Credit washing, synthetic identity fraud among top concerns for auto lenders

Credit washing, synthetic identity fraud among top concerns for auto lenders http://bit.ly/2Krtgzf

Major auto lenders late last year reported an overwhelming influx of complaints from customers reporting identity theft. The claims, however, were fraudulent and part of a widespread scheme to prompt auto lenders to remove legitimate trade lines from those customers' credit reports-- a practice known as credit washing or credit repair fraud.