car loan

[Syuryuken]

Hi! Tanong lang po. Required po ba talaga ang checking account sa pagkuha ng sasakyan? Approved na ang car loan application ko sa bank kaso isa sa hinihingi ng dealer ko as a requirement ay PDCs. I've been reading some threads in here and some were given the option to pay the monthly amortization through auto-debit. Though she mentioned that I could 'borrow' a couple of checks just for the sake of 'having' them.

auto debit na lang. PDC's? malabo kung hindi sayo nakapangalan.

[ray_noel]

Hi! Tanong lang po. Required po ba talaga ang checking account sa pagkuha ng sasakyan? Approved na ang car loan application ko sa bank kaso isa sa hinihingi ng dealer ko as a requirement ay PDCs. I've been reading some threads in here and some were given the option to pay the monthly amortization through auto-debit. Though she mentioned that I could 'borrow' a couple of checks just for the sake of 'having' them.

No, bank is the one who will pay the car in cash... why the dealer need pdc?


Sent from my iPhone XS Max using Tapatalk

[tommyvercetti]

i don't see how you can issue postdated cheques, if you do not have a checking account.
of course, you can ask your debtee for an alternative.
not all debtees are equal, kasi. what one debtee may allow, might not sit well with another debtee.
good luck.

The dealer told me that I could borrow the two checks from someone I know so there'd be no need to open a checking account. I know of a debt collector who could issue those checks. Naturally, there would be interest when those checks get encashed so that's a bad idea in itself.

[dr. d]

The dealer told me that I could borrow the two checks from someone I know so there'd be no need to open a checking account. I know of a debt collector who could issue those checks. Naturally, there would be interest when those checks get encashed so that's a bad idea in itself.

don't you agree, that it sounds fishy?
and don't you agree, that if and when the deal falls thru, you-the-buyer is usually the one left holding the bag?

let us put ourselves in the shoes of the creditor, how is his investment going to be protected in this deal?

[tommyvercetti]

auto debit na lang. PDC's? malabo kung hindi sayo nakapangalan.

Right? Sabi nya nung una, "for show" lang yung PDC's. Tapos biglang sinabi na gagamitin pala talaga yung mga checks.

Sent from my ASUS_X00DDA using Tapatalk

[dr. d]

Right? Sabi nya nung una, "for show" lang yung PDC's. Tapos biglang sinabi na gagamitin pala talaga yung mga checks.

Sent from my ASUS_X00DDA using Tapatalk

"put it in writing".
then we'll see if what these dealers are saying is real or not.

[pLF_20]

Mga boss baka alam nyu banko
pinaka maganda ang promo sa Autoloan
ngayon coming December,.
sa interest di naman nagkakalayo
kaya bawi din sa promo kung minsan

[JoYz13]

Hi. Ask ko lang gano kalaki diff ng car loan from company car loan? I have a neighbor kase who just recently bought an Xpander and grab nila the opportunity to buy because hindi daw sila mamroblema for the 17k monthly payment dahil bibigyan daw sila ng company ng 30k monthly? [emoji44] And by the way, umabot daw ng 1.7M Xpander nila because of the interest. What confuses me, is instead na sila magbayad sila pa babayarin ng 30k monthly? Anyone pls enlighten me? Hehe. Thanks


Sent from my iPhone using Tapatalk

[dr. d]

Hi. Ask ko lang gano kalaki diff ng car loan from company car loan? I have a neighbor kase who just recently bought an Xpander and grab nila the opportunity to buy because hindi daw sila mamroblema for the 17k monthly payment dahil bibigyan daw sila ng company ng 30k monthly? [emoji44] And by the way, umabot daw ng 1.7M Xpander nila because of the interest. What confuses me, is instead na sila magbayad sila pa babayarin ng 30k monthly? Anyone pls enlighten me? Hehe. Thanks


Sent from my iPhone using Tapatalk

it's probably the company car plan, po. the employee is entitled to 30K monthly, from which they may get to pay for the monthly payments.
each company probably has its own program.
lucky employees.
heh heh.

[JoYz13]

it's probably the company car plan, po. the employee is entitled to 30K monthly, from which they may get to pay for the monthly payments.
each company probably has its own program.
lucky employees.
heh heh.

I see, Thanks!

Lucky employees indeed! Sana all hehe


Sent from my iPhone using Tapatalk

[Egan101]

If I have 30k monthly coverage for a car plan, I would look at better options rather than an Xpander. You can get a CUV or PPV for that amount of money.

By the way, some car plans have no cost whatsoever to the employee. The employee just gets to choose the color of their choice. Some even have free maintenance, free insurance, free registration, and free gas bundled into the plan.

