1. If Your Card Approved Credit Limit is RM20,000
2. And You only owe the card company RM1,000.00
3. And Cash out the balance RM19,000

What we need to do

1. Check & confirm your Available Balance in you Card Account
2. Select your preferred Area Office to perform the transaction
3. Make a prior appointment with us 
4. Proceed to our office for CRP36 for Cash Out submission

Our Cash Out Transaction Process

1. Submit your Cash Out Application Form
2. Transaction approval process aproximately about 20-30 minutes 
3. Disburse money into you bank account by ETF or Cheque

2.  (In house transaction) Balance Transfer for Amount Owed 

(OFFSITE Outstation transaction Not Possible)

1. If Your Card Approved Credit Limit is RM20,000
2. And You owe the card company **RM16,00.00

**(Max Limit for CRP36 Repayment)

Bearing in mind the 18% Term Interest Charges for CRP36 (RM20,000 minus Interest Charges = Available Balance not including other unbilled amount)

What we need to do.....(This is a In House Transaction)

1. Check & confirm your Outstanding Amount and Available Balance in your Credit Card Account
2. Select your preferred Area Office to perform the transaction
3. Make a prior apointment so as not to waste each other's time
4. Proceed to our Area Office to do Balance Transfer

Our Balance Transfer Transaction Process

1. Confirm & do transaction for Available Balance to be transfer to the require tenure eg. CRP36
2. We will pay your card company in Cash to settle your RM16,000 (current outstanding amount)
3. After this your card account will have a full credit limit (Refresh)
4. We will then process your credit card for CRP36 for a Total Amount of RM16,000 divided by 0.82 = and this Charge Amount comes to RM19,512.20 (RM3512.20 is the Total Interest Charges for the 3 Years Tenure)
5. Your 36 equal monthly payment will be RM542.00 each
6. You signed the Credit Card Transaction Slip
7. You will receive your regular credit card statement 

3. Business Personal Loan for Credit Card Owners

We can provide you with a Business Personal Loan at very affordable rates. It's hassle free too! The maximum loan amount is Simply based on your Card Credit Limit!

Example :- If Your GOLD Card Approved Credit Limit (ACL) is RM20,000

1. Your loan eligibility will be (ACL divide by 3 and then multiple by 5)
2. So the loan maximum loan amount will be 20,000/3=6500 x 5 = RM33,000)

Loan Amount Estimate Ratio is as follows :

1. Classic Card - Credit Limit Divide by 2
2. Gold Card - Credit Limit Divide by 3
3. Platimum Card - Credit Limit Divide by 4
4. Loan Amount is 5 times of the amount

What you ned to do.....

Process : Before Applying for the loan :-

1. Check & confirm your Credit Limit Card Account
2. Come to us for you request for Business Loan Amount  
3. We will rechecked and confirm Loan Amount
4. Submit Loan Application
5. Wait for Approval (3 weeks)
6. Approved - Funds to be disbursed into your bank account
7. Repayment as per Bank Statement for Acquiring Bank

Please note : Your card repayment history and records will be checked. If you don't have a clean financial record your application will be rejected wiithout assigning any reasons whatsoever.

For those who have CTOS/CCRIS/ Own banking bad record please be honest since your loan will be eventually rejected.

This loan application is open to all Credit Cards isued in Malaysia with Good Payment Track Records. 

Billing Process for all transactions

All our transaction will use your existing credit card account. You will subsequently receive from your credit card company a statement for the transaction. Just pay accordingly as you are doing now

Billing and Card Repayment

Remember we won't be billing you a single sen!

