Fewer credit applications this year, most rejected

During January – November, residents submitted 2% fewer applications for various financing instruments than at the same time last year. The decline in applications was mainly due to the sharp decline in small consumer credit applications, according to data from the credit history system “Good Finance”.

Applications for small consumer credit dropped by 32% in 11 months. This is the main reason behind the overall decline in the level of applications. If we exclude small credit applications from the total number of applications, we will see that the population’s intention to borrow this year is 15% higher than a year ago. This means that the rest of the financial institutions and telecommunications companies have received more applications for credit and credit services.

We can compare

We can compare

Intentions to borrow in banks and credit unions increased by 14%. Leasing and larger consumer loan applications increased by 5%. 21% more consumers were looking for credit services at telecommunication companies (such as tablet rentals) this year. And they wanted to borrow nearly threefold the population through peer-to-peer lending platforms (P2P).

“The level of applications reflects the general interest of consumers in obtaining one type of credit. There was no major player in the retail credit segment. As a result, there has been a drop in applications there. In the remaining segments, the growth in applications is related to the increasing purchasing power of the population.

It is positively affected by rising employment and wages. Naturally, today ‘s stable public finances encourage some consumers to order credit cards, renew their phone, car or household, says Andrius Bogdanovic, head of a credit bureau Good Finance. – As for the P2P segment, its rapid growth is mainly due to the young age of the segment. P2P operators remain niche players in the consumer credit market. ”

Applying for credit does not mean granting the credit

Applying for credit does not mean granting the credit

Depending on the segment, a significant number of applications are rejected. For example, in the leasing and larger consumer credit segment over 11 months. On average, 62% of applications were rejected (compared to 58% in 2015); rejecting 68% of requests.

The most common reasons for rejection are customer overruns of 40% of revenue and fin. liability ceiling, unstable income, strained or bad credit history, filing without spouse’s consent and more.

Tips to Safely Borrow Money Online Fast

As technology advances today, there are many things that can be done online, excluding lending. All you have to do is set up your cell phone and an internet connection, it doesn’t take long for your funds to be liquidated in less than 24 hours. Alternatively, if you are applying for a bank loan with the exception of the complicated requirements of online lending at a Good Lender disbursement company and it is expected to last for 14 business days.

What is the difference between lending money to a bank with online money lending at Good Lender? Good Finance has a review for you, let’s hear it!

In addition to the complicated requirements and the lengthy process, fast online lending at the bank is also required to attach supporting documents ranging from ID, Family Card, home phone number, parent and family phone number, even home surveys and more.

Borrow at Good Lender

Borrow at Good Lender

On the other hand, lending in Good Lender is very much in line with bank lending. All you need is a photo of yourself, your ID, and your NPWP, but of all the facilities offered in Good Lender, there is an impact The dude knows that his name online loan will definitely give you personal data on the terms of each Good Lender so that it can be accessed another. So you don’t want to give it authority for others to access it.

This is where Dude is required to jelly before downloading a Good Lender application if you want to do a digital transaction, you have to choose which Good Lender you really trust .

Borrowing at a Bank or Online Loan is the Same Rule

If you violate there are definitely sanctions you will get, if you don’t want to get in trouble don’t try to break it. No matter where you lend it at a bank or online loan, everyone will definitely pay off when you don’t pay off your debt when it’s due.

Obviously everyone has certain ethics and procedures to follow if you are in violation, so if you don’t pay off your debt when it is due, banks and online lenders will definitely charge it. Therefore you must comply with these sanctions by paying the fine and paying off your debt. Because a violation will make life uncomfortable, so do not neglect or even run away from the responsibility to pay off the debt.

Safe Money Lending Tips For You

Safe Money Lending Tips For You

From the reviews Good Finance gave above, Dude certainly understands the terms and conditions that apply if you are going to borrow money in Good Lender. In order for you to not download Good Finance’s Good Lender app, here are some tips to make it safer to borrow money online. Thanks guys!

Select the Official Good Lender Application

The first thing to keep in mind before you download the Good Lender application and apply for a loan at the Good Lender you choose is that you should carefully check the clarity of the Good Lender. Don’t just download it.

Choose a Good Lender already registered with the OJK (Financial Services Authority) as the official Good Lender already registered with the OJK must follow the applicable procedures and procedures. Beginning with the billing method, the loan amount should not exceed 30%, and so on.

Select Good Lender with Low Interest

Choose an online moneylender app with less interest than others. That’s why it will definitely benefit you, if the interest you earn is low, the installment you will pay will not be as heavy if you get a high interest rate. Isn’t it profitable?

Record Your Due Date Before Liquid Loans

By the time your fast online loan application at Good Lender has been approved and liquid do not forget to set the due date yes Dude! Because if you set an automatic due date you don’t forget to pay the debt so you’ll avoid billing. Pay off your debt on time yeah Dude!

Remember the amount of money you borrowed

Next keep in mind how much money you lend online fast and keep in mind how much a bill or installment you have to pay each month. So that you don’t forget to make a note to write on a piece of paper and then paste it on your wall or desk so you don’t forget to pay the debt.

Prepare Money When The Loan Arrives

This is one important thing to remember, Dude. When the loan arrives, immediately deduct your paycheck to pay the bills. If you don’t get rid of it sooner you will have to waste your paycheck for other things. That way, when the time comes to pay off your debt you can pay it off on time without the billing team.

Don’t Pay Too Late

After setting aside your payday loan, pay off your debt as soon as possible so don’t try to delay or even wait until it’s due. To avoid being called for billing, you don’t want to be charged right? Of course it will make you feel uneasy.

