How to manage my Credit Cards!

We are bombarded daily with many credit card promotions & various easy bank loans. Some have graduated with unsettled student loans before even before getting their first pay check.

However, few really keep track of how much they owe or really understand the terms & conditions surrounding those debts. Thus many

• Cannot seem to get out from credit card debts when they only repay the minimum RM 50 per month.
• Are shocked by the larger monthly mortgage installment when the bank interest rate is raised.

The failure to settle debts on time ultimately creates mental stress when dealing with the

• Calls and letters from banks to repossess & auction your vehicle / property.
• Possibility of becoming bankrupt.
• Or in more severe cases, harassment by illegal money lenders.