Tips to lower consumer credit fraud – August 14, 2006
August 14, 2006
Filed under Features
Consumer fraud, a problem that results in millions of lost dollars, can be decreased at the dealership level by practicing attention-to-detail tactics.
Here are some of those tactics, courtesy HSBC, that dealership personnel can use to possibly cut down on such fraud:
Other red flags to watch out for on an ID:
Finally, a policy that may help if consumer fraud does occur is the required practice of writing down the license plate number of vehicles that consumers use to pick up their new unit in. psb