QUOTE(setheo @ May 30 2008, 09:31 AM)
If your friend's case is really serious, try to :
1. Get loan from bank to settle or do a balance transfer. Survey around; i think balance transfer can be quite attractive too. That will save him a little.
2. Consolidate all your credit cards; meaning, don't keep so many cards in your wallet. 1 or 2 will do. 3 max.
3. Try to pay by cash instead of by card.
4. There is one organization that helps us to manage our debt. I can't remember the name though. Appear on tv recently.
All the best to your friend. By the way, avoid the SHARK (Ah Long).
can try to arrange appointment with bank collection and check their debt recovery plans. if not may ask your friend to contact http://www.akpk.org.my/Help/DebtManagement...91/Default.aspx. they can offer some credit restructuring advice with the licenced banks. good luck.1. Get loan from bank to settle or do a balance transfer. Survey around; i think balance transfer can be quite attractive too. That will save him a little.
2. Consolidate all your credit cards; meaning, don't keep so many cards in your wallet. 1 or 2 will do. 3 max.
3. Try to pay by cash instead of by card.
4. There is one organization that helps us to manage our debt. I can't remember the name though. Appear on tv recently.
All the best to your friend. By the way, avoid the SHARK (Ah Long).
May 30 2008, 09:59 AM

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