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Is Danamas Online Loan Legal? Find Out More Information and Application Guide

DIY NEWS The following is information about immediately disbursing IDR 7.5 million without e-KTP capital collateral, is the Danamas online loan legal or illegal? Check out more details here.

Online loans, often called pinjol, are a practical solution in financial services to obtain funds in a fast process.

Through this online loan platform, people can apply for loans without needing to provide collateral. However, negative impacts can also arise as a result.

Late payments from borrowers on loans can lead to scary situations. User data security is also a concern in this loan application transaction.

Also read: Restructuring but DC is still terror after Galbay, here’s how to stop billing and register for OJK loans without DC

This article aims to discuss online loan applications that are legal and supervised by the Financial Services Authority (OJK) to avoid unwanted risks.

One of the online lending platforms that has been regulated and monitored by the OJK is Danamas, which focuses primarily on peer to peer lending (P2P lending) services.

Danamas plays a role in the realm of financial technology, especially in providing online loan services to develop micro, small and medium enterprises (MSMEs).

On the Danamas platform which has been permitted by the OJK, the steps for applying for a loan of up to IDR 7,500,000 can be done easily, here is the guide:

2023-11-06 11:30:00
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