QUOTE(zeese @ Jun 15 2009, 07:03 AM)
Your sis needs one year to clear her record as CCRIS keeps records of 12 months..
If you check/print your record on May, the CCRIS record shows report from may of prev year till apr of the current year. If you check the ccris record of August, the record shows a report from Aug of previous year till july of the current year.
Well, postphoning for one year may not be too long.. still sounds ok..
Yes, 1 year seems to be okay, but the loan is 30 years, and how many 10 years I have to bear this.
QUOTE(Ginola @ Jun 15 2009, 08:01 AM)
Go and apply MBSB bank ... 100% sure get ...coz they dont check CCRIS ...
Thanks for such a good information,
QUOTE(zeese @ Jun 15 2009, 11:23 AM)
That's what I heard also. MBSB don't check for CTOS and CCRIS.. but the interest is high.. Well.. nothing comes free..
If worst come to worst, I have no other option.
QUOTE(moopok @ Jun 15 2009, 11:55 AM)
go for freehold property with big developer. Bank doesn't care if u r bad pay master or not fully qualified for the loan. most important thing is the bank can take back ur property & sell it out easily. Incase u can pay
Yes, but I still need loan approval.
QUOTE(falcon867 @ Jun 15 2009, 11:53 PM)
in order to apply for a new loan you have to provide a satisfactory explanation to your bank as to the reason why you are defaulting the current loan with your sis.
beware that your sister's failure may not be satisfactory as the terms of any loan agreement is "joint and severally liable" that is all applicant are liable for the loan regardless of the parties arrangements.
if you fail then you might have to pledge Fixed deposit or apply from MBSB or Bank Rakyat. If you need assitance in applying from MBSB pm me
Thanks, I'll keep that in mind and currently looking for houses to buy.
Jun 15 2009, 12:39 AM, updated 17y ago
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