DANNIKA LEWIS, Reporting: 2938 Parents have enough
to worry about with their kids at daycare all day,
but what about a mortage or a loan taken out in your
chlid's name? It happens, and tonight, we tell you
all about it.
-- MICHELLE --
I'M MICHELLE LI.
WELCOME TO THIS LATE EDITION OF NEWS THREE AT TEN.
WE START TONIGHT WITH A WORD OF WARNING FOR PARENTS...
WE KNOW YOU WORRY ABOUT YOUR KIDS.
BUT DID YOU EVER THINK TO WORRY ABOUT THEIR CREDIT
DANNIKA LEWIS IS ON YOUR SIDE WITH A WAY YOU CAN PROTECT
YOUR CHILD FROM IDENTITY THEFT.
DANNIKA LEWIS, Reporting: 2716 Kids should be worried
about coloring, not their credit scores.
And while only 2 1/2% of parents nationwide have to
deal with their kids' identity being stolen, a new
law in Wisconsin wants to make sure people in this
state never have to go through that.
NATS - 2130 Should we go outside? Should we put
out coat on? 33
SEAN SENNOTT'S FOUR-YEAR-OLD IS STILL WORKING ON ONE,
TWO, AND THREE.
BUT HER SOCIAL SECURITY NUMBER?
SEAN SENNOTT, Parent: 2013 Would have no idea.
Probably offer her phone number.
ANOTHER NUMBER SHE DOESN'T KNOW.
ONE SENNOTT WILL START TO WATCH CLOSELY...
NATS - 2147 Here sweetie.
OR 2155 There we go.
HER CREDIT SCORE.
SEAN SENNOTT, Parent: 1804 My wife and I do check
I would have never thought in a million years to check
IDENTITY THIEVES ARE TARGETING KIDS MORE THAN EVER...
THEIR CREDIT IS A CLEAN SLATE...
AND CROOKS CAN RACK UP YEARS OF DEBT.
WITHOUT ANYONE KNOWING.
SANDY CHALMERS, DATCP: 1329 Makes it really easy
SANDY CHALMERS WITH THE STATE CONSUMER PROTECTION
SAYS CRIMINALS SET UP LOANS UNDER A KID'S SOCIAL SECURITY
OPEN CREDIT CARDS.
MAYBE TAKE OUT A MORTGAGE.
OR FILE A TAX RETURN.
SANDY CHALMERS, DATCP: 0600 For a child to have
a credit report with those things listed would be
USUALLY A FAMILY WON'T FIND OUT UNTIL THESE TOTS BECOME
WISCONSIN IS ONE OF JUST A HANDFUL OF STATES WHERE
PARENTS CAN PREVENT IT.
FOR JUST 10 DOLLARS...
THEY CAN FREEZE THEIR CHILD'S CREDIT REPORT.
UNTIL IT'S ACTUALLY TIME TO BUILD UP A SCORE.
SANDY CHALMERS, DATCP: 1507 It's so important that
they understand that there's something proactive that
they can do here, and they have a right under Wisconsin
law, that not many other parents have in other states
in the country.
SEAN SENNOTT, Parent: 2212 That would be very naughty!
That would be naughty to buy a house or a car without
asking mommy and daddy first, right? 19
A LESSON FOR HIS LITTLE GIRL.
AND TEN DOLLARS.
THAT'S A NUMBER SENNOTT CAN COUNT ON.
SEAN SENNOTT, Parent: 1851 Absolutely.
Would do it without question.
2316 NATS - door opens
DANNIKA LEWIS, Reporting: 2837 Uncatchable crooks
is one thing, but sometimes, it's the parents stealing
their own child's identity that does the most damage
because once that kid turns 16 or 18 and realizes
the damage is done, they're more hesitant to turn
that person in.
For WISC News 3, I'm Dannika Lewis.
-- MICHELLE --
YOU CAN CREATE AND FREEZE YOUR CHILD'S CREDIT REPORT.
THROUGH ANY OF THE THREE MAJOR CREDIT BUREAUS.
THE PROCESS IS A LITTLE LONGER TO PROTECT A CHILD.
BUT THE CONSUMER PROTECTION FOLKS SAY IT'S WELL WORTH
THE FEW EXTRA STEPS.