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 disclosed (brand "KreditMy" only) |
| SSM registration | Not found |
| KPKT license number | Not found |
| Loan amount | RM1,000 – RM50,000 |
| Tenure | 91 days |
| App store listing | None |
| User reviews | None found |
🚩 Template-Farm Pattern
KreditMy's website is near-identical to DanaHero and Fundora — same tagline ("Pinjaman pintar, masa depan lebih cerah"), same design, same 91-day tenure, same favicon/share-card setup. Multiple loan brands sharing one template is a common pattern among unregulated online lenders. Note also the unusually wide RM1,000–RM50,000 range with no disclosed company or KPKT licence.
KreditMy targets "individuals with stable income" wanting online application "without traditional documents," advertising RM1,000–RM50,000 over a 91-day tenure — but discloses no operating company, SSM, or KPKT licence number.
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 RM100 (kod OOIY691) |
✅ 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.
Sehingga RM225 Ganjaran — GX Bank FlexiCredit & Biz FlexiLoan
RM225Bank digital berlesen BNM. Had kredit sehingga RM150,000, kadar dari 3.78% p.a., tanpa slip gaji (disahkan via KWSP). Kelulusan dalam minit.
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 advertises loans of RM1,000–RM50,000 over a 91-day tenure but does not clearly publish its interest rate. As a claimed moneylender, the legal cap is 18% p.a. under the Moneylenders Act — but with no disclosed company or KPKT licence number, treat the terms with caution.
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.
Sehingga RM225 Ganjaran — GX Bank FlexiCredit & Biz FlexiLoan
RM225Bank digital berlesen BNM. Had kredit sehingga RM150,000, kadar dari 3.78% p.a., tanpa slip gaji (disahkan via KWSP). Kelulusan dalam minit.
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
