if i sign on in army , will they approve of my installments?

• Wen^Chu

  4 May 03, 18:12

  hi guys......i heard that our monthly installments cannot exceed 1/3 of our pay.......but if i sign on in army , will the dealers approve of my installments?
• MS

  4 May 03, 20:49

  Originally posted by Wen^Chu:

  hi guys......i heard that our monthly installments cannot exceed 1/3 of our pay.......but if i sign on in army , will the dealers approve of my installments?

  Better dun sign on for a car. You will regret it. Think of the IPPT and SOC and range ou must clear complusorily when you're in combat. Else you'd miss you bonuses and retard your promotions.
  If you're in service vocation, your pay will not be as high as combat. But if you're sincere in getting a job with SAF in the service vocation, do think about the overseas posting you have to commit into for a year. Each serviceman must complete twice a year's overseas posting if you're service voc. Once when you're in the 1SG -> SSG phase, once when you're a Junior WO. So got money lah... but no time to drive your car.
• Wen^Chu

  4 May 03, 20:51

  Originally posted by MS:

  Better dun sign on for a car. You will regret it. Think of the IPPT and SOC and range ou must clear complusorily when you're in combat. Else you'd miss you bonuses and retard your promotions.
  If you're in service vocation, your pay will not be as high as combat. But if you're sincere in getting a job with SAF in the service vocation, do think about the overseas posting you have to commit into for a year. Each serviceman must complete twice a year's overseas posting if you're service voc. Once when you're in the 1SG -> SSG phase, once when you're a Junior WO. So got money lah... but no time to drive your car.

  i mean i am already a regular in army le...... but will the bank grant us a loan easily?
• Si|verGer

  5 May 03, 14:10

  but then dun bcoz of a car den go loan mah wait cannot pay hw?
• Wen^Chu

  5 May 03, 18:18

  Originally posted by Si|verGer:

  but then dun bcoz of a car den go loan mah wait cannot pay hw?

  ya.......but if u wanna buy car , u have to get a loan....
• kangkang

  5 May 03, 19:38

  Originally posted by Si|verGer:

  but then dun bcoz of a car den go loan mah wait cannot pay hw?

  the guarantor cham lor and the car gets tow away!
• Initial`D

  5 May 03, 19:41

  u r regular think most likely the bank will approve ur loan one.. but dun get a loan frm finance company leh if wan loan go loan frm bank think the interest rate is lower.
• 35MM Gunner

  8 May 03, 13:19

  Originally posted by Wen^Chu:

  hi guys......i heard that our monthly installments cannot exceed 1/3 of our pay.......but if i sign on in army , will the dealers approve of my installments?

  wat makes u thik tat they will approve when u have just signed on/entered SAF?????
  
  it all depends on ur pay p/mand whether u have n e bad debts