Bank Interest Rates for Auto Loans - post Wuhan Virus

[dr. d]

i wonder,
are these rates just covid season-specific, or are they going to be the rates until the entire loan is paid up?

[kagalingan]

sa kotse masyado na matagal maghulugan ng tatlong taon.

Kung kaya naman icash or one year bayaran na lahat or the most two years.

Wag nyo masyado patubuin bangko.

[carxynogen]

i wonder,
are these rates just covid season-specific, or are they going to be the rates until the entire loan is paid up?

Pag-ibig offered a lower rate that we can avail until December 2020.
Yan din ang suggestion ng BSP that it is the best time to avail home loan due to low interest rate due to pandemic daw.

Sa Home loan, may option ka kasi to select fix rate of 1,3,5,10 yrs.
After that selected fixed year rate, magbase na sa current market rate yung repricing sa home loan mo.

Not sure nga lang if included yung auto loan sa pag baba ng rates ngayong pandemic.

[StockEngine]

22% rate for 5 yrs was already the rate of Metrobank when I inquired last December 2019.
Maybe may makapag confirm if may changes ba offer ni metrobank during this pandemic.
Ang confirmed ko lang is ang housing loan is nagbabaan na ang rates.

Afaik it was always been over 23% for most banks. Maybe it was a year ender rate?

Pag-ibig offered a lower rate that we can avail until December 2020.
Yan din ang suggestion ng BSP that it is the best time to avail home loan due to low interest rate due to pandemic daw.

Sa Home loan, may option ka kasi to select fix rate of 1,3,5,10 yrs.
After that selected fixed year rate, magbase na sa current market rate yung repricing sa home loan mo.

Not sure nga lang if included yung auto loan sa pag baba ng rates ngayong pandemic.

There is some prediction BSP will cut rates further...

[StockEngine]

sa kotse masyado na matagal maghulugan ng tatlong taon.

Kung kaya naman icash or one year bayaran na lahat or the most two years.

Wag nyo masyado patubuin bangko.

I remember you were for borrowing. Ngayon first time seeing "cash" purchase suggestion.

[uls]

sa panahon ngayon prove niyo muna sa bangko na stable ang income niyo bago kayo ma-aaprove for loan

sa dami ng nawawalan ng trabaho ngayon what makes you so sure you'll still have a job in the next 12 to 36 months?

[dr. d]

sa kotse masyado na matagal maghulugan ng tatlong taon.

Kung kaya naman icash or one year bayaran na lahat or the most two years.

Wag nyo masyado patubuin bangko.

"no choice. all we can afford is the 60-month plan."
heh heh.

once upon a time, buying on installment was akin to making a pact with the devil.
"if you can't afford cash, you have no right..."

[dr. d]

sa panahon ngayon prove niyo muna sa bangko na stable ang income niyo bago kayo ma-aaprove for loan

sa dami ng nawawalan ng trabaho ngayon what makes you so sure you'll still have a job in the next 12 to 36 months?

it's always been like that.
tongue in cheek, "the bank will grant loans only to those who do not really need them."
heh heh.

[yapoy86]

"no choice. all we can afford is the 60-month plan."
heh heh.

once upon a time, buying on installment was akin to making a pact with the devil.
"if you can't afford cash, you have no right..."

ok din yan kumuha ng hulugan.. lalo na kung yung model na kukunin mo ay hindi pa proven sa market or bagong labas na model... para pag sakaling lemon yung kotse.. pa repo mo na lang.. hehe

[dr. d]

ok din yan kumuha ng hulugan.. lalo na kung yung model na kukunin mo ay hindi pa proven sa market or bagong labas na model... para pag sakaling lemon yung kotse.. pa repo mo na lang.. hehe

heh heh heh.
devious...

sell it at cheap price, as "assume balance".