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 BNM New Rulings on CC, No more card to card approve

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ebackbone
post Nov 16 2011, 10:57 AM

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only affects those under rm36k per annum salary only:

- limit max 2 principal cards
- max 2 x monthly salary credit limit

those who currently have more than 2 principal cards will be forced to settle the rest of the chosen cards till have 2 left only. max is 24 months to clear the amount owed on the other cards. those who can't clear, can say hello to bankruptcy filling.

1 malaysia, rakyat didahulukan, pencapaian diutamakan tongue.gif
ebackbone
post Nov 17 2011, 10:25 AM

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QUOTE(alpha33 @ Nov 16 2011, 10:30 PM)
hm.....
if i have two cards limit which add up to be more than my 2 x salary,
can i terminate one card, but having one card which limit is higher than my 2x salary?
*
max is 2 cards with each card max 2x of your salary if you are under rm36k salary bracket. you can't have any one card that is higher than 2x salary.

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