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 AKPK, debt issue, anyone got a question to ask them?

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post Jul 4 2013, 04:08 PM

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QUOTE(kwaiharn @ Jun 16 2013, 12:32 AM)
Hope someone here can help. If someone dies with debts (example: credit card and personal loan) and he/she has no asset, does the family member (spouse/children) need to bear the debts? Since unsecured loan like credit card and personal loan don have any guarantor or collateral..
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if not mistaken, some credit cards force people to take insurance so that if anything happen to you.. the insurance will auto pay off all your debt.
so based on this understanding, yes the family members need to continue pay the debt.
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post Jul 8 2013, 12:16 AM

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QUOTE(yuen1985 @ Jul 4 2013, 10:56 PM)
I think it's offered under islamic banking if not mistaken (please correct me if i m wrong  sweat.gif )
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Mine under citibank..

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