Posts Tagged ‘children’
Have you checked your kid’s credit report lately?
Why would you check a 5-year old’s credit history? Because your child’s identity is even more valuable to an identity thief than yours is. Why? Because children don’t take out loans, apply for credit cards, get audited by the IRS or do any of the other things that usually alert adults to the fact their identity has been stolen. If an identity thief manages to get your 4-year old’s Social Security Number and birthday or other identifying data, he can steal your child’s identity. He then has another fourteen years, until your child hits 18 and tries to get a credit card or an auto loan, to run wild with your child’s good name and clean credit. Do you want your child’s 18th Birthday present to be discovering that he’s got hundreds of thousands of dollars in unpaid bills tied to his credit history? If not, check your child’s credit history today!