FINANCIAL LITERACY AND RISK PERCEPTION TOWARDS ONLINE LOAN INTEREST THROUGH EASE OF USE

Abstract

This study aims to provide evidence of the influence of financial literacy and risk perception on online loan interest through ease of use as a moderating variable in the Surakarta City community. The sample used in this study was 100 respondents with an age range of 19-34 years. The data analysis methods used in this study were instrument testing, classical assumption testing, and hypothesis testing with regression. The results of the study indicate that financial literacy has no significant effect with a negative direction on online loan interest. Risk perception has no significant effect with a positive direction on online loan interest. Ease of use has a significant effect with a positive direction on online loan interest. Ease of use is able to moderate the relationship between the influence of financial literacy and online loan interest. Ease of use is able to moderate the relationship between the influence of risk perception and online loan interest. The results of the determination coefficient test (R²) of financial literacy, risk perception and ease of use have an influence of 20.2% on online loan interest, the rest is influenced by other variables not examined in this study.