Profin Elite Group

Profin Elite Group We're a financial advisory firm, not a bank, not a lender. We knows the banking system inside out.

We analyse your debt situation, compare consolidation options across 20+ Malaysian banks, and handle the entire application process on your behalf.

𝟭 𝗝𝗮𝗻 𝟮𝟬𝟮𝟳: 𝗕𝗮𝗻𝗸 𝗡𝗲𝗴𝗮𝗿𝗮 𝗸𝗶𝗹𝗹𝘀 𝗳𝗹𝗮𝘁 𝗿𝗮𝘁𝗲 𝗹𝗼𝗮𝗻𝘀. And that is exactly the problem. 𝗪𝗵𝘆 𝗕𝗡𝗠 𝗶𝘀 𝗯𝗮𝗻𝗻𝗶𝗻𝗴 𝗶𝘁 Flat rate charges ...
19/07/2026

𝟭 𝗝𝗮𝗻 𝟮𝟬𝟮𝟳: 𝗕𝗮𝗻𝗸 𝗡𝗲𝗴𝗮𝗿𝗮 𝗸𝗶𝗹𝗹𝘀 𝗳𝗹𝗮𝘁 𝗿𝗮𝘁𝗲 𝗹𝗼𝗮𝗻𝘀.

And that is exactly the problem.

𝗪𝗵𝘆 𝗕𝗡𝗠 𝗶𝘀 𝗯𝗮𝗻𝗻𝗶𝗻𝗴 𝗶𝘁

Flat rate charges interest on your full loan amount.

From the first month to the last.

RM100,000 at 5% flat for 10 years.

Interest is RM5,000 a year.

In year 9, you only owe RM10,000.

But you still pay interest like you owe RM100,000.

Total interest: RM50,000.

Locked in from day one.

Pay early, save nothing.

BNM decided this is unfair.

From 1 Jan 2027, all new personal loans must use reducing balance.

Interest only on what you still owe.

𝗧𝗵𝗲 𝗽𝗮𝗿𝘁 𝗻𝗼𝗯𝗼𝗱𝘆 𝘁𝗲𝗹𝗹𝘀 𝘆𝗼𝘂

The ban only covers new loans.

The flat rate loan you signed 3 years ago?

It stays flat rate until the final payment.

The regulator called the method unfair.

Your contract keeps it anyway.

Anyone holding a flat rate loan today will keep paying under the old rules.

𝗢𝗻𝗲 𝗺𝗼𝗿𝗲 𝗰𝗵𝗮𝗻𝗴𝗲 𝗰𝗼𝗺𝗶𝗻𝗴

From the same date, borrow above RM100,000 and you must complete a short financial education module first.

About 15 minutes, through AKPK or your bank.

RM100,000 is the bankruptcy threshold in Malaysia.

BNM wants you to see the full picture before you cross it.

So check your offer letter tonight.

If it says flat rate, you now know what you are really paying.

And you know there is a date on the calendar when better structures become the law.

What you do between now and then is the part worth planning.

𝗔 𝗰𝗿𝗲𝗱𝗶𝘁 𝗰𝗮𝗿𝗱 𝗰𝗮𝗽𝗽𝗲𝗱 𝗮𝘁 𝟭𝟰%. 𝗜𝘁'𝘀 𝗿𝗲𝗮𝗹. On 8 July, PM Anwar thanked the banks for a new product.It's called Kad Kredit A...
17/07/2026

𝗔 𝗰𝗿𝗲𝗱𝗶𝘁 𝗰𝗮𝗿𝗱 𝗰𝗮𝗽𝗽𝗲𝗱 𝗮𝘁 𝟭𝟰%. 𝗜𝘁'𝘀 𝗿𝗲𝗮𝗹.

On 8 July, PM Anwar thanked the banks for a new product.
It's called Kad Kredit Asas.
The Basic Credit Card.

The idea is simple:
- No air miles.
- No cashback.
- No lifestyle perks.

Just lower cost.

𝗪𝗵𝗮𝘁 𝗺𝗮𝗸𝗲𝘀 𝗶𝘁 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁

Interest is capped at 14% a year.
Regular cards charge 15% to 18%, depending on your payment record.

