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700Credit Offers Solution for Red Flag Compliance

November 12, 2007

700Credit said it will be ready to help dealers comply with the new Red Flag Rules once they go into effect Jan. 1, 2008.

The company is offering its RedFlag ID, a turnkey solution for assisting dealers in their compliance obligations, while better managing their exposure to identity theft and fraud. RedFlag ID can be delivered at the top of every credit report, and/or can be run as a stand-alone product.

Combined with 700Credit’s credit reporting solutions, RedFlag ID automatically alerts the dealer to potential identity theft Red Flags, and keeps the dealership in compliance with the new legislative requirements. RedFlag ID is available for delivery on over 45 dealer sales and finance platforms, including Reynolds and Reynolds POWER and at www.700Credit.com.

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