Where Do I File Complaint Against Pinjaman Wang Berlesen

When dealing with financial matters, it’s important to ensure the institutions we interact with are trustworthy and adhere to relevant regulations. Unfortunately, there are instances where we might come across unscrupulous individuals or companies. In my experience, it’s essential to know where to file a complaint against such entities, especially those dealing in pinjaman wang berlesen, or licensed money lending services in Malaysia.

As a concerned citizen, I find it important to spread awareness about the procedures one needs to follow when filing a complaint against these entities. This includes knowing the relevant authorities to approach, the documentation required, and the process individuals can expect to encounter when seeking resolution to their grievances.

Having faced a similar issue, I discovered that one of the key agencies responsible for handling such complaints is the Kementerian Pembangunan Kerajaan Tempatan (KPKT).

This government body oversees the licensed money lending industry in Malaysia and sets regulations to protect the rights of consumers and maintain fair business practices. I strongly believe that being well-informed about this process can empower individuals to take the necessary action when dealing with potential cases of fraud or malpractice in the pinjaman wang berlesen sector.

Understanding Pinjaman Wang Berlesen


Pinjaman wang berlesen refers to licensed money lending services in Malaysia. These companies provide loans to individuals and businesses, helping them finance purchases, projects, and other expenses. Unlike unlicensed moneylenders, also known as “Ah Longs” or “loan sharks”, licensed moneylenders must comply with strict regulations to protect borrowers and ensure the lending process is transparent and fair.

Legislation and Regulations

In Malaysia, licensed moneylenders are governed by the Moneylenders Act 1951 (Act 400). This legislation sets various requirements and standards for money lending businesses, including:

  • Obtaining a valid license
  • Registering with the Ministry of Urban Wellbeing, Housing, and Local Government (KPKT)
  • Adhering to interest rate ceilings and pre-determined loan terms
  • Providing clear loan agreements and disclosure of fees, charges, and penalties
  • Prohibiting unethical or aggressive collection practices

To check if a moneylender is licensed and registered, one should refer to the i-Kredikom platform, an online portal provided by KPKT. This platform allows users to verify the legitimacy of a moneylender they are considering borrowing from.

Identifying and Avoiding Loan Scams

Not all licensed moneylenders operate in a transparent manner. Some may have registered as community credit companies under KPKT but are not genuine in their business practices. To protect oneself from fraudulent lending schemes and unlicensed moneylenders, keep an eye out for warning signs:

  • Unsolicited loan offers through phone calls, texts, or emails
  • Requests for upfront fees or charges before loan approval
  • Extremely low interest rates that seem too good to be true
  • No physical office or lack of contact information
  • A poor online reputation or a history of unresolved complaints

In case of any suspicion or if one becomes a victim of a loan scam, it is vital to report the incident to KPKT or i-Kredikom for further investigation and action.

Filing a Complaint

Choosing the Right Channel

As a consumer, I have faced situations where filing a complaint against a licensed moneylender (pinjaman wang berlesen) was necessary. First and foremost, I need to choose the right channel to file my complaint. This could be through the relevant regulatory authority or an industry association, such as the central bank or a financial ombudsman service.

Gathering Necessary Information

Before writing and submitting my complaint, it’s important for me to gather all the necessary information to support my case. This may include:

  • Personal details: my name, address, and contact information
  • Moneylender details: their name, address, and license number
  • Specifics of the issue: loan amount, interest rate, repayment terms, and any applicable fees
  • Dates: when the loan was taken, any missed or late payments
  • Supporting documents: loan agreement, receipts, correspondence (emails, letters, text messages), and any other relevant evidence

Writing a Formal Complaint

Once I have all the necessary information, I can proceed to write a formal complaint. I should make sure my complaint is clear, concise, and well-organised, following the steps below:

  1. Start by stating the purpose of the complaint, for example: “I am writing to file a complaint against [moneylender’s name] regarding my recent loan experience.”
  2. Provide a brief overview of the issue, such as the problem I faced with the moneylender or any discrepancies in the loan terms.
  3. Include a detailed account of the events that led to the complaint, mentioning any supporting documents and evidence.
  4. Explain the impact the issue has had on me, highlighting any financial, emotional or other consequences.
  5. State my desired outcome, whether it’s a resolution, compensation, or an apology from the moneylender.
  6. Finish by thanking the recipient for their time and consideration, and provide my contact information for any further communication.

