Help: Declined By Banks

**dr. d** · December 22nd, 2010 06:31 PM

i think the bank is denying you a loan, not because you are a poor risk, but because you are a big question mark. you're probably in no one's list. you don't have a past record of paying your loans on time or otherwise. you probably don't have a record with meralco, nawasa, or pldt. and you haven't shown them that you have a regular income. perhaps if you can show them that you now have a steady source of income, they'll consider you. i don't think there's a limit as to how often you can apply for a loan. ang daming bangko diyan!
as to choice of car, i agree that the smaller car is probably for you. alto, picanto, etc.
but wait! have you considered moving to a dwelling nearer your place of work? maybe a studio renting out at less than 4K...

**tidus1203** · December 22nd, 2010 06:42 PM

Yeah maybe renting out a place would be more economical than buying a new car...

**wavecxs** · December 22nd, 2010 06:54 PM

^^
+1 on renting. sa 65km nga ako balikan stressfull na dahil sa SLEX trapik ano pa kaya 100km.

**actor21** · December 22nd, 2010 06:55 PM

*tidus porma siempre....beats economical hehehe hindi nag rhyme...

**tidus1203** · December 22nd, 2010 07:26 PM

Porma ok yan kung mayaman ka, ang problema di naman mayaman pero nakikisabay... Tapos pag oras na nang kagipitan kung sino sino lalapitan para umutang... Don't be an American hehehe. What I mean is don't be so consumer minded like them...

**mahalay** · January 3rd, 2011 11:50 AM

To All,

Got my Hyundai Accent na! Hehehehe... Salamat po sa mga advices and for responding.

Medyo OT na tayo... pero OT ulit:

Nag rent na ako dati, turns out mas mahal kung mag rent ako ng another pad. FYI, di option i-move ko family ko near sa work ko kasi mas di accessible sa folks ni misis.

Actually wala akong plano na kumuha ng kotse, pero nung nakita ko monthly expenses ko renting another pad, I decided na maglabas ng unit. Pang-amortization ko na lang yung pang rent and other monthly expenses ko.

Magda-dalawa na anak ko kaya minabuti ko na kumuha na ng oto.

Salamat ulit mga sirs.

Lastly, sa mga big time home-based programmers dyan kung gusto nyo din kumuha ng oto at hirap kayo mapa-approve, send me a PM, refer ko kayo dun sa tumulong sa akin. Just make sure na kinompute nyo na ng mabuti ang budget nyo and kaya nyo talaga yung monthly amortization. Do your homework first.

**GulongGong** · January 3rd, 2011 02:24 PM

congrats sa TS at finally nakuha na nya auto nya..

quick question though about declined loans, a friend asked me kung ang address ba is included sa cmap or also a basis for credit records? kasi yung address nila may unsettled bill sa pldt years ago, yung umuso ang paglobo ng phone bills at kung ano anong bansa ang nakalagay na tinawagan pero wala naman ganung calls made.. also may sister cya na meron daw unpaid credit cards sa parehong address...

maaapektohan kaya ang pag ang loan nya sa bank kahit di manan sa kanya mga unpaid bills na yun and ang address lang ang common info?

**darkentity** · April 22nd, 2011 05:06 AM

Hi, if possible please pm me the info thanks

Originally Posted by mahalay

To All,

Got my Hyundai Accent na! Hehehehe... Salamat po sa mga advices and for responding.

Medyo OT na tayo... pero OT ulit:

Nag rent na ako dati, turns out mas mahal kung mag rent ako ng another pad. FYI, di option i-move ko family ko near sa work ko kasi mas di accessible sa folks ni misis.

Actually wala akong plano na kumuha ng kotse, pero nung nakita ko monthly expenses ko renting another pad, I decided na maglabas ng unit. Pang-amortization ko na lang yung pang rent and other monthly expenses ko.

Magda-dalawa na anak ko kaya minabuti ko na kumuha na ng oto.

Salamat ulit mga sirs.

Lastly, sa mga big time home-based programmers dyan kung gusto nyo din kumuha ng oto at hirap kayo mapa-approve, send me a PM, refer ko kayo dun sa tumulong sa akin. Just make sure na kinompute nyo na ng mabuti ang budget nyo and kaya nyo talaga yung monthly amortization. Do your homework first.

**batastoh** · July 18th, 2016 11:37 PM

I am a freelance VA. May I know san ka nag apply ng car loan? Anu2 requirements ang hiningibsayo? Thanks.

**dr. d** · July 20th, 2016 12:49 AM

Originally Posted by batastoh

I am a freelance VA. May I know san ka nag apply ng car loan? Anu2 requirements ang hiningibsayo? Thanks.

they will want to know how you can possibly repay them...
a steady, large enough income... good credit history... a home address.. a co-maker with acceptable characteristics of the former requirements; in case you fail to pay, they will want to know who they can run after instead.
it's all in the application form you will fill up, po...
banks usually offer such car loans. the car sellers can direct you to their prefered partners.
good luck.

but for cash buyers, the only question asked is, "what color, sir?".