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Sera
A UiTM graduate, digital marketer and content creator since 2018. Sera writes about anything, from career advice, lifestyles, and finance. A person who cannot live without coffee, and sometimes she spends too much time on Twitter and TikTok.
There has been a lot of media coverage about loan scammers going on lately, especially during this COVID-19 pandemic. Usually loan scammers have these few tricks under their sleeve.
The recent case of loan sharks charging RM500 for every 30 minutes delay in repayment is not an exaggeration. This case happened to an insurance agent who borrowed RM3,000 and paid the full amount.
A personal loan is a type of credit facility offered by financial institutions to help fulfill your financial needs. In general, many borrowers apply for a personal loan based on various reasons such as settling overdue debts, tackling emergency needs, wedding costs, home renovation, and many more.
Those whose source of income has been dwindling down and are unable to apply for the moratorium or not eligible for one might consider a personal loan application instead.
“Get money from home refinancing? How does that work?” Perhaps some of us are not aware that the homes we live in can actually bring us some extra cash.
The Malaysian public is increasingly moving towards cashless payment modes, and this financial innovation seems to continue to evolve, signifying a positive shift for our society.