Need to pay for retrieve document.

Bro, my brother want to apply car loans, his situations is he is part times house agent before, when he start he had bad record for CC and car loan but no more than 3 months. Now he have pay back (1-2month for CC)excerpt car loan 2 month coz want trade in already
, he don't have pay slip as agent but got bank statement with average 3k (part time) now he just get a new job with offer letter rm2000 + 500 allowances, can he get car loan for 'vw polo (loan 80k)new car with me as guarantor,I am clean. By the way , he can pay 9k as deposits,

This post has been edited by Yfamily: Nov 5 2014, 12:50 PM

Guys, I want to confirm something regarding AF for CC.

If AF has been charged to the particular CC but I wished not to pay by cancelling the CC, will this action my CTOS/CCRIS record?

Thank you.

Yes, a client of mine had a CTOS filed by Maxis and her housing loan had to be halted until the CTOS account was cleared.

It depends on the banks that you are trying to apply to. The bank in question were OCBC and Maybank, and they looked into her CTOS records and there was about RM300+ of payments that were due to Maxis. So I helped her clear the payments to Maxis and had them print the confirmation by Maxis that the payment had already been made which I sent to OCBC and Maybank's loan department.

It's important to note that different banks have different CTOS policy, I know a number of banks that do not look at the CTOS records at all.

tl;dr: Depending on the bank's policy, they may or may not look into your CTOS record, or disregard the record if it is too small

Guys, how do I read the report?

I registered online and got a report titled SelfCheck.html with file size of 69kB sent to my email.

I saw nothing that requires my caution or attention.

Then you are good to go lah. CTOS is not very straight forward though. If you dont see anything funny, like an outstanding that you need to pay there shouldnt be any problem

Weird thing today, I do a selfcheck for myself on CTOS but Section E is missing.
Where aaa?
PDPA took control d?

seek for assist, i have a outstanding which is RM 750 with Aeon Credit for my Laptop instalment.
But what happening now is today i was received a message that warning me to settle on it by today, if not my name will be blacklist on Ccriss/Ctos. And i was just only able to paid by next monday.
Any happen if the name being blacklisted at ccriss and ctos?

As for CTOS, there will be a record of you and it will stay there even after you have made the payment, but it will state that you HAVE made the payment. You loan applications may or may not be affected depending on the banks that you have applied to.

I have many clients who have had issues with AEON, and after repayment their loans were approved. CTOS with companies like AEON or ASTRO aren't that big a deal. CTOS with the banks on the other hand, can be quite the hassle.

how long ur outstanding overdue already? as i know aeon will start calling even before the agree due date for payment . i have loan with aeon too . i sometimes will late one or two days my CCRISS still 0

Sometimes due to moving and changing phone number you would not any of those alerts from Aeon.

So it will not be too hard to get the loan from bank if after i make the payment?
because the with the amount of RM 750 , the Aeon make it like i was the most wanted person in this issue.

For most banks, as long as that CTOS issue isn't with another bank, then there shouldnt be a problem after you can prove that you have made the payment. For CTOS issues with other banks, you would need to wait one or 2 years before your application for another bank can be entertained.

But all in ALL, it is all up to the discretion of the loan department. I tend to argue successfully for my clients though. Let me know if you need help with mortgages

Basiclly i wanted to apply loan for a car, but with this issue on Bank wan me to have a guarantor which i was hard to get.

With you as guarantor with clean n good ccris n ctos plus good income record should b no problem to get the loan, but chances getting 90% is low, probably 70-80%.

But i would suggest to buy a lower price car, as your brother income only 2500 and the installment will b around 1k per month plus petrol, toll n parking. It will easily eat up more than 50% of his income. He will be very hard to pay the installment and at the end may same like now owe 2 months installment. His ccris record will never be good.

Not recommended to buy above 70k. Just my 2 cents

I deal mainly in mortgages so it may be a little different. But as I mentioned, the CTOS records can be ignored by the bank if you pay up. GOod luck to your car purchase though

If bank told me that i was blacklisted and they listed me as fraudster, how can I solve the problem? I'm not even aware this issue?

Talk to the bank to solve the problem. Is it listed in CCRIS or CTOS?

seriously....get a cheaper car la.