Not too long ago, I wrote about "piggybacking" credit. This is a trick that has been used by the real estate industry for years. If your credit is blemished, they ask you to find someone with excellent credit to add you to one of their accounts as a user. This will boost your credit history within 90 days. The site http://www.tradelinebroker.com has turned piggybacking credit into a lucrative business. Anyone can improve their credit score considerably by paying for this service.
Now, this same company is looking for individuals with excellent credit histories. They pay people to add users to their credit cards.
What are the requirements?
The following is taken for the http://www.tradelinebroker.com
Must own and have open at least 1 account that meet the following criteria:
Accounts must be at least 2 years old
Must be major Credit Card accounts
Perfect payment history required
Credit report from all 3 bureaus must be obtained every 90 days.
All accounts must have a minimum credit limit of $5,000
What do you get out of it?
All members are paid $50-$150 for every client of ours who purchases 1 Authorized User account. Total workload is roughly a 5 minute phone call to your credit card company, per authorized user. Most of our clients purchase 3 - 4 Authorized User accounts, so if you have 3 - 5 accounts that meet the criteria, you would be paid $150 - $450 for 20 minutes of work! Some of our card holders maintain 10-20 good credit cards, some with an unlimited # of authorized users that can be added, and make in excess of $2000 a week.
Is it legal?
Yes. The people at http://www.tradelinebroker.com state it's safe too. You earn money for this service and the client is not aware of the account holder. The client is paying a considerable amount of money to increase their credit rating, so I believe that it must filter the type of people that are eigible.
If you are looking for an easy way to earn some extra income to get out of debt, pay off your mortgage, car loan or finance a much needed vacation-this may be a great alternative.
I would love to try this service, so that I could give you a more accurate review. Unfortunately, I can't fulfill the requirements. Don't think I won't try to in the future. This may be a great way to earn some extra money for my kids' college costs in the future. They are getting older everyday and college expenses will be approaching quickly!
** I use every service I review. I am not able to use this one for obvious reasons. Please, be sure to research with the BBB bureau for more indepth reviews.**