Children's Social Security numbers are used by identity thieves to apply for government benefits and tax refunds, open bank and credit card accounts, apply for a loan or utility service, or rent a place to live. Congress should act now!
Washington, D.C. (PRWEB) October 11, 2014
SubscriberWise®, a leading provider of analytics-driven subscriber decision management technology and the nation's largest issuing consumer reporting agency for the communications industry, announced today that the company founder is asking the President of the United States to leverage his Office and his persuasive power to help advance a proposed legislative initiative that would dramatically reduce child identity theft.
Read the latest news that exposes the State of Ohio’s failure to advocate and protect a 14-year-old child: http://www.enhancedonlinenews.com/news/eon/20141010005495/en/SubscriberWise/Child-Identity-Theft/Social-Security
“Today I am respectfully asking the President of the United States to give careful consideration and attention to this urgent child safety initiative,” said David Howe, president of SubscriberWise. “I’m requesting President Obama’s help passing a child safety law that is focused on protecting a minor’s social security number through technology solutions and educational initiatives.”
“I will also use this opportunity to advise Mr. Obama and the First Lady that their daughters may be vulnerable to identity thieves, just like children who are exploited every day in this country,” continued Howe. “But unlike the Obama children and the children of resourceful and powerful women and men, the overwhelming majority of children who become victims of this under-reported and rarely-prosecuted crime, they almost never have a voice or advocacy. These children suffer the consequences alone,” emphasized Howe.
“The police, the prosecutors, the national credit bureaus, business and creditors - none of these organizations is initially aware that a social security number submitted with a credit application or presented to law-enforcement may belong to a living minor child. That's inexcusable," declared Howe.
"And if it's ever confirmed that a child’s identity was stolen, it’s often too late," argued Howe.
“Over the course of an entire decade, I’ve engaged and educated hundreds of child identity thieves. Contrary to FTC publication on child identity theft, it’s almost always the parent, guardian, or relative of the minor who perpetrates the crime,” explained Howe. "It’s rarely a random thief who just happened upon the child’s personal information.”
“It’s obvious to me from many years’ experience that we as a nation are not doing enough to manage this problem,” insisted Howe. “I’m convinced that Congress - and President Obama - must immediately focus their time and resources to help minimize this problem.”
"As the founder of a national Issuing CRA and a witness to technology solutions, it’s my strong position that a child-SSN index, along with a federal educational initiative, is critical to impacting this problem,” Howe concluded.
About David Howe and SubscriberWise
David Howe is a consultant and credit manager for MCTV (http://www.mctvohio.com). During his 18-year career at MCTV, Howe has reviewed more than 50,000 credit submissions. His interest in credit began in 1986 while a 17-year old student in high school.
Howe is the only known individual – living or deceased – to have obtained simultaneous perfect FICO 850 scores across every national credit bureau. Howe has also obtained multiple perfect Vantage 990 scores. Howe has obtained FICO Professional Certification and is also the first and only citizen of the world to describe and report the details of the perfect FICO score to a U.S. reporter.
Howe produced and published two videos on the subject of perfect credit: FICO 850 Credit Report Facts and FICO Scores: The Facts. The first general-purpose FICO scores were debuted nearly a quarter century ago.
SubscriberWise® launched as the first U.S. issuing consumer reporting agency exclusively for the cable industry in 2006. In 2009, SubscriberWise and TransUnion announced a joint marketing agreement for the benefit of America's independent cable operators. Today SubscriberWise is a risk management preferred-solutions provider for the National Cable Television Cooperative.
SubscriberWise contributions to the communications industry are today quantified in the tens of millions of dollars annually.
SubscriberWise is a U.S.A. federally registered trademark of the SubscriberWise Limited Liability Co.
David E. Howe, +1 330-880-4848 Ext: 137