OJK Imbau Masyarakat Be Wise Using Pinjol: Adjust To Payability

JAKARTA - The Financial Services Authority (OJK) asks the public to always prioritize a wise attitude in using online loan services or loans.

OJK Chief Executive of Non-Bank Financial Industry Supervision (IKNB) Ogi Prastomiyono said, there are two important things that must be realized before withdrawing funds through loans.

First, make sure to borrow according to your needs and the ability to pay (pay) a loan. Remember, borrowing is debt," he said on Saturday, August 27.

Meanwhile, the second thing according to Ogi is to make sure to borrow from financial service institutions that are licensed by the Financial Services Authority.

"Be careful of illegal online loans that use names, logos, or identities resembling official financial institutions," he said.

Ogi added, if the public has been entangled in illegal online loans and is experiencing threats, terror or intimidation, immediately report it to the nearest police station.

"If a friend is exposed to illegal online loans and experiences threats, terror or intimidation, immediately report it to the nearest police station," he said.

According to VOI records, as of May 2022, the number of loans licensed and official OJK is 102 companies.

Meanwhile, the amount of funds that has been disbursed by peer-to-peer lending institutions has penetrated Rp262.93 trillion. This value is a recapitulation of the value that has been distributed from 2018 to September 2021.