Quote:
Originally Posted by yydick
then i kenal kong liau
my bx said usd 2000 every month interest is s$200 already....
how stupid am i!!!!!!
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u are actually not stupid....
if borrow from loan sharks,the interest rate is usually 15%-30%.
and there are some who even request the interest to be paid daily.
very rare cases to get 10% interest unless u really know the other party well or the loan amount is very big and u give something as colletoral. e.g house,land,motor bike etc.