Types of Credit Frauds

Credit Risk

Fraudsters can create a credit profile using a synthetic identity or stolen personal credentials. This credit profile is then used to apply for a credit card, loan or other types of credit. The fraudster can then take off with the loan, without leaving a trace.

Loan Fraud

Fraudsters can create a credit profile using a synthetic identity or stolen personal credentials. This credit profile is then used to apply for a credit card, loan or other types of credit. The fraudster can then take off with the loan, without leaving a trace.

See Relevant Scenario