After Equifax Breach

After Equifax breach, these are the scariest things on your credit reports to keep safe! The worst data breaches, such as the Equifax hack that exposed the personal information of more than 145 million people, can give scammers the raw materials they need. With information such as your name, Social Security number and birth date, someone can open a credit account in your name. You need to protect yourself for the future.

After Equifax breach you should consider using a CPN to keep your information safe. A credit privacy number, or CPN, is a nine-digit ID that can be used in lieu of a Social Security number for credit reporting and other financial purposes, like applying for a loan. Like an SSN, each person can only have one CPN. It’s used as a unique identifier for your financial transactions and lets lenders and credit reporting agencies keep an eye on your borrowing history. However, a CPN can help you keep your finances safe and hidden from the public eye. For that reason, it’s popular among elected officials, celebrities and people in witness protection programs. As the name implies, it’s mostly used by people who need a little extra privacy. A CPN isn’t always a substitute for an SSN, though: You can’t use it for documents submitted to the IRS or an employer, registering a vehicle or applying for a government loan, for instance. If you have a CPN, it’s on you to know when you can and can’t use it.