With all the identity theft going on these days, why don't the credit card and loan companies require a fingerprint to prove identity? You know, ask certain questions that only the person applying for credit would know (birthplace, mother's maiden name, streets you have lived on, schools attended, etc). I know these are general questions, but would a thief go through all the trouble to find out all these and more answers? Then once the company is satisfied with the answers, send a signature required package to the home address of the applicant, with instructions on how to obtain the fingerprint. Then change all the machines in the stores to be able to scan the fingerprint to verify identity? Does anybody else think this is a good idea? I know it would be a tremendous amount of work and $ for the companies to switch over, but in the whole scheme of things with all the money they lose yearly to identity theft, it makes complete sense to me. What do you think?
2006-12-09
16:35:41
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4 answers
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asked by
mommy
3
in
Credit