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Compliance

National Credit Center Develops Red Flag Solution

March 11, 2009

SAN DIEGO — National Credit Center (NCC), a provider of credit reporting and compliance services to the automotive industry, has developed a complete solution for the Red Flags Rule.

The rule requires dealerships to develop a regularly updated written program that identifies and detects red flags, institutes response mechanisms to red flags, and establishes a training program. The Federal Trade Commission’s deadline for compliance is May 1, 2009.

With NCC, dealerships receive a total Red Flag solution from one contact. Our Red Flag program includes a customizable policy and procedures manual, online staff training, an automated red flag detection tool, and an authentication site. Why work with multiple companies, when dealerships can achieve full Red Flag compliance with NCC?

NCC’s approach to the Red Flags Rule is that partial compliance is equivalent to noncompliance. Our objective is to equip clients with a complete program that protects their dealership from the fines, claims, and litigation associated with identity theft.

For more information on the Red Flag ruling and NCC’s complete Red Flag solution, visit www.nccdirect.com/redflag.php.

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