Hong Leong Bank's New Personal Loans

Low monthly installment from as low as rm133.33.

But is it as cheap as it suggest?

Assume you take the rm50,000 personal loan for 2 years.

Per month pay back payment is rm2583.33.

Or 30,999.96 per year.

Or 61,999.92 for two years.

Which means this loan will cost you 11,999.92 or a cool 24%!!!

How about 50,000.00 for 5 years?

Per month pay back payment is rm1,333.33.

Or 15999.96 per year.

Or 79,999.80 for five years.

Which means this loan will cost you 29,999.80 or a cool 60%!!!!

Good to be a banker, eh?

Still wanna test drive their loan for '30 days'???

oO