@SKY 1809,
muAHahAHahH Ur absolutely right! I ain't parting with my hard earned $

At least, you do not to put in effort to do marketing here, mah. Why need to work on weekends ?

Actually a big market for your money with many potentials, with double digit returns, better than Bursa.

Dig one hole to cover another hole ? maybe you can restructure your debts, but why get one loan to pay off another ? how are you going to pay off the loan you got to pay the loan ? get another loan ?

@SKY 1809,
Got work to do so got to work lah *doh*

@wodenus,
Let's just wait for TS to respond

@tinkerbel

maybe

@SKY 1809

by telling the truth ( by TS) , we may get finance lession on it ..keke..just kidding ya.

halo......where can get one shot pay 13k...if can...i don't need your help or advise la.......do u understand?

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Added on July 15, 2008, 11:44 pmhalo......where can get one shot pay 13k...if can...i don't need your help or advise la.......do u understand?

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Added on July 15, 2008, 11:49 pmU think I'm stupid?....not loan shark la....but other options.....If i want to land money from loan shark, better directly contact them...not in this forum. aiyo!!

This post has been edited by peyot: Jul 15 2008, 11:49 PM

TS, there is no free lunch in this world, no one would give u a low % loan except ur relative / family members, think.

if ur income is ok now, u will know wat to do to clear the 13K debt.

By replying like that, I can tell you are kinda intelectually challenged. Taking a loan to cover another loan just caused you 'think' that your income is good now? Like one of the forummer said, if your income is really that good, you can settle your 13k loan in one year. NOBODY ASKED YOU TO SETTLE ONE SHOT. But no, you need to spread it to FOUR years. So wake up dude, your pay is not sufficient to warrant another loan. If you feel like digging a grave by all means do.

If anyone would like to apply Bank Rakyat, do call me at 012-3626046. blacklisted accepted........

what are your rates? need a guarantor? probably yeah...

@peyot,
Of course I understand - perhaps Ur the one who doesn't! And our lives still goes on whether or not U take the loan; we're just concern about U raking up more loans in the process of settling this one.

If ur hoping to get unlisted just so U can secure a home loan, U better think it through to make sure U haf sufficient cash flow to service all ur loans. Do U oredi haf some cash put aside for emergency purposes? What if U lost ur job? How many months reserve (in cash) have U got?

you can borrow up to 75% of gross income actually.

If you're salary is high maybe yes.
Take this calculation:
RM5,000 salary - RM1,250 left over (25%)
RM2,000 salary - RM500 left over (25%)

So would you lend to a person with a salary of RM2,000 knowing that after repaying his loan he is left with 25% of his salary i.e. RM500 to survive? RM500 to be used for his daily expenses?

@b00n,
If I'm paid based on total loan amount then who cares whether he can pay or not; as long as it meets min bank requirement I'll approve the loan

If I own the bank, I'll definitely reject his application

now Bank Rakyat Have open loan until 15 years..... rate 5.9%........
for 10 years is 5.7%.....

To reiterate, 1/3 of your salary is used for your loan application because its assumed that you will have loans with other banks. Otherwise its 3/4 outright. If your CCRIS score is satisfactory, the risk levels you are in whether you are approved or rejected is solely determined by your length of employment in one company. For example a 5k a month applicant will be considered high risk and may be rejected if he changed job every year vs a 2k a month applicant if he has been in the same company for 2 years or more.

And, to calculate in this manner is wrong. You have forgotten one major thing. Taxes. In other words, whether you are a RM2k/mth, RM5k/mth, or even up RM40k/mth, it will all ends up the same unless you evade tax but that means you can forget about getting big loans.

if you are blacklisted, this is doubtful.

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Added on July 18, 2008, 1:47 amIf you have a Moneylending license as issued by the regulatory authorities, and your agreement follows the guidelines as per the license, then yes, you can proceed with a claim against the borrower. Actually, you can proceed with a claim against the borrower provided they breached any of the covenants / trigger points in the standard agreement (Note: Variations to the standard agreement require consent of the regulatory authorities).

However, if you do not have a Moneylending license, your agreement is very likely unenforceable. You did not have the permission of the regulatory authorities to conduct a Moneylending operation.

This post has been edited by Playbook: Jul 18 2008, 01:47 AM

what is they sign the I owe U form and get the commisioner for oaths signature

Borrow 1k in Jan. Return 5k in June. Wah, that is worst than loan shark!

i think i can help to arrange the loan. for blacklisted also can.... just pm me your phone number..... i'll try help to solve your problem.... i know a few friend that have connection with banks....