For Car Loan, as long as u can meet the requirement (Down-payment) and have proper income every month, bank will loan you ady.
normally car loan is fixed rate from 2-9 years as u like. However, you only can find this at local bank.
Foreign bank dont provide car loan(hire-purchased loan).
Cheers.

Rgds,
Zerro Yap
017-4515158
zerroyap@ocbc.com

just a question here.. before this i had commitment for pay my motorcycle loan.. does it can be use as a commitment for applying for personal loan..

when u have loans with banks.. the record will be shown there when u apply for any kinda loan, since everything is linked with bank negara...

i dont know if i were in loan with bank before because i always pay the installment at the shop only and never pay to the bank.. is it will be in bank negara's record too?

easy, u can try to print your CCRIS statement in bank negara...
it's free 1... just like EPF kiosk...

Rgds,
Zerrp Yap
017-4515158
zerroyap@ocbc.com

easy basic question here..

1) if PL got approved, then when need start to pay? one month after approved/got money?

2) usually how much payout rate? i know different bank is different. but average? how bout other chargers?

3) how much we can apply? some got 5x salary etc and some dont mention. this one can apply up to 100k one?

Hi, i would like to get a personal loan to clear off my credit card debts tho. i got four cards that i want to kill and focus on paying on one account. Do you guys/gals think it's a better solution than paying monthly to 4 different cards? Debt is huge for me and i admit that it was my own greed and ignorance that made me fall into this trap. Hope someone from here can give me good advise. would like to settle debts in 2-3 years. T_T i do hate my situation now...

quick question, if we have been approved a PL of for example 50k from bank XYZ can we ask the bank to review the offer to lower down the amount to 30k. this is before signing the agreement

1. tis one depends on the bank, in SCB, after 1 mth approved,

2. payout = in SCB full amount, before u apply u better check all the TnC, like the processing fees and stamping fee etc,
as i know, if u apply with RHB bank, they'll be processing fees and stamping fees, so u wont get full amount , they will deduct all these charges + the insurance. not sure bout other banks.. u can always call the call centres and check with them.

3. how much u can apply - based on ur income, of coz 5 times, but in SCB it depends on ur risk level (commitments and previous records etc) my cust once got 7.5 X .. so this one depends on the bank and the system linked to bank negara,

---

Added on November 21, 2010, 6:49 pmu can do refinancing , like in SCB, u apply for refinancing, we settle all the c/c outstanding for u, so monthly just pay to SCB,
wats good bout this, lets say ur cc debts - 20k but based on ur income u can apply up to 30k, u may apply 30k, and settle the 20k cc and the balance rm10k u may take as cash.

---

Added on November 21, 2010, 6:50 pmnot sure bout other banks, in SCB, u can.. after the loan approved u can request the amount. i've done that b4

This post has been edited by benjamin_haykael: Nov 21 2010, 06:50 PM

---

Added on November 21, 2010, 6:50 pm

not sure bout other banks, in SCB, u can.. after the loan approved u can request the amount. i've done that b4

[/quote]

if money already disburse and agreement seal, can or can not? what option do we have if we got extra loan than what we need. it is impossible to make settlement since we need to settle in full not a part of it. to reduce interest also can't since it is fix

b4 the money disbursed ...after that cannot,
if u got extra loan than u requested , u can reduce it before signing the offer letter,,
if u take the full amount and want to settle earlier also u rugi la.. since the interest will be calculated based on the loan amount.. why pay more .. but of coz, once u sign the offer letter means u've accept all the TnC ..

any PL agent here to help to get loan.. need around 10k and i never use cc.. anyone from bank agent can help me.. tq..

if commitment limit permits, can a person have more than one PL (from same or different bank)?

bro another question. if we have been approved let say 50k for 7 years loan from a bank and after 2 years paying the loan we have 25k extra money. can we apply another PL from the same bank or maybe from other bank by the amount of the outstanding in the previous loan-25k. so that we can do full settlement on the previous loan and reduce the monthly payment per month using the new loan. hope you able to comprehend this situation

in SCB u can top up after 7 mths after the first loan approved.

u may take higher amount also, but of coz up to u how much u want to take, if u want to take the 2nd loan to pay off ur first loan also can, but they don treat it tat way, it will be considered ur second loan, and they will open a new savings a/c . (if u've taken loan three times, u will have 3 savings a/c in scb) so, using the money, u can pay the first loan. u cannot refinance the SCB loan from SCB, but u can do it via other banks. taking 2nd loan also wuld be wise coz maybe when u applied the first loan, the interest rate a bit high, perhaps from the second loan u can get lower interest rate (maybe ur commitments become lesser by tat time ..u have improved ur payment behaviors ...)

lets say ur first loan is less than 7 mths but u want to take 2nd loan to settle the first loan with SCB, u can do it in other bank and use the money to pay the scb loan.

---

Added on November 24, 2010, 12:33 amin SCB ur unsecured loan = 150k only ( credit card + personal loan)
eg : credit limit 50k , u PL can approve only 100k regardless how high ur income is.

commitments VS income, , so i guess ur income also shuld permit this ..

u can apply PL from few banks, but since its all linked to bank negara, the banks can see ur unsecured loan, so the system will do calculation
ur income VS ur commitments.



This post has been edited by benjamin_haykael: Nov 24 2010, 12:33 AM

Im looking to get a personal loan. My rough gross annual income is about rm95k which is roughly about rm7.8k a mth. I have no housing loan, no car loan, only credit cards and one outstanding personal loan, which has a balance left of rm4k only. No bad ccris, no bad records as well and not blacklisted.

I am below 30, degree holder, working in an MNC company, private sector, global company is listed in the US stock exchange however the company here is not listed in KLSE. I am a confirmed staff, have complete documentations to support.

Thinking of applying for a loan between rm18k-25k. Planning to use it for an old 2nd hand car. PL agents please pm me your best rates, im not in a rush, im not sure if im elligible for Bank rakyat or bank islam though, as they have the best rates and loan tenure. If any agents from those banks, can pm me also.

So any agents out there pls pm your best rates.

thanks.

Heard SC bank offer the best interest rate among others for personal loan?

This post has been edited by winlose2582: Dec 12 2010, 10:35 PM

what's the minimum offer for personal loan normally???

mr benjamin,
ugpm

replied epalpie...thanks