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Old 19-02-2017, 12:12 PM   #61
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Actually i m thinking . Out of the so many banks , which bank will be more easier to apply ... as in not so strict ?
nobody will know you just got to try
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Old 19-02-2017, 12:46 PM   #62
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nobody will know you just got to try
Ya I tried dbs .. thinking "family" bank .. I m thinking local bank more ok ???
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Old 19-02-2017, 10:09 PM   #63
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This is an ABS initiative.

As long as you meet the requirements and are eligible, no harm trying.

Of course, a good credit record and job history won't hurt.

They will assess if you are indeed able to pay the monthly amount for the time period selected, ie can this customer pay the installment, monthly, for the next 7 years (UOB is 6, Citi is 7 max)
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Old 19-02-2017, 10:10 PM   #64
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Ya I tried dbs .. thinking "family" bank .. I m thinking local bank more ok ???
Hahaha from my years of dealing with the banks, HSBC and Citi are the friendly ones. UOB also not bad. OCBC on the other hand... Pfft. No experience with DBS.
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Old 19-02-2017, 10:11 PM   #65
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Ya I tried dbs .. thinking "family" bank .. I m thinking local bank more ok ???
The idea of family bank died with DBS took over POSB. Hahaha.
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Old 19-02-2017, 11:20 PM   #66
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Hahaha from my years of dealing with the banks, HSBC and Citi are the friendly ones. UOB also not bad. OCBC on the other hand... Pfft. No experience with DBS.
Ya I also agree ocbc not very ok ..
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Old 19-02-2017, 11:21 PM   #67
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The idea of family bank died with DBS took over POSB. Hahaha.
Ya I know but my first thot was to apply with dbs .. 🙏🏻🙏🏻🙏🏻...
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Old 20-02-2017, 12:52 AM   #68
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Ya I know but my first thot was to apply with dbs .. ������������...
From hsbc websites, one to seven years tenor HSBC rate is 4.7% flat rate, EIR 8.5%. seems like much lower than DBS. Have you asked HSBC? DBS EIR could be more than 12%?
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Old 20-02-2017, 07:23 AM   #69
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From hsbc websites, one to seven years tenor HSBC rate is 4.7% flat rate, EIR 8.5%. seems like much lower than DBS. Have you asked HSBC? DBS EIR could be more than 12%?
Actually I did not compare and I knew there was such plan to help us . I just went for dbs .. just hope it will b approved and I just pay to one bank monthly and all the problem will b solve in 8 years ..?
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Old 20-02-2017, 07:56 AM   #70
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From hsbc websites, one to seven years tenor HSBC rate is 4.7% flat rate, EIR 8.5%. seems like much lower than DBS. Have you asked HSBC? DBS EIR could be more than 12%?
HSBC looks good eh.
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Old 20-02-2017, 08:19 AM   #71
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From hsbc websites, one to seven years tenor HSBC rate is 4.7% flat rate, EIR 8.5%. seems like much lower than DBS. Have you asked HSBC? DBS EIR could be more than 12%?
Have applied HSBC, now waiting for approval. So far they are the lowest. Also, processing fee is waived. Pls be wary of the processing fee, some can go as high as 2-4%. Imagine you borrow 60k, processing fee will be $1.2K added in.

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Old 20-02-2017, 09:29 AM   #72
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Have applied HSBC, now waiting for approval. So far they are the lowest. Also, processing fee is waived. Pls be wary of the processing fee, some can go as high as 2-4%. Imagine you borrow 60k, processing fee will be $1.2K added in.
How u apply ? Thru their branch or ?? .. I was thinking foreign bank will b more stricter ..
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Old 20-02-2017, 09:50 AM   #73
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How u apply ? Thru their branch or ?? .. I was thinking foreign bank will b more stricter ..
Just visit one of their branch with all your CC statements, Credit bureau report, income documents and IC. The CSO will key in all figures to see if you qualify or not. If yes, they will proceed.

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Old 20-02-2017, 10:04 AM   #74
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Have applied HSBC, now waiting for approval. So far they are the lowest. Also, processing fee is waived. Pls be wary of the processing fee, some can go as high as 2-4%. Imagine you borrow 60k, processing fee will be $1.2K added in.
My buddy just confirmed that Citi has no processing fee.
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Old 20-02-2017, 10:13 AM   #75
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My buddy just confirmed that Citi has no processing fee.
But interest slightly higher right?

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