Credit Plus, Inc. Introduces a New FraudPlus ID Feature Delivering Instant, Automated Identity Validation on Credit Reports
September 15, 2015
Credit Plus, a provider of intelligent insight for mortgage professionals, announced today a new feature that can be added to its credit reports to help validate a borrower’s name, address, date of birth, Social Security number and phone number. In addition, FraudPlus ID goes even further and reviews the borrower’s data against the Industry Standard Exclusionary Watch lists.
For just a minimal fee on each credit report, lenders will get a clear picture of their borrowers. They'll also realize greater cost savings for those pre-qualifications who don't qaualify for a complete FraudPlus report. In addition, the feature can be turned on for every credit report thereby ensuring identity validation is always ordered.
“This new feature enhances FraudPlus by taking identity validation to the next level,” said Greg Holmes, National Director of Sales and Marketing at Credit Plus. “By ensuring borrowers are who they say they are, lenders will have greater peace of mind that their risk of fraud has been minimized,” he added.
About Credit Plus, Inc.
Credit Plus, Inc. provides intelligent insight to mortgage professionals so they can make smart lending decisions. Headquartered in Salisbury, Md., the company is a third-party verifications specialist offering more than 160 products and services for mortgage professionals, including credit reports, scoring tools, Deposit and Asset Verifications, Employment Verifications, Tax Return Verifications, fraud prevention tools, Undisclosed Debt Verifications, flood reports, appraisals, and more. Its expertise in the mortgage industry enables it to quickly assess current and future needs, and provide new solutions for a rapidly changing environment. Credit Plus moves mortgage professionals forward.
For more information, please call Credit Plus at (800) 258-3488, e-mail firstname.lastname@example.org or visit the company’s website at www.creditplus.com.