As per topic, posting this for clarity before making any decisions, Currently in a dilemma due to need fast cash money but able to pay back, got a steady job, just need around 10k to get by. What do you guys think? This is my first time making a personal loan, before this bought a superbike and just paid everything off with Aeon.

Got a credit card but pay it nicely every month with Maybank.

My salary is around 2.5K above if have OT can make more. Recently just bought a house but that's another 3 years for the completion of the project. Will my loan application go through??

My parents got money but its not sounded responsible for a grown up man in his 30's making a loan with their parents don't you think??

what should I do??

No

Solutions?? parents money??

why not just rent first until you get a higher salary? it's impossible to get your loan approved with 2.5k salary

Loan with parent is the better solution

i don't know what is the reason why u need the money so urgently. Is it want or need? U yourself consider and think about it.

10K 5 years personal loan, gonna stain your credit record badly

Pama best, but must pay back.

No

lol.. 2.5k ur loan is approve for buying house?

Loan with parents with no or lower interest. Put in black & white.

Don't be ashame, I did that when I need DP for property. 30% not 10% dp. Lotsa cash for me back then. Paid back all no interest though but all good.

Double

This post has been edited by sykz: Jan 25 2023, 12:20 PM

how do you even manage that much debts bro, you're taking more debts to cover more debts meanwhile only earning a mere 2.5k ... ohh and you spare no time mentioning OT can make more money.

bruh, no.

How it gonna stain the credit record, all you need is to ensure the monthly payment are paid.


Also, 10K to get by, to spend on what?

10k is not that much.

but instead 5 years, try shorten 2 years instead.

pay every month ard 500+.

sakit dulu senang kemudian.

u have done it before with your superbike. so i guess you should have no problem.

nothing wrong with personal loan

i have personal loan of 250k.

so long you can pay, its ok.

Fyi, Im married and wife is a Goverment worker (pegawai) and the house loan is a joint loan (two names)

the credit history will be recorded. 10k for 5 years.
next time you want to take bigger loan, harder to pass.

no jalan, have to take loan then no choice, but got FAMA loan, take FAMA loan option better.

Do u have any idea on the rates and tenure years for your personal loan?

We can give you a rough figure how much you need to payback

we are expecting soon and the money for child support is pretty expensive. You know Malaysia conditions right, everything is expensive nowadays. and its better to have some money in the bank rather than nothing...I have made some investments and if that investment go through I can payback much faster.