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

Get expert help to consolidate your debts, even with bad credit. Bluebricks offers debt consolidation solutions with personalised plans and no upfront fee.
Bluebricks is a 100% bank loan solution provider specialising in debt consolidation for individuals with bad credit. We help clients secure financing even with poor credit scores, including situations such as:

High credit card usage

Struggling with maxed-out credit card limits.
Overdue payments affecting your credit record.
Enrolled in a debt management program but need additional support.

Special Attention Account

Loans flagged under the bank’s watch list.
Negative references from service providers like Cuckoo, TM Unifi, Astro, and others.

What is Debt Consolidation?

Debt consolidation is a method of combining multiple debts into one loan or payment plan. This simplifies financial management by replacing several payments with different due dates and interest rates into a single monthly payment.
Additionally, debt consolidation can potentially lower your interest rates or reduce your monthly commitment by extending the loan tenure, offering more flexibility in managing your finances.
Here’s an example to help explain:
At Bluebricks, we focus on helping people with bad credit consolidate their debts. Here’s how we do it:
01

We start with a detailed assessment of your financial situation to understand your debts.

02

Next, we settle your bad credit upfront, making it easier for you to qualify for a new personal loan.

03

This approach improves your chances of getting approved for a debt consolidation loan with better terms.

What sets us apart is that we do not charge any fees upfront and only charge a single fee later with no hidden costs, ensuring you can confidently tackle your financial challenges.
We only need 3–5 days to provide you with a personalised debt consolidation plan. These plans are customised to suit your financial situation, giving you the flexibility to choose the one that works best for you.

Your debt-free future starts here.

We Address Your Fears
Common Concerns

Have you been scammed by fake loan consultants?

Are you worried about losing money to scammers who promise great results but disappear after taking your initial fee?

Are you afraid of dealing with illegal money lenders?

Do you fear that some loan consultants might secretly be connected to shady money lenders who charge high interest rates and use unethical methods?

Do you think consulting a loan expert is a waste of time?

Have banks already rejected your application for debt consolidation due to bad credit or CTOS blacklist, making you doubt if a loan consultant can actually help you?

Concerned about hidden fees and extra charges?

Are you worried that loan consultants might surprise you with unexpected fees, making it even harder to manage your finances?

Worried about loans being submitted without your consent?

Do you fear that loan consultants might apply for loans without your permission, giving you loans you don’t need or want?

How long will it take to get a proposal?

Are you wondering how long it will take for the agency to provide you with a proper loan proposal?

Are they really working with the bank?

Do you wonder whether the loan agency is genuinely working with the bank or just pretending to be connected?

Will they follow through on their promises?

Are you sceptical about whether the loan agency will deliver what they promised or if their actions might differ from their claims?

Testimonials

What our clients have to say:

Kana Seelan
Kana Seelan
Very good and professional team in securing my loans.fast and efficient.able to secure despite having bad financial record. Thank you Mr.Wilson and Mr.Bruce.
Andrew Ng Hon Teen
Andrew Ng Hon Teen
I would like to take this opportunity to thanks Blue Bricks and the entire team members especially Wilson and See Kei on their excellent service! Highly recommended!
Kunasri Thanappalan
Kunasri Thanappalan
Excellent service by SK and Karl. I was in very critical stage by financial wise. All banks rejected my loan and was drowning in debt. Thanks to Blue Bricks team for assisting me to solve my financial burden. All my debts with bank cleared and my Credit score repairing steadily. Trusted agency. Thank you so much.
Chwan Woei Chai
Chwan Woei Chai
Will give most useful advice and help guide till everything done . Very good communication to explain step by step till fully understanding .sure will recommendation to my friend
Aliff Haikal
Aliff Haikal
Wilson very good and helpful..i got high commitment rejected by bank previously..then wilson bluebricks come to help..thanks..i can see my life beautiful again

Who Is This Solution For?

Who Is This
Solution For?

You’re a good fit for this solution if:

You’re not a good fit for this solution if:

Service Features & Benefits:
Solutions to Your Worries

At Bluebricks, we’re aware of the challenges and concerns faced by clients with high financial commitments. That’s why our services are designed to address these issues directly and offer you peace of mind:

Better Personal Loan Terms with Debt Consolidation

We help you secure a personal loan with lower interest rates and a longer repayment tenure, consolidating your existing debts into one manageable loan. This reduces your monthly payments and simplifies your financial commitments, giving you more control and flexibility without adding further strain to your budget.

Afraid of Dealing with Scammers or Non-Legit Loan Consultants?

With no upfront payments and a proper agreement signed before any action, we protect you from scams and ensure full transparency, giving you peace of mind knowing you are dealing with a legitimate, trusted agency.

Expert Advice and Higher Approval Rates, Even After Rejections

With our expertise and bank partnerships, we have a proven track record of helping clients who have been previously rejected by banks. We work with you to overcome barriers and find a loan solution tailored to your specific financial profile, even when others have said no.

No Upfront Payment

We do not ask for any money upfront. Many scammers ask for upfront payments with false promises. We want you to feel safe and assured that we are genuinely here to help.

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

Picture of Wilson Wai Kit

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!

FREE CTOS Report and Consultation
Picture of Karl

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.

FREE CTOS Report and Consultation

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?
If it is not an emergency, you can slowly clear your bad credit before applying for a personal loan.

  • Review your budget and see where the problem is.
Please understand that a loan agency only temporarily solves your financial problem.

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.

Yes, our proposal and breakdown calculation in our steps will not be submitted to the banks and definitely will not affect your credit score. We use our system to calculate your DSR, and bank current loan interest, together with the help of our banker connections, to review how much you can borrow.

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:

    1. Calculate the total interest: 100,000 x 10% x 10 years = 100,000
    2. Add the loan amount: 100,000 (interest) + 100,000 (loan amount) = 200,000
    3. Divide by the total number of months: 200,000 / (10 years x 12 months) = 200,000 / 120
    4. The monthly instalment is: RM1,666.67

 

So, the monthly instalment is RM1,666.67.

You need to know how to calculate your personal loan instalment. Use the above formula to find out your interest rate.

If your interest rate is higher than 18% per year, you are not borrowing from a legal money lender.

MORE TESTIMONIALS