Your Credit Security number is a nine-digit number used to report information to credit bureaus. These numbers develop as alternatives to the use of Social Security numbers. Today, any U.S. citizen can receive CPN to use with their credit records. Once you have a CPN, you can use this number to check your credit history. If you don’t see your payment history listed below this number, you can ask your creditors to start declaring the information correctly.
Use your CPN or Social Security number to access your credit report. You can go directly to one of the three credit bureaus for this service or use a third-party provider to check your report. The annual CreditReport.com is a resource backed by three offices, allowing one free credit check each year into your own account.
Verify your credit information. Your lender must automatically report information such as payment history and loans automatically to your credit report. This information will be transferred to your credit report after you receive the CPN instead of using your Social Security number.
Note missing or inaccurate information. Review your credit report closely and make sure that your information is up to date. If your payment history is missing on any account, take notes to yourself.
Contact lenders who haven’t submitted your credit information. Call lenders who haven’t reported your credit correctly. Provide your account information to these lenders and request a fix for the problem. Make sure to send more written requests, record the conversation, in case the lender fails to do so.
Check your report after a month. Allow this 30-day period for your lender to report the information. You can’t self-report information at any given time, so you have to rely on the lender to do this.
Keep track with any delayed lenders. If you don’t see the updated information, call another phone and send a second letter. This may continue for a while, but it’s the only way you can make sure the information is entered correctly.
Dispute any inaccurate information. If you notice that the lender entered incorrect information, file a complaint immediately with each credit bureau. Contact the lender to inform them that the dispute has been filed and request immediate repairs. See the Federal Trade Commission’s website for a credit dispute letter form.
The credit report you receive using your CPN or Social Security number is the same report. The main reason for using CPN instead of a standard credit check with a Social Security number is privacy. You will be able to provide your CPN lender instead of your SSN to maintain better privacy, but the information they receive will be the same.