[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.

@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....

you can minimalize your tenure if you pay more

let's say your current installment is RM200, then make it to RM500. Then your 13k will be cleared faster, mayb less than 2 years? talk to your banker regarding this .

even if u decide to take a personal loan, for u to be eligible to buy a house would take a year or two. so just increase your monthly repayment with a good maintenance of schedule paying. your blacklist would go off within 2 years


what they mean is not one shot pay 13K but increase your monthly payment back, then you could finish your loan ASAP

goto this website.
http://www.akpk.org.my/

talk to the people there, they can help you.
they may even be able to get the banks to waive all the overdue interests for you. this will reduce your debt very much.
goodluck.

Hey U!! If you cannot help...just shut up!!!!!!!

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Added on July 27, 2008, 9:54 pm thats why u dont have a bank

This post has been edited by peyot: Jul 27 2008, 09:54 PM

@peyot,
Don't be too sure I've no influence over certain decisions made with the bankers

So, did U get ur loan oredi?

RM13K? i do owe a bank 16K before due to CC, guess what, 1 day collector call me up make a offer to me, installment and full payment, i choose Fullment 1 shot, because it reduce from 16K to 8K, and finally i settle my loan, I can sleep everynight without worrying loan etc worry about future home loan, and ofcos i spent money like water when i was young, that is what i pay for today. and lastly I'll never blame any1, all my fault.

seriously 13K is not much, if your salary is so high which u mention before, i dont see any problem settle ur existing 13k deb..

This post has been edited by Walbur: Aug 29 2008, 10:50 AM

im totally agree with her..btw, since u have extra money y x u settle ur debts..regularise ur payments..then better chance 4 ur loan 2 b approved

as i know there is some loan called 'koperasi loan'
which not relate to bank list,will this helped peyot?

wait a minute, i want to know sumthin, if u still paying/serving the loan, how come u are still blacklisted?? isnt it if u dun pay then only u are blacklisted?? sumeone care to explain?

[quote]wait a minute, i want to know sumthin, if u still paying/serving the loan, how come u are still blacklisted?? isnt it if u dun pay then only u are blacklisted?? sumeone care to explain?[quote]
doesn't care how much now you paying back to the bank each month, once you have any outstanding payment yet settle it with your bank, your CCRIS report with show.

and there is nothing call blacklist, it's just a CCRIS report that every loan officer will look into it before proceed ur loan request.

Once u've blacklisted by Bank Negara, eventhough u settle ur loan and no more owing banks, ur name wont be clear so fast.It is still under blacklisted list.

u have to wait at least 12 months for your name to be cleared from CCRIS

if you can't afford to pay back 13K, you fail. Don't bring other people down with you. Kthnxbye

......... no sane people will lend you(stranger) money/ help you get loan...only stupid people do that......or loan shark

you have no common sense....no wonder bank reject your loan

An idea sparks in your brain & you wanted to risk realize it with someone else $. it's just unfair.

tis "PEYOT" fellar shouldnt deserve any advise!
People giving advise somemore wanna talk with tat kind of tone.
Guys stop tis tread.
let him find his way!
U'll die with ur "HUTANG"!!!!

kuang....kuang....