Payback Process for Cardholder

You payback all instalments to your your credit card company as per statement received

Estimated Interest Rates Tables (Varies According to bank)

1. CRP12 - 12 months Repayment (9% to 11%)
2. CRP24 - 24 months Repayment (15% to 17%)
3. CRP36 - 36 months Repayment (18% to 19%)
4. CRP48 - 48 months Repayment (22%)  RHB Only

1. Request from our Local CRP Advisors our Cash Out Application Transaction Form
2. Call you credit card center to check and confirm that the you have the required dollar amount for cash out
3. Filled in and SIGN the Cash Out Application. Please provide your valid Bank Account Number and name for us to bank-in the money into your account
4. Choose your Repayment Period 12 months or 24 months or 36 months?
5. Submit the completed form to our Sales Advisor who will then need to Courier in the Original Copy for us to process you Cash Out Request
6. Upon receiving your Original Copy  of your application form we will submit your application to your credit card center for final Cash Our approval. This approval will usually take 3-5 working days
7. When the credit card company gives us the approval we will have the amount deposited into your account by EFT or Cheque MINUS the Total Interest Amount as per the CRP Tenure.
8. The calculation for the Cash Out Transaction Interest is similar to Balance Transfer.
9. There is NO Fees payable before and after for this type of transaction.
10. Your card company will bill you and so you will need to pay to the SAME Credit Card Account accordingly. 

Q : What are the diferrences between this type of Cash Out as compared to a cardholder Making a NORMAL Cash Advance at the bank?

A : The differences are:

1. Cash Advance Fees for 5% of the amount withdrawn will be imposed whenever a cardholder Cash Advance at the local bank branch for your Credit Card Balance
2. Payment Due in Full already or daily interest of 1.5% applies
3. No extended repayment period.
4. High interest charges @ 18% per annum

2. Outstation Balance Transfer Request :

(Must be conducted at our Area Office / Brances Only)

1. Request from our Local CRP Advisors or Fax Copy from our HQ for Balance Transfer Request Application Transaction
2. Call you credit card center to check and confirm that the Outstanding Amount and the Available Balance Amount
3. The Available Balance Amount should be sufficient to cover the total amount to be charged for the tenure applied for. Generally to do a CRP36 this amount should be 80% (ACL of 100% less 18% Interest Charges) of the Apporved Credit Limit ACL (except for HL Bank =70%)
4. Choose your Repayment Period 12 months or 24 36 or 48 months?
5. When filling in the Balance Transfer Application Form. Please provide your ADDRESS for us to sent back to you a completed application form.
6. Why do you need to prefilled the forms? The time to process will be reduced considrerably with the completed form. With the completed form and the prechecking of Credit Card Account Status. Then the actual transaction and approval time will take about 30 -50 minutes per card per transaction.
7. MUST come to our nearest Office and conduct this type of transaction. Please bring along your CREDIT CARDS and latest Credit Card Statement as well as IC. 
8. Once the transaction is completed your credit card debt will be converted to the CRP Tenure.
9. Billing and Paymet will be from your current credit card account provider.
10. You do  not need to pay any Processing Fees for this application.  

List of credit cards for Transactions

1. ABMB (CRP12) Latest
2. Arab Malaysian Bank (CRP 12, 24, 36)
3. Bank Simpanan Nasional (CRP 24, 36)
4. CIMB (CRP20, 30)   Latest
5. Citibank (CRP 12 Only)
6. EON Bank (CRP 12, 24, 36)
7. HSBC (CRP 12 Only)
8. HL Bank (CRP 12, 24)
9. PBB (CRP 12, 24)
10. MBB (CRP 12, 24, 36)
11. MBF (CRP 12, 24, 36)
12. RHB (CRP 12, 24, 36, 48)
13. ABMB Alliance (CRP12)
14. SCB (CRP12, 18)
15. OCBC (CRP12,24, 36)

*All cards for transactions must be active for transactions and the ABL (Available Balance) should be not more than the following 75% of the Approved Credit Limt (ACL) in order to process your card for the CRP48 Repayment Program

1. 80% of the Approved Credit Limit in order to process your card for the CRP36 Repayment Program
2. 85% of the Approved Credit Limit in order to process your card for the CRP24 Repayment Program 
3. 88% of the Approved Credit Limit in order to process your card for the CRP12 Repayment Program

Note : The above is not applicable as for HL Bank Credit Card the system will only allow transaction for for yp to 90% of the ACL for EPP Transaction whereas all of the above bank the limitis 100% of the card ACL

Other bank in the pipeline :(subject to final approval)

1. UOB (CRP 12, 24, 36)

Personal Loan via Credit Card Latest 

• Alliance Bank (Up to 2 x Credit Limit and Repayment 60 months)