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Credit Washing and Synthetic ID Fraud Hit All-Time High
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Credit Washing and Synthetic ID Fraud Hit All-Time High

Auto Lending Sector Is Hardest Hit by Scammers Using Synthetic Identities. Synthetic identity and credit washing fraud have hit another record high and are showing no signs of slowing down, according to a new report by TransUnion. Unscrupulous credit repair companies are adding to the problem by convincing people in debt to create new identities.

First seen on govinfosecurity.com

Jump to article: www.govinfosecurity.com/credit-washing-synthetic-id-fraud-hit-all-time-high-a-28452

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