Auto fraud climbs despite decline in loan applications | Auto Finance News

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Fraudulent auto loan applications have shot up $2 million per month since the beginning of the coronavirus pandemic, despite an overall decline in applications, according to Frank McKenna, chief strategist at risk management company PointPredictive.  “People are more desperate now than they’ve been in a long time,” McKenna said. “They’re out of a job, dealerships […]



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Source : AutoFinanceNews