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Lowest rate for personal loan
backspace66
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Jun 6 2008, 09:11 PM
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QUOTE(ttwangsa @ Jun 6 2008, 02:41 PM) 1% per month = 12% per year. 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.
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backspace66
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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. 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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