Update: Local Telco Postpaid Line history might also be included in your reports that could also affect your credit scores. This is still a gray area since Globe and Smart are not listed on CIC's website as reporting agencies. Thank you @mynameassenav for sharing your experience/info! :D
Hi! Just to add re sa question if ma approved paba sa loans or credit card if my delinquent account, the answer is no po. you need to settle muna yong delinquent acct and secure a certificate of full payment. My database po ang lahat ng banks and makikita at makikita nila ang delinquent acct mo. If you settled it already, always attached your certificate of full payment when applying for a loan or CC. Thanks 😀
Hi Sir.. I've been wanting to pay my unsettled debt sa Citibank.. way back 2009... Kaso di ko na ma contact young collections team... Hindi rin ako masagot no Citibank, wala n daw sa knila.. willing to pay naman ako.. wala lang talaga ako means to contact them
1st question: Can i pay my unsettled credit card to the bank even if they sold it to collection agency? 2nd question: Can i pay the credit limit amount only intead of paying the whole amount with interest?
1. once your account has been turned over to the collection agency, you have to settle it with the collection agency na. 2. it depends on your negotiation with the bank/collection agency, but most cases -- no, di sila papayag.
Binge watching your videos po. Hahahah addicted na ako kasi informational iyong videos mo. Anyhow, mind if I ask personal questions? What's your field of work po pala? Para ka kasing financial advisor. 😊😊😊😊
question po, i have loan from my previous company namely ADVANCE, TSAKA SAVII(FORMERLY UPLOAN) WHICH IS AFFILIATED NG COMPANY KO NA NAG RESIGNED NA PO AKO AND NOW I HAVE A LOAN FROM THIS LOAN INSTITUTION NA BESTLOAN ,DI KO PA PO NABAYARAN SINCE DI PA AKO NAKA CLEARANCE AND IM SURE FOR FINAL PAY SILA MAG DEDUCT, AND IM PLANNING TO RENEW MY BESTLOAN ,MAKIKITA PO KAYA NILA NA MAY OUTSTANDING BALANCE AKO SA PREVIOUS COMPANY THAT WOULD POSSIBLY DECLINEE MY RENEWAL PO?
Question po kung yung payroll account po or atm parehas ng credit card ko at hindi ko nabyaran yung utang ko sa credit card ikakaltas ba nila utang ko kung nasa ibang company na ko? Lalo na ku g parehas ng name ng atm at credit card
Hi Beeman! If it's for the sake of increasing your credit score, then it's a no-no. A better motivation for getting loans is to invest it on properties or businesses that could beat its interest rate (i.e. capital appreciation)
it depends sa bank pa rin na hihiraman mo. same analogy na pag humiram ka sa kaibigan mo tapos alam nya na di maganda ang records mo sa utang, then most likely di ka pauutangin.
Not sure. Pero most likely pwede maging fraudulent case yan and can be subjected to court. Best to consult a lawyer regarding this since that sounds illegal!
Hi! Your credit card account and your savings account are 2 different entities. Although, yung ginagawa ng ibang banks is kapag di mo binabayaran yung credit card mo, binabawasan nila yung savings account mo. Honestly medyo gray area pa 'to since ideally hindi dapat.
As long as they are regulated by BSP, then yes. I assume they're regulated by BSP too and that they are also institution submitting credit reports sa CIC, then oo makaka-apekto yun.
Will it affect the credit score po ba pag willingfully isusuli yung item (appliances, phone etc.) na hindi na kaya bayaran before ito bawiin ng store? Thanks po
Hi sir! May loan po kasi ako sa sbc around 4k yun then nag pandemic hindi ko nabayaran e salary deduction yun. And then after nun ng resign ako, tapos naka hanap ako ng work now, and now yung work ko na nahanap now is the same bank which is sbc din yung bank na assiociated sa company ko. Magkakaproblema ba ko dun or dun nila de deduct yung pending payment ko sa sbc. Maraming salamat po sana i ma notice nyo to and masagot nadin! By the way nakapa informative ng videos mo sir dami ko learnings. God bless sir! 😇😇😇
Hi Dheen! Apologies for the late reply. Got busy lang. If I got it correctly -- bank mismo yung gagawa ng salary deduction and not your previous company, right? If that's the case, wala ka dapat magiging problem as long as may laman yung bank na magdededuct ng pambayad mo sa loans. But I best recommend to verify this with your bank. It's better to be proactive and "ma-praning" and do due diligence on asking (because it's always free to ask) kesa sa maka-encounter tayo ng unforeseen mishaps. Hope this helps! :)
hi, question po.. meron akong 3 credit cards na hindi na nabayaran more than 10years ago na.. nasa collection agencies na lahat yon.. then i tried na bayaran na silang lahat recently.. my question is, pag na-clear na ba yung outstanding balance ko sa credit report ko, tataas narin ba yung credit score ko? or need ko irequest sa collection agencies na idelete yung delinquent accounts ko? thank you in advance.
