What do you think is the most common form of identity theft?

Thursday, May 15, 2014

Child Identity Theft

Child ID theft is a very serious but very overlooked area of this issue.

Most people don't realize that credit bureaus don't register the age of an applicant until the application for credit has been submitted.

So even though your son or daughter may be 5 years old, a thief in Florida who applies for credit with your child's social with set your child age with his.

Now your 5 year old is 25 in the eyes of the credit bureaus...now how do you fix that? A lot of hours and a money.

The average cost is $500 and 30 hours to fix.

http://www.keyetv.com/news/features/top-stories/stories/child-identity-theft-rise-18049.shtml?wap=0

After checking out this link, let's talk about protection and restoration options...

No comments:

Post a Comment