How Do You Create A New Credit File?
Creating a new credit profile is a way to parallel your current credit standing and personal debt profile. A second credit profile will not relinquish your responsibility to your current debts and financial responsibilities, but it will create an alternate profile. The only legal method to create a second profile is through a Federal Tax ID number, usually created through a new business. Understand that a new credit profile does not release you of your requirement to maintain, pay and monitor your personal credit file. A new credit profile is simply that: a second profile that further illuminates your pay history and financial responsibility. Develop a business idea and begin to write up a plan that will lead to a profitable, sustainable venture. Without a solid business idea, a plan for growth and revenue, and a model that shows that the idea will have permanence and viability in its market, you’ll be unable to obtain a Federal Tax ID number. Visit the IRS website in “Additional Resou
