Hi cruel_boy, i am a banker from Alliance bank.

Your situation might need to be review by the under writer. Al rahji do offer one of the best rate in town.

But however there is a stamping fee of 0.5% of the loan amount you applied and so on.

How urgent do you need the cash?

If you can wait for 1 week~ 2 week i would like to propose you to take up then loan from my side.

I can key into a pre-approval system to check are you eligible for the loan and what amount are you entitle to.

If you are interested to know more, please PM me your contact number.

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Added on December 20, 2011, 6:26 pmIf you do have a house, you may consider Refinancing with cash out option as a part of your capital to start up your coffee shop.

Cheers~

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Added on December 20, 2011, 6:42 pmHi, i am from alliance bank as well.

The email is good. no issue on that.

This post has been edited by hidekoywk: Dec 20 2011, 06:42 PM

Their interest rate range from 9% to 11% base on the amount.

Comes with stamping fee if i am not mistaken 0.05%.

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Added on December 21, 2011, 5:32 pmI only know about quick cash edge~

the interest rate is 0.88% per month. so you multiply it by 12 for per annum.

and there is a stamping fee of 0.05% of the loan amount approved.

This post has been edited by hidekoywk: Dec 21 2011, 05:32 PM

Do you have credit card or any loan records more than 1 year?

ineligible might due to other reason.

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Added on December 27, 2011, 7:11 pmDifference will be base on which one will give you higher income.

If basic salary if RM2,000.00 but if your credit card limit is RM15k, definitely credit card will give you higher income after a "income derive formula" by the bank side.

Chances for approval, will be base on your payment records, Total Loan Repayment Ratio and etc.

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Added on December 27, 2011, 7:12 pmsame question:

do you have credit card, or any loan records more than 1 year?

that is the basic requirement to apply for personal loan.

if you do, i think my bank can offer you one of the best rate in town.

This post has been edited by hidekoywk: Dec 27 2011, 07:12 PM

[quote=aku46,Dec 28 2011, 11:52 AM]hire purchase (rm502/month) with cimb since august 2010 with good payment. never sangkut 
using credit card for around 6 months only with 1.3k outstanding. paying rm150 every month.
which bank?

[/quote]

I am from Alliance bank~ PM me your contacts, tomorrow morning i will call you.

Is it ok? thank you.

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Added on December 28, 2011, 5:59 pm[quote=redz,Dec 28 2011, 04:45 PM]
[quote=hidekoywk,Dec 27 2011, 07:08 PM]
Do you have credit card or any loan records more than 1 year?

ineligible might due to other reason.

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Added on December 27, 2011, 7:11 pm

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i was ineligible because my company doesnt have "sistem gaji" and staff is less than 15 persons - that is what been said to me by bank rakyat setapak.

i don't have any loan records and i just apply credit card - still waiting for approval.
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any suggestion which bank i should go?

so far as i know : cimb 9.8%, maybank 11%

[/quote]

Redz base on what you mentioned on the above, i would say the chances of you getting ploan is pretty low or close to 0.

This post has been edited by hidekoywk: Dec 28 2011, 05:59 PM

All the bank should follow this practice as it is a regulation set by Bank Negara.

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Added on December 29, 2011, 8:01 amCan you PM me your contact number so i can brief you further?

Thank you.

This post has been edited by hidekoywk: Dec 29 2011, 08:01 AM

As personal loan is an non collateral loan, bank will need to justify your payment record base on any existing loan that you have.

If your record is way too clean, there is no way that they are able to judge your payment record and commitment.

That is where CCRIS come into the play.

Hope this will help. Thank you.

Credit card or loan record must be more than 1 year ya.

Most probably yes.

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.

If ccard record is too bad then is going to be hard to appeal~

but if you are keen you may PM me for more info. I am a banker from Alliance bank.

Thank you.