is it true that you can obtain a new personal identity number that will allow you to get credit even though you have a bad record?

posted by askmrcredit on (6 years, 9 months ago)

No. Companies that promise you can get a new Social Security number or tax identification number are attempting to illegally exploit a law that allows people to apply for a special tax identification number for their business. These numbers have the same amount of digits as Social Security numbers and appear to be interchangeable. But this is fraudulent and illegal! If you participate, you could face fines or even a prison sentence. It is a federal crime to make any false statements on a loan or credit application.

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