The interest rate for credit card is about 24% pa here (I think it should be roughly the same in Asia). Those who make use of the so-called minimum payment facility are mad!Personal loan is "only" (when compare to card rate) about 6-10%.Conclusion: The card's rate may be higher than loan shark.P/s: something went wrong with my keyboard with the NJS hence I can only choose to type in English.
Post a Comment
1 comment:
The interest rate for credit card is about 24% pa here (I think it should be roughly the same in Asia).
Those who make use of the so-called minimum payment facility are mad!
Personal loan is "only" (when compare to card rate) about 6-10%.
Conclusion: The card's rate may be higher than loan shark.
P/s: something went wrong with my keyboard with the NJS hence I can only choose to type in English.
Post a Comment