Do CPNs actually help with bad credit?

CPNs, or Credit Profile Numbers, are being touted as an easy way to fix your bad credit, but are they any good? Several reports of CPNs being very helpful with credit scores, but many others suggest that they’re just another way to take your money and do nothing in return. So how can you tell if they’re worth your while? Read on to learn more about CPNs and whether they may be right for you. Why do people get them? You might want to consider a credit profile number if you’re starting a new business. Many financial institutions won’t lend money without one, and some small businesses even use it in place of an address when they need to hire contractors or purchase new equipment. Having a credit profile number can also be very helpful if you’re trying to establish your credit. What are CPNs, and how do they work? Authorized user tradelines, also known as Credit Card Payment Agreements, are a way for people with a healthy credit score to benefit from your thin (or nonexistent) credi...