5. Converting loans into temporary capital participation
6. Extending the credit period through restructuring can reduce monthly installments, but the total debt payment obligations will be greater.
2. Negotiate with loan service providers to reduce loan interest
One solution to ease the burden of online loan debt is to negotiate with loan service providers to reduce loan interest.
Lower loan interest can reduce the loan amount and interest that must be paid, making it easier for borrowers to pay off debt.
Reporting if billing occurs that does not comply with procedures
If people experience unpleasant charges, such as threats, harassment, intimidation or other losses, they can report it to the authorities.
The first step is to collect evidence, such as conversation recordings, short messages, or photos and videos. This evidence can be used as a basis for reporting the collection.
The public can report the billing to the police, the Indonesian Joint Funding Fintech Association (AFPI), the Indonesian Consumers Foundation (YLKI), or the Financial Services Authority (OJK).
Apart from that, the public can also report illegal online loan applications found to the authorities, namely the Investment Alert Task Force (SWI), the Ministry of Communication and Information (Kominfo), and the Police.
So those are some of the latest legal galbay pinjol solutions for 2023 that you can do when you are caught in a legal online loan bill.
Always be alert when making a loan from any online loan service. First, make sure that all services offered by online loans are registered and supervised by the OJK.
Conclusion
The safest and easiest solution for the newest legal galbay loan in 2023 is to apply for loan restructuring, negotiate with the loan service provider to reduce loan interest, or report collections that do not comply with procedures. (*)