Posted: 7:19pm 01/10/2025

car loan for 3 months” width=”392″ height=”690″ srcset=”https://cdn.sinchew.com.my/wp-content/uploads/2025/10/e8a786e9a291e2808be8bda6e8b4b7e6aca03e4b8aae69c88e8bdbfe8bda6e8a2abe68b96-23e5b281e794b7e4b8bae4be9be5bc9fe5a6b9e999b7e59bb0e5a283.png 392w, https://cdn.sinchew.com.my/wp-content/uploads/2025/10/e8a786e9a291e2808be8bda6e8b4b7e6aca03e4b8aae69c88e8bdbfe8bda6e8a2abe68b96-23e5b281e794b7e4b8bae4be9be5bc9fe5a6b9e999b7e59bb0e5a283-227×400.png 227w” sizes=”(max-width: 392px) 100vw, 392px”/>(Kuala Lumpur, 1st) A 23-year-old man was unable to repay his car loan for three consecutive months because he had to bear the living expenses of his family. As a result, his car was dragged away by the bank. In desperation, he had to ask netizens for help, which caused heated discussion!
According to the video uploaded to TikTok by @wachaoulo, he revealed that he had not been able to pay installments for 3 consecutive months, resulting in the finalization of his second domestic car, Myvi sedanBeing dragged away。
He also explained that he was in trouble because he had to bear the living expenses of his family, especially his two younger siblings who were still studying and had not received allowances and scholarships.
“I have to rely on my salary to support myself and have to bear two younger siblings who are studying and not receiving allowances and scholarships.
“If they can’t get (subsidies) within 3 months, I have to bear the expenses on my behalf, and financial problems will arise.
“After the car was towed away, everyone blamed me… It would be really troublesome to not have a car in the future.”
He also added that he was unable to redeem the car because he missed the final redemption period.
In response, many netizens left messages to cheer him up, hoping that he could cheer up and face difficulties.
“You can try to find a new job or work part-time subsidy income, as long as it is legal. You are only 23 years old, and your life is still long, and there will be difficulties, but as long as you give yourself time, you can slowly stabilize. As long as you have discipline and persistence, and self-discipline to control yourself, you will definitely be able to overcome it.”
Some netizens also suggested that he seek financial consultation or discuss car loan repayment plans with the bank.
“If you really have insufficient funds, you might as well negotiate with the bank. I have fallen myself. Although I am living a tight life and my name is still on the blacklist, I can still come out step by step. You can also settle the accounts, negotiate, and start bravely again.”
