- PrestigeCruzAsked on July 24, 2017 at 02:44 PM
I am sending this message if we can add a Social Security Number as a prerequisite to our Loan Application Form for Prestige Cruz. We are a legal auto leasing business that requires a Credit Application in order to see if customers qualify for leasing. If yes, we want to know what requirements are needed to be met in order to add that feature. Please contact us right away, thank you.
- JotForm SupportKevin_GAnswered on July 24, 2017 at 05:03 PM
Yes, it is possible to ask for such information; however, most online form builders, including JotForm, are being used for identity theft. We go to great lengths to prevent this. That is why our Terms mention that SSNs are considered a Phishing activity.
When you do request SSNs, chances are that our automated phishing detector will flag the form(s) and suspend the account. If this happens you must contact support to whitelist the form and reactivate the account, explaining the purposes of the form(s).
We know there are businesses that require a Social Security number for legitimate purposes, here are some:
1. Insurance companies
2. Credit card companies, lenders, and any other company receiving a credit application from you
3. The three main credit reporting agencies: TransUnion, Equifax, and Experian
4. Any company that sells products or services that require notification to the IRS, including:
- Investment advisors
-Real estate purchases
-Financial transactions over $10,000, such as automobile purchases; and other financial transactions
Nevertheless, you must know that since we do store the information in your account, anyone with access to it would also have access to social security numbers. So, in the event of a security breach of your account this could be an issue.
So, having this in mind, we encourage you to follow this recommendation:
Add a sort agreement and/or an e-signature field to the form, so your customers will agree to provide their SSN along with personal info.
Here are some widgets you can add to the form (signature fields):
Please, let us know if you have any question.