share.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on July 17, 2017, 06:10:06 PM
If people are looking to sign up for a new Chase card, the Freedom is not a great choice. Much better to use a referral link for the Sapphire Preferred, which has a 50k point bonus (worth $500 minimum) and a waived annual fee for the first year. After 11 months you can call to product change it to a fee-free Freedom.

In general, I agree. However, on this site I got a lot of "I could NEVER spend the $4k!"

That said, I'm delighted if anyone wants to use a referral: https://www.referyourchasecard.com/6/Z8JIP66H7G

Spend $4,000 in 3 months and get a bonus of 50,000 points ($500 in cash)

This was our first "signup bonus" card - we used it to pay property taxes with a ~2.19% fee, came out WAY ahead. Another option is to pay Fed income tax via one of the various sites for fees around (at least one is below) that amount.

Of course, for Tradelines, the Discover is far superior.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on July 17, 2017, 09:07:30 PM
I just got my first add today after 1.5 months. How do I add them? I was not given the AUs Phone number or address and BoA asks for it. What should i do?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 17, 2017, 09:46:16 PM
I just got my first add today after 1.5 months. How do I add them? I was not given the AUs Phone number or address and BoA asks for it. What should i do?

If you're using New Company, the address is normally given on the portal...although I had one where the address was just "NV".  Usually name, DOB, and SSN is enough to get it to post to the AU's credit report, so you can use your own phone number and address in a pinch.  BofA won't care (although they may think the AU is your SO :-) ).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on July 19, 2017, 11:35:44 AM
People are getting adds on BofA cards now?  My 2 BofA cards are still "Resting"...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on July 19, 2017, 06:20:44 PM
People are getting adds on BofA cards now?  My 2 BofA cards are still "Resting"...

When I signed up they told me they were slowly taking the BofA cards off rest. You may want to email them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on July 20, 2017, 09:40:58 AM
What is the minimum age of card that the company will accept? I've got a Barclays that is about 7 months old...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on July 20, 2017, 10:47:16 AM
What is the minimum age of card that the company will accept? I've got a Barclays that is about 7 months old...

I believe that the new company requires them to be at least 1 year old. It is 2 years with the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on July 20, 2017, 10:52:27 AM
What is the minimum age of card that the company will accept? I've got a Barclays that is about 7 months old...

I wouldn't expect any bites for anything less than 2 years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 20, 2017, 11:16:35 AM
I surprisingly received an add for a Barclay card that was a little over a year old with a $20k limit. It really just depends on what the customer is willing to pay for I guess.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on July 20, 2017, 11:24:51 AM
I surprisingly received an add for a Barclay card that was a little over a year old with a $20k limit. It really just depends on what the customer is willing to pay for I guess.

Sweet, I'll add it once it matures to a year and see what happens. Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on July 20, 2017, 03:10:55 PM
I figured payments would be a bit late this month, because of the holiday in early July, but so far I still have not seen payment for the May add.
In the past they would hit my account around the 10th or 11th of the months.

Has everyone been paid for May?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 20, 2017, 05:35:25 PM
I figured payments would be a bit late this month, because of the holiday in early July, but so far I still have not seen payment for the May add.
In the past they would hit my account around the 10th or 11th of the months.

Has everyone been paid for May?

Nope.  I keep track of things a little loosely, but I got paid for my April adds on June 30th, so I would expect to be paid for my May add around July 30th, so not for another 10 days or so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 20, 2017, 06:20:28 PM

Has everyone been paid for May?

I was.  Couple weeks ago.  The ad was very early in May.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on July 20, 2017, 08:32:44 PM

Has everyone been paid for May?

I was.  Couple weeks ago.  The ad was very early in May.

As was I (July 2 or 3 if I recall correctly). The sale was on May 16th. I inquired with the folks at the new company about the timing for payments and this was the response I received:

"Payments for cards with the statement closing date in June are paid at the end of July. Likewise, cards that had a statement closing date in May are paid at the end of June."

Hope this helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on July 20, 2017, 10:56:11 PM
Thanks all for your comments.
I never paid too much attention to this. The payment, came, when it came.
This is the first time, I expected it and had not seen it.
I'll give them another week and see.
The add was on May 24 if that makes any difference.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 21, 2017, 07:27:09 AM
I surprisingly received an add for a Barclay card that was a little over a year old with a $20k limit. It really just depends on what the customer is willing to pay for I guess.

Sweet, I'll add it once it matures to a year and see what happens. Thanks

Also had two adds (brothers I'd guess, by their name/age) to a Citi card, a little over a year old, with a $9300 limit - I would guess that was the cheapest add they could buy! I upped the limit on that card to $11300, so not sure if it will see more/less activity in the future. One year old cards do get at least a little attention with the right crowd.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 27, 2017, 11:48:27 AM
Has anyone else gotten really old AUs?  I got 1 a couple of months ago and thought it was a little strange.  Everything worked out on that one.  I just got one today...  Person is 89 years old.  After some googling, they do appear to exist.

Maybe I am paranoid but I am hoping this isn't fraud.  ie using a deceased person's info.

Any thoughts?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: yachi on July 27, 2017, 03:22:34 PM
I got one 77 years old.  I was wondering why someone that old needed better credit.  89 is much older than that!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on July 28, 2017, 06:11:47 AM
I got one 77 years old.  I was wondering why someone that old needed better credit.  89 is much older than that!

Lower rate on a reverse mortgage is the obvious one. Could easily be someone who hasn't used credit in over a decade.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 28, 2017, 06:44:45 AM
Thanks for the replies.  I added them yesterday.  I will post again if anything occurs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: yachi on July 28, 2017, 07:10:33 AM
I got one 77 years old.  I was wondering why someone that old needed better credit.  89 is much older than that!

Lower rate on a reverse mortgage is the obvious one. Could easily be someone who hasn't used credit in over a decade.

That makes sense.  I didn't give it much thought when I added him, it just struck me as odd.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on August 05, 2017, 07:16:33 PM
Just for giggles I put my AUs addresses into google.  Two of them live in $550,000 homes and the other one lives in a $350,000 home!  One had extensive pictures from a recent sale that were very nice and even included a beautiful in ground pool.  Maybe I'm naive but I was kind of surprised!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on August 07, 2017, 12:39:07 PM
I've read through this and it sounds fairly simple.  However, do people only sell the AUs on cards they don't use?  I have a Chase card that is 2.5 years old with a $25k credit line and a Elan Financial Card that is 2 years old with a $25k credit line.  I use both on a monthly basis and rarely spend more than $4k total per month on both cards (I put everything on these cards including business expenses).  Can I use these cards or will that mess with my regular usage? I also have a 7 year old Discover Card with a $7k credit line that I rarely use.  It seems like that is the most likely to use for this, but I'm still a bit confused as to why using cards that you don't use regularly are the ones to go with. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 07, 2017, 01:12:44 PM
I've read through this and it sounds fairly simple.  However, do people only sell the AUs on cards they don't use?  I have a Chase card that is 2.5 years old with a $25k credit line and a Elan Financial Card that is 2 years old with a $25k credit line.  I use both on a monthly basis and rarely spend more than $4k total per month on both cards (I put everything on these cards including business expenses).  Can I use these cards or will that mess with my regular usage? I also have a 7 year old Discover Card with a $7k credit line that I rarely use.  It seems like that is the most likely to use for this, but I'm still a bit confused as to why using cards that you don't use regularly are the ones to go with.

The whole point of the exercise is to help raise the AU's credit score.  The tradeline company wants you to have some utilization so that the card reports on the AU's credit report, but not so much utilization that it doesn't help the AU score as much as it could.  I believe the guideline/requirement is less than 10% utilization.

Personally I have a bunch of cards, so using a non-piggybacking card is trivial.  When I have AU orders, I charge $2.50 to the card each month and pay it off after the statement closes.  That makes the utilization high enough to where it reports on the AU's credit report, but very low utilization.

$4K on a $25K card exceeds the 10% recommendation, so I would either move your spending to non-piggybacking cards, or don't use those cards for piggybacking if you'd rather use them as daily spenders.  From what I've seen, I think your younger two cards with higher limits would be more appealing to AUs than your Discover card, but you might get sales on all three.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bassguitar115 on August 07, 2017, 07:16:44 PM
Just got my first add (Barclaycard)!

The process was simple and took about 10 minutes over the phone. Here's how my call went.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on August 09, 2017, 12:35:41 PM
Have people got paid for the AUs added in the month of June, yet?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 09, 2017, 10:05:09 PM
Just got my first add (Barclaycard)!

The process was simple and took about 10 minutes over the phone. Here's how my call went.
  • Sent me a pin through text message to verify my identity
  • Asked for relationship of AU: told her "friend" and she asked if it was a "close friend" and I said yes
  • Asked for SSN, DOB, first name, last name, and address

Awesome!  Did you try adding online first?  I love barclay because you can do it all through their web site.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on August 10, 2017, 05:25:06 AM
Have people got paid for the AUs added in the month of June, yet?
I got the direct deposit on Aug 4th.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on August 10, 2017, 07:47:02 AM
I haven't been paid for May or June adds..... ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Patrick A on August 10, 2017, 09:19:37 AM
Is it possible to do this with a Wells Fargo card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 11, 2017, 01:00:43 PM
I've read through this and it sounds fairly simple.  However, do people only sell the AUs on cards they don't use?  I have a Chase card that is 2.5 years old with a $25k credit line and a Elan Financial Card that is 2 years old with a $25k credit line.  I use both on a monthly basis and rarely spend more than $4k total per month on both cards (I put everything on these cards including business expenses).  Can I use these cards or will that mess with my regular usage? I also have a 7 year old Discover Card with a $7k credit line that I rarely use.  It seems like that is the most likely to use for this, but I'm still a bit confused as to why using cards that you don't use regularly are the ones to go with.

I only use cards that I don't care if they get shut down.  If you have the cards set up for auto payments and such, it's going to be a hassle when they get shut down.  If you want to be safe, assume the card will be shut down.  There are plenty of cards out there.  Use one for tradelines and if you pick up an AU, shift everything to another card.

I think they're pretty saturated with cards right now anyways.  After 3 straight months picking up AU's, I've had zero for July or August with 4 cards on file.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 11, 2017, 01:01:24 PM
Is it possible to do this with a Wells Fargo card?

I'd send in an email to ask.  It isn't on the list.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 11, 2017, 05:29:20 PM
Is it a problem if authorized user's name is misspelled (one letter in the last name is wrong)? All other details seem to be correct including social.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on August 11, 2017, 06:20:24 PM
Message the tl company
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 11, 2017, 09:37:52 PM
Is it a problem if authorized user's name is misspelled (one letter in the last name is wrong)? All other details seem to be correct including social.

I had this happen once and everything turned out fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FinanciallyIndependent on August 14, 2017, 11:14:02 AM
Hi arebelspy,

Are you still recommending the company?  I would like to find out more. Not sure how to go about it..pls send me more information.  I tried to DM you but not sure it worked...

Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 14, 2017, 11:25:03 AM
Are you still recommending the company?

Yep!  There's a lot of people selling lines now, but from what I can tell on my end, sales are increasing as well.

There are sometimes issues (they really need to get the payments automated), but they always sort things out--as far as I can tell, the only complaints are about customer service delays with questions, for the most part, but the company has always fixed everything great in the end. (And anyone having issues, feel free to contact me, and I can help try to get it sorted out!)

I did respond to your PM a few minutes ago.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on August 14, 2017, 06:38:07 PM
I have what I think is an unusual situation.  I have been selling lines on my Discover card, currently I have four AUs.  Today I got an email from Discover saying my account may have been compromised as part of an external security breach in my account and that they were sending me a new card in 4-7 day.  How does this affect my AUs?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 14, 2017, 07:10:17 PM
I have what I think is an unusual situation.  I have been selling lines on my Discover card, currently I have four AUs.  Today I got an email from Discover saying my account may have been compromised as part of an external security breach in my account and that they were sending me a new card in 4-7 day.  How does this affect my AUs?

Discover will most likely send you five new cards.  One for you and one for each of your AUs.  That is what Chase did with me when I had fraud on my account and I had an AU on there (it happened to be my son and not a paid AU, but that shouldn't matter).

You shouldn't have to, but if it were me I'd probably go ahead and make a small charge on the new card once it arrives to doubly ensure that it reports for all the AU's.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 14, 2017, 08:20:43 PM
I've had that happen a number of times, even before selling tradelines (actually none since).

Usually some company where you used the CC, like a grocery store, had their terminal compromised, so they cancel and reissue the card as a precautionary measure. No big deal.  secondcors's advice is good.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VeggieTable on August 17, 2017, 08:56:51 PM
Anyone still not had any adds? I signed up 1.5 months ago and haven't heard anything since. High credit limit, card 10+ years old... I'm surprised I haven't gotten any takers yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sobezen on August 17, 2017, 10:29:23 PM
I possess a credit score in the 95% range and posted a Barclays card with a limit of 19k, however, to date, no tradeline activity whatsoever and it has been over SEVEN months and counting. 

YMMV if you care to try, post a good card and do not get your hopes up; the actual demand does not support the suggested demand.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on August 17, 2017, 11:23:24 PM
I finally got a sale. Signed up Jan or Feb. Card is about 4 years old with a $12k limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 18, 2017, 07:00:17 AM
If you have multiple cards, you may want to split them between old and new companies.  I am seeing more activity with old company over the past 5-6 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on August 18, 2017, 07:39:19 AM
Anyone still not had any adds? I signed up 1.5 months ago and haven't heard anything since. High credit limit, card 10+ years old... I'm surprised I haven't gotten any takers yet.

Submitted everything for 3 cards on January 3.  3 different credit limit ranges (10k+, 20k+, 30k+)

Zero adds.

Admittedly one is a BoA.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on August 18, 2017, 12:19:58 PM
If you have multiple cards, you may want to split them between old and new companies.  I am seeing more activity with old company over the past 5-6 months.

I am also seeing more activity with old company recently. Cards with both companies are comparable in terms of their CLs and age. I have a couple of cards that will become eligible for sales in the coming months, I have to decide which company to go with now...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on August 18, 2017, 12:49:43 PM
If you have multiple cards, you may want to split them between old and new companies.  I am seeing more activity with old company over the past 5-6 months.

I am also seeing more activity with old company recently. Cards with both companies are comparable in terms of their CLs and age. I have a couple of cards that will become eligible for sales in the coming months, I have to decide which company to go with now...

Can someone PM me info on the old company?

TIA!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 22, 2017, 10:26:38 AM
Was away on vacation for 1.5 weeks only to come back and find CapOne had automatically lowered my credit limit by $20K. I called and they said that happened across the board to quite a few folks. Reason given was insufficient usage of existing credit line. Nothing they can do about it. Well that sucks donkey butt. I am sure it will affect my tradeline sales. Did this happen to anyone else?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 23, 2017, 10:36:56 AM
I actually just got my first Cap One add yesterday.  $20k limit.  I have used the card and for a while, my college son was using it for all of his purchases, so the "not being used" doesn't apply to me.  You do want to have reportable balances every month on cards you're looking to get AUs on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 23, 2017, 02:15:21 PM
You do want to have reportable balances every month on cards you're looking to get AUs on.

Err, I don't think this is correct.

The tradeline company wants you to have lines that have (A) high credit limits, (B) long credit history, and (C) perfect payment history on lines that they sell to AU's.

Once the line has been sold to an AU, they want you to have (A) some utilization so the line reports on the AU's credit report, and (B) low utilization so that it has the greatest possible positive impact on the AU's credit score.

When your lines are available for sale but not yet sold, the tradeline company could care less whether you have a reporting balance or not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mr. Green on August 23, 2017, 04:22:44 PM
Wasn't there a whole sub-forum area for a tradeline company? What happened with that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on August 23, 2017, 04:38:19 PM
Wasn't there a whole sub-forum area for a tradeline company? What happened with that?

Hey, it's gone!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on August 23, 2017, 05:43:44 PM
Wasn't there a whole sub-forum area for a tradeline company? What happened with that?

AFAIK, there was a lot of delay in getting it set up and no real updates to report until it's done. Hopefully things are still happening behind the scenes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 24, 2017, 06:13:08 AM
I actually just got my first Cap One add yesterday.  $20k limit.  I have used the card and for a while, my college son was using it for all of his purchases, so the "not being used" doesn't apply to me.  You do want to have reportable balances every month on cards you're looking to get AUs on.

It wasn't scaled back due to not using the card. It was scaled back because I didn't use anywhere near my credit limit. I use the card frequently. I just don't charge much to it. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on August 24, 2017, 05:31:51 PM
I actually just got my first Cap One add yesterday.  $20k limit.  I have used the card and for a while, my college son was using it for all of his purchases, so the "not being used" doesn't apply to me.  You do want to have reportable balances every month on cards you're looking to get AUs on.

It wasn't scaled back due to not using the card. It was scaled back because I didn't use anywhere near my credit limit. I use the card frequently. I just don't charge much to it.

Wow that's frustrating. That really screws over the effort to sell tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on August 25, 2017, 09:43:36 AM
I had an add on June 27 and another add on July 25. I haven't been paid for the June add... seems like I should've but I can't remember the pay frequency.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on August 25, 2017, 09:49:37 AM
I had an add on June 27 and another add on July 25. I haven't been paid for the June add... seems like I should've but I can't remember the pay frequency.

Contact the owner. I didn't see the payment for the June add till August 10th, asked here but didn't get any response, so I contacted the owner. He said that they were still working on streamlining the payment process and sent my payment the same day. Received the ACH on 15th.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on August 25, 2017, 09:59:57 AM
I had an add on June 27 and another add on July 25. I haven't been paid for the June add... seems like I should've but I can't remember the pay frequency.

Contact the owner. I didn't see the payment for the June add till August 10th, asked here but didn't get any response, so I contacted the owner. He said that they were still working on streamlining the payment process and sent my payment the same day. Received the ACH on 15th.

Thanks. I just sent a ticket through the online portal. My Discover also crossed the 8 year mark so I should be earning $225 per add now. The portal still shows fee at $150, so I asked them to correct that as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 25, 2017, 01:17:31 PM
I noticed an AU pending order on one of my cards.  I can see it in the card view but not in the my tasks view.

Does anyone know how long it takes for a pending order to become an actual order?  How often does a pending order convert (or not) into an actual order?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on August 26, 2017, 07:41:31 AM
I haven't had any pending ones not show up as an actual order.  A couple of them took quite a while though, weeks maybe. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on August 26, 2017, 08:07:18 AM
I haven't had any pending ones not show up as an actual order.  A couple of them took quite a while though, weeks maybe. 

Last month I had three pending orders show up that never came through. That was a bummer, especially since I haven't had any sales in 3-4 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrontRanger on August 26, 2017, 11:52:57 AM
Can someone PM me the old company? Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on August 26, 2017, 11:54:40 AM
I have had pending ones that never became orders, actually have one from two months ago still pending right now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on August 26, 2017, 03:29:40 PM
Can someone PM me the old company? Thanks

PM sent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 26, 2017, 03:42:23 PM
As it says in the OP, PM me with referral requests, or for any other assistance (e.g. trying to get ahold of either company and not getting a response, checking on payment or other question, etc.).

I deal with a fair amount of that for people; through PMs is the easiest way to do so.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on August 28, 2017, 12:14:57 PM
My wife's Discover just passed 2 years and it has over a 20k limit, so I was thinking about signing it up. Both of my current cards are with the new company and my Discover has sold four spots (two at a time) since I signed up several months ago, which is pretty good. My Citi Visa card hasn't sold anything, but it has a lower limit (like $11k) although it is 8 years old. You guys think the new company is still the way to go for my wife's card? Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 28, 2017, 12:25:04 PM
My wife's Discover just passed 2 years and it has over a 20k limit, so I was thinking about signing it up. Both of my current cards are with the new company and my Discover has sold four spots (two at a time) since I signed up several months ago, which is pretty good. My Citi Visa card hasn't sold anything, but it has a lower limit (like $11k) although it is 8 years old. You guys think the new company is still the way to go for my wife's card? Thanks!

Old TL requires 30K limit or greater.  I think new TL is your only option.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on August 28, 2017, 12:50:28 PM
My wife's Discover just passed 2 years and it has over a 20k limit, so I was thinking about signing it up. Both of my current cards are with the new company and my Discover has sold four spots (two at a time) since I signed up several months ago, which is pretty good. My Citi Visa card hasn't sold anything, but it has a lower limit (like $11k) although it is 8 years old. You guys think the new company is still the way to go for my wife's card? Thanks!

Old TL requires 30K limit or greater.  I think new TL is your only option.

Good to know. Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on August 31, 2017, 09:17:02 AM
FYI: a credit issuer beginning with the letter "D" recently closed my card.  They did not give a reason, and could not elaborate at all when I called to inquire.  All they could tell me was that they had made a "business decision" to close the account after a review.  I only ever had 2 AUs on this card. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sobezen on August 31, 2017, 10:01:15 AM
This is cause for alarm?  Why would "D" close your account without any explanations? 

@arebelspy:  Does engaging in the tradelines and adding AUs have any impact?  Should others be concerned?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on August 31, 2017, 10:05:02 AM
Make sure to use these credit cards some, that way there's less of an incentive for them to close your credit card account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: yachi on August 31, 2017, 12:38:02 PM
Make sure to use these credit cards some, that way there's less of an incentive for them to close your credit card account.

+1.  There is a cost to the CC company to add users, mail cards, field your cards, etc.  If this isn't being recouped with credit card usage fees to vendors, they have no financial incentive to continue having you as a user.  I heavily use my cards that I have in this program while still maintaining balances below 10%.  I hope to be using the cards enough that the CC companies think twice before closing the account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 31, 2017, 01:09:12 PM
FYI: a credit issuer beginning with the letter "D" recently closed my card.  They did not give a reason, and could not elaborate at all when I called to inquire.  All they could tell me was that they had made a "business decision" to close the account after a review.  I only ever had 2 AUs on this card.

Very odd. Usualy they tell you it's for AU usage. Maybe this wasn't related to the AU thing? But then why close it? The strange part isn't that it closed, but that they'd give no reason.

This is cause for alarm?  Why would "D" close your account without any explanations? 

@arebelspy:  Does engaging in the tradelines and adding AUs have any impact?  Should others be concerned?

It is, of course, the main risk to selling tradelines: that you get that credit line closed.  The OP (first post in this thread) throughly discusses this, and anyone not okay with the risk of their card being shut down should not be using that card to sell lines on.

I only use cards that are literally sitting unused, in a drawer, otherwise. I don't mind if they're closed then.

I think so far in a year+ of Mustachians selling tradelines, making hundreds of thousands of dollars, we've had like 3, maybe 4 closures? Out of hundreds of cards?

It happens. It's just not common. It's a risk, and you have to be willing to take that risk if you want to sell lines, and go "...dang, bummer" if it happens, but be able to shrug it off.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on August 31, 2017, 02:36:51 PM
Make sure to use these credit cards some, that way there's less of an incentive for them to close your credit card account.

+1.  There is a cost to the CC company to add users, mail cards, field your cards, etc.  If this isn't being recouped with credit card usage fees to vendors, they have no financial incentive to continue having you as a user.  I heavily use my cards that I have in this program while still maintaining balances below 10%.  I hope to be using the cards enough that the CC companies think twice before closing the account.

If you really want to piss them off, charge under $1.99 every month.  Discover has (haven't verified recently) a "small balance credit" that basically makes the small purchase free.  Not really sure why, unless payment processing really costs them $1.99
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on August 31, 2017, 03:34:55 PM
Make sure to use these credit cards some, that way there's less of an incentive for them to close your credit card account.

+1.  There is a cost to the CC company to add users, mail cards, field your cards, etc.  If this isn't being recouped with credit card usage fees to vendors, they have no financial incentive to continue having you as a user.  I heavily use my cards that I have in this program while still maintaining balances below 10%.  I hope to be using the cards enough that the CC companies think twice before closing the account.

+1 again. I've had Chase cards (that were not being used for tradelines or used at all) closed suddenly and it was kind of jarring, but it does make sense. Use it or lose it. Anecdotally, I can say that I used my cards often and this has seemed to help when I request credit line increases.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on September 01, 2017, 06:43:31 AM
I agree that the closure is very weird, and it makes no sense to me that it would be due to piggybacking since I've only had 2 adds... however, I've had this card for over 10 years and I wouldn't say that my usage pattern has changed at all recently.  I suppose it could just be a fluke.

Either way, don't care much other than the fact that it's one less card to sell spots on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on September 01, 2017, 06:45:16 AM
I agree that the closure is very weird, and it makes no sense to me that it would be due to piggybacking since I've only had 2 adds... however, I've had this card for over 10 years and I wouldn't say that my usage pattern has changed at all recently.  I suppose it could just be a fluke.  I was a little surprised and miffed that they couldn't even give me a reason, but I didn't really push it.

Either way, don't care much other than the fact that it's one less card to sell spots on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on September 01, 2017, 09:10:06 AM
Strange- yesterday I got a phone call for one of the old AUs. Don't know who from. How would they get this number?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on September 01, 2017, 10:24:22 AM
Are they not doing Chase cards anymore?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 01, 2017, 11:31:35 AM
Are they not doing Chase cards anymore?

Chase cards are all resting (and have been for a while).  They are concerned that Chase is doing audits and the risk of shutdown is higher.  They'll take them off resting when they think the risk has passed (how they tell I have no idea).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sobezen on September 01, 2017, 02:18:18 PM
Strange- yesterday I got a phone call for one of the old AUs. Don't know who from. How would they get this number?

Woah!  How in the world did that happen?  Has this happened to anyone else?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 01, 2017, 02:21:09 PM
Strange- yesterday I got a phone call for one of the old AUs. Don't know who from. How would they get this number?

Woah!  How in the world did that happen?  Has this happened to anyone else?

Yes, it's happened once before, too. Might have been in the old thread, can't recall.  Presumably based on your address that temporarily shows up on the AU credit report, a previous creditor may dig up your phone number. It seems rare (getting junk mail for a previous AU is another thing that happens, but rarely).

If you have not had a TL sale yet, and have been enrolled 6+ months, contact the owner at the previously provided email address.  There is the potential to sell lines for a lower commission in orer to get a sale for those individuals.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 03, 2017, 05:55:44 AM
Make sure to use these credit cards some, that way there's less of an incentive for them to close your credit card account.

+1.  There is a cost to the CC company to add users, mail cards, field your cards, etc.  If this isn't being recouped with credit card usage fees to vendors, they have no financial incentive to continue having you as a user.  I heavily use my cards that I have in this program while still maintaining balances below 10%.  I hope to be using the cards enough that the CC companies think twice before closing the account.

If you really want to piss them off, charge under $1.99 every month.  Discover has (haven't verified recently) a "small balance credit" that basically makes the small purchase free.  Not really sure why, unless payment processing really costs them $1.99

I do this with about 5 cards and I don't think it pisses them off at all.  Most of the cards I do the "small balance forgiveness" are also in for tradelines, so I get something out of them whether I get an AU or not.  Remember that if the balance is forgiven, it doesn't report to the credit bureaus.  So if you have an AU, you need something that'll report.  I have a routine where I keep my small balance cards in a separate case and go to the gas station when they're all cleared, put in gas below the forgiveness limit, move to the next one.  I write the limit on the card with a sharpie so I don't even need to be awake to do this.  End up with $5 of free gas every month.  There have been times (like in August) where I then get an AU on the card and need to do a regular purchase.  Big deal.  So I have to pay the $1.99 for the gas I just pumped.....I'm picking up some hundred(s) dollar income.  I'll take it.

Funny thing (to me) on the small balances.  They still earn rewards points/dollars.  This includes the bonus categories.  So when Discover had gas as the bonus for 5%, I'd get 10 cents every month in bonus.  I'm a guy who picks pennies off the ground, so yah.....I'll take it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wadatong on September 03, 2017, 11:31:49 AM
Just had my discover card credit line terminated under normal account review procedures. It has no reason listed. It just says "our credit decision was based in whole on the information found on your account."

This was the first card I had authorized users put on a few months ago. Seems they are doing an audit. Oh well, there goes one of my oldest accounts. Good thing I have others.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on September 03, 2017, 12:15:28 PM
Wow that's scary. I have 2 cards with Discover and I hope they don't get shut down. Admittedly I am spending some money on them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on September 03, 2017, 03:48:33 PM
Please give the TL company a heads up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wadatong on September 04, 2017, 07:02:43 AM
I sent them a message.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SimpleSpartan on September 04, 2017, 12:50:58 PM
BM
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: madage on September 05, 2017, 03:20:06 AM
Just had my discover card credit line terminated under normal account review procedures. It has no reason listed. It just says "our credit decision was based in whole on the information found on your account."

This was the first card I had authorized users put on a few months ago. Seems they are doing an audit. Oh well, there goes one of my oldest accounts. Good thing I have others.

I received the same notice on my Discover card. Oh well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Can't Wait on September 05, 2017, 11:11:49 AM
I just added my wife as an authorized user on my Chase Sapphire Preferred card and all they asked for was her name and address. How does a "sold" tradeline get reported to the credit bureaus if they don't ask for a social security number?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 05, 2017, 11:59:32 AM
I just added my wife as an authorized user on my Chase Sapphire Preferred card and all they asked for was her name and address. How does a "sold" tradeline get reported to the credit bureaus if they don't ask for a social security number?

All of them do ask for SSN except Chase.

Chase, thus, will not report on its own. You need another card that has the same address.  Thus when you sell a line on Chase, you have to "pair" it with another card and sell a line there, too, so the Chase will report correctly.

Presumably your wife has the address already on her credit report, so it should report okay for her. For an AU, another card would need to be used in tandum.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on September 05, 2017, 01:19:32 PM
I just added my wife as an authorized user on my Chase Sapphire Preferred card and all they asked for was her name and address. How does a "sold" tradeline get reported to the credit bureaus if they don't ask for a social security number?

All of them do ask for SSN except Chase.

Chase, thus, will not report on its own. You need another card that has the same address.  Thus when you sell a line on Chase, you have to "pair" it with another card and sell a line there, too, so the Chase will report correctly.

Presumably your wife has the address already on her credit report, so it should report okay for her. For an AU, another card would need to be used in tandum.

barclay's doesnt and i've never had an issue with an unpaired user reporting properly when not calling in to give the SSA number and i've never called in to give the SSA number and all adds work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sobezen on September 05, 2017, 02:57:21 PM
Looking to test this since the old company did not generate any interest. Send ARS pm. Thanks for sharing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on September 06, 2017, 01:42:24 PM
Calling in my 7th add overall today and had my first encounter with a fraud department.  Ended up not being a big deal, they just want to make sure the actual account owner is the one calling in to add these people.  Asked me to repeat the AU's SS# and Bdate 3-4 times and put me on hold for a while.  But ended up going through fine.  Just a little more annoying than the typical call in. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lfstyl_stag on September 06, 2017, 11:02:31 PM
Got my first two AUs today. Added without a hitch.

Sent from my Nexus 6P using Tapatalk

How long after signing up did it take to get an add? I just went through the signup process today.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lfstyl_stag on September 06, 2017, 11:19:53 PM
With the old company, I have a Discover card at $9500.  I have always had my four spots full on that card because it is the cheapest rate for buyers at <$10k limit.  I'd try to get right under the next pay threshold.

So $14,999, $19,999, $29,999, or $39,999.

Wow, that seems like a really good idea. Are you confident that this method works? Maybe i'll try to bump $15,000 CL up to $19,500 or so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on September 07, 2017, 03:50:34 PM
Still have not been paid for an add back on June 25. I know this is minimal work for the money, but it's still frustrating to have to follow up with them repeatedly to get adds paid every time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on September 07, 2017, 06:15:13 PM
With the old company, I have a Discover card at $9500.  I have always had my four spots full on that card because it is the cheapest rate for buyers at <$10k limit.  I'd try to get right under the next pay threshold.

So $14,999, $19,999, $29,999, or $39,999.

Wow, that seems like a really good idea. Are you confident that this method works? Maybe i'll try to bump $15,000 CL up to $19,500 or so.

I sell all the spots on that card every month.  If the customers have to pay a set amount for any cards under $10k, they are going to pick the ones with the highest limit possible.  I assume this will be the case with all brackets if the customers are able to pick the cards from a list.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on September 07, 2017, 08:56:58 PM
I have a 10 or 12 year old Discover card with a $9500 limit. It's the only card I have that's had any sales, but it's only had two sales in 9 months with the new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 08, 2017, 04:58:37 AM
With the old company, I have a Discover card at $9500.  I have always had my four spots full on that card because it is the cheapest rate for buyers at <$10k limit.  I'd try to get right under the next pay threshold.

So $14,999, $19,999, $29,999, or $39,999.

Wow, that seems like a really good idea. Are you confident that this method works? Maybe i'll try to bump $15,000 CL up to $19,500 or so.

I sell all the spots on that card every month.  If the customers have to pay a set amount for any cards under $10k, they are going to pick the ones with the highest limit possible.  I assume this will be the case with all brackets if the customers are able to pick the cards from a list.
How old is the card if you don't mind me asking?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoping2retire35 on September 08, 2017, 06:50:23 AM
any ideas on how the equifax breach will effect this? seems like it would be difficult to add lots of AUs if you have to do all of that verification everytime.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on September 08, 2017, 11:10:34 AM
Just wanted to add another data point.

Credit company "D" shut down my card yesterday (after I added a new AU on Tuesday), with no warning and no reason given, except the generic "our credit decision was based in whole on the information found on your account" that someone else above got.

Card was 19 years old, had a 20.5k limit, I use it regularly over the years, averaging 200-2000 dollars monthly spend. I've had 7 adds on it since Jan.

I've spent close to an hour on the phone with "D" and they were utterly unhelpful in getting my account reopened.  They were not even able to tell me why, but instructed me to write to the corporate office.  I had the senior person admit to me that nothing would probably change even if I wrote in.  I was extremely nice the whole time, but changed my tone towards the end to try a different tactic.  Didn't work.  I can't believe they wouldn't even give a 19-year customer the courtesy of explaining their reasons over the phone rather than having to use snail mail.

ETA:  This card was used through the new TL company
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on September 08, 2017, 11:20:08 AM
Yikes. The good times are about to end with Discover it seems like.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on September 08, 2017, 11:51:00 AM
Yikes. The good times are about to end with Discover it seems like.

What a shame. That was one that I sold consistently 1-2x/ monthly. ARS warned us it could happen, and here we are.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on September 08, 2017, 07:18:53 PM
It is upsetting to see so many Discover cards being shut down.  This is where I have had all my AUs as my card is very old with a high limit.  I recently got approved for a second to Discover card in my maiden name to "season."  If my old card gets shut down would my new one be at risk too? It's not old enough for AUs and even though it's in my maiden name obviously the ss# and addresses are the same.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 08, 2017, 07:40:35 PM
It is upsetting to see so many Discover cards being shut down.

Definitely.  =/

Totally sucks if that's your main card for AU sales.

It's good to have a diversity of cards. Barclay, Capital One, Citi, US Bank, etc. all seem good still.

B of A and now Doscover have both had issues this year.

Quote
This is where I have had all my AUs as my card is very old with a high limit.  I recently got approved for a second to Discover card in my maiden name to "season."  If my old card gets shut down would my new one be at risk too? It's not old enough for AUs and even though it's in my maiden name obviously the ss# and addresses are the same.

No, Chase is the only one that may shut down other accounts; other companies, including Discover, to this point have only shut down the one card, but not other cards you have with them.  (Obviously it's their perogative at any point to close any accounts you have with them, so I suppose that's possible, but no other companies have done so historically besides Chase, as mentioned in the OP).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on September 09, 2017, 11:29:20 AM
So, What does this Equifax breach mean for this whole strategy? If I choose to freeze my credit does that mean I'm entirely out of this game?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 09, 2017, 11:33:07 AM
So, What does this Equifax breach mean for this whole strategy? If I choose to freeze my credit does that mean I'm entirely out of this game?

AFAIK, it shouldn't affect anything.

AUs don't show up on your credit report. Selling tradelines does not affect your credit. I don't see why freezing it would prevent you from adding AUs (it just prevents you, or anyone else, from opening new lines in your name that would show up on your credit report).

Anyone feel free to correct me if I'm wrong, but that's my understanding.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on September 09, 2017, 03:34:58 PM
So, What does this Equifax breach mean for this whole strategy? If I choose to freeze my credit does that mean I'm entirely out of this game?

AFAIK, it shouldn't affect anything.

AUs don't show up on your credit report. Selling tradelines does not affect your credit. I don't see why freezing it would prevent you from adding AUs (it just prevents you, or anyone else, from opening new lines in your name that would show up on your credit report).

Anyone feel free to correct me if I'm wrong, but that's my understanding.  :)

This may slow down sales, or cause issues for buyers, if they are savvy and freeze their credit. We had one AU not go through because the buyer had a freeze on his credit a few months ago - I think the companies are good at instructing people to remove freezes, but if more people have them, there may a higher incidence of an attempted AU add failing?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on September 09, 2017, 07:37:49 PM
As an FYI, I just noticed my Discover is "Resting"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 09, 2017, 09:01:20 PM
This may slow down sales, or cause issues for buyers, if they are savvy and freeze their credit. We had one AU not go through because the buyer had a freeze on his credit a few months ago - I think the companies are good at instructing people to remove freezes, but if more people have them, there may a higher incidence of an attempted AU add failing?

Good point; it will not post for the AU if they do a credit freeze. Though, as you said, the company does attempt to ensure that the AU has not done that, in their communications with them.

As an FYI, I just noticed my Discover is "Resting"

Just checked, and mine is now as well. I had been intending to email them to do this myself anyways, looks like they're being proactive after the closures. Probably a smart move for the time being, while Discover is doing this crackdown.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on September 10, 2017, 09:26:09 AM
My Discover is also resting - glad they are being proactive as I was going to also email them to take a break on it. This is the message on my card info in the portal:

Discover performing audit as of 9/2017; resting cards as precaution for timebeing

I emailed the owner on Thursday of last week about still not receiving payment for my June add. No response yet. Shouldn't July adds be paid out soon as well? I had one in July too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 10, 2017, 10:04:56 AM
I emailed the owner on Thursday of last week about still not receiving payment for my June add. No response yet. Shouldn't July adds be paid out soon as well? I had one in July too.

It is frustrating when this happens--feels like that should all be automated now with the portal (or at least very simple--click button to run report, send to payroll processor).

As always, if issues like this ever pop up, feel free to PM me if reaching out to the company doesn't get a prompt response and I'm happy to look into it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on September 10, 2017, 11:57:22 AM
With the old company, I have a Discover card at $9500.  I have always had my four spots full on that card because it is the cheapest rate for buyers at <$10k limit.  I'd try to get right under the next pay threshold.

So $14,999, $19,999, $29,999, or $39,999.

Wow, that seems like a really good idea. Are you confident that this method works? Maybe i'll try to bump $15,000 CL up to $19,500 or so.

I sell all the spots on that card every month.  If the customers have to pay a set amount for any cards under $10k, they are going to pick the ones with the highest limit possible.  I assume this will be the case with all brackets if the customers are able to pick the cards from a list.
How old is the card if you don't mind me asking?

My card is about 4 years old, and it is with the old company that I am getting the sales.  Though now I think I should probably tell them to stop any future adds while this audit is going on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on September 11, 2017, 06:19:12 PM
Okay, first time doing a BoA add - for the address, use mine as the address, or the AU's?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 11, 2017, 06:23:33 PM
Okay, first time doing a BoA add - for the address, use mine as the address, or the AU's?

The AUs. The card will still come to your address (obviously).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on September 11, 2017, 06:31:45 PM
Okay, first time doing a BoA add - for the address, use mine as the address, or the AU's?

The AUs. The card will still come to your address (obviously).

Thanks! My wife pointed out that the email actually says to do that. *Doh*

Was excited at my first add from this company (and first add for anything other than US Bank) - so I rushed to the site rather than reading the email thoroughly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on September 14, 2017, 07:32:40 AM
FYI, payments for July just hit my account
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on September 14, 2017, 09:21:47 AM
Noticed something odd about the new company last night. Still haven't been paid for July, but when I view my card, I see 2 new names on the monthly timeline. However I received no alert to add them, and I do not have adding them as a task. No information to add them even if I wanted too. Very odd. I emailed them but have not got a reply. Really odd
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on September 14, 2017, 09:51:42 AM
Not odd. You'll be getting a notice to add them shortly. Patience.
This happened to me a couple of days before it was time to add them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on September 14, 2017, 10:19:08 AM
Yeah, it just means those people have purchased the slot, but it isn't time to add them yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on September 14, 2017, 10:58:55 AM
FYI, payments for July just hit my account

Likewise.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on September 14, 2017, 11:00:02 AM
Yeah, it just means those people have purchased the slot, but it isn't time to add them yet.

The tradeline company is probably waiting for payment to clear before instructing you to add them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on September 15, 2017, 03:33:06 PM
Trying to add an AU to my Cap One card.

The company did not give me the AU's phone number, but a phone number is required by Cap One.

Do I enter my own phone number?

E-mailed the company but have not heard back.

Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2017, 03:34:30 PM
Trying to add an AU to my Cap One card.

The company did not give me the AU's phone number, but a phone number is required by Cap One.

Do I enter my own phone number?

E-mailed the company but have not heard back.

Thanks.

Yep, I use my # for that field. I don't think that's reported, and I'd rather their phone not be on anything. No unauthorized charges have ever happened in the 10+ year history of the company, but still.. better safe than sorry.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on September 15, 2017, 03:38:09 PM
Great--thanks, Joe!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on September 15, 2017, 04:45:14 PM
Out of curiosity, has anyone hit the limit by Barclays of only allowing you to add ~36 authorized users for the life of the card? I'm curious if there are ways of getting around it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 15, 2017, 04:47:05 PM
Out of curiosity, has anyone hit the limit by Barclays of only allowing you to add ~36 authorized users for the life of the card? I'm curious if there are ways of getting around it.

Nope, but you could ask if they could issue you a new card number.  That might create a new account with another 36 slots, or it mightn't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on September 15, 2017, 06:05:29 PM
Out of curiosity, has anyone hit the limit by Barclays of only allowing you to add ~36 authorized users for the life of the card? I'm curious if there are ways of getting around it.

Nope, but you could ask if they could issue you a new card number.  That might create a new account with another 36 slots, or it mightn't.

You mean - Oops! I lost my card! as an opener, right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2017, 06:07:32 PM
Sadly, I don't think that gets around it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 15, 2017, 06:36:35 PM
I didn't know about this barclays limit.  Yikes, I'm halfway there!  Time to get another BC card going I guess. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 15, 2017, 06:38:47 PM
I just noticed that my Elan card is resting now too (along with a discover).  Does anyone know if there is an issue with Elan as well?

Never mind.  I just saw that Elan was listed in their August 30th email. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on September 15, 2017, 07:13:10 PM
I just noticed that my Elan card is resting now too (along with a discover).  Does anyone know if there is an issue with Elan as well?

Never mind.  I just saw that Elan was listed in their August 30th email.

I can't find that email. Can you remind me what they said about Elan?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 15, 2017, 07:16:45 PM
9.  At this time we are taking a break from selling USAA, Chase, or Elan.  We are taking a break from selling these cards because we strongly believe that these banks are conducting internal audits relating to authorized user accounts.  We feel the risk is too high for card closures.   This will change in the future when we know the risk has decreased. We will keep you posted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2017, 07:21:39 PM
This industry is in constant flux. It's good they stay on top of things like this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: pateld on September 15, 2017, 07:56:04 PM
Has anyone else had their D card shutdown??
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: madage on September 16, 2017, 06:40:23 AM
Yep.
Just had my discover card credit line terminated under normal account review procedures. It has no reason listed. It just says "our credit decision was based in whole on the information found on your account."

This was the first card I had authorized users put on a few months ago. Seems they are doing an audit. Oh well, there goes one of my oldest accounts. Good thing I have others.

I received the same notice on my Discover card. Oh well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on September 16, 2017, 12:42:01 PM
Has anyone else had their D card shutdown??
Still going strong with D since early 2015.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on September 16, 2017, 06:05:31 PM
I just added three AU's on my D card with the old company.  I was a little nervous with the recent rumors, but all good so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on September 21, 2017, 08:00:19 PM
Noticed something odd about the new company last night. Still haven't been paid for July, but when I view my card, I see 2 new names on the monthly timeline. However I received no alert to add them, and I do not have adding them as a task. No information to add them even if I wanted too. Very odd. I emailed them but have not got a reply. Really odd

Update: I did get paid, but I logged back in and the new names for me to add were mysteriously not there. My email to the new company was never returned.  I maintain that it was odd.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 21, 2017, 08:31:37 PM
Noticed something odd about the new company last night. Still haven't been paid for July, but when I view my card, I see 2 new names on the monthly timeline. However I received no alert to add them, and I do not have adding them as a task. No information to add them even if I wanted too. Very odd. I emailed them but have not got a reply. Really odd

Update: I did get paid, but I logged back in and the new names for me to add were mysteriously not there. My email to the new company was never returned.  I maintain that it was odd.

I think the process is that the new company sells spots on your card to people first and then goes through the process of verifying the AU - they need to be able to pay the new company and provide proof of identity (SSN at least) and pass the identity verification that shows they're not crooks.  Probably some - like the ones on your cards - fail that process and the sale is dropped at that point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on September 21, 2017, 11:52:52 PM
I've also had people fall off in this type of situation. From what customer service indicated, they proposed these cards to potential consumers who opted not to purchase my specific tradelines.

Noticed something odd about the new company last night. Still haven't been paid for July, but when I view my card, I see 2 new names on the monthly timeline. However I received no alert to add them, and I do not have adding them as a task. No information to add them even if I wanted too. Very odd. I emailed them but have not got a reply. Really odd

Update: I did get paid, but I logged back in and the new names for me to add were mysteriously not there. My email to the new company was never returned.  I maintain that it was odd.

I think the process is that the new company sells spots on your card to people first and then goes through the process of verifying the AU - they need to be able to pay the new company and provide proof of identity (SSN at least) and pass the identity verification that shows they're not crooks.  Probably some - like the ones on your cards - fail that process and the sale is dropped at that point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on September 22, 2017, 08:42:26 AM
Noticed some serious activity on my card today (7yo, $23k). I have two AUs scheduled for October, and one for December. Stoked.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 25, 2017, 05:39:18 PM
Added an AU to my USBank card today.  The hold time was 45 minutes, and the rep said that they had a bunch of people adding authorized users today.  Interesting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on September 25, 2017, 08:00:40 PM
Added an AU to my USBank card today.  The hold time was 45 minutes, and the rep said that they had a bunch of people adding authorized users today.  Interesting.
I waited 30 mins tonight on hold just to ask US B a question. I refuse to use them for adding authorized users. Hold times are far too long plus they don’t report to the credit bureaus until the 1st of the month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on September 26, 2017, 05:44:05 AM
Added an AU to my USBank card today.  The hold time was 45 minutes, and the rep said that they had a bunch of people adding authorized users today.  Interesting.
I waited 30 mins tonight on hold just to ask US B a question. I refuse to use them for adding authorized users. Hold times are far too long plus they don’t report to the credit bureaus until the 1st of the month.

I had an immediate pickup from the representative early this morning... Quick and easy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 26, 2017, 10:32:31 AM
Added an AU to my USBank card today.  The hold time was 45 minutes, and the rep said that they had a bunch of people adding authorized users today.  Interesting.
I waited 30 mins tonight on hold just to ask US B a question. I refuse to use them for adding authorized users. Hold times are far too long plus they don’t report to the credit bureaus until the 1st of the month.

I had an immediate pickup from the representative early this morning... Quick and easy.

Yup, usually USBank is fast on the phones.  Yesterday was an anomaly for me.  What was interesting was not the long hold times but the fact that the rep said a lot of people were adding AU's yesterday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 27, 2017, 02:20:29 PM
USAA has been conducting an internal audit for what seems like forever. Sucks! It was my golden buzzer card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Done by Forty on September 29, 2017, 05:56:37 PM
Signed up for the first time last month, but haven't heard anything since. I guess it might be normal to have lulls, right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 29, 2017, 06:17:52 PM
Signed up for the first time last month, but haven't heard anything since. I guess it might be normal to have lulls, right?

Yup.

I went 3 months with nothing, 3 months with 1 AU, a dead month, then 1 AU.  Shrug, no complaints for free money.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on September 29, 2017, 07:24:03 PM
Signed up for the first time last month, but haven't heard anything since. I guess it might be normal to have lulls, right?

Took 8 months to get my first sale, 3 cards listed.

I do appear to be an outlier.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 05, 2017, 11:44:53 AM
Posting to follow.  Can't believe I missed this gravy train for so long.   I only have 2 eligible cards out of all my cards, and my wife has none.  Hopefully we can still make some free money.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: coolshemp on October 06, 2017, 08:45:18 AM
Hello. has anyone been paid for August adds yet?  I have not heard anything nor seen a deposit.  Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 06, 2017, 08:09:11 PM
I tried to add an AU for citicard over the phone as instructed. I asked the operator to send the card to my address but also add the AU's address so that they have it on file. The operator said that if she adds AU's address she'll have to send the card to him, not to me, otherwise she can't add his address, so I agreed not to add his address, just name, dob and social. Is that a problem? When I added other AUs to the same card before I was able to add a different address and still have the card sent to mine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 06, 2017, 08:17:48 PM
I tried to add an AU for citicard over the phone as instructed. I asked the operator to send the card to my address but also add the AU's address so that they have it on file. The operator said that if she adds AU's address she'll have to send the card to him, not to me, otherwise she can't add his address, so I agreed not to add his address, just name, dob and social. Is that a problem? When I added other AUs to the same card before I was able to add a different address and still have the card sent to mine.

The customer service person was wrong. I've had them tell me that before, and I had them go check their documentation to make sure, and they came back and told me that, in fact, it could ONLY go to my address, and they had been mistaken.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 06, 2017, 10:43:11 PM
I tried to add an AU for citicard over the phone as instructed. I asked the operator to send the card to my address but also add the AU's address so that they have it on file. The operator said that if she adds AU's address she'll have to send the card to him, not to me, otherwise she can't add his address, so I agreed not to add his address, just name, dob and social. Is that a problem? When I added other AUs to the same card before I was able to add a different address and still have the card sent to mine.

The customer service person was wrong. I've had them tell me that before, and I had them go check their documentation to make sure, and they came back and told me that, in fact, it could ONLY go to my address, and they had been mistaken.

Adding an AU using your address has worked for me in the past just fine.  They were added and I was paid.

The one potential thing to consider for those who are extremely cautious is that your (presumably home) address will be retrievable on the AU's credit report.  You may or may not be concerned that the AU knows where you live.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 06, 2017, 11:02:57 PM
Adding an AU using your address has worked for me in the past just fine.  They were added and I was paid.

The one potential thing to consider for those who are extremely cautious is that your (presumably home) address will be retrievable on the AU's credit report.  You may or may not be concerned that the AU knows where you live.

Definitely, it may not be necessary. As long as there's enough information for them to connect it to the AU (name/social/DOB is usually enough), it should be fine without.

When I'm doing an add online for a CC company that doesn't ask for a social, but does ask for an address, I put in their address to have the extra data point (besides name/dob) to make sure it hits their report.

If you do an add online without a SSN though, and put in your address, and there's more than one person with that name/DOB, it may not post on their report correctly. In that case I'd definitely be using their address or calling in and adding the SSN (something you're supposed to do anyways if it doesn't ask for the SSN).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 06, 2017, 11:12:41 PM
Adding an AU using your address has worked for me in the past just fine.  They were added and I was paid.

The one potential thing to consider for those who are extremely cautious is that your (presumably home) address will be retrievable on the AU's credit report.  You may or may not be concerned that the AU knows where you live.

Definitely, it may not be necessary. As long as there's enough information for them to connect it to the AU (name/social/DOB is usually enough), it should be fine without.

When I'm doing an add online for a CC company that doesn't ask for a social, but does ask for an address, I put in their address to have the extra data point (besides name/dob) to make sure it hits their report.

If you do an add online without a SSN though, and put in your address, and there's more than one person with that name/DOB, it may not post on their report correctly. In that case I'd definitely be using their address or calling in and adding the SSN (something you're supposed to do anyways if it doesn't ask for the SSN).

Good points.  I always make sure to add name/DOB/SSN trio of data points and should have mentioned that as context for my statement that AU address wasn't necessary.  The way I suspect the credit bureaus work is that there has to be enough matching/overlapping data points for them to include an item (like a credit line or an address or an employer) in a credit report.  I'm sure it's fun for the bureaus to dial their algorithms so that data points that should match actually do, and data points that should not match actually don't.

Since my father and I share a first and last name and shared an address when I was growing up, his credit report and mine were intertwined for the longest time.  Since we're both responsible, it was more a point of curiosity than anything of concern.  It did help me out when I went to get credit because some of his lines were on my report instead of his.  So when I got my first credit card at age 22, I had an 18 year long credit history with "my" department store card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bmiles on October 07, 2017, 12:48:29 AM
Due to the recent data leak, I went and froze my credit with all 3 credit bureau as a precaution. Does anyone know if this affects my ability to continue to participate in Tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 07, 2017, 07:12:06 AM
Due to the recent data leak, I went and froze my credit with all 3 credit bureau as a precaution. Does anyone know if this affects my ability to continue to participate in Tradelines?

You will be able to add AUs to existing tradelines that qualify for sales while you have a freeze on your reports.

If you want to open new tradelines for future sales, you will obviously need to unfreeze your credit report during the application process.  You can then refreeze your reports after the applications are done.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on October 07, 2017, 07:55:39 AM
I've had some problems with my Discover Card.  A month ago I was sent a new card over fraud concerns by Discover.  Now my statement had two charges to Uber that weren't mine.  On the new Discover card I was sent I have a charge for Hulu that I did not make.  Anyone else have this experience?  Should I rest my Discover?  It's really the only one making me money.  Also wouldn't it already be too late if they were suspicious?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 07, 2017, 08:37:42 AM
I've had some problems with my Discover Card.  A month ago I was sent a new card over fraud concerns by Discover.  Now my statement had two charges to Uber that weren't mine.  On the new Discover card I was sent I have a charge for Hulu that I did not make.  Anyone else have this experience?  Should I rest my Discover?  It's really the only one making me money.  Also wouldn't it already be too late if they were suspicious?

This has nothing to do with AUs, but is common credit card fraud. Likely they are just trying random numbers and hit on success with yours (unless your computer has a trojan/keylogger and you have used the number on there, or something like that--there is a few possibilities, none of which related to AUs).

Notify Discover that you didn't make those charges. Get it cancelled again and a new card (again).

(If the charges had somehow been made by an AU, they'd tell you when you said they were fraudulent--"This charge was made by your authorized user XYZ" type thing. I am confident this won't be the case.)

Discover is resting on the new company already (do you have yours with old?) because of audits (a few people earlier in the thread had their Discovers shut down a month or two ago). I'd probably rest it a bit for that reason, but not for the unauthorized charge thing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lmf on October 10, 2017, 03:25:48 PM
Hello. has anyone been paid for August adds yet?  I have not heard anything nor seen a deposit.  Thanks!

I'm still waiting for payment for an add from the end of July that posted in August.  I was expecting payment at the beginning of this month but it has yet to show up.  Should be soon I would expect.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on October 11, 2017, 07:59:05 AM
Looks like Keith is using a different company:

https://wealthyaccountant.com/2017/10/11/tradelines-the-1000-an-hour-side-gig/

They are going to get bombarded. Lol.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 11, 2017, 08:21:45 AM
Looks like Keith is using a different company:

https://wealthyaccountant.com/2017/10/11/tradelines-the-1000-an-hour-side-gig/

They are going to get bombarded. Lol.

Oh jesus.

His readers are about to get *.

I'm familiar with that company. I've tested them out. I've had cards closed because I used them with that company. I've spoken on the phone with them many times. I've met with them in person.

Ultimately, I couldn't recommend them.

It shocks me that he says:
Quote
One Last Caution: There are plenty of companies brokering tradelines. I spent serious time reviewing multiple companies to verify I am with a “seasoned” firm. Tradeline Supply Company impressed me and I use them personally. There are other good tradeline companies, too. If you choose a different route, be sure to vet any tradeline company before committing. Make sure the company has been around for a few years and screens their clients adequately. What impresses me most about Tradeline Supply Company is the periodic notes from their specialists outlining issues with certain credit cards.

I don't know how he calls them "seasoned"--they're literally 6 months old, they started in April.

(Started trying to sell then, at least, but as of May, they still weren't incorporated or actually operating like a business.)

They were operating, last I knew, with no contracts between them and AUs. They don't vet the same way as the companies I recommend, and if there's an audit, you're *.

All I can guess is that because they talk a good talk, and Keith is such a nice guy he trusts them, it sounds like a good referral commission, so he went with them, not doing the full digging and due diligence I do with all the tradeline companies I look into.

I've looked into a LOT. There's a reason why I've been able to recommend two companies, out of probably 8 or so I've looked at in-depth, and another half dozen or so that immediately hit the "NOPE" flags (e.g. allow CPNs) and didn't even bother to dig further.

This company just straight up doesn't vet AUs correctly, or do things in a proper business manner. They're fly-by-night that just started recently, and if you go with them, your odds of getting your cards shut down is MUCH higher, and your odds of regulatory trouble is much higher.  There's a reason why the current company hired a person who works for Chase to advise on how to make sure to keep the banks happy on their requirements.  The job title of this guy was "Director of Compliance and High Priority Regulatory Matters" at JPMorgan Chase (he sent me a snippet of the guy's resume; quite impressive).

If this isn't done, and there is an audit for fraud, and the company CAN'T prove they are doing everything to verify the people's identities right, you could be at risk.

Keith will make a good amount, but at the expense of his readers.

I'm a big fan of tradelines, if done right. This company is an example of one I looked into, couldn't recommend, and got that sick feeling when I saw he did. Keith is such a good guy, I don't think he's realized what harm can come from using a bad company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 11, 2017, 09:55:46 AM
Yikes!!!  Thanks (again) ARS!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 11, 2017, 10:29:25 AM
In the comments he twice calls it a "larger company."  Knowing both the owners, I can confirm this is not remotely true, and I'm not sure why Keith thinks is is.


EDIT: Rest of the post redacted. Thanks for reaching out, Keith! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: reuben on October 11, 2017, 12:16:40 PM
Double yikes!! Glad I checked this forum before proceeding. Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: KeithTax on October 11, 2017, 01:36:26 PM
Looks like Keith is using a different company:

https://wealthyaccountant.com/2017/10/11/tradelines-the-1000-an-hour-side-gig/

They are going to get bombarded. Lol.

Oh jesus.

His readers are about to get *.

I'm familiar with that company. I've tested them out. I've had cards closed because I used them with that company. I've spoken on the phone with them many times. I've met with them in person.

Ultimately, I couldn't recommend them.

It shocks me that he says:
Quote
One Last Caution: There are plenty of companies brokering tradelines. I spent serious time reviewing multiple companies to verify I am with a “seasoned” firm. Tradeline Supply Company impressed me and I use them personally. There are other good tradeline companies, too. If you choose a different route, be sure to vet any tradeline company before committing. Make sure the company has been around for a few years and screens their clients adequately. What impresses me most about Tradeline Supply Company is the periodic notes from their specialists outlining issues with certain credit cards.

I don't know how he calls them "seasoned"--they're literally 6 months old, they started in April.

(Started trying to sell then, at least, but as of May, they still weren't incorporated or actually operating like a business.)

They were operating, last I knew, with no contracts between them and AUs. They don't vet the same way as the companies I recommend, and if there's an audit, you're *.

All I can guess is that because they talk a good talk, and Keith is such a nice guy he trusts them, it sounds like a good referral commission, so he went with them, not doing the full digging and due diligence I do with all the tradeline companies I look into.

I've looked into a LOT. There's a reason why I've been able to recommend two companies, out of probably 8 or so I've looked at in-depth, and another half dozen or so that immediately hit the "NOPE" flags (e.g. allow CPNs) and didn't even bother to dig further.

This company just straight up doesn't vet AUs correctly, or do things in a proper business manner. They're fly-by-night that just started recently, and if you go with them, your odds of getting your cards shut down is MUCH higher, and your odds of regulatory trouble is much higher.  There's a reason why the current company hired a person who works for Chase to advise on how to make sure to keep the banks happy on their requirements.  The job title of this guy was "Director of Compliance and High Priority Regulatory Matters" at JPMorgan Chase (he sent me a snippet of the guy's resume; quite impressive).

If this isn't done, and there is an audit for fraud, and the company CAN'T prove they are doing everything to verify the people's identities right, you could be at risk.

Keith will make a good amount, but at the expense of his readers.

I'm a big fan of tradelines, if done right. This company is an example of one I looked into, couldn't recommend, and got that sick feeling when I saw he did. Keith is such a good guy, I don't think he's realized what harm can come from using a bad company.

Joe, I take your opinion highly. From what I saw Tradeline Supply Co has been around a few years and were expanding. They also verify accounts et cetera. My biggest concern was the number of AUs they want to place on an account.

I pulled the contact info down so I have more time to review. I've been with TSC for several months now without issue. Several companies I spoke with were really bad. David seemed up and up and their process seems to work well for me at least. The questions you recommended asking here on this forum were what I asked David. Darren has talked with me too as well as sending updates on what restrictions apply to keep everything smooth.

Let me know when we can talk.

That said, you've been at this longer. I'm going to link my readers here so they can get a fuller story. I left a FB message. If we could plan a time to talk that would be great.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 11, 2017, 01:55:23 PM
Quote
The questions you recommended asking here on this forum were what I asked David.

I'm surprised, based on what you posted about them. Either there was a miscommunication on some of the things, or they straight out lied to you.

Like this:
From what I saw Tradeline Supply Co has been around a few years and were expanding.

David's been selling just his own lines for maybe a year. They have been selling other people's lines since April (naturally they've been expanding... starting from zero any growth is expanding, but they're still much smaller than most tradeline companies).

What did they tell you for how long they'd been in business?

Quote
They also verify accounts et cetera.

What did they tell you about how they verify accounts? From what I know, they DON'T do the full verification the other companies do. They collect ID, don't store it securely, and that's it.

Quote
My biggest concern was the number of AUs they want to place on an account.

They just don't have the experience to know what will raise red flags with the companies, which leads to more card shutdowns.

My bottom line is that I'd rather have very few sales with a good company than a lot of sales with a bad one, given the nature of this industry.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on October 11, 2017, 02:08:00 PM
I'm glad everyone is willing to communicate and express themselves about Tradeline Supply company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 11, 2017, 02:15:42 PM

From what I saw Tradeline Supply Co has been around a few years and were expanding.

David's been selling just his own lines for maybe a year. They have been selling other people's lines since April (naturally they've been expanding... starting from zero any growth is expanding, but they're still much smaller than most tradeline companies).

Hmm... so you can sell your own tradelines directly to the public? hmmm...

I wonder what would happen if I put up a craigslist ad, took the first two responders and added them as AUs. I could charge the same price the tradeline companies are charging ($300-500 each). I could still sell the same number of slots, but make a lot more per slot. Plus, I would have the advantage of meeting the users in person, verifying their SSNs and DOBs myself.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 11, 2017, 02:27:38 PM
Hmm... so you can sell your own tradelines directly to the public? hmmm...

I wonder what would happen if I put up a craigslist ad, took the first two responders and added them as AUs. I could charge the same price the tradeline companies are charging ($300-500 each). I could still sell the same number of slots, but make a lot more per slot. Plus, I would have the advantage of meeting the users in person, verifying their SSNs and DOBs myself.

Totally!  Cut out the middleman, make quite a bit more.

Like I said, this is how David got started, then he decided to start selling other people's lines too, because he was finding more AUs than he had cards. The problem is that he decided to turn it into a business but cut corners on all the crucial stuff that a cardholder needs to be protected.

One thing you'll want to do if you do sell them directly is make sure there is no fraud alerts on their credit. This is a big red flag, and if there is some fraud later by the AU (not on your card, but using the credit they were able to obtain), it's hard for you to claim you tried to avoid fraud without doing this check, or ignoring it. Not worth being potentially liable. That's why AU verification is the #1 most important thing in choosing a tradeline company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 11, 2017, 03:15:01 PM
It looks like the only valid reasons to check someone's credit are employment, tenancy, and lending. Adding an AU to your tradeline doesn't seem to fit any of those reasons. Have you done this before, and how do you justify it?

And what are you looking for? Is there a specific warning such as "Fraud Alert!"? Do I need to look through all their existing tradelines? Do I need to keep a copy of the credit report? How long do I need to keep that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tscpartner on October 11, 2017, 03:33:26 PM
This is David from Tradeline Supply Co.  I would love to be able to defend myself in an open forum.  If this is acceptable please let me answer questions and don't ban me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on October 11, 2017, 03:36:19 PM
I think the more communication that goes on the more we all learn.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 11, 2017, 03:43:28 PM
This is David from Tradeline Supply Co.  I would love to be able to defend myself in an open forum.  If this is acceptable please let me answer questions and don't ban me.

Welcome David! We're glad you're here! I hope you don't feel like you need to "defend" yourself though. Nobody here is really antagonistic, we're just a little confused. Please go ahead and address anything you feel like addressing in the last several posts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 11, 2017, 04:06:22 PM
Had a good chat with Keith on the phone.

It's nice that he's a stand-up guy, and since he's already FI, and can put his integrity first. Not that he wouldn't even if he wasn't FI, but when money is no longer a concern, it's not even tempting to pass on thousands of dollars if it's not the right thing to do. If another blogger was faced with the same dilemma, I know it would be difficult for them to say "my readers and my integrity come first, before referral dollars."

Not that this company isn't necessarily the right thing to do; Keith is going to contact them again, and I'm curious to see where it goes.

Like I said above, I vetted the company over several months, and ultimately couldn't recommend them. I made many recommendations to them about how they could do things right, but they didn't seem interested.

This is David from Tradeline Supply Co.  I would love to be able to defend myself in an open forum.  If this is acceptable please let me answer questions and don't ban me.

Like I told Keith, if practices have changed, there's no reason why I couldn't recommend your company. But it wasn't, and isn't, the case, as far as I know.

To be frank with you: I think you and Darren are very smart people; I also think you're cutting corners on the most important (and most expensive, and time consuming, not coincidentally) parts, things that don't add to the bottom line, but are crucial to the cardholders.

You have my email, and phone. I'm more than happy to discuss privately. You can post what you want here.  If your ultimate intent is to solicit users, that would fall under spam.

Here's the bottom line for me: if I wanted to make a lot of money, quickly, at the expense of MMM users, I'd have started sending you a bunch, months ago. Right now the current company is full, so I'm not earning any extra money from them. My commissions are tied to the cardholder getting sales, not signing up. If I send someone, and they get no sales, I make no money. Since we have more supply of cards than  demand (AUs) right now, I could increase the amount I make by sending people over to other companies. Be that David's company, or one of the many others.

There are plenty that offer referral commissions. I could easily recommend some of them. But at the end of the day, I'd rather make less money myself, recommend only the good companies, and have MMM users see only a few sales at good companies than a lot of sales at a bad company, and have much higher risk of card shutdowns and potential fraud issues. This community is more important to me than a few bucks.

If you, David, can change my mind on your company's practices, I'm totally open to that. But I'm not open to a company that I think is detrimental to their cardholders (and churning through them with bad practices because they have so many cards available to them) roping in MMM users.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NeonPegasus on October 11, 2017, 06:03:58 PM
PTF. Intrigued.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on October 12, 2017, 07:54:39 PM
This is David from Tradeline Supply Co.  I would love to be able to defend myself in an open forum.  If this is acceptable please let me answer questions and don't ban me.

Welcome David! We're glad you're here! I hope you don't feel like you need to "defend" yourself though. Nobody here is really antagonistic, we're just a little confused. Please go ahead and address anything you feel like addressing in the last several posts.

Agreed. Better to have things openly discussed (with the usual caveats)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tscpartner on October 13, 2017, 12:23:31 PM
Hey Mustachinas, just wanted to drop in real quickly to give you an update.  Prior to the blog post we were already extremely busy with the normal business and after Keith's article was published we were completely overwhelmed with the response.  On top of that Darren (my partner) and I are both in an out of town wedding this weekend.  Monday, I'm sure we we will have a ton of catching up to do and we have a major meeting to hire our first employee and get everything that goes along with that in order.  I'm very much looking forward to talking with you guys further,please just understand we are completely slammed right now.

I believe we have at least responded to everyone at this point who has emailed us, but many of you may be waiting for a further response.  If so, just bear with us, we will get to everyone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on October 13, 2017, 02:07:10 PM
Can we start a separate thread for this other company to keep things simple and straightforward?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 13, 2017, 02:26:13 PM
Can we start a separate thread for this other company to keep things simple and straightforward?

+1
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on October 13, 2017, 04:14:08 PM
we have a major meeting to hire our first employee and get everything that goes along with that in order.

You're going to need a whole bunch of employees if you really want to do this right. Otherwise you'll just have a whole bunch of credit cards available with no authorized user sales on them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cassie on October 13, 2017, 04:33:55 PM
Following
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on October 13, 2017, 05:27:20 PM
Very odd to me that his reply did not acknowledge anything Joe said in his comment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 13, 2017, 05:37:21 PM
Very odd to me that his reply did not acknowledge anything Joe said in his comment.

I'm assuming he will. The comment was basically "busy right now, so response will be delayed" to explain the delay.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on October 13, 2017, 07:54:08 PM
Here's where I'm at. I signed up in late December with several cards. I've had 2 sales. Both in April.

Nothing si CR. Emailed and called and talked to one of the people there. Agreed to a 25% drop in my commission.

Still nothing.

It's free money but seems there's some that are getting more action thrown there way than some of us. My cards run the gamut of ages and balances.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on October 13, 2017, 08:14:54 PM
Considering just offering direct.  Does the credit boost last any amount of time after the AU is removed?  What is the typical boost from, say, a low, mid, and high level card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on October 13, 2017, 11:02:45 PM
.
It's free money but seems there's some that are getting more action thrown there way than some of us. My cards run the gamut of ages and balances.

If the transaction numbers are any indication they're only selling about 250 slots per month, and rebs could be getting 20% of those all to himself.  Most of us will continue to get zero unless they find a way to recruit more buyers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 14, 2017, 11:38:12 AM
Here's where I'm at. I signed up in late December with several cards. I've had 2 sales. Both in April.

Yeah.

I'm of the opinion that a few sales from a good company is better than a lot from a bad one. Besides the fraud liability risk from a bad one, your card will be much more likely to get shut down.  Getting 2-3 sales every six months for years is better than getting 5-8 sales right away, then having the card cancelled, IMO.

If people want recommendations for bad companies that will burn out the cards quickly, but will pay you, I can provide those too. Some people may be willing to trade a card closure for one or two thousand dollars.

Considering just offering direct.  Does the credit boost last any amount of time after the AU is removed?  What is the typical boost from, say, a low, mid, and high level card?

So it very much depends on what the AU's credit history is like. If they have recent lates, it's almost not useful at all. If they have old issues, it's much better.

Most of us will continue to get zero unless they find a way to recruit more buyers.

Yeah. I contacted the owner of the company about this a few days ago. This was the plan for 2017, to massively scale their AU base to meet cardholder demand, once the portal was up and rolling in March. This was discussion we had in March on the phone and in April, when we met in person. It's been 6 months past that, and there hasn't been the growth I've expected. So I'm looking into that, and maybe will have to start the search again for another TL company.

That's why I was so excited about the new TL company (the one that Keith recommended). The people running it are smart and on the ball, and I immediately signed up cards with them and was excited for new competition. IIRC I mentioned it here. Ultimately they weren't doing things the way I was hoping, and I couldn't recommend them, despite the amount of money it would have made me.

The problem is that anyone can advertise for people wanting a credit boost, grab their info (name, DOB, SSN, etc.), take a cardholder, and send that info over. Just matching people up is easy. It's the verification that's crucial, expensive, time consuming and easy to skip if you don't care.

And I've researched most the companies out there, so either one would have to clean up their practices (unlikely, they're making money hand over fist with less work by churning through cardholders and exposing them to risk) or a new one would have to start. Really want some enterprising Mustachian to start one.  Happy to advise. ;)  It just needs to be done right.

In any case, we'll see what the owner says, and what his plans for growth are, and go from there. Hopefully the good companies can scale more, or another good company will start, rather than going with bad ones.

But if you guys just want sales.. google Tradeline Companies.  There's plenty of them. If you're finding them on the first page of Google (and deeper), I've researched them, and have a reason not to recommend them. But if you want to do that anyways, totally cool!

And selling yourself is definitely more lucrative, with no middle man, but you need to do your own protections/verifications, and obviously your own advertising. 

As always, happy to help/answer any questions. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on October 14, 2017, 12:09:54 PM
Quote
It's the verification that's crucial, expensive, time consuming and easy to skip if you don't care.

[...]
Really want some enterprising Mustachian to start one.  Happy to advise. ;)  It just needs to be done right.

Did you ultimately decide that it was going to be too much of a time investment to pursue starting a tradeline company? All those posts kind of just disappeared...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 14, 2017, 12:35:15 PM
Quote
It's the verification that's crucial, expensive, time consuming and easy to skip if you don't care.

[...]
Really want some enterprising Mustachian to start one.  Happy to advise. ;)  It just needs to be done right.

Did you ultimately decide that it was going to be too much of a time investment to pursue starting a tradeline company? All those posts kind of just disappeared...

I had to put my attempts on hold for personal reasons. The posts were not deleted, just moved to a private section of the forums. Not sure of the future of that at the moment.

I really believe in it (to the point that I spent several thousand dollars incorporating, getting legal work done, etc.). In short, I think it's incredibly lucrative (to the tune of millions of dollars), which tempts me, as I plan to donate 100% of any profits I make, and that's a lot of opportunity to do good, and I think there's a definciency in the market (lots of companies not doing it well, the few good companies missing opportunities to scale and with marketing), a good combination.

But it's not something I can take on solo right now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: pateld on October 14, 2017, 02:01:44 PM
any further DPs on Discover closing accounts in Sep/Oct?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dutty on October 14, 2017, 02:48:19 PM
This isn't possible in the UK (United Kingdom) / Britain / Europe is it? I have had a search but found no posts which explicitly stated this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 14, 2017, 04:29:15 PM
any further DPs on Discover closing accounts in Sep/Oct?

What does DP mean in this sentence?

Discover closed some accounts in an audit, so use of them is on hold for the moment.

This isn't possible in the UK (United Kingdom) / Britain / Europe is it? I have had a search but found no posts which explicitly stated this.

I'm not aware of it working in any countries besides the US. Other countries have different credit score methods. Theoretically if another place had authorized users, and it boosted your credit score, and it was legal to do so, there is no reason why you couldn't sell AU slots. But I don't believe it does anything elsewhere, it's a unique part of our credit scoring model.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on October 14, 2017, 05:17:10 PM
any further DPs on Discover closing accounts in Sep/Oct?

What does DP mean in this sentence?

Discover closed some accounts in an audit, so use of them is on hold for the moment.


Typically DP in this context would mean Data Point. ie - have there been more solid reports of closures.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 14, 2017, 09:57:23 PM
Ah, thanks. I don't think there have been any other closures besides that initial handful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on October 16, 2017, 11:38:23 AM
Considering just offering direct.  Does the credit boost last any amount of time after the AU is removed?  What is the typical boost from, say, a low, mid, and high level card?

Data point from my niece's husband - added him to several cards of mine not currently enrolled with the TL company to help him raise his credit for a car purchase. I asked my niece to keep me updated on the impact it made. The first card added 150 points to his score, shocking to me that it went up that much. An additional card showed up and it jumped another 28 points. I think there are three left that should be showing up in the next several days, so will be excited to see if there are any additional jumps or if the returns diminish. For what it's worth, he had a 520 score that is now sitting at a 698 - pretty big improvement!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on October 16, 2017, 12:50:35 PM
Considering just offering direct.  Does the credit boost last any amount of time after the AU is removed?  What is the typical boost from, say, a low, mid, and high level card?

Data point from my niece's husband - added him to several cards of mine not currently enrolled with the TL company to help him raise his credit for a car purchase. I asked my niece to keep me updated on the impact it made. The first card added 150 points to his score, shocking to me that it went up that much. An additional card showed up and it jumped another 28 points. I think there are three left that should be showing up in the next several days, so will be excited to see if there are any additional jumps or if the returns diminish. For what it's worth, he had a 520 score that is now sitting at a 698 - pretty big improvement!

it makes sense no one would pay thousands for this if it didnt work well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on October 16, 2017, 01:19:32 PM
Considering just offering direct.  Does the credit boost last any amount of time after the AU is removed?  What is the typical boost from, say, a low, mid, and high level card?

Data point from my niece's husband - added him to several cards of mine not currently enrolled with the TL company to help him raise his credit for a car purchase. I asked my niece to keep me updated on the impact it made. The first card added 150 points to his score, shocking to me that it went up that much. An additional card showed up and it jumped another 28 points. I think there are three left that should be showing up in the next several days, so will be excited to see if there are any additional jumps or if the returns diminish. For what it's worth, he had a 520 score that is now sitting at a 698 - pretty big improvement!

it makes sense no one would pay thousands for this if it didnt work well.

People will pay a lot of money for things that don't work, but nice to know this does something. Not just selling placebos
What is the going rate charged to clients?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MVal on October 16, 2017, 06:42:07 PM
Anyone know how you vet a potential new tradeline company? Do you check them out with the Better Business Bureau or something? I've encountered a new company that can take some of my other cards, but I don't know how to screen them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 17, 2017, 06:56:10 AM
Anyone know how you vet a potential new tradeline company? Do you check them out with the Better Business Bureau or something? I've encountered a new company that can take some of my other cards, but I don't know how to screen them.

You're scaring me, man.  Like Joe said, it's better to have a small number of sales with a good company than a big number of sales with a bad company.  There are giant flying lizards out there breathing fire with sharp teeth.  Pretty easy to become eaten.  I'm happy with the occasional AU I get.    (just got paid today, actually)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 17, 2017, 07:09:59 PM
I just got my first order for a citi card.   The instructions said I have to call in for citi, because if I do it online the ssn won't be entered.  I called and added the AU, and the citi rep said he was going to send a card to the AU address asap.  I requested he send the card to my address instead.  I was under the impression the cc company will never ship to the AU address, but he seemed very quick to get it sent to that address?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on October 17, 2017, 07:18:47 PM
I just got my first order for a citi card.   The instructions said I have to call in for citi, because if I do it online the ssn won't be entered.  I called and added the AU, and the citi rep said he was going to send a card to the AU address asap.  I requested he send the card to my address instead.  I was under the impression the cc company will never ship to the AU address, but he seemed very quick to get it sent to that address?

Yes I find the customer service for Citi to be lacking, and they don't always understand what they're doing. They're only ever supposed to send it to the primary cardholder's address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 17, 2017, 07:20:43 PM
I just got my first order for a citi card.   The instructions said I have to call in for citi, because if I do it online the ssn won't be entered.  I called and added the AU, and the citi rep said he was going to send a card to the AU address asap.  I requested he send the card to my address instead.  I was under the impression the cc company will never ship to the AU address, but he seemed very quick to get it sent to that address?

Yeah, I've had the rep tell me that, and when I asked for clarification he went and checked and apologized and said I was right, it would go to my (primary) address, and that he actually can't send it anywhere else.

Worth checking each time they say it's going to the AU address to ask them to send it to yours, because why not, but it's very very likely unnecessary.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 17, 2017, 09:10:03 PM
I just got my first order for a citi card.   The instructions said I have to call in for citi, because if I do it online the ssn won't be entered.  I called and added the AU, and the citi rep said he was going to send a card to the AU address asap.  I requested he send the card to my address instead.  I was under the impression the cc company will never ship to the AU address, but he seemed very quick to get it sent to that address?

Yeah, I've had the rep tell me that, and when I asked for clarification he went and checked and apologized and said I was right, it would go to my (primary) address, and that he actually can't send it anywhere else.

Worth checking each time they say it's going to the AU address to ask them to send it to yours, because why not, but it's very very likely unnecessary.

If I had said nothing and the rep tried to send it to the AU address, what is stopping the card from being delivered?  Is there something in their system to prevent it from happening, or could he succeed in sending it to the AU?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 17, 2017, 09:12:59 PM
If I had said nothing and the rep tried to send it to the AU address, what is stopping the card from being delivered?  Is there something in their system to prevent it from happening, or could he succeed in sending it to the AU?

Correct, it is my understanding that the rep is not choosing where the card is sent, the system automatically sends it to the primary address, and this cannot be overridden (even if you want it to). So the rep may say the words "it'll be sent to the AU's address," but it won't.  This is what I gathered after speaking with a manager there, that it cannot go anywhere BUT the primary address. It's not just like a "choice" the rep has of where to send it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on October 18, 2017, 04:27:17 AM
I added an AU to my Cap One card about a month ago, and still haven't received the card.  Should I be worried?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 18, 2017, 07:57:01 AM
I added an AU to my Cap One card about a month ago, and still haven't received the card.  Should I be worried?

I wouldn't be.  Have you seen any unauthorized charges?

For people worried about the AU getting the card and making a charge: It's literally never happened. In the history of this company. 10+ years now. Never happened with the old company. 5+ years. Thousands and thousands of combined tradeline sales between them, and never once has an AU gotten a card and made unauthorized charges.

I'd bet it's more likely a card is stolen out of a mailbox and (mis)used than an AU gets it.

If you don't see any unauthorized charges ever, and you remove the AU after two months (cancelling the card), and you get paid, I'd shrug and move on. You don't need the card (don't need to activate it or use it, just need to use your card that's on the account so it closes with a balance).  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on October 18, 2017, 07:59:54 AM
I have not seen any unauthorized charges--have been monitoring closely.

Thanks for the reply.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on October 18, 2017, 08:01:52 AM
I just got simultaneous removal requests for 2 AUs on a BoA card, and add requests for 2 new people to the same card. How can I do this without getting flagged by BoA?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 18, 2017, 08:12:05 AM
I just got simultaneous removal requests for 2 AUs on a BoA card, and add requests for 2 new people to the same card. How can I do this without getting flagged by BoA?

1) Call and remove the two AUs.
2) After that's done, hang up and then go online (or call again if you want and get a different rep) and add the two new ones.

Make sure you don't add/remove in the same call. Other than that, you should be fine. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on October 18, 2017, 08:23:53 AM
I added an AU to my Cap One card about a month ago, and still haven't received the card.  Should I be worried?

Are you using a virtual or travelling mailbox service of any kind? They will reject stuff that's in a name you haven't added.
Apparently USPS can also be picky about delivering a different name, depending on how particular your mail carrier is. Some people earlier in the thread reported problems
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 18, 2017, 09:13:52 AM
I added an AU to my Cap One card about a month ago, and still haven't received the card.  Should I be worried?

My last AU was with Cap One and if I'm remembering correctly, there was actually a check box that I had to check that said something like "send a card".  I checked it and got the card.  My understanding was that if I didn't check the box, no card would be sent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 18, 2017, 09:22:26 AM
How long does it take for an AU to show up on your accounts?  I called Citi last night and added an AU right before I posted about it.  I am looking at my citi account right now and it is not listing him as an AU.  I expected a couple hours, and also expected it might not be reflected until the following business day, but it's now the following business day and it's still not there.   I want to verify the name is spelled correctly, and that he is actually added.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 18, 2017, 09:49:21 AM
How long does it take for an AU to show up on your accounts?  I called Citi last night and added an AU right before I posted about it.  I am looking at my citi account right now and it is not listing him as an AU.  I expected a couple hours, and also expected it might not be reflected until the following business day, but it's now the following business day and it's still not there.   I want to verify the name is spelled correctly, and that he is actually added.

My AUs have always shown up immediately, while I'm still on the call. (My card is a Citi.) If you're not seeing yours, I think you should call them back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 18, 2017, 10:53:58 AM
How long does it take for an AU to show up on your accounts?  I called Citi last night and added an AU right before I posted about it.  I am looking at my citi account right now and it is not listing him as an AU.  I expected a couple hours, and also expected it might not be reflected until the following business day, but it's now the following business day and it's still not there.   I want to verify the name is spelled correctly, and that he is actually added.

My AUs have always shown up immediately, while I'm still on the call. (My card is a Citi.) If you're not seeing yours, I think you should call them back.

I initiated an online chat and citi said they don't have a record of that (they have record of me calling, but not adding AU - they are checking into it).  So I called in again and added him.  She wasn't able to add him herself, but said a request was sent to a supervisor with all the info and would be processed within 24 hours. 

Where does the information go after you confirm an order? Under "customer documents" I have his name, bday, and ssn, but the address is not there.  Luckily I googled the address last night out of curiosity and checked it out on various real estate websites, so I just happen to kind of remember the address, enough that googling led me back to the same pictures I saw last night so I know it's the correct address.  How to you get that information if you need it again?  I guess I should just wait until I see it actually show up in my AU list online before I mark it as done.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 18, 2017, 11:02:56 AM
How long does it take for an AU to show up on your accounts?  I called Citi last night and added an AU right before I posted about it.  I am looking at my citi account right now and it is not listing him as an AU.  I expected a couple hours, and also expected it might not be reflected until the following business day, but it's now the following business day and it's still not there.   I want to verify the name is spelled correctly, and that he is actually added.

My AUs have always shown up immediately, while I'm still on the call. (My card is a Citi.) If you're not seeing yours, I think you should call them back.

I initiated an online chat and citi said they don't have a record of that (they have record of me calling, but not adding AU - they are checking into it).  So I called in again and added him.  She wasn't able to add him herself, but said a request was sent to a supervisor with all the info and would be processed within 24 hours. 

Where does the information go after you confirm an order? Under "customer documents" I have his name, bday, and ssn, but the address is not there.  Luckily I googled the address last night out of curiosity and checked it out on various real estate websites, so I just happen to kind of remember the address, enough that googling led me back to the same pictures I saw last night so I know it's the correct address.  How to you get that information if you need it again?  I guess I should just wait until I see it actually show up in my AU list online before I mark it as done.

I just checked in my portal. The only place I'm seeing the AU's address is in the My Tasks tab, under Need to Remove User. (For some reason, all my AUs are showing up there, even though the remove date is well in the future.) Other than that, if you needed the AU's address, I think you're out of luck.

BUT - I don't think you should ever need the AU's address. Whenever I call to add an AU, they never ask for the address, and I don't offer it. It's another way to ensure the AU doesn't get a card. They do ask for SSN, DOB, and correct spelling of the name, and that has always been enough for the tradeline to post to the AU's credit report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 18, 2017, 11:47:02 AM
How long does it take for an AU to show up on your accounts?  I called Citi last night and added an AU right before I posted about it.  I am looking at my citi account right now and it is not listing him as an AU.  I expected a couple hours, and also expected it might not be reflected until the following business day, but it's now the following business day and it's still not there.   I want to verify the name is spelled correctly, and that he is actually added.

My AUs have always shown up immediately, while I'm still on the call. (My card is a Citi.) If you're not seeing yours, I think you should call them back.

I initiated an online chat and citi said they don't have a record of that (they have record of me calling, but not adding AU - they are checking into it).  So I called in again and added him.  She wasn't able to add him herself, but said a request was sent to a supervisor with all the info and would be processed within 24 hours. 

Where does the information go after you confirm an order? Under "customer documents" I have his name, bday, and ssn, but the address is not there.  Luckily I googled the address last night out of curiosity and checked it out on various real estate websites, so I just happen to kind of remember the address, enough that googling led me back to the same pictures I saw last night so I know it's the correct address.  How to you get that information if you need it again?  I guess I should just wait until I see it actually show up in my AU list online before I mark it as done.

I just checked in my portal. The only place I'm seeing the AU's address is in the My Tasks tab, under Need to Remove User. (For some reason, all my AUs are showing up there, even though the remove date is well in the future.) Other than that, if you needed the AU's address, I think you're out of luck.

BUT - I don't think you should ever need the AU's address. Whenever I call to add an AU, they never ask for the address, and I don't offer it. It's another way to ensure the AU doesn't get a card. They do ask for SSN, DOB, and correct spelling of the name, and that has always been enough for the tradeline to post to the AU's credit report.

They asked me for the address last night and today.  I figured it was required since they sent me the info and the rep asked for it last night. Does the address not matter then? Am I fine just saying that they live at my address?  Is it going to be a red flag that I'm claiming all these people are actually at my address or will the cc company not care?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 18, 2017, 11:54:13 AM
How long does it take for an AU to show up on your accounts?  I called Citi last night and added an AU right before I posted about it.  I am looking at my citi account right now and it is not listing him as an AU.  I expected a couple hours, and also expected it might not be reflected until the following business day, but it's now the following business day and it's still not there.   I want to verify the name is spelled correctly, and that he is actually added.

My AUs have always shown up immediately, while I'm still on the call. (My card is a Citi.) If you're not seeing yours, I think you should call them back.

I initiated an online chat and citi said they don't have a record of that (they have record of me calling, but not adding AU - they are checking into it).  So I called in again and added him.  She wasn't able to add him herself, but said a request was sent to a supervisor with all the info and would be processed within 24 hours. 

Where does the information go after you confirm an order? Under "customer documents" I have his name, bday, and ssn, but the address is not there.  Luckily I googled the address last night out of curiosity and checked it out on various real estate websites, so I just happen to kind of remember the address, enough that googling led me back to the same pictures I saw last night so I know it's the correct address.  How to you get that information if you need it again?  I guess I should just wait until I see it actually show up in my AU list online before I mark it as done.

I just checked in my portal. The only place I'm seeing the AU's address is in the My Tasks tab, under Need to Remove User. (For some reason, all my AUs are showing up there, even though the remove date is well in the future.) Other than that, if you needed the AU's address, I think you're out of luck.

BUT - I don't think you should ever need the AU's address. Whenever I call to add an AU, they never ask for the address, and I don't offer it. It's another way to ensure the AU doesn't get a card. They do ask for SSN, DOB, and correct spelling of the name, and that has always been enough for the tradeline to post to the AU's credit report.

They asked me for the address last night and today.  I figured it was required since they sent me the info and the rep asked for it last night. Does the address not matter then? Am I fine just saying that they live at my address?  Is it going to be a red flag that I'm claiming all these people are actually at my address or will the cc company not care?

I do things the same way solon does.  If the CSR asks for an address I just say "Go ahead and use mine" or something casual like that.  The CC companies have not yet cared.  I think it saves them typing as they can probably just check a box and copy my address over.  My mail carrier was confused for a while but has given up caring and just delivers everything.  She probably thinks I have a bunch of Armenian immigrants living with me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on October 18, 2017, 12:35:38 PM
This was a note I got from ARS's old recommendation, that might be relevant:

"Also, we've noticed some AU's added to Citi lines can fall off the account or have an error and the bank actually didn't add the client as an AU. So once you add a client to your Citi, it's good practice to check the next day on your online account to make sure they have been added correctly."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 18, 2017, 01:30:16 PM
How long does it take for an AU to show up on your accounts?  I called Citi last night and added an AU right before I posted about it.  I am looking at my citi account right now and it is not listing him as an AU.  I expected a couple hours, and also expected it might not be reflected until the following business day, but it's now the following business day and it's still not there.   I want to verify the name is spelled correctly, and that he is actually added.

My AUs have always shown up immediately, while I'm still on the call. (My card is a Citi.) If you're not seeing yours, I think you should call them back.

I initiated an online chat and citi said they don't have a record of that (they have record of me calling, but not adding AU - they are checking into it).  So I called in again and added him.  She wasn't able to add him herself, but said a request was sent to a supervisor with all the info and would be processed within 24 hours. 

Where does the information go after you confirm an order? Under "customer documents" I have his name, bday, and ssn, but the address is not there.  Luckily I googled the address last night out of curiosity and checked it out on various real estate websites, so I just happen to kind of remember the address, enough that googling led me back to the same pictures I saw last night so I know it's the correct address.  How to you get that information if you need it again?  I guess I should just wait until I see it actually show up in my AU list online before I mark it as done.

I just checked in my portal. The only place I'm seeing the AU's address is in the My Tasks tab, under Need to Remove User. (For some reason, all my AUs are showing up there, even though the remove date is well in the future.) Other than that, if you needed the AU's address, I think you're out of luck.

BUT - I don't think you should ever need the AU's address. Whenever I call to add an AU, they never ask for the address, and I don't offer it. It's another way to ensure the AU doesn't get a card. They do ask for SSN, DOB, and correct spelling of the name, and that has always been enough for the tradeline to post to the AU's credit report.

They asked me for the address last night and today.  I figured it was required since they sent me the info and the rep asked for it last night. Does the address not matter then? Am I fine just saying that they live at my address?  Is it going to be a red flag that I'm claiming all these people are actually at my address or will the cc company not care?

I do things the same way solon does.  If the CSR asks for an address I just say "Go ahead and use mine" or something casual like that.  The CC companies have not yet cared.  I think it saves them typing as they can probably just check a box and copy my address over.  My mail carrier was confused for a while but has given up caring and just delivers everything.  She probably thinks I have a bunch of Armenian immigrants living with me.

Yeah, now that I think about it, I have been asked for the AU's address on occasion. I just ask them to send it my address, and that satisfies them.

Edit: I don't think it's necessary to say the AU lives at your house. Don't say anything at all about where they live. They could be a business partner, and you'll just hand it to them when you see them next.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 18, 2017, 03:01:14 PM
So how do you go about ensuring everything was added correctly?  I just got notice that an AU was added to my account so I logged in to confirm it.  I see the name is correct, but the address is wrong. The ssn is not displayed. I don't think the address should matter (I corrected it anyway), but how do I know they entered the ssn correctly since I can't confirm it myself?  I had the rep read the ssn back to me to confirm they recorded it correctly (both times I had to call in to add him), but I also had them read the address back to me and that ended up being wrong.  Either they keyed it wrong initially, yet read back the correct version anyway, or they correctly recorded it, but were able to fat finger it after they got off the phone with me.  Not sure how it happened, but it does concern me slightly that they still may have keyed the ssn in wrong despite reading it back to me correctly.  I guess I'll find out once this tradeline is either successful or unsuccessful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 18, 2017, 03:08:59 PM
So how do you go about ensuring everything was added correctly?  I just got notice that an AU was added to my account so I logged in to confirm it.  I see the name is correct, but the address is wrong. The ssn is not displayed. I don't think the address should matter (I corrected it anyway), but how do I know they entered the ssn correctly since I can't confirm it myself?  I had the rep read the ssn back to me to confirm they recorded it correctly (both times I had to call in to add him), but I also had them read the address back to me and that ended up being wrong.  Either they keyed it wrong initially, yet read back the correct version anyway, or they correctly recorded it, but were able to fat finger it after they got off the phone with me.  Not sure how it happened, but it does concern me slightly that they still may have keyed the ssn in wrong despite reading it back to me correctly.  I guess I'll find out once this tradeline is either successful or unsuccessful.

The only way I can confirm the add is to log in to the Citi website and see what they added. You're right, Citi doesn't show you the SSN. I guess we just have to trust them. After the tradeline posts to the AU's credit report, it will show up in new tradeline company's portal as "posted". I've had half a dozen AUs since I started and they have all posted correctly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on October 19, 2017, 09:11:13 AM
My Discover card is still resting, which is fine, and finally got paid for my July add, but it was $150 instead of $200... I know this is practically free money, so I hate to complain, but I wish they would get their payment stuff straight.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 19, 2017, 09:13:51 AM
My Discover card is still resting, which is fine, and finally got paid for my July add, but it was $150 instead of $200... I know this is practically free money, so I hate to complain, but I wish they would get their payment stuff straight.

Very frustrating. I just spoke with the owner about this on the phone yesterday on a layover between flights.

(This payment, if you're seeing it, was obviously before that, as they take a few days to process, typically.)

PM me details, and I will look into it and make sure it's fixed! (This goes for anyone having issues.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tscpartner on October 19, 2017, 12:08:33 PM
As requested I started a separate Q and A thread about my company over here:  https://forum.mrmoneymustache.com/share-your-badassity/tradeline-supply-company-question-and-answer-thread/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on October 19, 2017, 01:12:37 PM
I'd be cautious with this new TSCPartners guy.  looking at the cost of tradelines on their site for clients to buy they are extremely cheap compared to most of the companies I've worked with ... which could mean multiple things.

1. They don't pay as much to vendors - not a big deal if they are filling spots
2. They don't properly vet their AU's we're adding - huge deal as this leads to shutdowns and could get you introuble for fraud
3. They just take a smaller margin which leads to higher volumes on both sides. 

i would bet its number 2.  But number 3 may be a boon for everyone here.  ARS maybe able to weigh in on the true costs to run a TL company since he's working on one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on October 19, 2017, 02:01:28 PM
This has been a profitable niche industry for a while now.  Prices will have to come down eventually, as long as the supply of cards exceeds the demand from AUs looking for a credit bump.

The problem, as ARS has pointed out repeatedly, is in finding the AUs.  You need to advertise in the right places, places where people have money to spend and a need for credit, but no credit history or damaged credit history, like newly arrived foreigners or debt recovery services.

This thread has hundreds of available cards owned by the posters thus far.  We're each foregoing half or more of the income from tradeline sales to pay third parties to find and verify the AUs.  Being a financial forum, we certainly have the organizational skills to run the bookkeeping.  We understand how the business operates, and how to vet buyers.

So the real question on my mind then, is why aren't we doing this ourselves yet?  Why isn't there a mustachians-only tradeline company?  We could drastically reduce prices by not paying the third party profit margins, provide a valued service to buyers, provide some part time work to semi-retired members looking to pick up some extra cash, and all get some sales on our cards currently sitting unsold month after month.

Rebs has already incorporated, but lots of us have existing business licenses we could operate under.  How about we stop fucking around with all of these other companies and get our collective acts together, and do this ourselves?  We start advertising for buyers, we pull our cards from companies that aren't selling them, and we do business with transparently open accounting.  Charge less than the competition, do the verifications the right way, and start keeping the profits for ourselves instead of making all of these owners rich.

What's the flaw in this plan? 

There are literally high school kids making money in this industry right now.  Surely this community of financially savvy professional technocrats can do better, with a little bit of organization and motivation. 

Someone please tell me if I've missed something.  Otherwise, I happen to know about fifty people who are about to have an extra 40 hours per week on their hands in 2018, and I'm betting some of them would be willing to help make this happen.  I would.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 19, 2017, 02:32:34 PM
What's the flaw in this plan? 

FIREd people are not very motivated to trade their limited time for additional money when they already have enough. :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on October 19, 2017, 03:50:50 PM
What's the flaw in this plan? 

FIREd people are not very motivated to trade their limited time for additional money when they already have enough. :-)
As a non-FIREd visitor to this board, I imagine the customer service/vetting side of this would not be a flexible enough side-gig. I'd be happy to make decent money trading 2-10 hours a week (as I choose, not as employer demands, mostly evenings and Saturdays); but I don't see how you'd builld a tradeline business operated primarily by employees that fit this profile.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on October 19, 2017, 04:08:47 PM
A really good software that could connect tradelines with buyers of those tradelines would be the primary way to simplify this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 19, 2017, 04:35:43 PM
I think the flaw is that it just doesn't take many people to run a company like this. (I know because I'm working on building a company of my own.) The amount of work is so little that there wouldn't be enough for everyone to do. As I think about the company, I think lead generation is the biggest problem we would face, and that's where mustachians come in. How about a referral bonus for an army of mustachians?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on October 19, 2017, 06:01:33 PM
I think the flaw is that it just doesn't take many people to run a company like this. (I know because I'm working on building a company of my own.)

A tradeline company?

I think the hardest part of the startup would be spending a week writing a business plan that identifies pricing, target markets, supply chain, tax structure, growth plans, and stuff like that.  I agree that the operational work is limited. Required startup funds are almost negligible.

I would prefer to structure it as an employed owned company, and distribute any residual profits beyond operating costs to the people who do the work of finding and vetting and tracking all of the sales.  Operating costs will require at least a few thousands dollars per year in payroll services and tax prep. 

Limit the initial enrollment to something small like the 25 best cards we can scrape up, say 15 years old and $30k limits.  Take new cards in batches of 10 if we can grow demand by finding buyers.

Do we need startup funds?  Ask the forum who would be willing to pitch in $5k for the promise of $5.5k back in 12 months if the company can turn a profit, or lose it all if we can't.  Motivate everyone involved to help us succeed.

Want more sales on your cards?  Introduce us to a realtor or mortgage broker you know personally who can use the company's services to help their clients.   Help grow the business, and everyone wins.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on October 19, 2017, 06:44:16 PM

So the real question on my mind then, is why aren't we doing this ourselves yet?  Why isn't there a mustachians-only tradeline company?  We could drastically reduce prices by not paying the third party profit margins, provide a valued service to buyers, provide some part time work to semi-retired members looking to pick up some extra cash, and all get some sales on our cards currently sitting unsold month after month.

Rebs has already incorporated, but lots of us have existing business licenses we could operate under.  How about we stop fucking around with all of these other companies and get our collective acts together, and do this ourselves?  We start advertising for buyers, we pull our cards from companies that aren't selling them, and we do business with transparently open accounting.  Charge less than the competition, do the verifications the right way, and start keeping the profits for ourselves instead of making all of these owners rich.

What's the flaw in this plan? 

The plan needs someone to execute it (well, be the primary).  I am not that person.

I can kick in some time to help, but I'm working full time, have a kid, etc. I've also never really run a business.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 19, 2017, 07:52:05 PM
I think the flaw is that it just doesn't take many people to run a company like this. (I know because I'm working on building a company of my own.)

A tradeline company?

I think the hardest part of the startup would be spending a week writing a business plan that identifies pricing, target markets, supply chain, tax structure, growth plans, and stuff like that.  I agree that the operational work is limited. Required startup funds are almost negligible.

I would prefer to structure it as an employed owned company, and distribute any residual profits beyond operating costs to the people who do the work of finding and vetting and tracking all of the sales.  Operating costs will require at least a few thousands dollars per year in payroll services and tax prep. 

Limit the initial enrollment to something small like the 25 best cards we can scrape up, say 15 years old and $30k limits.  Take new cards in batches of 10 if we can grow demand by finding buyers.

Do we need startup funds?  Ask the forum who would be willing to pitch in $5k for the promise of $5.5k back in 12 months if the company can turn a profit, or lose it all if we can't.  Motivate everyone involved to help us succeed.

Want more sales on your cards?  Introduce us to a realtor or mortgage broker you know personally who can use the company's services to help their clients.   Help grow the business, and everyone wins.

I think we're on the same page here. I agree there is a fair bit of work to do to start up the company. (Although, you admitted you could write the business plan yourself in one week; and rebs stood up an entire company in a month.)

But the biggest long term risk to the survival of the company is finding new AUs to sell to. Without customers, there is no company. But you have provided some great ideas.

BTW, how do you think and write so clearly? I wish I was half as good at wordsmithing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sobezen on October 19, 2017, 08:59:46 PM
Question to all:  How long did it take for you to get the physical card for the AU mailed to you?  Added an AU over two weeks ago but still haven't received the card.  Should this be reason for alarm?  Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 19, 2017, 09:02:46 PM
Question to all:  How long did it take for you to get the physical card for the AU mailed to you?  Added an AU over two weeks ago but still haven't received the card.  Should this be reason for alarm?  Thanks!

This is no cause for alarm. You really don't need the AU's card. You're not going to activate it, and you're not going to purchase anything with it. The only reason I have them send the card at all is so that it doesn't raise suspicions. (Why is this guy adding an AU, but doesn't want the AU to have a card?)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on October 20, 2017, 06:38:08 AM
Question to all:  How long did it take for you to get the physical card for the AU mailed to you?  Added an AU over two weeks ago but still haven't received the card.  Should this be reason for alarm?  Thanks!
Additionally, some banks apparently don't send one unless you ask for it (or tick the checkbox).

However, some banks (e.g., WealthyAccountant mentioned Chase) apparently do use a different number on the extra cards so you should manufacture some spending on those if that is the case. I'd assume they would always send the card if it has a separate number, but who knows.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on October 20, 2017, 08:03:37 AM
I think Arebelspy looked into this. I think there is a risk that I have not seen discussed which is the AU sellers actually sign up to steal the identity of your AU buyers. If this happens once you are dead and likely getting sued.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on October 20, 2017, 09:35:34 AM
I think Arebelspy looked into this. I think there is a risk that I have not seen discussed which is the AU sellers actually sign up to steal the identity of your AU buyers. If this happens once you are dead and likely getting sued.
I see the risk. But it seems like a bad bet for an identity thief to sign up as an AU seller for the purpose of stealing the identity of an AU buyer who likely has a low credit score.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on October 20, 2017, 10:15:43 AM
Anyone else having a rough time adding AUs to Citi?
A few days ago I had to make several calls into Citi to get an AU added because they were not showing up when I checked my account online.
And last night I wasted 30 minutes on the phone trying to add an AU, transferred from rep to rep and they told me they kept getting errors. I finally gave up, but will try again later.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on October 20, 2017, 10:19:24 AM
Anyone else having a rough time adding AUs to Citi?
A few days ago I had to make several calls into Citi to get an AU added because they were not showing up when I checked my account online.
And last night I wasted 30 minutes on the phone trying to add an AU, transferred from rep to rep and they told me they kept getting errors. I finally gave up, but will try again later.

No issues when I did a week or two ago, but Citi IT and customer service are notoriously problematic.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on October 20, 2017, 10:25:51 AM
Anyone else having a rough time adding AUs to Citi?
A few days ago I had to make several calls into Citi to get an AU added because they were not showing up when I checked my account online.
And last night I wasted 30 minutes on the phone trying to add an AU, transferred from rep to rep and they told me they kept getting errors. I finally gave up, but will try again later.

Yes I had a problem doing it with them last Sunday night - few days ago.  I got the typical CSR person at first, then they transferred me to fraud or something and they made me confirm a text that they sent to my cell phone. The person then confirmed he added the A.U. but then I didn't see the add on the Citi website for my credit card.
So then I added the person using the online form. That worked immediately. I called today to confirm that the Soc. Sec. number was associated with the Authorized User, and the CSR agent said it was.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on October 20, 2017, 10:33:20 AM
Thanks for the feedback. I’ll try online and then calling in later to add the soc. But really, I. About ready to pull my Citi cards. Not worth the hassle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on October 20, 2017, 11:01:03 AM
I think Arebelspy looked into this. I think there is a risk that I have not seen discussed which is the AU sellers actually sign up to steal the identity of your AU buyers. If this happens once you are dead and likely getting sued.
I think the risks of getting caught would be too high for a tradeline seller to be directly invoved in identity theft. The tradeline provider could potentially sell AU information on the black market to indirectly be involved in identity theft. If done carefully (secure communication and record keeping, plausible explaination for receipt of funds) they probably could prevent their link to the crime from being discovered.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 20, 2017, 12:55:43 PM
Payment update: They are paying out at the same time as the old company, end of the month following the closing (so typically 4-8 weeks, depending on when the statement closed.  E.g. a closing in August will pay at the end of September). The original posts have been updated to reflect this.


(If you have not been paid for an August add, please let me know.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on October 22, 2017, 01:52:45 PM
Anyone else having a rough time adding AUs to Citi?
A few days ago I had to make several calls into Citi to get an AU added because they were not showing up when I checked my account online.
And last night I wasted 30 minutes on the phone trying to add an AU, transferred from rep to rep and they told me they kept getting errors. I finally gave up, but will try again later.
Yes, I added 2, which did not show up.
then I called and spent a really long time with the rep, spelling names etc.
they said, they'd show the next day
NExt day: nothing

So I called again...checked back...one of the two ended up showing, the other not
I waited another day, called again about the second one, was assured it would be added
Could not check for a couple of days, due to lack of internet.

When I checked again: Nothing

In the portal it says only one posted, so I missed out on the second one.
The process with citi is cumbersome at best. This was my first time adding with CITI, as I just added that card a few months ago and only got a sale last month.


Also, got a new add for Barclay on Friday, which I added.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cdc0515 on October 23, 2017, 10:03:41 AM
what trade  line companies do you guys use?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on October 23, 2017, 10:10:53 AM
what trade  line companies do you guys use?

You should PM arebelspy if you're interested. Although seeing as you only have 3 posts to your name, he may not be ready to offer up a recommendation to you until you've proven yourself a little more.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JMoney777 on October 30, 2017, 09:42:57 PM
Thanks for the great writeup!  I'm definitely going to be giving this a try.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 31, 2017, 03:15:44 PM
I just got declined when I asked for a credit limit increase on my Capital One card. The reason given was too many recent inquiries. Does anyone know CapOne's rules? How many inquiries are allowed, and how long ago?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 31, 2017, 03:52:19 PM
Has anyone ever bought a tradeline?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on October 31, 2017, 09:02:51 PM
Has anyone ever bought a tradeline?

Yes. I just doubt anyone on here...  ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: 59ona64 on November 01, 2017, 12:41:18 PM
Solon brings up a good point--people have talked about getting into the TL business here. It wouldn't hurt for them to become a customer at the major tradeline companies with whom they'll compete to learn their process, their sales funnel, screening, timeline, etc.

I'm interested in selling my TLs, and the whole time I was reading both sets of posts I was thinking there's a business opportunity here. I don't have experience in this type of business, and it seems marketing is the big need and I have a few ideas on where to find clients. I don't, however, have any background in this type of business.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 02, 2017, 12:59:28 PM
Company sent an email update. Most relevant items to most people, IMO is what cards they're currently pausing/activating:

Quote
8.  At this time we are not selling USAA, Chase, or Elan.  We are not selling these cards because we strongly believe that these banks are conducting internal audits relating to authorized user accounts.  We feel the risk is too high for card closures.   This will change in the future when we know the risk has decreased. We will keep you posted.

9.  We are selling B of A cards once again.  However, this is still one of the highest risk cards for card closure.  If you wish to have your B of A reactivated please let me know.

10. We believe the audit has ended for Discover and we can begin selling it again.  If you would like to keep your Discover card on "resting" status please let me know.  As a reminder Discover usually requires a copy of ID and SS card, these can be found in the portal in the customer profile.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on November 02, 2017, 02:59:32 PM
My first sale was added towards the end of August and the card closed in September. I should have been paid at the end of October, correct?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 02, 2017, 04:01:33 PM
My first sale was added towards the end of August and the card closed in September. I should have been paid at the end of October, correct?

The email ARS referenced above implies you should see a direct deposit by 11/10.

(My experience has been that they are slow to pay but they always do pay and pay accurately.  Since this is bonus money anyway I hope nobody here is relying on the timely payments to, say, make rent.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on November 02, 2017, 07:05:01 PM
Oo

The email ARS referenced above implies you should see a direct deposit by 11/10.


Ah, I misread when direct deposit should hit your account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on November 02, 2017, 10:46:37 PM
I have 2 cards with the new company now. Both 2 years old. 1 has an 11k limit. The other has a 15k limit. I think the second card is in a more expensive price tier. I have never sold anything on the second card, but the first one sells pretty decently. Should I lower the limit on the second one with the company so it falls into the cheaper tier?

Secondly, just got approved for a card with a 24k limit but its brand new. How soon could i reasonably list it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on November 03, 2017, 01:27:44 PM
I have 2 cards with the new company now. Both 2 years old. 1 has an 11k limit. The other has a 15k limit. I think the second card is in a more expensive price tier. I have never sold anything on the second card, but the first one sells pretty decently. Should I lower the limit on the second one with the company so it falls into the cheaper tier?

Secondly, just got approved for a card with a 24k limit but its brand new. How soon could i reasonably list it?

Usually these cards are supposed to age for at least 3 years. So I'm impressed the new company has sold tradelines for your card that is 2 years old with only an 11k limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on November 03, 2017, 08:13:09 PM
I have 2 cards with the new company now. Both 2 years old. 1 has an 11k limit. The other has a 15k limit. I think the second card is in a more expensive price tier. I have never sold anything on the second card, but the first one sells pretty decently. Should I lower the limit on the second one with the company so it falls into the cheaper tier?

Secondly, just got approved for a card with a 24k limit but its brand new. How soon could i reasonably list it?

Usually these cards are supposed to age for at least 3 years. So I'm impressed the new company has sold tradelines for your card that is 2 years old with only an 11k limit.

Elsewhere in the chat, 2 years is cited frequently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on November 03, 2017, 08:22:24 PM
The payout chart has categories for 12-24mos, 2-7 yrs and 8+ yrs so apparently even just 12 mos old COULD work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 03, 2017, 08:33:15 PM
They aren't taking 12 mo old cards right now unless they have a very high limit, but there are people selling spots on cards &lt; 2 yrs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 03, 2017, 09:59:47 PM
I have a Capital One card that says "business" on it but appears to be reporting on my personal credit report.  Can it be used for piggybacking?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on November 04, 2017, 03:46:57 PM
They aren't taking 12 mo old cards right now unless they have a very high limit, but there are people selling spots on cards &lt; 2 yrs.

What is the definition of a very high limit?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on November 04, 2017, 04:00:36 PM
They aren't taking 12 mo old cards right now unless they have a very high limit, but there are people selling spots on cards &lt; 2 yrs.

What is the definition of a very high limit?

I'd guess over $30k.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 04, 2017, 05:11:12 PM
I have a Capital One card that says "business" on it but appears to be reporting on my personal credit report.  Can it be used for piggybacking?

Anyone?  Bueller?

If nobody knows I can just ask the company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 04, 2017, 06:13:26 PM
My understanding is that it will not work, that they show up because you are also personally liable, but it will not show up for AUs.

Be interesting to test it. Add one of your kids, then check their report free with credit karma or something in a month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HangarBay44 on November 05, 2017, 10:23:00 AM
Hello everyone, happy to be part of the forum!

I am quite interested in selling tradelines, however I dont have very old lines of credit. Im looking into opening a few new cards and using them lightly for a couple years to let them season and get their limits increased, so that I may then sell those credit lines in the future.

Does anyone have any recommendations for which banks / cards would be better to do this with?

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 05, 2017, 10:31:55 AM
Barclay is the best, IMO.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on November 05, 2017, 10:34:51 AM
Does anyone have any recommendations for which banks / cards would be better to do this with?

Right now Discover, Bank of America, Barclays, Citi, and US Bank cards are working.  But a lot can change in two years, there are constant changes when certain companies do an audit to watch for activity like this, resulting in the tradeline companies pausing the use of those cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HangarBay44 on November 05, 2017, 11:02:04 AM
Barclay is the best, IMO.

Thanks for the suggestion!

Does anyone have any recommendations for which banks / cards would be better to do this with?

Right now Discover, Bank of America, Barclays, Citi, and US Bank cards are working.  But a lot can change in two years, there are constant changes when certain companies do an audit to watch for activity like this, resulting in the tradeline companies pausing the use of those cards.

Good point, two years is a long time. I am leaning towards Barclays and Discover now, both adding and removing AUs online is very important to me.  For now Ill look into those cards and then be hopeful they are available to sell when the time comes!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on November 12, 2017, 02:13:56 PM
I had a few add on my citicard now that it is over two years old. I was able to add on line but not remove online. Does anyone have experice with this? I hate to call because I give them opportunity to ask questions and I am not too cool under pressure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on November 12, 2017, 03:53:01 PM
...but not remove online. Does anyone have experice with this? I hate to call because I give them opportunity to ask questions and I am not too cool under pressure.

You can send a secure message. I don’t think you can remove AUs online on the Citi website. Secure message has worked like a charm for me. Just confirm they removed the correct AU once you get confirmation of the removal (I haven’t had a problem, but it is Citi after all...).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on November 12, 2017, 04:12:38 PM
That's really odd. I have the opposite experience. I have to call to add, but I can remove online.

At first it appears you can add online, but there is no place to enter the SSN. The SSN is crucial, so even if you do add online, you still have to call to add the SSN. I find it's easier just to do the whole add over the phone. As for pressure, I've never felt any. They ask for all the details of the AU, but they never ask anything I don't have the answer to.

Removing is dead simple. Just click the Remove button next to the name. That's it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 12, 2017, 05:04:53 PM
Try a different browser.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: 59ona64 on November 12, 2017, 06:28:10 PM
What company/broker is currently recommended? Or are people advertising on CL, or elsewhere?
If you're finding the AUs on your own, what is a reasonable charge on a 15 year old TL with a $19,200 limit (just off the top of my head...) aside from "whatever it's worth to you."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on November 13, 2017, 09:17:24 PM
Has anyone added a user to the wrong card before? How big of an error is that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cashstore2022 on November 14, 2017, 02:20:04 PM
Does anyone know if adding authorized users for tradeline purposes affects my ability to do Chase credit card approvals, under their 5/24 approval/denial policy?  I'm very interested in doing another round of Chase Sapphire cards, so I don't want to jeopardize that... yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ketchup on November 14, 2017, 02:26:37 PM
Does anyone know if adding authorized users for tradeline purposes affects my ability to do Chase credit card approvals, under their 5/24 approval/denial policy?  I'm very interested in doing another round of Chase Sapphire cards, so I don't want to jeopardize that... yet.
It would affect the client's 5/24 status potentially (if you add them to a <24mo old account), but it wouldn't affect yours in any way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 14, 2017, 02:47:41 PM
Does anyone know if adding authorized users for tradeline purposes affects my ability to do Chase credit card approvals, under their 5/24 approval/denial policy?  I'm very interested in doing another round of Chase Sapphire cards, so I don't want to jeopardize that... yet.
Adding an AU does nothing to your credit report. Doesn't show up or affect it in any way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Captain Mustache on November 14, 2017, 04:28:13 PM
+1 for supporting someone from the community to create one.

I'd be willing to assist with the web development and SEO pro bono.

Also, my good friend owns a real estate company and could definitely shuttle some leads as that seems to be the main stopping point.

Although it's obviously much easier said than done. Like many people here I have a personal business for my side hustles and what not but the management, accounting, etc would be all out of my area of expertise.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on November 14, 2017, 04:52:49 PM
Does anyone know if adding authorized users for tradeline purposes affects my ability to do Chase credit card approvals, under their 5/24 approval/denial policy?  I'm very interested in doing another round of Chase Sapphire cards, so I don't want to jeopardize that... yet.

A round?  I read that Chase will no longer approve a new Sapphire card if you already have one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on November 15, 2017, 05:44:19 PM
Has anyone else had to continuously prod the finance guy from the new tradeline company to get paid??? This is the second time out of the last two times that I've had to contact him about payment! I even waited well past the timeline laid out in their email. The first time I was fed the line that their accountant was on vacation over Labor Day weekend (still waited 5 days to get paid), this time I was told it was sent today and should post on Thursday. I can only wonder if it would have posted "today" had I not said something. I realize this is basically free money - I get it. But I really don't think I should have to constantly prod and poke to get paid! Anyone else have similar experiences?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 15, 2017, 05:48:40 PM
Anyone else have similar experiences?

Yes. =/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on November 16, 2017, 06:11:43 AM
^^well, it's now Thursday and I haven't yet been paid for September adds.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on November 16, 2017, 10:09:38 AM
I eagerly signed up at the beginning of 2017, but I was only getting sales on an old but low credit limit card. Since they gave users the opportunity to cut prices on better cards, I have not received a sale. It’s been over six months. In all honesty, I’m thinking about closing my account as it seems to be a waste of time. Oh well the whopping $225 I earned was nice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on November 16, 2017, 12:08:19 PM
Was told the money should be in my account today... still nothing. I have not received an add for an AU since the first time I pointed out I wasn't paid back in September. Prior to that I was getting several AUs at least every other month. Coincidence? Possibly... doesn't feel like it though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on November 16, 2017, 01:21:15 PM
I eagerly signed up at the beginning of 2017, but I was only getting sales on an old but low credit limit card. Since they gave users the opportunity to cut prices on better cards, I have not received a sale. It’s been over six months. In all honesty, I’m thinking about closing my account as it seems to be a waste of time. Oh well the whopping $225 I earned was nice.

Can you explain what you mean by the bolded bit?  Did I miss something?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Captain Mustache on November 16, 2017, 04:45:42 PM
I eagerly signed up at the beginning of 2017, but I was only getting sales on an old but low credit limit card. Since they gave users the opportunity to cut prices on better cards, I have not received a sale. It’s been over six months. In all honesty, I’m thinking about closing my account as it seems to be a waste of time. Oh well the whopping $225 I earned was nice.

Can you explain what you mean by the bolded bit?  Did I miss something?

Basically, you can take a card that would be a better value to a potential AU (older, higher limit) and set it to a lower tier (cost them less, get paid less).

You could get potentially get more adds, but I'd consider it bad karma for the community as it's lowering the worth for everyone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: el_ingeniero on November 16, 2017, 06:54:00 PM
I do a fair amount of manufactured spend churning Visa Gift Cards either through online portals or for fuel rewards, mostly on my 2% cards with no annual fee.

It's worth about $600/month for 8 Walmart trips every month across a couple of credit cards.

As long as I pay off balances before the payment cycles close would I be OK, or should I get new credit cards to churn gift cards on?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on November 16, 2017, 07:29:55 PM
Holy crap - you're buying $30k worth of gift cards each month???
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on November 16, 2017, 08:19:27 PM
Holy crap - you're buying $30k worth of gift cards each month???

yeah, wut?  TEACH ME
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on November 16, 2017, 08:35:54 PM
I do a fair amount of manufactured spend churning Visa Gift Cards either through online portals or for fuel rewards, mostly on my 2% cards with no annual fee.

It's worth about $600/month for 8 Walmart trips every month across a couple of credit cards.

As long as I pay off balances before the payment cycles close would I be OK, or should I get new credit cards to churn gift cards on?

You have to know that you'll get shut down eventually. It's not a sustainable practice. Read flyertalk.


Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on November 17, 2017, 05:50:19 AM
^^well, it's now Thursday and I haven't yet been paid for September adds.

September payout just showed up in my account (pending) this morning.

ACH can be slow because it is a "batch" process with a middleman between the banks. The sender cannot accurately predict when the ACH will show up in the recipient's account, nor when the recipient bank will clear it.

https://www.avidxchange.com/ach-vs-wire/

I recently began using Zelle when a friend needed to send me money. It's really easy, and really fast. Typically the payment shows up within seconds on my end (pending, but usable/added to the account balance) and fully clears no later than the next day.

You activate Zelle with your bank and give them an email address or phone number for Zelle. The sender does NOT need your account numbers or routing, they just need the email or phone you gave your bank - and at least with my bank, I used a different email address for Zelle, so the payer doesn't even need to know the email your bank uses to send you alerts/account resets/etc. This also allows you to quickly send money between your own accounts - you just give a different Zelle email to each bank.

Some formerly proprietary quick payment methods (ie ChasePay) are really Zelle now. A large chunk of major and minor banks support it: BoA, Chase, Ally, Citi, Capital One, USAA, US Bank, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on November 17, 2017, 08:40:31 AM
I do a fair amount of manufactured spend churning Visa Gift Cards either through online portals or for fuel rewards, mostly on my 2% cards with no annual fee.

It's worth about $600/month for 8 Walmart trips every month across a couple of credit cards.

As long as I pay off balances before the payment cycles close would I be OK, or should I get new credit cards to churn gift cards on?
For tradeline sales, the balance on the closing date is the important thing. It should be small, but enough above zero to post to the credit report. I don't think a manufactured spending charge that got paid off before the statement closes would be a problem. I'm surprised that you have a manufactured spending system that is worthwhile for anything other than sign up bonus spending thresholds. The pattern others here have talked about here is is 1) open cards with big bonuses, 2) manufacture spending if needed to get the bonus, 3) convert to no fee product before paying annual fee if applicable, 4) offer for tradeline sales if possible after the card ages.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spartans on November 17, 2017, 09:50:11 AM
Holy crap - you're buying $30k worth of gift cards each month???

yeah, wut?  TEACH ME

reddit.com/r/churning/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spartans on November 17, 2017, 09:53:08 AM
I do a fair amount of manufactured spend churning Visa Gift Cards either through online portals or for fuel rewards, mostly on my 2% cards with no annual fee.

It's worth about $600/month for 8 Walmart trips every month across a couple of credit cards.

As long as I pay off balances before the payment cycles close would I be OK, or should I get new credit cards to churn gift cards on?

You have to know that you'll get shut down eventually. It's not a sustainable practice. Read flyertalk.

Folks have been doing it for years so it has been sustainable. But yeah starting now is late in the game, wells are starting to all dry up.  Post office just announced no more gift cards for money orders so Walmart or other grocery stores are the go to.  YMMV with WMT though.

Or are you saying that selling tradelines is not sustainable?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on November 17, 2017, 11:01:12 AM
I do a fair amount of manufactured spend churning Visa Gift Cards either through online portals or for fuel rewards, mostly on my 2% cards with no annual fee.

It's worth about $600/month for 8 Walmart trips every month across a couple of credit cards.

As long as I pay off balances before the payment cycles close would I be OK, or should I get new credit cards to churn gift cards on?

You have to know that you'll get shut down eventually. It's not a sustainable practice. Read flyertalk.

Folks have been doing it for years so it has been sustainable. But yeah starting now is late in the game, wells are starting to all dry up.  Post office just announced no more gift cards for money orders so Walmart or other grocery stores are the go to.  YMMV with WMT though.

Or are you saying that selling tradelines is not sustainable?

IMO, selling tradelines is more likely to be sustainable than mega levels of manufactured spending on lucrative cards. If you're running a 2% card, you'll probably be fine, but your margins are going to be low with the activation fees and what not that it wouldn't be worth it for most people. If you're doing a 5% card, like the old vanilla visa's at a grocery store or drug store, or the old chase freedom where you got 10 points (10 cents) per transaction, adn you ran a script for a ton of micro-transactions, the bank canceled your card after a month or 2 it.

You used to be able to buy coins from the US Mint and then deposit the coins in your bank account. Those were the days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 17, 2017, 12:42:13 PM
You used to be able to buy coins from the US Mint and then deposit the coins in your bank account. Those were the days.

And Redbird......and buying US Savings bonds with a credit card and no fee at $30k per person with a 6 month cashing in window (I got into that bigly).

There are still MS options out there.....and opportunities that purists would argue are not MS because, after all, I did pay 38 cents for that 20 gallon gas fill up.  :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on November 17, 2017, 04:28:35 PM
You used to be able to buy coins from the US Mint and then deposit the coins in your bank account. Those were the days.

It pays to have your finger on the pulse. Used to be "easy" and lucrative to MS, now it appears to be the Golden Age Of Bank Account Bonuses (https://www.doctorofcredit.com/golden-age-bank-account-bonuses-dont-miss/)

Or perhaps it was. We were in for several thousand for the year in bank account bonuses (or like 20% of our retirement spending or something) and then all of a sudden we both started getting declined

Easy come, easy go
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on November 17, 2017, 04:43:07 PM
You used to be able to buy coins from the US Mint and then deposit the coins in your bank account. Those were the days.

It pays to have your finger on the pulse. Used to be "easy" and lucrative to MS, now it appears to be the Golden Age Of Bank Account Bonuses (https://www.doctorofcredit.com/golden-age-bank-account-bonuses-dont-miss/)

Or perhaps it was. We were in for several thousand for the year in bank account bonuses (or like 20% of our retirement spending or something) and then all of a sudden we both started getting declined

Easy come, easy go

Nice. It probably helps to have 2 people in your household since you can double up on all the offers.

Off topic,, but how'd you get paid to offer an opinion on fried chicken?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 17, 2017, 07:08:13 PM
^^well, it's now Thursday and I haven't yet been paid for September adds.

September payout just showed up in my account (pending) this morning.

ACH can be slow because it is a "batch" process with a middleman between the banks. The sender cannot accurately predict when the ACH will show up in the recipient's account, nor when the recipient bank will clear it.

https://www.avidxchange.com/ach-vs-wire/

I recently began using Zelle when a friend needed to send me money. It's really easy, and really fast. Typically the payment shows up within seconds on my end (pending, but usable/added to the account balance) and fully clears no later than the next day.

You activate Zelle with your bank and give them an email address or phone number for Zelle. The sender does NOT need your account numbers or routing, they just need the email or phone you gave your bank - and at least with my bank, I used a different email address for Zelle, so the payer doesn't even need to know the email your bank uses to send you alerts/account resets/etc. This also allows you to quickly send money between your own accounts - you just give a different Zelle email to each bank.

Some formerly proprietary quick payment methods (ie ChasePay) are really Zelle now. A large chunk of major and minor banks support it: BoA, Chase, Ally, Citi, Capital One, USAA, US Bank, etc.

+1. I've switched some of my tenants to using Zelle. It's pretty nice.

I do a fair amount of manufactured spend churning Visa Gift Cards either through online portals or for fuel rewards, mostly on my 2% cards with no annual fee.

It's worth about $600/month for 8 Walmart trips every month across a couple of credit cards.

As long as I pay off balances before the payment cycles close would I be OK, or should I get new credit cards to churn gift cards on?

Totally.

You need to have utilization under 10%, but you can basically pay off all of the amount due except for like $3so then the statement closes with a $3 balance and reports., then pay that off (before it earns any interest).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on November 17, 2017, 07:18:41 PM
Quote
but you can basically pay off all of the amount due except for like $3so then the statement closes with a $3 balance and reports

Make sure it's not a card that gives a credit for small balances, I'd have it closer to $10 for that reason.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 17, 2017, 07:23:38 PM
Quote
but you can basically pay off all of the amount due except for like $3so then the statement closes with a $3 balance and reports

Make sure it's not a card that gives a credit for small balances, I'd have it closer to $10 for that reason.

I haven't seen any credit that high, but sure, any small amount above what they might credit, basically. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on November 17, 2017, 07:35:38 PM
Off topic,, but how'd you get paid to offer an opinion on fried chicken?

It was through an online survey/market research company: Respondent (https://app.respondent.io/r/sajendranithiananthan-84c7e45882bb)
They are pretty thorough about the screening, you have to link your LinkedIn etc so they verify your title, but the surveys are pretty targeted and lucrative so it makes sense.

I haven't seen anything that involves eating food in a while unfortunately.
We were getting quite a bit of money from them for offering our opinion for a while, and recently nothing (though I haven't been checking the site), either as unemployed people we aren't that attractive anymore, or they have a lot more people offering their opinion on the site

Easy come, easy go
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: el_ingeniero on November 17, 2017, 07:59:02 PM
Holy crap - you're buying $30k worth of gift cards each month???
Considerably less.  The credit card is not the only source of rewards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: el_ingeniero on November 17, 2017, 08:04:38 PM
I do a fair amount of manufactured spend churning Visa Gift Cards either through online portals or for fuel rewards, mostly on my 2% cards with no annual fee.

It's worth about $600/month for 8 Walmart trips every month across a couple of credit cards.

As long as I pay off balances before the payment cycles close would I be OK, or should I get new credit cards to churn gift cards on?

You have to know that you'll get shut down eventually. It's not a sustainable practice. Read flyertalk.
No arbitrage is sustainable in the long term.  It gets harder and harder, and then the bubble pops.

I'm down to one Wally within the range where it's worth my time to do this.  When that goes, on to the next thing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: el_ingeniero on November 17, 2017, 08:10:21 PM
Holy crap - you're buying $30k worth of gift cards each month???

yeah, wut?  TEACH ME

reddit.com/r/churning/
And then there's Flyertalk.  But truth be told the real action is now in small groups, either Facebook or Slack.  I think I prefer it that way.  A lot of manufactured spend depends on the locale.

Part of the problem with arbitrage is that if everyone knows the deal then things get too efficient and the profit opportunities dry up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on November 17, 2017, 08:43:08 PM
Part of the problem with arbitrage is that if everyone knows the deal then things get too efficient and the profit opportunities dry up.

We call that "the free market" and it's the crowning achievement of modern capitalism.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on November 17, 2017, 11:29:29 PM
You used to be able to buy coins from the US Mint and then deposit the coins in your bank account. Those were the days.

It pays to have your finger on the pulse. Used to be "easy" and lucrative to MS, now it appears to be the Golden Age Of Bank Account Bonuses (https://www.doctorofcredit.com/golden-age-bank-account-bonuses-dont-miss/)

Or perhaps it was. We were in for several thousand for the year in bank account bonuses (or like 20% of our retirement spending or something) and then all of a sudden we both started getting declined

Easy come, easy go


I never really got bank bonuses.  Sure you get $200, but you tie up 20k for six months.  That’s a 2% return
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LovinPSDs on November 18, 2017, 04:50:06 AM




You need to have utilization under 10%, but you can basically pay off all of the amount due except for like $3so then the statement closes with a $3 balance and reports., then pay that off (before it earns any interest).
[/quote]

Is the 10% rule have some post date requirement?  I have a very mature card (7+yrs) with a 25K limit but have been using it for a decent portion of my life.  I would imagine there are plenty of months where I exceeded the 10%, especially back before it was higher limit.

Thanks! Kinda coming in late here as well, but very intrigued in Tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 18, 2017, 06:29:14 AM
Quote
You need to have utilization under 10%, but you can basically pay off all of the amount due except for like $3so then the statement closes with a $3 balance and reports., then pay that off (before it earns any interest).

Is the 10% rule have some post date requirement?  I have a very mature card (7+yrs) with a 25K limit but have been using it for a decent portion of my life.  I would imagine there are plenty of months where I exceeded the 10%, especially back before it was higher limit.

Thanks! Kinda coming in late here as well, but very intrigued in Tradelines.

Just on the months you have an AU on it. The past doesn't matter (except for all on time payments). There's no history of utilization stored on a credit report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: el_ingeniero on November 18, 2017, 06:44:27 AM
Part of the problem with arbitrage is that if everyone knows the deal then things get too efficient and the profit opportunities dry up.

We call that "the free market" and it's the crowning achievement of modern capitalism.
Yep.

Modern Capitalism decided to make it possible for me to acquire 350K AA miles without paying a dime out of my own pocket, and to use 260K of them to acquire $66,000 worth of business and first class plane tickets to vacation in SE Asia with my wife. And me with a 650 FICO score at the time.

In a nutshell, that was my introduction to the credit card game.  I know people who went through 10 or 12 of those signup offers as a couple.

Then Modern Capitalism woke up one day and decided to take that away from people who were late to the game.

I personally think it had way more to do with AA financing their impending merger with US Airways by selling a few bajillion miles to Citi. And Citi disposing of those miles any way it could, probably at a loss. Then Citi got tired of losing money on signup offers, so they stopped offering cards to anyone with a warm body. And AA got tired of carrying that few bajillion miles as a liability and devalued their loyalty program, and for a while made it impossible to redeem those miles for flights at more than 1/10th of a cent of airfare on the mile.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kingxiaodi on November 18, 2017, 06:52:51 AM
You used to be able to buy coins from the US Mint and then deposit the coins in your bank account. Those were the days.

It pays to have your finger on the pulse. Used to be "easy" and lucrative to MS, now it appears to be the Golden Age Of Bank Account Bonuses (https://www.doctorofcredit.com/golden-age-bank-account-bonuses-dont-miss/)

Or perhaps it was. We were in for several thousand for the year in bank account bonuses (or like 20% of our retirement spending or something) and then all of a sudden we both started getting declined

Easy come, easy go


I never really got bank bonuses.  Sure you get $200, but you tie up 20k for six months.  That’s a 2% return

There are plenty that require a direct deposit or a bill pay rather than a high balance. I have about $15k set aside to use for bank bonuses, and I've made ~$2k in bonuses this year. The two major issues with it are a lack of scalability (i.e. if I had a partner, I could have used $30k to get a $4k return, but no more) and a limited number of options (the last bonus I completed was in August). The site linked above (Golden Age Of Bank Account Bonuses (https://www.doctorofcredit.com/golden-age-bank-account-bonuses-dont-miss/)) was really helpful to me if you want to learn more. I won't derail this thread any further.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: newworld on November 18, 2017, 07:23:22 AM
I am interested in starting this and seeing how well I can do with it.

What would expectations be as far as time spent and income (roughly) for credit lines like this:

Citi - $9,600 CL - 6yr 3mo
Capitalone - $10,500 CL - 4yr 11mo
Capitalone - $31,500 CL - 4yr 10mo
Capitalone - $10,000 CL - 4yr 9mo
Wells Fargo - $8,000 CL - 4yr 2mo
Barclay - $16,000 CL - 1yr 4mo
Chase - $22,000 CL - 1yr 4mo
Chase - $10,000 CL - 1yr 4mo
Chase - $10,000 CL - 10mo

All have perfect history, no late payments, etc.

Any information is greatly appreciated!

~NW
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on November 18, 2017, 08:02:01 AM
You used to be able to buy coins from the US Mint and then deposit the coins in your bank account. Those were the days.

It pays to have your finger on the pulse. Used to be "easy" and lucrative to MS, now it appears to be the Golden Age Of Bank Account Bonuses (https://www.doctorofcredit.com/golden-age-bank-account-bonuses-dont-miss/)

Or perhaps it was. We were in for several thousand for the year in bank account bonuses (or like 20% of our retirement spending or something) and then all of a sudden we both started getting declined

Easy come, easy go


I never really got bank bonuses.  Sure you get $200, but you tie up 20k for six months.  That’s a 2% return

There are plenty that require a direct deposit or a bill pay rather than a high balance. I have about $15k set aside to use for bank bonuses, and I've made ~$2k in bonuses this year. The two major issues with it are a lack of scalability (i.e. if I had a partner, I could have used $30k to get a $4k return, but no more) and a limited number of options (the last bonus I completed was in August). The site linked above (Golden Age Of Bank Account Bonuses (https://www.doctorofcredit.com/golden-age-bank-account-bonuses-dont-miss/)) was really helpful to me if you want to learn more. I won't derail this thread any further.

I agree with kingxiaodi that you have to check each offer to see if it makes sense and that I shouldn't derail this thread further.
dragoncar if you are interested, there is a thread with more details here, and I posted a response with specific exampe to you there: Bank account churning: how to make $1600 in a year by being organized (https://forum.mrmoneymustache.com/share-your-badassity/bank-account-churning-how-to-make-$1600-in-a-year-by-being-organized/msg1777214/#msg1777214)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 18, 2017, 08:09:37 AM
What would expectations be as far as time spent and income (roughly) for credit lines like this:
...

I'd really rather not answer questions like this in general, cause they're 1) Unknowable, and 2) I don't want people posting their list of cards all the time, and hoping to see some specific numbers, that will not make an interesting or useful thread.

Allow me to answer more broadly, and hope it will help others as well.

The young ones you may make a few hundred per year. The older a few thousand.  Overall I'd expect to see--given the current state of the market--maybe 5-10k for maybe 5-10 hours of work per year.

Could be significantly more (2x that), or less (to the point of $0), I'm just ballparking based on what others have seen. It tends to be feast or famine, lots of sales, or very few, so it's more likely to see one extreme than in the middle (i.e. very fat tails).

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gin1984 on November 18, 2017, 08:13:31 AM
You used to be able to buy coins from the US Mint and then deposit the coins in your bank account. Those were the days.

It pays to have your finger on the pulse. Used to be "easy" and lucrative to MS, now it appears to be the Golden Age Of Bank Account Bonuses (https://www.doctorofcredit.com/golden-age-bank-account-bonuses-dont-miss/)

Or perhaps it was. We were in for several thousand for the year in bank account bonuses (or like 20% of our retirement spending or something) and then all of a sudden we both started getting declined

Easy come, easy go


I never really got bank bonuses.  Sure you get $200, but you tie up 20k for six months.  That’s a 2% return
I've never tied up $20K.  Most of the time I get around $150 for $500-1000/month direct deposit.  That money does not sit there, I use it for my general expenses.  Normally there is a $1000 ish sitting there to avoid fees but that is it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lmf on November 18, 2017, 09:04:06 AM
Was told the money should be in my account today... still nothing. I have not received an add for an AU since the first time I pointed out I wasn't paid back in September. Prior to that I was getting several AUs at least every other month. Coincidence? Possibly... doesn't feel like it though.

Same thing happened here.  I used to get a sale on one card every month.  But then payment was super late one month and I emailed to ask about it.  Since then no sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LovinPSDs on November 19, 2017, 09:02:35 PM
I'd be interested to know when Chase goes back live.  I think my card is a good candidate but not going to bother should Chase be on the radar.  I just doubled checked my credit report and that cards been open since 2008!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hhauewr on November 19, 2017, 10:03:19 PM
Old company is taking Chase again. Do you know if they take AU's SSN over the phone?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LovinPSDs on November 20, 2017, 06:52:24 AM
Old company is taking Chase again. Do you know if they take AU's SSN over the phone?

I have not actually done it, but my web portal on Chase has an option to add AU online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spartans on November 20, 2017, 08:26:21 AM
If the company catches on and shuts you down, do they only close that card or close all your accounts with them?  I'm concerned about it being the latter with Chase.  Wouldn't want to put my UR's in jeopardy for a few hundred bucks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 20, 2017, 08:56:03 AM
Yep. All the other companies shut down the one card. Chase shuts them all down. I don't personally use Chase for this reason. Even though the rate of closures is low, not worth it to me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spartans on November 20, 2017, 10:14:14 AM
Gotcha.  I only hold Chase cards so I guess I'm sitting this one out.

ARS - I think I saw that you had 500K UR's, did you accumulate all of those through churning? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 20, 2017, 10:32:55 AM
Gotcha.  I only hold Chase cards so I guess I'm sitting this one out.

ARS - I think I saw that you had 500K UR's, did you accumulate all of those through churning?
Yep. Down to just under 400k now, we've been spending them recently without any efforts to accumulate more.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JohnGalt79 on November 20, 2017, 06:29:25 PM
Yep. All the other companies shut down the one card. Chase shuts them all down. I don't personally use Chase for this reason. Even though the rate of closures is low, not worth it to me.

Do you know if checking/savings accounts would also be included in a shut-down scenario with Chase, or is it limited to the credit cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 20, 2017, 06:59:59 PM
That is my understanding, yes. All your Chase accounts, and I have heard accounts associated with your address (e.g. potentially spouse's accounts).  Further, they blacklist you from applying for new accounts, from what I understand.

I cannot confirm this.

I can confirm B of A just shuts down the one card, and this is the same with all other providers; just shut down the one card, and you can still get new accounts with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JohnGalt79 on November 20, 2017, 07:11:08 PM
That is my understanding, yes. All your Chase accounts, and I have heard accounts associated with your address (e.g. potentially spouse's accounts).  Further, they blacklist you from applying for new accounts, from what I understand.

I cannot confirm this.

I can confirm B of A just shuts down the one card, and this is the same with all other providers; just shut down the one card, and you can still get new accounts with them.

Ok, thanks.  That's very helpful to know.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on December 03, 2017, 06:00:14 PM
I should know this, but when is the payout?  I added two users on October 6th for an October 9th statement closing date.  Should I have gotten paid end of November or do they typically go a few days past?  It has been a while since I had an add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 03, 2017, 06:20:48 PM
I should know this, but when is the payout?  I added two users on October 6th for an October 9th statement closing date.  Should I have gotten paid end of November or do they typically go a few days past?  It has been a while since I had an add.

For me it's usually between the 16th and the 21st of the month to receive payments.  So if you weren't paid on or around 11/20, I would look to be paid around 12/20.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on December 03, 2017, 06:22:24 PM
I should know this, but when is the payout?  I added two users on October 6th for an October 9th statement closing date.  Should I have gotten paid end of November or do they typically go a few days past?  It has been a while since I had an add.

As mentioned above by multiple people, we haven't had a single add since we complained about not getting paid one time.  Whatever you do, do NOT contact them to find out why you haven't been paid because it seems they will vindictively punish you if you're a "problem" account.   It's probably better to let them just screw you out of one month's AU fee rather than losing all AUs forever, which is what has happened to us after being a squeaky wheel.

This whole business model seemed vaguely shady from the outset, and nothing about my interactions with them has done anything to assuage that feeling.  You're effectively dealing in a black market, so you probably have to accept some degree of graft.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on December 03, 2017, 06:56:36 PM
I would have thought that I wouldn't get paid until after I was told to remove them as AU. It would seem odd to me to be paid before the 60-90 days was up. I could end up removing them too early whether by accident or not.

Speaking of removing and adding, I see that I apparently have 2 new AUs on one card later this month to replace the current two. Is it wise to remove both in the same day and then add 2 others the next day? I'd think it would better to deal with only one AU at a time (i.e., never add/delete more than 1 per day or at least per call).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on December 03, 2017, 08:13:03 PM
Whatever you do, do NOT contact them to find out why you haven't been paid because it seems they will vindictively punish you if you're a "problem" account. 

Interesting, thanks for the advice.  I wasn't going to contact them anytime soon because I figured I just forgot about the payment terms.  I am getting 3-5 adds per month on the old company, this was my first sale on this one in many months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 03, 2017, 08:50:30 PM
I would have thought that I wouldn't get paid until after I was told to remove them as AU. It would seem odd to me to be paid before the 60-90 days was up. I could end up removing them too early whether by accident or not.

Speaking of removing and adding, I see that I apparently have 2 new AUs on one card later this month to replace the current two. Is it wise to remove both in the same day and then add 2 others the next day? I'd think it would better to deal with only one AU at a time (i.e., never add/delete more than 1 per day or at least per call).

You can get paid before removal.  I have.  I think they reserve the right to claw back the payment if you screw up, but I'm not sure.

The official guidance I believe is to only add or delete in a single phone call but that it is OK to add multiple or delete multiple.  I prefer to only add or delete a single AU per phone call, but I'll happily do it all in the same day.  So if I were in your situation, I'd make four phone calls in a single day.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: max9505672 on December 04, 2017, 06:59:50 AM
Is this technique is not applicable in Canada?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 04, 2017, 07:37:20 AM
So I was looking back at my order history for the year and noticed that one of my cards was paid at the wrong tier - it was put in as $75 but should have paid $175. I have an email from them that confirms the payout for that card should be $175 from before that AU was added. I just sent an email requesting the additional $100, and informing them that another card has moved tiers as well. We will see what the result is. I definitely like the payout tiers better at this company vs. the old company, but if things don't improve here with on time/correct payouts, I'll be moving all of my cards to the old company. I just moved one that had gotten no action with the new company and have already gotten a sale.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on December 04, 2017, 11:34:11 AM
As mentioned above by multiple people, we haven't had a single add since we complained about not getting paid one time.

This has been my experience as well. I only had two adds before, but I've had zero since.

I hate to complain about free money, but I'm disappointed at how things have worked out so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on December 04, 2017, 12:15:49 PM

I hate to complain about free money, but I'm disappointed at how things have worked out so far.

I don't feel like it's complaining, nor is it free money. You have a contract with them. They are selling access to a product on your behalf.

I just chalk this inconvenience up to each tradeline actually being a few more minutes of work to set calendar reminders and politely follow up with the company. I had to follow up twice last month about a missing payment, but it did finally arrive on 11/20. Still had a sale for December on the same card. FWIW, I think the lack of sales is due to a glut of cardholders overall, not "retribution" for asking about money you're owed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 04, 2017, 01:08:48 PM

I hate to complain about free money, but I'm disappointed at how things have worked out so far.

I don't feel like it's complaining, nor is it free money. You have a contract with them. They are selling access to a product on your behalf.

I just chalk this inconvenience up to each tradeline actually being a few more minutes of work to set calendar reminders and politely follow up with the company. I had to follow up twice last month about a missing payment, but it did finally arrive on 11/20. Still had a sale for December on the same card. FWIW, I think the lack of sales is due to a glut of cardholders overall, not "retribution" for asking about money you're owed.

I certainly hope that you're right, but it is disappointing to see how many people have had to follow up for payment. You would think scheduling and sending payment should be relatively easy to automate. Even if you didn't automate payment, an automatic reminder on who is due payment each month would take just a few minutes to set up.

It's also disappointing that I have to be the one to point out when a card should move from one tier to the next. Again - you have the open date of every card in the system and your own payout schedule... why can't this be automated as well? Maybe I should ask if he needs some help figuring that out...?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on December 04, 2017, 02:28:21 PM
Just putting out a data point - My payments were delayed for 3 months and each time I contacted them and they sent the payment promptly. Since last October my payment has been coming promptly by the 7th of the month. And I have had adds all the time I was "complaining". Also, in May I had a credit line increase which put me in a higher tier (I updated the info on their website by opening a ticket) but I was paid the lower rate the next month. I "Complained" and was promptly paid the difference with an apology. I'm just a regular member and have no other connection with the company. Make what you can guys from this data point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 04, 2017, 02:33:21 PM
Just to add my 2 cents..

I think they are small and disorganized.  I have had good responses from the owner who seems to also do the accounting. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on December 04, 2017, 07:29:25 PM
Just to add my 2 cents..

I think they are small and disorganized.  I have had good responses from the owner who seems to also do the accounting.

+1
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on December 05, 2017, 06:13:59 AM
FWIW, I've had to contact them about payments and other misc small problems, and am getting more adds than ever.  So I don't think they're putting anyone on a naughty list.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 05, 2017, 09:57:11 AM
Just to add my 2 cents..

I think they are small and disorganized.  I have had good responses from the owner who seems to also do the accounting.

I've always gotten good response from the owner - no issues there. I have had to follow up with him though for every single payment. His responses have ranged from "you read my mind" to "payment was sent out today" to my favorite "our accountant was on vacation." Each time, I've gotten the impression that if I hadn't followed up I'd still be waiting. I understand they are small and disorganized, but it's been a year now since arebelspy started recommending them. I just expected that would be enough time to iron these wrinkles out. I really hope this doesn't come off as me just complaining about "free" money, just wishing there were fewer issues is all.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 05, 2017, 10:03:53 AM
I agree. The issues are disappointing.

I have continued to research other companies, have been talking with the newcomers mentioned earlier in the thread (sadly, still not at the point where I'd recommend them), and have been talking with old company again.

Easy money, yes, but also hassle factor is important.

I'm glad to hear for many of you it's going well. It is, of course, the ones who have a disappointing experience who vocalize it, but there shouldn't be any disappointing experiences, to be frank.

They're doing key things right, but dropping the ball on basic things, sadly. Will likely have more soon, once I have time to type stuff up, and may launch a 3rd TL thread at that point, as this one is getting so long and cumbersome.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: VeggieTable on December 05, 2017, 01:33:16 PM
I have had an issue that I'm wondering if anyone else has encountered. I added a Capital One account with the new company, went a few months without an AU, then in October, finally got one. Added the AU, then a month later, Capital One decided to reduce my credit limit, for literally no reason. The best I could get out of them was that it was a "business decision" because I wasn't using enough of the credit line. My credit limit was $20,000 and is now $10,000. The card sat completely unused for 7 years, until about 6 months ago. During those 7 years (and years prior, when I was a college student and they felt I was trustworthy with $20,000 of credit), they didn't see fit to reduce my credit. I called and argued as best I could to get it increased, but go absolutely nowhere. Has anyone else had this happen?

I emailed the new TL company when my limit was reduced, as I'd had an AU for 30 days by that point, but they just said "thanks for letting us know". I had hoped they'd tell me how to approach it with Capital One, or let me know if this is a new trend.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 05, 2017, 01:47:25 PM
Quote
Added the AU, then a month later, Capital One decided to reduce my credit limit, for literally no reason


I guess that's one way to kill tradeline sales. Instead of cancelling your card, they just give you a lower limit. That way they can still profit off your spending. :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 05, 2017, 02:02:05 PM
It's funny, I had a Cap One card that was restricted until I provided them with all sorts of info on all of my AUs. The new company said they were going to shut my card down, so I just didn't do anything. I have since gotten another Cap One card and they never did close my other account. It's still restricted and I can't do anything with it, but it still shows up on my credit report. I figured I'll just leave it alone until such time as they see fit to either unrestrict it or close it. Cap One is weird when it comes to AUs though from what I've seen and heard.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on December 05, 2017, 03:11:26 PM
Easy money, yes, but also hassle factor is important.

Probably me complaining about free/easy money, but the hassle factor has been enough of a problem enough with Citi that I don't think I want to bother continue to sell TLs on those card. You have to call in, they end up taking a while, putting you on hold, making lots of mistakes, and sometimes randomly drop the AU so it doesn't post. Probably still a decent pay off per hour, but not sure if I care for the hassle.

Prefer to stick to Discover et al that is all online and no real problems.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 05, 2017, 03:38:39 PM
Yeah, all mine are done online (Discover, Cap 1, Barclay, B of A--though B of A's removal is phone).

Waiting on hold sucks. At least you can browse the forums while waiting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 05, 2017, 04:42:59 PM
Quote
Yeah, all mine are done online (Discover, Cap 1, Barclay, B of A--though B of A's removal is phone).

That was my strategy, because I didn't want to bother with waiting on hold and trying to pronounce names, but half the time it wouldn't post.  I guess I just had a string of bad luck.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on December 05, 2017, 06:35:40 PM
Easy money, yes, but also hassle factor is important.

Probably me complaining about free/easy money, but the hassle factor has been enough of a problem enough with Citi that I don't think I want to bother continue to sell TLs on those card. You have to call in, they end up taking a while, putting you on hold, making lots of mistakes, and sometimes randomly drop the AU so it doesn't post. Probably still a decent pay off per hour, but not sure if I care for the hassle.

Prefer to stick to Discover et al that is all online and no real problems.
I have had similar thoughts with citi.

Has nothing to do with "new company" just the way citi organises things.
I have had a total of 4 adds to citi, 2 at a time. Payout is low, as it's a newer card.
Even when added online AUs don't always show. Calling in takes forever and they don't get what you want...

I have been toying with taking my citi card out of the portal once we are back on the road.
I have also been thinking about just taking the risk and skipping the call in part.
I know ARS often does not add the SSNs. So I could keep Citi on, do what I can online without calling in.
I'll see how the ones I just added a few days ago will post and then take a decision.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on December 05, 2017, 06:42:16 PM
Easy money, yes, but also hassle factor is important.

Probably me complaining about free/easy money, but the hassle factor has been enough of a problem enough with Citi that I don't think I want to bother continue to sell TLs on those card. You have to call in, they end up taking a while, putting you on hold, making lots of mistakes, and sometimes randomly drop the AU so it doesn't post. Probably still a decent pay off per hour, but not sure if I care for the hassle.

Prefer to stick to Discover et al that is all online and no real problems.
I have had similar thoughts with citi.

Has nothing to do with "new company" just the way citi organises things.
I have had a total of 4 adds to citi, 2 at a time. Payout is low, as it's a newer card.
Even when added online AUs don't always show. Calling in takes forever and they don't get what you want...

I have been toying with taking my citi card out of the portal once we are back on the road.
I have also been thinking about just taking the risk and skipping the call in part.
I know ARS often does not add the SSNs. So I could keep Citi on, do what I can online without calling in.
I'll see how the ones I just added a few days ago will post and then take a decision.

I also had problems with my last 2 adds with Citi. In one case Citi added the AU, but then dropped it a few days later, so then I added the AU online. But now apparently it's not posting to all 3 credit reports. In the online process the social security number is not asked for, unlike when you call in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on December 06, 2017, 09:08:10 AM
Citi also took away the option to remove AUs online. It used to be a button on the website, but now you have to call in. (I actually chatted with a customer service rep via online chat and she was surprised to hear this option went away -- they must have removed it without altering their customer support scripts). And the last time I called to add an AU, I had to transfer to a security specialist and answer additional questions, although this may have been because I called from a different phone number than the primary phone associated with my account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 06, 2017, 09:31:09 AM
I have been transferred to a security specialist before, no rhyme or reason why, but in the long run it was no big deal. You can remove online with Citi, you just need to send a Secure Message. I believe they outline that for you on the company's website (or it may be in the email you get to remove, I don't remember). The last ones I removed, I called one in and used a Secure Message with the other one. They were both removed within an hour.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on December 06, 2017, 05:59:00 PM
I would have thought that I wouldn't get paid until after I was told to remove them as AU. It would seem odd to me to be paid before the 60-90 days was up. I could end up removing them too early whether by accident or not.
Turns out I had been paid already for my first 2 adds. I was expecting some kind of notice from them or on their website, which makes it appear I hadn't been paid yet. I assume the add on the other card will be paid in a couple weeks since the closing date for it was about 3 weeks after the first card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on December 08, 2017, 04:34:25 PM
I had requested the paperwork to sign up with the new company several months ago and then I started reading about all the issues everyone was having so I decided to wait.  I would rather miss out on some easy money rather than deal with the frustration many of you have been dealing with.  I was about to move forward until I read the recent posts.  Maybe I'll wait a little longer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on December 09, 2017, 07:44:12 AM
I would have thought that I wouldn't get paid until after I was told to remove them as AU. It would seem odd to me to be paid before the 60-90 days was up. I could end up removing them too early whether by accident or not.

Speaking of removing and adding, I see that I apparently have 2 new AUs on one card later this month to replace the current two. Is it wise to remove both in the same day and then add 2 others the next day? I'd think it would better to deal with only one AU at a time (i.e., never add/delete more than 1 per day or at least per call).

If I am removing AUs and don't have any to leave on - I just ask to remove all AUs.

One time, apparently a prior AU hadn't been properly removed, so that was caught and removed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on December 10, 2017, 09:51:26 PM
Well, 1 year in with new company and I made a total of $775, with only 5 AU's for the year. Very easy, worth my time but far less than I expected. Older cards, highish limits, 800 credit score.In January I'll be adding the Barclaycard now it is 1 year old, hopefully that will help.
Anyone want to PM me the old company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on December 10, 2017, 10:41:40 PM
The new company told me that cards had to be 2 yrs old minimum.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 11, 2017, 10:28:28 AM
The new company told me that cards had to be 2 yrs old minimum.

At this point, they probably have a glut of cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 11, 2017, 03:35:00 PM
I've had much greater success with the old recommendation.  I just wish they would take cards with lower limits but long history.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on December 11, 2017, 04:53:32 PM
Just did my first AU removal with Bank of America - called in, went smoothly - except the agent caught herself at the end for a "new process" where she had to also type in notes about the removal, including the name of the AU being removed.

The extra time isn't an issue, but having notes typed up about AU adds and removals means more eyes will be on the AU adds and removals.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on December 11, 2017, 07:07:19 PM
Bank of America shut down my cards today, I had added 3 users per card, greedy I know, and I believe I was told only 2 user per card was recommended. They had a fraud alert on my account, they lifted it, then I added another AU the next day. Oh well, I stil have my Discover card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 12, 2017, 05:21:10 AM
The new company told me that cards had to be 2 yrs old minimum.

At this point, they probably have a glut of cards.

They have had a glut of cards for a while. Some are seeing adds routinely while others, like myself, have not seen anything for months. They are taking one year old cards but also telling you that you probably won't see any sales until it's at least 2 years old. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on December 12, 2017, 11:14:51 AM
I just got my first order for a citi card.   The instructions said I have to call in for citi, because if I do it online the ssn won't be entered.  I called and added the AU, and the citi rep said he was going to send a card to the AU address asap.  I requested he send the card to my address instead.  I was under the impression the cc company will never ship to the AU address, but he seemed very quick to get it sent to that address?

Just as a data point:  My payment for this add just landed in my checking account in the last couple of days.  I never had to contact the company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 13, 2017, 06:47:15 AM
I have to believe that the company has a glut of cards.  Seeing some posts here, it also seems like some people contact them and volunteer for lower payments, which I'm sure guides buyers to their cards.  Since January, with 4 cards, I've had exactly 3 AUs.  I'm grateful for the free money but have gone outside to the dark side and put one of my "resting" cards with another vendor.  2 AU's immediately were added.  This is a BoA card and I have 3 other newer cards with BoA so I really don't care if it gets shut down.  I also understand that BoA tends to only shut down the single offending card.

I'd rather not disclose who I'm going with now with my BoA card but am happy that I'll have some money coming in.  The "new" company here hasn't given me an AU in 3 months.

All in all, tradelines are great in my opinion.  I had none last year and now have somewhat of a stream of free money coming my way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on December 13, 2017, 10:38:29 AM
can anyone send referral for the first company?
thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on December 14, 2017, 08:55:31 AM
My understanding is that it will not work, that they show up because you are also personally liable, but it will not show up for AUs.

Be interesting to test it. Add one of your kids, then check their report free with credit karma or something in a month.

I added my wife as an AU to my capital one business card and its not appearing on her credit report which is weird since this is the first business card I've owned that has shown up on my credit report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 14, 2017, 09:07:12 AM
My understanding is that it will not work, that they show up because you are also personally liable, but it will not show up for AUs.

Be interesting to test it. Add one of your kids, then check their report free with credit karma or something in a month.

I added my wife as an AU to my capital one business card and its not appearing on her credit report which is weird since this is the first business card I've owned that has shown up on my credit report.

Correct, as I said, you are liable, so it shows up on yours. AUs on business accounts do not have it show up though.

Thanks for confirming! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 14, 2017, 09:08:53 AM
New info coming soon for both companies.

New company is dropping rates to be more in line with the industry.  They will be sending an email soon, and I'll be posting here soon.

Old company has changed some card requirements and limits.

Possible new recommendation coming soon.

Also new thread likely starting soon, this one is probably long enough.

Probably next week, as I'm currently in a bit of a personal situation with family.  Cheers!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sc0tty on December 14, 2017, 10:09:50 AM
New here and to MMM in general.  I am interested in this and if someone sends me a referral I will gladly use it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on December 14, 2017, 12:22:32 PM
I'm not sure if this has been discussed yet but I can't find anything on it.  Also not sure if I should be starting a new thread, but I suspect I can get my questions answered in here.

Can you start an LLC and open a solo 401k selling tradelines?  Seems a bit dubious that I could start an LLC that could generate money by selling tradelines on my personal CC.  I've read comments that "it takes more than just creating an LLC to open a 401k, it must be a legit business", but also other comments noting that if you generate income on a 1099 then it could qualify you to open a solo 401k.

Assuming that is possible, could you then max your current 401k at your day job while also making employer contributions to your solo 401k using tradeline money?

It doesn't seem like it would be worth it for only a couple of tradeline sales per year, but if they figure out the supply/demand and tradeline sales go back up to what is claimed in the thread title it seems like it could be worth it to shelter extra money in a tax sheltered account.

Hopefully someone has done a lot more research than me and can save me the time of reading up on this on my own.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on December 14, 2017, 05:47:47 PM
FrugalNacho,
The income is considered self-employment contractor income, so you can definitely fund a retirement account.  I ended up going with a SEP IRA because I am already maxing out a 401k at my job.  I will make around $3000 from tradelines this year, so I can put roughly $500 or so as the employer contribution to the SEP IRA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on December 15, 2017, 04:06:58 PM
I'm not sure if this has been discussed yet but I can't find anything on it.  Also not sure if I should be starting a new thread, but I suspect I can get my questions answered in here.

Can you start an LLC and open a solo 401k selling tradelines?

I think some of your specific questions (LLC not needed) have been answered. We also discussed tax implications and strategies here (https://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on December 15, 2017, 07:23:56 PM
Frugalnacho if you're already maxing out your employee 401k deduction at your main job, don't bother going through the hassle of opening up a solo 401k, just do a Sep-ira.

If you're thinking the solo 401k is a way to do after tax contributions for the mega back door roth, that is possible, but given the fee to set that up, i think it only makes sense if you're making a few thousand dollars from the tradelines at the very least.

It seems many here are making a few hundred with tradelines at best, with a few making thousands.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 15, 2017, 07:25:22 PM
Frugalnacho if you're already maxing out your employee 401k deduction at your main job, don't bother going through the hassle of opening up a solo 401k, just do a Sep-ira.

If you're thinking the solo 401k is a way to do after tax contributions for the mega back door roth, that is possible, but given the fee to set that up, i think it only makes sense if you're making a few thousand dollars from the tradelines at the very least.

It seems many here are making a few hundred with tradelines at best, with a few making thousands.

Depends on your income, a SIMPLE IRA has higher contribution limits for some situations.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gadoc on December 15, 2017, 10:17:57 PM
I just got my first add on my Citi card today.  After adding the AU I received a confirmation email from Citi bank with the following statement regarding the AU, “They have access to view account information and request replacement cards”.  I confirmed the card will be sent to my address and don’t see how they can access my account without it, but I am still a little concerned with the statement.  Any reason I should be concerned?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on December 16, 2017, 07:19:58 AM
Any cards have to be mailed to you, not to them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: redslaundry on December 16, 2017, 03:17:13 PM
Gadoc, I believe the reason Citi is telling you that the authorized user can do those things is because **technically** the authorized user is allowed to have that level of access. However, I believe the authorized user would need to know your account information (like account #) in order to actually do things like view account information or request a replacement card. I don't think they would be able to simply call in to Citi and get access without first knowing your personal details. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gadoc on December 16, 2017, 06:10:55 PM
Thanks redslaundry and DavidAnnArbor.  I didn’t think it was an issue but feel better with the reassurance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on December 17, 2017, 06:46:05 PM
Will they tell you when to remove an AU?  I added one back in October, and got paid in December, but don't have a notice to remove them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 17, 2017, 06:52:35 PM
Will they tell you when to remove an AU?  I added one back in October, and got paid in December, but don't have a notice to remove them.

Yes.  Usually about 90 days after you add the AU, so in your case probably some time in January.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on December 20, 2017, 09:59:54 AM
Haven't been paid yet this month, wish they'd get better about making payments on time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 20, 2017, 10:01:04 AM
Haven't been paid yet this month, wish they'd get better about making payments on time.

Pm me with details.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on December 20, 2017, 10:28:19 AM
It may have been pure coincidence, but I had just asked about whether the "date of placement" is the date I had added them since it had been 88 days so clearly past the req'd 75 on that card. That afternoon I got the requests to remove some (and add another).

While my first 2 adds were paid fine without any notice, I just sent him an email asking when I should expect payment for one of those I just removed.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on December 20, 2017, 11:20:24 AM
If I added a user on 10/27 and it posted on 11/15, when should I start bugging them about payment?
It's shown in the Oct. list in the table; however I've received payment for my 10/3 add (after bugging them) but not this one. So I'm wondering if it counts as Nov. and I should just wait.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 20, 2017, 11:42:35 AM
If it posted 11/15, payment is end of the following month. So end of Dec. Though, as some people have noted, sometimes it's a week or so late. That's the point I'd start asking.

Annoying to have to do so. The biggest problem right now, even more so than the lack of/uneven distribution of AUs.

I'm contacting the owner again today.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on December 20, 2017, 11:58:06 AM
New info coming soon for both companies.

New company is dropping rates to be more in line with the industry.  They will be sending an email soon, and I'll be posting here soon.

Old company has changed some card requirements and limits.

Possible new recommendation coming soon.

Also new thread likely starting soon, this one is probably long enough.

Probably next week, as I'm currently in a bit of a personal situation with family.  Cheers!

Looking forward to this ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on December 20, 2017, 01:53:44 PM
While my first 2 adds were paid fine without any notice, I just sent him an email asking when I should expect payment for one of those I just removed.
He replied quickly and apologized for the delay. He said my payment should post within 2 days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gin1984 on December 20, 2017, 05:47:54 PM
Would this income be the type that the new tax bill will allow the 20% pass through?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 20, 2017, 07:56:33 PM
Would this income be the type that the new tax bill will allow the 20% pass through?

I don't believe so. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on December 20, 2017, 08:45:53 PM
So how much is everyone making? I got to the game late and only cleared one AU so far, so $75 for me.  Got 2 cards with lots of slots just going unused.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on December 20, 2017, 09:05:20 PM
So how much is everyone making? I got to the game late and only cleared one AU so far, so $75 for me.  Got 2 cards with lots of slots just going unused.

Updating below:

If anyone wants some other data-points, wife and I have had 5 cards active on the "old recommendation" since about August, and have had four tradeline sales in that time for roughly $1000 in revenue. Not bad for some clicking around. I had a quick sale on Chase (which was removed after some changes) and no bites since then, wife has had a few more sales on her cards (higher limits and longer credit histories).

I got curious and tallied up today: first four months of this year my wife and I rang up ~$1,000 in sales between the two of us assuming they all pay out (one didn't post).

So relatively consistent dollar wise with what I said before, though last year, we had fewer sales, at higher payout each (before the price was cut).

If that averages out, it's still "free" $3,000 a year. I won't sneeze at that.

That's for about five cards distributed semi randomly between old and new recommendation; we added some new cards, and some cards, i.e. Chase, are no longer being sold. We are pretty lazy, if the card was already getting sales on the old recommendation, we kept it and didn't move over.

Mid year update: exactly $2,000 in sales between wife and I. Not a lot of money but it's free and easy; covers roughly one month of our expenses in retirement so far. Wondering if I killed the goose that lays the golden egg a bit by putting freeze on Discover, will see *shrugs*

FWIW, approximately the same or a bit more from bank bonuses (https://forum.mrmoneymustache.com/share-your-badassity/bank-account-churning-how-to-make-$1600-in-a-year-by-being-organized). Between the two that could cover a good chunk (~20-25%) of our current retirement expenses if we stay thrifty. I don't expect the free money (or the super low expenses) to last for ever, but you don't look a gift horse in the mouth.

If everything pays out, we'll have made a little under $4000 between the two of us for 2017 (and a few sales made towards end of this year, which will pay out next year)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on December 20, 2017, 10:21:37 PM
So how much is everyone making? I got to the game late and only cleared one AU so far, so $75 for me.  Got 2 cards with lots of slots just going unused.

We've made zero for the past six months, on multiple cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on December 20, 2017, 11:38:25 PM
I had one AU in 2017, multiple cards, 10 yrs plus, 20K+ limits...
I signed up early in 2017, january I think.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 21, 2017, 05:52:01 AM
I got a lot of action on my Citi card early on at $200 a pop ($1800), nothing on that card since July. I had $300 on a Capital One that ended up being restricted (they never did close the account though), and a little action on my Barclay card and another Citi. All told, $2525 for the year with another $175 that will post in January. Overall, sounds like better than most. I'm pretty satisfied with the whole arrangement, just wish I didn't have to remind about payment every time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on December 21, 2017, 05:56:45 AM
We should hit $2550 assuming these last few post to the bureaus, but I think $2400 of it is with the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on December 21, 2017, 06:21:18 AM
I signed up in early 2017 and made $200 from two sales.

$9,500 10 year old discover card and $15,000 two year old barclay card

Both sales were on the discover
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 21, 2017, 06:30:41 AM
Signed up January 17.  2 sales on a citi and one an a cap one.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on December 21, 2017, 06:32:13 AM
I've had 5 AUs total so far. I registered in Aug and added in Sep. Just dropped the first 3 and added 2 more.

A lot seems to be just random chance since the consumer picks the cards they want. Thus, if your's isn't near the top of the list you have less chance just like Google. The lists normally can be sorted a variety of ways. You could look to see if you can find your cards (may need to sign up).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on December 21, 2017, 07:44:00 AM
Based on the experience of the last few posters, it would probably make sense to update the thread title to something like $3k/yr if possible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 21, 2017, 07:47:19 AM
About $2500 including payments due by end of the year.  Most of this was with the old TL company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 21, 2017, 08:55:45 AM
So how much is everyone making? I got to the game late and only cleared one AU so far, so $75 for me.  Got 2 cards with lots of slots just going unused.

Signed up very early in Jan and got 3 adds in first couple of months for a really old card with a high CL. Essentially nothing since.  I figure even if I season some new(er) cards they won't net me much if anything.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on December 21, 2017, 12:10:45 PM
I have 4 cards listed with them - first AU added in May.  So from May through now I've made a total of $1525 on 13 AU's scattered over the months.  No complaints really.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Runner77 on December 21, 2017, 03:55:57 PM
Signed up in late December last year with 2 cards with the new company, I had one sale all year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on December 21, 2017, 08:27:18 PM
Three $75 sales in consecutive months at the start of the year. Nothing since. I removed all my cards earlier this month. Not worth my time to be on demand to add someone combined with the tax complications.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on December 22, 2017, 09:08:07 AM
I've had 6 sales since January, on a single old high CL card. Not been paid for the last one yet, but once I do, the 2017 total will be $1200. Our "fun money"  :-)

So far no sales yet on my 2 year old 10K CL card, added in October.


Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on December 22, 2017, 10:03:12 AM
Three $75 sales in consecutive months at the start of the year. Nothing since. I removed all my cards earlier this month. Not worth my time to be on demand to add someone combined with the tax complications.

What are the tax complications?  Aren't tradesales taxed as plain ol' income?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 22, 2017, 10:32:46 AM
Three $75 sales in consecutive months at the start of the year. Nothing since. I removed all my cards earlier this month. Not worth my time to be on demand to add someone combined with the tax complications.

What are the tax complications?  Aren't tradesales taxed as plain ol' income?

If you're using the company mentioned in this thread, you'll get a 1099 for the income which, depending on how you view it, should be reported as gross income on a Schedule C or on line 21 of Form 1040.

Complications-wise, it is one more form to wait for and enter the data from into TurboTax or whatever you use.  It increases AGI, so if you're close to an AGI cliff you need to plan for or accommodate that.  If you enter it on Schedule C, you may also need/want to keep track of business expense deductions against that business income (I certainly would consider any annual fees you pay to be business expenses) and enter that into the appropriate places.  Finally, if you enter it on Schedule C, it will have the side effect of raising your Social Security benefits by probably a miniscule degree when you collect those, which could put you into a higher tax bracket when you're 70.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on December 22, 2017, 11:53:51 AM
Three $75 sales in consecutive months at the start of the year. Nothing since. I removed all my cards earlier this month. Not worth my time to be on demand to add someone combined with the tax complications.

What are the tax complications?  Aren't tradesales taxed as plain ol' income?

If you're using the company mentioned in this thread, you'll get a 1099 for the income which, depending on how you view it, should be reported as gross income on a Schedule C or on line 21 of Form 1040.

Complications-wise, it is one more form to wait for and enter the data from into TurboTax or whatever you use.  It increases AGI, so if you're close to an AGI cliff you need to plan for or accommodate that.  If you enter it on Schedule C, you may also need/want to keep track of business expense deductions against that business income (I certainly would consider any annual fees you pay to be business expenses) and enter that into the appropriate places.  Finally, if you enter it on Schedule C, it will have the side effect of raising your Social Security benefits by probably a miniscule degree when you collect those, which could put you into a higher tax bracket when you're 70.

Thanks for the info. Guess we have different interpretations of "complicated".  For AGI cliff/tax brackets, I understand that this income could be taxed at higher marginal rates but still much better than none at all.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on December 22, 2017, 12:00:59 PM
Do you regularly charge expenses to cards waiting for a tradeline?  I find I spend to meet sign up bonuses, then after that I go with the best rewards which means several of my cards are totally useless.   Like my 12 year old BoA card that gets 1.5% cash back with no special categories - why would I ever use that card when I have at least 2 cards already that offer 2%?  I'll charge on it as per the guidelines given once I sell a tradeline on it, but not until then.

Do I have any incentive to actually use any of the cards I plan to sell tradelines on?  Are there any other reasons to regularly use a card that offers inferior rewards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on December 22, 2017, 12:24:13 PM
Are there any other reasons to regularly use a card that offers inferior rewards?
Banks sometimes close accounts that have no activity, so it's probably best to put a token charge on accounts you want to keep active every year or two even if you don't have a TL sale on the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 22, 2017, 12:28:53 PM
Do you regularly charge expenses to cards waiting for a tradeline?  I find I spend to meet sign up bonuses, then after that I go with the best rewards which means several of my cards are totally useless.   Like my 12 year old BoA card that gets 1.5% cash back with no special categories - why would I ever use that card when I have at least 2 cards already that offer 2%?  I'll charge on it as per the guidelines given once I sell a tradeline on it, but not until then.

Do I have any incentive to actually use any of the cards I plan to sell tradelines on?  Are there any other reasons to regularly use a card that offers inferior rewards?

I don't.  My CC-able spending is so low (about $25K annually) that I just use my Chase CSR for everything and don't bother optimizing past that point.

I have reminders for each card each month a few days after the statement close date.  When those reminders pop, I check if the card has any AUs; if they do, I charge a small amount on that card.  (I think ARS only ensures that there is a charge on there the first month per AU and has reported success that way.  My approach is more conservative and is more effort and also works.)

The only reasons I know of to use cards with inferior rewards is (A) to ensure that the CC company doesn't close the account for lack of activity.  This is uncommon but does happen; charging once a year is probably sufficient for this.  (B) If you want to ask for a waiver of an annual fee or a CL increase, I believe the CC companies consider average monthly usage in both those cases.  But to succeed in this regard, you probably want to put several thousand per month on a card to get an annual fee waiver or a significant portion of the CL in order to get a CL increase.

Beyond those few reasons, I think the churn and burn strategy is overall optimal.  Annually I get new cards with signup bonuses, MS and regular spend until I get the bonus, sockdrawer them, then downgrade to avoid annual fees.  Note that after several years this gets harder to do because of things like Chase's 5/24 rule, lifetime or 2-year exclusions on getting multiple bonuses on the same card, and having a credit report that lists multiple dozens of credit cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on December 23, 2017, 09:02:09 AM
I am curious what people think about this Reddit post that describes "Bust-out" scores, creation of "synthetic identities" and cautions against adding unknown authorized users to your accounts:
https://www.reddit.com/r/churning/comments/7jla34/card_shutdowns_and_bustout_score_risk_factors/

This part of the author's post is especially pertinent to the tradeline sales industry:

"I want to add one final caution. The KEY method used in creating synthetic identities for large-scale bust-out fraud is associating the synthetic identity with a real person with a long and established tradeline by adding the synthetic identity as an Authorized User. You should NEVER allow your identity to be linked to someone you do not know through a process such as selling access to a tradeline to a supposed credit repair firm. This has a very high likelihood of linking you a synthetic identity and could pose enormous risks in the future as these webs of fraud are ferreted out using analytical techniques to discover these links."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 23, 2017, 09:13:54 AM
I am curious what people think about this Reddit post that describes "Bust-out" scores, creation of "synthetic identities" and cautions against adding unknown authorized users to your accounts:
https://www.reddit.com/r/churning/comments/7jla34/card_shutdowns_and_bustout_score_risk_factors/

This part of the author's post is especially pertinent to the tradeline sales industry:

"I want to add one final caution. The KEY method used in creating synthetic identities for large-scale bust-out fraud is associating the synthetic identity with a real person with a long and established tradeline by adding the synthetic identity as an Authorized User. You should NEVER allow your identity to be linked to someone you do not know through a process such as selling access to a tradeline to a supposed credit repair firm. This has a very high likelihood of linking you a synthetic identity and could pose enormous risks in the future as these webs of fraud are ferreted out using analytical techniques to discover these links."

Oh yes, totally.

This is why it's important to use a good tradeline company. Who verifies their authorized users through actual, in-depth, comprehensive methods.

Fraud is a huge concern. And one most TL companies don't give a crap about, because they can make money allowing anyone to buy TLs.

There's a reason why I've researched 15+ tradeline companies (and narrowed from there to a handful to research in-depth, including talking to the owners of a half-dozen) and can only recommend two.

I think people using other tradeline companies who don't utilize the best (and yes, expensive--we're talking at least $20-$30 per AU, which cuts into profit margins, and why bad companies don't want to do it, along with the effort involved) methods for AU quality control are being foolish.

It's not worth linking to that type of activity for a few hundred bucks. Helping actual people improve their credit scores? Awesome! Possibly adding synthetic identities, or an identity that has been stolen, or someone being manipulated? Terrible, and so not worth it.

It's an industry fraught with risks. So who you use is crucial. I don't research these companies for my own amusement. :)

I'd rather have a few sales from a good company than trying to get more from a bad one, and getting shut down very quickly, and being tied to fraud and risking liability there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JohnGalt79 on December 23, 2017, 04:33:03 PM

If you're using the company mentioned in this thread, you'll get a 1099 for the income which, depending on how you view it, should be reported as gross income on a Schedule C or on line 21 of Form 1040.

...  If you enter it on Schedule C, you may also need/want to keep track of business expense deductions against that business income (I certainly would consider any annual fees you pay to be business expenses) and enter that into the appropriate places.

Can you guys help me understand - what are the pros & cons of reporting this tradeline income on Schedule C vs line 21 of Form 1040?

And, what would determine whether it is reported in Schedule C versus line 21 on Form 1040?

(I have very little experience with non-W2 income, so thanks!)

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 23, 2017, 04:54:24 PM

If you're using the company mentioned in this thread, you'll get a 1099 for the income which, depending on how you view it, should be reported as gross income on a Schedule C or on line 21 of Form 1040.

...  If you enter it on Schedule C, you may also need/want to keep track of business expense deductions against that business income (I certainly would consider any annual fees you pay to be business expenses) and enter that into the appropriate places.

Can you guys help me understand - what are the pros & cons of reporting this tradeline income on Schedule C vs line 21 of Form 1040?

And, what would determine whether it is reported in Schedule C versus line 21 on Form 1040?

(I have very little experience with non-W2 income, so thanks!)

Whichever you do, I don't think you can get out of paying FICA taxes. As long as the taxes due are the same, don't think the IRS cares. I've been inconsistent with similar such income - but the taxes due is exactly the same so long as you have no business expenses to offset it, which obviously wouldn't be possible to account for on line 21.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on December 23, 2017, 05:19:49 PM
Can you guys help me understand - what are the pros & cons of reporting this tradeline income on Schedule C vs line 21 of Form 1040?

And, what would determine whether it is reported in Schedule C versus line 21 on Form 1040?

(I have very little experience with non-W2 income, so thanks!)

Discussed in more detail on breakout thread: Small Business and Miscellaneous Income Best Practices (https://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices/msg1412209/#msg1412209)

Breaks down to ease of filing vs. do you want to deduct business expenses, shelter some income in SEP IRA, solo 401k, etc

Also, you can "get out" of FICA if
a) You have other source of income (like job) that puts you over SS threshold
b) You can use S Corp to split income between salary and investment income, but almost certainly overkill for this, unless you have A LOT of sales
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JohnGalt79 on December 24, 2017, 01:21:19 PM
Can you guys help me understand - what are the pros & cons of reporting this tradeline income on Schedule C vs line 21 of Form 1040?

And, what would determine whether it is reported in Schedule C versus line 21 on Form 1040?

(I have very little experience with non-W2 income, so thanks!)

Discussed in more detail on breakout thread: Small Business and Miscellaneous Income Best Practices (https://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices/msg1412209/#msg1412209)

Breaks down to ease of filing vs. do you want to deduct business expenses, shelter some income in SEP IRA, solo 401k, etc

Also, you can "get out" of FICA if
a) You have other source of income (like job) that puts you over SS threshold
b) You can use S Corp to split income between salary and investment income, but almost certainly overkill for this, unless you have A LOT of sales

Great, thanks.  That breakout thread is very helpful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 24, 2017, 09:57:22 PM
Quote
a) You have other source of income (like job) that puts you over SS threshold

IIRC, Social security has a cap but medicare does not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 25, 2017, 10:27:31 AM
Quick question.

When a potential buyer selects a tradeline with a tradeline company, are they able to see the name of the seller before they decide to buy? If so, is it the full name or just the first name with initial?  How does it work with the "old" and "new" tradeline companies, any differences?

If buyers can see the name, especially the full name, i have two concerns:
-Privacy (self explanatory).
-For those who have foreign names, some buyers may choose another tradeline because of that, e.g. the name Bill Jones appears more trustworthy than Mohammed iShaq (both are made up names).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 25, 2017, 10:52:38 AM
Quick question.

When a potential buyer selects a tradeline with a tradeline company, are they able to see the name of the seller before they decide to buy? If so, is it the full name or just the first name with initial?  How does it work with the "old" and "new" tradeline companies, any differences?

If buyers can see the name, especially the full name, i have two concerns:
-Privacy (self explanatory).
-For those who have foreign names, some buyers may choose another tradeline because of that, e.g. the name Bill Jones appears more trustworthy than Mohammed iShaq (both are made up names).

I don't think the buyer sees the seller's name at all.  I suspect that all the buyer sees is CC issuer, CL, and age.  So "Barclays $25K 10 years" or whatever.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: redslaundry on December 26, 2017, 01:17:36 PM
Reading through the thread, it looks like there have been a few scattered mentions of peopling getting mail (usually junk mail) for their tradeline clients. I was wondering if anyone has noticed getting (junk) mail for clients on specific tradelines only.  I ask because that is what has happened to me and I was wondering if anyone had any insight or similar experiences.

I've been with the Old co for a few years and I have never gotten any mail or phone calls for any of my tradeline clients. However, last year I signed up my USAA card with the new co. Since then, I've gotten lots of junk mail and phone calls from various entities trying to reach my tradeline clients on the USAA card.

My theory is that USAA is more "aggressive" in selling information about authorized users. However, that doesn't fully make sense to me. Why would USAA be selling information on authorized users, but other banks not sell that information? USAA has a reputation for treating their members "fairly" so why would a bank like that sell information but the other banks not?

If anyone has any ideas/speculation/similar experiences, I'd like to hear about it.


**Please Note: I don't think the situation I described has anything to do with New Co vs. Old Co. I have a non-USAA card with new co and I haven't gotten any junk mail for clients I put on that tradeline which suggests the issue may be related to USAA**
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 26, 2017, 05:41:21 PM
I think you've figured it out and if you asked USAA, they'd probably tell you that these companies that they sell your information to provide services that you potentially might want to take advantage of.  You can probably "opt out" of their marketing to reduce junk mail.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Davin on December 27, 2017, 09:31:23 AM
I am posting to follow this thread. It looks like I missed the boom, but it still should be worth the minimal effort to try.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on December 27, 2017, 08:24:44 PM
I had my first sale in July and have made $1100.00 so far, however not with the company mentioned in this thread.  A member here recommended me a different company and things have gone well.  I did sign up with the company mentioned here but only have had two AUs and have not been paid for either.  Both were at the beginning of October so I am starting to get nervous, the other company seems to pay faster.

I have since taken out some other cards to season and hope to do better in the future. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on December 28, 2017, 08:46:48 AM
I have had multiple adds since October with the new company but last night I realized i have not been paid for anything since October. I have been paid for adds in months prior. I reached out and was informed the accounting person is on vacation. Seems reasonable but I plan to stay on these guys until it gets right. This company is very sloppy in a lot of ways it seems
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on December 28, 2017, 09:53:01 AM
I did a late October add and haven't been paid yet. Then I looked at a recent email where it says I should be expected to be paid in early January according to their schedule. So I guess be patient. I've found them to be on schedule for all my other adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on December 28, 2017, 02:04:02 PM
Email them and they take care of you quickly
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: abamford on December 29, 2017, 10:11:15 AM
I will pile on and also let everyone know that this company has not paid on time for any of the four adds I have made.  I have had to HOUND these people for my money each time.  I was paid VERY late for the first two adds and I am still waiting to be paid for my last two adds, which posted on 11/9.  I received an email from Cliff on 12/12 stating I would be paid in late December yet here we are on the last business day of the month and no deposits have been made.  Once I receive the funds I am owed for the last two adds, I am done doing business with this company and I will be seeking a new tradeline company to work with.  Also, this may be a coincidence because I cannot verify, but once I started calling and emailing looking for the money I was owed, the company stopped sending adds my way.  For anyone looking to become a supplier for a tradeline company, I would not recommend this one based on my experience so far. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on December 29, 2017, 10:19:18 PM
Bittersweet to know I am not the only one. i have talked to these guys extensively about many things during my 4 months of doing business with them. I think they mean well but something in their process must be very manual or HIGHLY disorganized.  They said the guy was on vacation. I will be all over them next week.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on December 30, 2017, 12:29:38 AM
I was also consistently not paid on time, and our email probing to find out why coincided with not getting any more adds ever again.  Maybe a coincidence?  Maybe not.

I mean, I kind of understand.  They have lots of cards to pick from, and they don't want to deal with squeaky wheels.  They want everyone to make money, and everyone to be happy, and all of their cardholders to happily recommend them to other cardholders (like on the forum).  If you piss off the management, why would they go out of their way to help you, or sell your lines for you?  They have lots of other people they can use, people who don't complain about a missed payment here and there.  We are an expendable resource to them, and they lose nothing by burning your bridge.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on December 30, 2017, 05:21:36 AM
Have we concluded that this income does not qualify for the 20% pass-through deduction?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on December 30, 2017, 11:15:41 AM
Have we concluded that this income does not qualify for the 20% pass-through deduction?

I don't think anyone knows the final rules yet, expect clarifications in the next month(s). From How To Hack the New Tax Plan (https://forum.mrmoneymustache.com/welcome-to-the-forum/how-to-hack-the-new-tax-plan/msg1818456/#msg1818456):
Is there a concise example of who and what kind of businesses will be eligible for the new pass through tax deduction?

I'm betting thats going to require the IRS to fully write their guidelines and publish which probably won't be until end of January....   Does anybody know how long they took in the Bush tax cuts to redefine their rulebook?

Almost like passing a new tax plan in the week before it comes to effect is a little rushed :)

Short answer, maybe, if you file schedule C, probably not if you file as miscellaneous income? Who knows. And it will only be any sales you make (or get paid for) in 2018
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on December 30, 2017, 01:08:20 PM
Have we concluded that this income does not qualify for the 20% pass-through deduction?

Good information here: https://forum.mrmoneymustache.com/taxes/pass-through-business-deduction/

I'm thinking yes? Assuming your not just filing as miscellaneous income, and you aren't over $300k/$500k in total taxable income
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SomedayStache on December 30, 2017, 02:19:58 PM
Three $75 sales in consecutive months at the start of the year. Nothing since.

Ditto - and I'm still with the 'old' company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hunt2eat on January 04, 2018, 10:44:29 AM
Any updates on payments?  like others above I haven't been paid for my Oct or Nov adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2018, 10:49:06 AM
Any updates on payments?  like others above I haven't been paid for my Oct or Nov adds.

Oct adds should have been paid weeks ago, I'd email them about that for sure.

Nov payments I'd expect any time now if you haven't received them.

I spoke with the owner again about this, he's working on being more timely. The good thing is that no one has ever not been paid for an AU, but yes, some have been delayed (past a reasonable amount even, in my opinion).

I confirmed with the owner that no one has had any cards being used any differently for asking for any customer support or questioning anything. Cards are listed and clients choose from them from a list.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HikerT on January 04, 2018, 08:08:56 PM
I have no idea if CreditPro is still one of the companies MMM deals with.  I was piggybacking with CreditPro long before it came in vogue at MMM - as such I am not a MMM referred client.  <specifics removed>  I am editing this comment by request and offering Cliff one more chance to pay in full.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2018, 08:18:56 PM
MOD NOTE:

I have just removed a post.

A comment was made by a brand new member with this being their only post about not being paid a large amount ($6000) for many months (since February 2017) by the tradeline company, and adding some disparaging, potentially libelous, info.

I am reaching out to both the member who wrote it, and the owner of the company, to verify the claims.

If it is true (e.g. the person can provide copies of emails for proof), I will restore the post in full.

I am leaving this note for transparency in the meantime.

Cheers!



Claims verified (via forwarded emails from the poster). Comment restored (just above this post). Very troubling. Have reached out to the owner for comment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 04, 2018, 11:57:17 PM
I reached out to the owner today because I haven't been paid yet for an Oct add. How good is he at responding? Although, based on the previous two comments, that may not be the right question.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on January 05, 2018, 12:15:53 AM
Yikes. Glad I ceased selling (or at least attempting to sell) my tradelines with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 05, 2018, 10:21:27 AM
I made over $2,500 with the originally recommended company last year. I have worked with them since before MMM recommended them and they have always paid me on time. I plan to stick with them throughout 2018.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on January 05, 2018, 11:52:57 AM
I've never had an issue getting paid, but I did send an email yesterday to Cliff asking about my October payment.  No reply yet. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on January 05, 2018, 12:01:06 PM
I also sent an email (as stated in my earlier post) and have received no reply. Maybe we should revive talks of just doing this ourselves
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 05, 2018, 12:19:54 PM
I also sent an email (as stated in my earlier post) and have received no reply. Maybe we should revive talks of just doing this ourselves

Need a ringmaster.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 07, 2018, 11:44:23 AM
I've been reading the MMM blog for years and shared the information with my three adult children who have also read some of the posts, but this is the first time I've actually ever needed to PM another member.

So, here I am! A "new" member who has probably read every blog post MMM wrote and hundreds of hours worth of forum discussions.

I've been researching various tradelines and there are only three that seem legit. The others have horrible reviews (one has an "F" on the BBB site). Two seem to be the ones recommended in the old TL thread and this new one. I know we can't mention names.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 07, 2018, 03:16:49 PM
I've been reading the MMM blog for years and shared the information with my three adult children who have also read some of the posts, but this is the first time I've actually ever needed to PM another member.

So, here I am! A "new" member who has probably read every blog post MMM wrote and hundreds of hours worth of forum discussions.

I've been researching various tradelines and there are only three that seem legit. The others have horrible reviews (one has an "F" on the BBB site). Two seem to be the ones recommended in the old TL thread and this new one. I know we can't mention names.

Feel free to PM me with the names and I can confirm / deny / give you the names of the old TL company and new TL company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on January 07, 2018, 06:40:39 PM
An update - I added an AU at the beginning and just received payment the beginning of January.  I'm happy to get payment but this seems like a very long time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 08, 2018, 05:30:04 AM
I don't understand the delays in payment, this guy has to be making money hand over fist.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on January 08, 2018, 07:26:22 AM
I don't understand the delays in payment, this guy has to be making money hand over fist.

I think it's an administrative problem, rather than lacking the funding.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 08, 2018, 06:54:30 PM
I don't understand the delays in payment, this guy has to be making money hand over fist.

I think it's an administrative problem, rather than lacking the funding.

But supposedly he was going to hire more staff for this very reason.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: fiveoh on January 08, 2018, 07:00:07 PM
An update - I added an AU at the beginning and just received payment the beginning of January.  I'm happy to get payment but this seems like a very long time.

The beginning of what month? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 09, 2018, 12:08:28 AM
No sales in coming up on a year. Very sad. Made 1 sale last April. I've several cards and credo score well over 700
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on January 09, 2018, 08:07:06 AM
I did end up being paid for october. now waiting on Nov and Dec
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spartans on January 09, 2018, 03:23:29 PM
Is no one concerned that these trade lines are likely being used at least in some part by folks to quickly build their credit score and then rack up a bunch of debt and bust-out?  The increase in bust outs is what's causing the recent Chase shut downs and freezes.

https://www.reddit.com/r/churning/comments/7jla34/card_shutdowns_and_bustout_score_risk_factors/

Quote
The KEY method used in creating synthetic identities for large-scale bust-out fraud is associating the synthetic identity with a real person with a long and established tradeline by adding the synthetic identity as an Authorized User. You should NEVER allow your identity to be linked to someone you do not know through a process such as selling access to a tradeline to a supposed credit repair firm. This has a very high likelihood of linking you a synthetic identity and could pose enormous risks in the future as these webs of fraud are ferreted out using analytical techniques to discover these links.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on January 09, 2018, 03:31:38 PM
Is no one concerned that these trade lines are likely being used at least in some part by folks to quickly build their credit score and then rack up a bunch of debt and bust-out?  The increase in bust outs is what's causing the recent Chase shut downs and freezes.

https://www.reddit.com/r/churning/comments/7jla34/card_shutdowns_and_bustout_score_risk_factors/

Quote
The KEY method used in creating synthetic identities for large-scale bust-out fraud is associating the synthetic identity with a real person with a long and established tradeline by adding the synthetic identity as an Authorized User. You should NEVER allow your identity to be linked to someone you do not know through a process such as selling access to a tradeline to a supposed credit repair firm. This has a very high likelihood of linking you a synthetic identity and could pose enormous risks in the future as these webs of fraud are ferreted out using analytical techniques to discover these links.

arebelspy addressed synthetic identities upthread.

I am curious what people think about this Reddit post that describes "Bust-out" scores, creation of "synthetic identities" and cautions against adding unknown authorized users to your accounts:
https://www.reddit.com/r/churning/comments/7jla34/card_shutdowns_and_bustout_score_risk_factors/

This part of the author's post is especially pertinent to the tradeline sales industry:

"I want to add one final caution. The KEY method used in creating synthetic identities for large-scale bust-out fraud is associating the synthetic identity with a real person with a long and established tradeline by adding the synthetic identity as an Authorized User. You should NEVER allow your identity to be linked to someone you do not know through a process such as selling access to a tradeline to a supposed credit repair firm. This has a very high likelihood of linking you a synthetic identity and could pose enormous risks in the future as these webs of fraud are ferreted out using analytical techniques to discover these links."

Oh yes, totally.

This is why it's important to use a good tradeline company. Who verifies their authorized users through actual, in-depth, comprehensive methods.

Fraud is a huge concern. And one most TL companies don't give a crap about, because they can make money allowing anyone to buy TLs.

There's a reason why I've researched 15+ tradeline companies (and narrowed from there to a handful to research in-depth, including talking to the owners of a half-dozen) and can only recommend two.

I think people using other tradeline companies who don't utilize the best (and yes, expensive--we're talking at least $20-$30 per AU, which cuts into profit margins, and why bad companies don't want to do it, along with the effort involved) methods for AU quality control are being foolish.

It's not worth linking to that type of activity for a few hundred bucks. Helping actual people improve their credit scores? Awesome! Possibly adding synthetic identities, or an identity that has been stolen, or someone being manipulated? Terrible, and so not worth it.

It's an industry fraught with risks. So who you use is crucial. I don't research these companies for my own amusement. :)

I'd rather have a few sales from a good company than trying to get more from a bad one, and getting shut down very quickly, and being tied to fraud and risking liability there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 09, 2018, 05:39:27 PM
Well, the company may not be able to do as stellar a job as expected in verifying the uses. My first add last year was declined by Citi because they could not verify the SSN/DOB information of the AU. And late in the year, Citi removed one AU which I had added a few days before and sent me a letter that the bank does not want any association with that AU. If a very through background check (as expected) was done by the company then these two issues wouldn't have occurred.

Also, today had an AU where the address information and DOB given on the website differed from the ID. After emailing the company was told to go with the ID information. If I hadn't reviewed it before calling the bank this one would have came up with a red flag, too. Still am not sure if it's going to pass muster with the bank if all the information is suspect.

I'm getting a bit anxious now about issue mentioned on Reddit since it seems even this company is not doing a thorough job of vetting applicants.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrankCastle on January 10, 2018, 07:16:42 PM
Posting to say hello, my first post here after some months of lurking. Not sure why it took me this long to join the conversation.

Read through chunks of this thread and I'm very intrigued by this "side gig". I currently have a single card (not my only however, and I'm not attached to it) that would qualify but it sounds like a good potential earner. Has the previously referenced auditing by Discover subsided, and the "resting" been removed?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on January 11, 2018, 04:22:31 AM
Yes, Discover is working again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: grantmeaname on January 12, 2018, 01:42:13 PM
This has been an interesting read. It sounds like the norm is now 1) very slow activity due to low demand and 2) only spotty performance with actual payment when a tradeline is sold.  Are these issues universal or is there a minority of squeaky wheels on an otherwise lucrative path?

Those both sound like idiosyncratic issues that could be explained just by the operations capability of one firm. Or is the experience the same for the old recommendation?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 12, 2018, 01:55:14 PM
This has been an interesting read. It sounds like the norm is now 1) very slow activity due to low demand and 2) only spotty performance with actual payment when a tradeline is sold.  Are these issues universal or is there a minority of squeaky wheels on an otherwise lucrative path?

Those both sound like idiosyncratic issues that could be explained just by the operations capability of one firm. Or is the experience the same for the old recommendation?

1 is the same at both reputable companies (overloaded with cards), 2 (slow payments) is only an issue with new company.

GRANT!

We've missed you, old friend.

+1!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 12, 2018, 04:19:48 PM
ARS, did you ever hear back from the owner of #2 about the claims/concerns as mentioned in your recent mod post?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 13, 2018, 01:01:07 AM
ARS, did you ever hear back from the owner of #2 about the claims/concerns as mentioned in your recent mod post?

Yep, that day. Before the poster edited their post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 13, 2018, 10:50:48 AM
ARS, did you ever hear back from the owner of #2 about the claims/concerns as mentioned in your recent mod post?

Yep, that day. Before the poster edited their post.

I'd guess you or the new company owner are planning on updating us when something reportable happens.  As the posts stand now it is somewhat of a cliffhanger for those of us interested in what's happening.  Thanks in advance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 13, 2018, 10:57:48 AM
I'd guess you or the new company owner are planning on updating us when something reportable happens.  As the posts stand now it is somewhat of a cliffhanger for those of us interested in what's happening.  Thanks in advance.

Not intentional, just no news to report.

The post was accurate, there seems to be some extenuating circumstances, but the owner is working on getting the poster paid, and everyone else as well.

This, from about a week ago, is still the current status:
I spoke with the owner again about this, he's working on being more timely. The good thing is that no one has ever not been paid for an AU, but yes, some have been delayed (past a reasonable amount even, in my opinion).

I hope that will not change.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 13, 2018, 11:11:58 AM
Thanks.  For me it is extra money that I am glad to have but don't need to pay my electric bill, so I just keep track in my spreadsheet and get paid whenever.  But I know, as I know you and new company owner know, it bothers some people here, which I get.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: grantmeaname on January 13, 2018, 11:31:28 AM
Not intentional, just no news to report.

Apologies if I missed it in the middle 80% of the thread, but is there an update on the glut of cards/paucity of AUs? I saw in the intro posts that you were optimistic AU volume would always exceed the available cards due to the affiliate network but it seems not to have borne out. Is this a temporary thing due to extenuating circumstances as well, or the new normal?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 13, 2018, 11:57:21 AM
It's the new normal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 13, 2018, 11:58:27 AM
Quote
You need to have utilization under 10%, but you can basically pay off all of the amount due except for like $3so then the statement closes with a $3 balance and reports., then pay that off (before it earns any interest).

Is the 10% rule have some post date requirement?  I have a very mature card (7+yrs) with a 25K limit but have been using it for a decent portion of my life.  I would imagine there are plenty of months where I exceeded the 10%, especially back before it was higher limit.

Thanks! Kinda coming in late here as well, but very intrigued in Tradelines.

Just on the months you have an AU on it. The past doesn't matter (except for all on time payments). There's no history of utilization stored on a credit report.

I just wrote to the new company a few days ago  to begin the process and their reply said to not utilize more than 15% of the credit limit.  I'm still going to do less than 10% to be safe, but wanted to share this in case someone needs to be a bit above 10%.

This was funny to me: The email said to be sure to put some charges on the cards "small (like $50-$500)". I know in this group $50 to $500 isn't considered small.  Suggestions earlier in the thread were $2.

To be safe, I'm going to do $10 and <10%.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 13, 2018, 03:42:28 PM
I think under 15% has always been the recommendation.

I do $2.50 charges and that has been working for me.

I also separate my daily spender card(s) from my piggybacking cards.  It's just easier for me that way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Noleafclover on January 13, 2018, 08:07:02 PM
Hello all. I have been a FI blog reader for some time, but recently moreso and stumbled upon Keith the Wealthy Accountant's post and from there, here, where I have done some research. The only forum I have really been active on is r/personalfinace (and some r/financialindependence) as u/ClosertothesunNA (old gaming tag).

I am interested in doing this as a side gig, but a lot of the goings on here (problems with companies and warnings about authorization) leads me to prefer to list my own tradelines for sale, if possible. But there seem to be a few barriers there, and I wonder if I could discuss this with anyone, or post here. I have some specific questions about verifying users and how/whether I should protect my own identity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 13, 2018, 08:32:12 PM
Hello all. I have been a FI blog reader for some time, but recently moreso and stumbled upon Keith the Wealthy Accountant's post and from there, here, where I have done some research. The only forum I have really been active on is r/personalfinace (and some r/financialindependence) as u/ClosertothesunNA (old gaming tag).

I am interested in doing this as a side gig, but a lot of the goings on here (problems with companies and warnings about authorization) leads me to prefer to list my own tradelines for sale, if possible. But there seem to be a few barriers there, and I wonder if I could discuss this with anyone, or post here. I have some specific questions about verifying users and how/whether I should protect my own identity.

I believe most have concluded that path to be too risky.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 14, 2018, 12:56:32 AM
It's quite a bit of effort, as well.

Some users are doing it, but most seem to be happy taking the easy money, even if it's less than you could get hustling for your own sales.

The main benefit of this "side gig" is the lack of time it takes. The amount/hour it pays is silly... once you start putting in serious time to making it happen, well, yeah, you make more dollars, but your dollar per hour goes way down.

It may still be more than you make elsewhere though, and worth it to you, but many of us are just collecting the extra easy money, and happy with that level of it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 14, 2018, 10:23:09 AM
I haven't had any orders from the new company since November last year. Had a few orders last year prior to that. Is it just me? Are you guys still getting orders?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 14, 2018, 10:30:51 AM
It's quite a bit of effort, as well.

Some users are doing it, but most seem to be happy taking the easy money, even if it's less than you could get hustling for your own sales.

The main benefit of this "side gig" is the lack of time it takes. The amount/hour it pays is silly... once you start putting in serious time to making it happen, well, yeah, you make more dollars, but your dollar per hour goes way down.

It may still be more than you make elsewhere though, and worth it to you, but many of us are just collecting the extra easy money, and happy with that level of it.

Coming up on a year since my last sale and all they can tell me is my cards are awesome and yet no sales...for a year
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 14, 2018, 10:48:36 AM
I haven't had any orders from the new company since November last year. Had a few orders last year prior to that. Is it just me? Are you guys still getting orders?

No orders for me in nearly a year. I've pretty much given up on it. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on January 14, 2018, 02:35:24 PM
I haven't had any orders from the new company since November last year. Had a few orders last year prior to that. Is it just me? Are you guys still getting orders?

No orders for me in nearly a year. I've pretty much given up on it.

Same here but I might be on a blacklist cause I didn't want to upload my banking data to an insecure website.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 14, 2018, 03:08:41 PM
I haven't had any orders from the new company since November last year. Had a few orders last year prior to that. Is it just me? Are you guys still getting orders?

No orders for me in nearly a year. I've pretty much given up on it.

Same here but I might be on a blacklist cause I didn't want to upload my banking data to an insecure website.

Maybe the orders are only being doled out to a select few and we're not in that clique
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 14, 2018, 03:12:16 PM
3 orders in ~13 months with this company.  Just got the third order last month.  It had been quiet for about 6 months before that.

I have had much better luck with the "old" recommendation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 15, 2018, 04:15:47 PM
I used the technique mentioned here of shifting credit limits between cards successfully with my two Chase cards. Worked like a charm!

Then I tried to do it with my two Citi cards and the rep told me each card has a CL based on conditions at the time I got the card so I can't reallocate between cards.

One is a Citibank AAdvantage with 53,300k CL and the other is Citi Double Cash with 15k limit. I wanted to move 18k so that one would have 35.3k and the other would have 33k.

(The Double Cash had a CL increase less than 6 months ago, so I couldn't increase it that way.)

She asked if there was anything else she could help me with so I went ahead and asked for a CL increase to 65k on my AAdvantage card.  I had been hesitant to increase that one because it already is so ridiculously high, but since she asked and I'd been turned down for a reallocation, I thought why not?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 15, 2018, 04:31:53 PM
So are you getting a lot of tradeline sales on that 53K credit line Citi AAdvantage card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 15, 2018, 07:43:47 PM
I used the technique mentioned here of shifting credit limits between cards successfully with my two Chase cards. Worked like a charm!

Then I tried to do it with my two Citi cards and the rep told me each card has a CL based on conditions at the time I got the card so I can't reallocate between cards.

One is a Citibank AAdvantage with 53,300k CL and the other is Citi Double Cash with 15k limit. I wanted to move 18k so that one would have 35.3k and the other would have 33k.

(The Double Cash had a CL increase less than 6 months ago, so I couldn't increase it that way.)

She asked if there was anything else she could help me with so I went ahead and asked for a CL increase to 65k on my AAdvantage card.  I had been hesitant to increase that one because it already is so ridiculously high, but since she asked and I'd been turned down for a reallocation, I thought why not?

BTW, her answer was bullshit. She may not know how to do it, but it certainly can be done. I've done CL reallocation twice with Citi.  The first time was when closing my Citi Hilton card, I transferred most of the credit line to another card. The other time was just because I wanted to (I did have to be bold/confident, because they initially told me it couldn't be done - my answer was that I had already done it on another card)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 16, 2018, 09:33:46 AM
So are you getting a lot of tradeline sales on that 53K credit line Citi AAdvantage card?

I haven't signed up yet. I'm still on the first step of getting my credit lines increased.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 16, 2018, 09:36:17 AM
....I did have to be bold/confident, because they initially told me it couldn't be done - my answer was that I had already done it on another card)

Thank you! This is very helpful. I'm going to try again. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on January 16, 2018, 03:04:00 PM
The deadline for 1099-MISC reporting is Jan 31, I believe?  I hope they get them out in a timely fashion, as I like to get my taxes done early. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 17, 2018, 04:49:46 AM
Anyone else getting credit card offers for an AU? I just got a capital one offer addressed to the AU I added at my address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 17, 2018, 05:15:08 AM
Anyone else getting credit card offers for an AU? I just got a capital one offer addressed to the AU I added at my address.

Yes, but definitely a very rare occurrence. I just shred it and don't give it a second thought.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 17, 2018, 07:54:38 AM
Anyone else getting credit card offers for an AU? I just got a capital one offer addressed to the AU I added at my address.

Yes, but definitely a very rare occurrence. I just shred it and don't give it a second thought.

I will shred it, but I've only had one AU add (to Citi).  Some how from that capital one is sending him offers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 17, 2018, 12:15:56 PM
Capital One is a pest. Have got one for a Citi AU add from a few months back. I just wrote "not at this address" and returned it. Now, after a couple of weeks, Cap One sends another for the same AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 17, 2018, 12:23:49 PM
Fuck capital one.  They turned both me and my wife down for CC last time we did a round of sign ups.  Meaning we have 0 capital one cards between us.  And they have the balls to mail me, her, and this random AU offers on a damn near weekly basis. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on January 18, 2018, 12:36:21 PM
Anyone else not been paid for November adds yet? Wondering if I should send another follow-up email.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on January 18, 2018, 12:52:36 PM
I have not been paid for my November add yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 18, 2018, 01:21:50 PM
Selling tradelines on your own is very risky.  You would likely need legal advice prior to doing so. In 2010, the FTC filed a case against a Florida credit repair company and two of its employees for deceptive practices in the marketing and sale of credit repair services, including tradeline sales. Here is the document:
https://www.ftc.gov/sites/default/files/documents/cases/2010/03/100318rcamotion.pdf

As a best practice, you might want to stick with one of the well-researched, recommended companies.


Hello all. I have been a FI blog reader for some time, but recently moreso and stumbled upon Keith the Wealthy Accountant's post and from there, here, where I have done some research. The only forum I have really been active on is r/personalfinace (and some r/financialindependence) as u/ClosertothesunNA (old gaming tag).

I am interested in doing this as a side gig, but a lot of the goings on here (problems with companies and warnings about authorization) leads me to prefer to list my own tradelines for sale, if possible. But there seem to be a few barriers there, and I wonder if I could discuss this with anyone, or post here. I have some specific questions about verifying users and how/whether I should protect my own identity.

I believe most have concluded that path to be too risky.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on January 18, 2018, 08:21:27 PM
I haven't been paid yet for an October 20 add (posted 11/7). I wrote to them but have had no reply. Usually I get a pretty quick reply.

I also haven't yet removed that AU, today is 71 days from posting, and more than 75 days since 10/20 when I added them. On Monday I plan to use the card for a major purchase, whether or not the AU is still on there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 19, 2018, 01:05:23 AM
The deadline for 1099-MISC reporting is Jan 31, I believe?  I hope they get them out in a timely fashion, as I like to get my taxes done early.

Spoke to the owner, these should be going out very soon (he said this week).

Anyone else not been paid for November adds yet? Wondering if I should send another follow-up email.

Spoke to the owner, he's processed some of the November payments, but most have not been made, and are now about 3 weeks late. He's working on catching up.

I'll be curious to see over the next few months if it falls further behind, and it's time to abandon ship, or if it gets caught up.

It's been like this for about 4-5 months, and everyone has been paid for all adds so far (albeit late), but it's not a great sign.

I haven't been paid yet for an October 20 add (posted 11/7).

That's a Nov add (when it posts is the relevant part--that's when they get "added" to the CC and it shows up). See above. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: fiveoh on January 19, 2018, 08:16:03 PM
I'm still waiting on my October add that posted 10/26 .  Kinda irritating that they are processing nov adds already and havent gotten to mine. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on January 19, 2018, 09:00:17 PM
I'm still waiting on my October add that posted 10/26 .  Kinda irritating that they are processing nov adds already and havent gotten to mine.
You're not the only one - I haven't been paid for October either. Was told that payment was sent out, but I haven't seen it yet - which means Monday at the earliest.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 20, 2018, 09:26:32 PM
I finally got an add on one of my Chase cards.

I ha e 100,000 points on that sapphire card

Should I convert those to $?

Will that chase card getting shut down affect my chase Reserve card?  I have several hundred thousand points on that one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 20, 2018, 10:10:00 PM
I finally got an add on one of my Chase cards.

I ha e 100,000 points on that sapphire card

Should I convert those to $?

Will that chase card getting shut down affect my chase Reserve card?  I have several hundred thousand points on that one.

You asked your question on a different thread and got answers there:

https://forum.mrmoneymustache.com/welcome-to-the-forum/best-use-of-chase-sapphire-rewards-points-to-maximize-value-86533
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 23, 2018, 09:31:23 AM
I have serious payment problems with this company.  i've worked with a couple others and never do i have to email them to get paid.  And that is for the adds that i know about - for my referral adds i have no idea if i'm being compensated for those.  really makes you wonder.

Typically i email and get paid immediately now i've sent a couple emails and havent heard back on the ~1k i'm currently owed - 600 of which i was told would be paid in dec.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 23, 2018, 07:44:06 PM
I wish again there were a mustachian tradeline company, maybe based at that mrmoneymustache business space that was refurbished.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 23, 2018, 10:34:19 PM
How are y'all doing with other companies?  Which ones?

I finally got my second add in 14 months with the new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 25, 2018, 09:30:19 AM
Yesterday I was delivered a letter by FEDEX for one AU I had added some months back. Didn't realize that it was not for us when signed for it. Opened it and it was a notice from a car rental company stating that the AU has not returned a rental car which was due on 12/31/2017, yet. Gist was return the car immediately or the house would be raided by cops/DMV. Now one can imagine all sorts of crimes/gang affiliation etc, this individual might be associated with. And now, my address is associated with this person; worse I'm not renting so that the address is permanent as i don't intend to move for many years.

I'm pulling all my cards and not going to do this anymore. The risks/rewards ratio is just not feasible. I posted this just to share a datapoint.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 25, 2018, 10:22:03 AM
I have received a couple of phone calls from debt collection agencies for a couple of authorized users.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on January 25, 2018, 11:03:48 AM
AU has not returned a rental car which was due on 12/31/2017, yet. Gist was return the car immediately or the house would be raided by cops/DMV.

If you get your front door kicked down in a predawn raid, be sure to come back here to post pictures of the damage.  After you make bail, I mean.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: grantmeaname on January 25, 2018, 11:36:56 AM
I feel like you may not be taking the existential risk of rental cars sufficiently seriously, sol.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on January 25, 2018, 12:06:22 PM
Gist was return the car immediately or the house would be raided by cops/DMV.

If you get your front door kicked down in a predawn raid, be sure to come back here to post pictures of the damage.  After you make bail, I mean.

Highly doubt the police get involved in recovering rental cars. Otherwise, why would repo companies exist?

A guy who works at Enterprise told me people fail to return rental cars frequently. They basically stake out the last known address or place of employment, wait until someone leaves the car parked on the street or off private property, and then drive it away with a spare key.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 25, 2018, 12:10:17 PM
AU has not returned a rental car which was due on 12/31/2017, yet. Gist was return the car immediately or the house would be raided by cops/DMV.

If you get your front door kicked down in a predawn raid, be sure to come back here to post pictures of the damage.  After you make bail, I mean.

I can understand your frustration for not getting any adds over the years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 25, 2018, 12:11:52 PM
Gist was return the car immediately or the house would be raided by cops/DMV.

If you get your front door kicked down in a predawn raid, be sure to come back here to post pictures of the damage.  After you make bail, I mean.

Highly doubt the police get involved in recovering rental cars. Otherwise, why would repo companies exist?

A guy who works at Enterprise told me people fail to return rental cars frequently. They basically stake out the last known address or place of employment, wait until someone leaves the car parked on the street or off private property, and then drive it away with a spare key.

Yes, I know it's unlikely but everyone has their comfort level with things and I think mine is now breached. The stress is not worth the couple of thousand I made last year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 25, 2018, 12:16:22 PM
Yeah, that is a weird one.

Naturally any false arrest settlement would put you pretty much instantly FI, but it sure isn't worth it.

I have a mailbox service (www.travelingmailbox.com (http://www.travelingmailbox.com)) since I have no permanent address, and I think that's one big reason why I never get mail for former AUs (they are not authorized to receive mail for those people, just myself and my wife). I've never got a phone call either (I don't know how people's phones are attached to their address anyways, unless it's a landline), and this FedEx package similarly wouldn't happen.

I'd suggest anyone worried about something like this use a mail service for any credit card stuff related to AUs (and write off the expense, of course).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 25, 2018, 12:19:22 PM
Agreed!  I think it is $47/yr for my po box.  Planning to deduct it this tax time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 25, 2018, 12:37:47 PM
Yeah, that is a weird one.

Naturally any false arrest settlement would put you pretty much instantly FI, but it sure isn't worth it.

I have a mailbox service (www.travelingmailbox.com (http://www.travelingmailbox.com)) since I have no permanent address, and I think that's one big reason why I never get mail for former AUs (they are not authorized to receive mail for those people, just myself and my wife). I've never got a phone call either (I don't know how people's phones are attached to their address anyways, unless it's a landline), and this FedEx package similarly wouldn't happen.

I'd suggest anyone worried about something like this use a mail service for any credit card stuff related to AUs (and write off the expense, of course).

How does this work with Banking? I thought that banks need to have a physical address on file and can't accept a PO Box #.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 25, 2018, 12:43:03 PM
How does this work with Banking? I thought that banks need to have a physical address on file and can't accept a PO Box #.

I've never had an issue.

It isn't a "PO box" per se. Either way, it's the address on all my credit cards, bank accounts, etc. They've never had a problem with it. (It has been an issue for being a "physical address" for things that want proof of my residence vis-a-vis a utility bill, but that's another issue.)

It's probably whatever shows up on AU's reports, when something does, but like I said, it has acted as a filter for me getting AU mail.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 25, 2018, 12:43:48 PM
Yeah, that is a weird one.

Naturally any false arrest settlement would put you pretty much instantly FI, but it sure isn't worth it.

I have a mailbox service (www.travelingmailbox.com (http://www.travelingmailbox.com)) since I have no permanent address, and I think that's one big reason why I never get mail for former AUs (they are not authorized to receive mail for those people, just myself and my wife). I've never got a phone call either (I don't know how people's phones are attached to their address anyways, unless it's a landline), and this FedEx package similarly wouldn't happen.

I'd suggest anyone worried about something like this use a mail service for any credit card stuff related to AUs (and write off the expense, of course).


How does this work with Banking? I thought that banks need to have a physical address on file and can't accept a PO Box #.

Ok just browsed the website and they provide actual physical addresses to use as yours.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on January 25, 2018, 08:15:10 PM
I've never got a phone call either (I don't know how people's phones are attached to their address anyways, unless it's a landline)...

I only ever get calls for AUs I add to my capital one card. In order to add an AU online for capital one, you are required to enter a phone number. I was instructed by the company to put my number in the box. It would probably be smarter of me to ignore their instructions and put a fake number. I tell anyone who calls for an AU that I don't recognize the name and they have the wrong number, and that seems to clear it up after a few weeks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 27, 2018, 11:37:00 AM
Ok, some first hand endorsement of Joe's background checks on TL companies.

With very, very few AUs from the new company, I decided to take a shot at the company who made a thread here.  (if the thread is gone...oh well).  I put a BoA card on it which has been resting forever, and I could care less if it's closed.  Almost immediately, 2 AUs.  Wow....this is half of what I got for 2017 with the "new" company.  Seemed great.  I added the AUs no problem then got the cards in the mail.

Then the email.  One of the AUs used a stolen credit card to pay for the tradeline, remove the AU and watch my cc statements.  Wonderful.  So I closed my account with them.  On the plus side, they did pay the AU that was ok.....and they pay more than the new company. 

So I'll just stick with companies that have been checked out.  Not worth being all stressed out that something could be messed up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 27, 2018, 11:48:13 AM
Ok, some first hand endorsement of Joe's background checks on TL companies.

With very, very few AUs from the new company, I decided to take a shot at the company who made a thread here.  (if the thread is gone...oh well).  I put a BoA card on it which has been resting forever, and I could care less if it's closed.  Almost immediately, 2 AUs.  Wow....this is half of what I got for 2017 with the "new" company.  Seemed great.  I added the AUs no problem then got the cards in the mail.

Then the email.  One of the AUs used a stolen credit card to pay for the tradeline, remove the AU and watch my cc statements.  Wonderful.  So I closed my account with them.  On the plus side, they did pay the AU that was ok.....and they pay more than the new company. 

So I'll just stick with companies that have been checked out.  Not worth being all stressed out that something could be messed up.

Really unfortunate to hear that.

The guys running that company are good guys, but just way too focused on profit and speed and growth over doing things right. I've spent hours talking with them, but unfortunately haven't been successful, obviously, in convincing them to change.

There's no need to in their mind, I suppose, when there are people willing to refer cardholders to them for cash referral fees, and don't care if the cardholders get burned. I think in the long run, it's bad business, and will bite them, but they'll make money in the short run.

(And I'll disclose here, once again, that I do get referral fees from the companies I recommend, but that's not my reason for recommending them, and I'm happy to refer someone and they don't have to use my referral information. Further, there are multiple companies that do referral programs that I could make a lot more money on, but I won't recommend, due to their business practices. The Mustachian community is more important to me than a quick buck.)

Thanks for letting us know, Car Jack. More sharing and information is good.

It's pretty telling that it's been a year and a half of doing this, with Mustachians having hundreds and hundreds of sales, with very few actual issues, but when people try new companies, there are issues almost immediately.

At the end of the day--as I've said before--I'd rather get just a small handful of adds from a good company, and still make pretty easy side gig money (even if not as high as I'd like) than get lots of adds from a bad company and risk the myriad of things that come with that (especially being complicit in fraud).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nitsuj1225 on January 29, 2018, 02:03:05 PM
I would also like to throw my 2 cents out there that I am in the same boat as many with the new company that I haven't been paid for my 2 AU's that were added the end of the October.  I reached out to them via email and haven't heard back of an expected payment yet.  Disappointing to say the least.  With that said, I'm still getting orders with the old company which has picked up the last few months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 30, 2018, 01:11:08 AM
If you have issues with New Company, PM me so I can help get it resolved.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on January 30, 2018, 08:37:05 AM
Got my tax form from them yesterday.

Will PM you regarding late payment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 30, 2018, 10:19:02 AM
Also received my tax documents yesterday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 30, 2018, 10:20:30 AM
Was the tax form sent by email on listed somewhere on their portal?

thanks in advance
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 30, 2018, 10:23:45 AM
Got my 1099 in the mail yesterday. It must have been sent a few days back since it was rerouted by the PO to my new address; the company had my old address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on January 30, 2018, 10:29:30 AM
Was the tax form sent by email on listed somewhere on their portal?

Millenials are funny!

Snail mail, friend.  The tax forms were printed out on paper and then stuffed into an envelope that are hand-delivered to your home address.  It's like a bespoke document handling services for anti-digital hipsters who really appreciate the tactile immediacy of tearing open sealed envelopes like your great-grandparents used to do. 

It's new.  You probably haven't heard of it yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 30, 2018, 11:40:57 AM
Thanks sol.  I missed your wit.  :)

The other company emails it so I assumed....  Ya know, what happens when you do that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on January 30, 2018, 12:23:38 PM
Anyone ever got an email from the new place saying a AU failed to post? I know I added them on time. Seems odd and wonder what it means
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 30, 2018, 12:51:02 PM
The 1099 is mailed? I know Sol was being sarcastic, but I really wouldn't even have thought to look for it there.

Yet another reason to use a travelling mailbox (https://travelingmailbox.com/?ref=197) like service for selling Tradelines. You'll get an email notification when the 1099 shows up, and you can have mailbox company scan the 1099 so that it becomes electronic.

So the tradeline company (or whoever handles their payroll) is almost certainly generating the 1099 electronically, then they print and mail a physical copy, which I have a third party mailbox service receive, open, and scan, so that I can have an electronic copy again... there must be a way to cut out the middle man..

In other news, the old recommendation sends you the 1099 electronically...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 30, 2018, 12:51:59 PM
Thanks sol.  I missed your wit.  :)

The other company emails it so I assumed....  Ya know, what happens when you do that.

I received my 1099 by US Mail yesterday.

I poked around on the portal and couldn't find it there, so I think you'll have to use the paper copy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 30, 2018, 12:56:17 PM
Anyone ever got an email from the new place saying a AU failed to post? I know I added them on time. Seems odd and wonder what it means

No, but it means that your CL did not show up on the AU's credit report.

Why?  Well, there was a mistake somewhere.  Possible reasons off the top of my head:

1.  You misspelled their name, SSN, DOB, or address such that the credit bureaus did not match it up to the AU's credit report.  Credit bureaus can handle small differences, but large differences or one digit off on SSN or DOB are problematic.

2.  You added them to the wrong card, and that card doesn't report AUs (never heard of this, but it's possible) or the card is an AMEX which doesn't report AU opening dates correctly.

3.  You didn't have an outstanding balance on the card when it reported to the credit bureau, so they didn't report the AU.

4.  The credit card company screwed up somehow.

5.  The credit bureau company screwed up somehow

6.  The AU company screwed up somehow.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on January 30, 2018, 01:04:12 PM
I have had non posting for a Citibank card, sometimes they fail to post correctly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 30, 2018, 05:39:43 PM
I have a couple which did not post. The company loaded the latest Credit Report of the AU for me to view so that I can verify that it didn't post. One was strange, my address posted on the AU's credit report but the card credit line didn't post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on January 30, 2018, 06:03:45 PM
I have had non posting for a Citibank card, sometimes they fail to post correctly.

Citi doesn't request the AU's SSN when adding so I assume they would be more likely to post incorrectly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 30, 2018, 08:34:13 PM
I have had non posting for a Citibank card, sometimes they fail to post correctly.

Citi doesn't request the AU's SSN when adding so I assume they would be more likely to post incorrectly.

For Citi you're much better off calling in to add the A.U. so that the social security is added. Doing it online in which the social security is not required could be problematic and cause the AU new tradeline not to post to the credit report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: .22guy on January 30, 2018, 08:41:40 PM
I think I'll be bowing out of this.  I've made a few bucks, but I can't shake the feeling that both my Barclay cards are going to get shutdown if I don't quit.  Plus the new company kinda sucks to deal with.  I'll see if I can get my last two sales commissions out of them and then I'm out.

That stuff and the poster above talking about menacing communications from a rental car company from something an AU did....

Good luck all......
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 30, 2018, 09:33:10 PM
I have had non posting for a Citibank card, sometimes they fail to post correctly.

Citi doesn't request the AU's SSN when adding so I assume they would be more likely to post incorrectly.

For Citi you're much better off calling in to add the A.U. so that the social security is added. Doing it online in which the social security is not required could be problematic and cause the AU new tradeline not to post to the credit report.

I always call, repeat all the details and make sure they got them correctly. Still, at least two AUs didn't post properly and I didn't get paid. Dealing with Citi is a pain in the ass.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on January 31, 2018, 06:23:22 AM
I think I'll be bowing out of this.  I've made a few bucks, but I can't shake the feeling that both my Barclay cards are going to get shutdown if I don't quit.  Plus the new company kinda sucks to deal with.  I'll see if I can get my last two sales commissions out of them and then I'm out.

That stuff and the poster above talking about menacing communications from a rental car company from something an AU did....

Good luck all......

yes that is my biggest gripe too.  the clearly dont have a shortage of cards to put users on or their customer care for us would be much higher its quite dissappointing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 31, 2018, 06:49:40 AM
Dealing with Citi is a pain in the ass.

This is the conclusion I reached. We no longer have any Citi cards listed for sale, mainly for unrelated reasons, but not having to deal with them is a major plus.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on January 31, 2018, 02:35:36 PM
It's tax time.  Is everyone planning to file a schedule C (business profit and loss) and a schedule SE (self employment taxes) for all of their tradeline sales?

Is there any way to avoid doing so?  Seems like a giant pain for everyone, for such a tiny amount of money.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PizzaSteve on January 31, 2018, 03:22:10 PM
I hope everyone is doing well.  A quick question, as I scanned the thread but didnt see all 42 pages and see whether the issues below have been discussed.  I know it is a legal practice but one web site i visited on the topic posted the following quote.  Are there thread pages where this is discussed?

 The problem with tradeline renting from strangers is that if you partake in the practice you could arguably be guilty of committing bank fraud because you are knowingly misrepresenting your credit history. Additionally, you could also potentially be guilty of mail fraud if you used the U.S. postal service to facilitate the tradeline renting or wire fraud if you used the telephone or email.

I think this is saying that the `renters' may be at risk.  Are the loaners free to do as they wish? I am assuming yes, because you are only adding the authorized user (perfectly fine) and the credit scoring system is the one 'interpreting that as good credit', which is not the loaners doing....correct?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: grantmeaname on January 31, 2018, 03:35:28 PM
Isn't this unethical?

I guess that depends on you.  When you add an authorized user, it usually asks what your relationship to the person is, and you choose: Spouse, or Other (some CCs have "Spouse, Child, Other" and similar options..., but there's always an "Other" choice from what I've seen).  I, obviously, choose other. 

Adding them, or removing them, doesn't require lying, or doing anything illegal.  You add someone online, and then call to remove them.  I actually did this the other day, I called and said "I have two authorized users on my account I'd like to remove."  The customer service lady said no problem, had me verify their names, she confirmed they were removed, I said thanks, have a good day, that was it.

It does potentially violate the credit card company's terms of service, which means they (as a recourse for that violation) can shut down your card. Okay.  I obviously don't have a problem with it.

Our credit card system in the U.S. is unique. The credit card companies make billions each year on people paying interest.  I'm not too worried about them.

One more perspective--as Meadow Lark said in her journal when someone asked about the ethical implications:
"I don't see it as fraud.  It's not illegal. I'm not saying the AU is my kid or my husband - there is no lying.  There are a lot of different ethical frameworks people have.  Within my framework, this is ethical.  It's fine if we disagree.  I believe there is nothing wrong with helping other people improve their credit.  I believe there is nothing wrong with profiting from a loop hole in a financial system that was designed to foster increased income inequality.  I could go on and on, but I don't want to bore you."

If you feel it's unethical, that's fine.  It's definitely not worth doing anything you feel is unethical simply for money.  Steer clear, in that case. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 31, 2018, 04:15:15 PM
It's tax time.  Is everyone planning to file a schedule C (business profit and loss) and a schedule SE (self employment taxes) for all of their tradeline sales?

Is there any way to avoid doing so?  Seems like a giant pain for everyone, for such a tiny amount of money.

Possibly.  If you read the last sentence of the instructions for box 7 on Form 1099-MISC, it says you can, under certain criteria, report the income as other income on line 21 of Form 1040.

It is up to you to determine if your facts and circumstances meet those criteria.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 31, 2018, 08:04:15 PM
It's tax time.  Is everyone planning to file a schedule C (business profit and loss) and a schedule SE (self employment taxes) for all of their tradeline sales?

Is there any way to avoid doing so?  Seems like a giant pain for everyone, for such a tiny amount of money.

Possibly.  If you read the last sentence of the instructions for box 7 on Form 1099-MISC, it says you can, under certain criteria, report the income as other income on line 21 of Form 1040.

It is up to you to determine if your facts and circumstances meet those criteria.

I'm not sure what the exact dollar number is but I think if you make less than $400 you don't have to file a schedule c.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 31, 2018, 10:00:44 PM
It's tax time.  Is everyone planning to file a schedule C (business profit and loss) and a schedule SE (self employment taxes) for all of their tradeline sales?

Is there any way to avoid doing so?  Seems like a giant pain for everyone, for such a tiny amount of money.

Earn $599 or less and hope they don't send a 1099?

https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-other-information-return
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on January 31, 2018, 10:01:40 PM
Did anyone who received less than $600 in sales receive a 1099?

I received $225 and haven't yet received a 1099, but I moved during the year and did not update my address on file with the company as I quit selling tradelines in October after 6 months of no sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 01, 2018, 12:25:33 AM
I can confirm anyone who received under $600 in income was not issued a 1099.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: grantmeaname on February 01, 2018, 12:56:08 AM
It's tax time.  Is everyone planning to file a schedule C (business profit and loss) and a schedule SE (self employment taxes) for all of their tradeline sales?

Is there any way to avoid doing so?  Seems like a giant pain for everyone, for such a tiny amount of money.

Earn $599 or less and hope they don't send a 1099?

https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-other-information-return

That’s called “tax evasion” and it’s a crime.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 01, 2018, 01:25:19 AM
Right, you still need to declare the income, I was just stating that you will not receive a 1099 if the income was under $600. It's up to you to report the amount of income (easy if it was all post mid-March when the portal was activated, otherwise you'll need to look at your bank statements).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on February 01, 2018, 06:56:52 AM
It's tax time.  Is everyone planning to file a schedule C (business profit and loss) and a schedule SE (self employment taxes) for all of their tradeline sales?

Is there any way to avoid doing so?  Seems like a giant pain for everyone, for such a tiny amount of money.

I put it under Line 21 last year and put the description as "[Old Company] Consulting". I figured Line 21 made sense as "temporary", and for such a small amount ($400) it seemed reasonable.

I didn't get any sales with the New Company, but I did have a sale paid in January with the Old Company and got an emailed 1099 for $125. I'm planning to do Line 21 again this year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on February 01, 2018, 07:16:46 AM
If I had a sale in Oct but didn't get paid until Jan, is that 2017 or 2018 income?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 01, 2018, 08:06:16 AM
Right, you still need to declare the income, I was just stating that you will not receive a 1099 if the income was under $600. It's up to you to report the amount of income (easy if it was all post mid-March when the portal was activated, otherwise you'll need to look at your bank statements).

Legally and ethically you are required to report the income. But just for clarification, no 1099 means it was not reported to the IRS and the only way the IRS would know is if you self reported the income?  Or has it been reported to the IRS?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 01, 2018, 08:08:09 AM
No 1099 = nothing reported, AFAIK.

As you said though, this remains the case:
Legally and ethically you are required to report the income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: brooklynguy on February 01, 2018, 08:40:58 AM
It's tax time.  Is everyone planning to file a schedule C (business profit and loss) and a schedule SE (self employment taxes) for all of their tradeline sales?

Is there any way to avoid doing so?  Seems like a giant pain for everyone, for such a tiny amount of money.

Possibly.  If you read the last sentence of the instructions for box 7 on Form 1099-MISC, it says you can, under certain criteria, report the income as other income on line 21 of Form 1040.

It is up to you to determine if your facts and circumstances meet those criteria.

This post (https://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices/msg1413103/#msg1413103) in the "Small Business and Misc. Income Best Practices" (https://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices/) thread identifies helpful guidance for making that determination.

* * * * *

Separately, I want to note that I just received an add from the new company (my first in many months) and the instructions in the portal said not to put my own phone number in that field in the authorized user request but to instead "just make one up" (this was for a Capital One card).  I found it disconcerting that the company was instructing me to lie (I believe this is the first time they have done so, in my case).  I disregarded this instruction and put my own phone number (which probably increases the chances that my credit card account will be shut down; presumably mitigating that risk is the reason for the company's instruction), but I would rather run that risk than make a misrepresentation in my authorized user application.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 01, 2018, 09:07:25 AM
If I had a sale in Oct but didn't get paid until Jan, is that 2017 or 2018 income?

2018 income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on February 01, 2018, 04:28:15 PM
Instructions for schedule SE indicate that you don't have to pay self employment tax if you made less than $400 (net). With less than $400 and no 1099, I'd be inclined to say it is safe to report as "Other Income" on 1040 line 21. If your recieved a 1099 and want to report net income less than that you'll probably want to file schedule C to show your expenses (still no need for schedule SE if under $400 net income).

If you net $400 or more in a tax year from all your side hussle activities combined, you'll probably want to take a deeper look at the tax laws. You could reasonably argue that a signficant part of TL income is business profits not earned income and there are many ways to structure a business.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 02, 2018, 05:46:01 AM
As a data point, I received a 1099 from Citi for $400 from the checking account bonus I received. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on February 02, 2018, 06:57:21 AM
As a data point, I received a 1099 from Citi for $400 from the checking account bonus I received.

The threshold for issuing a 1099-INT is lower than 1099-MISC
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on February 02, 2018, 06:45:19 PM
Following
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 02, 2018, 08:13:50 PM
How do you guys add tradelines for barclaycard? I did it online a couple of times (there is no field to enter SSN) and the tradelines posted. Is it ok to add them online instead of calling barclays even though you don't add SSN?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 02, 2018, 09:20:09 PM
How do you guys add tradelines for barclaycard? I did it online a couple of times (there is no field to enter SSN) and the tradelines posted. Is it ok to add them online instead of calling barclays even though you don't add SSN?

I always do it online for Barclays.  No issues after dozens of adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 03, 2018, 01:59:20 PM
It's tax time.  Is everyone planning to file a schedule C (business profit and loss) and a schedule SE (self employment taxes) for all of their tradeline sales?

Is there any way to avoid doing so?  Seems like a giant pain for everyone, for such a tiny amount of money.

Earn $599 or less and hope they don't send a 1099?

https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-other-information-return

That’s called “tax evasion” and it’s a crime.

Sure, just like everyone evades tax when they fail to go through all their online purchases for the year and check which ones might be subject to "use tax" thanks to a lack of sales tax being collected by the merchant.

If there's no 1099, you're on the honor system and when you are on the honor system, it obviously becomes drastically easier to bypass Schedules C and SE.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: grantmeaname on February 03, 2018, 02:34:13 PM
It’s still tax evasion even if other people speed on the highway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: grantmeaname on February 03, 2018, 02:49:21 PM
Or to address your central point more directly: yes, that is also tax evasion.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 03, 2018, 04:16:18 PM
Or to address your central point more directly: yes, that is also tax evasion.

....did I say it wasn't? I in fact said it was. Point being, everybody evades taxes. Except those who don't.

The choice to speed on a highway or not you mentioned is indeed a great example of another illegal activity that many, but not all, partake in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on February 03, 2018, 11:26:38 PM
I made $500 from 3 AUs added in 2017.  I am waiting for a 1099 form. I could have had two more adds in 2017.

I screwed up one opportunity with PNC when I could not remember my special telephone code when talking with them- that got me handed off to some other CSR who asked me a bunch of questions and then told me I would have to take the AU in person to a PNC bank to add them. 

Later for another opportunity to add an AU, I had not noticed that my PNC card had expired and I had not received a new one.  PCN told me that I could not add an AU until I had received a new card.  They claim they had sent me a new card before but it had come back in the mail as undeliverable.  So I had to pass up adding AU and got them to send me a new card

I just recently added an AU to PNC, not without some difficulties.  I did it online on a Saturday, and it would not show I have an AU listed online.  There was only a message in the PNC online message area, that my request to add AU had been submitted and a card would be sent in 7-10 days.  I called PNC a few days later and they confirmed the add, but it still did not show online.  Then I got the AU card in the mail after a couple of days. Then got two letters from PNC, one saying AU was added, welcome, blah blah and another letter saying AU was removed at my request (which I did not request).  So I called PNC again to confirm that AU was added and asked about the conflicting letters.  They said the AU removal letter was sent by mistake.  Not sure if I got the AU added by the deadline, but it was real close.  Will have to wait and see if it posted for the AU.

I am feeling that the PNC card is jinxed.  But it has a $25K limit, so it is  high paying card for me.  Just added a new Barclays card that finally was 2 years old. 

I am happy with the extra money and thanks to Arebelspy for provding me with opportunity and knowledge to partake in this activity.  I will still have to figure out the tax reporting.  I think I reached the SS income cap last year with my regular salary, so I may not need to pay self-employment tax.  Will probably just report income as misc income. 

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 03, 2018, 11:28:36 PM
I made $500 from 3 AUs added in 2017.  I am waiting for a 1099 form. I could have had two more adds in 2017.

If you made less than $600, you will not get a 1099. You will have to self-report it on your taxes.

Bummer about the two weird PNC issues--hopefully that's all fixed now. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 04, 2018, 12:02:33 PM
I got a PNC card a year ago hoping that after it aged it would be a good card for adding AU's. Thanks for posting the challenges you faced with that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tical00111 on February 05, 2018, 07:44:34 AM
I found this thread from a link on another personal finance blog a few days ago. Lots of info on here. It sounds like a nice side gig! I've worked hard to keep a clean credit profile and stay organized with the credit card usage. Looking forward to doing all the research and getting started.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on February 05, 2018, 11:18:43 AM
all those who are filling out schedule C's should be opening SEP IRA's to defer 20% of the taxes. 

and in 2018 we'll all be able to get a 20% tax break on top of that due to the new tax cuts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on February 05, 2018, 07:07:12 PM
all those who are filling out schedule C's should be opening SEP IRA's to defer 20% of the taxes. 

and in 2018 we'll all be able to get a 20% tax break on top of that due to the new tax cuts.

Agreed! I recommend a SEP with Schwab, was easy to open and has no minimums or fees. I just sent off my 2017 contribution on Saturday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 05, 2018, 07:33:10 PM
all those who are filling out schedule C's should be opening SEP IRA's to defer 20% of the taxes. 

and in 2018 we'll all be able to get a 20% tax break on top of that due to the new tax cuts.

Agreed! I recommend a SEP with Schwab, was easy to open and has no minimums or fees. I just sent off my 2017 contribution on Saturday.

Does it work if you have a job and earned income in addition to income from tradelines? Also, if you already contribute to 401K and ROTH IRA?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 05, 2018, 09:50:13 PM
all those who are filling out schedule C's should be opening SEP IRA's to defer 20% of the taxes. 

and in 2018 we'll all be able to get a 20% tax break on top of that due to the new tax cuts.

Agreed! I recommend a SEP with Schwab, was easy to open and has no minimums or fees. I just sent off my 2017 contribution on Saturday.

Does it work if you have a job and earned income in addition to income from tradelines? Also, if you already contribute to 401K and ROTH IRA?

SEP is considered from employer portion, so yes, assuming you haven't hit the limit for all employer contributions which is something ridiculous like $50k..
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on February 06, 2018, 10:35:43 AM
all those who are filling out schedule C's should be opening SEP IRA's to defer 20% of the taxes. 

and in 2018 we'll all be able to get a 20% tax break on top of that due to the new tax cuts.

I asked this in a thread in the Tax forum, but could you open a Simple IRA instead?  Those have a $12,500 limit that I think is separate from tIRA and Roth Iras.  If so, I could just throw all of my tradeline income into one instead of just 20% of it into my SEP.  I admit I don't know much about Simple IRAs, it seems there are some weird contributions rules that you need to choose from.

Here is the link I was looking at: https://www.irs.gov/retirement-plans/simple-ira-tips-for-the-sole-proprietor
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 06, 2018, 05:12:28 PM
all those who are filling out schedule C's should be opening SEP IRA's to defer 20% of the taxes. 

and in 2018 we'll all be able to get a 20% tax break on top of that due to the new tax cuts.

I asked this in a thread in the Tax forum, but could you open a Simple IRA instead?  Those have a $12,500 limit that I think is separate from tIRA and Roth Iras.  If so, I could just throw all of my tradeline income into one instead of just 20% of it into my SEP.  I admit I don't know much about Simple IRAs, it seems there are some weird contributions rules that you need to choose from.

Here is the link I was looking at: https://www.irs.gov/retirement-plans/simple-ira-tips-for-the-sole-proprietor

As long as you don't have a 401(k). They are subject to the same limit according to a tax expert that posted here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on February 06, 2018, 06:23:12 PM
As long as you don't have a 401(k). They are subject to the same limit according to a tax expert that posted here.

I see, I knew there had to be a catch.  Guess I'll stick with my SEP then.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 06, 2018, 09:21:19 PM
As long as you don't have a 401(k). They are subject to the same limit according to a tax expert that posted here.

I see, I knew there had to be a catch.  Guess I'll stick with my SEP then.
How much can you contribute to a SEP if you maxed out your 401K contributions for 2017?
And can you get a tax deduction on a SEP?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spacecadet610 on February 06, 2018, 11:19:18 PM
My original agreement from last year was to be paid $250 per AU.

Looks like I only got $200.

Can he just change it like that if we had an agreement?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 07, 2018, 02:58:35 AM
My original agreement from last year was to be paid $250 per AU.

Looks like I only got $200.

Can he just change it like that if we had an agreement?

No.

Contact the owner and let him know about the error.

If you don't get a response after a bit, contact me.

They are planning on dropping the prices paid to be more in line with the industry (they currently pay the highest prices, and it's not sustainable as the prices charged to AUs for tradelines has dropped over the last year), but not until all payments are caught up.

This will be announced ahead of time, and you will have the opportunity to remove your cards from availability if you don't want to continue selling them at those prices.

You should always be paid at the rate that was agreed upon ahead of time.

:)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on February 07, 2018, 08:12:03 AM
Payment for Nov add came through yesterday. I'm caught up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 07, 2018, 10:13:06 AM
As long as you don't have a 401(k). They are subject to the same limit according to a tax expert that posted here.

I see, I knew there had to be a catch.  Guess I'll stick with my SEP then.
How much can you contribute to a SEP if you maxed out your 401K contributions for 2017?
And can you get a tax deduction on a SEP?

It's like 20% of profit...I don't remember specifically...google it, there's only one SEP limit. Yes, it is deductible. There is no roth SEP option.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 07, 2018, 11:13:14 AM
Thanks for the mention of SEP.  I had seen mention previously but didn't look into it.  While it won't do much for 2017, it will add up over a few years.  Another bucket...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spacecadet610 on February 07, 2018, 04:58:30 PM
My original agreement from last year was to be paid $250 per AU.

Looks like I only got $200.

Can he just change it like that if we had an agreement?

No.

Contact the owner and let him know about the error.

If you don't get a response after a bit, contact me.

They are planning on dropping the prices paid to be more in line with the industry (they currently pay the highest prices, and it's not sustainable as the prices charged to AUs for tradelines has dropped over the last year), but not until all payments are caught up.

This will be announced ahead of time, and you will have the opportunity to remove your cards from availability if you don't want to continue selling them at those prices.

You should always be paid at the rate that was agreed upon ahead of time.

:)

Yeah i had emailed him that I was supposed to get $250 instead of $200. He never responded to that email.

UPDATE: he did actually respond today after i emailed him again. he said he would send me the $50

He did reply to previous and subsequent emails about not receiving payments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog on February 08, 2018, 06:11:49 AM
Got my first add after having two cards signed up for a year now.  Honestly forgot about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tralfamadorian on February 08, 2018, 08:03:15 AM
SEP is considered from employer portion, so yes, assuming you haven't hit the limit for all employer contributions which is something ridiculous like $50k..
Actually the 54K limit is per-employer.  So if you've got a very generous employer and a big side business, you could get $108K, as an example.

Not correct. The limit is an aggregate of all plans:
https://www.irs.gov/retirement-plans/how-much-salary-can-you-defer-if-youre-eligible-for-more-than-one-retirement-plan
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: annann on February 08, 2018, 11:52:29 PM
I received my 1099-MISC for 2017 and did not open it right away as I am in the middle of moving.  It is for exactly double the amount of money that they paid me for 2017.  I have sent them a e-mail requesting they send me a corrected 1099.

Be sure that what your received from them is for the correct amount you earned.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 09, 2018, 12:40:47 AM
Got an update from the owner with a much encouraging progress on the late payments: All November payments have been made, and about 1/3 of the December (due 9 days ago). Hopefully should be all caught up this month.

PM me if you did not yet receive payment for an AU add that posted in November.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Tr10av on February 10, 2018, 08:02:47 AM
After resting my Discover card since the audit, I added my first AU to my Discover card 3 days ago. This morning I received notification my account had been closed. Oh well, nice run while it lasted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on February 10, 2018, 08:57:59 AM
My Discover got shut down yesterday as well :(

I had a limit of 2 users, but I guess Discover is still not safe to use!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on February 10, 2018, 01:06:58 PM
My Discover got shut down yesterday as well :(

I had a limit of 2 users, but I guess Discover is still not safe to use!

Disappointing to read about these Discover card account closings because I reliably sell 1-2 slots (max is 2 for me) every month via TL co. #1 (and have done so for the past two years). I would really like to know what flags trigger an audit by Discover... Perhaps it's random. Card use or lack therof? Activation (or not) of AU's card after you receive it? I use my Discover card regularly for Amazon purchases -- don't know if this factors in or not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 10, 2018, 01:31:00 PM
My Discover Card was just shut down as well.
I used the card monthly and always activated and used the AU cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on February 10, 2018, 03:26:50 PM
My Discover Card was just shut down as well.
I used the card monthly and always activated and used the AU cards.

...and on the other end of the spectrum, I barely used mine and never activated AU cards after receiving them. It feels random to me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 11, 2018, 05:54:17 PM
Yikes then it's only a matter of time before my 2 Discover cards will get shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on February 11, 2018, 06:09:52 PM
TL company say anything about the Discover shutdown?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on February 12, 2018, 08:23:23 AM
I never re-activated my Discover card with them (after one of my 2 Discover cards got shutdown in the last round), but if you have one that you care about keeping, I'd recommend proactively asking the tradeline co. to suspend it.  Discover is closing these things with no warning, and you don't even have to be a heavy user (I think I had only sold 1 tradeline on the card they shut down).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 12, 2018, 09:13:29 AM
How can they even know it's a tradeline if it's only one AU?  I've added family members with different last names as AU on accounts (not on discover though).  Seems ridiculous they would cancel the card for adding a single AU.  What's the point of them even allowing AU if that's gonna be their policy?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on February 12, 2018, 09:37:04 AM
The company portal appears to be down. Anybody else able to get in?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 12, 2018, 10:09:41 AM
The company portal appears to be down. Anybody else able to get in?

Down for me too.  Times out on some sort of SQL database connection request.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on February 12, 2018, 10:31:00 AM
Got an update from the owner with a much encouraging progress on the late payments: All November payments have been made, and about 1/3 of the December (due 9 days ago). Hopefully should be all caught up this month.

PM me if you did not yet receive payment for an AU add that posted in November.

Wonder what happened to the guy who was owed like 6 grand
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on February 12, 2018, 11:06:25 AM
The company portal appears to be down. Anybody else able to get in?

Down for me too.  Times out on some sort of SQL database connection request.

Somebody over there is reading this thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on February 12, 2018, 11:14:42 AM
Has anybody been instructed to leave an AU on for longer because they "purchased an extra month"? I'm just wondering if this counts as another sale and I should expect to get paid for it, or not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on February 13, 2018, 08:11:29 AM
How can they even know it's a tradeline if it's only one AU?  I've added family members with different last names as AU on accounts (not on discover though).  Seems ridiculous they would cancel the card for adding a single AU.  What's the point of them even allowing AU if that's gonna be their policy?

If I was a credit card company, I'd be looking at ways to identify fraudulent (paid stranger) AUs.  I can think of several different ways to do that.

CCs already have a vast store of knowledge about you.  They can probably identify your ten closest relatives already, despite some of those people having different names.  I'd look at your usage history on my company's card and all of your other cards, because it seems unlikely an ordinary user would add and then immediately remove 6-10 AUs per card in a year.  Then I'd look at geographic proximity, because you're more likely to personally know somebody in your town than you are someone in Iran.  I'd also keep a database of known fraudulent AUs, by name and SS and the CC used to purchase the slot, because while some of these purchasers are probably legitimate Americans in need of credit repair, others are apparently international crime syndicates and hackers who buy these things as part of a larger enterprise. 

If it was really important to me, and none of those were working, I'd just pay the tradeline company directly for information about their adds.  Money talks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on February 13, 2018, 04:41:50 PM
Has anybody been instructed to leave an AU on for longer because they "purchased an extra month"? I'm just wondering if this counts as another sale and I should expect to get paid for it, or not.

Yes, I've been asked to do this, and you will be paid for that extra month, yes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: el_ingeniero on February 13, 2018, 05:15:47 PM
I have a problem.  Was late adding an AU, and the task disappeared on me.  I emailed Erica asking for DOB, SSN, and address.  She emailed (in plaintext!) the first 2 back to me, but no address.  So Now I've been calling the office, emailing, etc, since noon trying to get hold of her without a response.

Is there anything I can do in the next 1 hour 45 minutes I haven't done?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on February 13, 2018, 05:37:20 PM
How can they even know it's a tradeline if it's only one AU?  I've added family members with different last names as AU on accounts (not on discover though).  Seems ridiculous they would cancel the card for adding a single AU.  What's the point of them even allowing AU if that's gonna be their policy?

If I was a credit card company, I'd be looking at ways to identify fraudulent (paid stranger) AUs.  I can think of several different ways to do that.

CCs already have a vast store of knowledge about you.  They can probably identify your ten closest relatives already, despite some of those people having different names.  I'd look at your usage history on my company's card and all of your other cards, because it seems unlikely an ordinary user would add and then immediately remove 6-10 AUs per card in a year.  Then I'd look at geographic proximity, because you're more likely to personally know somebody in your town than you are someone in Iran.  I'd also keep a database of known fraudulent AUs, by name and SS and the CC used to purchase the slot, because while some of these purchasers are probably legitimate Americans in need of credit repair, others are apparently international crime syndicates and hackers who buy these things as part of a larger enterprise. 

If it was really important to me, and none of those were working, I'd just pay the tradeline company directly for information about their adds.  Money talks.

What part of the paid tradelines process is fraudulent?

Its going to a take a lot of money for a tradeline company to provide all of their AU cardholders and forfeit their future income streams.  This could also have potential legal implications due to a third party sharing private information without consent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on February 13, 2018, 06:45:33 PM
What part of the paid tradelines process is fraudulent?

The part where you claim the AU is personally known to you.  It's a tiny white lie, but it's still a lie.

Quote
Its going to a take a lot of money for a tradeline company to provide all of their AU cardholders and forfeit their future income streams.  This could also have potential legal implications due to a third party sharing private information without consent.

I'm sure their privacy policy is sufficiently broad to allow them some wiggle room.  I don't trust anybody anymore.

And they don't even have to turn over their books.  If I was a tradeline company and VISA offered to pay me the equivalent of one tradeline sale to check whether or not I had added a specific name to a specific card in the past month, I'd be tempted.  It's a yes/no question.  You're not revealing any information not already known to VISA.  It's a potential revenue stream.

Do they actually do it?  I have no idea.  I'm just saying that these people are all running businesses, and money talks when you're in business.  Ethics kind of goes out the window, as I think we've already established in this thread.  It's not like they have any shortage of cardholders, mustachian or otherwise, to require protecting their valuable cards.  They literally can't sell 90% of the available slots they already have.  Converting another 10% of those into one-time cash payments from VISA (who will probably close the card if you answer yes) in order to double your revenue would be a tempting offer, I think.  All of those unsold slots aren't doing anything for you otherwise, so why not get paid for them?

This whole business model exists in a sort of moral gray area, like payday loans and creative accounting, where there is money to be made if you're willing to be a little fast and loose with the rules.  I'm not exactly confident that any of these companies would take the moral ground of refusing VISA if they offered to pay for an AU name check.  This whole thread is a treasure trove of examples.  They seem to routinely delay payments, or pay lower amounts than promised.  They offer you advice on how to lie on the phone to the credit card reps.  There is no transparency around why some of us are making $25k and some $300 per year on the same number of cards.  Prices appear to be secretly negotiable.  The tax reporting is kind of on the honor system.  We know that some of the AUs are buying slots with stolen credit card numbers.  The whole thing is very slightly shady, right?  I mean I'm still doing it, I'm just not ignoring the warning signs here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: el_ingeniero on February 13, 2018, 07:49:00 PM
I have a problem.  Was late adding an AU, and the task disappeared on me.  I emailed Erica asking for DOB, SSN, and address.  She emailed (in plaintext!) the first 2 back to me, but no address.  So Now I've been calling the office, emailing, etc, since noon trying to get hold of her without a response.

Is there anything I can do in the next 1 hour 45 minutes I haven't done?
OK, I figured things out.  I can remove the person from the card in the history section and they become visible again in the card history.  Then I can get the information into Discover.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on February 14, 2018, 06:39:36 AM
Quote
They seem to routinely delay payments, or pay lower amounts than promised.  They offer you advice on how to lie on the phone to the credit card reps.  There is no transparency around why some of us are making $25k and some $300 per year on the same number of cards.  Prices appear to be secretly negotiable.  The tax reporting is kind of on the honor system.  We know that some of the AUs are buying slots with stolen credit card numbers.  The whole thing is very slightly shady, right?  I mean I'm still doing it, I'm just not ignoring the warning signs here.

None of this is true, except for the delay in payments (which, while unfortunate, is far from a big deal.)

I understand you're not making as much as you'd like, but I don't think there's a lack of transparency...  They give their clients a choice of tradelines, and their clients must not like something about your accounts (I'd assume they're looking at the fee they pay vs. credit age / credit limit).  Goes to reason that if you have a card that's on the upper end of a credit limit / age bracket, you're going to get more adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 14, 2018, 08:56:15 AM
What part of the paid tradelines process is fraudulent?

The part where you claim the AU is personally known to you.  It's a tiny white lie, but it's still a lie.


I never claimed they were personally known to me.  I just said I wanted to add an authorized user and gave the information.  Reading my cardholder agreement I can't see anywhere they require you to know the authorized user either.

https://www.citicards.com/cards/wv/pdf/CMA_DoubleCashADA-3.pdf?JFP_TOKEN=F2GFUVIH
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on February 14, 2018, 09:43:37 PM
I received my 1099-MISC for 2017 and did not open it right away as I am in the middle of moving.  It is for exactly double the amount of money that they paid me for 2017.  I have sent them a e-mail requesting they send me a corrected 1099.

Be sure that what your received from them is for the correct amount you earned.

Anyone else get a 1099-MISC?  Are they filing these with IRS or just issuing to us?  I've got a big refund coming so I'd like to file as soon as possible, but I don't want to file with one number and have them submit a different, incorrect, number to the IRS.  Odds that I can file with my actual payment data and not get flagged by IRS?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 14, 2018, 09:58:01 PM
I received my 1099-MISC for 2017 and did not open it right away as I am in the middle of moving.  It is for exactly double the amount of money that they paid me for 2017.  I have sent them a e-mail requesting they send me a corrected 1099.

Be sure that what your received from them is for the correct amount you earned.

Anyone else get a 1099-MISC?  Are they filing these with IRS or just issuing to us?  I've got a big refund coming so I'd like to file as soon as possible, but I don't want to file with one number and have them submit a different, incorrect, number to the IRS.  Odds that I can file with my actual payment data and not get flagged by IRS?

If you get a 1099, there's no reason it wouldn't also be filed wih the IRS.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on February 15, 2018, 04:19:57 AM
I received my 1099-MISC for 2017 and did not open it right away as I am in the middle of moving.  It is for exactly double the amount of money that they paid me for 2017.  I have sent them a e-mail requesting they send me a corrected 1099.

Be sure that what your received from them is for the correct amount you earned.

Anyone else get a 1099-MISC?  Are they filing these with IRS or just issuing to us?  I've got a big refund coming so I'd like to file as soon as possible, but I don't want to file with one number and have them submit a different, incorrect, number to the IRS.  Odds that I can file with my actual payment data and not get flagged by IRS?

If you get a 1099, there's no reason it wouldn't also be filed wih the IRS.

There’s no reason people shouldn’t be paid on time but stuff happens
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 15, 2018, 03:41:02 PM
I received my 1099-MISC for 2017 and did not open it right away as I am in the middle of moving.  It is for exactly double the amount of money that they paid me for 2017.  I have sent them a e-mail requesting they send me a corrected 1099.

Be sure that what your received from them is for the correct amount you earned.

Anyone else get a 1099-MISC?  Are they filing these with IRS or just issuing to us?  I've got a big refund coming so I'd like to file as soon as possible, but I don't want to file with one number and have them submit a different, incorrect, number to the IRS.  Odds that I can file with my actual payment data and not get flagged by IRS?

I received one a few weeks ago.  The number they reported on the 1099-MISC matched my records exactly.

Note that the 1099-MISC will report payments made to you in calendar year 2017 regardless of when the AUs were added.  So it will not include payments for AUs that you added in November or December, because those weren't paid out in 2017.  Conversely, it will probably include payments made in January 2017 for adds in November or December 2016 (if anyone has any of those!).

And yes, any 1099 you receive from anyone, including the TL companies, should also be cc'ed to the IRS.

Finally, if  the number you report to the IRS matches the 1099s, you'll be fine.  If the numbers don't match for any reason, you'll probably get a robo-letter from the IRS and will have to deal with the discrepancy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 22, 2018, 09:10:45 AM
Just got 2 more adds on my citi card.  I called the rep to add them yesterday, but neither one is showing up on my account as an AU yet.  I really hope I don't have to call in a second time to add them, again.

What was the consensus on how to report the income with no 1099?  I made $75 last year.  Where do I add it to my tax return?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 22, 2018, 09:21:33 AM
Just got 2 more adds on my citi card.  I called the rep to add them yesterday, but neither one is showing up on my account as an AU yet.  I really hope I don't have to call in a second time to add them, again.

What was the consensus on how to report the income with no 1099?  I made $75 last year.  Where do I add it to my tax return?

I put in "other income" in TaxAct.  It was a bit hard to find...  It asked if you had other income like gambling and other odd things.  I then went into that section and there was a box for an amount and description for "other income".  It did not fit in any of the listed categories.

(I posted a similar question in the taxes board, btw).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on February 22, 2018, 12:52:10 PM
I had the same experience with H&R Block: it asked if I had any 1099 income and took me down a self-employment-tax path, but I was able to delete that after I found the "Other Income" section.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 23, 2018, 10:20:18 AM
Just got 2 more adds on my citi card.  I called the rep to add them yesterday, but neither one is showing up on my account as an AU yet.  I really hope I don't have to call in a second time to add them, again.

What was the consensus on how to report the income with no 1099?  I made $75 last year.  Where do I add it to my tax return?

Just checked online and no AU are added.  I called back in, got transferred to fraud prevention and had to re verify my account.  Then I readded the 2 AU.  He assured me they are on the account, although when I checked online afterwards it didn't show them.  I guess I'll just check back tomorrow.  Kind of ridiculous if I have to call in a third time to add them though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 24, 2018, 08:57:47 AM
Just got 2 more adds on my citi card.  I called the rep to add them yesterday, but neither one is showing up on my account as an AU yet.  I really hope I don't have to call in a second time to add them, again.

What was the consensus on how to report the income with no 1099?  I made $75 last year.  Where do I add it to my tax return?

Just checked online and no AU are added.  I called back in, got transferred to fraud prevention and had to re verify my account.  Then I readded the 2 AU.  He assured me they are on the account, although when I checked online afterwards it didn't show them.  I guess I'll just check back tomorrow.  Kind of ridiculous if I have to call in a third time to add them though.

Still no AU and I just got an email from Citi telling me there was a problem and I need to call in to add them. Wtf Citi? This is significantly less attractive if I have to call and add each AU 3+ times before they are actually added.  Wtf is going on at Citi that they can't handle adding AU?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 24, 2018, 09:26:55 AM
Still unable to add them, I think citi's AU adding mechanism is fucked up.  I can't view my AU on the website or the mobile app, it just gives me an error.

Are there time lines I should be worried about?  Both these citi orders were placed before my cards closing date, and I tried to add them unsuccessfully multiple times before the closing date.  Now the closing date has passed, so if I am still able to add them now it won't be reported to the credit bureau for another month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: mingo1226 on February 24, 2018, 10:03:06 AM
I'm thinking of selling tradelines, but 95% of my accounts are with Chase. From the research here, I've read that Chase is the most likely to cancel ALL credit cards at one time and the most risky.

My biggest concern with having Chase cards cancelled is losing all the rewards points I've accumulated. Does anyone knows if Chase will also cancel business credit cards along with all the personal credit card? My thought process here is I could transfer all my rewards points to the business card if it's a way to shield the points.

Anyone have any thoughts on this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 24, 2018, 12:12:15 PM
Are there time lines I should be worried about?  Both these citi orders were placed before my cards closing date, and I tried to add them unsuccessfully multiple times before the closing date.  Now the closing date has passed, so if I am still able to add them now it won't be reported to the credit bureau for another month.

One time I was unable to add before the closing date.  In that scenario I emailed the AU company and informed them and suggested them move the AU to another card, either one of mine or someone else's.  They moved it to someone else's card.

I think the AU can see the card, age, limit, and closing date.  I think there is an implicit assumption that you're able to add the AU before the next closing date.  So missing that date, it seems to me that the customer might be disappointed if they have to wait another month.  I'd rather lose a sale for myself and have the AU company be happy with me as a slot provider.

I'm thinking of selling tradelines, but 95% of my accounts are with Chase. From the research here, I've read that Chase is the most likely to cancel ALL credit cards at one time and the most risky.

My biggest concern with having Chase cards cancelled is losing all the rewards points I've accumulated. Does anyone knows if Chase will also cancel business credit cards along with all the personal credit card? My thought process here is I could transfer all my rewards points to the business card if it's a way to shield the points.

Anyone have any thoughts on this?

I don't think Chase has a higher probability of shutting someone down, it's just that the impact when they do is much worse.  Everyone has to assess their own situation and risk tolerance of course.

Chase is pretty sophisticated.  My opinion is that Chase could shut down any product associated with your customer record.  It would not surprise me in the least if they closed down both your personal and your business lines and voided all of your Chase reward points regardless of where they are located.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on February 24, 2018, 03:41:08 PM
I'm thinking of selling tradelines, but 95% of my accounts are with Chase. From the research here, I've read that Chase is the most likely to cancel ALL credit cards at one time and the most risky.

My biggest concern with having Chase cards cancelled is losing all the rewards points I've accumulated. Does anyone knows if Chase will also cancel business credit cards along with all the personal credit card? My thought process here is I could transfer all my rewards points to the business card if it's a way to shield the points.

Anyone have any thoughts on this?

The general consensus is don't use any cards that you're not willing to lose.  Any account can be closed.  If you have rewards that you don't want to lose, don't use that card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 24, 2018, 05:30:07 PM
I'm thinking of selling tradelines, but 95% of my accounts are with Chase. From the research here, I've read that Chase is the most likely to cancel ALL credit cards at one time and the most risky.

My biggest concern with having Chase cards cancelled is losing all the rewards points I've accumulated. Does anyone knows if Chase will also cancel business credit cards along with all the personal credit card? My thought process here is I could transfer all my rewards points to the business card if it's a way to shield the points.

Anyone have any thoughts on this?

I agree with the other posters.  One option if you proceed is to transfer those points to a spouse or family member.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 24, 2018, 07:43:46 PM
Anybody been paid or not for December adds?  I try to be patient...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 25, 2018, 07:08:25 AM
Still unable to add them, I think citi's AU adding mechanism is fucked up.  I can't view my AU on the website or the mobile app, it just gives me an error.

Are there time lines I should be worried about?  Both these citi orders were placed before my cards closing date, and I tried to add them unsuccessfully multiple times before the closing date.  Now the closing date has passed, so if I am still able to add them now it won't be reported to the credit bureau for another month.

I just checked my citi account and both the AU were apparently added, despite citi emailing me yesterday letting me know my most recent attempt to add them failed. I don't know when they were actually added.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 25, 2018, 10:17:14 AM
I've had problems too with Citi. An error message also occurred when I tried to look up whether the AU were added, so I switched browsers, and found I could get the info. using the Microsoft Edge browser, whereas I couldn't with Google Chrome.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on February 25, 2018, 02:54:48 PM
I'm thinking of selling tradelines, but 95% of my accounts are with Chase. From the research here, I've read that Chase is the most likely to cancel ALL credit cards at one time and the most risky.

My biggest concern with having Chase cards cancelled is losing all the rewards points I've accumulated. Does anyone knows if Chase will also cancel business credit cards along with all the personal credit card? My thought process here is I could transfer all my rewards points to the business card if it's a way to shield the points.

Anyone have any thoughts on this?

My Chase cards are "resting" on the website, so they can't be used.  And I thought there was some stipulation that they would only ask you to add AUs if more than one Chase card was requested (something like that?).  Makes Chase use highly unlikely for piggbacking.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Midwestache on February 26, 2018, 09:00:38 AM
Bad news, my bank of america credit card was closed. It had a credit limit of $30,000. I had been with bank of america for 15 years. My credit score after this was closed by BOA dropped about 40 points from 830 to 790. Just a word of caution. For me I am not attempting to get anything with credit in the near future. But anyone who is trying to buy a house or buy anything with credit may be ultimately detrimentally affected.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 26, 2018, 09:10:03 AM
Bad news, my bank of america credit card was closed. It had a credit limit of $30,000. I had been with bank of america for 15 years. My credit score after this was closed by BOA dropped about 40 points from 830 to 790. Just a word of caution. For me I am not attempting to get anything with credit in the near future. But anyone who is trying to buy a house or buy anything with credit may be ultimately detrimentally affected.

I have some tradeline slots available if you'd like to buy any to raise your score back up. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Midwestache on February 26, 2018, 09:14:20 AM
hahah! nice one nacho. I'm good, I don't need any extended credit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on February 26, 2018, 09:42:44 AM
Anybody been paid or not for December adds?  I try to be patient...

I haven't seen any payment for December yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on February 26, 2018, 02:24:12 PM
Bad news, my bank of america credit card was closed. It had a credit limit of $30,000. I had been with bank of america for 15 years. My credit score after this was closed by BOA dropped about 40 points from 830 to 790. Just a word of caution. For me I am not attempting to get anything with credit in the near future. But anyone who is trying to buy a house or buy anything with credit may be ultimately detrimentally affected.

How many spots were you selling on the card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 27, 2018, 06:27:22 AM
I have not yet been paid for my December add - thanks for the reminder! I have several Chase cards enrolled and have never had an add for them. They have to be added in conjunction with another card, so I don't know if that has something to do with it or not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: fat-johnny on February 27, 2018, 09:06:54 AM
I registered two card back in late January:
  • Barclay Mastercard, 2 years old, $20.5k limit
  • Discover, 3 years old, $10.5k limit

They have not contacted me at all to add an AU to either of these cards......so I have made no money.

Any advice?  Or do I just wait it out and hope they sell one of my slots soon?
FJ

UPDATE:  I've been a member of the site for over 1 year, and have gotten ZERO sales.  is this normal?

My FICO just went up to 844, so I would LOVE to make some money doing this.
FJ
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Richie Poor on February 27, 2018, 09:08:50 AM
Bad news, my bank of america credit card was closed. It had a credit limit of $30,000. I had been with bank of america for 15 years. My credit score after this was closed by BOA dropped about 40 points from 830 to 790. Just a word of caution. For me I am not attempting to get anything with credit in the near future. But anyone who is trying to buy a house or buy anything with credit may be ultimately detrimentally affected.

My BofA card closed in January (20k limit and 13 yrs old). It now shows closed (canceled by credit grantor) on my credit report but my score hasn't budged. I only regret it will not be making me any more money.

My advice is if you don't want your BofA card closed then retire it. I only had 3 AUs added over the course of a year. I never even bothered to remove 2 of the AUs. How they closed it for irregular AU activity is beyond me. Since it isn't volume it must be related to the unrelated names and there non local addresses?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 27, 2018, 09:16:34 AM
Bad news, my bank of america credit card was closed. It had a credit limit of $30,000. I had been with bank of america for 15 years. My credit score after this was closed by BOA dropped about 40 points from 830 to 790. Just a word of caution. For me I am not attempting to get anything with credit in the near future. But anyone who is trying to buy a house or buy anything with credit may be ultimately detrimentally affected.

My BofA card closed in January (20k limit and 13 yrs old). It now shows closed (canceled by credit grantor) on my credit report but my score hasn't budged. I only regret it will not be making me any more money.

My advice is if you don't want your BofA card closed then retire it. I only had 3 AUs added over the course of a year. I never even bothered to remove 2 of the AUs. How they closed it for irregular AU activity is beyond me. Since it isn't volume it must be related to the unrelated names and there non local addresses?

I put the address as my own.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on February 27, 2018, 10:23:17 AM
My personal theory is that some of these AU's somehow end up on naughty lists that are shared between the creditors.  I've gotten one letter from Citi informing me that an Authorized User was removed from my card due to suspicious activity.  So, while some card issuers might just remove the AU in question, others might just decide you're complicit and get rid of you at the same time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Richie Poor on February 27, 2018, 02:53:42 PM
Bad news, my bank of america credit card was closed. It had a credit limit of $30,000. I had been with bank of america for 15 years. My credit score after this was closed by BOA dropped about 40 points from 830 to 790. Just a word of caution. For me I am not attempting to get anything with credit in the near future. But anyone who is trying to buy a house or buy anything with credit may be ultimately detrimentally affected.

My BofA card closed in January (20k limit and 13 yrs old). It now shows closed (canceled by credit grantor) on my credit report but my score hasn't budged. I only regret it will not be making me any more money.

My advice is if you don't want your BofA card closed then retire it. I only had 3 AUs added over the course of a year. I never even bothered to remove 2 of the AUs. How they closed it for irregular AU activity is beyond me. Since it isn't volume it must be related to the unrelated names and there non local addresses?

I put the address as my own.

I do as well (I don't even know the AU's address) but perhaps BofA knows that person has a credit history in some other city/state. It was just a thought since there isn't much else irregular about the activity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 27, 2018, 07:11:50 PM
Richiepoor and Midwestache did you use the new recommended company for your Bank of America credit card that got closed down ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 27, 2018, 07:44:59 PM
I registered two card back in late January:
  • Barclay Mastercard, 2 years old, $20.5k limit
  • Discover, 3 years old, $10.5k limit

They have not contacted me at all to add an AU to either of these cards......so I have made no money.

Any advice?  Or do I just wait it out and hope they sell one of my slots soon?
FJ

UPDATE:  I've been a member of the site for over 1 year, and have gotten ZERO sales.  is this normal?

My FICO just went up to 844, so I would LOVE to make some money doing this.
FJ

Might as well get some credit card signup bonuses while you're waiting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on February 27, 2018, 11:41:04 PM
Bad news, my bank of america credit card was closed. It had a credit limit of $30,000. I had been with bank of america for 15 years. My credit score after this was closed by BOA dropped about 40 points from 830 to 790. Just a word of caution. For me I am not attempting to get anything with credit in the near future. But anyone who is trying to buy a house or buy anything with credit may be ultimately detrimentally affected.

My BofA card closed in January (20k limit and 13 yrs old). It now shows closed (canceled by credit grantor) on my credit report but my score hasn't budged. I only regret it will not be making me any more money.

My advice is if you don't want your BofA card closed then retire it. I only had 3 AUs added over the course of a year. I never even bothered to remove 2 of the AUs. How they closed it for irregular AU activity is beyond me. Since it isn't volume it must be related to the unrelated names and there non local addresses?

I put the address as my own.

How do you put your own address?  The card site says you're should put the address they give you. Does that not really matter?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 27, 2018, 11:42:03 PM
Bad news, my bank of america credit card was closed. It had a credit limit of $30,000. I had been with bank of america for 15 years. My credit score after this was closed by BOA dropped about 40 points from 830 to 790. Just a word of caution. For me I am not attempting to get anything with credit in the near future. But anyone who is trying to buy a house or buy anything with credit may be ultimately detrimentally affected.

My BofA card closed in January (20k limit and 13 yrs old). It now shows closed (canceled by credit grantor) on my credit report but my score hasn't budged. I only regret it will not be making me any more money.

My advice is if you don't want your BofA card closed then retire it. I only had 3 AUs added over the course of a year. I never even bothered to remove 2 of the AUs. How they closed it for irregular AU activity is beyond me. Since it isn't volume it must be related to the unrelated names and there non local addresses?

I put the address as my own.

How do you put your own address?  The card site says you're should put the address they give you. Does that not really matter?

Depends on if you want the repo man to show up at your house or the AU's... ;-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 28, 2018, 05:50:54 AM
I registered two card back in late January:
  • Barclay Mastercard, 2 years old, $20.5k limit
  • Discover, 3 years old, $10.5k limit

They have not contacted me at all to add an AU to either of these cards......so I have made no money.

Any advice?  Or do I just wait it out and hope they sell one of my slots soon?
FJ

UPDATE:  I've been a member of the site for over 1 year, and have gotten ZERO sales.  is this normal?

My FICO just went up to 844, so I would LOVE to make some money doing this.
FJ

Yep! I think a select few folks are getting the bulk of the sales. But I also think they were/are so flooded with cards. I saw a few sales right away, but pretty much nothing for months. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 28, 2018, 06:58:17 AM
I think they're overly full of cards.  At the beginning of the year, I asked that my card fees be dropped a level in order to spur at least some interest.  Still nothing.  At least I'm up to 6 cards for the low balance forgiveness.  That's $8 in free gas every month.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 28, 2018, 09:39:09 AM
Bad news, my bank of america credit card was closed. It had a credit limit of $30,000. I had been with bank of america for 15 years. My credit score after this was closed by BOA dropped about 40 points from 830 to 790. Just a word of caution. For me I am not attempting to get anything with credit in the near future. But anyone who is trying to buy a house or buy anything with credit may be ultimately detrimentally affected.

My BofA card closed in January (20k limit and 13 yrs old). It now shows closed (canceled by credit grantor) on my credit report but my score hasn't budged. I only regret it will not be making me any more money.

My advice is if you don't want your BofA card closed then retire it. I only had 3 AUs added over the course of a year. I never even bothered to remove 2 of the AUs. How they closed it for irregular AU activity is beyond me. Since it isn't volume it must be related to the unrelated names and there non local addresses?

I put the address as my own.

How do you put your own address?  The card site says you're should put the address they give you. Does that not really matter?

Where? I thought other users posted they've used their own address.  Seemed easier than giving out 2 suspicious out of state addresses.

What's the difference between using my address and the one provided?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 28, 2018, 12:00:11 PM
Where? I thought other users posted they've used their own address.  Seemed easier than giving out 2 suspicious out of state addresses.

Some credit cards allow you to add AU's online via a form.  Presumably that is where the previous poster is referring to entering the AU's address.

What's the difference between using my address and the one provided?

Advantages of adding the AU with your address:

1.  It's faster and easier during the adding process.

2.  The CC CSR will be less suspicious, so the add is more likely to be processed.

3.  (Added this one later.)  Less chance of the AU card getting sent to the AU by mistake.

Advantages of adding the AU with the AU's address:

1.  The AU is more likely to be added successfully at the credit bureau because there is an additional piece of matching data.

2.  The AU will not know your name or where you live.

3.  Any repo men will go to the AU's address and not yours.

Personally I make the decision on the fly based on how suspicious the CSR is and whether or not they ask me if I want to add the AU address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 28, 2018, 03:02:27 PM
Where? I thought other users posted they've used their own address.  Seemed easier than giving out 2 suspicious out of state addresses.

Some credit cards allow you to add AU's online via a form.  Presumably that is where the previous poster is referring to entering the AU's address.

What's the difference between using my address and the one provided?

Advantages of adding the AU with your address:

1.  It's faster and easier during the adding process.

2.  The CC CSR will be less suspicious, so the add is more likely to be processed.

Advantages of adding the AU with the AU's address:

1.  The AU is more likely to be added successfully at the credit bureau because there is an additional piece of matching data.

2.  The AU will not know your name or where you live.

3.  Any repo men will go to the AU's address and not yours.

Personally I make the decision on the fly based on how suspicious the CSR is and whether or not they ask me if I want to add the AU address.

The first one I added (back in october) I used the AU address.  I gave it to the rep over the phone. Recently I added 2 more AU, and when the rep got to the address section the inflection of her voice made me feel like she was leading me to use my own address instead of a different one.  Perhaps she knew what was up and just didn't feel like typing out 2 addresses.  So I just went along with it and said to use my address. It was something along the lines of "...Do you have a SSN you'd like to add.  Ok what is that? Thanks.  And what about an address...should I just use your current address on file?"

Does the TL company want me to use their address though? They do provide it for me.  I always have the rep read back the name (and spell it) and the SSN so I know it's correct.  And since I've dealt only with citi so far I end up calling 2-3 times each time I have to add an AU. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 28, 2018, 03:05:26 PM
If the CC takes SSN, you can probably skip address.  It may not match and you won't be paid... 

Barclays does not take SSN on web site so I input the address.  However, BC seems to be very lax...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 28, 2018, 04:05:13 PM
Where? I thought other users posted they've used their own address.  Seemed easier than giving out 2 suspicious out of state addresses.

Some credit cards allow you to add AU's online via a form.  Presumably that is where the previous poster is referring to entering the AU's address.

What's the difference between using my address and the one provided?

Advantages of adding the AU with your address:

1.  It's faster and easier during the adding process.

2.  The CC CSR will be less suspicious, so the add is more likely to be processed.

Advantages of adding the AU with the AU's address:

1.  The AU is more likely to be added successfully at the credit bureau because there is an additional piece of matching data.

2.  The AU will not know your name or where you live.

3.  Any repo men will go to the AU's address and not yours.

Personally I make the decision on the fly based on how suspicious the CSR is and whether or not they ask me if I want to add the AU address.

The first one I added (back in october) I used the AU address.  I gave it to the rep over the phone. Recently I added 2 more AU, and when the rep got to the address section the inflection of her voice made me feel like she was leading me to use my own address instead of a different one.  Perhaps she knew what was up and just didn't feel like typing out 2 addresses.  So I just went along with it and said to use my address. It was something along the lines of "...Do you have a SSN you'd like to add.  Ok what is that? Thanks.  And what about an address...should I just use your current address on file?"

Does the TL company want me to use their address though? They do provide it for me.  I always have the rep read back the name (and spell it) and the SSN so I know it's correct.  And since I've dealt only with citi so far I end up calling 2-3 times each time I have to add an AU.

My very unscientific opinion is that the credit bureaus look for at least three data points (plus an outstanding balance) to match in order to report a CL on the AU's report.  So if the CC company correctly enters name, DOB, and SSN, then I think that is sufficient.  I even had one succeed when there was a one letter misspelling in the AU last name - the CSR misheard a "V" as a "B", quite understandable.

I believe the TL company's recommendation is to add the AU address, but I'm not 100% on that.  Logically, though, why would they provide it to you if they didn't want you to use it?

(I will say parenthetically that I've never added a Citi AU and I've never had the problems you describe, so I think Citi just is bad at this AU stuff.  I've had good luck with other CC companies and have only failed to add an AU one time, which I think was due to the CC company's computer system not wanting to have more than 2 AUs at a time.  The rest have been added in a single phone call without any issues.)

Finally, understand that if you use your address, it will show up on the AU's credit report, possibly for a long time.  I had one AU who apparently defaulted on his Jaguar lease and a repo man left a note on my front door.  I called the repo man and cleared it up, but this is still something that could be a factor in decision making for people.  This also means that the AU knows where you live; something I don't worry about but others might.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on February 28, 2018, 08:20:39 PM

(I will say parenthetically that I've never added a Citi AU and I've never had the problems you describe, so I think Citi just is bad at this AU stuff.  I've had good luck with other CC companies and have only failed to add an AU one time, which I think was due to the CC company's computer system not wanting to have more than 2 AUs at a time.  The rest have been added in a single phone call without any issues.)

Citi has notably bad IT and consistency in general.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 01, 2018, 03:24:41 AM
Did anyone else receive an email from Erica at the new company to share some documents? The email wants my google password, I am not sure I want to sign in with google why can't they just do it at the portal?
Anyone know what documents these are?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on March 01, 2018, 03:25:03 AM
Warning I just got a phish email from Erica— be careful with your passwords
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on March 01, 2018, 03:25:53 AM
Did anyone else receive an email from Erica at the new company to share some documents? The email wants my google password, I am not sure I want to sign in with google why can't they just do it at the portal?
Anyone know what documents these are?

Don’t do it!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 01, 2018, 03:33:08 AM
Definitely a phishing attempt.

Don't put your email info into that website (hosted on some random Turkish domain).

If you already did, change your email password immediately (and any other accounts that share that same password, and any passwords that may have been accessible/readable from that email account).

I texted and emailed the owner that it happened and that he needs to send out a letter warning users not to click that, but it's 2:30am there so it may be a few hours.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on March 01, 2018, 03:38:44 AM
Crap it’s 230? Someone needs to go to bed
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 01, 2018, 03:52:37 AM
Thanks for the replies, I did emter my google password but I then changed it, they also wanted my telephone number which was what tipped me off.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 01, 2018, 05:21:18 AM
Word of caution. Don't EVER click a link through your email. Always go to the website directly. That's how most phishing attempts work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bassguitar115 on March 01, 2018, 06:59:44 AM
I clicked the link, but did not enter any information. I'm OK right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 01, 2018, 07:07:24 AM
Thank You so Much for the Prompt replies I do appreciate it!

I think as they said it was phishing email looking for your passwords and information, you should  be OK. I just woke up and thought the email was strange but assumed it was my 1099, but I already have 1099 then the email it said Enjoy, and I was like WTF enjoy what?

Very suspicious, I am sure Arebelspy and everyone is  correct to say do not follow the email links.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on March 01, 2018, 08:08:56 AM
Owner just sent an email telling everyone not to click on the phishing link.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on March 01, 2018, 08:11:28 AM
Got an email saying New Company was hacked and phishing emails were sent out. Should be fun in this thread given recent paranoia
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: fiveoh on March 01, 2018, 10:54:19 AM
I thought this was some sort of tax form and signed in to my yahoo email.  I changed the password shortly after when I realized it wasn't.  Also ran a virus scan.  Anything else I should do?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 01, 2018, 11:16:54 AM
I thought this was some sort of tax form and signed in to my yahoo email.  I changed the password shortly after when I realized it wasn't.  Also ran a virus scan.  Anything else I should do?

Depends on what the hack entailed.  If you sent him your email password, he can use it to reset your investment account password and empty all of your accounts.  If you changed it before he did that you're probably safe, but I would change all other passwords just to be sure.  People don't usually understand that their primary email password is the most secret thing they have, because it can be used to access everything else with the "forgot password?" link on other sites.

If you clicked on a link in your email, you're potentially compromised and should probably stop using that computer temporarily.  (Disconnect it from the internet so he can't use it for a botnet or cryotocurrency mining, then change all of your passwords using a different machine.)
 Depending on how complicated the hack is, visiting an email link can potentially give a hacker full remote access to your computer, which he can use to harvest your passwords to other accounts, monitor your activity, or encrypt your hard drive to ask for ransom (probably in bitcoin!).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on March 01, 2018, 01:37:55 PM
I clicked the link, but did not enter any information. I'm OK right?
Most likely. The link may have been crafted so that they know that it came from YOUR email, which makes it more valuable on SPAM lists.

If you clicked on a link in your email, you're potentially compromised and should probably stop using that computer temporarily.  (Disconnect it from the internet so he can't use it for a botnet or cryotocurrency mining, then change all of your passwords using a different machine.)
 Depending on how complicated the hack is, visiting an email link can potentially give a hacker full remote access to your computer, which he can use to harvest your passwords to other accounts, monitor your activity, or encrypt your hard drive to ask for ransom (probably in bitcoin!).
Compromise based simply on clicking a link is unlikely, but may possible depending on your browser (in)security. Code on the destination page could attempt to find security flaws in your browser, operating system, or other devices on your home network. Many consumer routers ship with easy to guess default credentials - if the attacker can change your router settings, they can open up your home network to attacks from the outside and direct any of your network traffic through networks that the attacker controls.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spacecadet610 on March 01, 2018, 07:21:02 PM
I also got the phishing attempt from  erica.

I stupidly clicked on the link in the email but it looked likea broken link to nowhere.

not very happy.

i never receied any email from the company regarding the phishing attempt.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on March 02, 2018, 12:36:21 AM
If anyone accidentally clicked that link, I can help check to see if you’ve been compromised.  PM me your password and I’ll let you know the results
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: grantmeaname on March 02, 2018, 02:34:27 AM
Only if I get Cat Facts afterwards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on March 02, 2018, 06:08:54 AM
I also got the phishing attempt from  erica.

I stupidly clicked on the link in the email but it looked likea broken link to nowhere.

not very happy.

i never receied any email from the company regarding the phishing attempt.

You'll be fine unless you actually entered any password info
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Smokystache on March 03, 2018, 09:59:58 AM
My Discover got shut down yesterday as well :(

I had a limit of 2 users, but I guess Discover is still not safe to use!

Disappointing to read about these Discover card account closings because I reliably sell 1-2 slots (max is 2 for me) every month via TL co. #1 (and have done so for the past two years). I would really like to know what flags trigger an audit by Discover... Perhaps it's random. Card use or lack therof? Activation (or not) of AU's card after you receive it? I use my Discover card regularly for Amazon purchases -- don't know if this factors in or not.

Crud. Lost one of my Discover accounts too. Customer Service would only give me a mailing address  - wouldn't transfer me to anyone. Has anyone tried to communicate my mail with Discover about it? Anyone have success/failure after trying? Hate to give up this little side income.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 03, 2018, 10:07:42 AM
Sorry to hear about your Discove card. I have a ten year old discover and my wife applied for a new one this week. Do you use it alot or just keep the minimum 5-10 $ balance?

I had both my BOA closed recently, I did put more than 2 users on though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 03, 2018, 10:23:59 AM
....and I've noped out. No more Tradeline Company II for me. Late payments, they got hacked, disorganized handling the seller side of tradelines - how can I trust they vet the purchasers properly?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 03, 2018, 12:00:51 PM
Discover closed one of my two cards with them, probably due to tradeline sales.  I'm sure the other one isn't far behind. It's been a good run with the card though. I probably had about 15 tradeline sales with it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on March 04, 2018, 04:55:11 AM
Same here, just got one of two Discover cards closed.  Too bad, I probably had close to 50 sales on that card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on March 04, 2018, 09:59:21 AM
Anyone hear anything from either of Tradeline companies about the Discover shutdowns? Did anyone who got their card shut down communicate the shutdown to the company? Usually there is a note sent out when cards are getting shut down, or cards are rested, etc. but I haven't seen anything. I just had a discover sale, so far no shutdown, but keeping fingers crossed...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 04, 2018, 10:39:28 AM
Anyone hear anything from either of Tradeline companies about the Discover shutdowns? Did anyone who got their card shut down communicate the shutdown to the company? Usually there is a note sent out when cards are getting shut down, or cards are rested, etc. but I haven't seen anything. I just had a discover sale, so far no shutdown, but keeping fingers crossed...

I asked TL2 company to rest my discover a few weeks ago.  They just confirmed they would, no comments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on March 04, 2018, 01:24:21 PM
I emailed TL1 this morning and told them my card was shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on March 04, 2018, 04:03:10 PM
So my Discover account has been shut down as well.  I knew it was a risk but I am still disappointed.  I was making a lot of money with those sales!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on March 04, 2018, 04:08:53 PM
In good news, that may mean some of you that weren’t getting sales may start seeing sales now...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 05, 2018, 08:51:35 AM
If the CC takes SSN, you can probably skip address.  It may not match and you won't be paid... 

Barclays does not take SSN on web site so I input the address.  However, BC seems to be very lax...

Citi website does not have SSN either, so you have to call in.  Are you sure you're not supposed to call in to Barclays to put in SSN?  I was under the impression the SSN is the most important piece of information and must be added (which is why I have to call citi instead of doing it online).

I just got an add on my BoA card.  BoA lets me add everything online myself, which is so much easier.  I don't understand why all cc companies don't let us just add AU directly with all the info via web page.  When I call it in that's all the rep is doing is just typing the information I give them, except there is potential for errors since we are literally playing telephone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 05, 2018, 10:36:08 AM
If the CC takes SSN, you can probably skip address.  It may not match and you won't be paid... 

Barclays does not take SSN on web site so I input the address.  However, BC seems to be very lax...

Citi website does not have SSN either, so you have to call in.  Are you sure you're not supposed to call in to Barclays to put in SSN?  I was under the impression the SSN is the most important piece of information and must be added (which is why I have to call citi instead of doing it online).

I just got an add on my BoA card.  BoA lets me add everything online myself, which is so much easier.  I don't understand why all cc companies don't let us just add AU directly with all the info via web page.  When I call it in that's all the rep is doing is just typing the information I give them, except there is potential for errors since we are literally playing telephone.

Except for piggybackers, it's a feature that probably isn't used very much by regular users.  Not worth the IT development and support costs.  Even though I like BofA for doing so, if I were the CEO or a shareholder I would think it a mistake.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 05, 2018, 11:02:17 AM
If the CC takes SSN, you can probably skip address.  It may not match and you won't be paid... 

Barclays does not take SSN on web site so I input the address.  However, BC seems to be very lax...

Citi website does not have SSN either, so you have to call in.  Are you sure you're not supposed to call in to Barclays to put in SSN?  I was under the impression the SSN is the most important piece of information and must be added (which is why I have to call citi instead of doing it online).

You are supposed to.  All of my BC adds have worked without SSN.  I'm being lazy..
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on March 05, 2018, 11:34:40 AM
If the CC takes SSN, you can probably skip address.  It may not match and you won't be paid... 

Barclays does not take SSN on web site so I input the address.  However, BC seems to be very lax...

Citi website does not have SSN either, so you have to call in.  Are you sure you're not supposed to call in to Barclays to put in SSN?  I was under the impression the SSN is the most important piece of information and must be added (which is why I have to call citi instead of doing it online).

You are supposed to.  All of my BC adds have worked without SSN.  I'm being lazy..

same here i never call to add with barclays and they've always worked.  i'm more concerned about getting paid.  i always have to email its quite annoying and now responses take longer.  they need to automate this payment system or start paying us interest.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 05, 2018, 12:20:47 PM
If the CC takes SSN, you can probably skip address.  It may not match and you won't be paid... 

Barclays does not take SSN on web site so I input the address.  However, BC seems to be very lax...

Citi website does not have SSN either, so you have to call in.  Are you sure you're not supposed to call in to Barclays to put in SSN?  I was under the impression the SSN is the most important piece of information and must be added (which is why I have to call citi instead of doing it online).

I just got an add on my BoA card.  BoA lets me add everything online myself, which is so much easier.  I don't understand why all cc companies don't let us just add AU directly with all the info via web page.  When I call it in that's all the rep is doing is just typing the information I give them, except there is potential for errors since we are literally playing telephone.

Except for piggybackers, it's a feature that probably isn't used very much by regular users.  Not worth the IT development and support costs.  Even though I like BofA for doing so, if I were the CEO or a shareholder I would think it a mistake.

But they already have the feature (or else how could the reps do it?).  How does it make sense to employ a rep for me to call into three times(looking at you citi) to add an AU, but not just roll that feature into your main website?  Surely those reps don't work for free.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 05, 2018, 02:39:53 PM
If the CC takes SSN, you can probably skip address.  It may not match and you won't be paid... 

Barclays does not take SSN on web site so I input the address.  However, BC seems to be very lax...

Citi website does not have SSN either, so you have to call in.  Are you sure you're not supposed to call in to Barclays to put in SSN?  I was under the impression the SSN is the most important piece of information and must be added (which is why I have to call citi instead of doing it online).

I just got an add on my BoA card.  BoA lets me add everything online myself, which is so much easier.  I don't understand why all cc companies don't let us just add AU directly with all the info via web page.  When I call it in that's all the rep is doing is just typing the information I give them, except there is potential for errors since we are literally playing telephone.

Except for piggybackers, it's a feature that probably isn't used very much by regular users.  Not worth the IT development and support costs.  Even though I like BofA for doing so, if I were the CEO or a shareholder I would think it a mistake.

But they already have the feature (or else how could the reps do it?).  How does it make sense to employ a rep for me to call into three times(looking at you citi) to add an AU, but not just roll that feature into your main website?  Surely those reps don't work for free.

Reps are very cheap (just above minimum wage) and are probably considered an ambiguous sunk cost by most CC execs.  IT people are expensive and the projects to "just roll [features] in" have large and visible price tags.  Converting an "internal" feature where a CSR can add someone to the database to an "external" feature where a customer can use it still costs money.  So maybe $100K to convert it to an external feature vs. $1 ($10 per hour times six minutes for the AU add phone call).

I agree with you about the three times thing being doubleplusungood.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 06, 2018, 01:48:00 PM
https://www.wsj.com/articles/the-new-id-theft-thousands-of-credit-applicants-who-dont-exist-1520350404

Here's an article that discusses a type of credit card fraud. The guy created tons of fictitious people and applied for loans in their name. CPNs are referenced, and so is bust out fraud.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on March 06, 2018, 03:06:18 PM
So as I posted above, Discover closed the card I was using to sell tradelines.  Today they closed my second account with them.  This was a new account and I had never sold any tradelines on this card.  I didn't think they regularly did that.  Are tradeline sales becoming unworkable? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 06, 2018, 05:49:31 PM
My second Discover card got closed down as well.  Goodbye Discover. Hello Barclay, Bank of America, PNC, and US Bank.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on March 06, 2018, 06:07:50 PM
Were you selling tradelines on your second account?  Unfortunately either I don't have an account with those other companies or it is too new to sell for tradelines.  I'm going to miss the money (at least for a few years)!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 06, 2018, 06:25:47 PM
https://www.wsj.com/articles/the-new-id-theft-thousands-of-credit-applicants-who-dont-exist-1520350404

Here's an article that discusses a type of credit card fraud. The guy created tons of fictitious people and applied for loans in their name. CPNs are referenced, and so is bust out fraud.

That is a disturbing yet clarifying article. Thanks for posting. Hopefully the tradeline companies are doing all they can to prevent CPN's from slipping through the cracks into their system.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 06, 2018, 07:07:28 PM
I called citi and added 2 unrelated AU at the same time.  Citi send both cards in the same envelope addressed to the first AU at my address.  Seems kind of weird that they would send both in the same envelope, even though it's the same address.  Seems super weird that they would address it to only one of the AU too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 06, 2018, 07:25:41 PM
I called citi and added 2 unrelated AU at the same time.  Citi send both cards in the same envelope addressed to the first AU at my address.  Seems kind of weird that they would send both in the same envelope, even though it's the same address.  Seems super weird that they would address it to only one of the AU too.

They're just saving money. They sent me my replacement card (even though i didn't ask for it and still had time before my previous card expires) and an AU card in the same envelope to my address. No big deal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on March 07, 2018, 01:24:02 AM
I’m out.  For a couple sales but decided I don’t trust this company and I’d rather not have my cards closed down.  I don’t have many eligible cards anyways
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on March 07, 2018, 05:52:16 AM
https://www.wsj.com/articles/the-new-id-theft-thousands-of-credit-applicants-who-dont-exist-1520350404

Here's an article that discusses a type of credit card fraud. The guy created tons of fictitious people and applied for loans in their name. CPNs are referenced, and so is bust out fraud.
I emailed 2 TL companies about a similar article from the GAO (https://www.gao.gov/assets/690/686869.pdf) (Step 4) just before Christmas, and this one never replied (no real surprise, eh?).

I've now rested both my cards with this company. I ended up with 4 total AUs since Aug (4 on 1 card) so I can't complain as much as others.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on March 07, 2018, 12:29:31 PM
Re: Discover shutdowns. I noticed that TL co. 1 shows both my Discover slots as sold this month but I didn't get notifications for adds, and I'm past the add date now, so I wonder if they're resting Discover cards but haven't notified us?

ETA: oops, received notice for an add right as I posted the above message, but when I go to discover to add the user I get this friendly little message:

Please Call Us to Update Your Account
You've previously initiated a credit bureau fraud alert on this account. If you'd like to make an update to your account,
please call us at 1-800-DISCOVER (1-800-347-2683) from the phone number you submitted to that credit bureau.

Nope, I initiated no fraud alert on this account. I don't know what that means. Ba bye, Discover adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on March 07, 2018, 07:02:09 PM
That was the message I received from Discover right before I was notified that the account had been closed.  It's disappointing but at least I made a nice chunk of change first.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on March 07, 2018, 07:16:04 PM
I have extreme issues with this company. I don't think they vet users to the level they say. And they do not pay you unless you ask. And they mess that up too. I'm pretty well done with this company I have better ones I use and they are much better organized how can you say you actually do all of these things to vet your clients but can't pay someone on time. Is not 1930 the computer and automated payment systems gave been invented
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 08, 2018, 08:20:37 AM
I have extreme issues with this company. I don't think they vet users to the level they say. And they do not pay you unless you ask. And they mess that up too. I'm pretty well done with this company I have better ones I use and they are much better organized how can you say you actually do all of these things to vet your clients but can't pay someone on time. Is not 1930 the computer and automated payment systems gave been invented

I solved this problem by publicly making a similar complaint here.  All of my sales magically dried up immediately.  I've had zero sales since then, something like eight months. 

Maybe coincidence?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on March 08, 2018, 08:31:46 AM
That was the message I received from Discover right before I was notified that the account had been closed.  It's disappointing but at least I made a nice chunk of change first.


My Discover card was closed today. Those who want to hold onto their Discover cards might want to rest those cards for a while.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on March 08, 2018, 11:06:33 AM
I have extreme issues with this company. I don't think they vet users to the level they say. And they do not pay you unless you ask. And they mess that up too. I'm pretty well done with this company I have better ones I use and they are much better organized how can you say you actually do all of these things to vet your clients but can't pay someone on time. Is not 1930 the computer and automated payment systems gave been invented

Can you say or PM who you use?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 08, 2018, 01:12:14 PM
https://www.wsj.com/articles/the-new-id-theft-thousands-of-credit-applicants-who-dont-exist-1520350404

Here's an article that discusses a type of credit card fraud. The guy created tons of fictitious people and applied for loans in their name. CPNs are referenced, and so is bust out fraud.

That is a disturbing yet clarifying article. Thanks for posting. Hopefully the tradeline companies are doing all they can to prevent CPN's from slipping through the cracks into their system.

As slack as Company 2 has been on straightforward stuff like "paying people on time" - I no longer trust them to thoroughly vet buyers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on March 11, 2018, 12:58:41 PM
BOA closed both of my cards for "irregular activity" today.  One card was 2 years old and another was 11 years old.   I had only added one AU on the 2 y.o. card and two on the 11 y.o.  I activated the AU cards and made small ~$3 purchases/month. When I called the fraud people at BOA they wouldn't give any specifics.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 11, 2018, 04:04:48 PM
Perhaps BofA is not far behind Discover. I have a feeling tradelines is going to be a thing of the past soon. Sucks for those getting the bulk of the sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 11, 2018, 05:52:56 PM
Perhaps BofA is not far behind Discover. I have a feeling tradelines is going to be a thing of the past soon. Sucks for those getting the bulk of the sales.

To me it sucks more for those who just got a couple of sales and were canceled anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: y3ll0wsubmarine on March 11, 2018, 07:18:55 PM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on March 11, 2018, 09:12:58 PM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?

I called to ask both of those questions - I was told I could write a letter to the corporate office if I wanted to know why the card was closed. I was also told that the card was closed permanently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on March 12, 2018, 06:15:21 AM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?

When I called , they couldn't tell me why.  I later got a letter in the mail, apologizing for the lack of clarity and offering up some useless explanation (something about incompatible usage activity).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on March 12, 2018, 06:45:23 AM
Perhaps BofA is not far behind Discover. I have a feeling tradelines is going to be a thing of the past soon. Sucks for those getting the bulk of the sales.

BofA has already been removd from the other site i use.  I find it interesting the this site is still allowing those cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 12, 2018, 08:14:45 AM
Perhaps BofA is not far behind Discover. I have a feeling tradelines is going to be a thing of the past soon. Sucks for those getting the bulk of the sales.

To me it sucks more for those who just got a couple of sales and were canceled anyway.

Sure, but those getting the bulk of the sales will feel a greater financial impact. We all know the risk of possibly getting our cards canceled.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 12, 2018, 08:17:43 AM
Perhaps BofA is not far behind Discover. I have a feeling tradelines is going to be a thing of the past soon. Sucks for those getting the bulk of the sales.

BofA has already been removd from the other site i use.  I find it interesting the this site is still allowing those cards.

Hmmm, didn't know that. I don't have any BofA cards. I was seasoning a couple other cards (one being a Discover). I haven't kept up much either though because of the complete lack of sales for my cards over the last year.

Edit: Just tried to login to 2nd company and my account apparently has been disabled. Anyone else having issues?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JohnGalt79 on March 12, 2018, 10:40:37 AM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?

I called to ask both of those questions - I was told I could write a letter to the corporate office if I wanted to know why the card was closed. I was also told that the card was closed permanently.

Same here.  Then I actually wrote a letter to the corporate office asking to know the reason for closure.  Their reply to my letter was even less helpful/informative than they were on the phone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on March 12, 2018, 11:07:14 AM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?

I called to ask both of those questions - I was told I could write a letter to the corporate office if I wanted to know why the card was closed. I was also told that the card was closed permanently.

Same here.  Then I actually wrote a letter to the corporate office asking to know the reason for closure.  Their reply to my letter was even less helpful/informative than they were on the phone.

It seems pretty obvious to me that the answer is "because you're selling tradelines" but their customer service department won't let them tell customers to fuck off, so they talk around it with vague generalities.

Am I the only one who sees absolutely no mystery in banks shutting down these cards?  They think you've violated their terms of service.  You are exposing the bank to outside risks and offering them no profit in return.  They have the right to terminate you at any time for any reason.  Seems pretty clear cut to me; if they think you're selling tradelines they will squash you, and then laugh when you act all innocent and offended about it. 

"But WHY can't I game the system for personal profit?" probably isn't going to get you very far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on March 12, 2018, 02:05:20 PM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?

I called to ask both of those questions - I was told I could write a letter to the corporate office if I wanted to know why the card was closed. I was also told that the card was closed permanently.

Same here.  Then I actually wrote a letter to the corporate office asking to know the reason for closure.  Their reply to my letter was even less helpful/informative than they were on the phone.

It seems pretty obvious to me that the answer is "because you're selling tradelines" but their customer service department won't let them tell customers to fuck off, so they talk around it with vague generalities.

Am I the only one who sees absolutely no mystery in banks shutting down these cards?  They think you've violated their terms of service.  You are exposing the bank to outside risks and offering them no profit in return.  They have the right to terminate you at any time for any reason.  Seems pretty clear cut to me; if they think you're selling tradelines they will squash you, and then laugh when you act all innocent and offended about it. 

"But WHY can't I game the system for personal profit?" probably isn't going to get you very far.

Agreed...but there is no false innocence since there is nothing to hide.  If people want to pay me to add them as an AU, I see no legal issue with it and nowhere in the terms that says I can't do so.

Does the bank really have any outside risk or is it the party who is giving these folks a loan/better rate due to an inflated credit score the ones really at risk?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 12, 2018, 02:43:59 PM
I agree, I can't find anything in the TOS that I am violating, or anywhere that forbids it.  No where in the TOS does it say I must have any kind of relationship with, or even know the person I am adding as an AU, just that I have their permission to add them and that I am responsible for purchases made by them.

I guess I get why the cc company would frown on this activity, but it's not specifically forbidden that I can see.  I also get that they reserve the right to cancel my account for any reason (whether it violates the TOS or not) they want, and they don't need to come out and give a specific reason. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 12, 2018, 03:24:35 PM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?

I called to ask both of those questions - I was told I could write a letter to the corporate office if I wanted to know why the card was closed. I was also told that the card was closed permanently.

Same here.  Then I actually wrote a letter to the corporate office asking to know the reason for closure.  Their reply to my letter was even less helpful/informative than they were on the phone.

It seems pretty obvious to me that the answer is "because you're selling tradelines" but their customer service department won't let them tell customers to fuck off, so they talk around it with vague generalities.

Am I the only one who sees absolutely no mystery in banks shutting down these cards?  They think you've violated their terms of service.  You are exposing the bank to outside risks and offering them no profit in return.  They have the right to terminate you at any time for any reason.  Seems pretty clear cut to me; if they think you're selling tradelines they will squash you, and then laugh when you act all innocent and offended about it. 

"But WHY can't I game the system for personal profit?" probably isn't going to get you very far.

Agreed...but there is no false innocence since there is nothing to hide.  If people want to pay me to add them as an AU, I see no legal issue with it and nowhere in the terms that says I can't do so.

Does the bank really have any outside risk or is it the party who is giving these folks a loan/better rate due to an inflated credit score the ones really at risk?

The bank has no way of knowing which future bank will be defrauded by the credit score boost, it could be their own bank. why take the risk? Especially since the majority of the cards being used for this activity have minimal spend. Like seriously, what benefit does the bank have allow it to keep happening once they catch on?
 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on March 12, 2018, 03:35:07 PM
can anyone share experience using Chase cards? any good companies that still take them and how has it gone
thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on March 12, 2018, 03:37:43 PM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?

I called to ask both of those questions - I was told I could write a letter to the corporate office if I wanted to know why the card was closed. I was also told that the card was closed permanently.

Same here.  Then I actually wrote a letter to the corporate office asking to know the reason for closure.  Their reply to my letter was even less helpful/informative than they were on the phone.

It seems pretty obvious to me that the answer is "because you're selling tradelines" but their customer service department won't let them tell customers to fuck off, so they talk around it with vague generalities.

Am I the only one who sees absolutely no mystery in banks shutting down these cards?  They think you've violated their terms of service.  You are exposing the bank to outside risks and offering them no profit in return.  They have the right to terminate you at any time for any reason.  Seems pretty clear cut to me; if they think you're selling tradelines they will squash you, and then laugh when you act all innocent and offended about it. 

"But WHY can't I game the system for personal profit?" probably isn't going to get you very far.

Agreed...but there is no false innocence since there is nothing to hide.  If people want to pay me to add them as an AU, I see no legal issue with it and nowhere in the terms that says I can't do so.

Does the bank really have any outside risk or is it the party who is giving these folks a loan/better rate due to an inflated credit score the ones really at risk?

The bank has no way of knowing which future bank will be defrauded by the credit score boost, it could be their own bank. why take the risk? Especially since the majority of the cards being used for this activity have minimal spend. Like seriously, what benefit does the bank have allow it to keep happening once they catch on?

I don't think defrauded is the right term since banks/lenders know that being an AU boosts credit scores without the obligation. Diligent financial underwriters that look at more than just the credit score can see this and discount it if they decide to do so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 12, 2018, 10:04:59 PM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?

I called to ask both of those questions - I was told I could write a letter to the corporate office if I wanted to know why the card was closed. I was also told that the card was closed permanently.

Same here.  Then I actually wrote a letter to the corporate office asking to know the reason for closure.  Their reply to my letter was even less helpful/informative than they were on the phone.

It seems pretty obvious to me that the answer is "because you're selling tradelines" but their customer service department won't let them tell customers to fuck off, so they talk around it with vague generalities.

Am I the only one who sees absolutely no mystery in banks shutting down these cards?  They think you've violated their terms of service.  You are exposing the bank to outside risks and offering them no profit in return.  They have the right to terminate you at any time for any reason.  Seems pretty clear cut to me; if they think you're selling tradelines they will squash you, and then laugh when you act all innocent and offended about it. 

"But WHY can't I game the system for personal profit?" probably isn't going to get you very far.

Agreed...but there is no false innocence since there is nothing to hide.  If people want to pay me to add them as an AU, I see no legal issue with it and nowhere in the terms that says I can't do so.

Does the bank really have any outside risk or is it the party who is giving these folks a loan/better rate due to an inflated credit score the ones really at risk?

The bank has no way of knowing which future bank will be defrauded by the credit score boost, it could be their own bank. why take the risk? Especially since the majority of the cards being used for this activity have minimal spend. Like seriously, what benefit does the bank have allow it to keep happening once they catch on?

I don't think defrauded is the right term since banks/lenders know that being an AU boosts credit scores without the obligation. Diligent financial underwriters that look at more than just the credit score can see this and discount it if they decide to do so.


Do you see how ridiculous that sounds? "banks should allow me to add stranger AU's because the underwriters should know better". Yeah...no.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 12, 2018, 10:31:10 PM
I guess "The Top Is In" 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on March 12, 2018, 11:17:10 PM
Anyone who's had their Discover card canceled, ever called to find out what their exact reasoning is? Or been able to have them reopened?

I called to ask both of those questions - I was told I could write a letter to the corporate office if I wanted to know why the card was closed. I was also told that the card was closed permanently.

Same here.  Then I actually wrote a letter to the corporate office asking to know the reason for closure.  Their reply to my letter was even less helpful/informative than they were on the phone.

It seems pretty obvious to me that the answer is "because you're selling tradelines" but their customer service department won't let them tell customers to fuck off, so they talk around it with vague generalities.

Am I the only one who sees absolutely no mystery in banks shutting down these cards?  They think you've violated their terms of service.  You are exposing the bank to outside risks and offering them no profit in return.  They have the right to terminate you at any time for any reason.  Seems pretty clear cut to me; if they think you're selling tradelines they will squash you, and then laugh when you act all innocent and offended about it. 

"But WHY can't I game the system for personal profit?" probably isn't going to get you very far.

Agreed...but there is no false innocence since there is nothing to hide.  If people want to pay me to add them as an AU, I see no legal issue with it and nowhere in the terms that says I can't do so.

Does the bank really have any outside risk or is it the party who is giving these folks a loan/better rate due to an inflated credit score the ones really at risk?

The bank has no way of knowing which future bank will be defrauded by the credit score boost, it could be their own bank. why take the risk? Especially since the majority of the cards being used for this activity have minimal spend. Like seriously, what benefit does the bank have allow it to keep happening once they catch on?

I don't think defrauded is the right term since banks/lenders know that being an AU boosts credit scores without the obligation. Diligent financial underwriters that look at more than just the credit score can see this and discount it if they decide to do so.


Do you see how ridiculous that sounds? "banks should allow me to add stranger AU's because the underwriters should know better". Yeah...no.

You're right
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 13, 2018, 05:23:55 AM
I guess "The Top Is In"

Haha, true!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on March 13, 2018, 06:23:50 AM
I don't think defrauded is the right term since banks/lenders know that being an AU boosts credit scores without the obligation. Diligent financial underwriters that look at more than just the credit score can see this and discount it if they decide to do so.


Do you see how ridiculous that sounds? "banks should allow me to add stranger AU's because the underwriters should know better". Yeah...no.

I read meatgrinder's post as saying "defrauded" isn't the best word, and I would agree. The determination to count AUs for credit purposes even though there is no obligation was made by the financial industry. That isn't to say that they must allow this; merely that operating within their rules is hardly fraud.

For example, some ways that the financial industry could react to close down tradelines on a broader basis, rather than an individual account, are:
-Counting the AUs credit only for the duration they have been an AU, not the full age of the account (a la AMEX)
-Count AUs but only for a fraction (1/10, or 1/100) of the total limit
-Put in their TOS that AUs must have a verifiable relationship with the account owner of personal CCs in order to be added. This would preserve AUs counting for spouses, etc.
-Don't count AUs at all

I'm an underwriter (insurance, not banking, though). Underwriting for personal accounts is almost entirely automated in every sector that I know of; not just because of the processing time and money but also because of the regulations that personal financial services are required to meet.

If my company told your state that we would write your insurance for $X if your credit score was Y, I am required by that filing to offer you that $X premium even if I knew for 100% that your score was artificially inflated. (And in practicality, I would have no way of knowing that. Credit score calculations are so inscrutable that almost any score could be associated with any individual's other data.) If I failed to do so, my company would be subject to fines and penalties for not adhering to what we said we'd do. We could argue that the score was artificially manipulated, and we would be told "You should have thought about that before you decided you wanted to include it in your rating. Sorry not sorry."

As an analogy, you know how most insurance policies provide for a "good student discount" where A- or B-average grades reduce the amounts you pay for insurance for that student? Insurance companies know that there's a wide variety in "B-average" (kids who are taking AP/honors classes versus kids whose parents told them to schedule a bunch of fluff classes for the term prior to getting their license to bring up their normal D-average). They know the system can be gamed and even within that variety and with that gaming, it still makes sense to differentiate student drivers on grades overall.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 13, 2018, 07:50:19 AM
I tried logging into the web portal this morning and got the message "UserName and/or Password Not Found or account has been disabled." Anyone else having issues?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 13, 2018, 08:04:54 AM
I tried logging into the web portal this morning and got the message "UserName and/or Password Not Found or account has been disabled." Anyone else having issues?

Working for me, though it did have me reset my password when logging in, I believe implemented recently as a security measure.

It gave me an error about needing a capital letter, lowercase letter, number, and symbol, which I did have, but finally realized it had a hidden maximum length, so if you're getting that error, try a shorter password.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 13, 2018, 08:25:21 AM
I tried logging into the web portal this morning and got the message "UserName and/or Password Not Found or account has been disabled." Anyone else having issues?

I posted yesterday about having the same issue when trying to login. I give up. This company royally sucks! Time to move on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on March 13, 2018, 08:37:03 AM
It gave me an error about needing a capital letter, lowercase letter, number, and symbol, which I did have, but finally realized it had a hidden maximum length, so if you're getting that error, try a shorter password.
I hate hidden password rules, especially those that prevent more secure passwords (characters not allowed, maximum length). NIST guidelines (https://pages.nist.gov/800-63-3/sp800-63b.html#sec5) suggest a password field should allow at least 64 characters.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 13, 2018, 09:54:14 AM
I sent an email and got a prompt response from Cliff:

"Last week I asked our programmer to require everybody to change their passwords as a precaution. I also asked him to require the minimum strength to be increased and it sounds like he needs to take a look at see if he has any errors in his coding. No need to be concerned though, it’s definitely not indicative of any issues pertaining to unauthorized access."

He is having his programmer look at my account, so hopefully we get it sorted quickly. He was very responsive though!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 13, 2018, 12:00:18 PM
can anyone share experience using Chase cards? any good companies that still take them and how has it gone
thanks

Read the thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 13, 2018, 01:00:13 PM
I tried logging into the web portal this morning and got the message "UserName and/or Password Not Found or account has been disabled." Anyone else having issues?

Working for me, though it did have me reset my password when logging in, I believe implemented recently as a security measure.

It gave me an error about needing a capital letter, lowercase letter, number, and symbol, which I did have, but finally realized it had a hidden maximum length, so if you're getting that error, try a shorter password.
I logged in on the weekend and immediately had to choose a new password.
It said my new password was good - even before I typed it again to confirm it (which, in hindsight, was a red flag).  I tried to log in with the new password and got the message "UserName and/or Password Not Found or account has been disabled."
I called Monday morning.  It took a while for the gal to understand I'm an 'AU seller' (they call us 'card holders').  Confirming who I am took a bit too - our card #s are different from our ID #...  Then... she read my old PW!!  I worked in IT network support for 20 yrs.  I've never seen a system where ANYONE could 'read' someone's PW!!  That is NOT a secure system!!!
I logged in with my old, not very complex, PW and put in my new one (twice).  Then I logged in with the new PW.
 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 13, 2018, 01:26:54 PM
This is strange. I have not had to change my password, even though Cliff said "everyone" should be required to change it.

However, it appears a new interface went live this weekend. I see a blue bar across the top of the screen, and a blue box with a welcome message when I log in. Those are new.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on March 13, 2018, 02:41:29 PM
Quote
Then... she read my old PW!!  I worked in IT network support for 20 yrs.  I've never seen a system where ANYONE could 'read' someone's PW!!  That is NOT a secure system!!!

Wow. This emphasizes the importance of unique passwords for every website. I’m also glad I quit selling tradelines a few months ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 13, 2018, 07:38:24 PM
Quote
Then... she read my old PW!!  I worked in IT network support for 20 yrs.  I've never seen a system where ANYONE could 'read' someone's PW!!  That is NOT a secure system!!!

Wow. This emphasizes the importance of unique passwords for every website. I’m also glad I quit selling tradelines a few months ago.

That's real incompetence. Plaintext password should NEVER be visible to others.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: changed for protection on March 14, 2018, 02:01:50 PM
I'm a little disappointed because I just found out about selling credit lines but it seems the companies have gotten worse and that CC companies have been catching on. I think it would be very easy for them to realize that I am adding random users after having absolutely no activity on the card for almost 10 years. I'd be very curious to see what the seasoned tradeline sellers think. Is it too late to get in? Do the new risks outweigh the rewards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 14, 2018, 02:24:43 PM
It really depends on the credit card company you're thinking of using. Obviously Discover, Bank of America, and Chase are a problem.
I think Barclay, PNC, US Bank, Citi still ok.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on March 14, 2018, 03:36:33 PM
Discover use to practically beg people to do this so its odd they did an about face. As an update, the new company paid me on time this month without prompting
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: yachi on March 15, 2018, 07:14:10 AM
I just added an AU on Discover using the old company, and it went through fine.  I've found myself making more purchases on my Discover card as an incentive to keep my card open.  I've also been selecting 'don't send a card' to keep Discover's costs low.  Based on the article above, I've decided to check all the uploaded IDs before adding a user.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on March 15, 2018, 10:03:10 AM
It really depends on the credit card company you're thinking of using. Obviously Discover, Bank of America, and Chase are a problem.
I think Barclay, PNC, US Bank, Citi still ok.
That is now.  I suspect it to change, and keep changing over time.
I have an AU on my Discover...  I'm going to take it off 3 days after my next closing date.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on March 15, 2018, 10:59:54 AM
I just added an AU on Discover using the old company, and it went through fine.  I've found myself making more purchases on my Discover card as an incentive to keep my card open.  I've also been selecting 'don't send a card' to keep Discover's costs low.  Based on the article above, I've decided to check all the uploaded IDs before adding a user.

How do you "check" IDs before adding?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spacecadet610 on March 15, 2018, 12:05:18 PM
i still haven't got paid for AU added 12/7.

Cliff hasn't responded to my email about it i sent 5 days ago.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 15, 2018, 01:07:43 PM
i still haven't got paid for AU added 12/7.

Cliff hasn't responded to my email about it i sent 5 days ago.

Send a message to arebelspy about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on March 15, 2018, 09:33:19 PM
i still haven't got paid for AU added 12/7.

Cliff hasn't responded to my email about it i sent 5 days ago.

Ditto. I haven't received payment for my 12/6/17 add. I have emailed Cliff and Erica multiple times.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spacecadet610 on March 15, 2018, 11:19:55 PM
This company is either extremely incompetent, negligent or corrupt. I don't know know which.

Thinking of not doing this anymore.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on March 19, 2018, 04:23:18 PM
I just got a request to remove an authorized user from my B of A.  This AU has been on since 12/4 and I have another AU on as well.  Do you think I should leave the AU on longer so it doesn't look as suspicious?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 20, 2018, 10:55:30 AM
I just received a payment.  Hopefully, everyone will see them too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrontRanger on March 20, 2018, 11:42:42 AM
first timer question. I just got my first check from the new company for an add back in December running through February. At what point do you get notified to remove the AU? Or do you simply wait a few days after the billing period ends and remove them? I have yet to get any communications about removal....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on March 20, 2018, 12:32:58 PM
first timer question. I just got my first check from the new company for an add back in December running through February. At what point do you get notified to remove the AU? Or do you simply wait a few days after the billing period ends and remove them? I have yet to get any communications about removal....

From my experience it should be right about now you get the removal request. However like all things with this company you sometimes have to email and pester them
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: yachi on March 20, 2018, 01:24:49 PM
I just added an AU on Discover using the old company, and it went through fine.  I've found myself making more purchases on my Discover card as an incentive to keep my card open.  I've also been selecting 'don't send a card' to keep Discover's costs low.  Based on the article above, I've decided to check all the uploaded IDs before adding a user.

How do you "check" IDs before adding?

With the old company, they upload IDs in case you need it to add the AU.  I'm checking to make sure they match in name, and that they are there.  The one I had already added uploaded a pay stub instead of a social security card.  The next time that happens I won't add them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 20, 2018, 02:41:41 PM
first timer question. I just got my first check from the new company for an add back in December running through February. At what point do you get notified to remove the AU? Or do you simply wait a few days after the billing period ends and remove them? I have yet to get any communications about removal....

From my experience it should be right about now you get the removal request. However like all things with this company you sometimes have to email and pester them

You'll get an email from the portal to remove them when the company thinks it is the right time.  I always wait for that email before removing the AU.  Sometimes they will have you leave the AU on for longer than you expect.  I don't know the reason for that but I am guessing that as long as they don't have another sale for you on that card they'll leave the AU on.  Leaving AUs on longer may look less suspicious to the CC companies (although only marginally less suspicious IMO).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MVal on March 21, 2018, 01:00:15 PM
Guys, my Discover card account just got closed due to them getting wise about tradelining. What should I do? Is there a chance they'll let me re-open the account? I knew it was part of the risks, but it sucks since I had a high credit limit with them...I guess this is going to ruin my credit score?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 21, 2018, 01:08:29 PM
Guys, my Discover card account just got closed due to them getting wise about tradelining. What should I do? Is there a chance they'll let me re-open the account? I knew it was part of the risks, but it sucks since I had a high credit limit with them...I guess this is going to ruin my credit score?

I doubt they will let you reopen it.  You can always call and ask, but I wouldn't expect anything.  Alternatively, you could wait a little bit and apply for a new card from Discover or any of the other issuers.  It would be interesting to know if one is blackballed in this situation.

And yes, account closure is the main risk of doing this.  I think ARS pretty clearly stated that in the OP and others have stated it throughout the thread.

Your score may drop some.  By how much depends on the rest of your credit report.  For most people I think "ruin" would be on the strong side.  Wait a week for it to report the bureaus and then pull it with creditkarma or similar and see.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on March 21, 2018, 01:39:34 PM
Guys, my Discover card account just got closed due to them getting wise about tradelining. What should I do? Is there a chance they'll let me re-open the account? I knew it was part of the risks, but it sucks since I had a high credit limit with them...I guess this is going to ruin my credit score?

I don't think it will ruin it.  Even if this is the only credit card on your report, from my understanding it will still be included in your score for several years to come until it is completely removed from the calculation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 21, 2018, 02:28:12 PM
Guys, my Discover card account just got closed due to them getting wise about tradelining. What should I do? Is there a chance they'll let me re-open the account? I knew it was part of the risks, but it sucks since I had a high credit limit with them...I guess this is going to ruin my credit score?

I don't think it will ruin it.  Even if this is the only credit card on your report, from my understanding it will still be included in your score for several years to come until it is completely removed from the calculation.

It will be included in terms of average age of accounts (which is helpful) but will be excluded from available credit in terms of amount of credit used (which could be good or bad depending on how much other credit the person has and how much of it they are using).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on March 21, 2018, 02:40:36 PM
Guys, my Discover card account just got closed due to them getting wise about tradelining. What should I do? Is there a chance they'll let me re-open the account? I knew it was part of the risks, but it sucks since I had a high credit limit with them...I guess this is going to ruin my credit score?

Did they actually give a reason for the closure? What exactly did it say?

But yeah, you are unlikely to get it reopened if they closed it for tradelines. Call in, maybe you will get lucky.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MVal on March 21, 2018, 03:56:11 PM
Guys, my Discover card account just got closed due to them getting wise about tradelining. What should I do? Is there a chance they'll let me re-open the account? I knew it was part of the risks, but it sucks since I had a high credit limit with them...I guess this is going to ruin my credit score?

Did they actually give a reason for the closure? What exactly did it say?

But yeah, you are unlikely to get it reopened if they closed it for tradelines. Call in, maybe you will get lucky.

