Lack of req.

**marjako27** · September 22nd, 2013 05:48 PM

hi, newbies po
ive always wonderring, how can i hav this car, isa po akong ofw d2 sa korea, but sad to say, wala na aq contract, (tnt), and planning to go home this april 2014 for good., ive already stablished my own business in phil (lending business that can support enough including car loan) for morethan 3 yrs now. but again, i dont hav a business permit, in other words, i dont have the neccessary req. aside from bank documents, is there any chance na mka loan aq.?<br/>hope that this massage of mine will merit your time and effort, pls. reply..

thanks in advance.

**stavros** · September 22nd, 2013 11:38 PM

May business pero walang permit?

**raycon_24** · September 23rd, 2013 12:11 AM

Originally Posted by stavros

May business pero walang permit?

lending business = 5/6 ata kaya walang bus. permit

**marjako27** · September 23rd, 2013 12:52 AM

Originally Posted by raycon_24

lending business = 5/6 ata kaya walang bus. permit

yes sir its a lending business, getting a proper permits to this kind of business is a little difficult, it has to be SEC and not DTI, nag umpisa kase ako, maliit lng at andito ako sa abroad. pero hindi naman po 5/6, lower interest lng.

**jhnkvn** · September 23rd, 2013 01:29 AM

Well, difficult but not impossible.

In any case, this differs from bank to bank. So I suggest simply applying (bakit ka pa nahiya eh ikaw naman customer nila) and see if you and the bank can work the details out. After all, most of them simply asks for your income statement rather than your company's financial status. And if they ask, ede simply tell them the truth. There's a lot of businesses out there that isn't exactly registered with the DTI and the SEC you know.

**marjako27** · September 23rd, 2013 01:36 AM

Originally Posted by jhnkvn

Well, difficult but not impossible.

In any case, this differs from bank to bank. So I suggest simply applying (bakit ka pa nahiya eh ikaw naman customer nila) and see if you and the bank can work the details out. After all, most of them simply asks for your income statement rather than your company's financial status. And if they ask, ede simply tell them the truth. There's a lot of businesses out there that isn't exactly registered with the DTI and the SEC you know.

yes i will do that, thanks

**robot.sonic** · September 23rd, 2013 10:00 PM

Kaya matatag banking system natin dahil strict sila.

**dr. d** · September 23rd, 2013 10:09 PM

Originally Posted by robot.sonic

Kaya matatag banking system natin dahil strict sila.

baking system, or BIR?
heh heh.

**revans** · September 24th, 2013 10:49 AM

Originally Posted by robot.sonic

Kaya matatag banking system natin dahil strict sila.

Kung strict sila, upon application ko sa ng car loan sana pina complete na muna sa akin ang mga requirements na kailangan nila. O bago na kalakaran sa banking system ngayon when it comes to car loan, mag downpayment ka na muna, ibigay sayo ang car and then saka ka na pag problemahin?

**revans** · September 24th, 2013 10:56 AM

On a lighter side... this afternoon tatawagan ko yun manager ng bank, bibiruin ko na isuli ko na lang ang car at ibalik nila ng buo ang downpayment, chattel, TPL, insurance and 1 month advance ko hehehehe... coz the truth is, tinawagan ako kahapon ng isang bank na mas binabaan pa nila ang add-on interest rate to 19% for 4 yrs. Ako naman mangungulit sa kanila. hahahahaha