TheCashBird is a platform that connects your financial needs to the right credit community. We work with countrywide credit community to provide you with the most suitable financial solution.

TheCashBird is developed for the convenience and safety of people. There are many loan scammers out there trying to take advantage of people, causing their lives to be ruined after the grant. To help the people, we collaborate with trusted credit community which are all registered under Ministry of Housing and Local Government (KPKT), comply with the Moneylenders Act 1951 (Revised 1989).

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The following calculation is based on the maximum calculation. The actual fee & charge and APR offered may vary based on the selected lender.

Fee & Charges

Minimum repayment: 2 months
Maximum tenor: 60 months
Maximum Annual Percentage Rate (APR): 18%
Processing Fee (Includes Stamp Duty and Legal Fees) depending on the approved loan amount and the offer from the lender

Early Termination Fee
2 Months (Negotiable)

Late Payment Interest
8% p.a.from current outstanding amount

Late Penalty Fee
If any portion of the principal or interest not be paid within seven (7) days of when it is due, you will be charged a late payment penalty of RM25.00

Example:
Loan Amount - RM1,000.00
Loan Period - 12 Months Installment
Interest Rate - 1.5% p.m or 18% p.a
Processing Fee (Includes Stamp Duty and Legal Fees) - RM105

Total Interest Charge: Loan Amount X Interest rate per month X Loan Period
RM1,000 X 1.5% (Interest per month) X 12 Months = RM180

Total Repayment Amount: Loan Amount + Total Interest Charge
RM1,000 + RM180 = RM1,180

Monthly Installment Calculation: Total Repayment Amount / Loan Period
RM1,180 / 12 Months = RM98.33

Monthly Payment for 11 Months = 100 (Round up to nearest 5)
Last Monthly Payment = 80