<prompt> Human: Hello, im a college student and recently applied for a credit card at my bank. However, today I received a letter in the mail stating a was not approved for a credit card because I had delinquent activities towards my bank. Ive never taken out a credit card before so that only leaves my parents who would know all of my information to take out loans. After confronting them they admitted to having taken loans out in my name and never paying them back but said they would be willing to help me in recovering my credit.How do I fix my credit and is there a way of doing that without pointing fingers at my parents and causing them trouble?Thank you EDIT: Thank you all for you words of advice Please note that I love my parents very much, they have helped me in every possible aspect of my being, and I still depend on them on a daily basis. While I understand what they did is illegal and has screwed me over I do not plan on throwing them under the bus like they did to me. After speaking to them they seemed very remorseful and admitted to not being in an economically stable position and were pulling at straws. The situation makes me mad that the only reason I found out was because of I wanted a credit card and not by their own words. Fortunately, they agreed to pay whatever they owe back and to build up my credit. While this may sound stupid I subtly hinted I do want to resort to getting the authorities involved. We will be looking into fixing my credit, it was at a 670 according to the letter my bank sent me so hopefully it isnt so bad. Again, thank you all for your advice.  <response>: Do you have any siblings? If so, you should encourage them to check their credit annualcreditreport.com is the real site to see if your parents committed fraud by using their identities as well.Also, just a heads-up: many folks in this thread are encouraging you to report your parents for fraud. I agree. If you search this sub and other financial forums on the internet, theres a common theme for people who dont report this sort of thing: the criminal in question does it again. If they do it to you again, you either report it or enter a never-ending cycle of them taking money in your name, whenever they want it, for whatever reason they want it. If they do it to someone else, then you also get to live with the guilt that you enabled them to do it.Sorry to seem like Im dropping that on you: you seem like a nice fellow in a bad situation. But you really need to consider reporting the crime. 