Top 5 Ways to Prevent Loan Application Fraud September 1, 2021 Top 5 Effective Ways to Prevent Loan Application Fraud Banks and financial institutions lose billions of dollars every year to credit fraud or loan application fraud. It is estimated that the US faces an average of 300,000 cases of credit fraud annually. According to the 2021 report by the Federal Trade Commission (FTC), almost 30% […] Read More about "Top 5 Ways to Prevent Loan Application Fraud"