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Credit Card Installment for Personal Loan buying cabinet

Personal Loan vs Credit Card installment

Today most of the bank such as Citibank, Maybank, Public Bank, RHB Bank, and other oversea bank such as OCBC bank, Hong Leong Bank, JP Morgan, The Bank of Nova Scotia, Standard Chartered Bank all have many credit facilities offer to public. The main offers are personal loan and credit card.

A personal loan, known as an “installment debt” means you receive a large sum of money which you will then pay back in fixed monthly payments. With a lower interest rate than a credit card, personal loans are best used for long-term expenses or larger expenses. It is not true to say that because you have a poor credit history, you will automatically be declined when applying for a personal loan.

Depending on the size (largely financial clout) of the lending institutions, interest rates on various loans have a large range and is dependent on several factors which is based on the borrower’s personal situation.

A credit card is also known as “revolving debt”, you have a pre-determined credit limit set by your financial institution. At the end of every month, you will be required to pay a minimum on the expenses charged to that card (usually 1% to 5%) once that is done, you are free to continue spending on that card.

Most of the bank today offer you to buy any item as long as the credit in your credit card is sufficient, then from there you can change to monthly payment to installment scheme, such as 12 months or 36 months, depend on the seller. Most of the bank now offer zero interest on such facilities, in Maybank this is call EzyPay.

In MintLivin.com we offer maybank monthly installment for products more than RM2,000. That’s the reason our customer Nancy bought her custom made cabinet last month.

CONSIDERATION

When you need to borrow, you might consider a credit card or a personal loan. Credit cards are ideal for short-term expenses that you can pay off in a month, while personal loans are best used for long-term expenses, financing a big purchase or consolidating multiple debts.

Your decision to use a credit card or personal loan will depend on your credit score, how much you want to borrow and how long you have to repay it.

Use a credit card only for purchases that you’ll be able to pay off by the due date, this is very important to remember. Credit cards and personal loans can be used as tools to roll multiple debts into a single payment. If you can pay off your debt relatively quickly and your credit is good enough, a balance transfer credit card may be the best choice. This type of credit card lets you move high-interest debt to a card with a 0% introductory interest rate.

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RM2,626 ONLY Kitchen Cabinet Door – Ms Wong from Muara Tuang

Before Installing Cabinet Door

Below are the pictures we have taken before install the kitchen cabinet door for our customer, she already have the concrete stove installed, only need to built door beneath her concrete stove to make it look nice.

Left side is the space for her cooker hob
Right side reserved for her kitchen sink

With the overall dimension as 2381 mm x 2210 mm, we only manage to design her kitchen cabinet to look similliar like drawing below. She preferred to have a drawer system just beneath her kitchen cooker, while we need reserved 900 mm drawer for her. In such a case, both side of her drawer will not bigger than 400 mm.

cement top kitchen cabinet drawing

 

Installing Drawer System

Because the cement top basically is totally empty inside, in order to built a functional drawer system inside, we need to custom built a “Box” to install all the drawer slide and drawer cabinet. That’s the reason we will need to install the “Box” before install the rest of the door:

installing drawer system for cement top kitchen cabinet

 

Install the rest of the Swing Doors

After installed the drawer system, we installed the frame for the whole cement top, this was because we to make all the door to be perfectly straight, and try the minimize the change of getting uneven gap between each doors.

After installing the frame, then we started to install the rest of the swing door. All the swing doors are bundled with G-Handle, this is most common and modern type of handle nowadays for all the kitchen cabinet, it is an aluminum handle install above the door.

The finished work are:

cement top cabinet with perfect door and drawer system

As you can see, our workmanship making all the doors and drawer perfectly aligned, not only because we installed extra frame inside, we also installed extra 60mm Seal Board on both side of the cement. These seal board required extra workmanship to trim its size, so that they can “lean” perfectly on the cement (because cement can’t be perfectly 100% straight).

This is the front shot of the kitchen cabinet, you can have better understanding of seal board by looking the picture below:

front view of the kitchen cabinet with seal board

 

Our propose design 3D Render versus the Real kitchen cabinet

Our customer satisfied with our job, what we designed and propose matched what she expected. Thank you Ms Bong for trusting us and give us the chance to built her kitchen cabinet, with her budget of RM2,626.

3d render vs actual of the kitchen cabinet we design

We design and built your Kitchen Cabinet with your budget, visit us now to know more. Or email us enquiry@mintlivin.com.my to have more information