For Sale, 1 Social Security Number, Used

Hello.

"CEOs of ChoicePoint and information broker LexisNexis Group's U.S. Corporate and Federal Government Markets cautioned the lawmakers not to ban all sales of Social Security numbers."

Read it again...they caution NOT to ban the SALE of your Social Security Number. Why? Because it'll cost them money. What is their Oh Good Grief answer?

They "testified that situations exist in which businesses should be given a consumer's Social Security number without notification, such as when a bank considers issuing a loan and wants to ensure that it's being granted to the right individual.

"That Social Security number is that unique identifying piece of info to allow financial institutions, for example, to determine whether they're having a fraudulent transaction in their business."

Oh Good Grief!

We're talking about the SALE of our Social Security Number. No where in their answer do they explain about the SALE of our numbers. I understand it's an unique identifier - that's fine when they may ask for it. But they shouldn't be allowed to sell that number. It's mine dammit!

Oh Good Grief!

Read the full article here.