Mr. Daniel Wong
Property Value: RM800,000
Existing Loan Balance: RM400,000
High-Interest Debts: RM120,000 (Credit Cards & Personal Loans)
Objective: To reduce financial burden by consolidating debts into a lower-interest home loan.
Challenges
High monthly repayments across multiple debts.
Credit card interest at 15–18%, personal loans at 7–9%.
No clear path to regain financial stability.Debt Consolidation Strategy
Refinanced to RM1.35 million (90% of property value)
Cashed out RM650,000
Secured 3.85% p.a. interest rate—lower than business loan options.
Adjusted loan tenure to keep monthly payments affordable.Outcome & Benefits
Cleared RM120,000 in high-interest debts.
Reduced total monthly repayments and financial pressure.
Simplified payments into a single installment.
Boosted credit score and regained control over finances.Conclusion
Mr. Daniel Wong successfully consolidated his debts, lowered his financial burden, and regained control over his finances.
14%
portion of savings derived from home loan solutions
- Case Studies
    Home Loan Refinancing
    Housing Loan Refinancing
    Refinancing Cash Out
    Debt Consolidation
    Business Loans
    Working Capital Loans
- Services
At CreditSecure, we are here to guide you every step of the way for a smooth, transparent, and stress-free home financing journey in Malaysia, we provide comprehensive Housing Loan Solutions.
