Berita Media - Faedah Kad Kredit Bukan Lagi
18 Tapi 19.7 Peratus Setahun
Itulah hakikat sebenarnya interest kad kredit yang kita
gunakan, bukannya 18% setahun lagi tetapi adalah 19.7% setahun
kerana semua bagi hutang kad kredit yang kita tidak bayar akan
dikenakan daily interest basis. Rujuk kepada artikel di
bawah.
Credit card debts as of October 2007 alone stood at
RM21.6bil, with non-payment of credit card loans amounting to
RM591mil, or at an NPL ratio of 2.7%.
While AKPK chief executive Mohamed Akwal Sultan says this
figure is not alarming, CAP does not encourage the use of
credit cards.
Rajen Devadason, a Certified Financial Planner (CFP), says
banks are going all out to market credit cards because the
interest rate banks are allowed to charge is the highest among
conventional loans.
For instance, when a person is charged 1.5% a month
on an unpaid credit card balance, the nominal rate he pays is
18% per annum, but because the interest is charged on a daily
compounding basis, his true rate or his APR (annualised
percentage rate) is 19.7%.
“Most people don’t realise that at the 19.7% APR that
represents the true cost of most credit card debt, it takes
just under four years for a person’s unpaid borrowings to
double in size through snowballing interest,” said Devadason,
citing a study carried out in the United States many years ago
that suggested people tend to spend 17% more on any particular
shopping trip if they were paying with plastic rather than cold
hard cash.
"Most people don’t realise that at the
19.7% APR that represents the true cost of most credit card
debt, it takes just under four years for a person’s unpaid
borrowings to double in size" « RAJEN
DEVADASON
Hati - hati dengan faedah kad kredit yang tinggi dan kiraan
daily interest secara "compounding" yang lambat laun menjerat
sistem pengurusan kewangan anda. Tukarkan hutang kad kredit
anda yang sedia ada kepada Plan 0% Interest dan tiada lagi
faedah kad kredit yang tinggi.
Petikan di ceduk dari The Star Online -
http://thestar.com.my/news/story.asp?file=/2008/1/27/focus/20129856&sec=focus .
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