Dream - Ahead of Eid al-Fitr 2023, the Financial Services Authority (OJK), through the Investment Alert Task Force (SWI), reminds the public to be cautious and not be tempted by illegal online investment and loan offers (online loans).
The Chairman of SWI, Tongam L Tobing, said that the public must ensure the legality or permission from the company offering the investment. Then, based on logical considerations regarding the promised level of profit.
"The Investment Alert Task Force also reminds the public not to be trapped in online loan offers with very easy conditions, fast processes, but without permits (illegal), because it will only cause difficulties in the future," said Tongam. quoted from Liputan6.com, Thursday, April 6, 2023.
Check the Legality of Online Loans
Tongam added that the public can check the legality of an entity by visiting the website of the supervising authority, namely on the page OJK.
Information on legality can also be obtained through OJK contact 157 or WA 081157157157.
If the public finds suspicious or alleged illegal investment or loan offers, they can report them via email konsumen@ojk.go.id, or email: waspadainvestasi@ojk.go.id.
Previously, a member of the OJK Board of Commissioners for Education and Consumer Protection, Friderica Widyasari Dewi, believed that people are often tempted to borrow money before Eid due to consumptive needs.
"But the danger is, before Eid, it is certainly for consumptive purposes. They want to meet their families in the village, want to buy new gadgets," said Friderica some time ago.
According to the woman who is often called Kiki, borrowed debts can be dangerous because they will make people struggle with high interest installments.
"That's dangerous, because that's what will entrap people when they have finished their visits, return to their daily lives, and have to pay off debts with moving interest rates. Not to mention if they choose illegal online loans," she said.
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In her research, Kiki stated that online loan users sometimes already have previous debts.
"So, these people already have problems, they dig a hole, and cover a hole," she added.
One characteristic of illegal online loans that needs to be noted by the public is that they often offer their products directly to personal accounts.
"So, we can see that there are legal and illegal online loans. Actually, one thing that is easiest to notice is that legal online loans are not allowed to be offered through WA, SMS, private channels, that's not allowed," she emphasized.
Disclaimer: This translation from Bahasa Indonesia to English has been generated by Artificial Intelligence.