wFinovo

wFinovo gives working Malaysians a short-term amount for the things that can't wait — a medical bill, a car repair, a gap before payday — with none of the guesswork. Before you commit, every package sets out exactly what you receive, the one-time fee, the due date and the total repayable. From then on, the app keeps your balance, repayment progress and payment history in one place, and your assigned officer is a message away in Bahasa Malaysia or English.

Every wFinovo loan runs for a minimum of 70 days and a maximum of 100 days, at a maximum APR of 17.98% per year — within the 18% ceiling set by the Moneylenders Act 1951. As a representative example, you receive RM290.00 over 70 days and pay a single one-time fee of RM10.00, so the total amount repayable is RM300.00 on the due date, an APR of 17.98%. There are no rollover charges and no compounding.