The Basics of Loan Fraud and How To Prevent It
In 2021, the National Mortgage Application Fraud Risk Index increased by 15% between the 2021 first quarter and the first quarter of 2022. Credit card fraud also skyrocketed by the last quarter of 2021. Fraud affects everyone, from consumers to the banks that approve applications. Let's discuss what loan fraud is and how to prevent it.
- Anti Fraud technology