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YCE Loan Consultant - Calvin, 50-C, Jalan Kelawai, George Town (2026)

30/01/2024

Chinese New Year 2024 is around the corner. May the Dragon Year 🐉 escalate your endeavors to pinnacle of success. YCE wishing you a prosperous and successful Chinese New Year. 🎆🧧🧨

30/09/2023

It only takes a minute to know whether your loan is approved !!!
What is DSR? 🤔
DSR , also known as Debt Service Ratio, compares your monthly fixed debt and net income. This is one of the criteria banks use to measure the ability of home borrowers.
Most banks set the DSR threshold below 70%, but it will also be adjusted according to your income. After all, each company has its own auditing standards. A low DSR means that the borrower has a high ability to repay, so the lower the better!
How to calculate?
DSR = Fixed Debt per Month ➗ Net Income per Month ✖️ 100%
Example: Xiao Ming wants to buy a house for RM600k. His monthly salary is RM7000, and he also paying for a RM800 car and RM110 per month for PTPTN loan
Net income per month = RM7000 - RM770 (EPF) = RM6230
Xiaoming's DSR = RM1000 ➗ RM6230 ✖️ 100% = 16.05%
70% - 16.05% = 53.95% (remaining limit)
Conclusion: This means that John has about 54% of his net income left to pay off his mortgage. There is a good chance that the bank will approve his loan application. Of course, the bank will still study his credit report to determine whether the application is really approved.
If you still can't tell the difference and think the calculation is too difficult, it doesn't matter, let YCE help you! YCE was established by a group of financial professionals. Our team has a lot of experience and experience, and only provides and effective financial solutions to help you pass your loan application quickly 🤓

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29/09/2023

Want to pay off your mortgage at a lower interest rate? Home refinancing!
Want to shorten your mortgage repayment period? Refinancing!
Want to cash out extra cash? Again, refinancing!
What exactly is House Loan Refinancing? 😵‍💫
In a simple explanation , it is to apply for a new loan from the original or another bank to repay the current housing loan.
When should you refinance your home loan?
1. When the market value of your real estate appreciates 📈
We can use the current market price of real estate to compare with the current loan owed to the bank, use the differences to cash out additional cash, and pay off the remaining arrears.
2. Current interest rates are low 📉
As the economy changes, Bank Negara will adjust the Overnight Policy Rate (OPR), which will affect the base rate (BR) of each bank and indirectly determine the interest rate of your home loan. When BR falls, we can refinance our home loan, get a (new) real estate loan at a lower price, and then enjoy lower monthly repayments.
3. When the borrower’s financial situation is more stable 🤑
If the borrower's financial situation gradually stabilizes, home refinancing can help shorten the repayment period of the mortgage, allowing you to pay off the loan faster.
Can't resist thinking about refinancing your home? Let YCE Management Sdn Bhd help you! We have professional financiers who can help you refinance your mortgage more effectively! 😎

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28/09/2023

Starting a business is easy, but keeping it is hard.
Modern young people want to create their own piece of sky, but do you really understand the difference between a sole proprietorship (Sole Proprietor) and a limited company (Sdn Bhd)? 🤔
Check out this post because us clear it up for you!
If you are still confused, afraid of making the wrong choice 😵‍💫 No worries, YCE will assist you!