Hi, may credit union ba sa Philippines? Uuwi ako ng Manila soon and I dislike big banks and was wondering if there is a credit union back home. Thank you
I have a question regarding a govt salary loan 18 years ago made through his employment at a municipality. How do we help this person settle the debt? He is no longer working for that town for more than 15 years. We will help pay for the principal amount of 13K but not the total with interest of 45K. He did not know it has accumulated so much interest, and after 18 years he received a copy of letter to the new mayor showing his name and the amount to be paid with interest. Shall we hire a lawyer to help us settle with the bank or we can directly go to the bank and talk about settlement? We don't want to deal with the town mayor as much as possible. So timely for the election period.
Hi! If the money is from the bank, I think it just makes more sense to talk to the bank directly. Sa bank naman po siya may utang -- not with the mayor, I assume? Yung interest, most likely it can be negotiated na bawasan or pwedeng installment yung payment. Hope this helps!
@@osheanlee good day sir. question lng po. what if the person who issued the bounced check is experiencing financial distress because of the effect of COVID19 and this Pandemic? what should that person do sir?
@@cincosherrylmotovlog9302 Hi! I'm not sure if pag-nagttake effect pa yung parang memorandum na pwedeng i-delay ang pagbayad ng debts. Negotiate with your bank on this if ever. Baka may ma-offer sila na flexible terms of payment if ever. :D
Good afternoon.i just want to ask because my son has a car loan.He does not miss paying even a single month but during Pandemic there are pronouncements from our gov't that payment of credits can be delayed especislly from banks (correct me if im wrong) and my son did not pay for 2 months.When he asked the bank of his total payable amount to payoff his credit loan, he found out that the bank charged him a high rate for the months that he did pay cause of pandemic.please help.thank you.
Hi! Would you know if what's the resolution when he called the bank? Were the months that he did not pay was during ECQ? Hope this could help: www.creditinfo.gov.ph/philstar-banks-urged-not-declare-loan-defaults-during-ecq Also if via e-mail yung inquiry, best to copy furnish the Bangko Sentral ng Pilipinas. Best to get the policy that was implemented by the government during the months na hindi po nakapagbayad yung anak po ninyo. Hope this helps!
Hi Thank you for the great information. Do you happen to know where can we submit a personal loan kahit may issue ako with Unionbank last 2017 but i still have an active credit card with Security Bank since 2020 and fully paid. Saan po kaya maganda mag submit ng loan?
Hi! Short answer is yes. Kasi kinoconsider nila yung kung gaano katagal ka na may credit account. Pag kinlose mo yun, mapuputol din yung length of record mo. Kung hindi mo naman ginagamit, I'd recommend to use it kahit sa pambayad ng bills pero bayaran mo agad if you're using online payment for credit cards. I do that, since I don't treat my credit cards as extra cash. It's just a convenience tool. And sayang yung points. Hope this helps! :D
Hi Jenna! You might not have any credit scores as of the moment when you try to get it. You can start building up your credit score by getting a credit card. It's the best way to build one :)
HELLO nice videos! Dami kong natutunan! question, how bout po yung mga gym membership like fitness first? makaka apekto ba yun sa credit score? thanks!
Hi Ina! Thank you for watching ❤️ hindi po sila loan company/credit company, so my answer would be no. And usually I only base it on the list of submitting agencies sa CIC na nasa website po nila. Hope this helps! :)
Hello Oshean. If my debt is already with a collections company, can I haggle with the price they are asking me to pay? I've read na you can but at what percentage?
