https://www.lowyat.net/2023/294224/shopee-m...h-loan-service/

So there's this article mentioning about the Shopee SLoan, a personal loan. I am keen to know if there are others who have tried this, and how was the experience like?

As for me, I have activated SLoan, and gotten a pre-approval of 10k. Pretty simple, as I am also a SPay (The Buy Now, Pay Later user) user.
I think since most of the verification have been done for SPay, my SLoan has been approved quickly.

But I have not proceeded further as in I have not applied for the loan yet. LOL meant to ask if others have tried, and how was it like from applying to making the final loan payment. Easy, recommended, avoid?

Note: I hope this thread is not hijacked by those on virtues to avoid Personal Loan at all cost, because that's a topic meant to be discussed elsewhere.

Look like only selected few the choose by shopee got the option only...
As I try my don't have sloan....
Btw, the interest quite high ...

1.5% per month!

equal to 18%/pa...
same like credit card already....

Yup it is 18%p.a., I think the interest is even more than Personal Loans provided by banks?

If PL by bank,
If lucky can get 2.99% or lower?
18 equal CC interest rate already....

This SLoan is sure is high interest, so keep in mind before applying

It's very high risk for them, they'll need to cover themselves