need advice finacial crisis

Last activity 01 August 2017 by Abdulrahman5555

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AMFUFUMember21 December 2016 23:14:02

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

SaudiAussieMember22 December 2016 08:19:04

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,

AMFUFUMember25 December 2016 16:27:57

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

SaudiAussieMember25 December 2016 17:11:53

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

AMFUFUMember26 December 2016 00:38:01

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

TheLegendLeadsViP26 December 2016 06:10:57

5763

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.

AMFUFUMember26 December 2016 06:40:02

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

TheLegendLeadsViP26 December 2016 07:15:29

5763

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.

Abdulrahman5555Member01 August 2017 14:34:28

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