Direct Lending

What are the Differences between Koperasi and Licensed Moneylender?

Most of the personal loans in Malaysia are offered by banks, cooperatives (Koperasi) and Licensed Moneylender. There are some misconceptions stating that Koperasi is categorised under Licensed Moneylender or...

7 Ways To Clear Your Negative CCRIS Record

(This article was originally published on the 8th December 2017 and updated on the 20th November 2019).  We have received many enquiries from our customers on how to clear their negative CCRIS (Central Credit...

3 Reasons To Use Koperasi Loan

(This article was originally published on the 8th October 2017 and updated on the 18th November 2019).  In our previous article, we discussed about the features of Koperasi Loan and how it is different from a...

What is CCRIS and CTOS?

(This article was originally published on the 15th of January 2017 and updated on the 15th November 2019).  “Your loan is rejected because you have a bad CCRIS or CTOS record”. Have you been told this before...

What is Koperasi Loan & How is it Different from a Commercial Bank Loan?

(This article was originally published on the 17th of September 2017 and updated on the 13th of November 2019).  A Koperasi Loan or Cooperative Loan is a type of personal loan offered to civil servants working...

5 Things To Consider Before Getting A Personal Loan

Whether you are a business owner or a gainfully employed individual, the need for money is ever present. Your steady stream of income will get you by to pay for recurring expenses and cover your day-to-day...

Is Licensed Moneylender Considered an ‘Ah Long’?

The recent case of loan sharks charging RM500 for every 30 minutes delay in repayment is not an exaggeration. This case happened to an insurance agent who borrowed RM3,000 and paid the full amount. But, the...

How to Clear Your PTPTN Loan?

In the recent news, PTPTN borrowers whom are listed in the CCRIS record are allowed to buy their first home. However, PTPTN borrowers who have overdue education loan will continue to face negative consequences...

What Happens to My Loans if I Die?

What happens to my loans if I die? That is a question a loan borrower avoids giving serious thought. There are instances when a person suddenly passes away and leaves behind an outstanding loan. The bereaved...

10 Tips To Avoid Getting Into A Bad Debt

The worst financial mess one can ever get into is to be saddled with debts. Many are doomed the minute they start missing out on payments or evading their creditors. Those are clear signs an error in judgment...

Category - Koperasi & Personal Loan

What is CCRIS and CTOS?

(This article was originally published on the 15th of January 2017 and updated on the 15th November 2019).  “Your loan is rejected because you have a bad CCRIS or CTOS record”. Have you been told this before by a bank officer? And you are wondering...

Good Debt vs. Bad Debt

The least-regarded aspect of personal finance is handling indebtedness. The scope of personal finance extends beyond managing finances. Many focus mainly on the concept of savings, earnings, investing, and spending. Of the four, spending stands out...