What BANKS are NOT TELLING YOU: FAQs on CREDIT CARDs, LOANS, CREDIT SCORE and REPORT | Philippines
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- เผยแพร่เมื่อ 1 ส.ค. 2024
- Today, we will be talking about our FAQs on CREDIT CARDs, LOANS, and especially your CREDIT SCORE and CREDIT REPORT! What happens if you do not pay your credit card bills on time? Will it affect your credit score? Can you get a credit card even if you are a minor? We will answer all of your juicy questions on anything that is about credit!
CIC Submitting Agencies: bit.ly/cic-submitting-agencies
CIC Accessing Agencies: bit.ly/cic-accessing-agencies
Credit Amnesty Program: bit.ly/credit-amnesty-program-ph
CIBI: customerservice@cibi.com.ph, creditbureausupport@cibi.com.ph
TransUnion Philippines: inquiryph@transunion.com
Part 2 here: • What BANKS are NOT TEL...
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❗ DISCLAIMER: I am NOT a licensed financial advisor, so take everything that I say with a grain of salt, and always do your research. I am not and will never be responsible for any consequences of your financial decisions.
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Stay educated!
- Oshean - แนวปฏิบัติและการใช้ชีวิต
Update: Local Telco Postpaid Line history might also be included in your reports that could also affect your credit scores. This is still a gray area since Globe and Smart are not listed on CIC's website as reporting agencies. Thank you @mynameassenav for sharing your experience/info! :D
Welcome po sir. Salamat po sa vlog ninyo.🙏🏻
Hmm might be the reason why for some reason hindi ako ma approve approve sa cc applications ko. Fudge
Good infor thanks!
this is the answer na haha
A friend of mine got declined sa house loan nya, the bank told her may globe plan sya hindi nabayaran na ilang years ago na nakalipas
thank you for another knowledge sir specially us in our 20s ❤❤
Thankyou for educating us po! Specially kami pong mga nasa 20s❤️
Thank you also, Preciousa! :)
Thank you po😀
Nice Osh!! :D
Thank you AE! Congrats sa 1k subs! ❤
Binge watching your videos po. Hahahah addicted na ako kasi informational iyong videos mo. Anyhow, mind if I ask personal questions? What's your field of work po pala? Para ka kasing financial advisor. 😊😊😊😊
Haha hello Jotham! Hindi po ako financial advisor :D Pero salamat! :) I currently work in the tech sector :)
Hi! What if nag-close na yung creditor? How can we settle? Can this be subject for dispute?
Sir got an SSS notification this Jan 17, 2023,
SSS will submitting our basic credit data to CIC na rin.
Hi! Just to add re sa question if ma approved paba sa loans or credit card if my delinquent account, the answer is no po. you need to settle muna yong delinquent acct and secure a certificate of full payment. My database po ang lahat ng banks and makikita at makikita nila ang delinquent acct mo. If you settled it already, always attached your certificate of full payment when applying for a loan or CC. Thanks 😀
Hi Sir.. I've been wanting to pay my unsettled debt sa Citibank.. way back 2009... Kaso di ko na ma contact young collections team... Hindi rin ako masagot no Citibank, wala n daw sa knila.. willing to pay naman ako.. wala lang talaga ako means to contact them
I have unpaid sun and smart postpaid account many years ago but still able to get a globe account and credit cards!
good day sir. i really enjoyed your video.
Thank you also! :D
@@osheanlee
good day sir. question lng po. what if the person who issued the bounced check is experiencing financial distress because of the effect of COVID19 and this Pandemic? what should that person do sir?
@@cincosherrylmotovlog9302 Hi! I'm not sure if pag-nagttake effect pa yung parang memorandum na pwedeng i-delay ang pagbayad ng debts. Negotiate with your bank on this if ever. Baka may ma-offer sila na flexible terms of payment if ever. :D
Hi does unpaid online loans like maya and GCash affect my credit score?
Question po kung yung payroll account po or atm parehas ng credit card ko at hindi ko nabyaran yung utang ko sa credit card ikakaltas ba nila utang ko kung nasa ibang company na ko? Lalo na ku g parehas ng name ng atm at credit card
Hi Sir. Is it okay to use cc in paying auto loans of same bank? Thank you
Hi! You mean yung monthly amortization? Not sure. Pero I would recommend na don't use your CC to pay loans. Pay it in cash instead. :)
Hi ! Does visa charges insurance company to their losses if client choose not to pay full amount?
