FTC Seeks Comment on Proposed Rule Implementing Law Providing Free Credit Monitoring for Active Duty Military Consumers, Project No. R811007 #00002

Submission Number:
00002
Commenter:
Robert Palmersheim
State:
Iowa
Initiative Name:
FTC Seeks Comment on Proposed Rule Implementing Law Providing Free Credit Monitoring for Active Duty Military Consumers, Project No. R811007
Military Credit Monitoring Rulemaking, Matter No. R811007" Military Credit Monitoring Rulemaking, Matter No. R811007" Absolutely necessary to protect those serving from firms like USAA who constantly provide credit cards to fraudulent applicants with no verification prior to issue. USAA allows applicants to steal identity from honest people with excellent credit, by allowing fraudulent applicants to have credit cards or check mailed to an address different than address maintained by Credit Bureaus. If victim does not have credit monitoring, it may be months before the victim is aware of the identity theft and while they may not end up being responsible, the impact to their income and families is severe. This rule is absolutely necessary. Robert Palmersheim USN Ret [redacted]