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 Wife being a guarantor for a car, And now going to buy a property

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TSRefuzed
post Nov 5 2015, 05:56 PM, updated 11y ago

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Hi guys!

My commitments:

House loan - RM2060 monthly
Car 1 - RM770 monthly
CC - RM750 monthly (based on 5% calculation)

Wife commitments:

None

So the thing is, I planned to buy a new car under my name (as I want my wife to buy a property first) but unfortunately a few banks required a guarantor. Now my question is, if my wife become a guarantor for this new car purchase, would there be a huge impact to her when she wanted to buy her first property?

Thanks!

ChuiChuiShui
post Nov 5 2015, 06:14 PM

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Joined: Aug 2015


Depends on hw much she earn, car price(installment), future property price.

Impact, yes.
But if her earn is good enough, then will nt be a problem la..

 

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