Can a car dealership take a credit application with personal information over the phone? Question Details: Asked on under: Consumer and Lemon Law Alabama More Legal Topics All States
Dear Credit Card Adviser, With credit cards you can make an application over the telephone. If a card goes into default, how do they prove an agreement since nothing was ever signed? Richard. Dear Richard, Good question. The bad news, if you hoped you wouldnt owe anything, is that issuers have a number of ways to demonstrate the His book offers 10 tips on handling credit over the phone: 1. Check with the credit reporting agencies to make sure they allow phonein credit applications. Some don't. Some also require dealership personnel to physically inspect customer identification before running a credit report. 2.credit applications over the phone His book offers 10 tips on handling credit over the phone: 1. Check with the credit reporting agencies to make sure they allow phonein credit applications. Some don't. Some also require dealership personnel to physically inspect customer identification before running a credit report. 2.
Jun 12, 2013 Minimizing The Risks Of Taking Credit Applications Over The Telephone Or Internet Posted on June 12, 2013 by autolawjd Posted in Automotive Industry Views Tagged automotive, compliance, credit applications, dealerships, Fair Credit Reporting Act, fcra, red flags rule, safeguards rule Leave a comment credit applications over the phone Which do you preferOnline apps or over the phone apps? Which one works better for you? . Log In; My Account; Support; Community Savings Center Credit Education You darned kids these days with your fancy online and telephone credit card applications. When I was a young'un we used to call and ask them to send you There are several methods of applying for a credit card. Two of the quickest methods are completing an application over the phone or completing one online. Accepting credit apps over the phone by Gil Van Over This years columns have been dedicated to describing this whole thing called compliance. We are now in the process of describing best practices that, if implemented, are designed to help reduce exposure to litigation and regulatory inquiries.