TINJAUAN YURIDIS NORMATIF MENGENAI PERJANJIAN PINJAMAN UANG MELALUI FINANCIAL TECHNPLOGY (FINTECH) MENURUT PRESPEKTIF HUKUM

Online loans are a type of loan facility that can be liquid immediately without collateral. This product is an alternative solution for people who need cash faster. All requirements and procedures that had to be done face to face were not needed anymore. In fact, the credit worthiness interview is now done by phone. This writing takes the formulation of the problem about the legal strength of online money loan agreements and losses experienced by borrowers as debtors. This writing uses a normative juridical method, the premier data source is obtained from various applications for online money lending service providers and secondary data sources from the legislation and regulations of financial services authorities. Then the data obtained were analyzed descriptively qualitatively. From the results of the data collection that the agreement made by the loan provider has met the requirements but there are some disadvantages that can make the interest applied fail by law. The cause of default: loan providers do not ask for guarantees that make borrowers underestimate the bills to be paid and due. Losses experienced by the borrower / debtor: a. Leaking of the debtor's personal data b. High interest for borrowers. Suggestion, the need for clear rules for who the debtor is allowed to borrow