27/09/2023

𝗔𝗻𝗱𝗮 𝗹𝗮𝗵𝗶𝗿 𝗽𝗮𝗱𝗮 𝘁𝗮𝗵𝘂𝗻 𝟵𝟬-𝗮𝗻❓ 𝗣𝗲𝗿𝘁𝗮𝗺𝗮 𝗸𝗮𝗹𝗶 𝗺𝗲𝗺𝗯𝗲𝗹𝗶 𝗿𝘂𝗺𝗮𝗵❓ 𝗜𝗻𝗶𝗹𝗮𝗵 𝘆𝗮𝗻𝗴 𝗮𝗻𝗱𝗮 𝗽𝗲𝗿𝗹𝘂𝗸𝗮𝗻❗️
Ramai orang ingat kena berumur sekurang-kurangnya 30 tahun untuk membeli rumah, tapi anda silap! 🙅🏻‍♂️🙅🏻‍♀️ Yang lahir selepas 90-an juga boleh dapatkan rumah pertama mereka ketika 20-an dengan mudah! 😎
Bagaimana?
⭐️ Mempunyai deposit bank sekurang-kurangnya 10% daripada Perjanjian Jual Beli. Tunjukkan penyata FD kepada pihak bank untuk semak, ini boleh meningkatkan skor kredit~
⭐️ Mempunyai pekerjaan yang stabil
Kerja sekurang-kurangnya 3 bulan, bank akan semak slip gaji anda. Jika anda seorang usahawan atau bekerja sendiri, anda memerlukan penyata bank 6 bulan.
Ps: Lebih mudah untuk mendapatkan pinjaman jika anda bekerja di syarikat Multinasional (MNC)
⭐️ Rekod CCRIS yang baik
Jangan berhutang terutamanya kad kredit dan PTPTN! Selesaikan hutang tepat pada masanya!
Jika anda tidak mempunyai kad kredit, jangan fikir ini akan meningkatkan skor kredit anda~ Kad kredit boleh mengurangkan interest. Anda boleh menonton video kami sebelum ini untuk mengetahui lebih lanjut tentang kad kredit.
⭐️ Laporkan saham yang anda laburkan kepada pihak bank
Mempunyai pendapatan dividen daripada pelaboran saham akan meningkatkan skor kredit anda
Jadi tunggu apa lagi? Cepat dan kumpulkan! Jika tidak, nanti tak dapat~
Ramai pemohon 90-an telah diluluskan pinjaman selepas seminggu! Rakan-rakan yang permohonan ditolak, jangan patah semangat, biar kami YCE bantu anda! YCE Management Sdn Bhd ditubuhkan oleh penasihat-penasihat kewangan. Pasukan kami mempunyai banyak pengalaman, dan hanya menyediakan penyelesaian kewangan yang sesuai dan berkesan untuk membantu anda lulus permohonan pinjaman dengan cepat 🤓

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26/09/2023

You may hear people saying about refinancing housing loans but do you know why is it beneficial or detrimental to you? 🤨
Pros 👍🏼
⭐️ Obtain a lower Effective Lending Rate (ELR)
⭐️ Shorten the mortgage tenure
⭐️ Able to cash out to finance other needs
⭐️ Consolidate debt to save interest
Cons 👎🏼
🔥 May incur penalty charges for early repayment
🔥 May incur additional cost for refinancing to be successful (eg. moving cost)
🔥 No 100% guarantee on bank approval, subject to individual’s existing credit score and income
Now, you understand the pros and cons, are you going to refinance your housing loan? 🤷🏻‍♂️
YCE is a team of professional and experienced financial experts that provides customized solutions to your financial challenges. They have helped many clients to get banks approval on refinancing housing loans.

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25/09/2023

Is your credit score too low? Please improve it promptly! 🆘🆘
Are you still feeling troubled because your credit score is preventing you from getting a loan?
Come to YCE Management, and we will help you boost your credit score and quickly recover your finances! 🆙🆙
At YCE Management, we provide one-on-one financial advisory services. When reviewing your financial reports, you can confidently disclose your financial situation to us. We do not charge any consultation fees before you provide the information, and we ensure the security of your data. We will assist you in smoothly applying for a loan, saving you worries, time, and effort! Of course, the maximum borrowing limit will be determined based on your financial situation, and we will strive to help you obtain as much as possible. 💲💲
In addition to remedying your credit score, our services also include housing refinancing, personal loans, credit card applications, small and medium-sized business loans, and debt management plans or consolidation. If you are interested and want to learn more, feel free to contact us via PM or WhatsApp. 📥

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24/09/2023

Menggunakan pinjaman untuk mengumpulkan dana untuk perniagaan adalah perkara yang biasa. Namun adakah anda tahu bahawa setiap perniagaan perlu menyediakan dokumen yang berbeza? 🤔
🆘 Persoalannya sekarang, bagaimana untuk memohon pinjaman daripada bank?
Hanya dua cara:
1️⃣ Anda boleh pergi ke bank berdekatan untuk memohon. Namun, menyediakan dokumen-dokumen ini tidak menjamin pinjaman anda akan diluluskan. Dokumen-dokumen ini juga boleh mendedahkan jika profil syarikat anda tidak cukup kukuh.🤯 Anda mungkin perlu pergi dan balik bazir masa dan tenaga untuk membetulkan dokumen-dokumen tersebut. 📑💢
2️⃣ Cara kedua adalah konsultasi dengan YCE terlebih dahulu. Mencari kredit yang sesuai untuk perniagaan anda ibarat berjumpa doktor.🩺 Hanya jika anda memberikan maklumat yang lengkap, baru kami boleh menganalisis situasi kewangan perniagaan anda dan seterusnya cadangkan pilihan yang tepat, untuk meningkatkan peluang pinjaman diluluskan.💯 Bukan anda terus pergi ke bank dengan permohonan pinjaman yang tidak lengkap, dan memberi kesan kepada skor kredit anda, tetapi juga boleh menyelesaikan masalah dana perniagaan anda. Sambil menyelam minum air! ✅

