[COLOR=blue] I,m blaclisted with bank..RM 13k. currently I 'm still pay bank by monthly basis. My problem is I cannot apply for credit cards, housing loan and etc. I got no other installment with bank. Can somebody help me to get personal loan...so that I can pay bank to clean my name....Thanks....HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

@peyot,
Do U think getting a loan from a 'loan shark' will help U clear ur debts?

i think getting loan from friends n relative is more advisable.

actually I,m looking for somebody who can help me to apply loan with bank

There's plenty of runner out there

@peyot,
I doubt that is going to be possible since U oredi been blacklisted. Also, since Ur clearing off ur debt on a month to month basis, it shouldn't take too long before Ur done with what U owe to the bank.

After which, U just need to wait a couple of months (up to 12 months) before the banks will look into ur record again

Y would U need a home loan/CC facilities/ car loan from the bank? Even if U do decide to buy something now; U might not have sufficient funds to pay for it.

What is black list?
Why is there still resides a myth of black list?
The bank just doesn't lend out based on one's credit conduct. Similar as human behaviour.

So would any sane person lend to someone which he/she knows doesn't pay?! Always ask yourself this....would you even lend to yourself based on unbiased perception. Take for example, I owe the bank RM13k and had trouble paying that RM13k, so I come to you. You knew that I had trouble paying that RM13k, would you lend me money?!...

It take 4 years to settle....currently my salary is good enough but somehow ... cannot pay 13k onthe spot la...

the only thing is..I cannot just wait for 4 years to get housing loan and etc.

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Added on July 15, 2008, 10:17 amalo bro.... I can pay the debt but cannot one shot la.... this is a few years ago punye kes.. currently I want to apply housing loan la... salary ok...but still need to settle with bank another 4 years loan rejected by bank. So now I'm looking somebody who can help me to get loan from bank to pay the debt....so that my name is clean and can do housing loan...not to wait anothe 4 years

This post has been edited by peyot: Jul 15 2008, 10:17 AM

I think u can try these:

1) Search BNM site, i came across some credit rehabilitation unit to help those in financial trouble.

2) Borrow RM1000 each from 13 relatives and friends.

3) Cut down spending

4) Most effective way is to increase your income by doing second job or do part time business.

@peyot,
If U can't find the $ to pay off this RM13k, where are U going to find the $ to buy a house? Y don't U pay up this debt and then only look into getting a property. RM13k over 4 years is quite a long time if U asked me.

Instead of getting into more debts, I suggest U clear this one first.

Ask urself (even if the bank allows U the home loan):
1) Do U haf sufficient cash for downpayment of property?
2) Do U haf sufficient income to sustain monthly repayment for:
- home loan
- existing loan (RM13k)
3) Haf U also thought about when interest rates increase? That will affect ur monthly loan payment; assuming you're on a flexi loan.

Do U really want to get urself into a deeper mess than U oredi are?

This post has been edited by tinkerbel: Jul 15 2008, 10:46 AM

thnaks for yur advise..

currently my income is good enough..i just cannot wait another few years to clean my name..

@peyot,
If ur income is good enough, Y not pay off the existing RM13k as fast as U can; U might not be able to come up with it within a month but U could alwiz pay it off within 3-6 months

first of all let me tell you that since you have reschedule your loan with the Bank you are not blacklisted..probably your name appear under the CCRIS as "doubtful paymaster". as such, the other Banks are not approving your housing loan..Your name will never appear in CTOS (which black list people) unless civil action (writs of summons) have been initiated against you. Did the particular Bank you are owing commence this? if not than you are clear...

as for the second part..I agree with some of our friends here that you should get some assistance from either your family or close friends to help you out on this...or maybe use your coming bonus to settle you debt with the Bank..It is goina be impossible for you to get another loan from a bank to clear your current loan..for the Bank its " GOOD MONEY CHASING BAD MONEY"..since they know u r a bad pay master..

You need to do some homeworks on your own like :-

Go to BNM to get a copy of your own CRRIS's report.

Like BOON said , there is no such thing called a Blacklist. However, your banker might include a comment to say that you were a "hardcore" * borrower. Normally , banks would avoid you if there is one.

I think, going to BNM is your first step you have to take.


CRRIS report would tell your paying patterns for the last 12 months.

If you continue to improve your paying pattern, there is a good chance to get a housing loan in the future.

Wishing you all the best.

* forgotten the exact wordings.

This post has been edited by SKY 1809: Jul 15 2008, 01:17 PM

I am more interested how TS's rm 13k debt came which exclude house

loan, credit card loan etc

This post has been edited by yks8845: Jul 15 2008, 12:24 PM

girlfriend?

TS, if ur income is good enuf, 13K will be settled in 1yr or less , obviously it is not yet.

@yks8845,
It could haf come about through CC debts perhaps?

Are you all going to provide him interest free loan if he tells the truth ?

I do not see the need to speculate....no value added.

This post has been edited by SKY 1809: Jul 15 2008, 05:59 PM

@peyot
The problem is are you able to service the installment amount (if loan is approved) + your RM13k debt split into monthly installment + credit card debt + your monthly expenses.
That's how the bank looks at your financial status.
They calculate debt burden ratio and the rule of thumb is all your expenses that is with the banks cannot exceed 1/3 of your salary.

So if it exceeds, meaning to say you can't even afford a "house" yet!

Than again if you're that desperate, the 2nd way to go about this is to get a joint loan. Than you have to provide proves to the bank that you're servicing the RM31k with monthly repayment i.e. paying consistently monthly without miss.