We have been so busy lately with all of our clients, and have not had time to post.
Here are some useful tips for CPNs:
When purchasing a vehicle:
Get your approval online with either Road Loans or CarMax first. After that, go into the dealership with your approval package and do NOT let them pull your credit; that was already done. What you do not want to do is go to the dealership where they will pull your credit on your CPN using your DL and merge your two files. There are more tips, tricks and do-nots on this. If you would like to know, ask me!
When applying for a loan at a financial institution:
Do NOT go to a credit union. They use LexisNexis and will pull everything on the number and find out it is a CPN and not an SSN. Do not go to your own bank/branch. They already know you there. If you can, apply online using your CPN as your DL. This is a general rule that you always want to follow, as to not merge your two files.
When applying for Cap One:
There are many on this one, but here are a few-
Do not apply on a computer that has been used before for cap one on another CPN.
Do not apply on a phone that has been used before for cap one on another CPN.
Do not activate using the sticker on the front of the card.
Do not activate using the computer; you will need to call.
You can have up to 5 cards with them. After you get the first one, use it for 3 months and then get either the platinum, journey or quicksilver one for average credit.
Make ALL payments on time and after 5 months receive a limit increase.
When applying for an apartment:
Apply online if possible. If that is not at all possible, BRING your credit report with you so that they do not pull your credit.
When applying for in-store credit:
Ask how they are using your DL #. Do not let them use your CPN and DL on the application.
When applying for utilities:
Do as if it were an over-the-phone application and you should get approved.
When applying for cell phones:
Do so online.
