The biggest cargo people carry these days is debt. Borrowing, including the use of credit cards, is habit-forming. Once you get caught in the habit, you run the risk of spending more than you can really afford.
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.
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.
“Should I rent or buy house?” is probably a question that gets pondered a lot by Malaysians, especially now that property prices have been consistently rising.
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.
“Your loan is rejected because you have a bad CCRIS or CTOS record”. Have you been told this before by a bank officer? And you are wondering, “What is CCRIS and CTOS?”.