An identity card is the most important document that you must guard very carefully. If it falls into the wrong hands, it can cause us problems, such as loans or installment purchases incurred on our behalf. Do online lenders have the right to ask us for a scan of evidence?
The offer of parabanks is attractive due to the speed of provided services and the fact that they do not require going to the company’s headquarters. This does not mean, however, that the borrower is exempt from the obligation to confirm his identity. What to do if you are asked to send an ID card scan? Can offers in which non-bank loans are a necessary condition to be considered safe non-bank loans?
Lending and identity theft
It is not difficult to imagine the situation in which an uploaded ID card scan is distributed on the Internet. For this reason, the Inspector General for Personal Data issued a statement in which he emphasized that scanning and sending copies of identity documents should be carefully analyzed each time.
Lenders secure themselves by asking them to confirm their identity in such a way as to avoid the risk of online loans being granted to non-existent persons. For this reason, some parabank offers require a scan of ID card or other identity document as a prerequisite. It is worth knowing that as consumers we have the right to opt out of such an offer and look for another one in which our identity will be verified differently. For this purpose, it may be useful to rank the payday loans that compare verification methods. However, what if the instant loan suits us in terms of the overall cost and the only doubt remains the sending of proof?
Can the parabank demand a scan of evidence from us?
ID card scans are most often needed by companies that provide their services remotely and belong to the financial or telecommunications sector. Traditional banks ask for this type of document when setting up a bank account or as a supplement to documentation for a loan, eg a mortgage. Sometimes, loan companies also ask for proof scans, but it’s worth knowing that this is not the only possible way to verify your identity!
A loan can be granted, for example, to the account from which the so-called verification transfer. Renowned brands with a long tradition have their own dedicated mobile applications that enable their users to make quick loans without scanning any documents.
These types of companies have the right to request clients an ID card scan, but of course the customer has the right to refuse them. In this case, the offer will probably not be redeemed.
How to securely send a scan of evidence?
If our selected parabank does not provide an alternative option of identity verification, and we are determined to offer it, we should ensure that a copy of the proof is as secure as possible.
For this purpose, you should find out from the lender what data from your ID card will be relevant to him and mask the rest in the graphics program. Sometimes, to provide an online loan, you only need to confirm your name and surname, eg your date of birth – in this case your number and ID number may be masked. However, if the parabank needs all of the above-mentioned data, you can try to scan on the proof of watermark with the text that this copy can only be used for a specific period of time by a particular parabank. However, this will not save us from the situation when a possible bystander will read the data and use them without removing the proof.
Secure non-bank loans and bank loans
A very good way to take care of your finances is to use the services of the Credit Information Bureau – the so-called BIK alerts. The cost of such a service is about twenty dollars for the whole calendar year. What are the alerts? Every time a credit or loan application is submitted (in any institution), an SMS is sent to our number with information about this fact. Thanks to this, you can guard against the financial consequences of possible identity theft.