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Children in foster care are at greater risk of becoming victims of identity theft and entering adulthood with their credit already in shambles, experts say.
The Federal Trade Commission (FTC)
Every year, more than 26,000 kids in the United States age out of foster care. Remember how difficult it was to navigate through the world when you were 18? Now imagine you had to do it with nearly no support system – and with a mountain of debt in your name, thanks to identity theft.
A resource (report) from the Annie E. Casey Foundation
Young people in foster care are at heightened risk of identity theft
The federal credit check requirement is intended to help young people leave foster care with clear credit histories.