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 i got 1 million of debt, what shall i do?, debt& financial planning

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sirxl
post Jan 23 2015, 04:18 PM

On my way
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Senior Member
583 posts

Joined: Dec 2004


QUOTE(adele123 @ Jan 21 2015, 04:09 PM)
Rates at 3.13% is usually only available when the BANK calls the customer, and not the other way. Though at 3.13% p.a. flat interest, effective interest is still about 5-6%, depending on the tenure.

i'm not saying it's good to take P.Loan but if the TS indeed took one at 3.13%, well NOT all P.Loan has THAT crazy interest.
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high net worth individuals can usually get a good rate from the banks.

 

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