• Report: #127647

Complaint Review: Experian - TransUnion - Equifax

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  • Submitted: Sun, January 16, 2005
  • Updated: Thu, March 27, 2008

  • Reported By:Colorado Springs Colorado
Experian - TransUnion - Equifax
Nationwide U.S.A.

Experian - TransUnion - Equifax Using Metro 2 Software, you can add fake credit accounts to your credit file RIPOFF Atlanta Georgia, Chester Pennsylvania, Allen Texas Nationwide

*Consumer Comment: Another question?

*Consumer Comment: Angela or anybody please HELP!!!!!

*Consumer Comment: Angela or anybody please HELP!!!!!

*Consumer Comment: Angela or anybody please HELP!!!!!

*Consumer Comment: Angela & or Anybody please HELP!!!!!!!!!

*Consumer Comment: You are all funny

*Consumer Comment: TO ANGELA AND OTHERS - HELP

*Consumer Suggestion: want in

*Consumer Comment: HELP ME DO THIS

*Consumer Suggestion: Another option

*Consumer Suggestion: Attorneys Wanted

*UPDATE EX-employee responds: Please Let Me Know How To Do This

*UPDATE EX-employee responds: Please Let Me Know How To Do This

*UPDATE EX-employee responds: Please Let Me Know How To Do This

*UPDATE EX-employee responds: Please Let Me Know How To Do This

*Consumer Comment: WHAT IS ONE TO DO?

*REBUTTAL Individual responds: CREDIT MYTHS

*REBUTTAL Individual responds: I need some direction on how to find access codes

*Consumer Comment: metro 2

*Consumer Suggestion: Also

*Consumer Comment: credit score info

*Consumer Comment: sure

*Consumer Suggestion: two wrongs do make a right

*Consumer Suggestion: two wrongs do make a right

*Consumer Suggestion: two wrongs do make a right

*Consumer Suggestion: two wrongs do make a right

*Consumer Comment: To Jennifer.

*Consumer Comment: Fico scoring

*Consumer Comment: About the Utilities

*Consumer Comment: You pay no interest

*Consumer Comment: You pay no interest

*Consumer Comment: You pay no interest

*Consumer Comment: Extension of credit has absolutely nothing to with interest

*Consumer Comment: Extension of credit has absolutely nothing to with interest

*Consumer Comment: Extension of credit has absolutely nothing to with interest

*Consumer Comment: Extension of credit has absolutely nothing to with interest

*Consumer Comment: Some utilities may be credit driven

*Consumer Comment: Utilities are credit driven

*Consumer Comment: It is called a Credit Reporting Agency because it reports CREDIT history.

*Consumer Comment: It is called a Credit Reporting Agency because it reports CREDIT history.

*Consumer Comment: It is called a Credit Reporting Agency because it reports CREDIT history.

*Consumer Suggestion: Credit Reporting

*Consumer Suggestion: apples and oranges

*Consumer Comment: This is Wrong!

*Consumer Comment: Steal while you can, soon the alarm will set.

*Consumer Comment: Steal while you can, soon the alarm will set.

*Consumer Comment: Steal while you can, soon the alarm will set.

*Consumer Comment: How To

*Consumer Suggestion: John from Chandler

*Consumer Comment: I don't have to agree with the scoring system but I do recogise that someone has to be between the consumer and the credit companies

*Consumer Comment: Credit Bureaus and legality

*Consumer Suggestion: ...Your still not getting it AAFES

*Consumer Comment: If there is any justice

*Consumer Suggestion: Get what?

*Consumer Suggestion: not an employee

*Consumer Comment: Jason must be promoting this criminal site

*Consumer Comment: Still a crime.

*Consumer Suggestion: It doesn't matter

*Consumer Comment: So much for that.

*Consumer Suggestion: You can buy fake tradelines here

*Consumer Comment: Angela & Ben- HELP! Need some advice

*Consumer Comment: I AGREE WITH ANGELA & BEN

*Consumer Comment: I Need your help

*Consumer Comment: assistance please

*Consumer Comment: Hacking is wrong

*Consumer Comment: Future of America?

*Consumer Comment: metro 2

*Consumer Comment: which metro 2 software to purchase fromcredittime 2000

*Consumer Comment: tired of being cheated

*Consumer Comment: It's ok to steal the "bad big brother" theory

*Consumer Comment: Ok I am lost here

*Consumer Suggestion: Go for it, all of you!!!

*Consumer Suggestion: Go for it, all of you!!!

*Consumer Suggestion: Go for it, all of you!!!

*Consumer Comment: They should be held accountabel for the wrong that they do.

*Consumer Comment: To everyone considering doing this. FEDERAL CRIME to hack a computer database

*Consumer Comment: Found Software, Need Account Location

*Consumer Comment: BEN HELP ME !

*Consumer Comment: ANGELA help

*Consumer Suggestion: HELP !!!!!!!!!

*Consumer Suggestion: I tried these methods, and they aren't illegal

*Consumer Suggestion: Heres an update

*Consumer Comment: HELP

*Consumer Suggestion: One more thing, very important

*Consumer Suggestion: Tom, you don't understand

*Consumer Suggestion: Tom, you don't understand

*Consumer Suggestion: Tom, you don't understand

*Consumer Suggestion: Tom, you don't understand

*Consumer Comment: Tom must be sheltered. He must have grown up with a silver spoon in his mouth, unlike EVERY OTHER PERSON IN THE STATES.

*Consumer Comment: Boy, do I feel like an ass for being honest.

*Consumer Suggestion: thats cool, it does work, manipulating the credit reporting system is really easy

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I just received a breakthrough. Acquire the Metro 2 credit software, and get an access code off a hacking site (Ripoff Report) won't allow web links. If your suffering from bad credit, you can report 5 year credit card accounts, or an automobile loan. Computer loans, department store loans, anything you might come up with.

Avoid mortgages because they require "paper work." If you can get access codes for all 3 bureaus through a few good hacking sites, you are in business. If you are suffering from bad credit and think you deserve a second chance, here is your opportunity. I have in the last 4 months added 7 accounts. Many of them several years in length. My scores were around 500 for all 3 bureaus, now my Trans Union file is sitting at 761. Experian and Equifax are in the low 700's.

I am telling you all this to let you have a second chance. Thank you.

Angela
Colorado Springs, Colorado
U.S.A.

This report was posted on Ripoff Report on 01/16/2005 11:07 PM and is a permanent record located here: http://www.ripoffreport.com/r/Experian-TransUnion-Equifax/nationwide/Experian-TransUnion-Equifax-Using-Metro-2-Software-you-can-add-fake-credit-accounts-t-127647. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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Updates & Rebuttals

#1 Consumer Comment

Another question?

AUTHOR: Griz - (U.S.A.)

I see that people are adding info to their credit reports, but what about
changing existing info or taking info off the reports???
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#2 Consumer Comment

Angela or anybody please HELP!!!!!

AUTHOR: Tommy - (U.S.A.)

IF WE ARE NOT ABLE TO PLACE A EMAIL OR ANY CONTACT INFORMATION ON THIS SITE, HOW WOULD SOMEONE GET IN TOUCH WITH ME OR HOW WILL I GET THE PROPER INFORMATION I NEED TO GET GOING. PLEASE HELP ME OUT!!!!!!!
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#3 Consumer Comment

Angela or anybody please HELP!!!!!

AUTHOR: Tommy - (U.S.A.)

IF WE ARE NOT ABLE TO PLACE A EMAIL OR ANY CONTACT INFORMATION ON THIS SITE, HOW WOULD SOMEONE GET IN TOUCH WITH ME OR HOW WILL I GET THE PROPER INFORMATION I NEED TO GET GOING. PLEASE HELP ME OUT!!!!!!!
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#4 Consumer Comment

Angela or anybody please HELP!!!!!

AUTHOR: Tommy - (U.S.A.)

IF WE ARE NOT ABLE TO PLACE A EMAIL OR ANY CONTACT INFORMATION ON THIS SITE, HOW WOULD SOMEONE GET IN TOUCH WITH ME OR HOW WILL I GET THE PROPER INFORMATION I NEED TO GET GOING. PLEASE HELP ME OUT!!!!!!!
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#5 Consumer Comment

Angela & or Anybody please HELP!!!!!!!!!

AUTHOR: Tommy - (U.S.A.)

Could someone please contact me or show how could i get started with this. what is the first step, where could I download Metro 2. All the steps that need to get this started. PLEASE SOMEONE HELP!
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#6 Consumer Comment

You are all funny

AUTHOR: Pissed Off - (U.S.A.)

Man, there is alot of people on here screaming scam. A bunch of idiots if you ask me. Why not try some research?

The things you are speaking of are called Seasoned Credit Tradelines or Aged Credit Tradelines. Just Google it. The software is legal. It is Metro 2 which is the format that credit bureaus use.

You do not hack anything. You do not grab codes off the internet either. Yes, that is a stupid and possibly illegal way of doing this.

You start a company. Even if it is just a DBA. You obtain your own codes from the credit bureaus. It is an easy application process. Simple. Then you simply report tradelines to them using the Metro 2 software. Each bureau has their own minimum amount of tradelines that you must report monthly. Otherwise you lose your codes. Simple yet again.

It is not illegal whatsoever to add seasoned tradelines. There are companies that charge to do it for you. A few thousand each tradeline. Or you can do it the way explained above which will cost you some time and the money for the Metro 2 software.
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#7 Consumer Comment

TO ANGELA AND OTHERS - HELP

AUTHOR: Wardo - (U.S.A.)

I would like to try this out I have hired a credit repair company my score has gone up 55 points but thats only with one credit agency. It seems that is virtually impossible to get Experian and Equifax to budge. I have been off the grid for a while because I was laid off in the early 2000s and decided to spend what I have instead of relying on credit. Now I am a ghost. I would really like to buy a home I would really like info on how I can get started with this if this is working for people I want in.
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#8 Consumer Suggestion

want in

AUTHOR: Sonja - (U.S.A.)

I would like to try this out I have hired a credit repair company my score has gone up 35 points to 610 but thats only with one credit agency the rest are still in the high 500. I have a car payment that I pay on time and also credit card thats paid on time these things have not brought my score up much and I would really like to buy a home I would really like info on how I can get started with this if this is working for people I want in.
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#9 Consumer Comment

HELP ME DO THIS

AUTHOR: Randall - (U.S.A.)

I have tried to find this program but I cant. Maybe it is because I am not that great with a computer . But I really need help getting my score up . Please HELP!!!
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#10 Consumer Suggestion

Another option

AUTHOR: Jason - (U.S.A.)

Beginning with the http and end with the usual dot come, seasonedtrades will get the job done. With some of the accounts I've obtained, I signed up to be a donor. I am getting paid small commissions for allowing people who need help to utilize seasoned accounts.

If anyone needs help with fake accounts, and wants to pay less, this is the place to go. It only costs 1500 for the gold package. Not a bad haul for a 5 year seasoned account and a 2 year 8 grand account.

I've only received a $50 check from them for allowing someone to use a tradeline of mine. I do know it works in some capacity.

I see the credit bureaus are turning a blind eye to this activity. Let them suit themselves. In the long run, they will get burned.

Enjoy your newfound credit history. Had I not been branded as a high credit risk because of no credit history, and had the credit bureaus allowed reporting of essential utilities, I wouldn't have to resort to artificially boosting my credit scores. How else am I going to get a fair rate, and a fair shot at decent credit? It's unfair to pay the same bad credit rates as someone who habitually pays late on accounts. Never having a problem paying bills on time, I did the immoral.

All credit I was approved for has been paid off or paid in more than half the time. So you see, I don't have a problem with "over extending" myself, or problems with paying bills period. I only have a problem with being short changed by the typical credit process "having to prove yourself worthy, while being racked hard with high interest rates" when you've been paying bills on time for years. Now it is justified.
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#11 Consumer Suggestion

Attorneys Wanted

AUTHOR: Carol Ann - (U.S.A.)

This is a class action lawsuit if ever there has been cause for one. Not only is the hacking tool available and in use, most American credit files are overseas (wheteher you have been oveseas or not) and are continuously being manipulated to keep us with bad credit, criminal records and open to more Fraud.

Refuse to pay the bills, Go to Federal Trade Commission and of all people Internal Revenue Service and download form3949A to recieve a Reward of 10% of whatever they find wrong. Secret Service is good with handling oveseas problems.
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#12 UPDATE EX-employee responds

Please Let Me Know How To Do This

AUTHOR: Joshua - (U.S.A.)

Please post any information on how to add trade lines to my credit. I am very interested.

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#13 UPDATE EX-employee responds

Please Let Me Know How To Do This

AUTHOR: Joshua - (U.S.A.)

Please post any information on how to add trade lines to my credit. I am very interested.

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#14 UPDATE EX-employee responds

Please Let Me Know How To Do This

AUTHOR: Joshua - (U.S.A.)

Please post any information on how to add trade lines to my credit. I am very interested.

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#15 UPDATE EX-employee responds

Please Let Me Know How To Do This

AUTHOR: Joshua - (U.S.A.)

Please post any information on how to add trade lines to my credit. I am very interested.

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#16 Consumer Comment

WHAT IS ONE TO DO?

AUTHOR: Mike - (U.S.A.)

Having taken the time to read all of the comments on this issue I must say that many points here are being either misaddressed or misapplied entirely.

For starters, no one should dare hack into another's computer system, use methods to obtain illegal access or in any way access restricted information intentionally without the expressed permission of the owner.

Secondly, no one should create ficticious information on their own or anyone elses credit report.

