Rental fraud warnings jump 30% due to coronavirus pandemic

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Sign advertising apartments for rent in the Upper East Side in New York City.

Adam Jeffery | CNBC

A sharp increase in the use of online rental applications since the start of the coronavirus pandemic has caused a consequent jump in red flags for fraud.

The percentage of so-called fraud triggers detected by TransUnion increased nearly 30% from March to August, according to the credit reporting agency.

 TransUnion defines fraud triggers as applicant statuses with failed…



Source cnbc.com

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