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 Lowest rate for personal loan

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backspace66
post Jun 6 2008, 09:11 PM

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QUOTE(ttwangsa @ Jun 6 2008, 02:41 PM)
1% per month = 12% per year.
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12% per year on reducing balance calculation,not flat rate like the other banks are using.
this 12% reducing balance rate,assuming you are paying the same amount monthly,u will get approx. 6.5% to 7.2% p.a flat rate dependent on the duration of the loan.
backspace66
post Jun 7 2008, 02:41 PM

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QUOTE(Felice821 @ Jun 7 2008, 01:56 AM)
RHB had revised their interested rate, so is not the lowest in the market anymore.
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is it?i have go to through their website,and there is no indication of the revised interest rate.maybe they haven't updated their website?

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