Hi! Yes, you can. In my case, I had a debt of almost 500k, but the collecting agency offered me na I can pay 160k na lang -- 1 year to pay siya though. 60% yung interest since 100k yung credit limit ko. So maybe around that percentage yung pwede mo i-haggle? It's still big -- but worth a shot to lower it. More info about my story on this video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-3gVOBEoNSw4.html
Thank you! It's a burner account. Hehe. Mine is just around 80k. 55k credit limit. Can you advise me how much should I just pay? It's been delinquent for more than 5 years already but I wanna clear my debts na. I was young and irresponsible back then.
I have 100K Credit Limit and dikuna sya nabayaran.. Now the collection agency gave me discount and asking me to pay for almost 25% of it to get a Certificate of Full Payment. Ask ko lang po if mawawala ba un sa record ko sa CIC if I’ll present the Cert of Full Payment?
Hello! Hindi po. Once na nagka-delinquency ka na sa bayad, hindi na po yun mawawala sa records po ninyo. What you can do is to improve your future paying habits para ma-record din siya sa CIC. :)
Your negative record in the CIC database will only stay for a maximum of 3 years after it has been corrected with full settlement. This is stated in Section 4, Item H of Republic Act 9510.
@@osheanlee hello sir Osh, I appreciate your quick reply po. I see. sige po kasi po mejo skeptic ako dun sa 3rd party.. okay lang po kaya if sa bank ako derecho magbayad? Makakuha pa din po kaya ako ng certificate of full payment?
Hello sir question I have loan sa BPI and they are saying na under legal team na daw yung akin. Tumawag yung attorney saying na mag papa blotter na daw sila. What should i do?
Sir pano po sa case ko wala naman po talaga ako napurchase sa credit card ko (bankard) binayaran ko po napurchase ko 300 lang..ung annual fee nasa 2k plus pinapawaive ko ayaw nila ( year 2020) pandemic po tayo nawalan ako ng work..ngayon po third party collecting agency na po tumatawag at email sa akin..nananakot sila na may sheriff ganun, pupunta sa bahay kukunin gamit, salary, pera sa banko, etc..ngayong 2023 umaabot na daw 7,900 utang ko..nagdadalawang isip po ako magbayad at hindi ko naman talaga ginamit yun..dati ko naman po nawe waive annual fee ko sa kanila ngayon lang di pumayag.
Sir ung last month po kasi ng bayad ng sasakyan namin 6k lang po ung dinebit sa account namin pero 13,400 po ung monthly namin. Sa huling bayad po ba talaga ng sasakyan ibabawas na dun ung rebate? Mar rebate po ba ung car loan?. Thank you for answering
Sir..asking...ang brother ko na delinquent sa CC..now he own motorcycle(2nd hand) balak nia I pa transfer of ownership ang MC under his name....Isa s required Ay going to HPG Camp Karingal for personal information or so on.....MD yo na bother cia doon sa senaryu n yun....Baka kase I hold cia or detain..if lalabas sa record ng HPG police na me CC bank delinquent cia...thank po sana malinawan kmi
Hi Andi! It’s best to ask a lawyer for that question. Hindi rin ako sure sa sagot ko, but my other question is: nabayaran na ba ng brother mo yung CC nya before? If yes, the more na I don’t see a reason para i-hold siya. Second - if not yet, I still don’t see a reason para i-hold siya kasi transfer of ownership naman. And also wala pong nakukulong sa utang as per our constitution BUT pwede lang makulong if it’s proven in court na may intent na takasan ang utang. Hope this helps!
hi sir... just wanna asknif a late payment of 5days from the due date of cc will affect the cc score? another question is if your not paying the full amount every month and just paying a partial amount that is a little bit higher than the minimum amount to pay, will that affect your cc score?
