Welcome to Children’s Credit Crisis.org. A recent study by Javelin Strategy and Research shows that one child in every classroom had one or more credit files using their Social Security number. Key findings include:
- The study discovered 5% of children had one or more credit reports using their social security number (SSN), and 54% of those children were victims of identity theft.
- Among those 5%, the children had on average $12,779 in fraudulent or wrongly assigned debt.
- While the study found that children were more likely to find problems in their credit histories as they aged, an astonishing 12% of those with problems were age 5 and under.
Fraudulent use of a child's information can wreak havoc on his or her financial future, potentially leading to the denial of credit, student loans, housing or employment at a time when that child may need it the most.
The mission of this site is to provide parents, governments and industry professionals a complete resource to understand and combat child identity theft.
Please let us know what else you would like to see on this website or if you are interested in becoming a sponsor.
- News - This blog posts on a range of issues related to child identity theft. It covers victim stories, new research, current events and trends in both attacks and legislation.
- Research – The latest research on child identity theft.
- Safety Tips – What parents must do to protect their children’s identities.
- Restoration – The steps required to restore your child’s identity should they become a victim.
- Resources – A list of resources on child identity protection.