That is Head Lending?

Head Credit try an internet personal bank loan platform whose goal is in order to offer a far greater borrowing from the bank feel so you’re able to users within the Malaysia – prompt, easy, as well as sensible.

We’re a keen authorised deals representative for the municipal slave Syariah agreeable individual investment (Koperasi Mortgage) place got its start by the RCE Revenue Sdn Bhd (a subsidiary of one’s Bursa Malaysia indexed business, RCE Money Berhad) thanks to Yayasan Ihsan Rakyat and you may Yayasan Dewan Perniagaan Melayu Perlis Berhad. At exactly the same time, i also offer municipal servant individual financing out of Co-opbank Pertama, Social Islamic Bank, Koperasi KOBETA, Koperasi KOPUTRI, Koperasi Ukhwah or other selected co-operatives when you look at the Malaysia.

I together with collaborated with more than fifteen authorized moneylenders and you may borrowing organizations entered not as much as Kementerian Perumahan dan Kerajaan Tempatan (KPKT) when you look at the giving secure unsecured loan so you’re able to individual markets experts.

Head Credit has just revealed the Syariah compliant online payday loans in Maysville car provider money which permit car citizens discover financing to pay for the very important car repairs at the workshop.

Head Financing is a receiver out-of Cradle CIP300 money within the 2019 and you will graduated away from Malaysian International Innovation & Innovation Centre’s (MaGIC) International Accelerator Programme into the 2017

Exactly how much should i acquire?How to pay off the mortgage?

To have municipal slave personal bank loan, according to funding provider, you could potentially acquire around RM250,one hundred thousand having flexible mortgage regards to ranging from step one and you may 10 years. Your loan is paid down on a monthly basis via non-discretionary income deductions canned because of the often the Accountant General’s Company or the latest Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa).

To own personal industry consumer loan, you could potentially borrow around RM20,000 having financing terms and conditions anywhere between step 1 and you may yaers. You could pay-off the loan every month via Interbank GIRO (IBG), bucks put, cheque deposit, otherwise MEPS Atm fund import.

Zero, we never just take otherwise ask for hardly any money from your customers at any time. We earn our earnings owing to fee offered in person from the financier in case your financing is eligible and you can paid.

Is it safer?

Lead Financing simply collaborates which have signed up and you can legitimate koperasi, authorized moneylenders and you can borrowing from the bank organizations. The program process was 100% totally free in regards to our consumers. Once the incorporation into the 2016, you will find acquired more than step one,one hundred thousand 5-famous people opinion from your consumers within our Yahoo Team Webpage and Fb.

Am I entitled to use?

• An effective Malaysian resident old between 20 and 58 years old
• Has a long-term job on civil sector along with at least 6 months of solution
• Minimum terrible monthly earnings out of RM1,five hundred

• Good Malaysian resident old anywhere between 18 and you will 60 years of age
• Minimal disgusting monthly income regarding RM1,500 for Peninsular Malaysia and RM1,200 getting Sabah & Sarawak

Zero credit history or reasonable credit rating can apply. In all times, you should not inside the personal bankruptcy and certainly will afford the financing payment

How much time ‘s the personal bank loan software procedure?

It entails in just minutes to fill out the online form and you may find out immediately whether you be considered into investment. If you need that which you look for, you can carry on with the program techniques. Our very own app processes is 100% free.

When we found your complete documentation, with regards to the financial support package that you have taken out, you might receive the capital as quickly as day

What’s the funding price?

To have signed up moneylender and you can borrowing from the bank people personal bank loan, the interest rate isn’t more than step 1.5% four weeks to have unsecured investment while the stipulated within the Moneylenders Work 1951

To your auto services money, finances rate are away from 0.8% to at least one.5% monthly dependent on owner’s borrowing reputation. Once the an illustration, having financial support RM500 with 6 installment payments, the cost was RM530.4 otherwise RM88.4 per month