Children are 35 times more likely to have their identities stolen than adults, according to AllClear ID. Because you may not check your child’s credit report, thieves can use their stolen identities for years. A child’s identity can be appealing to scammers due to their clean, blank slate. The stolen identity can be used by the scammer to obtain fraudulent employment, medical insurance coverage, and dependent child tax exemption. The results of child identity theft can include unpaid debts, difficulty obtaining credit, and high-interest rates on loans and credit cards.
Child Identity Theft
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