Synthetic Identity Fraud Rockets Up in Auto Lending
Auto Lenders should beware. Borrowers using false Social Security Numbers and so-called Credit Privacy Numbers (CPN’s) to apply for auto loans is on the rise and wreaking more havoc than ever. Borrowers use false social security numbers to establish new credit profiles to disguise their true identities so that they can qualify for loans that […]
There Will Be Fraud (And 10 Other Predictions for 2018)
2018 will be a big year for fraud. There will be fraud, lots and lots of fraud in 2018. If that comes as a shock to you. It probably shouldn’t. Fraud has been on the rise for the last 25 years and it is showing no signs of slowing down anytime soon. As a […]