i all bro and sis,

Need your help.
Lately, I bought a property, while applying mortgage loan, i was told by the bank that I have a case with RHB Bank Card Center in 2010. It is shocking news to me because I am aware that I never have any default payment issue with any financial institution since I started working in 1990.

The bank forwarded copy of the CTOS report to me. After reading it, I noticed that it was the Corporate Credit Card in my former company. When I work in that company, it gave all senior manager a RHB Corporate Credit Card to pay for expenses spent on behalf of company.

The FUN part:
March 2009 : When I quit the company, I notified RHB Card Centre to terminate my card and fully settled all the sum. The card center confirmed card is terminated and nil balance. In fact, I called them yesterday, they checked the system also confirmed my card was terminated in 2009 with nil balance.

August 2010 : RHB Bank issued summon against the company for 52k and named all the corporate card users as defendants as well (including me).

MY Questions:
1. How can the bank summon me if my card was terminated with nil balance?

2. This is corporate credit card, why the users named defendant?

I called the lawyer of RHB Bank, she said the case was fully settled and closed years ago. but CTOS did not update.

Bro, I have perfect financial records with CCRIS, if not this CTOS innocent case, i am 100% clean. I am concern the bank may reject my loan based on this settled case.

May I know what can i do in this case?
How to get CTOS to remove my record?
The RHB lawyer said RHB Bank can get CTOS to remove the record, true?

Any lawyer bro / sis can help ? Can I hire you to do the above for me? Price?

Please help..urgent...

I spoke to the RHB, he said needs to investigate first before issuing clearance letter to me.

My goodness, i am innocent in this case, never ever accept corporate credit card again in my life.

I thought local authority instructed bank not to use CTOS anymore years ago? What happened to this directive?

I have perfect credit records, now it destroy it without i aware of it.

What I am very concern now is the CIMB will reject my mortgage loan application! Any banker here can help?

SUMMARY of PROPERTY & COMMITMENT:

My property : Tropicana Garden Studio Unit.

Purchase price : RM767k

I have zero commitment now (just fully settled all my existing house loan, car loan last 2 months);

Income : RM135k based on 2012 EA form.

My CCRIS records is ALL 0 for credit cards; ALL 1 for fully settled car loan (1 due to timing of remittance, should have know this, stupid me, 29th due paid 1st, ceraka).

Any bankers here can help?

hi everybody.

i'm searching for a homeloan. any banks (CIMB / PUBLIC / HONG LEONG / MAYBANK / AFFIN / STANDARD CHARTED / AIA / HSBC / OCBC / KUWAIT FINANCE / BANk ISLAM / BANK RAKYAT) are all welcomed to pm me what your bank offers.

among the characteristic looking for:
- interesting BLR
- maximum / long tenure
- at least 90% MOF
- information on any other charges incured such as insurance / stamp duty / valuation / legal fees / lock in perion & etc.

hi will like to ask. does savings help in loan approval?

Not much unless u pledge FD with , say, OCBC Bank if u're applying the loan with us..
Even so, The amount they will take into account is only 80% of the profit u reap from the FD not your whole savings..

thanks. btw anyone knows the pros and cons of co-applicant v guarantor?

-Both will appear in CCRIS but guarantor wont be accounted for the +1 housing loan (3rd housing loan 70% loan margin)
-Guarantor wont have a split commitment deducted from his/her nett income therefore maintaining his/her nett income for the next house

VS

-Co-applicant will be obligated to pay half of the monthly commitment therefore CCRIS record will assume that half-commitment is taken by both main & co-applicant (Therefore, reducing the nett income for the next housing loan commitment): Future property purchas
- Co-applicant will also be treated as +1 housing loan (3rd housing loan 70% loan margin)

Welcome to dispute...

Thanks.

Anyone else to share? Or has experience?

SME loan if the company is Sdn Bhd, need audited accounted or not?

yes
2 years of audit account
Profit and loss