Many debts. One payment.
Roll your credit cards and instalments into a single fixed monthly payment with a real payoff date — often at a lower rate than your cards charge.
Sound familiar?
Four signs that consolidating could make your month lighter.
What consolidating actually changes
An illustrative example — your numbers will differ.
Illustrative only. RM25,000 over 48 months at 10% p.a. ≈ RM634.06/month. Your confirmed rate (3.88%–12% p.a.) depends on your profile.
Debt consolidation options in Malaysia, compared
The “best” debt consolidation in Malaysia depends on your credit record and how fast you need it sorted. Here is an honest side-by-side — including the routes that are not us.
| Option | Best for | Typical rate | Speed | The catch |
|---|---|---|---|---|
| Bank personal loan | Salaried applicants with clean CCRIS and a low DSR | ~4%–9% p.a. flat (roughly 7%–16% effective) | 1–2 weeks | Strict DSR limits; many banks decline if you already carry several facilities |
| Credit card balance transfer | Card-only debt you can clear within 6–12 months | 0%–6% for the promo period, then ~15%–18% p.a. | Days | One-off fee, needs a new card with enough limit, and the rate jumps when the promo ends |
| AKPK Debt Management Programme | People who genuinely cannot meet current instalments | Free; existing rates often reduced by creditors | Weeks | Cards are closed and a DMP flag stays on CCRIS for the duration; no new credit while enrolled |
| Licensed moneylender loan (MyLoanCredits) | Self-employed, commission earners, or anyone banks have declined | 3.88%–12% p.a., confirmed in writing before you sign | Same-day callback, funds in as fast as 24 hours after signing | Only borrow from a KPKT-licensed lender — verify the licence, never pay upfront fees |
Full breakdown with worked numbers: Best debt consolidation options in Malaysia
How a debt consolidation loan works here
Step 1
List what you owe
Add up your card balances and instalments. Apply online for that total in about 3 minutes — no impact on your credit score.
Step 2
We structure one loan
Same-day callback. We confirm one fixed rate, one monthly payment, and one payoff date — the total cost in writing before you sign.
Step 3
Clear the old debts
Funds arrive in as fast as 24 hours. Pay off every card and instalment, and from next month there's only one payment to think about.
Want the full picture first? Read our guide: How Debt Consolidation Works in Malaysia
Estimate your one payment
Set the slider to your total debts and see the monthly number.
Estimated monthly repayment
RM626.73
- Estimated rate
- 8% p.a.
- Total interest
- RM2,562.18
- Total payable
- RM22,562.18
Estimate only, using a reducing-balance rate matched to your chosen profile. Your confirmed rate (3.88%–12% p.a.) and repayment are shown in writing before you sign. No early settlement penalty.
Debt consolidation in Malaysia — your questions
One payment. One payoff date.
Check your consolidation rate in 3 minutes — no credit score impact.
Applying won't affect your credit score.