DanaMu Pinjol Tips - Fund Loan Guide is not an online loan application

Online loans or loans have been in great demand by the people of Indonesia, because there are many advantages and conveniences in applying for online loans, starting from easy loan applications to very fast disbursements.

Online loans are a trend as well as the choice of modern humans in meeting various needs of life. Some do it because their primary needs are not met, some do it because their tertiary needs or to please themselves.

An example of using it to please yourself is borrowing funds so you can buy tickets to a Korean idol concert. There are many types of online loan applications that you can download for free from the Play Store and App Store. Make sure to choose one that is legal and officially registered with the OJK.

In addition, offline-based credit also usually requires collateral with a value that is more than the nominal value that you borrow. This of course makes it difficult for you if you don't have sufficient collateral, but need financial assistance. Therefore, online loans or loans are your quick liquid solution.

Pinjol online loan services began to develop in Indonesia since 2016. At that time, online or pinjol loan services were more often used to help MSMEs or local micro, small and medium enterprises.

This is because online loans or loans make it easier for MSMEs to create businesses and develop businesses without collateral. The conditions are easy to accelerate MSMEs in obtaining loans.

Types of online loans Online loans are divided into three, namely cash loans, installment loans without a credit card, and business loan loans.

However, with the emergence of online-based financial service providers, which have increased in 2018, the Financial Services Authority (OJK) announced that they found at least 227 online loan companies or loan companies that were not registered with the OJK.

OJK itself is an independent institution that has the functions, duties and authority of OJK in terms of implementing a regulatory and supervisory system for the financial services loan industry in Indonesia.

DanaMu Pinjol Tips usually offers loans with very high interest, so that it makes victims feel difficult to make installments.

Features of our DanaMu Pinjol Tips application:

- Information about loans or online loans is disbursed quickly

- About Fast Liquid and Easy Loans

- Online loan info for cash loans

- Regarding online loans without cards

- Tips on distinguishing the latest fast liquid online loans

Product Description :

Amount: IDR 500,000 - IDR 10,000,000

Loan Tenor: 91-180 days

Maximum Daily Loan Interest Rate : 0.05%

Maximum Annual Loan Interest Rate ( APR ) : 18.25%

Admin/Platform fees: none

Example of loan calculation:

Loan amount: IDR 6,000,000

Loan term: 91 days, i.e. 3 months

Daily interest: 6,000,000 x 0.05% = IDR 3,000

After 91 days of loan maturity, the amount of repayments that the user has to pay is the principal plus interest:

Total loan interest: IDR 3,000 x 91 = IDR 273,000

total payment amount: IDR 6,000,000 + IDR 273,000 = IDR 6,273,000

Total monthly payments: 6,273,000 / 3 = IDR 2,091,000

---DISCLAIMER---

The DanaMu Pinjol Tips application that we made aims to provide education to all of our friends so that they don't get entangled in online loans or illegal loans.

DanaMu Pinjol Tips is a fast liquid online loan guide application.

We have no cooperation with any party, including official online loans.

The assets that we use in making the DanaMu Pinjol Tips application are obtained freely from free sources on the internet.

If there are parties who object, please contact us first so that we can make improvements to the DanaMu Pinjol Tips application that we made.