PERSONAL LOAN
What can I use a personal loan for? Need extra cash to meet unexpected
financial needs? Facing difficulties to pay off your credit cards
outstanding, housing or car loan repayment, medical expenses, education
fees? Or need fund for purchase a car when you have bad credit? For
one-time special events like weddings, celebrations and holidays?
The most popular use of a personal
loan is to combine other debts, such as car loans, credit cards and
payday loans, into just 1 loan with a fixed rate, fixed monthly payment
and closed-end term, advantages can include a lower rate, which can
reduce the total amount of interest paid, and a finite term, which can
set an end date to the payments. The objectives are to save money,
restructure the financing or both.
Will I qualify for a personal loan if my credit
is bad? If your credit score is low, you may still qualify for apply
personal loan with us when you have bad credit. There are many other steps you can take as well
that can improve your credit score and reduce your debt. With poor
credit, fewer banks may be willing to lend to you and you’ll probably
have to pay a higher interest rate. You can use your asset as collateral
but there is a risk of losing it if you don’t pay back your loan.
Enjoy Loanplus2u low interest rate and monthly
installments to better manage your finances. The most easier way to get
fast cash from our Personal Loan division, our simple procedure and fast
approval scheme with variety of repayment structure.
Product features
- Financing amount up to RM300,000.
- Loan tenure up to 7 years.
- Interest rate 1% per month collateral, 1.5% per month without collateral.
- Approval duration within 60 minutes.
Eligibility
- Age requirement (min-max) 21 - 65 years old.
- For Malaysian: Annual income of RM20,000 and above.
- For Foreigner: Annual income of RM45,000 and above.
- Blacklisted by CCRIS/ CTOS can apply.
Documents required supporting your application:
If you are a Salaried Earner, please prepare
- Copy of NRIC (both sides).
- Latest 3 months' salary slips or Latest EPF statement.
- Latest BE form with official tax receipt.
- Latest 3 months' Bank Statements.
- Electricity/ Water Bill.
If you are a Self Employed, please prepare
- Copy of NRIC (both sides).
- Latest BE Form with official tax receipt.
- Latest 6 months' Bank Statements.
- Electricity/ Water Bill.
- Sole proprietorship company forms required: Borang B and Borang D.
- Sdn Bhd company forms required: Borang 9/ 13/ 24/ 49 and M&A.