DISKARTE_Guidelines on Credit Paranoia

[mark_t]

Share ko lang po itong blog na ito

http://failuretopaycreditcard.blogspot.com/

By

http://www.blogger.com/profile/04873426347888445962

Maayos siya.

[tidus1203]

Bottomline wag ng umutang kung di naman kayang bayaran para iwas na din sa ganyang gulo... Live within your means people preferbbaly below your means if possible...

[mark_t]

this is the result

http://mylifewithoutcc.blogspot.com/

not everyone is as rational as you, there are people who need to be shown the way.

[empy]

that blogger is a dumbass. utang ng utang di naman pala kayang bayaran. and he (she?) has the gall to be offended that the debtors are actually trying to collect :screwloose:

ganyan na ba feeling ng entitlement dito? if he lent money to someone and that person never paid him back, di ba siya magagalit? wouldn't he try to get his money back.

"prayers work" pa daw. i guess he believes that God's commandment is to run away from your personal responsibilities and defraud your fellow man :rofl01:

[tidus1203]

Well said empy. Sige nga pautangin nya ako tapos di ko sya bayaran tignan natin kung di rin sya puputak na parang manok

[tidus1203]

this is the result

http://mylifewithoutcc.blogspot.com/

not everyone is as rational as you, there are people who need to be shown the way.

Dapat instead of teaching people how to avoid their responsibilities and obligations, dapat turuan nya yung tao how to be responsible with their financial life. Hindi yung tuturuan ka pano tumakas sa utang... It seems all wrong to me...

[Horsepower]

yeah, that blogger is freakin mental.

[s_quilicot]

delikado to for me.. very tempting ....

[mark_t]

At meron din forum

http://diskarteforum.niceboard.net/forum.htm

very educational.

[pup2]

Using credit you can't afford is one of the major reasons we're in this crisis. Tsk.

That's not to say financial institutions scrambling to lend only to those awash in cash is praiseworthy either.

[MAXBUWAYA]

am sure meron dito may utang, ayaw magbayad


nag babalukubak

[mark_t]

For me it is a good site.

[Horsepower]

Mark_t, no offense to you but do you realize that it's a site misusing the word "diskarte" to avoid people they owe money from? I've been reading that site and the blogs and I'm quite DISGUSTED.

I honestly don't know what good you can find from that.

When you refuse to pay money that you owe, what does that make you? a THIEF.

Do you also realize that these are the same type of people who triggered the Global Financial Crisis? The type of people who kept incurring debts with no intention or capacity to pay back money they borrowed that led banks to insolvency???

For me, I don't and will never buy things I can't pay for let alone, afford.

If, in an unforeseen event that I incur debt, I will sell some of my assets to pay it off but I will DEFINITELY not play tricks to avoid them. Even before borrowing, I'd consider how much my assets can be sold, to at least be sure i can pay them back on the agreed time.

My parents taught me well on how to handle money and that I should never even consider borrowing money whenever possible.

I do understand that sometimes, people have to borrow money but I definitely do not condone sly tricks to avoid creditors. That is just plain wrong. And using God's name???? LOL. Come on. If I were their God, I'd be mad because they obviously think it's fine to swindle your fellowmen.

on a sidenote, I noticed that the site owner (banker?) posted his smartmoney account. What is that, to collect money from the members?? sounds like....hmmm.

and yet, mga tsikoteers daw ang simplistic and mayayabang just because we dislike what they do. Talk about irony.

[moejun2]

tell us mark, why do you like that site?

[mark_t]

No offense taken, I like it because I am new to this internet thing and
I could have ended on another one of those **** sites.

I have not read thru all the threads as I have just found it 2 days ago but I
will. First you can never run from your debts. Come on, 30 years daw kung
me property ka na puede sila habulin. Most housing loans go 25. So these bank can and will get you. It is just a question of when.

Maybe the blogger believes he can get back to who ever offended him
for missing his payment. But I dont care.

But whatever he is doing he probably has a point. Those collectors do not have a right to those payments. I have read that some of the members paid these collectors and these collectors have not remitted their payments. There are members who will pay but not just yet as they have no money left. And if you get sued, the verdict or order will always be pay
the principal at 12% per year interest. So the bank will always get their justice.

I am not sure what his intentions are, He may not even be a banker.
But what I like about his site is helping these people cope with their
troubles. For whatever it is worth.

