Credit Authorizer how-to
How to Verify an Applicant’s Identity
Verification stops fraud.
Quick answer
Verification stops fraud. In short: match; check; compare, then complete the remaining steps below.
Step by step
Match name, address and SSN.
Check for fraud alerts.
Compare to the credit file.
Ask verification questions.
Request documents if needed.
Document results.
Safety reminders for credit authorizers
- Protect applicant data
- Follow FCRA and ECOA
- Report fraud
- Avoid discrimination
Key terms
Authorization · Credit report · Credit score · Credit limit · Adverse action notice · FCRA: see the full credit authorizer glossary.