Terms and Conditions

By using [www.instantcashkl.com](http://www.instantcashkl.com), including any of its by sub-domains (the “Website”), you signify that you have read, understood, and agreed to be bound by these Terms and Conditions, whether or not you are a registered member.

1. Loan Amount
The Lender agrees to lend the Borrower the amount specified in the Schedule J Money Lending Agreement, in Malaysian Ringgit (the “Loan” or “Personal Loan”).

2. Purpose of Loan
The Borrower undertakes to use the Loan solely for legitimate and legal purposes. The Loan must not be used for any activity prohibited under Malaysian laws, rules, or regulations.

3. Loan Term
The Loan shall have a term not exceeding the period stated in the Schedule J Money Lending Agreement (the “Agreement”), commencing on the date the Borrower receives the Loan or any portion thereof (the “Loan Term”).

4. Due Date
The Loan Term expires on the date specified in the Schedule J Money Lending Agreement (the “Due Date”). If extended, the expiration of the extended Loan Term will be set by the Lender in accordance with Section V, “Loan Term Extension” (the “Extended Due Date”).

5. Loan Advancing
The Loan will be transferred to the Borrower’s bank account, subject to compliance with all terms and conditions of this Agreement. Receiving the Loan constitutes the Borrower’s acceptance of all Terms and Conditions herein.

6. Repayment
The Borrower shall repay the Loan, including all applicable fees, charges, and interest, in full on or before the Due Date or Extended Due Date.
A grace period of 3 days may be granted at the Lender’s discretion.
Payments must be made before 7:00 PM on the Due Date. Payments made after 7:00 PM will be treated as received on the next working day and may incur additional fees.

7. Fees and Charges
The Borrower is responsible for all costs incurred in relation to the Loan, including:
-Service fee
-Processing fee
-Documentary stamp tax
-Legal fees

8. Interest
The Borrower agrees to pay 1.5% monthly interest on the Loan or its outstanding balance, if applicable.

9. Late Payment Fee
Late payment fees apply if the Borrower fails to pay:
1.Any outstanding instalments on the respective due dates.
2.Total amounts agreed upon in the Agreement.

Calculation:
-Fees are not compounded.
-Total late payment charges will not exceed the outstanding principal.
-Does not include debt collection agency charges (if applicable).

10. Borrower’s Particulars
The Borrower must promptly notify the Lender in writing of any changes to:
-Employment
-Home address
-Contact details
-Any other previously provided information

Failure to do so means notices sent to the last known address are deemed valid.

11. Communications
-All messages, including Loan approvals, will be sent to the Borrower’s registered contact details.
-The Lender is not responsible for acts of third-party service providers (e.g., email, telecom).
-The Borrower authorizes the Lender to record all telephone conversations for:
-Instructions
-Statements
-Complaints
-Loan inquiries
-Reminders

Recordings may be used as evidence in legal or administrative proceedings.

12. Exemption from Liabilities
The Lender is not liable for any losses or damages arising from:
-Delay or refusal to grant or continue the Loan
-Revision, suspension, or termination of the Loan
-Changes to these Terms and Conditions

This exemption applies to the maximum extent permitted by law.

13. Disclosure of Information
The Borrower consents to the Lender disclosing any customer information as permitted or required by law, including to:
-Statutory authorities
-Third parties as necessary

This consent survives termination of the Agreement or any relationship between the Borrower and the Lender.

14. Representations and Warranties
The Borrower warrants that:
-All information provided is accurate, complete, and truthful.
-No litigation, arbitration, or tax claims exist or are pending against the Borrower.
-The Lender may rely on such information to grant or continue the Loan.

The Loan may be unsecured, partially secured, or fully secured, and security conditions may change at the Lender’s discretion. The Loan may also be terminated at the Lender’s absolute discretion.

15. Other Terms and Conditions

Assignment:
-Lender may assign rights without Borrower consent.
-Borrower may not assign rights without Lender’s prior written consent.

Non-Exclusivity:
-Rights and remedies are cumulative and not exclusive.

Amendment:
-Lender may amend Loan details (interest, instalment, Due Date) upon written notice.
-Borrower may terminate the Loan by written notice if amendments are not accepted.

Binding Effect:
-These Terms bind successors and assignees.

Waivers:
-Delay or failure to exercise rights is not a waiver unless in writing.

Partial Invalidity:
-If any clause is invalid, other clauses remain effective.

Outsourcing:
-Borrower allows Lender to outsource debt management, collection, or litigation.

Change in Name:
-Change of the Lender’s business name does not terminate these Terms.

Acceptance:
-Borrower confirms understanding and agreement with all Terms, Privacy Policy, and Notice to Loan Applicants under the Personal Data Protection Act 2010.

16. Governing Law and Dispute Resolution

Governing Law:
-These Terms are governed by the Moneylenders Act 1951 of Malaysia.

Dispute Resolution:
-Disputes shall first be addressed via the Ministry of Local Government Development (KPKT).
-If unresolved, disputes shall be settled in the Courts of Malaysia.