I for one HATE the credit reporting agencies with a passion that I cannot express herein. However, breaking the law is breaking the law! Yes, I know, when the CRA's break the law they get a slap on the wrist if that, but when you or I do it, it can be life in prison. Personally, saving the few extra dollars I pay in interest isn't worth my freedom.

So, what do you do? Well, I would start by getting the free copy of your credit report HAVE THEM MAIL IT so they have to pay postage. Second, I would go through and dispute everything that contains and error, which means just about everthing negative on your credit report can contain an error, be it the date, number of delinquencies, etc.

Mail it certified mail, with return receipt, so you know it was received and when. Next, follow up after 30 days. YES I KNOW THIS PROCESS HAS BEEN TRIED and YES IT STILL DOES WORK. Albeit, it doesn't work well. If they don't correct the error then consider a follow up letter and then sending one the the Attorney General's office for review.

Now what, well, you can always consider hiring an attorney to fix your report, VERY expensive. You can always go to a credit "repair" company which usually doesn't work too well. Or you can consider having postive credit information ADDED to your credit file LEGALLY.

This is no secret but it is true. I discoverd this a few years ago by accident. I had received a credit card from a company and called up to ask for a card to be sent for my wife, for her to use. What I didn't know until about 6 months later when we pulled her credit report was that MY credit card was on HER credit report TOO. Now, fast forward a couple years and it all makes sense. You see, this is a little secret used by mortgage professionals over the years to take a marginal client and turn them into a definite client.

When you apply for credit, a credit card for instance, the credit issuer grants that credit in your name. If you pay your bills on time, keep your nose clean (SQUEEKY CLEAN) you build up a positive credit file, no secret there right? But here's the footnote, when you add someone else to that credit account (credit card) they SHARE all of your past credit information. After all, they can't say the account was opened when the new person was added now can they? This works to your advantage. You see, although you pay your bill on time, it really doesn't help your score much for about 2 years. However, when the aged credit information is added to the file (providing the account is 2+ years old) then it boost the recieving party's credit score.

Now, is this illegal? NOPE. Is it unethical? Well, that's for you to decide. I personally see nothing wrong with it. Someone else paid the price and now they are willing to share the fruits of their endeavors with someone else. To me, it is no different then in times past when a young person of nobility would carry the full weight of their families "good name" with them into their business dealings, etc. It's no different then someone getting into a good school because of WHO's kid they were. The only difference is NOW THE COMMON FOLK CAN BENEFIT TOO.

So, how do I benefit from this you say? Well, you can always look up on the internet and find companies that sell seasoned credit information. Of course that would be expensive at best. Or, maybe you can go to a relative that has great credit and explain to them what I have explained to you. If you have a relative that really cares and wants to help you out without it costing them a $ then they should a least listen. If not, then there's always the internet search engine.

But will it help?? Well, having seasoned information on your file ISN'T going to hurt, providing the balances are kept low (30-40% or lower) and the payments are on time. AND you didn't have to hack a computer to get it. What you did was legal and ethical (at least in my opinion) however NO I am not an attorney and if you want legal advice then that is who you should consult.

I for one would like to see a day in which people can voluntarily opt out of having their information report to CRA's. Why not? If we can opt out of having a telemarketer call us during dinner, why not be able to opt out of having your PRIVATE information disclosed to an agency that gets paid to sell that PRIVATE information? Yeah, I know. There are those that would say that if you don't like it then you don't have to get credit at all right? And yes that is true. And if houses cost $10,000 or less and cars were $1,000 or less then I would agree completely.

However, the credit card companies truly are to blame for the financial house of cards that has been built in the country. THEY are partly to blame for the abysmal savings rate that Americans now have and they are almost entirely to blame for the CRA's thirst for dirt.

OF COURSE, THAT'S JUST ALL MY OPINION!
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#17 REBUTTAL Individual responds

CREDIT MYTHS

AUTHOR: Ff - (U.S.A.)

ive been reading this log and, its amazing how many people think they have CRA's figured out. I own 3 mortgage co. and have seen every type of credit file there is.Its hard to decide what to believe, heres what i KNOW.FACT, it does not take high limit accounts to raise your score in the 700's. FACT, you can be 18 yrs old and have a 750 score with 1 tradeline, it doesnt have to be old or seasoned "7" yrs.I have a client that is not even a US citizen and only 23, from mexico, cant even spell credit or say any words in english, has one open tradeline from fingerhut,2yrs old, for $400. her high score is 790 with a low of 746 mid is 784!!Every type of account puts u in a new pool of statistics,new guidlines. u can have new BK and still have 720 score!!.

Im young, rich, and was EXTREMELY agressive to repair my credit, spent close to 15k,til i found GOOD credit restoration company. and i would do it all again. your score is your life blood,IT CAN GO FROM LOW 500s to mid 700s in 6 mnths, im proof! dont be scared,if your not agressive with the CRA's, you'll never get a good score.Seek a good repair co. and tell them to show u the results, then pay.if your not getting bombed with letters from CRA's every week, the "repair" co. is not working!!!!
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#18 REBUTTAL Individual responds

I need some direction on how to find access codes

AUTHOR: Miz - (U.S.A.)

I have been searching all over . Can some one please lead me in the right direction . I have already purchased the Metro 2 Software. I am halfway to the finish line

Please help


CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
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#19 Consumer Comment

metro 2

AUTHOR: Michael - (U.S.A.)

how does a person download the software then use it?..is it free or is there a charge?..where do i find the software and the codes??..im not computer savvy so any help would be appreciated...
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#20 Consumer Suggestion

Also

AUTHOR: Tom - (U.S.A.)

I will also add this in. Hacking is too risky these days and so is paying someone to add false tradelines. I strongly agree with others here who believe that the CRAS are also in the wrong. Some of us are in the wrong, and the CRAS are also in the wrong. If we went by the golden rule 2 wrongs dont make a right then the CRAS would walk all over us.
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#21 Consumer Comment

credit score info

AUTHOR: Mica - (U.S.A.)

Okay, Jason and others. Utilities, were not eligble to be reported on a cbr until 2004 (fcra). Some do most don't. You can always call you utilities and ask to add them as a non traditonal account, morgatge lenders have been doing that for years. OR YOU could ask your utilty to start reporting. Mind you be careful what you wish for.... About the scoring system, it is like a pie you know the rough size of the pieces but you won't know the ingredients, sorry to tell ya'll that length of credit history (time) is factored in.

A young person could have a high credit score, if they are listed as an authrized user on their parents accounts. Some credit cards allow up to 1000 so-called users (this is a new way for lenders to have people qualify for loans they could not otherwise qualify for). More over, cbr are not for the consumer, they were developed for the bussiness, to try to calculate a consumers risks. When some one adds fake accounts to boost their score it hurts everyone else because if (or more likely when) they default of pay life, the risk associated with that score goes up. Finally, as someone has already mentioned, you need e-oscar to add accounts, along with a subscriber code (which is diff for everystate,company, and agency).

If you really feel a particular agency has done you wrong : * ) sue them! They do make mistakes. In the end if someone had real moral fortitude they would not try to "cheat" the system or add accounts they did not orginaly have, it come back to you, if not on this earth... If you are truly upset about this system then, as someone mentioned above, fight to change it. Grassroots movements do work what doesn't work though is getting on this website to complain, or tell people semi legal or illegal ways to get around this system. If it becomes a big problem the crb's could use their political pull to make the system even less consumer friendly than it is. Then where would you be?
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#22 Consumer Comment

sure

AUTHOR: R - (U.S.A.)

A 19 yesr with 1 gas card paid on time for 1 year would never yield a 750 credit score. A gas card is a very minor credit obligation, really no better than a store credit card. 7 years of substantial, significant and excellent credit is what is needed to acheive a score in the 700's. Gas cards and retail store accounts are not substantial nor are they significant.

Real estate loans jack your score up the most followed by installment loans and REAL credit cards like AMEX, VISA, and Mastercard.

And to all the geniuses who have purchased a piece of crap program for $299.00, do you think that you pulled something off on the credit bureaus, that if something like this were available the credit bureaus wouldn't know about it to?

Do you really think that idiots like you could buy software that could change your credit off of the internet?

The only scam is the software itself.
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#23 Consumer Suggestion

two wrongs do make a right

AUTHOR: Tom - (U.S.A.)

The turn the other cheek is out the door here. How can people turn the other cheek and say two wrongs don't make a right, especially in todays world. You have to be very careful because always turning the other cheek shows others you can be walked on without a fight.

Why is it ok for them to report false negative info? Yet we can't report false positive info?

Utility accounts should be factored into credit scoring. Otherwise, someone who always pays on time but has no credit history can't get a fair rate. Why pay the same rate as someone who doesn't pay their bills at all? Does that sound fair?

Patrick, her FICO score of 670 might reflect very little credit history. It is very possible to have a higher score with just 1 credit card and installment loan. I've heard of 19 year olds with a 750 or higher because they paid their gas card on time for 1 year. So it is possible her choices were limited, no banks would approve her, and she got stuck with a high risk rate.

The lenders have a responsibility to their shareholders. I will not discount that. But why should we care about that? Why should we be concerned about those shareholders, who obviously have large amounts of money to invest, when we ourselves are struggling to make a living. Our yearly salaries are probably less than one of those investors stake in the companies.

I, and others have a moral responsibility to make everything right and honest. But we have a bigger responsibility to make sure we are taken care of. Personal values and morals down the toilet here. Money saved is money saved. The lenders can easily compensate for the 2 grand they lost. It helps us in the long run.

The CRA's share a big sense of responsibility for all the mishaps here. They charge us to see our own info. Then require us to maintain that same info. They could easily sell false negative info for years. They could even be told it is false and negative. Yet, when they find out a false positive account is on the report, they immediately scramble for the delete key. Sounds like 2 wrongs definitely make a right here.
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#24 Consumer Suggestion

two wrongs do make a right

AUTHOR: Tom - (U.S.A.)

The turn the other cheek is out the door here. How can people turn the other cheek and say two wrongs don't make a right, especially in todays world. You have to be very careful because always turning the other cheek shows others you can be walked on without a fight.

Why is it ok for them to report false negative info? Yet we can't report false positive info?

Utility accounts should be factored into credit scoring. Otherwise, someone who always pays on time but has no credit history can't get a fair rate. Why pay the same rate as someone who doesn't pay their bills at all? Does that sound fair?

Patrick, her FICO score of 670 might reflect very little credit history. It is very possible to have a higher score with just 1 credit card and installment loan. I've heard of 19 year olds with a 750 or higher because they paid their gas card on time for 1 year. So it is possible her choices were limited, no banks would approve her, and she got stuck with a high risk rate.

The lenders have a responsibility to their shareholders. I will not discount that. But why should we care about that? Why should we be concerned about those shareholders, who obviously have large amounts of money to invest, when we ourselves are struggling to make a living. Our yearly salaries are probably less than one of those investors stake in the companies.

I, and others have a moral responsibility to make everything right and honest. But we have a bigger responsibility to make sure we are taken care of. Personal values and morals down the toilet here. Money saved is money saved. The lenders can easily compensate for the 2 grand they lost. It helps us in the long run.

The CRA's share a big sense of responsibility for all the mishaps here. They charge us to see our own info. Then require us to maintain that same info. They could easily sell false negative info for years. They could even be told it is false and negative. Yet, when they find out a false positive account is on the report, they immediately scramble for the delete key. Sounds like 2 wrongs definitely make a right here.
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#25 Consumer Suggestion

two wrongs do make a right

AUTHOR: Tom - (U.S.A.)

The turn the other cheek is out the door here. How can people turn the other cheek and say two wrongs don't make a right, especially in todays world. You have to be very careful because always turning the other cheek shows others you can be walked on without a fight.

Why is it ok for them to report false negative info? Yet we can't report false positive info?

Utility accounts should be factored into credit scoring. Otherwise, someone who always pays on time but has no credit history can't get a fair rate. Why pay the same rate as someone who doesn't pay their bills at all? Does that sound fair?

Patrick, her FICO score of 670 might reflect very little credit history. It is very possible to have a higher score with just 1 credit card and installment loan. I've heard of 19 year olds with a 750 or higher because they paid their gas card on time for 1 year. So it is possible her choices were limited, no banks would approve her, and she got stuck with a high risk rate.

The lenders have a responsibility to their shareholders. I will not discount that. But why should we care about that? Why should we be concerned about those shareholders, who obviously have large amounts of money to invest, when we ourselves are struggling to make a living. Our yearly salaries are probably less than one of those investors stake in the companies.

I, and others have a moral responsibility to make everything right and honest. But we have a bigger responsibility to make sure we are taken care of. Personal values and morals down the toilet here. Money saved is money saved. The lenders can easily compensate for the 2 grand they lost. It helps us in the long run.

The CRA's share a big sense of responsibility for all the mishaps here. They charge us to see our own info. Then require us to maintain that same info. They could easily sell false negative info for years. They could even be told it is false and negative. Yet, when they find out a false positive account is on the report, they immediately scramble for the delete key. Sounds like 2 wrongs definitely make a right here.
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#26 Consumer Suggestion

two wrongs do make a right

AUTHOR: Tom - (U.S.A.)

The turn the other cheek is out the door here. How can people turn the other cheek and say two wrongs don't make a right, especially in todays world. You have to be very careful because always turning the other cheek shows others you can be walked on without a fight.

Why is it ok for them to report false negative info? Yet we can't report false positive info?

Utility accounts should be factored into credit scoring. Otherwise, someone who always pays on time but has no credit history can't get a fair rate. Why pay the same rate as someone who doesn't pay their bills at all? Does that sound fair?

