Victim of identity theft? Here is how to rectify your credit score

Victim of identity theft? Here is how to rectify your credit score

In identity theft cases, a person is not even aware that a loan has been taken in his name. The person generally becomes aware only when the lender starts chasing for repayment or while checking the credit report.

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You can now book a movie ticket, book a cab or buy a flight ticket at the click of a button. The simplicity, however, comes with its inherent risks, as fraudsters can sometimes take over your identity without your knowledge and as much as take a loan in your name. The recent victim of such fraud is Sunny Leone who has claimed that her PAN details were used to take a loan of Rs 2,000 on the fintech platform Dhani Stocks Limited. It is not just Sunny Leone, but a deluge of people has been impacted by the fraudulent use of their PAN by third parties to obtain loans from the company. Dhani Stocks Limited is a part of the Indiabulls Group.

In identity theft cases, worldpaydayloans.com a person is not even aware that a loan has been taken in his name. The person generally becomes aware only when the lender starts chasing for repayment or while checking the credit report. This is why checking your credit report regularly is very important as it showcases not only your past but also existing loans and credit card dues. Read more