menu
techminis

A naukri.com initiative

google-web-stories
source image

Medium

1M

read

387

img
dot

Image Credit: Medium

The importance of freezing your child’s credit and your own

  • 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.

Read Full Article

like

23 Likes

For uninterrupted reading, download the app