Frequently Asked Questions
SCN | SECONDARY CREDIT NUMBERS:
Q: What is a Secondary Credit Number (SCN)?
A: It is a nine digit number separate from your social security number used to track your credit activities and history, as well as protect your Social Security Number from identity theft.
Q: Where does the number come from?
A: An independent third party.
Q: How long does it take to receive the number?
A: Typically it takes 24hrs, but no longer than 48hrs.
Q: Can I use this number instead of my social security number?
A: No. The Secondary Credit Number (SCN) does not replace your Social Security Number, this number can only be used for credit reporting purposes. It cannot and should not be used for any government purposes including and not limited to: military, child support, DSS income, SSI, taxes, FHA, VA, or any government backed funding.
Q: What can I use my new Secondary Credit Number (SCN) for?
A: You can use your new Secondary Credit Number (SCN) for anything that would normally require you to use your Social Security Number for credit reporting purposes. Use it to receive credit cards, car loans, a mortgage, personal loans etc.
Q: What will my new FICO be?
A: Your credit profile will be blank. You will need to reestablish your credit, by applying for credit cards and other lines.
Q: What’s the cost for a SCN?
A: Please see our Payment Plan Options link!
Q: Is this legal? (all over the internet you can find sites that say Yes).
A: 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, YES if used properly. Thousands of people have done it over the past 30yrs and continue to do so.
Q: Am I responsible for the debts on my old report?
A: 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 Credit Profile Number. You must remember that while you are rebuilding your credit, you must use your new SCN wisely. If you have had troubled credit in the past, don’t repeat your mistakes.
Q: Does SCN come from people that are deceased or incarcerated?
A: No…definitely not! Our SCN are clean numbers that aren’t attached to anybody including the deceased, the incarcerated, and S.S.N.
Q: Is this file segregation?
A: 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.
Q: Can you purchase more than one SCN?
Q: When filling out an application for example ( a department store ), would I put the SCN in place of the S.S.N.?
A: Yes. Also, be sure to use the information you provided us with.
Q: Can you use the SCN Number to refinance on a mortgage?
A: No. Due to the loan being in your Social Security Number or EIN, it would have to be refinanced the same way.
Q: Can I use the SCN to rent an apartment?
A: 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.
Q: What will my new FICO Score be?
A: Your credit profile will be blank. You will need to reestablish your credit by applying for credit cards and other lines of credit. Please see our Establishing Credit link for further information.
Q: What can I use my new SCN Number for?
A: As mentioned earlier, you can use your new SCN Number for anything that would normally require credit reporting purposes. Use to get Bank Accounts,credit cards, personal loans, Auto loans, apartments, utillities, cable, cell phones, etc.
Q: What are some of places you suggest we apply for credit using our SCN?
A: 1. Orchard Bank www.orchardbank.com
2. LPC www.lowpaycard.com
3. First Premier www.firstpremier.com
4. Capital One www.capitalone.com
5. Apex www.apexcreditservices.com
*You can also do a www.google.com search for unsecured/secured credit cards.*
Q: Can I use the SCN Number to open a bank account?
A: Yes, so as long as you never bounce a check or misuse the account in any way.
Q: How soon can I run my new credit?
A: As soon as the SCN is received (24-48 hours).
Q: How soon can I apply for Credit?
A: As soon as the SCN is received (24-48 hours).
Q: How can I be guaranteed this will work?
A: We’ve been in business for 6 years now and helped numerous people reach their goal of starting all over with their credit.