Jurnal Manajemen Indonesia (Vol. 21(3), pp. 238-245, 2021) Article info Received (31/01/2021) Revised (15/01/2021) Accepted (31/08/2021) Corresponding_author: retnosrini@upi.edu DOI: 10.25124/jmi.v21i3.3571 Copyright@2021. Published by School of Economics and Business – Telkom University This Journal is available in Telkom University online Journals Jurnal Manajemen Indonesia Journal homepage: journals.telkomuniversity.ac.id/ijm The Relationship Between Financial Literation Towards Users Of Loan Transacted Applications In The Millennial Generation Retno Setyorini 1 , Candra Wijayangka 2 , Fikri Haikal 3 and Nugraha 4 1,2,4 Management Study Program, Education , Indonesia University of Education, Bandung, Indonesia 1,2,3 Business Administration Study Program, Telkom University, Bandung,Indonesia Abstract This study aimed to find a relationship between financial literacy and the use of loans transacted for the millennial generation—quantitative approach research method. The population in this study is the millennial generation in Bandung who have made loans transacted. The sample used was 270 people with a non-probability sampling technique with the criteria of users of online loan fintech products. The analysis technique used is a simple correlation and regression test. The results obtained show a significant influence between financial literacy variables on loans transacted with a t-value of 6,947. While the results of the correlation test state that the contribution of financial literacy to loans transacted has a contribution of 0.567, meaning that there is a fairly close relationship in terms of positive linear correlation value (r = 1), which means that every increase in financial literacy can increase the level of loans transacted Keywords—; Fintech; Financial Literacy; Loans transacted Applications;Millenial Abstrak Tujuan penelitian ini adalah untuk mencari hubungan antara literasi keuangan terhadap pemanfaatan pinjaman online pada generasi milenial. Metode penelitian pendekatan kuantitatif. Populasi dalam penelitian ini adalah generasi milenial di Kota Bandung yang pernah melakukan transaksi pinjaman online. Sample yang digunakan sebanyak 270 orang dengan teknik pengambilan sampel non-probability sampling dengan kriteria pengguna produk fintech pinjaman online. Teknik analisi yang digunakan adalah uji korelasi dan regresi sederhana. Hasil penelitian yang didapat adalah terdapat pengaruh yang signifikan antara variabel literasi keuangan terhadap pinjaman online dengan t-value 6.947. Sedangkan hasil uji korelasi menyebutkan bahwa kontribusi literasi keuangan terhadap pinjaman online memiliki kontribusi 0.567, artinya terdapat hubungan yang cukup erat ditinjau juga dengan nilai korelasi linier positif (r=1)yang artinya setiap terjadi kenaikan literasi keuangan dapat menaikan tingkat pinjaman online. Kata kunci— Aplikasi Pinjaman Online; Fintech; Literasi Keuangan; Milineal I. INTRODUCTION The development of the financial sector is recognized as a determinant of a country's economic growth (Cole, Sampson, & Zia, 2011) As technology advances rapidly, financial technology (fintech) is introduced to the public as a technology-based financial service that can help people make financial transactions anytime and anywhere (Istiqamah, 2019) Fintech, which is present in the community, provides technology-based financial services with a new business model that can indirectly impact monetary stabilization, financial system stabilization, efficiency, smoothness, security, and reliability in the payment system (Supriyanto & Ismawati, 2019). Otoritas Jasa Keuangan (OJK), on August 14, 2020, recorded the number of registered peers to peer lending fintech operators as many as 157 companies that have been registered and have a license. Meanwhile, peer to peer lending fintech loans continued