Clicks,Credits,and Consequences : The Ethical Maze of Digital Lending in Fintech

The advent of online loans has made borrowing money faster and more accessible, particularly for people who are unable to use traditional banks. However, this convenience is associated with major hazards, such as data security concerns, excessive interest rates, and unethical tactics such as aggressive debt collection. This study investigates the benefits and hazards of online loans in Indonesia, with an emphasis on how these platforms operate, the issues they present, and the role of regulations in protecting customers. Understanding these challenges allows users to make more informed decisions, while legislators may develop better policies to ensure that online loans are secure, transparent, and fair for everybody.