Lately, we have heard a lot of cases related to online loans (P2P lending), ranging from cases of being trapped in P2P loan debt, to becoming victims of P2P loan scams.
The increase in P2P lending cases is also related to the rise in online gambling cases, which is currently a serious problem that has a negative impact on public welfare.
Several factors contributing to the rise of online gambling and illegal loan sharks:
- Online gambling is perceived as a quick way to earn money.
- It is often marketed as an entertaining activity.
- Many illegal loan sharks offer fast and easy loans as gambling capital.
- People are not cautious enough when selecting legitimate and secure online lending platforms.
Then, what are the impacts on society?
- Online gambling addiction
- Financial crisis or being trapped in high-interest debt
- Trauma or psychological distress
How Can We Overcome This Situation?
Here are some steps we can take to educate the public:
- Raise awareness of the negative impacts of online gambling and illegal loan sharks
- Improve financial literacy
- Spread awareness about the dangers of online gambling and illegal lending
- Report illegal online gambling and loan shark content to the authorities
- Promote regulations on monitoring and restricting access to online gambling and illegal loan platforms
Let’s fight against online gambling and illegal loan sharks together. Remember, they are not solutions but new problems that can harm our lives.
Let’s keep our country free from online gambling and illegal loans!