Jul 26 2009, 11:08 AM
QUOTE(Seng_Kiat @ Jul 26 2009, 12:03 PM)
Hi guys,
Let start a discussion about apply for personal loan to pay cc debt. Is it a good move if we apply for personal loan (interest rate about 6% p.a) to pay off credit card debt (1.5% p.m = 18% p.a)?
from my point of view, it is a good move, we save about 12% p.a. am I correct?
You are wrong!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! lets email me and i will explain to you...lonelymyth@hotmail.comLet start a discussion about apply for personal loan to pay cc debt. Is it a good move if we apply for personal loan (interest rate about 6% p.a) to pay off credit card debt (1.5% p.m = 18% p.a)?
from my point of view, it is a good move, we save about 12% p.a. am I correct?
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