DirectLending review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

DirectLending suits Malaysian borrowers with a thin credit file and steady income, arranging personal, debt consolidation and business loans through a marketplace. Borrowing runs MYR 3,000 to MYR 250,000 at 2.69% to 9.99% over terms of 12 to 120, with free early repayment.

Key facts

Best for
Borrowers with poor credit who want fixed rates and a quick payout.
APR
2.69% to 9.99% (Source, checked September 26, 2026)
Loan amount
MYR 3,000 to MYR 250,000 (Source, checked September 26, 2026)
Term
12 to 120 months (Source, checked September 26, 2026)
Arrangement fee
RM 0 - no upfront or processing fees (Source, checked September 26, 2026)
Credit check
Soft prequal (Source, checked September 26, 2026)
Funding time
as fast as 2 working days (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Marketplace (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Malaysian citizen aged 20-58; civil servant with at least 6 months of service; minimum gross monthly income RM1,500; not bankrupt (Source, checked September 26, 2026)
Loan types
Personal, Debt-consolidation, Business (Source, checked September 26, 2026)
Credit needed
Poor (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Direct Lending Sdn. Bhd. (1178129-H) (Source, checked September 26, 2026)
Headquarters
Malaysia (Source, checked September 26, 2026)
Founded
2016 (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding
Official website
directlending.com.my

Apps and profiles

Elsewhere
LinkedInXinstagram.com

Pros and cons

Pros

  • No upfront or processing charge: RM 0 - no upfront or processing fees.
  • Fixed pricing: fixed rate loans at fixed rates over 12 to 120 terms.
  • A soft prequalification credit check, soft prequal, aimed at a poor credit file.
  • Quick release once a partner approves, with funding as fast as 2 working days.

Cons

  • Strict eligibility: Malaysian citizenship, a stated age range and a minimum gross monthly income, plus a minimum length of service for civil servants.
  • A marketplace model, so the rate comes from whichever lender accepts your application rather than a single published rate.
DirectLending

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Scored 8.9 / 10 by BorrowCue.

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Who it suits

  • Malaysian borrowers who want personal, debt consolidation or business loans handled in one place: personal, debt consolidation and business.
  • Civil servants who meet the stated eligibility test, including a minimum length of service.
  • Home improvement projects, the stated use case for the lending.

Who should look elsewhere

  • Monzo Flex, which lists rates of 10% to 23% and serves borrowers outside Malaysia.
  • Cashspace, whose PHP 12 to PHP 36 sits in a different market and currency from this one.
  • Cashspace ES, listed at 0%, the opposite end of the rate range from 2.69% to 9.99% here.

Safety and regulation

DirectLending runs as a marketplace, so the rate and terms come from whichever partner takes the application rather than from a single published lender. Its licensing names Kementerian Perumahan dan Kerajaan Tempatan (KPKT), the Ministry of Housing and Local Government in Malaysia. Check the partner terms before signing, since the contract is with the lender that accepts.

How DirectLending compares

Where DirectLending is available

Available
Malaysia
Licence in Malaysia
Kementerian Perumahan dan Kerajaan Tempatan (KPKT), Ministry of Housing and Local Government, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What fees does DirectLending charge?+

The stated charge is RM 0 - no upfront or processing fees on the personal, debt consolidation and business loans it arranges. The real cost of borrowing is the rate, 2.69% to 9.99%, so compare the rate and the term together rather than hunting for a separate setup charge.

Is the interest rate fixed or variable?+

These are fixed rate products and the rate type is fixed, so the repayment stays level for the life of the loan. Pricing runs 2.69% to 9.99% depending on the lender matched to you through the marketplace, which is worth checking before you accept an offer.

How much can I borrow, and for how long?+

Borrowing runs MYR 3,000 to MYR 250,000 across terms of 12 to 120. That covers a modest personal loan for home improvement and a larger consolidation or business loan, with the final figure set by the partner lender after it reviews your application.

Will a credit check stop me applying?+

The check is soft prequal, so an initial look at your file is lighter than a full hard search. The product targets a poor credit file, though the eligibility test still applies, including a minimum gross monthly income and a stated age range.

Who can apply for a loan?+

Eligibility is narrow. You must be a Malaysian citizen within a stated age range, not bankrupt, and meet a minimum gross monthly income. Civil servants are asked to have completed a minimum length of service, so borrowers outside Malaysia cannot apply.

Is DirectLending regulated?+

DirectLending is a marketplace based in Malaysia and has traded since 2016. The licensing line names Kementerian Perumahan dan Kerajaan Tempatan (KPKT), the Ministry of Housing and Local Government. As a marketplace, the agreement you sign is with the partner lender.

How quickly will the money arrive?+

Payout is as fast as 2 working days after an application is approved, and same-day funding is listed among the features: same day funding. The clock starts once the partner lender approves, so missing documents or a long eligibility check can push the release back.

Sources

  • directlending.com.my checked September 26, 2026

    Backs: Features

    “Sit back & wait for that cash to roll into your bank account as fast 24 hours”

  • directlending.com.my/about-us checked September 26, 2026

    Backs: Founded, Headquarters, Legal entity, Lender type

    “Direct Lending started in late 2016 as a digital lending marketplace platform”

  • directlending.com.my/faqs checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Free early repayment, Funding time, Loan types, Arrangement fee, Support channels, Term, Use cases, Licences

    “you can borrow up to RM250,000 with flexible loan terms of between 1 and 10 years ... the minimum loan amount is RM3,000”

  • directlending.com.my/koperasi-loans checked September 26, 2026

    Backs: Credit check, Credit needed, Pricing model, Rate type

    “Check your eligibility without affecting your credit score”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Representative example.

DirectLending

DirectLending

Borrowers with poor credit who want fixed rates and a quick payout.

8.9/10See alternatives

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