The Early Warnings Services company website says that the people that work for them employ best practices and shared information systems from leading institutions in the financial sector in order to manage fraud. Practices and information are then put to use in attempts to prevent deposit, payment and identity fraud. The information that is gathered on those activities is distributed to the various agencies via an Early Warning Services system and it is estimated that this kind of detective work saves various financial institutions billions of dollars that would have been lost to fraudulent activity.

The fact is that modern communication systems, particularly the Internet mean that fraud has become much more complex and this means that it is vital that relevant, up to date information can be fed through the systems that are meant to find, prevent and hopefully deter fraudulent activity from escalating.

Companies like Early Warning Services reviewed here, help banks and other financial institutions to cut losses that are the result of three areas of fraud, payments e.g. late payments on credit cards, suspicious payments from one account to another, identity fraud where someone steals your personal details and uses them fraudulently, and bad checks. Early Warning Services can save consumers money because banks and other financial organizations raise their charges to help cover fraud losses, however, they hold data on you without your knowledge and that data is not always accurate..

This type of data collection and information passed onto banks and other financial institutions should not cause problems for most consumers, assuming that the information they hold is correct. One of the problems for many people is that the credit rating companies pick up erroneous or out-dated information. It is very difficult for most individuals to get items that shouldn’t be on the credit history taken off. Vivix Credit Solutions credit is one of the very few companies around that can help ordinary people like you repair their credit history. Vivix Credit Solutions will work with you, giving you an upfront estimate, to get any false and outdated items removed from their credit report. The company has helped numerous people to get their bank accounts reinstated and to be in the position where they are able to apply for mortgages or borrow money for a car if they need it. If you feel that your credit rating has been adversely affected through no fault of your own then a company such as Vivix Credit Solutions may be able to help.