Using someone else's identity to get credit
The use of someone else's name and identity to obtain credit is an obvious no-no. But suppose -- and Kaplan said she had heard tales of such situations -- a parent whose credit has been ruined uses a child's name and identity to open new credit accounts. Illegal? You bet.
"It's illegal to pose as someone else," Kaplan said, "but there is also a moral question: Do you want to punish your child and wreck their credit as well?"