As mentioned earlier, a secured loan is a legal loan that is characterized by an OJK license. To quote Kompas.com, it is said that the loan application is illegal if the money loan mechanism offered violates the regulations and can harm the community. This transparency is one of the prerequisites for a list of legal online loans. Unfortunately, these quick and easy procedures and requirements don`t go hand in hand with good customer service. Illegal borrowers often weigh on their customers by charging high interest rates, forcing access to customers` personal data, and using inhumane means of collection. In addition, companies that register legal online loans must automatically comply with regulations, ethics and conduct in accordance with applicable regulations so that consumers are not harmed. Unfortunately, the OJK cannot interfere in the issue of regulating the amount of such interest. Therefore, you should be selective when choosing a loan by comparing the amount of interest on one loan with the interest on another loan. Like clarity on the duration of interest and fees for prospects so that you don`t get into a problematic online loan case. But if it has not been registered, it is clear that the online fund provider company is a scam. You should avoid fintech companies that have not been registered with the OJK as the risks are very high. Be sure to apply for a loan from a legal fintech.
Determining the list of legal online loans is quite simple. You can find out on OJK`s official website or check out the full list of legal loans online at Lifepal. The online loan application aka pinjol is a FinTech or fintech platform that provides credit financing services to the public. These loans are usually unsecured or without an asset being used as collateral for the loan. Typically, online lending is supported by a P2P loan company or online financial institution. The Investment Alert Working Group (SWI) formed by the OJK has published hundreds of online credit funds that are not registered or illegal in stages. In February 2022, the OJK again blocked 50 illegal borrowers. Before you borrow from FinTech, first look at the tips for using a credit card for beginners, as these tips also apply if you`re using an online loan application. Primarily, you need to determine the amount of an online loan based on your financial possibilities.
Do not be seduced by an unsecured loan of 20 million IDR when in reality it will be difficult to pay it. In order not to be fooled by illegal services, below is a list of legal credit companies registered with the OJK in 2022. Before applying for a loan, you need to choose an app that offers clear and easy-to-contact customer service. Pay attention to phone numbers, emails, business addresses, even branches whenever possible. The goal is that if there is an urgent need later, you can contact them directly and get a quick response. Legal online loan applications are usually easy to contact compared to illegal borrowers who don`t have customer service and are trying to hide their business identity. Read also: Don`t be a victim, here is the latest list of illegal loans in August 2022 Here is a list of official OJK 2021 loans that have been released (OJK 2021 loans or OJK 2021 loans): If you need money, here is a list of legal and authorized online loans with the OJK in March 2022. to get a low-interest online loan, right? Beware of credit providers who often only call to offer loans, as they could be an illegal credit provider. Make sure your list of online legal loans of your choice includes a clear phone contact, email address, and office address. The fourth way to check illegal or legal loans is via email. Verification of the legal status of loans can also be done by contacting the OJK email at konsumen@ojk.go.id. Here are 4 ways to check if the loan is legal or illegal, as stated by the official website of Indonesiabaik.id: Since not all online loan applications have legal status, the following CekPremi also includes a list of online loan applications that have not been registered or are not authorized by the OJK.
For this reason, official online loans are often used as the best solution to help people meet their urgent financial needs, and there are no emergency funds. If you want to use The FinTech services, first make sure that the app has been officially registered with the OJK in order to be legally protected. This way, all the transactions you make can be done smoothly, safely and conveniently. Below is a complete list of official online loan applications that have a commercial license from the OJK. Not only to avoid the arbitrary behavior of fintech companies towards their customers. Customers are also protected by law. To help you avoid all the dangers of illegal lending, you can find a full list of online loan applications registered with the OJK here at CekPremi, as well as illegal or unregistered online loan applications with the OJK from 2021. 16. PinjamanGOwww.pinjamango.co.idPT Inclusive Loan Fund The OJK Investment Alert working group also urged the public to always be aware of the existence of illegal online lenders. Be proactive. Be sure to research and check the customer service of the loan in question. The official online loan offers ready and easy to contact contact services.
In its existence, there are now a number of online loans registered with the OJK. Yet there are many other online loans that operate without the permission and supervision of the Financial Services Authority (OJK). This is called illegal borrowing. The average interest on online loans per day is 0.05% at a maximum of 0.8%. This means that a month is 1.5% to 24%. This interest rate setting applies to legal fintech or a list of legal loans online and in accordance with the provisions of the OJK. Often, potential customers are tempted by the lure of unconditional loans that fintech companies often repeat, or by other soft promises. Many online loan fund providers claim to be fast in the application and withdrawal process. But in fact, not all online loans are fast. There are several important criteria that you need to consider before deciding to apply for a loan online.
Here are some of them: Here is the list of illegal loans and official loans registered with the OJK until August 2022, and how to know the characteristics of illegal and legal loans. Avoid illegal loans so you don`t get fooled. Don`t click on links or contact contacts who offer illegal online loan offers on SMS or WhatsApp. Also, don`t be seduced by illegal online loan offers via SMS or WhatsApp that offer fast unsecured loans. If you receive an SMS or WhatsApp offer from an illegal online loan application and it turns out after verification that it is not registered with the OJK, delete and block the number immediately. Usually, when the people who receive the loan are satisfied with the services of the loan provider, they will give a positive opinion. This way, customers know what the fees are when disbursing loan funds online. Various urgent and unexpected needs of life make online loans (Pinjol) a practical solution to help people`s finances. Official online loans can provide funds to meet a variety of needs.