Credit Installments Research Articles

Electric Boats for Fisherman as a Substitute for Fuel Oil on The Belitung Island (Indonesia)

Abstract Fishing constitutes a prominent livelihood for many Indonesian coastal residents. Indonesia boasts the world’s longest coastline, which suggests that fishermen should enjoy a high standard of living and a wholesome lifestyle. Nevertheless, a significant portion of traditional Indonesian fishermen fails to experience these benefits, as they persist in outdated fishing practices inherited from their forebears, remaining untouched by the technological advancements that can enhance their economic well-being. This results in elevated operational and maintenance costs during fishing operations. This issue primarily arises from inefficient energy utilization, including fuel, and restricted fuel availability. The objective of this research is to identify solutions to these challenges, particularly by leveraging more efficient technologies to reduce costs and protect fishermen from the health hazards of pollution during their fishing activities. To achieve this research goal, various stages were undertaken, encompassing on-site observations, the design of an electric boat (e-boat) system based on conventional vessels, simulations, and laboratory-scale testing. The testing results indicate that the electric boat, equipped with a 6-kW motor and an 8.64 kWh battery capacity, can be effectively applied in the retrofit process. The initial phase of retrofitting ten electric boats incurs a total cost of $88,620, with each boat’s retrofit expected to yield a return on investment over a span of 20 years. Therefore, this retrofit process necessitates government intervention to provide a 50% subsidy for the electric boat retrofit, subsequently reducing the duration of credit installment payments for fishermen.

ANALISIS SISTEM PENCATATAN PENERIMAAN DAN PENGELUARAN KAS PADA ASTRA CREDIT COMPANIES CABANG CIDENG JAKARTA

This study aims to analyze cash receipts and disbursements at Astra Credit Companies. The method used is a case study by conducting observations, interviews, and analyzing documents related to cash receipts and disbursements. The results showed that the main source of cash receipts of Astra Credit Companies Cideng Branch came from credit installment payments. Meanwhile, the largest cash expenditure of Astra Credit Companies Cideng Branch is for the purchase of Office needs, stationery and Entertain Client payments. Although there are some shortcomings in cash management, the Astra Credit Companies Cideng Branch has managed to maintain a good financial balance. This research recommends that Astra Credit Companies Cideng Branch continues to improve the accounting system and manage cash expenditure effectively to ensure the company's finances are well organized.

Kajian Hukum Ekonomi Syariah dalam Penyelesaian Wanprestasi Praktik Jual Beli Kayu Jati secara Kredit pada Usaha Dagang Berkah Jati Mlonggo Jepara

<p><em>Problems with business activities often end in conflict because one of the parties defaults or does not fulfill the obligations agreed together. This research aims to determine the resolution of defaults in the practice of buying and selling teak wood at the Berkah Jati Mlonggo Jepara Trading Business and analyze it using a Sharia Economic Law approach. The type of method used in this research is field research based on a sociological juridical approach. To obtain information or data, this research uses data sources in the form of primary data and secondary data. Primary data was obtained by direct interviews with informants or sources, while secondary data consisted of primary legal materials, secondary legal materials, and tertiary legal materials. After the information or data is collected, analysis is then carried out using qualitative descriptive data analysis techniques. The findings of this research indicate that the practice of buying and selling teak wood is carried out in writing using a cash and credit payment system. The credit practices carried out by sellers follow Sharia principles, meaning there is no element of usury. Resolving defaults through negotiation by providing several offers to extend the payment period (rescheduling) and relief from credit installment payments (reconditioning). The realization of default resolution in the practice of buying and selling teak wood in the study of Sharia Economic Law is the seller's effort to create benefits and avoid mafsadah so that the relationship between the seller and the buyer remains harmonious and can avoid hostility.</em></p>

Penentuan Nilai Bunga Flat, Efektif, dan Anuitas pada Salah Satu Leasing Motor di Kota Binjai

One company that solves financial problems is a motorbike credit company that can help people who are constrained by costs but want to own a motorbike to make their lives easier. One of the motorbike leasing companies that provides a motorbike credit system. One of the products is the Honda ADV 160 ABS which provides various down payment offers with time periods. In this research, the data used is quantitative data in the form of secondary data obtained from motorbike credit brochures on one of the motorbike rentals in the city of Binjai which were registered in October 2023. This research will analyze and compare the results between the total credit interest that matches the flat interest, annuity interest and effective interest which provide slightly lighter installment or credit installment payments. Based on the results obtained from both samples, the lowest total interest is the effective interest.

