Heaptalk, Jakarta — A credit scoring startup, SkorLife, in collaboration with Indonesia’s Fintech Association (AFTECH), has released three digital guidebooks to manage credit scoring efficiently devoted to society. These e-books have also been published by the Indonesian Financial Authority (OJK) on its official website.
The launch of these digital guidebooks aligned with the rise of online lending, which provides alternative loans through technological innovation in the financial sector. The emergence of P2P lending platforms has also created a more diversified lender base and offered more preferences and flexibility for lenders.
Nevertheless, the company viewed that comprehensive information related to the practical method of building good credit scores still needs to be widely accessible. This matter is considered to tribulate society to maintain their credit reputation in front of lenders and needs help increasing their chances of approval for loan applications.
However, with the ease of online loan provision through multiple schemes, the Co-Founder and CEO of SkorLife, Ongki Kurniawan, believes that this also may harm society to get into debt and start failing to pay if their credit scores are not well-maintained.
“This matter can injure their credit score and complicate their ability to access loan products such as mortgages, credit cards, or student loans. Through this series of credit scoring guidebooks, we look forward to reaching a more responsible loan and building a good credit reputation,” added Ongki.
These digital credit scoring guidebooks possess three volumes to bestow Indonesian society with in-depth comprehension of managing their credit. In the first guidebook, SkorLife and AFTECH introduce the concept of responsible credit, providing essential insights for the community regarding how to perform online loans prudently.
Meanwhile, the second volume elaborated on the insights regarding credit scoring and strategic steps to build a good credit score. Also, the third volume renders a comprehensive perspective on credit score management according to people’s age and situation in guiding individuals to improve their credit scores to access the financial products of their selection.
“We support the launch of e-books to educate the public in utilizing financial products and services and performing a more responsible digital loan. This guidebook is a reliable source of information to increase awareness and understanding about using loans to achieve financial goals.” The Director of Financial Literacy and Education at OJK, Horas Tarihoran.
