Online loans are now a favorite of the Indonesian community. This can be proven by eliminating online lenders. Although there are many, there are only some of the best online loans. How do I know? Check out the tips and tricks below!
With the advancement of technology and the smoothness of the internet network in Indonesia, online lending has become one of the most popular types of lending. Just keep in mind that over the last few years, we have found dozens of fintech companies providing online loans.
In fact, it can also be a sign that the economic needs of the people are still incompatible with the income that we may not need to incur when we are in desperate need of funds or because there is an urgent need that cannot be delayed.
Benefits of Online Loans
It is questionable why online lending is so popular today and the public is moving away from conventional bank lending to online lending. But if you look at it, the best online lending offers many benefits to its borrowers such as:
The filing process is very easy
The best online lending has a very easy application process as it can be applied online. That way, you don’t have to worry about coming to a lender such as a bank or lending institution and lining up. With just your phone and internet connection, you can apply for a straight online loan.
The disbursement of the funds can take one day
As submitted online, the liquidity of the funds can quickly dissipate. The best online loan rates can be found in just a few days. Some are actually liquid in just one day. How can a monthly online loan be liquid? This is because of the data and requirements documents provided in digital form that can be processed directly by the lender on that day. Please note that all the data and documents provided in the physical form must be digitally entered so that the lender will work twice.
Can be used for anything
Unlike other types of loans that are intended for specific purposes only, the best online loans can be used for any purpose. You can use these loan funds like venture capital, home remodeling, education funds, wedding capital, hospital treatment, vacation expenses, and even repairing vehicles damaged by the accident.
The requirements are very easy to meet
The best online loans have requirements that are very easy to fill. Although each provider sets different requirements, it does require an average ID (Citizenship Card), Personal Identification Number, Tax slip, payslip, and newspaper accounts. With these few conditions, people are more likely to comply. Prepare the terms of the document in digital form, so be sure to scan everything first.
With so many benefits above, who isn’t easily tempted?
Tips and Tricks for Choosing a Secure and Trusted Online Loan
But you need to know that not all online loans in Indonesia are safe and reliable because there are rare cases of fraud that could harm you. Therefore, to choose the best online lender, take a look at the tips and tricks below!
Already Registered in OJK
First, always choose the best online loan application registered with the OJK (Financial Services Authority) because the online loan application listed in the OJK means that they are under surveillance so that they cannot cheat or harm the borrower. If you want to know the latest updates on the list of online loan applications listed on OJK.
Have an Official Office
Also, see if the best online loan application has been registered at the FSA, another trick is to see if the online loan application has an official who can track you through Google Maps. The existence of the official office of the best online loan application is crucial so that in the event of an unwanted risk, you can claim it by going to their official office. That way, you can believe that the online loan application you choose is not a fraudulent loan alias.
No Payment Terms
There are actually simple tricks that can prove that the best online loan application you choose is safe and reliable, by looking at whether they are requesting a refund. If the best online loan applications ask for some funds to stop the disbursement of your loan, then they definitely intend to trick you as there are no online loan applications that require a down payment.
No Request for Banking Data
In addition to not requesting a refund as a prerequisite to disbursing a loan, a secure and trusted online loan application never asks for your banking data. Remember, they usually only ask for your account number! Not other banking data such as your maiden name, credit card number, etc. So always be aware that there are online loan applications that ask for your banking data.
Good Credit Becomes the Best and Secure Online Loan
In fact you don’t have to worry about finding the best online lender in Indonesia because of Good Credit. Good Credit is the best online loan applications that have been registered with the FSA since 2017. There are two types of online loans granted by Good Credit, the Short-Term Loans and Installment Loans. To short-term loans are divided into two loans and loan Fast Way to provides loans ranging from $ 50 to $ 5 million with a 10-30 day installment period. As for the loan installment is also divided into two loans and loan Premier Way + + which provides loans ranging from USD 4 million to USD 20 million with maturities of installments ranging from 3-6 months.
Applying for a loan online at Good Credit is also very easy. First, you need to download the Good Credit application. Then sign up before you can login . After successfully logging in , you will need to complete your personal data and upload the required documents. After all, you just have to choose the loan number you want and the loan term. If so, then click start submission. Wait for the submission to be processed within 1-3 business days. If your application is approved, the funds will be liquidated directly through the savings account you provided earlier.
By applying for the best online loan at Good Credit, you do not have to worry about the risk of fraud happening! But do not forget to always pay the installments on time until the payment is made!