Before SentiLink, our indirect auto partners were seeing a 10-15 basis point increase in fraudulent applications at the top of the funnel per year.
With SentiLink, several top auto lenders have surgically eliminated pockets of fraud, charging off at 20-100x the base rate in the population, reducing overall charge-off rates materially.
Today, about 1% of applications from indirect auto lenders are coming from synthetic identities.
Schedule a no-cost data test with us to see if your fraud rates are comparable.
