Indonesia's Online Loan Crisis: Exceeding Rp100 Trillion, How FLIN Helps Escape the Debt Cycle
Jakarta, Indonesia, (ANTARA/PRNewswire) - Indonesia’s debt problem continues to worsen. OJK data records that the amount of overdue loans has reached Rp100.69 trillion in February 2026, as reported by tempo.com.
More concerningly, many individuals have active loans on more than one platform simultaneously. Not a few are trapped in a “dig a hole to fill a hole” cycle, borrowing from one online lender to pay off debt on another, which instead enlarges the principal debt as interest and admin fees continue to accumulate.
CELIOS Director Bhima Yudhistira assesses that this rise in online loan debt is not a positive signal, as it indicates that people’s incomes are no longer sufficient for daily needs, as reported by Detik Finance.
Beyond financial pressure, borrowers also face psychological pressure: anxiety over due dates, continuously accruing interest, and fear of collection processes. This can erode mental focus and reduce work productivity.
In this situation, FLIN, a financial consultancy company, helps individuals regain control over their financial conditions through debt consolidation assistance via the Debt Relief Programme. The concept is simple: FLIN facilitates the process of merging all debts from credit cards, paylater (BNPL), online loans, and unsecured loans (KTA) into one more manageable instalment.
By connecting clients to trusted OJK-licensed financial partners, FLIN helps obtain flexible tenors, lower interest rates, and reduces monthly instalments by up to 70% compared to previous total obligations, providing a real solution for employees. The company has ISO 27001 certification and is officially registered with KOMDIGI, ensuring a safe and transparent process.
Established since early 2025, FLIN, supported by leading investors from the United States and India, has recorded rapid growth. More than 800 debt relief funds have been successfully disbursed, accompanied by over 20,000 debt consultation sessions.
“We see more and more employees whose total monthly instalments already exceed 70-80% of their income, often spread across three or more financial institutions, including banks, online loans, and paylater platforms. Through financial education and our Debt Relief Programme, we help them consolidate those debts into one more manageable payment plan,” said Aniruddha Newaskar, Credit & Risk Manager.
With an empathy-based and technology-driven approach, FLIN not only resolves short-term debt payment issues but also helps clients build a healthy financial foundation. During the programme, each individual is accompanied and educated by a highly dedicated professional team.
Looking ahead, FLIN targets expanding its service reach to various regions in Indonesia and other countries in Southeast Asia. This is followed by increased financial literacy through educational content and strategic partnerships with various institutions, to drive long-term socio-economic transformation for everyone.