You’re probably aware that we’re going through inflation right now in today’s economy, but there’s another inflation that you’ve probably been living with all this while but never noticed – it’s known as lifestyle inflation. Get to know what is lifestyle inflation and why it could make you poor! DEFINITION. Lifestyle inflation is when an […]

Did you know, according to a report by the University of Cambridge, kids’ money habits are learned from as young as 7 years old? The earlier you start, the better it is for your kids to appreciate the value of money!  Especially with the rising cost of goods and inflation, it’s now more important than […]

We’ve all heard about people around us receiving a huge inheritance when one of their family members passes. We’ve even heard about people receiving a house and more. But how many of us have heard about what happens to the debts of those who die? Loans repayments and credit card bills come for you regardless […]

Death is of an unpredictable nature. But what you can control is your family’s security and well-being after you’re gone. Planning for your “death” may be overwhelming, but failing to do so will leave a harder impact on your loved ones!  Losing you will be the most tragic thing your family will ever have to […]

Credit History? Credit Report? Credit Score? What does it all mean? A credit history is a record of the credit accounts you hold along with details about those accounts including: the type of account, your responsibility on the account (e.g. whether you were a joint borrower), the credit limit or amount of the loan, the […]

Applying a loan is not easy and is, in fact, a very long and tedious process. When your loan goes for approval, your debt service ratio is a major consideration. It is a strong decisive factor and you need to make sure it’s good to prove to your loan officers that you have good credit […]

Debt can be overwhelming and sometimes people borrow more money than they can afford to pay back. If you’re in this sort of financial predicament, consider getting assistance from Agensi Kaunselling dan Pengurusan Kredit (AKPK) or the Credit Counselling and Debt Management Agency. Read this article to find out more about their services. Edited and […]

Ketahui apa itu muflis serta kesannya terhadap anda sekiranya diisytiharkan muflis. Kami juga kongsikan bagaimana anda boleh dapatkan pertolongan sekiranya anda rasa anda sedang menuju kearah diisytiharkan muflis. Apa itu muflis? Ia merupakan proses dimana penghutang (individu yang berhutang wang kepada pemiutang) diisytiharkan muflis berikutan arahan mahkhamah yang dikenali sebagai Perintah Penghukuman dari Mahkhamah Tinggi […]

 If you’re like the majority of young Malaysians who are living with high levels of debt, one of your financial resolutions is to settle your debt and make progress towards the overarching goal of financial freedom.

Sebelum memohon pinjaman, anda perlu tahu jika ia akan menjadi hutang yang baik atau buruk bagi anda. Tidak tahu bagaimana untuk membezakan antara kedua jenis hutang tersebut? Ketahui bagaimana hutang boleh menjadi baik atau buruk, dan pelajari bagaimana untuk menguruskan hutang anda dengan bijak! Apakah yang dimaksudkan dengan hutang baik? Menurut data dari laporan terkini […]

Kebanyakan individu perlu berhutang untuk membiayai perbelanjaan untuk perubatan, pelajaran, berkahwin, ataupun memulakan perniagaan.Untuk bebas dari hutang sepenuhnya mungkin agak mustahil. Tetapi, anda perlu tahu bagaimana kemampuan anda untuk membayar hutang-hutang  anda.Teruskan membaca untuk ketahui kemampuan anda untuk membayar hutang, dan  tips untuk membayar hutang dengan lebih cepat. Hutang isi rumah rakyat Malaysia menunjukkan peningkatan. Malah, […]

The term ‘debt’ is mostly associated with negativity. However, like many things in life, there’s always a good side. While some loans are usually detrimental to your financial standing from the get go (such as overspending on shopping and travelling expenses, etc.) there is another end of the spectrum with ‘good’ loans that actually add […]

We have all made impulse purchases at some point. If we learn to control impulse spending, we would have much more cash to spend on the things that we actually need. Below are habitual, money-wasting purchases that Malaysians should stop making. 1. Paying high interest rates Many Malaysians continue to service their existing loans without […]

If you are one of the unfortunate bankrupts in Malaysia, this is not the end of the world. Some even find relief from declaring bankruptcy since they can get proper help from the authorities such as The Credit Counselling and Debt Management Agency (AKPK) and own up the responsibilities to repay their debts under the […]

Along atau ‘Ah Long’ adalah terma yang merujuk kepada syarikat pinjaman wang yang tidak berlesen. Kebiasaannya, mereka yang terikat dengan pinjaman Along adalah daripada golongan yang berpendapatan rendah atau yang benar-benar terdesak dan memerlukan wang tunai dengan segera. Situasi ini terjadi kerana pinjaman Along adalah lebih mudah, ringkas dan kebiasaannya tidak memerlukan sebarang pemeriksaan kredit […]

Are you behind with your loan repayments? If you are worried about your safety and your rights when a debt collector hounds you for your repayments, read on. Who are debt collectors? Debt collectors, or debt collecting agencies, are usually hired by banks, telecommunication companies and utility companies. Essentially, they provide debt recovery services to […]

Take charge of your finances! Learn what bankruptcy is and how to get help if you think you may be heading towards being declared a bankrupt in Malaysia. What is bankruptcy? It is a process where a debtor (a person who owes money to a creditor) is declared bankrupt following a court order known as […]

Sebelum ambil sebarang pinjaman, anda perlu tahu sama ada ianya merupakan hutang yang baik atau lapuk kepada anda. Tidak tahu untuk membezakan kedua-dua hutang tersebut? Cari tahu bagaimana hutang boleh menjadi hutang yang baik dan lapuk serta belajar bagaimana untuk menguruskan hutang secara bijak. Apa itu hutang baik? Kajian menunjukkan bahawa 68% rakyat Malaysia masih […]

Anda mempunyai bayaran pinjaman yang tertunggak? Jika anda risau diganggu oleh pengutip hutang, teruskan membaca untuk ketahui hak anda apabila dikunjungi pengutip hutang. Siapakah pengutip hutang? Pengutip hutang, atau ejen pemungut hutang, adalah agensi yang biasanya diupah oleh bank, syarikat telekomunikasi, atau syarikat utiliti. Agensi ini menawarkan perkhidmatan untuk memungut hutang dari individu, perniagaan, atau […]

Sering mendengar istilah CCRIS dan CTOS, namun anda tidak tahu perbezaan istilah tersebut? Jangan risau, kami terangkan dengan lebih lanjut dalam artikel ini. Teruskan membaca untuk mengetahui perbezaan CCRIS dan CTOS, dan mengapa kedua-duanya penting untuk rakyat Malaysia.  Apakah itu CCRIS? CCRIS atau Pusat Sistem Maklumat Rujukan Kredit (Central Credit Reference Information System) menyediakan laporan […]