Crap drivers are guilty until proven otherwise. There is simply no human right for u.

Riding on mycar for the 1st time and I feel that my life is at risk right now. No phone holder, brake already ngek ngek ngek sound yet still drive like fast & furious.

Now i know that why these people drive mycar instead of crap.

4.9

Haha just wanna to test mah.

#KnowYourCompetitor

If i am not mistaken that gate also close after 8pm.

I became waterfish when i was still new. Extra long distance in, empty car out. Rugi like hell.

This post has been edited by S3phiroth: Aug 12 2018, 12:01 AM

I dont think they will go such extreme for the moment. Maybe just further tune down the priority to get job if not on AA.

This new line of biz has about 170% of effective annual interest rate. CrapAhLong, indeed.

Just wonder will my house kena red paint if i stop driving and no money to pay back?

Just switch off waze before u press the navigation arrow again. It usually works if u try 1-3 times.

If it doesnt, that means waze has problems and nothing u can do about it.

Go learn some math, kiddo.

or at least learn some basic concept how bank or ahlong fool u with misleading number.

This post has been edited by S3phiroth: Aug 12 2018, 11:03 PM

Money itself has time value. Rm1 today has different value than rm1 yesterday. Therefore u also need to know the frequency of repayment and compounded period to know the actual interest rate u paid for the loan.

Simple interest rate is just a misleading number to hide the actual cost of your loan. Who is going to borrow the money if the crap ahlong tells u that your loan interest is 170% per annum.




CrapAhLong also mislead u with such a short loan period (6weeks). Imagine if CrapAhLong lengthen the loan period to 52 weeks with same interest rate calculation and daily repayment, how much is your total repayment at the end of the period? It is rm951. Now u can feel the heat.

This post has been edited by S3phiroth: Aug 13 2018, 01:37 AM

Too young too naive.

Bank sure loves him.

Why real interest rate is so important?

Let me ask u (especially young people) one question:

U have 2 choices to borrow rm10000 from:-

1. Crap Ah Long who charge u current 1% interest rate per week, daily repayment and payback period of 365 days.

2. Credit card cash advance with standard 5% cash advance fee and interest rate of 18% per annum. For sake of comparison, u will pay off the loan in 365 days with daily repayment schedule too.

Now tell me, which option will u take? why?

p/s: Rich or rich-wannabe need not to learn. Just let other poor people make some money out of u.
p/p/s: if u r young and yet to commit in huge sum of loan, not rich or not rich-wannabe, then u better not to think in layman way of interest rate mindset. Learn how it works and i guarantee u will save hundreds if not tens of thousand of interest for your entire life.

This post has been edited by S3phiroth: Aug 13 2018, 11:59 AM

Mcb one of my klia sweet spot just gone.

I dont know how to give a simpler example if they cant grasp the concept of time value of money after so many examples since the dicussion begun.

I speechless when ahboy said 'the amount we pay are the same total in the end'. So i think i just pass and let u guys take over.

Months ago, there were 2 sweet spots:

1. Certain Sepang area. Rm65 for 15-20km to klia.
2. Certain Puchong area. Rm65 for ~30km to klia.

:'(

I gtg now. To be continued tonight...

Klia is never short of drivers queuing despite the fare and airport bonus is getting lower and lower. Many drivers still willing to kill for a job from/to klia, which also means crap still has room to further reduce the klia fare/bonus.

Dont be surprise if crap reduces the kv fare from rm65 to rm50 and zero bonus for kepong/batu cave-klia job.

This post has been edited by S3phiroth: Aug 13 2018, 02:56 PM

U know...u can now rent a camp/sleeping bag at lakeside for small amount of money.

Basically u can eat, drink, shit and sleep there without needs to go home.

1st, I wish to clarify that I am not an actuary or financial planner. I am just an sceptical oldman who loves to study things on my own rather than listen to what a professional tells me. So correct me if I am wrong, i'll be happy to learn something new.

1) Based on the original rm600 principal and 42days of RM15.15 daily repayment, i already worked out that the real interest rate is 172% [Calculation here]. The interest rate will remain unchanged if i just change the principal and loan period. Think about it, the interest rate of your bank loan is not going to change if u borrow different sum of money or choose a different loan period, isnt it? The only changes are the total interest and the installment amount. Of course unless CrapAhLong says they give u better rate if u borrow more money or choose a longer loan period then it is a different story.

So in this case, the effective rate for CrapAhLong is still 172% per annum on daily rest basis.

2) 1st correction, if u withdraw 10k using credit card, the ATM will still give u 10k, not 9.5k. However, a 5% of cash advance fee will be charge instantly, which also means your starting principal is rm10.5k.

Since CrapAhLong doesnt need u to pay a cash advance fee, it is difficult to find out which one has better offer because u cant compare apple to apple despite u know that credit card charge u 18% per annum.

So how to turn the 2nd case into apple? Simple, consider that your principal is 10.5k. If i plug the relevant number into the calculator [Calculation here], I get RM31.2 as a daily repayment amount.

Now change the principle back to 10k and change the interest rate a few times (trial and error) until u get the same RM31.2 as daily repayment amount [Calculation here]. Now u turned the orange into apple successfully (because u have removed the cash advance fee as a variable) which allow u to do a direct comparison.

So in this case, the effective rate for credit card cash advance is 30.5% per annum on daily rest basis.

Now u guys can see for obvious how CrapAhLong makes a windfall profit out of u.

Oklah i rest my case here. I already gone too far and i apologize for hijacking the topic.

This post has been edited by S3phiroth: Aug 13 2018, 09:37 PM

I have sent total 3 emails to request for an update of new crap mesra card since weeks ago. The reply i got was it will be updated in 3-5 working days but nothing is done till now.

I guess crapallstar is just a scam program.