rightcoastconservative

Don't know whether this is true or not, JPJ (Jabatan Pengangkutan Jalanraya) have recently unveiled a set of new charges for traffic offenders. As a Malaysian with proper financial planning, sometimes we simply cannot ignore those "saman" issued by JPJ for various offences. It can eat into our money. By carefully study the charges being imposed by JPJ, we can estimate the amount associated with various traffic offences for proper "saman" planning. Traffic Summon Charges Price quoted below are nett without further discount, bargaining are subject to price increase without further notice. Speeding :   Exceeding 1 - 20km/h = $130   + 4 Demerit  Points.  Exceeding 21 - 30km/h = $150 + 6 Demerit Points.  Exceeding  31 - 40km/h = $180 + 8 Demerit Points.  Exceeding 41 - 50km/h = $200 +  12 Demerit Points + Court.  Exceeding 51 - 60km/h = $200 + 18 Demerit Points + Court.  Exceeding 61km/h = $200 + 24 Demerit Points + C...

Like it or not, Bank Negara Malaysia announced that effective 1 Jan 2012, financial institutions must make appropriate enquiries into a prospective borrower's income after statutory eductions for tax and EPF, and consider all debt obligations , in assessing affordability. Aimed at promoting prudent, responsible and transparent retail financing practices, the new guidelines require financial institutions to make assessments of a borrower's ability to afford financing facilities based on a prudent debt service ratio as inputs to their credit decisions. On top of that, a new guideline was stipulated that the maximum tenure for vehicle financing should not exceed 9 years , with immediate effect (18 November 2011). Right now, there are only 2 banks which offers vehicle financing up to 11 years, and less than 2% of car buyers now opted for tenures beyond 9 years. The changes was neglect-able. Are you an Informed Borrower? The guidelines additionally hope to ensure that consumers are...