Debt consolidation Plan

[simoleon27]

thanks. i seriously thought of considering legit money lender to pay off the banks a while back. but i saw the amount you can borrow is quite limited and not even enough to pay half my debt. very sian. i went for the CCS talk earlier this month but without prompt from the banks (also googled it by chance) was surprised to see so many attendees. didn't realise there are a lot of people out there who are in similar situations.

 

[Balehbt]

How can get a reno loan when u are not doing reno at hm

Exactly right?! I find it so dodgy. Please be careful everyone.

 

[simoleon27]

ok my income

net : 2900$
other income : 1200$
sideline income : 1000$

i didnt declare my other income apart from my net income. so if ccs accept i still got 3k to spare monthly.

wow thats good my net income only 3300. my debts are really killing me esp after i missed one payment, everything took a turn for the worse. barely been surviving since august.

 

[KKK1978]

What sideline and other income u hv? Can share lobang. I wana take some side income as well

wow thats good my net income only 3300. my debts are really killing me esp after i missed one payment, everything took a turn for the worse. barely been surviving since august.

 

[kaypohchee]

They will sue u for bankrupcy

Ya .... won't ever kena jail for debts
Not a real "crime" as such .. as more bad luck than anything ...

See the self-bankruptcy thread
A real headache-problem true solution
Get real PEACE of mind etc ...

CAN travel overseas but only after obtaining approval from OA
Of course must be in good Green Zone

 

[regrettothemax]

Anyone has helpful CSO from Maybank/HSBC/UOB don't mind sharing please?

 

[montchew]

I chanced upon this very active thread and hope to get some answers here:

How does CBS determine our score?

2 yrs ago I had HH score but fully cleared my liabilities. I have been trying to repair my credit score ever since. Early this year, score was CC. In June, it became BB. I continued to use my just 1 card and made full payments every month. This morning when I bought my CBS report, i had a shock and saw HH.

Called the officer and she just said they have an algorithm to calculate which doesnt make sense at all. She said she and her colleague were looking at the report and did not understand why this happened as well. Called up my only credit card bank DBS and the officer said my payments are extremely prompt and in full.

I am wondering is it i made a big purchase for insurance premiums a few days back using my card (which I already paid in full at axs) that caused a sudden surge in usage = high risk?

Or the officer said may be because one of the cards with good payment is removed from my archive due to 3 years lifespan, which caused a drop in aggregate (average) score?

Im thinking of going to the MP if i dont get a satisfactory answer from cbs.

 

[licious]

is there anyone approved with HH rating? if yes which bank u apply? please help.

Maybank. HH grading

 

[Balehbt]

​

Maybank. HH grading

Did you have an account with MB prior to your application for DCP?

 

[Balehbt]

UOB DCP

Folks, those who applied UOB but unsuccesful, did they SMS you?

 

[sneggg]

Folks, those who applied UOB but unsuccesful, did they SMS you?

when you apply ? nv with CSO ?

most banks do not notify for unsuccessful only notify the sucessful ones

 

[sgman88]

I chanced upon this very active thread and hope to get some answers here:

How does CBS determine our score?

2 yrs ago I had HH score but fully cleared my liabilities. I have been trying to repair my credit score ever since. Early this year, score was CC. In June, it became BB. I continued to use my just 1 card and made full payments every month. This morning when I bought my CBS report, i had a shock and saw HH.

Called the officer and she just said they have an algorithm to calculate which doesnt make sense at all. She said she and her colleague were looking at the report and did not understand why this happened as well. Called up my only credit card bank DBS and the officer said my payments are extremely prompt and in full.

I am wondering is it i made a big purchase for insurance premiums a few days back using my card (which I already paid in full at axs) that caused a sudden surge in usage = high risk?

Or the officer said may be because one of the cards with good payment is removed from my archive due to 3 years lifespan, which caused a drop in aggregate (average) score?

Im thinking of going to the MP if i dont get a satisfactory answer from cbs.

Was trying to read and understand and got a shock reading the above in red
In the first place, how many ppl actually understand what all those things in cbs report mean. I try read my cbs, it looks meaningless to me.

 

[dslin2]

Just wish to share that today I receive a letter from ccs stating that my DMP is approved by most/all banks. Finally a sense of relief. For those still in the ccs process, pls endure on. I was also very troubled by my debts. Just fyi that the whole ccs process took me about 7 weeks from going to the 1st info talk till approval. I am really discipline to clear all my debts and hope to start afresh.

 

[Jaychou1309]

Anyone has contacts for UOB? I tried to submit the online form but got stucked at confirmation page.

I am HH 1664 rating. SCB told me not to bother if my rating is Hh. Hopefully UOB will accept me

 

[tehoice82]

+6568547719. this is uob loan associate. result normally out in 3 working days.

 

[tehoice82]

hi bros and sis

can advise me what is the difference between dmp and sgdebtbuster?

thanks

 

[licious]

Anyone has contacts for UOB? I tried to submit the online form but got stucked at confirmation page.

I am HH 1664 rating. SCB told me not to bother if my rating is Hh. Hopefully UOB will accept me

Try maybank. I got approved with HH and 1721 rating

 

[tehoice82]

i am also trying maybank and uob with HH. waiting for reply. hopefully good

 

[simoleon27]

can someone tell me when the bank approves ur DCP already, do they SMS or send a letter?

and if u applied to the same bank that ur salary is credited into, will a new account appear under loans/liabilities?

 

[simoleon27]

Anyone has contacts for UOB? I tried to submit the online form but got stucked at confirmation page.

I am HH 1664 rating. SCB told me not to bother if my rating is Hh. Hopefully UOB will accept me

wow SCB actually said that? not very helpful of them if thats the case because then a lot of HH rating people will feel helpless