Freezing Child’s Credit

As fraud numbers continue to go up, identity protection experts are urging parents to freeze their child’s credit to avoid a lifetime of financial headaches.According to the Federal Trade Commission, identity fraud incidents increased around 45% in 2020, with children frequently the target.James Lee, the COO for the Identity Theft Resource Center, a nonprofit focused on helping people with identity crimes, said it’s more important than ever for parents to consider freezing their children’s credit.

Source: MG News

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