Car loan from bank repossess cars

[Mentos]

Mga sir, ok lng po ba ang mag abang ng mga car reposses ng bank....ano ang masasabi nyu kung itong mga ito ang iapply ko sa bank for car loan....ano po ba ang pros & cons.....any input regarding the topic is highly appreciated. TIA

[zombiebride]

Hi, my car just got repossessed and i want to get it back. Tips on how po sana. Already spoke with the bank and was advised to send a request letter for redemption anyone who has previous experience and actually got their car back?

[rey752]

A friend of mine na repo ung car nila,pina bayaran ng whole ung mga lapse payment with penalty tapos na balik na ung auto.

[zombiebride]

would you know po if mga ilang percent usually yun penalty? may storage fees po kaya? And how long did it take for them to get it back. Sobrang nagpapanic na po kasi ako. Kasi the bank told me na subject for approval pa daw after sending the request letter.

[Sebastian Bach]

^ Read your contract. Penalty fees are there. Instead of flooding the threads try reading again the contract as most of your questions are there. You may ask your bank officer for the detailed fees you need to pay to get the car back. AFAIK that's usually lapsed months + monthly interest fee + penalty fees.

[Gecko Guy]

*Zombie: Tama si Sebastian....nasa contract mo lahat ng tinatanong mo...lahat computations nandoon, basahin mo na lang and share mo sa thread if you want.

[EQAddict]

Goodluck. Hope you get it back. What kind of car is it?

[kapitan88]

Mga sir, ok lng po ba ang mag abang ng mga car reposses ng bank....ano ang masasabi nyu kung itong mga ito ang iapply ko sa bank for car loan....ano po ba ang pros & cons.....any input regarding the topic is highly appreciated. TIA

My experience with PSBank is ok naman, I got a very good price for my unit, though, sobrang taas as in ridiculously high ng interest rate nila, plus yung mga incidental fees, like compre insurance, cancel/transfer ng mortgage and registration, yung mortgage fee inabot ako ng extra 50K(+/-) para sa mga incidentals, pero, since mura yung acquisition cost ko, pag dating sa dulo, fair deal pa din para sa akin. Dapat lang alam mo lahat ng dapat mong bayaran para di ka mabigla/magulat sa transaction.

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Mga sir, ok lng po ba ang mag abang ng mga car reposses ng bank....ano ang masasabi nyu kung itong mga ito ang iapply ko sa bank for car loan....ano po ba ang pros & cons.....any input regarding the topic is highly appreciated. TIA

My experience with PSBank is ok naman, I got a very good price for my unit, though, sobrang taas as in ridiculously high ng interest rate nila, plus yung mga incidental fees, like compre insurance, cancel/transfer ng mortgage and registration, yung mortgage fee inabot ako ng extra 50K(+/-) para sa mga incidentals, pero, since mura yung acquisition cost ko, pag dating sa dulo, fair deal pa din para sa akin. Dapat lang alam mo lahat ng dapat mong bayaran para di ka mabigla/magulat sa transaction.

[Sebastian Bach]

would you know po if mga ilang percent usually yun penalty? may storage fees po kaya? And how long did it take for them to get it back. Sobrang nagpapanic na po kasi ako. Kasi the bank told me na subject for approval pa daw after sending the request letter.

I think the bank should give you weeks/few days to redeem your car and settle your issues with the payments. Mukang tinatakot ka nung officer or trip niya kunin yung na repo sayo. Try talking to someone higher. Fees differ on which bank and contract. Goodluck bro, hope you get it back.

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would you know po if mga ilang percent usually yun penalty? may storage fees po kaya? And how long did it take for them to get it back. Sobrang nagpapanic na po kasi ako. Kasi the bank told me na subject for approval pa daw after sending the request letter.

I think the bank should give you weeks/few days to redeem your car and settle your issues with the payments. Mukang tinatakot ka nung officer or trip niya kunin yung na repo sayo. Try talking to someone higher. Fees differ on which bank and contract. Goodluck bro, hope you get it back.

[zombiebride]

I think the bank should give you weeks/few days to redeem your car and settle your issues with the payments. Mukang tinatakot ka nung officer or trip niya kunin yung na repo sayo. Try talking to someone higher. Fees differ on which bank and contract. Goodluck bro, hope you get it back.

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I think the bank should give you weeks/few days to redeem your car and settle your issues with the payments. Mukang tinatakot ka nung officer or trip niya kunin yung na repo sayo. Try talking to someone higher. Fees differ on which bank and contract. Goodluck bro, hope you get it back.

I understand. Pero would there be a chance na hindi ko na sya makuha or denied of my request? Im willing to pay naman all the charges and stuff.