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Yet most still tend to distrust them, according to a survey conducted by the Harris Poll on behalf of KPA.
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Point Predictive fraud survey finds auto lenders fear worsening economic conditions will fuel a surge in fraudulent practices.
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A Michigan Court of Claims judge has denied Carvana's request for a temporary restraining order against Michigan Secretary of State Jocelyn Benson for suspending its Novi dealership operations.
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In the U.S., 2021 marked the end of government stimulus programs and pandemic related lockdowns. It also marked the beginning of a new era in fraud.
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Businesses involved in the automotive industry are realizing there is no single-source tactic to fraud prevention and are taking important steps to cover all possible bases to thwart the rising threat of fraudulent activity.
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Point Predictive reports lenders saw record levels of fraud in the past year. Learn how to spot the red flags of fraud to reduce its affects.
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These scams and schemes could impact any dealership’s profits and put their reputations with lenders on the line.
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