Just received a memo from bankers that hire purchase loan (car - TopicsExpress



          

Just received a memo from bankers that hire purchase loan (car loan) period will be reduced maximum to 7 years and downpayment 20% required for all new cars effective from September 2013. If you have friends or relatives who would like to purchase a new car, please advise them to make the loan submission by this month, August. Please share this information with your friend and relatives. Thank you. The bankers in other hand are now try to reduce the risk of chain reaction experienced by U.S previously. As the construction industry also make a rapid progress but unable to curb the high price of property ownership, bankers are now having anxiety on te ability of people to do repayment.
Posted on: Tue, 20 Aug 2013 06:41:12 +0000

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