Every fraudulent application is lost revenue, disrupted operations, and slower growth. For credit unions and lenders, identity fraud can shake margins, increase costs, and make cash flow unpredictable. With identity fraud insurance, those losses can be mitigated upfront, letting you approve loans confidently, keep operations running smoothly, and focus on growing your business instead of worrying about surprises.
Identity Fraud Insurance acts as a safety net: instead of letting fraud eat into your profits and disrupt cash flow, you can shift the risk and maintain steady revenue. This allows you to approve more loans confidently, keep operations running smoothly, and focus on growth rather than worrying about unpredictable losses.
Identity fraud insurance doesn’t just protect your bottom line, it can help you optimize capital, manage risk smarter, and onboard new customers with confidence. For credit unions and lenders this approach can approve more applications without fear of defaults eating into profits or onboard new customers faster because your risk model has an extra layer of protection. In short, it turns the unpredictable into the manageable.
According to Experian, 31% of small businesses experienced fraudulent lenders or scams during the lending process. Stats like this show just how volatile lending can be. Identity Fraud is evolving quickly, and even with advanced verification tools, it’s impossible to catch every bad actor. Instnt first of its kind approach, allows you to transfer fraud losses off your balance sheet, making sure you’re taking care of what really matters.
In today’s lending landscape, volatility is the rule, not the exception. Protecting your margins and maintaining profitability requires more than prevention, it requires preparation. Loan insurance gives you the confidence to take calculated risks, expand your customer base, and scale sustainably. Because in lending, it’s not just about avoiding losses.It’s about enabling growth with peace of mind.
Source: Experian, A Growing Small Business Financial Fraud Problem (March 2025)
