Wholesale Tradelines—Learn What You Are Really Buying for the Price (2024)

When searching for seasoned authorized user tradelines, you’ll probably see a lot of companies promising “wholesale tradelines.”

What does it mean if a company offers “wholesale tradelines?” If a tradeline company says they have wholesale tradelines, does that mean they have the best tradeline prices? Or is this term more of a marketing gimmick than a useful indicator of a tradeline company’s pricing?

Keep reading for our perspective on the topic of wholesale tradelines.

What Is the Definition of Wholesale Tradelines?

To begin, let’s define the word “wholesale.” If something is described as wholesale, that typically means it is being sold in large quantities to be resold by others, such as retailers. In other words, it is usually not sold to the end consumer.

Therefore, “wholesale tradelines” would seem to mean tradelines that are not sold directly to consumers, but to other people or businesses who then resell the tradelines to the end consumers.

However, in reality, many companies simply use this buzzword as a substitute for the word “cheap,” which is not only inaccurate but often intentionally misleading.

Marketing Tactics Used Within the Tradeline Industry

If you look at the prices of the companies boasting wholesale tradelines, what do you notice? Do they really have better prices?

Most of the time, the prices are on par with what you might expect from any other tradeline company.

However, if you are a tradeline broker, they may try to entice you with a broker “discount” of up to 50%.

Wholesale Tradelines—Learn What You Are Really Buying for the Price (1)

Although you may see companies offering 50% off tradelines, it’s important to determine your bottom line dollar amount.

That 50% off sounds appealing until you consider the fact that even with the 50% off discount applied, those tradelines might still be more expensive than tradelines of the same quality at a company that has truly fair pricing to begin with.

For example, we often see competitors selling tradelines for $1,500 while our normal price for that same tradeline is around $600. Then, if you buy into the 50% off program you would then get that tradeline for $750. In this case, our regular pricing is still cheaper, even without a discount.

So would you rather go for the 50% off deal for $750 or just buy from us at $600? Additionally, if you are a broker at the 30% off level with us, you would get that same tradeline for $420.

In this example, our pricing is actually 72% lower than the competition’s pricing, but we don’t need to use that style of advertising when we know our pricing is lower than most other companies in the first place.

Tradeline Broker Programs

While many tradeline companies do offer tradeline reseller discount programs, these programs are typically quite expensive to join. We have seen fees ranging from $499 to nearly $3,000 to join these broker programs.

If you have to pay that much money in order to get a discount on your tradeline orders, then what are you really gaining?

In contrast, at Tradeline Supply Company, LLC, it is completely free to be a broker representative and even to join our White Label broker program. Our brokers get discounts of up to 30% off all tradeline orders depending on their sales volume.

Our prices are already some of the lowest in the industry, and with an extra 30% off on top of that, our pricing should be very difficult to beat, despite any “wholesale” advertising gimmicks other companies may try to offer. In fact, our margins are very slim at this level of discount which goes to show that our prices are as low as we can possibly make them.

Wholesale Tradelines—Learn What You Are Really Buying for the Price (2)

Plus, even customers who are not tradeline resellers can use our package deal discount to save up to 30% on tradeline packages.

While other tradeline companies may offer discounts that seem bigger at first glance, their prices also often start much higher. Our lower starting prices mean our customers and brokers get the best value for their money, especially considering that our prices include a money-back posting guarantee. That’s why we don’t need to use gimmicks or deceptive tactics to market our tradelines.

Conclusions on Wholesale Tradelines

If you are looking to buy tradelines wholesale, you really need to look carefully at what your final price will be so you can compare apples to apples. For example, when you see the 50% off sale at the high-priced retailer at the mall, you often realize that it is still more expensive than purchasing the same item for at a discount store or on the internet.

Additionally, imagine how you would feel if you bought into a “discount” program that cost you thousands of dollars and then you find out that the company decided to increase their prices to offset that discount. All of that money would have essentially been wasted.

It is important to be able to see past the marketing claims and flashy discount programs. Make sure to think through your tradeline purchase, compare bottom line prices, and do the math for yourself to make sure you are getting the best deal possible.

