Bad Credit status...pano maaalis?

**chrismarte** · October 22nd, 2012 10:30 PM

I applied for a loan sa BDO, kaso na decline and reason "delinquent credit/loan pending". Nakausap ko yung bank manager tinanong ko kung pede malaman yung pending na loan baka kako yung sa Credit Card ko lang. After 1 day sabi sa akin nang BM yung loan pending ko eh yung pinag co-maker ko na isang kamaganak.

Pinuntahan ko yung kamag anak ko para maliwanagan at magtanong kung anong nangyari dahil wala naman silang nabanggit. Nagkaproblema daw sila nang pagbabayad at muntik na ma hatak yung bahay. Nakipag areglo lang sila at pinagbigyan naman sila nang bangko thru re-structure program ata tawag dun at ngayon matatapos na hulugan.

Ang sabi sa akin ni BM, ten years after ma settle yung delinquent loan bago ako matanggal sa list as delinquent? Wala na bang way para mapa iksi or totally matanggal agad ako sa list? Ganun ba talaga yun? kahit co-maker ka lang same magiging bad creditor din ang status mo?

Sa banko lang ba ako banned or pati sa mga auto loan real estate etc. banned din ako? :arghhh:

**albert_b** · October 22nd, 2012 10:45 PM

As far as I know banks lang. Maybe you can inquire din sa mga in-house financing like Toyota.

Parang medyo unfair yung pagcategorize sa yo. First, di ka naman nainform din ng bank regarding the delinquent account. Secondly, binabayaran naman na so dapat atleast yung co-maker man lang marelease na. I don't know much about stuff like those pero I just find it unfair.

**ab_initio** · October 23rd, 2012 02:49 AM

Originally Posted by chrismarte

I applied for a loan sa BDO, kaso na decline and reason "delinquent credit/loan pending". Nakausap ko yung bank manager tinanong ko kung pede malaman yung pending na loan baka kako yung sa Credit Card ko lang. After 1 day sabi sa akin nang BM yung loan pending ko eh yung pinag co-maker ko na isang kamaganak.

Pinuntahan ko yung kamag anak ko para maliwanagan at magtanong kung anong nangyari dahil wala naman silang nabanggit. Nagkaproblema daw sila nang pagbabayad at muntik na ma hatak yung bahay. Nakipag areglo lang sila at pinagbigyan naman sila nang bangko thru re-structure program ata tawag dun at ngayon matatapos na hulugan.

Ang sabi sa akin ni BM, ten years after ma settle yung delinquent loan bago ako matanggal sa list as delinquent? Wala na bang way para mapa iksi or totally matanggal agad ako sa list? Ganun ba talaga yun? kahit co-maker ka lang same magiging bad creditor din ang status mo?

Sa banko lang ba ako banned or pati sa mga auto loan real estate etc. banned din ako? :arghhh:

The responsibility of a co-maker is the same as that of the principal. You do not act as a guarantor here but as co-principal debtor. Had BDO been astute, they could have proceeded against you right away as you have the better capacity to pay. That is why, do not ever sign as a co-maker especially among relatives. Money strains the relationship. As to the bank's blacklisting, depende sa policy nila yun. But most likely, yes. Transfer your account to BPI or citibank. These days, Citibank is so persistent in offering its client a loan.

**yebo** · October 23rd, 2012 06:59 AM

never sign up as co-maker, yan ang number 1 cause ng pagkasira ng credit history. the only persons you should consider to be co-borrowers for are your parents, siblings (kung single pa, pag married hindi na), and children. yung mga pinsan, tito, tita, kaibigan, naku kahit close kayo don't do it.

**jodski** · October 23rd, 2012 09:17 AM

Sorry to hear that but that is an existing guideline na pinirmahan mo sa fine print and as far as I can recall rule din ito ng BSP to control non performing loans.

**chrismarte** · October 23rd, 2012 02:10 PM

haiiist! lesson learned....that time kasi ok sila sa income and tiwala ako that time na kaya nilang bayaran....nagkaproblema sa pera coz head of the family nawalan ng work ng ilang months.

Salamat sa inputs. iniisip ko na lang na di para sa akin yung property na dapat kung kunin.

**crazy_boy** · October 23rd, 2012 02:54 PM

based sa friend ko na nagwork sa PSBank auto loan before, 10 years nga daw yung record. tapos if i remember correctly, centralized yung database para sa mga na-blacklist. so kahit anong bank, lalabas yung record mo.

**CVT** · October 23rd, 2012 03:03 PM

Originally Posted by crazy_boy

based sa friend ko na nagwork sa PSBank auto loan before, 10 years nga daw yung record. tapos if i remember correctly, centralized yung database para sa mga na-blacklist. so kahit anong bank, lalabas yung record mo.

Yup, agree here. Banks are now moving towards increased networking/cross-referencing.... Trend and technology... So, you better watch out for your credit standing....

17.2K:type:

**boybi** · October 23rd, 2012 03:34 PM

They also check your criminal records, if you have pending cases with other banks or estafa, etc.

**chrismarte** · October 23rd, 2012 03:42 PM

sir boybi sure naman ako na walang criminal records hehehe

yun nga sabi nung BM after 10 years after mabayaran nang buo yung "delinquent credit" bago maclear.