Debt consolidation Plan

[WinMe]

Anyone earning below $30K p.a. able to get DCP?

ABS indicates that minimum is between $20K to $30K p.a, but most of the banks only entertain $30K p.a

As for my case, if based of last year income was more than $30K, but recently was laid off for around few months, just started with a 1 yr contract job earning around 27k p.a.

Economy is not good these days and more PMETs getting jobless. haiz...

 

[yhs123321]

Anyone earning below $30K p.a. able to get DCP?

ABS indicates that minimum is between $20K to $30K p.a, but most of the banks only entertain $30K p.a

As for my case, if based of last year income was more than $30K, but recently was laid off for around few months, just started with a 1 yr contract job earning around 27k p.a.

Economy is not good these days and more PMETs getting jobless. haiz...

U are poly or uni graduate?

 

[yhs123321]

Anyone earning below $30K p.a. able to get DCP?

ABS indicates that minimum is between $20K to $30K p.a, but most of the banks only entertain $30K p.a

As for my case, if based of last year income was more than $30K, but recently was laid off for around few months, just started with a 1 yr contract job earning around 27k p.a.

Economy is not good these days and more PMETs getting jobless. haiz...

My friend got one super good tactic to get pay up , that's after get a new job eg 4k , work hard hard , no mc ,no calculative stay late late everyday , after few months purposely leak some wind to colleagues want to quit, then get someone to call when together with boss , purposely talk clear in front of boss eg * oh when ,my salary now is 4k ,is contract or permanent staff, any aws...., after some time the boss will confront increase pay 5 hundred ask not to leave , after pay up , then look for other company say pay 4500 , request 4700 , if give 4500 also nevermind , after join new company, repeat the same so the salary will go up fast.

 

[WinMe]

My friend got one super good tactic to get pay up , that's after get a new job eg 4k , work hard hard , no mc ,no calculative stay late late everyday , after few months purposely leak some wind to colleagues want to quit, then get someone to call when together with boss , purposely talk clear in front of boss eg * oh when ,my salary now is 4k ,is contract or permanent staff, any aws...., after some time the boss will confront increase pay 5 hundred ask not to leave , after pay up , then look for other company say pay 4500 , request 4700 , if give 4500 also nevermind , after join new company, repeat the same so the salary will go up fast.

cool story.. coming from you who posted nothing but nonsense on gambling. i been monitoring your posts.

 

[sneggg]

i am on UOB dcp while i am grateful that UOB approved my dcp but googled around there are much lower rates from other banks.

mine is currently at EIR 9.04%

anyone did refinance before ?

 

[Anonymous1987]

i am on UOB dcp while i am grateful that UOB approved my dcp but googled around there are much lower rates from other banks.

mine is currently at EIR 9.04%

anyone did refinance before ?

Hi can i knw how much is ur total debts?mine is almost 41k..but rejected by hsbc..do u tink other bank can approve?

 

[sneggg]

Hi can i knw how much is ur total debts?mine is almost 41k..but rejected by hsbc..do u tink other bank can approve?

mine was 1 year ago alr bro. jsut try

 

[LosingHope]

Another DBS CSO called me up just now(this time a nice lady)
Once you have an installment plan(restructured loan) with any of the bank, you are not eligible for DCP... even payment for other bank is prompt, but RL will have and impact on ur CBS rating n scoring... there goes my chance...
From paying minimum close to 500(for dbs cc n cashline) every month, now im paying about 400...

 

[Anonymous1987]

Another DBS CSO called me up just now(this time a nice lady)
Once you have an installment plan(restructured loan) with any of the bank, you are not eligible for DCP... even payment for other bank is prompt, but RL will have and impact on ur CBS rating n scoring... there goes my chance...
From paying minimum close to 500(for dbs cc n cashline) every month, now im paying about 400...

Restructured loan meaning?

 

[LosingHope]

Restructured loan meaning?

Meaning, if they suspend/close ur acct which settlement under installment plan... interest rate is 10% p.a.

 

[Cokacola]

Woah how do u get HH with no outstanding debts?

years ago took loan to study but did not payback promptly, became HH lol.

any help appreciated bros i intend to take loan or apply CC but is there any banks out there can consider?

 

[missymessy]

I just called to waive off the annual fees for my Citibank cards and ready credit. I didnt know I can do that! Thats $220 off my debt!

