.What Is A SCN or CPN?
A secondary credit number(SCN) is a nine-digit number that has the exact same genetic makeup of a Social Security Number.
A CPN Number (Credit Privacy Number) is a unique nine digit identification number that can be used to report financial information to all three credit bureaus. A CPN NUMBER / SCN Number is registered with the Three Credit Reporting Bureaus the process to do so called TRI-Merge (Submitting your personal information & the CPN / SCN to the 3 credit bureaus) and after that you will be able to have payments and financial information reported to.
You legally have the right to establish this number only once, so do not abuse it. After establishing your SCN number you can use it to open up new lines of credit.
Why It’s Legal?
It is your legal right to keep your Social Security Number private, and use a separate number for any credit related purposes. You can use the existing laws to your advantage for a change. Due to certain rights guaranteed by the (1974 US Privacy Act Title V Click here to see), you have the right to keep your Social Security Number private and not be denied service due to your refusal. The credit bureaus are not government agencies, so you do not have to give them your Social Security Number.
What's the government regulations on CPN use?
Currently the U.S. Government allows you to possess and use another 9 digit number beside your Social Security Number (SSN) to compile your personal financial information. However, you are not allowed to abuse these numbers and you will be completely responsible for any debts on your Social Security Number (SSN) and your new credit profile under the CPN Number / SCN Number.It is your legal right to keep your Social Security Number (SSN) private by using a separate number for credit related purposes. The law says you are only required to disclose your Social Security Number (SSN) to the Internal Revenue Service, your work place (your employer), registering a motor vehicle, applying for a federally backed loan (FHA, Fannie Mae, etc.), child support, DSS income, SSI taxes, and buying and registering a firearm.
Who commonly uses CPN numbers?
CPNs are commonly used by celebrities, members of congress, individuals involved in witness protection program and those who may have experienced identity theft.