Licensed Moneylender Business Companies in Malaysia

There are many licensed moneylender business companies in Malaysia. These companies are regulated by the Malaysian government and are required to follow certain guidelines. Licensed moneylender business companies must provide transparent and fair lending practices. They must also charge reasonable interest rates and fees.

Licensed moneylender business companies in Malaysia must have a physical office. They cannot operate solely online. This is to ensure that borrowers can easily reach them if they have any questions or concerns.

These companies must also have a valid business license. This license must be renewed every year.

If you are thinking of borrowing money from a licensed moneylender business company in Malaysia, be sure to do your research. Compare interest rates and fees from different companies. Choose a company that you feel you can trust.