Be careful! Get to know the Adverse Features of Online Loan Scams



Realize early on the characteristics of online loan fraud!

Today, there are more and more online loans in circulation. Quick and easy access attracts many people to use online loan facilities .

But, is the online loan safe from fraud?

Let’s identify the characteristics of online loan fraud so you don’t get caught up in the wrong choice and end up being harmed.


Be careful of Online Loan Scams !

Online loans are one of the money (credit) loan facilities provided by fintech companies ( financial & technology ) or several sites providing online loan facilities on the internet.

The procedure for obtaining online loan facilities tends to be faster and easier when compared to conventional loans in banks or other financial institutions.

However, is this online loan safe from the risk of fraud?

How do you recognize the characteristics of online loan fraud so that you don’t get caught in fraud.


Before making an online loan, it’s a good idea to plan and prepare your loan calculation funds first, including the ability to pay off from the start so you don’t fret when you pay it off.

Dorian Gray can help you in planning online loan calculations!

You can download the Dorian Gray application and enjoy the free trial facilities!

Oh yeah, if you subscribe to the Dorian Gray Application for one year, in addition to being more economical, you will get an additional advantage with the education of free online courses for one year.


Secure Online Loans

Secure Online Loans

Before you can get to know the characteristics of online loan fraud, you need to know in advance the online loan provider that is fairly safe and official.

Here are some tips for checking the security of online loan providers!


# 1 Check Through the Financial Services Authority

If you want to check the security of a fintech company that provides online loan facilities, you can first visit the site of the Financial Services Authority (OJK).

On the website , you can see a list of fintech companies that have been registered with OJK.


With the registration of a fintech company at OJK, this can provide assurance that the online lending company is official and supervised by the OJK.


# 2 Check the Office Address of the O nline Loan Facility Provider

Companies that provide official online loan facilities should have official office addresses as well.

You need to be vigilant if the online loan facility provider does not include a clear office address on his website .

It could be, it is one mode of online loan fraud.


# 3 Check Website Security

You need to observe that a secure website (secured) is a website that begins with “https:” instead of “http:”.

The letter “s” on https indicates that the website has been encrypted or a security process has been carried out.


In addition, you can check the website security by seeing if there is a padlock image on the website address section.

If there is a padlock image, the website is safe.


# 4 Examine the Procedure for Online Loans Offered

Official online loan providers should provide clear information about the online loan facilities they provide.

Such information includes clear procedures regarding how to submit, types of online loan facilities, requirements that must be met, and so forth.

If you find that there are websites online loan providers who provide information that is unclear or doubtful, you should be wary and cautious.


Characteristics of Online Loan Fraud

Characteristics of Online Loan Fraud

You already know some of the features of a website or site that provide official and safe online loan facilities.

Let’s look at the characteristics of online loan facilities that you need to suspect. Be careful if you find the following characteristics because it could be a fraud mode that could ultimately harm you.


# 1 Creditor Keeps Chasing You with Various Seduction

If you feel that creditors are constantly chasing you with various lures and bonuses about online loan facilities, you need to be careful.

You need to observe what facilities are offered and what benefits you will get.

If you think it’s illogical, you better refuse the creditor’s offer to secure yourself from a fraud mode.


# 2 Information Provided by Doubtful Creditors

Back again, you need to pay attention to whether the creditor has been registered with the OJK, has an official and safe site or not.

You also need to be careful and careful with information provided by creditors, whether in the information listed on the website or the offer directly delivered to you.

This information can be in the form of credit facilities, how to submit, details of disbursement procedures, filing requirements and others.


Usually, if there is an indication of fraud, the creditor will provide information that is exaggerated and less reasonable to attract the attention of the debtor.

If there is a blocking information, you can re-ask the truth and clarity of the information to the creditor.

You can use this to secure yourself as well as to make sure they intend to cheat you or not.


# 3 Creditors do not pay attention to your credit history

Credit history checks of prospective borrowers through SID BI or SLIK are one of the important things in the process of granting money loan facilities.

If it turns out that the creditor does not pay attention to your credit history as a potential debtor, you should be suspicious and alert.


A reasonable creditor will definitely check your loan history to ensure that you are eligible for another loan facility.

You need to be aware of the person who gives the lure of an easy online loan without noticing your credit history, because if there is an indication of fraud, it will complicate you later.


# 4 Creditors Request Excessive Personal Information

In general, the creditor will ask for your information regarding residence identity, active telephone number or e – mail address that is not confidential.



However, it is different from the case with fraudsters who impersonate creditors.

Fraud creditors will usually ask for additional information to you in the form of personal information such as your PIN, credit card and others that are confidential.


# 5 Creditors Request Disbursement Advances

Never accept an online loan offer that requires a down payment for the disbursement process, because it is clearly fraudulent.

Usually, this fraud takes the name of an upfront fee as an administrative fee.

However, the administrative costs required by creditors are only limited to stamp duty and other service costs that are not of great value.

So, if the creditor asks for a large down payment, be careful and immediately cancel the submission of your online loan facility.


# 6 Other Suspicious Signs

Other things that you need to be aware of as fraudulent actions are if you receive bidding information via e- mail , SMS, telephone or other media but do not come from a valid source.

If the company providing the online loan facility is official, then the information distributed through e- mail , telephone, SMS should come from the e- mail address or official office telephone number.

For example, suppose you receive an e- mail on behalf of the online loan company ABCDEF from, and not from

You can make sure that the e-mail originating from is an online loan fraud.


In addition to the suspicious signs above, you also need to be aware of forms of websites that resemble the original ( phishing ).

Phishing is one form of hacking data on debtor information through fake login forms that resemble the appearance of the original website .

To prevent phishing , before you log in , you need to make sure that there is a lock icon on the website page you are visiting.


Check Back Before It’s Too Late

Check Back Before It

It is important for those of you who are or will apply for an online loan to be aware of early characteristics of online fraud that are rampant.

Choose a site from an official company that has been overseen by the OJK.

In addition, check again if there are suspicious signs of the site or website that you are visiting so as not to get caught up in online loan fraud cases and be harmed. Hopefully this article is useful.


Let’s prevent online loan fraud by increasing awareness when applying for online loans.

Spread this article to your friends, relatives or relatives so that they also know the characteristics of online loan fraud and can avoid the risks.

If you need a consultation with a financial planner, Dorian Gray is happy to help you! thanks.


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