I honestly believe that deep inside all those debtors will pay those loans
if they can and when they can. But not just yet. The same way I believe
that someday all those street chidren, palaboy, pulibi, yagit and walang
breeding will have a place of their own. And all those useless dregs of society can be useful someday as battle field casualty replacements in
defending these islands of ours.

I dont think what they are doing is bad, simply because it is not criminal.
The same way I think that the 56% interest per annum the bank charges
is not criminal because it is not. About the morality of it, ah I leave that to the moralist.

There you are, what I like about the site and I am not done yet.

1. The banker helping these people cope with their troubles.
For whatever it is worth.

2. There could be justice from those usurers by going thru the courts.
that is not surprising but I did not know that.

3. It exposes the fraud of these raket. (credit cards, collectors and debtors)
I did not know that.

PS.

I dont care about the collectors, they are BS to me.

[istan]

Thanks Mark T.! You made my day.

Trivia...those collection agencies can make someone pay 222% pa of the principal. Wow!

[mark_t]

Mark_t, no offense to you but do you realize that it's a site misusing the word "diskarte" to avoid people they owe money from? I've been reading that site and the blogs and I'm quite DISGUSTED.

I honestly don't know what good you can find from that.

I could have ended on another **** site while googling.

When you refuse to pay money that you owe, what does that make you? a THIEF.

You have a strong point.

Do you also realize that these are the same type of people who triggered the Global Financial Crisis? The type of people who kept incurring debts with no intention or capacity to pay back money they borrowed that led banks to insolvency???

I dont think so, that will be too convenient. There should be something
bigger to cause that.

For me, I don't and will never buy things I can't pay for let alone, afford.

If, in an unforeseen event that I incur debt, I will sell some of my assets to pay it off but I will DEFINITELY not play tricks to avoid them. Even before borrowing, I'd consider how much my assets can be sold, to at least be sure i can pay them back on the agreed time.

I would sell my cattle.

My parents taught me well on how to handle money and that I should never even consider borrowing money whenever possible.

I do understand that sometimes, people have to borrow money but I definitely do not condone sly tricks to avoid creditors. That is just plain wrong. And using God's name???? LOL. Come on. If I were their God, I'd be mad because they obviously think it's fine to swindle your fellowmen.

on a sidenote, I noticed that the site owner (banker?) posted his smartmoney account. What is that, to collect money from the members?? sounds like....hmmm.

Hmmm. His own legacy..

and yet, mga tsikoteers daw ang simplistic and mayayabang just because we dislike what they do. Talk about irony.

I havent been to those threads but most of the time
it is better to be simplistic to save time.

[H1Tman]

maganda yan, para sa mga taong walang hiya.

[actor21]

maganda yan, para sa mga taong walang hiya.

actually sir hindi naman lahat ng ayaw magbayad ng credit cards e walang hiya:

take my case, though nag sabi palang ako na hindi magbabayad sa CC company..

baket? ito ang story..

inalok nila ako ng cash loan pre qualified daw ako for 30k meron ako 2 domestic roundtrip tickets courtesy of cest/zest Air (not sure sa exact airline)...

ito na ang nangyari, na bill na ako ng 1st monthly installment mag sesecond monthly na pero WALA pading ticket na dumadating sakin..

pudpod na mga kuko ko at sawang sawa na ako sa mga alibi ng Customer Represantatives nila..i even went to file a complain sa MISMONG office nila..

so ikaw lumugar sa sitwasyon ko babayaran moba? - take note nagbabayad pa ako right now ha? ang sabi ko sa second billing na wala pa yung tickets ko hindi na ako magbabayad...

at ayaw naman nila na ibalik ko ang 28,800 (binawasan na nila ng processing fee)..aanhin ko naman ang loan na 30k? e ang gusto ko makuha ang PROMO na free tickets??

so sinong lumalabas na mandurugas sa sitwasyon ko?

[empy]

actor21, it sounds like what the CC industry needs is some legislation and some consumer rights laws. in the US there was a lot of hanky panky with unscrupulous lending and collection practices until Congress passed the Truth in Lending Act.

not saying the US doesnt have scams or bad credit practices anymore (the current economic conditions disprove that immediately, hehe) but there are specific laws and regulations governing how much you can charge for a loan, how you disclose the terms of a loan, a dispute process in case a situation like yours occurs, etc.

but none of that is the point of that site. that site is all about running from obligations and the commitments one has made. what are we if we have no word of honor?