[papots98]

Hello can someone help us what to do? Matagal na kasi kami nag apply for auto loan, syempre dahil farming business lamg kami, kapit nalang kami sa co maker, after a month pa nag respond yung bank na di daw nakapasa as co maker yung pinili namin, inspite of the vulgar CI na ginawa nila, pinuntahan properties namin lahat lahat pati employer ng co maker namin, personal pinuntahan ng bank but in the end, di daw sila fit as co maker kasi daw di gaano kalaki cash flow nila sa savings acct. nila, so ayun akala namin okay na yun, yun pala hinahanap nilang co maker is mayaman, YUNG MAY MALAKING CASH SAVINGS, so we changed the co-maker na with large amount of money, so ayun positive positive lang sinasabi ng s.a sa amin. Question is matagal po ba talaga aabutin pag mag change co maker ka? co maker namin na bago is dun na bank depositor kung saan na bank ang nag cater sa aming application. Hayssss mag dadalawang buwan na kaming waiting nakakawala ng excitement. Nung nag apply kami for auto loan kung saan kami depositor after a month approved na, wala masyadong bulgaran na CI. pero tong UCPB mabagal. (take note nag inhouse kami knowing mas mabilis kaysa direct sa ibamg bank)

Sent from my INE-LX2 using Tapatalk

[shadow]

Hello can someone help us what to do? Matagal na kasi kami nag apply for auto loan, syempre dahil farming business lamg kami, kapit nalang kami sa co maker, after a month pa nag respond yung bank na di daw nakapasa as co maker yung pinili namin, inspite of the vulgar CI na ginawa nila, pinuntahan properties namin lahat lahat pati employer ng co maker namin, personal pinuntahan ng bank but in the end, di daw sila fit as co maker kasi daw di gaano kalaki cash flow nila sa savings acct. nila, so ayun akala namin okay na yun, yun pala hinahanap nilang co maker is mayaman, YUNG MAY MALAKING CASH SAVINGS, so we changed the co-maker na with large amount of money, so ayun positive positive lang sinasabi ng s.a sa amin. Question is matagal po ba talaga aabutin pag mag change co maker ka? co maker namin na bago is dun na bank depositor kung saan na bank ang nag cater sa aming application. Hayssss mag dadalawang buwan na kaming waiting nakakawala ng excitement. Nung nag apply kami for auto loan kung saan kami depositor after a month approved na, wala masyadong bulgaran na CI. pero tong UCPB mabagal. (take note nag inhouse kami knowing mas mabilis kaysa direct sa ibamg bank)

Sent from my INE-LX2 using Tapatalk

Sino Co-maker ninyo diba dapat relatives? Dapat pareho yun last name?


Sent from my iPhone using Tapatalk

[papots98]

Sino Co-maker ninyo diba dapat relatives? Dapat pareho yun last name?


Sent from my iPhone using Tapatalk

yep, first co maker kapatid ng mama ko. both govt. employed still declined kasi konti lang cash flow nila sa kanilang savings acct. second co maker namin is kapatid ng papa ko. as per bank dapat daw relatives lang ang pwede i co maker. bank is still saying na for approval of policy exception. then nung friday lang na pirmahan DAW. i dont know baka ma decline or ma approved na ba. matagal tagal na kasi almost 2 months na.

Sent from my INE-LX2 using Tapatalk

[shadow]

yep, first co maker kapatid ng mama ko. both govt. employed still declined kasi konti lang cash flow nila sa kanilang savings acct. second co maker namin is kapatid ng papa ko. as per bank dapat daw relatives lang ang pwede i co maker. bank is still saying na for approval of policy exception. then nung friday lang na pirmahan DAW. i dont know baka ma decline or ma approved na ba. matagal tagal na kasi almost 2 months na.

Sent from my INE-LX2 using Tapatalk

Same bank ba pinagapplyang ninyo ng dalawang loan? Baka kaya natagalan dahil nagtaka lang sila bakit magkasunod after ng decline.

Bakit hinde na lang kayo mismo mag apply and wala ng Co-makef? Complete naman papers ninyo?


Sent from my iPhone using Tapatalk

[papots98]

via inhouse kasi kami, wala kasing ibang bank na nag cacater ng mga farmer or farming ang monthly income aside sa kanila. advise daw kasi yun ng bank sa S.A namin na palitan ang co maker kasi mababa yung cash flow nila sa kanilang bank acct.

Sent from my INE-LX2 using Tapatalk

[shadow]

via inhouse kasi kami, wala kasing ibang bank na nag cacater ng mga farmer or farming ang monthly income aside sa kanila. advise daw kasi yun ng bank sa S.A namin na palitan ang co maker kasi mababa yung cash flow nila sa kanilang bank acct.

Sent from my INE-LX2 using Tapatalk

What do you mean walang bank na nag cater pag farming ang business? Business is business. You have a legitimate source of income.

Nag try ba kayo mag apply directly sa bank?

Yun sabi ng SA dahil meron siyang cut sa inyo pag dumaan kayo ng in house kesa directly kayo sarili mag loan sa bank.

Senior na ba parents mo? Kaya kailangan ng Co-maker pag senior na sila.
Sent from my iPhone using Tapatalk

[aNthraxx]

Andaming mayaman na farmer. Do you file yearly income tax? Money in your bank and ITR lang absolute na documents needed. The more money you have sa bank the faster the approval, minsan yan same day antayin mo lang to follow na PO. Ako si Mrs. Lang co maker ko.

Sent from my INE-LX2 using Tapatalk

[ninjababez]

Same bank ba pinagapplyang ninyo ng dalawang loan? Baka kaya natagalan dahil nagtaka lang sila bakit magkasunod after ng decline.

Bakit hinde na lang kayo mismo mag apply and wala ng Co-makef? Complete naman papers ninyo?


Sent from my iPhone using Tapatalk

pa OT lang,
ako wala co-maker pero sabi ni mary and resty noon lagyan ko daw just incase. eh kung mag default ako nadamay pa yun co-maker LOL

[dr. d]

i do not guarantor nor co-make.
if and when i do, i already say to myself, "it's a lost cause. consider this as your donation to his/her cause."