Compensated for a loan that never was

Updated 2017-04-07 10:00:58 Shanghai Daily

A man who paid toward a bank loan he had never taken out has been refunded, according to the Pudong New Area People's Court.

In Febuary 2015, the man surnamed Qian was told that he owed 18,000 yuan (,610) to a privately owned bank when he went to it to apply for a mortgage. Citing a bad credit history, the bank, whose name wasn't revealed, refused his request, the court said.

But Qian had never applied for or used the type of credit card, cited as being used to obtain the loan, and he had never received letters about a loan from the bank.

After police intervened, it was revealed that a fraudster had used Qian's ID to obtain a bank card in 2008 and owed 8,200 yuan to the bank. Over years, the debts rolled up to 18,000 yuan, the court said.

However, as Qian had signed a contract with a landlord and needed money to afford it, he negotiated with the bank and agreed to pay the bank 8,200 yuan and was duly granted a mortgage, the court said.

Qian later regretted paying toward a loan he said he had never taken out and sued the bank, demanding the money back and compensation, the court said.

He blamed the bank for not properly checking the fraudster's identity, which had caused Qian to be placed on a credit blacklist for seven years.

The bank said Qian was to blame for leaking his personal information, and said it had reached an agreement on the matter two years ago.

The bank had offered 8,800 yuan to Qian, the court said.

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