All You Need to Know if You Want to Generate Passive Income Selling Tradelines

Posted on 05 August, 2020 by Miranda Bottas in Passive Income Selling Tradelines

All you need to know if you want to generate passive income selling tradelines

Everything You Need to Know to Earn Passive Income Selling Tradelines

Going into the businessof selling tradelines can make you wonder if the time and effort required are worth the outcomes. Some are curious if earning thousands of dollars per hour by selling tradelines is actually possible. We're here to clarify that yes, it is.

If you choose to sell authorized user tradelines, the commissions are generally range between $50-$350 for each one sold. You are adding users to your credit card(s), and are getting paid for doing so with doing practically no work. It takes around two minutes to enter your account online and add someone as an authorized user, and another two minutes to remove them. So, for a total of about four minutes, getting paid the average commission (around $150), is a pretty good deal. Earning $150 per four minutes comes down to earning $2250 per hour, which is already a big amount of money. Imagine earning $350 per spot if the tradelines you're selling are exceptional. It's all done online with a click of a mouse and a little bit of motivation.

So, yes. It is possible to make what equates to thousands of dollars per hour of passive income simply by selling tradelines.

Is it safe to sell authorized user tradelines?

While selling tradelines may seem as a good way of making money, there are some risks involved. The first important thing to understand is that you need to be patient to be patient and not become greedy. If you decide to sell an excessive amount of AU spots on your credit cards, your bank might begin to frown upon your use of the credit line they've given you and decide to close or limit your account. The good news is you can always take a break from selling tradelines and restart the process later.

 

The second important fact to understand is that the process is completely legal. There’s no lying involved, and if everyone agrees to the terms and conditions, then it is a safe process. Moreover, the credit card companies will only send the authorized user's card to the primary account holder’s address. This means the secondary user does not receive any information about the credit card, the partner, their account, and is not able to make any type of purchases whatsoever. They will never receive a physical card, nor access to your account. The process for them is completely anonymous and the only benefit they gain is an improved credit score. On the other hand, the seller of the tradeline does receive the information of the buyer, which is required to add them as an authorised user to begin with.

With the simple understandings mentioned above, selling tradelines from your credit cards is a safe, legal, and completely legitimate way to earn residual income for a very small amount of work.

Why aren’t more people involved in selling tradelines? 

As surprising as it may sound, a large percentage of the population is not familair with the process. It is certainly not a very broad topic, and historically the practice was used primarilly among the wealthy to assist their children or family members in acquiring excellent credit. Additionally, many people do not have great credit cards scores that they can share with others. Among those who do, many remain unaware to the process or simply may not be willing to share it with others.

If you are willing to share your credit score(s) and are interested in selling tradelines, you can visit our website for more information. If you're in doubt or have questions, and we’ll be more than happy to answer any questions you might have regarding the process.

what are authorized user tradelines