> ## 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

**1. Submit the application**

Send the applicant's BVN (individual) or RC number (business) along with their financial details to the fraud check endpoint.

**2. Credit report retrieval**

The system fetches the applicant's current credit history from integrated credit bureaus.

**3. 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.

**4. Receive recommendation**

The API returns the computed score alongside a clear recommendation for your loan approval workflow.

## Key Features

> [card] Real-Time Credit Data
>
> Fetches up-to-date credit histories for a dynamic risk evaluation basis.

> [card] Actionable Recommendations
>
> Returns clear Approve, Review, or Reject guidance for each application.

> [card] Individual & Business
>
> Supports both individual applicants (BVN) and business applicants (RC number).

> [card] Data Validation
>
> Strict validation at the model and serializer levels ensures data integrity.

## Endpoints

| Endpoint | Description |
| - | - |
| [Individual Fraud Check](https://docs.smartcomply.com/v3/loan/individual_fraud_check.md) | Assess fraud risk for individual loan applicants |
| [Business Fraud Check](https://docs.smartcomply.com/v3/loan/business_fraud_check.md) | Assess fraud risk for business loan applicants |


This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.