Children are 51 times more likely to be victims of identity theft than adults, with thieves using their social security numbers to create false identities.
Freezing your credit is essential to prevent unauthorized accounts being opened in your name without a secret pin, protecting your credit and financial security.
Seniors and parents of children should prioritize placing a credit freeze due to the targeting of these demographics by identity thieves.
Placing a credit freeze on a child's identity is a more complex process, requiring checks with all three credit agencies and potentially lengthy verification processes if a theft is discovered.