 

[happiewee]

Hi everyone, i really need some advise urgently. After reading this thread i went apply my DCP with DBS bank, submitted all necessary documents to the bank 10 days ago.
At first CSO called me for another new credit bureaus report said mine from 12/9/18 is expired.
And thanks god from EE became BB.
Today CSO just called me said one of easicredit loan was joint account with my husband. So he want me either change to single account or close it. When i call the ocbc bank was told not able to change to single account unless i close it and apply again. To close it i have to settle $9k outstanding now?
This ocbc easicredit although is joint account buy my hubby is 2nd name meaning i can issue cheque or draw cash without his acknowledge.
I want know is that so i have to close this account?
Where to find $9k to settle ?
And one more issue is my CIMB cash term loan still have 2 months to complete, i call CIMB was told there's a repayment fee of $250. Will it affected my dcp application?
Please please
I really need help!!!!

 

[Renaldory]

years ago took loan to study but did not payback promptly, became HH lol.

any help appreciated bros i intend to take loan or apply CC but is there any banks out there can consider?

Sounds like you're still young. So I advice you to pay off the education loan.. U can apply when your credit grade improves.. Important when u need to credit grade to buy your house

 

[Cokacola]

Sounds like you're still young. So I advice you to pay off the education loan.. U can apply when your credit grade improves.. Important when u need to credit grade to buy your house

i already pay off the loan 2 years ago, am debt free since then but still under HH . cannot apply CC or any loan atm? any banks high approval rate can recommend?

 

[Renaldory]

Hi everyone, i really need some advise urgently. After reading this thread i went apply my DCP with DBS bank, submitted all necessary documents to the bank 10 days ago.
At first CSO called me for another new credit bureaus report said mine from 12/9/18 is expired.
And thanks god from EE became BB.
Today CSO just called me said one of easicredit loan was joint account with my husband. So he want me either change to single account or close it. When i call the ocbc bank was told not able to change to single account unless i close it and apply again. To close it i have to settle $9k outstanding now?
This ocbc easicredit although is joint account buy my hubby is 2nd name meaning i can issue cheque or draw cash without his acknowledge.
I want know is that so i have to close this account?
Where to find $9k to settle ?
And one more issue is my CIMB cash term loan still have 2 months to complete, i call CIMB was told there's a repayment fee of $250. Will it affected my dcp application?
Please please
I really need help!!!!

Request for ocbc to suspend / close the account as you no longer want to use but, however mention if they are able to restructure the 9k

 

[happiewee]

Request for ocbc to suspend / close the account as you no longer want to use but, however mention if they are able to restructure the 9k

With restructure will affected my dcp application process?
So is confirm alternate joint account cannot apply dcp?

 

[Renaldory]

With restructure will affected my dcp application process?
So is confirm alternate joint account cannot apply dcp?

Will affect your CBS score. Which in turn affect ur app process.

Joint account cannot dcp I think. Check ur inbox

 

[LosingHope]

HSBC CSO called up and they accept min of HH regardless of ur score... when i told the cso that i hv a restructure plan with DBS... as im HZ she advise me to improve the score rating(which i dunno how) and go with Citibank... She told me Citibank will accept those debts which include restructured loan

 

[OCBC Bank]

Hi everyone, i really need some advise urgently. After reading this thread i went apply my DCP with DBS bank, submitted all necessary documents to the bank 10 days ago.
At first CSO called me for another new credit bureaus report said mine from 12/9/18 is expired.
And thanks god from EE became BB.
Today CSO just called me said one of easicredit loan was joint account with my husband. So he want me either change to single account or close it. When i call the ocbc bank was told not able to change to single account unless i close it and apply again. To close it i have to settle $9k outstanding now?
This ocbc easicredit although is joint account buy my hubby is 2nd name meaning i can issue cheque or draw cash without his acknowledge.
I want know is that so i have to close this account?
Where to find $9k to settle ?
And one more issue is my CIMB cash term loan still have 2 months to complete, i call CIMB was told there's a repayment fee of $250. Will it affected my dcp application?
Please please
I really need help!!!!

With restructure will affected my dcp application process?
So is confirm alternate joint account cannot apply dcp?

Hi there,

If your DCP application with DBS is successful, your EasiCredit Account with OCBC will be suspended & the outstanding amount will be ‘transferred’ to the new DCP account in DBS (together with your other outstanding balances from other unsecured accounts in OCBC or other banks)

You will then pay off the outstanding balance of the DCP account accordingly to DBS & will not be required to pay the EasiCredit outstanding balance in full to OCBC.

On our end, we are unable to advise on why a joint EasiCredit account is an issue with your DCP application with DBS.

We also do not have a ‘restructuring’ process, be it restructure from joint to single account or any sort of payment arrangement for your EasiCredit balance.

Do let us know if you require further clarification on this.

^CC