QUOTE(Unknown50211 @ Jun 23 2016, 09:14 PM)
Hi All,
I just received my monthly "Instalment/Interest/Principal Due Notice" statement.
I noticed the Interest Rate has increased 0.1% for this month. Which is also 0.1% increase from what I sign up for. Last month was still OK.
Is this expected? The interest rate will fluctuate?
Anyone experience the same?
Thanks!
should be related to thisI just received my monthly "Instalment/Interest/Principal Due Notice" statement.
I noticed the Interest Rate has increased 0.1% for this month. Which is also 0.1% increase from what I sign up for. Last month was still OK.
Is this expected? The interest rate will fluctuate?
Anyone experience the same?
Thanks!
http://www.thestar.com.my/business/busines...it-a-few-banks/
QUOTE
CIMB Bank has raised its base rate by 10 basis points (bps) to 4.1% effective June 9, 2016.