Debt consolidation Plan

[Carlingford]

I reckon it is including the buffer..

The 18x is after adding the 5% buffer or before?

HTTPS://restartingmylifeblog.wordpress.com/ HardwareZone Forums app

 

[Taurusmay]

Thank you everybody for the suggestions. I feel at least somebody listening to me.....

1) i will try up the debt relief plan with HSBC when they email me the form

2) already contacted CCS for the talk they fixed up for me

3) Std Chartered called me this afternoon to promote DCP but i was busy at work so i guess i will consider ba while waiting for HSBC.

Actually i oso backside itchy. My 84K is mostly o/d loan which will paid up in 3yrs time and i tried taking up this DCP and got rejected tats why lead to all these issies now

 

[Taurusmay]

But if i take up only HSBC own debt relief will other bank really come after me??? Cos at 5k if based on 18mth new ruling i am still at 90k leh and my debt is 84k. Im worried......

 

[CeSaRiO]

Thank you everybody for the suggestions. I feel at least somebody listening to me.....

1) i will try up the debt relief plan with HSBC when they email me the form

2) already contacted CCS for the talk they fixed up for me

3) Std Chartered called me this afternoon to promote DCP but i was busy at work so i guess i will consider ba while waiting for HSBC.

Actually i oso backside itchy. My 84K is mostly o/d loan which will paid up in 3yrs time and i tried taking up this DCP and got rejected tats why lead to all these issies now

Well, all of us have their own phase. Just need to lend a helping eye and heart..

 

[CeSaRiO]

But if i take up only HSBC own debt relief will other bank really come after me??? Cos at 5k if based on 18mth new ruling i am still at 90k leh and my debt is 84k. Im worried......

Why not ask the Collection team on the impact on your **?

Alternatively, another way will be to face the music, borrow from your love ones to pay down your HSBC outstanding and then apply for DCP.

 

[colheng]

A question for those that got Citibank approved.

I got some SMSes that a certain amount has been deducted from the DCP account for bill payment today.

How many days later does Citibank actually pay the other banks?

Hopefully someone who got Citibank approved can clear my doubts.

Thanks.

 

[melbourne10]

A question for those that got Citibank approved.

I got some SMSes that a certain amount has been deducted from the DCP account for bill payment today.

How many days later does Citibank actually pay the other banks?

Hopefully someone who got Citibank approved can clear my doubts.

Thanks.

Within 2-3 days of withdrawal from your RCPL.

 

[melbourne10]

Mine all settled within a week, under Citi.

 

[melbourne10]

Enjoy ur sleep tonight, Carlingford bro. I rly slept well the day Citi called me with good news.

But now got other headaches haha.

 

[melbourne10]

Thank you everybody for the suggestions. I feel at least somebody listening to me.....

1) i will try up the debt relief plan with HSBC when they email me the form

2) already contacted CCS for the talk they fixed up for me

3) Std Chartered called me this afternoon to promote DCP but i was busy at work so i guess i will consider ba while waiting for HSBC.

Actually i oso backside itchy. My 84K is mostly o/d loan which will paid up in 3yrs time and i tried taking up this DCP and got rejected tats why lead to all these issies now

Try Maybank and SCB concurrently. Then in the meantime, attend info talk by CCS. Cover all bases.

In the meantime, try your best to negotiate with HSBC.

 

[Centralcoast]

Mine all settled within a week, under Citi.

Same goes for hsbc although abit messed up missed one credit lines lol. Overall quite fast with the cards but still waiting for the approval lwtter

 

[Centralcoast]

Try Maybank and SCB concurrently. Then in the meantime, attend info talk by CCS. Cover all bases.

In the meantime, try your best to negotiate with HSBC.

Yes I think negotiate with hsbc but remember one of the bro here got his citi account closed after he paid off the over limit.

So I guess he should take up the debt relief program with them so that they will not ask for the full payment when they closed his account

 

[melbourne10]

His headache is, he doesn't want HSBC to inform the other banks.

Hopefully they don't do that. Faster apply DCP from other banks while you can.

 

[Twilightzone]

i actually spoken to one HSBC officer which she will email me the debt relief plan which if i go for it my card will be suspended and CBS will be informed too. Just worried if other banks will also come after me after this. So sad.....

Your 85k debt is total debt right?

I once asked SCB before.. confirm credit rating will be affected. SCB cc terminated but not sure if will result other banks from chasing the rest of the debt.

 

[Twilightzone]

Same goes for hsbc although abit messed up missed one credit lines lol. Overall quite fast with the cards but still waiting for the approval lwtter

Within a week! I'm still biting my nails here though 3 days have past only. Lol

 

[Centralcoast]

His headache is, he doesn't want HSBC to inform the other banks.

Hopefully they don't do that. Faster apply DCP from other banks while you can.

I think his cbs rating will show so he can't hide. Either he get debt relief from all banks or try dcp with another before the situation worsen.

 

[Iwanttobehappy]

I was HH and applied successfully through MBB after second attempt.

1st attempt HSBC failed.....

Sorry .. can know your NOA , Loan Amt and years ?

 

[Centralcoast]

Within a week! I'm still biting my nails here though 3 days have past only. Lol

Don't worry, they will pay since already approved. My citibank cc loans and credit lines loans all calculated with cancellation fees resulting my cc to have over limit charges. Once they cancelled all loans, finances Charges starts from that moment on, that's very cunning. After all I'm always paying on time so why should I pay for this unnecessary charges but bo Bian can only suck thumb

 

[Twilightzone]

Don't worry, they will pay since already approved. My citibank cc loans and credit lines loans all calculated with cancellation fees resulting my cc to have over limit charges. Once they cancelled all loans, finances Charges starts from that moment on, that's very cunning. After all I'm always paying on time so why should I pay for this unnecessary charges but bo Bian can only suck thumb

Cancel cc got cancellation fee???? Wth
Cannot ask for waiver?

 

[melbourne10]

Can ask for waiver dude. I have banks who waived my most recent month's interest charges. Your mileage may vary.