Debt consolidation Plan

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aang1971

aang1971

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Lucky to get approval after i consider first attempt

Applied MB but did not proceed...went to BOC instead
 
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nuah2002

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I retrieved my latest credit report (retrieved one 2 weeks ago). And my score drop from F to G.

According to Singsaver, to bring up your credit risk grade to an AA (or close to it), you should:

– Always repay loans on time
– Avoid making multiple loan enquiries in a short time
– Do not have too many credit facilities open
– Never default on your loans
– Take and repay a loan to repair damaged credit

This is so maddening. I am trying to do DCP, of cos all the banks will check my credit. And now my credit score worsen. All my individual lines are aaaa... really dunno what to do sia.
 
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melbourne10

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nuah2002 said:
I retrieved my latest credit report (retrieved one 2 weeks ago). And my score drop from F to G.

According to Singsaver, to bring up your credit risk grade to an AA (or close to it), you should:

– Always repay loans on time
– Avoid making multiple loan enquiries in a short time
– Do not have too many credit facilities open
– Never default on your loans
– Take and repay a loan to repair damaged credit

This is so maddening. I am trying to do DCP, of cos all the banks will check my credit. And now my credit score worsen. All my individual lines are aaaa... really dunno what to do sia.
Click to expand...

How many points did u drop by?
 
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nuah2002

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aang1971 said:
Lucky to get approval after i consider first attempt

Applied MB but did not proceed...went to BOC instead
Click to expand...

Hi, can disclose ur credit score, loan amt, etc? So roughly can gauge if BOC is willing to accept... thanks in advance
 
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nuah2002

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citibank called. guy said submit today. and citibank can give answer by tomorrow whether approve or reject.

I told him from my understanding many pple got rejected and i got rejected by CIMB and Maybank. But he claims some guys with Credit score off-charts (HZ or something), also managed to get DCP approved by Citi. No harm trying.
 
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Carlingford

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Wow...That's fast..Just go for it..

nuah2002 said:
citibank called. guy said submit today. and citibank can give answer by tomorrow whether approve or reject.

I told him from my understanding many pple got rejected and i got rejected by CIMB and Maybank. But he claims some guys with Credit score off-charts (HZ or something), also managed to get DCP approved by Citi. No harm trying.
Click to expand...
 
deadlockb

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nuah2002 said:
citibank called. guy said submit today. and citibank can give answer by tomorrow whether approve or reject.

I told him from my understanding many pple got rejected and i got rejected by CIMB and Maybank. But he claims some guys with Credit score off-charts (HZ or something), also managed to get DCP approved by Citi. No harm trying.
Click to expand...
After submitting all my documents ,Received a message on 3rd day.Bank called me on 5th Day.
 
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