| Forum Home > General Discussion > OVERDRAFT FACILITY - PLATFORM TO REDUCE INTEREST COST | ||
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![]() 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. | |
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![]() Lin Baker Member Posts: 1 |
What is the interest rate for the OD cuurently. | |
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![]() 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.
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![]() Md Noor Salleh Site Owner Posts: 6 |
Overdraft is used to reduce the cost of borrowing if you know how to use it effectively. | |
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![]() 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. | |
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![]() 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. | |
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