Imagine going into 2015 with a New credit file ? ARE YOU TIRED OF THE BANKS SAYING NO ? TIRED OF COLLECTIONS ? DO YOU HAVE A BANKRUPTCY ?? FRESH START FOR 2015 NEW CLEAN CREDIT FILE WITH NO PAST HISTORY ! A SCN or Secondary Credit Number is a nine digit number that has a design make up of a Social Security Number (they look exactly the same). The SCN 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 SCN. What most people dont know is that a lot of people use alternate SCN´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 Secondary Credit Numbers are in existence, the actual number is a credit profile number, if you dont set another number up and furnish your social security number to the banks, they will use your social security number as the SCN (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 individuals 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.
Posted on: Sat, 17 Jan 2015 09:17:24 +0000
Trending Topics
Recently Viewed Topics
© 2015