Hubungan Faktor- Faktor Keputusan Kredit dan Potensi Gagal Bayar Pada Platform P2P Lending

The purpose of this research is to find out whether there is a relationship between educational background, economic motivation and credit installment literacy on the interest of the younger generation to apply for credit online and to the potential for default on these online loans. The target in this study is the younger generation at school age in the city of Bekasi in the age range of 15 to 29 years. This research is a canonical correlation study using primary data. In this study, there are 3 dependent variables, namely educational background, economic drive and literacy in online credit installment calculations and 2 independent variables. Meanwhile, the 2 independent variables consist of online credit decisions and the potential for default. Based on the results of the weight test, a relationship was found between educational background and the potential for default. More specifically, in the canonical structure test, it was found that there was a relationship with a strong influence between educational background and online credit installment literacy on credit applications and the potential for default in the reverse direction.

PERANCANGAN SISTEM INFORMASI PEMBAYARAN ANGSURAN KREDIT SEPEDA MOTOR BERBASIS LAN PADA CV. SUMBER JAYA KENCANA MOTOR BINJAI

With the development of economic activity lately, it is increasingly triggering economic activity in all fields. Among these economic activities are business activities in the field of selling automotive products. So that at this time many emerging companies engaged in the field of automotive loan financing. And one such company is CV. Sumber Jaya Kencana Motor Binjai which is also the official distributor for sales of Yamaha motorcycles.
 Purchasing motorcycles on credit is more likely to bring greater results than purchasing in cash. In installment payments, there is an agreement to protect the seller from the possibility of uncollectible receivables. To protect the interests of the seller from the possibility of non-fulfillment of the obligations that must be fulfilled by the buyer, an agreement or installment sales contract is made after the transaction is carried out, then a penalty calculation is made where the fine is calculated from the number of installments paid per month multiplied by 0.5% and the result is the number per day late payment of consumer installments.
 The most important factor in the data processing process is in terms of motorcycle installment payments where in this case the company still uses 2 payment methods, namely direct payments to CV dealers. Sumber Jaya Kencana Motor Binjai, namely through cashiers and payments through collectors.
 In this process the input is still inaccurate and data errors often occur, because there is no program that can assist cashiers in inputting motorcycle installment payments and the system used is not efficient. Another problem is that fraud is still very prone to occur in terms of installment payments, where the cashier as someone who is very responsible for this payment also has the opportunity to cheat because there is no accurate system in terms of inputting data.
 Seeing this, the authors are very interested in designing a motorcycle payment information system with the title "Design of LAN-Based Motorcycle Credit Installment Payment Information System at CV. Sumber Jaya Kencana Motor Binjai ".

An Inventory Model with Price and Credit Installments-Dependent Demand

Abstract Financial capability is one of the primary drivers for buyers to make purchases. Therefore, sellers must set an optimum selling price and consider trade credit facilities to attract more demand. This paper proposes an inventory decision model in which customer demand depends on the price and number of credit installments to serve low-abled buyers. This study has developed a demand function with a positive impact on installment policies and the effect of the selling price. Two models have been formulated to optimize the selling price and positive stock time, m total profit, with and without installment policies. Then, numerical examples and sensitivity analysis illustrate the proposed model for different cases. The study has found that the selling price and positive stock time can be optimized. Profits can be higher in the case of an installment facility than in the case without an installment facility. It shows positive responses from the buyer to the installment policy.

