Mother's fraud ruins daughter's credit score, highlighting rise in child identity theft.

Axton Betz-Hamilton found her credit score destroyed by fraudulent entries dating back to 1993, which were committed by her mother. This incident highlights a growing issue of child identity theft in the U.S., where one in 50 children are affected annually, often by family members in financial distress. The theft can severely damage a child’s credit score, making future financial transactions difficult.

November 28, 2024
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