What does it mean to find out fraud prevention by credit investigation?

In our life, many people have never used credit reporting, or always pay back on time, but credit reporting shows fraud prevention when inquiring. So what does this mean? Please look down.

What does it mean to find out fraud prevention by credit investigation?

Credit information shows that anti-fraud is mainly caused by some identity loss, so when we see it, we need to consult the local people's bank. Institutional anti-fraud is often caused by procedures or some loopholes that we don't know about. Suppose that the mobile phone number used by a person to apply for a loan is different from his usual mobile phone number, then the fraud risk of this application is considered to be slightly higher, so we may see this marked as fraud prevention.

For machines or systems, the method of data mining is often used, based on the classification model of historical data (that is, data of known fraudulent applications and normal applications), so if our transactions are abnormal or have other problems, then the machine will automatically identify that there is something wrong with our transactions. Of course, these can be changed at the bank.

To sum up, this is the significance of anti-fraud in credit investigation.