No Gimmicks!

• Lobang_K

  8 Jan 05, 16:37

  1.6%!
  
  ThatÂ’s right! What is your current car loan interest? 2.2%? 2.4%? Or more? Now you have a chance to lower your monthly car installments by refinancing it at only 1.6%! ThatÂ’s quite a substantial savings on your car every month, isnÂ’t it?
  
  If your car is less than 10 years old, than this offer is definitely for you.
  
  I know you must be thinking of the penalty youÂ’ll suffer for switching, arenÂ’t you? Worry not as this will be dealt with between the banks. Better still, there will be no cash involved, no penalty and no tied down!
  
  Call 9800 7622 for more details and quote 1002 to enjoy this special rate.
  YouÂ’ll kick yourself for missing this.
  
• cyberpug

  8 Jan 05, 17:09

  Can I refinance at 1.6% if my car loan is currently with DBS?
• Lobang_K

  9 Jan 05, 14:50

  Hi cyberpug,
  
  Shouldn't be a problem.
  
  How long have u been paying ur installment?? If ur is a new car and u didn't took any cash rebate for the loan, minimum requirement is 0.5 year before u can re-finance.
  
  Regards,
• Lobang_K

  11 Jan 05, 18:28

  *upz*
  
• the Bear

  11 Jan 05, 18:32

  seriously.. what's the gimmick?
• Paperboat

  11 Jan 05, 18:35

  Originally posted by the Bear:

  seriously.. what's the gimmick?

  
• trueno86

  11 Jan 05, 21:21

  Originally posted by Lobang_K:

  1.6%!
  
  ThatÂ’s right! What is your current car loan interest? 2.2%? 2.4%? Or more? Now you have a chance to lower your monthly car installments by refinancing it at only 1.6%! ThatÂ’s quite a substantial savings on your car every month, isnÂ’t it?
  
  If your car is less than 10 years old, than this offer is definitely for you.
  
  I know you must be thinking of the penalty youÂ’ll suffer for switching, arenÂ’t you? Worry not as this will be dealt with between the banks. Better still, there will be no cash involved, no penalty and no tied down!
  
  Call 9800 7622 for more details and quote 1002 to enjoy this special rate.
  YouÂ’ll kick yourself for missing this.
  

  malaysian cars?
• ak0

  11 Jan 05, 22:03

  think dbs and citibank all have this 1.6% interest thing... saw it in other forum.
• cyberpug

  11 Jan 05, 22:16

  Hi Lobang_K,
  My loan just started since oct 2004 hence it's less than 6 months! Can I still refinance @ 1.6%?
• ak0

  12 Jan 05, 09:47

  Originally posted by cyberpug:

  Hi Lobang_K,
  My loan just started since oct 2004 hence it's less than 6 months! Can I still refinance @ 1.6%?

  dun think so min have to be after 6 months i think
• SeeTees

  12 Jan 05, 10:25

  Originally posted by Lobang_K:

  Hi cyberpug,
  
  Shouldn't be a problem.
  
  How long have u been paying ur installment?? If ur is a new car and u didn't took any cash rebate for the loan, minimum requirement is 0.5 year before u can re-finance.
  
  Regards,

  Hi Lobang_K;
  
  Like to know wic bank u representing?
• Lobang_K

  12 Jan 05, 18:29

  Originally posted by the Bear:

  seriously.. what's the gimmick?

  As mentioned, no gimmick...
• Lobang_K

  12 Jan 05, 18:30

  Originally posted by trueno86:

  malaysian cars?

  Dun think so...
• Lobang_K

  12 Jan 05, 18:32

  Originally posted by cyberpug:

  Hi Lobang_K,
  My loan just started since oct 2004 hence it's less than 6 months! Can I still refinance @ 1.6%?

  If that's the case, i think cannot.. Guess u have to wait after apr...
• Lobang_K

  12 Jan 05, 18:33

  Originally posted by SeeTees:

  Hi Lobang_K;
  
  Like to know wic bank u representing?

  We tie-up with a few banks but currently DBS is giving the best offer.
• SeeTees

  12 Jan 05, 18:36

  Originally posted by Lobang_K:

  We tie-up with a few banks but currently DBS is giving the best offer.

  Ic. U able to do 1.6% with Citi?
• vicky05

  12 Jan 05, 21:44

  Mr Lobang,
  What is the interest rates for 10 year loans? is it the same?
  
  Is there any admin fee or admin fee are paid by your financer for refinancing?
  
  please let me know asap. Thanks!
  
  

  Originally posted by Lobang_K:

  1.6%!
  
  ThatÂ’s right! What is your current car loan interest? 2.2%? 2.4%? Or more? Now you have a chance to lower your monthly car installments by refinancing it at only 1.6%! ThatÂ’s quite a substantial savings on your car every month, isnÂ’t it?
  
  If your car is less than 10 years old, than this offer is definitely for you.
  
  I know you must be thinking of the penalty youÂ’ll suffer for switching, arenÂ’t you? Worry not as this will be dealt with between the banks. Better still, there will be no cash involved, no penalty and no tied down!
  
  Call 9800 7622 for more details and quote 1002 to enjoy this special rate.
  YouÂ’ll kick yourself for missing this.
  

• Lobang_K

  14 Jan 05, 16:43

  Originally posted by SeeTees:

  Ic. U able to do 1.6% with Citi?

  But why citibank?
• Lobang_K

  14 Jan 05, 16:48

  Originally posted by vicky05:

  Mr Lobang,
  What is the interest rates for 10 year loans? is it the same?
  
  Is there any admin fee or admin fee are paid by your financer for refinancing?
  
  please let me know asap. Thanks!
  
  

  Sorry for the late reply.. As for ur qns.. If it's a new loan, the interest is 1.9% or 2.0%. After 6 months, then u can re-finance to 1.6%.
  
  This is DBS's ruling.
• SeeTees

  14 Jan 05, 17:50

  Originally posted by Lobang_K:

  But why citibank?

  Bcos' I'm with them now with a 2% package. Got a 18 mth bond. If refinance with them again for lower package i need not pay back the freebie. I dun mind that.... just pull my installment further down will do...
• bluesky81

  14 Jan 05, 18:29

  how abt commercial veh??
• Lobang_K

  15 Jan 05, 15:03

  Originally posted by bluesky81:

  how abt commercial veh??

  I'm so sorry.. they don't do commercial vehicle.
• Lobang_K

  17 Jan 05, 22:01

  *upz*
• cyberpug

  17 Jan 05, 22:23

  Hi Lobang-K,
  Do u mean we can only refinance with DBS @ 1.6% only after 6 months if we are currently with DBS?
  
• edi_77777

  17 Jan 05, 23:04

  so wot document shd i need??