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 people caught in the clutches of illegal online lenders to come forward and report them to the police so action can be initiated against the lenders without delay.

"For those who have borrowed from illegal online lenders and have been charged, please report them to the police," chairman of the Board of Commissioners of the Financial Services Authority, Wimboh Santoso, said in Solo on Monday.

He said that so far, OJK has issued permits to 104 legal online loan services. He then asked the public to utilize the legal services instead.

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"But, if there is an online loan that is legal (but) unruly, report it to the Financial Services Authority, and report those who violate the law to the police. Meanwhile, if there are illegal loans outside the 104 (registered to us), please report them to the Financial Services Authority. For those who have borrowed illegal loans and were charged (by them), please report them to the police, because it is illegal," he added.

Until now, OJK is still disseminating information to the public so that they are not tempted to apply for online loans from parties who do not have permits, he informed.

Meanwhile, Surakarta Mayor, Gibran Rakabuming Raka, said his administration has been receiving reports related to online loans on a daily basis.

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

He said that people have also complained about the misuse of their names or identity cards.

"(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 reports are still coming every day," he added.

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Translator: Aris Wasita, Mecca Yumna
Editor: Fardah Assegaf
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