Snappt saved over$900,000 in estimated eviction costs in June!
In the month of June, Snappt detected afraud rate of 13.9%nationwide.With the recession and rental landscape dramatically altered, we expect the fraud rate to increase. It has never been more crucial for property managers to secure reliable sources of rental income.
What type of fraud are we seeing?
Dateshifted - Dateshifted documents are from a different time period, typically the month or year has been fraudulently edited to look as if they are current. These are made to look identical to current day documents from a visual perspective, but leave a trace that the Snappt technology is able to detect.
Text Alteration - documents with Text Alteration have been edited either by adding new information, typically numbers, names or addresses, or removing information such as expenses, liens, etc.