This post originally appeared May 3, 2018 on CreditCards.com as “Can immigrants transition from ITIN to SSN without hurting their credit score?”
By Barry Paperno
Dear Speaking of Credit,
I just received my Social Security number and I have a couple of credit cards where I use my Individual Taxpayer Identification number.
I want to check if calling the credit card companies and updating my information helps, and also if my credit score will transfer or will be affected somehow?
Will the credit card companies accept this or will they ask me to reapply? Thanks. – Carlos
You’re clearly thinking on your feet here, knowing how strongly our Social Security numbers (SSNs) link to the credit information – including balance, credit limit and account age – that directly determines the content of our credit reports – which in turn determine our credit scores.
Let’s look then at whether you have reason to be concerned about any impacts to your credit picture once your Individual Taxpayer Identification number (ITIN) has been converted to your new Social Security number, along with some credit-protecting steps to take.