If you have a poor credit score, your financing options may be limited and expensive. The simplest way to maintain a healthy credit score is by making your debt payments on time and in full. Be dedicated in making sure you’re timely with any mortgage, rent and utility, or personal credit card payments. Each one of these payments will all affect your personal credit score.
Our company can start you off with a fresh clean credit file! 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.