Frequently Asked Questions
1. What is a Secondary Credit Number (SCN)?
Secondary credit number is seperate from your social security number used to protect your Social Security number from identity theft.
2. Where does the number come from?
An independent third party.
3. How long does it take to receive the number?
Typically it takes 24hrs, but no longer than 48 hrs.
4. What's the cost for a SCN?
Please see our Payment Plan on the "Application Page".
5. Is this legal? (all over the internet you can find sites say Yes).
You can use the existing laws to your advantage for a change. Due to certain rights guaranteed by The 1974 US Privacy Act Title V (View the 1974 Privacy Act), you have the right to keep your Social Security Number private and not be denied service due to your refusal. The credit bureaus are not government agencies, so you do not have to give them your Social Security Number. To answer the question. YESif used properly. Thousands of people have done it over the past 30 years and continue to do so.
6. Am I responsible for the debts on my old report?
YES! We suggest not to use the SCN as a way to avoid any debt (defraud creditors) under your Social Security Number or E.I.N. You are responsible for all debts on your old report and debts incurred with your new Credit Profile Number. You must remember that while you are rebuilding your credit, you must use your SCN wisely if you had troubled credit in the past, don't repeat your mistakes.
7. Does SCN come from people that are deceased or incarcerated?
NO... definitely not!! Our SCN are clean numbers that aren't attached to anybody including the deceased, the incarcerated, and S.S.N. attached to anybody including the deceased, the incarcerated, and S.S.N.
8. Is this file segregations?
No, definitely not! FILE SEGREGATION IS ILLEGAL!!! This isn't a program where we tell people to defraud their creditors or use E.I.N./T/I/N. to possibly gain new credit after filing bankruptcy. We encourage people to pay off their old debt. We educate our customers how to use their SCN wisely so that they don't make the same mistakes over again.
9. Can you purchase more than one SCN?
NO
10. When filling out an application for example (a department store) would I put the SCN in place of the S.S.N?
YES, Also, be sure to use the information you provided us with.
11. Can you use the SCN number to refinance on a mortgage?
No. Due to the loan being in your Social Security Number or EIN, it would have to be refinanced the same way.
12. Can I use the SCN to rent an apartment?
Yes, We suggest establishing some credit before doing so. Reason being, most landlords want to see some kind of credit history to determine if you are a high risk or not.
13. What will my new FICO Score be?
Your credit profile will be blank. You will need to reestablish your credit by applying for credit card and other line of credit. Please see our Establishing Credit link for further information.
14. What can I use to my new SCN Number for?
As mentioned earlier, you can use your new SCN Number for anything that would normally required credit reporting purposes. Use it to receive credit cards, car loans, a mortgage, personal loans, etc.
15. What are some of places you suggesst we apply credit using our CPN?
*You can also do a
www.google.com search for unsecured/secured credit cards.*
16. Can I use the SCN number to open a bank account
YES, so as long as you nevetr bounce a check or misuse the account in any way.
17. How soon can I run my new credit?
As soon as the SCN is received (24-48 hrs)
18. How soon can I apply for Credit?
As soon as the SCN is received (24-48 hrs).
19. How can I be guaranteed this will work?
We've been in business for years now and help numerous people reach their goal of starting all over with their credit.
20. Can you give me more details about the Secondary Credit Number (SCN)?
A Secondary Credit Number is a new 9 digit number established at the credit bureau level for final reporting purposes. This number is NOT a new Security Number and NOT a tax ID or EIN. It is simple available file number at the credit bureaus that can have financial information reported.
You have the right to establish this number only once! so do not abuse it. The bureaus take part in this process to establish your SCN. YOU ARE LIABLE FOR PAYING BACK ANYTHING THAT IS BORROWED.
It is used by celebrities, congress members/government workers, and for witness protection reasons. For example, celebrities because the media can use their SS# to track what they are buying and where they are simply by tracking credit cards. Further, in example, congress holds special privileges to the law, therefore, their privacy needs to be protected. In another example, witnesses under protection can be located if they use their true social security number for transaction. This is the reason why there is an existence of this type of program.
Reasons are not limited to the previous, so why shouldn't you have a SCN?
members of Congress plan to reintroduce a bill to restrict the availability and use of Social Security Numbers. hoping the effort will reduce identity theft, a social security Subcommittee Chairman by the name of E. Clay Shaw announced at a July 11 hearing that he and subcommittee ranking member Robert Matsui, plan to unveil legislation to restrict the sale and public display of Social Security Numbers, establish penalties for violations, limit dissemination of numbers by credit reporting agency make it more difficult for businesses to deny service if a customer refuses to provide their Social Security Number. The goal is to improve the integrity of the Social Security Number assignment process. "Congress must act this session to protect the very number it requires each of us to obtain and use throughout our lifetime." said Shaw.
