Am I Legal or Illegal? This is the explanation – Julybe Akulaku users still have doubts about this online loan application. For example, having doubts about the legality, is Akulaku legal or not?

Before using, knowing the legality of a fintech company is very important. The reason is, now there are lots of illegal fintechs that offer online loans with fast methods and doubled interest.

Basically, loans (online loans) do charge interest on each loan. However, there are provisions that regulate the amount of interest that can be charged to borrowers.

In addition, for online loan interest that is truly legal, it must comply with regulations issued by the Financial Services Authority (OJK). As a supervisor of financial problems in Indonesia.

Therefore, in this article, we will discuss the legality of this fintech application, namely, is Akulaku legal or illegal? So that people who want to use the services of this online loan apk know the truth. Here’s the complete information!

What is Akulaku?

Before discussing whether the Akulaku application is legal or not, let’s review this company a little first.

Akulaku was first established in 2014 as a fintech company that aims to meet the financial needs of the Indonesian people.

Two years later, the company turned to the online consumer loan business by issuing a number of services. Among them are Akucicil (Akulaku Pay) and KTA Asetku.

The emergence of these two services has made the Akulaku application grow quite rapidly. In fact, in 2022 the manager got 10 million users who applied for loans and continues to grow until 2022 now.

Currently, the Akulaku application does not only operate in Indonesia, but also in other ASEAN countries such as the Philippines, Vietnam, and Malaysia. The development of the Akulaku app has made this fintech company increasingly known to people in various parts of the world.

Is Akulaku Legal or Illegal?

The question of whether Akulaku is legal or not can be proven by several things. Among them are through the Financial Services Authority and also how much users trust the application managed by PT Akulaku Silvrr Indonesia.

Taken directly from the page, more precisely in the privacy policy section there is a variety of information related to this fast, easy, and reliable online borrowing application. Whether it’s information about the law, data collection, and so on.

In addition, from 2022 until now this fintech company has experienced quite rapid development. Starting from the transition to ‘akulaku’ consumer loans, launching various services (akulaku pay, Asetku, Dana Cicil), to acquiring a national bank in Indonesia and a general insurance company in the Philippines (MCI) to build the foundation of a digital banking business and management riches.

Moreover, Akulaku has been registered and supervised by the Financial Services Authority (OJK), after making a name change. Through the decision of the OJK board of commissioners number KEP-436/NB.11/2022 dated July 18, 2022.

So, if anyone asks about what Akulaku is Legal or Illegal. Then we will say yes. The existence of this legal status also makes it safer for users to apply for loans.

After knowing that Akulaku is a legal online loan, now you don’t need to hesitate to apply for one of the loan services provided by this Akulaku application.

Because in this application there are various services that you can use for capital to buy HP, computers, laptops or others. In essence, the existence of Akulaku makes financial problems quickly resolved.

Before making a loan, we recommend measuring yourself first and making sure that you are able to pay the installment method every month. Don’t let it be, once the loan is approved we won’t be able to pay the installments.

The presence of Akulaku’s own online loan actually makes it easier for users to get money or goods quickly. Of course, with cheaper installment fees compared to paying cash.

Like other loan applications, late payment of bills is subject to fines. Where, the more borrowers are in arrears, the harder it will be to pay off.

This is the information that we can convey regarding whether the Akulaku application is legal or not. Hopefully this article will make you know more about this leading online loan application.

For further information regarding the legality of Akulaku, we recommend contacting the relevant parties via the customer service call center: 1500920, Akulaku application help center, Whatsapp +62 811-1350-8161, or email [email protected] Thank you and hopefully useful