Only 1 Out Of 7 Monitors Their Social Security Number Online

MoneyTips

Do you monitor your Social Security number for any signs of fraudulent use? A new survey suggests you think that you should, but you probably don't.

According to the 2018 Capital One Credit Protection and Security Survey, only one in seven Americans uses a service to monitor activity on their Social Security number – but just over half of Americans who don't use a monitoring service think they should use one.

Why is Social Security monitoring so important? Your Social Security number is your most important and most often-used identifier. Criminals can use your Social Security number to apply for credit in your name. Without monitoring services, you may not realize your Social Security number has been abused until you're confronted with major unpaid bills and ruined credit.

Because of their versatility in identity theft scams, Social Security numbers are highly prized pieces of information. Depending on what other information criminals have on you, your ...



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