NPR recently published an article that should alarm many parents. According to the article, which uses sources from the Federal Trade Commission (FTC), children are increasingly becoming victims of identity theft. Identity thieves are stealing the Social Security numbers of children because the theft will likely go undetected. When affected children try to open lines of credit or apply to jobs years later, they may discover that their information was stolen. Fortunately, there are steps that you can take to reduce the chances of your child becoming an identity theft victim. The Federal Trade Commission (FTC) recommends taking the following steps to prevent identity theft: Learn how to limit the risks: You could keep all electronic and paper records in a safe location. The FTC has detailed information on how you can keep your child’s information secure. If your child is enrolled in school, you could verify that his or…
Read More »
An estimated ten million Americans are hurt by identity theft every year. In fact, 70 percent of all complaints sent to the Federal Trade Commission in 2012 involved reports of identity theft. While anyone can be a victim of identity theft, some people are easier targets than others. Seniors 70 years and older: According to statistics gathered by Experian, one of the credit reporting agencies, older consumers have better credit and therefore make lucrative targets. Older Americans also have retirement savings that make attractive targets for identity thieves. Children: This may sound surprising, but identity thieves target children for several reasons. Children have no credit history. In addition, theft can go undetected for many years, up until victims go to apply for a student loan, credit card or vehicle after turning 18. There are an estimated 140,000 cases of child identity theft every year! People who use social media: Be…
Read More »
We recently discussed how to avoid online identity theft, which can occur when network and PC security are neglected. It may surprise you that children can also be scammed by identity thieves. According to the Federal Trade Commission (FTC), identity thieves steal the Social Security information of children to open bank accounts, credit cards and other types of loans. Thieves may also use stolen Social Security numbers to lease apartments or sign up for utility services. The FTC recently warned Americans that identity thieves target more children than adults. In fact, the FTC claims there are between 140,000 and 400,000 cases of child identity theft each year. If you are a parent, it is essential that you understand how to keep your child’s information safe. In the event information has been stolen, there are steps you can take to repair the damage. Safeguarding Your Child’s Information Parents will have to…
Read More »
*Credit card payments will not be accepted for bankruptcy cases, unless pre-approved by The Sader Law Firm. If you have a question about a credit card payment, please call our Office Manager at (816) 561 1818.
© 2010–2024 The Sader Law Firm
Book an
Email
Directions