I tried calling and the initial operator looking at my account saw something about authorized users, but couldn't give me further details and told me to call another number. I haven't called that other number yet. If I call and they ask why I added these people, I guess I can't lie and I'll tell the truth.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on March 22, 2018, 03:09:05 AM
Are people with account closures getting them shortly after adding/removing an AU or long after?  I had two sales a year ago so hoping I’m safe, but wondering what the trigger is.  Are we taking monthly sales or just a few here and there?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 22, 2018, 03:30:47 AM
I had my Bank of America cards shut down after I added 3 users to each one in a short amount of time.  It was soon after I had added one. One card I had not used for a year  and then used it and added. I don't know if we can figure out the trigger. I suspet they were  doing an audit. I also was called 6 months ago by Discover and they asked me to confirm the AU which my wife did. She is the cool cucumber,  I was nervous.  Now I limit myself to 2 user per card per 2-3 month period.  Currently I have another user lined up I may add them first, but then quickly remove the old one so that I only have 2 again.  I like the money but understand the game could be over at any time.  I consider the money a bonus.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MVal on March 22, 2018, 08:58:03 AM
Are people with account closures getting them shortly after adding/removing an AU or long after?  I had two sales a year ago so hoping I’m safe, but wondering what the trigger is.  Are we taking monthly sales or just a few here and there?

For me, this was my 3rd or 4th user I'd removed. I received no communication from Discover, my card just stopped working.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on March 22, 2018, 12:06:11 PM
I had my Bank of America cards shut down after I added 3 users to each one in a short amount of time.  It was soon after I had added one. One card I had not used for a year  and then used it and added. I don't know if we can figure out the trigger. I suspet they were  doing an audit. I also was called 6 months ago by Discover and they asked me to confirm the AU which my wife did. She is the cool cucumber,  I was nervous.  Now I limit myself to 2 user per card per 2-3 month period.  Currently I have another user lined up I may add them first, but then quickly remove the old one so that I only have 2 again.  I like the money but understand the game could be over at any time.  I consider the money a bonus.

I hope its a one time audit and not a systematic-ongoing audit that closes cards based on AU activity and other factors. That would be the beginning of the end if others catch on.  Of my two closed BOA cards, one was dormant for ~10 years/$30K credit line when I added two AUs over the course of two months the other dormant 2 years/$35K credit line and I added one AU and it was closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on March 22, 2018, 01:24:33 PM
captial one has been lowering credit limits when they arent being utilized myself and a friend both recently had this happen.  I'm a gold Member at BofA so maybe i skate by there without as much scrutiny but i've added and removed probably 20-30 people between 2 cards over the last almost 2 years and have had no shutdowns.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on March 22, 2018, 01:42:40 PM
I'm surprised arebelspy hasn't chimed in here lately.  He started this whole thing and now that it's blowing up with numerous complaints he's disappeared? 

I have a few cards that are aged almost 2 years that I planned to sell tradelines.  Now I'm not so sure it's worth it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 22, 2018, 01:58:54 PM
Definitely not arebelspy's fault! Personally, I'm glad he let the rest of us in on this. He warned us all of the possibilities of card closure - if you have a card you don't want shut down, don't sell tradelines on it. Simple. I wouldn't be surprised if arebelspy isn't somewhere off the grid at the moment. If not, he most likely would have chimed in already. Please feel free to drop out if you don't want to risk card closure though, I could use more sales...  ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cassie on March 22, 2018, 02:01:43 PM
They just had a major health scare recently with their new baby so he has more important things on his mind at this point I am sure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 22, 2018, 02:07:55 PM
- if you have a card you don't want shut down, don't sell tradelines on it. Simple.

^This.

As it has been mentioned numerous times, there are a couple of CC companies that seem to be oblivious.  One could sign up for those companies and let them age.  Hopefully, this will continue for a few more years or longer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on March 22, 2018, 02:23:42 PM
They just had a major health scare recently with their new baby so he has more important things on his mind at this point I am sure.

I was not aware of this.  He had always chimed in previously when the complaints piled up so I was wondering why he hadn't checked in lately.  Obviously family health issues trump this kind of stuff.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cassie on March 22, 2018, 02:45:02 PM
He posted about it on one of his threads. I can't remember if it was the Babyspy thread or his where is he thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 22, 2018, 03:48:10 PM
I'm surprised arebelspy hasn't chimed in here lately.  He started this whole thing and now that it's blowing up with numerous complaints he's disappeared?

I haven't been on the forums much in the last few months, because life. I pretty much just log in to respond to PMs and moderator reports.

I still monitor the thread sometimes, but don't feel the need to chime in when others are doing it. If you have a specific question, feel free to ask, or PM me. :)

As far as the complaints:
1) Late payments: All December payments were made, and half of January (the ones due a few weeks ago). Payments are late, and have been for awhile, but they're getting caught up, rather than falling behind. I'm definitely monitoring this.
2) Card closures: Yeah, it sucks when your card is closed. If you don't want to risk that, definitely don't sell tradelines on it. There are a few issuers that seem to never close cards (like Barclays), but it's still a risk even with them.

My offer is always open to help act as a liaison with any of the tradeline companies I've vetted, and people take me up on it semi-regularly, with pretty good results. If you have a concern, always feel free to PM me. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 22, 2018, 07:01:03 PM
I had my Bank of America cards shut down after I added 3 users to each one in a short amount of time.  It was soon after I had added one. One card I had not used for a year  and then used it and added. I don't know if we can figure out the trigger. I suspet they were  doing an audit. I also was called 6 months ago by Discover and they asked me to confirm the AU which my wife did. She is the cool cucumber,  I was nervous.  Now I limit myself to 2 user per card per 2-3 month period.  Currently I have another user lined up I may add them first, but then quickly remove the old one so that I only have 2 again.  I like the money but understand the game could be over at any time.  I consider the money a bonus.

Did BofA just shut down the cards you used for tradelines or all your cards with them? Did it happen at the same time?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 22, 2018, 07:15:43 PM
BOA shut down both of the cards I had with them and I did tradelines on both those cards.
I had just started, and only had tjhose 2 accounts for a little over a year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on March 23, 2018, 06:07:27 AM
i'm intrigued to hear more details about people's relationships with BofA who are getting shutdown - do you have a bank account with them and how long you've been active with them b/c i've had no issues as i said above.  Wonder if the gold status helps out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 23, 2018, 08:25:23 AM
Just a data point.  I had opened with that newer, sketchier tradeline co and immediately got 2 BoA AUs.  I added them.  Then got the message that one AU used a stolen CC to pay for their tradeline, remove them.  I did.  Other went fine.  Removed when told, paid.  BoA hasn't peeped.  I don't really care, though.  I have 4 CCs with BoA, literally opened only to collect the sign on bonus in my regular churning.  I don't care if they close them all down.  They don't even do low balance forgiveness.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ss17 on March 23, 2018, 09:08:32 AM
I also had a BOA card closed after I signed up and had my 1'st 2 adds with the new company back in Jan 2017.  This was an old card with a high limit that I hadn't used much recently. 
Last year, I had also started churning for signup bonuses, & last month I saw a BOA card that made sense to signup for.  Unfortunately, I was denied for the card by BOA,  since I have excellent credit, I called to inquire, & was told I was denied due to BOA closing the card last year, so if you want to Churn BOA cards, then you won't want to sell TL's on them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bernardnb on March 23, 2018, 09:20:51 AM
Are people with account closures getting them shortly after adding/removing an AU or long after?  I had two sales a year ago so hoping I’m safe, but wondering what the trigger is.  Are we taking monthly sales or just a few here and there?

My Cap One and Discover cards were shut down somewhere around a month after the last additions, so it wasn't immediate.  I had been paid for them, but had not yet been instructed to remove. 

As a data point here is what happened to me (note I do not use either tradeline company that has been recommended here).

In December 2017 Cap One card is put in "temporarily restricted" status.  I call to find out why and they say something about concerns over fraud and that I would need to submit the DL and signed SS card of my AUs.  I get those from tradeline company and provide to Cap One.  They come back and say that I need to supply those documents for ALL the AUs that I have ever added.  From 7/2016 through 11/2017 I added 20 AUs.  I receive all the documents and supply them, but one of SS cards was not signed.  Tradeline company tries to track down AU, but has no luck in getting a signed version.  Cap One will not budget on lifting restriction.  Although not sure they were going to lift it even with all the docs.

This account is technically not closed.  Tradeline company suggested waiting 6 months to see if it gets lifted or requesting the restriction be lifted at that time.

From 7/2016 through 1/2018 I added 23 AUs to my Discover card.  The last 2 adds were paid as well, but before being told to remove them my two Discover accounts (one being used for AUs and one in process of seasoning)  were closed March 8 .  I called to find out why, but was given some generic answer that others have received and was told to write a letter for more info.  I also received a note in my account's inbox that read as follows:

As part of normal account review procedures, we have reviewed your account. Based on this review, we are closing your credit line to further transactions. The following reason(s) will help explain our decision:

- WE ARE NO LONGER ABLE TO MEET YOUR SERVICING NEEDS



Not exactly sure what that means and I did write a letter, but I'm expecting some standard response without any real further answer. 

Also, not sure if it's BS and she is just trying to sympathize with me, but my contact at the tradeline company said her Discover was shut down as well and that she had never added an AU.

I knew it could go away at anytime, but definitely sucks to lose them.  Had made almost $6800 since starting.  I do have 4-5 other cards that are just aging in, but don't expect much activity since they are so young.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zap on March 23, 2018, 09:40:33 AM
I have one BoA card with the "old" company. I only sell two TLs on it and since last fall they have been staggered where I only add/remove one per month. The company was resting the card for several months last summer.

So with that background in mind, something has changed with BoA. Previously, all the customer service reps followed the same script: destroy the card and any checks, you will still be responsible for any charges made, yadda yadda. Easy peasy. With the last two it's changed. On one call the rep asked my relationship with the AU. They also offered to issue a new account number of prevent future unauthorized use. On the other, the rep wanted to make sure the AU I was removing wasn't deceased. Again, they offered a new card and number.


Sent from my SM-T800 using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 23, 2018, 12:19:01 PM
20 AUs added on one card.  Holy crap.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on March 23, 2018, 12:46:57 PM
I've rested both my cards. I had 2 added in Dec and just got the remove request for one. I was surprised to discover the other one has re-upped for some reason so I'll get another payment for that one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bernardnb on March 23, 2018, 01:00:24 PM
20 AUs added on one card.  Holy crap.

I don't think it's that many given it was over the course of a year and a half.  Works out to little over 1 per month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 23, 2018, 01:41:43 PM
20 AUs added on one card.  Holy crap.

I don't think it's that many given it was over the course of a year and a half.  Works out to little over 1 per month.

Agreed.  Looks like I have had 25 on one card with old TL co in about 20 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on March 23, 2018, 05:49:12 PM
I’m curious if anyone uses Traveling Mailbox, a UPS store address, or similar service to protect their privacy when selling Tradelines. Or to protect the AU from being associated with your address?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 25, 2018, 08:41:45 AM
20 AUs added on one card.  Holy crap.

I don't think it's that many given it was over the course of a year and a half.  Works out to little over 1 per month.

I've been with the new company for about 14 months.  4 cards registered.  3 AUs total over that time.  That's where my response came from.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Arbit Trage on March 25, 2018, 11:43:03 AM
I'm just now getting into travel hacking/churning so I'm thinking selling TL might not be for me...has there been any updates on a third recommended company or is the 2nd still the preferred?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on March 27, 2018, 07:26:20 PM
I’m curious if anyone uses Traveling Mailbox, a UPS store address, or similar service to protect their privacy when selling Tradelines. Or to protect the AU from being associated with your address?

I use Traveling Mailbox for my primary mailing needs, but not for the reasons you have listed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: doggyfizzle on March 29, 2018, 02:06:16 PM
I have one BoA card with the "old" company. I only sell two TLs on it and since last fall they have been staggered where I only add/remove one per month. The company was resting the card for several months last summer.

So with that background in mind, something has changed with BoA. Previously, all the customer service reps followed the same script: destroy the card and any checks, you will still be responsible for any charges made, yadda yadda. Easy peasy. With the last two it's changed. On one call the rep asked my relationship with the AU. They also offered to issue a new account number of prevent future unauthorized use. On the other, the rep wanted to make sure the AU I was removing wasn't deceased. Again, they offered a new card and number.


Sent from my SM-T800 using Tapatalk

My recent experience exactly.  I removed 3 AUs on the same day (which I should have staggered) and added 4 more within a couple days.  I’m pretty sure I got shut down - I got a notice this morning on my AAA credit monitoring that BoA had posted a “negative” comment to my credit report.  It’s still pending, but that card is definitely frozen and my online interface for my BoA credit cards has changed.  Not sure if calling is worth it; I’m sure the rep will still shut me down.  Fortunately I don’t have a deep relationship with BoA (checking, investments) but I did enjoy the little bit of extra passive income while it lasted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 29, 2018, 03:30:48 PM
The old tradeline company is looking for more cards.

After still more research, they are still only one of two companies that I'd recommend (and currently the main one I'd recommend, since the "new" company, as we've been calling it, has a huge glut of cards).

Criteria: Barclays, Capital One, Citibank, Discover, PNC, US Bank, USAA. Minimum $5k limit, minimum five years old. They will take cards that are younger if they have a very high limit, or cards that have a low limit, if they're very old. Doesn't hurt to ask on a particular card, but if it's newer and with a low-ish limit, it probably isn't useful for selling tradelines.

They obviously pay more for higher limits. Card age has no effect on payments with this company.

Here is their commission schedule:
Discover, Citibank, Barclays, US Bank, and PNC - 2 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $125 per spot
    Limit $20,001 - $30,000 and 2+ years old - $175 per spot
    Limit $30,001 - $40,000 and 2+ years old - $200 per spot
    Limit $40,001 - or more 2+ years old - $225 per spot

 
Capital One and USAA - 3 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $150 per spot
    Limit $20,001 - $30,000 and 2+ years old - $200 per spot
    Limit $30,001 - $40,000 and 2+ years old - $250 per spot
    Limit $40,001 - or more 5+ years old - $275 per spot

2/3 month cycle means you are paid that one amount to keep the AU on for 2 months or 3 months, respectively.


Disclaimer: I will get a referral commission when you sell AU spots, but you will get paid the same whether you use my referral or not--it will not reduce your payment to have me as the referral, and for this month, you'll make $150 more than you would otherwise due to the signup bonus.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 30, 2018, 07:34:04 AM
I got the email yesterday from the "old" company. Comparing their payout schedule, I would be in the same bucket on the cards I could move, so I did. I already had one card enrolled with them and the fact that payment posted exactly when the portal said it would was reason enough to move more cards there. Bonus, I noticed I had a Barclay card that met the age requirement but only had a $4k limit. I requested a limit increase and was able to enroll that one as well! I'm keeping my fingers crossed that they have more volume than what I've been seeing with the "new" company. I still have one younger card with the "new" company that is starting to see some action, and will enroll another one that turns a year old in April. Overall, I'm not going to get rich off the extra income, but it's still a nice boost that I wasn't expecting a year ago! Thanks arebelspy - hope all is going well with you and the family!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on March 30, 2018, 07:10:57 PM
Is the December 2016/Jan 2017 company the “new” company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 30, 2018, 07:24:44 PM
Yes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 30, 2018, 08:04:37 PM
Another data point about BofA. They blocked my card after i added 3 AUs. I called them and they re-activated the card. I will put this card on hold with a tradeline company and will see what happens to other AU sellers who report in this thread. If BofA continues to block or cancel accounts, I will not use their card for tradelines anymore.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 30, 2018, 09:31:14 PM
I had 3 adds in Feb.  2 on my citi card ($75 each), and 1 on my BoA ($175).

I just noticed there was a $50 payment in my checking account 10 days ago (the description matches the payment I received several months ago for my first sale exactly, so it's the same tradeline company).  This is much sooner than I expected for any of these adds, and doesn't match any of the expected payments.  What's up with that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: doggyfizzle on March 30, 2018, 10:38:35 PM
Another data point about BofA. They blocked my card after i added 3 AUs. I called them and they re-activated the card. I will put this card on hold with a tradeline company and will see what happens to other AU sellers who report in this thread. If BofA continues to block or cancel accounts, I will not use their card for tradelines anymore.

I haven’t called BoA yet about my blocked card; would you mind elaborating a little bit on how your phone conversation went?  It still shows in my online account, but it’s clearly restricted since I can’t even see the add authorized user link anymore (unlike on my other BoA card).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 30, 2018, 10:40:06 PM
Another data point about BofA. They blocked my card after i added 3 AUs. I called them and they re-activated the card. I will put this card on hold with a tradeline company and will see what happens to other AU sellers who report in this thread. If BofA continues to block or cancel accounts, I will not use their card for tradelines anymore.

I haven’t called BoA yet about my blocked card; would you mind elaborating a little bit on how your phone conversation went?  It still shows in my online account, but it’s clearly restricted since I can’t even see the add authorized user link anymore (unlike on my other BoA card).

The message about restricted card includes the phone number, just call it. They asked me if AUs were added by me, i said yes, they unblocked the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 30, 2018, 10:52:41 PM
Also, when I called Citibank to add an AU to my card, they transferred me to their fraud department, asked a few questions to verify my identity and added AU.

I'm not counting on selling tradelines as a long term side gig. It's just a loophole, enjoy it while it lasts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spot on March 31, 2018, 07:14:11 AM
Guys, my Discover card account just got closed due to them getting wise about tradelining. What should I do? Is there a chance they'll let me re-open the account? I knew it was part of the risks, but it sucks since I had a high credit limit with them...I guess this is going to ruin my credit score?

Did they actually give a reason for the closure? What exactly did it say?

But yeah, you are unlikely to get it reopened if they closed it for tradelines. Call in, maybe you will get lucky.

I tried calling and the initial operator looking at my account saw something about authorized users, but couldn't give me further details and told me to call another number. I haven't called that other number yet. If I call and they ask why I added these people, I guess I can't lie and I'll tell the truth.


I just added my Discover with the "old" company and got two AUs. Went to remove them today on Discover's website, and got a message saying I had previously posted a fraud alert with a credit bureau and to call them. Guess this game is over.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 31, 2018, 08:04:11 AM
I have been selling tradelines for just over a year, I had myBOA closed down and now I have a restriction on my Capital
One account--probably they will be shutting me down as well bt maybe not.
Once Discover did that to me -- put a restriction on my account, and I called and they just wanted to verify the AU .  Like we have been told, do not enroll the cards that you can not afford to loose. I have made about 2K in that amount of time from tradelines. Nothing to sneeze at.
I was thinking of de enrolling my chase cards and  enrolling my Barclays in light of the shut downs. I noticed my Discover is resting with company number two.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spot on April 01, 2018, 04:00:50 AM
Guys, my Discover card account just got closed due to them getting wise about tradelining. What should I do? Is there a chance they'll let me re-open the account? I knew it was part of the risks, but it sucks since I had a high credit limit with them...I guess this is going to ruin my credit score?

Did they actually give a reason for the closure? What exactly did it say?

But yeah, you are unlikely to get it reopened if they closed it for tradelines. Call in, maybe you will get lucky.

I tried calling and the initial operator looking at my account saw something about authorized users, but couldn't give me further details and told me to call another number. I haven't called that other number yet. If I call and they ask why I added these people, I guess I can't lie and I'll tell the truth.


I just added my Discover with the "old" company and got two AUs. Went to remove them today on Discover's website, and got a message saying I had previously posted a fraud alert with a credit bureau and to call them. Guess this game is over.


Yep. Sure enough got a secure message from Discover this morning saying they had closed my account. Cest la vie.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 01, 2018, 11:01:01 AM
Question;
Are we suppose to put (at least) a small charge on all cards that are registered with a tradeline Co. every month or just the mo's that they have an AU?
I know to put a charge on all cards every few mo's to keep the account active.
 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 01, 2018, 11:03:28 AM
For those who had Discover cards shut down:

1) Did you have a discover checking or savings account also?
2) Did you have a balance on the card when shut down?


Curious if any of this would impact closure...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 01, 2018, 11:43:40 AM
Question;
Are we suppose to put (at least) a small charge on all cards that are registered with a tradeline Co. every month or just the mo's that they have an AU?
I know to put a charge on all cards every few mo's to keep the account active.

Just the months they have an AU.  Personally what I do is add the AU then make a small charge that day, then I make a small charge on that same account a day or two after my closing date each month as long as the AU is on the card.

The reason for the charge is so that the CC company reports the tradeline to the credit bureaus with the AU's name on it.  I suppose the CC companies don't necessarily report TL's with zero balances.

New company also recommends making a charge with the AU's card.  I don't do that and have never had a problem.

As for your last sentence, I've let many cards sit for over a year without a charge and they've remained open.  Personally I would say once a year is adequate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TomTX on April 01, 2018, 12:10:52 PM
Question;
Are we suppose to put (at least) a small charge on all cards that are registered with a tradeline Co. every month or just the mo's that they have an AU?
I know to put a charge on all cards every few mo's to keep the account active.

I always made sure to put at least 1 charge on every TL card every month, whether there is an AU or not.

My thought is that if you do get an audit, it shows regular activity on the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 01, 2018, 04:42:12 PM
Question;
Are we suppose to put (at least) a small charge on all cards that are registered with a tradeline Co. every month or just the mo's that they have an AU?
I know to put a charge on all cards every few mo's to keep the account active.

Just the months they have an AU. 

at least 1 charge on every TL card every month, whether there is an AU or not. 
I'm a gonna need a tie breaker...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on April 01, 2018, 05:01:18 PM
I'm a gonna need a tie breaker...
LOL. I'd vote for every month if you want to appear less suspicious to the bank. To that end I've also decided to use them a bit more as well instead of just a charge or two.

For another post above, I had let my BoA acct sit dormant a couple years before getting a letter that it would be closed if I didn't call or make a charge by a certain time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 01, 2018, 05:54:03 PM
I'm a gonna need a tie breaker...
LOL. I'd vote for every month if you want to appear less suspicious to the bank. To that end I've also decided to use them a bit more as well instead of just a charge or two.

For another post above, I had let my BoA acct sit dormant a couple years before getting a letter that it would be closed if I didn't call or make a charge by a certain time.

I agree with topshot and TomTX.  I conjecture that you're marginally less likely to get an account closed for piggybacking if it looks like you're using it as one of your regular cards.  Note there's no hard evidence, it's just common sense that a issuer will be more likely to shut you down the more you fit the "abusive user" profile.

Personally I have a preference for doing it my way, but that is due to my particular preferences / biases:  I don't really care if I get a card or an issuer shut down, I've got other things I'd rather do with my regular charging activity, and keeping track of charges across multiple piggybacking cards seems like more work than I'm willing to put in.  But that's just me; I can easily see the other side of the coin.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 01, 2018, 06:25:00 PM
If you have apple pay or google pay (what used to be Android pay), you can just add your cards there and use them every now and then. It's easier because you don't have to put your cards in your wallet every time you want to make a transaction. Most point of sale terminals have apple/google pay functionality.

Obviously, recurring online bills (e.g. cell phones, internet, netflix) are more convenient vs using your cards occasionally, but as a mustachian I only have a couple of recurring bills and also use one of them to meet spend requirements for signup bonuses for new cards. So it's easier for me just to pay with my phone for a small transaction occasionally using one of the tradeline cards with no recurring bills. Frugal mustachian people's problems.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on April 02, 2018, 01:19:48 PM
New company also recommends making a charge with the AU's card.  I don't do that and have never had a problem.

Since AU's have the same card number, I would think it doesn't matter? I've been calling to activate the AU cards which I'm not 100% sure if that is even required.

In terms of keeping cards active, I add them to Amazon and go down the list making $1 gift card reloads on each ($1.99 on discover since they cancel the balance! So rich...)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 02, 2018, 03:49:14 PM
The old tradeline company is looking for more cards.

After still more research, they are still only one of two companies that I'd recommend (and currently the main one I'd recommend, since the "new" company, as we've been calling it, has a huge glut of cards).

Criteria: Minimum $5k limit, minimum two years old. Barclays, Capital One, Citibank, Discover, PNC, US Bank, USAA.

They obviously pay more for higher limits. Card age has no effect on payments with this company.

Here is their commission schedule (click to expand):
Spoiler: show
Discover, Citibank, Barclays, US Bank, and PNC - 2 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $125 per spot
    Limit $20,001 - $30,000 and 2+ years old - $175 per spot
    Limit $30,001 - $40,000 and 2+ years old - $200 per spot
    Limit $40,001 - or more 2+ years old - $225 per spot

 
Capital One and USAA - 3 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $150 per spot
    Limit $20,001 - $30,000 and 2+ years old - $200 per spot
    Limit $30,001 - $40,000 and 2+ years old - $250 per spot
    Limit $40,001 - or more 5+ years old - $275 per spot

2/3 month cycle means you are paid that one amount to keep the AU on for 2 months or 3 months, respectively.


They're also offering a $150 signup bonus this month--April 2018--for referrals, which I told them to give to you (that will be paid  with your first payment when your first AU posts).

If you originally got it when tradeline stuff started in July 2016 with "old company" it's the same info, but if you only ever signed up with "new company" post-January 2017, feel free to PM me for a referral for their information.  :)



Disclaimer: I will get a referral commission when you sell AU spots, but you will get paid the same whether you use my referral or not--it will not reduce your payment to have me as the referral, and for this month, you'll make $150 more than you would otherwise due to the signup bonus.

Talked to the old company today, apparently they hired a very effective marketing company recently, and now have more orders than cards, thus the signup bonus offered right now.

Anyone looking to switch over to them, which has been the most reliable company, now is the time to do it, with the $150 signup bonus if you use my referral, seems likely you will get orders. See the above quoted post for details.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 02, 2018, 03:53:58 PM
@arebelspy, does old TL company take previously used cards?  ie moving from new TL to old TL?

I thought one of the companies was concerned about that due to improper vetting by another co.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 02, 2018, 03:58:26 PM
This was a concern in the past, they specifically told me today they will take people moving from another company.

Make sure you do email the other company to remove the cards though (you don't want sales on both overloading your number of slots, nor to have to cancel on one of them after they sell a slot, and it is against the terms and conditions of the companies to have your card enrolled with anyone else but them).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 02, 2018, 03:59:57 PM
This was a concern in the past, they specifically told me today they will take people moving from another company.

Make sure you do email the other company to remove the cards though (you don't want sales on both overloading your number of slots, nor to have to cancel on one of them after they sell a slot, and it is against the terms and conditions of the companies to have your card enrolled with anyone else but them).

Thank you, sir!  You covered all of the bases as usual.

P.S. Thanks again for sharing this little moneymaker!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 03, 2018, 12:38:23 PM
I had 3 adds in Feb.  2 on my citi card ($75 each), and 1 on my BoA ($175).

I just noticed there was a $50 payment in my checking account 10 days ago (the description matches the payment I received several months ago for my first sale exactly, so it's the same tradeline company).  This is much sooner than I expected for any of these adds, and doesn't match any of the expected payments.  What's up with that?

Anyone?  The $50 payment doesn't match up with any of my sales, and it's way too early for any of them to be paid out anyway.  I'm just going to wait and see how it all shakes out before I contact the company though. Seems weird.

The sign up bonus for moving to the old company sounds nice, but I seem to be getting consistent sales on the new company.  Just had another AU added to my BoA.  Up to $500 for 2018.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 03, 2018, 01:14:21 PM
That's strange, nacho - let us know how that shakes out!

Things are starting to heat up for me, looks like 3/6 slots on my 3 cards with the "old" company have been sold pending verification, and I have two adds on one of my cards with the "new" company (also pending). As long as those all check out, will be up to $675 for the year. Last year was around $2500, but I also had one card that was a $200 card that had 9 AUs before they transitioned it from a Citi card to an AmEx making it worthless for tradelines. So not counting that card, I was at $725 for the entire year on the rest of my cards - I'm liking what I'm seeing here!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 03, 2018, 01:39:02 PM
Data point:

Capital One restricted one of my best cards last April after adding only 3 AUs on the card. They requested that I provide all sorts of information on each AU, and the tradeline company basically told me it was a lost cause - the card was going to be closed.

Fast forward to today: Capital One never did close the account, however there has been a restriction on it ever since. After reading an earlier post about calling and asking to have restrictions lifted, I decided I had nothing to lose and gave it a shot. Five short minutes later, they told me that after reviewing my account they couldn't see why the account should have been restricted and lifted it!

This card was opened in 2004 and had a $12k limit, so I submitted a credit limit increase request for a $16k limit. Hopefully that comes through as it would bump me from $150 to $175 per add! I just thought others who have had this happen might be interested!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 03, 2018, 03:25:21 PM
Data point:

Capital One restricted one of my best cards last April after adding only 3 AUs on the card. They requested that I provide all sorts of information on each AU, and the tradeline company basically told me it was a lost cause - the card was going to be closed.

Fast forward to today: Capital One never did close the account, however there has been a restriction on it ever since. After reading an earlier post about calling and asking to have restrictions lifted, I decided I had nothing to lose and gave it a shot. Five short minutes later, they told me that after reviewing my account they couldn't see why the account should have been restricted and lifted it!

This card was opened in 2004 and had a $12k limit, so I submitted a credit limit increase request for a $16k limit. Hopefully that comes through as it would bump me from $150 to $175 per add! I just thought others who have had this happen might be interested!

Good luck on the Cap One CL increase. They absolutely refused to budge on mine and my wife's card. They actually lowered my CL because I wasn't using the card enough.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 04, 2018, 09:01:57 AM
Thanks, although I'm not too worried about it. I'll be happy if I get a couple more sales out of it before they shut me down for good... lol!  Thankfully, CapOne already pissed me off from some travel that I'd booked through their travel portal (never again!), so it's really no loss to me if they shut it down again at some point. Until then, I'll hopefully get a few more sales out of it!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spot on April 04, 2018, 01:19:16 PM
For those who had Discover cards shut down:

1) Did you have a discover checking or savings account also?
2) Did you have a balance on the card when shut down?


Curious if any of this would impact closure...

I did have a Discover savings account that I closed within the last year. I also did have a balance on the card for about $150. Don't know if it means anything, but their initial message said something to the effect of "You signed up for credit bureau fraud monitoring ..." I know I signed up for every kind of free protection I could get on all my cards after the Equifax breach. So maybe that had something to do with it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on April 04, 2018, 06:07:26 PM
Possibly related to AU activity - but I think it could also be something else - all 3 of my citibank cards were closed today. The front-line CSRs can't tell me anything and said I should wait for the letter in the mail. Maybe they think I'm a blowout risk? Does anyone have any experience with getting more info from citibank, or someone to talk to about reconsideration?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on April 04, 2018, 06:14:25 PM
 
Possibly related to AU activity - but I think it could also be something else - all 3 of my citibank cards were closed today. The front-line CSRs can't tell me anything and said I should wait for the letter in the mail. Maybe they think I'm a blowout risk? Does anyone have any experience with getting more info from citibank, or someone to talk to about reconsideration?

How many AUs did you add and what was the frequency?  This is first I've heard of a Citi card going down potentially for AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on April 04, 2018, 06:50:11 PM
How many AUs did you add and what was the frequency?  This is first I've heard of a Citi card going down potentially for AU.

Same for me, which is why I am skeptical - it could very well be some other reason.

The only adds I've had recently are 2 from last week, and 1 the previous month (all 3 on the same card). 1 of my citicards that was closed was not enrolled for AU usage (Costco card), and the other one has been "resting" at my request for a few months. So only 1 of the 3 closed cards has any recent AU activity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 05, 2018, 03:29:53 AM
I wonder if the AU was somehow suspect. Like an imposter or something?

I empathize, I have several cards enrolled, and I have had at least one shut down and maybe have another shut down pending with Cap one. I am going to take a break at this point, but the money is good at 500-600$ a month average.

I am involved with two tradelene companies (neither of the recommended companies ).  I do find it stressful especially when I have to call to add social security numbers. I find it easiest when I can add online and  be done.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on April 05, 2018, 10:27:40 AM
One of the cards sent me an electronic message stating the reason for closure was, "too many recent credit inquiries" - so I guess maybe not AU related? I am trying to reach someone to talk about it and see if they will reconsider.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: yachi on April 05, 2018, 07:50:33 PM
I'm with the old company.  I just lost my 14-year old Discover card, even with fairly heavy charging.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 06, 2018, 07:32:03 PM
I got an add for my CITI card w/ the new Co.

The EMail telling me includes:
We have also found that making at least 1 small purchase to the authorized user card that you get in the mail from the bank is a good way to keep the card active and minimize the chance of closure due to lack of activity.  This is just a suggestion. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 06, 2018, 07:34:01 PM
I've never received an AU card (using a traveling mailbox service that doesn't pass on mail unless it's addressed to me), let alone activated one or charged something to one. I wouldn't worry about it.

I do reload my Amazon account for $2.50 with my card for that account after I add the AU, so it shows up on their report (sometimes, with no balance, it won't show up).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 07, 2018, 10:41:49 AM
Quote
One of the cards sent me an electronic message stating the reason for closure was, "too many recent credit inquiries" - so I guess maybe not AU related? I am trying to reach someone to talk about it and see if they will reconsider.

Please update us when you do talk to them and tell us if you do get reinstated.  I have alot of inquiries also but I did not know that credit card companies keep an eye on that and may close you. I wonder if that is some excuse, anyone who got closed so far has had tradelines. That seems to be the common denominator. When my BOA got shut  down I had 3 or more AU on both cards ( because I never took my spouse off!) and when I called BOA they took the fraud alert off my cards and reinstated them, but then quickly closed mycards  and would not give me a reason. In one conversation I had with them a CSR said that one of my AU called in but could not answer my security questions.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spot on April 10, 2018, 09:22:54 AM
I'm with the old company.  I just lost my 14-year old Discover card, even with fairly heavy charging.

Yeah I lost mine as well. I think Discover has figured it out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Runner77 on April 10, 2018, 04:23:57 PM
The new company must be getting desperate. I signed up with 3 cards in December of 2016 and only had one sale last year. I got my first sale this year a couple of weeks ago and got notified today of another sale. I was going to pull my cards if I did not get any sales in March...glad I waited.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WFUDEAC on April 10, 2018, 06:56:17 PM
Signed up thanks to Arebelspy's referral. Both spots immediately sold on first card. Second card has an end of month closing date so suspecting both those to be sold in about 2 weeks. These are the first two cards I ever opened at age 16 and 18 respectively so while neither is my daily card they give my credit history its age. If either were to get shut down I would probably just ask to be added as an AU to either my parents or in-laws card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 11, 2018, 12:40:45 AM
Damn, Discover send me the dreaded "WE ARE NO LONGER ABLE TO MEET YOUR SERVICING NEEDS" email

I'm actually surprise since it's been 12 months since I had only two adds.  I've been using it regularly, but really only for reward category spending.  It's a pretty old account, too... over a decade.  In the end, it probably wasn't worth giving up the future rewards for those two adds.

So now what... am I blacklisted from Discover or can I just apply again some day?

The website says my account will be credited with my rewards points if account is closed... hope so, or it hurts even more

More data: I didn't have a savings/checking account (at one point I did, but only churned it for the bonus years ago), and I did have a few hundred dollar outstanding balance. 

In the end, Discover has not made money with me.  I first opened my account with them for a large balance transfer promotion: 0% INDEFINITELY as long as I made 2 purchases per month and minimum payments.  It took me like 5 years to pay off the balance transfer, and I made 2 tiny purchases per month so they never made more than a couple cents in interest.  Later on, I only used the card for 5% categories.  And then I had a couple piggybacking adds.  So I definitely made a few thousand from the relationship and they got very little.  So I guess I don't really blame them
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MustachioedPistachio on April 11, 2018, 07:29:58 AM
I signed up a bit less than a year ago...just got my first add. I had honestly forgotten about it. Seemed easy enough. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 11, 2018, 09:54:41 AM
Looking for some advice.

I signed up a second card with old TL company.  Both cards are with Barclays.  I have 5 spots on the first card.  They setup 2 spots on the second card.  Since it is the same issuer, would you recommend staying with only 2?  I think 2 may just be the default on a new card if you don't ask for more (I had forgotten this initially).

Thanks for any advice!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on April 11, 2018, 10:20:16 AM
Damn, Discover send me the dreaded "WE ARE NO LONGER ABLE TO MEET YOUR SERVICING NEEDS" email

I'm actually surprise since it's been 12 months since I had only two adds.  I've been using it regularly, but really only for reward category spending.  It's a pretty old account, too... over a decade.  In the end, it probably wasn't worth giving up the future rewards for those two adds.

So now what... am I blacklisted from Discover or can I just apply again some day?

The website says my account will be credited with my rewards points if account is closed... hope so, or it hurts even more

More data: I didn't have a savings/checking account (at one point I did, but only churned it for the bonus years ago), and I did have a few hundred dollar outstanding balance. 

In the end, Discover has not made money with me.  I first opened my account with them for a large balance transfer promotion: 0% INDEFINITELY as long as I made 2 purchases per month and minimum payments.  It took me like 5 years to pay off the balance transfer, and I made 2 tiny purchases per month so they never made more than a couple cents in interest.  Later on, I only used the card for 5% categories.  And then I had a couple piggybacking adds.  So I definitely made a few thousand from the relationship and they got very little.  So I guess I don't really blame them
That is quite alarming.   Regular use and no AUs in 12 months!!!
I had an AU on my Discover with the new co in Jan.  I removed the AU (w/o notice from the Co.)  The New Co. now shows my Discover as 'resting'.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 11, 2018, 11:43:03 AM
I'm actually surprise since it's been 12 months since I had only two adds.

<snip>

So now what... am I blacklisted from Discover or can I just apply again some day?
That is quite alarming.   Regular use and no AUs in 12 months!!!

Some people may think that the CC companies are monitoring accounts on a regular basis and looking for activity they don't like so they can close your account.  And some CC companies may do so; I have no direct knowledge.

What I think is more likely, at least currently and the near term, is that they are periodically running queries to collect lists of accounts they may want to review, and then reviewing and closing those that they deem misfit clients (like me).  So while the "misfit" behavior may have occurred in what we view as the distant past, the company eventually gets around to the review and closure step later.

dragoncar and others, I am particularly interested in data points related to blacklisting.  If you get another card with Discover (or not) and happen to remember to post an update, I really would appreciate it.  It helps others assess the ongoing risk of this activity - getting accounts closed is one thing, being blacklisted for life is obviously a more significant risk.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 11, 2018, 11:51:50 AM
I have my Discover card resting, but I hope it isn't closed for past AU activity.

I wouldn't use Discover right now, personally, as they seem to be doing aggressive closures over the last few months. Of course, if you don't care if it gets closed, fire away.

AFAIK, Chase is the only company that blacklists you.

Barclays seems to be the best; I've never heard of them closing an account for AU activity (though they can eventually hit a max AU lifetime limit per card). Doesn't mean it can't happen, and you should be prepared to lose any card you use for AU selling, but they don't seem to.

I'm glad to hear many people are seeing more sales (with both companies).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on April 11, 2018, 01:49:56 PM
What's the max AU limit per card at Barclays?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 11, 2018, 10:05:45 PM
I'm actually surprise since it's been 12 months since I had only two adds.

<snip>

So now what... am I blacklisted from Discover or can I just apply again some day?
That is quite alarming.   Regular use and no AUs in 12 months!!!

Some people may think that the CC companies are monitoring accounts on a regular basis and looking for activity they don't like so they can close your account.  And some CC companies may do so; I have no direct knowledge.

What I think is more likely, at least currently and the near term, is that they are periodically running queries to collect lists of accounts they may want to review, and then reviewing and closing those that they deem misfit clients (like me).  So while the "misfit" behavior may have occurred in what we view as the distant past, the company eventually gets around to the review and closure step later.

dragoncar and others, I am particularly interested in data points related to blacklisting.  If you get another card with Discover (or not) and happen to remember to post an update, I really would appreciate it.  It helps others assess the ongoing risk of this activity - getting accounts closed is one thing, being blacklisted for life is obviously a more significant risk.

I think you are right!

I’m also concerned more with blacklisting or even adverse credit scoring due or cross-issuer blacklistin (eg chase sees me as a greater risk because discover closed my account with a negative flag on credit report)

I’m happy to reapply to discover but I’m gonna want a nice bonus for the hard pull :-)  will let everyone know if I get any more data, and definitely let you know what happened to my rewards points within a month.  My last statement said I had zero rewards points but I haven’t seen their value credited to my account so while I’m not going to fight them in the closure I may have words with them over a few hundred in rewards points
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 12, 2018, 07:58:00 AM
I'm actually surprise since it's been 12 months since I had only two adds.

<snip>

So now what... am I blacklisted from Discover or can I just apply again some day?
That is quite alarming.   Regular use and no AUs in 12 months!!!

Some people may think that the CC companies are monitoring accounts on a regular basis and looking for activity they don't like so they can close your account.  And some CC companies may do so; I have no direct knowledge.

What I think is more likely, at least currently and the near term, is that they are periodically running queries to collect lists of accounts they may want to review, and then reviewing and closing those that they deem misfit clients (like me).  So while the "misfit" behavior may have occurred in what we view as the distant past, the company eventually gets around to the review and closure step later.

dragoncar and others, I am particularly interested in data points related to blacklisting.  If you get another card with Discover (or not) and happen to remember to post an update, I really would appreciate it.  It helps others assess the ongoing risk of this activity - getting accounts closed is one thing, being blacklisted for life is obviously a more significant risk.

I think you are right!

I’m also concerned more with blacklisting or even adverse credit scoring due or cross-issuer blacklistin (eg chase sees me as a greater risk because discover closed my account with a negative flag on credit report)

I’m happy to reapply to discover but I’m gonna want a nice bonus for the hard pull :-)  will let everyone know if I get any more data, and definitely let you know what happened to my rewards points within a month.  My last statement said I had zero rewards points but I haven’t seen their value credited to my account so while I’m not going to fight them in the closure I may have words with them over a few hundred in rewards points

Good luck with the rewards points - that's the problem with cards that have internal rewards systems, if they deem that they should shut down your account based on your activity, you're SOL on your points. I try to stick with cards that have external rewards (airlines, hotel, etc.) because once those points are earned they are deposited in your external account and they can't touch them. If you do use a card that has internal rewards, use those suckers up every month (or as often as possible)!

In regards to the hard pull, I've never been too concerned with it. I have 24 hard pulls on my Transunion report (I'm a rewards whore) and my score is in the low 700's (more because of 0% balances from home improvements than anything - was hovering around 800 before that). Regardless, was good enough to refinance a rental property last month. Hard pulls don't mean much for your score or the bank, at least in my experience.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jamaicaspanish on April 12, 2018, 09:01:47 AM
Just received the:  WE ARE NO LONGER ABLE TO MEET YOUR SERVICING NEEDS
email.

21 year old card with my recurring NPR donation.
I had two AU adds eight months ago . . .

And closed with no warning.

Discover was my first foray into gaming the system . . . the 1% rebate in 1997 meant I was living large by paying only 99% as much as other consumer suckas . . .

RIP my first love
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spot on April 12, 2018, 12:10:55 PM
Just received the:  WE ARE NO LONGER ABLE TO MEET YOUR SERVICING NEEDS
email.

21 year old card with my recurring NPR donation.
I had two AU adds eight months ago . . .

And closed with no warning.

Discover was my first foray into gaming the system . . . the 1% rebate in 1997 meant I was living large by paying only 99% as much as other consumer suckas . . .

RIP my first love


Hahaha! Yep mine was over 20 and my "first love" as well. At least I didn't have to be on hold for 30 minutes and decline the sales pitch in order to close it out. :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on April 12, 2018, 11:47:30 PM
At this point, is there anyone still actively selling tradelines on their Discover card and have not had their card shut down?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 13, 2018, 02:58:10 AM
I have 3 users on my Discover currently, But I will  be removing them and letting the card Rest . I have been regularly using my chase cards also and am a little worried about being blacklisted. May have to rest them also.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 13, 2018, 07:29:42 AM
I rested my discover a few months ago when we started hearing of issues.  I have 2 AUs still on it.  I may leave them for a while in case it helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on April 13, 2018, 08:27:00 PM
At this point, is there anyone still actively selling tradelines on their Discover card and have not had their card shut down?

I have my Discover card enrolled with the old recommended company (I like working with this company), and have been getting fairly regular* sales on my Discover card. So far no shutdown, which each add I keep wondering if it will be my last one. I think I'll get another one this month. Will report back if card shut down when I add AU or remove previous AUs. I had some hiccups last time Discover seemed to be auditing and rested my card then. Put it back for sales after that, and so far no problems.. knocking on wood.

*By fairly regular, so far this year: January two adds, February one add, March two adds, waiting on April
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 13, 2018, 08:47:49 PM
At this point, is there anyone still actively selling tradelines on their Discover card and have not had their card shut down?

I have my Discover card enrolled with the old recommended company, and have been getting fairly regular* sales on my Discover card. So far no shutdown, which each add I keep wondering if it will be my last one. I think I'll get another one this month. Will report back if card shut down when I add AU or remove previous AUs. I had some hiccups last time Discover seemed to be auditing and rested my card then. Put it back for sales after that, and so far no problems.. knocking on wood.

Honestly if I still had a Discover card enrolled I would burn it to the ground with as many adds as I could get before they catch on.  I think it's only a matter of time before they review our accounts and anyone not shut down is lucky.  This is based on my own and others experience of closures even when no AU activity has occurred for a long period of time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 16, 2018, 06:24:45 PM
Mid-month (and two week) bump.

The "old" tradeline company is looking for cardholders, and is offering a $150 signup bonus for the month of April (if you use me as a referrer), on top of offering a lot of AU sales. :)

Details below; PM me for a referral (http://forum.mrmoneymustache.com/pm/?sa=send;u=25).

New cardholders welcome, or people switching from other companies.



The old tradeline company is looking for more cards.

After still more research, they are still only one of two companies that I'd recommend (and currently the main one I'd recommend, since the "new" company, as we've been calling it, has a huge glut of cards).

Criteria: Minimum $5k limit, minimum two years old. Barclays, Capital One, Citibank, Discover, PNC, US Bank, USAA.

They obviously pay more for higher limits. Card age has no effect on payments with this company.

Here is their commission schedule (click to expand):
Spoiler: show
Discover, Citibank, Barclays, US Bank, and PNC - 2 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $125 per spot
    Limit $20,001 - $30,000 and 2+ years old - $175 per spot
    Limit $30,001 - $40,000 and 2+ years old - $200 per spot
    Limit $40,001 - or more 2+ years old - $225 per spot

 
Capital One and USAA - 3 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $150 per spot
    Limit $20,001 - $30,000 and 2+ years old - $200 per spot
    Limit $30,001 - $40,000 and 2+ years old - $250 per spot
    Limit $40,001 - or more 5+ years old - $275 per spot

2/3 month cycle means you are paid that one amount to keep the AU on for 2 months or 3 months, respectively.


They're also offering a $150 signup bonus this month--April 2018--for referrals, which I told them to give to you (that will be paid  with your first payment when your first AU posts).

If you originally got it when tradeline stuff started in July 2016 with "old company" it's the same info, but if you only ever signed up with "new company" post-January 2017, feel free to PM me for a referral for their information.  :)



Disclaimer: I will get a referral commission when you sell AU spots, but you will get paid the same whether you use my referral or not--it will not reduce your payment to have me as the referral, and for this month, you'll make $150 more than you would otherwise due to the signup bonus.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 16, 2018, 06:50:26 PM
arebelspy -

If I am already with the "old" company and want to add another card with them, do i get a referral bonus for that or no?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on April 16, 2018, 07:44:42 PM
I signed up with the old company with two cards about two weeks ago. No bites. I will be patient.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on April 17, 2018, 07:23:42 AM
I moved a couple cards over to the old company recently.  One of the cards shows 2 orders in the portal, though i haven't received the info to add them yet.  Assume that is due to them doing their AU diligence.  Good sign, though. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 17, 2018, 11:55:03 AM
I moved 3 cards from the "new" company to the "old and immediately got 5/6 slots filled! Really happy with their volume, just hope it stays steady!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 17, 2018, 12:16:22 PM
arebelspy -

If I am already with the "old" company and want to add another card with them, do i get a referral bonus for that or no?

I don't think so, no, it's for new cardholders, not new cards. Couldn't hurt to ask though. (Especially if you were with them a year+ ago, switched, and now are switching back, and never got a signup bonus before.)

I signed up with the old company with two cards about two weeks ago. No bites. I will be patient.

Could just be due to when your statement closes. If it just closed, you won't see sales until the next round. Could be something else, but that often happens.

I moved a couple cards over to the old company recently.  One of the cards shows 2 orders in the portal, though i haven't received the info to add them yet.  Assume that is due to them doing their AU diligence.  Good sign, though.

I moved 3 cards from the "new" company to the "old and immediately got 5/6 slots filled! Really happy with their volume, just hope it stays steady!

Cool, glad to hear it!  Their new marketing company bringing in AUs seems really good.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JLE1990 on April 17, 2018, 01:16:11 PM
Wow! I never get tired from the crazy things I learn on this forum. Sooo I'm actually refi-ing my car(was planning to do it in the next couple weeks), does anyone have an AU line I can use(for the going rate)? Or just a recommendation for a good company from the AU receiving side?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Making Cents on April 18, 2018, 12:40:07 PM
Apologies if this is answered elsewhere above (couldn't find it if so), but can anyone confirm that I do not need to activate the AU card that just arrived by mail? Can I just cut it up immediately for security's sake? Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 18, 2018, 12:42:43 PM
Apologies if this is answered elsewhere above (couldn't find it if so), but can anyone confirm that I do not need to activate the AU card that just arrived by mail? Can I just cut it up immediately for security's sake? Thanks!
Disposing of it without activating it is fine.

Some people activate it, and even put a charge on it, but most of us don't bother, and it doesn't seem to raise issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Making Cents on April 18, 2018, 12:46:50 PM
Apologies if this is answered elsewhere above (couldn't find it if so), but can anyone confirm that I do not need to activate the AU card that just arrived by mail? Can I just cut it up immediately for security's sake? Thanks!
Disposing of it without activating it is fine.

Some people activate it, and even put a charge on it, but most of us don't bother, and it doesn't seem to raise issues.

That was a quick answer! Thanks! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on April 18, 2018, 09:21:43 PM
For Discover I don’t even have an AU card sent (there is an option when you add online not to send the card). So far always posted and no issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WFUDEAC on April 19, 2018, 03:07:52 PM
All four spots sold in first month with "old" company. These are cards were opened in 2002 and 2004 and I have to think that makes them more valuable than younger cards. Wish I hadn't closed the other CapitalOne and BofA cards that I had previously. Hindsight is 20/20. Will have to churn some CCs just for the prospect of selling trade lines in the future. Already started with a Barclays card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 19, 2018, 08:41:09 PM
For Discover I don’t even have an AU card sent (there is an option when you add online not to send the card). So far always posted and no issues.

Same here with barclays.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on April 21, 2018, 04:47:21 PM
I got an add for my CITI card w/ the new Co.

The EMail telling me includes:
We have also found that making at least 1 small purchase to the authorized user card that you get in the mail from the bank is a good way to keep the card active and minimize the chance of closure due to lack of activity.  This is just a suggestion.
Citi card numbers for AUs are the same as the main cardholder number though, right? So it shouldn't matter if you charge on yours or theirs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on April 21, 2018, 11:20:28 PM
I logged in tonight and got a popup that said "URGENT: Upload cards - Picture of AU card required"

Anyone received this before?  I don't believe I have the card. 

It's also not clear on the site where I would even upload this picture if i had it as there's no active hyperlink on the popup box giving me this message.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 22, 2018, 07:17:00 AM
Is this Discover? Whe I first started doing Tradelines I remember  Discover  used to ask for drivers license uploads. I have not been asked lately.

Have you activated and used the AU card yet? If no you could say the card was never delivered or lost.

Godd luck, Let us know how it goes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on April 22, 2018, 08:57:38 AM
I logged in tonight and got a popup that said "URGENT: Upload cards - Picture of AU card required"

Anyone received this before?  I don't believe I have the card. 

It's also not clear on the site where I would even upload this picture if i had it as there's no active hyperlink on the popup box giving me this message.

That sounds fishy. Since they were hacked last month, I would confirm by email before uploading anything.  Waiting for you to login isn't the way they would communicate an urgent message! When they want me to add an AU, they text me as well as emailing me. They don't wait for me to randomly login. And that's not even urgent.

FYI, there is a way to upload docs onto the website  (where you uploaded your cardholder agreement and  W-9 form.  I think it's called "My Documents".)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on April 22, 2018, 09:00:49 AM
Is this Discover? Whe I first started doing Tradelines I remember  Discover  used to ask for drivers license uploads. I have not been asked lately.

Have you activated and used the AU card yet? If no you could say the card was never delivered or lost.

Godd luck, Let us know how it goes.

Capital One asked me for the signed social security cards and drivers licenses of my AUs.  One AU had both items on the website under "Documents". For the other AU I had to write to the TL company and they sent them to me attached to an email.

The difficult part was CapOne wanted them FAXed back LOL! I haven't had a FAX machine in 20 years, and didn't want to go out to a Kinko's or such, so I found a free email-to-FAX program that let me send the first two FAXes free. I didn't anticipate needing to send more, so that's what I used.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on April 22, 2018, 10:47:39 AM
Just got my first add with old TL co. on a US Bank card, so I logged in to see how to do the add... Do I really need to mail or fax in a paper form? I don't see an online form. I hope not. What a pain. Form also asks for AUs "signature..."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 22, 2018, 11:00:44 AM
Just got my first add with old TL co. on a US Bank card, so I logged in to see how to do the add... Do I really need to mail or fax in a paper form? I don't see an online form. I hope not. What a pain. Form also asks for AUs "signature..."

I have US Bank cards with new company.  I call the number on the back of my card and add over the phone with a CSR.  They'll ask for name, DOB, SSN, and address.  They'll read a disclosure.  That's it.  Of all of the CC banks, US Bank currently seems to be the least suspicious / caring about AU activity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on April 22, 2018, 02:28:05 PM
Is this Discover? Whe I first started doing Tradelines I remember  Discover  used to ask for drivers license uploads. I have not been asked lately.

Have you activated and used the AU card yet? If no you could say the card was never delivered or lost.

Godd luck, Let us know how it goes.

No.  It's with a CAPITAL ONE card and the AU isn't even listed as an AU on my Capital One account.  I believe they had me try to add them about a year ago, but the add failed and I wasn't paid for it (it's a GM Capital One card). 

Now, about a year later, I'm supposedly being asked to upload a picture.  I'll email them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DarrellEW on April 22, 2018, 04:39:10 PM
Just got my first add with old TL co. on a US Bank card, so I logged in to see how to do the add... Do I really need to mail or fax in a paper form? I don't see an online form. I hope not. What a pain. Form also asks for AUs "signature..."

I just signed up with the old company, and one of the PDFs they sent had instructions on how to add for each issuer. Specifically for US Bank, you have to call in and provide name, SSN and birthdate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on April 22, 2018, 07:26:52 PM
I got an add for my CITI card w/ the new Co.

The EMail telling me includes:
We have also found that making at least 1 small purchase to the authorized user card that you get in the mail from the bank is a good way to keep the card active and minimize the chance of closure due to lack of activity.  This is just a suggestion.
Citi card numbers for AUs are the same as the main cardholder number though, right? So it shouldn't matter if you charge on yours or theirs.
All mine have been the same as the primary card, which I find odd. But oh well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on April 22, 2018, 07:29:29 PM
I logged in tonight and got a popup that said "URGENT: Upload cards - Picture of AU card required"

Anyone received this before?  I don't believe I have the card. 

It's also not clear on the site where I would even upload this picture if i had it as there's no active hyperlink on the popup box giving me this message.
A few months ago this happened to me with the "new" company.
I did not have the card with me (nomad) and just made a screen shot of the page in my cc account, where you can see AU's.
I did make sure there's no info on there, that I did not want the to have, but that was pretty easy IIRC.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 24, 2018, 12:03:26 PM
How do you remove an AU from bank of america via the website?  I can't find any options to manage or remove AU, only to add them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on April 24, 2018, 01:46:58 PM
How do you remove an AU from bank of america via the website?  I can't find any options to manage or remove AU, only to add them.

You cant, you have to call
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on April 25, 2018, 09:15:02 AM
Is this Discover? Whe I first started doing Tradelines I remember  Discover  used to ask for drivers license uploads. I have not been asked lately.

Have you activated and used the AU card yet? If no you could say the card was never delivered or lost.

Godd luck, Let us know how it goes.

Capital One asked me for the signed social security cards and drivers licenses of my AUs.  One AU had both items on the website under "Documents". For the other AU I had to write to the TL company and they sent them to me attached to an email.

The difficult part was CapOne wanted them FAXed back LOL! I haven't had a FAX machine in 20 years, and didn't want to go out to a Kinko's or such, so I found a free email-to-FAX program that let me send the first two FAXes free. I didn't anticipate needing to send more, so that's what I used.

Well shit, Capital One just restricted both of my accounts and told me I need to supply them with images of DL's and SS cards for all of my past AU's. Not sure that's possible or reasonable to ask. I may just forget about it and abandon those 2 cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 25, 2018, 10:03:41 AM
Is this Discover? Whe I first started doing Tradelines I remember  Discover  used to ask for drivers license uploads. I have not been asked lately.

Have you activated and used the AU card yet? If no you could say the card was never delivered or lost.

Godd luck, Let us know how it goes.

Capital One asked me for the signed social security cards and drivers licenses of my AUs.  One AU had both items on the website under "Documents". For the other AU I had to write to the TL company and they sent them to me attached to an email.

The difficult part was CapOne wanted them FAXed back LOL! I haven't had a FAX machine in 20 years, and didn't want to go out to a Kinko's or such, so I found a free email-to-FAX program that let me send the first two FAXes free. I didn't anticipate needing to send more, so that's what I used.

Well shit, Capital One just restricted both of my accounts and told me I need to supply them with images of DL's and SS cards for all of my past AU's. Not sure that's possible or reasonable to ask. I may just forget about it and abandon those 2 cards.

The TL company should be able to provide, if you want to jump through the hoops. Some CC companies still close after providing all of that info, so it may not be worth it. I can't recall about Cap One, maybe someone else who had that request from them can chime in, or you can try to dig back through the thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on April 25, 2018, 12:37:11 PM
The TL company should be able to provide, if you want to jump through the hoops. Some CC companies still close after providing all of that info, so it may not be worth it. I can't recall about Cap One, maybe someone else who had that request from them can chime in, or you can try to dig back through the thread.

Yep. According to the TL company they have provided this info in the past but Capital One has always just ended up closing the accounts anyway. Sucks, because those are my 2 oldest accounts! Oh well. I guess Capital One doesn't want the revenue because I put almost everything I buy on one of them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 25, 2018, 12:58:14 PM
I had that happen and the TL company said they were going to close the account regardless, so I just dropped the matter and did nothing. Fast forward a year, and the account has never been closed - just restricted. I called them and asked them to remove the restriction, which they promptly did after speaking with a supervisor (stating it was an error on their part). I removed the AUs from the card and started using it again with no problems. The TL company advised me to not use it for selling TL's, at least for now. I may add a family member at some point in the future (with a different name/address that can not easily be linked to me) and see if they restrict it again. If not, I will probably re-enroll it. Good luck to you, YMMV for sure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cheapass on April 25, 2018, 01:25:15 PM
I had that happen and the TL company said they were going to close the account regardless, so I just dropped the matter and did nothing. Fast forward a year, and the account has never been closed - just restricted. I called them and asked them to remove the restriction, which they promptly did after speaking with a supervisor (stating it was an error on their part). I removed the AUs from the card and started using it again with no problems. The TL company advised me to not use it for selling TL's, at least for now. I may add a family member at some point in the future (with a different name/address that can not easily be linked to me) and see if they restrict it again. If not, I will probably re-enroll it. Good luck to you, YMMV for sure.

Thanks for the data point, hope my experience goes as well as yours did.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bernardnb on April 25, 2018, 01:34:13 PM
Thanks for the data point, hope my experience goes as well as yours did.

I posted about it a few pages back, but had the same thing happen to me.  I supplied all 20 AU's licenses and SS cards, but one card was not signed, so they wouldn't accept it.  Accounts have been restricted since December.  Sometime this summer I'll call and try to get it lifted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on April 25, 2018, 03:18:32 PM
Is this Discover? Whe I first started doing Tradelines I remember  Discover  used to ask for drivers license uploads. I have not been asked lately.

Have you activated and used the AU card yet? If no you could say the card was never delivered or lost.

Godd luck, Let us know how it goes.

Capital One asked me for the signed social security cards and drivers licenses of my AUs.  One AU had both items on the website under "Documents". For the other AU I had to write to the TL company and they sent them to me attached to an email.

The difficult part was CapOne wanted them FAXed back LOL! I haven't had a FAX machine in 20 years, and didn't want to go out to a Kinko's or such, so I found a free email-to-FAX program that let me send the first two FAXes free. I didn't anticipate needing to send more, so that's what I used.

Well shit, Capital One just restricted both of my accounts and told me I need to supply them with images of DL's and SS cards for all of my past AU's. Not sure that's possible or reasonable to ask. I may just forget about it and abandon those 2 cards.

Another data point. Capital One restricted my account like yours, about a year ago. It asked for licenses and social security cards for all my past added authorized users, probably around 8 total.  Took a couple days for the TL Company to email those PDFs to me. I then uploaded it to the Capital One site using their link.  I had just assumed that account was going to be close anyways, but about a month later the account magically went from restricted to normal, as far as it looks from the website.
I waited about 8 months and just started adding a users to that account again last month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Belief10 on April 25, 2018, 04:47:11 PM
Discover closed me this month. I would estimate I made $1,500 over the past year and a half on this card. I don't need the credit, other than I'm sure my credit score took a hit. Here's what I sent to the first piggyback company when I found out it was closed:


"Hello, was going to add the two new Discover lines today. Logged in to my Discover account, there was a number to call instead of adding manually. When I got the rep, he informed me that my card had been closed. He put me on hold, and came back fairly cold. Then I asked to speak with his supervisor. He was even more cold and said they decided to close my account due to "business decisions". They said they sent a letter when this happened April 4th, but I didn't get it. They gave my an address to write into for complaints, but I'm thinking that's a lost cause now. They would not tell me anything over the phone as to why it was closed other than "business decision." I was actually quite surprised how cold and disgruntled they were when I was talking with them. Anyway...

So, my $19,8000 Discover card is gone and you can remove that from the system. Not sure what will post or not from what was added previously, but there you have it."

RIP Discover
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Belief10 on April 25, 2018, 04:53:31 PM
On a more upbeat note...I recently got my new job as a college instructor and I talk about Mr. Money Mustache on the regular in my personal finance class!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on April 25, 2018, 06:15:51 PM
Signed up with old company about a week ago. Looking forward to trying this out.

I have a Citi card - are they shutting down like discover?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on April 25, 2018, 08:04:47 PM
Just got my first add with old TL co. on a US Bank card, so I logged in to see how to do the add... Do I really need to mail or fax in a paper form? I don't see an online form. I hope not. What a pain. Form also asks for AUs "signature..."

I have US Bank cards with new company.  I call the number on the back of my card and add over the phone with a CSR.  They'll ask for name, DOB, SSN, and address.  They'll read a disclosure.  That's it.  Of all of the CC banks, US Bank currently seems to be the least suspicious / caring about AU activity.

Thank you. I'm impressed with their customer service and how quickly these transactions take place over the phone. No muss, no fuss.

I assume you have to also call to remove AUs?

I signed up 2 TLs x 2 US Bank cards with old TL co. ($75 per AU add for 15k credit line) last month and sold all 4 spots this month (!) so hopefully this continues and hopefully my calling 4x in the span of 2 days doesn't send up any flags.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 25, 2018, 08:10:19 PM
Just got my first add with old TL co. on a US Bank card, so I logged in to see how to do the add... Do I really need to mail or fax in a paper form? I don't see an online form. I hope not. What a pain. Form also asks for AUs "signature..."

I have US Bank cards with new company.  I call the number on the back of my card and add over the phone with a CSR.  They'll ask for name, DOB, SSN, and address.  They'll read a disclosure.  That's it.  Of all of the CC banks, US Bank currently seems to be the least suspicious / caring about AU activity.

Thank you. I'm impressed with their customer service and how quickly these transactions take place over the phone. No muss, no fuss.

I assume you have to also call to remove AUs?

I signed up 2 TLs x 2 US Bank cards with old TL co. ($75 per AU add for 15k credit line) last month and sold all 4 spots this month (!) so hopefully this continues and hopefully my calling 4x in the span of 2 days doesn't send up any flags.

It varies by bank how to add and remove AUs, but yes, for USBank you call to remove AUs.  But it is similarly painless and can usually be done in just a few minutes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on April 26, 2018, 11:49:16 PM
I got an add with "new" company for an 82 year old today.
I googled the name and found some info on him, but nothing suspicious.
Out of curiosity why would someone that age need to boost their credit? Reverse Mortgage or something like that?

Someone please enlighten me. Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on April 27, 2018, 12:22:43 AM
I got an add with "new" company for an 82 year old today.

Potentially not even a real person.  Synthetic identity fraud is a real thing.

https://frankonfraud.com/fraud-trends/is-credit-repair-fueling-the-rise-in-synthetic-id-fraud/

short answer: Some (lots?) of these tradeline buyers aren't real people at all.  They're fake identities created with fake numbers, which then use tradelines to artificially inflate their credit scores, then they take out huge loans and credit debts which they then promptly default on.  It's a scam, and we're all supporting it.  Ask the FBI:  https://archives.fbi.gov/archives/newark/press-releases/2013/eighteen-people-charged-in-international-200-million-credit-card-fraud-scam

Alternately, some of these "credit repair" companies are doing what they call "file segregation" for a client, which is basically the same thing except there's a real person behind it who wants to keep their new fake credit profile clean instead of cashing out and burning it.  They change the IDs enough to generate a second credit report for the same individual, but in order to get the second profile up and running they need to buy your credit payment history (your tradeline) so that the new profile isn't worthless to them.  Details:  https://nacso.org/news/credit-scams-avoid/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on April 27, 2018, 05:29:24 AM
At this point, is there anyone still actively selling tradelines on their Discover card and have not had their card shut down?

I have my Discover card enrolled with the old recommended company (I like working with this company), and have been getting fairly regular* sales on my Discover card. So far no shutdown, which each add I keep wondering if it will be my last one. I think I'll get another one this month. Will report back if card shut down when I add AU or remove previous AUs.

My Discover card was shut down yesterday.
Had an add last week. Don't know if related to last add, or systematic review.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 27, 2018, 07:23:12 AM
At this point, is there anyone still actively selling tradelines on their Discover card and have not had their card shut down?

I have my Discover card enrolled with the old recommended company (I like working with this company), and have been getting fairly regular* sales on my Discover card. So far no shutdown, which each add I keep wondering if it will be my last one. I think I'll get another one this month. Will report back if card shut down when I add AU or remove previous AUs.

My Discover card was shut down yesterday.
Had an add last week. Don't know if related to last add, or systematic review.

Same here.  I had been resting my card since February so I assume this is an ongoing audit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 27, 2018, 11:42:51 AM
I got an add with "new" company for an 82 year old today.
I googled the name and found some info on him, but nothing suspicious.
Out of curiosity why would someone that age need to boost their credit? Reverse Mortgage or something like that?

Someone please enlighten me. Thanks

Are you assuming most people that age have their finances together and wouldn't need credit?  I wouldn't think so, I'd think Mustachians are the exception there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 27, 2018, 11:43:01 AM
Final bump for the month--last chance to get the $150 signup bonus (April only) if you sign up with the "old" tradeline company (as a new customer, or switching from another tradeline company).

Most MMM folks who have signed up this month have already seen sales! If you haven't been seeing sales elsewhere, it's probably worth switching, with the signup bonus being gravy.

Details below; PM me for a referral (http://forum.mrmoneymustache.com/pm/?sa=send;u=25).



The old tradeline company is looking for more cards.

After still more research, they are still only one of two companies that I'd recommend (and currently the main one I'd recommend, since the "new" company, as we've been calling it, has a huge glut of cards).

Criteria: Minimum $5k limit, minimum two years old. Barclays, Capital One, Citibank, Discover, PNC, US Bank, USAA.

They obviously pay more for higher limits. Card age has no effect on payments with this company.

Here is their commission schedule (click to expand):
Spoiler: show
Discover, Citibank, Barclays, US Bank, and PNC - 2 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $125 per spot
    Limit $20,001 - $30,000 and 2+ years old - $175 per spot
    Limit $30,001 - $40,000 and 2+ years old - $200 per spot
    Limit $40,001 - or more 2+ years old - $225 per spot

 
Capital One and USAA - 3 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $150 per spot
    Limit $20,001 - $30,000 and 2+ years old - $200 per spot
    Limit $30,001 - $40,000 and 2+ years old - $250 per spot
    Limit $40,001 - or more 5+ years old - $275 per spot

2/3 month cycle means you are paid that one amount to keep the AU on for 2 months or 3 months, respectively.


They're also offering a $150 signup bonus this month--April 2018--for referrals, which I told them to give to you (that will be paid  with your first payment when your first AU posts).

If you originally got it when tradeline stuff started in July 2016 with "old company" it's the same info, but if you only ever signed up with "new company" post-January 2017, feel free to PM me for a referral for their information.  :)



Disclaimer: I will get a referral commission when you sell AU spots, but you will get paid the same whether you use my referral or not--it will not reduce your payment to have me as the referral, and for this month, you'll make $150 more than you would otherwise due to the signup bonus.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on April 27, 2018, 01:05:46 PM
I switched two cards to the old company in April, no sales yet. Do I still get the $150 bonus?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on April 27, 2018, 02:20:51 PM
I'm not switching because once I do sales will dry up for everyone.  Same reason I don't buy stocks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 27, 2018, 03:23:03 PM
I'm not switching because once I do sales will dry up for everyone.  Same reason I don't buy stocks

I don't know why but this made me crack up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on April 30, 2018, 10:24:48 AM
I switched two cards to the old company in April, no sales yet. Do I still get the $150 bonus?

Same.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 30, 2018, 10:32:53 AM
Yes, if you signed up in April, whenever you do have your first sale, the bonus should post with your first payment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 30, 2018, 10:37:07 AM
If I already had cards with the old company and added a brand new card a few days ago, do I get a $150 bonus?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: afuera on May 03, 2018, 08:32:48 AM
At this point, is there anyone still actively selling tradelines on their Discover card and have not had their card shut down?

I have my Discover card enrolled with the old recommended company (I like working with this company), and have been getting fairly regular* sales on my Discover card. So far no shutdown, which each add I keep wondering if it will be my last one. I think I'll get another one this month. Will report back if card shut down when I add AU or remove previous AUs.

My Discover card was shut down yesterday.
Had an add last week. Don't know if related to last add, or systematic review.

Same here.  I had been resting my card since February so I assume this is an ongoing audit.


Discover just shut me down for "business decisions".  Won't know anymore until I get the letter in the mail.  Was good while it lasted at least.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 03, 2018, 10:23:04 AM
If I already had cards with the old company and added a brand new card a few days ago, do I get a $150 bonus?

I think it was for new account signups (or people who hadn't currently had any enrolled, even if previously, and switching from another company), not new card signups, but it probably wouldn't hurt to ask them, the worst they can say is no.

It was only with my referral info, so you may need that, too (you may have had it from originally signing up, IDK). Without that, the person referring you got the $150, but I told them to pass it on to you guys with your first payment.  (FYI, someone PM'd me they signed up at the end of March  with the referral, saw an immediate sale, and got paid, including the bonus, a few days ago, so they definitely have that streamlined.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on May 04, 2018, 04:40:18 AM
Any updates on the new company regarding timing of payouts?  For February adds, I didn't get paid until 4/13 after begging multiple times.  I still haven't been paid for March adds either but haven't resorted to begging yet...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 04, 2018, 09:13:14 AM
Any updates on the new company regarding timing of payouts?  For February adds, I didn't get paid until 4/13 after begging multiple times.  I still haven't been paid for March adds either but haven't resorted to begging yet...

About the same as it's been since the fall... they're around a month behind (but slowly have caught up), but have always paid everyone. I now just count on a two month lag for those payments. Hopefully it'll be all caught up soon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 04, 2018, 10:21:04 AM
Signed up with old company about a week ago. Looking forward to trying this out.

I have a Citi card - are they shutting down like discover?
Still waiting on a sale. :-) 10k/2-3 year Citi card. I’m probably in a saturated group.

I think I’m going to look into other cards I can age for future trade line sales too. What companies are safest? I’m not willing to risk Chase.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 04, 2018, 10:26:49 AM
Barclays is my favorite. All add/removes done online, never had an issue with one posting, never heard of them doing audits and mass closing accounts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 04, 2018, 10:29:28 AM
Barclays is my favorite. All add/removes done online, never had an issue with one posting, never heard of them doing audits and mass closing accounts.
Nice, okay thanks for the info. I’ll have to pick one up soon and then use it in a few years once it’s aged up. :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 04, 2018, 10:31:37 AM
What's the maximum number of AUs you feel "safe" to keep open on a Barclaycard credit card? 2 AUs at a time? 5? 10?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 04, 2018, 11:26:53 AM
What's the maximum number of AUs you feel "safe" to keep open on a Barclaycard credit card? 2 AUs at a time? 5? 10?

sigh.....coming up on a year since my last add.....with both old and new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 04, 2018, 01:09:26 PM
Just got another add on my Barclay with the "old" company - they are definitely the best card issuer for this, never had an issue. Between the "old" and "new" company, I'm up to $1,100 this year. Last year was $2,525 total, but had a Citi Hilton card that accounted for $1,800 of that - lost it when they switched to AmEx...  :( Overall happy with the volume of adds I've been getting, can't wait for a couple of others I've got to age so I can start using them, too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 04, 2018, 03:13:53 PM
Barclays is my favorite. All add/removes done online, never had an issue with one posting, never heard of them doing audits and mass closing accounts.

Does that include all Barclay cards? I have a couple I intend on "seasoning" for tradelines. USAA has become the biggest PITA to deal with. Their reps are utterly clueless.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 04, 2018, 04:04:03 PM
What's the maximum number of AUs you feel "safe" to keep open on a Barclaycard credit card? 2 AUs at a time? 5? 10?

I do 5 with barclays.  I think my first card will be finished soon (I think someone said the lifetime AU limit for barclays is 32 or thereabouts).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on May 04, 2018, 06:41:52 PM
After reaching the limit, do they tell you?

Also, did I read before that you can call and request a new card number and that will reset your limit for authorized users?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hay_otsuka on May 05, 2018, 02:05:41 PM
Ymmv on lost stolen , product change more successful for me

Sent from my Nexus 6P using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on May 07, 2018, 11:54:50 AM
I've got an add for Capital One with "old" company, my first with them. I did it through the Cap One website a few minutes ago, but how do I confirm that it worked? I don't see anything on my account.

Secondly, on the commission page, it says $125 but nothing about the April bonus. Is that SOP?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 07, 2018, 01:28:52 PM
Seems like I keep seeing "Barklay, Barklay, Barklay" here.  I thought about it.....I have a Barklay I've been using for low balance forgiveness.  Let's check it.  Just turned 2 years last month and at $25k limit.  Added it to the new company.  Let's see if anything happens......
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: privatefarmer on May 08, 2018, 04:05:30 AM
sorry to be a newb, but just found out about this shiznat. why the secrecy w/ regards to the names of the "old"/"new" TL companies? Anyhow if anyone would be so kind as to PM me the names of these companies I'd be much obliged. Would love to get my feet wet. Gracias.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on May 08, 2018, 04:54:22 AM
Any updates on the new company regarding timing of payouts?  For February adds, I didn't get paid until 4/13 after begging multiple times.  I still haven't been paid for March adds either but haven't resorted to begging yet...

About the same as it's been since the fall... they're around a month behind (but slowly have caught up), but have always paid everyone. I now just count on a two month lag for those payments. Hopefully it'll be all caught up soon.

Actually got paid yesterday without having to even ask!  Things are looking up... :eyeroll:
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on May 08, 2018, 09:11:35 AM
sorry to be a newb, but just found out about this shiznat. why the secrecy w/ regards to the names of the "old"/"new" TL companies? Anyhow if anyone would be so kind as to PM me the names of these companies I'd be much obliged. Would love to get my feet wet. Gracias.

I'll second this. We use the real first names of the people who work for these companies (Cliff), why don't we just use the companies' names? It's not like these companies don't want to be found out. And it would be easier than saying "new company", NewCo, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 08, 2018, 09:18:20 AM
arebelspy did the research and has worked on our behalf.  Simply PM him and he sends back a PM with all the details about either company.  He does get credit when you sign up using him as a reference.  He's also worked it out so the "old company" gives YOU his referral.  It's the least we can do to thank him for his work. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on May 08, 2018, 11:36:15 AM
I think it's also because a Google search with the name of the companies will pull up this thread. I guess we don't want that association for obvious reasons.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on May 08, 2018, 11:37:47 AM

Actually got paid yesterday without having to even ask!  Things are looking up... :eyeroll:
[/quote]

Shh... you might jinx it ;) I checked my bank account and mine came in too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 08, 2018, 01:01:37 PM
I think it's also because a Google search with the name of the companies will pull up this thread. I guess we don't want that association for obvious reasons.

+1

Also, personally, I don't want every joker who can use Google finding out about this.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on May 09, 2018, 08:00:52 AM
I've had one tradeline ($9500 limit, I would guess this is the cheapest option available for buyers) under the new company that has consistently sold slots every month since August 2017 and two cards with higher limits and no sales. I switched those cards to the old company and sold 2 slots this month. Might be worth trying the "old" company (if you're new to them!).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 09, 2018, 10:01:10 AM
Ymmv on lost stolen , product change more successful for me

Sent from my Nexus 6P using Tapatalk

Thanks.  I will see what the old TL company recommends as well, but I will try PC.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elysianfields on May 09, 2018, 06:14:31 PM
Barclays is my favorite. All add/removes done online, never had an issue with one posting, never heard of them doing audits and mass closing accounts.
Just added an AU on Barclays online, but there's no spot on the website to add the AU's SSN - how do you all go about that?  Do you call Barclays, or does it post w/o the SSN?

Cheers,

Elysian 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 09, 2018, 06:19:56 PM
You can call and add the SSN, but I never have. I do add their address as an optional field, to help ensure it posts. (It does not send them a card to that address ever.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on May 09, 2018, 08:45:07 PM
Well I contacted Leslie at the old company about my 3 year old Citicard with only a $7800 credit line and she has yet to get back to me about whether she'll accept that card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on May 10, 2018, 06:54:11 AM
Leslie recently told me nothing less than 5 years old.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on May 10, 2018, 06:55:34 AM
You can call and add the SSN, but I never have. I do add their address as an optional field, to help ensure it posts. (It does not send them a card to that address ever.)

I did that for a Citibank AU and it didn't post.  Maybe it works differently with Barclays for some reason?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 10, 2018, 08:21:36 AM
You can call and add the SSN, but I never have. I do add their address as an optional field, to help ensure it posts. (It does not send them a card to that address ever.)
Same experience here.  Never add SSN and they post.  I stopped having cards sent to me too a few months back.  Everything still posts fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 10, 2018, 08:29:29 AM
You can call and add the SSN, but I never have. I do add their address as an optional field, to help ensure it posts. (It does not send them a card to that address ever.)

I did that for a Citibank AU and it didn't post.  Maybe it works differently with Barclays for some reason?

Citi may indeed report different info, and if they don't report that, the credit bureaus may not have enough information to connect to the right person, so it may not post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on May 10, 2018, 11:24:20 AM
Leslie recently told me nothing less than 5 years old.

Ok I thought it was posted on here they would accept cards 2 years and older.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 10, 2018, 12:01:36 PM
I think they recently made that change due to an influx of cards. They are also opening up to younger cards with lower limits, albeit with a much lower payout scale.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dakota5176 on May 10, 2018, 03:56:24 PM
Can anyone tell me how they found out that their BOA was shut down?  The card I was selling tradelines on has been declined when I use it but when I check my account it appears to be in good standing with a high credit limit  I also have not received any emails or letters from them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 10, 2018, 06:39:57 PM
RE BOA shutdown, Mine was shut down, charges declined, I believe I then  got a message on the  website when I logged in.
I called over the weekend and they said they would re instate me, but then I received a letter in the mail that they closed my accounts. Maybe wait for the letter?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 10, 2018, 06:42:34 PM
RE BOA shutdown, Mine was shut down, charges declined, I believe I then  got a message on the  website when I logged in.
I called over the weekend and they said they would re instate me, but then I received a letter in the mail that they closed my accounts. Maybe wait for the letter?

Did they close all your accounts or just the one you used for tradelines? If all accounts, did you lose your points on other accounts too?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 10, 2018, 07:34:19 PM
They closed both my credit cards, I had 3-4 users on each card. I had used up the points allready, I did not have a bank account with them and the cards were not that old..
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on May 10, 2018, 08:06:09 PM
So do I have this right?  The old company is now using Elan Financial Services credit cards?  For some reason I thought those credit cards weren't able to be used by the tradeline companies, at least the new company didn't seem to be able to use them. Why is the old company now able to?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 10, 2018, 08:12:24 PM
B of A only closes cards you've used AUs on. Not bank accounts, or other cards with them.

The old company has been able to use Elan for about a year or year and a half.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 10, 2018, 11:26:43 PM
So discover credited my rewards to my card on the statement after the statement in which they closed my account

Now waiting to see how long it takes to get a check
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 11, 2018, 09:55:02 AM
Leslie recently told me nothing less than 5 years old.

Ok I thought it was posted on here they would accept cards 2 years and older.

Might have changed but they accepted a card roughly 2 years old from me. Of course no spots have been sold and I expect none will. On the other hand, mine and my wife's other 2 cards that are 10+ years old are filling up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on May 11, 2018, 11:20:20 AM
So do I have this right?  The old company is now using Elan Financial Services credit cards?  For some reason I thought those credit cards weren't able to be used by the tradeline companies, at least the new company didn't seem to be able to use them. Why is the old company now able to?
Where did you read that they can/do?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 11, 2018, 12:20:37 PM
I contacted old TL company when ARS indicated that they take elan cards.  She said that they are not taking cards less than 5 years old BUT they would take this one because of few elan cards.  So, YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 11, 2018, 12:32:14 PM
Added an AU yesterday to my Barclay's card.  Everything went smoothly.  This is my seventh AU on this card since 1/1/17.

Got a message today from a Barclay's security analyst wanting me to verify some recent activity on my account and gave me a toll free number to call back.

Do you think the AU will post if I don't call back?  I'm inclined not to call.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elysianfields on May 11, 2018, 01:22:17 PM
You can call and add the SSN, but I never have. I do add their address as an optional field, to help ensure it posts. (It does not send them a card to that address ever.)

Thanks @arebelspy  & @katsiki , we'll see how it goes.  Cheers!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 11, 2018, 05:44:05 PM
Secondcor, I would call them they just want to verify purchases that has happened to me before.
However if the charges are fraudulent, then they will have to shut the card down. But they will re issue a new card and likley reissue to your AU a new card as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 11, 2018, 09:16:20 PM
Secondcor, I would call them they just want to verify purchases that has happened to me before.
However if the charges are fraudulent, then they will have to shut the card down. But they will re issue a new card and likley reissue to your AU a new card as well.

Thanks.  I checked with New Company and that's what they said too.  I did make a charge about the same time I added this AU.  I thought maybe they'd start asking tough questions about my AU history that I hadn't really thought through how to handle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bernardnb on May 14, 2018, 01:31:09 PM
So discover credited my rewards to my card on the statement after the statement in which they closed my account

Now waiting to see how long it takes to get a check

Shouldn't take "too long", guessing about a month.  My card got shutdown on March 8th and had the check with my remaining bonus around April 12th or 13th.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 15, 2018, 10:58:28 AM
I’m with old company and just got my first sale! I don’t see the AU’s SSN/DOB though, where do I find that on the website? I just see their full name.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on May 15, 2018, 12:21:41 PM
I’m with old company and just got my first sale! I don’t see the AU’s SSN/DOB though, where do I find that on the website? I just see their full name.

There should be a shaded square showing your card details above where it lists your Order History.  I have 2 cards listed with them so i have 2 shaded squares. 
_____________________
| Lender: Citibank           |
| Limit: $15,000              |
| Statement Date: 15th    |
|Date Opened: 8/1/2008  |
|Spots Sold: 1 of 2          |
-----------------------------

There should be a red triangle in the upper right corner of that box.  When you click it the AU info pops up.  Took me a bit to figure that out too. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 15, 2018, 12:31:31 PM
@ditkanate — thanks!



I feel weird about adding my AU. His name seems fake and he’s 70 years old. I ran a background check just out of curiosity and only his current address shows up.

It looks like this is probably a fake person. :-/ I have never had such a scarce pull from my background checks even for undocumented non residents...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 15, 2018, 12:36:31 PM
@lexde, what web sites do you use for background checks?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 15, 2018, 12:36:40 PM
That's weird.

Definitely don't add them if you aren't comfortable.

I'd contact the tradeline company and ask what verification they did. It may just be an old person who never had much use for credit before, but now wants to boost their credit to do a reverse mortgage or something. They likely have talked with the AU.

Title: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 15, 2018, 12:38:09 PM
@lexde, what web sites do you use for background checks?
Westlaw.

Edited to add: typical results are +/- 30-70 pages depending on age, moves, bankruptcies, criminal or civil records, etc. This one was 2-3 lines with name and current address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 15, 2018, 12:38:39 PM
That's weird.

Definitely don't add them if you aren't comfortable.

I'd contact the tradeline company and ask what verification they did. It may just be an old person who never had much use for credit before, but now wants to boost their credit to do a reverse mortgage or something. They likely have talked with the AU.
Thanks. I’ll reach out and ask!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 15, 2018, 12:47:35 PM
I have had a couple of older folks.  Oldest was 89, I think.  It all worked out (so far anyway!)

You may not want to mention the westlaw lookup.  That may violate your agreement or theirs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 15, 2018, 12:51:12 PM
I have had a couple of older folks.  Oldest was 89, I think.  It all worked out (so far anyway!)

You may not want to mention the westlaw lookup.  That may violate your agreement or theirs.
Well yeah. I wasn’t going to say exactly what I did just that I had some concerns. But it should be fine, I added them so we will see how it goes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 15, 2018, 01:11:50 PM
@ditkanate — thanks!



I feel weird about adding my AU. His name seems fake and he’s 70 years old. I ran a background check just out of curiosity and only his current address shows up.

It looks like this is probably a fake person. :-/ I have never had such a scarce pull from my background checks even for undocumented non residents...

Can you be more specific?  (Obviously without giving the AU name publicly.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on May 15, 2018, 02:55:56 PM

Westlaw.

Edited to add: typical results are +/- 30-70 pages depending on age, moves, bankruptcies, criminal or civil records, etc. This one was 2-3 lines with name and current address.

Maybe he's a new immigrant to the country.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 15, 2018, 04:34:29 PM

Westlaw.

Edited to add: typical results are +/- 30-70 pages depending on age, moves, bankruptcies, criminal or civil records, etc. This one was 2-3 lines with name and current address.

Maybe he's a new immigrant to the country.
That's my guess at this point. :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on May 15, 2018, 05:32:40 PM
Potentially not even a real person.  Synthetic identity fraud is a real thing.

https://frankonfraud.com/fraud-trends/is-credit-repair-fueling-the-rise-in-synthetic-id-fraud/

short answer: Some (lots?) of these tradeline buyers aren't real people at all.  They're fake identities created with fake numbers, which then use tradelines to artificially inflate their credit scores, then they take out huge loans and credit debts which they then promptly default on.  It's a scam, and we're all supporting it.  Ask the FBI:  https://archives.fbi.gov/archives/newark/press-releases/2013/eighteen-people-charged-in-international-200-million-credit-card-fraud-scam

Alternately, some of these "credit repair" companies are doing what they call "file segregation" for a client, which is basically the same thing except there's a real person behind it who wants to keep their new fake credit profile clean instead of cashing out and burning it.  They change the IDs enough to generate a second credit report for the same individual, but in order to get the second profile up and running they need to buy your credit payment history (your tradeline) so that the new profile isn't worthless to them.  Details:  https://nacso.org/news/credit-scams-avoid/
Looks like the only thing that is real for someone involved in Synthetic ID Fraud is their name and age. According to the article Sol linked, to the process involves finding a SSN that has no credit report yet (most likely issued to a child) then applying for credit using that number to create a new credit file. For this to work nothing on the application should link back to the real credit file (by using phone number, email address, mailing address that has never been previously associated with the person's name and the false SSN). Creates a nice clean credit file which piggybacking fills with a credit history.

@arebelspy can you explain what measures the recommended companies use to prevent sales to someone trying to use this process to "rebuild" their credit?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 15, 2018, 05:55:26 PM
@arebelspy can you explain what measures the recommended companies use to prevent sales to someone trying to use this process to "rebuild" their credit?

Unfortunately I can't share details, because much of what I've been told is proprietary, but suffice it to say, these two companies are the only ones I've found with measures that I personally found comforting (both in what techniques are done, and in how they document and preserve this in case a future investigation/audit occurs) versus all the others I looked in to. Many don't do much, if anything, sadly; they don't care about facilitating fraud, or leaving their cardholders exposed to risk.

If you are interested in this though, you should definitely reach out to them individually and ask about it, they are willing to share (I just can't share for them). Hope that makes sense. :)

Still, their success rate won't be 100% on catching this stuff (which again is where their procedures and documentation is important, because if something DOES slip through, having proof that you do try to stop fraud and aren't purposefully facilitating fraud is important), which is why I always encourage people not to add an AU if you feel uncomfortable with it, and to reach out to the company to let them know why, in case they need to do more in that particular case.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 15, 2018, 07:30:26 PM
Having just had a child, is there anything I should do to protect his SSN?  Like add him as an AU on my card, create an SSN online account.  Besides checking his credit report regularly

Also can I get him a good enough credit history to bust out and walk away with millions?  Leaving him to hold the bag
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 15, 2018, 07:34:01 PM
Yeah, add him as an AU to start building his credit (though you can do it later--the whole point of piggybacking is it gives them the whole history of the card later) and then lock his credit profile so people can't apply for something in his name.

Congrats, DC!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: px4shooter on May 15, 2018, 07:42:51 PM
That's weird.

Definitely don't add them if you aren't comfortable.

I'd contact the tradeline company and ask what verification they did. It may just be an old person who never had much use for credit before, but now wants to boost their credit to do a reverse mortgage or something. They likely have talked with the AU.

As someone else said, these are ripe with synthetic identities being created. While not illegal in every state, the laws are quickly catching up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on May 16, 2018, 08:54:12 AM
The new company is continuously trying to add 3 AUs to BoA cards. Just getting more cavalier and more dangerous all the time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 16, 2018, 09:34:10 AM
@ditkanate — thanks!



I feel weird about adding my AU. His name seems fake and he’s 70 years old. I ran a background check just out of curiosity and only his current address shows up.

It looks like this is probably a fake person. :-/ I have never had such a scarce pull from my background checks even for undocumented non residents...

Is this his address?

(https://frinkiac.com/img/S12E18/1067483.jpg)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 16, 2018, 09:40:38 AM
Had my second spot sold today, too. Nice!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on May 16, 2018, 01:26:08 PM
The new company is continuously trying to add 3 AUs to BoA cards. Just getting more cavalier and more dangerous all the time.
The first time I added 3 users to BofA I was immediately shut down. This was in 2016.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 16, 2018, 03:57:42 PM
Had my second spot sold today, too. Nice!

Awesome!  That was fast - they must have really needed more cards.  Hopefully, others will see more activity too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on May 16, 2018, 05:55:43 PM
Is it every wise to make a few small charges on AU's card after you get it in the mail? Does that make it any less suspicious for the CC companies? Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 17, 2018, 06:51:56 AM
Is it every wise to make a few small charges on AU's card after you get it in the mail? Does that make it any less suspicious for the CC companies? Thanks.

I have never done this and have only had one Capital One card restricted (recently had the restriction removed) and no cards shut down. There's really no need.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on May 17, 2018, 09:01:24 AM
Yeah, add him as an AU to start building his credit (though you can do it later--the whole point of piggybacking is it gives them the whole history of the card later) and then lock his credit profile so people can't apply for something in his name.

Congrats, DC!
It is a good idea to establish a credit profile matching your child's name and SSN as soon as you have the SSN issued. Until there is a credit profile, all the credit agencies can tell is that the SSN has been issued - making it easier for someone else to establish a profile with that SSN in their own name.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 17, 2018, 04:13:49 PM
In other news, I have a negative data point to report.

After adding an AU last week from New Company, Barclay's has put a security hold on my account with them.  Based on advice from New Company, I called in and spoke with a security analyst who began asking pointed questions about my AUs.  Since I wasn't prepared, I hung up on them.  They tried to call me back and I elected not to answer.  I'm seeking input from New Company as to how to proceed.  Until I hear from them my plan will be to not talk to Barclay's, rest that card with New Company, and then call Barclay's after my current AU's term is up and see if I can get them to remove the security hold.

This was my seventh AU I added to this card since 1/1/17, all through New Company, never more than 2 AU's at any one time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on May 17, 2018, 09:26:03 PM
Hope Barclays isn't catching on the way Discover seems to have. Those slots have sold reliably well for me.

In other news, my Barclays card listed with old TL company is an LL BEAN Visa, and I just noticed a statement on their card home page that they're changing the card over to Citibank. Old TL co. says they'll just change it over because they do accept Citibank, but just fyi in case anyone else has an LL Bean Visa in one of these systems.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elysianfields on May 17, 2018, 11:31:34 PM
Hope Barclays isn't catching on the way Discover seems to have. Those slots have sold reliably well for me.

In other news, my Barclays card listed with old TL company is an LL BEAN Visa, and I just noticed a statement on their card home page that they're changing the card over to Citibank. Old TL co. says they'll just change it over because they do accept Citibank, but just fyi in case anyone else has an LL Bean Visa in one of these systems.

Good catch, mine is an LL Cool Bean card as well.  Thanks for sharing this!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 18, 2018, 07:57:14 AM
The only problem with that is the card will show up as a new account in your credit report - it won't carry the age from the old card. You'll have to wait for a year at least for it to age enough to be in the system. I had a Hilton Citi card that sold reliably well that was transitioned to AmEx (rendering it useless for TL). It showed up on my credit report as a new account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 18, 2018, 03:01:37 PM
Hi everybody, long time MMM reader, first time posting. I'm a lawyer who represents consumers against large businesses (often banks). I recently had a client who was shut down for Piggybacking on a Discover Card. To bring me up to speed when we started, he linked me to this thread. I'm writing this because I learned some info during the representation that I want to share with everybody as a cautionary tale. (If you read to the end of this, you'll see that I don't think too much caution is warranted.) I've shared this with others, and they've found it helpful.

First, the boring disclaimer. Nothing in here is legal advice. I'm not your lawyer. Your legal rights are important, and you should talk to a lawyer with legal questions. I'm not trying to solicit business--just providing information. (But if you want to ask me a question about a potential claim or anything, by all means send me a message. Maybe I can help.)

A little background. One of the areas I litigate in is the Equal Credit Opportunity Act. The Act was originally passed to prohibit discrimination in lending. But there's a second component of the ECOA that I've litigated with lots of success. If a bank closes down your credit product (and think outside of the box--this includes those lines of credit that come with checking accounts), the bank MUST give you a "specific reason" for why you were closed. I find a lot of banks don't do this (or the reason they give is too vague (or outright wrong).

A client had a piggybacking operation rolling, and that member had his/her cards closed (and those of relatives who were also Piggybacking). The client has a closure letter from Discover that says the account is being closed because Discover "Can No Longer Provide Your Servicing Needs." My position is that this wasn't a specific reason for closure as required by ECOA, and off to the races we go.

But here's why I wanted to write this post. The entire time we've been discussing these claims, there were hints and implication that something nefarious was going on (beyond the simple selling of AU slots). And then there was reference to the banks losing a lot of money due to piggybacking. I'm thinking, "maybe the bank has to make a few extra plastic cards and mail them out, but I'm not seeing what terrible harm is befalling the banks." But then I got the details.

As is often the case, a few bad apples are ruining it for everyone. Here's the scam. Someone with no credit history uses piggybacking to build up a credit profile. That person signs up for a bunch of credit cards with great credit limits. That person maxes the card, pays off the card, maxes it again, and then disappears. Oh, and that check they sent to payoff the card, it bounces.

I have a few thoughts in response to this intel:

1. The fraudster's conduct is not the fault of the cardholder who sold an AU slot. This is the fault of the banks and the fraudsters.
A. The banks have a hole in their defenses. First, the CRAs allow piggybacking to work. Second, the CRAs are overly reliant on the credit reporting system in granting credit lines. This is for the banks to fix--not the cardholder's fault.
B. The primary cardholder who sold an AU slot may have given the fraudster the tools to do this dance, but it's the fraudster who's ripping off other banks at the end of the day.

2. Having said all of that, and this is most definitely not legal advice, I don't understand how there could be civil or criminal liability for the cardholder who sells an AU slot to a fraudster. The AU-seller didn't pass a bad check. They didn't run up the credit cards. They simply took advantage of a system.

[However, it's worth noting that there could be something in a cardmember agreement that would open up the cardholder to a breach of contract claim from the cardholder's bank (but then there's an issue of how that bank was harmed--I don't see how they are in any meaningful way).]

3. If I were on the other side, I could make the argument for the cardholder who sells an AU slot having liability (although I personally don't find it convincing). The somewhat silly hypothetical I think of is the person who furnishes a gun to a murderer. In the piggybacking scenario, the cardholder sells an AU slot to a fraudster. And in doing so, they sell the fraudster the hypothetical gun (a good credit profile) that is used to harm another bank. Does it seem like a stretch to you as well?!

So there's my intel and "warning." I'm not sure what the reputable companies are doing to vet the AU buyers. But maybe this will help some of you.

I'm not trying to be a complainypants and scare people away from doing this. MMM is all about data, and this is some data that might help inform people's decisions. Also, this is high level. I can't confirm that this happened in the case of my clients, only that this type of fraud activity is happening in general and is tied into piggybacking.

If anybody has any questions about this stuff, you can shoot me a message, and I'll do my best to get back to you in a timely fashion.

Cheers

P.S. I'm loving the verifications for the forum. (Except for the Capthcas).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Making Cents on May 18, 2018, 03:40:11 PM
Thanks for your very helpful and informative post, PointsLawyer. I am concerned enough about fraud after reading recent posts on this page that I am going to stop my modest tradeline sales (one card, 2 AUs so far) as soon as I get paid for the two I've already laid the groundwork for. I definitely don't want to contribute to anything illegal or abusive, even if my own involvement is not illegal. I'll be content to collect my $300 and pass Go.

On a different subject, has anyone here had to change bank info for the direct deposits to get paid by [old company]? I don't see any way to do that online at the website so I guess I'll need to do it through email, but wondered if anyone else had this experience?

[Mod edit: redacted specific company name]
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on May 18, 2018, 04:19:57 PM
Thank you pointslawyer!
Zeroing on Point #3:   

It reminds me of how bartenders are held liable if they over-serve patrons who are visibly intoxicated and then get in an accident.

In the bar analogy, the TL company is the establishment (bar or restaurant) and we credit card holders are the bartenders. But I'm not sure what the "visibly intoxicated" is analogous to.  Is there some effort we are supposed to make to determine the AU is legitimate? 

Maybe selling CLs is more like private sales of guns where the seller isn't required to do a background check.


3. Having said all of that, if I were on the other side, I could make the argument for the cardholder who sells an AU slot having liability (although I personally don't find it convincing). The somewhat silly hypothetical I think of is the person who furnishes a gun to a murderer. In the piggybacking scenario, the cardholder sells an AU slot to a fraudster. And in doing so, they sell the fraudster the hypothetical gun (a good credit profile) that is used to harm another bank. Does it seem like a stretch to you as well?!

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 18, 2018, 04:36:50 PM
Thanks for your very helpful and informative post, PointsLawyer. I am concerned enough about fraud after reading recent posts on this page that I am going to stop my modest tradeline sales (one card, 2 AUs so far) as soon as I get paid for the two I've already laid the groundwork for. I definitely don't want to contribute to anything illegal or abusive, even if my own involvement is not illegal. I'll be content to collect my $300 and pass Go.

Happy to help. I was a bit concerned posting because I didn't want to spook people unnecessarily. But, when I learned about this, I thought it best to share. I do a lot of work for people who are credit card opportunists (whether it's debt management, signup bonuses, manufactured spend, or piggybacking), and it hadn't even crossed my mind that this was a concern. When I first heard of piggybacking, my concern was how does the cardholder add AUs and protect himself or herself. I hadn't considered this other angle. So I thought there was value in sharing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 18, 2018, 04:38:18 PM
Thank you pointslawyer!
Zeroing on Point #3:   

It reminds me of how bartenders are held liable if they over-serve patrons who are visibly intoxicated and then get in an accident.

In the bar analogy, the TL company is the establishment (bar or restaurant) and we credit card holders are the bartenders. But I'm not sure what the "visibly intoxicated" is analogous to.  Is there some effort we are supposed to make to determine the AU is legitimate? 

Maybe selling CLs is more like private sales of guns where the seller isn't required to do a background check.


3. Having said all of that, if I were on the other side, I could make the argument for the cardholder who sells an AU slot having liability (although I personally don't find it convincing). The somewhat silly hypothetical I think of is the person who furnishes a gun to a murderer. In the piggybacking scenario, the cardholder sells an AU slot to a fraudster. And in doing so, they sell the fraudster the hypothetical gun (a good credit profile) that is used to harm another bank. Does it seem like a stretch to you as well?!


You're asking all the right questions. I can't say definitively, but it does seem like a stretch that there would be liability if someone sold an AU slot without knowledge of a fraudster's intent (and doesn't ignore some massive red flag).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 18, 2018, 04:42:05 PM
@Making Cents — do you mind taking the company names out of your posts? I think the intent of ARS and the way the thread is set up is to avoid having the names searchable on the ‘net. :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 18, 2018, 05:30:53 PM
Hey PointsLawyer,
Thanks for the input!

I think we've reached pretty much the same conclusions.

This is exactly why I think choosing your tradeline company carefully is so important.

I know you haven't read this (massive) thread all through, so apologies to others for repeating myself.

In short: There are a lot of tradeline companies out there. Many of them do very little (if anything) to properly vet that the AUs are, in fact, real people (not synthetic identities), and that these real people don't have previous instances of fraud (either criminally or via fraud flags on their credit report), and that they are who they say they are.

When you use those tradeline companies that don't verify these things, the risk of card shutdown goes way up, and your risk of liability (in my opinion) goes up as well.

If the banks, or a federal agency, decides to go after a tradeline company for facilitating fraud, and argues that they have purposefully been enabling fraud, the question becomes what can that company do to show that they haven't been facilitating fraud, but in fact have been trying to prevent fraud? What if that bank, or agency, decides to go after the cardholder (i.e. you/us), saying they should have known they were helping fraud?

The two companies I use/recommend are the only ones I've found with measures that I personally found comforting (both in what techniques are done, and in how they document and preserve this in case a future investigation/audit occurs) versus all the others I looked in to. Many don't do much, if anything, sadly; they don't care about facilitating fraud, or leaving their cardholders exposed to risk.

If and when they are challenged on their practices, being able to show what exactly they do to try and prevent fraud, and what was done in that particular case, is helpful for 1) trying to not have it happen in the first place (best scenario), and 2) protecting both them, and you, if fraud still does occur (as it might on occasion, despite best efforts to prevent it).

I can honestly say that I am in no way knowingly trying to participate in fraudulent activities, or purposefully enabling other people to do so, but rather I've chosen companies specifically because I think they are using practices to try and prevent fraud.

I think many other people here feel the same concern, and that's their primary criteria as well for choosing an AU company.

Your concern is a very real one, and very valid, and it's the first thing I thought about, and what caused me to look carefully at tradeline company practices before I recommended any. It is the reason why large amounts of due diligence on these companies is needed, IMO, and why the vast majority of them I wouldn't touch with a ten-foot pole.

Very interesting about them needing to provide a specific reason for card closure (and "we cannot meet your needs" not being specific enough, in your opinion).

Thanks again for the thoughts!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 18, 2018, 05:32:57 PM
Can I ask you, PointsLawyer, why is it worth someone to retain you when their card was shut down, and what do you estimate the cost to them will be (in terms of your billing and hours)?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on May 18, 2018, 05:58:15 PM
Can I ask you, PointsLawyer, why is it worth someone to retain you when their card was shut down, and what do you estimate the cost to them will be (in terms of your billing and hours)?
Cost of lawyer will eventually fall on the bank if the bank is found to be in the wrong.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on May 18, 2018, 05:59:25 PM
A. The banks have a hole in their defenses. First, the CRAs allow piggybacking to work. Second, the CRAs are overly reliant on the credit reporting system in granting credit lines. This is for the banks to fix--not the cardholder's fault.
The financial industry could shut this down immediately if they set it up so that piggybacking doesn't work. Already doesn't work with American Express because they report the date the AU was added where others report the date the credit line was opened.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 18, 2018, 06:01:00 PM
Can I ask you, PointsLawyer, why is it worth someone to retain you when their card was shut down, and what do you estimate the cost to them will be (in terms of your billing and hours)?
Cost of lawyer will eventually fall on the bank if the bank is found to be in the wrong.
Yep. I don't know of a single attorney who would do this with any other arrangement. It'd have to be contingency (if plaintiff wins, attorney gets a percentage of entire award, nothing if they lose usually).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 18, 2018, 06:04:21 PM
@PointsLawyer, please add my thanks as well.  I've been thinking along the same lines as I have a Barclays card where their fraud department has asked me pointed questions about my AUs and put a security hold on my account.

As a general question, do you think there is any risk in stating plainly to a credit card company that one has added acquaintances who were vetted by a third party as AU's?  If one also says that the cards never made it to the AU, I can't see how they can be concerned about fraud.

Basically, what is your opinion of a consumer taking the approach of "Hey, I did nothing wrong.  I used a service you provide, no fraud occurred, any private arrangement I have with my acquaintance is none of your business."  What is the likelihood of that working to keep the account open?

Personally I don't mind if I lose an account, but I don't want to see "Closed by credit grantor" on my credit report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 18, 2018, 06:23:39 PM
Can I ask you, PointsLawyer, why is it worth someone to retain you when their card was shut down, and what do you estimate the cost to them will be (in terms of your billing and hours)?
Cost of lawyer will eventually fall on the bank if the bank is found to be in the wrong.
Yep. I don't know of a single attorney who would do this with any other arrangement. It'd have to be contingency (if plaintiff wins, attorney gets a percentage of entire award, nothing if they lose usually).

I think ARS and the rest of us would basically like to know what a typical award is, and what percent is lost to legal fees
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 18, 2018, 07:16:10 PM
Can I ask you, PointsLawyer, why is it worth someone to retain you when their card was shut down, and what do you estimate the cost to them will be (in terms of your billing and hours)?

I take almost all of my cases on a contingency (like 99% of cases). The contingency is typically a sliding scale (smaller settlement figures means a larger percentage to recoup my time). I think it's the only way to make the model work. Doing it this way, people come to me with closed cards (or whatever), and I aim to monetize their claims. The cards are already closed, and so I try to make some "found money."

I'd say my average contingency is 40%. But that's because the typical recovery is not particularly large (think 4-figures). I do occasionally have larger claims, and that brings the contingency down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 18, 2018, 07:18:22 PM
A. The banks have a hole in their defenses. First, the CRAs allow piggybacking to work. Second, the CRAs are overly reliant on the credit reporting system in granting credit lines. This is for the banks to fix--not the cardholder's fault.
The financial industry could shut this down immediately if they set it up so that piggybacking doesn't work. Already doesn't work with American Express because they report the date the AU was added where others report the date the credit line was opened.

Agreed. I think the explanation is that these are large, slow-moving institutions. I'm reminded of manufactured spend. Banks came out with rewards programs to encourage spending and compete for customers. Then a small subset of savvy folks started gaming the system hard. And banks are finally starting to crack down and introduce defenses.

I expect the same thing will happen with the banks and their reporting of AU lines. But it's a matter of when it happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 18, 2018, 07:22:33 PM
Can I ask you, PointsLawyer, why is it worth someone to retain you when their card was shut down, and what do you estimate the cost to them will be (in terms of your billing and hours)?
Cost of lawyer will eventually fall on the bank if the bank is found to be in the wrong.
Yep. I don't know of a single attorney who would do this with any other arrangement. It'd have to be contingency (if plaintiff wins, attorney gets a percentage of entire award, nothing if they lose usually).
I think ARS and the rest of us would basically like to know what a typical award is, and what percent is lost to legal fees

Lexde is spot on. I do all of these on contingency. It's hard to say what a typical award is because I handle a lot of different claims. Something like a non-compliant closure letter claim might resolve for anywhere from $5,000-$10,000+ (there are a lot of factors that affect this). And then the contingency is around 40% on those. I wish I could give more hard and fast answers for you but there are two limiting functions:

1. Practically every case is unique.
2. Settlement agreements typically have confidentiality provisions that would prohibit parties from getting into the details.

That's why I typically encourage my clients to send me anything that they think might be a claim. Worse case is I tell them "no."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 18, 2018, 07:24:52 PM
Basically, what is your opinion of a consumer taking the approach of "Hey, I did nothing wrong.  I used a service you provide, no fraud occurred, any private arrangement I have with my acquaintance is none of your business."  What is the likelihood of that working to keep the account open?

I think it's highly unlikely that that would help your cause. The banks are not particularly good at nuance. A lot of blunt tools doing the work. The banks almost always include a term that they can close an account at any time. If you give them the reason to close the account, they'll go for it (explanation be damned). The banks see cases like these as potential future headaches. They don't want to mess with the potential compliance issues down the line.

Thanks for the good questions everyone. I'm enjoying the conversation. Heading to bed for now, but hopefully there will be more to talk about in the morning.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 18, 2018, 07:25:33 PM
Sounds like you could get quite a bit of work now that you know about piggybacking.

Can you elaborate on what critera does (and doesn't) make for a good case?

Say someone reading this thread had a card shut down, what would make it worthwhile (what red flags should they look for) to send it to you?

I'm sure plenty of people here would happily take 60% of 5-10k for a card shut down anyways.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 18, 2018, 08:09:40 PM
Can you elaborate on what critera does (and doesn't) make for a good case?

Say someone reading this thread had a card shut down, what would make it worthwhile (what red flags should they look for) to send it to you?

The "nice" characteristic of these types of closures is that the violation is often times the same. I'm guessing that anyone with a Discover card closed due to piggybacking received the same letter that I think is noncompliant and actionable. In the case of the discover closures I've seen so far, they've all had this same language about "we can no longer meet your servicing needs."

As I said above, banks can typically close your card at any time and for pretty much any reason. But, they have to provide the specific reason for the closure. The point of this legal requirement is to allow someone with credit to understand their credit -- the requirement is educational in nature.

So from that rule we can work out the characteristics of a non-compliant letter. Any one of these things is typically going to mean you have a claim:

1. There is no reason given for the closure. I've seen this from Citibank, Fidelity, Bank of the West, and US Bank (to name a few).
2. There's a reason given but it isn't specific. This is where you get the vague closure. Closed due to "risk," for example. Or, with Discover "we can no longer meet your servicing needs." Huh? Is Discover getting out of the credit card game? What does that mean? This gets to the educational aspect of the law. Has the bank informed you about what's going on? If the answer is "no," then you probably have a claim.
3. There's a specific reason give but it isn't true. For example, I have a case going right now. The client got a call from his bank asking about his activity. The client explained what he was doing and offered to adjust his behavior if the bank didn't like it, and the bank (a high level compliance representative) said "no, you're fine." Three weeks later, his accounts were closed due to "unacceptable activity" on the account. My argument is that this is not a truthful reason because a compliance rep explicitly said the conduct was acceptable.

Once again, I'll note that none of this is legal advice. Don't go to small claims court and say you're entitled to $10,000 because some lawyer on MMM forum said you are. There's always nuance and detail. But if anyone has more questions or wants some clarification, please feel free to shoot me a message.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on May 23, 2018, 10:21:49 AM
As I said above, banks can typically close your card at any time and for pretty much any reason. But, they have to provide the specific reason for the closure. The point of this legal requirement is to allow someone with credit to understand their credit -- the requirement is educational in nature.
So basically all the banks have to do is say, "We closed your account because we don't like how often you change authorized users on your account," and they'd be in compliance with the law, but instead they are being vague about their reasons. All the while it would be super simple for them to make changes that would make piggybacking ineffective and it would just stop happening.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Russ on May 23, 2018, 11:38:54 AM
Dumb Q: does "no late payments" refer to a payment past due date which goes away after you pay the late fee, or a payment 30+ days past due date which shows up on your credit report?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 23, 2018, 11:54:09 AM
Dumb Q: does "no late payments" refer to a payment past due date which goes away after you pay the late fee, or a payment 30+ days past due date which shows up on your credit report?

If it doesn't show up on the credit report, it shouldn't have any negative effect on the AU, so the latter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on May 23, 2018, 03:18:17 PM
For those of you who have your and spouse's cards enrolled: do you typically call for your spouse to ask for the AU removal, or do you have her/him call? It's easier for me to just call but I don't want to get sent to fraud detection, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on May 23, 2018, 04:04:48 PM
For those of you who have your and spouse's cards enrolled: do you typically call for your spouse to ask for the AU removal, or do you have her/him call? It's easier for me to just call but I don't want to get sent to fraud detection, etc.

I call for my wife.  I don't think having a female or male voice would get you sent to fraud department. 
If I were to get sent to fraud, I could answer any security questions they would ask of my wife. 

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 23, 2018, 04:12:42 PM
I would not expect a problem but would assume they will require authorization from spouse.  Unless you are planning to impersonate them.  Not recommended.

Typically, a csr from any financial company is going to require auth from spouse for you to speak on their behalf.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on May 23, 2018, 06:04:54 PM
For those of you who have your and spouse's cards enrolled: do you typically call for your spouse to ask for the AU removal, or do you have her/him call? It's easier for me to just call but I don't want to get sent to fraud detection, etc.
If you are not a co-signor on the account, they should not allow you to make changes. If they do then any other AU could as well. It turns out I had been considered just an AU on my wife's card so I had to actually fill out an app to get approved to be a joint owner before I could add/remove AUs so she wouldn't have to deal with it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 23, 2018, 07:51:19 PM
How quickly do you add AU?  I got an email monday evening saying I had new AU to add, but I didn't have time to log in and get the info and call yet.  I got an email from TL company today asking if they were added saying there were due by 5/21 (the night I got the notification).  Now I'm ready to add them, but the email made it sound like if they weren't added by 5/21 she had to replace them, so I don't know if I should go ahead and add them or if she's going to move them to another card.  This card has been filling up consistently and I just removed 2 AU last week, so I expect I'd get another 2 slots right away.

Do you jump on adding AU immediately? What's a reasonable time frame to get them added?  I feel like it often takes a week or so to show up after adding them anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 23, 2018, 08:19:50 PM
Fuck it I added them before hearing back.  20 minute phone call to citi.  I'll probably have to call back at least once to re add them because citi.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 23, 2018, 09:18:31 PM
How quickly do you add AU?  I got an email monday evening saying I had new AU to add, but I didn't have time to log in and get the info and call yet.  I got an email from TL company today asking if they were added saying there were due by 5/21 (the night I got the notification).  Now I'm ready to add them, but the email made it sound like if they weren't added by 5/21 she had to replace them, so I don't know if I should go ahead and add them or if she's going to move them to another card.  This card has been filling up consistently and I just removed 2 AU last week, so I expect I'd get another 2 slots right away.

Do you jump on adding AU immediately? What's a reasonable time frame to get them added?  I feel like it often takes a week or so to show up after adding them anyway.

I usually add the same day if possible.  But to the best of my recollection, both companies usually give me at least two or three days notice (i.e., if my closing date is the 19th I'll get the email on the 16th or 17th).

If you didn't add them by the deadline (which is probably also your card closing date), I can understand them moving that AU to another card.  But I also think they should give you more than a few hours' notice, because most of us aren't always able to check email and do an add every day.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 23, 2018, 09:21:17 PM
Fuck it I added them before hearing back.  20 minute phone call to citi.  I'll probably have to call back at least once to re add them because citi.
Do you have issues with Citi cards? I added my AUs online to my AAdvantage cards with no problems.


Sent from my iPhone using Tapatalk
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on May 24, 2018, 07:52:05 AM
Fuck it I added them before hearing back.  20 minute phone call to citi.  I'll probably have to call back at least once to re add them because citi.
Do you have issues with Citi cards? I added my AUs online to my AAdvantage cards with no problems.

Citi's site doesn't let me add the SS# online so I have to call, and the calls to them generally suck and take forever.  I tried adding online once but the AU didn't post since I didn't add the social. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 24, 2018, 08:29:20 AM
Fuck it I added them before hearing back.  20 minute phone call to citi.  I'll probably have to call back at least once to re add them because citi.
Do you have issues with Citi cards? I added my AUs online to my AAdvantage cards with no problems.


Sent from my iPhone using Tapatalk

Yes citi customer service sucks.  Last round I ended up having to call 3 times to add the AU.  See page 43 of this thread for my numerous posts on the topic.  Last night ended up being a 20 minute phone call and got transferred to fraud prevention.  They also don't let you add the SSN online, you have to call in.

Card closing date is the 22nd.  Got the email around 6pm on the 21st, with an apparent deadline of the 21st.  With a full time job and a 7 month old baby I don't always have the time to drop what I'm doing and spend 20 minutes on the phone with citi. 

If my card closing date is the 22nd, why did they wait until the 16th to request I remove the previous AU?  What advantage did having them on from the 23rd to the 16th if I just remove them at that point?  I could have had a much more reasonable window to get more AU sales and actually get them on my card before the statement closing date if they requested an earlier removal. It usually takes citi several days (and multiple call ins) before the AU is actually added to my account, so at least a few days notice would be nice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on May 24, 2018, 08:37:45 AM

If my card closing date is the 22nd, why did they wait until the 16th to request I remove the previous AU?  What advantage did having them on from the 23rd to the 16th if I just remove them at that point? 

They like us to leave a user on for a full two months. For some cards it's three months.  Look at your card history and I bet that user they asked you to remove on May 16th was added on March 16th.

I assume that having a user on for less than two months looks suspicious.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 24, 2018, 09:30:45 AM
I tend to have an AU added and confirmed within an hour of notification.  A lot of good it's done me.  I'm now over a year without an AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 24, 2018, 09:53:38 AM

If my card closing date is the 22nd, why did they wait until the 16th to request I remove the previous AU?  What advantage did having them on from the 23rd to the 16th if I just remove them at that point? 

They like us to leave a user on for a full two months. For some cards it's three months.  Look at your card history and I bet that user they asked you to remove on May 16th was added on March 16th.

I assume that having a user on for less than two months looks suspicious.

I get that, but then it jams me up for the next round by only allowing like 5 days to sell the tradeline, notify me, and have me contact citi, and have citi actually add them.  The same thing happened last time.  I was contacted on the 21st to add AU, and it ended up being an ordeal because I had to call citi 3 times before they actually showed up.  A few hours notice is not enough time to get me to add them, and have citi actually add them to my account. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hunt2eat on May 24, 2018, 11:13:55 AM
When is the last time payments were sent from the new TL?  I haven't' rec'd payments for 2/3 or 3/3 ads.  I have emailed the owner and haven't heard back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 24, 2018, 11:18:40 AM
When is the last time payments were sent from the new TL?  I haven't' rec'd payments for 2/3 or 3/3 ads.  I have emailed the owner and haven't heard back.

PM me with the email address you signed up under.

All payments for February adds (where the statement closed in February) should have been paid. I've been assured most March payments have been made as well, and the rest should be within the next week (so getting somewhat caught up, in that the next set of payments is due in a week, but at least none will be outstanding).

If anyone hasn't been paid for a February add, please PM me so I can look into it!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 24, 2018, 12:20:20 PM

I get that, but then it jams me up for the next round by only allowing like 5 days to sell the tradeline, notify me, and have me contact citi, and have citi actually add them.  The same thing happened last time.  I was contacted on the 21st to add AU, and it ended up being an ordeal because I had to call citi 3 times before they actually showed up.  A few hours notice is not enough time to get me to add them, and have citi actually add them to my account.

I would call the company and see what they can work out with you.

I had a situation with the old company where a card was overloaded and the dates for removal and add were overlapping.  They had me remove a day early.

Good luck.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on May 24, 2018, 12:39:24 PM
My Barclay account shows shopping activity by a recently added AU through the "old" company. I just got notification of a fraud alert from Barclay. I received the card a week or so ago and never activated it. I'm going to notify the "old" company, but does anyone have any advice or seen this happen before?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 24, 2018, 12:44:03 PM
My Barclay account shows shopping activity by a recently added AU through the "old" company. I just got notification of a fraud alert from Barclay. I received the card a week or so ago and never activated it. I'm going to notify the "old" company, but does anyone have any advice or seen this happen before?

Real weird. Both companies claim they've never had an AU make an unauthorized purchase.

I don't even know how that AU would, since they don't have a card, the card number, etc.

How do you know it's unauthorized activity from the AU, and not normal fraud, which happens randomly (and from compromised cards?

The fact that Barclays flagged it as unauthorized suggests to me it's more likely "regular" fraudulent activity unrelated to AU activity (because if it was an authorized user doing it, why would they flag it as potential fraud? The user would be authorized).

Contact the tradeline company, see what they say, but sounds like Barclays just froze the card temporarily, and they'll ship you a new one, per regular fraud activity. No big deal, IMO.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 24, 2018, 12:49:49 PM
My Barclay account shows shopping activity by a recently added AU through the "old" company. I just got notification of a fraud alert from Barclay. I received the card a week or so ago and never activated it. I'm going to notify the "old" company, but does anyone have any advice or seen this happen before?

Is it showing the transaction on the AU's card # or yours?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SwordGuy on May 24, 2018, 12:52:16 PM
@arebelspy , could you tell us how much you've been making via tradelines the last few years?

Ditto with others.   It's a very, very, very long thread to slog thru, and I would love some summary info to share with others.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on May 24, 2018, 12:53:43 PM
I just received a call from Capital One they asked me questions about the authorized user and the mentioned that they could not verify a connection to me through public records. They said that they will send a package that requires more information about the Authorized user.

Any ideas? What do you guys say when they ask you who is the authorized user?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on May 24, 2018, 01:09:44 PM
My Barclay account shows shopping activity by a recently added AU through the "old" company. I just got notification of a fraud alert from Barclay. I received the card a week or so ago and never activated it. I'm going to notify the "old" company, but does anyone have any advice or seen this happen before?

Is it showing the transaction on the AU's card # or yours?

The transactions show the last four digits of the AU's card.

The  two charges are very suspicious-looking, regardless of which card. Just gobbledygook letters stringed together for the vendor name. Like this: ouorjlfjflmf (not the actual name, but for illustrative purposes). So Barclays would likely have flagged them even if the purchases were made on my own card.

I spoke with the rep from the "old" company, and I asked whether it was possible it is just run-of-the-mill fraudulent activity that just happens to be on the AU's card, trying to give the AU the benefit of the doubt. She said it's possible, but she's calling the user to get some extra details. I've been instructed to hold off just yet in calling Barclays back while they assess the situation, but she said the likely next step is to remove him as an AU as a precaution.

I had two orders through them and received two separate unmarked envelopes with what felt like cards inside; to be transparent, I never opened the envelopes because they were the only CCs I was expecting and I assumed that what's they were, so I can't say with 100% certainty that I do have the AU's card. That's my mistake, and one I won't repeat.

I will report back!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 24, 2018, 03:13:00 PM
@arebelspy , could you tell us how much you've been making via tradelines the last few years?

Ditto with others.   It's a very, very, very long thread to slog thru, and I would love some summary info to share with others.

Low five figures.

The wife and I have a lot of cards enrolled between us.

From talking to other Mustachians, it ranges from a few hundred to a couple of people similar to myself. Average (for those getting sales) is probably a couple thousand, from what I've seen.

It very much depends on how many cards you have, and how desirable you are.

For a broad rule of thumb, without knowing anything about the ages, card types, etc., I think it's reasonable to assume 1-2 sales every 2 months per card that is at least 3-5 years old (a lot older, and you'll see closer to 2+ reliably, younger more towards 1). Times, say $150 per sale (assuming a 20k limit or so). That leaves you with 150-300 per two months times 12 months a year = $900-1800 per card per year.

If your card is newer, or lower limits, cut that in half or more (since the amount when you make a sale is half as much, plus you'll make them much less frequently). Say $300/year for a weaker card (a handful of sales at $75 per sale)?

Times the number of cards you have.  2-3 strong ones, and a handful of weaker ones should net you in the 4-5k range. If you and a spouse can each do that, you get to the low five figures pretty easily. Not a bad supplemental FIRE income, for almost no effort.

The key though is that the amount of work is so low--the dollar per hour is great whether you see a few sales or a lot.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 24, 2018, 03:13:27 PM
My Barclay account shows shopping activity by a recently added AU through the "old" company. I just got notification of a fraud alert from Barclay. I received the card a week or so ago and never activated it. I'm going to notify the "old" company, but does anyone have any advice or seen this happen before?

Is it showing the transaction on the AU's card # or yours?

The transactions show the last four digits of the AU's card.

The  two charges are very suspicious-looking, regardless of which card. Just gobbledygook letters stringed together for the vendor name. Like this: ouorjlfjflmf (not the actual name, but for illustrative purposes). So Barclays would likely have flagged them even if the purchases were made on my own card.

I spoke with the rep from the "old" company, and I asked whether it was possible it is just run-of-the-mill fraudulent activity that just happens to be on the AU's card, trying to give the AU the benefit of the doubt. She said it's possible, but she's calling the user to get some extra details. I've been instructed to hold off just yet in calling Barclays back while they assess the situation, but she said the likely next step is to remove him as an AU as a precaution.

I had two orders through them and received two separate unmarked envelopes with what felt like cards inside; to be transparent, I never opened the envelopes because they were the only CCs I was expecting and I assumed that what's they were, so I can't say with 100% certainty that I do have the AU's card. That's my mistake, and one I won't repeat.

I will report back!

Very interesting. Thanks for the updates!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Slow2FIRE on May 24, 2018, 06:18:25 PM
My Barclay account shows shopping activity by a recently added AU through the "old" company. I just got notification of a fraud alert from Barclay. I received the card a week or so ago and never activated it. I'm going to notify the "old" company, but does anyone have any advice or seen this happen before?

Is it showing the transaction on the AU's card # or yours?

The transactions show the last four digits of the AU's card.

The  two charges are very suspicious-looking, regardless of which card. Just gobbledygook letters stringed together for the vendor name. Like this: ouorjlfjflmf (not the actual name, but for illustrative purposes). So Barclays would likely have flagged them even if the purchases were made on my own card.

I spoke with the rep from the "old" company, and I asked whether it was possible it is just run-of-the-mill fraudulent activity that just happens to be on the AU's card, trying to give the AU the benefit of the doubt. She said it's possible, but she's calling the user to get some extra details. I've been instructed to hold off just yet in calling Barclays back while they assess the situation, but she said the likely next step is to remove him as an AU as a precaution.

I had two orders through them and received two separate unmarked envelopes with what felt like cards inside; to be transparent, I never opened the envelopes because they were the only CCs I was expecting and I assumed that what's they were, so I can't say with 100% certainty that I do have the AU's card. That's my mistake, and one I won't repeat.

I will report back!

So, does the person who purchased the AU line have the ability to check their own credit history and see the account number?  Not sure how it shows up on someone's credit report when they are an authorized user.

I think some of my credit reports show all but the last four digits of the credit card numbers for any accounts I have.  I don't think it would be too hard to get a company rep to give up the "last four" because that is usually tossed around quite a lot and I don't think many people are as concerned about the security of the last four digits (call up bank, state your name and ssn and that you have an account, convince the cust svc rep to give you the last four of your card, etc).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on May 24, 2018, 08:53:51 PM
It very much depends on how many cards you have, and how desirable you are.

For a broad rule of thumb, without knowing anything about the ages, card types, etc., I think it's reasonable to assume 1-2 sales every 2 months per card that is at least 3-5 years old (a lot older, and you'll see closer to 2+ reliably, younger more towards 1). Times, say $150 per sale (assuming a 20k limit or so). That leaves you with 150-300 per two months times 12 months a year = $900-1800 per card per year.

If your card is newer, or lower limits, cut that in half or more (since the amount when you make a sale is half as much, plus you'll make them much less frequently). Say $300/year for a weaker card (a handful of sales at $75 per sale)?

Times the number of cards you have.  2-3 strong ones, and a handful of weaker ones should net you in the 4-5k range. If you and a spouse can each do that, you get to the low five figures pretty easily. Not a bad supplemental FIRE income, for almost no effort.

The key though is that the amount of work is so low--the dollar per hour is great whether you see a few sales or a lot.


Haha my experience is the opposite... I have one card that is very old (20+ yrs) and has a high limit (20k+) and I rarely see any sales on it. I also have a very new card (2 yrs) with a middling limit (10k) that books solid, every slot always full.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 24, 2018, 08:55:32 PM
Interesting!

My data is quite limited, so always good to hear other people's experiences. :)

In any case, a mix of cards by various issuers, of various ages, and limits, seems to be the best. You can make a pretty solid income if you can round up a half dozen of them (and ditto for a SO).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on May 24, 2018, 09:04:04 PM
My Barclay account shows shopping activity by a recently added AU through the "old" company. I just got notification of a fraud alert from Barclay. I received the card a week or so ago and never activated it. I'm going to notify the "old" company, but does anyone have any advice or seen this happen before?

Is it showing the transaction on the AU's card # or yours?

I've added my sister as an AU on a few of my cards over the years and I'm pretty sure that the account number on her card has always been the same as the number on my card.  The current card she has is the same account number.
The transactions show the last four digits of the AU's card.

The  two charges are very suspicious-looking, regardless of which card. Just gobbledygook letters stringed together for the vendor name. Like this: ouorjlfjflmf (not the actual name, but for illustrative purposes). So Barclays would likely have flagged them even if the purchases were made on my own card.

I spoke with the rep from the "old" company, and I asked whether it was possible it is just run-of-the-mill fraudulent activity that just happens to be on the AU's card, trying to give the AU the benefit of the doubt. She said it's possible, but she's calling the user to get some extra details. I've been instructed to hold off just yet in calling Barclays back while they assess the situation, but she said the likely next step is to remove him as an AU as a precaution.

I had two orders through them and received two separate unmarked envelopes with what felt like cards inside; to be transparent, I never opened the envelopes because they were the only CCs I was expecting and I assumed that what's they were, so I can't say with 100% certainty that I do have the AU's card. That's my mistake, and one I won't repeat.

I will report back!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on May 25, 2018, 09:32:43 AM
So, does the person who purchased the AU line have the ability to check their own credit history and see the account number?  Not sure how it shows up on someone's credit report when they are an authorized user.
I don't think full account numbers show on any credit report (I doubt the issuer provides the full account number to the credit reporting agencies). Piggybacking largely works because the account shows up on the AU's report almost the same as if they were the primary account holder.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 25, 2018, 10:05:44 AM
How quickly do you add AU?  I got an email monday evening saying I had new AU to add, but I didn't have time to log in and get the info and call yet.  I got an email from TL company today asking if they were added saying there were due by 5/21 (the night I got the notification).  Now I'm ready to add them, but the email made it sound like if they weren't added by 5/21 she had to replace them, so I don't know if I should go ahead and add them or if she's going to move them to another card.  This card has been filling up consistently and I just removed 2 AU last week, so I expect I'd get another 2 slots right away.

Do you jump on adding AU immediately? What's a reasonable time frame to get them added?  I feel like it often takes a week or so to show up after adding them anyway.

Well apparently if you don't add them by the due date you don't get paid.  So I got 6 hours notice to add them (got emails at 5:29 PM and 5:48PM on 5/21 that were apparently due to add by 5/21).  Since I added them late (48 hours after notified) I got to take all the risk of adding weird names to my card, used up my 2 slots (since it's suspicious to remove AU so quickly I've been instructed to leave them), got to sit on the phone with citi for 20 minutes, and I don't get paid.  wtf new company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 25, 2018, 10:28:31 AM
So, does the person who purchased the AU line have the ability to check their own credit history and see the account number?  Not sure how it shows up on someone's credit report when they are an authorized user.
I don't think full account numbers show on any credit report (I doubt the issuer provides the full account number to the credit reporting agencies). Piggybacking largely works because the account shows up on the AU's report almost the same as if they were the primary account holder.

I think it's still possible to obtain the account number in some circumstances.  I won't go into too much detail, but it's a risk.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 25, 2018, 01:16:23 PM
It very much depends on how many cards you have, and how desirable you are.

For a broad rule of thumb, without knowing anything about the ages, card types, etc., I think it's reasonable to assume 1-2 sales every 2 months per card that is at least 3-5 years old (a lot older, and you'll see closer to 2+ reliably, younger more towards 1). Times, say $150 per sale (assuming a 20k limit or so). That leaves you with 150-300 per two months times 12 months a year = $900-1800 per card per year.

If your card is newer, or lower limits, cut that in half or more (since the amount when you make a sale is half as much, plus you'll make them much less frequently). Say $300/year for a weaker card (a handful of sales at $75 per sale)?

Times the number of cards you have.  2-3 strong ones, and a handful of weaker ones should net you in the 4-5k range. If you and a spouse can each do that, you get to the low five figures pretty easily. Not a bad supplemental FIRE income, for almost no effort.

The key though is that the amount of work is so low--the dollar per hour is great whether you see a few sales or a lot.


Haha my experience is the opposite... I have one card that is very old (20+ yrs) and has a high limit (20k+) and I rarely see any sales on it. I also have a very new card (2 yrs) with a middling limit (10k) that books solid, every slot always full.

Ditto for me. Signed up with the "newer" TL company 1.5 years ago with a card that is 15+ years and 20K+ credit limit. Saw sales immediately and then nothing for over a year. Unfortunately I don't have any middle of the road cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on May 25, 2018, 02:10:00 PM
How quickly do you add AU?  I got an email monday evening saying I had new AU to add, but I didn't have time to log in and get the info and call yet.  I got an email from TL company today asking if they were added saying there were due by 5/21 (the night I got the notification).  Now I'm ready to add them, but the email made it sound like if they weren't added by 5/21 she had to replace them, so I don't know if I should go ahead and add them or if she's going to move them to another card.  This card has been filling up consistently and I just removed 2 AU last week, so I expect I'd get another 2 slots right away.

Do you jump on adding AU immediately? What's a reasonable time frame to get them added?  I feel like it often takes a week or so to show up after adding them anyway.

Well apparently if you don't add them by the due date you don't get paid.  So I got 6 hours notice to add them (got emails at 5:29 PM and 5:48PM on 5/21 that were apparently due to add by 5/21).  Since I added them late (48 hours after notified) I got to take all the risk of adding weird names to my card, used up my 2 slots (since it's suspicious to remove AU so quickly I've been instructed to leave them), got to sit on the phone with citi for 20 minutes, and I don't get paid.  wtf new company?

I was worried something like this might happen so first I took the payment due day, instead of the closing day, then built a 1-2 days buffer on top of that as the "closing day" I provided to them.

They also "lost" one of the AUs I added.  Apparently another card holder failed to add the AU in proper time (whether it was done late or not at all, I don't know) so the AU was transferred to me for an April add.  This month, I get another add, look at my order history, and the AU from April doesn't show anywhere.  I contacted the company, and they "fixed" it, however it now shows as a May add.  So I imagine for this April add, I'll be paid sometime mid July instead of the end of May like it should be.

They really aren't on top of their stuff.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on May 25, 2018, 02:20:10 PM
The old tradeline company is looking for more cards.
...
Disclaimer: I will get a referral commission when you sell AU spots, but you will get paid the same whether you use my referral or not--it will not reduce your payment to have me as the referral, and for this month, you'll make $150 more than you would otherwise due to the signup bonus.

The old company shows the commission amount / date to be paid.  Is this supposed to include the referral bonus?  Mine only shows the base amount for the card issuer/limit.
Title: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 25, 2018, 03:20:49 PM
I have already gotten five calls to my personal phone asking for my authorized user since adding them a few days ago. The people calling do not identify themselves and tell me that the line is being recorded and ask for them by name. Has anybody else had this issue?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on May 25, 2018, 03:53:07 PM
I have already gotten five calls to my personal phone asking for my authorized user since adding them a few days ago. The people calling do not identify themselves and tell me that the line is being recorded and ask for them by name. Has anybody else had this issue?
Yes, but not recently.
In my case, it seemed to be debt collectors looking for the AU.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 25, 2018, 03:54:41 PM
I have already gotten five calls to my personal phone asking for my authorized user since adding them a few days ago. The people calling do not identify themselves and tell me that the line is being recorded and ask for them by name. Has anybody else had this issue?
Yes, but not recently.
In my case, it seemed to be debt collectors looking for the AU.
Well on the upside it looks like the AU add was successful at least
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 25, 2018, 04:02:51 PM
Wow, that seems incredibly fast.  Maybe it is a big debt.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 25, 2018, 04:08:01 PM
I have already gotten five calls to my personal phone asking for my authorized user since adding them a few days ago. The people calling do not identify themselves and tell me that the line is being recorded and ask for them by name. Has anybody else had this issue?
Yes, but not recently.
In my case, it seemed to be debt collectors looking for the AU.
Well on the upside it looks like the AU add was successful at least

As long as we're looking at silver linings, you could monitor the calls for FDCPA violations... ;-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 25, 2018, 04:31:43 PM
Crazy. I haven't gotten any calls, but I think my number isn't very Google-able. I know some people have gotten a few.

Can you block the number(s)?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on May 25, 2018, 05:50:43 PM
I've received calls too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on May 25, 2018, 07:33:55 PM
I have already gotten five calls to my personal phone asking for my authorized user since adding them a few days ago.
Why is your phone now linked to the AU? I never answer unknown numbers but I've never had a message for anyone else yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 25, 2018, 07:36:29 PM
I have already gotten five calls to my personal phone asking for my authorized user since adding them a few days ago.
Why is your phone now linked to the AU? I never answer unknown numbers but I've never had a message for anyone else yet.
That’s precisely what I’d like to know. Citi has my phone number, but they don’t report it. So I am concerned that I’m getting these phone calls. Tradeline sellers are supposed to be more or less anonymous. It took them ~4 days to find my number and start asking for my AU’s without identifying who they are or why they’re calling.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hay_otsuka on May 25, 2018, 08:02:06 PM
Skip tracers will likely call numbers associated with any new addresses for the debtor

Sent from my Nexus 6P using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 26, 2018, 08:29:03 AM
Crazy. I haven't gotten any calls, but I think my number isn't very Google-able. I know some people have gotten a few.

Can you block the number(s)?

Same here.  I don't think my number is easily tied to my address (VOIP).  Also, I use a PO BOX.

It might be a good idea for those doing any regular volume of sales to get a PO box.  You can deduct the annual fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 26, 2018, 09:01:46 AM
I've received a couple of calls. I just tell them wrong number and I never hear back from them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kudy on May 26, 2018, 08:29:49 PM
I just received a call from Capital One they asked me questions about the authorized user and the mentioned that they could not verify a connection to me through public records. They said that they will send a package that requires more information about the Authorized user.

Any ideas? What do you guys say when they ask you who is the authorized user?

This is worrying - I've been adding 2 AUs on Capital One almost every 2 months, for years and I haven't received any similar calls. I'm wondering what happens if you ignore the package? I might ask the tradeline company what you should do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 26, 2018, 09:24:45 PM
I just received a call from Capital One they asked me questions about the authorized user and the mentioned that they could not verify a connection to me through public records. They said that they will send a package that requires more information about the Authorized user.

Any ideas? What do you guys say when they ask you who is the authorized user?

This is worrying - I've been adding 2 AUs on Capital One almost every 2 months, for years and I haven't received any similar calls. I'm wondering what happens if you ignore the package? I might ask the tradeline company what you should do.

When I tried to ignore a similar situation with my Barclays card (mentioned upthread), they froze my account and very nearly accused me of unethical behavior.  I cannot access my account online, my card was declined when I did a test transaction, and I (obviously) cannot add or remove AUs.

I have asked the New Company (through whom the AU sales occurred on this card) for advice about a week ago and have yet to receive any response.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on May 29, 2018, 10:14:11 AM
Whatever happened to the idea of Mustachians starting our own tradeline company? Is anyone still working on that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 29, 2018, 10:42:40 AM
Whatever happened to the idea of Mustachians starting our own tradeline company? Is anyone still working on that?

Yea what's up with this?  We gotta be able to run it better than the current companies.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on May 29, 2018, 10:54:36 AM
I have already gotten five calls to my personal phone asking for my authorized user since adding them a few days ago. The people calling do not identify themselves and tell me that the line is being recorded and ask for them by name. Has anybody else had this issue?

you likely entered your phone number when signing them up - you should not enter your phone number just make one up - thats what the procedures say to do at all the sites i use to sell tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 29, 2018, 11:19:43 AM
As I said above, banks can typically close your card at any time and for pretty much any reason. But, they have to provide the specific reason for the closure. The point of this legal requirement is to allow someone with credit to understand their credit -- the requirement is educational in nature.
So basically all the banks have to do is say, "We closed your account because we don't like how often you change authorized users on your account," and they'd be in compliance with the law, but instead they are being vague about their reasons. All the while it would be super simple for them to make changes that would make piggybacking ineffective and it would just stop happening.

Sounds like you've got the handle of it. I think there's the potential for them to get in trouble if they're not uniformly enforcing this new standard of too many AUs. But generally, you have the gist of it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on May 29, 2018, 11:23:39 AM
I have already gotten five calls to my personal phone asking for my authorized user since adding them a few days ago. The people calling do not identify themselves and tell me that the line is being recorded and ask for them by name. Has anybody else had this issue?
Yes, but not recently.
In my case, it seemed to be debt collectors looking for the AU.
Well on the upside it looks like the AU add was successful at least

As long as we're looking at silver linings, you could monitor the calls for FDCPA violations... ;-)

LOL. There you go. One of the first cases I ever worked on as a lawyer was defending a TCPA case (prohibiting telephone solicitation). I was so impressed by the Plaintiff. He had two lines, recorded every single call, and then he had a lawyer friend, and they'd go to work for the slightest infraction of the semi-complex rules.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on May 29, 2018, 12:05:02 PM
Anyone had their US Bank card shut down before?  Had 2 sales from the "old" company last month, after many months of no activity from the "new" company.  Today I got an email from Netflix to update my payment details.  I'd been charging Netflix to my US Bank card for the nominal tradeline activity.  I updated the card details with Netflix but still kept getting an error message.  Now I log in to my US Bank account online and there aren't any accounts listed.  I'm assuming it's a shutdown? 

Kinda sucks, actually got sales for once and kapow.  No more.  :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hay_otsuka on May 29, 2018, 12:08:56 PM
Both my us bank cards showing zero available credit also as of today

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Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 29, 2018, 12:49:23 PM
My USBank accounts are fine, FWIW.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on May 29, 2018, 01:57:49 PM
This is troubling news.  US bank cards have been some of the most consistent performers for selling tradelines. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: linuxhero on May 29, 2018, 02:24:12 PM
I just received a call from Capital One they asked me questions about the authorized user and the mentioned that they could not verify a connection to me through public records. They said that they will send a package that requires more information about the Authorized user.

Any ideas? What do you guys say when they ask you who is the authorized user?

This is worrying - I've been adding 2 AUs on Capital One almost every 2 months, for years and I haven't received any similar calls. I'm wondering what happens if you ignore the package? I might ask the tradeline company what you should do.

When I tried to ignore a similar situation with my Barclays card (mentioned upthread), they froze my account and very nearly accused me of unethical behavior.  I cannot access my account online, my card was declined when I did a test transaction, and I (obviously) cannot add or remove AUs.

I have asked the New Company (through whom the AU sales occurred on this card) for advice about a week ago and have yet to receive any response.

I received a phone call a few weeks ago from Capital One's fraud department asking if I had added the authorized users.  I stated I did.  They then said they would send me 'the package' to upload the social security and driver's licenses of the authorized users.  I then emailed the 'new' company and asked them for those documents.  The 'new' company then stated that 'Capital One looks like they are going to close your account and is looking for further information from you.  Unfortunately, we do not provide ids.  In every case when it is requested and even when submitted they close your account.'

So, at this point I have a 'frozen' Capital One account (they have not closed it yet).

In a semi-related incident, I've noticed that my oldest card with the 'new' company (opened since 1995) that the last 3 AUs have not posted even though I added the AU on time.  What I've noticed (could be a coincidence) is that when there is no SS card / Driver's license in the 'customer document' section for that user, those AUs fail to post.  I'm a bit curious as to why some users have that info in the 'customer document' section and others do not.  Should I be adding an AU w/o those documents?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on May 29, 2018, 02:40:03 PM
I then emailed the 'new' company and asked them for those documents.  The 'new' company then stated that 'Capital One looks like they are going to close your account and is looking for further information from you.  Unfortunately, we do not provide ids.  In every case when it is requested and even when submitted they close your account.'


This must be a very new policy. When Capital One asked for drivers licenses and social security cards for my two AUs on March 24th, the new company already had both documents for one of the AUs on their website and promptly emailed me the docs for the other AU. I submitted to CapOne and my restrictions were removed.

The card wasn't shut down.

Regarding the SS numbers, I know Citi doesn't post correctly without the SS#, so I have to call in the AU, even though the website has an area where an AU can be added.  The online area doesn't have a field for SS#.

Look on the new company website on your tasks page and see if the phrase "must be called in" in next to those AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: linuxhero on May 29, 2018, 03:23:38 PM
I then emailed the 'new' company and asked them for those documents.  The 'new' company then stated that 'Capital One looks like they are going to close your account and is looking for further information from you.  Unfortunately, we do not provide ids.  In every case when it is requested and even when submitted they close your account.'


This must be a very new policy. When Capital One asked for drivers licenses and social security cards for my two AUs on March 24th, the new company already had both documents for one of the AUs on their website and promptly emailed me the docs for the other AU. I submitted to CapOne and my restrictions were removed.

The card wasn't shut down.

Regarding the SS numbers, I know Citi doesn't post correctly without the SS#, so I have to call in the AU, even though the website has an area where an AU can be added.  The online area doesn't have a field for SS#.

Look on the new company website on your tasks page and see if the phrase "must be called in" in next to those AUs.

I'm not sure, but it sounds like your issue occurred when adding AUs originally, and mine is Capital One auditing my account, asking about _past_ AUs (like, the last 5 or something).  Sorry that I didn't clarify that before.

Every time I've had a Citi add, I have always called it in and added the SS# during that call.  I then check the Citi website to confirm they have been added correctly (no misspelled names).  It is with Citi that the past 3 AUs have not posted with the credit bureaus correctly.  But, I swear that each time the SS# is given and verified on the call.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on May 29, 2018, 04:53:21 PM
I just received a call from Capital One they asked me questions about the authorized user and the mentioned that they could not verify a connection to me through public records. They said that they will send a package that requires more information about the Authorized user.

Any ideas? What do you guys say when they ask you who is the authorized user?

This is worrying - I've been adding 2 AUs on Capital One almost every 2 months, for years and I haven't received any similar calls. I'm wondering what happens if you ignore the package? I might ask the tradeline company what you should do.

When I tried to ignore a similar situation with my Barclays card (mentioned upthread), they froze my account and very nearly accused me of unethical behavior.  I cannot access my account online, my card was declined when I did a test transaction, and I (obviously) cannot add or remove AUs.

I have asked the New Company (through whom the AU sales occurred on this card) for advice about a week ago and have yet to receive any response.

So Capital One frozed my account and they want me to call them to clear concerns about potential fraud.

What do you guys say when they ask you; who is the person that you are trying trying to add to your account?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 29, 2018, 05:10:54 PM
I suppose they are truthfully business associates. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on May 29, 2018, 08:46:26 PM
Whatever happened to the idea of Mustachians starting our own tradeline company? Is anyone still working on that?

Yea what's up with this?  We gotta be able to run it better than the current companies.

On the logistics and supply side?  Sure, while multitasking.  From the beach.

But the hard part is finding the buyers, and that's the sticking point I haven't figured out yet.  Anyone have any bright ideas on where to locate a steady stream of non-fraudulent credit line purchasers.  If we can solve that part, we can have our own company up and running before summer is over.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on May 30, 2018, 05:07:23 AM
Whatever happened to the idea of Mustachians starting our own tradeline company? Is anyone still working on that?

Yea what's up with this?  We gotta be able to run it better than the current companies.

On the logistics and supply side?  Sure, while multitasking.  From the beach.

But the hard part is finding the buyers, and that's the sticking point I haven't figured out yet.  Anyone have any bright ideas on where to locate a steady stream of non-fraudulent credit line purchasers.  If we can solve that part, we can have our own company up and running before summer is over.

That definitely is. Facebook and Google ads for sure. Then if there is growth consider hiring someone for that. The profit margin potential seems so sigh that the main cost would be marketing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 30, 2018, 09:31:42 AM
Whatever happened to the idea of Mustachians starting our own tradeline company? Is anyone still working on that?

About a year ago, I spent a month starting one. Formed an LLC, found some "employees," made a website, etc.

After a forced break for a bit (wife got very bad "morning" sickness that lasted all day for awhile with her second pregnancy, and I was full time toddler duty), I realized when going back to it that it wasn't what I wanted to do with my (FIRE'd) life, and wound it down.

I think it's a super lucrative thing, and I'm still shocked no Mustachian (especially one who wants several million for a fat FIRE) has run with it, but there you go.

On the logistics and supply side?  Sure, while multitasking.  From the beach.

But the hard part is finding the buyers, and that's the sticking point I haven't figured out yet.  Anyone have any bright ideas on where to locate a steady stream of non-fraudulent credit line purchasers.  If we can solve that part, we can have our own company up and running before summer is over.

Sure, lots and lots of ideas.

Here's an easy one: People new to the country, with little to no credit, who just need a temporary boost to get started with life here (get a car loan, apartment, maybe a credit card). They plan to pay everything on time, not default, because their credit profile is important to them, it's just difficult for them to get it rolling.

I have some thoughts on where/how to find them, but you can probably come up with some yourself, as well.

I've got a document with a bunch of ideas of ways to find AUs. It still takes work, and interfacing with them. But the part you mention is just a marketing puzzle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 30, 2018, 09:40:04 AM
Whatever happened to the idea of Mustachians starting our own tradeline company? Is anyone still working on that?

Yea what's up with this?  We gotta be able to run it better than the current companies.

On the logistics and supply side?  Sure, while multitasking.  From the beach.

But the hard part is finding the buyers, and that's the sticking point I haven't figured out yet.  Anyone have any bright ideas on where to locate a steady stream of non-fraudulent credit line purchasers.  If we can solve that part, we can have our own company up and running before summer is over.

Why don't we set up the logistics and supply side, and recruit salespeople to find buyers.  We get a cut of their sales.  And the salespeople can each recruit their own team of salespeople, and get a cut of their sales, and so on.  The whole organization could be shaped like a reverse funnel.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on May 30, 2018, 10:04:26 AM
I would love to be a part of the mustachian Tradeline company. Also unlike probably a lot of FIRE folks, I am willing to put the hours in and have done some small ventures before
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 30, 2018, 10:07:09 AM
Why don't we set up the logistics and supply side, and recruit salespeople to find buyers.  We get a cut of their sales.  And the salespeople can each recruit their own team of salespeople, and get a cut of their sales, and so on.  The whole organization could be shaped like a reverse funnel.

To the first sentence: I definitely had an affiliate thing set up for bringing in AUs.

I lol'd at the rest. :D

I would love to be a part of the mustachian Tradeline company. Also unlike probably a lot of FIRE folks, I am willing to put the hours in and have done some small ventures before

Then go, make it happen. You have a willing group of cardholders.

No one needs permission to start anything; just go and do it! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on May 30, 2018, 11:20:15 AM
Why don't we set up the logistics and supply side, and recruit salespeople to find buyers.  We get a cut of their sales.  And the salespeople can each recruit their own team of salespeople, and get a cut of their sales, and so on.  The whole organization could be shaped like a reverse funnel.

To the first sentence: I definitely had an affiliate thing set up for bringing in AUs.

I lol'd at the rest. :D

I would love to be a part of the mustachian Tradeline company. Also unlike probably a lot of FIRE folks, I am willing to put the hours in and have done some small ventures before

Then go, make it happen. You have a willing group of cardholders.

No one needs permission to start anything; just go and do it! :)

I'm happy to set up a call to talk with folks who are interested.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on May 30, 2018, 11:39:26 AM
I would love to be a part of the mustachian Tradeline company. Also unlike probably a lot of FIRE folks, I am willing to put the hours in and have done some small ventures before

The problem here is one of profit.  This is a high risk venture requiring full time work from a single individual person, plus staff later on.  That person will want to make money, and probably should be allowed to retain the profits from their venture. 

How is the forum going to feel about sol (or anyone else here) making $200k/year off of the member's credit cards?  I'd probably be pissed to see one person getting rich, while the per-sale fee to cardholders continues to decline.  But I don't think anyone is likely to put in the time and effort required to do this properly without the opportunity for significant personal profit.

And it's not exactly a part time gig.  If you have a day job, you probably can't do this business the right way.  If you don't have a day job because you are retired (like rebs) then all of this hard work probably doesn't appeal to you.  We need someone who is young and hungry enough to put in the long hours for their chance at riches.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 30, 2018, 11:53:21 AM
The problem here is one of profit.  This is a high risk venture requiring full time work from a single individual person, plus staff later on.  That person will want to make money, and probably should be allowed to retain the profits from their venture. 
...
And it's not exactly a part time gig.  If you have a day job, you probably can't do this business the right way.  If you don't have a day job because you are retired (like rebs) then all of this hard work probably doesn't appeal to you.  We need someone who is young and hungry enough to put in the long hours for their chance at riches.

I agree that it won't really be a "team effort" among Mustachians--it'll be one enterprising individual, and likely someone who throws himself or herself into it full time.

Most the tradeline companies have ~5 employees (some as few as 2-3), but it'll be one person starting it and driving all the decisions and doing everything themselves that kicks it off, then they'll hire employees (assistants). It won't be a team of equally shared individuals initially, IMO, as the diffusion of responsibility would mean a big lack of progress.

It'll be someone deciding "Yes, I want the chance to make a few million, and am willing to devote at least six months or a year of my life to launching a company to make that happen."

Quote
How is the forum going to feel about sol (or anyone else here) making $200k/year off of the member's credit cards?  I'd probably be pissed to see one person getting rich, while the per-sale fee to cardholders continues to decline.  But I don't think anyone is likely to put in the time and effort required to do this properly without the opportunity for significant personal profit.

I sure wouldn't be upset. If someone is willing to do all the work, provide more sales to all of us, great. That's win-win. I don't care how much someone else is making, if it works for me, too (and I wouldn't enroll cards if it didn't).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on May 30, 2018, 02:16:12 PM
For me the sticking point is PCI compliance and best practices around handling SSNs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on May 30, 2018, 02:24:14 PM
For me the sticking point is PCI compliance and best practices around handling SSNs.

Those are both problems you can solve with money.  If one of us starts this venture, there will be several thousand dollars of startup and security costs, but that should include all of the required encrypted cloud storage for businesses that store credit card info and ssns.

I still think this is the easy part.  Finding and verifying legit buyers is a much bigger bottleneck from my perspective, otherwise we would all be selling our personal cards as often as we wanted to.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on May 30, 2018, 02:34:07 PM
Yup, marketing is the sticking point. I started down this road a while back, just shortly after ARS. The webdev, legal work, accounting, is all pretty straightforward. Most of it can be handled by one person. This forum itself is a gold mine of available card holders. But who is going to buy? I had a few ideas for finding buyers. I think the discussion is somewhere in this thread, in fact.

In the end it was more work than I could put in. Too big an unknown.

ETA: I formed an LLC, finalized a company logo, hired a webdev who had the website up and running, retained an accountant (although he never had to do anything), and consulted with an attorney about the language of the contracts. All I had left to do was advertise here for card holders, and figure who would buy this stuff.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on May 30, 2018, 03:01:06 PM
I think ARS originally did some work to determine how a reputable Tradeline company vets buyers to weed out scammers. Hopefully he can chime in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on May 30, 2018, 06:01:24 PM
Well, at least 1 of my 2 Citi AU's did not properly post with old company, even though I called to add SSN and have a physical card + they show up as AUs on my account. Bummer. I hope the other one worked, but I'm not holding my breath. :-| Thanks, Citi!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 30, 2018, 06:32:40 PM
I have had the same problem with Citibank not posting. One tradeline company I use has stopped taking Citibank cards for that reason (not the AREBELSPY reccomended companies ).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Timmm on May 30, 2018, 07:03:32 PM
Why don't we set up the logistics and supply side, and recruit salespeople to find buyers.  We get a cut of their sales....

I was a sales manager for a little while many years ago and I think I had a slightly unusual challenge that would apply to this business, too. You don't want every customer who wants to sign up. I think you want some kind of quality control. I don't know that the broker company could have any liability, but if there is rampant fraud on a big enough scale, you have a higher risk of having to find out in court. Plus your cardholders want to believe they're helping people with good intentions, and may avoid security review and closure if that's the case. You can't be right about all of them, and surely some with good intentions will default too.

But commissioned salespeople are only going to do what earns commissions. So there's still a lot of work after getting a prospect on the line, and commissions would need to reflect that buyer approval rate is very important.

It does seem that there is an opportunity for a new company in this space, just pointing out one factor I think should be considered.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 30, 2018, 08:38:35 PM
Yup, marketing is the sticking point. I started down this road a while back, just shortly after ARS. The webdev, legal work, accounting, is all pretty straightforward. Most of it can be handled by one person. This forum itself is a gold mine of available card holders. But who is going to buy? I had a few ideas for finding buyers. I think the discussion is somewhere in this thread, in fact.

In the end it was more work than I could put in. Too big an unknown.

ETA: I formed an LLC, finalized a company logo, hired a webdev who had the website up and running, retained an accountant (although he never had to do anything), and consulted with an attorney about the language of the contracts. All I had left to do was advertise here for card holders, and figure who would buy this stuff.

This may have already been discussed, but if you partner with real estate agents and target people seeking mortgages, then you limit the amount of fraud you encounter since a licensed professional is meeting this person face-to-face, and banks are scrutinizing their identities (beyond a simple FICO)

This would be a great space for mortgage brokers to get into, since they can go back and say "hey these are your quotes, but I can probably lower this payment by $X if you pay $Y to a buddy of mine."

But maybe this runs afoul of ethics rules
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on May 30, 2018, 09:22:48 PM
This would be a great space for mortgage brokers to get into, since they can go back and say "hey these are your quotes, but I can probably lower this payment by $X if you pay $Y to a buddy of mine."

But maybe this runs afoul of ethics rules

I have also considered real estate transactions to be a rich environment for finding legitimate buyers, and I don't think it is at ALL beneath a mortgage broker to help a buyer improve their credit.  Mortgage brokers are some of the shadiest people a normal law-abiding citizen will ever deal with.  Slightly shadier than used car salesmen.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on May 31, 2018, 04:47:51 AM
The old tradeline company is looking for more cards.
...
Disclaimer: I will get a referral commission when you sell AU spots, but you will get paid the same whether you use my referral or not--it will not reduce your payment to have me as the referral, and for this month, you'll make $150 more than you would otherwise due to the signup bonus.

The old company shows the commission amount / date to be paid.  Is this supposed to include the referral bonus?  Mine only shows the base amount for the card issuer/limit.

Full payment received in addition to the referral bonus - and right on time no less!  I think I shall be dropping the new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on May 31, 2018, 10:38:31 AM
The old tradeline company is looking for more cards.
...
Disclaimer: I will get a referral commission when you sell AU spots, but you will get paid the same whether you use my referral or not--it will not reduce your payment to have me as the referral, and for this month, you'll make $150 more than you would otherwise due to the signup bonus.

The old company shows the commission amount / date to be paid.  Is this supposed to include the referral bonus?  Mine only shows the base amount for the card issuer/limit.

Full payment received in addition to the referral bonus - and right on time no less!  I think I shall be dropping the new company.

I received the bonus today but not the payment for an add which shows as paid today. So maybe it will hit my account tomorrow.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on May 31, 2018, 11:53:33 AM
This would be a great space for mortgage brokers to get into, since they can go back and say "hey these are your quotes, but I can probably lower this payment by $X if you pay $Y to a buddy of mine."

But maybe this runs afoul of ethics rules

I have also considered real estate transactions to be a rich environment for finding legitimate buyers, and I don't think it is at ALL beneath a mortgage broker to help a buyer improve their credit.  Mortgage brokers are some of the shadiest people a normal law-abiding citizen will ever deal with.  Slightly shadier than used car salesmen.

I don't think this actually improves credit for a mortgage right ? It only works for renters and car buyers?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 31, 2018, 12:02:06 PM
This would be a great space for mortgage brokers to get into, since they can go back and say "hey these are your quotes, but I can probably lower this payment by $X if you pay $Y to a buddy of mine."

But maybe this runs afoul of ethics rules

I have also considered real estate transactions to be a rich environment for finding legitimate buyers, and I don't think it is at ALL beneath a mortgage broker to help a buyer improve their credit.  Mortgage brokers are some of the shadiest people a normal law-abiding citizen will ever deal with.  Slightly shadier than used car salesmen.

I don't think this actually improves credit for a mortgage right ? It only works for renters and car buyers?

Why wouldn't it? It's increasing their credit score, which should get them a better mortgage rate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on May 31, 2018, 12:46:35 PM
The old tradeline company is looking for more cards.
...
Disclaimer: I will get a referral commission when you sell AU spots, but you will get paid the same whether you use my referral or not--it will not reduce your payment to have me as the referral, and for this month, you'll make $150 more than you would otherwise due to the signup bonus.

The old company shows the commission amount / date to be paid.  Is this supposed to include the referral bonus?  Mine only shows the base amount for the card issuer/limit.

Full payment received in addition to the referral bonus - and right on time no less!  I think I shall be dropping the new company.

I received the bonus today but not the payment for an add which shows as paid today. So maybe it will hit my account tomorrow.

I received the total for 2 adds and the bonus today all as one payment.  I'm impressed with the "old" company so far. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on May 31, 2018, 01:18:18 PM
I received the total for 2 adds and the bonus today all as one payment.  I'm impressed with the "old" company so far.

It's a sign of how far we've come that paying the correct amount at the agreed upon time counts as impressive improvement.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on May 31, 2018, 01:49:32 PM
I received the total for 2 adds and the bonus today all as one payment.  I'm impressed with the "old" company so far.

It's a sign of how far we've come that paying the correct amount at the agreed upon time counts as impressive improvement.

Indeed it is a low bar.  But after only having dealt with the "new" company until now, this feels like a breath of fresh air.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on May 31, 2018, 03:00:58 PM
I received the total for 2 adds and the bonus today all as one payment.  I'm impressed with the "old" company so far.

It's a sign of how far we've come that paying the correct amount at the agreed upon time counts as impressive improvement.

Indeed it is a low bar.  But after only having dealt with the "new" company until now, this feels like a breath of fresh air.

Hey I'm right there with you, bud.  We switched our cards too, and are much happier.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 31, 2018, 06:19:53 PM
is there anyone on here who is selling tradelines on a particular card for over 2 years and having them not shut down? i wonder what is a typical lifespan of a tradeline with a carefull piggybacking strategy

I have about 30 AUs sold on a barclays card.  It has been almost 2 years.  So far, so good.  Does that help you?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NAEByrd85 on May 31, 2018, 07:29:15 PM
I added an authorized user (through the "new" company) to my Capital One card back in Feb. Now Capital One has frozen the account and opened a case. They want the drivers license and SSN of the user. Has anyone else experienced this with Capital One? Or is the user I added likely illegit?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 31, 2018, 07:35:36 PM
Capitol ONE has done that before to others. My account is in restricted status after abouit six total AU adds, 2 at a time, for last six months.  I have not called them to ask why, I assume they want info on the AU's
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on May 31, 2018, 08:03:08 PM
Citi's site doesn't let me add the SS# online so I have to call, and the calls to them generally suck and take forever.  I tried adding online once but the AU didn't post since I didn't add the social.

For Citi, after the AU has been added online, I've been submitting the AUs SSN through the secure contact us link and its worked fine so far. Have not had to call in yet after 15 or so AU aDDS.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on May 31, 2018, 08:37:00 PM
Got my first sale from the old company, for a card I transferred from the new company, that had 6 sales on it in 2017.  Today I got a letter from US Bank. The card is now "restricted". I haven't called them yet. I'm interpreting that meaning no more AUs can be added to that card, but I'm not sure what happens to the AU I just added. And whether or not I can use the card for small purchases anymore.  I sent a copy of the letter to the old company today, no response yet. I have a balance on the card that I'll pay down slowly. Hopefully I can get that card reinstated eventually. But that one is done for tradelines.

Anyone else get a letter from US Bank?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 01, 2018, 05:23:51 AM
I received the total for 2 adds and the bonus today all as one payment.  I'm impressed with the "old" company so far.

It's a sign of how far we've come that paying the correct amount at the agreed upon time counts as impressive improvement.

Indeed it is a low bar.  But after only having dealt with the "new" company until now, this feels like a breath of fresh air.

Hey I'm right there with you, bud.  We switched our cards too, and are much happier.

Yeah, it's nice to work with an efficient and competent company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on June 01, 2018, 06:19:18 AM
Quote
Got my first sale from the old company, for a card I transferred from the new company, that had 6 sales on it in 2017.  Today I got a letter from US Bank. The card is now "restricted". I haven't called them yet. I'm interpreting that meaning no more AUs can be added to that card, but I'm not sure what happens to the AU I just added. And whether or not I can use the card for small purchases anymore.  I sent a copy of the letter to the old company today, no response yet. I have a balance on the card that I'll pay down slowly. Hopefully I can get that card reinstated eventually. But that one is done for tradelines.

I had that situation with Capitol one. I did as you did, pay it off slowly so that the tradeline AU on there can have success, and I would get paid. Even with my card in restricted status, my AU posted OK. I paid the minimum for those two months. I never contacted them to see what was up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on June 01, 2018, 08:02:36 AM
I paid the minimum for those two months.
You felt paying interest would look less suspicious?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 01, 2018, 10:01:38 AM
Citi's site doesn't let me add the SS# online so I have to call, and the calls to them generally suck and take forever.  I tried adding online once but the AU didn't post since I didn't add the social.

For Citi, after the AU has been added online, I've been submitting the AUs SSN through the secure contact us link and its worked fine so far. Have not had to call in yet after 15 or so AU aDDS.

How do you draft an online message to let them know you want to add the SSN with the Authorized User?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 01, 2018, 10:24:06 AM
Citi's site doesn't let me add the SS# online so I have to call, and the calls to them generally suck and take forever.  I tried adding online once but the AU didn't post since I didn't add the social.

For Citi, after the AU has been added online, I've been submitting the AUs SSN through the secure contact us link and its worked fine so far. Have not had to call in yet after 15 or so AU aDDS.

How do you draft an online message to let them know you want to add the SSN with the Authorized User?

OMG this would make the process infinitely more efficient with citi.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on June 01, 2018, 10:49:23 AM
For Citi, after the AU has been added online, I've been submitting the AUs SSN through the secure contact us link and its worked fine so far. Have not had to call in yet after 15 or so AU aDDS.

This is a great idea! Then I can be sure they spell the name correctly as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on June 01, 2018, 10:55:18 AM
How do you draft an online message to let them know you want to add the SSN with the Authorized User?

Two methods:
Under "Services" select "Statements & Documents". From that page click "View Secure Message Center."

Or, on the front page at the very bottom in the black area with all of the categories, under the "Help & Support" choices, select "Contact us." On the next page, at the bottom on a white background is "Read messages from secure message center." (In spite of it's name, it allows you to send, not just read.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 01, 2018, 11:26:57 AM
How quickly do you add AU?  I got an email monday evening saying I had new AU to add, but I didn't have time to log in and get the info and call yet.  I got an email from TL company today asking if they were added saying there were due by 5/21 (the night I got the notification).  Now I'm ready to add them, but the email made it sound like if they weren't added by 5/21 she had to replace them, so I don't know if I should go ahead and add them or if she's going to move them to another card.  This card has been filling up consistently and I just removed 2 AU last week, so I expect I'd get another 2 slots right away.

Do you jump on adding AU immediately? What's a reasonable time frame to get them added?  I feel like it often takes a week or so to show up after adding them anyway.

Well apparently if you don't add them by the due date you don't get paid.  So I got 6 hours notice to add them (got emails at 5:29 PM and 5:48PM on 5/21 that were apparently due to add by 5/21).  Since I added them late (48 hours after notified) I got to take all the risk of adding weird names to my card, used up my 2 slots (since it's suspicious to remove AU so quickly I've been instructed to leave them), got to sit on the phone with citi for 20 minutes, and I don't get paid.  wtf new company?

Now I have in my tasks to remove both AU 2 months after I added them (plus a couple extra days for some reason), so they will come off just after my July statement posts, which means the next AU that gets added will actually post August 22.  Since I'm not getting paid, what's the risk in removing them early?  Is removing them after 2 weeks (and moving the card to the old company) really going to look more suspicious than me adding/removing 2 random names every 2 months?  I could get a full cycle of 2 new AU on in the meantime rather than letting the current ones get 2 credit report postings for free.   Or should I just ride it out? 

EDIT:

How long does it take for the tradeline companies to vet potential AU?  Last cycle I ran into the same situation where I was notified just before closing date, and I had to call citi 3 times to get them added.  When I looked on my portal it showed that each AU purchased the tradeline 2-3 weeks prior, but I wasn't notified until just before closing, and when I inquired why I was told that it takes them a bit of time to verify the AU and they didn't want to jump the gun until they properly vetted them.  Seemed funny to me that both cleared the process just a day or so before I needed to add them.  This cycle one of the AU shows a purchase date the same day I was notified to add.  How do some of them apparently take 2-3 weeks to verify, but this one got same day approval?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on June 01, 2018, 12:27:04 PM
Anyone had their US Bank card shut down before?  Had 2 sales from the "old" company last month, after many months of no activity from the "new" company.  Today I got an email from Netflix to update my payment details.  I'd been charging Netflix to my US Bank card for the nominal tradeline activity.  I updated the card details with Netflix but still kept getting an error message.  Now I log in to my US Bank account online and there aren't any accounts listed.  I'm assuming it's a shutdown? 

Kinda sucks, actually got sales for once and kapow.  No more.  :(

Received the letter today and I quote:

"Dear CARDHOLDER NAME: (that's not me protecting my identity, that's actually what it says on the letter)

The overall credit performance of our cardmembers is periodically reviewed.  As a result of a recent review your account has been restricted effective immediately.  Our decision was based on the following principal reason(s):

    -    The pattern of adding and removing authorized users on your account(s) poses a risk to the bank. 

if you have any questions about this decision, you can speak with one of our Credit Specialists blah blah blah blah.

Sincerely,
Risk Department"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 01, 2018, 01:54:18 PM
How do you draft an online message to let them know you want to add the SSN with the Authorized User?

Two methods:
Under "Services" select "Statements & Documents". From that page click "View Secure Message Center."

Or, on the front page at the very bottom in the black area with all of the categories, under the "Help & Support" choices, select "Contact us." On the next page, at the bottom on a white background is "Read messages from secure message center." (In spite of it's name, it allows you to send, not just read.)

My question is not how to send receive emails, but what are you going to state in this email to them?  "Include the social security number for the authorized user for this card" 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lmf on June 01, 2018, 04:21:15 PM
Anyone had their US Bank card shut down before?  Had 2 sales from the "old" company last month, after many months of no activity from the "new" company.  Today I got an email from Netflix to update my payment details.  I'd been charging Netflix to my US Bank card for the nominal tradeline activity.  I updated the card details with Netflix but still kept getting an error message.  Now I log in to my US Bank account online and there aren't any accounts listed.  I'm assuming it's a shutdown? 

Kinda sucks, actually got sales for once and kapow.  No more.  :(


Received the letter today and I quote:

"Dear CARDHOLDER NAME: (that's not me protecting my identity, that's actually what it says on the letter)

The overall credit performance of our cardmembers is periodically reviewed.  As a result of a recent review your account has been restricted effective immediately.  Our decision was based on the following principal reason(s):

    -    The pattern of adding and removing authorized users on your account(s) poses a risk to the bank. 

if you have any questions about this decision, you can speak with one of our Credit Specialists blah blah blah blah.

Sincerely,
Risk Department"

I just got the exact same letter.  Same scenario as you.  I added two AUs with the old company after many months of no activity with the new company and now my account is restricted.  Apparently US Bank is cracking down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on June 01, 2018, 07:22:31 PM
Anyone had their US Bank card shut down before?  Had 2 sales from the "old" company last month, after many months of no activity from the "new" company.  Today I got an email from Netflix to update my payment details.  I'd been charging Netflix to my US Bank card for the nominal tradeline activity.  I updated the card details with Netflix but still kept getting an error message.  Now I log in to my US Bank account online and there aren't any accounts listed.  I'm assuming it's a shutdown? 

Kinda sucks, actually got sales for once and kapow.  No more.  :(


Received the letter today and I quote:

"Dear CARDHOLDER NAME: (that's not me protecting my identity, that's actually what it says on the letter)

The overall credit performance of our cardmembers is periodically reviewed.  As a result of a recent review your account has been restricted effective immediately.  Our decision was based on the following principal reason(s):

    -    The pattern of adding and removing authorized users on your account(s) poses a risk to the bank. 

if you have any questions about this decision, you can speak with one of our Credit Specialists blah blah blah blah.

Sincerely,
Risk Department"

I just got the exact same letter.  Same scenario as you.  I added two AUs with the old company after many months of no activity with the new company and now my account is restricted.  Apparently US Bank is cracking down.

Wow, that sounds awfully specific.  Nothing like "unable to service your needs"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on June 01, 2018, 07:48:43 PM
Quote
I paid the minimum for those two months.
You felt paying interest would look less suspicious?

NO, Once Cap One placed me on restricted status,  I was not able to add AU, however the ones on there still posted. I paid the minimum to make my small balance last 3 months, in that way I am assured the AU will post adn I will get paid for those two. But now we are done - unable to add any more AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on June 01, 2018, 08:00:34 PM
How do you draft an online message to let them know you want to add the SSN with the Authorized User?

Two methods:
Under "Services" select "Statements & Documents". From that page click "View Secure Message Center."

Or, on the front page at the very bottom in the black area with all of the categories, under the "Help & Support" choices, select "Contact us." On the next page, at the bottom on a white background is "Read messages from secure message center." (In spite of it's name, it allows you to send, not just read.)

My question is not how to send receive emails, but what are you going to state in this email to them?  "Include the social security number for the authorized user for this card"

I tell them "Please add SSN # xxx-xx-xxxx for authorized user Joe schmoe".  The card number referenced is already selected in the secure message center.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 01, 2018, 09:29:52 PM
Wow, that sounds awfully specific.  Nothing like "unable to service your needs"

Maybe they had a run in with @PointsLawyer and decided to get specific.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 01, 2018, 09:46:23 PM
How do you draft an online message to let them know you want to add the SSN with the Authorized User?

Two methods:
Under "Services" select "Statements & Documents". From that page click "View Secure Message Center."

Or, on the front page at the very bottom in the black area with all of the categories, under the "Help & Support" choices, select "Contact us." On the next page, at the bottom on a white background is "Read messages from secure message center." (In spite of it's name, it allows you to send, not just read.)

My question is not how to send receive emails, but what are you going to state in this email to them?  "Include the social security number for the authorized user for this card"

I tell them "Please add SSN # xxx-xx-xxxx for authorized user Joe schmoe".  The card number referenced is already selected in the secure message center.

Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 02, 2018, 05:05:28 AM
First Discover, now US Bank? And possibly Cap One? Seems the well is drying up. I wonder who is next.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 04, 2018, 02:05:36 PM
Anyone had their US Bank card shut down before?  Had 2 sales from the "old" company last month, after many months of no activity from the "new" company.  Today I got an email from Netflix to update my payment details.  I'd been charging Netflix to my US Bank card for the nominal tradeline activity.  I updated the card details with Netflix but still kept getting an error message.  Now I log in to my US Bank account online and there aren't any accounts listed.  I'm assuming it's a shutdown? 

Kinda sucks, actually got sales for once and kapow.  No more.  :(

Received the letter today and I quote:

"Dear CARDHOLDER NAME: (that's not me protecting my identity, that's actually what it says on the letter)

The overall credit performance of our cardmembers is periodically reviewed.  As a result of a recent review your account has been restricted effective immediately.  Our decision was based on the following principal reason(s):

    -    The pattern of adding and removing authorized users on your account(s) poses a risk to the bank. 

if you have any questions about this decision, you can speak with one of our Credit Specialists blah blah blah blah.

Sincerely,
Risk Department"

Despite me crowing upthread that I hadn't been affected with my USBank cards, I got two letters in the mail today from USBank dated 5/30.

A couple of data points:

I actually have three USBank cards listed with New Company and only received letters on two of them.  Since the beginning of 2017, one had 6 AUs, one had 8 AUs, and one had 1 AU.  So it may be that one can continue to milk things at a lower rate.  Or it could be that more than X AUs will get you selected.

The letter didn't actually restrict my accounts, it just warned me that they might restrict my account at some future point if they "continue to notice a patter of activity that poses risk to you or to the bank it may result in closure to further transactions."

One of the things I think would be valuable in this thread is if people start to post more data points about adverse action and things they have done that have resolved the adverse action, and/or data points so people can start to figure out what triggers adverse action and what doesn't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on June 04, 2018, 02:54:28 PM
For my US Bank card I had originally listed it with the "new" company. 

Had 4 sales in 2017:
1 in May 2017
2 in June 2017
1 in Oct 2017

Didn't see any sales for a while so moved it over to the "old" company when ARS posted the referral bonus from them. 

Got 2 sales right away in April. 

Had my account restricted in late may. Haven't done anything to remedy it and likely won't any time soon. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 04, 2018, 02:59:39 PM
For my US Bank card I had originally listed it with the "new" company. 

Had 4 sales in 2017:
1 in May 2017
2 in June 2017
1 in Oct 2017

Didn't see any sales for a while so moved it over to the "old" company when ARS posted the referral bonus from them. 

Got 2 sales right away in April. 

Had my account restricted in late may. Haven't done anything to remedy it and likely won't any time soon.

Btw am i the only one who gets almost no sales with the "new" company? I got only one sale this year. I always registered AUs on time but refused to register one or two because they were too risky.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on June 04, 2018, 09:33:01 PM
Those of you who are 'restricted' on US Bank, have you tried making small purchases since the letter arrived? I haven't yet, but am wondering exactly what 'restricted' means.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 05, 2018, 05:13:32 AM

Btw am i the only one who gets almost no sales with the "new" company? I got only one sale this year. I always registered AUs on time but refused to register one or two because they were too risky.

<raises hand>

Yah, I'm with new and old company now.  No AUs for as long as I can remember.  I gotta think there are so many Mustachians signed up that I'm being squeezed out.  I've already moved the payout down a level with the new company, thinking that would make my cards more attractive.  I guess not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on June 05, 2018, 08:01:49 AM
Those of you who are 'restricted' on US Bank, have you tried making small purchases since the letter arrived? I haven't yet, but am wondering exactly what 'restricted' means.

I found out about my restriction before the letter arrived because my Netflix payment wouldn't go through.  When I log in to US Bank online my credit card doesn't show up under my accounts at all.  It's like the card doesn't exist. 

I'm wondering if the AU's that are one there will stay listed on there indefinitely... and if so will that continue to help them, or do restricted cards not get reported to the credit bureaus?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hay_otsuka on June 05, 2018, 11:35:02 AM
My credit is available again and letter I received seems to be a warning rather than a closure so maybe I escaped but obviously will be resting this card for a while
Those of you who are 'restricted' on US Bank, have you tried making small purchases since the letter arrived? I haven't yet, but am wondering exactly what 'restricted' means.

I found out about my restriction before the letter arrived because my Netflix payment wouldn't go through.  When I log in to US Bank online my credit card doesn't show up under my accounts at all.  It's like the card doesn't exist. 

I'm wondering if the AU's that are one there will stay listed on there indefinitely... and if so will that continue to help them, or do restricted cards not get reported to the credit bureaus?

Sent from my Nexus 6P using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on June 05, 2018, 06:14:56 PM
I received 2 identical  copies of the US Bank warning letter as well. I’m putting them on hold.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 05, 2018, 09:08:06 PM
I received 2 identical  copies of the US Bank warning letter as well. I’m putting them on hold.

They might be for different accounts.  Check the "Account ending in" line at the top above "Dear CARDHOLDER NAME".

I've been mulling over what to do and I think I may add one more AU to each one and then put them on hold.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Richie Poor on June 06, 2018, 10:32:08 AM
Those of you who are 'restricted' on US Bank, have you tried making small purchases since the letter arrived? I haven't yet, but am wondering exactly what 'restricted' means.

I'm wondering if the AU's that are one there will stay listed on there indefinitely... and if so will that continue to help them, or do restricted cards not get reported to the credit bureaus?

If there is no balance on the card then it would not get reported to the bureaus. Since you can't add to the balance it would be tough to maintain a balance indefinitely.

I'm curious if the companies will stop accepting cards from the Discover, BofA, and US Bank since the card closures are ramping up or if they think it will be just a cyclical audit. I have a US Bank card that will mature next year and would like to enroll it eventually even if the card gets shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 06, 2018, 11:45:51 AM
True story.

Back in November 2017 I purchased a tradeline. I wanted to see how the process works, etc. It wasn't the new company or the old company. It's another company that I'll call BMS.

The tradeline is guaranteed to stay on the credit report for 60 days. When I checked my report today, it was still there - 6 months later. I called BMS to ask about their process. The cardholder has officially removed me from his/her card, it's just up to the bank how long the account stays on my report. The rep I spoke to actually bragged that they've seen accounts stay on reports 5 years after they are removed.

Moral: if you're selling tradelines, potentially LOTS of people have your account on their reports.

Fun fact: this cardholder has been charging $2/month, just like the advice given on this thread. Which one of you am I piggybacking on?!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on June 06, 2018, 12:04:19 PM
True story.

Back in November 2017 I purchased a tradeline. I wanted to see how the process works, etc. It wasn't the new company or the old company. It's another company that I'll call BMS.

The tradeline is guaranteed to stay on the credit report for 60 days. When I checked my report today, it was still there - 6 months later. I called BMS to ask about their process. The cardholder has officially removed me from his/her card, it's just up to the bank how long the account stays on my report. The rep I spoke to actually bragged that they've seen accounts stay on reports 5 years after they are removed.

Moral: if you're selling tradelines, potentially LOTS of people have your account on their reports.

Fun fact: this cardholder has been charging $2/month, just like the advice given on this thread. Which one of you am I piggybacking on?!

By "have your account on their reports" what does this mean? SSN? Full CC Numbers?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 06, 2018, 12:26:59 PM
True story.

Back in November 2017 I purchased a tradeline. I wanted to see how the process works, etc. It wasn't the new company or the old company. It's another company that I'll call BMS.

The tradeline is guaranteed to stay on the credit report for 60 days. When I checked my report today, it was still there - 6 months later. I called BMS to ask about their process. The cardholder has officially removed me from his/her card, it's just up to the bank how long the account stays on my report. The rep I spoke to actually bragged that they've seen accounts stay on reports 5 years after they are removed.

Moral: if you're selling tradelines, potentially LOTS of people have your account on their reports.

Fun fact: this cardholder has been charging $2/month, just like the advice given on this thread. Which one of you am I piggybacking on?!

This matches my accidential AU story...  Mother put me on a store card unbeknownst to me.  When I noticed it, I asked her about it and she removed me from the account.  At least 2 years later, it is still reporting.  I could dispute it to have it removed but there is no reason in this case.

Next poster...  it just shows as an account on their report.  None of your personal info is there...  I forget the verbiage exactly.  It would appear similar to their own or a joint card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on June 06, 2018, 01:07:01 PM
Citi cards are dropping like flies - not a huge loss but sucks the income isnt there - it was a pain to call in each month to add users on those cards - guess i'll just churn them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 06, 2018, 01:11:29 PM
All of my credit cards (both mine and the tradeline I bought) show the first 6 digits of the CC number on my credit report. No other personally identifying information. In fact, since I have more than one card from a couple banks, sometimes it takes a minute to figure out which is which. (For example, I have several Citi cards, but they all just show up as "Citibank", and I have to look at the opening dates to figure out which is which.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on June 06, 2018, 02:26:51 PM
Citi cards are dropping like flies - not a huge loss but sucks the income isnt there - it was a pain to call in each month to add users on those cards - guess i'll just churn them.

@boarder42 Which citi cards are you getting closed down?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: boarder42 on June 06, 2018, 02:35:38 PM
Citi cards are dropping like flies - not a huge loss but sucks the income isnt there - it was a pain to call in each month to add users on those cards - guess i'll just churn them.

@boarder42 Which citi cards are you getting closed down?

friends have had all sorts closed down i personally had the AA platinum closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on June 06, 2018, 02:42:59 PM
I had a Citi add today, and when I called it in I got sent to the Fraud Dept., but they only wanted to text me a verification code to my cell phone before completing the add.


A data point I've noticed with the new company is that on one of my cards, I mostly get AU requests from people who live within like 20 miles of me. I live in a major city with a significant immigrant population, I wonder if it is just coincidence, or, if they're keeping it to locals to make it seem like it's people I might reasonably know. 9 times out of 10, AUs on that card have been from addresses I might actually have driven past on my way to work. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on June 06, 2018, 02:48:15 PM
A data point I've noticed with the new company is that on one of my cards, I mostly get AU requests from people who live within like 20 miles of me. I live in a major city with a significant immigrant population, I wonder if it is just coincidence, or, if they're keeping it to locals to make it seem like it's people I might reasonably know. 9 times out of 10, AUs on that card have been from addresses I might actually have driven past on my way to work.

Same for me with new company when I got orders from them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on June 06, 2018, 03:29:59 PM
A data point I've noticed with the new company is that on one of my cards, I mostly get AU requests from people who live within like 20 miles of me. I live in a major city with a significant immigrant population, I wonder if it is just coincidence, or, if they're keeping it to locals to make it seem like it's people I might reasonably know. 9 times out of 10, AUs on that card have been from addresses I might actually have driven past on my way to work.

Same for me with new company when I got orders from them.

 
That may explain why some of us are getting more AU requests than others
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on June 06, 2018, 04:01:36 PM
I'm in the Midwest and the majority of my adds are California, a few Arizona and Texas.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 07, 2018, 08:37:26 AM

A data point I've noticed with the new company is that on one of my cards, I mostly get AU requests from people who live within like 20 miles of me. I live in a major city with a significant immigrant population, I wonder if it is just coincidence, or, if they're keeping it to locals to make it seem like it's people I might reasonably know. 9 times out of 10, AUs on that card have been from addresses I might actually have driven past on my way to work.

You should stop on your way in, get out of the car and yell at the building "YOU'RE WELCOME!".
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on June 08, 2018, 07:58:21 AM
I'm on the East coast and almost all of my adds are from CA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on June 12, 2018, 05:55:55 PM
How do you organize your cards and adds? Do you simply rely on the company to to send you the info on when to remove? Or do you keep an overall spreadsheet with all of your cards, remove dates, commission, etc? Or does anyone keep more detailed spreadsheets for each card with the names of those you added, dates, etc? Trying to be efficient.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 12, 2018, 06:31:38 PM
How do you organize your cards and adds? Do you simply rely on the company to to send you the info on when to remove? Or do you keep an overall spreadsheet with all of your cards, remove dates, commission, etc? Or does anyone keep more detailed spreadsheets for each card with the names of those you added, dates, etc? Trying to be efficient.

I keep an Excel spreadsheet.  One row per AU.  Columns are:  CL, expected commission, AU name, and then dates for:  AU added, purchase made, AU card received, AU card activated, received payment, removed AU, destroyed card.  Personally I also have ticklers in my todo folder for each of my piggybacking cards for two days after the closing dates to add a charge if I have active AUs.  That way there is a balance on the card the entire duration that an AU is on there.  @arebelspy doesn't do these subsequent purchases and he has reported that they're not necessary for piggybacking to work, but the companies recommend it and it's a small effort so I do it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on June 12, 2018, 06:54:07 PM
What is your experience with citi AU's? Is any more than 2 adds in danger of getting flagged? Or are they more like Barclays with 5?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 12, 2018, 08:01:47 PM
I recently had 5 authorized users on my Citi card at one time. I just recently removed 3, and now down to 2 left.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on June 13, 2018, 05:53:30 AM
How do you organize your cards and adds? Do you simply rely on the company to to send you the info on when to remove? Or do you keep an overall spreadsheet with all of your cards, remove dates, commission, etc? Or does anyone keep more detailed spreadsheets for each card with the names of those you added, dates, etc? Trying to be efficient.

I keep an Excel spreadsheet.  One row per AU.  Columns are:  CL, expected commission, AU name, and then dates for:  AU added, purchase made, AU card received, AU card activated, received payment, removed AU, destroyed card.  Personally I also have ticklers in my todo folder for each of my piggybacking cards for two days after the closing dates to add a charge if I have active AUs.  That way there is a balance on the card the entire duration that an AU is on there.  @arebelspy doesn't do these subsequent purchases and he has reported that they're not necessary for piggybacking to work, but the companies recommend it and it's a small effort so I do it.

Thank you. This is great.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on June 13, 2018, 10:53:53 AM
I recently had 5 authorized users on my Citi card at one time. I just recently removed 3, and now down to 2 left.

That's good to know. How long did you keep five users on at one time?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on June 13, 2018, 11:38:28 AM
How do you organize your cards and adds? Do you simply rely on the company to to send you the info on when to remove? Or do you keep an overall spreadsheet with all of your cards, remove dates, commission, etc? Or does anyone keep more detailed spreadsheets for each card with the names of those you added, dates, etc? Trying to be efficient.

I have a spreadsheet tab that lists: which card, request to add date, AU name, Order # from the portal, date added, date removed, amount owed, and date paid.

Because I'm an Excel nerd, the "date paid" column has both estimated and actual dates (the estimated ones are followed by a question mark "?", when the payment comes in it formats differently so it's easy to see), and underneath it totals up how much I expect to get paid in the calendar year, and then calculates the self-employment taxes I should expect to have taken out.

Elsewhere in my personal budget tab, it takes both the anticipated income and tax liability into account, and on my taxes tab it calculates the appropriate SEP IRA maximum contribution & eligible deduction.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 13, 2018, 07:27:00 PM
I recently had 5 authorized users on my Citi card at one time. I just recently removed 3, and now down to 2 left.

That's good to know. How long did you keep five users on at one time?


I think for about a month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 13, 2018, 07:34:08 PM
How do you organize your cards and adds? Do you simply rely on the company to to send you the info on when to remove? Or do you keep an overall spreadsheet with all of your cards, remove dates, commission, etc? Or does anyone keep more detailed spreadsheets for each card with the names of those you added, dates, etc? Trying to be efficient.

I have a spreadsheet tab that lists: which card, request to add date, AU name, Order # from the portal, date added, date removed, amount owed, and date paid.

Because I'm an Excel nerd, the "date paid" column has both estimated and actual dates (the estimated ones are followed by a question mark "?", when the payment comes in it formats differently so it's easy to see), and underneath it totals up how much I expect to get paid in the calendar year, and then calculates the self-employment taxes I should expect to have taken out.

Elsewhere in my personal budget tab, it takes both the anticipated income and tax liability into account, and on my taxes tab it calculates the appropriate SEP IRA maximum contribution & eligible deduction.

How do you calculate SEP IRA? Would you be able to share the formula? Is it applicable to a person with a full time job who already contributes to  401K and ROTH IRA and is ineligible for a tax-deductible IRA?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on June 13, 2018, 10:10:59 PM

How do you calculate SEP IRA? Would you be able to share the formula? Is it applicable to a person with a full time job who already contributes to  401K and ROTH IRA and is ineligible for a tax-deductible IRA?

Turbo Tax should be able to calculate how much you are eligible to contribute. I think with a 401K and Roth IRA you can still have an SEP IRA, but, the exact effect of your primary employer 401k on the limit you can contribute I don't know... I'm not close enough to the maximums to worry about it myself, so I haven't looked it up.

IIRC: Take your total earnings for the year from your 1099 Misc, Box 7. (Starting in 2018, I think you can first subtract 20% as a new "pass-through deduction", but I haven't gotten clarity yet on whether that applies to tradeline earnings). Then I estimate federal taxes owed based on my marginal federal rate, and state taxes I'll owe from my marginal state tax rate. Then, take 92.35% of your total from your 1099 Misc Box 7, and multiply that by 15.3%, to get what you owe in FICA. Half of that FICA can be your deduction for an SEP IRA.

To calculate the total you can actually contribute to the SEP IRA, take your 1099 Misc Box 7, subtract half of the above FICA to get a net income, and then 20% of that can be contributed to an SEP IRA (all the way up to $55,000, if you made like $300k in tradeline sales :P ).

All that should be checked with a tax advisor, yada yada, but the numbers I got in Excel matched what Turbo Tax gave me for 2017 and the Vanguard calculator (https://personal.vanguard.com/us/SbsCalculatorController), so, I think I'm right for me. You mileage may vary and all of that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on June 14, 2018, 07:18:05 AM
Glad to see I am not the only one sheltering some of this income with a SEP IRA.  Maybe a CPA on the forum could chime in regarding the passthrough deduction aspect.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 14, 2018, 08:13:42 AM
Glad to see I am not the only one sheltering some of this income with a SEP IRA.  Maybe a CPA on the forum could chime in regarding the passthrough deduction aspect.

Me too.  I think I learned about it from one of your posts too!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 14, 2018, 08:25:05 PM
You can do a SEP-IRA and it's not limited by your 401k deductions, it's entirely separate.

You can also do an individual 401k but if you're already maxing out your employee deduction at your main job, then it may not be worth all the extra work to get an individual 401k going - since you'll be just entitled to the employer deduction part and therefore would be the same as the SEP-IRA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on June 18, 2018, 11:38:19 AM
From what I understand, this has been true for at l ast 2 years but the industry is still going strong.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 20, 2018, 07:38:38 AM
Glad to see I am not the only one sheltering some of this income with a SEP IRA.  Maybe a CPA on the forum could chime in regarding the passthrough deduction aspect.

Short of not wanting to do all the math is it pretty safe to just throw 20% of whatever I earn in a SEP IRA? I did some part time work for my old company and earned quite a bit of non-taxed income on top of bank bonuses and selling tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 20, 2018, 09:54:37 AM
Glad to see I am not the only one sheltering some of this income with a SEP IRA.  Maybe a CPA on the forum could chime in regarding the passthrough deduction aspect.

Short of not wanting to do all the math is it pretty safe to just throw 20% of whatever I earn in a SEP IRA? I did some part time work for my old company and earned quite a bit of non-taxed income on top of bank bonuses and selling tradelines.

Yes, in my opinion.

Vanguard and Fidelity both have calculators online as well to help.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lmf on June 22, 2018, 06:38:16 PM
Has anyone gotten mail for their AUs from a different credit card company than the one you added them to?  I added an AU to my US Bank card last summer and just got mail from Discover for them marked 'Statement enclosed'.  Like they used my address to open an account at Discover or something.  What do I do with it?  I was thinking of marking it 'Not at this address. Return to sender'.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jdecandia on June 23, 2018, 03:37:37 AM
Hey everyone!

I have PM'd Arebelspy, but if his travelogue/blog is anything to go by he is probably out and about adventuring and has had little time to get back to my message.

I am wondering if any of you could PM me with suggestions for a reputable company or the experiences that you have had with your companies.

Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 23, 2018, 05:04:43 AM
Hey everyone!

I have PM'd Arebelspy, but if his travelogue/blog is anything to go by he is probably out and about adventuring and has had little time to get back to my message.

I am wondering if any of you could PM me with suggestions for a reputable company or the experiences that you have had with your companies.

Thank you!

PM sent to you with all the info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: startbyservingothers on June 23, 2018, 03:30:17 PM
From what I understand, this has been true for at l ast 2 years but the industry is still going strong.

I believe most banks use the "Mid Score"  (The second highest score.)  For mortgage approvals.  So if you boost at least 2 of their scores, then that is likely enough to get them approved.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on June 24, 2018, 09:04:41 AM
Has anyone gotten mail for their AUs from a different credit card company than the one you added them to?  I added an AU to my US Bank card last summer and just got mail from Discover for them marked 'Statement enclosed'.  Like they used my address to open an account at Discover or something.  What do I do with it?  I was thinking of marking it 'Not at this address. Return to sender'.

Not sure about mail since I use a virtual mailbox and any mail that is not addressed to the specified recipients gets shredded automatically. However, I have received phone calls for AUs from banks not associated with the card I had added them to. I think these are banks/debt collectors who are looking for these individuals. I just state that they have reached the wrong number and they apologize and let me know my number will be removed. I have yet to receive more than one call for the same individual.

I used to provide my phone number for the AU (some banks require this when adding them online), but now I have stopped doing that and instead provide another number so I don't get such phone calls.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 24, 2018, 03:39:50 PM
Has anyone gotten mail for their AUs from a different credit card company than the one you added them to?  I added an AU to my US Bank card last summer and just got mail from Discover for them marked 'Statement enclosed'.  Like they used my address to open an account at Discover or something.  What do I do with it?  I was thinking of marking it 'Not at this address. Return to sender'.

No, sorry, no experience with that.  If it happens again, I might wonder more about it.  If you only see it once for 1 AU, I wouldn't worry about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 25, 2018, 12:08:42 PM
Finally got an ad with the old company.  Opened when Joe mentioned it here and the bonus money for the first sale was included.  Looking forward to getting some money off tradelines again.  It's been a loooooong time for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cnel85 on June 25, 2018, 01:02:08 PM
Hey everyone!

I have PM'd Arebelspy, but if his travelogue/blog is anything to go by he is probably out and about adventuring and has had little time to get back to my message.

I am wondering if any of you could PM me with suggestions for a reputable company or the experiences that you have had with your companies.

Thank you!

PM sent to you with all the info.

If it's not too much trouble, could you PM me with the info as well? Thanks :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 25, 2018, 01:02:46 PM
Finally got an ad with the old company.  Opened when Joe mentioned it here and the bonus money for the first sale was included.  Looking forward to getting some money off tradelines again.  It's been a loooooong time for me.

Wishing you lots of luck!  They are keeping me busy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheOnlyJustin on June 25, 2018, 01:21:58 PM
If someone could PM me the information that would be greatly appreciated! I am assuming the OP gets tons of messages and hard to keep up with travel schedule. Thanks guys!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 25, 2018, 03:45:50 PM
PMs sent to @cnel85 and @TheOnlyJustin.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 25, 2018, 06:09:40 PM
Just PM me (http://forum.mrmoneymustache.com/pm/?sa=send;u=25) if you want a referral/more info/have questions.

While I am coincidentally traveling today (in an airport lounge at the moment), I respond to all PMs within 24 hours, and typically much shorter. Please don't clutter the thread with "PM me referral please!" :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on June 25, 2018, 09:17:35 PM
Just PM me (http://forum.mrmoneymustache.com/pm/?sa=send;u=25) if you want a referral/more info/have questions.

While I am coincidentally traveling today (in an airport lounge at the moment), I respond to all PMs within 24 hours, and typically much shorter. Please don't clutter the thread with "PM me referral please!" :)

They allow chatbots in the lounges now?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elysianfields on June 28, 2018, 03:25:29 AM
Hi everyone,

As I mentioned upthread, my Barclays card was an LL Cool Bean Visa that was switched over to Shitibank and is now a MasterCard.

I'm looking for a new Barclays card because of the convenience (adding / deleting AUs online) and their seeming apathy WRT how many AUs I add to such cards.  I'd like to obtain it ASAP so that I can start seasoning it.

Any suggestions for a good Barclays card - or from another good Piggybacking option?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 28, 2018, 03:46:10 AM
Hi everyone,

As I mentioned upthread, my Barclays card was an LL Cool Bean Visa that was switched over to Shitibank and is now a MasterCard.

I'm looking for a new Barclays card because of the convenience (adding / deleting AUs online) and their seeming apathy WRT how many AUs I add to such cards.  I'd like to obtain it ASAP so that I can start seasoning it.

Any suggestions for a good Barclays card - or from another good Piggybacking option?

I have the Barclays Aviator MasterCard, which means it must have come with a signup bonus of a few hundred dollars - $400 in my case IIRC.  I think there are a few flavors of the Aviator card.  For whatever reason, it has been popular with the AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 28, 2018, 11:02:24 AM
Hi everyone,

As I mentioned upthread, my Barclays card was an LL Cool Bean Visa that was switched over to Shitibank and is now a MasterCard.

I'm looking for a new Barclays card because of the convenience (adding / deleting AUs online) and their seeming apathy WRT how many AUs I add to such cards.  I'd like to obtain it ASAP so that I can start seasoning it.

Any suggestions for a good Barclays card - or from another good Piggybacking option?

Any barclays card is good.  NFL card offers $200 cash back from time to time.  Right now, it is only $100.  I would go with that or any other BC card w/o annual fee.

https://cards.barclaycardus.com/cards/nfl-extra-points-credit-card.html
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on June 29, 2018, 10:39:35 PM
Can the miles earned with the Barclays Aviator card (they have a 50,000 bonus going now with the $95 annual fee) be merged with miles from an AAdvantage card? 
I already have an aAdvantage card with 100,000s of miles and would be interested in being able to pool them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on June 30, 2018, 08:40:18 AM
Can the miles earned with the Barclays Aviator card (they have a 50,000 bonus going now with the $95 annual fee) be merged with miles from an AAdvantage card
I already have an aAdvantage card with 100,000s of miles and would be interested in being able to pool them.

What do you mean by AAdvantage card? Are you referring to the Citi AAdvantage card? The Barclays Aviator card is also an AAdvantage card.

If so, Assuming you're providing both Barclays and Citi with the same AAdvantage number with your application, all your points/miles earned will be posted to your American Airlines AAdvantage account. No need to do anything extra to pool or combine them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on July 01, 2018, 11:19:36 AM
Hi everyone,

As I mentioned upthread, my Barclays card was an LL Cool Bean Visa that was switched over to Shitibank and is now a MasterCard.

I'm looking for a new Barclays card because of the convenience (adding / deleting AUs online) and their seeming apathy WRT how many AUs I add to such cards.  I'd like to obtain it ASAP so that I can start seasoning it.

Any suggestions for a good Barclays card - or from another good Piggybacking option?

Me too. Did you receive the new Shitibank replacement card yet? I haven't ... Also, when I try to log into the barclays site for the Bean Visa (old card), I'm now locked out for "security reasons." Did this happen to you as well? Wondering if it has to do with transition to the new card or if they're on to me about all the AUs I've added.

I agree, adding and removing AUs was SO easy. Bummer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 02, 2018, 04:57:31 PM
I received an email from the new company that they will no longer accept  USAA, Cap 1, US Bank, or Elan. They expect it to be temporary while the companies do internal reviews. It's too bad because my CapitalOne has had two adds every two months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on July 02, 2018, 08:03:42 PM
I received an email from the new company that they will no longer accept  USAA, Cap 1, US Bank, or Elan. They expect it to be temporary while the companies do internal reviews. It's too bad because my CapitalOne has had two adds every two months.

I'm still waiting for my first add. Someday!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 03, 2018, 06:33:37 AM
I received an email from the new company that they will no longer accept  USAA, Cap 1, US Bank, or Elan. They expect it to be temporary while the companies do internal reviews. It's too bad because my CapitalOne has had two adds every two months.

Last time USAA was supposedly doing an internal audit, my card was on hold for 6-7 months. Ugh!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 03, 2018, 08:49:28 AM
Holy crap, I just got an add for my Chase card! I've had it enrolled for a year and a half, but never had a single AU - which is a shame, because it's got a $30k limit and is 14 years old. Anyone have any experience with how these post? I wonder if that has anything to do with the other issuers being pulled for the time being...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 03, 2018, 09:35:02 AM
Holy crap, I just got an add for my Chase card! I've had it enrolled for a year and a half, but never had a single AU - which is a shame, because it's got a $30k limit and is 14 years old. Anyone have any experience with how these post? I wonder if that has anything to do with the other issuers being pulled for the time being...

They post just fine.  IIRC they're a call in.

If new company is pulling cards from a bunch of other issuers, it would make sense that the remaining cards for sale would get more orders.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 03, 2018, 11:34:39 AM
Holy crap, I just got an add for my Chase card! I've had it enrolled for a year and a half, but never had a single AU - which is a shame, because it's got a $30k limit and is 14 years old. Anyone have any experience with how these post? I wonder if that has anything to do with the other issuers being pulled for the time being...

Interesting! Was the same person added to one of your other cards? They said that Chase had to be paired with another card. I don't know if that was in order to report correctly, in which case it should still be the case; or if it was the company's own guideline to keep Chase from being suspicious.  In that case, they may have loosened their own guidelines in order to have cards they can offer (Chase) while having to rest so many other card brands.

There was no mention of Chase in the email.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 03, 2018, 11:46:36 AM
FYI, Barclays AU limit (if it exists) must be more than 36 AU's.  I had asked earlier in the thread and others mentioned or asked as well.  If I hit a limit, I will post again.

Happy 4th, yall!  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EscapeVelocity2020 on July 03, 2018, 04:19:45 PM
Just PM me (http://forum.mrmoneymustache.com/pm/?sa=send;u=25) if you want a referral/more info/have questions.

While I am coincidentally traveling today (in an airport lounge at the moment), I respond to all PMs within 24 hours, and typically much shorter. Please don't clutter the thread with "PM me referral please!" :)

They allow chatbots in the lounges now?

@dragoncar Nicely done...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hay_otsuka on July 03, 2018, 06:35:28 PM
FYI, Barclays AU limit (if it exists) must be more than 36 AU's.  I had asked earlier in the thread and others mentioned or asked as well.  If I hit a limit, I will post again.

Happy 4th, yall!  :)
Closer to 50 ime

Sent from my Redmi 5 Plus using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on July 03, 2018, 11:14:54 PM
Can the miles earned with the Barclays Aviator card (they have a 50,000 bonus going now with the $95 annual fee) be merged with miles from an AAdvantage card
I already have an aAdvantage card with 100,000s of miles and would be interested in being able to pool them.

What do you mean by AAdvantage card? Are you referring to the Citi AAdvantage card? The Barclays Aviator card is also an AAdvantage card.

If so, Assuming you're providing both Barclays and Citi with the same AAdvantage number with your application, all your points/miles earned will be posted to your American Airlines AAdvantage account. No need to do anything extra to pool or combine them.

Yes my other one is an citi AAdvantage
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BritannicaMM on July 04, 2018, 10:45:58 PM
I just wanted to say that it's taken me several days but I've finally read through this ENTIRE thread. :) Fascinating stuff. I'm usually more of a lurker than a poster but I want to thank you all the info you provide. I'll have to season some cards but I may have a few to throw into the system...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EscapeVelocity2020 on July 05, 2018, 01:43:22 AM
I just wanted to say that it's taken me several days but I've finally read through this ENTIRE thread. :) Fascinating stuff. I'm usually more of a lurker than a poster but I want to thank you all the info you provide. I'll have to season some cards but I may have a few to throw into the system...

Just interested - for someone like you new to Tradelines and reading about all the cards shut down and possibly increasing risk, how do you come to the conclusion that it is worth the (steadily declining) income?  Also, as a disclaimer, I don't see this living up to the headline '20 - 40k/yr side gig', even in its heyday.  Maybe a 2 - 4k side hustle or a 40 - 200k full on business opportunity, from what I have been reading, personally.  But owning a Tradeline business might eventually expose you to fraudulent activity against the interest of some very deep pockets, not to mention that you could be facilitating some criminal activity you would probably not want to be associated with...

I dunno, my personal jury is still out on this, otherwise I would have recommended it to folks that I know need the extra money and have the credit history to offer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 05, 2018, 01:44:31 AM
In the last 30 days I’ve sold and added 26 of my lines for a total of $3,100.

Not too bad considering I only heard of selling tradelines 35 days ago

And a majority of those lines have already confirmed as posting on the buyer’s report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 05, 2018, 01:51:12 AM
I just wanted to say that it's taken me several days but I've finally read through this ENTIRE thread. :) Fascinating stuff. I'm usually more of a lurker than a poster but I want to thank you all the info you provide. I'll have to season some cards but I may have a few to throw into the system...

Just interested - for someone like you new to Tradelines and reading about all the cards shut down and possibly increasing risk, how do you come to the conclusion that it is worth the (steadily declining) income?  Also, as a disclaimer, I don't see this living up to the headline '20 - 40k/yr side gig', even in its heyday.  Maybe a 2 - 4k side hustle or a 40 - 200k full on business opportunity, from what I have been reading, personally.  But owning a Tradeline business might eventually expose you to fraudulent activity against the interest of some very deep pockets, not to mention that you could be facilitating some criminal activity you would probably not want to be associated with...

I dunno, my personal jury is still out on this, otherwise I would have recommended it to folks that I know need the extra money and have the credit history to offer.

I had this same concern and that is why I did my homework as to how these identities are verified. You do not want to add your tradelines to synthetic identities or cpns. Do your homework on how your company is verifying this.

I also found after digging into my mother’s finances she has been being robbed by banks for centuries with ridiculous interest rates. So first I fixed her finances up. But the amount of people out there needing help with their finances in this is sky high - and most don’t even know it. It funnels enormous amounts to some big wig banker which I don’t care to support. So if I can help someone get their feet back up in the credit world I am ok with that. As long as my credit tradeline vendor is doing their process to verify these are real people then I am all good. I will not stand to be added to fraudulent identities to Eli reinforce a synthetic identity which also leads to more shit downs. This area is where I did my own homework the most.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EscapeVelocity2020 on July 05, 2018, 01:59:34 AM
I had this same concern and that is why I did my homework as to how these identities are verified. You do not want to add your tradelines to synthetic identities or cpns. Do your homework on how your company is verifying this.

I also found after digging into my mother’s finances she has been being robbed by banks for centuries with ridiculous interest rates. So first I fixed her finances up. But the amount of people out there needing help with their finances in this is sky high - and most don’t even know it. It funnels enormous amounts to some big wig banker which I don’t care to support. So if I can help someone get their feet back up in the credit world I am ok with that. As long as my credit tradeline vendor is doing their process to verify these are real people then I am all good. I will not stand to be added to fraudulent identities to Eli reinforce a synthetic identity which also leads to more shit downs. This area is where I did my own homework the most.

Wow Orin, that was a quick response!  Glad to hear of your (low posting) success in the past that you just now want to share.  I'm keeping an open mind, but that certainly didn't win me over without reservation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BritannicaMM on July 05, 2018, 07:46:14 AM
Oh, I have concerns of course. Mostly I just wanted to say that I appreciate everyone's knowledge. I'm not even sure it'll be worth the risk after I do my own research. I guess my prevailing thought is, while the heyday of this activity is probably over, my credit cards are just sitting there. I mostly use one card to pay all my bills (within my means) and then pay it off every month in full. It earns some cashback and keeps me from using my bank account directly. I've thought about canceling them all since I have no desire to live off of credit but that seemed short-sighted and it's ingrained in me to keep a good credit score as well as worry about the "just in case." I won't die if they close and I'm not expecting to farm them all out and make 20K. Just another small sideline is just that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 05, 2018, 08:59:57 AM
I just wanted to say that it's taken me several days but I've finally read through this ENTIRE thread. :) Fascinating stuff. I'm usually more of a lurker than a poster but I want to thank you all the info you provide. I'll have to season some cards but I may have a few to throw into the system...

Just interested - for someone like you new to Tradelines and reading about all the cards shut down and possibly increasing risk, how do you come to the conclusion that it is worth the (steadily declining) income?  Also, as a disclaimer, I don't see this living up to the headline '20 - 40k/yr side gig', even in its heyday.  Maybe a 2 - 4k side hustle or a 40 - 200k full on business opportunity, from what I have been reading, personally.  But owning a Tradeline business might eventually expose you to fraudulent activity against the interest of some very deep pockets, not to mention that you could be facilitating some criminal activity you would probably not want to be associated with...

I dunno, my personal jury is still out on this, otherwise I would have recommended it to folks that I know need the extra money and have the credit history to offer.

Yeah, I'd say most people are making in that 2-4k range now that the card companies are pretty saturated with cards so you may not max out all your spots every month.  There are at least a few people who are making in the low 5 figures though, people with a bunch of cards and

I wrote a post a few weeks ago (probably a few pages back?) about realistic expectations on income currently.

The $/hour remains the same as in the post title, because no extra effort is needed. So a few thousand dollar side gig for very little effort isn't bad.

Also, if you're seeing less sales, so you're only making a few hundred, that likely proportionally reduces your risk of card shut down. Not totally, as there are definite sweeps and someone with a small number of sales can still get shut down, but someone with a ton of sales is more likely to get shut down. So yes, less money than when it was unknown, but less risk of shutdown as well.

Everyone will make their own decisions. I respect those that don't want to sell tradelines for whatever reason (risk/reward, ethics, whatever). I think it's still worth it, personally, as the easiest side-gig I've ever heard of. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 05, 2018, 09:50:43 AM
I personally say 2-4K is low if you don’t mind a more aggressive view toward all of this.

The most aggressive view is selling your own tradelines directly to people. Drawback is more risk and ultimately if you want to effectively counter that you need to fully incorporate and invest in proper data safety and identity verification protocols. I personally started selling directly and sold 16 lines in the last thirty days. Most of these were people just trying to buy one line and after it worked they were thrilled and resigned for an additional line. In doing this I did detect at least one person I suspected to be giving me a synthetic identity and I refunded him. Another person was openly trying to get me to add a cpn and I kept saying no.

Personally with this avenue - self selling lines - I cut off promoting this way as I do not want to go through all the necessary steps of incorporating and data safety and signing up to fill identity verification portals. But I now have more requests than I can fill from people who bought one line and it worked and now want more, and also these people who told their friends about me. I also treat each one very well, giving them basic advice most of us know about in regards to credit cards, how to build credit, and how to remove negative marks on credit.

I also signed my cards up with two vendors. One vendor would not take a certain brand of card but a different vendor would take another one as they figured out how to make it post.

With these two vendors, in the last thirty days one of them gave me four sales and another gave me seven sales. The one that gave me seven sales I actually had to refuse the last offer as it was pushing one of my cards past what I considered a comfortable line of AU lines. I’ll also be honest that I did double list one brand of card with both vendors but did it to the limit I considered acceptable - offered one AU slot with one vendor and two AU slots with the other.

Anyways I believe this area of the world - credit repair and tradelines - is saturated in potential. There are so many people that pay hundreds of thousands of dollars of extra interest over their life time due to poor credit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on July 05, 2018, 10:05:49 AM
I personally say 2-4K is low if you don’t mind a more aggressive view toward all of this.

The most aggressive view is selling your own tradelines directly to people. Drawback is more risk and ultimately if you want to effectively counter that you need to fully incorporate and invest in proper data safety and identity verification protocols. I personally started selling directly and sold 16 lines in the last thirty days. Most of these were people just trying to buy one line and after it worked they were thrilled and resigned for an additional line. In doing this I did detect at least one person I suspected to be giving me a synthetic identity and I refunded him. Another person was openly trying to get me to add a cpn and I kept saying no.

Personally with this avenue - self selling lines - I cut off promoting this way as I do not want to go through all the necessary steps of incorporating and data safety and signing up to fill identity verification portals. But I now have more requests than I can fill from people who bought one line and it worked and now want more, and also these people who told their friends about me. I also treat each one very well, giving them basic advice most of us know about in regards to credit cards, how to build credit, and how to remove negative marks on credit.

I also signed my cards up with two vendors. One vendor would not take a certain brand of card but a different vendor would take another one as they figured out how to make it post.

With these two vendors, in the last thirty days one of them gave me four sales and another gave me seven sales. The one that gave me seven sales I actually had to refuse the last offer as it was pushing one of my cards past what I considered a comfortable line of AU lines. I’ll also be honest that I did double list one brand of card with both vendors but did it to the limit I considered acceptable - offered one AU slot with one vendor and two AU slots with the other.

Anyways I believe this area of the world - credit repair and tradelines - is saturated in potential. There are so many people that pay hundreds of thousands of dollars of extra interest over their life time due to poor credit.

Geez, how many open credit card lines did you just have laying around when you started this just 30 days ago?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 05, 2018, 10:28:56 AM
I personally say 2-4K is low if you don’t mind a more aggressive view toward all of this.

The most aggressive view is selling your own tradelines directly to people. Drawback is more risk and ultimately if you want to effectively counter that you need to fully incorporate and invest in proper data safety and identity verification protocols. I personally started selling directly and sold 16 lines in the last thirty days. Most of these were people just trying to buy one line and after it worked they were thrilled and resigned for an additional line. In doing this I did detect at least one person I suspected to be giving me a synthetic identity and I refunded him. Another person was openly trying to get me to add a cpn and I kept saying no.

Personally with this avenue - self selling lines - I cut off promoting this way as I do not want to go through all the necessary steps of incorporating and data safety and signing up to fill identity verification portals. But I now have more requests than I can fill from people who bought one line and it worked and now want more, and also these people who told their friends about me. I also treat each one very well, giving them basic advice most of us know about in regards to credit cards, how to build credit, and how to remove negative marks on credit.

I also signed my cards up with two vendors. One vendor would not take a certain brand of card but a different vendor would take another one as they figured out how to make it post.

With these two vendors, in the last thirty days one of them gave me four sales and another gave me seven sales. The one that gave me seven sales I actually had to refuse the last offer as it was pushing one of my cards past what I considered a comfortable line of AU lines. I’ll also be honest that I did double list one brand of card with both vendors but did it to the limit I considered acceptable - offered one AU slot with one vendor and two AU slots with the other.

Anyways I believe this area of the world - credit repair and tradelines - is saturated in potential. There are so many people that pay hundreds of thousands of dollars of extra interest over their life time due to poor credit.

Geez, how many open credit card lines did you just have laying around when you started this just 30 days ago?

Nine cards that had no balances. Eight of those were over two years old.

I have three cards on top of those nine, but they are maxed out with 12-15 month 0% interest balance transfers that had a 0% balance transfer fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Roots&Wings on July 05, 2018, 10:54:57 AM
I personally say 2-4K is low if you don’t mind a more aggressive view toward all of this.

The most aggressive view is selling your own tradelines directly to people. Drawback is more risk and ultimately if you want to effectively counter that you need to fully incorporate and invest in proper data safety and identity verification protocols. I personally started selling directly and sold 16 lines in the last thirty days. Most of these were people just trying to buy one line and after it worked they were thrilled and resigned for an additional line. In doing this I did detect at least one person I suspected to be giving me a synthetic identity and I refunded him. Another person was openly trying to get me to add a cpn and I kept saying no.

Personally with this avenue - self selling lines - I cut off promoting this way as I do not want to go through all the necessary steps of incorporating and data safety and signing up to fill identity verification portals. But I now have more requests than I can fill from people who bought one line and it worked and now want more, and also these people who told their friends about me. I also treat each one very well, giving them basic advice most of us know about in regards to credit cards, how to build credit, and how to remove negative marks on credit.

I also signed my cards up with two vendors. One vendor would not take a certain brand of card but a different vendor would take another one as they figured out how to make it post.

With these two vendors, in the last thirty days one of them gave me four sales and another gave me seven sales. The one that gave me seven sales I actually had to refuse the last offer as it was pushing one of my cards past what I considered a comfortable line of AU lines. I’ll also be honest that I did double list one brand of card with both vendors but did it to the limit I considered acceptable - offered one AU slot with one vendor and two AU slots with the other.

Anyways I believe this area of the world - credit repair and tradelines - is saturated in potential. There are so many people that pay hundreds of thousands of dollars of extra interest over their life time due to poor credit.

How are you self selling and verifying data?

I declined my 1 sale in the past 1.5 months (5 cards listed all over 2 years) because when I googled the guy, there was criminal record, active lawsuits, liens, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 05, 2018, 11:33:55 AM
I personally say 2-4K is low if you don’t mind a more aggressive view toward all of this.

The most aggressive view is selling your own tradelines directly to people. Drawback is more risk and ultimately if you want to effectively counter that you need to fully incorporate and invest in proper data safety and identity verification protocols. I personally started selling directly and sold 16 lines in the last thirty days. Most of these were people just trying to buy one line and after it worked they were thrilled and resigned for an additional line. In doing this I did detect at least one person I suspected to be giving me a synthetic identity and I refunded him. Another person was openly trying to get me to add a cpn and I kept saying no.

Personally with this avenue - self selling lines - I cut off promoting this way as I do not want to go through all the necessary steps of incorporating and data safety and signing up to fill identity verification portals. But I now have more requests than I can fill from people who bought one line and it worked and now want more, and also these people who told their friends about me. I also treat each one very well, giving them basic advice most of us know about in regards to credit cards, how to build credit, and how to remove negative marks on credit.

I also signed my cards up with two vendors. One vendor would not take a certain brand of card but a different vendor would take another one as they figured out how to make it post.

With these two vendors, in the last thirty days one of them gave me four sales and another gave me seven sales. The one that gave me seven sales I actually had to refuse the last offer as it was pushing one of my cards past what I considered a comfortable line of AU lines. I’ll also be honest that I did double list one brand of card with both vendors but did it to the limit I considered acceptable - offered one AU slot with one vendor and two AU slots with the other.

Anyways I believe this area of the world - credit repair and tradelines - is saturated in potential. There are so many people that pay hundreds of thousands of dollars of extra interest over their life time due to poor credit.

How are you self selling and verifying data?

I declined my 1 sale in the past 1.5 months (5 cards listed all over 2 years) because when I googled the guy, there was criminal record, active lawsuits, liens, etc.

I stopped self selling because I did not feel comfortable with it as in order to do full identity checks you have to be incorporated to sign up for the companies that do ID verify for you. They will not deal with you just as a regular person. An alternative would be to get a line into a PI who does it for you.

But what I did to at least calm my nerves when I was self selling is I openly stated I would not take cpns. And if someone tried they would not be refunded. Of course I still did refund the one person who I suspected was trying to palm one off on me. But just saying there would be no refund probably deterred people. I also said I wanted their credit karma login data. I would look around on that to see indicators of it being a synthetic person. Also credit karma to some degree does ID checks or questions before you can register with them. It is not as tight as I like it though so I am not happy with just that.

I would also “start the AU add process” but not really and say the bank was asking for a copy of Drivers lisence. I might also ask for copy of social security card and proof of address like a bank statement or utility bill. I would basically ask for the same things a bank would ask for. Like I said the one person I suspected of being a fake said “oh you are asking for too much give me a refund” which I was happy to do.

And one bank actually did ask for the ID documents and I had them and they were happy with them.

There was actually much more homework I did on this subject then the above. You can also find out for free if a social security number was actually issued by social security department and f the social security department has records (up to 2014) of that person being dead or not. That is a free search anyone can do.

In the end I checked out of self selling as I cannot do full ID verif without being a full incorporated business with places like Lexis Nexis or Equifax identity verifications. Or working hand in hand with a lisenced PI. I could have gone full corporate and cashed in but for personal reasons I left it alone and am working with two vendors. Maybe later I will go back to self selling but not for now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 05, 2018, 12:01:57 PM
I just wanted to say that it's taken me several days but I've finally read through this ENTIRE thread. :) Fascinating stuff. I'm usually more of a lurker than a poster but I want to thank you all the info you provide. I'll have to season some cards but I may have a few to throw into the system...

Just interested - for someone like you new to Tradelines and reading about all the cards shut down and possibly increasing risk, how do you come to the conclusion that it is worth the (steadily declining) income?  Also, as a disclaimer, I don't see this living up to the headline '20 - 40k/yr side gig', even in its heyday.  Maybe a 2 - 4k side hustle or a 40 - 200k full on business opportunity, from what I have been reading, personally.  But owning a Tradeline business might eventually expose you to fraudulent activity against the interest of some very deep pockets, not to mention that you could be facilitating some criminal activity you would probably not want to be associated with...

I dunno, my personal jury is still out on this, otherwise I would have recommended it to folks that I know need the extra money and have the credit history to offer.

Yeah, I'd say most people are making in that 2-4k range now that the card companies are pretty saturated with cards so you may not max out all your spots every month.  There are at least a few people who are making in the low 5 figures though, people with a bunch of cards and

I wrote a post a few weeks ago (probably a few pages back?) about realistic expectations on income currently.

The $/hour remains the same as in the post title, because no extra effort is needed. So a few thousand dollar side gig for very little effort isn't bad.

Also, if you're seeing less sales, so you're only making a few hundred, that likely proportionally reduces your risk of card shut down. Not totally, as there are definite sweeps and someone with a small number of sales can still get shut down, but someone with a ton of sales is more likely to get shut down. So yes, less money than when it was unknown, but less risk of shutdown as well.

Everyone will make their own decisions. I respect those that don't want to sell tradelines for whatever reason (risk/reward, ethics, whatever). I think it's still worth it, personally, as the easiest side-gig I've ever heard of. :)

I'll second this. We have 3 cards (2 are really old) and are making between 1-2K per year. Not near what others with many more cards are making but we are perfectly fine and happy with this. The alternative is nothing. Just one of my many side gigs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 05, 2018, 10:29:19 PM
I don’t know if anyone else has encountered this problem, but Citi specifically sends AU cards to your address but the envelope has their name on it.

I filed a complaint with citi on this so we will see if that changes. It confuses the person handling my mail and I have also noticed people with traveling virtual mail boxes get issues with this being rejected.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 06, 2018, 05:33:02 AM
My mail carrier has stopped caring - as long as the address is right, he'll deliver it. I still get the occasional of junk mail for someone that lived here 5-10 years ago!

I made $2525 last year with the "new" company, but largely due to one card ($1800). That card was transitioned from a Citi card to an AmEx, rendering it useless for tradelines, however I have several other cards that were seasoned since then to help make up the difference. This year to date I'm at $1950 with a total of 5 cards - 3 with the "old" company, 2 with the "new" company - so definitely seeing an uptick in activity this year. Still, will likely be in the $2k-$4k range for the foreseeable future - which I'm totally fine with!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 06, 2018, 10:58:34 AM
I really don’t think most carriers care about the names in mail, unless it’s clearly for your neighbor.  How nosy is it to monitor who lives at a house?  There are no regulations or laws limiting who can receive mail at your address

I consider this a USPS issue, not Citibank.  It’s both common and reasonable for banks to put the name of the AU on the envelope
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrontRanger on July 06, 2018, 11:57:55 AM
Is it just me, or is Barclays getting more stringent. Was told you have to fax or mail in a valid driver's license, ID, SSN card etc for them to add a SSN to an AU. You can't do it just by calling alone. Is this new? I thought they asked for SSN when you added an AU online and didn't have to call or send anything in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 06, 2018, 02:57:11 PM
Is it just me, or is Barclays getting more stringent. Was told you have to fax or mail in a valid driver's license, ID, SSN card etc for them to add a SSN to an AU. You can't do it just by calling alone. Is this new? I thought they asked for SSN when you added an AU online and didn't have to call or send anything in.

I had a Barclay ad last week and only had to call to attach the SS#.  I think this was my first AU with them, though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrontRanger on July 06, 2018, 03:14:43 PM
Is it just me, or is Barclays getting more stringent. Was told you have to fax or mail in a valid driver's license, ID, SSN card etc for them to add a SSN to an AU. You can't do it just by calling alone. Is this new? I thought they asked for SSN when you added an AU online and didn't have to call or send anything in.

I had a Barclay ad last week and only had to call to attach the SS#.  I think this was my first AU with them, though.

I just called again and another CSR said it is a new process. Must send in a copy of the SS card and a valid form of ID (e.g. driver's license). They seem to be way more strict now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 06, 2018, 04:37:34 PM
YMMV but I don't add SSN for barclays.  No issues with many adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on July 08, 2018, 12:00:10 AM
YMMV but I don't add SSN for barclays.  No issues with many adds.

uuuummmm, pretty sure both tradeline companies demand that you add SSN, sounds like breach of contract to me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 08, 2018, 05:32:13 AM
YMMV but I don't add SSN for barclays.  No issues with many adds.

Hmmm, how would it post on said AU's credit report without a valid SS?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 08, 2018, 06:59:35 AM
The Barclay's online form doesn't let you put in a SSN. They recommend you call and add it, but I've never had an issue with one posting without.

It uses the other info: The person's name, DOB, and address. (Other cc companies won't let you put an address, but do allow a SSN.) Given enough data, they match it to the right person.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 08, 2018, 12:57:09 PM
In general I've been doing this for about a year and a half, with a number of cards and quite a number of AU's.

My data points suggest it's drying up for me:

1.  Barclays put a security fraud alert and locked me out of my accounts.  New Company thinks that Barclay's is concerned about the most recent AU I added - like the person has shown up on a "bad list" of some kind.  At this point based on recommendation of New Company, I am not adding any more AU's (I can't anyway, Barclays won't let me), and just waiting until the two AU's I have with that card age off.  Then I can probably call and get the security fraud alert removed.

2.  USBank has sent me two "knock it off or we'll close your accounts" letters on two different cards I have with them that I've added AU's on in the past.  At this point my plan is to add one more AU each and then permanently rest these cards with New Company.

3.  USAA just put a security lock on my account and called me this morning.  They said "knock it off and don't do it again or we'll close our business with you."  Since I have my auto insurance, homeowner's insurance, main checking account, and a credit card with them, it's not worth the continued risk.  So I promised them I'd stop, and just sent Old Company a "please rest my card permanently".

I'm all for going after loopholes and things like this, and I don't have an issue with any of them.  I will also compliment @arebelspy for being up front about these possibilities and always saying that it is up to each person's comfort level.  But dealing with these security holes is extra time and effort, and for some reason I don't have the oomph to try to dance my way around them.  I'll probably continue with the other cards and companies until they also tell me to stop, and I may add fresh cards that aren't with USAA, but I guess a security hold and dealing with it are where my personal limit is.

Because I think it's worthwhile, if anyone wants any data points on any of the above, I'll be happy to answer questions.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 08, 2018, 03:15:46 PM
In general I've been doing this for about a year and a half, with a number of cards and quite a number of AU's.

My data points suggest it's drying up for me:

1.  Barclays put a security fraud alert and locked me out of my accounts.  New Company thinks that Barclay's is concerned about the most recent AU I added - like the person has shown up on a "bad list" of some kind.  At this point based on recommendation of New Company, I am not adding any more AU's (I can't anyway, Barclays won't let me), and just waiting until the two AU's I have with that card age off.  Then I can probably call and get the security fraud alert removed.

2.  USBank has sent me two "knock it off or we'll close your accounts" letters on two different cards I have with them that I've added AU's on in the past.  At this point my plan is to add one more AU each and then permanently rest these cards with New Company.

3.  USAA just put a security lock on my account and called me this morning.  They said "knock it off and don't do it again or we'll close our business with you."  Since I have my auto insurance, homeowner's insurance, main checking account, and a credit card with them, it's not worth the continued risk.  So I promised them I'd stop, and just sent Old Company a "please rest my card permanently".

I'm all for going after loopholes and things like this, and I don't have an issue with any of them.  I will also compliment @arebelspy for being up front about these possibilities and always saying that it is up to each person's comfort level.  But dealing with these security holes is extra time and effort, and for some reason I don't have the oomph to try to dance my way around them.  I'll probably continue with the other cards and companies until they also tell me to stop, and I may add fresh cards that aren't with USAA, but I guess a security hold and dealing with it are where my personal limit is.

Because I think it's worthwhile, if anyone wants any data points on any of the above, I'll be happy to answer questions.

How much have you made in the last yr and a half on all tradelines?

How many lines were you recently adding/removing per what time frame on the cards with recent security locks?

What other cards are you adding AU lines to with no complaints from bank? And how many lines per unit of time are you doing with them?

What explanation does new card company have for not vetting the “bad name” before giving it to you considering that is why we go through the middle man?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 08, 2018, 08:47:39 PM
<snip>

How much have you made in the last yr and a half on all tradelines?

How many lines were you recently adding/removing per what time frame on the cards with recent security locks?

What other cards are you adding AU lines to with no complaints from bank? And how many lines per unit of time are you doing with them?

What explanation does new card company have for not vetting the “bad name” before giving it to you considering that is why we go through the middle man?

I'd rather not answer the first question, as I don't see it's relevancy and it is my policy to not discuss income or assets.

For the second question, you'd need to define recently.  I'll use the last six months as an arbitrary measure.  On Barclays, I had two AU's.  On USBank, I had two adds on one of the cards and zero adds on the other.  On USAA, I had two AU's; one successful and one not.

For the third question, I have a Chase card and a BofA card that have had a few adds each with no issues.

For the fourth question, the New Company did not provide an explanation and I did not ask for one.  I assume that the credit card companies have more thorough fraud protection than New Company due to the relative sizes of the two businesses.  I expect the company to do good but not necessarily perfect vetting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 09, 2018, 12:45:24 AM
<snip>

How much have you made in the last yr and a half on all tradelines?

How many lines were you recently adding/removing per what time frame on the cards with recent security locks?

What other cards are you adding AU lines to with no complaints from bank? And how many lines per unit of time are you doing with them?

What explanation does new card company have for not vetting the “bad name” before giving it to you considering that is why we go through the middle man?

I'd rather not answer the first question, as I don't see it's relevancy and it is my policy to not discuss income or assets.

For the second question, you'd need to define recently.  I'll use the last six months as an arbitrary measure.  On Barclays, I had two AU's.  On USBank, I had two adds on one of the cards and zero adds on the other.  On USAA, I had two AU's; one successful and one not.

For the third question, I have a Chase card and a BofA card that have had a few adds each with no issues.

For the fourth question, the New Company did not provide an explanation and I did not ask for one.  I assume that the credit card companies have more thorough fraud protection than New Company due to the relative sizes of the two businesses.  I expect the company to do good but not necessarily perfect vetting.

I guess I have a hard time understanding why two AU lines on a card in six months time would cause them to say that. Nothing out of the ordinary for anyone to do that.

The only reason I asked about sum made is it would be comparative to the risk and hassle of dealing with a temporary lock on the account and a couple phone calls to handle that.

At the same time I understand what you are saying about your main bank. I would back off if my main bank started barking, as due to the long history with them they are very easy to work with.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 09, 2018, 06:38:42 AM
In general I've been doing this for about a year and a half, with a number of cards and quite a number of AU's.

My data points suggest it's drying up for me:

1.  Barclays put a security fraud alert and locked me out of my accounts.  New Company thinks that Barclay's is concerned about the most recent AU I added - like the person has shown up on a "bad list" of some kind.  At this point based on recommendation of New Company, I am not adding any more AU's (I can't anyway, Barclays won't let me), and just waiting until the two AU's I have with that card age off.  Then I can probably call and get the security fraud alert removed.

2.  USBank has sent me two "knock it off or we'll close your accounts" letters on two different cards I have with them that I've added AU's on in the past.  At this point my plan is to add one more AU each and then permanently rest these cards with New Company.

3.  USAA just put a security lock on my account and called me this morning.  They said "knock it off and don't do it again or we'll close our business with you."  Since I have my auto insurance, homeowner's insurance, main checking account, and a credit card with them, it's not worth the continued risk.  So I promised them I'd stop, and just sent Old Company a "please rest my card permanently".

I'm all for going after loopholes and things like this, and I don't have an issue with any of them.  I will also compliment @arebelspy for being up front about these possibilities and always saying that it is up to each person's comfort level.  But dealing with these security holes is extra time and effort, and for some reason I don't have the oomph to try to dance my way around them.  I'll probably continue with the other cards and companies until they also tell me to stop, and I may add fresh cards that aren't with USAA, but I guess a security hold and dealing with it are where my personal limit is.

Because I think it's worthwhile, if anyone wants any data points on any of the above, I'll be happy to answer questions.

That sucks! Sorry to hear. I got so few adds with the new company on my USAA card that I don't think it ever registered. I switched my card over to old company and have had no issues. I think between their vetting process and their fairly strict rules about how many adds over a certain period of time have reduced my worries of getting shut down.

I do agree though, I think it's drying up a bit. Probably only a matter of time before this ends up not netting much money for all.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 09, 2018, 07:40:14 AM
Thanks for the data/report, 2ndCor!

Seems like there's two ways to go:
1) Run cards until the issuers get mad, then stop.
2) Run them until they get cancelled, being willing to burn them out to eke out an extra few sales.

Option one seems like the route you're taking, and it seems prudent--make some money off the cards, then stop sales on them and keep the cards. Win-win (even if a shame you can't keep selling indefinitely).

If you literally don't care about the card at all, and would be cancelling it anyways, option two makes sense. (E.g. I have a few Barclay's I got for the miles and would have cancelled for the $89 annual fee, but I sell lines on them and have kept them open. I would cancel, and would be fine if they closed them for me, not worried about the tiny credit ding.)

Even if each card is only good for a few hundred/few thousand in tradeline sales before stopping, better than nothing if they're just sitting in a drawer, especially if you have quite a few in that position.

Would you say what you did with tradeline sales to this point was worth it overall?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 09, 2018, 08:28:11 AM
Thanks for the data/report, 2ndCor!

Seems like there's two ways to go:
1) Run cards until the issuers get mad, then stop.
2) Run them until they get cancelled, being willing to burn them out to eke out an extra few sales.

Option one seems like the route you're taking, and it seems prudent--make some money off the cards, then stop sales on them and keep the cards. Win-win (even if a shame you can't keep selling indefinitely).

If you literally don't care about the card at all, and would be cancelling it anyways, option two makes sense. (E.g. I have a few Barclay's I got for the miles and would have cancelled for the $89 annual fee, but I sell lines on them and have kept them open. I would cancel, and would be fine if they closed them for me, not worried about the tiny credit ding.)

Even if each card is only good for a few hundred/few thousand in tradeline sales before stopping, better than nothing if they're just sitting in a drawer, especially if you have quite a few in that position.

Would you say what you did with tradeline sales to this point was worth it overall?

Yes, I would definitely say so.  Tradeline sales represent about a 50 basis point reduction in my portfolio withdrawal rate (so from a 3% to a 2.5% WR, for example) over the past year and a half.  While not strictly necessary in my case mathematically, as a new FIREee in February 2016, the extra income has helped ease me into FIRE.

Option two makes sense except for the potential of ending up on an issuer black list permanently.  I know from other bank games in the past that these exist and are used by the banks.  What I do not know is the chance that piggybacking would result in ending up on one of these lists.  Ending up on an issuer black list isn't really even a problem; it's the loss of being able to get new cards with sign-on bonuses that might represent an economic loss.  So if piggybacking a Barclay's card, as in your example, gains you $500 in sales but ends you up on a black list with Barclay's and you can't get the new Barclay's Aviator Card and lose out on a $500 bonus after $3000 in spend, you may just be treading water.  The variables here are that $3000 in spend may be harder than adding a couple of AU's, but it's also non-taxable income as a bonus instead of AU sales.

I used to worry about the credit ding, but in the option two scenario I believe it would be marked "Closed by credit grantor", and there are a number of innocuous reasons for an account to be marked that way, and I doubt they would add commentary to your credit file to assert you were a piggybacker.  And even if they did, I don't think other credit grantors would read it.

Another factor in my situation is that with my financial situation getting more secure and me getting more comfortable, I just really don't need the income and the hassle, even though as a gig overall it's obviously an excellent one.  Call me spoiled rotten lazy, I guess.

I did not mention yet that I have other USBank cards that are aging, so after I add the one additional AU on each of the "in danger" cards, I'll transfer most of the CL from them to the aging cards and should therefore have some young cards with juicy limits that may get additional AU sales.  This is a strategy that might work in general - burn and churn older cards down to newer ones over time.

@MasterStache, my USAA card was with Old Company at the time that I got the warning call from USAA, and most of the AU sales on it were with Old Company.

@Orin! and in general, I think the real issue is not the rate of AUs, it's the total AUs added to the card over the card's lifetime.  As an example, my USAA card had a total of 13 AU's on it in the past ~18 months...definitely not typical usage.  If I were the CC companies and I wanted to catch piggybackers, that's how I'd write the query - give me all the cards who have had more than, say, 5 or 10 unique AUs added over their lifetime.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 09, 2018, 10:43:45 AM
@MasterStache, my USAA card was with Old Company at the time that I got the warning call from USAA, and most of the AU sales on it were with Old Company.

Gotchya! I assumed you were referring to the new company, my bad. I only just signed up with the old company roughly 3 months ago but am seeing regular sales. I may just rest the card for a bit after a while. Thanks for the DP.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 09, 2018, 05:56:01 PM
I just added an AU on my Chase card. It wasn't paired with another card, so I assume the New Company no longer requires a user to purchase two lines when one is Chase.

Also, my Capital One shows a pending add even though the July 2nd email had said they were resting CapOne until internal audits are over. Maybe the internal audits have ended?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrontRanger on July 10, 2018, 06:31:37 AM
The Barclay's online form doesn't let you put in a SSN. They recommend you call and add it, but I've never had an issue with one posting without.

It uses the other info: The person's name, DOB, and address. (Other cc companies won't let you put an address, but do allow a SSN.) Given enough data, they match it to the right person.

Good to know Arlesby. I will just continue to add online and not call. So much easier!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on July 10, 2018, 03:51:32 PM
I added Joe Schmoe on my Citi card as an AU a couple months ago. Yesterday I got snail mail from Chase noting they were closing Joe Schmoe's account due to potential fraud. Any ideas on how this can happen?  The last four numbers of the Chase account for Joe Schmoe were not any of mine but it was sent to my address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 10, 2018, 05:09:15 PM
I added Joe Schmoe on my Citi card as an AU a couple months ago. Yesterday I got snail mail from Chase noting they were closing Joe Schmoe's account due to potential fraud. Any ideas on how this can happen?  The last four numbers of the Chase account for Joe Schmoe were not any of mine but it was sent to my address.

Your address ends up on their credit report, and potentially theirs on yours.  It's one of the dangers of this business and why you really want to make sure these people are legit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 14, 2018, 05:35:21 AM
Hmm, I am pretty sure I got rewarded with a $25 bonus (2500 points) for activating the AU card and using it for a purchase with USAA. Going to try again with a new AU card and see if it happens again. If so that is a little added bonus. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on July 16, 2018, 11:46:32 AM
Am I the only one who saw this and immediately thought “more Tradelines?”!

https://www.wsj.com/articles/barclays-mulls-u-s-push-as-activist-looms-1531738921?emailToken=219e8e6a23b234e65c47c8198d69cdbc9M9/kajpIFDcuaer08HCOUoe6XuY4jmY274whD50ooLJQnXmelSzUm5xFy7G69Dd+oBP2P6fvYt/tOjQPmJcDY0lGniWnU/7/c/O0dwOE2s%3D&reflink=article_copyURL_share
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 17, 2018, 09:27:42 AM
How quickly do you add AU?  I got an email monday evening saying I had new AU to add, but I didn't have time to log in and get the info and call yet.  I got an email from TL company today asking if they were added saying there were due by 5/21 (the night I got the notification).  Now I'm ready to add them, but the email made it sound like if they weren't added by 5/21 she had to replace them, so I don't know if I should go ahead and add them or if she's going to move them to another card.  This card has been filling up consistently and I just removed 2 AU last week, so I expect I'd get another 2 slots right away.

Do you jump on adding AU immediately? What's a reasonable time frame to get them added?  I feel like it often takes a week or so to show up after adding them anyway.

Well apparently if you don't add them by the due date you don't get paid.  So I got 6 hours notice to add them (got emails at 5:29 PM and 5:48PM on 5/21 that were apparently due to add by 5/21).  Since I added them late (48 hours after notified) I got to take all the risk of adding weird names to my card, used up my 2 slots (since it's suspicious to remove AU so quickly I've been instructed to leave them), got to sit on the phone with citi for 20 minutes, and I don't get paid.  wtf new company?

I ended up getting an email that one of these adds didn't post.  When I look at my credit portal one is listed red, the other listed green indicating that one of them posted and the other one didn't.  I don't know how that makes any sense since I added them both during the same phone call, and the phone call was definitely just after the closing date.

So now I don't know if I am getting paid for neither of these, or just one.  I got a $75 deposit to my account, but I don't know if it's for one of these, or if it's to make up for the 3 previous sales they shortchanged me $25/each on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 17, 2018, 09:40:32 AM
Just had a weird experience calling bank of america.  I am due to remove an AU so I call and ask them to remove the AU and they tell me the AU is not listed.  They check into it, and the AU was listed but was removed May 27.  wtf? I never called in to remove that AU, especially 6 weeks ahead of schedule.

I did not press them for details because I don't want to draw any more suspicion to myself, but WTF is going on with that?

EDIT: How do you see which AU are currently on your BoA account?  I have a different AU I've added that should still be on there, but I don't know how to verify that.  Hopefully they didn't just remove this AU without my request like they did the previous one.  I suppose I could call in and talk to a rep, but I'm afraid that would be suspicious and also I'd sound like an idiot for not knowing who my current AU are (even though I know who it's supposed to be).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 17, 2018, 12:08:56 PM
How do you see which AU are currently on your BoA account?  I have a different AU I've added that should still be on there, but I don't know how to verify that.  Hopefully they didn't just remove this AU without my request like they did the previous one.  I suppose I could call in and talk to a rep, but I'm afraid that would be suspicious and also I'd sound like an idiot for not knowing who my current AU are (even though I know who it's supposed to be).

Interesting! I understand your reluctance to call and ask suspicious questions. I agree that it would be better to find out another way.

I don't see a way to find out on the BofA website. (Some of the other cards have sections where we can manage our AUs, but BofA doesn't even provide good results for info in their search bar! "Authorized users" or "add user" search terms return results like "What is Twitter?" HA! Useless.)

I would send an email to the TL company and ask how an AU could have been removed.  I wouldn't think the TL company could do it, or would do it, and would find it very difficult and rare for an AU to remove himself. The TL company is a good resource for these kinds of questions.

Also, the TL company runs credit reports on the buyers (to confirm the add occurred or didn't occur) so they will know which of the AUs were on the card as of the date of their last credit reports (IF it shows on the credit report).

If you do decide to call BofA to be sure, maybe you can call and say you want to confirm that an AU is still on. If they say "No, would you like to add him back?" ask if he was able to remove himself and say you will chat with him and find out if he removed himself and get back to them.

Frankly, I wouldn't bother. I would just communicate with the TL company to get as close to the perfect answer as possible.  If the card wasn't on an AU's last credit report, it doesn't mean he's not still an AU on the card; it just didn't report correctly (yet). But if the card WAS on someone's last credit report, then you know he was an AU as of the last closing date anyway.

The rarity and difficulty of an AU removing himself wouldn't make it worth my while to investigate to the nth degree.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 17, 2018, 12:12:45 PM
How do you see which AU are currently on your BoA account?  I have a different AU I've added that should still be on there, but I don't know how to verify that.  Hopefully they didn't just remove this AU without my request like they did the previous one.  I suppose I could call in and talk to a rep, but I'm afraid that would be suspicious and also I'd sound like an idiot for not knowing who my current AU are (even though I know who it's supposed to be).

Interesting! I understand your reluctance to call and ask suspicious questions. I agree that it would be better to find out another way.

I don't see a way to find out on the BofA website. (Some of the other cards have sections where we can manage our AUs, but BofA doesn't even provide good results for info in their search bar! "Authorized users" or "add user" search terms return results like "What is Twitter?" HA! Useless.)

I would send an email to the TL company and ask how an AU could have been removed.  I wouldn't think the TL company could do it, or would do it, and would find it very difficult and rare for an AU to remove himself. The TL company is a good resource for these kinds of questions.

Also, the TL company runs credit reports on the buyers (to confirm the add occurred or didn't occur) so they will know which of the AUs were on the card as of the date of their last credit reports (IF it shows on the credit report).

If you do decide to call BofA to be sure, maybe you can call and say you want to confirm that an AU is still on. If they say "No, would you like to add him back?" ask if he was able to remove himself and say you will chat with him and find out if he removed himself and get back to them.

Frankly, I wouldn't bother. I would just communicate with the TL company to get as close to the perfect answer as possible.  If the card wasn't on an AU's last credit report, it doesn't mean he's not still an AU on the card; it just didn't report correctly (yet). But if the card WAS on someone's last credit report, then you know he was an AU as of the last closing date anyway.

There's got to be like a 99% chance that someone you added is still on. And if the TL says his credit report shows he is still on (most likely), just leave it until they instruct you to remove it.

The rarity and difficulty of an AU removing himself wouldn't make it worth my while to investigate to the nth degree.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Arbit Trage on July 17, 2018, 12:19:55 PM
Just to get an update (sorry if already covered)...okay to use Discover? Thinking about adding it with the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on July 17, 2018, 12:34:43 PM
Expect closures with Discover. 

I had one discover card closed last summer.  They will blacklist you also, because after my card was closed, I tried to apply for a new one, ~9 months afterwards.  They responded with something to the effect of "Due to your previous history, you cannot apply for more Discover cards."

My wife has a discover card that we are seasoning. Once the tradeline is old enough to sell, we plan to churn through selling as many spots as we can, before they inevitably shut down the card. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 17, 2018, 01:19:25 PM
Expect closures with Discover. 

I had one discover card closed last summer.  They will blacklist you also, because after my card was closed, I tried to apply for a new one, ~9 months afterwards.  They responded with something to the effect of "Due to your previous history, you cannot apply for more Discover cards."

My wife has a discover card that we are seasoning. Once the tradeline is old enough to sell, we plan to churn through selling as many spots as we can, before they inevitably shut down the card.

@erutio
How many slots did you sell and how fast before they closed? And did you have any ther “irregular” activity around that time that would have caused them to close? And were you running purchased through it as well?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on July 17, 2018, 04:21:50 PM
How many slots did you sell and how fast before they closed?
I sold a total of 7 spots from Jan 2017 to July 2017.  Never more than 2 at a time.  It went like Jan 2, Mar 2, May 1, Jul 2 spots. Closed in Jul 2017.

And did you have any ther “irregular” activity around that time that would have caused them to close?
No irregular activity as far as I know.  I got paid for all spots.  I just logged in one day and my Discover online account said I had $0 available credit.  Somewhere in the middle of this thread are a few posts describing from other members what happened when they tried calling the executive office.

And were you running purchased through it as well?
Yes, like $3-5 worth of amazon gc per month that where AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 17, 2018, 06:10:21 PM
Wow!

This is concerning. I believe, no one was reporting blacklisting before.


I got my BOA closed in the past, but not only BOA let me keep other BOA accounts, they also let me to open new ones later on.

probably, nobody tried before

this sounds like a case for that guy that cues credit card companies, if they're apparent reason for denying the application was "your history"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 17, 2018, 07:43:22 PM

I got my BOA closed in the past for "irregular AU activity", but not only BOA let me keep other BOA accounts, they also let me to open new ones later on.

BOA also closed my card for the same reason. Haven't tried applying for new accounts, but other accounts I have with them are still open.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 17, 2018, 07:44:16 PM
One may want to occasionally run a larger transaction than just $3-$5 through the card a month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 18, 2018, 06:23:01 AM
One may want to occasionally run a larger transaction than just $3-$5 through the card a month.

I have no proof, but just put myself in the shoes of the cc company.  If they look at your account and see that you add an AU and then charge only amazon GCs, that is sure screaming "Tradeline".  What I do is literally use the card that the AU goes on to do the next purchase I need to do.  Gas, grocery shopping, lunch out.  At least it's something different every time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on July 18, 2018, 09:55:59 AM
I have no proof, but just put myself in the shoes of the cc company.  If they look at your account and see that you add an AU and then charge only amazon GCs, that is sure screaming "Tradeline".  What I do is literally use the card that the AU goes on to do the next purchase I need to do.  Gas, grocery shopping, lunch out.  At least it's something different every time.

Yeah, I get that.
But I'm putting the small charges on my account to make sure to the tradeline reports to the credit bureaus for the new AUs, not necessarily to throw the CC companies off the scent of tradelines being sold. 
If they really wanted to shut down accounts for tradeline selling, they would look at the AU history and easily figure it out. A couple of different transactions here and there doesn't make it NOT look like you're selling tradelines.

I actually would like to do some version of what you do, but I didn't have enough monthly transactions at the right exact times to make it work.  I also don't want to carry my catalog of credit cards with me at all times.  I thought maybe I'd go to the gas station and buy a pack of gum or something, but that involves extra travel and planning, and sometimes an extra trip out the house. I guess this is one of those Mustachian people problems.  AMZ GCs were the path of least resistance, takes about 15 seconds online, and I just put my credit cards away next to my computer until next month.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 20, 2018, 12:43:53 PM
Anyone had closures on discover in the last couple months?

Maybe they finished their review?

I know they were doing all sorts of reviews 3-5 months ago. Asking for documents from various people I know that do have a discover card but never had anything to do with tradelines.

One good thing about Discover is that right after you add the AU it reports it to credit agencies. Does not wait until closing statement.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 20, 2018, 01:02:46 PM
Anyone had closures on discover in the last couple months?

Maybe they finished their review?

I know they were doing all sorts of reviews 3-5 months ago. Asking for documents from various people I know that do have a discover card but never had anything to do with tradelines.

One good thing about Discover is that right after you add the AU it reports it to credit agencies. Does not wait until closing statement.

They may have finished their review, but if they do another one in a year you are hosed.  IMO if you choose to enroll your discover card, burn it to the ground.  I’m salty that I only got two sales and lost my card (and potentially blacklisted).  I should have asked for a reduced commission or something to sell more spots if I was going to lose it anyways
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 20, 2018, 02:45:23 PM
I am hard to believe that only two AUs added would cause them to a) think you are selling tradelines, 2) cause them to close you down. I know that at that time Discover was pretty much asking everyone to send them a copy of drivers license and SS card and filled out ssa-89 (form they use to verify you as legit and not synthetic) and only gave you a 10 day time period to get this letter and send it back (clock started from when they mailed it to you, so really you only had 5 business days to handle and send back). Anyone who didn’t do that was closed down. So maybe it was that? Or you had a super sketch person added as an AU. But isn’t that was these middle men are paid to detect and handle?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 20, 2018, 03:13:22 PM
I am hard to believe that only two AUs added would cause them to a) think you are selling tradelines, 2) cause them to close you down. I know that at that time Discover was pretty much asking everyone to send them a copy of drivers license and SS card and filled out ssa-89 (form they use to verify you as legit and not synthetic) and only gave you a 10 day time period to get this letter and send it back (clock started from when they mailed it to you, so really you only had 5 business days to handle and send back). Anyone who didn’t do that was closed down. So maybe it was that? Or you had a super sketch person added as an AU. But isn’t that was these middle men are paid to detect and handle?

Both adds were successful, then a year later account closed.  I described in greater detail upthread.  Used the "new" company so maybe they did let a scammer through, but others have had similar experiences. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 21, 2018, 11:29:30 AM
Got a sale on new company with Discover.  All of the cards I use on any tradeline is one I assume will be closed, so I don't care.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 21, 2018, 11:53:17 AM
Has anybody tried to dispute account closure due to selling tradelines, particularly with BofA? Is it worth disputing?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 21, 2018, 04:45:22 PM
I don’t know what all this concern is about closed cards. Yes it is good to know which ones are touchy at what time.

I have 16 cards. 7 of them I am using for personal use. 9 of them I am using for tradelines. I made 3k in three months. All my nine cards have ~3 AU lines sold. Let’s say I continue to run ten hard and do ~3 lines every two months. Let’s say five cards get closed down in six months (that would be more than expected) then I would have made 12k by then. Let’s say I keep running my five remaining cards hard for six more months and make another 4.5 k and all those then get closed down. Ok so I walk away a year from now with 16.5k. Maybe I some of those banks I can’t reopen a card with and others I can. There are plenty of banks out there. I still have my other 7 I never sold tradelines with. Maybe I just apply for some new cards and move my business over to them and start using my previous 7 cards for tradelines and make another 14k in the next year.

I am working with a different company that is aggrsssively marketing to the people who want tradelines.It is a booming area in demand and anyone who tells you otherwise is not tracking with the benefits a regular person gets from increased credit score in the idiotic buy things now on credit world we live in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 22, 2018, 05:33:34 AM
I don’t know what all this concern is about closed cards. Yes it is good to know which ones are touchy at what time.

I have 16 cards. 7 of them I am using for personal use. 9 of them I am using for tradelines. I made 3k in three months. All my nine cards have ~3 AU lines sold. Let’s say I continue to run ten hard and do ~3 lines every two months. Let’s say five cards get closed down in six months (that would be more than expected) then I would have made 12k by then. Let’s say I keep running my five remaining cards hard for six more months and make another 4.5 k and all those then get closed down. Ok so I walk away a year from now with 16.5k. Maybe I some of those banks I can’t reopen a card with and others I can. There are plenty of banks out there. I still have my other 7 I never sold tradelines with. Maybe I just apply for some new cards and move my business over to them and start using my previous 7 cards for tradelines and make another 14k in the next year.

I am working with a different company that is aggrsssively marketing to the people who want tradelines.It is a booming area in demand and anyone who tells you otherwise is not tracking with the benefits a regular person gets from increased credit score in the idiotic buy things now on credit world we live in.

Seems pretty logical to be concerned about closed cards. Many of us, including myself, dabble in travel hacking. Card closures comes with a risk of being blacklisted as well. With many CC companies clamping down on churners, adding in being blacklisted really starts to tighten the noose as far as churning goes. Plus many of us, again myself included, don't have a shit ton of cards in the system.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 22, 2018, 07:59:38 AM
Any tips on increasing credit lines to make credit cards eligible for selling tradelines and getting paid more?

I have many cards but only 3 of them can be used for tradelines at the moment. I shifted my credit lines from other cards to those cards so other cards with the same banks have something like 1-5K credit limits. There seems to be a maximum total credit limit with issuers like Barclays and BofA because when I apply for new cards with them they no longer auto approve me even though my FICO is pretty high. I have to call them and re-distribute credit limits from other cards with the same bank to a new card before they finalize approval process and send it to me. I have a regular job and a pretty decent salary as well. Not sure what else I can do to increase my credit limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 22, 2018, 08:39:48 AM
Any tips on increasing credit lines to make credit cards eligible for selling tradelines and getting paid more?

I have many cards but only 3 of them can be used for tradelines at the moment. I shifted my credit lines from other cards to those cards so other cards with the same banks have something like 1-5K credit limits. There seems to be a maximum total credit limit with issuers like Barclays and BofA because when I apply for new cards with them they no longer auto approve me even though my FICO is pretty high. I have to call them and re-distribute credit limits from other cards with the same bank to a new card before they finalize approval process and send it to me. I have a regular job and a pretty decent salary as well. Not sure what else I can do to increase my credit limit.

A couple of ideas:

1.  Be more aggressive about reallocating.  Most credit card minimum limits are $100 or $500.  If you have a $5K card, that's $4.5K to $4.9K that could be reallocated.  You can even close the smaller card and move the whole CL over.

2.  Increase your reportable income.  Look at all available options, including a raise at work, reporting the side income from piggybacking as additional income, etc.

3.  Become an AU yourself by buying a monster line from someone like me.  Another forum member did that on the theory that banks will match CLs on larger lines.  He had me add him to a $27.5K line, and he reported that it worked for him.  I've got lines up to $60K.

4.  Get cards from other issuers.  If you have maybe a $60K income, you could probably get a single $20K line from a smaller issuer regardless of your Chase and Citi limits.  Check the list of issuers that piggybacking works with, of course; I have a nice line with Alliant but the AU companies don't work with them (at least Old and New Company do not).

But yeah, you're right...most issuers will have a max total limit they'll extend you on all cards with them.  It seems to be mostly a function of your reported income, not your credit score.

Good luck!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 22, 2018, 09:11:55 AM
@MasterStache
Once you have been dabbling in travel hacking a bit longer you will see you can sign up for so many cards every few months and will soon have more cards than you can do anything with. If your credit age and depth is low and you only have three cards to your name then you shouldn’t do tradelines until you build your credit up a bit, or at least yes - take a conservative approach.

@Padonak
BofA you can request credit line increases online without any hard query to your credit. Barclays would be a hard pull so I would lay off that. What other lines do you have? I request credit line increases on all my cards every 3-6 months if they don’t do hard pulls.

@secondcor521
Reportable income is key. Also look at what they define as your reportable income. Most definitions I have seen from banks include a wide definition.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 22, 2018, 12:01:30 PM
@MasterStache
Once you have been dabbling in travel hacking a bit longer you will see you can sign up for so many cards every few months and will soon have more cards than you can do anything with. If your credit age and depth is low and you only have three cards to your name then you shouldn’t do tradelines until you build your credit up a bit, or at least yes - take a conservative approach.

Been travel hacking for many years now with several dozen cards between my wife and I, but thanks for the advice. You are missing the keyword "churning." I can tell you from personal experience signing up for tons of card every few months has become increasingly difficult, again with rules being instituted by numerous CC companies. Add in blacklisting, and the going just gets tougher 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 22, 2018, 01:50:41 PM
@MasterStache
Once you have been dabbling in travel hacking a bit longer you will see you can sign up for so many cards every few months and will soon have more cards than you can do anything with. If your credit age and depth is low and you only have three cards to your name then you shouldn’t do tradelines until you build your credit up a bit, or at least yes - take a conservative approach.

Been travel hacking for many years now with several dozen cards between my wife and I, but thanks for the advice. You are missing the keyword "churning." I can tell you from personal experience signing up for tons of card every few months has become increasingly difficult, again with rules being instituted by numerous CC companies. Add in blacklisting, and the going just gets tougher

Ok - just pointing out the math and the rough odds. I personally think 20k over the next year even if all my 9 cards get shut down and I get blacklisted with those banks (4) would be worth it and I think that all of them being shit down and being completely blacklisted with all of ten is beyond all datapoints seen. Like from what I have seen BofA might close your one card but let you open another.

And if those 4 banks all blacklisted me there are plenty of other banks to go to. And banks are not fancy enough from what I see to cross reference black lists.

Just putting out the numbers for “worst case” scenarios.

But each to their preference.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 22, 2018, 01:57:22 PM
@MasterStache
Once you have been dabbling in travel hacking a bit longer you will see you can sign up for so many cards every few months and will soon have more cards than you can do anything with. If your credit age and depth is low and you only have three cards to your name then you shouldn’t do tradelines until you build your credit up a bit, or at least yes - take a conservative approach.

Been travel hacking for many years now with several dozen cards between my wife and I, but thanks for the advice. You are missing the keyword "churning." I can tell you from personal experience signing up for tons of card every few months has become increasingly difficult, again with rules being instituted by numerous CC companies. Add in blacklisting, and the going just gets tougher

Ok - just pointing out the math and the rough odds. I personally think 20k over the next year even if all my 9 cards get shut down and I get blacklisted with those banks (4) would be worth it and I think that all of them being shit down and being completely blacklisted with all of ten is beyond all datapoints seen. Like from what I have seen BofA might close your one card but let you open another.

And if those 4 banks all blacklisted me there are plenty of other banks to go to. And banks are not fancy enough from what I see to cross reference black lists.

Just putting out the numbers for “worst case” scenarios.

But each to their preference.

Those numbers were best-case, though.  Worst case is you get a single sale and they blacklist you.  I only got two.  If I had made anywhere near 20k (also very optimistic) I would consider it even.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on July 22, 2018, 08:43:12 PM
Had another Bank of America add fail. :(
Title: US exclusive?
Post by: longtry on July 23, 2018, 02:29:53 AM
I haven't read all of those ~3000 posts, but it seems this strategy applies to the US only. How many banks are there that accept foreigners opening cards? In case it's not possible, are there markets with characteristics similar to the US (consumerism, highly developed financial system, tradeline/piggyback companies available...) that welcome foreigners to enter? Thank you.
Title: Re: US exclusive?
Post by: arebelspy on July 23, 2018, 07:15:00 AM
I haven't read all of those ~3000 posts, but it seems this strategy applies to the US only. How many banks are there that accept foreigners opening cards? In case it's not possible, are there markets with characteristics similar to the US (consumerism, highly developed financial system, tradeline/piggyback companies available...) that welcome foreigners to enter? Thank you.

I am not aware of any other countries this works in. It is a feature of the way our credit scoring system works.

I believe you need a U.S. SSN for the vast majority of credit card institutions (from very breif research some apparently, like Amex, may let you "transfer" your credit history from other countries they are in, if you have cards with them, but Amex doesn't work for tradelines).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on July 23, 2018, 08:30:36 PM
Got an email this evening for a last minute add as they call it requesting the add by the end of day tomorrow for my Discover card. This is the first add I've had in 10 months or so and I'm not sure why the add must be done by tomorrow. My statement closing date isn't until the 2nd and I have a payment slated to go at the end of the week to pay off the balance, which due to a large purchase exceeds 15% utilization. I can move the payment up to tomorrow so it will hopefully post but I didn't even think this would show on the AUs credit report until at least my close date. Is that right? I feel bad but I may not be able to take this add also due to traveling and poor internet access.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 23, 2018, 08:39:51 PM
Got an email this evening for a last minute add as they call it requesting the add by the end of day tomorrow for my Discover card. This is the first add I've had in 10 months or so and I'm not sure why the add must be done by tomorrow. My statement closing date isn't until the 2nd and I have a payment slated to go at the end of the week to pay off the balance, which due to a large purchase exceeds 15% utilization. I can move the payment up to tomorrow so it will hopefully post but I didn't even think this would show on the AUs credit report until at least my close date. Is that right? I feel bad but I may not be able to take this add also due to traveling and poor internet access.

Discover does not not wait until closing statement, it reports AUs immediately.

I'd move up the payment and add the AU (probably will take about the same amount of time as it took to write this post--3-5 min), but email them immediately if you can't.

They've seen increased sales, and people not seeing sales have seen them, but a bunch of people have flaked on doing the adds, so they've had to remove some people (thus seeing increased activity going forward for those who do their adds).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on July 23, 2018, 08:52:05 PM
Got an email this evening for a last minute add as they call it requesting the add by the end of day tomorrow for my Discover card. This is the first add I've had in 10 months or so and I'm not sure why the add must be done by tomorrow. My statement closing date isn't until the 2nd and I have a payment slated to go at the end of the week to pay off the balance, which due to a large purchase exceeds 15% utilization. I can move the payment up to tomorrow so it will hopefully post but I didn't even think this would show on the AUs credit report until at least my close date. Is that right? I feel bad but I may not be able to take this add also due to traveling and poor internet access.

Discover does not not wait until closing statement, it reports AUs immediately.

I'd move up the payment and add the AU (probably will take about the same amount of time as it took to write this post--3-5 min), but email them immediately if you can't.

They've seen increased sales, and people not seeing sales have seen them, but a bunch of people have flaked on doing the adds, so they've had to remove some people (thus seeing increased activity going forward for those who do their adds).

Thanks, very helpful. I will do my best to get it straight with them. I'd like to do the add and if things pick up, I'm very happy for it. Difficult for me to do this last minute but I don't want to lose the opportunity going forward.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 23, 2018, 10:49:23 PM
@dragoncar
Perhaps you should have been doing more adds and it would have been more worthwhile. If you were doing two slots every two months for a year and then been shut down you would have walked away with 2k (assuming this is a 10k plus line that is over 2 years old). Instead you did two slots and then nothing for a year and then were shut down.

There is a lot of demand out there for these lines. I am using a different company than the old or new, but all I am saying is there is demand. The company I work with takes several actions to vet users and I am sure the new and old companies do to - but nothing is foolproof.
Title: Re: US exclusive?
Post by: longtry on July 24, 2018, 05:21:08 AM
from very breif research some apparently, like Amex, may let you "transfer" your credit history from other countries they are in, if you have cards with them, but Amex doesn't work for tradelines.
Thanks @rebel, that's also what my prior research turned out. How unfortunate.
On a related note, from what I read on the net, one of the better ways to get an SSN is to work for a US company. But can I work outside the US while still benefit from the SSN? Are there even better, easier methods to get SSNs? Oh, and are there any members here on MMM fora who own a business & are kind enough to give me a token job?
Title: Re: US exclusive?
Post by: Orin! on July 24, 2018, 06:18:21 AM
from very breif research some apparently, like Amex, may let you "transfer" your credit history from other countries they are in, if you have cards with them, but Amex doesn't work for tradelines.
Thanks @rebel, that's also what my prior research turned out. How unfortunate.
On a related note, from what I read on the net, one of the better ways to get an SSN is to work for a US company. But can I work outside the US while still benefit from the SSN? Are there even better, easier methods to get SSNs? Oh, and are there any members here on MMM fora who own a business & are kind enough to give me a token job?
Read this:
https://www.ssa.gov/pubs/EN-05-10096.pdf
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 24, 2018, 08:47:22 AM
@dragoncar
Perhaps you should have been doing more adds and it would have been more worthwhile. If you were doing two slots every two months for a year and then been shut down you would have walked away with 2k (assuming this is a 10k plus line that is over 2 years old). Instead you did two slots and then nothing for a year and then were shut down.

There is a lot of demand out there for these lines. I am using a different company than the old or new, but all I am saying is there is demand. The company I work with takes several actions to vet users and I am sure the new and old companies do to - but nothing is foolproof.

This advice is gold.  Right up there with “make more money” and “be more attractive”
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 24, 2018, 09:56:47 AM
This advice is gold.  Right up there with “make more money” and “be more attractive”

To be fair, have you even tried those things?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on July 24, 2018, 11:13:13 AM
New company has been very quiet for me lately
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 24, 2018, 11:48:17 AM
New company has been very quiet for me lately

A recent email said that New Company thinks there are audits going on at several of the banks that they use.  If your cards are with those banks, the New Company has rested them for you until they believe those audits are done.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on July 24, 2018, 02:27:06 PM
I didn't get that email. Care to share the list of banks?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 24, 2018, 02:59:31 PM
I didn't get that email. Care to share the list of banks?

I received an email from the new company that they will no longer accept  USAA, Cap 1, US Bank, or Elan. They expect it to be temporary while the companies do internal reviews.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 24, 2018, 03:08:57 PM
I didn't get that email. Care to share the list of banks?

Matching what @beekayworld wrote above...from the email:

"5.  At this time we are not selling USAA, Cap 1, US Bank, or Elan. This is because we feel the risk is too high for possible card closures due to internal reviews being conducted by the aforementioned banks. Based on past experience this is a temporary situation and we will resume using those cards most likely within the next 1-2 months."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on July 24, 2018, 03:39:53 PM
Obviously missed that post. Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on July 24, 2018, 07:39:46 PM
This advice is gold.  Right up there with “make more money” and “be more attractive”

To be fair, have you even tried those things?

It's not possible for those of us who are butt ugly and stupid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Orin! on July 24, 2018, 09:06:55 PM
This advice is gold.  Right up there with “make more money” and “be more attractive”

To be fair, have you even tried those things?

It's not possible for those of us who are butt ugly and stupid.
It’s still possible to try
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 25, 2018, 12:57:58 AM
This advice is gold.  Right up there with “make more money” and “be more attractive”

To be fair, have you even tried those things?

It's not possible for those of us who are butt ugly and stupid.
It’s still possible to try

There is no try
Title: Re: US exclusive?
Post by: longtry on July 25, 2018, 08:39:44 AM
Read this: https://www.ssa.gov/pubs/EN-05-10096.pdf
Thanks Orin! It's a legal document, and my head gets a little dizzy whenever it comes to reading such, but I think there are answers to my questions:
- No I won't be able to work outside the US & get an SSN, at least at 1st.
- Working is still the best method.
Please correct me if I'm wrong. For the last part of my questions, maybe I'd have to post at the 'Ask a Mustachian' forum...
Title: Re: US exclusive?
Post by: Orin! on July 25, 2018, 12:39:16 PM
Read this: https://www.ssa.gov/pubs/EN-05-10096.pdf
Thanks Orin! It's a legal document, and my head gets a little dizzy whenever it comes to reading such, but I think there are answers to my questions:
- No I won't be able to work outside the US & get an SSN, at least at 1st.
- Working is still the best method.
Please correct me if I'm wrong. For the last part of my questions, maybe I'd have to post at the 'Ask a Mustachian' forum...
The short version - with my brief understanding - is you have to get a USA work visa and then you can get a ssn. I do not know all the ins and outs on getting a work visa but I do not think it would be worth it just to get a ssn to build credit and eventually have lines worth selling for tradelines. To get a work visa I believe you would need to get someone to sponsor you and there would be fees.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on July 25, 2018, 07:07:31 PM
If you want to get a US credit card from another country, this series of posts (seven in all) may help: How To Get US Credit Cards (https://www.pointsnerd.ca/series/how-to-get-us-credit-cards/)

It's aimed at Canadians who want to get US credit cards for sign on bonuses, credit card points, etc, but the same ideas should work (I have to say, that's advance credit card churning there, kudos to them).

Haven't read entire series of steps, but seems to be something like this:
Get individual tax identifier number (ITIN), to use in lieu of social, since you are correct, as a non US resident you won't get a social. But it is very possibly you might have US source income, such as royalties. So you sign up for some kind of book writing account, use the possibility of royalties as justification for an ITIN. You open an Amex in your home country, then apply for an Amex in the US using your home country credit, you tie that new American Amex to the ITIN you just got. You wait and hope to build a credit profile in the US from that Amex which now reports to the US credit reporting agencies with your ITIN. You then apply for more cards. While doing all that, you also have to set up a virtual US mailbox (https://travelingmailbox.com/?ref=197), US phone numbers, US banking etc. Hopefully the series covers it all

YMMV. Good luck if you try.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: longtry on July 26, 2018, 08:28:28 AM
You two are very kind. Orin! It's beginning to dawn on me that maybe it's not worth it, as you said. Following CanuckExpat's mentioned way incurs different fees on its own. Not to mention even if I'm successful after a long quest to have 10+ credit cards, I'd still have to spend on stuffs to build up my score & suffer the annual fees for nearly 10 years before they're ripe for tradelines.
Secondly, I'm too unfamiliar with the scene that I don't have the proper numbers; and even if I had, I wouldn't be able crunch the numbers to see if it's a worthy investment or not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on July 26, 2018, 09:27:48 AM
You two are very kind. Orin! It's beginning to dawn on me that maybe it's not worth it, as you said. Following CanuckExpat's mentioned way incurs different fees on its own. Not to mention even if I'm successful after a long quest to have 10+ credit cards, I'd still have to spend on stuffs to build up my score & suffer the annual fees for nearly 10 years before they're ripe for tradelines.
Secondly, I'm too unfamiliar with the scene that I don't have the proper numbers; and even if I had, I wouldn't be able crunch the numbers to see if it's a worthy investment or not.

You don't need a good credit score to sell tradelines, all that matters is that the tradeline in question is clean: low credit utilization, no late payments. All your other credit pieces could be crap (or nonexistent), but that doesn't hurt the tradeline buyer.

You also don't have to pay annual fees to sell tradelines. It's just that most people participating from this forum started with credit card churning (in which you sign up for a bunch of cards to get the bonuses), and bonuses are higher for annual-fee cards, so those were the cards available to a lot of people when they learned about tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: longtry on July 27, 2018, 05:52:36 AM
You don't need a good credit score to sell tradelines, all that matters is that the tradeline in question is clean: low credit utilization, no late payments. All your other credit pieces could be crap (or nonexistent), but that doesn't hurt the tradeline buyer.
You also don't have to pay annual fees to sell tradelines. It's just that most people participating from this forum started with credit card churning (in which you sign up for a bunch of cards to get the bonuses), and bonuses are higher for annual-fee cards, so those were the cards available to a lot of people when they learned about tradelines.
That bolded part is quite an eye-opener for me, merula :) Then from an MMM or any financial-aware guy's perspective, there's no reason not to churn the cards! Could you please point me to some thread or article that teaches the know-how?
A question about credit score: what would be my score if I just register for a card & leave it as is? Or should I just buy 1 & only 1 thing, pay it back right away & enjoy all the mentioned prerequisites of low credit utilization & no late payments for, like, eternity?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on July 27, 2018, 07:52:49 AM
A question about credit score: what would be my score if I just register for a card & leave it as is? Or should I just buy 1 & only 1 thing, pay it back right away & enjoy all the mentioned prerequisites of low credit utilization & no late payments for, like, eternity?

Credit scoring is intentionally opaque, so it's impossible to know for sure, but there are two basic ways that having an account impacts your score: percent of credit utilized and record of on-time payments.

Having an open account will decrease your percent of credit utilized, but only making charges and therefore payments on the card will impact the record of on-time payments. This is why you have to make charges when you're selling tradelines, so there's a sale that reports to the bureaus. This is also probably the source of the misconception that you have to carry a balance to build credit; you don't, but that's what some people interpret "payments" to mean.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 27, 2018, 08:56:17 AM
Or should I just buy 1 & only 1 thing, pay it back right away & enjoy all the mentioned prerequisites of low credit utilization & no late payments for, like, eternity?

For the bonuses, you will probably have to spend a certain amount of money in the first few months. For example, charge $2000 on the card in the first 3 months.

With trade lines the eternity part of your statement makes sense. Without trade lines, I would cancel the card before the one-year anniversary in order to avoid the annual fee. An annual fee of $95 or $199 is acceptable if I'm getting even one sale on the card per year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on July 27, 2018, 09:22:10 AM
That bolded part is quite an eye-opener for me, merula :) Then from an MMM or any financial-aware guy's perspective, there's no reason not to churn the cards! Could you please point me to some thread or article that teaches the know-how?
There's a journal here on the forums dedicated to credit card churning and how to manufacture spending to meet the spending requirements of the sign up bonuses.

https://forum.mrmoneymustache.com/journals/1-2million-miles-and-counting/ (https://forum.mrmoneymustache.com/journals/1-2million-miles-and-counting/)

For the bonuses, you will probably have to spend a certain amount of money in the first few months. For example, charge $2000 on the card in the first 3 months.

With trade lines the eternity part of your statement makes sense. Without trade lines, I would cancel the card before the one-year anniversary in order to avoid the annual fee. An annual fee of $95 or $199 is acceptable if I'm getting even one sale on the card per year.
Another reason for canceling the card when churning is that sometimes you can get the sign up bonus for a credit card product again if you haven't had that product for more than a year or two. Typical churning pattern is: apply for the card, get the card, meet the spend requirement, pay off the balance, collect the bonus, cancel the card. It doesn't usually take more than a few months per card if you meet the spend requirement quickly. Usually the bonus isn't available to collect until a month or two after the statement where you first fulfilled all the requirements.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on July 27, 2018, 10:03:10 AM
I used to be a churner, but selling tradelines is MUCH more lucrative, and for far less work.

The two activities aren't entirely mutually exclusive, but there are some conflicts.  For tradeline selling, you want to build your credit limits up and let them age, while with churning, you don't really care about credit limits or age as long as you meet the spend requirements, and you're constantly opening/closing cards.   

So what I do now is, every year, I pick 2 or 3 cards, novel to me, that have good sign-up bonuses.  Go through the process to get the bonuses, then don't close the cards.  Let them age, and then refer them to the TL companies when they mature.  Because I don't close the cards, I can't get repeat bonuses, but that's ok, like I said, because selling the TLs is so much more lucrative.  I'm on year 3 of this, and I'm running out of cards to sign up for. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on July 27, 2018, 10:27:49 AM
I used to be a churner, but selling tradelines is MUCH more lucrative, and for far less work.

The two activities aren't entirely mutually exclusive, but there are some conflicts.  For tradeline selling, you want to build your credit limits up and let them age, while with churning, you don't really care about credit limits or age as long as you meet the spend requirements, and you're constantly opening/closing cards.   

So what I do now is, every year, I pick 2 or 3 cards, novel to me, that have good sign-up bonuses.  Go through the process to get the bonuses, then don't close the cards.  Let them age, and then refer them to the TL companies when they mature.  Because I don't close the cards, I can't get repeat bonuses, but that's ok, like I said, because selling the TLs is so much more lucrative.  I'm on year 3 of this, and I'm running out of cards to sign up for.

Cards you want to churn carry Annual Fees.  Banks have no problem "downgrading" these to no AF versions.  So you can just downgrade the card into a no AF version right before 1 year of opening, and then sell the tradeline when it hits 2 years.  You'll then be able to later churn that card again (usually after 2 yrs) since its no longer the original version.  Churning is lucrative too, don't leave money on the table!  Hell, I just converted my amex point earnings from 2 cards to $1750 of Charles Schwab index funds (love their super low cost international fund). Not bad for a 2 card churn.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: justwantFI on July 27, 2018, 11:01:15 AM
So I tried to enter the game with the old company and got back this email. Seems like they went very strict on the cards they are accepting now. Very few banks and harder limits.

Quote
Thank you for your interest in our program! We are currently only looking for cards with a minimum $10,000 credit limit, at least 5 years of history, and from one of the following bank issuers: Barclay, Discover, PNC, USAA, Elan, Cap One
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LukeS on July 27, 2018, 01:51:58 PM
So I tried to enter the game with the old company and got back this email. Seems like they went very strict on the cards they are accepting now. Very few banks and harder limits.

Quote
Thank you for your interest in our program! We are currently only looking for cards with a minimum $10,000 credit limit, at least 5 years of history, and from one of the following bank issuers: Barclay, Discover, PNC, USAA, Elan, Cap One

Wow! That's kind of playing a long-game, for me to sign up for cards to maybe be able to sell tradelines on them in 5 years
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 27, 2018, 01:55:57 PM
The "new" tradeline co takes ones two years old. There are some shady TL companies that take ones brand new if you want to go that route.

"Old" TL company was taking ones as low as two years in April, and giving a signup bonus. For the moment, they have enough lines, so bumped the minimums.

They'll lower it again at some point as either cards are cancelled, withdrawn, or business grows, I'm sure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 27, 2018, 02:19:05 PM
They'll lower it again at some point as either cards are cancelled, withdrawn, or business grows, I'm sure.

+1. Came to post this.

Supply and demand is in full effect in this cottage industry.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: longtry on July 28, 2018, 08:46:40 AM
I would cancel the card before the one-year anniversary in order to avoid the annual fee.
Then it would cost you practically nothing, aside from some telephone call fee & time to manage the stuff, am I getting it right? :)

Oh, on a 2nd look, it seems I misinterpreted merula's comment. The bonuses are bigger for annual-fee cards doesn't mean they are bigger than the annual fees. Not to mention that usually the bonuses come in form of air miles (that link robartsd kindly show me) or gift cards, coupons... In other words, you have to spend more on stuffs to get the bonuses - which seems to contradict the MMM spirit, no?
I just converted my amex point earnings from 2 cards to $1750 of Charles Schwab index funds (love their super low cost international fund).
Wow this is great, for it looks like there are ways to convert bonuses to cash! And my country has Amex, too! Could you elaborate a little more?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on July 28, 2018, 10:50:28 AM
And my country has Amex, too! Could you elaborate a little more?

The Charles Schwab Amex Platinum card allows you to convert all your MR points at a rate of 1.25 into your brokerage (i have no idea if they have this offer outside the US).  It's actually not that great of an exchange rate, you can do better with flights, etc.  But I love the idea of having something to show for my churning, in this case index funds -- plus i only need so many flights.  It's about as "mustachian" as you can get.  I'm seeing how quickly I can get this fund to 20 K from just churning rewards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 28, 2018, 11:14:14 PM
The bonuses are bigger for annual-fee cards doesn't mean they are bigger than the annual fees. Not to mention that usually the bonuses come in form of air miles (that link robartsd kindly show me) or gift cards, coupons... In other words, you have to spend more on stuffs to get the bonuses - which seems to contradict the MMM spirit, no?

The good ones are bigger than the first year annual fee.  Sometimes not bigger than the first two annual fees.

As for the second part, there are ways to spend money in the credit card sense without spending money in the MMM sense.  ;-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on July 30, 2018, 01:39:49 PM
Has anyone ever had the same AU make a second request to be added to one of your tradelines?  I just got an email from new company asking me to add "X" as an AU to my Discover card.  The "X" name rang a bell, so I checked and I had added this same person as an AU to my Citibank card in Sept 2017.  This seems weird to me, but I guess someone is wanting to bump their credit score up higher than before.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 30, 2018, 02:06:07 PM
Has anyone ever had the same AU make a second request to be added to one of your tradelines?  I just got an email from new company asking me to add "X" as an AU to my Discover card.  The "X" name rang a bell, so I checked and I had added this same person as an AU to my Citibank card in Sept 2017.  This seems weird to me, but I guess someone is wanting to bump their credit score up higher than before.

Has not happened to me but I would not be alarmed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on July 30, 2018, 03:58:20 PM
Has anyone ever had the same AU make a second request to be added to one of your tradelines?  I just got an email from new company asking me to add "X" as an AU to my Discover card.  The "X" name rang a bell, so I checked and I had added this same person as an AU to my Citibank card in Sept 2017.  This seems weird to me, but I guess someone is wanting to bump their credit score up higher than before.

Has not happened to me but I would not be alarmed.

The trade lines sell packages like “two high limit cards plus 4 newer cards for $2000”

So the trade line may try to match clients that are already on your trade line since it makes it seem more legitimate (one less strange address on their credit report)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 30, 2018, 04:44:23 PM
Has anyone ever had the same AU make a second request to be added to one of your tradelines?  I just got an email from new company asking me to add "X" as an AU to my Discover card.  The "X" name rang a bell, so I checked and I had added this same person as an AU to my Citibank card in Sept 2017.  This seems weird to me, but I guess someone is wanting to bump their credit score up higher than before.

Has not happened to me but I would not be alarmed.

The trade lines sell packages like “two high limit cards plus 4 newer cards for $2000”

So the trade line may try to match clients that are already on your trade line since it makes it seem more legitimate (one less strange address on their credit report)

I had one AU that I added to two different lines, but it was basically at the same time, not time shifted like the above instance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PatronWizard11 on August 01, 2018, 09:57:44 AM
can anyone recommend or give me a referral to a good site to start selling tradeline?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 01, 2018, 10:00:29 AM
I wanted to put out a PSA of sorts. 

There is a poster who PM'd me suggesting a new company.  The web site sounded familiar, so I contacted @arebelspy .  He confirmed that it was one discussed previously in the thread and that this company did not properly vet AUs (in his view, which I trust).  If you received such a PM recently from another forum member, I would suggest you read back through the thread before making a decision.

I am only putting this out there because I don't want to see anyone burned by bad AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Number3 on August 02, 2018, 01:26:19 AM
Discover locked my card today. I called them and they said they just wanted to make sure it was me who added five AUthorized Users recently. I said yes it was. They said ok - we just unlocked your card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 02, 2018, 07:14:40 AM
I wanted to put out a PSA of sorts. 

There is a poster who PM'd me suggesting a new company.  The web site sounded familiar, so I contacted @arebelspy .  He confirmed that it was one discussed previously in the thread and that this company did not properly vet AUs (in his view, which I trust).  If you received such a PM recently from another forum member, I would suggest you read back through the thread before making a decision.

I am only putting this out there because I don't want to see anyone burned by bad AUs.

Stick with the companies Joe recommends.  I tried out that "other" company thinking <Jeremy Clarkson voice> "What could possibly go wrong?".  Well, one of 2 AUs turned out to have used a stolen credit card with the company.  Great.  I extracted myself.

Got my first payment from the "old" company along with the first AU bonus.  Big payday for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on August 03, 2018, 09:22:28 AM
Anyone have a feel for the vintage and limits the Old and New Company are looking for these days? I am a credit card churner and have several cards about to hit their one year so I am trying to see where it is best to add these. (Most of them generally have greater than an 11k limit)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 03, 2018, 09:46:05 AM
2 years old minimum.  $10k credit limit minimum.  Both companies, unless something's changed since I signed up (I have heard rumors that they're requiring higher numbers for both for new cards).  Probably best to ask the company directly what their specific requirements are.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: maginvizIZ on August 03, 2018, 02:46:48 PM
I've been with the "new" company for a little over 2 weeks now... Not a word. :|

Anyone else not getting AUs?  I have 3 cards up (2 years old, 10k each).  Hmm...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on August 03, 2018, 04:36:06 PM
I've been with the "new" company for a little over 2 weeks now... Not a word. :|

Anyone else not getting AUs?  I have 3 cards up (2 years old, 10k each).  Hmm...

I think this is the slow time of year. I've been filled up every month on my Barclays card all year until this one (only a few days until my August closing date). My other cards are empty this month too, first time this year for that as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 03, 2018, 05:03:55 PM
I've been with the "new" company for a little over 2 weeks now... Not a word. :|

Anyone else not getting AUs?  I have 3 cards up (2 years old, 10k each).  Hmm...

I think this is the slow time of year. I've been filled up every month on my Barclays card all year until this one (only a few days until my August closing date). My other cards are empty this month too, first time this year for that as well.

I only got one sale from the "New company" this year even though I have a few cards registered with it. Nothing wrong with my cards either.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on August 03, 2018, 06:34:22 PM
I've been with the "new" company for a little over 2 weeks now... Not a word. :|

Anyone else not getting AUs?  I have 3 cards up (2 years old, 10k each).  Hmm...

I'm with the new company and noticed that when I add a new card, the "My Cards" page on their website shows "UNAVAILABLE" for both cells/fields for the month in which I added the card; and only shows "AVAILABLE" for the next months after the month in which the card was added. 

Look on your "My Cards" page and click the blue "expand all" bar.  There's an array with the months labeled at the top and two (or three) cells in each column.  They either say "AVAILABLE", "UNAVAILABLE" or "John Smith" (have the name of the AU).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 06, 2018, 11:44:04 AM
Has anyone ever had the same AU make a second request to be added to one of your tradelines?  I just got an email from new company asking me to add "X" as an AU to my Discover card.  The "X" name rang a bell, so I checked and I had added this same person as an AU to my Citibank card in Sept 2017.  This seems weird to me, but I guess someone is wanting to bump their credit score up higher than before.

Data point - just had this happen to me for the first time on a Barclay card. AU asked to stay on for another two months, easiest $175 I ever made!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on August 06, 2018, 12:18:10 PM
I've been with the "new" company for a little over 2 weeks now... Not a word. :|

Anyone else not getting AUs?  I have 3 cards up (2 years old, 10k each).  Hmm...

I'm with the new company and noticed that when I add a new card, the "My Cards" page on their website shows "UNAVAILABLE" for both cells/fields for the month in which I added the card; and only shows "AVAILABLE" for the next months after the month in which the card was added. 

Look on your "My Cards" page and click the blue "expand all" bar.  There's an array with the months labeled at the top and two (or three) cells in each column.  They either say "AVAILABLE", "UNAVAILABLE" or "John Smith" (have the name of the AU).

Your card can only be sold before the month closing date, too. Plus however much time it takes to get out there to attract a buyer. If you add a new card on July 3rd, and the closing date for your July bill is July 9th, you're probably not going to get a sale in July.

It seems most sales come in the week before the closing date. Makes sense, no one wants to buy a tradeline and then wait five or six weeks for it to hit their report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 09, 2018, 06:18:57 AM
Hey everyone,

I got a new baby on the way and I’m in Desperate need of an extra income. How’s the authorized user business? Is it dependable? How long does it take to get started? I’ve done my research and found a few companies but they have no reviews. I would appreciate your feedback  on your companies to see which one I should choose and trust.

Congrats on the upcoming little one!

Tradeline sales are still going pretty steady. Some people have seen shut downs, some people have seen more sales, some less.

It really depends on the quality and quantity of your cards (and some randomness). Most people are making anywhere from a few hundred dollars a year with just a couple of sales to a few thousand dollars a year (a few sales every few months times a few cards). Those with a lot of cards that are older (and seeing sales every month on multiple cards) are seeing low five-figure income, but I think the $2000-5000 range is much more common. A bit more info in this earlier post (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2017189/#msg2017189).

I've sent you a PM with the companies I recommend. It's pretty important to pick a good tradeline company, they're the shield for you against fraud and bad actors, as Car Jack mentions here (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2091448/#msg2091448).

Anyone can always feel free to PM me (http://forum.mrmoneymustache.com/pm/?sa=send;u=25) if you want a referral/more info/have questions.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DarrellEW on August 09, 2018, 01:00:11 PM
Is anyone else worried about having their home address on a bunch of random people's credit reports?

I'm planning on moving in the next year or so, and wondering if I should pay for a UPS Store box or travelling mailbox service for all my banking going forward, including AU sales. I could make up the ~$200/yr in AU sales pretty easily, but wondering if I'm just being paranoid and throwing money away.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on August 09, 2018, 01:19:47 PM
Is anyone else worried about having their home address on a bunch of random people's credit reports?

I'm planning on moving in the next year or so, and wondering if I should pay for a UPS Store box or travelling mailbox service for all my banking going forward, including AU sales. I could make up the ~$200/yr in AU sales pretty easily, but wondering if I'm just being paranoid and throwing money away.

I bought a tradeline once. (I think everyone who wants to sell tradelines should buy at least one.)

I didn't get any info about the cardholder. Just info about the card: open date, current balance, payment history.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DarrellEW on August 09, 2018, 01:26:33 PM
Is anyone else worried about having their home address on a bunch of random people's credit reports?

I'm planning on moving in the next year or so, and wondering if I should pay for a UPS Store box or travelling mailbox service for all my banking going forward, including AU sales. I could make up the ~$200/yr in AU sales pretty easily, but wondering if I'm just being paranoid and throwing money away.

I bought a tradeline once. (I think everyone who wants to sell tradelines should buy at least one.)

I didn't get any info about the cardholder. Just info about the card: open date, current balance, payment history.

Interesting. So it didn't show up as an address on your credit report?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on August 09, 2018, 01:47:31 PM
Is anyone else worried about having their home address on a bunch of random people's credit reports?

I'm planning on moving in the next year or so, and wondering if I should pay for a UPS Store box or travelling mailbox service for all my banking going forward, including AU sales. I could make up the ~$200/yr in AU sales pretty easily, but wondering if I'm just being paranoid and throwing money away.

I bought a tradeline once. (I think everyone who wants to sell tradelines should buy at least one.)

I didn't get any info about the cardholder. Just info about the card: open date, current balance, payment history.

Interesting. So it didn't show up as an address on your credit report?

I never thought to look in the address section of the credit report. But I did just now, and sure enough, there is a strange address in there I don't recognize.

Dang it! Now I guess I'll have to get a private PO box.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on August 09, 2018, 01:49:38 PM
Is anyone else worried about having their home address on a bunch of random people's credit reports?

I'm planning on moving in the next year or so, and wondering if I should pay for a UPS Store box or travelling mailbox service for all my banking going forward, including AU sales. I could make up the ~$200/yr in AU sales pretty easily, but wondering if I'm just being paranoid and throwing money away.

I bought a tradeline once. (I think everyone who wants to sell tradelines should buy at least one.)

I didn't get any info about the cardholder. Just info about the card: open date, current balance, payment history.

Interesting. So it didn't show up as an address on your credit report?

I never thought to look in the address section of the credit report. But I did just now, and sure enough, there is a strange address in there I don't recognize.

Dang it! Now I guess I'll have to get a private PO box.

Another interesting thing: I googled that address, and got the website of a small business. There is an About page with the names of the owner and employees. I bet if I called and talked to the owner, I'd find out it's someone from this thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 09, 2018, 02:56:40 PM
Yes, one of the minor downsides of this is your address may show up on their credit report, meaning:

1) You may get junk mail for former AUs at some point. Some people have reported this, though it doesn't seem super common. I haven't had it happen, because I use a virtual mailbox for all my mail, and they only process/deliver mail addressed to me or my wife, and reject anything addressed to other names, so I never even see that if it is sent to me. The remedy, if you don't want to get a separate box for AU sales, is to just throw out the junk mail if you get it.

2) You may get phone calls from creditors for that person, if the creditor runs their credit report, sees your address, googles it, and can find your phone number. Again, it's happened to a number of people, but doesn't seem super common. Again, I haven't had it happen to me because my number is not super googleable, but the remedy, if it happens to you, is to ask them to remove your number and/or block their number.

Annoyances, yes. How big or small probably depends on your tolerance for such things, how frequently they happen, and how much you got paid to put up with it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 09, 2018, 03:59:57 PM
I use a PO Box but it is more for my own convenience for postal mail in general.  It does help in this situation as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on August 09, 2018, 08:54:10 PM
Question about AMEX tradelines through any company. They didn't ask for the DOB or SSN when calling to add, but they did ask when the card came in the mail- they wanted the DOB and SSN to activate the card. So it seems AMEX does things in a different order.  Anyone else have a similar experience? I won't know for a little while if/when it will post- but I can report back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 09, 2018, 08:56:48 PM
Amex doesn't work the same way, so TL companies don't use them.

They report the date you added the AU as the opening date for the card for the AU, so it doesn't help their length of credit history (and probably hurts it), though it does help the amount of credit open.  But it basically shows as if it's a brand new opened card, even if you've had it for a decade+.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 10, 2018, 06:04:09 AM
My niece's husband needed some help with his credit score for a car loan, so I added him to several of my cards - three of which were AmEx. I had her send me an update each time his credit score updated with a new account. All told, his score went from a 550 to a 720! Several of the larger boosts he got were when an AmEx card posted. While arebelspy is correct that they show as being a new account and you don't get the age benefit, it seems that the available credit portion made up for that. Total available credit from AmEx from the cards that I added him to was ~$50,000 total from three cards. Obviously, other factors on their credit (bankruptcy, foreclosures, etc.) may keep it from having as significant of an impact as it did in his case, but AmEx cards can help. Something to keep in mind if you have someone close to you who needs a boost that you don't want to add to a card being used for tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on August 10, 2018, 07:05:12 AM
Something to keep in mind if you have someone close to you who needs a boost that you don't want to add to a card being used for tradelines.

This is my situation- family member transaction. I'll report back before/after credit scores. I think credit utilization is a bigger issue than age, but we'll see how it plays out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on August 10, 2018, 08:36:18 AM
My niece's husband needed some help with his credit score for a car loan, so I added him to several of my cards - three of which were AmEx. I had her send me an update each time his credit score updated with a new account. All told, his score went from a 550 to a 720! Several of the larger boosts he got were when an AmEx card posted. While arebelspy is correct that they show as being a new account and you don't get the age benefit, it seems that the available credit portion made up for that. Total available credit from AmEx from the cards that I added him to was ~$50,000 total from three cards. Obviously, other factors on their credit (bankruptcy, foreclosures, etc.) may keep it from having as significant of an impact as it did in his case, but AmEx cards can help. Something to keep in mind if you have someone close to you who needs a boost that you don't want to add to a card being used for tradelines.
Yes, the benefit from a new high-limit/low utilization card being added to your report would depend on the type of credit history you have; an aged card with similar limit and utilization would always be better though. I don't know why the industry doesn't all work more like Amex - I think it would make credit scores more reliable.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on August 11, 2018, 01:54:07 PM
So I signed up for the New Company on Aug 3 and just got my first sale today!  I had some trouble adding the AU online on Discover's site and reluctantly ended up calling in to add the person.  It was very easy and I was not asked any weird questions.  Has anyone else had trouble with the Discover site resetting and kicking you back to the original screen when trying to add an AU? 

I'll also add that when I went through all my cards to try and raise my CL's, I found out that Discover does let you request an increase online every 30 days (I think I read earlier in the thread people saying it was 2-3 months)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 11, 2018, 02:24:51 PM
I've had issues with Discover's website. I ended up using the Edge browser, and it works. Maybe a conflict with one of my extensions? IDK.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on August 11, 2018, 02:46:26 PM
I've had issues with Discover's website. I ended up using the Edge browser, and it works. Maybe a conflict with one of my extensions? IDK.

Yeah, I was on Chrome, so maybe I'll have to try Edge next time and see how that goes.

Another question I have is about the New Company's portal.  When I go to the Document Center, I see 3 people listed.  I have only made 1 sale, so why would there be documents listed for these 2 other random people?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mesmoiselle on August 11, 2018, 06:47:49 PM

A data point I've noticed with the new company is that on one of my cards, I mostly get AU requests from people who live within like 20 miles of me. I live in a major city with a significant immigrant population, I wonder if it is just coincidence, or, if they're keeping it to locals to make it seem like it's people I might reasonably know. 9 times out of 10, AUs on that card have been from addresses I might actually have driven past on my way to work.

You should stop on your way in, get out of the car and yell at the building "YOU'RE WELCOME!".

(https://i.imgur.com/uyKgrYk.gif)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 13, 2018, 07:49:24 AM
Mrs. Ducky and I were visiting with some old friends this weekend, and the subject of tradelines came up. They are doing well now, but a few years back they fell on some hard times which took a toll on their credit. He mentioned that he would like to get his credit score up high enough to be able to qualify for a decent rate on a mortgage, so I offered to add him to some lines. The only thing I asked was that he update me each time an account showed up on his credit report and what impact it had on his score. I'm hoping to get some good data points, and I'm particularly interested in seeing what impact the AmEx cards have. I will post updates as I get them from him in case anyone else is interested.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ss17 on August 13, 2018, 11:17:31 AM
ducky19,
I wanted to let you know that AU's on AmEx cards post like they just got a new card for whatever your limit is, so they don't add to the Average Age of Accounts.  Won't help your friends credit much if any.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on August 13, 2018, 11:21:20 AM
ducky19,
I wanted to let you know that AU's on AmEx cards post like they just got a new card for whatever your limit is, so they don't add to the Average Age of Accounts.  Won't help your friends credit much if any.

This probably depends on his credit profile.  For someone with a low overall credit limit, increasing the limit can have a very big impact.  For another person who already has a very large overall credit limit, the new credit might have a small negative impact.  Typically those with poor credit can use the benefit of a higher overall credit limit.  Credit available to credit used ratio is a large component of credit score modeling.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 13, 2018, 11:38:05 AM
ducky19,
I wanted to let you know that AU's on AmEx cards post like they just got a new card for whatever your limit is, so they don't add to the Average Age of Accounts.  Won't help your friends credit much if any.

This probably depends on his credit profile.  For someone with a low overall credit limit, increasing the limit can have a very big impact.  For another person who already has a very large overall credit limit, the new credit might have a small negative impact.  Typically those with poor credit can use the benefit of a higher overall credit limit.  Credit available to credit used ratio is a large component of credit score modeling.

Exactly. As I stated in this post, age is only one factor that helps - available credit accounts for around 30% of the score. So even though the age is a brand new account, if he suddenly has $60k of available credit he didn't have before, it will still have a decent impact on his score. I like experiments like this because I can tell exactly what impact it had - that's what I want to report back. I know most tradeline companies don't use AmEx because of the age, but you can still improve scores dramatically with available credit.

My niece's husband needed some help with his credit score for a car loan, so I added him to several of my cards - three of which were AmEx. I had her send me an update each time his credit score updated with a new account. All told, his score went from a 550 to a 720! Several of the larger boosts he got were when an AmEx card posted. While arebelspy is correct that they show as being a new account and you don't get the age benefit, it seems that the available credit portion made up for that. Total available credit from AmEx from the cards that I added him to was ~$50,000 total from three cards. Obviously, other factors on their credit (bankruptcy, foreclosures, etc.) may keep it from having as significant of an impact as it did in his case, but AmEx cards can help. Something to keep in mind if you have someone close to you who needs a boost that you don't want to add to a card being used for tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 13, 2018, 11:52:10 AM
Open question to the thread audience:

I have a Chase card listed with New Company with 2 AU slots.  Both slots are currently filled with New Company clients.  But one AU was added in April and - I think - should have come off by now.

I have a private client interested in a slot on this same Chase card.

I have asked New Company about the April AU and they say I need to leave that AU on until September, which seems way too long.  I have shared this opinion with them but they haven't gotten back to me yet today.

1.  Has anyone had experience with having 3 AUs on a Chase card - pro or con?

2.  Would you:
     a.  Wait for mid-September to remove the April AU, possibly disappointing and/or losing the private client?
     b.  Add the private client now and have three AU's for a bit, possibly jeopardizing the two AU's with New Company and the Chase line?
     c.  Remove the April AU early and hope that New Company doesn't notice, possibly jeopardizing relationship with New Company?
     d.  Other?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 13, 2018, 12:37:24 PM
Open question to the thread audience:

I have a Chase card listed with New Company with 2 AU slots.  Both slots are currently filled with New Company clients.  But one AU was added in April and - I think - should have come off by now.

I have a private client interested in a slot on this same Chase card.

I have asked New Company about the April AU and they say I need to leave that AU on until September, which seems way too long.  I have shared this opinion with them but they haven't gotten back to me yet today.

1.  Has anyone had experience with having 3 AUs on a Chase card - pro or con?

2.  Would you:
     a.  Wait for mid-September to remove the April AU, possibly disappointing and/or losing the private client?
     b.  Add the private client now and have three AU's for a bit, possibly jeopardizing the two AU's with New Company and the Chase line?
     c.  Remove the April AU early and hope that New Company doesn't notice, possibly jeopardizing relationship with New Company?
     d.  Other?

If it was added in April (and closed in April), 3 months is the max. I'd read your agreement carefully, and check with them again and clarify if the AU has paid to be on longer (and, if so, when your extra payment will be). The owner is out of town for the next week, but any of the other primary ladies you've dealt with should be able to look it up if you email them directly (PM me if you need the info).

I wouldn't do b, personally. Not worth raising flags with Chase.

I'd ask about if they paid to extend, and, if so, do A. If not, do C.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 13, 2018, 02:30:55 PM
Open question to the thread audience:

I have a Chase card listed with New Company with 2 AU slots.  Both slots are currently filled with New Company clients.  But one AU was added in April and - I think - should have come off by now.

I have a private client interested in a slot on this same Chase card.

I have asked New Company about the April AU and they say I need to leave that AU on until September, which seems way too long.  I have shared this opinion with them but they haven't gotten back to me yet today.

1.  Has anyone had experience with having 3 AUs on a Chase card - pro or con?

2.  Would you:
     a.  Wait for mid-September to remove the April AU, possibly disappointing and/or losing the private client?
     b.  Add the private client now and have three AU's for a bit, possibly jeopardizing the two AU's with New Company and the Chase line?
     c.  Remove the April AU early and hope that New Company doesn't notice, possibly jeopardizing relationship with New Company?
     d.  Other?

If it was added in April (and closed in April), 3 months is the max. I'd read your agreement carefully, and check with them again and clarify if the AU has paid to be on longer (and, if so, when your extra payment will be). The owner is out of town for the next week, but any of the other primary ladies you've dealt with should be able to look it up if you email them directly (PM me if you need the info).

I wouldn't do b, personally. Not worth raising flags with Chase.

I'd ask about if they paid to extend, and, if so, do A. If not, do C.

Thanks.  I'm pretty sure they didn't pay to extend, but will call New Company and ask.  The thing I worry about a little bit is that the New Company person I deal with might not like the fact that I have a private client, and so may be obstructing a little bit.  She's usually pretty good and on point but in this particular exchange she has been less so.  I understand; there's no real incentive for her to be helpful to me in this regard.

FWIW, in the portal in the card history, it shows from June to December with the other AU filling a slot in August and September.  All the other slots are listed as AVAILABLE or UNAVAILABLE; the April AU is not listed anywhere on that screen.

Also, April AU was added on April 12, card received and activated April 20, statement closed on April 23, shows "posted" on May 3, and I received payment from New Company on July 20.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on August 14, 2018, 09:15:35 AM
Quote
I paid the minimum for those two months.
You felt paying interest would look less suspicious?

NO, Once Cap One placed me on restricted status,  I was not able to add AU, however the ones on there still posted. I paid the minimum to make my small balance last 3 months, in that way I am assured the AU will post adn I will get paid for those two. But now we are done - unable to add any more AU.

Two updates from my world.

1. Wrapped up first batch of piggybacking-closure cases favorably!

2. For another forum member I dug into Capital One cardmember agreements, and folks who have old Cap1 cards might have some recourse via arbitration.

For the past few years, Cap1 has removed its arbitration provisions. But there was an arb provision back in 2009, and it explicitly says it survives any changes to the agreement. My argument (which I'm in the process of testing) is that anyone with an account opened in or before 2009 still has the benefits of that arbitration provision, even if it was removed after the fact.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on August 14, 2018, 08:01:54 PM
FWIW, in the portal in the card history, it shows from June to December with the other AU filling a slot in August and September.  All the other slots are listed as AVAILABLE or UNAVAILABLE; the April AU is not listed anywhere on that screen.
The AU that they claim is supposed to be on for at least 5 months doesn't even show on the screen???

I did have an AU re-up, but they notified me of that fact.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 14, 2018, 10:27:40 PM
FWIW, in the portal in the card history, it shows from June to December with the other AU filling a slot in August and September.  All the other slots are listed as AVAILABLE or UNAVAILABLE; the April AU is not listed anywhere on that screen.
The AU that they claim is supposed to be on for at least 5 months doesn't even show on the screen???

I did have an AU re-up, but they notified me of that fact.

It's because the AU was in the April/May time frame, which has already aged off the left side of the calendar that they show.

I did get a reply from New Company, and they said they were looking at the wrong AU, and that I could remove the April AU now.  I removed that AU and blocked out the next two months with New Company and am now working with my private client to add them.  All's well that ends well, I guess.

ETA:  But this does seem to indicate that the removal notices are either not fully automated or are not perfectly processed.  I think this is the second time I've had to ask about removing with New Company when the AU had been on a longer time that I thought.  I do know that I have an AU on one of my cards that they're wanting me to leave on for longer because of an ongoing audit...IIRC that is one with USBank.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on August 15, 2018, 05:04:02 AM
ETA:  But this does seem to indicate that the removal notices are either not fully automated or are not perfectly processed.  I think this is the second time I've had to ask about removing with New Company when the AU had been on a longer time that I thought.
Agreed. Their communication is not that great. Perhaps simply because they were overwhelmed with MMM folks the past 2 years and grew way too fast. Even though I did have some sales for the 11 months I've been doing this, I have rested my cards with them and moved elsewhere.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 15, 2018, 06:37:44 AM
ETA:  But this does seem to indicate that the removal notices are either not fully automated or are not perfectly processed.  I think this is the second time I've had to ask about removing with New Company when the AU had been on a longer time that I thought.  I do know that I have an AU on one of my cards that they're wanting me to leave on for longer because of an ongoing audit...IIRC that is one with USBank.

Yeah, that's really weird. I've always gotten notified when it's time to remove an AU. I wonder if they turned off notifications for removal for you because of that one or something?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 15, 2018, 09:43:30 AM
ETA:  But this does seem to indicate that the removal notices are either not fully automated or are not perfectly processed.  I think this is the second time I've had to ask about removing with New Company when the AU had been on a longer time that I thought.  I do know that I have an AU on one of my cards that they're wanting me to leave on for longer because of an ongoing audit...IIRC that is one with USBank.

Yeah, that's really weird. I've always gotten notified when it's time to remove an AU. I wonder if they turned off notifications for removal for you because of that one or something?

Maybe.  To be clear, I think I have been notified to remove AU's by automatic portal email in the past.  But it's not 100% of the time, which is odd but instructive.  :shrug:
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: I_want_to_make_a_million on August 15, 2018, 06:16:59 PM
Hey everyone, I have a friend who was selling their tradelines with their capital one card, but one day signed in to his account to find it was put on hold. She believes it was due to the authorized users. Has anyone had a similar expedience? Also, what is the amount of users to have to stay under the radar?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on August 15, 2018, 10:22:00 PM
I also had issues with not receiving removal notices with the whopping 3 tradelines I sold in 2017.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 16, 2018, 06:46:15 AM
ETA:  But this does seem to indicate that the removal notices are either not fully automated or are not perfectly processed.  I think this is the second time I've had to ask about removing with New Company when the AU had been on a longer time that I thought.  I do know that I have an AU on one of my cards that they're wanting me to leave on for longer because of an ongoing audit...IIRC that is one with USBank.

Yeah, that's really weird. I've always gotten notified when it's time to remove an AU. I wonder if they turned off notifications for removal for you because of that one or something?

Maybe.  To be clear, I think I have been notified to remove AU's by automatic portal email in the past.  But it's not 100% of the time, which is odd but instructive.  :shrug:

I got email notification of the first couple, but it seems like they've turned that feature off.  Now I have to note the removal date and set myself a reminder.


What happens if you don't charge anything on a card during the billing period? I don't regularly use one of my cards so I set a reminder to charge one thing to it, then schedule payment for the due date. Billing cycle just ended so I went to schedule payment and apparently I fucked up and didn't make a charge this month because my balance is $0. So that card won't report anything? How does this affect the tradeline?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 16, 2018, 01:03:35 PM
I would expect that if you had zero balance, it wouldn't report.  If the buyer needed that report to up his score, that didn't happen, so he's going to want his money back so you're not getting paid.

If you're lucky, the buyer already took a snapshot of his score and whoever he's trying to buy from already checked and recorded his score from a previous month and he actually doesn't need it anymore, in which case, you'd be in the clear.

When I have an AU, I go buy $10 in gas on each card with an AU on it in one visit.  That way, it's done. 

I actually do the same thing with my low balance forgiveness card.  Pump in $0.95, then $1.99 with another, then $0.93 with another.....  I do tend to pick dead times of the day to do that and if the station gets busy, I stop and mark my list for cards used, then resume next time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 16, 2018, 01:14:27 PM
It depends. I've had them report with no charge on it. It definitely helps to have the charge, to help make sure it reports, but it's not guaranteed to not post if it doesn't. You'll pretty much just have to wait and see.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 16, 2018, 01:42:43 PM
I would expect that if you had zero balance, it wouldn't report.  If the buyer needed that report to up his score, that didn't happen, so he's going to want his money back so you're not getting paid.

If you're lucky, the buyer already took a snapshot of his score and whoever he's trying to buy from already checked and recorded his score from a previous month and he actually doesn't need it anymore, in which case, you'd be in the clear.

When I have an AU, I go buy $10 in gas on each card with an AU on it in one visit.  That way, it's done. 

I actually do the same thing with my low balance forgiveness card.  Pump in $0.95, then $1.99 with another, then $0.93 with another.....  I do tend to pick dead times of the day to do that and if the station gets busy, I stop and mark my list for cards used, then resume next time.

BoA doesn't have an auto payment option (it's the only card that doesn't) so I have to log on manually and schedule a payment.  I have a monthly reminder set up for the day after closing and I log on an schedule the full payment for the due date.  I usually leave the reminder up on my phone and just make my next purchase charged to the card, then I clear out the reminder.  I may lose some cash back by using my BoA 1% card instead of a better card for whatever the next purchase is, but the tradeline income easily makes that worthwhile.  Between my crazy ass busy job, and my crazy ass wife, and my crazy ass infant that is having sleep issues I am just floating through life like a zombie on auto pilot.  I pretty much just move from task to task constantly chugging my way through life without much thought about anything.  If it's important I write it down on a list or create a reminder for it, and then I clear that mental bandwidth and don't worry about it until I get reminded or I'm crossing items off my list.  I thought I made a charge to the card and cleared the reminder, but apparently I never charged anything.  I did add an AU before the closing date (but after last month's closing date), so I would expect that if this $0 balance didn't post that they would see no change in their score.  I'm hoping it posts anyway.  So far it is listed as neither "posted" or "did not post" in my portal.

I did have a weird thing happen with my other card a couple months back (I made several posts about it).  Got 2 orders right before the closing date (like 1 days notice), but I was busy and did not get around to adding them to the card until AFTER the closing date of the card and was told by the tradeline company that I would not be getting paid as I added them after the date so they needed to add them to someone else's card immediately rather than waiting for another month for my next closing date. But then before my next closing date one of the AU was listed as "posted" and one as "did not post".  I have no idea how one was different from the other since I added them in the same phone call.  Also not sure how one was "posted" since I added him after my closing date (and it was "posted" before my next closing date).

Hopefully they don't boot me from the program for being unreliable and flaky. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on August 16, 2018, 01:58:41 PM
Also no longer receiving notifications for removing AUs from "new company." Shrug.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 16, 2018, 06:02:49 PM
Talked to the TL company about the notifications. They believe everything is working as normal, but people not getting notifications are likely expecting them for Capital One or US Bank, both of which are on hold (apparently even from removing AUs) due to ongoing audits. I guess removing AUs right now during the audit may raise a red flag?  I guess this was mentioned in a recent email newsletter they sent out.

Additionally, B of A, Capital One, and Chase cards require AUs to stay on for 75 days after the card reports (approximately 82 days from the add request), rather than 60 days of other issuers.

Email them if you have any questions, or PM me and I can try to get it addressed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 16, 2018, 07:31:00 PM
I am still being instructed in my portal to remove au on a specific date but I never get notifications via email.  This applies to my boa and Citi cards with new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 16, 2018, 08:28:03 PM
I am still being instructed in my portal to remove au on a specific date but I never get notifications via email.  This applies to my boa and Citi cards with new company.

Do you get the texts?

I got an email/text today. If it's just the emails not showing up, maybe your ISP is filtering them as spam or something?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on August 16, 2018, 08:56:32 PM
Talked to the TL company about the notifications. They believe everything is working as normal, but people not getting notifications are likely expecting them for Capital One or US Bank, both of which are on hold (apparently even from removing AUs) due to ongoing audits. I guess removing AUs right now during the audit may raise a red flag?  I guess this was mentioned in a recent email newsletter they sent out.

Additionally, B of A, Capital One, and Chase cards require AUs to stay on for 75 days after the card reports (approximately 82 days from the add request), rather than 60 days of other issuers.

Email them if you have any questions, or PM me and I can try to get it addressed.

Related to the Capital One ongoing audit. I had an old AU (new company) that I hadn't removed because of the audit, that Capital One removed for me because he was in "legal trouble". Probably shouldn't try using that card for a while. And my other one was shut down, so now I'm card-less with respect to tradelines. But in another year, a bunch of my cards will turn 2 years old.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 16, 2018, 11:39:03 PM
I am still being instructed in my portal to remove au on a specific date but I never get notifications via email.  This applies to my boa and Citi cards with new company.

Do you get the texts?

I got an email/text today. If it's just the emails not showing up, maybe your ISP is filtering them as spam or something?

I don't get any texts; I didn't know text notifications were an option.  I still get email notifications to add new AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 17, 2018, 05:03:46 AM

BoA doesn't have an auto payment option (it's the only card that doesn't) so I have to log on manually and schedule a payment.

I have 4 BoA cards and they're all on auto payment.  They could be cumbersome or somewhat hidden to get to, but they're definitely there somehwere.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 17, 2018, 06:42:32 AM

BoA doesn't have an auto payment option (it's the only card that doesn't) so I have to log on manually and schedule a payment.

I have 4 BoA cards and they're all on auto payment.  They could be cumbersome or somewhat hidden to get to, but they're definitely there somehwere.

There is an auto payment option but only for a fixed dollar amount, I cannot choose to pay the balance in full.  Legend has it that it can technically be done if I want to call boa and request a special form that I fax back after filling out with my bank details and signing.  I thought I was going crazy  because surely they must have auto payment option like every other card in  existence? but no, they make it intentionally cumbersome.  I decided to boycott boa rather than jump through those hopes so I didn't use the card for several years.  I've only started using it again since I started selling tradelines and they still have no auto payment option
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 17, 2018, 06:45:33 AM
Do you use Amazon ever? Set up an Amazon gift card balance auto fill for $2, and a BofA auto pay for $2.

Assuming you spend at least $24/yr on Amazon, you'll use the small gift balance eventually.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 17, 2018, 07:20:54 AM
Do you use Amazon ever? Set up an Amazon gift card balance auto fill for $2, and a BofA auto pay for $2.

Assuming you spend at least $24/yr on Amazon, you'll use the small gift balance eventually.

Not a bad idea, but the minimum appears to be $5

We spend hundreds (maybe thousands) annually on Amazon.  Probably our number 1 retailer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 17, 2018, 07:22:09 AM
Good to know. Same principle though.

I'm betting most people in the US, on this forum, that don't boycott Amazon spend at least $60/yr there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on August 17, 2018, 07:55:41 AM
Would the new or old company take cards with high limits (>15k) but are only 1 year old? I know the used to but I am not sure now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 17, 2018, 08:15:37 AM
Good to know. Same principle though.

I'm betting most people in the US, on this forum, that don't boycott Amazon spend at least $60/yr there.

This worked out surprisingly well because now I won't have a variable balance each month with BoA, I'll have exactly $5 so I can set up auto pay for $5 which I already did.  Manually scheduled october's payment, and starting november it will be on auto pay.  I wish I would have done this before.  I could have potentially prevented a $175 fuck up from happening.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 17, 2018, 09:40:23 AM

BoA doesn't have an auto payment option (it's the only card that doesn't) so I have to log on manually and schedule a payment.

I have 4 BoA cards and they're all on auto payment.  They could be cumbersome or somewhat hidden to get to, but they're definitely there somehwere.

There is an auto payment option but only for a fixed dollar amount, I cannot choose to pay the balance in full.  Legend has it that it can technically be done if I want to call boa and request a special form that I fax back after filling out with my bank details and signing.  I thought I was going crazy  because surely they must have auto payment option like every other card in  existence? but no, they make it intentionally cumbersome.  I decided to boycott boa rather than jump through those hopes so I didn't use the card for several years.  I've only started using it again since I started selling tradelines and they still have no auto payment option

I am set up for autopay balance in full on my BofA cards, and I didn't have to fax anything.  They do make it quite tricky to set up, though.  IIRC it's a two step process of enabling e-bills and then doing the autopay but they don't call it autopay.

I don't know if it's still true but years ago BofA used to have different IT setups for different states and regions.  If that is still so, it may be a YMMV situation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mesmoiselle on August 17, 2018, 09:52:35 AM
My mustachian problem of the day is that my oldest card I want to start selling Tradelines on declined raising the limit due to low utilization of the card. I guess my monthly charity contribution for the last two years to keep the account "active" is meaningless. Now I will have to switch spending over to it for a month? one billing cycle? before requesting again. Wonder how much is "enough."

Anybody got a clue?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on August 17, 2018, 09:54:42 AM
My mustachian problem of the day is that my oldest card I want to start selling Tradelines on declined raising the limit due to low utilization of the card. I guess my monthly charity contribution for the last two years to keep the account "active" is meaningless. Now I will have to switch spending over to it for a month? one billing cycle? before requesting again. Wonder how much is "enough."

Anybody got a clue?

I have exactly the same problem. My plan is to switch to that card until I'm allowed to ask for a CL increase again, 6 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mesmoiselle on August 17, 2018, 10:15:17 AM
My mustachian problem of the day is that my oldest card I want to start selling Tradelines on declined raising the limit due to low utilization of the card. I guess my monthly charity contribution for the last two years to keep the account "active" is meaningless. Now I will have to switch spending over to it for a month? one billing cycle? before requesting again. Wonder how much is "enough."

Anybody got a clue?

I have exactly the same problem. My plan is to switch to that card until I'm allowed to ask for a CL increase again, 6 months.

I did a double take at your 6 months before requesting again, and went to go look at my rejection letter. 6 months only comes up as the wait time if the limit got changed. Since I was rejected, not approved for "too little" There is no wait time for me so far as I can see based off the letter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on August 17, 2018, 10:18:30 AM
My mustachian problem of the day is that my oldest card I want to start selling Tradelines on declined raising the limit due to low utilization of the card. I guess my monthly charity contribution for the last two years to keep the account "active" is meaningless. Now I will have to switch spending over to it for a month? one billing cycle? before requesting again. Wonder how much is "enough."

Anybody got a clue?

I have exactly the same problem. My plan is to switch to that card until I'm allowed to ask for a CL increase again, 6 months.

I did a double take at your 6 months before requesting again, and went to go look at my rejection letter. 6 months only comes up as the wait time if the limit got changed. Since I was rejected, not approved for "too little" There is no wait time for me so far as I can see based off the letter.

Well, I wonder how many months of elevated activity they would like to see before granting the request? My guess is 1 month is too low; 6 months is probably more in the range.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mesmoiselle on August 17, 2018, 10:23:54 AM
..... declined raising the limit due to low utilization of the card.....Now I will have to switch spending over to it for a month? one billing cycle? before requesting again. Wonder how much is "enough." Anybody got a clue?
I have exactly the same problem. My plan is to switch to that card until I'm allowed to ask for a CL increase again, 6 months.
I did a double take at your 6 months before requesting again, and went to go look at my rejection letter. 6 months only comes up as the wait time if the limit got changed. Since I was rejected, not approved for "too little" There is no wait time for me so far as I can see based off the letter.

Well, I wonder how many months of elevated activity they would like to see before granting the request? My guess is 1 month is too low; 6 months is probably more in the range.

That's a long time to go without my consistent/confirmed 3-5% cash back and I still got some Churning to do. I think I will go two billing cycles, then ask again. There is no time limit on the asking. But if I want them to raise it super high, then I should probably get it up to the max and keep it there for two cycles (paying off in full, obviously.)

*scratches head* do I even have enough bills to do that... good thing I got a deal going where I let my BIL charge his bills to my card and he pays me cash, I may just be able to hack it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ravevan on August 17, 2018, 10:43:17 AM
Can you remove an authorized user from Citi via secure message? Has anyone tried and succeeded in it? Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 17, 2018, 10:48:57 AM

BoA doesn't have an auto payment option (it's the only card that doesn't) so I have to log on manually and schedule a payment.

I have 4 BoA cards and they're all on auto payment.  They could be cumbersome or somewhat hidden to get to, but they're definitely there somehwere.


There is an auto payment option but only for a fixed dollar amount, I cannot choose to pay the balance in full.  Legend has it that it can technically be done if I want to call boa and request a special form that I fax back after filling out with my bank details and signing.  I thought I was going crazy  because surely they must have auto payment option like every other card in  existence? but no, they make it intentionally cumbersome.  I decided to boycott boa rather than jump through those hopes so I didn't use the card for several years.  I've only started using it again since I started selling tradelines and they still have no auto payment option

I am set up for autopay balance in full on my BofA cards, and I didn't have to fax anything.  They do make it quite tricky to set up, though.  IIRC it's a two step process of enabling e-bills and then doing the autopay but they don't call it autopay.

I don't know if it's still true but years ago BofA used to have different IT setups for different states and regions.  If that is still so, it may be a YMMV situation.

https://thefinancebuff.com/autopay-bank-america-credit-card.html

Apparently there are two options, both somewhat convoluted, to set up auto pay.  When I last inquired I was informed about filling out the form that I had to fax (or snail mail) back, and it took at least 1 billing cycle to set up.  Technically doable, but my response at the time was "fuck you boa, how about I just never use your card again" just out of spite for them making it so damn difficult.  Literally every other bill I have can be set up to auto pay in the full amount perpetually with just a few minutes and a few clicks.

Since I'll be charging an exact amount ($5 amazon gift card) every month I am just going to use their set amount auto pay.  I won't ever use the account outside of that $5 purchase, mostly out of spite, but also because the rewards are garbage.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 17, 2018, 10:50:40 AM
Can you remove an authorized user from Citi via secure message? Has anyone tried and succeeded in it? Thanks.

