Lost social security card identity theft is becoming common these days. A lot of people think that your social security card is the most important identification card that you will ever have in the US. In fact, it is considered by many as the unofficial national ID. And the reason behind it is that the social security card contains the nine-digit social security number.

Information found in your social security number is crucial for so many reasons. One, this is where your record of your lifetime income is kept. Next, the IRS is also using the social security number in order to confirm whether or not you are paying the right taxes. And lastly, you will need the social security number in order to open a bank account, apply for a credit card, and to have a job.

Lost social security card and identity theft

The social security number is only given to US citizens and to those that have temporary permits to work in the US. Over the years, a lot of people have misplaced their social security card leaving them prone to identity theft. What are the dangers of this scenario? Lost social security card might give you a problem when it comes to getting a loan. You might see your credit rating affected since you are already having unpaid bills that you didn’t really make.

What you need to do is to report that your social security card is lost. From this scenario, you will have the bank to watch out for anything fishy in your account. There is also a chance wherein it is a wise decision to just cancel your credit card.

Lost social security card prevent identity theft

Can you just get a new social security number? It is not as easy as that. There are a lot of considerations before you could be issued a new one. For instance, was there really an identity theft that occurred? Were all the necessary steps taken?

These are just some of the considerations that shall be made before getting a new social security card. In addition to this, you have to consider the fact that you will have to build on your credit once again for the next years to come.