Are CPNs Legal | Are SCNs Legal
(SOURCE: FBI.gov website)
Credit Privacy Numbers (CPNs), or Secondary Credit Numbers (SCNs),are nine-digit file numbers that follow the same algorithm as Social Security Account Numbers SSANs).
Currently, federal law allows individuals to legally use CPNs/SCNs for financial reporting and protects those individuals who do not wish to disclose their SSAN. Individuals who acquire CPNs/SCNs are completely responsible for any debt they incur using this number.
The CPN/SCN 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 a SSN EIN, TIN, ITIN. This number is NOT a new social and NOT a tax ID or EIN. It is simply an available file number that the credit bureaus’ computer systems will allow a file to be opened with, and that can have financial information reported.
You have the right to establish this number only once, so do not abuse it. (Refer to Credit Privacy Act Of 1974, Tile V).
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, or Secondary Credit 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, or any Local, State, or Governmental agency.
We encourage you to abide by the Laws, but you are free to use the laws to your advantage.