Repository I.T., Inc (RIT) recognizes the legitimate business need for improved historical consumer payment and behavior data to make intelligent and informed decisions; however, consumers should control which, if any, companies have access to their contact and historical information. Otherwise aggressive marketers profit by exploiting unsuspecting consumers’ weaknesses and tendencies, often with catastrophic financial consequences.
RIT will be a safe and secure resource of accurate, relevant and timely historical information on specific products and services. RIT will be ideal for data contributors that do not whish to expose their customers’ private information to competitors or third-parties. Unfortunately, without their knowledge or consent, consumer’s private information is continually sold and traded via third-parties and marketing lists. These lists exist to extract as many purchases as possible from consumers and can eventually jeopardize their ability to purchase the contributors’ own products. RIT intends to provide innovative patent pending information technology solutions to industries and companies that care about protecting themselves, their customers, consumers and privacy.
For a specific product or service, past behavior and payment patterns are the best indicators of future behavior and payment patterns, therefore, no other company will mitigate risk better or less expensively. Data contributors to RIT can expect:
- Increase profits and lower risk due to more and better clients.
- Identify excellent clients despite their poor credit or score.
- Expose historically high risk clients despite excellent credit or score.
- Valuable client gratitude from protecting their privacy.
Individual consumers can expect:
- Increased privacy and control of their personal information.
- A unique consumer data base to protect and facilitate but not exploit.
- RIT to not sell data, only the use of it for a specific transaction.
- RIT to protect privacy, reduce unwanted solicitations and never sell lists.
Pro consumer and pro privacy, RIT corporate-by-laws prohibit sharing or selling lists of any kind. RIT will adhere to both the letter and spirit of FCRA and FACTA by requiring consumers’ written permission prior to selling a report, track all inquires and prohibit ownership transfer of RIT data to any third-parties. RIT is excited to be involved with the creation of a revolutionary new data base where all parties mutually benefit, particularly individual consumers and data contributors.
Products & Security
Revolutionary new products from RIT will benefit data contributors by lowering risk and protecting their client lists while benefiting consumers by lowering costs and protecting their privacy. For years, new account/client decisions have been based on incomplete information. No longer. The RIT report is designed to include an applicant’s exact...
Data privacy, integrity and security are our highest priorities. RIT will utilize the latest in encryption and internet security technologies to protect our clients’ and our own data. To protect our contributors from having their valuable client lists purchased by a competitor RIT does not, and never will, sell client lists...