16/05/2024
ABOUT EZ LOAN
Over the past few years, Malaysia’s economy has been on a recovery mission after the global recession, aftermath of 1MDB, and also the worsening by the recent pandemic. This has affected all sectors of the economy, which has led to escalating prices of commodities across the country. Most household owners were not able to meet their financial obligations and many are still grappling with the ripple effects of the global recession.
At the same time, banks have become more stringent when giving out loans, be it personal loans, hire purchase loans, housing loans, etc., especially if you’re an individual with less than ideal credit rating. This means that most salaried and self-employed citizens have been forced to resort to illegal money lenders, which are not only dangerous, but also charge an exorbitant amount of interest rates!
