Is It True That some ppl hack credit reports and bring them down to zero???

Question

I over heard a conversation yesterday about someone hacking into pplz credit to free them up with debt is it possible?

Answer 1

I don't think it is a case of "hacking".   It's probably more a case of creating adversely-affecting information that gets sent to a credit reporting company.

If I were to attempt to open numerous lines of credit in your name, that could potentially harm you.

Mind you, I don't think your score could ever hit zero.

Answer 2

Def. not! there are three reporting agencies and it will be impossible to influence all three, simultaneously! plus, they check with creditors and creditors continually report activity.

Answer 3

No thats BS!!! What good would that due? You still would owe the lenders and the credit card compaines.