Seputarkarawang.com - Karawang, The mistaken belief regarding online loan debt (pinjol) which is considered to be automatically paid off after 90 days of arrears is now backfiring on society. Many are trapped in the myth that after three months, the obligation to pay will disappear by itself. In fact, based on OJK Regulation no. 10/POJK.05/2022, delays of more than 90 days actually drag customers into the brink of bad credit or TWP 90, the status of which remains forever until the debt is completely repaid.The Financial Services Authority (OJK) emphasized that the identity of customers who fail to pay (galbay) will be immediately reported to the Financial Information Services System (SLIK OJK). Entering a borrower's name on this blacklist has fatal consequences: they will be blocked from all future access to bank loans, mortgages and vehicle loans. Apart from that, the legal loan interest charge of 0.4% per day is still calculated, so the value of the debt will certainly increase many times the initial loan.
Even though the duration of the arrears exceeds 90 days, the loan organizer still has full legal rights to collect repayment. OJK firmly states that it will not provide protection for consumers who act in bad faith or deliberately avoid obligations. However, to maintain customer dignity, POJK Number 22 of 2023 Article 62 provides strict limits so that the collection process is carried out without intimidation, violence, or actions that humiliate consumers' self-esteem in public.The latest regulations also regulate the technical work of debt collectors who are only allowed to collect from Monday to Saturday, from 08.00 to 20.00 local time. Billing outside these hours or at a location other than the official domicile must obtain written approval from the customer first. This step was taken to ensure that consumers' rights remain protected even when they are in arrears, as well as eradicating the practice of desk collection which often violates legal norms.The people of Karawang are advised to no longer believe misleading information regarding automatic "whitening" of loan debts. Maintaining a credit score at SLIK OJK is much more valuable for the economic future than simply avoiding momentary bills. The editors of [SEPUTAR KARAWANG] remind residents to remain wise in borrowing and always verify the legality of loan organizers through official OJK channels to avoid the risk of fraud and inhumane collection.
