Credit profile numbers are also known as CPN's defined by Freddie Mac is a nine-digit identification number that looks like a social security number or SSN and may be used in lieu of an SSN for such purposes as obtaining credit. You have a legal right to keep your social security number private in certain circumstances. Consumers are required by law to disclose their SSN such as to the internet revenue service, employers when registering a mobile, registering a mobile vehicle, buying a firearm or applying for a federally insured loan. in other circumstances federal law allows
consumers to legally use a separate identification number. Hence the opportunity to establish a CPN for a credit file. CPN's are commonly celebrities, members of Congress and witnesses protected by the federal government to help protect their privacy and security. The FBI defines credit profile numbers as nine-digit numbers that follow the same algorithm as social security numbers. Currently, federal law allows individuals to legally use CPN's for financial reporting and protects those individuals who do not wish to disclose their SSN. Individuals who acquire CPN's are
completely responsible for any debt they incur using this number. Based on government statements posted directly on their websites, CPN'S are not only legally but commonly used to help individuals protect their privacy and security. Credit Privacy Number is a nine-digit identification number that can be used to report financial information to credit bureaus. Available for use primarily in the united states. The number can be used instead of an individuals social security number for many types of credit transactions.
However, the CPN should not be viewed as an equitable substitute for the social security number in all situations. There are many citizens of the united states that routinely use this type of identification number, celebrities often use one as a means of protecting their privacy when it comes to credit cards, loans, and other financial transactions, members of Congress are also likely to use it in order to
minimize the chances of private details about their finances being released to the general public without their authorization. People placed within a witness protection program are often issued a CPN as it much harder to track a than a Social security number. Official statements by the FBI and Freddie Mac states that legal CPN's are legal to own, legal to use and currently the fastest and safest methods of credit repair. You're responsible for whatever loans or financing you obtain using your legal CPN.