Adding strangers as authorized users on credit cards has become a lucrative side hustle for individuals with stellar credit profiles, allowing them to earn money by renting out their creditworthiness to others. This practice, known as selling tradelines, involves matching people with poor credit to those who have established credit histories through companies like Tradeline Supply Company. These buyers pay to have their names added as authorized users, gaining the benefits of the good credit score without actual access to the credit line. Despite its potential to help improve credit scores temporarily, this strategy carries significant risks including potential fraud, violation of credit card agreements, and the possibility of aiding fraudulent activities. Critics argue that while it’s not technically illegal, the practice skirts ethical boundaries and poses risks for both parties involved.
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