Skip Tracing - Understanding Social Security Numbers: Part 2
Did you know that you can tell not only where a
security number was issued, but you can also tell when it was issued?
There is a useful information for a skip tracer coded into every social
security number. We have compiled all of the necessary data here in one
place for you to completely decode a social security number.
In the last issue of Repo Times, We covered some of the basics of
a social security number
showing you how to determine what state
issued any given social security number. This issue we are going
to cover how to determine what year a social security number was issued.
This may not seem very important to many repossessors, however, you
can't repossess the collateral if you can't find your debtors. You may
even uncover frauds that your client was unaware took place.
So how can you determine what year a social security number was issued?
Plug your social security number into this
Once you know what year your debtor's social security number was issued,
compare it to the debtor's year of birth. If you find that the social
security number was issued after the date of birth the social security
number, and date of birth are not in conflict and there is not an
indication of fraud.
If you find that the social security number was issued before the
debtors date of birth, you can bet your paycheck that the information
provided to the lender is fraudulent, or there was a typographical error
when the lender entered the information into their computer. Ask the
lender for a copy of the original loan application and double check for
accuracy before you accuse the debtor of fraud.
If you believe you have uncovered a fraud, you should let your
client know immediately before preceding with the repossession
assignment. The lender may ask you, the repossession service to
involve the police to assist in repossessing the fraudulently
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