How Could Credit Fraud Happen to Me?
Who Should Attend: Loan Officers
What happens when your borrower’s financial accounts – checking, credit cards, and the like are compromised? What are the best means of addressing these security breaches after they happen and how could they have been prevented? Hear the real-life experiences of industry professional, Mike Olden, and gather tips and tactics to better educate your current, past and future borrowers.
During this session, we’ll discuss:
- How to explain the differences between credit freezes, credit locks and fraud alerts
- Placing fraud alerts on credit bureau files
- Lender’s responsibilities when viewing fraud alerts
- Preventative versus reactive actions you can provide your borrowers