Settling personal loan early?
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 Nov 20 2021, 04:00 PM
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All Stars
21,963 posts Joined: Dec 2004 From: KL   
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QUOTE(lee82gx @ Nov 19 2021, 02:40 PM) you are saying the loan interest is less than ASB dividend rate? ok WOW. Take more loan then, park it in ASB. What a great time to be alive (for you). Print money. Thats why "those of them" that are smart would take loan and dump into ASB, especially loan from ASB iinm lower than bank to no interest iinm. its really a no brainer. |
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Nov 20 2021, 06:20 PM
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Senior Member
3,117 posts Joined: Jul 2005 From: Penang 
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QUOTE(WaCKy-Angel @ Nov 20 2021, 04:00 PM) Thats why "those of them" that are smart would take loan and dump into ASB, especially loan from ASB iinm lower than bank to no interest iinm. afaik, we are the only country in the world offering something like this. I know of even more elaborate schemes than you mention, and just slightly more risky but a lot more rewarding.its really a no brainer. |
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