My Toddler Has Bad Credit
In this day and age even infants are prone to identity theft. Your toddler should have his own identity theft protection plan.
Every teenage must be assigned a social security number for identification purposes in this day and age. Today every child born in the United States now is automatically assigned a social security number (SSN). The youngster’s name and social security number make it easy to steal their identity. Identity fraud protection is very much harder due to these facts. Not only do most parents not think about this aspect of their child’s identity, it makes them a perfect target for id theft. There is also another aspect to today’s society that may attribute to higher theft percentages of children’s identities. It is the divorce rate in the United States. One unscrupulous parent may choose to steal the child’s id to avoid paying a water or electric deposit. Maybe dad just cannot afford the bills and uses the child’s identity to start a new account everywhere. Out of sheer necessity, the parent chooses to open another account in the child’s name and start fresh.
Any prudent parent wants to do anything they can to protect their children. Many young parents cannot even comprehend a theft protection program for themselves or their kids. It never occurs to them that their children are prime targets and that protect identity measures are necessary. And you can even pull free credit reports on your kids as part of their identity fraud protection plan. It is a shame that it may be necessary. If one is not available, do not fret. This is a good thing. Children are not supposed to have a credit history. It is pretty unlikely a three year old will have a credit history. It appears deceased persons would be the most like prime target as they surely would not have an id theft protection program. Usually no one would be checking up on a deceased person’s credit history.
So not only should you prevent identity theft on yourself, but also watch the identities of your infants.
