Prevent and Detect Consumer Identity Theft
IDPlus – The Red Flags Rule requires that mortgage professionals prevent and detect instances of consumer identity theft. IDPlus, an innovative and easy-to-use product from Credit Plus, checks critical consumer application information and lets you know immediately if something appears to be wrong.
The Fair and Accurate Credit Transactions Act of 2003 (FACTA), sections 114 and 315, mandates that you be aware of:
- Alerts, notifications or warnings from a consumer reporting agency
- Suspicious documents or personally identifying information
- Unusual or suspicious activity on an account
- Notices from customers, victims of identity theft, or law enforcement authorities
IDPlus gathers and summarizes relevant alerts including:
- Fraud alerts
- Active duty alerts
- Credit freeze alerts
- Social Security alerts
- Address alerts
- Other alerts
The report summarizes information in a convenient, easy-to-read format.
Ready to Take the Next Step?
Contact us to request a product demo or pricing information on IDPlus from your Regional Account Executive.
Click image to download flier: