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 MALAYSIAN under 30 face 60% surge BANKRUPTCY

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Ichibanichi
post Nov 25 2025, 09:02 AM

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The wording should rephrase to accumulated debt.
Initially I thought how someone can easily get loan by 1 shot up to 1Mil

Ichibanichi
post Nov 25 2025, 09:22 AM

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QUOTE(exclus1ve @ Nov 25 2025, 09:10 AM)
Just go the muflis page at fb.
You will be suprised by how they manage their finance.
BPNL, cars, personal loans, credit cards and housing loans. All in one.
And most of them is goverment servant. Some earning 5k a month but servicing 4k debts monthly. I even saw a guy post there proudly he purposely don't pay his PL for 7 years. Now bank can't do shit about it.
God knows how they manage to do it.
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The damm statement is the debt occur by the personnel who is under 30yo.



Ichibanichi
post Nov 25 2025, 09:31 AM

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QUOTE(ozak @ Nov 25 2025, 09:26 AM)
At what salary range the bank can loan a million to you?
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I'm not a banker nor a loan officer.
Maybe I can put my house with bank value 1.1mil as collateral and they will waive my income earned criteria.

However I have a doubt that the bank won't loan me up to 1mil even with collateral.

 

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