Term Loans

In Malaysia, term loans and flexi loans are two common types of personal loans, each with its own set of features and benefits. Let's compare them: Term Loans: 1. Fixed Loan Amount: In a term loan, you borrow a fixed amount of money upfront. This amount is determined when you apply for the loan. 2. Fixed Repayment Schedule: Term loans typically come with a fixed repayment schedule. This means you'll...

Home loans in Malaysia categorized into three main types 1. Term Loans: These are the most common type of home loans in Malaysia. With a term loan, you borrow a specific amount of money and repay it over a fixed period, usually up to 35 years. Your monthly payments typically include both the principal amount and interest. 2. Flexi Loans: Flexi loans offer more flexibility in terms of repayment. You can...