Debt consolidation Plan - Part 2

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Anewhope

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Hi im on dcp with citi 42/60 now. Was wondering if anyone has payed more than the monthly minimum? Is it advisable? Reason is i want to clear faster hopefully somewhere this year. I know its abit too late to ask but better late than never. Also i were to ask for early repayment, u think possible to get the bank to waive the early repayment fee?
 
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dimitri_can

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Anewhope said:
Hi im on dcp with citi 42/60 now. Was wondering if anyone has payed more than the monthly minimum? Is it advisable? Reason is i want to clear faster hopefully somewhere this year. I know its abit too late to ask but better late than never. Also i were to ask for early repayment, u think possible to get the bank to waive the early repayment fee?
Click to expand...
I don't think they will waive. I ever asked Maybank before.
Just put the money inside, let them slowly deduct.
 
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Faith2Happy

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Anewhope said:
Hi im on dcp with citi 42/60 now. Was wondering if anyone has payed more than the monthly minimum? Is it advisable? Reason is i want to clear faster hopefully somewhere this year. I know its abit too late to ask but better late than never. Also i were to ask for early repayment, u think possible to get the bank to waive the early repayment fee?
Click to expand...
What a coincidence! I am at 42/60 this month ! IF you have good solution, please share. I tried to consult SCB , but seems better to keep as current plan up to completion of 60.
 
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Bamster78

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Hi I need some advice.

I am thinking to refinance my DCP.
I have completed 32/72.

Can I arrange to refinance with another bank?
 
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villan

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may i know for DCP income requirements, do they look at your latest payslip or last years NOA?
once hit 120k, confirm wont qualify??
 
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c00lguy

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seeking for advices!
I am currently oweing bank 50k total in debts
48k in LML. Plus other bills and stuff. Total 200k debts. Should I go for DCP?

I am holding a professional agent self employed job. Yearly can earn around 100k-300k.

I am facing difficulties to paying off debts this month. due to the commission not so soon coming in. I am not scare I cannot pay off my debts. Just that I need more time to focus on my sales and within 1 year I can clear off.

I have maxed out my credits line. Anyone can advice me which company is the best to go?

not sure if I go for DCP will affect my job. Now very stressful.
 
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