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A microloan issued using a passport photo and SMS to someone else's number cannot automatically be considered legal, the Supreme Court ruled. According to the court, the lenders must verify the identity of the signatory of the agreement.

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Lord Of War · · Source

A microloan issued using a passport photo and SMS to someone else's number cannot automatically be considered legal, the Supreme Court ruled. According to the court, the lenders must verify the identity of the signatory of the agreement.

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