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Identity Theft in Children

March 7th, 2014 | Identity Theft

 

Courtesy Consumer Information

Children are Victims of Identity Theft

 by Robert T. Lord

New Evidence Indicates Identity Thieves are Targeting Children for Unused Social Security Numbers.

The report found that out of population of 42,000 minors (those under the age of 18), 4,300 had their Social Security numbers misused by other people. That is almost 10 percent.

It appears that stolen identities from children might be the hottest ticket in the identity theft activity.

Most of the breaches likely included insurance and healthcare companies where parents and guardians list dependents for coverage.

There is no single explanation why children's SSN are being targeted now except that criminal activity can go undetected for longer periods of time, often until the victim turns 18 years old.

1 STOP Mortgage recommends everyone with a social security number should review their information on the three credit report agencies once a year.

 

Under the Fair and Accurate Credit Transaction Act (Fact Act) consumers are entitled to receive one free credit file disclosure every 12 months from Equifax, Experian and TransUnion.

This free credit file can be requested through the internet, by phone or by mail.

 

INTERNET - www.annualcreditreport.com

PHONE – 1-877-322-8228

MAIL - Annual Credit Report Request Service

 P.O. Box 105281

Atlanta, GA.   30348-5281

 

After you receive the credit reports and do not understand or need an explanation on the information that it contains please call 1 STOP Mortgage for assistance.

 

Serving the Great Mid-South Region
Offices: 901-388-1588 or 901-476-9100 | Toll-Free: 
888-580-1588 | Fax: 901-388-6202 | Email: info@1stophomeloans.com
1 STOP MORTGAGE | NMLS#215671 | TN Lic#108931 | 5909 Shelby Oaks Dr, Suite 129, Memphis, Tennessee 38134