Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Do you think this is a smart move to clear a debt?, Someone I chatted with said it was

views
     
pisces88
post Jun 15 2025, 01:40 AM

Look at all my stars!!
*******
Senior Member
3,966 posts

Joined: Nov 2007


QUOTE(littledaus @ Jun 13 2025, 12:48 AM)
i had similar situations here too. with several credit card debt on my shoulder, it make me thinking to find one solution for all. few bank had contact me to give a solutions to take settlement loans. how i able to know its worthy or not?

current:
UOB cc: 15k ~ 1k/mth
CIMBcc: 5K 400/mth
Aeon: 10k 600/mth

with current expenses, there is a month that i had to use my cc.

i watch ramsey baby step, but i not able to understand correctly how its works. any thought?
*
without knowing the interest, hard to give accurate advice.. those amount is installment or minimum payment?
pisces88
post Jun 15 2025, 01:41 AM

Look at all my stars!!
*******
Senior Member
3,966 posts

Joined: Nov 2007


the key word is cashflow.

if he dont have enough every month to pay the 800, then yes he should take the loan. if he have surplus after deduct the 800, then dont need.

 

Change to:
| Lo-Fi Version
0.0129sec    0.55    6 queries    GZIP Disabled
Time is now: 28th November 2025 - 01:07 PM