Information Archive
As personal loan in Malaysia is a form of unsecured debt where no collateral and guarantor is needed, banks may have stringent criteria when assessing your loans applications. Here are some tips to help you get your loans approved easier. Requirements The typical …
Bank Negara Malaysia announced on 19th March 2014 that the BLR(Base Lending Rate) structure is to be replaced with a new BR (Base rate) system where banks in Malaysia can freely adjust their interest rates without intervention from Bank Negara. Financial instituitions such …
CTOS is an essential for any loan evaluation besides CCRIS. CTOS is a credit rating agency that is similar with CCRIS except that this database is maintained by a private company CTOS Data Systems Sdn Bhd instead of Bank Negara. CTOS gets your financial …
Bank Negara has raised OPR (Overnight Policy Rate) by 25 basis points from the previous 3.00% to 3.25%. This move has been very much anticipated as Malaysia GDP growth accelerated to 6.2% as the first quarter of 2014. The Malaysian OPR rate has …
Many of you will be wondering if you should get a personal loan to solve your debts. Here are a few pointers of personal loan versus credit cards. At a first glance, many people think that personal loan interest is much lower than …
