💨 Abstract

In the digital lending era, protecting personal details is crucial to prevent identity theft and micro-loan scams. These scams involve fraudsters using your PAN and Aadhaar card details to take out small, short-term loans in your name. Scammers often get details by phishing, hacking, or misusing IDs provided during hotel check-ins or public network usage. To detect fake loans, regularly check your credit report for unexpected accounts.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