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Frequently
Asked Questions
Is it legal?
Yes!
The manual describes the same techniques used by attorneys. This program
however, is not intended to defraud or scam current creditors. Even though
you will have a new credit file, you are still responsible for the debts
on your old file.
What can I
use the new credit file for?
Use
it to get major credit cards, department store cards, gas cards, auto loans,
bank loans, mortgages, any type of financing you desire. There is no difference
between how you used your old credit file and the new one, other than your
new file is clean/empty.
What happens
to my old file?
Your
old file still exists, and creating a new file is not intended to escape
past debt. It is simply a means of getting a second chance. The manual
will also explain how to avoid getting the new file mixed with the old.
Is the new
file temporary?
No!
The new file is permanent! This is why it is so important to take care
of your new credit file. There are no third chances!
How does it
work?
The
credit bureaus admit they have over 300 million files on record. Yet there
are just over 100 million people in the US! Where did the extra files come
from? In the early 1990's an attorney in Los Angeles discovered a loophole
in the credit reporting system. It seemed that some people had more than
one credit file! He did some investigating, and learned how the new files
were created. If a person applied for credit as John Doe, it pulled up
that persons regular file. But if that same person applied for credit as
Johnathan Doe, or John (middle initial) Doe, it created a new file! They
didnt even go by Social Security Number! The credit bureaus would rather
create a new file than take the chance of getting 2 different peoples mixed
up! *Note* If you are thinking of just running out, getting a credit application,
and trying this, don't. It is illegal to falsify a credit application.
What I have explained is just the tip of the iceberg. It is a much more
complicated process. Trying it on your own will just get you denied, and
another negative inquiry on your report!
Can I really
have a new credit file?
Yes!
As long as you have not changed your Social Security Number before, or
previously opened a second credit file, YOU can get a second chance!
How much will
it cost after I buy your manual?
Nothing!
The process itself is free! Your only cost is the manual. Once you learn
how to do it, you can even show your family or friends how!
We do not repair
your credit. We simply provide you with information that others
have used in the past to obtain credit. Here is a statement the FTC
requires all credit repair companies to post to their customers.
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