Patrick, her FICO score of 670 might reflect very little credit history. It is very possible to have a higher score with just 1 credit card and installment loan. I've heard of 19 year olds with a 750 or higher because they paid their gas card on time for 1 year. So it is possible her choices were limited, no banks would approve her, and she got stuck with a high risk rate.

The lenders have a responsibility to their shareholders. I will not discount that. But why should we care about that? Why should we be concerned about those shareholders, who obviously have large amounts of money to invest, when we ourselves are struggling to make a living. Our yearly salaries are probably less than one of those investors stake in the companies.

I, and others have a moral responsibility to make everything right and honest. But we have a bigger responsibility to make sure we are taken care of. Personal values and morals down the toilet here. Money saved is money saved. The lenders can easily compensate for the 2 grand they lost. It helps us in the long run.

The CRA's share a big sense of responsibility for all the mishaps here. They charge us to see our own info. Then require us to maintain that same info. They could easily sell false negative info for years. They could even be told it is false and negative. Yet, when they find out a false positive account is on the report, they immediately scramble for the delete key. Sounds like 2 wrongs definitely make a right here.
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#27 Consumer Comment

To Jennifer.

AUTHOR: Patrick - (U.S.A.)

Jennifer,

If you got a car loan at 21% when your FICO was 670, then it was the car dealer that ripped you off, not the CRAs. With that score, I have been able to get car loans at 7% or better. But guess what, the dealer makes money off your loan too. The higher the rate, the more they get paid.

The only way to deal with unscrupulous car dealers is to go in pre-approved with your bank or credit union. That way, you do not give the dealer an opportunity to screw you like they did.

You can't pin that on the CRAs.
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#28 Consumer Comment

Fico scoring

AUTHOR: Aafes - (U.S.A.)

While FICO or the credit reporting agencies may provide you with a score, it is not the sole determining factor in which a creditor grants you credit or determines the APR you will be charged. Most creditors have a matrix in which they utilize different criteria in determining if you will be approved and at what interest rate. It can include factors such as length of employment, time at residence, age of reported credit accounts and yes payment history (on accounts where you received CREDIT). As I posted before with many if you submit a history from your landlord or utility company of timely and consistent payments they will also take this into their decision making process.

There is no "right" to have your payments for any credit product reported to all credit bureaus or to have your utilities reported. Creditors make their decisions for approval and interest rates based on their own criteria and what they feel is necessary to protect their assets.

Yes, they are in business to make money. As long as they remain derregulated and the market bears high interest rate loans and credit cards they are going to charge these rates to make a profit as is their responsibility to their investors. They don't have a responsibility to offer you low rates because you believe you deserve them.

The original post in this thread was a gleeful rendition of how someone used false information to obtain favorable rates. The people doing this are the same who scream foul if false information regarding negative accounts is found on their credit profile. No, because they do it, it does not make it right for you - if your parents never taught you - two wrongs don't make a right.

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#29 Consumer Comment

About the Utilities

AUTHOR: Jennifer - (U.S.A.)

Ok enough about the utilities I work for the phone company and my boyfriend works for the cable company. We run your credit before you ever get the service and depending on what account group you get determines

1 if you have an advanced payment

2 if you want dsl if you have to be on automatic bill pay based off credit rating.

3 if you are eligible to even be told about a cell phone or cable service

Plain and simple you have to have credit to get services at a good rate and not have to jump hoops to get services.

The phone company CAN report to credit agencies but only per request do they do it. You can actually call me and ask for a letter of credit that either you can send to the credit agency or we can fax for you. Same thing with the cable company.

Yes if you do not pay your bill you will go into collections but first you go through us first then if after we report and no payment is made you then go to collections who then will also report the debt.

I feel that yes all these payments for utilities should count towards your credit score. I feel that my rent I pay every month on time should be reported. I feel that should be a seperate section with everything else on your report that is taken into consideration.

I have a paid in full auto loan big whoop they only reported it to one credit bureau, same thing with 2 computer loans paid in full, and finally got a stupid credit card that I had to pay 151.00 in flipping fees to build my credit. I am sick of it not all reporting to all agencies so that they can nail you with not enough good accounts, or you have to pay out the whoo hoo to get a car or a home or a loan. I am tired of being turned down for an apartment. And gosh dang it I want the information on this so I don't get another stupid car loan at 21% intrest again. ( By the way my score was 670 when I got that )

It's a scam that I have to pay for my credit reports, its a scam that everything I pay for isn't on there. At this rate since I don't know of any way to contact anyone or how anyone can contact me if they keep not letting us post links, emails or anything else is there anyway you can search for this on how to do it or is there a certain name of a forum I might be able to search for to check into this more that maybe someone can list.

And as far as everyone that is talking smack about cheating, just quit it's getting really old already, noone is cheating you so why bother it's not your life it's ours so if we got caught or something like that and got in trouble then who's fault would it be? Ours so no point in wishing for people to go to jail or any crude like that. It's called survival of the fittest and if you are smart enought to find a way to get what you want then mad props to who thought of this.
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#30 Consumer Comment

You pay no interest

AUTHOR: Aafes - (U.S.A.)

Good for you, you obviously pay all of your credit cards in full each month, own your home and car outright and keep track of your finances. You have 22 credit accounts, and maintain your finances. With 22 accounts and not paying a dime of interest why is it even a concern if the Utility company reports your payments.

Funny, 50K to subscribe to a credit reporting agency. Gosh, all those people who posted here that they have added accounts to their credit profile had 50K to subscribe. If they had 50K to throw away, I guess they shouldn't have worried about listing utilities, etc.

Utilities are reported to credit profiles if NOT paid as bad debts. Not usually by the Utility itself but a collection agency - different animal. The utility does NOT set your rate for use based on your credit profile. If you have bad credit otherwise you are not forced to pay more for your gas, electricity etc. They don't grant you service based on your good credit; on most cases even with horrible credit thay cannot refuse, although they may require a security deposit. A deposit they are required to pay you interest on once the account is closed and you have paid the final bill.

Try to justify it any way you wish. Using the software that was the subject of the original post and entering information you know to be false on your credit profile is simply lying. And further obtaining credit based on a profile you intentionally manipulated with false information is fraud.
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#31 Consumer Comment

You pay no interest

AUTHOR: Aafes - (U.S.A.)

Good for you, you obviously pay all of your credit cards in full each month, own your home and car outright and keep track of your finances. You have 22 credit accounts, and maintain your finances. With 22 accounts and not paying a dime of interest why is it even a concern if the Utility company reports your payments.

Funny, 50K to subscribe to a credit reporting agency. Gosh, all those people who posted here that they have added accounts to their credit profile had 50K to subscribe. If they had 50K to throw away, I guess they shouldn't have worried about listing utilities, etc.

Utilities are reported to credit profiles if NOT paid as bad debts. Not usually by the Utility itself but a collection agency - different animal. The utility does NOT set your rate for use based on your credit profile. If you have bad credit otherwise you are not forced to pay more for your gas, electricity etc. They don't grant you service based on your good credit; on most cases even with horrible credit thay cannot refuse, although they may require a security deposit. A deposit they are required to pay you interest on once the account is closed and you have paid the final bill.

Try to justify it any way you wish. Using the software that was the subject of the original post and entering information you know to be false on your credit profile is simply lying. And further obtaining credit based on a profile you intentionally manipulated with false information is fraud.
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#32 Consumer Comment

You pay no interest

AUTHOR: Aafes - (U.S.A.)

Good for you, you obviously pay all of your credit cards in full each month, own your home and car outright and keep track of your finances. You have 22 credit accounts, and maintain your finances. With 22 accounts and not paying a dime of interest why is it even a concern if the Utility company reports your payments.

Funny, 50K to subscribe to a credit reporting agency. Gosh, all those people who posted here that they have added accounts to their credit profile had 50K to subscribe. If they had 50K to throw away, I guess they shouldn't have worried about listing utilities, etc.

Utilities are reported to credit profiles if NOT paid as bad debts. Not usually by the Utility itself but a collection agency - different animal. The utility does NOT set your rate for use based on your credit profile. If you have bad credit otherwise you are not forced to pay more for your gas, electricity etc. They don't grant you service based on your good credit; on most cases even with horrible credit thay cannot refuse, although they may require a security deposit. A deposit they are required to pay you interest on once the account is closed and you have paid the final bill.

Try to justify it any way you wish. Using the software that was the subject of the original post and entering information you know to be false on your credit profile is simply lying. And further obtaining credit based on a profile you intentionally manipulated with false information is fraud.
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#33 Consumer Comment

Extension of credit has absolutely nothing to with interest

AUTHOR: R - (U.S.A.)

I pay no interest, many others with charge or credit cards pay no interest, and all of my credit cards appear on my credit report. All 22 of them. Interest and credit are completely agnostic of each other.

Anyone who subscribes to the credit bureaus can file information. It's a matter of cost Einstein. The auto body shop or someone mowing your lawn isn't going to pay 50K to subscribe to the bureaus, or take the time to submit positive reports. Many companies like Dell just stopped submitting positive informaion because it's expensive.

The following is from the FTC website regarding utility credit. If you don't believe me, type in the keywords: utility credit ftc. It pretty much backs up what I said before. But I've only worked in Trade and Consumer credit scoring for the last 7 years, so what would I know.

Utility Credit

Of all the many different types of credit - for example, retail credit, loans, charge cards, and mortgages - utility credit may be the one that most people cannot do without. Utility credit is the credit extended to users of gas, electricity, and water services. Phone
service also can be considered a utility.

Having an account with a utility provider is a lot like having any other credit account: You get service now and pay for it later. And, like other creditors, utility companies keep a record of your payment patterns. This record becomes your utility credit history. It's important to have a good utility credit history because it becomes part of your entire credit history, which often is a determining factor in your ability to get credit - including utility services - and sometimes even a job, in the future.

To ensure fairness, federal law prohibits utility and other companies from engaging in discriminatory practices. Specifically, under the Equal Credit Opportunity Act (ECOA), these companies cannot discriminate against consumers on the basis of sex, marital status, race, national origin, religion, or age. They also cannot discriminate against people who receive public assistance.

Here's a look at how the law works when it comes to utility services:
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#34 Consumer Comment

Extension of credit has absolutely nothing to with interest

AUTHOR: R - (U.S.A.)

I pay no interest, many others with charge or credit cards pay no interest, and all of my credit cards appear on my credit report. All 22 of them. Interest and credit are completely agnostic of each other.

Anyone who subscribes to the credit bureaus can file information. It's a matter of cost Einstein. The auto body shop or someone mowing your lawn isn't going to pay 50K to subscribe to the bureaus, or take the time to submit positive reports. Many companies like Dell just stopped submitting positive informaion because it's expensive.

The following is from the FTC website regarding utility credit. If you don't believe me, type in the keywords: utility credit ftc. It pretty much backs up what I said before. But I've only worked in Trade and Consumer credit scoring for the last 7 years, so what would I know.

Utility Credit

Of all the many different types of credit - for example, retail credit, loans, charge cards, and mortgages - utility credit may be the one that most people cannot do without. Utility credit is the credit extended to users of gas, electricity, and water services. Phone
service also can be considered a utility.

Having an account with a utility provider is a lot like having any other credit account: You get service now and pay for it later. And, like other creditors, utility companies keep a record of your payment patterns. This record becomes your utility credit history. It's important to have a good utility credit history because it becomes part of your entire credit history, which often is a determining factor in your ability to get credit - including utility services - and sometimes even a job, in the future.

To ensure fairness, federal law prohibits utility and other companies from engaging in discriminatory practices. Specifically, under the Equal Credit Opportunity Act (ECOA), these companies cannot discriminate against consumers on the basis of sex, marital status, race, national origin, religion, or age. They also cannot discriminate against people who receive public assistance.

Here's a look at how the law works when it comes to utility services:
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#35 Consumer Comment

Extension of credit has absolutely nothing to with interest

AUTHOR: R - (U.S.A.)

I pay no interest, many others with charge or credit cards pay no interest, and all of my credit cards appear on my credit report. All 22 of them. Interest and credit are completely agnostic of each other.

Anyone who subscribes to the credit bureaus can file information. It's a matter of cost Einstein. The auto body shop or someone mowing your lawn isn't going to pay 50K to subscribe to the bureaus, or take the time to submit positive reports. Many companies like Dell just stopped submitting positive informaion because it's expensive.

The following is from the FTC website regarding utility credit. If you don't believe me, type in the keywords: utility credit ftc. It pretty much backs up what I said before. But I've only worked in Trade and Consumer credit scoring for the last 7 years, so what would I know.

Utility Credit

Of all the many different types of credit - for example, retail credit, loans, charge cards, and mortgages - utility credit may be the one that most people cannot do without. Utility credit is the credit extended to users of gas, electricity, and water services. Phone
service also can be considered a utility.

Having an account with a utility provider is a lot like having any other credit account: You get service now and pay for it later. And, like other creditors, utility companies keep a record of your payment patterns. This record becomes your utility credit history. It's important to have a good utility credit history because it becomes part of your entire credit history, which often is a determining factor in your ability to get credit - including utility services - and sometimes even a job, in the future.

To ensure fairness, federal law prohibits utility and other companies from engaging in discriminatory practices. Specifically, under the Equal Credit Opportunity Act (ECOA), these companies cannot discriminate against consumers on the basis of sex, marital status, race, national origin, religion, or age. They also cannot discriminate against people who receive public assistance.

