Direct Lending, Author at Direct Lending Malaysia

Direct Lending

Direct Lending is an online personal lending marketplace, enabling borrowers to find, apply and receive financing that best suit them. Financing products on our platform are Shariah-compliant and are provided by RCE Capital Berhad (a Bursa Malaysia listed company), Public Islamic Bank, Koperasi KOBETA, Koperasi KOPUTRI and Koperasi Ukhwah. In addition, we also collaborate with JCL Credit Leasing, a licensed lender registered under KPKT.

What is Koperasi Loan & 3 Reasons To Use It

(This article was originally published on the 17th of September 2017 and updated on the 6th of October 2021). A personal loan is a type of credit facility offered by financial institutions to help fulfill your financial needs. In general, many borrowers apply for a personal loan based on various reasons such as settling overdue …

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flat rate, effective rate, fixed rate & floating rate

What is flat rate vs. effective interest rate & fixed rate vs. floating rate?

When talking about interest rate and repayment for loans, you might come across various terminologies such as flat rates, effective rates, fixed rates, and floating rates. What are the differences and functions of these different rates? This article aims to provide an explanation of these different rates and their functions in determining the interest amount …

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base rate

Impact of Base Rate (BR) & Revised Reference Rate Towards Your Loan

History Of The Reference Rate Framework The Reference Rate Framework was introduced in 1983, where the Base Lending Rate (BLR) was used as the reference rate for retail floating-rate loans. Since then, the provision and implementation for the Base Lending Rate have grown in line with the development of the financial sector. However, the Base …

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complete guide on buying car

Can’t Buy A Car With Salary of RM1,500, Is This For Real?!

Buying a car requires just not a hefty amount of money but also a proper plan, especially during this period where the world is battling with the Covid-19 pandemic that requires immediate attention. Today, owning a car is not considered as wants but has become a need to many, especially those who have to travel …

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teknik-langsaikan-hutang

5 Underrated Techniques To Settle Debt – Many Are Unaware Of No 2!

When debt starts to build up and you spend your monthly salary just to pay back debt, this is a sign for you to know effective techniques to settle debt. You may have come across these 5 techniques before that you have saved and share on Facebook and Instagram. But, your debt will still be …

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safe personal loan

4 Tips On How To Apply Safe Personal Loan During MCO, Don’t Fall Victim To Ah Long!

Those whose source of income has been dwindling down and are unable to apply for the moratorium or not eligible for one has been considering to apply for a personal loan instead. As we all know, even though the moratorium aid can help in postpone the monthly installment but to compensate, the tenure of the …

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3 Ways To Overlap Personal Loan

Personal loan is deemed interesting to borrowers due to its flexibility. One of the uniqueness of a personal loan is that you only need to pay the same installment amount monthly (fixed interest rate) and it does not need a collateral (asset) from the borrower. With such flexibility, many borrowers prefer to use personal loan …

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Top 6 Mistakes To Avoid When Applying For A Personal Loan

[INFOGRAPHIC] Top 6 Mistakes To Avoid When Applying For A Personal Loan

Many of us prefer personal loans due to its flexibility and most importantly, no collateral and guarantor are required. Loan processing will also be less hustle. However, even if you need urgent financial help, don’t rush to make a decision without doing the background checking. You might face losses that will affect your financial status …

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Direct Lending Announces #DIRECTBANTU+, A Collaborative CSR Program to Ease Malaysians’ Financial Burden During FMCO

PRESS RELEASE KUALA LUMPUR, 3 June 2021  – Direct Lending, an online personal lending marketplace, is launching #DIRECTBANTU+ to help ease the Rakyat’s financial burden during the recently announced full lockdown (FMCO). With a mission to make loan processes safer, more accessible & affordable for those who need it, Direct Lending is offering an opportunity …

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