Fraud Alerts - 3

Fraud Alerts - 3

http://www.freeannualcreditreportnow.com/

Fraud alerts are rightfully considered a "red flag" by financial institutions and other creditors covered under the recently enacted Identity Theft Red Flags Rule regulation. The presence of a fraud alert on your credit file triggers a requirement for financial institutions and creditors governed by the regulation to take reasonable steps to confirm your (or the applicant’s), identity; and also to resolve any reported address discrepancy, prior to opening an account or conducting business with them, if the account opening, approval process, or transaction involves a review of your credit report.