Here's a look at how the law works when it comes to utility services:
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#36 Consumer Comment

Extension of credit has absolutely nothing to with interest

AUTHOR: R - (U.S.A.)

I pay no interest, many others with charge or credit cards pay no interest, and all of my credit cards appear on my credit report. All 22 of them. Interest and credit are completely agnostic of each other.

Anyone who subscribes to the credit bureaus can file information. It's a matter of cost Einstein. The auto body shop or someone mowing your lawn isn't going to pay 50K to subscribe to the bureaus, or take the time to submit positive reports. Many companies like Dell just stopped submitting positive informaion because it's expensive.

The following is from the FTC website regarding utility credit. If you don't believe me, type in the keywords: utility credit ftc. It pretty much backs up what I said before. But I've only worked in Trade and Consumer credit scoring for the last 7 years, so what would I know.

Utility Credit

Of all the many different types of credit - for example, retail credit, loans, charge cards, and mortgages - utility credit may be the one that most people cannot do without. Utility credit is the credit extended to users of gas, electricity, and water services. Phone
service also can be considered a utility.

Having an account with a utility provider is a lot like having any other credit account: You get service now and pay for it later. And, like other creditors, utility companies keep a record of your payment patterns. This record becomes your utility credit history. It's important to have a good utility credit history because it becomes part of your entire credit history, which often is a determining factor in your ability to get credit - including utility services - and sometimes even a job, in the future.

To ensure fairness, federal law prohibits utility and other companies from engaging in discriminatory practices. Specifically, under the Equal Credit Opportunity Act (ECOA), these companies cannot discriminate against consumers on the basis of sex, marital status, race, national origin, religion, or age. They also cannot discriminate against people who receive public assistance.

Here's a look at how the law works when it comes to utility services:
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#37 Consumer Comment

Some utilities may be credit driven

AUTHOR: Aafes - (U.S.A.)

But not everywhere. While in the military and with my current job I have lived in at least 10 different states. In many, yes the application for utility service required a credit check. In others, I simply picked up the phone and called the Utility company. Providing the name, address, and start date of service. In one or two instances the service was started by filling out a form at the rental office which in turn contacted the company and had the billing changed.

FYI, after my divorce, my ex-wife, with bad credit failed several times to pay her utility service. The service was turned off. She would call and have it restarted in my children's names (one at the age of 6). No problem. Perhaps they pulled my 6 year old's credit profile, you think?

Utilities are not goods or products. They are not funds made available for your use in purchasing goods or services that require immediate payment. The legal definition of consumer credit:

CONSUMER CREDIT - Short term loans to individuals for the purchase of goods used primarily for personal, family, or household purposes. Such goods are not intended for resale or further use in the production of other products.

There's one big difference between utility credit and the credit you get from stores, banks, and the like: the law. Simply put, it's a lot harder for the electric company to turn off your power than it is for the credit card company to cancel your account. The government isn't totally heartless; they don't want families freezing or starving to death just because they're short of cash this month.

Extension of credit involves payment of interest. Perhaps you would like to pay interest on your rent and utilities as well as your credit card. They are giving you a service, interest free.

They will check a credit report in most cases. If you have a history of NOT paying your bills or utility payments you don't deserve the service, however, they will usually extend it to you with a deposit....and pay you interest on the deposit. They are regulated by the STATE not the Federal reserve.

All this aside, many, many lenders will accept a letter from your landlord or utility company indicating your payment history and add this into consideration of your credit score. From a major player in the mortgage industry:

"The Bank may consider letters of reference from landlords or utility companies as an alternative to a credit report for Applicants with limited or no credit history for this type of credit extension."

Creditors do not "automatically" accept the score provided by the reporting agencies. All creditors have their own scoring and qualification criteria.

The credit bureaus don't work for you. They work for the creditor, are paid by the creditor and report on credit, as defined legally. They report bad debts as well to protect the companies paying their bills.

I saw no response to having other service providers report. You only bash the utility companies. Why, I ask again, do you not want your auto repair shop, the boy mowing your lawn, the company delivering your heating oil, your barber or beautician, your plumber, or your local restaurant to report your payments? Didn't all these businesses provide you a service in advance of payment for what they provided. EXACTLY what the utility companies do. Funny, you don't consider these services "credit".
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#38 Consumer Comment

Utilities are credit driven

AUTHOR: R - (U.S.A.)

Boy Aafees you should really look into things before you spew off.

In this country, you DO apply for utilities. If you don't have sufficient credit you are required to place a deposit on the services. It is a form of credit because they are allowing you to consume the utility and THEN pay for it. Cable TV and internet may be an exception because they're paid up front.

But gas, water and electricity are paid for after you use them. So this is the concept of credit isn't it?

And if you DON'T pay for your utilities, you're reported to the credit bureaus.

And another thing genius, PAYMENT is 35% of your credit score, so it's real important.

So although I think these people are idiots for wasting their money on this scam software, they do deserve some credit for paying their utility bills on time. Credit is ranked in importance as follow, 1 being the most important:
1. Real Estate loans
2. Installment debt (Auto Loans / Student loans)
3. Revolving Debt (Major Credit Cards)
4. Revolving Debt (store credit cards)
5. Utilities
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#39 Consumer Comment

It is called a Credit Reporting Agency because it reports CREDIT history.

AUTHOR: Aafes - (U.S.A.)

It is not a "payment reporting agency".

Utilities and rent are not credit. In many cases you don't even physically apply for them. You can start these services over the telephone, with a certain amount of information.

They are services provided for you, not billable until the full amount utilized is determined. A bill can vary by any amount month to month.

This is just like any other commercial service you are provided. Would you have the auto shop, the plumber, the kid who does your lawn report that you paid for a service provided?
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#40 Consumer Comment

It is called a Credit Reporting Agency because it reports CREDIT history.

AUTHOR: Aafes - (U.S.A.)

It is not a "payment reporting agency".

Utilities and rent are not credit. In many cases you don't even physically apply for them. You can start these services over the telephone, with a certain amount of information.

They are services provided for you, not billable until the full amount utilized is determined. A bill can vary by any amount month to month.

This is just like any other commercial service you are provided. Would you have the auto shop, the plumber, the kid who does your lawn report that you paid for a service provided?
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#41 Consumer Comment

It is called a Credit Reporting Agency because it reports CREDIT history.

AUTHOR: Aafes - (U.S.A.)

It is not a "payment reporting agency".

Utilities and rent are not credit. In many cases you don't even physically apply for them. You can start these services over the telephone, with a certain amount of information.

They are services provided for you, not billable until the full amount utilized is determined. A bill can vary by any amount month to month.

This is just like any other commercial service you are provided. Would you have the auto shop, the plumber, the kid who does your lawn report that you paid for a service provided?
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#42 Consumer Suggestion

Credit Reporting

AUTHOR: Ken - (U.S.A.)

One particular credit card company (Capital One) has been criticized by a nationally-known consumer advocate for its practice of not reporting credit limits to the three bureaus for its customers.

The net effect is that the credit bureaus default to the customer's account balance as the limit figure.

If the customer appears to be at his limit, his credit score is lower. That makes it harder for him to obtain credit elsewhere and keeps him in the fold as a customer of that credit card company.
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#43 Consumer Suggestion

apples and oranges

AUTHOR: Jason - (U.S.A.)

Yes, paying utilities and paying loans is like apples and oranges. But they are still fruit. The fruit means paying on time. Paying phone bills or insurance bills late means the person would be likely to pay loans late. The credit bureaus compile a PAYMENT HISTORY on a consumer.

When you open utilities accounts, you are being extended credit in a small form. You don't have to pay anything upfront, and they give you a months worth of service untill you have to pay the bill. You don't have to prepay for a months service. Paying a loan account and paying electric or insurance bills are no different. They are all bills and if paid on time, reflect your responsible payment habits.

I think it's great your son got a loan from the credit union. The credit union here requires at least 1 account open for 6 months. I already did my research. Applied at several dealerships. GMAC, Chrysler, and Ford Motor Credit all denied me on the basis of a thin credit file, lack of payment history, and too few revolving/installment accounts.

It isn't wrong to get a fair rate where merited. If I've paid my bills on time for 8 years, why should I have to pay the interest rate of someone who habitually doesn't pay their bills/excessive collection accounts? That doesn't seem fair, now does it?

The credit bureaus lean towards businesses because money if the main factor. If the credit bureaus and businesses have no morals when it comes to being fair to consumers, why should consumers be moral about being fair to these same businesses?

To the 21 year old girl, I think it is great you have your credit on track. It will serve you good in life. Don't get too arrogant with that score of yours just yet.

Try getting a major installment loan contract, or other form of significant credit. You might be surprised to learn that you don't qualify for the lowest rates available, and may be required to put a downpayment on the table. A major flaw in the FICO scoring system is the failure to properly factor age of credit report into the score. The result, many 20 to 25 year olds get 750 to 800 scores on just 1 or 2 credit card accounts. The score might be high, but consistency lacks. It is golden. But a thin layer of gold...it isn't a solid hunk of gold yet. Wait 10 to 15 years for best results on a seasoned bullet proof credit history.

Aafes, you can say it is wrong and immoral. It is wrong for us to cheat, yet it is not wrong for businesses to cheat? They take shortcuts all the time. They have to make money. They are in kahoots with the credit bureaus. The end result, we the consumer are short changed. Why is it wrong when the consumer short changes them. How can we live on a set of morals, which simply dictate what is the right and wrong way to act? The very same companies who make money off of us, are the same ones who cry over spilled milk every time a consumer short changes them.

Remember, apples and oranges are fruit. The fruit of paying BILLS (any and all) on time is the ultimate factor in risk assessment. The ole' "these bills shouldn't/couldn't be reported because they aren't loans" cop out sounds like mindless corporate drivel meant to distract the business/credit bureaus true intentions of making money. Payment history is payment history. If you pay a recurring bill each month, regardless of status or category, it should be incumbent on one's credit/payment performance.

The FCRA also states a consumers credit report must contain as much positive information to supplement absent information to help guide a fair credit decision, otherwise not availabe to a consumer lacking of credit information, but has non-traditional payment history available. Sounds like phone bills could come in handy for those folks who have little or no credit. I simply refuse to get short changed by the businesses. Survival means putting food on the table. I'm sorry, but I put my survival and finances before empty morals, which businesses fail to follow on a regular basis.
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#44 Consumer Comment

This is Wrong!

AUTHOR: Joy - (U.S.A.)

I work for a cell phone company, and everyone knows how important it is to have credit to be approved. In my line of work, I don't get sales unless people have enough credit.

However, I think it's wrong to make claims that aren't true to build credit that you either don't have, or messed up! That's YOUR fault that you have bad credit!

I'm a female 21 yrs. of age, and I just checked my credit and I'm at a 739 on all 3 companys. All which say I have excellent credit!

Mind you, I'm certainly NOT rich. I live in a lower middle class city, my parents are both unemployed and have been for some time. They are not retired either! I always qualified for the free lunch at school, and free college pell grants. Now I work in a cell phone kiosk making roughly $16,000 + a yr. before taxes.

I barely have any money at all in my savings account, and I'm NOT cheating the credit companys. I have ONE credit card through National City. It started with two, but I had them merged. I had them both at max and not fully paid off until a few months ago. I still use my card and pay it off every two weeks for whatever I charge.

However I didn't have ANY payments later than 5 days ( shows up on credit if payments are later than 30) and had ALWAYS made more than minimum payments!

And for those of you who don't like credit cards, there's always debit cards too, as long as they have a visa or mastercard logo they still build credit and it's your own money!

I think it's sick and sad that if a 21 yr. old like me with an average job, in a low middle class city has better credit than most of you, simply by paying my bills ON TIME!

Don't rag on the credit companys because you won't do what it takes to get your credit rating higher!
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#45 Consumer Comment

Steal while you can, soon the alarm will set.

AUTHOR: Aafes - (U.S.A.)

Once a liar, always a liar, never to be trusted. This describes the lack of morals and the personality of anyone who chooses to lie their way into a loan, job or otherwise.

" ...have always paid bills on time. Did you know they weren't reported on my credit reports? Did you know I've had the same electric service for over 5 years, the same cable service for 4 1/2 years, the same phone service for 5 years? The same insurance company for 8 years?! These bills were always paid on the due date or before." - Why would a company that did not extend you credit, report this on a credit profile. Utility bills, rent and the like are no more credit than taking your car to a repair shop and not knowing the total cost of the service until it is complete. The repair is complete, you received a service before paying and now pay once the total has been determined. Extension of credit and paying for a service after it is provided are as different as apples and oranges.

The credit bureaus don't work for you, they work for the creditors. They aren't paid to investigate every aspect of an item reported to your profile - they are paid to record what is reported and provide reports to business with which you apply for credit. There are processes in place which allow you to contest inaccurate information. Yes the credit bureaus will give the benefit of the doubt to the business reporting, that is where they make their money, and not from the consumer. Consumer vigilince is required, that is part of our society.

As for their posting of your private information, there is no real privacy any longer. All of the information they post, name, ssn, dob, place of employment etc. can be obtained with a simple fee based search on the internet.

Companies are not in business to let you have use of their money or to let you drive away with a car for which they paid the manufacturer for free. If you want free money, go to a family member or friend. Interest is the cost of borrowing. High interest is the cost of people who lie and cheat to obtain loans they don't deserve.

Using the excuse your credit profile was "thin" and you would have to accept sub prime credit is ludicrous. You simply did not do your research and take the time to look for a good lender. My son, with NO history of credit recently purchased a new car. While he could have easily taken a subprime loan, he instead did his research and ended up with a credit union loan at 6.9%.

