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> Buying Car procedure?

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ZeneticX
post Jun 15 2018, 09:01 PM

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From: KL - Cardiff - Subang - Sydney



One thing for new car buyers to take note, especially those applying loan through SA, make sure to clarify with your SA how they gonna apply for your loan

Some SA actually submit your application to a few banks at once, this will not be a good record on your credit rating and score

This post has been edited by ZeneticX: Jun 15 2018, 09:01 PM
ZeneticX
post Jul 10 2018, 03:02 PM

stars for what
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From: KL - Cardiff - Subang - Sydney



QUOTE(vvip @ Jul 10 2018, 09:59 AM)
Is it OK if just bank in booking fee to the showroom? Since done by bank in, no official receipt given to me...
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If no receipt at least ask for the VSO from your SA
ZeneticX
post Jul 13 2018, 10:12 AM

stars for what
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QUOTE(xeon1989 @ Jul 13 2018, 05:27 AM)
Want to know also.
Submit application to a few banks at once will affect rating one? why?
In this case if I want to compare interest rate will gg lor?
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there used to be a link to an article but i can't seem to find it right now

but basically, if you apply loan to a few banks at once, its an indicator of someone desperate for money as banks will need to "pull" your record from CCRIS, every request from the bank will impact your score
ZeneticX
post Jul 14 2018, 03:06 PM

stars for what
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From: KL - Cardiff - Subang - Sydney



QUOTE(xeon1989 @ Jul 14 2018, 05:06 AM)
ok, didn't expect this.
Maybe I can also confirm with my agent.
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instead of asking your sales agent maybe asking someone from the banking side would be better, like your loan agent if you planning to apply yourself

 

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