In the mail yesterday, we got letters from the insurance company addressed to each of the kids. After I opened them, I recognized them as letters that I got a few weeks ago that came to me and G-man. The insurance company was involved in a very large security breach and is offering free credit monitoring for 2 years. I was aware of all of this.
But since the letters were addressed to the kids...it made me stop and think. Maybe we should sign up for credit monitoring for the kids.
I am not savvy in the ways of the illegal. I would have thought that if someone tried to open a credit card in the name of one of the kids, that the birthdate would kick it out of the system. Maybe not. Maybe you change the birthday? No idea.
Obviously there is a way to use a name and SSN illegally. But the kids have no need for credit, so I haven't thought about it. But now that they are going on 13, it is only a few years away before we will be applying to college, having jobs, being more grown-up. I don't want any surprises.
That would be horrible to find out that someone used their identity when they were young and that at 18 their credit is wrecked and we have to work to get it cleaned up....all through no fault of their own.
So G-man and will discuss it, but most likely we will sign them up for the monitoring. Just in case. I doubt we would carry it further than the 2 years that are available for free, but that is 2 years away....so who knows.
Anyone use a credit monitoring service? Anyone use it for their kids?