We only allow personal loan apps licensed by or registered with the Financial Services Authority (Otoritas Jasa Keuangan, “OJK”) of Indonesia.Ensure that the developer account name reflects the name of the associated registered business name provided through your declaration.If you are not directly engaged in money lending activities and are only providing a platform to facilitate money lending by registered Non-Banking Financial Companies (NBFCs) or banks to users, you will need to accurately reflect this in the declaration.
Personal loan apps in India and Indonesia must complete the additional proof of eligibility requirements below. This policy applies to apps which offer loans directly, lead generators, and those who connect consumers with third-party lenders.Īdditional requirements for personal loan apps in India and Indonesia Apps for personal loans in the United States must display their maximum APR, calculated consistently with the Truth in Lending Act (TILA). In the United States, we do not allow apps for personal loans where the Annual Percentage Rate (APR) is 36% or higher.
We do not allow apps that promote personal loans which require repayment in full in 60 days or less from the date the loan is issued (we refer to these as "short-term personal loans"). A privacy policy that comprehensively discloses the access, collection, use and sharing of personal and sensitive user data.A representative example of the total cost of the loan, including the principal and all applicable fees.
Content that is lewd or profane - including but not limited to content which may contain profanity, slurs, explicit text, adult/sexual keywords in the store listing or in-app.Content that depicts or are functionally sexual aids, sex guides, illegal sexual themes and fetishes.Depictions, animations or illustrations of sex acts, or sexually suggestive poses or the sexual depiction of body parts.Depictions of sexual nudity, or sexually suggestive poses in which the subject is nude, blurred or minimally clothed, and/or where the clothing would not be acceptable in an appropriate public context.