1 in 15 People lie about SSN and DOB on Credit Apps

Credit Cards

A company called ID Analytics did a study and found that 1 in 15 people intentionally commit fraud on their credit application by providing another social security number or date of birth–often to avoid credit rejection or to obtain the right to more credit.

The study included 267 million adults and in that group, they believe 8% are not a result of accidents. They  uncovered several people who were using over 100 social security numbers!