How Cashliine Work??

[Nlatio]

Hi Folks, anyone know how the DBS Cashline work??

 

Let you you withdraw like 4k to 5k... then how much to pay back per month?? How long do we need to pay back the full amt??Is it same like a CC installment like that?? (principal sum of $5k + interest 4% divide by 12 mths).... ???

 

Was thinking whether to use this or use CC installation?? Which one better???

Edited August 24, 2011 by Nlatio

[Tarzan666]

bro. take cc interest free installment.

 

i got cashline frm dbs, thot useful can issue cheque. skali they charge interest i tink daily. i stun wen receive mthly statement.

[Takumi21]

u in wrong forum..

 

this forum ppl all too rich to use cashline..

 

 

except me..

[Nlatio]

bro. take cc interest free installment.

 

i got cashline frm dbs, thot useful can issue cheque. skali they charge interest i tink daily. i stun wen receive mthly statement.

 

Thank bro noted.

[Nlatio]

u in wrong forum..

 

this forum ppl all too rich to use cashline..

 

 

except me..

 

True also hor.... Here all RMC...... Cash, card or goldbar.......

 

..

[Mcf777]

where got 4% so cheap?

At least 15-17% per year.

 

as what bros had mentioned, try to search for those credit card that offer 6months instalment free interest.

[YellowFlash]

Hi Folks, anyone know how the DBS Cashline work??

 

Let you you withdraw like 4k to 5k... then how much to pay back per month?? How long do we need to pay back the full amt??Is it same like a CC installment like that?? (principal sum of $5k + interest 4% divide by 12 mths).... ???

 

Was thinking whether to use this or use CC installation?? Which one better???

 

Cashline is like a overdraft account, there is no fixed installment monthly, usually only a minimum payment monthly...if you have the money you can pay back all at a time if not you have to pay slowly. Interest for overdraft facilities definitely ain't going to be low. For lower interest look for those 0% balance transfer or use credit card for 0 interest installment plans.