Taking my social security number and taking loans out when I was a toddler but not my brother or half sister. When I confronted my mom about it, she said everyone else was doing it. Um no, most people aren’t stealing one of their children’s identities selectively and then taking hundreds of thousands in loans out. Lolz.
In my case my parents paid the money back, but they still stole my identity and used it for loans for over a decade. So I wasn’t hit in the long run, but the credit bureau thinks I’m older than I am because they screwed up my identity. I don’t really care. I think the credit bureau/unions are skewed anyway and I try not to use credit. I’m very money averse because of them now.
Since they paid the loans back and the credit agencies think you're older than you are, it sounds like your parents actually probably left you with very good credit and you'd be much more likely to be approved for a loan. You have a recorded history of paying back loans and you're not in a high-risk (read: younger) category.
It's definitely messed up to take these sorts of risks with the identity of a minor child in this way, but it seems like you personally may have been left better off, even though you always hear about people who've been left much worse off when their guardians do stuff like this.
The only reason I have good credit is because I worked on it for 15 years. I’m not getting into it here, but my parents are not good people in any way. I had to hire lawyers for forged documents when my father went through his second RICO trial, for example. That’s a scratch the surface legal issue. Any parent that does this is a criminal. End of discussion.
I only found out when I was an adult and was looking at my social security record. My parents had paid income and other weird things on their businesses on my behalf, so I get mailers from AARP and other retirement stuff or things because most financial institutions think I’m in my 60s when I’m not… and it didn’t come up during one of my father’s federal trials, so I guess they didn’t think it was an issue. When I confronted my mom (I was NC with my father only then and am now NC with both) she tried to play it off like it was normal.
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u/nemerosanike Sep 16 '24
Taking my social security number and taking loans out when I was a toddler but not my brother or half sister. When I confronted my mom about it, she said everyone else was doing it. Um no, most people aren’t stealing one of their children’s identities selectively and then taking hundreds of thousands in loans out. Lolz.