Hubby and I went to see a friend of his this afternoon. He wanted to introduce a new skim which can help to consolidate credit card debts and help the credit card holders to pay off the debt faster at lower interest rate. I have written tonnes of reviews on debt management, but it’s the first time I know about something as concrete as the skim. Besides this skim, you can apply for another one from Bank Negara, but it’s very complicated. This new skim is easier, as long as you are willing to take your time to listen to the explanation and make a trip to the office for settlement.

I found that a lot of my friends might be interested to get the skim since it’s really going to help them to save up a lot in repaying the same amount of debt. I am willing to learn more about this and tell my friends about it. I guess there are a lot of credit card holders who are unaware about it and still think that they can save up with balance transfer.