How to Monitor Your Child’s Credit for Fraud

In today’s digital age, identity theft and credit fraud are not just adult problems—they affect children, too. Shockingly, children are 51 times more likely to be victims of identity theft than adults, according to a study by Javelin Strategy & Research. Criminals target minors because their clean credit histories are like blank slates, making it easier to open fraudulent accounts that may go undetected for years.

As a parent, safeguarding your child’s financial future starts with proactive credit monitoring. Here’s how you can stay ahead of fraudsters and protect your child’s credit.

Why Child Identity Theft Is a Growing Threat

Child identity theft often flies under the radar because most parents don’t think to check their child’s credit report. By the time the fraud is discovered—often when the child applies for their first loan or credit card—the damage is already done.

Common Ways Child Credit Fraud Happens

1. Data Breaches: Schools, medical offices, and even gaming platforms store sensitive information that hackers can exploit.
2. Family Fraud: Sadly, some cases involve relatives using a child’s Social Security Number (SSN) to open accounts.
3. Synthetic Identity Theft: Criminals combine a child’s SSN with a fake name and birthdate to create a new identity.

Steps to Monitor Your Child’s Credit

1. Check If a Credit Report Exists

Most children under 18 shouldn’t have a credit report. If one exists, it’s a red flag. You can request a free credit report for your child from the three major bureaus (Equifax, Experian, and TransUnion) via AnnualCreditReport.com.

2. Freeze Your Child’s Credit

A credit freeze blocks anyone (including you) from opening new accounts in your child’s name. Contact each credit bureau to initiate a freeze:
- Equifax: Minor Freeze Request Form
- Experian: Child Identity Theft Protection
- TransUnion: Credit Freeze for Minors

3. Set Up Fraud Alerts

If freezing isn’t an option, place a fraud alert on your child’s file. This requires creditors to verify identity before approving new accounts.

4. Monitor Financial and Personal Records

Watch for:
- Mail addressed to your child from banks or debt collectors.
- Unexpected denials for government benefits (e.g., Medicaid).
- Notices from the IRS about unpaid taxes in your child’s name.

5. Use Identity Monitoring Services

Services like LifeLock, IdentityForce, or Credit Karma offer child-specific monitoring, alerting you to suspicious activity linked to your child’s SSN.

What to Do If Fraud Is Detected

Step 1: Report the Fraud

File a report with:
- The Federal Trade Commission (FTC) at IdentityTheft.gov.
- Your local police department.

Step 2: Dispute Fraudulent Accounts

Contact the credit bureaus and creditors to dispute fraudulent accounts. Provide copies of the FTC report and police case number.

Step 3: Consider a Credit Sweep

A professional service can help remove fraudulent entries and restore your child’s credit history.

Preventative Measures for Long-Term Protection

Educate Your Child About Digital Safety

• Teach them not to share personal details online.
• Use strong, unique passwords for gaming and social media accounts.

Secure Important Documents

Store birth certificates, SSN cards, and medical records in a locked safe or encrypted digital vault.

Stay Vigilant with Schools and Camps

Verify how organizations handle your child’s data. Opt out of unnecessary SSN collection where possible.

The Role of Legislation in Child Credit Protection

Laws like the Child Identity Protection Act and Economic Growth, Regulatory Relief, and Consumer Protection Act have made it easier for parents to freeze their child’s credit. However, enforcement varies, so proactive monitoring remains critical.

Final Thoughts

The emotional and financial toll of child identity theft can be devastating. By taking these steps, you’re not just protecting your child’s credit—you’re giving them a safer financial foundation for the future. Stay informed, stay alert, and remember: in the fight against fraud, early action is everything.