Fraud Prevention Tools

VERIFY IDENTITY AND PREvENT FRAUD

Detecting potential fraud at time of application
Financial losses stemming from application fraud can have a substantial effect on your organization’s profitability. CCI delivers powerful fraud checks from any or all three credit bureaus using borrower name, address and SSN provided at the time of inquiry. SSN validation and date of issuance as well as cautious and high-risk addresses are flagged up front giving you ample time to investigate and avoid potentially fraudulent loan applications.

Additionally, CCI can generate a periodic Fraud Alert Report that details the results of fraud checks performed on each credit report run by your company.

USA Patriot Act Compliance
Office of Foreign Asset Control (OFAC) searches are easily provided at the time of inquiry. Names are referenced against OFAC’s list of Specially Designated Nationals and Blocked Persons allowing you to effectively comply with regulations under the Patriot Act.