Who Else is Using Your SSN #?

Your social security number is supposed to be unique to you; however, a disturbing new study by ID Analytics has found that MILLIONS of Social Security numbers are shared by more than one person.

How many?

It’s estimated that more than 40,000,000 (yes, you read that right, 40 million!) SSN numbers are associated with more than one person!

… and, believe it or not, more than 100,00 Americans have 5 or more numbers linked to their name!

If you’ve ever tried to get a mortgage for a home, a loan for a new car or even a credit card – any discrepency in your credit report could either prevent you from getting money or result in you unnecessarily having to pay a higher interest rate.

How does this happen?

Well, believe it or not, much of the problem is due to people incorrectly entering their social security numbers due to poor memory or just sloppy record keeping.  The other serious offender to this problem is identity theft.

One such company that allows consumers free access to their credit score is FreeCreditScore (an Experian Company).  This will allow you to easily determine if someone’s been illegally using your social security number.     

And with FreeCreditScore, one of the most respected and well established of these services, you may actually use this company for inexpensive, on-going credit monitoring.

Keeping tabs on your social security number and your credit score will help improve your options for financial success.  Responsible monitoring of your credit report will allow you to deal with negative incidences quickly before you become a victim of fraud and/or misunderstandings that cost you thousands.

For your free credit score, visit FreeCreditScore and take charge of your financial future today.