It is crucial to pay attention to the borrowing jargons as it helps you understand how you pay up your loans. (Image; Financial Express) When taking a loan, understanding the interest calculation ...

Most financial institutions offer reducing-balance loans for housing. Under this method, interest is computed based on the outstanding principal following each repayment. With the escalating real ...

PETALING JAYA: The newly passed Hire Purchase (Amendment) Bill 2025 which will overhaul how interest is calculated for fixed-rate car loans, marks a major reform in consumer credit, say economists.