The acronym SSN stands for Social Security Number. A Social Security Number issued to the registered citizens of countries that have a social security system.

Social Security Numbers are used be credit recording agencies to track an applicant’s past borrowing data.

Social Security Numbers are frequently used by fraudsters who find deceased people or newly registered members of a country’s social security system.

SSNs are used as the ultimate proof of a person’s citizenship, and entitles them to whatever rights and benefits they have under a country’s entitlement act.

For the purposes of our web site (CLF) the acronym SSN will almost always be used in reference to the loan application process.

Facts About SSNs in North America

• the Social Security Number system was first introduced in the United States during in the administration of FDR (Franklin Delano Roosevelt).
• United States Social Security Numbers have 9 digits and are in this format:
  

  xxx-xx-xxxx

  In Canada SSNs are also 9 digits long but are in this format:

  xxx-xxx-xxx

It is well known now that identity theft is commonplace. It’s important to never let your SSN out online, or by any other means, as fraudsters will use it to profit using your identity.

To read more on Social Security Numbers please see this Wikipedia page on SSNs.