FAQ

Are there any documents need for apply any loan?

The answer is always YES unless you wish to get a loan from loan shark. Basic requirements include proof of income (for example, salary statements, EPF statement, rent received, etc.) and bank statement. Self-employed and company applicants need to provide copies of recent tax returns and financial statements. You can also use our document checklist of what you will need to apply.

How much interest rate for a loan?

How much you pay and how long you take to repay your loans will vary depending on the loan type, loan amount, term of payment,  ability to repay the debts & the credit scores. 

What is the procedures of  apply a loan from us?

After you fill up the application form & summit all the supporting documents, we will do a financial analysis on your case and  summit to the most suitable body which have higher approval rate  for your loan. 

How much the charges for our consultant fees?

We DO NOT charges/ collect any upfront. It's totally free of charge.

Looking for a cheap loan?

We all need to borrow money from time to time, but debts can quickly spiral out of control. So it's important to make sure that you are signing up for the right deal at the right price.

What is an unsecured loan?

When you take out an unsecured loan, the bank or lending society will usually lend between RM1000 and RM25,000 over a short repayment period.  The interest rate and the monthly payments are fixed over the term of the loan.
And bear in mind that you might not be offered the advertised rate. Lenders often vary the rate according to your credit score: if you have a poor credit score, you might have to pay a higher rate of interest. The amount you want to borrow could also affect the rate as lenders tend to charge higher interest if you borrow a smaller amount.

Is an unsecured loan right for me?

If you want to borrow money to pay for a holiday or a new car, then an 'unsecured' personal loan is often the best option. Or take out a secure personal loan if you can afford the monthly repayments.

What is a mortgage loan?

If you are a homeowner, you can secure a loan against your house. The interest rates on mortgage loans are usually lower because the lender can auction the property if you default on the debt. Do not take out a mortgage loan if you only need a small amount of personal expenses, because do you want to put your home at risk for the sake of a new washing machine?

Is a mortgage loan right for me?

Mortgage loans can be useful if you want to borrow larger amounts over a longer time period, or if you have a poor credit score and cannot get a good deal on an unsecured loan.

Can I consolidate my debts into one loan?

If you have several debts with different lenders, you might want to take out a single loan to consolidate your borrowings.
A consolidation loan can make it easier to manage your finances as you have to make only one monthly payment. It could even be cheaper as you might be able to arrange a lower interest rate. But remember to pay off your existing loans and cut up any credit cards straight away so you aren't tempted to run up more debts.