Bankrate is a trusted source for financial advice, offering readers accurate, unbiased information with a strict editorial policy that ensures content is not influenced by advertisers. A recent article warns against the use of Credit Privacy Numbers (CPNs), which are often marketed as a quick fix for credit issues but are illegal and tied to fraud and identity theft. The article explains that CPNs have no legal standing and using them can result in serious legal consequences. Instead of falling for CPN scams, Bankrate recommends legitimate methods to rebuild credit, such as making on-time payments, keeping credit utilization low, and avoiding excessive credit inquiries. The article highlights the importance of checking credit reports for errors and waiting patiently for negative marks to naturally fall off over time.
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