how come the amount is so big? i tot it is 3%???

i am still a student, n just get an approval from ptptn. i guess now they have become more strict. there are statements that state, if we din pay for the loan, they got the right :
-minus from EPF
-to request us to pay more for tax
-direct minus our salary from employer
(and we need to sign these agreement)
*if i am not mistaken

This post has been edited by calistachan: Jan 12 2008, 09:03 AM

so the interest rate will follow the rate that we agreed when we signed the agreement, rite ? for example, 2 years later, when i need to repay my loan, the current interest is 4% now, so i just stick to 3% as agreed in the agreement, am i rite?

yaya....no more such rule.....every1 hafto pay back when they got da loan.