Using Social Security Number To Buy Things < Top — REPORT >

: Scammers often claim every U.S. citizen has a "secret account" at the Federal Reserve tied to their SSN that can be used to pay off debt.

: The Federal Reserve only holds accounts for banks and government agencies, not individuals. using social security number to buy things

The idea that you can use your to buy things or pay bills directly is an internet hoax and a common starting point for identity theft . Your SSN is a unique identification number used for taxes and benefits; it is not a bank account number and is not linked to any "secret" funds. Critical Warning on "Secret Account" Scams : Scammers often claim every U

: Scammers often claim every U.S. citizen has a "secret account" at the Federal Reserve tied to their SSN that can be used to pay off debt.

: The Federal Reserve only holds accounts for banks and government agencies, not individuals.

The idea that you can use your to buy things or pay bills directly is an internet hoax and a common starting point for identity theft . Your SSN is a unique identification number used for taxes and benefits; it is not a bank account number and is not linked to any "secret" funds. Critical Warning on "Secret Account" Scams