Best Personal Loans for Bad Credit in 2025 (Malaysia)

Applying for a personal loan with bad credit in Malaysia can be challenging, but there are financial institutions that offer options tailored for individuals with lower credit scores. Here are some personal loan options available in 2025:

AEON i-CASH Personal Financing Malaysia AEON i-CASH Personal Financing

Interest Rate: Varies based on individual assessment
Loan Amount: Up to RM100,000
Eligibility: Malaysian citizens aged 18-65 with a minimum monthly income of RM1,500
Features: Flexible repayment terms and quick approval process

【JCL i-Fund Personal Financing Malaysia】 JCL i-Fund Personal Financing

Interest Rate: 18.00% – 20.00% p.a.
Loan Amount: RM1,000 – RM50,000
Eligibility: Malaysian citizens aged 18-60 with a minimum monthly income of RM1,000
Features: Caters to low-income individuals with fast approval times

【instaDuit Personal Loan Malaysia】 instaDuit Personal Loan

Interest Rate: 18.00% p.a.
Loan Amount: RM1,000 – RM10,000
Eligibility: Malaysian citizens aged 21-55 with a minimum monthly income of RM1,500
Features: Online application with quick approval and no hidden charges

【Direct Lending Personal Loan Malaysia】 Direct Lending Personal Loan

Interest Rate: Varies based on individual assessment
Loan Amount: Up to RM150,000
Eligibility: Malaysian citizens with stable income
Features: Online platform offering personalized loan matching services

【Maybank Personal Loan Malaysia】 Maybank Personal Loan

Interest Rate: 6.50% – 8.00% p.a.
Loan Amount: RM5,000 – RM100,000
Eligibility: Malaysian citizens aged 21-60 with a minimum monthly income of RM3,500
Features: Competitive interest rates with flexible repayment terms

Tips to Improve Loan Approval Chances:

Check Your Credit Score: Obtain your credit report from agencies like CTOS or CCRIS to understand your credit standing.
Consider a Guarantor: Having a co-signer with a good credit history can enhance your approval chances.
Offer Collateral: Secured loans, where you provide assets as collateral, might be more accessible.
Maintain Stable Income: Lenders prefer applicants with a consistent and stable income source.

Caution: Always ensure that you are dealing with licensed financial institutions to avoid scams or unlicensed moneylenders.

Note: Interest rates and loan terms are subject to change. It’s advisable to consult directly with the financial institutions or visit their official websites for the most current information.

Official Loan website：
🔗 ringgitplus.com
🔗 maybank2u.com.my
🔗 instaduit.com
🔗 directlending.com.my