What does it mean to have an Extended Fraud Victim Alert as a fraud indicator on the credit report?
You may see an extended fraud alert listed under Consumer Statement on an applicant's credit report.
Under the provisions of the Fair and Accurate Credit Transactions Act (FACTA), if you are a victim of identity theft, you are permitted to place an extended fraud alert on your personal credit file for a period of seven years, at your request.
You can remove the extended fraud alert at any time prior to the end of the seven-year period, if you request removal in writing and provide proof of your identity at the time of your request.
If you are an applicant that has placed an Extended Fraud Alert on your account, we advise you let the agent know prior to submitting on our site.
If you are an agent and would like to know more about Fraud Victim Alerts, click here or call TransUnion SmartMove at (866) 775-0961.