Sunday, October 18, 2009

Credits transfer

If anyone has already fallen prey to the scams I mentioned in my earlier post and raked up huge credit card debts, I know of a company which can help you get out of the mud without getting into bankruptcy.

If you pay minimum payment for your credit cards outstanding balance every month, it will take you a long time to clear it, if you ever will, that is. Do you realize that 50% of your minimum payment goes to the interest, processing charges and late charges. And also if you are late for more than 2 months and "appealed" to the banks, they will gladly let you settle only 1 month. Why? They can charge you for the amount of the other minimum payment as new charges, that is why. Many people didn't realize this, they only wonder why their outstanding balance does not seem to reduce even though after paying for so many months.

The company mentioned above will convert your outstanding amount into a hire purchase payment,then you only pay them by installments over a period of 3-4 years. The interests charged will be only half of what the banks charge you before, and it is fixed, unlike the banks which will add this and that charges. But you must approach this company before your credit card is suspended by the bank, otherwise they also cannot help you.Another condition is they only operate in Peninsular Malaysia.

If interested call my hand phone at 016-8333603.

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