Auto loan disapproved! help!

[dreamur]

Most likely you do not have enough credit history (I.e., credit card payments, bills, etc.) That the bank can refer to as their basis to establish yourcredit worthiness. The bank needs assurance that you regularly pay your dues regardless of your take home pay. Dami dyan ang laki ng take home pay pero ayaw Lang talagang magbayad ng utang.

[ajkotse]

Appreciate all your replies :D Tingin ko napasama pa nga yung wala ako bills na binabayaran haha! (nagshshare naman ako sa kuryente,tubig,palaba etc.) though sa parents ko nakapangalan

nagtry lang kasi ako online, pero I guess much better nga na puntahan ko personally at iprove ko na kaya ko magbayad...

more than 2yrs na ako nagwowork...kaso kakaregular ko lang sa new job ko.. siguro isa din yun factor...

haay 6months na pag-iipon ay sobrang tagal para sakin... kung hindi ko lang talaga NEED, ayoko rin talaga umutang.. sayang din interest malaki laki din madadagdag

[shadow]

Apply ka muna credit card.


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[stickers]

afaik sir.. sa mga bank.. they require at least 1 to 2 years in your workplace?? not really sure though. but that's what I have heard from some that works in the bank.

yup, requirement po yan ng bank.

[ajkotse]

I'll try to go to the bank this week, hopefully ma-approve ako (cross fingers) btw nagcompute ako at mas malaki pa kinakaltas sakin sa tax compare sa babayaran ko montly i'll let you know guys kung approved or hindi.. Para mashare ko din exp ko sa mga gusto magloan

[ajkotse]

Apply ka muna credit card.


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With all your respect, ang opinion ko kasi sa cc ay hassle at temptation.. Kasi i always buy cash bsta kaya, mas mlki kc ndidiscount ko pgsinbi ko cash ko bbilin, prang ang hassle kung may pera na ko in hand, idadaan ko pa s cc at dun ako mgbbyd, temptation din since bka khit wla n ako pera e bumili prin ako ng bumili.. Not to mention ung yearly n binbyrn sa cc.. (khit sbihin mo p mdmi k freebies) for me pa-utot lng nila un, mas malki prin nggastos mo :D

[mabuhay]

monitor mo lang yong cc mo para hindi ka bili ng bili at pagdating ng bill mo saka mo bayaran ng cash

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monitor mo lang yong cc mo para hindi ka bili ng bili at pagdating ng bill mo saka mo bayaran ng cash

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monitor mo lang yong cc mo para hindi ka bili ng bili at pagdating ng bill mo saka mo bayaran ng cash

[Flip]

control lang naman kelangan sa spending using cc. in my case, ginagamit ko lang yung cc as substitute sa readily available na cash to get freebies and build good credit history which is important nga daw sa CI at loans. iwas lang sa mga merchants na nag surcharge and pay always in full and on time. makaka save ka rin sa mga rebates (around php90 sa gas/month usual savings ko) and 0% installments provided mapa waive mo yung annual dues mo otherwise parang quits lang.

[vinj]

With all your respect, ang opinion ko kasi sa cc ay hassle at temptation.. Kasi i always buy cash bsta kaya, mas mlki kc ndidiscount ko pgsinbi ko cash ko bbilin, prang ang hassle kung may pera na ko in hand, idadaan ko pa s cc at dun ako mgbbyd, temptation din since bka khit wla n ako pera e bumili prin ako ng bumili.. Not to mention ung yearly n binbyrn sa cc.. (khit sbihin mo p mdmi k freebies) for me pa-utot lng nila un, mas malki prin nggastos mo :D

I used to be like that. I never had a credit card until i was nearing my 30s but now it's quite handy as a financial tool for me. When your expenses become bigger it is quite helpful as it minimizes the cash you have in your wallet. Get a CC and request for a small limit of maybe 15K-20K and always make it a habit to knock off all the amounts at month end. With internet banking, it's also easy to monitor your credit card balances. Just use it for resto, grocery and gasoline perhaps.

Try going to another bank such as BdO and PSBank. Also, if you're looking for a Hyundai Getz at 300K+ with around 140K d/p, why not consider a brand new unit Picanto or i10? Try to visit a dealer and get some quotes, and have a bank make a quote for you as well (don't go for dealer financing, and don't get insurance at the dealer as well as they charge much higher) and compare it against the second hand Getz you're financing. Don't forget to throw in insurance, maintenance, and fuel costs into the equation of your monthly overhead.

[seymorebutts]

one reason din is maliit ang amount na ilo-loan mo, hindi sila kikita sa yo