According to him, his own loan application was rejected because his salary was too low, but he promised to cover the monthly payments from his motorcycle towing business.
WOULD you be okay if your spouse wanted you to take a hefty car loan under your name?
A Malaysian nurse working in Singapore recently asked this very question online on the Muflis Bankrupt di Malaysia Facebook group.
In her post, she revealed that she has been working in Singapore for a year when her fiancé made an unusual request — he wanted her to take out a Honda FL5 Type R car loan under her name.
A quick Google search revealed a brand new Honda FL5 Type R can go up to RM399,900 while secondhand models often priced from RM 150,000 to RM 300,000.
According to him, his own loan application was rejected because his salary was too low, but he promised to cover the monthly payments from his motorcycle towing business.
Feeling conflicted, the nurse turned to social media for advice. “Should I proceed with his request? I feel very confused,” she wrote.
Facebook user UnderstandingChestnut3460, who works in vehicle collections, shared a harsh but practical warning:
“Sorry sis, I’m just being honest, situations like this happen all the time — people use their sibling, parent, or someone else’s name to get a loan, and in the end the name gets blacklisted. Don’t be foolish, sis. The worst is when a boyfriend does this and later the girlfriend ends up stuck with the debt. Eventually the relationship ends and nobody knows where the car is. Don’t get yourself involved — a woman needs to be smart. Sorry if it sounds harsh, but that’s the reality.”
Meanwhile many others told her to reconsider marrying such a man who hopes to leech off her.
“Even if it were your husband, you wouldn’t need to do this, sis… let alone a fiancé. You could end up trapped. Better to look around and survey other options first.”
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