It’s bad enough that people need to constantly stay vigilant with their bank records, passwords, and anti-virus software to protect their identities, but there are also overlooked victims of identity theft: children. The saddest part is that many kids won’t know that is the case until years and years later when they become adults.
Criminals use social security numbers from children, even babies, to obtain credit cards, mortgages, utilities, and other items. Often it is not until they are trying to apply for college loans or car loans when they realize someone had sabotaged their credit score years later. The Federal Trade Commission reports that kids are 51 times more likely to have their social security number stolen. States are slowly but surely addressing this issue by passing legislation that doesn’t allow minors to open credit until they’re 16 years of age. For a full article on this troubling trend, click here:: Child Identity Theft on the Rise