Warning: Do not apply for a credit card at CITIBANK!

[nicolodeon]

Bah. May Citibank horror story thread na naman hehe. Let me share my horror story with Citibank. Happened about 15-16 years ago.

Namatay erpats ko and, it turned out, he had a Citibank credit card. Now, yung CC was a company-issued card i.e. his company pays for the stuff he purchases. Mostly representation expense. When my father died, I think he had about a 10K balance dun sa card.

To cut the story short, Citibank didn't go after the company where my (late) tatay used to work for. Instead, they went after my (late) nanay who was just a housewife. Now, I know yung mga nanghahabol sa mga ganito eh collecting agencies pero ang kinagalit ko sa Citibank eh they didn't do any action to put the collecting agency on a leash even after my family established the fact that it was a company card and yung company ang magbabayad, hindi kami. Kahit na tumawag na sa kanila yung legal nung company where my tatay worked, tuloy pa rin ang harassment. Their collecting agency went as far as sending a guy to my mother's house then accuse my mother of lying and threatened to sue her. This was a couple of days after yung legal nung company where my father worked called Citibank to inform them that they (the company) will pay the balance and not us. Citibank never acted on our complaint of harassment and maltreatment. What's worse, their marketing arm (whoever those were) even had the gall to call me a couple of weeks later to offer me a credit card.

Since then, every time a merchant approaches me and offers a Citicard, I more often than not tell them (politely) to shove it up their *$$.

[rattosecond]

its better to stay out of credit cards really. i have learned my lessons hard.

[Ry_Tower]

Bukod sa nakakatukso, iwas pa sa problema sakaling nagamit ng iba at least mababa lang limit.

Hehe, kaya yung BPI Gold ko ipapa-downgrade ko na.

[shadow]

Curious lang ako sa nga na default Sa mga CCs, habang buhay na sira ang credit standing nila? Eh paano kung na default sila when they were still young I mean bago pa Lang Sa work which often than not ganun naman nangayayari eh what if after a couple of years na promote na sila naging VP etc wala na pagasa ma build up credit nila? Kawawa naman.... Can't they petition the court na alisin yun name sila sa blacklist?

Kaya itong mga banks laging offer Sa mga bata eh yun bago pa lang nag work at malaki chance na puro minimum lang babayaran dahil hind pa establish.

Dati muntikan na rin ako magiging victim diyan eh right after mag graduate ako Sa college I work for a year in a bank, Ang daming CC na dumating Sa akin ako naman feeling liberated feeling adult na isipin mo kahit walang cash mabibili mo gusto mo hanggang hinde ko na mabayaran, buti na lang binayaran ng nanay ko... Hehehe

Loko Kasi yun mga kasamahan kong matatanda na sa banko, nag fake sila ng mga COE tapos pag mag CI Sa HR sila rin Ang sasagot, kaya sumama na rin ako 7k lang sweldo ko before pero Sa COE eh 20k nakasulat. Isa Lang akong hamak na Management trainee Sa bank na yun.

[desert fox]

never akong kukuha ng CC jan....

[Ry_Tower]

Curious lang ako sa nga na default Sa mga CCs, habang buhay na sira ang credit standing nila? Eh paano kung na default sila when they were still young I mean bago pa Lang Sa work which often than not ganun naman nangayayari eh what if after a couple of years na promote na sila naging VP etc wala na pagasa ma build up credit nila? Kawawa naman.... Can't they petition the court na alisin yun name sila sa blacklist?

Kaya itong mga banks laging offer Sa mga bata eh yun bago pa lang nag work at malaki chance na puro minimum lang babayaran dahil hind pa establish.

Dati muntikan na rin ako magiging victim diyan eh right after mag graduate ako Sa college I work for a year in a bank, Ang daming CC na dumating Sa akin ako naman feeling liberated feeling adult na isipin mo kahit walang cash mabibili mo gusto mo hanggang hinde ko na mabayaran, buti na lang binayaran ng nanay ko... Hehehe

Loko Kasi yun mga kasamahan kong matatanda na sa banko, nag fake sila ng mga COE tapos pag mag CI Sa HR sila rin Ang sasagot, kaya sumama na rin ako 7k lang sweldo ko before pero Sa COE eh 20k nakasulat. Isa Lang akong hamak na Management trainee Sa bank na yun.

Alam ko talagang may internal at shared database ng mga bad accounts payors ang mga baks. So talagang mahirap na uli makakuha ng CC ung yung una ay nag-default at talagang hindi nakabayad.

[Ginnova]

take note na hindi lang sa credit card ka black listed. sa lahat ng loans especially car at housing loans.

[Ry_Tower]

take note na hindi lang sa credit card ka black listed. sa lahat ng loans especially car at housing loans.

yep, basta blacklisted yung name so lahat ng form ng panghihiram, yari ka. Kelangan na collateral if ever para lang ma-approve.

[afrasay]

Bakit ako nagpapa-increase ng credit limit sa citibank CC, ayaw nila? Although 2-3x nang nag automatic increase yung limit before, but this time kasi, temporary increase lang for our trip abroad, ayaw ba naman.

So far, wala pa naman naging problem sa mga CC namin: Citi, HSBC, BDO. Lahat waived ang annual fee. Pati late charges waived din. Kasalanan naman nila late dumating ang bill.

Pareho tayo ng experience Boybi. Auto increase yun limit nila pero pag nag request ako kung anu anung hinihingi na last 3 months na payslip chuva. Eh tapos one week pa mag effect eh next day na alis namin.

[vinj]

Curious lang ako sa nga na default Sa mga CCs, habang buhay na sira ang credit standing nila? Eh paano kung na default sila when they were still young I mean bago pa Lang Sa work which often than not ganun naman nangayayari eh what if after a couple of years na promote na sila naging VP etc wala na pagasa ma build up credit nila? Kawawa naman.... Can't they petition the court na alisin yun name sila sa blacklist?

If you have bad credit card dealings and you clear it up and prove that you have a substantial earnings increase then you should be able to get a new CC. Sometimes there's an ascription period (i.e. 5 years) from the time you had a bad debt.

Same thing with bank loans. If you have a court case, past due loan, etc. it will come out on the BAP list and Court Case checkings but it should not deny you any accommodation outright as this can be still mitigated depending on your relationship with the Bank, if you can explain the circumstances behind the findings, your current financial capacity, etc.

I've always avoided Credit Cards and loan but heck, i still had to get a credit card for practicality sake. Just make it a point to pay it all off at the end of the billing period.