Auto Fraud Losses Higher Among Those in Traditionally Better Risk Tiers, TransUnion Analysis Finds

Credit washing emerges as a growing concern as synthetic fraud and misrepresentation tactics evolveLAS VEGAS, Oct. 16, 2025 (GLOBE NEWSWIRE) -- New analysis from TransUnion (NYSE: TRU) released at this week’s Auto Finance Summit reveals that fraud-related charge-off losses in auto lending are not only significant—they are dramatically higher than those seen in other consumer credit product types. Synthetic identity fraud, which occurs when real and fake information are combined to create a new, fictitious i ...