he Financial Services Authority (OJK) reported that non-performing loans in the online lending industry reached Rp 2.01 trillion as of December 2024, with individual borrowers making up 74.74% of the total. Learn more.
South Tangerang Police established that the deaths of a family of tree in East Ciputat on December 15 2024 was de to fincancial distress linked to online loans and gambling. Learn more.
The Ministry of Communication and Digital stated that 43,063 content, accounts, and sites affiliated with online gambling from January 1st-6th, 2025, have been banned.
The Financial Services Authority revealed that illegal online loan, locally known pinjol, services continue to proliferate despite numerous closures, as their servers are often located overseas.
