In Malaysia, it happens more often than we’d like to admit:
You’re working hard, staying out of debt, dreaming of buying your first home — and suddenly, bam. You find out you’ve been blacklisted.
Why?
Because someone in your family — maybe even your own parent — took out a loan using your name.
Sounds dramatic? It is.
But you’re not alone, and you can fix it. This guide will show you how.
1. Wait — How Did I Get Blacklisted?!
Here’s how it usually goes:
A parent or relative has a poor credit history.
- They need a car loan, personal loan, or even to “install” a new phone.
- They ask you to “tolong sign je” since your name is clean.
- They promise they’ll pay for it.
- They promise they’ll pay for it.
But then… they don’t.
Months later, your credit score is in the red. You’re rejected for a credit card. You apply for a housing loan and get the dreaded “sorry, not approved.”
Surprise: You’re now blacklisted.
2. What Happens When You’re Blacklisted in Malaysia
This isn’t just a small problem. It can follow you around like a bad smell.
Here’s what it affects:
Your CTOS and CCRIS credit reports — these are what banks use to decide if you’re “trustworthy.”
- Loan and credit card rejections — even if you earn well.
- Job applications — some employers, especially in finance or government, check your credit health.
- Housing or car financing — good luck getting that dream home or Myvi.
Once you’re in the system, you stay there until you fix it. And even then, the record may linger for 12–24 months.
3. First Things First: Confirm What’s Going On
If this situation sounds a little too familiar, don’t panic. Start here:
a. Check Your Credit Reports
Get a copy of your report from:
- CTOS
- CCRIS
Check what’s listed under your name — loan amounts, dates, missed payments. You need a clear picture before taking action.
b. Talk to the Bank or Lender
Contact the bank and say:
“Hi, I’d like to clarify a loan under my name.”
Request:
- The original loan agreement
- Repayment history
- Current balance and legal status
Be calm, be professional — even if your heart is racing.
c. A Harsh Truth: It’s Legally Your Problem
Even if your mum, uncle, or cousin took the money — if your name is on that dotted line, it’s on you.
Verbal promises don’t count in court. Your signature does.
4. Now, Let’s Talk Damage Control
So you’re blacklisted. Now what?
a. Negotiate a Repayment Plan
Most banks are open to discussing options:
- Monthly restructuring
- Lump-sum settlement offers
- Interest waivers (sometimes)
You don’t know until you ask.
b. Pay It Off (If You Can)
Painful, but effective. If you’re financially able, clear the loan to stop further damage.
Then deal privately with the family member but don’t wait for them to sort it out.
c. Talk to AKPK
The Agensi Kaunseling dan Pengurusan Kredit (AKPK) is your free, legal, no-judgment friend.
They help people restructure debts, talk to banks, and build a financial recovery plan.
Visit AKPK’s website to book an appointment.
5. Fixing Your Credit: A Long Game, But Worth It
Once the loan is cleared or restructured, it’s time to rebuild.
Pay all your bills and commitments on time.
Don’t take new loans unless absolutely necessary.
Consider using a secured or prepaid credit card to slowly rebuild positive history.
Check your credit reports every 6 months to monitor improvement.
It may take 12 to 24 months to fully recover, but it’s better than waiting 10 years for “nanti dia bayar.”
6. How to Make Sure This Never Happens Again
Let’s be real — this kind of thing happens because we love and trust our family. But sometimes, that trust can be used irresponsibly.
Never sign anything you don’t fully understand.
If someone asks to “pinjam nama,” say no politely but firmly.
Don’t feel guilty. Protecting your financial future is not selfish — it’s smart.
7. Final Thoughts: You Can Bounce Back
Keep track of all financial commitments under your name.
Being blacklisted because of a loan taken by a parent or family member can feel unfair — but legally, responsibility falls on the person whose name is on the loan.
If you are in this situation, take control by understanding your credit record, speaking to the lender, and creating a resolution plan. With time and consistency, financial health can be restored.
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