The credit bureaus aren't stupid. If they have not already caught on the the METRO software scam, they will eventually do so and simply block the reporting by this software.

Steal while you can, soon the alarm will set.
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#46 Consumer Comment

Steal while you can, soon the alarm will set.

AUTHOR: Aafes - (U.S.A.)

Once a liar, always a liar, never to be trusted. This describes the lack of morals and the personality of anyone who chooses to lie their way into a loan, job or otherwise.

" ...have always paid bills on time. Did you know they weren't reported on my credit reports? Did you know I've had the same electric service for over 5 years, the same cable service for 4 1/2 years, the same phone service for 5 years? The same insurance company for 8 years?! These bills were always paid on the due date or before." - Why would a company that did not extend you credit, report this on a credit profile. Utility bills, rent and the like are no more credit than taking your car to a repair shop and not knowing the total cost of the service until it is complete. The repair is complete, you received a service before paying and now pay once the total has been determined. Extension of credit and paying for a service after it is provided are as different as apples and oranges.

The credit bureaus don't work for you, they work for the creditors. They aren't paid to investigate every aspect of an item reported to your profile - they are paid to record what is reported and provide reports to business with which you apply for credit. There are processes in place which allow you to contest inaccurate information. Yes the credit bureaus will give the benefit of the doubt to the business reporting, that is where they make their money, and not from the consumer. Consumer vigilince is required, that is part of our society.

As for their posting of your private information, there is no real privacy any longer. All of the information they post, name, ssn, dob, place of employment etc. can be obtained with a simple fee based search on the internet.

Companies are not in business to let you have use of their money or to let you drive away with a car for which they paid the manufacturer for free. If you want free money, go to a family member or friend. Interest is the cost of borrowing. High interest is the cost of people who lie and cheat to obtain loans they don't deserve.

Using the excuse your credit profile was "thin" and you would have to accept sub prime credit is ludicrous. You simply did not do your research and take the time to look for a good lender. My son, with NO history of credit recently purchased a new car. While he could have easily taken a subprime loan, he instead did his research and ended up with a credit union loan at 6.9%.

The credit bureaus aren't stupid. If they have not already caught on the the METRO software scam, they will eventually do so and simply block the reporting by this software.

Steal while you can, soon the alarm will set.
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#47 Consumer Comment

Steal while you can, soon the alarm will set.

AUTHOR: Aafes - (U.S.A.)

Once a liar, always a liar, never to be trusted. This describes the lack of morals and the personality of anyone who chooses to lie their way into a loan, job or otherwise.

" ...have always paid bills on time. Did you know they weren't reported on my credit reports? Did you know I've had the same electric service for over 5 years, the same cable service for 4 1/2 years, the same phone service for 5 years? The same insurance company for 8 years?! These bills were always paid on the due date or before." - Why would a company that did not extend you credit, report this on a credit profile. Utility bills, rent and the like are no more credit than taking your car to a repair shop and not knowing the total cost of the service until it is complete. The repair is complete, you received a service before paying and now pay once the total has been determined. Extension of credit and paying for a service after it is provided are as different as apples and oranges.

The credit bureaus don't work for you, they work for the creditors. They aren't paid to investigate every aspect of an item reported to your profile - they are paid to record what is reported and provide reports to business with which you apply for credit. There are processes in place which allow you to contest inaccurate information. Yes the credit bureaus will give the benefit of the doubt to the business reporting, that is where they make their money, and not from the consumer. Consumer vigilince is required, that is part of our society.

As for their posting of your private information, there is no real privacy any longer. All of the information they post, name, ssn, dob, place of employment etc. can be obtained with a simple fee based search on the internet.

Companies are not in business to let you have use of their money or to let you drive away with a car for which they paid the manufacturer for free. If you want free money, go to a family member or friend. Interest is the cost of borrowing. High interest is the cost of people who lie and cheat to obtain loans they don't deserve.

Using the excuse your credit profile was "thin" and you would have to accept sub prime credit is ludicrous. You simply did not do your research and take the time to look for a good lender. My son, with NO history of credit recently purchased a new car. While he could have easily taken a subprime loan, he instead did his research and ended up with a credit union loan at 6.9%.

The credit bureaus aren't stupid. If they have not already caught on the the METRO software scam, they will eventually do so and simply block the reporting by this software.

Steal while you can, soon the alarm will set.
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#48 Consumer Comment

How To

AUTHOR: Jennifer - (U.S.A.)

I see that you cannot put any links in here or emails or anything to contact someone about this subject, I really am very interested in learning more about this and helping to improve my score, I have been trying for 3 years and still not improving beyond what it was when I first screwed it up even though I have disputed and disputed and disputed over and over again, I looked up the metro software but I rely don't see where to use this or how to do this so can someone please contact me, Jason you know how to do this can you help?

Thanks,

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#49 Consumer Suggestion

John from Chandler

AUTHOR: Jason - (U.S.A.)

Personally, I don't feel I cheated. I have always paid bills on time. Did you know they weren't reported on my credit reports? Did you know I've had the same electric service for over 5 years, the same cable service for 4 1/2 years, the same phone service for 5 years? The same insurance company for 8 years?! These bills were always paid on the due date or before.

They weren't factored into my credit history. They were excluded, thus making me a high credit risk. It has nothing to do with not paying bills. What part of paying bills on time every time, no delinquencies on my credit, does anyone not understand?

Is it fair for the credit bureaus to compile a profile on me, without my consent for the purpose of making money? Heck no it isn't fair. They unfairly profit off of us, "for profit" private companies as they are dubbed. They could care less about consumer assistance. They often drag their feet, and violate laws every day. Do you see these people in prison. I fail to see how it's fair. They are treated better, it's discrimination by the government. They willingly violate the law and get a slap on the hand, we do something to harm the credit bureaus or the integrity of their data (or OUR PERSONAL INFO THEY ARE USING TO MAKE MONEY OFF OF US) and we get sent to prison. It is clearly discrimination by the government.

I fail to see how it is fair for me to be dubbed a high credit risk because of a thin credit file. No negatives, none the less. A few positives, but that 8 something years worth of on time payments aren't factored into my credit reports. Then I get stuck with a 17 to 24% car loan, on a car with high mileage from a sub-prime dealership?! You call that fair? You feel that I should have just taken that instead?

Cheating the system to get a chance I should have gotten with my good payment habits was the only way I could get a decent car loan, or other types of credit I needed. Yes, I felt compelled to pay my bills from the beginning, because I feel it is wrong to take out a loan and not pay it back. Cheating allowed me to get favorable interest rates, any loans I needed at the snap of a finger, and will continue to make my life easier (your credit is a major asset). Yes, I would not have cheated had all those utilities I paid on time for years were on my credit reports. So I only enhanced my credit to accurately reflect my true payment habits. Only difference was, loans that were non existant were used in place of all my utilities I always pay on time.


Wow, the credit bureaus have put an obstacle up. They even willingly give bill collectiors skip tracing assistance. Did you know that every consumer who gets declined will likely re-apply or apply somewheres else up to 3 or 4 times in a 2 month period? This means more money for the credit bureaus. Now you know why they hate having positive info added or deleting negative info. It costs them hard pull revenue.

It's always know people will find a way to get over on the system. Those who cheat the system to get ahead in life, saving money, enabling them to save more money for retirement, college funds, or food on the table; those people are doing it for the right reasons. The ones who cheat to steal from creditors and run with money are the ones who should get caught.

Who cares if I didn't take the 20% auto loan and cheat the system, taking a 7% auto loan and a new car in turn? Like the multibillion dollar lenders will hurt from a few thousand dollars lost. It only enables me to survive better. Plus, getting a good reliable car is more important than taking the "moral" route and taking the clunker at 20% interest.

Survival is more important than a company making money.

The companies say, their survival is more important than saving consumers money. SO if we went broke from the interest they charge us, they could care less, right? So why should we care about them when they loose a few thousand on us? It's all about survival. They (the companies) have to survive, but we also have to survive. We don't revolve around them. They don't revolve around us. So it's every man for themselves. If I cost creditor A $2000 in less interest, and that goes towards food on the table, you think I will feel bad?

No, because that $2000 in interest was charged to me in vain. Charged to me because of my thin credit file. Utility accounts that weren't reported, are non existant to many creditors. Heck, it's all a game of making money. Unfortunately, the creditors aren't the only ones entitled to making money. We are too. Remember, we as the consumer PAY THESE DAMN CREDITORS their paychecks.

The credit bureaus sell false negative info about people all the time. So selling false positive info is supposed to be different...how? HOw can one go to prison for having false positive info added, yet the credit bureau employees can't go to prison for willingly selling false info about someone? Why is it the credit bureaus can force us to maintain our own profiles, we have to BUY OUR INFO. Not theirs, they are charging us to buy our own info which they took without our permission? How is that fair? So why can't we modify OUR OWN FILES? Or have false info added? It must be ok to add false negative info then?

It's all a game of money, between the credit bureaus and consumers, and lenders and the consumer.

It's up to you to grab your piece of the pie for survival. They say to hell with morals. I say to hell with morals.
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#50 Consumer Comment

I don't have to agree with the scoring system but I do recogise that someone has to be between the consumer and the credit companies

AUTHOR: John - (U.S.A.)

Every day I am faced with choices to do what's right or wrong. I usually recognise that what is not the right thing to do. I teach my kid that lesson too. Get up every day, go to work. There are no short cuts. Someone gives you too much change correct them. Be honest.

When you work hard for things you usually appreiciate them. I work hard at my credit. I did when I served in the military too. One of the tests while in the Navy was to put 50lbs of sand in my alice pack and hike 15 miles. This was a test of honor because some guys only put in 45lbs. They didn't make it to the team.

It's a life lesson. If you cheat you will probably fail again and again. You can choose to blame the credit bureaus for creating an obsticle. Most in society have found ways to overcome that obsticle.

I don't have to agree with the scoring system but I do recogise that someone has to be between the consumer and the credit companies. Some people feel intitled to things and will use any means to get what they want. A bad credit rating usually means creditors were not paid according to the terms and conditions of the contract. How does cheating help you over come your circumstances or bad choices? If you feel compelled to chet the system then why would feel compelled to pay your bills?
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#51 Consumer Comment

Credit Bureaus and legality

AUTHOR: Amie - (U.S.A.)

I have read this information with much curiosity and would like to add some information about legality and the credit bureaus.

From the day that you turn 18 years old in this country, without any permission from you or your parents, Transunion, Equifax, and Experian start a file on you. This includes YOUR personal and private information that shouldn't be just opened without any express permission.

With that in mind there is also the credit bureaus themselves. They certainly don't follow the laws that they are supposed to when it comes to record keeping. They are keeping files of your most intimate and private details, yet we are supposed to sit by, and not speak up, even when they continually do something wrong? It's awful.

I feel that until the FTC, and the government begins the regulations on these companies, and they comply to the law as they are supposed to that all is fair in love and war. The only person that is being hurt is the one who is having false information continually supplied to his/her credit report and the bureau, and the government won't stop it. This is YOUR personal file, and YOUR personal and private information, not anyone else's.
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#52 Consumer Suggestion

...Your still not getting it AAFES

AUTHOR: Jason - (U.S.A.)

Your still not getting it AAFES. I don't purchase things I can't afford. I always pay double or triple monthly payments. I paid off my computer loan and furniture loans several months early. What part of getting things I can afford to pay with cash don't you understand?

I have paid half my carloan off already, in 1 years time. I happen to make good money, and I feel paying off the loans early reflects that.

Since you are so bent on insisting I am buying more than I can afford. If I was, I doubt I'd be making double monthly payments, sometimes triple.

Also, I have always paid bills on time. I've been branded with being a new credit risk. Not enough credit experience. My cable, phone, insurance, gas, rent, and any other bills I've ever paid haven't shown up on my credit. They weren't fairly factored into my reports. Thus, I am branded a higher credit risk than I really am.

Do you understand all that AAFES? I tried to speak in 4th grade language for you, since you don't read my posts thoroughly enough.

We all know the credit bureaus are not here to help the consumer. They are consumer unfriendly. They tend to help businesses maximize their profits. I was simply making my reports reflect my real payment habits. I'm sorry, but I'm not going to take a 15 to 20% auto loan, due to a lack of credit history. Knowing full well that I've never been delinquent on bills. Why should I have to pay the same interest as someone who habitually skips bills? Is that fair? I think getting the same interest rate as someone like me, who never skipped on bills, and always made good on what they owed, is more fair.

So if anything, the fraud should also be applied to the businesses who refused to factor in payment history on all my utility and rent bills. Had they actually factored in these bills, I wouldn't have to go and become a criminal to get the rightful interest rate my payment history should deserve.

This "not enough revolving credit experience", "your oldest bank card hasn't been open long enough" crap has to stop. Lots of us are fairly new at credit. Yet, we've been paying bills on time for years. Why are we being penalized because the credit bureaus decided utilities and rent don't belong on a credit report? Just another excuse for the credit bureaus to make more money for the lenders.

Fraud or not, corporations have to make their money. Yes, it's business. We have to survive on income we earn. If we can save money here and there, it's business.
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#53 Consumer Comment

If there is any justice

AUTHOR: Aafes - (U.S.A.)

If there is any justice, Jason will see some jail time. Then perhaps this thief will understand something more clearly about the "anal" remarks he made to "D".

You committed fraud Jason. If you were such a financial wizard with your money then #1 - you would have NO need to defraud a business with false information to get a good interest rate and #2 - you wouldn't be purchasing things you could not afford in the first place.

