Low monthly installment from as low as rm133.33.
But is it as cheap as it suggest?
Assume you take the rm50,000 personal loan for 2 years.
Per month pay back payment is rm2583.33.
Or 30,999.96 per year.
Or 61,999.92 for two years.
Which means this loan will cost you 11,999.92 or a cool 24%!!!
How about 50,000.00 for 5 years?
Per month pay back payment is rm1,333.33.
Or 15999.96 per year.
Or 79,999.80 for five years.
Which means this loan will cost you 29,999.80 or a cool 60%!!!!
Good to be a banker, eh?
Still wanna test drive their loan for '30 days'???
oO