Sir Question Po, delayed Po kami sa monthly amortization Ng car loan. Bnbgyan Po kami Ng 5days to surrender the car and settle the principal outstanding balance which is nsa 500k pa. Nag bayad Po kami pero ung balance to cover Po ung delayed amount pero ayaw nila tanggapin pinipilit na isurrender Ang ssakyan. Any advice Po sir. Salamat
Hi Oshean! I just want to know your opinion about this, I had a quickloan with UB in 2019 for 4k lang naman, it was supposed to be a salary deduction but since I resigned the same month, hindi ko siya nabayaran so my account got deliquent and was endorsed to 3rd party collections na. Then now, to my surprise, I've accessed my UB online banking, and the 4k is still showing there as a negative balance without interests. I know it has affected my credit score, that's why eveytime I apply for a credit card, they just offer me a secured CC. Now, I am planning to pay off my loan with UB. Do you think I need to confirm pa with them if magagamit ko pa yung savings account ko pag pinay-off ko yunf loan?( it's a payroll account kasi ) or automatic magko-close yon? Also, I was wondering if real time ba ang credit score update once na nagbayad ka ng bank loan? TIA. ❤️
Hi! Sorry for the late reply. Hmm ang alam ko kasi, they can give you options on how to pay it -- and hindi siya exclusive lang na idededuct sa savings account. Pwede siya kahit over-the-counter sa bank. I think it's best to have your savings account closed and open ka na lang ng bago siguro just to be sure? and also better to discuss it with the collection agency kung papaano yung terms of payment :D hope this helps! :)
same here, i have an outstanding loan in ub and haven't paid it yet after being positive sa covid, did you already pay or loan? what options did the agency provided to you? tia
Hello po I have question ano po ba ibig sabihin nang cancelled loan kasi po i tried to apply for a home credit pero hindi sya na approved kasi may cancelled loan dw po ako ..paano po ba yan maayos? Thanks in advance
Hi Lea! Sorry late reply. Afaik cancelled loan is nag-loan ka before pero either hindi mo na-settle siya. Would you know if meron ka bang inuntangan before na bank kahit credit card? Hope this helps! You can also check your credit reports to verify also your records on this.
I have a question po. What if almost 10yrs ko na di nabayaran card ko sa hsbc tas pinasa na sa collecting agency, i think madami cla nag ffollowup sa akin nun. But then nawalan na po ako ng contact and i decided to pay it now. Sino or saan po ako pupunta to know my balance?
@@osheanlee sir, pag more than 10 yrs na at hindi na lumalabas sa Transunion report, 1. Does it mean defaulted na yung account at listed na sa negative list ng banks? 2. If I pay it, sa bank ko ba siya babayaran or sa. collection agency na?
Hi may i ask. Nasa 3rd party collection na yung credit card ko. And then tumatwag ako sa collections nila tpos sa nkailang calls ako. Sinabihan ako na irestructure and then pay the 10% of the amount and then once payment made twag daw ako ulit. Pra sa restructure.. after a week tumawag ako. Pinagpasapasa ako. And sa last call ko pinasa na ako sa 3rd party so ayun kinausap ko. And then as per checking wala daw request for restructure.. ano bang dapt gawin.. nyan sir. Prang pinagloloko nila ako at pinapaasa na tayo namn sana ay nkikipag communicate ng maaus
Sir may mairerecommend ba kayo na best credit card na no annual fee? Sa security bank kasi may annual fee nawi-waive lng kpag nag spend ako ng 10k kaya ginagamit ko siya sa tlga basic needs. Pero mas gusto ko pa rin wlang expenses, reserba ko lng kasi ang credit card kpag may emergency dun ko lng tlga gustong gamitin. Second question po, may utang po ako s credit card dati lumagpas ng 90 days bago ko nabayaran in full may binigay nman na sulat sa akin na na settle ko na, ibig pa rin po ba sbhin na may bad record pa rin po ako? I hope you will reply po, Ito po tlga mga concerns ko. Salamat in advance sir
Hi Rolan :) 1. For No Annual Fees, BPI and UnionBank pareho silang may promo ngayon na NAFFL na credit cards. a. BPI: www.bpi.com.ph/creditcards b. UnionBank: www.unionbankph.com/cards/credit-card/discounts-and-promos?id=2348 Security Bank's Titanium na NEXT Mastercard does not have annual fees din. Though ang cons lang sa kanya is once na nag-exceed ng 5k ang purchase mo using the card, automatic installment siya (at I think may kasamang interest). But IMO the best credit card na walang annual feel right now is yung Citibank Rewards. Naka-promo rin sila ngayon na if you apply until end of Feb tapos na-approve ka tapos you spend 20k within 2 months, NAFFL na yung Citibank Rewards mo. Tbh I do not recomend Citibank's Simplicity+ kahit NAFFL siya because the rewards are not that enticing sa Simplicity. Hope this helps!
Hi po. Hope you can help me with my question. I can't pay my credit card bills on full amount. Can I call the bank and ask for restructuring? I want to pay it all but what is the best way for me to say so they can assist me. Thank you!
