Usage of Credit Card Affects You

Most people (including me) like using credit card because one can pay later (upon payment due) and you get to collect reward points for gift redemption later. As long as one makes payment promptly before the due date, no issue whatsoever.

However, it's a different story now! Be very careful with your credit card spending, as it will affect your credit eligibility when applying for a loan! All spending is now linked real-time (or almost real-time) to CCRIS and they will appear as OUTSTANDING in your CCRIS report even though the amount is not due for payment yet! Most banks have implemented this already. In the past only late (overdue) payment appeared as outstanding.

In other words, as and when you buy anything with your credit card, it will appear as amount outstanding in your credit report and will therefore become part of your commitment as well.

Personally i don't think this is fair but Bank Negara obviously think otherwise, in order to clamp down on credit card debts.

Fix your loan interest rate for LIFE!

Are you concerned about rising interest rates and therefore risk of not able to repay your monthly installment? Why not lock in your loan interest rates at fixed rate for life?

Currently the best offer is 4.80% fixed. Take advantage of this historical low rate now. Free yourself from further surprises and stabilize your cash flow.

Special Ultra Low Rate Loan Package

Good news! I can offer you the following limited time only special home loan offer at ultra-low interest rate at BLR-2.45%, with only 3 year lock-in.

1st 3 Years: Fixed at 4.38%;

Thereafter: BLR-2.45%

Minimum loan amount only RM300k!

If interested, please email me at mortgagebroker.my@gmail.com.

The bad news is the offer expires 12th April 2012. So hurry as response is overwhelming!

Terms and conditions apply.

Bank Mortgage FAQ

This is a common question I'm being asked...As a Mortgage Broker, can we offer the best package in town?

The answer is certainly YES! As far as the banks are concerned, we are also helping them to secure more deals, with minimal costs, so you can be assured that you can get the best deal, provided you meet the bank's criteria as always.

As at now, the best mortgage lending rate we can offer is up to BLR-2.5%. Terms and conditions apply.