Your EPF account isn't just a retirement fund: it can also be used to aid in debt management by helping you pay for your home loan, school tuition, or investments.
Salary’s spent, savings exhausted and the car loan payment is overdue again. Friends, family, and colleagues are equally short of cash and can’t lend you money – the panic sets in. “How am I going to survive the next 15 days with only RM50?”
Sometimes even after careful planning and meticulous preparation, disaster strikes. A sick family member, a sudden job loss or a car breakdown; they can happen when you least expect it. As a result, you miss a credit card payment, or two.
Having insufficient financial resources to tame your unrestrained financial spending can lead to some major consequences. Let's take a look at what exactly happens when you miss your credit card payments.
A national study has found that low-income households have little disposable income and consume less food, as the absolute income gap in Malaysia widens.
There are days when you need cash on the double and most (if not all) credit cards have this option. But before you run to your ATM; here are some things to think about.
(Article updated on 24 April 2024.) Even during regular days, credit card balance transfer programmes are a good […]
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