Sir question po pano po ba yung credit card na never naman po nagamit as in nasa bahay lang po pero. Pero kahit po hindi nagamit eh nag ka bill po kami na 7k po pede po ba i pa cancel yun? Thankyou po!
Hi ano po possible solution if you have good credit standing but suddenly can't pay the credit card company because the amount due is due to a fraudulent transaction or in short, you're a scam victim. Thank you in advance.
Hi! New subscriber here! I like your video, very informative. I was just curious about the credit score, GCash is giving a credit score, yung credit score ba ng GCash base din sa entirety ng credit history ng Gcash member? Thanks for answering... :D
1. Afaik it's illegal for banks to send credit cards na hindi sinasabi sayo before ipadala. 2. You can negotiate with banks on how to pay your credit card. You can check out my other videos. I have a full playlist of all about credit management. :) Hope this helps!
I am a credit card deliquent for 3 years. I just applied for a personal loan sa bpi which I dont have outstanding debt. can collection agencies track me down with the info I just submitted to my bpi personal loan? 😮
not sure with collecting agencies, but definitely BPI will know na you are a credit card delinquent. So high chance na they will disapprove you of your personal loan. :)
Pa notice po sir nakakabawas ba ng credit score ung paulit ulit ako nag apply pero decline tapos weeks palang re apply namn ako ang ending decline lagi naka 5 times atah ako ok lang ba un. Pls reply thanks
My last payment was last Nov 2019 since nagka pandemic dq na update ung hulog q my limit is 10K☺️ only pero Ang debt q daw now ay 57K na, sabe Ng CA bayaran q daw until June 30 Ng 3K at wag lalagpas Ng 11am para maipasok sa promo nila, magiging 27k na Lang daw payable in 6mos sabe q sa collector dq kaya mag produce Ng 3k until June 30 @ 11 am and d q kaya mag bayad ng 27k within 6 mos, gawan q daw Ng paraan, sabe q anu gagawin q magnanakaw aq sabe bahala ka mam nasa sayo Yan Basta isettle mo, I am willing to pay nman pero dq Kasi kaya ung 27k, pwede pa Po bang bumaba pa to? Thanks in advance
Hi po ask lang after making a full payment from the bank can I still retrieve my credit card or can I still use it? though it was sent to collections agency?if ever na pwede pano po? kasi nag ask po ako sa bank but they said na I need to contact the Collections. Tia po!
Will they proceed with legal process for unpaid personal bank loans? Tight budget now then can't pay for like 3more months pa, ma foforward daw sa collections yung account ko not sure what will happen next.
Hi Jessa! Watch my other videos too to learn more. But TLDR is yes -- pag hindi po binabayaran ang utang, banks will forward them to collecting agencies and/or it will subject to legal actions as well. :)
Sir ask KO Lang ano po Kaya ang pwede gawin if Yung bank collector ipinagkalat sa mag kapitbahay Ng nag loan ang loan nya sa bank na delayed Ng almost 2 months dahil sa nalugi Kaya Di nakahulog, at sinabihan na kasuhan at papabarangay or papa pulis
@@osheanlee lagi pa po ang calls Ng bank manager at isa pang empleyado nila na na papapulis ako at magkita n alang barangay pati po sa text. Ngayon po Kalat na Kalat na sa purok na delayed ang bayad sa loan at magkikita sa barangay. Pinadalhan pa po Ng letter papakasuhan sa lawyer nila at pinapirma.
Hi po would like to ask a question. Do you know po if ever it will hurt your credit score if you would be changing from a mastercard to visa since it would be a new account and a new card with a different number and they said I can deactivate my old account when the new card arrives. So ayun po I was wondering if by closing my old account since I requested for a change in type of card will it affect my credit history or will it just carry on to my new account. Thanks!
Hi! The length of your credit line is also a contributing factor to your credit score. Although usually mga nasa 15% lang naman siya. My recommendation for this is to keep your mastercard pa rin. If your bank charges you for your annual fee, call your bank asap to have it waived. If ayaw nila ipa-waive, feel free to have it closed. Their loss, not yours. :)
Hi sir. Forgot to ask.. Can i still work overseas though i have debts in thr philippines? Im now applying for overseas work so that i could earn higher and slowly pay all of my payables.. Aside from that ive started doing part time jobs..
