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Updated 5 months ago on . Most recent reply

User Stats

2,650
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Kerry Noble Jr
  • Investor
  • Indianapolis, IN
1,098
Votes |
2,650
Posts

Anyone sell tradelines?

Kerry Noble Jr
  • Investor
  • Indianapolis, IN
Posted

Does anyone run a tradeline business? I used to have one of my credit cards on file with a smaller tradeline company........until the owner got greedy with what she wanted to pay me for my card.......I would love to get my tradelines back out there and generate some side income....just looking for more tips on where to market and network with indviduals that need tradelines.......any info is appreciated.

  • Kerry Noble Jr
  • Most Popular Reply

    User Stats

    226
    Posts
    178
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    Jason Bohling
    • Rental Property Investor
    • Boise, ID
    178
    Votes |
    226
    Posts
    Jason Bohling
    • Rental Property Investor
    • Boise, ID
    Replied

    @JD Martin it can actually help tremendously. I have both of my kids listed as authorized users on my cards. Because of that they’re in their early 20’s with scores in the 750’s (mine are all above 800).. As long as I maintain good credit, my good credit will blend  with whatever credit they establish on their own to generate their score. However, the moment I take them off as authorized users, it removes it from their profile and their scores will drop. They never received the cards, I keep them, so there’s no danger of them ever using them on anything and they get the benefits of the higher score. 

  • Jason Bohling
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