OJK urges people to report illegal online lenders to the police

For those who have borrowed from illegal online lenders and have been charged, please report them to the police

Solo, Central Java (ANTARA) – The Financial Services Authority (OJK) has urged those caught in the clutches of illegal online lenders to come forward and report them to the police so that action can be taken without delay against lenders.

“For those who have borrowed from illegal online moneylenders and have been charged, please report them to the police,” Financial Services Authority board of commissioners chairman Wimboh Santoso told Solo on Monday.

He said that so far, OJK had issued licenses to 104 legal online lending services. He then asked the public to use legal services instead.

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“But, if there is any online lending that is legal (but) unruly, report it to the Financial Services Authority and report those breaking the law to the police. In the meantime, if there are any illegal loans outside of 104 (registered with us) please report them to the Financial Services Authority For those who have borrowed illegal loans and been charged (by them) please report them to the police as this is illegal,” he added.

So far, the OJK is still releasing information to the public so that they are not tempted to apply for loans online from parties who do not have a license, he said.

Meanwhile, Surakarta Mayor Gibran Rakabuming Raka said his administration receives daily reports regarding online lending.

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“There are many victims, there are several but not hundreds (per day). They complain about billing problems”, he informed.

He added that people have also complained about the misuse of their name or identity card.

“(It has) been reported to the police, we are also coordinating with the Financial Services Authority. This (illegal lending) has gone down a bit, but the reports are still coming in every day,” he added.



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