When you lose your social security card and it falls into the wrong hands, you can be in a lot of problems with the law. With your social security card, an identity thief is able to access your personal information and use it to break the law. It is therefore very important that when you lose your social security card you immediately contact the social security administration. Some of the worse things that can happen when you lose your social security card include;
Breach of confidential information
With your social security card, an identity thief is able to access personal information including your financial records. This is very risky because this information can be used to apply for other legal documents like passport and driver’s license to be used for illegal activities. With such information, the identity thief is also able to get access to medical services with your identity. This will intern result to your medical records being inaccurate and can cause a lot of complications when you need to access medical care. Look at https://www.application-filing-service.com/socialsecuritycard/lost-and-replacement-social-security-cards/ for help if you need it.
Bad credit score
An identity thief is able to spend on credit using your social security information. This is so far the worse thing that can happen because you can lose so much money and get a bad credit score. It is therefore very important that you closely monitor your financial records when you lose your social security card. As soon as you realize that your social security information is being used by someone else then you have to immediately report to the rightful authorities. With your social security card, someone can apply for loans and other financial services that will be linked to you and not them.
Getting framed for crimes
Some criminals use stolen social security cards as their own and in a situation where they get arrested, they produce your number as their own. This automatically goes down on your record and can cause a lot of problems for you. Getting a job will not be easy and sometimes can be impossible depending on the type of crime that was committed with your identity.
You can lose all your benefits
An identity thief is capable of taking your hard earned money that you have been patiently accumulating to use only when need be. This automatically puts you in a very risky financial position because you will have no money for emergency or your retirement benefits.
Delayed or no tax refunds
With you social security information, an identity thief is capable of filling and applying for tax refunds. This results to you not getting what is rightfully yours. However, you can counter this by dealing with your taxes early before the identity thief but still, you need to get your social security issues solved legally.
Passage access to buildings
An identity thief can use your social security card to access buildings that require identification for bad reasons like terrorism. This type of impersonation is dangerous since it can put you in a very serious crime scene that can put you in prison for a long time.