Debt consolidation Plan

[Inamess]

I’m not seeing how this smart.
At the end of the day this will still comeback to haunt u.
The whole atleast u have cash on hand doesn’t really help.

How are you going to comeback from taking the advantages?
Fight in casino?

Was actually thinking of this way. Cause buey tahan delay till let bank send letter out

 

[solarius88]

Please don’t do this.

It’s the 21st century everyone is entitled to their opinion.
If bumblebee can roast his parents so can people say their 2 cents.
Doesn’t mean u gotta follow the suggestions.

There’s always a way out.
There’s a guy here that declared bankruptcy and seems to be having a good time after.
I too applied dcp to clear my debts which just got approved.

Don’t lose hope

Was actually thinking of this way. Cause buey tahan delay till let bank send letter out

 

[Jojodespo]

Excellent advice. Far more better than the spammer below that’s encouraging gambling here lol.

Please don’t do this.

It’s the 21st century everyone is entitled to their opinion.
If bumblebee can roast his parents so can people say their 2 cents.
Doesn’t mean u gotta follow the suggestions.

There’s always a way out.
There’s a guy here that declared bankruptcy and seems to be having a good time after.
I too applied dcp to clear my debts which just got approved.

Don’t lose hope

 

[kenzai79]

Try UOB, HH 17xx too
I can share the CSO contact that helped me, but I’ll seek his consent 1st.

Thanks! Pls pm me once u have his consent.

 

[Handsome_guy]

Why you guys dun go for DRS? DCP does not seems to solve our issue.

 

[Satanchild666]

Why you guys dun go for DRS? DCP does not seems to solve our issue.

I believe they not eligible for DCP hence last few resort will be DRS and so forth.

 

[Satanchild666]

These two months I m struggling. No excess cash after paying debts n phone bills.

Similar like you. Got no excess cash, and only can rely on bonuses every a few months. Only then can spend a bit luxury. Otherwise normal months, got to struggle abit. No choice, endure a lil bit, once debt free can fully enjoy our salary as per last time when we all are debt free time.

 

[Obscurity]

Why you guys dun go for DRS? DCP does not seems to solve our issue.

Why DCP doesn't solve our issues?

Anyways DBS rejected my application but i havent ask why. Not sure if its due to my BTI 11.X

Is there a way to check why they reject? Also after their rejection can I apply for HSBC DCP right away? Or need to wait a few weeks/months.

 

[Inamess]

I believe they not eligible for DCP hence last few resort will be DRS and so forth.

His can I check if I go for drs what will that affect me next time ? As I'm only 24 years old

 

[iamintrouble]

These two months I m struggling. No excess cash after paying debts n phone bills.

same also, just abit of excess cash, difficult to survive. not sure how to tahan for another 4 year plus more.

 

[Jojodespo]

Hi bro,

For BTI below 12, is MAS regulation for the banks to reject. Even if it’s 11.99, the banks will not approve the application.

Perhaps if you’re so close to 12x BTI, you may wanna use abit more of your credit cards to make it hit 12x and then reapply to a different bank.

Why DCP doesn't solve our issues?

Anyways DBS rejected my application but i havent ask why. Not sure if its due to my BTI 11.X

Is there a way to check why they reject? Also after their rejection can I apply for HSBC DCP right away? Or need to wait a few weeks/months.

 

[Sysedit]

kenzai79, yes try UOB. i also around HH rank. look like so far me and solarius88 both DCP approved by UOB. else u can try calling UOB n request for a chiobu / sound chio cso to help u. the worse is those cso that is really bo chup one.


Maybe we should list down the most helpful dcp cso from uob or other bank. they help us, we help them

 

[Darkmind77]

Look again... ** report is always 1-2 month lag. My March report is till Jan 2018.

