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.
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.
“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?”.
“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.
Applying for a personal loan is easy and convenient these days. Why? This is because you do not need to provide any collateral or offer security to obtain cash.
Owning a home is definitely one of the things that people would name as a ‘life goal’, and it even serves as a status symbol apart from being a source of comfort.
Many consumers have started switching to cashless payment methods especially during the pandemic because it’s a much safer option as compared to cash payments.