Episode Details

During this show, you'll discover …

✅  How hacks are fine – but business credit building cheats will never be worth it

✅  Why dishonest business credit building methods will set you back every time

✅  How cheating the system can be a disaster when trying to get funding during a recession

✅  The three main ways people try to illegitimately speed up business credit building

✅  Why buying business trade lines is expensive and unnecessary…

✅  … and how it can sometimes be connected to identity theft…

✅  … but where personal credit differs

✅  What the FBI, FICO, Equifax, and Nav all say about buying trade lines

✅  How Dun and Bradstreet will flag your credit profile for decades

✅  What a Credit Privacy Number (CPN) is, and how they are legitimate for some people…

✅  … but how they are also unethically used

✅  Why using a CPN for your Social Security number is a Federal crime…

✅  … where you can be fined or put in prison…

✅  … and how paying for a CPN is unnecessary, and can be connected to identity theft

✅  What the FTC, Social Security Administration, Department of Justice, and Better Business Bureau all say about buying CPNs

✅  What a shelf corporation is, and how it differs from a shell corporation

✅  How they used to be legit, what they do, and how much they can cost

✅  What the FDIC, Financial Crimes Enforcement Network, and Experian all say about buying shelf corporations

✅  What CRAs and lenders will do if they find out you bought a shelf corporation…

✅  … and how else they can be more trouble than they are worth

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