She actually believes parents should prohibit kids from dating until
It's not uncommon for young children to have e-mail accounts of their own.
It's cute, grandparents love it, and it makes a kid feel grown-up.
In The Huffington Post, he wrote that "credit bureaus are in the best position to prevent child identity theft by simply tweaking their systems to allow a credit freeze before" any fraud occurs. Chappell Jr., a law enforcement professional and author of Child Identity Theft: What Every Parent Needs to Know, strongly feels that parents, government, and law enforcement agencies all need to work together.
While you may hope that your child's identity will never be stolen, a bit of preparation could help prevent it from happening.
This is the key to his identity -- and thieves can use it to unlock many financial doors.
Jamie May, vice president of Customer Service & Chief Investigator at All Clear ID (allclearid.com), a credit monitoring service, says that a stolen SSN can be used "for a variety of purposes," adding that the main goal of identity crooks is to create a clean credit history.
Imagine if an identity thief sees a pre-approved credit card addressed to your toddler in your mailbox: All she has to do is fill out the form and she's got a brand-new line of credit to use to buy a brand-new computer and a new wardrobe.Ultimately, you are your child's best protection against identity thieves, but lawmakers are aware of the problem, and there has been some movement to protect children.In 2011, President Obama signed the Foster Youth Financial Security Act, allowing foster kids (16 and older) to receive free credit checks and get help correcting inaccuracies before leaving the foster care system.Unfortunately, there are a lot of organizations that ask for this number even though they don't need it.
"It's really alarming when we talk to some parents; the SSN is on [so many] forms," May says.
Any nefarious financial activity taking place in your child's name will be reported to credit agencies, leading to a poor credit score, something that is extremely difficult to clean up even under the best of circumstances.