What’s a Credit Privacy Number?

If you’re worried about identity theft or have recently had your Social Security number compromised, you may want to consider a credit privacy number.

A credit privacy number is a nine-digit identification number that can be used instead of a Social Security number in some instances. Like a Social Security number, you can receive only one credit privacy number.

With a credit privacy number, also called a credit profile number, you can apply for and receive credit from lenders and your credit transactions will be reported to the credit reporting agencies. But you will still need to use your Social Security number to register a motor vehicle, apply for a government loan and submit documents to the Internal Revenue Service.

Credit-wise, you are responsible for all the debts that you incur with a credit privacy number and your Social Security Number. So manage your debts wisely.

How to Get a Credit Privacy Number

A credit privacy number is free, but it is best to consult with an attorney when requesting one. An attorney can file a request for a credit privacy number with the Social Security Administration.

Applying for a credit privacy number takes time, so this isn’t a quick fix.

Watch Out for Scams

Beware of companies that want to sell you a credit privacy number on the promises of a fresh start with easy access to credit and an escape from bad debts.

They may be selling you a stolen Social Security number instead. Scammers often use Social Security numbers stolen from children for this purpose. And you could actually be committing identity theft if you apply for credit using a stolen Social Security number.

If you’re worried enough about identity theft to request a credit privacy number, you should also consider monitoring your credit regularly. You can get your credit reports for free once a year under federal law.