Bank Credit Restructuring for Micro, Small and Medium Enterprises Due to the Covid-19 Pandemic

The presence of the corona virus or coronavirus disease 2019 (Covid-19) has an impact on all aspects of human life, including in the fields of financial institutions and banking. The aim of this research is to examine the legal protection for debtors of Micro, Small and Medium Enterprises due to the Covid-19 pandemic in Ambon City, as well as the criteria for debtors of Micro, Small and Medium Enterprises who meet the credit restructuring requirements due to the Covid-19 pandemic. The method used in this study is a normative juridical method with a statutory approach and a conceptual approach. The legal materials studied consisted of primary legal materials, secondary legal materials, and tertiary legal materials through literature studies which were then analyzed qualitatively. Results of the Research, he implementation of credit agreements between banking institutions and debtors of Micro, Small and Medium Enterprises in Ambon City due to the Covid-19 pandemic is affected by the Covid-19 pandemic. Legal protection is carried out based on government policies through credit restructuring efforts for debtors who have difficulty fulfilling their obligations, which are carried out among others by reducing credit interest rates, extending credit terms, reducing loan interest arrears, reducing loan principal arrears, adding credit facilities. The criteria for debtors of Micro, Small and Medium business debtors who meet the requirements for credit restructuring due to the Covid-19 pandemic consist of 2 main criteria, namely the business of the debtor is indeed affected by the Covid-19 pandemic, and also the debtor's good faith in paying off credit installments.

Analisis Perbandingan Aplikasi Akuntansi Berbasis Mobile Untuk UMKM

This study aims to provide recommendations for applications suitable for MSME. This study provides more detailed information about accounting-related mobile applications by analyzing application reviews independently through trials of mobile financial reporting applications. Also, it reviews users depending on ratings on Play Store or in the app store. The advantages and disadvantages of the application This is very critical to understand so that micro, small, and medium entrepreneurs can benefit. It is hoped that input will be obtained to develop MSMEs. This exploratory research uses a systematic method by looking for applications according to the keywords, for example, accounting applications, mobile applications, financial reports, and application recording finance, then grouping those apps by rating and the number of downloads to get some applications. The results of the study show that of the six applications reviewed based on independent reviews and user reviews, there are two main recommended applications: Cashbook: Cash Management App and Buku Warung Application for MSMEs. The reason behind the recommendation of these two mobile-friendly financial reporting applications is that the first. The Cashbook application: The cash Management App has advantages over other mobile-based financial reporting applications. This application is a multi-user application with reasonable access restrictions so that users of this application use the feature. Members do not need to worry about reporting errors. This advantage is why the Cashbook Application: Cash Management App is recommended for MSMEs who need structured and continuous recording without worrying about errors in the resulting reports. Furthermore, the Buku Warung Application for MSMEs is also a multi-user application that serves various alternative types of businesses as well as recording such as additional income features, including selling credit, electricity tokens, E-Wallet, data packages, Electricity Bills, BPJS, PDAM, Game Vouchers, Postpaid Credit, Credit Installments, and Internet and Cable TV. The QRIS facility has also been integrated with financial institutions. Thus, this increases the sense of security for application users in transactions.

PENGARUH PENGETAHUAN HUKUM RIBA TERHADAP PENGGUNA SPAYLATTER TERHADAP AKAD JUAL BELI

Spaylatter is a form of official loan provided by Shopee. This feature that carries the concept of "Buy now, pay later" allows people to enjoy the opportunity to use credit installments without having to have a credit card. However, legal issues arise in the perspective of Islamic law when these financial instruments are equipped with interest instruments, that is, when the borrower returns the loan, he is required to add to the principal loan. In the perspective of muamalah fiqh, the addition of the loan principal can be categorized as usury. The type of research used in this research is quantitative research, using a research instrument in the form of a questionnaire. With multiple regression analysis involving variable X, namely: x1 knowledge of usury law, x2 knowledge of the shopeepaylatter application and variable Y of buying and selling contracts. The results showed that the t count was 2.163 where the t count was greater than t table (2.163 > 1.67655) with a significant value of 0.036.

