Question 1

What is Prime Credit and how does it work?

Accepted Answer

Prime Credit is a Malaysian digital lending platform offering personal loans from RM2,000 to RM200,000, 100% online. Check your rate in 2 minutes, verify with MyKad e-KYC, and receive funds via DuitNow as fast as 24 hours.

Question 2

What interest rate does Prime Credit offer?

Accepted Answer

Rates range from 3.88% to 12% per annum (flat), personalised to your credit profile. Tenures run from 12 up to 108 months.

Question 3

Does Prime Credit charge early repayment fees?

Accepted Answer

No. You can settle your loan early at any time with zero penalty, and you'll receive a rebate on unearned interest for the remaining tenure.

Question 4

Is there an impact on my CTOS or CCRIS score?

Accepted Answer

Checking your rate uses a soft enquiry that has no impact on your CTOS or CCRIS records. A full credit check only happens if you proceed with an application.

The 2-minute financial fitness quiz

How much of your monthly income goes to debt repayments?