WISE TIPS FOR USING PAYLATER
Financial planner Andy Nugroho said that basically borrowing money from Pinjol for the Eid holiday needs is not something that needs to be done. Moreover, many Eid needs are not urgent.
For example, buying clothes for Eid, going for a trip or picnic for those who don’t go home, even going home or going home itself is often not a very urgent need that is obligatory. So the decision to borrow money during Eid is not ideal or unnecessary.
“From a financial planner’s point of view, I would say it’s not ideal. Because we’re going on a picnic for the Eid holiday, even going home, this isn’t something that has to be done,” said Aidil according to a Detik report at the end of March.
However, if you have to use online loans or PayLater to meet your needs ahead of Eid, people are advised to always be careful and use them according to their ability to pay the loan and interest.
According to a CNBC report, OJK also provides several tips for being wise in using PayLater:
1. Check needs
Use PayLater according to your needs. Remember Paylater is a debt that you have to pay off.
2. Understand the agreement
Understand installment terms, additional fees, late fees, and when to pay.
Compare
3. Various promotions
Compare various Paylater offers, choose the one that suits you best
your needs.
4. Pay on time
Pay installments and pay off loans on time so that bills don’t pile up and avoid fines.
5. Maintain digital security
Never lend your Paylater account or share your password with anyone else.
6. Beware of illegal loans
Be careful of illegal online loans that offer fast and easy loans without conditions.
Regarding this phenomenon, OJK advised, “Remember, PayLater is a debt that must be repaid.”
