accepting credit cards as payment doesn’t necessarily qualify an institution as a creditor. Examples of those that apply under the Red Flag rule include finance companies, automobile dealers, mortgage brokers, utility companies and telecommunications companies. Financial institutions include of course banks and any institutions that offer accounts customers are able to write checks off of or even make telephone transfers. Non-profit and government agencies that defer payment for goods are services are defined as creditors. Even health care organizations that accept insurance or offer payment plans fall under the Red Flag rule umbrella and this may be very good news for consumers indeed, as medical identity theft is on the rise.

If you want to know more about the new red flag rules healthcare, Then have a look at this service called medicscan-store.com, they will help you to protect yourself by buying the best ID scanners for your business, or for your clinic.

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