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Wealth Awakening

3 Vampire Tactics of Taiwan's Finance Companies: Legal Bloodsuckers Worse Than Loan Sharks

Taiwan's finance companies disguise high-interest loans as product installment plans, targeting credit-poor borrowers with effective APRs often exceeding 30%. This guide exposes their predatory playbook — the car-for-cash scam, phone loans, medical-aesthetic financing, and course loans — and gives you a three-step escape plan to break free.

2026.06.22 11 min

Wealth Awakening

Why Credit Newbies Who Avoid Cards Lose NT$1M on Their First Mortgage

Think proudly swiping only cash is the safest money habit? The brutal truth is that a blank credit record labels you as high-risk the moment you walk into a bank for a mortgage. Lower loan-to-value ratios, punitive rates, and an extra NT$1M in interest on a single NT$12M home loan await. This article breaks down the three traps every credit newbie falls into and shows you five ironclad rules to push your credit score above 800 in a year.

2026.06.22 10 min