Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
5 Pages < 1 2 3 4 5 >Bottom

Outline · [ Standard ] · Linear+

 Should I make a personal loan?, only 10K for 5 years?

views
     
TSsyusham431
post Jan 25 2023, 01:15 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(Virlution @ Jan 25 2023, 01:02 PM)
janji pay back with interest. make a fixed plan and stick to it, no problem la
*
Have to make black and white paper I guess to make it seems I'm serious to payback the money right? hmm.gif hmm.gif sweat.gif
moiskyrie
post Jan 25 2023, 01:15 PM

Look at all my stars!!
*******
Senior Member
3,217 posts

Joined: Dec 2006
From: City of Neko~~Nyaa~
No..
Don't follow my footstep...
Lu gonna regret....
WaCKy-Angel
post Jan 25 2023, 01:15 PM

PeACe~~
*********
All Stars
21,963 posts

Joined: Dec 2004
From: KL
Oh btw pls do keep some money to buy insurance for ur baby.
gx_azam
post Jan 25 2023, 01:16 PM

New Member
*
Junior Member
22 posts

Joined: Apr 2009
Bro no. Dont. Plus opr will increase later so personal loan will also affected. Have you consider side job?
TSsyusham431
post Jan 25 2023, 01:16 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(ijan @ Jan 25 2023, 01:04 PM)
you nk buat PL for maternity ke? Pergi private facility give birth ke....
*
Not planned to but its better to prepare for what's coming right?? sweat.gif sweat.gif
TSsyusham431
post Jan 25 2023, 01:17 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(WaCKy-Angel @ Jan 25 2023, 01:13 PM)
Go ahead then if u think the rate is ok.
If u asking should u or not take loan, i can tell u 9 1/2 out of 10 will tell u dont.
But i'd say its fine if u think its worth if and u can afford it.
*
Good advise man, thanks, will think it through more hmm.gif hmm.gif hmm.gif
DupeIkan
post Jan 25 2023, 01:17 PM

Getting Started
**
Junior Member
172 posts

Joined: Nov 2022
QUOTE(syusham431 @ Jan 25 2023, 12:03 PM)
Solutions?? parents money?? confused.gif  confused.gif
*
QUOTE(hustlerism @ Jan 25 2023, 12:04 PM)
Loan with parent is the better solution
*
QUOTE(knight_hawk @ Jan 25 2023, 12:07 PM)
Pama best, but must pay back.
*
QUOTE(sykz @ Jan 25 2023, 12:19 PM)
Loan with parents with no or lower interest. Put in black & white.

Don't be ashame, I did that when I need DP for property. 30% not 10% dp. Lotsa cash for me back then. Paid back all no interest though but all good.
*
QUOTE(syusham431 @ Jan 25 2023, 12:51 PM)
A man in his 30's married made a loan with parents??  sweat.gif  sweat.gif
*
Parents better
ask 5K from ur parents and hers each
SUSSihambodoh
post Jan 25 2023, 01:18 PM

Casual
***
Junior Member
436 posts

Joined: Dec 2021
QUOTE(syusham431 @ Jan 25 2023, 12:53 PM)
Joint loan with my wife, plus we got savings in the asb account  sweat.gif  sweat.gif
*
Instead of taking a loan, you should use the money in ASB. After all, once you earned back that 10k, you can easily put back into ASB. The issue is not just the interest rate but more of habits. If you keep taking loans to solve issues, you are going to be forever with loans. Cultivate the habit of not taking debt.

QUOTE(syusham431 @ Jan 25 2023, 01:01 PM)
Thanks man...first positive advise I hear for today, thanks  notworthy.gif  notworthy.gif
*
Beware, positive doesn't mean good.

TSsyusham431
post Jan 25 2023, 01:19 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(WaCKy-Angel @ Jan 25 2023, 01:14 PM)
Ppl assume if u taking loan, u will continue to spend even more coz u know u can always take another loan if u not enough money.
In the end probably need to sell harta or AKPK to settle
*
Now that sounds scary sweat.gif Thanks for the nightmare, hoping for the best out of this loan, If lets say I take this loan, can I settel it in one go if I have the money in the future to paid off?? Based on your own experience lah.. hmm.gif hmm.gif
TSsyusham431
post Jan 25 2023, 01:20 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(moiskyrie @ Jan 25 2023, 01:15 PM)
No..
Don't follow my footstep...
Lu gonna regret....
*
What happen in your case?? Do tell if possible, need clarification if can tell hmm.gif hmm.gif
TSsyusham431
post Jan 25 2023, 01:20 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(WaCKy-Angel @ Jan 25 2023, 01:15 PM)
Oh btw pls do keep some money to buy insurance for ur baby.
*
Thats what Im planning to do with the loan actually.. sweat.gif
TSsyusham431
post Jan 25 2023, 01:21 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(gx_azam @ Jan 25 2023, 01:16 PM)
Bro no. Dont. Plus opr will increase later so personal loan will also affected. Have you consider side job?
*
yup, have other investments in place, if succesful maybe can paid off in one go this loan, hopeful for the best.. sweat.gif sweat.gif
TSsyusham431
post Jan 25 2023, 01:26 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(DupeIkan @ Jan 25 2023, 01:17 PM)
Parents better
ask 5K from ur parents and hers each
*
FYI, My wife is not very giving if its about Money.. sweat.gif not an options.. sweat.gif
TSsyusham431
post Jan 25 2023, 01:28 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(Sihambodoh @ Jan 25 2023, 01:18 PM)
Instead of taking a loan, you should use the money in ASB. After all, once you earned back that 10k, you can easily put back into ASB. The issue is not just the interest rate but more of habits. If you keep taking loans to solve issues, you are going to be forever with loans. Cultivate the habit of not taking debt.
Beware, positive doesn't mean good.
*
Yaa, THIS, want to do this but wife protest do not take money from ASB, soo juz follow wife lah...dont want to fight over money with wife, thats a nightmare I would like to avoid.. sweat.gif
sykz
post Jan 25 2023, 01:31 PM

