What are you going to do when you need money fast? Whatever the reason, getting cash in Malaysia fast is hard.

Even if you have steady pay, a decent job, and an okay credit score, you still might run into problems when trying to gather money for an emergency.

Bank loan approval procedures take forever, resulting in money that might be delivered in a week or in a month – which you might not have time for.

When you have considered all of your options, the one that might stand out as the best choice could be a fast cash loan, or sometimes known as instant loan and quicken loan.

What is a Fast Cash Loan?

A fast cash loan is a personal loan that allows you to receive the money you need quickly. This type of loan has a shorter term of lending than banks.

Typically, you can receive a fast cash loan within one day, and in some cases, you might get the deposit within minutes.

Compare that to a traditional loan, which could take weeks or months for approval, and you can see why fast cash loans in Malaysia are growing in popularity.

Keep in mind that fast cash loans come with a short repayment period. Instead of taking years to pay back the loan, you should expect having to pay it back within a few weeks or months.

Another thing to know is that with fast cash loans, there’s no collateral necessary. You only need a credit score.

How Can a Fast Cash Loan Help You?

People will often choose to take out a fast cash loan when they are faced with a sudden financial emergency, such as an unanticipated medical bill, car repair, or home improvements.

Generally, fast cash loans are great for when you need money fast. These kinds of loans are therefore best for short-term needs, such as covering a plumbing bill or something similar. Fast cash loans are not a long-term solution to financial difficulties.

When you apply for a fast cash loan, you are applying for money to handle a specific situation, like a death in the family, which has created a crisis. Fast cash loans are tailored to your needs, helping ease the pain so you can move on with less stress.

If someone in your family is suddenly laid off, a fast cash loan can help compensate for those missing funds.

Even if you have a bad credit score, fast loans are more lenient. Many credit institutions will turn down those with poor credit or nonexistent credit, but a fast cash loan lender will have less strict requirements.

This is because the repayment period is shorter than a traditional loan. For example, LoanNow has a repayment period of up to 18 months. The minimum repayment period is 2 months (61 days onward).

How Do I Apply?

Many credit companies require you to visit a branch location to fill out the application so you can leave with cash in hand.

However, LoanNow understands that not everyone has the time to visit a physical location, especially when you might have an emergency to handle.

That is why we offer a hassle-free online application that won’t even take 30 minutes of your time to complete.

Some of the requirements for our fast cash loan application includes:

• Being of the legal age (21) or above for eligibility;
• You must have been employed for at least 3 months at the time of your application to ensure you have consistent income to pay back the loan;
• Have a decent credit score;
• Providing proof of employment or freelancing;
• Be available to speak on the phone with one of our consultants;
• Understand the terms of the loan agreement, such as fees, interest rates, and the repayment period;
• Have a bank account where the loan can be disbursed.

Why Should I Apply With LoanNow?

We know that you have plenty of other options out there for a fast cash loan in Malaysia, but when you borrow money from LoanNow, you’re getting a better deal.

How do you get a better deal?

Easy. LoanNow offers fair interest rates on loans that are up to S$50,000.

When approved, you can get your money in as little as 15 minutes.

Our integrity and reputation is rooted in our desire to help you through your financial struggles.

LoanNow is licensed and approved by the Ministry of Law and operates with philosophies that encourage ethical practices. We will do what we can to ensure a satisfactory experience every time you lend from us.

LoanNow is open daily until late. Feel free to message us with any application questions or concerns. We are a licensed moneylender in Malaysia who has experience and know-how to help you get the money you need, when you need it.

Our options are fast, and you receive a low interest rate on the quicken loan.

Or you can apply today, right now. It will take about 15 minutes to complete the application on our website.

You will receive a response in 15-30 minutes, guaranteed.

FAQ

Do you have any other questions about fast loans in Malaysia? Take a look below.

Do fast cash loans really work?

Yes! Fast cash loans work just as the name implies – quickly. You don’t have to worry about falling short on cash for an emergency. Filling out the application online or in a branch office takes hardly any time, and you can be approved and receiving your money within a blink of an eye.

What are the benefits of a fast cash loan?

There are many advantages to a fast loan in Malaysia, especially when using LoanNow. You can submit your application for fast loan approval. Instead of several hours or days, our approval process takes only minutes. You don’t even have to worry about being a foreigner or having a poor credit score. We have options for you.

In fact, most fast cash loans don’t have a lot of requirements. You can access money quickly. The only vital requirement is having continuous income to help you repay back the loan. This must be verified. Otherwise, you never have to worry about being asked for collateral or other kinds of sensitive information.

Once you have your money, you can use it however you want. Just remember to pay it back within the time frame.

What should I be cautious of when taking out a instant loan?

You want to make sure you are using a reputable personal loan institution. Always ensure the provider has been licensed and approved. When reading over the terms of the contract, make certain the statements make sense. Think about the repayment period. Consider how much money you make and what the cost of living for your family is. You don’t want to add unnecessary strain to the situation.

Once you understand all the terms and conditions set within the instant loan contract, you can submit the application and receive your money. If at any time you don’t understand something, contact your loan provider.

Still have questions? Let’s chat.

LoanNow is here to help. Applying for a fast cash loan can be confusing and intimidating, but we want you to know that money doesn’t have to wait.

Let our professional staff help you get the money you need – fast. Send us a message or give us a call today. We hope to hear from you soon.