MOHAMAD CONSULTING SERVICES

SPECIALISING IN DEBT MANAGEMENT AND BUSINESS CONSULTANT

Topic: OVERDRAFT FACILITY - PLATFORM TO REDUCE INTEREST COST

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Forum Home > General Discussion > OVERDRAFT FACILITY - PLATFORM TO REDUCE INTEREST COST

Md Noor Salleh
Site Owner
Posts: 2

To all,

I would like to get opinion on how to reduce the cost of borrowing (i.e interest rate) by using overdraft (line of credit) facility.

08:28 AM on 10/07/2008 Flag Quote & Reply

Lin Baker
Member
Posts: 1

What is the interest rate for the OD cuurently.

04:52 AM on 10/27/2008 Flag Quote & Reply

Md Noor Salleh
Site Owner
Posts: 2

Dear members,

In order to reduce your housing loan, there are a few steps you need to do;

Step 1: Create a platform - your housing loan needs to be splited into two portions i.e overdarft and term loans.

Step 2: Ensure that your housing loan is daily rest.

After you have the above two steps completed then you are ready to reduce the cost of borowing.

 

 

12:58 PM on 12/06/2008 Flag Quote & Reply

Md Noor Salleh
Site Owner
Posts: 6

at 08:28AM on Oct 07, 2008

To all,

I would like to get opinion on how to reduce the cost of borrowing (i.e interest rate) by using overdraft (line of credit) facility.

Overdraft is used to reduce the cost of borrowing if you know how to use it effectively.

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06:00 AM on 01/03/2009 Flag Quote & Reply

Md Noor Salleh
Site Owner
Posts: 6

If anyone has ever use OPTIMONEY software before? Please share with us how the software can be used to help us to get out of debt.

01:02 PM on 02/09/2009 Flag Quote & Reply

Md Noor Salleh
Site Owner
Posts: 6

If anyone has ever use OPTIMONEY software before? Please share with us how the software can be used to help us to get out of debt.

01:02 PM on 02/09/2009 Flag Quote & Reply

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