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There is a huge difference between taking a loan "on someone's behalf" (as their representative, eg by someone with power-of-attorney) versus via impersonating
by thomas_howland 9y ago
There is a huge difference between taking a loan "on someone's behalf" (as their representative, eg by someone with power-of-attorney) versus via impersonating them. The former is rare but legitimate; the latter is fraud.
- avodonosov 9y agoI mean the latter. Changed "a loan on you behalf" to "a loan accouted to you"
- raverbashing 9y agoYes and outside of the US nobody would be able to do a loan with a power-of-attorney without showing evidence of it
- mcv 9y agoIt may be fraud, but if it's possible, that's still a problem. SSN can not be used as authorization, because it isn't secret information. And really, the same is true for credit card numbers; they're shared with too many parties to consider them secret.