Archive for the 'Credit card & bank loan' Category

Hong Leong Personal Loan with Cash Back - too good to be true?

“Cash Back” scheme, first popular by credit card issuers, then spread to hypermarkets, and now it seems to catch on with personal loan too.
Claimed to be “the only personal loan that gives you 20% cash back each month“, Hong Leong bank latest offering is eye catching which certainly deserves some eye-opening detail too.
The “cash back” [...]

Credit card : Bye-bye 20 Days Interest-Free Period

RM2.70 is already a reality, like it or not! But luckily, like a small consolation, you have one of those petrol rebate credit cards. But with the domino effects, very soon, cost of living will increase. If you live in a city, the inflation will be more than the 5% government [...]

Credit Card Debt - May be It Is our lousy Mathematic Skills (Part 2)!

In Part I of this article, 4 “interest-related” questions was posted and thank to KH, Vai, KC Lau and Freeman of taking time to answer these questions. So now let’s reveal the “answers”:
Let say EPF has declared 5% dividend rate for the next 10 years, so what is your dividend rate for 10 years?
No [...]