Oregon takes a step to be the forerunner in the protection of its children against theft ID. As of September 13, parents and legal guardians may preserve the credit of their minor identity theft by placing a security freeze on it, as reported by The Oregonian. The security freeze prevents anyone, including identity thieves to open an account credit or loan with personal information of the child.
There are two steps that parents or guardians are required to take in order to preserve the credit of their child. The first is to contact all three credit bureaus - Equifax, TransUnion and Experian - and asked to create a protected folder for their child. This step is free for parents or guardians. Once the protected documents are created, the parent or guardian should contact each office again to place fraud security. This step costs $ 10 per office, which will cost a total of $ 30.
The security freeze will remain in place until the child reaches the age of 18. Once the child turns 18, they can remove the protected registration and start building their credit. The protected folder can be used for background checks, but it can not be used for credit decisions, such as a credit check for the apartment rental.
Having the ability to place a fraud security on the credit of a minor is a big step towards the protection of the identity of the child, especially since every one to 40 households with minor children is affected by identity theft, according to 2012 child identity theft Assistance Center identity theft fraud Report, which was conducted by Javelin Strategy & Research. And, given that the State Beaver is classified by the Federal Trade Commission the highest state 14 for fraud and other related crimes, this is a concrete step taken to protect its inhabitants. Hopefully hands on tactics against the Oregon identity theft will inspire other states to take measures to protect its people against identity theft.
Fortunately, if you are not an Oregonian and want to protect the identity of your child, then there are still options for you. Three of our identity theft protection services examined - Identity Guard, LifeLock and TrustedID. offer protection against identity theft for minors at a low monthly cost.
One of our protection service identity theft against top-rated, Identity Guard, proposed a plan called KID Sure that allows you to add a minor to join an existing adult for only $ 5 / month. Read our full review of Identity Guard to learn more about the Sure KID program.
Our other top-rated services, TrustedID offers a family plan that protects an unlimited number of people living at the same address for $ 18 / month (when paid annually) or $ 25.19 / month (when paid from month to month). This plan protects an unlimited number of people living at the same address. Visit our TrustedID full review to learn more about the family plan.
The protection service against the final identity theft for children is called LifeLock junior, which is provided by LifeLock. This plan allows you to add a minor to join an existing adult for $ 5.09 / month or $ 56.09 / year. Read our full review of LifeLock LifeLock learn more about Junior.