What Banks Really Look at Before Approving Your Loan (It’s Not Just Salary)
Many Malaysians believe that having a stable job and good salary is enough to get a loan approved.In reality, salary alone is no longer the deciding factor. Banks today look at your overall financial profile, not just how much you earn. Understanding this can help you avoid rejection and apply with confidence. Why Salary Alone […]
Your Loan Journey Should Start With Clarity, Not Rejection
Applying for a loan in Malaysia should be simple.But for many Malaysians, the experience is stressful and disappointing. Loan rejection happens more often than you think — and most of the time, it can be avoided. The key is financial clarity before applying. Why Loan Rejection Happens in Malaysia Many people believe loan approval depends […]
You May Be Eligible for a Loan — But Here’s Why Many Malaysians Still Get Rejected
Many Malaysians assume that having a stable job and monthly income automatically means they can get a loan approved. In reality, that’s no longer the case. With tighter financial checks and stronger banking regulations in Malaysia, loan approval today depends on more than just salary. So why are so many applications still getting rejected? Loan […]
Why More Malaysians Are Facing Bankruptcy in 2025 — And How to Rebuild Your Financial Health
Recent reports by The Star reveal a worrying trend in Malaysia: around 18 individuals are declared bankrupt every day. This highlights growing financial pressure among Malaysians, especially those struggling with loan repayments, credit card debt, and rising living costs. While the numbers may sound alarming, bankruptcy is often the result of poor financial planning — […]
How to Stay Financially Secure in Malaysia — Even with Existing Loans
Managing your finances can feel overwhelming, especially if you already have personal loans, credit cards, or other financial commitments. With rising living costs and tighter banking checks, staying financially secure in Malaysia has become more important than ever. The good news?You can still improve your financial health — even if you already have loans — […]
Malaysia’s Financial Crackdown 2025: How You Can Protect Your CTOS and Loans
Malaysia has been making waves in financial safety recently. From recovering €8 billion in financial crime-related assets to upgrading its illicit finance rating, the country is taking strong measures to protect its citizens and strengthen financial integrity. But what does this mean for you and your personal finances? At Leap Concept, we guide Malaysians in […]
Malaysia’s Banking Sector Remains Strong Heading Into 2026 Despite Global Tariff Pressures
Malaysia’s banking sector is entering 2026 with strong fundamentals, even as global markets face rising tariff tensions and economic uncertainty.Industry analysts report that loan growth, stable funding sources, and healthy asset quality continue to support the country’s financial stability. This resilience positions Malaysia well for the new year, with both consumers and businesses expected to […]
Financial Red Flags Malaysians Shouldn’t Ignore (and When to Seek Help)
Managing money can be stressful, especially with rising living costs and increasing financial commitments. But many Malaysians overlook early warning signs that their finances may be heading in the wrong direction.Here are the key red flags you shouldn’t ignore — and what you can do before things get worse. 1. Your Credit Score Suddenly Drops […]
Banks to Offer Discounts for Early Car-Loan Settlement — What You Should Know (2025 Update)
Malaysian banks are now giving borrowers a chance to save if they repay their car loans ahead of schedule. This comes after the passage of the new Hire‑Purchase (Amendment) Act 2025 (HPAA), which reforms how hire-purchase financing is calculated. The Star+2Association of Banks in Malaysia+2 🚗 What’s Changing & Why It Matters The move aims […]
Malaysia’s Rising Household Debt : What Young Borrowers Must Know in 2025
Based on recent financial updates from Malaysian news outlets and economic reports, young Malaysians are facing growing financial pressure as household debt continues to rise in 2025. Slowing salary growth, a higher cost of living, and stricter bank lending rules are increasing the financial burden, especially for those in their early careers. These developments highlight […]