How You Can
Consolidate Your Debt
Even with Bad Credit
in 30 Days
How You Can Consolidate Your Debt Even with Bad Credit in 30 Days
Consolidate Debt Even with Bad Credit
What is Debt Consolidation?
We start with a detailed assessment of your financial situation to understand your debts.
Next, we settle your bad credit upfront, making it easier for you to qualify for a new personal loan.
This approach improves your chances of getting approved for a debt consolidation loan with better terms.
Your debt-free future starts here.
We Address Your Fears
Common Concerns
Have you been scammed by fake loan consultants?
Are you afraid of dealing with illegal money lenders?
Do you think consulting a loan expert is a waste of time?
Concerned about hidden fees and extra charges?
Worried about loans being submitted without your consent?
How long will it take to get a proposal?
Are they really working with the bank?
Will they follow through on their promises?
Testimonials
What our clients have to say:
Irfan Albany2025-01-22 very good and trusted services. thank you very much for helping me out 👌🏻 Fazreel m.yusof2025-01-17 Terima kasih kepada Bluebrick (Wilson dan Bruce) kerana telah selesaikan masalah loan saya. Bluebrick adalah loan agency yang professional. Tiada caj tersembunyi dan telah membantu saya. Saya telah berurusan dgn byk loan agency tetapi ada segelintir yang tidak jujur dan ada juga yg hanya menggunakan profil kredit saya untuk mencuba nasib memohon Pinjaman dgn bank tanpa melihat terlebih dahulu skor kredit saya. Akibatnya skor kredit saya menjadi bertambah buruk kerana Permohonan ditolak oleh pihak bank. Bluebrick (Wilson) telah mengenalpasti masalah profil kredit saya dan mencadangkan beberapa pilihan kepada saya. Saya bebas memilih pilihan yg telah diberikan. Berbanding dgn loan agency lain, saya tidak diberi pilihan Dan mereka telah tetapkan jumlah utk saya. Hal seperti ini tidak berlaku di Bluebrick. Saya rasa Selamat berurusan dgn Bluebrick. Kubaynddren Muniswaran2025-01-08 Dear Bluebrick team, First and foremost I would like to express my heartfelt gratitude for the outstanding support and professionalism to the team.Mr.Wilson and Mr.Bruce who guided me throughout the whole loan process with efficiency, detailed and transparent.They understand on what the client needs and will give you options and suggestions how to solve your financial issue.Will definitely recommend my friends and relatives.They are a genuine company.Thank you guys for your service.Appreciate it. Navanietha Panir Selvam2024-12-27 Wilson & the team has been very helpful throughout the process and the knowledge given. Thank you for the time, knowledge and effort put throughout the process to help me. Really appreciate it. 🙏🏽 WAN CHEW NG2024-12-10 If you would like to find any company that able to give you the best advice with regards to loan matter whether housing loan, mortgage loan, personal loan, SME loan, debt consolidation, startup business loan, I will tell you that you will not regret if you get the service of Blue Bricks Holdings. This company literally doing their business operation in the utmost perfect ethical way. I think credit should be given to the management team who have lied down the main principle of handling their business. In the same time, less but not least also their staff who follow correctly their company direction. Under this particular part, I would like to express my personal gratitude towards Wilson who has did the best proposal which have taken care my best interest. Thumbs up and kudos to Blue Bricks and Wilson for their best service given to me which solve my recent hiccup due to unforseen circumstances. Please be reminded that they did not ask any weird processing fees or any up front fees from customer while doing the proposal. They will only charge you their service fees upon the approval amount granted by respective financial institution. In other words their are literally 0 if the loan is rejected by the financial institution. Please choose wisely and do not fall into any trap set up by those unethical company out there. Do not worry Blue Bricks is not one of them, you will not regret with the service quality of Blue Bricks. Takumi Shimizu2024-11-22 Professional team (Wilson & Bruce) and personnel that is genuine and wants to help me, instead of focussing on making a cut out of the service (unlike other companies which claim to be able to help, but all they care is a cut of fees for their service). Bluebricks is genuine, professional and work with me with integrity. Everything is transparent and no hidden agenda, cost, etc. Appreciate their assistance and service - helped me to better manage my financials. Stanley Chan2024-11-21 Very good and professional services. Very understanding on what the client need. Thank you so much for the solution and support. FONG FONG2024-11-14 Blue Bricks is definitely the preferred choice to manage your loan. Mr. Wilson is especially knowledgeable and skilled in assessing my requirement and come out with solutions that can hardly be matched by others. The solutions tackle the crucial point and simplify problems in loan application, hence solve problem smoothly. Summer Chin2024-10-08 Thanks Mr.Wilson, I would like to take this opportunity to express to you my deeply appreciation for the kind assist you rendered me.