Yes the companies make a profit. Sorry, that is what capitalism means. Honest investors expect a good return for their money. The money lost each year by those who defraud these companies or are just outright deadbeats also reaches the BILLIONS. The losses are passed on to the rest of us.

I hope it is reality, not your paranoia that these "black SUV's" are following you...if so, you soon have to try and manipulate another system - the prison system. Good luck, thief.
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#54 Consumer Suggestion

Get what?

AUTHOR: Jason - (U.S.A.)

D from Oklahoma, you need to take a chill pill. Why are you getting so p!ssied out? First off, you must've taken offense to this. You must be a lender, huh?

LIke I said, I am being watched. A black SUV with government plates has been in several places I've been in. The company that assisted me over a year ago has since been dissolved. I recently got contacted by the police about the matter. So whatever happens, happens.

But you are crying over spilled milk. You are a crybaby. A big one at that. You were probably horrible as a kid. Cried when you poopied your diaper, and didn't get your way.

I will say it sloooowwwlllyyy..for you to comprehend. Lenders who loose a grand in less interest will hardly feel it. That's pennies and nickels to them. Multibillion dollar enterprises are in the business to make money. Why should we willingly feed their bank accounts more? Why not save some money, put it for retirement, or your childrens college fund?

Oh, thats right! Laws state that finaggling your way out of even small amounts of interest (stiffing the lender of it's rightful money) is a crime. Oh, a grand lost to company A whose profits for 2005 was 2 billion dollars! Wow! A whole 1,000 USD would really put a dent in that 2 billion. Gosh!

Yet for many of us, that grand can really come in handy. Not lining the pockets of company execs.

I think the laws should be aimed more towards meaningful threats. Not simple petty @$$ stiffing company A of 1 grand in interest, company A whos profits measure in the billions. How about concentrating on terrorism, murder, rape, robbery, kidnapping, crimes against children, missing people, and other investigations that take precedence over a company who was bilked out of .0000001% of it's total worth.

It's idiotic if you ask me. No wonder bad stuff always happens to good people. Because the government is more concerned about companies than it is of it's own national security. That Bush character is a joke if you ask me. So before you get your panties in a knot, D from Oklahoma, you need to concentrate on that rough orifice rimming you got last night. You meddling pus filled flaming hemmerroid.
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#55 Consumer Suggestion

not an employee

AUTHOR: Jason - (U.S.A.)

I am not an employee of this site. I am simply pointing people in the direction of this site. I even went on to caution that the site charges exhorbitant prices for a simple tradeline. Infact, if you want a fully seasoned tradeline (auto loan or mortgage...shows as paid off), then your talking 1 grand plus. If they want to spend that money, they may.

I am not even sure if it works. That's why I said to do it at your own risk.

If it makes you feel better, the supposed company that provided services to me and others was recently dissolved. I among others were questioned by police. They contacted me by telephone. I didn't think anything of it, but like Patrick said, I'm sure they aren't stupid. If they decide to come after me, which seems like a possibility, then I guess I brought it on myself.

There has been a black SUV with government plates that has been in the same places I've been (near my residence, my local grocery store, at the gas station, and sitting outside my place of employment). The police had all my info, so I'm sure they know. Someone even went through my email last week.

I might be nieve, or in denial. I dunno. For some reason I can't access my credit reports now. I keep getting a message that my reports are unavailable, and to contact the credit bureaus immediately.
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#56 Consumer Comment

Jason must be promoting this criminal site

AUTHOR: D - (U.S.A.)

Jason you idiot, after seeing your posts and then seeing this credit engineering dot com website, I think you must be either an employee or someone paid to come on here and try to promote this scam. You are advocating committing a federal crime, and you and this website should be investigated by the FBI. It is my hope that the Editor of Ripoff Report turns over your account info to the FBI so they can track you down and bust your ignorant ass as well as busting the fools who are running this criminal website. EDITOR, IF YOU ARE SEEEING THIS, YOU SHOULD TURN OVER THIS JASON'S ACCOUNT INFO TO THE FBI SO THEY CAN TRACK HIM DOWN AND ARREST HIM!!
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#57 Consumer Comment

Still a crime.

AUTHOR: Patrick - (U.S.A.)

Jason,

Don't get me wrong. I fully agree that the current system does not work perfectly, and that the CRAs are one of the worst organizations, next to Collectors and lawyers, but as they say, two wrongs don't make a right.

Most of the people you have directed to one system or the other probably deserved the credit ratings they have. I do feel for those who have had their identity stolen. Hell, even kids are getting hit by these scammers now. That's why I shred everything that has my personal information on it now.

And I've seen a lot of these "Fix your credit" type organizations, and most of them are scammers themselves.

Do you really want to make a difference? Then make your voice heard. Contact any and all government representatives that you can, from your local politician, all the way up to the lawmakers in DC.

I have had my share of credit problems in the past, and have paid exhorbitant interest rates, but all of that was my fault, and I freely admit that. I've worked hard over the past few years to get back on track, and I finally have a credit rating to be proud of. Cheating the system is just that, cheating.

As far as you getting caught, all I have done is suggest that it is a possibility. You are never 100% certain of not getting caught.
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#58 Consumer Suggestion

It doesn't matter

AUTHOR: Jason - (U.S.A.)

Ok, I did admit that it was a federal offense to hack. There is no doubt about that. But apparently others are finding ways other than hacking. Some have family members add fake tradelines. Some hire companies to add fake tradelines.

Minus the beginning of the hyperlink and the end...creditenginering is the place to go. Creditengineering can solve some problems "hint hint"

I'm not helping them cheat Patrick, I'm helping them save money in the long run. If there is a way to save 50 grand in interest over several loans these people obtain, you can bet they will do it.

It's illegal for us to have fake positives added, yet when the credit bureaus refuse to delete identity theft accounts right away, then sell this info, isn't that illegal? Yet they don't get in trouble. Only we do. Wow, they can bend the system to their own convenience, while we have to abide by it.

Since when do government laws allow for private companies to dictate the financial pace this nation goes at. Then what government would allow protections for these private for profit companies that seem to hold everyones financial data.

Seems to me when they break the law they must have thousands of complaints for some action. Yet when we break it and enhance our own credit files, we get sent to prison. How is that fair?

A lender who loses 1 grand in interest is not going to bleed from every crevice over that 1 grand. Multibillion or multimillion dollar companies will not feel the impact of a measly 1 grand. Yet, to us, 1 grand is quite a few bills, more food on the table, more funds for retirement.

Why should we care about being honest for the lenders? They are in the business of bleeding us dry. The credit bureaus are in kahoots with them (check out the vantage score model soon to be released...states many reports will have lower scores due to inconsistencies weeded out, thus more money for the lender. Plus the middleman FICO isn't being paid for each score. The 3 bureaus developed this score...thus maximizing their profit).

I fail to see how spilled milk equates to a nuclear wasteland. I have pointed over 4 dozen people in the direction of the company that assisted me in the hacking. I have also pointed dozens more towards this company which provides buying tradelines.

I will most certainly help others save money. Remember, I don't get the loans to run and default.

Do you not get it?? I could have chosen to be stuck with a 15 to 20% auto loan, but chose a much much lower interest rate. I have been able to pay off a lot of loans and most will be paid off in half the time. Money is not an issue to me. I don't buy more than I can afford. I just needed a jumpstart to get my credit going. Now it's on a steady roll.

How would it catch up to me? Explain to me how.
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#59 Consumer Comment

So much for that.

AUTHOR: Patrick - (U.S.A.)

Jason,

Did you honestly think the site administrators would allow you to post that web link here? Looks like you will need to find another way to help people cheat.

And it doesn't matter if you pay all your loans on time, or ahead of time, you still committed a FEDERAL OFFENSE by hacking a prtoected website and adding false information to your credit file. I have a feeling that it will all catch up to you one day, no matter how carefully you planned it all out.
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#60 Consumer Suggestion

You can buy fake tradelines here

AUTHOR: Jason - (U.S.A.)

For a cost, you can add fake tradelines here. I don't know the legitimacy of the site, so do it at your own risk. The price is a little high, especially if your looking for a larger tradeline, but i'm sure the benefits of reduced interest and easier loan approvals will outweigh the cost.

It takes a while too. As far as I know, it is not illegal, no hacking is going on, your not having family members who are in the lending industry add fake accounts to your credit record (artificially inflated credit score), your using your OWN money to buy a tradeline.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
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#61 Consumer Comment

Angela & Ben- HELP! Need some advice

AUTHOR: Bobbie - (U.S.A.)

Hey guys, I need some advice on access codes. Can one of you contact me? It would be greatly appreciated. Yahoo email accounts get a lot of spam, so if you try contacting me and the email bounces back, resend. I usually empty my folder twice a week.

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#62 Consumer Comment

I AGREE WITH ANGELA & BEN

AUTHOR: Bobbie - (U.S.A.)

when are we all going to stand up and take absolute control over what happens to us. These freakin' companies run ramshod over us. What are we to do roll over and take it?? PLEASE. Good for you Angela. I'm happy for you that you were able to manipulate the situation in your favor. You are my new SHERO! Contact me and tell me how to do it.

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#63 Consumer Comment

I Need your help

AUTHOR: Matt - (U.S.A.)

I just bought a car for 21% interest and traded my jeep that I just bought for 5000 into the dealer. They told me the financing was approved and then repoed my car and told me that they were taking my original jeep as a rental payment and I am totally screwed because I cant get a car anywhere because of bad credit and now I cant even goto work. Ive got kids, and a wife to support I need to know how to do this very bad.. I found the software but I cant find any access codes. Screw the credit bureuas, they have ruined my life. mail me or something

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#64 Consumer Comment

assistance please

AUTHOR: Angela - (U.S.A.)

can someone assistance me with finding the website i need to go to and what is recommended? Please post that below.
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#65 Consumer Comment

Hacking is wrong

AUTHOR: Jose - (U.S.A.)

Listen folks, I am in the military and they royally screwed me and my wife over by not paying me for half a year in 2004. I had brought my rating up from a 317 to a 550 and my wife's was always excellent. Both of our scores plummeted as a result of not being paid. We had to use our credit cards to pay bills and some got cancelled despite our sicerest efforts to avoid this. So I DO know what you people mean. However, hacking the cra's systems is a crime and you can be found out. When you are you will be prosecuted and you could recieve jail time. You will also be a felon, good luck getting a job. Think about it how good is your rating in a 6x9 cell? When you get out your rating will be shot anyway and won't be able to get a job. Many people like me and my wife brought our ratings up the honest way. You can use lawyers to fix your report legally, and for not that much money. Here are some facts that rebutt the reasons that some of these criminals are putting up. First, no information EVER leaves your report. However, the longer it has been there the less of an impact it has. For instance, you get a credit card at age 18, burn it and it gets charged off. As of seven years after that date, that chargeoff,while still there, holds NO weight. Your goal is to fill that gap with as much good credit as possible. Secondly, as far as checking your credit for insurance that issue is being looked at by the government. Two states that I know of have already banned it and more are to follow. So, be honest people it's really not worth being a felon so that you can get a gold card or a new car, remember you can't use them in jail. There are other options open. God Bless America
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#66 Consumer Comment

Future of America?

AUTHOR: Patrick - (U.S.A.)

Man, if this is what the future holds for our great country, then I am truly saddened.

As much as I dislike the Credit Reporting Agencies, and disagree with their policies and reporting procedures, we still should not be resorting to violating Federal Law.

Want to change how the CRAs operate, and to make things more fair? Write your local government representatives.

This works! Just look at the FACT Act that was passed in 2003. Sure, it may not be much (1 free credit report per year), but at least it's a start.

It's just sad to see what people will resort to.
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#67 Consumer Comment

metro 2

AUTHOR: Dahlia - (U.S.A.)

Hello again...I have a question...Do I have to aquire the metro 2 software before I can obtain or search for access numbers?????? Someone please let me know ASAP!!!!!!


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#68 Consumer Comment

which metro 2 software to purchase fromcredittime 2000

AUTHOR: Dahlia - (U.S.A.)

Hello to all using the metro 2 software. my question is there are more than 1 software to choose from. i just want to make sure i purchase the right one. They range from 99.00 all the way to 595.00. Which one do I purchase. Is it okay for me to purchase the one that is 99.00 dollars? Someone please let me know...Especially Angela....Thanks you guys!
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#69 Consumer Comment

tired of being cheated

AUTHOR: Dahlia - (U.S.A.)

This is definately not stealing. What about police officers that steal the property of arresstees, what about the people at the airport that steatl out of bags, what about your creditors having contacts with the credit bureaus to keep hard working people down by miscalculating credit scores on purpose to ensure that banks and other business profit....oh and then they split the profits ( millions of dollars)..so to the clowns that don't believe in having a better chance..screw you...I bet all of them were born with a head-start to society because of class or color. for those persons..you will nerver understand because you guys fail to realize that you even stole this land!!!!!!!!!!!!!!!!!
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#70 Consumer Comment

It's ok to steal the "bad big brother" theory

AUTHOR: Larry - (U.S.A.)

It is amazing reading all these "honest" people explaining why it is ok to steal. It is funny how people in our country can justify ANYTHING and then claim to be "moral".

The truth is that, as of October of last year, you cannot report trade to a bureau without having access to "E-Oscar" through the Consumer Data Industry Association.

And, an "access code" is not the same as the reporting code used by the bureaus. These codes cannot be obtained from a "hacker site".

