QUOTE(davidman82 @ Apr 1 2011, 09:58 AM)
Based on feedback from my sources in BNM, the income is based on Form J/JA as issued by the IRB BNM New Rulings on CC, No more card to card approve
BNM New Rulings on CC, No more card to card approve
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Apr 4 2011, 06:59 AM
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Apr 5 2011, 08:18 AM
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Sep 27 2011, 03:33 PM
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QUOTE(normanliew @ Sep 27 2011, 12:09 PM) so now..... if say i am now not doing anything..... no income ..have to return the cards? To my understanding, all cardholders have a year to clear off whatever balance on cancellation. However, wheather that's interest free or otherwise, got no idea 2. if say i willl cancel all the cc, how about the balance on my balance transfer installments? can i do a bt before canceling...then how? The banks are now starting the implementation of this requirement and we expect enforcement to pick up come end of Oct onwards. So be prepare for CL to be slashed and/or cards cancelled etc. |
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