Wednesday, October 3, 2012

Children 51 Times More Likely to be Victims of Identity Theft Than Adults


A new study by Carnegie Mellon University found that children are 51 times more likely to be the victims of identity theft than adults.

US News reports that out of 42,000 children whose financial histories were scanned, 10.2% showed fraudulent Social Security number use.

Children’s Social Security numbers are valuable because a Social Security number with a blank history can have any name connected to it.

However, the credit bureau Transunion has teamed up with identity theft protection company AllClear ID to create a free online tool where you can check the status of your child’s identity. If fraud is detected, they can fix it for you. The website is www.allclearid.com/child.

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