OJK Takes Action Against 21 Fintechs With Bad Loans

Dozens of fintech landing companies still have bad credit with the level of default on obligations above 90 days from the due date, is still quite high.

IDXChannel- Dozens of fintech landing companies still have bad credit with the level of default on obligations above 90 days from the due date, is still quite high. In this regard, the financial services authority or OJK noted that as many as 21 fintechs had non performing loan above 5 percent. Thus OJK will take firm action to those problematic fintech.