You are all being led around by clowns. Sadly, many here are adding their own justification of theft because of the "bad big brother" theory.
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#71 Consumer Comment

Ok I am lost here

AUTHOR: Jason - (U.S.A.)

Ok I hear everyone talking about this, but I found the metro 2 software but its 600.00 Is there anywhere else to find it? Also where are the hacker sites for the access codes??
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#72 Consumer Suggestion

Go for it, all of you!!!

AUTHOR: Cindi - (U.S.A.)

I really applaud all of you who want to clean up your credit. There are a lot more reasons for doing this than you have stated. Starting with your car insurance rates. You are rated now also by your credit scores. The lower you are the higher your rates become. Your homeowners insurance, the same. We are all penalized. Sorry that we do not make enough money to rate excellant credit scores, but it seems every month that some emergency comes about and we have to rob peter to pay paul. We are stuck in a minimun wage area and no over-time allowed, so we need something to help us. No one else will. You go for it and congratulations for finding a way to screw them!

Did you ever try to get a phone # for these sob's? If you do, it's always a recording.
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#73 Consumer Suggestion

Go for it, all of you!!!

AUTHOR: Cindi - (U.S.A.)

I really applaud all of you who want to clean up your credit. There are a lot more reasons for doing this than you have stated. Starting with your car insurance rates. You are rated now also by your credit scores. The lower you are the higher your rates become. Your homeowners insurance, the same. We are all penalized. Sorry that we do not make enough money to rate excellant credit scores, but it seems every month that some emergency comes about and we have to rob peter to pay paul. We are stuck in a minimun wage area and no over-time allowed, so we need something to help us. No one else will. You go for it and congratulations for finding a way to screw them!

Did you ever try to get a phone # for these sob's? If you do, it's always a recording.
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#74 Consumer Suggestion

Go for it, all of you!!!

AUTHOR: Cindi - (U.S.A.)

I really applaud all of you who want to clean up your credit. There are a lot more reasons for doing this than you have stated. Starting with your car insurance rates. You are rated now also by your credit scores. The lower you are the higher your rates become. Your homeowners insurance, the same. We are all penalized. Sorry that we do not make enough money to rate excellant credit scores, but it seems every month that some emergency comes about and we have to rob peter to pay paul. We are stuck in a minimun wage area and no over-time allowed, so we need something to help us. No one else will. You go for it and congratulations for finding a way to screw them!

Did you ever try to get a phone # for these sob's? If you do, it's always a recording.
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#75 Consumer Comment

They should be held accountabel for the wrong that they do.

AUTHOR: Monica - (U.S.A.)

Can someone tell me how to get this cd...This sad that we have to do this when there is so much money being spent on killing and wars the government cannot get the credit reporting agency in line. They should be held accountabel for the wrong that they do. We should not have to backdoor them or sue them but we ive in America and war is more inportant than human rights. Credit Reporting Agency should be the most perfectly ran business out there..next to banks of course. I have things on my report that are over 6 yrs old they have been settled and still are not removed. i even have things that are posted several times. I have tried and tried with no results..i need help..i have 3 car loans all in good standing student loans all in good standing but a low credit score. partley because of these items. I dont know what else to do...
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#76 Consumer Comment

To everyone considering doing this. FEDERAL CRIME to hack a computer database

AUTHOR: Patrick - (U.S.A.)

For all those considering taking "Jason's" advice and hacking the CRA databases, I say DON'T DO IT. Jason has already admitted that it is a FEDERAL CRIME to hack a computer database after I pasted a link to United States Code 18, Section 1030.

Go here: http://www.rent-a-hacker.com/hacklaw.htm

Is it worth jail time to try to improve your credit score? Something to think about.
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#77 Consumer Comment

Found Software, Need Account Location

AUTHOR: Tom - (U.S.A.)

I have found the software but would like to establish emails with those who have found the accounts and used them

Thanks much. very grateful.
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#78 Consumer Comment

BEN HELP ME !

AUTHOR: Suleiman - (U.S.A.)

hello

i have posted several comments , i need your immediate help. I'm interested just tell where i can acquire the metro 2 software and how can I get the access codes!
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#79 Consumer Comment

ANGELA help

AUTHOR: Suleiman - (U.S.A.)

ANGELA i'm glad you got your stuff going O.k. I guess i need a breakthrough also, Can you please contact me and help me ?? i'd be very appreciative I am eager to do it !

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#80 Consumer Suggestion

HELP !!!!!!!!!

AUTHOR: Suleiman - (U.S.A.)

how do you get started?? how can I download the program to start with metro 2. Then how do I get the access codes and stuff! please help your desperate brother i just want to finish my college education.

my experian score is 659 is this bad or good? i was rated at Poor. lol

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#81 Consumer Suggestion

I tried these methods, and they aren't illegal

AUTHOR: Jason - (U.S.A.)

I have tried this credit trick. The only problem I have is I can't get into Equifax. Perhaps they are catching on? Since I added a 5 year 30,000 dollar loan paid off in 42 months to transunion and experian, and 8 years worth of ficticious credit card payments on a 100,000 dollar limit, I qualified for refinancing my current car loan. I am 4 months into my 2004 Jeep Wrangler loan. Because I had little credit I was able to get the car at 10.9 but I got my bank to refinance it for 5%!I just saved over 7 thousand on this 48 month loan. For that idiot who "is honest with his financial dealings" who said anyone was being dishonest? You do it the good way by paying your bills. I'll bet you all the credit lines in the world that you would do the same thing if your credit was not really good, or had an absence of credit. Or you would be a big ass idiot and NOT add false items to your credit and choose to pay thousands more in interest. Dishonest asses like us sure save money. Plus we short circuit what those credit bureaus are really about. Hopefully once word gets out that they are selling inaccurate information, they will get hit with multiple lawsuits and go bankrupt. No credit bureaus to make profit off of us then! That would be awesome.
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#82 Consumer Suggestion

Heres an update

AUTHOR: Ben - (U.S.A.)

I did a check on my credit reports. All the accounts have show up. I am showing a nearly 120 point increase in my Equifax profile. Most of my bureaus are 100 + gains. The stuff I ordered from dell has been shipped as of today. I am considered a "preferred customer account holder" so my interest is much lower. I applied with Chase and qualified for their zero interest transfer of balances. Also, I qualified for the 7.9% fixed rate which is rated Elite. The preferred or premium rate is 12.9% and the standard is 19.9%. Now you tell me Tom whether I should feel like an ass for bending the system which has a tyranical control over our financial lives. I can now enjoy 6 months of interest free credit on my newfound credit card. I qualified for 15,000 dollars in credit, so I can transfer my 2,000 dollar balances on my two cards and stay under 30% of the balance. Yep, I sure feel like an ass for being dishonest. Man it hurts!
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#83 Consumer Comment

HELP

AUTHOR: Eric - (U.S.A.)

Hey Ben can you contact me and help me get the ball rolling for me?? I've already had people respond to me and ask if I've heard anything from my previous post. It owuld be greatly appericated! Thanks again
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#84 Consumer Suggestion

One more thing, very important

AUTHOR: Ben - (U.S.A.)

In my post a few hours ago, I mentioned that I only do this at night. Our library is open until 9 PM. If you do this at the public library, be wary of cameras. They caught me today using a phone line next to a shelf of books. It is not a good idea to do this during the day, because the credit bureaus have live persons on the servers during the day. If you can find a place during the early evening hours like a bookstore to use your scheme, this is most recommended. I'm so surprised someone would be offended for people like me doing this. If anything, they should be offended at the credit bureaus. Since those "private non-government" companies take our personal information to make profit, I feel thats who we should be offended. I don't know what drives people to madness when we find ways to beat these companies. It is not a crime because I am not accessing anyone elses personal information, nor am I altering anyone elses credit file. That is fraud. I am altering my own credit file, that is not fraud. At worst, breaking into their repository to report information to my own account is considered hacking. But because I am not causing any damage, it is not a crime. If we can get ahead by taking advantage of lower interest rates to transfer credit card balances and zero interest car loans, i'm for it. For those critics who denounce "manipulating the credit reporting system" i'm sorry to say this, but your honesty may cost you! If you were late on a few payments because of hard times, would you feel wronged because those private companies are profiting off of your setback? Causing you thousands more a year in extra interest? I sure would. By wronging them, you can feel good about being assured the best loan rates as well as helping those greedy bastards out. It took them long enough to give us free access to our own personal information.



Also, to get a free credit report from Experian when you want, day after day follow the following steps:

Go to experian.com and pull up the "order your personal credit report" page. Then go to the smaller writing above which says "under certain circumstances you may qualify for a free credit report." Click on this link and it will take you to the free credit report page. Fill out your personal information. Then in the bottom, type the name of a business involved in the adverse action (denying you credit in the last 60 days). Make sure this is a company you know has placed an inquiry on your credit report. Type the name in, and go on to the verification page, verify some past accounts and proceed to view your free credit report. I have done this for the past 5 months, and it's how I can keep track of my Experian credit report. I have gotten several of my friends to do this also.



I am going to show my friends how to add stuff to their credit reports also. Don't be surprised if in a year the credit bureaus announce an influx of consumers adding false and maligned accounts to their files to gain an advantage in the credit world. I would love to see how the almighty credit bureaus would handle this one. Since they steal our information and make profit off of us, I doubt they can do anything.



Just remember, use this for your own account only! Don't access a bosses credit report, or ex spouse, or use this program to get back at an enemy by adding negative information. It is not illegal untill you mess with someone elses identity. Messing with your own identity is not against the law. Since you can't press charges on yourself. Enjoy the program and have fun with your newfound credit!



Angela might not realize this, but a year from now she will be hailed a hero in the underground of hacking. She will have millions of consumers who might look up to her as a savior. If you read this Angela, you have my full and 100% respect. If I ever met you, I would kiss your feet for ages to come. Thanks again.
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#85 Consumer Suggestion

Tom, you don't understand

AUTHOR: Ben - (U.S.A.)

You don't understand the point here. I make 32,000 dollars a year working as a LVN. I already have a vehicle and a few credit cards. The only problem is, I am paying 12% on my vehicle loan, and almost 15% on my credit cards. I am doing this because I can raise my scores dramatically and qualify for zero interest financing. The type of financing only people like you can qualify. I have a "fair" credit rating. Therefore, because I can only get fair financing options, the credit bureaus seem fit to profit off of us. We never asked them to sell "our" financial information to make profit. They benefit, while we don't benefit. Plus, I think it's absurd that a private company dictates the quality of financial lives we live. I think it's time we dictate what quality of financial lives we live. Since I am in the market to buy a house by summer, I will be able to qualify for much lower interest rates. I was able to pull 7.5 to 8.0 on a mortgage with 2 points. Now, if my score shoots up high enough, I can qualify for 6 to 6.5 with 1 point. It's called manipulating the credit system.



Now I understand that I misstated 50,000 in credit as a good thing. I don't intend to run up the entire balance. In fact, my current cards (wells fargo visa, and bank of america Visa {chase bank and JP and Morgan}) are around 14.9%. I am running 40 to 50% of the credit limit on them each month. Why pay that absurd interest rate when I can qualify for Discover Gold (only available to those with excellent credit), and transfer my 2 thousand dollar balances and pay zero interest. Thats what I intend to do. I am good about keeping the balances low, but paying nearly a hundred dollars in interest a month is not my idea of fun. So by manipulating the way credit bureaus profit off of me, I will manipulate the way they dictate my financial life. So yea, i'd rather be "dishonest" and save thousands a year in interest, than be honest and allow the credit bureaus to dictate MY financial life. By the way, a 10,000 line of credit I reported a few days ago has shown up on my Equifax credit report as of today. 4 years of solid on time payment history has been added to Equifax raising my score from 673 to 724! I am now in the "good credit category" and I can easily qualify for the "premium" credit offers with little or no proof needed! This is according to Equifax 'Score Power'. Experian has shown GMAC financing on a 5 year Suburban loan with a line of 32,481.00 paid as agreed added today. So you tell me, TOM, that being dishonest is better so I can pay much less in interest a year. I am just doing what I can to secure my financial future. I applied with Best Buy, which uses Household financial services and checked my Experian report. I order an Mp3 player and several other goodies totaling 1,370 dollars. My total credit line availabe was 2,500 dollars. I am pondering ordering a new top of the line laptop also. I am mailing a payment of 1,000 dollars on Friday. So Tom, I am not irresponsible with my credit. I have a lot of money available to pay off balances, I only have a few late payments here and there, which is why my credit is rated Fair. I am doing this to give me better opportunities to buy what I need on credit and boost my score in return. This way, I will be able to qualify for premium financing this summer for a house, I will have saved nearly 60,000 dollars if I can get my interest rate from 7% to 6%. You are entitled to your own opinion so that doesn't make you anything other than informed and free minded. I am expressing my opinion on why I'm doing this, and that makes me informed and free minded.



One more word of advice, this is a complex program which took me 3 hours to get the basics down. It took me over 2 hours to get access codes for all 3 bureaus. The problem is, the access codes must match the name of the business and type of account EG: Visa credit account must match a Visa access code, a Ford Motor Credit must match a Ford motor credit line of credit. I only do this at night, and you must use dialup from a location other than your house. A public building with a phone line (I did it at the local library with my laptop) where it isn't tracable, and a local dial-up ISP giving the provider FAKE information about you is definently very smart. Don't do it at your house or on an account where anyone might identify you. I doubt it's illegal to do this, since the credit bureaus steal our information to make a profit. But better to be safe than sorry.



Thank you and I will keep you informed of whether anything else gets on my credit.
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#86 Consumer Suggestion

Tom, you don't understand

AUTHOR: Ben - (U.S.A.)

