During the crisis, the number of fraudulent loan applications increased by 50%


In 2015, the number of questionable loan applications increased by 50% from 244 thousand units in 2014 to 362 thousand units last year, analysts estimated the combined credit Bureau. The increase in fraudulent orders has occurred on the background of reducing the total number of applications for credit, which indicates increased fraud, study says OKB.

The most questionable loan applications were submitted in December 2015, when more than 50 thousand applications had signs of potential fraud. In December 2014 the number of such applications does not exceed 27 thousand As the head of the design Bureau Daniel Zelensky, most of the growth in doubtful applications came not in organized groups of fraudsters, and to single borrowers not previously seen by banks as a “bad” customers.

Due to the fall in real incomes and loss of work citizens are beginning to experience an acute need for borrowing. But, not being able to obtain credit in the conditions of toughening of requirements of banks to clients, the borrowers go on a minor — from their perspective — manipulation of their social status or income level, said Zelensky. Because to do it yourself is quite difficult, they turn to third parties who help to make bogus reference. The number of such borrowers has increased 2.5 times in 2015.

Banks quite difficult to counter this type of borrowers as they could be law-abiding, have good credit history, emphasizes Zelensky.

One of the marks of any crisis is the marked increase in the activity of various scams, says the Director for Bank ratings Agency “Rus-the Rating” Larissa Makarenko. “Even the official statistics confirm this: according to Rosstat, in 2015 the number of recorded cases of fraud in the country increased by 25%,” leads the data analyst.

Dummy data specified in the loan applications became a serious problem for banks that work with credit brokers, says the head of retail risks center of the Bank Yaroslav Polishchuk. “People are losing their jobs and are increasingly turning to credit brokers. Because of this, banks have to tighten the scrutiny of applications, more time to spend on the verification procedure”, — said Polishchuk.