{"id":15443,"date":"2020-09-18T17:27:32","date_gmt":"2020-09-18T17:27:32","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=15443"},"modified":"2020-09-18T17:27:32","modified_gmt":"2020-09-18T17:27:32","slug":"creditors-warned-of-using-borrowers-ids-as-collateral","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral","title":{"rendered":"CREDITORS WARNED OF USING BORROWERS\u2019 IDS AS COLLATERAL"},"content":{"rendered":"

Author: JAMES NGOYE<\/strong>
\nAfricaPress-Tanzania:<\/strong> THE National Identification Authority (NIDA) has warned financial institutions and other credit facilities of a growing trend of retaining people\u2019s identification cards (IDs) as one of the items on collateral lists.<\/p>\n

NIDA issued the warning after receiving complaints from people over the growing trend by credit entities in the country.<\/p>\n

According to NIDA, some associations and nongovernmental organisations issuing loans to members of the public have been directing borrowers to surrender their IDs as collateral.<\/p>\n

NIDA Information Officer Godfrey Tengeneza told the \u2018africa-press \u2019 that an order had been issued, requiring all lenders who retained people\u2019s IDs to return them to holders immediately.<\/p>\n

\u201cIt is illegal for these creditors to take IDs from borrowers. That\u2019s why we have directed them to return the IDs to the holders or surrender them to any nearby police station as soon as possible,\u201d Mr Tengeneza noted.<\/p>\n

According to Mr Tengeneza, holding a person\u2019s ID is contrary to Section 12(1)&(2) and Section 20(1)(h) of the Registration and Identification of Persons Act, 1986 (R.E 2012). Mr Tengeneza said defiant entities or individuals would face legal action.<\/p>\n","protected":false},"excerpt":{"rendered":"

Author: JAMES NGOYE AfricaPress-Tanzania: THE National Identification Authority (NIDA) has warned financial institutions and other credit facilities of a growing trend of retaining people\u2019s identification cards (IDs) as one of the items on collateral lists. NIDA issued the warning after receiving complaints from people over the growing trend by credit entities in the country. According […]<\/p>\n","protected":false},"author":84,"featured_media":15411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8],"tags":[5849,4080,714],"class_list":["post-15443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","tag-godfrey-tengeneza","tag-ids","tag-nida"],"yoast_head":"\nCREDITORS WARNED OF USING BORROWERS\u2019 IDS AS COLLATERAL - Tanzania<\/title>\n<meta name=\"description\" content=\"THE National Identification Authority (NIDA) has warned financial institutions and other credit facilities of a growing trend of retaining\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CREDITORS WARNED OF USING BORROWERS\u2019 IDS AS COLLATERAL\" \/>\n<meta property=\"og:description\" content=\"THE National Identification Authority (NIDA) has warned financial institutions and other credit facilities of a growing trend of retaining\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-18T17:27:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/09\/f0733d781e9f553c696b24886ed06fb5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"485\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"CREDITORS WARNED OF USING BORROWERS\u2019 IDS AS COLLATERAL\",\"datePublished\":\"2020-09-18T17:27:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral\"},\"wordCount\":194,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/09\/f0733d781e9f553c696b24886ed06fb5.jpg\",\"keywords\":[\"Godfrey Tengeneza\",\"IDs\",\"NIDA\"],\"articleSection\":[\"all news\",\"community\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/community\/creditors-warned-of-using-borrowers-ids-as-collateral\",\"name\":\"CREDITORS WARNED OF USING BORROWERS\u2019 IDS AS COLLATERAL - 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