JAKARTA - Chief Executive of Financial Services Business Behavior Supervisory, Education, and Consumer Protection of the Financial Services Authority (OJK) Friderica Widyasari Dewi reminded the public not to apply for financing from online loans (pinjol) for consumptive activities, including buying concert tickets.
"All of us at the OJK always provide education to the younger generation so that if we want to buy tickets for idol concerts, we must prepare beforehand, for example by saving money from a few months earlier or using more money," he said after Indonesia Sharia Financial Olympiad (ISFO) in Jakarta, quoted from Antara, Monday 22 May.
He also said that OJK continues to remind the public through various education so that people do not owe through loans to buy music concert tickets because of several high-interest loans that can be burdensome in the future.
Along with the rise of music concerts, many technology-based financial companies offer online-based loans (pinjol) through various advertisements.
Friderica said OJK continues to monitor loan advertisements in order to take action against advertisements that do not comply with the provisions.
另请阅读:
"We have our own department that supervises the market conduct, including advertisements for financial services providers. If the ads are not appropriate, we will summon the organizers, and give warnings and sanctions," he said.
The sanctions given vary, including asking for advertisements to be stopped as OJK has carried out in around 400 loan advertisements that have the potential to harm the community throughout 2022.
"For example, borrowing advertisements that give discounts but the discount period is not clear how long, the terms and conditions do not exist when clicked. We first call them to improve advertising, but if they have been called repeatedly it is still like that, we will give sanctions," he said.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)