Tag Archive: debt

best credit cards in malaysia

Top Credit Cards in Malaysia

By September 1, 2019 10:38 am

(Updated 3rd October 2019) Looking for a credit card that best suits your spending style? You’re in luck! We’ve compiled the best credit cards in Malaysia for 2019. So whether you’re looking for a rewards credit card, petrol, cashback, Islamic or even a basic credit card – we’ve sorted it all out for you. Read […]

5 Tips To Stop Living Pay Cheque To Pay Cheque

By August 26, 2019 10:00 am

Take the first step towards financial freedom. You may be gainfully employed, but yet you live pay cheque to pay cheque. You may even be in a two income household where bot of you earn enough to put food on the table, and your two small children have everything they need, but some months you […]

Financial Advice for Fresh Graduates in Malaysia

By August 19, 2019 11:22 am

If you’re about to graduate or have recently graduated, first of all - congratulations! Before you begin living payslip to payslip, here is some financial advice for all fresh graduates and entry-level executives at their first job.

Confessions Of A Credit Card Junkie

By July 3, 2019 9:00 am

We’re not talking about “Confessions of a Shopaholic” kind, where people are basically addicted to spending money they don’t have. We’re talking about people who repeatedly apply and cancel credit cards to earn rewards, bonus points, cashback and free gifts. This practice is also known as credit card churning. There are ways of maximizing credit […]

What Is Debt Consolidation? How Can It Work For You?

By May 9, 2019 10:00 am

Paying off a loan is never a fun thing to do. Pile on multiple loans and we have a headache on our hands. But don’t worry! There’s one sure way to give you the upper hand when it comes to multitasking your loan payments – a Debt Consolidation Loan. As its name suggests, a debt […]

2019 OPR Cuts: What Does This Mean For Malaysians? [UPDATED]

By May 7, 2019 6:30 pm

Updated 8 May 2019. The OPR is an overnight interest rate set by BNM. It is a rate a borrower bank has to pay to a leading bank for the funds borrowed. The OPR, in turn, has an effect on employment, economic growth and inflation. It is an indicator of the health of a country’s […]

How do I calculate my Debt Service Ratio?

By April 25, 2019 10:00 am

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 […]

difference between good debt and bad debt

Know The Difference Between Good Debt and Bad Debt

By April 18, 2019 1:00 pm

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 o f the spectrum with ‘good’ loans that actually […]

Stay Updated!
Subscribe now to get
CompareHero's weekly newsletter!
Personal finance news
Money saving tips
Alerts on deals

Compare the best deals in just one minute!