In conclusion, filing a complaint against a pinjaman wang berlesen (licensed moneylender) should involve choosing the right channel, gathering necessary information, and writing a well-structured, formal complaint. This will help me ensure that my concerns are properly addressed and any issues are resolved efficiently.

Steps After Filing

Follow Up

After filing my complaint against a licensed moneylender (pinjaman wang berlesen), I will make sure to actively follow up with the relevant authority. To do this, I will periodically check the status of my complaint through email updates or by contacting the authority directly. It’s essential for me to keep a record of all communication and supporting documents related to the case. This may include emails, phone call logs, and any other correspondence that might be useful throughout the process.

Resolving the Complaint

During the complaint resolution process, I may receive a response from the moneylender addressing my concerns, outlining the proposed solution or settlement, or requesting more information. At this stage, I will carefully review their response and evaluate whether it adequately addresses my concerns. If I am unsatisfied with their proposed resolution, I may contact the relevant authority to discuss other available options, such as mediation, negotiation, or legal action.

In some instances, the relevant authority may need more information from me to help resolve the complaint. To ensure a timely and efficient resolution, I will promptly respond to any requests for additional information or clarification. I will also make note of any deadlines provided and comply accordingly.

Upon reaching a resolution, I will document the outcome and any agreed-upon actions or arrangements. This may include changes to the terms of the loan, issuing of refunds, or corrective action taken by the moneylender. It’s essential for me to keep these records in case I need to reference them in the future.

Alternative Options


As someone who would need to file a complaint against pinjaman wang berlesen, I would first look into potential negotiation options. It is possible that misunderstandings or discrepancies happened between me and the lender. By engaging in negotiations, we could potentially come to an agreement without resorting to official complaints or legal action.


If negotiations do not lead to a resolution, I would consider mediation as an alternative option. Mediation involves bringing in a neutral third-party to facilitate discussions between the borrower and the lender. This could help both parties understand each other’s concerns and reach a resolution that satisfies both parties.

Finally, if both negotiation and mediation fail to resolve the issue, I may consider taking legal action against the pinjaman wang berlesen company. Legal action can be time-consuming and costly, so I would ensure I have exhausted other options before resorting to this. It is crucial to consult a solicitor to understand my legal rights and the potential for success in pursuing legal action against the lender.

Remember that there are alternative options in dealing with complaints against pinjaman wang berlesen. First, try to negotiate with the lender to resolve any misunderstandings. If that fails, consider mediation as an alternative. Finally, as a last resort, legal action may be necessary if all other options have been explored.

Preventing Future Issues

Educating Yourself

As someone who has experience dealing with pinjaman wang berlesen, I learned the importance of educating myself about the loan process and the regulations that govern it. I started by familiarising myself with the Kementerian Perumahan dan Kerajaan Tempatan (KPKT), which oversees licensed moneylenders in Malaysia. By understanding the role of KPKT and the rules that they enforce, I was able to ensure that I only dealt with licensed and legitimate lenders.

It’s important to be cautious and verify any lender’s credentials before agreeing to any transactions with them. By checking the i-KrediKom website, I can see if a lender is registered and licensed, giving me peace of mind when applying for a loan.

Managing Finances Wisely

Another key aspect to prevent future issues in dealing with pinjaman wang berlesen is managing my finances wisely. Here are a few tips that helped me improve my financial situation:

  • Create a budget: Start by listing all my income sources and monthly expenses. This has helped me identify any unnecessary costs and adjust my spending habits accordingly.
  • Save an emergency fund: I’ve made it a priority to build an emergency fund, which can be used in case of unexpected expenses, such as medical bills or car repairs. Saving a small amount regularly adds up over time, and it has helped me avoid borrowing money unnecessarily.
  • Pay off debts: Focusing on paying off my outstanding debts, especially those with high interest rates, has significantly improved my financial health. By prioritising debt repayment, I have managed to reduce my overall loan burden.

By following these steps, I have gained better control over my finances and can make informed decisions when considering loans. This has helped me avoid falling into financial traps and prevented any negative experiences with pinjaman wang berlesen in the future.

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