Complaint Review: Experian Equifax TransUnion

There is nothing illegal about this. Some people acknowledge that this is considered cheating. Cheating the system can get you ahead in life. By all means, saving money is more important than doing everything by the book. These companies make billions of dollars a year. How is an inflated credit score reducing finance charges in half going to harm these companies? That's like someone with hundreds of dollars in cash in their pocket loosing 1 penny. I mean, really, where is the harm?

As I said, our government has plenty more to worry about. Simple credit score inflation pales in importance to todays events. Terrorism, murder, child porn, mall and university shooters, corruption, mismanagement of FEMA funds, global warming, you name it.

Then again, I guess hacking my credit reports with false positive accounts is of a milestone importance! I guess they will cease all activities until were caught.

How could being added as a authorized user on someones credit account if they the owner of the account is validating and giving permission illegal. For those saying it is illegal please furnish the users of this forum with a copy of the actual law or case study that confirms this practice as illegal. I myself have been added to countless family members and friends credit as authorized user and I dont think that the credit card companies would have a authorized user section in there system if this were illegal practice.

I worked for household bank/hsbc and we had a specific section when we pulled up a account holders account to add a authorized user , so if the banks and credit card issuers allow it , if i want to charge somebody to be added to my personal credit as long as it is my credit and not anyone elses I have the right to do so , dont I? If this is illegal someone tell Capitol One , Bank One , Washington Mutual , Hsbc and countless other banks that they are breaking the law. Unless I missunderstood someone please tell me where the illegal act comes in at?

There is nothing illegal about this. Your not simply buying someone else's tradelines. You are simply going into a PRIVATE agreement that they add you to their card or loan accounts. Or if you choose, you can pay the company some money, and they will report a loan. You make a few monthly payments, and the loan is reported until paid in full. They simply inflate the amount to help you out.

If I chose to allow someone to be an authorized user on my card account with the knowledge that they will inherit 10 or 20 years of my perfect payment history, then I'm taking that risk. These people are taking that risk. The people who pay to be added to others accounts also take the risk. The risk is there for both people. What if the account holder defaults? Then the authorized user is responsible for the debt.

So you see? It's a real credit process that is legitimate and helpful for people who want good credit but don't want to wait 5 years to get decent rates. Why should newbies pay the same rates as junkies and deadbeats who never pay or pay late? Newbies who pay utilities on time shouldn't get the shaft just because they have no credit history.

Plus, the FEDS shouldn't be worrying about some small time credit score inflater who's only intentions are to save money on future loans and solidify their credit history so they can make large purchases (auto/mortgage) much easier. The FEDS should be worrying about international terrorism against US interests, Domestic terrorism, murder, crazed gun men shooting inside malls, child offenders, dealing with the corruption in the government, making sure we're able to access social security benefits 50 years from now, and working on fixing the major budget deficit the current government has seemed to dig us into.

Then again, the government is notorious for overlooking the big and jamming us into an even bigger mess. The mismanagement of FEMA funds to non Katrina victims, the delays after the 9/11 attacks, the botched invasion of 2 countries...need I go on?

This merits no concern considering we have to worry about terrorists attacking our country from inside.

buying someone elses "good report" is illegal and the "fed" loves to wait until enough unsuspecting customers are caught in an illegal company's web...then bust them, go through all the past customers files and bust them too-DON'T DO IT! IT'S ONLY A MATTER OF TIME BEFORE THEY CATCH YOU.You don't think the FED watches these companies? Come on, people, they have the internet,too. Fix your report legally. Do a search for "free credit repair". I found hundreds on free sites. Just keep it legal. Looking over your shoulder isn't a good way to live.

That he found an alternative way to 'hack' his own credit report to raise his credit score in the interest of getting a better rate for a loan of some type.

Although I agree that the credit bureaus don't seem to be able to accurately report, and they are NOT consumer friendly by any means, 'hacking' your account is still against the law.

I'm trying to get things removed from my own account that aren't accurate, and have found that it's a fight all the way. However, I just can't see where stooping to this level would benefit me in the long run.

Good Luck Jason (until you get caught!). If I'm off line here, please update and tell us what really occured, as we can only speculate at this juncture.......

If you go to a certain website, it allows you to purchase tradelines that other people have.

The tradelines aren't fake, they are actual tradelines. Your only being added as authorized users to other people's credit cards or loans.

You pay a modest fee to achieve 5 to 20 years of credit history.

Plese Explain you reprt is vague