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The public can check whether the lending company is legally registered before borrowing

04/12/2021

The Ministry of Housing and Local Government (KPKT) launched the iKreditKom APP, which allows people to check whether the lending company is legally registered before making a loan.

Currently, to solve the cash flow problem, many people choose to borrow from Shark Loan and some private lending companies. However, this has also caused many social problems and disputes. For this reason, the Malaysian Real Estate Department launched the iKreditKom APP.

The iKreditKom APP can inquire about the details of legally registered lending companies in West Malaysia. Before borrowing, the public can check whether the lending company is legally registered and whether it holds a legal lending license.

In addition, the public can also complain and follow up on the progress of the complaint through the iKreditKom APP. The public can also use the iKreditKom APP to learn about the Akta dan Peraturan Pemberi Pinjam Wang 1951.

You can search and download the iKreditKom APP in Google Play Store or Apple AppStore.

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