Credit limits will be set tighter.
That's on purpose.
It pushes careful spending.

𝗧𝗵𝗲 𝗽𝗮𝗿𝘁 𝗺𝗼𝘀𝘁 𝗽𝗲𝗼𝗽𝗹𝗲 𝗺𝗶𝘀𝘀𝗲𝗱

You can transfer your current card debt to this card.
No transfer charge.

Say you owe RM10,000 and you carry the balance every month.
Moving from your current rate to 14% saves you RM100 to RM400 a year, depending on which tier you're paying now.

Not life changing.
But it's your money.

𝗪𝗵𝗮𝘁 𝘄𝗲 𝗱𝗼𝗻'𝘁 𝗸𝗻𝗼𝘄 𝘆𝗲𝘁

Full details are not out.
Reports say applications may open around October 2026.

Maybank Islamic, RHB and CIMB Islamic have confirmed they will offer it.

We'll share the eligibility rules once the banks release them.

𝗢𝗻𝗲 𝗵𝗼𝗻𝗲𝘀𝘁 𝗿𝗲𝗺𝗶𝗻𝗱𝗲𝗿

14% is still 14%.
A cheaper card is not free money.

The debt stays until you pay it.
And if your card debt has grown past what any card can fix, that's a different problem.

That one needs a plan, not a product.

𝐋𝐨𝐚𝐧 𝐫𝐞𝐣𝐞𝐜𝐭𝐞𝐝? 𝐈𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐭𝐡𝐞 𝐞𝐧𝐝. Banks don't reject people.They reject applications.And an application can be fixed.Her...
13/07/2026

𝐋𝐨𝐚𝐧 𝐫𝐞𝐣𝐞𝐜𝐭𝐞𝐝? 𝐈𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐭𝐡𝐞 𝐞𝐧𝐝.

Banks don't reject people.
They reject applications.
And an application can be fixed.
Here are the real reasons banks say no.

𝐓𝐡𝐞 𝐛𝐢𝐠 𝐟𝐢𝐯𝐞

1. Your DSR is too high. Too much of your pay already goes to debt. This is the most common reason of all.

2. Late payments in your CCRIS. Two months behind is a red flag banks take seriously.

3. You applied to too many banks at once. Every application leaves a mark. Banks see it and get worried.

4. Your credit cards are maxed out. Full cards make you look stretched.

5. Missing documents. Simple, but it kills many applications.

𝐓𝐰𝐨 𝐭𝐡𝐢𝐧𝐠𝐬 𝐦𝐨𝐬𝐭 𝐩𝐞𝐨𝐩𝐥𝐞 𝐝𝐨 𝐧𝐨𝐭 𝐤𝐧𝐨𝐰

A rejection does not appear in your CCRIS report.
Bank Negara designed it that way.
So one bank's "no" does not poison the next application.

And every bank has its own rules.
The bank that said no is not every bank.
The fix is not to apply everywhere.

It is to fix the reason first, then apply to the right one.

Rejected is not the end. It is feedback.

𝐓𝐡𝐞 𝐨𝐧𝐞 𝐦𝐨𝐧𝐞𝐲 𝐛𝐨𝐨𝐤 𝐰𝐞 𝐭𝐞𝐥𝐥 𝐞𝐯𝐞𝐫𝐲𝐨𝐧𝐞 𝐭𝐨 𝐫𝐞𝐚𝐝. "The Psychology of Money", by Morgan Housel. The big idea: doing well with ...
10/07/2026

𝐓𝐡𝐞 𝐨𝐧𝐞 𝐦𝐨𝐧𝐞𝐲 𝐛𝐨𝐨𝐤 𝐰𝐞 𝐭𝐞𝐥𝐥 𝐞𝐯𝐞𝐫𝐲𝐨𝐧𝐞 𝐭𝐨 𝐫𝐞𝐚𝐝.

"The Psychology of Money", by Morgan Housel.

The big idea: doing well with money is not about being smart.

It is about what you do, again and again.

