Getting the keys to your first property is a pretty big deal, no matter how old you are. For many people, owning a first property like a house is one of the most critical milestones in adulthood. Part of this is because moving into your own property is linked to goals like getting married, having…

Debt can be a handy financial tool, be it in the form of credit cards or loans. This tool helps you get things that you’d typically be unable to afford to pay for with cash like a home, your dream car, or an entertainment system. Even though you get to enjoy these things immediately, you’ll…

Credit cards are a very convenient form of credit that helps you pay for things quickly. When an issuer gives you that credit card with your name on it, you’ll be able to use it to pay for almost anything straight away. Utility bills, new stuff at the mall, online shopping, dining, and so much…

No matter how responsible you are with your finances, you’ll sometimes find that your regular income just isn’t enough for some things. Expensive payments like major home repairs and sudden medical treatments might require you to use credit to pay for them. Credit cards might seem like a good idea for things like this, but…

Starting your own business can be a significant life decision, especially if you’re a first-time entrepreneur chasing your dreams. It’s a decision that involves many great challenges, and one of the biggest ones is securing the money you need to get that business off the ground. Some rely on borrowing from friends and family, while…

It can be very upsetting to see a late payment showing up on your credit report. Your payment history makes up 45% of your credit score, so a late loan payment will negatively impact your score. Examples of loan payments that you should not miss are monthly car payments, PTPTN study loan, housing loan and…

Unless you’re really making big money or own a business, a home loan is likely to be the largest loan you’ll ever take in your lifetime. The tenure is often several decades and you’ll usually be borrowing a few hundred thousand ringgit in one go. With such a heavy commitment, it stands to reason that…