There is no upfront processing fee, stamp duty, legal fee or anything like that. If any of our consultant is asking any payment from you upfront, please do inform our BDC management. We would report him/her to the police with you, and bring justice to the victims.

It was due to there is many loan scams in the marketplace today and they scam you by asking you pay loan processing fee. FinPlus likes to ensure you apply your loan with us with relief and serenity, thus there is no upfront fee. But we ain’t no charge fee for our services. It is just you don’t pay us until you have gotten your loan from bank.

FinPlus would only get paid after bank disburse the monies to your bank account. Prior to that, you would not being asked for a single cent.

FinPlus don’t ask for prepayment for 2 reasons. Firstly, too many loan scams out there cheat you by asking for prepayment. FinPlus decided not to take any prepayment as we want you to feel safe and relief while we working on your bank loan; Secondly, FinPlus understand your pain as we wouldn’t want any upfront fee or prepayment that would further increase your already heavy burden. Thus, FinPlus has decided to only charge our fee after your loan disbursement.

FinPlus gets our profit by helping clients to acquire loan from bank successfully. FinPlus would not be paid any fee if your bank loan is not successful. Thus, FinPlus is 100% in this together with you as we all know there is only fee collection upon the success of the bank loan.

Our personal loan consultation fee would fall between 10% to 30% of the total loan amount. For example, if you applied for a total personal loan of RM50,000 with us, the consultation fee would fall between RM5,000 to RM15,000.

On the other hand, the consultation fee for a mortgage or refinance loan ranges between 3% to 7%. If you applied for a total mortgage or refinance loan of RM300,000, the consultation fee would fall between RM9,000 to RM21,000.

Every loan applicant wish to get their loan approved and disbursed in the given shortest time. But to have the mentioned done, the applicants have to comply to a quite comprehensive factor like your financial background, loan credibility, and your timely coordination in submitting the required documents.

For personal loan, and with good furnishing of documents required by the bank standard, you would get your loan approved and disbursed in 14 days.

Whereas for Mortgage/Refinance Loan, with good furnishing of documents that fit the bank standard, you would expecting your loan approved in 7 working days, and your loan disbursed in 3-8 months.

As the Loan Scammer knows exactly the loan applicants think, so often they would use INSTANT cash disbursement from bank as the bait to make you fall into their trap. But you may need to know, there is no bank would do 1-2 days approval and disbursement if you’re going through the official and formal procedure of loan application. Please do not lose your head because of desperation.

The main existence of bank is to make money, and all the different banks have their own appetite of what kind of loans and applicants they favour in.

Therefore, FinPlus wouldn’t be submitting your application to all the banks. Because it looks desperate to them as all the bank system would be indicating you applying for many loan when we submit your loan to all the banks. It is risky.

Just imagine if your friend is asking you for money, but you found out later he is too asking money from all his friends and relatives. What would you be thinking?

When one bank found out you submit the application to all the banks, you already had their attention, and thus they would be extra careful with your loan application.

Thus, FinPlus would always first understand your loan objective, subsequently check your financial background and loan eligibility from bank. Then only we would start strategising by submitting your loan application to the bank that best suit your objective and give you the best margin of finance. We ensure a foolproof process in helping you secure your loan.

Bank interest varies according to the bank’s market strategy and market trend. They would all be giving different loan packages in different loan products to their applicants (and sometimes subject to clients’ profile too ).

We couldn’t provide you with the accurate numbers each bank is offering, but you could follow the range of interest of the common loan products below

Personal Loan: 3% – 12%

Mortgage Loan: 4% – 5%

Business Loan: 4% – 9.9%

Please Note: Bank interest today changes base on base rate is determined by Bank Negara Malaysia (BNM). And our base rate would be directly affected by Overnight Policy Rate (OPR) which it changes depending on the current state of global economy and its objectives.

Many people got their loan rejected without knowing why they are rejected. As we believe many bankers couldn’t be bothered or some bankers don’t even know themselves to disclose the real situations to the rejected applicants. What’s more to explain by them in details?

Majority of the bankers would only be telling your loan application failed and you wouldn’t get a loan when the above mentioned issue been told to them. The reason they would tell you off and reject you verbally before access to your profile and documents is because they would choose to work on the good profile clients. Thus, they could get their sales target achieved and collect their commissions more efficiently.

Thus, clients that come to BDC often are unaware of reasons why their loan was rejected, or wasn’t given the solution to their problems even when they knew it.

If you are experiencing the above mentioned problems, please enquire about your bank loan eligibility with us. As we know there are always these few reasons and problems to why loans were rejected.

There isn’t any magic trick BDC has to help you secure your loan. To us, every problem has its reason, and to solve them we must find the source of the problem and make justification. Then in no time, we would definitely regain the access to bank loans.

Lastly, please remember not to feel devastated if you’re having the above mentioned problems and thought you would not get bank loans forever.

BDC would be glad to be of your assistance.