Debt consolidation Plan

[Carlingford]

Yeah. The fulfilment officer submitted for processing yesterday..

U trying for maybank right

 

[goenitz33]

in terms of efficiency i am very surprised by Maybank for this.

because i had quite bad experience with them over the counter for some other issues thus i didnt consider them initially.

 

[deadlockb]

Need to generate new statements. The finance charges (interest) will be taken out of the excess before they send the excess to you.

So some banks can advise the finance charge on the spot but some have to wait for the statement.

Nvm, I got the bulk of it alrdy. Nice nice one month of installment to Citi.

i was told that we need to CLOSE the account to get the excess amount if any.If the account is in Suspended mode, they will not return the Excess amount in our account.Looks like by default its suspended mode for all accounts once dcp approved.

 

[Sighhhh]

in terms of efficiency i am very surprised by Maybank for this.

because i had quite bad experience with them over the counter for some other issues thus i didnt consider them initially.

Same here. Covered all bases I submitted to Maybank yesterday as well.

CSO KO is friendly and he submitted the application yesterday which is surprisingly fast since HSBC & CITI have requested for further RAS statements.

Good news please come!

 

[multi]

i was told that we need to CLOSE the account to get the excess amount if any.If the account is in Suspended mode, they will not return the Excess amount in our account.Looks like by default its suspended mode for all accounts once dcp approved.

Yes need to close account in order to get the excess back. Some bank worst, say have to wait till next statement then can refund in case of the account got other charges.

Sent from LGE LG-H990 using GAGT

 

[Carlingford]

So we submitted on same day...Hope for the best !

Same here. Covered all bases I submitted to Maybank yesterday as well.

CSO KO is friendly and he submitted the application yesterday which is surprisingly fast since HSBC & CITI have requested for further RAS statements.

Good news please come!

 

[Centralcoast]

Yes need to close account in order to get the excess back. Some bank worst, say have to wait till next statement then can refund in case of the account got other charges.

Sent from LGE LG-H990 using GAGT

Which "other bank" u referring to? So at least we know which bank very niao

 

[multi]

Which "other bank" u referring to? So at least we know which bank very niao

CIMB and BOC

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[Centralcoast]

CIMB and BOC

Sent from LGE LG-H990 using GAGT

Oh luckily I do not have any with them haha

 

[melbourne10]

CIMB and BOC

Sent from LGE LG-H990 using GAGT

UOB, ANZ too

 

[melbourne10]

Yes need to close account in order to get the excess back. Some bank worst, say have to wait till next statement then can refund in case of the account got other charges.

Sent from LGE LG-H990 using GAGT

Yeah some told me the exact same thing!

 

[Centralcoast]

Yes bro, received call from CSO this morning around 10am.

Bro, is your current credit facilities suspended since we got approved on the same day?

Just checked mine , dbs and citi credit facilities all suspended only left with ocbc still usable.

 

[melbourne10]

Bro, is your current credit facilities suspended since we got approved on the same day?

Just checked mine , dbs and citi credit facilities all suspended only left with ocbc still usable.

OCBC a bit slower. Don't use.

 

[Iwanttobehappy]

i think we got the same officer

Can give us his contact ? But I got no Maybank cc or account .. tried to find Maybank form but couldn't find it ..

 

[Iwanttobehappy]

Just want to give hope to all those guys applying for Maybank as mine got approved a couple of days back. i will like to second on MB good cust service as i was serve by this gentleman call KY in short and all those mention above are true. Fast and prompt update and all within 2 weeks.

i was rejected by HSBC before after which i tried MB. Details of my application is as below:

Credit rating: HH
Loan amount: 120k+
Tenor: 7 years
DTI: 18x
Impt: No secured loans on my end, only unsecured

Can share his contact ??

 

[brokeaf]

spoke with a maybank officer just now, and like the bros here have pointed out, they are really very helpful and earnest in answering my queries. the EIR on my maybank dcp form is 8.48% p.a. for 5, 6 and 7-year tenures, zero processing fee. he quoted around 3 weeks processing time max, but if things move smoothly, should be much faster than that.

only thing is, my boc is still pending, so not sure if i should wait a few more days first, or just send concurrently and see how it goes??? interest wise it's better than boc for sure

 

[endorphin]

hi.. seems like not many applied for OCBC dcp. I just checked my ** and saw i have a free ** report, n i saw my rating changed from hh to hz, and ocbc did an enquiry today, after over 1 month i submitted my application. really on tenterhooks, worried wat to do if my application is rejected. Hope you guys will hve gd news in your applications!

 

[melbourne10]

hi.. seems like not many applied for OCBC dcp. I just checked my ** and saw i have a free ** report, n i saw my rating changed from hh to hz, and ocbc did an enquiry today, after over 1 month i submitted my application. really on tenterhooks, worried wat to do if my application is rejected. Hope you guys will hve gd news in your applications!

Try Citi, BOC, Maybank and UOB. In that order.

 

[hbgoh82]

Applied hsbc dcp on 18/2, approved only on 27/3. Took more than a month for the approval. First time applied, currently under RAS. Now 1 FI easier to pay, rather than many FIs & different due dates. Havent received anything, only the sms. IBs got put up a new savings account as of today.

Rating BB. EIR around 6% when approved. Applied walk-in at Liat towers branch, he said 7%.
Loan amount + buffer 100k. Take 5 years.

 

[endorphin]

Actually what's the difference between hh and hz? which is worse? i remembere there was an earlier post about someone's application being approved and his ** rating changed from hh to hz. is that right? anyone tried ocbc? how do they actually let us know the outcome of the application? i don't want to keep calling my cso to ask.