You don't understand the point here. I make 32,000 dollars a year working as a LVN. I already have a vehicle and a few credit cards. The only problem is, I am paying 12% on my vehicle loan, and almost 15% on my credit cards. I am doing this because I can raise my scores dramatically and qualify for zero interest financing. The type of financing only people like you can qualify. I have a "fair" credit rating. Therefore, because I can only get fair financing options, the credit bureaus seem fit to profit off of us. We never asked them to sell "our" financial information to make profit. They benefit, while we don't benefit. Plus, I think it's absurd that a private company dictates the quality of financial lives we live. I think it's time we dictate what quality of financial lives we live. Since I am in the market to buy a house by summer, I will be able to qualify for much lower interest rates. I was able to pull 7.5 to 8.0 on a mortgage with 2 points. Now, if my score shoots up high enough, I can qualify for 6 to 6.5 with 1 point. It's called manipulating the credit system.



Now I understand that I misstated 50,000 in credit as a good thing. I don't intend to run up the entire balance. In fact, my current cards (wells fargo visa, and bank of america Visa {chase bank and JP and Morgan}) are around 14.9%. I am running 40 to 50% of the credit limit on them each month. Why pay that absurd interest rate when I can qualify for Discover Gold (only available to those with excellent credit), and transfer my 2 thousand dollar balances and pay zero interest. Thats what I intend to do. I am good about keeping the balances low, but paying nearly a hundred dollars in interest a month is not my idea of fun. So by manipulating the way credit bureaus profit off of me, I will manipulate the way they dictate my financial life. So yea, i'd rather be "dishonest" and save thousands a year in interest, than be honest and allow the credit bureaus to dictate MY financial life. By the way, a 10,000 line of credit I reported a few days ago has shown up on my Equifax credit report as of today. 4 years of solid on time payment history has been added to Equifax raising my score from 673 to 724! I am now in the "good credit category" and I can easily qualify for the "premium" credit offers with little or no proof needed! This is according to Equifax 'Score Power'. Experian has shown GMAC financing on a 5 year Suburban loan with a line of 32,481.00 paid as agreed added today. So you tell me, TOM, that being dishonest is better so I can pay much less in interest a year. I am just doing what I can to secure my financial future. I applied with Best Buy, which uses Household financial services and checked my Experian report. I order an Mp3 player and several other goodies totaling 1,370 dollars. My total credit line availabe was 2,500 dollars. I am pondering ordering a new top of the line laptop also. I am mailing a payment of 1,000 dollars on Friday. So Tom, I am not irresponsible with my credit. I have a lot of money available to pay off balances, I only have a few late payments here and there, which is why my credit is rated Fair. I am doing this to give me better opportunities to buy what I need on credit and boost my score in return. This way, I will be able to qualify for premium financing this summer for a house, I will have saved nearly 60,000 dollars if I can get my interest rate from 7% to 6%. You are entitled to your own opinion so that doesn't make you anything other than informed and free minded. I am expressing my opinion on why I'm doing this, and that makes me informed and free minded.



One more word of advice, this is a complex program which took me 3 hours to get the basics down. It took me over 2 hours to get access codes for all 3 bureaus. The problem is, the access codes must match the name of the business and type of account EG: Visa credit account must match a Visa access code, a Ford Motor Credit must match a Ford motor credit line of credit. I only do this at night, and you must use dialup from a location other than your house. A public building with a phone line (I did it at the local library with my laptop) where it isn't tracable, and a local dial-up ISP giving the provider FAKE information about you is definently very smart. Don't do it at your house or on an account where anyone might identify you. I doubt it's illegal to do this, since the credit bureaus steal our information to make a profit. But better to be safe than sorry.



Thank you and I will keep you informed of whether anything else gets on my credit.
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#87 Consumer Suggestion

Tom, you don't understand

AUTHOR: Ben - (U.S.A.)

You don't understand the point here. I make 32,000 dollars a year working as a LVN. I already have a vehicle and a few credit cards. The only problem is, I am paying 12% on my vehicle loan, and almost 15% on my credit cards. I am doing this because I can raise my scores dramatically and qualify for zero interest financing. The type of financing only people like you can qualify. I have a "fair" credit rating. Therefore, because I can only get fair financing options, the credit bureaus seem fit to profit off of us. We never asked them to sell "our" financial information to make profit. They benefit, while we don't benefit. Plus, I think it's absurd that a private company dictates the quality of financial lives we live. I think it's time we dictate what quality of financial lives we live. Since I am in the market to buy a house by summer, I will be able to qualify for much lower interest rates. I was able to pull 7.5 to 8.0 on a mortgage with 2 points. Now, if my score shoots up high enough, I can qualify for 6 to 6.5 with 1 point. It's called manipulating the credit system.



Now I understand that I misstated 50,000 in credit as a good thing. I don't intend to run up the entire balance. In fact, my current cards (wells fargo visa, and bank of america Visa {chase bank and JP and Morgan}) are around 14.9%. I am running 40 to 50% of the credit limit on them each month. Why pay that absurd interest rate when I can qualify for Discover Gold (only available to those with excellent credit), and transfer my 2 thousand dollar balances and pay zero interest. Thats what I intend to do. I am good about keeping the balances low, but paying nearly a hundred dollars in interest a month is not my idea of fun. So by manipulating the way credit bureaus profit off of me, I will manipulate the way they dictate my financial life. So yea, i'd rather be "dishonest" and save thousands a year in interest, than be honest and allow the credit bureaus to dictate MY financial life. By the way, a 10,000 line of credit I reported a few days ago has shown up on my Equifax credit report as of today. 4 years of solid on time payment history has been added to Equifax raising my score from 673 to 724! I am now in the "good credit category" and I can easily qualify for the "premium" credit offers with little or no proof needed! This is according to Equifax 'Score Power'. Experian has shown GMAC financing on a 5 year Suburban loan with a line of 32,481.00 paid as agreed added today. So you tell me, TOM, that being dishonest is better so I can pay much less in interest a year. I am just doing what I can to secure my financial future. I applied with Best Buy, which uses Household financial services and checked my Experian report. I order an Mp3 player and several other goodies totaling 1,370 dollars. My total credit line availabe was 2,500 dollars. I am pondering ordering a new top of the line laptop also. I am mailing a payment of 1,000 dollars on Friday. So Tom, I am not irresponsible with my credit. I have a lot of money available to pay off balances, I only have a few late payments here and there, which is why my credit is rated Fair. I am doing this to give me better opportunities to buy what I need on credit and boost my score in return. This way, I will be able to qualify for premium financing this summer for a house, I will have saved nearly 60,000 dollars if I can get my interest rate from 7% to 6%. You are entitled to your own opinion so that doesn't make you anything other than informed and free minded. I am expressing my opinion on why I'm doing this, and that makes me informed and free minded.



One more word of advice, this is a complex program which took me 3 hours to get the basics down. It took me over 2 hours to get access codes for all 3 bureaus. The problem is, the access codes must match the name of the business and type of account EG: Visa credit account must match a Visa access code, a Ford Motor Credit must match a Ford motor credit line of credit. I only do this at night, and you must use dialup from a location other than your house. A public building with a phone line (I did it at the local library with my laptop) where it isn't tracable, and a local dial-up ISP giving the provider FAKE information about you is definently very smart. Don't do it at your house or on an account where anyone might identify you. I doubt it's illegal to do this, since the credit bureaus steal our information to make a profit. But better to be safe than sorry.



Thank you and I will keep you informed of whether anything else gets on my credit.
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#88 Consumer Suggestion

Tom, you don't understand

AUTHOR: Ben - (U.S.A.)

You don't understand the point here. I make 32,000 dollars a year working as a LVN. I already have a vehicle and a few credit cards. The only problem is, I am paying 12% on my vehicle loan, and almost 15% on my credit cards. I am doing this because I can raise my scores dramatically and qualify for zero interest financing. The type of financing only people like you can qualify. I have a "fair" credit rating. Therefore, because I can only get fair financing options, the credit bureaus seem fit to profit off of us. We never asked them to sell "our" financial information to make profit. They benefit, while we don't benefit. Plus, I think it's absurd that a private company dictates the quality of financial lives we live. I think it's time we dictate what quality of financial lives we live. Since I am in the market to buy a house by summer, I will be able to qualify for much lower interest rates. I was able to pull 7.5 to 8.0 on a mortgage with 2 points. Now, if my score shoots up high enough, I can qualify for 6 to 6.5 with 1 point. It's called manipulating the credit system.



Now I understand that I misstated 50,000 in credit as a good thing. I don't intend to run up the entire balance. In fact, my current cards (wells fargo visa, and bank of america Visa {chase bank and JP and Morgan}) are around 14.9%. I am running 40 to 50% of the credit limit on them each month. Why pay that absurd interest rate when I can qualify for Discover Gold (only available to those with excellent credit), and transfer my 2 thousand dollar balances and pay zero interest. Thats what I intend to do. I am good about keeping the balances low, but paying nearly a hundred dollars in interest a month is not my idea of fun. So by manipulating the way credit bureaus profit off of me, I will manipulate the way they dictate my financial life. So yea, i'd rather be "dishonest" and save thousands a year in interest, than be honest and allow the credit bureaus to dictate MY financial life. By the way, a 10,000 line of credit I reported a few days ago has shown up on my Equifax credit report as of today. 4 years of solid on time payment history has been added to Equifax raising my score from 673 to 724! I am now in the "good credit category" and I can easily qualify for the "premium" credit offers with little or no proof needed! This is according to Equifax 'Score Power'. Experian has shown GMAC financing on a 5 year Suburban loan with a line of 32,481.00 paid as agreed added today. So you tell me, TOM, that being dishonest is better so I can pay much less in interest a year. I am just doing what I can to secure my financial future. I applied with Best Buy, which uses Household financial services and checked my Experian report. I order an Mp3 player and several other goodies totaling 1,370 dollars. My total credit line availabe was 2,500 dollars. I am pondering ordering a new top of the line laptop also. I am mailing a payment of 1,000 dollars on Friday. So Tom, I am not irresponsible with my credit. I have a lot of money available to pay off balances, I only have a few late payments here and there, which is why my credit is rated Fair. I am doing this to give me better opportunities to buy what I need on credit and boost my score in return. This way, I will be able to qualify for premium financing this summer for a house, I will have saved nearly 60,000 dollars if I can get my interest rate from 7% to 6%. You are entitled to your own opinion so that doesn't make you anything other than informed and free minded. I am expressing my opinion on why I'm doing this, and that makes me informed and free minded.



One more word of advice, this is a complex program which took me 3 hours to get the basics down. It took me over 2 hours to get access codes for all 3 bureaus. The problem is, the access codes must match the name of the business and type of account EG: Visa credit account must match a Visa access code, a Ford Motor Credit must match a Ford motor credit line of credit. I only do this at night, and you must use dialup from a location other than your house. A public building with a phone line (I did it at the local library with my laptop) where it isn't tracable, and a local dial-up ISP giving the provider FAKE information about you is definently very smart. Don't do it at your house or on an account where anyone might identify you. I doubt it's illegal to do this, since the credit bureaus steal our information to make a profit. But better to be safe than sorry.



Thank you and I will keep you informed of whether anything else gets on my credit.
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#89 Consumer Comment

Tom must be sheltered. He must have grown up with a silver spoon in his mouth, unlike EVERY OTHER PERSON IN THE STATES.

AUTHOR: Eric - (U.S.A.)

Try being a Marine for 6 years and being married with 3 kids, making oh I would say about $13,000 a year. Tell me you wouldn't ever have credit problems!!! So if there is away around to make my credit score better HELL YEAH I will try it. Uncle Sam screwed me time for me to get some screwing in also! So you go ahead Mr. Honesty and enjoy the lifey ou were probably born into while the people who keep this country safe at night worry where the next meal is coming from! Also Angela if you could pleae hook me up and contact me and show me how to set this up. I'm very interstead.



CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.



Thanks again
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#90 Consumer Comment

Boy, do I feel like an ass for being honest.

AUTHOR: Tom - (U.S.A.)

"For anyone who says that is cheating and illegal, you would do the same thing if you were in my place".



Yep, I feel like an ass for being honest. I have top rating by being honest - paying my bills on time, not getting in debt over my head, not buying vehicles I cannot manage financially (buy used for a few thousand $ and keep them running instead of buying a BIG pickup or SUV to pump up my ego and deplete by bank account). If I were a deadbeat like Ben and Angela, maybe I would try to short-circuit the credit process, but I really try to be honest in my financial dealings.



Why would I need a $50,000 credit limit? I would still have to pay it back. It seems Ben doesn't understand that. $50,000 at 12% is $500 per month in just interest. How long before he goes bankrupt? Just idle questions. Then that is on his credit reports and mine are still pristine. I feel like such an ass being honest.
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#91 Consumer Suggestion

thats cool, it does work, manipulating the credit reporting system is really easy

AUTHOR: Ben - (U.S.A.)

I tried the metro 2 software. Only problem was finding an access code for transunion. I did find one however.



I have added a 7 year car loan to all three bureaus. I added a 7 year credit card account from Visa. I will wait for it to show up on my credit reports.



I will then apply for a car loan and actually be able to qualify for the zero down, zero interest financing. I can also get a gold card with hopefully a 50,000 limit.



For anyone who says that is cheating and illegal, you would do the same thing if you were in my place.



About time people figure out how to manipulate the credit system instead of the other way around. Those bureaus dont control our financial lives, WE DO.



Thank you so much angela.
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