Personal Loan

[brattinella]

^will read the paper that i got along with the reminder/loan card....

but i read somewhere (can't find in their website), that there's no pre-termination fee... pero sort of lugi ka because you paid earlier but you still paid for the interest...

but, as soon as you were able to pay at least 50% of the original loan tenor... you may re apply for a new loan

[Lei_Glee]

^ah okay sis ganoon pala yun.
Thanks for enlightening me.
Sana bdo no pre-termination fee.
Parang ok na rin sa akin sis na kasama sa
bayaran ko ang interest basta no pre-termination
fee lang.

[brattinella]

^no pre-termination fee... but they have "installment acceleration fee" -- if the person pays the balance in full before the end of the installment terms  (that is  5% of the outstanding principal balance or P300, whichever is higher)

[Lei_Glee]

Yes buti nalang no pretermination fee.
Sige sis will inquire bdo about this.
Thank for answering my questions!

[brattinella]

^but they have acceleration fee... so pretty much the same thing... you don't get a sort of discount...

[gemstonerainbow]

Hi mga sis,

I really need a personal loan right now. I tried applying in BDO, BPI, Citibank, Sterling bank last year lahat disapproved ang applications ko. Siguro kasi I have bad credit standing in my credit cards, and I actually need the personal loan to pay my credit cards para hindi na mashado kumarga ang interests. Do you think if I won't declare my credit cards mas madali maapprove ang applications ko? Kailangang-kailangan ko kasi talaga ng pambayad. Anong bank ba ang madali mag-approve ng personal loans para dun ako magaapply...

[brattinella]

^when i applied for BDO, i didn't declared my CCs... i said it's for personal use/travel....

[gemstonerainbow]

^naapprove loan mo sis?

[brattinella]

^yup... in around a week... my loan got approved  natagalan pa nga actually sa pag kuha kasi ang daming kailangan i-file... kesa yung sa approval process mismo...

[gemstonerainbow]

^talaga? Nabuhayan naman ako ng loob sis! Last question na lang, so you didn't declare any credit card in your application?

[brattinella]

^nope. not unless it's required  you may reapply on those banks after 6 months.... piece of advise too, if you are renting, don't declare it as you are renting but your parents tell them that they are the ones paying for it...

[gemstonerainbow]

^Thank you so much for your advise sis. I'll try to apply in BDO again, sana swertihin nako

[lilstar]

I'm about to finish my loan this July and i received a letter from HSBC telling me to re-apply., ayoko na sana pero 500k daw maximum loan amount. I will try to apply for 300k lang pero i'm wondering, may naapprove ba talaga na Personal loan with this big amount?

[qtlouise29]

meron po bang personal loan na hindi required ang ITR bukod sa citibank? TIA!

[brattinella]

^actually if you are earning purely by compensation/salary, required siya...

[qtlouise29]

^ thanks sis! hindi pa pwede payslip lang or certificate of employment? kulit! hehe! :-D

[brattinella]

^pwede naman... pero kapag kasi binigay mo yun... they will still ask you of your ITR...

[qtlouise29]

thanks sis brattinella!

[Pretty_aye]

sis, any feedback sa standard chartered personal loan. They text me na pwede daw ako magloan hehe

[roxybrat]

meron bang bank na nag approve kahit remittance lang ang income? im not employed kasi pero un remittance ko pumapasok sa bdo.. thanks.. i ask the branch di daw kasi pede...