Debt consolidation Plan

[ohsoon]

The banks will refresh and see balances current to one month behind, so April on their end will show March.

Consumer report, April will show Feb cuz ours is two months behind.

Thanks for the useful information

 

[CeSaRiO]

No no .. dbs rejected me and I wanna give up Liao until saw one bro HH also approved at mbb .. hope mbb will approve n live me a new life ..

Just try with Maybank. They've got no cap at 16x as compared to the rest of the banks. BOC still has a cap of 16x

 

[Carlingford]

Thanks bro...For the CCS..The timeline given by the counter staff is more accurate than the ones indicated in the email


Congratulations bro! Well deserved after all this headache with Banks....[/QUOTE]

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[Carlingford]

Thanks bro !!

Oh I see, thanks.
And a belated congrats to Carlingford!

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[Carlingford]

I just received a SMS from HSBC that all my unsecured credit facilities are closed following the approval of my DCP application, but will check on the status of my cards with other banks at a later stage. (busy with work today).

I have just update my blog.

 

[Sighhhh]

HSBC said my DCP will be finalized by tmr. Can call back tmr to check.

Hands are all sweaty and heart jumping out.

Arrghhhh

 

[Carlingford]

HSBC said my DCP will be finalized by tmr. Can call back tmr to check.

Hands are all sweaty and heart jumping out.

Arrghhhh

All the best bro...when did you submit it ?

 

[Sighhhh]

All the best bro...when did you submit it ?

Submitted 29/03.

Trying to stay positive!!

 

[Carlingford]

Submitted 29/03.

Trying to stay positive!!

Power lah...7 working days...can understand the feeling...emotional rollercoaster

 

[Centralcoast]

I just received a SMS from HSBC that all my unsecured credit facilities are closed following the approval of my DCP application, but will check on the status of my cards with other banks at a later stage. (busy with work today).

I have just update my blog.

Haha I think most of u do received but I didn't only received SMS yest on the repayment amount and start of repayment date. Approval letter not received yet

 

[CeSaRiO]

Maybank really react damn fast.

Documents was submitted yesterday afternoon and they called me in the evening to make some amendments to my USD CC and the list of outstandings. Just signed and sent back to them. Now hope for the best...

 

[multi]

Haha I think most of u do received but I didn't only received SMS yest on the repayment amount and start of repayment date. Approval letter not received yet

For me is SMS come first, telling me the Credit Card is approved. Next SMS is DCP approval and all unsecure facility will be suspended. One week later, letter came telling you the loan amount and the instalment due date. Check your iBanking see if got new account open for you.

After all that, it's time to go account closure and demand over payment activity. Calling and visiting branches to submit forms for closure.

I only received 3 payment to me out of 10 bank. When they owe you, slow in payment. When we owe them, they demand fast payment.....

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[Carlingford]

Yeah. I saw the new savings account has been set up in I banking, but no SMS on approval of CC...

For me is SMS come first, telling me the Credit Card is approved. Next SMS is DCP approval and all unsecure facility will be suspended. One week later, letter came telling you the loan amount and the instalment due date. Check your iBanking see if got new account open for you.

After all that, it's time to go account closure and demand over payment activity. Calling and visiting branches to submit forms for closure.

I only received 3 payment to me out of 10 bank. When they owe you, slow in payment. When we owe them, they demand fast payment.....

Sent from LGE LG-H990 using GAGT

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

 

[Carlingford]

Maybank really react damn fast.

Documents was submitted yesterday afternoon and they called me in the evening to make some amendments to my USD CC and the list of outstandings. Just signed and sent back to them. Now hope for the best...

Yeah..Maybank is very fast action 1...the one who called u up is the fulfillment officer right ? After you scan back with your counter-signature then they will go straight for processing liao.

 

[Centralcoast]

For me is SMS come first, telling me the Credit Card is approved. Next SMS is DCP approval and all unsecure facility will be suspended. One week later, letter came telling you the loan amount and the instalment due date. Check your iBanking see if got new account open for you.

After all that, it's time to go account closure and demand over payment activity. Calling and visiting branches to submit forms for closure.

I only received 3 payment to me out of 10 bank. When they owe you, slow in payment. When we owe them, they demand fast payment.....

Sent from LGE LG-H990 using GAGT

There will be a new account in ibanking the dcp account?? Dbs quite fast, I requested them to transfer the excess to my posb savings on the day itself it's done. Ocbc and citibank needs to wait for statement date then can closed and withdraw excess funds . Ocbc can also request for them to transfer to your savings account with them , it will take 2 days though but still it will be faster than waiting for cheque to reach u. So far excess from dbs covered first installment liao.

Now only waiting for ocbc balance transfer account statement date to withdraw the excess to cover my credit line which they miss out

 

[Centralcoast]

For me is SMS come first, telling me the Credit Card is approved. Next SMS is DCP approval and all unsecure facility will be suspended. One week later, letter came telling you the loan amount and the instalment due date. Check your iBanking see if got new account open for you.

After all that, it's time to go account closure and demand over payment activity. Calling and visiting branches to submit forms for closure.

I only received 3 payment to me out of 10 bank. When they owe you, slow in payment. When we owe them, they demand fast payment.....

Sent from LGE LG-H990 using GAGT

So far do u know how much funds have they disbursed?

 

[CeSaRiO]

Yeah..Maybank is very fast action 1...the one who called u up is the fulfillment officer right ? After you scan back with your counter-signature then they will go straight for processing liao.

Yup. She told me she has submitted for me liao.. now waiting for outcome..

 

[Carlingford]

carlingford bro so yr ratio was 17 times ?

BOC was 16 max is it ?

Yeah. I just do a check on my application form.
Based on exact figures submitted, my ratio before the 5% buffer was 17.10. after 5% buffer would be 17.96. So in fact it's bloody close to 18 liao

BOC seem to be max 16 (I got rejected straight away by them, i believe i was the first one to submit to BOC in this forum).

 

[goenitz33]

Hmmm if u have a new cc acct setup with crazy available limit should be DCP approved right ? Lol

 

[Carlingford]

Yup. She told me she has submitted for me liao.. now waiting for outcome..

All the best bro...probably you can give the customer helpline a ring at 66684110 in middle of next week for any update on your status.