by: Marco Chase

Often we see loving parents that are very nurturing, siblings who are protective of one another and each respectively cherishes family moments together.  When I went to look at my credit report for the first time I was shocked.  At age 7, I amassed $1,500+ in utility bills, 11 a car note I knew nothing about and finally by 15 a palatial estate totaling $96,000 located in Charlestown, WV.  You may be wondering why it’s hard for you to achieve these events and you are an early/middle aged adult.  But you know what I do have a great score 632, I must say.  But how did I get these things I don’t have now!

Usually due to a fading economy, job losses, uneducated spending choices and the like have lead friends, parents, siblings and other family members to do the unthinkable, identity fraud.  In the wake of changing times there is a new phenomenon evolving in families.  You may find this unbelievable but many new high school graduates have first-hand accounts of credit identity theft by of all people your family.

As consumers encourage your legislators and local and state representatives to establish laws to protect our youth from financial and identity fraud of any type.  It seems apparent that many established agencies [i.e., credit reporting agencies, federal agencies/departments, etc.] are not in the business of prevention.  Identity theft must occur first before it can be protected! Contact your political leaders now and request preventative measures be put in place to avoid the nightmare that current victims continually experience.