Buying a Car a Little Harder Now: Terror Check Required For Financing

If you're in the market for a car, be prepared to prove you are not a terrorist.

The federal government's Red Flags Rule mandates that auto dealers, banks, credit unions and other "creditors" and "financial institutions" take additional steps to prevent identity theft and fraud, beginning Jan. 1. Included in the list of so-called creditors is your family doctor.

Among those steps is determining whether a person applying for financing - or even paying cash for a car - appears on any government watch lists of known or suspected terrorists or terrorist organizations.'

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