Ever received a "friendly" call from Credit Card C

[RafRaf]

You have more control of your finances with a debit card.

[mantoy]

the famous american lawyer gerry spence wrote in one of his books that he hates bankers and golfers. bankers because they legally rob the people of their hard-earned money. golfers because for every group of golfers, there is at least one banker.

kaya ako i stopped using my credit cards. target ko is to pay them off at the end of this year.

[ssaloon]

never experienced that yet. i pay my bills on time, all the time. kaya tama na ang 2 credit cards sakin.

[pajerokid]

here's the scoop though. Sabi ng tropa ko who used to work for an international bank which offers cc services, pag hindi mo na binayaran utang mo, they'll just write it off. And according to him, hindi daw totooo yung 'blacklist' na yan. Again this is all according to him.

Pay your bills, dont use your card... dont get a card hehehe. avoid the hassle.

[Galactus]

here's the scoop though. Sabi ng tropa ko who used to work for an international bank which offers cc services, pag hindi mo na binayaran utang mo, they'll just write it off. And according to him, hindi daw totooo yung 'blacklist' na yan. Again this is all according to him.

Pay your bills, dont use your card... dont get a card hehehe. avoid the hassle.

Not true. In the banking & financing industry, write-off is merely an accounting practice, that is, placing an allowance as provision for bad debts. But it still has to be collected, and the borrower still has to pay. But since the debt has been written off, the receivable will be classified as miscellaneous income.

When you look at a bank's financial statements kasi, it not good for any investor (por publicly-listed banks) to see that a bank has a high rate of non-performing loans, which is why they have to write it off.

And the blacklist is real. I work for an ISO-certified financing company and we have a savings bank as a subsidiary. I also used to work for a credit bureau, so we have a database of delinquent debtors. Sa Bankers Association of the Philippines Credit Bureau, its NFIS (Negative File Information System), and CIBI has its own Infonet. Generally, if your name is on the list, you will be denied access to credit (credit cards or loans), but it depends on the discretion of the bank.

And although its true that here in RP, nobody can be imprisoned due to indebtedness, it's not worth the hassle of being sued civilly for replevin and sum of money. And if there are bouncing checks involved, then you can be criminally charged, and you will be imprisoned.

[skipper]

Ang style pa ng mga credit card company ngayon, bigay ng bigay ng malalaking credit limit. Yung sister ko na 1 yr pa lang nagwowork inofferan ng 100k na limit. Buti na lang di kinuha.

Ginagamit ko lang ang credit card ko for convenience. I always make it a point to pay the whole balance come monthend. Daig pa nila bumbay sa taas ng interest.

[ssaloon]

pareho kaming reason ni skipper... for convenience. primary use ko for credit card is to pay for my gasoline expenses as well as my membership fee sa gym. basically yun lang.

[karlbo]

i agree with ssaloon... parehas lang tayo!.... gas, minsan grocery tsaka bill sa telepono... pero minsan lang.. if needed lang talagang bayaran na and i dont have a cash on hand...

disiplina lang naman sa paggamit ng credit card di ba?... you dont use para magmayabang sa ka date mo... heheheh :D

[RedHorse]

Originally posted by skipper
Daig pa nila bumbay sa taas ng interest.

No Sir...

Going rates sa province these days is 10%/month, sa mga loan sharks..

At ang mga indians, naka kotse sa probinsya kasi alang traffic... he he he

[the_wildthing]

Dati, I maxed out my credit cards and pay just a bit above the minimum, and I had three cards then.

Di naman ako nade-default kaya hindi ako tinatawagan.

Pero nagbago na ako. Sayang ang interest payments. I was paying up to 2,000 pesos monthly in interest alone, and I had a meager salary.

Now I pay off the whole outstanding balance immediately. Kaya hindi ko na masyadong nilalakihan ang purchases. Hehehe.

Pero nakatanggap na rin ako ng ganyang tawag dahil hinahanap ang kapatid ko. At minsan yung mga kasama namin sa bahay na matatanda na sila pa yung tinatakot e wala naman silang paki-alam dun.

[skipper]

Originally posted by RedHorse
No Sir...

Going rates sa province these days is 10%/month, sa mga loan sharks..

At ang mga indians, naka kotse sa probinsya kasi alang traffic... he he he

sorry hehe medyo exaggerated nga yung hirit ko.

10% per month! di ba yan covered ng usury law? siguro maliliit lang amounts involved.

[gretzy]

pwede ba na ang payment mo ay idededuct na lang nilasa another bank account mo?

maganda talaga pag extension ka lang ng parents mo, walang problema sa payment! :D

[ssaloon]

debit card na yun, di na credit card. ganon yung sa bpi express cash. you can have it wired to your bank account para auto deduct nalang sa account mo yung payments made with the card.

