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> BSNC LOAN APPROVED., /k

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SUSkevin23
post Apr 20 2017, 06:28 PM

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QUOTE(becauseyuckfou @ Apr 20 2017, 06:26 PM)
Now help me. I might get the story quite complicated becoz I oso didnt understand it quite well.
Long story shorten :

My loan with BSNC has approved to buy a bike.

The problem is I was told that BSNC only receive payment through Cheque Book which I need to apply from Maybank (bcoz my main account) and is in advanced amount of 12months (or) more.

Monthly repayment is around RM500 so I need a minimum RM500x12pcs of cheques to be submitted to the bike shop.

My question is :

Is it safe to hand out 12pcs of cheques worth RM6000 in 1 shot?
Note : The bike shop told me that BSNC will only (credit/withdraw/cashout) the cheque on same date that I get my bike, monthly. (Example : if I get the bike 24April, so withdrawal only will be made on the 24 each month.
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I am glad if anyone could share their experience or knowledge regarding this. Thank you.
*
Of course u have to give postdated cheques. U have to write the date beforehand.


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