|
ELGIN, Ill., July 11, 2006 – Lending Solutions Inc., a provider of lending center services and consulting programs for financial institutions across North America, has entered into a partnership with Chicago-based RelyData, a provider of identity theft restoration services recommended by the credit reporting industry. Through the alliance, Lending Solutions provides access to RelyData and its Identity ShieldSM services to credit unions, banks and other financial services providers.
RelyData provides a personal case manager who works individually with each client. With the assistance of a TransUnion fraud specialist, the case manager reviews credit reports from all three of the national credit reporting agencies, notifies outside agencies and other institutions of the fraud and reviews options for ongoing protection. RelyData also provides each client with documentation of the entire process, and follows up with the client until records are restored.
Approximately 10 million people become victims of identity theft each year, making it the number one consumer complaint with the Federal Trade Commission. Increasingly, victims expect their credit unions, banks and other financial service providers to offer solutions to this problem.
“People do not know how to respond when they discover they are victims of identify theft and value having a partner help identify and remove fraud in credit files or manage disputes,” said Garnet Steen, president of RelyData. “By offering these services through Lending Solutions, we not only reduce the threat of identity theft, but also provide victims with a true service that undertakes all of the difficult and often confusing processes that are involved in restoring one’s identity.”
“This alliance provides expanded fraud protections for individual consumers whose financial institutions conduct business with Lending Solutions,” said Jeff Frantz, senior vice-president of Lending Solutions. “This increases the benefit such institutions offer, enabling them to forge a more complete relationship with their customers. We feel this is such an important service, we are offering it free of charge to our employees”
Lending Solutions will be hosting a Webinar on Identity Shield on Wednesday, July 26 at 10:30 CDT. Please contact Jeff Frantz at lsisales@nlpc.com to register, or for more information on the Webinar.
About Lending Solutions Inc.
Lending Solutions Inc. has been the leading provider of lending center services and consulting programs for financial institutions across North America since 1994. The company’s highly trained, professional staff provides 24 hour lending services to roughly 300 of North America’s premiere credit unions, banks and mortgage companies. For further information on Lending Solutions, please visit the company’s Web site at www.lendingsolutions.com.
About RelyData
RelyData is the leading provider of identity theft restoration services to individuals, employers, financial institutions and other organizations. Through a proprietary process that involves unique partnerships with the credit reporting industry and other data providers, RelyData is able to offer the most efficient and comprehensive true identity restoration service that removes fraudulent information from personal identity records. For information, call (312) 661-0096, or visit www.relydata.com. |