We all know someone clever who is always broke.
And someone simple who quietly saved up.

Same pay.
Different habits.

𝐖𝐡𝐚𝐭 𝐢𝐭 𝐭𝐞𝐚𝐜𝐡𝐞𝐬

Wealth is what you do not see.

The car not bought.

The new phone not chased.

The money still in your account.

Small habits beat big plans.
Save a little, every month, for a long time.
That is the whole trick.

Luck is real.
So leave room for things to go wrong.
Because sometimes they will.

𝐖𝐡𝐨 𝐬𝐡𝐨𝐮𝐥𝐝 𝐫𝐞𝐚𝐝 𝐢𝐭

Anyone who earns money.
Short chapters.
Easy words.
No stock tips.
No get-rich-quick tricks.

Just how to think about money, calmly.

Nobody paid us to say this.
We just think it is worth your weekend :)

𝐅𝐫𝐨𝐦 𝟏 𝐉𝐮𝐥𝐲, 𝐲𝐨𝐮𝐫 𝐛𝐚𝐧𝐤 𝐡𝐚𝐬 𝐚 𝐝𝐞𝐚𝐝𝐥𝐢𝐧𝐞. Here is something most people missed last week. You know how it works.Bank Negara...
08/07/2026

𝐅𝐫𝐨𝐦 𝟏 𝐉𝐮𝐥𝐲, 𝐲𝐨𝐮𝐫 𝐛𝐚𝐧𝐤 𝐡𝐚𝐬 𝐚 𝐝𝐞𝐚𝐝𝐥𝐢𝐧𝐞.

Here is something most people missed last week.

You know how it works.
Bank Negara moves interest rates.
Your home loan rate follows.
It is called a floating rate.

But here is the old problem.
When rates dropped, some banks took weeks to update your monthly payment.
Sometimes longer.
There was no deadline.

𝐓𝐡𝐚𝐭 𝐣𝐮𝐬𝐭 𝐜𝐡𝐚𝐧𝐠𝐞𝐝

From 1 July 2026, Bank Negara's new rule kicks in.
When rates change, your bank must update your instalment within 60 days.
That is the rule now.

From January 2028, it gets even tighter.
30 days.

Banks must also tell you clearly.
What changed, and what your new payment is.
No more finding out by accident.

𝐎𝐧𝐞 𝐡𝐨𝐧𝐞𝐬𝐭 𝐧𝐨𝐭𝐞

This works both ways.
If rates go up, your payment also adjusts faster.
The rule is about speed and fairness, not free savings.

But at least now, you know where you stand.
And when.

The next rate decision is on 9 July.
Now you know what happens after.

𝐏𝐚𝐲𝐢𝐧𝐠 𝐨𝐧𝐥𝐲 𝐭𝐡𝐞 𝐦𝐢𝐧𝐢𝐦𝐮𝐦 𝐨𝐧 𝐲𝐨𝐮𝐫 𝐜𝐚𝐫𝐝? It feels safe.The bank never complains.But look at what it really costs. 𝐇𝐞𝐫𝐞 𝐢𝐬 𝐭...
07/07/2026

𝐏𝐚𝐲𝐢𝐧𝐠 𝐨𝐧𝐥𝐲 𝐭𝐡𝐞 𝐦𝐢𝐧𝐢𝐦𝐮𝐦 𝐨𝐧 𝐲𝐨𝐮𝐫 𝐜𝐚𝐫𝐝?

It feels safe.
The bank never complains.
But look at what it really costs.

𝐇𝐞𝐫𝐞 𝐢𝐬 𝐭𝐡𝐞 𝐦𝐚𝐭𝐡

Say you owe RM10,000.
You always pay on time, but only the minimum.
That is 5% of your balance, or RM50, whichever is higher.

Paying on time every month earns you the best rate banks can give. 15% a year.
That is the lowest tier under Bank Negara's rules.

Even at that best rate, here is what happens.
It takes you almost 7 years to clear the card.
And you pay RM3,109 in interest.

𝐍𝐨𝐰 𝐬𝐞𝐞 𝐭𝐡𝐞 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞

Same RM10,000.
But you pay a fixed RM500 every month.
Cleared in 2 years.
Interest RM1,579.

