How to Fix Your Credit the Easy Way In our society there exists an Absolute Moralistic Machine called the Credit Bureau. They decide who gets credit and who doesn't, if by chance you made some mistakes in the past or were perhaps fucked over by, or married a cunt who fucked up your credit then too bad for you. Wrong, they have little or no power; they just have people believing they have power. They are stand alone agencies and cannot cross reference information with any Government agency; it's illegal and can't be done. Oh I know they talk and threaten and try to intimidate and do intimidate people. In the U.S.A. Credit agencies do have the power to hunt a person's ass down and garnishee their wages, not in Canada though, in Canada the only Agency that has any real resources to hunt you down and garnishee your wages or go into your bank account is the Federal Government, not even the Provincial Government can do it. Equifax and Transcanada Credit are fuckall, they can't do shit except harass you by calling and threatening, same as collection Agencies. I've told a number of them to go fuck themselves and they never bothered me again. People in Canada for some reason are under the spell of the U.S.A.. They think our country operates like the U.S., it doesn't. We are a whole different Country and have different laws altogether, in many different areas that I could go on about but won't be covering here. What I am going to outline here is a legal loophole through which a person can start a whole new credit file, this is a legal form of what is called "Credit File Segregation". Credit file segregation is highly illegal unless you do it the way I explain it, through one tiny flaw in the system it becomes legal, and the government basically gives you a license to do it. 1. Go to your local police station and report your social insurance card as lost or stolen, tell them someone stole it at the bar or some stupid shit, use your imagination. 2. They will make a report; get a copy of the report. 3. Take the report to the nearest HRDC and tell them you lost your SIN card and are afraid someone will use it to obtain credit by false means. They will ask you for the police report and then get you to fill out some forms for a new SIN number. That's right boys and girls; you get a whole new SIN number generated for you by the Government. In a few weeks your new card with a new number will come in the mail and it doesn't cost you anything because they only charge for a replacement card, not new ones. In the letter you receive with your new card they will tell you it is your responsibility to report your new number to the Credit Agencies, chuck it, maybe you don't see too well or weren't wearing your glasses that day and didn't read that part. Now you can build a new credit file because you are basically a new person as far as the Credit Agencies are concerned, but there are a few more details that you have to pay attention to when you apply for credit. When you are applying for credit make sure to change a few details, such as dropping your middle name or changing your address, if all your personal information is exactly the same on the application as it has been in past applications there is a chance they will figure out you're the same person. I'll give you an example. Let's say that John William Mclean has a fucked up credit rating and changes his SIN number the legal way and then applies for a credit card online. He should apply as just John Mclean; it isn't illegal to drop your middle name. If you have moved since your last credit file that's even better, they can't link you. Credit Agencies primarily use the SIN number to identify people. If someone is reviewing an application for credit they type all the information into the computer and it pretty much has to be an exact match for your past file to come up, if you have a new SIN you won't come up at all. If you are 20 years old they won't really think anything of it, if you are 40 years old they will be suspicious and do some digging wondering why you don't have a credit file. If all your information is the same like, where you work, address, etc. but your SIN number is different they will link the two files and you won't get any credit. My suggestion is to change a few of the details like I said earlier, that way if they do dig they still won't be able to link you to your past credit file, that guy is gone now in a manner of speaking. Remember though, you are now a new person to the Credit Agencies but you do not have any credit rating now, good or bad. It will still be easier to get credit with no credit rating than with a bad one. To start with only apply for two credit cards a month, the reason I say this is because every time you apply for one it puts a hit on your credit file and you don't want too many, that looks suspicious. What I have learned to do is to see what bank is handing them out. For instance, I look in the newspaper in the business section and see what banks profits were down that quarter, they are usually the ones that have special promotions to boost profits for the next year and one of the things they do is hand out credit cards to people who have little or no credit rating, they are still a lower risk than people who have had bad credit by their calculations... or the criteria by which they approve people for credit. It will take some time but don't be discouraged if you get rejected a few times, you are starting all over again and have to work your way up. It won't take long after you get your first card until you start qualifying for more and more credit. gHoSt 2005-10-19 ============================================================================== UPDATEUPDATEUPDATEUPDATEUPDATEUPDATEUPDATEUPDATEUPDATEUPDATEUPDATEUPDATEUPDATE ============================================================================== March 15, 2006. Reader Daniel W. writes... While your credit fix description is accurate, this is not a loophole - it is a hit or miss attempt. You see, when a new SIN card is issued as a replacement, Canada Customs and Revenue agency sends a reference update to all three credit reporting agencies in Canada. This simple reference update contains the old SIN number and the newly issued SIN number, so no personal information is released and therefore both the government and the credit reporting agencies are shielded from PIPEDA (Personal Information Protection and Electronic Documents Act). This loophole has worked, but only because the government has failed to issue a reference update, or because the information was not entered correctly by one or more reporting agency. Also, please remember that a birthdate and name combination check is also done in a credit check, the SIN number is only used to increase the efficiency of the search. There is however another interesting loophole that you can pick up on. Under PIPEDA, you have the right to request the removal of personal information from any organization (Read: ANY) by providing them with a written request to do so. If an organization fails to remove personal information, they can get some pretty hefty fines, and you have the right to sue them for damages. So if you were to present all three credit bureaus with a written request, referencing your right as outlined in PIPEDA, they would be legally obligated to erase your personal information, which includes your name(s), address(s), birthdate. Your SIN number is still considered non-personal information when it is not combined with anything previously mentioned. The record would still be listed, but without personal information, it could be (a) disputed with the credit agency as to its accuracy, (b) be hard to find when you don't supply the SIN number (which is legally NOT required for credit checks). ============================================================================== - an original distro via - _0_1_0_1_0_1_0_1_0_1_ WWW.HACKCANADA.COM _ _ _ _ _ _ _ _ _ _ _ l 0 l 0 l 0 l 0 l 0