QUOTE(blazersky1 @ Sep 6 2017, 03:10 PM)
If getting HP loan is so tough, why there are so many new cars on the road? And you think those new drivers all 99.99% afford to buy those cars?
Getting Mortgage /P. loan might not be easy. Opening of bank account & getting a credit card is also easy like HP. They ask a lot of questions due to Know-Your-Customer (KYC) process which is a due diligence process required by our dear regulator BNM. If you open account today and suddenly tomorrow got RM2.6bil credited to your account, don't you think you gonna get invited to MACC and probed by them?
I applied and gotten about 5 credit cards and not even a single call from those bank officers asking me questions here and there. So far HP loan also just call and verify that you are actually applying the loan for eg. What car model, cc, loan amount and blablabla...etc...
Apply loan no need collateral? So senang one ah? Bank repossess also they rugi la...US they have credit rating system... you cheat on your loan once very hard to get loan again.Getting Mortgage /P. loan might not be easy. Opening of bank account & getting a credit card is also easy like HP. They ask a lot of questions due to Know-Your-Customer (KYC) process which is a due diligence process required by our dear regulator BNM. If you open account today and suddenly tomorrow got RM2.6bil credited to your account, don't you think you gonna get invited to MACC and probed by them?
I applied and gotten about 5 credit cards and not even a single call from those bank officers asking me questions here and there. So far HP loan also just call and verify that you are actually applying the loan for eg. What car model, cc, loan amount and blablabla...etc...
This post has been edited by moosekaka: Sep 6 2017, 03:24 PM
Sep 6 2017, 03:17 PM

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