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Old 04-01-2013, 05:03 AM   #21
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Originally Posted by Whitelion View Post
Dear Borrower;

I am credit card holder too, sometimes i missed my obligations too for some reasons. As long
you don't have any signed agreements on the banks or any legal paper or promissory notes which they
may held you for legal actions. You have still your own rights to settle accordingly...

If they Do legal Actions it will be Civil Case which means NOT a criminal case! they can not
sent you in jail by these... What the best they can DO is to ASK/begging you to pay you debt in
a nice & polite manners, otherwise they get nothing if you will not pay... Then soon they will offer
you a settlements which lower & lower your dept..there is a LAW how to get qualified, in get a lower
dept mode. Which Banks never mentions to members so they will not be abused..

Hope Everyone happy with my answer:M
Just Call me White-lion
I have this problem at present. I have a more than m 120k credit card balance in one of the major banks in our country, at first i received demand letters and calls and did not really mind them. But after their failed attempts, i just got a summon, which was served by the sheriff in our place. Unfortunately, i was going to leave in a few days and i wouldn't be able to attend the preliminary meeting. In short i also snubbed the summon. I have asked my lawyer friends and they said you can pay in the future when you have money already. I was really surprised that they really filed a civil case against me. Now, my problem is, my father wants to transfer my inherited land to my name and i can't refuse him because he doesn't know about the civil case ( he might have heart attack if he learns about it). I am worried about the attachments... My question is, how long before the court put an attachment in a property? And what does having an attachment means and the consequences? If ever i will be able to pay my debt, will they remove the attachements? Please if anyone can really enlighten me on this, i would greatly appreciate it... Thanks a lot....
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Old 04-03-2013, 05:36 AM   #22
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Default Re: Case for my credit card debt - Manila, Philippines

I requested the bank to cancel my card but they said that bank policy forbid them to cancel any card with outstanding balance. I actually paid all my purchases except bank charges (annual fee, interest, late payment charges etc.) since the agent told me to leave the bank charges alone and pay only the actual cost of goods charge to my account. To settle the issue, I demanded a breakdown of charges and show willingness to pay some bank charges directly related to the actual charged cost of goods which the bank rejected noting that it is not possible for them.

The bank is still charging me Php500 late payment charges and refused to cancel the card on similar grounds that card cancellation if possible only after settling all outstanding balances (now inlcuding ridiculous bank charges).

Do I have any legal option to force the bank to stop charging me those ridiculous late payment charges?
Can I refuse payment until they show the the exact computation of my valid charges as againts the invalid charges (those charges made by the bank after my request of computation and card cancellation?

Please give me advise...what should I do???
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Old 07-12-2013, 11:21 PM   #23
nors
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Default Re: Case for my credit card debt - Manila, Philippines

good day everyone. can anyone tell me where to get a good credit card lawyer and how much ang consultation? Gusto ko labanan ang credit card bank ko eh. nabwibwisit kasi ako. Medyo long story but to make it super short, I have not received any SOA from Sept. 2011 up to present. But I kept paying until March 2012. Prior to my nonpayment, I called the hotline several times in different months, made PERSONAL appearance to file my complain 2x in 2 different branches. Pero walang nangyari. Kahit email hindi nila masend kasi wala daw sila ganun pag walang savings account. Sobrang nainis ako kc saan ka nman nakakita na ako ang may utang, ako pa naghahabol magbayad. Kaya di na lang ako nagbayad kc lokohan nman na ito. I am very much willing to pay pero ibigay muna nila SOA ko and I don’t want late charges. Gusto ko malaman if may laban ako if nagfile sila ng Civil lawsuit. At yung panghaharass ng collection department/agency na HINDI DIN NMAN NILA MAGAWAN ng aksyon yung hinihiling ko na copy of SOAs ko. I did not change phone numbers nor billing address. Kya please, can anyone give me a lawyer. Please email me your answer. thanks so much! the unpaid amount is less than 20k but I am willing to pay the lawyer basta marealize lang ng bangko na hindi tama yung ginawa nila.
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Old 08-13-2013, 02:00 PM   #24
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Default Re: Case of stale check/estafa/bp22 - Manila, Philippines

