JULO review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

JULO suits Indonesian borrowers with a minimum monthly income and an active bank account who want a credit line alongside personal loans. It is a lending marketplace, and its fixed rates of 36% to 96% a year run well above the 12% across the site.

Key facts

Best for
Indonesian adults with a minimum monthly income who want a credit line and quick disbursement.
APR
36% to 96% (Source, checked September 26, 2026)
Loan amount
IDR 500,000 to IDR 50,000,000 (Source, checked September 26, 2026)
Term
2 to 9 months (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Up to 2x24 hours (Source, checked September 26, 2026)
Representative example
Rp500,000 loan: Rp465,000 received, Rp550,000 repayable, total cost Rp85,000 (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Marketplace (Source, checked September 26, 2026)
Eligibility
Indonesian citizen with KTP living in Indonesia, aged 18-65, minimum income Rp2,500,000 per month, active bank account (Source, checked September 26, 2026)
Loan types
Personal, Credit-line, BNPL, Business (Source, checked September 26, 2026)
Credit needed
Fair (Source, checked September 26, 2026)
Legal entity
PT. JULO Teknologi Finansial (Source, checked September 26, 2026)
Headquarters
Indonesia (Source, checked September 26, 2026)
Founded
2016 (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Credit line
Official website
julo.co.id

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInX

Pros and cons

Pros

  • Licensed by the Otoritas Jasa Keuangan, licence S-589/NB.213/2018.
  • Disbursement in Up to 2x24 hours once a drawdown is approved.
  • Support runs on email, chat and phone.
  • Loan sizes run IDR 500,000 to IDR 50,000,000, so smaller needs and larger ones sit under the same account.

Cons

  • APR of 36% to 96% a year sits far above the 12% median across the site.
  • Terms are short: 2 to 9.
  • It works as a lending marketplace (marketplace), so the lender sits behind the brand.
JULO

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Scored 8.4 / 10 by BorrowCue.

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Who it suits

  • Indonesian citizens with a KTP living in Indonesia who have a minimum monthly income and an active bank account.
  • Borrowers who want a revolving credit line (credit line) rather than a single lump sum.
  • Anyone who prefers a fixed rate (fixed) that holds for the whole term.

Who should look elsewhere

  • Cost conscious borrowers: Cashspace charges PHP 12 to PHP 36, a band that starts under the 36% to 96% charged here.
  • Anyone after interest free credit: Cashspace ES shows 0%.
  • Borrowers wanting a lower rate than 36% to 96%: Monzo Flex runs 10% to 23%.

Who runs it

JULO runs as PT. JULO Teknologi Finansial (PT. JULO Teknologi Finansial), based in Indonesia (ID) and founded in 2016. It holds a licence from the Otoritas Jasa Keuangan, S-589/NB.213/2018. Day to day help comes through email, chat and phone, so a question about a repayment date or a drawdown can reach a person as well as a form.

How JULO compares

Where JULO is available

Available
Indonesia
Licence in Indonesia
Otoritas Jasa Keuangan (OJK) (S-589/NB.213/2018), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does JULO lend, and how much can I borrow?+

JULO covers personal loans, a revolving credit line, buy now pay later and business lending (personal, credit line and bnpl). Borrowing runs IDR 500,000 to IDR 50,000,000 per drawdown. The credit line lets you draw, repay and redraw instead of taking one lump sum, which suits irregular expenses.

What will a loan cost?+

APR runs 36% to 96% a year, and the rate is fixed (fixed), so the cost does not move during the term. In the representative example the amount received is lower than the sum borrowed, the repayable total is higher, and the gap between the two is the cost of the loan.

Over what period are loans repaid?+

Terms run 2 to 9, which is a short window for a personal loan. Because the balance clears quickly, the instalment is the figure to check before applying, and the rate band of 36% to 96% applies to the whole period.

Is JULO regulated, and who is behind the loan?+

JULO holds a licence from the Otoritas Jasa Keuangan, S-589/NB.213/2018. It works as a lending marketplace (marketplace), so borrowing is arranged with a lender on the platform rather than with the brand alone.

Who can apply?+

You need to be an Indonesian citizen with a KTP living in Indonesia, an adult within a stated age band, earn a minimum monthly income and hold an active bank account. A hard credit check runs on the application (hard) and the lender looks for fair credit (fair).

How quickly does the money arrive?+

Approved funds are released in Up to 2x24 hours, so a same day drawdown is possible at the quick end of that window. Once a credit line is approved it stays available, which means later needs can be drawn without a fresh application.

How do I get help with an existing loan?+

Support runs on email, chat and phone, so email, chat, phone and a help centre are all open. A repayment date question or a drawdown hold can be raised by phone as well as in writing, which is useful once money has already moved.

How does JULO's rate compare with the rest of the market?+

The 36% to 96% band at JULO sits well above the 12% median across the site and above the 10% to 23% band at Monzo Flex. Cost is the main reason to look elsewhere, even with fast disbursement and a credit line on the same account.

Sources

  • julo.co.id checked September 26, 2026

    Backs: APR, Features, Legal entity, Loan types, Term, Licences

    “Bunga 3% - 8% per bulan (~APR 36% - 96%)”

  • julo.co.id/about checked September 26, 2026

    Backs: Credit needed, Founded, Headquarters, Representative example

    “Kantor Utama PT. JULO Teknologi Finansial 88@Kasablanka Tower A Lantai 5. Jl. Raya Casablanca Kav.88, Jakarta Selatan 12870”

  • julo.co.id/faq checked September 26, 2026

    Backs: Support channels

    “Email: cs@julo.co.id ... Live chat via aplikasi JULO ... Call Center: 021 5091 9034 / 021 5091 9035”

  • julo.co.id/faq/faq-tarik-dana checked September 26, 2026

    Backs: Funding time

  • julo.co.id/product/pinjaman-online/pinjaman-uang-online checked September 26, 2026

    Backs: Loan amount, Eligibility, Pricing model, Rate type

    “Suku bunga pinjaman uang online JULO hanya dari 0,1% per hari”

  • julo.co.id/terms-and-conditions checked September 26, 2026

    Backs: Credit check, Lender type

    “PT Julo Teknologi Finansial bertindak sebagai penyelenggara Layanan Pendanaan Bersama Berbasis Berbasis Teknologi Informasi (peer-to-peer lending)”

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee.

JULO

JULO

Indonesian adults with a minimum monthly income who want a credit line and quick disbursement.

8.4/10See alternatives

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