Career, credit risks of ‘pay later’ services spook young Indonesians

JAKARTA (The Jakarta Post/Asia News Network): A growing number of young Indonesians have become concerned about how online loans could impact their futures, as companies begin scrutinising prospective employees’ credit scores and banks deny loans to would-be homebuyers over their online debt histories.

Social media users scrambled to check their credit scores on Aug 21 after a user on X, formerly known as Twitter, shared that five prospective employees applying for a job at her workplace, a financial institution, had been rejected over their bad credit history.