Snappt Stats
Q3 By the Numbers
Discover the fraudulent application statistics revealed by Snappt from July to September 2024! Sourced from the Snappt database, this information is designed to enhance your understanding of fraud trends and patterns, ultimately assisting in its prevention and detection.
In Q3, fraud rates declined in both large and small cities across the US, a strong indication that our efforts to combat fraud are making a difference. The longer a property leverages Snappt, the more the fraud rate decreases. When applicants discover a property uses Snappt, they tend to instead apply to nearby properties without Snappt protection to increase their chances of approval.
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