Fraudsters Infiltrate as ‘Ideal Borrowers,’ Leading to Significant Losses
Fraud Losses Reach Alarming Levels as Synthetic Identities Exploit Lending Systems Suparna Goswami (gsuparna) • October 16, 2025 Image: Shutterstock Auto lenders generally assess risk based on credit scores, positing that higher scores indicate lower potential for fraud. However, a recent report from TransUnion reveals a concerning trend: Superprime borrowers—those…