Credit Card Debt Collection Practices Considered Unfair Under BSP Regulations

[tokidoki]

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^^ dapat gani ipapatay. lol

seriously, kapungot gyud nang mga palautang oi

[hayden]

Insured naman ang bank daan, so for cases nga non-payment sa client dili naman sila magpa-problema ana coz they will get their money back. Ng-harass rana ang collecting firms ky tungod sa commission nga ilang makuha if ila mapabayad ang client nga nka-utang sa bank.

Actually the bank is hoping nga you will miss payments or not be able to pay your debt to them ky ang ilang ginansya sa interest man sa imong utang....

[s3xyp1nk]

sus as in lesson learned dyud ni para nako,,,wala pa dyud ko mangutang..
walay gamit gamit akong credit card for 2 years,gipabayad ko nilas 5K nga charges..

mga bastos pa kau manukot nga la baya ko mangutang...as in,,NO to Credit cards nko
nya cge pa dyud nilag interest kay wala lagi gamit gamit,,paksit

[hayden]

ngano gipabayad man ka sa 5k charges if wla ka nangutang?

[sgrnim]

not only credit card company do dis.. ang smart broadband ni buhat ani. ky ako gi pa putol ako smart broadband which is my account has not yet reach 2years ky mao mani ila luck in period..but my point ngano i pa close naku ako smart broadband ky tunod sa ila slow service sa internet which is lugi ko sa ako online job ug almost 500,000k na in 1year. so mao ako gi pa putol. pero dili cla mo sugot ky wala pa ko naka abot sa 2years luck in period. ang ila style sa pag hadok nila nimo ky ingnon ka nga i kiha ka sa makati court ky wla ko mo bayad and they demand nga byaran ako kulang nga month para mo 2years ko..wa sila na bu*ng!!? and why ado mn ang ako kaso gi sangat sa makati nga taga cebu mn ko? and why should i pay nga ka dako naku ug alakansi sa ako 1year nga supposed kita naku sa ako work online..pero na wlaa tungod sa ila services nga bati sa internet..haaiii

[vianid]

Akoa sister gani, dako na iya utang sa credit card. But since, nanganak, wla na work, so, wla na income, napabyaan ang utang. Ang collector cge tawag sa house sa ako auntie kay mao man to ang gegamit nga number sa ako sister before. But since wla na dri ako sister sa pinas, ehatag ang call sa akoa,,, dah,,,if masuko ang collector, suko pud ko. Makalagot na cla oi.

[ong76win2]

And this is why collectors here resort to more uncivil methods. I have not met a single borrower na mubayad sa tarong na singil. Impossible kaayo ang pinoy paninglan. Ma amigo, igsuon o parente ba. Perteng lisura paninglan.

Ang concept man gud anang utang is you borrow money because you have projected income that is capable of covering it in the long term. Our majority are under the impression that debt is a means of covering beyond your means without serious thought about its impact on your income.

This is why higpit kaayo mga banks diri sa Pinas. How else would you expect the Philippines survived the recession if not for their conservative lending methods?

Ayaw mo reklamo kung ing-ana na sila ninyo. Inyo nang sayop nga nangutang mo na di diay ninyo kaya. If imo huna hunaon kung nabastosan mo or nahasolan mo. Hunahunaa pud na lugi pud na sila kung di mo mamayad. Debt should be given to the responsible not to the financially irresponsible.

In the first place DILI na inyong kwarta. Ilaha na. Naa man gud uban diri mao pa ang gipautang mao pa ang pa pride2x. Kung taas kaayo mo ug pride ayaw nalang pangutang to begin with ug ayaw reklamo ug paninglan mo!

To derive a quote from an episode in House MD where the hospital is being sued because the guy had to pay a huge sum to have his thumb salvaged. He tried to weasel out of it by suing the hospital for saving his thumb where he didn't want to.

Lawyer: We will see you in court.
Cuddy: "Right, you will. You still have a thumb because of us, and like everyone else in this world, we don’t work for free. We earn this money and if we have to take your house to get it, we will"

Winner!

I agree with you on this. So that is why I put at the beginning of this thread that I am not telling you not to pay your debts. We have to pay our debts. Debts is Debts but depends on the circumstances. Like that of s3xyp1nk. S3xyp1nk have not used the card but was asked to pay P5T even if wala niya magamit ang card.

sus as in lesson learned dyud ni para nako,,,wala pa dyud ko mangutang..
walay gamit gamit akong credit card for 2 years,gipabayad ko nilas 5K nga charges..

mga bastos pa kau manukot nga la baya ko mangutang...as in,,NO to Credit cards nko
nya cge pa dyud nilag interest kay wala lagi gamit gamit,,paksit

I just want you all to be aware that there is also rules and regulations on how to collect debt in a civilized way.

[jntio]

thanks for sharing

[noy.juan]

i think kanang mga collector paid by commision man guro na sila...

[rugby_boys]

para dili mo tawagan sa mga collectors,settle your account na lang...and ayaw na mo pangutang para wala nay maningil ninyo... ^_^