Createwealth8888: One of my relatives almost went bankrupt due to heavily into this share loan financing by pledging existing shares as collateral in order to make borrowings to maximise the potential of investments during Asain Financial Crisis.
Hong Leong Finance offers 1.5% interest rate
By CARINE LEE
Hong Leong Finance on Monday announced that for a limited period, customers who take up Express Share Loan for a three-month tenure with a minimum of $10,000 loan will enjoy a special interest rate of 1.5 per cent.
Hong Leong Finance offers 1.5% interest rate to celebrate its golden jubilee
Express Share Loan is a short-term secured credit facility which allows customers to pledge existing shares as collateral in order to make borrowings to maximise the potential of investments.
This offer is extended in conjunction with the finance company's golden jubilee, where its customer service staff will don three-piece gold coloured jacket suits in place of grey uniforms.
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