> ## Documentation Index
> Fetch the complete documentation index at: https://docs.smartcomply.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Loan Fraud Check — Overview

> Evaluate fraud risk for loan applications using credit report data and applicant financial details.

The Loan Fraud Check API assesses the fraud risk of a loan application by combining external credit report data with the applicant's financial profile. It computes a fraud risk score and returns an actionable recommendation — **Approve**, **Review**, or **Reject** — for each application.

## How It Works

<Steps>
  <Step title="Submit the application">
    Send the applicant's BVN (individual) or RC number (business) along with their financial details to the fraud check endpoint.
  </Step>

  <Step title="Credit report retrieval">
    The system fetches the applicant's current credit history from integrated credit bureaus.
  </Step>

  <Step title="Risk score calculation">
    A rule-based engine evaluates credit history, loan-to-income ratio, applicant age, and other financial factors to compute a fraud risk score.
  </Step>

  <Step title="Receive recommendation">
    The API returns the computed score alongside a clear recommendation for your loan approval workflow.
  </Step>
</Steps>

## Key Features

<CardGroup cols={2}>
  <Card title="Real-Time Credit Data" icon="chart-line">
    Fetches up-to-date credit histories for a dynamic risk evaluation basis.
  </Card>

  <Card title="Actionable Recommendations" icon="circle-check">
    Returns clear Approve, Review, or Reject guidance for each application.
  </Card>

  <Card title="Individual & Business" icon="users">
    Supports both individual applicants (BVN) and business applicants (RC number).
  </Card>

  <Card title="Data Validation" icon="shield-check">
    Strict validation at the model and serializer levels ensures data integrity.
  </Card>
</CardGroup>

## Endpoints

| Endpoint                                                  | Description                                      |
| --------------------------------------------------------- | ------------------------------------------------ |
| [Individual Fraud Check](/v3/loan/individual_fraud_check) | Assess fraud risk for individual loan applicants |
| [Business Fraud Check](/v3/loan/business_fraud_check)     | Assess fraud risk for business loan applicants   |