Listen "Protecting Your Child's Future: The Importance Of Locking Their Credit Early - The Credit Pros"
Episode Synopsis
Freezing a child's credit is a proactive measure to protect against identity theft, especially in light of increasing data breaches. The process involves contacting major credit bureaus and providing necessary documentation. Identity theft can go unnoticed for years, causing significant emotional and financial damage. Parents should verify if a credit report exists for their child and take steps to secure it. Educating children on safeguarding personal information and considering identity monitoring services are also recommended.
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