Wise in Choosing Online Loans at Good Lender

Wise in Choosing Online Loans at Good Lender

Good Finance has explained the tips for borrowing money in Good Lender. For Good Finance’s friend who is proficient in smart technology and be wise in choosing Good Lender if you want to borrow money fast. Don’t download or download until you make the wrong choice you make it difficult for you later

Make sure the Good Lender you choose is officially OJK registered. If your loan is already liquid, make sure you do not delay paying the debt to avoid the fines in the Good Lender you choose. Also set aside your paycheck to pay for your installment, don’t use it for other things, dude!

It’s A Leakage That Received Online Loans 24 Hours Instantly

24-hour online loans are easy to apply. But do you know that not all 24-hour online loan applications are acceptable? So how do I make a 24-hour online loan application acceptable? Check out the tips below!

In times of need, online loans 24 are the best help and solution. This has been proven by many. As time went on, we no longer relied on friends loans, family loans, or even office loans. With just gadgets and the internet only, we can make loans from anywhere and anytime. This is because the loan is done online.

24-hour online loans are usually provided by P2P lending- type Good Finance company. So they will give you a loan right away without having to contact the bank. This is where the 24-hour online loan difference is made with the bank (Credit Unsecured) Credit issued by the bank. The process of applying for a 24-hour online loan is very easy and the process of disbursement is also very fast because it only takes up to a day. Some 24-hour online lending providers may be able to liquidate the funds in just a few hours.

24 Hour Loan Determination Factors Accepted

24 Hour Loan Determination Factors Accepted

With the simple process of applying online and the fast disbursement process, many people find it easy to apply. But unfortunately, they often take for granted these 24-hour online loans so feel confident that their application will be accepted. However, not all applications that apply to a 24-hour online lender are easily accepted. So that you won’t be disappointed that your application was rejected, so before you apply, it’s a good idea to take a look at some of the 24-hour online lending factors listed below!

Have an ID

The first factor is definitely your ID (proof of citizenship) as proof of proof that you are a citizen of Indonesia. The ID to use is an e-ID. Why e-ID? Because of the e-ID card all of our personal data is complete so that it can be easily accessed by a 24-hour online lender. That way, the 24-hour online lender doesn’t have to worry about finding your data.


In addition to IDPs, there are also NPWPs that you must have because many people fail to apply for a 24-hour online loan simply because they do not have an ID. The National Tax Code is a Taxpayer Identification Number that identifies you as an employee and pays taxes on time. If you have a NPWP, then your 24-hour online lender trust will be higher as they consider you to be disciplined in terms of payment. This NPWP can also be related to the credit history you have because all loan applications, especially bank loans will be recorded on the NPWP.

Have a Personal Account

The deciding factor for your 24-hour online loan is to have a personal account. Why a personal account? With a personal bank account, the lender can match your personal data. Plus the provider can also see the credit history you have at the bank. Some 24-hour online lending providers require that you hold local bank accounts or specific banks so you should be careful when reading the terms and conditions provided. Don’t miss it because they ask for a local bank account number, but instead, you provide an external bank account.

Have a Good Credit History

The last deciding factor is to have a good credit history. Almost 50% of 24-hour online loans are rejected because of poor credit history. The other 50% is because they do not meet the requirements and documents requested. For those of you who still don’t know what credit history is, TimiKimi will explain it to you. Credit history is a history or record of your loan traces. So if you’ve ever applied for a loan (whether it’s a bank or other provider) and have been paying off installment payments, you’ll have a bad credit record.

So if you currently have unpaid installment loan arrears, it is a good idea to pay off these bills first so you can easily apply for a 24-hour online loan.

24-Hour Online Loan Available

24-Hour Online Loan Available

Once you know what factors determine your 24-hour online loan success, it’s time to apply. But where can we apply for a 24-hour online loan? You can apply for a loan on line 24 hours through Good Credit safe and reliable because it is registered in the FSA (Financial Services Authority) so that you avoid online fraud such thing. Good Credit is one of the application-based 24-hour online lenders. You can get a loan ranging from $ 1 million to $ 20 million with a grace period of 180 days (6 months).

How to apply is very easy and quick. After you have prepared all three of the above requirements, you can follow the steps below:

  • Download the Good Credit app on the PlayStore or AppStore
  • Sign up by filling in your personal information in the form of your full name, email address, and phone number
  • Do logged into the application
  • Fill out the requirements of the requested document
  • Determine the loan amount you want and the tenor of your loan
  • Click submit and wait for Good Credit to process your 24-hour online loan application

How’s it easy, isn’t it? It doesn’t take hours and it doesn’t take long, lending because the application process is so easy and tiring. If Good Credit approves your 24-hour online loan application, the funds you borrow will be able to flow directly into the personal bank account you provided earlier.

Get a 24-Hour Online Loan Required and Make a Matched Calculation

Get a 24-Hour Online Loan Required and Make a Matched Calculation

We are often tempted to lend more than is actually due to the convenience provided by 24-hour online lending. But you need to know that this is what makes a lot of people worse off by debt. To apply for a loan as needed. Never add numbers. Do not forget to do the calculations first so you can set the right loan period because if you choose the wrong loan period, it can result in delays in installments due to the inability to pay.

If you feel incapable of taking the short term, take longer. Do not force yourself to take short term installments so that they can pay off quickly. It’s free for you to take a short period of time but eventually, you will pay back the installment payment. So, always calculate the loan amount and take the loan period seriously!