<![CDATA[The rapid development of financial technology has increased the use of online loans among various segments of society, including university students. Easy access and fast application processes make online loans an alternative for meeting financial needs; however, they also pose financial risks when not supported by adequate financial management capabilities. This study aims to examine the effect of financial literacy, religiosity, and socio-demographic characteristics on the use of online loans. A quantitative approach was employed using a survey method involving students of Universitas Terbuka UPBJJ-UT Malang. Data were collected through a structured questionnaire and analyzed using Structural Equation Modeling with the Partial Least Squares approach. The results indicate that financial literacy has a significant effect on the use of online loans, while religiosity and socio-demographic characteristics do not show a significant influence. These findings suggest that individuals’ financial knowledge, attitudes, and behaviors play a central role in shaping decisions related to online loan usage. Therefore, strengthening financial literacy is a strategic solution to encourage more prudent financial behavior and to reduce the risk of irresponsible online loan usage, particularly among university students]]>
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