- What Happens When You Make Late Loan Repayments
Think that making late loan repayments is not a big deal? Think again. Whether it’s a personal loan, home loan, credit card or even study loan, here are the consequences that can happen if you miss your repayments. 1. You have to pay more Whether it is repayment for a personal loan or your credit […]Read More
- Understanding Peer-To-Peer Lending in Malaysia
Do you know much about peer-to-peer lending in Malaysia? No? Great, this article is just what you need. In Malaysia, the number of small and medium enterprises (also known as SMEs) are rising in parallel to the growing digital economy of our country. SMEs are important to our economy because they make up 97% of […]Read More
- How Is Your Maximum Loan Amount Calculated?
Planning to apply for a personal loan at your local bank? A personal loan can help you raise money in a flash, whether it’s for buying a new home or funding a vacation in Europe. The catch is that while personal loans can be used for a wide range of general purposes, they’re trickier to […]Read More
- Bagaimana Pinjaman Peribadi Islamik Berfungsi?
Ramai yang masih tidak faham bagaimana pinjaman peribadi dari perbankan Islam berbeza dengan bank konvensional. Artikel ini memudahkan semua itu dengan fakta yang diketahui untuk bantu anda memahami pinjaman peribadi Islamik dan luaskan pilihan kewangan anda! Asas Perbankan Islam Perbankan Islam merupakan perbankan yang mematuhi syariah iaitu undang-undang agama Islam seperti yang ditakrifkan dalam al-Quran, […]Read More
- What To Do When The Bank Repossess Your Car?
Edited by Anis Shakirah Binti Mohd Muslimin This article was first published on August 20, 2018, and has been edited and updated for accuracy and clarity. Buying a car in Malaysia is a relatively easy affair, especially when it comes to the more affordable cars such as the Perodua Axia or Proton Saga. With low […]Read More
- Difference Between Profit Rate And Interest Rate
Do you know the differences between Islamic Finance and Conventional Finance? Some would probably simply say that Islamic Financing disallows interest-based transactions. Sounds easy to understand, right? But if interest rates are prohibited, then how does anyone gain from the initial investment. We’ll cover the main differentiating factors between these two types of financing right […]Read More
- Should You Pay Off Your Loans Early? Here Are The Pros And Cons
The idea of being debt-free early in life is tempting because nobody wants to be tangled in debt in the long run, especially for high-interest debt. Maybe you have a stash of extra cash that you can use or you just got a nice bump to your salary—should you pay off your loans early, as […]Read More
- Apa Itu Kemudahan Overdraf Bank?
Anda ingin tahu apa itu kemudahan overdraf (overdraft facility), dan bagaimana untuk menggunakan kemudahan ini? Ketahui lebih lanjut dalam artikel ini dan lihat jika kemudahan ini sesuai untuk keperluan kewangan anda. Kemudahan overdraf ialah sejenis pinjaman dibawah kategori demand loan (pinjaman dimana peminjam perlu bersedia untuk membuat bayaran balik pada bila-bila masa) yang ditawarkan oleh […]Read More
- Tindakan Terhadap Penghutang Yang Tidak Mampu Bayar Pinjaman Bank
Anda fikir lambat lakukan pembayaran untuk pinjaman anda bukan hal yang besar? Fikir semula. Sama ada ia merupakan pinjaman peribadi, pinjaman perumahan, kad kredit ataupun pinjaman pendidikan, anda bakal berhadapan akibat buruk jika anda lambat lakukan pembayaran balik pinjaman. Anda perlu bayar lebih Sama ada ia pembayaran balik untuk pinjaman peribadi ataupun untuk kad kredit, […]Read More
- Tips Untuk Luluskan Pinjaman Peribadi Bank Di Malaysia
Proses memohon untuk pinjaman boleh memeningkan kepala, tetapi jangan risau! Ikuti tip-tip dibawah untuk ketahui apa yang anda perlu buat supaya permohonan pinjaman anda tidak ditolak oleh pihak bank! 1. Periksa rekod kewangan anda Sebelum anda memulakan permohonan untuk pinjaman, periksa dahulu keadaan rekod kewangan anda. Perkara pertama yang akan dilihat oleh pihak bank ialah […]Read More
- Bank Negara Malaysia Reassures Borrowers Repayment Assistance To Continue Until Next Year
If your finances are still affected by the pandemic, rest assured knowing that Bank Negara Malaysia (BNM) has confirmed that repayment assistance will extend until 2021. This article explains everything you need to know about the targeted assistance, read more to find out. Though the continued uncertainty surrounding the country’s economy has left many Malaysians […]Read More
- Bank Negara Malaysia Receives 500,000 Applications For Repayment Assistance Amid Moratorium Conclusion
About 500,000 applications for repayment assistance have been received by Bank Negara Malaysia (BNM) as Malaysians transition into targeted repayment assistance following the end of the six-month loan moratorium period on October 1, according to BNM. To aid vulnerable Malaysians who are struggling with their loans, banks have introduced a range of packages for affected […]Read More
- Balance Transfers Vs Debt Consolidation Loan: Which Is Better In Helping You Clear Your Debt?
If you’re struggling to pay off your debt, you can always consider using a balance transfer or a personal loan. But what is the difference between these two? Which one is the right one for you? Read this article to find out! We all make difficult and/or wrong financial decisions in life, and sometimes this […]Read More
- CompareHero Exclusive: Get Approved For An Alliance Bank Personal Loan In 10 Mins, Rate As Low As 3.99%
Alliance Bank Malaysia is now running an exclusive offer for its personal loan with an interest/profit rate from as low as 3.99%, including other benefits. Read more to find out the requirements, how you can apply for it online, and how to get fast approval in just 10 minutes! If you’re in need of a […]Read More
- 3 Easy Ways For Maybank Customers To Apply For COVID-19 Post-Moratorium Assistance
If you are struggling to make your loan repayments, Malayan Banking Bhd (Maybank) is now providing three options to apply for post-moratorium assistance packages before the existing six-month COVID-19 moratorium ends. Read this article to find out how. At time of writing, we are only a month away before the 6-month COVID-19 loan moratorium ends […]Read More
- 4 Reasons When And How A Personal Loan Would Make Sense To You
You might need a personal loan to help support your finances, but when is actually the best time for you to get it? There are situations and reasons how taking up a personal loan can be a good idea and worth it. This article explains 4 instances when a personal loan can make sense to […]Read More
- How to Get Your Loan Approved: 8 Factors Banks Look At When Lending You Money
Are you planning to apply for a loan for the first time? There are some important factors that banks consider before they approve your loan application. It can be a car loan, mortgage, or personal loan, but these 8 factors will help determine your chance of getting approved. Read below to learn more. Ever applied […]Read More
- Personal Financing: Good or Bad?
Personal loans tend to get a bad reputation. For most people, borrowing money (for any reason) is never a good thing. From social stigmas to cultural issues and hearsay, there are plenty of factors that can hold back a person from seeking financial assistance whenever he/she needs to. But it can be a viable option […]Read More
- 5 Lowest Interest Rate Personal Loans in Malaysia
Updated 4th November 2019 During times when you need some extra cash you would want to get it at the best possible rate. Look no further, because we’ve done the work for you. Here is a list of personal loans with the lowest interest rates for you to consider. MBSB Personal Financing-i Those looking for […]Read More