Juridical Review Of The Implementation Of Unsecured Loans On Finansial Technology

Abstract

Increasingly complex challenges and an increasingly advanced financial system are the basis for the need for policy adjustments in the economy, including the use of financial technology as a solution to economic activity in the digital era. The purpose of this study was to determine the legal review of the implementation of the fiducia agreement on the Fintech Julo application and what obstacles were faced in implementing online fiducia on the Fintech Julo application. The research methodology used in this research is descriptive. From the research conducted, it can be concluded that the process of implementing the online fiducia agreement on the Julo fintech application is basically the same as the fiduciary guarantee process in general, namely the process of binding a credit agreement as the principal agreement, and the fiduciary binding as an access agreement. In general, the risks that may arise from Fintech companies in Indonesia are: fraud risk, data security risk (cybersecurity), and market uncertainty risk. In providing credit with fiduciary guarantees, credit should only be given for the short and medium term so that the value of the transaction of goods does not experience a significant decrease.