Auto Loan Fraud Grows, Fueled by Identity Theft
Identity theft is becoming an increasingly serious problem in auto lending, with fraud rates surpassing those seen in credit card applications. According to data from SentiLink, fraudulent auto loans accounted for 3.3% of all applications in the first half of 2025, spiking to 5.5% in May during a coordinated attack on select lenders. By comparison, […]
How Card Issuers Make Introductory Offers Work
In an unsteady economy, credit card issuers are attracting the most profitable customers by offering lucrative introductory benefits. These come at a significant cost to issuers, but in a world where high-end credit cards come with annual fees in the hundreds of dollars, users have come to expect immediate rewards in return. In a new […]