Who Is This Solution For?
Who Is This
Solution For?
You’re a good fit for this solution if:
- You want to consolidate your existing debts into one manageable loan.
- You aim to lower your monthly repayments by converting high-interest loans into lower-interest loans with longer terms.
- You are struggling with high credit card usage, late repayments, or multiple loans, and need a solution to relieve the pressure.
- You wish to obtain some extra cash to pay off outside debts and take control of your finances.
- You want to secure additional loans for investment purposes.
You’re not a good fit for this solution if:
- You have ongoing legal cases, legal summons, or have declared bankruptcy.
- You do not have a monthly salary of RM 3,000 or more with EPF deductions.
- You are not in a hurry to settle your bad debts with the bank.
- You can manage to pay off your existing debts and are willing to wait 12 months to apply for a new loan on your own.
Service Features & Benefits:
Solutions to Your Worries
Better Personal Loan Terms with Debt Consolidation
Afraid of Dealing with Scammers or Non-Legit Loan Consultants?
Expert Advice and Higher Approval Rates, Even After Rejections
No Upfront Payment
No Interest Charged for Settlement Fund
We pay off your bad debts first to help fix your credit score. Then, we get you a personal loan for blacklist cases to cover these debts and our fee, giving you some extra cash if needed.
Unlike others, we don’t charge interest on this upfront payment. We are with you through the whole process, even if there are delays, ensuring you don’t worry about extra costs.
Only One Fee
We have just one clear and simple fee. Unlike some services that hide extra costs (similar to hospitals billing for every item), Bluebricks ensures transparency. You will know exactly what you are paying for—no surprises, no hidden charges.
Proper Agreement Signed Before Execution
Before submitting any documents to the bank, we ensure a formal agreement is signed with you. This approach keeps you in control throughout the process. We only receive payment after your loan is approved, guaranteeing we will not submit anything without your explicit consent.
Obtain Your Proposal Within 3–5 Days
We efficiently prepare a comprehensive proposal for you in just 3–5 days. This proposal will outline the best loan options suited to your specific situation. It’s worth the short wait to get a well-crafted plan that can significantly improve your financial outlook.
Comprehensive Proposal
We know that one size does not fit all. Unlike agencies that push a single, often high-interest loan, we provide you with at least two tailored options. This approach allows us to find the best fit for your unique financial situation and goals.
You Pay Us Afterward
Our fee is only due after your loan is successfully secured and disbursed. This payment structure ensures your peace of mind throughout the process, as you only compensate us once you have seen tangible results.
How Can Bluebricks Solve Your Loan Rejected Issues?
Step 1: Consult
We would first understand the objective of your loan and what is the loan amount required.
Step 2: Find Out Why
Find out all the reasons as of why your loan is rejected.
Step 3: Solution
To tailor make the best loan solution that is for you.
Step 4: Understand
Make you understand the whole loan processes and procedures before handing over to Bluebricks to execute for you.
Step 5: Apply
To help you apply your loan with the bank that likes you (gives you good credit rating and approve higher loan sum).
Step 6: Process and Approval
Walk you through the whole process after approval that includes signing of your bank agreements and eventually get the loan disbursed (cash in hand yeay!).