Half the cost, one third the time.

The minimum payment is not a plan.
It keeps you on the stairs, climbing but never arriving.

Pay more than the minimum, even a little.
Every extra ringgit works for you!

𝐒𝐚𝐯𝐞 𝐟𝐢𝐫𝐬𝐭, 𝐨𝐫 𝐩𝐚𝐲 𝐨𝐟𝐟 𝐝𝐞𝐛𝐭 𝐟𝐢𝐫𝐬𝐭? Both feel right.But the math has an answer. 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐧𝐮𝐦𝐛𝐞𝐫𝐬 A good fixed deposit ...
06/07/2026

𝐒𝐚𝐯𝐞 𝐟𝐢𝐫𝐬𝐭, 𝐨𝐫 𝐩𝐚𝐲 𝐨𝐟𝐟 𝐝𝐞𝐛𝐭 𝐟𝐢𝐫𝐬𝐭?

Both feel right.
But the math has an answer.

𝐋𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐧𝐮𝐦𝐛𝐞𝐫𝐬

A good fixed deposit pays about 3% a year.
Keep RM10,000 there, you earn RM300.

A credit card charges up to 18% a year.
Owe RM10,000, you pay RM1,800.

Saving while owing?
You lose RM1,500 a year.
Quietly...

𝐃𝐨 𝐢𝐭 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐨𝐫𝐝𝐞𝐫

ONE.
Keep a small emergency fund first.
Even one month of expenses.
So one surprise bill does not push you back to borrowing.

TWO.
Attack the most expensive debt.
The one with the highest interest.
Every ringgit you clear there "earns" you 18%.
No savings account can beat that.

THREE.
Once the expensive debt is gone, save hard.
Now your money works for you, not the bank.

Simple order.
Big difference.

𝐈𝐟 𝐢𝐭 𝐥𝐨𝐨𝐤𝐬 𝐭𝐨𝐨 𝐠𝐨𝐨𝐝 𝐭𝐨 𝐛𝐞 𝐭𝐫𝐮𝐞, 𝐢𝐭 𝐢𝐬. Last year, scammers took RM1.47 billion from Malaysians. That is not a small num...
30/06/2026

𝐈𝐟 𝐢𝐭 𝐥𝐨𝐨𝐤𝐬 𝐭𝐨𝐨 𝐠𝐨𝐨𝐝 𝐭𝐨 𝐛𝐞 𝐭𝐫𝐮𝐞, 𝐢𝐭 𝐢𝐬.

Last year, scammers took RM1.47 billion from Malaysians.

That is not a small number.
That is real people losing real money.

And here is the sad part.

The group hit hardest was aged 41 to 50.

Why them?

Because that is the age you have the most to protect.
A home loan.
Kids in school.
Old parents to care for.

You want to grow your money faster, so you can breathe easier.
Scammers know this.

So they offer you the dream.

- High returns.
- No risk.
- "Guaranteed."

But real investing does not work that way.

𝐑𝐞𝐦𝐞𝐦𝐛𝐞𝐫 𝐭𝐡𝐞𝐬𝐞 𝐭𝐡𝐫𝐞𝐞.

1. No real investment is "guaranteed." If they promise no risk, walk away.
2. A good deal does not rush you. If they push you to pay now, that is a red flag.
3. Never borrow money to invest. If you lose it, you keep the debt.

Take your time.
Ask questions.
Check before you trust.

Your money took years to earn.
Don't let someone take it in one phone call. 💙

We help people consolidate debt.So this may surprise you. It is not always the answer. Sometimes it is the wrong move.He...
30/06/2026

We help people consolidate debt.
So this may surprise you.

It is not always the answer.

Sometimes it is the wrong move.
Here is when:

𝟭. 𝗪𝗵𝗲𝗻 𝘆𝗼𝘂 𝗱𝗿𝗮𝗴 𝘁𝗵𝗲 𝗹𝗼𝗮𝗻 𝘁𝗼𝗼 𝗹𝗼𝗻𝗴.

