Identity theft can happen to anyone, and once your identity gets stolen it can be hard to get back on your feet. Once criminals get your Social Security number, they can use it to take out loans in your name and they can also use it to get credit cards and car loans in your name. They won’t pay the loans and they will default on them and then the creditors are going to be coming after you for the money.
Identity theft can create real problems in your life and you can end up with financial problems and ruined credit. If you need to buy a house or a car, you can be in real trouble because you won’t be able to since your credit is going to be ruined. If your Social Security number has become a huge disadvantage, you might want to consider getting a new Social Security number.
It is not the easiest thing to do and you have to be able to prove that your Social Security number is a disadvantage. If you can prove this, you might be able to get a new Social Security number. If you do get a new number, you aren’t going to have any credit history associated with it and you will have to start building a credit history all over again which is a lot of work.
It will take a long time before you are eligible to buy a house or car and you also lose out on the money that you have paid into the Social Security for Medicare and retirement. Getting a new Social Security number is going to cause you to have to start all over again and you are going to lose out on the money you already put into the system.
If that number gets stolen you are going to be back in the same position. Getting a new number can cause many different problems and you might want to consider filing police reports and putting a stop on your credit file instead of trying to get a new number.
When you file a police report you will at least have proof that your identity was stolen and this will help prevent you from having to pay back any of the money. It can still take a while to get your credit back to normal so you have to be patient while you are going through this process. It can be very frustrating when you are going through this and you can feel like you are going backwards with your finances. Know How Do You Change Your Address On Your Social Security Card?
Having your identity stolen is scary and it feels terrible when you are a victim of identity theft. Having loans that have defaulted when they are not your fault is scary and you are probably feeling terrible that your identity has been stolen. How to order social security card .