New NC law will let parents put security freeze on child’s credit report
WECT in North Carolina is reporting on a new law in NC that might become a model for other states when it comes to protecting children from identity theft:
Parents in North Carolina will soon be able to help protect their children from identity theft.
A new bill that takes effect January 1, 2016 will allow parents and guardians the ability to freeze the credit reports of all children under 16 years of age.
According to the NC Department of Justice, major credit bureaus have said they could not freeze credit reports for minors in the past who had not yet established any credit. The new law, however, requires credit bureaus to create and freeze a child’s credit report upon request of a parent or guardian.
Read more on WECT.