Suku Bunga Kredit, Inflasi, dan Kredit Macet Pada Lembaga Perkreditan Desa

Information related to the financial statements of a financial institution is closely related to the detailed amount of credit disbursed, including the value of bad credit as seen from the NPL value. This research aims to obtain empirical evidence of the influence of credit interest rates and inflation on Bad Credit/NPL in Village Credit Institutions (LPD) throughout Badung Regency during the period January 2018 to June 2021. This research uses multiple linear regression analysis techniques. The results of this research show that credit interest rates and inflation have a positive influence on non-performing loans/NPLs. For a financial institution, the higher the credit interest rate offered will result in an increase in the NPL value because the interest burden that must be paid by debtors relatively increases. Likewise, inflation can lead to an increase in overall prices and a weakening of the value of the rupiah, this of course makes it difficult for people to pay their credit installments and leads to LPD credit problems in the form of increasing non-performing loans/NPLs.
 Keywords: non-performing loan; credit interest rate; inflation

Sistem Pendukung Keputusan Penentuan Kelayakan Penangguhan Kredit Nasabah menggunakan Naïve Bayes

The COVID-19 (Corona Virus Disease 2019) pandemic is still spreading until 2022, so in responding to this, PT Adira Finance provides an opportunity to suspend credit installment payments to nasakabah. In order not to cause installments and defaults (breaking promises) it is necessary to have a decision support system to determine the creditworthiness of these customers. The purpose of this study is to build a decision support system to determine the feasibility of solicitation to customers using the naïve bayes method. The model used to build this system is the System Development Life Cycle (SDLC) with stages of analysis, design, testing, and implementation. The sample or training data used in this study was 20 customers. Meanwhile, the technique used to determine the feasibility of customer suspension uses naïve bayes by looking at the prior and conditional probability values of each criteria. Our findings result in a customer eligibility decision support system with the naïve bayes method is appropriate and accurate. So that with this system, it can be used as a consideration to make decisions by the manager of PT Adira Finance to determine whether or not customers are eligible to receive a credit suspension.

The Effect of People Business Credit (KUR) on Rice Field Business Income in Tinanggea District

Lack of capital in farming can lead to a lack of input, causing a risk of failure or low production. The problem regarding the lack of capital is faced by farmers so that to achieve progress in farming usually takes a very long time. Therefore, farmers in Lanowulu Village and Roraya Village take credit to increase farming capital. This study aims to determine the difference in lowland rice farming income before and after receiving KUR and to determine the effect of KUR on farm income in Tinanggea District, South Konawe Regency. The population in this study were all 60 farmers in Lanowulu Village and Roraya Village who received KUR. Sampling was carried out using a non-probability sampling method, namely through the saturated sampling method (census), where the entire population was sampled. Analysis of the data used is the T-Test test to determine the difference in income before and after receiving KUR and multiple linear regression analysis to determine the effect of KUR on rice farming income after receiving KUR. The results showed that there were differences in the income of lowland rice farming before receiving KUR and after receiving KUR. Farming income after receiving KUR with a significance value of 0.000. People's Business Credit (credit amount, credit usage, credit installment) has a significant effect on farm income in Tinanggea District, South Konawe Regency.

Impact of Covid-19 on Troubleshooting Loans in Practice of Village Credit Institutions

