Kredivo review

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

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Our verdict

Kredivo suits Indonesian adults who want small, fixed-rate instalments or a credit line they can draw on. It lends directly, with a 0% arrangement fee on its installment plans, and decisions come back fast enough to hold the money for same-day spending.

Key facts

Best for
Indonesian borrowers who want a small fixed-rate instalment or a revolving credit line through one app.
APR
0% to 41.51% (Source, checked September 26, 2026)
Loan amount
IDR 1,000,000 to IDR 50,000,000 (Source, checked September 26, 2026)
Term
1 to 24 months (Source, checked September 26, 2026)
Arrangement fee
0 for 1-month and 3/6/9/12/18/24-month installment tenors; 6% of the loan on KrediFazz cash loans (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Application in 5 minutes, account decision within 1x24 hours (Source, checked September 26, 2026)
Representative example
IDR 4,000,000 over 12 months at 1.99% per month: IDR 412,950 per month, IDR 4,955,400 total (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Indonesian citizens aged 18 to 60, domiciled in Indonesia, minimum monthly income IDR 3,000,000 (Source, checked September 26, 2026)
Origination fee (%)
0% (Source, checked September 26, 2026)
Loan types
BNPL, Personal, Credit-line (Source, checked September 26, 2026)
Legal entity
PT Kredivo Finance Indonesia (Source, checked September 26, 2026)
Headquarters
Indonesia (Source, checked September 26, 2026)
Support channels
Phone, Email, Chat, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding, Credit line
Official website
kredivo.id

Apps and profiles

Elsewhere
facebook.com

Pros and cons

Pros

  • No arrangement fee on installment plans, at 0%
  • Fixed rates at fixed, so monthly payments do not drift
  • Repayment terms run 1 to 24, so short and long plans both work
  • Support covers phone, email and chat

Cons

  • Applications use a hard credit check (hard)
  • APR runs as high as 0% to 41.51% at the top of the range
  • KrediFazz cash loans add an arrangement fee on top of interest, unlike the installment plans
Kredivo

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Scored 9.3 / 10 by BorrowCue.

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Who it suits

  • Adults in Indonesia with a steady monthly income who can meet the eligibility rules
  • Shoppers splitting purchases into instalments through the app
  • Borrowers who want an app-drawn credit line as well as a one-off loan

Who should look elsewhere

  • Anyone outside Indonesia, since eligibility is limited to Indonesian citizens domiciled there
  • Monzo Flex, for borrowers who prefer a lower-rate personal loan over an instalment app
  • Cashspace, for anyone wanting a single credit decision against a stated APR range

Safety and regulation

Kredivo is a direct lender rather than a broker, so the contract sits with the company you apply to. The representative example shows a fixed monthly instalment on a set loan amount, which makes the cost of borrowing visible before you sign. The figure on the app is the figure you repay, and the model behind it is fixed-rate.

Who runs it

The lender is PT Kredivo Finance Indonesia, based in Indonesia, and it operates under Otoritas Jasa Keuangan (OJK). Help runs through phone, email and chat, so a question about a payment can be raised by phone, email, live chat or the help centre rather than through a single channel.

How Kredivo compares

Where Kredivo is available

Available
Indonesia
Licence in Indonesia
Otoritas Jasa Keuangan (OJK), checked September 26, 2026

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

Frequently asked questions

What does Kredivo cost to borrow?+

The arrangement fee on the installment plans is 0%, and interest is charged at 0% to 41.51% on a fixed rate, so the monthly payment holds steady across the term. KrediFazz cash loans charge an arrangement fee on top of that interest.

How long can I borrow for?+

Terms run 1 to 24, so a plan can be as short as a single month or stretch across a longer repayment period. The longer the term, the more you pay in interest overall, so the shortest workable term costs least in total.

How much can I borrow?+

Loan amounts run IDR 1,000,000 to IDR 50,000,000. A credit line lets you draw down only what you need and pay it back over your chosen term, while a cash loan is repaid as fixed instalments across the schedule you pick at application.

What credit check does Kredivo use?+

It applies a hard credit check, which means the outcome can leave a mark on your credit file and affect later borrowing. Applying when you already know roughly what you want is sensible, since repeated applications tend to work against your record.

Who is behind Kredivo?+

The lender behind the app is PT Kredivo Finance Indonesia, headquartered in Indonesia and regulated by Otoritas Jasa Keuangan (OJK). It lends as a direct lender rather than a broker, so the contract and the repayments sit with Kredivo rather than a third party.

How quickly do I get a decision and money?+

Applying takes minutes and the account decision comes within Application in 5 minutes, account decision within 1x24 hours. Same-day funding is listed among the app's features, so an approved request can reach you while you still need the money rather than waiting for a later date.

What products does Kredivo offer?+

The range covers buy now pay later, personal loans and a credit line, so one app handles shopping instalments, a fixed loan and a revolving facility. The loan types on offer are bnpl, personal and credit line, and the arrangement fee on the installment plans is 0%.

Who can apply?+

Eligibility covers Indonesian citizens domiciled in Indonesia who fall inside a stated age range and meet a minimum monthly income. The age and income thresholds come straight from Kredivo's own eligibility terms, so check them before you start an application.

How do I get help?+

Support runs through phone, email and chat, so a payment question can be raised by phone, email, live chat or the help centre. That spread matters for anyone who would rather not chase an answer, since no single route is the only way in.

Sources

  • kredivo.id checked September 26, 2026

    Backs: Licences

  • kredivo.id/faqs.html checked September 26, 2026

    Backs: Loan amount, Eligibility, Loan types, Pricing model, Arrangement fee, Origination fee (%), Rate type, Support channels, Term

    “Akun Starter - Bayar dalam tenor 1 bulan: Kamu bisa mendapatkan limit hingga Rp1.000.000; Akun Premium - Cicilan: Kamu bisa mendapatkan limit hingga Rp50.000.000”

  • kredivo.id/tos-id checked September 26, 2026

    Backs: Credit check, Legal entity, Lender type

  • play.google.com/store/apps/details checked September 26, 2026

    Backs: APR, Features, Funding time, Headquarters, Representative example

    “Alamat kantor pusat: Dipo Tower Level 3 Unit A-B, Jalan Jenderal Gatot Subroto No. Kav. 51-52, RW.7, Kota Jakarta Pusat, Daerah Khusus Ibukota Jakarta 10260”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Kredivo

Kredivo

Indonesian borrowers who want a small fixed-rate instalment or a revolving credit line through one app.

9.3/10Visit

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