Need advice on repaying PTPTN loan, all ur News and Questions on PTPTN
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 Mar 4 2013, 09:55 AM
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#1
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Junior Member
117 posts Joined: Sep 2012 
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QUOTE(am33r @ Dec 30 2012, 10:49 AM) If RM9700 just pay cash la..borrow from parents or rich uncles/aunties first..no need to pay interest.. The interest is lower than inflation. I would recommend you extend this as far as possible. With these inflation rates, the time value for money favours the person that pays on time, not necessarily the person that pays the fastest. |
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Mar 4 2013, 09:55 AM
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#2
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Junior Member
117 posts Joined: Sep 2012
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QUOTE(am33r @ Dec 30 2012, 10:49 AM) If RM9700 just pay cash la..borrow from parents or rich uncles/aunties first..no need to pay interest.. The interest is lower than inflation. I would recommend you extend this as far as possible. With these inflation rates, the time value for money favours the person that pays on time, not necessarily the person that pays the fastest. |
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Jan 14 2015, 03:31 PM
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#3
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Junior Member
117 posts Joined: Sep 2012
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IT isn't out yet I think I'm also waiting.
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Dec 9 2018, 09:25 AM
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#4
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Junior Member
117 posts Joined: Sep 2012
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I really think you shouldn't use your EPF money to settle your loan. Best to just pay monthly because PTPTN is a 1% interest loan and you're giving up returns of an average of 6% for a 1% loan.
If your amount of loan remaining is small though, I would recommend taking the 20% and using a credit card interest free payment to double back and repay it all in the next 12 months. |
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