Type of Loans
A personal loan might be right for you if you want to fund a big expense or if you want to consolidate debt. Personal loans may come with lower interest rates than credit cards, so funding a big expense or project with a personal loan could save you thousands of dollars on interest payments. This is a loan scheme which provides loans to individual with a source of income. It comes with a monthly repayment plan to meet your personal needs. A personal loan can also be defined as a short term loan and it may be the answer to your short-term cash needs. This is because a personal loan normally has a repayment period that is shorter than other types of loan such as housing loan or a mortgage. We’ve got customized personal loan to meet your need with no hidden cost for consultation fee.
Take your business further with the right business loan. We offer flexible loan tenures and high financing margins. We are here to help people with their financing needs, whether they are small business or corporate group. To be truly effective as a money lender advisor, we believe it is important to offer a wide range of services and solutions. Our offerings provide funds for running your business, such as for purchasing of stock, managing overheads and other business activities, to fulfil your working capital needs.
Personal Loan
Features and Benefits
No hidden fee
No guarantor required
We do not require any ATM card
1 day Approval
Business Loan
Who Can Apply：
Firms / Companies registered with respective Professional Bodies like SSM
Eligibility
For Malaysian aged 18 & above with a minimum income of RMX per month
Required Documents
- Application form together with:
- Copy of NRIC (both sides)
- Latest 1 month salary slip
- Latest 3 months’ savings account activity/current account statements (optional)
- If you are self-employed:
- Copy of NRIC (both sides)
- Copy of Business Registration
- Latest 6 months’ Bank Statements
Fees & Charges
- No Fee will be incurred, e.g. processing fee, stamping fee, lawyer fee & so on.
- Late payment Charges: Yes
- Early settlement fees: Discount will be given
Where to file complaint if you encounter scammer?
Website: http://www.pacsu.com.my/ Hotline: 03-2266 2222 (open 24 hours)
| We | Scammer | |
| License | License issued by Ministry of Housing and Local Government In Malay is KPKT (Kementerian Perumahan Dan Kerajaan Tempatan) | Most of the scammer don’t have a license. They might steal other license to use if they have one. |
| office | Yes | No |
| Meet up | Client can choose to meet up in the company’s office, or at the any designated place decide by client | Don’t dare to meet you. Afraid that you will recognize them. |
| Various fees Application fee / Registration fee/ Lawyer fee / Admin fee | Definitely no fee that you need to pay | Yes, scammer will give you any reason to get money from you. |
| Application documents | The basic information must be met before the company will allow your loan application to pass. | Regardless whether you are eligible to apply or not, scammer will say that they can grant you a large loan amount so that you will fall into the trap. |
| interest | Will solve your financial difficulty at a reasonable rate | They will even tell you there is no interest at all. |
| Application process | Loan will only approved upon both parties agreed to proceed. | Any excuses will be used for client to you to pay them. In many cases, they will shirk their responsibility to the employees. They have fired the employees who cheated on your money, and they have called the police. |
Share with your friends about how to prevent scammer.
Since we have bank in Malaysia, why there is licensed moneylender？
Who issued the license for moneylender?
Bank Negara Malaysia (BNM) does not issue any moneylending licences.
Picture 1: fake license
Picture 2: real license
How do banks and licensed loan companies make money?
| Commercial Bank | Licensed Moneylender |
| Loan RM100 (capital) but require deposit of RM500 from the client | Loan RM100 (capital) |
| For commercial banks, they earn interest from their own capital (RM100) and also from loans extended using the borrower’s deposits (RM500) | Earns interest from its own capital (RM100) only |
| In the event of a default, shareholders of the bank are protected from losses as the bank still maintains capital (RM100) with the deposit RM400 (less RM100 borrowed) | In the event of a default, the moneylender loses 100 percent of its capital (RM100), a risk that such institutions bear and are bound by legal guidelines. |
Apply Now:
All your personal information will be kept confidential. We hope to hear from you!