Debt consolidation Plan

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Centralcoast

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multi said:
For those who have approved for sometime, do you receive statement from your DCP Bank to show how much they pay and to which account? So far, I have no idea how much HSBC pay to my CC and loan accounts. I just want to make sure that the loan figures tally with the total paid (including 5% buffer).
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I think have to trace back to individual statements. To my surprise, they overpaid some loans but missed out on one credit lines. Nvm I can request for excess withdrawal to pay the credit line instead. They disbursed all the money out on the same day as some personal loans needs a few days to update, so they have overlooked on one account

At least the major ones all settled. received cc and DC waiting for the approval letter
 
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melbourne10

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Centralcoast said:
I think have to trace back to individual statements. To my surprise, they overpaid some loans but missed out on one credit lines. Nvm I can request for excess withdrawal to pay the credit line instead. They disbursed all the money out on the same day as some personal loans needs a few days to update, so they have overlooked on one account

At least the major ones all settled. received cc and DC waiting for the approval letter
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Did u call in to enquire? Check your DCP account, if there is enough balance there to cover the credit line, ask them to do the MEPS transfer.
 
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Centralcoast

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melbourne10 said:
Did u call in to enquire? Check your DCP account, if there is enough balance there to cover the credit line, ask them to do the MEPS transfer.
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Not yet but from my calculation all funds disbursed. I don't see any dcp loan account in ibanking so I also don't know.
 
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melbourne10

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Centralcoast said:
Savings account with no funds, it's for repayment purposes. So we won't know how the funds were disbursed
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That's in the final approval letter. They give a table with the name of bank and amounts disbursed.

Citi's procedure but I assume all banks will have the same procedure la.
 
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Carlingford

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I just checked out my CBS report, HSBC finally did a check on my CBS report..but something strange happened to my ratings, it plummeted all the way down to HH ! (I was on GG ratings in early March, then to DD in mid March & now HH)...siao liao...could it be that HSBC rejected my application ?
 
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Centralcoast

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Carlingford said:
I just checked out my CBS report, HSBC finally did a check on my CBS report..but something strange happened to my ratings, it plummeted all the way down to HH ! (I was on GG ratings in early March, then to DD in mid March & now HH)...siao liao...could it be that HSBC rejected my application ?
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Just give them a call. Maybe approved liao
 
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CeSaRiO

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Carlingford said:
I just checked out my CBS report, HSBC finally did a check on my CBS report..but something strange happened to my ratings, it plummeted all the way down to HH ! (I was on GG ratings in early March, then to DD in mid March & now HH)...siao liao...could it be that HSBC rejected my application ?
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Yup give them a call.. :)
 
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