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Showing posts from November, 2008

Heart Attack Grill Burgers

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HOUSING LOAN SCAM by EPF

This is another method for KWSP to steal our money! Remember during Budget 2008 announcement last yr, our Finance Minister (cum PM) announced that in order to assist KWSP members to reduce the burden in housing loan repayment, KWSP will allow monthly withdrawal from members' A/C II for the purpose? Sounds like a nice bag of goodies! When you apply for the monthly withdrawal, you only need to provide KWSP yr housing loan & instalment details from yr bank and the bank a/c # you like KWSP to bank the monthly withdrawal into it. KWSP will approve yr application based on the available amt in yr A/C II and compute the withdrawal period by dividing the approved amt with the monthly instalment amt. Application process takes about a month and you will receive the monthly payout promptly into yr bank a/c! Well everything appear to be nice and good. It was indeed a noble plan until you take to close look at yr KWSP Statement! The withdrawal plan is actually a SCAM! This is how the KWSP SC

Do Not eat Pringles - No more chips !

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