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  1. #1

    Default Credit Card as capital for lending?


    Maka withdraw ba ug cash sa Credit Card or Debit Card? Pasensya jud kay wala ko kapanag-iya ug cc sa akong kinabuhi. Ga plano unta ko na himuon ni ug capital sa lending business (Five-Six). Siguro dagway mabawi kay 20% interest/month man ang singil nako sa mga cliente ug para nako dili pod siguro mo charge ug 20%/month ang CC? Kung posible ni worth ba? I mean tanan business naa man jud risk but lain na mn nga topic.


    Mao ba ni mga interest rate nila? https://www.bdo.com.ph/personal/credit-debit-cards/bdo-mastercard


    https://www.bdo.com.ph/sites/default/files/Fees%20and%20charges%20MCx%20nov21.pdf



    Inputs appreciated.

  2. #2
    You can contact me 09228178115 talk ta sa imo terms. basin we can do business. .. pwede na sya credit card but 20% kng kaya but what if dli ka ma bayran mura ang credit card mag cge kadako imo utang sa bank. ma compounded imo interest ana . Sir.

  3. #3
    Quote Originally Posted by Butitor View Post
    Maka withdraw ba ug cash sa Credit Card or Debit Card? Pasensya jud kay wala ko kapanag-iya ug cc sa akong kinabuhi. Ga plano unta ko na himuon ni ug capital sa lending business (Five-Six). Siguro dagway mabawi kay 20% interest/month man ang singil nako sa mga cliente ug para nako dili pod siguro mo charge ug 20%/month ang CC? Kung posible ni worth ba? I mean tanan business naa man jud risk but lain na mn nga topic.


    Mao ba ni mga interest rate nila? https://www.bdo.com.ph/personal/credit-debit-cards/bdo-mastercard


    https://www.bdo.com.ph/sites/default/files/Fees%20and%20charges%20MCx%20nov21.pdf



    Inputs appreciated.
    pwede ra kaayo bro but dako ang risk if d na nimo masunod ug bayad ang monthly dues sa credit card..what if ang imohang mga borrowers dili timely ang bayad unya ma delay na nuon imo monthly payments sa credit card which in return mukaon na ug charges nimo...nakanindot sa credit card if masunod nmo bayad ug full ang dues kay wla na sila interest ug hidden charges..

  4. #4
    I see. Naa man pod ko lain option sama sa paghulam sa COOP ug lain pang lending companies na gamay ug interest/year from1-1.3%, gamay kaayo but dugay lang the least half day ang pag process sa imo loan. Mao naka huna2x ko credit card.hehe

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