The following text has been translated from 'Bahasa' to 'English' while preserving the html tags: "The issue of tuition fees using loans like Pinjol has recently been widely discussed by the public. This phenomenon arose after a post on social media about the method of paying tuition fees using online loan platforms (Pinjol) at the Bandung Institute of Technology (ITB). The social media account uploaded a photo of a pamphlet containing information about monthly tuition installments provided by ITB in collaboration with a third party, namely Danacita."

Andacita also provides information as an official partner of ITB. As for loan applications, there is no down payment and collateral required. Borrowers can choose to make payments within 6 months or 12 months. Meanwhile, in another post, it is informed about the interest charged to borrowers. If borrowers apply for a loan worth Rp12.5 million with a tenure of 12 months, then each month the borrower must pay Rp1,291,667. It is stated that the monthly platform fee is 1.75 percent and the approval fee is 3 percent.

As a Technology-based Joint Funding Service (LPBBTI), Danacita ensures to follow the code of conduct from the Indonesian Joint Funding Fintech Association (AFPI) for LPBBTI. Danacita implements responsible lending practices by ensuring that each funding is adjusted to the recipient's ability, prioritizing the financial well-being of the recipient, who are students and/or guardians, in the long term. The applied fee ranges from 0.07 percent per day, or below the maximum limit set by OJK which is 0.1 percent per day.