First Class Smartphone HP Financing
The Smart Way to
Upgrade Your Phone
Fast, transparent financing for the latest flagship devices. Enjoy flexible monthly payments for up to 36 months.
Why Choose
First Class Credit?
Competitive Fixed Rate
A locked-in fixed flat rate so you can plan your monthly cash flow without any surprise fluctuations.
Low Upfront Cost
Get your hands on premium smartphones without draining your savings.
Quick Turnaround
Pre-approval status within 24–48 hours of document submission.
100% Genuine Devices
All smartphones are guaranteed authentic, brand new, and come with standard manufacturer warranties.
The Lineup
The Complete iPhone 17 Lineup, Ready for You
Choose your perfect model. Apply today and upgrade to Apple's most advanced iPhones yet.
Eligibility &
Documents
Make sure you meet the requirements below before you start your application.
Plan Your Budget
See How It Fits
Your Plan
Use our calculator to estimate your monthly instalments. Adjust the amount financed and tenure to find a repayment plan that suits you.
*Based on a fixed rate of 10.00% per annum (flat).
Fixed rate: 10.00% per annum (flat)
Total Term Charges
RM 800
Total Payable
RM 4,800
No. of Instalments
24
Final Instalment
RM 200
Monthly Instalment
RM 200
Indicative only — actual instalment, margin, and rate will be confirmed in your signed Hire Purchase Agreement and Product Disclosure Sheet.
How to Apply
Simple Steps to Your Next Upgrade
Choose Your Device
Select your desired smartphone model and use our calculator to find a monthly instalment that fits your budget.
Quick Online Application
Fill out our 5-minute application form with your personal and employment details.
Fast Verification
Our team reviews your profile and contacts you via WhatsApp within 24–48 hours for pre-approval.
Collect Your Phone
Sign your agreement, settle the initial payment, and pick up your brand new smartphone.
Frequently Asked
Questions
See All FAQsThis program allows you to purchase a smartphone through fixed monthly payments. Please note that the smartphone legally belongs to First Class Credit until you make your final instalment payment, after which ownership transfers to you.
Yes. All our smartphone financing is governed by the Hire Purchase Act 1967, which protects you as the Hirer.
An upfront downpayment of 10% of the device price is required.
We charge a fixed flat interest rate of 10% per annum.
Minimum loan tenure 1 year (12 months) & maximum loan tenure 3 years (36 months).
Yes, you must maintain comprehensive device protection insurance that covers accidental damage, liquid damage, or theft for the entire duration of your financing tenure.
You cannot sell, trade, or pawn the smartphone while your contract is active without our written consent. You are allowed to gift the phone to someone else; however, you remain legally responsible for making all the monthly payments.
Here is a typical representative example for a smartphone hire purchase loan:
Defaulting on your payments will result in several enforcement and penalty actions: An additional late interest rate of 8% per annum will be calculated and charged daily on any overdue amounts. We have the right to remotely lock your smartphone via security software if you miss two (2) consecutive monthly payments. First Class Credit retains the full legal right to physically repossess the smartphone if your defaults are not resolved. You are strictly responsible for covering all collection, administrative, and legal expenses incurred during the device recovery process. Your default history will be reported to credit bureaus such as CTOS, which can damage your credit score.
Yes, you can choose to settle your account early. Your early settlement sum will be the original payable balance minus a statutory rebate governed by the Hire Purchase Act 1967. The rebate is calculated using the following formula: Rebate = [Total Interest × RP × (RP + 1)] / [OP × (OP + 1)] RP represents the remaining period (number of months) from the point of early settlement until the original full settlement date. OP represents the original period (number of months) set out in your Hire Purchase Agreement.
We practice full transparency. Typical costs include a Stamp Duty and Postage fees. These will be clearly stated in your Product Disclosure Sheet (PDS) .
Once we receive your complete documentation (NRIC, latest 3 months’ salary slips, and EPF/bank statements), pre-approval typically takes 24 to 48 hours.
Ready to Upgrade Your Phone?
Start your application in just 5 minutes.