A longer loan means a smaller payment each month.
Sounds good, right?
But you pay more in the end.

Here is a real example.
You borrow RM50,000 at 8% flat.
Pay it over 3 years, the interest is RM12,000.
Drag it to 7 years, the interest jumps to RM28,000.

Your monthly drops from RM1,722 to RM929.
Easier each month, yes.
But you pay RM16,000 more in total.

𝟮. 𝗪𝗵𝗲𝗻 𝘆𝗼𝘂 𝗱𝗼𝗻'𝘁 𝗳𝗶𝘅 𝘆𝗼𝘂𝗿 𝘀𝗽𝗲𝗻𝗱𝗶𝗻𝗴.

Consolidation clears your credit cards.
If you start swiping again, now you have two debts, not one.
Worse than before.

𝟯. 𝗪𝗵𝗲𝗻 𝘁𝗵𝗲 𝗻𝗲𝘄 𝗿𝗮𝘁𝗲 𝗶𝘀 𝗻𝗼𝘁 𝗹𝗼𝘄 𝗲𝗻𝗼𝘂𝗴𝗵.

If the new loan is not cheaper than your old debts, you save nothing.
Always check first.

𝟰. 𝗪𝗵𝗲𝗻 𝘆𝗼𝘂 𝗮𝗿𝗲 𝗮𝗹𝗿𝗲𝗮𝗱𝘆 𝗱𝗲𝗲𝗽 𝗶𝗻 𝘁𝗿𝗼𝘂𝗯𝗹𝗲.

If you are far behind and cannot keep up, one more loan can make it worse.
What you need is a real plan, not more debt.

So yes, it is a good tool.
But only at the right time.

Not sure if it suits you?
We will tell you straight, even if the answer is no 👉 profinelite.group

𝙀𝙫𝙚𝙧 𝙬𝙤𝙣𝙙𝙚𝙧 𝙝𝙤𝙬 𝙖 𝙗𝙖𝙣𝙠 𝙙𝙚𝙘𝙞𝙙𝙚𝙨 𝙞𝙛 𝙮𝙤𝙪 𝙘𝙖𝙣 𝙗𝙤𝙧𝙧𝙤𝙬 𝙢𝙤𝙧𝙚? 🤔 They look at one number.Your DSR. It is simple.It shows how muc...
29/06/2026

𝙀𝙫𝙚𝙧 𝙬𝙤𝙣𝙙𝙚𝙧 𝙝𝙤𝙬 𝙖 𝙗𝙖𝙣𝙠 𝙙𝙚𝙘𝙞𝙙𝙚𝙨 𝙞𝙛 𝙮𝙤𝙪 𝙘𝙖𝙣 𝙗𝙤𝙧𝙧𝙤𝙬 𝙢𝙤𝙧𝙚? 🤔

They look at one number.
Your DSR.

It is simple.
It shows how much of your pay goes to debt.

Here is how to work it out.

List all your monthly payments.
- Car loan.
- Home loan.
- Personal loan.
- PTPTN.
- Your credit card minimum.

Add them up.
Then divide by your take-home pay.
That is your pay after EPF, SOCSO, and tax.

Let us use an example.

Ahmad takes home RM4,500 a month.
He pays RM800 for his car.
He pays RM1,600 for his house.

That is RM2,400 in debt.
So his DSR is 53%.

What does that mean?

Most banks want it under 60%.
So Ahmad is still okay.
But only just.

He wants another loan?
His payment cannot go much higher.
Not unless he earns more.

One last thing.
This part matters.

Approved and affordable are not the same.
A bank might say yes.
But you must still ask yourself one thing.

Can I really pay this every month?

Know your number first.
We can help, free 👉 profinelite.group

Address

E-16-05, Menara SuezCap 2, KL Gateway, No. 2, Jalan Kerinchi, Gerbang Kerinchi Lestari
Bangsar
59200

Opening Hours

Monday 09:30 - 18:30
Tuesday 09:30 - 18:30
Wednesday 09:30 - 18:30
Thursday 09:30 - 18:30
Friday 09:30 - 18:30

Telephone

+60342882120

Website

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