Hi all, its been 1day i am not updating this blog too busy with my real life JOBS!!..So, the latest story i want to highlight is Licensed money lender.. or we called it Ah-Long.
Nowadays, world economy goes down and thousand people lost their jobs so the trouble will come. U got no job, got no money to run ur normal life; To skip this matters there's always a chances. To have Money on that particular time, we can get it from Bank, or any other Licensed money lender company; this is one of the solution -- Personal Loan/Shark Loan!!
Bank : Required full details before approved any loan application.
Licensed Money Lender : Normally 99.9% Approved by their owned personal view. (Thats why u can get money as fast as 60mins !!!)
But when u think wisely then u will figure some of the fact like; percentage of their interest is MUCH HIGHER than normal rate, The processing charges IS MUCH HIGHER Than normal Proffesional Bank charges , their will hold your bank card until u cleared ur bills with them! And when it come to no payment from borrower, u might be in big TROUBLE!
I told u this Loan shark ppl are much cruel!
Loan Shark Victim : Paul Whitehouse, aged 21, He had borrowed £800 from Walker, who then claimed he owed him £2,000 because of interest charges.
In Malaysia -Normally, the loan shark will not take any legal action to their borrowers, they will use their own rule!! Thats the only problem that u must think first before signing any agreement with them, u must planned everything well before joining them, when its come to trouble let say u failed to pay back their money, u will be in big danger.
I am not 100% told that this licensed money lender totally gangsters! Well, u also need to think for a while, they come helping u to go up, and u must pay what they service has been given to u, then the problem will not happen when everything goes right. am i correct?
The only thing i really hate this loan shark, their interest is tooooo much higher, some of them using gangster service to threaten borrower whos not attend to pay their service on time.
I heard on radio news also this afternoon, told that Licensed Money Lender is one of the top SILENT KILLER!.. so, be careful when u deal with them, lets everything goes black and white and not BLood.....
We got RULE.. am i rite?