Today I saw a news in the famous online newspaper in Indonesia
Fintec is booming
What is fintec?
Fintec is more simply called financial financial technology
What is happening today ?
Indonesia is booming with fintec because loans that are given instantly without being difficult like in banks and lending are only with an identity.
What is the problem ?
Indonesian citizens are very angry with the applications that are spread in Playstor as well as advertisement advertisements all over the internet that are branded online loan fintec technology loans that are only given with a close limit of 14 days or 30 days with very large interest rates
And if it's too late to pay in a few days the interest gets crazy, it can be above 40% in a few days
If you don't pay as soon as possible the lenders spread valuable information about borrower's data and berate the borrower
How very evil Fintec is in Indonesia
Many Indonesians are disadvantaged and there are no aggressive actions from several legal actions to protect the people
Give your response, friend?
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