Child Identity Theft
One in 40 households with children under age 18 have experienced child identity fraud. Along with having pristine credit, children are targeted because illegally using a child’s information can go undetected for years. The Identity Theft Resource Center (ITRC) warns, “By the time a young person opens his or her first checking accounts, credit card accounts, or applies for college financial aid, someone may have already had a decade-long shopping spree under that identity.” Learn how to identify the warning signs of child identity theft and what you can do to prevent it in IYI’s monthly column for April.
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