Fraud Shield Indicator Guide - BCI

1 Fraud Shield Indicator GuideExperian600 City Parkway WestOrange, CA 92868800 854 Experian Information Solutions, Rights Reserved 19991224/171107/1999 Fraud Shield Indicator01 Inquiry/onfile currentaddress conflict02 Inquiry address firstreported <90 days03 Inquiry current address not onfile04 Inquiry SSN has not been issued05 Inquiry SSN recorded as deceased06 Inquiry age younger than SSN issue date07 Credit established before age 1808 Credit established prior toSSN issue date09 More than 3 inquiries inthe last 30 days10 Inquiry address:High RiskWhat Does it Mean?The address used on the inquiry isdifferent than the address Experianhas as the consumer s best, mostcurrent address used on inquiry wasfirst reported for the consumerwithin the last 90 daysThe inquiry address does not matchan address File One has for thisconsumerThe SSN on the inquiry has notbeen issued by the Social SecurityAdministration (SSA)

2 SSA reports death benefits arebeing paid on the SSN used oninquiryThe age used on the inquiry isyounger than the SSN issue datePossible case of identity theftConsumer established credit beforethe age of 18 Possible identity theft with DOBC onsumer s first trade was openedprior to the SSN issue dateMore than 3 inquiries have beenposted to the consumer s profilewithin the last 30 daysInquiry address is a businessaddress having a potential forfraudulent activitySuggested Course of ActionVerify input addressContact consumer using application informationUse CheckPoint to further verify consumer s informationVerify input addressContact consumer using application informationUse CheckPoint to further verify consumer s informationVerify input addressContact consumer to verify addressUse CheckPoint to further verify consumer s informationVerify applicant SSNC ontact consumer using application informationUse CheckPoint to verify further consumerVerify applicant SSNV erify survivor of consumer is not using SSN ofdeceasedAsk for a copy of another form of identification ( DL, credit card #)

3 Use CheckPoint to further verify consumerVerify consumer s ageAsk for a copy of the consumer s SSN cardVerify consumer s ageAsk for a copy of the consumer s SSN cardVerify consumer s ageAsk consumer for a copy of SSN cardAsk for a copy of another form of identificationContact consumer and verify they are shopping for credit or serviceUse CheckPoint to further verify consumerVerify consumer s addressContact consumer using application informationUse CheckPoint to further verify addressFraud Shield Indicator Guide11 Inquiry address:Non-residential12 Security statement present on report13 High probability SSNbelongs to another14 Inquiry SSN format isinvalid15 Inquiry address: Cautious16 Onfile address:High Risk17 Onfile address:Non-residential18 Onfile address: Cautious19 Current address reportedby new trade only20 Current address reportedby trade open <90 days21 Telephone # inconsistentwith address22 Drivers license # inconsistent with onfileThe inquiry address is a businessaddressThis consumer has been reported as afraud victimAccording to File One.

4 The SSN usedon the application if more closely associated to another consumerThe SSN provided is not a valid number as reported by the SSAF raud has been perpetrated at theinquiry address One of the consumer s onfile addressesis a business address having a potentialfor fraudulent activityOne of the consumer s onfile addressesis a businessFraud has been perpetrated at one ofthe consumer s onfile addresses The consumer s current address on thecredit report has only been reported bythe most recently opened tradeThe consumer s current address hasbeen reported by a trade opened within the last 90 daysNew accounts can be an indication ofidentity theftTelephone number used on inquirydoesn t correlate to the consumer s current addressDrivers license number used oninquiry doesn t match consumer s drivers license number onfileVerify consumer s addressContact consumer using application informationUse CheckPoint to further verify addressVerify consumerContact consumer and verify they are shopping for credit or serviceVerify accuracy of inputLook for Fraud Shield indicators 04, 05, 06.

5 14 Ask consumer for copy of SSN cardVerify accuracy of SSNAsk consumer for copy of SSN cardVerify consumer s addressContact consumer using application informationVerify consumer s addressContact consumer using application informationUse CheckPoint to further verify addressVerify consumer s addressContact consumer using application informationUse CheckPoint to further verify addressVerify consumer s addressContact consumer using application informationVerify consumer s addressContact consumer to verify applicationVerify consumer s addressContact consumer to verify applicationUse CheckPoint to further verify address and phone numberContact consumer to verify application addressUse CheckPoint to verify phone numberAsk consumer for a copy of driver s licenseVerify accuracy of drivers license #Use CheckPoint to further verify license numberFraud Shield IndicatorWhat Does it Mean?

6 Suggest Course of Actio