Are you thinking about taking on a personal loan? The best way to avoid an unhappy ending is to educate yourself on the mistakes other people have made and make sure not to repeat them. Read on to find out what they are, and how best to avoid them!
You may have heard the saying that a new
car starts to depreciate the moment it is driven off the dealer’s lot – while
this sounds like an exaggeration, a US-based insurance site has put the number
at a massive11%.
We don’t have the exact figures to account for such ‘immediate depreciation’
for vehicles in Malaysia but annually, it is estimated that a car will lose an average
of 10% to 20.
Now vehicle depreciation is expected to
some degree – but did you know that certain factors could actually speed up the
process and affect your car’s resale value?
Here are eight things that could influence
your vehicle’s resale value for better or for worse in the secondary auto
People take personal loans for all kinds of reasons - from paying for a car or wedding to consolidating a number of debts into a single payment. Many aspiring entrepreneurs also use it as seed money to jump start their business or to put it into a profitable investment. Whatever your purpose for taking out a personal loan, scroll down to learn more important things you should look out for when choosing a personal loan so that you can get the best deal possible!
Loans can be confusing sometimes, and not everybody enjoys doing the number-crunching that comes with deciding whether or not to take a loan, or determining the true cost of a loan. If you’re one of those people then worry not, because here is a list of amazingly simple calculator tools that can help you solve all of that in a matter of seconds!
The idea of taking out a personal loan can be intimidating to the uninitiated. All kinds of myths about personal loans exist, and sometimes these false beliefs can be the biggest thing holding people back from utilising personal loan financing to better their lives!
Refinancing is a term that is often assumed to be related only to housing loans. But did you know that you can actually refinance a personal loan as well? If you did, then great! If you didn’t, don’t worry – now you’ve learned something new! Regardless, keep scrolling, dear reader, and we’ll break down the ins and outs of refinancing a personal loan for your reading pleasure.
Many of us own a credit card(s) or even have a personal loan, but do we know enough about it? This article is to help consumers find out more about credit cards and personal loans and familiarise them with the pros and cons of each in order to make wise decisions when thinking of getting a new credit card or a personal loan.
In the first 6-months of 2015 itself, about 35% of housing loans have been rejected by banks – which is a 6% increase from last year, according to a survey conducted by the Real Estate and Housing Developers Association of Malaysia (REHDA).
As the price of properties in Malaysia continue to increase, many of us find ourselves considering different options when it comes to investing in property. Studio condominiums are gaining higher demand due to the lower purchase price combined with access to facilities and added security. For many the biggest concern is lack of space. With the average size of a studio being less than 600 square feet, the question buyers should be asking is how can i maximise space in such a small area as well as increase the value of the property?
The Rule of 78 is one of the most prevalent secrets in the banking industry that is barely understood by the public. Without your knowledge, you may have already been subject to this insidious practice and came out on the losing end. What is this sophisticated sounding concept and how does it affect you? Here, we shed light on this practice.