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Sad Mom

3 banks reject my reno loan

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Hi can anyone here help. :( i just got the keys to my new home and taking up reno loan from RHB OCBC and CIMB all 3 got rejected. I am sad now and felt miserable. My credit score is HH. Heavy family commitments in financial. I am so lost. Can anyone here can advise, what banks that can be able to approve despite of my credit score? :.(  

 

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Try to take a loan from smaller banks. Although in fact it is always a kind of lottery, because you never know which bank will approve your application. In short, try different things if there is no other way out.

 

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   What about alternative banking systems? I've been trying to discover new opportunities lately, and often financial platforms like PayDo provide more favourable terms. I'm above all pleased that I can now instantly exchange money in 12 available currencies at a favourable rate and make payments with lower fees than the traditional bank where I used to have an account offers.

 

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