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7 Ways You Can Prevent Child Identity Theft

May 31st, 2009 . by admin

For 2005, Federal Trade Commission records show 11,601 reports of identity theft filed on behalf of victims under the age of 18. Minors make ideal targets for identity thieves-the younger the victim, the more time there they have to exploit the child’s identity.prevent identity theft The damages a minor bears can run wide and deep. For example, he could be denied a credit card or a car loan. Worse, he may be forced to delay his education if he’s not approved for his student loans. Check your child’s credit report. The credit reporting agencies do not knowingly maintain credit files on children. Check for an earnings statement from the Social Security Administration. Safeguard social security numbers. Shred anything with a social security number on it.