Yes.  That is now how the new company instructs you to remove AU from citi now.  I removed my last 2 that way.  I got a notification about 15 minutes after I sent the message that the AU had been removed.  So much easier than calling in and dealing with citi. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on August 17, 2018, 12:25:07 PM
BoA doesn't have an auto payment option (it's the only card that doesn't) so I have to log on manually and schedule a payment.  I have a monthly reminder set up for the day after closing and I log on an schedule the full payment for the due date.  I usually leave the reminder up on my phone and just make my next purchase charged to the card, then I clear out the reminder.  I may lose some cash back by using my BoA 1% card instead of a better card for whatever the next purchase is, but the tradeline income easily makes that worthwhile.  Between my crazy ass busy job, and my crazy ass wife, and my crazy ass infant that is having sleep issues I am just floating through life like a zombie on auto pilot.  I pretty much just move from task to task constantly chugging my way through life without much thought about anything.  If it's important I write it down on a list or create a reminder for it, and then I clear that mental bandwidth and don't worry about it until I get reminded or I'm crossing items off my list.  I thought I made a charge to the card and cleared the reminder, but apparently I never charged anything.  I did add an AU before the closing date (but after last month's closing date), so I would expect that if this $0 balance didn't post that they would see no change in their score.  I'm hoping it posts anyway.  So far it is listed as neither "posted" or "did not post" in my portal.
I don't usually pay any my credit cards through the issuer's website, I pay them through bill pay on my Capital One 360 account. Capital One 360 is set up to receive the bill electronically and automatically set up the payment to pay off the balance. You might see if you can set up BoA to be paid off automatically like this. I prefer this over having the issuer pull the payment because the scheduled payment shows up in my Capital One 360 account allowing me to project future balances of the account more easily.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on August 17, 2018, 01:59:37 PM

https://thefinancebuff.com/autopay-bank-america-credit-card.html

Apparently there are two options, both somewhat convoluted, to set up auto pay.  When I last inquired I was informed about filling out the form that I had to fax (or snail mail) back, and it took at least 1 billing cycle to set up.  Technically doable, but my response at the time was "fuck you boa, how about I just never use your card again" just out of spite for them making it so damn difficult.  Literally every other bill I have can be set up to auto pay in the full amount perpetually with just a few minutes and a few clicks.

Navigating Bank of America's site to set up credit card auto pay is like the search for the holy grail.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on August 17, 2018, 02:19:49 PM

https://thefinancebuff.com/autopay-bank-america-credit-card.html

Apparently there are two options, both somewhat convoluted, to set up auto pay.  When I last inquired I was informed about filling out the form that I had to fax (or snail mail) back, and it took at least 1 billing cycle to set up.  Technically doable, but my response at the time was "fuck you boa, how about I just never use your card again" just out of spite for them making it so damn difficult.  Literally every other bill I have can be set up to auto pay in the full amount perpetually with just a few minutes and a few clicks.

Navigating Bank of America's site to set up credit card auto pay is like the search for the holy grail.

Just don’t choose.... poorly
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on August 17, 2018, 06:53:43 PM

https://thefinancebuff.com/autopay-bank-america-credit-card.html

Apparently there are two options, both somewhat convoluted, to set up auto pay.  When I last inquired I was informed about filling out the form that I had to fax (or snail mail) back, and it took at least 1 billing cycle to set up.  Technically doable, but my response at the time was "fuck you boa, how about I just never use your card again" just out of spite for them making it so damn difficult.  Literally every other bill I have can be set up to auto pay in the full amount perpetually with just a few minutes and a few clicks.

Navigating Bank of America's site to set up credit card auto pay is like the search for the holy grail.

Glad I'm not the only one who has trouble with BOA's site.  Their business card dashboard is really strange too with a Corp Account and then a separate account for your card.  I don't know why they need to make everything so difficult.

On a different subject....Madfientist posted an article today with his account, who is an expert on the new 20% passthrough deduction (he actually wrote a book on how to maximize it).  In the comments he said that as long as you report tradeline sales on a Schedule C correctly, they should qualify for the passthrough deduction. 

Comments are here: https://www.madfientist.com/section-199a/#comments

I don't know how to link to a specific comment, but if you search "tradeline" you can find it.  If anyone has more specific questions to ask him regarding this, now would be a good time as he seems to be responding to most comments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on August 21, 2018, 01:09:42 PM
Have had a couple adds with my 2 Discover cards recently.  Just added an AU to one of them yesterday, the add seemed to go through fine online.  Today I get a call from Discover's fraud prevention department.  Asked me if the AU's were added by me.  Yes.  What is your relationship with them?  Ahhh... business associates.... ?

They asked me to verify the last names of all the AU's on each card.  Anyway, I had my spreadsheet handy so I answered them fine and they let it all go through. 

But now I'm nervous. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on August 21, 2018, 01:30:38 PM
Have had a couple adds with my 2 Discover cards recently.  Just added an AU to one of them yesterday, the add seemed to go through fine online.  Today I get a call from Discover's fraud prevention department.  Asked me if the AU's were added by me.  Yes.  What is your relationship with them?  Ahhh... business associates.... ?

They asked me to verify the last names of all the AU's on each card.  Anyway, I had my spreadsheet handy so I answered them fine and they let it all go through. 

But now I'm nervous.

I had the same phone call the first time I added multiple AUs to my Discover card.  I confirmed the names and was fine for months and probably 20+ more AUs.  The card did eventually get closed though, but a long time after that phone call.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 21, 2018, 01:32:16 PM
Yep, got the same call from Discover for my first adds a few years ago. No issues, card is still open, still add AUs.

I wouldn't worry about it at all, just their fraud prevention making sure you were the one that added the AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 22, 2018, 02:50:23 PM
Old tradeline company is looking for cards with high limits (over 20k, at least 5 years old) or very old (over 8 years, any limit).

Companies: Discover, Barclays, US Bank, PNC, Capital One, USAA, NFCU, Bank of America, Chase

If you have a very old/high limit card (45k+, 8+ years old), they're offering a $200 signup bonus right now (actually a referral bonus, but if you use my signup info they'll send it to you when your first AU payment posts).

Overall, nothing's changed on my recommendations; I'd be using new company on cards that are 2+ years, 5k+ limits, or old company on 10k+/5+yr cards.

I continue to look into other companies, and check in with ones I've looked into before, to see if anything has changed and I can recommend them, but for now, still just these two. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on August 23, 2018, 07:04:38 AM
Is the 2-year age a hard and fast minimum?  I have a few 18-month old cards, including Duscover with $19k limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 23, 2018, 07:06:10 AM
Is the 2-year age a hard and fast minimum?  I have a few 18-month old cards, including Duscover with $19k limit.

It is not; they take cards that are only a year old if they have very high limits, or very old cards even with low limits.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 23, 2018, 08:03:29 AM
Don't miss the fact that this new offer accepts BoA.  (and Chase)  Although my BoA cards aren't old enough yet, I took the first step to prepare one of them.  I have 4 BoA cards.  I killed one that I only opened for the sign on bonus (come to think of it, all 4 would qualify the same way) and while I was there asked about moving the credit limit from one of the remaining cards to another.  BoA has 2 kinds of cards.  Some that are theirs, so they can slide credit limits from one to another and some that they just service and can't take the CL to put on another card.  For example, I killed the MLB card, which is a serviced card, so the CL could not be applied elsewhere.  AAA, Cash Rewards and Travel Rewards are all BoA cards, so it is possible to take most of the CL from AAA and move it to Cash Rewards.  Then take some of the CL from Travel Rewards and move it to Cash Rewards.  You don't need to cancel a card to take "some" of the credit limit and slide it to another card.  Note that the CSR has to try to do this.  It's not something they can see in advance.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 23, 2018, 09:15:56 PM
FYI, Barclays AU limit (if it exists) must be more than 36 AU's.  I had asked earlier in the thread and others mentioned or asked as well.  If I hit a limit, I will post again.

Happy 4th, yall!  :)
Closer to 50 ime

Sent from my Redmi 5 Plus using Tapatalk

I may have hit the limit on AUs for one of my Barclays cards.  The web site acted weird for a couple of days when I tried to add my last AU.  I have had this happen before one day but the next day it would work fine. 

I tried to do a product change through their messaging system and they told me there were no cards to convert to.  Someone mentioned a product change previously in the thread when you hit the limit.  Does anyone know how to do this successfully with Barclays?  Should I call and ask the same question?

@hay_otsuka Any ideas?  Thanks...

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: enalynom on August 24, 2018, 08:23:14 AM
I'm having my first real problem with a tradeline. This is with the old company.

After my information showed up on her credit report, one of my AUs called Citi and told them that they didn't know me. Citi put a fraud alert on my account. I called in and verified the names of the AUs and then they told me what happened. I wasn't sure what to do on the call, so I told them that I'd get back to them. I've got an email in to the tradeline company to see how to handle this.

I assume either one of two things is going on
1. Someone stole the person's identity and was using the tradeline to boost her credit score. She caught it and is trying to clean up the mess.
2. She signed up for the tradeline without understanding how it worked. Then she freaked out when she saw a stranger on her report.

I'm expecting #1 to be the case, but hoping for #2.



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on August 24, 2018, 10:14:11 AM
I assume either one of two things is going on
1. Someone stole the person's identity and was using the tradeline to boost her credit score. She caught it and is trying to clean up the mess.
2. She signed up for the tradeline without understanding how it worked. Then she freaked out when she saw a stranger on her report.

I'm expecting #1 to be the case, but hoping for #2.
Why would someone spend money boosting the credit score of a stolen identity?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on August 24, 2018, 10:30:40 AM
I assume either one of two things is going on
1. Someone stole the person's identity and was using the tradeline to boost her credit score. She caught it and is trying to clean up the mess.
2. She signed up for the tradeline without understanding how it worked. Then she freaked out when she saw a stranger on her report.

I'm expecting #1 to be the case, but hoping for #2.
Why would someone spend money boosting the credit score of a stolen identity?

So they can then go on to abuse it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on August 24, 2018, 11:41:47 AM
I'm having my first real problem with a tradeline. This is with the old company.

After my information showed up on her credit report, one of my AUs called Citi and told them that they didn't know me. Citi put a fraud alert on my account. I called in and verified the names of the AUs and then they told me what happened. I wasn't sure what to do on the call, so I told them that I'd get back to them. I've got an email in to the tradeline company to see how to handle this.

I assume either one of two things is going on
1. Someone stole the person's identity and was using the tradeline to boost her credit score. She caught it and is trying to clean up the mess.
2. She signed up for the tradeline without understanding how it worked. Then she freaked out when she saw a stranger on her report.

I'm expecting #1 to be the case, but hoping for #2.

Really strange. Just imagining the conversation between the AU and Citi -- I have a credit card on my CR of which I can only give you the last 4 digits. I don't have any such credit card could you tell me how it got there? And Citi then gave her all the information about the Primary Cardholder so she can verify if it sounds alright. She would not see any of the primary cardholder's information on her CR. Sometimes the address might show up on her CR but it usually takes a couple of cycles. I'm wondering if this is part of some other elaborate scheme. It's a jungle out there ...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: I_want_to_make_a_million on August 24, 2018, 12:25:29 PM
I'm having my first real problem with a tradeline. This is with the old company.

After my information showed up on her credit report, one of my AUs called Citi and told them that they didn't know me. Citi put a fraud alert on my account. I called in and verified the names of the AUs and then they told me what happened. I wasn't sure what to do on the call, so I told them that I'd get back to them. I've got an email in to the tradeline company to see how to handle this.

I assume either one of two things is going on
1. Someone stole the person's identity and was using the tradeline to boost her credit score. She caught it and is trying to clean up the mess.
2. She signed up for the tradeline without understanding how it worked. Then she freaked out when she saw a stranger on her report.

I'm expecting #1 to be the case, but hoping for #2.

Really strange. Just imagining the conversation between the AU and Citi -- I have a credit card on my CR of which I can only give you the last 4 digits. I don't have any such credit card could you tell me how it got there? And Citi then gave her all the information about the Primary Cardholder so she can verify if it sounds alright. She would not see any of the primary cardholder's information on her CR. Sometimes the address might show up on her CR but it usually takes a couple of cycles. I'm wondering if this is part of some other elaborate scheme. It's a jungle out there ...


You would think the bank would be more careful with your information but I suppose once a person is an authorized user on your card, they are entitled into that info because we are supposed to know them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on August 24, 2018, 04:08:32 PM
I assume either one of two things is going on
1. Someone stole the person's identity and was using the tradeline to boost her credit score. She caught it and is trying to clean up the mess.
2. She signed up for the tradeline without understanding how it worked. Then she freaked out when she saw a stranger on her report.

I'm expecting #1 to be the case, but hoping for #2.
Why would someone spend money boosting the credit score of a stolen identity?

Do some research on synthetic identities. We have discussed it on this thread before. This is the reason you want to use a good tradeline company that verifies authorized users are real people.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 24, 2018, 10:04:27 PM
Is there a way to easily check whether the identity is synthetic or at least look for potential signs? For example, if SSN was issued around the same year as the AU's birthday or one or two years after, could it still be a synthetic identity?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: enalynom on August 24, 2018, 10:12:21 PM
This went much smoother than I expected.

Leslie from the old tradeline company contacted the AU. The AU said that they saw it on their credit report, assumed it was fraudulent, and tried to remove themselves from the card. She said that it didn't seem like the AU fully understood how the tradeline process worked.

I doubt there is anything a tradeline company can do to prevent something like this from happening. She didn't say whether something like this had happened before, but she said it is very uncommon. This is how they've handled it.
"contacting the lenders is strictly against our policy and voids their contract...we have a 0 tolerance policy...They will not receive any refunds or be able to place any future orders"

She's also going to put my Citi cards on hold for a couple of months to be safe.

Leslie assured me that there was no way for the AU to get my name from the tradeline company or the credit report. The credit report would only show the credit card issuer and possibly the card holder's address. She was able to check the AU's Experian credit report and my address is on it. The AU was added on 7/19, my statement closing date was 7/25, and it showed up on her credit report on or before 8/23. So it showed up after just one cycle. She said that she didn't think that Citi would give the AU my name, but that it is possible because of human error. She theorized that the fraud specialist meant that the AU didn't know what my name was, not that she didn't recognize my name. It's also possible that that's what they told me and I just misunderstood them. So either Citi didn't actually give the AU my name or they failed an unintentional social engineering test.  After the dust settles, I might call Citi back and try to get some answers about whether they gave the AU my name.

Leslie recommended that I just use the secure message to remove the AU instead of calling Citi. Since I knew what had happened, I decided to go ahead and call them. It didn't seem like just removing the AU would remove the alert and I figured I could talk my way through it. After answering all their questions they removed the fraud alert from my account. In case anyone else runs into a similar situation, this is what they asked me:
1. They asked more than the normal amount of questions to verify who I was. Including questions about my other Citi card that wasn't involved in the "fraud".
2. Why did I end the call the previous day? - I explained that I wanted to contact the AU about it
3. What is my relationship with the AU? - Business Associate
4. Why didn't the AU didn't know who I was ?- I basically said "I don't know" and the fraud specialist laughed it off.


Can you remove an authorized user from Citi via secure message? Has anyone tried and succeeded in it? Thanks.
Coincidentally, the old company addressed this during our communication. If this is correct, then using a secure message should work to remove a tradeline for any issuer.
"All I would advise you to do is to email Citibank using their secure email function in your Citibank portal asking them to remove the AU from your account. There's an example of removing an AU online in the attached Adding AUs pdf. Due to ADA regulations, bank issuers have to accept secure messages the same way they would accept phone calls"

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on August 25, 2018, 07:45:17 AM
Leslie assured me that there was no way for the AU to get my name from the tradeline company or the credit report. The credit report would only show the credit card issuer and possibly the card holder's address. She was able to check the AU's Experian credit report and my address is on it.
It is certainly possible to get your name from a home address. I'm surprised you've never tried that before. Very easy if the locality has a GIS portal tied to Recorder's Office records. It's public information after all. Now if you bought the house via a trust, corporation or some other legal entity, that's an extra level they'd have to dig.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 25, 2018, 08:26:25 AM
This went much smoother than I expected.

Thanks for the update!

Really weird behavior by the AU.

Likely they were cleaning up their credit report trying to boost their score, added a tradeline at the same time, then saw the new address hit (maybe got an alert from a monitoring company) and went "gotta remove that!" without registering it was the tradeline they bought. Maybe not understanding how the tradeline worked or would bump their score.

I think I recall that happening once before to someone (maybe in the first thread?), but it does seem very rare.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: enalynom on August 25, 2018, 05:57:45 PM
Leslie assured me that there was no way for the AU to get my name from the tradeline company or the credit report. The credit report would only show the credit card issuer and possibly the card holder's address. She was able to check the AU's Experian credit report and my address is on it.
It is certainly possible to get your name from a home address. I'm surprised you've never tried that before. Very easy if the locality has a GIS portal tied to Recorder's Office records. It's public information after all. Now if you bought the house via a trust, corporation or some other legal entity, that's an extra level they'd have to dig.

I hadn't thought about that, but you're right. My name is easy to find by searching for my address on my county's property value assessment site.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on August 25, 2018, 09:44:21 PM
If you want to find a persons name from an address here is an easy way to do it.

https://www.truepeoplesearch.com/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 26, 2018, 07:24:44 AM
If you want to find a persons name from an address here is an easy way to do it.

https://www.truepeoplesearch.com/

Thank you for this link.  BTW you can submit a removal request if you don't want your name to be found using an address or phone number. I did it for myself, will see how it goes.

Of course, i'm sure there are other sources people can use to look up this information.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: threepacballer on August 27, 2018, 11:30:03 AM
I just got three new add's from new company. Two on my Discover and one from Chase.

Question on Chase card. I added via the website. There was no place for SS#. I got an email from Chase fraud that it was added and to call if I did not. Since they don't have social how do they give history to that person or do I have to call to add that?

On my Discover adds the website would not take their addresses so I had to call. One was added immediately and they said they would get back to me on the other once they verify the person.

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 27, 2018, 02:05:16 PM
Question on Chase card. I added via the website. There was no place for SS#. I got an email from Chase fraud that it was added and to call if I did not. Since they don't have social how do they give history to that person or do I have to call to add that?

No need to call.  They should be able to match it to the AU via name, DOB, and AU address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on August 27, 2018, 04:04:01 PM
Does anyone have info on the old company? I would like to try some cards there. I think they ran a promotion a few months back
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 27, 2018, 04:11:43 PM
Does anyone have info on the old company? I would like to try some cards there. I think they ran a promotion a few months back

PM sent.

Reminder, if anyone is wanting info on the TL companies I recommend (or don't), or have any other questions, feel free to Click Here To Send Me a PM (http://forum.mrmoneymustache.com/pm/?sa=send;u=25)

Latest info was posted here (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2112860/#msg2112860):
Old tradeline company is looking for cards with high limits (over 20k, at least 5 years old) or very old (over 8 years, any limit).

Companies: Discover, Barclays, US Bank, PNC, Capital One, USAA, NFCU, Bank of America, Chase

If you have a very old/high limit card (45k+, 8+ years old), they're offering a $200 signup bonus right now (actually a referral bonus, but if you use my signup info they'll send it to you when your first AU payment posts).

Overall, nothing's changed on my recommendations; I'd be using new company on cards that are 2+ years, 5k+ limits, or old company on 10k+/5+yr cards.

I continue to look into other companies, and check in with ones I've looked into before, to see if anything has changed and I can recommend them, but for now, still just these two. :)

The signup bonus with old company right now as mentioned there is for very old/very high limit cards if you use my referral.

Even if you don't get a signup bonus though, if you have cards that can do AU sales, well worth enrolling them with one of those companies, IMO. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 28, 2018, 07:53:19 AM
Can anyone advise me on Elan cards?  I added an AU by phone and it did not work.  They took SSN but I was confused by their handling of cards...  Should I supply the AU's address over the phone?  If so, how do I stop the card from going to that address?  Elan's process is a bit behind some of the other companies, it seems to me. 

Thanks for any info!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 28, 2018, 10:03:39 AM
When you add an AU's address, the card should not be sent to them. You should always confirm this with the customer support person (that the card will be mailed to you), but this is standard practice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 28, 2018, 10:10:00 AM
When you add an AU's address, the card should not be sent to them. You should always confirm this with the customer support person (that the card will be mailed to you), but this is standard practice.

Thanks!  The Elan web site had some strange warnings on their AU screen that I probably took too seriously. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on August 28, 2018, 01:34:44 PM
Can anyone advise me on Elan cards?  I added an AU by phone and it did not work.  They took SSN but I was confused by their handling of cards...  Should I supply the AU's address over the phone?  If so, how do I stop the card from going to that address?  Elan's process is a bit behind some of the other companies, it seems to me. 

Thanks for any info!

Were you able to successfully add the AU? 

I just added my Fidelity/Elan card.  New Company was wary of the Fidelity card possibly not working.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 28, 2018, 05:48:15 PM
Can anyone advise me on Elan cards?  I added an AU by phone and it did not work.  They took SSN but I was confused by their handling of cards...  Should I supply the AU's address over the phone?  If so, how do I stop the card from going to that address?  Elan's process is a bit behind some of the other companies, it seems to me. 

Thanks for any info!

Were you able to successfully add the AU? 

I just added my Fidelity/Elan card.  New Company was wary of the Fidelity card possibly not working.

Sorry but this was about 2 weeks ago, so I missed out on the "sale".  I think it did work but didn't post due to address.  I wasn't focused on address since they took the AU's SSN.  Next time, I will give both and stipulate the card should be sent to me.

I am with "old" company but the same rules should apply.  Mine is also the Fidelity card.

Good luck
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mesmoiselle on August 28, 2018, 07:37:02 PM
You know that story a couple pages ago where a Tradeline Customer got their own tradeline closed by calling and asking about it, thinking it was fraud?

And there I was, rolling my eyes, thinking "wow, people are so dumb."

Well, my brother gets to join the "wow, people are so dumb" group. Because he called the CC company to inquire about this "card he thought he'd closed nearly a decade ago." Ya know, the one I'd added him onto and given details about how it worked and why I was interested in getting into Tradelines. yep, that one.

HE says that the folks on the phone marked it as Fraud and informed him the card issued was turned off and they'd be sending a new one to my address.

I haven't heard a peep from my CC issuer about any of it. No email or phone call. I guess we'll see if I get a new card in the mail with his name on it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 28, 2018, 07:38:37 PM
Bahaha. Makes for a good story to rib your brother about at least.  :D

I'm definitely interested to hear if you hear from the CC company, or a new card arrives. Update us either way in a few weeks, please.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on August 29, 2018, 04:46:25 PM
I attempted to add my first Barclay AU online, but I noticed that my psychical address was slightly inaccurate, so I fixed that first to make sure the card would be sent correctly to me.  That update locked me out of adding an AU online, so I had to call in.  The call went fine, but I did have the agent ask me if the person was a U.S. Citizen.  I said Yeah.  I later discovered on page 25 of this thread that this was brought up and ARS stated the New company only deals with U.S. Citizens.  Just curious, does the same hold true with the Old company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 29, 2018, 04:48:43 PM
Yep.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on August 30, 2018, 12:41:31 PM
I didn't want to keep blowing up Joe's inbox. For Chase cards, if you are caught they close all of your cards, do they also ban you from opening cards in the future or no?

I think as a churner, I probably will never be able to get another chase card anyway due to 5/24 (I currently have 3). So i think my best play is to transfer out all my reward points, or use them all. Then sell AUs until I get caught. Does this sound like the best course?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Percolate on August 30, 2018, 12:56:30 PM
So I've generally tried to keep things simple and I've only had one credit card for the past 7 years, but never had a late payment and a good credit score. New to the forum and just learned about this and if I can leverage my existing behavior into mostly passive income, I'm pretty interested. I don't want to use my main credit card since I've read Chase can come down on you pretty hard if caught but I'm willing to be patient. If I'd like to open a credit card (or multiple ones) and wait the years necessary for them to be usable on this, which credit cards would be best? Or are any of the eleven issuers listed in the first post equally good still?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 30, 2018, 12:56:56 PM
I didn't want to keep blowing up Joe's inbox.

It's fine. PMs are easy to respond to.

Quote
For Chase cards, if you are caught they close all of your cards, do they also ban you from opening cards in the future or no?

Yep, Chase will blacklist you. They are the only company, currently that we know of, that does that. The other companies just close the one card but don't close the other ones or prevent you from opening more.

Quote
I think as a churner, I probably will never be able to get another chase card anyway due to 5/24 (I currently have 3). So i think my best play is to transfer out all my reward points, or use them all. Then sell AUs until I get caught. Does this sound like the best course?

If you don't care about burning your Chase cards/relationship, sure. Spend or transfer the points, then add AUs. I'd try to still keep it only to like 2 AUs per 4 months, to stretch it as long as possible, but do whatever the TL companies will let you and you're comfortable with. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 30, 2018, 12:57:36 PM
So I've generally tried to keep things simple and I've only had one credit card for the past 7 years, but never had a late payment and a good credit score. New to the forum and just learned about this and if I can leverage my existing behavior into mostly passive income, I'm pretty interested. I don't want to use my main credit card since I've read Chase can come down on you pretty hard if caught but I'm willing to be patient. If I'd like to open a credit card (or multiple ones) and wait the years necessary for them to be usable on this, which credit cards would be best? Or are any of the eleven issuers listed in the first post equally good still?

IMO, Barclays. All adds/removes online, never seem to shut anyone down. They do have a hard cap, but you get a lot of sales before that happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Percolate on August 30, 2018, 01:12:02 PM
So I've generally tried to keep things simple and I've only had one credit card for the past 7 years, but never had a late payment and a good credit score. New to the forum and just learned about this and if I can leverage my existing behavior into mostly passive income, I'm pretty interested. I don't want to use my main credit card since I've read Chase can come down on you pretty hard if caught but I'm willing to be patient. If I'd like to open a credit card (or multiple ones) and wait the years necessary for them to be usable on this, which credit cards would be best? Or are any of the eleven issuers listed in the first post equally good still?

IMO, Barclays. All adds/removes online, never seem to shut anyone down. They do have a hard cap, but you get a lot of sales before that happens.

Thanks, I'll check it out! To clarify, by hard cap, you mean there's a limit to the total number of authorized users that can be added over the lifetime of the card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 30, 2018, 01:29:49 PM
Yeah. It's not exactly known, but somewhere between 35-50? After that, they just won't let you add any more. But they don't shut down the card even then.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on August 30, 2018, 02:08:08 PM
Yeah. It's not exactly known, but somewhere between 35-50? After that, they just won't let you add any more. But they don't shut down the card even then.


35-50 for the life of the card?

or 35-50 added to the card at once?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 30, 2018, 02:34:58 PM
Barclays told me I hit the max this week.  I have added between 35-40 AU's.  Not sure of the exact # as I had previously added a couple of family members.

The rep quoted 25 as the limit but I know I exceeded that.

It was my best seller...  So sad.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 30, 2018, 02:51:17 PM
Yeah. It's not exactly known, but somewhere between 35-50? After that, they just won't let you add any more. But they don't shut down the card even then.


35-50 for the life of the card?

or 35-50 added to the card at once?

Lifetime. You won't have more than 3-5 at a time, and probably more like 2.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hay_otsuka on August 30, 2018, 08:06:43 PM
Barclays told me I hit the max this week.  I have added between 35-40 AU's.  Not sure of the exact # as I had previously added a couple of family members.

The rep quoted 25 as the limit but I know I exceeded that.

It was my best seller...  So sad.
If you can get them to upgrade or downgrade you eg arrival to plus it sometimes resets ime

Sent from my Redmi 5 Plus using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on August 30, 2018, 10:17:44 PM
so lesson is, open as many barclays cards as you can :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 31, 2018, 07:05:54 AM
Absolutely! I don't know if it's the fact that they are a British bank and could give two fucks about the tradeline industry or what, but I've definitely never had an issue with them. They are by far the easiest to add/remove users and they always post.

I've got 4 Barclay cards myself and 1 in Mrs. Ducky19's name. Three of mine are generating good sales and just starting to see sales on her card. I opened the last one just recently - it's the Uber card. I don't use Uber, but it had a $100 cash back after $500 spend and no annual fee, so I figured it would be a good one for tradelines. Definitely try to get as many Barclay cards as possible for tradeline sales, double up with a spouse if you can!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 31, 2018, 07:11:53 AM
Barclays told me I hit the max this week.  I have added between 35-40 AU's.  Not sure of the exact # as I had previously added a couple of family members.

The rep quoted 25 as the limit but I know I exceeded that.

It was my best seller...  So sad.
If you can get them to upgrade or downgrade you eg arrival to plus it sometimes resets ime

Sent from my Redmi 5 Plus using Tapatalk

Thanks.  I tried to do that or product change.  Unfortunately, this card had no options to change to.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 31, 2018, 08:46:10 AM
Absolutely! I don't know if it's the fact that they are a British bank and could give two fucks about the tradeline industry or what, but I've definitely never had an issue with them. They are by far the easiest to add/remove users and they always post.

I've got 4 Barclay cards myself and 1 in Mrs. Ducky19's name. Three of mine are generating good sales and just starting to see sales on her card. I opened the last one just recently - it's the Uber card. I don't use Uber, but it had a $100 cash back after $500 spend and no annual fee, so I figured it would be a good one for tradelines. Definitely try to get as many Barclay cards as possible for tradeline sales, double up with a spouse if you can!

I must be the odd man out data-point wise, but Barclay's has had me locked out of my account with them after adding an AU with New Company.  I had only added seven AUs to that Barclay's card.

The AU's are ready to come off and I've tried to call them but they don't answer the phone when I call.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 31, 2018, 08:49:40 AM
@secondcor521  Are you calling the # on the back of your card?  They are 24/7 and should answer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 31, 2018, 08:52:22 AM
@secondcor521  Are you calling the # on the back of your card?  They are 24/7 and should answer.

Yes, and the automated system answers my call.  But I put in the last four of my card and my birthdate, and I'm calling from my own phone number.  When I do that I think it is automatically routing my card to the fraud division, which is apparently not open 24/7.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: therethere on August 31, 2018, 09:09:46 AM
I thought you couldn't get tradelines for cards <2 years. Are you just opening cards two years early in anticipation of putting them up for tradelines later?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on August 31, 2018, 11:07:17 AM
I thought you couldn't get tradelines for cards <2 years. Are you just opening cards two years early in anticipation of putting them up for tradelines later?

Yeah, I did this.  I only have 1 barclays card i can use for tradelines unfortunately.  So this year I picked up a couple more, will probably open a couple more by end of year, and next year is my wife's year to churn, so after getting some chase cards will have her get some barclays too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on August 31, 2018, 11:48:49 AM
@arebelspy — finally got my referral from you (last cycle didn’t post properly) so thanks again for the free cash.

2x citi paid out $75 each. Did have to call to add the AUs. Easy $300.00.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 31, 2018, 01:27:09 PM
@secondcor521  Are you calling the # on the back of your card?  They are 24/7 and should answer.

Yes, and the automated system answers my call.  But I put in the last four of my card and my birthdate, and I'm calling from my own phone number.  When I do that I think it is automatically routing my card to the fraud division, which is apparently not open 24/7.

Really weird. First that Barclay's restricted, and second that you can't get ahold of them. I'll be curious what happens if/when you eventually do.


I thought you couldn't get tradelines for cards <2 years. Are you just opening cards two years early in anticipation of putting them up for tradelines later?

Yes, people are.

I first posted about TLs here just over two years ago, and some cards opened then are now two years old. Others are still opening now for potential future use. The "new" TL company has been in business 10 or 11 years now, and the "old" one for 6 or 7... so it doesn't seem like this is going to disappear overnight.

Also, the TL companies will take younger cards if they have a very large credit limit. So there are people with cards only a year old enrolled and getting sales.

@arebelspy — finally got my referral from you (last cycle didn’t post properly) so thanks again for the free cash.

2x citi paid out $75 each. Did have to call to add the AUs. Easy $300.00.

Awesome! Every little bit to throw at the student loans helps. :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 31, 2018, 07:06:30 PM
ETA:  But this does seem to indicate that the removal notices are either not fully automated or are not perfectly processed.  I think this is the second time I've had to ask about removing with New Company when the AU had been on a longer time that I thought.  I do know that I have an AU on one of my cards that they're wanting me to leave on for longer because of an ongoing audit...IIRC that is one with USBank.

Yeah, that's really weird. I've always gotten notified when it's time to remove an AU. I wonder if they turned off notifications for removal for you because of that one or something?

Maybe.  To be clear, I think I have been notified to remove AU's by automatic portal email in the past.  But it's not 100% of the time, which is odd but instructive.  :shrug:

I got email notification of the first couple, but it seems like they've turned that feature off.  Now I have to note the removal date and set myself a reminder.


What happens if you don't charge anything on a card during the billing period? I don't regularly use one of my cards so I set a reminder to charge one thing to it, then schedule payment for the due date. Billing cycle just ended so I went to schedule payment and apparently I fucked up and didn't make a charge this month because my balance is $0. So that card won't report anything? How does this affect the tradeline?

Looks like it ended up posting.  Looks like payment already landed in my bank account too, which is surprisingly fast.  Unless that was an old payment coming through, I haven't been keeping a very close eye on my accounts or reconciling anything so it might be from a previous one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: I_want_to_make_a_million on September 01, 2018, 09:11:37 AM
Do you have to be a U.S Citizen to sell tradelines? I have some friends in the UK who would like to participate in selling tradelines but most companies are U.S based.

It could raise a flag selling a tradeline to a U.S citizen and having a UK address pop up on their credit report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 01, 2018, 09:52:49 AM
Do you have to be a U.S Citizen to sell tradelines? I have some friends in the UK who would like to participate in selling tradelines but most companies are U.S based.

It could raise a flag selling a tradeline to a U.S citizen and having a UK address pop up on their credit report.

You do not need to be a US Citizen, but you need US credit cards. It doesn't work with non-US cards. Do any US credit cards let you have an overseas address for the mailing address?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: I_want_to_make_a_million on September 01, 2018, 12:24:06 PM
Do you have to be a U.S Citizen to sell tradelines? I have some friends in the UK who would like to participate in selling tradelines but most companies are U.S based.

It could raise a flag selling a tradeline to a U.S citizen and having a UK address pop up on their credit report.

You do not need to be a US Citizen, but you need US credit cards. It doesn't work with non-US cards. Do any US credit cards let you have an overseas address for the mailing address?


I see, thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: drcodes on September 02, 2018, 04:25:45 PM
Is there anything useful i can do with a couple long standing AMEX cards with high limits? Are any of the trade line companies accepting them? Thank you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 02, 2018, 04:36:28 PM
Is there anything useful i can do with a couple long standing AMEX cards with high limits? Are any of the trade line companies accepting them? Thank you.

Neither of the companies recommended by @arebelspy accept AMEX.  Probably the main reason for this is that when AMEX reports on an AU's credit report, AMEX does not report the original account opening date.  This means that the line shows up as a new large line rather than an old large line, so the helpful effect to the AU's credit score is limited.

About the only thing I can imagine that they would be useful for in terms of tradeline sales would be as leverage to request high limits from issuers that do work (such as Chase, Citi, Barclays, etc.).

I have several AMEX, but my strategy with those is to continually churn account opening bonuses on them.  AMEX makes this a bit difficult with the one-bonus-per-lifetime rule, but I can usually snag a few per year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on September 04, 2018, 09:18:26 AM
I use AmEx cards to help out friends/family since they're not paying me to do it. I've found that the higher limit cards ($20k plus) still have a significant impact even though they show up as a new account. I see it as a win/win, I can help them out without tying up a tradeline I could be making money from.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: djadziadax on September 05, 2018, 01:43:48 PM
Has anyone had success with AU  on Chase Sapphire Reserve? That card requires a $75 per AU, but perhaps that would make it less vulnerable to "audit?"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 05, 2018, 02:50:21 PM
Has anyone had success with AU  on Chase Sapphire Reserve? That card requires a $75 per AU, but perhaps that would make it less vulnerable to "audit?"

I have a CSR, but haven't tried AU's because of the $75 fee.  I doubt it would make it less vulnerable to audit or notice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 05, 2018, 04:25:10 PM
Doesn't seem worth it at all to pay to add AUs. They do that because they assume you'll be accumulating a lot more points on their premium card.

I wouldn't assume their detection algorithms for AUs and what sets off red flags for them would be any different though than on any of their other CCs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on September 07, 2018, 04:50:34 PM
Has anyone noticed long than average hold times for US Bank lately?

Every time I tried to call this week the automated message said they were experiencing longer than average hold times. I have been on hold this afternoon for over an hour now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 07, 2018, 06:11:35 PM
I'd add as much info as you have and they let you fill in.

In other words, if there's a space for it, and you have that info, put it in. Otherwise, don't worry about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 07, 2018, 10:26:43 PM
Dear All,

Please advise if a middle name needs to be used when adding an AU. I know that a general consensus here is to add a name just like it appears on SSN card, however I saw some situations when SSN card would have first and middle name, but what about a Capital one AU adding process for example - it doesnt even allow for a middle name. Also, i saw discrepancies b/n how an AU's name appears on their credit reports (and for example TU and EXp would have it differently) and on their SSN cards. So confusing...Many thanks!

How are you seeing the AU's credit reports?

FWIW, I did add an AU a while ago and because the agent misheard me on the phone, the last name was misspelled by one letter (there was a B substituted for a V).  It posted just fine and I got paid just fine.

I would agree with ARS and use the information the way the Company provides it to you on their website.  If you're doing private sales, good luck I guess, but those really aren't the subject of this thread IMHO.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on September 10, 2018, 11:52:59 AM
Hi, arebelspy and mustachians.
I'm on the page 19th of this thread and has been reading for 2 weeks now. So, I thought I will ask, it might take me 2 or 3 more weeks to catch up and see if anybody has asked the question.
It seems like the supply is too high to meet the demand (or the demand is too low), which seems it's only low because AUs don't know about the existence of such a thing as buying piggybacking spot. I'm sure there are way more people who would like to buy a slot than those who would like to sell. So, my question is, can we, mustachians, supply the demand? Can we post something on CL, have a bumpersticker or a flyer on our cars, at work places (for free)? Is it a conflict of interests, even if we don't give our direct contact, but the contact for the company. It could be without the contact, just the name of the company (I know we are not allowed to post it here, but maybe it's ok do post it in real world). Or we don't want to alert CL companies? I just think that if each of us added at least 5 AU a year, or at least tried, we are going to increase the pool of demand, and sales for everyone. What is the consensus on this subject?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 10, 2018, 01:42:07 PM
Yeah, you could do some free marketing for them. I think most of us just approach this very passively--get sales whenever they come in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 11, 2018, 07:34:44 AM
In between my work and the Subway restaurant that I go to at lunch time is a Bank of America.  Perhaps I'll bring in a folding table and stack of fliers and sit in the lobby one of these days to promote tradelines.  I've actually had one BoA tradeline sold, so why not?  What could possibly go wrong?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on September 11, 2018, 01:03:08 PM
In between my work and the Subway restaurant that I go to at lunch time is a Bank of America.  Perhaps I'll bring in a folding table and stack of fliers and sit in the lobby one of these days to promote tradelines.  I've actually had one BoA tradeline sold, so why not?  What could possibly go wrong?

Post it on B of A's facebook page.  I'm sure they won't mind.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: writerboy233 on September 12, 2018, 04:54:13 AM
Thanks, Joe for the help! It looks like I have made my first sale with the old company, but I don't see info about the buyer yet. Is this a normal process? How long should I wait for my dashboard info to update with buyer info?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 12, 2018, 05:02:07 AM
Thanks, Joe for the help! It looks like I have made my first sale with the old company, but I don't see info about the buyer yet. Is this a normal process? How long should I wait for my dashboard info to update with buyer info?

You get notified when it's time to add them.  You can tell there are pending sales ahead of time based on slots open, but generally around 5 days before your closing date (plus or minus a few days) you'll get notified and get the info.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on September 12, 2018, 08:22:36 AM
Has anyone heard if CapOne is still on the aggressive auditing warpath, or is it safe to open that card up for lines again?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on September 12, 2018, 11:35:44 AM
In between my work and the Subway restaurant that I go to at lunch time is a Bank of America.  Perhaps I'll bring in a folding table and stack of fliers and sit in the lobby one of these days to promote tradelines.  I've actually had one BoA tradeline sold, so why not?  What could possibly go wrong?

That's the way the cookie crumbles ...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 12, 2018, 12:03:52 PM
Has anyone heard if CapOne is still on the aggressive auditing warpath, or is it safe to open that card up for lines again?

I currently have a tradeline sold with the old company on Cap One.

As I always say, though.....I'm willing to have any card with a tradeline on it get burned by the provider. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Milkshake on September 12, 2018, 02:37:04 PM
I have a question about the address situation.

Do you add the AU using your address or the AU's address?

If you use yours, does it end up on the AU's credit report, for the AU to see?

If you use their address, how does the AU card not go to their address?

I read through a good 15-20 pages in this thread and didn't see the answer. Maybe I'm just slow on the pick up here...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on September 12, 2018, 02:43:58 PM
I have a question about the address situation.

Do you add the AU using your address or the AU's address? AU's address, to increase chances of the tradeline reporting correctly to the bureaus.

If you use yours, does it end up on the AU's credit report, for the AU to see?  If you use your address, yes, it will show up on the AU's credit report.

If you use their address, how does the AU card not go to their address?  Policy of all CC companies to send the card to the original owner's address.  I agree though, there is a very small but non-zero chance a card can be sent to the wrong address.

I read through a good 15-20 pages in this thread and didn't see the answer. Maybe I'm just slow on the pick up here...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 12, 2018, 02:59:45 PM
Agree with all of the above.

Put the AU's address. They'll only ship it to your address, that's just to help it report. You can confirm with the representative on the phone, but that's standard policy for all of them.

I don't even think there's a small risk of it being sent to them, from what I understand with all the CC companies I've worked with--there's literally no way in the system to get the card sent to that other (AU) address, it's automatically sent to your address on file with the computer, with no way for the representative to sent it to the AU (so no way for them to misclick or accidentally send it to the AU, it's just not even an option for them).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Milkshake on September 12, 2018, 04:47:43 PM
Cool, thanks.

I'll give this a shot with a 2 year old Cap1 card, and see how it goes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 13, 2018, 05:14:41 PM
The "new company" is dropping their rates on quite a few categories, and raising it on a couple (the highest/oldest limits, which are in the most demand).

(http://img.photobucket.com/albums/v65/arebelspy/Travel%20Pics%20for%20MMM/rate%20comparison_zpsveyaqnop.png)

The drop is only $25, so not drastic at all, especially for the ones that are going like $200->$175 (a fairly typical card, one that is 20k+ and > 2 yrs old), but obviously on the lowest one (that is going from $50 to $25) it's a big cut percentage-wise. However, so few companies will even take cards in that range (only a year old, only $5k in credit limit), so to sell authorized user lines at all there is pretty good. If your cards are in that range though, it may be worth just letting them age a bit and working on getting the credit limit increased. Or enrolling them, and then working on that in the meantime (and emailing for the corresponding pay increase as you increase the age/limits).

The reason for the drop is to reduce prices for authorized users in order to stay competitive with other tradeline companies. Thus they have to decrease the payouts to cardholders. Hopefully this reduced pricing for the AUs will see an increase in sales to offset the slightly lower payout.

Always sucks to get a pay cut, but it makes sense--they were already paying the most of pretty much any tradeline company, and are one of a very few who actually do what they can to protect cardholders via proper AU verification and data security/preservation. This price decrease puts them in line, or still higher, than pretty much anyone else, just not quite as high as before.

The change will automatically go into effect for all adds starting October 1. If you want to unenroll your cards, email them (PM me if you need the info). They're going to be sending out an email with this information shortly (in the next day or two), so look for that, just a heads up here. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 14, 2018, 11:55:09 AM
Getting a sale at a reduced rate is better than getting nothing at double the rate.

Play on!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on September 14, 2018, 03:14:36 PM
It looks like a few cards, such as Barclay and Bank of America, require a Hard Pull in order to obtain a CL increase.  Are you guys finding a way to increase it without a pull, or do you just figure it is worth the pull in order to possibly increase your tradelines income?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on September 14, 2018, 03:22:18 PM
It looks like a few cards, such as Barclay and Bank of America, require a Hard Pull in order to obtain a CL increase.  Are you guys finding a way to increase it without a pull, or do you just figure it is worth the pull in order to possibly increase your tradelines income?


It is the pretty typical for a credit limit increase to be a hard pull. I think Discover does some soft pulls.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 14, 2018, 04:11:20 PM
It looks like a few cards, such as Barclay and Bank of America, require a Hard Pull in order to obtain a CL increase.  Are you guys finding a way to increase it without a pull, or do you just figure it is worth the pull in order to possibly increase your tradelines income?

I personally don't care much about inquiries.. I pretty much always have 10+, and still have an 800+ score. Sometimes they'll do it without a pull, but if they say they need to do a pull, I'm fine with it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on September 14, 2018, 05:36:11 PM

It is the pretty typical for a credit limit increase to be a hard pull. I think Discover does some soft pulls.

Discover, Citi, and Elan have been soft for me so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: greengeek on September 16, 2018, 06:35:35 PM
So I'm new to this Selling Tradelines and just getting setup at the moment and would love for the combined wisdom of this group on a few questions I have:

1) From your anecdotal experience, what credit cards (of the available options) have provided the highest credit limits, or greatest credit limit increases every 6 months? (For instance, I found that Citi and AMEX limits started and increased significantly higher for me than Capital One.)
2) Is Barclays the only credit card that lets you fully setup and cancel AU's online, or does Capital One and other provides also now allow this?
3) Is Barclays the only credit card with hard caps (something >35 it sounds like) or is this typical of all credit cards?
4) How often are people adding new credit cards and what seems to be a sustainable rate of adding new cards without causing a plummeting credit score? (Mine's about 800 right now and I'm hoping it wouldn't drop much below mid 700s.)
5) Any other wisdom?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 16, 2018, 07:13:04 PM
1.  No idea.  Seems to me mostly to be a percentage of your reported income and credit score, so I'd keep those two numbers high and get as many cards from as many different issuers as possible.  You mentioned AMEX; they aren't used for piggybacking.

2.  I don't recall.  I know Chase can do adds fully online; I forget about removals.  But calling in isn't hard and usually takes only a few minutes.

3.  I don't think anyone knows yet.  I can report that it seems to me that USAA has a hard cap of 2 AUs at any given moment, but that's not a lifetime cap like you're asking about.

4.  I added 8 new cards this year and my CreditKarma scores are 821/818 at the moment.

5.  Read the thread from beginning to end if you haven't yet.  Many questions have been asked and answered, some several times.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 17, 2018, 08:21:52 AM
Chase seems to be the only one to shut them all down, yes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Encinoman45 on September 17, 2018, 04:26:12 PM
I don’t know what all this concern is about closed cards. Yes it is good to know which ones are touchy at what time.

I have 16 cards. 7 of them I am using for personal use. 9 of them I am using for tradelines. I made 3k in three months. All my nine cards have ~3 AU lines sold. Let’s say I continue to run ten hard and do ~3 lines every two months. Let’s say five cards get closed down in six months (that would be more than expected) then I would have made 12k by then. Let’s say I keep running my five remaining cards hard for six more months and make another 4.5 k and all those then get closed down. Ok so I walk away a year from now with 16.5k. Maybe I some of those banks I can’t reopen a card with and others I can. There are plenty of banks out there. I still have my other 7 I never sold tradelines with. Maybe I just apply for some new cards and move my business over to them and start using my previous 7 cards for tradelines and make another 14k in the next year.

I am working with a different company that is aggrsssively marketing to the people who want tradelines.It is a booming area in demand and anyone who tells you otherwise is not tracking with the benefits a regular person gets from increased credit score in the idiotic buy things now on credit world we live in.

I'd be interested in what Tradeline company you are using. It looks like you can't accept any PM. Please PM me if you can.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 17, 2018, 04:50:56 PM
The reason you can't PM him is that Orion is not a member of this site anymore. He failed to disclose he worked for said company, was posting messages such as the above to try and seem like a satisfied customer to get people to contact him (as you tried to do), and when he didn't get a lot of responses there, he started PMing people to spam to get them to sign up for his company, at which point his account was banned due to the forum rules on spamming.

There's a reason why try to fly under the radar and not mention company names, etc.--because it leads to junk like this.  Who knows how much, if any, of his post was even accurate.

The company he worked for has been discussed in this thread, as well as reasons why they are not recommended. Shady marketing tactics was not one of them, but you can add it to the list. You can dig back in the thread to find it, and why, if you care to. :)


EDIT: The company in question has informed me that he was not an official employee of the company. Nevertheless, this is the reason why he was banned; failure to disclose his relationship with them and PM spamming people to try and get them to sign up with that company. They have not explained why he would do this, or his incentive or relationship with them, but merely said that he did not work for them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on September 17, 2018, 10:18:22 PM
Heads up data point regarding Fidelity/Elan:
I have been selling Tradelines with a Fidelity (Elan) CC pretty successfully for several months. The adds have to be done by phone. My latest add was going straightforward, then part way through the call the CSR said "Oh, I have to transfer you to a different department". I was transferred to someone who did the usual security verification (but much less friendly than normal CSR) who then proceeded to ask very pointed questions about my pattern of AU adding and removal. I must have satisfied him, because he went ahead to add the AU. Next time I went to make a purchase on this card, it was declined, I also noticed I couldn't log into my account online anymore. When I called in to check, I was told my account was under review, and someone would contact me. Nobody ever contacted me, but I can log back into my account now. I have temporarily frozen the card for AU sales, I imagine some time in the future I am going to get this card shut down.

That's the way the cookie crumbles.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on September 21, 2018, 12:31:31 AM
Discover just terminated my card. I had been having the majority of my AUs on this card. 11 year old account, 25k limit, 850 FICO score according to Discover and  820 according to credit karma. They reason they stated was "not able to meet my business needs". I tried to add an AU and passed on to multiple security folks until I was informed my card had been terminated.
The risk is real. I'm going to pull my most valuable card and only use the "throwaway accounts" that I never use.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on September 21, 2018, 12:46:26 AM
I'm going to pull my most valuable card and only use the "throwaway accounts" that I never use.

Why?  What's the utility of keeping your "best" card to yourself?

From my perspective a six month old card with a $10k limit and a 10 year old card with a $30k limit both meet my personal spending needs identically well.  Why not make money off of the old card while you still can?  Is there some other benefit to keeping it around, besides tradelines?

Even if all of my current credit cards were to get shut down in the next few months I'm pretty confident I could still find a new new credit card, somewhere, that would work just fine for my grocery shopping and cell phone bill.  I guess I don't understand the desire to protect your oldest card from closure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 21, 2018, 08:19:45 AM
Agree with sol.  Even if you lose an older card it will not have much affect on credit score if you have a reasonable stock of accounts (like most of here do, I bet).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jtraggie99 on September 21, 2018, 09:45:44 AM
Discover just terminated my card. I had been having the majority of my AUs on this card. 11 year old account, 25k limit, 850 FICO score according to Discover and  820 according to credit karma. They reason they stated was "not able to meet my business needs". I tried to add an AU and passed on to multiple security folks until I was informed my card had been terminated.
The risk is real. I'm going to pull my most valuable card and only use the "throwaway accounts" that I never use.

I've been selling tradelines with a couple of different companies for a couple of years now.  The most activity was often with 3 cards I had with Citi.  Citi shut all three of them down this past summer, due to "security risks".  I tried to call and talk to them, but there was no discussing it.  Capital One also put one of mine in a "restricted state" after I tried to add an AU.  They wanted a copy of the persons DL and SS cards in order to remove the restriction (meaning I could no longer use it until then).  Of course that was not going to happen.  I eventually just closed it myself.

If you do this often and long enough, your cards will get shut down.  I do not say that to discourage anyone, as its easy money while it lasts, but it will eventually come to and end. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JohnGalt79 on September 21, 2018, 10:07:53 AM
Discover just terminated my card. I had been having the majority of my AUs on this card. 11 year old account, 25k limit, 850 FICO score according to Discover and  820 according to credit karma. They reason they stated was "not able to meet my business needs". I tried to add an AU and passed on to multiple security folks until I was informed my card had been terminated.
The risk is real. I'm going to pull my most valuable card and only use the "throwaway accounts" that I never use.

I've been selling tradelines with a couple of different companies for a couple of years now.  The most activity was often with 3 cards I had with Citi.  Citi shut all three of them down this past summer, due to "security risks".  I tried to call and talk to them, but there was no discussing it.  Capital One also put one of mine in a "restricted state" after I tried to add an AU.  They wanted a copy of the persons DL and SS cards in order to remove the restriction (meaning I could no longer use it until then).  Of course that was not going to happen.  I eventually just closed it myself.

If you do this often and long enough, your cards will get shut down.  I do not say that to discourage anyone, as its easy money while it lasts, but it will eventually come to and end.

Why "of course that was not going to happen?"  Don't the tradeline companies have those documents, and won't they provide them if your credit card company is demanding them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jtraggie99 on September 21, 2018, 10:32:47 AM
Discover just terminated my card. I had been having the majority of my AUs on this card. 11 year old account, 25k limit, 850 FICO score according to Discover and  820 according to credit karma. They reason they stated was "not able to meet my business needs". I tried to add an AU and passed on to multiple security folks until I was informed my card had been terminated.
The risk is real. I'm going to pull my most valuable card and only use the "throwaway accounts" that I never use.

I've been selling tradelines with a couple of different companies for a couple of years now.  The most activity was often with 3 cards I had with Citi.  Citi shut all three of them down this past summer, due to "security risks".  I tried to call and talk to them, but there was no discussing it.  Capital One also put one of mine in a "restricted state" after I tried to add an AU.  They wanted a copy of the persons DL and SS cards in order to remove the restriction (meaning I could no longer use it until then).  Of course that was not going to happen.  I eventually just closed it myself.

If you do this often and long enough, your cards will get shut down.  I do not say that to discourage anyone, as its easy money while it lasts, but it will eventually come to and end.

Why "of course that was not going to happen?"  Don't the tradeline companies have those documents, and won't they provide them if your credit card company is demanding them?

I have no idea if they actually request copies of the actual DL and SS cards of the tradeline clients.  Bottom line is that they will not provide copies to a seller at the request of the credit card company.  At least that is what I was told when this happened.  And if I was a customer using a tradeline company, I would not be too keen on using one that provided that information to someone like myself.  I said obviously, because it seemed obvious to me at the time that they were not going to provide me those documents to give to my credit card company, and that is exactly what happened.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on September 21, 2018, 10:39:42 AM
Discover just terminated my card. I had been having the majority of my AUs on this card. 11 year old account, 25k limit, 850 FICO score according to Discover and  820 according to credit karma. They reason they stated was "not able to meet my business needs". I tried to add an AU and passed on to multiple security folks until I was informed my card had been terminated.
The risk is real. I'm going to pull my most valuable card and only use the "throwaway accounts" that I never use.

I've been selling tradelines with a couple of different companies for a couple of years now.  The most activity was often with 3 cards I had with Citi.  Citi shut all three of them down this past summer, due to "security risks".  I tried to call and talk to them, but there was no discussing it.  Capital One also put one of mine in a "restricted state" after I tried to add an AU.  They wanted a copy of the persons DL and SS cards in order to remove the restriction (meaning I could no longer use it until then).  Of course that was not going to happen.  I eventually just closed it myself.

If you do this often and long enough, your cards will get shut down.  I do not say that to discourage anyone, as its easy money while it lasts, but it will eventually come to and end.

Why "of course that was not going to happen?"  Don't the tradeline companies have those documents, and won't they provide them if your credit card company is demanding them?

I have no idea if they actually request copies of the actual DL and SS cards of the tradeline clients.  Bottom line is that they will not provide copies to a seller at the request of the credit card company.  At least that is what I was told when this happened.  And if I was a customer using a tradeline company, I would not be too keen on using one that provided that information to someone like myself.  I said obviously, because it seemed obvious to me at the time that they were not going to provide me those documents to give to my credit card company, and that is exactly what happened.

Depends on the TL companies.  You must not be using the ones recommended here.
Last summer, CapOne asked me the same thing. If fact, they asked for the DLs and SS cards of all the AUs I've ever added, which was 11 at the time.  I asked the "old" tradeline company for them, they emailed them back to me, I uploaded the docs to a special website that CapOne sent me.  My card was taken off restricted status in a few weeks, and I've gone back to selling TLs on it, no problem.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on September 21, 2018, 10:48:17 AM
They're asking for the DL and SS cards to confirm that the person is a real, US citizen/permanent resident and it's not a synthetic identify fraud issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jtraggie99 on September 21, 2018, 12:36:10 PM
They're asking for the DL and SS cards to confirm that the person is a real, US citizen/permanent resident and it's not a synthetic identify fraud issue.

Yes, I know why they asked for it.  And it's the same reason they will ultimately close your cards down.  They are protecting themselves from what they see as risky practices.  I think for most credit card companies, from their perspective, constantly adding and removing AU's creates a growing number of cards with access to your account and increases the risk of fraudulent activity.  And that's basically what I was told by Citi.  I don't think they see it from the perspective of "gaming the system" to artificially inflate credit scores.  I wonder if that even enters their line of thinking.

And to answer the other guys question, I have worked with 3 different tradeline companies.  Two I found about here, one of which I have never had a single sale with, and the other, at most sporadic.  Honestly, the one I found on my own, I made way more money from.  Well, until things start getting shut down.  And that's not a knock on anyone here and the companies they recommended.  My only point in making these posts was to say, that in my experience, it's not if cards get shut down but when.  I suppose my issue with Capital One might have been avoidable with a different company, but I think the end result would have eventually happened, regardless.  I still have a few cards I use for this and will continue to do so, as long as they remain open. 

It definitely can be a lucrative gig, while it lasts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on September 21, 2018, 02:45:56 PM
They're asking for the DL and SS cards to confirm that the person is a real, US citizen/permanent resident and it's not a synthetic identify fraud issue.

Yes, I know why they asked for it.  And it's the same reason they will ultimately close your cards down.  They are protecting themselves from what they see as risky practices.  I think for most credit card companies, from their perspective, constantly adding and removing AU's creates a growing number of cards with access to your account and increases the risk of fraudulent activity.  And that's basically what I was told by Citi.  I don't think they see it from the perspective of "gaming the system" to artificially inflate credit scores.  I wonder if that even enters their line of thinking.

And to answer the other guys question, I have worked with 3 different tradeline companies.  Two I found about here, one of which I have never had a single sale with, and the other, at most sporadic.  Honestly, the one I found on my own, I made way more money from.  Well, until things start getting shut down.  And that's not a knock on anyone here and the companies they recommended.  My only point in making these posts was to say, that in my experience, it's not if cards get shut down but when.  I suppose my issue with Capital One might have been avoidable with a different company, but I think the end result would have eventually happened, regardless.  I still have a few cards I use for this and will continue to do so, as long as they remain open. 

It definitely can be a lucrative gig, while it lasts.

Thank you for sharing this story. It reaffirms what ARS stresses about ensuring that the tradeline companies properly vet buyers to avoid identity fraud.

And if we are looking for a competing piece of anecdata, we need only look to the post above, where @erutio posted about being able to avoid a card closing by complying with requests for information that would disprove the statement that the CC cos "will ultimately close your cards down".
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JohnGalt79 on September 21, 2018, 09:58:35 PM
They're asking for the DL and SS cards to confirm that the person is a real, US citizen/permanent resident and it's not a synthetic identify fraud issue.

Yes, I know why they asked for it.  And it's the same reason they will ultimately close your cards down.  They are protecting themselves from what they see as risky practices.  I think for most credit card companies, from their perspective, constantly adding and removing AU's creates a growing number of cards with access to your account and increases the risk of fraudulent activity.  And that's basically what I was told by Citi.  I don't think they see it from the perspective of "gaming the system" to artificially inflate credit scores.  I wonder if that even enters their line of thinking.

And to answer the other guys question, I have worked with 3 different tradeline companies.  Two I found about here, one of which I have never had a single sale with, and the other, at most sporadic.  Honestly, the one I found on my own, I made way more money from.  Well, until things start getting shut down.  And that's not a knock on anyone here and the companies they recommended.  My only point in making these posts was to say, that in my experience, it's not if cards get shut down but when.  I suppose my issue with Capital One might have been avoidable with a different company, but I think the end result would have eventually happened, regardless.  I still have a few cards I use for this and will continue to do so, as long as they remain open. 

It definitely can be a lucrative gig, while it lasts.

So, which of the two TL companies here ("old" or "new"?)wouldn't provide you with the DL & SS card when you told them the cc company was requesting them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on September 24, 2018, 12:04:20 AM
I'm going to pull my most valuable card and only use the "throwaway accounts" that I never use.

Why?  What's the utility of keeping your "best" card to yourself?

From my perspective a six month old card with a $10k limit and a 10 year old card with a $30k limit both meet my personal spending needs identically well.  Why not make money off of the old card while you still can?  Is there some other benefit to keeping it around, besides tradelines?

Even if all of my current credit cards were to get shut down in the next few months I'm pretty confident I could still find a new new credit card, somewhere, that would work just fine for my grocery shopping and cell phone bill.  I guess I don't understand the desire to protect your oldest card from closure.
It's a mileage card that is 20 years old that gives us a $99 companion fare every year and that we put almost every expense that we can on. We travel by plane a minimum of twice a year and it rewards us very, very well for the $75 fee.
I don't use any cards for obtaining credit so to speak, although over the years I have used them for 18 month 0% offers while keeping other money better invested.
Yes a card is a card is a card but this one feels as if we are taking advantage of the bank, I mean we put 50k of my wife's grad school on it and thankfully were able to pay it off on every cycle. Used that subsequent 50 k miles for  obtaining plane tickets that would have been worth over $4000.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: daveed on September 24, 2018, 10:34:26 AM
Joe,

I sent you a PM (I think) on here. Have read a bunch of this thread already and very interested in digging into this more after you mentioned it Sunday at Camp Mustache Toronto.

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on September 24, 2018, 12:15:45 PM
Joe,

I sent you a PM (I think) on here. Have read a bunch of this thread already and very interested in digging into this more after you mentioned it Sunday at Camp Mustache Toronto.

Thanks!

Hello fellow Ann Arborite
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on September 24, 2018, 02:06:02 PM
TWO Davids from Ann Arbor? Hmmm...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: daveed on September 24, 2018, 05:17:17 PM
That's right, there's TWO of us. Haha. Actually heard about Camp Mustache and the forum primarily from the other David, David #1. :)

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 24, 2018, 05:18:22 PM
Not buying it.  Clearly, David #2 is a bot.  :>
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on September 24, 2018, 09:04:39 PM
That's right, there's TWO of us. Haha. Actually heard about Camp Mustache and the forum primarily from the other David, David #1. :)


Did I meet you at a MMM meeting at the Grizzly Peak ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 25, 2018, 06:07:25 AM
TWO Davids from Ann Arbor? Hmmm...

Right? I was pretty skeptical when I met another "Joe" from Seattle at an MMM meetup in Seattle.

You're named Joe too? Sureee...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: daveed on September 25, 2018, 10:10:44 AM
That's right, there's TWO of us. Haha. Actually heard about Camp Mustache and the forum primarily from the other David, David #1. :)


Did I meet you at a MMM meeting at the Grizzly Peak ?

I think we met briefly at Grizzly Peak but haven't chatted much. That will change soon I hope!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on September 25, 2018, 05:14:38 PM
for Barclays AU's since they don't ask for a SS online, Do you guys call them Barclays to add the SS over the phone so it reports correctly?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 25, 2018, 05:17:43 PM
for Barclays AU's since they don't ask for a SS online, Do you guys call them Barclays to add the SS over the phone so it reports correctly?

This is what the company says to do, yes.

I never do--I just don't give the SSN info. I do always put in their address, which is an optional add on Barclay's site.

I've never had one not report with their name, dob, address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on September 25, 2018, 09:11:58 PM
Data point-  an AMEX AU was added for a family member in early August and hasn't posted yet. Not sure how long it'll take, or if it'll post at all.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PhrugalPhan on September 25, 2018, 09:36:12 PM
A quick thanks to Arebelspy for starting this.  I just signed up today (and let them know you referred me).  We'll see how this works - starting with 4 cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on September 27, 2018, 09:50:17 AM
Data point-  an AMEX AU was added for a family member in early August and hasn't posted yet. Not sure how long it'll take, or if it'll post at all.
Date of add as authorized user doesn't matter. Date of first statement with a balance due should determine when the line gets reported to credit agencies.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on September 27, 2018, 10:05:21 AM
for Barclays AU's since they don't ask for a SS online, Do you guys call them Barclays to add the SS over the phone so it reports correctly?

This is what the company says to do, yes.

I never do--I just don't give the SSN info. I do always put in their address, which is an optional add on Barclay's site.

I've never had one not report with their name, dob, address.

Just had my first Barclay add not post. I've also never called in the SSN and have never had any issues, but I think it may be the address that caused it. I noticed with Barclay that if there is an apartment number, it adds that in front of the street number for some reason. That may or may not be it, but as this is the first failed add and I've had a couple dozen successful without calling in the SSN, I will probably continue to just include the address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 27, 2018, 12:47:17 PM
@ducky19 Sorry to hear that...  I have always noticed the weirdness with the apt #.  Never had any problems yet.  Still fighting with Elan on the other hand to post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on September 27, 2018, 05:30:20 PM
Discover closed my account with the message "we are no longer able to meet your servicing needs." No clue about why - I haven't had an add since late last year. Pretty normal usage on it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 27, 2018, 07:02:56 PM
Discover closed my account with the message "we are no longer able to meet your servicing needs." No clue about why - I haven't had an add since late last year. Pretty normal usage on it.

I continue to suspect that companies do periodic audits where they query their databases for what they consider to be risky behavior.  They then either human review or (less likely) do mass closings.

If this is accurate, then there could be a long while between when one does what they consider risky and the account closure.  It also means that "normal usage" may not inoculate one against account closure.

I continue to think that the total number of AU's added to a line, perhaps limited to those that don't reside at the same address or share the same last name, would be the search criteria that they use.

I also don't think they expend much energy or effort on this kind of thing overall, since the direct cost to them is pretty low.  Their main business risk would be loss due to fraud or punitive damages by not complying with federal restrictions on foreign nationals subject to sanction or something like that.

@Shade00, there also is the possibility that the reason for closure may not be related to AUs.  It's possible that some other behavior is what triggered the closure.  I don't know about you, but I typically do multiple things on each credit line that the CC companies don't like.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on September 28, 2018, 05:24:55 AM
Two updates from my world.

1. Wrapped up first batch of piggybacking-closure cases favorably!

Sounds like you may have some more business from Discover customers, @PointsLawyer  ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on September 28, 2018, 03:22:59 PM
I continue to suspect that companies do periodic audits where they query their databases for what they consider to be risky behavior.  They then either human review or (less likely) do mass closings.

If this is accurate, then there could be a long while between when one does what they consider risky and the account closure.  It also means that "normal usage" may not inoculate one against account closure.

I continue to think that the total number of AU's added to a line, perhaps limited to those that don't reside at the same address or share the same last name, would be the search criteria that they use.

I also don't think they expend much energy or effort on this kind of thing overall, since the direct cost to them is pretty low.  Their main business risk would be loss due to fraud or punitive damages by not complying with federal restrictions on foreign nationals subject to sanction or something like that.

@Shade00, there also is the possibility that the reason for closure may not be related to AUs.  It's possible that some other behavior is what triggered the closure.  I don't know about you, but I typically do multiple things on each credit line that the CC companies don't like.

I'm not sure what that behavior could have been, but I guess there's no way to know. I had 4 adds last year, if I'm remembering correctly, and kept my utilization at no more than 5% until I used the card to buy some furniture at the beginning of the year. We paid that purchase off within a couple of months. I really have no clue. It's disappointing because I had that account since 2009 and had 23k in credit available. :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SuperChamp on September 28, 2018, 03:43:22 PM
Thanks for the great post.  I am probably on the other side, looking to purchase the trade-lines as most from what I have read are selling them.

Question, as I dont know too much about how this works, except for the fact that the history of the credit gets piggy backed onto the new authorized user and this is what helps increase the score.

My question is that after a month or two of adding and removing the said user, does the credit stop reporting?

I emailed the OP regarding the recommended companies, and have yet to get a response.

thanks guys.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 28, 2018, 04:43:08 PM
Thanks for the great post.  I am probably on the other side, looking to purchase the trade-lines as most from what I have read are selling them.

Question, as I dont know too much about how this works, except for the fact that the history of the credit gets piggy backed onto the new authorized user and this is what helps increase the score.

My question is that after a month or two of adding and removing the said user, does the credit stop reporting?

I emailed the OP regarding the recommended companies, and have yet to get a response.

thanks guys.

I haven't seen a credit report of a person who was added and then removed as an Authorized User. My understanding is that you get a new record (tradeline) in your credit report which boosts your credit score because you "piggyback" on the main cardholder's age of the tradeline and credit line, meaning they are accounted for when your score is calculated. I believe that tradeline is reported as "closed" when you are removed as an AU, but it still remains in your report and increases you credit score.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 29, 2018, 07:32:05 AM
My question is that after a month or two of adding and removing the said user, does the credit stop reporting?

When you are removed, the line may be removed from your report, yes. At that point, it wouldn't boost your score anymore. It's a temporary boost designed to help you get credit to improve it long term.

Sometimes it sticks on your credit report for a long time after you are removed, but I don't think there's any guarantees around that. Probably best to speak with the TL companies as a potential AU to find out details (and if any particular providers are more likely than others to stick on, or whatever).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on October 01, 2018, 07:05:26 AM
A family member added me as an authorized user to one of their cards so that I could make some purchases on their behalf. They also thought this would help me out with credit.

Well, turns out their credit utilization for that card was way above my average so my score was dropping despite the addition of a relatively high limit, moderate age account. So I had them remove me. That card is still listed on my credit report, though my score increased, so I don't think it's factoring in anymore.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 01, 2018, 08:35:43 AM
Yeah, that's why the TL companies emphasize utilization must be under 10% of the card's limit. Don't want high utilization hurting the AU's score.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on October 06, 2018, 07:05:25 AM
Removing an AU this morning from BoA, the rep asked WHY I was removing them. She said they just needed to make sure he wasn't trying to get a loan or they'd need to send him a letter. I wanted to ask why that mattered but am not risking any more flags than absolutely necessary since I only have 2 nice cards in the game.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on October 06, 2018, 12:25:37 PM
Data point-  an AMEX AU was added for a family member in early August and hasn't posted yet. Not sure how long it'll take, or if it'll post at all.
Date of add as authorized user doesn't matter. Date of first statement with a balance due should determine when the line gets reported to credit agencies.

The card is used for small purchases all the time. It's a business account, so that might make a difference, I suppose.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on October 07, 2018, 12:30:35 AM
Data point-  an AMEX AU was added for a family member in early August and hasn't posted yet. Not sure how long it'll take, or if it'll post at all.
Date of add as authorized user doesn't matter. Date of first statement with a balance due should determine when the line gets reported to credit agencies.

The card is used for small purchases all the time. It's a business account, so that might make a difference, I suppose.

What I've read is that business cards do not show up on personal credit reports which is why the TL companies are not interested in them and also why they are good if you're churning for sign-ups bonuses while waiting to get under Chase's 5/24 limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on October 07, 2018, 11:28:49 AM
Thanks, @MoseyingAlong

I guess since I saw that a CapOne Spark business account posts, we thought we'd try the AMEX, but maybe not all business accounts are created equal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on October 18, 2018, 06:46:38 PM
I've been getting my citi spots filled regularly - but with this last round of AUs I've had to get cleared by the fraud department. They just ask me to give them a text message and "verify" me.

Should I be concerned about these extra steps? Maybe let my 2 AU spots cool off? Or not worry about it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 18, 2018, 07:47:05 PM
I've been getting my citi spots filled regularly - but with this last round of AUs I've had to get cleared by the fraud department. They just ask me to give them a text message and "verify" me.

Should I be concerned about these extra steps? Maybe let my 2 AU spots cool off? Or not worry about it?

That is SOP for one of the CC issuers; don't recall if it's Citi or not.  I'd suggest taking a look at the add instructions that they send you in the email or on the portal (assuming New Company) because for the issuer I'm thinking of they mention it.

It's up to you, but I wouldn't worry about it if it were me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on October 21, 2018, 12:29:05 AM
Heads up data point regarding Fidelity/Elan:
I have been selling Tradelines with a Fidelity (Elan) CC pretty successfully for several months. The adds have to be done by phone. My latest add was going straightforward, then part way through the call the CSR said "Oh, I have to transfer you to a different department". I was transferred to someone who did the usual security verification (but much less friendly than normal CSR) who then proceeded to ask very pointed questions about my pattern of AU adding and removal. I must have satisfied him, because he went ahead to add the AU. Next time I went to make a purchase on this card, it was declined, I also noticed I couldn't log into my account online anymore. When I called in to check, I was told my account was under review, and someone would contact me. Nobody ever contacted me, but I can log back into my account now. I have temporarily frozen the card for AU sales, I imagine some time in the future I am going to get this card shut down.

That's the way the cookie crumbles.

Can confirm: Card Closed
Nice little letter for my collection
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 21, 2018, 05:48:34 PM
Heads up data point regarding Fidelity/Elan:
I have been selling Tradelines with a Fidelity (Elan) CC pretty successfully for several months. The adds have to be done by phone. My latest add was going straightforward, then part way through the call the CSR said "Oh, I have to transfer you to a different department". I was transferred to someone who did the usual security verification (but much less friendly than normal CSR) who then proceeded to ask very pointed questions about my pattern of AU adding and removal. I must have satisfied him, because he went ahead to add the AU. Next time I went to make a purchase on this card, it was declined, I also noticed I couldn't log into my account online anymore. When I called in to check, I was told my account was under review, and someone would contact me. Nobody ever contacted me, but I can log back into my account now. I have temporarily frozen the card for AU sales, I imagine some time in the future I am going to get this card shut down.

That's the way the cookie crumbles.

Can confirm: Card Closed
Nice little letter for my collection

About how many AU spots had you sold on that card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 22, 2018, 12:36:32 PM
Question for the Hive...

I just received my first AU with citizenship not of the US.  Have you had this?  Is it a concern?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DK on October 22, 2018, 01:53:27 PM
I've been getting my citi spots filled regularly - but with this last round of AUs I've had to get cleared by the fraud department. They just ask me to give them a text message and "verify" me.

Should I be concerned about these extra steps? Maybe let my 2 AU spots cool off? Or not worry about it?

the last one on my citi i tried they wanted to transfer me, and i got "scared" so didn't - is that all they had you do? i had them stop selling mine for a bit because it concerned me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on October 22, 2018, 01:54:17 PM
I've been getting my citi spots filled regularly - but with this last round of AUs I've had to get cleared by the fraud department. They just ask me to give them a text message and "verify" me.

Should I be concerned about these extra steps? Maybe let my 2 AU spots cool off? Or not worry about it?

the last one on my citi i tried they wanted to transfer me, and i got "scared" so didn't - is that all they had you do? i had them stop selling mine for a bit because it concerned me.
That’s all they did for mine. I couldn’t tell you if it was the same for your situation, though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on October 22, 2018, 01:55:20 PM
Question for the Hive...

I just received my first AU with citizenship not of the US.  Have you had this?  Is it a concern?
Is the mailing/primary address not in the US? Personally I wouldn’t risk that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 22, 2018, 02:02:50 PM
Question for the Hive...

I just received my first AU with citizenship not of the US.  Have you had this?  Is it a concern?
Is the mailing/primary address not in the US? Personally I wouldn’t risk that.

US address

There is a number in SSN field as well but I assume it is not actually a SSN.  Everything is probably good and legal but I don't know if another country is a red flag for issuer.

Thanks for the reply.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on October 22, 2018, 03:04:40 PM
Non-US citizens can still have valid SSN if they are authorized to work in the US, or in some rare cases where they need one for a validated non-work reason.

I would bet that the number is their real SSN, and they're a resident alien.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on October 23, 2018, 11:34:16 AM
Does anyone actually activate the AU card?  I haven't so far, but sometimes wonder if this looks suspicious to the CC company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 23, 2018, 11:35:55 AM
Does anyone actually activate the AU card?  I haven't so far, but sometimes wonder if this looks suspicious to the CC company.

I always do.  But I do not use it to make a purchase (as New Company recommends).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 23, 2018, 11:42:31 AM
Does anyone actually activate the AU card?  I haven't so far, but sometimes wonder if this looks suspicious to the CC company.

I used to and then make one small purchase on it at the gas pump.  I don't anymore as I have enough cards either in the tradeline system or about to age up to be in that I don't care if they cancel any card I'm using for TL's.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 23, 2018, 11:48:25 AM
Non-US citizens can still have valid SSN if they are authorized to work in the US, or in some rare cases where they need one for a validated non-work reason.

I would bet that the number is their real SSN, and they're a resident alien.

Thanks @merula 

That is my assumption as well.  I decided not to risk it since this issuer is known to shut you down after so many AU's already.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on October 24, 2018, 08:22:10 PM
Does anyone actually activate the AU card?  I haven't so far, but sometimes wonder if this looks suspicious to the CC company.

I always do.  But I do not use it to make a purchase (as New Company recommends).
Guess I missed that recommendation. I never have activated one, but I wouldn't purchase with one unless it was online since it's obvious the AU doesn't live in your area (99.9% of the time at least).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 26, 2018, 07:04:35 AM
I just added an AU with the old company on my Cap One.  Funny, the online form has the ss# but no place for address.  Wellalrightythen.  I think it also had only options on where to send the card.....not to have or not have the card sent.  For the $200 fee I'm getting for this tradeline, it's worth it to me to just go ahead and activate the card and use it for a couple bucks of gas.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on October 27, 2018, 04:22:31 AM
So, I have a question for the group as I'm unsure of what to do here.  I have a removal task in the portal from a couple days ago but didn't receive a text message. Should I go ahead and remove the AU?

I'm assuming yes, but thought I'd ask anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 27, 2018, 10:49:21 AM
So, I have a question for the group as I'm unsure of what to do here.  I have a removal task in the portal from a couple days ago but didn't receive a text message. Should I go ahead and remove the AU?

I'm assuming yes, but thought I'd ask anyway.

I would remove the AU *if* the "Remove On" date has passed.  If the "Remove On" date is in the future, I would wait until that date and remove them after that date.

I have two remove tasks in the portal, but the date is something like 1/17/19, so I'm waiting on those for now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on October 27, 2018, 11:57:36 PM
Heads up data point regarding Fidelity/Elan:
I have been selling Tradelines with a Fidelity (Elan) CC pretty successfully for several months. The adds have to be done by phone. My latest add was going straightforward, then part way through the call the CSR said "Oh, I have to transfer you to a different department". I was transferred to someone who did the usual security verification (but much less friendly than normal CSR) who then proceeded to ask very pointed questions about my pattern of AU adding and removal. I must have satisfied him, because he went ahead to add the AU. Next time I went to make a purchase on this card, it was declined, I also noticed I couldn't log into my account online anymore. When I called in to check, I was told my account was under review, and someone would contact me. Nobody ever contacted me, but I can log back into my account now. I have temporarily frozen the card for AU sales, I imagine some time in the future I am going to get this card shut down.

That's the way the cookie crumbles.

Can confirm: Card Closed
Nice little letter for my collection

About how many AU spots had you sold on that card?

About 10
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HipGnosis on October 28, 2018, 11:32:02 AM
So, I have a question for the group as I'm unsure of what to do here.  I have a removal task in the portal from a couple days ago but didn't receive a text message. Should I go ahead and remove the AU?

I'm assuming yes, but thought I'd ask anyway.

I would remove the AU *if* the "Remove On" date has passed.  If the "Remove On" date is in the future, I would wait until that date and remove them after that date.

I have two remove tasks in the portal, but the date is something like 1/17/19, so I'm waiting on those for now.
I had the same situation - I removed the AU and got an Email from the Co. a few days later that I did it prematurely and therefore would not get paid for the AU add.   I Emailed them back that their portal is confusing and they should look into improving it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 28, 2018, 02:39:31 PM
Heads up data point regarding Fidelity/Elan:
I have been selling Tradelines with a Fidelity (Elan) CC pretty successfully for several months. The adds have to be done by phone. My latest add was going straightforward, then part way through the call the CSR said "Oh, I have to transfer you to a different department". I was transferred to someone who did the usual security verification (but much less friendly than normal CSR) who then proceeded to ask very pointed questions about my pattern of AU adding and removal. I must have satisfied him, because he went ahead to add the AU. Next time I went to make a purchase on this card, it was declined, I also noticed I couldn't log into my account online anymore. When I called in to check, I was told my account was under review, and someone would contact me. Nobody ever contacted me, but I can log back into my account now. I have temporarily frozen the card for AU sales, I imagine some time in the future I am going to get this card shut down.

That's the way the cookie crumbles.

Can confirm: Card Closed
Nice little letter for my collection

About how many AU spots had you sold on that card?

About 10

Thanks for the reply, @CanuckExpat

Hopefully, I can get a few more before mine is shut down.

By the way, for anyone interested, I have been removing AUs from Elan via secure message.  It takes about 24 hours but works well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 31, 2018, 06:16:32 AM
Anyone have any issues with Citi regarding reading secure messages? For instance if I request to remove an authorized user I can read their response to confirm he/she was removed. However if I send a SM wanting to include the SS with a recent AU add I did online, I cannot read their response. It errors out and boots me off Citi's website. Could be something with my browser settings perhaps?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on October 31, 2018, 08:18:07 AM
Anyone have any issues with Citi regarding reading secure messages? For instance if I request to remove an authorized user I can read their response to confirm he/she was removed. However if I send a SM wanting to include the SS with a recent AU add I did online, I cannot read their response. It errors out and boots me off Citi's website. Could be something with my browser settings perhaps?

This exact thing happens to me also.  I'm wondering if it has to do with the SS# being protected information or something. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on October 31, 2018, 08:56:47 AM
I think it's just their website - try it in an incognito window.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 31, 2018, 02:19:24 PM
I think it's just their website - try it in an incognito window.

Tried that, still didn't work. Also cleared browsing history, cookies, etc and still throws an error. Even tried a different browser. My last AU didn't post even though I went through the same exact process of adding AU on their website and then sending a secure message to include the SS# with the AU. Trying to avoid calling in at all cost as it seems that is not even fool proof.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 31, 2018, 02:43:44 PM
It is probably a filter for PII.  I noticed that Chase filters out location details on secure messages.  Citi is probably doing something similar for anything it deems protected.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on November 01, 2018, 05:49:38 AM
It is probably a filter for PII.  I noticed that Chase filters out location details on secure messages.  Citi is probably doing something similar for anything it deems protected.

I figured that was the case but wondered if there was a way around that so I could see their response to my messages. At this point I am kind of guessing they are successfully attaching the SS# to the AU. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on November 01, 2018, 08:09:27 AM
So I read this article and then thought about selling my tradelines.

Figured out aI could probably make at least $500 per month according to a quote I received from splendindcredit.com. 

On the other hand I could buy tradelines and there are wildly varying prices out there but one quote I saw was for $1000 for a 25k line. 

I am personally unfortunately in a situation where I have a lot of debt due to some poor decisions made starting a business with the wrong partners so I'm in the market for refinancing unsercured debt at a lower rate. 

My wife and I make an excellent income we both work for Tesla for 4 and 5 years respectively. 

Currently we pull in $212k per year together. 

We both have a long history of 100% on time payment with the exception of one delinquent account on my wife's credit from a credit union checking  account that went negative because of a silly fee. 

At the moment we pay around $1600 on credit card interest per month at about 16.69% interest apr. 

That said we do have about $32k in available credit on our cards, having just paid off over $26k in cash over the last 30 days. 

I could use some help in the utilization department mainly everything else on my personal individual credit is 100% clean (my wife's sily delinquency on the checking account notwithstanding which I think is technically classified as a "late payment" since we paid the bill as soon as we realized the erorr).

Anybody interested in disintermediating the tradeline brokers? 

I can add you to accounts in kind or pay good money to be added as an authorized for aged accounts with large lines and 100% on time payment history. 

I could really use the help me get refinancing on this credit card debt into personal loans by lowering my utilization ratio thus boosting my score so I can qualify.

I have 15 month old son please consider if you are able to help I'm happy to compensate you in any way I can within reason we can find a win-win Situation.

Wait.  What?  You're offering to buy and sell tradelines directly right here on this forum?  On your first post??  And you're naming a non-approved tradeline vendor???

Sheesh.

This won't be up long.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: I'm a red panda on November 01, 2018, 09:12:18 AM
So I read this article and then thought about selling my tradelines.

Figured out aI could probably make at least $500 per month according to a quote I received from splendindcredit.com. 

On the other hand I could buy tradelines and there are wildly varying prices out there but one quote I saw was for $1000 for a 25k line. 

I am personally unfortunately in a situation where I have a lot of debt due to some poor decisions made starting a business with the wrong partners so I'm in the market for refinancing unsercured debt at a lower rate. 

My wife and I make an excellent income we both work for Tesla for 4 and 5 years respectively. 

Currently we pull in $212k per year together. 

We both have a long history of 100% on time payment with the exception of one delinquent account on my wife's credit from a credit union checking  account that went negative because of a silly fee. 

At the moment we pay around $1600 on credit card interest per month at about 16.69% interest apr. 

That said we do have about $32k in available credit on our cards, having just paid off over $26k in cash over the last 30 days. 

I could use some help in the utilization department mainly everything else on my personal individual credit is 100% clean (my wife's sily delinquency on the checking account notwithstanding which I think is technically classified as a "late payment" since we paid the bill as soon as we realized the erorr).

Anybody interested in disintermediating the tradeline brokers? 

I can add you to accounts in kind or pay good money to be added as an authorized for aged accounts with large lines and 100% on time payment history. 

I could really use the help me get refinancing on this credit card debt into personal loans by lowering my utilization ratio thus boosting my score so I can qualify.

I have 15 month old son please consider if you are able to help I'm happy to compensate you in any way I can within reason we can find a win-win Situation.

Wait.  What?  You're offering to buy and sell tradelines directly right here on this forum?  On your first post??  And you're naming a non-approved tradeline vendor???

Sheesh.

This won't be up long.

I don't think there are too many people on this forum who would be buying....
Especially not from someone who describes delinquent credit actions...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on November 01, 2018, 09:34:36 AM
It is probably a filter for PII.  I noticed that Chase filters out location details on secure messages.  Citi is probably doing something similar for anything it deems protected.

I figured that was the case but wondered if there was a way around that so I could see their response to my messages. At this point I am kind of guessing they are successfully attaching the SS# to the AU.

I've done the chat thing with them and asked them to verify that the AU has a SS# attached to their account.  Yes or no question.  Seemed to work, but at this point I'm not sure it's actually easier than calling.  Even though calling Citi sucks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on November 01, 2018, 09:40:24 AM
It is probably a filter for PII.  I noticed that Chase filters out location details on secure messages.  Citi is probably doing something similar for anything it deems protected.

I figured that was the case but wondered if there was a way around that so I could see their response to my messages. At this point I am kind of guessing they are successfully attaching the SS# to the AU.

I've done the chat thing with them and asked them to verify that the AU has a SS# attached to their account.  Yes or no question.  Seemed to work, but at this point I'm not sure it's actually easier than calling.  Even though calling Citi sucks.

I only had an issue with 1 AU not posting so far, so it's been a mostly positive experience just sending in a secure message with the SS#. I already cringe when I have to call USAA. Almost always at the very least a 20 min phone call. I did send a seperate secure message to just verify the SS numbers were added. So we'll see. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on November 01, 2018, 07:47:49 PM
I have a new person listed in my Customer Documents with a last name that is 25 letters long.   I'm hoping when the order comes through that I'll be able to add this user without calling in!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on November 02, 2018, 12:15:28 AM
added my first AU to Discover a couple weeks ago (Have only been using my Barclays card up til now).

Discover left me a VM to call them immediately this afternoon, and I noticed when I tried to log in I get this message:

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

Please contact Customer Service so we can help you resolve this issue.

Has anyone experienced this?  I was unable to call them back today, so will find out tomorrow.  Questions typically asked?  What do you answer if asked how you know the AU?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 02, 2018, 07:13:01 AM
I have a new person listed in my Customer Documents with a last name that is 25 letters long.   I'm hoping when the order comes through that I'll be able to add this user without calling in!

Say that the person's name is Rajaministadanapolisrasputinbingemania.  On the phone, call him Raj.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bernardnb on November 02, 2018, 08:41:01 AM
added my first AU to Discover a couple weeks ago (Have only been using my Barclays card up til now).

Discover left me a VM to call them immediately this afternoon, and I noticed when I tried to log in I get this message:

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

Please contact Customer Service so we can help you resolve this issue.

Has anyone experienced this?  I was unable to call them back today, so will find out tomorrow.  Questions typically asked?  What do you answer if asked how you know the AU?

Since it's the first time, it's probably them just waiting for you to confirm that it's legit.  I seem to recall that happening when I started using my Discover.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on November 02, 2018, 09:39:08 AM


Since it's the first time, it's probably them just waiting for you to confirm that it's legit.  I seem to recall that happening when I started using my Discover.

Yep, that's all it was, hopefully not going to be an issue in the future
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on November 02, 2018, 06:39:43 PM
Has anyone ever received a settlement that PointsLawyer got for you with respect to a Discover card closure ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spot on November 12, 2018, 04:34:24 PM
Just wanted to alert everyone that I did a tradeline on Discover with the old company. Got a couple of sales and my card was shut down. Now months later I'm getting calls and emails saying someone is trying to access my (closed) account. Really do not want to deal with this and the money wasn't worth it for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on November 12, 2018, 07:27:23 PM
If I added a Discover user on 8/11/18, shouldn't I have been told to remove them by now?  Or does Discover just need to stay on longer?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on November 14, 2018, 01:09:59 AM
If I added a Discover user on 8/11/18, shouldn't I have been told to remove them by now?  Or does Discover just need to stay on longer?

Are you with the new company? And is your Discover card on hold?

Shortly after I added a couple AUs a few months ago, the new company put my card on hold. I figured it was when Discover was doing audits and they wanted to minimize activity that might get a card closed. So I've still got those AUs on my card.

If you find out something different, please let us know.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on November 14, 2018, 07:15:07 AM
If I added a Discover user on 8/11/18, shouldn't I have been told to remove them by now?  Or does Discover just need to stay on longer?

The new company is not the best with communication (or timeliness)... but they're especially bad about following up with removals.  I typically remove the user myself if 3 months have passed since my add date (unless they explicitly ask me to extend it... and pay me appropriately).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 14, 2018, 09:22:39 AM
If I added a Discover user on 8/11/18, shouldn't I have been told to remove them by now?  Or does Discover just need to stay on longer?

The new company is not the best with communication (or timeliness)... but they're especially bad about following up with removals.  I typically remove the user myself if 3 months have passed since my add date (unless they explicitly ask me to extend it... and pay me appropriately).

Feel free to do what you want, but as the previous poster noted, if the credit card issuer is doing an audit, New Company feels like (or has data to suggest that) removing an AU during the audit increases your risk of card closure.

I have seen New Company drop the ball on communication a time or two, but when that happens I usually reach out to them via email and they respond pretty quickly and accurately.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Onion on November 14, 2018, 10:21:12 AM
I have two Discover IT cards. One of them got shut down yesterday from Discover after about 11-12 AU slots in the last five months.

I called in to find out why. Was only able to be told it was a "Business decision" and given an address I could write to for more specifics.

Never overdue or late on this card.

I do have three other cards with other banks with high balances (0% bt). I don't know if that triggered it or the AU slots.

They still left me with my second Discover IT card (which is 5 1/2 years old)

Anyways - 11 slots at $150 each was worth it. ($1650).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on November 14, 2018, 04:02:50 PM
If I added a Discover user on 8/11/18, shouldn't I have been told to remove them by now?  Or does Discover just need to stay on longer?

Are you with the new company? And is your Discover card on hold?

Shortly after I added a couple AUs a few months ago, the new company put my card on hold. I figured it was when Discover was doing audits and they wanted to minimize activity that might get a card closed. So I've still got those AUs on my card.

If you find out something different, please let us know.

Yes, new company.  And I see that both my Discover cards are on hold now.  It looks like the best plan is to wait it out and simply leave my Discover AU's on my cards until further notice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on November 15, 2018, 06:16:12 PM
I have been putting two AU on my Discover every 2-3 months for about 2 years. They have put my account on hold twice and I had to call adn confirm the AU , but I dont know if it was an audit or because  I added them online and not on the phone. I think you could go with Discover for quite a while if you limit your AU to two.

I added an AU on my chase card tonoght, they will not take the social security nuber this is not new but tonight they only took the name and DOB. anyone else have this problem with chase?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Onion on November 16, 2018, 10:23:23 AM
I have been putting two AU on my Discover every 2-3 months for about 2 years. They have put my account on hold twice and I had to call adn confirm the AU , but I dont know if it was an audit or because  I added them online and not on the phone. I think you could go with Discover for quite a while if you limit your AU to two.

I added an AU on my chase card tonoght, they will not take the social security nuber this is not new but tonight they only took the name and DOB. anyone else have this problem with chase?

Did you add over the phone or online? I always add online and there has been slot for address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on November 16, 2018, 12:51:33 PM
Hi Onion,
Yes I did call it in,   I will try online. thanks for the Info
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on November 16, 2018, 02:01:09 PM
I for sure dont want my card closed but i need the $.



I won't speak to your personal situation, but, to anyone reading along and considering this gig, I would really, really recommend not doing this with any card you don't want closed.

You really have to think of the card as disposable.

Before I sign up a card to sell tradelines, I make sure I empty it completely--earn any bonuses, cash in any rewards, etc--and treat it as if the card is already closed.

Basically, if you can get in the mindset that you want this card closed, but don't want to go through the hassle of calling in and dealing with the credit card company, and then the tradeline people come along and say "wouldn't you rather get paid for closing your credit card? We'll pay you $50, $250, maybe $1000 or more to get your card closed", it's a much better way to look at it. It certainly makes it more fun... seeing how much you can get paid for something you were going to throw out anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sol on November 16, 2018, 02:32:37 PM
seeing how much you can get paid for something you were going to throw out anyway.

A friend of mine works in a warehouse that manufactures "quartz" countertops.  They sell their finished product for thousands of dollars per kitchen, but they generate huge amounts of waste material and were previously paying a service to come haul it away to the dump.  Then they started grinding up their expensive countertop scraps and giving it away free to the city to use as road fill material for potholes and such, but at least they didn't have to pay to have it hauled off.  Then they started selling it by the cubic yard to construction companies to use as road fill material, and raked in huge new dollars from what was previously a waste product.  Then they started bagging it and selling it as decorative ground cover in home and garden stores, and got paid even more.  Now the stuff goes for $25 per bag instead of $25 per cubic yard instead of free to the city instead of costing them money to dispose of.  This is how all companies operate, constantly finding ways to turn byproducts into profit streams, and I like the idea of using your mailbox full of credit card offers the same way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 16, 2018, 03:18:11 PM
I for sure dont want my card closed but i need the $.



I won't speak to your personal situation, but, to anyone reading along and considering this gig, I would really, really recommend not doing this with any card you don't want closed.

You really have to think of the card as disposable.

Before I sign up a card to sell tradelines, I make sure I empty it completely--earn any bonuses, cash in any rewards, etc--and treat it as if the card is already closed.

Basically, if you can get in the mindset that you want this card closed, but don't want to go through the hassle of calling in and dealing with the credit card company, and then the tradeline people come along and say "wouldn't you rather get paid for closing your credit card? We'll pay you $50, $250, maybe $1000 or more to get your card closed", it's a much better way to look at it. It certainly makes it more fun... seeing how much you can get paid for something you were going to throw out anyway.

Also, don't be surprised if your application for a premium credit card with a bank gets declined if you had a card previously closed by the same bank for selling tradelines. It happened to me recently: BofA closed a card I used for tradelines, then I applied for new card with a $600+ signup bonus and got declined. I called and asked why. The only reason was that they closed my previous card.

I have received enough sign up bonuses and other credit card rewards to not worry about these things anymore, but your mileage may vary.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on November 16, 2018, 03:29:08 PM
seeing how much you can get paid for something you were going to throw out anyway.

A friend of mine works in a warehouse that manufactures "quartz" countertops.  They sell their finished product for thousands of dollars per kitchen, but they generate huge amounts of waste material and were previously paying a service to come haul it away to the dump.  Then they started grinding up their expensive countertop scraps and giving it away free to the city to use as road fill material for potholes and such, but at least they didn't have to pay to have it hauled off.  Then they started selling it by the cubic yard to construction companies to use as road fill material, and raked in huge new dollars from what was previously a waste product.  Then they started bagging it and selling it as decorative ground cover in home and garden stores, and got paid even more.  Now the stuff goes for $25 per bag instead of $25 per cubic yard instead of free to the city instead of costing them money to dispose of.  This is how all companies operate, constantly finding ways to turn byproducts into profit streams, and I like the idea of using your mailbox full of credit card offers the same way.

Yep, and I just learned that's where "Baby Carrots" come from too: carrot growers found that grocery stores only wanted perfect looking, straight, pointed cone carrots, because that's all people would buy. So they were stuck with the lumpy, crooked, misshapen carrots with no use for them. They they figured out they could cut them into smaller two-inch segments and shave them into uniform shapes, and people would pay 4 times as much per pound for them! Eventually even the "normal-looking" carrots were more profitable shaved into Baby Carrots.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on November 16, 2018, 07:09:28 PM
So I have 2 Discover cards with the New Company, and both had been resting for a couple months as the risk of audit has been quite high apparently.  Well, all of a sudden one of them was put back to active today.  I'm wondering if the audit stuff is done for awhile now?

I found this out when I got 4 notification emails, all for the same Discover It card.  I have to remove 2 of my AU's from August and then add 2 other ones.  What would be the best order of operation to get these 4 things accomplished?  I was thinking Add 1 user, then wait a day and Add the next one...then wait maybe a week and remove the 2 old ones?  I did email the New Company to see what the latest is with Discover and how I should proceed so I'll see what they think too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 16, 2018, 10:12:25 PM
I found this out when I got 4 notification emails, all for the same Discover It card.  I have to remove 2 of my AU's from August and then add 2 other ones.  What would be the best order of operation to get these 4 things accomplished?  I was thinking Add 1 user, then wait a day and Add the next one...then wait maybe a week and remove the 2 old ones?  I did email the New Company to see what the latest is with Discover and how I should proceed so I'll see what they think too.

New Company gives you advice on how to do this.  I think one of their rules is to never perform add and remove operations in the same phone call.  And I think another rule is that it is OK to add multiple or remove multiple in a single call.  But check what they've told you either online or in emails or in the documentation they sent you when you signed up with them.

Personally I would remove both old ones in one phone call, then add first AU in one phone call, then add second AU in one phone call - as long as that comported with all of New Company's guidance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rwaters415 on November 16, 2018, 10:41:27 PM
Finally. Took me days to get through this monster thread, but I'm glad I took the time to read it all.

Much like the FIRE movement itself, it seems I'm late to the party once again. Oh well.

I read the first few pages and was optimistic enough to message ARS for the info, up my credit limit on my Chase card I was considering using ($20k limit now), and apply for two new cards (a Wells Fargo for the sign up bonus, but maybe I can use it later on for tradelines, and a barclays card to season for later use). I also have a BofA with a $21k limit and long credit history I'd like to use for this, but I have a balance transfer on it right now that I'll have to work on paying down. However, I promised myself I wouldn't actually contact the companies without reading this whole thread first, and I'm so glad I did. So, all that to say: if you're new here like me and considering this, please read this entire thread. It's incredibly useful and has helped me rethink how I'll approach this once I'm ready. My two biggest takeaways:

- I will open a PO Box to use for this
- I won't use my personal phone number when adding AU's

Couple questions:

For those who are paid by direct deposit- do you think that ups your chances of shut downs? For example, if I'm using a B of A card for TL, and I also bank with them, and then they see a TL company paying me in my checking account, wouldn't that be a huge red flag? Can you request a paper check with both companies?

Have any of the two recommended companies ever accepted Wells Fargo or Synchrony bank cards? Wells Fargo started me out at $11k, and I could probably get that higher in a year, and I already have a year old synchrony card with a $15k limit on it.

Lastly, the whole time reading through the thread I kept thinking to myself that SURELY the "new" company would get their shit together by the time I made it to the end of the thread. It appears they are still ironing out issues. What in the actual fuck? Come on! So yeah, if one of y'all could get the mustchian TL company up and going right before I'm ready to take the plunge, that's would be greeeeeeeeat. :)  kthxbye
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 16, 2018, 11:03:06 PM
For those who are paid by direct deposit- do you think that ups your chances of shut downs? For example, if I'm using a B of A card for TL, and I also bank with them, and then they see a TL company paying me in my checking account, wouldn't that be a huge red flag? Can you request a paper check with both companies?

No, I don't think it would be a problem.  I think New Company does ACH deposits under an innocuous name; BofA is too busy to track down whether any given deposit is from a TL company.  You could ask the TL companies to send you a check but I think they would rather do ACH deposits.

Have any of the two recommended companies ever accepted Wells Fargo or Synchrony bank cards? Wells Fargo started me out at $11k, and I could probably get that higher in a year, and I already have a year old synchrony card with a $15k limit on it.

Not to my knowledge.

Lastly, the whole time reading through the thread I kept thinking to myself that SURELY the "new" company would get their shit together by the time I made it to the end of the thread. It appears they are still ironing out issues. What in the actual fuck? Come on! So yeah, if one of y'all could get the mustchian TL company up and going right before I'm ready to take the plunge, that's would be greeeeeeeeat. :)  kthxbye

New Company has been fine for me personally.  There may be some complaints on this thread, but given the number of TLs, AU buyers, and AU sellers, I think the percentage is pretty low.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rwaters415 on November 16, 2018, 11:15:12 PM
For those who are paid by direct deposit- do you think that ups your chances of shut downs? For example, if I'm using a B of A card for TL, and I also bank with them, and then they see a TL company paying me in my checking account, wouldn't that be a huge red flag? Can you request a paper check with both companies?

No, I don't think it would be a problem.  I think New Company does ACH deposits under an innocuous name; BofA is too busy to track down whether any given deposit is from a TL company.  You could ask the TL companies to send you a check but I think they would rather do ACH deposits.

Have any of the two recommended companies ever accepted Wells Fargo or Synchrony bank cards? Wells Fargo started me out at $11k, and I could probably get that higher in a year, and I already have a year old synchrony card with a $15k limit on it.

Not to my knowledge.

Lastly, the whole time reading through the thread I kept thinking to myself that SURELY the "new" company would get their shit together by the time I made it to the end of the thread. It appears they are still ironing out issues. What in the actual fuck? Come on! So yeah, if one of y'all could get the mustchian TL company up and going right before I'm ready to take the plunge, that's would be greeeeeeeeat. :)  kthxbye

New Company has been fine for me personally.  There may be some complaints on this thread, but given the number of TLs, AU buyers, and AU sellers, I think the percentage is pretty low.

Thank you for the feedback! <3
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Onion on November 16, 2018, 11:17:36 PM
I found this out when I got 4 notification emails, all for the same Discover It card.  I have to remove 2 of my AU's from August and then add 2 other ones.  What would be the best order of operation to get these 4 things accomplished?  I was thinking Add 1 user, then wait a day and Add the next one...then wait maybe a week and remove the 2 old ones?  I did email the New Company to see what the latest is with Discover and how I should proceed so I'll see what they think too.

New Company gives you advice on how to do this.  I think one of their rules is to never perform add and remove operations in the same phone call.  And I think another rule is that it is OK to add multiple or remove multiple in a single call.  But check what they've told you either online or in emails or in the documentation they sent you when you signed up with them.

Personally I would remove both old ones in one phone call, then add first AU in one phone call, then add second AU in one phone call - as long as that comported with all of New Company's guidance.

Why not add and remove with discover through their online portal? Why over the phone?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 16, 2018, 11:47:03 PM
I found this out when I got 4 notification emails, all for the same Discover It card.  I have to remove 2 of my AU's from August and then add 2 other ones.  What would be the best order of operation to get these 4 things accomplished?  I was thinking Add 1 user, then wait a day and Add the next one...then wait maybe a week and remove the 2 old ones?  I did email the New Company to see what the latest is with Discover and how I should proceed so I'll see what they think too.

New Company gives you advice on how to do this.  I think one of their rules is to never perform add and remove operations in the same phone call.  And I think another rule is that it is OK to add multiple or remove multiple in a single call.  But check what they've told you either online or in emails or in the documentation they sent you when you signed up with them.

Personally I would remove both old ones in one phone call, then add first AU in one phone call, then add second AU in one phone call - as long as that comported with all of New Company's guidance.

Why not add and remove with discover through their online portal? Why over the phone?

Ah, whoops.  I don't actually have any Discover cards registered with the TL companies, and most of the cards I do have registered have adds/removes done via phone, so I just defaulted to that.  Personally, if I can add or remove via a portal, I'll do it that way because I prefer it to phone calls.

Overall I (nearly always) follow what the TL companies recommend.  New Company has a little information icon that appears to give issuer-specific guidance in a popup window, so I usually follow that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on November 17, 2018, 09:45:03 AM
I am such an idiot.  I received an AU card in the mail today and in trying to activate the card I noticed that I mixed up the First and Last name.   And since it is a Barclay card, I did not provide the SSN because they seem to post with just the Name, DOB and address.  Now I have to figure out how to fix this mess...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 17, 2018, 11:25:17 AM
I am such an idiot.  I received an AU card in the mail today and in trying to activate the card I noticed that I mixed up the First and Last name.   And since it is a Barclay card, I did not provide the SSN because they seem to post with just the Name, DOB and address.  Now I have to figure out how to fix this mess...

Whoops!

Although I also never bother with the SSN because they post with just the name, dob, address (the stuff you can put in online, without calling), in this case I'd likely call in now and add the SSN and hope that it still posts with the first/last name reversed (using the DOB, address, and SSN as enough info).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 17, 2018, 11:30:28 AM
There may be some complaints on this thread, but given the number of TLs, AU buyers, and AU sellers, I think the percentage is pretty low.

Indeed!

I've thought the same thing.

Given the amount (hundreds of thousands of dollars) Mustachians have collectively made on tradelines since I posted about it over two years ago, the amount of complaints in proportion to that has been shockingly small:
- Credit cards being closed
- Some junk mail, if your address is used
- Some spam phone calls from debt collectors, if your phone number is easily linked to your address
- Some slow responses when asking questions of customer service
- Some payments being a bit later than expected

..I mean, not ideal, sure. But, relatively minor things (or potentially expected, like card closures) and, as you say, given the number of people and sales, even these issues are quite infrequent. E.g. we don't have dozens and dozens of people getting cards shut down all the time. Some randomly are, and it sucks if you're the one with the bad luck, but in general, it's not often.

And given the amount of money and lack of effort/time needed, tradeline sales continue to astound me as about the best, easiest, highest paying per hour side-gig I've ever heard of, and still going strong.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 17, 2018, 12:21:34 PM
There may be some complaints on this thread, but given the number of TLs, AU buyers, and AU sellers, I think the percentage is pretty low.

Indeed!

I've thought the same thing.

Given the amount (hundreds of thousands of dollars) Mustachians have collectively made on tradelines since I posted about it over two years ago, the amount of complaints in proportion to that has been shockingly small:
- Credit cards being closed
- Some junk mail, if your address is used
- Some spam phone calls from debt collectors, if your phone number is easily linked to your address
- Some slow responses when asking questions of customer service
- Some payments being a bit later than expected

..I mean, not ideal, sure. But, relatively minor things (or potentially expected, like card closures) and, as you say, given the number of people and sales, even these issues are quite infrequent. E.g. we don't have dozens and dozens of people getting cards shut down all the time. Some randomly are, and it sucks if you're the one with the bad luck, but in general, it's not often.

And given the amount of money and lack of effort/time needed, tradeline sales continue to astound me as about the best, easiest, highest paying per hour side-gig I've ever heard of, and still going strong.

I think something for people to remember is that people tend to post about the negative occurrences on this thread and not the positives.  So let me take a minute and do that.

I have had 49 AUs between Old Company, New Company, and private sales across seven cards over the past 27 months.

I have had no cards closed.  No impact on me.

One of my cards had a security fraud alert placed on it for a few months.  I had an uncomforable phone call with the security analyst until I realized I could hang up on him.  Waited a few months, called back with some trepidation, went through the security process, and am now adding AUs on that card again.  Total time:  15 minutes.

I received a note on my front door that a repo man had visited.  I called him and told him the guy didn't live here.  Five minutes.

I received about six USAA privacy notices addressed to former AUs.  30 seconds to drop them in recycling.

Of those 49 AUs, only two have not posted.  I did not get paid for those two.

I've been FIREd for about 33 months, and my piggybacking income - which was unplanned when I retired - covers about 25% of my living expenses.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 17, 2018, 03:09:37 PM
Discover closed my account with the message "we are no longer able to meet your servicing needs." No clue about why - I haven't had an add since late last year. Pretty normal usage on it.

I continue to suspect that companies do periodic audits where they query their databases for what they consider to be risky behavior.  They then either human review or (less likely) do mass closings.

If this is accurate, then there could be a long while between when one does what they consider risky and the account closure.  It also means that "normal usage" may not inoculate one against account closure.

I continue to think that the total number of AU's added to a line, perhaps limited to those that don't reside at the same address or share the same last name, would be the search criteria that they use.

I also don't think they expend much energy or effort on this kind of thing overall, since the direct cost to them is pretty low.  Their main business risk would be loss due to fraud or punitive damages by not complying with federal restrictions on foreign nationals subject to sanction or something like that.

@Shade00, there also is the possibility that the reason for closure may not be related to AUs.  It's possible that some other behavior is what triggered the closure.  I don't know about you, but I typically do multiple things on each credit line that the CC companies don't like.

Great results, how many cards are you using for tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rwaters415 on November 17, 2018, 03:27:56 PM
There may be some complaints on this thread, but given the number of TLs, AU buyers, and AU sellers, I think the percentage is pretty low.

Indeed!

I've thought the same thing.

Given the amount (hundreds of thousands of dollars) Mustachians have collectively made on tradelines since I posted about it over two years ago, the amount of complaints in proportion to that has been shockingly small:
- Credit cards being closed
- Some junk mail, if your address is used
- Some spam phone calls from debt collectors, if your phone number is easily linked to your address
- Some slow responses when asking questions of customer service
- Some payments being a bit later than expected

..I mean, not ideal, sure. But, relatively minor things (or potentially expected, like card closures) and, as you say, given the number of people and sales, even these issues are quite infrequent. E.g. we don't have dozens and dozens of people getting cards shut down all the time. Some randomly are, and it sucks if you're the one with the bad luck, but in general, it's not often.

And given the amount of money and lack of effort/time needed, tradeline sales continue to astound me as about the best, easiest, highest paying per hour side-gig I've ever heard of, and still going strong.

I think something for people to remember is that people tend to post about the negative occurrences on this thread and not the positives.  So let me take a minute and do that.

I have had 49 AUs between Old Company, New Company, and private sales across seven cards over the past 27 months.

I have had no cards closed.  No impact on me.

One of my cards had a security fraud alert placed on it for a few months.  I had an uncomforable phone call with the security analyst until I realized I could hang up on him.  Waited a few months, called back with some trepidation, went through the security process, and am now adding AUs on that card again.  Total time:  15 minutes.

I received a note on my front door that a repo man had visited.  I called him and told him the guy didn't live here.  Five minutes.

I received about six USAA privacy notices addressed to former AUs.  30 seconds to drop them in recycling.

Of those 49 AUs, only two have not posted.  I did not get paid for those two.

I've been FIREd for about 33 months, and my piggybacking income - which was unplanned when I retired - covers about 25% of my living expenses.

Thank You very much for sharing your experience. I understand that most people have a good experience and don’t share it. People who tend to have a problem are the ones who post. At the same time, I have to assume also that not everyone who had a negative experience posted about it necessarily. Though I am comforted to know that most people don’t have a problem. Still, I do want to do this conservatively I think once the time comes. Maybe I’m just cautious.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on November 17, 2018, 03:32:05 PM
I also have a BofA with a $21k limit and long credit history I'd like to use for this, but I have a balance transfer on it right now that I'll have to work on paying down.

Is it possible to transfer the balance again (to a new card)? Or is it not allowed because it was a transfer initially? If you can, be on the look-out for a free balance-transfer offer for a new card. That will make your BofA immediately available for use.

Maybe even paying for a balance transfer to another card makes sense. Calculate what you would earn from TL sales vs. what it would cost to transfer the balance to another card.

If you can't do a balance transfer, I would look at all options for paying off the BofA so the card could start earning money. 

For those who are paid by direct deposit- do you think that ups your chances of shut downs? For example, if I'm using a B of A card for TL, and I also bank with them, and then they see a TL company paying me in my checking account, wouldn't that be a huge red flag? Can you request a paper check with both companies?

I did worry about that. I bank with Chase and have a long history. I opened an online savings account elsewhere (BankOnCit which pays a higher interest rate anyway.) It's an easy way to keep track of my TL money as that is the only activity in that account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 17, 2018, 05:16:53 PM
Great results, how many cards are you using for tradelines?

I started with seven and am down to six after voluntarily sidelining my USAA card.  I've got one or two more to add when they age past a year.

I will note that some of my cards are way more popular with the AUs than others, but I think I've had multiple sales on all of them.

Also, if anyone is curious, I seem to be very popular with people of Armenian heritage living in California.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 17, 2018, 07:49:06 PM
+1 on Armenians :)

I have had about 45 AU sales in about 2 years.  That was mostly 2 cards, now up to 4 cards.  Discover did shut me down but that has been the only issue for me.

Happy THANKSgiving, @arebelspy !  If you visit Louisiana, you have to let me buy you a beer or 2.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on November 18, 2018, 06:09:58 AM
My only complaint is that I wish I had more cards to put into the system ( :
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on November 18, 2018, 06:48:33 AM
Has anyone had experience on how long it takes for your first sale after you start?  I put in 2 cards in August - one Chase with $25k credit limit that has been open 4 years and one Elan with a $25k credit limit that has been open for 10+ years.  If I never get any sales I'm not concerned, but just wondering if I have the wrong type of cards in or maybe it just takes time?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: rwaters415 on November 18, 2018, 07:00:25 AM
I also have a BofA with a $21k limit and long credit history I'd like to use for this, but I have a balance transfer on it right now that I'll have to work on paying down.

Is it possible to transfer the balance again (to a new card)? Or is it not allowed because it was a transfer initially? If you can, be on the look-out for a free balance-transfer offer for a new card. That will make your BofA immediately available for use.

Maybe even paying for a balance transfer to another card makes sense. Calculate what you would earn from TL sales vs. what it would cost to transfer the balance to another card.

If you can't do a balance transfer, I would look at all options for paying off the BofA so the card could start earning money. 

For those who are paid by direct deposit- do you think that ups your chances of shut downs? For example, if I'm using a B of A card for TL, and I also bank with them, and then they see a TL company paying me in my checking account, wouldn't that be a huge red flag? Can you request a paper check with both companies?

I did worry about that. I bank with Chase and have a long history. I opened an online savings account elsewhere (BankOnCit which pays a higher interest rate anyway.) It's an easy way to keep track of my TL money as that is the only activity in that account.

It’ll only take me a few months to finish paying off the balance transfer I have, so I’ll just be patient with my BofA card. And as far as getting paid goes, I’m still up in the air about that... I’ll just keep following this thread and see if/when anymore crack downs happen. I have a high yield savings account with betterment. I was thinking of having them deposit the checks there if possible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on November 18, 2018, 08:55:37 AM
Has anyone had experience on how long it takes for your first sale after you start?  I put in 2 cards in August -...maybe it just takes time?

Every time I add a card to New Company, the name field  says "unavailable" for the first 2 months.

If you're at the new company, look at the "my cards" page, click "expand all".  You'll have the 7-month view which shows 2 or 3 slots under each card. The slots will either have the AU's name, or the word "available" or "unavailable". 

See in which month "available" appeared for each card.  I would suspect the August and September fields say "unavailable"...maybe even October if you joined in late August.  That would mean November is the first month your cards have been available for sales.

Also check "my tasks" just to be sure you didn't miss a task. That's a long shot though as they send both email and text. 

If you don't get any sales this month, call or email them. There may be a reason like your W-9 or bank form didn't upload.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on November 18, 2018, 10:51:55 AM
Has anyone had experience on how long it takes for your first sale after you start?  I put in 2 cards in August -...maybe it just takes time?

Every time I add a card to New Company, the name field  says "unavailable" for the first 2 months.

If you're at the new company, look at the "my cards" page, click "expand all".  You'll have the 7-month view which shows 2 or 3 slots under each card. The slots will either have the AU's name, or the word "available" or "unavailable". 

See in which month "available" appeared for each card.  I would suspect the August and September fields say "unavailable"...maybe even October if you joined in late August.  That would mean November is the first month your cards have been available for sales.

Also check "my tasks" just to be sure you didn't miss a task. That's a long shot though as they send both email and text. 

If you don't get any sales this month, call or email them. There may be a reason like your W-9 or bank form didn't upload.

That's not exactly right... the past months say "unavailable" because the closing date has already passed. I have a card that closes the 18th of the month, if I log in on the 7th, it shows as Available, but if I log in on the 20th, it's unavailable for that month. So you can't really look at past months and know anything.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on November 18, 2018, 02:56:51 PM
Ah! I see.  So the best they can do is look at "November" and future months and see if they say "unavailable."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 18, 2018, 03:25:36 PM
Has anyone had experience on how long it takes for your first sale after you start?  I put in 2 cards in August - one Chase with $25k credit limit that has been open 4 years and one Elan with a $25k credit limit that has been open for 10+ years.  If I never get any sales I'm not concerned, but just wondering if I have the wrong type of cards in or maybe it just takes time?

It is hard to say.  It boils down to supply & demand.  I don't have any experience with Chase cards for this.  However, I would expect you will see sales on your Elan card.  Good age & limit so it should attract some AU's.

In case you have not seen it, there are some reports of Elan cards getting shut down after a relatively small number of AU's.  I have mine enrolled but assume it will get killed in the next few months or so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on November 20, 2018, 05:47:03 AM
Thanks for all the replies.  I hadn't seen that on Elan, so good to know.  I'm not too worried if it gets shut down.  I have my 17 year old DD on as an AU, but can switch her to another card if it does.  I'm hoping that by having her as an AU (although she doesn't have the use of the cards) on two of our cards will produce a credit score for her when she is 18. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on November 20, 2018, 06:17:35 AM
Great results, how many cards are you using for tradelines?

I started with seven and am down to six after voluntarily sidelining my USAA card.  I've got one or two more to add when they age past a year.

I will note that some of my cards are way more popular with the AUs than others, but I think I've had multiple sales on all of them.

Also, if anyone is curious, I seem to be very popular with people of Armenian heritage living in California.

My USAA card is by far my best selling and most profitable card. Did USAA request that you stop selling AU spots? That's my fear. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on November 20, 2018, 09:33:23 AM
Has anyone noticed that the secure email function on Citi has vanished? I logged in yesterday to sent a message to add SSN for an AU and the only options under "Contact Us" are Chat, Call and Mail.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 20, 2018, 04:09:20 PM
Great results, how many cards are you using for tradelines?

I started with seven and am down to six after voluntarily sidelining my USAA card.  I've got one or two more to add when they age past a year.

I will note that some of my cards are way more popular with the AUs than others, but I think I've had multiple sales on all of them.

Also, if anyone is curious, I seem to be very popular with people of Armenian heritage living in California.

My USAA card is by far my best selling and most profitable card. Did USAA request that you stop selling AU spots? That's my fear.

Essentially, yes.  I sold several AUs on it, and then they called me about my activity.  They used the "We're disappointed in you" approach, which worked with my personality.  So I told them I would stop and I have.

I also have several other banking and insurance products with USAA and have been a member with them for over 30 years, so I felt it was worth protecting the relationship.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on November 20, 2018, 07:41:02 PM
Has anyone noticed that the secure email function on Citi has vanished? I logged in yesterday to sent a message to add SSN for an AU and the only options under "Contact Us" are Chat, Call and Mail.

I had read they were doing away with the secure email, I think it was on Doctor of Credit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 20, 2018, 08:33:25 PM
A question about Barclays. I just tried to add an AU on their website as usual. After entering all the information, proceeding to add an AU and answering a security question, i was sent to the account summary page for that card instead of getting a confirmation that it has been added. I checked the list of AUs and didn't see the new one. Also, i always get an email confirmation after adding AUs but this time i didn't. 

Does anybody know what could have happened there? I did add quite a lot of AUs to this card but don't know exactly how many. Could it be that I have hit the limit on the number of AUs? I didn't get any warnings or messages about that though. Everything was as usual except no confirmation. What should i do?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 21, 2018, 01:48:28 PM
A question about Barclays. I just tried to add an AU on their website as usual. After entering all the information, proceeding to add an AU and answering a security question, i was sent to the account summary page for that card instead of getting a confirmation that it has been added. I checked the list of AUs and didn't see the new one. Also, i always get an email confirmation after adding AUs but this time i didn't. 

Does anybody know what could have happened there? I did add quite a lot of AUs to this card but don't know exactly how many. Could it be that I have hit the limit on the number of AUs? I didn't get any warnings or messages about that though. Everything was as usual except no confirmation. What should i do?

Is it showing now?  Did you get an email confirming it?

If not, do you think you have done more than 20 AUs on that card?  I hit the limit of AUs on a barclay card around 35.  When I went to add the next one, it would give a web site error message.  Eventually, a phone rep told me I had hit the limit (very nicely - they don't seem to care).

Hope this helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 21, 2018, 08:10:50 PM
A question about Barclays. I just tried to add an AU on their website as usual. After entering all the information, proceeding to add an AU and answering a security question, i was sent to the account summary page for that card instead of getting a confirmation that it has been added. I checked the list of AUs and didn't see the new one. Also, i always get an email confirmation after adding AUs but this time i didn't. 

Does anybody know what could have happened there? I did add quite a lot of AUs to this card but don't know exactly how many. Could it be that I have hit the limit on the number of AUs? I didn't get any warnings or messages about that though. Everything was as usual except no confirmation. What should i do?

Is it showing now?  Did you get an email confirming it?

If not, do you think you have done more than 20 AUs on that card?  I hit the limit of AUs on a barclay card around 35.  When I went to add the next one, it would give a web site error message.  Eventually, a phone rep told me I had hit the limit (very nicely - they don't seem to care).

Hope this helps.
Edit: just tried adding the same AU online one more time and this time it did work as usual with account showing and instant email confirmation.

Not sure what went wrong yesterday.

Yes I did more than 20, not sure if I did 35.

Did you manage to reset that limit?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: toppdealer on November 22, 2018, 07:47:37 AM
I have two Discover IT cards. One of them got shut down yesterday from Discover after about 11-12 AU slots in the last five months.

I called in to find out why. Was only able to be told it was a "Business decision" and given an address I could write to for more specifics.

Never overdue or late on this card.

I do have three other cards with other banks with high balances (0% bt). I don't know if that triggered it or the AU slots.

They still left me with my second Discover IT card (which is 5 1/2 years old)

Anyways - 11 slots at $150 each was worth it. ($1650).

I just had the same experience. Tried to use the card and got declined. Called in and they said the notes stated “we made a business decision to close your card”. They are mailing my bonus and gave me a physical address as the only place to contact with questions. Anyone have success in reopening a closed Discover account? Mine is 5 years old with $29k limit. Have added about 2-3 AU/mo since Feb. makes me concerned about my other cards- Chase, Citi, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on November 22, 2018, 09:44:53 AM
You're lucky they mailed your bonus. I lost mine from US Bank when my card was closed.

I haven't used my Discover yet for AUs, (it's only 1.5 years old) but I've been really happy with their customer service when I've contacted them for other issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on November 22, 2018, 10:09:37 AM
Great results, how many cards are you using for tradelines?

I started with seven and am down to six after voluntarily sidelining my USAA card.  I've got one or two more to add when they age past a year.

I will note that some of my cards are way more popular with the AUs than others, but I think I've had multiple sales on all of them.

Also, if anyone is curious, I seem to be very popular with people of Armenian heritage living in California.

My USAA card is by far my best selling and most profitable card. Did USAA request that you stop selling AU spots? That's my fear.

Essentially, yes.  I sold several AUs on it, and then they called me about my activity.  They used the "We're disappointed in you" approach, which worked with my personality.  So I told them I would stop and I have.

I also have several other banking and insurance products with USAA and have been a member with them for over 30 years, so I felt it was worth protecting the relationship.

I am considering putting my tradeline selling on hold with them in 2019. I have been with USAA for roughly 20 years now so I would hate to ruin my relationship with them as well. I've sold 6 spots in 8 months so I might be pushing that limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 23, 2018, 12:00:13 PM
Edit: just tried adding the same AU online one more time and this time it did work as usual with account showing and instant email confirmation.

Not sure what went wrong yesterday.

Yes I did more than 20, not sure if I did 35.

Did you manage to reset that limit?

No, I didn't find a way to reset the limit on AUs on that card.  It was my best seller too.  I have read that a product downgrade/product change works.  Unfortunately, there is no option for the card I have.  I am thinking it will be worthwhile to sign-up for new BC cards that are able to be downgraded.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on November 24, 2018, 03:46:47 PM
A question about Barclays. I just tried to add an AU on their website as usual. After entering all the information, proceeding to add an AU and answering a security question, i was sent to the account summary page for that card instead of getting a confirmation that it has been added. I checked the list of AUs and didn't see the new one. Also, i always get an email confirmation after adding AUs but this time i didn't. 

Does anybody know what could have happened there? I did add quite a lot of AUs to this card but don't know exactly how many. Could it be that I have hit the limit on the number of AUs? I didn't get any warnings or messages about that though. Everything was as usual except no confirmation. What should i do?

Is it showing now?  Did you get an email confirming it?

If not, do you think you have done more than 20 AUs on that card?  I hit the limit of AUs on a barclay card around 35.  When I went to add the next one, it would give a web site error message.  Eventually, a phone rep told me I had hit the limit (very nicely - they don't seem to care).

Hope this helps.
Edit: just tried adding the same AU online one more time and this time it did work as usual with account showing and instant email confirmation.

Not sure what went wrong yesterday.

Yes I did more than 20, not sure if I did 35.

Did you manage to reset that limit?

I've had this happen before, I just usually wait a while then try again. Here's a tip though - if you don't see the AU on your list of users, it wasn't added and you'll need to try again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on November 26, 2018, 06:43:11 AM
Can someone PM me with the info on old company and new company?  I’m only signed up with one and not sure which they are. Assume both companies are reputable.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 26, 2018, 11:14:57 AM
Can someone PM me with the info on old company and new company?  I’m only signed up with one and not sure which they are. Assume both companies are reputable.

PM sent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on November 26, 2018, 10:14:41 PM
I just recently sold my first two tradelines.  I was shocked and happy to finally get the ball rolling.  Today I received mail from Experian for one of my tradeline buyers.  Near the top of the first page it says Dispute Results.  I'm guessing she is disputing some of the information in her credit history but I really don't understand what this letter is talking about.  The one thing I do understand is under the list of addresses my address is at the top.  I'm not real thrilled with that.  Might have to get a PO Box if I'm going to continue selling tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 26, 2018, 10:25:04 PM
I just recently sold my first two tradelines.  I was shocked and happy to finally get the ball rolling.  Today I received mail from Experian for one of my tradeline buyers.  Near the top of the first page it says Dispute Results.  I'm guessing she is disputing some of the information in her credit history but I really don't understand what this letter is talking about.  The one thing I do understand is under the list of addresses my address is at the top.  I'm not real thrilled with that.  Might have to get a PO Box if I'm going to continue selling tradelines.

My guess is that she is disputing your address from her credit history.  If that's the case, it's totally fine.  She's just saying she didn't live there, which is true.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on November 27, 2018, 08:25:41 AM
I just recently sold my first two tradelines.  I was shocked and happy to finally get the ball rolling.  Today I received mail from Experian for one of my tradeline buyers.  Near the top of the first page it says Dispute Results.  I'm guessing she is disputing some of the information in her credit history but I really don't understand what this letter is talking about.  The one thing I do understand is under the list of addresses my address is at the top.  I'm not real thrilled with that.  Might have to get a PO Box if I'm going to continue selling tradelines.

My guess is that she is disputing your address from her credit history.  If that's the case, it's totally fine.  She's just saying she didn't live there, which is true.

That was my original thought but I'm still not sure.  I guess I'll have to contact the tradeline company to see if they can clue me in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: happymuzh on November 27, 2018, 09:09:46 AM
Woo Hoo!  First Post :)

Took me a few tries to get registered, but now I'm ready to get started with this cool venture!

@ars: Thanks a million (or a hundred thousand, at least) for bringing this to our attention and for so carefully tending the flock.  PM sent for TL co. referrals.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: happymuzh on November 27, 2018, 09:14:08 AM
Woo Hoo!  First Post :)

Took me a few tries to get registered, but now I'm ready to get started with this cool venture!

@ars: Thanks a million (or a hundred thousand, at least) for bringing this to our attention and for so carefully tending the flock.  PM sent for TL co. referrals.

Funny how my @ reference got redirected to a different user. I was of course aiming at arebelspy.

=)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: happymuzh on November 27, 2018, 02:52:14 PM
Thanks ARS for your reply about the TL companies!

I tried to respond to your PM, but I can't for the life of me figure out which blog post is the "first blog post".  The oldest?  The one on the front page?  I understand the desire for security, but that's seriously annoying!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 27, 2018, 03:11:16 PM
Thanks ARS for your reply about the TL companies!

I tried to respond to your PM, but I can't for the life of me figure out which blog post is the "first blog post".  The oldest?  The one on the front page?  I understand the desire for security, but that's seriously annoying!

Yeah, the first is the oldest one,  "Meet Mr Money Mustache (https://www.mrmoneymustache.com/2011/04/06/meet-mr-money-mustache/)". You can find all posts here (https://www.mrmoneymustache.com/all-the-posts-since-the-beginning-of-time/).

Feel free to email me directly using the email address I PM'd you, if you like or have more questions. :)

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on November 27, 2018, 06:58:28 PM
I am such an idiot.  I received an AU card in the mail today and in trying to activate the card I noticed that I mixed up the First and Last name.   And since it is a Barclay card, I did not provide the SSN because they seem to post with just the Name, DOB and address.  Now I have to figure out how to fix this mess...

Whoops!

Although I also never bother with the SSN because they post with just the name, dob, address (the stuff you can put in online, without calling), in this case I'd likely call in now and add the SSN and hope that it still posts with the first/last name reversed (using the DOB, address, and SSN as enough info).

I took your advice and called in with the SSN.  Well, today I logged onto my order history and this one shows up as posted now!  Thanks! 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 27, 2018, 07:08:36 PM
Excellent! Thanks for the followup. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: happymuzh on November 27, 2018, 10:39:24 PM
Thanks ARS for your reply about the TL companies!

I tried to respond to your PM, but I can't for the life of me figure out which blog post is the "first blog post".  The oldest?  The one on the front page?  I understand the desire for security, but that's seriously annoying!

Yeah, the first is the oldest one,  "Meet Mr Money Mustache (https://www.mrmoneymustache.com/2011/04/06/meet-mr-money-mustache/)". You can find all posts here (https://www.mrmoneymustache.com/all-the-posts-since-the-beginning-of-time/).

Awesome!  You're a champ!
I got the puzzles all figured out now (I generally have to listen to the letters, since my old eyes can't handle the captchas... my wife laughs at me when I smear the screen with my nose trying to read them! :) so I guess I'm officially part of the mustache community, though only slightly stubbly...
Feel free to email me directly using the email address I PM'd you, if you like or have more questions. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: toddmkl on November 28, 2018, 12:36:48 PM
I have been renting my credit score since January 2017.  This works but is risky like mentioned throughout this thread.

Really the only risk is your card being cancelled which can drop your total average Credit age which I believe affects your credit score a bit.  Hasn't really afffected mine enough to worry about it.

Also since your credit is tied to your name and thus a phone number you will get calls from Debt Collectors unless you change your phone number on your account.

You will get mail to your address addressed to those authorized users you have added in the past. Best bet is to just shred them and throw them away.  These mailings can be anywhere from credit card offers to traffic tool violations that that person you added hasn't paid or defaulted on a loan, etc, etc.  If you are living with someone else this can be a problem unless you want all your mail directed to a PO Box which isn't ideal either.

I had a few of my cards cancelled/put on restriction mode on me.  Best Buy Citi, Discover Card and Capital One all sent me letters stating that they have cancelled my card/put on hold/fraud suspicion, etc.  ONce that happens there is nothing that can be done to  save it.

Oh, and Capital ONe actually wanted me to go back over a year of Authorized users and send them pictures of the users drivers licenses FRONT AND BACK along with SS# etc. THere was no way I could provide that information b/c I work with a middle man who gets some of that information but not pictures of licenses, onl information and sometimes SS#'s and pictures of licenses but not always b/c only Discover requested photographs for proof.

Now I get TONS AND TONS Of hard back type envelopes from Capital One with Credit card offers to my house with those other peoples names on them. Capital One actually has my card on Restriction, so it's not technically cancelled but has been restricted for almost a year now. 

If you can deal with those annoyances this is worth it. It's certaintle worth it to me!  :)

Now with the companies in this thread I"m not sure you have to deal with these issues but I like the person I deal with and it's hassle free otherwise.

Oh, and I mentioned this to family memembers and they wanted NO part of it and I didn't stop hearing about it for at least 2 weeks.  They think it's a crime but and it can't be that easy etc. .. but it really is NOT A CRIME but does carry a bit of risk as far as cancellation is concerned. 






Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 28, 2018, 12:42:25 PM
Quote
Oh, and I mentioned this to family memembers and they wanted NO part of it and I didn't stop hearing about it for at least 2 weeks.  They think it's a crime but and it can't be that easy etc. .. but it really is NOT A CRIME but does carry a bit of risk as far as cancellation is concerned. 

The first rule of tradelines is.....you don't talk about tradelines.

My son has some idea (he's 22) but I continuously throw him off, talking about the low balance forgiveness cards I use to get free gas every month.  I would not tell my wife in a million years what's going on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on November 28, 2018, 01:52:31 PM
Oh, and I mentioned this to family memembers and they wanted NO part of it and I didn't stop hearing about it for at least 2 weeks.  They think it's a crime but and it can't be that easy etc. .. but it really is NOT A CRIME but does carry a bit of risk as far as cancellation is concerned.

If you read CreditBoards, there is a recent thread there on Tradelines. Their stance is that selling tradelines is illegal, although I have not seen them cite any evidence. But as a site focused on do it yourself credit repair, score improvement, and qualifying for credit cards, it makes sense for them to take that view.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: I'm a red panda on November 28, 2018, 02:00:13 PM
I would not tell my wife in a million years what's going on.

That sounds like a healthy relationship dynamic.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on November 28, 2018, 11:07:35 PM
I would not tell my wife in a million years what's going on.

That sounds like a healthy relationship dynamic.
That's why I am divorced. Well, not literally because of TL, but in general to be able to do with my money whatever I want.
And, btw, on the topic, still no sale on my TLs. Hopefully next year would be better for selling TLs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 29, 2018, 07:09:36 AM
I would not tell my wife in a million years what's going on.

That sounds like a healthy relationship dynamic.

She is simply ultra-scared about money matters.  When she gets offers in the mail to get $400 for opening a credit card, that scares her and she throws it away.  She refuses to look at my simple spread sheet with our assets laid out and the total shown. 

We work as a team on everything except financial and medical issues.  I do financial and she (nurse and literally wrote the training book for nurse case managers) does all the medical stuff.  As much as she's averse to financial things, I am even more averse to medical things.  I've passed out numerous times when talking to a doctor about upcoming surgery.  Smelling salts anyone?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: toddmkl on November 29, 2018, 08:45:36 AM
Oh, and I mentioned this to family memembers and they wanted NO part of it and I didn't stop hearing about it for at least 2 weeks.  They think it's a crime but and it can't be that easy etc. .. but it really is NOT A CRIME but does carry a bit of risk as far as cancellation is concerned.

If you read CreditBoards, there is a recent thread there on Tradelines. Their stance is that selling tradelines is illegal, although I have not seen them cite any evidence. But as a site focused on do it yourself credit repair, score improvement, and qualifying for credit cards, it makes sense for them to take that view.

It really all boils down to your ethical point of view. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elaine amj on November 29, 2018, 08:51:57 AM
Has anyone had experience on how long it takes for your first sale after you start?  I put in 2 cards in August - one Chase with $25k credit limit that has been open 4 years and one Elan with a $25k credit limit that has been open for 10+ years.  If I never get any sales I'm not concerned, but just wondering if I have the wrong type of cards in or maybe it just takes time?
We're still waiting too :) But didn't start until Sept/Oct. Oh well, it will happen when it happens and will be a nice bonus if it does.

Sent from my LG-K373 using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: toddmkl on November 29, 2018, 09:54:10 AM
Anyone ever hear of using a TD Bank Card for this?  A friend of mine had a friend who sold Authorized user spots.  He deals with TD Card as one of his major card sellers.  However, at that time I had just gotten a TD Bank Card and I was and I'm still dealing with my guy and dint' want to split away from him. So that friend who dealt with TD got upset about that and I don't think he'll help me out when my TD Card matures enough to sell it. 

Also my current guy that I deal with never heard of anyone selling TD authorized user spots.   


Also anyone think about staring their own business selling tradelines? I hear all that you need is a brokers license but I have yet to look into it. 



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on November 29, 2018, 11:11:03 AM
Why would you need a brokers license? Doesn't make any sense to me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: toddmkl on November 29, 2018, 11:33:33 AM
Why would you need a brokers license? Doesn't make any sense to me.

This is why I'm asking. I'm not sure.  That's what someone told me and I don't know what to make of it. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on November 30, 2018, 04:02:00 PM
Anyone ever gotten an "error" when trying to add an AU online with Chase?
I entered the person's info in the Add an AU, and when I clicked on SAVE I get this error:
"It looks like this part of our site isn't working right now."

I will call them if it isn't working in the next day or two, but I am just curious if this definitely means my account has been "flagged" or something.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: anonymouscow on November 30, 2018, 07:13:45 PM
Anyone ever gotten an "error" when trying to add an AU online with Chase?
I entered the person's info in the Add an AU, and when I clicked on SAVE I get this error:
"It looks like this part of our site isn't working right now."

I will call them if it isn't working in the next day or two, but I am just curious if this definitely means my account has been "flagged" or something.

I’ve had this issue with the past two AUs I tried to add. The first one I called in to add, the second one I added through secure message. Secure message was easy, I just sent the info and said I wanted to add an AU and I received a message an hour later saying they were added.

It certainly feels like the account has been flagged somehow.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on November 30, 2018, 08:49:40 PM
Did you use Secure Message on a Chase card?  I just submitted a secure message to Chase so we shall see.

Strange because this is the first AU I have added on this card.  (though I did add my wife and 3 kids many many years ago and recently removed the kids).

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: anonymouscow on December 01, 2018, 08:14:38 AM
Did you use Secure Message on a Chase card?  I just submitted a secure message to Chase so we shall see.

Strange because this is the first AU I have added on this card.  (though I did add my wife and 3 kids many many years ago and recently removed the kids).

Yes, I used “secure message center” for a Chase card, I just told them I wanted to add an AU for card ending in xxxx. I have two cards and it’s letting me add for one, but I get the error with the other one.

I tried different browsers and different computers in case that was the issue. My only other thinking is maybe the website doesn’t like an address and there is a redirect to the wrong error page. I suppose I could ask Chase, but I don’t want any unnecessary attention.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 01, 2018, 10:06:41 AM
Did you use Secure Message on a Chase card?  I just submitted a secure message to Chase so we shall see.

Strange because this is the first AU I have added on this card.  (though I did add my wife and 3 kids many many years ago and recently removed the kids).

Yes, I used “secure message center” for a Chase card, I just told them I wanted to add an AU for card ending in xxxx. I have two cards and it’s letting me add for one, but I get the error with the other one.

I tried different browsers and different computers in case that was the issue. My only other thinking is maybe the website doesn’t like an address and there is a redirect to the wrong error page. I suppose I could ask Chase, but I don’t want any unnecessary attention.

If it's the AU address that's causing it - maybe, maybe not - what I would do is take the address given to you by the TL company and put it into the US Post Office website and have them give it back to you in "standard form", then put that in at the Chase site.  Might fix it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 01, 2018, 12:44:24 PM
Thanks anonymouscow and secondcor.

I was able to add the AU via Chase's secure messaging.  Phew!

Might be right about the address.  The format they gave me looks like included an apartment #.
Like this:   145 Rambler 32   (missing the #)
I thought about entering in as:  145 Rambler #32 or putting "145 Rambler" on Addr 1 line and "apt  32" on Addr 2 line, but didn't think it would make any difference.

Thanks for the replies.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on December 03, 2018, 07:58:57 AM
Can someone PM me with the info on old company and new company?  I’m only signed up with one and not sure which they are. Assume both companies are reputable.

PM sent.

Belated thanks.  I spilled coffee on my laptop and was out of commission for ten days.  Note to self - only drink coffee at desk from a cup with a lid. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: happymuzh on December 03, 2018, 01:46:12 PM
Here's a curious data point:

I added an AU to my Chase card today (online) and sent the SSN info by secure message.  This is the response I got:

Due to the security of the account, certain
information/changes can only be requested by the
authorized user. I see that you are listed as the Primary
Cardmember on the account ending in XXXX. Please ask the
authorized user to send us an email or call us at the
number on the back of the card.


I hadn't heard that Chase or any other card had taken to requiring SSNs to be added by the AU themselves.  Particularly curious since my AU is my wife; same last name and address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elaine amj on December 04, 2018, 03:29:12 PM
We finally sold our first tradeline! We posted a few Chase cards with one company and are still waiting for bites. Last month we were feeling a little discouraged. Then DH found a forgotten card - a Bank of America card that was a few years old with a 20k limit and we posted that with a different company. We got our first AU this morning :) :) We were able to add the AU online and will get $200 from this. Pretty excited.

Also, it's probably just as well not to do too many tradelines with Chase anyway since we like our Chase CCs plus we also bank with them.

Sent from my LG-K373 using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PatronWizard11 on December 05, 2018, 06:45:16 PM
I've search everywhere but does anyone know how to view your Chase AU's?

I had some family added a while back to help with Credit Score and want to remove one or two if they don't need it anymore but I cannot find a place to view them online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 05, 2018, 07:59:06 PM
I've search everywhere but does anyone know how to view your Chase AU's?

I had some family added a while back to help with Credit Score and want to remove one or two if they don't need it anymore but I cannot find a place to view them online.

I don't think you can.  You can call and ask them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 06, 2018, 02:05:19 AM
The old tradeline company is looking for newer and lower limit cards for the month of December.

Due to demand from AUs, the old company is looking for 6 months to two years in age.

Criteria: Barclays, Capital One, Citibank, Discover, PNC, US Bank, USAA.

Age limit: 6 months - 2 years.

Here is their commission schedule for these younger cards:
    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

Here is their commission schedule on higher limit cards, for comparison:
Spoiler: show

Discover, Citibank, Barclays, US Bank, and PNC - 2 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $125 per spot
    Limit $20,001 - $30,000 and 2+ years old - $175 per spot
    Limit $30,001 - $40,000 and 2+ years old - $200 per spot
    Limit $40,001 - or more 2+ years old - $225 per spot

 
Capital One and USAA - 3 Month Cycle Commission:
    Limit $5,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,000 - $20,000 and 2+ years old - $150 per spot
    Limit $20,001 - $30,000 and 2+ years old - $200 per spot
    Limit $30,001 - $40,000 and 2+ years old - $250 per spot
    Limit $40,001 - or more 5+ years old - $275 per spot

2/3 month cycle means you are paid that one amount to keep the AU on for 2 months or 3 months, respectively.


So a lower pay, obviously (if you had a card that was 18k limit and 2 years old on a three month cycle, you'd get $150, versus if it was less than 2 years you'd just get $25), but better than nothing if a card is otherwise ineligible, depending on the card/issuer/how aggressive they are in closures or limits.

If you want a referral to the tradeline company, Click Here To Send Me a PM (http://forum.mrmoneymustache.com/pm/?sa=send;u=25). Please specify what information you need (if you're looking for information on both, or if you just want old company's information for younger/lower limit cards, or what). :)

Disclaimer: I will get a referral commission when you sell AU spots, but you will get paid the same whether you use my referral or not--it will not reduce your payment to have me as the referral, and for some ages/limits with the new company you'll earn more using my referral.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 06, 2018, 07:13:00 AM
I got the old company email.

I think they maybe hurried it out.  It doesn't specify any card being ok or not.  I attempted to get in this morning and start uploading all my qualifying cards and it won't let me in.  In case I did forget my password, I hit "forgot password" and with the email address THEY sent me the notice to, it said it was invalid.

Patiently waiting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 06, 2018, 07:18:09 AM
It doesn't specify any card being ok or not.

Not 100% sure what you mean by this, but if you mean the issuer, that won't have changed.

Old company takes Barclays, Capital One, Citibank, Discover, Elan, PNC, US Bank, USAA, Bank of America, Chase.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 06, 2018, 07:44:07 AM
I just meant that the email didn't specify what cards (or banks) it will accept......or won't accept.

I guess when I'm able to get in, I'll bang around and see what gets in and what doesn't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elaine amj on December 06, 2018, 07:49:29 AM
Thanks for posting that comparison on the commission cycle :) We got that email and was debating. Hmmm...I should take a look at my cards again to see if I have under 2 year cards that might work. I doubt it though as I have not been playing the churning game much and just hit 1/24 (just got approved for 2 Southwest cards so we are super excited!)

Sent from my LG-K373 using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 07, 2018, 06:12:55 AM
Any opinions from the group on this new pricing?  I am thinking I will wait.  I have a few Barclays cards I am aging.  Since BC has an AU limit, I am thinking I will wait and get more per sale.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: drummlers on December 07, 2018, 07:06:33 AM
Just curious, I don't show that any tradelines have been added to my card yet, but I just received a report today on my credit that someone applied for credit using my social. Now, they listed their name and address. Is this normal for tradelines usage?

Thank you
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on December 07, 2018, 09:57:35 AM
Can someone confirm something for me?

When a person is added as an AU on a Non-Amex card, the tradeline has no mention of when the AU was actually added, correct?  So the tradeline history appears the same as it does for the primary, correct (other than the Authorized User Status)?   

Someone had mentioned on another forum being added as an AU on a 2+ year old credit card could impact 5/24 Chase status, which I believe is false but wanted to confirm. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 07, 2018, 10:13:32 AM
Can someone confirm something for me?

When a person is added as an AU on a Non-Amex card, the tradeline has no mention of when the AU was actually added, correct?  So the tradeline history appears the same as it does for the primary, correct (other than the Authorized User Status)?   

Someone had mentioned on another forum being added as an AU on a 2+ year old credit card could impact 5/24 Chase status, which I believe is false but wanted to confirm.

One minor nit - I don't think the credit report even distinguishes between an AU and the actual account holder.  From a credit report point of view, I think a credit line is a credit line.  Obviously the card issuer would know, but I don't think they report that bit of information to the CRAs.

Other than that very minor point, your understanding matches mine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on December 07, 2018, 10:15:36 AM


One minor nit - I don't think the credit report even distinguishes between an AU and the actual account holder.  From a credit report point of view, I think a credit line is a credit line.  Obviously the card issuer would know, but I don't think they report that bit of information to the CRAs.

Other than that very minor point, your understanding matches mine.

Hmm, I'll have to double check, but when I looked at my spouses report it showed her status as an authorized user at least on one of the cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 07, 2018, 10:52:57 AM


One minor nit - I don't think the credit report even distinguishes between an AU and the actual account holder.  From a credit report point of view, I think a credit line is a credit line.  Obviously the card issuer would know, but I don't think they report that bit of information to the CRAs.

Other than that very minor point, your understanding matches mine.

Hmm, I'll have to double check, but when I looked at my spouses report it showed her status as an authorized user at least on one of the cards.

Likewise - I am an AU on one of my wife's cards, shows up on Credit Karma as an Authorized User.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 07, 2018, 10:54:53 AM
Just curious, I don't show that any tradelines have been added to my card yet, but I just received a report today on my credit that someone applied for credit using my social. Now, they listed their name and address. Is this normal for tradelines usage?

Thank you

If someone is applying for credit using your social, you had your data exposed by some other means. Authorized Users never have visibility to your information (save possibly your address), definitely not your social.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 07, 2018, 11:53:54 AM


One minor nit - I don't think the credit report even distinguishes between an AU and the actual account holder.  From a credit report point of view, I think a credit line is a credit line.  Obviously the card issuer would know, but I don't think they report that bit of information to the CRAs.

Other than that very minor point, your understanding matches mine.

Hmm, I'll have to double check, but when I looked at my spouses report it showed her status as an authorized user at least on one of the cards.

Likewise - I am an AU on one of my wife's cards, shows up on Credit Karma as an Authorized User.

I stand corrected.  I just checked my Credit Karma report, and I'm listed as an AU on one of my Dad's cards.  So it is distinguished on the credit report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on December 07, 2018, 05:53:18 PM


One minor nit - I don't think the credit report even distinguishes between an AU and the actual account holder.  From a credit report point of view, I think a credit line is a credit line.  Obviously the card issuer would know, but I don't think they report that bit of information to the CRAs.

Other than that very minor point, your understanding matches mine.

Hmm, I'll have to double check, but when I looked at my spouses report it showed her status as an authorized user at least on one of the cards.

Likewise - I am an AU on one of my wife's cards, shows up on Credit Karma as an Authorized User.

I stand corrected.  I just checked my Credit Karma report, and I'm listed as an AU on one of my Dad's cards.  So it is distinguished on the credit report.

Yes, this is true.
However, for business cards, it only appears to be true for Capital One Spark business. The other business cards I have (for which I'm an authorized user) don't show up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on December 12, 2018, 07:08:13 PM
Bogleheads post from today: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=266187

Is anyone worried about doing tradelines with Fidelity (Elan)?  Based on what I've read in this thread, it seems like Elan can be quite sensitive at times. I still have yet to make a sale with my Fidelity card, but I'm thinking about just pulling it.  I'm wondering if a shutdown would occur, could it possibly affect other accounts held at Fidelity as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 12, 2018, 07:26:11 PM
Bogleheads post from today: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=266187

Is anyone worried about doing tradelines with Fidelity (Elan)?  Based on what I've read in this thread, it seems like Elan can be quite sensitive at times. I still have yet to make a sale with my Fidelity card, but I'm thinking about just pulling it.  I'm wondering if a shutdown would occur, could it possibly affect other accounts held at Fidelity as well.

Not worried but I do expect closure after a small number of AU sales (based on info reported earlier in this thread).  I don't have much with Fidelity so others might worry about that.  However, Elan is separate so I think this risk is small (IMO).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on December 13, 2018, 10:58:04 AM
FYI - with Citibank I successfully removed a user just doing the online Live Chat.  Now that the secured message system is gone, that's one easy way to do it without calling in.  Haven't tried adding one like that yet, but will give it a go with my next Citi order. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 13, 2018, 01:36:36 PM
FYI - with Citibank I successfully removed a user just doing the online Live Chat.  Now that the secured message system is gone, that's one easy way to do it without calling in.  Haven't tried adding one like that yet, but will give it a go with my next Citi order.

I did an online chat once to confirm the social was included with the AU and the rep could not confirm over chat for security reasons. I would be surprised if you could do an add over chat, but it never hurts to try.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog on December 14, 2018, 03:40:17 PM
I had a an order on 6/25 and still haven't seen a payment.  Is it common to go this long and do you always have to nag them to get paid?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 14, 2018, 03:48:25 PM
I had a an order on 6/25 and still haven't seen a payment.  Is it common to go this long and do you always have to nag them to get paid?

Nope. An order on 6/25 likely posted early July, meaning payment should be end of September (two months later).

Contact the TL company, and if you can't get ahold of them, PM me details (your name/email and which TL company) and I can contact them to find out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 14, 2018, 06:50:17 PM
I know Barclays is a pretty preferred tradeline card.  There's no SS# spot when added online.  What's the best way to add the SS#.  I actually sold one spot yesterday and called it in.  The 2nd spot sold tonight and I'm not crazy about calling in again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 14, 2018, 07:04:11 PM
I know Barclays is a pretty preferred tradeline card.  There's no SS# spot when added online.  What's the best way to add the SS#.  I actually sold one spot yesterday and called it in.  The 2nd spot sold tonight and I'm not crazy about calling in again.
I just never add an SSN with Barclay's. I've always found the rest of the info (name, DOB, and address) is enough, and I've never had one not post.

I know several others do the same thing.

There are people who do add it (and the TL companies recommend you do). Add them like normal online and then calling to add the SSN, like you did, is the correct way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 14, 2018, 07:06:31 PM
Interesting.  I'll do that going forward.  I sent in a chat message to add the ss.  We'll see how that works.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Encinoman45 on December 14, 2018, 08:17:14 PM
Any opinions from the group on this new pricing?  I am thinking I will wait.  I have a few Barclays cards I am aging.  Since BC has an AU limit, I am thinking I will wait and get more per sale.

$25 per Add is not worth it for me. I'm waiting too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 14, 2018, 08:18:09 PM
The 2nd spot sold tonight and I'm not crazy about calling in again.

I've been operating for years under the assumption that most large companies, which certainly includes Barclay's, have hundreds if not thousands of customer service reps who service hundreds if not thousands of calls a day.  I think the chances of getting the same rep and them remembering you is approximately zero.

Also, I also assume that for regular activities, they don't make a note on your account and/or care what you do as long as what you're doing isn't unusual or weird or illegal and you don't specifically ask them to make a note on your account.  This assumption matches my experience over the past 30 years and ~80 credit cards.

I do think that there is a separate group of people who search their data and try to find ways to minimize losses.  I suspect those people run queries searching for people who barely use their cards and who add multiple AUs with different last names.  That's how I'd catch piggybackers, anyway, and it matches up with my experience with multiple issuers over the past two years.

If you don't want to call in because two phone calls in two days is too much work, well, I can't help you with that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 14, 2018, 08:22:45 PM
Any opinions from the group on this new pricing?  I am thinking I will wait.  I have a few Barclays cards I am aging.  Since BC has an AU limit, I am thinking I will wait and get more per sale.

$25 per Add is not worth it for me. I'm waiting too.

I have one card that I could list with Old Company now for $25 per AU, or in a few months with New Company for $50 per AU.  I'm also waiting.  All of my cards are with New Company because they pay somewhat better than Old Company for the lines I have.  I think Old Company pays out more reliably, but that isn't a big deal in my case.

I have been tempted lately to double-list cards.  I won't do it, because I think it's unethical.  The ratio of sales to available slots is pretty low for me, but when I look back I think all of my cards have gotten some sales, and it seems a little random, so I don't think I could pick any particular card to move to Old Company and count on it doing better over there.  Finally, moving cards between companies is hassle and they don't seem to like it much.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on December 15, 2018, 05:25:34 AM
I had a an order on 6/25 and still haven't seen a payment.  Is it common to go this long and do you always have to nag them to get paid?

Nope. An order on 6/25 likely posted early July, meaning payment should be end of September (two months later).

Contact the TL company, and if you can't get ahold of them, PM me details (your name/email and which TL company) and I can contact them to find out.

It is a very common problem with the "new" company (at least for me, and plenty of others who have posted in this thread.)  After finally receiving the last payment I was due, after about a month of constant nagging, I shut down my account and moved all my cards to the "old" company.  The new company pays promptly when they say they will, without the need to ask.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 15, 2018, 12:35:35 PM
Quick question about Barclaycard. Is there a limit to how many AUs you can keep at the same time? For example, if you have 10 AUs linked to one card and active at the moment, can you add more AUs or do you have to remove some existing AUs to be able to do so?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 15, 2018, 01:00:55 PM
I had a an order on 6/25 and still haven't seen a payment.  Is it common to go this long and do you always have to nag them to get paid?

Nope. An order on 6/25 likely posted early July, meaning payment should be end of September (two months later).

Contact the TL company, and if you can't get ahold of them, PM me details (your name/email and which TL company) and I can contact them to find out.

It is a very common problem with the "new" company (at least for me, and plenty of others who have posted in this thread.)  After finally receiving the last payment I was due, after about a month of constant nagging, I shut down my account and moved all my cards to the "old" company.  The new company pays promptly when they say they will, without the need to ask.

Despite lower payouts, when I moved a couple cards over to the old company, I saw a huge upswing in AU sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 15, 2018, 02:15:42 PM
Quick question about Barclaycard. Is there a limit to how many AUs you can keep at the same time? For example, if you have 10 AUs linked to one card and active at the moment, can you add more AUs or do you have to remove some existing AUs to be able to do so?

Not sure of a limit of AUs at one time but I was capped at 5 on my best BC card.  I had it full at 5 AU's frequently with no issues.  Hope this helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 15, 2018, 02:21:43 PM
Quick question about Barclaycard. Is there a limit to how many AUs you can keep at the same time? For example, if you have 10 AUs linked to one card and active at the moment, can you add more AUs or do you have to remove some existing AUs to be able to do so?

Not sure of a limit of AUs at one time but I was capped at 5 on my best BC card.  I had it full at 5 AU's frequently with no issues.  Hope this helps.

BTW i was referring to the limit set by the bank, not any tradeline company. I have >5 AUs right now on my BarclayCard and so far no issues with adding more AUs. Just wondering if anybody else had any issues in this case and what was the maximum number of AUs they could keep at the same time on one card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on December 15, 2018, 05:42:24 PM
I just got my first add on a Capital One card. It doesn't look like I can add the AU's address in the online form - do you guys just put in all the other info (name, ssn, birthdate) and hope it posts? Or do I need to call and make sure they put in the address?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 16, 2018, 12:44:57 PM
I just got my first add on a Capital One card. It doesn't look like I can add the AU's address in the online form - do you guys just put in all the other info (name, ssn, birthdate) and hope it posts? Or do I need to call and make sure they put in the address?

I've never had a Capital One AU not post without an address. I wouldn't worry about calling in the address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on December 16, 2018, 02:03:17 PM
I just got my first add on a Capital One card. It doesn't look like I can add the AU's address in the online form - do you guys just put in all the other info (name, ssn, birthdate) and hope it posts? Or do I need to call and make sure they put in the address?

I've never had a Capital One AU not post without an address. I wouldn't worry about calling in the address.

Great, thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 17, 2018, 05:35:53 AM
I have a problem with my Citicard which I use for tradelines.

The last couple of times i called to add an AU, after entering all the details the rep transferred me to fraud dept. Fraud asked a couple of questions about my address etc and texted to verify my phone number,, nothing unusual or unreasonable. After i finished the calls I logged on to the web site to make sure that the AU was added in the system and double check their name and address. However, within a few hours after each of these calls i received an email saying that "the AU request wasn't completed". In the body of the email, it says that a system issue prevented them from processing a card request for the AU. It's too early to tell if these tradelines posted with the bureaus. To me it looks like the AUs are in the system and will likely post, but for whatever reason the bank doesn't issue actual cards. Perhaps they saw that there was no spend by previous AUs and blocked the system from issuing new AU cards for this account.

Has anybody else had a similar issue? If so, did your tradelines post in this case?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 17, 2018, 05:53:33 AM
Quick question about Barclaycard. Is there a limit to how many AUs you can keep at the same time? For example, if you have 10 AUs linked to one card and active at the moment, can you add more AUs or do you have to remove some existing AUs to be able to do so?

Not sure of a limit of AUs at one time but I was capped at 5 on my best BC card.  I had it full at 5 AU's frequently with no issues.  Hope this helps.

BTW i was referring to the limit set by the bank, not any tradeline company. I have >5 AUs right now on my BarclayCard and so far no issues with adding more AUs. Just wondering if anybody else had any issues in this case and what was the maximum number of AUs they could keep at the same time on one card.

I had six AUs on one Barclaycard and the system wouldn't let me add another one - I had to remove a user before adding another.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on December 17, 2018, 06:09:38 AM
I have a problem with my Citicard which I use for tradelines.

The last couple of times i called to add an AU, after entering all the details the rep transferred me to fraud dept. Fraud asked a couple of questions about my address etc and texted to verify my phone number,, nothing unusual or unreasonable. After i finished the calls I logged on to the web site to make sure that the AU was added in the system and double check their name and address. However, within a few hours after each of these calls i received an email saying that "the AU request wasn't completed". In the body of the email, it says that a system issue prevented them from processing a card request for the AU. It's too early to tell if these tradelines posted with the bureaus. To me it looks like the AUs are in the system and will likely post, but for whatever reason the bank doesn't issue actual cards. Perhaps they saw that there was no spend by previous AUs and blocked the system from issuing new AU cards for this account.

Has anybody else had a similar issue? If so, did your tradelines post in this case?

I had the same thing with Citi a couple times.  It ended up posting both times despite Citi telling me that adding the AU failed. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 17, 2018, 12:30:15 PM
Well, I took to this new low bar offer with the old company, printed my credit karma and started sending in everything that looked like it might stick.  Got one "regular" card registered and several, new $25 cards up and running.  Sold 2 $25 spots (a Barclay card).  To compare, I have NEVER had 2 spots sold with both companies in total for any month and on average have only sold a spot about once every 3 months between the 2 companies.  I'm quite happy to pull in $50 in one month.  To re-iterate, I ONLY list cards that can be burned.  I sort of expect that they will be.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 17, 2018, 12:47:19 PM
Well, I took to this new low bar offer with the old company, printed my credit karma and started sending in everything that looked like it might stick.  Got one "regular" card registered and several, new $25 cards up and running.  Sold 2 $25 spots (a Barclay card).  To compare, I have NEVER had 2 spots sold with both companies in total for any month and on average have only sold a spot about once every 3 months between the 2 companies.  I'm quite happy to pull in $50 in one month.  To re-iterate, I ONLY list cards that can be burned.  I sort of expect that they will be.

I had a similar experience. Sold a couple $25 spots on a "young" card I never expected would sell. It's not much but better than the card collecting dust in a sock drawer. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 17, 2018, 01:02:30 PM
I have a problem with my Citicard which I use for tradelines.

The last couple of times i called to add an AU, after entering all the details the rep transferred me to fraud dept. Fraud asked a couple of questions about my address etc and texted to verify my phone number,, nothing unusual or unreasonable. After i finished the calls I logged on to the web site to make sure that the AU was added in the system and double check their name and address. However, within a few hours after each of these calls i received an email saying that "the AU request wasn't completed". In the body of the email, it says that a system issue prevented them from processing a card request for the AU. It's too early to tell if these tradelines posted with the bureaus. To me it looks like the AUs are in the system and will likely post, but for whatever reason the bank doesn't issue actual cards. Perhaps they saw that there was no spend by previous AUs and blocked the system from issuing new AU cards for this account.

Has anybody else had a similar issue? If so, did your tradelines post in this case?

I had the same thing with Citi a couple times.  It ended up posting both times despite Citi telling me that adding the AU failed.
thank you, this is very helpful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 17, 2018, 01:04:23 PM
A question about taxes. If you get an order and register it on Dec 18 and get paid in 2019, should you include this payment in 2018 or 2019 taxable income?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 17, 2018, 01:15:41 PM
A question about taxes. If you get an order and register it on Dec 18 and get paid in 2019, should you include this payment in 2018 or 2019 taxable income?

You'll get a 1099 form from the tradeline company in Jan/Feb with exactly what you earned in each tax year. It'll probably be a 2019 payment, but, wait to get your form so that your personal tax return data matches what the tradeline company is telling the IRS.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joshua on December 19, 2018, 10:16:50 AM
I had a an order on 6/25 and still haven't seen a payment.  Is it common to go this long and do you always have to nag them to get paid?

Nope. An order on 6/25 likely posted early July, meaning payment should be end of September (two months later).

Contact the TL company, and if you can't get ahold of them, PM me details (your name/email and which TL company) and I can contact them to find out.

It is a very common problem with the "new" company (at least for me, and plenty of others who have posted in this thread.)  After finally receiving the last payment I was due, after about a month of constant nagging, I shut down my account and moved all my cards to the "old" company.  The new company pays promptly when they say they will, without the need to ask.

With the "new" company I never had an issue previously, but I had to message them last month about payment that was a couple months past due and they got it paid quickly. However I sent them an email 2 weeks ago about several adds from August that had not been paid out and haven't heard back from them. I just sent another email, but this has me wondering if they are having issues. I may be switching to the old company for several of our cards if this keeps happening. I do this as an easy way to make some extra money, I don't want to be constantly digging through my accounts to make sure I was paid for adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 19, 2018, 10:57:20 AM
I had a an order on 6/25 and still haven't seen a payment.  Is it common to go this long and do you always have to nag them to get paid?

Nope. An order on 6/25 likely posted early July, meaning payment should be end of September (two months later).

Contact the TL company, and if you can't get ahold of them, PM me details (your name/email and which TL company) and I can contact them to find out.

It is a very common problem with the "new" company (at least for me, and plenty of others who have posted in this thread.)  After finally receiving the last payment I was due, after about a month of constant nagging, I shut down my account and moved all my cards to the "old" company.  The new company pays promptly when they say they will, without the need to ask.

With the "new" company I never had an issue previously, but I had to message them last month about payment that was a couple months past due and they got it paid quickly. However I sent them an email 2 weeks ago about several adds from August that had not been paid out and haven't heard back from them. I just sent another email, but this has me wondering if they are having issues. I may be switching to the old company for several of our cards if this keeps happening. I do this as an easy way to make some extra money, I don't want to be constantly digging through my accounts to make sure I was paid for adds.

I have (for the most part) given up on the new company as a result of this same issue. The only card I still have with them is one that is too young to enroll with the old company, and once it ages it will go there too. Old company has their payroll down to a science - same boat, I have better things to do than chase someone down to get paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 19, 2018, 12:57:42 PM
Another vote for "old" company.  I tried new company for a while but moved those cards to old co.  Old co is automated and very responsive on any questions.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jojoguy on December 19, 2018, 05:09:57 PM
I`m still wanting to do this, but I`m trying to build up some cards first. I really don`t want to use any of my cards that have good money and/or travel rewards. I am thinking of opening some average cards to use for tradelines after getting my 5/24 Chase card max.

My goal when doing this is to turn this into an all yearly expense job. $22,000 a year should do it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 20, 2018, 07:11:30 AM
My goal when doing this is to turn this into an all yearly expense job. $22,000 a year should do it.

Ah, so you're trying to be arebelspy, Junior, eh?  The wrenches in this plan are many.  Card cancellations, people not picking your card for their tradeline purchase, etc.  I get what you're trying to do, but the cards need to age a certain number of years (varies by company) for them to even be accepted.  Also, cards do tend to become "resting" for a number of reasons.  From memory, I've got a cap one, a discover and BoA resting at one company or another for various reasons. 

Also, just like with manufactured spending, you have to be ready for the whole gig to come crashing down.  A new law or rule or method to govern AUs could come along and kill this whole thing.  Think of when Redbird got killed for MS.  You just find other ways to game the system.

I try to squeeze benefits from my cards.  When I don't get a tradeline sold, I've been doing low card balance forgiveness with about 8 cards.  Some of them are now on the new "young" card system with the old company.  A $25 for 2 month sale beats $1 in gas a month in forgiveness. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 20, 2018, 07:15:23 AM
My goal when doing this is to turn this into an all yearly expense job. $22,000 a year should do it.

Yeah, wow good luck with this. With several cards in the system I am happy with a couple grand every year. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on December 20, 2018, 09:29:38 AM
My goal when doing this is to turn this into an all yearly expense job. $22,000 a year should do it.
ARS noted that his own sales have not maintained that level some pages ago. I think he benefited quite a bit from being the early mustachian to the game.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 20, 2018, 11:19:22 AM
I'll be at $5500 for 2018, up from $2225 in 2017. I've got 11 cards total enrolled between various companies. I started working with another company this year that seems to have more traffic/less inventory, so that's made a difference. I'm hoping to hit the low five figures in 2019, but even that may be optimistic. Regardless, it's free money and I'm more than happy with whatever I get!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jojoguy on December 20, 2018, 05:14:14 PM
I guess I`m just aiming too high. :P

I haven`t even started yet. I do however want to figure out some side gigs to make my goals happen.


Congratulations Ducky19 for your success in this!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 20, 2018, 05:48:52 PM
I guess I`m just aiming too high. :P

I haven`t even started yet. I do however want to figure out some side gigs to make my goals happen.


Congratulations Ducky19 for your success in this!

Turn a hobby or a passion into some side income. That's what many people, including myself, have done.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jojoguy on December 21, 2018, 03:58:00 AM
I guess I`m just aiming too high. :P

I haven`t even started yet. I do however want to figure out some side gigs to make my goals happen.


Congratulations Ducky19 for your success in this!

Turn a hobby or a passion into some side income. That's what many people, including myself, have done.

Ha! That`s what motivates me to do this. It seems like it is a fun side income. Just like credit card churning. I will leave the Chase cards alone though. The reward points(especially the travel ones) have been great!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 26, 2018, 01:33:25 PM
For Barclaycard, those who hit the limit of maximum tradelines and couldn't add any more AUs, what message did you receive?

I just received this message when I tried to add two users. Tried again and got the same message. Never received it before. Does it mean I hit my limit?

Quote
That wasn’t supposed to happen!
We apologize for the inconvenience, but we could not complete your request. Please try again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hay_otsuka on December 26, 2018, 01:34:53 PM
For Barclaycard, those who hit the limit of maximum tradelines and couldn't add any more AUs, what message did you receive?

I just received this message when I tried to add two users. Tried again and got the same message. Never received it before. Does it mean I hit my limit?

Quote
That wasn’t supposed to happen!
We apologize for the inconvenience, but we could not complete your request. Please try again.
Ime that meant you hit limit

Sent from my Redmi Note 5 using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 26, 2018, 01:39:40 PM
For Barclaycard, those who hit the limit of maximum tradelines and couldn't add any more AUs, what message did you receive?

I just received this message when I tried to add two users. Tried again and got the same message. Never received it before. Does it mean I hit my limit?

Quote
That wasn’t supposed to happen!
We apologize for the inconvenience, but we could not complete your request. Please try again.
Ime that meant you hit limit

Sent from my Redmi Note 5 using Tapatalk

That's what it looks like to me as well. Is it worth trying to call them and reset the limit? Anything else that can be done in this case?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hay_otsuka on December 26, 2018, 02:09:48 PM
For Barclaycard, those who hit the limit of maximum tradelines and couldn't add any more AUs, what message did you receive?

I just received this message when I tried to add two users. Tried again and got the same message. Never received it before. Does it mean I hit my limit?

Quote
That wasn’t supposed to happen!
We apologize for the inconvenience, but we could not complete your request. Please try again.
Ime that meant you hit limit

Sent from my Redmi Note 5 using Tapatalk

That's what it looks like to me as well. Is it worth trying to call them and reset the limit? Anything else that can be done in this case?
If you can product change it seems to reset limit but I have only been able to do that on one of our cards( arrival plus downgraded to arrival)

Sent from my Redmi Note 5 using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 26, 2018, 03:19:15 PM
For Barclaycard, those who hit the limit of maximum tradelines and couldn't add any more AUs, what message did you receive?

I just received this message when I tried to add two users. Tried again and got the same message. Never received it before. Does it mean I hit my limit?

Quote
That wasn’t supposed to happen!
We apologize for the inconvenience, but we could not complete your request. Please try again.
Ime that meant you hit limit

Sent from my Redmi Note 5 using Tapatalk

That's what it looks like to me as well. Is it worth trying to call them and reset the limit? Anything else that can be done in this case?
If you can product change it seems to reset limit but I have only been able to do that on one of our cards( arrival plus downgraded to arrival)

Sent from my Redmi Note 5 using Tapatalk

What about moving the credit limit to another Barclaycard? If the other card is >2y old I can just start using that one instead of the old one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 26, 2018, 03:23:41 PM
Another question: what is the AU limit for Barclaycard? I have counted 35 AUs total that I added for that card that doesn't seem to work anymore. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrontRanger on December 26, 2018, 03:30:44 PM
Has anyone been contacted from a former employee at the old company who now works at Octaskills? Seems like a new tradelines co just getting up and running. Offer higher and faster payout, but a bit skeptical. Anyone else gotten a call too?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 26, 2018, 06:40:13 PM
Another question: what is the AU limit for Barclaycard? I have counted 35 AUs total that I added for that card that doesn't seem to work anymore.

As best I can tell, it is between 35-38 AU slots.  Before I got into TL sales, I had a couple of family members as AU's, which skews my count a bit.

P.S. You should be able to move part of the credit limit to another card.  BC has great customer service..
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 27, 2018, 07:25:52 PM
How are you guys doing add's for Elan cards?  Old TL company recommends calling in which I have been doing.  I don't mind calling in but lately I have been getting some difficult names.  I find it a bit hard to get through the calls if the names are too long/difficult.  I am wondering if I should try the online form....

Any suggestions?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 28, 2018, 08:05:03 AM
Think like a regular person.  You want to add your friend, Raj Banjo.  You say his name like that and then tell the person, "his name is really long, let me spell it out...R A J A M E N A D I N G D O N G is the first name and B A N G I N G O B A L A B I N G B O N G A L A M A is his last name.  See why I just call him Raj Banjo?  The CSR won't care.  They're just typing in what you say.  You will want a story ready as to how they're related to you.  Remember the story before you call.  The CSRs sometimes get confused.  I had one call me the AU's first name during the call and I corrected them saying "No, Ting is my friend, I'm Jack".  Getting the CSR a little embarrassed isn't a bad thing....I expect they then want to be a bit nicer to me since they screwed up my name with the AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on December 29, 2018, 06:42:29 PM
I've never been asked my relationship with the AU and I don't plan on telling them anything beyond it's a business associate.  As for pronunciation, they probably have no idea how it's supposed to be pronounced and probably don't care, they always ask me to spell it anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on December 31, 2018, 08:37:59 AM
I know Barclays is a pretty preferred tradeline card.  There's no SS# spot when added online.  What's the best way to add the SS#.  I actually sold one spot yesterday and called it in.  The 2nd spot sold tonight and I'm not crazy about calling in again.
I just never add an SSN with Barclay's. I've always found the rest of the info (name, DOB, and address) is enough, and I've never had one not post.

I know several others do the same thing.

There are people who do add it (and the TL companies recommend you do). Add them like normal online and then calling to add the SSN, like you did, is the correct way.

It seems that the new company wants you to add the SSN but the old company doesn't per their instructions. So I just add the SSN only for the new company.

Last month I sold about $700 spots it feels good. I wish my wife would participate with me but she thinks what we do is shady.... Oh well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog on January 04, 2019, 10:03:05 AM
I had a an order on 6/25 and still haven't seen a payment.  Is it common to go this long and do you always have to nag them to get paid?

Nope. An order on 6/25 likely posted early July, meaning payment should be end of September (two months later).

Contact the TL company, and if you can't get ahold of them, PM me details (your name/email and which TL company) and I can contact them to find out.

They said it did not report so that is why I never got paid.  I guess they post login credentials on the portal and you are supposed to login to see the proof.

It is a very common problem with the "new" company (at least for me, and plenty of others who have posted in this thread.)  After finally receiving the last payment I was due, after about a month of constant nagging, I shut down my account and moved all my cards to the "old" company.  The new company pays promptly when they say they will, without the need to ask.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 05, 2019, 08:57:36 AM
For the last two AUs i tried to add to my Discover card, after I entered the information online and submitted, the AU status online went "Pending" and I was asked for proof of address and SSN for AUs. At the same time, I received emails saying that AUs were added. Did anybody get similar messages from Discover? What does it mean? If I don't provide proof of address and SSN, will the AUs not get reported to bureaus or will they still get reported and perhaps I just won't receive the cards?

It seems like Discover changes their settings in the system for me because I had added a few AUs before. Perhaps from now on they will require this information for every AU i try to add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on January 06, 2019, 11:08:10 AM
Anyone been paid for their late October adds yet?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 06, 2019, 11:19:32 AM
Anyone been paid for their late October adds yet?

Or early October? ;-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 06, 2019, 03:39:05 PM
Anyone been paid for their late October adds yet?

Or early October? ;-)

I did an add on 10/2 for a card that would have reported on 10/8, and did get paid in late December (about a month before I thought I would)
I did an add on 10/24 for a card that would have reported on 11/5, and I haven't seen that payment yet (nor am I expecting it)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 08, 2019, 06:22:54 PM
Anyone ever add an AU to BBVA Compass?  I'm all over the site and find nothing.  Not even a search function.  I'll call if I have to, but of course would rather not.


***edit: Answering my own question, since I had to add the tradeline, I called in.  There is no online way to add, so I did it with the CSR.  No issues.  Easy enough.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 09, 2019, 07:38:06 AM
Anyone ever add an AU to BBVA Compass?  I'm all over the site and find nothing.  Not even a search function.  I'll call if I have to, but of course would rather not.


***edit: Answering my own question, since I had to add the tradeline, I called in.  There is no online way to add, so I did it with the CSR.  No issues.  Easy enough.

So which company will use this credit card?  The new one or the old one ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 09, 2019, 08:23:47 AM
Old one.  When they sent the message about $25 new cards, I just went through the list and shot them over.  I have this one from a Bonus to open, the middle of last year. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 09, 2019, 08:58:55 PM
So how much is everyone making? I got to the game late and only cleared one AU so far, so $75 for me.  Got 2 cards with lots of slots just going unused.

If everything pays out, we'll have made a little under $4000 between the two of us for 2017 (and a few sales made towards end of this year, which will pay out next year)

If your interested in an updated data point: 2018 we had roughly $5500 in paid Tradeline sales, with "old" recommended company.

That translates to covering a nice chunk of our spending last year, so there is something to be said for income you didn't plan for in retirement. However, I also had my two easiest money maker cards shut down, so there's also something to be said for gravy trains eventually ending.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 09, 2019, 10:02:41 PM
Which two cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 09, 2019, 10:19:29 PM
Which two cards?
Three actually, a discover card each between wife and I, and a Fidelity/Elan card
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 09, 2019, 10:45:46 PM
Which two cards?
Three actually, a discover card each between wife and I, and a Fidelity/Elan card

It would be really helpful I think if you could describe what sort of AU activity you had on the cards, what the CC companies' behavior was right before the shutdowns, and anything you think might have been a risk factor to the shutdowns.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 09, 2019, 10:51:20 PM
I added a line to my Barclays yesterday online (I think only 4th or 5th total with them so definitely not because I hit a max), but it never showed up on my account page. Called, phone support said they see the AU as pending, but they are confirming the AU details first before they add him officially. Notified TL company of this situation, they said sometimes this happens, and we're waiting until Friday [the deadline Barclays gave me] to see if it shows as added or they'll have to cancel the order.

This ever happen to anyone? Does this mean I should no longer do online adds?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 10, 2019, 12:29:04 AM
I added a line to my Barclays yesterday online (I think only 4th or 5th total with them so definitely not because I hit a max), but it never showed up on my account page. Called, phone support said they see the AU as pending, but they are confirming the AU details first before they add him officially. Notified TL company of this situation, they said sometimes this happens, and we're waiting until Friday [the deadline Barclays gave me] to see if it shows as added or they'll have to cancel the order.

This ever happen to anyone? Does this mean I should no longer do online adds?

I had Barclays get sideways with me about one AU once, but not in the way you describe.

There's always risks associated with this type of activity.  Inform yourself fully, evaluate the risk/reward ratio from your perspective, and then decide.  It's really that simple.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 10, 2019, 12:33:24 AM
I added a line to my Barclays yesterday online (I think only 4th or 5th total with them so definitely not because I hit a max), but it never showed up on my account page. Called, phone support said they see the AU as pending, but they are confirming the AU details first before they add him officially. Notified TL company of this situation, they said sometimes this happens, and we're waiting until Friday [the deadline Barclays gave me] to see if it shows as added or they'll have to cancel the order.

This ever happen to anyone? Does this mean I should no longer do online adds?

I had Barclays get sideways with me about one AU once, but not in the way you describe.

There's always risks associated with this type of activity.  Inform yourself fully, evaluate the risk/reward ratio from your perspective, and then decide.  It's really that simple.

I meant should I call in for future adds vs the website, not adds in general. :) But yes--agreeing with the sentiment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on January 10, 2019, 08:06:11 AM
Which two cards?
Three actually, a discover card each between wife and I, and a Fidelity/Elan card

It would be really helpful I think if you could describe what sort of AU activity you had on the cards, what the CC companies' behavior was right before the shutdowns, and anything you think might have been a risk factor to the shutdowns.

For Discover, I had about ten sales in 2017, and five in 2018. Then saw a strange notification (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1558307/#msg1558307) on website with one add, sometime after my Discover card was shut down. Otherwise nothing unusual. Many people here reported Discover shutdowns around the same time.

Fidelity/Elan, I had about ten sales in 2018, all by phone. My last add on that call got escalated and questions were asked (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2177015/#msg2177015). That specific AU was added, but soon after my card was closed.

It has been a little while, but it's possible I could have done something to raise attention with Fidelity/Elan. I was travelling, with the kids, and harried. I called late at night and remember being a little confused myself on the phone. It could also have been random.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 10, 2019, 09:01:21 AM
Which two cards?
Three actually, a discover card each between wife and I, and a Fidelity/Elan card

It would be really helpful I think if you could describe what sort of AU activity you had on the cards, what the CC companies' behavior was right before the shutdowns, and anything you think might have been a risk factor to the shutdowns.

For Discover, I had about ten sales in 2017, and five in 2018. Then saw a strange notification (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg1558307/#msg1558307) on website with one add, sometime after my Discover card was shut down. Otherwise nothing unusual. Many people here reported Discover shutdowns around the same time.

Fidelity/Elan, I had about ten sales in 2018, all by phone. My last add on that call got escalated and questions were asked (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2177015/#msg2177015). That specific AU was added, but soon after my card was closed.

It has been a little while, but it's possible I could have done something to raise attention with Fidelity/Elan. I was travelling, with the kids, and harried. I called late at night and remember being a little confused myself on the phone. It could also have been random.

Thanks for the info.  I personally think it would be a useful exercise to continually try to figure out what bothers the CC companies enough to shut individuals down, or if they're taking a blanket approach and there's not much one can do to avoid shutdowns (other than not add AU's).  My guess is that it's a blanket approach based on total AU's per card, but individual AUs can raise suspicion if the AU is on some sort of list.  But again, that's just my guess.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 10, 2019, 09:03:54 AM
I added a line to my Barclays yesterday online (I think only 4th or 5th total with them so definitely not because I hit a max), but it never showed up on my account page. Called, phone support said they see the AU as pending, but they are confirming the AU details first before they add him officially. Notified TL company of this situation, they said sometimes this happens, and we're waiting until Friday [the deadline Barclays gave me] to see if it shows as added or they'll have to cancel the order.

This ever happen to anyone? Does this mean I should no longer do online adds?

I had Barclays get sideways with me about one AU once, but not in the way you describe.

There's always risks associated with this type of activity.  Inform yourself fully, evaluate the risk/reward ratio from your perspective, and then decide.  It's really that simple.

I meant should I call in for future adds vs the website, not adds in general. :) But yes--agreeing with the sentiment.

Ah, thanks.  I always try to follow the TL company's recommendations.  New Company has specific instructions that seem to vary based on issuer - some can be call-ins and some can be online.  I forget what New Company recommends for Barclays, but I have a Barclays card with them and I've called in all of the AU's on that one.

I have used the website at USBank to remove when the hold time for a rep is 45 minutes.  It takes a few days but has worked fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jojoguy on January 11, 2019, 06:52:56 PM
If a cc company closes a card because of Terms of Agreement breach, does it effect the other cards you have with the same company? I have a couple of Chase cards I may be willing to use for tradelines, but I also have a Chase Sapphire that I want to keep for just travel points. I would hate to lose any of these cards, but I would especially hate losing the Sapphire.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 11, 2019, 07:04:40 PM
If a cc company closes a card because of Terms of Agreement breach, does it effect the other cards you have with the same company? I have a couple of Chase cards I may be willing to use for tradelines, but I also have a Chase Sapphire that I want to keep for just travel points. I would hate to lose any of these cards, but I would especially hate losing the Sapphire.

Most of them just close that one line. Chase closes them all, which is why many of us don't enroll our Chase cards. Not worth severing that relationship.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 11, 2019, 07:11:46 PM
Questions about barclaycard product change to reset the tradeline limit (which I think I hit on one of my cards).

Is there a way to make sure that the card opening date doesn't reset when you change the product? I suppose it has to be a visa card if the previous card is also a visa, but is there any other way to make sure it doesn't just register as a brand new card with the bureaus and become useless for tradeline sales?

Is it possible to switch to a bacrlaycard uber card, keep the current card opening date which is 5+ years back (even though it's a new product) and get a signup bonus which is 200 for 400 spend? The bonus is not necessary because the card is good anyway, a free card with no foreign transaction fees.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 11, 2019, 08:00:18 PM
Product change will not get you the sign up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DarrellEW on January 11, 2019, 08:34:55 PM
Questions about barclaycard product change to reset the tradeline limit (which I think I hit on one of my cards).

Is there a way to make sure that the card opening date doesn't reset when you change the product? I suppose it has to be a visa card if the previous card is also a visa, but is there any other way to make sure it doesn't just register as a brand new card with the bureaus and become useless for tradeline sales?

Is it possible to switch to a bacrlaycard uber card, keep the current card opening date which is 5+ years back (even though it's a new product) and get a signup bonus which is 200 for 400 spend? The bonus is not necessary because the card is good anyway, a free card with no foreign transaction fees.

A product change will retain the original card's history, but you won't be eligible for the signup bonus (and it will typically make you ineligible for that card's signup bonus for some period of time). Some issuers are more liberal with product changes, while others will restrict you to only change within the same brand (Chase Southwest card can't be changed to a United card, for example). I'm not super familiar with Barclays' product change rules, but it wouldn't hurt to call and ask which cards you would be eligible to convert to. There is probably also some anecdotal evidence if you search on Reddit or Doctor of Credit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jojoguy on January 12, 2019, 02:38:08 AM
If a cc company closes a card because of Terms of Agreement breach, does it effect the other cards you have with the same company? I have a couple of Chase cards I may be willing to use for tradelines, but I also have a Chase Sapphire that I want to keep for just travel points. I would hate to lose any of these cards, but I would especially hate losing the Sapphire.

Most of them just close that one line. Chase closes them all, which is why many of us don't enroll our Chase cards. Not worth severing that relationship.

Thankyou, sir. I really like my chase cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: elaine amj on January 12, 2019, 09:18:19 PM
I've sold 2 tradelines so far on a BofA card (same card) - thanks @arebelspy! One payment posted and waiting for one more. Don't know how much I want to scale up but for now, we'll see how things go. It took a few months before my first bite and the wait sure felt long!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 14, 2019, 08:47:21 AM
Anyone still using Discover with success? I just sold my first 2 spots on Discover and wondering if they are still shutting accounts down. I rarely use the card so don't really care if it gets shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 14, 2019, 09:40:52 AM
Questions about barclaycard product change to reset the tradeline limit (which I think I hit on one of my cards).

Is there a way to make sure that the card opening date doesn't reset when you change the product? I suppose it has to be a visa card if the previous card is also a visa, but is there any other way to make sure it doesn't just register as a brand new card with the bureaus and become useless for tradeline sales?

Is it possible to switch to a bacrlaycard uber card, keep the current card opening date which is 5+ years back (even though it's a new product) and get a signup bonus which is 200 for 400 spend? The bonus is not necessary because the card is good anyway, a free card with no foreign transaction fees.

Barclays has good CS reps, so I would recommend you call.  However, in my experience, you can only downgrade, not product change.  ie you can go from Arrival+ to Arrival; not Arrival to Uber.

If this is confirmed, it may make sense for folks to season a BC card with an annual fee to allow for future downgrade.

P.S. You might also try the stolen card/lost card function on the web site.  This did not work for me.  I assume it is tied into the same process as AU's on the back-end and couldn't "make" a new card.  Worth a shot!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 14, 2019, 03:46:47 PM
I have one of the Barclay NFL cards. I wonder if it would count as a product change if I just switched teams from the NY Giants to the NY Jets or something lol
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on January 14, 2019, 03:53:24 PM
Anyone had a CC application denied for the following reason? Just received this denial from CapitalOne. I've opened 7-8 tradelines in the previous 24 months.

Thank you for applying for a credit card issued by Capital One®. Unfortunately, after reviewing your
application and information obtained from your consumer credit report(s) from the agencies detailed
on the back of this letter - we cannot approve your request at this time.
The reason(s) for our decision are:

• Based on your credit report from Trans Union,number of bank cards tradelines opened in the
last 24 months
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 14, 2019, 03:54:32 PM
Anyone had a CC application denied for the following reason? Just received this denial from CapitalOne. I've opened 7-8 tradelines in the previous 24 months.

Thank you for applying for a credit card issued by Capital One®. Unfortunately, after reviewing your
application and information obtained from your consumer credit report(s) from the agencies detailed
on the back of this letter - we cannot approve your request at this time.
The reason(s) for our decision are:

• Based on your credit report from Trans Union,number of bank cards tradelines opened in the
last 24 months

That has to do with you opening new lines (i.e. new credit cards).

It has nothing to do with selling tradelines (adding authorized users).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on January 14, 2019, 07:25:16 PM
Does the requirement that credit utilization of accounts not exceed 15% apply to each account used for AUs or does it apply to all total credit available on all my cards? 

I have a PNC card that the new company is currently resting and it currently has no AUs (credit limit $25k).  I would like to do a $10,000 balance transfer offer for which PNC is offering 0% interest until Feb 28, 2020. I would stop charging to the card and allow no new AUs. Will this cause any problem for the other AUs I have on other (non-PNC) cards?  I guess I would also have to notify the tradeline company that I want to rest the card until I say otherwise.

I am trying to look at options for getting cash if this Federal govt. shutdown nonsense is going to continue much longer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 14, 2019, 07:34:08 PM
Does the requirement that credit utilization of accounts not exceed 15% apply to each account used for AUs or does it apply to all total credit available on all my cards? 

I have a PNC card that the new company is currently resting and it currently has no AUs (credit limit $25k).  I would like to do a $10,000 balance transfer offer for which PNC is offering 0% interest until Feb 28, 2020. I would stop charging to the card and allow no new AUs. Will this cause any problem for the other AUs I have on other (non-PNC) cards?  I guess I would also have to notify the tradeline company that I want to rest the card until I say otherwise.

I am trying to look at options for getting cash if this Federal govt. shutdown nonsense is going to continue much longer.

Just for that card. That's the one that shows up on their credit report, and your utilization on that card will affect them. On your other cards won't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on January 14, 2019, 07:38:06 PM
Does the requirement that credit utilization of accounts not exceed 15% apply to each account used for AUs or does it apply to all total credit available on all my cards? 

I have a PNC card that the new company is currently resting and it currently has no AUs (credit limit $25k).  I would like to do a $10,000 balance transfer offer for which PNC is offering 0% interest until Feb 28, 2020. I would stop charging to the card and allow no new AUs. Will this cause any problem for the other AUs I have on other (non-PNC) cards?  I guess I would also have to notify the tradeline company that I want to rest the card until I say otherwise.

I am trying to look at options for getting cash if this Federal govt. shutdown nonsense is going to continue much longer.

Just for that card. That's the one that shows up on their credit report, and your utilization on that card will affect them. On your other cards won't.

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 14, 2019, 09:12:27 PM
Questions about barclaycard product change to reset the tradeline limit (which I think I hit on one of my cards).

Is there a way to make sure that the card opening date doesn't reset when you change the product? I suppose it has to be a visa card if the previous card is also a visa, but is there any other way to make sure it doesn't just register as a brand new card with the bureaus and become useless for tradeline sales?

Is it possible to switch to a bacrlaycard uber card, keep the current card opening date which is 5+ years back (even though it's a new product) and get a signup bonus which is 200 for 400 spend? The bonus is not necessary because the card is good anyway, a free card with no foreign transaction fees.

Barclays has good CS reps, so I would recommend you call.  However, in my experience, you can only downgrade, not product change.  ie you can go from Arrival+ to Arrival; not Arrival to Uber.

If this is confirmed, it may make sense for folks to season a BC card with an annual fee to allow for future downgrade.

P.S. You might also try the stolen card/lost card function on the web site.  This did not work for me.  I assume it is tied into the same process as AU's on the back-end and couldn't "make" a new card.  Worth a shot!

Thank you! What do you mean lost/stolen card function didn't work for you? They issued a new card with a different number, right? Do you mean your tradeline limit didn't reset after that? How about credit card history with the bureaus, did the card opening date remain the same?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 14, 2019, 09:35:25 PM
Questions about barclaycard product change to reset the tradeline limit (which I think I hit on one of my cards).

Is there a way to make sure that the card opening date doesn't reset when you change the product? I suppose it has to be a visa card if the previous card is also a visa, but is there any other way to make sure it doesn't just register as a brand new card with the bureaus and become useless for tradeline sales?

Is it possible to switch to a bacrlaycard uber card, keep the current card opening date which is 5+ years back (even though it's a new product) and get a signup bonus which is 200 for 400 spend? The bonus is not necessary because the card is good anyway, a free card with no foreign transaction fees.

Barclays has good CS reps, so I would recommend you call.  However, in my experience, you can only downgrade, not product change.  ie you can go from Arrival+ to Arrival; not Arrival to Uber.

If this is confirmed, it may make sense for folks to season a BC card with an annual fee to allow for future downgrade.

P.S. You might also try the stolen card/lost card function on the web site.  This did not work for me.  I assume it is tied into the same process as AU's on the back-end and couldn't "make" a new card.  Worth a shot!

Thank you! What do you mean lost/stolen card function didn't work for you? They issued a new card with a different number, right? Do you mean your tradeline limit didn't reset after that? How about credit card history with the bureaus, did the card opening date remain the same?

The web site button didn't work.  It returned an error similar to trying to add an AU after I hit the limit.  (You might be able to get this done by calling in; I didn't try).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 15, 2019, 06:05:21 AM
When you report a card lost or stolen, does anybody know what happens to your current authorized users? If they don't have actual cards, do they stay as AUs on a replaced card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 15, 2019, 09:24:20 AM
When you report a card lost or stolen, does anybody know what happens to your current authorized users? If they don't have actual cards, do they stay as AUs on a replaced card?

In one instance where I had this happen the CC company sent replacement cards for me and the AUs to my address, and the AUs remained.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on January 15, 2019, 09:31:26 AM
As of Jan 15, 2019 - Credit Score: 827
All Credit Reports are locked - by preference due to poor security controls at the 3 major agencies

Daily Active Accounts
Chase Visa 1 -   30.0K, 4.5 Years (Gas, Groceries, Etc go here for points hacks)
Chase Visa 2 -                       16.7K,   11 Years (Automated bills go here)

(Not Willing to enroll either of these due to fear of Chase Canceling Visa 1)

Old Cards that I never closed, to retain their positive impact on my credit history.
Capital One Visa -   7K,  18 Years
Capital One MasterCard -           7.4K, 9.5 Years
Discover -                                   6K,   8 Years


Questions
1 - Will Tradeline Selling work with locked credit reports?
2 - I See Discover has a cap of 5 AU.  What is the AU cap on Capital One?
3 - Does the Tradeline Company keep track of Max AU (when to Add/Remove)?
4 - Is it *Worth* risking my 18 year old Credit Line (oldest in history)?

Thanks Folks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on January 15, 2019, 09:54:02 AM
As of Jan 15, 2019 - Credit Score: 827
All Credit Reports are locked - by preference due to poor security controls at the 3 major agencies

Daily Active Accounts
Chase Visa 1 -   30.0K, 4.5 Years (Gas, Groceries, Etc go here for points hacks)
Chase Visa 2 -                       16.7K,   11 Years (Automated bills go here)

(Not Willing to enroll either of these due to fear of Chase Canceling Visa 1)

Old Cards that I never closed, to retain their positive impact on my credit history.
Capital One Visa -   7K,  18 Years
Capital One MasterCard -           7.4K, 9.5 Years
Discover -                                   6K,   8 Years


Questions
1 - Will Tradeline Selling work with locked credit reports?
2 - I See Discover has a cap of 5 AU.  What is the AU cap on Capital One?
3 - Does the Tradeline Company keep track of Max AU (when to Add/Remove)?
4 - Is it *Worth* risking my 18 year old Credit Line (oldest in history)?

Thanks Folks!

1. Yes.
2. Unknown.
3. Yes, they send you emails when to add/remove.
4. There is minimal risk to you.  Your score is >750, which to credit issuing companies, 750 to 850 are all the same to them.   Are you planning on taking on a loan?  If not, there is no to minimal risk to you.  You should actually leverage your good credit to apply for more cards, and season them until selling age.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on January 15, 2019, 10:26:44 AM
Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 15, 2019, 10:36:25 AM
Capital One has a limit of 2.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on January 15, 2019, 11:43:57 AM
What's your utilization with the new company? I have 6 or 7 cards listed. I was at 2 for about a year with these guys then added 4 in November. I am still not seeing more than an add per card every couple of months.

Thinking about switching to the old company
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 15, 2019, 04:40:26 PM
Utilization with New Company has gone way down for me. I have 5 cards listed.

Only had one slot sell since September.  October=0, November=1, December=0. So far January=0.  (I had 3 in September; 2 in August; 4 in July. So these last few months have really lowered my averages). July/Aug/Sept slots=9. Oct/Nov/Dec/halfJan slots=1.

My cards are: 2 Chase; 2 Citi; 1 CapitalOne.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on January 15, 2019, 05:04:52 PM
Utilization with New Company has gone way down for me. I have 5 cards listed.

Only had one slot sell since September.  October=0, November=1, December=0. So far January=0.  (I had 3 in September; 2 in August; 4 in July. So these last few months have really lowered my averages). July/Aug/Sept slots=9. Oct/Nov/Dec/halfJan slots=1.

Same here. I had extremely consistent sales with them until about September, and zero since then.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 16, 2019, 07:07:15 AM
I seem to get spurts with the new company.  They sell one spot, then a month later sell another spot.  Then nothing for 6 months.

I personally like the old company.  With the "young cards" at $25 a spot, at least these cards that I opened just for the bonus are earning more than the 99 cents a month I was using them for in low balance forgiveness.  I've got 3 or 4 of those $25 spots sold right now.  Zip for new company or old company higher $$ spots.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 16, 2019, 07:47:24 AM
I'm with old co.  Pace has slowed since I lost my best card.  They all seem to say volume picks up around tax time, so we'll see soon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 17, 2019, 03:26:41 PM
Has anyone lost the ability to add AUs online to Barclays?

I noticed that section of my card's webpage now indicates that I must call to add AUs.
I was able to call and successfully place an add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 17, 2019, 05:11:34 PM
I added a line to my Barclays yesterday online (I think only 4th or 5th total with them so definitely not because I hit a max), but it never showed up on my account page. Called, phone support said they see the AU as pending, but they are confirming the AU details first before they add him officially. Notified TL company of this situation, they said sometimes this happens, and we're waiting until Friday [the deadline Barclays gave me] to see if it shows as added or they'll have to cancel the order.

This ever happen to anyone? Does this mean I should no longer do online adds?

Turns out this was TL company error. They gave me the wrong first name. It's interesting that, without even giving Barclays an SSN, they knew to flag  immediately and ultimately not add this AU because of this mistake. I'm also curious to see what the fallout will be, if any, on my account for future adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 17, 2019, 05:38:10 PM
I added a line to my Barclays yesterday online (I think only 4th or 5th total with them so definitely not because I hit a max), but it never showed up on my account page. Called, phone support said they see the AU as pending, but they are confirming the AU details first before they add him officially. Notified TL company of this situation, they said sometimes this happens, and we're waiting until Friday [the deadline Barclays gave me] to see if it shows as added or they'll have to cancel the order.

This ever happen to anyone? Does this mean I should no longer do online adds?

Turns out this was TL company error. They gave me the wrong first name. It's interesting that, without even giving Barclays an SSN, they knew to flag  immediately and ultimately not add this AU because of this mistake. I'm also curious to see what the fallout will be, if any, on my account for future adds.

I had a "rough" add with Barclays once.  Ended up having a fraud alert at Barclays on that card, but I was able to clear it after a few months.  Doesn't seem to have affected any subsequent adds at all from Barclays' point of view (other than me being a little more nervous about them).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on January 17, 2019, 07:44:45 PM
Has anyone successfully received a payment from PointsLawyer regarding his representation of you in a lawsuit against Discover for the closure of your Discover card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 18, 2019, 08:33:16 AM
Well, this is good news.  I've been a regular user of "low balance forgiveness" for cards I took out just for the bonus (churning) but weren't old enough yet for tradelines.  With the old card young, cheap offer, I only just realized that I've got nearly all of these cards enrolled and many have AUs.  My list of low balance forgiveness cars numbers 8, for a total of $10 a month (that I'd buy gas with).  I just went through them and only my Wells Fargo card isn't being used for tradelines. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 18, 2019, 10:52:30 AM
Does anybody else get requests from Discover for AU's proof of address and SSN for every single add? I do for some reason, starting late last year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 18, 2019, 12:06:00 PM
Does anybody else get requests from Discover for AU's proof of address and SSN for every single add? I do for some reason, starting late last year.

I don't have a Discover card, but I did read in Old Company's documentation that Discover does require docs for adding all AUs now:

"*Discover now requires additional documentation for all AUs. As such, always
submit the client’s address, not your own, when adding an AU, as it must match
the name and address in the documentation. Discover’s portal can be very
particular about how the address is written, so match how the address was written
in <<portal>> exactly and if you have any issues, contact Investor Support
before proceeding. The documentation will be already uploaded to your
cardholder portal for you to download and submit to your Discover portal online."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on January 18, 2019, 06:33:26 PM

Turns out this was TL company error. They gave me the wrong first name. It's interesting that, without even giving Barclays an SSN, they knew to flag  immediately and ultimately not add this AU because of this mistake. I'm also curious to see what the fallout will be, if any, on my account for future adds.

With my latest AU, the New Company gave me the wrong name, wrong street, wrong street number, and wrong city.  The name used the middle name as the last name, the street had an extra letter "a" in the middle of it, the street number was 6 digits instead of 5, and the city in CA was supposed to be a neighboring city instead.  I figured this out on my own based on a google search before trying to add the AU.  When presented with this information, the New Company confirmed all 4 mistakes.  They said it was human error to have those typos and apologized for the errors.

Also, last month with the New Company I was provided with an incorrect SSN.  It was a couple weeks after I added the AU that I got an email saying I needed to call in and fix the SSN since it was submitted incorrectly to them.  I told them I would need an extra $25 in order to do that, and they approved my request.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on January 19, 2019, 12:06:56 PM
Anyone added an AU to Citi Cards, recently? Since, secure messaging is no longer available I been calling to make new adds. I was transferred to the Fraud division for additional confirmation and I didn't think much of it since it happens sometimes.

But yesterday the Rep clearly told me that the AU card will be sent to the AU's address, I stressed that I want the AU card to be mailed to my address and not to the AU. Then I was transferred to the Fraud division for additional confirmation. The Fraud specialist confirmed that since I asked that the card be mailed to my address and not to the AU they had to do the additional screening. I added  AUs yesterday (separately during different times of the day) and was transferred to the Fraud division on both occasions.

In the past the AU cards were always sent to the primary cardholder by default. I'm not sure if this has now changed with Citi but thought of putting this out here so people may want to make sure that the AU card is being sent to them. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 19, 2019, 12:26:15 PM
Anyone added an AU to Citi Cards, recently? Since, secure messaging is no longer available I been calling to make new adds. I was transferred to the Fraud division for additional confirmation and I didn't think much of it since it happens sometimes.

But yesterday the Rep clearly told me that the AU card will be sent to the AU's address, I stressed that I want the AU card to be mailed to my address and not to the AU. Then I was transferred to the Fraud division for additional confirmation. The Fraud specialist confirmed that since I asked that the card be mailed to my address and not to the AU they had to do the additional screening. I added  AUs yesterday (separately during different times of the day) and was transferred to the Fraud division on both occasions.

In the past the AU cards were always sent to the primary cardholder by default. I'm not sure if this has now changed with Citi but thought of putting this out here so people may want to make sure that the AU card is being sent to them.

Since late last year, i got transferred to Fraud every time i added an auth user to my Citi card. It seems to be their standard procedure now. They just send you a text, confirm your name and DOB to make sure it's you. I have always added my AUs over the phone with Citi even when messaging was available, just to make sure.

About sending the card to AU's address, some reps are new or incompetent so they get confused. A couple of them asked me about that as well, but I always said that the card had to be sent to my address. Transferring to fraud dept is unrelated to the address question in my opinion.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 19, 2019, 02:05:18 PM
Has anybody had any luck trying to move credit line from one Citicard to another? I have an older card which i use for tradelines and a couple of cards that I opened recently for signup bonuses and will probably have to close them this year to avoid paying annual fees. For the last citicard I had to close, i asked the rep to move the credit line to the old card but he said he couldn't do that.

There is a little bit of information on Doctor of Credit about moving credit lines b/w citi cards, and the conclusion there is that it's very difficult: you have to talk to a few reps and/or supervisors until you finally find somebody competent enough to be able to do that. Also, if I remember correctly, they also pull the credit report to move credit line (not 100% sure). It could be easier to just request a credit line increase, but i tried it and got declined, so moving credit from another card seems to be the only option.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on January 19, 2019, 07:55:50 PM
Another option to avoid annual fees would be to downgrade the cards.  That way in a couple of years you could sell tradelines on those cards as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 19, 2019, 08:28:34 PM
Another option to avoid annual fees would be to downgrade the cards.  That way in a couple of years you could sell tradelines on those cards as well.

Is it possible with AAdvantage cards? If possible, the cards don't have high enough credit lines for me to be able to make decent money on them. It's still better than nothing, so that's probably what I'll try to do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on January 19, 2019, 09:57:34 PM
Has anybody had any luck trying to move credit line from one Citicard to another? I have an older card which i use for tradelines and a couple of cards that I opened recently for signup bonuses and will probably have to close them this year to avoid paying annual fees. For the last citicard I had to close, i asked the rep to move the credit line to the old card but he said he couldn't do that.
I did get Citi to move credit limit from my older "Thank You" card to my newer "Double Cash" card, but I don't think they would entertain the idea of moving all my credit limit from one card to another prior to closing the card. I'm sure it helped that I had specific spending I was trying to do on the "Double Cash" card at the time.

Another option to avoid annual fees would be to downgrade the cards.  That way in a couple of years you could sell tradelines on those cards as well.

Is it possible with AAdvantage cards? If possible, the cards don't have high enough credit lines for me to be able to make decent money on them. It's still better than nothing, so that's probably what I'll try to do.
If you are successful with the product change, you might move some of your credit limit from your older card if it would provide a better overall balance of your total credit limit with Citi.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nightzephyr on January 21, 2019, 07:34:11 PM
Quote
Is it possible with AAdvantage cards? If possible, the cards don't have high enough credit lines for me to be able to make decent money on them. It's still better than nothing, so that's probably what I'll try to do.

A bit out of date, but I PC'd an AAdvantage card a couple years ago. I went to a Dividend, but they REALLY wanted me to switch to a Double Cash instead. I bet they would be happy to switch you over to a Double Cash, maybe several other options if you ask nicely/persistently enough. I think there is also a no-fee Aadvantage that is rarely mentioned that you could downgrade to.  However, I doubt that it would be possible to switch to a different co-branded card.

On another note, I just finished reading the entire thread. Overall, it seems like the new company has somewhat better rates, but frequently requires nudging to get paid and is overall sloppier. As far as I have seen, the new company is also the only one who has had "bad eggs" - people the CC companies have flagged for fraud - slip through their system, if just a few. Does that mesh with everyone's current experience?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 24, 2019, 10:12:15 AM
Yes, that has been my experience with the new company. The no-fee Aadvantage card is called MileUp, got it last year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on January 24, 2019, 11:11:19 AM
I’m... dumb.
I forgot to remove AUs and was wondering why the AU requests dried up. Oops. Hopefully I can fill more spots again now, and maybe open up a second card for TL use. :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 24, 2019, 11:58:53 AM
I’m... dumb.
I forgot to remove AUs and was wondering why the AU requests dried up. Oops. Hopefully I can fill more spots again now, and maybe open up a second card for TL use. :-)

You're... busy with life (plant, dog, wall vermin, ex, work drama).

Doesn't the company send you reminders to remove?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on January 24, 2019, 12:02:38 PM
I’m... dumb.
I forgot to remove AUs and was wondering why the AU requests dried up. Oops. Hopefully I can fill more spots again now, and maybe open up a second card for TL use. :-)

You're... busy with life (plant, dog, wall vermin, ex, work drama).

Doesn't the company send you reminders to remove?
Well, when you put it that way ... :-)

I didn’t get a reminder! I only get them to add, not remove. Don’t know why. I’ll be sure to calendar deadlines next time. I missed the mark by five whole weeks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on January 24, 2019, 12:58:37 PM
Lexde, are you using the first or second TL company arebelspy recommended?  (I get confused when people use old and new to identify which company they're talking about).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 25, 2019, 08:32:31 AM
I get both text and email from both companies to add and to remove.  The old company's web page is nice in that it shows how many spots are sold and how many total spots are available for each card.  So I know that if one card says 2/2, that it's not going to be sold until at least one AU is removed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 25, 2019, 08:40:06 AM
Quote
Is it possible with AAdvantage cards? If possible, the cards don't have high enough credit lines for me to be able to make decent money on them. It's still better than nothing, so that's probably what I'll try to do.

A bit out of date, but I PC'd an AAdvantage card a couple years ago. I went to a Dividend, but they REALLY wanted me to switch to a Double Cash instead. I bet they would be happy to switch you over to a Double Cash, maybe several other options if you ask nicely/persistently enough. I think there is also a no-fee Aadvantage that is rarely mentioned that you could downgrade to.  However, I doubt that it would be possible to switch to a different co-branded card.

On another note, I just finished reading the entire thread. Overall, it seems like the new company has somewhat better rates, but frequently requires nudging to get paid and is overall sloppier. As far as I have seen, the new company is also the only one who has had "bad eggs" - people the CC companies have flagged for fraud - slip through their system, if just a few. Does that mesh with everyone's current experience?

Did you have to wait a year since opening your Citi card to be able to product change to another card? I tried to product change a business card to avoid paying an annual fee and the rep on the phone said that he couldn't change it before one year anniversary. It was a business card, useless for tradelines, so I just closed it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nightzephyr on January 25, 2019, 02:47:55 PM
@ Padonak

Yes, I did have to wait a year. That doesn't mean you have to pay the annual fee. They will charge it, but it's refundable if you cancel or product change within 30 (I think - may be more or less) days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 25, 2019, 03:46:15 PM
@ Padonak

Yes, I did have to wait a year. That doesn't mean you have to pay the annual fee. They will charge it, but it's refundable if you cancel or product change within 30 (I think - may be more or less) days.

Got it, thanks, yes that's what I'll do with my Citi AA cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on January 31, 2019, 08:23:43 AM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 31, 2019, 10:25:13 AM
The tradeline company should be able to provide you with whatever documentation is requested by the CC company. That's extremely odd though, Barclays has never requested anything from me (or anyone else that I'm aware of). They are the gold standard for ease of use in the tradeline industry. Contact the tradeline company though, they should have what you need.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 31, 2019, 10:33:39 AM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Wow, really?  First, I don't know too many people who even have their SS card any more.  Second, I thought the government said you're not supposed to give your card to anyone, and you're not really supposed to give your SSN to anyone unless it's for official government purposes.

I'd consider (a) asking them to add without the SS card based on the above principles, (b) tell them they can't ask for the SS card because it violates US federal law (maybe it does?) and see what they say, (c) wait and see; maybe they'll add the AU anyway (not likely), or (d) give up and tell the TL company it didn't work this time.

Is this with new TL company?  I had an issue like yours and it was with new TL company and Barclays.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on January 31, 2019, 10:48:04 AM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Wow, really?  First, I don't know too many people who even have their SS card any more.  Second, I thought the government said you're not supposed to give your card to anyone, and you're not really supposed to give your SSN to anyone unless it's for official government purposes.

I'd consider (a) asking them to add without the SS card based on the above principles, (b) tell them they can't ask for the SS card because it violates US federal law (maybe it does?) and see what they say, (c) wait and see; maybe they'll add the AU anyway (not likely), or (d) give up and tell the TL company it didn't work this time.

Is this with new TL company?  I had an issue like yours and it was with new TL company and Barclays.

Unrelated to TLs, but when I opened a new credit union account last year, they needed a copy of my SS card. They didn't want to see anything else that would have my SSN, such as payroll stubs or tax statements, nor even a copy of my passport. I had to request a new one from the SSA because I didn't have it anymore, so that was a bit of a bother.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 31, 2019, 12:36:09 PM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Wow, really?  First, I don't know too many people who even have their SS card any more.  Second, I thought the government said you're not supposed to give your card to anyone, and you're not really supposed to give your SSN to anyone unless it's for official government purposes.

I'd consider (a) asking them to add without the SS card based on the above principles, (b) tell them they can't ask for the SS card because it violates US federal law (maybe it does?) and see what they say, (c) wait and see; maybe they'll add the AU anyway (not likely), or (d) give up and tell the TL company it didn't work this time.

Is this with new TL company?  I had an issue like yours and it was with new TL company and Barclays.

I thought the deal with Barclays was that you put in the info online and it'll post without a social.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 31, 2019, 12:46:18 PM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Wow, really?  First, I don't know too many people who even have their SS card any more.  Second, I thought the government said you're not supposed to give your card to anyone, and you're not really supposed to give your SSN to anyone unless it's for official government purposes.

I'd consider (a) asking them to add without the SS card based on the above principles, (b) tell them they can't ask for the SS card because it violates US federal law (maybe it does?) and see what they say, (c) wait and see; maybe they'll add the AU anyway (not likely), or (d) give up and tell the TL company it didn't work this time.

Is this with new TL company?  I had an issue like yours and it was with new TL company and Barclays.

I thought the deal with Barclays was that you put in the info online and it'll post without a social.

Huh, you're right.  I have two AUs on my Barclays now and there is a place to add them without a SSN.

I should clarify something.  When I wrote "I had an issue like yours", it was similar only in that Barclays took issue with one of the AUs I added.  They didn't ask for the AUs SS card, but they did freeze my account for a few months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 31, 2019, 06:25:59 PM
With barclaycard, if it's no longer possible to add an AU online (likely due to hitting the limit on this card), has anybody tried to add the same AU over the phone? If so, did it work?

I have a card for which I'm sure I hit the limit, because multiple attempts to add new AUs failed. I reported it as lost and got a new card, still have the same problem. Product change is not an option for this particular card according to the representative on the phone. The last thing i can try is to add the AU over the phone... not sure if it's worth trying, perhaps it could trigger an additional review.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 31, 2019, 09:58:44 PM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Several months ago Capital One required color copies of the every AU I'd ever added.  The New Company sent them to me. One was rejected by CapOne because it wasn't signed and another was rejected because it was black and white. Now my account is restricted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 01, 2019, 06:56:37 AM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Several months ago Capital One required color copies of the every AU I'd ever added.  The New Company sent them to me. One was rejected by CapOne because it wasn't signed and another was rejected because it was black and white. Now my account is restricted.

This is somewhat amusing to me.  But only because I consider all of my tradeline cards to be burners that I don't use them for anything but tradelines or low balance forgiveness in off months.  If Cap One did this to me, I'd ignore them, remove the card from the tradeline account and throw it in the sock drawer.  I'll go a step further.....if any card ever asks me anything about some old AU, they're done.  I guess I can say that with a dozen eligible cards.  F them.  They can put some hoops in front of me and I'm going to pee on them, splash some gas and light them on fire.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 01, 2019, 07:08:22 AM
With barclaycard, if it's no longer possible to add an AU online (likely due to hitting the limit on this card), has anybody tried to add the same AU over the phone? If so, did it work?

I have a card for which I'm sure I hit the limit, because multiple attempts to add new AUs failed. I reported it as lost and got a new card, still have the same problem. Product change is not an option for this particular card according to the representative on the phone. The last thing i can try is to add the AU over the phone... not sure if it's worth trying, perhaps it could trigger an additional review.

You could try but I doubt it will work.  I was in that same boat a few months ago.  The rep will be confused for a while too as to why it isn't working over the phone.  They eventually get a supervisor involved and find the AU limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on February 01, 2019, 08:43:52 AM
Honestly, being able to comply with the CC company's request for old documents from past AUs seems like it'd be more suspicious. I always say the relationship is 'contractor', which they usually can only classify as "other" in their records. "I'm not going to track down the day laborer hired by the guy that fixed my floors eight months ago, so you're not getting copies of his SS card... What are you going to do about it? Cancel my card then if it's such a big deal for you."

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: therethere on February 01, 2019, 08:49:43 AM
With barclaycard, if it's no longer possible to add an AU online (likely due to hitting the limit on this card), has anybody tried to add the same AU over the phone? If so, did it work?

I have a card for which I'm sure I hit the limit, because multiple attempts to add new AUs failed. I reported it as lost and got a new card, still have the same problem. Product change is not an option for this particular card according to the representative on the phone. The last thing i can try is to add the AU over the phone... not sure if it's worth trying, perhaps it could trigger an additional review.

You could try but I doubt it will work.  I was in that same boat a few months ago.  The rep will be confused for a while too as to why it isn't working over the phone.  They eventually get a supervisor involved and find the AU limit.

Right now Barclay is my only tradeline card. Can anyone provide datapoints for what the AU limit might be (including over period of time)?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 01, 2019, 09:44:18 AM

Right now Barclay is my only tradeline card. Can anyone provide datapoints for what the AU limit might be (including over period of time)?

AFAIK about 34-35 lifetime limit. Some people report that they reset it by changing product. My card isn't eligible for product change.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on February 01, 2019, 12:10:47 PM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Wow, really?  First, I don't know too many people who even have their SS card any more.  Second, I thought the government said you're not supposed to give your card to anyone, and you're not really supposed to give your SSN to anyone unless it's for official government purposes.

I'd consider (a) asking them to add without the SS card based on the above principles, (b) tell them they can't ask for the SS card because it violates US federal law (maybe it does?) and see what they say, (c) wait and see; maybe they'll add the AU anyway (not likely), or (d) give up and tell the TL company it didn't work this time.

Is this with new TL company?  I had an issue like yours and it was with new TL company and Barclays.

It was the new company. Also the new company says that if you add online barclays wont let you put the social in so you have to call. The new company claims without the social it wont post
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 01, 2019, 12:15:07 PM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Wow, really?  First, I don't know too many people who even have their SS card any more.  Second, I thought the government said you're not supposed to give your card to anyone, and you're not really supposed to give your SSN to anyone unless it's for official government purposes.

I'd consider (a) asking them to add without the SS card based on the above principles, (b) tell them they can't ask for the SS card because it violates US federal law (maybe it does?) and see what they say, (c) wait and see; maybe they'll add the AU anyway (not likely), or (d) give up and tell the TL company it didn't work this time.

Is this with new TL company?  I had an issue like yours and it was with new TL company and Barclays.

It was the new company. Also the new company says that if you add online barclays wont let you put the social in so you have to call. The new company claims without the social it wont post

That's a real contradiction to what arebelspy has said in the past about Barclays
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 01, 2019, 12:51:50 PM
SSN is not needed for BC cards in my experience.  I don't advocate breaking either company's rules so do what you wish.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on February 01, 2019, 12:57:05 PM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Wow, really?  First, I don't know too many people who even have their SS card any more.  Second, I thought the government said you're not supposed to give your card to anyone, and you're not really supposed to give your SSN to anyone unless it's for official government purposes.

I'd consider (a) asking them to add without the SS card based on the above principles, (b) tell them they can't ask for the SS card because it violates US federal law (maybe it does?) and see what they say, (c) wait and see; maybe they'll add the AU anyway (not likely), or (d) give up and tell the TL company it didn't work this time.

Is this with new TL company?  I had an issue like yours and it was with new TL company and Barclays.

It was the new company. Also the new company says that if you add online barclays wont let you put the social in so you have to call. The new company claims without the social it wont post

That's a real contradiction to what arebelspy has said in the past about Barclays

I have talked to Arebelspy a lot but never on this topic of Barclays. I am just going by the adding instructions the company gives in their dashboard. I'll post back and let the thread know how it goes
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: threepacballer on February 03, 2019, 03:27:47 PM
Just got shut down with Chase. I had two cards with new company for about nine months. The letter stated they were closing account because of Adding and/or removing multiple authorized users in a short period of time. Both accounts received the same letter. I had 5 adds on the higher limit card during that time and none on my other card. I had been with them over 10 years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on February 03, 2019, 09:41:29 PM
Just got shut down with Chase. I had two cards with new company for about nine months. The letter stated they were closing account because of Adding and/or removing multiple authorized users in a short period of time. Both accounts received the same letter. I had 5 adds on the higher limit card during that time and none on my other card. I had been with them over 10 years.
Sorry for your loss.  How many AUs in total did you put on  each Chase card in that 9months?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on February 03, 2019, 09:44:29 PM
Just got shut down with Chase. I had two cards with new company for about nine months. The letter stated they were closing account because of Adding and/or removing multiple authorized users in a short period of time. Both accounts received the same letter. I had 5 adds on the higher limit card during that time and none on my other card. I had been with them over 10 years.

Did they shut down all your accounts or just the AU account?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on February 04, 2019, 07:30:44 AM
Chase shuts down ALL your accounts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: threepacballer on February 04, 2019, 08:51:20 AM
I had 5 AU's in total on one card during that period. Yes, they shut down all my accounts. The one card did not have any AU's at all but they also shut it down as it is their policy. I got the same letter for the card that had no AU's ever added saying it had too many adds even though that card had none. I have stellar credit and been with them a long time so this sucks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 04, 2019, 10:46:12 AM
I had 5 AU's in total on one card during that period. Yes, they shut down all my accounts. The one card did not have any AU's at all but they also shut it down as it is their policy. I got the same letter for the card that had no AU's ever added saying it had too many adds even though that card had none. I have stellar credit and been with them a long time so this sucks.

What was the maximum number of AUs that you had on the first card at any given point in time?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on February 04, 2019, 01:17:07 PM
I had 5 AU's in total on one card during that period. Yes, they shut down all my accounts. The one card did not have any AU's at all but they also shut it down as it is their policy. I got the same letter for the card that had no AU's ever added saying it had too many adds even though that card had none. I have stellar credit and been with them a long time so this sucks.

Have you tried calling and asking to be reinstated? Odds of reinstatement are generally very good if Chase shuts you down for suspected bust-out/velocity concerns; it would be worth trying in this case as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on February 04, 2019, 04:00:19 PM
Had an issue with barclays. They demanded a physical copy of the AU's SS card. Obviously didnt have it. Not sure what to do

Wow, really?  First, I don't know too many people who even have their SS card any more.  Second, I thought the government said you're not supposed to give your card to anyone, and you're not really supposed to give your SSN to anyone unless it's for official government purposes.

I'd consider (a) asking them to add without the SS card based on the above principles, (b) tell them they can't ask for the SS card because it violates US federal law (maybe it does?) and see what they say, (c) wait and see; maybe they'll add the AU anyway (not likely), or (d) give up and tell the TL company it didn't work this time.

Is this with new TL company?  I had an issue like yours and it was with new TL company and Barclays.

It was the new company. Also the new company says that if you add online barclays wont let you put the social in so you have to call. The new company claims without the social it wont post

That's a real contradiction to what arebelspy has said in the past about Barclays

I have talked to Arebelspy a lot but never on this topic of Barclays. I am just going by the adding instructions the company gives in their dashboard. I'll post back and let the thread know how it goes

Wanted to update anyone interested. I added the other Barclay AU by phone with no problems. Going to call again tonight to straighten out the other ad
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 05, 2019, 06:28:54 AM
When does the new company send out 1099's?  I got one from the old company already along with every bank I have money in and every brokerage and every W2.  Don't see anywhere on the site where they'd be.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on February 05, 2019, 06:50:38 AM
When does the new company send out 1099's?  I got one from the old company already along with every bank I have money in and every brokerage and every W2.  Don't see anywhere on the site where they'd be.

I haven't received mine either.  And I couldn't find it on the site.  I e-mailed them, but have not gotten a reply yet.  :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: threepacballer on February 05, 2019, 07:00:41 AM
I never had more than 2 adds on the Chase card at one time. I have not tried to be reinstated but I will give that a shot. Was not aware that was a possibility. Thanks for the suggestion. Will let you know what happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 05, 2019, 07:52:43 AM
I received a hard copy W2 in the mail yesterday from the new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on February 05, 2019, 11:54:56 AM
New Old company emailed me a password-protected copy of my 1099, so I assume they aren't sending hard copies. I suggest checking your emails.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 05, 2019, 12:14:43 PM
New company emailed me a password-protected copy of my 1099, so I assume they aren't sending hard copies. I suggest checking your emails.

I got one from the old company.  I'll check my snail mail today.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dlawson on February 05, 2019, 01:27:42 PM
New company emailed me a password-protected copy of my 1099, so I assume they aren't sending hard copies. I suggest checking your emails.

I got one from the old company.  I'll check my snail mail today.

Sorry, I meant old company! I onboarded with them in reverse order and always get the pseudonyms mixed up. New company sent me a physical 1099; old company sent me an electronic 1099.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on February 05, 2019, 07:56:48 PM
I get both text and email from both companies to add and to remove.  The old company's web page is nice in that it shows how many spots are sold and how many total spots are available for each card.  So I know that if one card says 2/2, that it's not going to be sold until at least one AU is removed.

Lame. I forgot to remove some AU's last month and I didn't get and email or text.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 07, 2019, 05:39:28 PM
New company sent me a physical 1099; old company sent me an electronic 1099.

Yep, everyone should have gotten a 1099 from new company in the mail this week, and an electronic one from old company via email/portal a week or two ago.

Note that you may not receive a 1099 if the amount earned was less than $600 but you are still responsible for reporting the income on your taxes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on February 08, 2019, 04:39:12 AM
Just posting to say that I did receive a 1099 from the new company even though it was less than $600.  So anybody who may be trying to skirt reporting that income - beware.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 08, 2019, 06:52:24 AM
Just posting to say that I did receive a 1099 from the new company even though it was less than $600.  So anybody who may be trying to skirt reporting that income - beware.

Is there a way to check online which companies sent you 1099s and for what amounts for 2018 tax year before you file taxes?

For example, in case one of the 1099s gets lost in the mail or you change an address and by mistake receive a 1099 to your previous address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 08, 2019, 09:50:53 AM
Just posting to say that I did receive a 1099 from the new company even though it was less than $600.  So anybody who may be trying to skirt reporting that income - beware.

Is there a way to check online which companies sent you 1099s and for what amounts for 2018 tax year before you file taxes?

For example, in case one of the 1099s gets lost in the mail or you change an address and by mistake receive a 1099 to your previous address.

It's not public information, so no, it wouldn't be online.

But what you should be doing is keeping track throughout the year of your taxable income and where it came from.  You can also find out the deadlines for when the forms need to be sent.  Then if a 1099 or other tax form does not show up, you can call the company or person who should have sent it to you and investigate.  I do this.

In theory one should also confirm that the data on the form is accurate.  I usually don't do this; as long as the numbers are in the ballpark I assume they are correct.  Especially for complicated tax form like those related to stock options exercises.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kpd905 on February 08, 2019, 10:14:37 AM
Just posting to say that I did receive a 1099 from the new company even though it was less than $600.  So anybody who may be trying to skirt reporting that income - beware.

Is there a way to check online which companies sent you 1099s and for what amounts for 2018 tax year before you file taxes?

For example, in case one of the 1099s gets lost in the mail or you change an address and by mistake receive a 1099 to your previous address.

The Wage and Income Transcript listed on this page will show all banks/companies that reported 1099 income: https://www.irs.gov/individuals/tax-return-transcript-types-and-ways-to-order-them
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on February 11, 2019, 09:31:46 AM
My 30-year BoA card was just closed (supposedly during a periodic review) for irregular AU activity. I don't know whether the rep really couldn't or just wouldn't give me more details when I pressed him several times such as what would constitute irregular activity or why their site says it's "a great way to extend your credit line" to others.

I requested to re-open and he said the reply back was "the terms & conditions you originally agreed to are no longer available". I pressed him on that, too. I can see T&C changing but how do they become unavailable? I wondered if he was just playing with me.

It had 3 current AUs and 9 prior to that since Sep 2017.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 11, 2019, 11:26:19 AM
My 30-year BoA card was just closed (supposedly during a periodic review) for irregular AU activity. I don't know whether the rep really couldn't or just wouldn't give me more details when I pressed him several times such as what would constitute irregular activity or why their site says it's "a great way to extend your credit line" to others.

I requested to re-open and he said the reply back was "the terms & conditions you originally agreed to are no longer available". I pressed him on that, too. I can see T&C changing but how do they become unavailable? I wondered if he was just playing with me.

It had 3 current AUs and 9 prior to that since Sep 2017.

Emphasis added.  Bummer.  Old Company recommends a max of 2 AUs at a time on BofA cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on February 11, 2019, 12:00:40 PM
I had my Discover closed last September, probably due to selling tradelines. I would like to get a new Discover account at some point in the near future; anyone who has a had a Discover account closed, have you been able to reapply for a new account? Any idea on how long I'd have to wait? I really liked the Discover card, too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on February 11, 2019, 03:58:08 PM
Emphasis added.  Bummer.  Old Company recommends a max of 2 AUs at a time on BofA cards.

That is all I wanted on it and had the company change that when I got the 3rd one. As everyone else says, it's not IF your card will be closed, it's WHEN it will be. I was hoping for another year or 2 at least.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: gamzarme on February 12, 2019, 11:03:39 AM
My 30-year BoA card was just closed (supposedly during a periodic review) for irregular AU activity. I don't know whether the rep really couldn't or just wouldn't give me more details when I pressed him several times such as what would constitute irregular activity or why their site says it's "a great way to extend your credit line" to others.

I requested to re-open and he said the reply back was "the terms & conditions you originally agreed to are no longer available". I pressed him on that, too. I can see T&C changing but how do they become unavailable? I wondered if he was just playing with me.

It had 3 current AUs and 9 prior to that since Sep 2017.

All my BoA accounts were closed. I only had credit cards. The youngest line was on fire, I played with it, and it got me burned. (Senseless, lowest earn tier and 5 AUs - company never asked to remove AUs, just add more.) The oldest line was almost 7 years, altogether over $25k in credit with BoA. All that history is gone. From reading this thread I know that there isn't any hope of having having the accounts reopened. Effective ban from BoA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 14, 2019, 08:09:21 PM
You take your chances with selling tradelines. It's not guaranteed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 14, 2019, 08:46:57 PM
The last two or three times I added Citicard AUs over the phone, I was asked if i wanted them to issue the card for AU. The last time the rep asked me "if I wanted the card issued or just add that person as an administrator", whatever that means. I opted for issuing the card. Does anybody know what happens if I ask them not to issue one? Will the tradeline still post?

The problem with Citi is that they issue actual cards and mail them to my address but put AU's name on the envelope. Then the postman most of the time doesn't deliver these letters because the name on the mailbox doesn't match the name on the letter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on February 15, 2019, 11:46:29 AM
New company emailed me a password-protected copy of my 1099, so I assume they aren't sending hard copies. I suggest checking your emails.

I got one from the old company.  I'll check my snail mail today.

I haven't got the 1099 from the New Company, yet. I emailed them but as usual no response. I know the amount that they paid me in 2018 but am not confident that they will report it correctly to the IRS. So now am held up and probably will have to request Joe to nudge them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DarrellEW on February 15, 2019, 12:31:23 PM
New company emailed me a password-protected copy of my 1099, so I assume they aren't sending hard copies. I suggest checking your emails.

I got one from the old company.  I'll check my snail mail today.

I haven't got the 1099 from the New Company, yet. I emailed them but as usual no response. I know the amount that they paid me in 2018 but am not confident that they will report it correctly to the IRS. So now am held up and probably will have to request Joe to nudge them.

I'm in the same boat. Just e-mailed them and got a reply within minutes. Make sure you e-mail one (or all) of the three employees directly (not sure if we're allowed to share their names), as they don't monitor the 'info' and 'support' e-mail addresses.

Update: Apparently, my 1099 was sent to my old address (from ~1.5 years ago) despite the portal showing my current address. Now working to resolve that issue, but they sent me a PDF of my 1099 in the meantime.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on February 18, 2019, 03:06:42 PM
The problem with Citi is that they issue actual cards and mail them to my address but put AU's name on the envelope. Then the postman most of the time doesn't deliver these letters because the name on the mailbox doesn't match the name on the letter.

I hate that some Credit Card Companies do this.  I have the same problem with letters not being delivered to me because it is not my name on the outside.  I'm signed up for Informed Delivery, so I will see that a card is coming, but then I won't get it because it isn't my name.  So stupid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 18, 2019, 03:09:04 PM
The problem with Citi is that they issue actual cards and mail them to my address but put AU's name on the envelope. Then the postman most of the time doesn't deliver these letters because the name on the mailbox doesn't match the name on the letter.

I hate that some Credit Card Companies do this.  I have the same problem with letters not being delivered to me because it is not my name on the outside.  I'm signed up for Informed Delivery, so I will see that a card is coming, but then I won't get it because it isn't my name.  So stupid.

The post office has always delivered anything to my address, regardless of the addressee.  I get stuff here for me, my kids, my AUs, the previous homeowners, and my sister.  I'd suggest taking the issue up with your local post office; my understanding is they're not doing their job.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrontRanger on February 19, 2019, 03:02:03 PM
Is this below message from Barclays the "death message" of you can't add any more AUs? I have added close to 30+ so far and tried one more and got this message below. Never received it before when adding online.

"We apologize for the inconvenience, but we could not complete your request. Please try again."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 19, 2019, 05:23:01 PM
^yes, that was my death message from Barclays
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 25, 2019, 01:20:19 PM
Well, it finally happened. I got letters in the mail today stating that Chase was closing all of my accounts due to "too many requests for credit" and "account not used as intended". I knew it would happen eventually, was just hoping it wouldn't be for a white yet. I really don't mind burning that bridge with Chase as I have other issues with them, and I was able to pocket $1725 before they closed them. I am redoubling my focus on getting new Barclay cards and aging them so that when my current crop maxes out I have new ones coming online. Most other card issuers are becoming a hassle to work with, but Barclay can be done completely online and they don't seem to really give a shit if you're adding users or not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on February 25, 2019, 02:04:40 PM
Sorry to hear that Ducky. Hope you were able to transfer any card rewards points out of those credit cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 26, 2019, 09:19:50 AM
I lost about $7 in Amazon rewards and probably 2000 Hyatt points that hadn't posted yet. Otherwise I didn't keep points in there for long, for that reason.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on March 04, 2019, 05:50:05 PM
For the New Company, was there a price change that occurred on 2/14/19?  When I go to "My Cards" and click the plus sign of any of the cards, I see in the Notes section it mentions a raise in prices and it is dated 2/14/19 with the initials EW.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 05, 2019, 07:10:24 AM
I haven't seen any activity for awhile.  I logged into my account thinking I might be not getting any messages, but I don't have any tasks.  However when I check the availability of my card it shows a new person listed for March 2019 and April 2019, but I never received a message to add them.  Their name is followed by (C.O.) for April.  Should I be expecting them to add a task to add this person some time in March?   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: therethere on March 05, 2019, 08:24:26 AM
When I'm going to do my taxes HR Block is making me create a business to input my 1099-MISC from my (1) tradeline. Is there any way to input this so I won't have to pay self employment taxes? Bummed because this and a $800 side gig is forcing me to pay for the $70 small business package from HR Block, or $100 from TurboTax!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on March 05, 2019, 09:08:56 AM
When I'm going to do my taxes HR Block is making me create a business to input my 1099-MISC from my (1) tradeline. Is there any way to input this so I won't have to pay self employment taxes? Bummed because this and a $800 side gig is forcing me to pay for the $70 small business package from HR Block, or $100 from TurboTax!

Not sure how to do this in Turbo Tax, but you can report it as "Other Income" on line 21 of Schedule A. I did the equivalent of this the first year I sold tradelines. It was like $100 and I wasn't sure I would keep doing it or that it would be profitable in the long term, so I figured it would work under a couple of descriptions of "Other Income" described in Publication 525:

Activity not for profit. You must include on your return income from an activity from which you don't expect to make a profit. An example of this type of activity is a hobby or a farm you operate mostly for recreation and pleasure. Enter this income on Schedule 1 (Form 1040), line 21. Deductions for expenses related to the activity are limited. They can't total more than the income you report and can be taken only if you itemize deductions on Schedule A (Form 1040). See Not-for-Profit Activities in chapter 1 of Pub. 535 for information on whether an activity is considered carried on for a profit.

Fees for services. Include all fees for your services in your income. Examples of these fees are amounts you receive for services you perform as:
• A corporate director;
• An executor, administrator, or personal
representative of an estate;
• A manager of a trade or business you operated before declaring Chapter 11 bankruptcy;
• A notary public; or
• An election precinct official.
If you aren't an employee and the fees for your services from a single payer in the course of the payer's trade or business total $600 or more for the year, the payer should send you Form 1099-MISC.

You can also use a different free tax program like Credit Karma taxes or the free file (AGI under $65k) or free fillable forms from the IRS.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on March 06, 2019, 05:28:10 AM
When I'm going to do my taxes HR Block is making me create a business to input my 1099-MISC from my (1) tradeline. Is there any way to input this so I won't have to pay self employment taxes? Bummed because this and a $800 side gig is forcing me to pay for the $70 small business package from HR Block, or $100 from TurboTax!

TaxAct is $57.95 for the Premier package.  Don't forget to go through ebates for 10% back. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: therethere on March 06, 2019, 08:45:30 AM
When I'm going to do my taxes HR Block is making me create a business to input my 1099-MISC from my (1) tradeline. Is there any way to input this so I won't have to pay self employment taxes? Bummed because this and a $800 side gig is forcing me to pay for the $70 small business package from HR Block, or $100 from TurboTax!

TaxAct is $57.95 for the Premier package.  Don't forget to go through ebates for 10% back.

I was actually able to go through Credit Karma for FREE, including state which I usually have to do separate. It covered everything I was really surprised.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 06, 2019, 10:25:33 AM
Can everybody report their income as other income and not pay self employment taxes or is there an income limit?

For example, if the total income is a couple of thousand with 1099 recieved from both tradeline companies, does it have to be reported as earned income?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 06, 2019, 01:56:46 PM
Can everybody report their income as other income and not pay self employment taxes or is there an income limit?

For example, if the total income is a couple of thousand with 1099 recieved from both tradeline companies, does it have to be reported as earned income?

Everyone should report the income on their tax return in the proper place.

There are criteria - surprisingly a little tricky to find, but if you're persistent you can find them - as to whether it should be reported as self-employment income or other income.

These criteria depend on the facts and circumstances, not on the amount of income.  There is no income limit to either option as far as I know.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on March 09, 2019, 09:19:34 AM
However when I check the availability of my card it shows a new person listed for March 2019 and April 2019, but I never received a message to add them.  Their name is followed by (C.O.) for April.  Should I be expecting them to add a task to add this person some time in March?
Yes, that is a future spot sold on that card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 09, 2019, 06:50:41 PM
However when I check the availability of my card it shows a new person listed for March 2019 and April 2019, but I never received a message to add them.  Their name is followed by (C.O.) for April.  Should I be expecting them to add a task to add this person some time in March?
Yes, that is a future spot sold on that card.

When are they going to notify me to add them?  Waiting until my billing cycle gets closer so they can jam me up and make it a last minute add?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on March 09, 2019, 07:09:20 PM
That's normally what they do to me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 09, 2019, 07:27:43 PM
However when I check the availability of my card it shows a new person listed for March 2019 and April 2019, but I never received a message to add them.  Their name is followed by (C.O.) for April.  Should I be expecting them to add a task to add this person some time in March?
Yes, that is a future spot sold on that card.

When are they going to notify me to add them?  Waiting until my billing cycle gets closer so they can jam me up and make it a last minute add?

I'd guess it's more to make sure it isn't cancelled.

Does a five minute thing that you have multiple days to do really "jam you up"?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 09, 2019, 08:18:34 PM
However when I check the availability of my card it shows a new person listed for March 2019 and April 2019, but I never received a message to add them.  Their name is followed by (C.O.) for April.  Should I be expecting them to add a task to add this person some time in March?
Yes, that is a future spot sold on that card.

When are they going to notify me to add them?  Waiting until my billing cycle gets closer so they can jam me up and make it a last minute add?

I'd guess it's more to make sure it isn't cancelled.

Does a five minute thing that you have multiple days to do really "jam you up"?

Depending on how much lead time - yes.  They've given me only 24 hours notice to add someone before.  If I happen to be working a 12+ hour day, or I'm working out of town, or I have other obligations keeping me busy for a day or two, I may not have the time to log on and get the info and make the phone call.  It's also no guarantee to be "a five minute thing" with citi, it might be more like a 20 minute ordeal of sitting on hold and getting transferred to the fraud dept. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 11, 2019, 07:09:09 PM
Has anybody received recent tradeline orders? I haven't gotten any orders since mid February. Seems odd given that I got a few in a row in January and beginning of February. I wonder if it's seasonal?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 11, 2019, 07:25:08 PM
Has anybody received recent tradeline orders? I haven't gotten any orders since mid February. Seems odd given that I got a few in a row in January and beginning of February. I wonder if it's seasonal?

For me it has always gone in spurts.  I think one of the companies says that around tax season it gets busier.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 11, 2019, 08:20:54 PM
It definitely goes in spurts.

I have had a few orders in the past couple of months.

(This is with the old company).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JasonDetwiler on March 13, 2019, 01:57:29 PM
Citi canceled my TL card as well as my AA miles card.  Fun while it lasted I guess.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 13, 2019, 06:28:47 PM
Has anybody received recent tradeline orders? I haven't gotten any orders since mid February. Seems odd given that I got a few in a row in January and beginning of February. I wonder if it's seasonal?

Lots from the old company on $25 paying new cards.  Regular card maybe once a quarter from the old company.  Nothing since about October from the new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 13, 2019, 06:51:15 PM
Citi canceled my TL card as well as my AA miles card.  Fun while it lasted I guess.

Did you call them and ask for the reason?

Just to clarify, you used one Citi card for tradelines and they cancelled all your cards, not only the one you used?

After AA card closure, I hope you can still keep your AA miles. The miles are with the airline, not the bank.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: shingy on March 14, 2019, 07:53:12 AM
Citi canceled my TL card as well as my AA miles card.  Fun while it lasted I guess.
Just to clarify, you used one Citi card for tradelines and they cancelled all your cards, not only the one you used?

I'm curious about that as well as I have one of my Citi cards with the old company and would be ok to lose it, but not my other Citi cards
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on March 14, 2019, 06:38:17 PM
Has anybody received recent tradeline orders? I haven't gotten any orders since mid February. Seems odd given that I got a few in a row in January and beginning of February. I wonder if it's seasonal?

I only use old company.  Didn't have an order since Nov, then got 4 in a row this month.   We're coming into the best season for real estate purchases so I guess it makes some sense.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 17, 2019, 07:20:09 AM
I got quite a few of the $25 orders on several cards. All but 1 card aged past 2 years recently and I saw a noticeable decline in sales. Probably overloaded with those types of cards. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on March 17, 2019, 04:50:16 PM
Has anybody received recent tradeline orders? I haven't gotten any orders since mid February. Seems odd given that I got a few in a row in January and beginning of February. I wonder if it's seasonal?

Nope. i had one in November and nothing since. (new company)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FireEngineer on March 18, 2019, 08:10:51 AM
Has anybody received recent tradeline orders? I haven't gotten any orders since mid February. Seems odd given that I got a few in a row in January and beginning of February. I wonder if it's seasonal?

Nope. i had one in November and nothing since. (new company)
I've had 2 on my $50 line in February and just got an order on my $225 last week. I just bumped up the limit on my third card, so it will probably take a couple of months before I get orders on it. It always seems like it takes time for the cards to get orders when they go to a higher bracket.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on March 18, 2019, 04:08:31 PM
Oh for sure. I have some pretty reliable sellers on small orders, $25-50 each. Nothing but cobwebs on the bigger cards ($150-200+). I'm curious about continuing to pick up little cards if they sell so well, that way I always have something getting interest. I mean, if a card sells 6/8 times a year at $50 I'd rather not have it "age up" and go for $100 or $200 and get only one order a year or two years.

Having what we would consider "desirable" cards... high credit limit, long history, etc... may not be what buyers really need. It might be more efficient for them to just show an increase in available credit/lower utilization that a quick $10-$20,000 increase in available credit on a six-month-old card can provide, and at a lower cost.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on March 18, 2019, 05:51:55 PM
Selling Tradelines was talked about on The Clark Howard Show today.  Clark broadcasts his radio show all over America and is a huge supporter of the FIRE movement.  He has some interesting points to make against piggybacking.

Link (starts at 8:55): https://clark.com/podcasts/3-18-19-trouble-saving-for-retirement-bad-529-plans-home-ownership-on-the-rise/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on March 18, 2019, 06:42:12 PM
He has some interesting points to make against piggybacking.

Link (starts at 8:55): https://clark.com/podcasts/3-18-19-trouble-saving-for-retirement-bad-529-plans-home-ownership-on-the-rise/

I listened.  His main point seems to be the AU might be able to get access to the full credit card information and then use the credit card.  I'm not sure how they could obtain all of that information.  Seems very far fetched, mostly because I doubt someone trying to commit CC fraud would utilize that type of methodology (going through a tradeline company).  But mostly because even if they were to call into the credit card company to try to obtain the full CC, wouldn't they need far too much information to accomplish that?  Just having the last 4 digits from their credit report and the name of the primary isn't enough.  I think this guy's concerns are overly imaginative.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on March 18, 2019, 08:04:19 PM
Agree that Clark has no idea what he's talking about. Even if they could somehow get enough info to impersonate you and claim the card was stolen so they need a new one, the replacement would still be sent to primary card holder address. I suppose there's a non-zero chance the rep wouldn't think it odd that your card got lost AND you need to change your address at the same time, but it would take an awful lot to get to that point. Now if you're being targeted by nation-state baddies....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 18, 2019, 10:38:28 PM
My recollection is that credit reports show the first several digits, no the last 4.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on March 18, 2019, 11:00:20 PM
My recollection is that credit reports show the first several digits, no the last 4.

No, as that would be incredibly insecure given how accessible credit reports are.  I just checked mine, it doesn’t provide any of the numbers, all “x’s” for almost every account -- only a couple did provide the last 4 (I have around 35 from churning).  Even when you log into your cc Account it will only provide the last 4.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on March 18, 2019, 11:34:36 PM
My recollection is that credit reports show the first several digits, no the last 4.

No, as that would be incredibly insecure given how accessible credit reports are.  I just checked mine, it doesn’t provide any of the numbers, all “x’s” for almost every account -- only a couple did provide the last 4 (I have around 35 from churning).  Even when you log into your cc Account it will only provide the last 4.

First 4 only identify the issuing bank, correct? The first digit is the issuer (4 for Visa, 5 for MasterCard, 6 for Discover) and the next 3 are the bank (chase/citi/barclay etc). There's some variation due to the checksum algorithm, but I think only the last 7 or so digits are your actual account number (the very last one is just the checkdigit).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on March 19, 2019, 07:46:30 AM

First 4 only identify the issuing bank, correct?

Correct, first 4 are pretty meaningless
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on March 19, 2019, 06:42:46 PM
Even though discover canceled my account months (a year?) ago, they still send me free credit monitoring alerts, so I’ve got that going for me, which is nice
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrontRanger on March 20, 2019, 07:28:32 AM
Do you guys use the AU cards or just stick them in a drawer? Thinking that I’d use them to do the occasional gas or grocery purchase to at least show some usage. Does it even matter?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on March 20, 2019, 07:42:51 AM
Do you guys use the AU cards or just stick them in a drawer? Thinking that I’d use them to do the occasional gas or grocery purchase to at least show some usage. Does it even matter?

Personally I just stick them in a drawer, and have never had one not post. YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 20, 2019, 11:33:58 AM
Do you guys use the AU cards or just stick them in a drawer? Thinking that I’d use them to do the occasional gas or grocery purchase to at least show some usage. Does it even matter?

Personally I just stick them in a drawer, and have never had one not post. YMMV.

+1.  (Well I have had one not post, but I've had lots that have posted, so I assume that one didn't post for some other reason.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 20, 2019, 11:50:59 AM
Do you guys use the AU cards or just stick them in a drawer? Thinking that I’d use them to do the occasional gas or grocery purchase to at least show some usage. Does it even matter?

Never activated them and never used them.  I immediately set them aside to be shredded.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 20, 2019, 12:35:57 PM
Agree with the others.  I shred them when received.  I don't request them for issuers that offer that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 21, 2019, 07:14:49 AM
Do you guys use the AU cards or just stick them in a drawer? Thinking that I’d use them to do the occasional gas or grocery purchase to at least show some usage. Does it even matter?

I heat my house with a wood furnace.  To start it, I take my "paper" bag from the kitchen, where we put anything burnable and sit it on the bottom of the fire box.  I then take another paper bag full of twigs and put it on the papers.  Then a few pieces of fire wood and light the pile.  Any AU cards get thrown into the paper bag. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on March 21, 2019, 07:37:06 PM
Do you guys use the AU cards or just stick them in a drawer? Thinking that I’d use them to do the occasional gas or grocery purchase to at least show some usage. Does it even matter?
Somewhere in all these tradeline posts was someone claiming their bank sent AU cards with different acct numbers. In that case, you should use the card. The huge majority of banks issue AU cards with the same number so it doesn't matter. Perhaps they were confused and were trying to use a business card for tradelines??? I don't see why a bank would use different numbers, but that stuck out at me since I found it so odd.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on March 22, 2019, 09:35:01 AM
BarclayCard uses different account #'s for your AU's.  It definitely comes in handy.  Let's say you add your son as an AU on your Barclaycard to use while he is attending college out-of-town.  You've got 5 or 6 autopays set up on your Barclaycard.   Now,,, one day your son calls and says he lost his card!!!  All you do is contact Barclaycard and they send him a new card (new card #) and BAMM that's it, you don't need to worry about YOUR card!

What if this same thing happened to you but you were using a Chase card (instead of Barclay).  They close YOUR card and send you both new cards so now you have to got into 5 or 6 autopays and set them up...quite a pain!!!   And yes, this was a real life experience for me!  :-)

Yes, I know you can and should use a separate card for the autopays.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 22, 2019, 01:33:36 PM
AMEX uses different numbers for AUs.  Not that anyone would use them for tradeline sales, but just as an example....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Richie Poor on March 27, 2019, 10:45:13 AM
Does anyone have first hand experience with changing products on a Barclays card to reset the AU limit? I just downgraded the arrival plus card to the arrival and it did not seem to do the trick, unless it takes a full billing cycle to reset or some other requirement.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on April 02, 2019, 11:23:55 AM
I had pretty much forgotten about tradelines, but just got my first add in almost 2 years!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 03, 2019, 05:58:09 AM
Got an add for my Citi card. I added the AU online and then called in to add the social. Very painless and quick process. I know folks have had issues with Citi being a PITA before. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on April 03, 2019, 09:08:09 PM
Got an add for my Citi card. I added the AU online and then called in to add the social. Very painless and quick process. I know folks have had issues with Citi being a PITA before.

That's a shock!  A few months ago I added a friend to my Citi card, it was at least 45 minutes of nonsense to the point I'm not sure I'll use any of my Citi cards for tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 03, 2019, 09:57:45 PM
I tried to remove an AU from a Citicard over the phone and they closed my card and issued another one with a different number even though I didn't ask them to close it.

Looks like another AU, which wasn't supposed to be removed yet, is no longer linked to the card. I called and they said they would link the remaining AU to the new card and issue a new AU card for them too.

So stupid... Citi is the worst bank to deal with when it comes to adding and removing AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 04, 2019, 04:40:25 AM
Got an add for my Citi card. I added the AU online and then called in to add the social. Very painless and quick process. I know folks have had issues with Citi being a PITA before.

That's a shock!  A few months ago I added a friend to my Citi card, it was at least 45 minutes of nonsense to the point I'm not sure I'll use any of my Citi cards for tradelines.

I was fully expecting the third degree. Perhaps it was because I had already added the AU online or maybe I just got lucky and got a really good rep? I dunno.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on April 04, 2019, 10:24:55 PM
Got an add for my Citi card. I added the AU online and then called in to add the social. Very painless and quick process. I know folks have had issues with Citi being a PITA before.

That's a shock!  A few months ago I added a friend to my Citi card, it was at least 45 minutes of nonsense to the point I'm not sure I'll use any of my Citi cards for tradelines.

I was thinking it may be because you added the AU online first.  I can't remember if I did or not but I'm leaning towards I didn't.  If there's ever a next time I will try that.
I was fully expecting the third degree. Perhaps it was because I had already added the AU online or maybe I just got lucky and got a really good rep? I dunno.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 05, 2019, 06:58:05 AM
Got an add for my Citi card. I added the AU online and then called in to add the social. Very painless and quick process. I know folks have had issues with Citi being a PITA before.
Does this work consistently (adding Citi AUs online and then calling to add the social)? How many AUs did you add the same way? Did they all post? Has anybody else done the same? I always add Citi AUs over the phone but it's a major pain do add and even remove them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on April 05, 2019, 11:46:38 AM
My last post got cut off.  What I said was if there's a next time I'll try adding the AU online and call the ssn in. Thanks masterstache.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on April 05, 2019, 11:51:22 AM
It didn't get cut off. You just posted above the comment you were responding to.
My last post got cut off.  What I said was if there's a next time I'll try adding the AU online and call the ssn in. Thanks masterstache.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 05, 2019, 12:07:03 PM
Got an add for my Citi card. I added the AU online and then called in to add the social. Very painless and quick process. I know folks have had issues with Citi being a PITA before.
Does this work consistently (adding Citi AUs online and then calling to add the social)? How many AUs did you add the same way? Did they all post? Has anybody else done the same? I always add Citi AUs over the phone but it's a major pain do add and even remove them.

I dunno. I used to add online and then send a SM to add the social to the AU. Only had one not post doing it that way over maybe 8-10 adds. This is the first time doing it this way so we'll see.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on April 05, 2019, 08:34:55 PM
It didn't get cut off. You just posted above the comment you were responding to.
My last post got cut off.  What I said was if there's a next time I'll try adding the AU online and call the ssn in. Thanks masterstache.

AH!  I get easily confused.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on April 09, 2019, 07:22:51 PM
2018 was the first year I sold any tradelines so this is my first time to do taxes with tradeline revenue.  I entered the 1099 misc. and entered sales as the source of the income.  Turbotax put it on a schedule C and wants a principal business code.  What have you guys entered for source of income and did you put it on a schedule C?  If it matters I made $400.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on April 10, 2019, 03:29:09 AM
Just applied for a Barclays card for travel hacking. Posting to follow so a year from now I can start selling tradelines on it. I do have a capital one card that's about 6 months old that I'll try to use first. All my other cards are from credit unions and have been open a decade plus (and get minimal usage).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 10, 2019, 09:03:57 PM
Oh well Citi closed my card because of all the authorized user activity on it over the last 2 years.
It was a good run and I probably made around $5000 from that card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 10, 2019, 09:11:23 PM
Oh well Citi closed my card because of all the authorized user activity on it over the last 2 years.
It was a good run and I probably made around $5000 from that card.
Did Citi close just one card which you used for tradelines or all your Citi cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 10, 2019, 09:19:04 PM
Yes only the card used for tradelines. the other 2 citi accounts are unaffected.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on April 11, 2019, 07:42:16 AM
I haven't gotten a spot on my card filled in almost 5 months now... has anyone else had this issue?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on April 12, 2019, 08:10:42 AM
I haven't either. I have 5 cards listed with New Company. None have had an order since November.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on April 12, 2019, 09:21:33 AM
Oh well Citi closed my card because of all the authorized user activity on it over the last 2 years.
It was a good run and I probably made around $5000 from that card.
Yeah, it's not uncommon for cards without any activity to get closed after a period of time. Usually just one small transaction a year is enough to keep them open indefinitely.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 12, 2019, 09:34:13 AM
FYI @lexde and others, I am staying pretty busy with "old company".  Yall may want to give them a shot.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 12, 2019, 12:26:53 PM
FYI @lexde and others, I am staying pretty busy with "old company".  Yall may want to give them a shot.

+1. Although once most of my cards aged past 2 years, I saw a noticeable decline in sales from "old company" as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 12, 2019, 12:29:22 PM
When people ask for a recommendation, I tell them if they have cards that fit old company's requirements (10k minimum, 5+ years old, Barclays, Capital One, Citibank, Discover, Elan, PNC, US Bank, USAA, Bank of America, Chase), enroll there, if not (if cards are younger/lower limit), enroll with new company.

Still haven't found any other companies worth working with, and occasional sales with cards that are newer are worth it, but yeah, the volume isn't as good (or saturation is higher), unfortunately.

Go between those places where your cards fit, basically.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: charuhans on April 12, 2019, 02:24:06 PM
Citi closed two of my three cards which I have used for more than 2 years. Had a good run on both even though both had limits under $15K; probably made around $4,000. Always considered them throw-away (no rewards, low limit). The other one is still good, just added one AU on it last week. Easy come, easy go!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: therethere on April 12, 2019, 02:30:31 PM
Could someone give me a referral to the "new" company? I went with the >20k limit one for one card. Now I've got another lower limit card (10k) I want to add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 12, 2019, 02:40:47 PM
Could someone give me a referral to the "new" company? I went with the >20k limit one for one card. Now I've got another lower limit card (10k) I want to add.

PM'd.

Anyone else needing this, feel free to PM me (https://forum.mrmoneymustache.com/pm/?sa=send;u=25) to not clutter the thread with requests. :)

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 13, 2019, 04:00:23 AM
When people ask for a recommendation, I tell them if they have cards that fit old company's requirements (10k minimum, 5+ years old, Barclays, Capital One, Citibank, Discover, Elan, PNC, US Bank, USAA, Bank of America, Chase), enroll there, if not (if cards are younger/lower limit), enroll with new company.

Still haven't found any other companies worth working with, and occasional sales with cards that are newer are worth it, but yeah, the volume isn't as good (or saturation is higher), unfortunately.

Go between those places where your cards fit, basically.

My experience  with the old company was really good with the "younger cards." YMMV of course.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 13, 2019, 07:53:34 AM
My experience  with the old company was really good with the "younger cards." YMMV of course.

Sure, but they haven't accepted those except for a brief period a year ago.  If that changes, I'll post here. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 13, 2019, 07:25:11 PM
For a brief period, the old company was taking newer, lower limit cards for a shorter duration and $25 payout.  I'll make more money with these than any of my other cards.  I believe they aren't accepting any more of these.  I asked them about one of my cards that just aged to the 2 year point with a $24k limit and they told me they're now looking only for older cards (like 7 years) and high limits (like $35k).  I imagine that their customers vary, so what they want for cards vary.  When the new card offer was originally made, I jumped on it immediately.  A bunch of my cards fit that bill thanks to lots of churning in the last year.  At the time, I submitted every single card I had that qualified and they accepted several that weren't on their list.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 14, 2019, 05:41:41 AM
My experience  with the old company was really good with the "younger cards." YMMV of course.

Sure, but they haven't accepted those except for a brief period a year ago.  If that changes, I'll post here. :)

I was making a lot of sales the first couple months of this year. Most of those cards aged past 2+ years with exception of 1, which won't age past 2 years until June. And that one still fills up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 14, 2019, 07:56:19 AM
Sure. They're definitely still useful if enrolled. My point was it's not helpful for anyone right now, as they haven't accepted cards like that for a year. But I'll post if that changes. I'm glad it worked well for you. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: gwhunter on April 14, 2019, 07:34:52 PM
So I am curious on how you all are able to get your credit limits to a point to qualify for the 'old company'.  It seems every card I get the credit line is $9k.  When I call to get the limit raised I typically get a hard inquiry and the limit is only ever raised $100-$200.  (Chase and Discover are my 2 oldest cards, but my BoA and Citi did the same thing)

My credit score is pretty good, normally sitting around 780-800.  Mine and my spouses combined income is a touch higher than 100k.  I have never had a late payment.  The only thing I can think of is my student loan debt that is, between the both of us, around $90,000.  Is it really the case that my student loan debt is preventing me from getting the limits raised or am I missing out on something that is causing the lower limits? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 14, 2019, 08:03:46 PM
@gwhunter Have you applied for any 'premium' cards?  ie Visa Signature etc.  They have large CLs as a requirement.  So, if you're approved, you will get a larger limit.  Chase Sapphire cards for example.  Hope this helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: gwhunter on April 14, 2019, 08:24:27 PM
Thank for the advice.  I guess I never knew what a 'premium' card was as I never really needed any type of credit card.  I will look into it.  Thank you again for the heads up. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 15, 2019, 07:40:39 AM
Sure. They're definitely still useful if enrolled. My point was it's not helpful for anyone right now, as they haven't accepted cards like that for a year. But I'll post if that changes. I'm glad it worked well for you. :)

Hmm, I didn't realize they stopped taking those cards. The email I got from them seeking enrollment for these younger cards was back in December 2018 (about 4 months ago). I am sure they had a huge influx in that short time period. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 15, 2019, 07:57:37 AM
Sure. They're definitely still useful if enrolled. My point was it's not helpful for anyone right now, as they haven't accepted cards like that for a year. But I'll post if that changes. I'm glad it worked well for you. :)

Hmm, I didn't realize they stopped taking those cards. The email I got from them seeking enrollment for these younger cards was back in December 2018 (about 4 months ago). I am sure they had a huge influx in that short time period.

Ah, you're right, I'm mixing up timeframes. Last April was when they offered the signup bonus. Last fall was the shorter cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 15, 2019, 06:41:51 PM
So I am curious on how you all are able to get your credit limits to a point to qualify for the 'old company'.  It seems every card I get the credit line is $9k.  When I call to get the limit raised I typically get a hard inquiry and the limit is only ever raised $100-$200.  (Chase and Discover are my 2 oldest cards, but my BoA and Citi did the same thing)

My credit score is pretty good, normally sitting around 780-800.  Mine and my spouses combined income is a touch higher than 100k.  I have never had a late payment.  The only thing I can think of is my student loan debt that is, between the both of us, around $90,000.  Is it really the case that my student loan debt is preventing me from getting the limits raised or am I missing out on something that is causing the lower limits?

Example:  I called BoA because I had 4 cards with them.  What I did was canceled one of the branded cards and asked them to move that credit limit to another card.  Then I asked to move the limit on the remaining 2 cards over to it as well.  So now the one card (oldest one) has the e limit and the other 2 remaining are low.  So the high limit is now $24k.  I don't use it really and won't till it's in a tradeline program, but it's getting near old enough to submit.

I don't know what's limiting you.  Every card has their requirements.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on April 18, 2019, 04:13:37 PM
Just had my first issue with Barclays where the tradeline only reported to one bureau.  Anyone else have this happen?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on April 19, 2019, 10:53:06 AM
Things had been very quiet for me for a while, then I had three sales very close together with old company on a real (i.e. non $25) card. Tax time boost perhaps
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 20, 2019, 08:02:19 AM
Just had my first issue with Barclays where the tradeline only reported to one bureau.  Anyone else have this happen?

I don't know about one bureau....only know that Barclays is so easy to add/remove AUs.  I've never seen a Barclays AU not report and be paid for it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 20, 2019, 12:49:08 PM
Citi closed my card for selling tradelines. I have a few more Citi cards which I don't use for AUs and they are still open.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on April 21, 2019, 11:38:23 PM
I haven't gotten a spot on my card filled in almost 5 months now... has anyone else had this issue?
It had been barren since October but got 4 AU's in last month with new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on April 22, 2019, 12:18:54 PM
Am I the only one who invariably has to send at least 2 reminders every time I'm due payment from the new company?

Really kind of gets old.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 22, 2019, 12:21:47 PM
Am I the only one who invariably has to send at least 2 reminders every time I'm due payment from the new company?

Really kind of gets old.

Yeah, their slow payment (discussed many times before) is the main annoying thing about New Company.

I've found it doesn't make a difference emailing or not--you wait, and they pay, or you email a few times, and they pay at about the same time they would have otherwise. I stopped a long time ago, and still get paid on the same (late) schedule. *shrug*  YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on April 22, 2019, 01:16:21 PM
Hi Authorized Credit Card User Slot Sellers for Fun and Profit,

What is the guidance on the Max AUs for a Chase card? Sorry in advance as I know its somewhere in this mega thread already but I cant seem to find it.

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 22, 2019, 01:20:08 PM
Hi Authorized Credit Card User Slot Sellers for Fun and Profit,

Sorry in advance as I know its somewhere in this mega thread already, but what is the guidance on the Max AUs for a Chase card?

Thanks!

Chase is quite risky; I wouldn't go over two, personally.

(Their closures are rare, but when they do, they blackball you. So flying under their radar if you do use Chase is prudent.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FtWorthAtheist on April 22, 2019, 02:39:24 PM
I'm new to selling and just got a notice to remove my 2nd client from my Chase card.  Chase's website allowed me to add clients online, but according to the website, I have to call a live phone rep to remove.  Talking to a live person makes me nervous about them noticing all my authorized user activity.  Do all Chase cards require removals by phone??  I'm wondering how people manage to do this for years before getting their cards cancelled.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on April 22, 2019, 02:56:44 PM
I'm new to selling and just got a notice to remove my 2nd client from my Chase card.  Chase's website allowed me to add clients online, but according to the website, I have to call a live phone rep to remove.  Talking to a live person makes me nervous about them noticing all my authorized user activity.  Do all Chase cards require removals by phone??  I'm wondering how people manage to do this for years before getting their cards cancelled.

Yes, Chase requires removals by phone.  Its different bank by bank.  Barclays allows for AUs to be added and removed online, others required a phone call for add/remove. 

I don't think the CS reps care about add/remove AUs or can do anything about it if they wanted to.  From my experience the banks have fraud rules in place that scan cards and automatically close if a certain set of rules are broken.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on April 22, 2019, 09:10:46 PM
Hey FTworth,
For the past year I have always removed my Chase AU’s by using Chase’s Secure Messages.
Works like a charm. 
I just state “please remove authorized user John Doe from my card ending in 4012”
They reply back usually in 4-8 hours and let me know if is completed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on April 22, 2019, 09:20:26 PM
Good tip!  Citi used to allow adding w/ssn through secure message but it was nice for some reason.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 23, 2019, 06:45:54 AM
The risk with Chase is that if they close anything, they close everything.  All cards, any bank accounts, everything.  I had done well after adding a couple of my Chase cards, but since my oldest card (by like 8 years) is from Chase, I removed them from tradeline sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 23, 2019, 11:11:53 AM
Yup. I made $1,725 from my Chase cards from sales before they shut me down. They shut down all 5 of my cards... :(  Was it worth it? Yeah, I would say so - though I was hoping I could earn a bit more before they caught on to me. On a bright note, they did still credit 2100 Hyatt points to my account even after it was closed. I was not expecting to get them, so that was a small silver lining at least.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zap on April 27, 2019, 10:34:54 PM
FYI,

I received notification today that Bank of America was closing all my credit card accounts with them due to "Irregular authorized user activity on one or more of your accounts." I only ever sold tradelines on one of the cards, and it's been about a year since my last sale.

Easy come, easy go.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 28, 2019, 08:51:44 AM
Weird they did that.

I've had a card closed by B of A (and my wife had one as well at the same time), but they only closed that one card--we have other cards with them still (and still sell tradelines on them). We also have other bank accounts and stuff though--maybe that's why they didn't shut all ours down? It would be a pain if those were shut down.

Or maybe their policy changed (it's been a few years since they shut our cards down).

Thanks for the info!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on April 29, 2019, 05:02:58 AM
I only ever sold tradelines on one of the cards, and it's been about a year since my last sale.

I find it weird they did so after such a long break. At least mine had been fairly active.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zap on April 29, 2019, 11:46:31 AM



I find it weird they did so after such a long break. At least mine had been fairly active.

The old company emailed last year that they had some shutdowns on BoA so they were going to rest it for awhile. I had good sales on it, 18 years old and $20,000 limit.

The worst part is one of the other cards that was closed was used for gasoline and recurring payments and had $20 in unclaimed rewards on it. Gone. Heh. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 30, 2019, 11:50:15 AM
When I was shuffling around credit limits with BoA and talking with the CSR, I got the impression that some cards are BoA owned cards and others were just co-branded (like University of Cash kinda cards) and they could care less what you did with the co-branded ones.  Want to close down University.  Oh, that's cool and I can do that right now, Mr. Car Jack.  But try to touch an actual BoA card and "Oh, I'm so sorry to hear you want to close this.  Is there anything I can do to change your mind.....and I mean ANYTHING!?"  Holy cow.....I'm not Robert Kraft.....I'll just leave it open, ok.  "Oh, I'm sooooo happy to hear that.".

:lol:
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on May 02, 2019, 09:55:00 PM
Am I the only one who invariably has to send at least 2 reminders every time I'm due payment from the new company?

Really kind of gets old.
I've been paid on time every time with new and old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MVal on May 15, 2019, 01:26:41 PM
Even though discover canceled my account months (a year?) ago, they still send me free credit monitoring alerts, so I’ve got that going for me, which is nice

They canceled one of my cards too. Did you even attempt to re-open it? They closed mine without any explanation and I never called to dispute it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 16, 2019, 12:15:20 PM
Even though discover canceled my account months (a year?) ago, they still send me free credit monitoring alerts, so I’ve got that going for me, which is nice

They canceled one of my cards too. Did you even attempt to re-open it? They closed mine without any explanation and I never called to dispute it.

No they gave a vague explanation which maybe I’ll sue them if I get bored with the retired life.  Some other guy in the thread mentioned some decent settlements
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 16, 2019, 03:14:00 PM
Barclays is really taking care of me.  After maxing out AU's a few months ago on my first card, I put it in the sock drawer.  They increased my limit.  LOL
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ThatGuy on May 16, 2019, 07:56:20 PM
Barclays is really taking care of me.  After maxing out AU's a few months ago on my first card, I put it in the sock drawer.  They increased my limit.  LOL

They increased your credit limit or the limit of AU's?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 16, 2019, 07:59:46 PM
Anyone else have sales stop with the new company?  I've had one $50 sale in the last 8 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 16, 2019, 09:23:23 PM
Anyone else have sales stop with the new company?  I've had one $50 sale in the last 8 months.
I had one or two sales last year, none this year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 17, 2019, 05:44:12 AM
Barclays is really taking care of me.  After maxing out AU's a few months ago on my first card, I put it in the sock drawer.  They increased my limit.  LOL

They increased your credit limit or the limit of AU's?

Credit limit.  I wish it were AU limit...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on May 17, 2019, 08:09:18 AM
Anyone else have sales stop with the new company?  I've had one $50 sale in the last 8 months.

I had one sale in January and one in February.  None since, and have not been paid for either of those sales despite emailing Cliff almost a month ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 17, 2019, 11:21:48 AM
Yea I'm thinking I should pull my cards and switch to the old company instead.  Are sales more steady with them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 17, 2019, 01:26:29 PM
Does anyone use Banco Popular cards for tradelines? I have an Avianca card which I can potentially downgrade, not sure if tradeline companies accept these cards.

Sent from my Pixel 3 using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate on May 17, 2019, 01:48:33 PM
Yea I'm thinking I should pull my cards and switch to the old company instead.  Are sales more steady with them?

I've had a regular stream of sales from the old company ever since I enrolled a while back.  And payments are 100% on time and completely transparent. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dt3 on May 19, 2019, 08:45:31 AM
Hi

I keep seeing tradeline companies being refereed to as new and old company. Curious if someone can lmk who these companies are I'm interested in purchasing tradelines but most of my search efforts have left me uncomfortable.

Thx
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 19, 2019, 11:09:23 AM
Hi

I keep seeing tradeline companies being refereed to as new and old company. Curious if someone can lmk who these companies are I'm interested in purchasing tradelines but most of my search efforts have left me uncomfortable.

Thx

PM sent, cc'ed @arebelspy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FtWorthAtheist on June 01, 2019, 12:25:17 AM
I have a question about Chase and it's tendency to close all your accounts...
My partner has given me access to his personal account.  I think that means I'm a signer on it, not that I co-own it.  If they shutdown my Chase bank account and credit card, I wouldn't cry, but it would be really problematic for my partner if they closed his personal account because he also has his business account with them.  Its much easier for him if his accounts are in the same place, and moving his business account would be a PITA since he gets electronic payments from many sources who would all have to be updated separately.  I don't need to worry about them closing his personal account because of my activity, do I??
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 01, 2019, 07:28:46 AM
The more they share the more likely it is. E.g. if your name is there, the address the same, etc.  I don't like to risk it with Chase.

Can you just remove your name from his account? Do you need that access?

Chase seems to have more rare closures, but worse consequences when they do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: meatgrinder on June 03, 2019, 11:52:53 AM
I "think" it would be a real stretch for Chase to close your partner's account.  It would be similar to one of the AUs you've added to your Chase card selling tradelines on their own Chase card, getting blacklisted and then blacklisting you as well since they were an AU on your card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on June 04, 2019, 10:42:29 AM
I agree it's a stretch,  but the way Chase systematically goes nuclear when they catch on... I wouldn't personally risk it if it's a concern.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 04, 2019, 02:03:38 PM
For some reason I tried add an authorized user on my PNC card, and when I enter the social security number it keeps saying, "Enter a valid SSN"

I did add the number correctly.  Contacted the old company and they said to just not do the add, and that PNC will do that sometimes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on June 08, 2019, 01:37:50 PM
Just realized two of my oldest BoA cards with the new company appear to be closed with no explanation. Also I applied for a third boa card, was approved but upon activation they told me via automated system the card was closed. I called in but the CSR had no clue what was going on and the department that left info in my account isn't open until Monday. No clue what is going on but the CSR did say the department is not the fraud department so who knows. Anyone have any advice?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jamaicaspanish on June 08, 2019, 03:22:02 PM
I just received a settlement  from Discover card.

They had shut down my twenty-year-old plus card with the generic ¨We can no longer meet your service needs¨ letter.


I worked with a lawyer I found through MMM. He was fantastic throughout the process.
Feel free to PM me for his contact info.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 08, 2019, 06:37:18 PM
I just received a settlement  from Discover card.

What/how much was the settlement? How long did it take?

It was with @PointsLawyer , I presume?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jamaicaspanish on June 08, 2019, 06:46:50 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
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 08, 2019, 06:49:50 PM
Neat. Thanks for updating/informing us!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on June 08, 2019, 07:26:09 PM
As a data point for the future. BoA closed 3 cards for me. 2 of them were quite old like 4+ years.  Their letter included discussion of irregular AU activity.

Additionally, they closed a card that they originally approved me for. I applied to the account on say june 1 and was approved, but by june 3rd they had closed it (before the card was even mailed to my address).

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 08, 2019, 07:33:08 PM
Their letter included discussion of irregular AU activity.

My understanding from PointsLawyer is that if this is what they send you, there's no case. If they send you nonsense/generic letter without telling you the reason, then he can pursue a settlement. Likely he will chime in soon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on June 08, 2019, 07:34:06 PM
Their letter included discussion of irregular AU activity.

My understanding from PointsLawyer is that if this is what they send you, there's no case. If they send you nonsense/generic letter without telling you the reason, then he can pursue a settlement. Likely he will chime in soon.

Bummer. Frustrating that one of the 3 cards had no AU sales on account of i did not even have a chance to activate the product yet.

Also does anyone have any hypothesis about what this will do to my credit? I am most worried about the card I was approved for and then Boa immmediately closed because i did not even have time to activate it. Will this nuke my average age?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 10, 2019, 07:57:23 AM
I didn't know you could sue banks for closing your cards. Does it only work with discover or with other banks too? Citi and bofa closed my cards.

Another question: that was a private settlement, correct? Is there a public record anywhere stating your name, discover as a defendant, the details of the case?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 10, 2019, 09:08:46 AM
I didn't know you could sue banks for closing your cards. Does it only work with discover or with other banks too? Citi and bofa closed my cards.

Another question: that was a private settlement, correct? Is there a public record anywhere stating your name, discover as a defendant, the details of the case?

It's a federal law so it would work with any US issuer.

You can only sue them if they violate the law.  Closing your cards doesn't violate the law.  Roughly speaking, closing your cards (or taking any other adverse action, such as lowering your credit limit) without explaining why violates the law.  @PointsLawyer can probably give a better, more precise, explanation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on June 10, 2019, 12:08:32 PM
Their letter included discussion of irregular AU activity.

My understanding from PointsLawyer is that if this is what they send you, there's no case. If they send you nonsense/generic letter without telling you the reason, then he can pursue a settlement. Likely he will chime in soon.

Careful. You're going to put me out of business dishing out legal info!

But, yeah, I think a clear, simple explanation like that fulfills the Bank's obligations under the ECOA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on June 10, 2019, 12:10:30 PM
I didn't know you could sue banks for closing your cards. Does it only work with discover or with other banks too? Citi and bofa closed my cards.

Another question: that was a private settlement, correct? Is there a public record anywhere stating your name, discover as a defendant, the details of the case?

It's a federal law so it would work with any US issuer.

You can only sue them if they violate the law.  Closing your cards doesn't violate the law.  Roughly speaking, closing your cards (or taking any other adverse action, such as lowering your credit limit) without explaining why violates the law.  @PointsLawyer can probably give a better, more precise, explanation.

Nailed it. I have experience bringing claims against most major banks. Happy to give more precise explanations in a more appropriate forum. Here, I'm just trying to share some generalized legal knowledge.

Not legal advice. Informational purposes only. Not trying to solicit clients.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 12, 2019, 11:29:56 AM
I'm still waiting for my settlement.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on June 16, 2019, 05:38:27 PM
I didn't know you could sue banks for closing your cards. Does it only work with discover or with other banks too? Citi and bofa closed my cards.

Another question: that was a private settlement, correct? Is there a public record anywhere stating your name, discover as a defendant, the details of the case?

It's a federal law so it would work with any US issuer.

You can only sue them if they violate the law.  Closing your cards doesn't violate the law.  Roughly speaking, closing your cards (or taking any other adverse action, such as lowering your credit limit) without explaining why violates the law.  @PointsLawyer can probably give a better, more precise, explanation.

Nailed it. I have experience bringing claims against most major banks. Happy to give more precise explanations in a more appropriate forum. Here, I'm just trying to share some generalized legal knowledge.

Not legal advice. Informational purposes only. Not trying to solicit clients.

So if they send you a letter decreasing your limit because you don't use your card as much as they think you should with your limit, that's good enough?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 16, 2019, 06:13:20 PM
I didn't know you could sue banks for closing your cards. Does it only work with discover or with other banks too? Citi and bofa closed my cards.

Another question: that was a private settlement, correct? Is there a public record anywhere stating your name, discover as a defendant, the details of the case?

It's a federal law so it would work with any US issuer.

You can only sue them if they violate the law.  Closing your cards doesn't violate the law.  Roughly speaking, closing your cards (or taking any other adverse action, such as lowering your credit limit) without explaining why violates the law.  @PointsLawyer can probably give a better, more precise, explanation.

Nailed it. I have experience bringing claims against most major banks. Happy to give more precise explanations in a more appropriate forum. Here, I'm just trying to share some generalized legal knowledge.

Not legal advice. Informational purposes only. Not trying to solicit clients.

So if they send you a letter decreasing your limit because you don't use your card as much as they think you should with your limit, that's good enough?

I'm not @PointsLawyer, but for the purposes of the law that is being referenced, as long as they give you a reason for an adverse action, then they're complying with the law, yes.  Of course, there are lots of other laws regarding credit that they have to comply with.  For example, they can't decrease your limit because of your race or gender.

As a practical matter, they won't decrease your limit if you don't use the card very much.  They will close it if you don't use it for a "long" time, where long is usually at least a year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on June 18, 2019, 01:03:01 PM
I didn't know you could sue banks for closing your cards. Does it only work with discover or with other banks too? Citi and bofa closed my cards.

Another question: that was a private settlement, correct? Is there a public record anywhere stating your name, discover as a defendant, the details of the case?

It's a federal law so it would work with any US issuer.

You can only sue them if they violate the law.  Closing your cards doesn't violate the law.  Roughly speaking, closing your cards (or taking any other adverse action, such as lowering your credit limit) without explaining why violates the law.  @PointsLawyer can probably give a better, more precise, explanation.

Nailed it. I have experience bringing claims against most major banks. Happy to give more precise explanations in a more appropriate forum. Here, I'm just trying to share some generalized legal knowledge.

Not legal advice. Informational purposes only. Not trying to solicit clients.

So if they send you a letter decreasing your limit because you don't use your card as much as they think you should with your limit, that's good enough?

I'm not @PointsLawyer, but for the purposes of the law that is being referenced, as long as they give you a reason for an adverse action, then they're complying with the law, yes.  Of course, there are lots of other laws regarding credit that they have to comply with.  For example, they can't decrease your limit because of your race or gender.

As a practical matter, they won't decrease your limit if you don't use the card very much.  They will close it if you don't use it for a "long" time, where long is usually at least a year.

There was a recent thread where AmEx decreased limits on a ton of people. Apparently someone called in and had the original limit reinstated though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: maginvizIZ on June 18, 2019, 01:44:26 PM
After 1 year of having 3 credit cards listed... I have sold 2 tradelines! :) $250.... Gonna look into how to add these AUs now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on June 18, 2019, 08:57:04 PM
I didn't know you could sue banks for closing your cards. Does it only work with discover or with other banks too? Citi and bofa closed my cards.

Another question: that was a private settlement, correct? Is there a public record anywhere stating your name, discover as a defendant, the details of the case?

It's a federal law so it would work with any US issuer.

You can only sue them if they violate the law.  Closing your cards doesn't violate the law.  Roughly speaking, closing your cards (or taking any other adverse action, such as lowering your credit limit) without explaining why violates the law.  @PointsLawyer can probably give a better, more precise, explanation.

Nailed it. I have experience bringing claims against most major banks. Happy to give more precise explanations in a more appropriate forum. Here, I'm just trying to share some generalized legal knowledge.

Not legal advice. Informational purposes only. Not trying to solicit clients.

So if they send you a letter decreasing your limit because you don't use your card as much as they think you should with your limit, that's good enough?

I'm not @PointsLawyer, but for the purposes of the law that is being referenced, as long as they give you a reason for an adverse action, then they're complying with the law, yes.  Of course, there are lots of other laws regarding credit that they have to comply with.  For example, they can't decrease your limit because of your race or gender.

As a practical matter, they won't decrease your limit if you don't use the card very much.  They will close it if you don't use it for a "long" time, where long is usually at least a year.

There was a recent thread where AmEx decreased limits on a ton of people. Apparently someone called in and had the original limit reinstated though.

I just got a letter from my Home Depot Citi card, stating that if I don't use it for a purchase before August, that my credit limit will go down. My credit limit had already gone down for that card (8000-5000- now 2500 unless I use it). I probably missed a similar letter a year ago (they usually go to recycling without being opened).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on June 19, 2019, 10:28:36 PM
I was looking into getting a Barclays card but noticed on their website that they have many off brand cards like Barnes & Noble and AAdvantage Aviator.  For the purpose of trade lines are these considered Barclay cards?

Thanks in advance
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 19, 2019, 10:33:47 PM
I was looking into getting a Barclays card but noticed on their website that they have many off brand cards like Barnes & Noble and AAdvantage Aviator.  For the purpose of trade lines are these considered Barclay cards?

Thanks in advance
Yes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on June 26, 2019, 03:53:45 PM
Okay, I'm going to admit up front that I haven't read all 70 pgs. of the thread.  Just the first 3 or so pgs. to get a basic understanding, and then the most recent 3-4 pgs. to see if there were updates as to how active sales have been lately, etc.

I have a Discover card with a $6k limit that's 2 yrs. old. I'm a little confused b/c I see the most recent pages have a few people claiming to have quite a few sales of the cards paying $25 or $50 per sale.  But the charts don't indicate that the New Recommended Company accets/sells any in that range.  So does that mean that those mustachians who are making those sales were already registered with the Old Recommended Company long ago, and therefore newcomers like me need higher limit cards to register with the Old Company?  And that I couldn't register it with the New Company b/c their minimum is $10k?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nightzephyr on June 26, 2019, 04:09:13 PM
Part of what you missed in the middle pages was a time when the Old Company (iirc) was taking younger cards. That time has passed - when I signed up several months ago, I was sent information indicating their normal requirements are $10K limit and 2+ years old (or at least that's the minimums they had listed on the pay schedule). One of their agents also told me that their enrollment was mostly closed at that time, but they would still take cards that were at least $20K and 6 years old - I managed to get in with one that had a lower limit, but met the age requirement.

I'll leave commenting on the New Company to someone who has actually worked with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on June 27, 2019, 12:54:31 AM
Thanks Nightzephyr.

Anyone who knows if the $25 and $50 payments that are mentioned as being frequent sales by a few recent posters are just relics that were registered long ago, or if they are accepted by New Company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 27, 2019, 01:54:42 AM
Thanks Nightzephyr.

Anyone who knows if the $25 and $50 payments that are mentioned as being frequent sales by a few recent posters are just relics that were registered long ago, or if they are accepted by New Company?

I have a document from New Company dated 9/24/18 that has those rates for lower tier cards (low limits, low age).  It does seem that the companies throttle payment rates periodically based on supply and demand, so they may still be accepting cards at that level or they may not.  Maybe @arebelspy knows, or you could just ask New Company directly.  Feel free to PM me or @arebelspy for the contact info if you don't have it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 27, 2019, 07:51:09 AM
The recommendation I always give is just email both companies with your list of cards (including issuer/age/limit) and see what they will/won't take.

It fluctuates, so never hurts to ask. When they do have enrollment drives to take lower limit/younger cards, they tend to email or I post here, but otherwise the easiest thing to be sure is just send a quick email.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 27, 2019, 08:02:56 AM
The new/low limit offer was by the old company about a year ago or so.  I threw them everything I had, and 4 cards stuck.  These are $25 payout, 2 month slots.  I fill each card each cycle.  They have, by far been the best paying cards for me because they're so consistent.  Of course, that offer is long gone.

I have some sales with the new company but had to jump through flaming hoops to get them.  I asked to drop a class in payment and they came back to tell me that I'd have to synchronize all of the closing dates on all my cards.  I did.  Of course, that took a couple months.  For June, I got 2 sales.......first sales in a year.

Both companies change their requirements all the time.  Last time I checked with the old company for another of my cards, they were only looking for very old, very high limit cards.  I'm sure it depends on what demand is and they're just reacting to that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LovinPSDs on June 27, 2019, 08:47:43 AM
I've got an 8 yr old Chase card with 14K limit (could probably get this bumped pretty easy).  I know Chase is iffy, but in reality I don't particularly care if something were to happen.  Do you think it's worth me throwing this up there? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on June 27, 2019, 02:54:13 PM
At the risk of asking a dumb question, can I try to enroll with all my supported cards in both the Old and New Companies at the same time (in order to increase chances of obtaining sales), or would that not work?  I realize that you'd have to be careful about exceeding AU limits in the case of sales on the same card by both companies.  But it seems like some people/cards are not reaching the cardholder's desired goals in terms of frequency of sales, so I'm wondering about enrolling with both companies at once.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 27, 2019, 03:01:21 PM
At the risk of asking a dumb question, can I try to enroll with all my supported cards in both the Old and New Companies at the same time (in order to increase chances of obtaining sales), or would that not work?  I realize that you'd have to be careful about exceeding AU limits in the case of sales on the same card by both companies.  But it seems like some people/cards are not reaching the cardholder's desired goals in terms of frequency of sales, so I'm wondering about enrolling with both companies at once.

The problem with that strategy is you don't have any idea when orders will come in. By the time you get the email to add your new AU, the AU company has already completed the sale. If you decline, it puts them in a bad spot and they won't deal with you again.

It's possible you could put company B on hold when you get an order from company A, but then you're constantly holding and unholding your cards and that sounds like more trouble than it's worth.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on June 27, 2019, 03:53:31 PM
I've got an 8 yr old Chase card with 14K limit (could probably get this bumped pretty easy).  I know Chase is iffy, but in reality I don't particularly care if something were to happen.  Do you think it's worth me throwing this up there?
If you have no other Chase accounts to lose I suppose. I'm not sure if anyone has stated whether you are also blacklisted from future applications. That would suck if you play the rewards game.

At the risk of asking a dumb question, can I try to enroll with all my supported cards in both the Old and New Companies at the same time (in order to increase chances of obtaining sales), or would that not work?  I realize that you'd have to be careful about exceeding AU limits in the case of sales on the same card by both companies.  But it seems like some people/cards are not reaching the cardholder's desired goals in terms of frequency of sales, so I'm wondering about enrolling with both companies at once.
While it could be possible in theory to allow each company to sell only 1 slot (for a max of 2 at any one time), at least the contract you agree to with the new company specifies that you will only deal with them. I did suspend my cards with the new company while I transitioned elsewhere so there was the potential of overlap.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 28, 2019, 04:50:29 PM
I received a weird text from an 860 area code number :

" An Official Notice From
The FTC to ALL GTP
Customers
Restraining Order from FTC:
http://sh-url.net/ftcdoc
Support Team
GrandTetonProfessionals.com  "

Of course I didn't click on the link.
But I did an Internet search, and there is an FTC complaint against Grand Tetons for among other things trying to boost credit scores of clients through the use of tradelines.
 
The FTC document is here:
https://www.ftc.gov/system/files/documents/cases/182_3168_grand_teton_complaint_6-21-19.pdf

On page 15 of this document you can read the beginning of this complaint.

I have no idea who Grand Teton Professionals are, and I'm not a customer. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrontRanger on June 28, 2019, 04:53:07 PM
Anybody sell cards with Credit Card Cash Flow (aka Grand Teton Professionals)? I have and they just got hammered with a restraining order from the FTC. Ouch. Questioning this entire industry.

https://www.ftc.gov/enforcement/cases-proceedings/182-3168/grand-teton-professionals-llc
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 28, 2019, 05:05:13 PM
Credit Card Cash Flow (aka Grand Teton Professionals)

I have not. @DavidAnnArbor  Have you? I wonder why/how they had your number.

The press release:
https://www.ftc.gov/news-events/press-releases/2019/06/ftc-stops-operators-fake-credit-repair-scheme

Quote
At the Federal Trade Commission’s request, a federal court has temporarily halted and frozen the assets of Grand Teton Professionals, an alleged credit repair scheme that charged illegal upfront fees and falsely claimed to repair consumers’ credit. The company and other defendants are charged with violating the FTC Act and several provisions of the Credit Repair Organizations Act, the Telemarketing Sales Rule, the Consumer Review Fairness Act, the Truth in Lending Act, and the Electronic Funds Transfer Act.
...
The FTC charges that the defendants, using such trade names as Deletion Experts, Inquiry Busters, and Top Tradelines, used deceptive websites, unsolicited emails, and text messages to target consumers with false promises of substantially improving consumers’ credit scores by claiming to remove all negative items and hard inquiries from consumers’ credit reports. The defendants also falsely claimed to substantially improve consumers’ credit scores by promising to add consumers as “authorized users” to other individuals’ credit accounts, a practice known as adding “tradelines” or “piggybacking” credit. In most instances, however, the defendants were not able to substantially improve consumers’ credit scores.

The complaint also alleges that the defendants charged illegal upfront fees and failed to provide consumers with required disclosures about their credit repair services. The defendants also advised consumers to mislead credit bureaus by filing false identity theft affidavits and to mislead lenders by claiming to be authorized users on other individuals’ credit accounts, according to the FTC.

I am not a lawyer, but it sounds like the bulk of the complaint is about the misleading claims they made (and the upfront fees charged).

From the quoted portion above, it says that the company encouraged clients "to mislead lenders by claiming to be authorized users on other individuals’ credit accounts." Were they encouraging them to merely claim to be authorized users, or were they actually authorized users. If it said "to mislead lenders by temporarily becoming authorized users on other individuals’ credit accounts" I'd be more worried. Though that likely is the case, if they were doing tradelines to try and boost the score.

I am curious how the two tradeline companies I use specifically stay in line with "the FTC Act and several provisions of the Credit Repair Organizations Act, the Telemarketing Sales Rule, the Consumer Review Fairness Act, the Truth in Lending Act, and the Electronic Funds Transfer Act."

I am reaching out to both Tradeline companies I use for a comment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on June 28, 2019, 05:40:43 PM
No I never worked with that company before.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 28, 2019, 09:02:48 PM
Joe, not sure about everything "our" companies do, but I've had a couple times where an AU has not posted for whatever reason and I'll get a message from the company that because it didn't post, they would be refunding the customer.  Seems very honest and up front to me. 

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 28, 2019, 11:08:22 PM
I emailed with the owner of New Company and spoke on the phone with the owner of Old Company for about an hour this evening. Both of them feel comfortable with how they do business to comply with all of the federal credit protection laws. This FTC action seems to be more of an incitement on how this credit repair company was offering specific promises and not delivering based on their deceptive practices.

Neither of the tradeline companies recommended are credit repair companies, nor do they promise or guarantee that a person's credit will go up, or how much. Old company sent me a copy of their agreement with authorized users which notes in the caveats, representations, and warranties section that they "do not and cannot guarantee any specific result or specific increase in credit score."

They do offer a refund if a tradeline doesn't post, as Car Jack mentioned, but they don't offer any promises about what that line will do for one's credit score. The owner of old company indicated they as a company had no complaints that he was aware of with the FTC, BBB, CFPB, etc.

The above company in question clearly did--they were scamming people out of millions by promising things and not delivering, and those people complained, with good reason. That doesn't appear to be the case with either of the TL companies I've used, and that's good.

And, of course, even in the above case where the credit repair company was (allegedly) fraudulently misrepresenting themselves, it doesn't appear that any cardholder of their tradelines were caught up in any sort of issue with it (other than perhaps they didn't get paid when the company's assets got frozen).

I do note that there are other TL companies I've looked into who didn't meet my criteria for one reason or another, but do various "credit repair" besides tradeline sales, which might open them up to some of these type of issues, so it's good to be wary of that.

The FTC in this case is protecting consumers from the scam this company was doing. If they wanted tradeline sales to be illegal, or removed from practice, they could do so (and again, the last time it came up before congress during the FICO 08 thing, the FTC was on the side of forcing the credit bureaus to keep the practice of authorized users allowing credit score improvements).  If I was worried about the legality, I wouldn't participate personally.

So overall, I am not concerned or plan to change my behavior regarding tradeline sales. As always, do your own due diligence, consult whatever legal advisors you feel appropriate (I am not a lawyer, just sharing my uneducated opinion and personal plans), etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: UyEfQkt on July 01, 2019, 05:43:07 PM
I've had 3 credit cards from 2 companies shut down in the past month. US Bank closed my account (and REI branded card). Then a couple weeks later Capital One "restricted" my 2 cards with them, only one of which I was selling tradelines on.

Such is life with the US Bank card. But with Capital One they are restricting my brand new Venture card that still has 56,000 points on it from my sign up bonus. They say to remove the restriction I need to provide them with copies of the driver's license and SS card of every AU I ever added. I'm assuming this is not possible but asked the old company anyway; haven't heard back.

I'm also guessing there isn't anything I can do about this so the accounts will get closed.

I only had two other eligible cards; a Chase and a Citi card. I've stopped new sales on them for now. I may continue with Citi but I have several cards and checking with Chase so don't want to those to get shut down.

If I continue this in the future I will make sure to collect all bonuses and rewards as quickly as possible so they don't get lost if/when my accounts get closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on July 01, 2019, 08:14:33 PM
I had an REI card closed over a year ago. It was a nice one with a 20K limit. The folks at US Bank said I'd lose my dividend, but when I saw the dividend notice when it came out, all the points were still there on it. So that was good news.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 01, 2019, 08:23:53 PM
I've had 3 credit cards from 2 companies shut down in the past month. US Bank closed my account (and REI branded card). Then a couple weeks later Capital One "restricted" my 2 cards with them, only one of which I was selling tradelines on.

Such is life with the US Bank card. But with Capital One they are restricting my brand new Venture card that still has 56,000 points on it from my sign up bonus. They say to remove the restriction I need to provide them with copies of the driver's license and SS card of every AU I ever added. I'm assuming this is not possible but asked the old company anyway; haven't heard back.

I'm also guessing there isn't anything I can do about this so the accounts will get closed.

I only had two other eligible cards; a Chase and a Citi card. I've stopped new sales on them for now. I may continue with Citi but I have several cards and checking with Chase so don't want to those to get shut down.

If I continue this in the future I will make sure to collect all bonuses and rewards as quickly as possible so they don't get lost if/when my accounts get closed.

In my experience, if Citi closes your card for selling TL's, they will just close that one card, not other cards or bank accounts. They may also ban you from getting new citi cards. This could be for life according to some comments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on July 02, 2019, 05:02:49 AM
I've had 3 credit cards from 2 companies shut down in the past month. US Bank closed my account (and REI branded card). Then a couple weeks later Capital One "restricted" my 2 cards with them, only one of which I was selling tradelines on.

How many TLs had you sold or currently have on each?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: UyEfQkt on July 02, 2019, 03:34:20 PM
I just started doing this last April. So all of these have been over about a year or so.

I sold 9 TL on my Capital One card plus I added my brother so 10 AU. For the REI branded US Bank card I had 12 AU. These were all with the old company. Had at most 2 at once and left them on for 2 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on July 02, 2019, 08:40:40 PM
I sold 9 TL on my Capital One card plus I added my brother so 10 AU. For the REI branded US Bank card I had 12 AU. These were all with the old company. Had at most 2 at once and left them on for 2 months.
Just added the 12th to my USB last week.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Monoposto on July 05, 2019, 07:50:28 PM
Sorry if I have missed this question but I didnt want to dif through tons of pages to come up with no answer.  Is there a limit for the new company on how old the card can be?  For instance I just signed up with discover and Citi cash back cards but obviously dont have the 2 year age limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 06, 2019, 11:52:51 AM
Sorry if I have missed this question but I didnt want to dif through tons of pages to come up with no answer.  Is there a limit for the new company on how old the card can be?  For instance I just signed up with discover and Citi cash back cards but obviously dont have the 2 year age limit.

There is a minimum age limit for a card.  These limits change from time to time.  Ask them.  Last I checked, all cards have to be at least 2 years old and with some credit limit (forget what it is....maybe $10k).  They may have increased both age and limit, though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gogore on July 08, 2019, 09:46:17 AM
Hey, I'm new here, but have been selling tradelines for about a year.   Can someone tell me who the new and old company is referenced in this forum?  I'm looking to find the highest payers. Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 08, 2019, 09:51:32 AM
Hey, I'm new here, but have been selling tradelines for about a year.   Can someone tell me who the new and old company is referenced in this forum?  I'm looking to find the highest payers. Thanks!

Sent you a PM.

Anyone wanting a referral, or to ask questions, just PM me. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FtWorthAtheist on July 13, 2019, 04:19:51 PM

I'm looking for recommendations for a new credit card that offers good/frequent balance transfer deals but can eventually be used for selling tradelines after the account ages.  Although I can find info on which cards offer initial balance transfer deals at opening, its hard to know after the initial period whether the card will regularly offer 0% balance transfers with a low fee and decent length.  So far my Discover is my best balance transfer card, but they're also my highest credit limit so I'd rather move my balances elsewhere and use it for tradeline income instead.  I already have cards from BofA, Chase, Amazon/Chase, Discover, Citi, Sears/Citi, CapOne, and Amex. 

In the several months since I've been selling tradelines on just two cards, I've been paying down debt almost twice as fast.  I'm really thankful for the information I've gotten from this forum, as it's making a huge difference to my financial situation, in spite of my being challenged by a lackluster income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 15, 2019, 10:33:29 AM

I'm looking for recommendations for a new credit card that offers good/frequent balance transfer deals but can eventually be used for selling tradelines after the account ages.  Although I can find info on which cards offer initial balance transfer deals at opening, its hard to know after the initial period whether the card will regularly offer 0% balance transfers with a low fee and decent length.  So far my Discover is my best balance transfer card, but they're also my highest credit limit so I'd rather move my balances elsewhere and use it for tradeline income instead.  I already have cards from BofA, Chase, Amazon/Chase, Discover, Citi, Sears/Citi, CapOne, and Amex. 

In the several months since I've been selling tradelines on just two cards, I've been paying down debt almost twice as fast.  I'm really thankful for the information I've gotten from this forum, as it's making a huge difference to my financial situation, in spite of my being challenged by a lackluster income.

I've found that Barclay frequently offers 0% offers on several of my cards - I just cashed in on a 0% offer for 14 months on my Miles n More card with a 1% transfer fee. Barclay is also the gold standard for tradelines as you can add up to 6 AU at a time and they have zero track record of shutting down cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 15, 2019, 12:20:03 PM
Barclay is also the gold standard for tradelines as you can add up to 6 AU at a time and they have zero track record of shutting down cards.

Perhaps technically true, although I have had my Barclays CC account security frozen twice now.  The first time was due to a suspicious AU.  The second time is now and I haven't called yet to find out why.  I did just add a third AU to one of my two Barclays cards a few days ago, so I'm thinking that may be it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 15, 2019, 03:01:09 PM
FWIW, I only do 2 AU's per card with Barclays.  Never had an issue.

Pigs get fed, hogs get slaughtered :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 15, 2019, 09:30:26 PM
FWIW, I only do 2 AU's per card with Barclays.  Never had an issue.

Pigs get fed, hogs get slaughtered :)

Thanks.

I always go with the company's recommendations.  They recommended 5 slots with Barclays.  (This particular card is with Old Company.)

Agree with you on pigs/hogs.  Trying to be a pig.  :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 18, 2019, 07:07:25 AM
FWIW, I only do 2 AU's per card with Barclays.  Never had an issue.

Pigs get fed, hogs get slaughtered :)

Thanks.

I always go with the company's recommendations.  They recommended 5 slots with Barclays.  (This particular card is with Old Company.)

Agree with you on pigs/hogs.  Trying to be a pig.  :-)

Interesting.....  I have one Barclays card with the old company and it's shown as 2 slots.  Mine is a "new/low limit" card from their program last year for $25 and 2 months.  They fill 2 slots every cycle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 18, 2019, 07:32:28 AM
Yesterday a member posted a thread soliciting cardholders for their new tradeline company.

I messaged a bit with them, and would absolutely avoid, for a number of reasons (in order of importance):
1) They don't verify AUs in any way, they just collect their information (driver's license/ss card)
2) Their data information security practices are nonexistent (they host cardholder data in the cloud--google docs.. yikes)
3) The CPN issue is in question (he told me they don't accept, their website indicates otherwise)
4) No privacy policy. The bottom of their website says "Copyright of [Company] @ 2019 | Privacy | Policy" but privacy and policy don't link to anything. That line looks just cut and paste from somewhere.
5) Many misspellings, broken English, nonfunctional UI, etc. on their website, just indicates poor quality. At the very least needs a copy editor.

I recommended some changes, and told him to contact me in six months and hopefully the company will be in a better place with all of that.

Just wanting to post an update for those who saw it and were wondering. As I told someone in a PM, my position is that in the end the most paramount thing is protecting the community here; besides liking all of you guys, I'd hate to have the forum get a bad reputation or articles written about some scam on MrMoneyMustache because of something like that.

If you are interested in using them anyways, no worries.  PM me and I'll send you their website link. I just don't feel comfortable with them openly soliciting users here, but I'm happy to share their info if someone wants it.  :)

PM me with any questions/concerns. Cheers!

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 18, 2019, 07:38:59 AM
I am pretty happy with the companies you have recommended. This year has been my best year so far selling Tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on July 18, 2019, 01:26:01 PM
Thanks as always for having our backs, ARS! I don’t think it was malicious, but carelessness and/or not covering all bases can be disastrous, so thanks for checking it out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 18, 2019, 04:30:43 PM
FWIW, I only do 2 AU's per card with Barclays.  Never had an issue.

Pigs get fed, hogs get slaughtered :)

Thanks.

I always go with the company's recommendations.  They recommended 5 slots with Barclays.  (This particular card is with Old Company.)

Agree with you on pigs/hogs.  Trying to be a pig.  :-)

Interesting.....  I have one Barclays card with the old company and it's shown as 2 slots.  Mine is a "new/low limit" card from their program last year for $25 and 2 months.  They fill 2 slots every cycle.

Mine is a larger limit and an older line.  I just messaged Old Company and reduced the number of slots to 2.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalSaver on July 18, 2019, 10:22:41 PM
If I had a card get cancelled for fraud (mine), do I need to do anything with the tradeline company for the new card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 18, 2019, 10:24:07 PM
If I had a card get cancelled for fraud (mine), do I need to do anything with the tradeline company for the new card?
No, it should keep the same limits, history, etc., you'll just be reissued a new card. You'll still add AUs the same way, shouldn't affect anything with tradeline sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sw1tch on July 18, 2019, 11:38:27 PM
Is there a way to recover information in the portal for the "new company"?  I accidentally closed my task before I fully added the user to my card.  I need to input their address.  I suppose I'll have to wait until tomorrow to get a response back from the company but wondering if there was any other way.

Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 19, 2019, 12:09:44 AM
Is there a way to recover information in the portal for the "new company"?  I accidentally closed my task before I fully added the user to my card.  I need to input their address.  I suppose I'll have to wait until tomorrow to get a response back from the company but wondering if there was any other way.

Thanks.

Nope.  Just email them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on July 19, 2019, 08:29:14 AM
I’m with Old Company and I’ve been getting $75.00 per slot on a card that is 3 years old with an $11K limit - is that right? I thought it was supposed to be $125 per, but they told me it was $75.

Looking for clarification or if I’m just reading the chart wrong?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on July 19, 2019, 08:38:27 AM
I’m with Old Company and I’ve been getting $75.00 per slot on a card that is 3 years old with an $11K limit - is that right? I thought it was supposed to be $125 per, but they told me it was $75.

Looking for clarification or if I’m just reading the chart wrong?

Old Company has two sets of banks with different length cycles and therefore different payouts. If your $11k card is with Barclay, Citibank, Discover, PNC, or US Bank, it's $75 and a 2 month cycle. If it's with Bank of America, Capital One, or USAA, it's $125 and a 3 month cycle.

(Note: this info is copied off the document they sent me in April 2018, so it might be out of date.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on July 19, 2019, 08:43:06 AM
I’m with Old Company and I’ve been getting $75.00 per slot on a card that is 3 years old with an $11K limit - is that right? I thought it was supposed to be $125 per, but they told me it was $75.

Looking for clarification or if I’m just reading the chart wrong?

It appears it should be $125.  I would email the old company about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on July 19, 2019, 08:54:31 AM
I’m with Old Company and I’ve been getting $75.00 per slot on a card that is 3 years old with an $11K limit - is that right? I thought it was supposed to be $125 per, but they told me it was $75.

Looking for clarification or if I’m just reading the chart wrong?

It appears it should be $125.  I would email the old company about it.
I did, and they told me “it’s $75”. This doesn’t seem right. :-/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on July 19, 2019, 08:55:02 AM
I’m with Old Company and I’ve been getting $75.00 per slot on a card that is 3 years old with an $11K limit - is that right? I thought it was supposed to be $125 per, but they told me it was $75.

Looking for clarification or if I’m just reading the chart wrong?

Old Company has two sets of banks with different length cycles and therefore different payouts. If your $11k card is with Barclay, Citibank, Discover, PNC, or US Bank, it's $75 and a 2 month cycle. If it's with Bank of America, Capital One, or USAA, it's $125 and a 3 month cycle.

(Note: this info is copied off the document they sent me in April 2018, so it might be out of date.)
Ah, okay. It is a Citi card. Thanks for the clarification!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 19, 2019, 10:18:48 AM
I’m with Old Company and I’ve been getting $75.00 per slot on a card that is 3 years old with an $11K limit - is that right? I thought it was supposed to be $125 per, but they told me it was $75.

Looking for clarification or if I’m just reading the chart wrong?

Old Company has two sets of banks with different length cycles and therefore different payouts. If your $11k card is with Barclay, Citibank, Discover, PNC, or US Bank, it's $75 and a 2 month cycle. If it's with Bank of America, Capital One, or USAA, it's $125 and a 3 month cycle.

(Note: this info is copied off the document they sent me in April 2018, so it might be out of date.)
Ah, okay. It is a Citi card. Thanks for the clarification!

I have a document from Old Company dated 3/5/19 which says that a card like that should be $75 for a 2 month cycle but it would be for cards that are 5+ years old.  You getting it on a 3 year card is a bit of a puzzle.

I have seen similar instances where the numbers they provide don't 100% match what their documentation says.  I suspect this is either just simple employee error or their payout schedule changes frequently, or both.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 19, 2019, 11:56:06 AM
I’m with Old Company and I’ve been getting $75.00 per slot on a card that is 3 years old with an $11K limit - is that right? I thought it was supposed to be $125 per, but they told me it was $75.

Looking for clarification or if I’m just reading the chart wrong?

Old Company has two sets of banks with different length cycles and therefore different payouts. If your $11k card is with Barclay, Citibank, Discover, PNC, or US Bank, it's $75 and a 2 month cycle. If it's with Bank of America, Capital One, or USAA, it's $125 and a 3 month cycle.

(Note: this info is copied off the document they sent me in April 2018, so it might be out of date.)
Ah, okay. It is a Citi card. Thanks for the clarification!

I have a document from Old Company dated 3/5/19 which says that a card like that should be $75 for a 2 month cycle but it would be for cards that are 5+ years old.  You getting it on a 3 year card is a bit of a puzzle.

I have seen similar instances where the numbers they provide don't 100% match what their documentation says.  I suspect this is either just simple employee error or their payout schedule changes frequently, or both.

My experience with several different companies is that the payout tables are constantly changing, but once you lock in a card at a specific payout, it shouldn't change much (new company being the exception).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on July 19, 2019, 06:50:38 PM
Is there a way to recover information in the portal for the "new company"?  I accidentally closed my task before I fully added the user to my card.  I need to input their address.
Unless they have changed their site since I last used it, if you hover the mouse over the AU's DOB it shows their address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PatronWizard11 on July 19, 2019, 10:25:53 PM
Has anyone started a solo 401k with this 1099 income?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on July 20, 2019, 07:26:30 AM
Has anyone started a solo 401k with this 1099 income?

I already had one prior to this, but I contribute income from this to it.

There's a good thread about setting up a solo 401k for mega backdoor roth at https://forum.mrmoneymustache.com/taxes/anyone-execute-a-mega-backdoor-roth-in-solo-401k/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PatronWizard11 on July 20, 2019, 04:43:27 PM
Has anyone started a solo 401k with this 1099 income?

I already had one prior to this, but I contribute income from this to it.

There's a good thread about setting up a solo 401k for mega backdoor roth at https://forum.mrmoneymustache.com/taxes/anyone-execute-a-mega-backdoor-roth-in-solo-401k/

When I get paid, it only references my name and not my business name because I only have them my social... Do you think I should change this to them cutting checks to my EIN business name instead, or does it matter? It's sole proprietorship.

Does anyone know if I need to change my 1099 to reference my EIN instead of my social? I'd hate to fund my solo 401k and find out it's not allowed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on July 21, 2019, 11:55:56 AM
I've been scrolling though this thread to try and find the current compensation tables for the new company.  To doublecheck.

I have a (newly) 2 year old Barclay card enrolled, $11K limit. That should be $100, correct? It's listed wrong in the portal. I sent an email, but it'd be good to have that table handy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 21, 2019, 11:57:36 AM
I will contact both companies to get their current schedule to update the OP, and post when done.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on July 22, 2019, 07:06:47 AM
Has anyone started a solo 401k with this 1099 income?

I already had one prior to this, but I contribute income from this to it.

There's a good thread about setting up a solo 401k for mega backdoor roth at https://forum.mrmoneymustache.com/taxes/anyone-execute-a-mega-backdoor-roth-in-solo-401k/

As far as I know it's fine to use either for a sole proprietorship, but I am not a tax professional.

When I get paid, it only references my name and not my business name because I only have them my social... Do you think I should change this to them cutting checks to my EIN business name instead, or does it matter? It's sole proprietorship.

Does anyone know if I need to change my 1099 to reference my EIN instead of my social? I'd hate to fund my solo 401k and find out it's not allowed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 22, 2019, 06:04:06 PM
Can we make a list of cards that can be used for TL sales and add comments about positives (+) and negatives (-)?

In my experience:

-Barclaycard:
+Easy to add and remove AUs online. An option to just register AUs without issuing cards. Never heard of them shutting down accounts for AU activity.
-There seems to be a hard lifetime limit of 30 something AUs per card.

-Discover:
+An option to add and remove AUs online.
-Random audits and calls about new AUs. Sometimes card get suspended. Sometimes they ask for AU's supporting documents. Reports of card shutdowns.

-Citi:
+The only plus is that they can be used for TL sales.
-Have to call to register an AU and deal with customer service reps (some of them are smarter than others, let's put it this way). Sometimes you get transferred to another department for additional verification. They shut down cards for excessive AU activity and may even blacklist you even for life according to some reports.

BofA:
+Can register AU online.
-They shut down accounts for excessive AU activity.

Comments about other issuers would be highly appreciated.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 23, 2019, 06:10:57 AM
Can we make a list of cards that can be used for TL sales and add comments about positives (+) and negatives (-)?

In my experience:

-Barclaycard:
+Easy to add and remove AUs online. An option to just register AUs without issuing cards. Never heard of them shutting down accounts for AU activity.
-There seems to be a hard lifetime limit of 30 something AUs per card.

-Discover:
+An option to add and remove AUs online.
-Random audits and calls about new AUs. Sometimes card get suspended. Sometimes they ask for AU's supporting documents. Reports of card shutdowns.

-Citi:
+The only plus is that they can be used for TL sales.
-Have to call to register an AU and deal with customer service reps (some of them are smarter than others, let's put it this way). Sometimes you get transferred to another department for additional verification. They shut down cards for excessive AU activity and may even blacklist you even for life according to some reports.

BofA:
+Can register AU online.
-They shut down accounts for excessive AU activity.

Comments about other issuers would be highly appreciated.

I'll add to Citi that it seems AU's have a higher likelihood of not posting as well. 

-USAA
+Have to call but very easy to remove AUs
- Have to call to register an AU and calls often times are very lengthy as they ask a lot of information. Higher risk of shutdown although it seems they basically just tell you to stop doing it. AU history remains on your USAA profile (so I've been told). 

-Capital One
+ An option to add and remove AUs online.
- Not sure about shutdowns for excessive AU activity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on July 23, 2019, 04:45:10 PM
On July 21 I received a call from 800-347-0350 and they left a message saying I need to call 800-347-3558 about my Discover account.  I googled the first number and it came back marked as spam by quite a number of people.  I thought if it was important they could send out a letter or email me, so I did not call back.  I did log in and check my 2 cards with them and everything seemed fine.

Well, today I received an email and it said I needed to call the same 800-347-3558 number and it referenced the last 4 digits of my It card.  So just now I ended up calling the number on the back of my Discover card and asked if Discover is trying to contact me about something.  They said that they were and that I needed to be transferred to the fraud department.  There was a long wait and the original agent was checking in with me every 5 minutes or so.  I ended up asking her if she knew what this was about and she said that she didn't know but that this particular department deals with fraud and closure of accounts.  After more waiting, someone finally came on the line and said I was going to need to speak to some other person about unusual activity and I was on hold again.  I decided it was best to hang up and see if anyone has been through this before.  I fear they are going to close my It card.  I immediately cashed out the rewards I had on both my discover cards (less than $15 total).  The card they are asking about has been with the New Company for about 1 year and has had 6 AUs in all, with the most recent from 6/14/19.  This one from June is the only one currently on my Discover account and it does show as posted with the New Company.  The other Discover card has only had one AU.  Do you think that this is them just wanting scans of the license and SS card of some of the AU's, or do you think this is going to lead to closure no matter what action I take?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 23, 2019, 04:47:09 PM
I've done that call with Discover a couple times. That exact number (even with the different end digit between them calling and the call back number).

They just ask for the AU names. That's all.

Look them up first and have them on hand.

They haven't cancelled my cards.

YMMV of course, but that's what has happened to me twice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on July 23, 2019, 05:06:09 PM
I've done that call with Discover a couple times. That exact number (even with the different end digit between them calling and the call back number).

They just ask for the AU names. That's all.

Look them up first and have them on hand.

They haven't cancelled my cards.

YMMV of course, but that's what has happened to me twice.

Just called them back.  You are correct!  They simply wanted to confirm that I was the person to add the AU back in June and I confirmed.  Easy peasy.  Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on July 24, 2019, 09:47:49 AM
I had a similar issue with Discover two days ago... I tried to log into my Discover online and got an message that my account was "locked" or something, and I needed to call 1-800 # due to suspicious activity. 

I called yesterday and they asked if I added to the two AU's (one in June, one in July). Then they asked why the two AU cards had not been activated.  Strange!  I told them we have been out of town for a while and hadn't had a chance to activate yet.  Then they said they were wanting to make sure there wasn't any fraud going on with a lost card, etc.   and unlocked my online account.  Phew!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kcinegnet on July 25, 2019, 01:47:32 PM
What are your most popular cards?

How often are you asking for CC limit raises and applying for new cards?

I want to be able to just put my tradeline cards in the sock drawer and go 'auto pilot', but I feel like the reason they have not cancelled is because I actually use them (somewhat).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on July 25, 2019, 03:31:36 PM
I want to be able to just put my tradeline cards in the sock drawer and go 'auto pilot', but I feel like the reason they have not cancelled is because I actually use them (somewhat).
They MUST be used (somewhat) or they won't report. So if you want to auto-pilot then setup something you have to pay monthly (e.g., Netflix) on auto-pay. However, usage has no bearing on whether they get closed or not though if you don't charge anything for a year or two, they will likely close it down. My BoA was going to get closed for inactivity, but then I started doing tradelines on it until they closed it down for that. :P
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on July 25, 2019, 05:26:59 PM
What are your most popular cards?

How often are you asking for CC limit raises and applying for new cards?

I want to be able to just put my tradeline cards in the sock drawer and go 'auto pilot', but I feel like the reason they have not cancelled is because I actually use them (somewhat).

I have some relatively new, low credit limit cards that sell frequently, but earn me little money. I have a couple of well-aged, high-limit cards that would pay handsomely, but seem to never sell.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on July 26, 2019, 07:57:49 AM
What are your most popular cards?

How often are you asking for CC limit raises and applying for new cards?

I want to be able to just put my tradeline cards in the sock drawer and go 'auto pilot', but I feel like the reason they have not cancelled is because I actually use them (somewhat).

I set a reminder for myself every 6 months to buy a $5 GC from Amazon on my inactive cards.  A bit of a pain, because you then have to remember to pay them off (and they all close at different times), but it beats having them cancel an old card with a high limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 26, 2019, 08:13:29 AM
What are your most popular cards?

How often are you asking for CC limit raises and applying for new cards?

I want to be able to just put my tradeline cards in the sock drawer and go 'auto pilot', but I feel like the reason they have not cancelled is because I actually use them (somewhat).

I set a reminder for myself every 6 months to buy a $5 GC from Amazon on my inactive cards.  A bit of a pain, because you then have to remember to pay them off (and they all close at different times), but it beats having them cancel an old card with a high limit.
Both of those can be automated.

You can set Amazon to automatically refill your gift card balance (though idk if you can set multiple with multiple cards--can anyone confirm?*), and definitely put your cards on autopay, so you don't have to remember that part.


*I do a different method, I just charge 2.50 to Amazon on a card when I get a TL sale, rather than regardless.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 26, 2019, 08:31:08 AM
At the gas pump....put in $2.  Next card, put in $2.  Next card, put in $2......etc.  I always do this on the way home on a nice, sunny day.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 26, 2019, 01:47:13 PM
I do the refill as ARS mentioned above.  I have only tried it with my busiest card, so not sure about multiple cards.  However, it would be easy enough to setup an extra amazon account or 7 :)


At the gas pump....put in $2.  Next card, put in $2.  Next card, put in $2......etc.  I always do this on the way home on a nice, sunny day.

Thanks @Car Jack    I was behind you last week at the pump...  Took forever!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 26, 2019, 06:00:21 PM
I do the refill as ARS mentioned above.  I have only tried it with my busiest card, so not sure about multiple cards.  However, it would be easy enough to setup an extra amazon account or 7 :)

You can do it all in one Amazon account.  I have one Amazon account and multiple piggybacking cards in there.

Paying for my kids' college textbooks, $2.50 at a time!  :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 28, 2019, 03:23:29 PM
How often do i need to use my cards (e.g. $2.50 purchase on Amazon) if I am not using them for AUs but would like to keep them from getting closed due to inactivity? If I don't use them for TLs, I don't need the bureaus to regularly post details about these cards. In this case, would one transaction per year per card be enough?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 28, 2019, 04:14:25 PM
How often do i need to use my cards (e.g. $2.50 purchase on Amazon) if I am not using them for AUs but would like to keep them from getting closed due to inactivity? If I don't use them for TLs, I don't need the bureaus to regularly post details about these cards. In this case, would one transaction per year per card be enough?

Yes, that's probably sufficient.  I've never had a card closed on me for inactivity that was less than one year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on July 29, 2019, 09:02:25 PM
I got a letter from a bill collector for a former AU today. I opened it thinking it was a new card, then realized what it was. It was an $800 debt from a cable company, and they were offering to settle/cancel it for about $450.

Kind of blows my mind that someone paid hundreds of dollars to improve their credit score, racked up a huge cable bill in a few months, and then let it go to collections - presumably trashing their credit again. 

Not the first time I've gotten mail for an AU but it usually looks like credit card offers or junk. Wonder if I will get an in-person visit next?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on July 30, 2019, 05:02:53 AM
I got a letter from a bill collector for a former AU today.... Not the first time I've gotten mail for an AU but it usually looks like credit card offers or junk. Wonder if I will get an in-person visit next?
I wonder if one of your cards reports your address instead of their's to their report? I've never received mail for an AU though I have only been doing this 2 years.

I've had collections for people the same name since the collector is just stabbing in the dark to find said person, but never a visit. I'd think that would be extremely rare except for a repo.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Imustacheyouaquestion on July 30, 2019, 11:43:38 AM

I wonder if one of your cards reports your address instead of their's to their report? I've never received mail for an AU though I have only been doing this 2 years.


I've gotten mail for a few, maybe 2 or 3 each year. I'm guessing debt collectors send letters to any address they can find that's associated with that SSN. I'm mostly joking about an in-person visit, but it would be funny.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 30, 2019, 08:55:50 PM
FWIW, I have gotten a small number of items addressed to AU's at my address over the past 2-3 years.  Oddly enough, I had a new AU last month.  Within a matter of days of the AU posting (and my receiving the AU card), I got what appeared to be a credit offer (preapproval) for them at my address.  I was surprised at how quick all of that happened.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 31, 2019, 06:11:09 AM
Yep, I get occasional pieces of mail for past AUs. And on a rare occasion a phone call likely from a debt collector. I just kindly let them know this is not their phone number and please remove it as being associated with their name.

One thing that did happen that made me a bit uncomfortable was a man in a large personal tow truck showed up at my house looking for a past AU. I happened to see him before he came up to the door and cut him off outside. He was clearly looking for a vehicle. I informed him the person he was looking for did not live there. I gave him my information and offered to open the garage door so he could see the vehicles. He wasn't pushy or rude and said that he could tell I was being truthful as he was a police investigator in his previous career. We even made small talk for a bit about sports etc. Turns out the AU had a sister that lived a couple streets over from me even though the AU lived several states away. I thought that was odd. Anywho I haven't had a phone call or visit since. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 31, 2019, 12:45:16 PM
I will contact both companies to get their current schedule to update the OP, and post when done.

Done! (I emailed that day, and they both replied within 24h, but there was some delay posting because I was procrastinating on dealing with having to format it as a table on the forum, because it's a pain.)  First post is updated, and here's the info as well:


Current payout schedules:

"New Company":
Spoiler: show

Updated July 2019.
Card AgeCard AgeCard AgeCard Age
Credit Limit12-24 months2 years- 4 Years4 years- 8 Years8+ Years
$2k-$4999$15$25$25$25
$5k-$9,999$25$50$50$75 ($100 MMM)
$10k-$14,999$50$100$100$125
$15k-$19,999$100$125$125$175
$20k-$29,999$150$175$175$225
$30k-$39,999$200$225$225$250 ($275 MMM)
$40k-$49,999$225$250 ($275 MMM)$250 ($275 MMM)$275 ($300 MMM)
$50k+ $300$300$300$300 ($350 if 12+ years old)


(Caveat: the ones that say "MMM" are $25 more if you use me as a referral.  See disclaimer at bottom of this post.)

"Old Company":
Spoiler: show

Updated July 2019.

Does not break out payments based on age of card; all cards must be 2+ years old and follow the commission structure below:
A. 2-Month Cycle Commission for Barclays, Citibank, Discover, PNC, US Bank, Elan, TD Bank:
1. Limit $10,000 - $15,000 - $75 per spot
2. Limit $15,001 - $20,000 - $125 per spot
3. Limit $20,001 - $30,000 - $175 per spot
4. Limit $30,001 - $40,000 - $200 per spot
5. Limit $40,001 - or more - $225 per spot

B. 3-Month Cycle Commission for Capital One, NFCU, USAA:
1. Limit $10,000 - $15,000 - $125 per spot
2. Limit $15,001 - $20,000 - $150 per spot
3. Limit $20,001 - $30,000 - $200 per spot
4. Limit $30,001 - $40,000 - $250 per spot
5. Limit $40,001 - or more - $275 per spot

C. 4-Month Cycle Commission for Chase and Bank of America:
1. Limit $10,000 - $15,000 - $175 per spot
2. Limit $15,001 - $20,000 - $200 per spot
3. Limit $20,001 - $30,000 - $250 per spot
4. Limit $30,001 - $40,000 - $275 per spot
5. Limit $40,001 - or more - $350 per spot
6. Limit $40,001 - or more + 10 years - $400 per spot

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on August 01, 2019, 08:56:06 AM
Posting to follow and participate.

I have two cards I'm going to try selling lines on--an older Citi card and a newer BoA card. Both had limits of about $15k. I requested an increase to $50k on both. Citi bumped me up to $30k while I am still waiting on BoA.

Not sure that I'll want to max out lines. I don't care if either of these gets shut down, it's more that having to call in fairly often seems like it would be a little uncomfortable. I guess I'll get a feel for it once I get going. And I really should go back through this thread to see how others describe the experience.

Editing to add: I suppose there is a limit to how much credit you can open across all cards? I have about $150k across six cards. I'm wondering how much more I can get, whether by opening new cards or asking for increases. I suppose the only way to know for sure is to go after it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 01, 2019, 09:24:55 AM
Editing to add: I suppose there is a limit to how much credit you can open across all cards? I have about $150k across six cards. I'm wondering how much more I can get, whether by opening new cards or asking for increases. I suppose the only way to know for sure is to go after it.

In my experience, it is a function of your annual income, how many issuers you elect to do business with, and possibly whether you open business cards or not.

I don't know offhand, but I think I have somewhere around 8x reported income across 23 cards across 9 issuers (all the usual suspects).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on August 01, 2019, 09:52:45 AM
Editing to add: I suppose there is a limit to how much credit you can open across all cards? I have about $150k across six cards. I'm wondering how much more I can get, whether by opening new cards or asking for increases. I suppose the only way to know for sure is to go after it.

In my experience, it is a function of your annual income, how many issuers you elect to do business with, and possibly whether you open business cards or not.

