Netray Monitoring: BI Checking Makes It Difficult To Find Work, Netizens Are Galau

Companies need to conduct BI Checking for applicants to find out the integrity of prospective employees. (Unspalsh/Tyler Franta)

JAKARTA - The BI Checking information service has become a topic of conversation among netizens recently. This is because the story of prospective employees who do not pass the recruitment because they have a credit history problem. Reportedly, information on the creditor's history stored by the Debtor Information System can be one of the company's considerations in accepting prospective employees.

The conversation about BI Checking stems from a story shared by the X @kawtus account. From his story, the company where he works rejects prospective employees who are included in the KOL-5. In BI Checking, KOL-5 means bad credit or debtors are in arrears of principal payments and/or interest costs more than 180 days.

"Crazy, 5 fresh people register at work, none of the five have passed because of BI Checking Kol 5, uwaww," tweeted @kawtus.

The @kawtus story invites reactions from netizens. Using the keyword BI Checking, Netray is looking for inFORmation on how much attention netizens pay for the incident and what kind of conversation with netizens?

A total of 2.2 thousand tweets related to the BI Checking keyword were found based on Netray monitoring for the period 20-24 August 2023. The tweets were uploaded by more than a thousand accounts and were able to reach 16.3 million accounts. BI Checking topics attract the attention of netizens which can be seen from the amount of impression that reached 4.5 million reactions.

Then the question is, is BI Checking really important for a company to do with applicants? According to a labor observer from Gadjah Mada University (UGM), Tadjudin Nur Effendi said checking credit history in the Bank Indonesia Debitor Information System (BI Checking) is important.

This is done to see if job applicants in their companies are involved in financial problems with financial institutions. This step was taken, according to Tadjudin, so that the company can ensure prospective workers are responsible for financial management so as to minimize the negative effects that may occur in the future.

The company usually only asks for a certificate whether they (candidates) have problems with financial institutions. If you have a debt, but you can pay it off, that's okay," said Tadjudin, quoted by Antara.

"This is to limit so that people who work don't get involved in a lot of financial problems, then later they work (worried) to be able to do something, such as corruption," Tadjudin added.

This does not mean that a person or prospective worker cannot have a debt. Tadjudin said, checking BI Checking is only to find out whether the applicant can pay off their debt or not is often late in making payments. If the debt payment goes lancer, then BI Checking will be clean.

"BI Checking is important in my opinion, especially for civil servants so that later they do not commit corruption or extortion. Integrity is important," he concluded.

In the past few years, the paylater payment method has also grown rapidly in Indonesia. According to OJK spokesman Sekar Putih Djarot, the Paylater is a term that refers to payment transactions or services. Basically, the service delays payments or debts that must be repaid in the future, "said the Ministry of Finance.go.id.

This paylater payment method is quite popular with the Indonesian people because basically we can buy goods without having to pay directly but instead we have to pay every month.

The concept of this papaylater is also used on almost all online shopping platforms in the country. The existence of the papaylater then makes people more consumptive. The ease of this papaylater encourages people to buy something that is not as needed, because of the convenience without having to pay it off at the beginning. No wonder young people are also entangled in this paylater payment method.

OJK noted that the number of Buy Now Pay Later user contracts grew by 18.18 million contracts or 33.5% on an annual basis (YoY) to 72.88 million contracts as of May 2023. In the same period in the previous year, buy now pay later users were 54.70 million contracts. Kredivo, a pioneer buy now pay later company, said it had more than seven million users spread across the country.

On the one hand, the phenomenon ofpaylat can help people who have urgent needs. But on the other hand, the pallater encourages people to behave consumptively, to pay for goods that are not as needed.

To the Executive of the Financial Services Business Behavior Supervisory, Education and Consumer Protection OJK Federica Widyasari Dewi said that the arrears in installments of Paylaters made many young people unable to apply for Home Ownership Loans (KPR).

Paylater ini sudah ternyata. Beberapa bank kemarin mengeluhkan ke kami, anak-anak muda banyak yang seharusnya mengajun KPR rumah pertama, tapi nggak bisa karena ada utang paylater. Sekor Rp300 ribu, Rp400 ribu, kemudian menjadi uangcredit score-nya, ujar Kiki, dikutipAntara.

Currently, paylater services have been recorded in the Financial Information Service System (SLIK) OJK or formerly known as BI Checking. Thus, if there is arrears, it will affect the scoring credit in question.

From January to July 2023, the OJK has received 169,601 service requests, including 12,175 complaints, 36 complaints with indications of violations, and 1,187 disputes included in the Financial Services Sector Dispute Settlement Alternative Institution (LAPS SJK).

From these complaints, 5,656 are complaints from the banking sector, 2,913 complaints from the industrial technology (fintech), 2,379 complaints from the finance company industry, 1,008 complaints from the insurance industry, and the rest are services from the capital market sector and other IKNB.

Kiki reminded the younger generation to be careful in making decisions related to family life along with the rise of cases of young people being entangled in online loans (pinjol) and the like throughout 2023. Furthermore, he advised young people to use various services as needed.

"Young people have to be careful. The future can be disrupted if from now on they are not careful in managing money, in debt like that," said Kiki.

"You have to understand financial products and services. Use what is right according to your needs. Don't be big pegs than poles, don't get entangled," said Kiki.