Casual
***
Junior Member
346 posts

Joined: May 2005
QUOTE(syusham431 @ Jan 25 2023, 01:51 PM)
A man in his 30's married made a loan with parents??  :sweat:  :sweat:
*
Why no? As long pay back nothinng to be ashame off!

QUOTE(syusham431 @ Jan 25 2023, 02:00 PM)
We are expecting, me and my wife, so the money is to get by for the baby to come.
*
My fam got two new babies. One in private cost 9k+ for natural delivery and another one in government hospital (Selayang) under 200 for C-section.

Options and choices.
ixaRA
post Jan 25 2023, 01:33 PM

Getting Started
**
Junior Member
91 posts

Joined: Sep 2013
Better borrow from parents.
gashout
post Jan 25 2023, 01:33 PM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
people here have no problem taking credit card and be on a 18% interest debt,

and house loan and car loan for 35 years and 9 years. with your house interest end up around same price as your house.

but have problems with people taking personal loan of 10k for 5 years? where the interest will only be 1k+.

enlighten me, everyone.

rule 1: if you can pay back, no problem taking it. it's called personal loan.

don't ask for family help too much, it gets ugly when matters do bad. and you owe them forever.

This post has been edited by gashout: Jan 25 2023, 01:34 PM
moiskyrie
post Jan 25 2023, 01:33 PM

Look at all my stars!!
*******
Senior Member
3,217 posts

Joined: Dec 2006
From: City of Neko~~Nyaa~
QUOTE(syusham431 @ Jan 25 2023, 01:20 PM)
Thats what Im planning to do with the loan actually.. sweat.gif
*
Get PL to settle CC....
But when opr increase...
Back to square 1....
Now become need pay more....
TSsyusham431
post Jan 25 2023, 01:34 PM

Casual
***
Junior Member
348 posts

Joined: Apr 2019
QUOTE(sykz @ Jan 25 2023, 01:31 PM)
Why no? As long pay back nothinng to be ashame off!
My fam got two new babies. One in private cost 9k+ for natural delivery and another one in government hospital (Selayang) under 200 for C-section.

Options and choices.
*
True, of course will choose the cheapest one if possible want to reduce cost lah, hmm.gif This loan is not for me, its for whats coming for the baby...thats all..
WaCKy-Angel
post Jan 25 2023, 01:34 PM

PeACe~~
*********
All Stars
21,963 posts

Joined: Dec 2004
From: KL
QUOTE(Sihambodoh @ Jan 25 2023, 01:18 PM)
Instead of taking a loan, you should use the money in ASB. After all, once you earned back that 10k, you can easily put back into ASB. The issue is not just the interest rate but more of habits. If you keep taking loans to solve issues, you are going to be forever with loans. Cultivate the habit of not taking debt.
Beware, positive doesn't mean good.
*
Good suggestion. Idk how ASB loan works but i heard its lile 0% interest or very low.
If its very easy to get/apply back the loan then it is the best choice.

QUOTE(syusham431 @ Jan 25 2023, 01:19 PM)
Now that sounds scary  sweat.gif Thanks for the nightmare, hoping for the best out of this loan, If lets say I take this loan, can I settel it in one go if I have the money in the future to paid off?? Based on your own experience lah.. hmm.gif  hmm.gif
*
10K is small matter for me LOL.

QUOTE(syusham431 @ Jan 25 2023, 01:20 PM)
Thats what Im planning to do with the loan actually.. sweat.gif
*
Dood why do u need 10K to buy insurance wei?
« Next Oldest · Serious Kopitiam · Next Newest »
 

5 Pages < 1 2 3 4 5 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
 0.0184sec    0.39    5 queries    GZIP Disabled
Time is now: 17th December 2025 - 01:51 AM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.