Tuesday, January 01, 2013

Maryland invokes strongest law in nation giving parents ability to proctect kids' credit histories

Maryland has passed a law, effective January 1, 2013, that allows parents to freeze the credit histories of minor children even when they do not yet have an existing report.  Previously, a freeze could happen only when there was an existing report.  There is a fee unless the minor has already been the victim of identity theft.  This is the strongest law in the nation right now protecting the credit records of minors or preventing access to records of those that purport to be the same minors.
The Aberdeen Patch has a story here.

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