Thursday, May 3, 2012

AllClear ID Rolls Out First-Ever Social Security Number Blocking Service For Children?s IDs

allclearidID and fraud protection service AllClear ID, is launching a new feature today which aims to protect kids' Social Security Numbers (SSNs) from being stolen and used to secure things like mortgages, loans and other big ticket items. It's a major problem, the company says, noting in a new study that 10.7% of children have had their ID stolen. The idea with the new service is to create the equivalent of the "Do Not Call" list for children's SSNs. Once on the list, if any criminal tries to use the kid's ID for any reason - even just a credit check - credit reporting agency TransUnion will immediately flag and block the ID's use. Oh, and the best part? It's free.

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