<![CDATA[Advances in financial technology have driven the rapid growth of online lending services in Indonesia, including in the city of Medan. The ease of access offered has had a significant impact on people’s financial behaviour, but it also conceals various risks that threaten economic well-being. This study aims to analyse the factors influencing the general public’s interest in using online lending services, as well as to examine the risks involved. The research method employed is a descriptive study using a qualitative approach. The findings indicate that public interest is driven by several key factors, namely ease of access and the speed of the application process, the pressure of urgent economic needs, and perceptions regarding costs and interest rates. On the other hand, low levels of financial literacy and a lack of risk awareness exacerbate the public’s vulnerability to debt traps, high interest burdens, and threats to personal data security. This study emphasises that the convenience offered by these services is often not matched by sufficient understanding; therefore, improved financial literacy and strict oversight are required to protect the public from the negative impacts of using online loans.]]>
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