Hi! Hope you will enlighten me with in my case. Last year I borrow a money from a friend worth 100k Aug 2012 and she said she knows someone from casino but with 15% interest. Requirements is a guaranteed check of 15K for the first month dated the following month and the full amount plus 15% interest which 115k dated on the second month. My friend was the one who do the transaction with the casino group("") I haven't meet anyone from them. The first check was deposited on time and good and before the due of the second check amounting 115k, I asked my friend if i can still continue and just pay 15K per month instead while I am still not not financially fit, They agree so i deposited every month in her bank account not to the casino boys that she is talking about. All payment are payable to my friend. Then When December comes, she wants me to settle the full amounts which gave me stress because I dont know where to get that amount. But What i did, i still deposited the 15k interest. Then They said, they need to increase the interest rate to 20K or else they will file a case against me. So what i did, I deposited 20K on the month of january and February even I am having hardtime to settle it and skip meals just to pay them and I lost my Job. March to June I didnt pay anything and receiving all threats and bad words from my friend but I am communicating. So I decided to face her month of June this year and telling that i want to talk to the casino boys that she is talking about so that i can personally huggle and tell the situation. She said she will talk to them, even i am asking her and demand that i wanna meet them she didn't allow to happen. Then she texted me in my mobile and telling that the casino boy's agreed with the 7% interest which 7K and which i didn't demand. But bec i got 10K in the month of July I still deposited the 7k in her account. Then end of July she remind me about the payment for august and I reply to her that I don't have money as a moment. But now they are telling me again that they will sue me for ESTAFA, they will send the demand letter in the city hall not in my postal mailing address. Am i liable for ESTAFA or BP22? We don't have contracts and i have intention to pay to settle my debt. but not today and not tomorrow, might be next week or next month because I don't have work and I don't have a money as the moment.... If we will apply the law, 6% P.A is the allowable interest rate. And the fact that they are holding the stale check and have interest to PAY. What will be the case that they will file? For sure I will not gonna receive the demand letter, is that honor to send the city hall as my mailing address? I badly need your advise because I am so stress and here. Thank you
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Old 08-14-2013, 10:33 PM   #25
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Default Re: Case for my credit card debt - Manila, Philippines

Hi, my name is Vera Berry and I live in Oklahoma, United States, I heard about scam bully fake online lenders, but I had good luck, getting a loan through my links below for those who are still taken as a fish theme moneylenders, please contact Mrs. Rateecatlet through rateecatletloanfirm01@gmail.com

It has what you need. I searched the internet and found out that it difficult for someone to get a good company that can to offer you a loan, instead they take the little you have and never have anything in return and I feel I feel myself for it, and I have been accepted as a fish on a loan shark, until I came in contact with Sarah, she told me that she had received a loan from the FINANCIAL CENTER RATEECATLET through, Rateecatlet and I thought, it's the same thing with the other lender, and before I could know company called me to confirm my account

I was surprised and I found that the amount I applied when I visited the bank. When I turned to Sara, who referred me said that the moral of the reference was not only for me to contact with them, but also know that there are still companies like rightful lord, Rateecatlet ', which provides loans even in the deep our problems, Email: is rateecatletloanfirm01@gmail.com it can help you my brother. A sister

Vera Berry
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Old 10-15-2013, 05:03 PM   #26
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Default Re: Case of stale check/estafa/bp22 - Manila, Philippines

Quote:
Originally Posted by Unregistered View Post
Hi! Hope you will enlighten me with in my case. Last year I borrow a money from a friend worth 100k Aug 2012 and she said she knows someone from casino but with 15% interest. Requirements is a guaranteed check of 15K for the first month dated the following month and the full amount plus 15% interest which 115k dated on the second month. My friend was the one who do the transaction with the casino group("") I haven't meet anyone from them. The first check was deposited on time and good and before the due of the second check amounting 115k, I asked my friend if i can still continue and just pay 15K per month instead while I am still not not financially fit, They agree so i deposited every month in her bank account not to the casino boys that she is talking about. All payment are payable to my friend. Then When December comes, she wants me to settle the full amounts which gave me stress because I dont know where to get that amount. But What i did, i still deposited the 15k interest. Then They said, they need to increase the interest rate to 20K or else they will file a case against me. So what i did, I deposited 20K on the month of january and February even I am having hardtime to settle it and skip meals just to pay them and I lost my Job. March to June I didnt pay anything and receiving all threats and bad words from my friend but I am communicating. So I decided to face her month of June this year and telling that i want to talk to the casino boys that she is talking about so that i can personally huggle and tell the situation. She said she will talk to them, even i am asking her and demand that i wanna meet them she didn't allow to happen. Then she texted me in my mobile and telling that the casino boy's agreed with the 7% interest which 7K and which i didn't demand. But bec i got 10K in the month of July I still deposited the 7k in her account. Then end of July she remind me about the payment for august and I reply to her that I don't have money as a moment. But now they are telling me again that they will sue me for ESTAFA, they will send the demand letter in the city hall not in my postal mailing address. Am i liable for ESTAFA or BP22? We don't have contracts and i have intention to pay to settle my debt. but not today and not tomorrow, might be next week or next month because I don't have work and I don't have a money as the moment.... If we will apply the law, 6% P.A is the allowable interest rate. And the fact that they are holding the stale check and have interest to PAY. What will be the case that they will file? For sure I will not gonna receive the demand letter, is that honor to send the city hall as my mailing address? I badly need your advise because I am so stress and here. Thank you
yes estafa yan.
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Old 10-27-2013, 10:19 PM   #27
ingoodfaith
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Default Re: Case for my credit card debt - Manila, Philippines

