When u r broke n down, all siam u like a ghost, women will readily to shout molest n rape upon seeing u. So u think those cooperative etc will want let u borrow? But when u r rich, u don't need to spend money, all ppl will want to treat u eat free meals, banks will give u free money just to use their cards n women will also want let u **** for free.
Debt consolidation Plan
- Thread starter deadlockb
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When u r broke n down, all siam u like a ghost, women will readily to shout molest n rape upon seeing u. So u think those cooperative etc will want let u borrow? But when u r rich, u don't need to spend money, all ppl will want to treat u eat free meals, banks will give u free money just to use their cards n women will also want let u **** for free.
Fr33kyface
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Can PM me the CSO number? Thank you.
hclee01
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You can refer to this website for details:
https://www.tcc.org.sg/Consolidation-Loan
https://www.tcc.org.sg/Personal-Loan
Do note that they will need guarantor for the loan.
kaypohchee
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Better than banks? Tcc is local money lender or bank or cooperative etc?
hclee01
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This is the interest rates and processing fees quoted:
Interest Rate: 6.99% per annum (flat rate)
Processing Fee: 3% - 5%.
They are a cooperative.
yes dmp will not be able to help on ML debts so avoid going down that route.
always avoid ML at all cost.
it was 4yrs+ ago so exact details cant remember.
but my gross per mth was around 4-5k+ back then including OT., yr end bonus also fixed.
my first round of approval banks actually wanted me to pay more each mth due to my high gross and they also looked into how much my wife earns. but at that point of time i had a leg injury that doesn't allow me to chiong overtime so my gross dropped.
and i die die tried to convince my ccs cso that i dont wanna involve my wife, so she tried her best to help me.
i owned a bto also and they will also ask u to consider renting out a room to help pay debts. my wife just nice was also pregnant so alot of factors helped push my monthly payment down abit.
they finally agreed to use my basic pay excluding overtime to calculate my final payment, my basic was around 3k+ , take home was around 2k+ , so after deducting 1.3k+ per mth, life was a little hard as my wife was pregnant with my first kid.
but lucky for me i have 2 bonus per yr and during this 2 bonus period, they didnt expect me to full and just pay normally as per agreed, so i have extra to tide through.
so stuffs they consider to minus off your monthly pay is.
-grocery
-allowance u give parents
-wedding/funeral - angbao/peh kim (they consider this and average out)
- bills
- medical
- insurance
- entertainment (weekend entertainment spending)
- cigarette if u smoke.
- kids
jus declare realistically and the ccs cso will help u adjust accordingly but of cos final approval will be from all the banks.
i checked back my past emails.
ccs will use combined household income to calculate, so spouse income also have to provide to them, payslip.
all telco bills, sp bills, insurance etc all gotta forward to them also. alot of factors will determine the final payment.
but they will ask for alot of documents for proof to backup your statements. everyone situation is different so the final payment how they access will be different.
just declare upfront all your commitments, if have kids then say wife income will be used for the kids and own income to solely be considered for dmp.
ccs will advise and help accordingly.
ccs will use combined household income to calculate, so spouse income also have to provide to them, payslip.
all telco bills, sp bills, insurance etc all gotta forward to them also. alot of factors will determine the final payment.
but they will ask for alot of documents for proof to backup your statements. everyone situation is different so the final payment how they access will be different.
just declare upfront all your commitments, if have kids then say wife income will be used for the kids and own income to solely be considered for dmp.
ccs will advise and help accordingly.
AppleRing123
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Hi pororokia
Dont mind me ask, does your company know about your ccs? Did they check?
Dont mind me ask, does your company know about your ccs? Did they check?
my company didnt know abt this, or i dont know if they know anot.
but for the so many yrs in cc debts, so far all ok for me, still working in the company.
but i think different company works differently.
U dun pay sure they chase u what..they are are business not charity.
Hi there, I had applied DCP with few banks 6 months ago and all was rejected. I own $68k on unsecured loans and credit cards. And 23k on secured loan. I earns more than 40k a year and nv late payment before but just have no idea why. I totally lost hope in DCP and only can keep working to pay off with my family mouth need to feed too.
Few days ago uob called me again and ask me to try again as this officer really wanted to help. Since I have nothing to lose. I try again and I just received the call this morning that my DCP approved.
Few days ago uob called me again and ask me to try again as this officer really wanted to help. Since I have nothing to lose. I try again and I just received the call this morning that my DCP approved.
from my understanding, your credit rating plays a big part. also the outstanding balance must be 12 times your monthly salary.
i got rejected by HSBC and Maybank before being approved by UOB. my rating was HH.
if you have a HZ rating, then most banks will reject you. what u can do is to improve your credit rating by prompt payment and reduce use of the credit cards....
Don't you know what is debt collector?
Maybe I can help by posting the uob officer name and number here. She will try her best to help u as she tried her best to help me. Good luck guys and congrats to those who got approved a much less burden for us. Do not give up.
Ms Ruba : 96367895
Ms Ruba : 96367895
Does not affect HDB loan. But it will affect renovation loans if you wish to take this up in future..
If u get DMP, think u not supposed to have savings, insurance or fresh loan from any financial institutions. Even for HDB loan, go check their website cos think got some requirements on the monthly bill payment percentage. Correct me if I wrong.
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