Whoever- (8) discloses, uses, or compels the disclosure of the social security number of any person is in violation of the laws of the United States; shall be guilty of a felony and upon conviction thereof
Credit Bureaus are private companies and are not affiliated with the government in any way whatsoever. Although, the credit bureaus would like you to think otherwise.
A. Due to certain rights guaranteed by the 1974 US Privacy Act Title V (), federal law allows the ability for someone to legally use a private ID # for financial reporting purposes instead of a Social Security Number. Title 5, Section 7 of Publication Law 93-579 of Government Organization and Employees Act:
The law states that No federal, state, or local government agency may deny you any right, privilege or benefit due to your refusal to provide your SS # for any other reason than producing money for retirement account with the Social Security Administration, the IRS and your employer today.Credit Bureaus are not legally allowed to “require” your Social Security Number. In our country’s present credit reporting system a person may be assumed guilty and then must expend a great deal of time and resources to prove his or her innocence. Additionally, once a negative item is in a credit file it may remain long past the 7 year time period most people believe is used. Additionally, a misreported item can show up in a credit report multiple times.
Credit bureaus are private companies and are not affiliated with the government in any way, whatsoever. Although, the credit bureaus would like you to think otherwise.
Credit card applications are not supposed to ask for your “private” social security number for any of their products. Social Security Numbers issued by the Social Security Administration are only supposed to be used for benefits related to the Social Security Administration, period. The banks have swayed people to use their SS# to establish credit accounts. CPN numbers are legitimate. As stated below
Title 5, Section 7 of Publication Law 93–579 of Government Organization and Employee Act:
(a)(1) It shall be unlawful for any Federal, State or Local Government Agency to deny any individual any right, benefit, or privilege provided by law because of such individual’s refusal to disclose his or her Social Security Account Number.
Credit cards issued by banks deal with “real money” issued by the Treasury Department, thus the unsecured “loans” Americans inherit when using credit cards are essentially federally insured funds being borrowed. Credit cards are not issued by tax payers or insured by angel investors. They are a products issued by FDIC protected banks. To require that a citizen provide his Social Security Administration to gain access to Federal dollars referred to as credit cards is a violation of Title 5, Section 7 of Publication Law 93–579 of Government Organization and Employees Act.
Why do I need a new Credit Profile Number (CPN)?
Have you been turned down by the banks because of your past credit history ?
Did you lose your job and got behind on payments ?
We have all had situations out of our control that ended up ruining our credit. Are you today ready to make that first step, to a fresh . This file will show no past credit history !! It will be a clean slate for you to work with.
A CPN or Credit Profile Number is a nine digit number that has a design make up of a Social Security Number (they look exactly the same). The CPN number is an available file number that the Credit bureaus have on file. Credit bureaus are private companies that take reports about financial information from creditors, banks and other financial businesses. This description is not here to advise anyone or to misrepresent your Social Security Number. You are completely responsible for any debt that you incur while using your new CPN.
What most people don’t know is that a lot of people use alternate CPN´s and have been for many years. People like celebrities; people that want witness protection right down to government workers. For example many celebrities want to keep information from the media that the Media would track down and use for purchases, tabloid news, news, etc. Witness protection people can be tracked down by using their true social security number for items they purchase. This here is the reason why Credit Profile Numbers are in existence, the actual number is a credit profile number, if you don’t set another number up and furnish your social security number to the banks, they will use your social security number as the CPN (this is most commonly what happens in the U.S. today)
Did you know that you are required only by law to release your social security number to your employer and the Internal Revenue Services, registering a vehicle, buying a firearm, or applying and obtaining a federal-insured loan. Each credit bureau works a different schedule.
Right now the federal law allows you legally to use a private ID# for your financial reporting purposes instead of your Social Security number. Read Title 5, Section 7 of Publication Law 93-579 of Government Organization and Employees Act :
(a) (1) It shall be unlawful for any Federal, State or local Government Agency to deny any individual any right, benefit. Or privilege provided by law because of such individual’s refusal to disclose his or hers Social security number.
The law states that no federal, state or local government agency may deny you any right, privilege or benefit due to your refusal to provide your Social Security number for any reason than producing money for retirement account with the Social security Administration, the IRS and your employer today.
Were you aware that credit Bureaus are not legally allowed to require your Social Security Number !
When it comes to credit, banks and loans, there are two things you should know. The first relates to the law pertaining to the usage of your social security number as a identification tool. The second, thing you should know CREDIT BUREAUS are private companies and are not affiliated with the government in any way !
What this all means is Federal Law protects those who do not wish to disclose their personal information ( Social Security number) except when required to do so.