any way to get loan ? my CCRIS not enough score

I just made a personal loan of RM 6k from RHB Easy today. Actually I intend to choose 1 year tenure, but during the registration process the staff there said he will make it 5 years because their system might reject the application if the monthly repayment and my monthly pay ratio deemed unsuitable. Then he said I can one-shot settle it after 6 months, with rebate.

After the loan is approved, I'm quite surprised to see the total repayment amount of RM 10356.60. So I want to know how much is the rebate from RHB if I repay the loan after, say, 1 year instead of 5 years. I'm worried about the rebate being too little, coz had I really forced for the 1 year repayment, only had to pay around RM 800++ extra, compared to RM 4k++ extra

p/s: this is my first time getting personal loan

hi... i wanna ask, why dont u take the lower rate? do u knw rhb is hving the highest rate 13.45%? and the penalty is higher too?

Actually I did ask for 1 year tenure, but the staff insisted on 5 years, telling me that the system might reject my application if it deemed my monthly income is not suitable for the monthly repayment rate for 1 year. Then the staff told me that after 6 months, I then have option to settle the loan one shot, and RHB will give me rebate (amount undisclosed). In their terms and conditions ( http://www.rhb.com.my/easy/pdf/Easy-Pinjam...spres_Terma.pdf ), they did mention about penalty (Yuran Keluar Awal), but that if I paid within 6 months.

So for RHB Easy, let's say if I try to settle it within 1 year, do I need to pay the 10k++ (plus interest for 5 years), or lesser? And how much was the penalty?

any one can help opn this? really want to settle the loan

Intro to me.. All Banker contact.. tq

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Added on June 13, 2011, 11:04 pmRHB Easy is VERY VERY HIGH the interest rate....

This post has been edited by magiccon: Jun 13 2011, 11:04 PM


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I want to make house loan? which bank give batter rate now? advice me?

yes.. any amount also 7.5% u have to apply directly under employee bank team.. just walk in to the bank..

and im from Price Solutions a wholly owned subsidiary of standard chartered, (NOT 3RD PARTY AGENT) .. now interest rate already increased around 9%, but there are still sum customers getting lower than that, of coz not all, and of coz later they will deduct sum of my commission coz im the one who request interest reduction . ..

Not familiar with EASY but if my memory serve me right. The lock in period is 6 months so after that period u can pay off in one shot. But in terms of rebate? we don't so call rebate it's more like this. Cos RHB is based on reducing terms.
So if u settled after 1 year meaning the remaining 4 years the interest you save it already. Since the interest is charge on monthly basis based on your new balance.

Easy RHB the penalty should be RM200 regardless how much your loan amount. Unless u take the normal loan then it's 1% or RM100 whichever is higher. =) so don't worry she advice u to take 5 years is the right one. Cos it's easier approval and lock in 6 months so you can pay off after you got better package or extra cash after 1 year.

hi
im a gov servant
plan to get pl for 35k
which bank can give lowest interest rate?
thanx

Thanks

Eon CC has call on cash....

Rate = 3.99 % pa flat for 1 year only
or 3.33% pa flat for 3 years

Thinking to get the 3.33% and pay my housing loan which is 4.6%...

Overall, save over RM850+ interest if I do so.

if i take 20k loan, i will only get 18500 rite?

EASY RHB is to walk in to the any counter and show them IC and straight Loan approve?

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Added on June 16, 2011, 4:52 pmEASY RHB is to walk in to the any counter and show them IC and straight Loan approve?


This post has been edited by myfiona2004: Jun 16 2011, 04:52 PM

Friends, I'm looking for a personal loan here...please contact me through PM.

Wish to loan RM 20k but recently rejected by Alliance. Cheers

ok thanks...

This post has been edited by kanna1981: Jul 5 2011, 11:35 AM

so far i wan to know...i jus a student who jus start my 1st job as my salary are Rm1.5k only...so can i apply a credit card...?

Unfortunately cannot due to new regulation set by BNM.

wat new regulation?

Hi, I just went to apply for RHb easy loan, got rejected because i don't have any credit history. No house, No car and no credit cards. They said i am fresh. i am very dissapointed.

Any others banks that offer personal loan to freshies? I am earning RM1800 plus commission. Please help