Auto Lending Fraud is a billion dollar problem here in the US. An overwhelming majority of dealers are honest and give borrowers a good deal but a few unscrupulous dealers are creating big headaches for the auto lending industry.
I am Frank McKenna, Chief Fraud Strategist and Co-Founder of PointPredictive. I have consulted with over 200 banks and lenders on fraud strategy and fraud reduction programs to help reduce fraud with technology and better operations.
Auto Lending Is the Next Subprime Mortgage Crisis (But With Cars)
Auto Lending Fraud is a billion dollar problem here in the US. An overwhelming majority of dealers are honest and give borrowers a good deal but a few unscrupulous dealers are creating big headaches for the auto lending industry.