Red Flags

Get the latest information, software suggestions and legal advice to help get you compliant with the FTC's latest compliance rules.
Useful Articles
Deciphering Social Security Numbers
Federal regulators estimate that 4 percent of identity theft involves the stealing of Social Security numbers belonging to children. What dealerships need to realize is the perfect way to combat this is by simply examining those nine little digits.
Finding the Right Solution
The Red Flag Rule will definitely be a hot topic at this year's National Automobile Dealers Association (NADA) convention. Here are a few questions to help you find the right solution.
Creating an ID Theft Prevention Program
Before you start searching for the finalized document on the Red Flag Rule, understand that it's 256 pages.
The Red Flag Rule
Dealers will need to know how to react when a red flag is raised, and will have to document each situation.
Red Flag Rules
Red Flags identified by regulators in final Red Flags Rule

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Red Flag Basics

  • The Red Flag Rule - Dealers will need to know how to react when a red flag is raised, and will have to document each situation.
  • F&I Red Flags 101 - A Red Flag is a pattern, practice or specific activity that indicates the possible existence of identity theft.
  • Regulators and the Red Flag Rule - Red Flag Compliance will require a combination of dealer-created procedures, legal counsel and technology.

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