I need to apply for personal loan but i will join a new company tomorrow. My financial is quite good with a good track record in my CC (annual income 60k). Anybody can help me especially PL from bank rakyat?

for private sector, is very hard for you to get RM20-30k loan if your salary is RM2500,cos normally is up to x6 of your salary...
my suggestion would be mayb u may try apply with few banks, and see which bank approve for the better offer.
As for HSBC, customer have 45 days to decide whether want to accept the loan o not (if approved). There wil be NO penalty if you decide don take it, and your CCRIS record wil be no "paid after due date" record as it is automatic debit from the financing amount for the 1st installment and auto cancellation after 45days...
few of my customers from this forum applied and din take the loan...

I thought we have no obligation to accept the loan even it's approved or not mah right?

Or maybe you're saying HSBC provide customer 45 days instead of the standard 7 days, IINM

let me give you an example,
lets say loan is approved on 1/12 and the money will credited to your account on the same day...therefore, your 1st installment would be on 1/1 (standard la...><)...

if you withdraw the money before 1/1,you get full amount (as NO any charges)...
if you withdraw the money after 1/1,you get full amount minus 1st installment...

if lets say you don wan the loan (mayb u got better offer or got other solution), system wil auto "pay" the 1st installment by debeting the money in the account...and if after 45days, you still never touch the money (don take ATM card also), the system wil auto cancel the loan and close the account...
therefore, due to your 1st installment is auto paid by the system, so your CCRIS record will be nice payment record, and after auto cancellation, bank will uplift the loan from CCRIS.

Nowadays, The bank are just like Ah Long, only better as they have license.

As a citizen, we are always onto ourself to weight out the options which may help or crush our future.

I do not support my friends to apply for personal loan unless REALLY REALLY REALLY Necessary, and most of the time, it is unnecessary.

bank is better since they don't come scare u and paint ur house red
and u always have a last resort which is go to AKPK
ah long will do all sorts of things...

For me, the bank never ask whether you want the loan or dowan... Straight away credit the money into your account. And i didnt sign any agreement other than the application form.

True. True. The bank paint your name red. Last but not least, it is better compare to ah long.


True. True. They call me up stating that the money is credit inside for the personal loan (didn't apply for one). I call up the branch manager and @#$%^&*(*&^#%&@*$ them off and I close my account due to this matter.

Are you implying that if we applied a loan and never accept it once approved, we will have a bad CCRIS record?
And this is the first time I hear that the loan will go directly into your account immediately once the loan is approved.

thats funny

don't think got such thing, CCRIS only record every payment u make like 0=pay on time, 1=no payment
so in a year Jan Feb Mar Apr
0 0 0 1
meaning April u didn't make payment
hope my explanation helps....my info may not be exact

effective rates is around 9.x%

for HSBC, the money is directly credited to ur account (must be HSBC account) once approved...if don believe, u may go any HSBC ask...thanks..

It's not I don't believe. This is some sort of things i never really encountered before. LOL

Btw, the CCRIS record I understand lol. but the way adilee said it's like telling us that we will have a bad record, if we never accept the loans after approved.

Anyone work in RHB, STd charted or EON Bank PL executive?

Why you need to apply for personal loan? (unless for short term medical reason)
If you can't afford a house, rent a room.
If you can't afford study in private u, study hard to get into public u.
If you can't afford to eat good, eat nasi lemak or mee goreng with little vege and meats.
If you can't afford to dress branded stuff, buy from pasar malam.
If you need to see doctor, go to government hospital, a few ringgits only.
If you can't pay for car, take bus.

There is always a lower cost lifestyle that people can survive.

I saw many people increasing their debts to live luxurious life. They want to compare with their friends.

Always think that foreign car is better++ They don't want to lose face.

I am looking for personal loan - RM10K - RM12K

Please PM me for details....

If you are working for a listed co. (the deduction is make through deduction of your monthly salary), u can try to get it from BANK RAKYAT. The flat interest rate they charge is 3.33% for the first 3 years.

Good Luck

Really, one would never went to get Personal Loan to buy house. That's is not and will never ever happen.
But I do agree to majority of your points.

i dont think bank rakyat i can because i'm not gomen staff

you are right. people will get housing loan instead. but if not properly planned then he will have to pay a big amount to bank using his salary.
Then he is forced to take personal loan to cover his daily expenses.