Man sets himself on fire after bank reduces credit limit

PUBLISHED : Friday, 01 March, 2013, 1:41pm
UPDATED : Friday, 01 March, 2013, 3:21pm

A Zhejiang resident on Thursday set himself on fire in a bank after he was told it had reduced the amount of money he could use on his credit card, the Wenzhou Economic Daily reported on Friday.

The man had visited a bank in Wenzhou to ask staff why his credit card limit had been restricted, the report said.

Staff told him banks automatically reduce people’s credit levels when they accumulate large debts. The man became emotional and struck a table.

Witnesses said he then took some liquid from his bag and poured it over himself before igniting it with a cigarette lighter

People nearby, including bank staff, quickly extinguished the fire. The man, who suffered injuries, was rushed to hospital. The Daily reported that he was in a stable condition.

Most bank systems in China reduce levels of credit on cards if their holders repeatedly fail to pay off their debts.