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Jakarta Post
The Jakarta Post
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Online loans: Easy and practical, but too costly

  • Boy Hazuki Rizal

Jakarta | Mon, January 29 2018 | 01:01 am

PREMIUM Online borrowing is gaining popularity in Indonesia, as it is now easy for people to use the internet to access funds.

There are 28 financial technology (fintech) startups that are already registered with the Financial Services Authority (OJK). These fintech startups offer financing and money lending through their websites or apps, which can be downloaded freely.

The online borrowin...

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