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23/09/2023

Applying for a loan with a happy heart, eagerly awaiting the result, only to have the loan rejected?! 😭
Don't panic, don't be disheartened. This happens all the time, and what you need to do is:
1️⃣ Find out why it was rejected:
Each person's profile is different, so the reasons for rejection will vary. Only by understanding the reasons can you take the right steps to improve your profile.
2️⃣ Don't rush to reapply: Reapplying in a short period of time can affect your credit score. It's best to identify the reasons for the rejection and take appropriate measures to improve your profile before reapplying.
3️⃣ Seek professional help: Whether it's a personal loan, a home loan, or a business loan, if your loan has been rejected and you're not sure what went wrong, you can provide us with detailed information about your situation. We will help you fight for the loan you deserve.
The rain will stop 🌧, and the sky will be clear 🌤. Nothing stays bad forever.
If you don't know what to do about your loan rejection, come to YCE Management. Helping you get your loan approved is our ultimate goal 🎯.

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22/09/2023

As a grown up, getting a loan is an inevitable process in life.
At one point or another, you might have to consider getting housing, cars, business or even personal loans.
However, take note that going straight to the bank before the loan consultant is like going to a war without a battle strategy.
We need a plan to increase the chances of winning.
Hence, YCE management Sdn Bhd is the advisor that you will need. We help to pinpoint the criteria for the loan as well as the bank that suits your requirements. Moreover, they have testimonies to prove their successes.
With the right consultant, the loan is no longer out of your league. What are you waiting for ?

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21/09/2023

Get to know the difference between secured and unsecured loans with YCE Management!
1️⃣ A secured loan is a type of loan where you provide collateral or something valuable to the lender. In times that you are unable to repay the loan as agreed, the lender has the legal right to take possession of the collateral to recover your debt.
2️⃣ An unsecured loan is a type of loan that doesn't require any collateral but the lender will evaluate your credit scores, income, and employment history before giving you the loan.
So which loan should you consider🤔?
Well, you should first know what you’re using the loan for, secured loans are mostly useful when purchasing a property. Since the lender has an asset to fall back on, secured loans generally have lower interest rates and are easier to obtain.
If you want greater flexibility in how you use the loan, unsecured loans do not come with restrictions on usage and have a simpler and faster application process compared to secured loans. This is especially beneficial when you need funds quickly for emergencies. However, keep in mind that unsecured loans come with higher interest rates because the lender is taking on more risk without any collateral to mitigate their potential losses.
Still unsure which loan best suits you😤?
📞Consult YCE Management and speak to our financial advisors to get personalized financial advice today!

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20/09/2023

3 𝑬𝒔𝒔𝒆𝒏𝒕𝒊𝒂𝒍 𝑭𝒂𝒄𝒕𝒔 𝒂𝒃𝒐𝒖𝒕 𝑳𝒐𝒂𝒏 𝑰𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝑹𝒂𝒕𝒆𝒔
📈📉Apart from benefiting banks, do you know how loan interest rates work?
🇲🇾🇲🇾Loan interest rates can be categorized as fixed or variable.
Regardless of market fluctuations, fixed interest rates, as the name suggests, remain the same throughout the loan tenure. On the other hand, variable interest rates adjust based on the Standardized Base Rate (SBR) regulated by the central bank of Malaysia (BNM - Bank Negara Malaysia). Your actual interest rate, known as the Effective Lending Rate (ELR), is determined based on the bank's Base Rate (BR). Since the BR is calculated considering factors such as each bank's funding cost, statutory reserve requirements, borrower's credit risk, and operating costs, it varies among banks. For different types of loans, most ELRs remain fixed for a specific period before becoming variable.
Therefore, apart from the SBR and BR, your ELR is influenced by your credit history, loan amount, and income level.
In a nutshell:
1️⃣ The better your CCRIS and CTOS scores, the lower the interest rate.
2️⃣ Longer repayment tenure and higher loan amount result in higher interest rates.
3️⃣ With a certain amount of disposable income after deducting basic expenses, the interest rate tends to be lower.
It's essential to understand that interest rates are only a part of the overall loan cost. Other factors, such as the market economy, also affect the overall expenses. When determining which loan suits you best, it's crucial to compare offerings from different banks and seek the lowest interest rate.
If all this seems complicated, don't worry! 😲 You can consult YCE Management, where our team of financial experts provides professional financial advice and is available 24/7 to answer your questions.

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YCE Loan Consultant - Calvin

30/01/2024

30/09/2023

29/09/2023

28/09/2023

27/09/2023

26/09/2023

25/09/2023

24/09/2023

23/09/2023

22/09/2023

21/09/2023

20/09/2023

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