Help protect your business from buyback losses with real-time FraudIQ Synthetic ID Alerts from Equifax.
Synthetic Fraud is problem for auto dealers and it’s growing because fraudsters can net 20X the cash value of a credit card on a vehicle providing a richer payout. Dealers with weak or no fraud screening checks are prime targets.
While synthetic fraud is harder to detect than traditional fraud, Equifax’s Synthetic ID service simplifies this for dealers so you can focus on selling more cars faster while minimizing your risk of loss and buybacks. Try it for free!
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