Post
Topic
Board Economics
Re: Bad impact when You carry out Online or Offline Loans on an ongoing basis
by
woez
on 07/07/2023, 14:08:43 UTC
There have been many articles written about the bad effects of making online or offline loans what happened in my country that have high interest;
- In Indonesia, ‘pay later’ services leave some drowning in debt
- Under presidential order, Indonesia is at war with online loan sharks


Indeed, the code is already like that. If you look at the core of the problem, it's not the borrowers who can't repay what they borrowed, but the increasing needs and prices of basic commodities, oil and other things that are constraining them. so, there must be a lot of people who are in arrears. Even though there are terms, why apply for a loan if you can't afford it.