Vetting agency makes its Call

Credit Management, Mar 2008

FCC Paragon has become the first tenant vetting agency to use Callcredit's CaIIML as a way of providing electronic proof-of-residency checks. Letting agents and private landlords working with FCC Paragon can now use this facility to prove the identity and residency of potential tenants through a simple-to-use, web-based search system.

Businesses using the award winning CaIIML product can access proof of name-at-address data held on an individual's credit file. Callcredit's powerful data search tool is quicker, more efficient and more reliable than paper based proofs. CaIIML also incorporates vigorous fraud checks, such as forwarding address links and deceased indicators, which will further strengthen FCC Paragon's fraud measures.

In addition to this, CaIIML is designed to address all issues set out in the Joint Money Laundering Steering Group guidelines. Whilst FCC Paragon falls outside the regulated sector, the JMLSG encourages firms to have regard to the guidance as industry good practice.The guidance is HMTreasury approved and so provides FCC's agents and landlords with extra reassurance when proving an applicant lives at the stated address.

Bryn Cole MICM, managing director of FCC Paragon says, "Becoming the first tenant vetting agency to use Callcredit's CaIIML for proof of residency checks is really exciting for us. CaIIML offers a fantastic service which allows us to prove identity and residency of prospective tenants. The improved security is especially important for us as it helps us to identify possible fraudulent applicants."

Graham Lund MICM, deputy managing director at Callcredit said, "securing a relationship between CaIIML and FCC Paragon is a significant result for us. CaIIML came out top in testing with similar products on the market so we are confident that our client will find it easier to use and understand than other electronic alternatives."