There’s an exciting new industry where it’s possible to help others while also making a little money yourself. When you become an approved supplier at toptradelines.com, you can use your excellent credit history to help improve the credit of others. Basically, the way it works is that you will create approved user accounts on one or more of your credit cards. For every user account you add, you will receive a predetermined fee.
Am I Eligible to Participate?
First and foremost, you must have excellent credit. Every credit card account that you enter into the program must be at least 2 years old and have a flawless repayment history. That means that there haven’t been any 30-, 60-, or 90-day late payments. In addition, the current outstanding balance on the card must be less than 10% of the credit limit. This is often referred to as the debt ratio. These requirements must be maintained the entire time the card is part of the program.
What Are My Responsibilities?
Once one of your accounts has been chosen, you have some basic tasks that you need to perform.
- Add each client as an approved user
- Submit your credit card statement to toptradelines.com
- Add and remove accounts (monthly)
- Update toptradelines.com on any changes (monthly)
What are my risks?
You have virtually no risk. Toptradelines.com carefully controls the flow of information and only requests information from you that is absolutely necessary for the process. You will never need to provide your social security number, nor will you need to give your full account number. Also, you never directly contact the client. The only information that the client will have about you is your billing address, which appears on the client’s credit report. If this is a concern, you can switch to a PO Box.
How Much Can I Earn?
You can realistically earn anywhere between several hundred and several thousand dollars per month. It all depends on how attractive your credit card accounts are, how many accounts you have, and how many authorized users you’re willing to add.