Tag: auto fraud

Score doesn't tell the whole story; that is the problem.  In auto lending, bust-out fraud is one of the most expensive schemes lenders encounter ...

Auto lenders reported a surge in fraud in 2025 as scammers used their real identities and fake documentation generated with ...

Fraud is not always obvious, but losses are. That is the problem.  In auto lending, internal audit, credit risk and fraud teams ...

Fraudsters are creating fake auto and equipment dealership websites with AI to trick consumers into sending them money. More than ...

For decades, customer interviews were considered a best practice for validating income, confirming employment, and uncovering risk. They became part ...

Auto lenders and dealerships are adding multilayered prevention tools and closing deals with third-party vendors to fight a surge of ...

Auto dealers are reporting more fraud-related loan defaults as the auto finance industry sees synthetic fraud and fraudulent documents surge. ...

Fraud does not announce itself at origination.  Sometimes it surfaces later, through charge-offs, early payment defaults and losses that suddenly hit the profit and loss ...