Case Study
Wilson Wai Kit
Financial Advisor
With extensive banking experience, notably as a mortgage sales officer at UOB Bank, Wilson leverages his understanding of loan applications and approvals to offer financial insights and support to empower individuals to make informed decisions regarding their financial futures. Feel free to contact him for assistance with your financial needs!
Feel free to contact him for assistance with your financial needs!
Karl
Financial Advisor
Karl has a background in banking and real estate, with roles ranging from Mortgage Officer at UOB Bank to Director at Vestcom Realty. He’s skilled in managing mortgage loans and real estate projects and works closely with bank officers, money lenders, and lawyers to solve clients’ loan issues.
Karl is currently a key contributor to business loan development at Bluebricks.
Frequently Asked Questions
Let’s say you have the following debts:
Credit Card A:
- Outstanding Balance: RM10,000
- Interest Rate: 18% per annum
- Monthly Minimum Payment: RM1,000
Personal Loan B:
- Outstanding Balance: RM15,000
- Interest Rate: 12% per annum
- Monthly Payment: RM1,500
Credit Card C:
- Outstanding Balance: RM5,000
- Interest Rate: 18% per annum
- Monthly Minimum Payment: RM500
Before Debt Consolidation
- Total Debt: RM10,000 + RM15,000 + RM5,000 = RM30,000
- Total Monthly Payments: RM1,000 + RM1,500 + RM500 = RM3,000
- High Interest Rates: Credit card debts (18%) are especially expensive.
After Debt Consolidation
You take a debt consolidation loan of RM30,000 from a bank with the following terms:
- Interest Rate: 8% per annum (lower than credit cards or other loans).
- Loan Tenure: 5 years (60 months).
New Monthly Payment Calculation
Using a standard personal loan repayment formula, the monthly payment is approximately:
- Monthly Payment = RM30,000 × [8% ÷ 12 months] ÷ [1 – (1 + 8% ÷ 12 months)^-60] Approximate Monthly Payment: RM608
Total Payments After Consolidation
- Monthly Payment: RM608
- Total Payment Over 5 Years: RM608 × 60 months = RM36,480
Savings Comparison
- Before Debt Consolidation:
- Total Monthly Payments: RM3,000
- Total Interest Paid (Estimated Over 5 Years): RM15,000 (due to high credit card rates).
- Total Cost: RM45,000
- After Debt Consolidation:
- Total Monthly Payment: RM608
- Total Cost Over 5 Years: RM36,480
Savings: RM45,000 – RM36,480 = RM8,520
The primary benefit of debt consolidation is that instead of paying RM3,000 every month, you only pay RM608—five times lower. This significantly improves your cash flow, making it easier to manage your finances.
By the end of the loan, you would have saved RM8,520 compared to sticking with high-interest debts.
Debt consolidation doesn’t just simplify your finances; it gives you breathing room and helps you regain control of your money.
You can buy a CTOS report from Touch’ n Go and send it to us. Our specialists will check for bad credit for free. You can also check it yourself using the sample we provided.
Alternatively, you can provide a copy of your IC to Bluebricks, and we will check the latest CTOS report for free. Our specialists will then check for bad credit for you.
- Low & Poor Credit Score (300-650): Your credit score doesn’t drop suddenly; it lowers due to specific reasons like late loan payments, having an SAA, entering AKPK, or repeatedly applying for bank loans.
- Late Payment: If you miss the due date and don’t pay the bank the specified amount, it is considered a late payment. Typically, the bank gives a 14-day grace period. After that, it gets recorded in your credit record for 12 months. If you are more than one month late (two months or more overdue), you generally can’t get any bank loan.
- SAA (Special Attention Account): If you are late by at least two months on your credit card or personal loan payments, the bank will closely monitor your account and update Bank Negara about your late payments. Your loan account will then enter SAA.
- AKPK (Agensi Kaunseling dan Pengurusan Kredit): This will appear as a “K” remark in your credit report, indicating you joined the AKPK program. It shows you had financial issues at the time and needed help negotiating and lowering your monthly bank payments.
- Trade Reference: This means you signed a contract but didn’t fulfil it, so the other party notified CTOS. Banks and service providers use this as a reference. (Currently, banks reject loan applications from clients with trade references.)
