Jul
11

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1

Banks will be biggest winners: Analysts

Author: bicarajutawan | Category: Debt Management, Housing Loan

Extending the home loan tenure by even a minimum of one year could bring more income for the banks, analysts say
BANKS will emerge the biggest winners from a proposed move to ease customers’ housing loan payments.
Banking analysts contacted yesterday said home financing is a major business for most major banks and extending the loan tenure [...]

Jul
11

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0

Banks to ease housing loan payment

Author: bicarajutawan | Category: Debt Management, Housing Loan, News

KUALA LUMPUR: Banks will soon be coming up with ways to help housing loan borrowers.
Second Finance Minister Tan Sri Nor Mohamed Yakcop said the banks welcomed the government’s suggestion that they restructure the payment plans to reduce the burden of borrowers.
Nor Mohamed said he had been informed by the banks that they would do so.
The [...]

Jan
10

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0

Get out of credit card debt

Author: bicarajutawan | Category: Credit Card, Debt Management, Personal Finance

To get a grip on your credit card debt, prioritize, rethink rewards and roll over debt with caution.
By Gerri Willis, CNN
NEW YORK (CNNMoney.com) — You’ve thought about it, dreamed about it… now you can do it. Be debt-free in 2008. Here’s how.
1: Get a grip
Americans were expected to charge more than $148 billion this holiday [...]