Now more than ever, it is important to protect your child’s identity.
Too often, many people think that identity theft can’t happen to a minor but that is far from the case. Fraudsters and scam artists often target minors and hack their identity to open new fraudulent accounts. The fraud can go undetected for years.
According to Experian’s Child Identity Theft Aftermath Survey, the average age of a victim of child identity theft is only 12 years old.
The good news is that now you can take steps to protect your child’s identity. Thanks to the law recently passed titled the Economic Growth, Regulatory Relief, and Consumer Protection Act, you can now take steps to create a credit report for your minor child and then request the report to be frozen by placing a security freeze…all for FREE.
Here is an article that explains more about child identity theft.
If you have any questions about protecting your child’s identity or think that your child may have been a victim of identity theft, call Illinois Credit Services at 630-427-8500