How can people legally get a new credit file?
They cannot. Period. Yes, there are many sites that state that they can, but they are misrepresentations. The three credit bureaus use sophisticated computer modeling techniques and algorithms to ensure that if they do anything they are LEGALLY allowed to do, they cannot beat their systems. They can work around their address and name controls legally, but the social security number is a difficult one to overcome. They willl need to adjust the truth slightly to beat this control. If it was legal, there wouldn’t even be a point to credit bureaus existing. The majority of people will never bend the law even slightly with something as important as credit, and these people represent little risk. However, you will need our book to investigate creative individuals. Feel free to read the common myths about consumer credit files.
Related Questions
- Some people have complained they were efused a loan because of information held on file by a credit reference agency. In such circumstances, what power does the individual have?
- Can people who lived/ are living at the same address who are not legally married file for housing assistance separately?
- How can people legally get a new credit file?
