Blog Post

Unfortunately, with the current economic downturn, we are expecting to see more people turning to moneylenders for short term loans. Below are the advice for people who turn to moneylenders to carefully consider the following before approaching any moneylenders: 1. The compounded interest rates mean that borrowers could end up paying more than 10 times […]

Yes, you are right. Bank create money out of thin air. How do they do it? What does a bank does? A bank accept it deposits from a customer and hold it money, if all banks hold it money and do nothing about it, there won’t be any profit. What normally a bank do it […]