Protecting Your Child’s Identity
A form of identity theft that tends to go undetected is child identity theft. In fact, most children will not be aware their identity was stolen until they reach the age of 18 and attempt to get their first credit card or even a student loan. Children even at birth can have their identity stolen to purchase new cars, get lines of credit, etc. Often the police can come to arrest your child only to find out that they are only three years old. As a parent you have to not only protect your identity, but that of your child. Here we will discuss a few ways a parent can protect their child’s identity and prevent them from falling victim to identity theft.
Teach Your Children
In the event your children are old enough to understand their identity, then you it is your responsibility to teach them that their personal information is just that – personal. Teach your child to never give out their social security number, date or birth or even bank account information (in the event they have one).
Be On the Look Out
Be weary when someone asks for a copy of your child’s birth certificate or social security card. There are times a parent will have to furnish these documents such as for school or registration for a government program, but there are times that these documents are not needed. Do not be afraid to ask the person requesting the documents how they will store them.
If bills or even pre-approved credit card offers come in the mail addressed to your child, call these companies and ask them why. Often these are the first signs of identity theft.
Never give out social security numbers or other information to friends or family regarding your child. Often the most common thief of a child’s identity is someone they know or even are related to.
A parent should never carry around their child’s social security card. In the event their purse or wallet is stolen, the thief now has information for both the parent and child.
Order Credit Reports
As a parent, you can order your child’s credit report for free every year. Inspect the credit report for any new accounts or inquiries that were not done so by you or your child.