just want to ask for help
direct seller po ako.meron po akong existing account na di ko pa nababayran.pero before that pa po eh nagbabayad po ako everytime na may due ako kaso po nung nagkaroon nang problema na di na nakakabayad yung mga kumuha sa akin ng mga goods nahihirapan na rin po ako magbayad sa pinagkukuhanan ko..everytime po na may masingil ako e binabayad ko sa kanila.and may time po na pinapapirma lng yung payment ko sa book..na walang receipt.trust agreement po ung receipt namin for the goods na kinuha ko.
tapos ngayon po e sinasabi nila na nag back to gross daw po ung account ko tapos may penalty pa na 20% and counting pa.ask ko lng po kung legal po ba ito?..tapos magsesend na po sila ng demand letter..
palagi po akong nakikiusap na babayran ko sila..just need time lng po.hindi ko naman po sila tatakbuhan.sinasabi pa nila na ilalapit nila sa NBI.posible po ba eto?.

thank you and hope may malinawan ako.
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Old 10-27-2013, 11:38 PM   #28
ingoodfaith
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Default Re: Case for my credit card debt - Manila, Philippines

..i am a direct seller..i have an existing account which i have not paid yet.
but before that everytime i have dues i always see to it that i paid it on time if not in advance..the problem arise when some of my customers did not pay their accounts to me..now the person i owe(the person i got the goods from) is threatening me that she will go to the NBI..and according to her all my accounts has been back to its original gross..and still have to pay 20% penalties and still counting..also she said she will send me demand letter..
i always see to it that everytime she will text or contact me i will reply to her with much regret that for now i will not be able to pay her because i have no job for the moment..and i will not run form my obligation to her..but she always threathens me..and saying that my account is becoming bigger..
i always say sorry and asking for more understanding to her because i feel what she felt because i have tried lending cold cash but to no avail i haven't collect it yet..

pls help..is 20% penalty legal?..in the course that she will send my demand letter..can it be the basis for me to be in court?or in jail?
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Old 12-26-2013, 04:30 AM   #29
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Default Re: Case for my credit card debt - Manila, Philippines

Hi! I would greatly appreciate any response for my case here which is actually similar to most on this forum. I owe a credit card company in the Philippines around Php6,000.00 as per my last payment in September 2013. I had slight financial problems hence I was not able to settle my obligations.

I had an agreement with the bank to pay an amount of around Php1700.00 which I have continued until September 2013. My arrangement was supposedly until November or December 2013. I understand that my account was endorsed to Vision Credit and Collection who provided me a contract to pay a discounted amount of Php10,000.00. It had become Php10,000 since as per the breakdown provided my total amount had already ballooned to P27,000.00.

I received a demand letter for the remaining amount to be paid from restructured payment which is Php6,000.00 + 30% (of the amount).

I am willing to pay for the Php10,000.00 (whether this be the discounted rate or the actual fee based on the Php6,000.00 + 30%) and settle obligations with a minimal extension in payment due date.

I would greatly appreciate your advice on the matter and how to go about with this. I my receipts from my payments following the restructured payment scheme provided. It was only in October 2013 that I was not able to do so.

Thank you.
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Old 02-22-2014, 01:59 PM   #30
afraidguy
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Default Re: Case for my credit card debt - Manila, Philippines

I too have a a similar problem. I was not able to pay my credit card since year 2000 because I lost my job. Several law firms tried to collect from me until they decided to file a civil case in court against me. The court sent me a resolution and asked me to pay. I wrote a letter to the court and even called them. They told me to just communicate again with the law firm. Now, another law firm is handling my account. I am pissed off already because they even sent the demand letter to my friend whom I used as a character reference when i applied for a credit card. I asked a lot of lawyers-friend and told me one thing. Pay it when you have the money, and with regard to the law firm, ignore them!!!!
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