@Anonymous wrote:
I do find it somewhat comical that they'll go ahead and HP the applicant , open an account and mail out the card before any type of anti fraud action is performed. Then once said card is in hand, activated and used, that's when bells start going off. lol
Be much better to start anti fraud actions during said application. I'd rather have this type of issue resolved before any cards are even sent out.
Do you really think that fraud prevention measures are, or should be, as simplistic as you described? Any lender has an interest in ascertaining that (a) the person applying for credit is who they say they are, and (b) the credit card ends up in the hands of the right person. Consequently FP measures are deployed right up until the moment the applicant receives the credit card, and in many instances, even after the card is received.
There's a lot about the OP situation that we don't know and will never know so its pointless to make a judgement in the absence of the facts. What if there have been reports of credit card thefts from mailboxes in the OP's mailing area? Is the bank supposed to just ignore that? What if a mail carrier is suspected of stealing credit cards or the information they contain? (that happens more frequently that you would think) . Is the bank supposed to ignore it and just absorb the loss?
Also, other factors like spousal identity theft are a huge issue, even when the card is delivered to the correct address. Those would be few reasons why FP continues after the card is issued. We also would never know if there is an active investigation by the bank and an entity like the US Postal Inspection Service.
[2/2019]
