The Pinjol Trap: The Horrors of Payday Loans in Pandemic Indonesia – Wed Sep 22, 2021


JP Staff (The Jakarta Post)


Jakarta ●
Wed, September 22, 2021

Imagine this situation: after being laid off by your employer, you are desperate for money and barely have enough to support you and your family for the rest of the month. You tried to find another job, but the pandemic has made job vacancies scarce. Your friends and family are also not doing well, so they cannot help. You don’t know what to do.

And then you see it, an online ad that says “Make a quick buck.” All you have to do is fill in a few details over the phone and you will have the money to support your family and maybe pay the bills. You give in. You download the app listed in the ad and take the necessary steps. You will receive a notification hours later. A certain amount has been transferred to your account. You breathe a sigh of relief.

You go about your days. A few days later someone claimed …

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