FTC Red Flag Compliance Enforcement Due Nov 1

Red Flags Expert Lee Holden
will give you the opportunity to get all your Red Flag Questions Answered
while showing you Who must qualify and Why for Red Flag Compliance.

FTC is currently due to begin enforcement of Red Flags Compliance
on November 1, 2009....that's only weeks away, now.

On the webinar Lee will be addressing the following:
Who Must be Compliant with the Red Flag Rule?
What is the program all about?

What will you get when you order our services now?

Bring your questions - and we'll get you answers!

Red Flags Compliant Webinar with Lee Holden
Date: Tuesday, October 20, 2009
Time: 8:30 PM - 9:30 PM EDT
-The Who
-What
-Where
-When and Why of Red Flags

Go now and register for the Webinar
Tue, Oct 20, 2009 8:30 PM - 9:30 PM EDT
The Who, What, Where, When and Why of Red Flags
https://www2.gotomeeting.com/register/953563186

Preventing Identity Theft: A Guide for Consumers (PDF)
Guide created by the National Crime Prevention Council

Sponsor: http://order.redflagscompliant.com
Contact Us: GetCompliant@gmail.com

Red Flag Rules and Identity Theft

Identity Theft and Red Flags Rules

Investopedia Says:
Identity theft is committed many different ways. Some identity thieves sift through trash bins looking for bank account and credit card statements; other more high-tech methods involve accessing corporate databases to steal lists of customer information.

Red Flag Rules have been established so that business owners
establish safeguards to protect Consumer identity information
and have a Plan of Prevention of the loss of confidential information.

The FTC will request this during any Audit of Red Flag Enforcement.

Red Flag Compliance is a written plan and policy for the specific
business operation...which is why any company offering automated
solutions or "cookie cutter" fill-in-the-blank products cannot fulfill
the FTC Guidelines to be Red Flag Compliant.

Each business and industry runs in it's own way and each is
unique and a Doctor's Office does not operate the same as a
Property Manager, Mortage Broker or Auto Dealership...
all of whom MUST have Red Flags Certification.

We have the Solution to your Red Flags Compliance

We would like to invite you to a special Tutorial Webinar
to let you see and hear the Real Facts of the Red Flag Rules.

Tuesday September 15th--8:30pm - 9:30pm EST

On the webinar Lee will be addressing the following:
Whats up with the Red Flag Rule?
What is the program all about?
What do our customer get?
Bring your questions - and we'll get you answers!

Red Flags Compliant Webinar with Lee Holden

Tues, Sep 15, 2009 8:30 PM - 9:30 PM EDT


Red Flag Rules and Identity Theft

Stealing the identity of others by using their credit card, drivers license, social security or other personal identification numbers has been increasing in mind boggling numbers in just the last five years.

Not only can the thieves run up bills for the victims, but identity thieves can also commit crimes pretending to be the victim, who may have enormous difficulty proving otherwise.

The easy access and automation on the Web has caused identity theft to increase rapidly.

In 1998, the U.S. Congress made identity theft a federal offense.

Preventing Identity Theft: A Guide for Consumers (PDF)
Guide created by the National Crime Prevention Council

Contact Us: GetCompliant@gmail.com

http://order.RedFlagsCompliant.com

Red Flag Rules No Cost Webinar Education

I was going to tell you about our Tuesday Webinar with National
Red Flags Expert Lee Holden.

I was going to casually give you the time and date and hoped
that you would see the value in that...then, something came to
my attention.

Another company who is also offering a Red Flags Webinar:
WEBINAR: IMPLEMENTING YOUR WRITTEN RED FLAG PLAN

This Webinar is meant to help you with a do-it-yourself
fill in the blank form for Compliance
"Template for Your Written Red Flag Plan"

Come to Our Webinar and hear what Lee has to say about
these "Do-it-Yourself-Fill-in-the-blank Forms for Compliance

Do YOU know THE RED FLAG RULES?

AND...

This webinar is 1/2 of RECORDED information for $295!
Duration: 30 minutes Delivery Method: Recorded Cost: $295

We are PROUD to offer AN OPEN Q&A Webinar where
YOU CAN ASK YOUR QUESTIONS....at NO CHARGE!