Hi guys , sorry just some noobs question , on early march 2018 I submitted for cimb dcp plan , and I printed my credit burea report it was 1665 and but after 2 week they never approve and I still thought I don't have to pay my current outstanding , then proceed to submit to uob and found out my rating have drop till around 1500 and receive a lawyer letter from HSBC to demand 1.5k and on March I went to pay up all bank on the outstanding balance , but I just print my credit burea report is still 15++ . And my officer from uob bank say have to wait at least 1 month for them to bring up the scores . I owe around 70k , having a monthly of 4.5k , 24 years old but my pay is commission base recently have a hard time paying $3k per month any advices?and most importantly the due date for all my card is coming up and I really having a hard time paying the amount .

 

[Ferlone]

Good news guys. After i kena rejected by SCB, due to HH ranking and less than 12 month BTI, I appealed and it got approved! Apparently, a good CSO will use ur monthly instead of your NOA as monthly x 12 will be lower. Hence, will be eligible for DCP.
I highly recommend SCB. Higher interest, but good customer service feom the CSO. Now my Citibank credit have extra 500+, DBS Cashline extra 700+ and Uob Cashplus have 500+ extra inside. My question now for those who had RCP approved, how do i get those extra money out instead of just leaving it inside? I tried to withdraw via ATM or credit cards at ATM, but ATM will.ahow account suspended. Do i have to go and close the accounts or can i just walk to bank branches to get the extra money out?

Lastly, to fellow in debt bros. Dont give up. Try till the very last bank. But every mobth, i would suggest try 2 banks. If 1 rejected, the other still can carry on. Dont be lazy. Keep and collect all statements monthly till u have a bank that approve your DCP. Good luck!

 

[beemer1234]

Hi All,
Am new to this forum.
Do you know if I can apply for home loan if I'm under a DMP?

 

[SBC]

Jia You guys.

 

[fireduke86]

Hi, can I ask if being on the DCP will affect one's eligibility to get a education loan? By education loan, I meant the university loan offered by the government and administered by DBS/OCBC. I have tried to look for information but I can't find anything on this and I shall be grateful if someone with knowledge can shed light on this. Thank you.

 

[Cloud_sg]

Good news guys. After i kena rejected by SCB, due to HH ranking and less than 12 month BTI, I appealed and it got approved! Apparently, a good CSO will use ur monthly instead of your NOA as monthly x 12 will be lower. Hence, will be eligible for DCP.
I highly recommend SCB. Higher interest, but good customer service feom the CSO. Now my Citibank credit have extra 500+, DBS Cashline extra 700+ and Uob Cashplus have 500+ extra inside. My question now for those who had RCP approved, how do i get those extra money out instead of just leaving it inside? I tried to withdraw via ATM or credit cards at ATM, but ATM will.ahow account suspended. Do i have to go and close the accounts or can i just walk to bank branches to get the extra money out?

Lastly, to fellow in debt bros. Dont give up. Try till the very last bank. But every mobth, i would suggest try 2 banks. If 1 rejected, the other still can carry on. Dont be lazy. Keep and collect all statements monthly till u have a bank that approve your DCP. Good luck!

How much do you owe?

 

[Satanchild666]

Is there a way to check why they reject? Also after their rejection can I apply for HSBC DCP right away? Or need to wait a few weeks/months.

There’s no way for you to check, unless you close with the one who applied the application for you. Only he or she knows why you being rejected.

No, you can apply immediately upon knowing you got rejected. And HSBC takes quite awhile for them to process your application, maybe you wanna to try Citi or Uob. I think these two banks got the fastest in processing your application. IMO the faster you get approval the better isn’t it.

 

[Satanchild666]

His can I check if I go for drs what will that affect me next time ? As I'm only 24 years old

DRS, they control your bonuses that you going to get. Assuming you getting 13month in Dec, so beside your monthly payment, they also will have half of your 13 month. That’s what I heard from my colleague. He is on Drs.

So it’s abit tight for him too. And DRS takes awhile to pay all your loans. Plus you need to spend a small fees. Like my colleague he spent almost 2k or more.

My advise if you can take DCP why not. Take DCP will be much better option, and they will give you CC with spending of your 1x salary, so still not bad.

Drs totally nil, but good thing their interest rate is Low, much lower than DCP.