I don't know offhand, but I think I have somewhere around 8x reported income across 23 cards across 9 issuers (all the usual suspects).

Wow 8x! Okay then I have some room before I hit the ceiling. Going to apply for a few more cards this week.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 01, 2019, 11:36:49 AM

Wow 8x! Okay then I have some room before I hit the ceiling. Going to apply for a few more cards this week.

Be strategic!  If you've applied for more than Chase or Cap One allow over the last 2 years, stay far away from both or you burn a hard pull for nothing and reduce your chances of getting another.  For tradelines, you'll need some age on your cards, so these new cards could be some that offer bonuses for initial use, then maybe use them for low balance forgiveness, if they play that game and when they age enough, use them for tradelines.

You can move limits within a bank.  I did that with 4 BoA cards, killing one and moving the rest of the limits to one card (my oldest there) to make it more tradeline attractive.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 01, 2019, 12:24:08 PM
What's the deal with using cards for low balance forgiveness? Which cards can be used and for how much and how often?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Captain Mustache on August 01, 2019, 05:43:05 PM
Had my Discover card shut down today after a weird call with a rep. Was hoping it was just another fraud call. Easy come, easy go.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 01, 2019, 07:43:03 PM
What's the deal with using cards for low balance forgiveness? Which cards can be used and for how much and how often?

There's a list somewhere.  Maybe DoC.  Off the top of my head, Wells $1.99, Discover, $1.99, Barclays $0.99, Citi $0.99.  There's more but mine are all tied up with tradelines, so I'd have to go back to the list to be sure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on August 01, 2019, 09:18:14 PM
I emailed the old company to ask about starting tradeline sales. They answered they’re only accepting cards 5+ years old and $30k+ Credit limits.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on August 03, 2019, 02:53:16 PM
What's the deal with using cards for low balance forgiveness? Which cards can be used and for how much and how often?

There's a list somewhere.  Maybe DoC.  Off the top of my head, Wells $1.99, Discover, $1.99, Barclays $0.99, Citi $0.99.  There's more but mine are all tied up with tradelines, so I'd have to go back to the list to be sure.

At the risk of seeming like an idiot, could someone please explain what "low balance forgiveness" is, and what the figures in the quote above represent?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on August 03, 2019, 05:19:27 PM


At the risk of seeming like an idiot, could someone please explain what "low balance forgiveness" is, and what the figures in the quote above represent?

If you charge a certain amount or less in a billing cycle (with nothing else on the balance- examples given in the quote), the cc company will cancel the debt out, so basically its free money.

Quick funny story.  I had roughly 10 separate student loans.  I paid them all down to ~ $15 which delayed my next payment owed until about the end of 2022.  This allowed me to keep them reporting and was good for my credit (I know they still report for 10 yrs after being closed, but was trying to extend this, im greedy).  Recently, the rates on them went up to 4.6% or something, and I didn't want to pay anything on these, so I paid them all down to about $2.  Welp, they cancelled out the remaining balance so I kind of screwed myself haha.  I guess on the flipside, I got about $20 for free.  Banks don't want to service tiny balances, it costs them more to service it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 03, 2019, 06:14:05 PM
At the risk of seeming like an idiot, could someone please explain what "low balance forgiveness" is, and what the figures in the quote above represent?

If you charge a certain amount or less in a billing cycle (with nothing else on the balance- examples given in the quote), the cc company will cancel the debt out, so basically its free money.

They will often do the same if you say, charge $2,000 and pay $1,999.52.  They'll forgive the 48 cents that you're short.  It generates goodwill for the customer, and as @HBFIRE points out, it costs them more to chase you for it than to just zero it out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 04, 2019, 06:32:07 PM

They will often do the same if you say, charge $2,000 and pay $1,999.52.  They'll forgive the 48 cents that you're short.  It generates goodwill for the customer, and as @HBFIRE points out, it costs them more to chase you for it than to just zero it out.

I would not recommend doing this.  What they technically can and probably will do is then charge you interest on the average balance of the bill you almost paid off and add the next month minimum interest charge since you didn't pay it off.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MRIDUL on August 04, 2019, 07:48:39 PM
I would like to know how is this 1099-MISC income reported? On Schedule C? Any ways to shelter it from taxes? SEP IRA/Solo 401k? Any details would be highly appreciated.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on August 05, 2019, 09:58:15 AM

They will often do the same if you say, charge $2,000 and pay $1,999.52.  They'll forgive the 48 cents that you're short.  It generates goodwill for the customer, and as @HBFIRE points out, it costs them more to chase you for it than to just zero it out.

I would not recommend doing this.  What they technically can and probably will do is then charge you interest on the average balance of the bill you almost paid off and add the next month minimum interest charge since you didn't pay it off.
If you want to attempt to get low balance forgiveness on the remainder of a larger purchase, pay down the purchase to a low balance forgiveness level before the statement date after it is charged. For instance, you can charge $2000 the day after your statement, post a payment of $1999 the day before your statement and likely get $1 balance forgiven on the statement. But if you charge $2000 on the day before you statement and post a payment of $1999 on the statement due date the remaining $1 principle plus interest must be below the low balance forgiveness threshold on your next statement (not likely - daily interest on $2000 is more than $0.50/day at 10% interest). If your balance is not below the low balance forgiveness, your entire balance is likely below the minimum payment threshold so the entire balance would be due as a minimum payment and a partial payment would yield a late fee instead of low balance forgiveness.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on August 05, 2019, 10:05:29 AM
I would like to know how is this 1099-MISC income reported? On Schedule C? Any ways to shelter it from taxes? SEP IRA/Solo 401k? Any details would be highly appreciated.

Anything helpful here: https://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices/msg1412209/ ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on August 05, 2019, 11:43:10 AM
Had my Discover card shut down today after a weird call with a rep. Was hoping it was just another fraud call. Easy come, easy go.

I don't know why these companies are still even using Discover, they seem extremely aggressive with the shutdowns.  Had mine shut down after just 2 AU's that were spaced apart by months (10+ year old account).

If you have a Discover card in play that you don't want to lose, I would ask the tradeline companies to put it on permanent hold.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on August 05, 2019, 12:50:17 PM
I emailed the old company to ask about starting tradeline sales. They answered they’re only accepting cards 5+ years old and $30k+ Credit limits.

I got the same message, and that they are accepting cards only from the following list: Barclays, Discover, PNC, USAA, NFCU, Elan, Capital One, Chase, Bank of America, Synch (Care Credit), and US Bank.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on August 05, 2019, 02:22:11 PM
I'm still waiting on payment from the new company for orders in January & February. Seems long to me based on other payments. Anyone else not getting paid in a timely fashion?


Sent from my iPhone using Tapatalk
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ecchastang on August 05, 2019, 04:19:35 PM
PM sent for link to the company to sell tradelines. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on August 06, 2019, 10:14:34 AM
I'm still waiting on payment from the new company for orders in January & February. Seems long to me based on other payments. Anyone else not getting paid in a timely fashion?


Sent from my iPhone using Tapatalk

It's a constant struggle for me.  I usually give it an extra month, then start emailing.  Sometimes takes a few tries before I get a response.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on August 06, 2019, 10:19:54 AM
I'm still waiting on payment from the new company for orders in January & February. Seems long to me based on other payments. Anyone else not getting paid in a timely fashion?


Sent from my iPhone using Tapatalk

It's a constant struggle for me.  I usually give it an extra month, then start emailing.  Sometimes takes a few tries before I get a response.

This is the reason I don't deal with the "new" company anymore, despite the slightly higher payouts.  I moved all my cards to the "old" company 2 years ago.  The Old company has never been late, never required extra emails, and never paid out the wrong amount.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on August 06, 2019, 10:21:11 AM
I'm still waiting on payment from the new company for orders in January & February. Seems long to me based on other payments. Anyone else not getting paid in a timely fashion?


Sent from my iPhone using Tapatalk

It's a constant struggle for me.  I usually give it an extra month, then start emailing.  Sometimes takes a few tries before I get a response.

This is the reason I don't deal with the "new" company anymore, despite the slightly higher payouts.  I moved all my cards to the "old" company 2 years ago.  The Old company has never been late, never required extra emails, and never paid out the wrong amount.

To be clear, I've never had an issue with not being paid or being paid the wrong amount.  Just takes a little extra legwork, and is a little irritating.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on August 06, 2019, 03:41:52 PM
I'm still waiting on payment from the new company for orders in January & February. Seems long to me based on other payments. Anyone else not getting paid in a timely fashion?


Sent from my iPhone using Tapatalk

It's a constant struggle for me.  I usually give it an extra month, then start emailing.  Sometimes takes a few tries before I get a response.

Same for me.

I do not believe I have ever been paid by the New company unless I first sent an email or two.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: goodlivin23 on August 06, 2019, 05:28:27 PM
Hi all,
Can someone share (or tell me where to find) the names of the companies for this? I've got several older credit cards with high limits and want to get started with this!
Also, how many cards do you recommend applying for at one time?
Any and all info greatly appreciated!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 06, 2019, 05:35:22 PM
Hi all,
Can someone share (or tell me where to find) the names of the companies for this? I've got several older credit cards with high limits and want to get started with this!
Also, how many cards do you recommend applying for at one time?
Any and all info greatly appreciated!

PM sent.

As always, if anyone has any questions/concerns, feel free to PM me. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: goodlivin23 on August 06, 2019, 06:23:17 PM
Thanks for the PM!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on August 07, 2019, 12:58:21 PM
Not the first time I've gotten mail for an AU but it usually looks like credit card offers or junk. Wonder if I will get an in-person visit next?

FWIW, we use a travelling mailbox service (http://www.fi35.com/retirement-reflections-two-years-jobless-homeless-and-parenting/) as mailing address. We have that address originally for other reasons, but it's proven handy for selling tradelines since no mail comes to us. The services usually only accept mail addressed directly to you, so anything addressed to AU is automatically destroyed, including the AU card (at least this was my understanding).

One caveat, we have never had a problem, but recently I had communication from one credit card company regarding returned mail. I assume this was AU cards sent to mailbox address which were returned to sender instead of destroyed. That triggered a little bit of account double checking, enough that it became easier for me to rest that card than deal with it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 07, 2019, 07:21:28 PM
Not the first time I've gotten mail for an AU but it usually looks like credit card offers or junk. Wonder if I will get an in-person visit next?

FWIW, we use a travelling mailbox service (http://www.fi35.com/retirement-reflections-two-years-jobless-homeless-and-parenting/) as mailing address. We have that address originally for other reasons, but it's proven handy for selling tradelines since no mail comes to us. The services usually only accept mail addressed directly to you, so anything addressed to AU is automatically destroyed, including the AU card (at least this was my understanding).

One caveat, we have never had a problem, but recently I had communication from one credit card company regarding returned mail. I assume this was AU cards sent to mailbox address which were returned to sender instead of destroyed. That triggered a little bit of account double checking, enough that it became easier for me to rest that card than deal with it.

Do you put that traveling mailbox address as your home address with the banks? If so, have you ever had problems with the address not being residential? AFAIK many banks have databases of residential vs commercial/mail forwarding addresses. They can flag and even freeze or close accounts registered with mail forwarding addresses.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 07, 2019, 07:39:22 PM
I've used traveling mailbox for the last four years (aug 2015 - aug 2019) as my address on everything (banks, ccs, etc) with no issues.

They do send back mail, so AU cards are returned. Never had an issue with that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 07, 2019, 07:58:57 PM
I've used traveling mailbox for the last four years (aug 2015 - aug 2019) as my address on everything (banks, ccs, etc) with no issues.

They do send back mail, so AU cards are returned. Never had an issue with that.

Thanks. I am considering three mail forwarding companies: Traveling Mailbox, Escapees and St Brandan's Isle. Do you know if Traveling Mailbox is less likely to get flagged by banks as a non-residential address? Why did you choose Traveling Mailbox vs its competitors?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 07, 2019, 08:51:56 PM
I don't know anything about those other ones. I don't recognize those two names. There were a few other competitors, but I couldn't say why four years ago I chose that one over them.

I do like Traveling Mailbox. Really good customer service when you need anything.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 07, 2019, 08:54:30 PM
I've used traveling mailbox for the last four years (aug 2015 - aug 2019) as my address on everything (banks, ccs, etc) with no issues.

They do send back mail, so AU cards are returned. Never had an issue with that.

Thanks. I am considering three mail forwarding companies: Traveling Mailbox, Escapees and St Brandan's Isle. Do you know if Traveling Mailbox is less likely to get flagged by banks as a non-residential address? Why did you choose Traveling Mailbox vs its competitors?

@Padonak   I have no personal experience with any of these.  I have seen all 3 and probably others discussed on the forum here.  You might try a couple of searches.  It seems a good number of people use these services.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on August 08, 2019, 09:11:09 AM
Do you put that traveling mailbox address as your home address with the banks? If so, have you ever had problems with the address not being residential? AFAIK many banks have databases of residential vs commercial/mail forwarding addresses. They can flag and even freeze or close accounts registered with mail forwarding addresses.

I've mainly used traveling mailbox as home address for about three years, there were a couple of instances it wouldn't work, as you referred to. In that case I used the traveling mailbox as mailing address and a physical address as home address. Won't derail thread too much further, but was discussed a bit more here: https://forum.mrmoneymustache.com/post-fire/us-address-(renter)-during-extended-livingtraveling-overseas/msg2229942/#msg2229942

Will add this also means the traveling mailbox address shows up on my credit report. A couple times with mortgage applications this has led to some fun questions from underwriters, depending on how much due diligence they are doing

As ARS said, I like traveling mailbox. Good interface, good enough pricing. All works well. I haven't tested the others, I'm sure they are good too?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 08, 2019, 11:48:49 AM
Thank you for your detailed replies, I'll read the linked thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on August 10, 2019, 06:34:22 AM
Discover has requested a callback (via email and mail, the number matches that on the back of my card) to discuss in detail the 2 tradeline I have added.  Has anyone else been asked for this, and if so what has been shared?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 10, 2019, 08:56:21 AM
Discover has requested a callback (via email and mail, the number matches that on the back of my card) to discuss in detail the 2 tradeline I have added.  Has anyone else been asked for this, and if so what has been shared?

See this post, and the 3 replies after it: https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2423321/#msg2423321 (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2423321/#msg2423321)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 10, 2019, 09:00:04 AM
Discover has requested a callback (via email and mail, the number matches that on the back of my card) to discuss in detail the 2 tradeline I have added.  Has anyone else been asked for this, and if so what has been shared?

It happened to me a few times. They called to confirm that i added the AUs. A couple of times they requested supporting documents (drivers license and SSN card).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on August 10, 2019, 09:02:22 AM
Awesome, thanks folks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: geekette on August 10, 2019, 10:58:50 AM
I don't sell tradelines, but I've followed along here occasionally.  I added a cousin to an old high limit account a few years ago to help with her credit score.  The card came to my house, as expected.

A couple weeks ago, my mother added me to her Chase Sapphire account.  We were renting a car, I was driving, and we wanted the extra insurance. 

Instead of sending the card to her house, it came to mine. 

If I were selling tradelines, this would make me very nervous.  Why would they send the card to me???
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 10, 2019, 11:14:02 AM


I don't sell tradelines, but I've followed along here occasionally.  I added a cousin to an old high limit account a few years ago to help with her credit score.  The card came to my house, as expected.

A couple weeks ago, my mother added me to her Chase Sapphire account.  We were renting a car, I was driving, and we wanted the extra insurance. 

Instead of sending the card to her house, it came to mine. 

If I were selling tradelines, this would make me very nervous.  Why would they send the card to me???

That's really weird, and against their protocol.

I imagine your mom might be able to call and find out why.

In any case, it's not something I worry about in the slightest.  In a combined 20ish years between the 2 TL companies, they've never once had an AU make an unauthorized charge on a card they're authorized on.

In 3+ years since I first posted and many many (thousands?) of AU sales for Mustachians, no one has ever reported an issue with an AU making a charge on their CC.

It's just not something I'd worry about at all, personally. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on August 10, 2019, 11:53:11 AM
Has anyone figured out a work around for the AU limit on Barclay's cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 10, 2019, 12:17:32 PM
Has anyone figured out a work around for the AU limit on Barclay's cards?
I tried replacing the card and changing the product... didn't work. What's the limit btw? I think it was about 34 on the card I tried to replace.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 10, 2019, 01:02:55 PM


I don't sell tradelines, but I've followed along here occasionally.  I added a cousin to an old high limit account a few years ago to help with her credit score.  The card came to my house, as expected.

A couple weeks ago, my mother added me to her Chase Sapphire account.  We were renting a car, I was driving, and we wanted the extra insurance. 

Instead of sending the card to her house, it came to mine. 

If I were selling tradelines, this would make me very nervous.  Why would they send the card to me???

That's really weird, and against their protocol.

I imagine your mom might be able to call and find out why.

In any case, it's not something I worry about in the slightest.  In a combined 20ish years between the 2 TL companies, they've never once had an AU make an unauthorized charge on a card they're authorized on.

In 3+ years since I first posted and many many (thousands?) of AU sales for Mustachians, no one has ever reported an issue with an AU making a charge on their CC.

It's just not something I'd worry about at all, personally.

I trust Chase not to send it to the AU address because in their online "add AU" process they explicitly say which address they'll send it to, and it's always my address, not the AU address.

I've added AUs to multiple cards across multiple issuers and never had one go to the AU address.  I did have one CSR once say they were going to ship it to the AU, but I asked her to send it to me instead, and it came to me.  I think she was an inexperienced CSR.

There are a couple of issuers, and Chase may be one of them, where if you specifically ask them to send the card to the AU, they will.  If it was a family member, that's probably what I would do.  It's what I'm guessing @geekette's Mom did in this case.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: geekette on August 10, 2019, 01:48:30 PM


I don't sell tradelines, but I've followed along here occasionally.  I added a cousin to an old high limit account a few years ago to help with her credit score.  The card came to my house, as expected.

A couple weeks ago, my mother added me to her Chase Sapphire account.  We were renting a car, I was driving, and we wanted the extra insurance. 

Instead of sending the card to her house, it came to mine. 

If I were selling tradelines, this would make me very nervous.  Why would they send the card to me???

That's really weird, and against their protocol.

I imagine your mom might be able to call and find out why.

In any case, it's not something I worry about in the slightest.  In a combined 20ish years between the 2 TL companies, they've never once had an AU make an unauthorized charge on a card they're authorized on.

In 3+ years since I first posted and many many (thousands?) of AU sales for Mustachians, no one has ever reported an issue with an AU making a charge on their CC.

It's just not something I'd worry about at all, personally.

I trust Chase not to send it to the AU address because in their online "add AU" process they explicitly say which address they'll send it to, and it's always my address, not the AU address.

I've added AUs to multiple cards across multiple issuers and never had one go to the AU address.  I did have one CSR once say they were going to ship it to the AU, but I asked her to send it to me instead, and it came to me.  I think she was an inexperienced CSR.

There are a couple of issuers, and Chase may be one of them, where if you specifically ask them to send the card to the AU, they will.  If it was a family member, that's probably what I would do.  It's what I'm guessing @geekette's Mom did in this case.

Mom’s 84; I’m sure she called and you’re right, she probably asked them to send it to me. That makes me feel better.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on August 12, 2019, 08:13:34 AM
Discover has requested a callback (via email and mail, the number matches that on the back of my card) to discuss in detail the 2 tradeline I have added.  Has anyone else been asked for this, and if so what has been shared?

See this post, and the 3 replies after it: https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2423321/#msg2423321 (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2423321/#msg2423321)

Thanks again - just off a LONG call with DC.  They wanted to verify the recent AU adds (May and July), confirm the SSN/Addresses, and requested reason behind the add
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on August 12, 2019, 01:09:15 PM
Discover has requested a callback (via email and mail, the number matches that on the back of my card) to discuss in detail the 2 tradeline I have added.  Has anyone else been asked for this, and if so what has been shared?

See this post, and the 3 replies after it: https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2423321/#msg2423321 (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2423321/#msg2423321)

Thanks again - just off a LONG call with DC.  They wanted to verify the recent AU adds (May and July), confirm the SSN/Addresses, and requested reason behind the add

What reason did you provide?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on August 12, 2019, 02:34:55 PM
What reason did you provide?

They are 2 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on August 13, 2019, 06:52:09 AM
What reason did you provide?

They are 2 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.

This is GOLD. Perfectly logical, true and on the up-and-up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on August 13, 2019, 10:18:40 AM
I'm glad you like it merula :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on August 14, 2019, 03:41:21 PM
For those of you with multiple Barclay cards, it is true you can't access them all from a single online account? I just got my first 2 from them and that is what the rep said though one is a business version.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 14, 2019, 04:21:04 PM
For those of you with multiple Barclay cards, it is true you can't access them all from a single online account? I just got my first 2 from them and that is what the rep said though one is a business version.

I can access both of my Barclays cards from a single login, although in my case both are personal cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 14, 2019, 06:18:03 PM
For those of you with multiple Barclay cards, it is true you can't access them all from a single online account? I just got my first 2 from them and that is what the rep said though one is a business version.

I can access both of my Barclays cards from a single login, although in my case both are personal cards.

Same here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot on August 15, 2019, 05:00:36 AM
Good. It may be because one is a business card then. With Chase you must link the business card first and then have them add the personal card so I'll try that once it arrives.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: goodlivin23 on August 15, 2019, 05:16:11 PM
Hi,
How often can you apply for a new Barclay card? I applied for one recently and got accepted (for $14K). I applied for another one a few days later and was denied. Thoughts?
Also, do you get any warnings before they shut down a card? I can't find anything written specifically on my agreement that states you cannot have multiple AUs (or that being a reason for them to shut down your card.

Thanks all!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Monkey stache on August 16, 2019, 01:29:27 PM
Is anyone having problems adding AUs to their USAA card? I need to add 2 AUs and USAA couldn't do it for me yesterday nor today. They claim it's the system but I'm wondering if it's a subtle "hey chill out with these AUs." They don't know when it will be working again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 16, 2019, 02:02:56 PM
Is anyone having problems adding AUs to their USAA card? I need to add 2 AUs and USAA couldn't do it for me yesterday nor today. They claim it's the system but I'm wondering if it's a subtle "hey chill out with these AUs." The don't know when it will be working again.

I had "system problems" twice when I tried to add a third AU to my USAA card.  USAA was unable to add the AU even after multiple attempts both times.  I think USAA is OK with 2 at a time but not 3 at a time, but nobody told the front line CSRs that.

If you have any AUs on your USAA card currently that you can remove, remove them and try again.  Otherwise I think your only option is to tell the AU company that you were unable to add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Monkey stache on August 16, 2019, 02:21:07 PM
Thanks for the feedback. I already have 2 AUs and they want to add two more (all with the same company) so that must be what's causing the problem. I'm surprised the tradeline company isn't aware of this limitation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 16, 2019, 07:33:39 PM
Hi,
How often can you apply for a new Barclay card? I applied for one recently and got accepted (for $14K). I applied for another one a few days later and was denied. Thoughts?
Also, do you get any warnings before they shut down a card? I can't find anything written specifically on my agreement that states you cannot have multiple AUs (or that being a reason for them to shut down your card.

Thanks all!

I have not opened a new one in a few years.  However, in my experience, they are more picky than other issuers.  I would suggest waiting a few months between cards with them (at a minimum).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 17, 2019, 06:40:38 AM
Thanks for the feedback. I already have 2 AUs and they want to add two more (all with the same company) so that must be what's causing the problem. I'm surprised the tradeline company isn't aware of this limitation.

Not sure which company you are using but I am always limited to 2 AUs for USAA. I prefer to keep it that way as it' a really old high limit card so it's very profitable. Also adding AUs with USAA is a PITA!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog on August 17, 2019, 09:14:44 AM
Why does the new company send rules out about prompt replies but they don't show the same courtesy when it comes to payment?  I bet if I would never say anything I would never get paid.  I don't think I have got a payment yet without me pestering them.  Orders from March and June.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 19, 2019, 06:29:36 AM
I have only had a single $50 sale in the last year with the new company.  Did this completely dry up for anyone else? Will I have more luck if I switch over to the old company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 19, 2019, 08:05:30 AM
I have only had a single $50 sale in the last year with the new company.  Did this completely dry up for anyone else? Will I have more luck if I switch over to the old company?
Yeah, old company is seeing more sales (and no payout lag), but their card restrictions are higher (30k minimum limits, 5 years old).

If your cards fit, I tend to recommend people go there. If your cards don't, better to use new company and get occasional sales than a riskier company, IMO, but YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on August 19, 2019, 12:31:21 PM
From the new company regarding payout date:  10 weeks after the closing date
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 19, 2019, 01:30:47 PM
I have only had a single $50 sale in the last year with the new company.  Did this completely dry up for anyone else? Will I have more luck if I switch over to the old company?
Yeah, old company is seeing more sales (and no payout lag), but their card restrictions are higher (30k minimum limits, 5 years old).

If your cards fit, I tend to recommend people go there. If your cards don't, better to use new company and get occasional sales than a riskier company, IMO, but YMMV.

I don't have any cards that qualify for that.  Did too many mustachians flood the market?  Or is there something else going on causing a drought? Or am I just on the unlucky end of the sales spectrum? Or did I get black balled or something? I was late to the game, but I feel like I sold a decent amount in 2018 right up until about august, and since then I had just a single $50 sale on one card in early 2019. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on August 19, 2019, 05:11:42 PM
For sure, my older, larger CC accounts which you would think would be more attractive (5+ yrs old, high limits) rarely sell if at all.

The newer accounts that barely seem worth getting AU status on (1-2 yrs old, low limits) at least sell occasionally.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on August 19, 2019, 06:19:34 PM
I haven't had any sales this year either, which is ok.
I only have a couple cards that qualify and they do have a limited number of spots.
I rather get one occasionally and stay under the radar, then using up my spots quickly and raising red flags.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 19, 2019, 07:29:40 PM
Can a BBVA credit card be used for tradelines with any of the companies?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on August 20, 2019, 06:59:22 AM
Why does the new company send rules out about prompt replies but they don't show the same courtesy when it comes to payment?  I bet if I would never say anything I would never get paid.  I don't think I have got a payment yet without me pestering them.  Orders from March and June.

To be fair, I've found the side of the house that sends out these emails (and handles all the admin stuff) to be very responsive.  It's just the payment side that lags.  It would be nice if they could just automate it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 21, 2019, 06:59:23 AM
Can a BBVA credit card be used for tradelines with any of the companies?

I have one with the old company.  It was one that I shotgunned when they were looking for new, low limit cards for 2 month, $25 slots.  I think both companies change what they'll take on an almost daily basis.  It's worth shooting them the specs on the card (age and limit).  I get 2 AUs on that card every period.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 21, 2019, 02:55:24 PM
I have only had a single $50 sale in the last year with the new company.  Did this completely dry up for anyone else? Will I have more luck if I switch over to the old company?
Yeah, old company is seeing more sales (and no payout lag), but their card restrictions are higher (30k minimum limits, 5 years old).

If your cards fit, I tend to recommend people go there. If your cards don't, better to use new company and get occasional sales than a riskier company, IMO, but YMMV.

I don't have any cards that qualify for that.  Did too many mustachians flood the market?  Or is there something else going on causing a drought? Or am I just on the unlucky end of the sales spectrum? Or did I get black balled or something? I was late to the game, but I feel like I sold a decent amount in 2018 right up until about august, and since then I had just a single $50 sale on one card in early 2019.

Ha 2 days later and I just got a sale.  Maybe they read the thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on September 04, 2019, 02:22:48 PM
I just got a request to add an AU. Capitol One is asking me for the persons phone number, which the tradeline company didnt supply. Do I just use mine?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on September 04, 2019, 05:17:24 PM
I just got a request to add an AU. Capitol One is asking me for the persons phone number, which the tradeline company didnt supply. Do I just use mine?

No, make one up. Would be helpful if it is in the right area code as their address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 04, 2019, 05:27:21 PM
I always use my number when I have to give a phone number (as with Capital One).

There's no need for it (it doesn't report to the credit bureaus, so it's not helpful for having the TL report), so I'd rather have my number on there, for security purposes and if they call it, I want to be the one answering.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 05, 2019, 10:39:02 AM
I always use my number when I have to give a phone number (as with Capital One).

There's no need for it (it doesn't report to the credit bureaus, so it's not helpful for having the TL report), so I'd rather have my number on there, for security purposes and if they call it, I want to be the one answering.

+1

Got 2 AU adds today for Capital One. Since it's my spouse's card, I just use her old phone number.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ncexpress on September 14, 2019, 07:16:47 PM
I'm new here and I know this thread has been going on for 3 years about these two tradeline companies that pay card holders, but has anyone sold directly to buyers? If so, what's been your experience?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 14, 2019, 09:15:50 PM
I'm new here and I know this thread has been going on for 3 years about these two tradeline companies that pay card holders, but has anyone sold directly to buyers? If so, what's been your experience?

Yes.  Twice.  Both times to members on this board.

You can charge more, because the tradeline company is not taking a cut.

You take on the risk of evaluating the person to see if you're comfortable with adding them as an AU.  You have to manage the timing of the adding and deleting.  You have to communicate terms of the agreement with them, and possibly negotiate or explain the process.  You have to decide how to answer their questions about whether it works, and any other questions they may have.  You have to work out a payment method and you have to ask them for personal information such as name, address, DOB, SSN.  They may not like doing that.

If you're simultaneously selling lines to individuals directly and through a tradeline company, you have to coordinate blocking out a spot with the tradeline company so you can add your private sale; the timing of this may make you lose sales with the tradeline company.  The tradeline company could be bothered by what you're doing, because they could view it as increasing the risk of card shutdowns that you may blame them for, or they may just not like the hassle of blocking slots.

My experience was that the tradeline companies were professional and courteous.  While I didn't explain exactly what I was doing, they weren't born yesterday so I'm sure they knew.  It doesn't seem to have bothered them.

The individuals I worked with were both good and it went smoothly both times.  Both situations worked out somewhat differently and were somewhat better or worse in various respects.  Out of respect for them, since they may still be members and may still be reading this thread, I probably won't comment more specifically than that.

I would probably do it again if the opportunity arose, but probably only to someone I at least sort of know.  I probably wouldn't add a random person without some sort of connection (like this board, or a friend) or via the tradeline company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on September 16, 2019, 07:14:59 AM
Does anyone know what the tax implications are of winning a settlement from Discover for card closure?

Is this settlement considered taxable income?  Is the portion that the lawyer receives from the settlement also taxed? 

Does anyone know if this settlement is considered business income (Schedule C) because it's the result of actions related to the tradeline sales?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: anonymouscow on September 17, 2019, 11:54:59 AM
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!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DanTheYogi 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy 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).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic 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. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Dirigo 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spitfire 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: shingy 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spitfire 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on November 03, 2019, 05:05:37 PM
Too bad my new PNC credit card is only 4 months young.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spitfire 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. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on November 04, 2019, 10:33:12 AM
Thanks Seconcardor.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on November 05, 2019, 06:06:12 AM
Yes, I do open cards with future tradelines in mind.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho 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. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on November 06, 2019, 02:40:27 AM
Can business credit cards be used for tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: topshot 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack 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. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking 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? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking 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).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cornel_Westside 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DadJokes 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj 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
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cornel_Westside 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic 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
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat 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
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Brannen 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,
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on November 25, 2019, 07:37:40 PM
You don't need to worry about the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 25, 2019, 08:19:36 PM
You don't need to worry about the old company.

+1.  Or the new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on November 26, 2019, 01:35:42 AM
How long does it take to get adds?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica 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
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 27, 2019, 11:29:04 AM
You don't need to worry about the old company.

+1.  Or the new company.

+2
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ditkanate 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. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on December 02, 2019, 03:54:25 PM
After multiple inquiries I received my first payments from May (new company)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem 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)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cornel_Westside 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic 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 don’t go overboard mostly IMHO.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster 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!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack 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.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem 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?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy 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
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 05, 2019, 02:31:52 PM
OH - I have been activating each card and then making a small purchase on the activated card! 

Is this NOT required then?

It's recommended by one of the TL companies.  Personally I get them, activate them, file them, then shred them when I remove the AU.  Practice varies, as you can see.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on December 05, 2019, 03:02:05 PM
Ah, thanks folks.

I am with the new company on these cards & appreciate the input.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 05, 2019, 03:51:06 PM
OH - I have been activating each card and then making a small purchase on the activated card! 

Is this NOT required then?

I think it's considered good practice to have a charge on the account, but, it doesn't have to be with that card. But I think you do want to have some balance reported, even if the charge is coming from the primary cardholder's account. Depending on the bank issuer, that may "trigger" reporting the AU's information to the credit bureaus. I guess it's possible that some banks might not bother sending out an update to the bureaus on a $0 balance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 05, 2019, 04:03:49 PM
Oh yes, good clarification. I always do a small charge using my card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on December 05, 2019, 04:08:42 PM
Another thought...
I make the small charge, but I also always pay off the balance in full every 2 weeks.  Is this kosher, or should I allow the balance to float a month?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 05, 2019, 04:09:50 PM
You need to have the statement "close" with a balance. Then you pay it off.

You won't ever pay interest, as you'll pay it off before the due date (but after the statement close date).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on December 05, 2019, 04:11:43 PM
Another thought...
I make the small charge, but I also always pay off the balance in full every 2 weeks.  Is this kosher, or should I allow the balance to float a month?

You need to pay the balance off after the billing cycle closing date, but before the payment due date. This insures the balance gets reported to the credit reporting agencies, but you won't have to pay any interest.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on December 05, 2019, 04:18:05 PM
Thank you both!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Tryingtogetby50 on December 05, 2019, 07:51:28 PM
Hey all! For anyone adding AU’s to USSA accounts, have any of your accounts been closed?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 05, 2019, 08:05:35 PM
Hey all! For anyone adding AU’s to USSA accounts, have any of your accounts been closed?

No, but they spoke with me once after I had added a number of AUs and guilted me into stopping on that card.

USAA seems to trigger on having 3 AUs on at any given time.  Also, one of the companies has advice about deleting the AU's customer profiles as you go along.  I never bothered doing this, and suspect it was part of what led to my lecture from them.  I still have like 13 acquaintances associated with my profile, which is obviously a lot from their perspective.

So if I were to give advice, it would be to never do more than 2 at a time at USAA, and delete/disassociate their profiles as you go along, as the TL companies recommend.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 06, 2019, 06:48:47 AM
Hey all! For anyone adding AU’s to USSA accounts, have any of your accounts been closed?

No, but they spoke with me once after I had added a number of AUs and guilted me into stopping on that card.

USAA seems to trigger on having 3 AUs on at any given time.  Also, one of the companies has advice about deleting the AU's customer profiles as you go along.  I never bothered doing this, and suspect it was part of what led to my lecture from them.  I still have like 13 acquaintances associated with my profile, which is obviously a lot from their perspective.

So if I were to give advice, it would be to never do more than 2 at a time at USAA, and delete/disassociate their profiles as you go along, as the TL companies recommend.

I'll piggyback onto this. I still use my USAA card for tradelines and sell 5-6 slots per year. Never have ore than 2 AU's on the card at any one time. It's a PITA adding AU's, especially when you get an incompetent CSR. However, it's by far my biggest money maker since I have had the card for almost 18 years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 06, 2019, 07:44:22 AM
Barclays has a box that I uncheck that says "send a card".  Then I'm able to put in both the ss# and the address of the AU and don't have to worry that a card will be sent to them.  It won't be, but that avoids a worry.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on December 06, 2019, 04:03:55 PM
just received a voicemail with something akin to:

Hello, this is agent 'bob smith' with westlake location services attempting to contact 'tradeline named individual'
It is critical that 'tradeline named individual' returns this call or we will move ahead with proceedings as referenced in the certified mail shown as delivered on data 'x'
We may be reached 24 hours at phone number xxx

Thoughts folks?  I added this tradeline individual on 8/19
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 06, 2019, 04:09:55 PM
just received a voicemail with something akin to:

Hello, this is agent 'bob smith' with westlake location services attempting to contact 'tradeline named individual'
It is critical that 'tradeline named individual' returns this call or we will move ahead with proceedings as referenced in the certified mail shown as delivered on data 'x'
We may be reached 24 hours at phone number xxx

Thoughts folks?  I added this tradeline individual on 8/19

Does anyone read what the tradeline companies' documents say?

First, they shouldn't have your phone number associated with the AU, so you did something wrong there.  Second, you're supposed to report any attempted contact by an AU to the TL company.  They'll take care of it.  Third, don't call the "xxx" phone number back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on December 06, 2019, 04:12:15 PM
1 - I've never given phone number out in this process
2 - Already did :)
3 - 100% agreed
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on December 06, 2019, 04:34:53 PM

......
First, they shouldn't have your phone number associated with the AU, so you did something wrong there. 

This is not necessarily true, OP may have done everything correctly.
Your address will often (always?) show up on the AUs credit report. And it's not that difficult to associate a phone number with an address. Especially if it's a landline that's been at that address for years.

I agree, don't call back and let the AU company know.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 06, 2019, 04:38:33 PM
1 - I've never given phone number out in this process
2 - Already did :)
3 - 100% agreed

Sounds good.  If I got a call I would be curious to figure out how they got my number.  The most likely thing is that you listed your phone number as the AU's number when you added them to your account.  Another likely thing is that you listed your address as the AU's address and your phone number is associated with your address somehow.  I've never done the former, but the latter has happened to me once.

(I'm saying "you" for convenient grammar, but I'm really speaking generally and not at you in particular.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on December 06, 2019, 05:33:18 PM
No offense taken - I appreciate the timely insights

edit:  per Tradeline company
Disregard the message(s).  It is a collection call on behalf of the AU.  If they call again you can tell them you have no affiliation with them and if they continue to contact you you will report them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on December 09, 2019, 08:41:53 AM
just received a voicemail with something akin to:

Hello, this is agent 'bob smith' with westlake location services attempting to contact 'tradeline named individual'
It is critical that 'tradeline named individual' returns this call or we will move ahead with proceedings as referenced in the certified mail shown as delivered on data 'x'
We may be reached 24 hours at phone number xxx

Thoughts folks?  I added this tradeline individual on 8/19
Sounds like a collections agency call call. If they are persistent in calling you about a former AU, you can tell them that you are no longer in contact with the person. I've gotten collection calls for people I actually know, but usually they just leave off after one message. They're trying to use any avenue to contact the person, but they also don't want to waste their time. The only persistent collections calls I've gotten were for my late father. Those generally gave up after I explained that the estate was insolvent and very unlikely to pay anything to any creditor.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kem on December 09, 2019, 12:42:29 PM
Thanks robartsd
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on December 11, 2019, 07:37:50 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.


I hate to give up money for work I could do myself, but at this point I’m obviously too lazy to file anything solo.  Did he me mention what the statute of limitations is on these claims?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on December 11, 2019, 07:40:45 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.)

Fair, You probably have a better summary of the data.  I was going on a few anecdotes here that stuck out in my mind as not being heavy use, but if the data shows that higher use increases risk I agree my reasoning  wouldn’t apply
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on December 12, 2019, 08:42:38 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.


I hate to give up money for work I could do myself, but at this point I’m obviously too lazy to file anything solo.  Did he me mention what the statute of limitations is on these claims?

I don't know, but you can private message PointsLawyer.
If you have better things to do with your time then have him handle it for you. He's a nice guy and is from Columbus Ohio.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jdnews0614 on December 16, 2019, 09:00:04 PM
First post here...
I started selling tradelines with another non-MMM endorsed company (not the OLD or the NEW) company discussed here in February 2019. I got orders pretty much every month that I marketed, mostly every other month 1-2 users. I sold a 31k 14 year Citi, 30k 2 year Discover, and 15 year 10k Capital One. Made a pretty good amount. Started marketing with the NEW company in maybe April/May. I've had 2 orders total so far. One on Discover and one on Capital one. Payment on the Discover took about 4 months with multiple emails. Super frustrating. Capital one user is still added and no payment yet.

Got a call from the Capital One fraud department this week and my card is restricted. Asking for copies of the social security card and drivers license of ALL AUs I've ever added, which is 8 in total (including 6 from other company, 1 from NEW company, and my husband, who was added over a decade ago). Contacted other company and they were semi-helpful, I got most of the SS cards and DLs from 2 AUs added this month. Erica from NEW company basically said...in so many words...they are shutting down your card we're not helping you and no we don't get ID from our customers.

I'm...peeved. I thought that this new company would at least TRY to support us in case of an audit/restriction. Clearly they know capital one does this, so why not require the DL and SS card if you order a tradeline? Makes sense to me.

Anyway, right now my plan is to stall with capital one as long as possible, it's my oldest credit line and I'll be bummed if it closes. I'm uncertain if I should send all the documents I have in terms of DL and SS cards for AUs to capital one or just ignore them. Or just call them every 2 weeks and say I'm still working or getting the documents for the foreseeable future and hope they give up? I seem to remember reading here that people had restricted cards for like 6 months or more and when they called they got the restriction removed easily.

Has anyone here successfully gotten and capital one restriction removed and kept your card open? Or am I doomed regardless and I should just ignore CO until I get the cancellation notice?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 17, 2019, 10:25:48 AM
Had the exact same thing happen to my Capital One card a couple of years ago. They put a restriction on it and asked for all of that documentation, Erica said "they are closing your account, sorry but there's nothing we can do about it", etc. etc. I decided to just ignore Capital One's requests and they never did close my account - although it was restricted and I was unable to use it. A year or so later, I thought what the hell, let's see if we can get that removed. Called Capital One and after a five minute phone call, was told the account should have never been restricted and was offered an apology! They removed the restriction and I've been using the card periodically ever since.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on December 17, 2019, 11:51:27 AM
First post here...
I started selling tradelines with another non-MMM endorsed company (not the OLD or the NEW) company discussed here in February 2019. I got orders pretty much every month that I marketed, mostly every other month 1-2 users. I sold a 31k 14 year Citi, 30k 2 year Discover, and 15 year 10k Capital One. Made a pretty good amount. Started marketing with the NEW company in maybe April/May. I've had 2 orders total so far. One on Discover and one on Capital one. Payment on the Discover took about 4 months with multiple emails. Super frustrating. Capital one user is still added and no payment yet.

Got a call from the Capital One fraud department this week and my card is restricted. Asking for copies of the social security card and drivers license of ALL AUs I've ever added, which is 8 in total (including 6 from other company, 1 from NEW company, and my husband, who was added over a decade ago). Contacted other company and they were semi-helpful, I got most of the SS cards and DLs from 2 AUs added this month. Erica from NEW company basically said...in so many words...they are shutting down your card we're not helping you and no we don't get ID from our customers.

I'm...peeved. I thought that this new company would at least TRY to support us in case of an audit/restriction. Clearly they know capital one does this, so why not require the DL and SS card if you order a tradeline? Makes sense to me.

Anyway, right now my plan is to stall with capital one as long as possible, it's my oldest credit line and I'll be bummed if it closes. I'm uncertain if I should send all the documents I have in terms of DL and SS cards for AUs to capital one or just ignore them. Or just call them every 2 weeks and say I'm still working or getting the documents for the foreseeable future and hope they give up? I seem to remember reading here that people had restricted cards for like 6 months or more and when they called they got the restriction removed easily.

Has anyone here successfully gotten and capital one restriction removed and kept your card open? Or am I doomed regardless and I should just ignore CO until I get the cancellation notice?

I had two capital one cards.  Both were restricted about 3 years ago.  I got the DLs and SS cards for all the AUs for one card, and CapOne removed the restriction. 

The other card was a low limit card and not getting high enough commissions or sales, so I didn't bother with getting the additional documents.  It remains "restricted", meaning it's still open, aging, and actively reporting to the credit bureaus, but I can't use it for purchases.  One day I plan to do what @ducky19, call and feign ignorance, hoping someone will be able to just un-restrict it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 17, 2019, 12:57:13 PM
My Rule #1 for every single card I use for tradelines:  Expect them all to be shut down.

If you can't live with that, don't use that card.  I just recently put one of my Chase cards back on the market.  I had pulled it because it was one of my older cards and I have several other Chase cards and I do know that if Chase shuts you down, all of the cards are getting shut down.  I realized I don't use any of their cards and my score is in the 825 range, so who cares (I don't) if they shut me down.

If I were ever to get a question from a card company asking for information on an AU, I'd either say "No" or tell them "Sure", then do nothing and wait for the closing to come.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 17, 2019, 01:17:36 PM
Yep, I have no problem burning a card. If it gets shut down, fine. Have to be OK with that.

The credit card company can "ask" for whatever they want. I don't have to give it to them. They don't have the time to chase after me.

Most banks I have several cards with. If I'm getting heat on one, I have no problem telling the CSR "yeah, sure, I'll get back to you", hanging up, then calling another CSR ten minutes later and asking to transfer my credit limit to another card I have with them. Take my 10K citi card A and move that to my 1k other citi card B. Then if the one getting heat gets shut down, I still have the credit limit on another card. Open a new card and move on.


Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jdnews0614 on December 17, 2019, 06:38:01 PM
Had the exact same thing happen to my Capital One card a couple of years ago. They put a restriction on it and asked for all of that documentation, Erica said "they are closing your account, sorry but there's nothing we can do about it", etc. etc. I decided to just ignore Capital One's requests and they never did close my account - although it was restricted and I was unable to use it. A year or so later, I thought what the hell, let's see if we can get that removed. Called Capital One and after a five minute phone call, was told the account should have never been restricted and was offered an apology! They removed the restriction and I've been using the card periodically ever since.

Interesting. I can't decide if I should do the same as you and ignore them or go ahead and send the documents I do have and hope it's enough. I only for sure have 3 of 8 users with both DL and SS card. Not sure if sending some would be worse than sending nothing. Might get more, waiting on tradeline company. Although if I was an AU that purchased a tradeline and the company contacted me 6 months later asking for a copy of my drivers license I would think they were crazy. The tradeline company should definitely get them up front when they purchase the lines to protect cardholders.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 17, 2019, 06:50:39 PM
The tradeline company should definitely get them up front when they purchase the lines to protect cardholders.

Maybe.  Since only a small percentage of added AU's have problems, getting documents upfront on 100% of the customers to address problems with the 5% (?) may not be very efficient.  Also, asking customers for that kind of stuff may result in lost sales.  Finally, keeping that kind of information is a security / id theft nightmare waiting to happen for the TL companies.

I'd like it if they did, but I can certainly understand if/why they don't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bernardnb on December 18, 2019, 08:41:34 AM




Interesting. I can't decide if I should do the same as you and ignore them or go ahead and send the documents I do have and hope it's enough. I only for sure have 3 of 8 users with both DL and SS card. Not sure if sending some would be worse than sending nothing. Might get more, waiting on tradeline company. Although if I was an AU that purchased a tradeline and the company contacted me 6 months later asking for a copy of my drivers license I would think they were crazy. The tradeline company should definitely get them up front when they purchase the lines to protect cardholders.


You can try, but I doubt only providing some of them will work.

I also currently have a card that is "restricted" and has been for about 2 years.  They initially asked for DL and SS cards for all AU's ever added.  Working with the tradeline company I use (neither of the two recommended here) I was able to get 23 of the 25 properly cleared.  The problem with the remaining two were that the SS cards were not signed. The company was not able to reach back out and get signed versions.

After about a year of being restricted I tried calling Cap One back.  I said something like "I haven't used this card in a while and see it's restricted, anyway to get that lifted"?  They immediately referenced the documents needed on the two outstanding users.

Still worth a shot to try, but I wouldn't expect much.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jdnews0614 on December 18, 2019, 09:29:30 PM

Maybe.  Since only a small percentage of added AU's have problems, getting documents upfront on 100% of the customers to address problems with the 5% (?) may not be very efficient.  Also, asking customers for that kind of stuff may result in lost sales.  Finally, keeping that kind of information is a security / id theft nightmare waiting to happen for the TL companies.

I'd like it if they did, but I can certainly understand if/why they don't.

I mean they clearly already have all that information. It being in image/picture form instead of in an excel spreadsheet hardly seems worse or less secure. I get an excel spreadsheet with my authorized users name, address, dob, ssn, mothers maiden name, the whole nine. And I think the numbers of people selling tradelines having problems with restrictions/shut-downs is MUCH higher than 5%. Most likely over 50%, maybe approaching 80%. I have absolutely no data for this, I just think if you do it enough it's just part of the game. I knew it was a risk when I started, I guess I just wasn't expecting it so early with so few adds. 7 users plus my husband for a 15 year card doesn't seem that "excessive" to me.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 18, 2019, 10:00:18 PM

Maybe.  Since only a small percentage of added AU's have problems, getting documents upfront on 100% of the customers to address problems with the 5% (?) may not be very efficient.  Also, asking customers for that kind of stuff may result in lost sales.  Finally, keeping that kind of information is a security / id theft nightmare waiting to happen for the TL companies.

I'd like it if they did, but I can certainly understand if/why they don't.

I mean they clearly already have all that information. It being in image/picture form instead of in an excel spreadsheet hardly seems worse or less secure. I get an excel spreadsheet with my authorized users name, address, dob, ssn, mothers maiden name, the whole nine. And I think the numbers of people selling tradelines having problems with restrictions/shut-downs is MUCH higher than 5%. Most likely over 50%, maybe approaching 80%. I have absolutely no data for this, I just think if you do it enough it's just part of the game. I knew it was a risk when I started, I guess I just wasn't expecting it so early with so few adds. 7 users plus my husband for a 15 year card doesn't seem that "excessive" to me.

I don't know if they have images or not.  I suspect practices might vary by TL company.  For those who have received images of SS cards or DLs, I think the TL company probably does get those at the time of sale.  It's also possible that a disorganized TL company might get copies some or most of the time but not all of the time.

My 5% is an estimate is based on my personal experience.  I like to believe there are things I do that keep my failure rate low, but I may be fooling myself.  Regardless, like you, I'm comfortable with the risk.

Messy as it might be, I personally am always interested in data points when issues do happen, so we can both (a) more accurately assess the risk(s), and (b) possibly modulate our behavior better.  My suspicions are:  (1) Risky AUs - ones from sketchy TL companies or ones that slip through somehow - are the biggest risk factor, (2) total number of AUs over the history of the card - I suspect CC companies run reports with thresholds and take closer looks at people with "high" numbers, and (3) number of AUs at a given time - I suspect CC companies have policies or systems in place to limit the number to what they consider reasonable.  I don't know which of those, or if another factor, happened to get you.  I also think the CC companies' CSRs vary considerably in their attitudes towards piggybacking, so some of it may just be luck of the draw.  Personally I don't begrudge the CC companies taking adverse action against piggybackers, but I certainly appreciate it when they don't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DeniseNJ on December 19, 2019, 10:38:21 AM
Is there a reason that we don't or can't name companies here?  Can we hear from ppl who have used other companies and their experiences?  I've found two other companies online called Tradeline Supply Company and Boost My Score (not OLD or NEW that are referenced on this thread) and was wondering if anyone had any dealings with them. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 19, 2019, 11:14:21 AM
Is there a reason that we don't or can't name companies here?  Can we hear from ppl who have used other companies and their experiences?  I've found two other companies online called Tradeline Supply Company and Boost My Score (not OLD or NEW that are referenced on this thread) and was wondering if anyone had any dealings with them.

Google. Unless we make this thread private, adding in tradeline company names raises the search engine profile. For awhile it was private, but people wanted the discussion public so more people could chime in, so we decided not to use company names.

I'm happy to share information about those companies, but there's a reason why I can only recommend two in the many I've researched: how they verify AUs. It's just not worth it to me to use a company that doesn't verify AUs in a way that I think protects the cardholder.

Feel free to discuss other companies, but maybe use an acronym if possible? (Easy enough to Google tradeline companies)

TLS in particular has a lot of bad business practices. Try signing up with them and you'll immediately see them ask for your Credit Karma password. If that's not a terrible security practice, I don't know what is. Heard from someone recently about a bad experience with their owner after having cards shut down with them.

As always, feel free to PM me, happy to discuss why I recommend what I do. And plenty of people do use other TL companies as well, with varying results (sometimes good, sometimes not so much).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on December 20, 2019, 01:08:28 PM
I got an add today without a SSN
mail says no SSN or BD needed
this is a first

I asked rep E. of new company about it and she said that's fine and they have a way to "force" the line posting

Anyone have any insight on this.
I am curious what additional measures they take to make the line post
didn't want to ask company though
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 20, 2019, 03:07:25 PM


I got an add today without a SSN
mail says no SSN or BD needed
this is a first

I asked rep E. of new company about it and she said that's fine and they have a way to "force" the line posting

Anyone have any insight on this.
I am curious what additional measures they take to make the line post
didn't want to ask company though

That's a weird one. I haven't had that.

Personally I would:
- Confirm with them that they verified the identity and that they are an American citizen (usually asked by the CC issuer)
- I'd request that you get paid regardless of if the AU post or not, if they're going to use a way that doesn't include SSN, and thus might have a higher chance of not posting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on December 20, 2019, 03:30:12 PM
Denise NJ -- I had good experience with TLS they  did ask for my Credit Karma password though and I gave it, and changed my password afterwards.  they also sent 1099. I did get shut down on BOA but I added like 4 users. I dont use them anymore, they did give me alot of business though.

Another  good card is TD bank, They tolerate a lot of users without any trouble. i have 7-9 on mine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on December 20, 2019, 05:01:52 PM
Denise NJ -- I had good experience with TLS they  did ask for my Credit Karma password though and I gave it, and changed my password afterwards.
That's true. If you're not uncomfortable sharing all of the CK information with a company, there's not much risk in sharing a password and changing it once they gather the information they need. Even if you use the same password on other sites (definitely not recommended), you could change it to something unique temporarily to share with the company then change it back immediately after they've verified the information they wanted from CK.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on December 20, 2019, 08:54:27 PM
Denise NJ -- I had good experience with TLS they  did ask for my Credit Karma password though and I gave it, and changed my password afterwards.  they also sent 1099. I did get shut down on BOA but I added like 4 users. I dont use them anymore, they did give me alot of business though.

Another  good card is TD bank, They tolerate a lot of users without any trouble. i have 7-9 on mine.

For which company do you use your TD Bank credit card?  I don't think the old company uses that one. So is it with TLS?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on December 21, 2019, 08:01:55 AM
Denise NJ -- I had good experience with TLS they  did ask for my Credit Karma password though and I gave it, and changed my password afterwards.
That's true. If you're not uncomfortable sharing all of the CK information with a company, there's not much risk in sharing a password and changing it once they gather the information they need. Even if you use the same password on other sites (definitely not recommended), you could change it to something unique temporarily to share with the company then change it back immediately after they've verified the information they wanted from CK.

CK doesn't really have any info that's not in your normal credit report right?  Seems like they just don't want to pay to run your credit report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on December 21, 2019, 10:13:05 AM
Yes TLS has to verify your cards and age limit that was mabe 2 years ago, They may have changed their policy.
TD bank card I use with another TLC not the old or the new, and not TLS.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 22, 2019, 09:32:33 AM
A question about Barclaycard.

I have reached the tradeline limit on one of my cards and want to try changing the product and see if it resets the limit. To test it, i'll have to try to add a new AU, maybe a relative or friend, but I don't want their name to be reported to any bureaus as my AU. If I add an AU well before the statement date and then remove it immediately, how likely is it that Barclays will post the AU to any bureaus?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on December 22, 2019, 04:37:52 PM

That's a weird one. I haven't had that.

Personally I would:
- Confirm with them that they verified the identity and that they are an American citizen (usually asked by the CC issuer)
- I'd request that you get paid regardless of if the AU post or not, if they're going to use a way that doesn't include SSN, and thus might have a higher chance of not posting.

Hmmm, thanks for the insight. At that time I had already added them, so I know I don't have a ton of leverage anymore.
But I still asked as you suggested.
She said, it's not guaranteed that it posts. Regarding the citizenship issue she said, that "yes" is the default and that the cc companies don't care.

I dunno, I'll see how this one goes, but I don't get warm fuzzy feelings about this whole reporting things that are not true.

Recent immigrants are good candidates for au spots, because they need to build their credit.
As an immigrant myself I understand that very well.
So I was always surprised that we were told to respond yes to citizenship.
But I never questioned that, because ARS said new company has good processes in place.

I'll see how this one pans out, but as you have a lot more insight into these things ARS, maybe it's something you could look into from your side?
Maybe new company has changed how they follow certain procedures from when you looked into this first..
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 22, 2019, 05:48:44 PM
My understanding is you always say yes because they're always a citizen--they only take US citizens. New immigrants are prime candidates to be helped by this, but it would be new citizens who have no credit.

If she said something that seems to counteract this, please PM me details.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 22, 2019, 06:48:58 PM
FYI: I had a non-US citizen AU with old co a while back.  They did not instruct me to say yes on citizenship question, by the way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on December 22, 2019, 10:54:34 PM
My understanding is you always say yes because they're always a citizen--they only take US citizens. New immigrants are prime candidates to be helped by this, but it would be new citizens who have no credit.

If she said something that seems to counteract this, please PM me details.
pming you
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FireAnt on December 31, 2019, 07:49:42 PM
Applying for the "new" company and this was replied (along with other information) "PLEASE NOTE:  Due to the overwhelming response from MMM members our supply is incredibly high and we cannot guarantee when you will get adds to your cards.  You could get adds in the next week or it could be in approximately 10-12 weeks.  Getting adds to your cards is dependent on what cards) our clients choose based on their needs and what credit goals they are trying to accomplish with the addition of the tradelines."

I'm wondering if I should go to the old company? Would that make a difference? I have a Cap1 card with $13k limit, 12 years old.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 31, 2019, 08:53:57 PM
I'm wondering if I should go to the old company? Would that make a difference? I have a Cap1 card with $13k limit, 12 years old.

It's hard to tell.  I'm sure everyone wants sales, and those who aren't getting sales may decide to switch from old to new or vice versa.  Switching might help or hurt, and I don't know of any way to figure out which company has more of an excess supply.  I suspect, but don't know, that they both have quite a supply right now due to this thread.

It does seem that they just present the cards to customers and the customers pick based on their own preferences.  I suspect, but don't know, that the companies might only (or might preferentially) present cards that have upcoming closing dates in order to maximize throughput and sales.  That's what I'd try, anyways.  All the customer probably knows is the issuer, credit line, and price to buy a slot, plus maybe how many cycles they'll get as an AU.  I have no idea how they sort them to the customer - maybe the customer can sort by age, credit limit, or price.  I don't believe that they guide customers to any particular person's card.

So if you enroll with either company, you're hoping that your card stands out in the crowd.  12 years is an old card, but $13K is a relatively low limit in terms of piggybacking.  It's hard to predict how it would sell given that those two factors might cancel each other out a bit.

And the companies aren't going to go through anything special to market your cards versus mine or anyone else's.  One of the companies did do a thing once where they would let you decide to lower your commission (which they probably then discounted to the end AU) so you might get more sales at a lower rate.  I never did that and don't know if that's currently a thing, but you could inquire if that interested you.

I have one card that seems to be quite popular relative to the others, and I really don't know why.  I have another card which I thought would be more popular but it rarely gets sales.  I don't get it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EscapeVelocity2020 on December 31, 2019, 09:27:41 PM
I'd love to know, for anyone willing to share, an approximate figure of what your 2019 income was.  It doesn't have to be detailed, like how many cards and or how many sales, but in general, I'd like to know if this is a 20-40k/yr side gig or a 2-4k/yr side gig.  I have some valuable cards and could start applying for new cards to season them, but I'm only really interested if this really is a 20k-ish side gig.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 31, 2019, 10:13:26 PM
I'd love to know, for anyone willing to share, an approximate figure of what your 2019 income was.  It doesn't have to be detailed, like how many cards and or how many sales, but in general, I'd like to know if this is a 20-40k/yr side gig or a 2-4k/yr side gig.  I have some valuable cards and could start applying for new cards to season them, but I'm only really interested if this really is a 20k-ish side gig.

It likely isn't a 20k+ gig anymore, but solid low five-figures if you have the cards. If you're seasoning new ones, it won't be. Then likely low four-figures. If you just have a single card or two that's eligible, low three figures.

First, it depends on the details of the cards (their limits and ages and especially how many you have enrolled) for how many sales you get.

I know a few people making low five figures (10-15k range) per year. Based on information I have of MMM members, I'd say the average person has 1-2 cards enrolled, sees a sale or two every few months and makes $600-$1500 per year.

Regardless of what you make, the main benefit is the lack of time/effort required. It pays about $1000/hour because it takes about 5 minutes to add someone, 5 minutes to remove them two months later, and you get paid $150-200 for that effort. So whether you're doing it 60+ times a year and making 10k+ (and spending 10 hours a year doing it) or doing it 6 times a year (and spending 1 hour a year doing it, making about $1000 doing it), the effort to amount ratio is well worth it, for me personally.

If it's only worth it to you if you make 20k doing it for 20 hours (~2 hours/mo, say 10 AUs/mo), it likely won't be that. You'd want a dozen+ cards, old/high limits. More doable if you have a spouse with lots of cards.

I think it's most valuable for those new to MMM--still getting their financial stuff together, perhaps in debt, wanting a side-gig to accelerate things, but don't know where to start or don't have a lot of time. Even a few hundred or few thousand bucks can make a big difference to them, and the amount of effort or energy required is so low that it's huge to them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EscapeVelocity2020 on January 01, 2020, 12:18:56 AM
Not discounting 2k/yr, that is 50k stache you don't have to save and seems pretty easy.  Anyone consistently making over 10k/yr?  Or maybe any strategies to get to a consistent 10k or more per year?  Thanks for being upfront everyone, I'd really hate to lose access to credit over something over-hyped.  Not that I need revolving credit for funding, but it does make life easier.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FireAnt on January 01, 2020, 08:23:46 AM
I'm wondering if I should go to the old company? Would that make a difference? I have a Cap1 card with $13k limit, 12 years old.

It's hard to tell.  I'm sure everyone wants sales, and those who aren't getting sales may decide to switch from old to new or vice versa.  Switching might help or hurt, and I don't know of any way to figure out which company has more of an excess supply.  I suspect, but don't know, that they both have quite a supply right now due to this thread.

It does seem that they just present the cards to customers and the customers pick based on their own preferences.  I suspect, but don't know, that the companies might only (or might preferentially) present cards that have upcoming closing dates in order to maximize throughput and sales.  That's what I'd try, anyways.  All the customer probably knows is the issuer, credit line, and price to buy a slot, plus maybe how many cycles they'll get as an AU.  I have no idea how they sort them to the customer - maybe the customer can sort by age, credit limit, or price.  I don't believe that they guide customers to any particular person's card.

So if you enroll with either company, you're hoping that your card stands out in the crowd.  12 years is an old card, but $13K is a relatively low limit in terms of piggybacking.  It's hard to predict how it would sell given that those two factors might cancel each other out a bit.

And the companies aren't going to go through anything special to market your cards versus mine or anyone else's.  One of the companies did do a thing once where they would let you decide to lower your commission (which they probably then discounted to the end AU) so you might get more sales at a lower rate.  I never did that and don't know if that's currently a thing, but you could inquire if that interested you.

I have one card that seems to be quite popular relative to the others, and I really don't know why.  I have another card which I thought would be more popular but it rarely gets sales.  I don't get it.

Okay, well - I'll try and see what happens. I'm a little bummed to be so late to the game.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 01, 2020, 12:02:06 PM
Last year, I pulled in about $1500.  I added cards during the year.  3 with new company, 7 with old company.  5 of the old company ones are low credit, newer ones, bringing $25 for 2 months.  They're by far the most consistent with 2 adds each every period.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 02, 2020, 07:47:09 AM
If you use a card for selling tradelines (Barclaycard in my case), when is it safe to lower its credit limit so that existing AUs are not affected?

For example. Let's say my statement date is Jan 1. I added an AU on Dec 30 and it has already posted. The tradeline company requires that I keep the AU for about two months, so until end of February. Can I lower my credit limit on this card after January 1? February 1? March 1?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 02, 2020, 08:38:55 AM
They are paying to have that line (age/credit) through the time you have them as an AU. So I'd say until you remove them (aka the whole two month period, or 3-month cycle with some cards/companies).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 02, 2020, 08:57:56 AM
If you use a card for selling tradelines (Barclaycard in my case), when is it safe to lower its credit limit so that existing AUs are not affected?

For example. Let's say my statement date is Jan 1. I added an AU on Dec 30 and it has already posted. The tradeline company requires that I keep the AU for about two months, so until end of February. Can I lower my credit limit on this card after January 1? February 1? March 1?

It's totally safe the day after they tell you to remove the AU.  Any sooner risks losing your commission.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 02, 2020, 11:27:48 AM
Has the pay table changed with the new company recently? Seems like in the portal some of the fees are different, and I don't think they've sent me an email with new rates. For example I'm still carrying an AU from a few months ago and the fee is 100, but for a more recent AU the fee is 50.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on January 03, 2020, 03:57:51 AM
I made 5K in 2019, If I billed for December would have been close to 6K, I have my own buyer not the recommended companies. 20 K is a lot to ask from this job. I find myself scrambling with 6cards. If I up it to 8 then it seems every weekend I have to call in a few users. To make 20 k would be about 15 Au per month, so you need minimum 8 cards to support that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 03, 2020, 06:37:53 AM
I made around 5K as well this year with between 5-7 cards as I added a couple more later in the year. Making 10K seems like a huge stretch and would require a lot more cards. It also relies in consistent sales, not getting your cards shut down, running out of AU spots, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jdnews0614 on January 03, 2020, 06:29:11 PM
I'd love to know, for anyone willing to share, an approximate figure of what your 2019 income was.  It doesn't have to be detailed, like how many cards and or how many sales, but in general, I'd like to know if this is a 20-40k/yr side gig or a 2-4k/yr side gig.  I have some valuable cards and could start applying for new cards to season them, but I'm only really interested if this really is a 20k-ish side gig.

I started selling a $31k Citi 15 year and $30k Discover 2 year in February 2019, and a $12k Cap One 15 year in July. Had consistent sales (1-2 every month or 2 depending on the card) on all 3 cards and made a little over $6k. Cap One got restricted in December so I'm probably out for a while. Part of the game I suppose.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Truthseeker on January 04, 2020, 06:45:25 AM
Curious to get the experiences of others who have had their cards shut down. Between my wife and I we had about 10 cards (Barclays, Chase, Discover, and Capital One) and made $12,350 last year. Unfortunately, in September Chase shut down all of my Chase cards and my wife's. We tried again and again to get someone to tell us what, if anything, we could do to get the cards activated again, but it was like talking to a wall. Now on New Years day we had all our Capital One cards shut down. They wanted a copy of the front and back of each AUs driver's license and SS card. Obviously we don't have that. I just issue this as a warning for others that just see the easy money. It was literally a $1,000/hr side hustle while it worked. However, we didn't just lose the credit cards we had with the tradeline company, all our cards with a particular vendor (Capital One and Chase) in this case were shut down whether we used them for tradelines or not. Give this some serious thought before you add cards or have other cards with a vendor that you can't afford to lose because of their age or credit limit. Our credit score took a huge hit. To be clear, we didn't get greedy and only added 2 AUs to a card at a time and followed all other guidelines from the tradeline company.

All this to say, I have two questions for those who have experienced something similar:

1. Has anyone had any luck convincing the credit card companies to re-open accounts they have restricted or shut down for suspected tradeline activity?
2. Has anyone tried applying for cards in the future with the same vendor who shut down their accounts? For example, I obviously want to continue travel hacking and want to apply for Chase cards again in the future. Am I able to do so or am I essentially blacklisted in the future based on my current cards being shut down? Any thoughts?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 04, 2020, 09:34:52 AM
Curious to get the experiences of others who have had their cards shut down. Between my wife and I we had about 10 cards (Barclays, Chase, Discover, and Capital One) and made $12,350 last year. Unfortunately, in September Chase shut down all of my Chase cards and my wife's. We tried again and again to get someone to tell us what, if anything, we could do to get the cards activated again, but it was like talking to a wall. Now on New Years day we had all our Capital One cards shut down. They wanted a copy of the front and back of each AUs driver's license and SS card. Obviously we don't have that. I just issue this as a warning for others that just see the easy money. It was literally a $1,000/hr side hustle while it worked. However, we didn't just lose the credit cards we had with the tradeline company, all our cards with a particular vendor (Capital One and Chase) in this case were shut down whether we used them for tradelines or not. Give this some serious thought before you add cards or have other cards with a vendor that you can't afford to lose because of their age or credit limit. Our credit score took a huge hit. To be clear, we didn't get greedy and only added 2 AUs to a card at a time and followed all other guidelines from the tradeline company.

All this to say, I have two questions for those who have experienced something similar:

1. Has anyone had any luck convincing the credit card companies to re-open accounts they have restricted or shut down for suspected tradeline activity?
2. Has anyone tried applying for cards in the future with the same vendor who shut down their accounts? For example, I obviously want to continue travel hacking and want to apply for Chase cards again in the future. Am I able to do so or am I essentially blacklisted in the future based on my current cards being shut down? Any thoughts?

From the first post in this thread:

"What if the credit card company finds out? What if my card gets shut down?

That's the big (potential) drawback to this: your credit card company might close the card.  The tradeline companies I use do some things to mitigate this, like I mentioned above: having you leave the AU on for two months instead of one, limiting certain cards to only 2 tradelines (other companies that have been less likely historically to close cards they do up to 5 tradelines).

In a worst-case scenario, the credit card company may shut down other lines and accounts you have with them besides that one card, and/or refuse to issue you new cards.  Chase is the only one I'm aware of that does this, so be careful with them, but the other companies, if they shut your card down (which is rare) will likely only shut down that one single card, not any other accounts with them, nor refuse to issue you any new credit."

Which company did you use?  New or Old or a different one?

1.  I seriously doubt you will get those cards reopened.  You could try and report back and be the datapoint you wish to see in the world.

2.  See the above quote from the first post in this thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 04, 2020, 11:54:14 AM
Damn, sucks you got so many shut down at once.

I don't use Chase at all--not worth the risk to me for them to shut down everything. They are the one who will do that, as far as I'm aware. And I have a lot of cards with them, and like 400k UR points.

I've had a B of A shut down (and my wife as well), but we continue to have other cards with them (and sell tradelines on the other cards, even). They don't seem to mind.

I've had a Capital One shut down, but just had the one card with them, so I don't know if they would have shut down other cards. Good to know they shut down multiple on you, though that sucks. I don't think anyone else has reported having multiple shut down from anyone but Chase, that I recall.

Hopefully you can, after awhile, get access to reopening new cards with them, even if they don't reinstate those ones.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 04, 2020, 01:15:52 PM
The big 3 that are well known to scrutinize more than average are Chase, Cap One and Discover.  If you sell tradelines on these, expect to be burning the card.  I sell all 3 and expect to be shut down at some point. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on January 04, 2020, 02:57:07 PM
Bank of America shut down both my cards for tradeline activity. Dont know if I am blacklisted  I may apply for more in the future.
Cap One did restrict my account, but they only wanted my social security and proof of US residency, so I eventually gave them the documents they re opened my account and i used them right away for tradelines no more than 2-3 users at a time.

I think you did well with 12 K in tradelines! be happy with that. I dont know how anyone can save up all those UR points AREBELSPY you obviously have the touch...Outstanding. I do play with chase but not getting too many adds from those cards lately.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 08, 2020, 11:37:26 AM
for those that have had cards shut down, did you have a chance to use your rewards pts/$ afterwards? or they did burn once the acct card got closed?
Since most with Chase UR pts are saving them up for better exchange rate for travel rather than consistently cashing them out, potential dangerous situation there?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 08, 2020, 11:57:38 AM
for those that have had cards shut down, did you have a chance to use your rewards pts/$ afterwards? or they did burn once the acct card got closed?
Since most with Chase UR pts are saving them up for better exchange rate for travel rather than consistently cashing them out, potential dangerous situation there?

The general rule is that if the points are associated with the credit card (like Chase UR or Citi TYP or AMEX MR), then they will be lost.  If they're airline miles or hotel points, those are stored at the airline or hotel web sites and those will be kept.

In some cases, if you have multiple cards that keep credit card points alive (like two AMEX MR cards) and they only shut down one, then your other card might be enough to keep the points alive.  However, as noted above, Chase kills all your cards so in that kind of scenario you'd definitely lose the UR points.

I would also not expect advanced notice of a closure, so you probably won't be able to use them before you lose them if a CC company closes your card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Truthseeker on January 09, 2020, 11:26:05 AM
Damn, sucks you got so many shut down at once.

I don't use Chase at all--not worth the risk to me for them to shut down everything. They are the one who will do that, as far as I'm aware. And I have a lot of cards with them, and like 400k UR points.

I've had a B of A shut down (and my wife as well), but we continue to have other cards with them (and sell tradelines on the other cards, even). They don't seem to mind.

I've had a Capital One shut down, but just had the one card with them, so I don't know if they would have shut down other cards. Good to know they shut down multiple on you, though that sucks. I don't think anyone else has reported having multiple shut down from anyone but Chase, that I recall.

Hopefully you can, after awhile, get access to reopening new cards with them, even if they don't reinstate those ones.

Just to follow-up, I was using the tradeline company recommended by the Wealthy Accountant's blog. I started with the old and then new companies recommended here, but at the time the rates across the board were better with the Wealthy Accountant's recommended tradeline company for what it's worth. We followed the usual guidelines of only 2 AUs at a time, keep them on for at least 2 months, etc.

I was told by the tradeline company that Capital One went through a bit of a purge on New Years and about 5% of their clients were impacted. Capital One "froze" my cards I used for tradelines as well as other cards I had with them so just be careful. I had stopped using Capital One cards as tradelines months earlier after Chase shut down my cards, but that didn't seem to matter. For what it's worth, Chase did allow me to redeem my Ultimate Reward points within 30 days of my account being shut down so I didn't lose them. I'm told by the tradeline company that Capital One's game is that they ask you for front and back of driver's license and social security card of any AUs. Then once they have that they ask for further information and keep this up. They have never had any success against Capital One so just a warning that if they freeze your account it's game over for any impacted cards.

I did try to have my Chase cards reinstated by addressing all the reasons Chase gave me for shutting down my cards, but they rejected my appeals three consecutive times. I haven't tried applying yet for new cards with Capital One.

To date Barclaycard has been incredible. This tradeline company makes an exception for Barclaycard and lets you add 6 AUs at once. Apparently Barclaycard's policy is to allow up to 54 AUs before they shut down your card (according to tradeline company representative). However, after shutting down my Chase and Capital One cards I'm gonna take a mini retirement from tradelines before I lose any more cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on January 09, 2020, 11:40:38 AM
for those that have had cards shut down, did you have a chance to use your rewards pts/$ afterwards? or they did burn once the acct card got closed?
Since most with Chase UR pts are saving them up for better exchange rate for travel rather than consistently cashing them out, potential dangerous situation there?

Discover sent me a check at 1 cent per point.  Would have preferred to cash out as gift cards for higher value
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 09, 2020, 12:33:13 PM
Just to follow-up, I was using the tradeline company recommended by the Wealthy Accountant's blog. I started with the old and then new companies recommended here, but at the time the rates across the board were better with the Wealthy Accountant's recommended tradeline company for what it's worth. We followed the usual guidelines of only 2 AUs at a time, keep them on for at least 2 months, etc.

Yeah. They tend to see a lot higher rate of shut down due to sketchy AUs. Their AU verification methods are much worse, IMO, so it leads to more shutdowns. Even if you follow the guidelines of limiting the number of AUs, if they are AUs that get red flagged, then you do too.

Not worth seeing a higher volume of sales or slightly higher amount per sale if it leads to a quicker shut down, for me personally. I'd rather keep the cards open for a long time and slowly milk them. For someone wanting to burn through them quicker and maximize profit in the short run, there are plenty of tradeline companies that can do that.

Again, bummer that happened to so many at once.

Totally agree with you that Barclays is super great--online add and remove, almost unheard of shutting down a card, they just have that max lifetime limit. But might as well make 6-10k off the card while you have those AU spots to use.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 09, 2020, 04:56:21 PM

To date Barclaycard has been incredible. This tradeline company makes an exception for Barclaycard and lets you add 6 AUs at once. Apparently Barclaycard's policy is to allow up to 54 AUs before they shut down your card (according to tradeline company representative). However, after shutting down my Chase and Capital One cards I'm gonna take a mini retirement from tradelines before I lose any more cards.

In my experience, Barlaycard lets you add 34-35 tradelines per card before you hit the limit. They don't shut down your card but you can no longer add new tradelines to it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bernardnb on January 10, 2020, 01:42:22 PM

Good to know they shut down multiple on you, though that sucks. I don't think anyone else has reported having multiple shut down from anyone but Chase, that I recall.


When my Discover card got shut down I was seasoning a second Discover card that they also closed.  On the bright side, that card was also included in my case against them that PointsLawyer handled.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MsFrugalista on January 10, 2020, 08:38:03 PM
From the new company regarding payout date:  10 weeks after the closing date

It's been 12+ weeks and still no payment nor any response from the owner to my repeated inquiries about my payment. It was my only sale with new company last year. Very disappointing to say the least. But I am also not sweating it. Old company is just a pleasure to work with and they have been getting all my cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RedwoodDreams on January 12, 2020, 11:11:56 PM
Last year and this year I made $2400 per year selling TLs on two cards, each with two slots available.

I've had Capital One and Discover cards shut down, but my Citibank and US Bank cards are holding up (with old TL company) just fine, and I'm happy with the easy extra money every month. Thanks again to ARS for vetting the safer companies for us.

(I do occasionally seem to be stalked by a collections co. here and there looking for one of these past AUs. I just ignore the calls. One of them I answered and said I didn't know the guy, and they apologized and said they'd stop calling.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 13, 2020, 08:54:40 AM
I don't get any collections stuff, but Cap One has been spamming the crap out of one of my old AUs to open a card with them.  I just laugh.  They denied me for a Savor card, yet they are going after someone with a somewhat fictitious address to give them a card.

Oh yah.....SoFi has sent offers to many of my AUs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 13, 2020, 11:55:05 AM
Capital one is bastards.  They also denied me and my wife getting the savers card (I was going to let it season for TL sales), but they are basically spamming our address with applications for their cards, including the savers card.  They come addressed to me, my wife, and many AUs I've added.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Truthseeker on January 14, 2020, 08:18:56 AM
Just to follow-up, I was using the tradeline company recommended by the Wealthy Accountant's blog. I started with the old and then new companies recommended here, but at the time the rates across the board were better with the Wealthy Accountant's recommended tradeline company for what it's worth. We followed the usual guidelines of only 2 AUs at a time, keep them on for at least 2 months, etc.

Yeah. They tend to see a lot higher rate of shut down due to sketchy AUs. Their AU verification methods are much worse, IMO, so it leads to more shutdowns. Even if you follow the guidelines of limiting the number of AUs, if they are AUs that get red flagged, then you do too.

Not worth seeing a higher volume of sales or slightly higher amount per sale if it leads to a quicker shut down, for me personally. I'd rather keep the cards open for a long time and slowly milk them. For someone wanting to burn through them quicker and maximize profit in the short run, there are plenty of tradeline companies that can do that.


Could very well be. I guess I didn't do enough due diligence on their buyer sourcing and vetting methods. For the community, do you have certain questions you'd ask a tradeline company when vetting? Clearly I didn't ask the right ones on how they source and vet their buyers. I know they used third party referrals, but was told anecdotally they have very stringent parameters, but maybe not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 14, 2020, 09:47:18 AM
Has anyone with a credit card shutdown due to authorized users had success getting approved again after reapplying?

I have been shut down by Citi, Disco, and BofA and wondering if it’s worth reapplying at some point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 14, 2020, 10:46:32 AM
Just to follow-up, I was using the tradeline company recommended by the Wealthy Accountant's blog. I started with the old and then new companies recommended here, but at the time the rates across the board were better with the Wealthy Accountant's recommended tradeline company for what it's worth. We followed the usual guidelines of only 2 AUs at a time, keep them on for at least 2 months, etc.

Yeah. They tend to see a lot higher rate of shut down due to sketchy AUs. Their AU verification methods are much worse, IMO, so it leads to more shutdowns. Even if you follow the guidelines of limiting the number of AUs, if they are AUs that get red flagged, then you do too.

Not worth seeing a higher volume of sales or slightly higher amount per sale if it leads to a quicker shut down, for me personally. I'd rather keep the cards open for a long time and slowly milk them. For someone wanting to burn through them quicker and maximize profit in the short run, there are plenty of tradeline companies that can do that.


Could very well be. I guess I didn't do enough due diligence on their buyer sourcing and vetting methods. For the community, do you have certain questions you'd ask a tradeline company when vetting? Clearly I didn't ask the right ones on how they source and vet their buyers. I know they used third party referrals, but was told anecdotally they have very stringent parameters, but maybe not.

I won't use any that ars didn't thoroughly vet and recommend.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 15, 2020, 06:12:25 AM
From the new company regarding payout date:  10 weeks after the closing date

It's been 12+ weeks and still no payment nor any response from the owner to my repeated inquiries about my payment. It was my only sale with new company last year. Very disappointing to say the least. But I am also not sweating it. Old company is just a pleasure to work with and they have been getting all my cards.

I feel your pain. You would think after years of dropping the ball on untimely payments/non responsiveness, they would have figured out a better system.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on January 15, 2020, 06:52:30 AM
Quote
Has anyone with a credit card shutdown due to authorized users had success getting approved again after reapplying?

I have been shut down by Citi, Disco, and BofA and wondering if it’s worth reapplying at some point.

You have had alot of shut downs, do you care to share  or have any thoughts on why they shut you down? I know BOA shut me down becasue I put too many users on at once, and Capital one shut me down I believe Because I added all users on line. They did re open my accunt though after I provided  my social security card.

 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 15, 2020, 07:34:06 PM
Quote
Has anyone with a credit card shutdown due to authorized users had success getting approved again after reapplying?

I have been shut down by Citi, Disco, and BofA and wondering if it’s worth reapplying at some point.

You have had alot of shut downs, do you care to share  or have any thoughts on why they shut you down? I know BOA shut me down becasue I put too many users on at once, and Capital one shut me down I believe Because I added all users on line. They did re open my accunt though after I provided  my social security card.

BofA shut me down a few years ago. I added 3 users at once and was immediately shut down. If I opened BofA again I’d only add one user at a time.

Citi - I was adding users for a few years and eventually was shut down.

Disco - same situation as Citi
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 15, 2020, 07:53:34 PM
Quote
Has anyone with a credit card shutdown due to authorized users had success getting approved again after reapplying?

I have been shut down by Citi, Disco, and BofA and wondering if it’s worth reapplying at some point.

You have had alot of shut downs, do you care to share  or have any thoughts on why they shut you down? I know BOA shut me down becasue I put too many users on at once, and Capital one shut me down I believe Because I added all users on line. They did re open my accunt though after I provided  my social security card.

BofA shut me down a few years ago. I added 3 users at once and was immediately shut down. If I opened BofA again I’d only add one user at a time.

Citi - I was adding users for a few years and eventually was shut down.

Disco - same situation as Citi

Which company were you using?  Old, New, or someone else?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gogore on January 16, 2020, 06:24:51 AM
Hey, I just wanted to say thanks to everyone that contributed to this blog and Mr. Money Mustache himself.   I stumbled across the MMM blog three years ago.   I was in 8 grand of credit card debt, which sucked for me because I was working a crappy paying job, with an unreliable car at the time, and I was quite literally going no where.  Paying that debt off seemed impossible and I was scheduled to see a bankruptcy lawyer. 

This blog gave me a different mindset on money.   It took me three years to build up my credit limits on 15 credit cards, but man was it worth it.  I made $3000 in 2018, and $7000 in 2019 with just piggybacking.   That different mindset also got me into other side hustles like selling on eBay ($100,000 in 3 years), test driving vehicles for gift cards at $500 to $1000 per year, abusing checking account opening bonuses at $2000 per year, and finding crazy ways to save money (look up free meal cards for your favorite fast food places, and also sign up for birthday clubs/apps)   

 I'm 26 years old and I am no longer in debt.  I pursued an A+ Comptia certification and started a career working on electronics, which is something that I always enjoyed.  I paid off my starter home and my 2019 vehicle that I bought brand new in October.  I feel blessed every day.   Now I have my sights set on retiring early, and every dollar after $10,000 in savings is going towards qualified dividend stocks, so that I can build my wealth free of federal taxes on up to $78,000 per year... 

Thanks again for changing my life.

I'd love to know, for anyone willing to share, an approximate figure of what your 2019 income was.  It doesn't have to be detailed, like how many cards and or how many sales, but in general, I'd like to know if this is a 20-40k/yr side gig or a 2-4k/yr side gig.  I have some valuable cards and could start applying for new cards to season them, but I'm only really interested if this really is a 20k-ish side gig.

It likely isn't a 20k+ gig anymore, but solid low five-figures if you have the cards. If you're seasoning new ones, it won't be. Then likely low four-figures. If you just have a single card or two that's eligible, low three figures.

First, it depends on the details of the cards (their limits and ages and especially how many you have enrolled) for how many sales you get.

I know a few people making low five figures (10-15k range) per year. Based on information I have of MMM members, I'd say the average person has 1-2 cards enrolled, sees a sale or two every few months and makes $600-$1500 per year.

Regardless of what you make, the main benefit is the lack of time/effort required. It pays about $1000/hour because it takes about 5 minutes to add someone, 5 minutes to remove them two months later, and you get paid $150-200 for that effort. So whether you're doing it 60+ times a year and making 10k+ (and spending 10 hours a year doing it) or doing it 6 times a year (and spending 1 hour a year doing it, making about $1000 doing it), the effort to amount ratio is well worth it, for me personally.

If it's only worth it to you if you make 20k doing it for 20 hours (~2 hours/mo, say 10 AUs/mo), it likely won't be that. You'd want a dozen+ cards, old/high limits. More doable if you have a spouse with lots of cards.

I think it's most valuable for those new to MMM--still getting their financial stuff together, perhaps in debt, wanting a side-gig to accelerate things, but don't know where to start or don't have a lot of time. Even a few hundred or few thousand bucks can make a big difference to them, and the amount of effort or energy required is so low that it's huge to them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 16, 2020, 03:26:22 PM
From the new company regarding payout date:  10 weeks after the closing date

It's been 12+ weeks and still no payment nor any response from the owner to my repeated inquiries about my payment. It was my only sale with new company last year. Very disappointing to say the least. But I am also not sweating it. Old company is just a pleasure to work with and they have been getting all my cards.

I feel your pain. You would think after years of dropping the ball on untimely payments/non responsiveness, they would have figured out a better system.


It is pretty comical how bad the new company is about communication and timeliness.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 16, 2020, 05:10:42 PM
I've only had a few sales with new company but no issues with timely payment

had a few cards with BoostMyScore but they recently shut down, anyone care to recommend another company they've had good sales frequency with (either on here or PM)

I'm assuming the old company hasn't gotten any better with sales

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on January 17, 2020, 04:17:12 AM
I forgot to mention that TLS does not take Citibank last time I checked. So if your cards are Citibank heavy as mine are, TLS may not work for you.

I consider this Tradeline business a bonus and do not expect it to last, can get shut down anytime. My best card is discover and they have audited me twice but no shut down and they have not contacted me in a year but I totally expect a letter at any point.

I do appreciate Arebelspy offering to include us in the tradeline business, he could have kept his mouth shut and I would never have made that money, thank you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on January 17, 2020, 04:21:33 AM
It's been 3 months now and I have not gotten any adds neither from old or new company, is this normal?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 17, 2020, 07:02:22 AM
I'm assuming the old company hasn't gotten any better with sales

Better than what?  I fill 8 to 10 spots a month with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 17, 2020, 07:19:17 AM
I'm assuming the old company hasn't gotten any better with sales

Better than what?  I fill 8 to 10 spots a month with them.

What kind of cards do you use? I have 5+ years, 20k+ credit line and don't get a lot of orders. I heard that there is more demand for cheaper cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 17, 2020, 08:06:10 AM
It's been 3 months now and I have not gotten any adds neither from old or new company, is this normal?

It comes and goes in waves. Also depends on the cards you have. I'll get a rush of adds and then go "silent" for a bit. I actually prefer it that way as it likely reduces the chance of getting shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on January 17, 2020, 01:15:53 PM
I'm assuming the old company hasn't gotten any better with sales

Better than what?  I fill 8 to 10 spots a month with them.

What kind of cards do you use? I have 5+ years, 20k+ credit line and don't get a lot of orders. I heard that there is more demand for cheaper cards.
All my cards are 5+, one is 30K and the other two are $17,000 and $19,000.  I have gotten 0 adds since I joined. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 18, 2020, 07:38:18 PM
30K card, 20 years perfect history, 3 sales in 3 years
10K card, 24 months old, 6 spots sold in the last year
1K card, 18 months old, haven't had a month without both spots sold
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jdnews0614 on January 20, 2020, 10:47:24 AM
From the new company regarding payout date:  10 weeks after the closing date

It's been 12+ weeks and still no payment nor any response from the owner to my repeated inquiries about my payment. It was my only sale with new company last year. Very disappointing to say the least. But I am also not sweating it. Old company is just a pleasure to work with and they have been getting all my cards.

I feel your pain. You would think after years of dropping the ball on untimely payments/non responsiveness, they would have figured out a better system.
From the new company regarding payout date:  10 weeks after the closing date

It's been 12+ weeks and still no payment nor any response from the owner to my repeated inquiries about my payment. It was my only sale with new company last year. Very disappointing to say the least. But I am also not sweating it. Old company is just a pleasure to work with and they have been getting all my cards.

I feel your pain. You would think after years of dropping the ball on untimely payments/non responsiveness, they would have figured out a better system.

I am seriously so annoyed with the new company. I've only had 3 adds with them over the last year, and I have not gotten paid within 2 months of "on-time" (11 weeks after is what they told me is standard) and have had to send follow-up after follow-up email. I'm so frustrated! I just emailed Cliff for the 3rd time about my AU added in September 2019. After I get paid for my last add I am DONE with them. It's not worth the hassle of chasing down my payment every. single. time. ACCKK!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on January 20, 2020, 02:07:48 PM
seriously, i don't understand how the new company can have such issues with timely payment. I've got 3 sales from last year that I'm still waiting on payment for. I don't think they are going to get their act together.

going to start slowly moving cards away from them as I find other places that will accept my lines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 20, 2020, 05:09:41 PM
No such issues with old company.  Move your cards there if possible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DadJokes on January 20, 2020, 06:39:52 PM
It sounds like there is room for a business-minded mustachian to establish a better-ran company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 21, 2020, 01:02:17 AM
No such issues with old company.  Move your cards there if possible.

Yeah, that's what I've recommended for awhile; if they'll take your cards, use old company. Unfortunately they're totally saturated with cards, so they only take very old/high limit cards.

Otherwise, yeah, the payment issues with New Company are frustrating. As far as I know, everyone has always been paid, it's just very poor business practice to not have it timely. As always, if you need assistance with something like that, PM me.

It sounds like there is room for a business-minded mustachian to establish a better-ran company.

Yeah. This has been the case for years. Interestingly, one of the larger and longest lived (since 2008 or so?) TL companies, BoostMyScore, just went out of business. https://www.boostmyscore.com/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 21, 2020, 07:05:43 AM
I'm assuming the old company hasn't gotten any better with sales

Better than what?  I fill 8 to 10 spots a month with them.

What kind of cards do you use? I have 5+ years, 20k+ credit line and don't get a lot of orders. I heard that there is more demand for cheaper cards.

These are all low limit, new cards.  A couple times, they opened up for these.  2 months and $25 each. 

I have one that's older with a $20k limit and it only gets an AU maybe every 4 months or so.  I also was able to recently add a very old (17 year) $20k limit card but have had no adds on it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 21, 2020, 10:46:52 AM
BoostMyScore was actually bought out by another company so their going to transition cardholders over
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on January 21, 2020, 02:20:38 PM
BoostMyScore was actually bought out by another company so their going to transition cardholders over

Who bought it? How did you come by this intel?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 21, 2020, 02:47:57 PM
COO told me over phone forgot the name wasn't one I'd heard of before, said they're working to move everyone over within the next few weeks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on January 21, 2020, 08:06:23 PM
30K card, 20 years perfect history, 3 sales in 3 years
10K card, 24 months old, 6 spots sold in the last year
1K card, 18 months old, haven't had a month without both spots sold

Is that right? A $1000 card? I didn't know you could get one that low.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on January 22, 2020, 06:38:13 AM
Anyone gotten their 1099-MISC from the New Company yet?  I realize it's early, but I never got one last year until I e-mailed them about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 22, 2020, 12:35:29 PM
30K card, 20 years perfect history, 3 sales in 3 years
10K card, 24 months old, 6 spots sold in the last year
1K card, 18 months old, haven't had a month without both spots sold

Is that right? A $1000 card? I didn't know you could get one that low.

I know, right? Funny thing is it started at a $500 card and I had to bug them for a limit increase. Twice. They wouldn't do one until the card was 12 months old.

I only opened it to sell tradelines on it and it's my most consistent seller. I have no idea what 18 months of on-time payments could possibly do on only a $1000 credit line, but, apparently someone out there is buying it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on January 22, 2020, 01:18:05 PM
30K card, 20 years perfect history, 3 sales in 3 years
10K card, 24 months old, 6 spots sold in the last year
1K card, 18 months old, haven't had a month without both spots sold

Is that right? A $1000 card? I didn't know you could get one that low.

I know, right? Funny thing is it started at a $500 card and I had to bug them for a limit increase. Twice. They wouldn't do one until the card was 12 months old.

I only opened it to sell tradelines on it and it's my most consistent seller. I have no idea what 18 months of on-time payments could possibly do on only a $1000 credit line, but, apparently someone out there is buying it.

What bank is it? Maybe I'll pick one up. And do you have a referral link?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 22, 2020, 01:50:40 PM
selling for what? $30-40? I guess that's still worth the effort?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 22, 2020, 02:22:53 PM
30K card, 20 years perfect history, 3 sales in 3 years
10K card, 24 months old, 6 spots sold in the last year
1K card, 18 months old, haven't had a month without both spots sold

Is that right? A $1000 card? I didn't know you could get one that low.

I know, right? Funny thing is it started at a $500 card and I had to bug them for a limit increase. Twice. They wouldn't do one until the card was 12 months old.

I only opened it to sell tradelines on it and it's my most consistent seller. I have no idea what 18 months of on-time payments could possibly do on only a $1000 credit line, but, apparently someone out there is buying it.

What bank is it? Maybe I'll pick one up. And do you have a referral link?

Citi. Somewhere else in the thread it was mentioned how comically tight they are in limits.

YMMV, of course, I just signed up out of the blue and that's the limit they gave me. I guess you can always call in and have an existing line reduced. Tell them you're lowering your limits for whatever reason... getting finances under control, adjusting your credit score, whatever.

And thanks, but, it doesn't appear the Citi Double Cash card gives referral links.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: therethere on January 22, 2020, 02:35:24 PM
30K card, 20 years perfect history, 3 sales in 3 years
10K card, 24 months old, 6 spots sold in the last year
1K card, 18 months old, haven't had a month without both spots sold

Is that right? A $1000 card? I didn't know you could get one that low.

I know, right? Funny thing is it started at a $500 card and I had to bug them for a limit increase. Twice. They wouldn't do one until the card was 12 months old.

I only opened it to sell tradelines on it and it's my most consistent seller. I have no idea what 18 months of on-time payments could possibly do on only a $1000 credit line, but, apparently someone out there is buying it.

What bank is it? Maybe I'll pick one up. And do you have a referral link?

Citi. Somewhere else in the thread it was mentioned how comically tight they are in limits.

YMMV, of course, I just signed up out of the blue and that's the limit they gave me. I guess you can always call in and have an existing line reduced. Tell them you're lowering your limits for whatever reason... getting finances under control, adjusting your credit score, whatever.

And thanks, but, it doesn't appear the Citi Double Cash card gives referral links.

What is the payout on that type of card (1 year, <10k limit)?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 22, 2020, 02:49:17 PM

What is the payout on that type of card (1 year, <10k limit)?

A whopping $25 per slot. So best case $200/year. Eventually it might age up and I might consider raising the limit. Or if a higher limit slows sales, I'll just get a new card and start over. I'd rather have a lot of small cards grinding out a little bit of earnings rather than a few big cards that collect nothing but dust.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 22, 2020, 08:45:49 PM
Anyone gotten their 1099-MISC from the New Company yet?  I realize it's early, but I never got one last year until I e-mailed them about it.

I stopped using new company so I don't know. 

FYI for anyone with old company wondering.  1099's are available in their payroll web site.  Looks like I downloaded mine on the 12th.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nickelwise on January 24, 2020, 08:35:21 AM
Are you guys doing the self-employment schedules or reporting your sales as other income? Not excited about paying self-employment taxes, but I don't want to get myself in trouble either. Would appreciate any guidance from those of you who've been doing this for a while.

If anyone doesn't want to post publicly about how they report the income, I would appreciate PMs as well. Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 24, 2020, 09:25:34 AM
Are you guys doing the self-employment schedules or reporting your sales as other income? Not excited about paying self-employment taxes, but I don't want to get myself in trouble either. Would appreciate any guidance from those of you who've been doing this for a while.

If anyone doesn't want to post publicly about how they report the income, I would appreciate PMs as well. Thanks!

I found and read the rules for determining where to report the income - if it's "hobby" income, it goes on other income; if it's "business" income it goes on schedule C.  However, the rules are, IIRC and IMHO, more of a set of examples that try to codify "you should know when it's a hobby and you should know when it's a business".  So it's not clear cut.

In the past I've reported it as hobby income because somewhere in those rules I remember reading about it being sporadic or occasional.  Also I didn't make much, if any effort, to improve my income in this area.  In 2019 my sales were reasonably regular, and I did do some things to increase my piggybacking income, so I'm probably going to report it on a Schedule C for 2019.

Note that although a Schedule C requires the payment of SE taxes, you get one half of SE taxes as a credit.  You can also deduct business expenses against your business income.  Your Schedule C business might qualify for the QBI (AKA Section 199A) deduction.  Schedule C net income also counts as earned income, which enables you to make contributions to an IRA, which may entitle you to a deduction/adjustment as well as the retirement savings tax credit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nickelwise on January 24, 2020, 11:04:59 AM
secondcor521 - Thanks for lots of good info.

You make it sound like something of a gray area as to when it's considered a hobby or a business. I might follow your example and stick it in other income until my sales start getting a little closer to the numbers in the topic title. I'd be encouraged if lots of users here have been reporting AU sales as other income for years with no flags raised.

For my situation, I work full-time as a regular W2 employee so I'm already maxing my regular IRA with that earned income, so I don't think Schedule C income benefits me there since I already have plenty of earned income to show. But if I do start using Schedule C, I might look into SEP-IRA - I don't know much about it, but as far as i know you can do 401(k), HSA, IRA, and SEP-IRA all in the same year. My understanding is also that SEP-IRA can be converted into Roth IRA when you're doing a conversion ladder, just like a regular IRA.

I doubt I have much to deduct as a business expense - there's really no expense incurred to me.

Being able to deduct half of the FICA taxes makes sense - that's just like how the "employer half" of the employment taxes for any given employee would be a business expense, right?
 
I wasn't familiar with the QBI deduction so it seems I have a lot to research about it.

Appreciate any more input anyone has!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 24, 2020, 12:30:16 PM
I'll just chime in, I don't think this could be considered a hobby. Anyone entering into selling tradelines is doing so to make a profit. It's not like you're gardening and maybe sell some produce to your neighbors or doing some woodworking and occasionally selling something. My understanding of tax law/regulation is that if you're doing it to make a profit it's not a hobby, it's a business.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 24, 2020, 12:58:42 PM
I report tradeline income as Schedule C income, not as a hobby. Last year used QBI deduction (20% of that income) and opened a SEP IRA to reduce it even further.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 24, 2020, 01:08:45 PM
I report tradeline income as Schedule C income, not as a hobby. Last year used QBI deduction (20% of that income) and opened a SEP IRA to reduce it even further.

Same here. Not a hobby.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 24, 2020, 01:30:06 PM
For those who report tradeline income as business income, do you pay estimated quarterly taxes and FICA contributions? I never paid them quarterly but was never fined because I also had employment income and normally overpaid my income tax with each paycheck, so it probably canceled itself out between overpaid income tax by employer and non-paid taxes and FICA for tradeline income throughout the year. I just received a smaller refund as a result. In the future, when I no longer work, this could change, so I wonder if I should start paying quarterly just in case to avoid fines. Is there a good rule of thumb to determine that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 24, 2020, 03:24:05 PM
doubt I'll ever care enough to go through the trouble or reporting it as business income, unless I'm approaching 5 figures in a year

IRS should just be impressed that I'm reporting it at all
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 25, 2020, 07:00:33 AM
I report tradeline income as Schedule C income, not as a hobby. Last year used QBI deduction (20% of that income) and opened a SEP IRA to reduce it even further.

Same for the last 2 years.  Will do the same this time.  Funded sep ira first year but did not fund last year as I recall.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 27, 2020, 10:41:01 AM
Here's a few things that might help.

The low limit, new card opening comes up now and then at the old company.  I've got 5 cards there now.  They consistently sell 2 slots every 2 month period.  $25 each slot.  Barclay (2) and US Bank (2) have online adds, so that's easy as pie.  Wait for the next opening as they fill what's needed, then close off.

Watch your account and on the "remove AU" date +1, remove your AU.  I'm finding that I do this and the next day, I've got new orders to take their place.  If you fud around and don't remove them for a week, you very well could miss your closing date and won't get anything till the next time around.

Arebelspy has said that he does Amazon ads.  I used to ignore that and go to the gas station and put in $3 of gas, swap cards, another $3 gas.  At this point, with over 10 slots a month getting filled, nobody needs all that hassle.  Add all your cards to Amazon, remember to change the refill to $3 or $4 and just make your ads.  Keep a spread sheet with last purchase date, closing date, when you last checked the account.  Or I guess you can just figure out expected buy dates and just buy then.  I've been doing this for only about a month and boy....it makes life easier.  Then I need to buy oil for an oil change and bam....I use the money I've dumped into the account.  Be sure your credit cards are all on auto pay and you're cruising with near zero effort.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 27, 2020, 11:26:28 AM
I've never once made a single transaction using any AU cards over 2 years 30+ adds between Chase/Citi/Barlcays and never had an issue with posting

Is someone suggesting that the AU card needs to be used at all for it to post correctly?

or actually I assume you're probably be talking about just using each actual main card you're selling off of
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 27, 2020, 11:50:53 AM
I've never once made a single transaction using any AU cards over 2 years 30+ adds between Chase/Citi/Barlcays and never had an issue with posting

Is someone suggesting that the AU card needs to be used at all for it to post correctly?

or actually I assume you're probably be talking about just using each actual main card you're selling off of

The account itself has to be used.  It doesn't matter if it's your card or the AU card.  Most people here don't actually use the card they send for the AU.  I have never even activated one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 27, 2020, 12:42:42 PM
Yah, main card to get a balance reported.  No, any AU card goes right in the shredder when it arrives.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DadJokes on January 27, 2020, 12:49:52 PM
For those still wondering about whether it should be considered business or hobby income, the IRS does have guidelines:


No one item can push you in the direction of it being a business or a hobby. Rather, all go into consideration.

The IRS does have a rule of thumb that is used, saying that an activity should earn a profit in 3 out of 5 years to be considered a business. That's generally to prevent people from claiming losses year after year to reduce taxes from other activities, but the same could apply to tradelines. If you aren't ever losing money, then it may be difficult to justify it as a hobby.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on January 27, 2020, 02:34:39 PM
If you aren't ever losing money, then it may be difficult to justify it as a hobby.
The IRS doesn't care if you claim a routinely profitable activity as a hobby unless it is depended on for a significant portion of your income. A few hours a month for what amounts to pocket change is fine as a hobby; since it also never shows a loss it is fine as a business too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 30, 2020, 11:40:01 AM
Anyone gotten their 1099-MISC from the New Company yet?  I realize it's early, but I never got one last year until I e-mailed them about it.

Mine is coming in the mail today.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 30, 2020, 11:47:48 AM
If you aren't ever losing money, then it may be difficult to justify it as a hobby.
The IRS doesn't care if you claim a routinely profitable activity as a hobby unless it is depended on for a significant portion of your income. A few hours a month for what amounts to pocket change is fine as a hobby; since it also never shows a loss it is fine as a business too.

Pretty sure the IRS want's you to claim the income and pay taxes on it. I don't know what (if any) tax difference there is between claiming $1,000 in income from a hobby versus a business. I think the distinction is mainly so somebody can't say they have a "business" that losses thousands every year (reducing taxable income) when really it's a hobby like raising horses, hunting, skiing, crafting, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 30, 2020, 12:37:39 PM
If you aren't ever losing money, then it may be difficult to justify it as a hobby.
The IRS doesn't care if you claim a routinely profitable activity as a hobby unless it is depended on for a significant portion of your income. A few hours a month for what amounts to pocket change is fine as a hobby; since it also never shows a loss it is fine as a business too.

Pretty sure the IRS want's you to claim the income and pay taxes on it. I don't know what (if any) tax difference there is between claiming $1,000 in income from a hobby versus a business. I think the distinction is mainly so somebody can't say they have a "business" that losses thousands every year (reducing taxable income) when really it's a hobby like raising horses, hunting, skiing, crafting, etc.

There are tax differences between deciding something is a hobby versus a business:

1.  Business income is earned income and can contribute to eligibility for IRA contributions (and thus the retirement savings tax credit).  With a person with really low income, it may affect whether or not they meet the requirement to file.
 Hobby income is considered unearned income.
2.  A person pays both sides of Social Security and Medicare taxes on business income, and receives a credit or adjustment for one half of those taxes.  Not so with a hobby.
3.  A person can deduct business expenses against business income.  Not so with a hobby.
4.  A person may qualify for the QBI business deduction with business income.  Not so with a hobby.
5.  Business income is usually reported on Schedule C.  Hobby income is included with other income on Schedule 1 line 8 (on a 2019 return).

Pretty sure most of that is right.  If not, someone more qualified will come along and correct me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on January 30, 2020, 03:12:34 PM
There are tax differences between deciding something is a hobby versus a business:

1.  Business income is earned income and can contribute to eligibility for IRA contributions (and thus the retirement savings tax credit).  With a person with really low income, it may affect whether or not they meet the requirement to file.
 Hobby income is considered unearned income.
2.  A person pays both sides of Social Security and Medicare taxes on business income, and receives a credit or adjustment for one half of those taxes.  Not so with a hobby.
3.  A person can deduct business expenses against business income.  Not so with a hobby.
4.  A person may qualify for the QBI business deduction with business income.  Not so with a hobby.
5.  Business income is usually reported on Schedule C.  Hobby income is included with other income on Schedule 1 line 8 (on a 2019 return).

Pretty sure most of that is right.  If not, someone more qualified will come along and correct me.
I think business losses can even be deducted against other income (if not, I'm certain it can be carried forward to deduct against business income in another year). I don't think the IRS cares if you consider selling tradelines to be a hobby or a business; but they certainly would not be OK with not reporting it at all (unless you are not required to file).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 30, 2020, 04:38:35 PM
There are tax differences between deciding something is a hobby versus a business:

1.  Business income is earned income and can contribute to eligibility for IRA contributions (and thus the retirement savings tax credit).  With a person with really low income, it may affect whether or not they meet the requirement to file.
 Hobby income is considered unearned income.
2.  A person pays both sides of Social Security and Medicare taxes on business income, and receives a credit or adjustment for one half of those taxes.  Not so with a hobby.
3.  A person can deduct business expenses against business income.  Not so with a hobby.
4.  A person may qualify for the QBI business deduction with business income.  Not so with a hobby.
5.  Business income is usually reported on Schedule C.  Hobby income is included with other income on Schedule 1 line 8 (on a 2019 return).

Pretty sure most of that is right.  If not, someone more qualified will come along and correct me.
I think business losses can even be deducted against other income (if not, I'm certain it can be carried forward to deduct against business income in another year). I don't think the IRS cares if you consider selling tradelines to be a hobby or a business; but they certainly would not be OK with not reporting it at all (unless you are not required to file).

You are essentially correct.  The bottom line from your Schedule C contributes to the earned income section on your tax return.  So if you have $100K in W-2 income and a $10K Schedule C loss, then you end up with a $90K total income.

I think the IRS expects you to report things correctly.  I'm not sure how hard the agent would work to check on the hobby / business question; I think they have much more productive things to go after.  But you are very correct in that if you have any income reported to the IRS, their computers check to make sure it got reported on your tax return somewhere, and they'll spit out automatic notices if there is income missing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 30, 2020, 06:40:08 PM
How much difference does it make if you report tradeline income as a hobby or business? Let's say your salary is 100K and you earn another 5K selling tradelines (not my numbers, just an example). What would be the difference approx? You would have to pay FICA taxes on business income but not hobby income, correct? But also you would be able to claim QBI deduction (only 80% of business income is taxable) and open a SEP IRA, so that would offset some of the FICA payments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 30, 2020, 07:59:48 PM
How much difference does it make if you report tradeline income as a hobby or business? Let's say your salary is 100K and you earn another 5K selling tradelines (not my numbers, just an example). What would be the difference approx? You would have to pay FICA taxes on business income but not hobby income, correct? But also you would be able to claim QBI deduction (only 80% of business income is taxable) and open a SEP IRA, so that would offset some of the FICA payments.

It would be hard to say.  It would depend partly on how much in business expenses you chose to deduct, as well as your overall AGI (Social Security taxes end at a certain amount of earned income).

But roughly 15.3% of net income for SE taxes minus 7.65% of net income for SE tax adjustment minus 20% of QBI.  So probably in most cases worth it to report as business income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: canejd on January 31, 2020, 06:04:46 AM
How do you add the SSN online through Barclays? I saw a previous post that said to opt out of getting a card, but I don’t get the option to add the SSN.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 31, 2020, 06:43:05 AM
How do you add the SSN online through Barclays? I saw a previous post that said to opt out of getting a card, but I don’t get the option to add the SSN.

You don't.  Just the address is enough to post for the AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 31, 2020, 09:50:06 AM
How do you add the SSN online through Barclays? I saw a previous post that said to opt out of getting a card, but I don’t get the option to add the SSN.

You don't.  Just the address is enough to post for the AU.

My opinion based on some experience is it takes three bits of data to post an AU.  It can either be name/DOB/address, or name/SSN/address, or name/DOB/SSN.

I don't recall which bits Barclays takes on their online add form, but I know that the Barclays online add form works for AUs to post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 31, 2020, 12:37:18 PM
last time I tried on Barclays pretty sure it was just name/DOB, also never seen any card ask for address we aren't even given it
strange since there are a few with common names, and DOB could overlap
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 31, 2020, 01:03:17 PM
last time I tried on Barclays pretty sure it was just name/DOB, also never seen any card ask for address we aren't even given it
strange since there are a few with common names, and DOB could overlap

Barclays asks for name, DOB, relationship, and does have a spot to enter the AU address (or use your own).  Both Old Company and New Company provide AU addresses.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on February 01, 2020, 09:30:34 AM
How much difference does it make if you report tradeline income as a hobby or business? Let's say your salary is 100K and you earn another 5K selling tradelines (not my numbers, just an example). What would be the difference approx? You would have to pay FICA taxes on business income but not hobby income, correct? But also you would be able to claim QBI deduction (only 80% of business income is taxable) and open a SEP IRA, so that would offset some of the FICA payments.

Contributing to a SEP IRA or Solo 401k will not offset any FICA if you file a Sch C.



It would be hard to say.  It would depend partly on how much in business expenses you chose to deduct, as well as your overall AGI (Social Security taxes end at a certain amount of earned income).

But roughly 15.3% of net income for SE taxes minus 7.65% of net income for SE tax adjustment minus 20% of QBI.  So probably in most cases worth it to report as business income.

Here are some calculations to consider.  Someone please chime in with any errors you spot...

If we are in the 22% tax bracket and treat it as Hobby Income, it is just 22% tax (So $1,000 in tradelines would be $220 Federal Tax due) 

Now we will assume we are in the same 22% tax bracket and file as Sch C income, and we will assume no SEP IRA or Solo 401k contributions, and no Sch C expenses whatsoever:

SE Tax is at 15.3%, but it calculated on 92.35% of Sch C income, so 0.153*0.9235 = 14.13% TAX

The SE Tax deduction is 1/2 of this, and it is only a deduction, so here is that math:
0.1413 / 2 = .07065
0.07065 * 0.22 = 1.55% TAX SAVINGS

QBI, sec 199A 20% deduction is based on Sch C Income - SE Deduction, so here is that math:
0.20 * (1 - 0.07065) * 0.22 = 4.09% TAX SAVINGS

So that works out to 0.22 + 0.1413 - 0.0155 - 0.0409 = 30.49% Tax (So $1,000 in tradelines would be roughly $305 in Federal Taxes due)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spitfire on February 01, 2020, 02:27:49 PM
After a 4 month dry spell with a new card after my old one got shut down, I just had two users added this week with the old company. Barclay card, opened in 2016, 20.5k limit (I moved a limit from another card with a quick phone call to get to the next tier of payment).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MVal on February 03, 2020, 09:13:13 AM
What strategy do some of you use for removing users? I know the companies tell you to remove them after three months or so, but aren't you less likely to get shut down if you leave them longer? Of course, this probably delays payouts and makes for fewer users, but better to not lose the cards. I'm just wary after losing a card years ago.

I've got a user right now who has been on my card for a little over four months. I'm still hesitant to remove.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 03, 2020, 10:40:09 AM
I remove them from a couple days to a couple weeks after told to do so (old company uses a list, new company sends email.....when they don't forget).  I had one on Chase where I removed the card from use and the AU was on there for over a year.  Just remember that you won't get added AUs if your number of slots for AUs have not been removed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spitfire on February 04, 2020, 07:47:20 AM
I remove them when they tell me. What (I think) got me busted was that someone cancelled their order, so I added and removed that person within a couple of days. If another cancellation happens I will keep them for a couple of cycles like a normal order.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shade00 on February 04, 2020, 09:18:33 AM
Unfortunately I gave up on this gig some time ago. Discover closed my account back in 2018 and they would never give me any information about exactly why, but AUs is the only thing I can fathom. I haven't had any luck with AUs on my Citi card. They never seem to report properly despite following the instructions to call in and add SSN and so on.

Has anyone had any luck opening a new Discover card after getting an account closed? I would like to get another one but not sure how long I should wait or if they will ever give me another one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DeniseNJ on February 04, 2020, 03:21:39 PM
Unfortunately I gave up on this gig some time ago. Discover closed my account back in 2018 and they would never give me any information about exactly why, but AUs is the only thing I can fathom. I haven't had any luck with AUs on my Citi card. They never seem to report properly despite following the instructions to call in and add SSN and so on.

Has anyone had any luck opening a new Discover card after getting an account closed? I would like to get another one but not sure how long I should wait or if they will ever give me another one.

I think you can sue them for canceling without telling you.  You'll have to search this thread but I know some ppl got a cash settlement from discover for this very reason.  Somone on here is an attorney and handled it for them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 04, 2020, 03:31:58 PM
Unfortunately I gave up on this gig some time ago. Discover closed my account back in 2018 and they would never give me any information about exactly why, but AUs is the only thing I can fathom. I haven't had any luck with AUs on my Citi card. They never seem to report properly despite following the instructions to call in and add SSN and so on.

Has anyone had any luck opening a new Discover card after getting an account closed? I would like to get another one but not sure how long I should wait or if they will ever give me another one.

I think you can sue them for canceling without telling you.  You'll have to search this thread but I know some ppl got a cash settlement from discover for this very reason.  Somone on here is an attorney and handled it for them.

@PointsLawyer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 04, 2020, 04:48:24 PM
Is there a way to add AUs to Citicards without having them send you actual cards? I know that it's easy to do with Barclays for example. Never figured out how to do it with Citi.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: AKS74U on February 04, 2020, 04:59:38 PM
From the new company regarding payout date:  10 weeks after the closing date

It's been 12+ weeks and still no payment nor any response from the owner to my repeated inquiries about my payment. It was my only sale with new company last year. Very disappointing to say the least. But I am also not sweating it. Old company is just a pleasure to work with and they have been getting all my cards.

I feel your pain. You would think after years of dropping the ball on untimely payments/non responsiveness, they would have figured out a better system.

I am seriously so annoyed with the new company. I've only had 3 adds with them over the last year, and I have not gotten paid within 2 months of "on-time" (11 weeks after is what they told me is standard) and have had to send follow-up after follow-up email. I'm so frustrated! I just emailed Cliff for the 3rd time about my AU added in September 2019. After I get paid for my last add I am DONE with them. It's not worth the hassle of chasing down my payment every. single. time. ACCKK!


I am leaving them too. I just need to remove a couple users and get paid. they owe me $1000+. Ive been asking about payment since november, Erica and Cliff, no answers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 04, 2020, 05:15:50 PM
Ugh. Sounds like the late payment issues have gotten way worse. I've contacted them for a few people and been able to get payment, but this sounds pretty widespread. As always, anyone can feel free to PM me with issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on February 05, 2020, 07:52:29 AM
Ugh. Sounds like the late payment issues have gotten way worse. I've contacted them for a few people and been able to get payment, but this sounds pretty widespread. As always, anyone can feel free to PM me with issues.

Yes, I do think it has gotten much worse over time. I keep track of order dates and payment dates (see image attached), and early 2018 I was paid ~60 days after the order, then late 2018 it went up to ~70s, ~90s, and 128. I've got an April 2019 add that I haven't been paid for (in fairness, I didn't notice until December), and I got an email yesterday that that payment would be going out immediately.

When I emailed E as a second point of contact, she said that C was the only one who could handle payment issues and he's been particularly busy lately with a new portal about to launch, which is an explanation but not really good business practice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kcinegnet on February 05, 2020, 08:25:19 AM
Just out of curiosity, is there a reason why we are not using the direct names of the tradeline companies?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 05, 2020, 11:30:29 AM
Something I just happened to notice.  Closing dates change.  Is there any standard practice to notify the TL company?  I was updating my spread sheet and noticed that the closing date the TL has and what's on my last statement is now about half a month apart.  Or am I wrong here?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 05, 2020, 11:38:23 AM
Something I just happened to notice.  Closing dates change.  Is there any standard practice to notify the TL company?  I was updating my spread sheet and noticed that the closing date the TL has and what's on my last statement is now about half a month apart.  Or am I wrong here?

I would notify them. That's a pretty crucial piece of info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on February 05, 2020, 11:59:49 AM
anyone else have a fraud alert on their credit report and seen any issues with AU's posting?

I recently put one on mine due to a recurring identity theft issue starting from years ago(unrelated to and preceeding any tradeline activity), which requires additional verification for any new CC accounts I open. Just tried adding several AMEX AU's online and it said applications pending verification, I called and they just needed some identity verification info to complete the adds. Not sure if every add I'll make with other cards (I also have Chase/Citi/Barclays) will just require another phone verification or could the fraud alert jeopardize the posting in some way?

fyi recently started with a company that takes AMEX although since it doesn't backdate and only posts as a new acct it's only $25 but sells frequently and easy add/removal process, just sold 5 at a time month 1. The company said they've added up to 99 users on a card without any risk of shut down, the most AMEX has ever requested is proof of income verification
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 05, 2020, 12:02:53 PM
@EliteZags which company accepts AMEX cards for tradelines? I thought nobody accepted amex?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on February 05, 2020, 12:33:13 PM
I can PM the info to anyone interested
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 05, 2020, 12:34:00 PM
Yes, can you pm me please?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jojoguy on February 05, 2020, 12:41:47 PM
I am somewhat branching away from topic here. I have been churning credit cards for the last year and a half and trying to plan ahead to jump into this venture as well. I just got rejected in applying for a Capital One Savor One card. This is the first time I have been rejected for anything as my credit score has been hovering between 805-810. I think that I got rejected because I got the Capital One Quicksilver back in December. I got a little greedy. If you are rejected, how long will it take to apply for the same card or same credit card company again?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 05, 2020, 12:49:16 PM
Doctor of credit is probably the best source of information about credit card applications, churning restrictions etc
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jojoguy on February 05, 2020, 12:56:15 PM
Doctor of credit is probably the best source of information about credit card applications, churning restrictions etc

Thanks. Ah, I see why my application was rejected now. I didn`t know that Capital One limits one card per 6 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 05, 2020, 01:22:50 PM
Doctor of credit is probably the best source of information about credit card applications, churning restrictions etc

Thanks. Ah, I see why my application was rejected now. I didn`t know that Capital One limits one card per 6 months.

capital one is finicky.  I don't even have a CO card (neither does my wife) and we were both rejected when we applied.  I don't think you could find better candidates for a CC than me and my wife, so their rejection sticks out as really weird to me.  Of course this doesn't stop them from spamming the shit out of my address with applications for their cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on February 05, 2020, 01:46:01 PM
Just out of curiosity, is there a reason why we are not using the direct names of the tradeline companies?

Trying to keep the info out of Google
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on February 05, 2020, 01:48:33 PM
Doctor of credit is probably the best source of information about credit card applications, churning restrictions etc

Thanks. Ah, I see why my application was rejected now. I didn`t know that Capital One limits one card per 6 months.

I was successful in signing up for that card (with the very nice $500 cashback bonus). However, in reading the comments it sounds like they're really looking for people they can make money off of, i.e. not people with excellent credit who have never made a late payment and don't carry large balances.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nate79 on February 05, 2020, 08:23:48 PM
From the new company regarding payout date:  10 weeks after the closing date

It's been 12+ weeks and still no payment nor any response from the owner to my repeated inquiries about my payment. It was my only sale with new company last year. Very disappointing to say the least. But I am also not sweating it. Old company is just a pleasure to work with and they have been getting all my cards.

I feel your pain. You would think after years of dropping the ball on untimely payments/non responsiveness, they would have figured out a better system.

I am seriously so annoyed with the new company. I've only had 3 adds with them over the last year, and I have not gotten paid within 2 months of "on-time" (11 weeks after is what they told me is standard) and have had to send follow-up after follow-up email. I'm so frustrated! I just emailed Cliff for the 3rd time about my AU added in September 2019. After I get paid for my last add I am DONE with them. It's not worth the hassle of chasing down my payment every. single. time. ACCKK!


I am leaving them too. I just need to remove a couple users and get paid. they owe me $1000+. Ive been asking about payment since november, Erica and Cliff, no answers.
Same issue here. No payment for months and response has been almost non existent. And when Cliff does respond and says they will pay it never happens.

Sent from my SM-G950U using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 06, 2020, 07:19:11 AM
I was rejected also for a Savor card.  They gave the reason as being too many cards applied for in the last 2 years.  Note that none of those cards applied for were cap one cards.  So they're more restrictive than even Chase.  I forget the max cap one allows, but remember noting it was far worse than Chase is.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Kcinegnet on February 06, 2020, 09:29:17 AM
@EliteZags I too am interested in Amex tradeline company. I also am looking for other companies if others have suggestions. My previous companies have gone out of business or are selling poorly. Most of my cards are under 3 years old but between $4000 & $13,000. I'd be glad to mention you referred me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 07, 2020, 08:36:25 AM
@EliteZags I too am interested in Amex tradeline company. I also am looking for other companies if others have suggestions. My previous companies have gone out of business or are selling poorly. Most of my cards are under 3 years old but between $4000 & $13,000. I'd be glad to mention you referred me.

Be very afraid.

Do you know how to vet a tradeline company to know that they're keeping your information secure?  Do you know how to determine that the SEC isn't going to include you in a fraud conspiracy charge?  Are you ok with adding an AU and then having the tradeline company say you're not getting paid, take down the AU because they paid their fee with a stolen credit card?

PM arebelspy for the companies.  Then email the company using Joe's referral.  He gets some money for that and deserves it in my opinion because he's done the legwork.  It's easy to find companies who will take any card you have.  Then things go wrong and you can only blame yourself for not even knowing what to check.  Don't get greedy and careless.  This ain't no party.  This ain't no disco.  This ain't no foolin' around.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on February 07, 2020, 09:59:43 AM
Also, AMEX cards don't work because authorized users on AMEX cards do NOT inherit the card history. 

ie.  If you had you amex open since 2010, but added an AU on 01/2020, on the AU's credit report, it will show a new AMEX card starting on 01/2020 for them, not 2010.

If a tradeline company claims to be able to accept AMEX cards, they are lying to you. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 07, 2020, 10:15:40 AM
Unfortunately both old and new company aren't accepting new cards right now, unless they're very old/high limit.

I wish I could find other TL companies that vet AUs well, but it's a more expensive/complicated process and most just don't bother.

I keep searching, but just hear bad stories. Unfortunate.

Also, AMEX cards don't work because authorized users on AMEX cards do NOT inherit the card history. 

ie.  If you had you amex open since 2010, but added an AU on 01/2020, on the AU's credit report, it will show a new AMEX card starting on 01/2020 for them, not 2010.

If a tradeline company claims to be able to accept AMEX cards, they are lying to you. 

I mean they CAN accept Amex, it just doesn't really help them in terms of credit age, it only helps their limit.

For someone with an average age that's quite old, but has lots of debt, adding an Amex would lower their DTI, but worsen their average age.

For most users it wouldn't help, and likely could hurt, so that's why most don't accept it, or use other card issuers.

Apparently that company uses them, but pays very low. Doesn't seem worth it to me, but YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on February 07, 2020, 10:39:04 AM
Also, AMEX cards don't work because authorized users on AMEX cards do NOT inherit the card history. 

ie.  If you had you amex open since 2010, but added an AU on 01/2020, on the AU's credit report, it will show a new AMEX card starting on 01/2020 for them, not 2010.

If a tradeline company claims to be able to accept AMEX cards, they are lying to you.

that's why the rate is only $25 but they sell high volume and never have issues from Amex, took 5 minutes to add 5 AU's online and I don't use the card a ton anyways
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 07, 2020, 10:40:32 AM
ARS, how does adding someone as a AU change their DTI? Don't their debt and income stay the same?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on February 07, 2020, 10:43:06 AM
ARS, how does adding someone as a AU change their DTI? Don't their debt and income stay the same?
Pretty sure he meant credit utilization ratio.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 07, 2020, 11:19:09 AM
ARS, how does adding someone as a AU change their DTI? Don't their debt and income stay the same?
Pretty sure he meant credit utilization ratio.
I did, thanks for the clarification. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on February 07, 2020, 07:42:52 PM
What other credit card companies(that work for tradelines) have a completely online system for adding AUs? I have USAA, Discover, CapitalOne and Barclays currently. Calling in every time for USAA can be a bit of a hassle sometimes. Trying to get a few more cards seasoning for if/when cards start getting accepted again. Also, does anyone know if I can add my wife's cards to my account too?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 07, 2020, 08:37:35 PM
Also, does anyone know if I can add my wife's cards to my account too?

With old company, you can do under your account or establish a second account.  Up to you/wife.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 07, 2020, 08:40:25 PM
Unfortunately both old and new company aren't accepting new cards right now, unless they're very old/high limit.

Thanks again @arebelspy for sharing this little side business with the rest of us.

Question: Do you know what the old company is looking for these days in terms of cards?  Wondering if you know the current definition of 'high limit'.  I have some I would like to add but they were not the right fit the last time they opened up for new cards.  Thanks for any info!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 07, 2020, 09:46:25 PM
What other credit card companies(that work for tradelines) have a completely online system for adding AUs? I have USAA, Discover, CapitalOne and Barclays currently. Calling in every time for USAA can be a bit of a hassle sometimes. Trying to get a few more cards seasoning for if/when cards start getting accepted again. Also, does anyone know if I can add my wife's cards to my account too?

Chase and Barclays are the ones I know for sure.  USBank you have to call in for adds, but can SM to remove.  I've shifted to SMs to remove in all cases just because it's easiest for me that way and seems to work just fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 08, 2020, 09:41:35 AM
What other credit card companies(that work for tradelines) have a completely online system for adding AUs? I have USAA, Discover, CapitalOne and Barclays currently. Calling in every time for USAA can be a bit of a hassle sometimes. Trying to get a few more cards seasoning for if/when cards start getting accepted again. Also, does anyone know if I can add my wife's cards to my account too?

Chase and Barclays are the ones I know for sure.  USBank you have to call in for adds, but can SM to remove.  I've shifted to SMs to remove in all cases just because it's easiest for me that way and seems to work just fine.

Another one is Elan.  Fidelity Rewards card in my case.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 08, 2020, 08:32:01 PM
Unfortunately both old and new company aren't accepting new cards right now, unless they're very old/high limit.

Thanks again @arebelspy for sharing this little side business with the rest of us.

Question: Do you know what the old company is looking for these days in terms of cards?  Wondering if you know the current definition of 'high limit'.  I have some I would like to add but they were not the right fit the last time they opened up for new cards.  Thanks for any info!
At least 20k, sometimes 30. They fluctuate based on need.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 09, 2020, 07:20:08 AM

Thanks again @arebelspy for sharing this little side business with the rest of us.

Question: Do you know what the old company is looking for these days in terms of cards?  Wondering if you know the current definition of 'high limit'.  I have some I would like to add but they were not the right fit the last time they opened up for new cards.  Thanks for any info!
[/quote]At least 20k, sometimes 30. They fluctuate based on need.
[/quote]

Thanks ARS!

I may need to contact Barclay about combining some CL's then.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 11, 2020, 08:49:22 AM
What other credit card companies(that work for tradelines) have a completely online system for adding AUs? I have USAA, Discover, CapitalOne and Barclays currently. Calling in every time for USAA can be a bit of a hassle sometimes. Trying to get a few more cards seasoning for if/when cards start getting accepted again. Also, does anyone know if I can add my wife's cards to my account too?

Chase and Barclays are the ones I know for sure.  USBank you have to call in for adds, but can SM to remove.  I've shifted to SMs to remove in all cases just because it's easiest for me that way and seems to work just fine.


USBank:  top: Customer service .... then Self Service .... then Add Authorized User

:D


As of a month ago, old company was accepting old credit over $20k.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 11, 2020, 09:50:17 AM
What other credit card companies(that work for tradelines) have a completely online system for adding AUs? I have USAA, Discover, CapitalOne and Barclays currently. Calling in every time for USAA can be a bit of a hassle sometimes. Trying to get a few more cards seasoning for if/when cards start getting accepted again. Also, does anyone know if I can add my wife's cards to my account too?

Chase and Barclays are the ones I know for sure.  USBank you have to call in for adds, but can SM to remove.  I've shifted to SMs to remove in all cases just because it's easiest for me that way and seems to work just fine.


USBank:  top: Customer service .... then Self Service .... then Add Authorized User

:D


As of a month ago, old company was accepting old credit over $20k.

Thanks!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 11, 2020, 11:53:14 AM
Regarding late payments from the new company, several people reached out to me about lack of payment from adds last year.

I've been in touch with the owner and I believe everyone has been paid. Please contact me if you haven't, especially if you contacted me before, but haven't heard anything yet.

Sounds like a lot of disorganization at the new company right now as they go through a couple major transitions--one of their main employees left a month or so ago, leaving a lot of extra work. However, they now have a new hire from Boost My Score who just went out of business, which should enable a lot more streamlining and growth. And they're about to roll out a new portal that will be especially good for resellers, so more sales.

Overall, they're a bit disorganized, and this has been the case for years, and it seemed to be getting worse, but I'm tentatively crossing my fingers that it'll actually trend better.

As always, feel free to contact me with any issues. Sometimes it's easier for the owner to have one point of contact than a lot.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Appledee on February 13, 2020, 08:28:47 PM
Hello,
Can anyone recommend any good reputable companies. I've been scammed before and Im hoping someone can help me out before I give up completely.

PM

Thank you
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 13, 2020, 09:18:19 PM
Hello,
Can anyone recommend any good reputable companies. I've been scammed before and Im hoping someone can help me out before I give up completely.

PM

Thank you

Sending PM now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: stronskr78 on February 15, 2020, 11:43:50 AM
I have signed up with Wholesale trade line in January 2020,  I have added 15 users to my card and today found out that they have ceased operations.  They are saying that they will honor any orders placed before Feb 10 but I am not sure if I buy that.  Do you guys recommend taking these users off, keep them and hope for a payout?  Any one can recommend any good company to go with?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on February 15, 2020, 01:41:46 PM
I would leave them on thats alot of money, maybe you will get half? I leave mine on for two months generally.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 01, 2020, 08:20:54 PM
Has anybody used BBVA credit cards for selling tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 02, 2020, 07:54:07 AM
Has anybody used BBVA credit cards for selling tradelines?

I have a "new, low limit" one with the old company.  2 AUs every 2 months.  If you have an old, high limit card, they'll take it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 02, 2020, 12:29:33 PM
Has anybody used BBVA credit cards for selling tradelines?

I have a "new, low limit" one with the old company.  2 AUs every 2 months.  If you have an old, high limit card, they'll take it.

That's great, thanks. Is it easy to add and remove AUs on their website or do you need to call? Any problems with them like requests for additional documents etc?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 02, 2020, 12:52:11 PM
You have to call in to add and remove.

I've never had any card ask me for more info.  If any were to, *I* would ignore them.  I only use cards that can crash and burn for AUs, so they're welcome to close my account.  I give zero info, ever.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 04, 2020, 12:26:16 PM
Has anybody used BBVA credit cards for selling tradelines?

I have a "new, low limit" one with the old company.  2 AUs every 2 months.  If you have an old, high limit card, they'll take it.

Are you able to add AU online with BBVA? I haven't seen anywhere that's an option...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 04, 2020, 12:32:12 PM
Has anybody used BBVA credit cards for selling tradelines?

I have a "new, low limit" one with the old company.  2 AUs every 2 months.  If you have an old, high limit card, they'll take it.

Are you able to add AU online with BBVA? I haven't seen anywhere that's an option...

No

....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jafr1284 on March 13, 2020, 10:59:55 AM
Maybe one of us Mustachians could start a tradeline company and fix some of the issues we have been experiencing?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 13, 2020, 11:01:29 AM
Maybe one of us Mustachians could start a tradeline company and fix some of the issues we have been experiencing?

This has been talked about for years in this thread, but no one has stepped up yet. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jafr1284 on March 13, 2020, 01:15:58 PM
I would like to start tradelining, but all my credit cards dont have high enough limits. I will be raising the limits on these as much as I can but if they question my income I might have a problem haha. I just got my first barclays card, the AAdvantage Aviator Red World Elite Mastercard. I will be getting 60k miles after the first purchase. It has a $99 fee, but after the first year I will downgrade.
I hope to start tradelining this card soon, but I don't think its eligible for the new or the old company. Does anyone have any alternative companies they currently recommend?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 13, 2020, 03:18:19 PM
Maybe one of us Mustachians could start a tradeline company and fix some of the issues we have been experiencing?

If you want to do this, jafr, you'd have a lot of support from people on this forum.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on March 13, 2020, 04:27:51 PM
I would like to start tradelining, but all my credit cards dont have high enough limits. I will be raising the limits on these as much as I can but if they question my income I might have a problem haha. I just got my first barclays card, the AAdvantage Aviator Red World Elite Mastercard. I will be getting 60k miles after the first purchase. It has a $99 fee, but after the first year I will downgrade.
I hope to start tradelining this card soon, but I don't think its eligible for the new or the old company. Does anyone have any alternative companies they currently recommend?

YMMV but Barclays told me the downgrade option was no longer available on that particular card. I HUCA a LOT and was told the same. I also heard many others with this card receive the same message. So head's up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on March 14, 2020, 03:11:16 AM
Maybe one of us Mustachians could start a tradeline company and fix some of the issues we have been experiencing?

This has been talked about for years in this thread, but no one has stepped up yet.
ARS tried for real a couple years ago - there are some significant barriers to entry it turns out.

What kinds of barriers?  Questionable legality?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 14, 2020, 12:49:07 PM
I tried building a tradeline company a couple years ago. The biggest hurdle I faced was finding customers. Who buys AU slots? Most people are completely unaware of them, so they have to be educated. It requires a source of leads and a sales team to go after them. I never found a good answer to this question.

The rest of the stuff - business, accounting, legal, etc - was pretty run-of-the-mill.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 14, 2020, 07:58:44 PM
The leads are weak.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DadJokes on March 16, 2020, 09:59:14 AM
I tried building a tradeline company a couple years ago. The biggest hurdle I faced was finding customers. Who buys AU slots? Most people are completely unaware of them, so they have to be educated. It requires a source of leads and a sales team to go after them. I never found a good answer to this question.

The rest of the stuff - business, accounting, legal, etc - was pretty run-of-the-mill.

I'm guessing targeted ads online are the best bet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jafr1284 on March 16, 2020, 10:01:06 AM
I tried building a tradeline company a couple years ago. The biggest hurdle I faced was finding customers. Who buys AU slots? Most people are completely unaware of them, so they have to be educated. It requires a source of leads and a sales team to go after them. I never found a good answer to this question.

The rest of the stuff - business, accounting, legal, etc - was pretty run-of-the-mill.
I can imagine it would require a significant marketing budget. I wonder what sort of marketing would be most effective at generating leads.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on March 16, 2020, 01:07:20 PM
Does anyone know if it's possible to see AU's online for Bank of America?  I know that I can add AU online, but I can't seem to find a way to see the AUs.  On the same note, if I just added someone and realized that I made a mistake (I copied "orth" rather than "North" for AU's address"), can I correct it online?  Do I need to call B of A?

Thank you
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 16, 2020, 01:20:47 PM
You'll need to call for both of those things.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on March 16, 2020, 01:38:57 PM
You'll need to call for both of those things.

Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on March 17, 2020, 05:39:17 AM
I just had an add with the new company, their instructions don't say when I can remove the AU, do you guys know, or does it depend on the bank? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 17, 2020, 06:11:28 AM
I just had an add with the new company, their instructions don't say when I can remove the AU, do you guys know, or does it depend on the bank?

They will usually send you a notification when it's time to remove.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on March 17, 2020, 07:50:46 PM
I just had an add with the new company, their instructions don't say when I can remove the AU, do you guys know, or does it depend on the bank?

They will usually send you a notification when it's time to remove.
thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 19, 2020, 07:39:24 PM
Not sure what's going on with bank of america.  I got a notice to remove an AU so I called up BoA yesterday and was told the wait time was 2 hours and 47 minutes, so I hung up and decided to try again today.  Today I was told it was a 27 minute wait time, and was given the option to get a call back.  That was an hour ago and I haven't been called back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 19, 2020, 07:42:54 PM
Not sure what's going on with bank of america.  I got a notice to remove an AU so I called up BoA yesterday and was told the wait time was 2 hours and 47 minutes, so I hung up and decided to try again today.  Today I was told it was a 27 minute wait time, and was given the option to get a call back.  That was an hour ago and I haven't been called back.
Probably because many call centers are closed and/or employees are missing work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 19, 2020, 07:51:11 PM
Not sure what's going on with bank of america.  I got a notice to remove an AU so I called up BoA yesterday and was told the wait time was 2 hours and 47 minutes, so I hung up and decided to try again today.  Today I was told it was a 27 minute wait time, and was given the option to get a call back.  That was an hour ago and I haven't been called back.
Probably because many call centers are closed and/or employees are missing work.

It also depends on which card you're calling in about.  I think BofA allocates CSRs to various call queues, and doesn't do a good job of it.  So if you have multiple BofA cards, try calling the numbers on the other ones.  I had occasion to call them the other day about two cards of mine; one card was an hour and six minute hold time, and the other was two minutes.  The CSR on the two minute queue was able to help me with both cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 23, 2020, 02:14:07 PM
I have used their online chat function to remove AU before, works great.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 24, 2020, 05:40:41 AM
Not sure what's going on with bank of america.  I got a notice to remove an AU so I called up BoA yesterday and was told the wait time was 2 hours and 47 minutes, so I hung up and decided to try again today.  Today I was told it was a 27 minute wait time, and was given the option to get a call back.  That was an hour ago and I haven't been called back.

They did end up calling me back about 3.5 hours later.  The rep seemed rushed.  He didn't ask me if I got the card back or any of that, he just removed the AU and moved on like he had a backlog of calls 3+ hours out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on March 28, 2020, 04:33:44 AM
If you enroll spouses card, is it necessary to tell the company that the card is in your spouses name?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 28, 2020, 06:08:53 AM
If you enroll spouses card, is it necessary to tell the company that the card is in your spouses name?

I might set up a spouse as a separate client with a separate email and separate cards, for two reasons.  First, if we were also doing bank bonuses, it would be helpful to have two different paychecks from the company to more easily facilitate getting multiple bank bonuses at a time.  And second, just because I view it as cleaner somehow - it makes things line up with the tradeline company the way things actually are, and it doesn't misrepresent to the tradeline company whose card it actually is.

But as a practical matter, if you're sharing finances, I think it would work just fine.  I can't think of a reason it wouldn't.
 Actually, now that I think about it, there are a couple of minor practical snags to consider:

First, if you get the email to add an AU on your spouse's card and they have to call in to add the AU, then you'd have to coordinate that handoff with your spouse.  Sometimes their can be tight timeframes to add AUs, and if you're busy or don't share an email or aren't otherwise able to coordinate the handoff (and hand-back to mark the AU as added) then that could occasionally create minor issues and perhaps even a situation where you're not able to add the AU in time, which is generally not good for anyone.

Second, from a tax perspective, if you're using your piggybacking income to contribute to a retirement plan, then the income and the retirement plan both have to be in your name.  This could affect you in situations where you're claiming the retirement savings tax credit because there is a per-spouse limit and spouses' contributions are treated individually.  Or if you want to max everything out, then having that income in just your name could hamper that goal, but that is probably only in extreme scenarios.

HTH.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on March 28, 2020, 06:24:30 AM
If you enroll spouses card, is it necessary to tell the company that the card is in your spouses name?

I might set up a spouse as a separate client with a separate email and separate cards, for two reasons.  First, if we were also doing bank bonuses, it would be helpful to have two different paychecks from the company to more easily facilitate getting multiple bank bonuses at a time.  And second, just because I view it as cleaner somehow - it makes things line up with the tradeline company the way things actually are, and it doesn't misrepresent to the tradeline company whose card it actually is.

But as a practical matter, if you're sharing finances, I think it would work just fine.  I can't think of a reason it wouldn't.
 Actually, now that I think about it, there are a couple of minor practical snags to consider:

First, if you get the email to add an AU on your spouse's card and they have to call in to add the AU, then you'd have to coordinate that handoff with your spouse.  Sometimes their can be tight timeframes to add AUs, and if you're busy or don't share an email or aren't otherwise able to coordinate the handoff (and hand-back to mark the AU as added) then that could occasionally create minor issues and perhaps even a situation where you're not able to add the AU in time, which is generally not good for anyone.

Second, from a tax perspective, if you're using your piggybacking income to contribute to a retirement plan, then the income and the retirement plan both have to be in your name.  This could affect you in situations where you're claiming the retirement savings tax credit because there is a per-spouse limit and spouses' contributions are treated individually.  Or if you want to max everything out, then having that income in just your name could hamper that goal, but that is probably only in extreme scenarios.

HTH.
Thanks.  I'm only wondering whether I will get paid or not by the tradeline company if the name on the card is my husband's not mine and they don't know that. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 28, 2020, 07:32:07 AM
If you enroll spouses card, is it necessary to tell the company that the card is in your spouses name?

I might set up a spouse as a separate client with a separate email and separate cards, for two reasons.  First, if we were also doing bank bonuses, it would be helpful to have two different paychecks from the company to more easily facilitate getting multiple bank bonuses at a time.  And second, just because I view it as cleaner somehow - it makes things line up with the tradeline company the way things actually are, and it doesn't misrepresent to the tradeline company whose card it actually is.

But as a practical matter, if you're sharing finances, I think it would work just fine.  I can't think of a reason it wouldn't.
 Actually, now that I think about it, there are a couple of minor practical snags to consider:

First, if you get the email to add an AU on your spouse's card and they have to call in to add the AU, then you'd have to coordinate that handoff with your spouse.  Sometimes their can be tight timeframes to add AUs, and if you're busy or don't share an email or aren't otherwise able to coordinate the handoff (and hand-back to mark the AU as added) then that could occasionally create minor issues and perhaps even a situation where you're not able to add the AU in time, which is generally not good for anyone.

Second, from a tax perspective, if you're using your piggybacking income to contribute to a retirement plan, then the income and the retirement plan both have to be in your name.  This could affect you in situations where you're claiming the retirement savings tax credit because there is a per-spouse limit and spouses' contributions are treated individually.  Or if you want to max everything out, then having that income in just your name could hamper that goal, but that is probably only in extreme scenarios.

HTH.
Thanks.  I'm only wondering whether I will get paid or not by the tradeline company if the name on the card is my husband's not mine and they don't know that.

They pay you as long as the line shows up on the AU's report.  All you represent to the TL company is the issuer (Citi, Chase, etc), the age of the line (3 years or whatever), and the CL ($15,000 or whatever).  Nowhere in the process does your name show up on the AU's report, which is all the AU or the TL company would look at.  So it should work as far as I can tell.

At the end of the year, the 1099 will be issued to you in your name, so again, it could matter from a tax perspective.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on March 28, 2020, 07:54:15 AM
If you enroll spouses card, is it necessary to tell the company that the card is in your spouses name?

I might set up a spouse as a separate client with a separate email and separate cards, for two reasons.  First, if we were also doing bank bonuses, it would be helpful to have two different paychecks from the company to more easily facilitate getting multiple bank bonuses at a time.  And second, just because I view it as cleaner somehow - it makes things line up with the tradeline company the way things actually are, and it doesn't misrepresent to the tradeline company whose card it actually is.

But as a practical matter, if you're sharing finances, I think it would work just fine.  I can't think of a reason it wouldn't.
 Actually, now that I think about it, there are a couple of minor practical snags to consider:

First, if you get the email to add an AU on your spouse's card and they have to call in to add the AU, then you'd have to coordinate that handoff with your spouse.  Sometimes their can be tight timeframes to add AUs, and if you're busy or don't share an email or aren't otherwise able to coordinate the handoff (and hand-back to mark the AU as added) then that could occasionally create minor issues and perhaps even a situation where you're not able to add the AU in time, which is generally not good for anyone.

Second, from a tax perspective, if you're using your piggybacking income to contribute to a retirement plan, then the income and the retirement plan both have to be in your name.  This could affect you in situations where you're claiming the retirement savings tax credit because there is a per-spouse limit and spouses' contributions are treated individually.  Or if you want to max everything out, then having that income in just your name could hamper that goal, but that is probably only in extreme scenarios.

HTH.
Thanks.  I'm only wondering whether I will get paid or not by the tradeline company if the name on the card is my husband's not mine and they don't know that.

They pay you as long as the line shows up on the AU's report.  All you represent to the TL company is the issuer (Citi, Chase, etc), the age of the line (3 years or whatever), and the CL ($15,000 or whatever).  Nowhere in the process does your name show up on the AU's report, which is all the AU or the TL company would look at.  So it should work as far as I can tell.

At the end of the year, the 1099 will be issued to you in your name, so again, it could matter from a tax perspective.

Thanks, I hope you are right.  I was concerned because when I login to there system it shows my tradeline and it states that my name is on the credit card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 28, 2020, 12:33:53 PM
If you enroll spouses card, is it necessary to tell the company that the card is in your spouses name?

I might set up a spouse as a separate client with a separate email and separate cards, for two reasons.  First, if we were also doing bank bonuses, it would be helpful to have two different paychecks from the company to more easily facilitate getting multiple bank bonuses at a time.  And second, just because I view it as cleaner somehow - it makes things line up with the tradeline company the way things actually are, and it doesn't misrepresent to the tradeline company whose card it actually is.

But as a practical matter, if you're sharing finances, I think it would work just fine.  I can't think of a reason it wouldn't.
 Actually, now that I think about it, there are a couple of minor practical snags to consider:

First, if you get the email to add an AU on your spouse's card and they have to call in to add the AU, then you'd have to coordinate that handoff with your spouse.  Sometimes their can be tight timeframes to add AUs, and if you're busy or don't share an email or aren't otherwise able to coordinate the handoff (and hand-back to mark the AU as added) then that could occasionally create minor issues and perhaps even a situation where you're not able to add the AU in time, which is generally not good for anyone.

Second, from a tax perspective, if you're using your piggybacking income to contribute to a retirement plan, then the income and the retirement plan both have to be in your name.  This could affect you in situations where you're claiming the retirement savings tax credit because there is a per-spouse limit and spouses' contributions are treated individually.  Or if you want to max everything out, then having that income in just your name could hamper that goal, but that is probably only in extreme scenarios.

HTH.
Thanks.  I'm only wondering whether I will get paid or not by the tradeline company if the name on the card is my husband's not mine and they don't know that.

Wouldn't someone purchasing that tradeline get associated with your husband's credit history instead of your credit history if the card is in your husband's name?  There may be a lot of shared accounts on your credit reports, but you will have separate and independent credit reports and I would think each tradeline account would be restricted to only listing cards under their own name. 

My wife isn't signed up, but I am assuming when we do sign her up she will need to provide her SSN, contact info, etc along with the cards, and set up her own account and the tradeline company would deal with her directly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on March 28, 2020, 12:43:34 PM
Is a charge of as small as $4.50 enough to have it still be reported to the credit agencies, like equifax, transunion, experian ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 28, 2020, 12:44:20 PM
I have both my spouse and my cards combined with one company. I do remember last year when the trade line company pulled my credit karma report, some of my spouses cards showed up as mine .
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 28, 2020, 12:47:51 PM
Is a charge of as small as $4.50 enough to have it still be reported to the credit agencies, like equifax, transunion, experian ?

Last time I did $2.50 per card to keep my cards active. If I remember correctly, the balances were reported. Not sure if they were reported to all the bureaus for all the cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 28, 2020, 12:53:48 PM
Discover will forgive small balances, like 2$ happened to me. Maybe 4$ is enough. I fill with amazon gift card if I am caught with a low balance I go in ten dollar increments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on March 28, 2020, 01:01:18 PM
If you enroll spouses card, is it necessary to tell the company that the card is in your spouses name?

I might set up a spouse as a separate client with a separate email and separate cards, for two reasons.  First, if we were also doing bank bonuses, it would be helpful to have two different paychecks from the company to more easily facilitate getting multiple bank bonuses at a time.  And second, just because I view it as cleaner somehow - it makes things line up with the tradeline company the way things actually are, and it doesn't misrepresent to the tradeline company whose card it actually is.

But as a practical matter, if you're sharing finances, I think it would work just fine.  I can't think of a reason it wouldn't.
 Actually, now that I think about it, there are a couple of minor practical snags to consider:

First, if you get the email to add an AU on your spouse's card and they have to call in to add the AU, then you'd have to coordinate that handoff with your spouse.  Sometimes their can be tight timeframes to add AUs, and if you're busy or don't share an email or aren't otherwise able to coordinate the handoff (and hand-back to mark the AU as added) then that could occasionally create minor issues and perhaps even a situation where you're not able to add the AU in time, which is generally not good for anyone.

Second, from a tax perspective, if you're using your piggybacking income to contribute to a retirement plan, then the income and the retirement plan both have to be in your name.  This could affect you in situations where you're claiming the retirement savings tax credit because there is a per-spouse limit and spouses' contributions are treated individually.  Or if you want to max everything out, then having that income in just your name could hamper that goal, but that is probably only in extreme scenarios.

HTH.
Thanks.  I'm only wondering whether I will get paid or not by the tradeline company if the name on the card is my husband's not mine and they don't know that.

Wouldn't someone purchasing that tradeline get associated with your husband's credit history instead of your credit history if the card is in your husband's name?  There may be a lot of shared accounts on your credit reports, but you will have separate and independent credit reports and I would think each tradeline account would be restricted to only listing cards under their own name. 

My wife isn't signed up, but I am assuming when we do sign her up she will need to provide her SSN, contact info, etc along with the cards, and set up her own account and the tradeline company would deal with her directly.
Yes, and that's fine.  I don't see it as a problem.  Is this a problem?  I just want to make sure I get paid by the tradeline company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on March 28, 2020, 01:03:35 PM
I have both my spouse and my cards combined with one company. I do remember last year when the trade line company pulled my credit karma report, some of my spouses cards showed up as mine .
But did you tell the company which cards are in your name and which ones are your spouse's name?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 28, 2020, 01:29:14 PM
No , the company pulled my credit report and said I will take these six cards. Some were  my spouses. Then later I added more cards, they pulled both our credit karma reports, and took the other 2 cards. I do remember the new company did split it up some payment for DW others for me. My new company that I am with just pays me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 28, 2020, 01:32:32 PM
I don't think it will matter for sales purposes.

@secondcor521  raised some good points on tax impacts.

I can tell you that old company told me I could do it either way.  Since we are married, they did not carry which way we went.  Either option was acceptable to that company.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 30, 2020, 06:35:12 AM
Some cards forgive low balances.  Discover and Wells forgive $2.  Most others that do forgive $1.  I make sure my tradeline cards have $2.01 into Amazon every month.  It helps to have a spread sheet to make sure your tradeline cards have something reported and so you get the forgiveness on the others.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jafr1284 on March 31, 2020, 03:20:47 PM
https://www.ftc.gov/system/files/documents/cases/192_3059_boost_my_score_complaint_filed_0.pdf
What do you all think of this lawsuit? Is this something  we need to worry about?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 31, 2020, 04:02:30 PM
https://www.ftc.gov/system/files/documents/cases/192_3059_boost_my_score_complaint_filed_0.pdf
What do you all think of this lawsuit? Is this something  we need to worry about?

Most of it relates to bad behavior by a TL company, who is the entity being sued by the FTC here.  I am not a TL company and don't work with this particular one, so I don't have a direct concern.

The only points that personally interest me in the slightest are numbers 26 and 67, which is where the FTC is basically saying that this TL company is behaving in a way that harms the general credit extension system.  I think this is a legitimate concern of the FTC.  I thought it was generally understood that piggybacking is exploiting loopholes, and that loopholes have a way of eventually getting closed.

My interest here is an indirect one.  I'd rather not see piggybacking become limited / restricted / shut down, and this TL company's bad behavior is probably accelerating that happening.  Oh well, not much I can do, and not much risk to me personally that I can see.  :shrug:
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 31, 2020, 05:01:39 PM
https://www.ftc.gov/system/files/documents/cases/192_3059_boost_my_score_complaint_filed_0.pdf
What do you all think of this lawsuit? Is this something  we need to worry about?

I guess this explains why boostmyscore shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 31, 2020, 05:43:09 PM
Yeah, Lifehacker posted about it like 3 weeks ago:
https://twocents.lifehacker.com/dont-pay-for-credit-repair-piggyback-scams-1842243066

Same thing as the previous FTC judgement/settlement.

The key takeaways:
1) Don't promise things re: score bump.
2) Don't do credit repair and take payment up front.

Neither are allowed. Notice the FTC headline on the press release is that the company "deceived consumers" (item 1). And said they did item 2, which is illegal.

Tradelines itself is fine. Both companies that ran afoul of the FTC did both of those things not allowed. Neither TL company I use does (and I spoke with both owners at length after the previous FTC ruling, last Spring/early Summer IIRC).

It remains to be seen if the FTC will go after them, as they do somewhat seem to be targeting tradeline companies, but it would have to be on different issues than the previous two complaints.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jafr1284 on March 31, 2020, 06:17:49 PM
Yeah, Lifehacker posted about it like 3 weeks ago:
https://twocents.lifehacker.com/dont-pay-for-credit-repair-piggyback-scams-1842243066

Same thing as the previous FTC judgement/settlement.

The key takeaways:
1) Don't promise things re: score bump.
2) Don't do credit repair and take payment up front.

Neither are allowed. Notice the FTC headline on the press release is that the company "deceived consumers" (item 1). And said they did item 2, which is illegal.

Tradelines itself is fine. Both companies that ran afoul of the FTC did both of those things not allowed. Neither TL company I use does (and I spoke with both owners at length after the previous FTC ruling, last Spring/early Summer IIRC).

It remains to be seen if the FTC will go after them, as they do somewhat seem to be targeting tradeline companies, but it would have to be on different issues than the previous two complaints.
Hey thanks! I should have searched first. Hopefully our little gig doesn't get shut down, but if it is predatory and not helping the customers than ethically I would have trouble continuing to supply the tradelines. I hope this works out ok, seems like they were just not doing this properly and got sued.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DarrellEW on March 31, 2020, 09:17:55 PM
Has anyone had any luck getting through to Citi lately?

I have an AU add that I need to request, but their phone lines are so busy that they don't even put you on hold. The automated system just tells you to try again later and hangs up on you (after wasting 5 minutes of your time going through the automated prompts, argh).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on March 31, 2020, 09:48:58 PM
Has anyone had any luck getting through to Citi lately?

I have an AU add that I need to request, but their phone lines are so busy that they don't even put you on hold. The automated system just tells you to try again later and hangs up on you (after wasting 5 minutes of your time going through the automated prompts, argh).
I have the same problem, been trying to remove one for over a week now.
Chat is unavailable as well
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on April 01, 2020, 10:18:31 AM
Has anyone had any luck getting through to Citi lately?

I have an AU add that I need to request, but their phone lines are so busy that they don't even put you on hold. The automated system just tells you to try again later and hangs up on you (after wasting 5 minutes of your time going through the automated prompts, argh).
I have the same problem, been trying to remove one for over a week now.
Chat is unavailable as well

I'm sitting on hold as we speak. There's no other way to add/remove, so we just have to wait, I guess.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on April 01, 2020, 08:42:35 PM
Has anyone had any luck getting through to Citi lately?

I have an AU add that I need to request, but their phone lines are so busy that they don't even put you on hold. The automated system just tells you to try again later and hangs up on you (after wasting 5 minutes of your time going through the automated prompts, argh).
I have the same problem, been trying to remove one for over a week now.
Chat is unavailable as well

I'm sitting on hold as we speak. There's no other way to add/remove, so we just have to wait, I guess.

I called three times today, waiting over an hour each time. Finally I gave up and added the AU online. The only problem with adding online is there is no place to enter a SSN. So I sent a secure message through the site asking them to add the SSN to the AU I just added. Hope it works!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 03, 2020, 10:13:03 AM
First time I tried I was disconnected due to high call volume. Tried again later that night and got through and was able to make the add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on April 04, 2020, 08:09:13 AM
I was able to get through to Citi, after spending an hour on hold, early on Saturday morning.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on April 08, 2020, 02:21:14 PM
Is the new company still taking one-year old cards? I've got a Barclay's card with $15k limit that's about to hit the one-year mark.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MM_MG on April 09, 2020, 09:20:48 AM
The leads are weak.

This made me laugh.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 09, 2020, 11:10:59 AM
Is the new company still taking one-year old cards? I've got a Barclay's card with $15k limit that's about to hit the one-year mark.

Nope.

You have to keep your ear to the ground (or just watch this thread).  They tend to open up for new/low limit cards now and then and close up accepting them fairly quickly.  I've got in twice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on April 09, 2020, 11:24:34 AM
Is the new company still taking one-year old cards? I've got a Barclay's card with $15k limit that's about to hit the one-year mark.

Nope.

You have to keep your ear to the ground (or just watch this thread).  They tend to open up for new/low limit cards now and then and close up accepting them fairly quickly.  I've got in twice.

I got one new card in with the old company several months ago but nothing yet. I'd hoped to have one with each to double my chances.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 09, 2020, 12:42:37 PM
Is the new company still taking one-year old cards? I've got a Barclay's card with $15k limit that's about to hit the one-year mark.

Nope.

You have to keep your ear to the ground (or just watch this thread).  They tend to open up for new/low limit cards now and then and close up accepting them fairly quickly.  I've got in twice.

I got one new card in with the old company several months ago but nothing yet. I'd hoped to have one with each to double my chances.


It *may* increase your chances but it won't likely double your chances.  I've got 7 cards with the old company and 4 with the new.  20 AU spots or so sold through the old company this year so far.  1 with the new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on April 09, 2020, 02:12:30 PM
I have 4 AU adds that just popped up today with the New Company.  It is the same two people, twice.  They both are to be added on a Barclay card and also on a Discover card.  Both people have an identical address, and when I google it, it is a UPS store.  Should I be concerned at all by doing these adds?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on April 09, 2020, 03:44:25 PM
I have 4 AU adds that just popped up today with the New Company.  It is the same two people, twice.  They both are to be added on a Barclay card and also on a Discover card.  Both people have an identical address, and when I google it, it is a UPS store.  Should I be concerned at all by doing these adds?

Yeah, that doesn't sound right. I'd contact New Company and tell them exactly what you just told us. See what they say.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DarrellEW on April 09, 2020, 04:01:41 PM
I have 4 AU adds that just popped up today with the New Company.  It is the same two people, twice.  They both are to be added on a Barclay card and also on a Discover card.  Both people have an identical address, and when I google it, it is a UPS store.  Should I be concerned at all by doing these adds?

It wouldn't hurt to contact the TL company, but on the surface, this seems fairly reasonable.

If a customer wants a bigger boost to their credit score, then buying two slots is better than one, and I believe the TL company may intentionally give two slots from the same cardholder to reduce the chance that something goes wrong and only one of the two will post.

Plenty of people use mailboxes at UPS for businesses, or when they want better privacy, or if they are on the road/moving around frequently. These two people are likely partners (either in business or relationship) and are planning to jointly apply for a mortgage, business loan, etc, so they both wanted to boost their scores similarly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 11, 2020, 06:25:47 PM
The new company told me that they sometimes bundle cards and sell the package.  They asked me to get the same closing date on my 4 cards, which I did.  I think I've had 1 AU from them since.  :unamused:
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: robartsd on April 13, 2020, 10:08:59 AM
I have 4 AU adds that just popped up today with the New Company.  It is the same two people, twice.  They both are to be added on a Barclay card and also on a Discover card.  Both people have an identical address, and when I google it, it is a UPS store.  Should I be concerned at all by doing these adds?
My first guess would be that it is likely a couple (unmarried or married without name change) looking to improve credit scores for both of them in advance of a joint major purchase. If they are approaching the purchase with similar credit and need their combined income to qualify for the loan, it could make sense to purchase the same tradeline slots for both of them. No harm in asking the TL company to make sure it is OK though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 15, 2020, 04:15:00 AM
Is it normal to have the transaction in a pending state 2 weeks after adding AU with the new company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PointsLawyer on April 15, 2020, 08:24:09 AM
Unfortunately I gave up on this gig some time ago. Discover closed my account back in 2018 and they would never give me any information about exactly why, but AUs is the only thing I can fathom. I haven't had any luck with AUs on my Citi card. They never seem to report properly despite following the instructions to call in and add SSN and so on.

Has anyone had any luck opening a new Discover card after getting an account closed? I would like to get another one but not sure how long I should wait or if they will ever give me another one.

I think you can sue them for canceling without telling you.  You'll have to search this thread but I know some ppl got a cash settlement from discover for this very reason.  Somone on here is an attorney and handled it for them.

@PointsLawyer.

Thanks so much, everybody for keeping my name out there. I wish I could be more active here, but wife and I just had yet another baby (I know, very un-mustachian of me :) ).

I've wrapped up 95% of my Discover cases at this point. I was very pleased with the outcomes (I like to think the clients were too)!

We've adjusted the laser on USAA. I had three great rulings from the last month or so soundly defeating their defenses to closures. All that is to say, there's still lots of opportunities if you're closed by, not just USAA but, any of these banks (whether it's for piggybacking or playing the points/miles games).

If I can ever be of help, please let me know! You can always shoot me an email at Darr [at] Darr . Law
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 16, 2020, 10:54:57 AM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on April 16, 2020, 11:01:10 AM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

See the post directly above yours. Contact that guy!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 16, 2020, 11:23:18 AM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.
How many AUs have you had on that card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 16, 2020, 11:51:58 AM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

See the post directly above yours. Contact that guy!

I thought that was only applicable when they blew you off and didn't give you a specific reason?  It sounds like they very clearly called me out on my AU usage as the reason to shut it down.  I'll have to read the letter when I get home.

I don't remember how many AU I've added.  I'd have to log in and check when I get home.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 16, 2020, 02:13:59 PM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

At least one of the companies does warn that BofA is more likely to shut down accounts.

I personally would be curious - if you're willing to share and have the data - if your AU activity ever exceeded the recommendations of the company you were using.  The company I use recommends a max of 2 AUs at a time and leaving AUs on for 4 months for BofA cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 16, 2020, 04:45:07 PM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

At least one of the companies does warn that BofA is more likely to shut down accounts.

I personally would be curious - if you're willing to share and have the data - if your AU activity ever exceeded the recommendations of the company you were using.  The company I use recommends a max of 2 AUs at a time and leaving AUs on for 4 months for BofA cards.

I added 6 AU total, never exceeded 2 simultaneously.

Feb 2018
Mar 2018
Jun 2018
Jul 2018
Sep 2018
Dec 2019
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 16, 2020, 04:49:29 PM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

At least one of the companies does warn that BofA is more likely to shut down accounts.

I personally would be curious - if you're willing to share and have the data - if your AU activity ever exceeded the recommendations of the company you were using.  The company I use recommends a max of 2 AUs at a time and leaving AUs on for 4 months for BofA cards.

I added 6 AU total, never exceeded 2 simultaneously.

Feb 2018
Mar 2018
Jun 2018
Jul 2018
Sep 2018
Dec 2019

Thanks for the data point.  Do you know if you left them on for 4 months each?

(I'm not trying to be critical.  I'm just trying to use others' experiences to assess whether my current MO is appropriate or too conservative or too risky.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 16, 2020, 04:52:27 PM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

At least one of the companies does warn that BofA is more likely to shut down accounts.

I personally would be curious - if you're willing to share and have the data - if your AU activity ever exceeded the recommendations of the company you were using.  The company I use recommends a max of 2 AUs at a time and leaving AUs on for 4 months for BofA cards.

I added 6 AU total, never exceeded 2 simultaneously.

Feb 2018
Mar 2018
Jun 2018
Jul 2018
Sep 2018
Dec 2019

Thanks for the data point.  Do you know if you left them on for 4 months each?

(I'm not trying to be critical.  I'm just trying to use others' experiences to assess whether my current MO is appropriate or too conservative or too risky.)

I did whatever the TL company asked (I don't remember if it's the new or old company, it's the one with Cliff).  It looks like it was around 3 months for each add between add and remove date. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 16, 2020, 06:21:54 PM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

At least one of the companies does warn that BofA is more likely to shut down accounts.

I personally would be curious - if you're willing to share and have the data - if your AU activity ever exceeded the recommendations of the company you were using.  The company I use recommends a max of 2 AUs at a time and leaving AUs on for 4 months for BofA cards.

I added 6 AU total, never exceeded 2 simultaneously.

Feb 2018
Mar 2018
Jun 2018
Jul 2018
Sep 2018
Dec 2019

Thanks for the data point.  Do you know if you left them on for 4 months each?

(I'm not trying to be critical.  I'm just trying to use others' experiences to assess whether my current MO is appropriate or too conservative or too risky.)

I did whatever the TL company asked (I don't remember if it's the new or old company, it's the one with Cliff).  It looks like it was around 3 months for each add between add and remove date.

Thanks again for the information.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on April 16, 2020, 07:17:13 PM
The good thing about bofa shut down is that they don't black list you and you can reapply for new cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 17, 2020, 04:52:25 AM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

See the post directly above yours. Contact that guy!

I thought that was only applicable when they blew you off and didn't give you a specific reason?  It sounds like they very clearly called me out on my AU usage as the reason to shut it down.  I'll have to read the letter when I get home.

I don't remember how many AU I've added.  I'd have to log in and check when I get home.
How do you check online your AUs?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 17, 2020, 05:47:11 AM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

See the post directly above yours. Contact that guy!

I thought that was only applicable when they blew you off and didn't give you a specific reason?  It sounds like they very clearly called me out on my AU usage as the reason to shut it down.  I'll have to read the letter when I get home.

I don't remember how many AU I've added.  I'd have to log in and check when I get home.
How do you check online your AUs?

I checked in the tradeline company's portal. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 17, 2020, 06:17:19 AM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

See the post directly above yours. Contact that guy!

I thought that was only applicable when they blew you off and didn't give you a specific reason?  It sounds like they very clearly called me out on my AU usage as the reason to shut it down.  I'll have to read the letter when I get home.

I don't remember how many AU I've added.  I'd have to log in and check when I get home.
How do you check online your AUs?

I checked in the tradeline company's portal.
Ok, thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 17, 2020, 06:31:38 AM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

See the post directly above yours. Contact that guy!

I thought that was only applicable when they blew you off and didn't give you a specific reason?  It sounds like they very clearly called me out on my AU usage as the reason to shut it down.  I'll have to read the letter when I get home.

I don't remember how many AU I've added.  I'd have to log in and check when I get home.
How do you check online your AUs?

I checked in the tradeline company's portal.
SO what did the latter exactly say?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 17, 2020, 06:47:09 AM
SO what did the latter exactly say?

Quote from: BoA buttholes
Credit card ending in: XXXX

Frugalnacho:
 
Unfortunately, we've made the decision to close your credit card. Here's what you need to know.
We carefully reviewed your account history, credit report(s) provided by the credit reporting agency(ies) listed below and current economic and loss trends. We also considered your relationship with us and, unfortunately, we had to close your account because of the following reason(s):
Irregular authorized user activity on one or more of your accounts

You'll also find important information on Page 2 in the Equal Credit Opportunity Act Notice.
Things you need to do
Keep making your monthly payments. You'll continue to get a monthly statement until your account balance is paid in full. You can still use Mobile and Online Banking to see your account and make your payments.
Cancel any recurring payments. Contact any businesses that are billing your account to cancel the payments and make other payment arrangements. This will help you avoid fees or service interruptions.
Destroy any credit cards and cash advance checks associated with this account. We won't process any more transactions on this account.
Make other arrangements for overdraft protection. If your account is enrolled in overdraft protection, it can no longer be used to provide this service.

We're here to help
We want you to be financially successful. Learn more about understanding credit in the enclosed brochure and on our Better Money Habits website, which provides tools and information to help you manage your money. We hope you'll check it out at
bettermoneyhabits.com/healthycredit.
Let us know if you have any questions about this decision by writing to us at Bank of America, PO Box 982235, El Paso, TX 79998-2235.
Want to know more about your credit?
Since you have the right to a free copy of your credit report, we recommend you start there to get the best understanding.

Trans Union, PO Box 1000, Chester, PA 19016-1000. Their phone
number is 1.800.888.4213 and their website is
www.transunion.com/myoptions

The Fair Credit Reporting Act Notice on page 2 provides details about your right to know the information in your credit report.
Please see the important disclosures on the next page

FAIR CREDIT REPORTING ACT NOTICE
The credit reporting agency indicated in this letter did not make the decision to take adverse action and is unable to provide you with the specific reasons why this action was taken. You have the right to obtain a free copy of your consumer report by contacting the credit reporting agency, if you request it no later than 60 days after you receive this notice. You also have the right to dispute the accuracy or completeness of any information in your consumer report.
EQUAL CREDIT OPPORTUNITY ACT NOTICE
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning Bank of America, N.A., 100 N. Tryon Street, Charlotte, NC 28255, is the Bureau of Consumer Financial Protection, 1700 G Street NW, Washington, DC 20006.
CREDIT SCORE DISCLOSURE
Your credit score, a FICO score, used by us in taking the above action is 807, which was created on April 09, 2020 and provided by a credit reporting agency, Trans Union, PO Box 1000, Chester, PA 19016-1000. Their phone number is 1.800.888.4213 and their website is
www.transunion.com/myoptions. The range of possible scores is 300 to 850. Your credit score is a number that reflects the information in your credit report. Your credit score can change, depending on how the information in your credit report changes.
The key factors that adversely affected your credit score are:
Proportion of loan balances to loan amounts is too high
Too many accounts with balances
Too many inquiries last 12 months
Length of time revolving accounts have been established
Please note that these factors relate only to your credit score. The reason(s) for our credit decision are given separately at the beginning of this letter. If you have questions regarding your credit score or the factors affecting the score, please contact Trans Union, PO Box 1000, Chester, PA 19016-1000. Their phone number is 1.800.888.4213 and their website is www.transunion.com/myoptions.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 17, 2020, 06:52:50 AM
SO what did the latter exactly say?

Quote from: BoA buttholes
Credit card ending in: XXXX

Frugalnacho:
 
Unfortunately, we've made the decision to close your credit card. Here's what you need to know.
We carefully reviewed your account history, credit report(s) provided by the credit reporting agency(ies) listed below and current economic and loss trends. We also considered your relationship with us and, unfortunately, we had to close your account because of the following reason(s):
Irregular authorized user activity on one or more of your accounts

You'll also find important information on Page 2 in the Equal Credit Opportunity Act Notice.
Things you need to do
Keep making your monthly payments. You'll continue to get a monthly statement until your account balance is paid in full. You can still use Mobile and Online Banking to see your account and make your payments.
Cancel any recurring payments. Contact any businesses that are billing your account to cancel the payments and make other payment arrangements. This will help you avoid fees or service interruptions.
Destroy any credit cards and cash advance checks associated with this account. We won't process any more transactions on this account.
Make other arrangements for overdraft protection. If your account is enrolled in overdraft protection, it can no longer be used to provide this service.

We're here to help
We want you to be financially successful. Learn more about understanding credit in the enclosed brochure and on our Better Money Habits website, which provides tools and information to help you manage your money. We hope you'll check it out at
bettermoneyhabits.com/healthycredit.
Let us know if you have any questions about this decision by writing to us at Bank of America, PO Box 982235, El Paso, TX 79998-2235.
Want to know more about your credit?
Since you have the right to a free copy of your credit report, we recommend you start there to get the best understanding.

Trans Union, PO Box 1000, Chester, PA 19016-1000. Their phone
number is 1.800.888.4213 and their website is
www.transunion.com/myoptions

The Fair Credit Reporting Act Notice on page 2 provides details about your right to know the information in your credit report.
Please see the important disclosures on the next page

FAIR CREDIT REPORTING ACT NOTICE
The credit reporting agency indicated in this letter did not make the decision to take adverse action and is unable to provide you with the specific reasons why this action was taken. You have the right to obtain a free copy of your consumer report by contacting the credit reporting agency, if you request it no later than 60 days after you receive this notice. You also have the right to dispute the accuracy or completeness of any information in your consumer report.
EQUAL CREDIT OPPORTUNITY ACT NOTICE
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning Bank of America, N.A., 100 N. Tryon Street, Charlotte, NC 28255, is the Bureau of Consumer Financial Protection, 1700 G Street NW, Washington, DC 20006.
CREDIT SCORE DISCLOSURE
Your credit score, a FICO score, used by us in taking the above action is 807, which was created on April 09, 2020 and provided by a credit reporting agency, Trans Union, PO Box 1000, Chester, PA 19016-1000. Their phone number is 1.800.888.4213 and their website is
www.transunion.com/myoptions. The range of possible scores is 300 to 850. Your credit score is a number that reflects the information in your credit report. Your credit score can change, depending on how the information in your credit report changes.
The key factors that adversely affected your credit score are:
Proportion of loan balances to loan amounts is too high
Too many accounts with balances
Too many inquiries last 12 months
Length of time revolving accounts have been established
Please note that these factors relate only to your credit score. The reason(s) for our credit decision are given separately at the beginning of this letter. If you have questions regarding your credit score or the factors affecting the score, please contact Trans Union, PO Box 1000, Chester, PA 19016-1000. Their phone number is 1.800.888.4213 and their website is www.transunion.com/myoptions.
Thanks.  do you only have one CC with them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 17, 2020, 07:15:43 AM
Yes that was my only account with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 17, 2020, 07:33:34 AM
Yes that was my only account with them.
I'm wondering if you have more than one CC if they close them all or just the one that had AUs
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on April 17, 2020, 08:15:19 AM
Yes that was my only account with them.
I'm wondering if you have more than one CC if they close them all or just the one that had AUs

They only close the accounts in question.

Data point: In 2017, I had 3 CCs with them, 2 used for selling tradelines.  Both of those were shut down, my last CC wasn't.  I have since opened 2 more CCs with BofA, back up to 3 total.  I'm letting them season to drop them back into the AU game soon.

So:
- Bofa only closes the AU cards.
- They don't blacklist you from applying for new cards afterwards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 17, 2020, 09:11:36 AM
Yes that was my only account with them.
I'm wondering if you have more than one CC if they close them all or just the one that had AUs

They only close the accounts in question.

Data point: In 2017, I had 3 CCs with them, 2 used for selling tradelines.  Both of those were shut down, my last CC wasn't.  I have since opened 2 more CCs with BofA, back up to 3 total.  I'm letting them season to drop them back into the AU game soon.

So:
- Bofa only closes the AU cards.
- They don't blacklist you from applying for new cards afterwards.
Thanks, good to know!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 17, 2020, 10:09:35 AM
Yes that was my only account with them.
I'm wondering if you have more than one CC if they close them all or just the one that had AUs

They only close the accounts in question.

Data point: In 2017, I had 3 CCs with them, 2 used for selling tradelines.  Both of those were shut down, my last CC wasn't.  I have since opened 2 more CCs with BofA, back up to 3 total.  I'm letting them season to drop them back into the AU game soon.

So:
- Bofa only closes the AU cards.
- They don't blacklist you from applying for new cards afterwards.

Good data point, and tracks with what the tradeline companies say.

Do note that this behavior varies by issuer.  I believe Chase will close all accounts (credit cards and bank accounts) and I think they blacklist you for a while if not forever.  However I think Chase is also singular in their zeal; most other CC companies are more like BofA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on April 17, 2020, 04:28:47 PM
Thanks PointsLawyer for the Discover card settlement.

As it turns out Discover did provide a 1099 for the settlement, but I am ready for that and know how to do the taxes for it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: px4shooter on April 17, 2020, 08:09:21 PM
I have 4 AU adds that just popped up today with the New Company.  It is the same two people, twice.  They both are to be added on a Barclay card and also on a Discover card.  Both people have an identical address, and when I google it, it is a UPS store.  Should I be concerned at all by doing these adds?
My first guess would be that it is likely a couple (unmarried or married without name change) looking to improve credit scores for both of them in advance of a joint major purchase. If they are approaching the purchase with similar credit and need their combined income to qualify for the loan, it could make sense to purchase the same tradeline slots for both of them. No harm in asking the TL company to make sure it is OK though.

That could be. But it seems more like it is a synthetic identity being created.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 18, 2020, 06:37:58 AM
RE Bank of America I had two newish cards with them, say a year old each. I used both for trade lines and was shut down after a few months. They shut both cards that had tradelines on them. I may have added 3 ton4 on each card. I have not applied for another card again, it has been 2.5 years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 18, 2020, 07:20:39 AM
RE Bank of America I had two newish cards with them, say a year old each. I used both for trade lines and was shut down after a few months. They shut both cards that had tradelines on them. I may have added 3 ton4 on each card. I have not applied for another card again, it has been 2.5 years.
I was advised to never use more than one card for trade lines from the same bank
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 18, 2020, 07:35:10 AM
That is interesting about not using the same bank cards, could be an important data point  regarding shutdowns that’s missing.
Currently I have been using only one card per bank and have not been shut down in years. I have had to answer to fraud department a few times with TD bank and discover. But I continue to add tradelines up until the recommended amount. Discover 2or 3 users at a time. Barclays up to 5, Citibank up to 3, Capital One 2 maybe 3 max.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 18, 2020, 07:39:15 AM
That is interesting about not using the same bank cards, could be an important data point  regarding shutdowns that’s missing.

Yes, interesting.

On a good note, Barclays doesn't care about that. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 18, 2020, 07:43:13 AM
I love Barclays they are so laid back. My next card is a 2 year old Barclays, I feel that I am coming to the plateau of AU, that I can add to my old Barclays, so I hope you are right and I can chug along with the newer card when the inevitable 30 or 35 user endpoint arrives. I wonder if Discover has something similar?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on April 18, 2020, 07:56:01 AM
That is interesting about not using the same bank cards, could be an important data point  regarding shutdowns that’s missing.
Currently I have been using only one card per bank and have not been shut down in years. I have had to answer to fraud department a few times with TD bank and discover. But I continue to add tradelines up until the recommended amount. Discover 2or 3 users at a time. Barclays up to 5, Citibank up to 3, Capital One 2 maybe 3 max.
I believe that's in the old company's instructions.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 18, 2020, 11:50:37 AM
That is interesting about not using the same bank cards, could be an important data point  regarding shutdowns that’s missing.
Currently I have been using only one card per bank and have not been shut down in years. I have had to answer to fraud department a few times with TD bank and discover. But I continue to add tradelines up until the recommended amount. Discover 2or 3 users at a time. Barclays up to 5, Citibank up to 3, Capital One 2 maybe 3 max.

I've used multiple cards at USBank and Chase and haven't had any cards shut down, and I've been piggybacking for about 2 1/2 years.

I do follow virtually all TL company recommendations and work with the TL companies recommended by ARS.  I think those two steps, plus decent social engineering skills with CSRs, are largely but probably not 100% protective.

It's also probably a good time to mention again the recommendation (I'm pretty sure it's in the OP and/or the TL instructions) that you only piggyback with cards and companies that you're OK with getting shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 18, 2020, 12:51:29 PM
I love Barclays they are so laid back. My next card is a 2 year old Barclays, I feel that I am coming to the plateau of AU, that I can add to my old Barclays, so I hope you are right and I can chug along with the newer card when the inevitable 30 or 35 user endpoint arrives. I wonder if Discover has something similar?
Barclays is the best. So easy to add and remove AU's. Exactly zero issues to this point. I've got one BofA card and had I think 3 or 4 spots sold last year, so not a lot. Still up and running. My highest value card is USAA but I cringe every time I get an AU add with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 18, 2020, 04:54:30 PM
I've got 2 with Barclays and 2 with US Bank.  They're all in the old company's new/low limit program.  I literally get 2 AUs on each card every period (2 months).  I've had no problem with any of them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 18, 2020, 05:20:21 PM
Any tips on credit line increase requests with Barclays? I tried to increase my credit line a few months ago but they declined and said that I already had enough between 3 or 4 cards I had with them at the time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 18, 2020, 07:01:43 PM
Any tips on credit line increase requests with Barclays? I tried to increase my credit line a few months ago but they declined and said that I already had enough between 3 or 4 cards I had with them at the time.

Probably not helpful but I have found over many years that Barclays is very conservative with credit limits.  I think they also do a hard pull if you request the increase.  May not be worth the hard pull.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 30, 2020, 06:31:49 AM
I recently received two adds on my BofA card. I noticed the "when to remove" dates are 4 and 5 months out. Could be a new change to help prevent shutdowns. I'm cool with that as those slots weren't getting filled much anyways.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 30, 2020, 09:49:43 AM
Any tips on credit line increase requests with Barclays? I tried to increase my credit line a few months ago but they declined and said that I already had enough between 3 or 4 cards I had with them at the time.

Probably not helpful but I have found over many years that Barclays is very conservative with credit limits.  I think they also do a hard pull if you request the increase.  May not be worth the hard pull.

My experience with Barclays: they wouldn't approve more than 4 cards at any one time for me or my wife. Our total credit limit is identical across all of our cards ($42,000 each), so I'm guessing they peg that to a percentage of your total self reported income (in our case 28%). If you want a higher limit, you can always update your income information and then make the request. No guarantees this will work, but if you are going to risk the hard inquiry (can confirm) it would be worth doing.

My wife and I also recently hit the limit of AU on one card each. I added them up and it was 30 users on each card. Once I get notification to remove the final user on each of those accounts, I will be closing them and applying for another card. Barclays is by far the best issuer for selling tradelines. I have offered (and sold) as many as six slots with each of my cards and have had exactly ZERO issues. If you're just getting into the credit card churning game, there are better cards to get for the sign up bonus (though Barclays does have some decent ones). But if you're looking to get into the tradeline sales game, Barclays is the way to go, hands down. I have made just under $10,000 over the past 4 years on just those cards alone. The rest of my cards barely total $3,000 and are much more painful for adds, removals, or both.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 30, 2020, 02:10:53 PM
Any tips on credit line increase requests with Barclays? I tried to increase my credit line a few months ago but they declined and said that I already had enough between 3 or 4 cards I had with them at the time.

Probably not helpful but I have found over many years that Barclays is very conservative with credit limits.  I think they also do a hard pull if you request the increase.  May not be worth the hard pull.

My experience with Barclays: they wouldn't approve more than 4 cards at any one time for me or my wife. Our total credit limit is identical across all of our cards ($42,000 each), so I'm guessing they peg that to a percentage of your total self reported income (in our case 28%). If you want a higher limit, you can always update your income information and then make the request. No guarantees this will work, but if you are going to risk the hard inquiry (can confirm) it would be worth doing.

My wife and I also recently hit the limit of AU on one card each. I added them up and it was 30 users on each card. Once I get notification to remove the final user on each of those accounts, I will be closing them and applying for another card. Barclays is by far the best issuer for selling tradelines. I have offered (and sold) as many as six slots with each of my cards and have had exactly ZERO issues. If you're just getting into the credit card churning game, there are better cards to get for the sign up bonus (though Barclays does have some decent ones). But if you're looking to get into the tradeline sales game, Barclays is the way to go, hands down. I have made just under $10,000 over the past 4 years on just those cards alone. The rest of my cards barely total $3,000 and are much more painful for adds, removals, or both.
I was just looking through the Barclay offerings yesterday. My spouse and I both fell back under 5/24 and hit the Chase cards pretty hard for a bit. I am thinking long(er) term for selling tradelines. We have a couple Barclaycards in the system that sell routinely. I see Barclays has quite a few offerings. Wondering if they all will work for tradelines? Honestly I don't know that I can get any use from any of the sign up bonuses. Already have the Arrival and Aviator cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 01, 2020, 04:35:11 AM
With the new company how long does it take for the AU to post?  I added an AU in March and it still showing as pending on their portal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 01, 2020, 05:50:46 AM
With the new company how long does it take for the AU to post?  I added an AU in March and it still showing as pending on their portal.

Sometimes it takes a while. I don't think that's unusual.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 01, 2020, 09:25:29 AM
Any tips on credit line increase requests with Barclays? I tried to increase my credit line a few months ago but they declined and said that I already had enough between 3 or 4 cards I had with them at the time.

Probably not helpful but I have found over many years that Barclays is very conservative with credit limits.  I think they also do a hard pull if you request the increase.  May not be worth the hard pull.

My experience with Barclays: they wouldn't approve more than 4 cards at any one time for me or my wife. Our total credit limit is identical across all of our cards ($42,000 each), so I'm guessing they peg that to a percentage of your total self reported income (in our case 28%). If you want a higher limit, you can always update your income information and then make the request. No guarantees this will work, but if you are going to risk the hard inquiry (can confirm) it would be worth doing.

My wife and I also recently hit the limit of AU on one card each. I added them up and it was 30 users on each card. Once I get notification to remove the final user on each of those accounts, I will be closing them and applying for another card. Barclays is by far the best issuer for selling tradelines. I have offered (and sold) as many as six slots with each of my cards and have had exactly ZERO issues. If you're just getting into the credit card churning game, there are better cards to get for the sign up bonus (though Barclays does have some decent ones). But if you're looking to get into the tradeline sales game, Barclays is the way to go, hands down. I have made just under $10,000 over the past 4 years on just those cards alone. The rest of my cards barely total $3,000 and are much more painful for adds, removals, or both.
I was just looking through the Barclay offerings yesterday. My spouse and I both fell back under 5/24 and hit the Chase cards pretty hard for a bit. I am thinking long(er) term for selling tradelines. We have a couple Barclaycards in the system that sell routinely. I see Barclays has quite a few offerings. Wondering if they all will work for tradelines? Honestly I don't know that I can get any use from any of the sign up bonuses. Already have the Arrival and Aviator cards.

I've opened several of their cards with little regard to the bonuses. The Uber card initially offered $100 cash back, but then changed it to $100 Uber Cash (which I have no use for). As far as I know they should all work for selling tradelines. If you're opening it for that specific purpose I would stick to the ones with no annual fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 01, 2020, 10:59:33 AM
Any tips on credit line increase requests with Barclays? I tried to increase my credit line a few months ago but they declined and said that I already had enough between 3 or 4 cards I had with them at the time.

Probably not helpful but I have found over many years that Barclays is very conservative with credit limits.  I think they also do a hard pull if you request the increase.  May not be worth the hard pull.

My experience with Barclays: they wouldn't approve more than 4 cards at any one time for me or my wife. Our total credit limit is identical across all of our cards ($42,000 each), so I'm guessing they peg that to a percentage of your total self reported income (in our case 28%). If you want a higher limit, you can always update your income information and then make the request. No guarantees this will work, but if you are going to risk the hard inquiry (can confirm) it would be worth doing.

My wife and I also recently hit the limit of AU on one card each. I added them up and it was 30 users on each card. Once I get notification to remove the final user on each of those accounts, I will be closing them and applying for another card. Barclays is by far the best issuer for selling tradelines. I have offered (and sold) as many as six slots with each of my cards and have had exactly ZERO issues. If you're just getting into the credit card churning game, there are better cards to get for the sign up bonus (though Barclays does have some decent ones). But if you're looking to get into the tradeline sales game, Barclays is the way to go, hands down. I have made just under $10,000 over the past 4 years on just those cards alone. The rest of my cards barely total $3,000 and are much more painful for adds, removals, or both.
I was just looking through the Barclay offerings yesterday. My spouse and I both fell back under 5/24 and hit the Chase cards pretty hard for a bit. I am thinking long(er) term for selling tradelines. We have a couple Barclaycards in the system that sell routinely. I see Barclays has quite a few offerings. Wondering if they all will work for tradelines? Honestly I don't know that I can get any use from any of the sign up bonuses. Already have the Arrival and Aviator cards.

I've opened several of their cards with little regard to the bonuses. The Uber card initially offered $100 cash back, but then changed it to $100 Uber Cash (which I have no use for). As far as I know they should all work for selling tradelines. If you're opening it for that specific purpose I would stick to the ones with no annual fee.

I have the Arrival card which provided a pretty nice bonus but when I looked at the rest of their cards none really made sense to me. I don't plan on flying anywhere for a while, and if I did it would probably not be with any of the airlines they have cards for. I've got a 15k limit on the Arrival card. When you opened additional accounts did they provide you with a similar limit to the ones you already had? If I'm going to open a new CC a few hundred dollars in signup bonus now seems a better deal than being able to sell tradelines in a year or two - and maybe not getting any sales with a new or lower limit card. I added one newer card with the old company when they were accepting those about six months ago and nothing yet. I guess in a year or two after the recession there will probably be an uptick in people looking to fix their credit. So maybe now is the time to start seasoning some cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 01, 2020, 01:17:24 PM
Hey Michael.  I think that cards added at the old company can take 6 months to start to get AUs but then they'll become pretty regular.  I've got a bunch of new/low limit ones with them from the first time they did it and one from 6 months ago.  The first round ones get 2 AUs every period (2 months) and the newest add got it's first AU this week.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 01, 2020, 01:56:37 PM
Any tips on credit line increase requests with Barclays? I tried to increase my credit line a few months ago but they declined and said that I already had enough between 3 or 4 cards I had with them at the time.

Probably not helpful but I have found over many years that Barclays is very conservative with credit limits.  I think they also do a hard pull if you request the increase.  May not be worth the hard pull.

My experience with Barclays: they wouldn't approve more than 4 cards at any one time for me or my wife. Our total credit limit is identical across all of our cards ($42,000 each), so I'm guessing they peg that to a percentage of your total self reported income (in our case 28%). If you want a higher limit, you can always update your income information and then make the request. No guarantees this will work, but if you are going to risk the hard inquiry (can confirm) it would be worth doing.

My wife and I also recently hit the limit of AU on one card each. I added them up and it was 30 users on each card. Once I get notification to remove the final user on each of those accounts, I will be closing them and applying for another card. Barclays is by far the best issuer for selling tradelines. I have offered (and sold) as many as six slots with each of my cards and have had exactly ZERO issues. If you're just getting into the credit card churning game, there are better cards to get for the sign up bonus (though Barclays does have some decent ones). But if you're looking to get into the tradeline sales game, Barclays is the way to go, hands down. I have made just under $10,000 over the past 4 years on just those cards alone. The rest of my cards barely total $3,000 and are much more painful for adds, removals, or both.
I was just looking through the Barclay offerings yesterday. My spouse and I both fell back under 5/24 and hit the Chase cards pretty hard for a bit. I am thinking long(er) term for selling tradelines. We have a couple Barclaycards in the system that sell routinely. I see Barclays has quite a few offerings. Wondering if they all will work for tradelines? Honestly I don't know that I can get any use from any of the sign up bonuses. Already have the Arrival and Aviator cards.

I've opened several of their cards with little regard to the bonuses. The Uber card initially offered $100 cash back, but then changed it to $100 Uber Cash (which I have no use for). As far as I know they should all work for selling tradelines. If you're opening it for that specific purpose I would stick to the ones with no annual fee.

I have the Arrival card which provided a pretty nice bonus but when I looked at the rest of their cards none really made sense to me. I don't plan on flying anywhere for a while, and if I did it would probably not be with any of the airlines they have cards for. I've got a 15k limit on the Arrival card. When you opened additional accounts did they provide you with a similar limit to the ones you already had? If I'm going to open a new CC a few hundred dollars in signup bonus now seems a better deal than being able to sell tradelines in a year or two - and maybe not getting any sales with a new or lower limit card. I added one newer card with the old company when they were accepting those about six months ago and nothing yet. I guess in a year or two after the recession there will probably be an uptick in people looking to fix their credit. So maybe now is the time to start seasoning some cards.

Even a $500 bonus now pales in comparison to thousands in potential tradeline sales with another Barclaycard. I have opened BofA and other cards over the last year or so for bonuses and future tradeline sales. Since we can't travel we have a backlog of miles and points that we keep piling on. I might just go ahead and open a couple more Barclaycards and sock drawer them for now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 01, 2020, 02:45:28 PM
Hey Michael.  I think that cards added at the old company can take 6 months to start to get AUs but then they'll become pretty regular.  I've got a bunch of new/low limit ones with them from the first time they did it and one from 6 months ago.  The first round ones get 2 AUs every period (2 months) and the newest add got it's first AU this week.

That's good to hear. I was late in adding a new/low limit card but since I started the process they let me complete it in December. Hopefully I start seeing some activity on it soon.


Quote from: MasterStache
Even a $500 bonus now pales in comparison to thousands in potential tradeline sales with another Barclaycard. I have opened BofA and other cards over the last year or so for bonuses and future tradeline sales. Since we can't travel we have a backlog of miles and points that we keep piling on. I might just go ahead and open a couple more Barclaycards and sock drawer them for now.

So I just requested a $7,000 increase in my credit line through the Barclay's website and an hour or two later got an email that it was approved. That card just hit the one year mark (and $89 annual fee) So when I get that one enrolled it will be paying quite a bit more. The old company tier is $10-15k and $15,001-20k then $20-30k so now that I'm at $22k it jumped from $75 to $175.

Maybe in a couple of days I'll sign up for another one. I've got an easy way to manufacture spending for an investment account so I can easily hit whatever sign-up bonus there might be then just let it season.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 01, 2020, 06:42:24 PM
Just had my bank of america account shut down for irregular AU activity.  My wife just got the letter at home and I'm at work, so I haven't read it yet.  Bummer, that was an old ass account with high limits.

W.T.F. BoA is already spamming me new card offers via postal mail. 

Also heard from PointsLawer and it's a no-go on a settlement with BoA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 01, 2020, 06:51:42 PM
I've got an easy way to manufacture spending for an investment account so I can easily hit whatever sign-up bonus there might be then just let it season.
I'm intrigued?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 02, 2020, 12:05:36 AM
I've got an easy way to manufacture spending for an investment account so I can easily hit whatever sign-up bonus there might be then just let it season.
I'm intrigued?

Link in my signature. More information here: https://forum.mrmoneymustache.com/reader-recommendations/kickfurther-earn-20-annualized-returns/
You can fund inventory purchases with a credit card for eCommerce businesses that offer annualized returns in the 15-25% range. Up until a couple of months ago the default rate was pretty low. The risk profile has certainly changed since then but there's still a lot of solid companies offering 3-9 month investments to fund their inventory purchases. You pay a 1.5% fee when you withdraw the money but if you get some credit card rewards that will essentially negate that - plus you would have earned some interest on the money you invested.

I've got about $10k spread across 20 deals or so. 5-10 have completed and paid out, a few are struggling, the rest are paying out on time or haven't started paying out yet but will start in the next few months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 02, 2020, 05:02:50 AM
I've got an easy way to manufacture spending for an investment account so I can easily hit whatever sign-up bonus there might be then just let it season.
I'm intrigued?

Link in my signature. More information here: https://forum.mrmoneymustache.com/reader-recommendations/kickfurther-earn-20-annualized-returns/
You can fund inventory purchases with a credit card for eCommerce businesses that offer annualized returns in the 15-25% range. Up until a couple of months ago the default rate was pretty low. The risk profile has certainly changed since then but there's still a lot of solid companies offering 3-9 month investments to fund their inventory purchases. You pay a 1.5% fee when you withdraw the money but if you get some credit card rewards that will essentially negate that - plus you would have earned some interest on the money you invested.

I've got about $10k spread across 20 deals or so. 5-10 have completed and paid out, a few are struggling, the rest are paying out on time or haven't started paying out yet but will start in the next few months.

Thanks, I may have to look into that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 02, 2020, 05:12:20 AM
I have one Barclay's card (no annual fee) and I'm thinking of applying for more, since you guys are praising their cards so much, but I'm afraid this will drag my credit card history down. How much does it matter?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 02, 2020, 03:15:29 PM
I have one Barclay's card (no annual fee) and I'm thinking of applying for more, since you guys are praising their cards so much, but I'm afraid this will drag my credit card history down. How much does it matter?

If your score is good now, I would say minimal.  It will reduce your average age of accounts a bit.  If you have a decent avg age now (older cards basically), then I really wouldn't worry about it.

If you post some more info, I am sure more specific advice can be given (if you like).

P.S. The NFL card used to do a decent bonus for minimal spend.  You could get that or another one and let it age for 2 years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on May 02, 2020, 03:41:56 PM
do the extra credit pulls do much damage with a 800+ score? I'm considering regularly opening new lines to start them seasoning, so even if a few cards get shut down in the future, I'll always have a pipeline of new seasoned cards ready to go.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 02, 2020, 04:03:01 PM
do the extra credit pulls do much damage with a 800+ score? I'm considering regularly opening new lines to start them seasoning, so even if a few cards get shut down in the future, I'll always have a pipeline of new seasoned cards ready to go.

It's not so much the credit pull itself, which is only a handful of points itself and goes away over time.  It's that the new line, assuming you're approved, lowers your average age of accounts, which is a second factor that they look at.

But if you're at 800+ with high income, really the limitations come in with overall credit extended to you by issuer, as well as the various issuer rules about how many applications within a given time frame and open cards you can have at a time.  These rules drift over time but are documented on lots of blogs out there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 03, 2020, 02:19:21 AM
My credit score is right around 800 and I have 4 cards now with about $50k in available credit. HH Income is a bit over $100k now but will drop back to around $90k in several months. One of those cards is about 10 years old, another around 20, and the last two are only about a year old.

Is there a rule of thumb about how much available credit before you start getting rejected for new cards or credit limit increases? I.e. 100% of HH income, 150%? I have no other debt, no mortgage, paid off student loans and last car loan years ago.

I'm generally averse to debt but at some point in the next five years I'll be buying a house so a strong credit score will obviously help with that. I'm also planning to buy a business in the next few years so the bank and SBA will be looking at my personal credit as well. However, in the short term if I open up a few new cards and my score drops 30-40 points it doesn't matter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 03, 2020, 02:49:39 AM
My credit score is right around 800 and I have 4 cards now with about $50k in available credit. HH Income is a bit over $100k now but will drop back to around $90k in several months. One of those cards is about 10 years old, another around 20, and the last two are only about a year old.

Is there a rule of thumb about how much available credit before you start getting rejected for new cards or credit limit increases? I.e. 100% of HH income, 150%? I have no other debt, no mortgage, paid off student loans and last car loan years ago.

I'm generally averse to debt but at some point in the next five years I'll be buying a house so a strong credit score will obviously help with that. I'm also planning to buy a business in the next few years so the bank and SBA will be looking at my personal credit as well. However, in the short term if I open up a few new cards and my score drops 30-40 points it doesn't matter.

It's not really very well known.  I'm over 400% currently.  Very roughly speaking, the major issuers will all issue you somewhere around 1x HHI across all your cards with them, so if you hit them all up, you could probably easily get to 4x to 5x.

With an 800 credit score, you shouldn't have to worry about getting a mortgage with the best rate AFAIK.

@arebelspy, not sure if you want to suggest keeping this thread just about piggybacking, or if general credit questions like this are OK.  (If I were king I'd make a separate thread, but I'm not. :) )
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 03, 2020, 03:00:52 AM
My credit score is right around 800 and I have 4 cards now with about $50k in available credit. HH Income is a bit over $100k now but will drop back to around $90k in several months. One of those cards is about 10 years old, another around 20, and the last two are only about a year old.

Is there a rule of thumb about how much available credit before you start getting rejected for new cards or credit limit increases? I.e. 100% of HH income, 150%? I have no other debt, no mortgage, paid off student loans and last car loan years ago.

I'm generally averse to debt but at some point in the next five years I'll be buying a house so a strong credit score will obviously help with that. I'm also planning to buy a business in the next few years so the bank and SBA will be looking at my personal credit as well. However, in the short term if I open up a few new cards and my score drops 30-40 points it doesn't matter.

It's not really very well known.  I'm over 400% currently.  Very roughly speaking, the major issuers will all issue you somewhere around 1x HHI across all your cards with them, so if you hit them all up, you could probably easily get to 4x to 5x.

With an 800 credit score, you shouldn't have to worry about getting a mortgage with the best rate AFAIK.

@arebelspy, not sure if you want to suggest keeping this thread just about piggybacking, or if general credit questions like this are OK.  (If I were king I'd make a separate thread, but I'm not. :) )

Interesting. In that case I guess there's no reason not to try and open up another few cards to start seasoning them for tradelines. After all, the banks are probably going to start reducing how much credit they're willing to extend. Either offering lower initial credit limits or reducing credit limits like they did back in 2008-2009. After all, if tens or hundreds of thousands of people started maxing out their credit lines that had previously seen less than 10% utilization, the banks could run out of capital.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 03, 2020, 07:44:44 AM
P.S. The NFL card used to do a decent bonus for minimal spend.  You could get that or another one and let it age for 2 years.
That's the card I was looking at. I have 4 future TL cards in the sock drawer right now that I am letting age. They were nice big sign up bonuses (BofA, CapOne etc.). I am going to have to decide if I want to bite the bullet on some of these non bonus/smaller bonus Barclaycards. Decisions decisions. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 03, 2020, 08:12:23 AM
@arebelspy, not sure if you want to suggest keeping this thread just about piggybacking, or if general credit questions like this are OK.  (If I were king I'd make a separate thread, but I'm not. :) )

Short of draconian moderating, hard to keep people from drifting to a tangential topic from time to time (especially asking the question "what card do I season for TL sales" leading directly to "how will it impact my credit score").

Most the TL questions have been answered and discussed, so short of something shaking up the industry (e.g. the random FTC lawsuits, closure of major companies, etc.), there usually isn't a whole ton to discuss.

I figure the thread will drift back totally on topic soon. :)

(My anecdotal data: credit score is ~815, wife ~805, we have a lot of cards open, maybe 15-20ish, and regularly have 10ish inquiries, usually no less than 7, from the previous 2 years. With a long enough credit history and enough open cards and low utilization, our credit score remains high despite new cards being opened and lots of inquiries. I actually saw our scores go up quite a bit, from the 760 range to the 800 range in the first few years we started travel hacking and accumulating a lot more cards.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 03, 2020, 06:14:45 PM
I'll go on a little tangent too. Has anyone looked into applying for EIDL (Economic Injury Disaster Loan) provided by the Small Business Administration based on their TL business income? Last year, I had a few thousand dollars of business income (1099) based on my TL sales. I also had a W2 job which was my main source of income. This year, my TL sales slowed down and pretty much stopped in March. As far as I know, sole props may qualify for $1000 EIDL grant per employee (including the owner) even if they are not registered as companies or have additional employees. I don't know all the details and obviously don't want to apply for something I'm not entitled to.

Link to SBA web site:
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/economic-injury-disaster-loan-emergency-advance#section-header-4
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 04, 2020, 05:43:53 AM
I'll go on a little tangent too. Has anyone looked into applying for EIDL (Economic Injury Disaster Loan) provided by the Small Business Administration based on their TL business income? Last year, I had a few thousand dollars of business income (1099) based on my TL sales. I also had a W2 job which was my main source of income. This year, my TL sales slowed down and pretty much stopped in March. As far as I know, sole props may qualify for $1000 EIDL grant per employee (including the owner) even if they are not registered as companies or have additional employees. I don't know all the details and obviously don't want to apply for something I'm not entitled to.

Link to SBA web site:
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/economic-injury-disaster-loan-emergency-advance#section-header-4
I've looked into it. I have an actual side business as well (carpentry work) that brings in some decent income. Obviously that isn't happening with the stay at home orders. But since we are perfectly fine financially I decided there are far more folks out there who actually need the money. I just wouldn't feel right.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DadJokes on May 04, 2020, 07:22:38 AM
Even a $500 bonus now pales in comparison to thousands in potential tradeline sales with another Barclaycard. I have opened BofA and other cards over the last year or so for bonuses and future tradeline sales. Since we can't travel we have a backlog of miles and points that we keep piling on. I might just go ahead and open a couple more Barclaycards and sock drawer them for now.

I was under the impression that it was getting more and more difficult to make money with tradelines. Is that not the case?

We only have one non-Chase card right now, and I'd hate to burn a 5/24 slot for something that is 1) going to take a couple years before we can even make money off of it, and 2) may not even be profitable at all by then.

Am I wrong on how things have been trending?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on May 04, 2020, 07:55:20 AM
I've been averaging around 8.5k yearly.   My year over year sales have been pretty stable over the past 3 years. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DadJokes on May 04, 2020, 09:12:33 AM
I've been averaging around 8.5k yearly.   My year over year sales have been pretty stable over the past 3 years.

But what are the age & limits of your cards? Are you making that much with cards that are a couple years old, or does the bulk come from cards 10+ years old?

I certainly plan to do some other cards once I get all I want out of Chase, but I have a difficult time justifying foregoing great bonuses that can only be earned when under 5/24.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 04, 2020, 11:15:15 AM
I've been averaging around 8.5k yearly.   My year over year sales have been pretty stable over the past 3 years.

But what are the age & limits of your cards? Are you making that much with cards that are a couple years old, or does the bulk come from cards 10+ years old?

I certainly plan to do some other cards once I get all I want out of Chase, but I have a difficult time justifying foregoing great bonuses that can only be earned when under 5/24.
It's YMMV of course. This year has been great so far. Got 2 more adds today in fact. Last year wasn't bad. First couple years were much slower. But I also have more cards in the system now. As I said earlier my spouse and I both fell back under 5/24 and hit Chase cards pretty hard. First business then personal. Now that we are both back over 5/24 we have opened a couple other good bonus cards that will be used for future tradelines. If they don't pan out, then we still got good bonuses with them. That is the route we have taken FWIW.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on May 04, 2020, 12:10:03 PM
I've been averaging around 8.5k yearly.   My year over year sales have been pretty stable over the past 3 years.

But what are the age & limits of your cards? Are you making that much with cards that are a couple years old, or does the bulk come from cards 10+ years old?

I certainly plan to do some other cards once I get all I want out of Chase, but I have a difficult time justifying foregoing great bonuses that can only be earned when under 5/24.

I have 11 cards across the 2 companies (between my wife and I).  Ages range from 17 years to 2 years.  I applied for a bunch a new cards in 2016/17 when ARS started these threads.  Those new cards have seasoned and are in the rotation, and very productive.  New cards applied at regular intervals since then have been slowly added into the mix as they age.  My CL ranges from 12k to 32k on each card.

I have had 5 cards shut down but not before they netted thousands of dollars each.  3 of those cards would be over 22 years old now.  My credit score has gone up, even with regular new inquiries and a slow decrease of my average age of accounts over time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 05, 2020, 02:07:46 PM
My first tradeline sale!

I added a Barclay's card with the old company a few days ago and just got a sale. It's a newer card so only $50. But I just got hit with the first $89 annual fee so this will take care of half that. Meanwhile the Capital One card I added six months ago when they were taking newer cards hasn't done anything yet. The removal date is three months from now in August so I wonder if that's changed from the 2-month cycle that was originally posted.

Edit: Second sale on the same card the next day. Annual fee taken care of.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 05, 2020, 03:25:00 PM
My first tradeline sale!

I added a Barclay's card with the old company a few days ago and just got a sale. It's a newer card so only $50. But I just got hit with the first $89 annual fee so this will take care of half that. Meanwhile the Capital One card I added six months ago when they were taking newer cards hasn't done anything yet. The removal date is three months from now in August so I wonder if that's changed from the 2-month cycle that was originally posted.

I very rarely pay an annual fee, especially on a card that is already a year old.  And by rarely I actually mean never thus far, now that I think about it.  Almost always the benefits are not worth the annual fee in years 2-N.

Have you considered downgrading?  Most cards have downgrade-to-$0-annual-fee options, and you'll still keep the same credit line and limit and age on your credit report.  Sometimes the account number even stays the same.

Anyway, consider downgrading.  And if you don't downgrade and report your TL sales on Schedule C, don't forget to deduct the $89. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 05, 2020, 03:52:10 PM
My first tradeline sale!

I added a Barclay's card with the old company a few days ago and just got a sale. It's a newer card so only $50. But I just got hit with the first $89 annual fee so this will take care of half that. Meanwhile the Capital One card I added six months ago when they were taking newer cards hasn't done anything yet. The removal date is three months from now in August so I wonder if that's changed from the 2-month cycle that was originally posted.

I very rarely pay an annual fee, especially on a card that is already a year old.  And by rarely I actually mean never thus far, now that I think about it.  Almost always the benefits are not worth the annual fee in years 2-N.

Have you considered downgrading?  Most cards have downgrade-to-$0-annual-fee options, and you'll still keep the same credit line and limit and age on your credit report.  Sometimes the account number even stays the same.

Anyway, consider downgrading.  And if you don't downgrade and report your TL sales on Schedule C, don't forget to deduct the $89. :)

So I just called to try and downgrade (15 minutes on hold, not too bad) but the representative said there is no longer a free option available. I guess the Barclay Arrival has been discontinued. But she did inform me I could use 8,000 points to pay for the annual fee. Of course as luck would have it I just used 15,000 of my 17,000 points as a $75 cash back statement credit about three hours ago. And of course that is non-reversible. So I basically wasted about 10,000 points by not calling first. Well I just need to get a couple more sales this year to make up for it. By next year I should be getting $175 per spot too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 07, 2020, 04:49:30 AM
I have one Barclay's card (no annual fee) and I'm thinking of applying for more, since you guys are praising their cards so much, but I'm afraid this will drag my credit card history down. How much does it matter?

If your score is good now, I would say minimal.  It will reduce your average age of accounts a bit.  If you have a decent avg age now (older cards basically), then I really wouldn't worry about it.

If you post some more info, I am sure more specific advice can be given (if you like).

P.S. The NFL card used to do a decent bonus for minimal spend.  You could get that or another one and let it age for 2 years.
I just asked Barclays for credit line increase and that dropped my credit score (Transunion) by 2 points.  Is that a lot?  Currently credit karma reports my score as 785 (Transunion) and 800 (Equifax).
If I don't ever plan to take out a loan, does any of this matter? When I apply for a cc, do they look at my score when deciding how much creditline to give me?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 07, 2020, 05:08:10 AM
I have one Barclay's card (no annual fee) and I'm thinking of applying for more, since you guys are praising their cards so much, but I'm afraid this will drag my credit card history down. How much does it matter?

If your score is good now, I would say minimal.  It will reduce your average age of accounts a bit.  If you have a decent avg age now (older cards basically), then I really wouldn't worry about it.

If you post some more info, I am sure more specific advice can be given (if you like).

P.S. The NFL card used to do a decent bonus for minimal spend.  You could get that or another one and let it age for 2 years.
I just asked Barclays for credit line increase and that dropped my credit score (Transunion) by 2 points.  Is that a lot?  Currently credit karma reports my score as 785 (Transunion) and 800 (Equifax).
If I don't ever plan to take out a loan, does any of this matter? When I apply for a cc, do they look at my score when deciding how much creditline to give me?

When you are talking scores around 800, 2 points is pocket change. Nothing to worry about. My score fluctuates 15-20 points in any given year but still stays around 800.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 07, 2020, 05:10:33 AM
My first tradeline sale!

I added a Barclay's card with the old company a few days ago and just got a sale. It's a newer card so only $50. But I just got hit with the first $89 annual fee so this will take care of half that. Meanwhile the Capital One card I added six months ago when they were taking newer cards hasn't done anything yet. The removal date is three months from now in August so I wonder if that's changed from the 2-month cycle that was originally posted.

I very rarely pay an annual fee, especially on a card that is already a year old.  And by rarely I actually mean never thus far, now that I think about it.  Almost always the benefits are not worth the annual fee in years 2-N.

Have you considered downgrading?  Most cards have downgrade-to-$0-annual-fee options, and you'll still keep the same credit line and limit and age on your credit report.  Sometimes the account number even stays the same.

Anyway, consider downgrading.  And if you don't downgrade and report your TL sales on Schedule C, don't forget to deduct the $89. :)

So I just called to try and downgrade (15 minutes on hold, not too bad) but the representative said there is no longer a free option available. I guess the Barclay Arrival has been discontinued. But she did inform me I could use 8,000 points to pay for the annual fee. Of course as luck would have it I just used 15,000 of my 17,000 points as a $75 cash back statement credit about three hours ago. And of course that is non-reversible. So I basically wasted about 10,000 points by not calling first. Well I just need to get a couple more sales this year to make up for it. By next year I should be getting $175 per spot too.
Ouch, I know a lot of folks prefer the cashback option. Barclays is P2's main spend card because of the 2X points on everything. We stay in cabins and an occasional Airbnb so Barclays comes in handy for wiping out those travel charges. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 07, 2020, 05:14:53 AM
I have one Barclay's card (no annual fee) and I'm thinking of applying for more, since you guys are praising their cards so much, but I'm afraid this will drag my credit card history down. How much does it matter?

If your score is good now, I would say minimal.  It will reduce your average age of accounts a bit.  If you have a decent avg age now (older cards basically), then I really wouldn't worry about it.

If you post some more info, I am sure more specific advice can be given (if you like).

P.S. The NFL card used to do a decent bonus for minimal spend.  You could get that or another one and let it age for 2 years.
I just asked Barclays for credit line increase and that dropped my credit score (Transunion) by 2 points.  Is that a lot?  Currently credit karma reports my score as 785 (Transunion) and 800 (Equifax).
If I don't ever plan to take out a loan, does any of this matter? When I apply for a cc, do they look at my score when deciding how much creditline to give me?

When you are talking scores around 800, 2 points is pocket change. Nothing to worry about. My score fluctuates 15-20 points in any given year but still stays around 800.
Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 07, 2020, 05:17:12 AM
I'm curious, is it better to have one credit card with with higher creditline or two or more with lower creditlines from the same bank?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 07, 2020, 06:12:30 AM
I'm curious, is it better to have one credit card with with higher creditline or two or more with lower creditlines from the same bank?
If you are talking about tradelines, then that would depend. For instance between my spouse and I we have 4 Barclaycards in the system. But I only have 1 USAA card because it's far more prone to getting shut down. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 07, 2020, 06:18:28 AM
I'm curious, is it better to have one credit card with with higher creditline or two or more with lower creditlines from the same bank?
If you are talking about tradelines, then that would depend. For instance between my spouse and I we have 4 Barclaycards in the system. But I only have 1 USAA card because it's far more prone to getting shut down.
Yes, for tradelines.  I'm thinking of another Barclay's card.  But does Barclay's look at how many cards you already have with them to determine the amount of credit line to give you.  For example, with BofA I applied for a new card, this was my second.  Then I asked for a credit increase on the first card and they said they couldn't increase it because I just got a new card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 07, 2020, 07:36:23 AM
Each tradeline co has a schedule of payments based on age of card and credit limit.  If you want to know what it is, send them a message.  They do periodically change them based on their demand and number of available cards.

Yes, Barclay (and any cc company) will both limit the number of cards they approve for you AND they will move the credit limit around.  I used this to my advantage with BoA some time ago.  I got on the phone with them and we arranged so that I closed 1 of 4 cards, put the majority of my credit limit on the oldest one and set the last 2 at like $5k. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 07, 2020, 10:59:57 AM
My first tradeline sale!

I added a Barclay's card with the old company a few days ago and just got a sale. It's a newer card so only $50. But I just got hit with the first $89 annual fee so this will take care of half that. Meanwhile the Capital One card I added six months ago when they were taking newer cards hasn't done anything yet. The removal date is three months from now in August so I wonder if that's changed from the 2-month cycle that was originally posted.

I very rarely pay an annual fee, especially on a card that is already a year old.  And by rarely I actually mean never thus far, now that I think about it.  Almost always the benefits are not worth the annual fee in years 2-N.

Have you considered downgrading?  Most cards have downgrade-to-$0-annual-fee options, and you'll still keep the same credit line and limit and age on your credit report.  Sometimes the account number even stays the same.

Anyway, consider downgrading.  And if you don't downgrade and report your TL sales on Schedule C, don't forget to deduct the $89. :)

So I just called to try and downgrade (15 minutes on hold, not too bad) but the representative said there is no longer a free option available. I guess the Barclay Arrival has been discontinued. But she did inform me I could use 8,000 points to pay for the annual fee. Of course as luck would have it I just used 15,000 of my 17,000 points as a $75 cash back statement credit about three hours ago. And of course that is non-reversible. So I basically wasted about 10,000 points by not calling first. Well I just need to get a couple more sales this year to make up for it. By next year I should be getting $175 per spot too.
Ouch, I know a lot of folks prefer the cashback option. Barclays is P2's main spend card because of the 2X points on everything. We stay in cabins and an occasional Airbnb so Barclays comes in handy for wiping out those travel charges.

I had planned some travel but that's obviously on hold for a while. I figured now that this card was at risk of being shut down I didn't want to keep a balance on my reward points.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 07, 2020, 02:45:47 PM
My first tradeline sale!

I added a Barclay's card with the old company a few days ago and just got a sale. It's a newer card so only $50. But I just got hit with the first $89 annual fee so this will take care of half that. Meanwhile the Capital One card I added six months ago when they were taking newer cards hasn't done anything yet. The removal date is three months from now in August so I wonder if that's changed from the 2-month cycle that was originally posted.

I very rarely pay an annual fee, especially on a card that is already a year old.  And by rarely I actually mean never thus far, now that I think about it.  Almost always the benefits are not worth the annual fee in years 2-N.

Have you considered downgrading?  Most cards have downgrade-to-$0-annual-fee options, and you'll still keep the same credit line and limit and age on your credit report.  Sometimes the account number even stays the same.

Anyway, consider downgrading.  And if you don't downgrade and report your TL sales on Schedule C, don't forget to deduct the $89. :)

So I just called to try and downgrade (15 minutes on hold, not too bad) but the representative said there is no longer a free option available. I guess the Barclay Arrival has been discontinued. But she did inform me I could use 8,000 points to pay for the annual fee. Of course as luck would have it I just used 15,000 of my 17,000 points as a $75 cash back statement credit about three hours ago. And of course that is non-reversible. So I basically wasted about 10,000 points by not calling first. Well I just need to get a couple more sales this year to make up for it. By next year I should be getting $175 per spot too.
Ouch, I know a lot of folks prefer the cashback option. Barclays is P2's main spend card because of the 2X points on everything. We stay in cabins and an occasional Airbnb so Barclays comes in handy for wiping out those travel charges.

I had planned some travel but that's obviously on hold for a while. I figured now that this card was at risk of being shut down I didn't want to keep a balance on my reward points.
I haven't heard of any shutdowns with Barclays. There is of course always that possibility.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 07, 2020, 02:55:23 PM
I haven't heard of any shutdowns with Barclays. There is of course always that possibility.

I figure better safe than sorry. No reason to keep building up those reward points if the primary use has now switched to tradeline sales.

I just applied for a Bank of America card with a $500 sign-up bonus. I figure I'll claim that, get the statement credit, and then start seasoning it for tradeline sales. Probably add a second Barclays card as well. So far their online interface has been very easy with the two I've added. Same with requesting a credit increase. No sitting on hold and talking to someone. Just fill out a quick form and get an email an hour or two later with the decision.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 07, 2020, 04:01:54 PM
I haven't heard of any shutdowns with Barclays. There is of course always that possibility.

I figure better safe than sorry. No reason to keep building up those reward points if the primary use has now switched to tradeline sales.

I just applied for a Bank of America card with a $500 sign-up bonus. I figure I'll claim that, get the statement credit, and then start seasoning it for tradeline sales. Probably add a second Barclays card as well. So far their online interface has been very easy with the two I've added. Same with requesting a credit increase. No sitting on hold and talking to someone. Just fill out a quick form and get an email an hour or two later with the decision.
Premium Rewards? Got one for my spouse last year and one for me earlier this year. Already collected the bonuses and sitting in the sock drawer. This is why I haven't made the plunge into the other Barclay products. Some good sign up bonuses on other future tradeline cards. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 14, 2020, 07:12:32 PM
Does anyone get AU that have multiple last names?  The last several for me have had 2 last names and no middle name.  It's not hyphenated, it's two separate names, and based on the first name I'm sure it's a male.  Is this a thing in mexican culture?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 14, 2020, 07:49:57 PM
Does anyone get AU that have multiple last names?  The last several for me have had 2 last names and no middle name.  It's not hyphenated, it's two separate names, and based on the first name I'm sure it's a male.  Is this a thing in mexican culture?

Yes and yes, but in my case I believe the name was Asian in origin.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 15, 2020, 12:55:54 AM
Does anyone get AU that have multiple last names?  The last several for me have had 2 last names and no middle name.  It's not hyphenated, it's two separate names, and based on the first name I'm sure it's a male.  Is this a thing in mexican culture?

Yes. I have several guys in my (New Mexico) National Guard unit with names like that. Depending on the system they might go by Garcia but their last name shows up as Garciaramos or Garcia Ramos or Garcia-Ramos. Then the name tape on their uniform might be any one of those three versions. Confusing as hell sometimes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 15, 2020, 06:15:15 AM
Does anyone get AU that have multiple last names?  The last several for me have had 2 last names and no middle name.  It's not hyphenated, it's two separate names, and based on the first name I'm sure it's a male.  Is this a thing in mexican culture?

Yes and yes, but in my case I believe the name was Asian in origin.
I just received one with two last names as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 15, 2020, 06:33:18 AM
Does anyone get AU that have multiple last names?  The last several for me have had 2 last names and no middle name.  It's not hyphenated, it's two separate names, and based on the first name I'm sure it's a male.  Is this a thing in mexican culture?

Yes and yes, but in my case I believe the name was Asian in origin.
I just received one with two last names as well.

Ha! I've got you all beat - had one with two first names AND two last names! Looked strange, but I made the add and it went through just fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 15, 2020, 06:49:07 AM
Hmm ok, good to know.  I thought it was odd and I felt awkward because it was citi and I have to do it over the phone, so I have to tell the person it's two separate last names.  They haven't flinched when I say it, but it feels awkward because I've never encountered that in my life outside of people that get married and keep their maiden name hyphenated.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on May 15, 2020, 08:26:01 AM
That surnaming convention is the norm in Spain and in most hispanic countries in the americas.  You take a paternal and maternal surname from your respective parents.  There is no dash and it's not combined into a longer surname.  Those are attempts to convert those last names into the american conventions. 
If you are male, you pass on your paternal surname, and if female, you pass on your maternal surname.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on May 15, 2020, 08:40:37 AM
That surnaming convention is the norm in Spain and in most hispanic countries in the americas.  You take a paternal and maternal surname from your respective parents.  There is no dash and it's not combined into a longer surname.  Those are attempts to convert those last names into the american conventions. 
If you are male, you pass on your paternal surname, and if female, you pass on your maternal surname.

Almost; both mother and father typically pass along their paternal surname. And there are local conventions as to hyphenation (it's most common in Puerto Rico).

For example: Lily Evans and James Potter's son is Harry Potter Evans. Molly Prewett and Arthur Weasley's daughter is Ginny Weasley Prewett. The shorter versions of both of these names is given name plus paternal surname, so Harry Potter and Ginny Weasley. Harry and Ginny's children are James Sirius Potter Weasley, Albus Severus Potter Weasley and Lily Luna Potter Weasley.

Note that this allows for multiple generations to share the same names, like James Potter, but be differentiated by their maternal surnames.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on May 15, 2020, 08:52:16 AM
You're right, I don't know where I got my last sentence from. 

Regarding the dash, I wonder if it was adopted in PR to conform to american birth certificate standards?  Do you know what other localities typically use dashes?

Also, this is getting foamy.  Sorry.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 15, 2020, 10:00:18 AM
An added perk of doing all these AUs is the mail that comes to "them".  I seem to get Cap One and Discover offers for all of them.  I also get collection agency letters for many of them.  I laugh, opening either.  If they include a paid return envelope, I stuff it with junk and mail it back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 15, 2020, 10:51:54 AM
Bank of America just sent a letter to my parent's address to verify my identity for opening a new card with them. I have literally lived at 10 addresses in the 15-20 years since I left home. I have no idea why they sent that letter to that address instead of the one I included in the application, or one of the many more recent ones from my credit history. Luckily for me they haven't moved since I left home so they sent me a picture of the letter.

Then when I called in they said to verify my identity they would have to call the phone number they have on file (which they wouldn't tell me). I explained that I'm deployed and my cell phone number is turned off. So I might have to wait until I get back to apply for that card again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DadJokes on May 15, 2020, 11:22:50 AM
I had a non-Chase card pass the 1 year mark, so I sent the new company an email to see what their minimums were. $20k limit AND 10 years old. I guess I'll check back in another year or two.

I'm still kicking myself for buying in to Dave Ramsey wholeheartedly ~5 years back and cancelling my cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 15, 2020, 01:38:07 PM
I had a non-Chase card pass the 1 year mark, so I sent the new company an email to see what their minimums were. $20k limit AND 10 years old. I guess I'll check back in another year or two.

I'm still kicking myself for buying in to Dave Ramsey wholeheartedly ~5 years back and cancelling my cards.
I canceled a Capital One card about 3 years ago because they lowered my CL and I was just pissed at them. Ha, whoops!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on May 15, 2020, 02:06:07 PM
Every time I read about Barclay cards on this thread I KICK myself.  I have a 7 year old Barclays card with a $30k CL.... unfortunately back in 2017 I missed a payment (my only one EVER on any card) and so none of these tradeline companies will take it.  I tried writing to Barclays to see if they would excuse the missed payment (it was an oversight on my part when I converted from manual pmts to autopay).  They said NO DICE.

Oh well, I think I've got 10 more months before that missed pmt rolls off of my record.   UGH!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 15, 2020, 02:48:11 PM
An added perk of doing all these AUs is the mail that comes to "them".  I seem to get Cap One and Discover offers for all of them.  I also get collection agency letters for many of them.  I laugh, opening either.  If they include a paid return envelope, I stuff it with junk and mail it back.

Ha! I'm gonna have to do this the next time I get something!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 18, 2020, 03:36:07 PM
PSA: I just received a letter in the mail from Barclay for one of my wife's accounts that we're seasoning that stated if she didn't use the card within 30 days they would be closing the account. I promptly added $5 to our Amazon account with it, then went and checked to see when the last statement balance was on it. Turns out it was right at a year ago, May 2019. I don't recall ever having this happen before with Barclay, so I don't know if this is new or if I've just always used all of our cards at least once a year, but I thought I would pass it along in case any of you have some sitting in your sock drawer collecting dust. I'm glad they at least sent a warning before just closing it - I've had that happen a few times in the past year from other issuers. Thankfully they were low limit cards I didn't really care about. At any rate, don't let your cards get cancelled folks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dragoncar on May 18, 2020, 05:03:47 PM
PSA: I just received a letter in the mail from Barclay for one of my wife's accounts that we're seasoning that stated if she didn't use the card within 30 days they would be closing the account. I promptly added $5 to our Amazon account with it, then went and checked to see when the last statement balance was on it. Turns out it was right at a year ago, May 2019. I don't recall ever having this happen before with Barclay, so I don't know if this is new or if I've just always used all of our cards at least once a year, but I thought I would pass it along in case any of you have some sitting in your sock drawer collecting dust. I'm glad they at least sent a warning before just closing it - I've had that happen a few times in the past year from other issuers. Thankfully they were low limit cards I didn't really care about. At any rate, don't let your cards get cancelled folks!

I tried to get my barclay fee waived or downgrade it but spent hours on hold before they disconnected me.  Secure message they said they couldn’t refund fees or downgrade and I have to call.  Finally got through and they said they can’t.  So I had to cancel

My gut tells me this is due to decreased call center staffing but I’m not going to pay an annual fee for a travel card when I can’t travel
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 18, 2020, 06:00:02 PM
PSA: I just received a letter in the mail from Barclay for one of my wife's accounts that we're seasoning that stated if she didn't use the card within 30 days they would be closing the account. I promptly added $5 to our Amazon account with it, then went and checked to see when the last statement balance was on it. Turns out it was right at a year ago, May 2019. I don't recall ever having this happen before with Barclay, so I don't know if this is new or if I've just always used all of our cards at least once a year, but I thought I would pass it along in case any of you have some sitting in your sock drawer collecting dust. I'm glad they at least sent a warning before just closing it - I've had that happen a few times in the past year from other issuers. Thankfully they were low limit cards I didn't really care about. At any rate, don't let your cards get cancelled folks!

I tried to get my barclay fee waived or downgrade it but spent hours on hold before they disconnected me.  Secure message they said they couldn’t refund fees or downgrade and I have to call.  Finally got through and they said they can’t.  So I had to cancel

My gut tells me this is due to decreased call center staffing but I’m not going to pay an annual fee for a travel card when I can’t travel

Yeah, that really sucks. We just hit the limit on # of users on her Aaviator card and it just renewed with the fee. I waited until the last AU was removed then told them using Secure Message we wanted to close it and have the fee refunded. They at least did that, but we were cancelling the card off the bat. I don't blame you for not wanting to pay the fee if you can't travel. The only reason I justified the fee while using it for AU is that it made $125 per user and sold out consistently. Makes a $99 fee seem pretty insignificant!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 18, 2020, 06:12:38 PM
PSA: I just received a letter in the mail from Barclay for one of my wife's accounts that we're seasoning that stated if she didn't use the card within 30 days they would be closing the account. I promptly added $5 to our Amazon account with it, then went and checked to see when the last statement balance was on it. Turns out it was right at a year ago, May 2019. I don't recall ever having this happen before with Barclay, so I don't know if this is new or if I've just always used all of our cards at least once a year, but I thought I would pass it along in case any of you have some sitting in your sock drawer collecting dust. I'm glad they at least sent a warning before just closing it - I've had that happen a few times in the past year from other issuers. Thankfully they were low limit cards I didn't really care about. At any rate, don't let your cards get cancelled folks!

I tried to get my barclay fee waived or downgrade it but spent hours on hold before they disconnected me.  Secure message they said they couldn’t refund fees or downgrade and I have to call.  Finally got through and they said they can’t.  So I had to cancel

My gut tells me this is due to decreased call center staffing but I’m not going to pay an annual fee for a travel card when I can’t travel

Yeah, that really sucks. We just hit the limit on # of users on her Aaviator card and it just renewed with the fee. I waited until the last AU was removed then told them using Secure Message we wanted to close it and have the fee refunded. They at least did that, but we were cancelling the card off the bat. I don't blame you for not wanting to pay the fee if you can't travel. The only reason I justified the fee while using it for AU is that it made $125 per user and sold out consistently. Makes a $99 fee seem pretty insignificant!
That's pretty much the logic I am using to keep my Aviator card as well. I'll happily pay the annual fee in order to potentially make thousands in tradeline sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 18, 2020, 07:47:54 PM
PSA: I just received a letter in the mail from Barclay for one of my wife's accounts that we're seasoning that stated if she didn't use the card within 30 days they would be closing the account. I promptly added $5 to our Amazon account with it, then went and checked to see when the last statement balance was on it. Turns out it was right at a year ago, May 2019. I don't recall ever having this happen before with Barclay, so I don't know if this is new or if I've just always used all of our cards at least once a year, but I thought I would pass it along in case any of you have some sitting in your sock drawer collecting dust. I'm glad they at least sent a warning before just closing it - I've had that happen a few times in the past year from other issuers. Thankfully they were low limit cards I didn't really care about. At any rate, don't let your cards get cancelled folks!

I tried to get my barclay fee waived or downgrade it but spent hours on hold before they disconnected me.  Secure message they said they couldn’t refund fees or downgrade and I have to call.  Finally got through and they said they can’t.  So I had to cancel

My gut tells me this is due to decreased call center staffing but I’m not going to pay an annual fee for a travel card when I can’t travel

Yeah, that really sucks. We just hit the limit on # of users on her Aaviator card and it just renewed with the fee. I waited until the last AU was removed then told them using Secure Message we wanted to close it and have the fee refunded. They at least did that, but we were cancelling the card off the bat. I don't blame you for not wanting to pay the fee if you can't travel. The only reason I justified the fee while using it for AU is that it made $125 per user and sold out consistently. Makes a $99 fee seem pretty insignificant!
That's pretty much the logic I am using to keep my Aviator card as well. I'll happily pay the annual fee in order to potentially make thousands in tradeline sales.
Why not use free Barclay's card for that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on May 18, 2020, 07:56:45 PM
Sometimes fee cards will get higher credit limits.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 18, 2020, 08:02:11 PM
PSA: I just received a letter in the mail from Barclay for one of my wife's accounts that we're seasoning that stated if she didn't use the card within 30 days they would be closing the account. I promptly added $5 to our Amazon account with it, then went and checked to see when the last statement balance was on it. Turns out it was right at a year ago, May 2019. I don't recall ever having this happen before with Barclay, so I don't know if this is new or if I've just always used all of our cards at least once a year, but I thought I would pass it along in case any of you have some sitting in your sock drawer collecting dust. I'm glad they at least sent a warning before just closing it - I've had that happen a few times in the past year from other issuers. Thankfully they were low limit cards I didn't really care about. At any rate, don't let your cards get cancelled folks!

I tried to get my barclay fee waived or downgrade it but spent hours on hold before they disconnected me.  Secure message they said they couldn’t refund fees or downgrade and I have to call.  Finally got through and they said they can’t.  So I had to cancel

My gut tells me this is due to decreased call center staffing but I’m not going to pay an annual fee for a travel card when I can’t travel

Yeah, that really sucks. We just hit the limit on # of users on her Aaviator card and it just renewed with the fee. I waited until the last AU was removed then told them using Secure Message we wanted to close it and have the fee refunded. They at least did that, but we were cancelling the card off the bat. I don't blame you for not wanting to pay the fee if you can't travel. The only reason I justified the fee while using it for AU is that it made $125 per user and sold out consistently. Makes a $99 fee seem pretty insignificant!
That's pretty much the logic I am using to keep my Aviator card as well. I'll happily pay the annual fee in order to potentially make thousands in tradeline sales.
Why not use free Barclay's card for that?
The free cards don’t net me AA miles.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 19, 2020, 04:44:27 AM
Sometimes fee cards will get higher credit limits.
I see.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 19, 2020, 04:45:05 AM
PSA: I just received a letter in the mail from Barclay for one of my wife's accounts that we're seasoning that stated if she didn't use the card within 30 days they would be closing the account. I promptly added $5 to our Amazon account with it, then went and checked to see when the last statement balance was on it. Turns out it was right at a year ago, May 2019. I don't recall ever having this happen before with Barclay, so I don't know if this is new or if I've just always used all of our cards at least once a year, but I thought I would pass it along in case any of you have some sitting in your sock drawer collecting dust. I'm glad they at least sent a warning before just closing it - I've had that happen a few times in the past year from other issuers. Thankfully they were low limit cards I didn't really care about. At any rate, don't let your cards get cancelled folks!

I tried to get my barclay fee waived or downgrade it but spent hours on hold before they disconnected me.  Secure message they said they couldn’t refund fees or downgrade and I have to call.  Finally got through and they said they can’t.  So I had to cancel

My gut tells me this is due to decreased call center staffing but I’m not going to pay an annual fee for a travel card when I can’t travel

Yeah, that really sucks. We just hit the limit on # of users on her Aaviator card and it just renewed with the fee. I waited until the last AU was removed then told them using Secure Message we wanted to close it and have the fee refunded. They at least did that, but we were cancelling the card off the bat. I don't blame you for not wanting to pay the fee if you can't travel. The only reason I justified the fee while using it for AU is that it made $125 per user and sold out consistently. Makes a $99 fee seem pretty insignificant!
That's pretty much the logic I am using to keep my Aviator card as well. I'll happily pay the annual fee in order to potentially make thousands in tradeline sales.
Why not use free Barclay's card for that?
The free cards don’t net me AA miles.
OK, I thought it was just for tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 19, 2020, 07:44:02 AM
You can use Barclay cards for "low balance forgiveness".  Go to Amazon, add 99 cents, wait for your statement closing and they forgive the 99 cents.  If you sell no tradelines, it's a good way to keep the card active for free.  Well, actually, they pay you 99 cents a month.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on May 19, 2020, 08:07:26 AM
I just keep my credit cards with fees now, for a few reasons.  I've had close to 20 cards across the companies, so I'm running out of no-fee credit cards to apply for.  I deduct the fees as a business expense.  And I figure a sub $100 dollar fee for >$1000 sales per year is good trade-off.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 19, 2020, 01:36:41 PM
You can use Barclay cards for "low balance forgiveness".  Go to Amazon, add 99 cents, wait for your statement closing and they forgive the 99 cents.  If you sell no tradelines, it's a good way to keep the card active for free.  Well, actually, they pay you 99 cents a month.
Hmmm, I may have to throw Barclays in the mix as well then. USAA forgives 0.99 cents and Wells Fargo 1.99. I got in on the 12 month Hulu deal for $2/mo using my Wells Fargo. I basically pay 0.17 in taxes for Hulu every month and the rest is written off.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 20, 2020, 06:49:15 AM
I just keep my credit cards with fees now, for a few reasons.  I've had close to 20 cards across the companies, so I'm running out of no-fee credit cards to apply for.  I deduct the fees as a business expense.  And I figure a sub $100 dollar fee for >$1000 sales per year is good trade-off.

You're not looking hard enough.  I've got 2 dozen active cards at the moment.  Zero of them have a fee.  Lots of obscure named cards are just big name cards private labeled to make them seem different.  Personally, I only have cards with no annual fee that give me cash back.  Well, besides Uber that changed from cash to useless uber points (I never use Uber and given the choice would rather take a taxi).  Just a few examples are college branded cards, Sears mastercard (Citi), Harley Davidson (US Bank), or course, Discover Card, Home Depot card, Shell Card.  Bank of America has a gazillion different cards (I had 4 and dropped a private label one to increase my credit limit on another).  The hard ones are the ones to get first.  Chase and Cap One will shut you down with a relatively small number of applications across the board, so expect a denial with a Cap One Savor card (I was denied) if you've received a bunch of cards over the last 2 years.  The trick to maximize is to figure out what a card can bring you.  The sign on bonus is obvious.  The extra 30 cents a gallon discount for the next 5 fill ups at Shell is obvious (and I combine this with stop and shop gas points and get the full 20 gallon max each time).  Is the card of any use for tradelines at the old or new company?  And yes, I know there are some sketchy companies who will take virtually anything, then you get a letter that you're a part of a fraud investigation.....no thanks.  And last, low balance forgiveness.  All this requires some organization.  I find an excel spread sheet is all I need to be sure I've got balances on all sold tradelines and low balance forgiveness for the cards that don't get sold.  Also keep track of rotating categories for Freedom and Discover and the cards that let you choose your various reward categories.  I put tape on the front of each.  So my Freedom this quarter has tape saying 5% grocery.  My discover, 5% gas. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 20, 2020, 11:50:20 AM
PSA: I just received a letter in the mail from Barclay for one of my wife's accounts that we're seasoning that stated if she didn't use the card within 30 days they would be closing the account. I promptly added $5 to our Amazon account with it, then went and checked to see when the last statement balance was on it. Turns out it was right at a year ago, May 2019. I don't recall ever having this happen before with Barclay, so I don't know if this is new or if I've just always used all of our cards at least once a year, but I thought I would pass it along in case any of you have some sitting in your sock drawer collecting dust. I'm glad they at least sent a warning before just closing it - I've had that happen a few times in the past year from other issuers. Thankfully they were low limit cards I didn't really care about. At any rate, don't let your cards get cancelled folks!

Same here.  Got my first letter from BC 2 months for a card that was seasoning also.

Lesson learned: always open mail from BC :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 20, 2020, 10:01:16 PM
How many AU can you have on a card simultaneously?  I have a citi with 2 slots in the portal that sell pretty regularly.  My wife is also an AU on the and is listed as such in the portal.  I already have the 2 slots filled, for a total of 3 current AU, and I just got a request to add another.  Did they forget to tell me to remove the AU that has already posted?  Should I go ahead and remove her before adding the new guy?  Or just add the new guy anyway?  I emailed the company, but probably won't get a response until tomorrow. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 21, 2020, 12:20:51 AM
How many AU can you have on a card simultaneously?  I have a citi with 2 slots in the portal that sell pretty regularly.  My wife is also an AU on the and is listed as such in the portal.  I already have the 2 slots filled, for a total of 3 current AU, and I just got a request to add another.  Did they forget to tell me to remove the AU that has already posted?  Should I go ahead and remove her before adding the new guy?  Or just add the new guy anyway?  I emailed the company, but probably won't get a response until tomorrow.

It depends on the card, the company, and your comfort level.

I've had situations where the remove date in the portal is a month later than it's supposed to be, so it's possible that one of your current 2 "commercial" AUs can be removed now.

I've also had situations where the company oversold my slot limit by mistake or in weird circumstances (like a canceled order or a renewal order).  Sometimes I bend my slot limit and add the AU anyway, other times I don't and the company finds a different card from some other seller for that particular AU.

I'd generally recommend sticking to what you're comfortable with in terms of the AU limit on each card.  If I were in your shoes, I'd also look at when the closing date is on that card, and if possible wait to hear from the company and also remove any AUs before adding the new one.  Usually you have a few days between receiving the AU order and the closing date.

If you don't feel comfortable and they've exceeded your AU limit, you can always tell them that and they'll move the order to someone else.  I've done that a time or two and haven't experienced any repercussions as far as I can tell.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 21, 2020, 04:10:35 AM
I want to get more cards for tradelines.  I already have 2 BA that I'm using. I'm seasoning 2 Barclays cards and 2 Discover cards.  What other cards would you guys recommend?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 21, 2020, 05:07:53 AM
I want to get more cards for tradelines.  I already have 2 BA that I'm using. I'm seasoning 2 Barclays cards and 2 Discover cards.  What other cards would you guys recommend?
More Barclaycards ( :
Only have 1 CapOne card in the system but it has been very reliable and sells pretty frequently. It's an old card with a higher limit though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 21, 2020, 05:32:46 AM
I want to get more cards for tradelines.  I already have 2 BA that I'm using. I'm seasoning 2 Barclays cards and 2 Discover cards.  What other cards would you guys recommend?
More Barclaycards ( :
Only have 1 CapOne card in the system but it has been very reliable and sells pretty frequently. It's an old card with a higher limit though.
But if you use more than one card from the same bank and just keep adding AUs doesn't your chance of getting your cards cancelled go way up?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 21, 2020, 06:43:34 AM
I want to get more cards for tradelines.  I already have 2 BA that I'm using. I'm seasoning 2 Barclays cards and 2 Discover cards.  What other cards would you guys recommend?

My favorites are Barclays, USBank, Capital One and Chase because I can add AUs online without the hassle of phone interaction.  Of course Chase and Cap One are notorious for restricting your ability to be granted a new card with the famous Chase 5/24 and Cap One is even more stringent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 21, 2020, 07:39:36 AM
I want to get more cards for tradelines.  I already have 2 BA that I'm using. I'm seasoning 2 Barclays cards and 2 Discover cards.  What other cards would you guys recommend?
More Barclaycards ( :
Only have 1 CapOne card in the system but it has been very reliable and sells pretty frequently. It's an old card with a higher limit though.
But if you use more than one card from the same bank and just keep adding AUs doesn't your chance of getting your cards cancelled go way up?

Not with Barclays. I have been with this thread from the get go and read the entire previous one and have not heard of anyone having a card shut down by Barclay. They truly don't give an f and allow the most user slots of any issuer that I know of. Maybe it's because they are a British company and not US based?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 21, 2020, 07:50:45 AM

Not with Barclays. I have been with this thread from the get go and read the entire previous one and have not heard of anyone having a card shut down by Barclay. They truly don't give an f and allow the most user slots of any issuer that I know of. Maybe it's because they are a British company and not US based?

Barclays bank has a huge presence in the US, especially in NYC.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 21, 2020, 08:07:19 AM
How many AU can you have on a card simultaneously?  I have a citi with 2 slots in the portal that sell pretty regularly.  My wife is also an AU on the and is listed as such in the portal.  I already have the 2 slots filled, for a total of 3 current AU, and I just got a request to add another.  Did they forget to tell me to remove the AU that has already posted?  Should I go ahead and remove her before adding the new guy?  Or just add the new guy anyway?  I emailed the company, but probably won't get a response until tomorrow.

I was instructed to add the AU anyway, and the previous AU that has posted will overlap until early June.  Citi added the AU, then transferred me to the fraud department where they sent me a text message with an authorization code and also made me verify my address.  Everything seems to have gone through, but it makes me a little nervous that they flagged me and sent me to the fraud department.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 21, 2020, 08:52:08 AM
I want to get more cards for tradelines.  I already have 2 BA that I'm using. I'm seasoning 2 Barclays cards and 2 Discover cards.  What other cards would you guys recommend?

My favorites are Barclays, USBank, Capital One and Chase because I can add AUs online without the hassle of phone interaction.  Of course Chase and Cap One are notorious for restricting your ability to be granted a new card with the famous Chase 5/24 and Cap One is even more stringent.

Are you currently selling tradelines with Chase? I never wanted to risk it with Chase because we have numerous cards with them and routinely collect tons of UR points. I haven't run into any issues landing CapOne cards but we haven't been churning as hard the last couple years. Ramping it back up this year though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 22, 2020, 07:53:28 AM

Not with Barclays. I have been with this thread from the get go and read the entire previous one and have not heard of anyone having a card shut down by Barclay. They truly don't give an f and allow the most user slots of any issuer that I know of. Maybe it's because they are a British company and not US based?

Barclays bank has a huge presence in the US, especially in NYC.
Oh I know they do, but they are based in the UK.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 22, 2020, 07:57:42 AM
I want to get more cards for tradelines.  I already have 2 BA that I'm using. I'm seasoning 2 Barclays cards and 2 Discover cards.  What other cards would you guys recommend?

My favorites are Barclays, USBank, Capital One and Chase because I can add AUs online without the hassle of phone interaction.  Of course Chase and Cap One are notorious for restricting your ability to be granted a new card with the famous Chase 5/24 and Cap One is even more stringent.

Are you currently selling tradelines with Chase? I never wanted to risk it with Chase because we have numerous cards with them and routinely collect tons of UR points. I haven't run into any issues landing CapOne cards but we haven't been churning as hard the last couple years. Ramping it back up this year though.

I sold with both Chase and Capital One. Chase had pissed me off (don't remember why) so I decided it was worth the risk of card closure. I made $1,375 off of them before they closed all of my accounts. Good riddance as far as I'm concerned.

Capital One I made a little less than $1,000 from before they restricted my account. I waited a year and got the restriction removed, but now they've restricted my other account. Not really worth the hassle. I've never had any experience with US Bank, so would love to hear more about your experience with them @MasterStache . A big selling point for me is being able to remove users online as well. Adding them online is great, but if I have to call in for a removal it defeats the purpose of having online adding IMO.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 22, 2020, 09:50:59 AM
I want to get more cards for tradelines.  I already have 2 BA that I'm using. I'm seasoning 2 Barclays cards and 2 Discover cards.  What other cards would you guys recommend?

My favorites are Barclays, USBank, Capital One and Chase because I can add AUs online without the hassle of phone interaction.  Of course Chase and Cap One are notorious for restricting your ability to be granted a new card with the famous Chase 5/24 and Cap One is even more stringent.

Are you currently selling tradelines with Chase? I never wanted to risk it with Chase because we have numerous cards with them and routinely collect tons of UR points. I haven't run into any issues landing CapOne cards but we haven't been churning as hard the last couple years. Ramping it back up this year though.

I sold with both Chase and Capital One. Chase had pissed me off (don't remember why) so I decided it was worth the risk of card closure. I made $1,375 off of them before they closed all of my accounts. Good riddance as far as I'm concerned.

Capital One I made a little less than $1,000 from before they restricted my account. I waited a year and got the restriction removed, but now they've restricted my other account. Not really worth the hassle. I've never had any experience with US Bank, so would love to hear more about your experience with them @MasterStache . A big selling point for me is being able to remove users online as well. Adding them online is great, but if I have to call in for a removal it defeats the purpose of having online adding IMO.
I think it's @Car Jack who is selling tradelines with US Bank. I don't have any US Bank cards. I looked into their cards a while back but none really appealed to me. May check them out again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 24, 2020, 03:01:56 AM
I just got a fraud alert under one of the AU's name.  There were 3 transactions made on the card.  The charges happened yesterday exactly on the day that the AU posted into my account.  This is with the new company.  The bank send me alerts but it says RE: debit card #7895, but I do not have a card with such number and it says it is a debit card  I logged in to online banking and I do have a charge on the card that I'm using for tradelines that I did not make but it's not the charge I received alerts for.  I do not see any charges I received alerts for in online banking. I'm a bit nervous and not sure what to do. Anyone had this happen to them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 24, 2020, 09:53:57 AM
catica, did the AU card come to your address?

I would call and freeze the account and tell them that your AU did not make those charges. I would then call company two and tell them. Keep us updated please, I have never heard of that happening.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 24, 2020, 10:24:15 AM
catica, did the AU card come to your address?

I would call and freeze the account and tell them that your AU did not make those charges. I would then call company two and tell them. Keep us updated please, I have never heard of that happening.
Yes, it came to my address.  I have it in my hand.  But why did I get fraud alerts referencing a debit card that I do not have?  Weird, no?

Note to clarify, the charge on my card that I said I didn't recognize is actually hubby's.  So, the only mystery is that I'm getting alerts for some debit card that is not mine with the AU's name.
Fraud dept. just called (automated message) referenced that debit card again and asked for AU.  I said that he wasn't at this address and the machine hung up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 26, 2020, 12:10:01 PM
I just filled up the last spot on my two cards with the old company. They're newer cards so only $25-50 each but that's still $150 in a couple of months and then I can do it all over again. The first card I added back in December and nothing until now. Then both spots sold back to back just before the statement closing date. The other card I added last month and both spots sold within a few days. I've got one more card to add, my Citibank Costco Visa. I just submitted a request to increase the limit and they instantly bumped it up from $8,500 to $11,500 (no credit check) so now it should be eligible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 26, 2020, 02:01:49 PM
I just filled up the last spot on my two cards with the old company. They're newer cards so only $25-50 each but that's still $150 in a couple of months and then I can do it all over again. The first card I added back in December and nothing until now. Then both spots sold back to back just before the statement closing date. The other card I added last month and both spots sold within a few days. I've got one more card to add, my Citibank Costco Visa. I just submitted a request to increase the limit and they instantly bumped it up from $8,500 to $11,500 (no credit check) so now it should be eligible.

You didn't mention what card issuer your two cards were with, but if they are with Barclay you are seriously selling yourself short by enrolling them while they pay out so low. There is a lifetime max of 25-35 (results vary, mine have all seem to hit at 30) authorized users you can add to their cards for some reason. By waiting to enroll them until they are seasoned, you'll make a lot more money in the long run. Now if you're talking about a different issuer, disregard this post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 26, 2020, 02:17:37 PM
I just filled up the last spot on my two cards with the old company. They're newer cards so only $25-50 each but that's still $150 in a couple of months and then I can do it all over again. The first card I added back in December and nothing until now. Then both spots sold back to back just before the statement closing date. The other card I added last month and both spots sold within a few days. I've got one more card to add, my Citibank Costco Visa. I just submitted a request to increase the limit and they instantly bumped it up from $8,500 to $11,500 (no credit check) so now it should be eligible.

You didn't mention what card issuer your two cards were with, but if they are with Barclay you are seriously selling yourself short by enrolling them while they pay out so low. There is a lifetime max of 25-35 (results vary, mine have all seem to hit at 30) authorized users you can add to their cards for some reason. By waiting to enroll them until they are seasoned, you'll make a lot more money in the long run. Now if you're talking about a different issuer, disregard this post.

Yes, one of them is a Barclay's card. It's just over a year old. I think once I get paid from these two spots I'll pause it until it gets to the two-year mark. Then it will go from $50 to $175.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WFUDEAC on May 26, 2020, 04:09:40 PM
I've got one more card to add, my Citibank Costco Visa.

I wouldn't think this would be a good one for Tradelines as there is a Costco Membership linked to the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 26, 2020, 07:09:10 PM
Has anybody received court notices for their AUs? I received a notice letter for my previous AU sent to my home address. If I remember correctly, that AU wasn't in my state when I registered them a couple of years ago but they are being sued in my state now. A collection company is suing them for a couple of thousand bucks on behalf of one of the banks for credit card debt. They sent me a notice by regular and another one by certified mail which of course I didn't sign for. I used AU's address when registered them, not sure why  whoever sues them think they live at my address.

I'm pretty sure tangling up the AU with your credit report entangles them with your address as well.  I've also gotten stuff in the mail when I didn't use my own address, so now I simply use my own address for each one because it's easier.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 27, 2020, 05:35:06 AM
I just filled up the last spot on my two cards with the old company. They're newer cards so only $25-50 each but that's still $150 in a couple of months and then I can do it all over again. The first card I added back in December and nothing until now. Then both spots sold back to back just before the statement closing date. The other card I added last month and both spots sold within a few days. I've got one more card to add, my Citibank Costco Visa. I just submitted a request to increase the limit and they instantly bumped it up from $8,500 to $11,500 (no credit check) so now it should be eligible.

You didn't mention what card issuer your two cards were with, but if they are with Barclay you are seriously selling yourself short by enrolling them while they pay out so low. There is a lifetime max of 25-35 (results vary, mine have all seem to hit at 30) authorized users you can add to their cards for some reason. By waiting to enroll them until they are seasoned, you'll make a lot more money in the long run. Now if you're talking about a different issuer, disregard this post.
Is the max lifetime per Barclay card or for all of your Barclay cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 27, 2020, 06:10:19 AM
I just filled up the last spot on my two cards with the old company. They're newer cards so only $25-50 each but that's still $150 in a couple of months and then I can do it all over again. The first card I added back in December and nothing until now. Then both spots sold back to back just before the statement closing date. The other card I added last month and both spots sold within a few days. I've got one more card to add, my Citibank Costco Visa. I just submitted a request to increase the limit and they instantly bumped it up from $8,500 to $11,500 (no credit check) so now it should be eligible.

You didn't mention what card issuer your two cards were with, but if they are with Barclay you are seriously selling yourself short by enrolling them while they pay out so low. There is a lifetime max of 25-35 (results vary, mine have all seem to hit at 30) authorized users you can add to their cards for some reason. By waiting to enroll them until they are seasoned, you'll make a lot more money in the long run. Now if you're talking about a different issuer, disregard this post.
Is the max lifetime per Barclay card or for all of your Barclay cards?
No it's for each card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 27, 2020, 12:37:34 PM
I just filled up the last spot on my two cards with the old company. They're newer cards so only $25-50 each but that's still $150 in a couple of months and then I can do it all over again. The first card I added back in December and nothing until now. Then both spots sold back to back just before the statement closing date. The other card I added last month and both spots sold within a few days. I've got one more card to add, my Citibank Costco Visa. I just submitted a request to increase the limit and they instantly bumped it up from $8,500 to $11,500 (no credit check) so now it should be eligible.

You didn't mention what card issuer your two cards were with, but if they are with Barclay you are seriously selling yourself short by enrolling them while they pay out so low. There is a lifetime max of 25-35 (results vary, mine have all seem to hit at 30) authorized users you can add to their cards for some reason. By waiting to enroll them until they are seasoned, you'll make a lot more money in the long run. Now if you're talking about a different issuer, disregard this post.
Is the max lifetime per Barclay card or for all of your Barclay cards?
No it's for each card.
OK, good, thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 27, 2020, 12:44:17 PM
Anyone add an AU on Chase via the chase.com web site in the past day or two?

It's not working for me currently.  I think it's just a generic website issue and will probably call in the AU if I can't get the website to work in the next few days.

Just curious.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 27, 2020, 04:54:34 PM
catica, did the AU card come to your address?

I would call and freeze the account and tell them that your AU did not make those charges. I would then call company two and tell them. Keep us updated please, I have never heard of that happening.
Yes, it came to my address.  I have it in my hand.  But why did I get fraud alerts referencing a debit card that I do not have?  Weird, no?

Note to clarify, the charge on my card that I said I didn't recognize is actually hubby's.  So, the only mystery is that I'm getting alerts for some debit card that is not mine with the AU's name.
Fraud dept. just called (automated message) referenced that debit card again and asked for AU.  I said that he wasn't at this address and the machine hung up.

Did you figure any of this out yet? @Catica

Is the credit card issuer also a bank you use?  You mentioned debit cards...  Just curious but I also realize you may not want to divulge too many details.  Hope it all works out OK for you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 27, 2020, 04:55:51 PM
I'm pretty sure tangling up the AU with your credit report entangles them with your address as well.  I've also gotten stuff in the mail when I didn't use my own address, so now I simply use my own address for each one because it's easier.

Agreed!  I get weird mail (mostly collections) for some AU's.  Recently, I have had some collection letters come quickly after the AU was added.  Some of these collection companies must be on top of their work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 27, 2020, 05:09:16 PM
catica, did the AU card come to your address?

I would call and freeze the account and tell them that your AU did not make those charges. I would then call company two and tell them. Keep us updated please, I have never heard of that happening.
Yes, it came to my address.  I have it in my hand.  But why did I get fraud alerts referencing a debit card that I do not have?  Weird, no?

Note to clarify, the charge on my card that I said I didn't recognize is actually hubby's.  So, the only mystery is that I'm getting alerts for some debit card that is not mine with the AU's name.
Fraud dept. just called (automated message) referenced that debit card again and asked for AU.  I said that he wasn't at this address and the machine hung up.

Did you figure any of this out yet? @Catica

Is the credit card issuer also a bank you use?  You mentioned debit cards...  Just curious but I also realize you may not want to divulge too many details.  Hope it all works out OK for you!
The credit card issuer is the bank I use.  I was told to ignore the calls and notifications but the new company. They said it was normal to get the notifications and calls.  So all is good, I think.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 28, 2020, 07:46:17 AM
I get collection letters for AUs all the time.  I always am puzzled by them.  Why would an AU pay to raise his credit score when he's a dead beat?  I mean....I pay $400 to raise my score 50 points, then don't bother paying my bills and my score drops 100 points.  Clearly, the AUs are not rocket scientists.  The amounts seem to be pretty consistent at about three grand.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 28, 2020, 10:38:36 AM
The debt could be quite old, not recent, and the very reason they were trying to raise their score. It's not necessarily the case that they raised it then didn't pay bills.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on May 28, 2020, 02:34:24 PM
Anyone add an AU on Chase via the chase.com web site in the past day or two?

It's not working for me currently.  I think it's just a generic website issue and will probably call in the AU if I can't get the website to work in the next few days.

Just curious.

I had that issue about a month ago for my last add which I eventually called in
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 28, 2020, 02:48:40 PM
Anyone add an AU on Chase via the chase.com web site in the past day or two?

It's not working for me currently.  I think it's just a generic website issue and will probably call in the AU if I can't get the website to work in the next few days.

Just curious.

I had that issue about a month ago for my last add which I eventually called in

Thanks.  I think I'll call in in the morning.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 31, 2020, 06:27:00 AM
Dang, BofA dropped the CL on my card. Looks like quite a few CC issuers are doing this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on May 31, 2020, 08:07:48 AM
Dang, BofA dropped the CL on my card. Looks like quite a few CC issuers are doing this.
Did they say why?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jafr1284 on May 31, 2020, 11:51:20 PM
I have a 2 year old Chase card I am tradelining. I added one AU and my card got locked. I called in and confirmed all the security questions and my identity and got it unlocked. I added another AU about a week ago, and found out today the card is locked again! Makes sense why people don't really recommend using Chase for a TL.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on June 01, 2020, 04:59:42 AM
I never had that happen on my chase card,  but I always call in the AU. Did you add online? That could be the reason why they locked your account, happened to me with another bank. TD once called me to confirm that I did add 3 AU online.
[/quote]
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 01, 2020, 07:52:38 AM
Dang, BofA dropped the CL on my card. Looks like quite a few CC issuers are doing this.
Did they say why?
No, but again, some credit card issuers are doing this because of the pandemic and economic undoing. I believe it has something to do with decreasing their credit risk/credit exposure.
I've got another BofA card so I may try to transfer some credit over.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jafr1284 on June 01, 2020, 08:43:06 AM
I never had that happen on my chase card,  but I always call in the AU. Did you add online? That could be the reason why they locked your account, happened to me with another bank. TD once called me to confirm that I did add 3 AU online.
[/quote]
I added on the phone.. It's very odd.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 01, 2020, 10:15:44 AM
Dang, BofA dropped the CL on my card. Looks like quite a few CC issuers are doing this.
Did they say why?
No

@PointsLawyer batsignal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 01, 2020, 10:18:21 AM
Dang, BofA dropped the CL on my card. Looks like quite a few CC issuers are doing this.
Did they say why?
No

@PointsLawyer batsignal.

I thought he dealt with closures only.  Can you get a settlement because they lowered your credit limit?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 01, 2020, 10:35:46 AM
Dang, BofA dropped the CL on my card. Looks like quite a few CC issuers are doing this.
Did they say why?
No

@PointsLawyer batsignal.

I thought he dealt with closures only.  Can you get a settlement because they lowered your credit limit?

I thought the law included any adverse action without explanation, but I could be misremembering.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on June 02, 2020, 01:32:16 PM
Dang, BofA dropped the CL on my card. Looks like quite a few CC issuers are doing this.
Did they say why?
No

@PointsLawyer batsignal.

I thought he dealt with closures only.  Can you get a settlement because they lowered your credit limit?

I thought the law included any adverse action without explanation, but I could be misremembering.

From what I recall, PointsLawyer is not able to do anything with BoA closures.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: goodlivin23 on June 03, 2020, 11:24:11 AM
Hi all,
I've got a Key Mastercard that I've had for 23 YEARS and it only has a $9K limit. I called last July to increase the limit but they said since I hadn't used it for a while, they wouldn't do it. So I bought a bunch of grocery store gift cards. Called back in November and they said that I had to wait 6 months between requests. So called back in May. They said since I had some activity on my credit report (I had increased limits on another card - but my score is 820), they couldn't increase it 'at this time'. WHAT?!?! I've had the damn card for 23 years and never a late payment! I've had no problem getting my limit increased on my other cards. Oh - I only use one card, and I pay it off every 2 weeks.
Has anyone else had this issue with Key? I would love to use this card for selling tradelines.
Any help is super appreciated here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 03, 2020, 12:23:30 PM
Hi all,
I've got a Key Mastercard that I've had for 23 YEARS and it only has a $9K limit. I called last July to increase the limit but they said since I hadn't used it for a while, they wouldn't do it. So I bought a bunch of grocery store gift cards. Called back in November and they said that I had to wait 6 months between requests. So called back in May. They said since I had some activity on my credit report (I had increased limits on another card - but my score is 820), they couldn't increase it 'at this time'. WHAT?!?! I've had the damn card for 23 years and never a late payment! I've had no problem getting my limit increased on my other cards. Oh - I only use one card, and I pay it off every 2 weeks.
Has anyone else had this issue with Key? I would love to use this card for selling tradelines.
Any help is super appreciated here.

If by "Key" you are referring to Key Bank, I don't believe either the Old company or the New company will use them for tradelines.

Each issuer has their own rules as to CL increases.  If you google around, there are places where people have crowdsourced this information and you can find out what works and doesn't work.  I don't usually worry about the specifics of any given issuer, but in general I note that a higher reported income and high monthly spending on the card will result in increases.  I've also heard that calling them and saying that you have a big purchase you'd like to put on the card can result in them issuing an increase.  Finally, I would say that a high reported income is more correlated to high limits than a high credit score.

You could also start seasoning cards with other issuers like Chase, Citi, etc.  Sometimes you can even get card signup bonuses for them which makes them doubly useful (signup bonus + piggybacking).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 06, 2020, 07:37:22 AM
I was able to move CL from one card to the other for BofA. So I'm not too worried about them dropping my CL unexpectedly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jafr1284 on June 06, 2020, 08:51:00 PM
Just a heads up for those with Wells Fargo tradelines. My card is having issues reporting AU's properly. Apparently this is a know issue that has something to do with Covid. Btw I am using a different company than the "old" or the "new" one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 09, 2020, 06:58:27 AM
Hi all,
I've got a Key Mastercard that I've had for 23 YEARS and it only has a $9K limit. I called last July to increase the limit but they said since I hadn't used it for a while, they wouldn't do it. So I bought a bunch of grocery store gift cards. Called back in November and they said that I had to wait 6 months between requests. So called back in May. They said since I had some activity on my credit report (I had increased limits on another card - but my score is 820), they couldn't increase it 'at this time'. WHAT?!?! I've had the damn card for 23 years and never a late payment! I've had no problem getting my limit increased on my other cards. Oh - I only use one card, and I pay it off every 2 weeks.
Has anyone else had this issue with Key? I would love to use this card for selling tradelines.
Any help is super appreciated here.

I'm not surprised.  The bank is looking and sees you don't actually "need" a CL increase because you're not consistently using the card.  If you do really want that CL increase, use it as your base card and do it for a year.  Then when you ask for a CL increase, they'll see that you have a reason to ask.  I have cards where I pay part throughout the period in order to avoid the credit limit but actually spend way over the credit limit throughout the month.  Doing that would be a good way to signal that you will actually use that added CL.  If you just want it for tradelines and don't want to actually spend near the limit, they probably will never raise it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on June 09, 2020, 08:22:00 AM
My tactic for trying to get a credit increase is to frame it that I've got a big purchase coming up and I don't want to exceed 20% of my credit utilization as that could potentially impact my credit score. Realistically I will never come close to a $15,000 or $20,000 credit limit but I could potentially charge a few thousand in one month.

In some cases it's been automate and just inputting my higher income has been enough.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on June 12, 2020, 04:50:53 AM
The old company tells you when to remove AU.  Do you have to do it exactly on that day, can you do it later?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 12, 2020, 07:54:04 AM
You can do it later.  I think a lot of us make sure it's the next day so we don't remove it early.  I expect they don't put your card back in play for buyers until the number of AUs on the card is below the max they set.

I got a "remove user" from the new company a week ago.  Add date?  Beginning of August last year.  Really? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 12, 2020, 09:22:23 AM
You can do it later.  I think a lot of us make sure it's the next day so we don't remove it early.  I expect they don't put your card back in play for buyers until the number of AUs on the card is below the max they set.

I got a "remove user" from the new company a week ago.  Add date?  Beginning of August last year.  Really?

I recently had them go over the max with a small overlap.

How many AU can you have on a card simultaneously?  I have a citi with 2 slots in the portal that sell pretty regularly.  My wife is also an AU on the and is listed as such in the portal.  I already have the 2 slots filled, for a total of 3 current AU, and I just got a request to add another.  Did they forget to tell me to remove the AU that has already posted?  Should I go ahead and remove her before adding the new guy?  Or just add the new guy anyway?  I emailed the company, but probably won't get a response until tomorrow.

I was instructed to add the AU anyway, and the previous AU that has posted will overlap until early June.  Citi added the AU, then transferred me to the fraud department where they sent me a text message with an authorization code and also made me verify my address.  Everything seems to have gone through, but it makes me a little nervous that they flagged me and sent me to the fraud department.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 19, 2020, 07:48:07 AM
sigh.....

One of my AUs called the cc company to "dispute" being an AU on the card and demanded he be removed.  cc company closes the card and issues a new one, sending me a text saying it's been closed by request.  I call in and get the name of the AU who did this.....who I've been paid for and who is scheduled to be removed next Wednesday.  I guess these people aren't rocket scientists.  They pay to be an AU and then go to the trouble of getting themselves removed as an AU.  I'm hoping the other AU isn't affected by this clown.

I've heard other stories like this here.  I did learn that I needed to change my telephone number on the account.  The fraud department tried to call me on our landline.....which has absolutely nothing plugged into it.  Changed that for the future.

The joys of tradeline sales, I guess.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on June 19, 2020, 08:16:42 PM
Yeah sometimes one of these AU clients becomes hyper-vigilant about their credit report, and when they pull it suddenly they see an address or something on there they've never heard of, and think they're victims of identity theft. D'oh!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on June 20, 2020, 09:52:27 PM
has anyone out there done the research/crowdsourced data to put together a guide on how often you can request credit limit increases for different issuers? Part of my strategy is to gradually increase the limit on cards so they can qualify for higher payouts.

I used to regularly get CL increases without a problem, but lately i've been getting more rejections, either due to low utilization, enough credit extended already, or new credit having been recently opened.

I know there is no obligation for the issuers to be more specific than that, but I'd like to have a better idea of what each issuer's guidelines are so I can better manage my limit increase requests.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 20, 2020, 10:56:12 PM
has anyone out there done the research/crowdsourced data to put together a guide on how often you can request credit limit increases for different issuers? Part of my strategy is to gradually increase the limit on cards so they can qualify for higher payouts.

I used to regularly get CL increases without a problem, but lately i've been getting more rejections, either due to low utilization, enough credit extended already, or new credit having been recently opened.

I know there is no obligation for the issuers to be more specific than that, but I'd like to have a better idea of what each issuer's guidelines are so I can better manage my limit increase requests.

Yeah, there's data out there if you google for it.  Key drivers of high limits IMHO are household income, high spending on the card in question, and to a lesser degree a long and strong credit history.

In general, each issuer seems to have a max total that you'll get across all of your cards with them, and it seems to be a percentage of your HHI.  So with most issuers, you can ask them to move CL around from card to card.

Sometimes you can open new cards with an issuer, get a low CL of like $5K or something, and then close it at move that $5K to another card with them.  BofA doesn't like to let you do this, though - they'll go through a mini credit interview every time you try.  Lately though, issuers will also do the reverse of this maneuver, where they'll give you that new card with a $5K limit, but they'll take that $5K from one of your other cards with them.

Generally I wouldn't bother asking for CLIs more than once every six months or so, especially if nothing has changed in your income or credit or spending profile.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on June 21, 2020, 04:39:39 AM
Also some of the branded chase cards like IHG and Hyatt give you very high limits like 30k. I have chase United and the limit is very low, and they are stubborn about increasing it. But they did take some of my Hyatt chase limits and move to the United card. The Hyatt card had 40 k limit. The CSR talked me through it and hinted if I had higher income I could have more and they did pull a credit check, and she mentioned that they would. Anyhow, that’s how I got my limit up. Unfortunately my trade line company doesn’t use chase as much as my other cards (maybe because chase doesn’t take the AU social?). Anyway I also added reported my spouses income to to chase and that helped.

I find the companies utilize my Barclays card most, then my Discover card but only 2 spots a month, BOA, then Citibank, I am lucky that mine takes TD bank and Chase, Capital one also. (Got restrictions with Capital one so it can be feast or famine with that card). I have an opportunity to get a covity bank card too and when they signed me up they offered me a 30 k limit! But I am not sure if they take that bank and this would be a BJ brand card, I am on the fence about it. I have too many cards. Hope this helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 21, 2020, 09:15:51 PM
sigh.....

One of my AUs called the cc company to "dispute" being an AU on the card and demanded he be removed.  cc company closes the card and issues a new one, sending me a text saying it's been closed by request.  I call in and get the name of the AU who did this.....who I've been paid for and who is scheduled to be removed next Wednesday.  I guess these people aren't rocket scientists.  They pay to be an AU and then go to the trouble of getting themselves removed as an AU.  I'm hoping the other AU isn't affected by this clown.

I've heard other stories like this here.  I did learn that I needed to change my telephone number on the account.  The fraud department tried to call me on our landline.....which has absolutely nothing plugged into it.  Changed that for the future.

The joys of tradeline sales, I guess.

Yeah sometimes one of these AU clients becomes hyper-vigilant about their credit report, and when they pull it suddenly they see an address or something on there they've never heard of, and think they're victims of identity theft. D'oh!

I think a lot of AUs are trying to improve their credit two ways at the same time--removing items that shouldn't be there to clean up bad things on their report, and adding tradelines to add good things.

If they're using a company to credit repair at the same time as they add tradelines, there can be miscommunication and the tradeline may be disputed. It isn't common, but does seem to happen, and that's my guess as to why.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 22, 2020, 09:39:47 AM
One more reason to remove AUs from your cards as soon as possible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 23, 2020, 11:08:31 AM

I think a lot of AUs are trying to improve their credit two ways at the same time--removing items that shouldn't be there to clean up bad things on their report, and adding tradelines to add good things.

If they're using a company to credit repair at the same time as they add tradelines, there can be miscommunication and the tradeline may be disputed. It isn't common, but does seem to happen, and that's my guess as to why.

TL company contacted the AU.  He had same bank's card with a bad mark, so disputed it with the credit bureau who contacted the bank to pull all the cards there.  Had he waited one more day, it would have hit the last day before the "remove" date.  I had another AU on that card, so we'll see what happens.  These are $25 AUs, so no big deal. 

I continue to receive comedy in the mail from credit recovery companies in various AU's names.  Yah...good luck with that, buddy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on June 25, 2020, 01:26:58 PM
I had a very odd situation. I got a letter from Barclays that "as requested, we've closed your account" on my tradeline card. I initially thought that they had closed it for tradeline sales but provided the wrong reason, but when I called the rep said that I had closed it in the automated system. I said I hadn't closed it, and she said that maybe I hit the wrong button. (Side note: how could it POSSIBLY be so easy to close an account that you can pocket-dial it???) I hadn't called in at all, and she reopened the account.

I do have current AUs on the card, so I hope it doesn't screw up anything with those, but I'm kinda wondering given some of the other stories about AUs making changes to cards if one of them called it for some reason?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 29, 2020, 09:53:00 AM
AUs can NOT make changes on a card.  But apparently, they can dispute a card on their credit report and ask the credit agency to remove this, stating that it isn't their card.  This is what just happened to me.  So then, the CC gets the report from the credit agency and closes the card OR re-issues the card.  I just had a US Bank re-issue.  The good news.....I just got the new card and my AU (not the one who reported with the credit agency) is still on it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on June 29, 2020, 11:45:17 PM
I am having some troubles with the 'new' company.  I had 3 add requests in 2 months to my Capital One card, added them all within 1 day of the requests, and got cards for them all.  The 'new' company then asked me to add a 4th in that same 2 month period.  I had researched this and believe the safe limit for Capital One is 2-3 adds in 3 months (as far as I know).  So I emailed the 'new' company that same day and requested the 4th add request be removed.  Erica agreed but 2 weeks later removed the 3rd and 4th adds.  I have sent several emails detailing this and trying to get the 3rd added back on but I am not getting a positive response, just delay tactics.

I allso have 2 AU payments that are past due.  This accounts for: reporting 9 days after the due date and then 10 weeks after the report date.  1 card is over a month late and the other just a few days.  I have emailed Erica and Cliff but again I am getting delay tactics.

I have clearly detailed these problems to them but I am getting no where.  Is anyone having these problems?  What is the best way to deal with the 'new' company on this?  Is contacting the Better Business Bruere the correct resolution?

Thanks in advance
John
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 29, 2020, 11:48:29 PM
PM sent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on June 30, 2020, 06:10:06 PM
I am having some troubles with the 'new' company.  I had 3 add requests in 2 months to my Capital One card, added them all within 1 day of the requests, and got cards for them all.  The 'new' company then asked me to add a 4th in that same 2 month period.  I had researched this and believe the safe limit for Capital One is 2-3 adds in 3 months (as far as I know).  So I emailed the 'new' company that same day and requested the 4th add request be removed.  Erica agreed but 2 weeks later removed the 3rd and 4th adds.  I have sent several emails detailing this and trying to get the 3rd added back on but I am not getting a positive response, just delay tactics.

I allso have 2 AU payments that are past due.  This accounts for: reporting 9 days after the due date and then 10 weeks after the report date.  1 card is over a month late and the other just a few days.  I have emailed Erica and Cliff but again I am getting delay tactics.

I have clearly detailed these problems to them but I am getting no where.  Is anyone having these problems?  What is the best way to deal with the 'new' company on this?  Is contacting the Better Business Bruere the correct resolution?

Thanks in advance
John

I can't speak for the adding too many AU's issue, but I can DEFINITELY relate on the late payments. Seems to be par for the course for the new company
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nate79 on June 30, 2020, 08:13:04 PM
Usually 2 to 3 reminder emails to Cliff and they finally will pay up. I just assume they will be a few months late in payments so I don't get too upset about it.

Sent from my SM-G950U using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on June 30, 2020, 10:52:59 PM
I had a weird experience with Citi today.
I added an AU online and got an error message "can't help you with that...call this number" or some such thing.
While reaching for my phone, I went back to my AU screen and it actually did have the AU on the card.

I decided not to call, because it shows the AU on the account now and I don't want to get unnecessary attention

But I am wondering if I should?

Last time I had a city add, months ago, I called to try and add the SSN and they told me that wasn't possible after I had been on hold for ever.
The AU posted anyways, but it's always a bit of a nail biter for me, as I had several not post a while ago.
I'd prefer not to call, but if anyone has any insight on what that error message could have triggered, please let me know.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on June 30, 2020, 11:34:31 PM
My first payment for the old company processed yesterday and already hit my bank account. $150 for four spots on two newer cards that I added back at the beginning of May. I'll remove the AUs in about a month and be ready for the next batch. I'll probably pause my Barclay's card as those slots will be worth $175 instead of $50 early next year.

I had an issue with one AU not posting, sent a quick email and it was resolved the next day on their end.

Overall very happy with them - though I had zero activity on my first card from December until May. As soon as I added a second one in late April all four slots on both filled up quickly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 01, 2020, 07:15:32 AM
Good to hear, @Michael in ABQ  !

I continue to have awesome results with old company as well.  They have their stuff down pat.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 01, 2020, 07:23:22 AM
I had a weird experience with Citi today.
I added an AU online and got an error message "can't help you with that...call this number" or some such thing.
While reaching for my phone, I went back to my AU screen and it actually did have the AU on the card.

I decided not to call, because it shows the AU on the account now and I don't want to get unnecessary attention

But I am wondering if I should?

Last time I had a city add, months ago, I called to try and add the SSN and they told me that wasn't possible after I had been on hold for ever.
The AU posted anyways, but it's always a bit of a nail biter for me, as I had several not post a while ago.
I'd prefer not to call, but if anyone has any insight on what that error message could have triggered, please let me know.
That's odd, I've never received that message. In fact I called yesterday to add the SS after adding the AU online and it took about 2 minutes. The CSR did voluntarily tell me adding the SS does it help it to post the AU's credit report, but it isn't necessary. Better safe than sorry.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on July 01, 2020, 11:37:14 AM
Old company is much better if you can actually get some cards enrolled with them. They actually pay you when they say they will pay you, imagine that.

I've resorted to using a different tradeline company for cards that I can't get enrolled with the old company. Just not worth the frustration of dealing with new company to actually get paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 01, 2020, 11:48:13 AM
Yep, Old Company is top notch if you have cards that qualify. Basically zero problems, ever.

New Company struggles with customer service and on time payments. Not detail oriented, and no good processes for handling administrative tasks.

However, they do the entire AU process excellently, especially their process for verifying AUs, so it's something I begrudgingly put up with (while checking out other tradeline companies hoping to find another useful one). I haven't found any besides those two who properly vet AUs. Most don't want to spend the money and time it takes to do it right. Very shortsighted, IMO.

To my knowledge, everyone has always gotten paid from New Company, even if late. It's a trade off. I personally would rather wait a few months for payment than risk having a card shut down or participate in fraud or have the company fold (like BoostMyScore.net did a few months back). To each his own! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on July 01, 2020, 01:29:31 PM
Yep, Old Company is top notch if you have cards that qualify. Basically zero problems, ever.

New Company struggles with customer service and on time payments. Not detail oriented, and no good processes for handling administrative tasks.

However, they do the entire AU process excellently, especially their process for verifying AUs, so it's something I begrudgingly put up with (while checking out other tradeline companies hoping to find another useful one). I haven't found any besides those two who properly vet AUs. Most don't want to spend the money and time it takes to do it right. Very shortsighted, IMO.

To my knowledge, everyone has always gotten paid from New Company, even if late. It's a trade off. I personally would rather wait a few months for payment than risk having a card shut down or participate in fraud or have the company fold (like BoostMyScore.net did a few months back). To each his own! :)

Could you tell us more about properly vetting AUs? What exactly do these two companies do? What are the markers they look for?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 01, 2020, 04:18:03 PM
Sent email to New Company about payment and received it a couple days later. So they did respond a lot quicker than in the past.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: flashflooder on July 02, 2020, 07:29:39 AM
I've been with new company for about 3 years now, and I can attest that while their process is a little frustrating sometimes they have ALWAYS paid me what was owed. So, if you're willing to deal with having to send an email or 2 to get paid, they are great.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on July 10, 2020, 05:06:08 PM
Do you all "rest" your cards at all? I've heard here and there that adding and removing AUs too frequently might be flagged as suspicious behavior, so it might be good to give cards a break every once in a while.

But there doesn't seem to be any consensus whether this helps at all, or any general guidelines on how frequently to rest cards/ and for how long.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 10, 2020, 05:21:07 PM
Do you all "rest" your cards at all? I've heard here and there that adding and removing AUs too frequently might be flagged as suspicious behavior, so it might be good to give cards a break every once in a while.

But there doesn't seem to be any consensus whether this helps at all, or any general guidelines on how frequently to rest cards/ and for how long.

I do not.  I personally think that there are three ways to get flagged for suspicious behavior:

1.  Add AUs which are synthetic identities or otherwise problematic.  I minimize this risk by using the two companies recommended by @arebelspy in this thread.

2.  Exhibit risky behavior when talking with customer service representatives, such as adding and removing AUs in a single phone call.  I minimize this risk by reading and following all of the AU companies' recommendations in these matters.

3.  Add and remove lots of AUs over time.  I believe that CC companies may periodically decide to run queries on their customer databases looking for people who have added and removed some threshold number of AUs on their accounts, maybe with special attention to those who don't share surnames with the CC holder.  So if my name is John Smith and I add my son Fred Smith who lives at my address as an AU, I'm probably just a normal person.  If my name is John Smith and I've added Fred Jones, Amanda Brady, Kevin Hicks, Jane Austen, and 22 more of my closest friends in the past year, I'm probably a piggybacker.  They may also focus their criteria on people who have more than a threshold number of AUs on their account at any point in time - most ordinary people do not have five AUs on their card at once.

This third risk is outlined in this thread and by the TL companies, and I accept this risk as a part of the deal.  I minimize its impact on me by having multiple credit cards and only piggybacking on cards and with CC companies that I am willing to have shut down at some point.

Resting credit cards probably helps only with the third risk, and while it's helping you avoid getting your CC shut down, you are also not making any sales.  I don't think there's any way to quantify the benefit.  But I think ARS has said and most people understand that each person needs to find their own comfort level with this and any other hack or game that exists.  We all get to roll the dice and take our chances.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 11, 2020, 09:57:10 AM
Do you all "rest" your cards at all? I've heard here and there that adding and removing AUs too frequently might be flagged as suspicious behavior, so it might be good to give cards a break every once in a while.

But there doesn't seem to be any consensus whether this helps at all, or any general guidelines on how frequently to rest cards/ and for how long.

I do not.  I personally think that there are three ways to get flagged for suspicious behavior:

1.  Add AUs which are synthetic identities or otherwise problematic.  I minimize this risk by using the two companies recommended by @arebelspy in this thread.

2.  Exhibit risky behavior when talking with customer service representatives, such as adding and removing AUs in a single phone call.  I minimize this risk by reading and following all of the AU companies' recommendations in these matters.

3.  Add and remove lots of AUs over time.  I believe that CC companies may periodically decide to run queries on their customer databases looking for people who have added and removed some threshold number of AUs on their accounts, maybe with special attention to those who don't share surnames with the CC holder.  So if my name is John Smith and I add my son Fred Smith who lives at my address as an AU, I'm probably just a normal person.  If my name is John Smith and I've added Fred Jones, Amanda Brady, Kevin Hicks, Jane Austen, and 22 more of my closest friends in the past year, I'm probably a piggybacker.  They may also focus their criteria on people who have more than a threshold number of AUs on their account at any point in time - most ordinary people do not have five AUs on their card at once.

This third risk is outlined in this thread and by the TL companies, and I accept this risk as a part of the deal.  I minimize its impact on me by having multiple credit cards and only piggybacking on cards and with CC companies that I am willing to have shut down at some point.

Resting credit cards probably helps only with the third risk, and while it's helping you avoid getting your CC shut down, you are also not making any sales.  I don't think there's any way to quantify the benefit.  But I think ARS has said and most people understand that each person needs to find their own comfort level with this and any other hack or game that exists.  We all get to roll the dice and take our chances.

+1 This is my take as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 14, 2020, 05:46:24 AM
What could cause AU not to post?  I added two AUs two days apart to the same card and the one added two days later already posted but the earlier one didn't.  Should I be concerned?  This is with the old company.

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 14, 2020, 06:53:06 AM
What could cause AU not to post?  I added two AUs two days apart to the same card and the one added two days later already posted but the earlier one didn't.  Should I be concerned?  This is with the old company.

Thanks!

This happens from time to time.  I recently had one not post.  The old company said to check a day or 2 after adding to see that the AU was really added.  I don't, but it's the best practice.  I've only lost 2 AUs ever for not posting and I'm pretty sure the other one, I forgot to put any purchases on it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 14, 2020, 10:07:26 AM
What could cause AU not to post?  I added two AUs two days apart to the same card and the one added two days later already posted but the earlier one didn't.  Should I be concerned?  This is with the old company.

Thanks!

Most likely scenarios, in no particular order:

1.  Some error in the process of adding the AU by you.  This would include:
  A.  Not typing or transferring the key AU information of name, address, SSN, and DOB.
  B.  Not completing the process with the CC company.  Some CC companies now have an authentication at the end of the process, which I sometimes almost forget to do.
  C.  Failing to put a purchase on the card before the closing date.
  D.  Failing to add the user before the closing date.
  E.  Accidentally adding them to the wrong card, I suppose.
2.  Some error in adding the AU by the CC company.  If you called in:
  A.  They may have failed to enter the key AU information correctly, or have failed to complete the process on their end somehow.
  B.  They may have suspected fraud.  Normally this would result in the card being locked and the AU added anyway, but it's possible if the CSR thought fraud and was highly energetic that they would refuse to add the AU and possibly lock the card.  Alas, this explanation would make more sense if it were the second AU that you added failed.

I'd be concerned only to the extent that I'd have lost that commission and somewhat damaged the TL company's reputation and somewhat damaged the TL company's opinion of me, which might affect their decision to send commissions my way in the future.  And if it's consistently happening, I'd carefully go over my practices and make sure I was doing everything correctly.

But, if it's just a one-off, which is the most likely scenario, the TL companies say it happens from time to time without rhyme or reason, and other than a lost commission and slight inconvenience to the TL company to reassign that AU to someone else I wouldn't worry about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on July 14, 2020, 11:01:44 AM
Just had my first two not post, both in the last couple of months after going a few years without problems. I think it was because I added them online and did not call in, and could not add the SSN online. Company said it was OK to do it this way back when the customer service phone line waits were hours due to coronavirus. But now that things have settled and customer service waits are back to normal, I'm back to calling in with a SSN if there's no place for it online and haven't had problems. They did show up on my CC account, I got the card in the mail, activated it, and made purchases on the card, but, no luck without that SSN apparently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 14, 2020, 01:33:39 PM
How many AU can you have on a card simultaneously?  I have a citi with 2 slots in the portal that sell pretty regularly.  My wife is also an AU on the and is listed as such in the portal.  I already have the 2 slots filled, for a total of 3 current AU, and I just got a request to add another.  Did they forget to tell me to remove the AU that has already posted?  Should I go ahead and remove her before adding the new guy?  Or just add the new guy anyway?  I emailed the company, but probably won't get a response until tomorrow.

I was instructed to add the AU anyway, and the previous AU that has posted will overlap until early June.  Citi added the AU, then transferred me to the fraud department where they sent me a text message with an authorization code and also made me verify my address.  Everything seems to have gone through, but it makes me a little nervous that they flagged me and sent me to the fraud department.

They are getting more aggressive with the adds now.  In my previous post they had me add a 3rd tradeline AU onto a card that my wife was already an AU on and said it was fine.  I have since removed one AU, and I've had my wife, and 2 tradeline AU on the card.  I just got notice to add 2 additional AU, but haven't received notice to remove any others. 

So my citi card is going to have me, my wife, and 4 tradeline AU on it for some period of time. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 15, 2020, 03:47:45 AM
This happens from time to time.  I recently had one not post.  The old company said to check a day or 2 after adding to see that the AU was really added.  I don't, but it's the best practice.  I've only lost 2 AUs ever for not posting and I'm pretty sure the other one, I forgot to put any purchases on it.


Most likely scenarios, in no particular order:

1.  Some error in the process of adding the AU by you.  This would include:
  A.  Not typing or transferring the key AU information of name, address, SSN, and DOB.
  B.  Not completing the process with the CC company.  Some CC companies now have an authentication at the end of the process, which I sometimes almost forget to do.
  C.  Failing to put a purchase on the card before the closing date.
  D.  Failing to add the user before the closing date.
  E.  Accidentally adding them to the wrong card, I suppose.
2.  Some error in adding the AU by the CC company.  If you called in:
  A.  They may have failed to enter the key AU information correctly, or have failed to complete the process on their end somehow.
  B.  They may have suspected fraud.  Normally this would result in the card being locked and the AU added anyway, but it's possible if the CSR thought fraud and was highly energetic that they would refuse to add the AU and possibly lock the card.  Alas, this explanation would make more sense if it were the second AU that you added failed.

I'd be concerned only to the extent that I'd have lost that commission and somewhat damaged the TL company's reputation and somewhat damaged the TL company's opinion of me, which might affect their decision to send commissions my way in the future.  And if it's consistently happening, I'd carefully go over my practices and make sure I was doing everything correctly.

But, if it's just a one-off, which is the most likely scenario, the TL companies say it happens from time to time without rhyme or reason, and other than a lost commission and slight inconvenience to the TL company to reassign that AU to someone else I wouldn't worry about it.

Just had my first two not post, both in the last couple of months after going a few years without problems. I think it was because I added them online and did not call in, and could not add the SSN online. Company said it was OK to do it this way back when the customer service phone line waits were hours due to coronavirus. But now that things have settled and customer service waits are back to normal, I'm back to calling in with a SSN if there's no place for it online and haven't had problems. They did show up on my CC account, I got the card in the mail, activated it, and made purchases on the card, but, no luck without that SSN apparently.

Thank you all for the explanations.  I'm disappointed as this was $250.  I never call in to add AUs and I was not advised to call a day or two after to confirm, and also was not told to charge the card issued to the AU :(
So if they didn't post, can I call in and remove them or do I need to wait 3 moths like I do with the ones that posted?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 15, 2020, 06:19:20 AM
Thank you all for the explanations.  I'm disappointed as this was $250.  I never call in to add AUs and I was not advised to call a day or two after to confirm, and also was not told to charge the card issued to the AU :(
So if they didn't post, can I call in and remove them or do I need to wait 3 moths like I do with the ones that posted?

Depending on the card, you may not need to call to add the AU. And I've never called back to confirm. You don't need to put a charge the AUs card. Just a small charge on your own card to ensure it post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 15, 2020, 10:20:36 AM
Citicard is one which for sure has to have the SSN added to be sure it posts. The online form doesn't request the SSN, and when I've called in to add the SSN the CSRs can be confused and find it difficult. (arguing with me saying they don't need it; or telling me the AU is already added, or some other misunderstanding of my request.)

I've found it easier to call in to add the AU completely rather than add the AU online and then call to add the SSN.  When I call in to add an AU fresh, the CSR asks for each information field including the SSN so it all flows easily.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 15, 2020, 10:24:34 AM

Thank you all for the explanations.  I'm disappointed as this was $250.  I never call in to add AUs and I was not advised to call a day or two after to confirm, and also was not told to charge the card issued to the AU :(
So if they didn't post, can I call in and remove them or do I need to wait 3 moths like I do with the ones that posted?

With some cards you HAVE to call in to get it to post correctly.
I have never called to confirm, but for Citi you can see the authorized AUs when you login to your Citi account.
I don't see why you can't remove the ones that didn't post, but I would do it on two different phone calls, on different days .

BTW, do you call in to remove AUs? For Citi and Chase the company says to call in to remove. Chase allows ADDS on line, but not removals.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 15, 2020, 10:37:16 AM
I just logged on to the New Company portal and looked at my cards' instructions.

For Chase and CapitalOne no SSN is required.
For Citi, Barclay, and Bank of America the SSN is required.

(expand the card info using the plus sign. There is a field "SSN required" with either a YES or NO next to it.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 15, 2020, 11:51:51 AM
How many AU can you have on a card simultaneously?  I have a citi with 2 slots in the portal that sell pretty regularly.  My wife is also an AU on the and is listed as such in the portal.  I already have the 2 slots filled, for a total of 3 current AU, and I just got a request to add another.  Did they forget to tell me to remove the AU that has already posted?  Should I go ahead and remove her before adding the new guy?  Or just add the new guy anyway?  I emailed the company, but probably won't get a response until tomorrow.

I was instructed to add the AU anyway, and the previous AU that has posted will overlap until early June.  Citi added the AU, then transferred me to the fraud department where they sent me a text message with an authorization code and also made me verify my address.  Everything seems to have gone through, but it makes me a little nervous that they flagged me and sent me to the fraud department.

They are getting more aggressive with the adds now.  In my previous post they had me add a 3rd tradeline AU onto a card that my wife was already an AU on and said it was fine.  I have since removed one AU, and I've had my wife, and 2 tradeline AU on the card.  I just got notice to add 2 additional AU, but haven't received notice to remove any others. 

So my citi card is going to have me, my wife, and 4 tradeline AU on it for some period of time.

I just got 2 separate emails telling me that the AU request wasn't completed, "Your authorized user request wasn't completed. Please resubmit your request"

I logged into my citi account just to see what's up, because I've had them alert me before, but then it still lists the AU as on the account.  But my account is gone.  I have access to my other citi card, but the card that I added the AU on is just gone.  When I go to my accounts it only lists my costco card, my citi double card is nowhere.  Hmmm. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 15, 2020, 12:02:39 PM
Wow! That's strange.  Even when I've had problems with Citi, the card in question still shows.  It either has "account closed" or "we see unusual activity; please call us".

Could you try in another browser. Or go to your "History" and click on the saved link that you have used in the past to see that particular card?

(That would just be out of curiosity. You will have to call in anyway to fix the issue.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on July 15, 2020, 12:51:27 PM

I just got 2 separate emails telling me that the AU request wasn't completed, "Your authorized user request wasn't completed. Please resubmit your request"

I logged into my citi account just to see what's up, because I've had them alert me before, but then it still lists the AU as on the account.  But my account is gone.  I have access to my other citi card, but the card that I added the AU on is just gone.  When I go to my accounts it only lists my costco card, my citi double card is nowhere.  Hmmm.

I've had this happen to me with Citi, during a period where I wasn't adding or removing AUs.   I ignored it and the next time I logged on (maybe a week later?), my account showed up again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on July 17, 2020, 10:59:24 AM
Trying to do a Barclay add and the customer service rep just skipped the SSN question and issued the card. Then said he couldn't go back and add the SSN until after I receive the card. Ugh...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 17, 2020, 11:18:12 AM
Trying to do a Barclay add and the customer service rep just skipped the SSN question and issued the card. Then said he couldn't go back and add the SSN until after I receive the card. Ugh...

I can add and remove AUs online on my Barclay's card.  Hopefully you can too.  Look under Services / Authorized Users.  I believe it uses name, DOB, and address.

Also, if you provided name, DOB, and address to the CSR, it should still post even without the SSN.  My rule of thumb, which  matches the evidence I've seen, is that as long as three of (name, DOB, address, SSN) match, then it'll post to their credit report.  I even had one case where a long last name was misspelled by one letter, and it still posted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 17, 2020, 11:59:17 AM
How many AU can you have on a card simultaneously?  I have a citi with 2 slots in the portal that sell pretty regularly.  My wife is also an AU on the and is listed as such in the portal.  I already have the 2 slots filled, for a total of 3 current AU, and I just got a request to add another.  Did they forget to tell me to remove the AU that has already posted?  Should I go ahead and remove her before adding the new guy?  Or just add the new guy anyway?  I emailed the company, but probably won't get a response until tomorrow.

I was instructed to add the AU anyway, and the previous AU that has posted will overlap until early June.  Citi added the AU, then transferred me to the fraud department where they sent me a text message with an authorization code and also made me verify my address.  Everything seems to have gone through, but it makes me a little nervous that they flagged me and sent me to the fraud department.

They are getting more aggressive with the adds now.  In my previous post they had me add a 3rd tradeline AU onto a card that my wife was already an AU on and said it was fine.  I have since removed one AU, and I've had my wife, and 2 tradeline AU on the card.  I just got notice to add 2 additional AU, but haven't received notice to remove any others. 

So my citi card is going to have me, my wife, and 4 tradeline AU on it for some period of time.

I just got 2 separate emails telling me that the AU request wasn't completed, "Your authorized user request wasn't completed. Please resubmit your request"

I logged into my citi account just to see what's up, because I've had them alert me before, but then it still lists the AU as on the account.  But my account is gone.  I have access to my other citi card, but the card that I added the AU on is just gone.  When I go to my accounts it only lists my costco card, my citi double card is nowhere.  Hmmm.

I initiated online chat and the citi rep said they still see my account on their side.  They said I need to clear my cache and cookies, and when that failed they said I had to call in to tech support. 

After calling in I was given the same advice.  When that failed they said try a different browser.  When that failed they said to just re link the card.  When that failed they said my account needs to be deleted and I need to create a brand new account and relink both cards.  After they deleted my username I was unable to choose the same username, so I had to create a new one.  After that I have no access to the website at all.  After logging in it just says "we've encountered an issue".  I was instructed to wait an hour and then try logging back in (that was several hours ago, still no good). 

The rep assured me she could still see both my cards from her end, and that my automatic payments were still in effect (she claimed those can only be canceled by calling in and requesting the stop, not even deleting the account will negate them apparently).

I guess I just don't have access to see my citi cards online any longer?  I am going to wait until next week and see if the technical issues are on their end and fixed, but this has been going on since Tuesday and they didn't post anything about server maintenance that I could see, and the rep wasn't aware of any maintenance going on until she put me on hold to go and talk to the "tech department", and afterwards claimed they are doing maintenance.  But I also feel like they are perpetually doing some kind of maintenance and will announce when users should expect down time, which they haven't done. 

Also despite the email telling me that my AU failed to post, while I was on hold waiting for the rep the automated system told me that there were changes to my account on the day I added AU and that a new card was already in the mail to my address. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on July 17, 2020, 02:45:50 PM
Citi's website has always acted weird for me too. Sometimes I'll put in the address for an AU, and then after I save, I check the address, and its the address of an AU I had added months ago! So its not a typo, and I'm almost positive it isn't some kind of autofill either. Half the time I need to edit the address of the AU i just added.

To make things even stranger, once I had to call in to add an AU, and the CSR helping me out said "That's weird, the system just changed the address on me!"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on July 17, 2020, 04:33:30 PM
I have received the message "Your authorized user request wasn't completed. Please resubmit your request" a couple times too. But when I log in to check, the AUs are clearly there. So I just ignored the texts and everything worked out fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dizzy on July 18, 2020, 06:36:30 AM
So I finally got around to doing this, and my cards don't qualify.  They have really tightened the requirements, want $20k limits which is not anywhere near my limits on any of my cards (I don't even have $10k limit, and only 2 cards with $5k)

Does anyone else have any leads on other services like this?  I'm kicking myself for waiting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 18, 2020, 08:31:58 AM
So I finally got around to doing this, and my cards don't qualify.  They have really tightened the requirements, want $20k limits which is not anywhere near my limits on any of my cards (I don't even have $10k limit, and only 2 cards with $5k)

Does anyone else have any leads on other services like this?  I'm kicking myself for waiting.

Their needs change over time. It's worth it to check back on occasion.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on July 18, 2020, 01:35:51 PM
So I finally got around to doing this, and my cards don't qualify.  They have really tightened the requirements, want $20k limits which is not anywhere near my limits on any of my cards (I don't even have $10k limit, and only 2 cards with $5k)

Does anyone else have any leads on other services like this?  I'm kicking myself for waiting.

Even if your cards have low limits now, it doesn't have to stay that way. You can regularly request limit increases, and you'll get there eventually. 

I regularly request increases on my cards, and I also open new cards regularly so I can start seasoning them so I can sell lines on them in a few years when some of my current cards inevitably get shut down.

You're playing the long game here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dizzy on July 18, 2020, 02:55:43 PM
Yeah, fortunately/unfortunately I do have several cards with each issuer due to churning (sign up bonuses) but I have basically the minimum CL's on all of them.  I recently asked for CLI's everywhere and was denied- lending standards are tough (also getting approved for cards rn as well).  Cap One is still pending at least so fingers crossed.  A good reminder at least for next time I close a card to make sure the credit limit is transferred over to another card before closing.

I wish biz cards counted!  I have much higher limits on those cards :/  Can't even shift the credit line over since personal and biz don't play together for this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on July 19, 2020, 03:24:14 PM
Does anybody know if a person can sort of "accelerate" the number of on-time payments on a single credit card by splitting a payment into 2 payments, both paid before the due date for that payment?  I was just rejected by Cap One for a credit line increase, which the explanation claimed was because I almost never use the card.  (This is true).  So I just started using the card.  Meantime, I found an old letter from Cap One while doing some cleaning, which stated that I could apply for a credit line increase after 5 on-time payments.  That started me wondering about a way to expedite the process w/o waiting the 5-6 mo. that process would normally take.  If the 1st technique I asked about wouldn't work, does anybody out there know of any other tricks to accomplish this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 19, 2020, 03:36:10 PM
Does anybody know if a person can sort of "accelerate" the number of on-time payments on a single credit card by splitting a payment into 2 payments, both paid before the due date for that payment?  I was just rejected by Cap One for a credit line increase, which the explanation claimed was because I almost never use the card.  (This is true).  So I just started using the card.  Meantime, I found an old letter from Cap One while doing some cleaning, which stated that I could apply for a credit line increase after 5 on-time payments.  That started me wondering about a way to expedite the process w/o waiting the 5-6 mo. that process would normally take.  If the 1st technique I asked about wouldn't work, does anybody out there know of any other tricks to accomplish this?

I doubt that would work.  I think they view it as you having one chance per billing cycle to make an on-time payment.  Even if you split it into two they'll only count it as one.

The only trick, other than waiting, is piggybacking on someone else's credit, which is of course the technique discussed in this thread.  PM me if you want to discuss a private sale of a slot on one of my tradelines.  ;-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on July 19, 2020, 04:01:37 PM
@secondcor521  --I appreciate the offer, I just don't think it would really help much in this case.  I've got lots of CCs, some with fairly high limits, and a very good credit score.  I think Cap One is just trying to force me to use their card if I want an increase.  Since the rewards are better on many other cards I have, I never used the Cap One until recently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 20, 2020, 04:21:07 AM
Is there a benefit in having cards enrolled with more than one company?  I have 2 cards with the old company and one with the new one.  The old company pays more, and sells spots consistently. I'm questioning myself whether I should pull that one card from the new company and enroll it with the old one. What are your thoughts on this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on July 20, 2020, 06:07:58 AM
I would list with the old company and see how it goes no need to pull it from company 2
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 20, 2020, 07:47:58 AM
I would list with the old company and see how it goes no need to pull it from company 2
I don't believe that's allowed per each company's contract.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 20, 2020, 01:35:32 PM
If you have cards that qualify with old company, I'd do that.

I'd use new company for cards that old company doesn't take (card issuers they don't use or limits/age lower they take).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 20, 2020, 02:10:26 PM
How many AU can you have on a card simultaneously?  I have a citi with 2 slots in the portal that sell pretty regularly.  My wife is also an AU on the and is listed as such in the portal.  I already have the 2 slots filled, for a total of 3 current AU, and I just got a request to add another.  Did they forget to tell me to remove the AU that has already posted?  Should I go ahead and remove her before adding the new guy?  Or just add the new guy anyway?  I emailed the company, but probably won't get a response until tomorrow.

I was instructed to add the AU anyway, and the previous AU that has posted will overlap until early June.  Citi added the AU, then transferred me to the fraud department where they sent me a text message with an authorization code and also made me verify my address.  Everything seems to have gone through, but it makes me a little nervous that they flagged me and sent me to the fraud department.

They are getting more aggressive with the adds now.  In my previous post they had me add a 3rd tradeline AU onto a card that my wife was already an AU on and said it was fine.  I have since removed one AU, and I've had my wife, and 2 tradeline AU on the card.  I just got notice to add 2 additional AU, but haven't received notice to remove any others. 

So my citi card is going to have me, my wife, and 4 tradeline AU on it for some period of time.

I just got 2 separate emails telling me that the AU request wasn't completed, "Your authorized user request wasn't completed. Please resubmit your request"

I logged into my citi account just to see what's up, because I've had them alert me before, but then it still lists the AU as on the account.  But my account is gone.  I have access to my other citi card, but the card that I added the AU on is just gone.  When I go to my accounts it only lists my costco card, my citi double card is nowhere.  Hmmm.

I initiated online chat and the citi rep said they still see my account on their side.  They said I need to clear my cache and cookies, and when that failed they said I had to call in to tech support. 

After calling in I was given the same advice.  When that failed they said try a different browser.  When that failed they said to just re link the card.  When that failed they said my account needs to be deleted and I need to create a brand new account and relink both cards.  After they deleted my username I was unable to choose the same username, so I had to create a new one.  After that I have no access to the website at all.  After logging in it just says "we've encountered an issue".  I was instructed to wait an hour and then try logging back in (that was several hours ago, still no good). 

The rep assured me she could still see both my cards from her end, and that my automatic payments were still in effect (she claimed those can only be canceled by calling in and requesting the stop, not even deleting the account will negate them apparently).

I guess I just don't have access to see my citi cards online any longer?  I am going to wait until next week and see if the technical issues are on their end and fixed, but this has been going on since Tuesday and they didn't post anything about server maintenance that I could see, and the rep wasn't aware of any maintenance going on until she put me on hold to go and talk to the "tech department", and afterwards claimed they are doing maintenance.  But I also feel like they are perpetually doing some kind of maintenance and will announce when users should expect down time, which they haven't done. 

Also despite the email telling me that my AU failed to post, while I was on hold waiting for the rep the automated system told me that there were changes to my account on the day I added AU and that a new card was already in the mail to my address.


Now my doublecash card is showing up, but my costco card no longer is.  Citi needs to get its shit together. 

ETA: also apparently no longer able to make payments from my bank account.  I need to reset it up and reverify everything.  Makes me slightly suspicious that the rep assured my my autopayment is still scheduled for both cards, and cannot be deleted without calling in, but for some reason I now need to readd and reverify all of my bank account information.  I only have one bank account though, so it's the same one that's already scheduled.  I like to make prepayments to make sure I stay below the recommended credit utilization. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 20, 2020, 03:03:38 PM
If you have cards that qualify with old company, I'd do that.

I'd use new company for cards that old company doesn't take (card issuers they don't use or limits/age lower they take).
Thanks, I just did that
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 20, 2020, 04:24:11 PM
I have 2 Bank of America Cards that qualify for Tradelines with the old company. I'm told that using 2 or more cards from the same lender increases the risk of closure since the overall numbers of AU being added and removed is increased. Each of these cards would earn $200 per spot. Is it worth risking? Would you do it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on July 20, 2020, 05:35:30 PM
I have 2 Bank of America Cards that qualify for Tradelines with the old company. I'm told that using 2 or more cards from the same lender increases the risk of closure since the overall numbers of AU being added and removed is increased. Each of these cards would earn $200 per spot. Is it worth risking? Would you do it?

I don't have a BofA card so I can't speak directly to how they look at that, but I would not. At each bank I will only actively sell one card but I will have others that are seasoning, so when the active card gets shut down (I'm operating off the assumption that it will get shut down at some point), I have a seasoned card ready to take its place. This obviously won't work for banks that shut down all your accounts at once.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 20, 2020, 06:18:35 PM
I have 2 Bank of America Cards that qualify for Tradelines with the old company. I'm told that using 2 or more cards from the same lender increases the risk of closure since the overall numbers of AU being added and removed is increased. Each of these cards would earn $200 per spot. Is it worth risking? Would you do it?

Who told you that, and what was the factual basis for their assertion?

FWIW, I have two cards with two different CC cards enrolled with one of the recommended TL companies, both have had multiple AUs on them and none of the four cards have been shut down.

However, there is always a risk to account closure (read the OP); nothing is guaranteed.  I only enroll cards that I am willing to have get locked or closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 20, 2020, 06:52:27 PM
I have 2 Bank of America Cards that qualify for Tradelines with the old company. I'm told that using 2 or more cards from the same lender increases the risk of closure since the overall numbers of AU being added and removed is increased. Each of these cards would earn $200 per spot. Is it worth risking? Would you do it?

Who told you that, and what was the factual basis for their assertion?

FWIW, I have two cards with two different CC cards enrolled with one of the recommended TL companies, both have had multiple AUs on them and none of the four cards have been shut down.

However, there is always a risk to account closure (read the OP); nothing is guaranteed.  I only enroll cards that I am willing to have get locked or closed.
The old company told me that.
Are the cards that you have enrolled from the same bank?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 20, 2020, 07:01:09 PM
I have 2 Bank of America Cards that qualify for Tradelines with the old company. I'm told that using 2 or more cards from the same lender increases the risk of closure since the overall numbers of AU being added and removed is increased. Each of these cards would earn $200 per spot. Is it worth risking? Would you do it?

Who told you that, and what was the factual basis for their assertion?

FWIW, I have two cards with two different CC cards enrolled with one of the recommended TL companies, both have had multiple AUs on them and none of the four cards have been shut down.

However, there is always a risk to account closure (read the OP); nothing is guaranteed.  I only enroll cards that I am willing to have get locked or closed.
The old company told me that.
Are the cards that you have enrolled from the same bank?

Interesting.

Yes, I have two Chase cards enrolled and two USBank cards enrolled with the old company.  They didn't mention that to me when I enrolled them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on July 20, 2020, 07:07:49 PM
I had my BOA cards shut down i was placing 4 user on each card with one of the companies not listed here. Since then I lplayed nice no more than 2 users at a time on either of my chase cards for a total of 4users on  cards. Discover has had 40 users  but only 2 at a time. It has been a while since BOA shut me down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hay_otsuka on July 20, 2020, 07:23:21 PM
Does anybody know if a person can sort of "accelerate" the number of on-time payments on a single credit card by splitting a payment into 2 payments, both paid before the due date for that payment?  I was just rejected by Cap One for a credit line increase, which the explanation claimed was because I almost never use the card.  (This is true).  So I just started using the card.  Meantime, I found an old letter from Cap One while doing some cleaning, which stated that I could apply for a credit line increase after 5 on-time payments.  That started me wondering about a way to expedite the process w/o waiting the 5-6 mo. that process would normally take.  If the 1st technique I asked about wouldn't work, does anybody out there know of any other tricks to accomplish this?
The cli after 5 payments is usually offered on their 2nd tier account and often those accounts never increase or increase only minimally . It maybe better to open a new one

Sent from my Redmi Note 7 using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 20, 2020, 08:28:15 PM
I have 2 Bank of America Cards that qualify for Tradelines with the old company. I'm told that using 2 or more cards from the same lender increases the risk of closure since the overall numbers of AU being added and removed is increased. Each of these cards would earn $200 per spot. Is it worth risking? Would you do it?

I don't have a BofA card so I can't speak directly to how they look at that, but I would not. At each bank I will only actively sell one card but I will have others that are seasoning, so when the active card gets shut down (I'm operating off the assumption that it will get shut down at some point), I have a seasoned card ready to take its place. This obviously won't work for banks that shut down all your accounts at once.
It would be good to know which banks close all the accounts vs which ones only shut down one card. I know Chase closes all accounts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 20, 2020, 08:32:18 PM
I have 2 Bank of America Cards that qualify for Tradelines with the old company. I'm told that using 2 or more cards from the same lender increases the risk of closure since the overall numbers of AU being added and removed is increased. Each of these cards would earn $200 per spot. Is it worth risking? Would you do it?

Who told you that, and what was the factual basis for their assertion?

FWIW, I have two cards with two different CC cards enrolled with one of the recommended TL companies, both have had multiple AUs on them and none of the four cards have been shut down.

However, there is always a risk to account closure (read the OP); nothing is guaranteed.  I only enroll cards that I am willing to have get locked or closed.
The old company told me that.
Are the cards that you have enrolled from the same bank?

Interesting.

Yes, I have two Chase cards enrolled and two USBank cards enrolled with the old company.  They didn't mention that to me when I enrolled them.
It's in their FAQ.  I was reminded of it today when I asked them to add another card of mine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 20, 2020, 08:34:17 PM
I had my BOA cards shut down i was placing 4 user on each card with one of the companies not listed here. Since then I lplayed nice no more than 2 users at a time on either of my chase cards for a total of 4users on  cards. Discover has had 40 users  but only 2 at a time. It has been a while since BOA shut me down.
But did you have more than one card from BOA enrolled in tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 20, 2020, 10:03:48 PM
I have 2 Bank of America Cards that qualify for Tradelines with the old company. I'm told that using 2 or more cards from the same lender increases the risk of closure since the overall numbers of AU being added and removed is increased. Each of these cards would earn $200 per spot. Is it worth risking? Would you do it?

Who told you that, and what was the factual basis for their assertion?

FWIW, I have two cards with two different CC cards enrolled with one of the recommended TL companies, both have had multiple AUs on them and none of the four cards have been shut down.

However, there is always a risk to account closure (read the OP); nothing is guaranteed.  I only enroll cards that I am willing to have get locked or closed.
The old company told me that.
Are the cards that you have enrolled from the same bank?

Interesting.

Yes, I have two Chase cards enrolled and two USBank cards enrolled with the old company.  They didn't mention that to me when I enrolled them.
It's in their FAQ.  I was reminded of it today when I asked them to add another card of mine.

I went back and read my copy of their FAQ, and you're right; it is in there.  I guess I didn't worry about it as that risk is covered by my practice of only enrolling cards that I'm willing to have them shut down.

As far as your comment above that about which banks close all cards vs. individual cards:  Chase is the only one that I have heard of that closes down all cards.  I believe I have also read that Chase will also close down other lines, such as checking and savings accounts.  I have not read of any other issuer doing anything like that.  I think the data points are limited on what the banks do, but generally they seem to close down only the single CC in question.

The only data point I have to offer is that a USAA CSR talked to me once openly about my piggybacking history on my card with them, and he asked me nicely to stop doing so.  Given that my insurance lines are with USAA, my oldest CC is with them, and adding an AU with them was a hassle, and he helped me feel guilty about what I was doing, I elected to voluntarily stop piggybacking on that card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on July 21, 2020, 12:21:56 AM
I recently went to sign up with the new company but whenever I click the login link to create an account I get a security warning from my web browser and it really wants to block me.  This happens with both Firefox and Google Chrome.  Is this normal?  Is there a better method to create an account?

Thanks in advance
John
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on July 21, 2020, 08:08:07 AM
I have 2 Bank of America Cards that qualify for Tradelines with the old company. I'm told that using 2 or more cards from the same lender increases the risk of closure since the overall numbers of AU being added and removed is increased. Each of these cards would earn $200 per spot. Is it worth risking? Would you do it?

I don't have a BofA card so I can't speak directly to how they look at that, but I would not. At each bank I will only actively sell one card but I will have others that are seasoning, so when the active card gets shut down (I'm operating off the assumption that it will get shut down at some point), I have a seasoned card ready to take its place. This obviously won't work for banks that shut down all your accounts at once.
It would be good to know which banks close all the accounts vs which ones only shut down one card. I know Chase closes all accounts.

Close down all accounts:
Chase
USBank
Discover (you usually can only have one discover card at a time anyways, but they will blacklist you, meaning they will not allow you to apply for a new card, even years after shutdown)

Will just close affected account:
BofA
Capital One

Unknown:
Citi
Barclays (no known reported cases of Barclay shutdowns)
Wells Fargo
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on July 21, 2020, 03:31:28 PM
I have received the message "Your authorized user request wasn't completed. Please resubmit your request" a couple times too. But when I log in to check, the AUs are clearly there. So I just ignored the texts and everything worked out fine.

I just did an add on my Barclay card and after hitting submit, it said pretty much the same thing, that the user could not be added at this time, and to please call X phone number.  But now when I look at my list of AU's on that card, I see the person listed.  So I think I'm going to just sit tight and not call in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Saretire on July 23, 2020, 08:30:53 AM
What are your thoughts about it distorting the risk for lenders? We provide loans to individuals based on their credit score which has been boosted through this. The scores are artificially high and receive a loan, whereas they never should have received one based on their scoring. It messes with peer to peer lending as well, the individuals behind those loans are still the bad payers that they always were, despite the boosted score.

TL;DR It's cheaper for the individuals to boost their credit score and default on the next loan, compared to the goods they receive on which they default.

Has anyone been affected by boosted scores on the lender side?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on July 23, 2020, 10:16:10 AM
A rep from a tradeline company (not the 2 discussed on this thread) told me that for those who hit their lifetime AU limit on Barclays cards, sometimes asking for a new card number will reset the limit. He said they've seen a 50/50 success rate with that.

I've read through this whole thread, and I don't think I've actually read a confirmed instance of someone successfully resetting their Barclays AU limit. Seems like a legend. Has anyone actually successfully reset their Barclays limit? I would love to try and report my results to the group here, but I'm probably still 15 or so AU's away from the limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on July 23, 2020, 10:35:04 AM
Point of reference: Bank of America shut down all of my accounts, not just those I was selling tradelines on. This included a business account. Thankfully, I wasn't relying on any of them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 23, 2020, 11:05:07 AM
What are your thoughts about it distorting the risk for lenders? We provide loans to individuals based on their credit score which has been boosted through this. The scores are artificially high and receive a loan, whereas they never should have received one based on their scoring. It messes with peer to peer lending as well, the individuals behind those loans are still the bad payers that they always were, despite the boosted score.

TL;DR It's cheaper for the individuals to boost their credit score and default on the next loan, compared to the goods they receive on which they default.

Has anyone been affected by boosted scores on the lender side?

That would be very shortsighted of them to pay a bunch of money to boost their score, take on new debt, then default on that debt, resulting in an even lower score than ever (since the AU boost would be removed, and they'd have newly defaulted debt).

One of the best uses of boosting your credit score is to turn it around--boost it so you can get new credit, which you pay responsibly, and improve your credit. It sucks being in a hole credit score-wise and not being able to get out of it because you can't get anyone to issue you new credit to pay on time and show you're credit worthy.

Another really good use is to boost it temporarily to get a better rate on a big loan, such as a car or house purchase. In that case, that's not something one would purposefully willingly default on, typically.

Now you can argue that people with bad credit might make shortsighted, irresponsible moves, and that may be true, but I'd also posit that many who are looking to improve their credit are trying to be more responsible, and someone going to the effort to boost their score might, in fact, be a lower risk than their score indicates due to this. I don't know one way or the other, but it doesn't seem out of the realm of possibility to me.

Finally, if someone wants to scam money, there's much easier and cheaper ways. It seems hard to imagine someone paying 1k to get a 3-5k limit CC, run up that bill, default on it, and trash their credit more. I'm sure it happens, but I wouldn't think, and would hope, that most AU boosts don't go that way.

A rep from a tradeline company (not the 2 discussed on this thread) told me that for those who hit their lifetime AU limit on Barclays cards, sometimes asking for a new card number will reset the limit. He said they've seen a 50/50 success rate with that.

I've read through this whole thread, and I don't think I've actually read a confirmed instance of someone successfully resetting their Barclays AU limit. Seems like a legend. Has anyone actually successfully reset their Barclays limit? I would love to try and report my results to the group here, but I'm probably still 15 or so AU's away from the limit.

I've never heard it working.

Point of reference: Bank of America shut down all of my accounts, not just those I was selling tradelines on. This included a business account. Thankfully, I wasn't relying on any of them.

Weird. B of A shut down one card of mine, and one of my wife's, but we each have other cards with them, and bank accounts, that we all unaffected.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on July 23, 2020, 11:39:25 PM
Re "distorting the risk" of the borrower.  I've been seeing a lot of advertisements lately by one of the credit bureaus (forget which one, might be Equifax?) that try to lure customers to pay to have their credit score raised.  I believe it's guaranteed, although I usually don't pay much attention.  The thought that always goes through my mind, though, is "Oh seems like they don't like what piggybackers do, because they're not the ones making money from it".  I mean, how many ways are there to raise someone's score?  Their customers couldn't all have mistakes on their credit histories that they're are directing them how to correct.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 24, 2020, 10:04:17 AM
Does selling tradelines count as work for those who receive unemployment insurance? In many states, if you earn more than a certain amount per week and/or work more than a certain number of hours, you have to report it and it makes you ineligible for UI or your UI is reduced.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 24, 2020, 11:58:51 AM
Does selling tradelines count as work for those who receive unemployment insurance? In many states, if you earn more than a certain amount per week and/or work more than a certain number of hours, you have to report it and it makes you ineligible for UI or your UI is reduced.

The two companies recommended here send 1099-MISC's with your commissions in box 7 non-employee compensation.  Typically this is treated as you running a business and receiving business income which you would report on a Schedule C.  In this typical case, I would think that most states would consider it work income, since you pay self-employment taxes on that income (after subtracting for business expenses such as annual CC fees if you pay those on lines on which you sell TLs).

There is the option of considering the income to be hobby income, in which case you don't pay self-employment taxes but also don't get to subtract business expenses.  Hobby income is reported as Other Income on Schedule 1 line 8.  There is an IRS doc somewhere which lists the criteria for whether it's hobby income or business income; I think there are 8 or 9 criteria.

Whichever path you choose, I would choose the path that is most consistent with my situation; if it is ambiguous then I would be comfortable choosing whatever path is most tax advantageous.  However, I would also be consistent within a tax year - don't claim it as hobby income for purposes of UI and then claim it as business income when you file taxes.  I'd also be consistent from tax year to tax year if my situation were roughly the same from year to year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 24, 2020, 03:33:51 PM
A rep from a tradeline company (not the 2 discussed on this thread) told me that for those who hit their lifetime AU limit on Barclays cards, sometimes asking for a new card number will reset the limit. He said they've seen a 50/50 success rate with that.

I've read through this whole thread, and I don't think I've actually read a confirmed instance of someone successfully resetting their Barclays AU limit. Seems like a legend. Has anyone actually successfully reset their Barclays limit? I would love to try and report my results to the group here, but I'm probably still 15 or so AU's away from the limit.

I think it is a legend also.  I think there was some discussion of this earlier in the thread.  My experience did not work out but I didn't try too hard to product change or get a new card #.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on July 25, 2020, 09:10:10 AM
Point of reference: Bank of America shut down all of my accounts, not just those I was selling tradelines on. This included a business account. Thankfully, I wasn't relying on any of them.

Can also confirm this recently, last month or so: My wife was selling AU's on two BOA personal cards. Immediately after an AU add something triggered a security alert (locked out of her account, had to reset password, verify identity, etc.). End result was all her BOA personal credit cards, and a business credit card were shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 25, 2020, 01:26:02 PM
Point of reference: Bank of America shut down all of my accounts, not just those I was selling tradelines on. This included a business account. Thankfully, I wasn't relying on any of them.

Can also confirm this recently, last month or so: My wife was selling AU's on two BOA personal cards. Immediately after an AU add something triggered a security alert (locked out of her account, had to reset password, verify identity, etc.). End result was all her BOA personal credit cards, and a business credit card were shut down.

Interesting. My (B of A single card) closure was in the summer of 2017, about three years ago, so I wonder if they've changed their policy since then to shut down them all, or if they just didn't shut down all my things since I had 2 bank accounts, 2 mortgages, and multiple CCs with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on July 25, 2020, 04:04:28 PM
BOA shut down all my cards I did do trade lines on both BOA cards. I was closed in 2018 maybe March.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 25, 2020, 08:11:18 PM
So it seems that if you do tradelines on more than one BOA cards, eventually all your BOA credit cards will get shut down. So, it's wise to just use one BOA card for tradelines.  Has anyone had all their BOA accounts shutdown after using just one card for tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zap on July 25, 2020, 09:08:50 PM
So it seems that if you do tradelines on more than one BOA cards, eventually all your BOA credit cards will get shut down. So, it's wise to just use one BOA card for tradelines.  Has anyone had all their BOA accounts shutdown after using just one card for tradelines?
I have. I lost all 3 BOA cards that I had, and only one was being used for tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 26, 2020, 05:11:29 AM
So it seems that if you do tradelines on more than one BOA cards, eventually all your BOA credit cards will get shut down. So, it's wise to just use one BOA card for tradelines.  Has anyone had all their BOA accounts shutdown after using just one card for tradelines?
I have. I lost all 3 BOA cards that I had, and only one was being used for tradelines.
How many AUs did you have at any given time on that card?  How frequently were you removing and adding them?  Which tradeline company was it with?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zap on July 26, 2020, 05:50:28 AM
So it seems that if you do tradelines on more than one BOA cards, eventually all your BOA credit cards will get shut down. So, it's wise to just use one BOA card for tradelines.  Has anyone had all their BOA accounts shutdown after using just one card for tradelines?
I have. I lost all 3 BOA cards that I had, and only one was being used for tradelines.
How many AUs did you have at any given time on that card?  How frequently were you removing and adding them?  Which tradeline company was it with?
"Old" company.
No more than 2 at a time and probably no more than a dozen total tradelines over 18 months.
It had been maybe 6 months since my last add/remove when I was shut down.

One of my tradelines disputed the entry on their credit report. I'm sure that's probably what tipped off BOA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 26, 2020, 06:06:28 AM
So it seems that if you do tradelines on more than one BOA cards, eventually all your BOA credit cards will get shut down. So, it's wise to just use one BOA card for tradelines.  Has anyone had all their BOA accounts shutdown after using just one card for tradelines?
I have. I lost all 3 BOA cards that I had, and only one was being used for tradelines.
How many AUs did you have at any given time on that card?  How frequently were you removing and adding them?  Which tradeline company was it with?
"Old" company.

