HELP: Ilang months before mahatak ang loaned car?

**carwhacko** · February 26th, 2019 12:43 PM

Originally Posted by acermon

Hi po mga sir,

Ask lang po ako, may ford fiesta po akong niloan 4 years and ilang months ago and ung contract po namin is for 5 years. ngayon po sobrang nag karoon lang ng financial difficulty ung family namen (medical bills, retirement of parents / lesser income) and i was thinking of voluntarily surrendering my car.

ask ko lang po if sinurrender ko na po sya and 9 months nlng po ung natitirang bayarin + late charges, mag babayad pa po ba ako ng deficiency? sabi po kasi ng officer na kausap ko may ppirmahan lang na papers para ma default daw ung amount owed. also, since mejo matanda na ung car may mga minor issues narin sya pero in running condition naman. ung cost para i pa repair ung mga minor issues ay willing akong bayaran.

bottom line, mag babayad ba ako ng "car loan deficiency" and if so ung deficiency po ba is based on the sale amount or the amount + late charges + interest.

NOTE: Tinry ko na pong iresell yung car, pasalo and everything. last resort na po tlga to.

Thanks sa advice mga idol

Kung voluntary surrender mo kotse hindi naman masisira credit standing mo niyan. Kasi yung hahatak naman niyan eh irate ka pa nga kung pano mo siya binigay etc. Yung iba kasi kapal pa mukha na ayaw pa ibigay unit eh hindi na nagbabayad ng monthly amortization o di kaya naman tinatakas kotse. Pero if hindi na nga talaga kaya bayaran even with loan reconstruction, benta mo na siya then pay off the loan kung may matira man sa pinagbentahan ay mas maganda.

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**_Qwerty_** · February 26th, 2019 01:26 PM

pag sinurrender ang kotse hindi maapektuhan ang credit standing?? can anyone confirm this?

diba same lang din yun. hindi mo din natapos yung car loan..

**cast_no_shadow** · February 26th, 2019 01:39 PM

Originally Posted by _Qwerty_

pag sinurrender ang kotse hindi maapektuhan ang credit standing?? can anyone confirm this?

diba same lang din yun. hindi mo din natapos yung car loan..

Yup same lang yun. Kita yan sa CMAP NFIS pag nag check sila sa next loan application mo.

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**carwhacko** · February 26th, 2019 05:45 PM

Well I know someone na sinoli agad sasakyan wala pa 3 months i mean voluntarily na nakapag loan naman after rin ng kotse and personal loan and had no problems with the loan application.

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**cast_no_shadow** · February 26th, 2019 05:51 PM

Originally Posted by carwhacko

Well I know someone na sinoli agad sasakyan wala pa 3 months i mean voluntarily na nakapag loan naman after rin ng kotse and personal loan and had no problems with the loan application.

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Call pa rin naman nung magpapaloan if i-approve or not yung application. Risk na nila yun.

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**shadow** · February 26th, 2019 05:57 PM

Originally Posted by carwhacko

Well I know someone na sinoli agad sasakyan wala pa 3 months i mean voluntarily na nakapag loan naman after rin ng kotse and personal loan and had no problems with the loan application.

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Anong complete cirsumctances? Maybe hinde mo alam or sinabi saiyo yun buong picture.

Imposible yan. If that's the case eh di wala na dapat na bad credit sa mga nag car loan. Kung hinde na kaya ibalik na lang. Or kung gusto mag upgrade ibalik existing loan then kuha na lang ng bagong kotse.

Doesn't make sense.

A loan is a loan, if you can't complete the term then that's a bad credit kahit isoli mo pa yun kotse, voluntary or not.

Ito na lang wacko if you're so sure doon sa kwento sayo, try mo sa sarili mo ibalik sa existing car loan mo tapos kuha ka ulit ng bago. [emoji39]

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**cast_no_shadow** · February 26th, 2019 05:58 PM

Originally Posted by shadow

Anong circumstances? Imposible yan. If that's the case eh di wala na dapat na bad credit sa mga nag car loan. Kung hinde na kaya ibalik na lang. Or kung gusto mag upgrade ibalik existing loan then kuha na lang ng bagong kotse.

Doesn't make sense.

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Yep logically speaking.

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**shadow** · February 26th, 2019 06:03 PM

Originally Posted by cast_no_shadow

Yep logically speaking.

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Incentivized ng banks yun hinde maka bayad?

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**cast_no_shadow** · February 26th, 2019 06:32 PM

^

Hehe agree ako dun sa sinabi mo sa itaas.

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**carwhacko** · February 27th, 2019 11:36 AM

Originally Posted by shadow

Anong complete cirsumctances? Maybe hinde mo alam or sinabi saiyo yun buong picture.

Imposible yan. If that's the case eh di wala na dapat na bad credit sa mga nag car loan. Kung hinde na kaya ibalik na lang. Or kung gusto mag upgrade ibalik existing loan then kuha na lang ng bagong kotse.

Doesn't make sense.

A loan is a loan, if you can't complete the term then that's a bad credit kahit isoli mo pa yun kotse, voluntary or not.

Ito na lang wacko if you're so sure doon sa kwento sayo, try mo sa sarili mo ibalik sa existing car loan mo tapos kuha ka ulit ng bago. [emoji39]

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I’m pretty sure since it is my mom that I’m talking about [emoji12]

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