Understanding How to Apply for a Loan If You’re Under AKPK
Key Takeaways Navigating the process of how to apply for a loan if you are under Agensi Kaunseling dan Pengurusan Kredit (AKPK) can be challenging in Malaysia. Malaysian banks often reject loan applications from individuals with AKPK records, even if their income is high. But don’t lose hope! With the right approach, it’s possible to […]
Effective Strategies for Credit Card Consolidation
Key Takeaways If you’re dealing with high credit card debt, Malaysian banks may reject your loan application, even if you have a high income. However, don’t give up just yet! There are options available, including credit card consolidation, to help you regain control of your finances. In this article, we’ll explore methods to secure a […]
How to Get a Personal Loan for High Credit Card Debt
What is High Credit Card Utilisation, and Why Does it Happen From a Malaysian bank’s perspective, if your credit card balance exceeds 70% of your credit limit and you’re only making minimum payments, you’re considered to have too much debt. Ideally, you should pay your outstanding balance in full before the due date. This way, […]
Navigating Personal Loans with a High Debt-to-Income Ratio
In today’s financial landscape, many individuals are burdened with high commitments and struggle to manage their debts effectively. For those seeking a personal loan with high debt to income ratio, the path to financial stability can seem challenging. This article explores how to obtain such loans and offers solutions to help alleviate financial stress for […]
Securing Bad Credit Loans: An In-Depth Guide
If you have bad credit issues, Malaysian banks may reject your loan application even if your income is high. However, don’t lose hope! In this article, we explore methods to help you obtain a personal loan, even with bad credit. Here’s what you should know: *Note: Loan interest and loan tenure are determined internally by […]
Mortgage 101 Malaysia: What is Loan-to-Value Ratio?
Key Takeaways What is loan-to-value ratio (LTV), and how does it play into a mortgage application in Malaysia, one might wonder? LTV, sometimes referred to as the margin of finance, is a crucial factor in deciding the outcome of your mortgage application and the risks that come with it. Knowing this important LTV measure is […]
