Account Analysis Credit Risk Fraud Prevention 
FICO
MAY 19, 2021
At some point, many victims of third-party fraud become aware of the crime when unknown transactions appear on statements, or a debt collection agency attempts to collect money the victim does not owe. Unlike third-party fraud, the transactions are committed with accurate information and seemingly legitimate intentions. Matt Cox.
FICO
MAY 19, 2021
In contrast, first-party fraud often masquerades as a credit risk problem; delinquent accounts are sent to collections for a progression of treatment. In this way, first-party fraud can be eventually written off as uncollectible and is sometimes sold unknowingly to external collections agencies. by Matt Cox.
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