Lee Holden will Explain why Fill in the Blank Forms DO NOT
GIVE YOU COMPLIANCE and why Electronic Monitoring
Services FAIL TO MEET FTC COMPLIANCE REGULATION

So, just like things like Loan Modifications for Foreclosures,
there are vendors out there that just want your money, are
misinformed or are just Scams.

You won't know you made the Wrong Choice until you get an
FTC Audit...they will Explain it to you!

Let Lee Holden tell you the Facts from Fiction on Red Flag Rules

Register for the Webinar Tuesday 9/15
Tue, Sep 15, 2009 8:30 PM - 9:30 PM EDT

Our FREE 1 hour Webinar...obviously, at LEAST a $295 value!

We don't tell you how to Fill in Forms...We Do The Work For You!

PUT THIS ON YOUR CALENDAR
Red Flags Compliant Webinar with Lee Holden

Contact Us: GetCompliant@gmail.com
RedFlagsCompliant.com

Red Flag Compliance Rules for Mortgage Brokers

Red Flags FTC enforcement has been set for November 1, 2009
but Red Flag Compliance for Mortgage Brokers and others who
qualify are in effect NOW under the Red Flag Rules.

Mortgage Brokers and Lenders come under the "Creditor"
and "Covered Accounts" categories.


"FACTA’s definition of “creditor” applies to any entity that regularly extends or renews credit – or arranges for others to do so – and includes all entities that regularly permit deferred payments for goods or services."

"Some examples of creditors are finance companies; automobile dealers that provide or arrange financing; mortgage brokers..."
Federal Trade Commission Website


IF YOU THINK THIS IS A "MINOR" ISSUE...GUESS AGAIN

Mortgage Lender Will Pay $50,000 Civil Penalty for Violating FCRA Disposal Rule (December 18, 2007)

Mortgage Servicers Agree to Pay $28 Million to Settle FTC Charges, Including Failure to Report Consumer Disputes to Credit Bureaus as Required by the FCRA (September 9, 2008)

FTC Charges Mortgage Broker With Violations of FCRA and Disposal Rule, Seeks Monetary Civil Penalties (December 30, 2008)

Mortgage Lender Pays $20,000 to Settle FTC Charges That Its Prescreened Loan Offers Lacked Proper Opt-Out Notice (08/18/2009)

PERHAPS THESE STORIES WILL CONVINCE YOU...
THE FTC IS WATCHING AND THEY ARE HANDING OUT FINES

Failure of Mortgage Brokers to Comply with Red Flag Rules
can leave the Broker open to Civil Litigation which may extend
to Class Action...and the Broker will Still Have to Become Compliant
(and, perhaps be subjected to Monthly Audit of continued Compliance).


HOW CAN I BECOME RED FLAGS COMPLIANT?

You should go to this Website and see about the Services

You are Invited to Attend one of the Red Flags Webinars
The Webinars are for Referral Partners of the Service
however, it is an open Q&A and you may attend...
Bring Your Questions...

To Register for the Webinar Tuesday September 1, 2009
Tue, Sep 1, 2009 8:30 PM - 9:30 PM EDT

GET STARTED NOW

Contact Us: GetCompliant@gmail.com

Red Flag Rules for Red Flag Compliance

The FTC is the government agency that will be enforcing the
Red Flag Rules for Red Flag Compliance of Consumer laws for
protection from Identity Theft.

Any Company that works with Consumer Credit
is now required to have in place an
Identity Theft Prevention program by November 1st, 2009.

Three Things You Must Ask BEFORE Starting
The Red Flags Compliance Process.

1. Is my company required to meet the Red Flags Compliance Rules?
2. What if my company is not in compliance by November 1, 2009?
3. What is the Fastest and Easiest way to become compliant?



he Red Flags Rules are a part of section 114 of the
Fair and Accurate Credit Transactions (FACT) Act of 2003.

Start now it takes time to become compliant

Businesses who must comply

Businesses that must comply are:

banks credit unions mortgage brokers auto dealers debt collection agencies

credit issuers utility companies telecommunication companies health care companies ... in short, any company using any consumer's credit report.

Come to Our Webinar Tuesday August 25th to Learn More

Tue, Aug 25, 2009 8:30 PM - 9:30 PM EDT


Contact Us: GetCompliant@gmail.com

FTC Red Flag Rules

The FTC did not do much to give Businesses a good explanation
of the Red Flag Rules for the last enforcement date of August 1,
so a postponement of FTC enforcement set a new deadline, which
is currently November 1, 2009.

