How To Create A New Credit Profile, Obtain New Credit, And Rebuild Your Old Credit

by The Credit Specialists

Learn the proven method to create a new credit profile that passes the credit bureau verification tests.* * TABLE OF CONTENTS * *Why We Wrote This BookHow This Book Can Help You1. Establish a new credit profile that passes the credit bureau verification tests2. Obtain new credit using your new profile3. Build a credit score of 700 or higher in 12 months4. Minimize creditor harassmentThe 3 Steps to Success1. Establish new personal information2. Apply for secured credit cards3. After one year, convert secured cards to unsecuredOld Credit Profile vs. New Credit Profile1. Build a wall around your old information2. Never mix your old and new informationManaging Old Credit Problems1. Forwarding mail to a PO box2. Establishing a new phone number3. Updating lender accounts onlineEstablishing Your New Information1. Obtain copies of your existing credit reports2. How to establish a new residence address3. How to establish a new email address4. How to establish a new phone numberEstablishing a Slight Variation of Your Name1. Review the names on your old credit reports2. How to modify your first name3. How to modify your middle name4. How to pay new credit cards with an old bank accountShould I use an SSN, an EIN or a TIN/ITIN?What is a CPN?Creating a Virtual SSN1. First 3 digits (State)2. Middle 2 digits (Group)3. Last 4 digits (Serial)4. Determining your age5. Generating your new virtual SSN6. Establishing your birthdayEstablishing Your Salary and Expenses1. Look like a recent college graduate2. Understand the DTI ratio3. Do you rent or do you own?4. How long have you lived at your current address?5. What kind of car do you have?6. Determine your profession and salary7. Determine other sources of income8. Determine your employer nameApplying For A Credit Card1. Start with a secured credit card2. No-fee cards preferred3. Avoid credit unions and retail store cards4. Apply for cards that include free monthly credit scores5. Only use your new information when you apply6. You have both a checking and saving account7. You rent instead of own8. You have lived at your address for more than two years9. You have very low or no monthly debt payments10. You are currently employed11. You have no other sources of income12. Security deposit amount13. What happens if my application is declined?Managing Your New Profile1. Give as little information as possible to creditors2. When to never use your new profile3. Convert secured accounts to unsecured after one year4. Pay off each card in full each month5. Understand how FICO scores work6. Wait 6 months between credit applications7. Give yourself a pay raise every year8. Ask for an annual credit limit increase9. Put a security freeze on your credit reports10. Closing an accountManaging Your Old ProfileOther Items1. Should I update my photo ID and bank account?2. What about car loans and apartment rentals?3. The 7 year limit on negative items4. Should I file for bankruptcy?5. Time-barred collection of old debts6.

34 pages, Kindle Edition

Published April 13, 2020

Reviews

[Melva Blackburn · Rating 4 out of 5]

Interesting read

Very interesting topic. Not sure how legal it is and not enough info on how to pay the original debt off. Would be unable to if already really behind on old accounts. And I would like to pay my debts off.

[Dennis Berman · Rating 5 out of 5]

STRAIGHT FORWARD , LOGICAL , EASY TO READ AND PROCESS


This book is easily understood .The information is very useful for anyone with unsolvable credit issues.
The step by step directions are GREAT!
WHY ? BECAUSE THEY WORK !

[Jorge Rodriguez · Rating 1 out of 5]

Unethical Book

I find the information about obtaining a new credit profile highly unethical. The tactics used are scams.
Don’t recommend it.