OJK Summons Kredivo and KreditFazz Over Debt Collection in Purworejo

Indonesia’s Financial Services Authority (OJK) has summoned fintech lenders Kredivo and KreditFazz regarding alleged problematic debt collection practices in Purworejo. The regulator is currently conducting an in-depth investigation into the case.

Kepala Eksekutif Pengawas Perilaku Pelaku Usaha Jasa Keuangan, Edukasi, dan Pelindungan Konsumen, Dicky Kartikoyono, confirmed the summons. “In order to follow up on the alleged debt collection issues in Purworejo, the OJK has summoned the management of Kredivo and KreditFazz to seek clarification. We are currently deepening the investigation to determine the appropriate actions,” he stated.

The OJK emphasised that any suspected violations in debt collection practices by financial service providers will be continuously addressed in accordance with applicable regulations to protect consumer interests.

In a separate update, the OJK also disclosed the achievements of the Indonesia Anti-Scam Centre (IASC) in handling fraud. Since its operation in November 2024 until the end of July 2026, the IASC has received 636,014 complaint reports from financial service businesses and the IASC system. A total of 1,726,500 accounts were reported and verified, with approximately 600,000 accounts blocked and total funds blocked reaching Rp723.3 billion. Funds successfully returned to victims amounted to Rp204.3 billion.