From the category archives:

Loans

Lower interest rates to come

February 25, 2009

With the latest cut in Bank Negara’s overnight policy rate to 2% (read the news here) following the recent 75 basis point reduction, this certainly signals more challenging times to come in the local economy. The world’s nightmare of the global financial crisis is far from over and I personally think Malaysia is now beginning to [...]

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How to save on paying interests on your home loan and shorten tenure

January 14, 2009

If you have a home loan with a bank or any financial institution, chances are you are paying your home loan on a monthly installment, and most likely for a tenure of 20 years or more. There are many ways to save on the interest charged on a home loan as well as to shorten [...]

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Repay your debt smartly – choose the cheapest one available

April 5, 2008

Am I making sense? Maybe the title seems a bit fuzzy, but that’s exactly what one should do in managing debts. One of the debts that most people are stuck with are credit card debts. It’s easy to swipe and sign and forget how much you’ve spent. In case you have over-swiped and are carrying [...]

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Are the banks cash-rich and desperate for business?

March 24, 2008

I own several credit cards from local and foreign banks. Recently, two banks have called to offer balance transfer programs with interest rates as low as 0.5% per month, for tenures ranging from 6 months to 2 years. There was another that offered me a higher rate of 0.8% per month and when I commented [...]

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Another investment to come

December 27, 2007

We’re thinking of a new, huge purchase – a car. It’s going to come in handy right now since we’re finding our regular car to be getting a tad too small for all the stuff we gotta lug around whenever we travel.
I hope our car loan will be competitive in terms of interest rates, to [...]

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