A growing scam in India is using stolen PAN details to apply for and secure loans without the victim’s consent. These fraudulent accounts can rapidly damage credit scores, making future borrowing harder. Victims are urged to act immediately—contact lenders, file a police complaint, and update credit bureaus—while pushing for stronger, secure data-sharing practices.
The BHIM app has integrated TransUnion CIBIL’s consumer CIBIL Score and Credit Information Report, letting users view and track credit details within the app. Access works on customer consent, and the article explains how to check your score and raise a dispute if any information is inaccurate—aiming to make corrections simpler and faster.
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Proptech startup Helium has raised Rs 5 crore from investors including Kunal Shah and Albinder Dhindsa. The company will use the funding for product development and marketing, running a rental model where it leases homes directly from owners and pays security deposits upfront. Tenants pay a deposit linked to their credit profile, reshaping how deposits are priced on the platform.
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