With current technological advancements, everything can be done with
online, including goods credit activities. Now we can do credit for goods through
the Financing Service Company application, starting from registration,
submitting collateral, to determining credit limits, everything is done with online
via a cellphone application. Guarantee in registering with the Online Financing
Company using only KTP. The legal basis for Financing Institutions is
Presidential Regulation Number 9 of 2009 concerning Financing Institutions and
NUMBER 35 /POJK.05/2018 concerning Financing Company Business Organizers. However, because of this convenience, many people take advantage of the situation by manipulating data in order to get large limits, starting from manipulating work identities, income, etc. so that in the end the debtor will have difficulty paying installments and has the potential to default. Financing companies as creditors have legal remedies in overcoming customers who fail to pay in the business activities of finance companies through online applications