One of my tradelines disputed the entry on their credit report. I'm sure that's probably what tipped off BOA.

Ha! that could have been it.  Will you be trying to apply for more cards from then after some time passes?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zap on July 26, 2020, 06:15:37 AM
Ha! that could have been it.  Will you be trying to apply for more cards from then after some time passes?

Unknown. If I see a nice cash back offer, and I have the spend to qualify, maybe.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: goodlivin23 on July 28, 2020, 02:07:27 AM
Hi all,
Has anyone had any issues getting new cards? I requested 2 credit increases last May. Wanted to try to get some more cards but was denied by Citi and Barclays for having 'too many credit inquiries' on my account. How often do you wait between different credit line increase requests and trying to open up a new account? I have excellent credit. Thoughts? Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on July 28, 2020, 05:05:28 AM
Hi all,
Has anyone had any issues getting new cards? I requested 2 credit increases last May. Wanted to try to get some more cards but was denied by Citi and Barclays for having 'too many credit inquiries' on my account. How often do you wait between different credit line increase requests and trying to open up a new account? I have excellent credit. Thoughts? Thank you!
Yes, same experience here.  I got denied for Barclays and Capital One, and can't get any more credit increase on any card.  I think I need to sit and wait and maybe use the cards that are just sitting and not being used.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 31, 2020, 06:17:49 PM
On Aug 15, once again Old Company is opening enrollment for cards that are 6 months - 2 years in age with the following payouts:

Spoiler: show
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


Email them then (or just do a scheduled email now so you don't forget) with your card issuer, limit, opening date, statement date. They requested no emails to enroll cards before the 15th.

They had enrollment open for shorter cards about a year and four months ago, and a number of people saw significant sales on those cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on August 01, 2020, 03:28:39 AM
Trying to figure out what bank/institution services TD Back/TD Ameritrade, does anyone know?
Similar to Elan Financial servicing Fidelity.

Thanks in advance
John
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 01, 2020, 04:11:48 AM
On Aug 15, once again Old Company is opening enrollment for cards that are 6 months - 2 years in age with the following payouts:

Spoiler: show
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


Email them then (or just do a scheduled email now so you don't forget) with your card issuer, limit, opening date, statement date. They requested no emails to enroll cards before the 15th.

They had enrollment open for shorter cards about a year and four months ago, and a number of people saw significant sales on those cards.
Knowing that there is a lifetime AU limit on most cards, is it worth enrolling those cards that will only earn $25 per spot? Probably not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 01, 2020, 11:22:37 AM
Knowing that there is a lifetime AU limit on most cards, is it worth enrolling those cards that will only earn $25 per spot? Probably not.

From my understanding we only know of a lifetime AU limit on Barclays Cards, so those you might want to save for higher payouts. For all the other issuers it seems to be more a probability thing, depending on whether the AU itself flags their system, a periodic review of unusual AU activity, or doing too many adds in a short period of time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on August 01, 2020, 04:40:53 PM
Has anyone searched for their cards on the retail sites of any of the tradeline companies? I found my Discover cards listed and saw that they are being sold in the $800-$900 range. Obviously there's a LOT of overheard for the tradeline sales company and I'm sure customer acquisition costs are very expensive. I suspected that the amount that people pay was pretty high but I was honestly surprised at how much it actually is. I was thinking more in the range of $500. Crazy how much some quick credit repair costs!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 02, 2020, 08:21:19 AM
Does anyone know how to ask B of A to consolidate two credit cards to have just one card with the credit line of two cards?  I have two cards with them and since I only want to use one of the cards for  tradelines, what's the best way to do that, so it doesn't tick them off.  Is it better not to do that just in case it looks suspicious?  I don't want to get shut down. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on August 02, 2020, 10:12:36 AM
I don't think it looks suspicious. It just looks like you want to simplify.  Obviously you want to keep the total amount of credit line as it helps your credit score. It seems totally reasonable to me that anyone would request that.

If you feel you need an excuse to explain needing so much credit (which you haven't previously been using to a high percentage), you can think of some big expense coming up.  I one time asked for a CL increase and said I was getting ready to do some home remodeling. (which I was).

This fall my daughter is going to graduate school so if I request a CL increase and am asked why, I will use that as my reason.

If the CSR asks you, she most likely just needs to fill in a blank on her form. She is unlikely to dig.  (like in the grad school example, I don't think she'll ask me "do you mean tuition, room and board, or travel expenses?" Or in the home improvement example she didn't follow up with "Does your contractor accept cards? Or are you simply charging materials at Home Depot?" )
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 02, 2020, 11:26:29 AM
I don't think it looks suspicious. It just looks like you want to simplify.  Obviously you want to keep the total amount of credit line as it helps your credit score. It seems totally reasonable to me that anyone would request that.

If you feel you need an excuse to explain needing so much credit (which you haven't previously been using to a high percentage), you can think of some big expense coming up.  I one time asked for a CL increase and said I was getting ready to do some home remodeling. (which I was).

This fall my daughter is going to graduate school so if I request a CL increase and am asked why, I will use that as my reason.

If the CSR asks you, she most likely just needs to fill in a blank on her form. She is unlikely to dig.  (like in the grad school example, I don't think she'll ask me "do you mean tuition, room and board, or travel expenses?" Or in the home improvement example she didn't follow up with "Does your contractor accept cards? Or are you simply charging materials at Home Depot?" )
Thanks.  That's reassuring. I'll give them a call and use the large charge coming up if asked.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 02, 2020, 11:33:54 AM
Does anyone one have any kind of idea of chances getting an AU add on a card with a credit line over $30,000 vs a card between $15,000-$20,000? I'm wondering if there is a lesser chance of getting an AU add on a card that's $30,000 because it's more expensive. The pay commission difference is $50 between these two credit lines with the old company, so it's not huge, and I'm wondering if it's worth getting a credit line increase to over $30,000 if it means that a chance of getting an AU add drops significantly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 02, 2020, 01:02:43 PM
Does anyone one have any kind of idea of chances getting an AU add on a card with a credit line over $30,000 vs a card between $15,000-$20,000? I'm wondering if there is a lesser chance of getting an AU add on a card that's $30,000 because it's more expensive. The pay commission difference is $50 between these two credit lines with the old company, so it's not huge, and I'm wondering if it's worth getting a credit line increase to over $30,000 if it means that a chance of getting an AU add drops significantly.

I've got CLs all over the place, including the ranges you're asking about, and seem to get sales roughly equally across all my cards.  I also don't notice any difference across issuers in terms of AUs purchasing slots.

As to your other question, BofA has lately given me a hard time about moving CLs around between cards.  I haven't done it in a while, but last time I did they went over my income in a pretty detailed fashion, wanting to know not just how much I made in total but the breakdown of where it came from and how much from each source.  Maybe they did this because I reported being 49 and retired when I called.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 03, 2020, 09:31:48 AM
For BoA, just call and ask.  I had 4 cards.  I wanted all the credit on one card, and they moved most of it there.  We cancelled a "branded" card that was something like Major League Baseball that BoA doesn't consider "their" card and then for 2 cards, they dropped the limit to $5k.  The last card (oldest BoA card), it got the limits all moved over. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 03, 2020, 01:46:42 PM
Thanks, I'll call BoA and see what happens.  Curious if they will be pissed that I just got this card to get a bonus and now I'm canceling it. Also, I just called Discover to get CL increase and the computer immediately told me that I can't get more CL and I should call when my card is at least 12 months old.  I was hoping to use it for TL since they opened up for credit cards that are at least 6months old.  Not sure if it's even worth it if it just earns $25 (if it gets shut down it won't even earn much but if it's older with higher CL it will earn much more.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: imctkh on August 03, 2020, 02:44:25 PM
This may sound like a stupid question, but could someone clarify what everyone means by "The Old Company" and why no one is using the name of the company? I'm also wondering if there is a "New Company" that I should be switching to?

I have been with my tradeline company for several years, and haven't visited this thread in quite a while. Just wanted to make sure I'm up to date, but there are 85 pages of posts and it would take me forever to try to sort out what happened.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on August 03, 2020, 03:10:44 PM
This may sound like a stupid question, but could someone clarify what everyone means by "The Old Company" and why no one is using the name of the company? I'm also wondering if there is a "New Company" that I should be switching to?

I have been with my tradeline company for several years, and haven't visited this thread in quite a while. Just wanted to make sure I'm up to date, but there are 85 pages of posts and it would take me forever to try to sort out what happened.

If the names get published then search engines will pick it up and they'll probably get flooded with a million people trying to sign up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 04, 2020, 07:48:33 AM
The names are not secret, but you have to ask Joe in a PM for them (arebelspy).  In my humble opinion, the old company is vastly superior.  I get tons of AUs through them.  The new company has had a history of forgetting to pay for a while and the number of AUs I get through them is minuscule.  I have different cards with each company, but any new qualifying cards are going to the old company for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 04, 2020, 12:57:51 PM
On Aug 15, once again Old Company is opening enrollment for cards that are 6 months - 2 years in age with the following payouts:

Spoiler: show
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


Email them then (or just do a scheduled email now so you don't forget) with your card issuer, limit, opening date, statement date. They requested no emails to enroll cards before the 15th.

They had enrollment open for shorter cards about a year and four months ago, and a number of people saw significant sales on those cards.

They also seem to be open for older cards too, correct?  Just want to be sure I am not mis-reading the email somehow.  Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: greencooper on August 05, 2020, 12:59:01 AM
Could a kind person please PM me companies you guys recommend for this? Thank you :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 05, 2020, 01:16:50 AM
Could a kind person please PM me companies you guys recommend for this? Thank you :)

PM sent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on August 05, 2020, 11:19:35 AM
Just got my Discover login locked and they are requiring a 4506T verification.  Normally this is used for income verification purposes, but it's weird this is happening out of the blue so I'm pretty sure it's tied to authorized user additions.  Has anyone had this?  My limit on this card is around 35 K, so it's possible with the current economic conditions they are verifying income on higher limits.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on August 05, 2020, 12:52:10 PM
Just got my Discover login locked and they are requiring a 4506T verification.  Normally this is used for income verification purposes, but it's weird this is happening out of the blue so I'm pretty sure it's tied to authorized user additions.  Has anyone had this?  My limit on this card is around 35 K, so it's possible with the current economic conditions they are verifying income on higher limits.

This just happened to me too. The person I spoke with said "it's nothing you did; all accounts are subject to security review"... So I signed the form and put my card on hold with Old Company and am waiting to see what happens. My limit on that card is $14k for what it's worth.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 05, 2020, 05:27:20 PM
On Aug 15, once again Old Company is opening enrollment for cards that are 6 months - 2 years in age with the following payouts:

Spoiler: show
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


Email them then (or just do a scheduled email now so you don't forget) with your card issuer, limit, opening date, statement date. They requested no emails to enroll cards before the 15th.

They had enrollment open for shorter cards about a year and four months ago, and a number of people saw significant sales on those cards.

They also seem to be open for older cards too, correct?  Just want to be sure I am not mis-reading the email somehow.  Thanks!

Yes, good clarification; OldCompany is opening enrollment for all cards. They are just taking cards as young as six months old.

There are no restrictions on the age or limit as long as they are 6 months or older.

As has been documented in this thread, OldCompany seems to be the best Tradeline company in the business. NewCompany is good, but struggles with customer support and their payments take much longer to receive. Everything related to that with OldCompany is automated.

Personally, I'd be switching any cards you have for tradelining to OldCompany, if you aren't already there. IMO, anyone with cards for tradelining should be enrolled with them. And since they only open up signups for cardholders once a year or so, in the last few years, it's worth jumping on and getting your cards enrolled when they do.

Also, clarification: the owner told me you can email them now with your card issuer, limit, opening date, statement date. They will start enrolling the cards on the 15th.

Feel free to PM me if you need a referral. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 05, 2020, 07:51:38 PM
On Aug 15, once again Old Company is opening enrollment for cards that are 6 months - 2 years in age with the following payouts:

Spoiler: show
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


Email them then (or just do a scheduled email now so you don't forget) with your card issuer, limit, opening date, statement date. They requested no emails to enroll cards before the 15th.

They had enrollment open for shorter cards about a year and four months ago, and a number of people saw significant sales on those cards.

They also seem to be open for older cards too, correct?  Just want to be sure I am not mis-reading the email somehow.  Thanks!

Yes, good clarification; OldCompany is opening enrollment for all cards. They are just taking cards as young as six months old.

There are no restrictions on the age or limit as long as they are 6 months or older.

As has been documented in this thread, OldCompany seems to be the best Tradeline company in the business. NewCompany is good, but struggles with customer support and their payments take much longer to receive. Everything related to that with OldCompany is automated.

Personally, I'd be switching any cards you have for tradelining to OldCompany, if you aren't already there. IMO, anyone with cards for tradelining should be enrolled with them. And since they only open up signups for cardholders once a year or so, in the last few years, it's worth jumping on and getting your cards enrolled when they do.

Also, clarification: the owner told me you can email them now with your card issuer, limit, opening date, statement date. They will start enrolling the cards on the 15th.

Feel free to PM me if you need a referral. :)
What do you mean by "they only open up sign ups for cardholders once a year or so"? I thought you could join any time as long as you have cards they accept.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 05, 2020, 08:28:25 PM
Yes, that's true, you can join any time if you have cards they accept. However, they change the requirements of what they accept.

So you can join any time if you have very old/high limit cards. For a time they allowed enrollment only for cards of limit  20k+ and 10+ years in age (must meet both requirements). Then for like six months they weren't onboarding any cards, regardless of age/limit.

And then sometimes they open enrollment to everything, to restock their card inventory.

In 2019 the enrollment was open to all cards for about a month in March, and now it's open again here in Aug 2020. When they get enough cards, they shut down onboarding new ones for a long time, excepting if you have very high limit/very old ones.

Right now they're opening enrollment for all cards 6+ months old, with no limit. That's what I meant by they only open enrollment about once a year--completely open enrollment with broad eligibility.

Thus, if you aren't using them, it's a great time to switch all your cards to them. I imagine they'll shut down enrollment again after a few weeks, as they did last time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 06, 2020, 01:07:20 AM
Yes, that's true, you can join any time if you have cards they accept. However, they change the requirements of what they accept.

So you can join any time if you have very old/high limit cards. For a time they allowed enrollment only for cards of limit  20k+ and 10+ years in age (must meet both requirements). Then for like six months they weren't onboarding any cards, regardless of age/limit.

And then sometimes they open enrollment to everything, to restock their card inventory.

In 2019 the enrollment was open to all cards for about a month in March, and now it's open again here in Aug 2020. When they get enough cards, they shut down onboarding new ones for a long time, excepting if you have very high limit/very old ones.

Right now they're opening enrollment for all cards 6+ months old, with no limit. That's what I meant by they only open enrollment about once a year--completely open enrollment with broad eligibility.

Thus, if you aren't using them, it's a great time to switch all your cards to them. I imagine they'll shut down enrollment again after a few weeks, as they did last time.
Thanks for the explanation. I signed up in November 2019 with cards <20K but about 8yrs old, that's why I though they were always open to older cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wudged on August 06, 2020, 05:11:24 AM
Just got my Discover login locked and they are requiring a 4506T verification.  Normally this is used for income verification purposes, but it's weird this is happening out of the blue so I'm pretty sure it's tied to authorized user additions.  Has anyone had this?  My limit on this card is around 35 K, so it's possible with the current economic conditions they are verifying income on higher limits.

This just happened to me too. The person I spoke with said "it's nothing you did; all accounts are subject to security review"... So I signed the form and put my card on hold with Old Company and am waiting to see what happens. My limit on that card is $14k for what it's worth.

Happened to me also. I assumed they would see the self employment income and shut down my card but they lifted the restriction and my login works again. I put the card on hold for a bit anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 06, 2020, 06:28:26 AM
I have 6 Barclay and 2 Discover cards that are just over 6 months old. I'm deliberating whether it's worth using them for TL already or better wait until they age and can earn better commission? Barclay has lifetime AU and Discover might get shutdown before it makes any decent amount. What would you do?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 06, 2020, 07:57:42 AM
I have 6 Barclay and 2 Discover cards that are just over 6 months old. I'm deliberating whether it's worth using them for TL already or better wait until they age and can earn better commission? Barclay has lifetime AU and Discover might get shutdown before it makes any decent amount. What would you do?

I would wait if I were you, especially on the Barclays cards.  6 BC cards - wow!  It would let them age and then they will start printing money for you.  Best of luck with whatever you decide.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 06, 2020, 09:20:20 AM
I have 6 Barclay and 2 Discover cards that are just over 6 months old. I'm deliberating whether it's worth using them for TL already or better wait until they age and can earn better commission? Barclay has lifetime AU and Discover might get shutdown before it makes any decent amount. What would you do?

I would wait if I were you, especially on the Barclays cards.  6 BC cards - wow!  It would let them age and then they will start printing money for you.  Best of luck with whatever you decide.
Thanks. I think I'll wait.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 06, 2020, 09:53:26 AM
I have 6 Barclay and 2 Discover cards that are just over 6 months old. I'm deliberating whether it's worth using them for TL already or better wait until they age and can earn better commission? Barclay has lifetime AU and Discover might get shutdown before it makes any decent amount. What would you do?

I would wait if I were you, especially on the Barclays cards.  6 BC cards - wow!  It would let them age and then they will start printing money for you.  Best of luck with whatever you decide.
Thanks. I think I'll wait.

Yes, definitely wait on the Barclays cards. I'm curious though, how did you open so many Barclays cards in such a short period of time? Or maybe i misread your post. I thought you had to wait at least 6 months or so between Barclays cards openings, and even then, I'd imagine they wouldn't be so inclined to just continue opening cards for you unless you have good utilization on your existing cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 06, 2020, 10:30:57 AM
I have 6 Barclay and 2 Discover cards that are just over 6 months old. I'm deliberating whether it's worth using them for TL already or better wait until they age and can earn better commission? Barclay has lifetime AU and Discover might get shutdown before it makes any decent amount. What would you do?

I would wait if I were you, especially on the Barclays cards.  6 BC cards - wow!  It would let them age and then they will start printing money for you.  Best of luck with whatever you decide.
Thanks. I think I'll wait.

Yes, definitely wait on the Barclays cards. I'm curious though, how did you open so many Barclays cards in such a short period of time? Or maybe i misread your post. I thought you had to wait at least 6 months or so between Barclays cards openings, and even then, I'd imagine they wouldn't be so inclined to just continue opening cards for you unless you have good utilization on your existing cards.
OK, so I totally lied after I double-checked. I have 5 cards, 2 under my name and 3 under my spouse.  My cards were opened in 12/19 and 05/20 and his 11/19, 05/20 and 06/20 (BTW, this one is weird because he got denied but then they send the card).  So I really only have 2 cards from Barclay ready for TL.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on August 06, 2020, 11:08:55 AM
I have 6 Barclay and 2 Discover cards that are just over 6 months old. I'm deliberating whether it's worth using them for TL already or better wait until they age and can earn better commission? Barclay has lifetime AU and Discover might get shutdown before it makes any decent amount. What would you do?

I would wait if I were you, especially on the Barclays cards.  6 BC cards - wow!  It would let them age and then they will start printing money for you.  Best of luck with whatever you decide.
Thanks. I think I'll wait.

Yes, definitely wait on the Barclays cards. I'm curious though, how did you open so many Barclays cards in such a short period of time? Or maybe i misread your post. I thought you had to wait at least 6 months or so between Barclays cards openings, and even then, I'd imagine they wouldn't be so inclined to just continue opening cards for you unless you have good utilization on your existing cards.
OK, so I totally lied after I double-checked. I have 5 cards, 2 under my name and 3 under my spouse.  My cards were opened in 12/19 and 05/20 and his 11/19, 05/20 and 06/20 (BTW, this one is weird because he got denied but then they send the card).  So I really only have 2 cards from Barclay ready for TL.

You might want to just enroll one card with the Old Company just to get your foot in the door. You can wait for the Barclays cards to hit 2 years at which point it goes from $25-50 to $150-175. Once you've got your first card enrolled its a simple matter to just email them the details of an additional card you want to add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 06, 2020, 01:47:17 PM
I am glad to hear the old company is taking new cards. I have a tradelines company that I have worked with for 3 years, pm me if you want more info he takes 2 year old cards or older. Likes high limits. Pays well and quickly. I probably should not post his email but it is [Mod Edit: Redacted]. I dont even want a referal fee, just to get forum members on board as i was given the same opportunity 3 years ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 06, 2020, 02:59:55 PM
I am glad to hear the old company is taking new cards. I have a tradelines company that I have worked with for 3 years, pm me if you want more info he takes 2 year old cards or older. Likes high limits. Pays well and quickly. I probably should not post his email but it is [Mod Edit: Redacted]. I dont even want a referal fee, just to get forum members on board as i was given the same opportunity 3 years ago.
Ohh, I'm already with the old and new company, so I got my foot in the door :).  Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 07, 2020, 05:40:57 AM
I am glad to hear the old company is taking new cards. I have a tradelines company that I have worked with for 3 years, pm me if you want more info he takes 2 year old cards or older. Likes high limits. Pays well and quickly. I probably should not post his email but it is [Mod Edit: Redacted]. I dont even want a referal fee, just to get forum members on board as i was given the same opportunity 3 years ago.

Without an "ok" from Joe, I wouldn't touch them with a 10 foot pole.  I put some cards with a company not approved by arebelspy maybe a year and a half ago.  One AU paid for the tradeline with a stolen credit card and of course I was paid nothing.  I pulled all cards from them.

Stick with approved companies if you don't want problems.  If you've been paying attention, other companies have shut down, put OUR card info out on the web or been served with fraud charges.  I don't need that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 07, 2020, 05:57:23 AM
But as I stated I have been with this company for 3 years car jack. So none of those things you have mentioned has happened. Furthermore on my young cards or lower limit cards I get paid 75 to 150
Per AU. So the new company and the old company are not the only game in town FYI.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on August 07, 2020, 08:00:01 AM
But as I stated I have been with this company for 3 years car jack. So none of those things you have mentioned has happened. Furthermore on my young cards or lower limit cards I get paid 75 to 150
Per AU. So the new company and the old company are not the only game in town FYI.

Can you provide any of the info Joe has about your company? Like how they verify identity and maintain data security?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 07, 2020, 08:25:12 AM
I do not represent the company. If you have questions as to how the company operates, you can ask at the email I gave you. I know Joe vetted the companies that he recommended. I am recommending based on my 3 year experience.
I have not vetted anything.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 07, 2020, 09:31:54 AM
1) Please don't spam. Removing links, feel free to PM poster if you want their recommendation.

2) I'm aware of the company, and would not use them.

3) They haven't existed for three years. I'm not sure why you're claiming they have, and that you've been with them that long.

4) They are known for spamming/shilling on these forums, including reaching out to people via random PM spam, and having third parties come shill for them. If you hadn't been around awhile, this would seem similar.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 07, 2020, 11:56:14 AM
You are right I looked it up first time I was paid by them was 04.12.2018 so 2 years and 5 months .
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 07, 2020, 12:42:54 PM
Closure data point.

I had two USBank cards shut down.

The lines were approaching five years old.  The letter from USBank said "The pattern of adding and removing authorized users on your accounts poses a risk to the bank."  The letter and the closure were effective July 31.

They were with New Company from 1/2017 through 6/2019, then with Old Company from 7/2019 to now.  I had a total of 18 AUs with New Company and 27 AUs with Old Company across these two cards.  I never had more than three AUs on either card at any one time.

I followed all recommendations from both New Company and Old Company.  Although it is disappointing, it is not surprising and I certainly expected this to happen at some point.

I still have little to no need to use credit cards, and I still have twelve credit cards from nine other issuers, and I am comfortable with the ongoing risk.  So I plan to (a) continue selling on my other cards with Old Company, (b) age a couple of cards and enroll them when they get old enough, and (c) try to get more USBank credit cards for either SUBs or piggybacking at some point in the future.

Happy to give more details or answer questions although I may decline to answer some types of questions to maintain my privacy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Barben on August 07, 2020, 08:01:16 PM
Hey, I haven't been around a ton lately, but I've been having serious payment problems with New Company and wanted to lurk to see if others were as well, just to see ARS's note about Old Company opening up on the 15th. 

I'd love to switch everything over there but I don't actually know who Old Company is.  If anyone could hit me up with the name via PM I'd be eternally grateful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 07, 2020, 08:09:20 PM
Hey, I haven't been around a ton lately, but I've been having serious payment problems with New Company and wanted to lurk to see if others were as well, just to see ARS's note about Old Company opening up on the 15th. 

I'd love to switch everything over there but I don't actually know who Old Company is.  If anyone could hit me up with the name via PM I'd be eternally grateful.
Yeah, that's the big drawback with new company. Payments take forever. To my knowledge, everyone has always been paid, but it's a pain.

Old company I've never heard of anyone having issues. Payments are all automated.

I'll PM you.

Anyone else needs the info, feel free to send me a PM. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 11, 2020, 03:03:08 AM
I know there is an extremely high risk of getting shut down by Chase but what if you only added one AU and then un-enrolled the card?  Would you risk it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 11, 2020, 06:05:48 AM
I know there is an extremely high risk of getting shut down by Chase but what if you only added one AU and then un-enrolled the card?  Would you risk it?

For at most a couple hundred bucks? I mean, your odds of getting shut down for one AU are extremely small, but why risk it for such a small return? If you value your Chase cards, I wouldn't. I had 3 of mine enrolled and made $1375 on them before they shut me down. I personally didn't care about the cards I had, so it wasn't a big loss to me when they closed my accounts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 11, 2020, 07:38:47 AM
I know there is an extremely high risk of getting shut down by Chase but what if you only added one AU and then un-enrolled the card?  Would you risk it?

For at most a couple hundred bucks? I mean, your odds of getting shut down for one AU are extremely small, but why risk it for such a small return? If you value your Chase cards, I wouldn't. I had 3 of mine enrolled and made $1375 on them before they shut me down. I personally didn't care about the cards I had, so it wasn't a big loss to me when they closed my accounts.
Because if the risk is low I don't mind getting $250.  To me that's not a small amount.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 11, 2020, 09:07:33 AM
When I first started selling tradelines in 2016 I sold a spot or two on my Chase cards, then decided it wasn't worth getting them all shut down, and stopped.

So yes, you can sell a few then stop, but there is always that risk. Chase seems to shut down very infrequently (I've heard more Capital One, Discover, B of A, etc.), but when they do, it's all of them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 11, 2020, 09:12:04 AM
I know there is an extremely high risk of getting shut down by Chase but what if you only added one AU and then un-enrolled the card?  Would you risk it?

For at most a couple hundred bucks? I mean, your odds of getting shut down for one AU are extremely small, but why risk it for such a small return? If you value your Chase cards, I wouldn't. I had 3 of mine enrolled and made $1375 on them before they shut me down. I personally didn't care about the cards I had, so it wasn't a big loss to me when they closed my accounts.
Because if the risk is low I don't mind getting $250.  To me that's not a small amount.
I think that depends. We racked up roughly 500K UR points in the last 10 months, which is worth about $7500 in travel and/or cash back. Even selling a couple spots wasn't worth the risk for us.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 11, 2020, 10:13:57 AM
I know there is an extremely high risk of getting shut down by Chase but what if you only added one AU and then un-enrolled the card?  Would you risk it?

For at most a couple hundred bucks? I mean, your odds of getting shut down for one AU are extremely small, but why risk it for such a small return? If you value your Chase cards, I wouldn't. I had 3 of mine enrolled and made $1375 on them before they shut me down. I personally didn't care about the cards I had, so it wasn't a big loss to me when they closed my accounts.
Because if the risk is low I don't mind getting $250.  To me that's not a small amount.
I think that depends. We racked up roughly 500K UR points in the last 10 months, which is worth about $7500 in travel and/or cash back. Even selling a couple spots wasn't worth the risk for us.
I will never rack up that much.  I don't know how. Even when I got sign up bonus etc, the most I had was 160000 and I could only get one one ticket for that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 11, 2020, 10:24:18 AM
I know there is an extremely high risk of getting shut down by Chase but what if you only added one AU and then un-enrolled the card?  Would you risk it?

For at most a couple hundred bucks? I mean, your odds of getting shut down for one AU are extremely small, but why risk it for such a small return? If you value your Chase cards, I wouldn't. I had 3 of mine enrolled and made $1375 on them before they shut me down. I personally didn't care about the cards I had, so it wasn't a big loss to me when they closed my accounts.
Because if the risk is low I don't mind getting $250.  To me that's not a small amount.
I think that depends. We racked up roughly 500K UR points in the last 10 months, which is worth about $7500 in travel and/or cash back. Even selling a couple spots wasn't worth the risk for us.
I will never rack up that much.  I don't know how. Even when I got sign up bonus etc, the most I had was 160000 and I could only get one one ticket for that.

If you have the CSR card those 160K points are still worth $2400 in travel/cash back. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 11, 2020, 11:06:14 AM
I know there is an extremely high risk of getting shut down by Chase but what if you only added one AU and then un-enrolled the card?  Would you risk it?

For at most a couple hundred bucks? I mean, your odds of getting shut down for one AU are extremely small, but why risk it for such a small return? If you value your Chase cards, I wouldn't. I had 3 of mine enrolled and made $1375 on them before they shut me down. I personally didn't care about the cards I had, so it wasn't a big loss to me when they closed my accounts.
Because if the risk is low I don't mind getting $250.  To me that's not a small amount.
I think that depends. We racked up roughly 500K UR points in the last 10 months, which is worth about $7500 in travel and/or cash back. Even selling a couple spots wasn't worth the risk for us.
I will never rack up that much.  I don't know how. Even when I got sign up bonus etc, the most I had was 160000 and I could only get one one ticket for that.

If you have the CSR card those 160K points are still worth $2400 in travel/cash back. 
I have CSP and I already used up those points. So now it's not making me much.  There is no way I will rack up any significant amount of points any more. How do you get 500K points?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 11, 2020, 11:08:58 AM
i have had good luck adding  chase  so far, knock wood. One or 2 users, never more .
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on August 11, 2020, 12:18:22 PM
any data points of getting various cards shutdown and whether the points/rewards were still redeemable afterwards and with which providers?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 11, 2020, 02:23:06 PM
any data points of getting various cards shutdown and whether the points/rewards were still redeemable afterwards and with which providers?

If the points/rewards program is an airline or hotel points type of thing like Delta Skymiles or Marriott Rewards, those are credited monthly to your rewards program with the airline or hotel and are safe because the are separate from the credit card account.

If the points/rewards program is associated with the card like Chase Ultimate Rewards or Citi Thank You Points *and* all of your cards with that issuer which are connected with the credit card reward program are closed, then they are probably lost.  You can try to call and appeal, but if you're doing anything (piggybacking or otherwise) they don't like and they shut down your card, I think it's going to be a fairly steep uphill battle.  I think I may have seen a data point here or there where someone was given a grace period to use them up, but don't quote me on that.

I think the standard recommendation is to not piggyback on cards that you would mind losing.  So if you would mind losing your points, don't piggyback that card, and possibly not cards with that issuer if the issuer is Chase.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 11, 2020, 04:53:38 PM
I know there is an extremely high risk of getting shut down by Chase but what if you only added one AU and then un-enrolled the card?  Would you risk it?

For at most a couple hundred bucks? I mean, your odds of getting shut down for one AU are extremely small, but why risk it for such a small return? If you value your Chase cards, I wouldn't. I had 3 of mine enrolled and made $1375 on them before they shut me down. I personally didn't care about the cards I had, so it wasn't a big loss to me when they closed my accounts.
Because if the risk is low I don't mind getting $250.  To me that's not a small amount.
I think that depends. We racked up roughly 500K UR points in the last 10 months, which is worth about $7500 in travel and/or cash back. Even selling a couple spots wasn't worth the risk for us.
I will never rack up that much.  I don't know how. Even when I got sign up bonus etc, the most I had was 160000 and I could only get one one ticket for that.

If you have the CSR card those 160K points are still worth $2400 in travel/cash back. 
I have CSP and I already used up those points. So now it's not making me much.  There is no way I will rack up any significant amount of points any more. How do you get 500K points?
2 player mode we both fell back below 5/24 earlier this year. Approved for a couple Chase Biz cards then a couple personal cards. I also have Chase Ink which gives me 5% cash back at office supple stores. I've hit up multiple Staples and OD/OM VGC deals over the past 10 months.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 11, 2020, 06:05:13 PM
any data points of getting various cards shutdown and whether the points/rewards were still redeemable afterwards and with which providers?

Discover mailed me a check a few months after they closed my card.  It was under a buck so I didn't care either way :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 11, 2020, 07:47:03 PM
I know there is an extremely high risk of getting shut down by Chase but what if you only added one AU and then un-enrolled the card?  Would you risk it?

For at most a couple hundred bucks? I mean, your odds of getting shut down for one AU are extremely small, but why risk it for such a small return? If you value your Chase cards, I wouldn't. I had 3 of mine enrolled and made $1375 on them before they shut me down. I personally didn't care about the cards I had, so it wasn't a big loss to me when they closed my accounts.
Because if the risk is low I don't mind getting $250.  To me that's not a small amount.
I think that depends. We racked up roughly 500K UR points in the last 10 months, which is worth about $7500 in travel and/or cash back. Even selling a couple spots wasn't worth the risk for us.
I will never rack up that much.  I don't know how. Even when I got sign up bonus etc, the most I had was 160000 and I could only get one one ticket for that.

If you have the CSR card those 160K points are still worth $2400 in travel/cash back. 
I have CSP and I already used up those points. So now it's not making me much.  There is no way I will rack up any significant amount of points any more. How do you get 500K points?
2 player mode we both fell back below 5/24 earlier this year. Approved for a couple Chase Biz cards then a couple personal cards. I also have Chase Ink which gives me 5% cash back at office supple stores. I've hit up multiple Staples and OD/OM VGC deals over the past 10 months.
What's OD/OM VGC deal?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 11, 2020, 08:08:52 PM
What's OD/OM VGC deal?

Based on acronyms, Office Depot/Office Max Vanilla(and/or Visa) Gift Card. Probably can get more info googling or looking at reddit for current churning info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 12, 2020, 03:24:20 AM
What's OD/OM VGC deal?

Based on acronyms, Office Depot/Office Max Vanilla(and/or Visa) Gift Card. Probably can get more info googling or looking at reddit for current churning info.
Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 12, 2020, 07:01:33 AM
What's OD/OM VGC deal?

Based on acronyms, Office Depot/Office Max Vanilla(and/or Visa) Gift Card. Probably can get more info googling or looking at reddit for current churning info.
Thanks.
What Arebelspy said. As to further not hijack this thread a good source is Doctor Of Credit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 14, 2020, 06:11:29 PM
PSA: Reminder gang to enroll your cards if you haven't yet!

I did a credit limit increase on 2 Barclays cards.  Both approved, very simple online request.  In the past, I remember BC being more stingy / strict.  Not sure if I got lucky or if they have become more lax.  If you are on the cusp of one of the brackets, you might want to do the same.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 14, 2020, 06:32:57 PM
PSA: Reminder gang to enroll your cards if you haven't yet!

I did a credit limit increase on 2 Barclays cards.  Both approved, very simple online request.  In the past, I remember BC being more stingy / strict.  Not sure if I got lucky or if they have become more lax.  If you are on the cusp of one of the brackets, you might want to do the same.

Did they pull your credit score? Also did you have high utilization on these cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 14, 2020, 06:39:03 PM
Did they pull your credit score? Also did you have high utilization on these cards?

From Credit Karma, it looks like they did a soft pull.  (I could be wrong but I think they used to do a hard pull).

Very low utilization on both.  $0 on one and $50/monthly charge on the second.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on August 14, 2020, 07:08:45 PM
Does the old company no longer accept USAA? I don't see it on the list for open enrollment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 14, 2020, 08:00:03 PM
Does the old company no longer accept USAA? I don't see it on the list for open enrollment.

They do.

Cards they're taking:
Spoiler: show

Synch Bank
Usbank
Citibank
Discover
Fifth Third Bank
BBVA
USAA
Bank of America
Chase
Wells Fargo
NFCU
PNC
TD Bank
Fidelity
Citizen Bank
Capital One
Elan
Barclays

Also for other lenders i.e. local credit union or any other bank they will verify if they report authorized user data and if so, take them as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 14, 2020, 08:06:56 PM
As I mentioned earlier this month, Old Company is opening enrollments tomorrow, the 15th.

I'd recommend contacting them ASAP, as enrollment might only be open a short time.

Last time it was fully opened was March 2019, and since then only very high limit/old cards were accepted (and sometimes not even then).

Right now there are no restrictions on the age or limit of cards as long as they are 6 months or older. See the previous post for what card issuers they take.

IMO, OldCompany is where everyone tradelining should have their cards. One of only 2 that I think puts in the right AU verification methods (time and money), and much better than the other option in terms of customer support and prompt payments (automated, so always on time). Their sales are very high as well, and trending up (due to a marketing company they hired to help find AUs), thus the request for more cards.

If you have cards enrolled elsewhere, or have been thinking about tradelineing, now is the time for sure. A lot of people PM me throughout the year and it sucks to be like "well, the good ones aren't enrolling, but you can roll the dice with some bad companies", so I'm excited they finally are able to enroll new cards again. :)

Feel free to PM me if you need a referral.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 15, 2020, 06:55:03 AM
Does Discover have a lifetime AU max?  Does anyone know?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 15, 2020, 12:46:50 PM
I just tried remove AU from my BOA card and the customer service agent said she couldn't remove it for some reason. She transferred me to the dispute dept. for some reason.  I hung up and will call another day again.  Should I be concerned or was she just incompetent?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nickelwise on August 15, 2020, 01:08:09 PM
Does the old company no longer accept USAA? I don't see it on the list for open enrollment.

They do.

Cards they're taking:
Spoiler: show

Synch Bank
Usbank
Citibank
Discover
Fifth Third Bank
BBVA
USAA
Bank of America
Chase
Wells Fargo
NFCU
PNC
TD Bank
Fidelity
Citizen Bank
Capital One
Elan
Barclays

Also for other lenders i.e. local credit union or any other bank they will verify if they report authorized user data and if so, take them as well.


I just asked Old Company a couple weeks ago for an updated list of accepted issuers, and they gave me a much shorter one than this. They specifically stated that they are not accepting Wells Fargo at all. Where is this list from? Do I just have the wrong contact over there?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 15, 2020, 01:15:53 PM
I just tried remove AU from my BOA card and the customer service agent said she couldn't remove it for some reason. She transferred me to the dispute dept. for some reason.  I hung up and will call another day again.  Should I be concerned or was she just incompetent?

That's weird. I'd just try again.

I just asked Old Company a couple weeks ago for an updated list of accepted issuers, and they gave me a much shorter one than this. They specifically stated that they are not accepting Wells Fargo at all. Where is this list from? Do I just have the wrong contact over there?

It does change all the time.

This is a list the owner gave me three days ago. But Wells Fargo was not in a newsletter email they sent yesterday. So it's possible he was copy/pasting off an old list?

Or it's possible they added it for this open enrollment (but were not taking it a few weeks ago). Bottom line, I'm not sure, but probably wouldn't hurt to check again. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on August 15, 2020, 02:38:31 PM
Point of reference: Bank of America shut down all of my accounts, not just those I was selling tradelines on. This included a business account. Thankfully, I wasn't relying on any of them.

Can also confirm this recently, last month or so: My wife was selling AU's on two BOA personal cards. Immediately after an AU add something triggered a security alert (locked out of her account, had to reset password, verify identity, etc.). End result was all her BOA personal credit cards, and a business credit card were shut down.

Tangential related warning if relevant, the net result on her credit score for those cards being closed seems to be about a 50 point ding. One of the closed cards was a bit older, and as a result her average age of credit now probably seems younger. The dip in credit score  is not at all the end of the world for us, more a slight chuckle/annoyance but thought it might be worth pointing out this happened as a warning for anyone who it might have larger impact on. Always one more thing to consider
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 15, 2020, 03:39:30 PM
@Catica I don’t know if discover has a hard limit on AU. I do know I have one and I must have put 30 or more on there. When they send out the card it had a number on it that seems to be the number of AU added as it goes up on each card. If I am correct about that then I have had 40 users on discover.
The discover is my oldest card and did tradelines on it from 3 different companies and only 2 to 3 users at a time rarely 4 users.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 15, 2020, 03:49:00 PM
Tangential related warning if relevant, the net result on her credit score for those cards being closed seems to be about a 50 point ding. One of the closed cards was a bit older, and as a result her average age of credit now probably seems younger. The dip in credit score  is not at all the end of the world for us, more a slight chuckle/annoyance but thought it might be worth pointing out this happened as a warning for anyone who it might have larger impact on. Always one more thing to consider

don't closed cards remain on your credit report for 10 years, even after closing?

So the 50 point ding may be more related to something like a drop in total available credit or a higher utilization ratio maybe?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 15, 2020, 04:06:01 PM
Closure data point.

I had two USBank cards shut down.

The lines were approaching five years old.  The letter from USBank said "The pattern of adding and removing authorized users on your accounts poses a risk to the bank."  The letter and the closure were effective July 31.

They were with New Company from 1/2017 through 6/2019, then with Old Company from 7/2019 to now.  I had a total of 18 AUs with New Company and 27 AUs with Old Company across these two cards.  I never had more than three AUs on either card at any one time.

I followed all recommendations from both New Company and Old Company.  Although it is disappointing, it is not surprising and I certainly expected this to happen at some point.

I still have little to no need to use credit cards, and I still have twelve credit cards from nine other issuers, and I am comfortable with the ongoing risk.  So I plan to (a) continue selling on my other cards with Old Company, (b) age a couple of cards and enroll them when they get old enough, and (c) try to get more USBank credit cards for either SUBs or piggybacking at some point in the future.

Happy to give more details or answer questions although I may decline to answer some types of questions to maintain my privacy.

Further update, I received a phone call and an email from USBank reaching out to review my USBank checking account activity.  The CSR seemed mystified as to why I was referrred to their department for review, and I didn't express my opinion that it was due to my piggybacking activity on my USBank credit cards.  Anyway, he said that generally they reviewed to see if customers were using personal checking accounts for business activity, and the flagged activity clearly was not that (it was just general cash flow and paying my kids' college tuition bills and such).  He said he'd make some notes and close out the referral.

(My commissions from piggybacking go into a different checking account.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 15, 2020, 07:40:46 PM
@Catica I don’t know if discover has a hard limit on AU. I do know I have one and I must have put 30 or more on there. When they send out the card it had a number on it that seems to be the number of AU added as it goes up on each card. If I am correct about that then I have had 40 users on discover.
The discover is my oldest card and did tradelines on it from 3 different companies and only 2 to 3 users at a time rarely 4 users.
Thanks.  I think I'll let them age a bit.  It doesn't seem worth getting $25 per spot.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on August 15, 2020, 08:21:51 PM
Point of reference: Bank of America shut down all of my accounts, not just those I was selling tradelines on. This included a business account. Thankfully, I wasn't relying on any of them.

Can also confirm this recently, last month or so: My wife was selling AU's on two BOA personal cards. Immediately after an AU add something triggered a security alert (locked out of her account, had to reset password, verify identity, etc.). End result was all her BOA personal credit cards, and a business credit card were shut down.

Tangential related warning if relevant, the net result on her credit score for those cards being closed seems to be about a 50 point ding. One of the closed cards was a bit older, and as a result her average age of credit now probably seems younger. The dip in credit score  is not at all the end of the world for us, more a slight chuckle/annoyance but thought it might be worth pointing out this happened as a warning for anyone who it might have larger impact on. Always one more thing to consider

I bet her score won't be low for long. Check again in two months and it will be back up where it was.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: HBFIRE on August 16, 2020, 01:50:22 PM
Just got my Discover login locked and they are requiring a 4506T verification.  Normally this is used for income verification purposes, but it's weird this is happening out of the blue so I'm pretty sure it's tied to authorized user additions.  Has anyone had this?  My limit on this card is around 35 K, so it's possible with the current economic conditions they are verifying income on higher limits.

Just an update here, account access is back open (card was never deactivated).   Just took a few days to process.  Next thing I did was request a limit increase obviously.  Denied for that haha.  It's a good card for AU use as it's over 30 K limit, so glad it's still active. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PVkcin on August 16, 2020, 02:48:47 PM
I am thinking of starting tradelines but have never done it before. I have a Chase card that would be the best payout - but I also realize they have a higher closure rate.  They also mentioned that if I have other Chase cards they could end up closing all my chase cards.

If they end up closing my chase cards, does anybody know if I would still be eligible to sign back up for them in the future and get a signup bonus? Even if I waited 2 years to signup again, would I be approved or am I "banned for life?"

(I'm trying to figure out if it's worth enrolling a card)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 16, 2020, 03:38:32 PM
Chase actually seems to have a very low closure rate, but when they do, they blacklist you. No new cards, close all cards. Not worth it to me, but YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 18, 2020, 06:58:49 AM
What's the best way to ask for credit line increase?  Online or call?  I'm specifically interested in Barclays.  When I tried doing it online I got denied and it was a hard pull (showed up in Credit Karma, I'm not sure if it means hard or soft pull actually).  If I was to call is it up to the person I'm talking to or are they going to do the same thing I've done myself online?  Anyone know?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on August 18, 2020, 08:17:23 AM
The customer service rep you talk to when you call just presses the same CLI button as you do.  They have no higher decision making authority.
If you apply for a CLI and get denied, you can talk to someone who may actually do something about it.  To do that, search online for something called a 'recon number' for your particular credit card.  Recon stands for reconsideration.  In that case, you may plead your case for a CLI.  These recon numbers are usually shared on credit-specific sites and forums.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 18, 2020, 09:08:17 AM
The customer service rep you talk to when you call just presses the same CLI button as you do.  They have no higher decision making authority.
If you apply for a CLI and get denied, you can talk to someone who may actually do something about it.  To do that, search online for something called a 'recon number' for your particular credit card.  Recon stands for reconsideration.  In that case, you may plead your case for a CLI.  These recon numbers are usually shared on credit-specific sites and forums.
Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on August 18, 2020, 09:51:14 AM
Dang I just got an email from Capital One-- they are decreasing my CL from $30k to $10k!!!!  It's a 13 yr old card too.
In the 2.5 years of selling AU spots, it's brought in over $8k.... and to make matters worse... we just signed to build a new house and will be shopping for a good mortgage loan rate!   UGH!!!

I am going to call this afternoon to see if they will reconsider.  Has anyone else had to go through this recently?
The reason for the reduction was due using only a portion of my CL.  I've heard Chase and Cap One have been doing some auditing and reducing CL recently due to COVID/economy issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 18, 2020, 10:44:56 AM
Dang I just got an email from Capital One-- they are decreasing my CL from $30k to $10k!!!!  It's a 13 yr old card too.
In the 2.5 years of selling AU spots, it's brought in over $8k.... and to make matters worse... we just signed to build a new house and will be shopping for a good mortgage loan rate!   UGH!!!

I am going to call this afternoon to see if they will reconsider.  Has anyone else had to go through this recently?
The reason for the reduction was due using only a portion of my CL.  I've heard Chase and Cap One have been doing some auditing and reducing CL recently due to COVID/economy issues.

Not recently but had a very similar experience with Cap One almost 3 years ago. They actually decreased my credit line significantly and refused to budge on increasing it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 18, 2020, 10:49:36 AM
Dang I just got an email from Capital One-- they are decreasing my CL from $30k to $10k!!!!  It's a 13 yr old card too.
In the 2.5 years of selling AU spots, it's brought in over $8k.... and to make matters worse... we just signed to build a new house and will be shopping for a good mortgage loan rate!   UGH!!!

I am going to call this afternoon to see if they will reconsider.  Has anyone else had to go through this recently?
The reason for the reduction was due using only a portion of my CL.  I've heard Chase and Cap One have been doing some auditing and reducing CL recently due to COVID/economy issues.

Ick, that's a bummer.

Regarding the mortgage rate, once you're past 750, you should be fine. The card is still just as old and with the same on-time payment, so unless your DTI is drastically affected, hopefully it won't hit your credit score too much.

Having it be worth a lot less in TL sales though is definitely a bummer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 18, 2020, 11:04:46 AM
Please report back if they agree to re instate your higher credit limit, I also got decreased by chase and Capital one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 18, 2020, 11:44:37 AM
Please report back if they agree to re instate your higher credit limit, I also got decreased by chase and Capital one.

Were you using these cards at all? When was the last transaction?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nickelwise on August 18, 2020, 12:25:09 PM
I just got hit by a Capital One credit line reduction as well. I've been putting regular charges through on the card, hundreds of dollars most months, just keeping it under 10% utilization as per Old Company rules.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 18, 2020, 12:54:24 PM
Closure data point.

I had two USBank cards shut down.

The lines were approaching five years old.  The letter from USBank said "The pattern of adding and removing authorized users on your accounts poses a risk to the bank."  The letter and the closure were effective July 31.

They were with New Company from 1/2017 through 6/2019, then with Old Company from 7/2019 to now.  I had a total of 18 AUs with New Company and 27 AUs with Old Company across these two cards.  I never had more than three AUs on either card at any one time.

I followed all recommendations from both New Company and Old Company.  Although it is disappointing, it is not surprising and I certainly expected this to happen at some point.

I still have little to no need to use credit cards, and I still have twelve credit cards from nine other issuers, and I am comfortable with the ongoing risk.  So I plan to (a) continue selling on my other cards with Old Company, (b) age a couple of cards and enroll them when they get old enough, and (c) try to get more USBank credit cards for either SUBs or piggybacking at some point in the future.

Happy to give more details or answer questions although I may decline to answer some types of questions to maintain my privacy.

Further update, I received a phone call and an email from USBank reaching out to review my USBank checking account activity.  The CSR seemed mystified as to why I was referrred to their department for review, and I didn't express my opinion that it was due to my piggybacking activity on my USBank credit cards.  Anyway, he said that generally they reviewed to see if customers were using personal checking accounts for business activity, and the flagged activity clearly was not that (it was just general cash flow and paying my kids' college tuition bills and such).  He said he'd make some notes and close out the referral.

(My commissions from piggybacking go into a different checking account.)

Further update, I received an email from Old Company saying they had to refund the existing AUs on those two cards since the account showed as closed on the AU credit reports.  I assume that they will take those commissions back from me as well - they had already paid me for them.  This is all understandable but of course a bit of a bummer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on August 18, 2020, 03:01:43 PM
I just called Cap One about my CL decrease (from $30,000 to $10,000) and I asked to speak to manager level.  A "Sr Acct Rep" got on the phone and I explained I am purchasing a new build home and was counting on this CL to keep my credit score high so I can lock in the lowest possible mortgage rate in a few months.

He basically said he understands, but there is nothing they can do, the decision is final but I could check back in 6 months and reapply for an increase.

Yeah, well, that's too late for my mortgage rate lock.

It shouldn't affect my credit score much at all, it's really the tradelines that I'm disappointed with.

I've gotten 7 AU's so far this year, pretty busy with that card. 

Oh well, it happens I guess.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 18, 2020, 03:59:20 PM
What's the best way to ask for credit line increase?  Online or call?  I'm specifically interested in Barclays.  When I tried doing it online I got denied and it was a hard pull (showed up in Credit Karma, I'm not sure if it means hard or soft pull actually).  If I was to call is it up to the person I'm talking to or are they going to do the same thing I've done myself online?  Anyone know?

What was the reason you were denied? There is a reason, either you've opened accounts too recently, your usage of the card is too low, your stated annual income isn't high enough, or some other reason. The reason isn't purely because you attempted online. If you didn't get a reason right away, some companies will send you a letter telling you why your request was denied. That way you'll have a better idea of what you need to change the next time you ask for an increase
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 19, 2020, 08:10:09 AM
What's the best way to ask for credit line increase?  Online or call?  I'm specifically interested in Barclays.  When I tried doing it online I got denied and it was a hard pull (showed up in Credit Karma, I'm not sure if it means hard or soft pull actually).  If I was to call is it up to the person I'm talking to or are they going to do the same thing I've done myself online?  Anyone know?

What was the reason you were denied? There is a reason, either you've opened accounts too recently, your usage of the card is too low, your stated annual income isn't high enough, or some other reason. The reason isn't purely because you attempted online. If you didn't get a reason right away, some companies will send you a letter telling you why your request was denied. That way you'll have a better idea of what you need to change the next time you ask for an increase
I don’t remember now but I think they said something about having multiple cards with them and the total credit being already high.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: modulus on August 19, 2020, 05:42:04 PM
Any tips on how to best "spend" on these cards without raising red flags?  Most of the cards I posted for tradelines were sitting unused for the last several months/years.  Obviously I will be keeping below 10% utilization.  I was thinking about just buying a $10 Amazon giftcard on each card every month - any issues I may be overlooking with this strategy?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 19, 2020, 06:09:39 PM
Any tips on how to best "spend" on these cards without raising red flags?  Most of the cards I posted for tradelines were sitting unused for the last several months/years.  Obviously I will be keeping below 10% utilization.  I was thinking about just buying a $10 Amazon giftcard on each card every month - any issues I may be overlooking with this strategy?

People probably do things in various ways, but I do a $2.50 Amazon gift card every month on cards that currently have AUs.  This appears to work just fine to ensure that the CL posts to the AUs' credit reports, and nobody else (Amazon or the CC issuers) seems to care.  I also have all my cards set up for autopay full balance on the due date, but that's pretty standard fare.

If your credit card does come to the attention of the bank for whatever reason due to piggybacking, if you're doing what I'm doing you're probably toast.  It's unclear if a more normal pattern of usage (putting groceries and gas and regular purchases on the card) would help out in this case.  I can imagine it might or might not.  I don't think there are many data points on this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 19, 2020, 06:18:30 PM
If you have a bunch of cards doing tradelines, it helps to keep a spread sheet with the closing and pay dates and when you last made a purchase.  I color code so I can see which ones have AU's on them and write myself notes like "spend Barclays" when I'm out on errands.  If I need to just get them done, then $3 on Amazon it is.

I also do low balance forgiveness and there, amazon is the absolute best way.  Too difficult to maximize $1.99 with a gas pump. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on August 19, 2020, 07:34:10 PM
Dang I just got an email from Capital One-- they are decreasing my CL from $30k to $10k!!!!  It's a 13 yr old card too.
In the 2.5 years of selling AU spots, it's brought in over $8k.... and to make matters worse... we just signed to build a new house and will be shopping for a good mortgage loan rate!   UGH!!!

I am going to call this afternoon to see if they will reconsider.  Has anyone else had to go through this recently?
The reason for the reduction was due using only a portion of my CL.  I've heard Chase and Cap One have been doing some auditing and reducing CL recently due to COVID/economy issues.

Same thing just happened to me ($31k card reduced to $10k). Ugh.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on August 19, 2020, 08:16:42 PM
I have a Capital One card with an AU on it.  My most recent statement went positive due to a refund and bad timing.  I have a credit of 62 dollars on the card.  Will Capital One still report this since it's not zero or am I screwed on this?  The prior month I had a balance I owed on.

I am also wondering that when a card has a balance it reports (I know that).  But then the next period it goes to zero, does it still report?  Just for that period since it just went to zero?

Thanks in advance
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 19, 2020, 08:55:34 PM
If you have a bunch of cards doing tradelines, it helps to keep a spread sheet with the closing and pay dates and when you last made a purchase.  I color code so I can see which ones have AU's on them and write myself notes like "spend Barclays" when I'm out on errands.  If I need to just get them done, then $3 on Amazon it is.

I also do low balance forgiveness and there, amazon is the absolute best way.  Too difficult to maximize $1.99 with a gas pump.

I just make sure that making a purchase is one of my steps in adding an AU. You will get the add request before your statement date, so right after adding the AU, I immediately go and purchase a gift card.

Amazon gift card works fine, but I opt to buy Target gift cards at a discount on a discount gift card website (i usually get between 7%-12% discount) , and then immediately add it to my Target gift card balance online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 19, 2020, 09:01:25 PM
I am also wondering that when a card has a balance it reports (I know that).  But then the next period it goes to zero, does it still report?  Just for that period since it just went to zero?

I only ever do the charge the first month. I think once it's on, it's fine, until you remove them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 19, 2020, 09:53:26 PM
I just had citi recommend a "security closure" when removing an AU.  Seems bizarre.

Quote from: Citi Rep
We recommend a security closure when removing users to prevent fraudulent use of the account. If you refuse to close you will be responsible for all charges made by the authorized user unit the account is security closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 20, 2020, 05:51:08 AM
I just had citi recommend a "security closure" when removing an AU.  Seems bizarre.

Quote from: Citi Rep
We recommend a security closure when removing users to prevent fraudulent use of the account. If you refuse to close you will be responsible for all charges made by the authorized user unit the account is security closed.

I get a similar question from Citi reps asking if I feel there is a risk with the AU making fraudulent charges once removed, and if so they will "close" the account and issue a new card. I put "close" in quotes because the tradeline remains the same on your credit report (age included), they just issue you a new number. I always respond that there is no risk and I have the user's card in my possession. That usually satisfies them. There's really nothing wrong with them issuing you a new number unless you're like me and have your Netflix / Hulu / electric bill, etc. on autopay, then it's a PITA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 20, 2020, 06:05:38 AM
A new card/number won't interrupt AUs.  My son (an AU) thought he lost his wallet.  I contacted Cap One and got a new card just for him.  As it turned out, Cap One uses different numbers for every AU, so when I look into transactions, I can see who used the card.  Not all card issuers do this.  I noted Discover does not.  AU cards have the same number as my own.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 20, 2020, 07:43:25 PM
Ah that makes more sense than actually closing the account. When I remove them over phone I get asked if I think there is a risk and if I got the card, but haven't heard the terminology security closure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on August 21, 2020, 02:22:05 PM
If anyone knows of a decent Tradeline company that sells CITI card, and you are willing to share, please PM me the info.
I am also looking into the old company but I'm not sure if they are selling CITI still.

Gotta make up for the loss of my Cap One CL somehow  :-)
(went from $30k CL down to $10k)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 21, 2020, 04:25:29 PM
If anyone knows of a decent Tradeline company that sells CITI card, and you are willing to share, please PM me the info.
I am also looking into the old company but I'm not sure if they are selling CITI still.

Gotta make up for the loss of my Cap One CL somehow  :-)
(went from $30k CL down to $10k)

Old Company does indeed take Citibank.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bangbang on August 23, 2020, 05:55:06 PM
I have a question about Barclay tradelines. I have a Barclay card that is now eligible. I have read in the past that Barclay will not close accounts, but only allows a lifetime max of AU's. Is this correct? Is there a reason I should take the old company's recommendation and add only 2 AU's at a time, or should I max them out?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 23, 2020, 06:57:10 PM
I have a question about Barclay tradelines. I have a Barclay card that is now eligible. I have read in the past that Barclay will not close accounts, but only allows a lifetime max of AU's. Is this correct? Is there a reason I should take the old company's recommendation and add only 2 AU's at a time, or should I max them out?

All issuers probably close accounts from time to time, so I wouldn't take the lack of Barclays action as a guarantee.

There has been some anecdotal data on this thread about Barclays having a lifetime max.  IIRC it's 35-45 or thereabouts.

The degree of risk you take is up to you.  Personally I follow the TL company's recommendations to the letter as best I can (and still had two US Bank CC's shut down recently, FWIW).  Others don't.  I happen to suspect that more AUs at a time increases your risk of getting shut down, but I also don't think it's a hard and fast rule.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 24, 2020, 10:14:19 AM
Barclays may be one of the more tolerant cards for number of concurrent  users. I have 6 AU right now on my wife’s barclay card.
However If you are only getting 25 or 50 dollars a user then I would wait until it is worth at least 100 dollars a user. I maxed out a Barclays card, they did not close my account but they will not let me add any more users. I probably had 35 or more on that card over a year or so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 24, 2020, 12:17:47 PM
Another data point - I had two different Barclay cards hit the lifetime limit at 30 users, so yes, season those suckers before using them! I have anywhere between 5-6 users added at any given time and they are so easy to add and remove. I currently have 2 cards enrolled, one earns $125 a pop and the other $200, so definitely make sure they are over 2 years old and your limit is as high as you can get it.

If you decide to close a card so that you can open another (they have a limit of 4 cards at any given time), be sure to move some of that available credit to another line that you're getting ready to enroll - you can't get the increase after you close the account. Learned that one the hard way on one of my wife's accounts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on August 24, 2020, 03:54:03 PM
Any idea when it's a good time to ask Barclay for credit increase?  My cards are about 6 months old. for the past 2 months I'm trying to use all my Barclay card so they see activity.  Should I wait longer before I ask for increase?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 25, 2020, 09:56:50 AM
I'm starting to get adds for my discover card now, and holy shit it's easy.  Everything is done online for the adds and the removal, it's so fast and easy compared to every other card I've been dealing with! I think i'm going to go apply for additional discover cards for me and my wife. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 25, 2020, 10:24:47 AM
I'm starting to get adds for my discover card now, and holy shit it's easy.  Everything is done online for the adds and the removal, it's so fast and easy compared to every other card I've been dealing with! I think i'm going to go apply for additional discover cards for me and my wife.

Yeah, discover and Barclays are great in terms of online only adds. I think you can only have 2 discover cards per person, though. One thing I have run into with discover is that their address verification is sometimes overly strict. on more than one occasion, their interface would not allow me to save the AU's address. Sometimes I can get it to save by slightly modifying it, like spelling out "Street" instead of "St" or somthing like that, but sometimes I've had to actually call in and have a rep add the address for me
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on August 26, 2020, 06:44:23 PM
Hi all. New to the forums, but used to hang out on Creditboards a lot until, well, I didn't need to anymore. They rocked and I'll always be grateful.

Well, I have some cards lying around, so this subject caught my eye.

Question: Does anyone have experience with Synchrony getting squirrely about AU activity? I have 2 of their cards and one would be better as a tradeliner, but I don't want to jeopardize the other.

Thanks for any info!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on August 27, 2020, 04:13:32 PM
I had a weird experience with Citi today.
I added an AU online and got an error message "can't help you with that...call this number" or some such thing.
While reaching for my phone, I went back to my AU screen and it actually did have the AU on the card.

I decided not to call, because it shows the AU on the account now and I don't want to get unnecessary attention

But I am wondering if I should?

Last time I had a city add, months ago, I called to try and add the SSN and they told me that wasn't possible after I had been on hold for ever.
The AU posted anyways, but it's always a bit of a nail biter for me, as I had several not post a while ago.
I'd prefer not to call, but if anyone has any insight on what that error message could have triggered, please let me know.

Quoting myself to add extra data points:
The AU mentioned above did post, albeit with a month delay.

Today I added another AU and got the same error message, when I went back to check the user appeared to be on my account, so I'm not going to call,
based on that previous experience.

Also really odd, the user I added today, sounded familiar, so I checked my records and I have had him as an AU on the same card back in November 2019.
This is with New Company. New Company confirmed that this is intentional.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Richie Poor on August 28, 2020, 08:11:41 AM
If anyone knows of a decent Tradeline company that sells CITI card, and you are willing to share, please PM me the info.
I am also looking into the old company but I'm not sure if they are selling CITI still.

Gotta make up for the loss of my Cap One CL somehow  :-)
(went from $30k CL down to $10k)

Old Company does indeed take Citibank.

I tried to add a couple of cards with the old company about two weeks ago. One of them was a citi card. They said they were not actively enrolling citi cards due to recent posting issues. They offered to give it a shot with a single spot but I declined that option and stuck with just adding the other card. I dislike dealing with posting issues but may see if anything changes down the road.

On their open enrollment emails Citi was missing from the list. That was my experience anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 28, 2020, 08:21:19 AM
I tried to add a couple of cards with the old company about two weeks ago. One of them was a citi card. They said they were not actively enrolling citi cards due to recent posting issues. They offered to give it a shot with a single spot but I declined that option and stuck with just adding the other card. I dislike dealing with posting issues but may see if anything changes down the road.

On their open enrollment emails Citi was missing from the list. That was my experience anyway.

Interesting.

I got updated list from the owner on Aug 11 and then a slightly revised one from the main customer service person who enrolls cards on Aug 17 (subsequent to their newsletter), and both included Citibank.

Bottom line, if you're looking to enroll a Citi card, probably worth emailing to ask.

Thanks for the info!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 28, 2020, 08:21:59 AM
I have a question about Barclay tradelines. I have a Barclay card that is now eligible. I have read in the past that Barclay will not close accounts, but only allows a lifetime max of AU's. Is this correct? Is there a reason I should take the old company's recommendation and add only 2 AU's at a time, or should I max them out?

All issuers probably close accounts from time to time, so I wouldn't take the lack of Barclays action as a guarantee.

There has been some anecdotal data on this thread about Barclays having a lifetime max.  IIRC it's 35-45 or thereabouts.

The degree of risk you take is up to you.  Personally I follow the TL company's recommendations to the letter as best I can (and still had two US Bank CC's shut down recently, FWIW).  Others don't.  I happen to suspect that more AUs at a time increases your risk of getting shut down, but I also don't think it's a hard and fast rule.

Thanks @bangbang  and @secondcor521  for bringing this up...

I have a number of barclay cards with old company.  I added 2 more when they opened up a while back.  They asked me if I wanted more than 2 spots each.  I didn't give it a second thought at the time.  I always have done 2 per and have been happy with the sales.  I am now wondering if I should increase this knowing that shutdown risk is pretty low with BC and these sell well.  Maybe 3 spots per card..

Anyone have any further thoughts or opinions on this?  Thanks for any input!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on August 28, 2020, 09:22:02 AM
I have a number of barclay cards with old company.  I added 2 more when they opened up a while back.  They asked me if I wanted more than 2 spots each.  I didn't give it a second thought at the time.  I always have done 2 per and have been happy with the sales.  I am now wondering if I should increase this knowing that shutdown risk is pretty low with BC and these sell well.  Maybe 3 spots per card..

Anyone have any further thoughts or opinions on this?  Thanks for any input!

Is there a huge difference for you based on whether you get the income from selling three spots vs two?

Given that each Barclays card has a life time maximum number of users you can add, I'd operate under the assumption that given enough time, you will make those sales and max out the card. So if I could spread out the taxable income longer, and lower the risk of shutdown, I would. Your calculus could be different.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 28, 2020, 09:24:18 AM
I have a number of barclay cards with old company.  I added 2 more when they opened up a while back.  They asked me if I wanted more than 2 spots each.  I didn't give it a second thought at the time.  I always have done 2 per and have been happy with the sales.  I am now wondering if I should increase this knowing that shutdown risk is pretty low with BC and these sell well.  Maybe 3 spots per card..

Anyone have any further thoughts or opinions on this?  Thanks for any input!

Is there a huge difference for you based on whether you get the income from selling three spots vs two?

Given that each Barclays card has a life time maximum number of users you can add, I'd operate under the assumption that given enough time, you will make those sales and max out the card. So if I could spread out the taxable income longer, and lower the risk of shutdown, I would. Your calculus could be different.

Maybe just to churn through the card's max AUs and then replace the card with a new one? But might as well let the new one age while that's happening, unless they just won't issue you more without closing some.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 28, 2020, 09:36:56 AM
Capital One has dropped a lot of credit limits lately (some people in this thread have said it happened to them), and thus are not posting as advertised for AUs, and a refund is needing to be given. Make sure if your limit is decreased you inform the TL company it is enrolled with! OldCompany has had dozens of cards/orders impacted by this, and will be sending out a newsletter on this today or tomorrow, I believe, and may try to email individually and verify with cardholders their current limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on August 28, 2020, 11:02:21 AM

Last time I had a city add, months ago, I called to try and add the SSN and they told me that wasn't possible after I had been on hold for ever.

I had this happen when I added an AU online and then called in to add SSN, just as you did. Now I only call and give the CSR all of the user info, including SSN, and it posts fine.  When I call in, the CSR goes down the list of info and asks for the SSN.
Hold times are way down now, so I would suggest just calling in the add, eliminating the step where you begin the add online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on August 28, 2020, 03:42:15 PM
Another question about Synchrony (which I realize is likely to be fairly uncommon in credit portfolios here vs. some of the bigger issuers, ah well).

First, regarding my earlier question, seeing that one of my cards from them is a VISA and one a MC, I'm wondering if anyone guesses I might be safer from any blowback if my tradeliner goes south because different networks? I go to different websites to manage them so they could be mostly unrelated.

Turns out that they each have different numbers of allowed AUs, too.

However, they both require calling to remove AUs (after what looks like easy online adds).

My question is, can the reps see all of your AUs at once when you call? Because the number allowed is kind of ridic, and I can't imagine that it wouldn't look weird to have so many at once.

Yes, I know I can limit the number. I'd rather let it ride if it's OK by OC.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 28, 2020, 04:22:34 PM
Another question about Synchrony (which I realize is likely to be fairly uncommon in credit portfolios here vs. some of the bigger issuers, ah well).

[1] First, regarding my earlier question, seeing that one of my cards from them is a VISA and one a MC, I'm wondering if anyone guesses I might be safer from any blowback if my tradeliner goes south because different networks? I go to different websites to manage them so they could be mostly unrelated.

Turns out that they each have different numbers of allowed AUs, too.

However, they both require calling to remove AUs (after what looks like easy online adds).

[2] My question is, can the reps see all of your AUs at once when you call? Because the number allowed is kind of ridic, and I can't imagine that it wouldn't look weird to have so many at once.

Yes, I know I can limit the number. I'd rather let it ride if it's OK by OC.

1.  I highly doubt it.  Risk is usually by the issuer (Chase, Citi, Discover, etc.), not by credit card backend processing network.  It sort of sounds like you might actually have cards by two different issuers.  I've only had one Synchrony Bank card, and it was just to get a decent discount on some car tires several years ago.

2.  Probably, but I've always thought that the frontline CSRs doing the adds and removes don't look at that and don't care.  There's another group of folks at each bank who are looking at risky behavior, and if they catch you then your card is probably toast.  I've always wanted to see more data points from people who have had cards shut down for this to try to figure out what triggers closure and what doesn't, but it can also just make sense to rely on the TL companies judgment.  They have lots of data points, and receive new ones constantly, and although they want to make sales, they also don't want to push too hard as shutdowns that affect their AUs are bad for their business.

How many slots to allow is always up to you.  Personally I've always gone with the TL company's recommendations.  I've been piggybacking regularly for three years or so and have had two cards shutdown out of six total cards.  I think more AUs on at any given time is one of the clear risk factors, so you'd want to take that into consideration.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on August 28, 2020, 04:45:32 PM

[1] First, regarding my earlier question, seeing that one of my cards from them is a VISA and one a MC, I'm wondering if anyone guesses I might be safer from any blowback if my tradeliner goes south because different networks? I go to different websites to manage them so they could be mostly unrelated.

Turns out that they each have different numbers of allowed AUs, too.

However, they both require calling to remove AUs (after what looks like easy online adds).

Quote
1.  I highly doubt it.  Risk is usually by the issuer (Chase, Citi, Discover, etc.), not by credit card backend processing network.  It sort of sounds like you might actually have cards by two different issuers.  I've only had one Synchrony Bank card, and it was just to get a decent discount on some car tires several years ago.

Are you saying you doubt I'll be safe from shutdown on both if I use just the one?

I wasn't implying that I thought it was per network, but rather that because the networks are different, these cards can't "see" each other at all and therefore the right hand won't know what the left is doing.

It does sound like the issuers are different, but they are both Synchrony. The co-brands are different though. Eh, it will probably just be a mystery until it isn't!

Quote
[2] My question is, can the reps see all of your AUs at once when you call? Because the number allowed is kind of ridic, and I can't imagine that it wouldn't look weird to have so many at once.

Yes, I know I can limit the number. I'd rather let it ride if it's OK by OC.

Quote
2.  Probably, but I've always thought that the frontline CSRs doing the adds and removes don't look at that and don't care.

How many slots to allow is always up to you.  Personally I've always gone with the TL company's recommendations.

Yes, that's all what I'm weighing. I'm planning to listen to the company but just wanted some experienced insight on how things face the CSRs. I hope I can't provide you with data points on triggering shutdown, haha. But que sera, sera. It's not like I can't live without this one, so.

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 28, 2020, 04:52:37 PM
I'm not sure if you just use one what the consequences for the other will be.

Chase is well known for shutting down all credit cards, and sometimes all accounts.  I had two USBank accounts shut down, but I was adding AUs on both.  My USBank checking account got reviewed but they left it open.

If it's from two different issuers, then consequences usually don't transfer.  But again, hard to tell without seeing the cards, and I would not recommend posting images of your card here.

I think the best advice is what arebelspy says in the original post - or at least I'm pretty sure it's there - don't use any CCs for piggybacking that you're not OK with getting shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on August 28, 2020, 05:54:15 PM
I'm not sure if you just use one what the consequences for the other will be.

Chase is well known for shutting down all credit cards, and sometimes all accounts.  I had two USBank accounts shut down, but I was adding AUs on both.  My USBank checking account got reviewed but they left it open.

If it's from two different issuers, then consequences usually don't transfer.  But again, hard to tell without seeing the cards, and I would not recommend posting images of your card here.

I think the best advice is what arebelspy says in the original post - or at least I'm pretty sure it's there - don't use any CCs for piggybacking that you're not OK with getting shut down.

I have read the thread (yes, the whole thing) and know about Chase and USBank. I will not use my Chases and don't have USBank, so no worries there. And because of certain issuers shutting down all lines, like BOA (don't have that either), I thought I'd inquire just in case anyone had a data point on this particular bank.

No, not 2 different issuers, as I noted (err ... well different co-brands. This is complicated). Of course I would never post images, even with things redacted. I'm clear on who has issued these in any case.

But many of my other issuers have all cards accessible through the same portal. Obviously every issuer doesn't do things the same way. But I surmise largely, again, because VISA vs. MC in this case, they don't do crosstalk. I've just never had to consider that before. This one isn't a card I use a whole lot, therefore my interest in tossing it into the ring.

Thanks for your input.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nate79 on August 28, 2020, 08:11:45 PM
I've been getting a ton of adds recently with the New Company. I was lazy and didn't switch to the old company and boom, getting close to maxing out the three cards I have with them almost all in a spare of 1-2 months (2x discover cards and one BoA), including some adds that required an urgent off cycle credit report which was something new for me.

Sent from my SM-G950U using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on August 30, 2020, 01:49:39 PM
I have been with the New Company for about 2 years now, but I recently started with the Old Company for a few of my newly seasoned cards.

Quote from Old Company regards Citi: "Citibank must be added by phone only using the name and social, it will not post if added online. After you add the AU, check your online account the next day to make sure they are on your AU list, and to be safe check it again the day before your statement date. Citibank has dropped AUs from accounts in the past so it's always good to check your account after you add them."

With the New Company, I have always done my Citi adds online because I hate calling in.  So do you guys actually call in to add users when it comes to Citi? 

FYI, looking back at my entire 2 year history with the New Company, I have had 58 orders in total.  Only 2 of those orders have not posted, with both of them being from Citi (I'm 6 out of 8 for Citi posting).  it makes me wonder if I should be calling in instead.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on August 30, 2020, 02:56:12 PM
I have been with the New Company for about 2 years now, but I recently started with the Old Company for a few of my newly seasoned cards.

Quote from Old Company regards Citi: "Citibank must be added by phone only using the name and social, it will not post if added online. After you add the AU, check your online account the next day to make sure they are on your AU list, and to be safe check it again the day before your statement date. Citibank has dropped AUs from accounts in the past so it's always good to check your account after you add them."

With the New Company, I have always done my Citi adds online because I hate calling in.  So do you guys actually call in to add users when it comes to Citi? 

FYI, looking back at my entire 2 year history with the New Company, I have had 58 orders in total.  Only 2 of those orders have not posted, with both of them being from Citi (I'm 6 out of 8 for Citi posting).  it makes me wonder if I should be calling in instead.

Yes, you have to call in Citi adds. It's really annoying, but I have forgotten to do this a couple times. Every time I have added online, they don't post and I don't get paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 30, 2020, 08:00:42 PM
I have a number of barclay cards with old company.  I added 2 more when they opened up a while back.  They asked me if I wanted more than 2 spots each.  I didn't give it a second thought at the time.  I always have done 2 per and have been happy with the sales.  I am now wondering if I should increase this knowing that shutdown risk is pretty low with BC and these sell well.  Maybe 3 spots per card..

Anyone have any further thoughts or opinions on this?  Thanks for any input!

Is there a huge difference for you based on whether you get the income from selling three spots vs two?

Given that each Barclays card has a life time maximum number of users you can add, I'd operate under the assumption that given enough time, you will make those sales and max out the card. So if I could spread out the taxable income longer, and lower the risk of shutdown, I would. Your calculus could be different.

Maybe just to churn through the card's max AUs and then replace the card with a new one? But might as well let the new one age while that's happening, unless they just won't issue you more without closing some.

Thanks @CanuckExpat  and @arebelspy !  I appreciate the comments. 

I'm going to stick with the 2 spots per card.  This discussion does remind me that I need to open another BC card when my inquiries go down a bit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 31, 2020, 04:41:12 AM
I have been with the New Company for about 2 years now, but I recently started with the Old Company for a few of my newly seasoned cards.

Quote from Old Company regards Citi: "Citibank must be added by phone only using the name and social, it will not post if added online. After you add the AU, check your online account the next day to make sure they are on your AU list, and to be safe check it again the day before your statement date. Citibank has dropped AUs from accounts in the past so it's always good to check your account after you add them."

With the New Company, I have always done my Citi adds online because I hate calling in.  So do you guys actually call in to add users when it comes to Citi? 

FYI, looking back at my entire 2 year history with the New Company, I have had 58 orders in total.  Only 2 of those orders have not posted, with both of them being from Citi (I'm 6 out of 8 for Citi posting).  it makes me wonder if I should be calling in instead.
I've noticed Citi is more likely to not post verse other cars issuers even adding over the phone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 31, 2020, 10:25:48 AM
I have been with the New Company for about 2 years now, but I recently started with the Old Company for a few of my newly seasoned cards.

Quote from Old Company regards Citi: "Citibank must be added by phone only using the name and social, it will not post if added online. After you add the AU, check your online account the next day to make sure they are on your AU list, and to be safe check it again the day before your statement date. Citibank has dropped AUs from accounts in the past so it's always good to check your account after you add them."

With the New Company, I have always done my Citi adds online because I hate calling in.  So do you guys actually call in to add users when it comes to Citi? 

FYI, looking back at my entire 2 year history with the New Company, I have had 58 orders in total.  Only 2 of those orders have not posted, with both of them being from Citi (I'm 6 out of 8 for Citi posting).  it makes me wonder if I should be calling in instead.
I've noticed Citi is more likely to not post verse other cars issuers even adding over the phone.

this has been my experience as well. Even if you do everything correct with Citi, there is a fair chance it will not post. I am currently on the phone with Citi as I type this, trying to add the SSNs, they have transferred me back and forth between different departments, its been 30 minutes and counting.

Next time, i am for sure going to just add them over the phone entirely, rather than adding online, then calling in the social. The reps seem to be thrown for a loop when someone calls in to add just the social.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on August 31, 2020, 12:39:18 PM
That's exactly my experience with Citi.

If I call in the entire add (all of the info, without starting the process online), the CSR just goes down the list: Name, date of birth, social security number..." .

Whereas if I start the add online and then just call in to add the SSN it would be confusing to the CSR. I'd get comments like "the authorized user is already added" or "You don't need the SSN" or " I can't add the SSN" or they might finally say "Yes, I did it" but the AU didn't post so I had my doubts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on August 31, 2020, 04:07:26 PM
That's exactly my experience with Citi.

If I call in the entire add (all of the info, without starting the process online), the CSR just goes down the list: Name, date of birth, social security number..." .

Whereas if I start the add online and then just call in to add the SSN it would be confusing to the CSR. I'd get comments like "the authorized user is already added" or "You don't need the SSN" or " I can't add the SSN" or they might finally say "Yes, I did it" but the AU didn't post so I had my doubts.

This is good to know.  I will plan on doing it this way from now on.  For adding AU's over the phone, is that available 24/7 do you know?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on September 01, 2020, 12:19:27 AM
Quote
I've been getting a ton of adds recently with the New Company. I was lazy and didn't switch to the old company and boom, getting close to maxing out the three cards I have with them almost all in a spare of 1-2 months (2x discover cards and one BoA), including some adds that required an urgent off cycle credit report which was something new for me.

I had a similar experience a few months ago.  The card got 4 adds in 2 months, with only 1 ever prior to that.  However I believe the reason was, the card was 10-11 months old.  By adding at that moment the new company only had to pay me the lower rate.  But the AU would be on there for about 3 months and get a posting that looks like at least a 1 year.  The new company was likely charging for the higher level than what I was getting paid.

My guess is your cards are at that point as well?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on September 01, 2020, 12:26:49 AM
While working with some cards I noticed that US Bank is administered by Elan Financial.  I also have a Fidelity card that is administered by Elan Financial.  From prior reading in this forum I believe that when US Bank shuts a card down they shut down all US Bank cards.

I am now curious if a shut down of a US Bank card would get my Fidelity card shut down as well?

Just a note, I'm OK if this happens, just trying to learn more.  Even if all my TL cards got shut down I have 2 more cards that don't qualify for TLs.

Thanks in advance
John
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 01, 2020, 02:50:30 AM
While working with some cards I noticed that US Bank is administered by Elan Financial.  I also have a Fidelity card that is administered by Elan Financial.  From prior reading in this forum I believe that when US Bank shuts a card down they shut down all US Bank cards.

I am now curious if a shut down of a US Bank card would get my Fidelity card shut down as well?

Just a note, I'm OK if this happens, just trying to learn more.  Even if all my TL cards got shut down I have 2 more cards that don't qualify for TLs.

Thanks in advance
John

From some quick Googling, checking my US Bank credit cards (actually not mine, I shredded mine when they closed my accounts, but I still have some AU cards on hand until they can be marked removed), and being a former US Bank employee, it seems that US Bank owns Elan Financial Services, which basically does outsourced credit card programs for other companies, like Fidelity.  I believe US Bank also issues and services their own credit cards.

So although it's possible that the two operations talk to each other, I think it is more likely that they are independent operations and that USBank credit card folks wouldn't talk to Elan credit card folks.  But YMMV obviously.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nate79 on September 01, 2020, 09:03:45 PM
Quote
I've been getting a ton of adds recently with the New Company. I was lazy and didn't switch to the old company and boom, getting close to maxing out the three cards I have with them almost all in a spare of 1-2 months (2x discover cards and one BoA), including some adds that required an urgent off cycle credit report which was something new for me.

I had a similar experience a few months ago.  The card got 4 adds in 2 months, with only 1 ever prior to that.  However I believe the reason was, the card was 10-11 months old.  By adding at that moment the new company only had to pay me the lower rate.  But the AU would be on there for about 3 months and get a posting that looks like at least a 1 year.  The new company was likely charging for the higher level than what I was getting paid.

My guess is your cards are at that point as well?
No, these are all pretty old cards. They even had me do off cycle report request so they could max out the cards. I'm thinking everyone was leaving the new company for the old and they don't have enough cards for their demand???

Sent from my SM-G950U using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 01, 2020, 09:28:45 PM
No, these are all pretty old cards. They even had me do off cycle report request so they could max out the cards. I'm thinking everyone was leaving the new company for the old and they don't have enough cards for their demand???

As of a week ago (and currently, I assume, but that was my last update), New Company is only accepting higher limit cards with 10 years of age, so I don't think that is the case.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Optimiser on September 01, 2020, 10:46:43 PM
I've had 3 adds with the new company in the last couple months. Prior to that I only get about 1 per year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 02, 2020, 03:34:49 PM
Been forgetting to ask the group about this...

Does anyone know of other good cards from "Elan"?  Like the other poster a couple of messages back, I only have the Fidelity card with them.  It is easy for AU's and posts reliably.  I would like to start seasoning another one but have not been able to find much... (Most of my searches show that Elan is good at advertising their card services to banks and CU's).

thanks for any pointers!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on September 02, 2020, 05:18:15 PM
Been forgetting to ask the group about this...

Does anyone know of other good cards from "Elan"?  Like the other poster a couple of messages back, I only have the Fidelity card with them.  It is easy for AU's and posts reliably.  I would like to start seasoning another one but have not been able to find much... (Most of my searches show that Elan is good at advertising their card services to banks and CU's).

thanks for any pointers!

You mean besides all the US Bank cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog on September 03, 2020, 05:33:06 AM
Same crap different year.  02/25/2020 order still not paid.  They are batting 100% on non-payment so far since I signed up.  I like how they send you a new order and it says to respond immediately.  Them paying you the same respect to you.... not so much.

I guess I'll have to send an email again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 03, 2020, 05:52:40 AM
Same crap different year.  02/25/2020 order still not paid.  They are batting 100% on non-payment so far since I signed up.  I like how they send you a new order and it says to respond immediately.  Them paying you the same respect to you.... not so much.

I guess I'll have to send an email again.
Unfortunately you'll have to get used to it )-:
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 03, 2020, 09:27:51 AM
The payment issues are so wide spread and have been happening for so long that I can't believe it's not intentional at this point.  You've mastered this business, all except being able to pay people on time? GTFO with that nonsense. 

I've had issues with the new company in the past, but I don't think I've reconciled any of my payments for 2020 yet (it's been a wild year and I've really not been paying close attention to my finances).  I suspect when I go to reconcile everything I'll be back to also bitch about delayed payments.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: wienerdog on September 03, 2020, 10:20:17 AM
The payment issues are so wide spread and have been happening for so long that I can't believe it's not intentional at this point.  You've mastered this business, all except being able to pay people on time? GTFO with that nonsense. 

Agree.  Just seeing if you miss one equals more money for them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 03, 2020, 10:45:44 AM
Yeah, it's really awful.

At this point, I definitely recommend switching cards to the old company and away from new company. (Now is the time, as enrollment is open to any cards 6+ months of age, and it only fully opens every 12 to 14 months, in the past few years.)

There isn't any excuse.

As far as I know, everyone always has gotten paid, but, as everyone above says, only after repeatedly reaching out. That should not be the case.

If you haven't gotten paid, contact them. If they don't reply, contact me and I will reach out. Everyone should get paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 03, 2020, 11:03:59 AM
The payment issues are so wide spread and have been happening for so long that I can't believe it's not intentional at this point.  You've mastered this business, all except being able to pay people on time? GTFO with that nonsense. 

Agree.  Just seeing if you miss one equals more money for them.

That and holding onto money longer.  Some companies also play this game, change their terms from 30 days to 90 days to pay vendors.  They still pay the same amount in the end, but now they get to hold onto every dollar for an additional 60 days and make a small profit from holding it. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 03, 2020, 02:14:47 PM
Been forgetting to ask the group about this...

Does anyone know of other good cards from "Elan"?  Like the other poster a couple of messages back, I only have the Fidelity card with them.  It is easy for AU's and posts reliably.  I would like to start seasoning another one but have not been able to find much... (Most of my searches show that Elan is good at advertising their card services to banks and CU's).

thanks for any pointers!

You mean besides all the US Bank cards?


Yes, I am interested in the Elan cards, not usbank.  I have read here and elsewhere that US bank is heavy-handed in shut downs.

Someone pointed out that these 2 entities are run separately.

So again looking for cards "issued by elan".  I assume more than just the Fidelity card exists but maybe not or this is not known.

thanks for any help, everyone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on September 03, 2020, 02:17:32 PM
Ent credit union offers an Elan card.
https://www.ent.com/personal/loans/credit-cards/
I had one once but it got shut down due to suspicious authorized user activity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 03, 2020, 02:19:23 PM
Ent credit union offers an Elan card.
https://www.ent.com/personal/loans/credit-cards/
I had one once but it got shut down due to suspicious authorized user activity.

Is it available to everyone?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on September 03, 2020, 02:30:46 PM
Ent credit union offers an Elan card.
https://www.ent.com/personal/loans/credit-cards/
I had one once but it got shut down due to suspicious authorized user activity.

Is it available to everyone?

You have to join the credit union, but that shouldn't be too hard.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nate79 on September 03, 2020, 09:06:24 PM
Can someone post the list of cards taken by the old company again?

Sent from my SM-G950U using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 03, 2020, 11:03:28 PM
Can someone post the list of cards taken by the old company again?

Bank of America, Barclays, BBVA, Capital One, Chase, Citibank, Discover, Elan/Fidelity, NFCU, PNC, Synch Bank (Care Credit), TD Bank, US Bank, and USAA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on September 03, 2020, 11:11:46 PM
Been forgetting to ask the group about this...

Does anyone know of other good cards from "Elan"?  Like the other poster a couple of messages back, I only have the Fidelity card with them.  It is easy for AU's and posts reliably.  I would like to start seasoning another one but have not been able to find much... (Most of my searches show that Elan is good at advertising their card services to banks and CU's).

thanks for any pointers!

Poked around a little and I believe Berkshire Bank, Webster Bank, BMW World Mastercard, Ent Credit Union, and Fidelity are administered by Elan.  An Elan site said they service 1,400 institutions, probably not all for credit cards though.  But my impression is there are a lot of cards out there from them.  Didn't find one site detailing them all, pieced together the list from review comments and then verified it by seeing if I could find a credit application site, there real.

I'm not certain about the prior post that mentioned US Bank being run separately from Fidelity.  I think that was more of an opinion based on some searching.  It would be nice to have a data point on this one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 04, 2020, 10:27:43 AM
Thanks @Riker626 !

Based on @solon 's post about ENT, I started hunting around for "Elan program awards".  Found a bunch of them but some did not pan out - mostly could not find the actual CC offered.

However, I found a winner.  Valley Bank.  Seems to be based in NJ.  I applied for one of their cards yesterday and it was approved. 

https://www.valley.com/personal/banking/credit-cards

I wasn't sure if this would work out since I am nowhere near NJ.  Looks like the bank nor elan care.  Must be in the US, of course.

Happy hunting yall!!!

Thanks again for everyone's input.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Douggyfr3sh on September 04, 2020, 11:29:44 AM
Very fascinated by this topic and interested.

I only have one card (my personal Chase Sapphire), which I will never use for trade lines.  I would like to start applying for a BUNCH more so that I can potentially do this in a few years.

I have been trying to search for information on how many cards I can apply for in a short period (1 day - 1 month), but have had a hard time finding any decent information.  Anyone able to shed light on that?

My personal situation:
-I have good credit (760-770 score)
-My credit utilization has been hovering between 10-20%, but I raised my credit line today, so now it should mostly stay under 10%
-My debt is: student loans, a mortgage, and a vehicle payment (6k balance on the vehicle)



I would like to get set up with 5+ cards that I basically never use and just let them age so that I can do tradelines later.  A couple other questions I have:

-Can I get Credit Card X with 0 annual fee and just never use it ever and let it age and then do this?  Seems like card issuers might not love that...?
-If No, how often do I have to use Card X if my only intention is to age it so that I can do this?
-I have concerns about my credit score being dinged if I go out and apply for a bunch of cards.  I would like to invest in a SFH rental property in the next year, so keeping a high score is important.


Thanks so much for this info!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 04, 2020, 01:21:59 PM
Very fascinated by this topic and interested.

I only have one card (my personal Chase Sapphire), which I will never use for trade lines.  I would like to start applying for a BUNCH more so that I can potentially do this in a few years.

I have been trying to search for information on how many cards I can apply for in a short period (1 day - 1 month), but have had a hard time finding any decent information.  Anyone able to shed light on that?

My personal situation:
-I have good credit (760-770 score)
-My credit utilization has been hovering between 10-20%, but I raised my credit line today, so now it should mostly stay under 10%
-My debt is: student loans, a mortgage, and a vehicle payment (6k balance on the vehicle)



I would like to get set up with 5+ cards that I basically never use and just let them age so that I can do tradelines later.  A couple other questions I have:

-Can I get Credit Card X with 0 annual fee and just never use it ever and let it age and then do this?  Seems like card issuers might not love that...?
-If No, how often do I have to use Card X if my only intention is to age it so that I can do this?
-I have concerns about my credit score being dinged if I go out and apply for a bunch of cards.  I would like to invest in a SFH rental property in the next year, so keeping a high score is important.


Thanks so much for this info!

My credit is older, deeper, and broader than yours, but I applied for I think 14 cards about a year ago and got 10.  It used to be that if you applied all in one day, the issuers would not see your simultaneous applications and you could get more that way.  However, technology has advanced and it's more instant, so unless you actually have 20 browser windows open with the apps all teed up and can click "apply" within seconds, this strategy doesn't work.

If you're willing to get declined, you can just keep applying until you get tired of getting rejected.  Credit pulls cost you a few to half a dozen points each, and they dissipate over time.  Or be more conservative and apply for fewer.

As to your other questions:

1.  Yes, you can just get 0 annual fee cards and age them for piggybacking.  Card issuers want you to use the card, and if all you use it for is piggybacking then you may eventually get caught and shut down, but you may also get to do it for several years on each card.

2.  Personally I think using a card once every six months or so will keep them from shutting the card due to inactivity.  There is always the risk of them shutting you down for piggybacking, of course.

3.  As far as the rental and your credit score, you can either get cards aging now by going on an app spree, and hope that your credit recovers before you buy the rental, or you can do the rental first and then do  the app spree after closing.  Pretty much up to you, but I would talk with lenders to see how high my score needed to be (usually there are cutoffs) to get the loan I wanted, and then be conservative.

HTH, GL.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on September 04, 2020, 04:48:38 PM
Very fascinated by this topic and interested.

I only have one card (my personal Chase Sapphire), which I will never use for trade lines.  I would like to start applying for a BUNCH more so that I can potentially do this in a few years.

I have been trying to search for information on how many cards I can apply for in a short period (1 day - 1 month), but have had a hard time finding any decent information.  Anyone able to shed light on that?

My personal situation:
-I have good credit (760-770 score)
-My credit utilization has been hovering between 10-20%, but I raised my credit line today, so now it should mostly stay under 10%
-My debt is: student loans, a mortgage, and a vehicle payment (6k balance on the vehicle)



I would like to get set up with 5+ cards that I basically never use and just let them age so that I can do tradelines later.  A couple other questions I have:

-Can I get Credit Card X with 0 annual fee and just never use it ever and let it age and then do this?  Seems like card issuers might not love that...?
-If No, how often do I have to use Card X if my only intention is to age it so that I can do this?
-I have concerns about my credit score being dinged if I go out and apply for a bunch of cards.  I would like to invest in a SFH rental property in the next year, so keeping a high score is important.


Thanks so much for this info!


Yeah, if you want to get into this game you should apply for more cards ASAP so they can start seasoning. But it could definitely affect your credit score in the short run.

In the short run you MIGHT see a drop in credit score because of the hard pull inquiries you'll get when applying for cards, and also because all these new cards will lower your average age of credit. Both of these factors will resolve themselves over time. But these factors may be counteracted somewhat by the fact that your utilization ratio will drop way down. Long term, your credit score will actually go up.

If I were in your shoes, I'd probably wait until you complete your SFH purchase. Doesn't seem to be worth risking your rate on a loan for this gig.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on September 04, 2020, 05:08:52 PM
Can someone post the list of cards taken by the old company again?

Bank of America, Barclays, BBVA, Capital One, Chase, Citibank, Discover, Elan/Fidelity, NFCU, PNC, Synch Bank (Care Credit), TD Bank, US Bank, and USAA.

I was not able to add an USAA card within the last couple of weeks. Apparently there are issues with USAA allowing authorized users who are not related to the primary cardholder.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 04, 2020, 08:14:51 PM
Can someone post the list of cards taken by the old company again?

Bank of America, Barclays, BBVA, Capital One, Chase, Citibank, Discover, Elan/Fidelity, NFCU, PNC, Synch Bank (Care Credit), TD Bank, US Bank, and USAA.

I was not able to add an USAA card within the last couple of weeks. Apparently there are issues with USAA allowing authorized users who are not related to the primary cardholder.

It's possible to do that, but USAA doesn't like it and will discourage the practice if they catch you.

Also, USAA's computer systems will throw weird errors if you try to add a third AU at any given time.  The USAA CSRs usually are unfamiliar with this and will not really know how to proceed.  My solution was to never have more than 2 AUs on my USAA CCs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 05, 2020, 10:44:22 AM
The payment issues are so wide spread and have been happening for so long that I can't believe it's not intentional at this point.  You've mastered this business, all except being able to pay people on time? GTFO with that nonsense. 

I've had issues with the new company in the past, but I don't think I've reconciled any of my payments for 2020 yet (it's been a wild year and I've really not been paying close attention to my finances).  I suspect when I go to reconcile everything I'll be back to also bitch about delayed payments.

hooooo boy, I should have been more on top of paying attention to payments coming in (or not coming in rather).  Have they (new company) switched book keeping methods?  Previously the payments would show up in my bank account as something like "ACH Deposit COMPANY NAME TYPE: QUICKBOOKS CO: COMPANY NAME", but I haven't received a deposit since July 2019 even though I've had a lot of sales.  Currently seeing a $1,000 discrepancy between my orders and deposits to my checking account.  Some of that is recent stuff that shouldn't have posted, but at least half of it is long over due.

Paging @arebelspy to get to the bottom of this mystery. 

ETA: I've emailed my spreadsheet directly to arebelspy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 05, 2020, 02:52:11 PM
The payment issues are so wide spread and have been happening for so long that I can't believe it's not intentional at this point.  You've mastered this business, all except being able to pay people on time? GTFO with that nonsense. 

I've had issues with the new company in the past, but I don't think I've reconciled any of my payments for 2020 yet (it's been a wild year and I've really not been paying close attention to my finances).  I suspect when I go to reconcile everything I'll be back to also bitch about delayed payments.

hooooo boy, I should have been more on top of paying attention to payments coming in (or not coming in rather).  Have they (new company) switched book keeping methods?  Previously the payments would show up in my bank account as something like "ACH Deposit COMPANY NAME TYPE: QUICKBOOKS CO: COMPANY NAME", but I haven't received a deposit since July 2019 even though I've had a lot of sales.  Currently seeing a $1,000 discrepancy between my orders and deposits to my checking account.  Some of that is recent stuff that shouldn't have posted, but at least have of it is long over due.

Paging @arebelspy to get to the bottom of this mystery. 

ETA: I've emailed my spreadsheet directly to arebelspy.

I don't know if they switched, but they did owe me in that range when I left.  I didn't like being that much of a creditor, and I couldn't come up with any good answer for why they were paying late.  And yes, being months overdue was not uncommon in my experience.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on September 05, 2020, 11:21:52 PM
The payment issues are so wide spread and have been happening for so long that I can't believe it's not intentional at this point.  You've mastered this business, all except being able to pay people on time? GTFO with that nonsense. 

I've had issues with the new company in the past, but I don't think I've reconciled any of my payments for 2020 yet (it's been a wild year and I've really not been paying close attention to my finances).  I suspect when I go to reconcile everything I'll be back to also bitch about delayed payments.

hooooo boy, I should have been more on top of paying attention to payments coming in (or not coming in rather).  Have they (new company) switched book keeping methods?  Previously the payments would show up in my bank account as something like "ACH Deposit COMPANY NAME TYPE: QUICKBOOKS CO: COMPANY NAME", but I haven't received a deposit since July 2019 even though I've had a lot of sales.  Currently seeing a $1,000 discrepancy between my orders and deposits to my checking account.  Some of that is recent stuff that shouldn't have posted, but at least half of it is long over due.

Paging @arebelspy to get to the bottom of this mystery. 

ETA: I've emailed my spreadsheet directly to arebelspy.


I was last paid in July and it was listed in Mint as "NEW COMPANY INC QUICKBOOKS PPD ID: 123456789"

Needed arebelspy to get me that payment (about $700 was owed at the time)

I'm caught up for now but expect another $850 by 12/31. I am not sure how much pressure to apply but I'd like to be current by EOY so as to be doing my taxes (and contributions) correctly. I expect another couple of hundred early next year.


I find you really, really need to track every sale on a spreadsheet. I put what card got a slot sold, the date, the name, the order #, the date I did the addition, the date I did the removal, how much I should get paid, what day I expect to be paid, and then if I did get paid. That way I can see how much is past due.

It sucks that they're absolutely terrible at paying out. But it is what it is. The owner guy never responds to emails. The woman who is the contact will reply but won't deal with bugging the owner guy about payments. Only arebelspy does anything useful.

Honestly I'd be fine letting the amount I'm owed grow and then get a payout only when it hits a large enough number, say every six months. It just sucks it's so hard to get them to do their job.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 06, 2020, 07:05:48 AM
Can someone post the list of cards taken by the old company again?

Bank of America, Barclays, BBVA, Capital One, Chase, Citibank, Discover, Elan/Fidelity, NFCU, PNC, Synch Bank (Care Credit), TD Bank, US Bank, and USAA.

I was not able to add an USAA card within the last couple of weeks. Apparently there are issues with USAA allowing authorized users who are not related to the primary cardholder.

It's possible to do that, but USAA doesn't like it and will discourage the practice if they catch you.

Also, USAA's computer systems will throw weird errors if you try to add a third AU at any given time.  The USAA CSRs usually are unfamiliar with this and will not really know how to proceed.  My solution was to never have more than 2 AUs on my USAA CCs.
My USAA is still going strong after 3 years. I absolutely keep it to no more than 2 AUs at a time. Even though it's my highest payout card, I cringe a bit when I get an AU sale because of the hassle of adding the AU. They truly need an automated way of adding AUs.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 06, 2020, 12:55:05 PM
I don't know if they switched, but they did owe me in that range when I left.  I didn't like being that much of a creditor, and I couldn't come up with any good answer for why they were paying late.  And yes, being months overdue was not uncommon in my experience.

I would suggest everyone consider switching to avoid these payment issues.  I switched a year or so ago and it has been great.  Initially, I had cards with both old & new companies.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on September 06, 2020, 02:32:00 PM
For something that is supposed to be an easy and low effort side gig, following up with late and missing payments and getting frustrated at a simple lack of professionalism from new company was not worth it. Switched to a different TL company altogether and my only regret was that I didn’t do it sooner.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 06, 2020, 04:48:41 PM
Yeah, it went beyond frustrating to ridiculous. I've recommended people switch cards to Old Company for awhile for any cards they have that qualify (and now all cards, during this open enrollment period for any cards 6+ months of age). Anyone who still hasn't been paid, reach out to new company, and then to me if it is a problem.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 06, 2020, 04:52:41 PM
@arebelspy Do you know how long the enrollment period will be this time around?  I have another card to enroll that just hit 2 years....  Thanks for any info!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 06, 2020, 04:57:00 PM
@arebelspy Do you know how long the enrollment period will be this time around?  I have another card to enroll that just hit 2 years....  Thanks for any info!

They opened enrollment on the 15th of Aug, had about half the cards they wanted to add by the 28th of Aug. Cards maybe slowed coming in though so IDK? Could be a week, could be a month.

I'd enroll anything 6+ months now, even if you wait for it to hit a certain age (2+ years or whatever) to make it "live."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 06, 2020, 05:02:09 PM
Thanks!  Going to send today/tomorrow so it gets in the door, hopefully. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 06, 2020, 06:04:16 PM
I'd enroll anything 6+ months now, even if you wait for it to hit a certain age (2+ years or whatever) to make it "live."

Ah, so we can enroll now and put on hold until 2 years it sounds like.

Need to do that.  I was aging some but don't want to do the $50 a spot thing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 06, 2020, 06:12:21 PM
I'd enroll anything 6+ months now, even if you wait for it to hit a certain age (2+ years or whatever) to make it "live."

Ah, so we can enroll now and put on hold until 2 years it sounds like.

Need to do that.  I was aging some but don't want to do the $50 a spot thing.

Yeah, I absolutely would, cause who knows if they'll be enrolling when it hits that target date. Worth having it already set up, then put a calendar alert to email them and set it to active when it hits 2 years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on September 06, 2020, 07:05:23 PM
Had a whoops today.  Was adding someone to Barclay's and not paying attention to what I was doing.  Accidentally used my address instead of the AU's. By the time I realized what I had done,  I no longer had the correct address to use.  I immediately emailed New Company but with the holiday,  I don't expect this to be resolved in my favor. Any recommendations in the meantime?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 06, 2020, 08:19:25 PM
Had a whoops today.  Was adding someone to Barclay's and not paying attention to what I was doing.  Accidentally used my address instead of the AU's. By the time I realized what I had done,  I no longer had the correct address to use.  I immediately emailed New Company but with the holiday,  I don't expect this to be resolved in my favor. Any recommendations in the meantime?
Call the CC company and have them update the address for the AU. Shouldn't be an issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 06, 2020, 10:19:10 PM
Had a whoops today.  Was adding someone to Barclay's and not paying attention to what I was doing.  Accidentally used my address instead of the AU's. By the time I realized what I had done,  I no longer had the correct address to use.  I immediately emailed New Company but with the holiday,  I don't expect this to be resolved in my favor. Any recommendations in the meantime?
Call the CC company and have them update the address for the AU. Shouldn't be an issue.

+1.  New Company should give you the information again if you just explain the situation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on September 07, 2020, 07:18:00 AM
Misundecided, did you call in and add the social? I have used my address many times for the AU and it posted fine but I have added social security number via telephone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on September 07, 2020, 04:08:40 PM
When I clicked "added" all that info (his address, social, etc) was no longer accessible to me so I couldn't call in to add info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on September 07, 2020, 05:03:32 PM
I always cut and paste the user info into a document.  I started doing this when I began, worried that I might need to verify some of his info when I called in to remove the user.

Although that never happened, I did need the info in another situation. I called in an AU to citi and the CSR didn't ask for the address so I offered it, and he said they didn't need it.  So I went to the site online to add the address on my own to be safe.

 While there I checked the other older AU and his address had automatically been updated to the new one's address! I had to look up his info to change it back to what it should have been. (I had two different AUs, different addresses, different states. I had only changed the address on the brand new one. So it was just lucky that I thought to check the older one while I was online and that I still had his correct address to put in.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 07, 2020, 07:04:03 PM
When I clicked "added" all that info (his address, social, etc) was no longer accessible to me so I couldn't call in to add info.

As I said before, if you tell the TL company the situation, they'll give it to you again.  Hassle, but workable.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 07, 2020, 07:06:07 PM
I always cut and paste the user info into a document.  I started doing this when I began, worried that I might need to verify some of his info when I called in to remove the user.

I'm fairly certain that doing this is against the TL company's terms (at least, the TL companies recommended on this thread).  People may think it ironic, but it is a data security risk for the AU for you to have their name, SSN, DOB, address, etc. in an Excel file (or whatever).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on September 07, 2020, 08:56:57 PM
When I clicked "added" all that info (his address, social, etc) was no longer accessible to me so I couldn't call in to add info.

As I said before, if you tell the TL company the situation, they'll give it to you again.  Hassle, but workable.

Yes I reached out the moment I realized my error, but as I mentioned, with it being a holiday weekend I didn't expect, nor have I gotten, a response.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 07, 2020, 09:57:59 PM
When I clicked "added" all that info (his address, social, etc) was no longer accessible to me so I couldn't call in to add info.

As I said before, if you tell the TL company the situation, they'll give it to you again.  Hassle, but workable.

Yes I reached out the moment I realized my error, but as I mentioned, with it being a holiday weekend I didn't expect, nor have I gotten, a response.

Ah, it sounds like you said that before...apologies, I'm getting a bit forgetful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on September 07, 2020, 10:51:52 PM
Clearly, so am I! ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 08, 2020, 07:20:49 AM
The payment issues are so wide spread and have been happening for so long that I can't believe it's not intentional at this point.  You've mastered this business, all except being able to pay people on time? GTFO with that nonsense. 

I've had issues with the new company in the past, but I don't think I've reconciled any of my payments for 2020 yet (it's been a wild year and I've really not been paying close attention to my finances).  I suspect when I go to reconcile everything I'll be back to also bitch about delayed payments.

hooooo boy, I should have been more on top of paying attention to payments coming in (or not coming in rather).  Have they (new company) switched book keeping methods?  Previously the payments would show up in my bank account as something like "ACH Deposit COMPANY NAME TYPE: QUICKBOOKS CO: COMPANY NAME", but I haven't received a deposit since July 2019 even though I've had a lot of sales.  Currently seeing a $1,000 discrepancy between my orders and deposits to my checking account.  Some of that is recent stuff that shouldn't have posted, but at least half of it is long over due.

Paging @arebelspy to get to the bottom of this mystery. 

ETA: I've emailed my spreadsheet directly to arebelspy.


I was last paid in July and it was listed in Mint as "NEW COMPANY INC QUICKBOOKS PPD ID: 123456789"

Needed arebelspy to get me that payment (about $700 was owed at the time)

I'm caught up for now but expect another $850 by 12/31. I am not sure how much pressure to apply but I'd like to be current by EOY so as to be doing my taxes (and contributions) correctly. I expect another couple of hundred early next year.


I find you really, really need to track every sale on a spreadsheet. I put what card got a slot sold, the date, the name, the order #, the date I did the addition, the date I did the removal, how much I should get paid, what day I expect to be paid, and then if I did get paid. That way I can see how much is past due.

It sucks that they're absolutely terrible at paying out. But it is what it is. The owner guy never responds to emails. The woman who is the contact will reply but won't deal with bugging the owner guy about payments. Only arebelspy does anything useful.

Honestly I'd be fine letting the amount I'm owed grow and then get a payout only when it hits a large enough number, say every six months. It just sucks it's so hard to get them to do their job.

It's impossible to match up the payments to the sales though.  There is no identifying information on the deposits from the company, they are all listed identical. The only thing that varies is the amount they deposit, and sometimes it matches up to an expected sale, but sometimes it's more or less.  Sometimes deposits get double up and I'll have 2 TL sales get paid with a single transaction.  And all the payments are so late that it's impossible to match them up based on timing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 08, 2020, 08:40:57 AM
Just an FYI with the new company as well, I had/have an issue with them dropping the fee on a couple cards without even telling me. They were only dropped by $25 but should not have been as the CL's never changed or anything else that would have impacted the fee. I emailed about missing payments and the issue with the fees. Surprisingly I haven't heard back. </sarcasm>   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 08, 2020, 09:33:11 AM
Just an FYI with the new company as well, I had/have an issue with them dropping the fee on a couple cards without even telling me. They were only dropped by $25 but should not have been as the CL's never changed or anything else that would have impacted the fee. I emailed about missing payments and the issue with the fees. Surprisingly I haven't heard back. </sarcasm>

I encountered the same thing in 2018.  Supposedly they have another person with exact same name as me and got us mixed up, so I was receiving the normal payment which differed from the MMM referral payment (which was $25 more).  Supposedly got sorted out after getting arebelspy involved, but I still don't think they paid me all the money that was due.   I'm unsure if that $50 payment was to rectify some previous wrong payments, or is a new payment for a different AU.  Impossible to tell since none of their payments are coded or identified in anyway.  I planned to wait until more time past and I would be able to match everything up in retrospect, but that's also proving difficult now.  The only thing I can tell for sure is that there is a $1,000 discrepancy between sales and payments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 08, 2020, 03:20:17 PM
Just an FYI with the new company as well, I had/have an issue with them dropping the fee on a couple cards without even telling me. They were only dropped by $25 but should not have been as the CL's never changed or anything else that would have impacted the fee. I emailed about missing payments and the issue with the fees. Surprisingly I haven't heard back. </sarcasm>

I encountered the same thing in 2018.  Supposedly they have another person with exact same name as me and got us mixed up, so I was receiving the normal payment which differed from the MMM referral payment (which was $25 more).  Supposedly got sorted out after getting arebelspy involved, but I still don't think they paid me all the money that was due.   I'm unsure if that $50 payment was to rectify some previous wrong payments, or is a new payment for a different AU.  Impossible to tell since none of their payments are coded or identified in anyway.  I planned to wait until more time past and I would be able to match everything up in retrospect, but that's also proving difficult now.  The only thing I can tell for sure is that there is a $1,000 discrepancy between sales and payments.

I've kept track along the way with both Old and New Company exactly to avoid this situation.  Old Company makes it easier because they pay pretty regularly - any adds this month are paid end of next.  They don't itemize it by order, but if I ever am unsure I clarify with them so as to keep the running tally going.

(Of course I was the nerdy 17 year old manually reconciling my checkbook with my bank statement every month before Quicken.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 09, 2020, 05:41:09 AM
Just an FYI with the new company as well, I had/have an issue with them dropping the fee on a couple cards without even telling me. They were only dropped by $25 but should not have been as the CL's never changed or anything else that would have impacted the fee. I emailed about missing payments and the issue with the fees. Surprisingly I haven't heard back. </sarcasm>

I encountered the same thing in 2018.  Supposedly they have another person with exact same name as me and got us mixed up, so I was receiving the normal payment which differed from the MMM referral payment (which was $25 more).  Supposedly got sorted out after getting arebelspy involved, but I still don't think they paid me all the money that was due.   I'm unsure if that $50 payment was to rectify some previous wrong payments, or is a new payment for a different AU.  Impossible to tell since none of their payments are coded or identified in anyway.  I planned to wait until more time past and I would be able to match everything up in retrospect, but that's also proving difficult now.  The only thing I can tell for sure is that there is a $1,000 discrepancy between sales and payments.

I've kept track along the way with both Old and New Company exactly to avoid this situation.  Old Company makes it easier because they pay pretty regularly - any adds this month are paid end of next.  They don't itemize it by order, but if I ever am unsure I clarify with them so as to keep the running tally going.

(Of course I was the nerdy 17 year old manually reconciling my checkbook with my bank statement every month before Quicken.)

I keep diligent records. That's how I was able to figure this out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 09, 2020, 06:10:14 PM
@arebelspy Do you know how long the enrollment period will be this time around?  I have another card to enroll that just hit 2 years....  Thanks for any info!

They opened enrollment on the 15th of Aug, had about half the cards they wanted to add by the 28th of Aug. Cards maybe slowed coming in though so IDK? Could be a week, could be a month.

I'd enroll anything 6+ months now, even if you wait for it to hit a certain age (2+ years or whatever) to make it "live."

Thanks again.

PSA for anyone procrastinating :)    They are still taking cards.  I sent mine on Sunday and it was processed today.  So despite the "rush" only 2 days to process.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on September 11, 2020, 12:18:02 AM
Back in July, Discover blocked my account for a while. They wanted a 4506-T form. I sent it in and they unblocked the account.

In late August I was able to add an AU as usual.

I just tried to add another AU and this message popped up.
"Verification of your authorized users is in progress.We will notify you of a final decision in 3-5 days, but it can take up to 30 days if we need more information from you."

Anyone else get this message? Is this card done for?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 11, 2020, 05:09:23 AM
Back in July, Discover blocked my account for a while. They wanted a 4506-T form. I sent it in and they unblocked the account.

In late August I was able to add an AU as usual.

I just tried to add another AU and this message popped up.
"Verification of your authorized users is in progress.We will notify you of a final decision in 3-5 days, but it can take up to 30 days if we need more information from you."

Anyone else get this message? Is this card done for?
I get it from Discover occasionally. Typically it's not a big deal. One time they requested address verification documents for the AU but failed to notify me in time for the AU to post. I would just login to Discover daily to see what the status is. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on September 11, 2020, 08:53:12 AM
I have also gotten that message from discover and they resolved the issue in 3 business days. Keep checking on the website but if you call they will not rush it in time for posting IN my experience.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on September 11, 2020, 08:59:57 AM
Yes happened to me before and it was resolved in a few days.

With Discover you can request off cycle reporting, so if they don’t approve before your statement date you still have a shot.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on September 12, 2020, 09:10:33 AM
@MasterStache @BikeFanatic @MoneyTree
Thanks all for sharing your experiences.
Looks like it's verified this morning.
Might pause Discover for a while. Although it has been my most active seller.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 15, 2020, 12:01:34 PM
Well, with my first AU on my BoA card, they shut down all my cards (2 in total).  For irregular authorized user activity.  This was the first ever AU added to the card.  I've always used only cards that can get burned, so this won't hurt all that much.

Beware.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 15, 2020, 12:08:48 PM
Well, with my first AU on my BoA card, they shut down all my cards (2 in total).  For irregular authorized user activity.  This was the first ever AU added to the card.  I've always used only cards that can get burned, so this won't hurt all that much.

Beware.

Which company - Old, New, or Other?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2020, 12:16:58 PM
Dang, that's the fastest I've heard of. That sucks. :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on September 15, 2020, 01:20:43 PM
Well, with my first AU on my BoA card, they shut down all my cards (2 in total).  For irregular authorized user activity.  This was the first ever AU added to the card.  I've always used only cards that can get burned, so this won't hurt all that much.

Beware.
Could you please give a bit more details. Were you using the card beyond TL? How old was the card, or how long is your relationship with BoA. Did you have anything else with BoA (checking?). How long have you had the AU on the card? Did it have time to get posted?
I have one AU now on one out of my 3 BoA CCs, it's my first AU on this card. I was considering to open a checking with them, they have been begging me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on September 15, 2020, 02:27:54 PM
Well, with my first AU on my BoA card, they shut down all my cards (2 in total).  For irregular authorized user activity.  This was the first ever AU added to the card.  I've always used only cards that can get burned, so this won't hurt all that much.

Beware.

did they give you a chance to cash in rewards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WFUDEAC on September 15, 2020, 02:56:15 PM
Anyone not get paid by the OLD Company for end of August Commissions? The one that had a good payment record?

Typically they post like clock work and the portal shows "Commission Paid 8/31/2020" but nada in my bank account.

Sent an email and got a response that they're behind due to the influx of new card registrations.

Did they let the influx of new card registrations screw up their commission processing???
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2020, 02:59:29 PM
Oh boy. I hope that doesn't become a thing. That would be really frustrating. They've always had that all automated, I don't know why that would change. It shows payment made on the paychex website?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WFUDEAC on September 15, 2020, 03:01:54 PM
Oh boy. I hope that doesn't become a thing. That would be really frustrating. They've always had that all automated, I don't know why that would change. It shows payment made on the paychex website?

It shows paid on the card portal (not the paychex website). I don't know that I've ever used the paychex website other then to get my 1099 for 2019....

UPDATE: Just checked Paychex website and it is NOT listed there, so the OLD Company obviously did not process August Month-End Payroll :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 15, 2020, 03:11:00 PM
Oh boy. I hope that doesn't become a thing. That would be really frustrating. They've always had that all automated, I don't know why that would change. It shows payment made on the paychex website?

It shows paid on the card portal (not the paychex website). I don't know that I've ever used the paychex website other then to get my 1099 for 2019....

UPDATE: Just checked Paychex website and it is NOT listed there, so the OLD Company obviously did not process August Month-End Payroll :(

I got paid by Old Company on 8/28 for two AU adds (one in July, one in June that I think was late to post for some reason).  Card portal says paid 8/31.  Did not look at Paychex.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2020, 03:14:38 PM
My end of August payment also came through fine.

Do you happen to have Capital One enrolled with them? I do know they didn't do some July payouts because of a problem with Capital One (Capital One had a major update and dropped a lot of credit limits, they had 30+ orders impacted by that and were manually verifying with all the cardholders their limit).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Chaos703 on September 15, 2020, 05:00:24 PM
I just added my first AUs to a barclay card.  I unchecked the box to have them send me credit cards for the AUs.  Was that a mistake?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2020, 05:01:16 PM
I just added my first AUs to a barclay card.  I unchecked the box to have them send me credit cards for the AUs.  Was that a mistake?

It's fine. I always uncheck that. I do put in the AU's address though, as it does help it post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 15, 2020, 05:26:06 PM
My end of August payment also came through fine.

Same here.  Posted 8/31.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on September 15, 2020, 05:30:32 PM
Yes, posted 8/31 minus for the AUs on my 3 CCs from CapOne.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WFUDEAC on September 15, 2020, 05:47:39 PM
My end of August payment also came through fine.

Do you happen to have Capital One enrolled with them? I do know they didn't do some July payouts because of a problem with Capital One (Capital One had a major update and dropped a lot of credit limits, they had 30+ orders impacted by that and were manually verifying with all the cardholders their limit).

Yes - my card is CapOne
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2020, 06:17:56 PM
Yes, posted 8/31 minus for the AUs on my 3 CCs from CapOne.

Ah, so you had sales on Cap One cards and not Cap One cards and got paid for other cards, but not the Cap One cards?

Makes sense.

My end of August payment also came through fine.

Do you happen to have Capital One enrolled with them? I do know they didn't do some July payouts because of a problem with Capital One (Capital One had a major update and dropped a lot of credit limits, they had 30+ orders impacted by that and were manually verifying with all the cardholders their limit).

Yes - my card is CapOne

I'm guessing that's the issue. I'd reach out to them and ask for clarification.

Perhaps there was an oversight reaching out to you, and their response of "we've been busy with all the new cardholders" wasn't in regards to making payments (which we on time as scheduled) but in terms of dealing with the Capital One issue, and they assumed you had been reached out to and knew about it, and were explaining why it was still being looked into.

Total speculation here, but it fits with what they told me (re: pausing cap one payments while it's sorted out), what ilsy seems to be saying regarding getting a payment minus for AUs on CapOne cards, and the fact that you have a CapOne card.

Let us know what they say!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on September 15, 2020, 06:42:14 PM

Yes, posted 8/31 minus for the AUs on my 3 CCs from CapOne.

Ah, so you had sales on Cap One cards and not Cap One cards and got paid for other cards, but not the Cap One cards?

Makes sense.

Yes, that's correct. My sales on CapOne are marked as pending and should be paid next month (September). I have confirmed with them that my CL hasn't changed (got reduced) for any of my CapOne cards listed with them. Besides sending the Credit Karma screen shot they asked for, I also added my CapOne website screen shot for each of my CapOne cards.

From their email:
"When will July and August payment be made for Capital One?

Once, we complete individual verification of each Capital One account we will process your commission for July and August on September 30th."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2020, 06:43:44 PM
The weird thing then is WFUDEAC's showing paid on the portal, rather than pending.

Thanks for the detailed reply, ilsy!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on September 15, 2020, 06:47:54 PM
The weird thing then is WFUDEAC's showing paid on the portal, rather than pending.

Thanks for the detailed reply, ilsy!

Correction, on the portal they appear as paid, but on their itemized commission list that I request from them because I just get lost with all my cards that are pending from previous months, it shows as pending.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 16, 2020, 09:23:07 AM
I am planning to sign up for a whole round of as many no fee cards as I can to let them season for tradelines.   I also want to request a credit increase on my citi card (I inquired about moving some credit limit from one card to another, but citi said they don't do that and I have to request an increase for a specific card). 

I've applied for 2 cards simultaneously by having both applications open in separate tabs and submitting them within seconds of each other.  Will this same technique work for up to 4-5 different cards?  Should I request a credit increase on my citi before or after this round of applications, or is it not advisable to attempt both in such a short time period?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 16, 2020, 10:59:47 AM
I am planning to sign up for a whole round of as many no fee cards as I can to let them season for tradelines.   I also want to request a credit increase on my citi card (I inquired about moving some credit limit from one card to another, but citi said they don't do that and I have to request an increase for a specific card). 

I've applied for 2 cards simultaneously by having both applications open in separate tabs and submitting them within seconds of each other.  Will this same technique work for up to 4-5 different cards?  Should I request a credit increase on my citi before or after this round of applications, or is it not advisable to attempt both in such a short time period?

It's possible that will work.

About 10 years ago, there was a technique called "App-O-Rama", where people applied for many credit cards in a single day.  The theory was that the credit card companies couldn't see the apps in real time, and thus their application computers would evaluate each of the, say, 25 applications independently, being (un)blissfully unaware of the others.  It seemed as though their information about applications was only updated on a daily (nightly?) basis.  The AOR strategy tended to work really well.

Nowadays, it seems as though the information sharing is closer to real time, although it is plausible that it depends on the issuer - smaller issuers might not have done the IT and programming work.  The AOR strategy works less well now, although I still lean towards it for nostalgia as well as some practical reasons.

Even so, with an 830 credit score and a 30+ year credit history and no recent credit inquiries, I applied for 15 credit cards in a single evening (not nearly simultaneously, but I had the app links ready and just went through and did them sequentially).  I was approved for 10 and declined for 5.  This was about a year and a half ago - I was doing this sort of thing annually and just haven't gotten around to my ninth round this year due to other things going on in my life.

The current credit climate seems to be constricting, so regardless of your personal profile, you may be declined for that reason, or you may be given a card but with a low limit.

Based on all the above, and assuming you have a good credit score and good income, I think you could easily do 4 or 5 applications semi-simultaneously with good results.  Obviously YMMV.

...

As far as the CL increase goes, before or after both work.  It really depends on the relative value you place on the potentially higher CL with Citi vs. the new credit cards you want to apply for.  I used to do it after, because I was prioritizing things like sign up bonuses and, further back in time, 0% for a year offers.  Now, with piggybacking being a thing, the balance is probably shifted more towards cultivating existing lines.

I think I would probably look at my existing CL with Citi and it's age and compare those with the CL and income tiers at the piggybacking company you've got it registered with.  If I thought it was likely I could get it into the next income tier and it was already old enough to get whatever I considered to be decent commissions, I'd probably do the Citi CL first.

...

Whether doing both the apps and CL increase or just one or the other depends on your appetite for risk.  If you need pristine credit for a new home or car or a job application, or you're nervous, then hold off.  If you're a "gotta break a few eggs to make an omelet" kind of person, then consider both.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 16, 2020, 12:12:36 PM
Credit score is 825-830 according to credit karma.  I've been denied a capital one card for no discernable reason.  Those fuckers spam me with offers constantly, yet denied both me and my wife despite us being on paper, and in practice, the most credit worthy people possible.  The fact that they denied me for seemingly no reason when I didn't file any other applications or do anything related to my credit before that leads me to believe MMMV regardless of multiple applications. 

No need for pristine credit for anything in the near future.  Practically debt free (including mortgage), making $90k+/yr, and access to $100k in the event of an emergency like buying a new car.

My citi card is at a credit limit of $9,500.  The last time I requested an increase they arbitrarily bumped me to $9,500, but the card was selling more spots with the new company than my higher limit cards, so I left it at that despite the lower payout.   But I'd still like to increase it to the higher tiers, especially now that it's aging (just over 5 years old). 

I am in the process of pulling my cards from the new company and moving to the old company, and I currently have a couple AU on the citi card, so I won't be adding a new AU to that for another couple months anyway, so the limit increase can likely wait until after this round of cards. 

I don't really care about sign up bonuses or getting the best rewards, my goal is just to get more accounts that I can eventually sell tradelines on.  Based on what the old company is accepting I was planning to do the simultaneous app-o-rama for capital one, PNC, U.S. Bank, TD Bank, and BoA since I don't have any cards from those issuers. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 16, 2020, 02:38:47 PM
Sounds to me like you're thinking about it in a very reasonable manner.

I forgot to mention before that most of the big issuers have all sorts of rules about how many new cards of what type and in what time frame that can trip people up.  I don't know what the rules are offhand, but there are plenty of websites out there that have that sort of information.  Of course, the issuers change these rules over time and some of what is reported on those websites are messy data points, but if you can find one that is trustworthy the information can help tilt the odds somewhat more in your favor (compared to not doing this kind of research).

Issuers sometimes also have particular preferences.  For example, I *think* Wells Fargo wants you to have a checking and/or savings account with them and doing so will increase your chances of getting a WF CC.  I don't remember for sure, but I think Cap One may like to see higher utilization, so ironically if you had low utilization when you applied for the Cap One card that may have been a strike against you.

Your last paragraph hints at a complication for those of us in similar circumstances.  If you're already selling AUs on CCs from an issuer, and you apply for new card(s) from that same issuer, they will frequently transfer some of your limits from your high CL card in order to issue you the new card(s).  This is problematic, because the AUs you already have on the high CL card won't receive the benefit that the TL company sold them and for which they paid you a commission.  Other than not applying for new cards from issuers with cards on which you have existing AU sales, I don't know how to avoid this situation.  This is another thing that's kept me from doing another app spree, as I have cards with Old Company from four or five of the main issuers.

Overall, it has seemed to me that high income and high usage are two things that result in cards with high limits.  Having other cards from other issuers with high limits also seems to help, but that can obviously be a chicken/egg issue.  Requesting limit increases regularly and frequently has also seemed to work in the past, but I don't know how well doing that works these days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 16, 2020, 10:32:23 PM
I had a BoA account that was shut down due to tradelines earlier this year.  I don't have any accounts with any of the others I listed.  I was thinking of adding a second discover card since I now know I can have 2 account with them. 

I don't need pristine credit for anything in particular, but will it affect my tradeline sales?  I assume applying for 6 cards will be 6 hard inquiries, and each will lower my score 5-10 points, so potentially a 30-60 point drop bringing me to around 770-800.  Is my understanding of that correct? And does my credit score have an impact on raising the score of the AU, or does it strictly come from the perfect track record of the individual account?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 16, 2020, 10:41:34 PM
I had a BoA account that was shut down due to tradelines earlier this year.  I don't have any accounts with any of the others I listed.  I was thinking of adding a second discover card since I now know I can have 2 account with them. 

I don't need pristine credit for anything in particular, but will it affect my tradeline sales?  I assume applying for 6 cards will be 6 hard inquiries, and each will lower my score 5-10 points, so potentially a 30-60 point drop bringing me to around 770-800.  Is my understanding of that correct? And does my credit score have an impact on raising the score of the AU, or does it strictly come from the perfect track record of the individual account?

No, it won't affect tradeline sales.

For me hard inquiries only drop my score 2-5 points each.

Your credit score doesn't have any impact on raising the AU's score.  It strictly comes from the individual account, which is the only thing that is shared over from your account to theirs.  So the credit limit, payment history, age of account, and current balance are what matter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on September 17, 2020, 01:31:50 AM
I had a BoA account that was shut down due to tradelines earlier this year.  I don't have any accounts with any of the others I listed.  I was thinking of adding a second discover card since I now know I can have 2 account with them. 

I don't need pristine credit for anything in particular, but will it affect my tradeline sales?  I assume applying for 6 cards will be 6 hard inquiries, and each will lower my score 5-10 points, so potentially a 30-60 point drop bringing me to around 770-800.  Is my understanding of that correct? And does my credit score have an impact on raising the score of the AU, or does it strictly come from the perfect track record of the individual account?

I've done a minimum of 24 apps/CLI requests in the last 16 months and my credit score has only varied form about 800 to 819, currently at 815, barely touches it.  Exactly 50% success for both.  My success has dropped off lately, but I have done at least 9 in the last 2 months.  If rejected the most common reasons are too many recent applications or too many new CCs.  General credit pull back is probably affecting it also.  I have shifted to about 30/70 apps/CLI.  So with my recent lack of success is looks like my CLI are performing poorly, didn't expect that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 17, 2020, 09:28:27 AM
How do you add a name that has accented letters like á?  I got one final add today before I pulled my cards from new company and the name contains an á.   I tried entering it online (With the intention of calling in the SSN), but apparently I cannot type it into the field, and I also can't paste anything into the field, so I'm restricted to english letters. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 17, 2020, 10:27:57 AM
Answers about my BoA closure.

Just added the AUs.  2 cards.  Cards open around 5 years.  I do nothing with BoA other than cc's.  I typically only put enough dollars on them to report and only when there's an AU on it (what I do with all my cards).  I had zero rewards on them.  I believe they allow cashing in of any amount as I see I recently cashed in $1.17.  I do regularly cash rewards as soon as possible.

I'll re-iterate that I only use cards that can burn.  I've considered closing the BoA cards before learning about tradelines.  They don't give low balance forgiveness, so unlike Wells and Citi and Discover and USBank, they give me zilch without an Au. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 17, 2020, 11:57:29 AM
Answers about my BoA closure.

Just added the AUs.  2 cards.  Cards open around 5 years.  I do nothing with BoA other than cc's.  I typically only put enough dollars on them to report and only when there's an AU on it (what I do with all my cards).  I had zero rewards on them.  I believe they allow cashing in of any amount as I see I recently cashed in $1.17.  I do regularly cash rewards as soon as possible.

I'll re-iterate that I only use cards that can burn.  I've considered closing the BoA cards before learning about tradelines.  They don't give low balance forgiveness, so unlike Wells and Citi and Discover and USBank, they give me zilch without an Au.

@Car Jack, which TL company was this card with?  Old, New, or Other?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 17, 2020, 11:58:53 AM
How do you add a name that has accented letters like á?  I got one final add today before I pulled my cards from new company and the name contains an á.   I tried entering it online (With the intention of calling in the SSN), but apparently I cannot type it into the field, and I also can't paste anything into the field, so I'm restricted to english letters.

Several ways to do this.  See https://appuals.com/how-to-type-characters-with-accents-on-windows/ assuming you're using a Windows machine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 17, 2020, 12:44:43 PM
How do you add a name that has accented letters like á?  I got one final add today before I pulled my cards from new company and the name contains an á.   I tried entering it online (With the intention of calling in the SSN), but apparently I cannot type it into the field, and I also can't paste anything into the field, so I'm restricted to english letters.

Several ways to do this.  See https://appuals.com/how-to-type-characters-with-accents-on-windows/ assuming you're using a Windows machine.

I think the restriction is on citi's end.  I know how to type alternative characters and also use the copy/paste function, but citi's website doesn't allow any of that.  None of the commands to type it showed up in the field, and it seems like pasting into the fields was forbidden.  I just entered it without the accent, then called citi to add the SSN.  I have a hard time getting citi to type in plain english characters, or do anything, so I'm not sure they would have had the ability to type it exactly as I intended anyway.  Just adding the SSN took 4 explanations and 2 reps to accomplish. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 17, 2020, 01:01:12 PM
How do you add a name that has accented letters like á?  I got one final add today before I pulled my cards from new company and the name contains an á.   I tried entering it online (With the intention of calling in the SSN), but apparently I cannot type it into the field, and I also can't paste anything into the field, so I'm restricted to english letters.

Several ways to do this.  See https://appuals.com/how-to-type-characters-with-accents-on-windows/ assuming you're using a Windows machine.

I think the restriction is on citi's end.  I know how to type alternative characters and also use the copy/paste function, but citi's website doesn't allow any of that.  None of the commands to type it showed up in the field, and it seems like pasting into the fields was forbidden.  I just entered it without the accent, then called citi to add the SSN.  I have a hard time getting citi to type in plain english characters, or do anything, so I'm not sure they would have had the ability to type it exactly as I intended anyway.  Just adding the SSN took 4 explanations and 2 reps to accomplish.

Well, not surprising (Citi).  If it helps, I did have an AU post a long time ago where the last name was off by one letter ("Romanov" vs "Romamov" or something like that), so I'd be optimistic that if the SSN and DOB or address match and the name is close, your AU will likely post fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on September 17, 2020, 01:50:03 PM
Answers about my BoA closure.

Just added the AUs.  2 cards.  Cards open around 5 years.  I do nothing with BoA other than cc's.  I typically only put enough dollars on them to report and only when there's an AU on it (what I do with all my cards).  I had zero rewards on them.  I believe they allow cashing in of any amount as I see I recently cashed in $1.17.  I do regularly cash rewards as soon as possible.

I'll re-iterate that I only use cards that can burn.  I've considered closing the BoA cards before learning about tradelines.  They don't give low balance forgiveness, so unlike Wells and Citi and Discover and USBank, they give me zilch without an Au.
Thanks, that helps. I think I might be fine.
I use my BoA cards heavily outside of TLs and even though it's ok if they close, they are one of the rare cards that can transfer large amounts of cash and very fast to my bank account. And I only have one AU that is going to be removed next week, so we'll see. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 17, 2020, 02:08:30 PM
Answers about my BoA closure.

Just added the AUs.  2 cards.  Cards open around 5 years.  I do nothing with BoA other than cc's.  I typically only put enough dollars on them to report and only when there's an AU on it (what I do with all my cards).  I had zero rewards on them.  I believe they allow cashing in of any amount as I see I recently cashed in $1.17.  I do regularly cash rewards as soon as possible.

I'll re-iterate that I only use cards that can burn.  I've considered closing the BoA cards before learning about tradelines.  They don't give low balance forgiveness, so unlike Wells and Citi and Discover and USBank, they give me zilch without an Au.

@Car Jack, which TL company was this card with?  Old, New, or Other?

1 AU with the new company on one card.
2 AUs with the old company on the other card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on September 17, 2020, 02:52:37 PM
I had a BoA account that was shut down due to tradelines earlier this year.  I don't have any accounts with any of the others I listed.  I was thinking of adding a second discover card since I now know I can have 2 account with them. 

I don't need pristine credit for anything in particular, but will it affect my tradeline sales?  I assume applying for 6 cards will be 6 hard inquiries, and each will lower my score 5-10 points, so potentially a 30-60 point drop bringing me to around 770-800.  Is my understanding of that correct? And does my credit score have an impact on raising the score of the AU, or does it strictly come from the perfect track record of the individual account?

I've done a minimum of 24 apps/CLI requests in the last 16 months and my credit score has only varied form about 800 to 819, currently at 815, barely touches it.  Exactly 50% success for both.  My success has dropped off lately, but I have done at least 9 in the last 2 months.  If rejected the most common reasons are too many recent applications or too many new CCs.  General credit pull back is probably affecting it also.  I have shifted to about 30/70 apps/CLI.  So with my recent lack of success is looks like my CLI are performing poorly, didn't expect that.

Minor note: Just did a reconsideration for a rejected Chase CLI, called twice.  Chase has a hard line 'no' policy for too many cards opened in the past 2 years.  This includes CLI, which I found odd.  So if Chase is in your plans, do them first.

But this may be almost common knowledge for this thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on September 18, 2020, 02:16:33 AM
Silly question:

Just added 2 AUs to my Chase card online.  Didn't get a confirmation email and can't figure out how to confirm the AUs got processed.  Would also use that link to remove the AUs later.

How do I confirm online the AUs are on my Chase card?

Thanks in advance
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on September 18, 2020, 03:12:30 AM
I have found chase rather difficult when dealing with adding AU, not as simple as other banks, like Barclays  or discover, where you can see the users name and date added. You could call them and ask. I find that chase also will not take the social either. Of course you can also wait for the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 18, 2020, 05:06:22 AM
I'm having a hell of a time with payments for the new company. They finally sent another payment. I keep diligent records and the payment amount didn't add up. I sent an email asking for some details and finally got a rather short one sentence answer about getting payment for 2 adds. I supposedly got paid for an add in a month that never occurred and payment for an add literally 2 months ago that doesn't appear to have even posted yet. I had an add before that post but apparently still haven't been paid for that one yet. I mean I appreciate the business and all, I just don't get the half ass "payment system" that got going on. I've gotten several recent sales with them otherwise I would have high tailed it out of there like others.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ShellyFlorida on September 18, 2020, 11:00:10 AM
I just signed on with the Old company and received an AU. Yea! Citicard was not listed on the summary of the number of cycles per card but I was told that it was for two months. However, my order indicates to remove the AU in three months. I asked for clarification and was told that they were having some glitches in the system and that it indeed was a two month cycle and should be removed in mid November. However, online it still indicates Dec which would be 3 months. Has anyone else faced this issue and removed the AU in the “appropriate cycle month” instead of what it indicates on the order and it was OK?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on September 18, 2020, 11:07:28 AM
I just signed on with the Old company and received an AU. Yea! Citicard was not listed on the summary of the number of cycles per card but I was told that it was for two months. However, my order indicates to remove the AU in three months. I asked for clarification and was told that they were having some glitches in the system and that it indeed was a two month cycle and should be removed in mid November. However, online it still indicates Dec which would be 3 months. Has anyone else faced this issue and removed the AU in the “appropriate cycle month” instead of what it indicates on the order and it was OK?
Yes, just remove when they tell you it's ok to remove. They will not update the on line removal date.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 18, 2020, 12:03:52 PM
I just signed on with the Old company and received an AU. Yea! Citicard was not listed on the summary of the number of cycles per card but I was told that it was for two months. However, my order indicates to remove the AU in three months. I asked for clarification and was told that they were having some glitches in the system and that it indeed was a two month cycle and should be removed in mid November. However, online it still indicates Dec which would be 3 months. Has anyone else faced this issue and removed the AU in the “appropriate cycle month” instead of what it indicates on the order and it was OK?

I go by the date in the online portal as much as I can.  I don't care if some AU gets an "extra" month - it's no difference to me when I remove an AU because it's the same amount of work for me regardless of when it happens.

Occasionally, this will result in a situation where they've oversold my slots because they think I can remove one of the AUs before the date in the portal.  In this situation I explicitly email them and ask them what to do, and they usually tell me via return email that it's OK to remove one of the current AUs.  Then I follow their instructions.

It's always worked out just fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ShellyFlorida on September 18, 2020, 05:49:33 PM
@frugalnacho it’s my jnerstanding that one can get automatic $2k credit limits with Citicard every 6 months. I jut did it for the first time using the automated system. If you want more than that, you’ll need to speak with a representative and agree to a hard inquiry.

@ilsy and @secondcor521 thank you for your response.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 18, 2020, 09:29:34 PM
Just submitted all my apps.  TD Bank is down for maintenance, I didn't know that when I began app-o-rama.

Capital One - Approved
Discover - Approved

US Bank - Under Review

TD Bank - Couldn't apply

PNC Bank - Denied
BoA - Denied
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 18, 2020, 09:45:44 PM
Just submitted all my apps.  TD Bank is down for maintenance, I didn't know that when I began app-o-rama.

Capital One - Approved
Discover - Approved

US Bank - Under Review

TD Bank - Couldn't apply

PNC Bank - Denied
BoA - Denied

Did you submit all of them in one day? Any particular reason you applied for so many cards at the same time instead of applying one by one over time?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 18, 2020, 10:01:41 PM
I submitted them all within a few minutes of each other.  I applied for them all simultaneously in an attempt to sneak them all in and bamboozle them into approving me.  If I applied for them over time I'm afraid they pull my credit and see I've been applying for a new credit card every month and deny me.  I'm not sure how well it worked though.  I guess I will reapply for some of them later.

Just did app-o-rama for the wife:

BoA - Approved
Discover - Approved

Capital One - Requesting additional information regarding income
US Bank - Under Review

TD Bank - Couldn't apply

PNC Bank - Denied
Citi - Denied
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 18, 2020, 10:23:54 PM
And Citi denied me a credit increase.  I guess I'm forever stuck at $9,500 limit with citi.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 19, 2020, 06:43:37 AM
Man I am having a heck of a time getting approved for Cap One. My spouse has 2 cards with them. One is over a decade old and the AU spots fill up frequently. I think they don't like a lot of recent inquiries. And by a lot I mean really only a couple. She was also still under 5/24 and was approved for the new Chase Freedom Flex card. Not for tradelines but will help add to our stash of over 500K UR points. Went ahead and applied for another Barclaycard card as well and was approved. That will be for future tradelines. I wish Barclaycard had better sign up bonuses on their CCs. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on September 19, 2020, 07:12:28 AM
Which barclaycard?  How many cards do they let you have at a time?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 21, 2020, 09:13:19 AM
I submitted them all within a few minutes of each other.  I applied for them all simultaneously in an attempt to sneak them all in and bamboozle them into approving me.  If I applied for them over time I'm afraid they pull my credit and see I've been applying for a new credit card every month and deny me.  I'm not sure how well it worked though.  I guess I will reapply for some of them later.

Just did app-o-rama for the wife:

BoA - Approved
Discover - Approved

Capital One - Requesting additional information regarding income
US Bank - Under Review

TD Bank - Couldn't apply

PNC Bank - Denied
Citi - Denied

Just got the letter from citi and they cited "too many recent inquiries are reported on your credit bureau report" as the reason.   Apparently app-o-rama doesn't work and they report/check those in real time.  The citi card was applied to within a few minutes of all other apps, and there have been no other requests for credit in close to 2 years.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 21, 2020, 12:38:46 PM
Applied for a Barclaycard and got auto declined. Haven't applied for any cards since end of February, waited and hoped that I would qualify for a Barclaycard. I already have four cards with Barclays so maybe that's the reason. I couldn't even reach a person over the phone and ask why my application was declined. Will have to wait for the decline letter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 21, 2020, 04:10:08 PM
Applied for a Barclaycard and got auto declined. Haven't applied for any cards since end of February, waited and hoped that I would qualify for a Barclaycard. I already have four cards with Barclays so maybe that's the reason. I couldn't even reach a person over the phone and ask why my application was declined. Will have to wait for the decline letter.

I cannot confirm personally but I believe someone in this thread recently indicated 4 max at one time.  I think they said you could close 1 and open a 5th (4 at one time).  Hopefully, the poster will confirm these details for all of us.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 22, 2020, 08:15:11 PM
Did they pull your credit score? Also did you have high utilization on these cards?

From Credit Karma, it looks like they did a soft pull.  (I could be wrong but I think they used to do a hard pull).

Very low utilization on both.  $0 on one and $50/monthly charge on the second.

I was mistaken about soft pull for credit limit increases for Barclays.  It was indeed a hard pull.

I went to do this again for my BC cards and noticed the verbiage on the page for CLI request.  In checking credit karma again for wife, I see it is a hard inquiry.  Not sure why I thought it was soft last month.  Any way, I didn't want to hose anyone up who is monitoring their inquiries closely.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on September 22, 2020, 11:21:56 PM
I've found this site very helpful when trying to remember things like how many cards you can have for each issure, hard pulls vs soft pulls, success rate in reallocating limits, etc.

https://www.doctorofcredit.com/credit-card-reference-pages/#Things_You_Should_Know_About_Each_Card_Issuer
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on September 23, 2020, 07:06:32 AM
That is a very concise article on multiple banks that issue cards, thanks for that Money Tree
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ShellyFlorida on September 23, 2020, 07:36:06 AM
@frugalnacho I saw that you wrote the following a few months ago.
"I'm pretty sure tangling up the AU with your credit report entangles them with your address as well.  I've also gotten stuff in the mail when I didn't use my own address, so now I simply use my own address for each one because it's easier."

Have you had any issues with using your own address? Which cards did you use it with? Both Chase and Discover specifically indicate to use the AU's address and not my own. Because Chase doesn't take the SSN, I was wondering if it would even work without their specific address. Just curious as much as anything. I don't have my Chase signed up with the Tradeline company but was going to add my own personal AU to it.

Any insight from others is appreciated.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 23, 2020, 08:07:53 AM
@frugalnacho I saw that you wrote the following a few months ago.
"I'm pretty sure tangling up the AU with your credit report entangles them with your address as well.  I've also gotten stuff in the mail when I didn't use my own address, so now I simply use my own address for each one because it's easier."

Have you had any issues with using your own address? Which cards did you use it with? Both Chase and Discover specifically indicate to use the AU's address and not my own. Because Chase doesn't take the SSN, I was wondering if it would even work without their specific address. Just curious as much as anything. I don't have my Chase signed up with the Tradeline company but was going to add my own personal AU to it.

Any insight from others is appreciated.

I don't sell AU spots on chase cards.  All cards I sell/sold on take the SSN.  I've sold on BoA, citi, discover, barclays (haven't actually sold a spot on barclay yet).  Discover lets you add online so I use the AU address for that.  For citi and BoA I would just use my address.  I did previously follow the companies recommendation and put the AU address for citi and BoA, but I would still get spam offers addressed to the AU at my address, so now I simply say to use the same address since it seems so much easier.  The only thing I have had not post has been 2 out of 15 spots on my citi card, and I don't think it had anything to do with the address and everything to do with the new company giving me the adds extremely close to my closing date, and citi having technical issues getting the AU onto my account in a timely manner.  Always frustrating to see that a TL was purchased two weeks prior and the new company waited until 24 hours before my closing date to notify me to add the AU to my account.  I understand they have to complete background checks and such and the TL may not be immediately ready following the purchase, but based on the pattern is seems like they get the purchase and simply wait until just before my closing date to notify me to add for some reason, even when there seems to be no reason to wait. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chicagomeg on September 23, 2020, 09:06:55 AM
Does anyone have issues with actually receiving the cards? My postal carrier is super fanatical about not delivering mail if their name isn't on the box. I see the mail in my USPS informed delivery but so far I'm 0/3 on receiving them. It makes me a little nervous to have them floating around in the universe, and I'm not sure if it will make me more likely to get shut down by the issuers if they get returned to sender.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 23, 2020, 11:27:35 AM
@frugalnacho I saw that you wrote the following a few months ago.
"I'm pretty sure tangling up the AU with your credit report entangles them with your address as well.  I've also gotten stuff in the mail when I didn't use my own address, so now I simply use my own address for each one because it's easier."

Have you had any issues with using your own address? Which cards did you use it with? Both Chase and Discover specifically indicate to use the AU's address and not my own. Because Chase doesn't take the SSN, I was wondering if it would even work without their specific address. Just curious as much as anything. I don't have my Chase signed up with the Tradeline company but was going to add my own personal AU to it.

Any insight from others is appreciated.

I now always use the AU address, because I always follow the TL company's recommendations as best I can.

In the past, I've sometimes used my address when I've been concerned about the CC getting sent to the AU, or when it seemed difficult to add the address (like with USAA over the phone, which took a long time to do).  I think I only used mine when the CC company also took the name, DOB, and SSN.

My personal theory, which matches the data I've seen but could still be wrong, is that it takes three pieces of data to match a CL to a person's credit report, and you're given four:  name, address, DOB, and SSN.  I also think that *if* a CL is matched to a person's credit report and a different address is supplied (such as yours), then that address will be added to the AU's credit report.  This in turn, makes it possible that you'll get mail addressed to your AUs.  I do get AU mail sometimes; I just chuck it in the trash.

Another thing that I've had happen once is that an AU of mine whom I had added with my address was watching their credit report like a hawk.  They saw the new address (mine) which wasn't theirs on their credit report, and they freaked out thinking it was identity theft.  They did some internet sleuthing and found my phone number associated with my address, and started text messaging me and asking me if I knew anything about the identity theft going on.  Since I am not supposed to contact AUs per the TL company's guidelines, I reached out to the TL company and they talked with the AU, and cleared it all up.  A minor hassle.

Does anyone have issues with actually receiving the cards? My postal carrier is super fanatical about not delivering mail if their name isn't on the box. I see the mail in my USPS informed delivery but so far I'm 0/3 on receiving them. It makes me a little nervous to have them floating around in the universe, and I'm not sure if it will make me more likely to get shut down by the issuers if they get returned to sender.

Not here, but it varies by mail carrier.  I *think* that the USPS is supposed to deliver all mail to an address regardless of the name (unless you tell them otherwise with a change of address form), but I'm not sure about that.  If you wanted to, you could talk to your local postmaster and ask them to make sure that you get all the mail addressed to your property.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 23, 2020, 01:00:39 PM
Does anyone have issues with actually receiving the cards? My postal carrier is super fanatical about not delivering mail if their name isn't on the box. I see the mail in my USPS informed delivery but so far I'm 0/3 on receiving them. It makes me a little nervous to have them floating around in the universe, and I'm not sure if it will make me more likely to get shut down by the issuers if they get returned to sender.

I get cards all the time.  And collection agency letters.  And letters from creditors to tell the AU that the account is going to collections.  Always makes me wonder what these people are thinking.....pay money to become an AU to improve their score, then stop paying bills. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on September 23, 2020, 06:22:45 PM
My mail carrier always delivers the cards, but I'm pretty sure he thinks I'm doing something shady. After the 30th or so envelope addressed to someone who doesn't live here arrived, he wrote a question mark on the outside of the envelope! lol, I just chuckled - I can only imagine what he thinks of me (not that I care).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 24, 2020, 06:20:14 AM
Does anyone have issues with actually receiving the cards? My postal carrier is super fanatical about not delivering mail if their name isn't on the box. I see the mail in my USPS informed delivery but so far I'm 0/3 on receiving them. It makes me a little nervous to have them floating around in the universe, and I'm not sure if it will make me more likely to get shut down by the issuers if they get returned to sender.

I get cards all the time.  And collection agency letters.  And letters from creditors to tell the AU that the account is going to collections.  Always makes me wonder what these people are thinking.....pay money to become an AU to improve their score, then stop paying bills.
Same here. I even get occasional phone calls for which I just tell them they have the wrong number and I never hear back from them. Our mail carrier delivers everything including sometimes the neighbors mail. I'm not even sure he looks at the names. Probably just glances at the address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 24, 2020, 11:38:14 AM
Does anyone have issues with actually receiving the cards? My postal carrier is super fanatical about not delivering mail if their name isn't on the box. I see the mail in my USPS informed delivery but so far I'm 0/3 on receiving them. It makes me a little nervous to have them floating around in the universe, and I'm not sure if it will make me more likely to get shut down by the issuers if they get returned to sender.

This has been reported by others in this thread (or the part I thread).  It does not happen to me but I use a PO BOX which can be a bit different on delivery.  I do not think this will affect your sales or create additional shutdown risk.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 24, 2020, 11:59:47 AM
Clearly, someone is selling addresses.  Just received an offer from Progressive for insurance targeted at a long ago AU.  His name comes in various letters all the time.  Most are from collection agencies, but insurance companies seem to like sending letters as well, offering to write insurance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 24, 2020, 06:32:56 PM
Clearly, someone is selling addresses.  Just received an offer from Progressive for insurance targeted at a long ago AU.  His name comes in various letters all the time.  Most are from collection agencies, but insurance companies seem to like sending letters as well, offering to write insurance.

Don't want to get too off track but I think that is standard business nowadays.  Address gets on credit report.  Credit report data is sold to ad companies, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: goodlivin23 on September 26, 2020, 04:09:42 PM
Hi all,
I'm trying to keep track of all the great info on this subject. I want to try to open up a new card (I have one of almost everyone listed on this chain). Which cards do NOT have a lifetime AU add? Also, which cards have you personally found to be the easiest for TLs? THANK YOU!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DavidAnnArbor on September 27, 2020, 04:04:04 PM
Hi all,
I'm trying to keep track of all the great info on this subject. I want to try to open up a new card (I have one of almost everyone listed on this chain). Which cards do NOT have a lifetime AU add? Also, which cards have you personally found to be the easiest for TLs? THANK YOU!

Barclays is the easiest. It's all done online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 27, 2020, 06:29:55 PM
Hi all,
I'm trying to keep track of all the great info on this subject. I want to try to open up a new card (I have one of almost everyone listed on this chain). Which cards do NOT have a lifetime AU add? Also, which cards have you personally found to be the easiest for TLs? THANK YOU!

Barclays is the easiest. It's all done online.

Agreed, but they do have an AU limit.  I hit it on one of mine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on September 28, 2020, 11:14:04 AM
Barclays - hands down is the best, even with the AU limit.

Discover - is good too, but they have a limit of 2 cards per user and will periodically review their accounts for suspicious AU activity

Citi - is not that great, but better than nothing. Require a call in for the SSN and sometimes they will inexplicably not post anyways.

Capital One - works well, all online adds, but they seem to be quick to restrict your accounts, and they also have recently dropped a lot of user's credit limits, which can affect your payouts
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 28, 2020, 02:54:20 PM
Agree about Barclays, of course.

Elan is pretty good too.  All online.  Unknown if there are any AU limits or a limit to the # of cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 28, 2020, 03:00:18 PM
What are some good Elan cards to apply for?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on October 02, 2020, 01:53:43 PM
My Synch account got suddenly closed. I don't know how many AUs I had with them, but the card was less than 2 years,  (two years this month) with 20k CL. They were also very secretive about the closure, I learned from my other CCs and Credit monitoring apps that they closed the account. Called them and they were unable to provide any info, and said I can apply for another card with them, I applied immediately and got approved. A week after the closure received a letter from them telling I had too many AUs. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on October 02, 2020, 02:45:42 PM
Hi all,
I'm trying to keep track of all the great info on this subject. I want to try to open up a new card (I have one of almost everyone listed on this chain). Which cards do NOT have a lifetime AU add? Also, which cards have you personally found to be the easiest for TLs? THANK YOU!

Barclays is the easiest. It's all done online.

Agreed, but they do have an AU limit.  I hit it on one of mine.


Hey Car Jack, what is the Barclaycard limit?
Once you hit it, do they close your card down?
And if so, were you able to open a new account shortly after?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 03, 2020, 06:46:59 AM
Hi all,
I'm trying to keep track of all the great info on this subject. I want to try to open up a new card (I have one of almost everyone listed on this chain). Which cards do NOT have a lifetime AU add? Also, which cards have you personally found to be the easiest for TLs? THANK YOU!

Barclays is the easiest. It's all done online.

Agreed, but they do have an AU limit.  I hit it on one of mine.


Hey Car Jack, what is the Barclaycard limit?
Once you hit it, do they close your card down?
And if so, were you able to open a new account shortly after?
Not sure the limit (It's on one of these pages), but they won't close your card down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on October 03, 2020, 08:01:14 AM
I did not count, but I have heard Barclays limits AU to 30 to 35. I hit my limit of users and did not get shut down but could not add anymore. Also TD has a limit I hit it, and I would guess 25 users, that is what they told me over the phone, But I feel I added a few more that’s that with TD. They were also very generous with the amount of users at a time, once I had 8 on there. With Barclays I maxed at five users at a time and did not run into any issues until I hit the limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on October 03, 2020, 08:59:52 AM
The rep at the New Company told me Barclay's has a lifetime limit of 25-35, but I've seen comments on this thread of people who have gone over 35 before being capped . One thought he'd had 40-50.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 03, 2020, 07:52:29 PM
What are some good Elan cards to apply for?

I posted one from valley bank a couple of weeks back.  Others posted some also.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 03, 2020, 07:55:19 PM
Agree about Barclays, of course.

Elan is pretty good too.  All online.  Unknown if there are any AU limits or a limit to the # of cards.

Well, elan restricted my card.  They cited pattern of adding & removing authorized users.

21 AU's over 2 years, so a good run.

Hope I was unlucky and they are not going to get more aggressive with others.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 03, 2020, 07:57:22 PM
Agree about Barclays, of course.

Elan is pretty good too.  All online.  Unknown if there are any AU limits or a limit to the # of cards.

Well, elan restricted my card.  They cited pattern of adding & removing authorized users.

21 AU's over 2 years, so a good run.

Hope I was unlucky and they are not going to get more aggressive with others.

If they didn't outright cancel the card and only restricted it, oftentimes those restrictions are temporary.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 05, 2020, 06:22:24 AM
Hi all,
I'm trying to keep track of all the great info on this subject. I want to try to open up a new card (I have one of almost everyone listed on this chain). Which cards do NOT have a lifetime AU add? Also, which cards have you personally found to be the easiest for TLs? THANK YOU!

Barclays is the easiest. It's all done online.

Agreed, but they do have an AU limit.  I hit it on one of mine.


Hey Car Jack, what is the Barclaycard limit?
Once you hit it, do they close your card down?
And if so, were you able to open a new account shortly after?

I'm not sure the number.  It was a "new, low limit" card at $25 a shot and always got 2 AUs on it.  So probably 2 year's worth (so 24 AUs?).

They did not close the account.  I had 2 AUs not post (the tradeline co notified me).  I since tested by adding my wife and it did post.....so I don't know.  I did not open another card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 05, 2020, 04:14:24 PM
Agree about Barclays, of course.

Elan is pretty good too.  All online.  Unknown if there are any AU limits or a limit to the # of cards.

Well, elan restricted my card.  They cited pattern of adding & removing authorized users.

21 AU's over 2 years, so a good run.

Hope I was unlucky and they are not going to get more aggressive with others.

If they didn't outright cancel the card and only restricted it, oftentimes those restrictions are temporary.

Good to know.  Thanks!

I think they may have cancelled it based on subsequent credit monitoring alerts but I need to look into this more.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 05, 2020, 07:55:55 PM
Has anyone applied for a second Fidelity credit card if you already had one? Did you get approved and was the credit line lower for the second card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on October 07, 2020, 05:06:59 PM
So after following this thread for a few years, and having opened and seasoned a few cards, I finally signed up with the old company.  I just got my first sale today!  Woo hoo!!

It was on my Barclay's card.  I did the online add (pretty simple), but there's no place to add the SSN.  Looking at the PDF instructions from the company, it mentions only name, address and DOB.  So I assume I'm good?

I'm sure this has been asked and answered many times already.  Sorry for the repeat.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aetherie on October 07, 2020, 05:12:01 PM
So after following this thread for a few years, and having opened and seasoned a few cards, I finally signed up with the old company.  I just got my first sale today!  Woo hoo!!

It was on my Barclay's card.  I did the online add (pretty simple), but there's no place to add the SSN.  Looking at the PDF instructions from the company, it mentions only name, address and DOB.  So I assume I'm good?

I'm sure this has been asked and answered many times already.  Sorry for the repeat.

Yep, for Barclays you can just ignore the SSN.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 07, 2020, 05:14:51 PM
Yep, but make sure to put the AU's address, so it will post without the SSN.

I've never had a Barclays not post, and I've never called in to add the SSN.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 08, 2020, 05:11:28 AM
Yep, but make sure to put the AU's address, so it will post without the SSN.

I've never had a Barclays not post, and I've never called in to add the SSN.

I've had dozens of Barclaycard sales and had exactly 1 not post. To this day I still have no ideal why. Just a freak anomaly I guess. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on October 09, 2020, 12:37:59 AM
Re. delayed payments and [New Company]

Just wanted to share that I emailed [New Company] Saturday about a few delayed payments. I included the relevant card, the AUs' initials and when I added them. Payment is now in my account!

While ideally no reminder would be needed, the speed of this response was great.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 09, 2020, 12:59:25 AM
Edited your post to remove the person's name and replace w/ which company you were talking about.

Thanks for posting that update!

I'm glad to hear it. I believe a few members have reached out lately and gotten paid. Definitely a hassle/annoyance, but it does seem everyone is getting paid, so that's good at least.

I'd still recommend old company over new, due to the automated payments and higher sales, but if/when old company isn't enrolling cards, new company is a good place to put them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 09, 2020, 07:55:56 AM
The payment issues are so wide spread and have been happening for so long that I can't believe it's not intentional at this point.  You've mastered this business, all except being able to pay people on time? GTFO with that nonsense. 

I've had issues with the new company in the past, but I don't think I've reconciled any of my payments for 2020 yet (it's been a wild year and I've really not been paying close attention to my finances).  I suspect when I go to reconcile everything I'll be back to also bitch about delayed payments.

hooooo boy, I should have been more on top of paying attention to payments coming in (or not coming in rather).  Have they (new company) switched book keeping methods?  Previously the payments would show up in my bank account as something like "ACH Deposit COMPANY NAME TYPE: QUICKBOOKS CO: COMPANY NAME", but I haven't received a deposit since July 2019 even though I've had a lot of sales.  Currently seeing a $1,000 discrepancy between my orders and deposits to my checking account.  Some of that is recent stuff that shouldn't have posted, but at least half of it is long over due.

Paging @arebelspy to get to the bottom of this mystery. 

ETA: I've emailed my spreadsheet directly to arebelspy.

Finally heard back from [Edit: New Company] a few days ago, and just had a $600 backlog payment post to my account.  Still have another $475 coming, but those are for recent adds that wouldn't be paid out yet, so I'll get the rest of that as they come due hopefully. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: shingy on October 12, 2020, 11:08:46 AM
I decided a couple months ago to open some new cards so I can start seasoning them for future tradeline selling. Based on the info from this awesome thread, I first applied for and was approved for a Barclays card in August. Now, I want to open a second and possibly third and I'm not sure which ones to apply for. I currently have cards with Barclays, Citi, Chase, and Bank of America. Given that, I've narrowed the list down to the following issuers: Discover, PNC, US Bank, and Capital One. Which of these should I apply for and in what order? Also, is it ok to apply for two cards at the same time, or should I wait a few months between each?

Thanks in advance for your help and feedback.

-Jason
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 12, 2020, 11:31:58 AM
I decided a couple months ago to open some new cards so I can start seasoning them for future tradeline selling. Based on the info from this awesome thread, I first applied for and was approved for a Barclays card in August. Now, I want to open a second and possibly third and I'm not sure which ones to apply for. I currently have cards with Barclays, Citi, Chase, and Bank of America. Given that, I've narrowed the list down to the following issuers: Discover, PNC, US Bank, and Capital One. Which of these should I apply for and in what order? Also, is it ok to apply for two cards at the same time, or should I wait a few months between each?

Thanks in advance for your help and feedback.

-Jason

For piggybacking purposes, the thing I prefer to focus on is ease of adding and removing AUs.  High credit limits and not getting shut down are also useful features.  USBank (and Chase IIRC) can add online and remove via a SM.  CapOne (and Barclays) can add and remove online.  I don't know about the others.

If you don't have too many cards already (and by too many I mean 10+) and aren't worried about the near-term credit hit, then you can probably apply for two cards and get approved for both pretty easily.  You do also want to be sure that you're following the issuer rules and restrictions (Chase 5/24 for example; other issuers have other less famous rules that they enforce).  But if it's two cards by two different issuers I can't imagine a problem there.  You can read about the issuer restrictions on Doctor of Credit and probably elsewhere as well.

As far as order goes, I usually order my apps in order of importance or value to me of getting the card.  Since you're only doing two, you could have both apps filled out and open in two tabs on your browser and then try to submit them as simultaneously as possible.  Doing it this way makes it somewhat possible that the two issuers' computers will not see your app to the other.  Of course if you aren't auto-approved and a human looks at it, they'll probably notice the other app.  Even so, applying for two cards isn't that strange.  Credit analysts do look askance at application sprees though and will be somewhat concerned with large numbers of apps at one time (been there, done that, have the t-shirt).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 12, 2020, 12:35:43 PM
I decided a couple months ago to open some new cards so I can start seasoning them for future tradeline selling. Based on the info from this awesome thread, I first applied for and was approved for a Barclays card in August. Now, I want to open a second and possibly third and I'm not sure which ones to apply for. I currently have cards with Barclays, Citi, Chase, and Bank of America. Given that, I've narrowed the list down to the following issuers: Discover, PNC, US Bank, and Capital One. Which of these should I apply for and in what order? Also, is it ok to apply for two cards at the same time, or should I wait a few months between each?

Thanks in advance for your help and feedback.

-Jason

For piggybacking purposes, the thing I prefer to focus on is ease of adding and removing AUs.  High credit limits and not getting shut down are also useful features.  USBank (and Chase IIRC) can add online and remove via a SM.  CapOne (and Barclays) can add and remove online.  I don't know about the others.

If you don't have too many cards already (and by too many I mean 10+) and aren't worried about the near-term credit hit, then you can probably apply for two cards and get approved for both pretty easily.  You do also want to be sure that you're following the issuer rules and restrictions (Chase 5/24 for example; other issuers have other less famous rules that they enforce).  But if it's two cards by two different issuers I can't imagine a problem there.  You can read about the issuer restrictions on Doctor of Credit and probably elsewhere as well.

As far as order goes, I usually order my apps in order of importance or value to me of getting the card.  Since you're only doing two, you could have both apps filled out and open in two tabs on your browser and then try to submit them as simultaneously as possible.  Doing it this way makes it somewhat possible that the two issuers' computers will not see your app to the other.  Of course if you aren't auto-approved and a human looks at it, they'll probably notice the other app.  Even so, applying for two cards isn't that strange.  Credit analysts do look askance at application sprees though and will be somewhat concerned with large numbers of apps at one time (been there, done that, have the t-shirt).

Discover is also added/removed online. Super easy.

I'm skeptical that submitting the apps simultaneously can actually bamboozle anyone based on my recent experience of applying for 13 cards between myself and my wife.  I didn't submit them simultaneously, but some within seconds of each other, and all within a few minute time span.  Many of the rejections were instantaneous and the reasoning given in the follow up letter was that I had applied for too many credit accounts recently.  Since I haven't applied for a new card in like 2 years, they must be talking about the accounts I applied to just seconds before submitting their application.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: friendofwealth on October 12, 2020, 01:16:01 PM
I still have two AUs on my Discover card that were added back in August. I was going to remove them tomorrow, 10/13/2020, per the removal date indicated by the Old Company.

I received two new orders today. When I tried to add two new AUs on my Discover card today, I got the following message:

You've reached the maximum number of requests to add Authorized Users at this time.
You'll be able to add your next Authorized User on 11/13/2020 if you have fewer than 5 Authorized Users at that time.


I only have two AUs posted on my card right now. I should still be able to add three more AUs, but it looks like Discover is doing some kind of check to see how many AUs have been added the past few months and it looks like there's some kind of limit now.

Has anyone else encountered this?

Thank you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on October 12, 2020, 01:20:37 PM
A database can be updated in a fraction of a second. There's no reason to think that you clicking submit on two applications as quickly as you can (probably taking 1-2 second) will outrun the computer. Especially since credit card companies have a vested interest in denying credit to someone trying to submit multiple applications simultaneously. Even for those of us just trying to take advantage of tradelines or rewards. There's also fraud prevention. How many completely fraudulent credit card applications are submitted by bots or some person committing identity theft? Limiting applications is a risk management strategy. Better to have only one card approved than 5-10 which could be used for fraud - ultimately leaving the credit card company (well the bank issuing the card) on the hook.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DeniseNJ on October 13, 2020, 05:19:28 AM
I still have two AUs on my Discover card that were added back in August. I was going to remove them tomorrow, 10/13/2020, per the removal date indicated by the Old Company.

I received two new orders today. When I tried to add two new AUs on my Discover card today, I got the following message:

You've reached the maximum number of requests to add Authorized Users at this time.
You'll be able to add your next Authorized User on 11/13/2020 if you have fewer than 5 Authorized Users at that time.


I only have two AUs posted on my card right now. I should still be able to add three more AUs, but it looks like Discover is doing some kind of check to see how many AUs have been added the past few months and it looks like there's some kind of limit now.

Has anyone else encountered this?
This just happened to me this morning!  I have 4 on right now.  They must have done some sort of sweep.  But I didn't see anywhere a max number of users in a period, only not more than 5 at a time.  My message says until April--ugh
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: friendofwealth on October 13, 2020, 09:33:20 AM
I still have two AUs on my Discover card that were added back in August. I was going to remove them tomorrow, 10/13/2020, per the removal date indicated by the Old Company.

I received two new orders today. When I tried to add two new AUs on my Discover card today, I got the following message:

You've reached the maximum number of requests to add Authorized Users at this time.
You'll be able to add your next Authorized User on 11/13/2020 if you have fewer than 5 Authorized Users at that time.


I only have two AUs posted on my card right now. I should still be able to add three more AUs, but it looks like Discover is doing some kind of check to see how many AUs have been added the past few months and it looks like there's some kind of limit now.

Has anyone else encountered this?
This just happened to me this morning!  I have 4 on right now.  They must have done some sort of sweep.  But I didn't see anywhere a max number of users in a period, only not more than 5 at a time.  My message says until April--ugh

Sorry to hear that happened to you too.

Here are the number of AUs I've had on my Discover card for reference. Maybe it's 5 AUs per six months?
September 2019:2
October 2019:2
February 2020:2
April 2020:1
June 2020:2
August 2020:2
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 14, 2020, 05:42:20 PM
I just got this email:


Hello Credit Partners,

We are writing to our credit partner network to let you know that Discover appears to have made some policy changes in regards to the volume of authorized users (AU’s) they are allowing their card holders to add and remove every year.
 
We have been able to confirm directly with Discover that they say their new policy is 7 AU’s every year, possibly on a rolling 12 month cycle. However, we are also watching our statistics closely and we have more than one confirmed instance of a credit partner still being able to add an AU with more than 7 AU’s in their history in the last 12 months and more than one instance of a credit partner with less than 7 AU’s in the last year being restricted on adding AU’s. Therefore, it does not appear that these rules are being enforced uniformly across the board with everyone.
 
In response, we have temporarily reduced the maximum number of AU’s to one per Discover card while we continue to monitor and track stats on the situation.
 
If you receive a message from Discover saying that you cannot add another AU until a certain date, please let us know that date so we can note you account.
 
We will keep you informed on any new developments we find out as the information comes in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: friendofwealth on October 14, 2020, 08:36:03 PM
I just got this email:


Hello Credit Partners,

We are writing to our credit partner network to let you know that Discover appears to have made some policy changes in regards to the volume of authorized users (AU’s) they are allowing their card holders to add and remove every year.
 
We have been able to confirm directly with Discover that they say their new policy is 7 AU’s every year, possibly on a rolling 12 month cycle. However, we are also watching our statistics closely and we have more than one confirmed instance of a credit partner still being able to add an AU with more than 7 AU’s in their history in the last 12 months and more than one instance of a credit partner with less than 7 AU’s in the last year being restricted on adding AU’s. Therefore, it does not appear that these rules are being enforced uniformly across the board with everyone.
 
In response, we have temporarily reduced the maximum number of AU’s to one per Discover card while we continue to monitor and track stats on the situation.
 
If you receive a message from Discover saying that you cannot add another AU until a certain date, please let us know that date so we can note you account.
 
We will keep you informed on any new developments we find out as the information comes in.

Thanks for sharing this info. At least Discover isn't shutting down accounts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on October 15, 2020, 09:22:15 AM
re: Discover
We enrolled my wife's card in Jan 2019 and have had 19 AU's so far (7 of them this year).
We went to remove an AU on 9/14 but her online Discover account was locked and a message told us to call.
They had sent a couple of emails to us a couple of weeks prior but my wife never read them (junk mail, she thought).
It turns out, they are going through a verification process,  Equifax is requesting a Form 4506-T from the IRS for my wife.  Ugh.

We won't get access to our online Discover account until the review is over.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on October 15, 2020, 11:09:20 PM
Old company really slowed down for me in the past few months and then did not pay me until I emailed them months after they should have paid. I may have to say good bye to them altogether.

This whole gig was better a few years ago for sure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 15, 2020, 11:10:35 PM
Old company really slowed down for me in the past few months and then did not pay me until I emailed them months after they should have paid. I may have to say good bye to them altogether.

This whole gig was better a few years ago for sure.

Old company's payments are all automated monthly. Did you mean new company? They're the only ones with late payments AFAIK.

For me it's as good as it's ever been, old company is seeing tons of growth/sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on October 15, 2020, 11:45:27 PM
another DP on Discover. I got a message that I've reached my AU limit and they won't let me add more until after my statement closing date in December.

I've added 8 AUs this year (2020) and 2 in November of 2019.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: powskier on October 16, 2020, 12:08:21 AM
Old company really slowed down for me in the past few months and then did not pay me until I emailed them months after they should have paid. I may have to say good bye to them altogether.

This whole gig was better a few years ago for sure.

Old company's payments are all automated monthly. Did you mean new company? They're the only ones with late payments AFAIK.

For me it's as good as it's ever been, old company is seeing tons of growth/sales.
No, I mean Old company for sure ( it was the only company on here for a while...as you know since you are the Godfather and all...:). ), it super slowed down for me and the payments just stopped. The new company has been consistent and easy to deal with.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 16, 2020, 12:14:52 AM
Old company really slowed down for me in the past few months and then did not pay me until I emailed them months after they should have paid. I may have to say good bye to them altogether.

This whole gig was better a few years ago for sure.

Old company's payments are all automated monthly. Did you mean new company? They're the only ones with late payments AFAIK.

For me it's as good as it's ever been, old company is seeing tons of growth/sales.
No, I mean Old company for sure ( it was the only company on here for a while...as you know since you are the Godfather and all...:). ), it super slowed down for me and the payments just stopped. The new company has been consistent and easy to deal with.

That's weird, and I agree with ARS that your descriptions seem backward to me.  If you want to PM me the name of what you think is the Old Company that you're having problems with, I can confirm.  Of course, unlike @arebelspy, I can't help you with payment issues since I'm not the Godfather.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 16, 2020, 08:17:25 AM
When your account gets shut down/restricted due to tradelines:

(https://i.kym-cdn.com/photos/images/newsfeed/001/449/977/aba.gif)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: shingy on October 17, 2020, 05:07:56 PM
For piggybacking purposes, the thing I prefer to focus on is ease of adding and removing AUs.  High credit limits and not getting shut down are also useful features.  USBank (and Chase IIRC) can add online and remove via a SM.  CapOne (and Barclays) can add and remove online.  I don't know about the others.

If you don't have too many cards already (and by too many I mean 10+) and aren't worried about the near-term credit hit, then you can probably apply for two cards and get approved for both pretty easily.  You do also want to be sure that you're following the issuer rules and restrictions (Chase 5/24 for example; other issuers have other less famous rules that they enforce).  But if it's two cards by two different issuers I can't imagine a problem there.  You can read about the issuer restrictions on Doctor of Credit and probably elsewhere as well.

As far as order goes, I usually order my apps in order of importance or value to me of getting the card.  Since you're only doing two, you could have both apps filled out and open in two tabs on your browser and then try to submit them as simultaneously as possible.  Doing it this way makes it somewhat possible that the two issuers' computers will not see your app to the other.  Of course if you aren't auto-approved and a human looks at it, they'll probably notice the other app.  Even so, applying for two cards isn't that strange.  Credit analysts do look askance at application sprees though and will be somewhat concerned with large numbers of apps at one time (been there, done that, have the t-shirt).

Discover is also added/removed online. Super easy.

I'm skeptical that submitting the apps simultaneously can actually bamboozle anyone based on my recent experience of applying for 13 cards between myself and my wife.  I didn't submit them simultaneously, but some within seconds of each other, and all within a few minute time span.  Many of the rejections were instantaneous and the reasoning given in the follow up letter was that I had applied for too many credit accounts recently.  Since I haven't applied for a new card in like 2 years, they must be talking about the accounts I applied to just seconds before submitting their application.

A database can be updated in a fraction of a second. There's no reason to think that you clicking submit on two applications as quickly as you can (probably taking 1-2 second) will outrun the computer. Especially since credit card companies have a vested interest in denying credit to someone trying to submit multiple applications simultaneously. Even for those of us just trying to take advantage of tradelines or rewards. There's also fraud prevention. How many completely fraudulent credit card applications are submitted by bots or some person committing identity theft? Limiting applications is a risk management strategy. Better to have only one card approved than 5-10 which could be used for fraud - ultimately leaving the credit card company (well the bank issuing the card) on the hook.

Thank you guys for your thoughts on this. I ended up applying for the "Discover it Cash" and "US Bank Cash+" cards at around the same time (separated by about 15 min). I applied for the Discover card first and was instantly approved, but the application for US Bank was not approved immediately and is being further reviewed, likely because I just applied for the other card. So, hopefully that will be approved as well. Thanks again for your help.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on October 19, 2020, 03:04:46 PM
Officially hit 5 figures this year for the first time on tradeline sales! Big thanks to @arebelspy for turning me onto this! To date I've made a little over $23k selling tradelines!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nickelwise on October 19, 2020, 04:35:52 PM
Officially hit 5 figures this year for the first time on tradeline sales! Big thanks to @arebelspy for turning me onto this! To date I've made a little over $23k selling tradelines!

Nice, Ducky! What's your card inventory look like?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on October 19, 2020, 05:56:10 PM
Officially hit 5 figures this year for the first time on tradeline sales! Big thanks to @arebelspy for turning me onto this! To date I've made a little over $23k selling tradelines!

Nice, Ducky! What's your card inventory look like?

I have a few Barclay between DW and I, plus Citi and Discover.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 20, 2020, 08:43:35 AM
Officially hit 5 figures this year for the first time on tradeline sales! Big thanks to @arebelspy for turning me onto this! To date I've made a little over $23k selling tradelines!
+1
I may reach 5 figures in sales this year as well. Discover being put on hold may put me just under the 10K mark.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 20, 2020, 09:01:00 AM
Got a funny add today from the new company.  Like this.

First name: Joe
Last name: Joe Blow

Yah, I emailed them to ask.  I think the AU screwed up and the tradeline company just let it slide right through.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PVkcin on October 20, 2020, 09:50:17 AM
I'm new to tradelines and just added my first AU.  I have a question - once I get my credit card bill, can I pay it off right away? (I just want to make sure the balance on that credit card posts to the AU's credit bureau account, and I'm not sure if I pay it off right away if the credit card company will still report the last bill balance to the AU's credit report?).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nickelwise on October 20, 2020, 09:51:04 AM
Yes you can. Just make sure every monthly statement has charges on it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 20, 2020, 12:25:22 PM
Officially hit 5 figures this year for the first time on tradeline sales! Big thanks to @arebelspy for turning me onto this! To date I've made a little over $23k selling tradelines!

Officially hit 5 figures this year for the first time on tradeline sales! Big thanks to @arebelspy for turning me onto this! To date I've made a little over $23k selling tradelines!
+1
I may reach 5 figures in sales this year as well. Discover being put on hold may put me just under the 10K mark.

Awesome, love to hear it guys! :D

A five figure year is fantastic, especially for a side-gig that takes such little time/effort.

The title of this thread still makes me laugh, as earning $1000/hour and making (tens of?) thousands of dollars a year while sitting at home in your pajamas sounds like such a fake get rich quick scam.

Love to hear how many Mustachians it's helping accelerate towards FI, or help secure the post-FI finances. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 20, 2020, 09:42:10 PM
Question about Fidelity cards. Some people earlier in this thread mentioned that Fidelity closed their cards after they sold a certain number of tradelines (around 10 if i remember). If Fidelity closes your card for selling tradelines and you have more than one Fidelity card, does it close just that card or all your cards with them? If you also have investment accounts with Fidelity, do these get closed too?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on October 21, 2020, 05:47:08 AM
Got a funny add today from the new company.  Like this.

First name: Joe
Last name: Joe Blow

Yah, I emailed them to ask.  I think the AU screwed up and the tradeline company just let it slide right through.

Years ago in Elementary school our Apple IIe computer lab got a new program that was basically a primitive chat room. You were only allowed to use your name as it came pre-loaded with the names of all the kids in the school. I discovered that you could type in the name of a kid in say 1st grade (I was in 6th at the time) that would never know about this or create a login, thus allowing you some anonymity. There was actually a 3rd grader named "Joe Blow". I can't imagine what parent would name their child that, or if it was a joke left in by the developer. I had some fun posting as Joe Blow before people realized they could just walk around the room to see who was posting what. Ironically I was home sick on the day that everyone got in trouble for this practice of spoofing that I had started.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 21, 2020, 11:38:53 AM
Question about Fidelity cards. Some people earlier in this thread mentioned that Fidelity closed their cards after they sold a certain number of tradelines (around 10 if i remember). If Fidelity closes your card for selling tradelines and you have more than one Fidelity card, does it close just that card or all your cards with them? If you also have investment accounts with Fidelity, do these get closed too?

Here is my experience.  Fidelity card closed by Elan.  Other card issued by elan unaffected (so far - it has been a couple of weeks).  Fidelity accounts are unaffected.  I don't do a lot of business with Fidelity but several accounts are still there & working.

BTW, I wonder if my elan/fidelity closure was triggered by opening a new elan issued card.  All happened in the same ~30 days.  I thought I was smart getting a new elan card to season for two years.  Not so sure now.  However, this could be a coincidence.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 21, 2020, 11:41:27 AM
Question about Fidelity cards. Some people earlier in this thread mentioned that Fidelity closed their cards after they sold a certain number of tradelines (around 10 if i remember). If Fidelity closes your card for selling tradelines and you have more than one Fidelity card, does it close just that card or all your cards with them? If you also have investment accounts with Fidelity, do these get closed too?

Here is my experience.  Fidelity card closed by Elan.  Other card issued by elan unaffected (so far - it has been a couple of weeks).  Fidelity accounts are unaffected.  I don't do a lot of business with Fidelity but several accounts are still there & working.

BTW, I wonder if my elan/fidelity closure was triggered by opening a new elan issued card.  All happened in the same ~30 days.  I thought I was smart getting a new elan card to season for two years.  Not so sure now.  However, this could be a coincidence.

Thanks for the reply! What other Elan card did you open?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 21, 2020, 11:47:14 AM
valley bank
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 21, 2020, 05:05:14 PM
valley bank

What credit limit did you get if you don't mind me asking? Are they generous with credit limits compared to other issuers?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 21, 2020, 07:04:51 PM
valley bank

What credit limit did you get if you don't mind me asking? Are they generous with credit limits compared to other issuers?

20K limit.  Seems in line with other lenders.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 21, 2020, 07:06:43 PM
valley bank

What credit limit did you get if you don't mind me asking? Are they generous with credit limits compared to other issuers?

20K limit.  Seems in line with other lenders.

That's what I got on my Fidelity card too
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on October 24, 2020, 07:36:59 PM
Does anyone have a current payout schedule they can send me (for the Old Company)? I have been out of the game a few years and I am just getting organized to start back up.

Thanks in advance!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 24, 2020, 07:47:03 PM
Does anyone have a current payout schedule they can send me (for the Old Company)? I have been out of the game a few years and I am just getting organized to start back up.

Thanks in advance!

This post (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2676897/#msg2676897) should still be accurate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on October 24, 2020, 07:52:37 PM
Does anyone have a current payout schedule they can send me (for the Old Company)? I have been out of the game a few years and I am just getting organized to start back up.

Thanks in advance!

This post (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2676897/#msg2676897) should still be accurate.

Thanks for the super fast response. I see the post for cards 6 mos-2 years, but not for cards older than 2 years. Do you have that info handy?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 24, 2020, 07:57:51 PM
Oh, yeah, good point.

This is the current payout schedule for cards over two years old:
Spoiler: show

2-Month Cycle Commission for:
Barclays, BBVA, Discover, TD Bank, PNC, Synch(CareCredit), US Bank and Elan
    Limit $10,000 - $15,000 and 2+ years old - $75 per spot
    Limit $15,001 - $20,000 and 2+ years old - $125 per spot
    Limit $20,001 - $30,000 and 2+ years old - $175 per spot
    Limit $30,001 - $40,000 and 2+ years old - $200 per spot
    Limit $40,001 - or more and 2+ years old - $225 per spot
    Limit $40,001 - or more and 10+ years old - $300 per spot

3-Month Cycle Commission for:
Capital One and NFCU
    Limit $10,000 - $15,000 and 2+ years old - $125 per spot
    Limit $15,001 - $20,000 and 2+ years old - $150 per spot
    Limit $20,001 - $30,000 and 2+ years old - $200 per spot
    Limit $30,001 - $40,000 and 2+ years old - $250 per spot
    Limit $40,001 - or more and 2+ years old - $275 per spot
    Limit $40,001 - or more and 10+ years old - $350 per spot

4-Month Cycle Commission for:
Chase and Bank of America
    Limit $10,000 - $15,000 and 2+ years old - $175 per spot
    Limit $15,001 - $20,000 and 2+ years old - $200 per spot
    Limit $20,001 - $30,000 and 2+ years old - $250 per spot
    Limit $30,001 - $40,000 and 2+ years old - $275 per spot
    Limit $40,001 - or more and 2+ years old - $350 per spot
    Limit $40,001 - or more and 10+ years old - $400 per spot
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 27, 2020, 08:32:09 AM
I'm sure lots of you maximize cards that are either aging for tradelines or aren't accepted by doing the low balance forgiveness thing, adding either 99 cents or $1.99 to your amazon gift card.  Well, I did this with my Citizen's Bank Visa with 99 cents and got unexpected results.  The 99 cents was not forgiven, but my automatic payment didn't pay.  I found this out when going in a couple months later, having bought a $500 Visa gift card at Stop & Shop for 3X gas points (yet 2 more "scams" I work).  I go to redeem my $25 accumulated bonus at Citizens and it won't let me, saying the account is ineligible for rewards.  I call and ask why.  They say that because my account is past due, I can't get rewards.  I'm like "what?  I'm on auto pay.  How can I be past due?".  They upgrade to a supervisor and figure out that since their MINIMUM payment for auto pay is $1, it didn't accept the 99 cent payment.  They did correct the whole thing and there's no charges or fees or credit reporting or anything, but what a freaking clown show.  I was able to redeem this morning.

Just something to keep your eye on if you're always looking for more freebies out there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Joel on October 27, 2020, 02:09:25 PM
I'm sure lots of you maximize cards that are either aging for tradelines or aren't accepted by doing the low balance forgiveness thing, adding either 99 cents or $1.99 to your amazon gift card.  Well, I did this with my Citizen's Bank Visa with 99 cents and got unexpected results.  The 99 cents was not forgiven, but my automatic payment didn't pay.  I found this out when going in a couple months later, having bought a $500 Visa gift card at Stop & Shop for 3X gas points (yet 2 more "scams" I work).  I go to redeem my $25 accumulated bonus at Citizens and it won't let me, saying the account is ineligible for rewards.  I call and ask why.  They say that because my account is past due, I can't get rewards.  I'm like "what?  I'm on auto pay.  How can I be past due?".  They upgrade to a supervisor and figure out that since their MINIMUM payment for auto pay is $1, it didn't accept the 99 cent payment.  They did correct the whole thing and there's no charges or fees or credit reporting or anything, but what a freaking clown show.  I was able to redeem this morning.

Just something to keep your eye on if you're always looking for more freebies out there.

We use Citizens Bank for our treasury needs at the company I work for. They are absolutely terrible in every which way possible. Your experience is typical with every thing about them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PVkcin on October 28, 2020, 08:20:42 AM
Just to clarify - I don't need to actually activate the authorize's users card for the tradeline to post, do I? (I just added my first ever AU about two weeks ago. I got an email from Discover to remind me to activate my authorize user's card - I actually already destroyed the card).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 28, 2020, 08:59:35 AM
Correct, you do not.

But do put a small charge on your card for that account. That will help it post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 29, 2020, 10:19:13 AM
Well damn I got a the dreaded fraud department call from USAA today. No more AUs on that card. They at least didn't shut down my account and were nice about it. It was my highest paying card by far but also the biggest PITA to add and remove AUs. To be honest I am surprised the card lasted over 3 years. You win some you lose some.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 30, 2020, 06:35:37 AM
A tip and a story.

When you receive an AU's card, put it somewhere and keep it until it is removed.  Why?  If the TL doesn't post in the AU's report for some reason, snapping a picture of it proves you added the card and saves you the payment.  Happened to me and I was happy I kept the card.  Some card websites have only an "add authorized user" capability but no ability to see AUs.

Sort of funny and filed under my "what are they thinking?" part of my brain:  A somewhat long ago AU's collection letters are starting to be a regular thing.  Last week, on one day, one letter offering to settle an $82k debt to $49k.  Another from a different collector simply telling them that they owe $18k.  What the hell are these people doing?  Paying to become an AU to buy a car or something, then letting their unpaid debts tank their score?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on October 30, 2020, 06:44:09 AM
I think it more likely it's an old debt, and one of the reasons they were trying to raise their score.

Typically by the time a debt gets to a debt collector, it has aged a bit. Often it bounces between collectors if they are unable to successfully collect.

So you may be getting a letter from an unpaid debt that was years before.

Also, why are you opening mail addressed to a (former) AU? Just mark as unknown recipient, return to sender and stick it back in the outgoing mail. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 30, 2020, 09:17:34 AM
A tip and a story.

When you receive an AU's card, put it somewhere and keep it until it is removed.  Why?  If the TL doesn't post in the AU's report for some reason, snapping a picture of it proves you added the card and saves you the payment.  Happened to me and I was happy I kept the card.  Some card websites have only an "add authorized user" capability but no ability to see AUs.

 

AFAIK if a tradeline doesnt post for whatever reason, the seller doesn't get paid. I had two or three instances and never even tried to argue with the tradeline company. Sometimes tradelines don't post even if you enter everything correctly and check many times. Also, some banks like Barclays have an option to add an AU and not send you an actual card. I try to minimize the number of cards sent to me. It just looks shady to the mailman if you receive dozens of credit cards all sent to different persons at your address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: stopper24 on October 31, 2020, 06:36:17 AM
Hi, I am new to this and have a few questions.

What companies are relatively easy to get high card limits (high initial limit, allow reallocating of credit between cards, generous in granted limit increases)? I feel Chase if fairly easy to get a high limit but what about others?

What are people's experience with some of the less popular companies (ie BBVA, Elan, NFCU, PNC, Synch Bank, USAA, Fidelity etc.)? Which ones are easier/harder to add/remove with more/less risk of shutdown? Any hidden gems?

Which companies do you feel safe listing multiple cards at a time (ie 2 Barclays cards) vs maximum of one card at a time?

Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 01, 2020, 11:41:39 AM

Also, why are you opening mail addressed to a (former) AU? Just mark as unknown recipient, return to sender and stick it back in the outgoing mail. :)

Entertainment partly and don't want the mail carrier to start returning stuff that's not in our names.  I've read others here who have mail carriers who won't deliver something with another addressee's name.  Don't need to tempt fate there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on November 02, 2020, 07:32:39 AM

Also, why are you opening mail addressed to a (former) AU? Just mark as unknown recipient, return to sender and stick it back in the outgoing mail. :)

Entertainment partly and don't want the mail carrier to start returning stuff that's not in our names.  I've read others here who have mail carriers who won't deliver something with another addressee's name.  Don't need to tempt fate there.

It also doesn't work.  It will get rid of that particular piece of mail, but all future mail to that name end up in my mailbox.  We've owned our house for 10 year now, and it was vacant and in foreclosure for years before that, and we still get mail for the former residents.  We must have returned-to-sender dozens of pieces of mail for the former residents, but no matter how many we send back they keep coming regularly.   It's not quite as bad with the AU I add, but I still get lots of mail for them, and it's the same story - return to sender is useless.

Our policy now is that anything addressed to our address, but not us, gets tossed in the garbage.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 02, 2020, 07:43:05 AM

Also, why are you opening mail addressed to a (former) AU? Just mark as unknown recipient, return to sender and stick it back in the outgoing mail. :)

Entertainment partly and don't want the mail carrier to start returning stuff that's not in our names.  I've read others here who have mail carriers who won't deliver something with another addressee's name.  Don't need to tempt fate there.

It also doesn't work.  It will get rid of that particular piece of mail, but all future mail to that name end up in my mailbox.  We've owned our house for 10 year now, and it was vacant and in foreclosure for years before that, and we still get mail for the former residents.  We must have returned-to-sender dozens of pieces of mail for the former residents, but no matter how many we send back they keep coming regularly.   It's not quite as bad with the AU I add, but I still get lots of mail for them, and it's the same story - return to sender is useless.

Our policy now is that anything addressed to our address, but not us, gets tossed in the garbage.

Talk to the local post office.

I had done the return to sender thing with no effect when we moved in here like 4 times in the first 2 months, clearly not getting the hint, then I had a stack of former owner mail I needed to return to sender, and I was going to the P/O anyways, so I brought it and gave it to them and mentioned it was former owner and they were like "did you put in change of address?" and thought it was weird and was like "I'll talk to your mail carrier" (and I'm not like in a small town or something, county population 800k+, 20m north of seattle). Stopped getting mail for them.

Still get mail addressed to other people (which is good, I wouldn't want them rejecting anything but our names), but when I return to sender a specific one it stops. May not work for you, but it might.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: waltworks on November 02, 2020, 12:32:32 PM
Just PM'd you, @arebelspy

I'm stuck at home with a 1 year old while my wife emergency substitute teaches for covid quarantiners. Cutting up and welding metal isn't really an option as usual... but I can mess around on a computer, and I have a bunch of old high limit credit cards... so why not?

-W
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on November 04, 2020, 06:36:54 AM
I need an advice.  I made a mistake and added AU to a wrong card. What do I do now?  Do I do nothing and let it just not post or do I email the company and let them know? Either way I know I'm not getting $, but wondering if I need to tell the company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on November 04, 2020, 06:55:54 AM
I need an advice.  I made a mistake and added AU to a wrong card. What do I do now?  Do I do nothing and let it just not post or do I email the company and let them know? Either way I know I'm not getting $, but wondering if I need to tell the company.

Yes, tell the company.
Maybe they can shift the order to another card that meets the client's criteria.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on November 04, 2020, 07:29:07 AM
I need an advice.  I made a mistake and added AU to a wrong card. What do I do now?  Do I do nothing and let it just not post or do I email the company and let them know? Either way I know I'm not getting $, but wondering if I need to tell the company.

Yes, tell the company.
Maybe they can shift the order to another card that meets the client's criteria.
But that card is not even enrolled :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 04, 2020, 07:33:48 AM
I need an advice.  I made a mistake and added AU to a wrong card. What do I do now?  Do I do nothing and let it just not post or do I email the company and let them know? Either way I know I'm not getting $, but wondering if I need to tell the company.

Yes, tell the company.
Maybe they can shift the order to another card that meets the client's criteria.
But that card is not even enrolled :(

They can shift it to a different person's card.

You need to tell them simply because the client will be affected. They have someone who paid to get added to a specific card (age/limit) as an AU. It didn't happen. They need to be made aware so they can reach out to the person, fix it, etc. If that person is expecting the bump for a particular purpose, this could affect them quite a bit.

You can always offer to add them to the correct card as well. But yes, contact them ASAP.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 04, 2020, 07:36:49 AM
Agree with everyone else.  I actually did this last month.  I had 2 cards from the same issuer and with the same CL.  Both were enrolled and had due dates relatively close together,  so that helped of course.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on November 05, 2020, 04:23:53 AM
I need an advice.  I made a mistake and added AU to a wrong card. What do I do now?  Do I do nothing and let it just not post or do I email the company and let them know? Either way I know I'm not getting $, but wondering if I need to tell the company.

Yes, tell the company.
Maybe they can shift the order to another card that meets the client's criteria.
But that card is not even enrolled :(

They can shift it to a different person's card.

You need to tell them simply because the client will be affected. They have someone who paid to get added to a specific card (age/limit) as an AU. It didn't happen. They need to be made aware so they can reach out to the person, fix it, etc. If that person is expecting the bump for a particular purpose, this could affect them quite a bit.

You can always offer to add them to the correct card as well. But yes, contact them ASAP.
Thanks.  I notified them. They can't do anything about it but appreciated being told.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on November 06, 2020, 03:07:24 AM
I have a 20k Discover & Capital One card listed with the old company that I have been trying to get over that magic 20k level.  On both cards I have a attempted a CLI a few times but keep getting turned down for "low usage of existing line of credit in previous month(s)".

Most of my spending goes on my Discover.  In the last 6 months I charged 3k, the prior 6 months to that I charged 9.4k (12.4k total).  Paying the balance in full every month.  I called for reconsideration on Discover but failed, I attempted to get the rep to tell me how much spending I needed, but all he would tell me is "more".

Does anyone know how much spending and over what time period is needed to get a CLI above 20k (for both Discover and Capital One)?

FYI, at the moment I am focusing my spending on Discover.  Once I get a successful CLI I will switch spending to the Capital One card.  I am also starting to look for more creative ways to spend, like paying utilities with the cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on November 06, 2020, 05:21:03 AM
I have a 20k Discover & Capital One card listed with the old company that I have been trying to get over that magic 20k level.  On both cards I have a attempted a CLI a few times but keep getting turned down for "low usage of existing line of credit in previous month(s)".

Most of my spending goes on my Discover.  In the last 6 months I charged 3k, the prior 6 months to that I charged 9.4k (12.4k total).  Paying the balance in full every month.  I called for reconsideration on Discover but failed, I attempted to get the rep to tell me how much spending I needed, but all he would tell me is "more".

Does anyone know how much spending and over what time period is needed to get a CLI above 20k (for both Discover and Capital One)?

FYI, at the moment I am focusing my spending on Discover.  Once I get a successful CLI I will switch spending to the Capital One card.  I am also starting to look for more creative ways to spend, like paying utilities with the cards.

I'm not really sure anyone can answer that. But I will tell you my lower CL Barclaycard routinely sells more slots than my higher CL Barclaycard. So much so that I've actually considered dropping the CL on the higher limit card. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on November 07, 2020, 04:52:19 AM
I have a 20k Discover & Capital One card listed with the old company that I have been trying to get over that magic 20k level.  On both cards I have a attempted a CLI a few times but keep getting turned down for "low usage of existing line of credit in previous month(s)".

Most of my spending goes on my Discover.  In the last 6 months I charged 3k, the prior 6 months to that I charged 9.4k (12.4k total).  Paying the balance in full every month.  I called for reconsideration on Discover but failed, I attempted to get the rep to tell me how much spending I needed, but all he would tell me is "more".

Does anyone know how much spending and over what time period is needed to get a CLI above 20k (for both Discover and Capital One)?

FYI, at the moment I am focusing my spending on Discover.  Once I get a successful CLI I will switch spending to the Capital One card.  I am also starting to look for more creative ways to spend, like paying utilities with the cards.

I'm not really sure anyone can answer that. But I will tell you my lower CL Barclaycard routinely sells more slots than my higher CL Barclaycard. So much so that I've actually considered dropping the CL on the higher limit card.
but you will eventually run out of slots, and over time the higher CL card earn more than the lower CL one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on November 07, 2020, 05:33:37 AM
I have a 20k Discover & Capital One card listed with the old company that I have been trying to get over that magic 20k level.  On both cards I have a attempted a CLI a few times but keep getting turned down for "low usage of existing line of credit in previous month(s)".

Most of my spending goes on my Discover.  In the last 6 months I charged 3k, the prior 6 months to that I charged 9.4k (12.4k total).  Paying the balance in full every month.  I called for reconsideration on Discover but failed, I attempted to get the rep to tell me how much spending I needed, but all he would tell me is "more".

Does anyone know how much spending and over what time period is needed to get a CLI above 20k (for both Discover and Capital One)?

FYI, at the moment I am focusing my spending on Discover.  Once I get a successful CLI I will switch spending to the Capital One card.  I am also starting to look for more creative ways to spend, like paying utilities with the cards.

I'm not really sure anyone can answer that. But I will tell you my lower CL Barclaycard routinely sells more slots than my higher CL Barclaycard. So much so that I've actually considered dropping the CL on the higher limit card.
but you will eventually run out of slots, and over time the higher CL card earn more than the lower CL one.
Yep! That's precisely why I haven't dropped the limit. Logic prevails ( :
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chicagomeg on November 07, 2020, 09:01:11 AM
Can you guys clarify for me how the slots work with old company? I currently have 2 AU’s on my PNC card, both set to be removed in December. For a while my dashboard showed 0 of 2 spots available, which corresponds with the FAQ that says 2 AU’s max for PNC. A few weeks ago, it switched to 1 of 2 spots available which I thought was odd. Today I got another order. I thought they were going to only have a limited number of people on each card at a time so now I’m a bit confused. Should I add the order or is this an error?

I did message them but since it’s the weekend not sure if I will hear back before the deadline to add the order.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 07, 2020, 10:37:07 AM
Can you guys clarify for me how the slots work with old company? I currently have 2 AU’s on my PNC card, both set to be removed in December. For a while my dashboard showed 0 of 2 spots available, which corresponds with the FAQ that says 2 AU’s max for PNC. A few weeks ago, it switched to 1 of 2 spots available which I thought was odd. Today I got another order. I thought they were going to only have a limited number of people on each card at a time so now I’m a bit confused. Should I add the order or is this an error?

I did message them but since it’s the weekend not sure if I will hear back before the deadline to add the order.

The Old Company has a recommended number of slots by issuer.  You can go above or below their recommended number if you choose.  Personally I follow their recommendations.

They will send you new orders a few to several days before your CC's closing date.  I've been given new orders up to five days before the closing date.

Often what has happened in the situation you describe is that one of your existing AUs on that card can be removed now.  Often you can look in TradelineMaster and figure out which AU can be removed.  In this case, I remove the existing AU, confirm removal of that AU, and then add the new AU.

In rare cases, the removal date in TradelineMaster is one month later than the actual "OK to remove by" date as calculated by Old Company.  There is apparently some bug in the "OK to remove by" date logic that they are aware of but haven't fixed.  In this case you'll have to email Old Company, they'll explain this to you, and tell you to remove one of the AUs even though the date in TradelineMaster is still approximately one month in the future.  In this case, I remove the AU they tell me to, confirm removal of that AU, and then add the new AU.

In other rare cases, the Old Company makes a mistake and puts an AU sale on your card which does, in fact, exceed your chosen AU limit.  In these cases, it's often because of some sort of weirdness related to previous AU orders on that card which have resulted in them getting their AU count on your card wrong.  In this scenario, it's up to you whether to accept the order or not.  In most cases, I decline the order and they move it to someone else's card.  In rare cases, I've accepted the order and temporarily exceeded my AU limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hgjjgkj on November 10, 2020, 10:03:05 AM
Does the new company even pay anymore? I have had 8 or so adds in 2020, have not been paid since 2019. You email Cliff and he says he "has been out of the office." These guys are a disgrace.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 10, 2020, 11:18:20 AM
Not without hassle. As far as I know, everyone has gotten paid, but many upon asking; I'd bet there are orders people overlooked and didn't get paid for.  Awful.

PM me with your name/email you signed up under and I can reach out for you. I haven't seen anyone not get paid when they should be once they reach out, but, of course, that shouldn't have to happen.

I do absolutely recommend old company first, and new company just for cards they won't take (or when old company isn't enrolling cards). It's worth it to me to have cards enrolled rather than not, even with the hassle, but I can definitely see where it might not be for some.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 11, 2020, 03:51:17 PM
Hello gang!  I ran into something with barclays today and am wondering if anyone else has seen it.  I received a new TL to add.  When I went into the authorized users screen, I noticed a message saying I needed to verify AU's.  When I clicked on the screen, it said I needed to verify two AU's (the 2 current ones) or the card might be restricted.  At first, I was alarmed...  I went into the screen for each AU and it wanted me to verify DOB, Citizenship and Address.  It had DOB and Address populated but neither yes nor no on citizenship.  I rarely get non US citizens for TL sales so I knew both of these should be yes.  I set them to yes and proceeded.  All seems fine.

Has anyone else seen this? 

I am hoping it is not a sign that BC is going to tighten up in this area..!

Lastly, the fact that I know I set citizenship when adding these AU's makes me wonder if this was just some glitch in their system.

thanks for any thoughts here!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 11, 2020, 04:10:17 PM
I haven't seen that before with Barclays, and I've done a lot of adds with them. But it isn't uncommon with card issuers to have a security "verify AUs" every once in awhile, and it's totally normal and not indicative of a problem or pending shutdown or something, so for now I wouldn't worry about it personally.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 11, 2020, 04:16:02 PM
Thanks ARS!

I was able to add the new AU without issue, so I am taking that as a good sign.  I will post again if anything funky happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: therethere on November 12, 2020, 09:12:59 AM
Hello gang!  I ran into something with barclays today and am wondering if anyone else has seen it.  I received a new TL to add.  When I went into the authorized users screen, I noticed a message saying I needed to verify AU's.  When I clicked on the screen, it said I needed to verify two AU's (the 2 current ones) or the card might be restricted.  At first, I was alarmed...  I went into the screen for each AU and it wanted me to verify DOB, Citizenship and Address.  It had DOB and Address populated but neither yes nor no on citizenship.  I rarely get non US citizens for TL sales so I knew both of these should be yes.  I set them to yes and proceeded.  All seems fine.

Has anyone else seen this? 

I am hoping it is not a sign that BC is going to tighten up in this area..!

Lastly, the fact that I know I set citizenship when adding these AU's makes me wonder if this was just some glitch in their system.

thanks for any thoughts here!

I got that too today when I tried to add/replace AU's on my BarclayCard. Then after that, it wasn't letting me add more AU's (click on Add User would not go to next page). I'm probably in the 24-30 AU range on that card so I assumed this was the finish line. I went on a different computer and was still able to do the add. I'm guessing its some site glitches.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on November 12, 2020, 12:08:18 PM
Same here. Went to add a new AU and had to re-verify citizenship on some old AUs still being carried.

Must be something Barclay just did.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on November 12, 2020, 02:40:36 PM
i got the same message today on 4 AUs that I added last month with Barclays. I sure hope they still posted, since I never got any email or notification that there was an issue until I logged in today.

That would be a big waste of 4 precious Barclays spots!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: RootofGood on November 12, 2020, 05:13:16 PM
It's my first year going big on tradelines and I had a question on taxes.

 I'm with Old Company for most cards and New Company for 1 card. Old Company sends a 1099 through their payroll company. Looks like 1099 MISC. Does that have to go on Schedule C where I end up paying self employment tax? Or can I report is as "other income" on my 1040 and just pay ordinary income tax rates? In other words, which box on the 1099 MISC is the income reported in?

I don't have to worry about any 1099's from New Company because it seems they'll never pay ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 12, 2020, 05:25:13 PM
It's my first year going big on tradelines and I had a question on taxes.

 I'm with Old Company for most cards and New Company for 1 card. Old Company sends a 1099 through their payroll company. Looks like 1099 MISC. Does that have to go on Schedule C where I end up paying self employment tax? Or can I report is as "other income" on my 1040 and just pay ordinary income tax rates? In other words, which box on the 1099 MISC is the income reported in?

I don't have to worry about any 1099's from New Company because it seems they'll never pay ;)

The proper answer is to consult your tax preparer.

If you view it as a business, then it should go on Schedule C.  You'll pay SE taxes, but get an adjustment for 1/2 of those.  Your income will qualify for contributions to an IRA and towards SS and Medicare.  You can deduct business expenses against the income.

If you view it as a hobby that you happen to get income from, then it should go on the Other Income line on Schedule 1.  You won't pay SE taxes, won't get the adjustment, and the income won't count for IRA contributions, SS, or Medicare purposes.

To help you decide which is appropriate for you, you might want to look at:

https://www.irs.gov/faqs/small-business-self-employed-other-business/income-expenses/income-expenses
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on November 12, 2020, 10:22:31 PM
I don't have to worry about any 1099's from New Company because it seems they'll never pay ;)

Nice, I was about to say this myself. Even for the money I did manage to get from them last year, I did not expect them to have their act together enough to send a 1099. I never got one. I still reported it as other income, though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on November 13, 2020, 07:42:32 AM
Hello gang!  I ran into something with barclays today and am wondering if anyone else has seen it.  I received a new TL to add.  When I went into the authorized users screen, I noticed a message saying I needed to verify AU's.  When I clicked on the screen, it said I needed to verify two AU's (the 2 current ones) or the card might be restricted.  At first, I was alarmed...  I went into the screen for each AU and it wanted me to verify DOB, Citizenship and Address.  It had DOB and Address populated but neither yes nor no on citizenship.  I rarely get non US citizens for TL sales so I knew both of these should be yes.  I set them to yes and proceeded.  All seems fine.

Has anyone else seen this? 

I am hoping it is not a sign that BC is going to tighten up in this area..!

Lastly, the fact that I know I set citizenship when adding these AU's makes me wonder if this was just some glitch in their system.

thanks for any thoughts here!

Thank you for letting the community know about this. I just logged into my account and checked the US citizen bubble for each user.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on November 13, 2020, 07:45:12 AM
Question about Fidelity cards. Some people earlier in this thread mentioned that Fidelity closed their cards after they sold a certain number of tradelines (around 10 if i remember). If Fidelity closes your card for selling tradelines and you have more than one Fidelity card, does it close just that card or all your cards with them? If you also have investment accounts with Fidelity, do these get closed too?
My Fidelity card was closed months ago, but I still have my investment accounts with Fidelity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 13, 2020, 08:54:57 AM
Hello gang!  I ran into something with barclays today and am wondering if anyone else has seen it.  I received a new TL to add.  When I went into the authorized users screen, I noticed a message saying I needed to verify AU's.  When I clicked on the screen, it said I needed to verify two AU's (the 2 current ones) or the card might be restricted.  At first, I was alarmed...  I went into the screen for each AU and it wanted me to verify DOB, Citizenship and Address.  It had DOB and Address populated but neither yes nor no on citizenship.  I rarely get non US citizens for TL sales so I knew both of these should be yes.  I set them to yes and proceeded.  All seems fine.

Has anyone else seen this? 



I am hoping it is not a sign that BC is going to tighten up in this area..!

Lastly, the fact that I know I set citizenship when adding these AU's makes me wonder if this was just some glitch in their system.

thanks for any thoughts here!

Thank you for letting the community know about this. I just logged into my account and checked the US citizen bubble for each user.

What happens if your auth user is not a US citizen? For example, your friend or family member who moved to the US recently and wants to improve their credit history. Does barclays not allow to add them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 13, 2020, 08:58:20 AM
Thank you for letting the community know about this. I just logged into my account and checked the US citizen bubble for each user.

What happens if your auth user is not a US citizen? For example, your friend or family member who moved to the US recently and wants to improve their credit history. Does barclays not allow to add them?

Then you check the "no" bubble.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on November 13, 2020, 10:20:19 PM
Hello gang!  I ran into something with barclays today and am wondering if anyone else has seen it.  I received a new TL to add.  When I went into the authorized users screen, I noticed a message saying I needed to verify AU's.  When I clicked on the screen, it said I needed to verify two AU's (the 2 current ones) or the card might be restricted.  At first, I was alarmed...  I went into the screen for each AU and it wanted me to verify DOB, Citizenship and Address.  It had DOB and Address populated but neither yes nor no on citizenship.  I rarely get non US citizens for TL sales so I knew both of these should be yes.  I set them to yes and proceeded.  All seems fine.

Has anyone else seen this? 

I am hoping it is not a sign that BC is going to tighten up in this area..!

Lastly, the fact that I know I set citizenship when adding these AU's makes me wonder if this was just some glitch in their system.

thanks for any thoughts here!

Thanks for the notice, checked mine and had the same problem.  However I have 2 cards, Uber 10k card had the problem but my Barnes & Nobel 6.5k card was ok.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bangbang on November 15, 2020, 11:50:42 PM
It's my first year going big on tradelines and I had a question on taxes.

 I'm with Old Company for most cards and New Company for 1 card. Old Company sends a 1099 through their payroll company. Looks like 1099 MISC. Does that have to go on Schedule C where I end up paying self employment tax? Or can I report is as "other income" on my 1040 and just pay ordinary income tax rates? In other words, which box on the 1099 MISC is the income reported in?

I don't have to worry about any 1099's from New Company because it seems they'll never pay ;)

The proper answer is to consult your tax preparer.

If you view it as a business, then it should go on Schedule C.  You'll pay SE taxes, but get an adjustment for 1/2 of those.  Your income will qualify for contributions to an IRA and towards SS and Medicare.  You can deduct business expenses against the income.

If you view it as a hobby that you happen to get income from, then it should go on the Other Income line on Schedule 1.  You won't pay SE taxes, won't get the adjustment, and the income won't count for IRA contributions, SS, or Medicare purposes.

To help you decide which is appropriate for you, you might want to look at:

https://www.irs.gov/faqs/small-business-self-employed-other-business/income-expenses/income-expenses

I know zilch about filing a business return, but was wondering if it would be more profitable to sell tradelines as a business and file as a business rather than under personal income. Would conducting this effort as a business be more profitable due to the ability to conduct business expenses, such as home office deductions? What is the tax rate on the income if you file it as Schedule C income? Does a business pay self employment tax in addition to income tax?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: waltworks on November 16, 2020, 07:11:56 AM
For those of you who are newer at this - how long did it take you to get an order? I've been all set up in the system for about a week now and... crickets.

-W
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 16, 2020, 07:26:23 AM
For those of you who are newer at this - how long did it take you to get an order? I've been all set up in the system for about a week now and... crickets.

-W

For me.....with the new company.....6 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 16, 2020, 08:48:02 AM
For those of you who are newer at this - how long did it take you to get an order? I've been all set up in the system for about a week now and... crickets.

-W

Who'd you set up with? Old company, or new company?

Old is definitely seeing more sales; I believe RootofGood, asking about taxes above, started in August and is seeing significant sales. Also one factor is when the closing date of your card is. If it just closed, the earliest you'd see a sale would be nearly a month, and if no one buys it the first month, it could be a few. Or you could see some the first week. Another factor is how in demand the card is (age/limits). So it really depends/hard to say. Wanna give us a data point when you see a sale? :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: waltworks on November 16, 2020, 08:58:16 AM
Sure thing, I'll let everyone know. It's the old company. I have 2 cards, one with $35k limit and ~6 years old, the other with $10k limit and similar age.

-W
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 16, 2020, 01:22:14 PM
It's my first year going big on tradelines and I had a question on taxes.

 I'm with Old Company for most cards and New Company for 1 card. Old Company sends a 1099 through their payroll company. Looks like 1099 MISC. Does that have to go on Schedule C where I end up paying self employment tax? Or can I report is as "other income" on my 1040 and just pay ordinary income tax rates? In other words, which box on the 1099 MISC is the income reported in?

I don't have to worry about any 1099's from New Company because it seems they'll never pay ;)

The proper answer is to consult your tax preparer.

If you view it as a business, then it should go on Schedule C.  You'll pay SE taxes, but get an adjustment for 1/2 of those.  Your income will qualify for contributions to an IRA and towards SS and Medicare.  You can deduct business expenses against the income.

If you view it as a hobby that you happen to get income from, then it should go on the Other Income line on Schedule 1.  You won't pay SE taxes, won't get the adjustment, and the income won't count for IRA contributions, SS, or Medicare purposes.

To help you decide which is appropriate for you, you might want to look at:

https://www.irs.gov/faqs/small-business-self-employed-other-business/income-expenses/income-expenses

I know zilch about filing a business return, but was wondering if it would be more profitable to sell tradelines as a business and file as a business rather than under personal income. Would conducting this effort as a business be more profitable due to the ability to conduct business expenses, such as home office deductions? What is the tax rate on the income if you file it as Schedule C income? Does a business pay self employment tax in addition to income tax?

For tradelines, a person would probably choose a pretty simple business structure such as a DBA / sole proprietorship.  In this situation, they would not file a separate business income tax return.  The business income and expenses would be reported on their personal return on Schedules C and SE.

In theory, you should file as a business or as a hobby after consideration of the factors in your case compared with the nine factors the IRS lists in the link I provided above.  Whether it is advantageous to file one way or the other should technically not be a consideration, but I know for many people it would be.

While you do get to deduct reasonable and necessary expenses from business income, you also generally have to pay both sides of self employment taxes on net income but you get an adjustment for half of those.  Whether it would be more profitable from a tax point of view would depend on how those two things balance out.  Second order factors would be if there were state income tax implications to the business income, and if having the earned income had other knock-on effects such as qualifying to make an IRA contribution that qualified for the Retirement Savings Tax Credit, or opening a SEP or SIMPLE or solo 401(k).

Schedule C income is taxed as ordinary income, so it would be whatever your marginal tax rate for ordinary income would be.

And yes, you pay self employment taxes on net business income, something I said in what you quoted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 16, 2020, 03:55:29 PM
Somewhere way back in this thread someone posted a link to a thread about taxes.  That thread is a good one.  I will post it if I can find it.

I am deducting PO box rental.  I probably need to deduct the annual fee for 1 CC that has it and is used for TL sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on November 16, 2020, 06:56:27 PM
I have a "BBVA Amex" card that is not eligible for any tradelines.  With PNC buying up BBVA, do you think this card will become eligible for tradelines in the near future?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 16, 2020, 07:25:23 PM
Somewhere way back in this thread someone posted a link to a thread about taxes.  That thread is a good one.  I will post it if I can find it.

I am deducting PO box rental.  I probably need to deduct the annual fee for 1 CC that has it and is used for TL sales.

I deduct the annual fees on tradeline cards. I'd even do it on cards being seasoned for tradelines, personally. YMMV.

I have a "BBVA Amex" card that is not eligible for any tradelines.  With PNC buying up BBVA, do you think this card will become eligible for tradelines in the near future?

Depends on how integrated their systems become. Ultimately it depends on how the card reports Authorized Users to the credit agencies. Could always test it before and after with a close family member who would share their report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gogore on November 17, 2020, 08:46:22 AM
I've hit the lifetime AU slot limit on a Barclays card.  Does anyone know of any tricks to reset the limit?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 17, 2020, 09:33:35 AM
I've hit the lifetime AU slot limit on a Barclays card.  Does anyone know of any tricks to reset the limit?

I don't think anyone has found anything yet.  The only workaround I have come up with - and it's not great - would be to apply for a new Barclays card, season it, and then transfer the CL over from the AU limited card to the newer card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on November 17, 2020, 10:35:11 AM
Somewhere way back in this thread someone posted a link to a thread about taxes.  That thread is a good one.  I will post it if I can find it.

I am deducting PO box rental.  I probably need to deduct the annual fee for 1 CC that has it and is used for TL sales.

Did you mean this one: Small Business and Miscellaneous Income Best Practices (https://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices/msg1412209/) ?

(Thread created to break off tax strategy discussion from Selling Tradelines Side Gig thread.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 17, 2020, 04:00:59 PM
Somewhere way back in this thread someone posted a link to a thread about taxes.  That thread is a good one.  I will post it if I can find it.

I am deducting PO box rental.  I probably need to deduct the annual fee for 1 CC that has it and is used for TL sales.

Did you mean this one: Small Business and Miscellaneous Income Best Practices (https://forum.mrmoneymustache.com/taxes/small-business-and-miscellaneous-income-best-practices/msg1412209/) ?

(Thread created to break off tax strategy discussion from Selling Tradelines Side Gig thread.)

Yes, thanks @CanuckExpat !
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on November 17, 2020, 04:26:47 PM
I've hit the lifetime AU slot limit on a Barclays card.  Does anyone know of any tricks to reset the limit?

Hi Gogore, would you be willing to try requesting a credit card number change on your Barclays card and report back on whether that resets your AU limit. A TL company I've been using said that sometimes that is successful in reseting the limit, though not 100% of the time.

I would try this myself but I'm not at the limit yet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 17, 2020, 08:04:54 PM
I've hit the lifetime AU slot limit on a Barclays card.  Does anyone know of any tricks to reset the limit?

Hi Gogore, would you be willing to try requesting a credit card number change on your Barclays card and report back on whether that resets your AU limit. A TL company I've been using said that sometimes that is successful in reseting the limit, though not 100% of the time.

I would try this myself but I'm not at the limit yet.

I'm game... the only option for this, I think, is to report the card stolen or lost.  Is there a better option?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 17, 2020, 08:31:54 PM
I've hit the lifetime AU slot limit on a Barclays card.  Does anyone know of any tricks to reset the limit?

Hi Gogore, would you be willing to try requesting a credit card number change on your Barclays card and report back on whether that resets your AU limit. A TL company I've been using said that sometimes that is successful in reseting the limit, though not 100% of the time.

I would try this myself but I'm not at the limit yet.

I'm game... the only option for this, I think, is to report the card stolen or lost.  Is there a better option?

I tried that for one of my barclaycards. Didn't work. Product change didn't work either
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on November 19, 2020, 07:32:24 AM
Anyone having issues with Citi cards reporting on AUs? What do I say to Citi without raising any red flags?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on November 19, 2020, 09:52:33 AM
Anyone having issues with Citi cards reporting on AUs? What do I say to Citi without raising any red flags?

Citi has always had issues reporting AUs, in my experience. Even if you do everything correctly with plenty of time to spare, I'd say about 1 in 3 will just not post, inexplicably.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on November 19, 2020, 09:58:18 AM
Anyone having issues with Citi cards reporting on AUs? What do I say to Citi without raising any red flags?

Citi has always had issues reporting AUs, in my experience. Even if you do everything correctly with plenty of time to spare, I'd say about 1 in 3 will just not post, inexplicably.

Is there anything I can say/ask to ensure that it gets fixed? Maybe ask them to remove and re-add? Or is that too fishy?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on November 19, 2020, 10:08:21 AM
Anyone having issues with Citi cards reporting on AUs? What do I say to Citi without raising any red flags?

Citi has always had issues reporting AUs, in my experience. Even if you do everything correctly with plenty of time to spare, I'd say about 1 in 3 will just not post, inexplicably.

Is there anything I can say/ask to ensure that it gets fixed? Maybe ask them to remove and re-add? Or is that too fishy?
+1 to what Moneytree said. I don't get a lot of Citi adds for that reason I'm sure as the tradeline company knows Citi is hit or miss. Not much you can do really. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on November 19, 2020, 11:18:29 AM
Anyone having issues with Citi cards reporting on AUs? What do I say to Citi without raising any red flags?

Citi has always had issues reporting AUs, in my experience. Even if you do everything correctly with plenty of time to spare, I'd say about 1 in 3 will just not post, inexplicably.

Is there anything I can say/ask to ensure that it gets fixed? Maybe ask them to remove and re-add? Or is that too fishy?
+1 to what Moneytree said. I don't get a lot of Citi adds for that reason I'm sure as the tradeline company knows Citi is hit or miss. Not much you can do really.

That hasn't been my experience at all with Citi! I have had 7 AUs this year on a couple of different cards, and they have all posted. I had 3 not post with Barclay and 1 with Discover. Citi is admittedly a PITA as far as adding/removing users as you have to call them in. I never do any of the add process online - I know some people will add online then call to add the SS#. If I'm already going to have to call, I may as well just do it all at once. Occasionally I will get sent to their fraud department and have to complete some extra verification steps before they will complete the add, but the last add I've had for Citi that didn't post was January 2019.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on November 19, 2020, 12:11:14 PM
Anyone having issues with Citi cards reporting on AUs? What do I say to Citi without raising any red flags?

Citi has always had issues reporting AUs, in my experience. Even if you do everything correctly with plenty of time to spare, I'd say about 1 in 3 will just not post, inexplicably.

Is there anything I can say/ask to ensure that it gets fixed? Maybe ask them to remove and re-add? Or is that too fishy?
+1 to what Moneytree said. I don't get a lot of Citi adds for that reason I'm sure as the tradeline company knows Citi is hit or miss. Not much you can do really.

That hasn't been my experience at all with Citi! I have had 7 AUs this year on a couple of different cards, and they have all posted. I had 3 not post with Barclay and 1 with Discover. Citi is admittedly a PITA as far as adding/removing users as you have to call them in. I never do any of the add process online - I know some people will add online then call to add the SS#. If I'm already going to have to call, I may as well just do it all at once. Occasionally I will get sent to their fraud department and have to complete some extra verification steps before they will complete the add, but the last add I've had for Citi that didn't post was January 2019.

Yeah I suppose it's different for everyone YMMV. I've only had 1 issue with Barclays having sold over 30 slots in last couple years. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 19, 2020, 02:45:29 PM
I only have a Sears Citi which has always posted fine, although I'll admit it hasn't sold many slots.

I had my Barclay Uber suddenly stop reporting and when I look in my account, the AUs have disappeared.  I added my wife as a test and she stuck just fine. 

I have another Barclay and in the same time frame had a couple non-postings.  Again, the AUs disappeared from my account.  I noticed the tl company hasn't sold any of the slots for that card lately.  If it continues, I'll move it to the other company and see if it works again.

Since having a rash of non posting, including also a couple US Bank spots, I'm making sure to keep the cards sent to me.  I did save my commission on 2 AUs by taking pictures of the actual cards, since you can't see in the US Bank web site if AUs exist or not like in Barclay.

It's all part of the game.  Well worth it, in my opinion.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on November 19, 2020, 06:34:29 PM


Citi is admittedly a PITA as far as adding/removing users as you have to call them in. I never do any of the add process online - I know some people will add online then call to add the SS#. If I'm already going to have to call, I may as well just do it all at once.

Agreed.  When I would add an AU online and then call in the SSN, the CSR was always confused.  It is far easier to just call it in from the get-go.

They do make me jump through hoops. Generally they text me a code to verify it's me (after mother's maiden name); a few times they want my other Citi account number or the bank I pay my bill from to verify it's me. Also, I almost always get passed to another person.

A couple of times they have not asked for the address and then won't take it when I offer, so I go online and put in the address.  As long as they take the SSN, it posts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 20, 2020, 10:01:05 AM
Hello gang!  I ran into something with barclays today and am wondering if anyone else has seen it.  I received a new TL to add.  When I went into the authorized users screen, I noticed a message saying I needed to verify AU's.  When I clicked on the screen, it said I needed to verify two AU's (the 2 current ones) or the card might be restricted.  At first, I was alarmed...  I went into the screen for each AU and it wanted me to verify DOB, Citizenship and Address.  It had DOB and Address populated but neither yes nor no on citizenship.  I rarely get non US citizens for TL sales so I knew both of these should be yes.  I set them to yes and proceeded.  All seems fine.

Has anyone else seen this? 

I am hoping it is not a sign that BC is going to tighten up in this area..!

Lastly, the fact that I know I set citizenship when adding these AU's makes me wonder if this was just some glitch in their system.

thanks for any thoughts here!


FYI... update

I ran into this again on spouse's card.  Same experience, no issues.  I noticed that both AU's posted fine in the past 30-45 days (1 later and 1 earlier in that period).  I am thinking those who suggested a glitch in BC's system are likely right.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 20, 2020, 03:36:27 PM
FYI, it appears that those among us who have had tradeline sales this year will probably receive a 1099-NEC with box 1 filled in.  It appears to me (an amateur tax person) that this is equivalent to a 1099-MISC with box 7 filled in.

Just a heads up that it's a different tax form and a different box.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PVkcin on November 21, 2020, 10:48:42 AM
I applied for a Chase southwest business card (performance) and was denied, surprisingly. Does anybody know how long I should wait before applying for a different card? Either the premier business card from southwest or simply one of the non-business southwest cards. I had hoped to get the companion pass for 2021-2022 but not sure why I was denied. For what it's worth I have over 800 credit (like most of us on here) and have been in the credit card hacking game for years. Recently - I have only signed up for one card in the last 12 mo and in the last 24 months have only signed up for two cards total. I was hoping to use my remaining spots (3) to get two southwest cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on November 22, 2020, 08:38:01 AM
Chase business denials can often be due to business structure.  If you applied as a sole prop that may be why.  Worth a call to recon.  Could also be if you have more than 50% of your income in available credit with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PVkcin on November 22, 2020, 02:44:32 PM
Thanks, harrydogyo for the info! I just called the reconsideration line. They ended up approving it! It was definitely worth a 15 minute phone call.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on November 24, 2020, 09:10:09 AM
Does anyone know the new payment schedule for the old company?  I sold my first (after about a year) and got paid $50.  This was for a $25k limit card that was 4 years old.  I seem to remember a payment schedule that was quite a bit higher than $50. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 24, 2020, 10:09:57 AM
Does anyone know the new payment schedule for the old company?  I sold my first (after about a year) and got paid $50.  This was for a $25k limit card that was 4 years old.  I seem to remember a payment schedule that was quite a bit higher than $50.

Check out this post:
https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2721828/#msg2721828 (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2721828/#msg2721828)

It should have definitely been more than that. Depending on the issuer (and thus how long you need to leave on the AU, and getting paid more to leave them longer) it should be $175-250.

Email them. Old company's customer support is pretty good. Please post back here results either way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on November 24, 2020, 03:06:37 PM
Does anyone know the new payment schedule for the old company?  I sold my first (after about a year) and got paid $50.  This was for a $25k limit card that was 4 years old.  I seem to remember a payment schedule that was quite a bit higher than $50.

Check out this post:
https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2721828/#msg2721828 (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2721828/#msg2721828)

It should have definitely been more than that. Depending on the issuer (and thus how long you need to leave on the AU, and getting paid more to leave them longer) it should be $175-250.

Email them. Old company's customer support is pretty good. Please post back here results either way.

Thanks for the quick response!  Now I’m second guessing myself whether it is the old company or new company, is Erica at the old company?  The card is a Chase card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 24, 2020, 03:29:59 PM
Does anyone know the new payment schedule for the old company?  I sold my first (after about a year) and got paid $50.  This was for a $25k limit card that was 4 years old.  I seem to remember a payment schedule that was quite a bit higher than $50.

Check out this post:
https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2721828/#msg2721828 (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2721828/#msg2721828)

It should have definitely been more than that. Depending on the issuer (and thus how long you need to leave on the AU, and getting paid more to leave them longer) it should be $175-250.

Email them. Old company's customer support is pretty good. Please post back here results either way.

Thanks for the quick response!  Now I’m second guessing myself whether it is the old company or new company, is Erica at the old company?  The card is a Chase card.

That is new company. I'm not sure I have their latest payout schedule, but it should be in the same range, you should absolutely email. Response times can be less than ideal, however.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 25, 2020, 09:12:42 AM
Erica for new company stuff, Cliff for accounting/payment stuff, arebelspy when nobody responds for a long time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: threepacballer on November 28, 2020, 09:04:15 AM
Just got an another add notice from old company and went to add the user on Discover and got this message

"You've reached the maximum number of requests to add Authorized Users at this time. You'll be able to add your next Authorized User on 03/30/2021 if you have fewer than 5 Authorized Users at that time."

I've been using the card for adds about 2 years now and usually have 2 users at a time. At least Discover gives you this instead of cancelling the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on November 30, 2020, 11:56:14 AM
Just got an another add notice from old company and went to add the user on Discover and got this message

"You've reached the maximum number of requests to add Authorized Users at this time. You'll be able to add your next Authorized User on 03/30/2021 if you have fewer than 5 Authorized Users at that time."

I've been using the card for adds about 2 years now and usually have 2 users at a time. At least Discover gives you this instead of cancelling the card.

I believe we determined that Discover has now changed their policy to limit AU activity. I am waiting until 12/2 to be able to add authorized users again. YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: gary3411 on November 30, 2020, 12:16:57 PM
Does anyone know an easy way to find the opening date of my old credit cards? Is this only available on creditkarma assuming I no longer have a record of it myself? I'm having trouble signing up for credit karma. It could be because my credit is frozen at the major bureaus or possibly some other reason I don't feel like figuring out just to get an opening date.

Thanks for any help.

Gary
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 30, 2020, 12:19:12 PM
Does anyone know an easy way to find the opening date of my old credit cards? Is this only available on creditkarma assuming I no longer have a record of it myself? I'm having trouble signing up for credit karma. It could be because my credit is frozen at the major bureaus or possibly some other reason I don't feel like figuring out just to get an opening date.

Thanks for any help.

Gary

You can always ask the credit card companies.  They know when you opened the cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: gary3411 on November 30, 2020, 12:54:05 PM
Yea that is true. I had thought of that, but was trying to keep activity (calls, inquiries, etc.) low on the cards I'm trying to use in order to not get red flagged or draw attention. I'm sure asking a simple question like that wouldn't raise any, but it's a risk I'd rather not take unless have to. Especially considering I've already made calls today on all these cards now to increase credit limits and what not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 30, 2020, 01:02:01 PM
Yea that is true. I had thought of that, but was trying to keep activity (calls, inquiries, etc.) low on the cards I'm trying to use in order to not get red flagged or draw attention. I'm sure asking a simple question like that wouldn't raise any, but it's a risk I'd rather not take unless have to. Especially considering I've already made calls today on all these cards now to increase credit limits and what not.

I understand your POV.  My view is that the CSRs at the big CC companies answer thousands to tens of thousands of calls a day, and as long as they answer your question they don't care what you're doing.  They just want to meet their call volume and customer satisfaction rating numbers (which is why I always give the CSRs who add and remove my AUs on the phone top notch customer service marks).

Now the fraud people - who I always envision as a different department from the front line CSRs - they care if you try to game them.  But I personally doubt they try to find piggybackers via CSR tipoffs.  It'd be far more efficient to mine their data for people who have had 22 AUs over three years and buy one $3 Amazon gift certificate each month, or to programmatically limit AUs in some way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Vlad on November 30, 2020, 02:53:41 PM
The easiest way to find the account opening dates if you have a lot of cards across several banks is to pull one of your credit reports (either through the annual free process, creating an account directly with one of the bureaus or through an account with Credit Karma).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: gary3411 on December 01, 2020, 11:06:28 AM
FYI, enrollment in old company is closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 01, 2020, 11:23:17 AM
FYI, enrollment in old company is closed.

They may make some exceptions depending on ages/limits, but yeah, typically for large chunks of time they don't accept any cards, then they reopen enrollment for brief periods when they need new ones. Supply and demand. Hopefully everyone got their cards enrolled in the most recent window, and/or are aging some for the next. :)

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PVkcin on December 02, 2020, 11:15:18 AM
I now have my first ever business card - but I can't seem to find the account online. It's a chase card, and I have other chase personal cards. When I login to my chase account it only shows my personal card, but not the business one. Is this normal, or does anybody know how I get access to see my transactions, pay my bill, etc for the business credit card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on December 02, 2020, 12:08:14 PM
I now have my first ever business card - but I can't seem to find the account online. It's a chase card, and I have other chase personal cards. When I login to my chase account it only shows my personal card, but not the business one. Is this normal, or does anybody know how I get access to see my transactions, pay my bill, etc for the business credit card?
Not sure why you're asking on this thread, nor why it is this way with Chase, but you're gonna have to register a second account with chase. I just tacked "B" onto the username for my main chase credit cards account to make it easy to remember.

Once you create aogin for your business card, you can combine access to your personal cards with one sign-in. You'll need to get customer service to help with that last part.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: lexde on December 02, 2020, 01:59:32 PM
I made a separate thread in Ask a Mustachian but wanted to post here in case, too:


I am providing a "piggyback" to a friend for his credit, and am scratching my head because something seems amiss.

In November, he had a score of 558 due to zero accounts and 1 collection. I disputed the collection for him and actually succeeded in getting it removed. Yay! His credit score went down to "n/a". Great, fresh slate.

I put him on three of my cards, and his score went from 760 to 777 to 790 per CreditKarma. He had no credit, and got added to 3 mature lines with high-ish credit limits, so this tracks.

However, when searching for prequalified credit card offers, he's getting nothing. As though he has zero credit again.

What gives?! Is there something I'm missing?
Transunion is scoring him at 790 and Equifax is scoring him at 785.
Cardmatch is showing ZERO offers.

Advice and input appreciated. Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on December 02, 2020, 02:02:21 PM
Just got an another add notice from old company and went to add the user on Discover and got this message

"You've reached the maximum number of requests to add Authorized Users at this time. You'll be able to add your next Authorized User on 03/30/2021 if you have fewer than 5 Authorized Users at that time."

I've been using the card for adds about 2 years now and usually have 2 users at a time. At least Discover gives you this instead of cancelling the card.

I believe we determined that Discover has now changed their policy to limit AU activity. I am waiting until 12/2 to be able to add authorized users again. YMMV.

Unfortunate update for y'all. Today I expected to be able to add my latest add from the old company but Discover had other plans. They moved the goalposts and actually extended the date of the maximum authorized users reached notice to 1/30/2021! So now that is 3 authorized users (from my most lucrative tradeline) since October that I have missed out on and my card has been placed on hold. Good grief. Still going strong with my Barclay's, US Bank, and Capital One cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on December 02, 2020, 02:13:10 PM
I made a separate thread in Ask a Mustachian but wanted to post here in case, too:


I am providing a "piggyback" to a friend for his credit, and am scratching my head because something seems amiss.

In November, he had a score of 558 due to zero accounts and 1 collection. I disputed the collection for him and actually succeeded in getting it removed. Yay! His credit score went down to "n/a". Great, fresh slate.

I put him on three of my cards, and his score went from 760 to 777 to 790 per CreditKarma. He had no credit, and got added to 3 mature lines with high-ish credit limits, so this tracks.

However, when searching for prequalified credit card offers, he's getting nothing. As though he has zero credit again.

What gives?! Is there something I'm missing?
Transunion is scoring him at 790 and Equifax is scoring him at 785.
Cardmatch is showing ZERO offers.

Advice and input appreciated. Thank you!

By no means am I an expert but could it be a data timing issue? How recently did the three lines he's been added to report to the credit bureaus? Something to consider is if Cardmatch partners with the credit card companies perhaps you may experience better luck searching for prequalified offers directly with Amex, Chase, Citi, Discover etc. Just my humble $0.02.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 02, 2020, 04:25:41 PM
I made a separate thread in Ask a Mustachian but wanted to post here in case, too:


I am providing a "piggyback" to a friend for his credit, and am scratching my head because something seems amiss.

In November, he had a score of 558 due to zero accounts and 1 collection. I disputed the collection for him and actually succeeded in getting it removed. Yay! His credit score went down to "n/a". Great, fresh slate.

I put him on three of my cards, and his score went from 760 to 777 to 790 per CreditKarma. He had no credit, and got added to 3 mature lines with high-ish credit limits, so this tracks.

However, when searching for prequalified credit card offers, he's getting nothing. As though he has zero credit again.

What gives?! Is there something I'm missing?
Transunion is scoring him at 790 and Equifax is scoring him at 785.
Cardmatch is showing ZERO offers.

Advice and input appreciated. Thank you!

Apply for a Discover card.  It won't have a high limit, but they are very easy to get.  My son got one (just out of college) with something like $2250 for a credit limit.  Once received, use it.  Pay off all but maybe $100 a week before the due date each month.  Then let autopay pay off the remaining balance.  They may automatically raise the rate, but if not, call at 6 months.

Otherwise.....shrug.  I dono.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 07, 2020, 01:06:46 PM
For those looking to season new cards, JetBlue+ is up to 100k sign up bonus with Barclays and Elan just rolled out a 5% category rotating card (though it's 2k per quarter capped): https://card.myaccountaccess.com/credit/elanmicro/pdfs/categories_max_cash_preferred_visa.pdf Most of the Elan banks have it available (and there are a lot of Elan banks)

Anyone have multiple Elan cards?  I have an older one that I currently sell spots on and would love to product change it and get some new ones for the 5% but seems like everyone just has Fidelity only.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on December 07, 2020, 02:09:24 PM
For those looking to season new cards, JetBlue+ is up to 100k sign up bonus with Barclays and Elan just rolled out a 5% category rotating card (though it's 2k per quarter capped): https://card.myaccountaccess.com/credit/elanmicro/pdfs/categories_max_cash_preferred_visa.pdf Most of the Elan banks have it available (and there are a lot of Elan banks)

Anyone have multiple Elan cards?  I have an older one that I currently sell spots on and would love to product change it and get some new ones for the 5% but seems like everyone just has Fidelity only.

Do you have a link for JetBlue+? I don't see it on their website.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: waltworks on December 07, 2020, 02:31:27 PM
FYI, everyone, I got an order, so one slot of 4 is now filled. It looks like it has to stay on until May of next year, so I won't be seeing any cash for a while, but still, it's not like it was a lot of work.

-W
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 07, 2020, 03:40:02 PM
for the Jet blue offer go to Jetblue.com and click on the "best offer ever" link and you'll see the 100k points.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chicagomeg on December 08, 2020, 06:48:53 AM
Does the PO Box resolve the issue of them not delivering mail in your name? I really underestimated how quickly these cards would turn over & I'm starting to get nervous about the volume of them floating around in the universe. Here in Chicago, they don't deliver anything unless the name is on the box.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 08, 2020, 06:49:50 AM
For those looking to season new cards, JetBlue+ is up to 100k sign up bonus with Barclays and Elan just rolled out a 5% category rotating card (though it's 2k per quarter capped): https://card.myaccountaccess.com/credit/elanmicro/pdfs/categories_max_cash_preferred_visa.pdf Most of the Elan banks have it available (and there are a lot of Elan banks)

Anyone have multiple Elan cards?  I have an older one that I currently sell spots on and would love to product change it and get some new ones for the 5% but seems like everyone just has Fidelity only.

This Elan card looks intriguing. Is there a list of Elan banks? I started searching and found some random credit unions and out-of-state banks. I'm not sure which one of those is most likely to grant a high credit limit suitable for tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Catica on December 08, 2020, 07:06:33 AM
for the Jet blue offer go to Jetblue.com and click on the "best offer ever" link and you'll see the 100k points.
Too bad it has $99 annual fee. I'm not sure it's worth it just for tradelines but maybe if one wants points it is?  What can 100K points buy?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 08, 2020, 07:29:26 AM
For the new Elan card this message board has a list to a bunch of the banks that have it: https://ficoforums.myfico.com/t5/Credit-Cards/Elan-quot-Max-Cash-quot-vs-US-Bank-Cash/td-p/6198795

Some of them you might even stack a bank account opening bonus from looking on doctor of credit.

As for the JB+ annual fee if you value points around a penny that's about $1k value.  Once the card gets to two years old it turns into an ATM for tradelines (my older Barclays usually has 4 spots filled at any given time and as many of us know adding and removing is easy)  But you can also product change to the no fee JB card after a year as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rhinodad on December 08, 2020, 07:37:54 AM
FYI, enrollment in old company is closed.

They may make some exceptions depending on ages/limits, but yeah, typically for large chunks of time they don't accept any cards, then they reopen enrollment for brief periods when they need new ones. Supply and demand. Hopefully everyone got their cards enrolled in the most recent window, and/or are aging some for the next. :)

Will they let us know when they are enrolling new cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 08, 2020, 08:12:33 AM
For those looking to season new cards, JetBlue+ is up to 100k sign up bonus with Barclays and Elan just rolled out a 5% category rotating card (though it's 2k per quarter capped): https://card.myaccountaccess.com/credit/elanmicro/pdfs/categories_max_cash_preferred_visa.pdf Most of the Elan banks have it available (and there are a lot of Elan banks)

Anyone have multiple Elan cards?  I have an older one that I currently sell spots on and would love to product change it and get some new ones for the 5% but seems like everyone just has Fidelity only.

This Elan card looks intriguing. Is there a list of Elan banks? I started searching and found some random credit unions and out-of-state banks. I'm not sure which one of those is most likely to grant a high credit limit suitable for tradelines.

Valley Bank is out of state for me and I was approved ~2 months ago for an elan CC.

https://www.valley.com/personal/banking/credit-cards

Looks like they have the card @harrydogyo  mentioned with $150 cash back.  Looks like a winner to me!  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 08, 2020, 09:04:32 AM
FYI, enrollment in old company is closed.

They may make some exceptions depending on ages/limits, but yeah, typically for large chunks of time they don't accept any cards, then they reopen enrollment for brief periods when they need new ones. Supply and demand. Hopefully everyone got their cards enrolled in the most recent window, and/or are aging some for the next. :)

Will they let us know when they are enrolling new cards?
Yep
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on December 08, 2020, 07:50:28 PM
I’ve only recently started selling trade lines, with the old company. I sold my first slot with Capital One a few weeks ago. I just got the following email from Cap1:

“We need to hear from you—because the Capital One® card we just sent couldn’t be delivered to the address we’ve got on file.

Your card’s been returned to us, so it’s in safe hands. But please, give us a call now at 1‑800‑955‑7070 so we can update your address and get your card back out to you ASAP.”

So apparently the card in the name of the AU was returned. What should I do?  Ignore this notice (my preference) or do I need to respond?

TIA
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 09, 2020, 06:44:45 AM
Always have the card sent to your address not the AU. On occasion your mail carrier will return to sender if the name is different.  But I would call and have them confirm the address and resend to you.  But if you ignore it's probably no big deal since it's your first... as long as it reports to the bureau you get paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: helloyou on December 09, 2020, 07:51:17 AM
Hello

does this work if I live in the UK?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on December 09, 2020, 08:41:13 AM
Re. Discover message.

Earlier this week, I removed a couple AUs and saw the message that I can't add any more until February 2021. I notified Erica; she replied that I can add them by calling in.

Has anyone tried to add by calling in after getting the pause message from Discover?

I'm leaning towards just letting the card sit for a couple months because I hate calling people.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 09, 2020, 09:44:15 AM
Hello

does this work if I live in the UK?

AFAIK, it does not work in other countries besides the US, as a quirk of how our credit scoring system works.

In theory, it should work anywhere where adding someone as an authorized user immediately bumps their credit score by showing that line of credit (its age and limit) on their report. I have not heard of anyone doing it successfully anywhere else (and have had Canadians and Australians and a few other places look into it, IIRC).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on December 09, 2020, 10:24:47 AM
I’ve only recently started selling trade lines, with the old company. I sold my first slot with Capital One a few weeks ago. I just got the following email from Cap1:

“We need to hear from you—because the Capital One® card we just sent couldn’t be delivered to the address we’ve got on file.

Your card’s been returned to us, so it’s in safe hands. But please, give us a call now at 1‑800‑955‑7070 so we can update your address and get your card back out to you ASAP.”

So apparently the card in the name of the AU was returned. What should I do?  Ignore this notice (my preference) or do I need to respond?

TIA

I received this email yesterday myself and decided to call in to speak with a representative. I informed her I received this notification and she wanted to confirm my existing address. She thought it was odd my two recent authorized user cards were returned but we both speculated it was carrier related as I have never had any issue receiving Cap One mail until very recently. I had to confirm which authorized users were recently added and she simply reissued the cards. Pretty benign conversation and nothing to be concerned about.

Potentially doing nothing and ignoring this notification might be more eyebrow raising in my humble opinion. I currently have 4 authorized users on my Cap One card and thus far have not been given any grief about my activities (Discover on the other hand seems to be cracking down indiscriminately across the board).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: helloyou on December 09, 2020, 10:40:38 AM
Hello

does this work if I live in the UK?

AFAIK, it does not work in other countries besides the US, as a quirk of how our credit scoring system works.

In theory, it should work anywhere where adding someone as an authorized user immediately bumps their credit score by showing that line of credit (its age and limit) on their report. I have not heard of anyone doing it successfully anywhere else (and have had Canadians and Australians and a few other places look into it, IIRC).

aww.. thanks anyway. Too bad... I'd like to make some sideline buck but not lucky today
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 09, 2020, 08:13:22 PM
For the new Elan card this message board has a list to a bunch of the banks that have it: https://ficoforums.myfico.com/t5/Credit-Cards/Elan-quot-Max-Cash-quot-vs-US-Bank-Cash/td-p/6198795

Some of them you might even stack a bank account opening bonus from looking on doctor of credit.

As for the JB+ annual fee if you value points around a penny that's about $1k value.  Once the card gets to two years old it turns into an ATM for tradelines (my older Barclays usually has 4 spots filled at any given time and as many of us know adding and removing is easy)  But you can also product change to the no fee JB card after a year as well.

Thanks, I found a local bank that I'll try to sign up with in a couple of days. I'm opening my first business credit card this week and don't want to have any recent inquiries until that's established.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rhinodad on December 10, 2020, 07:04:26 AM
For the new Elan card this message board has a list to a bunch of the banks that have it: https://ficoforums.myfico.com/t5/Credit-Cards/Elan-quot-Max-Cash-quot-vs-US-Bank-Cash/td-p/6198795

Some of them you might even stack a bank account opening bonus from looking on doctor of credit.

As for the JB+ annual fee if you value points around a penny that's about $1k value.  Once the card gets to two years old it turns into an ATM for tradelines (my older Barclays usually has 4 spots filled at any given time and as many of us know adding and removing is easy)  But you can also product change to the no fee JB card after a year as well.

And if you are selling tradelines, you can deduct the annual fee as a business expense anyways.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JustCheap on December 13, 2020, 09:08:46 AM
My first trade lines sold the other day on 12/3. I figured that both orders would have to be on there for at least 60 days before removing so I set a reminder to check on everything and moved on. 12/11 I get an email suggesting to remove the AUs from the Capital One card. So, I removed them. I really figured that they would have had to of been on there much longer than that. Is it normal to have an AU on for only a week's time? Something wrong with my card perhaps? It is not used often and is mainly held on to for its age, limit, and tradelines now. I've been on with the company since 2019 and these are my first orders so I'm just trying to get an idea of what's going on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 13, 2020, 09:24:20 AM
My first trade lines sold the other day on 12/3. I figured that both orders would have to be on there for at least 60 days before removing so I set a reminder to check on everything and moved on. 12/11 I get an email suggesting to remove the AUs from the Capital One card. So, I removed them. I really figured that they would have had to of been on there much longer than that. Is it normal to have an AU on for only a week's time? Something wrong with my card perhaps? It is not used often and is mainly held on to for its age, limit, and tradelines now. I've been on with the company since 2019 and these are my first orders so I'm just trying to get an idea of what's going on.

Same thing happened to me with the New Company, got an add order on Tuesday and then was told to remove on Friday. Not sure if something is up with the customer or the New Company's system. I sent an email to my contact with New Company to confirm what was happening, but as it was near the end of the business day on Friday I haven't heard back from her yet. I haven't done the removal yet personally. The guy's card arrives Monday lol.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JustCheap on December 13, 2020, 09:55:29 AM
I'll be following closely chuckster. Thank you for your reply.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 13, 2020, 12:34:53 PM
My first trade lines sold the other day on 12/3. I figured that both orders would have to be on there for at least 60 days before removing so I set a reminder to check on everything and moved on. 12/11 I get an email suggesting to remove the AUs from the Capital One card. So, I removed them. I really figured that they would have had to of been on there much longer than that. Is it normal to have an AU on for only a week's time? Something wrong with my card perhaps? It is not used often and is mainly held on to for its age, limit, and tradelines now. I've been on with the company since 2019 and these are my first orders so I'm just trying to get an idea of what's going on.

This seems quite unusual to me.  The only time something similar happened to me was when I added an AU and their payment to the TL company bounced (!), so I removed them after one day at the TL company's request.

The rest of my AUs have all been on for a minimum of 56 days and sometimes as long as 120 to 150 days.  By far the most common is right around 60 days.

But all those data points are with Old Company.  So New Company has some issue going on, IMHO.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JustCheap on December 13, 2020, 01:24:37 PM
I will email my contact there and inform everyone of what is said when I get a reply.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: JustCheap on December 15, 2020, 09:19:28 AM
It was a glitch with their system that sent out removal notices. The best course of action would have been to leave the AU's attached to the card until some confirmation but I removed them. They did ask if I would add them back, but not something I feel like is worth taking the risk of having my card closed. I guess I'll wait on the next orders.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 15, 2020, 11:38:04 PM
Same, got the removal instruction on Friday but held off. It literally came like 2 minutes after another removal instruction for a guy that'd been on my card for 3-4 months. So I did that removal but held off on the other one until I could straighten it out with the contact. After i got the glitch email I confirmed with her that he was still on my card so avoided having to go re-add him again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 16, 2020, 05:07:18 AM
My first trade lines sold the other day on 12/3. I figured that both orders would have to be on there for at least 60 days before removing so I set a reminder to check on everything and moved on. 12/11 I get an email suggesting to remove the AUs from the Capital One card. So, I removed them. I really figured that they would have had to of been on there much longer than that. Is it normal to have an AU on for only a week's time? Something wrong with my card perhaps? It is not used often and is mainly held on to for its age, limit, and tradelines now. I've been on with the company since 2019 and these are my first orders so I'm just trying to get an idea of what's going on.

Not sure which company but Old Company is having some portal issues. I had 2 AUs for Cap One that were supposed to be on for 5 months, which ended up being a mistake. I removed them, as instructed, and sold 2 more spots. Those spots didn't show up as filled and got another order. I just emailed the company and they are trying to fix the errors. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rhinodad on December 16, 2020, 08:40:49 AM
My first trade lines sold the other day on 12/3. I figured that both orders would have to be on there for at least 60 days before removing so I set a reminder to check on everything and moved on. 12/11 I get an email suggesting to remove the AUs from the Capital One card. So, I removed them. I really figured that they would have had to of been on there much longer than that. Is it normal to have an AU on for only a week's time? Something wrong with my card perhaps? It is not used often and is mainly held on to for its age, limit, and tradelines now. I've been on with the company since 2019 and these are my first orders so I'm just trying to get an idea of what's going on.

Not sure which company but Old Company is having some portal issues. I had 2 AUs for Cap One that were supposed to be on for 5 months, which ended up being a mistake. I removed them, as instructed, and sold 2 more spots. Those spots didn't show up as filled and got another order. I just emailed the company and they are trying to fix the errors.

Has some same issues with old company. Sold 2, show that I still had those lines to sell, and the removal date was 2/29/2020. Emailed them with screen shots and they are trying to fix the issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 16, 2020, 11:25:31 AM
Same here, in addition to the glitch with New Company, I've been "oversold" on the Old Company on a couple of cards... with 3 or 4 spots sold simultaneously when normally it's only supposed to be 2. The cards are burners for me anyway so I'm riding it out, but, would be good if they fixed the issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: goodlivin23 on December 16, 2020, 10:57:52 PM
Hi,

I want to get 1 (possibly 2) more Barclays cards. I have one, it is about 1 1/2 years old, and I've been using it regularly the last 4 months, paying it off twice a months. I applied for a CapOne card in early Sept (and received it, but a low limit). I have not tried to get anything else since. How long should I wait until I try to get the Barclays card?  In early Jan, it will have been 4 months since I tried to get a card. Does 4 months work or shall I wait longer?
Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on December 17, 2020, 09:35:25 AM
Does anyone know the new payment schedule for the old company?  I sold my first (after about a year) and got paid $50.  This was for a $25k limit card that was 4 years old.  I seem to remember a payment schedule that was quite a bit higher than $50.

Check out this post:
https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2721828/#msg2721828 (https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/msg2721828/#msg2721828)

It should have definitely been more than that. Depending on the issuer (and thus how long you need to leave on the AU, and getting paid more to leave them longer) it should be $175-250.

Email them. Old company's customer support is pretty good. Please post back here results either way.

Thanks for the quick response!  Now I’m second guessing myself whether it is the old company or new company, is Erica at the old company?  The card is a Chase card.

That is new company. I'm not sure I have their latest payout schedule, but it should be in the same range, you should absolutely email. Response times can be less than ideal, however.

Took a couple weeks and a couple emails, but they deposited another $125 in my account today. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on December 17, 2020, 11:55:51 AM
paying it off twice a months.

I don't know the answer to your question, but this part jumped out at me. I suspect you are trying to keep your debt to income ration low as that helps your FICO score, but if you aren't about to apply for a loan, having a low balance on your statement works against you getting a CL increase (and maybe against getting another card with that issuer).

It would be better not to pay down any of it until a statement is generated. For example, if you charge $1000 in a month, but you pay off $500 mid-cycle, only $500 will show up as the balance on your statement. A lower balance helps your credit score, but works against your credit limit increases.

The credit card companies like you to spend a lot on your card, so they increase your credit limit more easily if it looks like you actually need an increase (i.e. would be likely to use more credit.  I've been turned down for credit limit increases with something like "We feel the current limit is satisfactory for your amount of usage" .

The credit card companies have different goals than the home mortgage or car loan businesses do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 17, 2020, 12:11:15 PM
Hi,

I want to get 1 (possibly 2) more Barclays cards. I have one, it is about 1 1/2 years old, and I've been using it regularly the last 4 months, paying it off twice a months. I applied for a CapOne card in early Sept (and received it, but a low limit). I have not tried to get anything else since. How long should I wait until I try to get the Barclays card?  In early Jan, it will have been 4 months since I tried to get a card. Does 4 months work or shall I wait longer?
Thank you!

I have a great selling Barclays card that's over 5 years old.  You should be able to get another one now, though Barclays is inquiry sensitive so you may want to wait 6 months until trying for another.

Barclays likes to see you use the cards too.  And if you have more than 6 new cards in 24 months you're an auto decline.

If you're just looking to add cards you can sell tradelines on down the road TD and Elan could be worth considering as well for ease of adds.   If you're looking for signup bonuses Chase and Amex are pretty strong these days with their offers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ShellyFlorida on December 22, 2020, 05:20:04 PM
What's the fastest way to get a charge onto a card? Yesterday I realized that I didn't have any charges on my card used for an AU so I made 2 small purchases (one was an Amazon gift card.) Both purchases are still pending and my statement closes tonight. Will it not post to the AU account with a 0 balance? I hate to think that I'm going to mess us someone's plan. All my other cards have a small recurring bill. I'll have to make an adjustment for this one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 22, 2020, 05:28:54 PM
What's the fastest way to get a charge onto a card? Yesterday I realized that I didn't have any charges on my card used for an AU so I made 2 small purchases (one was an Amazon gift card.) Both purchases are still pending and my statement closes tonight. Will it not post to the AU account with a 0 balance? I hate to think that I'm going to mess us someone's plan. All my other cards have a small recurring bill. I'll have to make an adjustment for this one.

Amazon gift cards post as fast as anything AFAIK.

It may or may not post to the AU's credit report with a $0 balance.  No way to tell until it either happens or not.

What I do to ensure that there is a charge is to make an Amazon gift purchase as part of the ''adding the AU" process, and I have a checkbox for that in my spreadsheet so I know that I've done it.  Since the AUs almost always are sent to me a few days before closing, this generally works.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ShellyFlorida on December 23, 2020, 12:12:52 PM
Thank you. I went on a spending spree at various types of stores (little $) last night hoping that something would post quickly. As of 10:30p, everything including Amazon from the day before was showing Pending. This morning, it showed Amazon charge on the statement. Whew! That was wayyy too close for comfort. I like your idea of making the small GC purchase at the time of the add. I'll incorporate an immediate charge if I can't find something to add to the card on a regular basis. Thanks for the response and the tip.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on December 23, 2020, 05:00:22 PM
Hey Shelly, you can set up an automatic monthly charge to your Amazon gift card balance.  I do this for $5 on one of my cards so it will have an automatic monthly charge.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 23, 2020, 06:47:46 PM
Hey Shelly, you can set up an automatic monthly charge to your Amazon gift card balance.  I do this for $5 on one of my cards so it will have an automatic monthly charge.

Yes, agreed.  works very well!

Does anyone know if you can do this automatically on more than 1 card?  I am using the amazon reload gift card option.  When I setup a new card (thinking I was adding an additional reload), it removed the previous one.  Thanks for any info!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 25, 2020, 03:30:07 PM
Ok, this is new.

I have a USBank Harley Davidson visa.  Maybe 6 months ago, they split the card from the USBank site.  Ok, no big deal.  So I called to remove 2 AUs, for the first time with this card since the separation.  They tell me they're sending me a post paid envelop to send back the AUs cards.  Uh....what?  I have been saving cards lately because some haven't been posting but only have one of the 2 they're going to want back.  I plan to send the one I have, wait it out for a month before sending and hope they're ok with it.  Perhaps they'll issue a new number?  If they kill it, fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 25, 2020, 05:32:14 PM
Ok, this is new.

I have a USBank Harley Davidson visa.  Maybe 6 months ago, they split the card from the USBank site.  Ok, no big deal.  So I called to remove 2 AUs, for the first time with this card since the separation.  They tell me they're sending me a post paid envelop to send back the AUs cards.  Uh....what?  I have been saving cards lately because some haven't been posting but only have one of the 2 they're going to want back.  I plan to send the one I have, wait it out for a month before sending and hope they're ok with it.  Perhaps they'll issue a new number?  If they kill it, fine.

That's nonstandard, even for USBank (if it's still USBank as the issuer - hard to tell).

Every time I've ever removed AU's, the issuer's standard language is retrieve and destroy the card, and tell the AU to change any recurring charges (of which there are none in a piggybacking case).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 25, 2020, 06:35:13 PM
I would personally just tell them it was already destroyed for security purposes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on December 25, 2020, 07:14:51 PM
Forgive me for asking.  I've read a bunch but have not found the answers.
It can take 6 months for the Old Company to add you, true?
Where is the sweet spot for income and to be a desirable candidate?  Older cards?  5 years or more?  Higher balance cards?  $5K or more?

I have 2 cards at $5k.  One at 30 years and the second at 6 years.  Sounds like the best strategy is to sell tradelines with a small reoccurring charge and initiate a new cards for personal use.  Please confirm.  I'm off to find a new CC and trying to determine what limit I should seek.

Just starting and appreciate all the help and knowledge here.  Whole new world, isn't it?!?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 25, 2020, 07:33:42 PM
Nutty,

It really comes down to what orders match up with what cards.  I've got a $25k Barclays card that hasn't had an AU since August.  6 other cards from $15k to $20k that get 2 AUs every cycle. 

I did note that the AUs sort of built up over time.  I have no idea why.  Sort of luck of the draw, I think.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 25, 2020, 09:12:18 PM
Forgive me for asking.  I've read a bunch but have not found the answers.
It can take 6 months for the Old Company to add you, true?
Where is the sweet spot for income and to be a desirable candidate?  Older cards?  5 years or more?  Higher balance cards?  $5K or more?

I have 2 cards at $5k.  One at 30 years and the second at 6 years.  Sounds like the best strategy is to sell tradelines with a small reoccurring charge and initiate a new cards for personal use.  Please confirm.  I'm off to find a new CC and trying to determine what limit I should seek.

Just starting and appreciate all the help and knowledge here.  Whole new world, isn't it?!?

When I enrolled cards with the old company that were less than 2 years old they were a bit slow at first, but after the first sale both filled up both slots every month. Credit limits were in the $15-25k range.

Barclays cards are extremely easy to add and remove AUs online and it seems like they don't every shut down cards until you hit their internal lifetime limit on AUs - I think it's around 35. My one Barclays card is coming up on the two year mark and I stopped selling slots until it gets there. No reason to get $50 a piece when I can get $175.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: falsekrakk808 on December 27, 2020, 03:58:52 PM
Forgive me for asking.  I've read a bunch but have not found the answers.
It can take 6 months for the Old Company to add you, true?
Where is the sweet spot for income and to be a desirable candidate?  Older cards?  5 years or more?  Higher balance cards?  $5K or more?

I have 2 cards at $5k.  One at 30 years and the second at 6 years.  Sounds like the best strategy is to sell tradelines with a small reoccurring charge and initiate a new cards for personal use.  Please confirm.  I'm off to find a new CC and trying to determine what limit I should seek.

Just starting and appreciate all the help and knowledge here.  Whole new world, isn't it?!?

When I enrolled cards with the old company that were less than 2 years old they were a bit slow at first, but after the first sale both filled up both slots every month. Credit limits were in the $15-25k range.

Barclays cards are extremely easy to add and remove AUs online and it seems like they don't every shut down cards until you hit their internal lifetime limit on AUs - I think it's around 35. My one Barclays card is coming up on the two year mark and I stopped selling slots until it gets there. No reason to get $50 a piece when I can get $175.
Michael in ABQ, do you know if the internal limit for Barclays ever resets after a certain period of time? I'm pretty sure that I'm approaching the 35 limit soon. Barclays has worked really well for me these past several months and I'd hate to lose that asset.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CanuckExpat on December 27, 2020, 05:59:53 PM
Ok, this is new.

I have a USBank Harley Davidson visa.  Maybe 6 months ago, they split the card from the USBank site.  Ok, no big deal.  So I called to remove 2 AUs, for the first time with this card since the separation.  They tell me they're sending me a post paid envelop to send back the AUs cards.  Uh....what?  I have been saving cards lately because some haven't been posting but only have one of the 2 they're going to want back.  I plan to send the one I have, wait it out for a month before sending and hope they're ok with it.  Perhaps they'll issue a new number?  If they kill it, fine.

Was this a metal credit card? Those can't be destroyed at home with scissors or running through a shredder, they send you return envelopes to get rid of them. Maybe this is just a courtesy if that is the case
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 28, 2020, 08:30:25 AM
Ok, this is new.

I have a USBank Harley Davidson visa.  Maybe 6 months ago, they split the card from the USBank site.  Ok, no big deal.  So I called to remove 2 AUs, for the first time with this card since the separation.  They tell me they're sending me a post paid envelop to send back the AUs cards.  Uh....what?  I have been saving cards lately because some haven't been posting but only have one of the 2 they're going to want back.  I plan to send the one I have, wait it out for a month before sending and hope they're ok with it.  Perhaps they'll issue a new number?  If they kill it, fine.



Was this a metal credit card? Those can't be destroyed at home with scissors or running through a shredder, they send you return envelopes to get rid of them. Maybe this is just a courtesy if that is the case



Nope.  Normal plastic.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 28, 2020, 08:53:44 AM
Forgive me for asking.  I've read a bunch but have not found the answers.
It can take 6 months for the Old Company to add you, true?
Where is the sweet spot for income and to be a desirable candidate?  Older cards?  5 years or more?  Higher balance cards?  $5K or more?

I have 2 cards at $5k.  One at 30 years and the second at 6 years.  Sounds like the best strategy is to sell tradelines with a small reoccurring charge and initiate a new cards for personal use.  Please confirm.  I'm off to find a new CC and trying to determine what limit I should seek.

Just starting and appreciate all the help and knowledge here.  Whole new world, isn't it?!?

When I enrolled cards with the old company that were less than 2 years old they were a bit slow at first, but after the first sale both filled up both slots every month. Credit limits were in the $15-25k range.

Barclays cards are extremely easy to add and remove AUs online and it seems like they don't every shut down cards until you hit their internal lifetime limit on AUs - I think it's around 35. My one Barclays card is coming up on the two year mark and I stopped selling slots until it gets there. No reason to get $50 a piece when I can get $175.
Michael in ABQ, do you know if the internal limit for Barclays ever resets after a certain period of time? I'm pretty sure that I'm approaching the 35 limit soon. Barclays has worked really well for me these past several months and I'd hate to lose that asset.

I've been reading this thread for a while and I don't think I've seen anyone ever successfully reset that limit. I've seen people mention getting issued a new card and number, for example because the card was reported lost or stolen. Or trying to downgrade it to a different type of card. I think Barclays just hardwires that limit on each account. I don't know that it's 35, but I recall it's something close to that - maybe 36, maybe 40.

That's why I stopped selling $50 tradelines and I'm going to let it age until I can get $175. In fact, I've been meaning to sign up for another Barclays card and start seasoning it so two years from now it will pay off.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: falsekrakk808 on December 29, 2020, 04:34:33 PM
Michael in ABQ, that's interesting to note on the internal trade limit. What's the plan after that limit is reached for said card? I'm wondering if there ever comes a time when you can begin using it for tradelines again. Barclay's has been really good for me in the tradeline space and I'd hope to keep it going. Perhaps I will open another card and let it season for 2 years to hit the bigger tradeoffs.

Are there any other internal AU limits for other cards? If so, how would we find out about them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 29, 2020, 05:25:52 PM
Even after your Barclays is tapped out you can move credit line from that card to one you open and start seasoning now.

Barclays is stingier than some with additional cards, but if you have one getting another shouldn’t be too hard.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 29, 2020, 06:37:53 PM
Even after your Barclays is tapped out you can move credit line from that card to one you open and start seasoning now.

Barclays is stingier than some with additional cards, but if you have one getting another shouldn’t be too hard.

+1 & agreement on all of that!

You usually have to call to move CL's around but it is pretty quick & painless.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 30, 2020, 11:18:47 AM
Just tried to sign up for the Barclays uPromise card to start seasoning it. I got the "we're reviewing your application" message, aka denial. I've got an ~800 score, 100k income, and have only opened a few CC accounts in the last couple of years.

I'm thinking of trying a local bank for an Elan card but I'm wondering if their interface will be as easy as Capital One and Barclays to add/remove AUs. I don't want to be calling in every month to make changes.

I'm also considering this Chase Freedom Unlimited card with no annual fee
https://www.doctorofcredit.com/targeted-chase-freedom-freedom-unlimited-200-bonus-5-back-on-groceries-up-to-12k-first-year/

Any other suggestions for new cards to season with the Old Company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on December 30, 2020, 11:31:51 AM
Just tried to sign up for the Barclays uPromise card to start seasoning it. I got the "we're reviewing your application" message, aka denial. I've got an ~800 score, 100k income, and have only opened a few CC accounts in the last couple of years.

I'm thinking of trying a local bank for an Elan card but I'm wondering if their interface will be as easy as Capital One and Barclays to add/remove AUs. I don't want to be calling in every month to make changes.

I'm also considering this Chase Freedom Unlimited card with no annual fee
https://www.doctorofcredit.com/targeted-chase-freedom-freedom-unlimited-200-bonus-5-back-on-groceries-up-to-12k-first-year/

Any other suggestions for new cards to season with the Old Company?

I've had success asking Barclays to move a couple thousand from my current high CL to a new card. I did it once to open a business card for a new account bonus and again to season a personal card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 30, 2020, 12:49:42 PM
I'm thinking of trying a local bank for an Elan card but I'm wondering if their interface will be as easy as Capital One and Barclays to add/remove AUs. I don't want to be calling in every month to make changes.

Elan is easy.  A simple online form to add.  Message system to remove.  Just like Fidelity card if you have that one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 30, 2020, 01:58:49 PM
Just tried to sign up for the Barclays uPromise card to start seasoning it. I got the "we're reviewing your application" message, aka denial. I've got an ~800 score, 100k income, and have only opened a few CC accounts in the last couple of years.

I'm thinking of trying a local bank for an Elan card but I'm wondering if their interface will be as easy as Capital One and Barclays to add/remove AUs. I don't want to be calling in every month to make changes.

I'm also considering this Chase Freedom Unlimited card with no annual fee
https://www.doctorofcredit.com/targeted-chase-freedom-freedom-unlimited-200-bonus-5-back-on-groceries-up-to-12k-first-year/

Any other suggestions for new cards to season with the Old Company?

Another "reviewing application" for the Elan Max Cash Preferred but I was approved for an $18k limit for the Chase Freedom Unlimited. So in just two short years I can start making $200 per tradeline with that. In the meantime, no annual fee and $200 cash back. The 5% on groceries for the first year will be good too as our typical monthly grocery bill is over $1,000 (big family).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 30, 2020, 04:42:18 PM
Just tried to sign up for the Barclays uPromise card to start seasoning it. I got the "we're reviewing your application" message, aka denial. I've got an ~800 score, 100k income, and have only opened a few CC accounts in the last couple of years.

I'm thinking of trying a local bank for an Elan card but I'm wondering if their interface will be as easy as Capital One and Barclays to add/remove AUs. I don't want to be calling in every month to make changes.

I'm also considering this Chase Freedom Unlimited card with no annual fee
https://www.doctorofcredit.com/targeted-chase-freedom-freedom-unlimited-200-bonus-5-back-on-groceries-up-to-12k-first-year/

Any other suggestions for new cards to season with the Old Company?

Be careful selling tradelines on Chase... if they shut the card down for excessive AUs, they will close ALL of your Chase accounts and ban you from opening a new one or doing business with them in the future.

Seriously consider the impact of getting banned from one of the two/three largest national banks.

And, sure, you might not have any Chase accounts now or expect any in the future, but... in 10/20/30 years from now, who knows what other banks they'll buy/merge with. You might be taking a big risk for a couple of $25 paydays.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 31, 2020, 06:09:17 AM
Barclays reviews screen  is not necessarily a denial.  I got $25k CL on my second card with them after an easy phone call.  My wife’s first Barclays card was also not auto approved but got even more after a week.  Worth calling recon just to get it issued faster.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 31, 2020, 06:55:14 AM
Just tried to sign up for the Barclays uPromise card to start seasoning it. I got the "we're reviewing your application" message, aka denial. I've got an ~800 score, 100k income, and have only opened a few CC accounts in the last couple of years.

I'm thinking of trying a local bank for an Elan card but I'm wondering if their interface will be as easy as Capital One and Barclays to add/remove AUs. I don't want to be calling in every month to make changes.

I'm also considering this Chase Freedom Unlimited card with no annual fee
https://www.doctorofcredit.com/targeted-chase-freedom-freedom-unlimited-200-bonus-5-back-on-groceries-up-to-12k-first-year/

Any other suggestions for new cards to season with the Old Company?

Be careful selling tradelines on Chase... if they shut the card down for excessive AUs, they will close ALL of your Chase accounts and ban you from opening a new one or doing business with them in the future.

Seriously consider the impact of getting banned from one of the two/three largest national banks.

And, sure, you might not have any Chase accounts now or expect any in the future, but... in 10/20/30 years from now, who knows what other banks they'll buy/merge with. You might be taking a big risk for a couple of $25 paydays.

I'm perfectly happy never doing business with any of the large banks. And at $200/each, even just selling a handful of tradelines would be well worth it.

Barclays reviews screen  is not necessarily a denial.  I got $25k CL on my second card with them after an easy phone call.  My wife’s first Barclays card was also not auto approved but got even more after a week.  Worth calling recon just to get it issued faster.

Good to know. I'll try calling on Monday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 31, 2020, 10:15:57 AM
It's a good way to look at it.  If a bank were to pay you to never do business with them again how much would that need to be?  Since you're almost always going to sell double digit spots before a shutdown .  But I also have spend down my rewards balances at the card companies a lot (Ulitmate rewards, thank you points etc) as those can be lost in a shut down.   

But agree that probably means you need to get a card to a point where it's 2 years old to be worth it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rhinodad on December 31, 2020, 11:04:41 AM
As I'm new to this, just wondering if there's a correlation between actively using the card as your daily card and not being shut down. I can understand why a bank may shut down a card if it appears only being used for tradelines, but would they shut it down if you are charging $2000 per month on that card and selling tradelines on it? Seems like they may be foolish to do that. I find it somewhat funny, especially as I've added users to both Discover and BofA, and on both of those pages it says proudly "Add friends and family as a user", then they shut them down for adding too many "friends" or family. I look it as we are just using either tradeline company to "vet our friends".
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 31, 2020, 11:05:42 AM
Right, just accept the risk that the banks you do want to do business with might get gobbled up by a bigger one someday. Like, a few years ago if you'd said "I'm happy never to do business with Chase, I'm just fine with my accounts at my local Washington Mutual...", you'd be disappointed now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 31, 2020, 11:11:06 AM
Right, just accept the risk that the banks you do want to do business with might get gobbled up by a bigger one someday. Like, a few years ago if you'd said "I'm happy never to do business with Chase, I'm just fine with my accounts at my local Washington Mutual...", you'd be disappointed now.

Understood, but I only use Credit Unions for my normal banking and non-tradeline credit cards with very long account history - no chance of Chase buying those up. The only relationship I have with national banks is for credit cards for sign-up bonuses and tradelines. And I never keep much in the way of reward points with them. I don't travel so generally they're only good for cash back. I did have about 25k points on my Barclays card which I just realized can be used for statement credits on grocery, restaurant, and gas - not just travel. It's only good through the end of January but that let me get $0.01 per point whereas straight cash back would have normally been valued at only $0.005 per point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 31, 2020, 11:34:44 AM
As I'm new to this, just wondering if there's a correlation between actively using the card as your daily card and not being shut down. I can understand why a bank may shut down a card if it appears only being used for tradelines, but would they shut it down if you are charging $2000 per month on that card and selling tradelines on it? Seems like they may be foolish to do that. I find it somewhat funny, especially as I've added users to both Discover and BofA, and on both of those pages it says proudly "Add friends and family as a user", then they shut them down for adding too many "friends" or family. I look it as we are just using either tradeline company to "vet our friends".

You'd think after 94 pages of comments we'd have it all figured out... but it depends and really tough to know if any of that helps you but there are plenty of examples of people who used and then lost their cards.  Banks certainly will close accounts regardless of TL usage when cards go unused or they lower CL when you don't use them much.  Some people follow all the guidelines and still lose accounts.  Don't sell anything you aren't afraid to lose. 

As your first oh crap call may be with the fraud department even without a shutdown they will look at card patterns.  There's some speculation that your overall relationship (tenure, number of accounts) may help you.  But banks will shut you down for any number of reasons that want to, including excessive tradelines.

The other risk of your daily card being sold is you have to constantly make sure you're under 10% utilization.   If you don't spend much and have a big limit that's easy but for some not selling your daily card may be better.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rhinodad on December 31, 2020, 12:17:31 PM
As I'm new to this, just wondering if there's a correlation between actively using the card as your daily card and not being shut down. I can understand why a bank may shut down a card if it appears only being used for tradelines, but would they shut it down if you are charging $2000 per month on that card and selling tradelines on it? Seems like they may be foolish to do that. I find it somewhat funny, especially as I've added users to both Discover and BofA, and on both of those pages it says proudly "Add friends and family as a user", then they shut them down for adding too many "friends" or family. I look it as we are just using either tradeline company to "vet our friends".

You'd think after 94 pages of comments we'd have it all figured out... but it depends and really tough to know if any of that helps you but there are plenty of examples of people who used and then lost their cards.  Banks certainly will close accounts regardless of TL usage when cards go unused or they lower CL when you don't use them much.  Some people follow all the guidelines and still lose accounts.  Don't sell anything you aren't afraid to lose. 

As your first oh crap call may be with the fraud department even without a shutdown they will look at card patterns.  There's some speculation that your overall relationship (tenure, number of accounts) may help you.  But banks will shut you down for any number of reasons that want to, including excessive tradelines.

The other risk of your daily card being sold is you have to constantly make sure you're under 10% utilization.   If you don't spend much and have a big limit that's easy but for some not selling your daily card may be better.

Thanks for the feedback. This makes sense. We won't sell anything we aren't afraid to use...but was hoping to tip the odds by perhaps using those cards a little more frequently. I also have 5 adult kids, so on some of the ones that don't seem to have lifetime limits, may try and add them from time to time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 31, 2020, 01:53:43 PM
Right, just accept the risk that the banks you do want to do business with might get gobbled up by a bigger one someday. Like, a few years ago if you'd said "I'm happy never to do business with Chase, I'm just fine with my accounts at my local Washington Mutual...", you'd be disappointed now.

Understood, but I only use Credit Unions for my normal banking and non-tradeline credit cards with very long account history - no chance of Chase buying those up. The only relationship I have with national banks is for credit cards for sign-up bonuses and tradelines. And I never keep much in the way of reward points with them. I don't travel so generally they're only good for cash back. I did have about 25k points on my Barclays card which I just realized can be used for statement credits on grocery, restaurant, and gas - not just travel. It's only good through the end of January but that let me get $0.01 per point whereas straight cash back would have normally been valued at only $0.005 per point.

Banks have acquired credit unions and credit unions have acquired banks. The smaller your credit union is, the more likely it could get gobbled up someday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 01, 2021, 03:40:56 PM
Does Amazon still allow you to set up multiple auto reloads to your gift card balance using multiple credit cards? I set 1 up, but when I went to set up my other cards, it looks like it just switched out the card and didn’t let me add it. I also see the minimum reload amount is now $5 — I think it used to be $2.50.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 02, 2021, 11:13:51 AM
Manual reloads of 99 cents still work.  It's what I do for my "low balance forgiveness" cards every month.  Just did several of them on the 29th.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ShellyFlorida on January 03, 2021, 08:12:41 AM
I just went to remove an AU from Capital One for the first time and received the following message. Just curious, does anyone have any experience removing someone and then wanting to add them again later (say a personal connection that you decide to add back a couple of months later.)

"Sam will be removed and will no longer have access to your account. You won't be able to undo this, and you won't be able to re-add Sam to the account."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 04, 2021, 12:54:40 PM
Update on the Harley cards.  Just got envelopes to return METAL cards.  I've never received a metal card so figure they're starting to issue them and the system got ahead of reality.  Sent them the cancelled AU plastic card that I still had.  (I had been burning cards as soon as I get them)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 05, 2021, 07:07:22 AM
Just tried to sign up for the Barclays uPromise card to start seasoning it. I got the "we're reviewing your application" message, aka denial. I've got an ~800 score, 100k income, and have only opened a few CC accounts in the last couple of years.

I'm thinking of trying a local bank for an Elan card but I'm wondering if their interface will be as easy as Capital One and Barclays to add/remove AUs. I don't want to be calling in every month to make changes.

I'm also considering this Chase Freedom Unlimited card with no annual fee
https://www.doctorofcredit.com/targeted-chase-freedom-freedom-unlimited-200-bonus-5-back-on-groceries-up-to-12k-first-year/

Any other suggestions for new cards to season with the Old Company?

Another "reviewing application" for the Elan Max Cash Preferred but I was approved for an $18k limit for the Chase Freedom Unlimited. So in just two short years I can start making $200 per tradeline with that. In the meantime, no annual fee and $200 cash back. The 5% on groceries for the first year will be good too as our typical monthly grocery bill is over $1,000 (big family).

I just got an email I was approved for an Elan Max Cash Preferred card with a $20k limit. I guess the manual review went in my favor.

I called Barclay's reconsideration line and was told I had to send a front and back copy of my driver's license and social security card plus a utility bill from the last 30 days to verify my identity before they would consider giving me a second card. I'll probably go ahead and do it since Barclay's has been so easy to add and remove tradelines. Besides, whatever hit to my credit from that inquiry has already occurred, might as well get something out of it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chicagomeg on January 07, 2021, 09:46:42 AM
My ongoing issues w/my postal carrier not delivering any mail to our address with a different name have caused an issue. PNC is now requiring me to verify the CVV code before they can remove an AU. I told them that I had "misplaced" the card and they told me I have to report it lost/stolen. I asked if I need to complete that before they can remove the AU & they said they will have to verify the CVV before they can remove the AU. Given that I have received 1 out of about 10 AU cards in the last 6 months, I am skeptical I will ever get the replacement card that is sent out and therefore may be in an endless loop to try to remove this user.

I'm considering opening a PO Box to deal with this but not sure it will be any better--during the PO Box enrollment application it asks for your name and suggests there is a fee for each additional name added to the PO Box past a certain point. I'm in Chicago if anyone has specific experience with our post offices btw.

Anyone have a better idea of how to get out of the trap & keep milking this card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 07, 2021, 12:25:41 PM
That's the opposite of my problem.  I get all kinds of mail and offers for all the AU I add.  I also get a lot of my neighbors mail.  I also get mail addressed to every person that's ever lived in this house.  Sometimes I get mail addressed to a random person that doesn't fall into the above categories.  Sometimes it lists my address, but sometimes it's not even my address. 

"Hmm I don't know where this mail goes.  Just deliver it to frugalnacho's house."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: anni on January 07, 2021, 12:42:09 PM
Are the companies taking cards right now? I have a couple, between 2-6 years old with between $5K-$30K credit limits that I was hoping to enroll, but I didn't have any success last time I tried to start ip.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 07, 2021, 01:07:06 PM
Are the companies taking cards right now? I have a couple, between 2-6 years old with between $5K-$30K credit limits that I was hoping to enroll, but I didn't have any success last time I tried to start ip.

I don't believe so. New company might be.

Old company only opens registration rarely, so it's worth jumping on when they do. Otherwise just check in with them periodically.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 07, 2021, 06:46:43 PM
I know these two companies are the only two that  take the precautions to be worthy of a recommendation here but if they’re not taking new cards why not use one of the other tradeline  companies out there? Or as has been mentioned here why not someone here start a TL company?

The two TL companies that I work with I can tell don’t take all the precautions these companies do but they take most and do make sure buyers are legit and  I end up selling most of my card spots every month and they’re desperate for more cards... my best selling card is an Amx which the two companies here don’t even want. 

No doubt this thread is the reason a lot of people have made some nice money  but it would seem like maybe a third company that meets all the criteria might help.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on January 07, 2021, 07:05:43 PM
My ongoing issues w/my postal carrier not delivering any mail to our address with a different name have caused an issue. PNC is now requiring me to verify the CVV code before they can remove an AU. I told them that I had "misplaced" the card and they told me I have to report it lost/stolen. I asked if I need to complete that before they can remove the AU & they said they will have to verify the CVV before they can remove the AU. Given that I have received 1 out of about 10 AU cards in the last 6 months, I am skeptical I will ever get the replacement card that is sent out and therefore may be in an endless loop to try to remove this user.

I'm considering opening a PO Box to deal with this but not sure it will be any better--during the PO Box enrollment application it asks for your name and suggests there is a fee for each additional name added to the PO Box past a certain point. I'm in Chicago if anyone has specific experience with our post offices btw.

Anyone have a better idea of how to get out of the trap & keep milking this card?

The thing with PNC is that all AU cards have the identical card number and identical CVV number to your card. They will come with an activation sticker that makes it look like you need to activate the card but you don't, it's already active. So if you want you can call in to remove an AU and just give them your CVV number(it's the same). HOWEVER the caveat with doing that is the AU will be removed but the card remains active so if you don't have the card, you potentially have a hot card floating around somewhere out there. The ONLY way to actually de-activate an AU card, if you don't have it and can destroy it, is to declare it lost/stolen. This, however, will cause your card and any other AU cards to be closed and reissued with new numbers. When you call to remove an authorized user, they will read a statement that you are still on the hook for any charges made with the card. They will then ask you if you are in possession of the AU card or if you can gain possession. If you are not/cannot, they will need to report lost/stolen and re-issue your card/other AU cards with new numbers. I do not like the way PNC handles AU's with issuing your CC number CVV number to all authorized user cards, however I have been using PNC for tradelines for a long time and never had a problem from them so I deal with how they do things.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 07, 2021, 07:39:40 PM
I know these two companies are the only two that  take the precautions to be worthy of a recommendation here but if they’re not taking new cards why not use one of the other tradeline  companies out there? Or as has been mentioned here why not someone here start a TL company?

See the second post in this thread for the answer to your first question.

In response to your second question, some MMMers talked about it for a while but nothing ever came of it.  I think it's too much work, or too much like work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chicagomeg on January 07, 2021, 08:00:01 PM
My ongoing issues w/my postal carrier not delivering any mail to our address with a different name have caused an issue. PNC is now requiring me to verify the CVV code before they can remove an AU. I told them that I had "misplaced" the card and they told me I have to report it lost/stolen. I asked if I need to complete that before they can remove the AU & they said they will have to verify the CVV before they can remove the AU. Given that I have received 1 out of about 10 AU cards in the last 6 months, I am skeptical I will ever get the replacement card that is sent out and therefore may be in an endless loop to try to remove this user.

I'm considering opening a PO Box to deal with this but not sure it will be any better--during the PO Box enrollment application it asks for your name and suggests there is a fee for each additional name added to the PO Box past a certain point. I'm in Chicago if anyone has specific experience with our post offices btw.

Anyone have a better idea of how to get out of the trap & keep milking this card?

The thing with PNC is that all AU cards have the identical card number and identical CVV number to your card. They will come with an activation sticker that makes it look like you need to activate the card but you don't, it's already active. So if you want you can call in to remove an AU and just give them your CVV number(it's the same). HOWEVER the caveat with doing that is the AU will be removed but the card remains active so if you don't have the card, you potentially have a hot card floating around somewhere out there. The ONLY way to actually de-activate an AU card, if you don't have it and can destroy it, is to declare it lost/stolen. This, however, will cause your card and any other AU cards to be closed and reissued with new numbers. When you call to remove an authorized user, they will read a statement that you are still on the hook for any charges made with the card. They will then ask you if you are in possession of the AU card or if you can gain possession. If you are not/cannot, they will need to report lost/stolen and re-issue your card/other AU cards with new numbers. I do not like the way PNC handles AU's with issuing your CC number CVV number to all authorized user cards, however I have been using PNC for tradelines for a long time and never had a problem from them so I deal with how they do things.

OMG YOU'RE A LIFESAVER.

I'm basically counting on the fraud protection on these cards to protect me--that makes me a little nervous to know they're all floating around active w/the same info as my real card but c'est la vie. Thanks for the tip!!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 08, 2021, 03:44:51 PM
My ongoing issues w/my postal carrier not delivering any mail to our address with a different name have caused an issue. PNC is now requiring me to verify the CVV code before they can remove an AU. I told them that I had "misplaced" the card and they told me I have to report it lost/stolen. I asked if I need to complete that before they can remove the AU & they said they will have to verify the CVV before they can remove the AU. Given that I have received 1 out of about 10 AU cards in the last 6 months, I am skeptical I will ever get the replacement card that is sent out and therefore may be in an endless loop to try to remove this user.

I'm considering opening a PO Box to deal with this but not sure it will be any better--during the PO Box enrollment application it asks for your name and suggests there is a fee for each additional name added to the PO Box past a certain point. I'm in Chicago if anyone has specific experience with our post offices btw.

Anyone have a better idea of how to get out of the trap & keep milking this card?

My experience with the PO BOX from USPS has been mixed.  I had some delivery issues due to last name being different.  However, I also had this with my spouse where maiden name was used for whatever reason on mail.  This is despite her name being on the box both ways when setup.  I don't think it is so much a financial thing but more of a liability/registration thing.  ie only accept mail for names listed on this form that someone signed.

Since you're in Chicago, I am not sure if this will work for you...  My suggestion would be to get a USPS PO box at a smaller post office location.  Mine is a small, rural location and I still ran into that problem mentioned.  Good luck!

P.S. Sad but true... I also had USPS return mail to my home address to a sender indicating the recipient was deceased.  We checked and both of us were still very much alive.  No clue how that happened but it happened for at least a few weeks!  We found this out months later when 1-2 companies indicated non-renewal of a service because we were deceased!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 08, 2021, 07:36:04 PM
PSA--

Old company 1099 is available on payroll site.  I happened to check today so not sure when posted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 08, 2021, 08:42:11 PM
PSA--

Old company 1099 is available on payroll site.  I happened to check today so not sure when posted.

Also of note, people will now receive a Form 1099-NEC with an amount in box 1, rather than the old 1099 with an amount in box 7.  Same idea, just a new form and new box (and provided earlier).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 09, 2021, 11:12:35 AM
PSA--

Old company 1099 is available on payroll site.  I happened to check today so not sure when posted.

Also of note, people will now receive a Form 1099-NEC with an amount in box 1, rather than the old 1099 with an amount in box 7.  Same idea, just a new form and new box (and provided earlier).


Good info, thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 10, 2021, 05:28:48 PM
My first trade lines sold the other day on 12/3. I figured that both orders would have to be on there for at least 60 days before removing so I set a reminder to check on everything and moved on. 12/11 I get an email suggesting to remove the AUs from the Capital One card. So, I removed them. I really figured that they would have had to of been on there much longer than that. Is it normal to have an AU on for only a week's time? Something wrong with my card perhaps? It is not used often and is mainly held on to for its age, limit, and tradelines now. I've been on with the company since 2019 and these are my first orders so I'm just trying to get an idea of what's going on.

Not sure which company but Old Company is having some portal issues. I had 2 AUs for Cap One that were supposed to be on for 5 months, which ended up being a mistake. I removed them, as instructed, and sold 2 more spots. Those spots didn't show up as filled and got another order. I just emailed the company and they are trying to fix the errors.

Has some same issues with old company. Sold 2, show that I still had those lines to sell, and the removal date was 2/29/2020. Emailed them with screen shots and they are trying to fix the issues.

FYI for others... I had (have still) this problem also.  I didn't realize it when folks initially posted.

I am confirming removal with old company to be sure but happened once already & confirmed; I think I have another one with an incorrect removal date.  I probably lost a couple of orders due to this issue so I wish I had noticed what was going on sooner.

Thanks to everyone who mentioned this issue!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on January 10, 2021, 05:46:28 PM
For the old company, I remove when the payment closes.  Never been a problem.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 11, 2021, 09:43:22 AM
For the old company, I remove when the payment closes.  Never been a problem.

Do you mean the date you are paid?  ie 30/31 of the month

thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on January 11, 2021, 09:50:15 AM
For the old company, I remove when the payment closes.  Never been a problem.

Do you mean the date you are paid?  ie 30/31 of the month

thanks

Yep.  Usually a few days later, if I remember. 

This is not what they recommend though, so proceed at your own risk.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 11, 2021, 09:56:26 AM
Just got a call asking for one of my recent tradelines. I said I think you have the wrong number and said I'd never heard of the person (it was a woman's name). I'm guessing it was a collections agency of some sort that saw my address pop up on her credit report. The name sounded vaguely familiar and I had to check my spreadsheet I keep of tradelines to make sure. Oh well, small price to pay. Maybe this will help confuse the various data aggregators that already have all of my personal information in a thousand databases.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 11, 2021, 10:00:04 AM
For the old company, I remove when the payment closes.  Never been a problem.

Do you mean the date you are paid?  ie 30/31 of the month

thanks

Yep.  Usually a few days later, if I remember. 

This is not what they recommend though, so proceed at your own risk.

Thanks for the reply.

I hope they fix the problem soon.  Seems to have started just a few months ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on January 11, 2021, 10:46:57 AM
Just got a call asking for one of my recent tradelines. I said I think you have the wrong number and said I'd never heard of the person (it was a woman's name). I'm guessing it was a collections agency of some sort that saw my address pop up on her credit report. The name sounded vaguely familiar and I had to check my spreadsheet I keep of tradelines to make sure. Oh well, small price to pay. Maybe this will help confuse the various data aggregators that already have all of my personal information in a thousand databases.

I've had this happen a few times too. I'm pretty sure it's just debt collectors. I tell them they have the wrong number and I never hear from them again.

Just a reminder to everyone: you have no responsibility for an AU's debts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 12, 2021, 07:46:48 AM
Just got a call asking for one of my recent tradelines. I said I think you have the wrong number and said I'd never heard of the person (it was a woman's name). I'm guessing it was a collections agency of some sort that saw my address pop up on her credit report. The name sounded vaguely familiar and I had to check my spreadsheet I keep of tradelines to make sure. Oh well, small price to pay. Maybe this will help confuse the various data aggregators that already have all of my personal information in a thousand databases.

I've had this happen a few times too. I'm pretty sure it's just debt collectors. I tell them they have the wrong number and I never hear from them again.

Just a reminder to everyone: you have no responsibility for an AU's debts.

I have had these calls from time to time. And then a couple of years ago someone knocked on my door, showed me his badge, and claimed he was from the State’s Attorney’s office! He showed me some paperwork with a photo and asked if I knew the person. The name did not ring a bell, but as soon as he left, I searched my record of AUs, and sure enough, it was an AU I had previously added!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 12, 2021, 08:20:14 AM


I have had these calls from time to time. And then a couple of years ago someone knocked on my door, showed me his badge, and claimed he was from the State’s Attorney’s office! He showed me some paperwork with a photo and asked if I knew the person. The name did not ring a bell, but as soon as he left, I searched my record of AUs, and sure enough, it was an AU I had previously added!

To those who are just considering selling tradelines, if you are not prepared to deal with this situation or things like banks  doing fraud investigations and shutting down your cards, maybe find other things to do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 12, 2021, 10:40:56 AM
Just got a call asking for one of my recent tradelines. I said I think you have the wrong number and said I'd never heard of the person (it was a woman's name). I'm guessing it was a collections agency of some sort that saw my address pop up on her credit report. The name sounded vaguely familiar and I had to check my spreadsheet I keep of tradelines to make sure. Oh well, small price to pay. Maybe this will help confuse the various data aggregators that already have all of my personal information in a thousand databases.

I've had this happen a few times too. I'm pretty sure it's just debt collectors. I tell them they have the wrong number and I never hear from them again.

Just a reminder to everyone: you have no responsibility for an AU's debts.

I have had these calls from time to time. And then a couple of years ago someone knocked on my door, showed me his badge, and claimed he was from the State’s Attorney’s office! He showed me some paperwork with a photo and asked if I knew the person. The name did not ring a bell, but as soon as he left, I searched my record of AUs, and sure enough, it was an AU I had previously added!
Hah!

That's an interesting story. I have one that might top it, but it's still in a tentative phase where I can't discuss it yet.

I a month or two though expect a good one...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 13, 2021, 02:52:21 PM


I have had these calls from time to time. And then a couple of years ago someone knocked on my door, showed me his badge, and claimed he was from the State’s Attorney’s office! He showed me some paperwork with a photo and asked if I knew the person. The name did not ring a bell, but as soon as he left, I searched my record of AUs, and sure enough, it was an AU I had previously added!

To those who are just considering selling tradelines, if you are not prepared to deal with this situation or things like banks  doing fraud investigations and shutting down your cards, maybe find other things to do.

Agree with this advice! I was shaking the entire time, thinking he’s probably asking about one of the AUs. I also wondered if they were possibly investigating me! But this was ~3 years ago and nothing ever came of it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 14, 2021, 06:28:49 AM
Just got a call asking for one of my recent tradelines. I said I think you have the wrong number and said I'd never heard of the person (it was a woman's name). I'm guessing it was a collections agency of some sort that saw my address pop up on her credit report. The name sounded vaguely familiar and I had to check my spreadsheet I keep of tradelines to make sure. Oh well, small price to pay. Maybe this will help confuse the various data aggregators that already have all of my personal information in a thousand databases.

I've had this happen a few times too. I'm pretty sure it's just debt collectors. I tell them they have the wrong number and I never hear from them again.

Just a reminder to everyone: you have no responsibility for an AU's debts.

I have had these calls from time to time. And then a couple of years ago someone knocked on my door, showed me his badge, and claimed he was from the State’s Attorney’s office! He showed me some paperwork with a photo and asked if I knew the person. The name did not ring a bell, but as soon as he left, I searched my record of AUs, and sure enough, it was an AU I had previously added!

I experienced something similar a couple years ago. A big repo man showed up looking for an AUs vehicle. I was very nice and courteous to him. I even opened the garage to show him there was no vehicle of such kind and explained that I have been living in our current home for several years. He seemed taken back that I was being very kind to him. So much so that he said he could tell I was telling the truth. It just happened that the AU lived in the same state as me and actually had family in the same town. I think I prefer the occasional mail and phone call. Ha!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 14, 2021, 06:29:48 AM
FYI, I emailed new company for payment dating back to July of last year. They responded immediately and I was paid the very next day. Maybe it's getting better?

Edit: to add it was the new company not the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 14, 2021, 10:31:10 AM
FYI, I emailed old company for payment dating back to July of last year. They responded immediately and I was paid the very next day. Maybe it's getting better?
(edited~ oops! I was talking about the new company)
The owner of NEW (edited) Company is wonderful and prompt about paying WHEN I INQUIRE. But it's not automatic. I also wrote about payments from July and August last week and he was polite and gave me a dollar amount and asked if that matched my records, and sent it immediately. 

I don't understand why they don't have the payments automated. He knew the amount he owed (or rather was able to look it up quickly) but nobody is sending it until asked.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on January 14, 2021, 10:43:08 AM
Are the last couple of posts talking about the new company or old company?

In my experience and in the history of this (long) thread, it's always been the new company with late payment problems.  So much so that I stopped using them and work only with the old company now. 

The old company has always been prompt with payments and it's fully automated.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 14, 2021, 12:57:02 PM
Are the last couple of posts talking about the new company or old company?

In my experience and in the history of this (long) thread, it's always been the new company with late payment problems.  So much so that I stopped using them and work only with the old company now. 

The old company has always been prompt with payments and it's fully automated.

Not the posters but I think you are right.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on January 14, 2021, 01:30:25 PM
This thread has been going on for so long now, the "new" company isn't exactly new.  I know the reasons why we didn't want to name the companies before, but can we start using abbreviations for them, like TLM or BC101 and CCPro?

Moderators: Please delete if even the above is not allowed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 14, 2021, 01:37:06 PM
I've received payments monthly like clockwork from the old company.  I didn't pay attention and went over a year without payment from the new company until I first emailed them a breakdown, then sent a copy to Joe, who I assume sent it in as I was paid shortly after that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 14, 2021, 04:13:57 PM
I've received payments monthly like clockwork from the old company.  I didn't pay attention and went over a year without payment from the new company until I first emailed them a breakdown, then sent a copy to Joe, who I assume sent it in as I was paid shortly after that.

Yes, I misspoke. The old company does operate like clockwork for me just as you say. The NEW company is the one that waits for me to ask.  However, they have always paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on January 14, 2021, 04:15:41 PM
This thread has been going on for so long now, the "new" company isn't exactly new.  I know the reasons why we didn't want to name the companies before, but can we start using abbreviations for them, like TLM or BC101 and CCPro?

Moderators: Please delete if even the above is not allowed.

I joined the NEW company first. The old company wasn't open to new cards.  Later I was able to join the old company. So in my mind I think of them backwards sometimes since I joined NEW first and OLD recently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on January 14, 2021, 07:04:03 PM
This thread has been going on for so long now, the "new" company isn't exactly new.  I know the reasons why we didn't want to name the companies before, but can we start using abbreviations for them, like TLM or BC101 and CCPro?

Moderators: Please delete if even the above is not allowed.

I joined the NEW company first. The old company wasn't open to new cards.  Later I was able to join the old company. So in my mind I think of them backwards sometimes since I joined NEW first and OLD recently.

Me too. I edited my comment as I actually meant the new company. Old company still pays like clockwork.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 17, 2021, 03:19:14 PM
As tax filing time is upon us, I'm curious how everyone categorizes their expenses for their tradeline sales?

I only made $400 in 2020 but I had two annual credit card fees and I'm trying to decide whether to put those under "Credit card, loan, and other interest" which I believe will be filled in block 16b on my Schedule C, or if some other category makes more sense.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 17, 2021, 03:25:46 PM
As tax filing time is upon us, I'm curious how everyone categorizes their expenses for their tradeline sales?

I only made $400 in 2020 but I had two annual credit card fees and I'm trying to decide whether to put those under "Credit card, loan, and other interest" which I believe will be filled in block 16b on my Schedule C, or if some other category makes more sense.

I think line 10 (Commissions and fees) would make more sense.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on January 18, 2021, 10:01:42 AM
So some of us got messages from Discover last year that we had to wait to add more authorized users. I had a message that I could not add any more Authorized users until after 12/19/20.

But today, I log into Discover to add my next batch of AUs and now it says that I cannot add anymore until 6/14/21? I haven't added any users to that card in months, so I' not sure why that date was extended for no reason.

Have any of you Discover users run into this? The chat agent told me I had to call their customer protection phone number for help, but I'm hesitant to do so, because if they look further into my account they'll see a ton of past authorized users and might shut me down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on January 18, 2021, 06:44:03 PM
So some of us got messages from Discover last year that we had to wait to add more authorized users. I had a message that I could not add any more Authorized users until after 12/19/20.

But today, I log into Discover to add my next batch of AUs and now it says that I cannot add anymore until 6/14/21? I haven't added any users to that card in months, so I' not sure why that date was extended for no reason.

Have any of you Discover users run into this? The chat agent told me I had to call their customer protection phone number for help, but I'm hesitant to do so, because if they look further into my account they'll see a ton of past authorized users and might shut me down.

I had that message from Discover and put my card on hold with the TL company until I was able to add more online(3 months). They said I should be able to call in and add without an issue but I decided to play it safe.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: anonymouscow on January 19, 2021, 02:34:15 PM
Michael in ABQ, that's interesting to note on the internal trade limit. What's the plan after that limit is reached for said card? I'm wondering if there ever comes a time when you can begin using it for tradelines again. Barclay's has been really good for me in the tradeline space and I'd hope to keep it going. Perhaps I will open another card and let it season for 2 years to hit the bigger tradeoffs.

Are there any other internal AU limits for other cards? If so, how would we find out about them?

After I reached the limit on my Barclay card I was able to transfer the available credit to a second Barclay card that I had opened 2 years ago. One was 7k and one was 8k, so it ended up being 15k.

I asked if I could change the card that reached the AU limit to something else, but they said they couldn’t change it, I would have to apply for a new card.

I don’t know of limits for any other cards, I haven’t run into any limits except for Barclays.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: falsekrakk808 on January 19, 2021, 09:06:05 PM
Michael in ABQ, that's interesting to note on the internal trade limit. What's the plan after that limit is reached for said card? I'm wondering if there ever comes a time when you can begin using it for tradelines again. Barclay's has been really good for me in the tradeline space and I'd hope to keep it going. Perhaps I will open another card and let it season for 2 years to hit the bigger tradeoffs.

Are there any other internal AU limits for other cards? If so, how would we find out about them?

After I reached the limit on my Barclay card I was able to transfer the available credit to a second Barclay card that I had opened 2 years ago. One was 7k and one was 8k, so it ended up being 15k.

I asked if I could change the card that reached the AU limit to something else, but they said they couldn’t change it, I would have to apply for a new card.

I don’t know of limits for any other cards, I haven’t run into any limits except for Barclays.
Anonymouscow, that's good to know. I didn't think to open another Barclays card now so that'll season in time for the first one to reach it's limits. My initial thought was the limit applied to all Barclays cards, apparently not which is good news. Now, I have homework to find a decent Barclays card to apply for.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on January 19, 2021, 10:38:42 PM
So some of us got messages from Discover last year that we had to wait to add more authorized users. I had a message that I could not add any more Authorized users until after 12/19/20.

But today, I log into Discover to add my next batch of AUs and now it says that I cannot add anymore until 6/14/21? I haven't added any users to that card in months, so I' not sure why that date was extended for no reason.

Have any of you Discover users run into this? The chat agent told me I had to call their customer protection phone number for help, but I'm hesitant to do so, because if they look further into my account they'll see a ton of past authorized users and might shut me down.

I had that message from Discover and put my card on hold with the TL company until I was able to add more online(3 months). They said I should be able to call in and add without an issue but I decided to play it safe.

Yeah, I'm just going to play it safe and just wait it out, no point in drawing additional scrutiny to that card as it has been a good seller and is easy to add/remove AUs. I'll just put the card on hold with my TL company until June.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 21, 2021, 09:19:08 AM
Might be a stretch as I know most here don't sell spots on Amx but after around 50 adds they took away my ability to add online.  This card is by far my best seller so hope to not lose it but if  so it was a good run.

Account still active, no shutdown. Anyone else run into this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on January 21, 2021, 09:22:25 AM
Might be a stretch as I know most here don't sell spots on Amx but after around 50 adds they took away my ability to add online.  This card is by far my best seller so hope to not lose it but if  so it was a good run.

Account still active, no shutdown. Anyone else run into this?

I thought Amex didn't work because they don't report to the credit agencies (thus no benefit to the AU). How did you get Amex to work?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 21, 2021, 09:25:13 AM
Amex does report, it just reports the date the AU was added as the card opening date. So they don't get the longevity or card history, jus the credit limit. Way less of a benefit. But some of the TL companies will take them. Not many, for good reasons.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 21, 2021, 09:29:05 AM
The companies that do take Amex (credit cards only) take them and sell them to a client along with a card with age... because Amex doesn't report the age of the account.   So a high limit Amex and a card that's been around for some time together have a more positive impact than an older but lower limit card on it's own.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on January 21, 2021, 10:32:24 AM
Might be a stretch as I know most here don't sell spots on Amx but after around 50 adds they took away my ability to add online.  This card is by far my best seller so hope to not lose it but if  so it was a good run.

Account still active, no shutdown. Anyone else run into this?

Did they send you any sort of notice?  Or did the "Add AU" button just disappear from your online account?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 21, 2021, 10:37:16 AM
When I click on add AU I get "We are sorry, you are not able to apply for an Additional Card online."

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 22, 2021, 06:38:11 AM
So my tradeline company let me know that a lot of people are having trouble adding Amex AUs online.  So doesn't seem to be just me. 

Seems like the worst they will do to anyone is a financial review which can get you shutdown, but they just want to make sure you can pay your bills.

Always good when the best earning card lives another day.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 22, 2021, 08:18:18 AM
So my tradeline company let me know that a lot of people are having trouble adding Amex AUs online.  So doesn't seem to be just me. 

Seems like the worst they will do to anyone is a financial review which can get you shutdown, but they just want to make sure you can pay your bills.

Always good when the best earning card lives another day.

Good info - thanks!  I don't sell AU spots on Amex myself.

Not to get too far off topic but wondering if any of you happen to know....  I had an amex card in the early 2000's and closed it at some point.  I got a new amex a couple of years ago.  I recently noticed that it shows "Member since 2000" in their site and emails.  Is that normal?  Based on the way they handle AU's and just common sense, it seems odd.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 22, 2021, 08:25:54 AM
My experience on Amex with "Member since" has been pretty random.  Got a new card and it said member since 2020, while my other cards correctly say 01.

Also noticed for some of the AUs I've added Amex pulls the member since date, looking at an AU card right now that says member since 99.  I'm guessing like you that many of the AUs I've added with a member since from the past had or have a gap in membership.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on January 28, 2021, 06:27:17 PM
Late to the game here but interested. Since 2016, what has significantly changed with all this? It seems like it's harder to get as many AUs as it was prior? For those of you still actively doing this, what are you bringing in per card, on average, and what are some of the risks/caveats you've faced these days?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on January 28, 2021, 07:33:20 PM
ptf
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on January 28, 2021, 07:50:03 PM
I don’t think much has changed except the 2 TL companies mentioned here got flooded with cards.

This past year, there was a big spike in demand for tradeline slots, probably because a lot of people were looking to get mortgages and take advantage of super low rates.

The only caveat that I can really think of is that I regularly get calls from collections companies looking for past AUs and junk mail for them too.

Worth it, imo.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 28, 2021, 08:17:54 PM
I've only used the old company and starting about a year ago my newer cheaper cards consistently sold both slots every month but it was only $25 or $50. Since my $25 card turned two years old a few months ago, and the commission increased to $125, I haven't sold a single slot. Hoping that changes soon and my second $50 Barclays card will go to $175 in a couple of months when it hits the two-year mark.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: goodlivin23 on January 29, 2021, 12:22:21 AM
Hi All,
Quick question - is there anyway to pay your rent by credit card? My landlady typically only takes checks. I know cashiers checks/money orders can't be purchased with a credit card. I buy so very little (yay!) but want to use my cards to have a better chance of increasing my credit limit. I just got 2 new Barclays cards (yay, again) but both limits are only $5k. I saw somewhere on this site where someone explained how you can buy something - similar to a cashiers check - using your credit card.
Thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 29, 2021, 05:35:00 AM
There are a few options to use a credit card to pay rent.  Plastiq and radpad? are the two most common.

I’ve made just under $12k since October on TL sales.  Admittedly I have a lot of older ideal cards and I’m taking a risk working with different TL companies (not the ones recommended here).  Best card yields me $450 a spot and my most popular one only $100. Having read this entire thread I’m certainly prepared for a shutdown eventually but have already made enough that it was worth it.  If someone offered you thousands of dollars to close one of your many credit cards and not work with that bank again, I assume you’d be all over it. 

Sales are driven by mortgage activity and car buying so no doubt that helped.

Seeking credit card bonuses is also a nice way to  season the next generation of cards.  Since the fall I’ve added a few that will be nice money makers in 2 years. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on January 29, 2021, 08:33:23 AM
Quote
Might be a stretch as I know most here don't sell spots on Amx but after around 50 adds they took away my ability to add online.  This card is by far my best seller so hope to not lose it but if  so it was a good run.

Account still active, no shutdown. Anyone else run into this?

I have run into that problem, I added about 55 AU to Amex - they may just have a 55 AU limit, or it is a web site issue.
I can still use my card, not shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 29, 2021, 08:39:09 AM
Thanks BikeFanatic for the data point.

it used to be up to 99 and then you reset after a year and you could move CL and do adds to another card... but both of my personal Amex cards are restricted with adding online and over the phone.  But the good part is not losing the card itself and no financial review.  Still money to be made with 6% on grocery spend until the AUs come back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on January 29, 2021, 09:59:51 AM
Hi All,
Quick question - is there anyway to pay your rent by credit card? My landlady typically only takes checks. I know cashiers checks/money orders can't be purchased with a credit card. I buy so very little (yay!) but want to use my cards to have a better chance of increasing my credit limit. I just got 2 new Barclays cards (yay, again) but both limits are only $5k. I saw somewhere on this site where someone explained how you can buy something - similar to a cashiers check - using your credit card.
Thank you!
I also just received 2 Barclay's cards.  Using the online option, I requested a CL increase on one and immediately got it.  I've read that you can bump the Credit Limits (CL) every 6 months without a pull on your credit score.  I set a reminder.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 29, 2021, 10:27:51 AM
Late to the game here but interested. Since 2016, what has significantly changed with all this? It seems like it's harder to get as many AUs as it was prior? For those of you still actively doing this, what are you bringing in per card, on average, and what are some of the risks/caveats you've faced these days?

I find it's seasonal with New Company. I've got 5 cards with them, and in the latter half of the year, three or four are booked solid ($10K cards, 2-3 years old), while the fifth card--my oldest, highest limit (20 years old, $28K), most expensive sale--only sees a couple of sales per year, sometimes none.

Old Company, I've got three cards in the lowest range ($1k - $10k and 1-3 years old) and they're oversold--I'm using three or four of my "two" spots regularly. They sell new slots a day or two before the old slots are even due to be removed.


Been in since mid-2017, about to hit 100 total sales. Had 25 orders in the last calendar year... five in the first six months, 20 in the last six months. I think 25 might be the most I've had in a year, and they brought in about $3000 total last year. So $120/order average.

 
Don't think I can speak to any risks... haven't had any problems at all. Just easy churn in and out. I don't care about the cards and I'm fine if they get shut down and closed. All I really have to keep an eye on is keeping some ready to add in the future.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 29, 2021, 12:08:12 PM
They sell new slots a day or two before the old slots are even due to be removed.

This happens to me as well.  When I asked them about it, they said they are generally OK with me waiting to add the new AU until after the old slot is due to be removed as long as the new AU is added before the closing date on the card.  In all cases like this for me so far, there has always been a day or two window for me to do it that way.

So for example, they'll release a new AU to me on the 20th, old AU is due to come off on the 22nd, and closing date is the 25th.  I just wait, remove the old AU on the 22nd or 23rd, then add the new AU right afterward.  I could wait to add the new AU until the 24th if I wanted to.  But for me it's easiest to do it all in one sitting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on February 04, 2021, 04:33:02 AM
So my tradeline company let me know that a lot of people are having trouble adding Amex AUs online.  So doesn't seem to be just me. 

Seems like the worst they will do to anyone is a financial review which can get you shutdown, but they just want to make sure you can pay your bills.

Always good when the best earning card lives another day.
Same here. I only have had 22 au so far. I hope it’s only a temporary glitch, and not a crackdown on tradeline sellers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on February 04, 2021, 05:19:20 AM
Quick update for Amex.  I was successful adding over chat and I heard others are successful over the phone. Must just be the website for some... though I know it’s working for others.  But glad at least for now it’s not appearing to be a crackdown.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 07, 2021, 11:54:56 AM
Does the old company accept amex? How much do they pay for amex cards? I thought amex didn't report credit card age.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on February 07, 2021, 12:04:20 PM
The companies recommended here don’t take Amex (scroll up for a previous answer) and you’re correct they don’t report age.  But other TL companies will sell Amex spots often along with an aged card from another bank as buyers  do get the benefit of the CL from Amex.

I get $175 a spot for my $60k Amex credit card but I don’t know of any standard offers for them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: freedomfightergal on February 09, 2021, 07:37:37 AM
I love how this beats the reporting agencies at their own game!!  It has always annoyed me that you sometimes have to pay to obtain data on YOURSELF, and that they hold it over your head.  Also that it often makes zero sense! For years I avoided debt & when it came to getting a mortgage I thought I'd be golden, but it turned out, not having debt was a mark against me, SMH.  So I remember getting a credit card just to boost my credit score & was shocked my score jumped by 50 points.  Since then I've set myself up to have a good score in a backwards way, eg I also took a small loan out when buying a car & paid it to almost zero to get the $1k cash back & to get the credit score boost. 

I recently froze my credit too so that my data supposedly can't be shared with others.  Amazing how once that happened I get so much desperate advertising for cheap loans etc.  Anyways love this trade line selling idea!!


Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Brezhnev on February 10, 2021, 05:34:29 AM
Hello, what are the names of companies that accept Amex cards? Between me and my family members we have 10 of these cards. Thank you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: goodlivin23 on February 10, 2021, 09:13:35 PM
So- just tried to sign into my BofA account and was unable to do so. Called in, they said my account has been closed. Apparently, I should be receiving an email about this in 3-5 days. What's up with that? Has this happened to others? Its about 1 1/2 years old and I've only ever had 2 AUs on it at a time. They won't tell me the reason though (I have to wait for the letter). Also, has anyone ever been able to get a company to re-open a card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on February 11, 2021, 03:36:27 AM
BOA closed me 2 years ago for tradelines, I had 2 cards and they closed both suddenly, I was at starbucks and was declined.
I did add more than 2 users at a time and probably only did tradelines a few months before they closed me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 11, 2021, 06:23:07 AM
Yup, BoA fired me.  I posted about it here.  F them. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 11, 2021, 07:39:02 AM
Samesies.  BoA closed my 12 year old account last year.  I posted about it in this thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 11, 2021, 10:33:09 AM
Likewise, they closed all 5 of my cards last year - total of $42k in available credit, gone like a fart in the wind over 3 (count 'em, 3!) total AU! I mean, I knew the risks but just assumed I would get a few more under my belt before they shut me down. That was only about 10% of my available credit, so it wasn't a huge hit. I did like that BoA did a lot of zero percent offers - I've used those in the past for home improvement projects, etc., but I still have quite a few cards that offer them. Screw 'em!  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on February 11, 2021, 11:45:52 AM
Guidance lately  has been to list no more than one AU on BofA lately and keep it on for 3-4 months.  That sucks to have lost it!

If you're a Platinum rewards member that means over 5% on some categories for cash back on their cards which I'd hate to lose. Right now I only list one spot but it does make me nervous

Most important rule of selling TLs is never to list a card you'd hate to lose. Which is why a lot don't list any Chase. But even if you're blacklisted there are plenty of banks who want your business.  of course you have to restart the clock on age of the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 13, 2021, 02:43:59 PM
I got a text and email from the old company that I have to add an AU, but when I log in there are no orders.  Strange.  Ever happen to anyone else?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 13, 2021, 03:20:12 PM
I got a text and email from the old company that I have to add an AU, but when I log in there are no orders.  Strange.  Ever happen to anyone else?

Once or twice.  Email old company and ask.  Usually it's a test or a mistake or a canceled order.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on February 13, 2021, 04:09:03 PM
I got a text and email from the old company that I have to add an AU, but when I log in there are no orders.  Strange.  Ever happen to anyone else?

This happened to me for the first time last week.
Was notified Thursday about the new order, logged in but there was no AU info. I noticed that the order date was early Jan. So notified the company.
Friday I received a request to send a screenshot showing no gear wheel and was told the sale happened in early January but this was a current sale. Send the screenshot Friday night.
Didn't hear anything over the weekend. (Not griping, just giving the rundown, everyone needs time off).
Monday morning got a response and the AU info was now available. Added and hoping it posts.

Hope you get the AU info soon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 14, 2021, 07:14:00 AM
Re BofA: Mine is still going strong but only add maybe a handful of AUs in a year. I'm sure the low number helps a lot

I've noticed lately Barclaycard has the AU pending until I verify further information. I didn't notice on one of my AUs, since this seems to be new for me, and the AU disappeared. I now log in to double check the AU has indeed been added.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on February 14, 2021, 12:47:52 PM
Barclay did that to me 2 weeks ago, wanted documents, the tradeline co sent the documents and they are on there but may have not posted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on February 15, 2021, 01:42:39 PM
I'm sure this has been answered many times in this thread but I don't know how to search it out.

2020 was my first year selling tradelines, I got my 1099-NEC for the $500 I was paid.  It appears to my untrained eye that the 2 most likely ways to treat this for tax purposes are:

1)  consider it a "sporadic activity" and record it on my 1040 as "other income"';  or
2)  fill out form 8919 and use "reason code" H (although I'm not sure of this as it appears to create an adverse claim against the tradeline company but I don't see a more relevant code).

I understand no one can offer me tax advice but I'm hoping someone will share how they treat this income themselves.

Thank you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 15, 2021, 01:49:48 PM
I got a text and email from the old company that I have to add an AU, but when I log in there are no orders.  Strange.  Ever happen to anyone else?

It was a canceled order.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on February 15, 2021, 01:50:29 PM
I'm sure this has been answered many times in this thread but I don't know how to search it out.

2020 was my first year selling tradelines, I got my 1099-NEC for the $500 I was paid.  It appears to my untrained eye that the 2 most likely ways to treat this for tax purposes are:

1)  consider it a "sporadic activity" and record it on my 1040 as "other income"';  or
2)  fill out form 8919 and use "reason code" H (although I'm not sure of this as it appears to create an adverse claim against the tradeline company but I don't see a more relevant code).

I understand no one can offer me tax advice but I'm hoping someone will share how they treat this income themselves.

Thank you.

I treated it as a business and labeled it "Tradeline Sales". I put my income from my 1099-NEC on a Schedule C and deducted expenses for annual credit card fees as "Commissions and fees" (block 10).

My net profit this year was only a few hundred dollars but I'm hoping 2020 is better now that my couple of cards will be over 2 years old and thus generating a lot more than $25 - $50 an order. Alas, now that they're not as cheap I haven't had any orders in a couple of months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 15, 2021, 02:52:51 PM
I'm sure this has been answered many times in this thread but I don't know how to search it out.

2020 was my first year selling tradelines, I got my 1099-NEC for the $500 I was paid.  It appears to my untrained eye that the 2 most likely ways to treat this for tax purposes are:

1)  consider it a "sporadic activity" and record it on my 1040 as "other income"';  or
2)  fill out form 8919 and use "reason code" H (although I'm not sure of this as it appears to create an adverse claim against the tradeline company but I don't see a more relevant code).

I understand no one can offer me tax advice but I'm hoping someone will share how they treat this income themselves.

Thank you.

I wouldn't do your second option.

The first option you gave is an option (Other income, Schedule 1, line 8).  The other option is a Schedule C as someone else pointed out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 15, 2021, 06:14:13 PM
I'm sure this has been answered many times in this thread but I don't know how to search it out.

2020 was my first year selling tradelines, I got my 1099-NEC for the $500 I was paid.  It appears to my untrained eye that the 2 most likely ways to treat this for tax purposes are:

1)  consider it a "sporadic activity" and record it on my 1040 as "other income"';  or
2)  fill out form 8919 and use "reason code" H (although I'm not sure of this as it appears to create an adverse claim against the tradeline company but I don't see a more relevant code).

I understand no one can offer me tax advice but I'm hoping someone will share how they treat this income themselves.

Thank you.

I have done schedule c for the past couple of years as the other posters indicated.  I have not done taxes this year but don't think the change in form type will change that decision.

Hope this helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 15, 2021, 10:15:59 PM
I'm sure this has been answered many times in this thread but I don't know how to search it out.

2020 was my first year selling tradelines, I got my 1099-NEC for the $500 I was paid.  It appears to my untrained eye that the 2 most likely ways to treat this for tax purposes are:

1)  consider it a "sporadic activity" and record it on my 1040 as "other income"';  or
2)  fill out form 8919 and use "reason code" H (although I'm not sure of this as it appears to create an adverse claim against the tradeline company but I don't see a more relevant code).

I understand no one can offer me tax advice but I'm hoping someone will share how they treat this income themselves.

Thank you.

I put mine as other income on 1040 schedule 1 (line 8).  I do not have any cards with annual fees that I use for tradelines, nor do I have any other related expenses I could deduct.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on February 16, 2021, 11:51:53 AM
I did the Other Income piece the first year (I didn't know if I would continue with it), and then subsequently have done Sched C with no expenses. I could maaaaaybe call a computer purchase an expense but I'm already using that for a state educational expenses deduction, so no dice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chicagomeg on February 16, 2021, 07:29:41 PM
I did mine as a Schedule C as well. For those who don't know, the main tax implication of the schedule C versus "other income" is that you pay FICA taxes on a Schedule C (Employee & employer portion) but not on "other income". However, I do taxes every year at a VITA site & we are extremely limited in what we will consider "other income". The main types of income we put there are relatives getting payment for foster care, jury duty, nominal fees for surveys, and election judging. Any other 1099 always goes on a Schedule C, even if it's fairly small. I think it's the safest route.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 17, 2021, 05:01:35 AM
I did mine as a Schedule C as well. For those who don't know, the main tax implication of the schedule C versus "other income" is that you pay FICA taxes on a Schedule C (Employee & employer portion) but not on "other income". However, I do taxes every year at a VITA site & we are extremely limited in what we will consider "other income". The main types of income we put there are relatives getting payment for foster care, jury duty, nominal fees for surveys, and election judging. Any other 1099 always goes on a Schedule C, even if it's fairly small. I think it's the safest route.

Another difference that might matter to some folks is that Schedule C net income is considered earned income for things like IRA contributions and the EITC.  Other income is not.  That's my understanding anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on February 17, 2021, 11:15:21 AM
Well, maybe as a warning and a data point, one of my cards that I had AU’s on came under review (US Bank, not with old or new company....as a side note I have no idea who old or new company are since all references to them are in this code, but I suspect that one of the tradeline companies for another card I have is “old company “).

It seems one of the AUs was under review himself, for reasons unknown to me (maybe he was trying to apply for his own card?). When they looked at my account since he was an AU, they were suspicious about the number of AUs I had on it (7) and they threatened to shut my account down in 30 days. I was able to save the account, but only if I removed the AUs. It’s a bummer since that was my oldest account, so it was the most lucrative per AU. I let the tradeline company know and they understood I had to remove the AUs to keep the card. We also decided it’s probably not a good idea to use it again for AUs anymore as it has been flagged. It was good while it lasted, and it was still worth it compared to not getting anything for it I suppose.