Wholesale Tradelines—Learn What You Are Really Buying for the Price (2024)

FAQs

Are buying tradelines legit? ›

While it's technically not illegal, buying a tradeline isn't exactly ethical either. Many creditors consider it to be misrepresentative, and the practice poses some risks for borrowers, like identity theft.

What happens when you buy a tradeline? ›

Buying tradelines can lead to a quick boost in your credit scores. Once you've been added to someone's credit card, the entire payment history of that account will likely appear on your credit reports.

What are the risks of selling tradelines? ›

Fraud Risk

There is always a risk of bank fraud when dealing with financial transactions. In selling tradelines, if an authorized user engages in fraudulent activities. It could reflect on the primary account holder and impact their credit score.

Can I use a tradeline to buy a house? ›

An important financial term that is often overlooked is the "tradeline." A tradeline simply means that you have an open line of credit that has been active within the past 1 to 2 years. If you are looking for a loan from the Federal Housing Authority (FHA), you will need at least two open tradelines in your credit mix.

Are buying tradelines illegal? ›

There is no specific federal law that outright prohibits the sale of tradelines. But, lenders and credit reporting agencies frown upon the practice. That is because it can manipulate the credit scoring system.

How much will a tradeline boost my credit? ›

Positive Impact: Tradelines with a positive payment history on accounts in good standing can be beneficial. They can Increase the number of credit lines you have, which factors into your credit mix (10% of your score). Lengthen your credit history, especially if the tradelines are seasoned accounts (15% of your score).

How fast do Tradelines work? ›

Trade lines may show up on your credit report as soon as 15 days after the time of purchase. Alternatively, a trade line may be delayed on showing on your report up to 45 days depending on the timing of the purchase.

How do you make money from tradelines? ›

People make money by selling their authorized user tradelines. While you may not reach earning $1,000 per hour, you may earn a side income. There are some risks that come with selling tradelines, such as potentially getting your account shut down if you add to many authorized users.

How long do purchased tradelines stay on your credit? ›

Tradelines can stay on your credit for up to 10 years, depending on whether they are closed or remain open, and whether they were closed in good standing or due to non-payment.

What do people use tradelines for? ›

Tradelines represent things such as credit accounts, loans and collections on credit reports. There are nuances in how credit bureaus display tradelines. Tradelines and credit reports directly affect credit scores. Tradelines can also be used to judge things such as credit applications.

Does removing a tradeline hurt your credit? ›

If the account is in good standing, the removal could negatively affect your credit score. If the account is not in good standing because of a high credit utilization ratio, history of late or missed payments, or any other reason, the removal could help improve your credit score.

How many tradelines should you have? ›

There is no perfect number of tradelines, but if your goal is to build business credit, you will probably want to make sure your business credit report lists at least two to three accounts reporting to business credit bureaus.

How many tradelines do I need to buy a house? ›

At least three Tradelines, whether or not on the credit report, or. If a Borrower does not have three Tradelines, at least four Noncredit Payment References or a total of four Tradelines and Noncredit Payment References.

What are some good primary tradelines? ›

Examples of primary tradelines you could apply for include credit cards, auto loans, home loans, or any line of credit on which you are the primary account holder. This is a foundational step in building a balanced mix of credit. A mortgage in your name is one example of a primary tradeline on your credit report.

Can lenders see tradelines? ›

The tradelines in your credit report are used primarily for calculating your credit score. But lenders also look at your tradelines when reviewing your credit application. For instance, if you have a high balance on a credit card, a lender will note your credit limit to determine your credit utilization.

How long does it take a tradeline to hit your credit? ›

Trade lines may show up on your credit report as soon as 15 days after the time of purchase. Alternatively, a trade line may be delayed on showing on your report up to 45 days depending on the timing of the purchase.

Do tradelines give you money? ›

People make money by selling their authorized user tradelines. While you may not reach earning $1,000 per hour, you may earn a side income. There are some risks that come with selling tradelines, such as potentially getting your account shut down if you add to many authorized users.

Is it illegal to add tradelines to your credit? ›

Anything can be abused, so tradelines could be illegal if they were used fraudulently. Being added as an authorized user is perfectly legal.

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