| Have you ever seen on Craigslist or other sites that | | | | security administration gave you. You're also using this |
| offer CPN numbers as a way to get around your bad | | | | number to apply for credit. This is committing fraud. |
| credit? Do not consider this as an option. CPN | | | | You're also buying tradelines that you never owned |
| numbers are illegal and they don't work. A CPN | | | | which is also fraud. Do not purchase a CPN number |
| number looks like your social security number but will | | | | because this will only cause you problems in the end |
| take you straight to jail behind bars. The credit repair | | | | when the government catches up with you. CPN |
| companies offering you this product because you will | | | | number is an illegal method and never the way to go |
| get into trouble and not them when obtaining credit. | | | | when starting your own business. You're basically |
| Establish business credit! | | | | asking for trouble later on by going that way. A CPN |
| You buy the number and then go online and apply for | | | | number is not like a Paydex number or EIN number |
| a few major credit cards with an address and phone | | | | that is for corporations. Those kinds of numbers are |
| number and employment that you have never applied | | | | for businesses and they're legal numbers. Companies |
| for credit with before. You have to use your real | | | | that sell CPN numbers are fraudulent and a waste of |
| name with this CPN number though. You will be turned | | | | your hard earned money. |
| down because it will obviously have a blank credit | | | | There is an alternative. There's no need to use your |
| report and an inquiry will be sent to the credit bureaus | | | | own personal credit to apply for loans or start your |
| when that happens. | | | | business. There are legal companies that can help you |
| Then you'll have employment, name, address, and | | | | start up your business with its own business credit. |
| inquiries on the new report. When that happens you | | | | Within 60 days, your business will be up and running |
| can then purchase seasoned tradelines and then | | | | with its own credit without using your personal credit or |
| they're applied to your new credit report. With your | | | | personal guarantees. |
| new credit report you can then apply for the credit | | | | Establish your business credit the legal way. Don't try |
| cards once again. When you apply for a new credit | | | | to fraud credit card companies by thinking that you'll |
| card this time, your score will then be 700+. This is | | | | come out in front at the end. Don't jeopardize your |
| now illegal. | | | | business by handling your finances the illegal way. |
| The reason that using a CPN is illegal is because | | | | Shelf corporation without a personal guarantor or a |
| you're using a different number then what the social | | | | CPN number is the biggest myth online. |