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VOL. 10, ISSUE 6 (2024)
Benefits and disadvantages of using online loan start-ups in Java Christian Church Congregations, Central Jatiluhur Bekasi, West Java
Authors
Yusuf Rombe M Allo, Edison Siregar, Lenny Panggabean, Delvia Sari Lim, Julita
Abstract
The use of online lending services or fintech
lending is increasingly widespread among Indonesians, including in the
congregation of the Javanese Christian Church Jatiluhur Center, Bekasi. The
ease of access and fast process offered by online lending start-ups make them
an attractive option, but they also pose significant risks. Some of these risks
include high interest rates, unclear information regarding loan terms,
potential misuse of personal data, and unethical collection practices. This
Community Service activity aims to educate the congregation of the Javanese
Christian Church Center Jatiluhur Bekasi about these risks, as well as equip
them with knowledge about wise financial management in order to avoid
dependence on online loans. The methods used include socialization, group
discussions, financial planning simulations, and distribution of written
guidelines regarding online loans that are safe and in accordance with
Financial Services Authority (OJK) regulations. Prior to the implementation of
this Community Service activity, a pre-test was held for all congregants who
participated in this activity and after that it was followed by a post-test on
the congregation of the Javanese Christian Church, Center Jatiluhur Bekasi with
the aim of knowing the development of congregational knowledge about online
loan financial technology facilities. The number of participants who attended
was 165 people with the following results: the results of the activity showed
an increase in the congregation's understanding of the risks of online loans by
80%, as well as a decrease in interest in using online loan services after
participating in this education. Through this activity, it is hoped that the
congregation can be wiser in managing finances and be able to avoid the trap of
risky online loans.
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Pages:41-45
How to cite this article:
Yusuf Rombe M Allo, Edison Siregar, Lenny Panggabean, Delvia Sari Lim, Julita "Benefits and disadvantages of using online loan start-ups in Java Christian Church Congregations, Central Jatiluhur Bekasi, West Java". International Journal of Commerce and Management Research, Vol 10, Issue 6, 2024, Pages 41-45
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