- Koperasi Trade Reference
- Money Lender Trade Reference
- Telecommunication & Buy Goods Trade Reference
The fastest is 30 days, and the longest can be 90 days. This depends on how quickly your bank updates your record.
It also depends on how much loan amount you need. The larger the loan amount, the longer it takes.
- Cons:
- Need to pay a consultation fee.
- It doesn’t get approved immediately; it takes at least 30-90 days to get the personal loan.
- Increases total liability.
- Pros:
- You get a sum of cash in hand.
- Reduces monthly payments.
- Increases monthly cash flow.
- Temporarily solves financial problems, giving you a breather.
- Less pressure from banks calling for payments.
- Consolidates all debts into one or two loans, making it easier to manage monthly payments.
- Previous bad records disappear.
- Improved credit report, making it possible to buy a car or house.
- No fear of your company knowing about a bad credit report (especially big companies that regularly check employee credit reports).
Slow Method: You don’t need loan agency and hence you saves on consultation fees
- If you have Low & Poor CTOS score (300-650)
Keep paying the bank on time for 6-12 months, clear SAA, and trade references. When the score reaches 650 you could start apply for a personal loan.
- If you have late payment:
Maintain on-time payments for 6-12 months. When late payment credit records are disappear in CTOS, you could start apply for a personal loan.
- If you have SAA (Special Attention Account):
Negotiate repayment terms with the bank. After clearing it, you could apply for a personal loan.
- Trade references:
- Koperasi Trade: Negotiate repayment terms with Koperasi. You could apply for personal loan once it is cleared.
- Money Lender: Negotiate repayment terms with Money Lender. You could apply for personal loan once it is cleared.
- Telecommunication & Buy Goods Trade reference: Negotiate repayment terms with Telco or shopping company. You could apply for personal loan once it is cleared.
Fast method: Find a loan agency to solve the bad credit record, then apply for a personal loan.
Borrow from a Money Lender: Money lenders are more lenient with bad credit. Note that the loan amount is small, and the interest rate is high (over 18% per year is very high).
- First, identify the purpose of a new loan.
-
- You need money in a short time (Bluebricks takes at least 30 days due to bad credit issues).
- Reduce monthly burden.
- Increase monthly cash flow.
- Need to clear bad credit quickly (to apply for a credit card, buy a car, buy a house, or for career needs).
- Avoid stress from banks calling for payment.
[If none of the above, you can slowly clear your bad credit or choose to enter AKPK]
- Is there an emergency?
- Review your budget and see where the problem is.
You don’t need to trust us just yet before we sign for agreement to proceed your loan. To book for consultation and opting for our proposal and breakdown calculation is free of charge.
Therefore, we recommend you view our Bluebricks proposal and Bluebricks breakdown calculation before you decide if you want to proceed with us and entrust us to submit your loan for you.
You may check also successful examples as a reference of what is going to happen when you submit with us.
More importantly, we hold a bigger risk as we make settlement to your bad credits facilities first. Please remember that none of our agents will charge you any upfront fee or any payment involved.
If your loan is not approved, we are at huge disadvantage. Therefore, our proposal and execution of your loan would be comprehensive and prudent. That means we don’t take on every case.
A key reminder for you: if you don’t SIGN any bank loan application forms, bankers can’t submit your file into the system, and hence, it would not affect your credit score at all.
Monthly installment = [(Loan amount x interest per year x loan term) + loan amount] / [loan term x 12 months]
Example:
- Loan amount = RM100,000
- Interest per year = 10%
- Loan term = 10 years
Step-by-step calculation:
- Calculate the total interest: 100,000 x 10% x 10 years = 100,000
- Add the loan amount: 100,000 (interest) + 100,000 (loan amount) = 200,000
- Divide by the total number of months: 200,000 / (10 years x 12 months) = 200,000 / 120
- The monthly instalment is: RM1,666.67
So, the monthly instalment is RM1,666.67.
If your interest rate is higher than 18% per year, you are not borrowing from a legal money lender.