A July 2024 survey by Asatu Research & Insights reveals a strong correlation between online gambling and the use of online loans in urban areas.
Asatu Research analyst Okza Hendrian Wijaya explained that 18 percent of respondents reported having a close family member who used online loans, while 17 percent were aware of a family member engaging in online gambling.
“The percentage of respondents answering ‘yes’ to both questions was relatively close—17 to 18 percent. When tested for correlation, the two variables showed a significant relationship: those who reported knowing a family member involved in online gambling were also likely to report loan usage through online platforms,” said Okza in a statement on Wednesday (14/8).
The survey was conducted in Bandar Lampung using a multi-stage random sampling method and face-to-face interviews. It involved 400 respondents, with a 95 percent confidence level and a 5 percent margin of error. Data collection took place from 10–15 July 2024.
Although the sample was limited to Bandar Lampung, Asatu Research considers this study a starting point to understand urban behavioural trends in Sumatra and Java, as nearly 50 percent of Bandar Lampung residents are of Javanese descent.
The survey also uncovered significant public misperceptions regarding online lending platforms. Around 60 percent of respondents were unable to name any lending apps when asked, yet over 90 percent believed that these platforms negatively impacted their household economy.
“There’s a disconnect between public perception and actual knowledge of lending apps. These findings highlight the urgent need for financial service providers, especially those operating in peer-to-peer (P2P) lending, to educate the public about the potential economic benefits of their services. Public awareness also needs to be strengthened to help distinguish between legal and illegal online lenders,” Okza explained.
These findings are in line with the 2024 National Financial Literacy and Inclusion Survey (SNLIK) conducted by Indonesia’s Financial Services Authority (OJK) and the Central Statistics Agency (BPS).
According to SNLIK, Indonesia’s financial literacy index stands at 65.43 percent, while the financial inclusion index is at 75.02 percent.
This 10 percent gap indicates that while many Indonesians use financial services or apps, a significant portion does not fully understand the features or benefits available to them.
Source: https://www.jpnn.com/news/survei-asatu-masalah-judi-online-berhubungan-erat-dengan-pinjol?page=2