sazzadodk's avatarThe New Target of Identity Theft

In recent days and months, there have been numerous cases of identity theft. These cases have been discovered during times of marriage applications and other enormous financial investments. What is not so obvious to the consumer public is that children have credit and are also victims of identity theft.

This situation became real in the life of Olivia McNamara, a freshman at Vanderbilt University who applied for a credit card in order to start her journey as a young adult. Unfortunately, she was declined—twice. Finally, her instincts kicked in and she decided to do some researching on her own to find out the problem with her credit. The result? Someone had stolen her identity and credit when she was 9 years old and racked up $1.5 million in debt. The credit thief also created 42 accounts with her identity.

Olivia is not alone. Eleven-year-old Brianna and eight-year-old Bradley have also…

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