Despite information and preventive actions of the Police, extortions of loans and credits are still a serious problem. Data from the Association of Polish Banks indicate that in the fourth quarter of 2016, criminals tried to obtain at least 1920 loans.
Many attempts have been thwarted by the police and banks
The activities of criminals have been hindered by the Restricted Documents system operated by the Polish Bank Association for a long time. Until recently, loan companies did not have a similar system, as they increasingly fall victim to criminals who make means using someone else’s personal data.
In Q1 2017, such delusions were hampered by the launch of the Safe PESEL system. Now every Pole can protect himself against taking a non-bank loan using his data.
After the PESEL reserves the offender will not take out a quick loan
It is worth noting that loan companies did not activate the described collateral due to some statutory requirements. Lenders belonging to the Association of Loan Companies (ZFP) simply decided to respond to the growing threat from criminals. It is hard to hide that the mechanism of action of lenders paying funds via the Internet encourages to cheat money.
This practice also means trouble for lending companies, who later have problems with recovering funds. In response to criminals’ activities, the lenders have launched a special Safe PESEL register together with the international company CRIF, which is experienced in implementing similar projects.
The new register is based on the “credit freeze” mechanism
This means that a consumer who reserves his personal data in the Safe PESEL system declares that he is not interested in loan companies’ offers. Such a declaration later prevents a person who stole personal data from taking a quick loan. Importantly, the blockade of the loan companies’ offer may be revoked by the same person who started it.
The Secure PESEL system also allows you to report the theft of personal data (including its reservation). Such a notification is a signal to the lender and indicates that there is an increased risk of obtaining a loan “on the person”. The effectiveness of the Safe PESEL system in practice should be high, as it is used by leading lenders. This group includes, among others, the following loan companies.
The results of the described system should also be positively influenced by its availability for all Internet users. It is worth emphasizing that the consumer can freely reserve data in the Safe PESEL system.
This procedure requires only filling out the form with personal data and sending two scans of your ID card. The originators of the described system emphasize that people who reserve their PESEL number do not have to be afraid of passing on their data to lenders (for purposes related to offering loans).
Despite better security, you still need to watch your data
The launch of the Safe PESEL system will definitely increase the degree of digital security of Poles. Thanks to ZFP’s activities, the loan industry offers a similar degree of protection against fraud as domestic banks. It is possible that more loan companies will soon join the new system.
Despite launching new solutions to increase protection against extortion of loans and credits, consumers cannot forget about the basic principles of securing personal data. A person who wants to be financially secure should:
- avoids throwing documents to the trash that contain confidential data (e.g. name, address and PESEL number)
- refuse to leave your ID as a lien (e.g. when renting sports equipment)
- regularly update anti-virus software and do not install applications of unknown origin (note: this rule also applies to mobile devices – smartphones and tablets)
Especially cautious consumers may additionally use the special notification service which is sent at the time of applying for a loan.