This article analyzes the Impact of COVID19 on the Settlement of Non-performing Loans in the Practice of Village Credit Institutions. The focus of the study is on the dilemma faced by LPDs in Some Traditional Villages in Denpasar City in resolving non-performing loans in the era of the COVID19 pandemic. This problem is the focus of the study, because non-performing loans are a very frightening specter for communal financial institutions such as LPDs, even more so in the era of the COVID19 pandemic. If one takes legal action, it will certainly result in very dangerous for the survival of the LPD concerned. By using the method of providing professional services through discussions with LPD Management in Denpasar City Traditional Villages in resolving the impact of COVID19 on the settlement of non-performing loans in LPDs. Based on the results of interviews and discussions with LPD administrators throughout the city of Denpasar, it can be found that the LPD management in the era of the COVID19 pandemic in resolving non-performing loans is faced with a dilemma, namely on the one hand LPD has a special mission to help and encourage the economic development of traditional villages and improve the welfare of traditional village manners, but on the other hand, with the COVID19 pandemic, it turns out that credits channeled to fund borrowing customers (who are actually village manners themselves) have difficulty fulfilling their obligations to return credit installments as agreed in the credit agreement. In this position, the LPD Management is faced with between saving credit to maintain the health of the LPD’s operations, or by executing a guarantee (guarantee) which will certainly create suffering for the Krama Desa Adat itself. In this activity, a solution has been provided so that the settlement of non-performing loans faced by LPDs during the COVID19 Pandemic Era is resolved through the Principles of Balinese Customary Law. “Paras Paro, Gilik seguluk, Sarpaya ya sabayantaka”.

APAKAH METODE PEMBAYARAN PAYLATER AMAN?

The fintech phenomenon in Indonesia continues to develop, one of the innovations is the service from an attractive fintech, namely pay later. Pay later which is a credit installment with a full digital service where the document submission is done online. This study aims to determine the trust and security in reusing the pay later feature on the marketplace. The object of this research is Pay later users who are located in Denpasar. The number of samples in this study was 50 respondents. The technique used is purposive sampling. The results showed that the variables of trust and security partially affect reuse. The trust variable has a positive and significant effect on the reuse of the pay later feature in the marketplace. Security has a positive and significant effect on reusing the pay later feature on the marketplace. The results of this study are expected to be useful for all Pay later users who use the Pay later feature as a reference in investigating the factors that influence the reuse of the Pay later feature.

EVALUASI KEPATUHAN DEBITUR DALAM PENYAMPAIAN PEMBAYARAN PIUTANG PADA PT ALYA PROPERTY TANGERANG SELATAN

PT. Alya Property is located in South Tangerang, engaged in property services, property sold on credit. The problem that arises is that debtors are not orderly in paying installments of receivables, causing bad credit. This dragged on and resulted in the company experiencing difficulties in its operations. To answer this hypothesis, the researchers focused on debtor compliance in the delivery of receivable payments at PT Alya property. he results of the study to answer the hypothesis, then, the analysis of the aging list of accounts receivable can be carried out by PT ALya Property with the presence of an Internal control department in charge of controlling the management of receivables starting from credit sales orders, credit installments to repayment of receivables.

Penerapan Data Mining Pada Penjualan Produk Digital Konter Leppangeng Cell Menggunakan Metode K-Means Clustering

The Leppangeng Cell counter is a counter that sells digital products in the form of Credit, Data Packages, PLN Electricity Tokens, Electricity Payments, BPJS Payments, PDAM Payments. Spidy or Indihome Payments, Home Phone Payments, Postpaid Payments, Game Voucher Sales, Cable TV Payments, Credit Installment Payments, Train Ticket Payments, PGN/Gas Payments, Shope Payments and Cash Transfer Services and Top Up. However, from the counter sales, of course, not all of them sell well, there are also products that don't sell. Sales data, purchases and unexpected expenses at the Leppangeng Cell Counter are not well structured, so the data only serves as a store archive and cannot be used to develop marketing strategies. Therefore, it is necessary to apply data mining using K-Means at the Leppangeng Cell Counter. The K-Means method can be applied to the Leppangeng Cell Counter to determine sales of digital products that are selling well and not selling well. The application of the K-Means method at the Leppangeng Cell Counter is by grouping digital product stock data. Then select 3 random grub as initial centroid. After the data for each group does not change, the results of data processing are obtained in the form of 114 products that sell, 5 underperforming, and 14 not sold. Then, the application of the K-Means method to Rapidminer is carried out by entering the initial product stock, the sold stock and the final stock to be changed and form K-Means. After that, Rapidminer will produce which products have high and low demand