I wouldn’t have been that disappointed if I lost it, but I am seasoning  another card with them with a cash back offer now, so i don’t want to get completely banned from them at this point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DeniseNJ on February 18, 2021, 09:17:44 AM
Do tax forms come in the mail or email or do you go to the website to get them? When do you expect them? Has anyone else received them yet? I forget if I'm with old or new company but not sure how long I should wait.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 18, 2021, 09:34:42 AM
Do tax forms come in the mail or email or do you go to the website to get them? When do you expect them? Has anyone else received them yet? I forget if I'm with old or new company but not sure how long I should wait.

All of the above, depending on which company and how you're set up.  You should expect a Form 1099-NEC, and you should have either received it by now or had it made available to you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on February 18, 2021, 10:45:07 AM
Do tax forms come in the mail or email or do you go to the website to get them? When do you expect them? Has anyone else received them yet? I forget if I'm with old or new company but not sure how long I should wait.

You go to the PayChex website for the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on February 24, 2021, 06:48:29 PM
I just emailed w/Erica of the new company b/c I never received my 1099 from them.  She told me they only send them out when you receive more than $600 from them.  In my case, that's a shame b/c I wanted to have more "earnings" (which posters on this thread have stated that you can count your payments from piggybacking as) so that I could make my full IRA contribution.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 24, 2021, 07:03:51 PM
Good news for you then! You can, and should, report all income, whether you receive a 1099 or not. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 24, 2021, 08:50:34 PM
I just emailed w/Erica of the new company b/c I never received my 1099 from them.  She told me they only send them out when you receive more than $600 from them.  In my case, that's a shame b/c I wanted to have more "earnings" (which posters on this thread have stated that you can count your payments from piggybacking as) so that I could make my full IRA contribution.

If you report it as hobby income or other income on Schedule 1 line 8, then it is not counted as earned income and cannot be the basis for an IRA contribution.

If you report it as Schedule C income, then it is earned income and can be the basis for an IRA contribution.

As ARS points out, even if you don't receive a 1099 from the company, you still should report the income.

So if, say, you received $75 from them and reported it on Schedule C, you would be entitled to make $75 worth of IRA contribution.  (Assuming of course that you met all the other requirements to make an IRA contribution, but the requirements for that are pretty low these days.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 01, 2021, 09:49:17 AM
Had a sheriff's deputy stop by the house today looking to serve a summons for one of my AUs. I told him the truth, that she had been an authorized user on my credit card, but that she didn't live here and I'd never met her. Would probably have been a little scary had it not been that I had the FBI call once about an AU a few years ago... After that, it's gonna take more than that to rattle me!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on March 01, 2021, 07:18:05 PM
Had a sheriff's deputy stop by the house today looking to serve a summons for one of my AUs. I told him the truth, that she had been an authorized user on my credit card, but that she didn't live here and I'd never met her. Would probably have been a little scary had it not been that I had the FBI call once about an AU a few years ago... After that, it's gonna take more than that to rattle me!

Thanks for sharing with the community so we know in advance that these things can happen. I once had someone from the State’s Attorneys office stop by looking for an AU, and I was unsure at the time if it was a previous AU or not. How do you know it was really the FBI that called you a few years ago?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 02, 2021, 12:23:43 PM
Had a sheriff's deputy stop by the house today looking to serve a summons for one of my AUs. I told him the truth, that she had been an authorized user on my credit card, but that she didn't live here and I'd never met her. Would probably have been a little scary had it not been that I had the FBI call once about an AU a few years ago... After that, it's gonna take more than that to rattle me!

Thanks for sharing with the community so we know in advance that these things can happen. I once had someone from the State’s Attorneys office stop by looking for an AU, and I was unsure at the time if it was a previous AU or not. How do you know it was really the FBI that called you a few years ago?

Went back and looked at my notes - it was actually the Department of Homeland Security. I suppose to answer your question, I don't know it was them. However, the phone number was (312)-000-0000 and they introduced themselves as being from DHS. The person I spoke to was not at all pushy or otherwise raising any scam red flags, just asked about the person and if they lived at my address, if I had any knowledge of their nationality, political affiliation, etc. I admitted I didn't know them and that they didn't live at my address, they asked a couple more questions, thanked me for my time, and let me go. They overall were very cool and detached and exactly what I would expect from someone from a legit government agency. Can I be 100% certain? No, but I have no reason to believe they weren't exactly who they said they were.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 03, 2021, 06:14:59 AM
I would think that pointing any authorities to the tradeline company to find out where the suspect actually lives would be helpful.  The longer I've been selling tradelines, the more often I receive collection notices on one of them at least weekly.  I sort of chuckle with every notice and the offers.  Yes, I open them and look to see what the letter says (OMG, I'm committing a Federal offence!).  Most say something like "Your original debt was $2950.  Collection costs are $495.  We're offering you a one time deal to pay $1953 or 10 payments of $200.12."

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on March 03, 2021, 07:36:16 AM
I would think that pointing any authorities to the tradeline company to find out where the suspect actually lives would be helpful.  The longer I've been selling tradelines, the more often I receive collection notices on one of them at least weekly.  I sort of chuckle with every notice and the offers.  Yes, I open them and look to see what the letter says (OMG, I'm committing a Federal offence!).  Most say something like "Your original debt was $2950.  Collection costs are $495.  We're offering you a one time deal to pay $1953 or 10 payments of $200.12."
I would not volunteer any information to any authority. You have no obligation to be helpful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 04, 2021, 01:04:14 PM
Just tried to add an AU to my barclaycard. First message was "user not added" and then on the Account Services page, the Au's name was highlighted and Barclays requested additional information - to confirm DOB, citizenship, relationship and address, which I did. So now the AU is shown on the list of AUs but I didn't get any messages or emails confirming that AU was added.

Question: does it mean the AU wasn't added? Has anyone seen anything similar?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on March 04, 2021, 06:21:54 PM
Just tried to add an AU to my barclaycard. First message was "user not added" and then on the Account Services page, the Au's name was highlighted and Barclays requested additional information - to confirm DOB, citizenship, relationship and address, which I did. So now the AU is shown on the list of AUs but I didn't get any messages or emails confirming that AU was added.

Question: does it mean the AU wasn't added? Has anyone seen anything similar?

I believe once they're fully added, they will show up as having a card which the last 4 digits of will be displayed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 05, 2021, 12:33:37 PM
Just tried to add an AU to my barclaycard. First message was "user not added" and then on the Account Services page, the Au's name was highlighted and Barclays requested additional information - to confirm DOB, citizenship, relationship and address, which I did. So now the AU is shown on the list of AUs but I didn't get any messages or emails confirming that AU was added.

Question: does it mean the AU wasn't added? Has anyone seen anything similar?

I believe once they're fully added, they will show up as having a card which the last 4 digits of will be displayed.

Yes I can see the last four digits and other details, same as usual. What's weird is that I didn't get the usual confirmation email. Anyway it looks like it's been added.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on March 07, 2021, 02:43:23 PM
My last sale with the old company was in September. Anyone else seeing a slowdown? That card did hit the 2-year mark in October so it went from $25 to $125 per spot (and presumably for buyers the price went up considerably as well). Unfortunately, I haven't had any sales on it since it went up to the higher amount. Looking at the consumer side of the website it looks like my card is probably priced in the $750+ range but there's similar cards that are sub $500.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 07, 2021, 03:03:34 PM
I've seen a slowdown as well since the fall (after tons of sales last year). I'm thinking there may be a sales boost soon due to tax refunds and stimulus checks; we'll see.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 08, 2021, 05:24:10 AM
Yep! Big time slowdown. I have 2-3 more cards aging into the system this year so we'll see if things pick up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on March 08, 2021, 05:35:08 AM
I mean most of the sales are people trying to buy a home or a car.  Have to figure there’s some seasonality to that and a comeback ahead.  If rising rates cool the mortgage market that might slow things as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DK82 on March 09, 2021, 07:01:08 PM
I emailed the old company and got a reply that they're not adding anyone new, but I'd be put on a waitlist (or something like that).  Fair enough. 

Emailed the new company and didn't get any sort of reply --- do they just not reply when they're not adding new people, or should I follow up?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 09, 2021, 07:19:33 PM
I emailed the old company and got a reply that they're not adding anyone new, but I'd be put on a waitlist (or something like that).  Fair enough. 

Emailed the new company and didn't get any sort of reply --- do they just not reply when they're not adding new people, or should I follow up?

Their customer service in general tends to be like that. I'd give it a bit and then follow up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on March 10, 2021, 03:18:53 PM
I've seen a slowdown as well since the fall (after tons of sales last year). I'm thinking there may be a sales boost soon due to tax refunds and stimulus checks; we'll see.

I just about hit 100 sales, so I ran a quick chart on my spreadsheet. I'm showing most of my orders come in Dec-Jan-Feb and then level off after that for the rest of the year.

I guess, though, by having cards with both Old and New company, that my payments tend to be pretty even all year round... the Old company will pay me for those Dec-Jan-Feb sales in Feb & March. The New company won't make payments for the same sales until Aug/Sept/Oct given how slow they are... so overall it tends to level out over the whole year! /s LOL
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on March 15, 2021, 10:54:43 AM
Question for the group on Barclays.

One company I sell with asks for AUs to be called in so you can give the social, the other just to do it online without the social.  So far all of the ones I've done online have posted for me but a saw on here someone had some issues with Barclays posting.  Anyone have a sense if calling in makes a difference?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 15, 2021, 11:48:56 AM
Question for the group on Barclays.

One company I sell with asks for AUs to be called in so you can give the social, the other just to do it online without the social.  So far all of the ones I've done online have posted for me but a saw on here someone had some issues with Barclays posting.  Anyone have a sense if calling in makes a difference?

I have been adding online only for at least a year with no posting issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on March 15, 2021, 12:16:38 PM
Question for the group on Barclays.

One company I sell with asks for AUs to be called in so you can give the social, the other just to do it online without the social.  So far all of the ones I've done online have posted for me but a saw on here someone had some issues with Barclays posting.  Anyone have a sense if calling in makes a difference?

What's weird is... the old company tells me to do it online only. That works fine with the Barclay card I have with them.

The new company tells me to call in, for a different Barclay card I have with that company. That also works fine.

BUT... a couple of times i've switched the procedures because I forgot which company was which, and sure enough, when I tried to call in and add for the old company, instead of doing it online, it didn't post, and when I went online for new company instead of calling, it didn't post either. Maybe just a random chance occurrence. But since I rarely use either card as my daily card in my wallet, I just taped a post-it to both reminding me which is the call-in and which is online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on March 15, 2021, 03:16:01 PM
I have Barclays with the new company and tbh I never call, but I do enter the address online. That amount of info seems to be plenty to make it post, at least in my experience.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 17, 2021, 10:02:02 PM
I just sold my first spot on my barclays and I entered it online without ssn, but used DOB and address.   

When I log into the portal on the old company it shows a scanned jpeg of the ss card and drivers license for a previous AU I've added to my discover card.  It's listed in the "issues" column. Discover never requested anything from me so I don't know why it's there.  Anyone know what's up with that?  I haven't seen that in any other AU I've had.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 19, 2021, 11:31:12 AM
I'm at a point where I can and want to apply for new credit cards for SUBs and seasoning for piggybacking.

If I apply for new cards from issuers with which I currently have existing piggybacking CCs, then they may shift some CL from my existing piggybacking CCs in order to approve the new card.  This has been fairly common practice in my experience.

I do not want this to happen, because I don't want to have the CL reduced on any line where I have active piggybacking AUs because it would give them less than what they contracted for.

Does anyone know of any way to apply for a new card and ensure that the issuer won't do this?  I am not aware of any and thought I would ask.

(I do know if I act quickly I can usually reverse these kinds of decisions, but that seems like unpleasant hassle to me and I'd rather find a different way if one exists.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 19, 2021, 11:49:07 AM
I just had that happen to me with a Chase card (that I don't sell TLs on)--applied for a new one to get the SW companion pass for post-vaccine times and got pending, then a few days later (with no action on my part) an approved, but they shifted some credit around.

If I were selling lines on the card they moved from, I'd just wait until after a statement close/no one on it (tough if the bonus you're applying for is time sensitive, may need to shut down the card for a month), hit the min spend bonus on the new card and pay it off immediately, then shift the credit back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on March 19, 2021, 11:58:31 AM
On my last Barclays approval they asked me when I called recon if I wanted to shift credit around and I said I didn't want to... they gave me $5k anyway without affecting other cards.

If you're worried and you apply for a card and don't get auto approved call the recon number (easy to google what it is for each issuer) after a day or so and explain why you want the card.  At that point a credit analyst may ask if you want to move credit which you can decline to do.  If that looks like your only option you can use that chance to withdraw the app as well.  Most issuers will give you a really small credit line if they want you but you're close to max in their underwriting guidelines. 

You might be able to find some data points on the provider you're applying with some google or reddit searching, especially if it's a well known issuer... whether they're inquiry sensitive, typical max credit lines etc.  Good luck!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 19, 2021, 12:06:02 PM
I just had that happen to me with a Chase card (that I don't sell TLs on)--applied for a new one to get the SW companion pass for post-vaccine times and got pending, then a few days later (with no action on my part) an approved, but they shifted some credit around.

If I were selling lines on the card they moved from, I'd just wait until after a statement close/no one on it (tough if the bonus you're applying for is time sensitive, may need to shut down the card for a month), hit the min spend bonus on the new card and pay it off immediately, then shift the credit back.

Good thoughts, thank you.

I think I am getting lazy.  Because of the good markets and this side gig that some ARS guy got me into a few years back I'm less motivated to chase SUBs anyway.  And the $/effort ratio is probably better for me with piggybacking than SUBs.  Although I also need to think of the long term value of piggybacking cards - missing one $250 AU to get another card which might yield ten $250 AUs two to four years from now should be a good trade to make.  Ah, but then lazy thoughts return.

I may just do SUBs from issuers with whom I have zero piggybacking cards currently and that are good for seasoning.  This probably means the backwaters of issuers.  And I may also just get cards with no SUBs to season (the horrors!)  Oh well - I've been playing CC tricks for fourteen years (this includes games before piggybacking), so one can't be surprised at my present state of affairs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on March 21, 2021, 07:32:12 AM
re: DISCOVER
I know others have had this happen where you attempt to add an AU and get this message online:

"You've reached the maximum number of requests to add Authorized Users at this time.  You'll be able to add your next Authorized User on 2/23/2021 if you have fewer than 5 Authorized Users at that time."

I try to add an AU after the date mentioned, and it then it says the same thing and shows me a new date a few months into the future.
This has happened multiple times.  UGH!

I am about to call Discover and see if they can resolve.

Has anyone else called Discover and worked this out?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 21, 2021, 09:18:02 AM
I have 4 user on Discover now and I do not get the message ever. I always call it in though, as required by the Tradeline company
that I utilize. Dont really know if it is related to the online add.


Secondor what are SUB's?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 21, 2021, 01:36:32 PM
Secondor what are SUB's?

Sign up bonuses, like getting $300 after spending $3,000 on the card in the first three months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on March 22, 2021, 09:18:28 AM
re: DISCOVER
I know others have had this happen where you attempt to add an AU and get this message online:

"You've reached the maximum number of requests to add Authorized Users at this time.  You'll be able to add your next Authorized User on 2/23/2021 if you have fewer than 5 Authorized Users at that time."

I try to add an AU after the date mentioned, and it then it says the same thing and shows me a new date a few months into the future.
This has happened multiple times.  UGH!

I am about to call Discover and see if they can resolve.

Has anyone else called Discover and worked this out?

I added 7 or 8 AU in 2020 and have missed out on 2 additional AUs this year. Old company has placed my Discover card on hold for this specific ongoing issue. Discover continues to push the date out for me even though I do not have any active AU so I suspect I (we) have arrived at the end of the AU hustle road with Discover and should be thankful our card(s) have not been shut down completely. If you happen to contact Discover would you let us know the result of your conversation?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 22, 2021, 09:55:41 AM
While you let your Discover cool its jets, you can still milk the card with low balance forgiveness.  Go into your Amazon account and do a gift card reload for $1.99 on that discover card, once it's at a zero balance.  When the closing date comes, Discover will credit back that $1.99 but you continue to ecru reward points.  You could certainly put that $1.99 on the card in other ways, but it's pretty hard to get the exact number filling gas.  Amazon works especially well because you can reload as little as 50 cents and you get the full value to use for your regular purchases.  I do this with several cards when they're not getting any AUs assigned.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 23, 2021, 07:10:51 AM
While you let your Discover cool its jets, you can still milk the card with low balance forgiveness.  Go into your Amazon account and do a gift card reload for $1.99 on that discover card, once it's at a zero balance.  When the closing date comes, Discover will credit back that $1.99 but you continue to ecru reward points.  You could certainly put that $1.99 on the card in other ways, but it's pretty hard to get the exact number filling gas.  Amazon works especially well because you can reload as little as 50 cents and you get the full value to use for your regular purchases.  I do this with several cards when they're not getting any AUs assigned.
+1
I actually put our $2.17 charge (taxes included) for Hulu on my Discover card. Set up automatic payment for 0.18 every month. Pretty cheap Hulu subscription.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bangbang on March 24, 2021, 12:45:54 PM
I just noticed that tradelines are selling on a famous internet auction site for some pretty good prices. What does the community think about this practice? Has anyone sold tradelines on famous internet auction sites? Is there a reason not to?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 24, 2021, 01:25:58 PM
That's... amazing.

Why don't I market my tradelines myself? Do we even need the tradeline companies anymore?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 24, 2021, 01:29:23 PM
Is there a reason not to?

Vetting.  Privacy.  Billing.  Service.  Coordination of sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 24, 2021, 01:31:16 PM


Do we even need the tradeline companies anymore?

Never did.

But I like the liability shield, the AU vetting, and that that they have a constant pipeline of AUs instead of me continually having to market.

Basically boils down to ease/convenience and reduced risk. But DIY is more profitable, as is the case with almost everything in life.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 24, 2021, 01:32:12 PM
Is there a reason not to?

Vetting.  Privacy.  Billing.  Service.  Coordination of sales.

None of that is difficult. The hardest part is the marketing, and if ebay can do that for us...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 24, 2021, 01:46:26 PM
Is there a reason not to?

Vetting.  Privacy.  Billing.  Service.  Coordination of sales.

None of that is difficult. The hardest part is the marketing, and if ebay can do that for us...

It's not difficult, but it is time consuming and a hassle.  I've done private sales for a few AUs and sales through both Old Company and New Company.  As ARS says, private sales are more profitable but I can confirm - having done things both ways - that it is more hassle and time and work.

Personally I'm lazy so I just use one of the companies.  For someone with more energy or ambition, private sales or eBay sales may make more sense.

I also think you might be underestimating the value of vetting and the stress of having to do that yourself and the infrastructure to do it well.  But that's just my opinion.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on March 25, 2021, 02:09:07 AM
Is there a reason not to?

Vetting.  Privacy.  Billing.  Service.  Coordination of sales.

None of that is difficult. The hardest part is the marketing, and if ebay can do that for us...

It's not difficult, but it is time consuming and a hassle.  I've done private sales for a few AUs and sales through both Old Company and New Company.  As ARS says, private sales are more profitable but I can confirm - having done things both ways - that it is more hassle and time and work.

Personally I'm lazy so I just use one of the companies.  For someone with more energy or ambition, private sales or eBay sales may make more sense.

I also think you might be underestimating the value of vetting and the stress of having to do that yourself and the infrastructure to do it well.  But that's just my opinion.

whats the typical payout increase from selling privately, 2x? 4x? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on March 25, 2021, 06:59:20 AM
The old company pays out around $125-175 for a tradeline that they retail for $500-750.

Frankly, I assume anyone trying to do a private tradeline sale and willing to pay the same amount is probably someone that is likely to get your card flagged and shut down (i.e. claiming they're a U.S. citizen when they're not or using a fake address, etc.). I'll stick with letting an intermediary deal with all of that and just watch the money roll into my account after doing my five minutes of work every few months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 25, 2021, 10:22:52 AM
Is there a reason not to?

Vetting.  Privacy.  Billing.  Service.  Coordination of sales.

None of that is difficult. The hardest part is the marketing, and if ebay can do that for us...

It's not difficult, but it is time consuming and a hassle.  I've done private sales for a few AUs and sales through both Old Company and New Company.  As ARS says, private sales are more profitable but I can confirm - having done things both ways - that it is more hassle and time and work.

Personally I'm lazy so I just use one of the companies.  For someone with more energy or ambition, private sales or eBay sales may make more sense.

I also think you might be underestimating the value of vetting and the stress of having to do that yourself and the infrastructure to do it well.  But that's just my opinion.

whats the typical payout increase from selling privately, 2x? 4x?

Well, it's obviously up to each individual to decide how much they want to ask to be paid.  I've only done a handful, and I think I doubled what the TL companies paid me and then rounded up a bit, so maybe 225% to 250%.  For me, the hassle is the same regardless of the commission, so I tended to have a higher multiple on lower commission cards.  So if the TL company would have paid me $75, I'd offer it to an individual at $200, but if the TL company would have paid me $200, I'd offer it to an individual at $400.

Regarding MinABQ's comment, I disagree with the assumption but I do agree that the risk is definitely higher doing it this way.  I have only done private sales to people I have at least some connection with; I will not just do business with random people.  Anyone considering this should certainly do whatever vetting they think is adequate.  And there is a definite risk that the vetting that one thinks is sufficient may not be.  But I think there is room for private sales where the seller gets more and the buyer pays less.

Another thing to consider - at least for me - is that I typically sell slots on cards privately that are already on offer at the TL company, which means I need to coordinate between the two channels.  This loses some efficiency because you have to block and unblock a slot at the TL company and is obviously a bit more work because of that.

Obviously all of this is a judgment call, and anyone contemplating this should research it, understand what they're doing, and evaluate all of the risks and effort involved.  And obviously I and ARS and anyone else on this board are not liable for whatever you choose to do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 25, 2021, 12:04:55 PM
I actually just had my first private sale to someone I didn't know personally. She was a friend of my niece who remembered me talking about it at Christmas one year. She put us in touch and we came to an agreement of $100 per $10k in credit. Obviously I know I could have charged a lot more, but I was happy to help out and I was able to use two cards that were not currently being utilized.

On another note, I recently hit the lifetime limit on one of my Barclay cards, so before shutting it down I moved as much available credit to another card that I was aging. You guys, I just made $1000 on 4 adds in 15 minutes!!! That blows the $1000/hr in the thread title out of the water, and is by far the most I've made in that amount of time. I realize I can't make that much every 15 minutes, but it sure is nice when you have clusters like that! That bumps me up to $4790 YTD, hoping to surpass last year's $11k.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on March 25, 2021, 07:36:07 PM
Anyone else have good 'leads' on getting into this? I got in touch with both companies A and B and both are currently at limit/capacity and aren't accepting any new sellers into their pools...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 25, 2021, 09:02:31 PM
You guys, I just made $1000 on 4 adds in 15 minutes!!! That blows the $1000/hr in the thread title out of the water, and is by far the most I've made in that amount of time.

Hahah, the thread title still cracks me up years later. Make $1000/hour working from home in your pajamas sounds like such a scam!

Yet it's somehow true--approaching 5 years since I first posted about it, and I know Mustachians have made hundreds of thousands (probably approaching 1MM+) selling tradelines. That's a ridiculous side-gig.

Quote
I realize I can't make that much every 15 minutes, but it sure is nice when you have clusters like that! That bumps me up to $4790 YTD, hoping to surpass last year's $11k.

Nice! When people ask how much you can make, the answer is a pretty standard "well depends on how many cards you have, their age, limits, etc. but in general most people make a few hundred to a few thousand a year with some making low five figures." You're doing pretty awesome being in the latter category. ;)

Anyone else have good 'leads' on getting into this? I got in touch with both companies A and B and both are currently at limit/capacity and aren't accepting any new sellers into their pools...

Yeah, that's a bummer.

I'd personally let the cards age more while waiting for them to open enrollment. There are other companies out there, I (unfortunately) just haven't found any others I can personally recommend. And so I'd rather wait and then sell with a good company that vets AUs the right way and have the card longevity than risk it with a TL company that might get it shut down quicker. Longer term maximum value, basically (and less risk of participating in fraud).

However if the money is needed immediately and you want to take the risk, Google will certainly find you other companies (one is particularly popular as they're good at SEO and popular with with personal finance bloggers due to the referral fees they offer, I just can't recommend them).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on March 28, 2021, 12:09:09 AM
Finally sold a TL with the old company on my card that hit the 2-year mark a six months ago. $125 instead of $25. My Barclay's card that will pay out $175 hits the 2-year mark next week. Might make some decent money now. In another few months maybe they'll open up to newer cards too. I've got a couple more seasoning with decent limits.
Title: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: stopper24 on March 29, 2021, 02:53:55 AM
It would be interesting to hear. What are everyone's most profitable cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 31, 2021, 08:44:14 AM
I had an interesting non-post.  BBVA card that I know for sure I added because I've got the card right here.  Sent pictures of that and my account balance and credit karma showing that an amount was on the card.  Call the CC co this morning and they don't have the person in their system as an AU.  So ok.  How'd I get a card with the AUs name on it then?  No matter, I know my mileage varies all over the map, so no worries there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 31, 2021, 08:53:45 AM
Does anyone know if anything changed recently for AU's with Barclays?  I received a card for an AU recently even though I always decline card and noticed that it had a different number than the primary.  I might be mistaken as I have not requested a card in a loooong time but I thought BC issued AU's under the same #.  Thanks for any info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on March 31, 2021, 08:56:27 AM
It would be interesting to hear. What are everyone's most profitable cards?

I have a high limit Amex that is my most profitable by far...easy to add and up to 99 per year.   Next would be a high limit 20 year old+ Citi (best payout) and a 16k Barclays (always seems to be filled).  And I have some cards that are duds.  I think the TL companies or their buyers know the ones that post or that make a difference in their client's score improvement.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 31, 2021, 01:22:05 PM
Question about barclaycard. I just logged on and saw a new link to "Activate" next to the AUs I already added. When I clicked on the link, it said "To activate your account, please verify your identity. Enter the primary cardmember's information below." and  asked for the last 4 digits of my social and the 3 digit security code on the back of my primary card. I did NOT request AU cards to be issued when I added these AUs.

Question: what does this activation mean? Do I need to enter my details and "activate" in order for these tradelines to be posted?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on March 31, 2021, 03:21:05 PM
Is the activate under "Activated Cards" on the left? Or under "Authorized Users" on the right?

I just logged on to Barclay's.

On the left, under a silhouette of a card, are three columns: "name on card" "last 4 digits on account" and "activation date". The AU has a "Activate now" under the last column.  I'm not going to click it because I don't want to activate his card.

On the right, under a silhouette of a person with a "+" sign, are rows: "name" "Date authorized" "has a card" and "address."  There's no alert for me to activate and since it already has a "date authorized", I assume he's officially added.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on March 31, 2021, 10:24:02 PM
Hey guys quick question regarding transferring of credit limit. One company I'm currently talking to has suggested combining 2-3 of my Chase cards to increase my 'power' - in doing so, it seems like you're also increasing your risk... if the card gets shut down that credit limit will have gotten wiped out no?

What strategy(ies) do you guys employ when doing this? And what would you suggest for someone who's just starting out? I don't want to get too greedy starting out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 31, 2021, 10:41:44 PM
Hey guys quick question regarding transferring of credit limit. One company I'm currently talking to has suggested combining 2-3 of my Chase cards to increase my 'power' - in doing so, it seems like you're also increasing your risk... if the card gets shut down that credit limit will have gotten wiped out no?

What strategy(ies) do you guys employ when doing this? And what would you suggest for someone who's just starting out? I don't want to get too greedy starting out.

Correct.  And IIRC Chase might also close your checking and savings account and any other accounts you have with them too.  At least that was true recently.

Correct.  Don't get greedy.  Except in the case of a few private sales, I have only worked with the companies ARS has recommended, and I follow all of their recommendations.  Even so I had a couple of cards shut down last year.  So do what they say and understand even so that there is always a risk of getting shut down.

What I haven't done, but you might do with your Chase cards, is look at credit line divided by commission.  If you get 3x the commission for 2x the credit line, then maybe that's worth it.  But if it's 1.5x the commission for 2x the credit line, maybe not.

Also keep in mind, once you get a system set up, the overhead of doing one AU is pretty much the same regardless of whether the card is young or old and has a low or high limit.  That should factor into your strategy.

Some people here are applying for new cards with the relevant issuers in order to start seasoning CLs for use in a couple of years.  I think that's a smart idea if it works with the rest of your situation.

...

To say the same thing a slightly different way a second time for emphasis.  IMHO, if you go with a random TL company out there, you will likely make more money - maybe much more - than going with one of the two recommended by ARS.  But it will - again IMHO - probably result in issues and shutdowns after a much shorter period of time and thus a lower overall income total - with more stress and hassle to boot.

I stipulate that there may be other good companies out there.  I only need one or two, and the ones ARS have recommended have worked out well for me for almost five years.  So the risk/reward/effort ratio just isn't there for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on March 31, 2021, 11:20:51 PM
Hey guys quick question regarding transferring of credit limit. One company I'm currently talking to has suggested combining 2-3 of my Chase cards to increase my 'power' - in doing so, it seems like you're also increasing your risk... if the card gets shut down that credit limit will have gotten wiped out no?

What strategy(ies) do you guys employ when doing this? And what would you suggest for someone who's just starting out? I don't want to get too greedy starting out.

Correct.  And IIRC Chase might also close your checking and savings account and any other accounts you have with them too.  At least that was true recently.

Correct.  Don't get greedy.  Except in the case of a few private sales, I have only worked with the companies ARS has recommended, and I follow all of their recommendations.  Even so I had a couple of cards shut down last year.  So do what they say and understand even so that there is always a risk of getting shut down.

What I haven't done, but you might do with your Chase cards, is look at credit line divided by commission.  If you get 3x the commission for 2x the credit line, then maybe that's worth it.  But if it's 1.5x the commission for 2x the credit line, maybe not.

Also keep in mind, once you get a system set up, the overhead of doing one AU is pretty much the same regardless of whether the card is young or old and has a low or high limit.  That should factor into your strategy.

Some people here are applying for new cards with the relevant issuers in order to start seasoning CLs for use in a couple of years.  I think that's a smart idea if it works with the rest of your situation.

...

To say the same thing a slightly different way a second time for emphasis.  IMHO, if you go with a random TL company out there, you will likely make more money - maybe much more - than going with one of the two recommended by ARS.  But it will - again IMHO - probably result in issues and shutdowns after a much shorter period of time and thus a lower overall income total - with more stress and hassle to boot.

I stipulate that there may be other good companies out there.  I only need one or two, and the ones ARS have recommended have worked out well for me for almost five years.  So the risk/reward/effort ratio just isn't there for me.

Ah ok thanks. When you say "3x the commission for 2x the credit line" can you clarify? Or give a real world example/numbers for that? I'm not quite understanding how that translates over...

As far as the companies ARS recommended, I reached out to them in the past two months and neither are accepting new partners unfortunately. That said, I'm currently researching a couple but not quite sure how else to "vet" them according to the "ARS Standard" so would be open to suggestions there. If I do end up going with any of these and the two original companies he recommended open back up to accepting partners, is it difficult to 'switch' over to those companies if at that point in time I had been selling tradelines via other brokers? Or is it all pretty seamless? I would think the latter but I don't know enough about all this.

I just opened a Barclay's card for myself and will probably do the same for my wife and allow them to season after getting the initial spend reward. I'm kicking myself for allowing several long-standing CCs go stale and close (at the discretion of the card issuing banks) after not using, not caring because I thought I would have absolutely no use as far as keeping them open. smh :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on April 01, 2021, 12:02:42 AM
Does anyone know if anything changed recently for AU's with Barclays?  I received a card for an AU recently even though I always decline card and noticed that it had a different number than the primary.  I might be mistaken as I have not requested a card in a loooong time but I thought BC issued AU's under the same #.  Thanks for any info.
Just logged on to ask this!
I removed an AU from a Barclays Card a few days ago that I had not requested a card for (never do) and received a card for them in the mail AFTER removing them.
This is totally odd!
I had another add a couple of days ago and am watching my mail like a hawk right now.

Hoping this is just a short term glitch in the system.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 01, 2021, 08:20:02 AM
<<snip>>

Ah ok thanks. When you say "3x the commission for 2x the credit line" can you clarify? Or give a real world example/numbers for that? I'm not quite understanding how that translates over...

As far as the companies ARS recommended, I reached out to them in the past two months and neither are accepting new partners unfortunately. That said, I'm currently researching a couple but not quite sure how else to "vet" them according to the "ARS Standard" so would be open to suggestions there. If I do end up going with any of these and the two original companies he recommended open back up to accepting partners, is it difficult to 'switch' over to those companies if at that point in time I had been selling tradelines via other brokers? Or is it all pretty seamless? I would think the latter but I don't know enough about all this.

I just opened a Barclay's card for myself and will probably do the same for my wife and allow them to season after getting the initial spend reward. I'm kicking myself for allowing several long-standing CCs go stale and close (at the discretion of the card issuing banks) after not using, not caring because I thought I would have absolutely no use as far as keeping them open. smh :(

The TL companies pay more per slot if the card is older and/or has a higher limit.  So for example, a 5 year old Discover card with a $12K limit pays $75 per slot, but the same card with a $24K limit would pay $175 per slot.  Other than getting the higher limit in the first place, which could be easy or hard depending, the work to add/remove a person is the same regardless of the CL.  Any company you might work with should be able to give you their commission schedule and you can see for yourself how this would work with your own cards.

The only way to vet to the ARS standard is to be ARS and do what he does.  I just piggybacked on his work (thanks, @ARS! :) ).  I suppose you could do something similar by researching how the companies work and what the risks are and how they vet their AUs.  I got in early so I didn't face the issue you are.  From my comfy spot I would say to just wait and season cards and keep checking back with the recommended companies if I were in your shoes.  But I don't know honestly if I would wait or if I would go with another company.  Good luck whatever you decide.

Switching companies is just a matter of keeping track of the sales with each company, coordinating slots and cards when you're switching over, communicating with each company through the transition, and making sure to properly report the income from both on your taxes.  I've done something similar twice.  It's not impossible and not hard, but it's extra work.  You also might lose a tad bit of being available to the market on your cards as you're switching over.  Finally, it would depend on how many cards you have and how many slots you want to sell on each card and how active your sales end up being.

Regret is an awful thing.  If you were my kid I'd advise you to work on forgiving yourself, counting your blessings, and moving on with life.  I've been playing a number of different versions of financial gaming for 14 years now, and although the specific version of the games change over time, I imagine they'll be around forever.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on April 01, 2021, 10:14:46 AM
I just opened a Barclay's card for myself and will probably do the same for my wife and allow them to season after getting the initial spend reward. I'm kicking myself for allowing several long-standing CCs go stale and close (at the discretion of the card issuing banks) after not using, not caring because I thought I would have absolutely no use as far as keeping them open. smh :(
You aren't alone.  I closed several well seasoned cards a couple of years ago to reduce my risk.  Now, I'm opening more cards to season for this.  Just starting and this site has changed my opinions on a lot of financial stuff and opened more doors.  Make decisions with the information that you have available knowing that you will learn and grow in the process.  No regrets.

I'm teaching my kids the things that I'm learning now.  Quite different than from what Dad taught me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on April 01, 2021, 10:23:18 AM
I mean the seemingly largest player in the tradeline space didn't make the cut for ARS, and other than some late payments from one of the recommended companies, his due diligence has served many here well.   Every spot you don't sell or year you accumulate on each card will help you in the long run for sure.  It'll be a sad day when I lose my best Barclays and it's coming up soon!

Who you work with to sell TLs is a matter of risk reward.  There are absolutely a lot of players that you want NOTHING to do with that don't have the checks to protect you. Usually this involves CPNs and fraudulent shady dealings.  But even those on the seemingly up and up you need to see how they protect private data, and do their due diligence on who they sell to and their clients. 

From there, the other issue is how protective they are of your cards.  I mean a good TL company never wants you to lose a card but they're making money and many of them will be inclined to push the envelope to get a sale.

They companies I work with have been forthcoming with when I should not do an add ("I wouldn't risk it") and when it won't be an issue (You should have no problem).  This is a function of their volume and the size and tenure of their team.  And who they work with for clients.  Due diligence in the age of Google is not that hard if you put the time in.

TL companies have also gone under in the past.  It's a profitable business for them but they too could be cancelled tomorrow.

The most important thing in all of this is to not sell spots on a card that you can't afford to lose. I've made enough from every card that I've made available that it would have been well worth the effort even if it was cancelled tomorrow. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on April 01, 2021, 10:32:14 AM
Hey guys quick question regarding transferring of credit limit. One company I'm currently talking to has suggested combining 2-3 of my Chase cards to increase my 'power' - in doing so, it seems like you're also increasing your risk... if the card gets shut down that credit limit will have gotten wiped out no?

What strategy(ies) do you guys employ when doing this? And what would you suggest for someone who's just starting out? I don't want to get too greedy starting out.

I'd suggest playing the long game. You can regularly request credit limit increases on each card, while simultaneously letting them age. In a few years time you will have multiple pretty good cards to sell.

The caveat to this is that you mentioned wanting to do this with Chase cards. Chase has been known to use the "nuclear option" when shutting down cards, meaning that they potentially will shut down ALL your chase accounts if they suspect weird activity on one card. So that is a risk you will have to take into mind when deciding what to do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on April 01, 2021, 11:40:21 AM
I'm happy for the people who are actively getting tradeline sales.

I've had one and that was 2.5 years ago for a whole $100.

I did just request and receive a credit increase on the card so maybe that will help. I'm kicking myself because I had a Barclay card that was closed for non-use that would have been seasoned by now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on April 01, 2021, 12:01:44 PM
I had an interesting non-post.  BBVA card that I know for sure I added because I've got the card right here.  Sent pictures of that and my account balance and credit karma showing that an amount was on the card.  Call the CC co this morning and they don't have the person in their system as an AU.  So ok.  How'd I get a card with the AUs name on it then?  No matter, I know my mileage varies all over the map, so no worries there.
I'm new and had this happen also.  A call to the company and the card revealed that the AU had removed himself as an AU in violation of the company's agreement.  Got paid for the AU slot, but he got fired from the company.  I had the AU's card and an email saying he was there.

I hope this gets easier.  3 AUs and 2 problems.  Old company is answering a lot of questions for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on April 01, 2021, 02:51:06 PM
anyone have much experience with selling Elan cards, specifically Valley?

wondering how listing multiple Elan cards at once goes if they're from the same provider/bank
I opened one earlier this year through Valley and got $20K limit initially, considering applying for another one (preferably with Valley again to simplify billing) to get 2 of them aging for future sales next year
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on April 01, 2021, 02:56:22 PM
anyone have much experience with selling Elan cards, specifically Valley?

wondering how listing multiple Elan cards at once goes if they're from the same provider/bank
I opened one earlier this year through Valley and got $20K limit initially, considering applying for another one (preferably with Valley again to simplify billing) to get 2 of them aging for future sales next year

I have two Elan cards with two different providers... different logins. No idea if it helped me get a higher credit line or not as the last one I applied for was a higher CL and with a CU where I have a decent relationship.  All Elan cards are the same for the site and process so it's really just keeping the listings distinct based on CL and the age and making sure you add the AU to the right card when you sell both. 

Not sure if they allow you to move CL around but with some providers that can help as you season one card to move CL to the older card.   Other banks certainly allow that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 01, 2021, 03:02:30 PM
Is the activate under "Activated Cards" on the left? Or under "Authorized Users" on the right?

I just logged on to Barclay's.

On the left, under a silhouette of a card, are three columns: "name on card" "last 4 digits on account" and "activation date". The AU has a "Activate now" under the last column.  I'm not going to click it because I don't want to activate his card.

On the right, under a silhouette of a person with a "+" sign, are rows: "name" "Date authorized" "has a card" and "address."  There's no alert for me to activate and since it already has a "date authorized", I assume he's officially added.

When I log on and click on Services, then Authorized Users, on the left there is a list of current auth users with 3 columns: name on card, last 4 digits, and activation date. The "Activation date" column for the main card (mine) is populated. For a couple of current AUs, the field is empty and for the rest there is a link that says "Activate Now". On the right under the person with a plus sign, I have the same thing you have.

So it looks like I don't need to click on those "activate" links. Can someone else confirm?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 02, 2021, 09:54:54 AM
I don't activate any cards anymore.  The last ones I did activate and use were BoA and they fired me.  Barclays posts fine without activation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 05, 2021, 03:06:27 PM
I do not activate the cards half the time anyways, no difference in posting, I think I only had a few not post out of a hundred or so
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on April 06, 2021, 08:11:06 AM
Additional anecdata: I have never once activated a card, and have never once had a card not post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 06, 2021, 11:49:04 AM
I never activate AU cards.  I've had a few not post, but I doubt it was because of this reason as the vast majority post fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on April 06, 2021, 12:16:48 PM
CITI is being weird for me about adding AUs... I call in, talk to the agent, and get the person added. Then they put me on "a brief hold" while they get a supervisor to verify my account by sending me a pin to my cell phone. All normal so far.

Then, the supervisor makes me go through the entire AU add process again. Name, social, DOB, agree to the disclosures, etc. Entirely repeat the process. I explain the last agent did this, but they keep asking me to verify the details. Ok...

Then, they get an error in the system that the AU is already on my account, added 10 minutes ago. That tends to confuse them but eventually they push it through.


Did 2 adds today and it happened on both calls.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on April 06, 2021, 12:22:54 PM
Have had this a few times... not the sharpest customer service reps.

Also a few times, not recently, there's an email that it didn't go through when it actually did.   Not sure what's broken in their system but mine have still posted and the TL company says not to worry.

CITI is being weird for me about adding AUs... I call in, talk to the agent, and get the person added. Then they put me on "a brief hold" while they get a supervisor to verify my account by sending me a pin to my cell phone. All normal so far.

Then, the supervisor makes me go through the entire AU add process again. Name, social, DOB, agree to the disclosures, etc. Entirely repeat the process. I explain the last agent did this, but they keep asking me to verify the details. Ok...

Then, they get an error in the system that the AU is already on my account, added 10 minutes ago. That tends to confuse them but eventually they push it through.


Did 2 adds today and it happened on both calls.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on April 06, 2021, 03:38:42 PM
Don’t get me started on Citi.

Called in to add 2 AUs last week. Painstakingly spelled out everything and had the rep repeat everything back to me to confirm, and then when I login later, both AUs had major misspellings, and none of the changes I make online will stick. They just revert back to the incorrect versions after I save.

Trying to add online first, then calling in the ssn doesn’t work either b/c the reps usually don’t know what to do if the AUs are already in the system.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gogore on April 07, 2021, 09:41:26 AM
While you let your Discover cool its jets, you can still milk the card with low balance forgiveness.  Go into your Amazon account and do a gift card reload for $1.99 on that discover card, once it's at a zero balance.  When the closing date comes, Discover will credit back that $1.99 but you continue to ecru reward points.  You could certainly put that $1.99 on the card in other ways, but it's pretty hard to get the exact number filling gas.  Amazon works especially well because you can reload as little as 50 cents and you get the full value to use for your regular purchases.  I do this with several cards when they're not getting any AUs assigned.

I didn't know low balance forgiveness was a thing.   I have 20+ credit cards and it's always a hassle keeping them going even with auto pay.  My wallet just isn't big enough and I don't shop for myself very much especially in person.     Do you know of any other card issuers that forgive low balances and what the thresholds are?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 07, 2021, 09:57:11 AM
While you let your Discover cool its jets, you can still milk the card with low balance forgiveness.  Go into your Amazon account and do a gift card reload for $1.99 on that discover card, once it's at a zero balance.  When the closing date comes, Discover will credit back that $1.99 but you continue to ecru reward points.  You could certainly put that $1.99 on the card in other ways, but it's pretty hard to get the exact number filling gas.  Amazon works especially well because you can reload as little as 50 cents and you get the full value to use for your regular purchases.  I do this with several cards when they're not getting any AUs assigned.

I didn't know low balance forgiveness was a thing.   I have 20+ credit cards and it's always a hassle keeping them going even with auto pay.  My wallet just isn't big enough and I don't shop for myself very much especially in person.     Do you know of any other card issuers that forgive low balances and what the thresholds are?

https://lmgtfy.app/?q=any+other+card+issuers+that+forgive+low+balances+and+what+the+thresholds+are
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 07, 2021, 10:09:37 AM
While you let your Discover cool its jets, you can still milk the card with low balance forgiveness.  Go into your Amazon account and do a gift card reload for $1.99 on that discover card, once it's at a zero balance.  When the closing date comes, Discover will credit back that $1.99 but you continue to ecru reward points.  You could certainly put that $1.99 on the card in other ways, but it's pretty hard to get the exact number filling gas.  Amazon works especially well because you can reload as little as 50 cents and you get the full value to use for your regular purchases.  I do this with several cards when they're not getting any AUs assigned.

I didn't know low balance forgiveness was a thing.   I have 20+ credit cards and it's always a hassle keeping them going even with auto pay.  My wallet just isn't big enough and I don't shop for myself very much especially in person.     Do you know of any other card issuers that forgive low balances and what the thresholds are?

discover, barclay, usbank, wells, etc.  I put either 99 cents or $1.99 (whichever is appropriate for the card) on my amazon online gift card.  I keep a spread sheet of both tradeline stuff and low balance stuff.  When I don't have a tradeline sale on a card, I let it go to zero, then move it to the low balance section.  There's a thing on....I think Dr. of Credit with a list of cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on April 07, 2021, 11:53:09 AM

...   I have 20+ credit cards and it's always a hassle keeping them going even with auto pay.  My wallet just isn't big enough and I don't shop for myself very much especially in person.

What do you mean by "keep them going"? If you are using them for tradelines, the card has to have a balance above the forgiveness amount in order to generate a statement. Otherwise the Authorized Users won't get the benefit of having the card on their credit report.

As far as shopping in person. There's no need to.
On the first of each month I put $5 on Amazon for each of my credit cards. Then I'm done. It doesn't matter what day the card closes since I am charging something on it the 1st of the month regardless. (None of my cards closes on the 1st, so there aren't any borderline cases I have to worry about.)

This works if you want to be sure the cards are above balance forgiveness in order to generate a statement so the AU's get the benefit.

But it also can work for low-balance forgiveness. The 1st of each month, go to Amazon and put the LBF amount on each card. Just go through the stack adding $1.99 or whatever to each on. There's nothing to keep track of this way.

Some people use excel spreadsheets and list closing dates and checking a box when they've made a charge that month. But I'd just rather take a few minutes once a month and use all of my cards in one fell swoop and be done with it.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on April 07, 2021, 11:55:42 AM
If you are worried about cards being closed due to lack of use (as you wait to season them), I'm not sure charging $1.99 each month and having it forgiven will work in your favor. I'm not sure but this doesn't seem like it would be considered actually using the card.  Perhaps do it most months, but once in a while put a higher charge on it so it will generate a statement.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chicagomeg on April 08, 2021, 06:43:04 PM
My PNC frustrations continue. A few months ago they made it so I had to use their horrific chat function in their app to remove an AU instead of doing it online. Now they are requesting that I provide my full social security number in the chat even though I am already signed into my account. The entire chat history sits there in my phone after the conversation ends. Such a stupid process.

Yes, I could just make a phone call, but phone calls are the worst.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DeniseNJ on April 09, 2021, 01:09:20 PM
You guys, omg.  I didn't' know you could call and ask for a reconsideration!  I applied for a Barclays, again, and was denied, again, and so I called for a reconsideration and they approved me over the phone!  Yay!!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 09, 2021, 01:28:19 PM
Which barlcaycard is the easiest to get if you have a high credit score but several relatively recent hard pulls and new account openings? Is there any difference between different cards in terms of approval criteria?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on April 09, 2021, 01:57:32 PM
Which barlcaycard is the easiest to get if you have a high credit score but several relatively recent hard pulls and new account openings? Is there any difference between different cards in terms of approval criteria?

Barclays is inquiry sensitive.  If you're new to them you have a decent chance, but you may want to wait a bit if you have lets say more than 6 in the last 12 months.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 09, 2021, 02:58:11 PM
Are you guys seeing more sales lately?  I have seen a major increase in the past 2-3 weeks.  Not sure it is stimulus related or tax refunds or what but I'll take it.

Hope everyone is busy with AU's!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on April 09, 2021, 03:10:37 PM
anyone ever had luck in disputing a Chase card closure? like trying to convince them to just restrict adding further AU's but keeping acct open?
not devastated about it since I made over 3K on it
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 09, 2021, 05:57:18 PM
You guys, omg.  I didn't' know you could call and ask for a reconsideration!  I applied for a Barclays, again, and was denied, again, and so I called for a reconsideration and they approved me over the phone!  Yay!!!
That's great, which card did you get?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on April 09, 2021, 06:04:25 PM
anyone ever had luck in disputing a Chase card closure? like trying to convince them to just restrict adding further AU's but keeping acct open?
not devastated about it since I made over 3K on it

I haven’t.   That’s why many here don't sell Chase spots as their cards and points are too valuable and Chase will blacklist you from other accounts.  You might find a datapoint on Reddit but I’ve heard of a lot of shutdowns and no reconsiderations.  At least they let you spend your points if they’re UR
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on April 09, 2021, 09:21:52 PM
Anyone else not getting paid by the "New Company?" Or at least it was referred to as the new company several years a go when I signed-up. I always have to email them to remind them to pay me, which is fine, but this time they have not replied to my 2 emails in over 1-week, and still no pay for orders from back in December.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on April 09, 2021, 09:26:15 PM
Anyone else not getting paid by the "New Company?" Or at least it was referred to as the new company several years a go when I signed-up. I always have to email them to remind them to pay me, which is fine, but this time they have not replied to my 2 emails in over 1-week, and still no pay for orders from back in December.

I spoke with the owner recently, he is out of town, but still that shouldn't happen. PM me with the info you signed up under and I can reach out for you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 10, 2021, 06:48:00 PM
Anyone else not getting paid by the "New Company?" Or at least it was referred to as the new company several years a go when I signed-up. I always have to email them to remind them to pay me, which is fine, but this time they have not replied to my 2 emails in over 1-week, and still no pay for orders from back in December.

That is standard operation for the new company.  I recently pulled my cards and switched to the old company. Way better IMO especially with payments. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on April 10, 2021, 07:13:10 PM
Correction, I sent 1 email over a week ago, and the second a couple days ago. Still no reply, and no payment. Will have to check out the "Old Company" I suppose. If they are accepting cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PVkcin on April 11, 2021, 02:06:59 PM
Question for anybody who may know the answer:

I'm with the old company. I'm relatively new to selling tradelines. I have a capital one card with them that's supposed to be on a 3 month cycle. Recently they have been marking (early) that my AU posted and paying me early, after around only 2 months. If it's posted and they paid me, should I still leave the AU on the card for the full 3 months (until the date they originally specified that I should remove them)?  I assume I'll just leave AU on the card until the date they said I can remove them, but wanted to ask your opinion.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on April 11, 2021, 03:12:23 PM
Question for anybody who may know the answer:

I'm with the old company. I'm relatively new to selling tradelines. I have a capital one card with them that's supposed to be on a 3 month cycle. Recently they have been marking (early) that my AU posted and paying me early, after around only 2 months. If it's posted and they paid me, should I still leave the AU on the card for the full 3 months (until the date they originally specified that I should remove them)?  I assume I'll just leave AU on the card until the date they said I can remove them, but wanted to ask your opinion.

Yes, you must leave the user on your card until the date specified in their system, even if they already paid you. That user paid to be on your card for 3 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 11, 2021, 03:16:03 PM
Question for anybody who may know the answer:

I'm with the old company. I'm relatively new to selling tradelines. I have a capital one card with them that's supposed to be on a 3 month cycle. Recently they have been marking (early) that my AU posted and paying me early, after around only 2 months. If it's posted and they paid me, should I still leave the AU on the card for the full 3 months (until the date they originally specified that I should remove them)?  I assume I'll just leave AU on the card until the date they said I can remove them, but wanted to ask your opinion.

Yes, you must leave the user on your card until the date specified in their system, even if they already paid you. That user paid to be on your card for 3 months.

And if you don't, they reserve the right to take their payment back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DeniseNJ on April 12, 2021, 06:22:40 AM
Which barlcaycard is the easiest to get if you have a high credit score but several relatively recent hard pulls and new account openings? Is there any difference between different cards in terms of approval criteria?

Ha, that's the best part.  I'm turning 50 this week so to embrace that fact I got the AARP Barclay card.
https://cards.barclaycardus.com/banking/cards/#///
I got the essential Rewards card with no annual fee. There's another one for old folks who travel, which I don't, so I got the one for old folks who stay put.
Earn a $100 Cash Back Bonus  after spending $500 on purchases in the first 90 days
Earn 3% Cash Back  on Gas & Drug Store purchases
Earn 2% Cash Back  on Medical expenses
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on April 12, 2021, 07:10:30 PM
Anyone else not getting paid by the "New Company?" Or at least it was referred to as the new company several years a go when I signed-up. I always have to email them to remind them to pay me, which is fine, but this time they have not replied to my 2 emails in over 1-week, and still no pay for orders from back in December.

Update: I just received an email from the New Company informing me that my payment has been processed and will be hitting my account in a couple days.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on April 14, 2021, 06:59:40 PM
This was an alert from one of the tradeline companies in reference to Bank of America cards.  Does anyone have a way to lower the risk of this happening?

"We have discovered a possible security risk with that bank where it could be possible for an authorized user to try to call the bank and request an authorized user credit card if they were to say they lost it.  We do not have any clear ways of trying to protect against this possibility but you can activate several alerts that can help you monitor that account and try to minimize the risk.  We are allowing credit partners to request that we sell their spots anyway if they are ok with that added risk."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DeniseNJ on April 15, 2021, 10:15:25 AM
How do you get your limits up to $30K?  I have a handful of cards and a 750 credit score and my highest limit is I think 15 or 20K. One is 10K and the rest only 5K or less. I use the cards for small purchases and have them all on autopay.  I think my Bank of America card is $1,000! I ask for increases and am either denied or they say that based on my use they don't think I need an increase.  How often do you request an increase and how? Do you call or go online?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on April 15, 2021, 10:19:48 AM
How do you get your limits up to $30K?  I have a handful of cards and a 750 credit score and my highest limit is I think 15 or 20K. One is 10K and the rest only 5K or less. I use the cards for small purchases and have them all on autopay.  I think my Bank of America card is $1,000! I ask for increases and am either denied or they say that based on my use they don't think I need an increase.  How often do you request an increase and how? Do you call or go online?

https://www.doctorofcredit.com/maximize-your-credit-limits-for-the-citi-gold-deal/

Some providers are better than others but Amex and Citi should be pretty easy.  Some are better with a call whereas some are automatic.  Try to avoid the hard pull companies if you can. That link tells you where that may be an issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on April 15, 2021, 10:52:13 AM
How do you get your limits up to $30K?  I have a handful of cards and a 750 credit score and my highest limit is I think 15 or 20K. One is 10K and the rest only 5K or less. I use the cards for small purchases and have them all on autopay.  I think my Bank of America card is $1,000! I ask for increases and am either denied or they say that based on my use they don't think I need an increase.  How often do you request an increase and how? Do you call or go online?


I think there are many factors that go into it, including how much total credit you have, income, debt and housing payments, and how much you are using the credit you already have.

I only have anecdotal evidence, but i've found that the premium cards with annual fees are the ones that give really high limits. I only have 2 cards with 30K+ limits and both were cards that had annual fees. What you could try is to get the annual fee waived, or product change the card after getting approved for the high limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 15, 2021, 01:38:49 PM
How do you get your limits up to $30K?  I have a handful of cards and a 750 credit score and my highest limit is I think 15 or 20K. One is 10K and the rest only 5K or less. I use the cards for small purchases and have them all on autopay.  I think my Bank of America card is $1,000! I ask for increases and am either denied or they say that based on my use they don't think I need an increase.  How often do you request an increase and how? Do you call or go online?


I think there are many factors that go into it, including how much total credit you have, income, debt and housing payments, and how much you are using the credit you already have.

I only have anecdotal evidence, but i've found that the premium cards with annual fees are the ones that give really high limits. I only have 2 cards with 30K+ limits and both were cards that had annual fees. What you could try is to get the annual fee waived, or product change the card after getting approved for the high limit.

Look for "visa signature" credit cards.  Some have fees but some do not as I recall.  They require a higher limit to be issued.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Dee_the_third on April 15, 2021, 02:45:08 PM
Has anybody ever tried selling a tradeline on a business card? Two advantages I can see - if you get shutdown it's not on your personal cards, and the banks might be less suspicious of frequent AU activity on business accounts (you're plausibly issuing them to employees etc.). My "business" is from real estate activity and it's not a big deal if they do get shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 15, 2021, 02:49:10 PM
Has anybody ever tried selling a tradeline on a business card? Two advantages I can see - if you get shutdown it's not on your personal cards, and the banks might be less suspicious of frequent AU activity on business accounts (you're plausibly issuing them to employees etc.). My "business" is from real estate activity and it's not a big deal if they do get shut down.

Doesn't work.  The AU's business card won't report on their personal credit history and therefore won't give them a credit boost, and therefore they won't pay for something that doesn't give them the benefit they seek.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on April 15, 2021, 02:50:23 PM
Has anybody ever tried selling a tradeline on a business card? Two advantages I can see - if you get shutdown it's not on your personal cards, and the banks might be less suspicious of frequent AU activity on business accounts (you're plausibly issuing them to employees etc.). My "business" is from real estate activity and it's not a big deal if they do get shut down.

They don't report to credit reports like personal cards, so you can't.  Capital one used to but I think they just changed that.  And even when they did when you were primary the AUs didn't show up.  I thinK Barclays may have as well. This is why those who churn signup bonuses often use business cards as they stay under the radar with new accounts on your credit report.     There may be some exceptions but I don't know of any with smaller issuers.

If you do it right you can minimize shutdowns on personal cards, but of course never list a card you don't want to lose.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Dee_the_third on April 15, 2021, 04:06:51 PM
Ah, bummer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 16, 2021, 01:48:56 PM
My reminder just went off to remove an AU from my discover card, but when I go to the discover website that person is no longer listed as an AU.  In the tradeline portal I can see that the AU was successfully posted and I was paid for it.  Since it posted and I was paid it seems like it shouldn't be an issue, but also WTF? I never removed that AU.  I don't remember getting any notifications from discover that they removed any AU for me either. 

Anyone had anything similar happen?


Ignore this post. This AU was on my citi and not my discover. 

(https://media1.tenor.com/images/d0009c5afab3a15d2a363d4befb265ca/tenor.gif?itemid=10833466)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 16, 2021, 01:56:48 PM
I recently had a large purchase come up, and it had to go on cc, so I used my best rewards cc for the situation which is my citi doublecash (2% back).  My limit is $9,500 and this purchase brought me to just over $9,000 on the card.  I paid the charge off immediately, so when my statement ends it should post with just a few hundred on it and be well under the 10% utilization.

Is doing this likely to cause a problem or issue?  I am going to run into this same scenario a couple times over the next couple months, and I would prefer to use my best rewards.  I wasn't anticipating that only cc payments would be accepted, so I didn't sign up for any new cards.  I could potentially try to sign up for more cards and easily meet the minimum spend with the other planned transactions.

Is citi likely to give me an increased limit due to spending so close to my limit?  They've been keeping me at $9,500 so I am just out of the next pricing tier for TL, and they've denied my last couple requests for credit increases.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 16, 2021, 01:59:53 PM
My reminder just went off to remove an AU from my discover card, but when I go to the discover website that person is no longer listed as an AU.  In the tradeline portal I can see that the AU was successfully posted and I was paid for it.  Since it posted and I was paid it seems like it shouldn't be an issue, but also WTF? I never removed that AU.  I don't remember getting any notifications from discover that they removed any AU for me either. 

Anyone had anything similar happen?

Once, I think.  Since you're in a good state I wouldn't worry about it.  I certainly wouldn't worry enough to call Discover.

There's an outside possibility that the AU called Discover and removed themselves.  Unlikely, but I've had AUs do approximately the same level of weird things.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 16, 2021, 02:07:32 PM
I recently had a large purchase come up, and it had to go on cc, so I used my best rewards cc for the situation which is my citi doublecash (2% back).  My limit is $9,500 and this purchase brought me to just over $9,000 on the card.  I paid the charge off immediately, so when my statement ends it should post with just a few hundred on it and be well under the 10% utilization.

Is doing this likely to cause a problem or issue?  I am going to run into this same scenario a couple times over the next couple months, and I would prefer to use my best rewards.  I wasn't anticipating that only cc payments would be accepted, so I didn't sign up for any new cards.  I could potentially try to sign up for more cards and easily meet the minimum spend with the other planned transactions.

Is citi likely to give me an increased limit due to spending so close to my limit?  They've been keeping me at $9,500 so I am just out of the next pricing tier for TL, and they've denied my last couple requests for credit increases.

It's unlikely but possible.  As I'm sure you know, CCs typically only report statement balances to the CRAs, but they are not restricted from reporting it at other times, so you conceivably run the risk of the CC reporting a mid-cycle balance (for whatever reason) and then aggravating any AUs you have on there.

For simplicity's sake and to avoid any risk of the above, I separate my daily CC usage from my piggybacking cards.

Spending close to your limit might induce Citi to raise your limit.  Usually that's one factor they look at.  The other big one is your reported household income.  And then of course your overall credit score and history.

I suspect, but cannot confirm, that AUs looking at their card options will pick the highest limit and oldest card within a given price range.  So if your Citi gets raised to $10.1K, and it's now mixed in with a bunch of other cards that range from $10K to $20K for the same price, I would imagine that a hypothetical AU would pick someone else's $19.8K limit card over yours.  So you have to decide if that tradeoff is worth it to you.

But AUs are not the most rational of financial actors, and I can't fully explain the relative popularity of my cards' slots with the above logic, so it's maybe just a hypothetical concern.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 16, 2021, 02:17:28 PM
I recently had a large purchase come up, and it had to go on cc, so I used my best rewards cc for the situation which is my citi doublecash (2% back).  My limit is $9,500 and this purchase brought me to just over $9,000 on the card.  I paid the charge off immediately, so when my statement ends it should post with just a few hundred on it and be well under the 10% utilization.

Is doing this likely to cause a problem or issue?  I am going to run into this same scenario a couple times over the next couple months, and I would prefer to use my best rewards.  I wasn't anticipating that only cc payments would be accepted, so I didn't sign up for any new cards.  I could potentially try to sign up for more cards and easily meet the minimum spend with the other planned transactions.

Is citi likely to give me an increased limit due to spending so close to my limit?  They've been keeping me at $9,500 so I am just out of the next pricing tier for TL, and they've denied my last couple requests for credit increases.

It's unlikely but possible.  As I'm sure you know, CCs typically only report statement balances to the CRAs, but they are not restricted from reporting it at other times, so you conceivably run the risk of the CC reporting a mid-cycle balance (for whatever reason) and then aggravating any AUs you have on there.

For simplicity's sake and to avoid any risk of the above, I separate my daily CC usage from my piggybacking cards.

Spending close to your limit might induce Citi to raise your limit.  Usually that's one factor they look at.  The other big one is your reported household income.  And then of course your overall credit score and history.

I suspect, but cannot confirm, that AUs looking at their card options will pick the highest limit and oldest card within a given price range.  So if your Citi gets raised to $10.1K, and it's now mixed in with a bunch of other cards that range from $10K to $20K for the same price, I would imagine that a hypothetical AU would pick someone else's $19.8K limit card over yours.  So you have to decide if that tradeoff is worth it to you.

But AUs are not the most rational of financial actors, and I can't fully explain the relative popularity of my cards' slots with the above logic, so it's maybe just a hypothetical concern.

I set an alert for the pending charge, and immediately logged on and paid it off as soon as it posted.  It was probably only posted for an hour before being paid.  Less likely to be chosen with a higher limit, but also more money per AU with the higher limit.  Hmm.  I don't know what they would raise my limit to, nor how many sales I'd get, so I don't know if I can evaluate that.  But it's something to ponder that I hadn't initially considered.

You replied to me other post before I could edit it.  My AU was on my citi and not discover, so I'm just a doofus and nothing fishy happened. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on April 17, 2021, 12:20:37 PM
How has Fidelity/Elan been lately for adding AU lately?  Can you add them online? My Fidelity was shut down last last year for adding too many AUs. I was just approved for a new Fidelity card, but when I click to add an AU, it says I have to call them. Has this happened to anyone else?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 20, 2021, 01:11:24 PM
Just got a letter that my formerly best selling card (hit the max # of AU's) with Barclays will be reissued as a different product/card.  Letter says it will have a new #.  Yahoo!  Any predictions on if that will reset the AU limit AND keep the original open date??  Fingers crossed... :)

This is supposed to happen in May so I will update the thread once I get the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 20, 2021, 04:09:07 PM
Just got a letter that my formerly best selling card (hit the max # of AU's) with Barclays will be reissued as a different product/card.  Letter says it will have a new #.  Yahoo!  Any predictions on if that will reset the AU limit AND keep the original open date??  Fingers crossed... :)

This is supposed to happen in May so I will update the thread once I get the card.

Why did this happen?  Did you ask for it, or did the old product/card go away for some reason, or ...?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 20, 2021, 04:16:17 PM
Just got a letter that my formerly best selling card (hit the max # of AU's) with Barclays will be reissued as a different product/card.  Letter says it will have a new #.  Yahoo!  Any predictions on if that will reset the AU limit AND keep the original open date??  Fingers crossed... :)

This is supposed to happen in May so I will update the thread once I get the card.

Why did this happen?  Did you ask for it, or did the old product/card go away for some reason, or ...?

Product going away.  Here are 2 links from DoC.  I did not think anything of it when these first popped up.  Maybe others will get lucky too!

https://www.doctorofcredit.com/barclays-financing-cardholders-to-be-converted-new-barclays-view-mastercard/

https://www.doctorofcredit.com/barclays-visa-with-apple-rewards-to-be-replaced-with-barclays-view/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on April 20, 2021, 06:11:59 PM
Just got a letter that my formerly best selling card (hit the max # of AU's) with Barclays will be reissued as a different product/card.  Letter says it will have a new #.  Yahoo!  Any predictions on if that will reset the AU limit AND keep the original open date??  Fingers crossed... :)

This is supposed to happen in May so I will update the thread once I get the card.

Fingers crossed! My Barclays arrival has supposedly been discontinued for a bit, I haven't gotten any such letter. But then again, I'm still going strong. I've had 44 Authorized Users on that card, so I'm expecting to hit the limit any time now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on April 22, 2021, 02:51:17 PM
Are people still able to add users to Fidelity/Elan online? I tried, but there is a message that I need to call them. Anyone else experience this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 23, 2021, 12:16:22 PM
Are people still able to add users to Fidelity/Elan online? I tried, but there is a message that I need to call them. Anyone else experience this?

Sorry to say I don't know.  My fidelity card was shut down a while back.  Hope someone else knows the answer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: thedigitalone on April 23, 2021, 04:28:32 PM
I'm not playing the tradelines game, but I added my teenage daughters as AUs to help with their credit history and we also got them signed into Credit Karma to watch for fraud.  I was surprised to see that they can see the credit line balance and limits via Credit Karma, so you are giving up a tiny amount of personal info the the AUs on your account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on April 23, 2021, 05:52:10 PM
I'm not playing the tradelines game, but I added my teenage daughters as AUs to help with their credit history and we also got them signed into Credit Karma to watch for fraud.  I was surprised to see that they can see the credit line balance and limits via Credit Karma, so you are giving up a tiny amount of personal info the the AUs on your account.

Fair, but, that's what they're paying for... adding the limit to increase their "available credit" and the balance to reduce their "utilization"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 24, 2021, 12:46:05 PM
I recently had a large purchase come up, and it had to go on cc, so I used my best rewards cc for the situation which is my citi doublecash (2% back).  My limit is $9,500 and this purchase brought me to just over $9,000 on the card.  I paid the charge off immediately, so when my statement ends it should post with just a few hundred on it and be well under the 10% utilization.

Is doing this likely to cause a problem or issue?  I am going to run into this same scenario a couple times over the next couple months, and I would prefer to use my best rewards.  I wasn't anticipating that only cc payments would be accepted, so I didn't sign up for any new cards.  I could potentially try to sign up for more cards and easily meet the minimum spend with the other planned transactions.

Is citi likely to give me an increased limit due to spending so close to my limit?  They've been keeping me at $9,500 so I am just out of the next pricing tier for TL, and they've denied my last couple requests for credit increases.

It's unlikely but possible.  As I'm sure you know, CCs typically only report statement balances to the CRAs, but they are not restricted from reporting it at other times, so you conceivably run the risk of the CC reporting a mid-cycle balance (for whatever reason) and then aggravating any AUs you have on there.

For simplicity's sake and to avoid any risk of the above, I separate my daily CC usage from my piggybacking cards.

Spending close to your limit might induce Citi to raise your limit.  Usually that's one factor they look at.  The other big one is your reported household income.  And then of course your overall credit score and history.

I suspect, but cannot confirm, that AUs looking at their card options will pick the highest limit and oldest card within a given price range.  So if your Citi gets raised to $10.1K, and it's now mixed in with a bunch of other cards that range from $10K to $20K for the same price, I would imagine that a hypothetical AU would pick someone else's $19.8K limit card over yours.  So you have to decide if that tradeoff is worth it to you.

But AUs are not the most rational of financial actors, and I can't fully explain the relative popularity of my cards' slots with the above logic, so it's maybe just a hypothetical concern.

Not sure this is the case with all companies, but I have looked at their inventory from a buyer's perspective before (out of curiosity). While they typically pay us a set amount in a range, the cards will have a different price tag on the consumer side based on age and limit. So just because you get a limit raised that puts you into a higher pay bracket doesn't mean it's going to cost significantly more for the consumer to purchase.

This means that the cards at the high end of a range make the tradeline company more money than those at the bottom, but it likely evens out. I would assume the ranges are just much easier for them than quoting cards at a fixed rate of the retail price.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 24, 2021, 12:47:18 PM
Are people still able to add users to Fidelity/Elan online? I tried, but there is a message that I need to call them. Anyone else experience this?

I just had an AU for my Associated Bank (Elan) card. Their website was down, but I was able to add the user using their mobile app. I'm not sure how that equates to other Elan cards, though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 24, 2021, 12:48:42 PM
Just got a letter that my formerly best selling card (hit the max # of AU's) with Barclays will be reissued as a different product/card.  Letter says it will have a new #.  Yahoo!  Any predictions on if that will reset the AU limit AND keep the original open date??  Fingers crossed... :)

This is supposed to happen in May so I will update the thread once I get the card.

Fingers crossed! My Barclays arrival has supposedly been discontinued for a bit, I haven't gotten any such letter. But then again, I'm still going strong. I've had 44 Authorized Users on that card, so I'm expecting to hit the limit any time now.

Wow, 44 users, really!!? My Barclay lifetime limit has always been 30, same for my wife. I wonder why there is such a range?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 24, 2021, 12:54:41 PM
I was sure I saw something about Discover cards recently, but I can't find the post now. It was in reference to the apparent date limit on adding another user to your Discover card. I recently had one user on my card, and even though it says I can have up to 5 users it said that I couldn't add another until 5/18/21. I received an order for this card and was told that you can still call the order in. I tried it, spoke with a US based CSR who was able to help me add the user in about 10 minutes. Just wanted to throw that out there in case others have run into this issue with Discover.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on April 24, 2021, 05:03:17 PM
Wow, 44 users, really!!? My Barclay lifetime limit has always been 30, same for my wife. I wonder why there is such a range?

Yes. I don't ask questions, I'm happy to just let the gravy train keep running as long as it will go ;-)

I was sure I saw something about Discover cards recently, but I can't find the post now. It was in reference to the apparent date limit on adding another user to your Discover card. I recently had one user on my card, and even though it says I can have up to 5 users it said that I couldn't add another until 5/18/21. I received an order for this card and was told that you can still call the order in. I tried it, spoke with a US based CSR who was able to help me add the user in about 10 minutes. Just wanted to throw that out there in case others have run into this issue with Discover.

Thanks for the tip! My Discover Card has been sidelined for quite a while, waiting for the AU lockout period to end, so I might try making one slot available to see if I can add via the phone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 27, 2021, 05:13:05 AM
I was sure I saw something about Discover cards recently, but I can't find the post now. It was in reference to the apparent date limit on adding another user to your Discover card. I recently had one user on my card, and even though it says I can have up to 5 users it said that I couldn't add another until 5/18/21. I received an order for this card and was told that you can still call the order in. I tried it, spoke with a US based CSR who was able to help me add the user in about 10 minutes. Just wanted to throw that out there in case others have run into this issue with Discover.
+1 to this. My Discover says I can add again online although I have yet to try. P2 still has a date listed but calling in to add the AU was successful. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rhinodad on April 27, 2021, 12:13:55 PM
Just got the dreaded letter yesterday from Bank of America. This after having the card for like 12 years, and only doing Tradelines for 4 sales. C'est la Vie. Doesn't make a whole lot of sense to me, as they shut down all the cards, and one of them I actively use...so they won't see that income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 27, 2021, 12:35:22 PM
BOA shut me down too. I heard you can only add one user at a time to them, I had added like 2-3 OH well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on April 30, 2021, 11:25:33 AM
I FINALLY got another order yesterday! When I logged in, it turned out there were TWO new users to add. I just finished the call to add them. Happy that I'm finally seeing some activity.

I don't know if the issue was that I never notified them that I had removed the previous user or what. I did that about a month ago and also got the card limit bumped from $12k to $14k.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 30, 2021, 04:01:47 PM
Question about Barclaycard. If a card you use for tradelines is re-issued for security reasons because one of the merchants you used it with was compromised, does it make any difference for tradeline sales or existing AUs? The account stays the same, just the main card is re-issued with a different number.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 30, 2021, 04:57:31 PM
Question about Barclaycard. If a card you use for tradelines is re-issued for security reasons because one of the merchants you used it with was compromised, does it make any difference for tradeline sales or existing AUs? The account stays the same, just the main card is re-issued with a different number.

AFAIK, no.  It works fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 04, 2021, 08:56:01 AM
With anyone, when the card is re-issued, everything with tradelines remains as is.  I just had one where I check quite often (because tradelines need a balance), and saw a fraud charge.  Called and they actually declined the charge before I saw it in pending charges.  Re-issued the card.  Live goes on.  Card came in yesterday and so I activated it and bought take out with it to be sure it's working.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Dee_the_third on May 04, 2021, 09:25:45 AM
Will "old company" email you when a spot sells? I can't find that info in their FAQ.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 04, 2021, 09:32:00 AM
Will "old company" email you when a spot sells? I can't find that info in their FAQ.

Yes they will (both companies do this). You can also sign up to get a text message.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on May 12, 2021, 09:23:03 AM
Need some urgent advice-
I have 2 bank of america cards signed up with old company. One had a 10k limit  and one had a 20k limit (and is a really old card, 15+ yrs)

I opened a new card with them this past week for rewards, and the new card has 20k limit, but they reduced my other two cards to 9k and 12k. Which stinks because it lowers my commission fees on those cards, the 9k one may not be eligible anymore.

Is there anything I can say to the BofA rep that could help me redistribute some of the new card back to the other card (s)?? That seems like a big red flag to me, they are going to ask why, etc. I only put small charges of 30-50$ a month on those two cards and just use them for AUs basically.

I know BoA is risky and gets shutdowns so perhaps I should just leave it alone? I have been getting sales on the two cards thru Old Company this past year. But previous years, hardly any.

Any thoughts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on May 12, 2021, 09:24:50 AM
Reallocating credit is not a red flag. It's done all the time.

Having said that, one of the TL companies I work with is not selling BofA right now because there have been quite a few recent shutdowns.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on May 12, 2021, 09:27:57 AM
If they asked why (I guess Im mainly concerned about the higher limit card, becasuse its worth the highest commission, and it was actually 27, 500 and now 12) what would I say? Or is the advice to just leave it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on May 12, 2021, 09:30:26 AM
I typically just say that I want to use each of these cards for different spending, is it possible to move some from my new card to my old cards?  Then they'll ask you how much and will make it happen.  Looks like they might do a credit pull is the only caveat

This post has a lot of helpful info on the process https://www.doctorofcredit.com/rules-for-reallocating-your-credit-limit-with-each-credit-card-issuer/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on May 12, 2021, 09:59:04 AM
thanks harrydogyo
 
I called and it was very simple to move credit from my new account to the other account. I appreciate your help!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on May 12, 2021, 02:10:09 PM
Anyone here have a Kohls card (Capital One) and try adding AUs to it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on May 12, 2021, 02:53:46 PM
Need some urgent advice-
I have 2 bank of america cards signed up with old company. One had a 10k limit  and one had a 20k limit (and is a really old card, 15+ yrs)

I opened a new card with them this past week for rewards, and the new card has 20k limit, but they reduced my other two cards to 9k and 12k. Which stinks because it lowers my commission fees on those cards, the 9k one may not be eligible anymore.

Is there anything I can say to the BofA rep that could help me redistribute some of the new card back to the other card (s)?? That seems like a big red flag to me, they are going to ask why, etc. I only put small charges of 30-50$ a month on those two cards and just use them for AUs basically.

I know BoA is risky and gets shutdowns so perhaps I should just leave it alone? I have been getting sales on the two cards thru Old Company this past year. But previous years, hardly any.

Any thoughts.

When BofA did this to me, they sent me a letter with a number I could call to re-allocate. There's a reference number they will identify you by. 

Don't call the number on the back of your card, I tried that beore I got the letter and they said I would need to submit a credit application.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: redwheel92 on May 19, 2021, 03:10:27 PM
Hi all, I'm new to tradelines and was wondering if anyone could message me what companies they recommend selling through. I notice "old company" and "new company" being thrown around quite a bit, but would appreciate the help! Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 19, 2021, 03:13:31 PM
Just got a letter that my formerly best selling card (hit the max # of AU's) with Barclays will be reissued as a different product/card.  Letter says it will have a new #.  Yahoo!  Any predictions on if that will reset the AU limit AND keep the original open date??  Fingers crossed... :)

This is supposed to happen in May so I will update the thread once I get the card.

Got the new card finally.  It shows the original open date and has a new number.  I will try to add spouse as an AU to see if it works as I hope.  Will advise.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 19, 2021, 03:46:35 PM
Hi all, I'm new to tradelines and was wondering if anyone could message me what companies they recommend selling through. I notice "old company" and "new company" being thrown around quite a bit, but would appreciate the help! Thanks!

PM sent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Shannondoggy on May 21, 2021, 05:10:43 AM
Would you be kind enough to PM the information as well.  Thank you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 21, 2021, 09:27:21 AM
Would you be kind enough to PM the information as well.  Thank you.

PM sent.

As in the OP, please PM me (http://forum.mrmoneymustache.com/pm/?sa=send;u=25) if you'd like more info to not clutter the thread with requests. Cheers! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on May 21, 2021, 10:42:43 AM
Quick question. I've got a CC issued by Elan Financial, but there's an AMEX sticker in the bottom right corner. Assuming 2+ years of history and $10k+ credit limit, does anyone know whether this card would be eligible for tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 21, 2021, 10:45:10 AM
Quick question. I've got a CC issued by Elan Financial, but there's an AMEX sticker in the bottom right corner. Assuming 2+ years of history and $10k+ credit limit, does anyone know whether this card would be eligible for tradelines?

Nope, unfortunately Amex doesn't report the same way (they report the date opened as the date you added the AU, so they get the benefit of the credit limit, but not age). There are some TL companies out there that will take them, but it isn't common.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on May 23, 2021, 05:27:14 PM
Quick question. I've got a CC issued by Elan Financial, but there's an AMEX sticker in the bottom right corner. Assuming 2+ years of history and $10k+ credit limit, does anyone know whether this card would be eligible for tradelines?

I wonder if you can product change to one of their visa or mc products and keep the age of the card? Might be worth a call… I has a citi Amex that  recently switched to a MasterCard and kept the age when it reports.

One of my Amex cards is my biggest sellers but it’s the high limit since no age of account  reports.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 24, 2021, 10:51:52 AM
My mailman is becoming suspicious.  #mpp
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on May 24, 2021, 01:04:47 PM
Quick question. I've got a CC issued by Elan Financial, but there's an AMEX sticker in the bottom right corner. Assuming 2+ years of history and $10k+ credit limit, does anyone know whether this card would be eligible for tradelines?

I wonder if you can product change to one of their visa or mc products and keep the age of the card? Might be worth a call… I has a citi Amex that  recently switched to a MasterCard and kept the age when it reports.

One of my Amex cards is my biggest sellers but it’s the high limit since no age of account  reports.

Great idea. I'll call and ask.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 24, 2021, 02:38:25 PM
My mailman is becoming suspicious.  #mpp

Sounds like someone needs a new business expense to write off...  :)   $46/yr for a USPS po box.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on May 26, 2021, 06:07:32 AM
@harrydogyo :  I have some very high limit Amex cards . . . do you mind PM'ing me the name of the Tradeline company that accepts those?

Folks with Barclay Cards: when you request a credit line increase, how much do you ask for at a time? They recently denied one of my requests (they called me on the phone and did that), but I think I might have asked for too much at once, lol. I understand some of you make credit line requests every few months. What is the sweet spot you have had success with for Barclays in terms of times/amounts?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on May 26, 2021, 07:08:25 AM
What is the increase in credit limit you ask for?

I've been asking for an increase to $40,000 and get denied.  The ones that do get approved are for $1,000 increase.

Barclays issued cards at $5k and when asked for an increase, received another $4k for a total of $9k.
Cap1 denied a card application and then sent guaranteed approval email which resulted in a $1k Savor card. 
I may have too many inquiries on my report this year for good increases.  Most denials say lack of usage.

Discover says a request can be made every 30 days and is a soft pull for $1k increase.  I talked with a rep and got another $1.5K increase and a hard pull.  The rep also said every 30 days for an increase.  Not sure that was worth it for a hard pull.

Doctor of Credit lists the times that an increase request can be made.  Good reference site.  Others data points come up with a google search.  Surprising the amount of information online now that I'm looking for it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on May 26, 2021, 06:28:29 PM
^Ah, thank you, this is good to know!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 26, 2021, 08:03:39 PM
My Barclaycard started at $15k limit I believe. I asked for an increase to $22k and stated I had some upcoming large purchases but I still wanted to keep my utilization low. It was approved. Prior to that my balance had never been more than $3k or so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on May 28, 2021, 04:02:37 PM
^Thanks for this tip. I did request a small credit increase from Barclay's since my last posting, and they called me to approve it. I think them calling me is weird, but they do that I guess. I'll keep the "large purchase but low utilization" excuse in mind for my next requested increase. Can do this quarterly?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on May 28, 2021, 08:05:02 PM
^Thanks for this tip. I did request a small credit increase from Barclay's since my last posting, and they called me to approve it. I think them calling me is weird, but they do that I guess. I'll keep the "large purchase but low utilization" excuse in mind for my next requested increase. Can do this quarterly?
Just be aware that Barclays is always a hard pull.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 30, 2021, 04:45:44 PM
Question about Citibank. I used to sell tradelines on one of their cards and had to spell out all the AU details over the phone every time. Then sometimes i was transfered to another department to check my identity etc. Also there was no option to opt out of receiving a physical card for the AU. That was a couple of years ago. Is it still the same or got better or worse? Is it even worth using Citibank cards for tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on May 30, 2021, 06:14:09 PM
Question about Citibank. I used to sell tradelines on one of their cards and had to spell out all the AU details over the phone every time. Then sometimes i was transfered to another department to check my identity etc. Also there was no option to opt out of receiving a physical card for the AU. That was a couple of years ago. Is it still the same or got better or worse? Is it even worth using Citibank cards for tradelines?


YMMV, but I have always had issues with Citi, still have to spell out all the AU detail every time over the phone, with reps who may or may not get it right. Sometimes they will still not post, and frequently I will be transferred around a bit.

Is it worth it? For me, it is absolutely worth it. In the grand scheme of things I am making one 20 minute phone call and earning $300. I'll take it every time.

Whether it is worth it or not to you is your call.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 30, 2021, 06:58:14 PM
Question about Citibank. I used to sell tradelines on one of their cards and had to spell out all the AU details over the phone every time. Then sometimes i was transfered to another department to check my identity etc. Also there was no option to opt out of receiving a physical card for the AU. That was a couple of years ago. Is it still the same or got better or worse? Is it even worth using Citibank cards for tradelines?


YMMV, but I have always had issues with Citi, still have to spell out all the AU detail every time over the phone, with reps who may or may not get it right. Sometimes they will still not post, and frequently I will be transferred around a bit.

Is it worth it? For me, it is absolutely worth it. In the grand scheme of things I am making one 20 minute phone call and earning $300. I'll take it every time.

Whether it is worth it or not to you is your call.

Strange.  I just started selling AU slots on my one Citi personal card with Old Company.  There's a place for me in the Citi online portal to add AUs, and I'm pretty sure I used that and didn't call it in.

If an AU doesn't post with Old Company, then I don't get paid.  So if Citi is problematic in terms of posting even when I do my part right, then I would include that in my assessment.  Maybe it's a 20 minute phone call, but if it's $300 only half the time then that looks to me like an average of $150.

Which still may be worth it, but I'd certainly take it into account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on May 31, 2021, 12:58:02 AM
Strange.  I just started selling AU slots on my one Citi personal card with Old Company.  There's a place for me in the Citi online portal to add AUs, and I'm pretty sure I used that and didn't call it in.

Let us know if these have been posting for you. I would love to skip the phone call, but when I started selling Citi 2 years ago, I would use the online portal to add, but there is no place for the SSN. None of the AUs I added via the Citi online portal ever posted. 0% success rate. Other banks don't ask for the SSN but still post. This has not worked for me with Citi.

If an AU doesn't post with Old Company, then I don't get paid.  So if Citi is problematic in terms of posting even when I do my part right, then I would include that in my assessment.  Maybe it's a 20 minute phone call, but if it's $300 only half the time then that looks to me like an average of $150.

Yeah you are right, this should be included in the assessment. But ever since I've been calling in the AUs, my posting rate is about 80%. So let's call it an average of $240, then.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 31, 2021, 06:49:34 AM
Strange.  I just started selling AU slots on my one Citi personal card with Old Company.  There's a place for me in the Citi online portal to add AUs, and I'm pretty sure I used that and didn't call it in.

Let us know if these have been posting for you. I would love to skip the phone call, but when I started selling Citi 2 years ago, I would use the online portal to add, but there is no place for the SSN. None of the AUs I added via the Citi online portal ever posted. 0% success rate. Other banks don't ask for the SSN but still post. This has not worked for me with Citi.

Interesting.  I had not been paying close attention other than to note that Citi was a pain.  I didn't connect that I had added a Citi card to my AU roster recently.  I also didn't pay attention to the TL company documentation that says that Citi is phone only for adds; I assumed (yeah, I know) that if there was a portal for adding that it would work.

At this point I've only added one AU so far, and I've been paid but it hasn't marked as posted yet; since I added the AU on 3/9/21 and you've pointed it out, that seems problematic.  I guess I'll wait and see what happens.  If I remember to I'll post back here on the results.  Since it has been that long I would think if it didn't work then the AU would have already complained and the TL company would have investigated, but that hasn't happened yet either.  :Shrug:
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 01, 2021, 11:48:59 AM
For Chase cards, is there an option to add an AU and not receive a new card for them (like there is for Barclays)? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 01, 2021, 04:02:57 PM
Does anyone use amazon gift card reload to ensure balance on rarely used cards?  I'd like to set up an automatic reload purchase monthly for 2 separate cards, but amazon is only giving me the option to use one.  Adding a second card just changes the monthly reload to the new card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 01, 2021, 04:11:39 PM
Does anyone use amazon gift card reload to ensure balance on rarely used cards?  I'd like to set up an automatic reload purchase monthly for 2 separate cards, but amazon is only giving me the option to use one.  Adding a second card just changes the monthly reload to the new card.

Yes, but I just do it manually once a month, and only on cards with existing AUs.  Since that's only a few I don't mind doing it manually.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nate79 on June 01, 2021, 07:54:41 PM
For Chase cards, is there an option to add an AU and not receive a new card for them (like there is for Barclays)?
I didn't think anyone was foolish enough to use Chase cards for this game?

Sent from my SM-G950U using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 01, 2021, 08:28:40 PM
For Chase cards, is there an option to add an AU and not receive a new card for them (like there is for Barclays)?
I didn't think anyone was foolish enough to use Chase cards for this game?

Sent from my SM-G950U using Tapatalk

I do.  I don't think it's foolish.  I do understand that I'm risking my entire Chase relationship, which I am OK with.

(And I always let them send cards, FWIW.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on June 02, 2021, 10:29:58 AM
Quick question. I've got a CC issued by Elan Financial, but there's an AMEX sticker in the bottom right corner. Assuming 2+ years of history and $10k+ credit limit, does anyone know whether this card would be eligible for tradelines?

I wonder if you can product change to one of their visa or mc products and keep the age of the card? Might be worth a call… I has a citi Amex that  recently switched to a MasterCard and kept the age when it reports.

One of my Amex cards is my biggest sellers but it’s the high limit since no age of account  reports.

Great idea. I'll call and ask.

Following up on this. I called Elan Financial and told them I wanted to switch to another product to use the card more (which is actually true). They gave me a list of available options and said the only difference will be the card issuer will be MasterCard instead of AMEX. All account history and credit limit retained. New card will arrive in 7-10 days.

:)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 02, 2021, 05:01:57 PM
Chase kicked me to the doghouse 3 years ago for selling AU slots. I lost both of my accounts, even the one I wasn't using for AUs. They were pretty clear about the reason for the closures, and that the decision was final, and indefinite.

I tried applying a couple times since then, but both times I got turned down for previous negative experience.

Today I got a flyer in the mail (postal, paper mail) advertising their new Chase Marriott Bold card, with a bonus 50k points. The flyer was addressed specifically to me, not to "resident". So I gave it a try.

I am the proud owner of a new Chase card with a $21k credit limit. It appears 3 years is how long you must wait in purgatory if Chase kicks you out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on June 02, 2021, 08:52:20 PM
^lol, good to know. I'm not going to risk my Chase relationship, but I'm glad that worked out for you finally.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 02, 2021, 08:54:50 PM
Following up on this. I called Elan Financial and told them I wanted to switch to another product to use the card more (which is actually true). They gave me a list of available options and said the only difference will be the card issuer will be MasterCard instead of AMEX. All account history and credit limit retained.

It appears 3 years is how long you must wait in purgatory if Chase kicks you out.

Both of these things are really good to know. Thanks to both of you for sharing that info! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 03, 2021, 09:05:12 AM
I prefer to not ruin my relationship with Chase. We've racked up over a million UR points in the last 2-3 years. I understand though it's entirely different for everyone. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on June 03, 2021, 02:47:59 PM
I've been selling AUs on both of my Chase cards for 38 months now.
I've had 54 sales (combined) at $275 a pop... just about to hit $15,000 in commissions for those two cards.  Not too shabby.
If I lose 'em, I lose 'em.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 04, 2021, 09:09:20 AM
I prefer to not ruin my relationship with Chase. We've racked up over a million UR points in the last 2-3 years. I understand though it's entirely different for everyone.

I've been selling AUs on both of my Chase cards for 38 months now.
I've had 54 sales (combined) at $275 a pop... just about to hit $15,000 in commissions for those two cards.  Not too shabby.
If I lose 'em, I lose 'em.

It's OK to sell slots on Chase, as long as you're OK with the possibility of being booted out of Chase's entire ecosystem. I think both of you have the right attitude here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PVkcin on June 05, 2021, 12:08:20 AM
Today my wife told me a tow truck showed up to our driveway, and the driver was asking for somebody who doesn't live at our house (she had no clue who the person was, but when she told me the story later I recognized the name as somebody I added as an AU). They said the bank sent them to repo the guy's BMW.

(I just started selling tradelines about 8 months ago, cautiously only adding 1 AU to 2 different cards. Maybe I'm being too cautious and could have been adding more than 1 slot to the cards but I was/am just "getting my feet wet" to see how this works.)

Ironically, the repo man was looking for one of my newest AU's that I just added 29 days ago, so he's still an active AU.

Question for those of you that have been selling tradelines for some time:

Is it fairly common/normal to have creditors show up to your door, asking for the name of ______ (insert AU/tradeliine sale)? I was fully aware this could happen, as I read stories on this thread previously that you can expect a call from a creditor asking for the name of an AU or potentially the repo man coming. I guess I just figured it wouldn't have happened so "early" on for me, when I've only added about 8 AU's total since starting tradelines.

Have some of you been doing this for a long time and despite adding lots of AU's (50-75+ etc) never had this experience I had?
I honestly don't mind the repo man so much but my wife did. She isn't too thrilled about this happening in the future over and over.

I'm just trying to gauge other's experiences if this is a fairly common thing or if our repo man experience is the exception and not the rule.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on June 05, 2021, 06:12:19 AM
Today my wife told me a tow truck showed up to our driveway, and the driver was asking for somebody who doesn't live at our house (she had no clue who the person was, but when she told me the story later I recognized the name as somebody I added as an AU). They said the bank sent them to repo the guy's BMW.

(I just started selling tradelines about 8 months ago, cautiously only adding 1 AU to 2 different cards. Maybe I'm being too cautious and could have been adding more than 1 slot to the cards but I was/am just "getting my feet wet" to see how this works.)

Ironically, the repo man was looking for one of my newest AU's that I just added 29 days ago, so he's still an active AU.

Question for those of you that have been selling tradelines for some time:

Is it fairly common/normal to have creditors show up to your door, asking for the name of ______ (insert AU/tradeliine sale)? I was fully aware this could happen, as I read stories on this thread previously that you can expect a call from a creditor asking for the name of an AU or potentially the repo man coming. I guess I just figured it wouldn't have happened so "early" on for me, when I've only added about 8 AU's total since starting tradelines.

Have some of you been doing this for a long time and despite adding lots of AU's (50-75+ etc) never had this experience I had?
I honestly don't mind the repo man so much but my wife did. She isn't too thrilled about this happening in the future over and over.

I'm just trying to gauge other's experiences if this is a fairly common thing or if our repo man experience is the exception and not the rule.

A few years ago, someone showed up at my door, flashed a badge, and told me he was from the States Attorney’s office. He had some paperwork and was looking for someone. He asked me if I knew this person and showed me a photo. I said I didn’t know him and that it was not the previous owner, but possibly an old tenant. After he left I went straight to my AU list and found this person was a previous AU on one of my cards.

A way to prevent this might be to use a different address on your cards, like a UPS mailbox address.

I think these are just the risks and inconveniences that go along with this business. Sorry to hear about the repo man - that could be embarrassing!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 05, 2021, 09:25:57 AM
I've been selling TL's for nearly five years and during most of that time have had 5 to 10 slots available.

I've had a repo man show up once.  I told him X didn't live here and never has.  Repo man shrugged and left.  I got the impression that repo men are used to this kind of thing happening.

What is far more common is to receive mail for AUs.  I think the best thing to do with AU mail is to write "Not at this address / return to sender", which in theory will remove the AU / address linkage in the sender's system.

But if it unnerves your spouse, then I think that's definitely something to consider when deciding how much and/or whether or not to continue doing this.  It's not worth it for everyone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on June 05, 2021, 09:28:30 AM
Today my wife told me a tow truck showed up to our driveway, and the driver was asking for somebody who doesn't live at our house (she had no clue who the person was, but when she told me the story later I recognized the name as somebody I added as an AU). They said the bank sent them to repo the guy's BMW.

(I just started selling tradelines about 8 months ago, cautiously only adding 1 AU to 2 different cards. Maybe I'm being too cautious and could have been adding more than 1 slot to the cards but I was/am just "getting my feet wet" to see how this works.)

Ironically, the repo man was looking for one of my newest AU's that I just added 29 days ago, so he's still an active AU.

Question for those of you that have been selling tradelines for some time:

Is it fairly common/normal to have creditors show up to your door, asking for the name of ______ (insert AU/tradeliine sale)? I was fully aware this could happen, as I read stories on this thread previously that you can expect a call from a creditor asking for the name of an AU or potentially the repo man coming. I guess I just figured it wouldn't have happened so "early" on for me, when I've only added about 8 AU's total since starting tradelines.

Have some of you been doing this for a long time and despite adding lots of AU's (50-75+ etc) never had this experience I had?
I honestly don't mind the repo man so much but my wife did. She isn't too thrilled about this happening in the future over and over.

I'm just trying to gauge other's experiences if this is a fairly common thing or if our repo man experience is the exception and not the rule.

A few years ago, someone showed up at my door, flashed a badge, and told me he was from the States Attorney’s office. He had some paperwork and was looking for someone. He asked me if I knew this person and showed me a photo. I said I didn’t know him and that it was not the previous owner, but possibly an old tenant. After he left I went straight to my AU list and found this person was a previous AU on one of my cards.

A way to prevent this might be to use a different address on your cards, like a UPS mailbox address.

I think these are just the risks and inconveniences that go along with this business. Sorry to hear about the repo man - that could be embarrassing!
But it gives the neighbors something to talk about especially when they leave empty handed.  LOL

After reading this thread and asking questions, we now have a PO Box for CC.  Seems like a good thing to do if you are concerned.  I just got the first message from a CC saying the AU's card was returned after being sent to the PO Box.  Well after fielding a lot of mail for the previous tenants of the PO Box, this was a surprise.  C'est la vie.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PVkcin on June 05, 2021, 10:17:21 AM
Today my wife told me a tow truck showed up to our driveway, and the driver was asking for somebody who doesn't live at our house (she had no clue who the person was, but when she told me the story later I recognized the name as somebody I added as an AU). They said the bank sent them to repo the guy's BMW.

(I just started selling tradelines about 8 months ago, cautiously only adding 1 AU to 2 different cards. Maybe I'm being too cautious and could have been adding more than 1 slot to the cards but I was/am just "getting my feet wet" to see how this works.)

Ironically, the repo man was looking for one of my newest AU's that I just added 29 days ago, so he's still an active AU.

Question for those of you that have been selling tradelines for some time:

Is it fairly common/normal to have creditors show up to your door, asking for the name of ______ (insert AU/tradeliine sale)? I was fully aware this could happen, as I read stories on this thread previously that you can expect a call from a creditor asking for the name of an AU or potentially the repo man coming. I guess I just figured it wouldn't have happened so "early" on for me, when I've only added about 8 AU's total since starting tradelines.

Have some of you been doing this for a long time and despite adding lots of AU's (50-75+ etc) never had this experience I had?
I honestly don't mind the repo man so much but my wife did. She isn't too thrilled about this happening in the future over and over.

I'm just trying to gauge other's experiences if this is a fairly common thing or if our repo man experience is the exception and not the rule.

A few years ago, someone showed up at my door, flashed a badge, and told me he was from the States Attorney’s office. He had some paperwork and was looking for someone. He asked me if I knew this person and showed me a photo. I said I didn’t know him and that it was not the previous owner, but possibly an old tenant. After he left I went straight to my AU list and found this person was a previous AU on one of my cards.

A way to prevent this might be to use a different address on your cards, like a UPS mailbox address.

I think these are just the risks and inconveniences that go along with this business. Sorry to hear about the repo man - that could be embarrassing!
But it gives the neighbors something to talk about especially when they leave empty handed.  LOL

After reading this thread and asking questions, we now have a PO Box for CC.  Seems like a good thing to do if you are concerned.  I just got the first message from a CC saying the AU's card was returned after being sent to the PO Box.  Well after fielding a lot of mail for the previous tenants of the PO Box, this was a surprise.  C'est la vie.


Thanks for your responses. The AU happened to be added to my capital one (quicksilver) card. He's only my 2nd or 3rd add to capital one, but I realize that when I add an AU to my capital one card, it doesn't allow me to put in an address. So even though the trade-line company gives me the AU address, when I add on cap one there's nowhere to change the address. But once I get to the confirmation page (after adding the AU), it lists the AU info but with my address (on file with cap one).

When I add an AU to my discover account, I can put their address.

Regarding the PO Box - so that may not help with my capital one account, unless I change my personal address with capital one to the PO box (?).  Anyone notice this with their capital one accounts - they can't change the address to the AU address or a PO box, etc?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 05, 2021, 10:41:57 AM
Thanks for your responses. The AU happened to be added to my capital one (quicksilver) card. He's only my 2nd or 3rd add to capital one, but I realize that when I add an AU to my capital one card, it doesn't allow me to put in an address. So even though the trade-line company gives me the AU address, when I add on cap one there's nowhere to change the address. But once I get to the confirmation page (after adding the AU), it lists the AU info but with my address (on file with cap one).

When I add an AU to my discover account, I can put their address.

Regarding the PO Box - so that may not help with my capital one account, unless I change my personal address with capital one to the PO box (?).  Anyone notice this with their capital one accounts - they can't change the address to the AU address or a PO box, etc?

Yeah, the idea is you get the PO box, change your address on your TL credit cards to the PO box, and then the repo men are stymied - they probably won't show up to the PO box, and even if they do, they won't be bothering your wife.  It works for some people.

Some CC companies accept an AU address, some don't.  Generally the credit reporting agencies can match a tradeline to a person with three pieces of information out of the following:  name, address, SSN, and DOB.

What you're seeing is totally normal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on June 05, 2021, 12:31:22 PM
Regarding the PO Box - so that may not help with my capital one account, unless I change my personal address with capital one to the PO box (?).  Anyone notice this with their capital one accounts - they can't change the address to the AU address or a PO box, etc?
True.  I changed my address to the PO Box with the banks.  With a new zip code which still gets me at the cash registers. 

To apply for new cards, they want your physical address.  I then have to add a mailing address to the account for a couple. 

It also pays to shop around (easy with the online portal) for the PO Boxes.  The one that delivers my mail was out of the way and more expensive than the PO by work.  And the one farther away from town (same distance from where I live to the town PO) was half the cost.  I chose convenience and got one close to work.  Easy to check once a week.

This cost can be deducted from income as part of a business expense.  I'll figure this one out next year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 07, 2021, 09:22:33 AM
Really interesting about the repo guy. I've never had that, though have had mail/phone calls for former AUs (put back in mail as return to sender and tell them wrong number, respectively).

Someone just messaged me this story about selling AUs on their USAA card, and asked me to post anonymously.

Quote
A few years ago, I was doing well selling tradelines on cards from a number of issuers, including two on USAA CCs.  One day,  USAA's fraud department calls me and asks me, do I know these two people, why am I giving them USAA memberships?

I replied that I knew these people through a mutual friend.  USAA said, you're lying, we know that you sold tradelines because we called these two AUs and they spilled the beans.  Why are you giving them USAA memberships?

I replied - I don't have anything to do with USAA memberships - that's USAA's job.  I simply added them as AUs on my credit cards.  A long back-and-forth followed, with USAA accusing me of bank fraud.  At the end of our exchange, the rep stated that USAA had decided, under the circumstances, to end their relationship with me.

This was a frightening prospect, because I've been a customer for 30 years and use many of their other products extensively:  for instance, my checking account with them is my primary account for my paycheck and all my bills, plus I have auto insurance through USAA.  Furthermore, at the time, I was helping my own children build their credit and had added them as AUs on my USAA cards (USAA did not object to me adding my children or other relatives as AUs).

I outlined why the relationship was important to me, and said that I would not have sold the tradelines had I known that doing so would place our entire relationship at risk.  Would USAA reconsider in exchange for my promise not to sell any more AUs on USAA cards?  The rep agreed after giving me a stern warning.

They said it happened a few years ago. Good to know, if you sell USAA lines. I believe @secondcor521 also got a warning call from USAA a few years ago and stopped selling tradelines with them to not jeopardize that relationship. So beware if you sell AU lines on USAA, they do monitor and will shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 07, 2021, 10:25:47 AM
They said it happened a few years ago. Good to know, if you sell USAA lines. I believe @secondcor521 also got a warning call from USAA a few years ago and stopped selling tradelines with them to not jeopardize that relationship. So beware if you sell AU lines on USAA, they do monitor and will shut down.

Your memory is correct.  My USAA fraud guy was nice rather than stern, but the message was the same:  "USAA doesn't like this behavior.  Knock it off or we'll boot you."  I accepted their business stance and stopped selling my USAA card.  Like the other poster, I have significant business with USAA that I don't want to jeopardize.  So I don't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 07, 2021, 12:28:25 PM
I've always considered any card I put an AU on to be pre-burned.  The closest I come to (I care at all) is one where it's an older credit line.  But I have 2 cards from them getting AUs, so what the heck.

Cards I regularly use are not included in the AU gravy train.  It's bad enough when DW pays for parking and doesn't get the card back, forcing me to get a new card and change all the auto payments.  Not interested in having a card killed, not knowing about it and going 2 weeks before the letter gets to my house, like when BOA cancelled all 3 of my cards at once.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 09, 2021, 04:35:50 AM
Really interesting about the repo guy. I've never had that, though have had mail/phone calls for former AUs (put back in mail as return to sender and tell them wrong number, respectively).

Someone just messaged me this story about selling AUs on their USAA card, and asked me to post anonymously.

Quote
A few years ago, I was doing well selling tradelines on cards from a number of issuers, including two on USAA CCs.  One day,  USAA's fraud department calls me and asks me, do I know these two people, why am I giving them USAA memberships?

I replied that I knew these people through a mutual friend.  USAA said, you're lying, we know that you sold tradelines because we called these two AUs and they spilled the beans.  Why are you giving them USAA memberships?

I replied - I don't have anything to do with USAA memberships - that's USAA's job.  I simply added them as AUs on my credit cards.  A long back-and-forth followed, with USAA accusing me of bank fraud.  At the end of our exchange, the rep stated that USAA had decided, under the circumstances, to end their relationship with me.

This was a frightening prospect, because I've been a customer for 30 years and use many of their other products extensively:  for instance, my checking account with them is my primary account for my paycheck and all my bills, plus I have auto insurance through USAA.  Furthermore, at the time, I was helping my own children build their credit and had added them as AUs on my USAA cards (USAA did not object to me adding my children or other relatives as AUs).

I outlined why the relationship was important to me, and said that I would not have sold the tradelines had I known that doing so would place our entire relationship at risk.  Would USAA reconsider in exchange for my promise not to sell any more AUs on USAA cards?  The rep agreed after giving me a stern warning.

They said it happened a few years ago. Good to know, if you sell USAA lines. I believe @secondcor521 also got a warning call from USAA a few years ago and stopped selling tradelines with them to not jeopardize that relationship. So beware if you sell AU lines on USAA, they do monitor and will shut down.

You can add me to this list with USAA as well. Sold tradelines on 1 card for about 3 years before I received a phone call. I merely got a warning and was essentially told to stop doing it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: anonymouscow on June 09, 2021, 08:52:14 PM
Question about Citibank. I used to sell tradelines on one of their cards and had to spell out all the AU details over the phone every time. Then sometimes i was transfered to another department to check my identity etc. Also there was no option to opt out of receiving a physical card for the AU. That was a couple of years ago. Is it still the same or got better or worse? Is it even worth using Citibank cards for tradelines?

I do tradelines with a Citi card. You can add them online but you have to call in to add the AU’s SSN.

It is a little bit of a pain because it’s a wait to talk to someone, they have to transfer you, and I am pretty sure the call center is in India or somewhere like that, but it’s nothing too difficult.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 09, 2021, 09:51:37 PM
Strange.  I just started selling AU slots on my one Citi personal card with Old Company.  There's a place for me in the Citi online portal to add AUs, and I'm pretty sure I used that and didn't call it in.

Let us know if these have been posting for you. I would love to skip the phone call, but when I started selling Citi 2 years ago, I would use the online portal to add, but there is no place for the SSN. None of the AUs I added via the Citi online portal ever posted. 0% success rate. Other banks don't ask for the SSN but still post. This has not worked for me with Citi.

Followup:

I added an AU to my Citi card on 3/9 via the online portal.  I did *not* call in to add SSN.  Made purchases 3/9 and 4/6.  Received and activated card 3/15.  Received payment 4/30.  Removed AU and destroyed card 5/5.

In the online portal, it does not show "Posted" in green like the others.  But I got paid as usual and got no feedback or emails from the TL company.

I doubt it matters, but it's a basic Citi Rewards Plus MasterCard a bit over two years old.

So from my point of view, it worked.  Of course, this is a sample size of 1.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 10, 2021, 06:45:45 AM
For me, the old company online portal shows almost random information.  Especially at the top, where it'll say 1/2 spots sold, but looking down at each sold tradeline, I have 4 of them still active.  Meh, the money hits my checking account every month, so I don't really care.  Some of the AUs never show the green "posted" and I get paid and the date comes to remove, I wait at least a day, then remove.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mesmoiselle on June 14, 2021, 02:00:40 PM
I'm new to this although I'm known about it a while. Cap1 sent me an automated emailed confirming the add of an AU, so I forwarded that and done. I just added an AU to my Chase card and nothing. So I call and even confirm the name was added, and they say yes it was. But I can't find a list of my AU on the chase CC website anywhere. I've used the Chase search bar as well as tried asking the question in various confirmations on Google. Anyone selling Chase lines throw me a bone on where to screen shot said list?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 14, 2021, 04:26:23 PM
I'm new to this although I'm known about it a while. Cap1 sent me an automated emailed confirming the add of an AU, so I forwarded that and done. I just added an AU to my Chase card and nothing. So I call and even confirm the name was added, and they say yes it was. But I can't find a list of my AU on the chase CC website anywhere. I've used the Chase search bar as well as tried asking the question in various confirmations on Google. Anyone selling Chase lines throw me a bone on where to screen shot said list?

I'm fairly certain it doesn't exist.

What I do is always request a card, make sure it's going to my address (which it always has), and make sure I receive the card in the AUs name (usually takes about a week, although Chase could maybe expedite it for a fee).  I keep the card until I remove the AU, then I shred it.

And I have columns in my spreadsheet for all the above ("Added AU", "Received card", "Activated card", "Removed AU", "Shredded card" etc), so I can always tell the state of any AU at any given point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mesmoiselle on June 15, 2021, 07:58:26 AM
And I have columns in my spreadsheet for all the above ("Added AU", "Received card", "Activated card", "Removed AU", "Shredded card" etc), so I can always tell the state of any AU at any given point.

Cool idea, I just made one. I added a column "got paid for it" as well :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 15, 2021, 09:23:13 AM
Lots of cards have online add sections but no place to see the AUs on your account and no place to remove AUs from online.  I'd say 2/3 of my cards are this way or completely call-in.  If you're doing all Barclays, cap one and Discover, you'll get spoiled, then have to deal with USBank who you need to call to cancel and they randomly tell you that you have to send them the AU's card for them to destroy.  I have found that even if I don't, they don't follow up, so those cards that went into my wood stove aren't keeping me from adding another AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 15, 2021, 02:51:47 PM
Lots of cards have online add sections but no place to see the AUs on your account and no place to remove AUs from online.  I'd say 2/3 of my cards are this way or completely call-in.  If you're doing all Barclays, cap one and Discover, you'll get spoiled, then have to deal with USBank who you need to call to cancel and they randomly tell you that you have to send them the AU's card for them to destroy.  I have found that even if I don't, they don't follow up, so those cards that went into my wood stove aren't keeping me from adding another AU.

I send DMs to cancel at USBank, and that worked fine.  Well it did before they canceled all my cards due to piggybacking.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on June 18, 2021, 01:07:18 PM
Curious but is it possible to sign up with multiple card companies to 'increase' your odds of getting a sale on an AU? And if you get two or more sales you can just choose whichever you want to go with at the time?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 18, 2021, 03:34:29 PM
Curious but is it possible to sign up with multiple card companies to 'increase' your odds of getting a sale on an AU? And if you get two or more sales you can just choose whichever you want to go with at the time?

It's against the terms and conditions of the TL companies.  You generally tell them how many slots per card you want to do, and if they think they have an available slot to sell on your card, they'll sell it and expect you to fulfil the order.  If you're not able to because you've already sold those slots via another TL company and decline to fulfil the order, then the AU will be dissatisfied and that TL company will get annoyed at you.  The TL companies reserve the right to terminate their relationship with you if you are unable to fulfil the orders.

So yeah, you can do what you're suggesting and it'll increase your odds of getting sales, but it will also increase the chances that you are oversold, will have to decline an order, and then get unenrolled by the affected TL company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on June 18, 2021, 10:09:40 PM
Curious but is it possible to sign up with multiple card companies to 'increase' your odds of getting a sale on an AU? And if you get two or more sales you can just choose whichever you want to go with at the time?

It's against the terms and conditions of the TL companies.  You generally tell them how many slots per card you want to do, and if they think they have an available slot to sell on your card, they'll sell it and expect you to fulfil the order.  If you're not able to because you've already sold those slots via another TL company and decline to fulfil the order, then the AU will be dissatisfied and that TL company will get annoyed at you.  The TL companies reserve the right to terminate their relationship with you if you are unable to fulfil the orders.

So yeah, you can do what you're suggesting and it'll increase your odds of getting sales, but it will also increase the chances that you are oversold, will have to decline an order, and then get unenrolled by the affected TL company.

+1

read your agreement with your TL companies, and if they say you can't do this, don't do it.

Regardless of whether it violates the terms or not, you shouldn't do it. When you enroll your cards with a company, you are communicating to them and their customers that you have available slots to sell. When you get an order, then someone has already purchased your slot. If you can't fulfill your order, then the tradeline company is put in a tough spot where they need to find another slot ASAP, or refund their customer and leave them with a bad experience.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on June 19, 2021, 10:44:23 PM
Curious but is it possible to sign up with multiple card companies to 'increase' your odds of getting a sale on an AU? And if you get two or more sales you can just choose whichever you want to go with at the time?

In addition to what's been said above, "in theory" the tradeline companies have data on how to avoid triggering the credit card companies from closing your account for misuse. They might know that if you don't change AUs more than, like, 10 times a year with ABC Bank, then your account won't get flagged and they'll only send you 9 sales on the card in the year. By double-dipping you might go from 'just under the radar' to 'double above the limits' and burn a card that could have earned more.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 20, 2021, 09:02:09 PM
Looking for some guidance...

I have a few barclay cards that are selling out consistently lately at 2 spots each.  I am wondering if I should increase the # of AU slots from 2 to 3 or possibly even 4.  The only downside I can think of is that I will hit the max AU limit faster on each card.

Any thoughts?  Thanks in advance!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 21, 2021, 12:20:28 AM
Looking for some guidance...

I have a few barclay cards that are selling out consistently lately at 2 spots each.  I am wondering if I should increase the # of AU slots from 2 to 3 or possibly even 4.  The only downside I can think of is that I will hit the max AU limit faster on each card.

Any thoughts?  Thanks in advance!

The other main downside is that you may risk increasing your risk of card closure.  And I can tell you from personal experience that if you have a card closed on you with, say, 3 or 4 AUs on there, then you don't get paid for any of them, and it's a moderately major hassle for you and the TL company to deal with.

I personally just set my AU slots to whatever the company recommends.  Occasionally they have asked me to go one additional slot (they had a bug in their scheduling at one point where they were overbooking cards), and generally I've declined.

There is an old phrase "Pigs get fat, hogs get slaughtered" that people might apply here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on June 21, 2021, 04:21:09 AM
So I totally agree that you always run the risk of a shutdown but I list with two companies and they’re both great about telling me when I should be cautious or not.

For instance I have sold over 10 Amex spots some recent months and my Barclays has 13 spots taken right now BUT the same TL companies have told me not to even sell one BofA slot now because of the risks of shutdowns.  Having some flexibility between the two companies has made me money but of course ymmv. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 21, 2021, 08:53:07 AM
Looking for some guidance...

I have a few barclay cards that are selling out consistently lately at 2 spots each.  I am wondering if I should increase the # of AU slots from 2 to 3 or possibly even 4.  The only downside I can think of is that I will hit the max AU limit faster on each card.

Any thoughts?  Thanks in advance!

How did you get a few barclaycards with high enough credit lines to use them for TL sales? I have three cards but can use only one of them for TLs because the total credit limit is quite low and even if they approve an application for a new card they'll just assign a very small credit line. They probably have a relatively low limit on the total credit line per customer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on June 21, 2021, 08:59:00 AM
Barclays is inquiry sensitive.  So if you've applied for a lot of cards and then theirs you're not going to get much for them.  If you haven't applied in a while and don't have anything with them you have a better chance.

The conversation with a credit analyst can sometimes work "I want to make this my primary card but the CL is so much lower than my other cards, is there anything I can do... thinking I might just cancel because it's not enough."  If you have a good score they'll work with you... but you may also want to use your credit with them as well.  If you have a 5k limit (and no TL spots on it now) and charge 3k and pay it all off you're signaling you're a good risk.  If you never use it and want a higher CL, ain't going to happen. 

They're tougher than other companies but if you use a card that you have and know they're inquiry sensitive you can be okay.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on June 21, 2021, 03:05:44 PM
Looking for some guidance...

I have a few barclay cards that are selling out consistently lately at 2 spots each.  I am wondering if I should increase the # of AU slots from 2 to 3 or possibly even 4.  The only downside I can think of is that I will hit the max AU limit faster on each card.

Any thoughts?  Thanks in advance!
YMMV, but I have had no issue selling 4 slots every single month on my Barclays card. Yes you will reach your AU limit much more quickly, but there’s no reason to save them for later unless you are still seasoning them.

After 46 AUs, my Barclays card has finally hit its AU limit. I’m trying to reset my card number as we speak, but if that doesn’t reset the AU limit, I’ll reallocate the limit to a different card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on June 22, 2021, 05:22:51 PM
My Barclays card with $19k limit sold 2 slots consistently ($125 for each sale). I asked Barclays for an increase of $9k. After a hard pull, they approved only a $2500 bump. So theoretically I’ll now get $175 per sale, but I haven’t had one yet. I probably should have left it at $19k.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on June 22, 2021, 11:18:35 PM
I've left my Chase cards untouched for sales but is there any risk of closure if I add one family member to several of my Chase cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 23, 2021, 12:12:23 AM
I've left my Chase cards untouched for sales but is there any risk of closure if I add one family member to several of my Chase cards?

That seems unlikely (especially if they have the same last name), that's generally the purpose of adding authorized users.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on June 23, 2021, 12:18:51 AM
Thanks, ARS! And by adding that one person to multiple cards, does that boost their score even more, or does it just become marginal improvement per card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 23, 2021, 05:18:45 AM
My Barclays card with $19k limit sold 2 slots consistently ($125 for each sale). I asked Barclays for an increase of $9k. After a hard pull, they approved only a $2500 bump. So theoretically I’ll now get $175 per sale, but I haven’t had one yet. I probably should have left it at $19k.

It's certainly possible as I'm guessing it put your card into another level. My spouse and I have the same Barclaycard opened at roughly the same time. She has a higher limit and sells less spots pretty consistently. I have no intentions of reducing her CL though as she is still selling slots. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on June 23, 2021, 09:48:33 AM
Thanks, ARS! And by adding that one person to multiple cards, does that boost their score even more, or does it just become marginal improvement per card?
https://www.doctorofcredit.com/how-does-being-an-authorized-user-affect-your-credit/
If I Add Somebody As An Authorized User, Will Their Score Go Up?
If you have a good credit history on that card (pay the credit card statement on time, have a low credit utilization and it’s an old card) then it will be beneficial. The opposite is also true though, if you have bad history (never pay on time, have a high credit utilization ratio and it’s a new card) then it will be detrimental to their credit. If you’re unable to be somebody and have them count as an authorized user, then it’s best for them to get a secured credit card to help build their credit history. This is true for the FICO score only, vantageScore doesn’t include authorized user data in their scoring process.

The cards are only a small portion of a FICO calculation and there are a lot of factors.  Lots of information from the credit monitoring sites that you can reference.  It improves only if they have little to no credit history and the bad things aren't killing the score.

So with little information, maybe.  What does their history look like today?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 23, 2021, 09:26:23 PM
Looking for some guidance...

I have a few barclay cards that are selling out consistently lately at 2 spots each.  I am wondering if I should increase the # of AU slots from 2 to 3 or possibly even 4.  The only downside I can think of is that I will hit the max AU limit faster on each card.

Any thoughts?  Thanks in advance!

How did you get a few barclaycards with high enough credit lines to use them for TL sales? I have three cards but can use only one of them for TLs because the total credit limit is quite low and even if they approve an application for a new card they'll just assign a very small credit line. They probably have a relatively low limit on the total credit line per customer.

Time, I suppose, mainly.  5 cards between 2 people (Application for my dog was denied - ha!)  One hit the AU limit, so I moved some of that CL to one of the others.

I am not sure of total credit line per customer.  That's a good question.  Looks like $44K for one and $31K for the other.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 23, 2021, 09:28:40 PM
Looking for some guidance...

I have a few barclay cards that are selling out consistently lately at 2 spots each.  I am wondering if I should increase the # of AU slots from 2 to 3 or possibly even 4.  The only downside I can think of is that I will hit the max AU limit faster on each card.

Any thoughts?  Thanks in advance!

The other main downside is that you may risk increasing your risk of card closure.  And I can tell you from personal experience that if you have a card closed on you with, say, 3 or 4 AUs on there, then you don't get paid for any of them, and it's a moderately major hassle for you and the TL company to deal with.

I personally just set my AU slots to whatever the company recommends.  Occasionally they have asked me to go one additional slot (they had a bug in their scheduling at one point where they were overbooking cards), and generally I've declined.

There is an old phrase "Pigs get fat, hogs get slaughtered" that people might apply here.

Thanks @secondcor521 and everyone else for chiming in on my question.

Interestingly enough, old co doesn't have a recommendation...  they did advise max is 5 for barclays.  I may increase a couple of cards to 3 and see how it goes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 24, 2021, 07:54:17 AM
Looking for some guidance...

I have a few barclay cards that are selling out consistently lately at 2 spots each.  I am wondering if I should increase the # of AU slots from 2 to 3 or possibly even 4.  The only downside I can think of is that I will hit the max AU limit faster on each card.

Any thoughts?  Thanks in advance!

The other main downside is that you may risk increasing your risk of card closure.  And I can tell you from personal experience that if you have a card closed on you with, say, 3 or 4 AUs on there, then you don't get paid for any of them, and it's a moderately major hassle for you and the TL company to deal with.

I personally just set my AU slots to whatever the company recommends.  Occasionally they have asked me to go one additional slot (they had a bug in their scheduling at one point where they were overbooking cards), and generally I've declined.

There is an old phrase "Pigs get fat, hogs get slaughtered" that people might apply here.

Thanks @secondcor521 and everyone else for chiming in on my question.

Interestingly enough, old co doesn't have a recommendation...  they did advise max is 5 for barclays.  I may increase a couple of cards to 3 and see how it goes.

Sure.  Well, remember that it all goes well until it doesn't.  The CC companies seem to generally just shut you down without warning (USAA being the apparent exception).  And AFAIK there is no appeal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on June 24, 2021, 02:02:49 PM
Looking for some guidance...

I have a few barclay cards that are selling out consistently lately at 2 spots each.  I am wondering if I should increase the # of AU slots from 2 to 3 or possibly even 4.  The only downside I can think of is that I will hit the max AU limit faster on each card.

Any thoughts?  Thanks in advance!

The other main downside is that you may risk increasing your risk of card closure.  And I can tell you from personal experience that if you have a card closed on you with, say, 3 or 4 AUs on there, then you don't get paid for any of them, and it's a moderately major hassle for you and the TL company to deal with.

I personally just set my AU slots to whatever the company recommends.  Occasionally they have asked me to go one additional slot (they had a bug in their scheduling at one point where they were overbooking cards), and generally I've declined.

There is an old phrase "Pigs get fat, hogs get slaughtered" that people might apply here.

Thanks @secondcor521 and everyone else for chiming in on my question.

Interestingly enough, old co doesn't have a recommendation...  they did advise max is 5 for barclays.  I may increase a couple of cards to 3 and see how it goes.

Sure.  Well, remember that it all goes well until it doesn't.  The CC companies seem to generally just shut you down without warning (USAA being the apparent exception).  And AFAIK there is no appeal.

For the record, I have never heard of Barclay closing down an account for AU activity. Ever.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on June 24, 2021, 02:07:28 PM
And FWIW I've added 14 to my Barclays card and 20 to my Amex between two TL companies in the last two and a half months.  Outside of Barclays hard lifetime cap and Amex's 100 per year rule, why not?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 24, 2021, 02:19:09 PM
After hearing so many people extol Barclay's I think I'll get one. Is there one Barclay card that is the best right now? Does anyone want to send me a referral link?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on June 24, 2021, 02:25:11 PM
they don't do referrals like Chase for links that reward someone else AFAIK.  The JetBlue card had a great offer that's since expired when it was 100k.  The AA and some other travel cards  (depending what you'll use) have compelling valuations now and the AARP cards have decent rewards if you want to use it for spending while it seasons.   Over time they've had some great offers that went away (uber, arrival+) but they want to be a player in the US.



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on June 28, 2021, 05:57:50 PM
With Old Companies latest email about Disc limiting AU to 7 per year, what happens if you hit that?  Do they kick off the AUs?

With Barclays, I received a card in December and applied for another in March and was just granted it after proving I am indeed me.  Having said that, the credit score took a nosedive due to all the cards.  I have a pile seasoning and after 6 months of research, I think I understand churning.  I don't understand how you get huge credit limits though.  Any thoughts to be shared?  Thank you
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 28, 2021, 07:37:38 PM
How do you get your limits up to $30K?  I have a handful of cards and a 750 credit score and my highest limit is I think 15 or 20K. One is 10K and the rest only 5K or less. I use the cards for small purchases and have them all on autopay.  I think my Bank of America card is $1,000! I ask for increases and am either denied or they say that based on my use they don't think I need an increase.  How often do you request an increase and how? Do you call or go online?


I think there are many factors that go into it, including how much total credit you have, income, debt and housing payments, and how much you are using the credit you already have.

I only have anecdotal evidence, but i've found that the premium cards with annual fees are the ones that give really high limits. I only have 2 cards with 30K+ limits and both were cards that had annual fees. What you could try is to get the annual fee waived, or product change the card after getting approved for the high limit.

Look for "visa signature" credit cards.  Some have fees but some do not as I recall.  They require a higher limit to be issued.

Quoting myself since folks are asking about how to get higher credit limits.

Hope this helps!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 28, 2021, 07:42:13 PM
I don't understand how you get huge credit limits though.  Any thoughts to be shared?  Thank you

1.  Excellent credit history.  Excellent means long, varied, and flawless.
2.  High household income.  Most CC companies limit total exposure to some percentage of your household income.
3.  High usage can help.
4.  You can sometimes get there over time by piecemealing small credit limit increases, but this is a slow slog.
5.  A bit of a catch-22, but high limits with other issuers can help.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on June 28, 2021, 07:55:48 PM
Thank you.  I did read the whole thread over the course of a couple of weeks and that still slipped through.  Makes sense.  Slow slog it is.  Getting high usage will be a challenge trying to attack this many at once with household expenses.  Cheers

PS - I still want the magic that makes it happen all at once.  ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on June 28, 2021, 09:19:43 PM
as quoted above, i have 2 cards with over $30K limits. (I used to have 3, but alas got one shut down). All of them either still have an annual fee, or initially had an annual fee before I downgraded the card.

I think something about having cards with an annual fee somehow makes the card issuers more ok with giving higher limits.

If you are not cool with the annual fees, look for something that can be downgraded to a no fee version after your initial approval.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on June 29, 2021, 10:24:05 AM
If you're filing a Schedule C for your tradeline income any annual credit card fees are a fully deductible expense. So $80/year is a small price to pay if it lets you earn $175 instead of $125 per sale since they're more willing to offer higher limits.

Anecdotally my highest limit is $22k on a card with an annual fee. The rest of my cards are between $10k and $20k limits and only one of those has a fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 29, 2021, 11:56:30 AM
as quoted above, i have 2 cards with over $30K limits. (I used to have 3, but alas got one shut down). All of them either still have an annual fee, or initially had an annual fee before I downgraded the card.

I think something about having cards with an annual fee somehow makes the card issuers more ok with giving higher limits.

If you are not cool with the annual fees, look for something that can be downgraded to a no fee version after your initial approval.

MoneyTree brings up a good point...  I am pretty sure that my spouse's credit limits started going up after getting a 'premium' card from Chase.  It was Chase Sapphire Reserve or Preferred.  That CL was significantly higher than her other CL's (she has great credit).  After that card, future cards were typically higher as well.

Hope this helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on June 29, 2021, 12:43:07 PM
Anyone else having issues with Barclay card orders being cancelled? I have had 3 now in the past two weeks that only reported to one of the three credit agencies, resulting in the customer receiving a refund. This is particularly frustrating as this is my highest earning card ($250 per slot) and these users are still counting against my lifetime AU limit (which for me is around 28). The company I am working with has stated they have seen an increased number of Barclay cards only posting to one, so I've put the card on hold until I know more. Anyone else seeing this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 29, 2021, 01:36:56 PM
I had one Barclays order that didn't post recently (didn't report to all the three bureaus).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 29, 2021, 02:37:46 PM
No issues with Barclays for me (yet).  Had a successful add on 5/9/21.  A 6/9/21 add is still pending.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on June 29, 2021, 03:06:45 PM
re: Barclay... those of you having issues with Barclaycard posting, are you adding the AU via online or calling it in?

I was instructed to call it in every time to make sure the SSN was provided.  I have have added 8 over the last 6-7 months and never had an issue.... knock on wood.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on June 29, 2021, 03:46:05 PM
I had my first adds with new company this year—BoA and Citi. All have posted, and I’m now waiting on word to remove users. The BoA orders were back in Feb/Mar. Anyone know the typical timeline? Didn’t see anything in the docs they originally sent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 29, 2021, 03:52:21 PM
I had my first adds with new company this year—BoA and Citi. All have posted, and I’m now waiting on word to remove users. The BoA orders were back in Feb/Mar. Anyone know the typical timeline? Didn’t see anything in the docs they originally sent.

I think new company sends an email to you telling you when to remove.  Typical timeframe is 2 to 4 months.  Don't remove early or you risk not getting paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on June 29, 2021, 05:18:23 PM
I had my first adds with new company this year—BoA and Citi. All have posted, and I’m now waiting on word to remove users. The BoA orders were back in Feb/Mar. Anyone know the typical timeline? Didn’t see anything in the docs they originally sent.

I think new company sends an email to you telling you when to remove.  Typical timeframe is 2 to 4 months.  Don't remove early or you risk not getting paid.

Good to know! Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 29, 2021, 07:20:01 PM
re: Barclay... those of you having issues with Barclaycard posting, are you adding the AU via online or calling it in?

I was instructed to call it in every time to make sure the SSN was provided.  I have have added 8 over the last 6-7 months and never had an issue.... knock on wood.

Online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on June 30, 2021, 07:39:43 AM
re: Barclay... those of you having issues with Barclaycard posting, are you adding the AU via online or calling it in?

I was instructed to call it in every time to make sure the SSN was provided.  I have have added 8 over the last 6-7 months and never had an issue.... knock on wood.

Online.

Also online. I have always added users online with Barclay for well over two years, and I believe I may have had one user not post total in that time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 07, 2021, 06:54:27 AM
My discover card AU activity has been restricted.  I got a sale and when I go to add them I get this message:

"You've reached the maximum number of requests to add Authorized Users at this time.
You'll be able to add your next Authorized User on 08/21/2021 if you have fewer than 5 Authorized Users at that time."

I added 4 AU to this card in 2021 with the old company.  Prior to that I added 3 AU in 2020 with the new company.  Currently I have 1 AU still on the account.

I see that discover has a maximum of 5 simultaneous AU, but I don't see what the rules are for "maximum number of requests".  Anyone have any insight?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on July 07, 2021, 07:07:44 AM
My discover card AU activity has been restricted.  I got a sale and when I go to add them I get this message:

"You've reached the maximum number of requests to add Authorized Users at this time.
You'll be able to add your next Authorized User on 08/21/2021 if you have fewer than 5 Authorized Users at that time."

I added 4 AU to this card in 2021 with the old company.  Prior to that I added 3 AU in 2020 with the new company.  Currently I have 1 AU still on the account.

I see that discover has a maximum of 5 simultaneous AU, but I don't see what the rules are for "maximum number of requests".  Anyone have any insight?

I, as well as many others, started seeing that message last year. I actually put my Discover card on hold for a while. Just started adding AU's again but set the limit to 1. Not quite sure myself but I thought it had something to do with reaching max number of AUs over a period of time. Someone else may know more.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on July 07, 2021, 07:13:17 AM
With Old Companies latest email about Disc limiting AU to 7 per year, what happens if you hit that?  Do they kick off the AUs?

I am at 6 AU for 2021 on the first Discover card and put it on hold.  Just reached 5 for the second Discover but expect I'll reach 6 next month.

I don't know if this is calendar year or rolling 12 months.  Interested to hear.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 07, 2021, 07:25:20 AM
I added an AU to discover in May 2020, then added 2 more on 8-21-20.  I've had a total of 7, so excluding the one from May 2020 I've had 6 in the last year.  I would suspect it's not per calendar year since I've only added 4 in 2021. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on July 07, 2021, 10:49:10 AM
Yes, Discover cardholders started getting this message last year, but the exact rules have been unclear. For example, I had a message that I couldn't add AUs until December 2020, so I waited patiently for that time frame, and then when I go to add an AU in late December 2020, the message changed to say that I couldn't add AUs until June 2021!

Some people have reported that they were able to circumvent the restriction by calling in to add AUs, but I haven't tried that myself
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on July 07, 2021, 03:32:57 PM
Yes, Discover cardholders started getting this message last year, but the exact rules have been unclear. For example, I had a message that I couldn't add AUs until December 2020, so I waited patiently for that time frame, and then when I go to add an AU in late December 2020, the message changed to say that I couldn't add AUs until June 2021!

Some people have reported that they were able to circumvent the restriction by calling in to add AUs, but I haven't tried that myself

After reaching 7 AU in 2020, getting my AU access restricted, having my original date extended to January 2021 and placing my card on hold with the old company, I decided to log into my account back in May and discovered (ha) that I could add authorized users online once more.

June rolls around and I receive two AU add notifications. The first AU went through as expected but when I went to add the second AU I was greeted by the maximum authorized users have been added message. I almost gave up and was going to mark the AU as unable to add but recalled recent communication from the old company encouraging me to call in for adds even when receiving that message.

Lo and behold for the second AU I was able to call in and speak with a CSR (probably within five minutes of adding the first AU online). Gave the CSR name/address/dob/ssn, told them I did not want to receive a card at this time and that was it. Two Discover AUs were added in the same month (one online, one via phone). Please try calling in to add Discover authorized users rather than accepting defeat!

As an aside, I suspect Discover is using a rolling 12 month basis and not per calendar year to determine the maximum number of requests to add authorized users. YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 08, 2021, 01:16:14 PM
I added an AU to discover in May 2020, then added 2 more on 8-21-20.  I've had a total of 7, so excluding the one from May 2020 I've had 6 in the last year.

You added an AU in May of 2020, but when did you remove that AU? If it was still on the card on July 7th, then you have had 7 in the last 12 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 08, 2021, 01:22:03 PM

After reaching 7 AU in 2020, getting my AU access restricted,... in May and discovered (ha) that I could add authorized users online once more.

June rolls around and I receive two AU add notifications. The first AU went through as expected but when I went to add the second AU I was greeted by the maximum authorized users have been added message.

It looks to me like 7 is the limit in any rolling 12 month period.
You added 7 in 2020, got restricted.
You added 2 in 2021, got restricted. I wonder if you added 5 in the last half of 2020? (Between July and December 2020 would still be in your rolling 12-month period).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: stclurker on July 08, 2021, 01:45:45 PM
could someone message me the TL companies they use? I think I'd like to try getting in on this. ty
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on July 08, 2021, 01:47:04 PM
could someone message me the TL companies they use? I think I'd like to try getting in on this. ty

@arebelspy is who you want to talk to
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: stclurker on July 08, 2021, 01:53:22 PM
could someone message me the TL companies they use? I think I'd like to try getting in on this. ty

@arebelspy is who you want to talk to

thanks, I messaged him
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 08, 2021, 02:35:08 PM
I added an AU to discover in May 2020, then added 2 more on 8-21-20.  I've had a total of 7, so excluding the one from May 2020 I've had 6 in the last year.

You added an AU in May of 2020, but when did you remove that AU? If it was still on the card on July 7th, then you have had 7 in the last 12 months.

I guess that makes sense.  I don't remember when I removed them, but I do not think it was same day that I added 2 more AU (8-21-20).  Seems odds that I would be re-eligible to add AU on a date coinciding with when I previously added AU rather than when I removed them, if that is how they are calculating the roling totals. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 08, 2021, 06:02:21 PM
... (8-21-20).  Seems odds that I would be re-eligible to add AU on a date coinciding with when I previously added AU rather than when I removed them, if that is how they are calculating the roling totals.

You're right! How about this scenario:
2020: you added 1 in May, you got an order for 2 more on 8-21-20 and thought you'd better remove the May AU before adding 2 more. ? Is that possible. I have sometimes not removed someone exactly when I was supposed to, but when I got a new order on the card, I decide I'd better remove the old AU before adding the new one.

For Discover are you supposed to keep AUs on for 3 months? Or could it have been on for 3 months (even if you were theoretically supposed to remove after 2 months).

I agree with you that the removal date is probably the criteria for the count.

In that case, you added 3 in 2020 (May and August) and you added 4 in 2021, so that totals 7. You didn't remove anyone until August 21, 2020.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 08, 2021, 06:04:38 PM
When that single AU (the May 2020 person) drops off (has been removed for a year) on 8-21-21, I suspect you will only be allowed to add ONE AU.  Then when the 2 August 2020 people drop off, you will be allowed to add TWO Aus.

Please report back here so we can build the theory :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 08, 2021, 09:54:19 PM
The May 2020 AU was with the new company.  I do not remember specifically removing that AU. I always remove them when instructed, or shortly thereafter.  It's possible I left them on and didn't remove them until 8-21-20, though I try to take them off as soon as instructed.  I'm unsure if the TL will put my slot up for sale if it's still marked as occupied in the portal so I try to not leave the AU on any longer than necessary.     

I'll update when I can add AU again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 09, 2021, 08:52:34 AM
I have found that the new company is forgetful about things.  I've removed AUs who were in place for 8 months without any notice to remove them.  Oh, and they don't pay me unless I remind them that they forgot to.....last time, for a year and a half.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 09, 2021, 09:26:35 AM
I have found that the new company is forgetful about things.  I've removed AUs who were in place for 8 months without any notice to remove them.  Oh, and they don't pay me unless I remind them that they forgot to.....last time, for a year and a half.

That's why I stopped using the new company and transferred all my cards to the old company.  New company never paid me without me asking, and I had to get arebelspy involved to finally get that done.  It baffles me that they can be so organized that they can keep track of tradelines and make sales, but can't automate the payment process, or apparently have any kind of system at all to make payments without being nagged at for weeks on end.  Based on my experience and the countless other data points in this thread I'm inclined to believe it's malicious and not simply negligence.  Maybe they want to hold onto the money for an extra couple of months? Maybe they hope a percentage of people will simply forget about it and they get to not pay them at all for some sales? Or maybe they really are just grossly incompetent?  Whatever the case it's a shitty business practice and I definitely don't recommend using the new company. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on July 09, 2021, 02:27:48 PM
Just tried to add an AU on my Discover card and got this:

"We will notify you of a final decision in 3-5 days, but it can take up to 30 days if we need more information from you."

I see the AU on my list of AUs in Discover with "Pending" next to the name.

Ugh!!!  Now what!?  I guess I should try calling Discover and see if they can approve over the phone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on July 09, 2021, 02:48:43 PM
Decided to log back into Discover... it is updated now with

"In order to verify your authorized user, we'll need some additional documents. Please upload your documents below, or call us at 1-866-236-8431".

And next to the AU's name it says:
Required:  Proof of Address, SSN

So I guess we will try calling and maybe just have to provide the SSN number.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 09, 2021, 04:12:04 PM
Decided to log back into Discover... it is updated now with

"In order to verify your authorized user, we'll need some additional documents. Please upload your documents below, or call us at 1-866-236-8431".

And next to the AU's name it says:
Required:  Proof of Address, SSN

So I guess we will try calling and maybe just have to provide the SSN number.

I haven't had to do this yet, but my understanding is that the TL companies (at least the recommended ones on this thread) have that documentation and will provide it to you for this purpose if requested.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on July 09, 2021, 05:27:46 PM
Decided to log back into Discover... it is updated now with

"In order to verify your authorized user, we'll need some additional documents. Please upload your documents below, or call us at 1-866-236-8431".

And next to the AU's name it says:
Required:  Proof of Address, SSN

So I guess we will try calling and maybe just have to provide the SSN number.

I haven't had to do this yet, but my understanding is that the TL companies (at least the recommended ones on this thread) have that documentation and will provide it to you for this purpose if requested.

Yes, for Discover adds, those documents are always in Tradeline Master available for me to download.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on July 10, 2021, 01:18:55 PM
I just logged on to the Tradelinemaster with the old company and see my Barclays card is no longer listed. There is one current user (still listed in the order history) but the card listing itself is gone.

Obviously I’ll email them but in the meantime I’m wondering if anyone has seen this happen before?

Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on July 10, 2021, 02:01:32 PM
Sorta.  I put my Disc on hold and it disappeared from the screen on the next login, reappeared on the next and then disappeared again.  May be a glitch in the matrix?  I'm not worried.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 10, 2021, 04:00:09 PM
Yes, same here...  I reported it Thursday or Friday.  All of my cards except 1 disappeared.  I assume they broke something in the web site inadvertently and will fix it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 10, 2021, 04:31:17 PM
^ I think so.

My TradelineMaster had a number of old TLs that should not have been there.  I emailed the company and they said it was a glitch, they knew about it, and would have it fixed Real Soon Now.  I wouldn't worry about it unless it doesn't get fixed in the next week or so.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 12, 2021, 08:46:25 AM
I just logged on to the Tradelinemaster with the old company and see my Barclays card is no longer listed. There is one current user (still listed in the order history) but the card listing itself is gone.

Obviously I’ll email them but in the meantime I’m wondering if anyone has seen this happen before?

Thanks.

Same for me.  No idea why.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 12, 2021, 10:56:59 AM
Same for me. Barclays is not listed. Other cards are listed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on July 12, 2021, 12:34:46 PM
I had my first adds with new company this year—BoA and Citi. All have posted, and I’m now waiting on word to remove users. The BoA orders were back in Feb/Mar. Anyone know the typical timeline? Didn’t see anything in the docs they originally sent.

I think new company sends an email to you telling you when to remove.  Typical timeframe is 2 to 4 months.  Don't remove early or you risk not getting paid.

Good to know! Thanks.

Got the email to remove my first add on Friday, so that user was on my card for about 4.5 months. I've heard a number of people in this thread have been slow to be paid by new company, I'll add my datapoint once I receive my payment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on July 12, 2021, 04:19:34 PM
Same for me. Barclays is not listed. Other cards are listed.

My Barclays Card is still listed, along with my other one. However, the first time I've had a TL marked "Didn't Post" was on that card (1st time out of 10-15 TL sales with the old company).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 12, 2021, 08:07:00 PM
Yes, same here...  I reported it Thursday or Friday.  All of my cards except 1 disappeared.  I assume they broke something in the web site inadvertently and will fix it.

Mine are back.  Good luck everybody!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 12, 2021, 08:08:48 PM
I just logged on to the Tradelinemaster with the old company and see my Barclays card is no longer listed. There is one current user (still listed in the order history) but the card listing itself is gone.

Obviously I’ll email them but in the meantime I’m wondering if anyone has seen this happen before?

Thanks.

Same for me.  No idea why.

You didn't like the explanation in my post immediately above yours?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 12, 2021, 09:23:58 PM
I just logged on to the Tradelinemaster with the old company and see my Barclays card is no longer listed. There is one current user (still listed in the order history) but the card listing itself is gone.

Obviously I’ll email them but in the meantime I’m wondering if anyone has seen this happen before?

Thanks.

Same for me.  No idea why.

You didn't like the explanation in my post immediately above yours?

I didn't see that when I posted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 13, 2021, 08:56:27 AM
Does Chase send a card when you add an AU online? Do they send it to your address or AU address? Is there any way to opt out of receiving it, like with Barclays?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 13, 2021, 09:10:53 AM
Does Chase send a card when you add an AU online? Do they send it to your address or AU address? Is there any way to opt out of receiving it, like with Barclays?

Yes, yes, and I don't think so but maybe.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 13, 2021, 09:13:32 AM
Chase does send a card and all companies always send the card to your address.

Old co is playing around with their website.  Cards I've removed are back.  No AUs assigned, they just appear.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 13, 2021, 09:43:20 AM
Chase does send a card and all companies always send the card to your address.

Old co is playing around with their website.  Cards I've removed are back.  No AUs assigned, they just appear.

Just a visual glitch while they're working on mass suspending all the Barclays cards due to all the non-postings, from my understanding.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: erutio on July 13, 2021, 10:05:31 AM
I just got the email from Old company about the situation with Barclays cards.  Man, I hope this isn't the end of the barclaycard AU gravy train.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on July 13, 2021, 10:27:39 PM
I just got the email from Old company about the situation with Barclays cards.  Man, I hope this isn't the end of the barclaycard AU gravy train.

Is it possible to share their feedback? I did not receive that email. I am hearing that this is widespread throughout the industry. No one appears to know if this is a 1 off month or the new normal. I am not seeing any of my July tradelines post as well.

This is concerning.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on July 14, 2021, 01:53:55 AM
I just got the email from Old company about the situation with Barclays cards.  Man, I hope this isn't the end of the barclaycard AU gravy train.

Is it possible to share their feedback? I did not receive that email. I am hearing that this is widespread throughout the industry. No one appears to know if this is a 1 off month or the new normal. I am not seeing any of my July tradelines post as well.

This is concerning.

“ Barclays has been temporarily suspended.

Good morning Cardholders,

We have suspended ALL Barclays tradelines in Tradeline Master. We have an overwhelmingly large number of non-postings for June cycle. Barclays has either changed the date in which they report data, or it's possible that they're experiencing a system error that's preventing an update to the credit bureaus for June authorized user data.  Until we confirm a Barclays posting they will not be available in the inventory.

Barclays non-postings for June:
 
If your order is marked as Did Not Post then that means your tradeline did not post on the credit reports and we have processed a refund for the client. In most cases the client waited an additional week or more for the posting, but Barclays still did not report. The credit reports will be shared with you in your cardholder portal. You can remove the authorized user from your tradeline at your earliest convenience if it's marked as Did Not Post.

Barclays postings for July:

We have a smaller number of orders placed in late June and early July for July statements before the lender was suspended. Our hope is that this is a one time issue and they will post for the July cycle. If that's the case, Barclays will be activated again.

Deactivated tradelines showing in your Cardholder portal:

We are aware that the cardholder portal is showing past tradelines that have been deactivated. This is temporary. They are NOT active in the system and will not be available for purchase.”

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ZagNation on July 14, 2021, 11:17:38 AM
I just got the email from Old company about the situation with Barclays cards.  Man, I hope this isn't the end of the barclaycard AU gravy train.

Is it possible to share their feedback? I did not receive that email. I am hearing that this is widespread throughout the industry. No one appears to know if this is a 1 off month or the new normal. I am not seeing any of my July tradelines post as well.

This is concerning.

“ Barclays has been temporarily suspended.

Good morning Cardholders,

We have suspended ALL Barclays tradelines in Tradeline Master. We have an overwhelmingly large number of non-postings for June cycle. Barclays has either changed the date in which they report data, or it's possible that they're experiencing a system error that's preventing an update to the credit bureaus for June authorized user data.  Until we confirm a Barclays posting they will not be available in the inventory.

Barclays non-postings for June:
 
If your order is marked as Did Not Post then that means your tradeline did not post on the credit reports and we have processed a refund for the client. In most cases the client waited an additional week or more for the posting, but Barclays still did not report. The credit reports will be shared with you in your cardholder portal. You can remove the authorized user from your tradeline at your earliest convenience if it's marked as Did Not Post.

Barclays postings for July:

We have a smaller number of orders placed in late June and early July for July statements before the lender was suspended. Our hope is that this is a one time issue and they will post for the July cycle. If that's the case, Barclays will be activated again.

Deactivated tradelines showing in your Cardholder portal:

We are aware that the cardholder portal is showing past tradelines that have been deactivated. This is temporary. They are NOT active in the system and will not be available for purchase.”

As a follow up to the communication Pizzabrewer provided, a banner within the old company's portal now reads
Quote
Our company has identified many non-postings for BARCLAYS bank for the month of June. Please note: if you have a pending order for June or July for Barclays tradeline we request to contact the bank and add the social security number for the authorized user over the phone. By adding the authorized user’s social security over the phone, we anticipate successful AU posting to the credit bureaus on the upcoming reporting cycle. At the current moment, all Barclays sales are disabled until we further identify the issue for non-postings. Thank you for your cooperation. ***No other lender has been impacted***
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 14, 2021, 12:07:24 PM
Just goes to show that selling tradelines is not a reliable source of income, just a temporary side gig.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 14, 2021, 09:26:15 PM
Just goes to show that selling tradelines is not a reliable source of income, just a temporary side gig.

True, I wouldn't count on it indefinitely. Cards can be cancelled, of course, or companies change policy.

Still, I first posted about it over five years ago, and it's still going strong. Pretty decent, IMO.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 14, 2021, 09:26:19 PM
Had a call with the owner of Old Company today (we had previously exchanged emails/voicemails the past few weeks regarding the Barclay situation).

They're hoping to un-pause Barclays Aug 1. Current suspicion is that online adds are no longer posting, but calling in with SSN is. If you have data otherwise (e.g. you called in with social for a Barclays add that didn't post), please post here or PM me. Or if your Barclays add did post, and you did/didn't do it online, please post or PM.

Three pieces of big news from them (these will be announced in future newsletters, but a sneak peek for you guys):

1) They're going to pay 50% commissions on all Barclays adds that didn't post. They had to do a full refund to all AUs, but recognize that it sucks as a cardholder to use a Barclays slot and not get paid for something outside your control. Despite their contract saying you don't get paid if it fails to posts, and despite the fact that they made no money on these adds--and will be losing money due to this move--they're going to pay out half the commission. Super classy move, IMO, and shows yet again why I like Old Company a lot.

2) They're opening enrollment again for all cards they accept starting Aug 1. Huzzah! This happens ~once/year, so if you don't currently have your cards enrolled with Old Company, I'd recommend doing so at that time. PM me if you need the info, otherwise contact them in about two weeks.

3) They're opening enrollment--for the first time ever--to American Express cards. Yes, AmEx doesn't report the tradeline history (only the limit), so it's more for a niche of borrowers looking to drop their DTI (or who have a long credit history but not much available credit), and it will be at a lower commission than other cards, but it is a chance to use your AmEx cards now if you wish. He is supposed to email me the commission schedule for AmEx tomorrow, and I'll post it soon.

Please do not contact them now (wait until August 1) about enrolling more cards or enrolling your AmEx. They're busy dealing with the Barclays thing, and anticipate August 1 to be working on items 2 and 3 above, you can contact them them. Just wanted to give you all a heads up. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 15, 2021, 07:14:15 AM
This is all GREAT news.  I looked back in my history and my last non-posting was Barclay cash forward.  In the past, they've looked for low limit, newer cards for 2 month low paying slots.  I did a slew of these the first time it was offered.  Well now those cards have aged and my payments have increased with the ages.  Nice to see.

Thanks much for the heads up.  I have a mostly never used AMEX that I think is my oldest card.  I'll be more than happy to enroll it!  Several other cards that I have opened over the last 2 years for the sign on bonus that may qualify.  We'll see what limits are in place.  I do remember that at times, there are specific cards that they have certain age/limit requirements on.  Time to go through my sock drawer cards.  :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 15, 2021, 07:48:29 AM
They're hoping to un-pause Barclays Aug 1. Current suspicion is that online adds are no longer posting, but calling in with SSN is. If you have data otherwise (e.g. you called in with social for a Barclays add that didn't post), please post here or PM me. Or if your Barclays add did post, and you did/didn't do it online, please post or PM.

I added AU to my Barclays in March '21 and May '21, both online adds, and both posted successfully.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 15, 2021, 07:52:04 AM
I have 4 Barclays add's in May, all online.  3 of the 4 posted.  1 was within a day or so of another of the 3 and did not post.  Old co was checking with client as they had not heard back and asked for screenshot.  This was before I knew of the BC issues.

Question @arebelspy / all: How do we go back and add SSNs?  The client info is no longer available (AFAIK) from the portal.  I don't retain SSN locally as I think it is a risky practice for all involved.

thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 15, 2021, 08:25:38 AM
Sorry I wasn't clear, this looks like an issue that just started in June.

No need to go back and add SSNs, just looking for data on if people did/didn't call in SSNs and what posted or not in June/July. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 15, 2021, 09:40:49 AM
Thanks ARS!

I was actually confused by their web site message.  I see that this was also clarified in their last email on this topic.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 15, 2021, 09:59:18 AM
How do we go back and add SSNs?  The client info is no longer available (AFAIK) from the portal.  I don't retain SSN locally as I think it is a risky practice for all involved.

You don't.

I was confused about this as well, since I have a June Barclays AU that I added online without SSN.

If you have a Barclays AU that you haven't added yet, they're asking you to call in and add them over the phone with SSN.

I think ARS is interested in data points contrary to the current thesis, which is that in June Barclays stopped posting AUs which were added without SSN.  So if you added a June Barclays AU online without SSN and it posted, or if you added a June Barclays AU via phone with SSN and it didn't post.

(@ARS, my data fits the thesis so far.  All my Barclays AUs have been added online without SSN - May 2021 and previous have all posted; I have a June Barclays AU which hasn't posted yet and I expect not to.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on July 15, 2021, 10:21:32 AM
2 May Barclays AUs posted (I got paid for both but the payment area shows blank on the website for one of them), added online as normal.

1 June Barclays AU did not post. I didn't call in to add a SS#, just added online like normal.

Nothing in July.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on July 15, 2021, 10:54:04 AM
Thanks for the update. How sensitive is AMEX to AUs and how big of an impact is it when they drop thr hammer? Chase level of magnitude?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 15, 2021, 01:25:52 PM
Thanks for the update. How sensitive is AMEX to AUs and how big of an impact is it when they drop thr hammer? Chase level of magnitude?

I don't think anyone really knows since neither of the companies recommended here have accepted AMEX before, so they have no track record yet.

There are some on this thread who appear to use other TL companies that do accept AMEX, so maybe they'll chime in.

My impression is that Chase is the worst (in terms of AU disciplinary action), so probably not that bad.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 16, 2021, 07:38:18 AM
Question for the great minds here...

I have an AU that posted with a removal date of today.  Should I remove it today as I normally would or wait a few days?  It is a barclays card.

thanks for any advice
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 16, 2021, 09:45:50 AM
Question for the great minds here...

I have an AU that posted with a removal date of today.  Should I remove it today as I normally would or wait a few days?  It is a barclays card.

thanks for any advice

You can wait if you want to, but I've always aimed to remove it on the removal date itself.  I've encountered no difficulties in doing it that way.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 16, 2021, 11:54:58 AM
Thanks as always @secondcor521 !
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on July 16, 2021, 12:02:06 PM
Thanks for the update. How sensitive is AMEX to AUs and how big of an impact is it when they drop thr hammer? Chase level of magnitude?

I’m almost at 100 over 12 months on one Amex card… no prob. They max at 100 in a year.

A company I work with often piggybacks high limit Amex with older tradelines. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on July 16, 2021, 02:56:52 PM
They max at 100 in a year.

So you can cycle 100 on/off during that year...does that mean it resets annually and you can cycle another 100, or is the card burned for good once the max is hit, or?

Thanks for the info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on July 16, 2021, 03:05:06 PM
Not burned for good. I think (haven’t had it happen yet) once you hit 99 that it’s 12 months for each add.  I know when I get to 99 I’ll move by credit to another card and start all over again until the old one is back in the game.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on July 16, 2021, 03:12:38 PM
Not burned for good. I think (haven’t had it happen yet) once you hit 99 that it’s 12 months for each add.  I know when I get to 99 I’ll move by credit to another card and start all over again until the old one is back in the game.


So...once it stays dormant for a year you can reload the next 100 per year?

And hmm, can you move credit lines with them anymore? A while ago they stopped allowing reallocation, can we do that again? I've ignored my Amexes for a while...

Again thanks for the info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on July 16, 2021, 03:19:08 PM
Between two Amex personal credit cards it’s all easy and online to shift credit limit.

In the top ribbon, click the button that says Account Services
Click the button that says Payment & Credit Options
Click Transfer Available Credit to Another Card

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on July 16, 2021, 03:23:31 PM
Thanks! Like I say, I've been ignoring them a while. Just haven't looked! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mesmoiselle on July 19, 2021, 06:49:41 AM
I signed up with a rando called Splendid Credit because the OP suggested company has been booked for months not taking new people.

The front end part went well. But I keep getting scam vibes. I feel like they implied I'd receive payment July 10th for sales in June. Further email back and forth said payment wouldn't happen until ~September~ for a June Sale. Ha! Like that makes any sense, we all know people paid up front for these lines, so where exactly is that money sitting for 3 months? I also wasn't told that in their FAQ or their weird phone interview.

I may be jumping the gun, but I don't "work" for the theory of money later. I told them to remove my cards from their listings. That I would reconsider working with them again after payment had been made in September.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on July 19, 2021, 08:55:49 AM
I've been selling tradelines on a Capital One card and they always send a card for the AU. I just realized after months of throwing the unopened envelopes in a drawer that they are all metal cards. So no I have a stack of 8 metal credit cards, each with a different name and number. What is the best way to destroy/dispose of these? There were a few envelopes to return them to Capital One, but I feel like it would be very suspicious to send back multiple cards with different names in one envelope.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on July 19, 2021, 09:06:37 AM
IDK if it'd be suspicious; I'm guessing that all the cards that get sent back (whether from regular expirations or returned mail or AUs) are all sent to one area to be process, and people from that area are hardly spending the time to look at the cards.

But if it'd make you feel better, tin snips and a fire. I have those metal cards, they're not something you want to cut with scissors but they're hardly indestructible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 19, 2021, 02:21:38 PM
Barclays added a remark on my account, with Equifax. I found out because Credit Karma sent me an alert. The remark is "Consumer disputes after resolution", whatever that means. It is for a credit card I use for TLs but I never disputed anything on it, always paid on time etc.

Does anyone know if having this kind of remark means I can't use this card for TLs? I remember a couple of years ago another bank added a remark, also for no reason, and one of the TL companies noticed it and said they can't use that card unless I have it removed.

Update: double checked and the same remark is with all the bureaus. Already asked equifax to remove it.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 19, 2021, 04:24:35 PM
Barclays added a remark on my account, with Equifax. I found out because Credit Karma sent me an alert. The remark is "Consumer disputes after resolution", whatever that means. It is for a credit card I use for TLs but I never disputed anything on it, always paid on time etc.

Does anyone know if having this kind of remark means I can't use this card for TLs? I remember a couple of years ago another bank added a remark, also for no reason, and one of the TL companies noticed it and said they can't use that card unless I have it removed.

Update: double checked and the same remark is with all the bureaus. Already asked equifax to remove it.

I have not heard of any such requirement by either of the two recommended companies on this thread.  Other TL companies might require such.

I doubt the remark carries over to the AU's history, but it conceivably could.  Also, I doubt the remark matters for credit scoring purposes and probably only matters if a human actually looks at the credit report.

I would inquire with whichever TL company you would like to use to see what they say.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on July 19, 2021, 07:02:06 PM
Decided to log back into Discover... it is updated now with

"In order to verify your authorized user, we'll need some additional documents. Please upload your documents below, or call us at 1-866-236-8431".

And next to the AU's name it says:
Required:  Proof of Address, SSN

So I guess we will try calling and maybe just have to provide the SSN number.

I don't know about Discover's requirement, but when Capital One required proof of address and SSN, the company sent me copies of the AU's driver's license and Social Security card.

This worked for a while, then one time the copy of the SS card was black and white. Capital One said they needed a color copy. The TL company said "sorry. we don't have it." so the Cap One card was locked. I couldn't add AUs or even use the card, so I canceled it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on July 20, 2021, 02:08:48 AM
Not burned for good. I think (haven’t had it happen yet) once you hit 99 that it’s 12 months for each add.  I know when I get to 99 I’ll move by credit to another card and start all over again until the old one is back in the game.


So...once it stays dormant for a year you can reload the next 100 per year?

And hmm, can you move credit lines with them anymore? A while ago they stopped allowing reallocation, can we do that again? I've ignored my Amexes for a while...

Again thanks for the info.

100 adds in a year is .... crazy :p
Is the 100 adds for each American Express card or all cards totaled up?
The wait time after hitting 100 wasn't clear.  Is this similar to Discover?  For instance, if you add 10 per month for 10 months, then 2-3 months later can you add 10 more?

Thanks in advance
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on July 20, 2021, 05:47:24 AM
I’m almost at the cap.  I think it’s 99 per 12 months. There’s a system to how they do the new card numbers that stops them from going above that.  And they advertise add up to 99 users.  So as a result my high limit Amex has made me close to 10k in a year between two companies. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 20, 2021, 07:29:56 AM
I've been selling tradelines on a Capital One card and they always send a card for the AU. I just realized after months of throwing the unopened envelopes in a drawer that they are all metal cards. So no I have a stack of 8 metal credit cards, each with a different name and number. What is the best way to destroy/dispose of these? There were a few envelopes to return them to Capital One, but I feel like it would be very suspicious to send back multiple cards with different names in one envelope.

I have yet to receive any metal cards, but expect that they are aluminum.  What I'll do if/when I get any is to cut them up with tin snips, which I have in my garage.  They're big, hefty scissors that will shear sheet metal.  They'll laugh at aluminum.  I'll discard the pieces in my aluminum scrap bin, which goes with me to the eScrap yard for cash about once a month.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 20, 2021, 08:54:02 AM
My wife finally has some cards aged enough to start selling tradelines on.  I'm going to sign her up at the old company, but they don't allow referrals for spouses.  Can she be referred by someone else here, or are they going to deny a referral since we are spouses in the same household, even though I won't be the one getting the referral?   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 20, 2021, 09:26:15 AM
My wife finally has some cards aged enough to start selling tradelines on.  I'm going to sign her up at the old company, but they don't allow referrals for spouses.  Can she be referred by someone else here, or are they going to deny a referral since we are spouses in the same household, even though I won't be the one getting the referral?

I don't know for sure, but I'm willing to give you my referral info.  Will send PM here in a minute.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on July 20, 2021, 09:45:49 AM
Old Company - I added the spouse's cards to my account and only have one account with them.  Been working fine.  Didn't see a benefit to keeping 2 accounts going.  May be one if there are tax advantages or IRA benefits. 
Cheers
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 20, 2021, 09:53:26 AM
Old Company - I added the spouse's cards to my account and only have one account with them.  Been working fine.  Didn't see a benefit to keeping 2 accounts going.  May be one if there are tax advantages or IRA benefits. 
Cheers

Same here.  Old company advised I could do either 1-2 years ago.  I thought 1 account would be simpler.

Since the private note field has been broken for a while now, I might go with 2 accounts now :)  It is easy to mix them up when similar ages/limits are involved.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on July 20, 2021, 10:50:52 AM
Old Company - I added the spouse's cards to my account and only have one account with them.  Been working fine.  Didn't see a benefit to keeping 2 accounts going.  May be one if there are tax advantages or IRA benefits. 
Cheers

Same here.  Old company advised I could do either 1-2 years ago.  I thought 1 account would be simpler.

Since the private note field has been broken for a while now, I might go with 2 accounts now :)  It is easy to mix them up when similar ages/limits are involved.
That was something I was looking at.  Just starting out with a handful, it's easy to keep track.  If this gets more complicated, I can see where 2 accounts would be simpler. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 21, 2021, 12:03:35 PM
2) They're opening enrollment again for all cards they accept starting Aug 1. Huzzah! This happens ~once/year, so if you don't currently have your cards enrolled with Old Company, I'd recommend doing so at that time. PM me if you need the info, otherwise contact them in about two weeks.

3) They're opening enrollment--for the first time ever--to American Express cards. Yes, AmEx doesn't report the tradeline history (only the limit), so it's more for a niche of borrowers looking to drop their DTI (or who have a long credit history but not much available credit), and it will be at a lower commission than other cards, but it is a chance to use your AmEx cards now if you wish. He is supposed to email me the commission schedule for AmEx tomorrow, and I'll post it soon.

Please do not contact them now (wait until August 1) about enrolling more cards or enrolling your AmEx. They're busy dealing with the Barclays thing, and anticipate August 1 to be working on items 2 and 3 above, you can contact them them. Just wanted to give you all a heads up. :)

Here's the AmEx commission schedule:
Spoiler: show

2-Month Cycle Commission for Amex (limit only)
1. Limit $10,000 - $15,000 = $50 per spot
2. Limit $15,001 - $20,000 = $100 per spot
3. Limit $20,001 - $30,000 = $150 per spot
4. Limit $30,001 - $40,000 = $175 per spot
5. Limit $40,001 - or more = $200 per spot


Age of the card is irrelevant for Amex.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 21, 2021, 01:01:19 PM
Anyone have experience with a synchrony care credit card?  My wife has lasik a few years ago, and they offered 0% financing, which ended up being the credit card in question.  We've paid off the lasik, but never actually used the card for anything.  I see the old company will take it for tradeline sales though so I'd like to enroll it and sell spots.  But I have no idea how the credit card works.  It claims it's for health related expenses, and taken at a number of different retailers like walgreens, but specifies it's for "qualifying products", but how do they differentiate between qualifying and non qualifying products?  Does it have to be used at the pharmacy counter?  Are they able to ring a mixed order up of qualifying items and a candy bar? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 21, 2021, 02:58:26 PM
2) They're opening enrollment again for all cards they accept starting Aug 1. Huzzah! This happens ~once/year, so if you don't currently have your cards enrolled with Old Company, I'd recommend doing so at that time. PM me if you need the info, otherwise contact them in about two weeks.

3) They're opening enrollment--for the first time ever--to American Express cards. Yes, AmEx doesn't report the tradeline history (only the limit), so it's more for a niche of borrowers looking to drop their DTI (or who have a long credit history but not much available credit), and it will be at a lower commission than other cards, but it is a chance to use your AmEx cards now if you wish. He is supposed to email me the commission schedule for AmEx tomorrow, and I'll post it soon.

Please do not contact them now (wait until August 1) about enrolling more cards or enrolling your AmEx. They're busy dealing with the Barclays thing, and anticipate August 1 to be working on items 2 and 3 above, you can contact them them. Just wanted to give you all a heads up. :)

Here's the AmEx commission schedule:
Spoiler: show

blah / deleted


Age of the card is irrelevant for Amex.


Nice!  I am no expert on Amex TL sales but that rate schedule looks better than what I received for one of my cards with a competitor.  Excited to enroll the card with my favorite company too.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 22, 2021, 08:53:52 AM
That's good news/bad news on the AMEX for me.  I've got a pretty new one that has a $20k limit while my near oldest card is an AMEX that they just dropped my limit for non use from $25k to $1k.  I've also pulled one other high limit, old card out of the new company, since I get like 1 sale a year on it with them.  3 cards total to submit on the 1st.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on July 23, 2021, 12:12:50 AM
Anyone have experience with a synchrony care credit card?  My wife has lasik a few years ago, and they offered 0% financing, which ended up being the credit card in question.  We've paid off the lasik, but never actually used the card for anything.  I see the old company will take it for tradeline sales though so I'd like to enroll it and sell spots.  But I have no idea how the credit card works.  It claims it's for health related expenses, and taken at a number of different retailers like walgreens, but specifies it's for "qualifying products", but how do they differentiate between qualifying and non qualifying products?  Does it have to be used at the pharmacy counter?  Are they able to ring a mixed order up of qualifying items and a candy bar?

I got a Credit Care card about 2 months ago and have been experimenting with it.  It needs to be used for medical expenses which include over the counter medication and an assortment of services, check their website.  I've not experimented with vitamins or supplements yet.  At Walgreens I was able to mix the purchase of an OTC med and soda, but I'm not sure if this will work at other locations.  On a side note my general experience at Walgreens was the low point of my month and won't be back.  Card site says it can be used at Walmart.  I tired to use it for normal stuff at Walmart but was declined.  I will try again with just an OTC.  If that works I will try again by mixing the purchase.  I'm not sure if we need to make the purchase in the pharmacy or the regular cashiers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 24, 2021, 09:42:21 AM
2) They're opening enrollment again for all cards they accept starting Aug 1. Huzzah! This happens ~once/year, so if you don't currently have your cards enrolled with Old Company, I'd recommend doing so at that time. PM me if you need the info, otherwise contact them in about two weeks.

3) They're opening enrollment--for the first time ever--to American Express cards. Yes, AmEx doesn't report the tradeline history (only the limit), so it's more for a niche of borrowers looking to drop their DTI (or who have a long credit history but not much available credit), and it will be at a lower commission than other cards, but it is a chance to use your AmEx cards now if you wish. He is supposed to email me the commission schedule for AmEx tomorrow, and I'll post it soon.

Please do not contact them now (wait until August 1) about enrolling more cards or enrolling your AmEx. They're busy dealing with the Barclays thing, and anticipate August 1 to be working on items 2 and 3 above, you can contact them them. Just wanted to give you all a heads up. :)

Here's the AmEx commission schedule:
Spoiler: show

2-Month Cycle Commission for Amex (limit only)
1. Limit $10,000 - $15,000 = $50 per spot
2. Limit $15,001 - $20,000 = $100 per spot
3. Limit $20,001 - $30,000 = $150 per spot
4. Limit $30,001 - $40,000 = $175 per spot
5. Limit $40,001 - or more = $200 per spot


Age of the card is irrelevant for Amex.

This is great news. Are they going to send an email about that or can we just contact them on Aug 1 to add Amex cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 25, 2021, 01:50:28 PM
They should send out a newsletter. Just giving a heads up. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on July 28, 2021, 01:15:32 PM
Hello again,
I am just getting started with the old company and with a third company and just saw this news about Amex.
What would be the best Amex to open just for this? I mean what would be the Amex card with the highest potential credit limit? Any good into offers?
Thanks
PS regarding the AU limits. I've read many posts about a 99 limit but I am not clear on whether that's a rolling number. I mean if one would only do 8 AU a month that'd be below the 99 limit, correct?
Thanks again
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on July 28, 2021, 01:21:48 PM
You can do 99 in a month if you want.  all online all easy.

Blue Cash Preferred for the supermarket benefit is pretty good.

Also Amex after a year is usually pretty generous with credit increases.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 28, 2021, 01:36:12 PM
Me, prematurely quitting my job on August 1 when 6 additional tradeline cards will be eligible for sales and I can potentially earn enough income to bridge the spending gap between my actual budget and what my 'stache can support:

(https://i.ibb.co/QrBGpcj/ezgif-com-gif-maker.gif)

Up yours Krabappel!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on July 28, 2021, 05:58:27 PM
I noticed my payment for July pending in my checking account today from the old company, however it does not include any money from the Barclay's cards that didn't post. Was there an email that came out that said they were going to pay 50% for these? I can't seem to find it. Anyone else have this happen?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on July 28, 2021, 06:19:11 PM
I noticed my payment for July pending in my checking account today from the old company, however it does not include any money from the Barclay's cards that didn't post. Was there an email that came out that said they were going to pay 50% for these? I can't seem to find it. Anyone else have this happen?

They are paying 50% for Barclays that didn't post, and they did send out an email about it.

Reach out to them, and lmk if you have any issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 28, 2021, 07:22:16 PM
I noticed my payment for July pending in my checking account today from the old company, however it does not include any money from the Barclay's cards that didn't post. Was there an email that came out that said they were going to pay 50% for these? I can't seem to find it. Anyone else have this happen?

I don't see a pending payment yet.  I was affected by one June Barclays AU not posting.  Tradeline master shows no commission to be paid.

Since it's a one off situation, they may have to do a manual process somehow.  It's conceivable to me that it could be a separate payment that is slightly delayed.

Thanks for the heads up; I'll also plan to follow @ARS's suggestion and will check with old company if the half payment doesn't show up after a week or two.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on July 28, 2021, 08:04:26 PM
You can do 99 in a month if you want.  all online all easy.

Blue Cash Preferred for the supermarket benefit is pretty good.

Also Amex after a year is usually pretty generous with credit increases.

Anyone know if it's up to 99 in a calendar year, or just 99 within a year of eachother or based on when card was opened or something?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on July 28, 2021, 10:40:37 PM
Me, prematurely quitting my job on August 1 when 6 additional tradeline cards will be eligible for sales and I can potentially earn enough income to bridge the spending gap between my actual budget and what my 'stache can support:



looking forward to this some day, what do you estimate your avg monthly sales to be 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on July 28, 2021, 10:48:42 PM
Me, prematurely quitting my job on August 1 when 6 additional tradeline cards will be eligible for sales and I can potentially earn enough income to bridge the spending gap between my actual budget and what my 'stache can support:



looking forward to this some day, what do you estimate your avg monthly sales to be

My post was mostly joking and unrealistic.  4 Amex X $50/AU X 99 AU/yr = $19,800/yr just from the amex.   I suspect in reality it will be some small fraction of that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on July 29, 2021, 12:04:09 AM
yea just curious if anyone has gotten close to some consistent amount where they're earning enough to nearly live of off (as single no kids) while they can just let their investments ride, I'd imagine it'd have to be through other companies to be getting enough volume- and would be interested in seeing the number/age/limits of cards enrolled
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 29, 2021, 12:23:20 AM
yea just curious if anyone has gotten close to some consistent amount where they're earning enough to nearly live of off (as single no kids) while they can just let their investments ride, I'd imagine it'd have to be through other companies to be getting enough volume- and would be interested in seeing the number/age/limits of cards enrolled

I have a policy of not disclosing income or asset amounts, so I can't answer this question with much specificity.  I can say I've been doing this for about three years, with six to nine cards, anywhere from 2 to 25 years old, with a variety of what would generally be considered high limits cultivated over many years of credit card hacking.

I don't make enough to live off it, but it's enough of an impact to where I need to account for it in my financial planning, and it does allow me to take less from my investments.  My gross WR is about 2.03%, my piggybacking activities account for just about 0.34%, and with my other gig income my net WR is running about 1.11%.

(Single, three adult offspring in the process of launching.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on July 29, 2021, 02:05:09 AM
For the America Express 99 limit, not only do we not know if that is a calendar year or rolling calendar year, but also if that 99 is lifetime, nor if it's for 1 card or all cards combined?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on July 29, 2021, 04:39:40 AM
99 limit is per card I’ve added close to 90 in the past year and when I’m at 99 I’ll move the credit to another Amex card and sell another 99
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on July 29, 2021, 09:14:49 AM
I just added an AU to my wife's card. She is the sole owner of the card, and this is the first AU on it. The first question out of the CSR's mouth was "Can I have your name?" I wasn't sure what to say, so I said my wife's name. They didn't bat an eye. Her name is feminine, there wouldn't be a man with that name. I didn't try to disguise my voice or anything like that.

Apparently, as long as you give them the name on the card, you can get away with impersonating the owner.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on July 29, 2021, 04:05:52 PM
I posted on here last August that my 16 yr old Capital One card had it's credit limit reduced from $30k to $10k, due to low usage...  That was a bummer.

Well.....

*$%#!!!   It finally happened.  I just had my first card shut down!  Yesterday I went to lunch at Genghis Grill and went to pay with my CapOne card but it was declined.  So I called just now and they said it had been closed, please hold.  Next person says she has no idea why, transferred me to Fraud.  Fraud guy comes on and says I have no idea.  Let me talk to my Manager.  Then he came back on and said Manager didn't know but I should be receiving a letter from Cap One.
I chewed him out a little and told him to tell his manager that it's ridiculous to just close my account without ANY warning, no discussion.  Tell your manager I am pulling out my wife's car loan from Cap One and closing my Cap One money market and taking my money elsewhere.

I know that's the risk, but sucks when it happens.

Here are the details just fyi...
Started tradelines on this card in March 2018.
I just added my 30th AU on 7/13/21.
Removed an AU on 7/26/21.

Can't complain, I made $9,300 off of that card.





Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on July 29, 2021, 09:25:18 PM
yea just curious if anyone has gotten close to some consistent amount where they're earning enough to nearly live of off (as single no kids) while they can just let their investments ride, I'd imagine it'd have to be through other companies to be getting enough volume- and would be interested in seeing the number/age/limits of cards enrolled
I’m regularly selling 2 slots on 4-5 cards every month. Average limit around $15K. Average age is 10 years or so. I could sell more cards, but some I am withholding because I don’t want to lose them. Others I am seasoning to sell later. I don’t make anywhere close to enough to cover expenses (HCOL and married with 1 kid), but it’s enough to greatly reduce my risk of failure to the point where I don’t fear sequence of returns risk anymore. It’s probably covers around 15-20% of my expenses.

I’m not going to count on this income for my FIRE calculations, but just treat it as a nice quality of life boost if it continues. (But no reason to think that it won’t).

The other effect is that I find myself more willing to spend on “nice to have” purchases now. Spending choices that I previously would have felt some guilt for, I now find myself being ok with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 30, 2021, 11:04:05 AM
I noticed my payment for July pending in my checking account today from the old company, however it does not include any money from the Barclay's cards that didn't post. Was there an email that came out that said they were going to pay 50% for these? I can't seem to find it. Anyone else have this happen?

I don't see a pending payment yet.  I was affected by one June Barclays AU not posting.  Tradeline master shows no commission to be paid.

Since it's a one off situation, they may have to do a manual process somehow.  It's conceivable to me that it could be a separate payment that is slightly delayed.

Thanks for the heads up; I'll also plan to follow @ARS's suggestion and will check with old company if the half payment doesn't show up after a week or two.

I got paid today for the exact amount I expected, including the 50% payment for the Barclays non-posting AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on July 30, 2021, 03:38:11 PM
yea just curious if anyone has gotten close to some consistent amount where they're earning enough to nearly live of off (as single no kids) while they can just let their investments ride, I'd imagine it'd have to be through other companies to be getting enough volume- and would be interested in seeing the number/age/limits of cards enrolled

Yes, next year I would be able to live off my TL income only.

I do have 2 very talented offsprings and an elderly mom living with me. Live in LCOL area but very expensive hood. Next year I would pay off my primary residence, and my average monthly income from TLs would cover my expenses. I'm FI but didn't retire bc I can't find anything I could occupy myself whole day and I really like my work now, but can leave it at any time. I can live off my renal income and all my rentals are free and clear, my salary alone also covers all my expenses and more right now. But, if I really want to, I can live off my TL income only, starting from the next year.

My TL cards: Usually, I have 9-12 cards enrolled w/1-3 AUs on each. I got one Care Credit (Synch) closed (I think last year), but was able to get two more right away and now I mature them. Got 3 BOA cards closed this year (only one was enrolled in TL). Discover put a limit on AUs till November, I think. This month 4 Cap One cards got restricted and all 4 were enrolled. They are still reporting as far as I can tell and I won't close them bc that would be at least 60K CL. I think I still have at least 5 cards enrolled. But since I constantly get new cards - I always have new to enroll. My CL on enrolled cards ranges from 8K -25K, age from 6m to 10 years. I only work with the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 30, 2021, 07:41:55 PM
Which Synchrony cards did you get @ilsy ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on July 30, 2021, 08:49:34 PM
Care Credit and Car Care. I'm not sure, I would be able to enroll Car Care, but I access it the same way as Care Credit - so, I assume everything else is the same. They also have Home Care which I would get probably sometime later, much easier to make purchases on that card for me. The biggest problem with the Car Care card for me - I have no idea what 'car-related' expenses I can put on it every month (but I'll figure that out when the time comes). My car isn't that old to pay for expensive repairs that I can put on 6m financing.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on August 01, 2021, 04:13:52 PM
I noticed my payment for July pending in my checking account today from the old company, however it does not include any money from the Barclay's cards that didn't post. Was there an email that came out that said they were going to pay 50% for these? I can't seem to find it. Anyone else have this happen?

I don't see a pending payment yet.  I was affected by one June Barclays AU not posting.  Tradeline master shows no commission to be paid.

Since it's a one off situation, they may have to do a manual process somehow.  It's conceivable to me that it could be a separate payment that is slightly delayed.

Thanks for the heads up; I'll also plan to follow @ARS's suggestion and will check with old company if the half payment doesn't show up after a week or two.

I got paid today for the exact amount I expected, including the 50% payment for the Barclays non-posting AU.

Is there anything showing under commission for your Barclay cards in TradelineMaster? I have one added 6/1 and the other 6/11 and nothing is showing in the commission column for either one and as far as I can tell, they didn't pay me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 01, 2021, 04:35:43 PM
I noticed my payment for July pending in my checking account today from the old company, however it does not include any money from the Barclay's cards that didn't post. Was there an email that came out that said they were going to pay 50% for these? I can't seem to find it. Anyone else have this happen?

I don't see a pending payment yet.  I was affected by one June Barclays AU not posting.  Tradeline master shows no commission to be paid.

Since it's a one off situation, they may have to do a manual process somehow.  It's conceivable to me that it could be a separate payment that is slightly delayed.

Thanks for the heads up; I'll also plan to follow @ARS's suggestion and will check with old company if the half payment doesn't show up after a week or two.

I got paid today for the exact amount I expected, including the 50% payment for the Barclays non-posting AU.

Is there anything showing under commission for your Barclay cards in TradelineMaster? I have one added 6/1 and the other 6/11 and nothing is showing in the commission column for either one and as far as I can tell, they didn't pay me.

No, it is blank.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 01, 2021, 07:43:31 PM
2) They're opening enrollment again for all cards they accept starting Aug 1. Huzzah! This happens ~once/year, so if you don't currently have your cards enrolled with Old Company, I'd recommend doing so at that time. PM me if you need the info, otherwise contact them in about two weeks.

3) They're opening enrollment--for the first time ever--to American Express cards. Yes, AmEx doesn't report the tradeline history (only the limit), so it's more for a niche of borrowers looking to drop their DTI (or who have a long credit history but not much available credit), and it will be at a lower commission than other cards, but it is a chance to use your AmEx cards now if you wish. He is supposed to email me the commission schedule for AmEx tomorrow, and I'll post it soon.

Please do not contact them now (wait until August 1) about enrolling more cards or enrolling your AmEx. They're busy dealing with the Barclays thing, and anticipate August 1 to be working on items 2 and 3 above, you can contact them them. Just wanted to give you all a heads up. :)

Here's the AmEx commission schedule:
Spoiler: show

2-Month Cycle Commission for Amex (limit only)
1. Limit $10,000 - $15,000 = $50 per spot
2. Limit $15,001 - $20,000 = $100 per spot
3. Limit $20,001 - $30,000 = $150 per spot
4. Limit $30,001 - $40,000 = $175 per spot
5. Limit $40,001 - or more = $200 per spot


Age of the card is irrelevant for Amex.

So can we just email them now that it's August 1?  I don't see anything on the portal, and I didn't receive an email announcement. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 01, 2021, 07:51:38 PM
Good question.

That was the plan last we spoke on July 14 (and nothing indicated that was changing when he sent me the Amex commission schedule on the 21st), so I would expect an email to cardholders in the next day or two (today being a weekend where they aren't working).

He did indicate they were dealing with the Barclay situation in July thus waiting until August to open enrollment and deal with that, so it's possible there's a delay. I'll ping them to find out either way and post here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nickelwise on August 02, 2021, 08:22:27 AM
I noticed my payment for July pending in my checking account today from the old company, however it does not include any money from the Barclay's cards that didn't post. Was there an email that came out that said they were going to pay 50% for these? I can't seem to find it. Anyone else have this happen?

I don't see a pending payment yet.  I was affected by one June Barclays AU not posting.  Tradeline master shows no commission to be paid.

Since it's a one off situation, they may have to do a manual process somehow.  It's conceivable to me that it could be a separate payment that is slightly delayed.

Thanks for the heads up; I'll also plan to follow @ARS's suggestion and will check with old company if the half payment doesn't show up after a week or two.

I got paid today for the exact amount I expected, including the 50% payment for the Barclays non-posting AU.

Is there anything showing under commission for your Barclay cards in TradelineMaster? I have one added 6/1 and the other 6/11 and nothing is showing in the commission column for either one and as far as I can tell, they didn't pay me.

Most of my June Barclays AUs were showing as "Didn't Post" and I received the 50% payout, but I had one that was showing neither "Posted" nor "Didn't Post". The status was just blank, and I didn't get paid anything. I emailed Old Company about the issue. I was told that it's because the user has put in a dispute that the tradeline did not post, but has not yet provided the proof that Old Company requires to validate the dispute (credit reports from all three bureaus showing that the line did not post). They told me that if the proof is provided, it will move to "Did Not Post" status and we'll get the 50% payout as promised. Otherwise, if proof isn't provided by the deadline, it will go to "Posted" status (even though it probably didn't actually post) and we'll get paid out in full.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 02, 2021, 09:18:40 AM
Confirmed: Old company is opening enrollment right now.

One thing to note about American Express:
Quote
For Amex cards, it’s still a bit of a trial as we go since it’s a new lender for us. A few things to keep in mind/share with other cardholders. We can only do Amex branded cards for now, example - Amex Blue Cash, Everyday, Delta. We can’t use any charge cards, Green, Gold, Platinum, and Centurion Amex cards do not qualify. (Charge cards only report the balance on the card). When cardholders send their card information, it'll be extra important that we have the card type. I'll be extremely busy this week so enrolling new cards will be a slow process, but I'll get to them all as I can.

They're also taking Huntington Bank cards now (new as of today):
Quote
As a side note, we'll also start taking Huntington Bank cards. This is also a new lender for us. It's easy to add (online), and they're absolutely fantastic at posting. However it seems like a pretty rare card. If anyone has this card we'll enroll it regardless of limit/age or time of year. Let me know if you have any questions.

They expect to get the enrollment newsletter out this week.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 02, 2021, 09:18:51 AM
Making this a separate post, as I think it deserves its own post.

OldCompany is opening enrollment for all cards.

They accept: American Express, Barclays, Capital One, Chase, Citibank, Discover, Elan/Fidelity, Huntington Bank, NFCU, PNC, Synch Bank (Care Credit), TD Bank, and US Bank cards.

Amex is newly accepted as of right now.

They only open enrollment about once per year, for a few weeks. The last time was 1 year ago, August 2020. The last time before that was April 2019. If you have cards you want to sell tradelines on, now is the time.

As has been documented in this thread, OldCompany seems to be the best Tradeline company in the business. Tons of sales, automated payments, super good customer support, and great business practices (like the recent payout with Barclays nonpostings that they straight lost money on and didn't just pass that onto cardholders).

Personally, I'd be switching any cards you have for tradelining to OldCompany, if you aren't already there. IMO, anyone with cards for tradelining should be enrolled with them. And since they only open up signups for cardholders once a year or so, in the last few years, it's worth jumping on and getting your cards enrolled when they do.

Feel free to PM me if you need a referral. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on August 02, 2021, 01:42:23 PM
Thanks ARS!

Can anyone inform whether we can decline having a physical AU card sent from Amex and/or if it shows up with someone else's name on the mail if we can't shut that off?

Many thanks to all helpful thread denizens!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on August 02, 2021, 01:47:40 PM
Hey folks,

I've got some pretty bad news to share. Enrolled with Old Company 3 months ago. Signed up my Barclays card, sold 2 spots, got paid, everything is good. Then enrolled an Elan card, had my first AU spot sold not long after. 6-8 weeks go by and I find the card is declined when I'm at the grocery store. Try to log in to online access, tells me to call technical support. This past Friday I get on the phone with support, said my account was flagged for suspicious AU activity. The rep tells me that the AU had personally called in and said they didn't know why (my) credit history was showing up on their credit report. In my mind, I try to keep things as simple as possible and confirmed I added the AU on the stated date, and the relationship to me was a colleague.

I'm told someone from the verification team would be in touch. Just got off the phone with the Elan again today. My account is permanently closed with no chance to contest or reopen. The rep basically said "we don't allow piggybacking because it creates too much risk for the bank". They specifically used that term, so they must've deduced the card was being used for TLs or the AU tipped it off when they called.

I will say that the support I received from Old Company was very good. I brought up the issue right away, they tried all day Friday to get ahold of the AU. When they finally did, AU basically said they forgot they had signed up for and paid for the service (lol what?). They must've panicked or something when they saw it come up on their credit report and contacted the lender directly (big yikes, this is strictly forbidden in Old Company's rules).

On a brighter note, Old Company permanently disbarred said AU from any future business, kept AU's fee, and still paid me the $75 commission. Sucks that this happened so early on the very first AU spot, but hey, that's what you sign up for when engaging in this kind of side hustle. Not a card I really cared about or really used. $14k credit limit with 3 year history. Just unlucky, oh well.

Questions for moving forward:

1. Will that account closure raise alert to other lenders that I'm participating in tradelines? Do I need to lay low for a while?
2. How do I check and pay any open balances on the closed card, so that I'm not docked for late payments?
3. Anyone know if this will hurt my credit? I don't believe it will outside of overall utilization limit plus the credit history removal after 7 years.

P.S. Old Company said that the events above are very rare to occur. And apologized profusely. No hard feelings by me. Again, that's what you're signing up for. Old Company handled it professionally, even called me at 6:00 pm on a Friday to help with resolution.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 02, 2021, 01:55:02 PM
That's insane.  WTF is going on in that AU's life that they could forget about doing this in such a short time frame?  Even if you forgot, how do you not put 2 and 2 together and figure it out once you see that on your credit history?  Did they go into this with zero understanding of how the process works?  My mind is boggling. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on August 02, 2021, 01:58:17 PM
That's insane.  WTF is going on in that AU's life that they could forget about doing this in such a short time frame?  Even if you forgot, how do you not put 2 and 2 together and figure it out once you see that on your credit history?  Did they go into this with zero understanding of how the process works?  My mind is boggling.

Old Company rep and I shared similar feelings of disbelief. Must've glossed it over. I don't really blame Old Company for this. Just a stroke of bad luck. Good news is no one else here will have to play Russian roulette with that person in the system lol.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 02, 2021, 02:54:53 PM
Questions for moving forward:

1. Will that account closure raise alert to other lenders that I'm participating in tradelines? Do I need to lay low for a while?
2. How do I check and pay any open balances on the closed card, so that I'm not docked for late payments?
3. Anyone know if this will hurt my credit? I don't believe it will outside of overall utilization limit plus the credit history removal after 7 years.

I've added dozens of AUs and had a similar situation only once.  So I agree that it's rare.

Answers:

1.  No, and only if you want to, respectively.
2.  Contact the credit card company.  I think you can just pay the outstanding balance on your next regular payment date.
3.  No, other than your available credit will drop and your average account age might change.

Also, FWIW, I don't use TL cards for regular spending in order to avoid the above happening to me.  However, this does raise the risk that a credit analyst looking at my account would more easily see that I'm piggybacking.  My approach is to try to behave in such a way that credit analysts never have occasion to look at my accounts.

And of course, ARS's comments at the beginning of this thread still are true:  don't piggyback on any card you're not OK with it getting shut down.

And @frugalnacho, these TL customers are not the brightest bulbs in the box and/or don't have the best memories / organizational skills.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on August 02, 2021, 03:01:56 PM
Thanks, @arebelspy, for the update on old company taking new cards at this time. I couldn't figure out how to add a new card on their investor portal online, so perhaps we have to contact them another way about the new cards? What is your best advice for mode of contact. PM is fine if you'd rather not post that on the msg board. Thanks again!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on August 02, 2021, 03:21:51 PM
In 7 short months, I've had 2 former AUs call card companies and have themselves removed from my tradelines.  I got paid for both and both broke their contract (1st confirmed, 2nd I'm guessing).  I hope I'm an outlier and unlucky but the 2 cards haven't been canceled.  Sorry to hear yours was and that Elan is sensitive to it.  Old Company's customer service is wonderful.

@Zamboni  - I email old company the information on new cards to sign up.  Just like when you started.  They will add it to the portal, if accepted.

For Discover, I'm stopping my AUs at 6 per rolling 12 months to avoid the 7 limit and them telling me when I can add another AU.  Anyone have more information?  I'm a little gun shy after the AU issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on August 02, 2021, 04:27:16 PM
^Thank you for this info! That is what I will do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on August 02, 2021, 05:52:27 PM
Can we email them now or wait for the official e-newsletter?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 02, 2021, 06:05:50 PM
I couldn't figure out how to add a new card on their investor portal online, so perhaps we have to contact them another way about the new cards? What is your best advice for mode of contact.

Can we email them now or wait for the official e-newsletter?

Yep, emailing them is great.

Anyone can feel free to PM me if you don't have that info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on August 02, 2021, 07:41:38 PM
Questions for moving forward:

1. Will that account closure raise alert to other lenders that I'm participating in tradelines? Do I need to lay low for a while?
2. How do I check and pay any open balances on the closed card, so that I'm not docked for late payments?
3. Anyone know if this will hurt my credit? I don't believe it will outside of overall utilization limit plus the credit history removal after 7 years.

I've added dozens of AUs and had a similar situation only once.  So I agree that it's rare.

Answers:

1.  No, and only if you want to, respectively.
2.  Contact the credit card company.  I think you can just pay the outstanding balance on your next regular payment date.
3.  No, other than your available credit will drop and your average account age might change.

Also, FWIW, I don't use TL cards for regular spending in order to avoid the above happening to me.  However, this does raise the risk that a credit analyst looking at my account would more easily see that I'm piggybacking.  My approach is to try to behave in such a way that credit analysts never have occasion to look at my accounts.

And of course, ARS's comments at the beginning of this thread still are true:  don't piggyback on any card you're not OK with it getting shut down.

And @frugalnacho, these TL customers are not the brightest bulbs in the box and/or don't have the best memories / organizational skills.

Many thanks for your reply and answers. It turns out that I only used this card for 1-2 purchases a month. It carried a very low balance. Is it better to just hook it up to a subscription or something? Or is that suspicious?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 02, 2021, 09:38:27 PM
Making this a separate post, as I think it deserves its own post.

OldCompany is opening enrollment for all cards.

They accept: American Express, Barclays, Capital One, Chase, Citibank, Discover, Elan/Fidelity, Huntington Bank, NFCU, PNC, Synch Bank (Care Credit), TD Bank, and US Bank cards.

Does anyone know if the Rooms to Go credit card works?  It is mysynchrony.com which seems to be the same parent company as care credit. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 02, 2021, 09:42:04 PM
Questions for moving forward:

1. Will that account closure raise alert to other lenders that I'm participating in tradelines? Do I need to lay low for a while?
2. How do I check and pay any open balances on the closed card, so that I'm not docked for late payments?
3. Anyone know if this will hurt my credit? I don't believe it will outside of overall utilization limit plus the credit history removal after 7 years.

I've added dozens of AUs and had a similar situation only once.  So I agree that it's rare.

Answers:

1.  No, and only if you want to, respectively.
2.  Contact the credit card company.  I think you can just pay the outstanding balance on your next regular payment date.
3.  No, other than your available credit will drop and your average account age might change.

Also, FWIW, I don't use TL cards for regular spending in order to avoid the above happening to me.  However, this does raise the risk that a credit analyst looking at my account would more easily see that I'm piggybacking.  My approach is to try to behave in such a way that credit analysts never have occasion to look at my accounts.

And of course, ARS's comments at the beginning of this thread still are true:  don't piggyback on any card you're not OK with it getting shut down.

And @frugalnacho, these TL customers are not the brightest bulbs in the box and/or don't have the best memories / organizational skills.

@Archipelago  I agree with everything secondcor521 said above.  I also had an elan card shut down over tradelines.  I posted about it last year or so ago.  No negative impact really.  They put a remark about account closure in my credit reports but I think it indicated I closed the account actually or was unclear.  They did not shut down my other elan card at the time which was nice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 02, 2021, 11:04:12 PM
Questions for moving forward:

1. Will that account closure raise alert to other lenders that I'm participating in tradelines? Do I need to lay low for a while?
2. How do I check and pay any open balances on the closed card, so that I'm not docked for late payments?
3. Anyone know if this will hurt my credit? I don't believe it will outside of overall utilization limit plus the credit history removal after 7 years.

I've added dozens of AUs and had a similar situation only once.  So I agree that it's rare.

Answers:

1.  No, and only if you want to, respectively.
2.  Contact the credit card company.  I think you can just pay the outstanding balance on your next regular payment date.
3.  No, other than your available credit will drop and your average account age might change.

Also, FWIW, I don't use TL cards for regular spending in order to avoid the above happening to me.  However, this does raise the risk that a credit analyst looking at my account would more easily see that I'm piggybacking.  My approach is to try to behave in such a way that credit analysts never have occasion to look at my accounts.

And of course, ARS's comments at the beginning of this thread still are true:  don't piggyback on any card you're not OK with it getting shut down.

And @frugalnacho, these TL customers are not the brightest bulbs in the box and/or don't have the best memories / organizational skills.

Many thanks for your reply and answers. It turns out that I only used this card for 1-2 purchases a month. It carried a very low balance. Is it better to just hook it up to a subscription or something? Or is that suspicious?

Have you received and read the FAQs from the TL companies?  They specifically answer these questions.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 03, 2021, 09:13:40 PM
Making this a separate post, as I think it deserves its own post.

OldCompany is opening enrollment for all cards.

They accept: American Express, Barclays, Capital One, Chase, Citibank, Discover, Elan/Fidelity, Huntington Bank, NFCU, PNC, Synch Bank (Care Credit), TD Bank, and US Bank cards.

Does anyone know if the Rooms to Go credit card works?  It is mysynchrony.com which seems to be the same parent company as care credit.

Looks like it is only care credit from the email they sent out this week.  (Also, listed above from ARS but I missed it originally).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: sonofsven on August 04, 2021, 05:48:08 AM
ptf
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on August 04, 2021, 09:19:28 AM
I'm enrolling an amex everyday but seeking recommendations of another amex to open to park my rewards balance as a backup in case my card gets murdered.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 04, 2021, 11:18:34 AM

Looks like it is only care credit from the email they sent out this week.  (Also, listed above from ARS but I missed it originally).

For those who have care credit, what's the deal with this card? Can you only use it for healthcare expenses and nothing else? It's not 100% clear from reading their website.

Another question: when you got the card, did they give you a high credit line compared to other issuers?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 04, 2021, 11:26:48 AM

Looks like it is only care credit from the email they sent out this week.  (Also, listed above from ARS but I missed it originally).

For those who have care credit, what's the deal with this card? Can you only use it for healthcare expenses and nothing else? It's not 100% clear from reading their website.

Another question: when you got the card, did they give you a high credit line compared to other issuers?

When my wife got lasik surgery they were running a 0% APR financing, which turns out to just be the care credit card.  Surgery was a little over $4k and I think they put the limit slightly over that at like $5k.  We set up autopayments to complete at the end of the promo period, and never used the card for anything else.  When I found out the old company accepted the care credit card I requested a credit limit increase to $16k to get into the next payment tier and was instantly approved, despite never using the card outside of the original financing like 3 years ago.  Since we never used it I can't comment on how it's actually used (I actually posted the same question a week ago or so).  I'm pretty sure when we originally got the account and they sent us a physical card we decided we were never going to use it, so just shredded it immediately.  Now that we are going to sell TL on it I've requested they send me another physical copy of the card, but it hasn't arrived yet.  When it does I'm going to try and see where/what I can charge on it and will report back in this thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 04, 2021, 01:20:15 PM
Don't Get Fooled

Got the following email that had me immediately creating stories in my head to tell Chase CSR in a phone call:

Quote
Dear Chase OnlineSM Customer:

 

We're writing to let you know that your account locked

To see a detailed notice about this situation, please log on to www.Chase.com and go to the Account Activity page or the Account Notices page for this account.

If you aren't enrolled to receive Paperless Statements and Notices or you think you've received this message in error, please call our Customer Support team immediately. To find the appropriate phone number for your account type, go to the Customer Center on Chase Online click the "Contact us" link.

Please don't reply directly to this automatically-generated e-mail message.

Sincerely,

Online Banking Team

Then I thought about it and hit "block", which tells me the actual email address, which is tin@01tech.hk     Sure sounds NOT like a Chase email address.  The goodest news for me....my 2 Chase cards being regularly sold are still A-OK.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on August 04, 2021, 01:39:40 PM

Looks like it is only care credit from the email they sent out this week.  (Also, listed above from ARS but I missed it originally).

For those who have care credit, what's the deal with this card? Can you only use it for healthcare expenses and nothing else? It's not 100% clear from reading their website.

Another question: when you got the card, did they give you a high credit line compared to other issuers?

When my wife got lasik surgery they were running a 0% APR financing, which turns out to just be the care credit card.  Surgery was a little over $4k and I think they put the limit slightly over that at like $5k.  We set up autopayments to complete at the end of the promo period, and never used the card for anything else.  When I found out the old company accepted the care credit card I requested a credit limit increase to $16k to get into the next payment tier and was instantly approved, despite never using the card outside of the original financing like 3 years ago.  Since we never used it I can't comment on how it's actually used (I actually posted the same question a week ago or so).  I'm pretty sure when we originally got the account and they sent us a physical card we decided we were never going to use it, so just shredded it immediately.  Now that we are going to sell TL on it I've requested they send me another physical copy of the card, but it hasn't arrived yet.  When it does I'm going to try and see where/what I can charge on it and will report back in this thread.

My original card (the closed one) had a CL of +20k (don't remember exactly and don't really want to waste time on that). I think this is their max. I have other cards with similar CL, so I guess the same as others. My new card that I got absolutely right away (which is very nice of them) has only $5.5K CL, and I still mature it, so don't really care about the CL as of right now, plus I don't use it now (even for vet bills).

Usage: my old card was used heavily for vet appointments, pets emergency rooms and such, you can put (don't quote me - vet's offices would tell you better) >$200 on 6m financing. They have 9 and 12m financing for more expensive purchases (when you have financing on you card, it's a balance that counts for TL purposes as long as it's less than 10% of your CL). When I didn't have any financing on the card, I was able to use the card at Walmart for purchasing beauty products which actually included soap and shampoo, vitamins and such. I'm pretty sure there is a list of all those things on their website (I didn't try to find the list bc I thought by the time I get the link or a pic here, someone would have posted it already).

What I usually do with my cards used for TLs only: I find one-two days a months when I can use all of them to post (they close on different dates and I like to keep it that way). So, for example on the 23rd each month I personally go to Walmart and buy bread or something that we always need and then pay with a different card for each bread (as long as the purchase is >$2 so it's not "forgiven"). And with care credit I pay for soap or vitamins. It does look weird, but I use self service and as long as I don't steal, I don't think anybody minds.

I'm pretty sure you can use Care credit in dental office (not all, just ask), some private clinics. They extend the list every year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 04, 2021, 02:11:06 PM

Looks like it is only care credit from the email they sent out this week.  (Also, listed above from ARS but I missed it originally).

For those who have care credit, what's the deal with this card? Can you only use it for healthcare expenses and nothing else? It's not 100% clear from reading their website.

Another question: when you got the card, did they give you a high credit line compared to other issuers?

When my wife got lasik surgery they were running a 0% APR financing, which turns out to just be the care credit card.  Surgery was a little over $4k and I think they put the limit slightly over that at like $5k.  We set up autopayments to complete at the end of the promo period, and never used the card for anything else.  When I found out the old company accepted the care credit card I requested a credit limit increase to $16k to get into the next payment tier and was instantly approved, despite never using the card outside of the original financing like 3 years ago.  Since we never used it I can't comment on how it's actually used (I actually posted the same question a week ago or so).  I'm pretty sure when we originally got the account and they sent us a physical card we decided we were never going to use it, so just shredded it immediately.  Now that we are going to sell TL on it I've requested they send me another physical copy of the card, but it hasn't arrived yet.  When it does I'm going to try and see where/what I can charge on it and will report back in this thread.

My original card (the closed one) had a CL of +20k (don't remember exactly and don't really want to waste time on that). I think this is their max. I have other cards with similar CL, so I guess the same as others. My new card that I got absolutely right away (which is very nice of them) has only $5.5K CL, and I still mature it, so don't really care about the CL as of right now, plus I don't use it now (even for vet bills).

Usage: my old card was used heavily for vet appointments, pets emergency rooms and such, you can put (don't quote me - vet's offices would tell you better) >$200 on 6m financing. They have 9 and 12m financing for more expensive purchases (when you have financing on you card, it's a balance that counts for TL purposes as long as it's less than 10% of your CL). When I didn't have any financing on the card, I was able to use the card at Walmart for purchasing beauty products which actually included soap and shampoo, vitamins and such. I'm pretty sure there is a list of all those things on their website (I didn't try to find the list bc I thought by the time I get the link or a pic here, someone would have posted it already).

What I usually do with my cards used for TLs only: I find one-two days a months when I can use all of them to post (they close on different dates and I like to keep it that way). So, for example on the 23rd each month I personally go to Walmart and buy bread or something that we always need and then pay with a different card for each bread (as long as the purchase is >$2 so it's not "forgiven"). And with care credit I pay for soap or vitamins. It does look weird, but I use self service and as long as I don't steal, I don't think anybody minds.

I'm pretty sure you can use Care credit in dental office (not all, just ask), some private clinics. They extend the list every year.

I don't use vet or dr services frequently enough to ensure I get a charge on every cycle. 

I've read on their website how it can be used at certain vendors for OTC medicine and health/beauty stuff, but I don't understand the mechanism.  How do they differentiate between aspirin and soda when I'm at the register? I know CVS can differentiate between them, but when the card is scanned how does synchrony know what exactly is being purchased? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on August 04, 2021, 02:35:20 PM

Looks like it is only care credit from the email they sent out this week.  (Also, listed above from ARS but I missed it originally).

For those who have care credit, what's the deal with this card? Can you only use it for healthcare expenses and nothing else? It's not 100% clear from reading their website.

Another question: when you got the card, did they give you a high credit line compared to other issuers?

When my wife got lasik surgery they were running a 0% APR financing, which turns out to just be the care credit card.  Surgery was a little over $4k and I think they put the limit slightly over that at like $5k.  We set up autopayments to complete at the end of the promo period, and never used the card for anything else.  When I found out the old company accepted the care credit card I requested a credit limit increase to $16k to get into the next payment tier and was instantly approved, despite never using the card outside of the original financing like 3 years ago.  Since we never used it I can't comment on how it's actually used (I actually posted the same question a week ago or so).  I'm pretty sure when we originally got the account and they sent us a physical card we decided we were never going to use it, so just shredded it immediately.  Now that we are going to sell TL on it I've requested they send me another physical copy of the card, but it hasn't arrived yet.  When it does I'm going to try and see where/what I can charge on it and will report back in this thread.

My original card (the closed one) had a CL of +20k (don't remember exactly and don't really want to waste time on that). I think this is their max. I have other cards with similar CL, so I guess the same as others. My new card that I got absolutely right away (which is very nice of them) has only $5.5K CL, and I still mature it, so don't really care about the CL as of right now, plus I don't use it now (even for vet bills).

Usage: my old card was used heavily for vet appointments, pets emergency rooms and such, you can put (don't quote me - vet's offices would tell you better) >$200 on 6m financing. They have 9 and 12m financing for more expensive purchases (when you have financing on you card, it's a balance that counts for TL purposes as long as it's less than 10% of your CL). When I didn't have any financing on the card, I was able to use the card at Walmart for purchasing beauty products which actually included soap and shampoo, vitamins and such. I'm pretty sure there is a list of all those things on their website (I didn't try to find the list bc I thought by the time I get the link or a pic here, someone would have posted it already).

What I usually do with my cards used for TLs only: I find one-two days a months when I can use all of them to post (they close on different dates and I like to keep it that way). So, for example on the 23rd each month I personally go to Walmart and buy bread or something that we always need and then pay with a different card for each bread (as long as the purchase is >$2 so it's not "forgiven"). And with care credit I pay for soap or vitamins. It does look weird, but I use self service and as long as I don't steal, I don't think anybody minds.

I'm pretty sure you can use Care credit in dental office (not all, just ask), some private clinics. They extend the list every year.

I don't use vet or dr services frequently enough to ensure I get a charge on every cycle. 

I've read on their website how it can be used at certain vendors for OTC medicine and health/beauty stuff, but I don't understand the mechanism.  How do they differentiate between aspirin and soda when I'm at the register? I know CVS can differentiate between them, but when the card is scanned how does synchrony know what exactly is being purchased?

An absolutely legitimate question, and I don't have an answer to that. To be honest, this question has never crossed my mind, like the question of the mechanism of a car motor, or how exactly I can talk to my daughter over a phone and see her face if I want to video chat. All legitimate questions - I admit.

You could call and ask them - you'll be talking to them once you get AUs, Their website doesn't allow for SS# and they won't take it over the phone. And if memory serves me correctly, you can only add on line, and have to call to remove. But I have never had a problem with them not posting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on August 04, 2021, 03:06:43 PM


I don't use vet or dr services frequently enough to ensure I get a charge on every cycle.
 


I don't think I have explained that part clear enough. You go one time to a dr, like for a colonoscopy (I know, you are not at the age yet), or whatever guys do these days. Well, you go to a dentist at lease once a year, correct? if you have cavities and stuff, and once a year x-ray. If your bill is $300, you put it on care credit 6 months financing and you pay it off over 6m (it's zero interest), and this balance counts for TL purposes, you don't need to make any other purchases on the card. As long as your purchase is less than 10% of you CL and your dentist accepts care credit - you are set for 6m till the next dental appointment.
What I'm trying to say is that you only go once or twice to a dr/year, once if your bill is high enough to be put on a 12m zero interest financing. And don't pay it off until the end of your financing period.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on August 05, 2021, 04:18:51 PM
I just added 3 Amex cards yesterday to the Old Company and I already have an order today!  I like that Amex is very simple to add a person online.  Does anyone know if removal can also be done online?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on August 05, 2021, 04:33:21 PM
Would I be a jerk if I repeated a question I have about Amex? I feel like my post probably got lost in the kerfuffle that ensued.

On the site it looks like there may be no way to decline having a physical card shipped out.

Does anyone know if the mail piece is sent to the AU's name or to the cardholder's?

(They say it is sent to our address, but we know about some posties having issues with us getting mail in others' names.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 05, 2021, 04:47:17 PM
I don't know for Amex--maybe someone can report once they have an Amex card sent to them?

Some issuers put it in your name, some in the AUs name. If your mail person doesn't deliver it, it's not a big deal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on August 05, 2021, 05:31:26 PM
Thanks ARS. Yes, I know that it varies among issuers, hence my question.

I was thinking that others may already know what happens from either using other tradeline companies or the more usual AUs like family members.

I suppose it's not a big deal, but I'm a little squirmy when my mail person delivers something with circled names and question marks all over it, haha. I feel like they're just waiting to denounce me to the Powers That Be. I wouldn't want a pile of cards returned to Amex to flag me as a dirty fraudster in their system, yannow? ;)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on August 06, 2021, 02:32:26 AM
I've gotten Amex AU cards addressed to their name

 and I wouldn't worry, mailmen have to constantly look away from much much shadier stuff than potential credit piggybacking
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 06, 2021, 08:07:15 AM


I don't use vet or dr services frequently enough to ensure I get a charge on every cycle.
 


I don't think I have explained that part clear enough. You go one time to a dr, like for a colonoscopy (I know, you are not at the age yet), or whatever guys do these days. Well, you go to a dentist at lease once a year, correct? if you have cavities and stuff, and once a year x-ray. If your bill is $300, you put it on care credit 6 months financing and you pay it off over 6m (it's zero interest), and this balance counts for TL purposes, you don't need to make any other purchases on the card. As long as your purchase is less than 10% of you CL and your dentist accepts care credit - you are set for 6m till the next dental appointment.
What I'm trying to say is that you only go once or twice to a dr/year, once if your bill is high enough to be put on a 12m zero interest financing. And don't pay it off until the end of your financing period.

Is everything 0% with this card?  I can't find an APR anywhere in my account.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 06, 2021, 08:26:31 AM
I don't know for Amex--maybe someone can report once they have an Amex card sent to them?

Some issuers put it in your name, some in the AUs name. If your mail person doesn't deliver it, it's not a big deal.

For AmEx, the card is mailed in the user's name, not yours. It is important that you receive and activate the card though, because if you don't activate the card it may not report.

Side note, I constantly get cards and junk mail in the name of authorized users - probably more than what I receive in my name. One time, the postmaster wrote ??? on an envelope - I'm sure they were wondering! But yeah, I really don't worry about what they think.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 06, 2021, 08:51:14 AM

For AmEx, the card is mailed in the user's name, not yours. It is important that you receive and activate the card though, because if you don't activate the card it may not report.

Side note, I constantly get cards and junk mail in the name of authorized users - probably more than what I receive in my name. One time, the postmaster wrote ??? on an envelope - I'm sure they were wondering! But yeah, I really don't worry about what they think.

What happens if the card is not delivered because it's not in your name? Can you still activate it online?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 06, 2021, 08:59:01 AM
Does it really need to be activated for amex?  I've never activated any other AU cards and they report fine, but I've never added an AU to amex.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on August 06, 2021, 10:04:08 AM
Thanks for the answers so far, everyone.

I've gotten Amex AU cards addressed to their name

 and I wouldn't worry, mailmen have to constantly look away from much much shadier stuff than potential credit piggybacking

Haha, I'm sure you're so right!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 06, 2021, 10:49:40 AM
Whether the envelope with the original CC comes in your name or the AU name varies by issuer.  I've seen it both ways.

Whether the mailman delivers the original CC can depend on the enthusiasm of the mailman.  I think the most likely behavior is to deliver it with no question (which is really the right answer; it's not the mailman's job to monitor and decide what gets delivered and what doesn't).  Sometimes they write "??" on it as well.

For the later junk mail, if it is First Class (and also possibly if it has address service requested), you can write "return to sender - not at this address) and drop it back in the mail, and the sender should stop.  Or if it's not First Class, you can just shred it, since that's what the post office will do if you try to return to sender.

I have been trying lately to do return to sender, just so my mailman has an easier job of it.  I figure eventually it will stop.

You can in theory activate most cards without the actual card.  I did have one issuer last week who sent a card and they wanted the three digit security code from the card in order to activate it, so obviously that would be problematic if you didn't receive the card for any reason.

I try to have cards sent and always active them, although I don't do purchases with the actual AU card (only my own "parent" card).  That system has worked for me at nearly 100% success rate.  But I know many others don't even have a card sent, or don't activate them, and also have success.  Up to you I guess.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 06, 2021, 12:02:20 PM
Does it really need to be activated for amex?  I've never activated any other AU cards and they report fine, but I've never added an AU to amex.

I've been told by the company I've worked with selling AmEx that you do need to both get the card and activate it to ensure posting. You need to input the full card number when activating, along with the 4 digit code and last 4 of the user's SSN.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 06, 2021, 12:07:31 PM
Another reason to have a card sent is if it doesn't post, but you find it's listed on the CC page.  Getting that screen shot and a picture of the actual credit could get you paid.  I've had it happen where sometimes I still get paid and sometimes I don't.

Once or twice, the AU was too stupid to even get the credit bump.  They challenged the entry with the cc company.  I got paid those times.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 07, 2021, 04:54:30 PM
How many spots are you all doing on amex's?  I didn't specify and it looks like they set to 1 which seems lows.  I am thinking 2 or 3 to start.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 07, 2021, 07:16:50 PM
Mine were also set to 1 per amex card
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 08, 2021, 04:44:09 AM
How many spots are you all doing on amex's?  I didn't specify and it looks like they set to 1 which seems lows.  I am thinking 2 or 3 to start.

From my registration email:

"I've got your card added to the system! With Amex we'll start with one spot. After we see it post on the credit report we can add another spot. We haven't nailed down how many AUs you can have at once and their website doesn't provide much information about that. Until we confirm their AU limit (and risk) we'll keep them around 2-3 spots."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 08, 2021, 10:54:17 AM
How many spots are you all doing on amex's?  I didn't specify and it looks like they set to 1 which seems lows.  I am thinking 2 or 3 to start.

From my registration email:

"I've got your card added to the system! With Amex we'll start with one spot. After we see it post on the credit report we can add another spot. We haven't nailed down how many AUs you can have at once and their website doesn't provide much information about that. Until we confirm their AU limit (and risk) we'll keep them around 2-3 spots."

Thanks!!!  I didn't get that extra info in my response.  Appreciate it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on August 08, 2021, 12:59:09 PM
Is the old company taking Barclays? I have heard mixed news about Barclays reporting in July and August.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on August 08, 2021, 02:29:33 PM
Is the old company taking Barclays? I have heard mixed news about Barclays reporting in July and August.

Yes but it's currently on pause until that Barclays reporting getting sorted out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 09, 2021, 08:42:49 AM
About Barclays misreporting: how does credit bureau reporting by banks generally work? Are they supposed to report to all the bureaus? What happens if they stop reporting to one of them or more? Do they stop getting credit report data from that bureau too? If they can choose which bureaus to report their data to, what's stopping all of them from just dropping one bureau and getting making tradeline reporting useless?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 09, 2021, 02:31:16 PM
About Barclays misreporting: how does credit bureau reporting by banks generally work? Are they supposed to report to all the bureaus? What happens if they stop reporting to one of them or more? Do they stop getting credit report data from that bureau too? If they can choose which bureaus to report their data to, what's stopping all of them from just dropping one bureau and getting making tradeline reporting useless?

AFAIK:

Issuers of credit can choose to which credit bureaus to report their customer's credit activity.

Nothing will happen if they choose not to report to one or more.  Except that customers usually appreciate the credit reporting done on them because it helps them build their credit file, so there may be some customer pressure to do so.

Pulling credit reports and reporting credit activity are two independent activities.  The latter does not impact the former.  The former costs the bank (or landlord) a fee for each report.  I'm not sure how much, but that's why there is often an application fee for renting an apartment.  The application fee covers the credit report fee plus a bit for the landlord hassling with your application.

Credit issuers continue to report credit activity to credit bureaus because it's a mutually beneficial ecosystem.  All credit issuers want to know if their potential customers are creditworthy.  To the extent that they can manage their credit risk properly, they can make more money.  Reporting credit activity helps them do so; therefore they have a pecuniary self-interest that will continue.

TL reporting is a cost for the credit card companies, both in terms of the overhead of sending out cards and providing IT support for adding and removing users online.  I suspect also sometimes their is a cost to potentially mispricing the credit risk.  But it's a leak in their process which they have decided is still a net positive for their business model, so they put up with the losses which are relatively small compared to everything else.

It's possible all of this will change if the ecosystem evolves, or technology changes, or something.  But I would guess the current system will continue for a few more years based on my observations of playing credit card games for about 15 years.  The game changes every 3-5 years.  But there are always games to play.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on August 18, 2021, 08:59:06 AM
Hey,
I finally got my first sale on the old company. It was a Chase Explorer and when I added it I saw a warning that there is a $75 fee to add an AU to the Chase Sapphire Reserve. I had never heard of this before so I thought you all should know (of course I haven't read the whole thread yet, still working on it, so this could have been mentioned).
Also, a quick question, I am still a newbie and I am opening cards to use in the future, when trying to decide which cards to open it seems that the most relevant factor is how many AU can be added and it seems that the best option in this regard is the Barclays cards, where you can add 5 AU per cycle, is this correct? Seems like Barclays is the most lenient of issuers.
Your input will be appreciated.
Finally, a thought popped in my head last night: if a card gives you 5 AU*6 sales per year*$200 = $6,000 yearly. At the 4% FIRE estimation the card is worth $150,000. I am starting to have a lot of respect for my little plastics (and metals). And once you have 7 cards you are a "tradelines millionaire"?
Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on August 18, 2021, 09:55:08 AM
@kindoflost  I'm trying to answer the same questions.  Yes, some cards charge for adding AU.

I read the "how to add AU" FAQ and decided I didn't want to call to add or remove AU.  I'm targeting the online add cards for the first year.  I'm getting denials for too many new lines of credit and paltry credit limits, so choose yours carefully.  Followed by sign up bonuses and high credit limits.  What I have learned/am learning:  the more applications, the higher your risk to the banks and the lower the credit limit.  The lower the credit limit, the lower the potential earnings.  It is a trade off.  Quality versus quantity.  I'm targeting quality because I'm lazy.

You are also assuming that your cards will sell out every year.  This is a best case scenario and subject to the whims of the market and buyers.  Yes, the potential is there.  Reality will slap you in the face with a cold fish. 

Not wanting to throw cold water on your parade and I like your enthusiasm, I suggest you research a bit more before diving in.  I was researching on the way down and found the bottom.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on August 18, 2021, 10:57:40 AM
Hey,
I finally got my first sale on the old company. It was a Chase Explorer and when I added it I saw a warning that there is a $75 fee to add an AU to the Chase Sapphire Reserve. I had never heard of this before so I thought you all should know (of course I haven't read the whole thread yet, still working on it, so this could have been mentioned).
Also, a quick question, I am still a newbie and I am opening cards to use in the future, when trying to decide which cards to open it seems that the most relevant factor is how many AU can be added and it seems that the best option in this regard is the Barclays cards, where you can add 5 AU per cycle, is this correct? Seems like Barclays is the most lenient of issuers.
Your input will be appreciated.
Finally, a thought popped in my head last night: if a card gives you 5 AU*6 sales per year*$200 = $6,000 yearly. At the 4% FIRE estimation the card is worth $150,000. I am starting to have a lot of respect for my little plastics (and metals). And once you have 7 cards you are a "tradelines millionaire"?
Thanks

It certainly would not make sense to do this on a card that charges for AU's, such as the CSR.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 18, 2021, 11:08:15 AM
Hey,
I finally got my first sale on the old company. It was a Chase Explorer and when I added it I saw a warning that there is a $75 fee to add an AU to the Chase Sapphire Reserve. I had never heard of this before so I thought you all should know (of course I haven't read the whole thread yet, still working on it, so this could have been mentioned).
Also, a quick question, I am still a newbie and I am opening cards to use in the future, when trying to decide which cards to open it seems that the most relevant factor is how many AU can be added and it seems that the best option in this regard is the Barclays cards, where you can add 5 AU per cycle, is this correct? Seems like Barclays is the most lenient of issuers.
Your input will be appreciated.
Finally, a thought popped in my head last night: if a card gives you 5 AU*6 sales per year*$200 = $6,000 yearly. At the 4% FIRE estimation the card is worth $150,000. I am starting to have a lot of respect for my little plastics (and metals). And once you have 7 cards you are a "tradelines millionaire"?
Thanks

Yes, Chase charges for AUs on some of their premium CCs - CSR and probably also CSP, maybe others.  It sounds like in your case that this message was just a generic message and didn't apply because your card was not one of the ones that charge the AU fee.  Usually you can downgrade the CC from the premium one to a no-annual-fee card.  You'll keep the same credit line and age and can still add AUs, but there won't be the $75 charge.  But you'll also lose whatever premium benefits you got with the premium card (for example, you might lose the premium for spending UR points).  You'll have to make the tradeoffs for yourself.

I look at a lot of factors when deciding which cards to open - number of slots would be one of those factors.  Right now the main factor for me is issuer.  I have a lot of credit lines with all the major issuers; if I apply for new cards with them they're likely to move CL from my existing lines to the new cards.  Which is fine, except they might move CL from an existing card that I'm already using for piggybacking, which would be problematic, especially if I have an active AU on there - they would not get what was contracted for.  So my next round of cards will be with issuers who (a) are accepted by the TL company I use, and (b) with whom I currently do not have any cards.  YMMV.

Barclays is lenient.  I think as @Nutty said, it's also nice to know which issuers are easy to add and remove.  I like CapOne, because online add and remove is very easy.  The other factor, if you're doing the math on that, is how long an AU needs to be on the card.  With the TL company I use, some issuers are 2 months, some are 3 months, and others are 4 months.

As @Nutty also said, there are a lot of buyers for TLs, but there are also a lot of sellers as well, so you shouldn't expect to sell every slot every month.  I don't even know what the average number of slots sold vs. available is, but I'd guess it's way under 50% and probably even under 25%.  It's also not very clear to me how the TL companies allocate sales.  I think it varies a lot from person to person.

But yeah, your notion of being a TL millionaire is probably essentially accurate after you (a) account for the load factor mentioned in the previous paragraph, (b) account for the risk of getting individual cards shut down - which does happen to people on a regular basis, and (c) account for the risk the piggybacking game could get shut down entirely or just winnowed down by CC restrictions.  There are at least several people here who have solid four figure side gigs just on TLs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 18, 2021, 11:50:53 AM
As with most things, your selling depends on supply and demand. It is possible but unrealistic to think that you will sell every slot with every opportunity you get.

Even if you do, which you won’t, there are other factors that will come into play. A card might be sold but might not post, which generally means you don’t get paid. You can get your card shut down after a few months of doing this which means no more income from that card and possible other cards from that issuer.

That said, you make money for doing very little work. So totally worth it, but I think it’s helpful to adjust your expectations going into it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on August 18, 2021, 12:02:00 PM
@kindoflost you are getting good replies to your questions, and I like your zeal for the upsides!

Here is something you aren't thinking about: some issuers cap the total lifetime number of AU you can put on a card. This is something that Barclays does. Once you reach that max, then that card is toast from a TL perspective. So, a good tradeline card is not an infinite well of money . . . it's more of a "well, that was nice while it lasted!" side income situation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on August 19, 2021, 09:28:40 AM
@kindoflost you are getting good replies to your questions, and I like your zeal for the upsides!

Here is something you aren't thinking about: some issuers cap the total lifetime number of AU you can put on a card. This is something that Barclays does. Once you reach that max, then that card is toast from a TL perspective. So, a good tradeline card is not an infinite well of money . . . it's more of a "well, that was nice while it lasted!" side income situation.

Not necessarily. There are 2 ways to "reset" the number of users.

1. Obtaining another card from the same lender and transferring your credit limit/history to that card. I did this with an Amex switch to Visa. Elan Financial was the lender.

2. [UNCONFIRMED] When you are issued a new card after your current card is expired, it resets the # of accumulated AUs. Someone would need to confirm if this is true.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 19, 2021, 01:46:50 PM
Just got my first amex order.  Super easy to add online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on August 19, 2021, 01:52:36 PM
^Warning: save the last four of the client's SS#, because Amex now has a sticker on the card that comes in the mail that they will cancel the card if you don't activate it and put in the last four digits of the SS# during activation. Old company has advised me to both save that info and to activate and hang onto cards now for at least the first month cycle to make sure everything goes through ok.

Edited to add: Congrats, Frugalnacho!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 19, 2021, 02:03:41 PM
^Warning: save the last four of the client's SS#, because Amex now has a sticker on the card that comes in the mail that they will cancel the card if you don't activate it and put in the last four digits of the SS# during activation. Old company has advised me to both save that info and to activate and hang onto cards now for at least the first month cycle to make sure everything goes through ok.

Edited to add: Congrats, Frugalnacho!

Do you need both the AU card and the last 4 digits to activate it? Or do you just need access to your online account and 4 digits, without the AU card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 19, 2021, 02:04:31 PM
Well fuck, I already added them and cleared the notification from the portal.  I was not aware I needed to save that info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 19, 2021, 03:13:07 PM
so I'm having trouble with this AMEX requirement. I received the card, and went to activate it on the AMEX website. I entered the card number and the 4-digit security code, and then was greeted with a message that:

"This Card cannot be linked to this User ID. A separate User ID is required."

and it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

funny thing is, when I go to the "Manage Additional Card Members" page in my account, the Authorized user shows up there just fine.

I have no idea if I did things right or not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on August 19, 2021, 05:25:20 PM
it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

I got this with Amex also and did the same as you (just closed out and didn't create the new user ID). AU's are all showing up on my online portal . . . even the one that I trashed before I realized I needed to activate the card with the SS#. I mean it's right there on the sticker on the card, but I don't look closely at those anymore. I've just been shredding cards. I guess we'll see if they post?

Well fuck, I already added them and cleared the notification from the portal.  I was not aware I needed to save that info.

If it's for Old company, just call them and they can advise you what to do. If you haven't gotten the cards yet, then they will give you the last four digits you need for the new AU's. She said they were in the process of keeping that info on the listings we can continue to see after adding new AU's, but that it wasn't up and running yet. She also said they had something about it in their latest newsletter, but I didn't see that. Pretty sure my email sorts that newsletter to the "promotions".

Do you need both the AU card and the last 4 digits to activate it? Or do you just need access to your online account and 4 digits, without the AU card?


I needed both their new card number and their 4 digits to activate the card. It said right on the sticker on the card that they would cancel it if it wasn't activated. Seems like Amex is trying their best to quash the tradeline piggybacking. We'll see how serious they are if they start canceling our primary cards. I use mine quite a bit, so that would be a money losing proposition for them in my case.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 20, 2021, 08:13:58 AM
Yeah it's old company.  I emailed and she emailed me the needed numbers so I can activate when it comes.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on August 20, 2021, 08:26:07 AM
Is activating the card actually needed? I haven’t used old company yet, but I have never activated any card with 2 other tradeline companies, even with Amex, and have never had any problems posting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 20, 2021, 08:34:26 AM
Another amex slot sold.  Amex piggybacking is so hot right now. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 20, 2021, 09:19:23 AM
Is activating the card actually needed? I haven’t used old company yet, but I have never activated any card with 2 other tradeline companies, even with Amex, and have never had any problems posting.

Old company wrote in their 8/11/2021 email:

"Important! We have reports of Amex canceling cards if you do not active them for the authorized user after 30 days. Please activate your AU cards once you receive them."

You do you.  It's an extra 2 minutes for me to activate them and worth it to me to reduce the risk of non-posting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 20, 2021, 11:59:22 AM
Is activating the card actually needed? I haven’t used old company yet, but I have never activated any card with 2 other tradeline companies, even with Amex, and have never had any problems posting.

Old company wrote in their 8/11/2021 email:

"Important! We have reports of Amex canceling cards if you do not active them for the authorized user after 30 days. Please activate your AU cards once you receive them."

You do you.  It's an extra 2 minutes for me to activate them and worth it to me to reduce the risk of non-posting.

With the old company, be sure to jot down or document the last 4 of the user's SS#, you will need that to activate the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on August 20, 2021, 06:35:03 PM
it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

I got this with Amex also and did the same as you (just closed out and didn't create the new user ID). AU's are all showing up on my online portal . . . even the one that I trashed before I realized I needed to activate the card with the SS#. I mean it's right there on the sticker on the card, but I don't look closely at those anymore. I've just been shredding cards. I guess we'll see if they post?
case.

So are we just getting a different interface than everyone else? People keep posting here to make sure you have the SS# to activate the card, and I do have them, but there is no opportunity to enter them anywhere. I enter the card number and the card security code, and i get prompted to create a new account.

I guess I did enter the full SSN when I was adding them in the first place, but thats it. I might just call amex to figure out how in the world to confirm/activate these cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 22, 2021, 08:53:56 AM
For US Bank, is it possible to add an AU online or is it over the phone only? I can't find that option on their website.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 22, 2021, 09:41:53 AM
For US Bank, is it possible to add an AU online or is it over the phone only? I can't find that option on their website.

Phone only per Old Company "Adding Authorized Users 2019" document.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 22, 2021, 09:48:06 AM
Any news or theories on what is going on with Barclays?  Most of my cards are barclays... :(
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 22, 2021, 01:07:44 PM
For US Bank, is it possible to add an AU online or is it over the phone only? I can't find that option on their website.

Phone only per Old Company "Adding Authorized Users 2019" document.

I found the document and yes, it says "phone only". However, it requires that you add name, ssn and dob which you can also add online (under customer service -> self service).

https://www.usbank.com/customer-service/knowledge-base/KB0069802.html

For those who use US Bank, have you successfully added AUs online?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jamaicaspanish on August 22, 2021, 02:24:05 PM
Have successfully added seven AUs to US Bank in the past year.
All online.
I was able to remove them online, as well. It just took an email to customer service.
As always, YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on August 22, 2021, 08:20:59 PM
Have successfully added seven AUs to US Bank in the past year.
All online.
I was able to remove them online, as well. It just took an email to customer service.
As always, YMMV.

Me too, for US Bank I add on line, but remove over the phone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on August 24, 2021, 06:07:37 AM
I see from an email sent by the new company that their policy is to pay 10 weeks after the "reporting date" of a sale. However, I can't find mention of what the reporting date refers to. Anyone know?

Also, curious if people use direct deposit with the new company? On the one hand, I'm sure there'd be no issue, but on the other I'm a little reluctant because they seem, well, slimy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 24, 2021, 09:39:13 AM
I see from an email sent by the new company that their policy is to pay 10 weeks after the "reporting date" of a sale. However, I can't find mention of what the reporting date refers to. Anyone know?

Also, curious if people use direct deposit with the new company? On the one hand, I'm sure there'd be no issue, but on the other I'm a little reluctant because they seem, well, slimy.

Their payments are super frustrating. It's often way late, have to be followed up by email etc. By far the worst part of their company, and frankly I recommend anyone switch their cards that are eligible to Old Company.  That being said, it is better to use a good company that pays slow than one that isn't a good company or vets AUs right, etc., so I do still use them, but just very frustrated. :)

I do use direct deposit. I don't think they're slimy, personally, just really stretched thin and not on top of all aspects of business and organization in the way they should.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on August 24, 2021, 09:44:44 AM
I opened a separate bank account for tradeline sales. Mostly because my primary bank is Chase and I have some Chase credit cards enrolled for tradeline sales and I didn't want anyone at Chase noticing the name of the company depositing into my account if they become aware of the transfer companies.  Just an added layer of security.  And it's nice to see tradeline income building up all in one account separate from my normal day-in day-out money.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 24, 2021, 06:00:03 PM
I opened a separate bank account for tradeline sales. Mostly because my primary bank is Chase and I have some Chase credit cards enrolled for tradeline sales and I didn't want anyone at Chase noticing the name of the company depositing into my account if they become aware of the transfer companies.  Just an added layer of security.  And it's nice to see tradeline income building up all in one account separate from my normal day-in day-out money.

I also keep it separate from my primary checking account.

I think I did it at first because the whole thing seemed sketchy :)  Been a few years so I forget now...



So.... anyone know what's up with barclays??  :)  I have one pending from a previous sale but the rest are on hold, like everyone else.   Curious minds want to know... I accept theories and speculation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 24, 2021, 06:41:11 PM
I opened a separate bank account for tradeline sales. Mostly because my primary bank is Chase and I have some Chase credit cards enrolled for tradeline sales and I didn't want anyone at Chase noticing the name of the company depositing into my account if they become aware of the transfer companies.  Just an added layer of security.  And it's nice to see tradeline income building up all in one account separate from my normal day-in day-out money.

I also keep it separate from my primary checking account.

I think I did it at first because the whole thing seemed sketchy :)  Been a few years so I forget now...



So.... anyone know what's up with barclays??  :)  I have one pending from a previous sale but the rest are on hold, like everyone else.   Curious minds want to know... I accept theories and speculation.

They stopped reporting. Tentative testing is occurring to see is it is an ongoing problem or glitch. Cards paused until it's figured out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 24, 2021, 06:46:17 PM
I opened a separate bank account for tradeline sales. Mostly because my primary bank is Chase and I have some Chase credit cards enrolled for tradeline sales and I didn't want anyone at Chase noticing the name of the company depositing into my account if they become aware of the transfer companies.  Just an added layer of security.  And it's nice to see tradeline income building up all in one account separate from my normal day-in day-out money.

I also keep it separate from my primary checking account.

I think I did it at first because the whole thing seemed sketchy :)  Been a few years so I forget now...



So.... anyone know what's up with barclays??  :)  I have one pending from a previous sale but the rest are on hold, like everyone else.   Curious minds want to know... I accept theories and speculation.

They stopped reporting. Tentative testing is occurring to see is it is an ongoing problem or glitch. Cards paused until it's figured out.

Thanks ARS!  I appreciate the update.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on August 25, 2021, 08:47:44 AM
hey guys, after finally waiting a year I finally got signed on the sell Tradeslines, yay!

I am ading my first authorized user to my Chase Freedom card online and I'm greeted with the following:

Share the convenience of your account with others. When you give others access to your account, each user will receive his or her own personal card and can enjoy full access to that account. To add a new user, tell us the information below and choose "Add authorized user."
When you add authorized users, keep in mind:
You're responsible to repay all balances on this account (authorized users can still charge to the account, but they aren't financially responsible).
For the authorized user, we'll report this account as an authorized user's account to credit reporting agencies, which can affect his or her credit score.
We'll send all correspondence (including credit cards, statements and notifications) to the primary account holder's address.
For Chase Sapphire Reserve® and J.P. Morgan Reserve®, there's a $75 annual fee for each additional authorized user card.

I'm worried about the verbage " each user will receive his or her own personal card and can enjoy full access"  It does say it will send all correspondence to primary card holders address.

Before I submit, I just want to confirm that the credit card will not be sent to them.

Can anyone verify to set my mind at ease.

Thanks!

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 25, 2021, 09:36:34 AM
hey guys, after finally waiting a year I finally got signed on the sell Tradeslines, yay!

I am ading my first authorized user to my Chase Freedom card online and I'm greeted with the following:

Share the convenience of your account with others. When you give others access to your account, each user will receive his or her own personal card and can enjoy full access to that account. To add a new user, tell us the information below and choose "Add authorized user."
When you add authorized users, keep in mind:
You're responsible to repay all balances on this account (authorized users can still charge to the account, but they aren't financially responsible).
For the authorized user, we'll report this account as an authorized user's account to credit reporting agencies, which can affect his or her credit score.
We'll send all correspondence (including credit cards, statements and notifications) to the primary account holder's address.
For Chase Sapphire Reserve® and J.P. Morgan Reserve®, there's a $75 annual fee for each additional authorized user card.

I'm worried about the verbage " each user will receive his or her own personal card and can enjoy full access"  It does say it will send all correspondence to primary card holders address.

Before I submit, I just want to confirm that the credit card will not be sent to them.

Can anyone verify to set my mind at ease.

Thanks!

Verified by the Old Company and the New Company in their documentation.

Verified by the language on the Chase website when you actually go to add the user that you quoted.

Verified by me, who has done it a number of times on Chase.

Understandable to be nervous though the first few times.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on August 25, 2021, 09:45:40 AM
Thank you for confirming! Yes, first one jitters :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on August 25, 2021, 09:52:19 AM
sorry one more question. When adding online I don't see a field for the AU social security #. I know from reading the documentation it stated explicitly that the SSN needs to be added or it won;t post correctly. Do I need to call Chase instead of adding online?

Thanks again!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 25, 2021, 10:12:02 AM
sorry one more question. When adding online I don't see a field for the AU social security #. I know from reading the documentation it stated explicitly that the SSN needs to be added or it won;t post correctly. Do I need to call Chase instead of adding online?

Thanks again!

It varies by issuer, and possibly by TL company you're using.

The rule of thumb I use is that if you provide three pieces of personal information about the AU to the CC company, then the credit bureaus will be able to attach the credit line to the AU's credit report.  Those three pieces are usually some combination of name, SSN, DOB, and address.

I've added a number of Chase AUs via the online portal and all of them have posted fine.  I remove Chase AUs by secure message and that works fine as well.

In general, though, my other rule of thumb is to follow the directions of the TL company as much as possible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 25, 2021, 11:50:23 AM
Some of my card owners (banks) seem to have started playing musical chairs.  My Chase AARP is going to Barclays.  (sigh)  My BBVA card is going to PNC (don't even know). 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 25, 2021, 01:56:48 PM
BBVA was bought by PNC, which is good news for me as I already have three PNC cards that I sell on. With Barclay's in the lurch, they have become my number one sellers, closely followed by my Associated Bank cards (Elan).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on August 25, 2021, 02:16:03 PM
I see from an email sent by the new company that their policy is to pay 10 weeks after the "reporting date" of a sale. However, I can't find mention of what the reporting date refers to. Anyone know?

Also, curious if people use direct deposit with the new company? On the one hand, I'm sure there'd be no issue, but on the other I'm a little reluctant because they seem, well, slimy.

Their payments are super frustrating. It's often way late, have to be followed up by email etc. By far the worst part of their company, and frankly I recommend anyone switch their cards that are eligible to Old Company.  That being said, it is better to use a good company that pays slow than one that isn't a good company or vets AUs right, etc., so I do still use them, but just very frustrated. :)

I do use direct deposit. I don't think they're slimy, personally, just really stretched thin and not on top of all aspects of business and organization in the way they should.

I opened a separate bank account for tradeline sales. Mostly because my primary bank is Chase and I have some Chase credit cards enrolled for tradeline sales and I didn't want anyone at Chase noticing the name of the company depositing into my account if they become aware of the transfer companies.  Just an added layer of security.  And it's nice to see tradeline income building up all in one account separate from my normal day-in day-out money.

Appreciate the advice. Thank you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on August 25, 2021, 04:11:53 PM
I recently received news that my credit union will now allow AUs on my CC. Is it just a matter of asking the TL company if they take cards from my particular credit union, or do I need to do detective work on what kind of card I have to see if it qualifies? If the latter, how would one go about that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 25, 2021, 04:36:56 PM
I recently received news that my credit union will now allow AUs on my CC. Is it just a matter of asking the TL company if they take cards from my particular credit union, or do I need to do detective work on what kind of card I have to see if it qualifies? If the latter, how would one go about that?

The TL companies provide a list of issuers that they work with.  If your CU is on that issuer list, then sign it up.  If not, it's highly doubtful they will.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 26, 2021, 08:05:50 AM
I recently received news that my credit union will now allow AUs on my CC. Is it just a matter of asking the TL company if they take cards from my particular credit union, or do I need to do detective work on what kind of card I have to see if it qualifies? If the latter, how would one go about that?

The TL companies provide a list of issuers that they work with.  If your CU is on that issuer list, then sign it up.  If not, it's highly doubtful they will.

Some companies will allow you to test a card and see if it reports to all three agencies. If you can do that and provide proof, they may accept the card. YMMV
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on August 27, 2021, 07:33:29 AM
it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

I got this with Amex also and did the same as you (just closed out and didn't create the new user ID). AU's are all showing up on my online portal . . . even the one that I trashed before I realized I needed to activate the card with the SS#. I mean it's right there on the sticker on the card, but I don't look closely at those anymore. I've just been shredding cards. I guess we'll see if they post?
case.

So are we just getting a different interface than everyone else? People keep posting here to make sure you have the SS# to activate the card, and I do have them, but there is no opportunity to enter them anywhere. I enter the card number and the card security code, and i get prompted to create a new account.

I guess I did enter the full SSN when I was adding them in the first place, but thats it. I might just call amex to figure out how in the world to confirm/activate these cards.

I'm encountering the same thing.  I have an AU for my delta skymiles amex, and when I go to americanexpress.com/confirmcard and enter the card number and 4 digit ID I am prompted to create an online account.  I did step 1 of 3 and created a unique account id and pw using the AU name.  After that I am given the message "Your new Card has been successfully confirmed and is now ready to use. You have also successfully registered for an Online Account." even though steps 2 and 3 didn't get completed, so I stopped there.  I did not need the AU SSN, just my own birthday to confirm. 

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 27, 2021, 09:47:26 AM
it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

I got this with Amex also and did the same as you (just closed out and didn't create the new user ID). AU's are all showing up on my online portal . . . even the one that I trashed before I realized I needed to activate the card with the SS#. I mean it's right there on the sticker on the card, but I don't look closely at those anymore. I've just been shredding cards. I guess we'll see if they post?
case.

So are we just getting a different interface than everyone else? People keep posting here to make sure you have the SS# to activate the card, and I do have them, but there is no opportunity to enter them anywhere. I enter the card number and the card security code, and i get prompted to create a new account.

I guess I did enter the full SSN when I was adding them in the first place, but thats it. I might just call amex to figure out how in the world to confirm/activate these cards.

I'm encountering the same thing.  I have an AU for my delta skymiles amex, and when I go to americanexpress.com/confirmcard and enter the card number and 4 digit ID I am prompted to create an online account.  I did step 1 of 3 and created a unique account id and pw using the AU name.  After that I am given the message "Your new Card has been successfully confirmed and is now ready to use. You have also successfully registered for an Online Account." even though steps 2 and 3 didn't get completed, so I stopped there.  I did not need the AU SSN, just my own birthday to confirm.

Same with my last add as well - it appears that AmEx likes to mix it up, because I know I had to enter the last 4 of the AU SS# in the past. This is much easier.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 27, 2021, 09:55:20 AM
This is becoming serious money to me.  I did add 2 cards to the old company and switched one card from the new company to the old company.  Got AUs on 2 of those 3 new cards already, plus most of my old non-Barclays cards.  I just added up the posted and "to be paid 8/31 numbers and it's at $900.  Maybe you guys get that but the majority of my cards started at those low limit or new cards for like $25 a slot.  Those have aged and the company updates the category of payment.  I don't think I've received more than about $500 in any month in the past.  I'm pretty amazed.  I did even have one more card accepted (Fidelity Elan) but pulled it because they have tons of reports of being shut down at the first AU.

Anyways, thanks Joe for getting this whole thing started here.  It's made lots of us lots of spare money without driving drunk people around town in our cars.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 27, 2021, 02:24:42 PM

Anyways, thanks Joe for getting this whole thing started here.  It's made lots of us lots of spare money without driving drunk people around town in our cars.

Yes, I agree. Thanks Joe! This is a great side hustle for those who still work and a great way to reduce the withdrawal rate for those who are already FIREd.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on August 27, 2021, 02:30:46 PM
That's awesome! I broke $10k for the first time last year, and I'm at $9,300 so far this year - definitely a nice way to pad the stash!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 27, 2021, 02:59:06 PM
I opened a separate bank account for tradeline sales. Mostly because my primary bank is Chase and I have some Chase credit cards enrolled for tradeline sales and I didn't want anyone at Chase noticing the name of the company depositing into my account if they become aware of the transfer companies.  Just an added layer of security.  And it's nice to see tradeline income building up all in one account separate from my normal day-in day-out money.

I also keep it separate from my primary checking account.

I think I did it at first because the whole thing seemed sketchy :)  Been a few years so I forget now...



So.... anyone know what's up with barclays??  :)  I have one pending from a previous sale but the rest are on hold, like everyone else.   Curious minds want to know... I accept theories and speculation.

They stopped reporting. Tentative testing is occurring to see is it is an ongoing problem or glitch. Cards paused until it's figured out.

Thanks ARS!  I appreciate the update.

Hopefully this holds true for me and all of us...  I have my first posting since the summer madness with barclays.  Order date was mid-June and remove date is early September.  It shows as posted!

Anyone seeing anything?  I haven't heard from old company so this may not mean what I think it means.  /Fingers crossed
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on August 27, 2021, 06:49:36 PM
Hey guys,

I have a question regarding AMEX. I'm thinking of signing on my 30k Amex card.

In the case it gets shutdown, does AMEX totally drop you like chase?

Reason I ask is I have a Corporate AMEX card I use for travel, and I wouldn't want that shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 27, 2021, 07:15:17 PM
Hey guys,

I have a question regarding AMEX. I'm thinking of signing on my 30k Amex card.

In the case it gets shutdown, does AMEX totally drop you like chase?

Reason I ask is I have a Corporate AMEX card I use for travel, and I wouldn't want that shut down.

As far as I know, nobody knows for sure.

Chase is known to be the worst.  I've had USBank shut down my credit cards but leave my checking account and overdraft line in place.  I've had USAA call me and cajole me out of using my card there for TLs.  Most people seem to think that Barclays doesn't care at all, although they may have taken action in the last month or so.

I think I would be careful because of the corporate AMEX, although I would look at things differently between it being a corporate card for a sole proprietorship and a corporate card associated with a W-2 job on which I relied.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on August 27, 2021, 07:26:24 PM
I opened a separate bank account for tradeline sales. Mostly because my primary bank is Chase and I have some Chase credit cards enrolled for tradeline sales and I didn't want anyone at Chase noticing the name of the company depositing into my account if they become aware of the transfer companies.  Just an added layer of security.  And it's nice to see tradeline income building up all in one account separate from my normal day-in day-out money.

I also keep it separate from my primary checking account.

I think I did it at first because the whole thing seemed sketchy :)  Been a few years so I forget now...



So.... anyone know what's up with barclays??  :)  I have one pending from a previous sale but the rest are on hold, like everyone else.   Curious minds want to know... I accept theories and speculation.

They stopped reporting. Tentative testing is occurring to see is it is an ongoing problem or glitch. Cards paused until it's figured out.

All of my Barclay Cards are now posting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on August 28, 2021, 10:10:43 AM
re: AMEX

just a heads up, when you go to remove the AU from your AMEX card either by phone or by chat, just be prepared for the question "What is the reason for removing the AU?"

I had to remove 4 of them to prepare for this new offer with the old company... and AMEX asked me that Q on 3 out of the 4.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 28, 2021, 10:27:44 AM
re: AMEX

just a heads up, when you go to remove the AU from your AMEX card either by phone or by chat, just be prepared for the question "What is the reason for removing the AU?"

I had to remove 4 of them to prepare for this new offer with the old company... and AMEX asked me that Q on 3 out of the 4.

Thanks for the heads up. What's a good answer to this question? Just "they don't need the card anymore"?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 28, 2021, 10:58:29 AM
it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

I got this with Amex also and did the same as you (just closed out and didn't create the new user ID). AU's are all showing up on my online portal . . . even the one that I trashed before I realized I needed to activate the card with the SS#. I mean it's right there on the sticker on the card, but I don't look closely at those anymore. I've just been shredding cards. I guess we'll see if they post?
case.

So are we just getting a different interface than everyone else? People keep posting here to make sure you have the SS# to activate the card, and I do have them, but there is no opportunity to enter them anywhere. I enter the card number and the card security code, and i get prompted to create a new account.

I guess I did enter the full SSN when I was adding them in the first place, but thats it. I might just call amex to figure out how in the world to confirm/activate these cards.

I'm encountering the same thing.  I have an AU for my delta skymiles amex, and when I go to americanexpress.com/confirmcard and enter the card number and 4 digit ID I am prompted to create an online account.  I did step 1 of 3 and created a unique account id and pw using the AU name.  After that I am given the message "Your new Card has been successfully confirmed and is now ready to use. You have also successfully registered for an Online Account." even though steps 2 and 3 didn't get completed, so I stopped there.  I did not need the AU SSN, just my own birthday to confirm.

Same with my last add as well - it appears that AmEx likes to mix it up, because I know I had to enter the last 4 of the AU SS# in the past. This is much easier.

I just added my first AMEX AU.  My experience differs from all of the above.

I got a separate letter in the mail yesterday indicating that the card for Jane Smith was on its way.  Today, the card for Jane Smith arrives with a note to go to americanexpress.com/confirmcard.

I go there and put in the card number and four digit AMEX card number (which is the way AMEX does things).

The site asks if I'm doing this as myself or as the AU.  So I say as myself.

The site then *calls* my cell phone and verbally gives me a six digit reauthentication code, which I give to the website.

Then it says everything's all good, the card is activated, green checkmark, all done.

I suspect AMEX might do things differently based on the card type.  This was with an AMEX EveryDay card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on August 28, 2021, 12:24:03 PM
^I just had the same process for Amex card confirmation. It was weird to get robodialed, but it allowed me to confirm the card with no problems.

This is completely different process than the other Amex card I confirmed earlier this month, which required the AU social security number to confirm.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 28, 2021, 06:27:52 PM
I opened a separate bank account for tradeline sales. Mostly because my primary bank is Chase and I have some Chase credit cards enrolled for tradeline sales and I didn't want anyone at Chase noticing the name of the company depositing into my account if they become aware of the transfer companies.  Just an added layer of security.  And it's nice to see tradeline income building up all in one account separate from my normal day-in day-out money.

I also keep it separate from my primary checking account.

I think I did it at first because the whole thing seemed sketchy :)  Been a few years so I forget now...



So.... anyone know what's up with barclays??  :)  I have one pending from a previous sale but the rest are on hold, like everyone else.   Curious minds want to know... I accept theories and speculation.

They stopped reporting. Tentative testing is occurring to see is it is an ongoing problem or glitch. Cards paused until it's figured out.

All of my Barclay Cards are now posting.

Thanks @TheAgileCamel !     I am hoping Barclays are back to normal soon..
Title: Collector lawsuit for an old AU of mine posted on my condo entrance door!
Post by: frozen on August 30, 2021, 05:02:54 PM
I think I am done with selling tradelines. I live in a large condo building and my neighbor just let me know about lawsuit paperwork posted on our entry door in someone else’s name, but with my address on it! How embarrassing! I grabbed the paperwork and called the collector who is suing the AU and told them that person does not live at my address.
I don’t want to deal with this ever again!
Title: Re: Collector lawsuit for an old AU of mine posted on my condo entrance door!
Post by: Padonak on August 30, 2021, 06:29:27 PM
I think I am done with selling tradelines. I live in a large condo building and my neighbor just let me know about lawsuit paperwork posted on our entry door in someone else’s name, but with my address on it! How embarrassing! I grabbed the paperwork and called the collector who is suing the AU and told them that person does not live at my address.
I don’t want to deal with this ever again!

That sucks. I wonder if using a personal mailbox for tradelines and all tradeline-related cards would prevent things like that from happening?
Title: Re: Collector lawsuit for an old AU of mine posted on my condo entrance door!
Post by: frozen on August 30, 2021, 06:56:18 PM
I think I am done with selling tradelines. I live in a large condo building and my neighbor just let me know about lawsuit paperwork posted on our entry door in someone else’s name, but with my address on it! How embarrassing! I grabbed the paperwork and called the collector who is suing the AU and told them that person does not live at my address.
I don’t want to deal with this ever again!

That sucks. I wonder if using a personal mailbox for tradelines and all tradeline-related cards would prevent things like that from happening?

I read on here that others do this and I’ve been thinking about it. But I wonder if I used the UPS store mailbox in this case if they would simply post the lawsuit paperwork on the UPS Store door?
Title: Re: Collector lawsuit for an old AU of mine posted on my condo entrance door!
Post by: Padonak on August 30, 2021, 07:53:20 PM
I read on here that others do this and I’ve been thinking about it. But I wonder if I used the UPS store mailbox in this case if they would simply post the lawsuit paperwork on the UPS Store door?

Not sure but the paperwork doesn't have your name on it, what's the difference?
Title: Re: Collector lawsuit for an old AU of mine posted on my condo entrance door!
Post by: secondcor521 on August 30, 2021, 09:26:16 PM
I read on here that others do this and I’ve been thinking about it. But I wonder if I used the UPS store mailbox in this case if they would simply post the lawsuit paperwork on the UPS Store door?

Not sure but the paperwork doesn't have your name on it, what's the difference?

Agree with you, but people can be worried about being embarrassed, especially in front of their neighbors, even if there may not be anything to be embarrassed about.
Title: Re: Collector lawsuit for an old AU of mine posted on my condo entrance door!
Post by: Car Jack on August 31, 2021, 06:38:36 AM
I think I am done with selling tradelines. I live in a large condo building and my neighbor just let me know about lawsuit paperwork posted on our entry door in someone else’s name, but with my address on it! How embarrassing! I grabbed the paperwork and called the collector who is suing the AU and told them that person does not live at my address.
I don’t want to deal with this ever again!

This is pretty par for the course with tradelines.  Off the top of my head, I get various cell phone calls for Eric Smith.  I simply tell the that there's nobody with that name at this number.  Sometimes they ask "Do you know Eric Smith?" and I honestly respond no.

Recently, I've been getting stuff from the Sheriff of the next county.  First an unstamped envelope in my mailbox and then a stamped one.  If this is how they process serve, it's pretty bush league.  What....you can't drive up my driveway and knock on the door?  Anyways, I cross out the address and write "Return to sender addressee unknown" and drop it into a mailbox at the post office.

Also get credit card offers from Cap One, Chase and others to previous AUs.

All of these are easily dropped into my papers recycling bag.

But if this kind of stuff bothers you, then it's probably not for you.
Title: Re: Collector lawsuit for an old AU of mine posted on my condo entrance door!
Post by: ducky19 on August 31, 2021, 11:15:53 AM
I think I am done with selling tradelines. I live in a large condo building and my neighbor just let me know about lawsuit paperwork posted on our entry door in someone else’s name, but with my address on it! How embarrassing! I grabbed the paperwork and called the collector who is suing the AU and told them that person does not live at my address.
I don’t want to deal with this ever again!

This is pretty par for the course with tradelines.  Off the top of my head, I get various cell phone calls for Eric Smith.  I simply tell the that there's nobody with that name at this number.  Sometimes they ask "Do you know Eric Smith?" and I honestly respond no.

Recently, I've been getting stuff from the Sheriff of the next county.  First an unstamped envelope in my mailbox and then a stamped one.  If this is how they process serve, it's pretty bush league.  What....you can't drive up my driveway and knock on the door?  Anyways, I cross out the address and write "Return to sender addressee unknown" and drop it into a mailbox at the post office.

Also get credit card offers from Cap One, Chase and others to previous AUs.

All of these are easily dropped into my papers recycling bag.

But if this kind of stuff bothers you, then it's probably not for you.

I've had the sheriff come to the door to serve papers once, the confused look on their face when I told them that not only did that person not live there, but I had no idea who they were was almost kind of worth it! My neighbors all know I sell tradelines, really wouldn't give a shit what they thought anyhow. I know our postmaster must think all sorts of crazy things about me, too - once a piece of mail with an AU name on it arrived with a "???" penciled on the front of it. Feck 'em.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on August 31, 2021, 05:00:19 PM
If anything, all these extra names associated with your address probably helps to confuse the thousands of companies trying to mine and sell your data.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: water1974 on September 02, 2021, 10:23:15 AM
I have a question about addresses. If credit card companies/sheriffs/etc think that your address is associated with an AU, couldn't an AU look at their own credit report and see your address on it? (Since credit reports include addresses associated with your credit history.) And thus the AU would have a good idea of who was sponsoring their AU?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 02, 2021, 10:51:46 AM
I would think probably yes.  But they don't know your name.  It's just one of the things that if you can't accept that this is the case, you shouldn't sell tradelines.  Some CC companies have places to put in the AU's address while not sending a card to that address.  I'm thinking USBank does that, or maybe Chase.  I know I recently did do that.  If you call in, you could also ask them to include the address if it's not a required piece of info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: water1974 on September 02, 2021, 11:03:18 AM
Thanks for the information!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 02, 2021, 12:59:05 PM
Related question. If you have a mailing address on file with credit card issuers. and it's different from your home address, which one is reported to the bureaus? Maybe both of them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DK82 on September 03, 2021, 08:43:03 PM
I was approved a few weeks ago after being in the waitlist for months -- provided all the requested info and can see my 4 cards on the portal, however I haven't received a single alert/offer since then.  Is this normal?  I assumed I'd have at least a couple by now, what with having a total of 8 slots available.  I'm wondering how long it generally takes to get going on this once you're activated. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 03, 2021, 09:05:16 PM
I was approved a few weeks ago after being in the waitlist for months -- provided all the requested info and can see my 4 cards on the portal, however I haven't received a single alert/offer since then.  Is this normal?  I assumed I'd have at least a couple by now, what with having a total of 8 slots available.  I'm wondering how long it generally takes to get going on this once you're activated.

Yes, it's normal.  It can vary quite a bit.  Some get an order the first month, some I think I've seen take six months or even longer.

I do have the general impression that more and more people are signing up, and supply may be outpacing demand, especially at the two TL companies recommended here.  My sales seem to be slowing down a bit - or at least not increasing - even though I've added a few cards this year into the system.

To give you some sense of scale, I have 13 AU slots in the system and only had two sales in August.  And most of my slots are higher limits and older cards than average, which probably sell a bit better.

When you do get an order, you should get an email and/or a text message.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on September 04, 2021, 07:19:34 AM
I was approved a few weeks ago after being in the waitlist for months -- provided all the requested info and can see my 4 cards on the portal, however I haven't received a single alert/offer since then.  Is this normal?  I assumed I'd have at least a couple by now, what with having a total of 8 slots available.  I'm wondering how long it generally takes to get going on this once you're activated.

It took several months to get my first order (with a new lower-dollar card). After that I started selling about half my slots each month. Lately it slowed down again - probably because they just opened things up to a lot of new sellers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on September 04, 2021, 09:00:42 PM
I think the demand side of the supply-demand equation is also lower than it had been. I sell with a different company and while I am still getting sales, it’s less than last year.

I think there was a surge in people shopping for home loans last year, meaning more people looking for the quick credit score boost. That must have slowed down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on September 06, 2021, 01:31:20 PM
I have a question about addresses. If credit card companies/sheriffs/etc think that your address is associated with an AU, couldn't an AU look at their own credit report and see your address on it? (Since credit reports include addresses associated with your credit history.) And thus the AU would have a good idea of who was sponsoring their AU?
Not the same thing, but here's a story that helps me put it in perspective.
On the "NextDoor" app there was a big discussion of whether or not you should use a sharpie to mark out your address on cardboard boxes you put in recycling.

Many people were alarmed that someone could get your name and address off the box.  Some people replied that your name and address are readily available multiple ways.
*Someone can look in your mailbox and see it on an envelope.

*Property tax websites often show the owners name for a property address.

*Political parties have sites to show donors' names and addresses.

*Whitepages.com is like the old telephone directories.
(We used to have telephone books where we had almost EVERYONE'S name and address. A few people would pay extra to have unlisted number but 90% didn't.)

*there are school directories, club directories, etc.

*people still pay for things with checks which typically have their name and address AND checking account number on the front. Sometimes also the phone number.

What exactly would the AU do with the knowledge? It's not enough to use to get the credit card company to send them a card.

After reading lots of NextDoor posts about packages from the porch, I have NEVER heard of the thieves finding a way to use the name and address. They take the package to get the contents. The info on the package is useless.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on September 07, 2021, 06:21:23 AM
I have a question about addresses. If credit card companies/sheriffs/etc think that your address is associated with an AU, couldn't an AU look at their own credit report and see your address on it? (Since credit reports include addresses associated with your credit history.) And thus the AU would have a good idea of who was sponsoring their AU?
Not the same thing, but here's a story that helps me put it in perspective.
On the "NextDoor" app there was a big discussion of whether or not you should use a sharpie to mark out your address on cardboard boxes you put in recycling.

Many people were alarmed that someone could get your name and address off the box.  Some people replied that your name and address are readily available multiple ways.
*Someone can look in your mailbox and see it on an envelope.

*Property tax websites often show the owners name for a property address.

*Political parties have sites to show donors' names and addresses.

*Whitepages.com is like the old telephone directories.
(We used to have telephone books where we had almost EVERYONE'S name and address. A few people would pay extra to have unlisted number but 90% didn't.)

*there are school directories, club directories, etc.

*people still pay for things with checks which typically have their name and address AND checking account number on the front. Sometimes also the phone number.

What exactly would the AU do with the knowledge? It's not enough to use to get the credit card company to send them a card.

After reading lots of NextDoor posts about packages from the porch, I have NEVER heard of the thieves finding a way to use the name and address. They take the package to get the contents. The info on the package is useless.

Name and address is listed in a thousand databases. Even phone numbers and emails are getting easier to find all the time. When I was a commercial real estate appraiser I would often try to find contact information for the buyer or seller of a property. Their name and address were in public records and at least half the time I could find contact information in 5-10 minutes on Google. New Mexico is a non-disclosure state so unlike a lot of places the sale price wasn't just listed in public records. It also allows anonymous LLCs. So when 123 LLC sells a property to ABC LLC and the only name listed is the attorney who created the LLC, it did make it tricky.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FireAnt on September 07, 2021, 06:29:47 PM
Lots to read here, so I only skimmed and know there have been some problems with getting paid by new company. I seriously have emailed the responsible person for payment 3 times with no response (4th time today). Two of the times I was forwarded to him from the woman who alerts us to adding/removing users because she is the only one that responds. I've been emailing weekly for the past month.

So, do I not get paid? Is new company even recommended on this forum with this many issues? I have a cap1 card opened in 2007 with $13k limit so I'm sure I can transfer to the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on September 07, 2021, 06:50:04 PM
Lots to read here, so I only skimmed and know there have been some problems with getting paid by new company. I seriously have emailed the responsible person for payment 3 times with no response (4th time today). Two of the times I was forwarded to him from the woman who alerts us to adding/removing users because she is the only one that responds. I've been emailing weekly for the past month.

Same same. Not a reputable company in my opinion.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 07, 2021, 09:17:05 PM
PM me with the name/email you signed up under, I'll contact them.

And yeah, any cards you have eligible, I'd switch to the old company (they were enrolling cards in August, IDK if the window is closed).

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on September 08, 2021, 07:17:30 AM
They have closed the new enrollments. I got their info from ARS last week and emailed them.

I have one card with the new company and it took forever to get my first sale. Something like almost two years, I think. Nothing for almost another two years. I got the card limit increased earlier this year from 12k to 14k and had two sales before the month was over. Another two this month as well.

I've been paid at some point for the first one but don't remember how long it took. I haven't been paid for the first two this year but there seems to also have been some confusion about how long I was supposed to leave them on the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 08, 2021, 11:52:05 AM
Hi all.

I'm going to apply for a bunch of new cards to season for TL activities with Old Company.

At ARS' suggestion, I posted a separate thread but would appreciate input from anyone here who might be interested.

https://forum.mrmoneymustache.com/ask-a-mustachian/feedback-review-referral-link-request-on-my-piggybacking-app-spree/

Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 08, 2021, 04:03:56 PM

Looks like it is only care credit from the email they sent out this week.  (Also, listed above from ARS but I missed it originally).

For those who have care credit, what's the deal with this card? Can you only use it for healthcare expenses and nothing else? It's not 100% clear from reading their website.

Another question: when you got the card, did they give you a high credit line compared to other issuers?

When my wife got lasik surgery they were running a 0% APR financing, which turns out to just be the care credit card.  Surgery was a little over $4k and I think they put the limit slightly over that at like $5k.  We set up autopayments to complete at the end of the promo period, and never used the card for anything else.  When I found out the old company accepted the care credit card I requested a credit limit increase to $16k to get into the next payment tier and was instantly approved, despite never using the card outside of the original financing like 3 years ago.  Since we never used it I can't comment on how it's actually used (I actually posted the same question a week ago or so).  I'm pretty sure when we originally got the account and they sent us a physical card we decided we were never going to use it, so just shredded it immediately.  Now that we are going to sell TL on it I've requested they send me another physical copy of the card, but it hasn't arrived yet.  When it does I'm going to try and see where/what I can charge on it and will report back in this thread.

My original card (the closed one) had a CL of +20k (don't remember exactly and don't really want to waste time on that). I think this is their max. I have other cards with similar CL, so I guess the same as others. My new card that I got absolutely right away (which is very nice of them) has only $5.5K CL, and I still mature it, so don't really care about the CL as of right now, plus I don't use it now (even for vet bills).

Usage: my old card was used heavily for vet appointments, pets emergency rooms and such, you can put (don't quote me - vet's offices would tell you better) >$200 on 6m financing. They have 9 and 12m financing for more expensive purchases (when you have financing on you card, it's a balance that counts for TL purposes as long as it's less than 10% of your CL). When I didn't have any financing on the card, I was able to use the card at Walmart for purchasing beauty products which actually included soap and shampoo, vitamins and such. I'm pretty sure there is a list of all those things on their website (I didn't try to find the list bc I thought by the time I get the link or a pic here, someone would have posted it already).

What I usually do with my cards used for TLs only: I find one-two days a months when I can use all of them to post (they close on different dates and I like to keep it that way). So, for example on the 23rd each month I personally go to Walmart and buy bread or something that we always need and then pay with a different card for each bread (as long as the purchase is >$2 so it's not "forgiven"). And with care credit I pay for soap or vitamins. It does look weird, but I use self service and as long as I don't steal, I don't think anybody minds.

I'm pretty sure you can use Care credit in dental office (not all, just ask), some private clinics. They extend the list every year.

I don't use vet or dr services frequently enough to ensure I get a charge on every cycle. 

I've read on their website how it can be used at certain vendors for OTC medicine and health/beauty stuff, but I don't understand the mechanism.  How do they differentiate between aspirin and soda when I'm at the register? I know CVS can differentiate between them, but when the card is scanned how does synchrony know what exactly is being purchased?

I sold a spot on the care credit card.  Bought vitamins at walgreens and the card worked like a regular credit card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FireAnt on September 08, 2021, 05:08:57 PM
They have closed the new enrollments. I got their info from ARS last week and emailed them.

I have one card with the new company and it took forever to get my first sale. Something like almost two years, I think. Nothing for almost another two years. I got the card limit increased earlier this year from 12k to 14k and had two sales before the month was over. Another two this month as well.


Bummer. I was getting 1-2 spots a year with the new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 08, 2021, 08:33:06 PM
Citi emailed me about a replacement card that was ordered for the AU i had added a couple of months ago. I didn't order any replacement cards so not sure what's going on. Just in case I logged on and locked all my cards with Citi.

Does anyone know if there is any way an AU can order a replacement card to be delivered to their address?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on September 09, 2021, 07:10:49 AM
Citi emailed me about a replacement card that was ordered for the AU i had added a couple of months ago. I didn't order any replacement cards so not sure what's going on. Just in case I logged on and locked all my cards with Citi.

Does anyone know if there is any way an AU can order a replacement card to be delivered to their address?
Was the original card delivered to you or did the PO return it?  I've had companies tell me they were resending since the first card was returned.  All should be to your address.

Per the contract with the companies, the AU are not supposed to contact them about the AU accounts.  I've had 3 that did anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 09, 2021, 08:15:22 AM
Citi emailed me about a replacement card that was ordered for the AU i had added a couple of months ago. I didn't order any replacement cards so not sure what's going on. Just in case I logged on and locked all my cards with Citi.

Does anyone know if there is any way an AU can order a replacement card to be delivered to their address?
Was the original card delivered to you or did the PO return it?  I've had companies tell me they were resending since the first card was returned.  All should be to your address.

Per the contract with the companies, the AU are not supposed to contact them about the AU accounts.  I've had 3 that did anyway.

It's always fun when the AU sees my CC on their credit report because I added them as an AU, then they freak out and call the CC company to tell them fraud, identity theft, Land Shark! and they get yanked off the credit report.  Then their score goes back down and they complain to the tradeline company.  No refund, enjoy your low score for being stupid.  I know this has to happen a lot because it's happened to me more than once.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 09, 2021, 12:06:03 PM
Anyone have an order cancelled after adding the AU?  Added one to my discover card yesterday, but today got an email that the order was cancelled.  Kind of shitty because it's already done, they are added and the card is on the way.  The AU was also marked as added in the portal yesterday about 24 hours before I got cancellation email.  So do I just get burned on a cancelled order?

Edit: Got another email from company.  The cancellation was an error in their system and they are not in fact cancelled and I do not need to remove them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 09, 2021, 01:35:11 PM
Anyone have an order cancelled after adding the AU?  Added one to my discover card yesterday, but today got an email that the order was cancelled.  Kind of shitty because it's already done, they are added and the card is on the way.  The AU was also marked as added in the portal yesterday about 24 hours before I got cancellation email.  So do I just get burned on a cancelled order?

Edit: Got another email from company.  The cancellation was an error in their system and they are not in fact cancelled and I do not need to remove them.

Once, but the situation was a bit different.  They released the order to me to add, and then about 24 hours later found out that the AU's check for the fee bounced.  They emailed me, I removed the AU, I still got paid.  This was with Old Company in 2019.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on September 11, 2021, 07:26:00 AM
Citi emailed me about a replacement card that was ordered for the AU i had added a couple of months ago. I didn't order any replacement cards so not sure what's going on. Just in case I logged on and locked all my cards with Citi.

Does anyone know if there is any way an AU can order a replacement card to be delivered to their address?
Was the original card delivered to you or did the PO return it?  I've had companies tell me they were resending since the first card was returned.  All should be to your address.

Per the contract with the companies, the AU are not supposed to contact them about the AU accounts.  I've had 3 that did anyway.

It's always fun when the AU sees my CC on their credit report because I added them as an AU, then they freak out and call the CC company to tell them fraud, identity theft, Land Shark! and they get yanked off the credit report.  Then their score goes back down and they complain to the tradeline company.  No refund, enjoy your low score for being stupid.  I know this has to happen a lot because it's happened to me more than once.

I made a post earlier in this thread about the same situation. Only in my case, CC company shut down my card permanently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 15, 2021, 06:06:45 AM
Wooo Hooo!!!  I got an add from the new company!  I guess it's my once every 6 months for them.  Meanwhile, I get about 8 from the old company.  I've migrated all but one card to the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on September 16, 2021, 12:32:03 PM
Just got shut down by BofA...  this one hurt as I was getting really great earnings from rewards.  Hadn't added an AU since April and had only added three in total.

I have been making decent size tax payments for the rewards points and signup bonuses but they told me on the phone the closure was for irregular authorized user activity.

The TL company I mainly work with has said don't sell BofA because of other people getting shut down but apparently I had done the damage before.  Oh well.   But I would strongly advise against selling BofA anytime soon. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on September 16, 2021, 12:44:36 PM
I guess I'm at critical mass.  Pretty much daily letters for old AUs from collection agencies, for credit card offers and from Sheriff's offices.  Had one from a state, telling the AU that they had money from something or other.  I'm starting to look at the addressee.  I've always just opened my mail one envelope after the other when I pick it up.  Starting to put an X through the name/address and do a return to sender, addressee unknown and drop them in a mail box.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 17, 2021, 05:22:23 AM
Wooo Hooo!!!  I got an add from the new company!  I guess it's my once every 6 months for them.  Meanwhile, I get about 8 from the old company.  I've migrated all but one card to the old company.

I pretty much quit the new company entirely. Had to chase down getting paid every single time. They sent me an AU add after I had fired off several emails about missing payment from an AU add from 8 months ago. I just don't understand why they have put forth 0 effort to fix the payment issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mesmoiselle on September 17, 2021, 06:03:08 PM
I signed up with a rando called Splendid Credit..... they implied I'd receive payment July 10th but then told me it'd be ~September~ for a June Sale.....I told them to remove my cards from their listings.

I sold 4 lines June 10th. Sent them screen shots of the adds, and they replied saying they had received my update of the adds. They send me a "Cardholder Payout Report" September 1st, 3 months later, that says I'm only getting paid for two of the four. Why? because my cards never posted to the client's credit reports. Well~ that's interesting that your company never bothered to tell me that and had 2 slots of my cards tied up for no reason. On top of that, they wait until they're even later paying me to remember they don't have access to my bank account to deposit funds. so it's September 17th and they haven't paid me for adds I did June 10th. I almost considered not even giving them my account number, they feel like such a scam. I'm keeping a close eye on it for sure. Experiment complete, which my first time hadn't been such a bust. Now ya'll know, don't bother with Splendid Credit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nate79 on September 18, 2021, 01:03:37 PM
Just got my first two ads with the old company and still keeping a decent ~1 per month with the new company (total ~10 cards listed).

Sent from my SM-G950U using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 19, 2021, 11:08:07 AM
With Citi, is it ok to message them to remove AUs or do I have to call? I remember that they removed messaging option a couple of years ago but it looks like it's available again at least on the app.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on September 19, 2021, 03:52:05 PM
With Citi, is it ok to message them to remove AUs or do I have to call? I remember that they removed messaging option a couple of years ago but it looks like it's available again at least on the app.
With Citi I call to add, but use the chat feature to remove.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 19, 2021, 08:40:38 PM
With Citi, is it ok to message them to remove AUs or do I have to call? I remember that they removed messaging option a couple of years ago but it looks like it's available again at least on the app.
With Citi I call to add, but use the chat feature to remove.

Thanks, i'll try the chat feature.

I added a couple of AUs online, then called to add the social. They posted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on September 21, 2021, 09:03:00 AM
it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

I got this with Amex also and did the same as you (just closed out and didn't create the new user ID). AU's are all showing up on my online portal . . . even the one that I trashed before I realized I needed to activate the card with the SS#. I mean it's right there on the sticker on the card, but I don't look closely at those anymore. I've just been shredding cards. I guess we'll see if they post?
case.

So are we just getting a different interface than everyone else? People keep posting here to make sure you have the SS# to activate the card, and I do have them, but there is no opportunity to enter them anywhere. I enter the card number and the card security code, and i get prompted to create a new account.

I guess I did enter the full SSN when I was adding them in the first place, but thats it. I might just call amex to figure out how in the world to confirm/activate these cards.

I'm encountering the same thing.  I have an AU for my delta skymiles amex, and when I go to americanexpress.com/confirmcard and enter the card number and 4 digit ID I am prompted to create an online account.  I did step 1 of 3 and created a unique account id and pw using the AU name.  After that I am given the message "Your new Card has been successfully confirmed and is now ready to use. You have also successfully registered for an Online Account." even though steps 2 and 3 didn't get completed, so I stopped there.  I did not need the AU SSN, just my own birthday to confirm.

Another data point: I just received my 3rd amex AU card.  This time I did not need to create an account to confirm, this time I was asked if I was the AU or if I was the account holder activating the card on behalf of the AU.  I chose that I was the account holder and the card was activated without creating an additional login.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 21, 2021, 10:13:47 AM
Does anyone still use the new company and have no complaints? I stopped working with them a couple of years ago because of the feedback in this thread. When I used them, which was only for a few AUs, I think I got paid on time and didn't have to follow up though maybe i should double check that. I am considering adding a couple of credit cards with them again because I'm not getting a lot of sales with the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on September 21, 2021, 11:07:44 AM
Does anyone still use the new company and have no complaints? I stopped working with them a couple of years ago because of the feedback in this thread. When I used them, which was only for a few AUs, I think I got paid on time and didn't have to follow up though maybe i should double check that. I am considering adding a couple of credit cards with them again because I'm not getting a lot of sales with the old company.

No.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 21, 2021, 11:44:12 AM
Does anyone still use the new company and have no complaints? I stopped working with them a couple of years ago because of the feedback in this thread. When I used them, which was only for a few AUs, I think I got paid on time and didn't have to follow up though maybe i should double check that. I am considering adding a couple of credit cards with them again because I'm not getting a lot of sales with the old company.

No.  I would rather less from old company and no headaches :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on September 24, 2021, 05:54:44 AM
Does anyone still use the new company and have no complaints? I stopped working with them a couple of years ago because of the feedback in this thread. When I used them, which was only for a few AUs, I think I got paid on time and didn't have to follow up though maybe i should double check that. I am considering adding a couple of credit cards with them again because I'm not getting a lot of sales with the old company.

Don't expect a lot of sales with the new company. Not worth the headache and hassle chasing down payments and being ignored.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on September 26, 2021, 09:59:24 AM
I guess I'm at critical mass.  Pretty much daily letters for old AUs from collection agencies, for credit card offers and from Sheriff's offices.  Had one from a state, telling the AU that they had money from something or other.  I'm starting to look at the addressee.  I've always just opened my mail one envelope after the other when I pick it up.  Starting to put an X through the name/address and do a return to sender, addressee unknown and drop them in a mail box.

Same here. Daily collection letters for prior authorized users, monthly collection agency phone calls, someone from the state’s attorneys office at my door looking for a user, and the final straw was a lawsuit posted on the door of my condo building lobby for all to see! I’ve had enough of this embarrassment! There are better side gigs!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 02, 2021, 11:55:56 AM
Datapoint:

I had two US Bank cards shut down last summer for piggybacking.

There was no warning.  I did get a letter in the mail later.  My US Bank checking account was left alone.

This week, I applied for two more US Bank cards (Altitude Connect and Altitude Go) and was approved for both.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 03, 2021, 12:50:02 PM
it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

I got this with Amex also and did the same as you (just closed out and didn't create the new user ID). AU's are all showing up on my online portal . . . even the one that I trashed before I realized I needed to activate the card with the SS#. I mean it's right there on the sticker on the card, but I don't look closely at those anymore. I've just been shredding cards. I guess we'll see if they post?
case.

So are we just getting a different interface than everyone else? People keep posting here to make sure you have the SS# to activate the card, and I do have them, but there is no opportunity to enter them anywhere. I enter the card number and the card security code, and i get prompted to create a new account.

I guess I did enter the full SSN when I was adding them in the first place, but thats it. I might just call amex to figure out how in the world to confirm/activate these cards.

I'm encountering the same thing.  I have an AU for my delta skymiles amex, and when I go to americanexpress.com/confirmcard and enter the card number and 4 digit ID I am prompted to create an online account.  I did step 1 of 3 and created a unique account id and pw using the AU name.  After that I am given the message "Your new Card has been successfully confirmed and is now ready to use. You have also successfully registered for an Online Account." even though steps 2 and 3 didn't get completed, so I stopped there.  I did not need the AU SSN, just my own birthday to confirm.

Another data point: I just received my 3rd amex AU card.  This time I did not need to create an account to confirm, this time I was asked if I was the AU or if I was the account holder activating the card on behalf of the AU.  I chose that I was the account holder and the card was activated without creating an additional login.

This 3rd amex sale never posted. I got contacted by old company and had to provide screen shots showing a balance on the card, and the AU on the account, etc. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on October 04, 2021, 10:19:31 AM
it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

I got this with Amex also and did the same as you (just closed out and didn't create the new user ID). AU's are all showing up on my online portal . . . even the one that I trashed before I realized I needed to activate the card with the SS#. I mean it's right there on the sticker on the card, but I don't look closely at those anymore. I've just been shredding cards. I guess we'll see if they post?
case.

So are we just getting a different interface than everyone else? People keep posting here to make sure you have the SS# to activate the card, and I do have them, but there is no opportunity to enter them anywhere. I enter the card number and the card security code, and i get prompted to create a new account.

I guess I did enter the full SSN when I was adding them in the first place, but thats it. I might just call amex to figure out how in the world to confirm/activate these cards.

I'm encountering the same thing.  I have an AU for my delta skymiles amex, and when I go to americanexpress.com/confirmcard and enter the card number and 4 digit ID I am prompted to create an online account.  I did step 1 of 3 and created a unique account id and pw using the AU name.  After that I am given the message "Your new Card has been successfully confirmed and is now ready to use. You have also successfully registered for an Online Account." even though steps 2 and 3 didn't get completed, so I stopped there.  I did not need the AU SSN, just my own birthday to confirm.

Another data point: I just received my 3rd amex AU card.  This time I did not need to create an account to confirm, this time I was asked if I was the AU or if I was the account holder activating the card on behalf of the AU.  I chose that I was the account holder and the card was activated without creating an additional login.

This 3rd amex sale never posted. I got contacted by old company and had to provide screen shots showing a balance on the card, and the AU on the account, etc.

Another data point: I had an AmEx card that I tried to activate, however it kept wanting to send a text to the AU phone - both when I tried activating as myself and as the AU. I downloaded the AmEx app and was able to confirm the card that way, will probably be my go to method from here on out. Usually cards that aren't confirmed do not post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 04, 2021, 10:31:22 AM
it prompted me to create another username and password, which i did NOT do. Do we really have to create an online amex account for every authorized user that we add?

I got this with Amex also and did the same as you (just closed out and didn't create the new user ID). AU's are all showing up on my online portal . . . even the one that I trashed before I realized I needed to activate the card with the SS#. I mean it's right there on the sticker on the card, but I don't look closely at those anymore. I've just been shredding cards. I guess we'll see if they post?
case.

So are we just getting a different interface than everyone else? People keep posting here to make sure you have the SS# to activate the card, and I do have them, but there is no opportunity to enter them anywhere. I enter the card number and the card security code, and i get prompted to create a new account.

I guess I did enter the full SSN when I was adding them in the first place, but thats it. I might just call amex to figure out how in the world to confirm/activate these cards.

I'm encountering the same thing.  I have an AU for my delta skymiles amex, and when I go to americanexpress.com/confirmcard and enter the card number and 4 digit ID I am prompted to create an online account.  I did step 1 of 3 and created a unique account id and pw using the AU name.  After that I am given the message "Your new Card has been successfully confirmed and is now ready to use. You have also successfully registered for an Online Account." even though steps 2 and 3 didn't get completed, so I stopped there.  I did not need the AU SSN, just my own birthday to confirm.

Another data point: I just received my 3rd amex AU card.  This time I did not need to create an account to confirm, this time I was asked if I was the AU or if I was the account holder activating the card on behalf of the AU.  I chose that I was the account holder and the card was activated without creating an additional login.

This 3rd amex sale never posted. I got contacted by old company and had to provide screen shots showing a balance on the card, and the AU on the account, etc.

Another data point: I had an AmEx card that I tried to activate, however it kept wanting to send a text to the AU phone - both when I tried activating as myself and as the AU. I downloaded the AmEx app and was able to confirm the card that way, will probably be my go to method from here on out. Usually cards that aren't confirmed do not post.

Just to be clear this amex card was activated, it just didn't require me to create a unique log in.  I just had to confirm my own birthday, but was prompted the card was indeed activated.  No idea why it didn't post.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on October 05, 2021, 01:03:31 PM
I just got my first sale on my Barclays card with the old company since they had the issues in June/July. I entered the DOB and added their address, is it necessary to call in to add their SS#? Or are things back to normal now?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 05, 2021, 02:01:47 PM
I just got my first sale on my Barclays card with the old company since they had the issues in June/July. I entered the DOB and added their address, is it necessary to call in to add their SS#? Or are things back to normal now?

From the email they sent out (which you should have received):

"You may add the AU online or over the phone, as we’ve seen both the online and over the phone method result in postings for August. If you add the AU online, always include their address. If you add the AU over the phone always add the SSN. Once you have successfully added the AU, we request that you monitor your account to make sure the AU doesn’t drop and add a balance of at least $10 (but always below 10% utilization)."

Sounds like not necessary if you added online, which it sounds like you did.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: AKS74U on October 10, 2021, 01:00:01 PM
I just got a piece of physical mail for one of the authorized users, a credit card solicitation from Capital One. Their name, my address. First time this happened and it's concerning.

Low sales, difficulty collecting payments. Poor communication unless its to add a user. I once forgot to click the red button after adding 3 AUs. They didnt even check with me or confirm I added. They just deactivated my account They never told me and didnt pay me. I had those 3 AUs on my cards for MONTHS

This is the new company.

I quit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 10, 2021, 06:24:24 PM
I just got a piece of physical mail for one of the authorized users, a credit card solicitation from Capital One. Their name, my address. First time this happened and it's concerning.

Low sales, difficulty collecting payments. Poor communication unless its to add a user. I once forgot to click the red button after adding 3 AUs. They didnt even check with me or confirm I added. They just deactivated my account They never told me and didnt pay me. I had those 3 AUs on my cards for MONTHS

This is the new company.

I quit.

More sales for the rest of us!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nate79 on October 14, 2021, 07:46:20 PM
I just got a piece of physical mail for one of the authorized users, a credit card solicitation from Capital One. Their name, my address. First time this happened and it's concerning.

Low sales, difficulty collecting payments. Poor communication unless its to add a user. I once forgot to click the red button after adding 3 AUs. They didnt even check with me or confirm I added. They just deactivated my account They never told me and didnt pay me. I had those 3 AUs on my cards for MONTHS

This is the new company.

I quit.

More sales for the rest of us!
Agreed. I'm getting so many new sales with the new company its crazy.

Sent from my SM-G950U using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 19, 2021, 09:43:20 AM
Will an AMEX AU still post if I haven't received or activated the card? The card was sent to me and I got an email from Amex asking me to activate it but I haven't yet received the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 19, 2021, 09:46:08 AM
Will an AMEX AU still post if I haven't received or activated the card? The card was sent to me and I got an email from Amex asking me to activate it but I haven't yet received the card.

I'm not sure, but probably not; AMEX seems keener than most issuers on card activation.

You'll probably get the card in the next few days.  If not, you could call AMEX and ask them to resend it.

I always activate all AU cards.  I also track the date I added them and the date I activated the card, so if a card never gets here (never happened yet, but it could), I could investigate and take action.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 19, 2021, 09:54:19 AM
Thanks, yes I'll wait a few days, it must be on the way.

Another question about Chase: Is there a way to remove Auth users online or do I have to call? I can't find that option on the website.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 19, 2021, 09:55:38 AM
Thanks, yes I'll wait a few days, it must be on the way.

Another question about Chase: Is there a way to remove Auth users online or do I have to call? I can't find that option on the website.

On Chase, you can send a secure message.  Upper left corner, three horizontal lines.  I usually do "Account inquiry".  It'll take them a day or two.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 20, 2021, 02:57:59 PM
For those who received Amex AU cards, did Amex put your name or the AU name in the address field of the envelope?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 20, 2021, 03:03:49 PM
For those who received Amex AU cards, did Amex put your name or the AU name in the address field of the envelope?

I've only had one so far, and I don't remember.  But the card got to me and I remember it did have the AU name on the card.  My mailman properly delivers everything to my address, regardless of name on the envelope, so I got that goin' for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on October 20, 2021, 10:50:42 PM
After a long dry spell I got an add with new company for a Barclays Card
I added the user online and confirmed "user added" in the portal with new company, while I was on hold with Barclays to just call in the SSN
Then I realised that the SSN disappears after you hit "user added".
I totally knew that, but I wasn't thinking at the moment.

Is there a way to get the SSN other than contacting new company.

Also, what are the recent datapoints regarding Barclays adds without SSN.
They used to post fine, but my last two ads earlier this year did not post and I recall several of you having the same issue so I am a bit concerned.



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 21, 2021, 06:14:51 AM
After a long dry spell I got an add with new company for a Barclays Card
I added the user online and confirmed "user added" in the portal with new company, while I was on hold with Barclays to just call in the SSN
Then I realised that the SSN disappears after you hit "user added".
I totally knew that, but I wasn't thinking at the moment.

Is there a way to get the SSN other than contacting new company.

Also, what are the recent datapoints regarding Barclays adds without SSN.
They used to post fine, but my last two ads earlier this year did not post and I recall several of you having the same issue so I am a bit concerned.

Barclays is BAU. Just add them online. No need for calling in SS number.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on October 21, 2021, 05:59:31 PM
Received the following emailed notice from the old company today:

This email is to notify you about the cycle, spot and commission change for PNC. PNC only allows 5 AUs annually now. All PNC spots are set to 1 and now follow the 3 cycle commission structure if over 2 years:

3-Month Cycle Commission for Capital One, PNC, and NFCU:
1. Limit $10,000 - $15,000 and 2+ years old = $125 per spot
2. Limit $15,001 - $20,000 and 2+ years old = $150 per spot
3. Limit $20,001 - $30,000 and 2+ years old = $200 per spot
4. Limit $30,001 - $40,000 and 2+ years old = $250 per spot
5. Limit $40,001 - or more and 2+ years old = $275 per spot
6. Limit $40,001 - or more and 10+ years old = $350 per spot
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nate79 on October 21, 2021, 06:24:47 PM
In the last month I've gotten the most AU with the new company (7) that I've ever gotten and 2 with the old company.   Is everyone else seeing a huge uptick adds?

Sent from my SM-G950U using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 21, 2021, 07:04:07 PM
In the last month I've gotten the most AU with the new company (7) that I've ever gotten and 2 with the old company.   Is everyone else seeing a huge uptick adds?

Personally no, not yet.  But historically March, July, and October seem to be busier than average based on my almost three years of tracking data.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FrugalZony on October 22, 2021, 01:40:07 PM
After a long dry spell I got an add with new company for a Barclays Card
I added the user online and confirmed "user added" in the portal with new company, while I was on hold with Barclays to just call in the SSN
Then I realised that the SSN disappears after you hit "user added".
I totally knew that, but I wasn't thinking at the moment.

Is there a way to get the SSN other than contacting new company.

Also, what are the recent datapoints regarding Barclays adds without SSN.
They used to post fine, but my last two ads earlier this year did not post and I recall several of you having the same issue so I am a bit concerned.

Barclays is BAU. Just add them online. No need for calling in SS number.
Thank you
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on October 22, 2021, 06:48:31 PM
In the last month I've gotten the most AU with the new company (7) that I've ever gotten and 2 with the old company.   Is everyone else seeing a huge uptick adds?

Personally no, not yet.  But historically March, July, and October seem to be busier than average based on my almost three years of tracking data.

Just under 3 years here, just over 100 sales... my best months have been February, May, and August. Tends to drop off quickly after those first two, but, after August, Sept-Jan are less than the peak but stay consistently above average. It may be cyclical (either per company, or per sellers and how they get added and come off) for the first half of the year then solid in the 4th quarter?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on October 23, 2021, 12:22:13 PM
I've had 1 card with old company. Got 2 AUs pretty soon after signing up. Haven't had any since. It's a $11k limit with 4 year history. Has it been slow for anyone else?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: shingy on October 24, 2021, 11:40:36 AM
Just under 3 years here, just over 100 sales... my best months have been February, May, and August. Tends to drop off quickly after those first two, but, after August, Sept-Jan are less than the peak but stay consistently above average. It may be cyclical (either per company, or per sellers and how they get added and come off) for the first half of the year then solid in the 4th quarter?

Wow, that's impressive. I only have 22 in three years. Out of curiosity, how many cards do you have active?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 25, 2021, 06:21:20 AM
Just under 3 years here, just over 100 sales... my best months have been February, May, and August. Tends to drop off quickly after those first two, but, after August, Sept-Jan are less than the peak but stay consistently above average. It may be cyclical (either per company, or per sellers and how they get added and come off) for the first half of the year then solid in the 4th quarter?

Wow, that's impressive. I only have 22 in three years. Out of curiosity, how many cards do you have active?

The number of cards help, but just as important IMO is the desirability of the AU slots. My 2 oldest cards (15+ years old) sold out their maximum number of slots consistently for quite a while. 1 unfortunately got shut down and the other is still going strong at 3 years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on October 25, 2021, 07:27:49 AM
Just under 3 years here, just over 100 sales... my best months have been February, May, and August. Tends to drop off quickly after those first two, but, after August, Sept-Jan are less than the peak but stay consistently above average. It may be cyclical (either per company, or per sellers and how they get added and come off) for the first half of the year then solid in the 4th quarter?

Wow, that's impressive. I only have 22 in three years. Out of curiosity, how many cards do you have active?

The number of cards help, but just as important IMO is the desirability of the AU slots. My 2 oldest cards (15+ years old) sold out their maximum number of slots consistently for quite a while. 1 unfortunately got shut down and the other is still going strong at 3 years.

This post got me curious, so I went back over my records. Added my first AU on 12/7/17 (so just under 4 years) and I've had 373 sales since then with 5 different companies. I was quite the cc rewards whore for a while, and as a result have over $400k in available credit over 35+ cards. I've had a handful shut down, restricted, etc. (including all of my Chase and BoA cards), but have made $34k and counting since then so it's been worth the headaches!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on October 25, 2021, 10:46:46 AM
Just under 3 years here, just over 100 sales... my best months have been February, May, and August. Tends to drop off quickly after those first two, but, after August, Sept-Jan are less than the peak but stay consistently above average. It may be cyclical (either per company, or per sellers and how they get added and come off) for the first half of the year then solid in the 4th quarter?

Wow, that's impressive. I only have 22 in three years. Out of curiosity, how many cards do you have active?

I'm up to selling on nine between old and new. Three more are currently aging in wait for the next time the old company opens up new slots.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on October 25, 2021, 10:54:02 AM
Just under 3 years here, just over 100 sales... my best months have been February, May, and August. Tends to drop off quickly after those first two, but, after August, Sept-Jan are less than the peak but stay consistently above average. It may be cyclical (either per company, or per sellers and how they get added and come off) for the first half of the year then solid in the 4th quarter?

Wow, that's impressive. I only have 22 in three years. Out of curiosity, how many cards do you have active?

The number of cards help, but just as important IMO is the desirability of the AU slots. My 2 oldest cards (15+ years old) sold out their maximum number of slots consistently for quite a while. 1 unfortunately got shut down and the other is still going strong at 3 years.

Heh I just checked, by far my biggest sellers have been under 4 years old with under $3000 credit limits. I opened those just for tradeline sales. Most of those sales were in the first 1-3 years. I guess those cheap slots that I only got paid $25 for were easy to fill when someone needed a quick boost.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 26, 2021, 04:46:58 AM
Just under 3 years here, just over 100 sales... my best months have been February, May, and August. Tends to drop off quickly after those first two, but, after August, Sept-Jan are less than the peak but stay consistently above average. It may be cyclical (either per company, or per sellers and how they get added and come off) for the first half of the year then solid in the 4th quarter?

Wow, that's impressive. I only have 22 in three years. Out of curiosity, how many cards do you have active?

The number of cards help, but just as important IMO is the desirability of the AU slots. My 2 oldest cards (15+ years old) sold out their maximum number of slots consistently for quite a while. 1 unfortunately got shut down and the other is still going strong at 3 years.

Heh I just checked, by far my biggest sellers have been under 4 years old with under $3000 credit limits. I opened those just for tradeline sales. Most of those sales were in the first 1-3 years. I guess those cheap slots that I only got paid $25 for were easy to fill when someone needed a quick boost.

Yep, understandable. Those are desirable slots. I only have very limited experience with $25/AU slots as I generally like to season the cards for a full 2 years. My oldest card was selling out regularly at $200/slot. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on October 26, 2021, 04:48:10 AM
Just under 3 years here, just over 100 sales... my best months have been February, May, and August. Tends to drop off quickly after those first two, but, after August, Sept-Jan are less than the peak but stay consistently above average. It may be cyclical (either per company, or per sellers and how they get added and come off) for the first half of the year then solid in the 4th quarter?

Wow, that's impressive. I only have 22 in three years. Out of curiosity, how many cards do you have active?

The number of cards help, but just as important IMO is the desirability of the AU slots. My 2 oldest cards (15+ years old) sold out their maximum number of slots consistently for quite a while. 1 unfortunately got shut down and the other is still going strong at 3 years.

This post got me curious, so I went back over my records. Added my first AU on 12/7/17 (so just under 4 years) and I've had 373 sales since then with 5 different companies. I was quite the cc rewards whore for a while, and as a result have over $400k in available credit over 35+ cards. I've had a handful shut down, restricted, etc. (including all of my Chase and BoA cards), but have made $34k and counting since then so it's been worth the headaches!

That's impressive! Seems like a small headache compared to the rewards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on October 26, 2021, 11:11:22 AM
I had a weird experience with Citi. I added a user over the phone, but toward the end of the call, there were some technical issues on the rep's end. The end result seems to be that while the user the was added, a card was not issued or mailed. Actually, I got an email afterwards that said: "Due to a system issue, we were unable to mail the card for your authorized user(s)" and mentioned I could request a new card by calling in. 

I've only had a handful of adds across the two companies, and have never bothered to activate the AU cards, so I'm thinking I can just ignore this? Seems like the AU should post given that they were in fact added, but I thought run the situation by the experts here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on October 26, 2021, 11:22:54 AM
Have had this happen quite a few times with Citi.  If you see the add in your account you're probably fine.  Some of the non-US reps botch this so it's always good to check via your login.  Citi doesn't give new card numbers anyway. 


I had a weird experience with Citi. I added a user over the phone, but toward the end of the call, there were some technical issues on the rep's end. The end result seems to be that while the user the was added, a card was not issued or mailed. Actually, I got an email afterwards that said: "Due to a system issue, we were unable to mail the card for your authorized user(s)" and mentioned I could request a new card by calling in. 

I've only had a handful of adds across the two companies, and have never bothered to activate the AU cards, so I'm thinking I can just ignore this? Seems like the AU should post given that they were in fact added, but I thought run the situation by the experts here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on October 26, 2021, 12:19:36 PM
Have had this happen quite a few times with Citi.  If you see the add in your account you're probably fine.  Some of the non-US reps botch this so it's always good to check via your login.  Citi doesn't give new card numbers anyway. 

Thanks. And yeah the AU is listed on my account, so I think I'll wait and see what happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on October 26, 2021, 12:26:13 PM
Yes I as well have had the issue with Citi... the AU is added but the card can't be issued.

I'll get a letter in the mail a week later saying the same.

The AU has always posted. I think the first time, I followed up with Citi and jumped through whatever hoops to issue a card. After that, though, I haven't bothered. (I think the first reason they gave was my card was about to reach its expiration date and they couldn't send a new AU card until my original card renewed. But it's kept happening since, so, that can't be it)

As long as they show up on the citi website on my account, they've posted just fine.

This card issue failure seems to happen on 75-90% of my Citi adds. I just ignore it now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on October 30, 2021, 10:02:09 AM


Today I got 3 au adds for my barclays with old company. I had 2 for this card in june, when barclays had all the issues of not reporting, but my cards did post- I had called in to add them and was able to add their Ss#
So that was fine.

But today I have 3 and Im kind of nervous about calling and adding 3 all at once, from people spread out over the country, does that look really weird to them? Or the rep doesnt care?
I could add them online, but that doesnt let you add the ss#.

thoughts?



After a long dry spell I got an add with new company for a Barclays Card
I added the user online and confirmed "user added" in the portal with new company, while I was on hold with Barclays to just call in the SSN
Then I realised that the SSN disappears after you hit "user added".
I totally knew that, but I wasn't thinking at the moment.

Is there a way to get the SSN other than contacting new company.

Also, what are the recent datapoints regarding Barclays adds without SSN.
They used to post fine, but my last two ads earlier this year did not post and I recall several of you having the same issue so I am a bit concerned.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 30, 2021, 10:37:09 AM
It's barclays, you don't need to call, just add online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 30, 2021, 03:11:06 PM
It's barclays, you don't need to call, just add online.

+1.  From an Old Company recent email, talking about Barclays being back:

"You may add the AU online or over the phone, as we’ve seen both the online and over the phone method result in postings for August. If you add the AU online, always include their address. If you add the AU over the phone always add the SSN. Once you have successfully added the AU, we request that you monitor your account to make sure the AU doesn’t drop and add a balance of at least $10 (but always below 10% utilization)."

I've always added Barclays AUs online, and only had one ever not post.  The one non-post was during the Barclay troubled month, and I got paid half the commission.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on October 31, 2021, 12:13:08 AM
thank you Secondcor521
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: threepacballer on November 01, 2021, 11:46:30 AM
Is anyone having issues logging in with old company? I get a untrusted web site on both browsers and it won't go to the login page. Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 01, 2021, 11:58:19 AM
Is anyone having issues logging in with old company? I get a untrusted web site on both browsers and it won't go to the login page. Thanks

It's a periodic issue.  It should be fixed, but has been around for months.

I ignore the "unsafe" message from Google and proceed (there's a "go ahead, I'm not worried" button somewhere you can find.  But I like to live life on the edge.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on November 17, 2021, 07:00:36 AM

Looks like it is only care credit from the email they sent out this week.  (Also, listed above from ARS but I missed it originally).

For those who have care credit, what's the deal with this card? Can you only use it for healthcare expenses and nothing else? It's not 100% clear from reading their website.

Another question: when you got the card, did they give you a high credit line compared to other issuers?

When my wife got lasik surgery they were running a 0% APR financing, which turns out to just be the care credit card.  Surgery was a little over $4k and I think they put the limit slightly over that at like $5k.  We set up autopayments to complete at the end of the promo period, and never used the card for anything else.  When I found out the old company accepted the care credit card I requested a credit limit increase to $16k to get into the next payment tier and was instantly approved, despite never using the card outside of the original financing like 3 years ago.  Since we never used it I can't comment on how it's actually used (I actually posted the same question a week ago or so).  I'm pretty sure when we originally got the account and they sent us a physical card we decided we were never going to use it, so just shredded it immediately.  Now that we are going to sell TL on it I've requested they send me another physical copy of the card, but it hasn't arrived yet.  When it does I'm going to try and see where/what I can charge on it and will report back in this thread.

My original card (the closed one) had a CL of +20k (don't remember exactly and don't really want to waste time on that). I think this is their max. I have other cards with similar CL, so I guess the same as others. My new card that I got absolutely right away (which is very nice of them) has only $5.5K CL, and I still mature it, so don't really care about the CL as of right now, plus I don't use it now (even for vet bills).

Usage: my old card was used heavily for vet appointments, pets emergency rooms and such, you can put (don't quote me - vet's offices would tell you better) >$200 on 6m financing. They have 9 and 12m financing for more expensive purchases (when you have financing on you card, it's a balance that counts for TL purposes as long as it's less than 10% of your CL). When I didn't have any financing on the card, I was able to use the card at Walmart for purchasing beauty products which actually included soap and shampoo, vitamins and such. I'm pretty sure there is a list of all those things on their website (I didn't try to find the list bc I thought by the time I get the link or a pic here, someone would have posted it already).

What I usually do with my cards used for TLs only: I find one-two days a months when I can use all of them to post (they close on different dates and I like to keep it that way). So, for example on the 23rd each month I personally go to Walmart and buy bread or something that we always need and then pay with a different card for each bread (as long as the purchase is >$2 so it's not "forgiven"). And with care credit I pay for soap or vitamins. It does look weird, but I use self service and as long as I don't steal, I don't think anybody minds.

I'm pretty sure you can use Care credit in dental office (not all, just ask), some private clinics. They extend the list every year.

I don't use vet or dr services frequently enough to ensure I get a charge on every cycle. 

I've read on their website how it can be used at certain vendors for OTC medicine and health/beauty stuff, but I don't understand the mechanism.  How do they differentiate between aspirin and soda when I'm at the register? I know CVS can differentiate between them, but when the card is scanned how does synchrony know what exactly is being purchased?

I sold a spot on the care credit card.  Bought vitamins at walgreens and the card worked like a regular credit card.

Last month I purchased some item from the OTC section plus several books of stamps and it worked fine.  Yesterday I decided I didn't need any over priced OTC stuff from walgreens so I just bought a $6 bag of m&ms and it worked fine.  Luckily walgreens is right on my way home so it's easy to stop and make a purchase each month.  Kind of a pain in the ass, but worth it for that $125 income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on November 18, 2021, 07:08:09 PM
My sales have gone dead, anyone else?  Old company, I have a Barclays which used to sell out 2 spots consistently, a Discover card that sold decently and I added a chase card the last enrollment which hasn’t yet sold a spot. Nothing in the last 4 months. Is this normal? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on November 18, 2021, 07:20:25 PM
Got a sale today, and another one a few days ago.  No drop for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 18, 2021, 07:48:25 PM
My sales have gone dead, anyone else?  Old company, I have a Barclays which used to sell out 2 spots consistently, a Discover card that sold decently and I added a chase card the last enrollment which hasn’t yet sold a spot. Nothing in the last 4 months. Is this normal?

My sales history has varied over the years on a month-to-month basis and on a card-by-card basis.

What you could do is just double check that your cards show active in the portal.

I do think that as more people sign up, the existing sales are getting spread across more people so each of us is getting fewer sales.  This has been going on for a while now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on November 18, 2021, 08:42:23 PM
My sales have gone dead, anyone else?  Old company, I have a Barclays which used to sell out 2 spots consistently, a Discover card that sold decently and I added a chase card the last enrollment which hasn’t yet sold a spot. Nothing in the last 4 months. Is this normal?

My sales are slow but they always have been. So no real change here.
That's with 6 cards available.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on November 19, 2021, 06:19:23 AM
I see that care card is from synchrony bank, the care card. I have a synchrony bank card from last year maybe I can try that out. It seems that I saturated all the other banks and have not been approved lately for new cards. I do have a target card, maybe they take that.

I have not noticed any change in tradelines sales, but I also work with an unapproved company not with the company one nor the new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 20, 2021, 09:15:58 AM
My sales have dropped a bit, but I have a BBVA card that always sold 2 spots that the company sold the card to PNC and a Chase, big money card that got sold to Barclay.  It's been a few months for the changeover with no new AUs and I just had a few emails with Leslie Ann about both cards and confirmed the closing date, card age (which fortunately still is the same) and credit limit.  My understanding is that the Barclay holds are done now, so those cards can start coming off my low balance forgiveness list and get some AUs going.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on November 28, 2021, 09:12:58 PM
For the last 2 ½ years I have been increasing the number of cards I have and the credit limits.  However, in the last 3 months I have had no success, every request is denied.  I have gone from 2 cards to 17 currently, 248k credit limit, good income, credit score over 800, and carry no balances.

Is there any recommendation on how to continue CLIs and new card requests?

Thanks in advance
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 29, 2021, 07:00:45 AM
For the last 2 ½ years I have been increasing the number of cards I have and the credit limits.  However, in the last 3 months I have had no success, every request is denied.  I have gone from 2 cards to 17 currently, 248k credit limit, good income, credit score over 800, and carry no balances.

Is there any recommendation on how to continue CLIs and new card requests?

Thanks in advance

Understand that several providers won't even consider giving you a card if you have applied for too many.  Chase and Capital One are the 2 that I absolutely know for sure fall into this.  Cap One is actually more stringent than Chase.  So you can apply to the easier ones like BoA, who will shut down every account you have if they think something fishy is going on....like they did with me, or Wells Fargo, or the like.  As far as credit limit increases, they all look at number of cards and total credit vs your income.  It's pretty easy to increase your income with all the credit cards you have.  If you're reasonable about it, that can help.  Age of credit matters and credit karma shows this.  I always tend to hoover just under 5 years. 5 years is the good spot and of course every new card I get to collect that $200 sets me back with a 1 month old age.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 29, 2021, 11:17:46 AM
For the last 2 ½ years I have been increasing the number of cards I have and the credit limits.  However, in the last 3 months I have had no success, every request is denied.  I have gone from 2 cards to 17 currently, 248k credit limit, good income, credit score over 800, and carry no balances.

Is there any recommendation on how to continue CLIs and new card requests?

Thanks in advance

There are two sorts of limits.  One is sort of a speed limit in that the CC companies won't give you additional CL or additional cards at some sort of rate - for example, there's the famous Chase 5/2 rule, and many issuers will only consider CLIs every 6 months.

The other is sort of an absolute number limit, where the issuers will only give you X number of cards total or $Y in credit limits total.  This latter limit is, I think, broken into two:  each issuer will only give you a certain amount of credit, and all issuers collectively will only give you a total amount of credit across all issuers.

It sounds like you're bumping up against this latter limit, although some of your denials may be of the first kind if you're trying too often.

There are some things you can do:

1.  Increase your stated household income.  I'm fairly sure that a lot of what the issuers base their $Y decisions on is some multiple of your household income.  And I think, from my experience, that that multiple is about 1/3-ish of your annual income per issuer, and about 3x-ish your annual income overall.

2.  Increase your utilization.  Issuers will give you higher limits on specific cards if you're using the card a lot.  Like 1/2 of the credit limit each month for months on end.  So you could push a lot of spending through a single card for a few months, then ask for a CLI on that card.  Repeat with other cards.

3.  Play issuers off each other.  I think sometimes CC issuers get competitive with each other, so if you manage somehow to get a $20K line with AMEX, Chase will notice this and be more likely to give you a $20K line on your Chase card.  Ratchet them up by playing them off each other.

4.  Slow and small.  Often CC issuers will give you a small CLI without much fuss.  So if you ask for a $2K increase, that's hardly worth it for them to think about, analyze, and/or reject and annoy you their customer.  So you can ask for $2K increases every six months, which is small on an individual level, but if you get it on, say, 10 out of 17 cards, that's a $20K increase in your overall totals.

5.  Optimize your overall portfolio.  If you have CC's with moderate limits that for whatever reason you're not using, they are taking up your $Y limit to no benefit.  Cancel that $10K limit Sears card, and maybe CapOne will give you $10K more on your CapOne card where you can get more in piggybacking commissions.

6.  Very rarely, computerized CLI increase mechanisms are broken, and you can take advantage of this.  I once had a $99K AMEX limit because of this.  To take advantage of this, you just have to keep your eye out and probably monitor some sort of forum where people post notices about this.  (In the $99K AMEX thing, that was a FatWallet thread.  FatWallet has been defunct for a while.  There could be a Reddit forum for this kind of thing, I don't know.)

HTH.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on December 03, 2021, 06:59:03 AM
Received email from old company that the person currently on my Chase wants to extend it another cycle.
I  know Chase is notorious for closing accounts so this is a positive as the AU will be on there for 8 months before I add another AU.
Anyone else get an extension on the AU?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on December 03, 2021, 07:02:33 AM
Yes but with another company, you should get paid extra for that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 03, 2021, 07:30:22 AM
Received email from old company that the person currently on my Chase wants to extend it another cycle.
I  know Chase is notorious for closing accounts so this is a positive as the AU will be on there for 8 months before I add another AU.
Anyone else get an extension on the AU?

Yes.  Twice with old company so far, both on Chase cards actually.  I think it's quite a lovely thing, because it is very low effort for an additional commission (I got paid for the second repeat slot in both cases).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 03, 2021, 07:41:41 AM
I have had one person on an AmEx card that was first added in Nov 2020. She is still on the card - 2 month cycle, get paid every time she extends. Easiest money made yet!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on December 03, 2021, 07:51:42 AM
@ducky19 Curious how do you remove an Amex user? May I ask how much you get for that user? Is it per 2 months?
thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on December 03, 2021, 04:42:11 PM
Yes but with another company, you should get paid extra for that.

Yes, just need to confirm when the cycle renews and I'll get another $250. Easy $$ :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 05, 2021, 08:51:05 AM
I've mentioned that BBVA and Chase have sold cards to PNC and Barclays.  I expected everything would transfer over as is, which it did with PNC, but Barclays (AARP) did not transfer over the auto payment.  Got hit with a 50 cent interest charge.  I was pissed enough that I first thought of just cancelling the card, but thought a bit more and just had them add the auto payment, statement balance and let it pay off the card.  Hopefully the old company will start adding Barclays again and my tradeline payments will overshadow this.

C/N: When a card sells, make sure auto payment is still on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 05, 2021, 10:05:26 AM
I've mentioned that BBVA and Chase have sold cards to PNC and Barclays.  I expected everything would transfer over as is, which it did with PNC, but Barclays (AARP) did not transfer over the auto payment.  Got hit with a 50 cent interest charge.  I was pissed enough that I first thought of just cancelling the card, but thought a bit more and just had them add the auto payment, statement balance and let it pay off the card.  Hopefully the old company will start adding Barclays again and my tradeline payments will overshadow this.

C/N: When a card sells, make sure auto payment is still on.

Old Company has been doing Barclays for a few months now.

Unless you mean that you haven't signed up your Barclays card with old Company yet and are waiting/hoping for an enrollment period with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 06, 2021, 06:04:10 AM
@ducky19 Curious how do you remove an Amex user? May I ask how much you get for that user? Is it per 2 months?
thanks.
@BikeFanatic The cycle is for two months, once it's complete I will use the chat functionality in their website to remove the user. Usually takes about 3-4 minutes and is painless. That particular card ($26k limit) I'm getting $75 per two month cycle (it's $150 with the "old company"), $37.50 every 30 day extension. Definitely hope the "old company" sales pick up. I do get steady sales on all of my AmEx cards, so volume helps.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on December 08, 2021, 09:12:48 AM
Having started in 2018, and after 121 orders lifetime, I just had my very first shut down.  I logged into my Citi account today and 1 of my 3 cards displays this message: ""This account is closed. For further assistance, please visit our Contact Us page."  The card that was shut down only has had 4 orders on it in all, while the other two have had 13 and 2.

Is it best to rest my other two Citi cards for awhile?  Citi is so annoying to add over the phone, that I might just call it quits with Citi anyway.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 08, 2021, 09:57:28 AM
Having started in 2018, and after 121 orders lifetime, I just had my very first shut down.  I logged into my Citi account today and 1 of my 3 cards displays this message: ""This account is closed. For further assistance, please visit our Contact Us page."  The card that was shut down only has had 4 orders on it in all, while the other two have had 13 and 2.

Is it best to rest my other two Citi cards for awhile?  Citi is so annoying to add over the phone, that I might just call it quits with Citi anyway.

There are not (yet) too many data points.  I personally would like to see people post more about their shut down experiences so we can collectively attempt to discern any patterns and thus take advantage of them.

I've read that Chase shuts down all accounts, including banking accounts.

I had two US Bank cards shut down at the same time a year or two ago, either coincidentally as part of a broad review or maybe the person was told to look at other cards.  As an FYI, I was able to get two new USBank cards about two months ago, and those are aging now.

I had one of my Barclays card suspended for a while but it was unsuspended after a few months.  On that one I did lay low for a few months but then resumed AU sales without issue.

I had USAA call me and tell me to stop AU sales on their card.  Because I value my overall relationship with USAA, I chose to respect their request.

I've never had Citi troubles (yet).  I would *guess* that the fact that they only did one card could mean that the other cards are OK to continue with.  It's also possible that they're just going through a list in some sort of odd order and they'll shut down your other cards in the next week or so.  If I were in your shoes, I'd probably lay low for a couple of weeks, and if nothing happened I think the risk of a shutdown on the other two cards might be the same as any other card.

I've been doing this for about three years now.  I think as this community continues doing this, we're going to realize that it's just a matter of time until some cards get shut down, and I suspect many of us will experience that.

My strategy, FWIW, is to keep getting and aging new cards.  So overall I've lost three cards, but I have six more that I got recently that I intend to piggyback with in two years if the game is still afoot.  I'll point out that this works for me because I'm FIREd with a paid off house and car, so I don't really need good credit (although I currently still have it).  For people who are younger and may need their credit, they may want to take a different approach.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 09, 2021, 07:42:25 AM
Shutdown experiences... oh my, where to start?

I had 5 cards with Chase, sold a total of 10 slots on two cards in a year and a half. Chase did not approve, so they shut down all of my cards. Over $85k in credit limit gone like a fart in the wind.

Bank of America - also had 5 cards with $42k in credit. Sold 9 slots in about the same time period as Chase. Shut down all five cards.

Capital One - my oldest card (2004) was restricted after 3 slots sold. I assumed the card was going to be shut down, so I just let it go. After a year of it being restricted, I called in and spent a half hour on the phone, but was able to get the restriction lifted. Didn't sell any more slots on that card. Got a Venture card in 2017 and sold two slots on it before it was just shut down. Oldest card is still open though.

Citi has never given me any grief - I do have to go to their fraud department occasionally to verify I'm me, and I hate calling them in. Barclay is never a problem, PNC, Associated Bank, AmEx, no issues.

Moral of the story though, Chase and Bank of America will shut down ALL of your cards. If they make up a larger percentage of your total available credit limit, I would think twice before selling on them. For me, the loss of over $100k in credit limit sucked, but I still have over $400k in available credit so I'm good.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 03, 2022, 04:24:10 PM
Getting shutdown by BofA this year hurt.  Got and survived financial review at Amex.   But just did the math and made over 25k in 2021 with this side hustle so pretty happy about that.  Seems to be picking up with lots of sales too to start the year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on January 03, 2022, 08:31:38 PM
I made just over $2K in 2021, mostly on a single, high limit card. I added a couple of more cards late in the Fall, so should make a little more next year. I'm calling this a win since, as arebelspy says, it's extremely little effort on my part.

Does anyone know the answer to this question:
I've had a credit freeze at the "big four" credit reporting agencies on ever since someone tried to fraudulently open a card in my name about 5 years ago and they seemed to have all of my info. This had nothing to do before tradelines, just to be clear, it was way before I was selling tradelines. However, a couple of my cards still have that "free credit score" feature, and they seem to be able to update my credit score every month. How are they doing that if I have a freeze on my credit reports at all of the agencies?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 03, 2022, 11:10:43 PM
I've had a credit freeze at the "big four" credit reporting agencies on ever since someone tried to fraudulently open a card in my name about 5 years ago and they seemed to have all of my info. This had nothing to do before tradelines, just to be clear, it was way before I was selling tradelines. However, a couple of my cards still have that "free credit score" feature, and they seem to be able to update my credit score every month. How are they doing that if I have a freeze on my credit reports at all of the agencies?

A credit freeze prevents the ability for a potential creditor to get information on you from the credit bureaus.  It does not prevent people who have already granted you credit from providing information on you to the credit bureaus.  There are two directions in which data is flowing, and your credit freeze only affects one of them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on January 05, 2022, 04:50:09 PM
What's the conventional wisdom on the number of AUs that can be carried at any one time? I have a Citi card listed with two companies and could end up with 4 adds total, though I've never gone above 2.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 05, 2022, 06:27:11 PM
What's the conventional wisdom on the number of AUs that can be carried at any one time? I have a Citi card listed with two companies and could end up with 4 adds total, though I've never gone above 2.

Old Company has recommendations for number of slots that vary by issuer.  I always follow their recommendations, although you can perhaps choose to have more slots if you're willing to take the risk and the TL company you're using is willing to go along with it.

Occasionally the Old Company (and maybe New Company as well, I can't recall) will have situations where they want or need you to temporarily exceed your number of slots.  This is usually temporary.  I decide these on a case-by-case basis, but I decline more often than I accept.  When I decline, Old Company has not had an issue with it.

If you're listing with multiple companies, then you're taking a risk, one that I personally find excessive but reasonable people can disagree.  You might average more sales in the short term, but you're increasing the risk of either (a) getting the card shut down, or (b) choosing to decline an order to manage your risk.  If you do either of these too much and the TL company figures out what you're doing, I think they're likely to dis-enroll you.

The established wisdom with all games of this type is to milk it at a reasonable level.  Going too fast typically results in higher results for a shorter period of time, but the cumulative total is typically less.  Going too fast also tends to accelerate the game getting restricted or shut down entirely.  This is why I follow all of the recommendations from the TL companies - to keep the game going for everyone, and to maximize my total lifetime income from the game.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on January 05, 2022, 08:54:24 PM
What's the conventional wisdom on the number of AUs that can be carried at any one time? I have a Citi card listed with two companies and could end up with 4 adds total, though I've never gone above 2.
I believe that to enroll a card with either of the companies discussed here you agree to not list that card with another company.

Whether you choose to abide by their policy or not is a different matter, but it might be good to check to see if you are violating their policy or not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on January 05, 2022, 09:29:16 PM
My sales have gone dead, anyone else?  Old company, I have a Barclays which used to sell out 2 spots consistently, a Discover card that sold decently and I added a chase card the last enrollment which hasn’t yet sold a spot. Nothing in the last 4 months. Is this normal?

Another 2 months have gone by with no sales. I’m pretty discouraged at this point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on January 05, 2022, 11:41:44 PM
My sales have gone dead, anyone else?  Old company, I have a Barclays which used to sell out 2 spots consistently, a Discover card that sold decently and I added a chase card the last enrollment which hasn’t yet sold a spot. Nothing in the last 4 months. Is this normal?

Another 2 months have gone by with no sales. I’m pretty discouraged at this point.
Yeah, sales have dipped quite a bit the second half of this year. I'm not sure of the factors. Give it time, I'm betting it's at least partly cyclical.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 06, 2022, 07:05:22 AM
They made barclays available for sale again, but I haven't sold a spot on that since the non-postings were happening.   I'm getting consistent sales on discover, amex, and synchrony.  Less frequent with the citi.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on January 06, 2022, 10:19:22 AM
Anyone have recent reports with Chase and getting accounts shut down? I have a bunch of cards and feel like it's a waste not being able to leverage them. Has anyone noticed any "patterns" with Chase that work and that don't? I would imagine if I sold a single spot on a card or two, it likely wouldn't raise flags versus selling several and across multiple cards... we have a lot of Chase cards that we use and depend on a lot (for points, etc) so the risk of having all of them canceled because of selling spots seems a bit high.

So far, all the spots on my and my wife's Discover cards are sold out. We are AUs on each other's cards too but I'm thinking that's a bit much and might as well just free those spots up for sale.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 06, 2022, 10:24:54 AM
My sales have gone dead, anyone else?  Old company, I have a Barclays which used to sell out 2 spots consistently, a Discover card that sold decently and I added a chase card the last enrollment which hasn’t yet sold a spot. Nothing in the last 4 months. Is this normal?

Another 2 months have gone by with no sales. I’m pretty discouraged at this point.
Yeah, sales have dipped quite a bit the second half of this year. I'm not sure of the factors. Give it time, I'm betting it's at least partly cyclical.

Very slow for me too. I've got a Barclays and Discover card with the old company and was selling at least 1-2 slots on each consistently last year but haven't had anything on the Barclays card since the issue last summer where they stopped posting. In the meantime, all it costs me is a modest annual fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 06, 2022, 10:34:36 AM
Anyone have recent reports with Chase and getting accounts shut down? I have a bunch of cards and feel like it's a waste not being able to leverage them. Has anyone noticed any "patterns" with Chase that work and that don't? I would imagine if I sold a single spot on a card or two, it likely wouldn't raise flags versus selling several and across multiple cards... we have a lot of Chase cards that we use and depend on a lot (for points, etc) so the risk of having all of them canceled because of selling spots seems a bit high.

So far, all the spots on my and my wife's Discover cards are sold out. We are AUs on each other's cards too but I'm thinking that's a bit much and might as well just free those spots up for sale.

I have one Chase card with the old company and it stays full with 2 AUs all the time.  It's my only Chase anything, so although the 5% rewards are some quarters great, I wouldn't be devastated if it got shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on January 06, 2022, 10:46:35 AM
Anyone have recent reports with Chase and getting accounts shut down? I have a bunch of cards and feel like it's a waste not being able to leverage them. Has anyone noticed any "patterns" with Chase that work and that don't? I would imagine if I sold a single spot on a card or two, it likely wouldn't raise flags versus selling several and across multiple cards... we have a lot of Chase cards that we use and depend on a lot (for points, etc) so the risk of having all of them canceled because of selling spots seems a bit high.

So far, all the spots on my and my wife's Discover cards are sold out. We are AUs on each other's cards too but I'm thinking that's a bit much and might as well just free those spots up for sale.

I have one Chase card with the old company and it stays full with 2 AUs all the time.  It's my only Chase anything, so although the 5% rewards are some quarters great, I wouldn't be devastated if it got shut down.

Yea, if you don't use it often it's NBD. In our case, we accumulate a lot of points and use these cards a lot. I thought I read that Chase can and will shut down ALL associated accounts if they determine you are "outside of the bounds" of acceptable use as far as AUs are concerned.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 06, 2022, 11:23:43 AM
My barclays cards are staying pretty busy again (past 2-3 months).

My AMEX that was added a few months ago however has seen no action.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 06, 2022, 01:07:38 PM
Anyone have recent reports with Chase and getting accounts shut down? I have a bunch of cards and feel like it's a waste not being able to leverage them. Has anyone noticed any "patterns" with Chase that work and that don't? I would imagine if I sold a single spot on a card or two, it likely wouldn't raise flags versus selling several and across multiple cards... we have a lot of Chase cards that we use and depend on a lot (for points, etc) so the risk of having all of them canceled because of selling spots seems a bit high.

So far, all the spots on my and my wife's Discover cards are sold out. We are AUs on each other's cards too but I'm thinking that's a bit much and might as well just free those spots up for sale.

I have one Chase card with the old company and it stays full with 2 AUs all the time.  It's my only Chase anything, so although the 5% rewards are some quarters great, I wouldn't be devastated if it got shut down.

Yea, if you don't use it often it's NBD. In our case, we accumulate a lot of points and use these cards a lot. I thought I read that Chase can and will shut down ALL associated accounts if they determine you are "outside of the bounds" of acceptable use as far as AUs are concerned.

Correct.  Chase will shut down all Chase cards, and you will lose all points, and you won't be able to appeal to get them back - the accounts or the points.  They may even close down checking/savings.

The risk overall is hard to quantify.  More slots and more AUs (either at once or over time) increase risk.  Not following the TL companies' recommendations increases risk.

It does seem that many of the big players go through hunting phases.  I imagine they run queries on their customers and search for those accounts with, say, more than 10 AUs lifetime on the account.  They then have analysts look at those accounts and see if it looks like piggybacking.  They then may look at your overall activity and see if they want to keep the account open or close it on you and how much further to go in terms of closing other accounts.  That's my plausible story anyway.

