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Motor and vehicle finance

Catch motor finance fraud before payout

Near-prime and subprime applicants have the strongest motive to inflate income. Fraudfinder checks every payslip, bank statement, V5C and NCD letter in seconds.

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KM
K. MensahPCP · £24,500 hatchback
High risk
Case file
Payslips2 months
Bank statement3 months · 8 pages
Settlement letterPart-exchange finance
Driving licenceApplicant ID
What Fraudfinder found
Net pay editedChanged after the document was issued
Gambling transactions removedStatement doesn't reconcile on page 3
Settlement figure alteredDoesn't match the lender's format
Applicant ID verifiedLiveness passed
Report ready for the lenderBefore payout

A motor finance deal checked end to end: income, affordability, part-exchange and identity.

Speed
3.4s

From upload to verdict, by API or portal. Fast enough to check every document without slowing your decision.

Approach
3 layers

Forensics on the file, external data validation against real-world sources, and enrichment into clean, reconciled data.

Pricing
Per document

Never per page. Unlimited users. No set-up fee.

Trusted by motor and asset finance lenders

Carloans 365 logo
Portman Finance Group logo
Ultimate Finance logo
Carmoola logo
Halo Corporate Finance logo

Where fraud gets in

Find the fraud hidden in motor finance applications

Inflated payslips, edited statements, altered logbooks and fake settlement letters all look genuine on a dealer's screen. Then there's fronting, where someone else applies for the driver.

net pay    £2,900
original   £1,900
Income inflated
01

Payslips and bank statements

Especially in near-prime and adverse, where applicants have the strongest motive to inflate income.

keeper   K. Mensah
VIN      edited after issue
Logbook altered
02

Detect altered V5C logbooks

We check vehicle registration documents for edits to the keeper, VIN and registration details.

no claims   5 years
original    1 year
No claims years edited
03

No claims discount letters

We catch edited years, names and insurer details on no claims evidence, so you don't rely on a fake.

printed ≠ decoded
Barcode ≠ printed address
04

Proof of address

Standard, but the volume is enormous. Barcode decoding catches the edited bill that looks perfect.

dealer     Westway Motors
statement  acceptable
Dealer KYB
05

Dealer onboarding

ID, proof of address and business bank statements on the dealer, not the consumer, before they join your panel.

report    PDF
checks    4 documents
status    shared with lender
Evidence you can hand over
06

Create an audit trail for lenders and the FCA

Brokers hand the lender or the regulator a downloadable report showing the check was performed, with every reason behind it.

Documents we check on every motor finance deal
Payslips and P60s

From any payroll system.

Bank statements

From any bank, including challengers.

Vehicle logbooks (V5C)

Keeper, VIN and registration details.

Finance settlement letters

For part-exchange and refinance.

No claims letters

Evidence of no claims discount.

Passports and driving licences

With biometric liveness, in the same portal.

Every document

Payslips, statements, logbooks, settlement letters

Statements from any bank, payslips from any payroll system, and vehicle documents including V5C logbooks and finance settlement letters. Fraudfinder checks them all in one place.

Bank statements

Payslips

Utility and council tax bills

Invoices

P60s and tax returns

Company accounts and filings

Mortgage and loan statements

Vehicle logbooks (V5C)

No claims letters

Solicitor and proof of funds letters

ID documents

Scans and photos

What we look for on the documents you see most

01Bank statements
  • Checked against genuine issuer formats
  • Balance reconciliation
  • Account holder confirmed with the bank (CoP)
02Payslips
  • Pay, tax and NI consistency
  • Font, metadata and version checks
  • Matched to statement credits
03Utility bills
  • Account numbers validated
  • Barcode decoding
  • Edits and templates flagged
04Invoices
  • Edited totals and line items
  • Supplier bank details via CoP
  • Font, metadata and version checks
05Tax documents
  • AI-generated document checks
  • Edits to figures and dates
  • Font, metadata and version checks

Proof

Results from teams already using it

Lenders, brokers and platforms use Fraudfinder to stop document fraud before funds leave.

ROI calculator

What document fraud is really costing you

Set your monthly volume, then adjust the assumptions to match your business.

6060,000
Your review costs
Your current error costs
28xestimated return on
Fraudfinder spend
Estimated net saving
£0
a year, or £0 a month

Review time recovered£0

Fraud and wrongful declines avoided£0

Less Fraudfinder cost£0

Net saving a year£0

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Illustrative, based on the assumptions above, which you can change. Review time is recovered for higher-value work, not cut. Not a quote or guarantee.

Get started

See Fraudfinder catch real motor finance fraud

We'll run real fraudulent documents through Fraudfinder and show you what it would have flagged before payout.

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We'll show you Fraudfinder catching real fraud, live.

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FAQs

The questions fraud teams ask us

What is motor finance fraud?

An applicant or third party submits edited or fabricated payslips, bank statements or vehicle documents to secure car finance. It's most common in near-prime and subprime lending, where the motive to inflate income is highest.

Can Fraudfinder check a V5C logbook?

Yes. We check V5C documents for edits to the keeper, VIN and registration details, alongside the applicant's financial documents.

Can you check settlement and no claims discount letters?

Yes. We check finance settlement letters for altered figures, and no claims discount letters for edited years, names and insurer details, including templates that don't match the issuer.

How does it help with fronting?

Fronting relies on documents that don't belong to the real driver. Confirmation of Payee and data matching show when the name, address or account doesn't line up with the application.

Can we share the result with our lender?

Yes. Every check produces a downloadable report showing what was checked and why it was flagged, which brokers hand to lenders or the FCA.

Is it fast enough for point of sale?

Yes. Checks take seconds, so a customer at a dealership doesn't wait.

How do we connect it?

Start in the drag-and-drop portal today, then connect by API into your proposal or decision system.

Document fraud detection and data extraction for lenders, brokers and financial institutions.

Cyber Essentials certified.

ICO REGISTEREDInformation Commissioner’s Office
CYBER ESSENTIALSCertified
GDPRCompliant

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