FYI: CREDIT CARD Defaulters

[8_cRawlin_baby_8]

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just want to share


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What Will The Bank Do To Me?!

Many times, we cannot understand why a bank filed a case, sometimes, hinde naman.

Here's why:

Individual banks have their respective Board of Directors which sets the direction of management via issuance of policy directives.

The business's policy is a guide that stipulates rules, regulations and objectives, and may be used in the managers' decision-making. It must be flexible and easily interpreted and understood by all employees.

1. Filing of Cases

Banks that have this policy so far are : BPI , Bankard , Citibank , BDO

2. Write-off of Accounts

Banks, upon approval by their board of directors, may write-off loans against allowance for probable losses (valuation reserves) or current operations as soon as they are satisfied that such loans are worthless. ( BSP CIRCULAR NO. 463 Series of 2004 ).

3. Set-off of Deposits

Metrobank usually do this to pay your CC debts with MetroBank Card Corp. So, avoid inconvenience. Close that account!

by: "banker"
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Properties and Assets: What they are and how to protect them

- family home is excempted
- so are your salaries
- and your tools that you need to make a living

luxury items that are not excempted
- valuable items with have Certificates of Ownerships/registration like titles and car

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[lodyl]

about aning set off deposits bai, pananglitan wala na bayri ang HSBC nga credit card unya naay savings account sa Metrobank, so minusan to sa metrobank ang imohang savings?

[8_cRawlin_baby_8]

^^ sis ko bro

if Metrobank CC imong na default'an, kuhaan nila or ihold. if HSBC, then payroll nimo HSBC same thing. and that goes with other banks.

but if HSBC CC imong default card, and naay kay savings/payroll sa other banks (aside HSBC) dili sila kahilabot ana unless if naa na juy court order kaykayon nila

[lodyl]

^^ sis ko bro

if Metrobank CC imong na default'an, kuhaan nila or ihold. if HSBC, then payroll nimo HSBC same thing. and that goes with other banks.

but if HSBC CC imong default card, and naay kay savings/payroll sa other banks (aside HSBC) dili sila kahilabot ana unless if naa na juy court order kaykayon nila

aw... okies... matsalams Sis...

[shiira]

anyone can give advice on how to talk to hsbc para i.waive off nila ang finance and late charges nako? I paid off my outstanding debt sa ilaha but since naa issues sa pagtransfer money, the next day na na transfer ang kwarta. now, they were charging me katong finance and late charges and they dont want to waive it off bsan wla nkoi balance sa ilaha. i tried pleading with them but to no avail. wla nalang jd naikog.

[edgeknife]

naa lang ko question. abi nako wala mapriso sa utang. so why these banks above file cases? daghan kaayu kaila nga dagko kaayu utang sa credit card nga wala bayad bayad. they are still a free man/ woman...

also, like shira, mao pod akong question. if naa pa ka available na utang sa imo credit card and then maglisud ka bayad sa monthly due, bisan minimum, pwede ba mo tawag sa bank to waive off ang finance and late charges...

[8_cRawlin_baby_8]

^^^ civil case ang i-file, not a criminal case.

banks will not entertain such negotiations. either you wait ma write-off imong balance, adto na negotiate sa mga collectors. who knows, from 100K utang nimo pabayron na lang kag 10K

[pridi]

^^^ civil case ang i-file, not a criminal case.

banks will not entertain such negotiations. either you wait ma write-off imong balance, adto na negotiate sa mga collectors. who knows, from 100K utang nimo pabayron na lang kag 10K

pabayron kag 10K nalang kay tungod 10K ra jud imong utang, ang 90K ilang mga charges pero gi waive off nalang....

collectors won't entertain as such also, kay dili man ilaha ang sayop...

[lodyl]

Naa ko question, matud pa sa akoang mga kauban diri, nga 5 years ra daw na kutob ang ma blacklist ka sa credit cards? Then after ana kay pwede na daw ka magkuha ug "new" credit card sa lain bank as they suggested? Unsa ni ka tinuod?

[pridi]

Naa ko question, matud pa sa akoang mga kauban diri, nga 5 years ra daw na kutob ang ma blacklist ka sa credit cards? Then after ana kay pwede na daw ka magkuha ug "new" credit card sa lain bank as they suggested? Unsa ni ka tinuod?

walay maka tubag ani nimo bro/sis... and kung naay ka balo ani, walay mo confirm or mo deny ani kay cla ra ang alkanse... either manganad ang mga tao or mag duda....