how if i apply lesser loan for about 15? any chance for it to get approved?

Hi,

Let say my salary able to grant me for 50k PL.

I know it not wise to get a loan just to cover your old debt but due some reason I need to reduce my monthly payment.

I have a CC which the outstanding is 0 but have two balance conversion. I never had problem with overdue payment for CC before and previously few time manage to settle my others CC and close the CC. Now only left one CC.

I also have a hire purchase which on November I have 2 month outstanding but manage to clear it and no overdue payment since then.

I also have a PL from al-rajhi and do not have any overdue.

Will I be able to get approval for the 50K PL? I know I have a bad record due to the 2 month outstanding.

If let say 50k approved (which I tend to do 10 year repayment; monthly around RM625), will I have problem later when I want to get home loan?

please advice.

any personal loan banker here? Lookng for RM10k at 2 years. Which bank has the lowest interest rate compared to credit card?

Able to get PL to clear CC?

Hmm, just politely say "I'm not interested" then ok jor.

They will keep calling la, but not until the same person/bank for like 2-3 times a week.

More like month end, year end they will start calling.

basically i wanna clear my personal credit card which is active and have got about 7k pending and clear my RHB credit card repayment scheme which is 4k and have about 10k for my personal use.

Any bankers around. do ping me please... need ur expertise

working in sg can apply al-rahji pl?

yes... but different person, same bank... citibank is the worst...

mostly i ask them, if your bank giv me free interest PL den im ok.. else.. jus fxxk off...

next time when they call...
ask them to pass the call to their supervisor@manager@team leader@who ever in higher position...
threaten them that you will bring your biz to another bank if they still keep disturbing you...

anyway most telemarketer nowdays are from 3rd party company...not from the bank itself..
so you can also send an email/call directly to the bank and make an complaint about their telemarketer

p/s:
remember to write down the name of the person who call you...and also the time and date

Now that's rare la. Same bank with different banker calling you.
Mostly also I kena Many banks, but mostly only 1 time call.

But then again, I don't gives threat like that to them la. Next maybe I just ignore the call. Or I will email the banks to complain straight.

For sure will problem with home loan until settle your existing loan.

hi..looking for personal loan to start small bussiness..looking for bout 10k.but my prob is i never own cc and my salary didnt deduct epf too.my income average is 3k.no car loan no home loan yet.applied with easyrhb last week but rejected bcos under score.anyone can help me getting my pl.thanks!

Go to apply cc first then when that approve can come to apply again

your cc overdue amount already exceed credit limit, your only chance is to clear your cc debt. If not, u cant get any ploan from bank. Bcoz your scoring already way too low due to your overdue, consider high risk customer. jz my 2cent

what is d meaning of "The actual rate charged will be calculated on a monthly reducing balance basis".

but why ppl can get pl approved to pay off theirs cc debt

everything depents on bank & client scoring and risk. such as, ccris record, cc limit usage, job sector, job position & etc. some bank can offer high amount even client having high debt or overdue amount. * just from what i know *

Hi want to ask u guys,

I've been working for 5 years, but for present employer only 4 months (changed to a new company on Sept 2011). I dont have any credit card or car loan. Does this will affect my chances to have PL?

Yes it does effect as your employment is new

The most "Basic Criteria" to apply for a personal loan is :

Customer must have a Credit Card, Personal Loan, Car Loan or Housing Loan records more than 1 year. (So the underwriter are able to justify your payment record as personal loan is a non-collateral loan)

As of such, you must have at least a CC usage more than 1 year for their justification.

2. As for your employment, it doesn't affect your scoring much. Just attached together your New Employment Letter and also include your previous working experience (Which i believe in the application form, you are required to fill up your previous employment if your current employment is lesser than 6 months)

Hope this helps you.

Thank you.

hi to all bros and sis,

i have a collegue (chef) who intend to take a loan of rm 3.5k from maybank. he had ALREADY MEET ALL BUT ONE condition, which is, he need to submit his EA form (in which the bank officer asked for that form). He claim that he had lost his ea forms. Since he had worked at my hotel for about 7 months, he had yet to receive the form from the HR.

Now, his question is, can he replace the EA form with KWSP/ EPF?
If not, are there any other altenative ways to replace EA form?
He need the loan urgently.

Ps: If i'm not mistaken, EA form is some kind of personal income statement from the company, right?
what is the different between EA form and EPF?
why do the officer need that form?
is bank statement is not sufficient?
I am noob in this banking thing. That's why i'm blur in this.