Debt consolidation Plan

[Carlingford]

It all depends on when the bank which you took the loan from reports it to CBS

Does CBS report update on the first day of each month?

If loan was approved on 9 Feb when will this be reflected in CBS report

 

[melbourne10]

It all depends on when the bank which you took the loan from reports it to CBS

Jan17 report shows Nov16 balances
Feb17 report shows Dec16 balances

So a Feb17 loan should show up on Apr17 report

 

[Louis81]

70k, asked for 77k, 7 year tenor, rating FF

The outcome by citi is email or call

 

[melbourne10]

The outcome by citi is email or call

The guy processing ur docs will call you

 

[Louis81]

The guy processing ur docs will call you

How long it took for citi to call u when u apply for dcp

 

[melbourne10]

How long it took for citi to call u when u apply for dcp

I worked step by step with the guy. So I submitted request for form, then for 2 weeks daily will have phone call with instructions. Finally submitted, 2 days later he call back to inform me my application buang

 

[Iwanttobehappy]

Any apply dbs ?? Cos I wanna see their waiting time ..

 

[pororokia]

i started my dmp back in early 2013, thru ccs help.

this will be my final yr to clear all debts.

 

[Louis81]

I worked step by step with the guy. So I submitted request for form, then for 2 weeks daily will have phone call with instructions. Finally submitted, 2 days later he call back to inform me my application buang

2 weeks so long

 

[Louis81]

i started my dmp back in early 2013, thru ccs help.

this will be my final yr to clear all debts.

Does bank reduce interest rate or stop interest rate what was yr experience can share with all the bros here

 

[Louis81]

Any apply dbs ?? Cos I wanna see their waiting time ..

I think have. So far I know hsbc can apply on the spot at the branch. 7 working after day of application call hsbc and ask about status.

 

[pororokia]

Does bank reduce interest rate or stop interest rate what was yr experience can share with all the bros here

the banks reduced to 3% interest rate, the best CCS can negotiate to.

but of cos if u approach them, will take around 2-3 mths before the dmp is approved.

i started approaching them when i faced difficulty in just keep paying the minimum payment for multiple cards, but i did that lifestyle for couple of yrs before i approach them.

the cso appointed to me was really good, she did her best to help me get my dmp approved.

 

[pororokia]

but dmp also not easy, need alot of supporting documents to justify the final amount to pay every month.

 

[Iwanttobehappy]

I think have. So far I know hsbc can apply on the spot at the branch. 7 working after day of application call hsbc and ask about status.

Ya I only know me n another bro here .. I was thinking still got others
mah ..

 

[Carlingford]

I also seem to be the only one around who apply with SCB

Ya I only know me n another bro here .. I was thinking still got others
mah ..

 

[melbourne10]

The RAS approval rate also quite low sia.

http://www.theonlinecitizen.com/2017/01/18/successful-applicants-of-mas-debt-scheme-got-played-out/

Interesting numbers...

 

[melbourne10]

the banks reduced to 3% interest rate, the best CCS can negotiate to.

but of cos if u approach them, will take around 2-3 mths before the dmp is approved.

i started approaching them when i faced difficulty in just keep paying the minimum payment for multiple cards, but i did that lifestyle for couple of yrs before i approach them.

the cso appointed to me was really good, she did her best to help me get my dmp approved.

Seems like this is the next best option if DCP applicants keep getting rejected

 

[Louis81]

but dmp also not easy, need alot of supporting documents to justify the final amount to pay every month.

How to produce supporting document if i gv parents allowance

 

[Louis81]

but dmp also not easy, need alot of supporting documents to justify the final amount to pay every month.

Daily meals how to have documents

 

[Louis81]

I also seem to be the only one around who apply with SCB

Keep us posted on the timeline n results