How a Debt Consolidation Loan Works for You

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(The following is a paid infomercial)
MORE Over the past few years, I’m sure you’ve heard your family, friends, coworkers, and even random passers-by express their displeasure with the rising cost of living and the difficulty of joining the two. ends.
Not to mention the constant reminders to “save for a rainy day” and “don’t spend unnecessarily”.
With the cost of living steadily rising and wages rising only marginally, if at all (for some), it’s not uncommon to hear complaints about being inundated with credit card bills. credit, loan repayments, vehicle maintenance costs and residential maintenance.
The once famous slogan used in a cookie advertisement: “Now you see it, now you don’t see it”, unfortunately no longer applies to cookies, but to our wages!
Many now believe that they will no longer be able to afford a car or a house, let alone a vacation abroad, while others are constantly wondering how to meet their monthly payments due to the high interest rates and often fluctuating.
To help you in your journey towards financial security for you and your loved ones, Hong Leong Bank offers you the possibility of taking out its debt consolidation loan.
This option allows you to consolidate all your unpaid debts and thus quickly regain control of your finances.
For example, if you owe RM 8,500 and RM 6,500 respectively on two credit cards, plus an outstanding personal loan of RM 10,000, you can consolidate those three separate debts and pay them off via a $ 25 debt consolidation loan. 000 RM from Hong Leong Bank (see chart).
You save up to 2% per year in effective interest rates.
You also have the option of choosing longer loan terms to reduce the amount of monthly loan payments to a more manageable level.
So if you are a Malaysian citizen between the ages of 21 and 60, with a minimum income of RM24,000 per year and trying to find a way to pay your bills and live a more comfortable life, it might not be. be not the case. wrong to take a look at what Hong Leong Bank has to offer.
Visit www.hlb.com.my/plc to learn more, or stop by any branch of Hong Leong Bank.


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