Hi! Afaik yes as long as you tell your banks your updated contact information and address. Failure to do so can be grounds for fraud (i.e. never takasan ang utang). :)
Hi po, I hope matulungan nyo po ako kung anong dapat kong gawin. Hindi ko na po mabayaran CC ko 75k lang credit limit ko pero umabot ng 117k na po ang bill ko dahil sa interest. Nasa collenction agency na po then legal actions may lawyer na nag txt sakin na 89k nalang daw babayaran ko pero still malaki.
Hi sir , sir meron debt ang auntie ko sa cc niya na 62k na inutang ko pambayad ng hospital bills, unfortunately di ko sya kayang bayaran ng buo sa duedate , any possible solution po ba regarding this matter
Hi! Unfortunately you still have to pay it pero baka pwede mo i-negotiate sa bank kung pwede mo siyang bayaran na staggered payment instead na isang bagsakan. Though i-expect mo na most likely may interest na yun. Hope this helps!
@@osheanlee another question po, ginagamit ko kasi sa business yung credit card ko. What I always do po everytime ginagamit ko ung card ko ay binabaydan ko na din po agad kinabukasan (aware ako sa multilple payment fee). The reason why is natatakot ako baka magastos ko ung pera 😅 Okay lang po ba yun? Swipe now then bayad agad kinabukasan? Minsan nga po same day 😅
@@rurucinque8505 Hi! Oo naman! I also do that too. Buti na lang yung credit cards ko (which are Security Bank and UnionBank), hindi sila nag-ccharge ng multiple payment fees. But yeah that seems okay naman. Also I think hindi nakaka-affect yun ng credit history. Hope this helps! :)
@@osheanlee meron po ba program ang any bank kung san pwedeng sila mag settle nung unpaid dept then kay bank na magkakaron ng bagong utang para malinis yung name? Thank you somuch po sa sagot sir
@@cheaplean2096 Yes meron. Security Bank has this. yung Balance Transfer. Hindi ko lang alam yung ibang banks, but hopefully meron. You can learn more about them here! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-1ifvvo4x1X4.html
Hello po andto ako sa uae 🇦🇪 ngayun, my mga naiwan ako Cc sa pinas na dko na nabayaran before , may affects ba un sa airports kpag umuwi sa pinas??? Pls thanks sa sasagot…
Pa notice sir pls pano po ung matagal na akoa may credit card for 10years hindi kuna nabayaran and I'm planning to apply ang credit card pdi po ba ako mag apply ng cc at may chance ba ma approve pls reply po.. Thanks
Hello! Before applying, I recommend to get your credit report muna. I made a video on how to get one: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-fSfD2AeqgGY.html If okay yung credit report mo and you have a source of income (better if stable), then higher chance of getting approved. Baka kasi yung 10 years na hindi mo na nabayaran nasa credit report mo siya. pag nagreflect dun and then mababa din yung credit score mo, medyo alanganin. Hope this helps! :)
@@osheanlee pero possible po may chance pa na ma approve kasi 1st time ko po un na cc at maliit lang nmn ung limit so far as of now ma taas napo income ko at position I consider kaya nila un
@@phye888 hi! thank you for subscribing :D ah hindi. nabayaran ko na siya before ako nag-apply ulit. After 2 years po ako nag-apply. You can learn more about it on this video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-3gVOBEoNSw4.html thank you po for subscribing! :D
Hi po good pm. I hope makakarespond po kayo. My cc is delinquent for 3years now and the agency na niningil sa akin is harassing me pati sa mom ko nagtetext. Nag ask ako to lower the amnesty pero ayaw ngaun they will file a case against me daw and they texted nagpa as if na police. Can you enlightened me with this. Thank you
Nanghaharass napo yan.. yung akin nga isa nakikipag communicate ako msmo sa bank for restructure eh prang pinagloloko nla ako.. sinabihan ako na irestructure tapos bayad ng 10% so i did and nalamn laman ko nlng aftr ilang call sa kanila. Walang request for restructure..
sir pwede bang mag file ng bankruptcy sa credit card pag di na makabayad? nakarating na daw sa atty. ung case namin. 62k total bdo. please give us an advice. how can we also pay when i have been off from work from 1 year and 4 months now??????
