What’s Behind Ads for a New Credit Identity? It Could Be ID Theft Involving Children’s Social Security Numbers

If your credit is less than golden, you’ve probably seen pitches from companies promising a fresh start. Some claim you can get a “new credit identity” by applying for credit with a nine-digit number they sell you, rather than with your own Social Security number that you’ve used for years.

The Federal Trade Commission says don’t take the bait. The scheme often involves Social Security numbers stolen from children. Not only won’t you get credit, but you could face fines or prison. Click this link for more information: http://www.ftc.gov/bcp/edu/pubs/consumer/c...