Debt consolidation Plan

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melbourne10

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Iwanttobehappy said:
The person handle your case v good .. they din call me leh.. sorry can I check your cc also hh ? Hmmm your amount big ? My is HH and abt $65k
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Is your default because of late payment (current to 29 days past due), or didn't pay at all for 90 days or more?
 
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Iwanttobehappy

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melbourne10 said:
Is your default because of late payment (current to 29 days past due), or didn't pay at all for 90 days or more?
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That 2 abt 2 payment .. less than 90 days .. I did try paying but all go to the interest .. the rest I paid the min promptly ..y ??
 
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melbourne10

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no la i'm just thinking, the first line, if it's 12 As, then it shows that u are able to pay on time (or not later than 29 days) every month for the past 12 months, so... if every account AAAAAAAAAAAA then no issue, right.
 
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melbourne10 said:
A bit too late. HSBC only offered me the promo EIR till 28/2. I only need 1 FI's letter but I doubt it will reach before then. Going to move ahead and submit the HSBC application, using the Feb17 statement first.
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normally banks can give you the letter in 1-3 days. You can collect the letter at the branch.
 
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Mine is HH it's quite bad not favourable news he just update only fingers crossed lo
 
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melbourne10

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Iwanttobehappy said:
And citi still reject ?? Omg
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The guy who was assisting me said can try again, but try other banks first. I rly think it's cuz my submission was very messy. A lot of screenshots instead of statements and letters. Idk man. My rating is FF leh. Few more points and it will be EE. Hmm...
 
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Credit assessment involves many factors besides credit ratings, age, occupation, salary, tenure in current job amongst many others all plays a part..Just my 2¢ worth of opinion..I am not sure about DCP assessment..But for SME loans, DBS criteria is the most lax. UOB is niao

melbourne10 said:
Yeah I know. Overall HH. But I heard (don't quote me) that they look at the AAA line also.
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melbourne10

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Carlingford said:
Credit assessment involves many factors besides credit ratings, age, occupation, salary, tenure in current job amongst many others all plays a part..Just my 2¢ worth of opinion..I am not sure about DCP assessment..But for SME loans, DBS criteria is the most lax. UOB is niao
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End of the day is whether can pay back. But to be frank, if an applicant can service the monthly repayment for all CC and OD accounts, no reason why he or she can't service the DCP repayments...
 
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