Thread: How much you owe your Credit Card?

How much is your outstanding balance in your credit card(S)?
How long you been owing these Ah Long(S)?

oh.. i just owe them a very little onli mah... it about few thousand pennies for a few years lioa...

haha..freelancer...u like to joke...

normally i settle my balance end of the month...i dun wan they charges me... Credit Card is just like legal "along"..cannot owe them much one..will kill ur self if u owe a lot

Originally Posted by calvynlee

haha..freelancer...u like to joke...

I wasn't joking at all... these licensed blood sucking vampire ahlong have been sucking the life out of my wallet for a few year liao.

They earn quite a handsome of passive money by charging the interest rate. Don't be fooled by interest 15% per annum but if you calculate it properly over a year period with interest added back to the balance... it will be around 30% per annum.... no joke on money matter lar...

as an advice for those new to credit card world... don't just simply swipe your card else the card company swipe your @$$ clean.... or even better, just don't swipe it at all....

Credit card is the most profitable "loan" give by banks .. that's why they push credit cards to anyone remotely qualified!!

I think I do have a few hundred that I need to pay for my credit card this month

Never seen or talk to any Ah Long b4 ... except for their promotional flyers and stickers

well.. i do had 1K +.

just swipe in case of emergency or special case.

but not to buying any latest gadget.. hehe

I have stop swipping my cc for more than a year now. not even for petrol nor bills. they have suck enough money from me in terms of interest so, enough is enough.
but having a cc as backup for emergency is always good

ya... i also stop using all my cc and pay cash for everything even petrol... better still i've cut all the cc into pieces and only leave one for emergency matters...

If you still owe money, do the balance transfer. There are zero percent for 12months by AFFIN Bank.

If can, don't use is better.

If no choice to keep one, keep the AFFIN bank because the rate is 9.99% per annum.

We are talking about legalised ah long, they can put you in bankruptcy. Strip you naked without needs to stretch a muscle.

I used to apply for a few CC just for the sake of their free gift during application. after a year just cancel it off, though some may offer a few years or no annual fee at all.
yeah, maybe I'll start collecting free gift from CC now... lol

Originally Posted by pixens

We are talking about legalised ah long, they can put you in bankruptcy. Strip you naked without needs to stretch a muscle.

thanks god tat they r legalised along... all they can do is make u bankrupt.. if those unlicensed one... sure they will strip your wife naked instead of make u a bankcrupt...

actuall if your debt is less than 30k no need to wory...they can't make u bankrtupt either... they can't do anything accept keep harrasing u with lawyer letter and calls...

Originally Posted by robot

I used to apply for a few CC just for the sake of their free gift during application. after a year just cancel it off, though some may offer a few years or no annual fee at all.
yeah, maybe I'll start collecting free gift from CC now... lol

Sometime I bought into the sweet talk of those young and pretty promoters

Yeah. It's always never alright to owe on a 18.5% every year.

some people just like to live owing money.
I know a few person in my life who like to live like that
can't help it