What Is Slik OJK: Here's An Explanation And Use

What Is Slik OJK (Image @ cookies_studio - Freepik)

YOGYAKARTA - If you had applied for credit to a bank, be it productive credit or consumptive credit, you could have heard the term SLIK OJK. SLIK OJK or more well known as BI checking is one of the required documents by the bank to recognize whether a person is worthy of credit or not.

If after checking SLIK OJK in fact the person is declared not to meet the standards, until perhaps the large credit application to the bank will be rejected. To understand further about SLIK OJK, the benefits, and methods of making it, follow the full description below!

Before being known for his new name, SLIK OJK was previously referred to as BI checking. BI checking itself is a credit history check procedure for prospective debtors through the Bank Indonesia Debtor Information System. If a person faces a credit refusal, it could be caused by his poor collectibility in the Debtor Information System.

As of January 1, 2018, checking credit scores, which was previously carried out directly by Bank Indonesia, was transferred to the Financial Services Authority or OJK as the regulator and supervisor of financial activities in the country. His name has also changed to a Financial Information Service System or SLIK.

Under OJK's responsibility, SLIK carries out the task of supervising and sharing financial data. One of them is the provision of iDeb or debtor data. The coverage is also expanded, not only checking iDeb for bank financial institutions but also non-bank financial institutions that have access to debtor data.

All of these institutions must distribute debtor information reports to SID so that they are always updated. Not only that, SLIK is also used to carry out reporting, providing funds, and other information from residents, financial institutions, credit institutions, and various other parties.

With this more integrated system, residents can feel the convenience of applying for a loan. The existence of LYK is also expected to reduce the number of problematic NPLs (non-performing loans) or credits.

Anything For OJK SLIK?

As stated in the early days of the post, the SLIK OJK in general is one of the files requested in the credit application process. By looking at the debtor's information on checking information, banks or financial institutions can carry out an assessment of the credit eligibility of a person. Some of the benefits of LYK OJK include:

You can use SLIK OJK information to help the process of applying for Home Ownership Loans (KPR), KTA (No Loans), Multipurpose Loans, and so on.

How Is The Tip To Take Care Of The OJK LYK?

Taking care of OJK SLIK can be tried using 2 methods, namely offline and online. To take care of it offline, you can arrive directly at the OJK office in your city.

OJK SLIK Method Offline

There are some things you need to know before making the OJK SLIK offline. Anything?

How To Create OJK SLIK Online

If you want to do it in an easier way, you can take care of SLIK online. The steps are:

In the document, the debtor's credit score status will usually be included. This status can be seen from the number of arrears in the last 24 months.

So after knowing what LYK OJK is, see other interesting news on VOI, it's time to revolutionize news!