Praktek Pembayaran Angsuran Kredit Jual Beli Sepeda Motor

Credit installments are installments that are deferred payments orpayments on a pending basis, by providing installments in certainamounts for a certain amount of time, the price is more expensivethan the cash price. This study aims to determine the practice ofpaying installments for motorcycle buying and selling loans at PT.Mandala Sigli. This type of research is field research usingdescriptive methods of analysis. The data collection usesobservation, interview, and observation techniques. The results of thestudy showed the practice of paying installments for motorcyclebuying and selling loans at PT. Mandala Sigli is carried out with adaily payment technique in accordance with the agreement, thelength of installments determines the length of payment, and thebenefits obtained by the company will be different. Installmentpayment of motorcycle buying and selling credit at PT. Mandala Sigliaccording to the view of Islamic law is not appropriate, this isbecause there is an element of fine in case of delay which is forbiddenin Islam, and is included in the riba jahiliyah (usury nasi'ah), whichis an addition to the debt that arises due to the delay factor

PENYELESAIAN SENGKETA KREDIT MACET AKIBAT DEBITUR WANPRESTASI DALAM SITUASI PANDEMI COVID-19 PADA BPR KITA, KUTA-BADUNG

The business activities carried out by BPR KITA are collecting and distributing funds to residents in the form of credit loans. Given COVID-19 pandemic, which implementation of lending carried out by BPRs did not run smoothly, as a result it resulted in congestion on credit or defaults, this factor was the cause of the inability of citizens to fulfill certain obligations from transactions and engagements that they had carried out. , resulting in the threat of default such as late payment of credit installments and other payments that have been previously agreed with the bank. This thesis research is empirical legal research which places more emphasis on field research. The research method used is descriptive qualitative method, using primary data and secondary data. The data collection technique used in the preparation of this thesis is an interview technique with the main director of BPR KITA. The results of this thesis research can be concluded that the cause of bad loans is due to a pandemic that has an impact on their business, resulting in a default by the debtor, so the settlement of bad credit disputes at BPR KITA uses a non-litigation method (outside the court), which takes a non-litigation approach. to the debtor and find a way out so that the debtor can carry out his obligations again.

Legal Strength of Consumer Financing Principal Agreements Post The Decision of the Constitutional Court No. 18/puu-xvii/2019

After the Constitutional Court Decision No. 18/PUU-XVII/2019, fiduciary certificates no longer have direct executive power and the determination of promise injuries is not determined unilaterally by financing creditors but based on agreements between creditors and debtors. This certainly has an impact on fulfilling the rights of business actors (creditors) and ignoring binding powers on the principal financing agreement and fiduciary certificate. The purpose of this study is to find out whether the Constitutional Court Decision No. 18 / PUU-XVII / 2019 is contrary to the main agreement of consumer financing, and How the legal strength of the consumer financing agreement after The Constitutional Court Decision No. 18 / PUU-XVII / 2019. The type of research used is a type of normative research with a focus on the statutory approach and the conceptual approach. The results of the study explained that the principal agreement of consumer financing with The Decree no. 18 / PUU-XVII / 2019 there is a conflict (conflict) but only a pseudo conflict (not a textual conflict) because in terms of intent and purpose there is no conflict, but potentially less balance the legal interests of business actors. Constitutional Court Decision No. 18/PUU-XVII/2019 has destabilized the existence of the deed of the principal financing agreement. The minimum limit of proof of the principal financing agreement is not perfect and no longer binding as the law for both parties and the deterioration of the evidentiary value of the deed of the principal agreement and the legal strength of the fiduciary certificate and the principal financing agreement is in the determination of the court. There need to be regulations that regulate sanctions if consumers deliberately delay their obligations to pay credit installments and the need for the participation of community institutions, business actors, and including the government to socialize.