49% installments are lighter with the CardCutter program practice.
In June 2018 yesterday, the practice succeeded in associating Ferdi's debt (not his real name) which contacted in April 2018. Ferdi has 3 (three) credit cards in 3 (three) different banks. At that time, Ferdi's loan repayment condition was still stable with the bill not yet in arrears at all, with an accumulative monthly installment of Rp.2,350,000 on average.
But Ferdi wanted to close his credit card debt for two reasons. First, Ferdi felt that while using a credit card, he would constantly have endless bills. Second, Ferdi wants to start avoiding usury. Ferdi chose to cooperate with practice because he wanted to immediately complete a credit card loan that was owned at once.
Finally, Ferdi followed the latest program of practice, CardCutter, with a total repayment of IDR 22,000,000.
CardCutter is a program that allows clients to practice consolidating several credit card / KTA debts, in other words being replaced by one new debt. This program is a collaborative program between practice and KoinWorks, a well-known peer to peer lending company in Indonesia.
After participating in the CardCutter program, Ferdi received a 2-year tenor with a monthly bill of Rp1,200,000 (including interest at 1% per month). Not only succeeded in closing 3 credit cards owned, Ferdi also managed to get repayments with a lot of interest and much less bills.
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