Industry News

Industry watchdogs warn of credit-booster sites

False credit boost could enable real estate loan fraud
Published on Mar 10, 2006

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Web sites offering ways for consumers to artificially boost their credit scores should be approached with caution by lenders and consumers, industry watchdogs say.

Seasoned Trade Lines of Largo, Fla., charges consumers $1,000 to $3,000 to artificially boost their credit ratings by adding them to established credit cardholders' accounts ...

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