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 ASB loan, worth to get it???

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Robottoes
post Jul 31 2018, 12:10 PM

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Hi all,
Would like to know if I terminate and reapply the loan to a smaller amount, do I need to resubmit all my latest documents (epf, payslip etc)?

Asking because past 2 months been unemployed but have a job starting in August. Would wanna have a smaller monthly commitment compared to my current one.
Robottoes
post Jul 31 2018, 01:45 PM

Casual
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Junior Member
434 posts

Joined: Sep 2011
QUOTE(wild_card_my @ Jul 31 2018, 12:11 PM)
For some banks we only need 1 months payslip. Latest documents too.
*
Thanks! Looks like I'll have to wait another month if that's the case. Which would be better though,
Terminate it soon and reapply to lower rate.

Terminate end of the year to enjoy full dividend p.a and reapply then.

 

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