Credit Plus Debuts Fraud Prevention Tool

Credit Plus Inc., based in Salisbury, Md., is now offering a new mortgage fraud prevention tool called Undisclosed Debt Monitoring powered by Equifax.

According to the company, Credit Plus customers will be able to continuously monitor borrower credit activity during the ‘quiet period’ between the time of the original credit file pull and the closing of the loan. Other product features include activity alerts for credit inquiries, trade lines and secondary reissues; a single, comprehensive report for all borrower-related information; and streamlined integration for ordering results.

‘We are always looking for ways to enhance our credit tools and are excited to be one of the only companies in the industry authorized to provide this service,’ says Greg Holmes, national director of sales and marketing for Credit Plus.

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