A creditor can file a lawsuit against a debtor who has defaulted on a contract. But, all Social Security benefits are exempt under federal law from creditor garnishment.
This does not mean that if the creditor sues and receives a judgment against the debtor they will not have other means of executing the judgment to recover the debt owed.
Yes, most companies require that you provide your social security number to get an accurate quote. Insurance rates can vary depending on your credit history.
No, you typically do not need to provide your Social Security number to get online term life insurance quotes. Most websites only require basic information such as age, gender, and health status to generate quotes. Be cautious of any sites that ask for your SS# for a quote.
You cannot get a credit card in the US with US credit card companies unless you have a social security number. Since Canadian residents don't have US social security numbers, they do not have access to US credit companies credit cards.
Yes. They need this to run a credit check on you.
To receive a more accurate quote a credit check may be down which would require your social security number
no way
Commercial credit insurance is often purchased by companies to ensure payment of credit which a company has credit with. There are many insurance companies who specialize in credit insurance. Some include Allianz and Atradius. The best way to obtain and use trade credit insurance is through a specialized broker.
There are dozens, if not hundreds: government databases (IRS, Social Security, Department of Motor Vehicles, etc.), business databases (credit card companies, airline frequent-flier memberships, etc.), financial (banks, loan companies), healthcare (doctor's offices, insurance companies) and many more.
No. I have no idea where you would have got this notion. Social Security cards are not credit cards and cannot be used as credit cards.
Yes. Obtaining a new social security number is no guarantee that your credit history will not follow you.
No. Applying for a credit card you must be a United States citizen. They varify this among other things with your social security number. To have a social security number you must be a citizen. All credit card issuers request your social security number and if you don't give it they will not give you credit. No. Applying for a credit card you must be a United States citizen. They varify this among other things with your social security number. To have a social security number you must be a citizen. All credit card issuers request your social security number and if you don't give it they will not give you credit.
Two reasons. 1. Many Insurance Companies use your credit score to determine your financial stability and the rate you ultimately pay. 2. If you have a claim, the insurer is required to report to the I.R.S. who it sends all those claims checks out to every year.