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 Personal Loan, which banks offer the best deal?

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SUSMNet
post Jul 29 2007, 08:18 PM

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if the bank fixed rate is 10% p.a on RM 10k loan for 5 yrs
it mean this:
1.interest is calculate base on the loan amount?which is the amount of interest for 1st/2nd/3r/4th/5t years is fixed on RM 1000 p.a.Borrower end up paying RM 15K?

am i correct?

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