Hi all, here is my situation; I am trying to apply for a mortgage loan and I have a credit card. The time around July'17 till March'18, I was jobless and I couldn't pay my credit card properly. I missed out a few months payment and I even had to borrow money from my friends to pay it but in a real minimum amount. Since March'18, I got a job and I was able to pay a smaller amount of my card but I still couldn't afford to pay for the minimum amount that was accumulated for the past months. Around June'18 I was called by the collection department in which they put me in a restructuring program in which I have to pay RM170 a month for the next 9 years, in which I agreed and been paying accurately without missing. So now my situation is that because of that, it is affecting my mortgage loan application. All my previous and other loans has been paid off and I never missed a payment before it just that I was jobless and affected my card payment. I have no commitments right now in which I can solely focus only paying my card and the loan(if approved). I even told the officer that I can provide a guarantor if needed. So far I applied for 5 banks and 2 already rejected me, hence I won't be surprised if the other 3 will do the same due to the same reason. What advice or suggestion I can do to make it get approved? Or how long must I wait again to retry? June? Please help!

So does this mean that if I continue to pay for the credit card per normal until June without any misses, I still can get rejected?

Sigh, I don't have the amount to pay it off(not with my own money anyways). And to your bolded statement, how large is large? 40k? I have a certain amount of money for FD but that is not my own money, but my mom's, so I can't touch it.

Are you advising me it is because my situation is THAT bad or because of other reasons?