<![CDATA[This study aims to describe the benefits and harms of online loans to the community as borrowers. This is related to the increasing number of online loan practices today that reach various levels of society. This study uses a descriptive exploratory approach with a literature study method and direct observation of the research object. Descriptive is used to describe problems or phenomena related to online loans, while explorative is used to conceptually describe how online loans work. The literature study method is carried out by searching for research data or information by reading scientific journals, reference books and publication materials available in libraries and the internet. This study also uses the Participant Observation technique, this observation was carried out by researchers when digging for information by becoming users of online loan applications who actively interact with other online borrowers. The results of this study indicate that online loans are more detrimental than beneficial to society in terms of economic, psychological, social and legal aspects. It is hoped that regulators can protect the public from theft and use of personal data held by online loan providers and also protect the public from the practices of modern online loan sharks today.]]>
Copyrights © 2025
