Bill 2025 yesterday, which is aimed at abolishing the flat rate and the Rule of 78 method for fixed-rate hire purchase loans, ...
is—it’s effectively a percentage of an amount over a year. If your savings account earns you a 0.05% interest per year (which is a REALLY terrible interest rate, honestly), you earn $5 in interest for ...
The Dewan Rakyat today passed the Hire Purchase (Amendment) Bill 2025, aimed at abolishing the flat rate and the Rule of 78 ...
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