Updated: 27 June 2026
KreditMy Malaysia Review — Legit Lender?
KreditMy (kreditmy.com.my) markets itself as a "trusted digital lending partner" for Malaysians needing short-term loans. We investigated — and like many new online lenders, the verifiable information is thin. Here's what we found and didn't find.
Verify Before Applying
We could not find KreditMy's operating company name, SSM registration, or KPKT license number. There are no independent reviews. The terms page blocks inspection. This opacity is a caution sign — verify any license claim yourself before sharing data.
⚠️ Important: Don't Confuse These Names
| Name | What It Is |
|---|---|
| KreditMy (kreditmy.com.my) | This review's subject — direct lender |
| MyCredy (mycredy.com) | Different brand — comparison tool |
| MyKredit (mykredit.com.my) | Different brand (has Trustpilot reviews) |
| My Kredit Komuniti | Different brand |
These are separate companies. Verify you're dealing with the right one.
What Is KreditMy?
KreditMy is a web-based direct lender (not a comparison site) offering short-term personal loans, stated to operate under Malaysia's Moneylenders Act 1951.
| Detail | What We Found |
|---|---|
| Website | kreditmy.com.my |
| Type | Direct online lender (web-based) |
| Operates under | Moneylenders Act 1951 (per their T&C) |
| Company name | Not found |
| SSM registration | Not found |
| KPKT license number | Not found |
| Loan amount / rate / tenure | Not published (eligibility-based only) |
| App store listing | None |
| User reviews | None found |
KreditMy targets "individuals with stable income" wanting online application "without traditional documents." Loan amount is said to depend on "eligibility and credit assessment" with no specific figures published.
The Transparency Gap
Operating "under the Moneylenders Act 1951" implies KreditMy should hold a KPKT license — but we could not find the license number, company name, or SSM registration anywhere public. A legitimate licensed moneylender displays these openly.
The "without the need for traditional documents" messaging is also worth noting — KPKT guidance flags low/no-documentation and no-credit-check promises as risk indicators (though not proof of illegitimacy on their own).
How to Verify Before You Apply
- i-KrediKom app — Official KPKT tool. Search "KreditMy" or its operating company.
- BNM Financial Consumer Alert — bnm.gov.my → check the scam list
- Demand the license number — Format
WL####/##/##-#/###### - Never pay upfront fees — Licensed lenders never charge before disbursement
What to Use Instead — Verified Options
If You Have EPF + RM1,500 Income: GX Bank FlexiCredit
| KreditMy | GX Bank FlexiCredit | |
|---|---|---|
| License | Claims Moneylenders Act — no number found | BNM licensed bank ✓ |
| Company identity | Not disclosed | GX Bank Berhad |
| Interest rate | Not published | From 3.78% p.a. |
| Max loan | Not published | RM150,000 |
| PIDM protected | No | Yes (RM250,000) |
| Transparency | Terms page blocked | Fully disclosed |
| Sign-up bonus | None | Free RM225 + Win RM50,000 |
✅ You qualify for GX Bank if: Malaysian citizen/PR aged 21–64, income RM1,500+, active EPF (6+ months), no major CCRIS defaults.
❌ If you don't qualify: Use a verified KPKT-licensed moneylender via i-KrediKom — ideally one with a confirmed license number and disclosed company.
Mohon Pinjaman Peribadi — Semak Kelayakan Anda
Bandingkan kadar terbaik dari Al-Rajhi, Alliance & RHB Bank. Proses 100% online.
Semak Kelayakan
Mohon Online
Terima Kelulusan
via RinggitPlus · Perbandingan kadar bebas & selamat
Perlukan RM30,000 ke atas?
Frequently Asked Questions
Is KreditMy legit?
We could not verify KreditMy's company name, SSM, or KPKT license number, and found no independent reviews. While it claims to operate under the Moneylenders Act, the lack of a verifiable license is a caution sign. Check i-KrediKom and BNM before applying.
Is KreditMy the same as MyCredy or MyKredit?
No. KreditMy, MyCredy, and MyKredit are separate, unrelated brands. MyCredy is a comparison tool; MyKredit has Trustpilot reviews. Make sure you're dealing with the right company.
What is the KreditMy interest rate?
KreditMy does not publish specific rates or loan amounts — only that they depend on "eligibility and credit assessment." As a claimed moneylender, the legal cap is 18% p.a. under the Moneylenders Act.
Is KreditMy safe to use?
Given the unverified license and lack of disclosed company information, we advise caution. Use BNM-licensed digital banks or KPKT-verified moneylenders instead.
What's a safer alternative to KreditMy?
GX Bank FlexiCredit (3.78% p.a., BNM licensed, PIDM protected) for those who qualify, or a KPKT-licensed moneylender verified via the i-KrediKom app.
Mohon Pinjaman Peribadi — Semak Kelayakan Anda
Bandingkan kadar terbaik dari Al-Rajhi, Alliance & RHB Bank. Proses 100% online.
Semak Kelayakan
Mohon Online
Terima Kelulusan
via RinggitPlus · Perbandingan kadar bebas & selamat
Perlukan RM30,000 ke atas?
Related Articles
- GX Bank FlexiCredit — Full Guide
- PinjamGo Review — License Check
- EzPinjam Review — We Checked the License
- DuitGini Review — KPKT Licensed
Last updated: 27 June 2026
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