hey anyone,

Is it a good move to consolidate my debt ? currently I am always prompt in paying the debt.

Early settlement ASB Loan =RM 5,177.77
Credit Card = RM3,800
Early settlement Personal loan =RM 7,572.62

Thinking of getting a 20K personal loan for 5 years and cancelling my CC.Current Debt Service Ratio is around 37%.

If i proceed with this,the Current Debt Service Ratio is down to 28%

*(FIXED loan repayment (monthly) / net monthly income ) * 100

This post has been edited by Xefron: Jul 24 2013, 12:36 PM