This of course makes conventional financial services from banks or cooperatives gradually lose their attractiveness. People who need money in an easy way, in a short time, and a flexible platform will immediately think of applying for an online loan .
However, on the other hand, not a few people only see loan services from the good side. The dark side and risks of these services seemed to be ignored at all until they finally became victims of fake services and were entangled with a suffocating debt burden.
Well, here are four important tips in choosing the following online loans that are not only safe, but also quickly disbursed.
1. Find out the rating and legality of online loan services
In order to offer easier access, not a few fintech companies offer online loan services on an application basis or application based on smartphone devices . This makes it easier for users to check the rating of a service or application on the Playstore or Appstore.
Make sure to choose the best loan service that has a ratingapplications above four. To be more convincing, also check reviews written by previous users and look at any complaints, obstacles, suggestions, or criticisms given. If it tends to be positive and there are no complaints that seem to be very detrimental to the customer, then it's perfectly fine for you to apply for a loan at that service or application.
Equally important, you are also required to check the registered status and business license of the online loan service at the OJK. You can see it on the OJK official website or see the logo of the financial services supervisory agency on the online loan application page .This is important to do because it can prevent you from being caught in the trap of illegal lending services with loan terms that are not in accordance with applicable official regulations.
2. Make sure the billing fees shown are transparent.
Another thing that is no less important to check before submitting an online loan application is to check the billing fees that must be paid off every month. Make sure the billing fees shown by the lender are transparent and there are no dark fees that can suddenly inflate the installments.
Because there are no face-to-face activities, you must be proactive in finding out all loan terms and fees that must be repaid at the beginning of the loan process. As a leak, some information related to bills that must be found out when applying for an online loan is the interest rate charged, the repayment period or tenor, and other costs that are borne by the customer.
3. Know the loan disbursement period.
Not a few online loan services claim to be able to disburse loan funds within a few hours, or even minutes after submission. However, in order for this to be done, it is certain that there are several conditions and indicators that need to be met first by the customer.
For example, online disbursement loanplususa.com of credit funds can only be done if the prospective customer is able to attach all the required documents and supporting documents clearly and completely. On the other hand, although they offer fast disbursement of loan funds, not all loan services have the same transfer speed. Some services are able to make quick disbursement of funds if all conditions have been met.
However, there are also online loan services that still provide a long lag before sending funds to their customers even though all requirements have been met. Well, things like this are what you need to find out first so that problems don't arise in the future.
4. Have integrated customer service
Finally, tips on choosing a safe and fast online loan service is to ensure the customer service provided by the company. Find out if the online loan service has an e-mail address, phone number, or Whatsapp number that is easy to access and contact. Also know whether the service and response provided by the customer service operator is clear, courteous, and fast.
Why is this important to do? Because, through this customer service, you will be able to get all information related to loan activities, including submitting complaints or finding solutions when experiencing problems. Therefore, before applying for an online loan ,first make sure the customer service is integrated and responsive.
