The key is having a good credit rating.
Amongst the steps recommended are to have credit card, and making sure it is paid on time, and the full amount charged to the card.

for personal loan, u need to have credit history.
for example, credit card u can use it to apply for personal loan. but it must be more than 1 year. that's when bank can check ur payment history. no late payment means ur chance to get personal loan is higher.

but let say u already have a home loan, and u want to apply personal loan.. bank will just check ur home loan payment. no need to get credit card

Which bank offer the best rate at the moment for the private company staff??

I just remember that the only thing I didn't pay last time is the insurance payment by auto debit.

I wanted to cancel the insurance but my friend won't let me , so I don't pay lo

This post has been edited by ghoss: Mar 30 2010, 11:05 AM

try loan bank islam...only 3.25% for 3 year n 4.99 for 4-15 year

Is this open to everyone.....non GLC , non government

Hi, I'm working in private sector. I'm looking for personal loan of roughly RM15,000 urgently before next week. My preferred payback tenure will be 3-4 years. Can anyone please provide me more details.

sorry if i'm new, but any thing i need to beware of or take note or consider for personal loan?

any bank is fast process and lowest rate?

i do some research, currently bank that provide person loan is

HSBC, Citibank, Standard Chartered, Hong Leong, EON, UOB, Al Rajhi

what other bank ?

and this is the rate i get from their website (only 3), dont know is it correct or not. can anyone please advice?

HSBC
RM 10,000 RM 521 RM 382 RM 313 RM 271
RM 20,000 RM 1,025 RM 748 RM 609 RM 525

Hong Leong
RM10,000 RM516.67 RM377.78 RM308.33 RM266.67
RM20,000 RM1,033.33 RM755.56 RM616.67 RM533.33

UOB
RM10,000 RM506.25 RM367.36 RM297.92 RM256.25
RM15,000 RM759.38 RM551.04 RM446.88 RM384.38

This post has been edited by loanneeded: Mar 31 2010, 10:45 PM

What kind of advice do you expect without giving any info on loan amount, interest, tenure or link?

it's 2 ,3 ,4 ,5 years, this get from their website

http://www.hlb.com.my/pfs/loanpl_f.htm
http://www1.uob.com.my/webpages/p_loans_esCash.htm
http://www.standardchartered.com.my/person...e/en/index.html
http://www.hsbcamanah.com.my/1/2/amanah/pe...ncing-i-details

Most of the bank need monthly salary of 2k but i got 1.7k.

I tried RHB & CIMB , both also rejected me.

Any other choices ???

HSBC , Citibank, Standard Chartered , Hong Leong , EON , UOB , Al Rajhi, Bank Rakyat , Bank Islam, Alliance Bank, CIMB , RHB

HSBC / Hong Leong / Alliance = Need 2k

CIMB / RHB = Rejected

Left
Standard / UOB / Bank Rakyat / Bank Islam / EON

Can I apply 2 banks at once ??

dont know. that is what i wanted to ask also.
apply for 2 bank then if all approved, can i just choose 1 of it?

private sector can apply?

any salesman for HLB, UOB, HSBC? i would like to apply PL...

damn, i asked 3 lowest interest rate bank today.

1. Bank Rakyat. They require Bank Rakyat to be the panel for the company. Cause they want to auto deduct from the salary.
and it took almost 7 days just to process the panel thing, how about loan?

2. Bank Islam. they say must be public listed company ..
and other officer say the company must have declare value of 500K something like that.
is it true? but my company is international company and they do not declare so much in malaysia. damn!


3. Al Rajhi Bank. So far so good. with 8.5% But dont know will they require the company to have certain declare capitol or not. I asked, but they didnt provide the information. and they need 7 working days to process. So long! I cant wait. Need to get it done by next Week. But no choice, cause currently seem only can apply this and they are the 3rd lowest.


please is there anyway to get the loan fast and easy from bank rakyat or bank islam? anyone can help? any method? anyhow?

IMPORTANT QUESTION: can i apply for multiple bank and only choose 1 at the end even if all approved?

This post has been edited by loanneeded: Apr 1 2010, 05:34 PM

So have to get a PL with RM 1.7k from private sector.

Most banks need 2k.

Got rejected from RHB / CIMB , going to try Standard Charted tomorrow

---

Added on April 2, 2010, 3:13 amMy friend say that I never loan before , that's why bank reject my PL ?

This post has been edited by ghoss: Apr 2 2010, 03:13 AM

Hi GHoss,
its true, banks will want to look at your credit reference but if there's none, than sorry to say you can't buddy. If you're a degree holder and working in a listed company then Al-Rajhi will consider. If you're really in need of money why don't just apply for a credit card cause since you've tried cimb with a rate of 24% per annum, then credit card won't be any different cause their interest is only 17.5% per annum (quoting the highest). If you wanna Al-Rajhi out feel free to pm me.... THanks.
Regards, Hafiz Noor : )

Thanks Hafiz ,

But I don't think I can use Al-Rajhi , not in a public listed company.

I applied CIMB credit card , don't know can get or not .

I tried Maybank but they didn't give me .

Any other banks credit card is easier to get ?

Am Bank ?

u try MBSB PL .......i think can..........