You can "credit freeze" (restricting access to your credit file, making it far more difficult for identity thieves to open new accounts in your name) for FREE.
Identity thieves can and often do target minors, but this type of fraud usually isn’t discovered until the affected individual tries to apply for credit for the first time, at which point it can be a long and expensive road to undo the mess.
According to the U.S. Federal Trade Commission, when the new law takes effect on September 21, Equifax, Experian and TransUnion must each set up a webpage for requesting fraud alerts and credit freezes.
The law also provides additional ID theft protections to minors. Currently, some state laws allow you to freeze a child’s credit file, while others do not. Starting Sept. 21, no matter where you live you’ll be able to get a free credit freeze for kids under 16 years old.
Under the new law, fraud alerts last for one year, but consumers can renew them each year. Bear in mind, however, that while lenders and service providers are supposed to seek and obtain your approval if you have a fraud alert on your file, they’re not legally required to do this.
https://krebsonsecurity.com/2018/09/in-a-few-days-credit-freezes-will-be-fee-free/
Identity thieves can and often do target minors, but this type of fraud usually isn’t discovered until the affected individual tries to apply for credit for the first time, at which point it can be a long and expensive road to undo the mess.
According to the U.S. Federal Trade Commission, when the new law takes effect on September 21, Equifax, Experian and TransUnion must each set up a webpage for requesting fraud alerts and credit freezes.
The law also provides additional ID theft protections to minors. Currently, some state laws allow you to freeze a child’s credit file, while others do not. Starting Sept. 21, no matter where you live you’ll be able to get a free credit freeze for kids under 16 years old.
Under the new law, fraud alerts last for one year, but consumers can renew them each year. Bear in mind, however, that while lenders and service providers are supposed to seek and obtain your approval if you have a fraud alert on your file, they’re not legally required to do this.
https://krebsonsecurity.com/2018/09/in-a-few-days-credit-freezes-will-be-fee-free/
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