: Attempting to use your SSN as an account number will lead to rejected payments, late fees, and potential criminal charges for fraud .
: The Federal Reserve only holds accounts for banks and government agencies, not individuals. using social security number to buy things
: These scams are designed to trick you into revealing your SSN so fraudsters can steal your identity and open real credit lines in your name. When You ARE Asked for Your SSN During a Purchase : Attempting to use your SSN as an
The idea that you can use your to buy things or pay bills directly is an internet hoax and a common starting point for identity theft . Your SSN is a unique identification number used for taxes and benefits; it is not a bank account number and is not linked to any "secret" funds. Critical Warning on "Secret Account" Scams When You ARE Asked for Your SSN During