Many businesses and business owners felt uninformed and were
confused about not just whether they actually had to comply
with this "Red Flag thing" but also "what the heck does the FTC
have to do with this and why do they care?"

Well, partly because it is a little know fact that
The primary oversight of the credit reporting agencies/Bureaus,
mortgage brokers and others as to their activities covered by
the Fair Credit Reporting Act (FCRA) is covered by the
Federal Trade Commission (FTC) just as the Lenders, Banks and
Credit Unions (Financial Institutions) are regulated by the FDIC.

All FDIC oversight of large Financial Institutions was required
to be completed in 2008. However, many smaller shops, such
as Hard Money Lenders, Mortgage Brokers, and Credit Unions
have failed to move to Compliance at this time.

The Federal Reserve has oversight on federally-chartered banks
but it is the FTC that Mainstream America will be dealing with
as the Federal Government moves to place more responsibility
for Consumer Identity Theft protections at points of contact.



IMPORTANT CRITERIA UNDER FTC RED FLAG RULES

• Do they Take a Credit Application or Pull a Credit Report?

• Then they have to be Red Flags Compliant

EVERY Mortgage Broker, Regardless of Size of the Office
Must be Red Flags Compliant

Landlords and Real Estate Management Companies
Must be Red Flags Compliant
(a Landlord or Property Management Company would not
necessarily have to be Compliant for current Tenants known
to them, but would be required to be Compliant for any new
vacancies involving new applications to rent and pulling any
Consumer Credit Reports

Visit this Blog for continued Red Flag Rules News
Bookmark This Page

What you Must Do Now

Go to This Website
To receive your Complimentary Red Flag Guide
Just enter your information and it will be emailed to you
(There is No Cost, No Obligation and they do not put you on any
type of list....No Marketing and they Never Sell Any Names)

The Business is mainly based on Referral Customers and
the Red Flags Compliance Program here not only gets you fully
documented and Compliant but also includes a Full 12 months
of Maintenance and Follow-up Access.

Contact Us: getcompliant@gmail.com

Red Flags Identity Theft Prevention Program

According to a report of the President’s Identity Theft Task Force, identity theft (a fraud attempted or committed using identifying information of another person without authority), results in billions of dollars in losses each year to individuals and businesses.

The final rules require each financial institution and creditor that holds any consumer account, or other account for which there is a reasonably foreseeable risk of identity theft, to develop and implement an Identity Theft Prevention Program (Program) for combating identity theft in connection with new and existing accounts. The Program must include reasonable policies and procedures for detecting, preventing, and mitigating identity theft and enable a financial institution or creditor to:

1. Identify relevant patterns, practices, and specific forms of activity that are “red flags” signaling possible identity theft and incorporate those red flags into the Program;
2. Detect red flags that have been incorporated into the Program;
3. Respond appropriately to any red flags that are detected to prevent and mitigate identity theft; and
4. Ensure the Program is updated periodically to reflect changes in risks from identity theft.

Red Flags is a Follow up to Data Protection

"Identity Theft is fully out of control," said National Red Flags
Compliance expert Lee Holden.

"in 1999 there were approximately 1 million victims of identity
theft. Currently there are about 14 to 15 million victims each
year," said Holden.

"Twenty five people every minute of every day, 24/7. When
I do a one hour Webinar on Red Flags Compliance, in just that
one hour, 1500 people will have been effected by some form of
identity theft."

And, who needs to be compliant, Holden was asked.

"Anyone who originates a loan, even a Doctor's Office," said Holden.

"Why even a Doctor's Office? There are at least three reasons,"
Holden said.

"One, they send bills after the patients have left the office.
Also, the individual is ultimately the one responsible for the
payment (so, in essence, the office has extended credit) and
a third reason is the Doctor may bill and collect co-payments,
after any insurance makes their payments.

Identity Theft Prevention Program

To find out more about Red Flags Compliant Rules or to
request a complimentary consultation with Lee Holden, go to:
RedFlagsCompliant.com

SIGN UP NOW FOR OUR NEXT Q&A WEBINAR
WITH NATIONAL RED FLAGS EXPERT LEE HOLDEN
Tue, Aug 25, 2009 8:30 PM - 9:30 PM EDT

Contact Us: getcompliant@gmail.com