Liliha - Kapalama, Hawaii
1138 North King Street
Honolulu, HI 96817
(808) 832-8700

Protect Your Child From Identity Theft October 30, 2017

Liliha - Kapalama, Honolulu
Protect Your Child From Identity Theft, Honolulu, Hawaii

Your son receives a pre-approval letter for a credit card. You get notices from the IRS that your 12 year-old child hasn’t paid his taxes. Or you bring your daughter to the credit union to open her first savings account and are denied because they say she has a record of bad checks.

These are warning signs for child identity theft. Most people know that they could be a victim of a breach, but not everyone realizes that this can happen to your children.

Identity theft can interfere with everything like college, jobs, buying a car, or getting that first mortgage. So it's important for you to understand how to protect your children from this identity theft.

Kids have no credit history. They’re not even old enough to get their own credit card. However, being under 18 is not a problem for opening new accounts. Credit bureaus don’t know the age of the applicant.

The crime can go undetected for years since no one usually thinks to check a child's credit report. The first time you might discover it is when your child is applying for a loan for college or even when looking for their first job.

How does your child's info get out there?

Anyone with access to your child's Social Security number and date of birth can apply for accounts and services in their name. There are a number of ways scammers can get their hands on those vital digits:

  • Paperwork: Sensitive information is usually written on forms for school and/or team sports. It’s seen by the school staff and if they aren’t shredded properly, thieves will find them in recycling bins. Be careful what your write on these forms. Ask if you can leave your child’s social security number blank.
  • Hacking: In 2016 and so far in 2017, healthcare is a lucrative target for hackers. Millions of children’s records could possibly be compromised. There’s really nothing you can do to prevent a breach. However, if you are compromised, take advantage of any credit monitoring services they offer.
  • Friends and family: Unfortunately and disturbingly, the person who steals a child’s identity is often a close friend or even a relative.


What should you do if your child's identity is stolen?

Follow these tips from the Federal Trade Commission and other experts:

  • File a police report and report the crime to the FTC at
  • Contact the three major credit bureaus to request your credit reports (you can access all three credit reports via Ask each bureau to remove any fraudulent accounts. Then freeze your credit so no new accounts can be opened.
  • Contact the appropriate creditor to explain that the fraudulent account was opened in a minor's name.
  • Consider paying for a credit monitoring service.

Visit the FTC's Identity Theft Resource site for more help.

With hundreds of millions of dollars in assets and over 50,000 members across Hawaii, Hawaiian Tel Federal Credit Union is one of the leading financial institutions in the state, with a reputation for combining personalized service with technologically advanced personal banking solutions. Learn more about their broad array of services online, follow their FacebookTwitter, and Instagram for news and updates, or call the credit union at 832-8700 on Oahu or toll-free at (800) 272-5255 with any questions. 

Other Announcements, Events and Deals from Hawaiian Financial Federal Credit Union
3 Savvy Ways to Use Your Tax Refund to Improve Your Line of Credit, Honolulu, Hawaii
You’re expecting a significant tax refund this year. It may be tempting to splurge it all. But if you’ve been thinking about buying a first home or financing a car, those extra more
3 Ways to Lower Your Mortgage Rate, Honolulu, Hawaii
Homeownership is a dream of many people. However, this dream comes with the reality of a monthly mortgage payment, including interest. Keeping mortgage rates manageable will more
5 Post-Holidays Budget Tips, Honolulu, Hawaii
The holidays are a period of gift-buying, travel expenses, and time off work, so it’s easy to spend more than you earn. The best New Year’s resolution you can make is to straighten more
3 Ways to Save for Your Child's College Education, Honolulu, Hawaii
Just about every parent wants to send their child to college, but higher education is incredibly expensive. In fact, the average cost for one year of school is over $26,000 — up 34%& more
3 Situations That Call for a Personal Loan, Honolulu, Hawaii
Personal loans can increase your buying power. In the long run, taking out a loan can actually save money and may even help you secure additional credit in the future. Below more