Is "AUTO LOAN PMT 000010078962" fraud?

Written by Ethan Patel

June 18th, 2024

About "AUTO LOAN PMT 000010078962"

Auto Loan is a financial institution that has been in business for X years. It specializes in providing a variety of vehicle financing options to customers. The company offers auto loans for new and used vehicles, refinancing options for existing car loans, and lease buyout financing.
  • AUTO LOAN: Indicates the type of transaction; specifically, it refers to an auto loan.
  • PMT: Short for "payment," specifying that this transaction is a payment.
  • 000010078962: Unique identifier or reference number for this specific transaction.
  • Find & fight fraud from anywhere

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for Auto Loan.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn’t match.
    Step 1

    Connect your email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
    Step 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
    Step 3


    Reconcile the charges reported by your financial institution against what you’ve recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.
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