Articles & guides
Guides, tips, and plain-English explainers about the Android apps we publish — written to be practical and easy to follow.
How Stretching the Tenure Changes What a Loan Really Costs
Lengthening a loan lowers the instalment and raises the total interest, because you are borrowing the same money for longer. On RM30,000 at…
Flat Rate or Effective Rate: Why the Same Number Means Two Prices
A flat rate charges interest on the full original amount for the entire tenure, while an effective rate charges only what you still owe, so…
Is Debt Consolidation Really Cheaper? Compare Your Old Debts With the New Loan
Consolidation is cheaper only when the total payments still left on your old debts are larger than the total payments on the new loan…
How to Get Out of a Loan Guarantee, and What to Check Before You Sign
There are only four realistic ways out of a loan guarantee: the borrower settles the loan in full, the lender agrees to release you or to…
What "No Hidden Charges" Really Means on a Malaysian Loan
A claim of no hidden charges means only that the charges are disclosed somewhere, not that there are none, because a fee printed in an…
What Happens to a Guarantor When the Borrower Stops Paying
When the borrower stops paying, the lender chases the borrower, recalls the whole facility, demands payment from the guarantor, then sues…
Insurance Attached to a Malaysian Loan: Can You Decline It?
Insurance bundled with a Malaysian personal loan is usually credit life cover whose single premium is financed into the facility, so you…
Loan Guarantor or Joint Applicant: What Each One Actually Takes On
A guarantor promises to pay someone else's loan if that person does not, while a joint applicant borrows the money alongside them and owes…
Stamp Duty and Processing Fees on a Malaysian Personal Loan
Stamp duty on a Malaysian loan instrument is ad valorem, commonly stated as RM5 for every RM1,000 borrowed, and it sits alongside a…
The In-Game Bank in Lagos Life: How Saving and Bonds Work, and When They Are Worth It
The bank in Lagos Life is storage first and income much later: at 0.5% a week, 10,000 in-game naira becomes 10,201.50 after four weeks, so…
How to Pick a Starter Job in Lagos Life and Read the Wage per Shift
Judge a Lagos Life starter job on four numbers, not one: wage per shift, shifts you can work in a week, travel cost per shift, and any…
Planning Your First Week in Lagos Life So You Do Not Run Out of In-Game Money
Plan week one in Lagos Life as a subtraction: list the fixed weekly outgo first (rent, the start loan repayment, food), then multiply the…