Refinancing your property for cash, and credit consolidation
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 Apr 1 2019, 04:32 PM
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#1
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Newbie
25 posts Joined: Mar 2016 
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Hi
Could someone ask for third party charge + collateral (fully paid -landed property around 300 k) to help his friend business. Asking for 150 k only from bank but he is under AKPK |
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Apr 1 2019, 05:45 PM
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#2
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Newbie
25 posts Joined: Mar 2016
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QUOTE(lifebalance @ Apr 1 2019, 04:34 PM) hmm how long does he need that money for ? A : ask for third party charge to help B  collateral - fully paid landed property (99 years - balance 60 years + ) MV = RM 300 K ask for 150 K status AKPK B : director Company B status : good ccris and ctos willing to pay (5 years max) to expand business This post has been edited by jiwaman: Apr 1 2019, 05:49 PM |
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Apr 1 2019, 06:20 PM
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#3
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Newbie
25 posts Joined: Mar 2016
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What is the meaning of third party charge loan ? |
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Apr 1 2019, 07:01 PM
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#4
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Newbie
25 posts Joined: Mar 2016
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QUOTE(lifebalance @ Apr 1 2019, 06:26 PM) Means the borrower and owner of the property are not the same Then A would be third party and B would pay to the bank .Am I right ? |
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Apr 2 2019, 12:46 PM
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#5
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Newbie
25 posts Joined: Mar 2016
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Do not worry , i found the link related to third party charge Anangie liked this post
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