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Personal Financial Management V3, It's all about managing your $$$
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nevland
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Apr 1 2015, 08:23 AM
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QUOTE(T231H @ Mar 29 2015, 12:01 PM)  at times there is NO buffer or "negative buffer" yet the bank approves it... a friend of mine income RM 8000 pm minus EPF, PCB tax, Socso net about RM 6000 pm recently bank loan approves RM 4000 per month loan installment....  .... to add some thought....he is a bread winner with a wife and 2 kids.... just wondering what is the loan approval criteria? I think the bank consider EPF account 2 as income also, because you can withdraw it monthly to pay your housing loan...
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