Filing for bankruptcy in the Philippines is only available for principal debts of P500k and above under Chapter 6 Section 103 of Republic Act 10142. You can ask a free lawyer from the Public Attorney's Office to file it in your behalf. If your debt in one credit card is less than P500k, you can combine all your other debts together and see if the grand total is more than P500k and you will be qualified.
Hello po Sir, good pm po. Ask ko lang po meron po ksi akong loan na 15k po sa BPI pero nkkbayad naman po ako hanggat sa 5500 nlng po kulang e. Nagkapandemic po.. at nwalan ng work kaya hnd na po ako nakapaghulog. Nagulat ako nagpadala ng sulat from SP Madrid. Naging 10k na po siya. Ask ko lang po, ano po ba mangyayari kung di ko na po bbyaran ung kulang ko na nilalakihan nla ng sobra sobra?
Hi Kaye! Lalong lalaki yung interest nun unfortunately. Can you negotiate with SP Madrid your case? tell them na wala kang source of income right now. Unfortunately that will stay in your credit records and it will be hard for you to get other credit bank products when you still have those in your records. Hope this helps!
Hi sir, new subs here. Ask Lang Po ano Po b diff, Ng credit card sa debit card? Pareho lang Po ba sila pwede gamitin Kung mag loloan ka Ng something else?
Hi! Thank you for subscribing. Ang debit card is parang prepaid card din pero connected yun sa bank account mo. Yun yung mga ATM cards na binibigay ng banks kapag nagbubukas ka ng savings account sa kanila. on the other hand, ang credit card naman is binibigyan ka ng credit line ng banko, meaning, pinapautang ka ng bank using that card.
I just watched this video and so.informative, ask ko lang po, If I changed all my info from them ,like the address, phonw number and email. Will still can trace me? na badtrip lang kaso ako sa knila kasi instead esettle ko for best possible option, is gusto nila may charges pa din ako... I still have other cards from other bank na pwede ko eretain. Please answer po
Hi Jay-ar! It is required by law that when you change numbers, you are required to inform banks of your new contact details. Failure to do so will have legal implications. It is best to consult a lawyer on this. Hope this helps!
Thanks po but question lamg nman po, technically they cant trace me anymore right? however it will give negative impact to my credit score on the future.. One thing also, Can they close on other banks credit card? if there is unpaid credit card balance from other bank?,
You can refer to your terms and conditions when you received your card, but technically banks reserve the right to cancel your cards if they notice na it’s being used for fraudulent use. And not disclosing your new contact details is a sign of possible fraud. So please avoid it as much as possible. Best of luck!
@@osheanlee Thanks for the info kuya, The best ka talaga..Last question po, incase that I fail to pay the billing cycle, will they exhaust the credit limit just to charge the interests, and other charges or will they cut the service para hindi magamit, and mangungulit na sila from there?..if they noticed that I am not paying anymore na?
sir my narereceived aq n email galing s collection agency about my CC, ung CC ko eh since 2016 p, at nanakaw ang wallet ko kasama CC ko, n my utang ako n below 10k lng nung time n un, and since nag abroad n ko nd ko n naasikaso nun, tpos ngayon my narerecived aq email about my CC, nklagay ung utang ko na lumubo n ng husto, totoo ba ung email nila n byran mn lng ng ganitong amount pr masettle n ung utang s CC, nkkpagtaka lng kc prang scam, ang lake ng utang n nklgaybsken dhl s interest cguro, pero ung amount n need byaran eh sobrang liit, pero ang utang ko lng tlg is below 10k lng tlg, lumobo lng ng lumubo gawa s interest gusto ko sn byaran, pr masettle n, kaso duda lng aq bk scam lng!
Hi, I have 25k loan for 3 months 0 interest, my credit limit is 35k. 10k nalang yung remaining balance. Now I need to purchase wort $600 sa online needid sa work ko. what should I need to do? bayaran ko muna yung 25k loan ko, may penalty ba mangyayari? de ba masisira yung score ko?
@@zekkicollectibles5435 Ah kung makakapag-advance payment ka and it's installment kasi, kelangan mo tawagan yung bank na you want to pay it in full para mareplenish yung credit limit mo. once na replenished na, pwede mo na gamitin ulit
@@osheanlee yes po tama gamitin ko kasi ulit. may fees ba yun or charge kasi 3 days palang yung installment ko. salamat talaga po sa relply nyo very helpfull
