|
|
Bank |
JL |
|
Minimum Payment |
RM10,000 x 5% = RM500 |
RM10,000 / 36 = RM277.78 RM277.78 x 5% = RM13.89 RM50 or 5% |
|
|
RM50 or RM499 Bank officer will keep calling |
RM50 No call from bank officer |
|
Interest Charges after min payment |
RM10,000 – RM500 = RM9500 x 1.5% = RM142.5 |
RM277.78 – RM50 = RM227.78 x 1.5% = RM3.42 |
|
Late Charges |
RM10,000 x 1% = RM100 |
RM277.78 x 1% = RM2.78 (RM10) |
|
Statement Balance |
Statement record outstanding balance RM10,000 |
Statement record outstanding balance RM277.78 monthly |
|
Repayment Period |
89 months to settle all outstanding |
36 months to settle all outstanding |
Benefits of restructure
1.5% )
7. 100% approval *
8. Collect points
9. Allow transfer from one bank to another bank or to the bank itself
* 100% Approval is subjects to the credit card is active or temporary block only
* Not applicable for those credit card is Permanent Block and Cancelled
