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Credit Bureaus Should Alert Customers for Every New Enquiry or Borrowing to Prevent Loan Frauds: Dhani Loans - Vimarsana News

Credit Bureaus Should Alert Customers for Every New Enquiry or Borrowing to Prevent Loan Frauds: Dhani Loans

After facing public outrage over unaccounted loans appearing on the credit reports of people Dhani Loans and Services Ltd (Dhani) has called for a joint action from the digital lending sector to deal with the problem at a systemic.

Ghost Loans by Faulty Fin-tech: Credit Bureaus Should Send Real-time Alert about Change in Credit Reports - Vimarsana News

Ghost Loans by Faulty Fin-tech: Credit Bureaus Should Send Real-time Alert about Change in Credit Reports

The issue of ghost loans or fake loans that can wreck a person’s credit report burst into the public domain when a large number of people began to discover that their credit scores had plummeted or their credit reports contained incorrect information about loans they had never availed.