Debt consolidation Plan

[melbourne10]

Rating EE, ratio around 12.44. Debt free in 3 years time.

Congrats again. DBS offered u what EIR?

 

[Louis81]

Rating EE, ratio around 12.44. Debt free in 3 years time.

Same ratio, EE but i waiting boc 6 yrs

 

[Louis81]

Rating EE, ratio around 12.44. Debt free in 3 years time.

I guess u are able to pay more than half yr salary so 3 yrs

 

[Wawa-wawa]

Congrats again. DBS offered u what EIR?

19% rather high but I am fine with it. ☺

 

[melbourne10]

19% rather high but I am fine with it. ☺

Still lower than most CC... Can try refinance next time. Most impt is the first approval after all.

 

[Louis81]

19% rather high but I am fine with it. ☺

Thats twice the rest

 

[melbourne10]

Frankly now I rather have an approval first then if anything just refinance somewhere along the line

 

[Wawa-wawa]

I guess u are able to pay more than half yr salary so 3 yrs

Yup, able to afford that's one reason I opted for 3 years. At least now i'm able to service debts and have some surplus for savings.

 

[Henabi]

Gxgx to all the bros here who got approved.

Don't use the compulsory cc as part of the dcp

 

[melbourne10]

Gxgx to all the bros here who got approved.

Don't use the compulsory cc as part of the dcp

Yah tmd if I get approved I am cutting that **** in half after I get it

Cash for me from now onwards

 

[Henabi]

And debit card

 

[melbourne10]

And debit card

Yeah that is true

 

[Louis81]

Yup, able to afford that's one reason I opted for 3 years. At least now i'm able to service debts and have some surplus for savings.

NOA and unsecured if u dont mind

 

[Wawa-wawa]

Thats twice the rest

Because I took short tenture. No choice, just have to swallow the high interest rate. But at least, I know I will be debt free in 3 years time.

 

[melbourne10]

no offense but how did u guys got into so much cc debt?

http://www.straitstimes.com/sites/default/files/attachments/2017/03/05/st_20170305_ltdebt05new2_2984356.pdf

Some stats based on the cases counseled by CCS

 

[Louis81]

Boc 2
Hsbc 2
Citi 1
Dbs 1

 

[Wawa-wawa]

NOA and unsecured if u dont mind

I did not submit NOA nor any payslips as salary is credited into DBS, so they have my records. I personally felt hassle free through DBS. Submitting documents was easy too, took pictures of all statements and email.

 

[Wawa-wawa]

Yah tmd if I get approved I am cutting that **** in half after I get it

Cash for me from now onwards

Will be glad and happy for you if your application is approved.

 

[melbourne10]

Will be glad and happy for you if your application is approved.

Ahaha thanks buddy

 

[lodestone]

hi guys.just back from ccs talk.really is along long super long talk.from 6.30 until 9.30pm...

for those who are going to the talk soon, pls do have your dinner first before going for the talk if not you have to tahan for the 3 hours talk.

is eye opener for me to hear what the officer tok on his own real life cases....

really also damn angry with those super rich elites .... can pay off to the bank if they just need to sell off one private house in sentosa but go ask ccs for help......! these people can settle their debt themselves but still need ccs.
they only take away the precious time of the ccs officers to attend to those who really need help.

alot alot of people in the room.. some came in late... some young one also in debt....

got one very badly need help keep asking questions...

eye opener indeed.....