Dhani fake loan episode exposes big holes in digital lending

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some users of the Dhani Loans and Services app started complaining about unknown parties misusing their PAN card details to seek loans on the platform

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Alleging that their PAN card details were used by unknown people to avail loans via Dhani

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some have complained that they are facing show-cause notices by collection agents for loans they never took.

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Complainants added that their credit scores have also been impacted

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as credit reports have listed loans they had never availed as defaults.

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