[CLAVEL3699]

Buhayin ko lang ito...

Bad Trip kasi eh... I have aloan sa Citibank Installment Loan payable in 30 months kasi kinapos kami noon kailangan nang pera.

To make it short every month bayad ako for 29 months na hindi man lang sumasablay nung ika 30th month na wala akong billing na natanggap kaya tawag ako sa customer service for the billing nagulat ako na 4.3k daw ang babayaran ko eh dapat lang 1.8k trace daw nya kung bakit then she will give me a call and padala nya billing basta daw nareport ko na.

Weeks flies may tumawag sa akin hindi ko daw binabayaran yung utang ko sabi ko babayaran ko naman at tumawag ako for the billing kasi wala nga ako natanggap then inform nya ako 3.8k daw babayaran ko then contest ulit ako kasi 1.8k lang naman talaga monthly ko sabi nya trace daw nya then he will call me back.

After a week mayroon na naman tumawag high tone na bakit hindi daw ako nagbabayad sinabi ko yung rason ko kesyo daw gawa ako kwento kasi may record sila na pinadala nila sabi ko bigay nila sa akin ang record kung pinadala nga nila at babayaran ko kung talagang pinadala nila pero bakit 3.8k yung utang ko basta bayaran ko daw kung hindi dedemanda ako

every week may tumatawag sa akin bayaran ko daw pero binyaran ko yung dapat ko lang bayaran na 1.8k buti nga binayad ko pa 2k.

Hanggang ngayon may nagmumura pa din sa akin sa halagang 800 dahil daw sa late and finance charges.

Hay naku diko gets kaw na nagreport kaw pa may late/finance charges may libre pa mura at sigaw sa mga collection staff nila.

Sabi ko babayaran ko yung 800 kung bibigay nila yung mga names na tumawag sa akin.

May letter na ako nang complaint pero walang reply sa email.

Hay buhay gusto ko na nga isumbong kay tulfo eh.

[sirkosero]

buhayin ko lang. bastos talaga mga galing sa collections. intimidating sila sa phone. when i was with a big credit card company, yung mga collection agents namin lagi may hinaharass. kaya yung client tatawag sa customer service. eh kami naman sa customer service, kami lagi hinaharass ng mga hinarass ng collections. kaya ayun. bwiset talaga. nung ako customer care pa, masaya ang mga tumatawag sa akin kasi madali ako kausap. :D

[empy]

buhayin ko lang. bastos talaga mga galing sa collections. intimidating sila sa phone. when i was with a big credit card company, yung mga collection agents namin lagi may hinaharass. kaya yung client tatawag sa customer service. eh kami naman sa customer service, kami lagi hinaharass ng mga hinarass ng collections. kaya ayun. bwiset talaga. nung ako customer care pa, masaya ang mga tumatawag sa akin kasi madali ako kausap. :D

ahehe....buti na lang hindi pa na-implement diyan ang operating procedure dito sa US for collections. dito kung may open collections case ka, basta tumawag ka automatic kang i-transfer sa collections department.

kahit anong number tawagan mo wala kang lusot :D

[Isuzoom]

nangyari yan dati sa akin taga citibank they are trained to intimidate clients...one time tinawagan ako re my past due sinabi settle ko coz out of town ako sinagot ako dapat today mo yan ma settle kasi overdue na blah blah...sinagot ko sya miss abogado ako alam ko ang law ng utang at baka ikaw ang ipakulong ko kasama ng boss mo diyan sa citibank ang bastos nyo!...ano ID no. mo at susunduin kita diyan sa Libis maldita ka! ....line busy....never na ako tinawagan at increase pa nila credit limit ko (classic 200,000).

[Flagg]

nangyari yan dati sa akin taga citibank they are trained to intimidate clients...one time tinawagan ako re my past due sinabi settle ko coz out of town ako sinagot ako dapat today mo yan ma settle kasi overdue na blah blah...sinagot ko sya miss abogado ako alam ko ang law ng utang at baka ikaw ang ipakulong ko kasama ng boss mo diyan sa citibank ang bastos nyo!...ano ID no. mo at susunduin kita diyan sa Libis maldita ka! ....line busy....never na ako tinawagan at increase pa nila credit limit ko (classic 200,000).

Haha! Alam nila lahat ng details ng life mo except yung... abogado ka! :bwahaha: :charing:

[Isuzoom]

Operators are like trained doberman they knew when to attack...hello pa lang blah blah na agad..tayo kasi mga pinoy sobrang bait kamot lang sa ulo.

[artpogi]

Operators are like trained doberman they knew when to attack...hello pa lang blah blah na agad..tayo kasi mga pinoy sobrang bait kamot lang sa ulo.

hindi umuubra sa akin ang mga yan, kapag makulit, I cuss them off the phone.