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good morning youtube family it's your boy jamal with love it up credit services and today we're going to talk about the very interesting topic of cpns versus ein okay so cpns there's a lot of buzz about cpns mainly because um it's just marketed as a quick fix in a way to hide your bad credit or just negative history and cpn stands for a credit privacy number and a lot of people wonder like how did the cpn even come into existence okay so according to lexington law cpns or credit privacy numbers a byproduct of the privacy act of 1974. in this act it basically says that you can't be forced to provide your social security number to a third party unless it was required by federal law such as applying for a passport okay and so this basically kind of is like how cpns were able to be created now it said it said that credit privacy numbers are used by uh famous people and other people in general for instance if you are witness protection right under circum circumstances you may be issued a cpn or the government may issue you a entirely different social security number altogether okay um cpns for the most part well not for the most part cpns are not government issue numbers they are still nine digits they do still follow the same format of a social security number but they're not issued by the government at all typically companies have to either just manufacture a cpn and they use this algorithm and um computer software to like match it with the social social security administration or they steal the social security numbers from other people so a lot of times you may have to go on like the dark web or something like that to get a cpn now people run to cpns because again they want a quick fix right maybe they had a felony and now coming back into society we all know how difficult it is that well how difficult they make it for people to transition back into society if they have a checkered past with a cpn a lot of people use this number basically to give themselves a clean slate and they're able to rebuild an entirely new credit profile from scratch um the now the issue is that it is illegal to apply for credit using a cpn and a lot of times people will use cpns to defraud banks and other lenders so they'll get a cpn they'll apply for homes cars jewelry all that and then just burn through the cpn and dump it right they'll get everything and then it'll just burn the cpn meaning that they won't pay anybody back the cpm will go into default and then they basically will just go out and just buy another cpn and do it all over again right and so the issue is that this can get you caught up...