OJK calls the loan provider online, interest can reach 50% per annum

Liputan6.com, Bogor – The Financial Services Authority (OJK) has recognized that the presence of financial technology companies based on peer-to-peer (P2P) lending has become a frightening specter for the public.

Indeed, this online loan provider is closely badociated with interest loans that are rated so high. Hendrikus Pbadagi, director of regulation, licensing and supervision of Fintech OJK OJK, said that in fact, the interest on loan had been arranged transparently by each Fintech P2P loan company.

In fact, the interest rate of the loan is also based on an agreement between the lender (the lender) and the borrower (the borrower).

"The interest rate has something to do with the nominal borrowed, how much does the tenor cost, and especially how quickly the borrowers get a loan." Yes, what happens if a low-rate loan? Interest only represents five percent but can not guarantee two weeks (loan), "said Hendrikus in Bogor as written Saturday (10/20/2018).

Hendrikus gave an example, generally for A rating or the highest quality has a loan interest of 10% per annum. This means that the monthly interest on the loans is around 0 to 1% per month.

"If the C is unsecured, it varies between 40 and 50% per year," he said.

He said that the interest rate rating of the loan is adjusted according to the question of whether a guarantee is given to the borrower. If the borrower provides a guarantee, the interest rate may be lower because the collateral will reduce the risk of payment.

Even in this case, whether or not there is a guarantee that both will be served. However, this also determines the interest rate of the loan.

"But when you say that I do not have a guarantee, then the note goes to C. There is no way to say it please. I was granted a unsecured loan, but the interests are the same as those of a bank.Yes, it does not connect, "he said.

Thus, he asked the public to see wisely the amount of interest granted by P2P lending companies. Indeed, the P2P loan process can be convenient for the community.

"We have to be careful to see these numbers.Now it is very easy to get P2P loans.Because people are so easy to open an account.So if you say that the rate of "Interest in P2P is slightly higher than that of credit cards, logical? Because it's fast, so it's served quickly," he said.

Reporter: Dwi Aditya Putra

Source: Merdeka.com