When the TL companies see this, the good ones will preemptively slow down or stop adds with those companies and then carefully proceed after a while to make sure the danger has passed for the time being.

Personally I segregate my piggybacking cards from my regular cards that I use.  On the one hand, this makes it more obvious what I'm doing (piggybacking) if they look at my account history.  On the other hand, if a piggybacking card gets shut down I don't lose several hundred K of UR points or whatever.  I'm comfortable with those tradeoffs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: redwheel92 on January 06, 2022, 01:46:52 PM
Started selling AUs this summer and have started to get mail delivered with the name of former AUs with my address connected. This has been both promotional mail as well as one letter stating that their request for a credit line through Citizens One Personal Loans was denied. I assume mail is sent to my address since it is linked with their credit history now?

Just wanted to make sure there weren't bigger issues at play here or if this is normal. From a practical standpoint would linking my credit cards with a PO Box prevent this mail from coming to the house?

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 06, 2022, 03:42:03 PM
Started selling AUs this summer and have started to get mail delivered with the name of former AUs with my address connected. This has been both promotional mail as well as one letter stating that their request for a credit line through Citizens One Personal Loans was denied. I assume mail is sent to my address since it is linked with their credit history now?

Just wanted to make sure there weren't bigger issues at play here or if this is normal. From a practical standpoint would linking my credit cards with a PO Box prevent this mail from coming to the house?

Thanks!

Yes, it's normal.

Write "Return to sender - not at this address" and drop it back in the mail if it's First Class, otherwise recycle it.

I think using a PO Box would stop the mail from coming to your house.  But you might need to go empty the PO Box out from time to time.  And I think some businesses don't like sending mail to a PO Box.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on January 06, 2022, 05:30:34 PM
BTW: I'm seeing this note on one of my Discover accounts -
"You've reached the maximum number of requests to add Authorized Users at this time.
You'll be able to add your next Authorized User on 07/23/2022 if you have fewer than 5 Authorized Users at that time."

Didn't realize this but I guess Discover 'rate-limits' you at a certain threshold? Is this new or has it always been like this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 06, 2022, 05:52:52 PM
BTW: I'm seeing this note on one of my Discover accounts -
"You've reached the maximum number of requests to add Authorized Users at this time.
You'll be able to add your next Authorized User on 07/23/2022 if you have fewer than 5 Authorized Users at that time."

Didn't realize this but I guess Discover 'rate-limits' you at a certain threshold? Is this new or has it always been like this?

It's been that way for a while.  There have been previous comments on it on this thread...perhaps do a search backwards for those posts?  I think Old Company is aware of the issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on January 06, 2022, 08:59:10 PM
BTW: I'm seeing this note on one of my Discover accounts -
"You've reached the maximum number of requests to add Authorized Users at this time.
You'll be able to add your next Authorized User on 07/23/2022 if you have fewer than 5 Authorized Users at that time."

Didn't realize this but I guess Discover 'rate-limits' you at a certain threshold? Is this new or has it always been like this?

It's been that way for a while.  There have been previous comments on it on this thread...perhaps do a search backwards for those posts?  I think Old Company is aware of the issue.
Yes, it’s been like this. But I’ve also heard that some people have been able to get around this by actually calling in to add the AU rather than adding online. I haven’t tried myself.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 07, 2022, 06:42:10 AM
Confirming when discover doesn’t let you add online and you have less than 5 you can call them in no problem.

Really busy to start the year for me with Barclays sales and others.

Had a friend get his Chase accounts  shut down recently.  BofA shut me down a few months back. Never sell an account you can’t afford to lose. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 07, 2022, 11:03:13 AM
Started selling AUs this summer and have started to get mail delivered with the name of former AUs with my address connected. This has been both promotional mail as well as one letter stating that their request for a credit line through Citizens One Personal Loans was denied. I assume mail is sent to my address since it is linked with their credit history now?

Just wanted to make sure there weren't bigger issues at play here or if this is normal. From a practical standpoint would linking my credit cards with a PO Box prevent this mail from coming to the house?

Thanks!

Yes, it's normal.

Write "Return to sender - not at this address" and drop it back in the mail if it's First Class, otherwise recycle it.

I think using a PO Box would stop the mail from coming to your house.  But you might need to go empty the PO Box out from time to time.  And I think some businesses don't like sending mail to a PO Box.

lol, I had someone from the sheriff's department stop by the other day looking for an authorized user to serve them. Second time it's happened. I just told him the person was an authorized user on my credit card, had never lived there, and I didn't know where they lived - he thanked me for my time and left. NBD.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on January 08, 2022, 05:27:21 PM
Sales seemed slightly down in the last few months of 2021 but things are already picking up now in early 2022.

I hit the lifetime max on my best Barclays card last year, so I'm in the multi-year process of seasoning a few others. I recently started selling AMEX lines, so that has picked up some of the slack as well. Overall, I made over $12K last year, for doing almost no work. Not bad!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on January 08, 2022, 10:22:25 PM
Started selling AUs this summer and have started to get mail delivered with the name of former AUs with my address connected. This has been both promotional mail as well as one letter stating that their request for a credit line through Citizens One Personal Loans was denied. I assume mail is sent to my address since it is linked with their credit history now?

Just wanted to make sure there weren't bigger issues at play here or if this is normal. From a practical standpoint would linking my credit cards with a PO Box prevent this mail from coming to the house?

Thanks!

Yes, it's normal.

Write "Return to sender - not at this address" and drop it back in the mail if it's First Class, otherwise recycle it.

I think using a PO Box would stop the mail from coming to your house.  But you might need to go empty the PO Box out from time to time.  And I think some businesses don't like sending mail to a PO Box.

I get a kick out of some of the mail we get for previous AUs. They're getting their own credit card offers now - which means that they're doing well and the tradeline worked to improve their credit. We smile and say, 'good for you, AU' as we toss the offer into recycling.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 09, 2022, 01:35:39 PM
I find the mail amusing.  In AU names, I get these all the time:

Offers for credit cards.  Sometimes several new AUs get the same mailing from the same company.

Letters from collection agencies.

Letters from government officials.  Sheriffs, courts and such.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 13, 2022, 08:03:49 AM
1099s are available with the old company.  $5450 income for doing close to nothing.  Whenever they open for new cards again, I've got a bunch I can add. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 13, 2022, 01:58:11 PM
About $1,000 here for my two cards. It was a pretty slow year. Hopefully 2022 is better.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 18, 2022, 09:18:02 PM
I got my first AU on an AMEX card this week.  Yahoo!    But...

Amex web site is telling me:

Thanks, XXXX. We've received your application, but we can't give you a decision right now.

Pending personal verification of your application, the following Additional Card(s) will arrive at your primary billing address in a plain white envelope displaying the American Express Blue Box logo, addressed to each individual below, and with a return address in Omaha, Nebraska.

We'll process your application as soon as possible and send you a decision within 14 days.



Is this normal? 

If so, do I mark AU as added on old company's site or wait?

I appreciate any guidance here.  I did not see any instructions about this in initial emails from old co regarding AMEX enrollments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 19, 2022, 04:25:21 AM
When I’ve seen that before it was an issue Amex had with the individual (probably defaulted on an Amex card before).  TL companies usually screen for that though so it could be an Amex systems thing too.   Maybe worth chatting with Amex to ask on status or the issue.  When they reject you usually know pretty quick.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on January 19, 2022, 04:36:06 AM
Amex has done that to me also on several occasions. In my experience they will add the user eventually but may take a few days even a week or more. I have added many users to Amex over 50 and they only totally rejected one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 19, 2022, 09:47:31 AM
Thanks for the replies!  I'm hoping for a successful outcome.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on January 24, 2022, 02:24:19 PM
Quick question but what is the *typical* payout schedule for you guys based on? Is it based on 2 months (or whatever) from the date you confirmed adding the user OR do all the companies only pay you 2 months from the post date?

I added an AU with a company back on 11/27 and just asked them about payment and they told me this AU didn't post first cycle, implying that I'm not going to get paid this month... I'm a bit confused.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 24, 2022, 04:46:42 PM
Quick question but what is the *typical* payout schedule for you guys based on? Is it based on 2 months (or whatever) from the date you confirmed adding the user OR do all the companies only pay you 2 months from the post date?

I added an AU with a company back on 11/27 and just asked them about payment and they told me this AU didn't post first cycle, implying that I'm not going to get paid this month... I'm a bit confused.

Old Company pays regularly on the last (business?) day of the month following the month in which the AU was added.  So a user added today with Old Company would get paid on 2/28.  Sometimes even a day or two earlier.

I haven't dealt with New Company recently.  Last I did, they paid eventually but it could be months and months and required frequent hounding.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 24, 2022, 05:17:01 PM
What do you do with the AU cards you receive? Do you shred them? Or just cut them up? My shredder died and I wonder if I should get a new one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 24, 2022, 05:19:33 PM
I bought a cheap Amazon basics shredder that also shreds credit cards. Have been using it for a few years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 24, 2022, 05:22:04 PM
What do you do with the AU cards you receive? Do you shred them? Or just cut them up? My shredder died and I wonder if I should get a new one.

I activate them (probably overkill, but recommended), stick them in a "piggybacking" folder, then shred them after removing them as AU.  I also track receipt, activation, removal, and destruction dates in my tracking spreadsheet.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 24, 2022, 06:08:33 PM
For me, new company pays after I email them 2 or 3 times asking why I haven't been paid in the last year and a half, then I PM Joe and he works his magic and I get a payment.

Old company is so much better.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 24, 2022, 07:40:37 PM
One of my cards is a Capital One SAVOR and the cards are metal. I've got a stack of them in a drawer (never activated) because I can't shred them. I have a couple of return envelopes and while I know intellectually the person receiving and destroying those metal cards gives zero fucks about TL sales or multiple AUs, I still feel hesitant to send back 4-5 cards with different names in one envelope.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 24, 2022, 07:42:52 PM
One of my cards is a Capital One SAVOR and the cards are metal. I've got a stack of them in a drawer (never activated) because I can't shred them. I have a couple of return envelopes and while I know intellectually the person receiving and destroying those metal cards gives zero fucks about TL sales or multiple AUs, I still feel hesitant to send back 4-5 cards with different names in one envelope.

So send them back one per envelope?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 24, 2022, 08:14:19 PM
One of my cards is a Capital One SAVOR and the cards are metal. I've got a stack of them in a drawer (never activated) because I can't shred them. I have a couple of return envelopes and while I know intellectually the person receiving and destroying those metal cards gives zero fucks about TL sales or multiple AUs, I still feel hesitant to send back 4-5 cards with different names in one envelope.

So send them back one per envelope?

I've got about a dozen cards and only a few return envelopes.

At some point I'll probably just throw them in the trash. It's not like they're any good.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 25, 2022, 08:55:50 AM
Does anyone run their tradelines as an LLC? Are you able to deduct a card's annual fee as an expense? Are you able to deduct the card's annual expense if you run as a sole proprietor?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 25, 2022, 09:07:45 AM
Does anyone run their tradelines as an LLC? Are you able to deduct a card's annual fee as an expense? Are you able to deduct the card's annual expense if you run as a sole proprietor?

No, yes, and yes.  Probably Schedule C line 10 Commissions and Fees.  https://www.irs.gov/pub/irs-pdf/f1040sc.pdf
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 25, 2022, 09:34:49 AM
Does anyone run their tradelines as an LLC? Are you able to deduct a card's annual fee as an expense? Are you able to deduct the card's annual expense if you run as a sole proprietor?

No, yes, and yes.  Probably Schedule C line 10 Commissions and Fees.  https://www.irs.gov/pub/irs-pdf/f1040sc.pdf

That's exactly what I do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on January 25, 2022, 10:09:43 AM
Thanks.

Do you also check yes for qualified under 199A?

Do you deduct anything other than annual fees? I can't think of any other business expenses related to tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 25, 2022, 10:19:01 AM
Thanks.

Do you also check yes for qualified under 199A?

Do you deduct anything other than annual fees? I can't think of any other business expenses related to tradelines.

I think it qualifies for 199A.

There is the SEHI deduction, which is probably the biggest opportunity.  However, if you're on ACA there is an annoying circular reference in the tax code.

You could evaluate whether or not you qualify for the simplified method for a home office deduction.  The bar I found there was that the IRS requires that the space be exclusively used for the business, and "exclusive" is a high bar.

Perhaps you could deduct the cost of a shredder if you bought it to shred AU cards and correspondence.

In theory you could deduct a proportion of your cell phone and internet bills used for business purposes, but that amount is probably small enough to be a rounding error.

You could take a look at Schedule C and see if any of the other line items jump out at you as possibilities, then research items in those areas.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 25, 2022, 12:22:57 PM
One of my cards is a Capital One SAVOR and the cards are metal. I've got a stack of them in a drawer (never activated) because I can't shred them. I have a couple of return envelopes and while I know intellectually the person receiving and destroying those metal cards gives zero fucks about TL sales or multiple AUs, I still feel hesitant to send back 4-5 cards with different names in one envelope.

So send them back one per envelope?

I've got about a dozen cards and only a few return envelopes.

At some point I'll probably just throw them in the trash. It's not like they're any good.

When I closed my metal cards, I just wrote "closed" on them with a permanent marker, bent them and threw them in the trash. Never had a problem.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 25, 2022, 02:33:18 PM
Does anyone run their tradelines as an LLC? Are you able to deduct a card's annual fee as an expense? Are you able to deduct the card's annual expense if you run as a sole proprietor?
I don’t do an LLc, but a sole proprietorship. My accountant deducts my home office expenses and I contribute to a SEP IRA from my AU income as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 25, 2022, 04:51:49 PM
Does anyone run their tradelines as an LLC? Are you able to deduct a card's annual fee as an expense? Are you able to deduct the card's annual expense if you run as a sole proprietor?

No, yes, and yes.  Probably Schedule C line 10 Commissions and Fees.  https://www.irs.gov/pub/irs-pdf/f1040sc.pdf

That's exactly what I do.

Same here. I've got three Schedule Cs for different side businesses. One LLC and two sole proprietorships.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 26, 2022, 05:16:35 PM
One of my cards is a Capital One SAVOR and the cards are metal. I've got a stack of them in a drawer (never activated) because I can't shred them. I have a couple of return envelopes and while I know intellectually the person receiving and destroying those metal cards gives zero fucks about TL sales or multiple AUs, I still feel hesitant to send back 4-5 cards with different names in one envelope.

So send them back one per envelope?

Whoa.  Are the AU card numbers the same as your number?  Most cards, they are.  If that's the case and you throw them in the trash, someone finds them, they can spend, spend, spend until the charges get caught by you or the credit card company.
I've got about a dozen cards and only a few return envelopes.

At some point I'll probably just throw them in the trash. It's not like they're any good.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 26, 2022, 05:32:01 PM
One of my cards is a Capital One SAVOR and the cards are metal. I've got a stack of them in a drawer (never activated) because I can't shred them. I have a couple of return envelopes and while I know intellectually the person receiving and destroying those metal cards gives zero fucks about TL sales or multiple AUs, I still feel hesitant to send back 4-5 cards with different names in one envelope.

So send them back one per envelope?

I've got about a dozen cards and only a few return envelopes.

At some point I'll probably just throw them in the trash. It's not like they're any good.

Whoa.  Are the AU card numbers the same as your number?  Most cards, they are.  If that's the case and you throw them in the trash, someone finds them, they can spend, spend, spend until the charges get caught by you or the credit card company.

Nope, unique numbers on each one - they don't match my card (or the AU card my wife has). Also, they've never been activated and since they don't have my name on them there's no connection to my social security number - which is usually needed to activate a card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bangbang on January 28, 2022, 07:43:48 PM
I have a unique question. I believe I have run against a wall with my total limit across all my cards. My requests for credit limit increases are being denied. I have a high credit limit on Chase and BOA cards, which I don't want to sell tradelines on anymore because I don't want them closed (they are my oldest cards). I believe my high combined limit is limiting my ability to get more credit.

Would it be a wise strategy to seek credit limit reductions on my BOA and Chase cards to get higher credit limits on my less risky cards (like Barclays)? Has anyone tried this?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 28, 2022, 07:57:40 PM
Not really. The answer is complicated and varies by each bank.  If you’re not using your credit limits (which we often don’t selling TL) the companies aren’t going to up your CL.  Some banks care what you have elsewhere some don’t.

And companies are also going to limit their exposure.   Chase for instance won’t give more than 50% of your income or around 100k in cl

Want more opportunities?  Get cards with companies that you can sell but aren’t the mainstream.  Get a P2.   And check a place like doctor of credit for signup bonuses to make it worthwhile.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 28, 2022, 08:08:16 PM
I have a unique question. I believe I have run against a wall with my total limit across all my cards. My requests for credit limit increases are being denied. I have a high credit limit on Chase and BOA cards, which I don't want to sell tradelines on anymore because I don't want them closed (they are my oldest cards). I believe my high combined limit is limiting my ability to get more credit.

Would it be a wise strategy to seek credit limit reductions on my BOA and Chase cards to get higher credit limits on my less risky cards (like Barclays)? Has anyone tried this?

I've been in similar situations in the past and done similar things for similar reasons.  It makes sense to me.

I think the total CL across all cards will typically run around 3X household income.  If you're in that ballpark, you might be running into this issue.

You can usually drop the CL to $500 (or sometimes even $100) and keep the old cards open.  Chase and BofA are nearly certain to accommodate your request.

Of course, you're not guaranteed that Barclays etc. will give you higher limits.

You might want to first confirm your suspicions by looking at the reasons they're declining your CLIs, and confirming that your credit otherwise is stellar.  It would not be useful to go through the process halfway by lowering Chase and BofA then find out that Barclays etc. is declining your CLIs for some other reason.

Another avenue would be to open new cards with other piggybacking friendly issuers.  If they see stellar credit and high limits from other competing issuers, you can often get high limits from additional issuers somewhat regardless of your total existing CL.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on February 01, 2022, 11:39:07 AM
I have a question on transferring a credit line to a new card (Barclays).

Since I am probably nearing my lifetime AU’s with my current Barclays card, I want to try to open a new card by transferring the line from the old one to the new one. Would the AU’s currently on the old card get transferred to the new ones, or should I put this card on pause, wait for these AUs to finish their term, and then apply for the new card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on February 01, 2022, 11:40:37 AM
The AUs will stick with the current card, you can call and move CL around.  It also makes sense while your filling up an aged Barclays to try to get another one and move that CL over to the old one while the new one seasons.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 01, 2022, 03:42:54 PM
I have a question on transferring a credit line to a new card (Barclays).

Since I am probably nearing my lifetime AU’s with my current Barclays card, I want to try to open a new card by transferring the line from the old one to the new one. Would the AU’s currently on the old card get transferred to the new ones, or should I put this card on pause, wait for these AUs to finish their term, and then apply for the new card?

How do you know you're nearing the limit? What's the limit? I think the limit for Barclays can be different depending on the card and probably other things.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 01, 2022, 04:02:45 PM
Just be careful not to reduce the limit on cards while AUs are on it.  While they may not notice, if they do they might be peeved if they paid $X for a $20,000 limit for 3 months, and ended up getting a $20,000 limit on their credit report for one month and a $1,000 limit for the remaining two months.

And if they're peeved and complain to the piggybacking company, then they in turn will not be happy with you.

@Padonak, up thread there's a discussion about a lifetime limit on the number of AUs a Barclays card can have.  I don't recall the number offhand, and IIRC it varied slightly between reports, but it's a decently large number on the order of dozens.  Presumably @Reddart67 has kept track of how many AUs they've added and are nearing the limit.

The only solution I know of is to apply for a new Barclays card and season it, then shift CL over with care.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on February 01, 2022, 06:13:21 PM
My 25K Chase gets two AU's like clock work every 4 months for $250 each. I already got the big bonus cards in the past and really only use the Freedom card for bonus Catagories. With only a $75 max bonus each quarter, I feel the risk is worth it.

With that said, I would like to keep this going and minimize the risk of getting shut down. Last year I signed up for Chase checking account for the bonus and kept it, with a small DD each month going in. I also utilize the Chase card more frequently than I normally would, even though it's not optimal. I have also had several referrals sign up for Chase cards.

Do you think it matters that I have a the checking account, utilize the credit card more than one smal purchase a month, and dkrect business towards Chase as far as less chance of getting shut down?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 01, 2022, 06:25:16 PM
My 25K Chase gets two AU's like clock work every 4 months for $250 each. I already got the big bonus cards in the past and really only use the Freedom card for bonus Catagories. With only a $75 max bonus each quarter, I feel the risk is worth it.

With that said, I would like to keep this going and minimize the risk of getting shut down. Last year I signed up for Chase checking account for the bonus and kept it, with a small DD each month going in. I also utilize the Chase card more frequently than I normally would, even though it's not optimal. I have also had several referrals sign up for Chase cards.

Do you think it matters that I have a the checking account, utilize the credit card more than one smal purchase a month, and dkrect business towards Chase as far as less chance of getting shut down?

I understand and empathize with the thought process, but my personal opinion is that the checking and DD aren't doing you any good.  Using the card more might help a tiny bit, but not enough in my opinion to use credit cards less than optimally.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on February 02, 2022, 01:53:56 AM
I have a question on transferring a credit line to a new card (Barclays).

Since I am probably nearing my lifetime AU’s with my current Barclays card, I want to try to open a new card by transferring the line from the old one to the new one. Would the AU’s currently on the old card get transferred to the new ones, or should I put this card on pause, wait for these AUs to finish their term, and then apply for the new card?
You don’t need to transfer the limit when you open the new card. Just open the new card with its own credit limit asap to start seasoning it. You can transfer the your old card’s credit limit to the new card AFTER the old card has reached its lifetime limit. Transferring it any earlier just limits the earning potential of your current card.

Since Barclays has a lifetime AU limit, you want to maximize the value of each AU. That means maximizing your current card’s slots by keeping its limit high, AND It also means you should start seasoning a new card as early as possible, since selling slots on your new card when it hasn’t aged much isn’t optimal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on February 02, 2022, 07:46:28 AM
+1

Barclays will only give you a certain total credit limit, but don't let that stop you from getting the new card and seasoning it now. Once you hit your max AU limit on the other card, you can transfer all but $100-$500 of that card's limit to the new card before cancelling it.

Speaking of Barclay's and their max AU limit, did anyone else have a Barclay Uber card that was recently transitioned to a View card? I'm wondering if this change reset the limit. I know it varies - some people report being able to add as many as 35+ users before hitting the limit, but my experience has been 27 on the 3 cards I have used to date. My Uber/View card is now over 30, which gives me hope that the limit was reset when they made this change. This would be fantastic as it's my highest earning card ($250 per slot) and I am able to max it out with no issues every cycle. Anyone else have any insight? I'm keeping my fingers crossed at this point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 02, 2022, 10:16:45 AM
Question on 1099 and the new company.  I'm good with the old company as they say to use the chex flex whatever, and I simply printed out the 1099.  What's the deal with the new company?  Is there a number you have to go over to get a 1099?  Do they mail it or is there someplace to go on the web to find it like the old company?

I'm gathering my documents to do my taxes...obviously.  thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 02, 2022, 10:29:43 AM
Question on 1099 and the new company.  I'm good with the old company as they say to use the chex flex whatever, and I simply printed out the 1099.  What's the deal with the new company?  Is there a number you have to go over to get a 1099?  Do they mail it or is there someplace to go on the web to find it like the old company?

I'm gathering my documents to do my taxes...obviously.  thanks

New company should send you a 1099-NEC in the mail.  They're required to send them out by 1/31, which was two days ago, so it should be in the mail to you and arrive soon.  Apparently the Form 1099-NEC is only required for amounts of $600 or more.

(I actually haven't worked with New Company since 2019, so the above is my inference from how New Company behaved in 2019, the introduction of Form 1099-NEC, and the IRS instructions for Form 1099-NEC.  Someone still working with New Company may have better info.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 02, 2022, 05:07:12 PM
Speaking of Barclay's and their max AU limit, did anyone else have a Barclay Uber card that was recently transitioned to a View card? I'm wondering if this change reset the limit.

I tried to add an AU (wife) when another BC card switched to View.  It did not work and gave an odd error message.  I tried a couple of times and then gave up on it.  I assume (but don't know) that the AU count carried over from the prior card.  Good luck when it's your time!  Hope it works.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cassie on February 06, 2022, 01:34:20 AM
Since this thread is about adding authorized users to a CC I have a related question. I received a CC with a man’s name on it that I didn’t know. It was my account number and the letter was addressed to me. When I called my CC company they said it was fraud but no charges were made on my account. I am really confused how someone was able to do that. In addition with the card being mailed to me I don’t understand what the scam was. Thanks in advance for any information about this that you could provide.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on February 06, 2022, 04:15:51 AM
It for sure wasn't one of your Authorized users? Then someone added themselves to your account. Maybe they also have your online password ( like they added themselves online).  Lucky the credit card companies send the card to the primary card holder.
I would change my username and password for online access.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 06, 2022, 11:46:14 AM
What message do you get when you reach the AU limit with Barclays?

I tried to add an AU, answered security questions and got the following message. Tried the same thing twice with the same result.

Quote
Authorized user not added
The information you have entered is incorrect.
Please contact our Customer Service department as soon as possible at 888-232-0780.

Does it mean I have reached the limit?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on February 06, 2022, 11:56:28 AM
What message do you get when you reach the AU limit with Barclays?

I tried to add an AU, answered security questions and got the following message. Tried the same thing twice with the same result.

Quote
Authorized user not added
The information you have entered is incorrect.
Please contact our Customer Service department as soon as possible at 888-232-0780.

Does it mean I have reached the limit?

I am curious about this as well. I have a couple Barclaycards that are nearing the AU limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cassie on February 06, 2022, 04:37:05 PM
Bike fanatic, thanks for answering. I have never sold trade lines so have no authorized users. I just closed the account as I have 2 others.  When it happened I remembered about this thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on February 06, 2022, 05:17:36 PM
Bike fanatic, thanks for answering. I have never sold trade lines so have no authorized users. I just closed the account as I have 2 others.  When it happened I remembered about this thread.

If you just canceled today, I think there is a buyer's remorse period where you can say you've changed your mind, please reopen. Could depend on the bank, and could depend if my memory is faulty. :p
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on February 06, 2022, 05:20:25 PM
What message do you get when you reach the AU limit with Barclays?

I tried to add an AU, answered security questions and got the following message. Tried the same thing twice with the same result.

Quote
Authorized user not added
The information you have entered is incorrect.
Please contact our Customer Service department as soon as possible at 888-232-0780.

Does it mean I have reached the limit?

I had a semi-similar situation in which an authorized user could not be added, and this was early in my Barclay AU days. After I tried unsuccessfully adding by phone and then some back and forth with the tradeline company, it turns out that the company had provided me faulty information, which is why Barclays rejected it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 08, 2022, 07:33:47 PM
What message do you get when you reach the AU limit with Barclays?

I tried to add an AU, answered security questions and got the following message. Tried the same thing twice with the same result.

Quote
Authorized user not added
The information you have entered is incorrect.
Please contact our Customer Service department as soon as possible at 888-232-0780.

Does it mean I have reached the limit?

I would say it is a possibility.  When I hit the limit, the web site started acting weird.  ie nonsensical error messages
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 09, 2022, 01:36:08 PM
Thanks.

Do you also check yes for qualified under 199A?

Do you deduct anything other than annual fees? I can't think of any other business expenses related to tradelines.

I think it qualifies for 199A.

There is the SEHI deduction, which is probably the biggest opportunity.  However, if you're on ACA there is an annoying circular reference in the tax code.

You could evaluate whether or not you qualify for the simplified method for a home office deduction.  The bar I found there was that the IRS requires that the space be exclusively used for the business, and "exclusive" is a high bar.

Perhaps you could deduct the cost of a shredder if you bought it to shred AU cards and correspondence.

In theory you could deduct a proportion of your cell phone and internet bills used for business purposes, but that amount is probably small enough to be a rounding error.

You could take a look at Schedule C and see if any of the other line items jump out at you as possibilities, then research items in those areas.

@secondcor521  and anyone else....

Any thoughts on deducting a laptop as a business expense?  I am considering getting a used laptop ($400-500) and the thought crossed my mind.

Currently, I have only deducted PO box expense and a couple of credit card annual fees.

A tax pro recently told me I could do a home office deduction.  I'm not sure it is worth the trouble as the 'dedicated space' is quite small.

thanks for any thoughts!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 09, 2022, 01:52:34 PM
Thanks.

Do you also check yes for qualified under 199A?

Do you deduct anything other than annual fees? I can't think of any other business expenses related to tradelines.

I think it qualifies for 199A.

There is the SEHI deduction, which is probably the biggest opportunity.  However, if you're on ACA there is an annoying circular reference in the tax code.

You could evaluate whether or not you qualify for the simplified method for a home office deduction.  The bar I found there was that the IRS requires that the space be exclusively used for the business, and "exclusive" is a high bar.

Perhaps you could deduct the cost of a shredder if you bought it to shred AU cards and correspondence.

In theory you could deduct a proportion of your cell phone and internet bills used for business purposes, but that amount is probably small enough to be a rounding error.

You could take a look at Schedule C and see if any of the other line items jump out at you as possibilities, then research items in those areas.

@secondcor521  and anyone else....

Any thoughts on deducting a laptop as a business expense?  I am considering getting a used laptop ($400-500) and the thought crossed my mind.

Currently, I have only deducted PO box expense and a couple of credit card annual fees.

A tax pro recently told me I could do a home office deduction.  I'm not sure it is worth the trouble as the 'dedicated space' is quite small.

thanks for any thoughts!!

Deductible business expenses need to be reasonable and necessary.  See here for what those terms mean:
 https://www.irs.gov/publications/p535#en_US_2020_publink100078332

If you were to use the computer for personal and business use, you would be required to allocate and deduct only the business percentage of use.  I believe the IRS accepts any reasonable estimate and allocation method.

Some business equipment with a useful life over a year IIRC must be depreciated, but there is a rule that would probably allow you to expense a laptop that cheap.  I forget what it is but you can find it by googling.

I would never do the full home office deduction because it complicates the tax calculations when you later go to sell the home.  See Pub 523 for details:  https://www.irs.gov/publications/p523

The simplified method is indeed simpler, but there is a high bar for using it - the area of your home used must be exclusively dedicated to business in almost all circumstances.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on February 09, 2022, 01:56:20 PM
Thanks.

Do you also check yes for qualified under 199A?

Do you deduct anything other than annual fees? I can't think of any other business expenses related to tradelines.

I think it qualifies for 199A.

There is the SEHI deduction, which is probably the biggest opportunity.  However, if you're on ACA there is an annoying circular reference in the tax code.

You could evaluate whether or not you qualify for the simplified method for a home office deduction.  The bar I found there was that the IRS requires that the space be exclusively used for the business, and "exclusive" is a high bar.

Perhaps you could deduct the cost of a shredder if you bought it to shred AU cards and correspondence.

In theory you could deduct a proportion of your cell phone and internet bills used for business purposes, but that amount is probably small enough to be a rounding error.

You could take a look at Schedule C and see if any of the other line items jump out at you as possibilities, then research items in those areas.

@secondcor521  and anyone else....

Any thoughts on deducting a laptop as a business expense?  I am considering getting a used laptop ($400-500) and the thought crossed my mind.

Currently, I have only deducted PO box expense and a couple of credit card annual fees.

A tax pro recently told me I could do a home office deduction.  I'm not sure it is worth the trouble as the 'dedicated space' is quite small.

thanks for any thoughts!!

It's probably not worth it to try and deduct anything beyond that. Unless you want to straight up lie and say that your 10 minutes spent every month on tradelines required a portion of your home, internet, cell phone, laptop, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 10, 2022, 06:47:37 AM
Thanks @secondcor521  and @Michael in ABQ !
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gogore on February 13, 2022, 02:22:42 PM
I'm looking for ways to automate monthly charges on my credit cards to keep them active, and of course ready for a trade line.  I have twenty cards.  I have already went through all of my regular expenses and allocated them as much as possible, but I have 8 more cards that do not have a monthly charge.   I do not want to carry these in my wallet.  I live frugally so I don't even go to the store but maybe twice a month and rarely go out to eat.  It's important to me that this side gig is as automated as possible.   I already do the $5 amazon gift card charge on two accounts. 
Does anyone know of any thing else like the Amazon gift card "top up"?    What do you all do to make sure that you have a balance consistently?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 13, 2022, 06:56:34 PM
For the cards that I actively use for TL, I do automatic monthly charges e.g. Neftlix, Spotify, cell phone etc.
For the cards that I keep for future sales, I manually buy amazon gift cards every 6 months or so. I think that's enough to keep them active.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 13, 2022, 09:20:50 PM
Some utility companies allow you to pay with multiple cards.  That might work too.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 13, 2022, 10:02:53 PM
I make Amazon gift card purchases once a month, but only on cards which currently have AUs on them.  To keep cards active, I make sure I don't let cards remain unused for more than a year.  Both these processes are manual but don't take that much time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on February 14, 2022, 07:23:16 AM
I have a spreadsheet that shows when to charge on each card. I also stop and get 10 $ worth of gas every time I pass a station
S I can utilize all my cards every month for tradelines. about 8 cards in the rotation. I also have to use the seasoning  ones for
gas drug and grocery spend at 3X--5X points.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 14, 2022, 09:59:40 AM
I also keep a spread sheet, so I know if I have a card without an AU, it's getting sock drawered until it picks one up.

There are lots of bills I get where I can go online and pay less than the entire bill.  I'm thinking of my fuel oil bill for my house.  Say a $700 bill comes in and I've got 2 $50 visa gift cards and 4 credit cards that need to get used.  I go in and pay with the gift cards first, then each credit card until the bill is completely paid.  Yes, I know it's not automated but I don't want to waste a charge on a card that doesn't have an AU.  Some of those cards will work for low balance forgiveness, so that's my backup to get a little income for not much work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 14, 2022, 01:31:04 PM
I'm looking for ways to automate monthly charges on my credit cards to keep them active, and of course ready for a trade line.  I have twenty cards.  I have already went through all of my regular expenses and allocated them as much as possible, but I have 8 more cards that do not have a monthly charge.   I do not want to carry these in my wallet.  I live frugally so I don't even go to the store but maybe twice a month and rarely go out to eat.  It's important to me that this side gig is as automated as possible.   I already do the $5 amazon gift card charge on two accounts. 
Does anyone know of any thing else like the Amazon gift card "top up"?    What do you all do to make sure that you have a balance consistently?

For all my cards that we sell tradelines on, but also don't use for any regular purchases, I just make an amazon gift card purchase.  I currently have 5 cards that fall into this category.  I manually make a $3 purchase on each card.  I set a reminder and I do it on the first of every month to ensure I hit every card on every monthly cycle.  I do it regardless of whether I currently have an AU, so if one gets added between the 1st and the end of that card's cycle I don't have to worry about it and I know it already has a $3 balance consistently. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on February 14, 2022, 04:27:42 PM
All I do is add one more step in the process of adding an AU. After I add the AU, I am not done yet. I immediately go to amazon and do a $3 reload using the card where I just added the AU.

its not exactly automated, but its adding 1 step to the part of the process that you cannot automate anyways, the adding of an AU. For the few cards where I have to call in to add the AU, i just do the reload while I am still on the phone waiting for a rep.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on February 15, 2022, 06:21:02 PM
Is calling the only way to remove for Citi? I couldn't find a method online, and I've been on the call for at least 20 minutes answering security questions and they're having difficulty removing people.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 15, 2022, 07:05:21 PM
Is calling the only way to remove for Citi? I couldn't find a method online, and I've been on the call for at least 20 minutes answering security questions and they're having difficulty removing people.

Even if there isn't a specific way to remove an AU online, you generally can send them a secure message and just write a short note asking them to remove Jane Doe as an AU on your account.  They should reply in a day or two saying the person has been removed.  From my notes it looks like Citi does this.

I personally wait until I get the confirmation message back before marking the AU removed with the TL company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: bangbang on February 16, 2022, 02:42:50 PM
I have a unique question. I believe I have run against a wall with my total limit across all my cards. My requests for credit limit increases are being denied. I have a high credit limit on Chase and BOA cards, which I don't want to sell tradelines on anymore because I don't want them closed (they are my oldest cards). I believe my high combined limit is limiting my ability to get more credit.

Would it be a wise strategy to seek credit limit reductions on my BOA and Chase cards to get higher credit limits on my less risky cards (like Barclays)? Has anyone tried this?

I've been in similar situations in the past and done similar things for similar reasons.  It makes sense to me.

I think the total CL across all cards will typically run around 3X household income.  If you're in that ballpark, you might be running into this issue.

You can usually drop the CL to $500 (or sometimes even $100) and keep the old cards open.  Chase and BofA are nearly certain to accommodate your request.

Of course, you're not guaranteed that Barclays etc. will give you higher limits.

You might want to first confirm your suspicions by looking at the reasons they're declining your CLIs, and confirming that your credit otherwise is stellar.  It would not be useful to go through the process halfway by lowering Chase and BofA then find out that Barclays etc. is declining your CLIs for some other reason.

Another avenue would be to open new cards with other piggybacking friendly issuers.  If they see stellar credit and high limits from other competing issuers, you can often get high limits from additional issuers somewhat regardless of your total existing CL.

Can you provide any references or links regarding these 3x income limit you mentioned? I am close to that limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 16, 2022, 03:39:46 PM
Can you provide any references or links regarding these 3x income limit you mentioned? I am close to that limit.

No, it's just my personal experience with credit cards and the major credit card companies over the past 30 years or so, and observations of others' stated experiences.

And I wouldn't really consider it a hard limit; more just a headwind that I and others tend to hit roughly around that metric.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on February 21, 2022, 10:40:54 AM
One of my cards is a Capital One SAVOR and the cards are metal. I've got a stack of them in a drawer (never activated) because I can't shred them. I have a couple of return envelopes and while I know intellectually the person receiving and destroying those metal cards gives zero fucks about TL sales or multiple AUs, I still feel hesitant to send back 4-5 cards with different names in one envelope.
Aviation snips, cut those cards like butter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ilsy on February 21, 2022, 10:59:31 AM
Can you provide any references or links regarding these 3x income limit you mentioned? I am close to that limit.

No, it's just my personal experience with credit cards and the major credit card companies over the past 30 years or so, and observations of others' stated experiences.

And I wouldn't really consider it a hard limit; more just a headwind that I and others tend to hit roughly around that metric.

Not true according to my personal anecdotal experience. I'm happily at x5-6 times the income. At one point it was even 7 times but then a bunch of my cards got closed.

Also not true that they look at your overall purchases and decide if it's worth keeping you as a customer. In my experience with BoA I should have been their dream customer, I took $15k and returned within the promotional period -18m or so and at the time of closing I still had about $3-5k in purchases with them and 9m financing on a different card. They did let me pay over 9m no interest but I could only pay, everything else on the website was restricted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 21, 2022, 12:19:00 PM
I just got an add on my citi card and called in and gave all the details.  The rep told me the AU was successfully added, but that I need to call back in 24-48 hours to request a card.  Anyone ever encounter this?  Do I need to actually call back and request a physical card since I'm not going to activate it or use it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 21, 2022, 12:29:59 PM
I've also had an issue with Amex delta skymiles card.  I added an AU in January, and they never sent me a card.  After about 3 weeks I went on the Amex site and requested a new card for the AU citing the reason that the card never arrived.  It's been almost 3 weeks since I requested a new card, and it still never arrived.

When I check my portal it says that the AU already posted and I'm scheduled to get paid, so I'm going to leave it alone, but it's really strange that I've requested a card twice and never received it.  Amex has always been good about sending cards quickly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on February 21, 2022, 09:11:39 PM
I just got an add on my citi card and called in and gave all the details.  The rep told me the AU was successfully added, but that I need to call back in 24-48 hours to request a card.  Anyone ever encounter this?  Do I need to actually call back and request a physical card since I'm not going to activate it or use it?
Citi has always sent me a card, but I wish there was an option to not send it, as it’s kind of a waste since they all go directly to the shredder.  Plus the mailman routinely writes a question mark on the envelopes that are addressed to authorized users. He must be wondering how many people live at my address or if I’m part of some fraud ring or something.

The only issuer that I’ve had that gives an option to not send the card is Barclays. I opt out of receiving the card every time with no issue. YMMV with Citi.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on February 22, 2022, 10:12:26 AM
I just got an add on my citi card and called in and gave all the details.  The rep told me the AU was successfully added, but that I need to call back in 24-48 hours to request a card.  Anyone ever encounter this?  Do I need to actually call back and request a physical card since I'm not going to activate it or use it?

As long as the AU is still actively listed in the Citi website portal for your account as a current user, it should be fine without a physical card. I'd skip contacting them again to send it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on February 22, 2022, 06:03:36 PM
I just got an add on my citi card and called in and gave all the details.  The rep told me the AU was successfully added, but that I need to call back in 24-48 hours to request a card.  Anyone ever encounter this?  Do I need to actually call back and request a physical card since I'm not going to activate it or use it?

As long as the AU is still actively listed in the Citi website portal for your account as a current user, it should be fine without a physical card. I'd skip contacting them again to send it.

Citi always asks me  to wait for their "fraud" department after I add a AU. I look at the website live and once I see the new AU has been added I just hang up. My AUs normally do not receive a card but it still reports.

Is anyone having trouble with Barclay's AUs showing up? I am not seeing the tradeline show-up for some AUs I have recently added. All were added online without a SSN. Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 22, 2022, 06:39:34 PM
Is anyone having trouble with Barclay's AUs showing up? I am not seeing the tradeline show-up for some AUs I have recently added. All were added online without a SSN. Thanks!

So far, so good.  I just checked.  All of my recent AU's are still listed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: toddmkl on February 23, 2022, 10:26:40 AM
What message do you get when you reach the AU limit with Barclays?

I tried to add an AU, answered security questions and got the following message. Tried the same thing twice with the same result.

Quote
Authorized user not added
The information you have entered is incorrect.
Please contact our Customer Service department as soon as possible at 888-232-0780.

Does it mean I have reached the limit?

I am curious about this as well. I have a couple Barclaycards that are nearing the AU limit.

Yes it means that you have reached the limit. The limit to the best of my knowledge has been 40 AU's.  I have been through several Barclay cards now.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: toddmkl on February 23, 2022, 10:43:04 AM
What message do you get when you reach the AU limit with Barclays?

I tried to add an AU, answered security questions and got the following message. Tried the same thing twice with the same result.

Quote
Authorized user not added
The information you have entered is incorrect.
Please contact our Customer Service department as soon as possible at 888-232-0780.

Does it mean I have reached the limit?

I am curious about this as well. I have a couple Barclaycards that are nearing the AU limit.

You have reached the limit which in my experiences has been 40 AU's. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: toddmkl on February 23, 2022, 10:46:09 AM
Is anyone having trouble with Barclay's AUs showing up? I am not seeing the tradeline show-up for some AUs I have recently added. All were added online without a SSN. Thanks!

So far, so good.  I just checked.  All of my recent AU's are still listed.

I've ran into this before. Log back and and back in. You may have to do this several times to get into a session where they are not having a bug in the system to see the Services -> Authorized Users section.  Call Customer service a few times and they will be able to confirm that your users are there. I say "a few times" because you want to make sure as some of their CSR's are not trained well or are learning. 

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 23, 2022, 02:27:58 PM
Is it possible to activate an AMEX AU card if I don’t receive the card? My mailman sometimes does not deliver mail addressed to others. I sold my first AMEX AU with the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 23, 2022, 06:20:38 PM
Quote from:  link=topic=66145.msg2982010#msg2982010 date=1645644454
[MOD EDIT: Removed solicitation for unknown business from user with 8 posts]

I would suggest you let Joe (arebelspy) know.  He's vetted the 2 companies recommended here.  I once went and tried another and got whacked in the head with my first try.  Pulled right out of there and will go only to the companies Joe's checked out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on February 23, 2022, 07:00:26 PM
Quote from:  link=topic=66145.msg2982010#msg2982010 date=1645644454
[MOD EDIT: Removed solicitation for unknown business from user with 8 posts]

I would suggest you let Joe (arebelspy) know.  He's vetted the 2 companies recommended here.  I once went and tried another and got whacked in the head with my first try.  Pulled right out of there and will go only to the companies Joe's checked out.

Care to share what happened?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 26, 2022, 08:34:48 AM

Is it possible to activate an AMEX AU card if I don’t receive the card? My mailman sometimes does not deliver mail addressed to others. I sold my first AMEX AU with the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on February 26, 2022, 09:11:44 AM

Is it possible to activate an AMEX AU card if I don’t receive the card? My mailman sometimes does not deliver mail addressed to others. I sold my first AMEX AU with the old company.

I don't know the answer to this, but wouldn't you be nervous activating a card, but the card is potentially floating out there somewhere and not in your possession. If it gets used, how would you prove it's fraudulent to Amex and not the authorized user using it? How would you explain to Amex you activated it without actually having it in your possession, but they should be responsible for the fraudulent transactions? Seems very risky.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 26, 2022, 11:25:32 AM
Quote from:  link=topic=66145.msg2982010#msg2982010 date=1645644454
[MOD EDIT: Removed solicitation for unknown business from user with 8 posts]

I would suggest you let Joe (arebelspy) know.  He's vetted the 2 companies recommended here.  I once went and tried another and got whacked in the head with my first try.  Pulled right out of there and will go only to the companies Joe's checked out.

Care to share what happened?

Sure.  They sold a spot on my cc.  I put the AU on the card.  A couple days later, they said to pull the AU because they paid with a stolen credit card.

There were also some pieces of info that went on the web, completely public.  I can't remember what that was.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on February 26, 2022, 05:37:35 PM

Is it possible to activate an AMEX AU card if I don’t receive the card? My mailman sometimes does not deliver mail addressed to others. I sold my first AMEX AU with the old company.
No, you need the special 4 digit number that you can only find physically on the front of the AMEX card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 01, 2022, 12:23:11 PM
I've also had an issue with Amex delta skymiles card.  I added an AU in January, and they never sent me a card.  After about 3 weeks I went on the Amex site and requested a new card for the AU citing the reason that the card never arrived.  It's been almost 3 weeks since I requested a new card, and it still never arrived.

When I check my portal it says that the AU already posted and I'm scheduled to get paid, so I'm going to leave it alone, but it's really strange that I've requested a card twice and never received it.  Amex has always been good about sending cards quickly.

Still haven't received the card, but I already received my payment and I'm scheduled to remove the AU shortly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on March 05, 2022, 08:54:41 PM
Shutdown experiences... oh my, where to start?

I had 5 cards with Chase, sold a total of 10 slots on two cards in a year and a half. Chase did not approve, so they shut down all of my cards. Over $85k in credit limit gone like a fart in the wind.

Bank of America - also had 5 cards with $42k in credit. Sold 9 slots in about the same time period as Chase. Shut down all five cards.

Capital One - my oldest card (2004) was restricted after 3 slots sold. I assumed the card was going to be shut down, so I just let it go. After a year of it being restricted, I called in and spent a half hour on the phone, but was able to get the restriction lifted. Didn't sell any more slots on that card. Got a Venture card in 2017 and sold two slots on it before it was just shut down. Oldest card is still open though.

Citi has never given me any grief - I do have to go to their fraud department occasionally to verify I'm me, and I hate calling them in. Barclay is never a problem, PNC, Associated Bank, AmEx, no issues.

Moral of the story though, Chase and Bank of America will shut down ALL of your cards. If they make up a larger percentage of your total available credit limit, I would think twice before selling on them. For me, the loss of over $100k in credit limit sucked, but I still have over $400k in available credit so I'm good.


Curious question, were you able to re-apply for chase cards after this? Or are you banned form every gettign another Chase card again?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 06, 2022, 07:10:57 AM
Shutdown experiences... oh my, where to start?

I had 5 cards with Chase, sold a total of 10 slots on two cards in a year and a half. Chase did not approve, so they shut down all of my cards. Over $85k in credit limit gone like a fart in the wind.

Bank of America - also had 5 cards with $42k in credit. Sold 9 slots in about the same time period as Chase. Shut down all five cards.

Capital One - my oldest card (2004) was restricted after 3 slots sold. I assumed the card was going to be shut down, so I just let it go. After a year of it being restricted, I called in and spent a half hour on the phone, but was able to get the restriction lifted. Didn't sell any more slots on that card. Got a Venture card in 2017 and sold two slots on it before it was just shut down. Oldest card is still open though.

Citi has never given me any grief - I do have to go to their fraud department occasionally to verify I'm me, and I hate calling them in. Barclay is never a problem, PNC, Associated Bank, AmEx, no issues.

Moral of the story though, Chase and Bank of America will shut down ALL of your cards. If they make up a larger percentage of your total available credit limit, I would think twice before selling on them. For me, the loss of over $100k in credit limit sucked, but I still have over $400k in available credit so I'm good.


Curious question, were you able to re-apply for chase cards after this? Or are you banned form every gettign another Chase card again?

I had my Chase cards shut down, but I was able to get a new one again after three years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 07, 2022, 09:37:34 AM
Thanks @solon - that's good to know. I had all 5 of my Chase cards shut down after selling just a few slots on 2 cards. I assumed I was banned for life, I may have to look into a couple of cards now that I'm back under 5/24.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 09, 2022, 11:17:48 AM
I haven't had any new orders recently. Relatively few orders since the beginning of the year. Have things slowed down? I wonder why.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 09, 2022, 11:19:07 AM
I haven't had any new orders recently. Relatively few orders since the beginning of the year. Have things slowed down? I wonder why.

I think things have slowed down. I didn't have any orders for two months. I have one now, but that's a lot less than normal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 09, 2022, 11:43:03 AM
I've never been clear on whether the TL companies guide their customers towards or away from the individuals providing the TLs (i.e., us).  I also don't know if there is any seasonality to the business.

As for me, I got off to a slow start this year in January but had four orders in February and two in March already.

Based on three years of history with Old Company, June historically has been a busy month, but otherwise the sales are pretty steady throughout the rest of the year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on March 09, 2022, 11:49:58 AM
My sales have always been spotty, despite having some pretty good cards. I had two sales in December with New Company but nothing since then. My last sales with the Old Company were in September. Folks on here seem to have better results than I have had historically. It's not much extra $$$ but I will take it, though I'd love to have more sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on March 09, 2022, 12:47:33 PM
I got one order at the end of January month with the old company. The last one before that was in early October. I've only got two cards enrolled that are around 3 years old.



If you look at the customer-facing front end of the website the slots are priced based primarily on credit limit and age. So, I think it's just somewhat random if your card is the one somebody picks. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on March 10, 2022, 07:25:57 AM
My 25k 20 year old Chase gets 2 adds every 4 months like clockwork from old company.


I just got an add for my 22k Citi from old company.
I called and added them. The rep said @we’ll send the card to the AU address in 24-48 hours.
I asked them to send to my mailing address. Should I be worried they will send to AU anyway?
Should I alert the tradesline company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 10, 2022, 07:40:03 AM
My 25k 20 year old Chase gets 2 adds every 4 months like clockwork from old company.


I just got an add for my 22k Citi from old company.
I called and added them. The rep said @we’ll send the card to the AU address in 24-48 hours.
I asked them to send to my mailing address. Should I be worried they will send to AU anyway?
Should I alert the tradesline company?

I understand the concern.

Most likely explanation is a clueless rep, and most likely result is the card will be sent to your address.

I'd call Citi customer service back and ask them to clarify where the card will be sent.

I've had 112 orders with Old Company.  I've never had a card go to an AU address.  I have had one clueless rep who said card would be sent to the AU address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 10, 2022, 07:46:25 AM
Chase always sends to my home address, plus one to clueless rep.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 10, 2022, 10:50:00 AM
Every once in a while in this thread we have someone say the rep was going to send the new card to the AU's address. As far as I know, it has NEVER happened, not even once. As I understand it, the credit card company is required to send AU cards to the owner's address. The only explanation is a clueless (or just new) rep.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on March 10, 2022, 11:10:13 AM
thanks guys, I needed that reassurance after the rep stated you now this person and are responsible for any charges :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 10, 2022, 11:12:31 AM
If anyone ever hears of a new card going to the AU's address, please post about it here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on March 10, 2022, 05:59:05 PM
If anyone ever hears of a new card going to the AU's address, please post about it here.

So this happened to a couple Amex cards for me recently. This is because Amex changed up how you add a AU online recently. It asks for a address first THEN you click add a new user. I entered the AU's address twice not thinking anything of it. What should happen is you enter your address (Primary) then you add the AU as normal including their address. Thankfully, you can easily freeze cards on Amex online so I did just that.

I also had a TD bank card used by a AU. But, it was months after they should have been removed I just forgot to remove them. Somehow they got ahold of the card and put spend on it. It was only $30 and I removed the AU immediately. The company had no idea why or how this occurred. I always get TD Bank cards to my address and I do not remember if I received or did not receive a card for this AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 11, 2022, 11:29:41 AM
Question about Elan/Fidelity card. If they close it because you use it for tradelines, do they also close your Fidelity investment accounts?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 11, 2022, 12:21:24 PM
Question about Elan/Fidelity card. If they close it because you use it for tradelines, do they also close your Fidelity investment accounts?

Not in my case.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FtWorthAtheist on March 14, 2022, 11:53:13 AM
Every once in a while in this thread we have someone say the rep was going to send the new card to the AU's address. As far as I know, it has NEVER happened, not even once. As I understand it, the credit card company is required to send AU cards to the owner's address. The only explanation is a clueless (or just new) rep.

My Chase rep was going to do that just now.  Scared I may have given myself away with how badly I freaked out
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on March 14, 2022, 11:58:12 AM
Every once in a while in this thread we have someone say the rep was going to send the new card to the AU's address. As far as I know, it has NEVER happened, not even once. As I understand it, the credit card company is required to send AU cards to the owner's address. The only explanation is a clueless (or just new) rep.

My Chase rep was going to do that just now.  Scared I may have given myself away with how badly I freaked out

Haha

Please only add this AU if you know and trust them.  Ok.
Be aware you will be solely responsible for all charges the AU makes.  Ok, that's fine.
Ok we are sending the card to the AU address.  OH DEAR GOD NO!!!!!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on March 18, 2022, 07:29:45 PM
Every once in a while in this thread we have someone say the rep was going to send the new card to the AU's address. As far as I know, it has NEVER happened, not even once. As I understand it, the credit card company is required to send AU cards to the owner's address. The only explanation is a clueless (or just new) rep.

My Chase rep was going to do that just now.  Scared I may have given myself away with how badly I freaked out

Haha

Please only add this AU if you know and trust them.  Ok.
Be aware you will be solely responsible for all charges the AU makes.  Ok, that's fine.
Ok we are sending the card to the AU address.  OH DEAR GOD NO!!!!!!
LOL my thoughts exactly  😆
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on March 18, 2022, 09:28:15 PM
Is anyone having trouble with Barclay's AUs showing up? I am not seeing the tradeline show-up for some AUs I have recently added. All were added online without a SSN. Thanks!

So far, so good.  I just checked.  All of my recent AU's are still listed.

I've ran into this before. Log back and and back in. You may have to do this several times to get into a session where they are not having a bug in the system to see the Services -> Authorized Users section.  Call Customer service a few times and they will be able to confirm that your users are there. I say "a few times" because you want to make sure as some of their CSR's are not trained well or are learning.

I ran into this problem also. It might have been because I answered 1 of the obscure security questions incorrectly when I added the AU? Which I'm pretty confident I never answered wrong, but maybe it made a little blip in the system.

But the problem seems to have worked itself out after logging out and logging back in. The AU is now showing properly on both Activated cards and Authorized user sections on the Barclays dashboard. So it looks okay.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 19, 2022, 03:02:30 PM
~~~PSA~~~


If anyone has the NFL Extra card from Barclays, it is moving to Comenity.  I had a pop-up when I logged into that card on barclay's site.  It is going to happen in late April (at least for me).


~~~PSA~~~
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on March 21, 2022, 01:10:58 PM
~~~PSA~~~


If anyone has the NFL Extra card from Barclays, it is moving to Comenity.  I had a pop-up when I logged into that card on barclay's site.  It is going to happen in late April (at least for me).


~~~PSA~~~
Uh oh, the NFL card is one that I’m seasoning for future trade lines. Anyone have thoughts on what to do here? Should I try to product change to stay with Barclays? Or just let my card move to Comenity?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on March 21, 2022, 02:06:14 PM
Thanks for the heads up on the NFL Extra card (Barclays)...  I've got a 9 yr old card w/ $30,000 CL, so it's a good one.

Thinking about calling Barclays and see if they can move the acct to a different Barclaycard (maybe the Wyndham rewards card).  Hopefully that is doable.



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 22, 2022, 03:01:48 AM
In my experience you can call Barclay's and tell them you want to move the entire 30k credit line to your other Barclay's card, then close the NFL card that is moving to comedy Bank. I did that in order to preserve my large credit limit with them. I do have a comedy card and I haven't tried it with tradelines yet so don't know if it will work,, but I do know Barclay's is damn easy to add and remove and once you hit the max AU limit, you can easily transfer your 30k credit line to your other Barclay's card. I like to have 2 Barclay's open at all times for this reason.  I have probably made the most money off of Barclay's credit cards as far as tradlines are concerned. I hit max users on two cards so far and I am on my third.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on March 22, 2022, 11:41:22 AM
Dang! I just called Barclays and they told me I could not move my Barclays NFL card to another Barclay card!  ugh!

I can move some of the credit over to my other Barclay card (it's called "View") but that card is still aging (1 1/2 years old).

I may call back later and see if another rep will give me a different answer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on March 22, 2022, 12:55:30 PM
I meant ask them to move your credit line to the other Barclay card then close the NFL card. The other card will be 2 years old in no time. Then you should get 150 to 200 a user at 2 years.
I  did this recently maybe a year ago. Moved credit line from Barclay aviator to cBarclay jet blue.. maybe try another agent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on March 22, 2022, 02:21:42 PM
Dang! I just called Barclays and they told me I could not move my Barclays NFL card to another Barclay card!  ugh!

I can move some of the credit over to my other Barclay card (it's called "View") but that card is still aging (1 1/2 years old).

I may call back later and see if another rep will give me a different answer.
I got the same response. I think my only option is to shift the amount to a different card. But I lose out on all the time I spent aging the NFL card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 22, 2022, 06:31:14 PM
Anyone know about Comenity and AU's?  I saw in the FAQ about transition that AU's will move.  I am wondering about new AU's.

Old co seemed to indicate that they did not have experience with Comenity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 23, 2022, 11:12:51 AM
No idea on Comenity. Good to know though, my wife had one of these that was fully seasoned that we were just getting ready to sell tradelines on. We will be transferring the available credit to another card that is also seasoned and start selling on it. Even if tradelines report on Comenity, no one makes it easier than Barclay! Just opened a Hawaiian Airlines card for my next one to season, and will be opening one for DW as well. That's 120k miles we'll use for our 20th anniversary next year, as well as two more cards to sell on in two years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 23, 2022, 06:48:52 PM
Oh Well.  My old Chase card just got closed.  I did call with a story and they asked if I would want them to reconsider using my story and I said yes.  If it's re-instated, I won't sell tradelines on it again as it's one of my oldest cards.  If it isn't, oh well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 23, 2022, 06:53:00 PM
Oh Well.  My old Chase card just got closed.  I did call with a story and they asked if I would want them to reconsider using my story and I said yes.  If it's re-instated, I won't sell tradelines on it again as it's one of my oldest cards.  If it isn't, oh well.

What kind of story?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on March 23, 2022, 08:59:28 PM
Oh Well.  My old Chase card just got closed.  I did call with a story and they asked if I would want them to reconsider using my story and I said yes.  If it's re-instated, I won't sell tradelines on it again as it's one of my oldest cards.  If it isn't, oh well.

What kind of story?

Also, can you confirm if they close all your accounts, or just the one credit card account that you were selling tradelines on?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on March 23, 2022, 09:27:38 PM
Oh Well.  My old Chase card just got closed.  I did call with a story and they asked if I would want them to reconsider using my story and I said yes.  If it's re-instated, I won't sell tradelines on it again as it's one of my oldest cards.  If it isn't, oh well.

What kind of story?

Also, can you confirm if they close all your accounts, or just the one credit card account that you were selling tradelines on?

Regardless of CarJack's answer to this, it's fairly standard protocol that a bank will close all credit cards with you, not just the one in question. It goes without saying, only put up credit cards at stake that you're prepared to lose.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on March 23, 2022, 10:45:45 PM
Quick question but what is the *typical* payout schedule for you guys based on? Is it based on 2 months (or whatever) from the date you confirmed adding the user OR do all the companies only pay you 2 months from the post date?

I added an AU with a company back on 11/27 and just asked them about payment and they told me this AU didn't post first cycle, implying that I'm not going to get paid this month... I'm a bit confused.

Old Company pays regularly on the last (business?) day of the month following the month in which the AU was added.  So a user added today with Old Company would get paid on 2/28.  Sometimes even a day or two earlier.

I haven't dealt with New Company recently.  Last I did, they paid eventually but it could be months and months and required frequent hounding.


Forgot to ask/follow-up but is it common practice for either company to pay a pro-rated amount if the user is kept on for X days or weeks after the last payment? I feel like one of the companies (not sure if it's new or old) is 'bleeding' days/weeks over pay periods before requesting that I drop the user(s). Unless that's normal... I'm not really sure how the whole timing of users on accounts and pay periods aligns.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 24, 2022, 06:32:00 AM
Quick question but what is the *typical* payout schedule for you guys based on? Is it based on 2 months (or whatever) from the date you confirmed adding the user OR do all the companies only pay you 2 months from the post date?

I added an AU with a company back on 11/27 and just asked them about payment and they told me this AU didn't post first cycle, implying that I'm not going to get paid this month... I'm a bit confused.

Old Company pays regularly on the last (business?) day of the month following the month in which the AU was added.  So a user added today with Old Company would get paid on 2/28.  Sometimes even a day or two earlier.

I haven't dealt with New Company recently.  Last I did, they paid eventually but it could be months and months and required frequent hounding.

Forgot to ask/follow-up but is it common practice for either company to pay a pro-rated amount if the user is kept on for X days or weeks after the last payment? I feel like one of the companies (not sure if it's new or old) is 'bleeding' days/weeks over pay periods before requesting that I drop the user(s). Unless that's normal... I'm not really sure how the whole timing of users on accounts and pay periods aligns.

I've worked with Old Company and New Company in the past.  But I stopped working with New Company a while ago, mainly due to the payment lag issues that have been discussed here.  So I can only answer with regards to Old Company.

With Old Company, there is a website one can go to and it shows the date to remove for all of my AUs.  I have a tickler in my to do list for the next upcoming date to remove an AU.  As a result of these two things, I reliably remove AUs pretty much exactly on those remove dates.

I have had one or two AUs pay another fee to be extended - they basically buy two slots back-to-back chronologically.  In this scenario, it's treated like a separate additional order and I get another full commission.  I like these quite a bit because it's very easy on my part, but they're pretty rare.  It also doesn't sound like what you're talking about.

It's my understanding that an AU pays to be added for X cycles, where X is either 2, 3, or 4 months.  Orders get released to me anywhere from 1 to 5 days before the closing date of my CC cycle.  I typically add them the same day.  Since my closing dates aren't aligned with month end, there is a lack of alignment between the AU adding/dropping activities and getting paid.  But as noted above, I regularly get paid at the end of the month following the month in which the AU was added.  So for example, the last AU I got paid for I added on 1/11/22 and got paid on 2/28/22.

I vaguely recall with New Company that they were unclear and contradictory with regards to their explanations as to the issue you're asking about in your last sentence above.  That plus the payment lag issues drove me away.  FWIW, they did eventually pay me all that they owed me, but it was an unreasonably long time and they missed several promised payment dates in the process.

It sounds like you're working with New Company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 24, 2022, 07:47:34 AM
Oh Well.  My old Chase card just got closed.  I did call with a story and they asked if I would want them to reconsider using my story and I said yes.  If it's re-instated, I won't sell tradelines on it again as it's one of my oldest cards.  If it isn't, oh well.

What kind of story?

Also, can you confirm if they close all your accounts, or just the one credit card account that you were selling tradelines on?

Regardless of CarJack's answer to this, it's fairly standard protocol that a bank will close all credit cards with you, not just the one in question. It goes without saying, only put up credit cards at stake that you're prepared to lose.

Not necessarily the case. Chase and Bank of America both closed all of my cards (10 accounts in total between them). Capital One closed one card but left the other one open, and even approved me for another card in a very short time frame.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 24, 2022, 09:51:36 AM
Oh Well.  My old Chase card just got closed.  I did call with a story and they asked if I would want them to reconsider using my story and I said yes.  If it's re-instated, I won't sell tradelines on it again as it's one of my oldest cards.  If it isn't, oh well.

What kind of story?

Also, can you confirm if they close all your accounts, or just the one credit card account that you were selling tradelines on?

Regardless of CarJack's answer to this, it's fairly standard protocol that a bank will close all credit cards with you, not just the one in question. It goes without saying, only put up credit cards at stake that you're prepared to lose.

Not necessarily the case. Chase and Bank of America both closed all of my cards (10 accounts in total between them). Capital One closed one card but left the other one open, and even approved me for another card in a very short time frame.

Chase closed all my accounts when I got in trouble for selling AUs. That was about 5 years ago, and I was able to get a new Chase card 3 years later.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on March 24, 2022, 12:13:50 PM
Follow-up on my Barclay card post a couple of days ago...

I did call Barclay again today to see if a different rep would give me a different answer regarding moving my NFL Extra Points card to a different Barclay card (i.e. upgrade or downgrade).

The 1st rep (two days ago) told my Nope, can't do it.

So I called today and did get a different answer.... sort of!   The rep said Yes I do see you can downgrade the card to a different Barclaycard, but I will have to transfer you to the Retention Dept.  So Retention Rep tells me Nope, can't do it!

So it looks like I will be moving my the majority of my $30k credit to another Barclaycard that I have aging.... I will lose the 9 years aging on this NFL Extra Points card.  Oh well.

I think I will leave $2000 or so on my soon-to-be Comenity card and then see if a TL company will take it.



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on March 24, 2022, 01:00:01 PM
Follow-up on my Barclay card post a couple of days ago...

I did call Barclay again today to see if a different rep would give me a different answer regarding moving my NFL Extra Points card to a different Barclay card (i.e. upgrade or downgrade).

The 1st rep (two days ago) told my Nope, can't do it.

So I called today and did get a different answer.... sort of!   The rep said Yes I do see you can downgrade the card to a different Barclaycard, but I will have to transfer you to the Retention Dept.  So Retention Rep tells me Nope, can't do it!

So it looks like I will be moving my the majority of my $30k credit to another Barclaycard that I have aging.... I will lose the 9 years aging on this NFL Extra Points card.  Oh well.

I think I will leave $2000 or so on my soon-to-be Comenity card and then see if a TL company will take it.

I also had no luck with a product change. I think you might be able to do so if there was a different card in the product family (i did a downgrade many years ago from Arrival Plus to a regular Arrival) but with the NFL card, I don't think there is anything to upgrade or downgrade into. I transferred my limit (minus $500) to my UPromise Card, but that one is not as far along in its seasoning.

I was nearly at 2 years for the NFL card and was getting ready to start selling on it. Kind of a bummer to lose those years and all the potential AU spots down the drain.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on March 24, 2022, 02:33:43 PM
That is correct in my experience.  You cannot product change at BC except to downgrade in the same product family.  ie fee card to free card
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 25, 2022, 06:14:49 PM
Oh Well.  My old Chase card just got closed.  I did call with a story and they asked if I would want them to reconsider using my story and I said yes.  If it's re-instated, I won't sell tradelines on it again as it's one of my oldest cards.  If it isn't, oh well.

What kind of story?

Remote employees for a side business where the card was a backup.

Meh.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on March 25, 2022, 09:27:47 PM
Is it possible to sell tradelines using a mail forwarding service? I'm wondering about problems when cards show up in envelopes addressed to the tradeline purchaser.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 25, 2022, 10:09:12 PM
Is it possible to sell tradelines using a mail forwarding service? I'm wondering about problems when cards show up in envelopes addressed to the tradeline purchaser.

Didn't arebelspy start this whole thing out using one of those?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on March 26, 2022, 06:35:46 AM
Yes, he definitely had a mail forwarding service for awhile during his adventures abroad. He explained it in pretty good detail. It's in this thread somewhere.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 26, 2022, 08:32:58 AM
Yep!

I was using TravelingMailbox.com

They only accept mail sent to the account holders' name, so cards sent to my name (for the AU), I had opened and then shredded, but if a card was sent in the AUs name, it was just sent back. I never had an issue with this, CC providers never said anything.

The upside was I never received any junk mail associated with AUs, it was discarded/returned to sender for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on March 26, 2022, 08:58:48 AM
Yep!

I was using TravelingMailbox.com

They only accept mail sent to the account holders' name, so cards sent to my name (for the AU), I had opened and then shredded, but if a card was sent in the AUs name, it was just sent back. I never had an issue with this, CC providers never said anything.

The upside was I never received any junk mail associated with AUs, it was discarded/returned to sender for me.

Good to know. Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on April 05, 2022, 12:41:44 PM
Was curious what I should do after adding an AU (via Discover over the phone) where they put down my address for the AU (rather than the AU's own address). I obviously get the card sent to my address so I can activate them etc but yesterday I got a letter addressed to one of my AUs with my address and it seems like it might be from a collections agency (not sure). In cases like this where I don't have mail forwarding etc setup, what should I do? Write "this person is not at this address", write in the address given to me by the tradeline co, and drop it back in the mail?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on April 05, 2022, 12:52:38 PM
Was curious what I should do after adding an AU (via Discover over the phone) where they put down my address for the AU (rather than the AU's own address). I obviously get the card sent to my address so I can activate them etc but yesterday I got a letter addressed to one of my AUs with my address and it seems like it might be from a collections agency (not sure). In cases like this where I don't have mail forwarding etc setup, what should I do? Write "this person is not at this address", write in the address given to me by the tradeline co, and drop it back in the mail?

Shred it or trash it. If someone is linking your AU to your address and sending mail it's almost always going to be from someone trying to get money from the AU and they're just trying the scattershot approach of mailing any address related to them, calling any number, etc.

We live in a rental property and even though we've been here a few years and wrote "return to sender, not at this address" on a dozen pieces of mail from previous tenants they keep coming. Now they just go straight in the trash.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on April 05, 2022, 02:47:02 PM
Was curious what I should do after adding an AU (via Discover over the phone) where they put down my address for the AU (rather than the AU's own address). I obviously get the card sent to my address so I can activate them etc but yesterday I got a letter addressed to one of my AUs with my address and it seems like it might be from a collections agency (not sure). In cases like this where I don't have mail forwarding etc setup, what should I do? Write "this person is not at this address", write in the address given to me by the tradeline co, and drop it back in the mail?

I get lots of mail addressed to AUs. I just trash 'em. You have no obligation or risk here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 05, 2022, 05:10:40 PM
Was curious what I should do after adding an AU (via Discover over the phone) where they put down my address for the AU (rather than the AU's own address). I obviously get the card sent to my address so I can activate them etc but yesterday I got a letter addressed to one of my AUs with my address and it seems like it might be from a collections agency (not sure). In cases like this where I don't have mail forwarding etc setup, what should I do? Write "this person is not at this address", write in the address given to me by the tradeline co, and drop it back in the mail?

For discover you can add it online, including SSN and address.  I just added one 5 minutes ago.  Even if you use their address instead of yours, they will get mixed up with your address and you will get mail addressed to them at your address.  Sending it back is a waste of time because they just keep coming.  Anything that comes addressed to an AU (besides the initial card) goes straight into the garbage.  I don't bother sending anything back, or even checking if it's important.  If my neighbor's mail is accidentally delivered I will deliver it myself, or send it back, but anything addressed to an AU or an unknown name at my address goes straight in the trash.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on April 06, 2022, 09:04:02 AM
Sort of on a similar theme, I was wondering about not receiving the initial card addressed to me but in the AU’s name. I saw it on my daily usps informed delivery, but it wasn’t delivered. I’ve noticed a lot of junk mail to the AU’s not being delivered (don’t mind that), but not the initial credit card.

I don’t activate the cards anyway, but a little concerned a card is out there in the wild.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on April 06, 2022, 09:14:40 AM
Was curious what I should do after adding an AU (via Discover over the phone) where they put down my address for the AU (rather than the AU's own address). I obviously get the card sent to my address so I can activate them etc but yesterday I got a letter addressed to one of my AUs with my address and it seems like it might be from a collections agency (not sure). In cases like this where I don't have mail forwarding etc setup, what should I do? Write "this person is not at this address", write in the address given to me by the tradeline co, and drop it back in the mail?

For discover you can add it online, including SSN and address.  I just added one 5 minutes ago.  Even if you use their address instead of yours, they will get mixed up with your address and you will get mail addressed to them at your address.  Sending it back is a waste of time because they just keep coming.  Anything that comes addressed to an AU (besides the initial card) goes straight into the garbage.  I don't bother sending anything back, or even checking if it's important.  If my neighbor's mail is accidentally delivered I will deliver it myself, or send it back, but anything addressed to an AU or an unknown name at my address goes straight in the trash.

I hit the threshold for # of AUs added within a certain period, so any AUs I want to add I have to call into customer service :( Unfortunately, not all the reps understand that there's a difference between the AU's personal address and the *primary mailing* address. So half the time, a given rep will enter your primary mailing address if you tell them you want the AU's card sent to you but that you want the AU to have their own address on file. I'm paranoid adding the cards via phone so I always tell them I want the card only sent to my primary address. When I tell them I have the AU's address, this is where they brush it off half the time and say they can't add anything, etc...

In any case, I guess I'll just trash it. The mail piece I got, I actually opened it and it's a debt recovery/collector seeking $67.xx on behalf of the gas/electric company where this AU lives. Guess he hasn't paid his bills...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 06, 2022, 11:12:09 AM
I will occasionally check the mail addressed to an AU before chucking it. Last year right before Christmas, I did on a piece that looked different than the usual junk/collections. It was two checks for a not insubstantial amount. I wasn't really sure what to do, but I looked up the address I had on file for them and sent them on to them - I figured they could probably use it right around the holidays. Most times it just gets chucked in the burn pile, though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on April 06, 2022, 06:17:37 PM
Sort of on a similar theme, I was wondering about not receiving the initial card addressed to me but in the AU’s name. I saw it on my daily usps informed delivery, but it wasn’t delivered. I’ve noticed a lot of junk mail to the AU’s not being delivered (don’t mind that), but not the initial credit card.

I don’t activate the cards anyway, but a little concerned a card is out there in the wild.

This is more of an issue for those issuers who send cards which are already activated. Hard to believe this actually happens but it does.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 06, 2022, 06:59:29 PM
Sort of on a similar theme, I was wondering about not receiving the initial card addressed to me but in the AU’s name. I saw it on my daily usps informed delivery, but it wasn’t delivered. I’ve noticed a lot of junk mail to the AU’s not being delivered (don’t mind that), but not the initial credit card.

I don’t activate the cards anyway, but a little concerned a card is out there in the wild.

This is more of an issue for those issuers who send cards which are already activated. Hard to believe this actually happens but it does.

Which issuers are those?  None of the issuers I use do that (Barclays, Citi, Chase, BofA, USBank, CapOne).  At least, they all have stickers and card activation web pages that act like they're working.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on April 07, 2022, 07:48:48 PM
Sort of on a similar theme, I was wondering about not receiving the initial card addressed to me but in the AU’s name. I saw it on my daily usps informed delivery, but it wasn’t delivered. I’ve noticed a lot of junk mail to the AU’s not being delivered (don’t mind that), but not the initial credit card.

I don’t activate the cards anyway, but a little concerned a card is out there in the wild.

This is more of an issue for those issuers who send cards which are already activated. Hard to believe this actually happens but it does.

Which issuers are those?  None of the issuers I use do that (Barclays, Citi, Chase, BofA, USBank, CapOne).  At least, they all have stickers and card activation web pages that act like they're working.

Both PNC and the one Elan card I have do this. The card number, expiration date, and security code are identical to my card. The only difference is the individual's name on the front.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 07, 2022, 08:40:33 PM
Sort of on a similar theme, I was wondering about not receiving the initial card addressed to me but in the AU’s name. I saw it on my daily usps informed delivery, but it wasn’t delivered. I’ve noticed a lot of junk mail to the AU’s not being delivered (don’t mind that), but not the initial credit card.

I don’t activate the cards anyway, but a little concerned a card is out there in the wild.

This is more of an issue for those issuers who send cards which are already activated. Hard to believe this actually happens but it does.

Which issuers are those?  None of the issuers I use do that (Barclays, Citi, Chase, BofA, USBank, CapOne).  At least, they all have stickers and card activation web pages that act like they're working.

Both PNC and the one Elan card I have do this. The card number, expiration date, and security code are identical to my card. The only difference is the individual's name on the front.

Thanks.  My PNC and Elan cards are aging currently. ;-)

Do they come with activation stickers?  Chase and BofA both have recently sent me AU cards with the AU's name but the same card number, expiration date, and security code on them as mine, *and* activation stickers.  I activated them and it seemed like something happened.

Although it wouldn't surprise me if the AU card worked without being activated.  I have never tried; I just sockdrawer them when they arrive and shred them after removing the AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Bibimbap on April 08, 2022, 04:31:21 AM
Speaking of Elan, is anyone selling tradelines on their Elan card?  Mine just aged and I asked the new company to add it to my cards and they said they no longer accept Elan cards because Elan doesn't report any more.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on April 08, 2022, 05:55:01 AM
Yes the two sellers I work with keep my elans full.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on April 08, 2022, 01:41:20 PM
I've gotten a few Collection Agency letters for my AU.
I have had one guy show up trying to server papers to an AU.
And another time a repo guy (I assume) showed up in a tow truck and asked me if Mr. AU lived here or if I knew him.   Ugh!!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 08, 2022, 01:43:54 PM
I've gotten a few Collection Agency letters for my AU.
I have had one guy show up trying to server papers to an AU.
And another time a repo guy (I assume) showed up in a tow truck and asked me if Mr. AU lived here or if I knew him.   Ugh!!!

Get a PO BOX :)  About $50 / year
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Bibimbap on April 08, 2022, 02:55:15 PM
Yes the two sellers I work with keep my elans full.
are you working with the companies arebelspy recommends here (the old company and the new one)?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on April 08, 2022, 03:06:50 PM
I work with different companies.  Not as vetted as the ones recommended here but they keep my cards full and have confidence after working with both for a couple of years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Bibimbap on April 08, 2022, 03:26:17 PM
I work with different companies.  Not as vetted as the ones recommended here but they keep my cards full and have confidence after working with both for a couple of years.
Can I PM you and ask more about it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on April 08, 2022, 07:20:17 PM
Sort of on a similar theme, I was wondering about not receiving the initial card addressed to me but in the AU’s name. I saw it on my daily usps informed delivery, but it wasn’t delivered. I’ve noticed a lot of junk mail to the AU’s not being delivered (don’t mind that), but not the initial credit card.

I don’t activate the cards anyway, but a little concerned a card is out there in the wild.

This is more of an issue for those issuers who send cards which are already activated. Hard to believe this actually happens but it does.

Which issuers are those?  None of the issuers I use do that (Barclays, Citi, Chase, BofA, USBank, CapOne).  At least, they all have stickers and card activation web pages that act like they're working.

Both PNC and the one Elan card I have do this. The card number, expiration date, and security code are identical to my card. The only difference is the individual's name on the front.

Thanks.  My PNC and Elan cards are aging currently. ;-)

Do they come with activation stickers?  Chase and BofA both have recently sent me AU cards with the AU's name but the same card number, expiration date, and security code on them as mine, *and* activation stickers.  I activated them and it seemed like something happened.

Although it wouldn't surprise me if the AU card worked without being activated.  I have never tried; I just sockdrawer them when they arrive and shred them after removing the AU.

Yes, they come with activation stickers but calling and "activating" is meaningless. I've used them right out of the envelope and unfortunately, they work! I also had PNC send a card to the AU's address once. I had to add over the phone instead of through online banking(I think online banking was down). A few weeks later I hadn't received the card and I called customer service and they said we sent it out and gave me the AU's address as the ship to address. The CSR had never asked for my permission to do that obviously. Now I never add over the phone. If online banking is down, I wait until it comes back up to add.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on April 08, 2022, 07:21:14 PM
Speaking of Elan, is anyone selling tradelines on their Elan card?  Mine just aged and I asked the new company to add it to my cards and they said they no longer accept Elan cards because Elan doesn't report any more.

The old company fills my Elan card fairly regularly. Sometimes I only have 1 instead of 2 AU's on it but that's rare.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: mpellas on April 13, 2022, 05:12:21 PM
Hey everyone,

New here. Coming out of a divorce and trying to pay down debt she left me with quickly... and came across tradelines. Been using one company so far but am possibly looking to expand. Will continue to read through the thread but wanted to say hello!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: missundecided on April 15, 2022, 01:32:08 PM
Is calling the only way to remove for Citi? I couldn't find a method online, and I've been on the call for at least 20 minutes answering security questions and they're having difficulty removing people.

Even if there isn't a specific way to remove an AU online, you generally can send them a secure message and just write a short note asking them to remove Jane Doe as an AU on your account.  They should reply in a day or two saying the person has been removed.  From my notes it looks like Citi does this.

I personally wait until I get the confirmation message back before marking the AU removed with the TL company.

I don't see a way to send Citi a secure message. Am I blind? The only things available are via chat or phone. And on the app I also have the additional option of a physical mailing address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 15, 2022, 01:47:42 PM
Is calling the only way to remove for Citi? I couldn't find a method online, and I've been on the call for at least 20 minutes answering security questions and they're having difficulty removing people.

Even if there isn't a specific way to remove an AU online, you generally can send them a secure message and just write a short note asking them to remove Jane Doe as an AU on your account.  They should reply in a day or two saying the person has been removed.  From my notes it looks like Citi does this.

I personally wait until I get the confirmation message back before marking the AU removed with the TL company.

I don't see a way to send Citi a secure message. Am I blind? The only things available are via chat or phone. And on the app I also have the additional option of a physical mailing address.

It looks like the feature is gone now, but you can apparently use Chat to remove an AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 15, 2022, 02:35:45 PM
I just tried to remove a Citi AU by chat a couple of days ago, couldn't do it. Received an auto reply saying that I need to call to remove an authorized user.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 20, 2022, 04:52:50 AM
I find removing an AU on Citi card to be relatively easy and quick via phone call. Adding on the other hand.... Geesh!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 20, 2022, 10:55:29 AM
Same experience with Citi - PITA to add, dropping them is quick and painless. The only new cards I'm getting are Barclay at this point - no one makes it easier to add/remove users than them. That said, I still sell quite a few on my Elan, PNC, Discover, Citi, and AmEx cards (before anyone asks, I also use two other companies that I've been working with for several years now).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 22, 2022, 06:05:18 AM
Same experience with Citi - PITA to add, dropping them is quick and painless. The only new cards I'm getting are Barclay at this point - no one makes it easier to add/remove users than them. That said, I still sell quite a few on my Elan, PNC, Discover, Citi, and AmEx cards (before anyone asks, I also use two other companies that I've been working with for several years now).

I'm surprised there isn't more mention of Cap One cards. I've been selling out spots on P2s Cap One Card for years without a single reporting issue. Adding and removing is just as if not easier than Barclays. I have not run into any limits either on total number of AUs. I've been seasoning more Cap One cards for future tradelines. I get good use out of their SUBs as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 22, 2022, 08:41:52 AM
Same experience with Citi - PITA to add, dropping them is quick and painless. The only new cards I'm getting are Barclay at this point - no one makes it easier to add/remove users than them. That said, I still sell quite a few on my Elan, PNC, Discover, Citi, and AmEx cards (before anyone asks, I also use two other companies that I've been working with for several years now).

I'm surprised there isn't more mention of Cap One cards. I've been selling out spots on P2s Cap One Card for years without a single reporting issue. Adding and removing is just as if not easier than Barclays. I have not run into any limits either on total number of AUs. I've been seasoning more Cap One cards for future tradelines. I get good use out of their SUBs as well.

Cap One is great if they don't shut you down. Glad you've had good experience with them! I added a total of 4 users over a year on one card before it was restricted. Took me another year before they lifted the restriction on it. The next card I tried using, they closed the account after one AU. I have never had any issues with Barclay restricting or closing an account, even when adding 6 users in a cycle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on April 22, 2022, 12:32:15 PM
Same experience with Citi - PITA to add, dropping them is quick and painless. The only new cards I'm getting are Barclay at this point - no one makes it easier to add/remove users than them. That said, I still sell quite a few on my Elan, PNC, Discover, Citi, and AmEx cards (before anyone asks, I also use two other companies that I've been working with for several years now).

I'm surprised there isn't more mention of Cap One cards. I've been selling out spots on P2s Cap One Card for years without a single reporting issue. Adding and removing is just as if not easier than Barclays. I have not run into any limits either on total number of AUs. I've been seasoning more Cap One cards for future tradelines. I get good use out of their SUBs as well.

Cap One is great if they don't shut you down. Glad you've had good experience with them! I added a total of 4 users over a year on one card before it was restricted. Took me another year before they lifted the restriction on it. The next card I tried using, they closed the account after one AU. I have never had any issues with Barclay restricting or closing an account, even when adding 6 users in a cycle.

+1 to this. Cap One was great for me, but then they shut me down. I had 2 cards, and both were restricted despite me only selling tradelines on one of them. They asked me for some documents, which I sent them and then they permanently closed the accounts anyways because they said they couldn't accept the documents I sent them and refused to tell me exactly what was wrong with them, or how to correct them. From what I've been told, this is their pattern. They make you send documents and then just say the documents aren't sufficient, so they have a "reason" to shut you down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 22, 2022, 12:36:49 PM

+1 to this. Cap One was great for me, but then they shut me down. I had 2 cards, and both were restricted despite me only selling tradelines on one of them. They asked me for some documents, which I sent them and then they permanently closed the accounts anyways because they said they couldn't accept the documents I sent them and refused to tell me exactly what was wrong with them, or how to correct them. From what I've been told, this is their pattern. They make you send documents and then just say the documents aren't sufficient, so they have a "reason" to shut you down.

Have you tried talking to a lawyer? Seems like a shady practice to me and could be illegal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on April 22, 2022, 03:09:25 PM

+1 to this. Cap One was great for me, but then they shut me down. I had 2 cards, and both were restricted despite me only selling tradelines on one of them. They asked me for some documents, which I sent them and then they permanently closed the accounts anyways because they said they couldn't accept the documents I sent them and refused to tell me exactly what was wrong with them, or how to correct them. From what I've been told, this is their pattern. They make you send documents and then just say the documents aren't sufficient, so they have a "reason" to shut you down.

Have you tried talking to a lawyer? Seems like a shady practice to me and could be illegal.

Haven't tried and don't want to. Not worth the time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 22, 2022, 03:42:00 PM

+1 to this. Cap One was great for me, but then they shut me down. I had 2 cards, and both were restricted despite me only selling tradelines on one of them. They asked me for some documents, which I sent them and then they permanently closed the accounts anyways because they said they couldn't accept the documents I sent them and refused to tell me exactly what was wrong with them, or how to correct them. From what I've been told, this is their pattern. They make you send documents and then just say the documents aren't sufficient, so they have a "reason" to shut you down.

Have you tried talking to a lawyer? Seems like a shady practice to me and could be illegal.

Haven't tried and don't want to. Not worth the time.

Bat signal @PointsLawyer
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on April 22, 2022, 05:23:11 PM
Yep I had great luck with my 12 year old Cap One card with $30k CL.
I started selling AU's with it in 2018 and I was selling 2 spots every 2 months at $350 per AU... for a period of about 2 years.
Then in June of 2020 out of the blue. CapOne emailed me and said they were lowering my CL from $30,000 to $10,000 because I wasn't spending much on the card.
So my AU commission went from $350 to $200 per AU.  Started selling well for a few months but then BAMM!!!   In Aug 2020, they closed my account without warning.  Ugh!
That was such a bummer because that was my best card, making approx $700 every 2 months!

Then about 6 months later, later I got an email ad from Cap One saying I was pre-approved for a card and so I enrolled and got the card w/ a $30,000
Oh well, I'll season it a bit longer then put it up for tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 22, 2022, 06:59:51 PM
Same experience with Citi - PITA to add, dropping them is quick and painless. The only new cards I'm getting are Barclay at this point - no one makes it easier to add/remove users than them. That said, I still sell quite a few on my Elan, PNC, Discover, Citi, and AmEx cards (before anyone asks, I also use two other companies that I've been working with for several years now).

I'm surprised there isn't more mention of Cap One cards. I've been selling out spots on P2s Cap One Card for years without a single reporting issue. Adding and removing is just as if not easier than Barclays. I have not run into any limits either on total number of AUs. I've been seasoning more Cap One cards for future tradelines. I get good use out of their SUBs as well.

Cap One is great if they don't shut you down. Glad you've had good experience with them! I added a total of 4 users over a year on one card before it was restricted. Took me another year before they lifted the restriction on it. The next card I tried using, they closed the account after one AU. I have never had any issues with Barclay restricting or closing an account, even when adding 6 users in a cycle.

Hmmm, well that's good to know. Her card is 17 years old so not sure if that has any bearing. Been selling out spots since 2017, so almost 5 years. She also has 2 other Cap One cards that we don't put AU's on and a checking account that's been open for several years. Perhaps that factors in? I have no idea.

I had 4 Barclay cards I was seasoning until they converted the NFL cards. Damnit!! I wish Barclays had better SUBs. Waiting a couple years to reap the benefits of getting approved kind of sucks. Ah well, first world problems ( :
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 22, 2022, 07:04:24 PM
Yep I had great luck with my 12 year old Cap One card with $30k CL.
I started selling AU's with it in 2018 and I was selling 2 spots every 2 months at $350 per AU... for a period of about 2 years.
Then in June of 2020 out of the blue. CapOne emailed me and said they were lowering my CL from $30,000 to $10,000 because I wasn't spending much on the card.
So my AU commission went from $350 to $200 per AU.  Started selling well for a few months but then BAMM!!!   In Aug 2020, they closed my account without warning.  Ugh!
That was such a bummer because that was my best card, making approx $700 every 2 months!

Then about 6 months later, later I got an email ad from Cap One saying I was pre-approved for a card and so I enrolled and got the card w/ a $30,000
Oh well, I'll season it a bit longer then put it up for tradelines.

Yeah Cap One seems to be notorious for just dropping CLs if you don't put much spending on the card. They will do the opposite as well though. I opened a Cap One Card last year and they gave me a $5K credit limit. I put a few thousand in spending on the card and requested a CL increase after about a month. They immediately bumped my limit up to $10K.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: redwheel92 on April 24, 2022, 03:41:37 PM
In terms of posting correctly does it matter whether or not you activate the new cards for the AUs?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on April 24, 2022, 04:04:32 PM
In terms of posting correctly does it matter whether or not you activate the new cards for the AUs?
I've never activated a single card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on April 24, 2022, 05:00:22 PM
In terms of posting correctly does it matter whether or not you activate the new cards for the AUs?

Amex claims on the activation sticker that they will cancel the card if you don't activate it . . . not sure how long it would be before they cancel. I activate those.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 25, 2022, 02:09:46 AM
I rarely activate a card including Amex. With American express they say the will cancel in 2 months if you do not add the social. I never had any issues not activating the cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 25, 2022, 07:58:01 AM
Same experience with Citi - PITA to add, dropping them is quick and painless. The only new cards I'm getting are Barclay at this point - no one makes it easier to add/remove users than them. That said, I still sell quite a few on my Elan, PNC, Discover, Citi, and AmEx cards (before anyone asks, I also use two other companies that I've been working with for several years now).

I'm surprised there isn't more mention of Cap One cards. I've been selling out spots on P2s Cap One Card for years without a single reporting issue. Adding and removing is just as if not easier than Barclays. I have not run into any limits either on total number of AUs. I've been seasoning more Cap One cards for future tradelines. I get good use out of their SUBs as well.

Cap One is great if they don't shut you down. Glad you've had good experience with them! I added a total of 4 users over a year on one card before it was restricted. Took me another year before they lifted the restriction on it. The next card I tried using, they closed the account after one AU. I have never had any issues with Barclay restricting or closing an account, even when adding 6 users in a cycle.

Hmmm, well that's good to know. Her card is 17 years old so not sure if that has any bearing. Been selling out spots since 2017, so almost 5 years. She also has 2 other Cap One cards that we don't put AU's on and a checking account that's been open for several years. Perhaps that factors in? I have no idea.

I had 4 Barclay cards I was seasoning until they converted the NFL cards. Damnit!! I wish Barclays had better SUBs. Waiting a couple years to reap the benefits of getting approved kind of sucks. Ah well, first world problems ( :

My CapOne card was 15 years old when I started selling on it, had one other card they didn't do anything to. Didn't have a checking account, so maybe that does weigh in, I don't know.

I had long ago used my own NFL card up and had closed it, but had one in my wife's name that we were seasoning and had just come up on the two year mark. Before they moved it to Comenity, she called and had them transfer the total available credit to another card that had also just hit two years and close the NFL account. Was planning on having her move credit around and sell on both of those cards though, so it still sucks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: redwheel92 on April 25, 2022, 11:25:37 AM
Has anyone had any luck marketing and selling their cards independently (ie on Facebook groups, other message boards, etc)? Would love to get more info on this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 25, 2022, 12:19:10 PM
Has anyone had any luck marketing and selling their cards independently (ie on Facebook groups, other message boards, etc)? Would love to get more info on this.

I was considering it, even joined a couple of tradeline groups on FB to see what's going on. I decided against it because some of the people in those groups seemed shady, like they tried to sell CPNs (basically fake SSNs, so this is serious fraud). Then there was someone who said he added several AUs to one of his cards at the same time, then the card was shut for fraud down because one of his clients used a CPN.

As an individual seller, I can't validate my client's details 100% to exclude fraud and synthetic identities (though if there are ways to do these validations using publicly available web sites, or inexpensive subscription tools, I'm all ears).

Another concern about selling directly if you are more exposed to legal risks if someone tries to commit fraud and you add them. If you work with a tradeline broker, they take at least some of that risk and maybe even all of it (correct me if I'm wrong).

Btw some people even sell tradelines on Ebay. I haven't tried that either because of the concerns I mentioned.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on April 26, 2022, 07:16:27 AM
I tried eBay. Very successfully from November to April 11th. Then I got shut down because I was "putting the eBay community at risk". I called three times to ask for a more detailed answer but they would not provide any.
I was very late to the tradelines party so I didn't have enough seasoned cards and I believe the tradeline companies promoted in this thread take care of the established tradeline providers and the newbies like me only get the leftovers, which may be a reasonable business model, so I could not sell much with them.
Two good aspects of selling on eBay: you don't have to wait two years to start monetizing your card, and you get a much higher price (2 to 3 times more, as there is no middle man). Of course, there is a risk but I didn't have any cards shut down as I followed the guidelines I learned from the two companies advertised here and one other company that I used briefly.
One of my eBay "clients" told me that eBay does a clean-up of tradelines sellers every 6 months. May be true or not, there are still several tradelines listed but maybe not as many as before. Not sure.
I just finished listing them on my blog but haven't figured out how to market them.
HTH
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on April 26, 2022, 08:19:32 AM
hi kind of lost,
I wonder if you could link your blog so we can see more info?
Or we could PM, but that is cumbersome if many people are interested in your experience, Thank you
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 26, 2022, 08:24:08 AM
In terms of posting correctly does it matter whether or not you activate the new cards for the AUs?

Amex claims on the activation sticker that they will cancel the card if you don't activate it . . . not sure how long it would be before they cancel. I activate those.

Amex is all over the place.  They make me create a new unique account for every AU card they send me in order to activate it.  Last time they required a new unique phone number to finish creating the account, so I couldn't finish setting it up as I have no more phone numbers and they wouldn't accept mine.  That one never ended up posting because they wouldn't let me activate the card without a unique phone number.  The last couple amex AU they never even sent the card, even though I went back to the website and requested they resend the card on account of it never arriving.  They never did send it no matter how many times I requested.  Those still posted though. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 26, 2022, 09:32:06 AM
Has anyone had any luck marketing and selling their cards independently (ie on Facebook groups, other message boards, etc)? Would love to get more info on this.

I have done a few sales to people I know (tenants, friends, etc.) and a few friends of my wife's niece. I just charged what my normal commission would be, so they get a deal vs. going through a tradeline company. Also added my kids, sister, BIL just to help with their scores. Too much of a PITA to try to actively recruit users, but if the subject comes up in conversation I'll put it out there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on April 26, 2022, 10:44:56 AM
In terms of posting correctly does it matter whether or not you activate the new cards for the AUs?

Amex claims on the activation sticker that they will cancel the card if you don't activate it . . . not sure how long it would be before they cancel. I activate those.

Amex is all over the place.  They make me create a new unique account for every AU card they send me in order to activate it.  Last time they required a new unique phone number to finish creating the account, so I couldn't finish setting it up as I have no more phone numbers and they wouldn't accept mine.  That one never ended up posting because they wouldn't let me activate the card without a unique phone number.  The last couple amex AU they never even sent the card, even though I went back to the website and requested they resend the card on account of it never arriving.  They never did send it no matter how many times I requested.  Those still posted though.

My experience selling AMEX is really strange. initially, in my first few adds, they would ask me to create a new online account for the new user when I tried to confirm receipt of the card. I never did that. For my next few adds, they stopped asking me to create a new online account and asked me to verify my date of birth (mine, not the AU's) before confirming the card. Then, for my next group of users, they switched it up, and started asking for the AU's date of birth.

even on this very thread, I've seen people share different interactions for doing AMEX adds.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on April 26, 2022, 11:55:43 AM
Has anyone had any luck marketing and selling their cards independently (ie on Facebook groups, other message boards, etc)? Would love to get more info on this.

I have done a few sales to people I know (tenants, friends, etc.) and a few friends of my wife's niece. I just charged what my normal commission would be, so they get a deal vs. going through a tradeline company. Also added my kids, sister, BIL just to help with their scores. Too much of a PITA to try to actively recruit users, but if the subject comes up in conversation I'll put it out there.

Just out of curiosity, did you find out what kind of bump this provided to their credit scores? 20 points, 50 points? Was it a larger bump if they had a lower score to begin with?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 27, 2022, 06:47:40 AM
Has anyone had any luck marketing and selling their cards independently (ie on Facebook groups, other message boards, etc)? Would love to get more info on this.

I have done a few sales to people I know (tenants, friends, etc.) and a few friends of my wife's niece. I just charged what my normal commission would be, so they get a deal vs. going through a tradeline company. Also added my kids, sister, BIL just to help with their scores. Too much of a PITA to try to actively recruit users, but if the subject comes up in conversation I'll put it out there.

Just out of curiosity, did you find out what kind of bump this provided to their credit scores? 20 points, 50 points? Was it a larger bump if they had a lower score to begin with?

I would say I don't have enough data to answer - from what I can tell, it depends a LOT on your credit profile and what types of derogatory marks you have. One woman had a bump of over 70 points, but in one instance the user's score actually went down before it went up - that one was likely due to something else hitting their score at the same time. I actually don't know if any of the TL companies guarantee a jump of XX because of this. If they do, they would have to commit to analyzing the before and after to make sure nothing else changed.

All that said, it does make a huge difference. For my oldest daughter, she was able to refinance her car from something outrageous like 16% (not due to bad credit, just no credit) to something in the 4-5% range.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on April 27, 2022, 07:54:08 AM
In terms of posting correctly does it matter whether or not you activate the new cards for the AUs?

Amex claims on the activation sticker that they will cancel the card if you don't activate it . . . not sure how long it would be before they cancel. I activate those.

Amex is all over the place.  They make me create a new unique account for every AU card they send me in order to activate it.  Last time they required a new unique phone number to finish creating the account, so I couldn't finish setting it up as I have no more phone numbers and they wouldn't accept mine.  That one never ended up posting because they wouldn't let me activate the card without a unique phone number.  The last couple amex AU they never even sent the card, even though I went back to the website and requested they resend the card on account of it never arriving.  They never did send it no matter how many times I requested.  Those still posted though.

My experience selling AMEX is really strange. initially, in my first few adds, they would ask me to create a new online account for the new user when I tried to confirm receipt of the card. I never did that. For my next few adds, they stopped asking me to create a new online account and asked me to verify my date of birth (mine, not the AU's) before confirming the card. Then, for my next group of users, they switched it up, and started asking for the AU's date of birth.

even on this very thread, I've seen people share different interactions for doing AMEX adds.

Yes I've had all those variations.  They ask me those in addition to creating a new account.  It's confusing too when they simply ask for the DOB of "the account holder", because sometimes that means me, and apparently sometimes it means the AU.  I think every single AU I've had has been a slightly different process to activate the card.  It's really weird how inconsistent they are.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on April 27, 2022, 10:15:32 PM
I too have had weird experiences with AMEX AU's.  My first one was rejected by AMEX (posted previously about this).  My second - I could not activate despite full SSN from old co.  Amex wanted me to call.  Old co said call if you want... I didn't and it apparently posted and order will be paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 01, 2022, 09:54:45 PM
Question about applying for a new Barclaycard. Is there a minimum time you need to wait between closing an existing card with Barclays and applying for a new one? It says 6 months is recommended on the Points Guy Website https://thepointsguy.com/guide/credit-card-application-restrictions/   but also on another site it says the 6 month rule only applies if you apply for the same card you closed before https://www.uponarriving.com/barclays-application-rules-guide/

Has anyone opened a new card shortly after closing an old one? Any other restrictions to be aware of?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 02, 2022, 05:35:25 AM
Padonak, I would not close the Barclay's card,  I would open a new one first, then call and ask if you can transfer the credit line from the old card, to the newer one. I have done this twice. One time I closed the old card, that maxed out of authorized users, and they let me re open so I could transfer the credit line to the new card. But that was like next day after closing the account. I always changed from one product to another like from jet blue card to American airlines card. Good luck.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 02, 2022, 06:04:15 AM
Padonak, I would not close the Barclay's card,  I would open a new one first, then call and ask if you can transfer the credit line from the old card, to the newer one. I have done this twice. One time I closed the old card, that maxed out of authorized users, and they let me re open so I could transfer the credit line to the new card. But that was like next day after closing the account. I always changed from one product to another like from jet blue card to American airlines card. Good luck.

Good idea, thanks for recommending this. Pretty sure I am about to hit the max ceiling on a high CL card and had it on my mind to close the card when I do. I'll be sure to keep it open and transfer the CL over before closing.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 02, 2022, 09:47:37 AM
Padonak, I would not close the Barclay's card,  I would open a new one first, then call and ask if you can transfer the credit line from the old card, to the newer one. I have done this twice. One time I closed the old card, that maxed out of authorized users, and they let me re open so I could transfer the credit line to the new card. But that was like next day after closing the account. I always changed from one product to another like from jet blue card to American airlines card. Good luck.

Thanks, yes I agree with you but I already closed an old card. Before I closed it, I moved my credit line to another Barclay's card I have. I'm trying to open another one and let it season for a couple of years.

I tried changing products with Barclays in the past and they wouldn't let me. I was able to downgrade one of my cards with an annual fee to a similar free card (I think it was Arrival) but many of their cards can't be downgraded or changed to a different one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on May 02, 2022, 10:08:33 AM
Is there a reason you want to close the old Barclays cards? I maxed out the AU slots on one of my Barclays cards, but transferred the credit limit and just left it open.

I'd imagine that leaving it open only helps the "age of credit" factor in credit reporting, and I can't think of any downside of leaving it open.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 02, 2022, 10:40:43 AM
Is there a reason you want to close the old Barclays cards? I maxed out the AU slots on one of my Barclays cards, but transferred the credit limit and just left it open.

I'd imagine that leaving it open only helps the "age of credit" factor in credit reporting, and I can't think of any downside of leaving it open.

I closed it because I wanted to transfer my entire credit line to a new card. I only have so much total credit with Barclays and it's difficult to get more once you've reached a certain amount. Another reason is it could be easier to apply for a new card if you don't have too many cards open with them already.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on May 02, 2022, 12:08:23 PM
Question about applying for a new Barclaycard. Is there a minimum time you need to wait between closing an existing card with Barclays and applying for a new one? It says 6 months is recommended on the Points Guy Website https://thepointsguy.com/guide/credit-card-application-restrictions/   but also on another site it says the 6 month rule only applies if you apply for the same card you closed before https://www.uponarriving.com/barclays-application-rules-guide/

Has anyone opened a new card shortly after closing an old one? Any other restrictions to be aware of?

Barclays has a 5/24 policy similar to Chase (or something closely akin to it). I tried opening a new Barclay account and was told I had too many new accounts. I asked how many was too many, and they wouldn't say. I tried again about 6 months later with the same result. I waited until I had fewer than 5 cards opened within a 24 month period, and had zero problems.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 03, 2022, 11:20:37 AM
A couple of general questions:

What are the most common reasons people buy tradelines and what do you think the % of total orders is for each reason?
-Getting a mortgage
-Getting an auto loan
-Renting an apartment or house
-Other reasons?

How do you think the rising interest rates will impact (or already are impacting) tradeline sales? If the most common reason is getting a mortgage, demand for tradelines will probably decline considerably. On the other hand, if it's boosting your credit score to rent a place, it will probably stay the same or even increase. Auto loans are probably somewhere in between.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on May 03, 2022, 07:53:44 PM
I got an “Authorized user not added, the information you entered is not correct, contact our customer service dept asap…” when I tried to add my most recent AU for my Barclays card.

Is this the kind of message you get when you reach your max AU limit, or just a glitch for whatever reason when I tried to add them? I tried an hour later and got the same message (and I am sure I answered the challenge questions correctly).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 03, 2022, 08:46:59 PM
I got an “Authorized user not added, the information you entered is not correct, contact our customer service dept asap…” when I tried to add my most recent AU for my Barclays card.

Is this the kind of message you get when you reach your max AU limit, or just a glitch for whatever reason when I tried to add them? I tried an hour later and got the same message (and I am sure I answered the challenge questions correctly).

Yes, I got the same message when I reached my limit. Also tried a couple of times and got the same message again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 04, 2022, 03:17:31 AM
Just curious if you know exactly how many people you have added to hit the limit? I maxed out TD bank with 30 users and Barclays I don’t recall exactly but I believe it was around 35 users.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on May 04, 2022, 04:40:18 AM
Just curious if you know exactly how many people you have added to hit the limit? I maxed out TD bank with 30 users and Barclays I don’t recall exactly but I believe it was around 35 users.
Yep, according to my records, the failed add was #36. Bummer. I only got a recent Barclays to season earlier this year.
But I anticipated this happening so I started using the new Barclays card as my main card, and out of my back pocket I whipped out a 20y/o Citibank card, ready for tradeline sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on May 04, 2022, 06:24:10 AM
A couple of general questions:

What are the most common reasons people buy tradelines and what do you think the % of total orders is for each reason?
-Getting a mortgage
-Getting an auto loan
-Renting an apartment or house
-Other reasons?

How do you think the rising interest rates will impact (or already are impacting) tradeline sales? If the most common reason is getting a mortgage, demand for tradelines will probably decline considerably. On the other hand, if it's boosting your credit score to rent a place, it will probably stay the same or even increase. Auto loans are probably somewhere in between.

I think the reasons are probably a mixture of all the above, and if I were to guess, highly biased towards auto loans.

What I’m more concerned about wrt tradelines in the current climate, if credit scores and loan practices are deemed “unfair to certain populations”, credit scores could be legislated out, or made to have a much lower bearing on securing loans, which would pretty much put a wet blanket on our party here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on May 04, 2022, 09:27:07 AM
A couple of general questions:

What are the most common reasons people buy tradelines and what do you think the % of total orders is for each reason?
-Getting a mortgage
-Getting an auto loan
-Renting an apartment or house
-Other reasons?

How do you think the rising interest rates will impact (or already are impacting) tradeline sales? If the most common reason is getting a mortgage, demand for tradelines will probably decline considerably. On the other hand, if it's boosting your credit score to rent a place, it will probably stay the same or even increase. Auto loans are probably somewhere in between.

I think the reasons are probably a mixture of all the above, and if I were to guess, highly biased towards auto loans.

What I’m more concerned about wrt tradelines in the current climate, if credit scores and loan practices are deemed “unfair to certain populations”, credit scores could be legislated out, or made to have a much lower bearing on securing loans, which would pretty much put a wet blanket on our party here.

at least two of my clients were starting a business, one of these was applying for an SBA loan
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 04, 2022, 09:49:53 AM
A couple of general questions:

What are the most common reasons people buy tradelines and what do you think the % of total orders is for each reason?
-Getting a mortgage
-Getting an auto loan
-Renting an apartment or house
-Other reasons?

How do you think the rising interest rates will impact (or already are impacting) tradeline sales? If the most common reason is getting a mortgage, demand for tradelines will probably decline considerably. On the other hand, if it's boosting your credit score to rent a place, it will probably stay the same or even increase. Auto loans are probably somewhere in between.

I'm never told the reasons why people buy trade lines.  A number of my AUs appear to have been deadbeats.

My trade line sales seem to be holding steady so far this year compared to the previous three years.  I think that people buying trade lines is a small subset of people seeking credit, so I'm not sure how much one can infer about the former by general trends in the quantity of the latter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on May 05, 2022, 10:41:13 AM
I have noticed a slight slowdown in sales, these past 2-3 months, but nothing too alarming. I like to try and "rest" my cards periodically as well, so a slowdown in sales just gives me an opportunity to do that. But since I started selling AMEX too, that has made up for any dropoff in sales for my other cards.

I'm not too concerned, I was never relying on this income. I still see it as an incredible bonus that I still can't really believe we're getting paid for, tbh.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on May 09, 2022, 07:44:08 AM
Wondering if anyone else has issues with the new company (although not so new anymore).  I've only had two sales total, the first was last year and I had to chase them down for payment.  After asking they paid me $50 and I had to chase them again for the remaining $125.  This last one was for a $300 payment on a $50k Chase credit line AU in January and I just got a response that no payment is due as it never posted to the AU credit report and I could view the AU credit report online.  Can't view online, they never told me it was an issue until now and I copied and pasted the info they provided me.  Just seems shady since I've never had a single issue with the old company. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 09, 2022, 09:00:26 AM
Tons of people have had that issue with the new company.  I stopped using them entirely and only use the old company because they are so much better with payments.  Never a problem with the old company; everything shows in the portal, and pays on time, every time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on May 09, 2022, 09:17:01 AM
Yes, I just had to hound new company for payment, again. I would love to move over to the old company entirely, but for whatever reason, I don't get sales with them. I think I had two sales when I first started with them last year and then nothing. I am hoping to add more cards whenever they open up enrollment again and maybe that will help.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 09, 2022, 11:35:27 AM
I've had one sale with the old company in the last 5-6 months. I just removed the one AU I had on one of my two cards. Last year I made about $1,000 - this year less than $200 so far. My cards are only a few years old as my handful of older credit cards are from credit unions and won't work. I've got a few more cards aging now, but most are only about a year old. I really need to get another Barclays card going but last time I applied they wanted me to send a bunch of documents (Driver's License, etc.) and I never got around to it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on May 10, 2022, 08:37:52 AM
Tons of people have had that issue with the new company.  I stopped using them entirely and only use the old company because they are so much better with payments.  Never a problem with the old company; everything shows in the portal, and pays on time, every time.

Thanks all.  I just sent them a note to remove my cards, I'm trying to minimize hassles in my life!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on May 10, 2022, 01:33:41 PM
I got an “Authorized user not added, the information you entered is not correct, contact our customer service dept asap…” when I tried to add my most recent AU for my Barclays card.

Is this the kind of message you get when you reach your max AU limit, or just a glitch for whatever reason when I tried to add them? I tried an hour later and got the same message (and I am sure I answered the challenge questions correctly).

I got this message last time I added 2 AUs to Barclays. The problem seemed to be glitchy and worked itself out when I logged out and in. But I did get a call from the Barclays fraud protection dept the next day. The call basically went like this:

"Hello, are you Archipelago?"
Yes
"Could you confirm that you added so and so on X date"
Yes
"Thank you, have a nice day."

I was expecting having to give a whole explanation of how I knew so and so, but the conversation never went there.

So I guess just be prepared for this kind of thing, but the conversation might not be as "easy" as the example above.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 11, 2022, 09:46:51 AM
I have better sales with the old company.  I have barclay ($125), discover ($50), citi ($75), and 3 amex (2@$50, 1@$100).  Currently have 5 active AU.  Made about $500 so far this year.  My wife's account is similar.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 11, 2022, 10:20:43 AM
I only got one order with Amex from the old company since I registered the card last year. I think Amex makes it difficult to add AUs and verify cards so maybe that explains the lack of orders. Not sure who else accepts Amex for AU sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on May 11, 2022, 10:23:52 AM
I’ve sold a ton of Amex but with a different company (literally filled one up with 99 over the course of the year) but most brokers will stack with another TL that has age since Amex only reports the CL.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on May 11, 2022, 10:38:42 AM
I’ve sold a ton of Amex but with a different company (literally filled one up with 99 over the course of the year) but most brokers will stack with another TL that has age since Amex only reports the CL.
Is Amex 99/ year and resets, or is it 99 and then it’s done?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on May 11, 2022, 11:07:18 AM
I have lost track of which one is the old company and which one is the new company!  🤔
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 11, 2022, 01:34:14 PM
The new company is called 
Spoiler: show
CALLCREDITPRO

the old company begins with B

I think 99 and done on AMEX not 100 percent sure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on May 13, 2022, 06:20:32 PM
I got an “Authorized user not added, the information you entered is not correct, contact our customer service dept asap…” when I tried to add my most recent AU for my Barclays card.

Is this the kind of message you get when you reach your max AU limit, or just a glitch for whatever reason when I tried to add them? I tried an hour later and got the same message (and I am sure I answered the challenge questions correctly).

I got this message last time I added 2 AUs to Barclays. The problem seemed to be glitchy and worked itself out when I logged out and in.
It must have been a glitch…I just added an AU and it worked fine. So that’s #36.  But I’m sure my days are numbered with this card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on May 16, 2022, 12:48:41 PM
The new company is called 
Spoiler: show
CALLCREDITPRO

the old company begins with B

I think 99 and done on AMEX not 100 percent sure.

Thanks!  Then I am with the new company.  Not a lot of sales.  And I always have to chase down the payments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 16, 2022, 12:57:02 PM
Yes the new company others have complained they  have to chase them down for payments. thats why most recommend the old company. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 17, 2022, 05:35:03 AM
The new company is called 
Spoiler: show
CALLCREDITPRO

the old company begins with B

I think 99 and done on AMEX not 100 percent sure.

Thanks!  Then I am with the new company.  Not a lot of sales.  And I always have to chase down the payments.

I kept a couple cards with the new company as they did seem to get more sales than with the old company. They absolutely won't pay unless you hound them. I once refused to execute an AU order because they were months over due on paying me and wouldn't respond to my emails. I thought maybe after that they would be a bit more diligent with their payments. Nope, I was wrong. I just pulled those couple of cards from them. Part of me wonders if they purposefully don't pay hoping you forget.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 17, 2022, 07:20:01 AM
The new company is called 
Spoiler: show
CALLCREDITPRO

the old company begins with B

I think 99 and done on AMEX not 100 percent sure.

Thanks!  Then I am with the new company.  Not a lot of sales.  And I always have to chase down the payments.

I kept a couple cards with the new company as they did seem to get more sales than with the old company. They absolutely won't pay unless you hound them. I once refused to execute an AU order because they were months over due on paying me and wouldn't respond to my emails. I thought maybe after that they would be a bit more diligent with their payments. Nope, I was wrong. I just pulled those couple of cards from them. Part of me wonders if they purposefully don't pay hoping you forget.

It's either malicious, or gross incompetence.  I tend to lean towards malicious, as I've had to follow up numerous times, and actually get arebelspy involved before they would finally pay.  Either way it's extremely unprofessional.  IMO they should no longer be one of the vetted recommendations, and instead only be recommended as a secondary option if the old company can't take a specific card, or you think you'll get better sales for a particular card and are willing to tolerate their unprofessionalism. I personally don't recommend them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on May 17, 2022, 07:22:51 AM


they should no longer be one of the vetted recommendations, and instead only be recommended as a secondary option if the old company can't take a specific card

This has been the case for a long time (several years) and every time old company opens enrollment I've posted that anyone with eligible cards with new company should switch, multiple times now.

I agree, their payment process is garbage and basically makes them only worth using for cards you can't with old company and then you should expect to have to follow up to get paid.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on May 17, 2022, 12:52:28 PM
If there was a credit score rating for tradeline companies, New company would need to buy some tradelines.

Never have been even slightly interested in trying them, based on what I read here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on May 17, 2022, 07:07:39 PM
If there was a credit score rating for tradeline companies, New company would need to buy some tradelines.

Never have been even slightly interested in trying them, based on what I read here.

This is how I feel too over here on the sidelines. I haven't quite ever gotten to place any cards yet, but it interests me.

I wonder if it's possible to add more companies to the "good" list for wider card coverage.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 18, 2022, 07:17:15 AM
Has anyone had any luck marketing and selling their cards independently (ie on Facebook groups, other message boards, etc)? Would love to get more info on this.

I have done a few sales to people I know (tenants, friends, etc.) and a few friends of my wife's niece. I just charged what my normal commission would be, so they get a deal vs. going through a tradeline company. Also added my kids, sister, BIL just to help with their scores. Too much of a PITA to try to actively recruit users, but if the subject comes up in conversation I'll put it out there.

Just out of curiosity, did you find out what kind of bump this provided to their credit scores? 20 points, 50 points? Was it a larger bump if they had a lower score to begin with?

This depends on what makes up their credit score.  Chase just shut down my card for obvious tradeline activity.  It was over 20 years old with a $20k limit.  My son is a long time AU in order to boost his credit score.  When reported, my score went down literally one point.  His went down 30 points because he lacks the credit available (mine is over $300k) and age in market.  He actually has the advantage of car loans.  My credit reports (discover, cap one, credit union) always say that a lack of installment loans is what's holding me back from a higher score.  I'll live with my 829.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 18, 2022, 09:28:09 AM

This depends on what makes up their credit score.  Chase just shut down my card for obvious tradeline activity.  It was over 20 years old with a $20k limit.  My son is a long time AU in order to boost his credit score.  When reported, my score went down literally one point.  His went down 30 points because he lacks the credit available (mine is over $300k) and age in market.  He actually has the advantage of car loans.  My credit reports (discover, cap one, credit union) always say that a lack of installment loans is what's holding me back from a higher score.  I'll live with my 829.

How many AUs did you add approximately to that Chase card and over what period of time? Was there a particular reason they closed your account now, such as adding too many AUs recently at the same time? Did they close all your other accounts too?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on May 19, 2022, 06:18:59 PM
Citi is such a pain in the ass to add AU.  I just spent 45 minutes on the phone with them.  They finally got the AU added to the account, but are unable to send a card.  I said I would call back to get the card sent, but if they are on the account I will just leave it since I don't need the card.  I will likely be over an hour total on the phone by the time they are removed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on May 19, 2022, 11:35:49 PM
Citi is such a pain in the ass to add AU.  I just spent 45 minutes on the phone with them.  They finally got the AU added to the account, but are unable to send a card.  I said I would call back to get the card sent, but if they are on the account I will just leave it since I don't need the card.  I will likely be over an hour total on the phone by the time they are removed.

I've had this happen several times. Probably 3 out of 4 I get a message they can't send a card. I've never done anything about it, the AUs post just fine without it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 20, 2022, 04:42:19 AM
I think chase just shut me down as well. I probably have 4 users on there, two are friends. I probably have only done 12 to 16 users over 2 years on my IHG chase, but it was a big money card with 30k limit.
I didn’t even hear from them, I just changed my address maybe a weeek ago,  then logged in a week later and saw this account is closed message written over my credit card image, the IHG card. My only chase card.

Oh well, I don’t have really any points leftover, and I took my chances with chase, was fun while it lasted. Oh and my AU, my friend also had her chase card closedown she was on my account, just happened recently for no reason she says. I wonder if this had something to do with it? Are they looking at my card for trade
Lines then looking at my users? Or was it the other way around? She had opened her account in November last year got the bonus, paid it off. Not even six months her card was not abused.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on May 20, 2022, 11:27:58 AM

This depends on what makes up their credit score.  Chase just shut down my card for obvious tradeline activity.  It was over 20 years old with a $20k limit.  My son is a long time AU in order to boost his credit score.  When reported, my score went down literally one point.  His went down 30 points because he lacks the credit available (mine is over $300k) and age in market.  He actually has the advantage of car loans.  My credit reports (discover, cap one, credit union) always say that a lack of installment loans is what's holding me back from a higher score.  I'll live with my 829.

How many AUs did you add approximately to that Chase card and over what period of time? Was there a particular reason they closed your account now, such as adding too many AUs recently at the same time? Did they close all your other accounts too?

I have only had Chase doing tradelines for 2 years.  2 AUs per period.  When I called to try to give them a story to re-open, they said that the bank did an audit and because I had a lot of short term AUs, I was violating the terms and conditions, so they closed the account.  I have no other accounts with Chase.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on May 21, 2022, 09:04:31 PM
Citi is such a pain in the ass to add AU.  I just spent 45 minutes on the phone with them.  They finally got the AU added to the account, but are unable to send a card.  I said I would call back to get the card sent, but if they are on the account I will just leave it since I don't need the card.  I will likely be over an hour total on the phone by the time they are removed.

I've had this happen several times. Probably 3 out of 4 I get a message they can't send a card. I've never done anything about it, the AUs post just fine without it.


Same with me. While adding the AU via the phone I have my AU section of my CC account up live. Once I see the person is added I get off the phone as quickly as possible. They will try to transfer me to their fraud department and during the transfer I drop off. Not worth going through the whole process again and wasting more time.

AUs keep being added just fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on May 22, 2022, 06:39:57 AM
Just started adding AU’s to citi. Any tips to the easiest way to remove them? Someone committed earlier that removing them is easier than adding them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 22, 2022, 08:21:05 AM
Just started adding AU’s to citi. Any tips to the easiest way to remove them? Someone committed earlier that removing them is easier than adding them.

I don't know about Citi offhand in particular, but my typical approach is:  (A) try to remove them via the website - Barclay's does this, which makes it super easy, (B) try to remove them via an online message - several CC issuers do this, or (C) call and remove them, which is the least easy way but not too bad.

If it helps, the fraud type questions have always been on the add side for me.  On the remove side, there has never been an issue at all.  Just "Hey I want to remove Jane Smith as a user on my card."  "OK, they're removed."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on May 22, 2022, 10:22:40 AM
The new company is called 
Spoiler: show
CALLCREDITPRO

the old company begins with B

I think 99 and done on AMEX not 100 percent sure.

I do think it eventually resets.  I hit 99 last year and moved the credit to another card and I’m adding again.  Since age doesn’t matter for Amex you can get a new card and shift credit if you ever max out. Like Barclays.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 23, 2022, 08:47:40 AM
Yes you are right about Amex resetting, But getting another card is required for the reset I believe. I do that with barclays and Amex sent me another card this time blue cash every day and I added 2 users so the saga continues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on May 24, 2022, 05:42:31 AM
Besides Barclays max (~35) and Amex max (99), does anyone know about other cards that have limited AUs and what the approximate numbers are?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on May 24, 2022, 05:52:42 AM
Some cards like Discover you can only add 5 max at a time, same for Elan and TD  I think.  Most cards you don’t want to go over that to cause red flags.  And most while there’s no lifetime cap the shutdown risk means you’re unlikely to add as many as you could get on Barclays or Amex over the life of a card. YMMV 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 25, 2022, 05:58:57 PM
Just started adding AU’s to citi. Any tips to the easiest way to remove them? Someone committed earlier that removing them is easier than adding them.

Typically you get passed off to fraud department when adding an AU so the call tends to take a bit longer. Removing still takes a phone call but the reps do it pretty pretty easily and quickly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 28, 2022, 06:00:12 AM
What are people's experience with TD Bank and/or NFCU for selling tradelines? Want to expand out a bit to some different cards to season. Just got a new Barclaycard. Still under 5/24 as I've mostly been opening biz cards the last couple years. Looking for a card that's as easy as Barclays and Cap One for adding/removing tradelines.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on May 28, 2022, 06:24:25 AM
TD has been pretty hassle free but I have to call in to add. And they gave me a small CL.  Discovers a pretty easy card to get and the it miles matches cash back at the end of year one.  And Elan is a good option as well.  And PNC.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on May 28, 2022, 06:27:10 AM
I have had great luck with TD bank, had to call I think to add the social with my tradeline company. They were quick and reps where pleasant/effective and nice. Also they took alot of users. I remember I was adding 2-3 at a time and like 6 for that month and they remembered me from my previous call! oh oh .
Anyway there was a lifetime user add limit I hit it , it was around 35 and they told me that I had hit it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 28, 2022, 06:53:51 AM
I may take the plunge with TD Bank. I already have a Discover card. They have annual limits on AUs now though. I don't mind calling if the call is relatively quick and painless and I'm not passed around to fraud departments etc.

Thanks for the suggestions.

Edit: NM, I'm not within their footprint ) :
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on May 28, 2022, 07:02:25 AM
As a reminder even when Discover says you’re maxed as long as you have less than five on the account you can call them in.  And the US based customer makes it super easy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on May 31, 2022, 11:45:59 AM
I may take the plunge with TD Bank. I already have a Discover card. They have annual limits on AUs now though. I don't mind calling if the call is relatively quick and painless and I'm not passed around to fraud departments etc.

Thanks for the suggestions.

Edit: NM, I'm not within their footprint ) :

I might be mistaken but I think the target credit card is available nationwide, is TD and works for TLs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 31, 2022, 11:58:31 AM
I may take the plunge with TD Bank. I already have a Discover card. They have annual limits on AUs now though. I don't mind calling if the call is relatively quick and painless and I'm not passed around to fraud departments etc.

Thanks for the suggestions.

Edit: NM, I'm not within their footprint ) :

I might be mistaken but I think the target credit card is available nationwide, is TD and works for TLs.

@katsiki is correct on all points.  Although when I got mine last year, they gave me a CL that was too low to work for piggybacking purposes (and I have excellent credit! ;-) ).  I may try to do a CLI some time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on May 31, 2022, 12:12:55 PM
I may take the plunge with TD Bank. I already have a Discover card. They have annual limits on AUs now though. I don't mind calling if the call is relatively quick and painless and I'm not passed around to fraud departments etc.

Thanks for the suggestions.

Edit: NM, I'm not within their footprint ) :

I might be mistaken but I think the target credit card is available nationwide, is TD and works for TLs.

Doh! Thanks for the heads up. I think my spouse has had a Target CC for quite a few years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 01, 2022, 12:07:23 PM
For those who have Care Credit: how do you make occasional purchases to keep the card open? I tried using it at a doctor's office and they didn't accept it. Is there a way to use it online, maybe make a small purchase like vitamins, etc? I need to make a purchase within the next couple of months to keep it open.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 01, 2022, 12:38:14 PM
For those who have Care Credit: how do you make occasional purchases to keep the card open? I tried using it at a doctor's office and they didn't accept it. Is there a way to use it online, maybe make a small purchase like vitamins, etc? I need to make a purchase within the next couple of months to keep it open.

My card's promotional information says:  "To find a provider or retail location in the CareCredit network, visit carecredit.com/useyourcard" which then lets me look up stuff by zip code and type of business.  There were at least 60 locations within 5 miles of my zip code, and included some Walgreens locations, which is probably the easiest option I saw.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 01, 2022, 01:21:00 PM
For those who have Care Credit: how do you make occasional purchases to keep the card open? I tried using it at a doctor's office and they didn't accept it. Is there a way to use it online, maybe make a small purchase like vitamins, etc? I need to make a purchase within the next couple of months to keep it open.

I go to walgreens.  They accept it like any other credit card.  Their medicines are usually way over priced so we don't usually buy there, but occasionally will if we happen to need something and also need to make a purchase on the care credit.  If we don't any vitamins or medicine I will usually just buy myself some candy.  The candy is over priced too, but we are regularly maxing out our 2 slots at $125 each so I just consider my monthly bag of m&ms a perk.

I have a reminder set up for a few days after the end of the billing cycle, and I try to go put a purchase on it immediately so I won't end up forgetting.  I won't clear the reminder until I make a purchase.  You just have to be careful because my cycle date seems to bounce around, so I always log in and check to ensure the billing cycle has actually changed over. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 01, 2022, 01:50:03 PM
Interesting @frugalnacho

So anything at Walgreens works in your experience?

If so, it might be an easy trick to print a photo for pickup.  Quick and easy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on June 01, 2022, 02:26:02 PM
I have a 40 k limit on my American Express card, can anyone tell me how much you are getting per user on amex? I only get ten dollars for the 12k amex.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 01, 2022, 02:27:30 PM
I have a 40 k limit on my American Express card, can anyone tell me how much you are getting per user on amex? I only get ten dollars for the 12k amex.

Old co is $175 for that limit.  (They are not taking new AMEXs though)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on June 01, 2022, 05:20:28 PM
For those who have Care Credit: how do you make occasional purchases to keep the card open? I tried using it at a doctor's office and they didn't accept it. Is there a way to use it online, maybe make a small purchase like vitamins, etc? I need to make a purchase within the next couple of months to keep it open.

When you say "occasional" do you mean once per month? It's not a matter of keeping it open; it's a matter of having it post to the AU's credit reports.

The TL companies advise making a small charge every month. The credit card companies don't report to the reporting bureaus if there is no balance, so it won't help the AU's score.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on June 01, 2022, 05:21:57 PM
Interesting @frugalnacho

So anything at Walgreens works in your experience?

If so, it might be an easy trick to print a photo for pickup.  Quick and easy.

Just make sure it's at least $5 to be on the safe side. Some credit card companies forgive small balances. (I've heard $1 and $1.99, but always charge at least $5 on each card each month.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on June 01, 2022, 05:44:05 PM
I got an “Authorized user not added, the information you entered is not correct, contact our customer service dept asap…” when I tried to add my most recent AU for my Barclays card.

Is this the kind of message you get when you reach your max AU limit, or just a glitch for whatever reason when I tried to add them? I tried an hour later and got the same message (and I am sure I answered the challenge questions correctly).
Well, I was able to add 2 more AUs since this rejection, but just got another fail, so I could be at the limit? We’ll see if it’s just a glitch again or permanent this time. I have had 37 AUs total added to this card so far.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 01, 2022, 07:10:40 PM
Interesting @frugalnacho

So anything at Walgreens works in your experience?

If so, it might be an easy trick to print a photo for pickup.  Quick and easy.

So far.  I've used it at the pharmacy.  I also used it at the regular front register, and yeah it just seems to work like a credit card.  I don't know how they would be able to differentiate between different types of items anyway.  I was originally worried about that since it's supposed to be for doctors or health stuff, but I think they just have a merchant agreement with walgreens similar to how visa or MC would and you could just charge anything from the store. I've bought stamps, candy, OTC medication, and photos so far, and just used it as a credit card with no problems.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 01, 2022, 07:28:36 PM
For those who have Care Credit: how do you make occasional purchases to keep the card open? I tried using it at a doctor's office and they didn't accept it. Is there a way to use it online, maybe make a small purchase like vitamins, etc? I need to make a purchase within the next couple of months to keep it open.

When you say "occasional" do you mean once per month? It's not a matter of keeping it open; it's a matter of having it post to the AU's credit reports.

The TL companies advise making a small charge every month. The credit card companies don't report to the reporting bureaus if there is no balance, so it won't help the AU's score.

My care credit card was for my wife's Lasik surgery.  They offered her 0% financing for two years, which turned out to just be a care credit card. $3,750 total charge, and a $6,000 limit. We scheduled our monthly payment and tossed it in the junk drawer with no intention of ever using it again.  It then sat idle with no balance for 11 months.  When the old company announced they were going to accept care credit I contacted care credit and requested a limit increase which was immediately granted for $16,000, and I started putting a single charge on it per month at walgreens.  It's been in constant use with 2 AU on it at all times for the last 8 months.

I also never call in to add or remove AU, I just use the online chat.  They occasionally have a ridiculous verification process where they have to send my wife an email, and she has to open a third party website from the secure link they sent and she has to take a 10 second video of her face, and after she submits it she gets a verification code which I then relay to the online chat person.  A bit of a pain in the ass when they do that, but otherwise super easy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SusieStache on June 02, 2022, 01:15:19 PM
What are people's experience with TD Bank and/or NFCU for selling tradelines? Want to expand out a bit to some different cards to season. Just got a new Barclaycard. Still under 5/24 as I've mostly been opening biz cards the last couple years. Looking for a card that's as easy as Barclays and Cap One for adding/removing tradelines.

I've been selling tradelines on my NFCU card since September 2019, with the old tradeline company. 

I opened the NFCU account several years ago to take advantage of a 0% offer.  At the time, dh and I had a mortgage with them.  They gave me a sweet credit line of $30k. 

My tradeline sales with NFCU have been fairly steady, not quite a good as CapOne, but close.  I add AU's online and send a secure message to remove.  The only issue I've had was trying to add an AU who is already an NFCU member - NFCU asked for the member number and I contacted tradeline support, who canceled the order.  This has happened twice.  The second time, I just let the tradeline company know that I was unable to add the AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 02, 2022, 01:31:43 PM
Interesting @frugalnacho

So anything at Walgreens works in your experience?

If so, it might be an easy trick to print a photo for pickup.  Quick and easy.

So far.  I've used it at the pharmacy.  I also used it at the regular front register, and yeah it just seems to work like a credit card.  I don't know how they would be able to differentiate between different types of items anyway.  I was originally worried about that since it's supposed to be for doctors or health stuff, but I think they just have a merchant agreement with walgreens similar to how visa or MC would and you could just charge anything from the store. I've bought stamps, candy, OTC medication, and photos so far, and just used it as a credit card with no problems.

Thanks for the great details!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on June 02, 2022, 09:08:39 PM
I have a Chase enrolled to old company. I get two adds like clock work every 4 months, add them online and haven’t had an issue.
I had two adds this past month and added them as usual. I received an email from old company asking if I added them. I received their cards, I carried a balance larger than $10.
Chase account in good standing, didn’t get shut down.
Not sure what happened with these last two adds.
Anyone else have a similar issue?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 02, 2022, 09:14:41 PM
I don't sell TL on my chase cards but I've had similar issues with citi, discover, and amex.  Everything done correctly, but mysteriously an occasional AU won't post properly. My cases were just flukes though as future AU post fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 02, 2022, 09:44:45 PM
I have a Chase enrolled to old company. I get two adds like clock work every 4 months, add them online and haven’t had an issue.
I had two adds this past month and added them as usual. I received an email from old company asking if I added them. I received their cards, I carried a balance larger than $10.
Chase account in good standing, didn’t get shut down.
Not sure what happened with these last two adds.
Anyone else have a similar issue?

Some possible ideas:

1.  Did you add them before the statement closing date?  (I'd say by 6pm the night before at the latest.  Adding on the statement closing date is too late.)
2.  Did you have a balance as of the statement closing date?  (Check your statement to be sure.)
3.  Did you 100% get the AU details right - including name, DOB, SSN, address?  (I always copy/paste when I can, and double check every entry.)

IIRC I've only had 1 AU not post when I did everything correctly.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on June 03, 2022, 09:32:32 AM
After a long dry spell, I just sold all three slots on my Barclays Card - $175 each with the old company. I was starting to look at another tradeline company since prior to this I'd only had one sale in about 7 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Bawlin92 on June 04, 2022, 09:21:17 AM
Long dry spell with the old company. No new adds in 6 months. I imagine this is partly due to the state/direction of the economy, mortgage apps way down etc. But also wondering if I reduced the CLs on my tradeline cards if that would get more spots to sell. I intentionally tried to max CLs for higher commissions, but if they don't sell what's the point?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: mattpew on June 05, 2022, 11:27:19 PM
Wow, very long thread with lots of info :) Had a few questions on the current state of this hustle:

1) I see old company opened enrollment for cards in the second half of last year, received an overwhelming amount of responses, and hasn't sent out anything else since.  Has the supply-side become saturated?  Is it still possible to net 20-40k year as the OP mentioned was the case back in 2016?

2) The commission schedule outlined in the last announcement was peanuts for cards <2 years old (~25-$50 per) to the point where it doesn't even seem worth it to risk a lifetime shutdown.  Is there anyway to make solid money on these as someone who's only been churning for a few years, or is it mostly a hustle for the seasoned vets here with many accounts open >10 years?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 06, 2022, 06:58:21 AM
Wow, very long thread with lots of info :) Had a few questions on the current state of this hustle:

1) I see old company opened enrollment for cards in the second half of last year, received an overwhelming amount of responses, and hasn't sent out anything else since.  Has the supply-side become saturated?  Is it still possible to net 20-40k year as the OP mentioned was the case back in 2016?

2) The commission schedule outlined in the last announcement was peanuts for cards <2 years old (~25-$50 per) to the point where it doesn't even seem worth it to risk a lifetime shutdown.  Is there anyway to make solid money on these as someone who's only been churning for a few years, or is it mostly a hustle for the seasoned vets here with many accounts open >10 years?

1.  Supply is increasing, definitely.  Hard to tell if the demand side is increasing as well.  I doubt very many people net the $20K to $40K - I viewed those numbers as a theoretical SWAG.  Perhaps @ARS earned close to that if you included referral income.  I also doubt the heavy hitters would be likely to lay out their net earnings publicly.  But I think some have mentioned high four figures annually, and the hourly rate once one has a system in place makes it a very nice side gig.

2.  I personally choose to season cards for two years before enrolling them.  If a card has X slots lifetime, I figure I'd rather sell those slots at $150 per slot than $25/$50.  But with old company at least, the price per card is the same for a 2 year old card as it is a 10 year old card.

I think someone with a few cards that are a few years old can do this, it will just take effort seasoning new and larger lines over time to grow their piggybacking income.  Obviously someone with more, larger, and older lines will earn more.

Also, and I think @ARS mentioned this in the original post, I only piggyback on cards and with companies that I'm 100% willing to receive a lifetime ban.  With 21 CCs across 16 issuers and really only needing one or two for personal use, I wouldn't mind the simplification if it weren't for the piggybacking income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 06, 2022, 08:17:09 AM
Wow, very long thread with lots of info :) Had a few questions on the current state of this hustle:

1) I see old company opened enrollment for cards in the second half of last year, received an overwhelming amount of responses, and hasn't sent out anything else since.  Has the supply-side become saturated?  Is it still possible to net 20-40k year as the OP mentioned was the case back in 2016?

2) The commission schedule outlined in the last announcement was peanuts for cards <2 years old (~25-$50 per) to the point where it doesn't even seem worth it to risk a lifetime shutdown.  Is there anyway to make solid money on these as someone who's only been churning for a few years, or is it mostly a hustle for the seasoned vets here with many accounts open >10 years?
I think @secondcor521 summed it up pretty well. I just wanted to add that I personally don't view this as "solid money." More just a side hustle to earn a little extra where the amount I earn can and does vary widely. Dry spells, cards getting shut down, etc. In other words I don't rely on the money. I treat all my side hustles that way with exception of my actual business.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on June 06, 2022, 10:25:24 AM
How do you all get CL increases on new cards? I have a few with sub-$10k limits (e.g., $6k or $4k) that I've tried to get increased without success. In the past, I've had low utilization on the cards in question (which I think was cited reason for the denials), so I've now run up one card to about 50% and plan to call and ask for an increase. Does threatening to close the card help? I think I'll close it anyway if they refuse...maybe the decrease in total credit will make it easier to get other CL increased?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on June 06, 2022, 11:27:07 AM
How do you all get CL increases on new cards? I have a few with sub-$10k limits (e.g., $6k or $4k) that I've tried to get increased without success. In the past, I've had low utilization on the cards in question (which I think was cited reason for the denials), so I've now run up one card to about 50% and plan to call and ask for an increase. Does threatening to close the card help? I think I'll close it anyway if they refuse...maybe the decrease in total credit will make it easier to get other CL increased?

Having some utilization on the card and saying I had some big purchases coming up and didn't want my utilization to go too high. Obviously if you're trying to keep it under 10-15% for TL sales the former won't really work. Also, if your household income goes up that can be enough to get a CL increase approved. It depends on if it's an automated process or you talk to a real person.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on June 06, 2022, 06:28:41 PM
How do you all get CL increases on new cards? I have a few with sub-$10k limits (e.g., $6k or $4k) that I've tried to get increased without success. In the past, I've had low utilization on the cards in question (which I think was cited reason for the denials), so I've now run up one card to about 50% and plan to call and ask for an increase. Does threatening to close the card help? I think I'll close it anyway if they refuse...maybe the decrease in total credit will make it easier to get other CL increased?

I don't have any way to verify this, but anecdotally i have noticed that I have received higher initial limits when I've opened a bank's "premium" cards. These are the ones that generally will have annual fees. If possible, try to find those that can be downgraded or product changed later on to a card without an annual fee. I've done this and been able to keep the original limit.

Another way to approach this is to work with cards from a bank that is agreeable to reallocating your credit limits. You would then be able to get to higher limits by combining them onto a card that you want a higher limit for. For cards that I regularly use and don't want to sell TLs on, i will request limit increases on them because they have regular activity on them, then I will transfer the excess credit that I don't need onto a card that I am solely selling tradelines on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 07, 2022, 02:39:43 PM
MoneyTree is correct.  Look for "visa signature".  Many come without an annual fee too.

It also helps if you get one of those to boost CL's on new cards opened AFTER that one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 08, 2022, 05:21:41 AM
Welp, just ran up against the AU limit on my Barclaycard. I knew it was approaching. Time to transfer the CL to my other card and close it out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dizzy on June 08, 2022, 11:30:40 AM
Hey all,

Looking to get my next card for tradeline sales.  Maybe bizarre for a churner but one card I'm looking at is the FNBO Best Western.
My current company doesn't accept FNBO tho.  Do any of the other companies let you sell FNBO tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 08, 2022, 02:46:13 PM
Hey all,

Looking to get my next card for tradeline sales.  Maybe bizarre for a churner but one card I'm looking at is the FNBO Best Western.
My current company doesn't accept FNBO tho.  Do any of the other companies let you sell FNBO tradelines?

According to my notes, neither of the companies recommended on this thread (Old Company and New Company) accept FNBO.  For others TL companies, I suppose you would have to call and ask specifically.

As a side comment, what I personally have chosen to do is pick a TL company and then choose to apply for CCs that they work with, not the other way around.  In my experience, the piggybacking income beats any actual CC bonuses and also usually beats SUBs in the long run.  Although if you can get a SUB on a card then piggyback on it later, that's the sweet spot IMHO.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on June 08, 2022, 04:27:59 PM
Hey all,

Looking to get my next card for tradeline sales.  Maybe bizarre for a churner but one card I'm looking at is the FNBO Best Western.
My current company doesn't accept FNBO tho.  Do any of the other companies let you sell FNBO tradelines?

According to my notes, neither of the companies recommended on this thread (Old Company and New Company) accept FNBO.  For others TL companies, I suppose you would have to call and ask specifically.

As a side comment, what I personally have chosen to do is pick a TL company and then choose to apply for CCs that they work with, not the other way around.  In my experience, the piggybacking income beats any actual CC bonuses and also usually beats SUBs in the long run.  Although if you can get a SUB on a card then piggyback on it later, that's the sweet spot IMHO.

Agreed. I'd pick a card based on my ability to sell tradelines first, and then only consider sign up bonuses and other card perks after. That said, most of the banks that these TL companies sell have a lot of card options with at least some signup bonus, so there's no lack of cards that will get you both.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 10, 2022, 03:03:50 PM
It seems I've been getting some pretty regular adds from the "new" company.  Sigh.  Do they ever actually pay without sending Cliff 10 emails, then copying Joe?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 10, 2022, 03:10:39 PM
It seems I've been getting some pretty regular adds from the "new" company.  Sigh.  Do they ever actually pay without sending Cliff 10 emails, then copying Joe?

Not in my experience with them, which included 42 AUs over a 2.5 year time period.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 10, 2022, 03:21:04 PM
It seems I've been getting some pretty regular adds from the "new" company.  Sigh.  Do they ever actually pay without sending Cliff 10 emails, then copying Joe?

Not in my experience with them, which included 42 AUs over a 2.5 year time period.

I pulled my cards from new company over two years ago. I don't know why anyone wouldn't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 10, 2022, 04:09:22 PM
It seems I've been getting some pretty regular adds from the "new" company.  Sigh.  Do they ever actually pay without sending Cliff 10 emails, then copying Joe?

Not in my experience with them, which included 42 AUs over a 2.5 year time period.

I pulled my cards from new company over two years ago. I don't know why anyone wouldn't.

Likewise, which is why I wrote in the past tense.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on June 10, 2022, 04:11:10 PM
It seems I've been getting some pretty regular adds from the "new" company.  Sigh.  Do they ever actually pay without sending Cliff 10 emails, then copying Joe?

Never once got paid without sending multiple emails. I'm convinced they do this intentionally and hope some people forget or give up chasing down their payments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on June 10, 2022, 06:48:07 PM
It seems I've been getting some pretty regular adds from the "new" company.  Sigh.  Do they ever actually pay without sending Cliff 10 emails, then copying Joe?

Not in my experience with them, which included 42 AUs over a 2.5 year time period.

I pulled my cards from new company over two years ago. I don't know why anyone wouldn't.

I stay with them because they sell spots on my cards. The other company doesn't max out my cards.

Twice a year, I email Clif with a list of AU's initials that I'm expecting payments on. The first email usually doesn't get a response. So a week or two later, I resend it and that usually prompts a payment. Yeah, it's not as smooth as the other company but it's income that the other company isn't generating for me. 2 extra emails to earn $1,000+...yeah, I'll do that.

Now if the other company were selling all (or most) of the available spots, it'd be a different decision.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on June 10, 2022, 06:49:48 PM
Agree with all of the above. It's beyond frustrating, and seems much more likely intentional than incompetence, which is awful.

That being said, the rest of the business runs smoothly and I still use them for cards Old Company won't take.

But vastly prefer the other option.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on June 11, 2022, 06:00:44 AM
I pulled all my cards from the new company. Stayed with them for a few years hoping they would fix the payment issue but obviously that didn't happen. I only sold a few slots a year so it really isn't a big loss.

Anyone who is still with them should also be aware that they under paid me twice. I keep diligent records so I know what I am supposed to receive. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SilverAg47 on June 11, 2022, 08:30:29 AM
I have also mainly switched everything over from the New Company over to the Old Company due to the hassle of actually getting paid, but I do have a few left there.  Does anyone know if the New Company has the same strict policy of 10% or less utilization at statement cut date?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Bibimbap on June 14, 2022, 03:20:42 PM
What's the latest situation with Barclays?  This is my first Barclays AU add and I'm instructed (by the new company) to call in to add because there is no way to provide SSN online. Is this necessary? I'm away and can't call in.

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on June 14, 2022, 03:26:30 PM
I never call for Barclays. I do it online and add the name, DOB and address and it's always posted fine for me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Bibimbap on June 14, 2022, 04:18:34 PM
I never call for Barclays. I do it online and add the name, DOB and address and it's always posted fine for me.
Thank you!
The TL company doesn't matter, right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 14, 2022, 04:37:45 PM
I never call for Barclays. I do it online and add the name, DOB and address and it's always posted fine for me.
Thank you!
The TL company doesn't matter, right?

For posting, no.  For getting paid, probably.  For getting your card shut down, maybe.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on June 14, 2022, 06:32:47 PM
I just had my first non-posting for an Amex AU with Old company. I added her back in April, activated the card with her soc number when it arrived. No idea why it didn't ever post!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 15, 2022, 12:03:32 PM
I just had my first non-posting for an Amex AU with Old company. I added her back in April, activated the card with her soc number when it arrived. No idea why it didn't ever post!

I have had 2 with same company.  1 was rejected by AMEX outright.  The second worked but I was unable to activate the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 17, 2022, 09:15:04 AM
I've had some pretty regular AUs on my last remaining card with the new company.  For fun (yah...fun), I went through the last year and have not been paid a cent.  I sent in a message asking when they'll pay me.  I'll give it a month, see if they ignore me like last time, then PM Joe.  I think when the old company opens up cards again, I'll bring that last card over.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on June 17, 2022, 11:13:23 AM
I just had my first non-posting for an Amex AU with Old company. I added her back in April, activated the card with her soc number when it arrived. No idea why it didn't ever post!

Amex is spotty.  I've had a couple not post.  I've also had some issues where I am unable to proceed and fully activate the card because they required a new phone number be used to sign up for a new account, and I couldn't use my number because it was already associate with my account.  It seems like every time I get an AU on amex it's a slightly different process to fully activate the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on June 17, 2022, 11:36:45 AM
I have personally had BofA shut me down, and am very aware of Discover & Chase being super sensitive to AU churning.  However, other than those 3 banks, I have seen very few repeat stories of shutdowns.  Are you guys aware of any other banks that are sensitive to high velocity AU churning? 

More specifically, does anyone have experience with Fidelity/Elan cards getting shutdown & Elan's general sensitivity to churning AUs?  I saw 1 specific post here about the unfortunate soul who was shutdown by Elan on their first AU due to an operational error, but it seems like that's the only occurrence. 

To be clear, I'm trying to make a list of banks/cards that I can list on more than 1 AU platform.  I've been churning USBank pretty hard, and assume the Fidelity card should be safe too given Elan is part of USBank.  Looks like Barclays is also pretty safe, and I just started double-listing it. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 17, 2022, 11:57:25 AM
I lost an Elan card to AU churning. It was years ago so I don't remember the details. But it was an active card, lots of AUs, eventually they got tired of it.

From the AU's perspective, though, I believe it was a good card, always posted, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on June 17, 2022, 12:00:23 PM
I lost an Elan card to AU churning. It was years ago so I don't remember the details. But it was an active card, lots of AUs, eventually they got tired of it.

From the AU's perspective, though, I believe it was a good card, always posted, etc.

RIP.  Thanks for the datapoint.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 17, 2022, 12:01:34 PM
I have personally had BofA shut me down, and am very aware of Discover & Chase being super sensitive to AU churning.  However, other than those 3 banks, I have seen very few repeat stories of shutdowns.  Are you guys aware of any other banks that are sensitive to high velocity AU churning? 

More specifically, does anyone have experience with Fidelity/Elan cards getting shutdown & Elan's general sensitivity to churning AUs?  I saw 1 specific post here about the unfortunate soul who was shutdown by Elan on their first AU due to an operational error, but it seems like that's the only occurrence. 

To be clear, I'm trying to make a list of banks/cards that I can list on more than 1 AU platform.  I've been churning USBank pretty hard, and assume the Fidelity card should be safe too given Elan is part of USBank.  Looks like Barclays is also pretty safe, and I just started double-listing it.

USBank shut down two of my cards for piggybacking in summer 2020.  I detailed my experience here on this thread or perhaps it was the original one.  I have two replacement USBank cards seasoning.

I've had a number of AUs on BofA and Chase, and so far no issues.  Knock on wood.

Honestly I think someone in some back office somewhere just has a tickler to go cancel piggybackers' cards periodically.  They run a query asking for cardholders with either different last names, or lots of AUs lifetime, or lots of AUs currently.  Then they either mass auto-cancel or some credit analyst looks at each situation.  That's how I imagine it works, anyway.
 I maintain a low profile and minimize my risks, but if any of them look at my AU history it's blatantly obvious; if they decide to cancel me that's their prerogative.

If you're using TL companies, they might blacklist you if they find out or figure out you're double listing cards.  If you're just listing them yourself, then you're probably fine, although obviously you might run into scheduling issues if you happen to oversell your slots.  Doing it yourself is also a bit riskier in that you won't know as soon (a) if CC companies are clamping down, and (b) whether CC companies are changing their practices, limits, etc. around AUs.

USBank and Elan are two different companies, although I think the former might own part of the latter.  Anyway, there's no reason to think that their policies or risk management are in any way related AFAIK.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on June 17, 2022, 12:15:03 PM
I ran into trouble once with USBank tradelines (which I had posted before). One day their fraud dept called me and asked about a specific AU. I believe, though it’s just a guess in my part, that that AU tried to apply for another card or other service from US Bank. Anyway, he was for some reason on their radar, and when the fraud dept agent looked at my account, they didn’t like seeing all those other AUs on my account (I think I had 6 at the time). I had to cancel all my AUs and promise not to do that again to keep my account.

About a year after that, to test the waters, I added my stepson as an AU to that account (hey, a legitimate AU!!!).
There were no issues with that, so I eventually added 2 slots on old company and so far have not had any problems. So while they did not outright cancel me, it has not been without issues with USBank, but they did appear to “forgive” me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on June 17, 2022, 12:55:27 PM
I ran into trouble once with USBank tradelines (which I had posted before). One day their fraud dept called me and asked about a specific AU. I believe, though it’s just a guess in my part, that that AU tried to apply for another card or other service from US Bank. Anyway, he was for some reason on their radar, and when the fraud dept agent looked at my account, they didn’t like seeing all those other AUs on my account (I think I had 6 at the time). I had to cancel all my AUs and promise not to do that again to keep my account.

About a year after that, to test the waters, I added my stepson as an AU to that account (hey, a legitimate AU!!!).
There were no issues with that, so I eventually added 2 slots on old company and so far have not had any problems. So while they did not outright cancel me, it has not been without issues with USBank, but they did appear to “forgive” me.

6 at once is pretty aggressive.  Were you using 3 different AU platforms?  or did you just forget to remove people? 

Im a big fan of both USBank and Elan, because they let me cancel via secure message, hah.  So fast/easy. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on June 17, 2022, 01:03:55 PM

6 at once is pretty aggressive.  Were you using 3 different AU platforms?  or did you just forget to remove people? 

Im a big fan of both USBank and Elan, because they let me cancel via secure message, hah.  So fast/easy.
It was from one Tradeline company (not old or new company), in their experience 6 AU’s at a time we’re ok. These were added over the course of a couple months (for 3 month terms).

I now just have 2 slots on old company. Always fill them. I might drop off my stepson and add a 3rd slot.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 17, 2022, 01:26:47 PM
Fidelity / elan shut me down in 2020.  I posted about it at the time.  They cited AU activity as I recall in their letter.  Looks like I had added about 20 over a 2 year period before getting shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on June 21, 2022, 10:17:37 AM
I know I have heard that when Chase shuts down and AU card, they shut down all of your cards.

But what about Capital One, Barclays and BOA?   Do any/all of these cards just shut down the AU card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Fireball on June 21, 2022, 01:53:57 PM
I know I have heard that when Chase shuts down and AU card, they shut down all of your cards.

But what about Capital One, Barclays and BOA?   Do any/all of these cards just shut down the AU card?

Had Capital One shut me down a few years ago. Completely closed the account. I called to try to reinstate it once I found out and their CSR told me they didn't want to be associated with someone who sold their tradelines(I denied it).  lol
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 21, 2022, 02:45:22 PM
I know I have heard that when Chase shuts down and AU card, they shut down all of your cards.

But what about Capital One, Barclays and BOA?   Do any/all of these cards just shut down the AU card?

I don't think I've seen any data points one way or the other.  But the lack of data points makes me think they only shut down the AU card(s).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 21, 2022, 07:01:22 PM
My TL orders stopped completely since early June, approximately when everybody started to panic about an upcoming recession, high inflation and rising interest rates. I wonder if that's related. Maybe less people applying for car loans and mortgages so less demand for TLs?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on June 21, 2022, 08:04:35 PM
My TL orders stopped completely since early June, approximately when everybody started to panic about an upcoming recession, high inflation and rising interest rates. I wonder if that's related. Maybe less people applying for car loans and mortgages so less demand for TLs?
Still going relatively strong.  5 new adds this month.  Have 22 slots listed with leslie and only 7 slots open on them as of today.  4 of those 7 available slots are on new cards that I just added to the platform and havent reached their first billing date yet. 

Pretty good for a so-called recession & rates going to the moon.   

I was also able to list a few cards that the referred platforms wouldnt take with a competitor, and they surprised me with 2 sales in the first week (last week). 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 21, 2022, 08:29:14 PM
My TL orders stopped completely since early June, approximately when everybody started to panic about an upcoming recession, high inflation and rising interest rates. I wonder if that's related. Maybe less people applying for car loans and mortgages so less demand for TLs?

After doing this for several years, it seems variable to me with no particular rhyme or reason.  I have good months and bad months, but it seems to average out so I'm able to approximately predict how much I'll earn each year.  Historically June seems to be above average for me, but I have no idea why.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 22, 2022, 04:59:30 PM
I know I have heard that when Chase shuts down and AU card, they shut down all of your cards.

But what about Capital One, Barclays and BOA?   Do any/all of these cards just shut down the AU card?

BoA shut down all my cards (4) at once.  BAM, the end.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 22, 2022, 05:03:44 PM
I know I have heard that when Chase shuts down and AU card, they shut down all of your cards.

But what about Capital One, Barclays and BOA?   Do any/all of these cards just shut down the AU card?

BoA shut down all my cards (4) at once.  BAM, the end.

Were you selling on all four, or a subset?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on June 22, 2022, 06:41:34 PM
I enrolled two newer cards (less than 2 years old) with a different company (neither the old or the new) and just got my first sale today. Hopefully it's a smooth process getting paid. So far it seems pretty good.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on June 23, 2022, 01:26:21 AM
My TL orders stopped completely since early June, approximately when everybody started to panic about an upcoming recession, high inflation and rising interest rates. I wonder if that's related. Maybe less people applying for car loans and mortgages so less demand for TLs?
Still going relatively strong.  5 new adds this month.  Have 22 slots listed with leslie and only 7 slots open on them as of today.  4 of those 7 available slots are on new cards that I just added to the platform and havent reached their first billing date yet.

Pretty good for a so-called recession & rates going to the moon.   

I was also able to list a few cards that the referred platforms wouldnt take with a competitor, and they surprised me with 2 sales in the first week (last week).

Is the old company enrolling new cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 23, 2022, 03:01:49 PM
I know I have heard that when Chase shuts down and AU card, they shut down all of your cards.

But what about Capital One, Barclays and BOA?   Do any/all of these cards just shut down the AU card?

BoA shut down all my cards (4) at once.  BAM, the end.

Were you selling on all four, or a subset?


I had my first sale on each of 3.  I activated all the AUs and put small purchases on each.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on June 24, 2022, 01:31:07 PM
Anyone here by chance have a Gap credit card? They were previously serviced by Synchrony and recently switched over to Barclays... anyone know in these situations if the card/account would still be considered "seasoned" enough to proceed with adding AUs ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 24, 2022, 02:10:17 PM
Anyone here by chance have a Gap credit card? They were previously serviced by Synchrony and recently switched over to Barclays... anyone know in these situations if the card/account would still be considered "seasoned" enough to proceed with adding AUs ?

No experience with this specific card but if you check your credit history using Credit Karma or something similar, you can see the age of all your cards. If the age doesn't change for this one (it usually doesn't in this case), you can use it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on June 24, 2022, 02:47:12 PM
Anyone here by chance have a Gap credit card? They were previously serviced by Synchrony and recently switched over to Barclays... anyone know in these situations if the card/account would still be considered "seasoned" enough to proceed with adding AUs ?

No experience with this specific card but if you check your credit history using Credit Karma or something similar, you can see the age of all your cards. If the age doesn't change for this one (it usually doesn't in this case), you can use it.


This is my wife's card and it shows 13~yrs but is associated with the old bank (Synchrony) so not sure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on June 24, 2022, 03:08:33 PM
On a related note: are there any 'strategies' or methods for successfully getting a credit limit increase? Particularly in the case of Barclays and when they ask you how much more you'd like to add? My own Barclays I've got $5k on but I'm still in the seasoning period. I may have jumped the gun with my wife's Gap (Barclays now) as I requested $10k on a whim... her limit is currently $4800.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 24, 2022, 03:20:45 PM
On a related note: are there any 'strategies' or methods for successfully getting a credit limit increase? Particularly in the case of Barclays and when they ask you how much more you'd like to add? My own Barclays I've got $5k on but I'm still in the seasoning period. I may have jumped the gun with my wife's Gap (Barclays now) as I requested $10k on a whim... her limit is currently $4800.

Several have been mentioned on this thread.  The easiest way to find them is to click on the "print" button on this thread and then search for "CL increase" and similar terms.  I've shared my thoughts here a few times, as have several others.  I think all of the main strategies have been mentioned at one time or another.

As to your specific question, if an issuer asks me that question, I always answer with a very large number - perhaps twice the CL I think they will give me.  They'll usually just review your inputs and then give you the max they can.

I don't think Barclays is special in any way with respect to CL increases.  They'll look at credit score, HHI, how much you spend on the card, how old the card is, that sort of stuff.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 24, 2022, 06:29:37 PM
This is my wife's card and it shows 13~yrs but is associated with the old bank (Synchrony) so not sure.

It takes awhile for credit reports to update. Maybe check again after the statement date.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on June 24, 2022, 08:20:01 PM
On a related note: are there any 'strategies' or methods for successfully getting a credit limit increase? Particularly in the case of Barclays and when they ask you how much more you'd like to add? My own Barclays I've got $5k on but I'm still in the seasoning period. I may have jumped the gun with my wife's Gap (Barclays now) as I requested $10k on a whim... her limit is currently $4800.

I find this information helpful

https://www.doctorofcredit.com/maximize-your-credit-limits-for-the-citi-gold-deal/ (https://www.doctorofcredit.com/maximize-your-credit-limits-for-the-citi-gold-deal/)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on June 25, 2022, 09:56:17 AM
Well, holy moly. I just tried to increase the credit limit on one of my Barclay Cards. They have an online process for this, but it came back with "An error occurred while processing your request. We apologize for any inconvenience." Then it said I could call a phone number for customer service and gave the same number on the back of my credit card.

This is where things get super sketch.

The customer service rep who answered asked me the normal questions (last four digits of card, last for digits of social, birthdate.) Then, though, he said he would not be able to assist with a credit line increase request himself, and that I needed to call another number for that. Ok, fine, I was half expecting that, and it was an 800 number. I wrote the number down and repeated it back to him to make sure I had recorded it correctly so I could call after hanging up.

This is where things get super sketch:
I called that new number, and the computer voice asked me if I was interested in a special offer to press one if I was over 50. Well, that's not normal. Huge red flag. So I pressed 1. And the new rep that answered went into this bizarre hard sell for a "medic alert bracelet."

Okay, well that's clearly fraud. I hanged up and dialed again to make sure I hadn't made a typo in dialing.

I hanged up again and called the number on my card to report it to their fraud department. Seems obvious that they have at least one corrupt customer service agent, if not an entire subcontract call center that is just a front for a scam call center.

Sheesh.



Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on June 25, 2022, 03:40:49 PM
Well, holy moly. I just tried to increase the credit limit on one of my Barclay Cards. They have an online process for this, but it came back with "An error occurred while processing your request. We apologize for any inconvenience." Then it said I could call a phone number for customer service and gave the same number on the back of my credit card.

This is where things get super sketch.

The customer service rep who answered asked me the normal questions (last four digits of card, last for digits of social, birthdate.) Then, though, he said he would not be able to assist with a credit line increase request himself, and that I needed to call another number for that. Ok, fine, I was half expecting that, and it was an 800 number. I wrote the number down and repeated it back to him to make sure I had recorded it correctly so I could call after hanging up.

This is where things get super sketch:
I called that new number, and the computer voice asked me if I was interested in a special offer to press one if I was over 50. Well, that's not normal. Huge red flag. So I pressed 1. And the new rep that answered went into this bizarre hard sell for a "medic alert bracelet."

Okay, well that's clearly fraud. I hanged up and dialed again to make sure I hadn't made a typo in dialing.

I hanged up again and called the number on my card to report it to their fraud department. Seems obvious that they have at least one corrupt customer service agent, if not an entire subcontract call center that is just a front for a scam call center.

Sheesh.

OMG that's super shady! And quite surprising too.... did you try calling back once more to see who you would talk to and if they gave you that same runaround (and fake #) btw?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on June 25, 2022, 04:30:54 PM
I did call again to the number on the back of my card. Of course I got a different rep, still sounded like in the same country (from accent I'd guess India?) This time I simply asked to speak to a supervisor in the US. I was connected and she seemed legit. I outlined what happened to her and she is sending it to their fraud department. She said they have recordings of all of the calls and will review them.

While I was talking with her I verified in my mobile phone outgoing log that all of the numbers I had dialed were correctly dialed.

Anyway, just wanted to post here since many of us have Barclay cards and since many of us call into customer service lines fairly regularly to either add or remove AU's or to go through the credit line increase request process. I suspect Barclays will stamp it out, and hopefully they will up their game on the vetting process for their call centers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on July 01, 2022, 09:43:45 AM
My experience with Barclays is that your best bet for CL is when you get the initial card OR if you spend (which you wouldn't be doing if you're selling for TL) When I've talked to a rep before they asked me why I wanted a CL when I wasn't really using the card.

Better to add another one and move the limits around, just in my experience.  YMMV
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 05, 2022, 04:13:49 PM
AMEX tip / data point:

When the card arrives and they ask you to activate it, there is a URL they provide.  When I went to that URL, AMEX started asking me for the AU's full SSN and possibly some other info I didn't have.

There is also a QR code on the paper to which the card is affixed.  When I went to that URL via my cell phone's QR reader, it was a similar AMEX login page, but it knew about me and the AU, and, in a clunky way, reflected that the AU's card was activated.

Point being, the QR code lets you avoid having to get the AU's SSN and ID and stuff.  At least this one time, for me, it worked that way; I know people have been reporting a variety of AMEX AU behaviors here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on July 13, 2022, 03:51:44 PM
For Navy Federal, do you all use your address or call in and add an address? I do not see an address field in the online portal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 14, 2022, 12:34:16 AM
For Navy Federal, do you all use your address or call in and add an address? I do not see an address field in the online portal.

I haven't looked - my Navy Federal card is aging now - but if they ask for name/SSN/DOB, they don't need address.  In those scenarios, I just use mine.

If you use your own address for an AU, be aware of two consequences:

1.  You might get junk mail for the AU at your address.  When this happens I either shred (if junk) or "return to sender" (if first class; rare).

2.  Your address will show up on the AU's credit report.  This usually confuses the AU.  If it bothers the AU they can dispute the address off their account.  Some people might be concerned about an AU knowing where they live.  It's a bit offputting to me, but not enough to do anything about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on July 14, 2022, 08:19:59 AM

2.  Your address will show up on the AU's credit report.  This usually confuses the AU.  If it bothers the AU they can dispute the address off their account.  Some people might be concerned about an AU knowing where they live.  It's a bit offputting to me, but not enough to do anything about it.

Yeah, if I could do it over again, I’d get a local mailbox services before starting tradelines…but yeah, still not bothered enough to do that now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 14, 2022, 12:47:05 PM
AMEX tip / data point:

When the card arrives and they ask you to activate it, there is a URL they provide.  When I went to that URL, AMEX started asking me for the AU's full SSN and possibly some other info I didn't have.

There is also a QR code on the paper to which the card is affixed.  When I went to that URL via my cell phone's QR reader, it was a similar AMEX login page, but it knew about me and the AU, and, in a clunky way, reflected that the AU's card was activated.

Point being, the QR code lets you avoid having to get the AU's SSN and ID and stuff.  At least this one time, for me, it worked that way; I know people have been reporting a variety of AMEX AU behaviors here.

Good tip - thanks!

I will see if I have that option next time. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on July 14, 2022, 09:03:58 PM

2.  Your address will show up on the AU's credit report.  This usually confuses the AU.  If it bothers the AU they can dispute the address off their account.  Some people might be concerned about an AU knowing where they live.  It's a bit offputting to me, but not enough to do anything about it.

Yeah, if I could do it over again, I’d get a local mailbox services before starting tradelines…but yeah, still not bothered enough to do that now.

I actually have a PO box. The amount of junk mail was getting out of hand. BUT, Citi cant seem to delivery at the PO box so my accounts are randomly frozen. And I think Amex needs a physical home address. Besides those two banks, all the rest go to the PO box.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Bibimbap on July 18, 2022, 03:54:07 PM
Do you guys call in to add AU for Elan or do you add online?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on July 19, 2022, 12:22:57 PM
Do you guys call in to add AU for Elan or do you add online?


I used to do it online when I had that card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on July 21, 2022, 11:38:02 PM
Do you guys call in to add AU for Elan or do you add online?
Elan/Fidelity I always do online.  Have never called this in.  I also remove the AUs by sending private messages on the website. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on July 21, 2022, 11:40:19 PM
Is this the message you get from Barclays when your card is maxed out on AUs (35 lifetime limit)?

"Authorized User not added.  The information you entered is not correct."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on July 22, 2022, 10:34:20 AM
Is this the message you get from Barclays when your card is maxed out on AUs (35 lifetime limit)?

"Authorized User not added.  The information you entered is not correct."

I think the consensus is “yes”, but…I have been able to add 2 more AUs since receiving this message. I am nearing my AU limit though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on July 22, 2022, 02:23:32 PM
Is this the message you get from Barclays when your card is maxed out on AUs (35 lifetime limit)?

"Authorized User not added.  The information you entered is not correct."

I think the consensus is “yes”, but…I have been able to add 2 more AUs since receiving this message. I am nearing my AU limit though.

What resulted in your adding 2 more after getting the message? Did you just keep trying to submit the same AU repeatedly?  or did you just wait for the next AU? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on July 22, 2022, 03:49:09 PM
Is this the message you get from Barclays when your card is maxed out on AUs (35 lifetime limit)?

"Authorized User not added.  The information you entered is not correct."

I think the consensus is “yes”, but…I have been able to add 2 more AUs since receiving this message. I am nearing my AU limit though.

I just tried on the next AU, a week or two later.

What resulted in your adding 2 more after getting the message? Did you just keep trying to submit the same AU repeatedly?  or did you just wait for the next AU?

Hmm, didn’t post last time.
I just waited for the next AU, and I was able to successfully add them. As well as one more. We’ll see if the streak continues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on July 30, 2022, 06:54:07 PM
Is this the message you get from Barclays when your card is maxed out on AUs (35 lifetime limit)?

"Authorized User not added.  The information you entered is not correct."

Yep, that tradeline is done. Sorry man.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 04, 2022, 12:22:59 PM
How is the "new company" these days? Have they cleaned up their act regarding non-payments? Do you have to chase them to get paid for every TL?

I am looking to increase my TL volume and considering registering some of my cards with them. I used to work with them but stopped a few years ago because some people mentioned payment problems. I don't recall ever having those problems myself but back then I didn't have a payment tracking spreadsheet so may have missed something.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 04, 2022, 01:11:30 PM
How is the "new company" these days? Have they cleaned up their act regarding non-payments? Do you have to chase them to get paid for every TL?

I am looking to increase my TL volume and considering registering some of my cards with them. I used to work with them but stopped a few years ago because some people mentioned payment problems. I don't recall ever having those problems myself but back then I didn't have a payment tracking spreadsheet so may have missed something.

Yeah, basically the same. If you have cards that old company won't take, and it's worth the extra hassle to get paid, it's an okay second option. But I'd put any cards eligible with old company first.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: monarda on August 05, 2022, 08:35:14 AM
I just wanted to add that I get a warm and fuzzy feeling when a previous TL 'client' gets a new credit card offer sent to this address. Good on her! Glad to have helped. Must say that only one of my clients is doing great by this indicator.  (knowing that lacking one doesn't really mean anything). As I toss the junk into recycling, I say to myself, "Go <insert name>!!"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 05, 2022, 08:52:41 AM
After 3 or 4 messages and emails, Cliff responded that indeed, I haven't been paid in over a year and they owe me $xxx and I'll be paid at the next pay period, which I have no idea when that will be.  Been several weeks already.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on August 05, 2022, 09:08:49 AM
I just wanted to add that I get a warm and fuzzy feeling when a previous TL 'client' gets a new credit card offer sent to this address. Good on her! Glad to have helped. Must say that only one of my clients is doing great by this indicator.  (knowing that lacking one doesn't really mean anything). As I toss the junk into recycling, I say to myself, "Go <insert name>!!"

I had one AU that was getting new CC offers what seemed like every other day. Capital One REALLY wanted to extend her credit.

I might start writing "return to sender, not at this address" and sticking them back in the outgoing mail.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 05, 2022, 09:12:58 AM
I might start writing "return to sender, not at this address" and sticking them back in the outgoing mail.

From what I've read, that will only work if it is First Class mail.  If not, I just recycle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 05, 2022, 09:26:30 AM
I have found I have to put a stamp on the return mail or it comes right back to my address.
I do burn anything that comes to keep all private AU info confidential.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on August 05, 2022, 09:53:26 AM
I have found I have to put a stamp on the return mail or it comes right back to my address.
I do burn anything that comes to keep all private AU info confidential.

Interesting, the postal carrier delivers it back again even with "Return to Sender" written on the envelope? I've never seen that before. Maybe they just toss it in the trash at the Post Office if it comes back like that.



My tradeline notifications go to a Google Voice number so whenever I see a text from Google Voice it's a little dopamine hit as I know it's probably a tradelines sale that's going to net me $125-175.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on August 06, 2022, 11:29:44 AM
Well, holy moly. I just tried to increase the credit limit on one of my Barclay Cards. They have an online process for this, but it came back with "An error occurred while processing your request. We apologize for any inconvenience." Then it said I could call a phone number for customer service and gave the same number on the back of my credit card.

This is where things get super sketch.

The customer service rep who answered asked me the normal questions (last four digits of card, last for digits of social, birthdate.) Then, though, he said he would not be able to assist with a credit line increase request himself, and that I needed to call another number for that. Ok, fine, I was half expecting that, and it was an 800 number. I wrote the number down and repeated it back to him to make sure I had recorded it correctly so I could call after hanging up.

This is where things get super sketch:
I called that new number, and the computer voice asked me if I was interested in a special offer to press one if I was over 50. Well, that's not normal. Huge red flag. So I pressed 1. And the new rep that answered went into this bizarre hard sell for a "medic alert bracelet."

Okay, well that's clearly fraud. I hanged up and dialed again to make sure I hadn't made a typo in dialing.

I hanged up again and called the number on my card to report it to their fraud department. Seems obvious that they have at least one corrupt customer service agent, if not an entire subcontract call center that is just a front for a scam call center.

Sheesh.

I had a similar thing happen recently. I called Alaska Airlines recently to try and change a flight reservation. The options were press 1 to book a new reservation or press 2 to change a reservation. When I selected 2 the automated message said "this line is for new reservations only" and then hung up. I called back again (just hit redial on my cell phone) planning to press 1 and see if I could talk to a real person. This time I got the over 50 question and when I pressed the number for no I was immediately transferred to a call center for a medic alart bracelet (I'm not totally sure, I hunt up after about 3 seconds).

When I checked the number again (I had written it down after getting it from a legitimate Alaska representative on another line), I saw that when I wrote down the final digit my 2 looked like a 7, so I had been dialing the wrong number. I guess this is probably pretty common that these scammers find legitimate 800 numbers and then buy up a bunch of similar numbers hoping to get misdials.



On an unrelated note, what's a good Barclay's card to start aging? My current card is doing great with the old company selling 3 slots every cycle but at this rate it will hit the max in another year or two. I'm looking at the UPromise card as I think I can link it to one of the 529 plans for my kids - and $0 annual fee ($100 cash back bonus). On the other hand, will that type of card be less likely to get a nice high credit limit compared to one with a ~$100 annual fee? The annual fee is a business expense, so I'm not too concerned about it. I don't have any need for a travel card as I almost never fly or stay at a hotel and that seems to be the majority of their other cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 06, 2022, 11:49:16 AM
On an unrelated note, what's a good Barclay's card to start aging? My current card is doing great with the old company selling 3 slots every cycle but at this rate it will hit the max in another year or two. I'm looking at the UPromise card as I think I can link it to one of the 529 plans for my kids - and $0 annual fee ($100 cash back bonus). On the other hand, will that type of card be less likely to get a nice high credit limit compared to one with a ~$100 annual fee? The annual fee is a business expense, so I'm not too concerned about it. I don't have any need for a travel card as I almost never fly or stay at a hotel and that seems to be the majority of their other cards.

I'm sure people will have their preferences, but nowadays I just go to Doctor of Credit and find a card with the issuer I want (Barclays in your case) and look for the one with the sign up bonus I'm interested in.

Usually these are higher dollar, higher bonus offers because I have MS ways that work for me.  They often come with AFs, sometimes waived first year but lately not as much.  If it's waived the first year, I downgrade to a no-fee card at about the 12 month mark.  (Some will say wait for the AF to post then call to downgrade and get the AF refunded.  I understand why but I ignore that piece of advice myself.)

The AF seems to correlate with card benefits, and the CL seems to correlate with income and credit history.  Not really much interaction between the two I've seen.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on August 06, 2022, 01:26:02 PM
Well, just applied and approved for the Barclay's Upromise card. $10k credit limit to start. Last time I tried to apply I think one of my credit reports was frozen, so I had to go to the reconsideration line. I never got around to sending copies of my driver's license and some other documents they requested so my application expired.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on August 10, 2022, 06:42:42 PM
Has anyone had a card go into dormant status? I have a Discover card that I solely use for TL sales and put a $10+ balance on each month. After the statement cuts, I pay the balance. I generally sell both spots regularly with the old company. Today I received notification that neither of my AU's posted. I physically have cards for them and confirmed they are still AU's on my Discover online account. I went on Credit Karma and noticed Discover hasn't reported this card to the credit bureaus for two months. This apparently is called dormant status. Trying to figure out next steps to get the card posting again but hoping someone else has experienced this and can guide me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 10, 2022, 10:24:17 PM
Has anyone had a card go into dormant status? I have a Discover card that I solely use for TL sales and put a $10+ balance on each month. After the statement cuts, I pay the balance. I generally sell both spots regularly with the old company. Today I received notification that neither of my AU's posted. I physically have cards for them and confirmed they are still AU's on my Discover online account. I went on Credit Karma and noticed Discover hasn't reported this card to the credit bureaus for two months. This apparently is called dormant status. Trying to figure out next steps to get the card posting again but hoping someone else has experienced this and can guide me.

Usually having a statement closing balance of at least a few dollars is enough to have a card not go dormant.

Do you have statements with a balance each month?  You sound pretty confident, so I'm disinclined to think that maybe you're paying it before the statement closes.  Doing that would be a zero statement balance and that might not report to the credit bureaus.

Maybe it's a Discover thing?  I've never had what you describe happen to me with any V/MC/AMEX.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on August 12, 2022, 07:25:26 AM
My postman seems to be overzealous in not delivering mail with different names from our family.  This is OK as it eliminates a lot of the AU junk mail, but now I am not receiving some of the initial cards. That doesn’t bother me so much (I have never ever activated an AU card, and have never had a posting problem) though somewhat worried about a card out there in the wild.

But it has caused a minor problem in that Citibank temporarily locked my account because they couldn’t deliver a card, and I needed to contact customer service to “update my address “.

I got on chat, and just verified my address, and the agent unlocked the account. But I am concerned this my reoccur, and if it keeps happening, they could dig deeper and start balking at all the AU activity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on August 12, 2022, 08:50:35 AM
Has anyone had a card go into dormant status? I have a Discover card that I solely use for TL sales and put a $10+ balance on each month. After the statement cuts, I pay the balance. I generally sell both spots regularly with the old company. Today I received notification that neither of my AU's posted. I physically have cards for them and confirmed they are still AU's on my Discover online account. I went on Credit Karma and noticed Discover hasn't reported this card to the credit bureaus for two months. This apparently is called dormant status. Trying to figure out next steps to get the card posting again but hoping someone else has experienced this and can guide me.

Usually having a statement closing balance of at least a few dollars is enough to have a card not go dormant.

Do you have statements with a balance each month?  You sound pretty confident, so I'm disinclined to think that maybe you're paying it before the statement closes.  Doing that would be a zero statement balance and that might not report to the credit bureaus.

Maybe it's a Discover thing?  I've never had what you describe happen to me with any V/MC/AMEX.

I always pay after the statement cuts and the balance is always more than $10 as I know the card needs to have a statement balance for the AU sales. I've never experienced this before with Discover or any other issuer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on August 12, 2022, 08:51:52 AM
My postman seems to be overzealous in not delivering mail with different names from our family.  This is OK as it eliminates a lot of the AU junk mail, but now I am not receiving some of the initial cards. That doesn’t bother me so much (I have never ever activated an AU card, and have never had a posting problem) though somewhat worried about a card out there in the wild.

But it has caused a minor problem in that Citibank temporarily locked my account because they couldn’t deliver a card, and I needed to contact customer service to “update my address “.

I got on chat, and just verified my address, and the agent unlocked the account. But I am concerned this my reoccur, and if it keeps happening, they could dig deeper and start balking at all the AU activity.

This can be dangerous because some issuers send live cards and then you'd potentially have a live card floating out there. USPS should deliver anything addressed to your address regardless of the person's name.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on August 17, 2022, 09:26:39 AM
I've got my first AU on a Chase card. Adding online was easy enough but I don't see a way to remove them online. There's a secure messaging portal but it has limited options - none of which are relevant. Do I just need to call in or am I missing something? It's a bit hard to look back through the thread at this point with a couple thousand posts.



I just started seasoning my next Barclay's card. So easy to add and remove online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on August 17, 2022, 09:32:34 AM
I use secure messaging to remove with chase.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 17, 2022, 09:38:26 AM
I've got my first AU on a Chase card. Adding online was easy enough but I don't see a way to remove them online. There's a secure messaging portal but it has limited options - none of which are relevant. Do I just need to call in or am I missing something? It's a bit hard to look back through the thread at this point with a couple thousand posts.



I just started seasoning my next Barclay's card. So easy to add and remove online.

I also use secure messaging.  I just choose the credit card, then choose "General inquiry" or something like that, then just say "Please remove Joe Smith from my card.  Thanks."  Chase will message you back in a day or so letting you know that they've been removed.

Several banks allow online AU adds.  A few banks (Capital One, Barclays) allow online removal.  Many allow removal via secure message (Chase, US Bank).  I personally try to avoid calling in because it takes more time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 22, 2022, 11:23:37 AM
I only have one card left with the new company.  A Discover.  3 weeks ago, Cliff said I'd get paid in 3 business days.  Guess if I've been paid yet.

My discover just put up a note after taking my last AU saying that I've reached their limit and that I can't add another until December.  This is going to be my chance to simply pull out of the new company, since they're not paying anyways.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on August 22, 2022, 02:27:01 PM
Apparently one of my BofA cards I'd been letting age is transferring to Comenity bank. I think the same bank just took one of my Barclay NFL Visa cards, and if I remember right, they're not great for tradeline sales. Anyone know any different?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on August 23, 2022, 05:18:14 AM
I only have one card left with the new company.  A Discover.  3 weeks ago, Cliff said I'd get paid in 3 business days.  Guess if I've been paid yet.

My discover just put up a note after taking my last AU saying that I've reached their limit and that I can't add another until December.  This is going to be my chance to simply pull out of the new company, since they're not paying anyways.

I'll never quite understand why they blatantly refuse to fix their payout system. Perhaps they just don't care? Maybe they purposefully keep it that way hoping folks forget? I would have certainly kept cards with them if they made any sort of effort to fix what's broken. Oh well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 23, 2022, 06:49:08 AM
I only have one card left with the new company.  A Discover.  3 weeks ago, Cliff said I'd get paid in 3 business days.  Guess if I've been paid yet.

My discover just put up a note after taking my last AU saying that I've reached their limit and that I can't add another until December.  This is going to be my chance to simply pull out of the new company, since they're not paying anyways.

I'll never quite understand why they blatantly refuse to fix their payout system. Perhaps they just don't care? Maybe they purposefully keep it that way hoping folks forget? I would have certainly kept cards with them if they made any sort of effort to fix what's broken. Oh well.

I wondered as well.  I decided it could be several different reasons - indifference, incompetence, or malice.  In all three cases I didn't want to deal with them any more.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 23, 2022, 12:25:38 PM
Those who use USBank cards for TLs, can you add AUs online? I did it a few months ago but now when i try to do it online or through the app, i get a message that I need to call their number.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 23, 2022, 12:42:11 PM
Those who use USBank cards for TLs, can you add AUs online? I did it a few months ago but now when i try to do it online or through the app, i get a message that I need to call their number.

Mine are seasoning, but I just looked at the website and couldn't find a way to do it there.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on August 23, 2022, 01:41:36 PM
I was able to add a USBank user online (phone app) last month, and it still appears to work now, though I didn’t go through the whole process and add a user.

Account options-> manage card—>add a user

That message could mean there is a “problem”.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 23, 2022, 08:19:41 PM
Apparently one of my BofA cards I'd been letting age is transferring to Comenity bank. I think the same bank just took one of my Barclay NFL Visa cards, and if I remember right, they're not great for tradeline sales. Anyone know any different?

Yes, same here.  Just read on DoC web site about a bank of america card moving over to comenity.  I think it is the AAA card if I remember correctly. 

NFL card went to them a few months ago (?) as well - maybe longer.

According to the nice lady at the good company, comenity does not work well.  Hopefully, that will change.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on August 23, 2022, 08:37:05 PM
Apparently one of my BofA cards I'd been letting age is transferring to Comenity bank. I think the same bank just took one of my Barclay NFL Visa cards, and if I remember right, they're not great for tradeline sales. Anyone know any different?

Yes, same here.  Just read on DoC web site about a bank of america card moving over to comenity.  I think it is the AAA card if I remember correctly. 

NFL card went to them a few months ago (?) as well - maybe longer.

According to the nice lady at the good company, comenity does not work well.  Hopefully, that will change.

Wow, that’s a bummer. Like sitting on a 15 year Bordeaux and finding out it’s corked when you finally open it. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 25, 2022, 09:49:17 AM
Yay!  I got paid by the new company today.  Unamused in general, but money after nagging is better than no money.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 25, 2022, 10:26:16 AM
Yay!  I got paid by the new company today.  Unamused in general, but money after nagging is better than no money.

I emailed after seeing your post. It's ridiculous, and I agree with secondcor521 on the matter.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on August 25, 2022, 07:27:50 PM
Those who use USBank cards for TLs, can you add AUs online? I did it a few months ago but now when i try to do it online or through the app, i get a message that I need to call their number.

I do it online by going to "Customer Service" and selecting "Self Serve" from the pull-down menu. Then select "Add an Authorized User." 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 25, 2022, 08:36:40 PM
Those who use USBank cards for TLs, can you add AUs online? I did it a few months ago but now when i try to do it online or through the app, i get a message that I need to call their number.

I do it online by going to "Customer Service" and selecting "Self Serve" from the pull-down menu. Then select "Add an Authorized User."

I tried it multiple times on the webside and app, with VPN and without. I think they disabled that option for me maybe because I added too many AUs before
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chicagomeg on August 28, 2022, 05:30:20 PM
Went to use my CapitalOne card this weekend and it was declined. It (along with my other card which hasn't been used for tradelines) shows in the mobile app as "This card is currently restricted". My bank accounts with them seem to be operating normally. I've been selling that tradeline for about 2 years and have made over $2,000, so it's hard to be too upset about it. We'll see what happens next, but expecting the cards will be closed entirely soon.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 28, 2022, 08:11:11 PM
Went to use my CapitalOne card this weekend and it was declined. It (along with my other card which hasn't been used for tradelines) shows in the mobile app as "This card is currently restricted". My bank accounts with them seem to be operating normally. I've been selling that tradeline for about 2 years and have made over $2,000, so it's hard to be too upset about it. We'll see what happens next, but expecting the cards will be closed entirely soon.

Which TL company were you using?

Were you following all of the guidelines from the TL company?

How many AUs?

Max AUs at once?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BikeFanatic on August 28, 2022, 10:05:25 PM
I had capital one restrict me but after a while I called and they wanted to verify my AU identity, then months later I called again, and they only asked for my license and social security card. After I sent the information  They reinstated me! 

Recently they decreased my credit line from 30 k to 9k and I closed that card. I made some money off them, so no complaints.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on August 29, 2022, 06:47:32 PM
Speaking of capital one, be on the look out for email and postal mail about reducing your credit line as you are not using it.  It is a form letter & email.  There is an option to call a number and opt out of the review.  It was amazingly quick & easy!  No change, no review of credit line/usage if you opt out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chicagomeg on August 29, 2022, 07:08:57 PM
Went to use my CapitalOne card this weekend and it was declined. It (along with my other card which hasn't been used for tradelines) shows in the mobile app as "This card is currently restricted". My bank accounts with them seem to be operating normally. I've been selling that tradeline for about 2 years and have made over $2,000, so it's hard to be too upset about it. We'll see what happens next, but expecting the cards will be closed entirely soon.

Which TL company were you using?

Were you following all of the guidelines from the TL company?

How many AUs?

Max AUs at once?

Old company, yes, 14 total since I started, old company used to do 2 at once but bumped it down to just 1 sometime in the last year.

I saw some of the older posts about un-restricting the cards; glad to hear people have had success more recently. Personally I hate phone calls but I'll try to muster the energy to see what happens when I call one of these days & report back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on August 30, 2022, 05:20:03 PM
Has anyone had a card go into dormant status? I have a Discover card that I solely use for TL sales and put a $10+ balance on each month. After the statement cuts, I pay the balance. I generally sell both spots regularly with the old company. Today I received notification that neither of my AU's posted. I physically have cards for them and confirmed they are still AU's on my Discover online account. I went on Credit Karma and noticed Discover hasn't reported this card to the credit bureaus for two months. This apparently is called dormant status. Trying to figure out next steps to get the card posting again but hoping someone else has experienced this and can guide me.

Hey Dan, I had the same thing happen to my Discover card with no reporting on Credit Karma.  Back in May I noticed it hadn't reported since Nov 2021.  I called Discover and got transferred a few times but finally got to someone who found the issue. She said for some reason my "credit reporting" had been turned off.  She said she reached out and had them turn it back on, it should be resolved in 30 days.  About 2 weeks later it was resolved.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on August 31, 2022, 07:22:48 PM
Has anyone had a card go into dormant status? I have a Discover card that I solely use for TL sales and put a $10+ balance on each month. After the statement cuts, I pay the balance. I generally sell both spots regularly with the old company. Today I received notification that neither of my AU's posted. I physically have cards for them and confirmed they are still AU's on my Discover online account. I went on Credit Karma and noticed Discover hasn't reported this card to the credit bureaus for two months. This apparently is called dormant status. Trying to figure out next steps to get the card posting again but hoping someone else has experienced this and can guide me.

Hey Dan, I had the same thing happen to my Discover card with no reporting on Credit Karma.  Back in May I noticed it hadn't reported since Nov 2021.  I called Discover and got transferred a few times but finally got to someone who found the issue. She said for some reason my "credit reporting" had been turned off.  She said she reached out and had them turn it back on, it should be resolved in 30 days.  About 2 weeks later it was resolved.

Thank you! I have called a few times and haven't gotten anywhere with them. I will try again using the credit reporting has been turned off language and see if that gets me anywhere. Very odd that Discover would do this!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on August 31, 2022, 09:41:27 PM
Things have really seemed to slow down for me in the past few months. I had my AUs close to maxxed out between my wife's Discover and my own and even some Amex cards I was getting a consistent stream of AUs but it seems to have all come to a halt as of late.

Anyone else noticing this? Is it because less people are looking to take loans out with higher interest rates and therefore nobody has as big of a need to build their credit scores up?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 31, 2022, 10:05:22 PM
Things have really seemed to slow down for me in the past few months. I had my AUs close to maxxed out between my wife's Discover and my own and even some Amex cards I was getting a consistent stream of AUs but it seems to have all come to a halt as of late.

Anyone else noticing this? Is it because less people are looking to take loans out with higher interest rates and therefore nobody has as big of a need to build their credit scores up?

I've been tracking my data in a spreadsheet for four years now.  I've noticed several patterns:

1.  I have good months and bad months.  Some months have few sales, other months have lots.

2.  Over the course of a year, it averages out to be pretty much linear.  That means that a linear projection based on YTD pretty well predicts my year end total.  I don't see any trend where any quarter or half of the year is busier.

3.  Year to year is about the same.  I made approximately the same amount in 2019, 2020, 2021, and projected 2022.

4.  May and June are reliably above average months for me.  This might have to do with income taxes being due in April, but that's just a guess.

5.  August and September are typically low months for me.  No idea why, but it may be a seasonal slump after the May/June surge.

Overall, sometimes it's hard to tell if the overall demand in the marketplace has gone down (as you suggest), whether supply has increased and thus sales are more spread out, or if it's just a product of random chance and seasonal variation.  I would imagine this is made more difficult if one has fewer cards enrolled.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on September 01, 2022, 04:02:25 AM
Things have really seemed to slow down for me in the past few months. I had my AUs close to maxxed out between my wife's Discover and my own and even some Amex cards I was getting a consistent stream of AUs but it seems to have all come to a halt as of late.

Anyone else noticing this? Is it because less people are looking to take loans out with higher interest rates and therefore nobody has as big of a need to build their credit scores up?
I have noticed a slowdown on my younger cards, but I also added a couple well aged cards this year so that is slightly bringing up my yoy tradeline income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on September 01, 2022, 08:11:06 AM
I run a small time tradeline company and I broker for another company. My volume has been about the same, but new customer acquisition is seriously down. Its been my return customers or brokers that have made our month.

From speaking with other companies they have confirmed a slowdown. In fact, I see many are running deals now via email or text. This was almost unheard of over the past 3-4 years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: zolotiyeruki on September 01, 2022, 09:40:33 AM
I run a small time tradeline company and I broker for another company. My volume has been about the same, but new customer acquisition is seriously down. Its been my return customers or brokers that have made our month.

From speaking with other companies they have confirmed a slowdown. In fact, I see many are running deals now via email or text. This was almost unheard of over the past 3-4 years.
I'm a newbie to the whole TL topic, but how/why would a TL company have a repeat customer?  Once someone has been removed as an AU, do they lose the boost in their credit score, or do those several months stay on their credit report permanently?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on September 01, 2022, 11:50:36 AM
I run a small time tradeline company and I broker for another company. My volume has been about the same, but new customer acquisition is seriously down. Its been my return customers or brokers that have made our month.

From speaking with other companies they have confirmed a slowdown. In fact, I see many are running deals now via email or text. This was almost unheard of over the past 3-4 years.
I'm a newbie to the whole TL topic, but how/why would a TL company have a repeat customer?  Once someone has been removed as an AU, do they lose the boost in their credit score, or do those several months stay on their credit report permanently?
I’m sure it depends on the rest of their credit report, but I would imagine, for instance, if they have a couple of cards with modest limits that are highly utilized, a high limit card with low utilization and with a significant account  age would provide quite a boost in credit score. And when that card is removed later, that score will immediately go down when it is no longer on their report. How much that is, I am not sure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 01, 2022, 02:39:07 PM
Once someone has been removed as an AU, do they lose the boost in their credit score, or do those several months stay on their credit report permanently?

My understanding is that when the AU is removed, the credit line also disappears from the AU's credit report, and they lose the benefit of the CL on their score at that time.  The several months do not stay on their credit report permanently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on September 01, 2022, 02:58:27 PM
Things have really seemed to slow down for me in the past few months. I had my AUs close to maxxed out between my wife's Discover and my own and even some Amex cards I was getting a consistent stream of AUs but it seems to have all come to a halt as of late.

Anyone else noticing this? Is it because less people are looking to take loans out with higher interest rates and therefore nobody has as big of a need to build their credit scores up?

Haven't really noticed a consistent slowdown. There will be some slow months here and there, but nothing that has been a sustained trend. That said, I will generally only sell well aged cards with at least a moderate limit. Average 5 years and ~$20K limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FireAnt on September 01, 2022, 08:06:52 PM
After 3 or 4 messages and emails, Cliff responded that indeed, I haven't been paid in over a year and they owe me $xxx and I'll be paid at the next pay period, which I have no idea when that will be.  Been several weeks already.

O.m.g. really?! I knew they were having delays and I meant to switch over to the old company but I didn't. Months go by and I added an AU from the new company. Now I'm looking for my money and of course Cliff doesn't respond. Not cool. What is this guy doing all day?

I can't let myself use the new company again... I have a Cap1 card with $13k limit that's really old. I think I opened it in 2007. Should be okay for the old company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on September 02, 2022, 05:52:40 AM
The issue with the old company is availability of new slots. I signed up roughly a year ago to be notified when they were taking new cards so I could switch. Still haven't heard anything about openings.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FireAnt on September 02, 2022, 06:07:41 PM
Now that you say that, I think that was the same problem I had. They weren't taking new people yet. Dang.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on September 07, 2022, 10:39:54 AM
I’m trying to do an add onto my Capital One card, and it looks like I need to enter an email address for the new AU.  I don’t remember having to do this before.  Staff at the new company says I should use my email address.  Any ideas if this opens me up to a million spams or to creditors looking for this AU?  Thanks in advance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on September 07, 2022, 10:43:22 AM
I’m trying to do an add onto my Capital One card, and it looks like I need to enter an email address for the new AU.  I don’t remember having to do this before.  Staff at the new company says I should use my email address.  Any ideas if this opens me up to a million spams or to creditors looking for this AU?  Thanks in advance.
I would just get a new email address just for Tradeline’s if I had to do that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: NinetyFour on September 07, 2022, 11:00:04 AM
I’m trying to do an add onto my Capital One card, and it looks like I need to enter an email address for the new AU.  I don’t remember having to do this before.  Staff at the new company says I should use my email address.  Any ideas if this opens me up to a million spams or to creditors looking for this AU?  Thanks in advance.
I would just get a new email address just for Tradeline’s if I had to do that.

Yeah, that’s probably a good idea.  Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: redwheel92 on September 11, 2022, 06:03:12 PM
For those of you who have marketed Wells Fargo cards - how many slots did you market per month & did those accounts ever get closed/were there any indications of closing before that happened?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 11, 2022, 08:24:08 PM
For those of you who have marketed Wells Fargo cards - how many slots did you market per month & did those accounts ever get closed/were there any indications of closing before that happened?

First, you should know that the risk of shut down can vary significantly with which piggybacking company you work with.  Old Company does not currently work with Wells Fargo cards (at least according to my latest FAQ).  Nor does New Company, although my information on New Company is dated because I stopped working with them a while ago.  If you're working with a company that is not either of those, your risk of getting your cards shut down are probably higher, maybe significantly so.

Second, shut downs are an inherent risk and something that the CC companies are entitled to do by their terms of service.
 As the OP mentions (I think - it's been a while since I read it), you should only piggyback on cards that you're willing to have shut down.

I have tried on this thread to try to collect data points on card closures to see if there are patterns to shutdowns in order to minimize my chances.  I haven't really seen any other than the point mentioned in my first paragraph above about piggybacking companies.  Old Company claims that Chase and BofA are higher risk, but I've personally not had any problems with them but have had problems with USAA (warning) and USBank (two cards closed).  Number of slots doesn't seem to be a definitive factor, although the data points are limited.

It does seem that periodically CC companies just do audits and crackdowns and mass card closures.  If the piggybacking company you're working with is good, they might proactively take actions to save your cards by, for example, switching orders from CCs with the auditing company to another CC.  They also will have general guidelines that you can (and I think should) follow to minimize your risk of shutdowns.

Finally, usually there is no advance notice, nor is there anything you can do, once they decide to shut down your card.  You first clue will either be a letter in the mail closing your card, or sometimes not being able to see the card when you log into the CC website, or the card getting declined at a merchant.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gogore on September 13, 2022, 12:49:40 PM
That is correct in my experience.  You cannot product change at BC except to downgrade in the same product family.  ie fee card to free card

When you product change with BC, does it reset your AU add limit or restart the open date?  I am looking to try to get a third Barclay card and debating on going for one with an annual fee that I can downgrade later.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on September 14, 2022, 02:53:04 PM
Anyone know of a decent TL company where I can add my Citi card?  Old company obviously isn't adding any new cards at the moment.

If you are willing to share the info, please send a PM to me.   Thanks in advance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 14, 2022, 09:21:11 PM
That is correct in my experience.  You cannot product change at BC except to downgrade in the same product family.  ie fee card to free card

When you product change with BC, does it reset your AU add limit or restart the open date?  I am looking to try to get a third Barclay card and debating on going for one with an annual fee that I can downgrade later.

I don't know or possibly don't remember.  Sorry.

Someone else probably knows this and will advise.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 14, 2022, 10:58:11 PM
That is correct in my experience.  You cannot product change at BC except to downgrade in the same product family.  ie fee card to free card

When you product change with BC, does it reset your AU add limit or restart the open date?  I am looking to try to get a third Barclay card and debating on going for one with an annual fee that I can downgrade later.

Yesterday I attempted to downgrade a Barclays card that had an annual fee coming up next month.  They said they couldn't do it, so I closed the card and was able to transfer my credit limit from the card I was closing to my other Barclays card (which is older and has a much larger limit and is also enrolled with Old Company).

Usually, product changes do not change the open date (or really anything about the line that gets reported to the credit bureaus, except the card number which might change).

I think there have been mixed reports as to whether a product change resets the AU limit.  The data points I tend to believe indicate that it does not change the AU limit.  My strategy, with which Barclays is not cooperating at the moment, would be to get a newer Barclays card seasoning, and then when the older card hits the AU limit, close the older AU limited card and transfer the CL to the newer Barclays card.  Enroll the newer card when allowed, and start racking up AUs on it.  Lather, rinse, repeat.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DanTheYogi on September 15, 2022, 12:04:20 PM
Is it worth (regularly) asking for a limit increase if I rarely/never use a card? I haven't used my chase cards for anything except some tiny recurring subscription costs in years. I haven't used my Discover card at all in a couple years either. I have essentially wiped out my student debt, doubled my yearly income, and have a much higher amount of available credit than I did ~4 years ago when I opened some of the cards. I know those are all reasons I would get a credit increase, but I'm wondering if they will look at my complete lack of utilization and question why I would want a credit increase or simply deny it completely.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on September 15, 2022, 12:25:38 PM
Is it worth (regularly) asking for a limit increase if I rarely/never use a card? I haven't used my chase cards for anything except some tiny recurring subscription costs in years. I haven't used my Discover card at all in a couple years either. I have essentially wiped out my student debt, doubled my yearly income, and have a much higher amount of available credit than I did ~4 years ago when I opened some of the cards. I know those are all reasons I would get a credit increase, but I'm wondering if they will look at my complete lack of utilization and question why I would want a credit increase or simply deny it completely.

I've got some CL increases automatically with no request. I've got others through an automated request I submitted online - though some of those were denied. I've also gotten some through talking to someone on the phone. In the latter case you can say you're planning some large expense(s) on the card but want a higher limit, so your overall utilization doesn't go too high and hurt your credit score.

However, it seems like the main data points any issuer looks at is household income or utilization. If your HH income hasn't changed and you're not using the card that much, they don't have much incentive to offer you more credit. You could just shift a bunch of normal expenses to that card for a month or so to juice the utilization (still paying down the balance before the utilization gets too high and negatively effects your credit score) then make the request for a higher limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on September 15, 2022, 01:44:27 PM
For CL increases, there are a lot of factors.  I still can't get a Discover increase on my 30 year old card.  But they gave me a new one with a bigger CL.  Go figure.  I'm planning to transfer some limit over. 

If you max out a card, they are more likely to up your CL.  Or higher use.  I've had both happen without a request.  Funny how that works.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FireAnt on September 29, 2022, 08:03:45 AM
After 3 or 4 messages and emails, Cliff responded that indeed, I haven't been paid in over a year and they owe me $xxx and I'll be paid at the next pay period, which I have no idea when that will be.  Been several weeks already.

O.m.g. really?! I knew they were having delays and I meant to switch over to the old company but I didn't. Months go by and I added an AU from the new company. Now I'm looking for my money and of course Cliff doesn't respond. Not cool. What is this guy doing all day?

I can't let myself use the new company again... I have a Cap1 card with $13k limit that's really old. I think I opened it in 2007. Should be okay for the old company?

Data point-- I got paid a couple days ago after emailing the guy on a weekly basis. Not terrible, but so inconvenient.

On a related note, I received a letter from a law firm addressed to one of my previous authorized users. Apparently he owes a company $1.8 mil (I didn't realize it wasn't addressed to anyone in this household until after I opened it, whoops...) That is kind of creepy that the law firm was able to find my address associated with this guy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on September 29, 2022, 08:25:12 AM
After 3 or 4 messages and emails, Cliff responded that indeed, I haven't been paid in over a year and they owe me $xxx and I'll be paid at the next pay period, which I have no idea when that will be.  Been several weeks already.

O.m.g. really?! I knew they were having delays and I meant to switch over to the old company but I didn't. Months go by and I added an AU from the new company. Now I'm looking for my money and of course Cliff doesn't respond. Not cool. What is this guy doing all day?

I can't let myself use the new company again... I have a Cap1 card with $13k limit that's really old. I think I opened it in 2007. Should be okay for the old company?

Data point-- I got paid a couple days ago after emailing the guy on a weekly basis. Not terrible, but so inconvenient.

On a related note, I received a letter from a law firm addressed to one of my previous authorized users. Apparently he owes a company $1.8 mil (I didn't realize it wasn't addressed to anyone in this household until after I opened it, whoops...) That is kind of creepy that the law firm was able to find my address associated with this guy.

Its to be expected if you participate in this, right? Your address will go on their credit report?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 29, 2022, 08:52:59 AM
After 3 or 4 messages and emails, Cliff responded that indeed, I haven't been paid in over a year and they owe me $xxx and I'll be paid at the next pay period, which I have no idea when that will be.  Been several weeks already.

O.m.g. really?! I knew they were having delays and I meant to switch over to the old company but I didn't. Months go by and I added an AU from the new company. Now I'm looking for my money and of course Cliff doesn't respond. Not cool. What is this guy doing all day?

I can't let myself use the new company again... I have a Cap1 card with $13k limit that's really old. I think I opened it in 2007. Should be okay for the old company?

Data point-- I got paid a couple days ago after emailing the guy on a weekly basis. Not terrible, but so inconvenient.

On a related note, I received a letter from a law firm addressed to one of my previous authorized users. Apparently he owes a company $1.8 mil (I didn't realize it wasn't addressed to anyone in this household until after I opened it, whoops...) That is kind of creepy that the law firm was able to find my address associated with this guy.

Its to be expected if you participate in this, right? Your address will go on their credit report?

Yes, exactly.  It might happen even if you provide the AU address to the CC company when adding them.  (Some CC companies ask for the AU address, some don't.)

If it's USPS First Class, you can write "return to sender, not at this address".  If it's not, you can recycle it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FireAnt on September 29, 2022, 09:46:00 AM
After 3 or 4 messages and emails, Cliff responded that indeed, I haven't been paid in over a year and they owe me $xxx and I'll be paid at the next pay period, which I have no idea when that will be.  Been several weeks already.

O.m.g. really?! I knew they were having delays and I meant to switch over to the old company but I didn't. Months go by and I added an AU from the new company. Now I'm looking for my money and of course Cliff doesn't respond. Not cool. What is this guy doing all day?

I can't let myself use the new company again... I have a Cap1 card with $13k limit that's really old. I think I opened it in 2007. Should be okay for the old company?

Data point-- I got paid a couple days ago after emailing the guy on a weekly basis. Not terrible, but so inconvenient.

On a related note, I received a letter from a law firm addressed to one of my previous authorized users. Apparently he owes a company $1.8 mil (I didn't realize it wasn't addressed to anyone in this household until after I opened it, whoops...) That is kind of creepy that the law firm was able to find my address associated with this guy.

Its to be expected if you participate in this, right? Your address will go on their credit report?

Yes, exactly.  It might happen even if you provide the AU address to the CC company when adding them.  (Some CC companies ask for the AU address, some don't.)

If it's USPS First Class, you can write "return to sender, not at this address".  If it's not, you can recycle it.

Noted.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 03, 2022, 10:05:32 AM
After 3 or 4 messages and emails, Cliff responded that indeed, I haven't been paid in over a year and they owe me $xxx and I'll be paid at the next pay period, which I have no idea when that will be.  Been several weeks already.

O.m.g. really?! I knew they were having delays and I meant to switch over to the old company but I didn't. Months go by and I added an AU from the new company. Now I'm looking for my money and of course Cliff doesn't respond. Not cool. What is this guy doing all day?

I can't let myself use the new company again... I have a Cap1 card with $13k limit that's really old. I think I opened it in 2007. Should be okay for the old company?

Data point-- I got paid a couple days ago after emailing the guy on a weekly basis. Not terrible, but so inconvenient.

On a related note, I received a letter from a law firm addressed to one of my previous authorized users. Apparently he owes a company $1.8 mil (I didn't realize it wasn't addressed to anyone in this household until after I opened it, whoops...) That is kind of creepy that the law firm was able to find my address associated with this guy.

I get AU advertisement letters, credit card offers, collector letters and lately, the best one.  It was some kind of long survey with a $10 incentive.  That is, a real $10 bill in the envelope.  I sent back the pp envelope with the survey where I wrote "addressee unknown at this address".  So at least they know not to send me any more cash.  So the point is....don't just throw away AU addressed envelopes.  Open them.  I really don't care if that's not technically legal. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on October 03, 2022, 11:34:32 AM
After 3 or 4 messages and emails, Cliff responded that indeed, I haven't been paid in over a year and they owe me $xxx and I'll be paid at the next pay period, which I have no idea when that will be.  Been several weeks already.

O.m.g. really?! I knew they were having delays and I meant to switch over to the old company but I didn't. Months go by and I added an AU from the new company. Now I'm looking for my money and of course Cliff doesn't respond. Not cool. What is this guy doing all day?

I can't let myself use the new company again... I have a Cap1 card with $13k limit that's really old. I think I opened it in 2007. Should be okay for the old company?

Data point-- I got paid a couple days ago after emailing the guy on a weekly basis. Not terrible, but so inconvenient.

On a related note, I received a letter from a law firm addressed to one of my previous authorized users. Apparently he owes a company $1.8 mil (I didn't realize it wasn't addressed to anyone in this household until after I opened it, whoops...) That is kind of creepy that the law firm was able to find my address associated with this guy.

I get AU advertisement letters, credit card offers, collector letters and lately, the best one.  It was some kind of long survey with a $10 incentive.  That is, a real $10 bill in the envelope.  I sent back the pp envelope with the survey where I wrote "addressee unknown at this address".  So at least they know not to send me any more cash.  So the point is....don't just throw away AU addressed envelopes.  Open them.  I really don't care if that's not technically legal.

Did you keep the $10 or send it back?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 04, 2022, 12:28:15 PM

Did you keep the $10 or send it back?

Hmmm, where did that cash go?  I know I did a craigslist sale and made change.  I don't remember now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: almost on October 09, 2022, 11:12:44 AM
I read somewhere to keep AU's on the account for 90 days, even if the tradeline company authorizes you to remove them earlier.  This was supposed to help prevent account closures.

I've been doing this but wonder if it's overkill.  It slows my sales a bit, but I have only had one shut down (BOA) in over four years. 

Some of you track data points regarding account closures.  Any insights regarding 60 or 90 day durations?  Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on October 11, 2022, 12:47:19 PM
Has anyone else encountered somewhat nosy and perhaps over-diligent CSRs with Discover? I'm on the phone with one now who is asking more questions than the other reps have asked. He pointed out one of the addresses I gave had no apartment number (which was a good catch but I had to ask my source to clear that up - previously my source told me the address isn't really that important though so in the past I've mostly just given my home address without question). I was telling him I can just use my home address but  he seemed very "by the book" saying that I should provide them with an address if this card is intended for them and that all notices should be going to them as well (this is also something that no other rep has reiterated or made a big deal of). Then when adding the second AU, he asked "Do you know these individuals personally?" - I gave him a generic answer: "yea it's a friend of a friend who was referred to me" lol

Threw me off a little but I'm hoping they're not retraining all their CSRs to interrogate their customers like this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on October 11, 2022, 02:05:19 PM
I read somewhere to keep AU's on the account for 90 days, even if the tradeline company authorizes you to remove them earlier.  This was supposed to help prevent account closures.

I've been doing this but wonder if it's overkill.  It slows my sales a bit, but I have only had one shut down (BOA) in over four years. 

Some of you track data points regarding account closures.  Any insights regarding 60 or 90 day durations?  Thanks!
I think Old company times their removals to account for the riskier companies (like Chase), or perhaps it is purely for better reporting odds? I always remove them at the recommended times myself. I like the USBank Tradeline payments every 2 months like clockwork.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 11, 2022, 06:02:23 PM
Has anyone else encountered somewhat nosy and perhaps over-diligent CSRs with Discover? I'm on the phone with one now who is asking more questions than the other reps have asked. He pointed out one of the addresses I gave had no apartment number (which was a good catch but I had to ask my source to clear that up - previously my source told me the address isn't really that important though so in the past I've mostly just given my home address without question). I was telling him I can just use my home address but  he seemed very "by the book" saying that I should provide them with an address if this card is intended for them and that all notices should be going to them as well (this is also something that no other rep has reiterated or made a big deal of). Then when adding the second AU, he asked "Do you know these individuals personally?" - I gave him a generic answer: "yea it's a friend of a friend who was referred to me" lol

Threw me off a little but I'm hoping they're not retraining all their CSRs to interrogate their customers like this.

Two things:

1.  A few CSRs like to behave in the way you described.  I've had it happen 1% to 2% of the time.  Can they get your card shut down?  I dunno.  I just HUACA in those scenarios.

2.  If you're using someone other than Old Company or New Company, you may be exposing yourself to higher risk of shutdowns.  Your use of the term "my source" made me think this was a possibility.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on October 12, 2022, 08:56:52 AM
Has anyone else encountered somewhat nosy and perhaps over-diligent CSRs with Discover? I'm on the phone with one now who is asking more questions than the other reps have asked. He pointed out one of the addresses I gave had no apartment number (which was a good catch but I had to ask my source to clear that up - previously my source told me the address isn't really that important though so in the past I've mostly just given my home address without question). I was telling him I can just use my home address but  he seemed very "by the book" saying that I should provide them with an address if this card is intended for them and that all notices should be going to them as well (this is also something that no other rep has reiterated or made a big deal of). Then when adding the second AU, he asked "Do you know these individuals personally?" - I gave him a generic answer: "yea it's a friend of a friend who was referred to me" lol

Threw me off a little but I'm hoping they're not retraining all their CSRs to interrogate their customers like this.

Two things:

1.  A few CSRs like to behave in the way you described.  I've had it happen 1% to 2% of the time.  Can they get your card shut down?  I dunno.  I just HUACA in those scenarios.

2.  If you're using someone other than Old Company or New Company, you may be exposing yourself to higher risk of shutdowns.  Your use of the term "my source" made me think this was a possibility.

Interesting... yea he was definitely like 90% nosier than the rest of the folks I've spoken with thus far. I did notice in my second call back to Discover though that they have been asking for the address of the AU and seem to veer away from using your address as the primary for the AU. In the past this wasn't the case and they always asked if I'd like the card shipped to me - when I responded yes they would not ask for the AU's address and would just use mine.

In terms of shutdowns, yea I'm pretty sure I'm not using either Old or New companies. When I last checked with them neither were taking on new members and or all their slots were full. Has Discover been known to shut down accounts? And what would the main trigger(s) be for shutting accounts down?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on October 12, 2022, 03:30:54 PM
For Discover I add/remove online. Saves a phone call, and I never get a nosy agent.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 12, 2022, 04:09:59 PM
Has Discover been known to shut down accounts? And what would the main trigger(s) be for shutting accounts down?

I think so, but I can't recall.  You could text search this thread for shut down, but you'll probably get lots of hits.

I've been trying to do my own research on shut downs, and encouraged people to post data points here to look for patterns.  Not a whole lot of progress made on that front, but it seems to me the following are likely:

1.  Using companies other than Old Company and New Company.  This has multiple impacts:

---> A.  Other companies have lower quality risk controls; they may ask you to add people who are problematic.

---> B.  Other companies may not be as likely or capable of detecting shut down audits by the CC companies, or communicating those out if/when they happen.

2.  High # of AUs on the account at the same time.

3.  High # of lifetime AUs.

4.  AUs on for a short period of time.

5.  AUs who are not family members.

6.  Not following the TL company guidelines, such as adding/removing in the same phone call.

There could be others, but those are the ones that come to mind easily.  Even if you avoid or minimize all of these shut down risks, there is probably always a non-zero risk of shut down, and you should only play this game with cards that you're willing to get shut down.

Personally I only work with Old Company and I follow nearly all of their recommendations.  I don't particularly try to mask my AU behavior with the card companies.  I have numerous cards where there is a single $2.50 charge to Amazon.com monthly and have had a dozen or so AUs lifetime, all of whom are not family members and none of whom live with me.  So if they catch me, I'll shrug and move on to something else.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on October 12, 2022, 04:52:34 PM
For Discover I add/remove online. Saves a phone call, and I never get a nosy agent.

I've hit the max # of AUs at this point so have to do everything over the phone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 12, 2022, 08:59:35 PM
Question. If a tradeline company gives you the name and dob of an AU but not their social security number, is there any risk of them using this tradeline to create a fake identity (and you being held responsible too if they get caught)? Or is it only a risk when you unknowingly enter a fake SSN provided by a tradeline company? Basically is there any difference between those two scenarios in terms of risk? Let's say it's not the old or new company but someone you just started working with.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 18, 2022, 12:14:03 PM
Question. If a tradeline company gives you the name and dob of an AU but not their social security number, is there any risk of them using this tradeline to create a fake identity (and you being held responsible too if they get caught)? Or is it only a risk when you unknowingly enter a fake SSN provided by a tradeline company? Basically is there any difference between those two scenarios in terms of risk? Let's say it's not the old or new company but someone you just started working with.

If this is really concerning, you should ask a lawyer.  A couple hundred bucks, most likely.

There are many credit cards who don't have a way online to even input a SS number.  To do so, you'd have to call in. 

I won't use any company that Joe hasn't approved.  I tried it once and the first time, I get a message to delete the user because they paid with a stolen credit card.  Nope.  Not doing that ever again.  I now assume that anyone not approved is going to sell MY information on the dark web. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 18, 2022, 03:21:20 PM
PSA:

Anyone else trying to season a CareCredit Discover card via Synchrony Bank, please note this data point:

My card was closed after 12 months due to lack of activity.  I opened the card on or about 9/29/2021, and they closed it on 9/28/2022 due to inactivity.  I made no charges on the account.

When I called today, they were unable to reopen it and their only suggestion was to reapply.

In general I try to make sure that 12 months does not elapse without at least one charge on each card.  But with 23 cards, I made a mistake and missed this one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 18, 2022, 03:49:43 PM
I received a warning email from Care Credit that they would close the card if I didn't make at least one transaction by a certain date, so I did make a transaction and the card looks like it's in good standing now.

About Care Credit, does anyone currently use it for tradelines? Does it report AUs to the bureaus?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 18, 2022, 03:54:51 PM
Question. If a tradeline company gives you the name and dob of an AU but not their social security number, is there any risk of them using this tradeline to create a fake identity (and you being held responsible too if they get caught)? Or is it only a risk when you unknowingly enter a fake SSN provided by a tradeline company? Basically is there any difference between those two scenarios in terms of risk? Let's say it's not the old or new company but someone you just started working with.

If this is really concerning, you should ask a lawyer.  A couple hundred bucks, most likely.

There are many credit cards who don't have a way online to even input a SS number.  To do so, you'd have to call in. 

I won't use any company that Joe hasn't approved.  I tried it once and the first time, I get a message to delete the user because they paid with a stolen credit card.  Nope.  Not doing that ever again.  I now assume that anyone not approved is going to sell MY information on the dark web.

It hasn't happened to me, just a hypothetical question which will hopefully not become a real one for me or anyone else. Maybe I'm being overly cautious.

About using just the companies that Joe approved. Well, it's just the "old company" at this point because of all the payment problems several people had with the new one. The old one is great but they only have so many slots and don't accept certain cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 18, 2022, 04:15:03 PM
I received a warning email from Care Credit that they would close the card if I didn't make at least one transaction by a certain date, so I did make a transaction and the card looks like it's in good standing now.

About Care Credit, does anyone currently use it for tradelines? Does it report AUs to the bureaus?

I don't know, but I opened the card intending to use it with Old Company after seasoning two years.  It's one of the ones they indicated they use, so I was counting on it working for piggybacking.

I either didn't get, or missed, the email warning.  Oh well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on October 19, 2022, 05:03:26 PM
PSA:

Anyone else trying to season a CareCredit Discover card via Synchrony Bank, please note this data point:

My card was closed after 12 months due to lack of activity.  I opened the card on or about 9/29/2021, and they closed it on 9/28/2022 due to inactivity.  I made no charges on the account.

When I called today, they were unable to reopen it and their only suggestion was to reapply.

In general I try to make sure that 12 months does not elapse without at least one charge on each card.  But with 23 cards, I made a mistake and missed this one.

I have a bunch of cards where if I don't have any AUs, and it reaches zero, I do low balance forgiveness.  Discover forgives $2 a month.  I go into my spread sheet and do them all at once with Amazon, just adding either 99 cents or $1.99 with the cards that forgive.  I end up with 8 or 10 dollars a month doing this and of course the cards do get exercised.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on October 20, 2022, 07:01:45 PM
Wow, I think I may have a record repossession inquiry, a repo man came to my house today looking for an AU I added in June, and her Mercedes SUV….
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: LifestyleDeflation on October 22, 2022, 01:51:54 PM
Would anyone mind PMing me a reputable TL company to work with? Been a while but I'm looking to get back into the game :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on October 22, 2022, 03:22:55 PM
I just updated my AMEX app, and now can’t seem to be able to access chat ( to remove an AU), is anyone else able to access the chat from the app?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 22, 2022, 03:59:17 PM
Would anyone mind PMing me a reputable TL company to work with? Been a while but I'm looking to get back into the game :)

PM sent with Old Company and New Company contact info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on October 22, 2022, 04:13:49 PM

…and New Company contact info.
He asked for a reputable company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 22, 2022, 09:31:30 PM
I received a warning email from Care Credit that they would close the card if I didn't make at least one transaction by a certain date, so I did make a transaction and the card looks like it's in good standing now.

About Care Credit, does anyone currently use it for tradelines? Does it report AUs to the bureaus?

Yes, I use it with the old company.  And yes it seems to report fine (I assume as they keep paying me for adding AU).

below are some of my old posts about my care credit card in case anyone finds it useful information

For those who have Care Credit: how do you make occasional purchases to keep the card open? I tried using it at a doctor's office and they didn't accept it. Is there a way to use it online, maybe make a small purchase like vitamins, etc? I need to make a purchase within the next couple of months to keep it open.

I go to walgreens.  They accept it like any other credit card.  Their medicines are usually way over priced so we don't usually buy there, but occasionally will if we happen to need something and also need to make a purchase on the care credit.  If we don't any vitamins or medicine I will usually just buy myself some candy.  The candy is over priced too, but we are regularly maxing out our 2 slots at $125 each so I just consider my monthly bag of m&ms a perk.

I have a reminder set up for a few days after the end of the billing cycle, and I try to go put a purchase on it immediately so I won't end up forgetting.  I won't clear the reminder until I make a purchase.  You just have to be careful because my cycle date seems to bounce around, so I always log in and check to ensure the billing cycle has actually changed over.

Interesting @frugalnacho

So anything at Walgreens works in your experience?

If so, it might be an easy trick to print a photo for pickup.  Quick and easy.

So far.  I've used it at the pharmacy.  I also used it at the regular front register, and yeah it just seems to work like a credit card.  I don't know how they would be able to differentiate between different types of items anyway.  I was originally worried about that since it's supposed to be for doctors or health stuff, but I think they just have a merchant agreement with walgreens similar to how visa or MC would and you could just charge anything from the store. I've bought stamps, candy, OTC medication, and photos so far, and just used it as a credit card with no problems.

For those who have Care Credit: how do you make occasional purchases to keep the card open? I tried using it at a doctor's office and they didn't accept it. Is there a way to use it online, maybe make a small purchase like vitamins, etc? I need to make a purchase within the next couple of months to keep it open.

When you say "occasional" do you mean once per month? It's not a matter of keeping it open; it's a matter of having it post to the AU's credit reports.

The TL companies advise making a small charge every month. The credit card companies don't report to the reporting bureaus if there is no balance, so it won't help the AU's score.

My care credit card was for my wife's Lasik surgery.  They offered her 0% financing for two years, which turned out to just be a care credit card. $3,750 total charge, and a $6,000 limit. We scheduled our monthly payment and tossed it in the junk drawer with no intention of ever using it again.  It then sat idle with no balance for 11 months.  When the old company announced they were going to accept care credit I contacted care credit and requested a limit increase which was immediately granted for $16,000, and I started putting a single charge on it per month at walgreens.  It's been in constant use with 2 AU on it at all times for the last 8 months.

I also never call in to add or remove AU, I just use the online chat.  They occasionally have a ridiculous verification process where they have to send my wife an email, and she has to open a third party website from the secure link they sent and she has to take a 10 second video of her face, and after she submits it she gets a verification code which I then relay to the online chat person.  A bit of a pain in the ass when they do that, but otherwise super easy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 22, 2022, 09:34:50 PM
For Discover I add/remove online. Saves a phone call, and I never get a nosy agent.

I've hit the max # of AUs at this point so have to do everything over the phone.

I was able to add one AU by calling in after hitting the limit, but after that I was told discover has a hard limit on a rolling 12 month basis, so I could only call one in and they denied the next one.  I had the TL company rest my card after that and will reactivate it later.  I probably could have called back and got another rep with a different answer, but I really hate calling them in anyway and greatly prefer doing it online.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on October 24, 2022, 09:54:53 AM
I'm going through this same thing again with my Discover.
I just now saw that my Discover hasn't been posting with the credit bureaus since June 6.  I called Discover and got transferred 3 times, the 3rd lady said I will have to contact the credit bureaus and see what is up.  I told her "No, this happened to me about 6 months ago and the Discover supervisor told me that my "Credit Reporting" switch had been turned off".  So this lady said Oh OK, please hold.  She came back and said they were mailing me something to get more info, and then I will have to mail it back, then it will take 30-60 days to get the credit reporting turned back on.

I have added a total of 9 AU's (max of 2 at a time) since I enrolled this card back in May 2021.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on October 26, 2022, 12:08:02 AM
For Discover I add/remove online. Saves a phone call, and I never get a nosy agent.

I've hit the max # of AUs at this point so have to do everything over the phone.

I was able to add one AU by calling in after hitting the limit, but after that I was told discover has a hard limit on a rolling 12 month basis, so I could only call one in and they denied the next one.  I had the TL company rest my card after that and will reactivate it later.  I probably could have called back and got another rep with a different answer, but I really hate calling them in anyway and greatly prefer doing it online.

Any idea what the limit was?  Do you have more than 1 card that you are doing AUs with?  Do you do 2 AUs per 2 months?

Thinking of starting on my 2nd Discover card too (but it is younger & has a lower limit; so may not be worth it if it detracts from my main card's limit)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on October 26, 2022, 09:44:15 PM
I don't remember exactly, I think it was 7 or 8 AU over a rolling 12 month period. 

I only sell tradelines on one discover card.  I have a second discover card that I've been aging and waiting for the old company to accept, but no AU on that one. 

I do not know if the limit applies to each card, or if it is combined.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Cries on October 27, 2022, 10:06:50 PM
Thanks for the details, Nacho
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on October 28, 2022, 09:35:39 AM
Dumb question: There should be no issue waiting until the new year to ask New Company to pay me for lines posted this year, right? For tax and IRA contribution reasons, I'd prefer to earn that money next year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 28, 2022, 11:21:28 AM
Dumb question: There should be no issue waiting until the new year to ask New Company to pay me for lines posted this year, right? For tax and IRA contribution reasons, I'd prefer to earn that money next year.

Yes, that's fine.

New Company may wait until next year to pay you anyway. ;-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on October 28, 2022, 12:23:01 PM
Dumb question: There should be no issue waiting until the new year to ask New Company to pay me for lines posted this year, right? For tax and IRA contribution reasons, I'd prefer to earn that money next year.

Yes, that's fine.

New Company may wait until next year to pay you anyway. ;-)

Thanks. And yes, based on experience, I don't expect they will pay until I ask.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on November 03, 2022, 06:23:34 AM
Read this in a Facebook group with tradeline sellers. What do people think and how can we protect ourselves:

Hi everyone good afternoon, I want to reach out to inform you all to be careful with adding Au users to navy federal cards if you have them  . Somehow Navy federal allowed a card holders au user to transfer $5000 from her card to the Au users checking account & it was done in 2 transactions , 1 for $2000 & the second for $3000 . Navy federal put the first $2000 back . But they let the second one slide cause they said she is a user on the account 🤦🏽‍♀️🤦🏽‍♀️ so be careful with Navy . I also want to know is USAA still a good bank ? Because I’m going to be getting an account with them soon 🔜 & I want to know if their still pretty good ? I have to leave Navy a lone now , I’m starting to have too many issues with them as well .
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on November 03, 2022, 09:07:21 AM
I have an NFCU Visa card. I asked Old Co if they would take it and they said no, because NFCU doesn't report correctly.

So I guess the way to keep yourself safe in this case is don't add AUs to NFCU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on November 03, 2022, 02:57:29 PM
Read this in a Facebook group with tradeline sellers. What do people think and how can we protect ourselves:

Hi everyone good afternoon, I want to reach out to inform you all to be careful with adding Au users to navy federal cards if you have them  . Somehow Navy federal allowed a card holders au user to transfer $5000 from her card to the Au users checking account & it was done in 2 transactions , 1 for $2000 & the second for $3000 . Navy federal put the first $2000 back . But they let the second one slide cause they said she is a user on the account 🤦🏽‍♀️🤦🏽‍♀️ so be careful with Navy . I also want to know is USAA still a good bank ? Because I’m going to be getting an account with them soon 🔜 & I want to know if their still pretty good ? I have to leave Navy a lone now , I’m starting to have too many issues with them as well .

This is true. In addition, AUs can have the card sent directly to their house. Be careful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on November 04, 2022, 04:28:16 AM
Read this in a Facebook group with tradeline sellers. What do people think and how can we protect ourselves:

Hi everyone good afternoon, I want to reach out to inform you all to be careful with adding Au users to navy federal cards if you have them  . Somehow Navy federal allowed a card holders au user to transfer $5000 from her card to the Au users checking account & it was done in 2 transactions , 1 for $2000 & the second for $3000 . Navy federal put the first $2000 back . But they let the second one slide cause they said she is a user on the account 🤦🏽‍♀️🤦🏽‍♀️ so be careful with Navy . I also want to know is USAA still a good bank ? Because I’m going to be getting an account with them soon 🔜 & I want to know if their still pretty good ? I have to leave Navy a lone now , I’m starting to have too many issues with them as well .

This is true. In addition, AUs can have the card sent directly to their house. Be careful.

That is scary. I am looking into freezing AU cards and/or setting spending limits. I noticed you can do this with Amex.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on November 15, 2022, 08:32:26 PM
I had two adds for Citi come through pretty much one after the other. Called in and gave them name, DOB, and SSN as usual and was asked to verify the AU home address. All fine.

Today I check out how the AUs are listed in my Citi portal (usually check to see that names were entered correctly) and notice that while one has my address listed as theirs, the other has their own address listed. Weird.

I can edit the addresses. Does it matter which is listed when it comes to the AU posting? I am hoping that the one AU who has their own address listed did not get sent a card. Maybe I should give Citi a call...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 15, 2022, 10:02:21 PM
I had two adds for Citi come through pretty much one after the other. Called in and gave them name, DOB, and SSN as usual and was asked to verify the AU home address. All fine.

Today I check out how the AUs are listed in my Citi portal (usually check to see that names were entered correctly) and notice that while one has my address listed as theirs, the other has their own address listed. Weird.

I can edit the addresses. Does it matter which is listed when it comes to the AU posting? I am hoping that the one AU who has their own address listed did not get sent a card. Maybe I should give Citi a call...

They send cards to your address only no matter which address you used as AU's address
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on November 28, 2022, 09:20:17 AM
Things have really seemed to slow down for me in the past few months. I had my AUs close to maxxed out between my wife's Discover and my own and even some Amex cards I was getting a consistent stream of AUs but it seems to have all come to a halt as of late.

Anyone else noticing this? Is it because less people are looking to take loans out with higher interest rates and therefore nobody has as big of a need to build their credit scores up?
I have noticed a slowdown on my younger cards, but I also added a couple well aged cards this year so that is slightly bringing up my yoy tradeline income.
Even my well seasoned Cards have slowed down now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 28, 2022, 02:08:55 PM

Even my well seasoned Cards have slowed down now.

Same. This business is very sensitive to rising interest rates.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: DK82 on November 28, 2022, 08:06:55 PM
File this under "things I wish I knew when I tried tradelines out" ----

I've received phone calls from debt collectors thinking they were calling the person who bought the tradeline.  Today I received a letter in the mail from an attorney (addressed to the buyer of the tradeline) related to debt collection. 

For those reading this and considering trying this out... just know that your phone number and address will be associated with these people going forward.  Is it worth it for an extra couple hundred a month?  Only you can answer that. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on November 28, 2022, 08:21:05 PM
File this under "things I wish I knew when I tried tradelines out" ----

I've received phone calls from debt collectors thinking they were calling the person who bought the tradeline.  Today I received a letter in the mail from an attorney (addressed to the buyer of the tradeline) related to debt collection. 

For those reading this and considering trying this out... just know that your phone number and address will be associated with these people going forward.  Is it worth it for an extra couple hundred a month?  Only you can answer that.

Yeah, I got a phone call a few days ago about needing to confirm an address from serving some papers. I vaguely recognized the name they were asking for as a tradeline sale but simply told the person on the phone I had no idea who that person was and they didn't live at my address.

A couple thousand dollars a year is well worth getting some junk mail and a random phone call now and then. I also figure I'm doing my part in introducing more errors into all the data brokers systems.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on November 29, 2022, 08:40:00 AM
A couple thousand dollars a year is well worth getting some junk mail and a random phone call now and then. I also figure I'm doing my part in introducing more errors into all the data brokers systems.

I agree with Michael's point of view.

I also appreciate that this 'business' is hosing up the data brokers and miners.  I work in a business that uses some background check data.  I am bothered by the privacy implications of what is collected on the average consumer.  Therefore, I love knowing that my report is now a jumbled mess of truly unrelated people and data points.  :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 29, 2022, 09:17:16 AM
I've never listed my phone number in association with any AU, so I don't get calls about them.  (If I did, they wouldn't get past my whitelist-based phone screener.)

First class mail for AUs gets returned to sender not at this address.

Non first class mail for AUs gets recycled.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on November 29, 2022, 04:28:16 PM
Haven’t gotten any phone calls, or maybe that’s because I don’t answer calls from unknown numbers.

I have gotten a couple of visits from repo men, but they just go away when they realize that the vehicle is not here.

So far, well worth it for the few several thousand a year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 06, 2022, 06:44:14 PM
Barclays card lifetime limit data point:

I tried to add an AU to my Barclays card today.  I tried to add online, it asked me security questions from my credit report, claimed I had answered incorrectly, and to call in.  I repeated a second online add attempt with similar result:  different security questions, but still failed to add.

I called in.  CSR#1 tried to add, it didn't work.  CSR#1 patched in account security, who security verified me.  Account security tried to patch me back to CSR#1, but I ended up with CSR#2, who claimed erroneously that she needed me to provide the SSN to add an AU.  I told her I didn't have it, and that I'd get it and call back.  She said she'd notate my file to reflect the situation.

Across Old Company, New Company, and private sales, I had a total of 39 successful AUs on this card.  I also had one failure to add an AU due to some fraud issue (I think Barclays had put a fraud alert on my card at one point).  If you include that last AU, that means that for me the total lifetime limit on Barclays was 40.

...

My plan (as mentioned earlier in this thread) is to apply for a new no-fee Barclays card, wait for my last successful AU to fall off my existing card, then close the old card and transfer the credit limit to the new card.  I had a $95AF-waived-the-first-year card with Barclays that was seasoning, but they refused to let me downgrade to a no-fee card, so I closed that one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on December 07, 2022, 12:30:44 PM
Thanks for the data point and details, @secondcor521 !
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 09, 2022, 10:47:05 AM
Anyone getting new orders? I got none since early November.

Another question: for the 2022 tax return, is this year's TL income based on TLs ordered this year or those I got paid for this year?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on December 09, 2022, 11:13:27 AM
Anyone getting new orders? I got none since early November.

Another question: for the 2022 tax return, is this year's TL income based on TLs ordered this year or those I got paid for this year?

Got a little bump in orders in the last couple weeks, but generally slow this quarter.

I report the income received (paid) in the calendar year, not based on when it was ordered.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 09, 2022, 02:55:59 PM
Anyone getting new orders? I got none since early November.

I just got an order on my Barclays card as soon as a spot opened up. I have a newer card with another company (not the old or the new) and just got the first order on that in a few months. My two cards with the old company have stayed fairly busy the second half of this year. I had a just one order between October 2021 and Juney 2022. Since June though I've had 9 orders on my Barclays card and 2 on another card with a lower limit.

Quote
Another question: for the 2022 tax return, is this year's TL income based on TLs ordered this year or those I got paid for this year?

Cash basis accounting - you recognize income when it hits your bank account (constructive receipt). Until you actually get paid for an order there's a possibility it won't post and then you're paying taxes on income that never occured. If you get paid on January 1st for an order, you received in November, it's 2023 income. You could choose to do accrual but that's adding complexity for zero benefit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 10, 2022, 10:16:00 AM

Cash basis accounting - you recognize income when it hits your bank account (constructive receipt). Until you actually get paid for an order there's a possibility it won't post and then you're paying taxes on income that never occured. If you get paid on January 1st for an order, you received in November, it's 2023 income. You could choose to do accrual but that's adding complexity for zero benefit.

That makes sense, thanks! When tradeline companies issue 1099s, do they follow the same principle (cash basis accounting)?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 10, 2022, 02:35:41 PM

Cash basis accounting - you recognize income when it hits your bank account (constructive receipt). Until you actually get paid for an order there's a possibility it won't post and then you're paying taxes on income that never occured. If you get paid on January 1st for an order, you received in November, it's 2023 income. You could choose to do accrual but that's adding complexity for zero benefit.

That makes sense, thanks! When tradeline companies issue 1099s, do they follow the same principle (cash basis accounting)?

Yes, that's been my experience with the old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: AlanStache on December 12, 2022, 10:09:05 PM
PTF.
The effort / reward ratio of tradelines has not been good for me in past but looking at post RE where the relative amounts of time and money will change could make this worth it. 

I only have one CC now (delta-amex +10yo that I dont think I want to risk) I think after I buy my next primary residence in spring I will reevaluate all this and maybe get a few new cards to start aging.  Am considering paying cash for a home, but may not and dont want to complicate my life with new CC's right before moving and maybe taking out a home loan. 

Is the info in the first few posts of this thread still mostly valid?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 12, 2022, 10:13:29 PM
Is the info in the first few posts of this thread still mostly valid?

Yeah, mostly.

The few things I think are different:

1.  Many people have been having trouble getting paid from one of the recommended companies.  Be aware.

2.  The cards which are currently accepted may not be exactly the same as the list in the OP.  The commissions are probably different too unless ARS has been keeping those up to date.  Contact your tradeline company for updated info.

3.  Most of the time it seems AUs are left on for a few months, not just one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: AlanStache on December 12, 2022, 10:43:45 PM
thanks @secondcor521 !
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on December 13, 2022, 07:06:11 AM
If you want to keep your credit score up before the home loan, buy some tradelines!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 13, 2022, 11:45:32 AM
PTF.
The effort / reward ratio of tradelines has not been good for me in past but looking at post RE where the relative amounts of time and money will change could make this worth it. 

I only have one CC now (delta-amex +10yo that I dont think I want to risk) I think after I buy my next primary residence in spring I will reevaluate all this and maybe get a few new cards to start aging.  Am considering paying cash for a home, but may not and dont want to complicate my life with new CC's right before moving and maybe taking out a home loan. 

Is the info in the first few posts of this thread still mostly valid?

If you just have one Amex card which you don't want to risk, I don't think it's worth it trying to sell tradelines on it. I have an Amex registered with the old company and got maybe one sale on it several months ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 13, 2022, 03:56:09 PM
PTF.
The effort / reward ratio of tradelines has not been good for me in past but looking at post RE where the relative amounts of time and money will change could make this worth it. 

I only have one CC now (delta-amex +10yo that I dont think I want to risk) I think after I buy my next primary residence in spring I will reevaluate all this and maybe get a few new cards to start aging.  Am considering paying cash for a home, but may not and dont want to complicate my life with new CC's right before moving and maybe taking out a home loan. 

Is the info in the first few posts of this thread still mostly valid?

I'd recommend getting a Barclays card now and start ageing it. It should have minor impact on your credit score - it may even improve it as your available credit will go up and average utilization will go down (assuming you just charge some small stuff now and then and pay it off in full). Barclays is definitely the easiest for tradelines in my experience. Everything can be done on the website in a minute or two and aside from a lifetime limit of about 40 AUs there's really no downside.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on December 16, 2022, 06:13:33 AM
Hey,
To whoever keeps track of the stats... I got my BankAmericard closed yesterday for "irregular" user activity.
I had just sold my third tradeline of 2022. And I had sold 3 in 2021.
Regards
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 16, 2022, 06:26:23 AM
I was shutdown last year with similar BofA volume.  I would not sell any spots on their cards if anyone still has BofA listings.  Plenty of others with far less risk.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 16, 2022, 12:12:23 PM
It's good to have data points, I think.

I have a BofA card that has had 3 or 4 AUs per year for the last three years and it is still fine (for now, knock wood).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 16, 2022, 02:19:22 PM
Here are my BOA #s...

2020:  3 AUs sold   (began selling in Aug 2020)
2021:  7 AUs sold
2022:  8 AUs sold so far

I do have some cash in a BOA Savings account... not sure if that helps in keeping my CC from being closed... Keep on knockin' on wood!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on December 16, 2022, 11:15:27 PM
I don't remember exactly, I think it was 7 or 8 AU over a rolling 12 month period. 

I only sell tradelines on one discover card.  I have a second discover card that I've been aging and waiting for the old company to accept, but no AU on that one. 

I do not know if the limit applies to each card, or if it is combined.

I just found the email where I made a record after I spoke to discover.  I was told it was a maximum of 7 AU on a 12 month rolling basis. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on December 19, 2022, 05:30:15 AM
I had over 300k with Merrill and multiple cards and bank accounts when BofA shut me down.  Had sold 5 tradelines over a year.  Just sharing the data point. 

And for discover.  If you’re hitting the online limit you can add over the phone as long as the five spots aren’t currently occupied
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 19, 2022, 06:03:06 PM
Here are my BOA #s...

2020:  3 AUs sold   (began selling in Aug 2020)
2021:  7 AUs sold
2022:  8 AUs sold so far

I do have some cash in a BOA Savings account... not sure if that helps in keeping my CC from being closed... Keep on knockin' on wood!

My first AUs on BoA (3 cards), I made purchases on all of them.  Next day, all my BoA cards and accounts were closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on December 21, 2022, 08:41:38 AM
I have cards with the new company (for several years now).  I usually only ask for payment every six months for AUs that were removed at least 2 months prior to my asking for payment.  Have not had many problems getting payment.  On Dec 6, I have emailed the guy at the company who does the payment and asked him to pay me for six AUs.  After a week of no response and no payment, I asked again on Dec 13 and also copied Erica at the company.  Another week gone by and still no response or payment.  So I have sent a third email asking today.  I told them I wanted to get paid soon so I can contribute that money to my IRA before the end of the year.  Anyone else know what is going on with them or have any suggestions for me? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on December 21, 2022, 11:03:52 AM
I have cards with the new company (for several years now).  I usually only ask for payment every six months for AUs that were removed at least 2 months prior to my asking for payment.  Have not had many problems getting payment.  On Dec 6, I have emailed the guy at the company who does the payment and asked him to pay me for six AUs.  After a week of no response and no payment, I asked again on Dec 13 and also copied Erica at the company.  Another week gone by and still no response or payment.  So I have sent a third email asking today.  I told them I wanted to get paid soon so I can contribute that money to my IRA before the end of the year.  Anyone else know what is going on with them or have any suggestions for me?

contact @arebelspy and have him contact cliff on your behalf.  That's the only way I was able to get paid by them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PennySaved75 on December 21, 2022, 12:01:21 PM
[quote auth

contact @arebelspy and have him contact cliff on your behalf.  That's the only way I was able to get paid by them.
[/quote]
I have cards with the new company (for several years now).  I usually only ask for payment every six months for AUs that were removed at least 2 months prior to my asking for payment.  Have not had many problems getting payment.  On Dec 6, I have emailed the guy at the company who does the payment and asked him to pay me for six AUs.  After a week of no response and no payment, I asked again on Dec 13 and also copied Erica at the company.  Another week gone by and still no response or payment.  So I have sent a third email asking today.  I told them I wanted to get paid soon so I can contribute that money to my IRA before the end of the year.  Anyone else know what is going on with them or have any suggestions for me?

contact @arebelspy and have him contact cliff on your behalf.  That's the only way I was able to get paid by them.

Good news! I just heard from the company and I am supposed to have my payment processed tomorrow.  Yeah!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 21, 2022, 05:03:55 PM
It must be annoying to have to continually chase them for payment!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on December 22, 2022, 10:40:23 AM
Today I received a notice from Citi that an authorized user had removed themself, about a month before I was scheduled to do so. Very strange.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on December 29, 2022, 05:50:39 PM
This has probably already been discussed at some point in a long thread like this, but I don't remember.

I've been selling spots on my Citi Card through "old company" for a while now, and they have always posted and I've been paid.  For reasons unknown, I added an AU at old company's request a couple weeks ago, following old company's instructions to the letter for a Citi add (making sure to add by phone only, give client's SS# to customer service rep, ask rep to spell back name so no errors, etc.)  The client was in fact added according to my online acct.  He was added timely, and a statement was generated (I have a small recurring charge on the account to make sure of this.)

In spite of all this, old company contacted me a few weeks later, enclosing copies of client's credit reports which showed it did not post.  They told me since it didn't post I wouldn't get paid.  I sent them screenshots and emails showing that he was added.  I understand that they had to refund client's money.  However, I feel that the failure to post was not within my control and therefore not my fault.  I put in some time and effort to not only get him added (and later removed) from the account, but to justify to the old company that I had done everything properly (not wanting to be removed from the program b/c they might see me as irresponsible).

Has anyone else been denied payment due to a non-posting for which they were not at fault?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 29, 2022, 05:59:19 PM
Yep, totally normal.  I've had it happen 2-3 times over the last 5 years with my Cap One card.
Who knows the exact reason, maybe they didn't find an exact match with the name or address, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 29, 2022, 06:17:37 PM
I've had it happen once.  Happened to be on an AMEX card.  Like you, I did everything correctly.  It's just a risk.

One thing to make sure of is that you provide and have the CSR enter all of the AU information you're supposed to.  The more accurate data points to match, the more likely it is to post on the AU's credit report.  It seems to me, although I've never seen anything official, that it takes at least two and preferably three data points among name / address / DOB / SSN to get it to post.  I did have one case where a CSR didn't want to type in the AU's address stating that they didn't need it.  That one still worked, but I may have called back in and added the AU address via a second CSR.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 29, 2022, 06:56:04 PM
This has probably already been discussed at some point in a long thread like this, but I don't remember.

I've been selling spots on my Citi Card through "old company" for a while now, and they have always posted and I've been paid.  For reasons unknown, I added an AU at old company's request a couple weeks ago, following old company's instructions to the letter for a Citi add (making sure to add by phone only, give client's SS# to customer service rep, ask rep to spell back name so no errors, etc.)  The client was in fact added according to my online acct.  He was added timely, and a statement was generated (I have a small recurring charge on the account to make sure of this.)

In spite of all this, old company contacted me a few weeks later, enclosing copies of client's credit reports which showed it did not post.  They told me since it didn't post I wouldn't get paid.  I sent them screenshots and emails showing that he was added.  I understand that they had to refund client's money.  However, I feel that the failure to post was not within my control and therefore not my fault.  I put in some time and effort to not only get him added (and later removed) from the account, but to justify to the old company that I had done everything properly (not wanting to be removed from the program b/c they might see me as irresponsible).

Has anyone else been denied payment due to a non-posting for which they were not at fault?

When did you add your Citi card to the old company? I don't think they accept them anymore. If I remember correctly, they stopped accepting them years ago
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cooking on December 30, 2022, 12:54:34 PM
I only signed on with old company maybe a year and a half ago, and I listed my Citi card with them from the start, along with 3 other cards.  The Citi is the only one that has been selling for the last 9 mo. or so, and even then only one slot every few months ($75 b/c $12.5k CL).  So all in all, not much of a moneymaker for me.  Back in the beginning I think I sold a few Barclays slots @ $25 per, but not in a long time.

I have to say my experience with how much money can be made from tradeline selling has been markedly different from the reports on here by the longtime sellers like Arebelspy, etc.  And the tradeline companies can be fairly demanding, in terms of always being ready to drop everything going on in your life to add an AU in a very particular way, especially when it has to be done by phone like Citi.  I'm grateful to Arebelspy for helping us all with the process.  I'm only saying that newbies should maybe be aware that things seem to have changed a little for the worse since the thread was first started.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on December 30, 2022, 03:36:51 PM
I only signed on with old company maybe a year and a half ago, and I listed my Citi card with them from the start, along with 3 other cards.  The Citi is the only one that has been selling for the last 9 mo. or so, and even then only one slot every few months ($75 b/c $12.5k CL).  So all in all, not much of a moneymaker for me.  Back in the beginning I think I sold a few Barclays slots @ $25 per, but not in a long time.

I have to say my experience with how much money can be made from tradeline selling has been markedly different from the reports on here by the longtime sellers like Arebelspy, etc.  And the tradeline companies can be fairly demanding, in terms of always being ready to drop everything going on in your life to add an AU in a very particular way, especially when it has to be done by phone like Citi.  I'm grateful to Arebelspy for helping us all with the process.  I'm only saying that newbies should maybe be aware that things seem to have changed a little for the worse since the thread was first started.

I started in late 2020 with two cards with the old company and made $400 since they were only $25 each. In 2021 I made about $1,000 and in 2022 I'm going to end up at about $2,400 as I added two more newer cards with a different company. I've got three more sales that will pay out in 2023 for $420 so I'm starting out the year pretty well.

For the literal handful of hours, I've put into this over the last couple of year it's a pretty damn good ROI. Not to mention, I can now deduct any annual fees as a business expense.

I started with only a handful of old credit cards from credit unions, etc. that wouldn't work with tradelines. Had I kept some of the national branded cards I had years ago I might have been able to make more since I would have had more cards over the two-year mark. I went on the Dave Ramsey plan several years ago and cancelled all those other credit cards and just kept my handful of really old cards that I never used that didn't have any fees.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on December 30, 2022, 04:35:41 PM
2017 $975
2018 $6815
2019 $1285
2020 $3440
2021 $2000
2022 $1625

All things considered, I'm pretty happy with my results.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on December 31, 2022, 05:31:48 AM
I only signed on with old company maybe a year and a half ago, and I listed my Citi card with them from the start, along with 3 other cards.  The Citi is the only one that has been selling for the last 9 mo. or so, and even then only one slot every few months ($75 b/c $12.5k CL).  So all in all, not much of a moneymaker for me.  Back in the beginning I think I sold a few Barclays slots @ $25 per, but not in a long time.

I have to say my experience with how much money can be made from tradeline selling has been markedly different from the reports on here by the longtime sellers like Arebelspy, etc.  And the tradeline companies can be fairly demanding, in terms of always being ready to drop everything going on in your life to add an AU in a very particular way, especially when it has to be done by phone like Citi.  I'm grateful to Arebelspy for helping us all with the process.  I'm only saying that newbies should maybe be aware that things seem to have changed a little for the worse since the thread was first started.

Any amount of money I make I am more than content with. Considering it typically only takes a couple minutes to add an AU, the hourly rate is fantastic. I wouldn't count on this as any sort of constant flow of income. I made half this year what I made last year. I am perfectly fine with that. That's the nature of the tradeline biz.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 02, 2023, 06:08:46 PM
Had about 3/4th as many sales as what I had last year. But total income about the same thanks to a bunch of cards aging up into the next bracket over the year. So that's a nice side benefit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on January 03, 2023, 09:16:45 AM
I received the below notification when I tried to add an Authorized User to my Elan Fidelity card.  Anyone else experience this?  I'm going to send them a message to remove all AUs (it's time for my last AU and I'll remove my spouse as well) and ask them what's up.  Not concerned if I lose it, but it's my only non-Chase card right now. 

It looks like your account requires some extra attention.
Please give us a call at 1-888-551-5144 , and one of our customer service representatives will be happy to help.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on January 03, 2023, 09:45:31 AM
Hey folks,

I've got some pretty bad news to share. Enrolled with Old Company 3 months ago. Signed up my Barclays card, sold 2 spots, got paid, everything is good. Then enrolled an Elan card, had my first AU spot sold not long after. 6-8 weeks go by and I find the card is declined when I'm at the grocery store. Try to log in to online access, tells me to call technical support. This past Friday I get on the phone with support, said my account was flagged for suspicious AU activity. The rep tells me that the AU had personally called in and said they didn't know why (my) credit history was showing up on their credit report. In my mind, I try to keep things as simple as possible and confirmed I added the AU on the stated date, and the relationship to me was a colleague.

I'm told someone from the verification team would be in touch. Just got off the phone with the Elan again today. My account is permanently closed with no chance to contest or reopen. The rep basically said "we don't allow piggybacking because it creates too much risk for the bank". They specifically used that term, so they must've deduced the card was being used for TLs or the AU tipped it off when they called.

I will say that the support I received from Old Company was very good. I brought up the issue right away, they tried all day Friday to get ahold of the AU. When they finally did, AU basically said they forgot they had signed up for and paid for the service (lol what?). They must've panicked or something when they saw it come up on their credit report and contacted the lender directly (big yikes, this is strictly forbidden in Old Company's rules).

On a brighter note, Old Company permanently disbarred said AU from any future business, kept AU's fee, and still paid me the $75 commission. Sucks that this happened so early on the very first AU spot, but hey, that's what you sign up for when engaging in this kind of side hustle. Not a card I really cared about or really used. $14k credit limit with 3 year history. Just unlucky, oh well.

Questions for moving forward:

1. Will that account closure raise alert to other lenders that I'm participating in tradelines? Do I need to lay low for a while?
2. How do I check and pay any open balances on the closed card, so that I'm not docked for late payments?
3. Anyone know if this will hurt my credit? I don't believe it will outside of overall utilization limit plus the credit history removal after 7 years.

P.S. Old Company said that the events above are very rare to occur. And apologized profusely. No hard feelings by me. Again, that's what you're signing up for. Old Company handled it professionally, even called me at 6:00 pm on a Friday to help with resolution.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on January 03, 2023, 09:47:25 AM
I received the below notification when I tried to add an Authorized User to my Elan Fidelity card.  Anyone else experience this?  I'm going to send them a message to remove all AUs (it's time for my last AU and I'll remove my spouse as well) and ask them what's up.  Not concerned if I lose it, but it's my only non-Chase card right now. 

It looks like your account requires some extra attention.
Please give us a call at 1-888-551-5144 , and one of our customer service representatives will be happy to help.

I had trouble with AUs on my Elan card and ended up getting it closed permanently. Just re-quoted the post to bump it up for you to see. I wouldn't say you necessarily have the same circumstances, but yeah I got shut down on my first AU for the card :/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on January 04, 2023, 11:59:18 AM
I received the below notification when I tried to add an Authorized User to my Elan Fidelity card.  Anyone else experience this?  I'm going to send them a message to remove all AUs (it's time for my last AU and I'll remove my spouse as well) and ask them what's up.  Not concerned if I lose it, but it's my only non-Chase card right now. 

It looks like your account requires some extra attention.
Please give us a call at 1-888-551-5144 , and one of our customer service representatives will be happy to help.

I had trouble with AUs on my Elan card and ended up getting it closed permanently. Just re-quoted the post to bump it up for you to see. I wouldn't say you necessarily have the same circumstances, but yeah I got shut down on my first AU for the card :/

Thanks for the info.  I've removed all the AUs from my card and put it on hold with the old company.  I'll give it some time and maybe open up a new card to start aging when I get back to the states.  Thanks again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 04, 2023, 04:07:53 PM
I received the below notification when I tried to add an Authorized User to my Elan Fidelity card.  Anyone else experience this?  I'm going to send them a message to remove all AUs (it's time for my last AU and I'll remove my spouse as well) and ask them what's up.  Not concerned if I lose it, but it's my only non-Chase card right now. 

It looks like your account requires some extra attention.
Please give us a call at 1-888-551-5144 , and one of our customer service representatives will be happy to help.

I had trouble with AUs on my Elan card and ended up getting it closed permanently. Just re-quoted the post to bump it up for you to see. I wouldn't say you necessarily have the same circumstances, but yeah I got shut down on my first AU for the card :/

Thanks for the info.  I've removed all the AUs from my card and put it on hold with the old company.  I'll give it some time and maybe open up a new card to start aging when I get back to the states.  Thanks again.

Would either of you be willing to say if (a) you were or were not using either of the recommended companies? and (b) whether you were following the recommended procedures?

I ask because I am interested in data points and possible trends regarding these sorts of issues.

@Unique User @Archipelago
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on January 04, 2023, 10:14:15 PM
I received the below notification when I tried to add an Authorized User to my Elan Fidelity card.  Anyone else experience this?  I'm going to send them a message to remove all AUs (it's time for my last AU and I'll remove my spouse as well) and ask them what's up.  Not concerned if I lose it, but it's my only non-Chase card right now. 

It looks like your account requires some extra attention.
Please give us a call at 1-888-551-5144 , and one of our customer service representatives will be happy to help.

I had trouble with AUs on my Elan card and ended up getting it closed permanently. Just re-quoted the post to bump it up for you to see. I wouldn't say you necessarily have the same circumstances, but yeah I got shut down on my first AU for the card :/

Thanks for the info.  I've removed all the AUs from my card and put it on hold with the old company.  I'll give it some time and maybe open up a new card to start aging when I get back to the states.  Thanks again.

Would either of you be willing to say if (a) you were or were not using either of the recommended companies? and (b) whether you were following the recommended procedures?

I ask because I am interested in data points and possible trends regarding these sorts of issues.

@Unique User @Archipelago

I'm still satisfied with old company despite the loss of the one card. I have another Barclays card with old company that has made about 8 sales on it since inception. It's generated around $700 without any issues.

Yes, I was following the recommended procedures.

At the end of the day, you have to be willing to take the risk that the lender will shut down your account. That risk has always been clearly defined, and I accepted the risk when I started using it for tradelines. It's a card I didn't mind losing, so it's no big deal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 05, 2023, 09:46:50 AM
As a data point I've used two companies outside of the ones recommended here and my only issue after just over 2 years and about 55k of earnings was losing my BofA relationship. Also had an Amex account review that I passed.   Good tradeline companies protect their sellers as it's as important to them that you keep your accounts open.

 It's certainly slowed down in recent months which is directly tied to mortgage activity going down but I'm still getting sales on my high limit and aged cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 05, 2023, 09:59:29 AM
As a data point I've used two companies outside of the ones recommended here and my only issue after just over 2 years and about 55k of earnings was losing my BofA relationship. Also had an Amex account review that I passed.   Good tradeline companies protect their sellers as it's as important to them that you keep your accounts open.

 It's certainly slowed down in recent months which is directly tied to mortgage activity going down but I'm still getting sales on my high limit and aged cards.

Wow, 55K in two years is very impressive. It's much more than a full time salary for a minimum wage job (which is $15K if you use the federal min wage).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 05, 2023, 10:04:21 AM
Thanks.  Yeah i have a Citi 50k plus card over 20 years a few around 30k with 10 years plus and a 60k Amex that sell well but all told I have 11 cards listed total.  Also maxed out a Barclays that hit the limit this year. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 05, 2023, 11:04:08 AM
Thanks.  Yeah i have a Citi 50k plus card over 20 years a few around 30k with 10 years plus and a 60k Amex that sell well but all told I have 11 cards listed total.  Also maxed out a Barclays that hit the limit this year.

can you give any insight on the path to those limits? I'm guessing just something like yearly increase requests over a long time period

still trying to tune the most optimal process, have 7 cards in the 20-30K ranges seems I'm able to get a 5K plus increase about once a year on most, but not more often, but not sure if requesting increases from different cards/banks within a certain timeframe affects the chances of eachother's due to the credit inquiries?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 05, 2023, 11:19:09 AM
So two things have helped me outside of having great credit.  One I run a small business that drives volume through our cards and I earn a high income.  But regardless of income you can be proactive with asking for increases as much as possible and seasoning new cards (for the signup bonuses I usually prepay my taxes)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 05, 2023, 11:56:38 AM
At the end of the day, you have to be willing to take the risk that the lender will shut down your account. That risk has always been clearly defined, and I accepted the risk when I started using it for tradelines. It's a card I didn't mind losing, so it's no big deal.

Agree.  I'm fine with the risk.  I figure I might as well also try to figure out what I can do (if anything) to minimize the risk.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on January 05, 2023, 04:58:53 PM
I only signed on with old company maybe a year and a half ago, and I listed my Citi card with them from the start, along with 3 other cards.  The Citi is the only one that has been selling for the last 9 mo. or so, and even then only one slot every few months ($75 b/c $12.5k CL).  So all in all, not much of a moneymaker for me.  Back in the beginning I think I sold a few Barclays slots @ $25 per, but not in a long time.

I have to say my experience with how much money can be made from tradeline selling has been markedly different from the reports on here by the longtime sellers like Arebelspy, etc.  And the tradeline companies can be fairly demanding, in terms of always being ready to drop everything going on in your life to add an AU in a very particular way, especially when it has to be done by phone like Citi.  I'm grateful to Arebelspy for helping us all with the process.  I'm only saying that newbies should maybe be aware that things seem to have changed a little for the worse since the thread was first started.

For someone starting out, of course you are not going to see the same results as those who have been doing it for years. As with most things, if you are new to something, it is hard to comprehend what a longtime practitioner does that produces such markedly different results. I started out pretty small, just a few hundred dollars a year. Incredible ROI for the effort, but it was not an amount of money that would meaningfully impact my life.

A few years later, after getting into it - listing more cards, opening new cards, seasoning them, asking for credit limit increases, combining limits, working with different companies, etc, and I've made over $37K, roughly $12-$13K per year. Yes I've put more effort into it, but, really its not that much compared to an actual job.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on January 05, 2023, 06:57:58 PM
For those who've maxed their Barclays card, how did you know?

I just tried to add my 37th AU and it was squirrelly.
Asked a bunch of security questions including the security code, said I failed, the AU was not added and to call in.

I've been expecting to get cut off and wonder if this is it for that card.

Is this similar to what happened to you?

TIA
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 05, 2023, 07:06:26 PM
Yeah that sounds like what I had happen to me.

Can always move that unused credit to another Barclays card if you have one seasoning or want to add one and keep the aged tapped out one open.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on January 06, 2023, 09:35:38 AM
Yeah that sounds like what I had happen to me.

Can always move that unused credit to another Barclays card if you have one seasoning or want to add one and keep the aged tapped out one open.

Well, I called in and a rep tried to add that AU. She was getting the same issue as I did (failed security check after she sent me a code). She also said they don't have any limits on numbers of AUs. So that card is toast.

So I asked about transferring the CL to a different card (the one I've been aging). She said there was no way to transfer a CL between cards. I did that a couple weeks ago so I know you used to be able to. So I hung up with her and tried thru chat with a different rep. She also said there was no way to transfer between cards. Anyone else hear this?

Hoping I just got two mistaken reps in a row.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 06, 2023, 09:51:37 AM
Ask to be transferred to a credit analyst.  Phone reps won't transfer credit.

https://upgradedpoints.com/finance/reallocate-move-transfer-credit-limits/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 06, 2023, 10:19:45 AM
so Barclays expiration is just difficulty in adding, as opposed to having all your cards with them shutdown and permabanned like Chase does? so suppose having more Barclays cards would only be beneficial

any experience with BoA or Elan do they cancel all your cards also?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on January 06, 2023, 10:52:00 AM
I had 5 BoA cards, only had a few AUs added and all my cards were shut down. Elan does not appear to GAF - I have added dozens of users to two cards and had no issues.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on January 06, 2023, 02:31:32 PM
Elan does not appear to GAF - I have added dozens of users to two cards and had no issues.

Are those cards still active?

I and many others had the Elan Fidelity card cancelled due to AU activity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Unique User on January 07, 2023, 10:29:12 AM
I received the below notification when I tried to add an Authorized User to my Elan Fidelity card.  Anyone else experience this?  I'm going to send them a message to remove all AUs (it's time for my last AU and I'll remove my spouse as well) and ask them what's up.  Not concerned if I lose it, but it's my only non-Chase card right now. 

It looks like your account requires some extra attention.
Please give us a call at 1-888-551-5144 , and one of our customer service representatives will be happy to help.

I had trouble with AUs on my Elan card and ended up getting it closed permanently. Just re-quoted the post to bump it up for you to see. I wouldn't say you necessarily have the same circumstances, but yeah I got shut down on my first AU for the card :/

Thanks for the info.  I've removed all the AUs from my card and put it on hold with the old company.  I'll give it some time and maybe open up a new card to start aging when I get back to the states.  Thanks again.

Would either of you be willing to say if (a) you were or were not using either of the recommended companies? and (b) whether you were following the recommended procedures?

I ask because I am interested in data points and possible trends regarding these sorts of issues.

@Unique User @Archipelago

I only use old company and I was following the recommended procedures.  Not worried if it gets shut down, but expect it is out of commission based on the message I received. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 07, 2023, 11:28:29 AM


I and many others had the Elan Fidelity card cancelled due to AU activity.

I may have asked that before but just to confirm. Those who had their Fidelity cards canceled and also had investment accounts with Fidelity, did they let you keep those investment accounts?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 12, 2023, 02:30:15 PM
Going through my extraneous cards.  Oooo, big word.  They're the ones that aren't accepted by the tradeline companies because they don't report, for example and for me, I got a bonus to get the card initially but they don't give me at least 2% back and I can't use them for low balance forgiveness.  I don't usually ever close cards but the strategy here is first to increase my average credit age as I have a bunch of newer cards in these categories.  Then, it'll reduce my total credit.  The goal is to let this all settle and show up on CreditKarma and then go get credit line increases wherever I can on cards used often in tradeline sales.

Another subject, I do have an Elan (fidelity) card with tradelines being sold and I would expect no connection with Fidelity accounts if they shut it down.  It's not a Fidelity account, really.  In my case, I also don't expect Fidelity is going to say "Oh yah, this guy only has a couple million in our accounts so let's shut him down".  I'd be less surprised to see an employee show up at my house and have a birthday cake with lit candles for my birthday later this month.

Heck, Redneck Bank sent me a Christmas present that included a couple kinds of chocolate, a hat and a fingernail kit.  I'm at the $75k limit there for the (at the moment) 4.25% money market.  It was definitely a surprise.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on January 12, 2023, 03:14:44 PM
“Due to the suspicious authorized user activity on your card, the account will be closed. We have also notified the administrator of your 401(k) accounts of their closures, and you will have to close out your IRA account, and be responsible for any early withdrawal penalties incurred. See IRS.GOV for information.”

I sure hope that wouldn’t happen.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on January 14, 2023, 06:44:31 AM
Has anyone been able to sell tradelines on a Santander card?

They have a decent Bal transfer deal I might want to take advantage of.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on January 14, 2023, 12:05:35 PM


I and many others had the Elan Fidelity card cancelled due to AU activity.

I may have asked that before but just to confirm. Those who had their Fidelity cards canceled and also had investment accounts with Fidelity, did they let you keep those investment accounts?

Yes, my Fidelity card was shut down a few years ago. I had Fidelity investments and at the time and I still have them today. I reapplied for the Fidelity card and got it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 26, 2023, 10:02:47 AM
I have a tax related question. When you started working with tradeline companies, did you share your SSN or EIN with them (so that they can issue 1099s)? Pros and cons of using SSN or EIN in this case? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on January 26, 2023, 11:09:31 AM
I have a tax related question. When you started working with tradeline companies, did you share your SSN or EIN with them (so that they can issue 1099s)? Pros and cons of using SSN or EIN in this case?

I shared my SSN (pretty sure it was required). I receive a 1099 and treat the income like a sole proprietorship business and record the income (and expenses) on a Schedule C.

You could argue it's miscellaneous income, but I think it's clearly a business. It's an activity undertaken to generate a profit. The plus side is you can treat any annual credit card fees as a business expense (Line 10 - Commissions and fees).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 26, 2023, 01:05:26 PM
I also report my income as business income, not misc. I was just wondering if using EIN and having 1099s issued with that EIN as a sole prop would create any additional tax reporting requirements or audit risk
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 26, 2023, 01:21:29 PM
I also report my income as business income, not misc. I was just wondering if using EIN and having 1099s issued with that EIN as a sole prop would create any additional tax reporting requirements or audit risk

No difference as a sole prop.  If you got an EIN for your business, you'd put that in box D at the top of Schedule C, and you'd file the Schedule C with your personal return.

If you don't have an EIN, then just leave that blank on the Schedule C.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on January 28, 2023, 11:21:22 AM
My15 year old C hase with 25k limit still sells 2 slots like clockwork. Haven’t had any other sales on my other 5 cards with old company. Everyone else seeing the same?

On another note, I was curious about my last order. Middle aged guy who lives in Denver.
Checked the house on Redfin. 7 bed 5 bath valued at 2.8 million. Last sold for 1.3 in 2011.
My guess is he is renting a room? No way he needs to hop a Tradeline with that much equity?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frugalnacho on February 11, 2023, 11:35:16 AM
I just had a weird encounter with a synchrony rep.  I added the AU, gave them the name and birthday, and they said they were added.  I requested they add the SSN for security purposes and they refused saying it's not necessary.  This is the first time they have refused to add the SSN.  They didn't give me the opportunity to add the address either.  Hopefully it still posts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 11, 2023, 11:41:51 PM
I just had a weird encounter with a synchrony rep.  I added the AU, gave them the name and birthday, and they said they were added.  I requested they add the SSN for security purposes and they refused saying it's not necessary.  This is the first time they have refused to add the SSN.  They didn't give me the opportunity to add the address either.  Hopefully it still posts.

I've had that happen before (with another issuer, not Synchrony).  HUACA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 13, 2023, 02:04:08 PM
Going through my extraneous cards.  Oooo, big word.  They're the ones that aren't accepted by the tradeline companies because they don't report, for example and for me, I got a bonus to get the card initially but they don't give me at least 2% back and I can't use them for low balance forgiveness.  I don't usually ever close cards but the strategy here is first to increase my average credit age as I have a bunch of newer cards in these categories.  Then, it'll reduce my total credit.  The goal is to let this all settle and show up on CreditKarma and then go get credit line increases wherever I can on cards used often in tradeline sales.

Another subject, I do have an Elan (fidelity) card with tradelines being sold and I would expect no connection with Fidelity accounts if they shut it down.  It's not a Fidelity account, really.  In my case, I also don't expect Fidelity is going to say "Oh yah, this guy only has a couple million in our accounts so let's shut him down".  I'd be less surprised to see an employee show up at my house and have a birthday cake with lit candles for my birthday later this month.

Heck, Redneck Bank sent me a Christmas present that included a couple kinds of chocolate, a hat and a fingernail kit.  I'm at the $75k limit there for the (at the moment) 4.25% money market.  It was definitely a surprise.

Closing a card is not going to change your average age of account until said card drops off your report 10 years after it is closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: g.asunc on February 16, 2023, 03:25:42 PM
Does anyone know if the newerish company is enrolling new cards? I have not heard back from them. The older company emailed me stating they're currently not enrolling.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 17, 2023, 06:11:37 PM
Going through my extraneous cards.  Oooo, big word.  They're the ones that aren't accepted by the tradeline companies because they don't report, for example and for me, I got a bonus to get the card initially but they don't give me at least 2% back and I can't use them for low balance forgiveness.  I don't usually ever close cards but the strategy here is first to increase my average credit age as I have a bunch of newer cards in these categories.  Then, it'll reduce my total credit.  The goal is to let this all settle and show up on CreditKarma and then go get credit line increases wherever I can on cards used often in tradeline sales.

Another subject, I do have an Elan (fidelity) card with tradelines being sold and I would expect no connection with Fidelity accounts if they shut it down.  It's not a Fidelity account, really.  In my case, I also don't expect Fidelity is going to say "Oh yah, this guy only has a couple million in our accounts so let's shut him down".  I'd be less surprised to see an employee show up at my house and have a birthday cake with lit candles for my birthday later this month.

Heck, Redneck Bank sent me a Christmas present that included a couple kinds of chocolate, a hat and a fingernail kit.  I'm at the $75k limit there for the (at the moment) 4.25% money market.  It was definitely a surprise.

Closing a card is not going to change your average age of account until said card drops off your report 10 years after it is closed.

Sorry, that's not correct.  Since my last post, my list of cards on credit karma has dropped all of the cards I closed and my average card age has jumped. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FtWorthAtheist on February 18, 2023, 01:34:13 PM
I've been selling tradelines for over 3 years now, and today for the first time I received an apparent telemarketing call asking for the name of an AU that I just removed from my Capital One card less than a month ago.  Is this expected?  I'm wondering who, other than Capital One, would be associating him with my information.  I understand from prior reading that my address is ending up on AU credit reports, and that's why I frequently get credit card offer mail for former AUs.  But this is the first time I've been aware of my phone number becoming affiliated with AUs, so I'm wondering if there's a way to stop this.  I already get a ton of telemarketing calls.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on February 18, 2023, 01:49:50 PM
I've been selling tradelines for over 3 years now, and today for the first time I received an apparent telemarketing call asking for the name of an AU that I just removed from my Capital One card less than a month ago.  Is this expected?  I'm wondering who, other than Capital One, would be associating him with my information.  I understand from prior reading that my address is ending up on AU credit reports, and that's why I frequently get credit card offer mail for former AUs.  But this is the first time I've been aware of my phone number becoming affiliated with AUs, so I'm wondering if there's a way to stop this.  I already get a ton of telemarketing calls.

I've received a few collections calls for AUs. I just answer that I have no idea who that person is and that's the end of it. They're clearly grasping at straws at that point to call a phone number that associated with an address where the AU has no other record than it briefly showed up on their credit report. Also, I get business calls on my cell phone from people all over the country, so I answer every call with my business name if it's an unknown number. That probably helps tell the collection agency that they've got the wrong number.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 20, 2023, 01:33:14 PM
I've been selling tradelines for over 3 years now, and today for the first time I received an apparent telemarketing call asking for the name of an AU that I just removed from my Capital One card less than a month ago.  Is this expected?  I'm wondering who, other than Capital One, would be associating him with my information.  I understand from prior reading that my address is ending up on AU credit reports, and that's why I frequently get credit card offer mail for former AUs.  But this is the first time I've been aware of my phone number becoming affiliated with AUs, so I'm wondering if there's a way to stop this.  I already get a ton of telemarketing calls.

I get the occasional phone call from a collection agency.  Letters from all kinds of senders.  Collections, offers from Cap One, other random stuff I don't even look at.  Into the fire starter paper bag. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on February 20, 2023, 01:48:44 PM
I had a guy show up with some kind a court notice in hand, looking for one of my former AUs.

Another time, about a year ago, a wrecker showed up in front of my house and two guys knocked on my door asking if another one of my former AUs was at this address... I assume they were car repo dudes!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on February 21, 2023, 01:03:00 PM
I’ve had a couple of repo people show up, and a couple of collection letters (one was for some expensive benz way above my pay grade). Just tell them I have never heard of the person they are looking for, and they just go away.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 21, 2023, 01:06:22 PM
Going through my extraneous cards.  Oooo, big word.  They're the ones that aren't accepted by the tradeline companies because they don't report, for example and for me, I got a bonus to get the card initially but they don't give me at least 2% back and I can't use them for low balance forgiveness.  I don't usually ever close cards but the strategy here is first to increase my average credit age as I have a bunch of newer cards in these categories.  Then, it'll reduce my total credit.  The goal is to let this all settle and show up on CreditKarma and then go get credit line increases wherever I can on cards used often in tradeline sales.

Another subject, I do have an Elan (fidelity) card with tradelines being sold and I would expect no connection with Fidelity accounts if they shut it down.  It's not a Fidelity account, really.  In my case, I also don't expect Fidelity is going to say "Oh yah, this guy only has a couple million in our accounts so let's shut him down".  I'd be less surprised to see an employee show up at my house and have a birthday cake with lit candles for my birthday later this month.

Heck, Redneck Bank sent me a Christmas present that included a couple kinds of chocolate, a hat and a fingernail kit.  I'm at the $75k limit there for the (at the moment) 4.25% money market.  It was definitely a surprise.

Closing a card is not going to change your average age of account until said card drops off your report 10 years after it is closed.

Sorry, that's not correct.  Since my last post, my list of cards on credit karma has dropped all of the cards I closed and my average card age has jumped.

Maybe for Credit Karma...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on February 27, 2023, 11:40:52 AM
didn't need another card for use as I already have 6-8 in my regular rotation to maximize cash back in various categories, but seeing as Barclays seemed to be the most tradeline friendly decided to open another one to season for future listing, most attractive one I found was AARP Travel Rewards https://cards.barclaycardus.com/banking/cards/aarp-travel-rewards-mastercard/

no annual fee, 3% airfare/hotel/car rental, 2% restaurants, no foreign transaction fees, $100 bonus after $500 spend in 90 days

I already use Citi Custom Cash for 5% restaurants and AMEX BCP for 3% travel, but suppose this one could be useful on out of country trips

immediate approval with only 9K limit even with 800+ credit score and >10X income to rent ratio, and my Barclays View has 35K limit, but imagine should be able to get that up rather easily by the time its ready to start selling
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 27, 2023, 12:01:35 PM
Any tips on vetting authorized users if you get orders from new/unknown TL companies or add them directly? For example, how do you make sure that the AU is a real person with a real address and the SSN they provided is their real social? Any online tools (either free or paid) that can be used for that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on February 27, 2023, 12:37:20 PM
Any tips on vetting authorized users if you get orders from new/unknown TL companies or add them directly? For example, how do you make sure that the AU is a real person with a real address and the SSN they provided is their real social? Any online tools (either free or paid) that can be used for that?

The two companies discussed here are supposed to do the verification as part of the sales process. DIY is possible but certainly riskier (and probably ill-advised unless you know the people you're adding).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 27, 2023, 01:19:33 PM
Any tips on vetting authorized users if you get orders from new/unknown TL companies or add them directly? For example, how do you make sure that the AU is a real person with a real address and the SSN they provided is their real social? Any online tools (either free or paid) that can be used for that?

The two companies discussed here are supposed to do the verification as part of the sales process. DIY is possible but certainly riskier (and probably ill-advised unless you know the people you're adding).

That's understood. Everyone has their own risk tolerance

My question is, if you are going to DIY or work with new tl companies, what tools can you use for vetting AUs?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on February 27, 2023, 01:41:42 PM
Any tips on vetting authorized users if you get orders from new/unknown TL companies or add them directly? For example, how do you make sure that the AU is a real person with a real address and the SSN they provided is their real social? Any online tools (either free or paid) that can be used for that?

The two companies discussed here are supposed to do the verification as part of the sales process. DIY is possible but certainly riskier (and probably ill-advised unless you know the people you're adding).

That's understood. Everyone has their own risk tolerance

My question is, if you are going to DIY or work with new tl companies, what tools can you use for vetting AUs?

I would assume the trade line company does some form of vetting, they are supposed to be getting payed before you are.

For DIY? Have the potential AU provide a credit report? Credit Karma account? I don’t know, I wouldn’t have any desire to go down that route, perhaps only if I personally knew the person.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on February 28, 2023, 05:28:14 AM
The right way (official way) is to get set up with the SSA: https://www.ssa.gov/cbsv/
It costs $5,000 so you need volume to justify it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 28, 2023, 09:48:50 AM
Not sure where else to easily look besides Credit Karma....which is so easy.  Went in and removed myself from 2 of my wife's cards as AU.  They've now also dropped from the CK list.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on March 13, 2023, 10:47:48 AM
Well, today Chase sent the dreaded letter about account closure and closed all my accounts.

Reasons given:
"Too many requests for credit or reviews of credit
Account not used as intended"

This is a bummer because a week ago I opened an INK business card after reading they were approving even if over 5/24. It was approved and I received the card. And I've been waiting to go under 5/24 in April to open some new personal cards.

I think it was more the sign up bonuses than number of AUs. This card only had 10 AUs in 5 years and 5 of those were in 2018. It was a good run of credit card, bank account and brokerage sign up bonuses. Guess I'll try again in a couple years.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on March 13, 2023, 10:58:14 AM
My 25k limit 20 year Chase gets 2 every cycle like clockwork last 2 years. I always say this is the end of the line when I add the AU. I have a checking account with direct deposit and try to use the credit card more than just category spend, not sure if that makes any difference.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on March 15, 2023, 11:58:47 AM
Well, today Chase sent the dreaded letter about account closure and closed all my accounts.

Reasons given:
"Too many requests for credit or reviews of credit
Account not used as intended"

This is a bummer because a week ago I opened an INK business card after reading they were approving even if over 5/24. It was approved and I received the card. And I've been waiting to go under 5/24 in April to open some new personal cards.

I think it was more the sign up bonuses than number of AUs. This card only had 10 AUs in 5 years and 5 of those were in 2018. It was a good run of credit card, bank account and brokerage sign up bonuses. Guess I'll try again in a couple years.


has there been history of Chase allowing new accounts or re-opening some years after shutdown? any data on how long, I had thought it was a lifetime/death sentence

had a Freedom closed about 2 years back after netting ~$3K in a yr or so
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 15, 2023, 02:46:27 PM
Well, today Chase sent the dreaded letter about account closure and closed all my accounts.

Reasons given:
"Too many requests for credit or reviews of credit
Account not used as intended"

This is a bummer because a week ago I opened an INK business card after reading they were approving even if over 5/24. It was approved and I received the card. And I've been waiting to go under 5/24 in April to open some new personal cards.

I think it was more the sign up bonuses than number of AUs. This card only had 10 AUs in 5 years and 5 of those were in 2018. It was a good run of credit card, bank account and brokerage sign up bonuses. Guess I'll try again in a couple years.


has there been history of Chase allowing new accounts or re-opening some years after shutdown? any data on how long, I had thought it was a lifetime/death sentence

had a Freedom closed about 2 years back after netting ~$3K in a yr or so

I don't think it's lifetime with Chase, but I don't know of any specific shorter timeframe which is generally accepted.  I'd SWAG a guess that its a few years.  What is generally said about Chase is that they will close all of their banking relationships with you - not just the credit cards but also possibly checking and savings accounts.

I do know that US Bank shut two of my cards down for piggybacking, and I was able to open two new credit cards not that long after.  I posted about that data point earlier in this thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MasterStache on March 16, 2023, 04:55:20 AM
Well, today Chase sent the dreaded letter about account closure and closed all my accounts.

Reasons given:
"Too many requests for credit or reviews of credit
Account not used as intended"

This is a bummer because a week ago I opened an INK business card after reading they were approving even if over 5/24. It was approved and I received the card. And I've been waiting to go under 5/24 in April to open some new personal cards.

I think it was more the sign up bonuses than number of AUs. This card only had 10 AUs in 5 years and 5 of those were in 2018. It was a good run of credit card, bank account and brokerage sign up bonuses. Guess I'll try again in a couple years.

Yikes! That sucks. I dare not risk my Chase relationship. Those UR points have saved us tens of thousands on travel.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on March 16, 2023, 08:54:57 AM
I had my chase cards shut down recently. I applied for a sapphire preferred about a week later and was approved. I did not have a sapphire preferred beforehand.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: almost on March 16, 2023, 12:56:18 PM
I've been selling tradelines and churning bank accounts and credit cards for several years and have recently run into an issue with my credit report. 

I've been trying to open bank accounts over the past year and have been repeatedly denied because I was getting the verification questions wrong.  Questions like where family members have lived, banks I've opened mortgages at, etc.  I've noticed lots of questions about a person who has the same last name as me, but is not in my family.  Let's say his name is Brad Adams and my last name is Adams.  I've been scratching my head for months.  Who the hell is Brad Adams?

Well, I finally figured it out.  I sold a tradeline to Brad Adams on a capital one card almost 3 years ago.  I removed him shortly after, but it seems like the AU history and shared last name is enough to link our credit reports forever...   

Anyone else run into this?  Any suggestions on how to fix it?  It's more of an annoyance than anything.  I'll probably have to roll the dice and cross my fingers every time I open a new account online and hope they don't ask me any questions about Brad Adams.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 16, 2023, 03:54:47 PM
I've been selling tradelines and churning bank accounts and credit cards for several years and have recently run into an issue with my credit report. 

I've been trying to open bank accounts over the past year and have been repeatedly denied because I was getting the verification questions wrong.  Questions like where family members have lived, banks I've opened mortgages at, etc.  I've noticed lots of questions about a person who has the same last name as me, but is not in my family.  Let's say his name is Brad Adams and my last name is Adams.  I've been scratching my head for months.  Who the hell is Brad Adams?

Well, I finally figured it out.  I sold a tradeline to Brad Adams on a capital one card almost 3 years ago.  I removed him shortly after, but it seems like the AU history and shared last name is enough to link our credit reports forever...   

Anyone else run into this?  Any suggestions on how to fix it?  It's more of an annoyance than anything.  I'll probably have to roll the dice and cross my fingers every time I open a new account online and hope they don't ask me any questions about Brad Adams.

My father's and my credit report were similarly intertwined for ages because of same last name and same address.

Two suggestions:

1.  If possible, when adding AUs with your same last name, try to provide the AU physical address if the CC company will take it.  Won't help you with Brad, but will maybe help others and may help you in the future.

2.  Contact the credit bureaus, get a copy of your credit reports, and dispute anything on yours that is associated with Brad - his address, his phone, his former employers, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on March 21, 2023, 06:38:29 PM
Hi all - was curious with Citi cards (or any card for that matter that isn't Barclays): is "seasoning" new cards also recommended or needed regardless of card issuer?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 21, 2023, 08:19:58 PM
Hi all - was curious with Citi cards (or any card for that matter that isn't Barclays): is "seasoning" new cards also recommended or needed regardless of card issuer?

By "seasoning" I assume you mean have the card but just wait to list it for sale with a TL company.  That's how I'm using it in the rest of this post.

Reasons to season:

1.  TL companies will have criteria for what they even will agree to list for sale.  The one I use requires at least six months I think.  So you need to season for at least that long.

2.  Personally I don't find it worth the hassle and risk to add and remove AUs for less than $X.  So I will look at my seasoning cards and if the commission schedule for that issuer and CL is below $X, I will wait to list it.

3.  Similar to #2, Barclays cards are only good for X slots lifetime, so people may want to not waste any of those X slots on low value AU sales.

4.  The other reason to wait to season is if you think for whatever reason that you can get the CL increased to the next commission level while you're seasoning.  Might be worth it to wait.

HTH.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 24, 2023, 09:04:02 AM
Tradeline income would be considered Schedule C earned income right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 24, 2023, 09:33:56 AM
Tradeline income would be considered Schedule C earned income right?

That's what I do.  Depending on facts and circumstances, it might also be Other Income, reported on Schedule 1 line 8z.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 24, 2023, 10:21:20 AM
Seriously considering doing this.  I have a Chase and Bank of America card I could trade line.  I need to try and find a tradeline company who could make use of my Synchony Bank Paypal Mastercard as well as my credit union VISA card.. both  have 10+ years of history.

I am going to go through all 100+ pages of these messages, since this seems so interesting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 24, 2023, 10:51:21 AM
Please edit your post to remove the name of the company you're referring to - we don't want these things showing up on Google searches.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 24, 2023, 10:57:58 AM
Please edit your post to remove the name of the company you're referring to - we don't want these things showing up on Google searches.

Done.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 24, 2023, 12:29:58 PM
Closing a card is not going to change your average age of account until said card drops off your report 10 years after it is closed.

I recently closed a few cards that were less than 3 years old, and according to Credit Karma the following month, it increased my average age from 3.9 years to 6.4 years.  So it appears to affect it immediately.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on March 25, 2023, 06:19:11 AM
I finally got another order email (new company). I logged into the portal for the info and there's no SSN or documents. I emailed them and they said to go ahead and add without SSN. I was going to do it, but then started wondering if they didn't actually do the due diligence since there's no supporting documentation. Just name/address/birthday.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 25, 2023, 09:12:52 AM
Closing a card is not going to change your average age of account until said card drops off your report 10 years after it is closed.

I recently closed a few cards that were less than 3 years old, and according to Credit Karma the following month, it increased my average age from 3.9 years to 6.4 years.  So it appears to affect it immediately.

Order your actual reports from annualcreditreport.com
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 25, 2023, 11:02:19 AM
Order your actual reports from annualcreditreport.com

Okay I just did, it shows the same average credit age as credit karma.  Average age a couple months ago was just under 4 years with credit karma.  Closed a few accounts and now it's around 6.5 years on credit karma.  Shows 6.5 years on the credit report I just got from annualcreditreport.com.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 25, 2023, 02:33:08 PM
Order your actual reports from annualcreditreport.com

Okay I just did, it shows the same average credit age as credit karma.  Average age a couple months ago was just under 4 years with credit karma.  Closed a few accounts and now it's around 6.5 years on credit karma.  Shows 6.5 years on the credit report I just got from annualcreditreport.com.

Interesting. I guess that's an average age of open accounts. Maybe it takes 10 years for the closed account to drop off your report details. And maybe the closed accounts still effect the score. IDK.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on March 25, 2023, 05:56:40 PM
I have a couple USAA cards with high credit limits and a couple Chase cards with high limits. They are up to 14 years old. I am having trouble increasing the credit limit on several of my other cards, and I believe this may be due to the USAA/Chase cards. Does anyone have an opinion as to if I should close the USAA/Chase cards to hopefully be able to increase the limits on my other cards? Or would it be better to keep the cards and request credit limit decreases on them> I haven't been selling spots on the USAA cards, as I've found USAA is a hassle to deal with on the phone. I've also not been selling spots on the Chase cards as I was under the impression that Chase shuts down your cards frequently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 26, 2023, 05:23:13 PM
Here's something I didn't know about.  Clever.  You can call the creditor and ask for a retention offer to keep a card open.  Useful I guess for tradeline sellers since they keep the cards for so long.   

Here's a bookmarked link on youtube where this guy talks about it.
https://youtu.be/BKdEodJN5pA?t=143
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: almost on March 27, 2023, 09:52:36 AM
I have a couple USAA cards with high credit limits and a couple Chase cards with high limits. They are up to 14 years old. I am having trouble increasing the credit limit on several of my other cards, and I believe this may be due to the USAA/Chase cards. Does anyone have an opinion as to if I should close the USAA/Chase cards to hopefully be able to increase the limits on my other cards? Or would it be better to keep the cards and request credit limit decreases on them> I haven't been selling spots on the USAA cards, as I've found USAA is a hassle to deal with on the phone. I've also not been selling spots on the Chase cards as I was under the impression that Chase shuts down your cards frequently.

I have an old USAA card with a high value, but I have stopped listing it for tradelines.  It is too much work, the USAA process is uncomfortable, and my posting success has been about 50%.

I have also had trouble getting credit limit increases.  I did experiment with shifting my spending to a particular card for a quarter, and then requesting a credit limit increase after 3 months.  I was able to get a few, $1,000-$3,000 increases this way.  But then capital one did a review of my account a while later and dropped my credit limit by $10,000.  So the whole process seems fickle and pointless to me now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 27, 2023, 09:56:21 AM
I just setup a repeating calendar event to remind me every 6 months to call all my creditors to ask for a credit line increase.  Is this a good idea?   Can someone with only a $39K net income get credit limits of like $20-25k?   My largest credit limit is $12k with credit union -- too bad that card is desirable to tradeline companies, it has a 10 year history.

EDIT: I just called my credit union and the card services they use is FIS Global which is run by Fidelity.  I heard Fidelity uses Elan?  So is it possible my credit union credit card would be serviced by Elan and I could use for selling tradelines?  Btw, they told me they are switching from FIS to CO-OP for credit card servicing company in the near future.. I know nothing about them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: almost on March 27, 2023, 09:59:46 AM
Capital One has made some changes to their authorized user system.  Now, to add an AU with their SSN you need to give them online access.  With online access the AU can book travel and dining, and do other things.  I'm not sure if they can get a virtual card. 

I did some testing with the travel and dining.  I have a $0 awards balance but I am still able to book travel and dining online through their portal and just have it charged to my card.  I assume the AU would be able to do the same.

I need to list the AU's phone number when adding them, but could use one of my email addresses.  I could also enable all the account alerts so I would get notified if an email or phone number in my profile changed.  I'm a little concerned that an AU could call in, change their online access credentials over the phone, and then be able to spend money before I was able to log in and change things back.  They would have every data point for account verification except the email address.  I have called into banks in the past and updated my profile details over the phone.  I'm not sure this would be any different.

What do you all think of the risk level? Negligible or serious?  Thanks in advance.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 27, 2023, 11:03:15 AM
I just setup a repeating calendar event to remind me every 6 months to call all my creditors to ask for a credit line increase.  Is this a good idea?   Can someone with only a $39K net income get credit limits of like $20-25k?   My largest credit limit is $12k with credit union -- too bad that card is desirable to tradeline companies, it has a 10 year history.

EDIT: I just called my credit union and the card services they use is FIS Global which is run by Fidelity.  I heard Fidelity uses Elan?  So is it possible my credit union credit card would be serviced by Elan and I could use for selling tradelines?  Btw, they told me they are switching from FIS to CO-OP for credit card servicing company in the near future.. I know nothing about them.

At some point you are going to cap your limits for your income. I wouldn't waste hard inquires on CLI's when you could get new account sign up bonuses. Also, CLI's on existing product may make it harder to get approved for new cards if you have too much credit for your income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 27, 2023, 11:46:07 AM
At some point you are going to cap your limits for your income. I wouldn't waste hard inquires on CLI's when you could get new account sign up bonuses. Also, CLI's on existing product may make it harder to get approved for new cards if you have too much credit for your income.
Okay thanks.  All the credit limit increases I've asked for recently all did soft inquiries. I won't bother with those that do hard inquiries.  I didn't realize that higher credit lines on other cards make it harder to get approved for new cards, I thought they just went by the score.  Bummer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 28, 2023, 08:26:18 PM
Now focusing on getting credit cards with banks which are useful for piggybacking; it turns out I only have two relevant cards currently: Chase and BofA -- and I am afraid to use Chase because of the churn-ability of the checking account etc. (don't want a lifetime ban).

I got the Discover It Cashback card the other day -- my first discover card. I really like the rotating 5% categories, the sign up bonus and the double cashback the first year.  A real financial hacker's card: buying sams & walmart giftcards three out of the four quarters.

So here's my question:
Looking into Barclay's now.. and I am thinking the AARP Barclay's card since it has $100 cash sign up bonus as well as $0 annual fee; I don't rarely ever travel and I want to have the card for many years to "season" it for piggy backing -- not paying an annual feel all that time sounds appealing.  What do you think?  Is there a better Barclay's card for my purpose?  I could go with the Barclays AAdvantage card which gives like 60K miles which I guess could perhaps be redeemed for cash as well? Although I am not sure how much.  But that card has a $95 annual fee.

EDIT: I do have about $1000 in medical expenses each year and the AARP card has 2% back on medical expenses.  So I could use this card for those expenses and get better than the 1.5% cashback card I normally use for medical expenses.  So like $5 more per year.  Also using the card for this purpose would keep some activity on the card for higher likelihood of a credit limit increase.

EDIT #2: Hrm, I just watched a youtube video that says Barclays will downgrade cards for you if you want to avoid an annual fee.  So say I start with AAdvantage, and get 60K bonus miles, pay the $95 annual fee.  Just before the year is up I could then downgrade it to AARP Barclay's card.. hopefully with no loss of credit age nor credit limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 28, 2023, 09:38:48 PM
^ @JenniferW

I've never seen any Chase data point showing a lifetime ban for something as modestly against TOS as piggybacking.  If you have, please share.  Chase will close down multiple accounts and maybe even checking/savings, but multiple product closures is not the same thing as a permanent ban.

I don't have any particular opinion on which Barclays card to get.  For me, I weight the piggybacking income more heavily than the features of any particular card.  Sure, if I happen to find a card that has a nice sign up bonus, I'll do that.  But otherwise I don't really care much.

Most of the cards I end up getting these days are almost all of the "$95/$99 fee waived for the first year" variety.  I get them, do the signup bonus (the AA 60K one is one I've done twice I think), downgrade at a year,  then piggyback on them later.  Sometimes I'll do the "fancy $450 for lots of travel perks" ones, because they can be the most lucrative.  But I've been doing this (and other CC games) for a long time and have a large stable of cards already, so I think it's harder for me to get additional cards/credit.

To answer the question implied in your last paragraph, yes, you keep the credit limit and card history when downgrading.  You usually keep the card number too.  They will send you a new physical card and probably all the new account paperwork, but as far as piggybacking goes it works just the way you would hope it would.

As an aside, you should be able to get the AA $60K offer without having to pay the $95 the first year.  Check the language of the offer again, or poke around the web to find a better offer.  It's quite common for issuers to offer the same card with different bonuses and annual fees at the same time - the terms you're offered will depend on which link or affiliate you start from.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 28, 2023, 10:30:59 PM
Thanks for all the tips y'all.  I do have a Citi Custom Cash cards but only about a year of history; I'll mature that one over a few years and get credit limit increased -- I'd really hate to lose it though because I get 5% cash back at Aldi and the awesome discount grocer I go to.

I didn't realize Amex cards were useful for selling tradelines.  Does the old/new tradeline company use them?

I have a question about Barclays AAdvantage card:  when you downgrade the card to another without an annual fee, do you lose the AAdvantage American Airlines miles?  Would be nice to hold onto them and use over like 2 or 3 years. My BF could use to visit his mom.  Barclays is offering me 50k miles and a waived annual fee for the first year.  I'm tempted to apply for the Barclays AAdvantage card but I just applied and was approved for the Discover IT Cashback card just a few days ago.  I have 6 hard inquiries on my Transunion report and 4 on Equifax.

EDIT: I'll have only 3 hard inquiries on TransUnion in Mid June -- three will drop off by then.  Perhaps I'll apply for the Barclays card then.  Then my BF can visit his mom in say July and then May of the following year -- can get 2 round trips w/ the 50k miles; after that then downgrade the card to avoid the annual fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 29, 2023, 12:39:05 AM
^ @JenniferW

You have to decide what your risk tolerance is.  The general rule I follow is to segregate the cards I use for my regular use from the cards I use for piggybacking.  But you don't strictly have to follow that guideline, and there can be situations where it makes sense.

Losing cards happens, but it's not particularly common in my experience.  People post about it on this thread because it's newsworthy, but people don't post when their cards don't get shut down.  Also, I haven't seen many data points, but it does seem that at least some of the time you can get another card with the same issuer shortly afterward.

It boils down to risk / reward really.

...

I think New Company stopped using AMEX a bit ago.  AMEX cards generally weren't posting very consistently IIRC, which is just bad for everyone.  I don't know about Old Company's current rules.

...

To answer your question, when you downgrade, you don't lose any AA miles that you've already earned.  Typically when downgrading, the benefits like mileage accrual or cash back on the no fee card isn't as good as the $95 or $99 a year version; I don't know offhand if that is true specifically for the Barclays AA card but it's a general pattern I've seen.

...

I don't usually worry too much about inquiries.  For me they only drop my score by a few points each, and I've gotten cards approved with more inquiries on my report than you have now.  But it does sort of depend on your overall credit history, and so your experience will probably be different.

One thing that is probably more important is to know what each issuer's rules and limitations are.  For example Chase has a famous 5/24 rule, and other issuers have other limitations on how many cards you can apply for within certain timeframes.  There are lots of websites out there that discuss this sort of stuff; personally I like Doctor of Credit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 29, 2023, 12:45:09 AM
Thanks for all that. Yeah I knew about the 5/24 rule but evidently forgot about it recently (within the past 8 months) and had two unnecessary hard inquiries.  If I just looked at my log in my spreadsheet (I track it all) I could of clearly seen I had more than 5 cards in 24 months.   I know Barclays is 6/24.  Isn't Capital One the same as Chase: 5/24? 

I think it perhaps makes sense to try and get multiple Barclays cards if possible since they don't usually have issues with piggybacking I hear.   But I've heard getting more than one Barclays card is hard to do because they are picky, they want to see a lot of activity on the first barclay's card.   How many Barclay's cards do you have?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 29, 2023, 01:14:40 AM
Thanks for all that. Yeah I knew about the 5/24 rule but evidently forgot about it recently (within the past 8 months) and had two unnecessary hard inquiries.  If I just looked at my log in my spreadsheet (I track it all) I could of clearly seen I had more than 5 cards in 24 months.   I know Barclays is 6/24.  Isn't Capital One the same as Chase: 5/24? 

I think it perhaps makes sense to try and get multiple Barclays cards if possible since they don't usually have issues with piggybacking I hear.   But I've heard getting more than one Barclays card is hard to do because they are picky, they want to see a lot of activity on the first barclay's card.   How many Barclay's cards do you have?

I don't recall offhand.  I'm slowing down on this sort of stuff for various reasons.  I'd just refer you to Doctor of Credit - I think they have a page for each issuer, and Capital One would be one of them.  Whatever rule they have, it's probably there.  Although DOC sometimes is a bit out of date.  You can also try reddit; it tends to be up to date, although there's also a high noise-to-signal ratio.

I just have one Barclays currently.  But it's hit it's lifetime AU max, so I'm hoping to get a new replacement Barclays in a few months.  If/when I do, I'll move all the CL from the old to the new and close the old.  It's not worth anything to me otherwise.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 29, 2023, 01:31:30 AM
I just have one Barclays currently.  But it's hit it's lifetime AU max, so I'm hoping to get a new replacement Barclays in a few months.  If/when I do, I'll move all the CL from the old to the new and close the old.  It's not worth anything to me otherwise.

It's amazing how you can max it and then just downgrade or transfer the credit age/history/limit over to the new barclays card with room for 35 more auths :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on March 29, 2023, 09:42:19 AM
I currently have 3 Barclay cards. That is the most I have had, so not sure if they allow more than that or not. What is important to them is the total amount of credit they offer you. I have had to call before because of an initial decline on an application and have them move some of my available credit from another card to the new one in order for them to approve it. I'm currently looking to add another Barclay, so I will probably have some additional data points to report back in the next couple of weeks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on March 29, 2023, 11:18:04 AM
for those hesitant to list cards they don't want to lose due to risk of closure, consider that nearly all closures are due to a high amount of tradelines being processed as long as you're following the guidelines, meaning the closure will be worth it to you

I had a long history/high limit Chase Freedom closed a year ago (but still have Chase checking acct) though not til after well over a dozen sales netting >$3K over a year or 2 with minimal effort, now think how much I would have needed to use that card for cash back/promos etc over how long to be able to exceed that $3K earned, vs just redirecting to another card
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: therethere on March 29, 2023, 11:32:08 AM
for those hesitant to list cards they don't want to lose due to risk of closure, consider that nearly all closures are due to a high amount of tradelines being processed as long as you're following the guidelines, meaning the closure will be worth it to you

I had a long history/high limit Chase Freedom closed a year ago (but still have Chase checking acct) though not til after well over a dozen sales netting >$3K over a year or 2 with minimal effort, now think how much I would have needed to use that card for cash back/promos etc over how long to be able to exceed that $3K earned, vs just redirecting to another card

I thought Chase typically closes all your credit card accounts though? I make nearly 2-3k/year off Chase via spending promos. So that wouldn't be worth it to me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 29, 2023, 01:42:44 PM
for those hesitant to list cards they don't want to lose due to risk of closure, consider that nearly all closures are due to a high amount of tradelines being processed as long as you're following the guidelines, meaning the closure will be worth it to you

I had a long history/high limit Chase Freedom closed a year ago (but still have Chase checking acct) though not til after well over a dozen sales netting >$3K over a year or 2 with minimal effort, now think how much I would have needed to use that card for cash back/promos etc over how long to be able to exceed that $3K earned, vs just redirecting to another card

I thought Chase typically closes all your credit card accounts though? I make nearly 2-3k/year off Chase via spending promos. So that wouldn't be worth it to me.

How are you getting spending promos that generous?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: therethere on March 29, 2023, 03:04:51 PM
for those hesitant to list cards they don't want to lose due to risk of closure, consider that nearly all closures are due to a high amount of tradelines being processed as long as you're following the guidelines, meaning the closure will be worth it to you

I had a long history/high limit Chase Freedom closed a year ago (but still have Chase checking acct) though not til after well over a dozen sales netting >$3K over a year or 2 with minimal effort, now think how much I would have needed to use that card for cash back/promos etc over how long to be able to exceed that $3K earned, vs just redirecting to another card

I thought Chase typically closes all your credit card accounts though? I make nearly 2-3k/year off Chase via spending promos. So that wouldn't be worth it to me.

How are you getting spending promos that generous?

2-player mode. Referral + Business card bonus transferred to my Sapphire Reserve for the 1.25-1.5x redemption adder. This year they were running a $900 bonus + $200 referral. Adds up to 1375/card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cpmigge on March 29, 2023, 06:27:43 PM
Anybody have issues with receiving payment from the new company? I always have to send an email requesting payment and usually just ask every few months. I let it go longer than usual last year and asked him to send payment in December. Sent a reminder in January as I hadn’t received a response. Yesterday I sent a third request and copied Erica and in this time.

While on the subject, I’ve only ever received a 1099 the first year is started doing this. Did not receive one in 2020 or 2021 and I haven’t seen one for 2022 either.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 29, 2023, 06:38:10 PM
Anybody have issues with receiving payment from the old company? I always have to send an email requesting payment and usually just ask every few months. I let it go longer than usual last year and asked him to send payment in December. Sent a reminder in January as I hadn’t received a response. Yesterday I sent a third request and copied Erica and in this time.

Yes.  It has been mentioned on this (very long) thread a number of times.  Often involving @arebelspy helps.  I don't think you or he should have to go through that though; I think they should just pay on time without hassles.

While on the subject, I’ve only ever received a 1099 the first year is started doing this. Did not receive one in 2020 or 2021 and I haven’t seen one for 2022 either.

No experience with that, but honestly not surprising given the payment issues.

Legally they're supposed to provide you a 1099 by a certain day in the spring each year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 29, 2023, 06:49:00 PM
Anybody have issues with receiving payment from the old company? I always have to send an email requesting payment and usually just ask every few months. I let it go longer than usual last year and asked him to send payment in December. Sent a reminder in January as I hadn’t received a response. Yesterday I sent a third request and copied Erica and in this time.

While on the subject, I’ve only ever received a 1099 the first year is started doing this. Did not receive one in 2020 or 2021 and I haven’t seen one for 2022 either.

Do you mean the NEW company? Because i've been working with the old one for a few years and never had any issues with payments.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: norseman1776 on March 29, 2023, 06:55:26 PM
Has cliff paid anyone since January?  I've emailed multiple times and haven't heard anything.  Normally it only takes one maybe two emails to receive payment.  I haven't been paid for my July thru Oct adds. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on March 29, 2023, 10:00:08 PM
Anybody have issues with receiving payment from the old company? I always have to send an email requesting payment and usually just ask every few months. I let it go longer than usual last year and asked him to send payment in December. Sent a reminder in January as I hadn’t received a response. Yesterday I sent a third request and copied Erica and in this time.
You mean the NEW company, not the old (since you mentioned Erica). Erica is with the new company (as is Cliff). Also the new company is notorious for late/missing payments. The old company works like clockwork.

While on the subject, I’ve only ever received a 1099 the first year is started doing this. Did not receive one in 2020 or 2021 and I haven’t seen one for 2022 either.

They don't send a 1099-NEC if you earn under $600.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: cpmigge on March 30, 2023, 07:46:35 AM
Sorry, I did mean the new company, edited the original post. I just pulled everything up and checked what is still outstanding. Waiting on $1,775 from 2022 and so far have $550 from January 2023.

Regarding the 1099-NEC, I’ve had 1k - 1.5k per year so I definitely should have received one.

I am surprised I haven’t heard back from Erica on Tuesday’s email. She’s generally been very responsive.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 30, 2023, 06:30:07 PM
I just have one Barclays currently.  But it's hit it's lifetime AU max, so I'm hoping to get a new replacement Barclays in a few months.  If/when I do, I'll move all the CL from the old to the new and close the old.  It's not worth anything to me otherwise.

Just wondering if you also sell tradelines with any Discover cards?  How are they compared to Barclays with respect to reporting and not closing out account due to too many auths?  Do they close just a single cards or all your cards with them like Chase?

I plan on getting Barclays card next.  After Discover and Barclay's which would be the next best card to get for selling tradelines?   I alread have Chase, BofA and Citi cards, so want something other than those next. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 30, 2023, 07:45:48 PM
I just have one Barclays currently.  But it's hit it's lifetime AU max, so I'm hoping to get a new replacement Barclays in a few months.  If/when I do, I'll move all the CL from the old to the new and close the old.  It's not worth anything to me otherwise.

Just wondering if you also sell tradelines with any Discover cards?  How are they compared to Barclays with respect to reporting and not closing out account due to too many auths?  Do they close just a single cards or all your cards with them like Chase?

I plan on getting Barclays card next.  After Discover and Barclay's which would be the next best card to get for selling tradelines?   I alread have Chase, BofA and Citi cards, so want something other than those next.

Not yet.  I have one Discover card which is currently seasoning for another 6 months or so before I enroll it.

"Best" is subjective; it depends on what's important to you.  The issuers vary in their shutdown risk, commissions, slot duration, number of slots, ease of getting large lines, ease of adding/removing, and maybe other factors I'm not thinking of at the moment.

Also, people will have different experiences.  US Bank is considered low shutdown risk, but they've shutdown two of my cards.  Some people here have posted about problems with issuers that I've personally never had.  As a broad rule of thumb, my experience is that if I follow all of the guidelines by the TL companies I've worked with, then over 95% of AU slots add, remove, and pay just fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on March 30, 2023, 10:07:47 PM

Just wondering if you also sell tradelines with any Discover cards?  How are they compared to Barclays with respect to reporting and not closing out account due to too many auths?  Do they close just a single cards or all your cards with them like Chase?

.....

I've been using a Discover card since mid-2018. 27 AUs so far. Generally it's good, easy to add and remove online.

The weird thing is that every once in a while, Discover will say I have to wait a few months to add another AU. I was able to add one by calling in even with that warning. And the timing seems flexible. A couple months ago it said I had to wait until late April to add another AU. But that banner disappeared and I was able to add 2 in the last month. It just seems weird.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 30, 2023, 10:48:20 PM
Have y'all seen this guy's video on youtube?  What do you think about what he is saying? He claims buying tradelines is considered fraudulent.  Mortgage fraud etc.  He also says it is no longer effective because lenders ignore the auth tradelines when underwriting.   I watched 75% of the video before stopping.

https://www.youtube.com/watch?v=4z-fSfzRppQ



 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on March 31, 2023, 07:29:39 AM
Have y'all seen this guy's video on youtube?  What do you think about what he is saying? He claims buying tradelines is considered fraudulent.  Mortgage fraud etc.  He also says it is no longer effective because lenders ignore the auth tradelines when underwriting.   I watched 75% of the video before stopping.

https://www.youtube.com/watch?v=4z-fSfzRppQ

Meh. As long as tradeline companies are willing to pay me $150-200 to spend 5 minutes adding and removing an AU, I'll take advantage of it.

It's against the Terms of Service for the credit card companies - but it's not fraud. We're talking about private companies collecting our financial information and then selling it to other private companies. I don't mind getting in the middle of that to extract a few bucks (and potentially mess with their dataset) since their entire business model relies on selling my information that they can collect whether I like it or not.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on March 31, 2023, 04:16:53 PM
re: Discover
I have had the same issue as MoseyingAlong has had... two times, and also have been able to add over the phone.

The other weird thing with Discover is it has stopped reporting to the Credit Bureaus two times also.  The first time was over a year ago, and it took 3-4 phone calls before finally someone at Discover knew what to do. This "supervisor" apparently did some research for me and called me back and said my "Report to credit bureaus" flag was turned off. So it took a few weeks before it started reporting again.

Then, this year I noticed again it stopped reporting to the credit agencies. I checked my Credit Karma and it showed Discover's "Date Reported" was June 6, 2022.  I'm still working to get it reporting again. I've called them a few times, and then they sent me a form via snail mail to fill out and return.  I mailed it back and waited a couple of weeks then called them back. They told me yes we received your form and are removing your "dispute" so you should see reporting again within in 60 days.  Ugh!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on March 31, 2023, 04:20:26 PM
Another thing with Discover, it's been a pain to get my credit limit increased.  I've gotten a couple of other cards in the $30k - $35k range without much effort.
But with Discover, they keep declining my CL increase due to "not enough purchases/balance" on my Discover, or something like that.
I'm only up to $11,500, and the last increase was because I finally decided to call and talk to someone live.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on March 31, 2023, 04:56:21 PM
Another thing with Discover, it's been a pain to get my credit limit increased.  I've gotten a couple of other cards in the $30k - $35k range without much effort.
But with Discover, they keep declining my CL increase due to "not enough purchases/balance" on my Discover, or something like that.
I'm only up to $11,500, and the last increase was because I finally decided to call and talk to someone live.

They started me with an $8,000 credit limit, just got the card today.  Currently $12k is my highest credit limit of all my cards -- my net income is like $39k.   I plan on filling it all the way up since it is 0% APR for 15 months on purchases.   And put the money I would of used to pay it off each month into federal money market instead currently earning 4.75%.   I think when I get it above $7000 I'll try and have them increase it.  I'll keep pushing it up higher and higher and continue to ask for CLI's.  Then a week or two before the promotion ends, I'll withdraw all the principle from the money market and pay off the balance in full.

Then I'll probably do this tactic in the future with other cards, always keeping a 0% APR card on hand if possible for an emergency float if needed.  So it will do two things for me: increase credit limit and also get me lots of interest in money market borrowing the creditors money for free.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: uneven_cyclist on April 06, 2023, 12:16:50 AM
Have folks been able to post AUs/sell tradelines from outside the US?  I'm considering using tradelines as a potential strategy to be able to retire abroad...would this be workable?  I remember reading somewhere--maybe the company/broker?--that it's best to not add AUs from outside the US, but I wanted to ask about it here in case folks have any thoughts/experience.  Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on April 06, 2023, 01:57:28 AM
Has anyone been having issues getting paid by the old company? I have sent several emails requesting payment, with no success. It has been several weeks since my first email, and I have not even received a reply from the individua that handles the payments. This is for orders going back to August of 2022. The most recent order is January 2023. I am used to having to request payment, but they are usually responsive after an email or 2.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: almost on April 06, 2023, 08:10:48 AM
Have folks been able to post AUs/sell tradelines from outside the US?  I'm considering using tradelines as a potential strategy to be able to retire abroad...would this be workable?  I remember reading somewhere--maybe the company/broker?--that it's best to not add AUs from outside the US, but I wanted to ask about it here in case folks have any thoughts/experience.  Thanks!

I've done it several times with no issues.  The cards got mailed to my address on file in the US.  You can get a subscription VPN service like https://www.expressvpn.com/ if you're worried about security or if your bank's website won't let you access your account from a foreign location. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 06, 2023, 09:45:41 AM
Have folks been able to post AUs/sell tradelines from outside the US?  I'm considering using tradelines as a potential strategy to be able to retire abroad...would this be workable?  I remember reading somewhere--maybe the company/broker?--that it's best to not add AUs from outside the US, but I wanted to ask about it here in case folks have any thoughts/experience.  Thanks!

Tradeline sales works on US issued credit cards.  All AUs I've added have been US citizens with US addresses and SSNs.  I did add one AU when I was on vacation in a foreign country; to do so I think I used Google voice to make the phone call IIRC.

If you met the above requirements, I think it would work.  Many US expats maintain a US mailing address, either through family or a mailing service.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on April 06, 2023, 11:37:11 AM
Has anyone been having issues getting paid by the old company? I have sent several emails requesting payment, with no success. It has been several weeks since my first email, and I have not even received a reply from the individua that handles the payments. This is for orders going back to August of 2022. The most recent order is January 2023. I am used to having to request payment, but they are usually responsive after an email or 2.

Are you set up as a contractor for direct deposit pay with the Paychex system they have in place? That's how I've been getting paid and it's been prompt each time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on April 06, 2023, 12:05:07 PM
I really want the USBank Cash+ card for the 5% back on Home Utilities -- it's the only card I know of that does this.  It is serviced by Elan I believe, just as the Fidelity 2% cashback card is also serviced by Elan.

A tradeline company I am currently talking to, said they don't accept USBank but do accept Elan.   They said most of the people use the Fidelity 2% cashback card when it comes to Elan cards.  They said it "reports" as Elan on the credit report.

Does anyone know if the USBank Cash+ card also reports as Elan on the credit report or just USBank?

Really want the USbank Cash+ card for the cashback on utilities and to season it ultimately for piggybacking.

There are also several credit unions with the same card -- same features as USBank Cash+ card -- called "Max Cash Preferred" usually, serviced by Elan. A local bank here in my state offers one.  I wonder how these report on the credit reports.  Anyone have experience with this?  It might be easier to get the one at the credit union if I open an account there etc.. and to qualify for it; I've heard USbank is very strict.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on April 06, 2023, 01:08:00 PM
There are also several credit unions with the same card -- same features as USBank Cash+ card -- called "Max Cash Preferred" usually, serviced by Elan. A local bank here in my state offers one.  I wonder how these report on the credit reports.  Anyone have experience with this?  It might be easier to get the one at the credit union if I open an account there etc.. and to qualify for it; I've heard USbank is very strict.

I have an Elan Max Cash Preferred card through a local/regional bank. I was able to use it with another tradeline company (not the new or the old) and just switched it over to the old company. I haven't sold any tradelines on it yet but it is listed as active in the portal as "Fidelity/Elan". Funny enough, that card actually has my highest CL ($25k) though I've barely used it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on April 06, 2023, 01:12:33 PM
I have two Associated Bank cards that report as Elan, they work fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 06, 2023, 04:39:29 PM
I really want the USBank Cash+ card for the 5% back on Home Utilities -- it's the only card I know of that does this.  It is serviced by Elan I believe, just as the Fidelity 2% cashback card is also serviced by Elan.

A tradeline company I am currently talking to, said they don't accept USBank but do accept Elan.   They said most of the people use the Fidelity 2% cashback card when it comes to Elan cards.  They said it "reports" as Elan on the credit report.

Does anyone know if the USBank Cash+ card also reports as Elan on the credit report or just USBank?

Really want the USbank Cash+ card for the cashback on utilities and to season it ultimately for piggybacking.

There are also several credit unions with the same card -- same features as USBank Cash+ card -- called "Max Cash Preferred" usually, serviced by Elan. A local bank here in my state offers one.  I wonder how these report on the credit reports.  Anyone have experience with this?  It might be easier to get the one at the credit union if I open an account there etc.. and to qualify for it; I've heard USbank is very strict.

My US Bank cards are serviced by, and reported as, US Bank.  I believe this is true of all US Bank credit cards.  You can check for sure by looking at the fine print on the credit card offering page or paperwork; it will say "Credit card issued by US Bancorp NA" or "Credit card issued by Elan Financial Services."

The Fidelity 2% cash back card is issued, and reported as, Elan Financial.

Those credit cards issued by credit unions are probably issued by, and report as, Elan Financial.

US Bank is not strict.  They just have rules that you have to follow in order to have a decent chance of success as an applicant.  You can read the (potentially-slightly-out-of-date) rules at https://www.doctorofcredit.com/things-everybody-should-know-about-us-bank-credit-cards.

Old company accepts both US Bank and Elan.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on April 06, 2023, 09:49:51 PM
Has anyone been having issues getting paid by the old company? I have sent several emails requesting payment, with no success. It has been several weeks since my first email, and I have not even received a reply from the individua that handles the payments. This is for orders going back to August of 2022. The most recent order is January 2023. I am used to having to request payment, but they are usually responsive after an email or 2.

The new company is known for being slow at paying. Is that the one you mean? Cliff and Erica? I had the same experience with them. Some posters had to get Arebelspy to ask on their behalf.

The Old Company works great automatically (Leslie).  I haven't heard of any problems with their payment system.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frogstomp81 on April 07, 2023, 05:46:01 PM
Yes, I was mistaken. It is the new company that I am having the issue with. Thanks, I will see if Arebelspy can help me out.

Has anyone been having issues getting paid by the old company? I have sent several emails requesting payment, with no success. It has been several weeks since my first email, and I have not even received a reply from the individua that handles the payments. This is for orders going back to August of 2022. The most recent order is January 2023. I am used to having to request payment, but they are usually responsive after an email or 2.

The new company is known for being slow at paying. Is that the one you mean? Cliff and Erica? I had the same experience with them. Some posters had to get Arebelspy to ask on their behalf.

The Old Company works great automatically (Leslie).  I haven't heard of any problems with their payment system.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on April 10, 2023, 11:52:14 AM
Has anyone else been told by PNC that there is a maximum of 5 authorized users that can be added within a 12 month period? Is this new?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on April 11, 2023, 05:42:23 AM
Has anyone been having issues getting paid by the old company? I have sent several emails requesting payment, with no success. It has been several weeks since my first email, and I have not even received a reply from the individua that handles the payments. This is for orders going back to August of 2022. The most recent order is January 2023. I am used to having to request payment, but they are usually responsive after an email or 2.

Yah, if you're talking the new company (which I think you are), where Cliff is the guy who handles payments, I go over a year without being paid.  One of my recent emails suggested that they get someone new to do payments.  My last 2 times getting paid only happened because Joe saw my post and talked with Cliff.  I'm currently on a "not being paid" spell but will probably wait until I haven't been paid into next year for tax reasons.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on April 11, 2023, 10:32:14 AM
I have several cards in the tradeslines mix, and one of them is US Bank. I also have my mortgage with them, with a very good rate.
If they happen to shut down my CC, could they possibly terminate my mortgage?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 11, 2023, 12:38:29 PM
I have several cards in the tradeslines mix, and one of them is US Bank. I also have my mortgage with them, with a very good rate.
If they happen to shut down my CC, could they possibly terminate my mortgage?

That is a legal question.  I'm not a lawyer.

It would depend on the terms of the mortgage contract you signed.  You should have received a signed copy of it at closing.  You and your attorney would have to review it to see what it says about such situations.

My opinion only, it would be extraordinarily unlikely.

As a possibly helpful data point, US Bank shut down two of my credit cards for piggybacking perhaps a year or two ago.  They did not close my US Bank checking account or US Bank line of credit.  They also approved me for two more cards several months later.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: PJC74 on April 11, 2023, 08:28:21 PM
Appreciate that data point.
It’s only a 12k card so I may take it out of the rotation as the risk doesn’t justify the reward.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Gogore on April 13, 2023, 12:41:00 PM
Has anyone else been told by PNC that there is a maximum of 5 authorized users that can be added within a 12 month period? Is this new?

This just happened to me on two adds.  I've added 2 clients per month like clock work for the past 18 months.  PNC might be a bust now. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on April 13, 2023, 03:20:05 PM
Has anyone else been told by PNC that there is a maximum of 5 authorized users that can be added within a 12 month period? Is this new?

This just happened to me on two adds.  I've added 2 clients per month like clock work for the past 18 months.  PNC might be a bust now.

Did you try calling in to add? I got the 5 user limit per year via secure message.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 15, 2023, 10:33:30 AM
Any recent data points on downgrading premium Barclays cards to a free card after the first year? Particularly for co-brand cards (Emirates, Lufthansa etc) that don't have no annual fee versions (unlike JetBlue for example). I remember i tried to downgrade one of my premium cards a few years ago and couldn't do it because it had to be with the same co brand partner.

Also the same question about downgrading to free bank of america cards (for ex. Premium rewards with $100 annual fee to something else).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on April 16, 2023, 02:02:11 PM
Any recent data points on downgrading premium Barclays cards to a free card after the first year? Particularly for co-brand cards (Emirates, Lufthansa etc) that don't have no annual fee versions (unlike JetBlue for example). I remember i tried to downgrade one of my premium cards a few years ago and couldn't do it because it had to be with the same co brand partner.

Also the same question about downgrading to free bank of america cards (for ex. Premium rewards with $100 annual fee to something else).

Your best bet is to call them up and ask. Say you want to stay with them but don't use the card enough to justify paying the annual fee. In my experience CC companies are pretty willing to offer another product.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: uneven_cyclist on April 16, 2023, 11:37:27 PM
Have folks been able to post AUs/sell tradelines from outside the US?  I'm considering using tradelines as a potential strategy to be able to retire abroad...would this be workable?  I remember reading somewhere--maybe the company/broker?--that it's best to not add AUs from outside the US, but I wanted to ask about it here in case folks have any thoughts/experience.  Thanks!

Tradeline sales works on US issued credit cards.  All AUs I've added have been US citizens with US addresses and SSNs.  I did add one AU when I was on vacation in a foreign country; to do so I think I used Google voice to make the phone call IIRC.

If you met the above requirements, I think it would work.  Many US expats maintain a US mailing address, either through family or a mailing service.

Okay got it, thanks for the info about maintaining a US mailing address through family/mailing service + calling in through google voice.  I have been adding cards to the mix and selling tradelines for the past couple of years and it seems like this could work as a viable side hustle while living as an expat, but I would want to be sure to have my system dialed in, both for adding/removing AUs as well as for setting up/closing/maintaining accounts.  I appreciate the feedback.  I would welcome any other thoughts/suggestions if folks have gone through a similar process as well, thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: mnloeb on April 17, 2023, 11:00:05 AM
I've added tradelines when in Mexico...and haven't had an issue (this is with the old company, for what it's worth). The process has been as seamless as if I was adding tradelines in the States.

On that note, the old company has been great—Leslie's responsiveness, thorough vetting of the AUs. I can't recommend them enough. Super professional.

I am looking to add tradelines to my AMEX/WF cards...with the old company not accepting these cards, I was going to reach out to the new company. I don't have Cliff and/or Erica's email. Could someone PM their contact info? Big thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on April 17, 2023, 11:10:41 AM
I don't think any companies out there will enroll AMEX or WF, one of the new/old (forgot which is which) started taking AMEX for a while but discontinued sales on them earlier this year due to inconsistent reporting. and I'd think WF is just too messy of a bank for any to deal with
if anyone else has found a company that takes them let us know
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on April 17, 2023, 06:01:48 PM
I don't think any companies out there will enroll AMEX or WF, one of the new/old (forgot which is which) started taking AMEX for a while but discontinued sales on them earlier this year due to inconsistent reporting. and I'd think WF is just too messy of a bank for any to deal with
if anyone else has found a company that takes them let us know

I work with a different company that takes WF. Although I have only seen 1 WF slot sell in the past 6 months, so I don't know how much volume you might get.

You can DM me if interested and happy to refer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on April 19, 2023, 09:45:02 AM
Has anyone else been told by PNC that there is a maximum of 5 authorized users that can be added within a 12 month period? Is this new?

