Term & Condition
- Representative Annual Percentage Rate (APR) or range
- Maximun 18%
- Fees of Loan Application incl. all fees
- Processing Fees RM 50
- Runner Fees RM 50
- Implications of Non-Payment
- Additional 1% interest rate charges if payments are late or missing
- No legal consequences if payments are late or missing
- No legal actions will be taken if payments are late or missing
- No impact on credit score if payments are late or missing
- Renewal Policy
- Minimum 3 Months & Maximum 5 Years of repayment period.
- Automatic Extension of Loan which passed the payment period.
- Upon renewal, there will be no fees or (interest) rate changes.
- Payment date change to new cycle from the date renewed.