ID Fraud Protection: Loophole to get it free discussion

edtheduck_2

Thanks everyone - I think I will contact the Guardian and ask them to pay for my CIFAS registration.
I like the idea of the thumbprint, but it may cause me future hassle. But I suppose i have to weigh up how seriously i believe that someone may try to make credit applications using my identity.....not sure what i think really.
In my naivity i think och no, i am in Northern Ireland, I'm sure i'll be ok, but on the other hand, maybe i may be their ideal candidate. Will let you know what comes of anything. Thanks again for all your advice/suggestions.

gemma1986

Cyberghost wrote: »

Can anyone tell me why ID Fraud is the problem of the person and not of the company who were defrauded?

With all the personal data being lost by the government and companies (just had a letter from my bank!), and all of the letters coming through my door saying just sign here for a new credit card/loan etc., surely if the problem was made the company who give out the money, ID Fraudsters would find it harder to defraud???

Just my two pence :cool:

Because according to the law the company is the victim and not you.

gemma1986

CIFAS will not protect you 100 percent protect you from ID Fraud neither will a thumbprint or password NOC simply because there are some companies who don't credit check you and of course charge v high interest rates!

gemma1986

James wrote: »

The Credit Reference Agencies (CRA's) do not hold a copy of your print on their files. The only copy they would have is if you submit your print on your original Notice of Correction letter to them.

The CRA's should never need to compare your print. The NOC is only a vehicle to inform lenders that they require a print on application form.

The lender does not request you to submit a print. They only have to check that any application they receive from someone signed up for Thumbprinting, has a Thumbprint on the application. No print - no credit or loan.


The only time an application form would ever be examined is if fraud was committed against a genuine person.

The Thumbprint System achieves the following.

First of all it provides an indication and warning to lenders that an application maybe fraudulent. i.e. a lender receives a paper application without a print.

By forcing crooks to submit their print it acts as a proactive deterrent.

If a crook does decide to 'chance their hand' and submit a print, then this provides Law Enforcement Agencies with forensic evidence - the crooks print on the original application form. (No hardware or software requirements for lenders. In fact it's a 'no cost' system for them).

It's also a sure fire way of proving you weren't the person who submitted the application, thus clearing your good name.

Hope this explains things further.

Thats vey true and is a very good way to deter fraudsters! However, adding a password notice of correction is much simpler. Lenders will simply ask for the password...no password no credit :beer:

James

gemma1986 wrote: »

Thats vey true and is a very good way to deter fraudsters! However, adding a password notice of correction is much simpler. Lenders will simply ask for the password...no password no credit :beer:

If a lender knows your password, so will everyone else who views your credit file.

the1chints

i just found out someone has opened a capital one card in my name. i have not received a card from them but there is a debt of nearly £1500

i have phoned capital 1 and they have advised me to contact my local police.

does anyone know what will be happening after i make this report?

and if they can catch who made this application?

i am in the UK

James

Advice you should take the time to report this to Action Fraud (Click here). This is what they say:

"We’re the UK’s national fraud reporting centre. If you’ve been scammed, ripped off or conned, there is something you can do about it - get in touch with us."

It's a free phone number and they should be able to supply you with the answers to the questions you've asked.

Money Saving Tip: (And something you should consider now)

Advice on MSE on this Topic:

Regularly check your credit reference files.

If someone is making false applications for credit in your name it will appear on your credit reference files. You should check these at least once a year.

Comment: Checking your Credit Files with the 3 Agencies will cost you £6 per year, plust postage. To tell you what? That someone has applied for something using your personal details.

Why not protect your Credit Files and take control. Check out the new updated www.freeidprotection.co.uk website.

ardchattanruse

I phoned Tesco today to confirm receipt of my credit card & also got their spiel about identity fraud. When I was able to say what Identity fraud was & that I shredded my information she then asked if I realised I could be held financially responsible for any fraud carried out in my name. So I asked her how many people had been held resposible for this type of fraud. Her first reply was that 275 people are victims of identity fraud each day - when I pushed her to answer my question, eventually her response was that as they could only give me factual information and as the number involved changes every day she wasn't able to provide me with that information. I did suggest that she could give me the figure for last year, but she still insisted that wasn't possible. To be fair to her I think even she realised it was a very lame excuse. Needless to say I declined her offer of identity theft protection. And then consulted MSE to check whether I should lok for protection elsewhere - I'm glad I didn't spend £80 unnecessarily!!:)

ColinFishwick

Offers4all :spam: :spam: :spam: 4 posts all same

lisyloo

I have signed up for the following service using the code DTELOFFER (telegraph).

http://www.telegraph.co.uk/sponsored/finance/identity-protection/8647569/Experian-Free-Identity-Protection-for-six-months-offer-terms-and-conditions.html

It's for 6 months and I have a printout of the page that says no payment will be taken and it's free (apart from additional reports your order).
It basically seems to be one report, free insurance and then alerts.
I have no connection to Experian and will only be posting this once :-)

Obviously you need to remember to cancel on time.