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EXCLUSIVE: 5.31% of auto loan applications had first-party fraud in H1

Mean auto identity theft rate was 4.51%, up 123 bps YoY

Emboldened by social media guides and AI, scammers are misrepresenting their income or credit performance when committing auto finance fraud this year. First-party auto fraud made up 5.31% of auto loan applications for the average lender in the first half of 2026, according to data risk management provider SentiLink data provided to Auto Finance News […]

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