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Tool Counters Loan Fraud.(Brief Article)
Garden Grove, CA -- Informative Research, a mortgage credit reporting agency, has released a new service to combat loan fraud through credit verification.
The Credit Score Validator provides mortgage lenders with a tool to authenticate credit scores that appear on a hard copy of a credit report, the company said. In addition to validating the score, the tool also notes if a fraud alert was issued on the original report.
Jeff Lau, director of marketing at Informative Research, said that with fraud and identity theft on the rise, the Credit Score Validator will help safeguard lenders against fraudulent activity.
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Source: HighBeam Research, Tool Counters Loan Fraud.(Brief Article)