Allstate issues new guidance to protect shoppers as identity scams surge ahead of the holidays

Allstate reports applications for new credit cards, loans and account setups peak in october during pre-black friday shopping, totaling more than $9m in potential losses  key takeaways : october kicks off identity theft season, with the highest volume of fraudulent credit and loan applications all year. fraud applications account for nearly 70% of all identity theft cases reported to aip; new account scams drive the biggest financial losses, totaling more than $7.3 million.
ALL Ratings Summary
ALL Quant Ranking