Everyone has heard the stories about Americans whose identities have been stolen. It is not usually a pleasant story. People end up working for hundreds of hours over many years to get their lives and identities back in order.
Kids are the new target. They are finding out too late that they will not be getting student loans because someone has already ruined their credit. Some kids are denied the chance to buy their first car.
One woman from Nashville stated, “I took all the precautions to fight ID Theft but never once thought about my son becoming a victim until he became one. Criminals don’t care if you’re 2 or 102, as long as they get what they want.”
Identity thieves know that you are much less likely to check the credit of a child and that that credit report is monitored less frequently than an adult’s credit. This allows them to do a lot more damage to a child’s credit before they are detected.
There are three things that you can do to protect your children:
each year for each child. This is a simple process that will allow you to verify that nothing unusual has taken place.
They will contact you if they notice unusual activity.
which are the most effective, puts a “lock” on your credit so that you or your child are the only ones who can access credit in that name and social security number. This service stops the thieves before they can do any damage and has a million dollar guarantee.
Just remember, a child is never too young to have his or her identity stolen. So no matter which method you choose to protect their credit, you will be happy that you took the time to ensure a bright future and a clean identity.