The issue for parents is this: What can I do to protect my child?
While the problem is clear, the solution is less so. The vast majority of kids don't have a credit report, and they shouldn't. In general, the Federal Trade Commission, the nonprofit Identity Theft Resource Center and the nation's credit bureaus advise against frequently checking your kids' credit unless there's some reason to believe they've been victimized by identity theft. Repeated requests for a child's report can actually do more harm than good. The Identity Theft Resource Center warns that it can lead to the premature creation of a credit file, which could make it easier for an ID thief to exploit the child’s identity.
http://today.msnbc.msn.com/id/42997608/ns/today-parenting/
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