How it Works

Today, despite everyone's best efforts, identity thieves strike nearly 9 million times a year and commit over $50 billion in fraud. You can become a victim of identity theft when thieves are able to impersonate you and acquire credit cards, home equity loans, and many other types of credit or loans in your name.

Debix solves this problem by putting you in control of your identity. The idea behind the Debix Network is simple - a thief can convince a bank that he is you, but he can't convince you that he is you. The Debix Network puts the power to authorize new credit accounts in your hands.

• 1. A thief applies for a credit card using your stolen identity.
• 2. You get an Instant Authorization call through the secure Debix network.
• 3. You press the star key on your phone to prevent the account from being opened.

You have the right to protect your reputation.

Your reputation is your credit score when looking for a job, securing a place to live, or taking out a loan. In 2003, Congress gave you the right to place a fraud alert on your credit files - notifying banks and creditors that they are not authorized to open new accounts without first verifying your identity.

At registration, Debix assigns a secure phone number to your account and places that number in your credit files. (Some creditors require that phone numbers in your credit file match phone numbers on your credit application. So, please be sure to include the Debix Safe phone number whenever you apply for credit.)

When you or someone pretending to be you applies for credit, the bank or creditor reviews your credit file and sees your Debix Safe phone number. Federal law requires banks and creditors contact you to verify your identity before opening a new line of credit.

The law outlines the best practice - placing a call to the number requested by a consumer - but stops short of absolutely requiring creditors to place a call and gives them the discretion to use “other reasonable measures.” The Debix Instant Authorization System™ provides a multi-band, multi-factor authentication that is the most secure and effective way for banks and creditors to follow the best practice and verify your identity.

If a creditor elects not to call, utilizes "other reasonable measures", and opens an unauthorized account in your name, you are still protected with Debix. Our insurance and recovery services will provide you with financial protection and reimbursement and we will restore your identity.

Also, the Debix Audit Trail will demonstrate a call was not placed, and whatever action taken by the creditor was not “reasonable”, because it resulted in fraud. Debix will then assist you in obtaining the greater level of protection which you are entitled to under the law and ensures consistent response from banks and creditors.