Identity theft is a reality in the world today. We have partnered with a TransUnion branded Identity theft recovery program where the benefits are provided through and by TransUnion. The TransUnion backing makes it a very powerful sell in the finance office.

If a consumer’s identity is compromised protection includes recovery and restoration services to help bring the consumer recover any damage. Protection works by creating fraud alerts in all three credit bureau files. Fraud alerts notify potential credit grantors that, by Federal law, they must verify consumer identification before extending credit.

When any creditor attempts to open new account using the consumer identity, the consumer is contacted in real time and can either stop the account from being opened or enter a four digit PIN to authorize the creation of the new account. If the automated system is unable to contact the consumer, the new account request is halted and placed in pending state until the consumer either accepts or rejects the new account request.

Prevent it, don’t fix it!