***The Credit Privacy Number!***
The CPN is a nine-digit number that has the exact same genetic makeup of a Social Security Number. This is not a government issued number like an EIN or TIN. This number is NOT a new social and NOT a tax ID or EIN. It is simply an available file number at the credit bureaus that can have financial information reported. You have the right to establish this number only once, so do not abuse it. This explanation is not here to advise anyone to misrepresent your Social Security Number, as you are completely responsible for any debts you incur using your Credit Privacy Number.
It is your legal right to keep your Social Security Number private, and use a separate number for any credit related purposes. You are only required by law to disclose your Social Security Number to the Internal Revenue Service, your employer, when registering a motor vehicle, buying a firearm, or applying and obtaining a federally-insured loan such as FHA, Sallie Mae, etc. I encourage you to use the laws to your advantage. Each credit bureau works on a different schedule.
In addition, the CPN is used by celebrities, congress members/government workers, and witness protection reasons. For example, celebrities use it because the media can use their SS# to track what they are buying and where they are simply by tracking their credit cards. Further, in example, congress holds special privileges to the law; therefore, their privacy needs to be protected. In another example, witnesses under protection can be located if they use their true social security number for transaction. This is the reason why there is the existence of a Credit Privacy Number program.
Legality of the CPN:
Presently, 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:
...(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's Social
Security Account 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 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.
When it comes to credit, banking and loans, there are two things you must know. The first relates to the law pertaining to the usage of your social security number as an identification tool. The second, 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.
---What all this means is Federal Law protects those who do not wish to disclose their personal information (SS#) except when required to do so. All that to say: Instead of a Social Security Number, with the right planning, you now have the opportunity to establish a Credit Privacy Number (CPN), as it is your right to have one.
What is a credit privacy number???
What are the uses of a CPN number (legal)?
Credit Privacy Numbers are free to everyone. Just make sure you do your research in terms of the legal uses of a CPN.
Credit Profile Number - General term given to any nine digit or multi-digit number used to obtain credit. Examples of such numbers include the Social Security Number, the Taxpayer Identification Number, the Employer Identification Number, and the Credit Privacy Number.
Credit Privacy Numbers are free to everyone. www.cpnebook.com has information on how to obtain a CPN for free, but always be sure you do your due diligence in terms of the researching legal uses of a CPN.
Credit Privacy Numbers are free to everyone. Just make sure you do your research in terms of the legal uses of the law. If you are an offender, however, it is an extra charge and they will know this if you have been in prison and they have a record.
There are a number of websites one can use to check one's credit rating for free. Some of these sites include 'Experian', 'Privacy Guard' and 'Credit Karma'.
Credit Privacy Numbers are free to everyone. Just make sure you do your research in terms of the legal uses of a CPN. There's plenty of information at www.cpnheadquarters.com. They have some basic info, and also an E-book to purchase if you want to get the step-by-step.
A CPN number is called Credit Privacy Number. The best way to get a CPN number is through a CPN broker of attorney who specializes in working with celebrities or high net worth individuals.
One can use the credit score estimator on the Privacy Matters website to calculate their credit score. Just follow the simple on screen instructions asking how many credit cards, loans etc one has and it will produce a credit score.
Privacy Matters 1 2 3 is a private credit reporting guide. You can give them your information and they will find out about your credit report, and tell you what you need to know.
In Australia the Privacy Act was designed to protect personal information. Such information is included in investigations and credit reporting. The Privacy Act was signed in 1988, so does not cover internet privacy.