Guys, my car hire purchase interest rate is 4.1% (yes, sangat tinggi).
I still have 6 yrs left to finish it, is it advisable to make full settlement by using a personal loan, where the rate is lower?

hi,

if already have 1 existing PL with Alliance, can we apply another one?

Never heard before of PL cheaper rate than hire purchase. Where you got this info ?

Anyone knows if I'm borrowing PL for 6k for a year, will it affects if I'm planning to buy a house within this 1 year?

3.8% from Bank Rakyat.

how many years for 3.8%?

4-20 yrs

3.8% is for government servant or GLC only, if im not mistaken.

Yes, u are rite. 3.8% for government servant or selected company only.

how about the payout?
normally payout is not 100%.
so dont think it worth it..because let say the payout of 40k loan is only 38k++ or 39k..so it will actually push the rate to 4.1 something.. more or less like ts hp.

citibank just offer me 3.6% per annum for personal loan....should i take>

wow.. yes.. should take.. got contact? i am interested too

I want it too..share some contact can ar?? tq

Hye guys,

Need some advice regarding PL application and requirements..

Im working at a Legal Firm in KL and it is my first job since i graduated. Ive been confirmed as a permanent employee there just after 2months probation and have been working there for 5months. Meaning that I got latest 3months salary slip, Letter of Offer for Employment, Letter of Confirmation on Permanent Employment, statement of bank's account where i bank-in my salary and also EPF statement of account.

So, in my mind, i believed that i've all the documents and are in order for me to apply for PL and so I'd tried AmBank, Standard Chartered, UOB, RHB and HSBC. All rejected except for one, AmBank. They did called my office and talked to my boss for confirmation, but unfortunately after a week, my application also got rejected by them.

The rejection is because my name is not in the CCRIS since i have no loan (car, housing, PL etc) under my name. So then I applied for CC (Public Bank CC and Credit Limit is RM8000), which i received on May. .

So mid-June, I'd received the CC statement which states my usage is RM900+ and Ive made payment (RM500) which is more than the minimum limit (RM100), before the due date, 21st of June..

My question is, is it possible for me to apply for PL again even after just a month Ive used it AND even Ive not settled all RM900+??? or do i need to wait for another several more months? Im in kind of need the loan urgently and im going for the maximum loan amount that i can get.

Any suggestion which bank is suitable for me to apply with my current condition as stated above?. As long as the interest rate is 10% and below, Im ready to apply.


Thank you.

The reject your application due to ccris less than 1 year, bcoz nowdays most of the bank minimum requirement would be 1 year ccris record. As for what bank doesn't request min 1 year ccris record, u have to find it yourself
*As long u pay for your minimum payment before due date, they wont be any late payment showing at ccris. But of course there is outstanding amount, as long your total card limit vs total outstanding doesnt more than 60% should be fine.

This post has been edited by Ken_HP: Jun 30 2013, 01:12 PM

People without commitments are the most difficult to obtain loan/ card etc, plus without income document, worse, how you get money to pay for your card?

Bro. Share contact leh.

i always pay on time and no outstanding balance...so that is why...lol

Just don`t go to ah long...my uncle trap into hell forever i think

Seek HELP from ==>> http://www.akpk.org.my/ Call them, Make Appointment ..