http://smartconsumerbanking.com/2009/04/12/hong-leong-personal-loan-with-cash-back-too-good-to-be-true/ Consumer Guide on Banking & Financial Products , and tips on love, money and happiness For Fellow Malaysian Sat, 31 Jul 2010 22:12:55 +0000 http://wordpress.org/?v=2.6.1 http://smartconsumerbanking.com/2009/04/12/hong-leong-personal-loan-with-cash-back-too-good-to-be-true/#comment-420 RMBob Fri, 22 May 2009 14:35:22 +0000 http://smartconsumerbanking.com/?p=264#comment-420 Thank you so much for the info. Now I know that all bank are liars, at least when it comes to advertising/ promoting their products. Now, what is your advice on the repayment period? Since the borrower will be paying at 12% for 12 months, while the remaining period at 9.6%, is it better to extend the period of repayment to the maximum? Also, how is the 20% cash back will be given to the borrower? Deducted from their monthly repayment each time they pay, borrower will be given cash when paying, or accumulated everytime the borrower made prompt payment and deducted from loan amount? Thank you so much for the info. Now I know that all bank are liars, at least when it comes to advertising/ promoting their products.
Now, what is your advice on the repayment period? Since the borrower will be paying at 12% for 12 months, while the remaining period at 9.6%, is it better to extend the period of repayment to the maximum? Also, how is the 20% cash back will be given to the borrower? Deducted from their monthly repayment each time they pay, borrower will be given cash when paying, or accumulated everytime the borrower made prompt payment and deducted from loan amount?

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