ID Score–Action: FCRA-Compliant Approach for Better Credit Decisions
Using the same technology approach as the flagship ID Score®, ID Score®-Action leverages the ID Network® and proprietary Advanced AnalyticsSM to calculate an identity risk score that is actionable under the Fair Credit Reporting Act (FCRA). FCRA-actionable solutions allow companies to supplement existing credit decisions with identity risk tolerance limits during the credit decisioning process.
The unique insight and reason codes provided by ID Score-Action enable companies to automate the response to these potential identity frauds. This streamlines the approval process for low-risk, high-value customers while eliminating unnecessary review costs on high-risk applications.