This just happened to me on two adds.  I've added 2 clients per month like clock work for the past 18 months.  PNC might be a bust now.

Did you try calling in to add? I got the 5 user limit per year via secure message.

I got the same message through secure messaging. I was able to call in to add without an issue. Worries me that they are starting to crack down though.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on April 20, 2023, 01:52:18 PM
A potential blow to the tradeline industry:
https://americanmilitarynews.com/2023/04/biden-forcing-good-credit-homebuyers-to-pay-higher-fees-to-subsidize-bad-credit-homebuyers/
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on April 20, 2023, 01:59:21 PM
A potential blow to the tradeline industry:
https://americanmilitarynews.com/2023/04/biden-forcing-good-credit-homebuyers-to-pay-higher-fees-to-subsidize-bad-credit-homebuyers/

Once you get past the hyperbole in the headlines the actual difference is raising the fee on certain federal backed mortgage programs by 12.5 basis points (1/8th of a percent) for borrowers at the top end of the credit score range. A lower credit score still has a higher fee. It's a whole matrix based on credit score and loan to value.

Higher credit score is always going to equal lower rates when taken as a whole. Especially if you're going from the 500s or 600s up into the 700s.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on April 20, 2023, 02:08:47 PM
A potential blow to the tradeline industry:
https://americanmilitarynews.com/2023/04/biden-forcing-good-credit-homebuyers-to-pay-higher-fees-to-subsidize-bad-credit-homebuyers/

Once you get past the hyperbole in the headlines the actual difference is raising the fee on certain federal backed mortgage programs by 12.5 basis points (1/8th of a percent) for borrowers at the top end of the credit score range. A lower credit score still has a higher fee. It's a whole matrix based on credit score and loan to value.

Higher credit score is always going to equal lower rates when taken as a whole. Especially if you're going from the 500s or 600s up into the 700s.

Of course you are correct, but this may be just the start of the slippery slope of weakening the importance of credit scores in the name of equity.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: zolotiyeruki on April 20, 2023, 02:36:56 PM
A potential blow to the tradeline industry:
https://americanmilitarynews.com/2023/04/biden-forcing-good-credit-homebuyers-to-pay-higher-fees-to-subsidize-bad-credit-homebuyers/

Once you get past the hyperbole in the headlines the actual difference is raising the fee on certain federal backed mortgage programs by 12.5 basis points (1/8th of a percent) for borrowers at the top end of the credit score range. A lower credit score still has a higher fee. It's a whole matrix based on credit score and loan to value.

Higher credit score is always going to equal lower rates when taken as a whole. Especially if you're going from the 500s or 600s up into the 700s.
Take a closer look at tables (look at the first graph on page 2 of the source (https://singlefamily.fanniemae.com/media/9391/display)).  While people with higher credit scores will always pay lower interest than those with lower credit scores, look across the table.  You'll see that people with low credit scores and only 3% down will pay a full percent less interest than someone with the same credit score but 20% down.  The old matrix was at least consistent with the realities of risk assessment:  lower credit scores and higher LTV are higher risk, and should require higher interest rates as a result.  That's the entire purpose of the matrix.  That the current administration has twisted it for political purposes is revolting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on April 20, 2023, 02:52:07 PM
Hmmmm, the encouragement of riskier mortgages. Where have I heard that before?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 20, 2023, 05:12:30 PM
Hmmmm, the encouragement of riskier mortgages. Where have I heard that before?

Then they'll default on those mortgages and need more tradelines to improve their credit scores.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on April 21, 2023, 02:52:13 PM
A potential blow to the tradeline industry:
https://americanmilitarynews.com/2023/04/biden-forcing-good-credit-homebuyers-to-pay-higher-fees-to-subsidize-bad-credit-homebuyers/

Rewarding failure

Punishing success
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 21, 2023, 03:02:50 PM
A potential blow to the tradeline industry:
https://americanmilitarynews.com/2023/04/biden-forcing-good-credit-homebuyers-to-pay-higher-fees-to-subsidize-bad-credit-homebuyers/

Rewarding failure

Punishing success

Aren't we so lucky to have this leadership... what a #$%$* hole this country is becoming.

I don't mind the political commentary, but can we please keep this thread focused on piggybacking?  I would appreciate a separate thread on the politics (there are a number of them here).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on April 21, 2023, 03:07:55 PM
Sorry!  Got a little carried away there :-)

Removed political commentary
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on April 26, 2023, 03:37:27 PM
Anyone here have a BMO Harris Bank Mastercard and selling spots on it? Just got my wife approved for one - curious to know how strict they are with all of this. Was wondering the same for Fidelity (I recently got the Fidelity Visa card). I think I saw one or two ppl get their accounts closed but they aren't sure if it was the tradeline sales that led to the closure or if it was due to opening another card under Elan... has anyone recently sold tradelines via Fidelity ?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 26, 2023, 03:53:25 PM
Anyone here have a BMO Harris Bank Mastercard and selling spots on it? Just got my wife approved for one - curious to know how strict they are with all of this. Was wondering the same for Fidelity (I recently got the Fidelity Visa card). I think I saw one or two ppl get their accounts closed but they aren't sure if it was the tradeline sales that led to the closure or if it was due to opening another card under Elan... has anyone recently sold tradelines via Fidelity ?

I only work with Old Company now.  They don't accept BMO Harris according to my latest copy of their FAQ, so I don't have a BMO Harris card and am obviously not selling spots on a card I don't have.

I have the Fidelity Visa card and it's currently seasoning until October when it hits 2 years of age.  I'm currently deciding whether or not to sell tradelines on it.  It is my daily driver and I like the 2% cash back into my Fidelity HSA.  As of today I probably will sell spots on it, as the piggybacking income would exceed the 2% cash back after about three slots.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on April 26, 2023, 04:05:18 PM
Anyone here have a BMO Harris Bank Mastercard and selling spots on it? Just got my wife approved for one - curious to know how strict they are with all of this. Was wondering the same for Fidelity (I recently got the Fidelity Visa card). I think I saw one or two ppl get their accounts closed but they aren't sure if it was the tradeline sales that led to the closure or if it was due to opening another card under Elan... has anyone recently sold tradelines via Fidelity ?

I only work with Old Company now.  They don't accept BMO Harris according to my latest copy of their FAQ, so I don't have a BMO Harris card and am obviously not selling spots on a card I don't have.

I have the Fidelity Visa card and it's currently seasoning until October when it hits 2 years of age.  I'm currently deciding whether or not to sell tradelines on it.  It is my daily driver and I like the 2% cash back into my Fidelity HSA.  As of today I probably will sell spots on it, as the piggybacking income would exceed the 2% cash back after about three slots.

I inquired with one company I work with now and they said they don't for BMO Harris. I'm assuming most don't... for the 2% CB, there's an option to direct the earnings straight into your HSA? Is this something you do in lieu of or supplemental to your work HSA (if you have one)? I had never thought of this - is there some added benefit doing it this way other than it being a more convenient way to redirect cashback?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 26, 2023, 05:16:26 PM
Anyone here have a BMO Harris Bank Mastercard and selling spots on it? Just got my wife approved for one - curious to know how strict they are with all of this. Was wondering the same for Fidelity (I recently got the Fidelity Visa card). I think I saw one or two ppl get their accounts closed but they aren't sure if it was the tradeline sales that led to the closure or if it was due to opening another card under Elan... has anyone recently sold tradelines via Fidelity ?

I only work with Old Company now.  They don't accept BMO Harris according to my latest copy of their FAQ, so I don't have a BMO Harris card and am obviously not selling spots on a card I don't have.

I have the Fidelity Visa card and it's currently seasoning until October when it hits 2 years of age.  I'm currently deciding whether or not to sell tradelines on it.  It is my daily driver and I like the 2% cash back into my Fidelity HSA.  As of today I probably will sell spots on it, as the piggybacking income would exceed the 2% cash back after about three slots.

I inquired with one company I work with now and they said they don't for BMO Harris. I'm assuming most don't... for the 2% CB, there's an option to direct the earnings straight into your HSA? Is this something you do in lieu of or supplemental to your work HSA (if you have one)? I had never thought of this - is there some added benefit doing it this way other than it being a more convenient way to redirect cashback?

Yes, if you direct the 2% into a Fidelity account, then you get a better deal than straight cash back.  I suppose one could do a Fidelity taxable account, but my taxable is with Vanguard and my HSA is with Fidelity so I just have it set up to autodeposit into my Fidelity HSA.

I'm retired so I don't have a work HSA.

The benefits are (1) better redemption on the 2% than I would otherwise get if I just cashed out, (2) I can take a tax deduction for my contributions to my HSA, and (3) all of the typical HSA benefits (tax deferral, tax free distributions for medical, etc.)

Fidelity HSA invested in VTI has had zero fees of any kind and perfect execution of my requests.  I'm a fan of the product.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on April 26, 2023, 05:25:03 PM
Anyone here have a BMO Harris Bank Mastercard and selling spots on it? Just got my wife approved for one - curious to know how strict they are with all of this. Was wondering the same for Fidelity (I recently got the Fidelity Visa card). I think I saw one or two ppl get their accounts closed but they aren't sure if it was the tradeline sales that led to the closure or if it was due to opening another card under Elan... has anyone recently sold tradelines via Fidelity ?

I only work with Old Company now.  They don't accept BMO Harris according to my latest copy of their FAQ, so I don't have a BMO Harris card and am obviously not selling spots on a card I don't have.

I have the Fidelity Visa card and it's currently seasoning until October when it hits 2 years of age.  I'm currently deciding whether or not to sell tradelines on it.  It is my daily driver and I like the 2% cash back into my Fidelity HSA.  As of today I probably will sell spots on it, as the piggybacking income would exceed the 2% cash back after about three slots.

I inquired with one company I work with now and they said they don't for BMO Harris. I'm assuming most don't... for the 2% CB, there's an option to direct the earnings straight into your HSA? Is this something you do in lieu of or supplemental to your work HSA (if you have one)? I had never thought of this - is there some added benefit doing it this way other than it being a more convenient way to redirect cashback?

Yes, if you direct the 2% into a Fidelity account, then you get a better deal than straight cash back.  I suppose one could do a Fidelity taxable account, but my taxable is with Vanguard and my HSA is with Fidelity so I just have it set up to autodeposit into my Fidelity HSA.

I'm retired so I don't have a work HSA.

The benefits are (1) better redemption on the 2% than I would otherwise get if I just cashed out, (2) I can take a tax deduction for my contributions to my HSA, and (3) all of the typical HSA benefits (tax deferral, tax free distributions for medical, etc.)

Fidelity HSA invested in VTI has had zero fees of any kind and perfect execution of my requests.  I'm a fan of the product.

What how is it a better deal going into the HSA/Fidelity account vs cash back? I thought you get 2% cashback regardless... do you get less than 2% if you cash out?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 26, 2023, 06:45:04 PM
do you get less than 2% if you cash out?

My recollection is that if one does a straight cash out, it is only 1%.  But it's been a year or so since I looked at it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 26, 2023, 07:01:35 PM


Yes, if you direct the 2% into a Fidelity account, then you get a better deal than straight cash back.  I suppose one could do a Fidelity taxable account, but my taxable is with Vanguard and my HSA is with Fidelity so I just have it set up to autodeposit into my Fidelity HSA.

I'm retired so I don't have a work HSA.

The benefits are (1) better redemption on the 2% than I would otherwise get if I just cashed out, (2) I can take a tax deduction for my contributions to my HSA, and (3) all of the typical HSA benefits (tax deferral, tax free distributions for medical, etc.)

Fidelity HSA invested in VTI has had zero fees of any kind and perfect execution of my requests.  I'm a fan of the product.

Do you have to have a high deductible health insurance plan that qualifies for HSA contributions to be able to transfer Fidelity card points to Fidelity HSA the same year? Because I also have a Fidelity HSA account but i'm not eligible to make HSA contributions so I haven't transferred any points from my Fidelity card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 26, 2023, 07:43:16 PM


Yes, if you direct the 2% into a Fidelity account, then you get a better deal than straight cash back.  I suppose one could do a Fidelity taxable account, but my taxable is with Vanguard and my HSA is with Fidelity so I just have it set up to autodeposit into my Fidelity HSA.

I'm retired so I don't have a work HSA.

The benefits are (1) better redemption on the 2% than I would otherwise get if I just cashed out, (2) I can take a tax deduction for my contributions to my HSA, and (3) all of the typical HSA benefits (tax deferral, tax free distributions for medical, etc.)

Fidelity HSA invested in VTI has had zero fees of any kind and perfect execution of my requests.  I'm a fan of the product.

Do you have to have a high deductible health insurance plan that qualifies for HSA contributions to be able to transfer Fidelity card points to Fidelity HSA the same year? Because I also have a Fidelity HSA account but i'm not eligible to make HSA contributions so I haven't transferred any points from my Fidelity card.

Yes, I do.  It's an ACA Bronze HSA compatible plan.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on April 26, 2023, 11:45:20 PM
do you get less than 2% if you cash out?

My recollection is that if one does a straight cash out, it is only 1%.  But it's been a year or so since I looked at it.

Hm, I thought it was 2% straight regardless - I better check now!!!

If not, then I think I may modify my HSA work contributions moving forward (I've already maxxed it out for the year so it'll have to be for 2024) to account for the 2% CB through Fidelity if in fact I only get 1% of it on the cash out.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on April 27, 2023, 09:01:22 AM
Is anyone else having trouble getting on to Elan’s Fidelity credit card website today? My card is not showing up on my Fidelity account. I thought maybe they closed it, so I tried calling in and the automated system seems to indicate it’s still open.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 27, 2023, 09:54:01 AM
Is anyone else having trouble getting on to Elan’s Fidelity credit card website today? My card is not showing up on my Fidelity account. I thought maybe they closed it, so I tried calling in and the automated system seems to indicate it’s still open.

Worked for me just now via fidelity.com -> log in -> portfolio -> credit cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on April 27, 2023, 10:20:45 AM
do you get less than 2% if you cash out?

My recollection is that if one does a straight cash out, it is only 1%.  But it's been a year or so since I looked at it.

I just took another look at the options - if I were to get a statement credit, it seems like the rewards map based on what I earned? So as of today, I earned the $150 bonus (which shows as 15000 points) and then spent another $2000+ or so which added just under 4500 points. When I go to redeem the statement credit, it tells me 2500 points are worth $12.50, which I think still maintains 2% CB. I wouldn't think they would change the dollar-point ratio as that would impact the % CB they claim. Of course, gift cards are another story but that's different regardless (many CC rewards offer a bigger payout via "gift card sales" - where you can stretch your points a longer way when redeeming for certain GCs).

I'm *assuming* that whether you deposit straight to an HSA or statement credit, the point-cash valuation is the same no? So 2500 points deposited/converted to HSA is still $12.50 - or are you saying that the point-cash value is actually different with HSA, etc?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 27, 2023, 02:13:27 PM
do you get less than 2% if you cash out?

My recollection is that if one does a straight cash out, it is only 1%.  But it's been a year or so since I looked at it.

I just took another look at the options - if I were to get a statement credit, it seems like the rewards map based on what I earned? So as of today, I earned the $150 bonus (which shows as 15000 points) and then spent another $2000+ or so which added just under 4500 points. When I go to redeem the statement credit, it tells me 2500 points are worth $12.50, which I think still maintains 2% CB. I wouldn't think they would change the dollar-point ratio as that would impact the % CB they claim. Of course, gift cards are another story but that's different regardless (many CC rewards offer a bigger payout via "gift card sales" - where you can stretch your points a longer way when redeeming for certain GCs).

I'm *assuming* that whether you deposit straight to an HSA or statement credit, the point-cash valuation is the same no? So 2500 points deposited/converted to HSA is still $12.50 - or are you saying that the point-cash value is actually different with HSA, etc?

On my last statement, I spent $1,412.10 and was awarded 2,824 points.  Those 2,824 points deposited into my Fidelity HSA will be worth $28.24.  If I cashed them out instead, I would receive $14.12.

If you cash out your 2500 points for $12.50, that makes the value of the points 0.5 CPP.  0.5 CPP on a 2% card is equivalent to 1% cash back.

Your assumption in the last paragraph does not match my experience, and the value I receive varies by a factor of two depending on whether I cash them out or deposit them into a Fidelity account (an HSA in my particular case).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on April 27, 2023, 02:30:43 PM
do you get less than 2% if you cash out?

My recollection is that if one does a straight cash out, it is only 1%.  But it's been a year or so since I looked at it.

I just took another look at the options - if I were to get a statement credit, it seems like the rewards map based on what I earned? So as of today, I earned the $150 bonus (which shows as 15000 points) and then spent another $2000+ or so which added just under 4500 points. When I go to redeem the statement credit, it tells me 2500 points are worth $12.50, which I think still maintains 2% CB. I wouldn't think they would change the dollar-point ratio as that would impact the % CB they claim. Of course, gift cards are another story but that's different regardless (many CC rewards offer a bigger payout via "gift card sales" - where you can stretch your points a longer way when redeeming for certain GCs).

I'm *assuming* that whether you deposit straight to an HSA or statement credit, the point-cash valuation is the same no? So 2500 points deposited/converted to HSA is still $12.50 - or are you saying that the point-cash value is actually different with HSA, etc?

On my last statement, I spent $1,412.10 and was awarded 2,824 points.  Those 2,824 points deposited into my Fidelity HSA will be worth $28.24.  If I cashed them out instead, I would receive $14.12.

If you cash out your 2500 points for $12.50, that makes the value of the points 0.5 CPP.  0.5 CPP on a 2% card is equivalent to 1% cash back.

Your assumption in the last paragraph does not match my experience, and the value I receive varies by a factor of two depending on whether I cash them out or deposit them into a Fidelity account (an HSA in my particular case).

Ah ok. Thanks for clarifying. I'm sure they do this intentionally to cause confusion hahaha. If I were to transfer the $ into my Fidelity non-HSA cash account would I maintain the 2% then?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 27, 2023, 02:39:42 PM
On my last statement, I spent $1,412.10 and was awarded 2,824 points.  Those 2,824 points deposited into my Fidelity HSA will be worth $28.24.  If I cashed them out instead, I would receive $14.12.

If you cash out your 2500 points for $12.50, that makes the value of the points 0.5 CPP.  0.5 CPP on a 2% card is equivalent to 1% cash back.

Your assumption in the last paragraph does not match my experience, and the value I receive varies by a factor of two depending on whether I cash them out or deposit them into a Fidelity account (an HSA in my particular case).

Ah ok. Thanks for clarifying. I'm sure they do this intentionally to cause confusion hahaha. If I were to transfer the $ into my Fidelity non-HSA cash account would I maintain the 2% then?

I think they do it that way to retain assets under management.

As to your question, probably.  But they should make it pretty clear on the rewards redemption part of the website.  It seemed pretty clear to me.

FWIW, I have it set up to auto redeem into my HSA every month.  You can probably set it up to auto-redeem into your Fidelity account.  They won't auto-invest it, though; I think it just goes into your cash/sweep/settlement.  So I just go in every month and manually invest whatever cash has piled up.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on April 27, 2023, 05:57:57 PM
On my last statement, I spent $1,412.10 and was awarded 2,824 points.  Those 2,824 points deposited into my Fidelity HSA will be worth $28.24.  If I cashed them out instead, I would receive $14.12.

If you cash out your 2500 points for $12.50, that makes the value of the points 0.5 CPP.  0.5 CPP on a 2% card is equivalent to 1% cash back.

Your assumption in the last paragraph does not match my experience, and the value I receive varies by a factor of two depending on whether I cash them out or deposit them into a Fidelity account (an HSA in my particular case).

Ah ok. Thanks for clarifying. I'm sure they do this intentionally to cause confusion hahaha. If I were to transfer the $ into my Fidelity non-HSA cash account would I maintain the 2% then?

I think they do it that way to retain assets under management.

As to your question, probably.  But they should make it pretty clear on the rewards redemption part of the website.  It seemed pretty clear to me.

FWIW, I have it set up to auto redeem into my HSA every month.  You can probably set it up to auto-redeem into your Fidelity account.  They won't auto-invest it, though; I think it just goes into your cash/sweep/settlement.  So I just go in every month and manually invest whatever cash has piled up.

Hm, maybe I'm missing it or something but I don't see where you can see the point-to-cash ratio/value for the Fidelity transfer. That said, I may just leave the points in the account until 2024, then turn on auto-redeem into the HSA. It's not like I need the cash right now or anything. I still think that's incredible that you can take the deduction via accumulated rewards. How does that even work in terms of the records/documents/statements for filing when it comes time to file?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 27, 2023, 07:43:16 PM
Hm, maybe I'm missing it or something but I don't see where you can see the point-to-cash ratio/value for the Fidelity transfer. That said, I may just leave the points in the account until 2024, then turn on auto-redeem into the HSA. It's not like I need the cash right now or anything. I still think that's incredible that you can take the deduction via accumulated rewards. How does that even work in terms of the records/documents/statements for filing when it comes time to file?

It was there when I looked.  Maybe they changed the website.

As far as your question, Fidelity treats my 2% cash back into my HSA as a regular contribution for the current tax year.  It shows up on my "YTD HSA contribution" widget on the website, and they send me a 5498-SA every year in May.

I can also make additional contributions to my HSA, as long as my 2% cash back plus my additional contributions are less than the self only limit for the year ($3600 or so, it gets adjusted for inflation every year).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: g.asunc on April 28, 2023, 12:42:07 PM
Does anyone know what the max authorized users is for AmEx (non charge cards)?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on April 28, 2023, 12:52:42 PM
For those who sold Amex AUs recently, was it worth it? Does Amex require that you activate the AU card or even spend money on it? I think someone mentioned it in the past. Any recent issues with TLs not posting or account closures with Amex?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on April 28, 2023, 01:25:09 PM
I think I had one non posting AU on Amex with Old Company.  They confirmed it wasn't me and Amex just doesn't post well.  IIRC they stopped accepting Amex shortly after that.

I always ask for an AU card and always activate it on arrival as a matter of habit and business practice.

I never spend on the AU card itself.  I do make small charges on my cards when they have active AUs on them.

I was doing one slot and I think it was $150ish per slot.  "Worth it" is subjective.

I don't remember any issues with Amex specifically.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on April 30, 2023, 11:36:21 AM
Is anyone else having trouble getting on to Elan’s Fidelity credit card website today? My card is not showing up on my Fidelity account. I thought maybe they closed it, so I tried calling in and the automated system seems to indicate it’s still open.

Worked for me just now via fidelity.com -> log in -> portfolio -> credit cards.

Thank you for the feedback. I just checked again and my card is now showing up again! It must have been a fluke.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: uneven_cyclist on May 03, 2023, 05:31:45 PM
Has anyone else gone for a significant period with the old/original company without any sales?  I have three cards active and I think it's been 4-6 months without any sales?  Not sure if there is really anything I can do in any event, but I'm curious to know if others were be experiencing this as well?  Arebelspy (as well as the company) mentioned that things slow down in winter and likely pick up in summer...not sure how extreme this is but thought I would check here with the community as well!  Thanks all!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on May 03, 2023, 05:44:52 PM
I think in general there is a slow-down, a lot less people buying houses than the previous few years.

I checked my #'s for 3 of my main cards....

For 2021
Jan 1 - Apr 30  ---  I had 11 AU's

For 2022
Jan 1 - Apr 30  ---  I had 10 AU's

For 2023
Jan 1 - Apr 30  ---  I had 3 AU's
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 03, 2023, 06:28:47 PM
It varies month to month for no apparent rhyme or reason.  It also varies by card, again for reasons I can't figure out.

February, June, and October are historically strong months for me.  I've no idea why.

2023 is currently on track for me to be in the ballpark of 2022, 2021, and 2020.  2019 was around 25% less.

:shrug:
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 03, 2023, 08:17:22 PM
I just got a new order on my best-selling Barclays card today which puts me at about 75% of what I made in all of 2022 (albeit some of those won't pay out for 1-2 months). I did add two more cards with the old company but most of my sales are still on the first two cards I added. My Barclays card sell all 3 slots pretty consistently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: uneven_cyclist on May 03, 2023, 11:12:48 PM
Ok cool!  Thanks for the feedback.  Super helpful to hear from others, as I only have a small number of cards in the mix and it's tough to identify any patterns/issues etc.

I'll continue to add cards into the mix and hopefully things will even out over time!

Thanks again for the replies.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on May 04, 2023, 07:36:02 AM
Has the old company been accepting new cards or only from existing sellers?

I signed up for the waiting list probably two years ago at this point and haven't heard anything.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Pizzabrewer on May 08, 2023, 11:03:43 AM
Has the old company been accepting new cards or only from existing sellers?

I signed up for the waiting list probably two years ago at this point and haven't heard anything.

They have not opened enrollment for new cards in a looooong time. For both new and existing sellers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on May 08, 2023, 12:40:37 PM
Has the old company been accepting new cards or only from existing sellers?

I signed up for the waiting list probably two years ago at this point and haven't heard anything.

They have not opened enrollment for new cards in a looooong time. For both new and existing sellers.

The old company let me add two new cards a few months ago. Both were over two years old.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: nedwin on May 11, 2023, 10:29:33 AM
Has anyone had trouble with AUs posting with Capital One recently with old company or any other service?  I have a Capital One card with old company which has been consistently filled with no posting issues, except the most recent AU claims it did not post on their credit report.  This AU was definitely added, they show as an AU in my online account and most recent statement, and I received the card from Capital One.  Capital One's online add process was slightly different this time, where a second window popped up asking for the AU's ssn in order to "provide online access."  I remember adding the SSN with prior AUs so did so this time also.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 11, 2023, 10:34:23 AM
Has anyone had trouble with AUs posting with Capital One recently with old company or any other service?  I have a Capital One card with old company which has been consistently filled with no posting issues, except the most recent AU claims it did not post on their credit report.  This AU was definitely added, they show as an AU in my online account and most recent statement, and I received the card from Capital One.  Capital One's online add process was slightly different this time, where a second window popped up asking for the AU's ssn in order to "provide online access."  I remember adding the SSN with prior AUs so did so this time also.

I had the same second window
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on May 11, 2023, 10:49:51 AM
Has anyone had trouble with AUs posting with Capital One recently with old company or any other service?  I have a Capital One card with old company which has been consistently filled with no posting issues, except the most recent AU claims it did not post on their credit report.  This AU was definitely added, they show as an AU in my online account and most recent statement, and I received the card from Capital One.  Capital One's online add process was slightly different this time, where a second window popped up asking for the AU's ssn in order to "provide online access."  I remember adding the SSN with prior AUs so did so this time also.

Some times they just don't post.  It's about a 1% of the time issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on May 12, 2023, 04:19:29 PM
What's the AU limit per card with Barclays? Is it 35?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on May 12, 2023, 04:37:16 PM
Something like that. I looked back at my records, and it actually was 35 total.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 01, 2023, 11:25:15 AM
I received a weird voicemail from Barclays security recently saying that they received information from the credit bureaus, and they believe one of my accounts might not be valid. I have a couple of cards and use one of them for TLs. I googled the number to make sure it wasnt phishing, then called it. The representative checked my account and said there was no problem. I checked my account online and credit karma and didn't see anything wrong there either. Has anyone else received a similar call?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on June 01, 2023, 01:14:25 PM
I received a weird voicemail from Barclays security recently saying that they received information from the credit bureaus, and they believe one of my accounts might not be valid. I have a couple of cards and use one of them for TLs. I googled the number to make sure it wasnt phishing, then called it. The representative checked my account and said there was no problem. I checked my account online and credit karma and didn't see anything wrong there either. Has anyone else received a similar call?

I have not received such a call and don't remember anyone here reporting that.

It seems odd to me with the outcome of your follow up call.  I would be careful of such cases as it could be spoofing.  It is pretty easy for someone to fake caller id.  Using a number of a big credit card company or bank and then hoping to get someone to disclose information seems like a tactic a baddie might use.  Be careful! 

I might suggest calling the number on the back of the card in such instances also in addition to confirming the number via google and calling it back.

You may know all of this, OP.  Others may not so I hope it helps someone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 01, 2023, 02:58:34 PM
I received a weird voicemail from Barclays security recently saying that they received information from the credit bureaus, and they believe one of my accounts might not be valid. I have a couple of cards and use one of them for TLs. I googled the number to make sure it wasnt phishing, then called it. The representative checked my account and said there was no problem. I checked my account online and credit karma and didn't see anything wrong there either. Has anyone else received a similar call?

I agree with @katsiki; sounds very much like a phishing attempt.  In such cases I always call the number on the back of my card and never call the number they leave in the voice mail or the number the voice mail came from.  I could try to verify the number they gave via Google, but I'm not confident I would be able to 100% guarantee that process would be bulletproof.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 01, 2023, 04:06:18 PM
I received a weird voicemail from Barclays security recently saying that they received information from the credit bureaus, and they believe one of my accounts might not be valid. I have a couple of cards and use one of them for TLs. I googled the number to make sure it wasnt phishing, then called it. The representative checked my account and said there was no problem. I checked my account online and credit karma and didn't see anything wrong there either. Has anyone else received a similar call?

I have not received such a call and don't remember anyone here reporting that.

It seems odd to me with the outcome of your follow up call.  I would be careful of such cases as it could be spoofing.  It is pretty easy for someone to fake caller id.  Using a number of a big credit card company or bank and then hoping to get someone to disclose information seems like a tactic a baddie might use.  Be careful! 

I might suggest calling the number on the back of the card in such instances also in addition to confirming the number via google and calling it back.

You may know all of this, OP.  Others may not so I hope it helps someone.

I googled the number before calling. I is listed as barclays on gehuman.com, a website which i had used before several times. Then when i called and entered my card details, the automated system told me the exact card balance, which I double checked online and it was correct and included very recent charges. So if that was a scam, it must have been an extremely sophisticated one.

Here's the number btw https://gethuman.com/phone-number/Barclays/customer-service/~15284
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: AnotherEngineer on June 02, 2023, 07:41:46 AM
I received a weird voicemail from Barclays security recently saying that they received information from the credit bureaus, and they believe one of my accounts might not be valid. I have a couple of cards and use one of them for TLs. I googled the number to make sure it wasnt phishing, then called it. The representative checked my account and said there was no problem. I checked my account online and credit karma and didn't see anything wrong there either. Has anyone else received a similar call?

I have not received such a call and don't remember anyone here reporting that.

It seems odd to me with the outcome of your follow up call.  I would be careful of such cases as it could be spoofing.  It is pretty easy for someone to fake caller id.  Using a number of a big credit card company or bank and then hoping to get someone to disclose information seems like a tactic a baddie might use.  Be careful! 

I might suggest calling the number on the back of the card in such instances also in addition to confirming the number via google and calling it back.

You may know all of this, OP.  Others may not so I hope it helps someone.

I googled the number before calling. I is listed as barclays on gehuman.com, a website which i had used before several times. Then when i called and entered my card details, the automated system told me the exact card balance, which I double checked online and it was correct and included very recent charges. So if that was a scam, it must have been an extremely sophisticated one.

Here's the number btw https://gethuman.com/phone-number/Barclays/customer-service/~15284

Sometimes banks do the things that they tell you not to respond to. Earlier this year, Chase called me to verify my identity for a new account by reading off a two-factor authentication code they were going to send me. I hung up but it turned out to be legit (if a terrible practice and useless because they called me on the number they were going to send the code to).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: uneven_cyclist on June 07, 2023, 12:52:34 AM
Hello all -- in terms of a portfolio of cards for TLs...I'm thinking of using one card per issuer and then limiting to 2 AUs per card...I think the old company has this as a limit as well of 2 AUs per card, so that's sort of a moot point anyway.

With that being said...would it make sense to have two cards in play from Barclays?  Thinking about this because I have heard that risk of closure from this issuer is quite low.  I haven't even signed up for the cards yet from them, but I'm trying to define what the end goal looks like so I can apply for the right cards as fast as possible.

Basically my vision is to just have one card for each issuer that the old company will allow, and maybe two for Barclays, and maybe or maybe not sell TLs with Chase and then at that point declare my TL sidehustle to be fully established. 

Anything else I would really want to do or consider?

Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on June 07, 2023, 06:11:59 AM
Hello all -- in terms of a portfolio of cards for TLs...I'm thinking of using one card per issuer and then limiting to 2 AUs per card...I think the old company has this as a limit as well of 2 AUs per card, so that's sort of a moot point anyway.

With that being said...would it make sense to have two cards in play from Barclays?  Thinking about this because I have heard that risk of closure from this issuer is quite low.  I haven't even signed up for the cards yet from them, but I'm trying to define what the end goal looks like so I can apply for the right cards as fast as possible.

Basically my vision is to just have one card for each issuer that the old company will allow, and maybe two for Barclays, and maybe or maybe not sell TLs with Chase and then at that point declare my TL sidehustle to be fully established. 

Anything else I would really want to do or consider?

Thanks!

Barclay is the absolute best and easiest for tradelines. I always have at least 2-3 cards open at all times with them, for both my wife and I. This allows me to sell on one (each) and season the next one so it's ready to go when I hit the max lifetime users. You can also shift your credit limit around so you can maximize the available credit on one card, making those slots more lucrative. I usually sell 6 slots a piece on these cards (using multiple companies) and have never had an issue with Barclay closing a card. Very occasionally, one won't post, but it's rare. Don't sell on Chase unless you're good with them shutting all of your cards down. I had 5 Chase cards and sold a total of 2 slots before they shut all of my cards down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 07, 2023, 01:00:11 PM
Hello all -- in terms of a portfolio of cards for TLs...I'm thinking of using one card per issuer and then limiting to 2 AUs per card...I think the old company has this as a limit as well of 2 AUs per card, so that's sort of a moot point anyway.

With that being said...would it make sense to have two cards in play from Barclays?  Thinking about this because I have heard that risk of closure from this issuer is quite low.  I haven't even signed up for the cards yet from them, but I'm trying to define what the end goal looks like so I can apply for the right cards as fast as possible.

Basically my vision is to just have one card for each issuer that the old company will allow, and maybe two for Barclays, and maybe or maybe not sell TLs with Chase and then at that point declare my TL sidehustle to be fully established. 

Anything else I would really want to do or consider?

Thanks!

The old company has recommendations as to slots per card, but it can vary by issuer.  I generally go with whatever they recommend.  You can always be more conservative if you prefer.  And that's really what it is - a degree of preference for risk.  Shutdowns are always possible but increase with more AUs, more slots, more cards, not following instructions, just bad luck, and using certain issuers.  It's just up to you to decide what you're comfortable with.

Almost all issuers have various rules on how many cards you can apply for in a given time frame, how often you can ask for a credit limit increase, etc.  And for me, I don't enroll cards with Old Company until they're two years old because I'd rather do the same amount of add/remove AU hassle for $200 a slot rather than $50 a slot or whatever it is.

Barclays does have the lifetime AU limit, which I've hit on my current card.  I plan to apply for another card but have to wait until the fall I think (due to other cards and inquiries).  If/when I get the new Barclays card, I'll do as the previous poster suggested - move the CL over and close the old card.

With most issuers any card will work, and for me personally TL sales are almost always far more lucrative than 3% cash back on groceries or no foreign transaction fee or whatever other benefits the card has.  I will look for signup bonuses, though, because I can get the card, get the signup bonus, downgrade after a year to avoid the AF, then sock drawer the card for another year then enroll it in TL sales.

Like most of us who do this kind of thing, it'd be good for you to set up tracking spreadsheets.  If you know when you opened which card, when you got that bonus, when you added/removed this or that AU, how much you got paid, etc., then you can do a better job optimizing.  Planning ahead, like you're doing, is also probably smart.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: uneven_cyclist on June 07, 2023, 10:31:10 PM
Thanks secondcor521 and ducky19...I'll check out the documentation to see what the recs are on slots/issuers etc (probably a good time to review all of that stuff as I start digging a bit deeper into this).

ducky19 -- six slots per card that's awesome!  I had not really considered more than 2 AUs at a time but now I'm reconsidering my strategy for sure.  You mentioned that you have one active and one seasoning at any given time, and usually same for your wife.  Have either of you ever sold actively on two (or more) Barclays cards at the same time?    Or would that be risky even for that issuer?  Granted, we all have our own risk tolerance and so on, but just trying to gain a sense of things.

secondcor521...hearing you about spreadsheets and tracking...I do have a sheet that I started a few years ago for churning cards, but it is in definite need of an overhaul -- just visually not easy to navigate as it has just gained columns and formatting and turned into a bit of a sprawl. Something to tackle soon.  With you 100% as well on chasing sign-up bonuses and then downgrading as opposed to rewards categories.
 When possible, I love having every dollar I spend go toward earning a sign-up bonus.  It's not always possible, of course, but I do often have the feeling like if I'm not spending toward a sign-up bonus like I'm leaving money on the table.  One thing I've found is that sometimes downgrading can be more of a challenge than it should be...it took me like 5 calls to downgrade a Citi card recently and I had to time it just right and connect with the right person etc. so there is a learning curve with a lot of this stuff...but of course it all comes back to that tracking system you mentioned so that each subsequent job can be more efficient with less wasted time.

Thanks for your thoughts and advice, this is a super helpful thread/topic.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 08, 2023, 09:20:21 AM
About downgrading premium Barclays cards: in my experience, you can only downgrade a card to the same co-branded card if there is a non-annual-fee version available. There are several co-branded cards that only have premium versions with an annual fee. Something to keep in mind.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on June 08, 2023, 11:13:23 AM
Another Mustachian in a different thread mentioned that a bank came after (sued) a person who was paid for adding an unkown authorized user.  It's somewhere in this huge thread.  Anyone know what page number by any chance?  I'd like to sell tradelines but I am worried about any legal implications.  Just wondering how that was resolved and if it was true or not.  I think it's in this thread, anyways.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on June 08, 2023, 11:38:42 AM
Another Mustachian in a different thread mentioned that a bank came after (sued) a person who was paid for adding an unkown authorized user.  It's somewhere in this huge thread.  Anyone know what page number by any chance?  I'd like to sell tradelines but I am worried about any legal implications.  Just wondering how that was resolved and if it was true or not.  I think it's in this thread, anyways.

The only mentions of suing in this thread that I could find are people suing issuers for closing their accounts without providing a reason.

You might try clicking the "Print" button in the lower right, which will put the whole thread in a single screen where you can search for other terms.  I just searched for " sue " (you have to put the extra space in before to avoid matching with "issuer", which is used much more frequently on this thread).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jnw on June 08, 2023, 12:41:46 PM
You might try clicking the "Print" button in the lower right, which will put the whole thread in a single screen where you can search for other terms.  I just searched for " sue " (you have to put the extra space in before to avoid matching with "issuer", which is used much more frequently on this thread).

Thanks I didn't know this trick! I was looking for any easy way to search the entire thread.  Thanks again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Mr. Green on June 09, 2023, 11:30:25 AM
Another Mustachian in a different thread mentioned that a bank came after (sued) a person who was paid for adding an unkown authorized user.  It's somewhere in this huge thread.  Anyone know what page number by any chance?  I'd like to sell tradelines but I am worried about any legal implications.  Just wondering how that was resolved and if it was true or not.  I think it's in this thread, anyways.

The only mentions of suing in this thread that I could find are people suing issuers for closing their accounts without providing a reason.

You might try clicking the "Print" button in the lower right, which will put the whole thread in a single screen where you can search for other terms.  I just searched for " sue " (you have to put the extra space in before to avoid matching with "issuer", which is used much more frequently on this thread).
I'll second this as an awesome trick that I'd never thought of before!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on June 10, 2023, 05:33:45 AM
This might be interesting. I got an email from old company, meant for buyers. It's a list of currently available tradelines.

https://tradelinesmarket.com/June9th2023list

Also a screenshot in case they take the page down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on June 10, 2023, 03:16:43 PM
It would be nice to double or triple your income (or more) by cutting out the middle man. I thought about selling tradelines directly, even posted some questions about it in this topic. Haven't tried it yet. The main reason is that there is too much sketchy stuff going on in the tradeline space (especially with CPNs which are basically fake/fraudulent SSNs). A reputable company, like the old one, is supposed to verify SSNs and protect us sellers from dealing with sketchy buyers. I am not sure I can do the same as an individual. Another reason is that I would have to look for clients myself, and I hate doing sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on June 10, 2023, 04:13:46 PM
It would be nice to double or triple your income (or more) by cutting out the middle man. I thought about selling tradelines directly, even posted some questions about it in this topic. Haven't tried it yet. The main reason is that there is too much sketchy stuff going on in the tradeline space (especially with CPNs which are basically fake/fraudulent SSNs). A reputable company, like the old one, is supposed to verify SSNs and protect us sellers from dealing with sketchy buyers. I am not sure I can do the same as an individual. Another reason is that I would have to look for clients myself, and I hate doing sales.

Yeah, I'm fine getting $175 for literally 5 minutes of work. Getting $600 would be nice but would require way more work (and risk).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on June 11, 2023, 11:18:48 AM
Has anyone had trouble with AUs posting with Capital One recently with old company or any other service?  I have a Capital One card with old company which has been consistently filled with no posting issues, except the most recent AU claims it did not post on their credit report.  This AU was definitely added, they show as an AU in my online account and most recent statement, and I received the card from Capital One.  Capital One's online add process was slightly different this time, where a second window popped up asking for the AU's ssn in order to "provide online access."  I remember adding the SSN with prior AUs so did so this time also.

I had the same second window

Did you add the AU's SSN? What email did you use and what about the AU's physical address? I am hearing mixed signals with capital one tradelines recently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on June 12, 2023, 01:52:19 PM
It would be nice to double or triple your income (or more) by cutting out the middle man. I thought about selling tradelines directly, even posted some questions about it in this topic. Haven't tried it yet. The main reason is that there is too much sketchy stuff going on in the tradeline space (especially with CPNs which are basically fake/fraudulent SSNs). A reputable company, like the old one, is supposed to verify SSNs and protect us sellers from dealing with sketchy buyers. I am not sure I can do the same as an individual. Another reason is that I would have to look for clients myself, and I hate doing sales.

Yeah, I'm fine getting $175 for literally 5 minutes of work. Getting $600 would be nice but would require way more work (and risk).

Whoo,  I looked up my card…$1300 and change….but yeah, ain’t got time to try and deal with what it would take to sell my own tradeline.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on June 13, 2023, 08:17:10 AM
solon, that list is pretty cool.  I have no way to verify for absolute sure, but 2 of the cards match mine.  :D
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on June 16, 2023, 09:36:30 AM
Does anyone know what the max authorized users is for AmEx (non charge cards)?


99 is where you max out.  I sell a lot of Amex with another company though like everything else it’s slowed down. I maxed out one card at 99 and the transferred the credit to another one and Ive used about 20 spots there. Not all at once of course.

My card that I hit 99 will reset in a couple of years though. It’s not lifetime like Barclays.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on June 16, 2023, 10:07:02 AM
Does anyone know what the max authorized users is for AmEx (non charge cards)?


99 is where you max out.  I sell a lot of Amex with another company though like everything else it’s slowed down. I maxed out one card at 99 and the transferred the credit to another one and Ive used about 20 spots there. Not all at once of course.

My card that I hit 99 will reset in a couple of years though. It’s not lifetime like Barclays.

Oh, I’d didn’t realize that the AU count reset with AE.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FtWorthAtheist on July 04, 2023, 02:22:32 PM
Has anyone had trouble with AUs posting with Capital One recently with old company or any other service?  I have a Capital One card with old company which has been consistently filled with no posting issues, except the most recent AU claims it did not post on their credit report.  This AU was definitely added, they show as an AU in my online account and most recent statement, and I received the card from Capital One.  Capital One's online add process was slightly different this time, where a second window popped up asking for the AU's ssn in order to "provide online access."  I remember adding the SSN with prior AUs so did so this time also.

I had the same second window

Did you add the AU's SSN? What email did you use and what about the AU's physical address? I am hearing mixed signals with capital one tradelines recently.

I have a gmail address, and gmail will allow you to add unlimited (as far as I know) virtual email addresses that go to your regular inbox by simply adding a plus symbol and then other text after the username.  So if your regular email address is username@gmail.com then you can type username+blah@gmail.com (and I don't know all the limitations on what blah can be replaced with) into any website and it will end up in your regular inbox.  I do this to make sure I get all the card-related emails.  I also find it useful for giving out a variation of my email address to contractors, so when I do taxes on my rental property I can find rental-related receipts easily.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on July 04, 2023, 07:47:35 PM
I was looking online at cards to add and season, and some of them are charging up to 30.99% APR now! Sheesh, no wonder so many people are having trouble paying down their debts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on July 05, 2023, 03:35:20 PM
I was looking online at cards to add and season, and some of them are charging up to 30.99% APR now! Sheesh, no wonder so many people are having trouble paying down their debts.

What's credit card interest?




But seriously, I have no idea what the rate is on any of my cards because I haven't paid interest on any of them. I think my cheapest (from a credit union, not for tradelines) was 15% or so the last time I checked. Probably higher now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on July 05, 2023, 04:45:07 PM
^I'm right there with you, on the winning side of compound interest, but I did a "compare cards" and  that's where I saw those interest rates. That's just insane. This is how Citibank can easily afford to pay out nearly 7% on a bond.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ezhang43 on July 07, 2023, 02:12:17 PM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 07, 2023, 02:31:34 PM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.

In nearly all cases I defer to what the TL company I use recommends.  Both companies here have cadence recommendations for Chase; if you're working with someone else I'd recommend asking them what they suggest.

Also, to be precise, Chase doesn't shut down CC accounts for TL activity any more frequently than any other issuer.  It's just that when they do, they may also close more of your accounts.  Same frequency, more dramatic outcome.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on July 07, 2023, 09:46:28 PM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.

Chase shut me down earlier this year.
7 AUs added in 2018
1 in 2021
2 in 2022

I had also been low key churning accounts for sign up bonuses and think that's what triggered it. I had just been approved for a new business card with a very low limit. I called in to move some of the $70K+ credit limit from my oldest personal card to the new business card and a couple days later was notified that my accounts were closed.

I'll wait a couple years and try again. Hope the reports that it's not permanent are accurate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 09, 2023, 07:46:01 AM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.

Mine was shut down.  I only had maybe 4 AUs total over its entire history.  Chase told me that in reviewing the account, they saw AUs added and shortly after removed.  Well, that's what we do with tradelines, so if they decide to review your account, it'll be burned. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 09, 2023, 09:42:18 AM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.

Mine was shut down.  I only had maybe 4 AUs total over its entire history.  Chase told me that in reviewing the account, they saw AUs added and shortly after removed.  Well, that's what we do with tradelines, so if they decide to review your account, it'll be burned.

How long did you keep the AUs?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on July 10, 2023, 09:03:00 AM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.

Mine was shut down.  I only had maybe 4 AUs total over its entire history.  Chase told me that in reviewing the account, they saw AUs added and shortly after removed.  Well, that's what we do with tradelines, so if they decide to review your account, it'll be burned.

How long did you keep the AUs?

4 months
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ezhang43 on July 10, 2023, 03:35:18 PM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.

Mine was shut down.  I only had maybe 4 AUs total over its entire history.  Chase told me that in reviewing the account, they saw AUs added and shortly after removed.  Well, that's what we do with tradelines, so if they decide to review your account, it'll be burned.

How long did you keep the AUs?

4 months

Thank you for the data points! Very much appreciated

Can I ask if you had a checking account with direct deposit with them, or did you only have credit cards with them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 10, 2023, 11:01:35 PM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.

Mine was shut down.  I only had maybe 4 AUs total over its entire history.  Chase told me that in reviewing the account, they saw AUs added and shortly after removed.  Well, that's what we do with tradelines, so if they decide to review your account, it'll be burned.

How long did you keep the AUs?

4 months

Thank you for the data points! Very much appreciated

Can I ask if you had a checking account with direct deposit with them, or did you only have credit cards with them?

Different person's data points:

2 cards, 2 slots available, 4 months at a time, 43 slots sold (most with Old Company) over the past seven years, no shutdowns.  No other accounts with Chase.

I do follow all Old Company recommendations for how to do things.  I think that helps some, but I also think it sometimes just boils down to luck.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ezhang43 on July 11, 2023, 03:42:36 AM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.

Mine was shut down.  I only had maybe 4 AUs total over its entire history.  Chase told me that in reviewing the account, they saw AUs added and shortly after removed.  Well, that's what we do with tradelines, so if they decide to review your account, it'll be burned.

How long did you keep the AUs?

4 months

Thank you for the data points! Very much appreciated

Can I ask if you had a checking account with direct deposit with them, or did you only have credit cards with them?

Different person's data points:

2 cards, 2 slots available, 4 months at a time, 43 slots sold (most with Old Company) over the past seven years, no shutdowns.  No other accounts with Chase.

I do follow all Old Company recommendations for how to do things.  I think that helps some, but I also think it sometimes just boils down to luck.

When you say 2 slots available, is that 2 slots available per card? Or is that 2 slots available total, 1 for each card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on July 11, 2023, 11:57:43 AM
I had a 10+yr old Chase Freedom that sold some over a dozen AU's (1-2 at a time) over about 2 years before getting shut down in 2021 along with a newer Chase Amazon Prime card with it
still using Chase as my main checking account, but just tried re-applying for Freedom and got rejected per below despite 800+ credit score and >10:1 income:rent ratio

Quote
We reviewed your recent application for a new CHASE FREEDOM FLEX World Elite account, but we
did not approve it because:
A prior credit card or deposit account was closed by Chase
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ezhang43 on July 11, 2023, 12:44:04 PM
I had a 10+yr old Chase Freedom that sold some over a dozen AU's (1-2 at a time) over about 2 years before getting shut down in 2021 along with a newer Chase Amazon Prime card with it
still using Chase as my main checking account, but just tried re-applying for Freedom and got rejected per below despite 800+ credit score and >10:1 income:rent ratio

Quote
We reviewed your recent application for a new CHASE FREEDOM FLEX World Elite account, but we
did not approve it because:
A prior credit card or deposit account was closed by Chase

Only your credit cards got canceled, and not your chase checking? Was under the impression that they would shut down everything
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 11, 2023, 03:41:25 PM
If chase closes your consumer cards, do they close your business cards too?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on July 11, 2023, 04:34:23 PM
If chase closes your consumer cards, do they close your business cards too?

I don't see any reason not to expect a complete shutdown.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 12, 2023, 12:23:25 AM
When you say 2 slots available, is that 2 slots available per card? Or is that 2 slots available total, 1 for each card?

2 slots per card times two cards, total of 4 Chase slots.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ezhang43 on July 12, 2023, 04:00:52 PM
When you say 2 slots available, is that 2 slots available per card? Or is that 2 slots available total, 1 for each card?

2 slots per card times two cards, total of 4 Chase slots.

Got it, thanks for the clarification! Appreciate it
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on July 12, 2023, 07:36:54 PM
to contribute a data point. My chase freedom card was shut down after a few years selling tradelines on it. Chase also shut down my other chase card that I was not selling tradelines on (an amazon card).

Even so, I was able to successfully open up a new chase card (Chase Sapphire Preferred) a few weeks afterwards. I plan to season this card for a few years and start selling Chase tradelines again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 15, 2023, 11:37:14 AM
Can barclays reduce your credit limit if it's very high but you only use that card for small transactions? For example, if you have 3 cards with Barclays, move most of your total credit line to one of them and use it for TLs? Never happened to me, just trying to understand how likely it is to happen.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 15, 2023, 01:28:01 PM
Can barclays reduce your credit limit if it's very high but you only use that card for small transactions? For example, if you have 3 cards with Barclays, move most of your total credit line to one of them and use it for TLs? Never happened to me, just trying to understand how likely it is to happen.

Never had a CL reduced, and have had a number of cards with Barclays and other issuers where I am doing exactly as you describe.

What can happen is that issuers will close accounts for lack of activity after 6 or 12 months.  If the card is getting TL orders, not a problem.  But I have a tickler task to use each of my cards at least once a year to keep them open.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 15, 2023, 08:11:02 PM
Can barclays reduce your credit limit if it's very high but you only use that card for small transactions? For example, if you have 3 cards with Barclays, move most of your total credit line to one of them and use it for TLs? Never happened to me, just trying to understand how likely it is to happen.

Never had a CL reduced, and have had a number of cards with Barclays and other issuers where I am doing exactly as you describe.

What can happen is that issuers will close accounts for lack of activity after 6 or 12 months.  If the card is getting TL orders, not a problem.  But I have a tickler task to use each of my cards at least once a year to keep them open.

That's good to know.

Chase reduced the credit line for one of my cards when i opened another one. That's the only time I remember when my credit limit was reduced. I called them and moved that credit limit back to the old card, left just enough to meet the sign up bonus requirement for the new one
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 15, 2023, 08:50:03 PM
Chase reduced the credit line for one of my cards when i opened another one. That's the only time I remember when my credit limit was reduced. I called them and moved that credit limit back to the old card, left just enough to meet the sign up bonus requirement for the new one

Yeah, that's a different thing.  Most issuers will limit the dollar amount of exposure they have to you across all your CCs with them.  If you're in this situation with an issuer and apply for a new card and they're inclined to approve you otherwise, they will approve the new card and shift the CL.

The dollar amount of exposure seems to be most correlated with your reported annual income.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on July 16, 2023, 04:52:24 PM
The new CareCredit is by Synchrony.  Did yours stay with Elan? 
Since old company doesn't accept it, I did not apply.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on July 17, 2023, 08:06:48 AM
Usually when credit card companies change networks, it doesn't affect the card age they report to the bureaus.
I think when the company changes the network, the age stays.  So if Elan went from Mastercard to VISA, the age is the same since it's the same account.

In this case, CareCredit ended their agreement with Elan and started a new one with Synchrony.  So the Elan accounts were closed.  This is like the specialty store cards, the Marts will end one agreement and start a new agreement for better/different terms.

To answer your question, it depends on how the accounts were transferred.  Yes, it looks like the Synchrony account will have to be aged.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on July 24, 2023, 07:46:27 AM
How are everyone's sales? 

I haven't had a sale in 6 months and spring is usually a busy time.  Not sure if it's just me or that sales are down across the board.  Yes, my cards' advertised prices are higher than the others in the age and CL slots so I usually get sales after the other cards are filled.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on July 24, 2023, 07:55:20 AM
It’s been slow the past few months for me.

Though I’m hoping this post causes an uptick. In the past, every time I complained with slow sales, they would immediately bounce back as if the TL gods were paying attention.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on July 24, 2023, 08:18:46 AM
It’s been slow the past few months for me.

Though I’m hoping this post causes an uptick. In the past, every time I complained with slow sales, they would immediately bounce back as if the TL gods were paying attention.
If that were true, everyone complain all the time.  :)  And expect immediate results.

Thanks for the data point.  I will continue to wait.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on July 24, 2023, 08:23:22 AM
It’s been slow the past few months for me.

Though I’m hoping this post causes an uptick. In the past, every time I complained with slow sales, they would immediately bounce back as if the TL gods were paying attention.
If that were true, everyone complain all the time.  :)  And expect immediate results.

Thanks for the data point.  I will continue to wait.

I had a very good Q1 and most of Q2, but it pretty much fell off a cliff in late May.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 24, 2023, 10:10:35 AM
How are everyone's sales? 

I haven't had a sale in 6 months and spring is usually a busy time.  Not sure if it's just me or that sales are down across the board.  Yes, my cards' advertised prices are higher than the others in the age and CL slots so I usually get sales after the other cards are filled.

How are you able to advertise your cards at higher prices than other similar cards? Isn't there a fee schedule based on card age and credit line? I know the old company has it and you can't really negotiate fees.

For me, Jan-May were busy but things have slowed down a little bit since June.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on July 24, 2023, 10:35:42 AM
My slots were continuously full for the past two years but the past couple of months I've had one slot that hasn't filled (on a very old, high limit card that has always been 100% sold continuously since I've listed it.)

So, yes, a slow down is happening in my limited experience as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on July 24, 2023, 11:20:26 AM
I'm with Old Company.  My sales are down about 30% this year compared to the average of the prior four years.

June historically has been a busy month for sales, but June this year I only had one sale.

It'd be interesting to try to understand why.  It's clearly affecting multiple sellers of AUs, and probably multiple TL companies (?).  Haven't heard any headlines about the industry to scare off customers.  Maybe the market is getting more saturated so the same sales are getting spread across more sellers/TL companies.

I wonder if any of the TL companies will try to lower pricing (either theirs to customers or to us as TL sellers) like one of them did a few years ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on July 24, 2023, 11:34:28 AM
How are you able to advertise your cards at higher prices than other similar cards? Isn't there a fee schedule based on card age and credit line? I know the old company has it and you can't really negotiate fees.

For me, Jan-May were busy but things have slowed down a little bit since June.
I don't advertise.  I have the same payment schedule advertised from old company as everyone else.  I look at the buy side of the website and can identify my cards compared to others in the same age and CL segment.  My cards are a couple hundred dollars or higher than comparative cards.  I'm guessing that I'm newer or that is the new price for newly listed cards.  All the cards will eventually fill up on AUs.  As the cheaper cards get sales, I will get sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on July 24, 2023, 05:36:15 PM
I'm with Old Company.  My sales are down about 30% this year compared to the average of the prior four years.

June historically has been a busy month for sales, but June this year I only had one sale.

It'd be interesting to try to understand why.  It's clearly affecting multiple sellers of AUs, and probably multiple TL companies (?).  Haven't heard any headlines about the industry to scare off customers.  Maybe the market is getting more saturated so the same sales are getting spread across more sellers/TL companies.

I wonder if any of the TL companies will try to lower pricing (either theirs to customers or to us as TL sellers) like one of them did a few years ago.

Im pretty sure higher interest rates have something to do with it. As far as I know, people buy tradelines for three main reasons: (1) renting a place, (2) buying a place and (3) buying a vehicle. For two of those three activities, higher interest rates result in much lower demand. For rental applications it should be neutral or even positive (those who decide not to buy houses still need somewhere to stay). So demand for TLs depends on what % of this demand is for renting vs the other two reasons. I don't know the answer and there's probably no way of knowing the exact numbers.

I also agree that the supply is much higher now vs a few years ago. It doesn't take much effort to age existing cards (actually it takes less effort than closing them). So that's what many people do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SKL-HOU on August 01, 2023, 02:55:37 PM
I just saw a facebook post on ChooseFI where an authorized user somehow called the credit card company and got 7500$ cash advance. I am not sure what company it was through but I would caution everyone when adding AUs. Check and make sure every avenue for them to do this is closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on August 01, 2023, 04:20:09 PM
I just saw a facebook post on ChooseFI where an authorized user somehow called the credit card company and got 7500$ cash advance. I am not sure what company it was through but I would caution everyone when adding AUs. Check and make sure every avenue for them to do this is closed.

I would place this in the same risk as having your card stolen/compromised. It's fraud and you shouldn't be liable - even if they are an authorized user. I don't think most of my cards even allow cash advances over $500-1,000. I'm guessing there was some pretty serious social engineering going on in that case (assuming it's true).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 03, 2023, 11:05:12 AM
I just saw a facebook post on ChooseFI where an authorized user somehow called the credit card company and got 7500$ cash advance. I am not sure what company it was through but I would caution everyone when adding AUs. Check and make sure every avenue for them to do this is closed.

Which bank? Can you copy and paste the post or link?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Zamboni on August 04, 2023, 12:53:20 PM
As far as the size of cash advances from cards, members of my family have successfully gotten ill-advised cash advances off of credit cards of the following sizes:
$10,000
$10,000 (again)
$30,000 (off of a brand new card!)

Cash advances typically have a higher interest rate than merchant purchases, so I'm sure the card issuers are delighted that people do this.

On the bright side, I did get a confirmation phone call from the card issuer one time from a bank when an "unusually large cash advance" was taken at a casino by my EX-spouse. So of course the card issuers are aware that large cash advance fraud is a thing (although in case of EX-spouse it wasn't fraud, it was just stupidity paired with a gambling problem).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: SKL-HOU on August 04, 2023, 11:03:38 PM
I just saw a facebook post on ChooseFI where an authorized user somehow called the credit card company and got 7500$ cash advance. I am not sure what company it was through but I would caution everyone when adding AUs. Check and make sure every avenue for them to do this is closed.

Which bank? Can you copy and paste the post or link?

They didn’t say which bank unless i missed it in their responses. I went back and remembered, they said Navy Federal Credit Union. Below is the link. It is ChooseFI group on facebook. If you go to the ChooseFI page and search for authorized user, it is the first one that comes up (at least for me).

https://www.facebook.com/groups/ChooseFI/permalink/3181645672131306/?mibextid=W9rl1R
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on August 09, 2023, 09:41:37 AM
If I make a big transaction on one of the cards I use for TLs (about 50% of my credit limit), then pay off the balance before the next statement date, will the card utilization be reported as 50% to the bureaus or will it be 0%?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on August 09, 2023, 09:54:52 AM
If you pay it before the statement date, it shouldn't report.  If you wait until the last minute, it may.

Seems the credit cards only report the statement amount.  So pay it before the statement hits if you have an AU on the card.  If no AU, it doesn't matter.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on August 09, 2023, 10:32:31 AM
If you pay it before the statement date, it shouldn't report.  If you wait until the last minute, it may.

Seems the credit cards only report the statement amount.  So pay it before the statement hits if you have an AU on the card.  If no AU, it doesn't matter.

Most credit cards only report the statement balance, and usually a few days after statement close.  USBank is slightly weird in this respect; they always report about the 25th of the month for all cards regardless of statement date.  I'm not sure if they report current balance or most recent statement balance.  But if the poster is thinking about doing this with a USBank CC, they would be wise to check into it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on August 09, 2023, 11:16:10 AM
Elan also does this.  Good point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on August 17, 2023, 10:43:35 AM
So a question about the new company (think of the one Cliff pays you from).  Do they EVER pay without multiple emails and a prodding from Joe?  Whenever the old company opens up, I've shut down cards with the new company and moved them over to the old as they never have shown any paying problems.  Just curious if it's more than just me seeing this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on August 17, 2023, 11:37:21 AM
So a question about the new company (think of the one Cliff pays you from).  Do they EVER pay without multiple emails and a prodding from Joe?  Whenever the old company opens up, I've shut down cards with the new company and moved them over to the old as they never have shown any paying problems.  Just curious if it's more than just me seeing this.

That's accurate, and how it's been for years, sadly.

If anyone has recommendations for other companies to look into, please PM me.

Most I've researched and I check again periodically, because old company is saturated with cards and new company struggles with basic business stuff. But the other ones are pretty sketch or don't verify AUs well, which isn't a risk I'm willing to take (or endorse).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FtWorthAtheist on September 09, 2023, 08:33:42 PM
So the Barclaycard website asked me to verify an AU's information twice...  I entered the information initially, it appeared to accept it, but then the website seemed to flag it and indicated I could have account restrictions on my account if I didn't verify the AU info.  When I went in to verify the info, it had some fields prefilled with info I had entered previously, other fields required me to select a value (like relationship), and it preselected noncitizen on the citizenship question, even though I had previously selected US citizen.  (US citizenship verified by tradeline company.)  So I verified everything, it thanked me for doing so, and all looked fine.  A week later I went into the Barclaycard website to remove an earlier AU, and found the same AU required verification again.  I'm wondering if other people have experienced Barclaycard verification requests and if it typically precedes a posting or other problem?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: FI Minimalist on September 09, 2023, 08:58:16 PM
So the Barclaycard website asked me to verify an AU's information twice...  I entered the information initially, it appeared to accept it, but then the website seemed to flag it and indicated I could have account restrictions on my account if I didn't verify the AU info.  When I went in to verify the info, it had some fields prefilled with info I had entered previously, other fields required me to select a value (like relationship), and it preselected noncitizen on the citizenship question, even though I had previously selected US citizen.  (US citizenship verified by tradeline company.)  So I verified everything, it thanked me for doing so, and all looked fine.  A week later I went into the Barclaycard website to remove an earlier AU, and found the same AU required verification again.  I'm wondering if other people have experienced Barclaycard verification requests and if it typically precedes a posting or other problem?
I'm seeing the same issue with barclays, will see if everything posts ok
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 09, 2023, 10:57:09 PM
What do y'all use for AU phone numbers with BofA AU adds?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on September 10, 2023, 08:04:03 AM
So the Barclaycard website asked me to verify an AU's information twice...  I entered the information initially, it appeared to accept it, but then the website seemed to flag it and indicated I could have account restrictions on my account if I didn't verify the AU info.  When I went in to verify the info, it had some fields prefilled with info I had entered previously, other fields required me to select a value (like relationship), and it preselected noncitizen on the citizenship question, even though I had previously selected US citizen.  (US citizenship verified by tradeline company.)  So I verified everything, it thanked me for doing so, and all looked fine.  A week later I went into the Barclaycard website to remove an earlier AU, and found the same AU required verification again.  I'm wondering if other people have experienced Barclaycard verification requests and if it typically precedes a posting or other problem?

I had something similar and I thought that maybe I had just made a mistake and checked the box for non-citizen as I had to change that when they asked me to verify the information. I was glad that I got a chance to correct it if that was the case since that would have potentially been a $175 mistake for checking the wrong box.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on September 14, 2023, 03:01:18 PM
So the Barclaycard website asked me to verify an AU's information twice...  I entered the information initially, it appeared to accept it, but then the website seemed to flag it and indicated I could have account restrictions on my account if I didn't verify the AU info.  When I went in to verify the info, it had some fields prefilled with info I had entered previously, other fields required me to select a value (like relationship), and it preselected noncitizen on the citizenship question, even though I had previously selected US citizen.  (US citizenship verified by tradeline company.)  So I verified everything, it thanked me for doing so, and all looked fine.  A week later I went into the Barclaycard website to remove an earlier AU, and found the same AU required verification again.  I'm wondering if other people have experienced Barclaycard verification requests and if it typically precedes a posting or other problem?
I'm seeing the same issue with barclays, will see if everything posts ok

Same here.  I updated the AU several times and the error message persisted.  I reported it to old company.  They advised they would contact me if needed.

Barclays web site is often buggy so I am hoping it is just that again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 14, 2023, 04:52:14 PM
What do y'all use for AU phone numbers with BofA AU adds?

Anyone?  Bueller?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on September 14, 2023, 09:55:25 PM
The AU’s phone number!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 14, 2023, 09:58:43 PM
The AU’s phone number!

Not provided with Old Company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 15, 2023, 08:13:09 AM
What do y'all use for AU phone numbers with BofA AU adds?
I always just put my phone number. Figured if they needed to talk to someone, they could call me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on September 15, 2023, 08:27:19 AM
What do y'all use for AU phone numbers with BofA AU adds?
I always just put my phone number. Figured if they needed to talk to someone, they could call me.
Yes me too. The last thing I would want is the CC company to talk to an AU.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Michael in ABQ on September 15, 2023, 09:01:07 AM
What do y'all use for AU phone numbers with BofA AU adds?

Anyone?  Bueller?

I have a Google Voice number I set up years ago for a side business and I use it for all my tradeline sales as well. If someone calls that it just rings through to my cell phone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ShellyFlorida on September 15, 2023, 09:03:11 AM
You can get an automatic $2k credit limit increase to Citi cards every 6 months with no credit pull.  You can request it online.

I only signed on with old company maybe a year and a half ago, and I listed my Citi card with them from the start, along with 3 other cards.  The Citi is the only one that has been selling for the last 9 mo. or so, and even then only one slot every few months ($75 b/c $12.5k CL).  So all in all, not much of a moneymaker for me.  Back in the beginning I think I sold a few Barclays slots @ $25 per, but not in a long time.

I have to say my experience with how much money can be made from tradeline selling has been markedly different from the reports on here by the longtime sellers like Arebelspy, etc.  And the tradeline companies can be fairly demanding, in terms of always being ready to drop everything going on in your life to add an AU in a very particular way, especially when it has to be done by phone like Citi.  I'm grateful to Arebelspy for helping us all with the process.  I'm only saying that newbies should maybe be aware that things seem to have changed a little for the worse since the thread was first started.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on September 15, 2023, 09:55:05 AM
What do y'all use for AU phone numbers with BofA AU adds?
I always just put my phone number. Figured if they needed to talk to someone, they could call me.
Yes me too. The last thing I would want is the CC company to talk to an AU.

Yes. The last time an AU spoke with the CC company, my account was immediately doomed. CC company closed my account within 24 hours. I still got paid, but that Elan card is long gone.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ShellyFlorida on September 15, 2023, 10:19:13 AM
You can get an automatic $2k credit limit increase to Citi cards every 6 months with no credit pull.  You can request it online and the increase is instantaneous.

Thanks for all the tips y'all.  I do have a Citi Custom Cash cards but only about a year of history; I'll mature that one over a few years and get credit limit increased -- I'd really hate to lose it though because I get 5% cash back at Aldi and the awesome discount grocer I go to.

I didn't realize Amex cards were useful for selling tradelines.  Does the old/new tradeline company use them?

I have a question about Barclays AAdvantage card:  when you downgrade the card to another without an annual fee, do you lose the AAdvantage American Airlines miles?  Would be nice to hold onto them and use over like 2 or 3 years. My BF could use to visit his mom.  Barclays is offering me 50k miles and a waived annual fee for the first year.  I'm tempted to apply for the Barclays AAdvantage card but I just applied and was approved for the Discover IT Cashback card just a few days ago.  I have 6 hard inquiries on my Transunion report and 4 on Equifax.

EDIT: I'll have only 3 hard inquiries on TransUnion in Mid June -- three will drop off by then.  Perhaps I'll apply for the Barclays card then.  Then my BF can visit his mom in say July and then May of the following year -- can get 2 round trips w/ the 50k miles; after that then downgrade the card to avoid the annual fee.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on September 15, 2023, 11:33:30 AM
Yes. The last time an AU spoke with the CC company, my account was immediately doomed. CC company closed my account within 24 hours. I still got paid, but that Elan card is long gone.
I've had 2 AU that didn't post after I had added them.  The first AU called the card company and reported fraud and had their account closed before it posted.  Old Company wasn't amused.  All I could say to the card people, was that "I'd have to talk and find out why they did that.  That was not what we discussed."  Duck and run.

The other did the same thing with another card in the same month.  I got paid but they caused a lot of heart burn for me and Old Company.

Sorry to hear that yours cost you a card. 

I put my phone number for the AU's also.  I am getting debt collector calls for one of them now.  The google number is something to look into.  Lots of good ideas here.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 15, 2023, 03:08:10 PM
Thanks all.  My phone rings only if I whitelist the number, so I think from now on I'll just put my number in there as several folks suggested.

Previously I was finding a number in the same area code as the AU, but that becomes problematic IMO if the issuer (BofA in this case) gets heartburn about the add and wants to talk with me about it.

FYI, Old Company isn't even doing BofA anymore due to shutdown risk.  I'm putting this BofA card on ice with Old Company for at least six months and maybe permanently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on September 16, 2023, 06:48:21 PM
Speaking of BOA!!!  After adding an AU on your BOA card, has anyone else gotten a letter from BOA asking you to call them so they "can get more information about the person you'd like to add as an AU"?

This came today, about 3 weeks after adding the AU.  Hopefully it didn't cause the AU not to post!

EDIT!! -  Secondcore521,  I just realized you may have had the same experience!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 16, 2023, 09:10:29 PM
Speaking of BOA!!!  After adding an AU on your BOA card, has anyone else gotten a letter from BOA asking you to call them so they "can get more information about the person you'd like to add as an AU"?

This came today, about 3 weeks after adding the AU.  Hopefully it didn't cause the AU not to post!

EDIT!! -  Secondcore521,  I just realized you may have had the same experience!

Yep, same exact experience.

In my case, my card still worked, which was nice.

I chose not to call because of the AU phone number issue hinted at above.  Let's just say the phone number I provided didn't connect BofA with the AU.

In my case, the AU did not post, and Old Company recommended resting the card for at least 4-6 months and possibly permanently.  I'm resting it six months and then revisiting the situation.

If you do call BofA about the letter, I'd be curious to hear what happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on September 18, 2023, 08:40:46 AM
Called BOA this morning and basically their response was "Uh, you don't have any AUs on your card, would you like to add one?"  UGH!
I told them I have a "Case #" from a letter I received from BOA, and BOA needs more info on my AU.
He had no clue about a Case #, and said "I can add an AU for you"  so I just hung up.

Contacted the TL company and told them the AU I added on 8/17 was not actually added at that time and asked if we should cancel or should I try to add the AU over the phone with BOA.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Archipelago on September 18, 2023, 09:35:22 AM
Yes. The last time an AU spoke with the CC company, my account was immediately doomed. CC company closed my account within 24 hours. I still got paid, but that Elan card is long gone.
I've had 2 AU that didn't post after I had added them.  The first AU called the card company and reported fraud and had their account closed before it posted.  Old Company wasn't amused.  All I could say to the card people, was that "I'd have to talk and find out why they did that.  That was not what we discussed."  Duck and run.

The other did the same thing with another card in the same month.  I got paid but they caused a lot of heart burn for me and Old Company.

Sorry to hear that yours cost you a card. 

I put my phone number for the AU's also.  I am getting debt collector calls for one of them now.  The google number is something to look into.  Lots of good ideas here.

Yeah, it was a real head scratcher trying to figure out why someone willingly signed up and paid a decent amount of $ for a credit boosting service, then called the CC company to report fraud and have it all shut down. That's the inherent risk you run in this side hustle. So it can go without saying don't put up a card unless you're willing to lose it and all of its benefits, points, etc.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on September 18, 2023, 10:04:18 AM
Yeah, it was a real head scratcher trying to figure out why someone willingly signed up and paid a decent amount of $ for a credit boosting service, then called the CC company to report fraud and have it all shut down.
It’s the nature of the beast. There are usually reasons why some people have low credit scores.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on September 22, 2023, 12:06:11 PM
If someone is selling tradelines but their credit score gets dinged by collections or other negative marks, can they still keep selling tradelines provided that the negative mark is not for the credit cards they use for TLs? For example, if it's an unpaid medical bill, unpaid rent etc that goes into collections, does that show on their AU credit reports too?

This could happen for many reasons even to financially responsible people, including hospital billing errors, forgotten bills not getting paid... even gym memberships sometimes dont get properly canceled and go into collections
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on September 22, 2023, 12:23:18 PM
If someone is selling tradelines but their credit score gets dinged by collections or other negative marks, can they still keep selling tradelines provided that the negative mark is not for the credit cards they use for TLs? For example, if it's an unpaid medical bill, unpaid rent etc that goes into collections, does that show on their AU credit reports too?

This could happen for many reasons even to financially responsible people, including hospital billing errors, forgotten bills not getting paid... even gym memberships sometimes dont get properly canceled and go into collections

Correct, the credit score of the cardholder isn't relevant, just the card history (on time payments, limit, age opened).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on September 26, 2023, 09:30:25 PM
Does anyone have the latest payout information for the bad company? I can't find it online or in this thread (though I think it was posted a while back). I had a couple of adds today for a BoA card, and I think the quoted commission is low (for those interested, quoted $100/add for a 7 year old card with a $22k limit).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on September 27, 2023, 06:00:32 PM
This is the one I have:
https://forum.mrmoneymustache.com/share-your-badassity/selling-tradelines-piggybacking-part-ii-$1000hr-20-40kyr-side-gig/3500/

It says a card 4 to 8 years old in the $20,000 to $29,999 range earns $175.

If you can get it into the Old Company, it will earn $250.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on September 27, 2023, 06:01:30 PM
new company
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on September 28, 2023, 11:32:51 AM
new company

Thanks. I’ll have to email them.

Unfortunately the good company told me they aren’t taking BoA anymore. Can’t remember the reason—either high shut down rate or low posting rate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 28, 2023, 11:48:05 AM
new company

Thanks. I’ll have to email them.

Unfortunately the good company told me they aren’t taking BoA anymore. Can’t remember the reason—either high shut down rate or low posting rate.

It was a high shut down rate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on September 29, 2023, 01:09:16 PM
Heh, it’s now “bad company and good company” instead of new/old company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on September 29, 2023, 02:52:19 PM
Heh, it’s now “bad company and good company” instead of new/old company.

Honestly easier to remember.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on October 07, 2023, 04:46:54 PM
I see Alliant Credit Union Credit Cards are now accepted by old company.  Application and approval completed quickly. 

I'm glad to see they are adding more banks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on October 08, 2023, 01:28:15 PM
But are they adding new openings to add your cards? I've supposedly been on the wait-list for a couple years now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on October 08, 2023, 01:43:06 PM
I have not heard about open enrollment.  My solution is to keep getting cards for when it does happen. 

To improve your chances, get high credit limit cards.  Old ones are great, but you can't speed that up.  I'm playing the long game and building inventory for the future.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on October 10, 2023, 12:33:09 PM
Is anyone else having posting issues with Chase cards lately, in the last 2-3 months?

I have been selling my Chase card since 2019 and have sold a total 42 spots...   No issues at all, until the last two AU's did not post.
I have always added AU's online (which doesn't not ask for SSN).

I think I will do a test and add my son over the phone so that I can provide the SSN.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 10, 2023, 01:41:08 PM
Is anyone else having posting issues with Chase cards lately, in the last 2-3 months?

I have been selling my Chase card since 2019 and have sold a total 42 spots...   No issues at all, until the last two AU's did not post.
I have always added AU's online (which doesn't not ask for SSN).

I think I will do a test and add my son over the phone so that I can provide the SSN.

Not me.  I've had three (non-family) AUs added to two different Chase cards successfully in the past four months.  All were added online.  Chase uses name, DOB, and address - if you add an AU with those three items and they match the AU, then it should post.

The only thing I can think of that might be the issue is if you're using your address instead of the AU address.  Even if you list the AU's address on the form and request a CC be sent, it'll still be sent to your address (unless you override that).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 11, 2023, 02:42:07 PM
I see Alliant Credit Union Credit Cards are now accepted by old company.  Application and approval completed quickly. 

I'm glad to see they are adding more banks.

How are you seeing this?  @Nutty 

I don't think I have received any emails from them lately...  thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on October 12, 2023, 07:13:30 AM
@katsiki  Go to the FAQ at old company and check the updated page 5 FAQ for cards they accept.  It will list Alliant but not specify the bank or the credit union.

The nice lady confirmed it was Alliant CU.  So use the SUB code to open a savings account from DOC and apply for a card.  I didn't find a referral program. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on October 12, 2023, 02:24:08 PM
@katsiki  Go to the FAQ at old company and check the updated page 5 FAQ for cards they accept.  It will list Alliant but not specify the bank or the credit union.

The nice lady confirmed it was Alliant CU.  So use the SUB code to open a savings account from DOC and apply for a card.  I didn't find a referral program.

Thanks Nutty.  I forgot they had that section of the site..
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on October 15, 2023, 09:48:13 PM
Trying to get a better idea of all the card dynamics so I built this table.  There are several unknowns I would like to fill in.  If anyone has input I will update the table.

Would really like to know anything with " ?!?! ", thanks in advance.

-------------------------/ Life      / Reset by / Cancel 1 Card / Add    / Remove / At a   / Annual / Cycles / Notes
-------------------------/ Time    / Product  / All Cards or     / Online / Online    / time   / Max    /
-------------------------/ Limit    / Change  / All Accounts     /           /              / limit    /          /
---------------------------------------------------------------------------------------------------------------------
Bank of America           /            /             / All Accounts     /            /              /           /          /   2      /
Barclays                       /35/card/    Yes    /       ?!?!           / Online /   Online   /     2     /          /   2     /
Capital One                  /   ?!?!    /   ?!?!    / All Cards          / Online /   Online   /     2     /          /    3    /
Chase                          /   ?!?!    /   ?!?!    / All Accounts    / Online  /    CALL    /     2     /          /     4   /
Citi                              /              /             /                       /  CALL  /ChatCALL/     2     /          /   2     /
Discover                      /              /             / All Accounts    / Online /   Online   /   1       /   7     /   2     /
Elan Financial               /    ?!?!    /   ?!?!    /                       / Online /ChatCALL  /     2     /          /   2     / Instructions say phone but can do online
NFCU                          /              /             /                        / Online /               /           /   4     /    3    / Military only
PNC                            /              /             /                        / Online /    CALL    /  1       /   5     /   2      / Instructions say phone but can do online
Synchrony CareCredit  /              /             /                        /  CALL  /    CALL   /           /          /   2      /
US Bank                      /              /             / All Accounts     / Online /    CALL    /     2    /         /   2      /
USAA                          /              /             /                        /            /               /           /         /   2      / Military only
Huntington Bank         /              /             /                        / Online  /                /           /         /   2      /
American Express       / 99/card  /   ?!?!    /       ?!? !          / Online  /                /           /         /   2      /
TD Bank/Target          / 35/card  /             /                        /            /               /            /         /          /

Thanks in advance
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on October 16, 2023, 09:23:21 AM
@Riker626 can you really reset TL limit for barclays by changing the product? I tried that a couple of times and couldn't do it. Also they seem to only be able to change products to the same kind of co branded card (e.g. Wyndham premium to Wyndham free card).

The only time I think my limit was reset was when they discontinued one of their co branded cards and sent me a new plain card in exchange.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on October 22, 2023, 03:55:55 PM
@Riker626 can you really reset TL limit for barclays by changing the product? I tried that a couple of times and couldn't do it. Also they seem to only be able to change products to the same kind of co branded card (e.g. Wyndham premium to Wyndham free card).

The only time I think my limit was reset was when they discontinued one of their co branded cards and sent me a new plain card in exchange.

Thanks for the reply.  I thought I read they could be reset, perhaps not.  I will read more (massive thread) and update, thanks.

Was hoping for better feedback, oh well ...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on October 22, 2023, 03:59:18 PM
I know that Discover limits AUs to 7 annually.  However is that per card or per person in general?

Thanks in advance
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on October 22, 2023, 06:59:19 PM
I know that Discover limits AUs to 7 annually.  However is that per card or per person in general?

Thanks in advance
Ask the nice Lady.  They were trying to figure it out and I didn't get a good answer last year when this started. 

For me, it is seven per card.  P1 and P2 have one card each.  Really put a damper on our largest money makers.  C'est la vie.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on October 25, 2023, 01:11:43 PM
What's the latest situation with Barclays?  This is my first Barclays AU add and I'm instructed (by the new company) to call in to add because there is no way to provide SSN online. Is this necessary? I'm away and can't call in.

Thanks!

Same question? are you guys calling in to add the SSN or you just do it online without the SSN and it still works. I haven't sold tradelines in a while. Thanks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 25, 2023, 01:26:06 PM
What's the latest situation with Barclays?  This is my first Barclays AU add and I'm instructed (by the new company) to call in to add because there is no way to provide SSN online. Is this necessary? I'm away and can't call in.

Thanks!

Same question? are you guys calling in to add the SSN or you just do it online without the SSN and it still works. I haven't sold tradelines in a while. Thanks.

If you're away you're supposed to put your cards on hold.

Old/Good company's written instructions say for Barclays to do it online with name/DOB/address.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on October 25, 2023, 06:45:50 PM
Old/Good company's written instructions say for Barclays to do it online with name/DOB/address.

I do this for the new/bad company and I haven't had a problem. If they wanted me to follow the instructions, they should pay me when owed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: medinaj2160 on October 26, 2023, 04:14:38 AM
What's the latest situation with Barclays?  This is my first Barclays AU add and I'm instructed (by the new company) to call in to add because there is no way to provide SSN online. Is this necessary? I'm away and can't call in.

Thanks!

Same question? are you guys calling in to add the SSN or you just do it online without the SSN and it still works. I haven't sold tradelines in a while. Thanks.

If you're away you're supposed to put your cards on hold.

Old/Good company's written instructions say for Barclays to do it online with name/DOB/address.

Is the cap for the Barclays Cards 35 authorized user for the life of the car or yearly?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 26, 2023, 04:20:54 AM
What's the latest situation with Barclays?  This is my first Barclays AU add and I'm instructed (by the new company) to call in to add because there is no way to provide SSN online. Is this necessary? I'm away and can't call in.

Thanks!

Same question? are you guys calling in to add the SSN or you just do it online without the SSN and it still works. I haven't sold tradelines in a while. Thanks.

If you're away you're supposed to put your cards on hold.

Old/Good company's written instructions say for Barclays to do it online with name/DOB/address.

Is the cap for the Barclays Cards 35 authorized user for the life of the car or yearly?

Lifetime of the card.  Seems hard if not impossible to reset.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on October 26, 2023, 06:12:13 PM
Barclays is lifetime limit PER CARD. I tried to reset through a product change, unsuccessfully.

however, you CAN transfer your credit limit between cards, so if you open a second card (or if you planned ahead and opened a new card years ago), you can transfer the limit and then start selling on the second card once it is seasoned.

I am currently selling spots on my second Barclays card and opened a third that is seasoning.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on October 31, 2023, 01:48:33 PM
Hello,
Two questions:
Does any company take Wells Fargo cards to sell tradelines?
What's a good Barclays card to get and sell tradelines later? (I've had the Aviator before so I think I can't get the bonus again)
Thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on October 31, 2023, 02:24:56 PM
All Barclays cards are equal.  Grab the one with the largest sign up bonus. 

<If you get the AARP (no age requirement), you will get all kinds of Medicare, insurance and spam calls.  I am not amused.  Yes, I turned off the affiliate sales calls notifications twice already.  They will sell your information and wear your phone out.>

No clue about Wells Fargo. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on October 31, 2023, 04:00:58 PM
All Barclays cards are equal.  Grab the one with the largest sign up bonus. 

<If you get the AARP (no age requirement), you will get all kinds of Medicare, insurance and spam calls.  I am not amused.  Yes, I turned off the affiliate sales calls notifications twice already.  They will sell your information and wear your phone out.>

No clue about Wells Fargo.

thanks!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on October 31, 2023, 04:01:07 PM
I've gotten the Aviator bonus twice, and it's rather easy and lucrative to do.  Can't recall offhand if it was the exact same card but I think it was - Aviator Red MC or some such.  Check the T&C if you decide to apply - the language will be in there as to what the rules are.  Or Doctor of Credit might have data points on that one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on October 31, 2023, 06:41:48 PM
I've gotten the Aviator bonus twice, and it's rather easy and lucrative to do.  Can't recall offhand if it was the exact same card but I think it was - Aviator Red MC or some such.  Check the T&C if you decide to apply - the language will be in there as to what the rules are.  Or Doctor of Credit might have data points on that one.
Remind me what the rules are about referral bonuses here.  OK if they ask? 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on November 01, 2023, 07:32:04 AM
I've gotten the Aviator bonus twice, and it's rather easy and lucrative to do.  Can't recall offhand if it was the exact same card but I think it was - Aviator Red MC or some such.  Check the T&C if you decide to apply - the language will be in there as to what the rules are.  Or Doctor of Credit might have data points on that one.

Well, this is what the terms and conditions say:
Bonus AAdvantage® Miles and Incentives
From time to time, we may offer bonuses of AAdvantage® miles or other incentives to new American Airlines AAdvantage® Aviator® Red Mastercard cardmembers in connection with an application for a new card account. These bonuses and/or incentives are intended for applicants who are not and have not previously been American Airlines AAdvantage® Aviator® Red Mastercard cardmembers.
From here https://www.barclaycardus.com/applycontent/TnCs.jsp?tc45329https://www.barclaycardus.com/applycontent/TnCs.jsp?tc45329
The others are not that great compared to the Aviator.
Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on November 05, 2023, 03:19:15 AM
I have gotten a lot of useful info from this forum and wanted to provide some input from my experience of my Chase cards getting shut down last week.  Hopefully this can help others.

But first let me say that I'm not upset, I knew this was possible, have about 20-22 cards, and could loose all but maybe 2 (any 2) and be OK.  So, no worries on my side.

So my account came under review and was shut down for "Too many requests for credit or reviews of credit" and "Account not used as intended".  So why did it come under review?  My belief is I was doing too many new activities with Chase all at the same time.  If all you are doing is AUs at the recommended lever I don’t believe it would be reviewed.

AU placement:
I have only used the old company for this card.
Only had 1 AU at the moment of review.
2 in 2020; 6 in 2021; 4 in 2022; 2 in 2023 (counting the current UA) - 14 total life.
CC was 11 years old, 20k card, but relatively low usage (50 to 1,500 a month).
Not enough to warrant a review by itself.

Other activity:
1st: I had finally waited long enough on the 5/24 rule and got a 2nd chase CC, limit 21.5k.  I also did a CLI on my primary Chase card from 16k to 20k.
2nd: I then opened 4 other CCs and did several CLIs on other cards.
3rd: I wanted to give Chase more account activity for the checking account, thinking they would like that, so changed my payroll deposit over to Chase.
4th: I funded a stock market account using my Chase account, this was done primary because the stock market account has rules against funding it from multiple sources in a given time period, since I had used Chase in the last year, I choose to transfer funds from another checking account to Chase and then move those funds to my stock account.
5th: All this movement drained my other account that I use for basic bills, so once payroll deposits started coming in, I then transferred some of those funds back to my original checking.  Movement in 3 different directions to 2 different accounts.
6th: Checking balance for Chase dropped from about 26k to about 2k.

So I think I had a lot of flags pop up at the same time, then all they had to do was see all the AUs and cancel both CCs.  Went through the review process for reinstatement but didn’t get it.  You have to call a special number and then get moved up a series of people till you get to the “not nice guy”.  They didn’t like all the different last names for AUs and new CCs.  Told them I was getting new cards for all the different benefits and the AUs were in laws and associates I was trying to help out.  Didn’t work, lol.  Was told I could ask for reinstatement again in 30 days, not sure I will do that or not.  I fully expect the ability to get another chase CC after the 5/24 rule, sooner if I hadn't just gotten several others.  My moral line is if I get them reinstated then I wouldn’t do any more AUs with Chase, but if they are canceled and I wait to get new cards then I’m going to do it again.

Odd part is they didn’t close my checking account, everyone says they shut everything down but not my checking account.

I had a lot of unused rewards in my primary card (175.35 worth), they didn’t remove it online, so I just recently had it sent to my checking account, hopefully it goes through.

The 2nd card I just got had a 200.00 SUB that I had already met the spending on, but it has not shown up yet, however I have also not received my first billing statement for it yet, so it might still show up, not sure.

Anyway, it was my oldest card but not upset, I have many others, and really don’t care what a bank thinks of me, there are many others, don’t fear them.  The recent addition of cards dropped my TransUnion score from 842 to 818.  Equifax is still 831.  Have to see what loosing Chase does, loosing the old one isn’t good but loosing the new card will probably help, still expecting a small drop.

Hope this helps 😊
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 05, 2023, 05:33:41 AM
Sorry for the shutdown.

That is really good data, thanks for sharing!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on November 05, 2023, 08:13:31 AM
I have gotten a lot of useful info from this forum and wanted to provide some input from my experience of my Chase cards getting shut down last week.  Hopefully this can help others.

But first let me say that I'm not upset, I knew this was possible, have about 20-22 cards, and could loose all but maybe 2 (any 2) and be OK.  So, no worries on my side.

So my account came under review and was shut down for "Too many requests for credit or reviews of credit" and "Account not used as intended".  So why did it come under review?  My belief is I was doing too many new activities with Chase all at the same time.  If all you are doing is AUs at the recommended lever I don’t believe it would be reviewed.

AU placement:
I have only used the old company for this card.
Only had 1 AU at the moment of review.
2 in 2020; 6 in 2021; 4 in 2022; 2 in 2023 (counting the current UA) - 14 total life.
CC was 11 years old, 20k card, but relatively low usage (50 to 1,500 a month).
Not enough to warrant a review by itself.

Other activity:
1st: I had finally waited long enough on the 5/24 rule and got a 2nd chase CC, limit 21.5k.  I also did a CLI on my primary Chase card from 16k to 20k.
2nd: I then opened 4 other CCs and did several CLIs on other cards.
3rd: I wanted to give Chase more account activity for the checking account, thinking they would like that, so changed my payroll deposit over to Chase.
4th: I funded a stock market account using my Chase account, this was done primary because the stock market account has rules against funding it from multiple sources in a given time period, since I had used Chase in the last year, I choose to transfer funds from another checking account to Chase and then move those funds to my stock account.
5th: All this movement drained my other account that I use for basic bills, so once payroll deposits started coming in, I then transferred some of those funds back to my original checking.  Movement in 3 different directions to 2 different accounts.
6th: Checking balance for Chase dropped from about 26k to about 2k.

So I think I had a lot of flags pop up at the same time, then all they had to do was see all the AUs and cancel both CCs.  Went through the review process for reinstatement but didn’t get it.  You have to call a special number and then get moved up a series of people till you get to the “not nice guy”.  They didn’t like all the different last names for AUs and new CCs.  Told them I was getting new cards for all the different benefits and the AUs were in laws and associates I was trying to help out.  Didn’t work, lol.  Was told I could ask for reinstatement again in 30 days, not sure I will do that or not.  I fully expect the ability to get another chase CC after the 5/24 rule, sooner if I hadn't just gotten several others.  My moral line is if I get them reinstated then I wouldn’t do any more AUs with Chase, but if they are canceled and I wait to get new cards then I’m going to do it again.

Odd part is they didn’t close my checking account, everyone says they shut everything down but not my checking account.

I had a lot of unused rewards in my primary card (175.35 worth), they didn’t remove it online, so I just recently had it sent to my checking account, hopefully it goes through.

The 2nd card I just got had a 200.00 SUB that I had already met the spending on, but it has not shown up yet, however I have also not received my first billing statement for it yet, so it might still show up, not sure.

Anyway, it was my oldest card but not upset, I have many others, and really don’t care what a bank thinks of me, there are many others, don’t fear them.  The recent addition of cards dropped my TransUnion score from 842 to 818.  Equifax is still 831.  Have to see what loosing Chase does, loosing the old one isn’t good but loosing the new card will probably help, still expecting a small drop.

Hope this helps 😊

It takes ten years for your closed cards to reduce your average age of accounts and drop off your credit report, having the cards closed should not effect your scores unless there's some negative adjustment for having a card closed by an issuer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 05, 2023, 10:16:52 AM
My working theory is that CC companies just periodically go through and look for CC users with more than X (X = 10 maybe?) AUs lifetime, then manually go through the list and cancel any that look like abusers of their system.

I had two US Bank cards shut down and was doing nothing other than adding and removing AUs and making small monthly charges.  I suspect I was just caught in a periodic review.

I don't try to hide my AU activity other than to do as much via computer and website rather than in person or on the phone in order to minimize the CC company having humans look at my account.

Banks exist in part to move money around, so I doubt #3, #4, #5, or #6 had anything to do with the shutdowns.

I suspect you'll be able to get another Chase card if you want when you fall below 5/24 again.  My experience with US Bank is that they don't blacklist you from CCs for life; they just close the cards you have open that you're piggybacking on.  I got two new USBank cards a while after my earlier ones were closed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on November 05, 2023, 06:29:24 PM
I actually got my US Bank card threatened to be closed when they scrutinized my AU activity (I suspect one of my AUs tried to open or apply for a U.S. Bank card and that’s when they looked at my activity). I had to remove my AUs to keep the card. Less than a year later, I tested the waters by adding my stepson to my account…then when nothing happened, started adding AUs as before. So far so good.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: TheAgileCamel on November 07, 2023, 07:21:46 AM
Citi is removing their tradelines completely from AU's credit files. These are no longer showing as inactive let alone active accounts. They are totally removed. I still have people on my card that the company is saying they have been removed entirely. Is anyone else seeing this? Seems strange as we never removed the AUs and they show as active on our end. They said this is a new trend.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on November 07, 2023, 07:51:37 AM
Citi is removing their tradelines completely from AU's credit files. These are no longer showing as inactive let alone active accounts. They are totally removed. I still have people on my card that the company is saying they have been removed entirely. Is anyone else seeing this? Seems strange as we never removed the AUs and they show as active on our end. They said this is a new trend.
I still see my AUs listed on my Citi card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on November 07, 2023, 11:56:20 AM
I also just called in to add a SSN to one of my AUs on my AAdvantage Citi card (due to a request from the TL company) and was able to do so. The agent never mentioned anything about AUs not being accepted or cancelled. 🤷
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on November 07, 2023, 02:43:01 PM
I haven’t noticed anything off with Citi. I have had issues with some random non-postings here and there, but not someone getting posted and then removed
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 10, 2023, 02:09:41 PM
When my chase card was shut down, they said that it was a random review and that my AUs were on for too short a time then removed.  Hmmm, it's almost like they figured out what I was doing.

BoA got me a personal letter from their President, Darth Vader.  I had put my first AU on each of 3 BoA cards.  BAM, closed them all.  The death star does that.  No warning, just a death ray through the eye.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ezhang43 on November 14, 2023, 01:06:03 AM
This is neither old nor new company, so I hope I'm not breaking any rules here by calling out gfsgroup.org (if it is, please take it down or I can remove/edit as well) -- but a word of caution to those looking to explore outside old/new company.

I worked with them with clear and constant communication for about 3 months, but recently when it came time to payment for one of my TLs, I've been ghosted for over a week, with several other TLs on my cards that I don't expect to get paid either. I'll be removing everything and not looking to work them any longer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on November 14, 2023, 03:39:14 AM
Sounds like they are following the New company strategy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 14, 2023, 07:19:28 AM
This is neither old nor new company, so I hope I'm not breaking any rules here by calling out gfsgroup.org (if it is, please take it down or I can remove/edit as well) -- but a word of caution to those looking to explore outside old/new company.

I worked with them with clear and constant communication for about 3 months, but recently when it came time to payment for one of my TLs, I've been ghosted for over a week, with several other TLs on my cards that I don't expect to get paid either. I'll be removing everything and not looking to work them any longer.

From the second post in this thread:

[Redacted out of date information about tradeline company comparisons.]

Choosing a Tradeline Company

There are a lot of bad actors in this industry. Scams at worst, but often just people looking to make a quick buck, not worrying about doing things the "right" way.

I've researched probably 15-20 tradeline companies, and have only found two that I think properly protect the cardholders (you, the one selling the tradelines) via their vetting of Authorized Users to help prevent fraud, have good information security (protect your information properly via good IT security practices), and have been in business long enough to be trustworthy.

If you decide to try out the many choices in tradeline companies out there, please do your due diligence on the company. Downside scenarios include a much higher likelihood of your cards getting closed, but worse, potentially participating in fraud (versus the lengths the good companies go to avoid that, as a protection for you).

If you want a referral to the two tradeline companies I recommend, Click Here To Send Me a PM (http://forum.mrmoneymustache.com/pm/?sa=send;u=25).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 14, 2023, 07:21:29 AM
He did reach out to me, a few months ago, and the old company wasn't taking new cardholders, so he purposefully was trying to branch out and take a shot on someone else (and asked if I had ever heard of them, which I hadn't). But yeah, that's the risk with a lot of companies.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 15, 2023, 10:04:49 AM
I sent what I guess will be a new, annual message to the new company, reminding them that I have not been paid since last August despite having constant AUs put on.  We'll see if anything happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 15, 2023, 10:33:47 AM
I sent what I guess will be a new, annual message to the new company, reminding them that I have not been paid since last August despite having constant AUs put on.  We'll see if anything happens.

The only way I ever got paid by New Company was to escalate.  Sometimes to @arebelspy, who was very kind to help and seemed an effective intercessor.  I'm not sure whether his offer to intercede is still available or not.

I never did find out the reasons for the persistently poor payment issue with New Company.  I imagined several and decided none of them were acceptable to me.

I eventually shifted all of my cards to Old Company because of the payment issues with New Company.  I know that's not an option for everyone.

FWIW, although it took far longer than I thought reasonable, I did eventually get paid everything that was owed to me from New Company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 17, 2023, 09:16:52 AM
When I add Barclays AUs, i always choose the option to not issue a card. However, i just logged on to the website and saw that several AU cards are on the way. Also for all these AUs the "has card?" field is marked as "Yes". Does anyone else see the same thing on their account? It looks like some kind of IT/system error
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on November 17, 2023, 11:25:01 AM
My Barclays AUs "No" in the "Has card?" field. They were authorized 9/13 and 11/3, in case that helps. Maybe it's a recent thing?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on November 18, 2023, 03:54:55 PM
Has anyone heard that PNC now limits AUs to 5 per year?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 18, 2023, 04:26:44 PM
Has anyone heard that PNC now limits AUs to 5 per year?

Yes.  That is what Good Company said in an email to me recently.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 18, 2023, 06:12:28 PM
Has anyone heard that PNC now limits AUs to 5 per year?

That works for me.  Just got my first AU on PNC.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on November 19, 2023, 06:57:20 PM
Is anyone else having posting issues with Chase cards lately, in the last 2-3 months?

I have been selling my Chase card since 2019 and have sold a total 42 spots...   No issues at all, until the last two AU's did not post.
I have always added AU's online (which doesn't not ask for SSN).

I think I will do a test and add my son over the phone so that I can provide the SSN.


Update on Chase...  I have been selling tradelines on two Chase cards since 2018.  I have sold 44 spots on one and 45 on the other.

I mentioned in my previous post (see above) that I am having issues with the last 2 AU's on one of the Chase cards.

So last month I added my adult son to that card. I did receive his AU card in the mail a few days later.
However, it has been over a month now and he has not posted per his Credit Karma

My other Chase card seems to be working fine still.

I was thinking about using Chase's Secure Message and email a question to see if they can research why my son is not posting.

What say you?  Should I do that?  I'm a little worried that may prompt them to dig into my other Chase card as well and see 90 AU's between the two cards in the last 5 years!!! and shut me down.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on November 19, 2023, 07:19:09 PM
Is anyone else having posting issues with Chase cards lately, in the last 2-3 months?

I have been selling my Chase card since 2019 and have sold a total 42 spots...   No issues at all, until the last two AU's did not post.
I have always added AU's online (which doesn't not ask for SSN).

I think I will do a test and add my son over the phone so that I can provide the SSN.


Update on Chase...  I have been selling tradelines on two Chase cards since 2018.  I have sold 44 spots on one and 45 on the other.

I mentioned in my previous post (see above) that I am having issues with the last 2 AU's on one of the Chase cards.

So last month I added my adult son to that card. I did receive his AU card in the mail a few days later.
However, it has been over a month now and he has not posted per his Credit Karma

My other Chase card seems to be working fine still.

I was thinking about using Chase's Secure Message and email a question to see if they can research why my son is not posting.

What say you?  Should I do that?  I'm a little worried that may prompt them to dig into my other Chase card as well and see 90 AU's between the two cards in the last 5 years!!! and shut me down.

It should post to the AU account after the statement close as long as you have a balance.

My two Chase cards have been working fine adding AUs.  I also add online and only provide the information Chase asks for - name, DOB, address.  Those three data points should be enough for it to match to a credit bureau history.  But I haven't added as many AUs as you have.

Personally I wouldn't take the risk of asking Chase to investigate the non-posting because of the risk of shut down.  I'm not sure what I would do in your shoes...maybe give those cards a rest for six months then try again.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on November 19, 2023, 07:44:19 PM
I did end up adding my son online (instead of calling in),  I added him on Oct 10 and my statements close/report on the 12th.
I saw my Transunion report on Nov 12th (via CreditKarma), and Equifax took 2 more days (Nov 14) on CreditKarma before the Nov 12 reporting.

But my son's CreditKarma still does not show my Chase card.

Last month I did shut down selling this particular Chase card and will keep it that way for a 4-5 months and maybe try adding my other son.

I agree with you, I don't think I will message Chase... don't want to push my luck!

Kinda bummed though because this is my highest paying card.  :-(   That's the way it goes I guess!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on November 21, 2023, 10:42:21 AM
I had my son's on my Chase card and it definitely showed up on their credit reports.  When it got shut down for tradeline sales, the credit score for them went down.  So yah, it did report for them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on November 25, 2023, 09:11:55 AM
I'm a little mystified about this whole process. Some posters write about going thru lots of AUs and not getting closed down.
Chase closed my card down after 10 AUs in 5 years.
Now Capital One restricted my account after 5 AUs in 3 years.

Capital One wants copies of the driver's licenses and social security cards of the last 2 AUs. I notified Erica and she responded "This is what generally happens before they close your account.  We dont supply the DL or SS card because they are only trying to fish for information."  I'm disappointed by that response because my understanding was that they would provide those documents if needed. Maybe it's only the other company that does that.

Anyway, I've still got a few cards in use, just waiting for them to also be closed. It's a little easy money in the meantime.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: almost on November 25, 2023, 04:54:17 PM
I'm a little mystified about this whole process. Some posters write about going thru lots of AUs and not getting closed down.
Chase closed my card down after 10 AUs in 5 years.
Now Capital One restricted my account after 5 AUs in 3 years.

Capital One wants copies of the driver's licenses and social security cards of the last 2 AUs. I notified Erica and she responded "This is what generally happens before they close your account.  We dont supply the DL or SS card because they are only trying to fish for information."  I'm disappointed by that response because my understanding was that they would provide those documents if needed. Maybe it's only the other company that does that.

Anyway, I've still got a few cards in use, just waiting for them to also be closed. It's a little easy money in the meantime.

I just had the same thing happen with Capital One three days ago.  They asked for ID verification for the last 6 AU's over a span of about 6 months.  I had 11 AU's over 19 months on a $5,500 credit line.  It was with a different broker, but their response was the same.

I had just asked for and received a credit limit the day before this happened.  My last AU add was about 2 months ago, so I wonder if it was the credit limit request that triggered a review and found me out.  Or maybe it was just a periodic review of all accounts with AU's.  I remember a few years ago Capital One drastically cut my credit line and I heard others experienced the same thing - like they were doing spring cleaning.

BOA closed my account after 11 AU's over 4 years.  I accept the risk of shutdown with all the cards I have for sale.  I get a lot of value out of Chase rewards so I do not sell Chase cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on November 27, 2023, 12:54:07 PM
I'm a little mystified about this whole process. Some posters write about going thru lots of AUs and not getting closed down.
Chase closed my card down after 10 AUs in 5 years.
Now Capital One restricted my account after 5 AUs in 3 years.

Capital One wants copies of the driver's licenses and social security cards of the last 2 AUs. I notified Erica and she responded "This is what generally happens before they close your account.  We dont supply the DL or SS card because they are only trying to fish for information."  I'm disappointed by that response because my understanding was that they would provide those documents if needed. Maybe it's only the other company that does that.

Anyway, I've still got a few cards in use, just waiting for them to also be closed. It's a little easy money in the meantime.

I've had a capital one card shut down before, and it went exactly like this. I actually did supply the documents requested. They then simply told me that they could not accept the documents I sent over, would not tell me what was wrong with them, then proceeded to shut down my account anyways. Not too big of a loss, as I was ready to lose that card. I now have another Capital one card I've been selling on.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on November 30, 2023, 08:28:52 AM
When BofA closes your card for selling TLs, do they close all of your other cards as well?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on November 30, 2023, 08:38:07 AM
When BofA closes your card for selling TLs, do they close all of your other cards as well?
With the caveat that anything can change any time, and any issuer can do whatever they want at anytime... No, not historically/typically.

I've had a B of A card closed, they left my other cards and accounts open. Ditto other people's experiences that I've read.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: ducky19 on December 01, 2023, 12:35:18 PM
I'm on the other side of that experience. I sold 4-5 spots total on two of my four B0A cards and they were all shut down. YMMV.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 02, 2023, 03:00:15 PM
When BofA closes your card for selling TLs, do they close all of your other cards as well?

Mine were with 3 separate cards.  But all 3 had new AUs on them (first AUs ever on them) and I used all 3 at a gas station to put some $$ on them.  BAM.  Goodbye. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on December 03, 2023, 12:54:11 PM
Earlier this year, BOA closed both my cards, even though I was only selling TLs on the one.

FYI - I just had a CapOne card closed for "fraud" after 14 total sales since 2020, 7 of which were this year. So far the other two CapOne cards I am seasoning are still alive....fingers are crossed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 03, 2023, 01:46:41 PM
Good to know about BofA. My data point is like 5-6 years old,; it sounds like they became more aggressive with their shutdowns at some point.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: slick1003 on December 03, 2023, 02:55:53 PM
Earlier this year, BOA closed both my cards, even though I was only selling TLs on the one.

FYI - I just had a CapOne card closed for "fraud" after 14 total sales since 2020, 7 of which were this year. So far the other two CapOne cards I am seasoning are still alive....fingers are crossed.
Same here. Cap One shut down both cards for me and P2 at the exact same time yesterday. They must have just done a sweep.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on December 04, 2023, 09:20:27 AM
Earlier this year, BOA closed both my cards, even though I was only selling TLs on the one.

FYI - I just had a CapOne card closed for "fraud" after 14 total sales since 2020, 7 of which were this year. So far the other two CapOne cards I am seasoning are still alive....fingers are crossed.
Same here. Cap One shut down both cards for me and P2 at the exact same time yesterday. They must have just done a sweep.

I got notifications from old company and another TL company I deal with about Capital one, so it does appear to be some kind of systematic sweep.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on December 04, 2023, 09:26:34 AM
I have a Cap One card with an AU on it, and I didn't get shut down. I wonder what the criteria was for their sweep?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on December 04, 2023, 10:41:55 AM
Last month, I removed the only Cap One AU for this year.  Both my cards are still active. 

Another data point and curious what criteria they have also.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on December 04, 2023, 01:33:10 PM
I have a Capital One card with AUs on it, and no sweep or notification from the new/bad company. (Not that that's surprising, though.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 04, 2023, 03:11:05 PM
Yeah I also just got notification this weekend from my TL company that they were pausing Cap One.

Bummer because I was literally today going to start selling my "new" Cap One card that I have been aging for 2 years ($35k CL).

My original Cap One card was my biggest $ card.  I started selling it in 2018 for $350 per AU.  I sold a total of 32 AU's through July 2021.
But.... in Aug of 2020, out of nowhere Cap One lowered my CL from $30k to $10k.  My TL company said they would continue selling at $200 per AU if I wanted.
However I paused it for a few months, then started back up.  I sold 7 AUs at the $200 rate then BAMMM in July 2021 Cap One closed my account!!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 04, 2023, 03:14:45 PM
OK here's a data point for y'all regarding Bank of America

I've been selling on BOA card since Aug 2020,  24 AU's total so far in the 3 years.  Fingers crossed though I probably just jinxed myself!!!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on December 04, 2023, 08:17:14 PM
I have a Cap One card with an AU on it, and I didn't get shut down. I wonder what the criteria was for their sweep?

As a data point, I added the AU on 11/29 and my account was closed on 12/1. Maybe they were targeting the most recent adds?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: N on December 04, 2023, 08:23:00 PM
I just added a new Cap One AU the other day, then saw the notice from the company. yep, my Cap One got restricted. I didnt keep track of how many AUs I had on it over the years...but pretty consistent over the last 2-3 years. Oh well. It was good while it lasted. I have a few other cards that are still operating.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 05, 2023, 01:58:31 PM
I just added a new Cap One AU the other day, then saw the notice from the company. yep, my Cap One got restricted. I didnt keep track of how many AUs I had on it over the years...but pretty consistent over the last 2-3 years. Oh well. It was good while it lasted. I have a few other cards that are still operating.

If it's only restricted and not closed, you might be able to salvage the card, not add AUs for six months or so, then resume.  I've had that happen a time or two.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 05, 2023, 03:33:55 PM
Also seeing one of my CapOne cards listed as "restricted", but not the other I have had more AUs on. Maybe just a matter of time. Guess I'll leave it on pause for a bit and see what happens.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: hoodedfalcon on December 05, 2023, 08:30:36 PM
I am wondering if it is “restricted” until the balance is paid, and then they officially close it? I’ve gotten mixed messages. In one place it’s says my card is restricted (online when looking at the account), but the letter they sent used the word “closed.”
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 07, 2023, 04:52:04 PM
This is neither old nor new company, so I hope I'm not breaking any rules here by calling out gfsgroup.org (if it is, please take it down or I can remove/edit as well) -- but a word of caution to those looking to explore outside old/new company.

I worked with them with clear and constant communication for about 3 months, but recently when it came time to payment for one of my TLs, I've been ghosted for over a week, with several other TLs on my cards that I don't expect to get paid either. I'll be removing everything and not looking to work them any longer.


Hey guys, I'm new here on the forum but not new to MMM.. First heard him on Tim Ferris' Podcast back in like 2017. Anyway, I created an account specifically to address this post as well as a few other things.

First - I have a very good and direct connection with the owner of GFS Group. If you're experiencing trouble with a payment, tell me your name and I'll get it rectified immediately by contacting the owner. That's assuming that your post is authentic, and, you're not just a competitor trying to smear them.

Secondly - A lot of things are changing within the realm of tradelines, and, possibly due to the weird banking system and financial "crisis" they're in, they could be attempting to clean house on certain users.

I can tell you right now, GFS Group CAN AND WILL pay higher commissions than any other company out there right now - they can and will also pay faster. I can say that with 100% confidence. Additionally, I have a lot of inside information about all of the "companies", from those listed here to those which are not listed here. My access to this information comes from deep market research, experience of my own selling to various companies, requesting payment schedules and commission tables from every tradeline brokerage out there, and also from the direct connection I have with GFS.

No, I am not the owner of GFS. I am also not an employee. However, I have spoken with the owner about this thread and received permission to post here. I can answer more of the "unknown" questions than probably anyone here, or at minimum, at least provide the latest details on what's going on with certain cardholders. For example, what's going on with BOA and why some brokerages are no longer accepting their cards.

I can act as your voice, and I can speak to what you guys (the majority at least) are seeking and do my best to offer a solution and or compromise.

Again, I'm not trying to spam here. I'm not trying to cause any ruckus or steal anyone's glory. If an admin or anyone feels that I'm out of place here, or, that I should keep certain things toned down or limited to PM, please advise me.

My first point of posting this response is to aid the commenter I'm replying to in resolving their particular issue. Apart from that, if anyone has a question or a list of questions, feel free to ask anything.

I would ideally like to set something up to gain cardholders for GFS as I've tried various companies and I feel exceptionally strong that not only is their service better than all the others, but the payout and speed of payment as well. Open to thoughts and responses.

EZHang43, please send me a PM with your name so I can relay the info to the owner and get you squared away if you're in fact legit. Thanks, and hello to the rest of you. I'm glad and excited to be here, I should have joined years ago. I have an abundance of extremely valuable info to share.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 07, 2023, 05:32:31 PM
Sounds like they are following the New company strategy.

Things within the industry are becoming absolutely absurdly busy, and in addition, there seems to be some banks taking hard action on certain users.

I think, personally, one week of being "ghosted" is a bit premature to simply call it quits and also remove all your cards - especially when you have other tradelines out there with active users who paid for those and are relying on those lines to post. This is why I offered to reach out since I have a direct connection with them.

However, those are only my personal thoughts and the other user is completely open to make their own decision. I don't know the backstory with their account, nor have I had a chance to confirm if their post is even real. I will be honest in providing a response if the user decides to reply to me.

Lots happening in the industry right now. Stay tuned!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 07, 2023, 06:11:16 PM
If a TL company asks you to provide a W9 form and you are selling TLs as a sole proprietor, is it ok to give them your EIN number (not SSN)? Could this cause any issues with income tax reporting?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on December 07, 2023, 06:24:19 PM
I just added a new Cap One AU the other day, then saw the notice from the company. yep, my Cap One got restricted. I didnt keep track of how many AUs I had on it over the years...but pretty consistent over the last 2-3 years. Oh well. It was good while it lasted. I have a few other cards that are still operating.

If it's only restricted and not closed, you might be able to salvage the card, not add AUs for six months or so, then resume.  I've had that happen a time or two.

@secondcor521 How did you salvage the card? Just let it sit and they eventually lift the restriction?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 07, 2023, 06:30:54 PM
If a TL company asks you to provide a W9 form and you are selling TLs as a sole proprietor, is it ok to give them your EIN number (not SSN)? Could this cause any issues with income tax reporting?

of course. This is why people use EINs.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 07, 2023, 06:32:27 PM
This is neither old nor new company, so I hope I'm not breaking any rules here by calling out gfsgroup.org (if it is, please take it down or I can remove/edit as well) -- but a word of caution to those looking to explore outside old/new company.

I worked with them with clear and constant communication for about 3 months, but recently when it came time to payment for one of my TLs, I've been ghosted for over a week, with several other TLs on my cards that I don't expect to get paid either. I'll be removing everything and not looking to work them any longer.


Hey guys, I'm new here on the forum but not new to MMM.. First heard him on Tim Ferris' Podcast back in like 2017. Anyway, I created an account specifically to address this post as well as a few other things.

First - I have a very good and direct connection with the owner of GFS Group. If you're experiencing trouble with a payment, tell me your name and I'll get it rectified immediately by contacting the owner. That's assuming that your post is authentic, and, you're not just a competitor trying to smear them.

Secondly - A lot of things are changing within the realm of tradelines, and, possibly due to the weird banking system and financial "crisis" they're in, they could be attempting to clean house on certain users.

I can tell you right now, GFS Group CAN AND WILL pay higher commissions than any other company out there right now - they can and will also pay faster. I can say that with 100% confidence. Additionally, I have a lot of inside information about all of the "companies", from those listed here to those which are not listed here. My access to this information comes from deep market research, experience of my own selling to various companies, requesting payment schedules and commission tables from every tradeline brokerage out there, and also from the direct connection I have with GFS.

No, I am not the owner of GFS. I am also not an employee. However, I have spoken with the owner about this thread and received permission to post here. I can answer more of the "unknown" questions than probably anyone here, or at minimum, at least provide the latest details on what's going on with certain cardholders. For example, what's going on with BOA and why some brokerages are no longer accepting their cards.

I can act as your voice, and I can speak to what you guys (the majority at least) are seeking and do my best to offer a solution and or compromise.

Again, I'm not trying to spam here. I'm not trying to cause any ruckus or steal anyone's glory. If an admin or anyone feels that I'm out of place here, or, that I should keep certain things toned down or limited to PM, please advise me.

My first point of posting this response is to aid the commenter I'm replying to in resolving their particular issue. Apart from that, if anyone has a question or a list of questions, feel free to ask anything.

I would ideally like to set something up to gain cardholders for GFS as I've tried various companies and I feel exceptionally strong that not only is their service better than all the others, but the payout and speed of payment as well. Open to thoughts and responses.

EZHang43, please send me a PM with your name so I can relay the info to the owner and get you squared away if you're in fact legit. Thanks, and hello to the rest of you. I'm glad and excited to be here, I should have joined years ago. I have an abundance of extremely valuable info to share.

I'd like to hear what @arebelspy thinks about this company. There's presumably a reason it's not one of the vetted recommended companies.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 07, 2023, 07:49:28 PM
I just added a new Cap One AU the other day, then saw the notice from the company. yep, my Cap One got restricted. I didnt keep track of how many AUs I had on it over the years...but pretty consistent over the last 2-3 years. Oh well. It was good while it lasted. I have a few other cards that are still operating.

If it's only restricted and not closed, you might be able to salvage the card, not add AUs for six months or so, then resume.  I've had that happen a time or two.

@secondcor521 How did you salvage the card? Just let it sit and they eventually lift the restriction?

The only time I can recall offhand is currently in progress.  That's why I wrote "might".  Leslie @ Good Company thinks it might work.

If there was a second occurrence, it's been long enough that I don't recall the details.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 07, 2023, 07:55:35 PM
Also seeing one of my CapOne cards listed as "restricted", but not the other I have had more AUs on. Maybe just a matter of time. Guess I'll leave it on pause for a bit and see what happens.

Got the closure letter from CapitalOne today for the above account, for 'violation' of the customer agreement. My two other cards with them don't seem to have any issue. Might just start seasoning a new one, wonder how my approval odds are.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on December 07, 2023, 09:16:43 PM
I'd like to hear what @arebelspy thinks about this company. There's presumably a reason it's not one of the vetted recommended companies.

I haven't used them personally, or know much about them, but this isn't the first negative thing I've heard about them. Naturally, happy customers talk less than unhappy ones, but it still is a little red flag. I'd be willing to look into them or talk to the owner.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aasdfadsf on December 07, 2023, 09:32:44 PM
For what it's worth, I've kept a running file based entirely off of what I've seen on this 123 page thread about what cards are likely to work and which ones won't. I'll post it here for anyone's edification, but I will not vouch for it nor can I say it's up to date, though nothing I've seen lately obviously overturns it all. If anyone knows better, just say so and I'll update my file:

Good:

Discover
TD Bank
Barclays
PNC
Associated Bank
Amex
Wells Fargo (not currently accepted)

Maybe:

Capital One
US Bank
Citi (requires over the phone)

Bad:

Chase (will shut down all accounts)
Bank of America (lots of shut downs)
Elan Fidelity

**

I personally have only used a Discover card through Old Company and have had nothing but good results. I have not been as aggressive about doing the TL thing as a lot of people, but then again I'm happy to make a few hundred bucks here and there for little effort without any stress. And props to arebelspy as usual for having been cool enough to make this something that the community can use.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 07, 2023, 10:31:06 PM
For what it's worth, I've kept a running file based entirely off of what I've seen on this 123 page thread about what cards are likely to work and which ones won't. I'll post it here for anyone's edification, but I will not vouch for it nor can I say it's up to date, though nothing I've seen lately obviously overturns it all. If anyone knows better, just say so and I'll update my file:

Good:

Discover
TD Bank
Barclays
PNC
Associated Bank
Amex
Wells Fargo (not currently accepted)

Maybe:

Capital One
US Bank
Citi (requires over the phone)

Bad:

Chase (will shut down all accounts)
Bank of America (lots of shut downs)
Elan Fidelity

**

I personally have only used a Discover card through Old Company and have had nothing but good results. I have not been as aggressive about doing the TL thing as a lot of people, but then again I'm happy to make a few hundred bucks here and there for little effort without any stress. And props to arebelspy as usual for having been cool enough to make this something that the community can use.

US Bank and Elan are effectively the same, so it's interesting that there would be a difference.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aasdfadsf on December 07, 2023, 10:42:32 PM
US Bank and Elan are effectively the same, so it's interesting that there would be a difference.

There may be no difference. I just plucked this out of what people said. I have no familiarity with Elan Fidelity.

Let me reiterate that the list I posted is purely what people here have said on this thread over time, just collated for convenience, so it's bound to be imprecise. I have zero independent confirmation of anything (other than my own experience using Discover).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 08, 2023, 12:00:07 AM
For what it's worth, I've kept a running file based entirely off of what I've seen on this 123 page thread about what cards are likely to work and which ones won't. I'll post it here for anyone's edification, but I will not vouch for it nor can I say it's up to date, though nothing I've seen lately obviously overturns it all. If anyone knows better, just say so and I'll update my file:

Good:

Discover
TD Bank
Barclays
PNC
Associated Bank
Amex
Wells Fargo (not currently accepted)

Do all of the Good allow for adding and removing online?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 08, 2023, 12:39:05 AM
I'd like to hear what @arebelspy thinks about this company. There's presumably a reason it's not one of the vetted recommended companies.

I haven't used them personally, or know much about them, but this isn't the first negative thing I've heard about them. Naturally, happy customers talk less than unhappy ones, but it still is a little red flag. I'd be willing to look into them or talk to the owner.

I'll arrange this no problem. Let me speak with them tomorrow or over the weekend. I think you may be very pleasantly surprised. At the least - from what I've read - you'll give an honest and authentic opinion which is the most important thing that can be offered here. I can tell that you know very well what you're doing in this realm of tradeline-wrangling.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aasdfadsf on December 08, 2023, 03:56:30 AM
Do all of the Good allow for adding and removing online?

I'm afraid I don't know that. "Good", in my collection, simply means that they don't tend to close your account for using TLs. As in, it's a "safe" card that doesn't tend to get shut down. And that's only based on what people here have said, I've got no special knowledge of it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 08, 2023, 05:40:30 AM
For what it's worth, I've kept a running file based entirely off of what I've seen on this 123 page thread about what cards are likely to work and which ones won't. I'll post it here for anyone's edification, but I will not vouch for it nor can I say it's up to date, though nothing I've seen lately obviously overturns it all. If anyone knows better, just say so and I'll update my file:

Good:

Discover
TD Bank
Barclays
PNC
Associated Bank
Amex
Wells Fargo (not currently accepted)

Do all of the Good allow for adding and removing online?

No.  Well at least not per Good Company.  Their documentation says PNC is phone only.  I have a PNC card just recently enrolled, but no AU sales yet so can't confirm that yet.

USBank owns Elan, but the two act independently as far as I can tell.

As far as the list goes, I think the picture is far more nuanced.  Barclays doesn't seem to care a whit about AU activity, but they have a lifetime limit which I find pesky, although now I know how to deal with it.  Chase is famous for closing down all cards, but I have my highest limit, oldest, best commission card with them that sells well and a second card that also does well and I've not yet been shut down (knock wood).  USBank is not particularly known for shutdowns but they shut down both of my cards with them for AU activity...but then shortly after gave me two more cards.  BofA is known for shutting folks down more frequently, but they haven't hit me yet, and philosophically I don't care because I have plenty of cards and don't have a very good opinion of BofA as a business (among other things they don't reallocate credit lines among personal cards without a hard credit pull, which I find a ridiculous policy).  Discover sometimes asks for AU documentation apparently, which I imagine to be a hassle.  Some issuers are easier to add/remove, but may not give as generous of credit lines and thus may have lower commissions.  With some issuers the Good Company requires longer cycles (keeping the AU on for 4 months instead of three, for example).  With some issuers the Good Company allows more slots.  Some issuers might have some cards with good signup bonuses that can then be piggybacked later.  Some issuers seem to have more difficulty posting to the AU's credit reports.

Overall my experience is that all the issuers have pros and cons.  Some on average are better than others but all the ones I've had (which is most of them that Good Company accepts) are at least reasonable enough to work with based on the amount of effort involved compared to the payments.  I have a long, littered credit card history from playing CC games for decades, and I have a lot of piggybacking cards going currently.  My current practice is to look at which issuers I don't have a full slate of piggybacking cards with yet, then see which of those I think I can get more CL with, then look at DoC to see which cards at those issuers have a decent sign up bonus.  But that's just my approach, YMMV based on your situation.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: BC_Goldman on December 08, 2023, 05:49:37 AM
Looking forward to hearing what ARS thinks of the potential new new company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: dantheman46 on December 08, 2023, 11:42:13 AM
For PNC, you can add via online banking but you have to call in to remove them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 08, 2023, 01:43:28 PM
For what it's worth, I've kept a running file based entirely off of what I've seen on this 123 page thread about what cards are likely to work and which ones won't. I'll post it here for anyone's edification, but I will not vouch for it nor can I say it's up to date, though nothing I've seen lately obviously overturns it all. If anyone knows better, just say so and I'll update my file:

Good:

Discover
TD Bank
Barclays
PNC
Associated Bank
Amex
Wells Fargo (not currently accepted)

Do all of the Good allow for adding and removing online?

No.  Well at least not per Good Company.  Their documentation says PNC is phone only.  I have a PNC card just recently enrolled, but no AU sales yet so can't confirm that yet.

USBank owns Elan, but the two act independently as far as I can tell.

As far as the list goes, I think the picture is far more nuanced.  Barclays doesn't seem to care a whit about AU activity, but they have a lifetime limit which I find pesky, although now I know how to deal with it.  Chase is famous for closing down all cards, but I have my highest limit, oldest, best commission card with them that sells well and a second card that also does well and I've not yet been shut down (knock wood).  USBank is not particularly known for shutdowns but they shut down both of my cards with them for AU activity...but then shortly after gave me two more cards.  BofA is known for shutting folks down more frequently, but they haven't hit me yet, and philosophically I don't care because I have plenty of cards and don't have a very good opinion of BofA as a business (among other things they don't reallocate credit lines among personal cards without a hard credit pull, which I find a ridiculous policy).  Discover sometimes asks for AU documentation apparently, which I imagine to be a hassle.  Some issuers are easier to add/remove, but may not give as generous of credit lines and thus may have lower commissions.  With some issuers the Good Company requires longer cycles (keeping the AU on for 4 months instead of three, for example).  With some issuers the Good Company allows more slots.  Some issuers might have some cards with good signup bonuses that can then be piggybacked later.  Some issuers seem to have more difficulty posting to the AU's credit reports.

Overall my experience is that all the issuers have pros and cons.  Some on average are better than others but all the ones I've had (which is most of them that Good Company accepts) are at least reasonable enough to work with based on the amount of effort involved compared to the payments.  I have a long, littered credit card history from playing CC games for decades, and I have a lot of piggybacking cards going currently.  My current practice is to look at which issuers I don't have a full slate of piggybacking cards with yet, then see which of those I think I can get more CL with, then look at DoC to see which cards at those issuers have a decent sign up bonus.  But that's just my approach, YMMV based on your situation.

I've seen a couple people here mentioning companies asking for documentation of authorized users. This is, in fact, illegal for them to do, in accordance with the following:

12 CFR Part 1002 - Equal Credit Opportunity Act (Regulation B)

7(a) Individual accounts.

2. Open-end credit - choice of authorized user: A creditor that permits an account holder to designate an authorized user may not restrict this designation on a prohibited basis. For example, if the creditor allows the designation of spouses as authorized users, the creditor may not refuse to accept a non-spouse as an authorized user.

That is the law itself as updated August 29 of this year. Nothing new. When they ask for documentation, ask for their full name, then request to speak with a manager. Tell the manager that your brother-in-law is a top litigation lawyer and you'd hate to see a lawsuit over something so petty such as adding your friend to your credit card, especially when "John Doe" (the employee who you spoke with already) and "Jane Doe" (the manager you're NOW speaking with) are currently breaking federal law and not only have no right to request such documents, but have done so and could easily lose their careers over this. They'll add your AU right away and apologize, trust me.

Note: ONLY DO THIS IF 7(a) part 2 applies to you! Simple.

Edit because I'd like to mention that what I said above would be my personal approach to dealing with that situation. With that said, by asking for documentation they're breaking the rules of a federal act - whether they know it or not. By calling them out on that, your result may vary so don't take my example as legal advice or any kind of guarantee. Just wanted to make the facts clear.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: aasdfadsf on December 08, 2023, 10:32:46 PM
As far as the list goes, I think the picture is far more nuanced.

Of course, as it should be. It's just a hot and dirty list giving an idea of what cards are or aren't likely to get closed, but your more specific explanations are very useful. I want everyone to keep telling about their own experiences.

It's also the case that the list was originated for my own use. There are some things, like Chase shutting down all your accounts, that I simply cannot risk. I have a Chase card that my spouse and I use jointly for many household expenses, and I'm not going to chance having to explain to my better half what the hell I did to get our accounts closed. Other people will have a different risk tolerance.

Quote
Discover sometimes asks for AU documentation apparently, which I imagine to be a hassle.

Oooh, I know this one! They ask for SS number, full name, birth date, and address. And all of that has to be correct or else. This is not a hassle as far as I'm concerned, because Old Company gives you all of this information and you just copy it over. Can't say about other companies. Removal with Discover is a simple click.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on December 09, 2023, 03:23:26 AM

I've seen a couple people here mentioning companies asking for documentation of authorized users. This is, in fact, illegal for them to do, in accordance with the following:

12 CFR Part 1002 - Equal Credit Opportunity Act (Regulation B)

7(a) Individual accounts.

2. Open-end credit - choice of authorized user: A creditor that permits an account holder to designate an authorized user may not restrict this designation on a prohibited basis. For example, if the creditor allows the designation of spouses as authorized users, the creditor may not refuse to accept a non-spouse as an authorized user.

That is the law itself as updated August 29 of this year. Nothing new. When they ask for documentation, ask for their full name, then request to speak with a manager. Tell the manager that your brother-in-law is a top litigation lawyer and you'd hate to see a lawsuit over something so petty such as adding your friend to your credit card, especially when "John Doe" (the employee who you spoke with already) and "Jane Doe" (the manager you're NOW speaking with) are currently breaking federal law and not only have no right to request such documents, but have done so and could easily lose their careers over this. They'll add your AU right away and apologize, trust me.

Note: ONLY DO THIS IF 7(a) part 2 applies to you! Simple.

Edit because I'd like to mention that what I said above would be my personal approach to dealing with that situation. With that said, by asking for documentation they're breaking the rules of a federal act - whether they know it or not. By calling them out on that, your result may vary so don't take my example as legal advice or any kind of guarantee. Just wanted to make the facts clear.

I believe the above is incorrect.
By asking for documentation, the financial institution is theoretically doing their due diligence to know their client and prevent identity theft/fraud.
They are not asking for proof of relationship, such as being a spouse or family member, which is what the above-quoted regulation is about.
i.e. I do not recommend threatening the agents.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 09, 2023, 09:57:30 AM

I've seen a couple people here mentioning companies asking for documentation of authorized users. This is, in fact, illegal for them to do, in accordance with the following:

12 CFR Part 1002 - Equal Credit Opportunity Act (Regulation B)

7(a) Individual accounts.

2. Open-end credit - choice of authorized user: A creditor that permits an account holder to designate an authorized user may not restrict this designation on a prohibited basis. For example, if the creditor allows the designation of spouses as authorized users, the creditor may not refuse to accept a non-spouse as an authorized user.

That is the law itself as updated August 29 of this year. Nothing new. When they ask for documentation, ask for their full name, then request to speak with a manager. Tell the manager that your brother-in-law is a top litigation lawyer and you'd hate to see a lawsuit over something so petty such as adding your friend to your credit card, especially when "John Doe" (the employee who you spoke with already) and "Jane Doe" (the manager you're NOW speaking with) are currently breaking federal law and not only have no right to request such documents, but have done so and could easily lose their careers over this. They'll add your AU right away and apologize, trust me.

Note: ONLY DO THIS IF 7(a) part 2 applies to you! Simple.

Edit because I'd like to mention that what I said above would be my personal approach to dealing with that situation. With that said, by asking for documentation they're breaking the rules of a federal act - whether they know it or not. By calling them out on that, your result may vary so don't take my example as legal advice or any kind of guarantee. Just wanted to make the facts clear.

I believe the above is incorrect.
By asking for documentation, the financial institution is theoretically doing their due diligence to know their client and prevent identity theft/fraud.
They are not asking for proof of relationship, such as being a spouse or family member, which is what the above-quoted regulation is about.
i.e. I do not recommend threatening the agents.

I disagree because 99% of the time they don't ask for this info when adding an authorized user. Why on certain occasions and only with certain customers? The AU is NOT technically a client of the bank and the primary holds full responsibility. It's my opinion that card issuers are attempting to strong-arm randomly chosen clients into providing documentation that they could otherwise easily find in any database. They're not directly asking for proof of relationship, they're indirectly doing it because they know it's illegal.

How many of you had to provide "documents" to open a credit card? Mostly nobody - because your info is readily available to them via credit unions, IRS, and various other institutions. I've never had a single bank ask me for a physical document, apart from one when seeking a very high-limit card at which point they wanted proof of a ownership of a specific asset.

I can agree that threatening an agent could result in them going "authority mode" resulting in a card closure. Some people know how to speak with people better than others and relay information in a fashion that is kind yet firm. Many are not and I made sure to edit my post to demonstrate that since I don't want someone to assume that will be a guaranteed fix.

But yes I think it's quite clear why they're requesting documents. They're counting on ignorance or fear. Does the carholder agreement mention the lender's right to do this? I'd like to see that. None of mine mention any right to ask for documentation of an authorized user. They're trying to play on a gray area.

These are the same institutions that have pleaded guilty, been found guilty, and are continually committing federal-level financial crimes daily. Don't forget that. There's always a way to deal with the situation.

I could be completely wrong about why they're requesting docs but we have to use logic here, right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 09, 2023, 11:23:54 AM
I have two Discover AUs to add.  One added fine, the other one Discover's online system didn't like the address.

The address is of the form:

123 Main Street Apt 12
Topeka, Kansas 12345

Discover seems to be griping about the first line of the address and the apartment number.

I've tried a number of the obvious things, including the correct one (the address as USPS thinks it should be and as it is listed in the AU's information).

I could call in to Discover but would rather not.

I could try leaving off the apartment but would rather not.

At the moment I plan to call Good Company on Monday and ask them how to proceed, but I figured someone here might know some Discover address tricks or think of something I haven't.

Suggestions?  Tricks?  Tribal knowledge from those who have gone before?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: beekayworld on December 09, 2023, 04:08:53 PM

Quote
Discover sometimes asks for AU documentation apparently, which I imagine to be a hassle.

Oooh, I know this one! They ask for SS number, full name, birth date, and address. And all of that has to be correct or else. This is not a hassle as far as I'm concerned, because Old Company gives you all of this information and you just copy it over. Can't say about other companies. Removal with Discover is a simple click.

If they ask for documentation, it means they want copies of the driver's license and social security card FAXed. Capital One did that for me twice. The first time I FAXed the documents and they unfroze my account. (BTW, the documents were in color but the FAX was b&w).

The second time they permitted email documentation but the documentation was in black and white and they wanted it in color.

The Company told me they couldn't provide anything else, so I closed that credit card (it was frozen permanently awaiting docs I couldn't get so I didn't see the point in leaving it open).

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on December 10, 2023, 08:59:44 AM
I have two Discover AUs to add.  One added fine, the other one Discover's online system didn't like the address.

The address is of the form:

123 Main Street Apt 12
Topeka, Kansas 12345

Discover seems to be griping about the first line of the address and the apartment number.

I've tried a number of the obvious things, including the correct one (the address as USPS thinks it should be and as it is listed in the AU's information).

I could call in to Discover but would rather not.

I could try leaving off the apartment but would rather not.

At the moment I plan to call Good Company on Monday and ask them how to proceed, but I figured someone here might know some Discover address tricks or think of something I haven't.

Suggestions?  Tricks?  Tribal knowledge from those who have gone before?

According to nice lady at Old Company, this is a glich in their system.  You added the AU and it continually says there is a probelm.  My AU was added and posted.  Ignore the warning.  If in doubt, email nice lady and she will confirm. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 10, 2023, 03:48:47 PM
I have two Discover AUs to add.  One added fine, the other one Discover's online system didn't like the address.

The address is of the form:

123 Main Street Apt 12
Topeka, Kansas 12345

Discover seems to be griping about the first line of the address and the apartment number.

I've tried a number of the obvious things, including the correct one (the address as USPS thinks it should be and as it is listed in the AU's information).

I could call in to Discover but would rather not.

I could try leaving off the apartment but would rather not.

At the moment I plan to call Good Company on Monday and ask them how to proceed, but I figured someone here might know some Discover address tricks or think of something I haven't.

Suggestions?  Tricks?  Tribal knowledge from those who have gone before?

According to nice lady at Old Company, this is a glich in their system.  You added the AU and it continually says there is a probelm.  My AU was added and posted.  Ignore the warning.  If in doubt, email nice lady and she will confirm.

Ah, thanks.  It sure acts like it didn't even add the AU, though.  It seems stuck on the "verify all the information is OK before adding" step.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 10, 2023, 06:00:01 PM
re:  Chase cards
I posted this a couple of months ago...Posting again to see if anyone has seen this happen before with Chase...

I have been selling TL's on my two Chase cards since mid-2018.  I have sold 44 spots on one and 45 on the other.

On one of my Chase cards (Marriot card), I had an issue recently with my last two AU's posting.  I had to cancel both orders.
My other Chase card (United card) has had no issues at all posting.

So, I decided to do a test AU a couple of months ago on my Marriott card... I added my adult son and a few days later I did receive his AU Marriott card in the mail.
However, we checked his Credit Karma and do not see it posting at all for him, it's been 2 months.

Would it be risky to email Chase (Secure Message) and to see if they can see an issue with my Marriott card / asking why isn't my son posting to the credit bureaus?

I'm wondering if this is Chase's way of stopping my from AU piggybacking, and they want to keep me as a customer... after all, both cards have annual fees and we do have mortgage with Chase.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 10, 2023, 06:10:57 PM
I'm wondering if this is Chase's way of stopping my from AU piggybacking, and they want to keep me as a customer... after all, both cards have annual fees and we do have mortgage with Chase.

I doubt it.  I think they'd be more likely to cancel your cards, regardless of your annual fee revenue to them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 10, 2023, 06:21:25 PM
that in and of itself, you are probably right.  But maybe combined with the fact that they would potentially lose 20 years of mortgage?  I might immediately look to refinance with another lender. :-)

I just find it strange that the last 3 AU's on the Marriott card did not post,  while the United card continues to post no problem.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 10, 2023, 07:00:53 PM
that in and of itself, you are probably right.  But maybe combined with the fact that they would potentially lose 20 years of mortgage?  I might immediately look to refinance with another lender. :-)

I just find it strange that the last 3 AU's on the Marriott card did not post,  while the United card continues to post no problem.

It's not clear to me personally that Chase closes *all* Chase accounts.  I think they close *all Chase CC* accounts.  I really doubt they would, or have, closed a mortgage or a checking or savings account.

I don't get it either.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 10, 2023, 07:06:24 PM
Correct, they only close the cards.

I meant that I would leave Chase and take my mortgage somewhere else.   :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 10, 2023, 08:15:03 PM
Correct, they only close the cards.

I meant that I would leave Chase and take my mortgage somewhere else.   :-)

Ah, I didn't read carefully enough.

I think Chase is willing to bet you would say it but wouldn't actually do it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 10, 2023, 08:27:50 PM
Correct, they only close the cards.

I meant that I would leave Chase and take my mortgage somewhere else.   :-)

Ah, I didn't read carefully enough.

I think Chase is willing to bet you would say it but wouldn't actually do it.

Especially if that Chase mortage is from a few years ago when rates were low and would never be competitively replaced..


Is anyone pulling in $20k/year from tradelines?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on December 11, 2023, 07:23:58 AM
If I get a decent amount of AUs this month, I might get close to 20K this year.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 11, 2023, 08:18:41 AM
If I get a decent amount of AUs this month, I might get close to 20K this year.

Tips?  Tricks?  Anything unusual about your situation?  Just counting piggybacking or are you including SUBs and other stuff?

(I do well, but not anywhere near that well.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on December 11, 2023, 08:33:55 AM
If I get a decent amount of AUs this month, I might get close to 20K this year.

Tips?  Tricks?  Anything unusual about your situation?  Just counting piggybacking or are you including SUBs and other stuff?

(I do well, but not anywhere near that well.)

Well the best tip would be that you get many high limit credit cards with issuers that historically don’t have AU cancellation problems, and that you had gotten them many years ago, so the age of the credit line is high.

Yes, that is something one cannot just do.

And that is just TL revenue, not counting any SUB or other cc perks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 11, 2023, 10:29:29 AM

It's not clear to me personally that Chase closes *all* Chase accounts.  I think they close *all Chase CC* accounts.  I really doubt they would, or have, closed a mortgage or a checking or savings account.

I don't get it either.

If you have both personal and business credit cards with Chase and they close your accounts for TLs, do they close all your CC or just personal ones?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 11, 2023, 10:37:48 AM

It's not clear to me personally that Chase closes *all* Chase accounts.  I think they close *all Chase CC* accounts.  I really doubt they would, or have, closed a mortgage or a checking or savings account.

I don't get it either.

If you have both personal and business credit cards with Chase and they close your accounts for TLs, do they close all your CC or just personal ones?
I believe the risk you take when you do this is that everything could be shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 11, 2023, 10:58:26 AM
If I get a decent amount of AUs this month, I might get close to 20K this year.

Tips?  Tricks?  Anything unusual about your situation?  Just counting piggybacking or are you including SUBs and other stuff?

(I do well, but not anywhere near that well.)

Well the best tip would be that you get many high limit credit cards with issuers that historically don’t have AU cancellation problems, and that you had gotten them many years ago, so the age of the credit line is high.

Yes, that is something one cannot just do.

And that is just TL revenue, not counting any SUB or other cc perks.

Ah, OK, thanks.  I've mostly done that, just not apparently to the same extent that you have.  Congratulations!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on December 11, 2023, 11:40:21 AM
If I get a decent amount of AUs this month, I might get close to 20K this year.

Tips?  Tricks?  Anything unusual about your situation?  Just counting piggybacking or are you including SUBs and other stuff?

(I do well, but not anywhere near that well.)


Well the best tip would be that you get many high limit credit cards with issuers that historically don’t have AU cancellation problems, and that you had gotten them many years ago, so the age of the credit line is high.

Yes, that is something one cannot just do.

And that is just TL revenue, not counting any SUB or other cc perks.

Ah, OK, thanks.  I've mostly done that, just not apparently to the same extent that you have.  Congratulations!

I try not to think about a couple of cards I had 15 years ago that I cancelled before I knew about TLs and affects on credit score.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 11, 2023, 12:58:44 PM
For what it's worth, I've kept a running file based entirely off of what I've seen on this 123 page thread about what cards are likely to work and which ones won't. I'll post it here for anyone's edification, but I will not vouch for it nor can I say it's up to date, though nothing I've seen lately obviously overturns it all. If anyone knows better, just say so and I'll update my file:

Good:

Discover
TD Bank
Barclays
PNC
Associated Bank
Amex
Wells Fargo (not currently accepted)

Do all of the Good allow for adding and removing online?

No.  Well at least not per Good Company.  Their documentation says PNC is phone only.  I have a PNC card just recently enrolled, but no AU sales yet so can't confirm that yet.

USBank owns Elan, but the two act independently as far as I can tell.

As far as the list goes, I think the picture is far more nuanced.  Barclays doesn't seem to care a whit about AU activity, but they have a lifetime limit which I find pesky, although now I know how to deal with it.  Chase is famous for closing down all cards, but I have my highest limit, oldest, best commission card with them that sells well and a second card that also does well and I've not yet been shut down (knock wood).  USBank is not particularly known for shutdowns but they shut down both of my cards with them for AU activity...but then shortly after gave me two more cards.  BofA is known for shutting folks down more frequently, but they haven't hit me yet, and philosophically I don't care because I have plenty of cards and don't have a very good opinion of BofA as a business (among other things they don't reallocate credit lines among personal cards without a hard credit pull, which I find a ridiculous policy).  Discover sometimes asks for AU documentation apparently, which I imagine to be a hassle.  Some issuers are easier to add/remove, but may not give as generous of credit lines and thus may have lower commissions.  With some issuers the Good Company requires longer cycles (keeping the AU on for 4 months instead of three, for example).  With some issuers the Good Company allows more slots.  Some issuers might have some cards with good signup bonuses that can then be piggybacked later.  Some issuers seem to have more difficulty posting to the AU's credit reports.

Overall my experience is that all the issuers have pros and cons.  Some on average are better than others but all the ones I've had (which is most of them that Good Company accepts) are at least reasonable enough to work with based on the amount of effort involved compared to the payments.  I have a long, littered credit card history from playing CC games for decades, and I have a lot of piggybacking cards going currently.  My current practice is to look at which issuers I don't have a full slate of piggybacking cards with yet, then see which of those I think I can get more CL with, then look at DoC to see which cards at those issuers have a decent sign up bonus.  But that's just my approach, YMMV based on your situation.

Do TD, PNC or Associated ever have decent signup bonuses? I don't think I've ever had a card from any of them, so I don't think I'd care too much if they shut me down.

Also, how have ya'll accumulated  the really large card limits in the first place? How much reported income is realistically needed to get a $40k+ card limit on a single card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 11, 2023, 03:00:14 PM
Do TD, PNC or Associated ever have decent signup bonuses? I don't think I've ever had a card from any of them, so I don't think I'd care too much if they shut me down.

Also, how have ya'll accumulated  the really large card limits in the first place? How much reported income is realistically needed to get a $40k+ card limit on a single card?

I don't recall on the SUBs.  My approach is, if I get a SUB, great, if not I'll still open a card or two and season them for TLs two years down the road.

On the high CLs, there have been various tricks over the years, some of which were discussed on FatWallet.  Having a high  income, long credit history, and high credit score seem to help.  Some people seemed to think that a high balance transfer request at time of application helped.  Sometimes you can get a certain CL and get it bumped up over time with regular requests.  It used to be more possible to combine cards - so get two $20K CLs at an issuer and combine to one $40K card.
 I have used a combination of all of these tactics.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 11, 2023, 11:45:41 PM
But are they adding new openings to add your cards? I've supposedly been on the wait-list for a couple years now.

I know you're not kidding, but are you kidding?

A multi-year wait list to be added as a cardholder? That's the most insane thing I've heard from a brokerage! The second (which used to be the first most insane thing I ever heard) was when I tried checking out a seemingly popular company only to find out they require my CreditKarma logins to move forward. Absolutely massive no-no for me. They said it was to allow them to view my credit report while keeping privacy sharing to a minimum. I never knew that providing all my personal and credit history was "keeping things to a minimum". I also never knew there were enough people willing to share that kind of info as a cardholder that they'd be able to actually stay in business.

While I expect all my AUs to be completely verified, I'd never seen such invasion of privacy. Other companies required nothing at all as a seller, or at worst a simple copy of credit report.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on December 13, 2023, 07:20:28 PM
Do TD, PNC or Associated ever have decent signup bonuses? I don't think I've ever had a card from any of them, so I don't think I'd care too much if they shut me down.

Also, how have ya'll accumulated  the really large card limits in the first place? How much reported income is realistically needed to get a $40k+ card limit on a single card?

I don't recall on the SUBs.  My approach is, if I get a SUB, great, if not I'll still open a card or two and season them for TLs two years down the road.

On the high CLs, there have been various tricks over the years, some of which were discussed on FatWallet.  Having a high  income, long credit history, and high credit score seem to help.  Some people seemed to think that a high balance transfer request at time of application helped.  Sometimes you can get a certain CL and get it bumped up over time with regular requests.  It used to be more possible to combine cards - so get two $20K CLs at an issuer and combine to one $40K card.
 I have used a combination of all of these tactics.


YMMV but not all cards are targeted at the same demographic, and their initial limit will reflect that. I've noticed that when I open premium cards (usually the ones with annual fees) they come with a much higher credit limit right off the bat. I will later either product change or downgrade the card to a non-fee card, or transfer the limit to a different non-fee card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 14, 2023, 06:33:37 PM
Do TD, PNC or Associated ever have decent signup bonuses? I don't think I've ever had a card from any of them, so I don't think I'd care too much if they shut me down.

Also, how have ya'll accumulated  the really large card limits in the first place? How much reported income is realistically needed to get a $40k+ card limit on a single card?

I don't recall on the SUBs.  My approach is, if I get a SUB, great, if not I'll still open a card or two and season them for TLs two years down the road.

On the high CLs, there have been various tricks over the years, some of which were discussed on FatWallet.  Having a high  income, long credit history, and high credit score seem to help.  Some people seemed to think that a high balance transfer request at time of application helped.  Sometimes you can get a certain CL and get it bumped up over time with regular requests.  It used to be more possible to combine cards - so get two $20K CLs at an issuer and combine to one $40K card.
 I have used a combination of all of these tactics.


YMMV but not all cards are targeted at the same demographic, and their initial limit will reflect that. I've noticed that when I open premium cards (usually the ones with annual fees) they come with a much higher credit limit right off the bat. I will later either product change or downgrade the card to a non-fee card, or transfer the limit to a different non-fee card.

Note about the cards with fees - depending on your income and credit score while of course assuming that you already know you qualify for the card, you can usually get the fee waived right from the start by calling instead of making an online application. For example you can say you're extremely interested and intend to use it as a priority card, and if they're willing to waive the fee you'll gladly take it.

This has worked for me twice. Only tried it twice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on December 15, 2023, 04:27:38 PM
To help with the recent questions about good and bad cards, I assembled this data set.  It is largely bases on the old/good company and does not account for certain cards being stopped.  Hopefully those stopped cards will come back on line at some point.  The data is a mix of my own experience and what I have read on this thread.

----------------------/ Life      / Reset by / Cancel 1 Card / Add    / Remove / At a   / Annual / Cycles / Notes
----------------------/ Time    / Product  / All Cards or     / Online / Online    / time   / Max    /
----------------------/ Limit    / Change   / All Accounts    /           /             / limit     /          /
------------------------------------------------------------------------------------------------------------------
Synchrony CareCredit  /        /            /                         /  CALL  /  CALL     /          /           /   2       /
Citi                          /            /            /                         /  CALL  /ChatCALL/   2     /           /   2       /
Elan Financial           / ?!?!     /   ?!?!    /                         / Online /ChatCALL/   2      /           /   2       / Instructions say phone but can do online
PNC                        /            /            /                         / Online /  CALL      / 1       /   5       /     3    / Instructions say phone but can do online
Barclays                  /35/card/    No    /     ?!?!              / Online / Online     /   2      /           /   2       /
Capital One              / ?!?!    /   ?!?!   / All Cards            / Online / Online      /   2     /           /     3     /
Chase                     / ?!?!     /   ?!?!   / All Cards            / Online /  CALL      /   2     /            /      4    /
Discover                  /           /            / All Accounts       / Online / Online     / 1       / 7/card /   2       /
US Bank                  /           /            / All Accounts       / Online /  CALL      /   2     /            /   2       /
TD Bank/Target        /35/card/           /                          /           /               /          /            /   2       /
Alliant CU                /            /            /                         /            /               /          /            /   2       /
Huntington Bank      /           /            /                         / Online  /               /          /            /   2        / Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, West Virginia, or Wisconsin
USAA                      /           /            /                          /           /               /          /            /   2        / Military only
NFCU                      /           /            /                          / Online /               /          /   4       /     3      / Military only
American Express    /99/card/   ?!?!   /     ?!?!               / Online /               /          /            /   2        /
Bank of America      /           /            / All Accounts       /           /               /          /            /   2        /
Associated Bank      /           /            /                          /           /               /          /            /             /

Barclays may be the only truly lifetime limit
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on December 15, 2023, 04:52:48 PM
I have been trying to get an AARP (Barclay) card, but not having any luck.  It's been long enough I don't recall all the details but these are some of the basics.

Applied on line
Got email links requesting various documents
Provided documents online
Links then said declined
Got letter asking for more documents ... what?
Called Barclays, got bounced around a lot, ended up talking to a separate AARP department, was told they could not help me and I had to fax the requested documents.  They said they could only do a new application over the phone, expecting the same results I choose to continue with the original application.
Faxed documents
Got 2nd letter asking for same documents
Mailed the documents this time
Got a 3rd letter asking for the same documents.   :[

No idea how get this card.  Does anyone have some helpful experience?
Thanks in advance
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 15, 2023, 05:43:23 PM
I have been trying to get an AARP (Barclay) card, but not having any luck.  It's been long enough I don't recall all the details but these are some of the basics.

Applied on line
Got email links requesting various documents
Provided documents online
Links then said declined
Got letter asking for more documents ... what?
Called Barclays, got bounced around a lot, ended up talking to a separate AARP department, was told they could not help me and I had to fax the requested documents.  They said they could only do a new application over the phone, expecting the same results I choose to continue with the original application.
Faxed documents
Got 2nd letter asking for same documents
Mailed the documents this time
Got a 3rd letter asking for the same documents.   :[

No idea how get this card.  Does anyone have some helpful experience?
Thanks in advance

I got the card recently.  I had a similar experience.  For context, I already have another Barclays CC.

They sent a letter asking for copies of DL, SS card, and current utility bill and said I had 30 days to send it back.  I mailed those to the physical address in the letter, although I sent a copy of my tax return instead of my SS card because I didn't have an SS card.

They also said several times on the phone that I actually have 60 days even though the letter said 30 days.

I called to follow up a week or two later, and they said they got the first two but the utility bill was "unreadable".  Baloney.  I sent a second letter to the same physical address with copies of three different utility bills.

I called again to follow up a week or two later, and they approved the card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 15, 2023, 07:55:48 PM
To help with the recent questions about good and bad cards, I assembled this data set.  It is largely bases on the old/good company and does not account for certain cards being stopped.  Hopefully those stopped cards will come back on line at some point.  The data is a mix of my own experience and what I have read on this thread.

----------------------/ Life      / Reset by / Cancel 1 Card / Add    / Remove / At a   / Annual / Cycles / Notes
----------------------/ Time    / Product  / All Cards or     / Online / Online    / time   / Max    /
----------------------/ Limit    / Change   / All Accounts    /           /             / limit     /          /
------------------------------------------------------------------------------------------------------------------
Synchrony CareCredit  /        /            /                         /  CALL  /  CALL     /          /           /   2       /
Citi                          /            /            /                         /  CALL  /ChatCALL/   2     /           /   2       /
Elan Financial           / ?!?!     /   ?!?!    /                         / Online /ChatCALL/   2      /           /   2       / Instructions say phone but can do online
PNC                        /            /            /                         / Online /  CALL      / 1       /   5       /     3    / Instructions say phone but can do online
Barclays                  /35/card/    No    /     ?!?!              / Online / Online     /   2      /           /   2       /
Capital One              / ?!?!    /   ?!?!   / All Cards            / Online / Online      /   2     /           /     3     /
Chase                     / ?!?!     /   ?!?!   / All Cards            / Online /  CALL      /   2     /            /      4    /
Discover                  /           /            / All Accounts       / Online / Online     / 1       / 7/card /   2       /
US Bank                  /           /            / All Accounts       / Online /  CALL      /   2     /            /   2       /
TD Bank/Target        /35/card/           /                          /           /               /          /            /   2       /
Alliant CU                /            /            /                         /            /               /          /            /   2       /
Huntington Bank      /           /            /                         / Online  /               /          /            /   2        / Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, West Virginia, or Wisconsin
USAA                      /           /            /                          /           /               /          /            /   2        / Military only
NFCU                      /           /            /                          / Online /               /          /   4       /     3      / Military only
American Express    /99/card/   ?!?!   /     ?!?!               / Online /               /          /            /   2        /
Bank of America      /           /            / All Accounts       /           /               /          /            /   2        /
Associated Bank      /           /            /                          /           /               /          /            /             /

Barclays may be the only truly lifetime limit

Good stuff.

In the "cycles" column, I assume you're counting the minimum number of cycles recommended to hopefully prevent account cancellation, correct?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Riker626 on December 15, 2023, 10:37:33 PM


Good stuff.

In the "cycles" column, I assume you're counting the minimum number of cycles recommended to hopefully prevent account cancellation, correct?
[/quote]

"Cycles" is the number of months needed to properly report on credit line, recommended by CL company.  Don't quite follow on "prevent account cancellation".

Thanks
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 16, 2023, 09:10:09 AM


Good stuff.

In the "cycles" column, I assume you're counting the minimum number of cycles recommended to hopefully prevent account cancellation, correct?

"Cycles" is the number of months needed to properly report on credit line, recommended by CL company.  Don't quite follow on "prevent account cancellation".

Thanks
[/quote]

Thanks for clarifying. I've not had any issues as a seller with only two cycles required to report. However that's reporting to 2, not always 3. Equifax seems to be the one that is a "sometimes" and so I wonder if those guidelines would make a difference.

I have also heard in the past that the difference between all 3 reporting ALL THE TIME is achieved only by phone call when adding (which doesn't make sense to me) and even then it seemed to depend on the particular tradeline company's recommendations or strategy.

Also I don't ever remember waiting 4 months for a Chase card to post so I don't know what that's about, however I do remember various buyers buying different cycle-lengths at certain times. The more than 2 months just doesn't seem frequent enough for me that I can agree with it, but I honestly don't pay close enough attention as I probably should as a seller so I can't say. I will look and see. Also I know a company owner who I will ask but I'd be interested to hear if anyone can say with certainty that your chart matches up with their past/present experience as definitive when considering old/new company, and other companies as well.

If someone is asking for a certain span of time for a certain card to post, are they paying for that extra month or is that considered to be a single payment cycle for that particular card is another good question - because this seems to vary from company to company. I've been strictly selling with the same company for the last few years. The vast majority of my Chase sales are not more than 3 months and I don't even know if I've ever had one with the same AU for 4 months straight before.

 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on December 16, 2023, 09:21:35 AM
I thought the policy of having Chase cards for 4 months was not so much the credit reporting but more to reduce the chance of the account getting shut down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 16, 2023, 10:10:16 AM
I thought the policy of having Chase cards for 4 months was not so much the credit reporting but more to reduce the chance of the account getting shut down.

I assumed the same that's why I asked him to clarify. Maybe he's confused, maybe I'm wrong. Maybe we're all wrong. I don't know but it'd be nice to figure out.

It's confusing because while getting the line posted to the AU's report definitely doesn't require a full two cycles in most cases, I've never heard of anyone selling lines for less than two months/cycles. It's a universal rule more or less and gives the buyer time to deal with whatever they're doing.

But 3 and four months as a rule, in my opinion, would be an attempt to either guarantee posting to all 3 bureaus or to minimize chance of closure. Maybe it's already been clarified here and someone will chime in.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CornFarmer on December 16, 2023, 05:12:49 PM
I looked into this a few years ago but never pursued it. I'm now thinking about it again.

I have a discover with a high limit that is several years old as well as a chase card with a high limit that is also several years old. If I keep the discover to less than 7 per year and just one or two every month or two with the chase is there still a high likelihood I will get closed down?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 16, 2023, 05:17:23 PM
I looked into this a few years ago but never pursued it. I'm now thinking about it again.

I have a discover with a high limit that is several years old as well as a chase card with a high limit that is also several years old. If I keep the discover to less than 7 per year and just one or two every month or two with the chase is there still a high likelihood I will get closed down?

There is always a risk of getting shut down. The original post in this thread is very clear about that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CornFarmer on December 16, 2023, 05:38:52 PM
I looked into this a few years ago but never pursued it. I'm now thinking about it again.

I have a discover with a high limit that is several years old as well as a chase card with a high limit that is also several years old. If I keep the discover to less than 7 per year and just one or two every month or two with the chase is there still a high likelihood I will get closed down?

There is always a risk of getting shut down. The original post in this thread is very clear about that.

Yes I'm well aware. Just as driving my truck down the road everyday comes with the risk of death, but if I follow the rules of the road and watch out for other drivers that is unlikely.... My question is if it is very likely?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 16, 2023, 06:44:21 PM
I looked into this a few years ago but never pursued it. I'm now thinking about it again.

I have a discover with a high limit that is several years old as well as a chase card with a high limit that is also several years old. If I keep the discover to less than 7 per year and just one or two every month or two with the chase is there still a high likelihood I will get closed down?

There is always a risk of getting shut down. The original post in this thread is very clear about that.

Yes I'm well aware. Just as driving my truck down the road everyday comes with the risk of death, but if I follow the rules of the road and watch out for other drivers that is unlikely.... My question is if it is very likely?

Your likelyhood isn't very high at all. Drive with caution, use some defensive driving tactics whenever possible and you'll be far better off than the average person selling tradelines.

I've lost 4 credit cards in the last 5 years, and none in the last 3 years. Of those I lost, one bank even shut down my checking account too as extra punishment! LOL. I paid $14 a month for that checking account and never made a single deposit into it except for the day I opened it with $500.

I have absolutely without a doubt made more than $150k in the last 5 years as a seller. I was greedy at first. Maybe I still am because I really don't NEED the money, but it's so easy!

I think with time I figured out how to calm down and sell them correctly via help from others, reading this forum, the company I sell through, and just plain old trial and error.

You already know you're taking a risk. No, it's not very big when handled properly.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 16, 2023, 06:53:35 PM
I looked into this a few years ago but never pursued it. I'm now thinking about it again.

I have a discover with a high limit that is several years old as well as a chase card with a high limit that is also several years old. If I keep the discover to less than 7 per year and just one or two every month or two with the chase is there still a high likelihood I will get closed down?

By the way I don't know how old your "several years" are or how high your "high-limit" is. I'm guessing you can make an easy $350 per month with those two cards and extremely minimal worries about any closure. Again, limit, age, and your frequency all play a factor. You can find a nice medium that will make you happy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on December 17, 2023, 08:26:12 AM
I looked into this a few years ago but never pursued it. I'm now thinking about it again.

I have a discover with a high limit that is several years old as well as a chase card with a high limit that is also several years old. If I keep the discover to less than 7 per year and just one or two every month or two with the chase is there still a high likelihood I will get closed down?

There is always a risk of getting shut down. The original post in this thread is very clear about that.

Yes I'm well aware. Just as driving my truck down the road everyday comes with the risk of death, but if I follow the rules of the road and watch out for other drivers that is unlikely.... My question is if it is very likely?

Your likelyhood isn't very high at all. Drive with caution, use some defensive driving tactics whenever possible and you'll be far better off than the average person selling tradelines.

I've lost 4 credit cards in the last 5 years, and none in the last 3 years. Of those I lost, one bank even shut down my checking account too as extra punishment! LOL. I paid $14 a month for that checking account and never made a single deposit into it except for the day I opened it with $500.


Why would you pay $14/mo for a checking account that you don't need?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 17, 2023, 01:44:07 PM
I looked into this a few years ago but never pursued it. I'm now thinking about it again.

I have a discover with a high limit that is several years old as well as a chase card with a high limit that is also several years old. If I keep the discover to less than 7 per year and just one or two every month or two with the chase is there still a high likelihood I will get closed down?

There is always a risk of getting shut down. The original post in this thread is very clear about that.

Yes I'm well aware. Just as driving my truck down the road everyday comes with the risk of death, but if I follow the rules of the road and watch out for other drivers that is unlikely.... My question is if it is very likely?

Your likelyhood isn't very high at all. Drive with caution, use some defensive driving tactics whenever possible and you'll be far better off than the average person selling tradelines.

I've lost 4 credit cards in the last 5 years, and none in the last 3 years. Of those I lost, one bank even shut down my checking account too as extra punishment! LOL. I paid $14 a month for that checking account and never made a single deposit into it except for the day I opened it with $500.


Why would you pay $14/mo for a checking account that you don't need?

Because the checking account was open for 9 months before I applied for the credit card and they were collecting that $14 fee. Their algorithm tells them I'm an excellent client because while my account has a very small balance, they're collecting money on an account that's making no transactions (low risk, less paperwork, less number crunching, less visits to their branches, etc.)... When I applied for the high-limit card, approval was instant.

By the time the 36th month rolled around which depleted my $500 initial deposit for the checking account, I had already received over $2,500 in tradeline income from that card. Over the next two years of that card, I'd made another combined $2,500 to $3,500.

I don't believe I would have received that card and limit if I hadn't been a pre-existing customer. I think the account was almost exactly 5 years old when they shut it all down.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 17, 2023, 02:44:27 PM
Any word on if it is safe to get back in the water with Capital One?

Thinking I may until Jan to start selling my Cap One.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 17, 2023, 05:02:46 PM
Any word on if it is safe to get back in the water with Capital One?

Thinking I may until Jan to start selling my Cap One.

I don't think there's a consensus. I sold two capital one spots in October on a card and another spot at the beginning of this month on different capital one card. No problems as of yet. Be careful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 17, 2023, 09:55:26 PM
To help with the recent questions about good and bad cards, I assembled this data set.  It is largely bases on the old/good company and does not account for certain cards being stopped.  Hopefully those stopped cards will come back on line at some point.  The data is a mix of my own experience and what I have read on this thread.

----------------------/ Life      / Reset by / Cancel 1 Card / Add    / Remove / At a   / Annual / Cycles / Notes
----------------------/ Time    / Product  / All Cards or     / Online / Online    / time   / Max    /
----------------------/ Limit    / Change   / All Accounts    /           /             / limit     /          /
------------------------------------------------------------------------------------------------------------------
Synchrony CareCredit  /        /            /                         /  CALL  /  CALL     /          /           /   2       /
Citi                          /            /            /                         /  CALL  /ChatCALL/   2     /           /   2       /
Elan Financial           / ?!?!     /   ?!?!    /                         / Online /ChatCALL/   2      /           /   2       / Instructions say phone but can do online
PNC                        /            /            /                         / Online /  CALL      / 1       /   5       /     3    / Instructions say phone but can do online
Barclays                  /35/card/    No    /     ?!?!              / Online / Online     /   2      /           /   2       /
Capital One              / ?!?!    /   ?!?!   / All Cards            / Online / Online      /   2     /           /     3     /
Chase                     / ?!?!     /   ?!?!   / All Cards            / Online /  CALL      /   2     /            /      4    /
Discover                  /           /            / All Accounts       / Online / Online     / 1       / 7/card /   2       /
US Bank                  /           /            / All Accounts       / Online /  CALL      /   2     /            /   2       /
TD Bank/Target        /35/card/           /                          /           /               /          /            /   2       /
Alliant CU                /            /            /                         /            /               /          /            /   2       /
Huntington Bank      /           /            /                         / Online  /               /          /            /   2        / Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, West Virginia, or Wisconsin
USAA                      /           /            /                          /           /               /          /            /   2        / Military only
NFCU                      /           /            /                          / Online /               /          /   4       /     3      / Military only
American Express    /99/card/   ?!?!   /     ?!?!               / Online /               /          /            /   2        /
Bank of America      /           /            / All Accounts       /           /               /          /            /   2        /
Associated Bank      /           /            /                          /           /               /          /            /             /

Barclays may be the only truly lifetime limit

So I threw this all into a spreadsheet and then imported some pages from other data I have to compare and contrast. I personally can clarify that I've never (with any company I've used) kept Chase on for 4 whole months to ensure posting. I knew that sounded "off", which is why I asked if this was a best practice put into place to help prevent card closure.

My records show that anytime I had an AU more than 2 months on Chase, it was at the request of the AU who bought it twice (or bought a longer time period) and I was paid more. Chase can be problematic, and, knowing this, I have decided on my own to NOT remove a few cardholders over the years immediately after their purchased period. For example, maybe I sold 4 slots in 6 months, I may let 2 of those AUs stay on an extra month before removing just because it gave me some peace of mind and maybe I felt it was my own strategy to avoid closure. In any case, that was my decision and not a brokerage recommendation or idea.

Both Citi and Synphony, which I've never had, have been advised to me as "problematic". I never held a card from either, so anyone with experience may have input.

The odd exception is your spreadsheet says 2 months for BOA, I've always had 4 month periods for AUs with BOA and been paid extra for those - however cannot confirm if it was a preventative measure (minimalize card closure), or a requirement for proper posting. I'm going to look into that but if anyone has info, please relay. I'll get a definitive answer from a non-new/old company within the next few days max of their opinion/reasoning for that.

Nobody else responded to Riker's post so if this has been discussed/concluded with certainty before, my apology.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on December 17, 2023, 11:27:48 PM

Both Citi and Synphony, which I've never had, have been advised to me as "problematic". I never held a card from either, so anyone with experience may have input.


Citi is one of my more lucrative cards. Occasionally they won’t post, and another problem with them in conjunction with my local post office is Citi usually sends the AU cards to me with their name, and my post office overzealously filters mail that doesn’t have our names on it, so I sometimes get into a situation that I have to call or chat with Citi to verify my address as they got the AUs card returned to them. Annoying, but because I know the drill it doesn’t take that much time to resolve. Definitely freaked me out the first time it happened, I log on to the app and it says “account closed”.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CornFarmer on December 18, 2023, 07:07:33 AM
Would someone be willing to give me a referral to the companies that buy tradelines? Also, if any would be interested in selling spots on my amex?

Also some of the companies I have found through Google seem to have a huge amount for sale, unless people buy these constantly it makes me think the likelihood of getting a sale would be pretty small?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 18, 2023, 07:09:49 AM
I had the Discover "enter a real address" problem.  I even went to Google street view to view the address which is an apartment building.  Perhaps they want an apartment number.  I don't have the patience so simply checked the box with my own address and it posted.  Who cares?  So I'll get Cap One offers for years for this AU or bill collector letters.  Could be either and I don't really care.  They go to start my wood furnace in the morning or to the recycling center in the summer.

And with even better news....the new company paid me!  So I guess I'll wait another year and a half for my next payment like I seem to see all the time now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 18, 2023, 02:16:05 PM
The odd exception is your spreadsheet says 2 months for BOA, I've always had 4 month periods for AUs with BOA and been paid extra for those - however cannot confirm if it was a preventative measure (minimalize card closure), or a requirement for proper posting. I'm going to look into that but if anyone has info, please relay. I'll get a definitive answer from a non-new/old company within the next few days max of their opinion/reasoning for that.

In my experience and my understanding, tradelines post to the AUs account either (a) within a few days after statement close for most cards, or (b) close to the end of the calendar month for USBank cards.  Provided that (1) the AU information matches, (2) the AU information contains at least three matching data points among (name/SSN/address/DOB), (3) the card closes with a balance, and (4) nothing weird happens.

Therefore, leaving the AU on for 2/3/4 months is only for (A) giving the AU time to do whatever they need to do, and (B) to reduce the risk of account closure.  It is never, in my understanding and experience, to ensure posting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 18, 2023, 04:35:03 PM
The odd exception is your spreadsheet says 2 months for BOA, I've always had 4 month periods for AUs with BOA and been paid extra for those - however cannot confirm if it was a preventative measure (minimalize card closure), or a requirement for proper posting. I'm going to look into that but if anyone has info, please relay. I'll get a definitive answer from a non-new/old company within the next few days max of their opinion/reasoning for that.

In my experience and my understanding, tradelines post to the AUs account either (a) within a few days after statement close for most cards, or (b) close to the end of the calendar month for USBank cards.  Provided that (1) the AU information matches, (2) the AU information contains at least three matching data points among (name/SSN/address/DOB), (3) the card closes with a balance, and (4) nothing weird happens.

Therefore, leaving the AU on for 2/3/4 months is only for (A) giving the AU time to do whatever they need to do, and (B) to reduce the risk of account closure.  It is never, in my understanding and experience, to ensure posting.

Thanks for sharing. Most of us know that the 2 month period is standard/minimum/basic from any company in the industry - that's what the buyer pays for, and it gives them time. The idea that a 3 or 4 month time period was required to ensure posting threw me off.

I can confirm that one company strictly requires 4 months for BOA to prevent card closure and pays much extra for that. Not exactly double the typical 2 month payment but close.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Monkey stache on December 19, 2023, 11:08:31 AM
I just had my first closure which was with CapitalOne. It looks like I was part of the last wave of cuts that some of you were apart of. I added a total of only 3 AUs this year, it was my oldest card, and they didn't even bother sending me a letter to let me know.

Any recommendations on a replacement card? I already have 2 Chase cards, 1 USAA card, and a Barclays card. I work with both the old and new company but have a preference for the one that pays out automatically. Bonus points if the AU can be added and removed online

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 19, 2023, 01:38:50 PM
I just had my first closure which was with CapitalOne. It looks like I was part of the last wave of cuts that some of you were apart of. I added a total of only 3 AUs this year, it was my oldest card, and they didn't even bother sending me a letter to let me know.

Any recommendations on a replacement card? I already have 2 Chase cards, 1 USAA card, and a Barclays card. I work with both the old and new company but have a preference for the one that pays out automatically. Bonus points if the AU can be added and removed online

That sucks, but part of playing. Any idea what contributed? Did you contact them? Were you adding/removing online or by phone? Did you have any other cards with them and did they close those as well?

Looking at new cards: Discover, Capital One, and US Bank have been my least problematic cards of all time. Obviously Capital one isn't an option for you. Navy Federal (if you feel like going with a credit union and even better if you want to open a checking account with them first).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on December 19, 2023, 01:47:57 PM
I just had my first closure which was with CapitalOne. It looks like I was part of the last wave of cuts that some of you were apart of. I added a total of only 3 AUs this year, it was my oldest card, and they didn't even bother sending me a letter to let me know.

Any recommendations on a replacement card? I already have 2 Chase cards, 1 USAA card, and a Barclays card. I work with both the old and new company but have a preference for the one that pays out automatically. Bonus points if the AU can be added and removed online

Barclays and Discover are at the top of my list. Online add and remove. I have been opening barclays cards regularly to age them, and then I will reallocate credit limit to them when I am ready to sell spots on them in the future. Discover has been good as well, but I believe you can only open 2 Discover cards maximum.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 23, 2023, 02:48:20 PM
Barclays often does not post.  I put in all the info and add the AU and they show up.  Then they disappear and of course they don't come back.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 23, 2023, 03:57:57 PM
Barclays often does not post.  I put in all the info and add the AU and they show up.  Then they disappear and of course they don't come back.

Are you at the lifetime limit on that card maybe?

I've had 29 Barclay AUs with Good Company and all but one posted.  The one that didn't post was a lifetime limit issue.

Otherwise, are you following the TL company recommendations for how to add?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on December 24, 2023, 07:58:51 AM
Yes.  I have 4 Barclays cards just waiting for AUs.  I absolutely do follow the old company's instructions on how to add and over the years, I've had probably 50 times where they were fine.  In the last year, they're maybe 2 work, 1 doesn't kind of percentage. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on December 24, 2023, 10:18:51 AM
Yes.  I have 4 Barclays cards just waiting for AUs.  I absolutely do follow the old company's instructions on how to add and over the years, I've had probably 50 times where they were fine.  In the last year, they're maybe 2 work, 1 doesn't kind of percentage.

Hmm.  Strange.  Maybe ask the Person Who Seems to Do Most If Not All of The Work at Old Company for advice?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 24, 2023, 11:47:53 AM
I remember there was a problem with Barclays non posting around 2020-2021. I wasn't using Barclays at the time for TLs so I was not affected. Almost all of my recent Barclays TLs posted just fine.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on December 27, 2023, 08:01:58 AM
If I get a decent amount of AUs this month, I might get close to 20K this year.

Tips?  Tricks?  Anything unusual about your situation?  Just counting piggybacking or are you including SUBs and other stuff?

(I do well, but not anywhere near that well.)

Well the best tip would be that you get many high limit credit cards with issuers that historically don’t have AU cancellation problems, and that you had gotten them many years ago, so the age of the credit line is high.

Yes, that is something one cannot just do.

And that is just TL revenue, not counting any SUB or other cc perks.

Ah, OK, thanks.  I've mostly done that, just not apparently to the same extent that you have.  Congratulations!

Of course I jinxed myself, December and Q4 as a whole has been pretty lousy in TL sales. I’m going to be down slightly yoy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 27, 2023, 09:19:47 AM
Interesting random question when I asked the BOA online chat rep to remove my AU... her response..

"May I ask the reason you are removing the authorized user is because they passed away?"


Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 27, 2023, 12:02:08 PM
For what it's worth, I've kept a running file based entirely off of what I've seen on this 123 page thread about what cards are likely to work and which ones won't. I'll post it here for anyone's edification, but I will not vouch for it nor can I say it's up to date, though nothing I've seen lately obviously overturns it all. If anyone knows better, just say so and I'll update my file:

Good:

Discover
TD Bank
Barclays
PNC
Associated Bank
Amex
Wells Fargo (not currently accepted)

Maybe:

Capital One
US Bank
Citi (requires over the phone)

Bad:

Chase (will shut down all accounts)
Bank of America (lots of shut downs)
Elan Fidelity

**

I personally have only used a Discover card through Old Company and have had nothing but good results. I have not been as aggressive about doing the TL thing as a lot of people, but then again I'm happy to make a few hundred bucks here and there for little effort without any stress. And props to arebelspy as usual for having been cool enough to make this something that the community can use.

AmEx is not good at all. There is an important reason why, and it's that AmEx doesn't post to an authorized user's credit profile with the true age of the card. While the credit report WILL display the correct credit limit, the authorized user is seen as "new" and therefore the account is shown as "new".

There are very few circumstances when an authorized user wants to purchase a card that is going to figure into their credit score as brand new because obviously this alters their average card age which in turn affects their overall credit score. Typically, the limit would need to be astronomically high in order to outweigh the loss of age - unless your particular problem/goal/strategy as an AU is to temporarily lower your utilization by an extreme amount.

Point is, it has it's purpose but I think sellers of AmEx should be very aware of this. Some bad players in the industry sell Amex (they love to slip them into packages mixed with other lines that have an old age and lower limit) to buyers who don't know better and who aren't trying to solely minimize their overall utilization. I don't think that's fair or moral but you have the right to ask your brokerage what they're doing with your AmEx and/or how it's being offered to AUs. A good brokerage would explain or leverage this tool in the proper way. Other brokerages will simply allow any random user to buy, and let the process proceed as normal without informing the AU of what I spoke about.

As far as reporting, they report very well. But the way in which they report and the way this is misused, misunderstood and manipulated is something that puts any AmEx card into "special use only" zone when it comes to selling. 

Many of you know this but there are still many who don't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 27, 2023, 12:10:32 PM
Interesting random question when I asked the BOA online chat rep to remove my AU... her response..

"May I ask the reason you are removing the authorized user is because they passed away?"

That's unreal... Nothing surprises me though... My response to that would be:

"Excuse me??? How you could possibly feel comfortable asking me about something so personal and potentially offensive? Is this protocol???"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on December 27, 2023, 04:52:52 PM
I've never been pushed for an explanation of who I'm adding as an AU, but, my go to is along the lines of 'My girlfriend's brother is getting into home renovation and I'm giving him some work to get on his feet, the AU is one of his workers who will be buying supplies from Home Depot and I want the points."

If they ask for a reason he's being removed, "Yeah, change of plans on the renovation"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 27, 2023, 05:26:27 PM
I've never been pushed for an explanation of who I'm adding as an AU, but, my go to is along the lines of 'My girlfriend's brother is getting into home renovation and I'm giving him some work to get on his feet, the AU is one of his workers who will be buying supplies from Home Depot and I want the points."

If they ask for a reason he's being removed, "Yeah, change of plans on the renovation"

That's either a really good one or a really bad one... I like it, I mean it's a great answer. But I'm not a bank.

We know they already hate it when people know how to play the points game effectively. If they assume you're going to carry a big balance afterward I guess they might be all for it. If they think they won't be earning any interest there then it might not work so well.

I honestly believe they're brushing very close to breaking the law by asking anything about the "why" behind adding your AUs. I posted a link to this a page ago. The definitely shouldn't be asking for documents and they know this but asking pushy questions is almost the same. I mean, it's personal. Its your card. Why should you have to explain to them, because they issued the card? Well, maybe they need to state that in their policy - something they cannot legally do as far as I know. If they use that info to later determine your creditworthiness, they're committing a huge discriminatory crime. It may not be so black and white, but as sellers we're operating in the backwaters so.... I guess it is what it is.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: CornFarmer on December 28, 2023, 07:47:13 AM
Everyone says discover allows 7AUs in a year including the TL company I'm selling with. On the discover page where I can add AUs it says 5. Can I only add 5 or is it 7? I sold 3 in 2 days time and don't want to oversell.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on December 28, 2023, 08:42:13 AM
Everyone says discover allows 7AUs in a year including the TL company I'm selling with. On the discover page where I can add AUs it says 5. Can I only add 5 or is it 7? I sold 3 in 2 days time and don't want to oversell.
Discover will tell you when you reach your limit.  I sold 7 and was locked for a year.  They may change it with no notice.  My take is sell until Discover says no more then start checking in 8 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoneyTree on December 28, 2023, 11:29:41 AM
Everyone says discover allows 7AUs in a year including the TL company I'm selling with. On the discover page where I can add AUs it says 5. Can I only add 5 or is it 7? I sold 3 in 2 days time and don't want to oversell.
Discover will tell you when you reach your limit.  I sold 7 and was locked for a year.  They may change it with no notice.  My take is sell until Discover says no more then start checking in 8 months.

Discover has been inconsistent with this for my cards. Sometimes they will prevent more AUs sooner than I expect. Sometimes the block will mysteriously disappear before it is supposed to. Sometimes they will say that I can add more AUs after a specific date, and then the date will change for no reason. I would just check each month when deciding if your discover card should be made available for sales.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 28, 2023, 04:38:17 PM
same here MoneyTree!  Discover has been my weakest/finickiest card for tradelines for sure!

All I can do is just laugh when I see that AU date keep getting pushed out farther and farther.
But, I could add AUs over the phone despite what it says online.  That worked for a couple of AUs, then out of the blue Discover stopped posting to the credit bureaus.
After about 3 phone calls, talking to 5 different people, I finally was able to get them to make my AUs post again!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on December 28, 2023, 04:47:47 PM
Speaking of Discover,  how long do you guys typically have to wait between CL increases with Discover?
I know they deny CL increases if you haven't been spending a lot... but I am currently going through an "aging" stage with my Discover trying to get the CL higher.
After about 7-8 months of denying an increase due to low utilization, I decided to put EVERYTHING on my Discover for a few months and finally got a small CL increase!
That was 3 months ago so now I figure it's time to request another CL increase.

Pretty much all my other cards had no problem giving me decent limits ($25k - $35k) right off the bat...but my lame 4 yr old Discover card only has a $14k limit right now.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on December 28, 2023, 05:42:00 PM
They only allow 7 spots a year. The solution here is simple. If you sell 7 spots in 6 months, you've got 6 months of free time to spend away. During those 6 months, get a few grand onto that card and make a mid-month payment of $500. Then let it roll over with a balance into the next period by making a smaller payment than the full balance, yet much more than the minimum required payment... Make some more purchases, then make a payment or two during the month. Let it roll over again. Pay in full before 3rd closing month... No interest. 4th month, spend a lot and pay in full. Same for month 5 and month 6.

They're not going to give you large increases when your usage and payments are stale and/or nothing. Create some action in there. Then chill and sell more tradelines. Rinse & repeat.

Ideally you want to ask for a limit increase with them when you have a decent balance going, but not during the very first month of that. Ideally, IMHO, month 5 or 6 would be ideal to ask for the increase. Just don't have it maxed out when requesting the increase because that doesn't look too great either.

From what I've learned, making more frequent payments than required (paying mid-period for example) keeps your utilization constantly fluctuating and has helped me not only with increases but my credit score seemed to grow quicker and by larger margins that way as compared to not doing that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: densyong on December 30, 2023, 06:06:25 PM
I have been trying to get an AARP (Barclay) card, but not having any luck.  It's been long enough I don't recall all the details but these are some of the basics.

Applied on line
Got email links requesting various documents
Provided documents online
Links then said declined
Got letter asking for more documents ... what?
Called Barclays, got bounced around a lot, ended up talking to a separate AARP department, was told they could not help me and I had to fax the requested documents.  They said they could only do a new application over the phone, expecting the same results I choose to continue with the original application.
Faxed documents
Got 2nd letter asking for same documents
Mailed the documents this time
Got a 3rd letter asking for the same documents.   :[

No idea how get this card.  Does anyone have some helpful experience?
Thanks in advance

We recently got this card for my wife.  We applied online, no documentation was requested, approval was immediate.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on December 31, 2023, 12:44:45 PM
I have been trying to get an AARP (Barclay) card, but not having any luck.  It's been long enough I don't recall all the details but these are some of the basics.

Applied on line
Got email links requesting various documents
Provided documents online
Links then said declined
Got letter asking for more documents ... what?
Called Barclays, got bounced around a lot, ended up talking to a separate AARP department, was told they could not help me and I had to fax the requested documents.  They said they could only do a new application over the phone, expecting the same results I choose to continue with the original application.
Faxed documents
Got 2nd letter asking for same documents
Mailed the documents this time
Got a 3rd letter asking for the same documents.   :[

No idea how get this card.  Does anyone have some helpful experience?
Thanks in advance

I had a very similar experience, almost the same as you, when I applied for that card. Jumped through all the hoops and got approved.
The only option to send them the documents was by mail which was very annoying.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 01, 2024, 09:22:29 AM
I would say Amex has been very good for me and has made me the most money over 3 1/2 years.  Of the two brokers I sell through, one does use it as a throw in to other sales/packages they do to help give a client who bought other TLs an extra boost.  My card is 60k CL so it's meaningful.

Have sold around 170 spots over that time, thought it's certainly slowed down.  Had one account review with Amex that I passed and I continue to use them for signup bonus hacks. Once you've added 99 to a card that card is done for a few years but easy to add a new card and transfer CL.

 

For what it's worth, I've kept a running file based entirely off of what I've seen on this 123 page thread about what cards are likely to work and which ones won't. I'll post it here for anyone's edification, but I will not vouch for it nor can I say it's up to date, though nothing I've seen lately obviously overturns it all. If anyone knows better, just say so and I'll update my file:

Good:

Discover
TD Bank
Barclays
PNC
Associated Bank
Amex
Wells Fargo (not currently accepted)

Maybe:

Capital One
US Bank
Citi (requires over the phone)

Bad:

Chase (will shut down all accounts)
Bank of America (lots of shut downs)
Elan Fidelity

**

I personally have only used a Discover card through Old Company and have had nothing but good results. I have not been as aggressive about doing the TL thing as a lot of people, but then again I'm happy to make a few hundred bucks here and there for little effort without any stress. And props to arebelspy as usual for having been cool enough to make this something that the community can use.

AmEx is not good at all. There is an important reason why, and it's that AmEx doesn't post to an authorized user's credit profile with the true age of the card. While the credit report WILL display the correct credit limit, the authorized user is seen as "new" and therefore the account is shown as "new".

There are very few circumstances when an authorized user wants to purchase a card that is going to figure into their credit score as brand new because obviously this alters their average card age which in turn affects their overall credit score. Typically, the limit would need to be astronomically high in order to outweigh the loss of age - unless your particular problem/goal/strategy as an AU is to temporarily lower your utilization by an extreme amount.

Point is, it has it's purpose but I think sellers of AmEx should be very aware of this. Some bad players in the industry sell Amex (they love to slip them into packages mixed with other lines that have an old age and lower limit) to buyers who don't know better and who aren't trying to solely minimize their overall utilization. I don't think that's fair or moral but you have the right to ask your brokerage what they're doing with your AmEx and/or how it's being offered to AUs. A good brokerage would explain or leverage this tool in the proper way. Other brokerages will simply allow any random user to buy, and let the process proceed as normal without informing the AU of what I spoke about.

As far as reporting, they report very well. But the way in which they report and the way this is misused, misunderstood and manipulated is something that puts any AmEx card into "special use only" zone when it comes to selling. 

Many of you know this but there are still many who don't.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on January 02, 2024, 11:35:27 AM
I would say Amex has been very good for me and has made me the most money over 3 1/2 years.  Of the two brokers I sell through, one does use it as a throw in to other sales/packages they do to help give a client who bought other TLs an extra boost.  My card is 60k CL so it's meaningful.

Have sold around 170 spots over that time, thought it's certainly slowed down.  Had one account review with Amex that I passed and I continue to use them for signup bonus hacks. Once you've added 99 to a card that card is done for a few years but easy to add a new card and transfer CL.

 

For what it's worth, I've kept a running file based entirely off of what I've seen on this 123 page thread about what cards are likely to work and which ones won't. I'll post it here for anyone's edification, but I will not vouch for it nor can I say it's up to date, though nothing I've seen lately obviously overturns it all. If anyone knows better, just say so and I'll update my file:

Good:

Discover
TD Bank
Barclays
PNC
Associated Bank
Amex
Wells Fargo (not currently accepted)

Maybe:

Capital One
US Bank
Citi (requires over the phone)

Bad:

Chase (will shut down all accounts)
Bank of America (lots of shut downs)
Elan Fidelity

**

I personally have only used a Discover card through Old Company and have had nothing but good results. I have not been as aggressive about doing the TL thing as a lot of people, but then again I'm happy to make a few hundred bucks here and there for little effort without any stress. And props to arebelspy as usual for having been cool enough to make this something that the community can use.

AmEx is not good at all. There is an important reason why, and it's that AmEx doesn't post to an authorized user's credit profile with the true age of the card. While the credit report WILL display the correct credit limit, the authorized user is seen as "new" and therefore the account is shown as "new".

There are very few circumstances when an authorized user wants to purchase a card that is going to figure into their credit score as brand new because obviously this alters their average card age which in turn affects their overall credit score. Typically, the limit would need to be astronomically high in order to outweigh the loss of age - unless your particular problem/goal/strategy as an AU is to temporarily lower your utilization by an extreme amount.

Point is, it has it's purpose but I think sellers of AmEx should be very aware of this. Some bad players in the industry sell Amex (they love to slip them into packages mixed with other lines that have an old age and lower limit) to buyers who don't know better and who aren't trying to solely minimize their overall utilization. I don't think that's fair or moral but you have the right to ask your brokerage what they're doing with your AmEx and/or how it's being offered to AUs. A good brokerage would explain or leverage this tool in the proper way. Other brokerages will simply allow any random user to buy, and let the process proceed as normal without informing the AU of what I spoke about.

As far as reporting, they report very well. But the way in which they report and the way this is misused, misunderstood and manipulated is something that puts any AmEx card into "special use only" zone when it comes to selling. 

Many of you know this but there are still many who don't.

I won't disagree they're not problematic about adding/removing AUs and they will sell a lot if you have a high limit. Still as mentioned I think their are a lot of companies doing an injustice with that card by packaging it. 3 tradelines bought and if one has 0 years, that really brings the average age down but as we know there's a reason and situation it could be useful.

I think for the typical buyer it's not a useful purchase yet they're sold on the "great idea". As mentioned, each situation varies. I see big brokerages continually take advantage of buyers with AmEx so I can't say I'm a fan of that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: harrydogyo on January 02, 2024, 12:38:37 PM
Yeah I guess it's a fair point that it might not be the best for some buyers if it affects age.  I will say for family members who needed a boost who I added to a few of my cards it did seem to help. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on January 02, 2024, 12:45:13 PM
Yeah I guess it's a fair point that it might not be the best for some buyers if it affects age.  I will say for family members who needed a boost who I added to a few of my cards it did seem to help.

Especially if youngsters or if they only have cards of lower age, super-beneficial in the long-run.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on January 02, 2024, 01:00:35 PM
Good point about buyers with low AA of A. A lot of the time, buyers are just in from other countries with no credit file here, right? So it would theoretically make more sense for them as well as for younger Americans.

One would hope that tradeline companies can advise their buyers on what purchases are best for them so sellers don't have to worry about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 02, 2024, 05:56:53 PM
On the Discover limits, I did hit it and they told me when I could add again.  Seems to be a rolling limit.  So if you go over the limit but an AU that had been added the end of January means that at the end of January, your # of AUs added in a year now is one less.  Since my denial and wait of like 2 months, I've since added 3 AUs in 3 months.  So that's good news, I think.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on January 02, 2024, 08:02:06 PM
On the Discover limits, I did hit it and they told me when I could add again.  Seems to be a rolling limit.  So if you go over the limit but an AU that had been added the end of January means that at the end of January, your # of AUs added in a year now is one less.  Since my denial and wait of like 2 months, I've since added 3 AUs in 3 months.  So that's good news, I think.

It's definitely a rolling limit. That's confusing at first. You could have all allowed slots available or just one depending on the last 12 months of activity. If you added all your AUs over a period of 3 months, it'd be 15 months before you could add that same number again, but only 12 months before you'd have at least a slot ready.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 02, 2024, 11:04:16 PM
I've never been pushed for an explanation of who I'm adding as an AU, but, my go to is along the lines of 'My girlfriend's brother is getting into home renovation and I'm giving him some work to get on his feet, the AU is one of his workers who will be buying supplies from Home Depot and I want the points."

If they ask for a reason he's being removed, "Yeah, change of plans on the renovation"

I use a similar line: "My wife's boyfriend is the coolest guy I know, he needs a card for weekly purchases of Monster energy drinks, steroids, and Cialis, this is his legal name but we all know him as Chad Thundercock"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on January 02, 2024, 11:06:17 PM
anyone had issues adding Barclays in the past few days? I keep getting an error:

"Authorized user not added
The information you have entered is incorrect.

Please contact our Customer Service department as soon as possible at 888-232-0780"

tried calling to add twice, first rep said the first name is showing as not matching, second one was getting an error and was told by service dept that they are under maintenance and to try again after 24 hours
I should be at <20 lifetime AU's still


edit- called again to ask apparently I've had 38 adds so ya likely done, however when I further inquired the rep said I've only hit the limit for online adds and I can still add by phone, doesn't sound promising though might still try with the next one
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 03, 2024, 12:32:42 AM
anyone had issues adding Barclays in the past few days? I keep getting an error:

"Authorized user not added
The information you have entered is incorrect.

Please contact our Customer Service department as soon as possible at 888-232-0780"

tried calling to add twice, first rep said the first name is showing as not matching, second one was getting an error and was told by service dept that they are under maintenance and to try again after 24 hours

You've possibly hit the lifetime limit.  For me it happened at about 38 AUs.  Nice Lady at Good Company said "Over 35 AUs is usually when we start seeing it."  This was December 2022.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on January 03, 2024, 02:57:49 PM
I've never been pushed for an explanation of who I'm adding as an AU, but, my go to is along the lines of 'My girlfriend's brother is getting into home renovation and I'm giving him some work to get on his feet, the AU is one of his workers who will be buying supplies from Home Depot and I want the points."

If they ask for a reason he's being removed, "Yeah, change of plans on the renovation"

I use a similar line: "My wife's boyfriend is the coolest guy I know, he needs a card for weekly purchases of Monster energy drinks, steroids, and Cialis, this is his legal name but we all know him as Chad Thundercock"


LMFAOOO

"Ok sir, thank you very much for providing that information, your authorized user has been added and you'll be receiving their card in 7 to 10 business days. Anything else we can help you with today?"
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Enough on January 04, 2024, 07:53:45 AM
Can someone send me a PM with the current TL Company or their recommendation?

I have a citi card that I opened 4 years back for the sign on bonus and never closed.  Figure I might try this out rather than canceling it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on January 04, 2024, 08:03:11 AM
Can someone send me a PM with the current TL Company or their recommendation?

I have a citi card that I opened 4 years back for the sign on bonus and never closed.  Figure I might try this out rather than canceling it.
The preferred company is not taking Citi cards.  I never opened a Citi card and do not know the reasons for why they are not using them.  From my limited experience, failure to post is a big issue for some companies. 
Best wishes!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: smacpa on January 10, 2024, 10:54:00 PM
6 years ago I applied for my first credit card with the purpose of starting the clock to get involved in selling tradelines, I read through this entire thread.  I got busy with work and doing bank bonuses for extra cash but now I have a 6 year history card with Barclays.  Now I want to make extra cash to throw at the mortgage to payoff in 3 years.  How can I get involved?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 11, 2024, 12:07:33 AM
6 years ago I applied for my first credit card with the purpose of starting the clock to get involved in selling tradelines, I read through this entire thread.  I got busy with work and doing bank bonuses for extra cash but now I have a 6 year history card with Barclays.  Now I want to make extra cash to throw at the mortgage to payoff in 3 years.  How can I get involved?

Doesn't the very first post or two tell you everything you need to know to get started?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: smacpa on January 11, 2024, 05:26:53 AM
6 years ago I applied for my first credit card with the purpose of starting the clock to get involved in selling tradelines, I read through this entire thread.  I got busy with work and doing bank bonuses for extra cash but now I have a 6 year history card with Barclays.  Now I want to make extra cash to throw at the mortgage to payoff in 3 years.  How can I get involved?

Doesn't the very first post or two tell you everything you need to know to get started?

I guess I don’t follow why people are referencing old company and good company, last time I was here Apple by was starting just his own company for this.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 11, 2024, 12:25:40 PM
6 years ago I applied for my first credit card with the purpose of starting the clock to get involved in selling tradelines, I read through this entire thread.  I got busy with work and doing bank bonuses for extra cash but now I have a 6 year history card with Barclays.  Now I want to make extra cash to throw at the mortgage to payoff in 3 years.  How can I get involved?

Doesn't the very first post or two tell you everything you need to know to get started?

I guess I don’t follow why people are referencing old company and good company, last time I was here Apple by was starting just his own company for this.

Ah.  Those are answered somewhere in the thread, but I couldn't find it easily.

The references to Old Company and New Company (or Not So Great Company That Pays Late and Good Company - all terms refer to the same two companies) are just to keep the company names private.  You can get the company names by PM to either @arebelspy or me.

There was talk of starting a TL company, but as far as I know that never materialized.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on January 11, 2024, 01:43:03 PM
6 years ago I applied for my first credit card with the purpose of starting the clock to get involved in selling tradelines, I read through this entire thread.  I got busy with work and doing bank bonuses for extra cash but now I have a 6 year history card with Barclays.  Now I want to make extra cash to throw at the mortgage to payoff in 3 years.  How can I get involved?

Doesn't the very first post or two tell you everything you need to know to get started?

I guess I don’t follow why people are referencing old company and good company, last time I was here Apple by was starting just his own company for this.

Ah.  Those are answered somewhere in the thread, but I couldn't find it easily.

The references to Old Company and New Company (or Not So Great Company That Pays Late and Good Company - all terms refer to the same two companies) are just to keep the company names private.  You can get the company names by PM to either @arebelspy or me.

There was talk of starting a TL company, but as far as I know that never materialized.

Kind of off topic for the question at hand at this specific moment but I hope him or yourself are trying/testing a card or two with that potential "3rd" service provider so you can give your feedback. I think it's a no-brainer, but... Not my thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on January 11, 2024, 01:51:05 PM
6 years ago I applied for my first credit card with the purpose of starting the clock to get involved in selling tradelines, I read through this entire thread.  I got busy with work and doing bank bonuses for extra cash but now I have a 6 year history card with Barclays.  Now I want to make extra cash to throw at the mortgage to payoff in 3 years.  How can I get involved?

Doesn't the very first post or two tell you everything you need to know to get started?

I guess I don’t follow why people are referencing old company and good company, last time I was here Apple by was starting just his own company for this.

Ah.  Those are answered somewhere in the thread, but I couldn't find it easily.

The references to Old Company and New Company (or Not So Great Company That Pays Late and Good Company - all terms refer to the same two companies) are just to keep the company names private.  You can get the company names by PM to either @arebelspy or me.

There was talk of starting a TL company, but as far as I know that never materialized.

Kind of off topic for the question at hand at this specific moment but I hope him or yourself are trying/testing a card or two with that potential "3rd" service provider so you can give your feedback. I think it's a no-brainer, but... Not my thread.

Did @arebelspy ever talk to them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on January 11, 2024, 02:46:10 PM
6 years ago I applied for my first credit card with the purpose of starting the clock to get involved in selling tradelines, I read through this entire thread.  I got busy with work and doing bank bonuses for extra cash but now I have a 6 year history card with Barclays.  Now I want to make extra cash to throw at the mortgage to payoff in 3 years.  How can I get involved?

Doesn't the very first post or two tell you everything you need to know to get started?

I guess I don’t follow why people are referencing old company and good company, last time I was here Apple by was starting just his own company for this.

Ah.  Those are answered somewhere in the thread, but I couldn't find it easily.

The references to Old Company and New Company (or Not So Great Company That Pays Late and Good Company - all terms refer to the same two companies) are just to keep the company names private.  You can get the company names by PM to either @arebelspy or me.

There was talk of starting a TL company, but as far as I know that never materialized.

Kind of off topic for the question at hand at this specific moment but I hope him or yourself are trying/testing a card or two with that potential "3rd" service provider so you can give your feedback. I think it's a no-brainer, but... Not my thread.

Did @arebelspy ever talk to them?

We exchanged a few PMs but I'm not sure if he spoke with them or is testing them out or whatever. I have a tendency to write too much when I'm excited and I don't want to bother him about it. I already feel like I smothered him lol.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 11, 2024, 03:14:25 PM
6 years ago I applied for my first credit card with the purpose of starting the clock to get involved in selling tradelines, I read through this entire thread.  I got busy with work and doing bank bonuses for extra cash but now I have a 6 year history card with Barclays.  Now I want to make extra cash to throw at the mortgage to payoff in 3 years.  How can I get involved?

Doesn't the very first post or two tell you everything you need to know to get started?

I guess I don’t follow why people are referencing old company and good company, last time I was here Apple by was starting just his own company for this.

Ah.  Those are answered somewhere in the thread, but I couldn't find it easily.

The references to Old Company and New Company (or Not So Great Company That Pays Late and Good Company - all terms refer to the same two companies) are just to keep the company names private.  You can get the company names by PM to either @arebelspy or me.

There was talk of starting a TL company, but as far as I know that never materialized.

Kind of off topic for the question at hand at this specific moment but I hope him or yourself are trying/testing a card or two with that potential "3rd" service provider so you can give your feedback. I think it's a no-brainer, but... Not my thread.

Did @arebelspy ever talk to them?

We exchanged a few PMs but I'm not sure if he spoke with them or is testing them out or whatever. I have a tendency to write too much when I'm excited and I don't want to bother him about it. I already feel like I smothered him lol.

I'm personally satisfied with Good Company and don't really feel the need to try out any others.  But YMMV obviously.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 11, 2024, 06:46:19 PM
6 years ago I applied for my first credit card with the purpose of starting the clock to get involved in selling tradelines, I read through this entire thread.  I got busy with work and doing bank bonuses for extra cash but now I have a 6 year history card with Barclays.  Now I want to make extra cash to throw at the mortgage to payoff in 3 years.  How can I get involved?

Doesn't the very first post or two tell you everything you need to know to get started?

I guess I don’t follow why people are referencing old company and good company, last time I was here Apple by was starting just his own company for this.

Ah.  Those are answered somewhere in the thread, but I couldn't find it easily.

The references to Old Company and New Company (or Not So Great Company That Pays Late and Good Company - all terms refer to the same two companies) are just to keep the company names private.  You can get the company names by PM to either @arebelspy or me.

There was talk of starting a TL company, but as far as I know that never materialized.

Kind of off topic for the question at hand at this specific moment but I hope him or yourself are trying/testing a card or two with that potential "3rd" service provider so you can give your feedback. I think it's a no-brainer, but... Not my thread.

Did @arebelspy ever talk to them?

We exchanged a few PMs but I'm not sure if he spoke with them or is testing them out or whatever. I have a tendency to write too much when I'm excited and I don't want to bother him about it. I already feel like I smothered him lol.

I'm personally satisfied with Good Company and don't really feel the need to try out any others.  But YMMV obviously.

How have you balanced signing up for cards with actual good signup bonuses vs cards that the good company pays you for?


A lot of the cards that seem to be on the good list a few pages back are from issuers I've never bothered with.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 11, 2024, 07:28:36 PM
I'm personally satisfied with Good Company and don't really feel the need to try out any others.  But YMMV obviously.

How have you balanced signing up for cards with actual good signup bonuses vs cards that the good company pays you for?

A lot of the cards that seem to be on the good list a few pages back are from issuers I've never bothered with.

For context, I have a long credit history, lots of cards from lots of issuers with lots of CL.  This is a result of an intertwined credit history with my Dad who shares my same first and last name, a good engineering manager salary, and playing a variety of credit card games for probably 20 years.  So now I already have pretty much as much CL from all the usual issuers that I can probably get given my credit and income situation.

It's also my opinions that a good piggybacking card is worth more than a signup bonus to me, and that the posts here opining on which cards were good/better/best/worst did not line up with my experience and personal preferences.

I've also decided that the "app-o-rama" approach that was popular a while ago doesn't work well for me any more.

Finally, as noted, I'm happy working with Good Company exclusively.  (If there were another trustworthy company that took cards I have that Good Company didn't/doesn't, I'd consider them.)

So what I do is every year or so, sit down and see which issuers Good Company supports that I don't have cards (or enough cards) with yet, and then see if there are any sign up bonuses for those cards.  That's how, for example, I ended up with a Barclays AARP card.  My previous Barclays hit the lifetime limit and I needed a replacement to start aging, and the AARP card had a $100 SUB on it.

But yes, I'm past the major issuers now, so I'm opening cards with the less common ones.  For example, I've recently got cards with NFCU and TD Bank, among some others.

Finally, personally I'm not scrapping for every nickel any more, so I'm aiming for a situation where I can have a lesser number of cards actively piggybacking with a higher dollar per slot commission.  It's the same work either way, so I'd prefer to get paid $200 per slot rather than $50 or $75.

As a consequence, I'm not really growing the number of cards in my piggybacking collection at this point very much.  I have six cards that don't piggyback for various reasons, 11 currently enrolled, and 5 that are aging and/or need work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on January 11, 2024, 07:50:40 PM
I'm personally satisfied with Good Company and don't really feel the need to try out any others.  But YMMV obviously.

How have you balanced signing up for cards with actual good signup bonuses vs cards that the good company pays you for?

A lot of the cards that seem to be on the good list a few pages back are from issuers I've never bothered with.

For context, I have a long credit history, lots of cards from lots of issuers with lots of CL.  This is a result of an intertwined credit history with my Dad who shares my same first and last name, a good engineering manager salary, and playing a variety of credit card games for probably 20 years.  So now I already have pretty much as much CL from all the usual issuers that I can probably get given my credit and income situation.

It's also my opinions that a good piggybacking card is worth more than a signup bonus to me, and that the posts here opining on which cards were good/better/best/worst did not line up with my experience and personal preferences.

I've also decided that the "app-o-rama" approach that was popular a while ago doesn't work well for me any more.

Finally, as noted, I'm happy working with Good Company exclusively.  (If there were another trustworthy company that took cards I have that Good Company didn't/doesn't, I'd consider them.)

So what I do is every year or so, sit down and see which issuers Good Company supports that I don't have cards (or enough cards) with yet, and then see if there are any sign up bonuses for those cards.  That's how, for example, I ended up with a Barclays AARP card.  My previous Barclays hit the lifetime limit and I needed a replacement to start aging, and the AARP card had a $100 SUB on it.

But yes, I'm past the major issuers now, so I'm opening cards with the less common ones.  For example, I've recently got cards with NFCU and TD Bank, among some others.

Finally, personally I'm not scrapping for every nickel any more, so I'm aiming for a situation where I can have a lesser number of cards actively piggybacking with a higher dollar per slot commission.  It's the same work either way, so I'd prefer to get paid $200 per slot rather than $50 or $75.

As a consequence, I'm not really growing the number of cards in my piggybacking collection at this point very much.  I have six cards that don't piggyback for various reasons, 11 currently enrolled, and 5 that are aging and/or need work.

I also share a first and last name with my dad - but how does that affect your own credit? Presumably your dad has a different SSN than you do?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 11, 2024, 08:57:48 PM
I also share a first and last name with my dad - but how does that affect your own credit? Presumably your dad has a different SSN than you do?

Back in the dark ages when I was a kid and shared a name and address with my Dad, the credit bureaus got stuff mixed up several times such that some of my Dad's credit lines showed up on my credit history.  As far as the credit bureaus were concerned, my first credit account was opened when I was four years old.  Accidental piggybacking, if you will.

It's not particularly relevant except that it probably did help me out along the way in terms of getting more/better cards and limits along the way and has resulted in me being pretty much where the credit sidewalk ends.

Nowadays maybe the bureaus do things better.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on January 16, 2024, 07:43:57 AM
I also share a first and last name with my dad - but how does that affect your own credit? Presumably your dad has a different SSN than you do?

Back in the dark ages when I was a kid and shared a name and address with my Dad, the credit bureaus got stuff mixed up several times such that some of my Dad's credit lines showed up on my credit history.  As far as the credit bureaus were concerned, my first credit account was opened when I was four years old.  Accidental piggybacking, if you will.

It's not particularly relevant except that it probably did help me out along the way in terms of getting more/better cards and limits along the way and has resulted in me being pretty much where the credit sidewalk ends.

Nowadays maybe the bureaus do things better.

Ha!  My exact words to one of the credit agencies: "So, would you think AMEX would give a 3 year old one of these cards?".  It was taken off the credit report.  I called again and asked: "So, how many 4 year olds are granted a mortgage like me?".  That was also taken off.  I'm a junior but look at that...my social security number is not the same as my dad's.  I also notice lexis nexis is a bunch of morons as well.  I've had to identify myself for an employment background check.  They have the questions like "Which address was ever associated with you?".  I look at the list of addresses and sure enough, there's one of my dad's old rental houses he rented out.  Buncha morons.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on January 16, 2024, 10:18:23 PM
Chase is always a headache for me but what happened today got me really wondering

4 examples in the last 9 weeks, in the exact order they occurred:



Never once have I had them tell me the AU needs to call.

Seeing that they have totally inconsistent processes (maybe requirements handed down by "bosses" of specific call centers) I am assuming that I'm going to call myself in 30 days and there will be no problem, but I have a slight concern that they may note this on the account and request the user to call themselves. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on January 17, 2024, 04:15:21 AM
Chase is always a headache for me but what happened today got me really wondering

4 examples in the last 9 weeks, in the exact order they occurred:


  • Call bank to add AU and I ask to add SS of AU. They tell me to call back in 30 days because I can't add SS# the same day I add them. I did it, done.
  • Call to add AU, ask to add SS of AU. All is well, SS# added right away.
  • Call to add and am told to call back in 30 days because I cannot add AUs SS# the same day. Call back in 30 days, added SS and done.
  • JUST TODAY, I call to add and ask to add the SS and they tell me the USER THEMSELVES needs to call them in 30 days. I said "okay, I'll call back in 30 days". CS rep says "no sir, the authorized user has to call and provide their SS# themselves if they want it added to the account". I said, "ohhh, I misunderstood you. Ok, no problem."

Never once have I had them tell me the AU needs to call.

Seeing that they have totally inconsistent processes (maybe requirements handed down by "bosses" of specific call centers) I am assuming that I'm going to call myself in 30 days and there will be no problem, but I have a slight concern that they may note this on the account and request the user to call themselves.

I add online with the form and remove online with a secured message. Never had a problem.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 17, 2024, 11:15:17 AM
Chase is always a headache for me but what happened today got me really wondering

4 examples in the last 9 weeks, in the exact order they occurred:


  • Call bank to add AU and I ask to add SS of AU. They tell me to call back in 30 days because I can't add SS# the same day I add them. I did it, done.
  • Call to add AU, ask to add SS of AU. All is well, SS# added right away.
  • Call to add and am told to call back in 30 days because I cannot add AUs SS# the same day. Call back in 30 days, added SS and done.
  • JUST TODAY, I call to add and ask to add the SS and they tell me the USER THEMSELVES needs to call them in 30 days. I said "okay, I'll call back in 30 days". CS rep says "no sir, the authorized user has to call and provide their SS# themselves if they want it added to the account". I said, "ohhh, I misunderstood you. Ok, no problem."

Never once have I had them tell me the AU needs to call.

Seeing that they have totally inconsistent processes (maybe requirements handed down by "bosses" of specific call centers) I am assuming that I'm going to call myself in 30 days and there will be no problem, but I have a slight concern that they may note this on the account and request the user to call themselves.

I add online with the form and remove online with a secured message. Never had a problem.

+1.  I try to add/remove online or via SM whenever possible.  Minimizes risk of transcription errors (I cut and paste as much as I can) and might as well stay under the radar.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on January 17, 2024, 05:35:06 PM
Has anyone had trouble with AUs posting with Capital One recently with old company or any other service?  I have a Capital One card with old company which has been consistently filled with no posting issues, except the most recent AU claims it did not post on their credit report.  This AU was definitely added, they show as an AU in my online account and most recent statement, and I received the card from Capital One.  Capital One's online add process was slightly different this time, where a second window popped up asking for the AU's ssn in order to "provide online access."  I remember adding the SSN with prior AUs so did so this time also.

I had the same second window

Did you add the AU's SSN? What email did you use and what about the AU's physical address? I am hearing mixed signals with capital one tradelines recently.

Replying to this old message thread to bring up Capital One again. When you guys add Cap One AUs, do you give them online access (and use your phone and email so that they don't get instructions)? Because giving online access seems to be the only way to add AU's SSN.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on January 17, 2024, 07:55:15 PM
Has anyone had trouble with AUs posting with Capital One recently with old company or any other service?  I have a Capital One card with old company which has been consistently filled with no posting issues, except the most recent AU claims it did not post on their credit report.  This AU was definitely added, they show as an AU in my online account and most recent statement, and I received the card from Capital One.  Capital One's online add process was slightly different this time, where a second window popped up asking for the AU's ssn in order to "provide online access."  I remember adding the SSN with prior AUs so did so this time also.

I had the same second window

Did you add the AU's SSN? What email did you use and what about the AU's physical address? I am hearing mixed signals with capital one tradelines recently.

Replying to this old message thread to bring up Capital One again. When you guys add Cap One AUs, do you give them online access (and use your phone and email so that they don't get instructions)? Because giving online access seems to be the only way to add AU's SSN.

That's exactly what Good Company recommends.  I haven't added a Capital One AU in a while (they're on hold with Good Company currently), but that's what I vaguely recall doing as well.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: merula on January 18, 2024, 08:31:32 AM
I don't add the SSN with the bad/new company, and it always posts.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on January 18, 2024, 04:13:47 PM
I don't add the SSN with the bad/new company, and it always posts.

Only with Chase do I experience this problem of non-consistent posting to all 3 bureaus. It increases my likelyhood of not getting paid and wasting time. It doesn't happen often, but when it does, it's always Experian who my Chase cards fail to post to.

Point being, trying to always achieve all 3 is ideal. In a rare circumstance where it posts to transunion only or equifax only, that doesn't meet the broker's guarantee of minimum 2 out of 3 credit unions and so I wouldn't get paid. However, had it posted to Experian, that would have saved the failure to post.

This is not a very common thing and not a massive problem but every single time that it's not all 3, the issue is with Experian. This is my experience; no remedy...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: chuckster on January 31, 2024, 02:07:24 PM
Has anyone had trouble with AUs posting with Capital One recently with old company or any other service?  I have a Capital One card with old company which has been consistently filled with no posting issues, except the most recent AU claims it did not post on their credit report.  This AU was definitely added, they show as an AU in my online account and most recent statement, and I received the card from Capital One.  Capital One's online add process was slightly different this time, where a second window popped up asking for the AU's ssn in order to "provide online access."  I remember adding the SSN with prior AUs so did so this time also.

I had the same second window

Did you add the AU's SSN? What email did you use and what about the AU's physical address? I am hearing mixed signals with capital one tradelines recently.

Replying to this old message thread to bring up Capital One again. When you guys add Cap One AUs, do you give them online access (and use your phone and email so that they don't get instructions)? Because giving online access seems to be the only way to add AU's SSN.

I give them "online access" via my gmail account with the added + trick that gets ignored. Like "me@gmail" and "me+fakeAU@gmail" are two different addresses to a computer but both go to my inbox. So the online access the AU gets is me.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 02, 2024, 05:11:00 PM
If you're on their newsletter, you should have received this email, but posting for those who are not.

Old company (the good one) is now accepting enrollment of the following cards:
* Alliant CU
Barclays * $20k or higher in demand (25-35 AU lifetime limit)
* Discover (7 MAX AU annually)
* Huntington Bank
* PNC (5 MAX AU annually)
Chase * $40k or higher limit in demand
Elan/Fidelity -10+ years only
US Bank - 10+ years only

( * = low inventory or they're in demand.)

Enrollment ends February 28th.

PM me if you need a referral, otherwise I suspect there's plenty of you who were just waiting for enrollment to open. If you have those cards, worth enrolling them IMO.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 08, 2024, 10:32:42 PM
If you're on their newsletter, you should have received this email, but posting for those who are not.

Old company (the good one) is now accepting enrollment of the following cards:
* Alliant CU
Barclays * $20k or higher in demand (25-35 AU lifetime limit)
* Discover (7 MAX AU annually)
* Huntington Bank
* PNC (5 MAX AU annually)
Chase * $40k or higher limit in demand
Elan/Fidelity -10+ years only
US Bank - 10+ years only

( * = low inventory or they're in demand.)

Enrollment ends February 28th.

PM me if you need a referral, otherwise I suspect there's plenty of you who were just waiting for enrollment to open. If you have those cards, worth enrolling them IMO.

Did you conclude that the other company that was being talked about recently isn't worth the hassle?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 08, 2024, 10:35:50 PM
I don't have an opinion on them.

Insufficient data for a meaningful answer.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 10, 2024, 04:31:03 PM
I don't have an opinion on them.

Insufficient data for a meaningful answer.

There doesn't seem to be a "hassle" persay, at all. It's all benefits IMO. Nearly all lines sell instantly all year long, each buyer is manually audited at highest level, biggest (by far) payments of all companies, and very moral/fair/just... Service, speed, security, honesty and a simple set of clearly stated rules. I don't know what else we could ask for. I've done quite some time there and will not use another, ever. (unless they go out of business or something)

@arebelspy you should toss a card up there - figured you would have done that by now. Then again if you're happy where you're at I understand that completely.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jc1234 on February 11, 2024, 03:31:05 AM
Is there anywhere I can ‘buy’ points. Is anyone ever looking to sell? From what I have read, people only go to brokers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on February 11, 2024, 06:25:21 AM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on February 11, 2024, 11:22:32 AM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much

Username checks out. :)

I'll PM you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on February 12, 2024, 05:50:34 AM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much

found it, "other company" is gfsgroup.org. I tried to sign up because I have a couple of cards no one wants and another two I want to move but their link to sign up as a seller is broken. Not a good sign so I will keep looking
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 12, 2024, 09:59:00 AM
Has anyone had non-posting issues with Chase cards recently?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 12, 2024, 10:09:11 AM
Has anyone had non-posting issues with Chase cards recently?

Are you asking about situations where the card doesn't post, or problems related to Chase cards that are not related to posting aspects?

The answer is "no" for me, regardless, as I have had no issues with Chase cards recently at all.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 12, 2024, 11:28:16 AM
Has anyone had non-posting issues with Chase cards recently?

Are you asking about situations where the card doesn't post, or problems related to Chase cards that are not related to posting aspects?

The answer is "no" for me, regardless, as I have had no issues with Chase cards recently at all.

Sorry i wasn't clear. I'm asking about situations where the AU doesnt post with all the bureaus even though all the AU details are correct.   
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 12, 2024, 11:49:51 AM
Has anyone had non-posting issues with Chase cards recently?

Are you asking about situations where the card doesn't post, or problems related to Chase cards that are not related to posting aspects?

The answer is "no" for me, regardless, as I have had no issues with Chase cards recently at all.

Sorry i wasn't clear. I'm asking about situations where the AU doesnt post with all the bureaus even though all the AU details are correct.

I haven't, but my last Chase AU add was back in November.  I add online and remove via SM.  Where possible when adding, I cut and paste to minimize typo risk.  Typos don't always prevent posting but they can.

If I have posting issues (which are rare for me - less than 5% for sure), I'll also make sure I'm following all of the piggybacking company's recommended methodology - for example, even though it looks like I can add Citi online, I call in because that's what Good Company's FAQ / documents recommends.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on February 12, 2024, 02:04:19 PM
Has anyone had non-posting issues with Chase cards recently?

Padonak,
Yes!!!  I posted a similar question here on p.124 here. 
Basically things have been going great for both of my Chase cards... I've been selling AU's on them both for 5 years.  44 spots sold on one, and 45 on the other.
One card is 14 years old, the other is 18, so both pretty good commissions.

Regarding posting, both have been very consistent for the 5 years... up until around July/August last year, when one of my Chase cards had 2 or 3 non-postings in a row!!!!!  (no issues with my other Chase card).
My instinct told hey, maybe the seller is ripping me off suddenly and is making it up and keeping my commission!  haha 
So, for fun, and to test it out, a few months ago I added my 25 yr old son to the card and I did receive his AU card, but he did not post either!!!!!
Something going on with that Chase card.

I think I am going to send an SM to Chase and ask "Is something wrong with my card, I added my son to help him out, and it did not post, can you fix it???"


Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 12, 2024, 02:55:25 PM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much

found it, "other company" is gfsgroup.org. I tried to sign up because I have a couple of cards no one wants and another two I want to move but their link to sign up as a seller is broken. Not a good sign so I will keep looking

@kindoflost Why exactly does "no one want" the couple of cards you mentioned? Are they the banks/cards that are known to be problematic or the cards that nobody accepts? Also are you sure the link was broken? I tend to think it was more likely a glitch with a server connection or possibly even your ISP... Did you receive an error page?

I think this is why the referral to new/old and good/bad company are used here so people don't post negative remarks without being sure or honest about the underlying issue. I've been selling solely with that company for a while now and my experience is nothing but excellent. My first post on this forum was to question someone who claimed they were not paid by the company after repeated requests, which turned out to be a mere week - but that user conveniently forgot to mention that they had already received an answer and was not paid because they removed the AU in the middle of the purchase period (contrary to the agreement).

Interestingly enough, that same seller went back to that company to be a seller again. Never did answer me when I asked to help them resolve their payment issue since I knew something was not correct/right about that. I offered to speak to the owner on their behalf and help, because I've built up a pretty solid relationship with them in a few short years because I have a lot of old, high-limit cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 12, 2024, 03:07:11 PM
Has anyone had non-posting issues with Chase cards recently?

Are you asking about situations where the card doesn't post, or problems related to Chase cards that are not related to posting aspects?

The answer is "no" for me, regardless, as I have had no issues with Chase cards recently at all.

Sorry i wasn't clear. I'm asking about situations where the AU doesnt post with all the bureaus even though all the AU details are correct.

I'm one of the people who fall into the group of when there is a problem with a chase card posting, it's that they're the only card that I have that consistently doesn't post to all 3 bureaus. I believe others experience this issue too, but not all users.

I was suspecting it had to do with the method of adding but I've experimented and spoke with many others in the last few weeks and still have no real answer. It seems that there is no good reason or method that trumps the other. They just simply just do not post to the third bureau, and it's always the same bureau... However, not for everyone. Some people never face this issue at all, regardless of their card(s) or add methods.

 The thing that really sucks is that this is pretty rare overall (it seems), but since it's always the same bureau, it causes problems when - for example - ONE of the other bureaus doesn't post right. Had chase posted to all 3 to begin with, there'd be no problem for the purchaser, the company, or the seller since 2 or 3 is the basic rule for "successful transaction".... However, this third bureau is also one which people in a couple of very specific states rely on because most auto agencies particular states use that bureau for finance scoring.

Seems to be no solid answer.

As secondcor521 said, he seemingly never has problems with chase. Others (me included) have had multiple issues with chase over the years... One of which (knock on wood) has not been an account closure yet.

There are so many factors that could come in to play I've given up seeking answers. I just continue dealing with their crap as it comes and remain prepared for total failure of all my chase cards on any given day.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 12, 2024, 03:13:43 PM
Has anyone had non-posting issues with Chase cards recently?

Padonak,
Yes!!!  I posted a similar question here on p.124 here. 
Basically things have been going great for both of my Chase cards... I've been selling AU's on them both for 5 years.  44 spots sold on one, and 45 on the other.
One card is 14 years old, the other is 18, so both pretty good commissions.

Regarding posting, both have been very consistent for the 5 years... up until around July/August last year, when one of my Chase cards had 2 or 3 non-postings in a row!!!!!  (no issues with my other Chase card).
My instinct told hey, maybe the seller is ripping me off suddenly and is making it up and keeping my commission!  haha 
So, for fun, and to test it out, a few months ago I added my 25 yr old son to the card and I did receive his AU card, but he did not post either!!!!!
Something going on with that Chase card.

I think I am going to send an SM to Chase and ask "Is something wrong with my card, I added my son to help him out, and it did not post, can you fix it???"

@morris08 - If it's not too invasive and if you don't mind sharing, you're saying it's a specific card of Chase's causing you problems. Mind mentioning which? I didn't even think to look if it was only the specific card I have, or various cards that had been problematic...

(Just when I mentioned above I'm done seeking answers, you made a lightbulb pop on in my head, lol).

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 12, 2024, 03:34:06 PM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much

found it, "other company" is gfsgroup.org. I tried to sign up because I have a couple of cards no one wants and another two I want to move but their link to sign up as a seller is broken. Not a good sign so I will keep looking

@kindoflost Why exactly does "no one want" the couple of cards you mentioned? Are they the banks/cards that are known to be problematic or the cards that nobody accepts? Also are you sure the link was broken? I tend to think it was more likely a glitch with a server connection or possibly even your ISP... Did you receive an error page?

I think this is why the referral to new/old and good/bad company are used here so people don't post negative remarks without being sure or honest about the underlying issue. I've been selling solely with that company for a while now and my experience is nothing but excellent. My first post on this forum was to question someone who claimed they were not paid by the company after repeated requests, which turned out to be a mere week - but that user conveniently forgot to mention that they had already received an answer and was not paid because they removed the AU in the middle of the purchase period (contrary to the agreement).

Interestingly enough, that same seller went back to that company to be a seller again. Never did answer me when I asked to help them resolve their payment issue since I knew something was not correct/right about that. I offered to speak to the owner on their behalf and help, because I've built up a pretty solid relationship with them in a few short years because I have a lot of old, high-limit cards.


It seems they have fixed their get started link.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on February 12, 2024, 04:53:15 PM
@WayDownSouth

Sure, it was my Chase Marriott card.  The other Chase (United Airlines) still seems to be working fine.

Just some more info on my son not posting on the Marriott...  We only checked his Credit Karma (which is Transunion & Equifax) and we didn't see the Marriott there.  Didn't look at his actual "official" credit bureau reports.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 12, 2024, 05:11:34 PM
@WayDownSouth

Sure, it was my Chase Marriott card.  The other Chase (United Airlines) still seems to be working fine.

Just some more info on my son not posting on the Marriott...  We only checked his Credit Karma (which is Transunion & Equifax) and we didn't see the Marriott there.  Didn't look at his actual "official" credit bureau reports.

I don't have a Chase Marriot card... Regardless, this tells us that the problem is not limited to a singular card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 12, 2024, 05:26:37 PM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much

found it, "other company" is gfsgroup.org. I tried to sign up because I have a couple of cards no one wants and another two I want to move but their link to sign up as a seller is broken. Not a good sign so I will keep looking

@kindoflost Why exactly does "no one want" the couple of cards you mentioned? Are they the banks/cards that are known to be problematic or the cards that nobody accepts? Also are you sure the link was broken? I tend to think it was more likely a glitch with a server connection or possibly even your ISP... Did you receive an error page?

I think this is why the referral to new/old and good/bad company are used here so people don't post negative remarks without being sure or honest about the underlying issue. I've been selling solely with that company for a while now and my experience is nothing but excellent. My first post on this forum was to question someone who claimed they were not paid by the company after repeated requests, which turned out to be a mere week - but that user conveniently forgot to mention that they had already received an answer and was not paid because they removed the AU in the middle of the purchase period (contrary to the agreement).

Interestingly enough, that same seller went back to that company to be a seller again. Never did answer me when I asked to help them resolve their payment issue since I knew something was not correct/right about that. I offered to speak to the owner on their behalf and help, because I've built up a pretty solid relationship with them in a few short years because I have a lot of old, high-limit cards.


It seems they have fixed their get started link.

Did you see it not working? If so, @kindoflost must have been correct.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 12, 2024, 06:13:25 PM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much

found it, "other company" is gfsgroup.org. I tried to sign up because I have a couple of cards no one wants and another two I want to move but their link to sign up as a seller is broken. Not a good sign so I will keep looking

@kindoflost Why exactly does "no one want" the couple of cards you mentioned? Are they the banks/cards that are known to be problematic or the cards that nobody accepts? Also are you sure the link was broken? I tend to think it was more likely a glitch with a server connection or possibly even your ISP... Did you receive an error page?

I think this is why the referral to new/old and good/bad company are used here so people don't post negative remarks without being sure or honest about the underlying issue. I've been selling solely with that company for a while now and my experience is nothing but excellent. My first post on this forum was to question someone who claimed they were not paid by the company after repeated requests, which turned out to be a mere week - but that user conveniently forgot to mention that they had already received an answer and was not paid because they removed the AU in the middle of the purchase period (contrary to the agreement).

Interestingly enough, that same seller went back to that company to be a seller again. Never did answer me when I asked to help them resolve their payment issue since I knew something was not correct/right about that. I offered to speak to the owner on their behalf and help, because I've built up a pretty solid relationship with them in a few short years because I have a lot of old, high-limit cards.


It seems they have fixed their get started link.

Did you see it not working? If so, @kindoflost must have been correct.


Yes. It wasn't working when I read his comment.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on February 12, 2024, 06:25:48 PM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much

found it, "other company" is gfsgroup.org. I tried to sign up because I have a couple of cards no one wants and another two I want to move but their link to sign up as a seller is broken. Not a good sign so I will keep looking

@kindoflost Why exactly does "no one want" the couple of cards you mentioned? Are they the banks/cards that are known to be problematic or the cards that nobody accepts? Also are you sure the link was broken? I tend to think it was more likely a glitch with a server connection or possibly even your ISP... Did you receive an error page?

I think this is why the referral to new/old and good/bad company are used here so people don't post negative remarks without being sure or honest about the underlying issue. I've been selling solely with that company for a while now and my experience is nothing but excellent. My first post on this forum was to question someone who claimed they were not paid by the company after repeated requests, which turned out to be a mere week - but that user conveniently forgot to mention that they had already received an answer and was not paid because they removed the AU in the middle of the purchase period (contrary to the agreement).

Interestingly enough, that same seller went back to that company to be a seller again. Never did answer me when I asked to help them resolve their payment issue since I knew something was not correct/right about that. I offered to speak to the owner on their behalf and help, because I've built up a pretty solid relationship with them in a few short years because I have a lot of old, high-limit cards.

I have two Wells Fargo cards I want to allocate. I got an error on the survey that I was supposed to fill. It may have been my ISP so my fault, my apologies to "other company".
I am sure we are not using names for different reason.
Oh and I was sure and being honest.
Regards
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 12, 2024, 06:35:44 PM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much

found it, "other company" is gfsgroup.org. I tried to sign up because I have a couple of cards no one wants and another two I want to move but their link to sign up as a seller is broken. Not a good sign so I will keep looking

@kindoflost Why exactly does "no one want" the couple of cards you mentioned? Are they the banks/cards that are known to be problematic or the cards that nobody accepts? Also are you sure the link was broken? I tend to think it was more likely a glitch with a server connection or possibly even your ISP... Did you receive an error page?

I think this is why the referral to new/old and good/bad company are used here so people don't post negative remarks without being sure or honest about the underlying issue. I've been selling solely with that company for a while now and my experience is nothing but excellent. My first post on this forum was to question someone who claimed they were not paid by the company after repeated requests, which turned out to be a mere week - but that user conveniently forgot to mention that they had already received an answer and was not paid because they removed the AU in the middle of the purchase period (contrary to the agreement).

Interestingly enough, that same seller went back to that company to be a seller again. Never did answer me when I asked to help them resolve their payment issue since I knew something was not correct/right about that. I offered to speak to the owner on their behalf and help, because I've built up a pretty solid relationship with them in a few short years because I have a lot of old, high-limit cards.


It seems they have fixed their get started link.

Did you see it not working? If so, @kindoflost must have been correct.


Yes. It wasn't working when I read his comment.

@kindoflost it seems TJ can confirm it was actually broke when you tried adding your cards. I initially thought maybe you didn't know what you were doing or something (no insult intended).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 12, 2024, 06:50:30 PM
hey,
what was/is the "other company" you are now/again talking about?
With all the "new company" "old company" and now "other company" I don't know what is what anymore.
if it is against the thread rules to post the name, I would appreciate a message.
thank you very much

found it, "other company" is gfsgroup.org. I tried to sign up because I have a couple of cards no one wants and another two I want to move but their link to sign up as a seller is broken. Not a good sign so I will keep looking

@kindoflost Why exactly does "no one want" the couple of cards you mentioned? Are they the banks/cards that are known to be problematic or the cards that nobody accepts? Also are you sure the link was broken? I tend to think it was more likely a glitch with a server connection or possibly even your ISP... Did you receive an error page?

I think this is why the referral to new/old and good/bad company are used here so people don't post negative remarks without being sure or honest about the underlying issue. I've been selling solely with that company for a while now and my experience is nothing but excellent. My first post on this forum was to question someone who claimed they were not paid by the company after repeated requests, which turned out to be a mere week - but that user conveniently forgot to mention that they had already received an answer and was not paid because they removed the AU in the middle of the purchase period (contrary to the agreement).

Interestingly enough, that same seller went back to that company to be a seller again. Never did answer me when I asked to help them resolve their payment issue since I knew something was not correct/right about that. I offered to speak to the owner on their behalf and help, because I've built up a pretty solid relationship with them in a few short years because I have a lot of old, high-limit cards.

I have two Wells Fargo cards I want to allocate. I got an error on the survey that I was supposed to fill. It may have been my ISP so my fault, my apologies to "other company".
I am sure we are not using names for different reason.
Oh and I was sure and being honest.
Regards

I don't think any of the respectable companies accept Wells Fargo anymore. You might have a tough time with them but there definitely are some people offering them for sale.

It wasn't your fault - it was an error on their website... @tj confirmed he saw it too above.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: EliteZags on February 13, 2024, 01:00:56 AM
anyone worked with a company that accepts Synchrony before?
Considering opening a Paypal card for the 3% on Paypal purchases (plus GPay) but prefer to only open potential future TL cards at this pt

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 13, 2024, 01:15:14 PM
anyone worked with a company that accepts Synchrony before?
Considering opening a Paypal card for the 3% on Paypal purchases (plus GPay) but prefer to only open potential future TL cards at this pt

Good company accepts Synchrony but it may only be the "care credit" credit card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on February 13, 2024, 06:28:57 PM
How often do you guys transition between different companies? And what's the best way to do it? One of the companies I'm working with recently told me they had to lower their quoted amount (where they were beating other companies before) and now I'm having second thoughts about staying with them. They are also pretty slow with responding to inquiries and paying on time, so I'm leaning towards just leaving them and going with the company who is more consistent in their responses and communications. At the same time, it seems like a hassle to 'start from square one' - they seemed to have perked up when I told them I have another company offering me more for the same tradeline sales and offered to match them but then asked me if I could sell another tradeline for slightly less than the other company. I initially told them that if they can consistently fill the spots, then sure I'm OK with that and then they asked if I have any other cards. At this point, I'm not thrilled about the dialogue...

In the case that I do decide that I want to switch, should I just tell them that "effective immediately, please stop listing my tradelines and please pay out once the terms on the existing orders are fulfilled"? Or should I wait until there's a lapse and then tell them I'm not longer with them? Do I need to wait to do all this before I officially sign up with the other company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on February 13, 2024, 06:48:28 PM
I would just tell them to stop listing it but keep the AUs currently on the card until their period is over.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on February 13, 2024, 07:10:15 PM
How often do you guys transition between different companies? And what's the best way to do it? One of the companies I'm working with recently told me they had to lower their quoted amount (where they were beating other companies before) and now I'm having second thoughts about staying with them. They are also pretty slow with responding to inquiries and paying on time, so I'm leaning towards just leaving them and going with the company who is more consistent in their responses and communications. At the same time, it seems like a hassle to 'start from square one' - they seemed to have perked up when I told them I have another company offering me more for the same tradeline sales and offered to match them but then asked me if I could sell another tradeline for slightly less than the other company. I initially told them that if they can consistently fill the spots, then sure I'm OK with that and then they asked if I have any other cards. At this point, I'm not thrilled about the dialogue...

In the case that I do decide that I want to switch, should I just tell them that "effective immediately, please stop listing my tradelines and please pay out once the terms on the existing orders are fulfilled"? Or should I wait until there's a lapse and then tell them I'm not longer with them? Do I need to wait to do all this before I officially sign up with the other company?

Finally giving up on "New company" aka "Bad company"? 😅
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on February 13, 2024, 07:43:00 PM
I would just tell them to stop listing it but keep the AUs currently on the card until their period is over.

My only concern at this point, after thinking about it, is if they decide to give me the shaft and refuse to pay out for the remaining AUs... I mean, what's to stop them from acting dishonestly in that sense?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on February 13, 2024, 07:44:39 PM
How often do you guys transition between different companies? And what's the best way to do it? One of the companies I'm working with recently told me they had to lower their quoted amount (where they were beating other companies before) and now I'm having second thoughts about staying with them. They are also pretty slow with responding to inquiries and paying on time, so I'm leaning towards just leaving them and going with the company who is more consistent in their responses and communications. At the same time, it seems like a hassle to 'start from square one' - they seemed to have perked up when I told them I have another company offering me more for the same tradeline sales and offered to match them but then asked me if I could sell another tradeline for slightly less than the other company. I initially told them that if they can consistently fill the spots, then sure I'm OK with that and then they asked if I have any other cards. At this point, I'm not thrilled about the dialogue...

In the case that I do decide that I want to switch, should I just tell them that "effective immediately, please stop listing my tradelines and please pay out once the terms on the existing orders are fulfilled"? Or should I wait until there's a lapse and then tell them I'm not longer with them? Do I need to wait to do all this before I officially sign up with the other company?

Finally giving up on "New company" aka "Bad company"? 😅

Which "new company" are you talking about? A, b, c, d, e, f or g? Or is it one of the ones from h-z? 🤣
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 13, 2024, 10:24:06 PM
I would just tell them to stop listing it but keep the AUs currently on the card until their period is over.

My only concern at this point, after thinking about it, is if they decide to give me the shaft and refuse to pay out for the remaining AUs... I mean, what's to stop them from acting dishonestly in that sense?

At one point when they owed me somewhat less than average, I decided it was worth the risk of them stiffing me.

They did end up paying, but it took a fair amount of effort and time.

I just told Bad Company to lock all my slots, then I waited for all AUs to roll off, and as cards were completely clear of AUs I enrolled them with Good Company.  In my experience, Good Company paid slightly less, but it was worth it to me to avoid the payment angst and hassle.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: almost on February 14, 2024, 02:41:13 PM
Or should I wait until there's a lapse and then tell them I'm not longer with them? Do I need to wait to do all this before I officially sign up with the other company?

I tell them to pause sales on my cards and then never tell them to put them up for sale again.  I feel better about that in case the new company I've picked doesn't work out and I need to move back. 

I allocate cards to the different companies once or twice a year depending upon payout, reliability of sales, and customer service.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on February 14, 2024, 03:08:43 PM
Or should I wait until there's a lapse and then tell them I'm not longer with them? Do I need to wait to do all this before I officially sign up with the other company?

I tell them to pause sales on my cards and then never tell them to put them up for sale again.  I feel better about that in case the new company I've picked doesn't work out and I need to move back. 

I allocate cards to the different companies once or twice a year depending upon payout, reliability of sales, and customer service.

How do you know what the "reliability of sales" is going to be like for a given company? Or how do you judge that (as well as customer service)? Are these companies you've already worked with or know that they're busier or can sell AUs better during certain times of the year or something? I'm just wondering how you know to decide on when to allocate/reallocate cards....
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: spacecadet610 on February 14, 2024, 06:46:31 PM
I just got my US bank credit card closed due to the credit line opening patterns.

Does anyone know how long I need to wait before opening a new US bank credit card? Wonder if i can get the sign up bonus again.

I was using the US bank Cash+ card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 14, 2024, 08:02:39 PM
I just got my US bank credit card closed due to the credit line opening patterns.

Does anyone know how long I need to wait before opening a new US bank credit card? Wonder if i can get the sign up bonus again.

I was using the US bank Cash+ card.

Having a card canceled doesn't make you ineligible for a SUB.  Lots of CCs do have limitations in terms of how frequently or how many times you can receive a SUB, and those rules would still apply.

How long to wait is up to you.  I had two USBank CCs closed for AU activity; I think I waited six months or so.

USBank might keep track of their own experience with you, aside from anything on your credit report.  They might choose to decline you on that basis.  But I was able to open two more USBank CCs after my previous two were closed, so you might succeed as well.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: almost on February 15, 2024, 07:40:29 AM
How do you know what the "reliability of sales" is going to be like for a given company? Or how do you judge that (as well as customer service)? Are these companies you've already worked with or know that they're busier or can sell AUs better during certain times of the year or something? I'm just wondering how you know to decide on when to allocate/reallocate cards....

By customer service I mean how easy they are to work with.  There are a few companies that seem to only send me last minute/rush sales or that refuse to answer emails/phone calls.  If their competitors make it easier to do business, then I'll move my cards to them, even if the payout is lower.

I don't know what reliability of sales will be like but whenever I sign up for a new company they promise 100% fulfillment on my whole portfolio.  Which never happens.  So I usually sign up with a few spots on a few cards.  If they really do sell, make it easy to do business, and pay on time, then I'll move more spots and cards to them after a couple pay checks.

The cards are always aging so it makes sense to re-bid them periodically.  I never close my account with any of the companies.  I just put my cards on hold to leave the door open. 

I've worked with 5 companies and have tried a new one out each year.  The worst one by far was call credit pro - the one that never pays on time. 

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on February 15, 2024, 09:47:20 AM
I hope you people using companies outside of the old and new company are doing a ton of research in advance.  Joe has done excellent work making sure that the 2 companies are legit and are doing adequate checks.  This avoids you adding an AU and 2 weeks later a fly-by-night company cancelling the AU because they were paid with a stolen credit card.

All of this tradeline stuff looks sketchy from the outside.  This morning, we had a business card taped to our door saying "Emergency, contact us immediately".  I believe it was a collector.  I called and gave them the case number on the card and they asked if a person lived here and I said no.  I told them that there's a "MY" street, lane and avenue in my town and same in 3 of the neighboring towns.  Chances are, it's an old AU.  I don't really pay that much attention. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on February 16, 2024, 11:17:02 AM
What's the current situation regarding AU cards being sent out by Barclay?

(1) Is there a checkbox to tell them not to send at all?

(2) If not: do they put the AU name on the mailer?

Thanks for any info. :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 16, 2024, 11:58:43 AM
What's the current situation regarding AU cards being sent out by Barclay?

(1) Is there a checkbox to tell them not to send at all?

(2) If not: do they put the AU name on the mailer?

Thanks for any info. :)

Yes, there's a checkbox to tell them to NOT send. Also, yes, the AU name is on the mailer - same as all banks (at least all banks I'm aware of).
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on February 16, 2024, 12:11:17 PM
What's the current situation regarding AU cards being sent out by Barclay?

(1) Is there a checkbox to tell them not to send at all?

(2) If not: do they put the AU name on the mailer?

Thanks for any info. :)

Yes, there's a checkbox to tell them to NOT send. Also, yes, the AU name is on the mailer - same as all banks (at least all banks I'm aware of).

Glad to hear it can be headed off entirely!

Thanks! :)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 16, 2024, 12:30:04 PM
What's the current situation regarding AU cards being sent out by Barclay?

(1) Is there a checkbox to tell them not to send at all?

(2) If not: do they put the AU name on the mailer?

Thanks for any info. :)

Yes, there's a checkbox to tell them to NOT send. Also, yes, the AU name is on the mailer - same as all banks (at least all banks I'm aware of).

Glad to hear it can be headed off entirely!

Thanks! :)

No problem. BTW the answer to (2) - I typed exactly what I thought you meant by "mailer" - meaning, the mailed card - will have the AU's name. I just now realized you were maybe asking about the actual "envelope" when referring to the "mailer"...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on February 16, 2024, 12:30:40 PM

Yes, there's a checkbox to tell them to NOT send. Also, yes, the AU name is on the mailer - same as all banks (at least all banks I'm aware of).
Citibank annoyingly does have the AUs name on it most of the time.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 16, 2024, 12:49:49 PM

Yes, there's a checkbox to tell them to NOT send. Also, yes, the AU name is on the mailer - same as all banks (at least all banks I'm aware of).
Citibank annoyingly does have the AUs name on it most of the time.

Isn't it nice to know that the institutions who manage all of our money and personal information basically operate with no permanent set of rules and constatly have errors or changes on the way things are executed depending which rep you ask, which bank you visit, or which position the moon is in? LOL..

You'd think they could be more consistent. They're very consistent and precise with any sort of fees or charges, that much I'm sure of!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on February 16, 2024, 01:06:04 PM

Yes, there's a checkbox to tell them to NOT send. Also, yes, the AU name is on the mailer - same as all banks (at least all banks I'm aware of).
Citibank annoyingly does have the AUs name on it most of the time.

Isn't it nice to know that the institutions who manage all of our money and personal information basically operate with no permanent set of rules and constatly have errors or changes on the way things are executed depending which rep you ask, which bank you visit, or which position the moon is in? LOL..

You'd think they could be more consistent. They're very consistent and precise with any sort of fees or charges, that much I'm sure of!

Yes the combination of having the AUs name on the envelope, and having the same credit card number as the account holder is not the best security protocol imo. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 16, 2024, 01:32:02 PM

Yes, there's a checkbox to tell them to NOT send. Also, yes, the AU name is on the mailer - same as all banks (at least all banks I'm aware of).
Citibank annoyingly does have the AUs name on it most of the time.

Isn't it nice to know that the institutions who manage all of our money and personal information basically operate with no permanent set of rules and constatly have errors or changes on the way things are executed depending which rep you ask, which bank you visit, or which position the moon is in? LOL..

You'd think they could be more consistent. They're very consistent and precise with any sort of fees or charges, that much I'm sure of!

Yes the combination of having the AUs name on the envelope, and having the same credit card number as the account holder is not the best security protocol imo.

Exactly but not all lenders do that. I've believe I've witnessed some lenders change how they handle it regarding the matching card numbers over time, as well as how they address the envelope. But I'm not sure if a single lender ever changed both processes at once, nor do I care. Either way it's sloppy practice on their part to issue matching card #'s.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Rusted Rose on February 16, 2024, 02:12:39 PM
What's the current situation regarding AU cards being sent out by Barclay?

(1) Is there a checkbox to tell them not to send at all?

(2) If not: do they put the AU name on the mailer?

Thanks for any info. :)

Yes, there's a checkbox to tell them to NOT send. Also, yes, the AU name is on the mailer - same as all banks (at least all banks I'm aware of).

Glad to hear it can be headed off entirely!

Thanks! :)

No problem. BTW the answer to (2) - I typed exactly what I thought you meant by "mailer" - meaning, the mailed card - will have the AU's name. I just now realized you were maybe asking about the actual "envelope" when referring to the "mailer"...

Yes, I meant the envelope, or whatever mailing contraption would convey the dreaded plastic-based item.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 17, 2024, 06:03:34 AM
I woke up this morning to an email from CapitalOne that someone changed my address and phone number on my account.  I logged in and sure enough, it was true, plus they also added an email and phone number. I Googled the mailing address and it does not even appear to exist. I use this card for "Old Company" and it does not look like one of the AUs I added. I checked the password and sure enough, it was one that was compromised in a data breech last year and I never updated it! Anyway, got things straightened out with CapOne and they are sending a new card.

Updating to say someone got in there and changed the address, phone number, and email address back to the fraudulent one. I got in and switched it back to my own, but how does this happen a second time in one day, especially after I changed the password?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 18, 2024, 02:55:37 PM
I woke up this morning to an email from CapitalOne that someone changed my address and phone number on my account.  I logged in and sure enough, it was true, plus they also added an email and phone number. I Googled the mailing address and it does not even appear to exist. I use this card for "Old Company" and it does not look like one of the AUs I added. I checked the password and sure enough, it was one that was compromised in a data breech last year and I never updated it! Anyway, got things straightened out with CapOne and they are sending a new card.

Updating to say someone got in there and changed the address, phone number, and email address back to the fraudulent one. I got in and switched it back to my own, but how does this happen a second time in one day, especially after I changed the password?

The second change is worrisome for sure!  Did you talk to their fraud or security team again?  If not, you might consider it.

I am not too familiar with CapOne credit cards, but perhaps they allow multiple logins.  Maybe the fraudster made a login for himself.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 18, 2024, 08:41:59 PM
I woke up this morning to an email from CapitalOne that someone changed my address and phone number on my account.  I logged in and sure enough, it was true, plus they also added an email and phone number. I Googled the mailing address and it does not even appear to exist. I use this card for "Old Company" and it does not look like one of the AUs I added. I checked the password and sure enough, it was one that was compromised in a data breech last year and I never updated it! Anyway, got things straightened out with CapOne and they are sending a new card.

Updating to say someone got in there and changed the address, phone number, and email address back to the fraudulent one. I got in and switched it back to my own, but how does this happen a second time in one day, especially after I changed the password?

The second change is worrisome for sure!  Did you talk to their fraud or security team again?  If not, you might consider it.

I am not too familiar with CapOne credit cards, but perhaps they allow multiple logins.  Maybe the fraudster made a login for himself.

It wasn’t an AU card so I don’t see how someone would be able to make a second log-in. I’m thinking it was a hacker or some kind of inside job. Since I don’t use this card, I locked it and set up every alert possible. I also changed the user name this time as well. I didn’t call CapOne a second time because they were not that helpful the first time. Hopefully this is the end of it!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 18, 2024, 10:06:15 PM
As a general rule, before I enroll any card for piggybacking, I'll turn on all the alerts and notifications and limits I can.  I've never had an AU + fraud related issue yet, but I figure it can't hurt and might help.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 19, 2024, 01:04:52 PM
As a general rule, before I enroll any card for piggybacking, I'll turn on all the alerts and notifications and limits I can.  I've never had an AU + fraud related issue yet, but I figure it can't hurt and might help.

I second that. I also use two-step verification on all accounts, and a recovery email account with very complex passwords which I only use as recovery accounts for banking - not any other types of accounts/subscriptions/services, etc.... The recovery email account is NOT connected to my banking as a recovery account, only to the primary email which I use solely for banking. As much of a hassle as it is to enter a code every single time I enter a banking app I've never had a genuine fraud problem.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 19, 2024, 02:02:43 PM
As a general rule, before I enroll any card for piggybacking, I'll turn on all the alerts and notifications and limits I can.  I've never had an AU + fraud related issue yet, but I figure it can't hurt and might help.

I second that. I also use two-step verification on all accounts, and a recovery email account with very complex passwords which I only use as recovery accounts for banking - not any other types of accounts/subscriptions/services, etc.... The recovery email account is NOT connected to my banking as a recovery account, only to the primary email which I use solely for banking. As much of a hassle as it is to enter a code every single time I enter a banking app I've never had a genuine fraud problem.

Great tactics here! Thanks! This is unbelievable but this guy got in and changed my address, phone number, and email address for a 3rd time and requested a card to be sent! I called CapitalOne's fraud department and asked how this could possibly happen for a 3rd time and they think he has enough information about me to bypass the standard log-in to the account. I was able to place a lock on the online access to the account which cannot be unlocked unless I call and go through verifications. They also suggested I place a fraud alert on my credit report. If I place a fraud alert, will it have any effect on AUs being added or posted?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: katsiki on February 19, 2024, 03:17:48 PM
@frozen  If I were you, I would do the fraud alerts.  I don't think that will impact your AU's, but I hope someone else can confirm.

I recently had fraud (unrelated to piggybacking).  I was surprised to learn that someone can apply for a credit with only your last 4 digits of the SSN!  The rep at the bank was able to tell me what data of mine they had and used to apply, which was also helpful.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 19, 2024, 04:01:55 PM
@frozen  If I were you, I would do the fraud alerts.  I don't think that will impact your AU's, but I hope someone else can confirm.

I recently had fraud (unrelated to piggybacking).  I was surprised to learn that someone can apply for a credit with only your last 4 digits of the SSN!  The rep at the bank was able to tell me what data of mine they had and used to apply, which was also helpful.

Sorry to hear about your fraud situation.
I heard back from one of the tradeline companies that placing a fraud alert will have no impact on AU postings so I went ahead and did it.

The CapitalOne rep told me that someone can log into the account with different credentials and bypass the user name and password. The rep also sald that someone submitted an ID to them today, which was a Drivers License or state ID.

Then I read this article that the credit card company with the worst customer service is acquiring the credit card company with the best customer service: https://www.cnbc.com/2024/02/19/capital-one-acquiring-discover-financial-services-report-says.html
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 19, 2024, 04:18:17 PM
@frozen

The CapitalOne rep told me that someone can log into the account with different credentials and bypass the user name and password. The rep also sald that someone submitted an ID to them today, which was a Drivers License or state ID.


This is the most ridiculous thing I thing I've read regarding bad banking in a long time. Let me get this right:

Someone can login to my account using "different credentials"? If they know this, why in the F@CK is it still possible? It's so ridiculous I want to laugh my ass off, but it's not even funny. And also, I am literally not surprised because literally nothing surprises me anymore. Basically they're telling you

"well, your username and password are required for you to login to your account and access your money....... but, they're only for you.... and, they're completely useless in protecting your account. We're well aware of this. Is there anything else we can assist you with today?"

Absolutely unreal.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: frozen on February 19, 2024, 08:41:04 PM
@frozen

The CapitalOne rep told me that someone can log into the account with different credentials and bypass the user name and password. The rep also sald that someone submitted an ID to them today, which was a Drivers License or state ID.


This is the most ridiculous thing I thing I've read regarding bad banking in a long time. Let me get this right:

Someone can login to my account using "different credentials"? If they know this, why in the F@CK is it still possible? It's so ridiculous I want to laugh my ass off, but it's not even funny. And also, I am literally not surprised because literally nothing surprises me anymore. Basically they're telling you

"well, your username and password are required for you to login to your account and access your money....... but, they're only for you.... and, they're completely useless in protecting your account. We're well aware of this. Is there anything else we can assist you with today?"

Absolutely unreal.

Exactly!
I have online access turned off but it looked like you could log into CapOne with just a social security number, last name and birthdate. (anything an identity thief would have.) Can anyone else confirm?
Is there any other bank besides CapitalOne that allows this alternative log-in? And now Capital One is going to acquire Discover and ruin their security and customer service too!
I’m ready to cancel CapitalOne over this. I have not experienced this issue with any other credit card company.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 20, 2024, 12:47:14 PM
As a general rule, before I enroll any card for piggybacking, I'll turn on all the alerts and notifications and limits I can.  I've never had an AU + fraud related issue yet, but I figure it can't hurt and might help.

I second that. I also use two-step verification on all accounts, and a recovery email account with very complex passwords which I only use as recovery accounts for banking - not any other types of accounts/subscriptions/services, etc.... The recovery email account is NOT connected to my banking as a recovery account, only to the primary email which I use solely for banking. As much of a hassle as it is to enter a code every single time I enter a banking app I've never had a genuine fraud problem.

Great tactics here! Thanks! This is unbelievable but this guy got in and changed my address, phone number, and email address for a 3rd time and requested a card to be sent! I called CapitalOne's fraud department and asked how this could possibly happen for a 3rd time and they think he has enough information about me to bypass the standard log-in to the account. I was able to place a lock on the online access to the account which cannot be unlocked unless I call and go through verifications. They also suggested I place a fraud alert on my credit report. If I place a fraud alert, will it have any effect on AUs being added or posted?

Thanks.. Just to clarify, in case I can make it easier to understand:

- I use only one email for all my bank accounts. This email is used for nothing else, ever. Also, 2-factor authentication is enabled here.
- That email mentioned above (which I use for banking only), has a recovery email (in case I lose access to the previous account) which is used for absolutely nothing else than a recovery email - it's not connected in any way to my banking or bank accounts. It uses 2-factor authentication.

By doing those two things, and by setting the two-factor to your phone, you can be pretty secure. Keep the logins for both accounts (and all bank accounts) on paper somewhere. Back up your phone to the cloud - this way, IF, for some reason you lose your phone, you can remotely wipe it (be sure to have that configuration setup & ready too) and still get access your accounts safely from another device.

Do NOT save your banking logins in your phone, or in your laptop/desktop. Instead, use fingerprint/facial recognition for them on mobile and enter them manually if you do it by laptop/desktop. Yes, it's a pain in the ass as I said, but you drastically decreased the chances of being hacked AND if you lose your phone, there is a lot less potential that you'll need to close accounts, which will affect your active tradelines when you have to cancel them because all your accounts were hacked and you require new cards & card numbers, etc...

Even without tradelines, it's something that everyone should practice. Nobody wants their $ messed with, and in the age of technology and scamming it's just too risky to not have these things in place. Even if you're extremely careful, without these measures in place you greatly increase your risk of a problem at some point or another.

It's a hassle when you're in a rush to constantly do 2-factor, but the extra time it takes offers a lot of peace of mind.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 20, 2024, 07:32:41 PM
Yes, it's a pain in the ass as I said, but you drastically decreased the chances of being hacked AND if you lose your phone, there is a lot less potential that you'll need to close accounts, which will affect your active tradelines when you have to cancel them because all your accounts were hacked and you require new cards & card numbers, etc...

I have had one occasion to request a new card and account number with active AUs on it.  I don't recall the reason; it may have been because a card got lost in the mail and the CC company offered it.

I received a new card for myself with a new number, and also new AU cards as well.  Cards posted, got paid, no issues.

It's possible in some scenarios that a problem might occur around fraud and AUs, but it's not guaranteed.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 21, 2024, 09:16:21 AM
Question: if i product change a Chase card that i'm using for TLs (e.g. freedom to sapphire), will everything else stay the same? E.g. existing AUs, credit limit, credit age etc? Or is it better not to change those cards?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 21, 2024, 09:30:11 AM
Question: if i product change a Chase card that i'm using for TLs (e.g. freedom to sapphire), will everything else stay the same? E.g. existing AUs, credit limit, credit age etc? Or is it better not to change those cards?

I know for a fact that the credit limit and age stay the same.  I assume the AUs stay on through a product change but am not 100% certain.  I would assume that you would get the new card and the CC company would also send new AU cards as well.

I would feel perfectly comfortable doing a product change with AUs on a card.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 21, 2024, 11:29:19 AM
Yes, it's a pain in the ass as I said, but you drastically decreased the chances of being hacked AND if you lose your phone, there is a lot less potential that you'll need to close accounts, which will affect your active tradelines when you have to cancel them because all your accounts were hacked and you require new cards & card numbers, etc...

I have had one occasion to request a new card and account number with active AUs on it.  I don't recall the reason; it may have been because a card got lost in the mail and the CC company offered it.

I received a new card for myself with a new number, and also new AU cards as well.  Cards posted, got paid, no issues.

It's possible in some scenarios that a problem might occur around fraud and AUs, but it's not guaranteed.

You got lucky! Or, your bank had a process already in place that wouldn't cause the problems I'm concerned about. That's how all banks should work.

I agree with you (and obviously since you had that first hand experience) that it's not guaranteed but IMO better safe than sorry. Someone could go 20 years with no security in place and have zero issues.. I'm actually surprised that situation worked out for you so smoothly without affecting anything, which bank was it?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on February 21, 2024, 02:54:43 PM
Yes, it's a pain in the ass as I said, but you drastically decreased the chances of being hacked AND if you lose your phone, there is a lot less potential that you'll need to close accounts, which will affect your active tradelines when you have to cancel them because all your accounts were hacked and you require new cards & card numbers, etc...

I have had one occasion to request a new card and account number with active AUs on it.  I don't recall the reason; it may have been because a card got lost in the mail and the CC company offered it.

I received a new card for myself with a new number, and also new AU cards as well.  Cards posted, got paid, no issues.

It's possible in some scenarios that a problem might occur around fraud and AUs, but it's not guaranteed.

You got lucky! Or, your bank had a process already in place that wouldn't cause the problems I'm concerned about. That's how all banks should work.

I agree with you (and obviously since you had that first hand experience) that it's not guaranteed but IMO better safe than sorry. Someone could go 20 years with no security in place and have zero issues.. I'm actually surprised that situation worked out for you so smoothly without affecting anything, which bank was it?

I don't recall offhand.  It was one of the major ones and I recall having AUs on it.  So it would have been one of Capital One, Citi, or Chase.

I understand there is a concern about fraud and identity theft in general and that can be heightened with AUs.  I think it's also possible to go overboard the other way and waste time and energy trying to do everything to prevent any possible risk.  I think there's some amount of reasonable effort people should expend.  I've done that for myself.  And everyone gets to decide where their risk/reward tradeoff lies for them.  But I don't think it's ever possible to drive the risk to zero.

I also think that the Capital One representative saying there was another way into an account was probably somewhat unclear and the ensuing conversation discussing it here vastly overstates the risk.  I was able to confirm that there is a username recovery feature at Capital One which does require last name, full SSN, and birthday.  If you provide that information accurately, it tells you your username and gives you a chance to reset your password - but doing that requires either the CVV on the card or 2FA.  This is not an alternate login path; it's a normal username/password recovery process that exists at pretty much every financial institution I've ever dealt with.

If all of that info of mine got out there and I were concerned about the security of my Capital One CC account, I'd just call and talk with the fraud department.  It'd be a hassle, but I wouldn't be responsible for any charges and none of the fraudulent charges would impact my credit history or score.

I have heard all of the stories about people's credit history being ruined, or identity thieves stealing their house title, or whatever.  It probably does happen.  But I think the identity and mortgage theft companies dramatize and play up the risk.  It hasn't happened to any serious degree to me, my family members, or anyone I know.

But again, if a person is too concerned, then maybe piggybacking in general is not a good fit for them.  And again, everyone gets to decide for themselves on the risk/reward tradeoff.

ETA:  I also got an email confirming my username activity at Capital One within a few minutes of me playing around with it, with the usual verbiage of "This happened, if it's not you please call us immediately, here's our fraud number."
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on February 21, 2024, 09:56:56 PM
Yes, it's a pain in the ass as I said, but you drastically decreased the chances of being hacked AND if you lose your phone, there is a lot less potential that you'll need to close accounts, which will affect your active tradelines when you have to cancel them because all your accounts were hacked and you require new cards & card numbers, etc...

I have had one occasion to request a new card and account number with active AUs on it.  I don't recall the reason; it may have been because a card got lost in the mail and the CC company offered it.

I received a new card for myself with a new number, and also new AU cards as well.  Cards posted, got paid, no issues.

It's possible in some scenarios that a problem might occur around fraud and AUs, but it's not guaranteed.

You got lucky! Or, your bank had a process already in place that wouldn't cause the problems I'm concerned about. That's how all banks should work.

I agree with you (and obviously since you had that first hand experience) that it's not guaranteed but IMO better safe than sorry. Someone could go 20 years with no security in place and have zero issues.. I'm actually surprised that situation worked out for you so smoothly without affecting anything, which bank was it?

I don't recall offhand.  It was one of the major ones and I recall having AUs on it.  So it would have been one of Capital One, Citi, or Chase.

I understand there is a concern about fraud and identity theft in general and that can be heightened with AUs.  I think it's also possible to go overboard the other way and waste time and energy trying to do everything to prevent any possible risk.  I think there's some amount of reasonable effort people should expend.  I've done that for myself.  And everyone gets to decide where their risk/reward tradeoff lies for them.  But I don't think it's ever possible to drive the risk to zero.

I also think that the Capital One representative saying there was another way into an account was probably somewhat unclear and the ensuing conversation discussing it here vastly overstates the risk.  I was able to confirm that there is a username recovery feature at Capital One which does require last name, full SSN, and birthday.  If you provide that information accurately, it tells you your username and gives you a chance to reset your password - but doing that requires either the CVV on the card or 2FA.  This is not an alternate login path; it's a normal username/password recovery process that exists at pretty much every financial institution I've ever dealt with.

If all of that info of mine got out there and I were concerned about the security of my Capital One CC account, I'd just call and talk with the fraud department.  It'd be a hassle, but I wouldn't be responsible for any charges and none of the fraudulent charges would impact my credit history or score.

I have heard all of the stories about people's credit history being ruined, or identity thieves stealing their house title, or whatever.  It probably does happen.  But I think the identity and mortgage theft companies dramatize and play up the risk.  It hasn't happened to any serious degree to me, my family members, or anyone I know.

But again, if a person is too concerned, then maybe piggybacking in general is not a good fit for them.  And again, everyone gets to decide for themselves on the risk/reward tradeoff.

ETA:  I also got an email confirming my username activity at Capital One within a few minutes of me playing around with it, with the usual verbiage of "This happened, if it's not you please call us immediately, here's our fraud number."

I go a little overboard but I've been doing it for 10 years as tight as possible because I'm almost never "home".. I basically live in Mexico and getting hacked could screw my income and require me to fly to the US to deal with it and retrieve new cards. I don't think I'm OCD about it or anything but for some people it might be way too much. I can see my important balances and movements via text so I really don't NEED to login unless doing tradelines or sending a wire anyway.

Lifelock and those kinds of companies make big bucks on fear. I'm not really scared, I just do the stuff because I know I don't have the patience to deal with the result of someone getting ahold of all my info.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on February 28, 2024, 02:06:42 PM
Has anyone tried adding AUs online with major CC companies on their cell phone (not on the computer)? I'm going on vacation for a couple of weeks and considering leaving my laptop at home and just bringing my cell phone. I know I can always call to add an AU but I wonder if it's possible to do through the banking apps and/or mobile websites.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on February 28, 2024, 04:28:30 PM
I can add all my cards on my phone, and almost always do other than Wells Fargo. You can add Wells Fargo on a phone, but it is very convoluted and apita, so I will add those on the computer unless I don’t have a choice.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on March 01, 2024, 05:52:28 PM
Has anyone had any trouble today or recently adding Barclays AUs?

I'm getting this on the website:
Your request cannot be completed online at this time.We apologize for any inconvenience.

To process your request, please contact Customer Service at 1-866-383-8192.


I'm on the phone now and the first rep I spoke with was unable to process the request to add an AU and I've been transferred twice now...
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on March 01, 2024, 06:36:51 PM
How many AUs have you had on that card?  A similar message happens when you have reached the AU limit.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 01, 2024, 06:48:38 PM
I added a Barclays au yesterday, didn't have any problems

Sent from my Pixel 8 using Tapatalk

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 01, 2024, 06:51:26 PM
Yah, Barclays has funny behavior when you hit the limit of AUs.  I've got multiple Barclays cards and can remember I add an AU.  All working, shows up.  Come back the next day and they're gone.  Or the message as above that they can't add at this time and a rep might be able to add but might not. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 01, 2024, 07:18:44 PM
Has anyone had any trouble today or recently adding Barclays AUs?

I'm getting this on the website:
Your request cannot be completed online at this time.We apologize for any inconvenience.

To process your request, please contact Customer Service at 1-866-383-8192.


I'm on the phone now and the first rep I spoke with was unable to process the request to add an AU and I've been transferred twice now...

As others have said, sounds like you hit the lifetime limit, which is between 35 and 40.

They won't be able to add any more AUs to that card.

Best thing to do IMHO is to apply for a new Barclays card, shift all the CL from the old Barclays to the new Barclays, then wait 2 years for it to season.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 01, 2024, 08:14:27 PM
Has anyone had any trouble today or recently adding Barclays AUs?

I'm getting this on the website:
Your request cannot be completed online at this time.We apologize for any inconvenience.

To process your request, please contact Customer Service at 1-866-383-8192.


I'm on the phone now and the first rep I spoke with was unable to process the request to add an AU and I've been transferred twice now...

As others have said, sounds like you hit the lifetime limit, which is between 35 and 40.

They won't be able to add any more AUs to that card.

Best thing to do IMHO is to apply for a new Barclays card, shift all the CL from the old Barclays to the new Barclays, then wait 2 years for it to season.

Weren't their some issues with Barclays not guaranteed to post if you submitted online?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 02, 2024, 02:42:27 PM
Planning for the future, it seems like the AARP cards have decent sign up bonuses. Does Barclays consolidate two applications in one day on one pull?

What happens if you leave AARP, do they convert the cards to some other no fee Barclay card?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 02, 2024, 03:19:26 PM

Having a card canceled doesn't make you ineligible for a SUB.  Lots of CCs do have limitations in terms of how frequently or how many times you can receive a SUB, and those rules would still apply.

How long to wait is up to you.  I had two USBank CCs closed for AU activity; I think I waited six months or so.

USBank might keep track of their own experience with you, aside from anything on your credit report.  They might choose to decline you on that basis.  But I was able to open two more USBank CCs after my previous two were closed, so you might succeed as well.

Do you know if USbank shuts down all your cards with them for AU activity (even those that you don't use for TLs) or just the cards you use?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Car Jack on March 02, 2024, 03:20:30 PM
I think I have 3 different AARP cards.  Besides 15 years ago and 1 year ago, I've never been an AARP member and none of my credit cards with an AARP label were ever affected.  I believe I have an AMEX, a Master Card and a Visa that have various banks with AARP labels.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 02, 2024, 09:33:49 PM
Planning for the future, it seems like the AARP cards have decent sign up bonuses. Does Barclays consolidate two applications in one day on one pull?

What happens if you leave AARP, do they convert the cards to some other no fee Barclay card?

I have the Barclays AARP card (got it for the SUB and aging to replace my existing lifetimed Barclays card).

I'm not a member of AARP, so it seems you don't need to be an AARP member to have the card.

Don't know about the hard pull question.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 02, 2024, 09:35:18 PM

Having a card canceled doesn't make you ineligible for a SUB.  Lots of CCs do have limitations in terms of how frequently or how many times you can receive a SUB, and those rules would still apply.

How long to wait is up to you.  I had two USBank CCs closed for AU activity; I think I waited six months or so.

USBank might keep track of their own experience with you, aside from anything on your credit report.  They might choose to decline you on that basis.  But I was able to open two more USBank CCs after my previous two were closed, so you might succeed as well.

Do you know if USbank shuts down all your cards with them for AU activity (even those that you don't use for TLs) or just the cards you use?

I'm not sure; I suspect not only because I have never heard of it happening.  I had two USBank cards that both got shut down for AU activity pretty much simultaneously.  But those were the only two USBank cards I had, and I was piggybacking on both.  As mentioned earlier in the thread, I waited a bit (a few months?), then reapplied and got two more USBank cards that are now enrolled with Good Company.

Obviously piggybacking on all the cards one has with a CC company increases the risk of them shutting down other cards you have with them.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: 314159 on March 02, 2024, 09:41:54 PM
Does anyone know what the right cadence is for Chase e.g. how many users to add for a given card in how many months, without being shut down?

I heard Chase is a bit stringent on this and can shut down quite easily compared to other providers, so hoping to have some guidance and data points on this.

Chase shut me down earlier this year.
7 AUs added in 2018
1 in 2021
2 in 2022

I had also been low key churning accounts for sign up bonuses and think that's what triggered it. I had just been approved for a new business card with a very low limit. I called in to move some of the $70K+ credit limit from my oldest personal card to the new business card and a couple days later was notified that my accounts were closed.

I'll wait a couple years and try again. Hope the reports that it's not permanent are accurate.

Not that it helps at this point, but I'll say so anyway in case someone else is considering the same: Chase doesn't allow you to move credit between personal and business accounts. However you can ask for a reduction in credit on one card, and later request an increase on another one.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 02, 2024, 09:54:49 PM

Having a card canceled doesn't make you ineligible for a SUB.  Lots of CCs do have limitations in terms of how frequently or how many times you can receive a SUB, and those rules would still apply.

How long to wait is up to you.  I had two USBank CCs closed for AU activity; I think I waited six months or so.

USBank might keep track of their own experience with you, aside from anything on your credit report.  They might choose to decline you on that basis.  But I was able to open two more USBank CCs after my previous two were closed, so you might succeed as well.

Do you know if USbank shuts down all your cards with them for AU activity (even those that you don't use for TLs) or just the cards you use?

I'm not sure; I suspect not only because I have never heard of it happening.  I had two USBank cards that both got shut down for AU activity pretty much simultaneously.  But those were the only two USBank cards I had, and I was piggybacking on both.  As mentioned earlier in the thread, I waited a bit (a few months?), then reapplied and got two more USBank cards that are now enrolled with Good Company.

Obviously piggybacking on all the cards one has with a CC company increases the risk of them shutting down other cards you have with them.

Well, you gotta have some other cards to put your actual spend on. :D Or are you using a card you can't enroll for that? LOL
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 03, 2024, 09:17:49 AM
Well, you gotta have some other cards to put your actual spend on. :D Or are you using a card you can't enroll for that? LOL

I have plenty of cards.  About half are piggybacking, about half are not for various reasons.

My daily spender happens to be a card that is piggybacking but hasn't had any sales.  It has a high limit anyway so I can probably stay under 10% without issue.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on March 04, 2024, 06:47:41 AM
Please be wary of the AARP cards.  P2 and I are not of age yet and Barclays has a check box that asks if you want soliciting calls.  I unchecked both.  However, after getting flooded with calls (a couple an hour) for a month, I checked and the check boxes are back.  I keep checking, but once on the call lists, you are always on the call lists.  We still get several calls a day about medicare benefits, death insurance, "free" programs and other ways to help you spend your money.

Yes, I have asked to be put on the do not call list, but please be patient cause it takes forever to update their do not call lists.  By forever, I mean the 5th person after me who gets this number will be getting calls for me.

One of my AUs bought a house and my number is the only one on record for them?  Needless to say, they call repeatedly after being informed there is no one by that name associated with this number.

Be wary of the AARP sign up calls.  Can you tell I'm frustrated with telemarketers?  P2 got scammed also. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 04, 2024, 09:00:36 AM
Please be wary of the AARP cards.  P2 and I are not of age yet and Barclays has a check box that asks if you want soliciting calls.  I unchecked both.  However, after getting flooded with calls (a couple an hour) for a month, I checked and the check boxes are back.  I keep checking, but once on the call lists, you are always on the call lists.  We still get several calls a day about medicare benefits, death insurance, "free" programs and other ways to help you spend your money.

Yes, I have asked to be put on the do not call list, but please be patient cause it takes forever to update their do not call lists.  By forever, I mean the 5th person after me who gets this number will be getting calls for me.

One of my AUs bought a house and my number is the only one on record for them?  Needless to say, they call repeatedly after being informed there is no one by that name associated with this number.

Be wary of the AARP sign up calls.  Can you tell I'm frustrated with telemarketers?  P2 got scammed also.

This sounds like an AARP marketing setting rather than Barclays? I signed up for AARP itself in the fall ($23 cashback vs $12 cost or whatever)...I opted out of all the marketing at the AARP website and haven't received anything.

I believe the link was:

https://help.aarp.org/s/ccpa-request-page
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Nutty on March 04, 2024, 09:37:10 AM
Please be wary of the AARP cards.  P2 and I are not of age yet and Barclays has a check box that asks if you want soliciting calls.  I unchecked both.  However, after getting flooded with calls (a couple an hour) for a month, I checked and the check boxes are back.  I keep checking, but once on the call lists, you are always on the call lists.  We still get several calls a day about medicare benefits, death insurance, "free" programs and other ways to help you spend your money.

Yes, I have asked to be put on the do not call list, but please be patient cause it takes forever to update their do not call lists.  By forever, I mean the 5th person after me who gets this number will be getting calls for me.

One of my AUs bought a house and my number is the only one on record for them?  Needless to say, they call repeatedly after being informed there is no one by that name associated with this number.

Be wary of the AARP sign up calls.  Can you tell I'm frustrated with telemarketers?  P2 got scammed also.

This sounds like an AARP marketing setting rather than Barclays? I signed up for AARP itself in the fall ($23 cashback vs $12 cost or whatever)...I opted out of all the marketing at the AARP website and haven't received anything.

I believe the link was:

https://help.aarp.org/s/ccpa-request-page
Thank you and while I agree, the link didn't request my telephone number.  I am not an AARP member so I don't have a sign in with them.  This will be interesting.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 04, 2024, 05:49:58 PM
I think I have 3 different AARP cards.  Besides 15 years ago and 1 year ago, I've never been an AARP member and none of my credit cards with an AARP label were ever affected.  I believe I have an AMEX, a Master Card and a Visa that have various banks with AARP labels.

I have an AARP card which i opened recently. I am not an AARP member AFAIK. Bacrlays didn't sign me up as a member or give me an account number for AARP. I already received and used my sign up bonus for this card for a statement credit. You dont need AARP to get the bonus.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 04, 2024, 05:52:45 PM
A couple of questions to those who had their Chase accounts shut down for AU activity. I know that Chase closes all the accounts and potentially bans you for life.
-Were you able to redeem UR points after they notified you of account closure? If so, were you able to transfer them to partner airlines or hotels or only redeem for cash?
-If you had checking or savings accounts with some funds deposited, what happened? Did Chase close the accounts too? How did you get the money from those accounts?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 04, 2024, 06:58:12 PM
A couple of questions to those who had their Chase accounts shut down for AU activity. I know that Chase closes all the accounts and potentially bans you for life.
-Were you able to redeem UR points after they notified you of account closure? If so, were you able to transfer them to partner airlines or hotels or only redeem for cash?
-If you had checking or savings accounts with some funds deposited, what happened? Did Chase close the accounts too? How did you get the money from those accounts?

These seem very specific. Did you get shut down by Chase?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 04, 2024, 07:03:50 PM
A couple of questions to those who had their Chase accounts shut down for AU activity. I know that Chase closes all the accounts and potentially bans you for life.
-Were you able to redeem UR points after they notified you of account closure? If so, were you able to transfer them to partner airlines or hotels or only redeem for cash?
-If you had checking or savings accounts with some funds deposited, what happened? Did Chase close the accounts too? How did you get the money from those accounts?

I have not had any Chase accounts shut down.  However, my understanding of your two questions based on a lot of reading is:

1.  You would lose all URs and neither be able to redeem them for cash nor transfer them to any travel partners.
2.  They don't close checking/savings accounts for AU activity.  What they reportedly do is close all Chase CCs regardless of whether or not you were using all Chase cards for AUs or just a subset.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 04, 2024, 07:06:31 PM
These seem very specific. Did you get shut down by Chase?

No I didn't. I'm asking because I've been using their cards for TLs but I'm also working on getting a sign up bonus for opening checking and savings accounts and considering getting other chase cards in the future, like Sapphire or Ink, for sign up bonuses. Depending on the answers, I may choose other banks and CC companies for sign up bonuses even if they are less generous.

This is less of an issue with co-branded cards (e.g. United or Hyatt) because when the points are earned, they are immediately transferred to airline of hotel partners and you get to keep them even if your card is shut down or you close it yourself. At least that's my understanding.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 04, 2024, 07:16:50 PM

I have not had any Chase accounts shut down.  However, my understanding of your two questions based on a lot of reading is:

1.  You would lose all URs and neither be able to redeem them for cash nor transfer them to any travel partners.
2.  They don't close checking/savings accounts for AU activity.  What they reportedly do is close all Chase CCs regardless of whether or not you were using all Chase cards for AUs or just a subset.

Thanks, this is very helpful. If this is the case, it's still ok to get bank account sign up bonuses with Chase but probably not UR points sign up bonuses for credit cards....or be prepared to lose them at any moment unless you transfer them to an airline or hotel partner (which, without specific redemption plans, will make those points a lot less valuable.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 04, 2024, 07:35:21 PM

I have not had any Chase accounts shut down.  However, my understanding of your two questions based on a lot of reading is:

1.  You would lose all URs and neither be able to redeem them for cash nor transfer them to any travel partners.
2.  They don't close checking/savings accounts for AU activity.  What they reportedly do is close all Chase CCs regardless of whether or not you were using all Chase cards for AUs or just a subset.

Thanks, this is very helpful. If this is the case, it's still ok to get bank account sign up bonuses with Chase but probably not UR points sign up bonuses for credit cards....or be prepared to lose them at any moment unless you transfer them to an airline or hotel partner (which, without specific redemption plans, will make those points a lot less valuable.

or Just redeem your UR for cash. That's what I do.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoseyingAlong on March 04, 2024, 07:41:24 PM
A couple of questions to those who had their Chase accounts shut down for AU activity. I know that Chase closes all the accounts and potentially bans you for life.
-Were you able to redeem UR points after they notified you of account closure? If so, were you able to transfer them to partner airlines or hotels or only redeem for cash?
-If you had checking or savings accounts with some funds deposited, what happened? Did Chase close the accounts too? How did you get the money from those accounts?

I have not had any Chase accounts shut down.  However, my understanding of your two questions based on a lot of reading is:

1.  You would lose all URs and neither be able to redeem them for cash nor transfer them to any travel partners.
2.  They don't close checking/savings accounts for AU activity.  What they reportedly do is close all Chase CCs regardless of whether or not you were using all Chase cards for AUs or just a subset.

My experience does not agree with point #1.
Chase shut me down a year ago and I was able to redeem all my UR points for cash after being notified of the closure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 04, 2024, 09:20:15 PM
A couple of questions to those who had their Chase accounts shut down for AU activity. I know that Chase closes all the accounts and potentially bans you for life.
-Were you able to redeem UR points after they notified you of account closure? If so, were you able to transfer them to partner airlines or hotels or only redeem for cash?
-If you had checking or savings accounts with some funds deposited, what happened? Did Chase close the accounts too? How did you get the money from those accounts?

I have not had any Chase accounts shut down.  However, my understanding of your two questions based on a lot of reading is:

1.  You would lose all URs and neither be able to redeem them for cash nor transfer them to any travel partners.
2.  They don't close checking/savings accounts for AU activity.  What they reportedly do is close all Chase CCs regardless of whether or not you were using all Chase cards for AUs or just a subset.

My experience does not agree with point #1.
Chase shut me down a year ago and I was able to redeem all my UR points for cash after being notified of the closure.

I would always say that direct experience trumps reading stuff on the internet, so your experience is probably more relevant to the question.  Thanks for the comment/correction!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 06, 2024, 12:39:35 PM
Anyone hear if Capital One cards are off the pause/hold at Good Company?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: MoMoney88 on March 06, 2024, 12:40:06 PM
"Chase shut me down a year ago and I was able to redeem all my UR points for cash after being notified of the closure."

This right here falls into the "reading stuff on the internet from an anonymous poster" category!    Just sayin'!   :-)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Spitfire on March 10, 2024, 04:42:28 PM
Anyone hear if Capital One cards are off the pause/hold at Good Company?

I was told they were on pause but a week later (last week) they asked if I wanted to proceed on a four month cycle, knowing that some cards have been shut down. I haven't personally had a problem and don't care much about that card so I agreed. My cycle just ended so I won't attempt to add anyone for a few weeks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: jeromedawg on March 11, 2024, 10:28:04 AM
Has anyone had any trouble today or recently adding Barclays AUs?

I'm getting this on the website:
Your request cannot be completed online at this time.We apologize for any inconvenience.

To process your request, please contact Customer Service at 1-866-383-8192.


I'm on the phone now and the first rep I spoke with was unable to process the request to add an AU and I've been transferred twice now...

As others have said, sounds like you hit the lifetime limit, which is between 35 and 40.

They won't be able to add any more AUs to that card.

Best thing to do IMHO is to apply for a new Barclays card, shift all the CL from the old Barclays to the new Barclays, then wait 2 years for it to season.

It turned out to be a system-wide issue at the time I posted. I called in and they couldn't even process it manually because something was going on with their system. I waited until after the weekend and tried again and was able to add the AU.

I didn't realize there is a lifetime limit of 35-40 AUs per card. Sounds like I should maybe apply for another one soon. I'm at no more than a dozen on my card  (and also the same for my wife's Barclay) for the time being I'm pretty sure, so we have some time to go. When you hit the lifetime limit, I'm assuming the card stays open but you just can't add any more AUs right?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 11, 2024, 11:06:54 AM
When you hit the lifetime limit, I'm assuming the card stays open but you just can't add any more AUs right?

Right.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 12, 2024, 06:32:32 PM
I have a theoretical/general question. Generally, the people in this TL thread, including me, don't want to deal with less reputable TL companies or sell TLs directly because we want to avoid fraudulent AUs or any other risks. AFAIK, the most common example of AU fraud is using a CPN (basically an illegitimate SSN) and then using TLs to create a credit history for it and make it look legitimate.

What happens when you add AUs to cards where they don't require SSN for it to post (e.g. Barclays)? If you don't enter SSN, does it mean that this card can't be used by shady companies or individuals to make CPNs look legit? Does that protect the card holder from this kind of risk? Does it mean that it's ok to add AUs w/o SSN even with less reputable companies or sell them directly?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 12, 2024, 06:50:10 PM
I have a theoretical/general question. Generally, the people in this TL thread, including me, don't want to deal with less reputable TL companies or sell TLs directly because we want to avoid fraudulent AUs or any other risks. AFAIK, the most common example of AU fraud is using a CPN (basically an illegitimate SSN) and then using TLs to create a credit history for it and make it look legitimate.

What happens when you add AUs to cards where they don't require SSN for it to post (e.g. Barclays)? If you don't enter SSN, does it mean that this card can't be used by shady companies or individuals to make CPNs look legit? Does that protect the card holder from this kind of risk? Does it mean that it's ok to add AUs w/o SSN even with less reputable companies or sell them directly?

I thought people called in thier Barclays AUs because they didn't post without the SSN?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on March 12, 2024, 07:26:46 PM
I’ve never called in a Barclays ssn. Never had a non posting that I’m aware of.

But it’s been a year since my old card reached the max, so I don’t know if something has changed since then. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 12, 2024, 07:34:49 PM
I’ve never called in a Barclays ssn. Never had a non posting that I’m aware of.

But it’s been a year since my old card reached the max, so I don’t know if something has changed since then.

Maybe it was Citi? Hmm. IDK! It was like 7 years ago.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Reddart67 on March 12, 2024, 07:44:21 PM
Barclays is very clean….online add, online removal. No human interaction needed.

I have had problems with Citi not always posting, and calling in a ssn when the TL company requested me to.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: arebelspy on March 12, 2024, 08:05:38 PM
I have a theoretical/general question. Generally, the people in this TL thread, including me, don't want to deal with less reputable TL companies or sell TLs directly because we want to avoid fraudulent AUs or any other risks. AFAIK, the most common example of AU fraud is using a CPN (basically an illegitimate SSN) and then using TLs to create a credit history for it and make it look legitimate.

What happens when you add AUs to cards where they don't require SSN for it to post (e.g. Barclays)? If you don't enter SSN, does it mean that this card can't be used by shady companies or individuals to make CPNs look legit? Does that protect the card holder from this kind of risk? Does it mean that it's ok to add AUs w/o SSN even with less reputable companies or sell them directly?

That makes a certain kind of sense. I think there are other types of fraud, but for that specific one, sure.

With Barclays historically not caring about AUs at all, really, and not shutting anyone down, it does seem like you could ramp up the risk on the company side and be okay, if you were getting paid more. (Though if you add too many at once, Barclays sometimes doesn't post them, so that's a risk to navigate.)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: catccc on March 12, 2024, 09:44:50 PM
This is a really long thread, so hopefully someone can chime in and help out.  I considered selling tradelines several years ago but never did. 

I'm now thinking about doing it again, but at an extremely slow clip, one that will not concern the banks.  I don't know what this velocity is, and it probably varies by bank.  I'm looking at Discover (29 yrs, 15K).  I also have a fair number of chase cards, but I'm a points and miles hobbyist and really value my relationship with chase. My oldest chase card is 16 yrs w/ 10K CL, but I can make that higher easily.  I'm trying to go for quality over quantity here, and may just stick with these two cards. 

Here are my questions:
How slow do I need to go to ensure safety from bank anger?  How would 2 AUs per card per year look?
How long do you leave the AU on?  Would longer command a higher price? 
Does card utilization % factor in here at all?
I'd like to sell on ebay, anything I need to know before I do that?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 12, 2024, 10:28:16 PM
Sell tradelines on Ebay? I've never heard of that.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: catccc on March 12, 2024, 10:34:10 PM
I've seen them sold there.  I figured at my scale (or lack of) it would be a simpler solution.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: tj on March 12, 2024, 10:35:25 PM
I've seen them sold there.  I figured at my scale (or lack of) it would be a simpler solution.

I think the (mostly) consensus here for the last several years is to use the two vetted companies.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 12, 2024, 10:43:35 PM
Sell tradelines on Ebay? I've never heard of that.

I've seen it. I think most people here who have researched are aware that people sell everywhere - craigslist, eBay, etc..

I'm also extremely interested in hearing about the length of time - SPECIFICALLY about add/removal dates. I would like to hear various replies from experienced users with many cards about how many tradelines you think/know you can sell each year, per slot (not per card).

I don't see it mathematically possible, for example, to have 6 sales per slot, per year. Especially when each purchaser requires 2 months of time actually ON the card as an AU - not just 2 sequential credit reports saying that the tradeline appears. In reality, if the prior sentence were the case, they could be removed directly after the second posting appeared on the report. This means they're not LIVE on the card as an AU for a full 2 months as they're led to believe. It also means potential for failure, non-payment, and wasted time, etc..

Thoughts?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 12, 2024, 11:25:40 PM
Here are my questions:
[1] How slow do I need to go to ensure safety from bank anger?  How would 2 AUs per card per year look?
[2] How long do you leave the AU on?  Would longer command a higher price? 
[3] Does card utilization % factor in here at all?
[4] I'd like to sell on ebay, anything I need to know before I do that?

[Numbers added for reference.]

1.  Nobody knows for sure, there are no guarantees.  Less activity is probably safer.  Using recommended companies is probably safer.  Following their recommendations is probably safer.  The general rule of thumb is to not add AUs to any tradeline that you're not willing to have the bank close on you.  I use a recommended company and follow their guidelines on everything.  I've had probably 150 AUs and have had two cards closed, one card with a weird issue, and one issuer call and ask me nicely to stop.  But I don't mind breakage.

2.  I follow the recommendations of Good Company.  It varies from 2 months to 4 months, depending on issuer.  Pay rate is mostly based on CL and age.  If you're selling directly, you can negotiate whatever you want.  More money for longer makes sense.  I occasionally will have a "renewal order" where an AU apparently didn't get their stuff done in the first slot, so they pay again for a second consecutive slot.

3.  You're expected to have at least some utilization so the card posts to the AU's credit report.  You're expected to keep utilization under 10% so it doesn't adversely affect the AU's credit.  Anywhere in between is fine.

4.  No idea.  I wouldn't do it personally, but I can understand the appeal.

I'm also extremely interested in hearing about the length of time - SPECIFICALLY about add/removal dates. I would like to hear various replies from experienced users with many cards about how many tradelines you think/know you can sell each year, per slot (not per card).

I don't see it mathematically possible, for example, to have 6 sales per slot, per year. Especially when each purchaser requires 2 months of time actually ON the card as an AU - not just 2 sequential credit reports saying that the tradeline appears. In reality, if the prior sentence were the case, they could be removed directly after the second posting appeared on the report. This means they're not LIVE on the card as an AU for a full 2 months as they're led to believe. It also means potential for failure, non-payment, and wasted time, etc..

Thoughts?

As noted above, I follow Good Company recommendations on length of time to leave them on the card.  Usually the order gets released to me and added to the card just before statement close - usually a few days.

I leave the AU on until the recommended remove date.  I generally remove them on that date or a day or two later.  I keep track of the number of days each AU is on (because it's easy to track in my spreadsheet).  Usually "two cycles" equates to 55 to 63 days.  Similar numbers for "three cycles" and "four cycles".

With Good Company, since I have X slots per card, they will sometimes sell a slot that is in the process of being vacated.  So if I have two slots on a card and they are both filled by AUs, and the cycle date is coming up, they'll have me remove one of the existing AUs, say, 3 days before cycle date, then add a new AU 2 days before cycle date.  Very rarely the dates will overlap by a day or two, or I choose to wait because they release the new AU order to me a day or two before the old AU is due to come off.

So the TLDR is that Good Company seems to want you to have them on for "number of cycles" minus a few days.

Good Company generally guarantees to pay if it posts and you leave them on until the "remove date" listed on their portal.  I just keep a tickler in my to do file for the date on which my next AU is to be removed, so it's pretty easy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: catccc on March 13, 2024, 10:10:29 AM

2.  I follow the recommendations of Good Company.  It varies from 2 months to 4 months, depending on issuer.  Pay rate is mostly based on CL and age.  If you're selling directly, you can negotiate whatever you want.  More money for longer makes sense.  I occasionally will have a "renewal order" where an AU apparently didn't get their stuff done in the first slot, so they pay again for a second consecutive slot.

Is there any value to the AU to be on for 6 months v 3 months?  Or does it not matter, once it is reported once or twice, they've gotten their value?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 13, 2024, 10:27:04 AM

2.  I follow the recommendations of Good Company.  It varies from 2 months to 4 months, depending on issuer.  Pay rate is mostly based on CL and age.  If you're selling directly, you can negotiate whatever you want.  More money for longer makes sense.  I occasionally will have a "renewal order" where an AU apparently didn't get their stuff done in the first slot, so they pay again for a second consecutive slot.

Is there any value to the AU to be on for 6 months v 3 months?  Or does it not matter, once it is reported once or twice, they've gotten their value?

That's for the AU to decide, not me.  Presumably most AUs get most of their value the first month or two, but as noted before, AUs can extend orders if they want more time.

There is a modest benefit to us to have the AU on longer, though.  Good Company seems to think that having them on longer reduces the risk of shut down.  So they set the number of cycles on a per issuer basis; more cycles for historically higher shutdown risks.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on March 13, 2024, 03:48:07 PM
Sell tradelines on Ebay? I've never heard of that.
I sold tradelines on eBay for a few months when I started this activity two years ago. I think I got banned by eBay because I did too well. If you decide to give it a try take it easy and try to stay under the radar. I think my mistake was that I made too much too quickly and either eBay itself banned me because I went above some sell amount or some competitor also selling tradelines flagged me. One of my buyers came back for a second tradeline and when I told them I could not sell told me that eBay "cleans up" every so often...
I had two reasons to try eBay: I don't like that the brokers get 70/75% of the selling price and also back then I had cards that I opened to get seasoned and were below the 2 years minimum asked by most brokers but buyers on eBay didn't mind.
HTH
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 13, 2024, 04:21:20 PM
Sell tradelines on Ebay? I've never heard of that.
I sold tradelines on eBay for a few months when I started this activity two years ago. I think I got banned by eBay because I did too well. If you decide to give it a try take it easy and try to stay under the radar. I think my mistake was that I made too much too quickly and either eBay itself banned me because I went above some sell amount or some competitor also selling tradelines flagged me. One of my buyers came back for a second tradeline and when I told them I could not sell told me that eBay "cleans up" every so often...
I had two reasons to try eBay: I don't like that the brokers get 70/75% of the selling price and also back then I had cards that I opened to get seasoned and were below the 2 years minimum asked by most brokers but buyers on eBay didn't mind.
HTH

That's pretty interesting. How did you avoid fraudulent AUs?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 13, 2024, 06:18:04 PM
Here are my questions:
[1] How slow do I need to go to ensure safety from bank anger?  How would 2 AUs per card per year look?
[2] How long do you leave the AU on?  Would longer command a higher price? 
[3] Does card utilization % factor in here at all?
[4] I'd like to sell on ebay, anything I need to know before I do that?

[Numbers added for reference.]

1.  Nobody knows for sure, there are no guarantees.  Less activity is probably safer.  Using recommended companies is probably safer.  Following their recommendations is probably safer.  The general rule of thumb is to not add AUs to any tradeline that you're not willing to have the bank close on you.  I use a recommended company and follow their guidelines on everything.  I've had probably 150 AUs and have had two cards closed, one card with a weird issue, and one issuer call and ask me nicely to stop.  But I don't mind breakage.

2.  I follow the recommendations of Good Company.  It varies from 2 months to 4 months, depending on issuer.  Pay rate is mostly based on CL and age.  If you're selling directly, you can negotiate whatever you want.  More money for longer makes sense.  I occasionally will have a "renewal order" where an AU apparently didn't get their stuff done in the first slot, so they pay again for a second consecutive slot.

3.  You're expected to have at least some utilization so the card posts to the AU's credit report.  You're expected to keep utilization under 10% so it doesn't adversely affect the AU's credit.  Anywhere in between is fine.

4.  No idea.  I wouldn't do it personally, but I can understand the appeal.

I'm also extremely interested in hearing about the length of time - SPECIFICALLY about add/removal dates. I would like to hear various replies from experienced users with many cards about how many tradelines you think/know you can sell each year, per slot (not per card).

I don't see it mathematically possible, for example, to have 6 sales per slot, per year. Especially when each purchaser requires 2 months of time actually ON the card as an AU - not just 2 sequential credit reports saying that the tradeline appears. In reality, if the prior sentence were the case, they could be removed directly after the second posting appeared on the report. This means they're not LIVE on the card as an AU for a full 2 months as they're led to believe. It also means potential for failure, non-payment, and wasted time, etc..

Thoughts?

As noted above, I follow Good Company recommendations on length of time to leave them on the card.  Usually the order gets released to me and added to the card just before statement close - usually a few days.

I leave the AU on until the recommended remove date.  I generally remove them on that date or a day or two later.  I keep track of the number of days each AU is on (because it's easy to track in my spreadsheet).  Usually "two cycles" equates to 55 to 63 days.  Similar numbers for "three cycles" and "four cycles".

With Good Company, since I have X slots per card, they will sometimes sell a slot that is in the process of being vacated.  So if I have two slots on a card and they are both filled by AUs, and the cycle date is coming up, they'll have me remove one of the existing AUs, say, 3 days before cycle date, then add a new AU 2 days before cycle date.  Very rarely the dates will overlap by a day or two, or I choose to wait because they release the new AU order to me a day or two before the old AU is due to come off.

So the TLDR is that Good Company seems to want you to have them on for "number of cycles" minus a few days.

Good Company generally guarantees to pay if it posts and you leave them on until the "remove date" listed on their portal.  I just keep a tickler in my to do file for the date on which my next AU is to be removed, so it's pretty easy.

Gotcha, thanks for your input. I have a hard time squeezing in 5 if the timing is right but I find it literally impossible to get 6 sales completed on a slot per 12 months.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 13, 2024, 06:24:53 PM
Sell tradelines on Ebay? I've never heard of that.
I sold tradelines on eBay for a few months when I started this activity two years ago. I think I got banned by eBay because I did too well. If you decide to give it a try take it easy and try to stay under the radar. I think my mistake was that I made too much too quickly and either eBay itself banned me because I went above some sell amount or some competitor also selling tradelines flagged me. One of my buyers came back for a second tradeline and when I told them I could not sell told me that eBay "cleans up" every so often...
I had two reasons to try eBay: I don't like that the brokers get 70/75% of the selling price and also back then I had cards that I opened to get seasoned and were below the 2 years minimum asked by most brokers but buyers on eBay didn't mind.
HTH

Which cards did you use for Ebay sales? Did you use any cards that require you to provide AU's SSN? How did you screen your customers, for example to make sure their SSN really belongs to them?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on March 14, 2024, 06:13:08 AM
Sell tradelines on Ebay? I've never heard of that.
I sold tradelines on eBay for a few months when I started this activity two years ago. I think I got banned by eBay because I did too well. If you decide to give it a try take it easy and try to stay under the radar. I think my mistake was that I made too much too quickly and either eBay itself banned me because I went above some sell amount or some competitor also selling tradelines flagged me. One of my buyers came back for a second tradeline and when I told them I could not sell told me that eBay "cleans up" every so often...
I had two reasons to try eBay: I don't like that the brokers get 70/75% of the selling price and also back then I had cards that I opened to get seasoned and were below the 2 years minimum asked by most brokers but buyers on eBay didn't mind.
HTH

That's pretty interesting. How did you avoid fraudulent AUs?

I asked the buyer for their credit karma credentials (like the brokers do) and pics of driving license and SS card (what other eBay sellers were doing)
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: kindoflost on March 14, 2024, 06:13:53 AM
Sell tradelines on Ebay? I've never heard of that.
I sold tradelines on eBay for a few months when I started this activity two years ago. I think I got banned by eBay because I did too well. If you decide to give it a try take it easy and try to stay under the radar. I think my mistake was that I made too much too quickly and either eBay itself banned me because I went above some sell amount or some competitor also selling tradelines flagged me. One of my buyers came back for a second tradeline and when I told them I could not sell told me that eBay "cleans up" every so often...
I had two reasons to try eBay: I don't like that the brokers get 70/75% of the selling price and also back then I had cards that I opened to get seasoned and were below the 2 years minimum asked by most brokers but buyers on eBay didn't mind.
HTH

Which cards did you use for Ebay sales? Did you use any cards that require you to provide AU's SSN? How did you screen your customers, for example to make sure their SSN really belongs to them?

Citi, BoA, Chase, AmEx, Cap One
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 14, 2024, 10:55:49 AM

That makes a certain kind of sense. I think there are other types of fraud, but for that specific one, sure.

With Barclays historically not caring about AUs at all, really, and not shutting anyone down, it does seem like you could ramp up the risk on the company side and be okay, if you were getting paid more. (Though if you add too many at once, Barclays sometimes doesn't post them, so that's a risk to navigate.)

What are other types of fraud or risk to account holders, particularly those that we are still exposed to even if we use cards that don't require adding SSN? One risk I can think of is AUs being able to get cards and/or online access and spend money. Never happened to me but I heard of a few cases where AUs somehow managed to get around bank security rules and get account access. I think it's extremely rare and not worth worrying about.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: catccc on March 14, 2024, 01:54:37 PM
Sell tradelines on Ebay? I've never heard of that.
I sold tradelines on eBay for a few months when I started this activity two years ago. I think I got banned by eBay because I did too well. If you decide to give it a try take it easy and try to stay under the radar. I think my mistake was that I made too much too quickly and either eBay itself banned me because I went above some sell amount or some competitor also selling tradelines flagged me. One of my buyers came back for a second tradeline and when I told them I could not sell told me that eBay "cleans up" every so often...
I had two reasons to try eBay: I don't like that the brokers get 70/75% of the selling price and also back then I had cards that I opened to get seasoned and were below the 2 years minimum asked by most brokers but buyers on eBay didn't mind.
HTH

That's pretty interesting. How did you avoid fraudulent AUs?

I asked the buyer for their credit karma credentials (like the brokers do) and pics of driving license and SS card (what other eBay sellers were doing)

Super helpful, thank you!
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 14, 2024, 02:08:04 PM
I wonder why our tradeline companies don't post on ebay?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 14, 2024, 02:46:20 PM
I wonder why our tradeline companies don't post on ebay?

Extra fees.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 15, 2024, 10:40:11 AM
I wonder why our tradeline companies don't post on ebay?

I think it's because it's hard to beat the prices of eBay competition, the security isn't there for secure transfer of personal info, most of us don't want our lines sold through eBay, and no informed buyer wants to send their most personal details & docs over that system. I'm not sure if eBay rules prohibit it in one way or another but you can get totally away with it it seems.

Also imagine trying to manage sales/records/listings/payments using eBay as a platform when you already have a dedicated website developed for the same very specific use. It doesn't make sense for an existing & legitimate tradeline business to sell through there. I know for one that I'd be extremely pissed off if I found out my company was doing that with my cards.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 15, 2024, 12:02:22 PM
I wonder why our tradeline companies don't post on ebay?

I think it's because it's hard to beat the prices of eBay competition, the security isn't there for secure transfer of personal info, most of us don't want our lines sold through eBay, and no informed buyer wants to send their most personal details & docs over that system. I'm not sure if eBay rules prohibit it in one way or another but you can get totally away with it it seems.

Also imagine trying to manage sales/records/listings/payments using eBay as a platform when you already have a dedicated website developed for the same very specific use. It doesn't make sense for an existing & legitimate tradeline business to sell through there. I know for one that I'd be extremely pissed off if I found out my company was doing that with my cards.

How do those legitimate tradeline businesses advertise and find customers, other than posting available tradelines on their own websites? Do they work with other partners that provide them leads, such as credit repair companies?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on March 15, 2024, 12:40:31 PM
Question about Discover and Capital One: When the AU's card is mailed out, whose name is on the envelop, the account owner or the AU?

I ended up having my Citi card closed because my mail forwarding service was sending back cards because they were addressed to the AU. I was going to put a Discover and a Capital One up for sale but will hold off if they also use the AU's name.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 15, 2024, 01:16:44 PM
I wonder why our tradeline companies don't post on ebay?

I think it's because it's hard to beat the prices of eBay competition, the security isn't there for secure transfer of personal info, most of us don't want our lines sold through eBay, and no informed buyer wants to send their most personal details & docs over that system. I'm not sure if eBay rules prohibit it in one way or another but you can get totally away with it it seems.

Also imagine trying to manage sales/records/listings/payments using eBay as a platform when you already have a dedicated website developed for the same very specific use. It doesn't make sense for an existing & legitimate tradeline business to sell through there. I know for one that I'd be extremely pissed off if I found out my company was doing that with my cards.

How do those legitimate tradeline businesses advertise and find customers, other than posting available tradelines on their own websites? Do they work with other partners that provide them leads, such as credit repair companies?

Every successful web-based company in the world requires a method for getting leads, usually from within their industry or a related one. But I mean if you're asking, I don't think any tradeline companies are advertising on eBay.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 15, 2024, 05:47:26 PM
Question about Discover and Capital One: When the AU's card is mailed out, whose name is on the envelop, the account owner or the AU?

I ended up having my Citi card closed because my mail forwarding service was sending back cards because they were addressed to the AU. I was going to put a Discover and a Capital One up for sale but will hold off if they also use the AU's name.

The most recent Capital One AU card was mailed to my address but had the AU's name on it. Another problem with Cap One is that to enter AU's SSN, you need to consent to give them online access. You can still enter your email and phone but what if the AU calls Cape one and changes it?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 15, 2024, 05:49:58 PM

Every successful web-based company in the world requires a method for getting leads, usually from within their industry or a related one. But I mean if you're asking, I don't think any tradeline companies are advertising on eBay.

Yes, I understand that. I wonder where they get most of their leads though...google search, social media ads, credit repair companies, other partner companies?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 15, 2024, 06:31:09 PM

Every successful web-based company in the world requires a method for getting leads, usually from within their industry or a related one. But I mean if you're asking, I don't think any tradeline companies are advertising on eBay.

Yes, I understand that. I wonder where they get most of their leads though...google search, social media ads, credit repair companies, other partner companies?

I'd say all of the above and then some. Several tradeline companies seem to do credit repair services too, which I personally am not fond of.  But as far as where the majority of those leads come from, it would have to depend entirely on the company and their strategy.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: solon on March 15, 2024, 06:33:45 PM

Every successful web-based company in the world requires a method for getting leads, usually from within their industry or a related one. But I mean if you're asking, I don't think any tradeline companies are advertising on eBay.

Yes, I understand that. I wonder where they get most of their leads though...google search, social media ads, credit repair companies, other partner companies?

I'd say all of the above and then some. Several tradeline companies seem to do credit repair services too, which I personally am not fond of.  But as far as where the majority of those leads come from, it would have to depend entirely on the company and their strategy.

I actually tried to set up a tradeline company once. Abandoned the project because I couldn't figure out where I would get customers.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 15, 2024, 06:47:49 PM


I actually tried to set up a tradeline company once. Abandoned the project because I couldn't figure out where I would get customers.

Yeah I was considering doing the same but I hate sales...so I guess we have to keep giving TL companies 70-80% of the revenue and taking 100% of the risk of account closure.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 15, 2024, 06:58:04 PM


I actually tried to set up a tradeline company once. Abandoned the project because I couldn't figure out where I would get customers.

Yeah I was considering doing the same but I hate sales...so I guess we have to keep giving TL companies 70-80% of the revenue and taking 100% of the risk of account closure.

In reality most people lessen the risk of closure by using a company. If it's a good company and they use good practices and advice, they'll know more than we know as an average seller. Your chances of closures by selling on eBay are probably much higher unless you're really experienced. IMO it'd be too much to keep up with but it would depend entirely on what tradelines you wanted to sell, for how long, etc... Good tradeline companies should protect the buyer and seller and provide a good service. I think it's about a lot more than just having your own sales platform.

I mean, look at this forum. How many years of combined experience with people using various companies and even the companies don't know everything they wish they knew. We share info here every day and sometimes it's only one or two people who have a good answer. We learn new shit every day so when you've got several cards you're dealing with, it's pretty logical to use a company rather than sell them yourself. In contrast, I'm sure there are some people selling themselves and doing very well but the work might be a lot more intensive and risky.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 15, 2024, 07:09:32 PM

In reality most people lessen the risk of closure by using a company. If it's a good company and they use good practices and advice, they'll know more than we know as an average seller. Your chances of closures by selling on eBay are probably much higher unless you're really experienced. IMO it'd be too much to keep up with but it would depend entirely on what tradelines you wanted to sell, for how long, etc... Good tradeline companies should protect the buyer and seller and provide a good service. I think it's about a lot more than just having your own sales platform.

I mean, look at this forum. How many years of combined experience with people using various companies and even the companies don't know everything they wish they knew. We share info here every day and sometimes it's only one or two people who have a good answer. We learn new shit every day so when you've got several cards you're dealing with, it's pretty logical to use a company rather than sell them yourself. In contrast, I'm sure there are some people selling themselves and doing very well but the work might be a lot more intensive and risky.

The Good Company publishes their rules and best practices including which TLs are accepted, how long should you keep them depending on the issuer, even max number of TLs per card for certain issuers. This information is available to every seller. All we need to do to minimize (though not completely eliminate) the risk of closure is follow the best practices no matter where we sell TLs (even if we sell them directly).

The risk of dealing with shady customers w/o real SSN can be mitigated by requiring SSN cards and/or using credit cards that don't require SSNs to add TLs.

The only other risk I can think of is AUs somehow getting account access or physical cards which is extremely rare. It also doesn't disappear if you're working with reputable TL companies.

Any other risks you are aware of that can be mitigated or avoided by going though TL companies vs selling directly?






Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: secondcor521 on March 15, 2024, 09:00:39 PM
Any other risks you are aware of that can be mitigated or avoided by going though TL companies vs selling directly?

Not who you asked, but one risk mitigation that TL companies provide is early warning of broad account closure activities.  As a recent example, I have a Cap One card listed with Good Company that did not get shut down because Good Company saw Cap One initiate a round of account closures and intervened as it happened to protect the rest of us.  It obviously didn't protect everyone, but it probably protected most.  Selling directly it would be harder to obtain that level of knowledge and protection.

Good Company also has knowledge about how to do identity checks and validation of the AU.  It's probably not impossible to learn the basics, but presumably over thousands of AUs they've gained expertise in this area that I would be hard pressed, as an individual seller, to learn.  Frankly, I also don't want to learn that stuff.

The hassle of maintaining the infrastructure should also not be understated.  I have sold a few slots privately, and keeping track of when to add them, when to remove them, arranging and collecting payment, communicating with the client, getting their info to add, answering their questions, reserving the AU slot to make sure I didn't oversell the card, keeping track of the income for tax purposes, and dealing with customers who ended up not buying a slot were all activities I had to do myself on those sales that normally would be handled by Good Company.  The higher revenue did make it worth it to me in those few cases, but I did also notice the additional work.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: salt cured on March 15, 2024, 09:12:51 PM
Question about Discover and Capital One: When the AU's card is mailed out, whose name is on the envelop, the account owner or the AU?

I ended up having my Citi card closed because my mail forwarding service was sending back cards because they were addressed to the AU. I was going to put a Discover and a Capital One up for sale but will hold off if they also use the AU's name.

The most recent Capital One AU card was mailed to my address but had the AU's name on it. Another problem with Cap One is that to enter AU's SSN, you need to consent to give them online access. You can still enter your email and phone but what if the AU calls Cape one and changes it?

Thanks that's really good to know.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 16, 2024, 10:03:01 AM

In reality most people lessen the risk of closure by using a company. If it's a good company and they use good practices and advice, they'll know more than we know as an average seller. Your chances of closures by selling on eBay are probably much higher unless you're really experienced. IMO it'd be too much to keep up with but it would depend entirely on what tradelines you wanted to sell, for how long, etc... Good tradeline companies should protect the buyer and seller and provide a good service. I think it's about a lot more than just having your own sales platform.

I mean, look at this forum. How many years of combined experience with people using various companies and even the companies don't know everything they wish they knew. We share info here every day and sometimes it's only one or two people who have a good answer. We learn new shit every day so when you've got several cards you're dealing with, it's pretty logical to use a company rather than sell them yourself. In contrast, I'm sure there are some people selling themselves and doing very well but the work might be a lot more intensive and risky.

The Good Company publishes their rules and best practices including which TLs are accepted, how long should you keep them depending on the issuer, even max number of TLs per card for certain issuers. This information is available to every seller. All we need to do to minimize (though not completely eliminate) the risk of closure is follow the best practices no matter where we sell TLs (even if we sell them directly).

The risk of dealing with shady customers w/o real SSN can be mitigated by requiring SSN cards and/or using credit cards that don't require SSNs to add TLs.

The only other risk I can think of is AUs somehow getting account access or physical cards which is extremely rare. It also doesn't disappear if you're working with reputable TL companies.

Any other risks you are aware of that can be mitigated or avoided by going though TL companies vs selling directly?

I could probably think of another 5 or 10 risks that could be mitigated or completely avoided if I took my time but the main one  - that I think you're underestimating - is dealing with shady customers, avoiding fake identities, screening, etc.. Providing a SS card doesn't quite cut it. Adding cards that don't require SSN to avoid that is an even worse idea because now you're REALLY opening up that door. Via a tradeline company you have ZERO direct contact with that buyer and that's ideally what you want. 

Not to mention that things are changing all the time and while there are usually rules to go by from each company, you may not always get the latest info or be updated unless you're holding that specific card live in their inventory. A lot of that info can be found here but people don't necessarily post every time there's a slight change in operation for risk mitigation or safety reasons. New and different things are almost always popping up.

Don't get me wrong, I'm not judging you about selling directly if that's what you chose to do. You'll definitely make more money per sale if you do it right. But the risks should not be underestimated.

I would personally do it if it were hassle-free, but I have too many cards AND the point of this is to make money with as little work as humanly possible - not to be trying to run my own background checks and be receiving images of people's social security cards via eBay messages or email. Think about it.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 16, 2024, 11:52:04 AM


I could probably think of another 5 or 10 risks that could be mitigated or completely avoided if I took my time but the main one  - that I think you're underestimating - is dealing with shady customers, avoiding fake identities, screening, etc.. Providing a SS card doesn't quite cut it. Adding cards that don't require SSN to avoid that is an even worse idea because now you're REALLY opening up that door. Via a tradeline company you have ZERO direct contact with that buyer and that's ideally what you want. 


Why does using cards that don't require SSN open up that door? The way I see it, if someone wants to create a fake identity with a fake SSN (aka CPN), they will add tradelines WITH that SSN. It is possible that they can use other tradelines, that don't require SSN, to add more credit history to their fake profile but only if the bureau reports for those tradelines are somehow linked to the fake SSN even though it wasn't provided in the first place. Even if it happens and the shady customer gets caught, as long as all the other details are real (name, DOB, address), the account holder who added them won't be responsible because they didn't enter the fake SSN in the first place.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 16, 2024, 12:01:30 PM

Not to mention that things are changing all the time and while there are usually rules to go by from each company, you may not always get the latest info or be updated unless you're holding that specific card live in their inventory. A lot of that info can be found here but people don't necessarily post every time there's a slight change in operation for risk mitigation or safety reasons. New and different things are almost always popping up.

Don't get me wrong, I'm not judging you about selling directly if that's what you chose to do. You'll definitely make more money per sale if you do it right. But the risks should not be underestimated.

I would personally do it if it were hassle-free, but I have too many cards AND the point of this is to make money with as little work as humanly possible - not to be trying to run my own background checks and be receiving images of people's social security cards via eBay messages or email. Think about it.

Regarding things changing all the time, you can still keep selling some TLs with reputable companies, getting updates from them, following their best practices and also selling other TLs directly. Besides, the most important changes are usually discussed here in this thread as well.

I have never sold TLs directly. Haven't decided yet if I should, either. Just trying to get more information at this point. I agree with you that selling directly can be a lot more hassle. Probably not worth it for those who just try to make a little bit of side hustle money doing as little work as possible.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 16, 2024, 08:25:01 PM


I could probably think of another 5 or 10 risks that could be mitigated or completely avoided if I took my time but the main one  - that I think you're underestimating - is dealing with shady customers, avoiding fake identities, screening, etc.. Providing a SS card doesn't quite cut it. Adding cards that don't require SSN to avoid that is an even worse idea because now you're REALLY opening up that door. Via a tradeline company you have ZERO direct contact with that buyer and that's ideally what you want. 


Why does using cards that don't require SSN open up that door? The way I see it, if someone wants to create a fake identity with a fake SSN (aka CPN), they will add tradelines WITH that SSN. It is possible that they can use other tradelines, that don't require SSN, to add more credit history to their fake profile but only if the bureau reports for those tradelines are somehow linked to the fake SSN even though it wasn't provided in the first place. Even if it happens and the shady customer gets caught, as long as all the other details are real (name, DOB, address), the account holder who added them won't be responsible because they didn't enter the fake SSN in the first place.

Well you previously said:

"The risk of dealing with shady customers w/o real SSN can be mitigated by requiring SSN cards and/or using credit cards that don't require SSNs to add TLs. "

I interpreted that as saying "You could just not ask them for SSN and simply sell your tradelines of the card issuers who don't require an SSN."

If that's the case, think about the reason that tradeline companies require a SSN from buyers and do background checks in the first place. In short, you'd be adding more risk if I'm correct.

Like you, I've never sold my own tradelines directly either.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 16, 2024, 08:42:27 PM

Not to mention that things are changing all the time and while there are usually rules to go by from each company, you may not always get the latest info or be updated unless you're holding that specific card live in their inventory. A lot of that info can be found here but people don't necessarily post every time there's a slight change in operation for risk mitigation or safety reasons. New and different things are almost always popping up.

Don't get me wrong, I'm not judging you about selling directly if that's what you chose to do. You'll definitely make more money per sale if you do it right. But the risks should not be underestimated.

I would personally do it if it were hassle-free, but I have too many cards AND the point of this is to make money with as little work as humanly possible - not to be trying to run my own background checks and be receiving images of people's social security cards via eBay messages or email. Think about it.

Regarding things changing all the time, you can still keep selling some TLs with reputable companies, getting updates from them, following their best practices and also selling other TLs directly. Besides, the most important changes are usually discussed here in this thread as well.

I have never sold TLs directly. Haven't decided yet if I should, either. Just trying to get more information at this point. I agree with you that selling directly can be a lot more hassle. Probably not worth it for those who just try to make a little bit of side hustle money doing as little work as possible.

I never said you couldn't do that theoretically. You could do a number of things. If you're inclined to do it than do it and report back.

I know at least a handful of companies require/request (although it's not like they can prevent you from doing what you want) that any cards you sell with them be limited to selling with them.

For example, let's say you have 1 card and decide to sell 2 slots with company A and two slots on eBay. If there is a non-posting issue or a closure, they should be able to investigate and find out if you get paid still, or whether or not to refund the client, and at the end of the day I assume they want to have some level of control over what's been going on with that tradeline. And if you only have one capital one card and an announcement goes out to all capital one holders, great. But if you're not splitting that line between the company and selling direct, you may not receive that info in time, or at all.

Again, IMHO it just seems to complicate things. I could care less what other people do but this is easy money and I like the setup I've got and I don't want to dedicate a lot of time to the processes themselves. It's more enjoyable to talk about it and discuss tradelines than it is to deal with the problems that IMO would potentially arise for me by selling them myself, direct to a buyer. Everything that @secondcor521 posted was much more informative and succinct than what I'm telling you now... and he used a lot less words to explain it. 
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 17, 2024, 07:35:52 PM

I interpreted that as saying "You could just not ask them for SSN and simply sell your tradelines of the card issuers who don't require an SSN."

If that's the case, think about the reason that tradeline companies require a SSN from buyers and do background checks in the first place. In short, you'd be adding more risk if I'm correct.

Like you, I've never sold my own tradelines directly either.

I don't disagree but I also don't have enough information to come to a conclusion. Do you know why exactly adding TLs w/o SSN could be even riskier for the seller than adding them with SSN? Like I mentioned before, if you don't even enter a SSN you're not responsible even if the SSN turns out to be fake and the shady customer gets caught. Or am I missing something?
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 18, 2024, 12:35:11 PM
I wouldn't assume you'd need to be worried about ending up in federal prison, for example, but I'm talking about the increased potential for the tradeline not posting or your card being closed.

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 18, 2024, 01:34:40 PM
I wouldn't assume you'd need to be worried about ending up in federal prison, for example, but I'm talking about the increased potential for the tradeline not posting or your card being closed.

Both of those risks you mentioned are insignificant compared to unknowingly getting involved in some kind of fraudulent scheme.

In my experience, the risk of non-posting with cards that don't require SSN to add AUs is about the same, if not less, than with those that do. This is based on selling TLs with TL companies. I don't see why it would be any different with direct sales. I mean relatively speaking. The absolute risk may be somewhat higher regardless of which cards you use.

About account closure, I think it's common knowledge that if you sell TLs, you should be prepared for the accounts you use to be closed at some point, in some cases even for all accounts to be closed with the same bank. Good Company mentions that in their documents as well.

You wrote that you can think of "another 5 or 10 risks" related to selling TLs directly but never mentioned any of those risks. You also mentioned that using cards that don't require SSN for direct sales would "really open up that door". Can you provide more details and your reasoning to support these statements?

Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 18, 2024, 02:30:48 PM
I wouldn't assume you'd need to be worried about ending up in federal prison, for example, but I'm talking about the increased potential for the tradeline not posting or your card being closed.

Both of those risks you mentioned are insignificant compared to unknowingly getting involved in some kind of fraudulent scheme.

In my experience, the risk of non-posting with cards that don't require SSN to add AUs is about the same, if not less, than with those that do. This is based on selling TLs with TL companies. I don't see why it would be any different with direct sales. I mean relatively speaking. The absolute risk may be somewhat higher regardless of which cards you use.

About account closure, I think it's common knowledge that if you sell TLs, you should be prepared for the accounts you use to be closed at some point, in some cases even for all accounts to be closed with the same bank. Good Company mentions that in their documents as well.

You wrote that you can think of "another 5 or 10 risks" related to selling TLs directly but never mentioned any of those risks. You also mentioned that using cards that don't require SSN for direct sales would "really open up that door". Can you provide more details and your reasoning to support these statements?

I don't know what type of game you're trying to play here, but I'm not interested.

You specifically said:

"The risk of dealing with shady customers w/o real SSN can be mitigated by requiring SSN cards and/or using credit cards that don't require SSNs to add TLs."

Why would you be getting involved in some type of fraudulent scheme if you're not adding their social security number as you previously suggested? Well, because YOU DON"T KNOW that you're getting involved in a fraudulent scheme, possibly due to failing to discover it, or, as you mentioned, simply not worrying about it - because you wrote generally exactly that when you said:

"if you don't even enter a SSN you're not responsible even if the SSN turns out to be fake and the shady customer gets caught."

And now at this point in time I don't really know what you're doing apart from trying to grill me with questions. You literally just went full circle and contradicted all your previous statements by saying:

"Both of those risks you mentioned are insignificant compared to unknowingly getting involved in some kind of fraudulent scheme."

Wait...... I thought you said you wouldn't be responsible??????

Dude, I am not an attorney, a financial advisor, or a tradeline company. I don't have the advice you require and I'm not confident that you even require any advice. It genuinely feels like you're trying to play dumb and then come out ahead by claiming I owe you answers.

Sounds like you're trying to pick a fight. I'm not interested in that and I don't owe you any response. I was trying to help and you're wasting my time. Maybe unintentionally. If so, no big deal.

Hopefully someone else will chime in who can provide you with the answers you seek. @secondcor521 seems very knowledgeable and this thread was made by @arebelspy who deals directly with the companies recommended here. If they are unable, I'm sure someone else will help you.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: Padonak on March 18, 2024, 04:36:49 PM
@WayDownSouth I just thought that when someone writes with a condescending tone and mentions that they know much more than I do (e.g. 5-10 risks I can't think of), they know their stuff. That's why I gave you the benefit of the doubt and asked you to elaborate. I'm willing to swallow my pride and listen when someone can teach me something useful. Clearly, you can't, and all that condescension, big claims and strawman arguments are just smoke and mirrors

Anyway, I'm still not sure I should start selling TLs directly. For now, I'll just keep working with TL companies. Everyone else, sorry for derailing this thread.
Title: Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
Post by: WayDownSouth on March 18, 2024, 04:51:10 PM
@WayDownSouth I just thought that when someone writes with a condescending tone and mentions that they know much more than I do (e.g. 5-10 risks I can't think of), they know their stuff. That's why I gave you the benefit of the doubt and asked you to elaborate. I'm willing to swallow my pride and listen when someone can teach me something useful. Clearly, you can't, and all that condescension, big claims and strawman arguments are just smoke and mirrors

Anyway, I'm still not sure I should start selling TLs directly. For now, I'll just keep working with TL companies. Everyone else, sorry for derailing this thread.

I didn't say anything condescending. You're trying to put me on the spot simply because I said I could probably think of another 5 to 10 reasons (which are not relevant at this point), and you ran full circle in complete contradiction to yourself. Please read what I wrote to you again.

I was trying to help you out because I thought you had genuine questions. Then you put yourself into a hole. Now you are apologizing while trying to dump blame on me? Give me a break, man.. With all due respect I don't see a reason for anyone to have sympathy for that crap.

BTW feel free to highlight "all that condescension, big claims and strawman arguments" that you claim I posted in response to you.

It never happened. I'll take the blame here and apologize for derailing the thread since I should have not even replied.