Moneylenders Malaysia

Is money lender legal in Malaysia?

Bank Negara Malaysia does not issue money lending licenses. Money lending business is governed under the Moneylenders Act 1951 and administered by the Ministry of Urban Wellbeing, Housing, and Local Government.

Is loan shark legal in Malaysia?

Loan sharks or ‘Along’ as they are popularly known amongst Malaysians, are illegal money lenders that usually target the desperate and the poor.

How can I check my Malaysian lender license?

You can find out the status of the moneylender by cross-checking the company’s registration number (SSM) on the Ministry of Urban Wellbeing, Housing, and Local Government (KPKT) website. If the company name is not there, this raises a red flag.

Is a money lender a financial institution?

A lender is a financial institution that lends money to a corporate or an individual borrower with the expectation that the money will be repaid at a later date. Lenders require borrowers to pay interest on the amount borrowed, usually charged at a specific percentage of the total amount of loan.

Which type of loan is best?

Best for lower interest rates is Secured personal loans often come with lower interest rates than unsecured personal loans. That’s because the lender may consider a secured loan to be less risky — there’s an asset backing up your loan.

Are you looking for a trusted licensed moneylender in the Klang Valley area now?

Why don’t you contact Fantastic Greetings Sdn Bhd? They have more than 10 years of financial / moneylending experience in this industry. Their office located in Damansara Jaya, Petaling Jaya.

They provide many kinds of loans:

  1. Personal Loan
  2. Mortgage Loan
  3. Business Loan
  4. Emergency Loan
  5. Marriage Loan
  6. Education Loan

The most important things is :

  • No Guarantor needed
  • No Upfront or Downpayment
  • No test payment
  • No Collateral needed for other loans except Mortgage Loan

You can now easily apply for loans from them now at www.pinjamansalute.com. After you fill in your information just wait for their message or call.

They will ask you to send your document before they ask you came to their office to sign documents.

The document they need is :

  • 3 months latest payslip
  • 3 months latest bank statement
  • IC
  • Utility Bills (Water or Electrical Bills) either one of them

I know borrowing money from family or friends is very hard. Don’t feel embarrassed when you borrow from Fantastic Greetings Sdn Bhd because all of your data is confidential. Apply for a loan from Fantastic Greetings Sdn Bhd is easy and their repayment is flexible. Their repayment is not like ah long (loan shark). Loan shark repayment is daily or weekly but Fantastic Greetings Sdn Bhd repayment is monthly so you don’t worry about the repayment. Fantastic Greetings Sdn Bhd interest will be much lower than others and the approved amount higher. You can get a full loan without cutting any fees from the amount. For example, the principal amount the borrow is RM10,000 and you will get RM10,000 directly from Fantastic Greetings Sdn Bhd.

 

Fantastic Greetings Sdn Bhd

Monday to Friday: 9.00 AM to 6.00 PM

Saturday: 9.00 AM to 2.00 PM

Sunday: Closed

 

Fantastic Greetings Sdn Bhd Contact

WhatsApp: 016-6736475

Call: 016-6736475

Website: www.pinjamansalute.com

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