Credit Privacy Numbers (CPN): What's in It & How It's Used
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Transcript of Credit Privacy Numbers (CPN): What's in It & How It's Used
Credit Privacy Numbers (CPN)
CAN NOT Erase Bad Credit!
www.badcreditresources.com | Follow us: @BadcreditExpert
CPN is a 9-digit number meant to be used in place of your Social Security number when you apply for credit.
You can use your CPN instead of using your social security number.
CPN CAN NOT use for filing taxes, regis-tering your car, or for any kind of gov-ernment programs.
What is a Credit Privacy Number (CPN)?
Who Uses A CPN?CPNs are used a lot, legitimately, by
celebrities and wealthy people in place of their social security number.
It also been used by people who are in the witness protection program and need to keep their real so-cial security number from showing up anywhere and tipping the wrong people off to their location.
Spotting A Shady
CPN Scam
Most people are introduced to CPNs by certain shady organizations that promise to help get their credit file started over.
Not only do these organizations charge a hefty fee for their services, they leave those who hire them in a unique situation of being both the victims and perpetrators of a serious fraud.
The Problem with Improperly
Obtained CPNsMost of these shady companies obtain CPNs illegally such as taking the social security number from someone who is deceased, or a child’s or elderly.
If your credit privacy number ends up be-ing assigned by the Social Security Administration to some-one else, then you will be seen as com-mitting a fraud and in all likelihood be subjected to serious criminal charges
How Can You Get A Le-gitimate
Credit Privacy Number?Some people just want a CPN for pri-
vacy reasons, but you need to make sure you get a le-gitimate CPN and consult to an attorney.
You will need to provide the attorney with the reason why you want a credit privacy num-ber, all your personal information, and sign a form stating you will take full responsibility for any purpose the CPN is used.
CPNs and Bad Credit
There are no shortcuts to repair-ing bad credit.
You must go through the process of pulling your
credit report, eliminate all the false information,
pay your old debts and system-atically set
yourself up to the task of repairing bad credit.
For more in-formation:
Credit Privacy Numbers (CPN) CAN NOT Erase Bad Credit!http://www.badcreditresources.com/credit-privacy-numbers