Credit history report Milwaukee

Child Credit Report - Are You Guarding Your Child's Credit Report and Scores? Posted: Sept 2, 2010 You may be saying What, my child has a credit report?. And the answer is yes they may have a credit report and score. One of the most common ways for your child to build a credit report is you, the parents. When you add credit history report Milwaukee your child as an authorized user credit history report Milwaukee on your credit accounts, like credit cards, the lender will then report the credit activity for both you and your child, thereby establishing a credit report for your minor child. free credit report fair credit reporting act

If you are very creditworthy, this can be good for your child. If you are not, then you may be damageing your child's future use of credit. A more serious problem when it comes to a child's credit report and scores is identity theft. Predators and scammers may get access to your child's social security number and use it illegally for years without you or your child knowing it if you don't check your child's credit report on a frequent basis. free online credit report no credit card required Recently the Better Business Bureau of Southern Arizona warned consumers to steer clear of a new scam involving credit history report Milwaukee those that promise to improve consumers' credit scores using a CPN (credit protection number). They reported that scammers credit history report Milwaukee often get the numbers by finding dormant Social Security numbers via the computer; often those assigned to children.

These SSN numbers are sold to people who establish phony credit and run up huge debts that they will never pay off. credit card fraud protection