Stay Safe: Child Identity Theft Cases On The Rise

happy-children-clip-art-free-i1As children head back to school, parents will be filling out forms with personal information and sending their kids off with information in their school bags. Children make a tempting target for identity thieves as theft of a child’s identity may go undetected for years—with possible serious consequences—including damaged credit.

According to the Federal Trade Commission, more than 19,000 cases of child identity theft were reported in 2011, up from about 6,000 in 2003.

To help safeguard your child’s identity, TransUnion recommends the following to parents:

  • Be mindful of the personal information that your child is carrying. Make sure their information is kept in a safe spot and not just tossed in the bottom of a school bag. Help your child memorize their personal information.
  • Remind your child that they should never give out their personal information, especially to a stranger, and it should only be given to a teacher or other person they trust and know.
  • Consider hand-delivering directly to the school any forms with personal information or medical records instead of sending them with your child.

Possible Warning Signs Of Child Identity Theft Include:

  • The child begins to receive suspicious mail, like pre-approved credit cards and other financial offers normally sent to adults, in their name.
  • The parent tries to open a financial account for the child, but finds one already exists or learns the application is denied because of a poor credit history. A credit report already exists in their name. If the child has one, they may have been targeted already, since typically, an application for credit, a credit account, or a public record starts the compilation of a consumer credit file.

Source: www.TransUnion.com.

It is hard to believe that thieves would target children but if you don’t check into your child’s credit record, the thieves could have up to 18 years to use your child’s identity!  It is always best to check and make sure everything is secure with your child’s information.

Remember, it is always toasty in Naples and you deserve your piece of Naples sunshine.

Leave a Reply

You must be logged in to post a comment.