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Personal Loans in Malaysia

A debt consolidation loan allows you to make a single payment to one lender, even when you carry mutliple debts across different banks. How? Because the loan disbursement allows you to clear all your debts across the different banks, and then you pay the monthly repayment to the single debt consolidation loan account. It combines several loans into one large loan.
You qualify if you are a Malaysian citizen of 21 to 60 years old and meet the minimum annual income amount as stated in the requirements of each loan.
Because of the nature of Debt Consolidation Loan, banks and lender will be more cautious about the borrower's credit and background. Therefore, approval times may vary and you may need to contact the lender to find out.

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