Major auto lenders late last year reported an overwhelming influx of complaints from customers reporting identity theft. The claims, however, were fraudulent and part of a widespread scheme to prompt auto lenders to remove legitimate trade lines from those customers' credit reports-- a practice known as credit washing or credit repair fraud.
source https://www.autonews.com/finance-insurance/credit-washing-synthetic-identity-fraud-among-top-concerns-auto-lenders
No comments:
Post a Comment