JAKARTA - The Financial Services Authority (OJK) through the Illegal Financial Activity Eradication Task Force (Satgas Pasti) has again blocked illegal online loan entities (pinjol) as well as private loan offers (pinpri) that have the potential to harm the community, including the risk of misuse of personal data.
In January 2023, the Task Force succeeded in blocking 233 illegal loan providers on applications and websites, as well as 78 Pinpri offering content.
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"The Task Force must remind the public to remain vigilant and avoid the use of illegal online loans or personal loans," the Task Force wrote in its official statement, Tuesday, February 13.
From 2017 to January 31, 2024, the Task Force must have taken action against 8,460 illegal financial entities, consisting of 1,218 illegal investment entities, 251 illegal pawning entities, and 6,991 illegal or pinpri loan entities. The legal loan list can be accessed on the OJK website.
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