What is a Personal Loan?
Personal loan or pinjaman peribadi is a type of consumer loan provided by financial institutions for personal use of borrower such as medical, education, vacations, household purchases, wedding, purchasing assets and so on. These loans are pretty much different as compared to their counterpart which is business or commercial loan in a way that personal loans are usually unsecured that borrower can use it at its own discretion. The personal loans that are unsecured are also termed as signature loans and are granted on the basis of the borrower’s credit history and the ability to repay the loan from the income generated. These loans are repaid through monthly fixed installments over a tenure period decided at the initial level of the loan process. The personal loans are usually difficult to get because they are often unsecured and thus financial institutions providing the loan does not have any asset of the borrower to seize in case of a default.
How to Get It?
The question now arises is there any way to get personal loans in a fast, reliable and affordable manner. Yes, there is a group in Malaysia named “GS Loan Group”, a private investment company with large scale financing and capital providing personal loans to the individuals in a fast paced and affordable manner. This group is a renowned money lender or pinjaman wang in Malaysia offering personal loan that are processed in a shortest possible time with and easy to apply application process.
Unique Selling Features:
Let’s explore some of the salient features of this type of loan. The group has designed different loan packages according to the needs of the borrower that are quick to apply and can gets accepted in as fast as 24 hours time period. They are offering very competitive markup rates on loans and offers easy repayment options in order to provide their customers a trouble free experience. The group also features a high loan approval rate that is 95%. This is remarkably high as the loan application rejection chances are only 5%. In the next phase, if the application gets approves, the loan amount is credited into the borrower’s account within 2 days time period.
How to Enquire?
There is a loan enquiry form available on the website of the company through which people can submit their loan enquiries and connect with their loan officers and discuss their situation so that they can offer the best possible solution for the problem. Summarizing it all, if a person requires a trouble free loan experience they should opt for this financial institution.