Tag: auto fraud

As we approach 2025, the auto lending landscape is poised for a significant shift, driven by the Federal Reserve's interest ...

LAS VEGAS — Auto loan fraud caused nearly $8 billion in losses last year industrywide, with applications containing synthetic identity ...

Early payment defaults escalate auto fraud risk, which doubles when a loan rejected by one lender is later funded by ...

Memphis, Tenn., became the fastest-growing area for synthetic identity fraud in 2023, as fraudsters advertised it on social media in ...

Synthetic identity fraud contributed to an estimated $7.9 billion in fraud exposure across the auto finance industry in 2023, fueled ...

Auto lenders may have slowed loan production in 2023, but they were busy. From fighting new forms of fraud to ...

Credit unions have tapped into the auto asset-backed securities market to raise capital amid liquidity concerns, while used-vehicle values inched ...

The number of consumer credit disputes sent to auto lenders may decrease as the Consumer Financial Protection Bureau cracks down ...