Tag: auto fraud

Lenders spend countless hours manually verifying loan applicants’ information — specifically, income, residence, employment and proof of insurance. In addition ...

Each month, the Auto Finance News team dives deeply into topics currently affecting the auto finance industry. This year was ...

Automotive manufacturers and lenders have made strides in automation, vehicle delivery options, online shopping and faster loan decisions, but those ...

Subprime lender MidAtlantic Finance Company is analyzing its defaults to identify borrowers misrepresenting their employment and income information, a problem ...

VW Credit has implemented training for its credit and collections teams in response to an uptick in auto loan fraud ...

Meet Shanae Cohen: Her name was created by a random name generator and her face made with an artificial intelligence ...

An Albuquerque man was slapped with a five-year jail sentence last month for conning seven credit unions and three banks ...

Fraudulent activity tied to pandemic-spurred government assistance programs has contributed to a rise in transactions using false identities that is ...