Blog Page four

  Part 1 The most constant thing in the world is change. Sometimes drastic--think major life events, natural disasters, etc...and sometimes subtle and slow--think erosion, paint drying, etc. Credit is one of those things that change gradually over time, hopefully a slow steady rise to elite territory (760+) and staying there...but credit can also drop drastically if you miss a payment on your credit card, mortgage, etc.  You can get your credit to jump quickly, with tradelines, which are credit cards that report authorized users. Perhaps you’ve heard of them. “Piggybacking” is the official term, as you are using someone…

  Fifteen years ago on December 26th, a giant tsunami flattened the islands of Nicobar and Andaman in the Bay of Bengal. The causal earthquake was the 3rd biggest ever recorded. It was the deadliest tsunami in history, killing 230,000 people across 14 countries. But a week or so after the tsunami, members of the ancient Jarawa tribe on Nicobar made contact with the local government, informing that all 250 members of their tribe had survived. They would not say how they survived, but anthropologists postulated the tribe’s knowledge of movement regarding the wind, sea, and birds. What does this…

  You are a financial professional. Maybe you clean credit. Maybe you’re a loan officer. Maybe you’re an accountant, a lender, a renter. Hell you could be anything in the business world and have credit be somehow relevant.  A great credit score is something everyone wants, but having credit that can at least get qualified is, in a lot of cases, what many people need. So if you are someone who is a broker selling tradelines, what are the big things you need to know in order to be able to sell tradelines effectively? Do Tradelines Still Work?   You’re…

  The world of tradelines is a funny thing. There are no rules, no regulations. An authorized user trade line is simply a credit card with available AU spots that someone, or some company, offers as a product (in essence renting the data) for a set period of time. Unlike almost any area (e.g. loans, investments) in the financial sector, you don’t need a special license to sell them--in fact here’s a little hint, if you call us and say the phrase “broker license” it’s a dead giveaway that you have no clue what you’re doing. There is no broker…

  These days it’s important to maintain your wits about you regarding who you do business with. At this point we are all (hopefully) aware that if a Nigerian Prince wants to give you a million dollars but needs $1,000 to secure a boat ride for the diamonds or cash or whatever, we know that’s no good. Scams take on many forms, nickel and dime stuff to bigger and perhaps even becoming famous for all time--see Victor Lustig, the Austrian-Hungarian who “sold” the Eiffel tower. If you’re looking into adding tradelines, you won’t be taking part in anything so grand,…