Car loan from bank repossess cars

**zombiebride** · September 29th, 2015 03:44 PM

Sorry to flood this thread. But i surrendered my car nun thurs and sent the letter yesterday and i havent heard from the bank people yet.

Would it be best kaya if i go to their office tom? i tried sending emails and calling them but they dont reply eh.

Thanks.

**KenGarcia** · September 29th, 2015 05:12 PM

Originally Posted by zombiebride

Sorry to flood this thread. But i surrendered my car nun thurs and sent the letter yesterday and i havent heard from the bank people yet.

Would it be best kaya if i go to their office tom? i tried sending emails and calling them but they dont reply eh.

Thanks.

Going to their office is the best option you have sir.

**Sebastian Bach** · September 29th, 2015 08:14 PM

Originally Posted by zombiebride

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.

Hindi ka nila binigyan ng timeframe para makuha pabalik yung car? They should have disclosed that to you from the time you surrendered your car. May pinirmahan kang voluntary surrender right? It should be there.. You can still get your car sir, basta pasok dun sa timeframe na mabayaran mo lahat. Its advantage for them (bank) to return the car and get ur payments rather than selling it again.

**zombiebride** · September 30th, 2015 01:22 AM

Update lang po.

They're asking me to pay off instead of just updating my account ;(

I have been paying naman monthly kaso im behind one month kaya di nazezero out yun balance nung account. Sobrang nakakasama ng loob

**dr. d** · September 30th, 2015 08:54 AM

from what i understand, repossessing is not very good business. just imagine how much they must be losing on their repossessed cars.. puro receivables na naka-tengga lang..
banks still make more money if clients pay in the agree-upon schedule.
talk to the bank, po.
tinatakot lang kayo, IMO.

but let me ask you... can you really afford that car? because if you can not, better you get rid of it, this early..

**dr. d** · September 30th, 2015 08:55 AM

Originally Posted by zombiebride

Sorry to flood this thread. But i surrendered my car nun thurs and sent the letter yesterday and i havent heard from the bank people yet.

Would it be best kaya if i go to their office tom? i tried sending emails and calling them but they dont reply eh.

Thanks.

go personally. i have yet to see bank who answers emails and/or phones, promptly.

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Originally Posted by zombiebride

Sorry to flood this thread. But i surrendered my car nun thurs and sent the letter yesterday and i havent heard from the bank people yet.

Would it be best kaya if i go to their office tom? i tried sending emails and calling them but they dont reply eh.

Thanks.

go personally. i have yet to see bank who answers emails and/or phones, promptly.

**Sebastian Bach** · September 30th, 2015 12:03 PM

Originally Posted by zombiebride

Update lang po.

They're asking me to pay off instead of just updating my account ;(

I have been paying naman monthly kaso im behind one month kaya di nazezero out yun balance nung account. Sobrang nakakasama ng loob

Dude you really have to set your payments in line to current billing. Same question as dr. d, can you really afford that car? Coz if ure still one month behind, that thinking alone, there will still be a big chance na mahila ulit yan in the future (wag naman sana). Set a fund cache for at least 3-6 mos worth of monthly amortization.

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Originally Posted by zombiebride

Update lang po.

They're asking me to pay off instead of just updating my account ;(

I have been paying naman monthly kaso im behind one month kaya di nazezero out yun balance nung account. Sobrang nakakasama ng loob

Dude you really have to set your payments in line to current billing. Same question as dr. d, can you really afford that car? Coz if ure still one month behind, that thinking alone, there will still be a big chance na mahila ulit yan in the future (wag naman sana). Set a fund cache for at least 3-6 mos worth of monthly amortization.

**rey752** · September 30th, 2015 12:05 PM

Anong bangko to sir zom bie bride?

**EQAddict** · September 30th, 2015 01:15 PM

Its hard to believe that a bank will demand full payment when you're only one month behind. Have you been constantly delinquent?

**lsalapare** · September 30th, 2015 01:29 PM

Aww! mabigat yun ah. Let's say wala pang 1 yr binabayaran yung car loan for 5 years. naging delinquent ka for 1 month then ang demand nila ay bayaran lahat agad in full? tsk