no epf can apply pl?
i'm running own business.

hi there
would like to ask if i take personal loan lets say 20k and after 1 month i pay back full settlement.
can i do this?

wanna ask one question.. if my basic is 1k, and my permanent allowance is 1k.. can i make personal loan??

My friend's experience (I was asking him because I was looking to borrow):-

Approved PL from HLBB. 20K for 5 years 7.5% p.a (reducing balance). He is a sole proprietor but in business for 5 years. Income is RM6500 per month (this is his average income according to the banker but his collection is about 15-20K) and has one housing loan of RM380K which he is paying about RM2K per month. A car which he is paying about RM800 per month. He has credit card debt of about RM15K which he pays 1-2K per month. He said he used the PL to pay the credit card as the interest rate was lower. He said the installment is RM460 but he pays RM1K every month.

This post has been edited by cynthusc: Mar 6 2014, 05:12 PM

Apply personal loan before must have above 1 year commitment and no delay payment every month...

For self employed wise.
u can use your company bank statement or income tax to proof your income.

YES & NO

Some bank do have lock down period, which means u only can settle after a period of time. Some bank doesn't.

Hello, can we, who work as engineer with registered to Board of Engineers Malaysia, apply personal loan at government rate?

Those who are bank rakyat or bank islam officers, please give some opinions on this.

Thank you....

Sup guys..need recommendation on which bank would be the best to take a pl from..thinking of making a 25k pl for 5 yrs..current salary at 2.3k with no commitment(no car, house or watever) working in private sector..

This post has been edited by caesarleonhart: Mar 8 2014, 03:00 AM

Currently Al Rajhi Bank is offering Young Graduates Programme for personal financing. Nill CCRIS record (no payment record) can apply. Salary 2k-3.5k eligible to apply.

wow is that true happening now ??

no need any ccris report ??

Yeap. Promo started already. This is only for young graduates with no ccris record or with ccris less than 1 year record.
For selected companies only and you must be a Degree holder.
PM me for more details. TQ

Hi..I want to apply personal loan..But the problem is I'm not employed or self-employed because I'm Forex trader..as of now, i only have 1 commitment which is my housing loan with public bank (4 years 270k) without any late payment..no credit card and CCRIS and CTOS both clear..i earn 6k-8k per month..is there any way for me to apply for personal loan? My friend suggests that i should have a company and transfer my earnings every month to the company bank accounts..Thanx..

Hi guyz, today alliance call me to inform the salary required for personal loan has increased to rm3k per month and advise me to apply for fast cash.

From what alliance told me, its better to take fast cash because of low interest rate, 5.99% p.a .What do you guys think ?

Btw, is it possible to apply loan from multiple bank in one time because Im pretty sure the amount alliance offer is not enough

wrong

For islamic loan = minimum is 3k income

For conventional loan = minimum is 2k income

both package still under the same rate 8.88% p.a

Thanks for the info ken
How about fast cash vs PL? From what i see, fast cash is better because lower interest rate . Btw, i plan to pay back within 2 or 3 years

depents on how much u wan to loan, if small amount 3-5k should be ok.
Bcoz fast cash we offer based on your approve card limit, maximum 80%.
Lets say bank approve u 5k limit, u only can convert 4k cash.

but for p.loan, bank offer based on your nett income x4 - x 7.

Dear all sifus,

I am newbie here.
Just to ask, where is the best to apply PL/top up loan if :

Basic @ RM900
Commission earner.
Gross monthly @ RM3800 and above.

1 bank rakyat PL on hand (20k)
1 credit card (aeon - limit @ 4k)
aeon express (5k)

Bank rakyat dah 3 years bayar balik.

Aeon, both dh above 1 year bayar balik.

No house loan / car loan.

Bank rakyat did not accept due to low basic. (Previous application with them was another salary scheme, high basic / with same company).

Need to use money, urgent.
Please help.

Thanks.
MH

Dear All,

Can I borrow Personal Loan amount up to 25,000 from any bank base on the criteria below:

Salary : 4250 (Gross)
Commitment : 1080 (Housing Loan)
Credit Card : Limit 18,000 (Outstanding less than 3,000)

I wish to take only up to 36months tenure.

Please advise which bank do offer this package. Thank you.

I'm looking to financing up to 20-30k for the shortfall of my son's education fund.
Loan tenure less than 5 years. What is your best advice?
=))

Salary $3700
Commitment $1500/month
Credit limit $12000

P/S: m a government servant

This post has been edited by @secret@: Mar 24 2014, 10:18 AM