Why is 9 year old loan bad?
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 Jan 10 2025, 02:13 AM
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#1
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Senior Member
6,356 posts Joined: Jan 2003 
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QUOTE(AthrunIJ @ Jan 9 2025, 07:32 PM) All about cash flow breh If you have cash in hand, then it’s cash flow for taking 9 years loan. If you can’t afford the installment for a 5 year loan, so you stretch it to a 9 year loan to “afford” it, it’s not cash flow. You memang insufficient cash so nothing will flow. Buy something cheaper so got leftover cash. Nobody cares you drive a Civic or an Axia except your MLM/agent down line. cempedaklife, tifosi, and 2 others liked this post
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Feb 13 2025, 03:20 PM
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#2
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6,356 posts Joined: Jan 2003
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QUOTE(shyan90's @ Feb 13 2025, 11:48 AM) I take loan because I want more cash flow. When I did not have much money. I took 5 years loan with 35% down. You take loan cause you cant afford. Kita Xsama. For me I will take 7 years loan with 30% or more down-payment. Now? I take 9 years loan with 0% down. I can get higher return with the cash yet remain liquid (e.g. ASM), no reason to pay cash. Can I afford to pay cash? Yes. But why would I? cempedaklife, Quazacolt, and 2 others liked this post
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Feb 13 2025, 04:13 PM
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#3
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Senior Member
6,356 posts Joined: Jan 2003
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QUOTE(Nanti Sekejap @ Feb 13 2025, 03:53 PM) sure bo? Until insurance pays out. Correct la need to continue servicing the loan. And if you under insure.. you gg lor Quazacolt liked this post
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