People have lately been trying to rid themselves of bad credit history to start anew. One of the methods that has grabbed attention is using a CPN with 700 credit score free. A CPN or Credit Privacy Number is generally marketed as a way to protect someone’s identity and open new lines of credit with a “clean slate.” But is such a method legal? Is it safe? How does it work with a credit score of 700 or 800? Let us give it to you straight.
Credit Privacy Number: Meaning & Why Is It Used?
CPN is a 9-digit number that some try to use to apply for credit instead of an SSN. Those people and companies maintain that a CPN is useful for people with poor credit who want to start over with a new credit profile.
It sounds good in theory: Starting completely fresh. Truth be told, CPNs are neither issued by the U.S. government nor recognized by credit bureaus. Worse yet, many misuse CPNs and get themselves into legal trouble unwittingly.
Some scammers might even sell stolen SSNs — often those of children or deceased individuals — and label them as CPNs. This makes the whole process not only unethical but also potentially criminal.
How to Check CPN Credit Score?
If you’ve been given a CPN with credit score claims, you may wonder whether it’s possible to check that score. Here’s how it generally works — or doesn’t:
Legally speaking, one cannot check a CPN credit score through official agencies such as Experian, Equifax, and TransUnion. These agencies keep credit profiles only on an SSN basis.
A “credit score” given to you based on a CPN is most probably a bespoke number they cooked up, or one that was pulled from improper avenues.
CPNs are not linked to a legal credit file whatsoever, so to say that one can check on a CPN for a 700 credit score would be technically misleading.
The only real way you can have your genuine credit score checked is through your SSN by legal means or legit services such as Credit Karma, your credit card issuer, or the official credit bureaus.
Why You Should Avoid Using a CPN with 700 Credit Score Free
Many websites and social media pages claim they can give you a CPN with a 700 or 800 credit score for free offers, which speaks as a red flag. Here’s why you should stay away:
1. It’s Not Legal
A CPN used in place of an SSN on a credit application is considered fraud by the Federal Trade Commission (FTC). Even if one really doesn’t intend to commit fraud, any attempt to apply for a loan, credit card, or other credit with false information can lead to serious trouble in the courts.
2. Identity Theft Risk
Many companies will ask for your name, address, and Social Security number for you to be “registered.” This alone puts one in an enormous risk zone of getting defrauded.
3. False Credit Promises
An 800 credit score is indeed music to one’s ears with any promise of a CPN, but unfortunately, it’s too good to be true. You do not establish any credit; the score you supposedly see is not associated with any valid credit report.
4. It Doesn’t Solve Your Problem
At best, you could access some temporary credit, but then lenders would spot the discrepancy almost immediately, and you’ll soon be faced either with outright denial or worse.
What Should You Do Instead of Using a CPN?
If your credit score is low, there are legal and safe methods to improve it over time. Don’t fall for the CPN trap; instead, consider some of these options:
1. Dispute Errors on Your Credit Report
First, request your free credit report from AnnualCreditReport.com and scrutinize the report for any inaccuracies. Disputing errors can certainly lift your score substantially.
2. Use Secured Credit Cards
Secured credit cards require you to put down a deposit and are built for establishing or rebuilding credit. Make limited purchases and pay them off promptly.
3. Get Added as an Authorized User
Have a trustworthy family member add you as an authorized user to their card. You ride on their credit history without acquiring debt.
4. Try Credit Builder Loans
The borrowed amount is held in a bank account while you are making the payments. When the payments are complete, you get the money, while your payment history is recorded to increase your credit score.
Conclusion
Having a CPN with 700 credit score for free sounds good, right? The risks outweigh the benefits by far. CPNs are not legitimate credit-building tools and can land one in trouble long-term with credit damages and legal problems of financial fraud. So, go with real tools to improve your credit profile and build a secure financial future.
Frequently Asked Questions (FAQ’s)
1. Is using a CPN with a 700 credit score free and legal?
No. Using a CPN instead of your SSN on a credit application is not only illegal but is also considered fraud by the FTC.
2. Can you get a real CPN with a credit score?
No legitimate credit bureau or government agency has ever issued a CPN with a credit score. Any such offer is nothing less than a scam.
3. How do I check my actual credit score?
You can check your credit score either by using your SSN and trusted agencies like Credit Karma or by directly calling one of the credit bureaus (Equifax, Experian, TransUnion).
4. What can I expect when I use a CPN for a credit card application?
This might create dire consequences for you, where your application could be denied, your account closed, or worse, you could even be charged at the federal level for forgery.
5. Are there other legitimate ways to build my credit if I have a bad credit history?
Yes, indeed. Some of the things that may encourage an increase in your credit score: timely bill payments, lowering your credit card balances, getting a secured credit card, and taking credit-building loans.
Want to Protect or Improve Your Credit Profile? Learn how a CPN with a 700 credit score works, the risks involved, and smarter alternatives to safeguard your financial future. For any query, reach out to NewsMagToday.
