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van to pay online debts

AT a banana leaf restaurant off Jalan Klang Lama, the waiter points to a man concentrating on his laptop. “He’s gambling now,” he says. “He sold his car and a van to pay debts he piled up after only three months of online gambling.” The story is a common one. With Wi-Fi technology allowing any gambler with a laptop to place bets any time or place, online racketeers appear to be one step ahead of anti-gambling laws.

Malay Mail’s investigations into the extent of online gambling revealed property dealers, civil servants and wives of the wealthy who all gamble online. A Malay Mail reporter visited two virtual casinos over the weekend with two regulars who tried their luck with RM20,000 and RM10,000 each. Both lost.

Both had opened an account each at Internet gambling websites in Cambodia and Vietnam after paying a deposit of about RM5,000 with their credit cards. The operators of the online casinos, mostly abroad, appoint agents in Malaysia. The local collectors go to their homes to collect cash and distribute winnings. In other cases, gamblers would, from their personal computers, use credit cards to set up prepaid gambling accounts with those Internet sites. In the course of the betting, losses would be deducted from the pre-paid account, and wins would be added to it.

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Sells His Car, Van Pay Online Debts

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How To Get Car Refinance Loan

Reason For Auto Loan Refinancing

Our cars are, in the majority, financed through a dealership or other lender. Rarely do we get to pay cash for the auto. An auto loan is usually the only option open to us. Rather than take out a new auto loan with a lender when you buy a new car, refinancing your auto loan now, while interest rates are attractive and there are many good lenders out there who are prepared to be competitive, is quite possibly the best move you will make this year.

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Refinancing your auto loan mean taking your car to another lender, who takes on the loan that you have against the auto. So if you want to save money and feel that you are paying too much for your auto, get online and refinance your auto loan as soon as possible.

Tips For Lowing Your Monthly Car Payments

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Car Refinance Loan

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