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need advice finacial crisis

AMFUFU

sabb credit card didnt pay for 5 years i want to apply for loan with my bank samba any idea it will be approve or what by the way i have standing loan in samba if i will pay it all up and make a new loan is it possible even i have default credit card pls advice thanks

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SaudiAussie

Hi AMFUFU

If they put you on Semah ( An agency responsible about bad debt ), then no one will give you loan unless your name removed which is very difficult to do.




Cheers,

AMFUFU

if i will pay my credit cards do you think they will remove my name

SaudiAussie

Sure but it will take some time for your name to be removed from Semah black list. Cheers

AMFUFU

how to know if im blacklisted from simah i printed my simah report and didnt see any word that says im blacklisted only default payments pls advice thanks

TheLegendLeads

AMFUFU wrote:

how to know if im blacklisted from simah i printed my simah report and didnt see any word that says im blacklisted only default payments pls advice thanks


:) Don't look for the word 'blacklisted'.

The SIMAH statement is there to provide sufficient information about your lending and settlement history. If any bank wants to give you a loan, they don't want to see if you are blacklisted or not. They want to see how good were you in your previous payments.

About clearance of name, I have seen people trying to do so for the last 6-7 years.

AMFUFU

if i will pay my credit cards do you think samba will give me loan or any bank pls advice thanks

TheLegendLeads

AMFUFU wrote:

if i will pay my credit cards do you think samba will give me loan or any bank pls advice thanks


No.
I have replied to your PM.

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Abdulrahman5555

Ok