To open a credit account in someone's name means to establish an account that allows them to borrow money or obtain goods and services on credit.
Full definition
It allows no one, not even you, to
open a credit account in your name.
If an identity thief is
opening credit accounts in your name, these accounts are likely to show up on your credit report.
When you or someone else attempts to
open a credit account in your name, increase the credit limit on an existing account, or obtain a new card on an existing account, the lender should takes steps to verify that you have authorized the request.
In addition, the rise of identity theft also calls for more frequent review of your credit report to make sure no one has
opened credit accounts in your name.
Some phishing scams ask for all of your personal information (SSN, mother's maiden name, date of birth, etc) so that they can steal your identity and
open credit accounts in your name.
This is a service that will notify you if anyone attempts to
open a credit account in your name.
Additional identification is required if someone attempts to
open a credit account in your name, as well.