I-Team 10 Consumer Alert: Targeting babies

Posted at: 08/02/2013 2:28 PM
Updated at: 08/02/2013 5:44 PM

New born babies are getting targeted. It's just another thing to add to your list of parental worries. But it's not just your identity you need to protect.

Suspects withdrew cash advances or would sell the names to make fake college ID's. Postal inspectors say children have clean credit histories which makes them appealing to criminals.

Jim Walsh, U.S. Postal Inspector, said, “If they apply for a loan or try to get credit they could find out their credit is basically ruined and wouldn't know it the whole time they are growing up.”

Want to stop this? Check your child's credit every year.

If your child's credit is ruined because of this kind of crime, you can get it fixed. But that takes a long time. It's easier to prevent. Be very careful about how and when you give out your child's social security number and date of birth.