While conducting a review of adverse action notices I came across a loan denial for an applicant who's D.O.B. was in 1983 and the fraud alert from trans union stated the following: input ss# was issued from 1936-1950. Input SS# was used in death benefits claim (giving a specific name, D.O.B., and last residence of person with SS# match).

I think this information would warrant a SAR to be filed. The problem is the loan application and credit report is dated back in March 2005. Should we file a late SAR or what should be done?

Does anyone have a reply for me? I'd appreciate it.

I would file, better late than never. I would also document why this was not brought to your attention at the time and put policies and procedures in place to prevent it from happening again.

Just my opinion.

Recent thread.

I think I'll more confused on what to do, but thanks anyway.