If you haven’t been the victim of identity theft, you probably know someone who was. But has it ever occurred to you that your children could have their identity stolen too? It happens. A lot. And it’s especially nasty because it might take years to discover–who bothers to check a 2-year old’s credit rating?
Over 9 million Americans–including more than 500,000 children–have their identities stolen every year. You might be tempted to say, “Big deal.” But that would be a mistake. A young child’s lily white credit report makes it especially attractive to thieves, who can use the child’d identity to apply for jobs, get credit cards, open utility accounts (gas, electric, garbage), get a driver’s license, and more.