Hi! Sorry no idea on that. Interesting question though!
Ask sana ko kung ma dededuct ba ng Banko sa other payroll account ko ung previous loans na hindi ko nabayaran sa same Bank?
Good afternoon.i just want to ask because my son has a car loan.He does not miss paying even a single month but during Pandemic there are pronouncements from our gov't that payment of credits can be delayed especislly from banks (correct me if im wrong) and my son did not pay for 2 months.When he asked the bank of his total payable amount to payoff his credit loan, he found out that the bank charged him a high rate for the months that he did pay cause of pandemic.please help.thank you.
Hi! Would you know if what's the resolution when he called the bank?
Were the months that he did not pay was during ECQ? Hope this could help: www.creditinfo.gov.ph/philstar-banks-urged-not-declare-loan-defaults-during-ecq
Also if via e-mail yung inquiry, best to copy furnish the Bangko Sentral ng Pilipinas. Best to get the policy that was implemented by the government during the months na hindi po nakapagbayad yung anak po ninyo.
Hope this helps!
Hi sir question po. For examples may mga deliquent cards tapos binayaran mo na. Maapproved kaya for Housing loan?
How about PLDT po?
question po, i have loan from my previous company namely ADVANCE, TSAKA SAVII(FORMERLY UPLOAN) WHICH IS AFFILIATED NG COMPANY KO NA NAG RESIGNED NA PO AKO AND NOW I HAVE A LOAN FROM THIS LOAN INSTITUTION NA BESTLOAN ,DI KO PA PO NABAYARAN SINCE DI PA AKO NAKA CLEARANCE AND IM SURE FOR FINAL PAY SILA MAG DEDUCT, AND IM PLANNING TO RENEW MY BESTLOAN ,MAKIKITA PO KAYA NILA NA MAY OUTSTANDING BALANCE AKO SA PREVIOUS COMPANY THAT WOULD POSSIBLY DECLINEE MY RENEWAL PO?
HELLO nice videos! Dami kong natutunan! question, how bout po yung mga gym membership like fitness first? makaka apekto ba yun sa credit score? thanks!
Hi Ina! Thank you for watching ❤️ hindi po sila loan company/credit company, so my answer would be no. And usually I only base it on the list of submitting agencies sa CIC na nasa website po nila. Hope this helps! :)
Pano makahiram if you have a bad credit score/history and where?
it depends sa bank pa rin na hihiraman mo. same analogy na pag humiram ka sa kaibigan mo tapos alam nya na di maganda ang records mo sa utang, then most likely di ka pauutangin.
Will my loan be affected if my credit limit has been maxed out though I am regularly paying on or before due date.
Yes. Credit utilization yun.
Hi sir pano malalaman if there is unsettled loans or others kz I’m planning to apply bank loan for condo.
Credit report! Check my other videos
Nasagot na po tanong ko,salamat po kuya
Thank you, Jilbert! :)
Hi Thank you for the great information. Do you happen to know where can we submit a personal loan kahit may issue ako with Unionbank last 2017 but i still have an active credit card with Security Bank since 2020 and fully paid. Saan po kaya maganda mag submit ng loan?
Maybe Security Bank since you have an active cc there?
Hello po! Quick question. Yung mga online lending company po ba mga loan shark. Included din po kaya sila? Makaka affect din po sila sa credit scores?
Yes. Included sila as long as registered sila sa BSP.
Does a SSS loan affect my credit score? Not sure if the "SSS" That is listed is the gov't's sss.
afaik not yet, and most likely baka hindi nila ilagay since SSS is a member-driven institution, unlike banks.
affected po b ung ibang atm m f may unpaid cc card po
I have a question regarding a govt salary loan 18 years ago made through his employment at a municipality. How do we help this person settle the debt? He is no longer working for that town for more than 15 years. We will help pay for the principal amount of 13K but not the total with interest of 45K. He did not know it has accumulated so much interest, and after 18 years he received a copy of letter to the new mayor showing his name and the amount to be paid with interest. Shall we hire a lawyer to help us settle with the bank or we can directly go to the bank and talk about settlement? We don't want to deal with the town mayor as much as possible. So timely for the election period.
Hi! If the money is from the bank, I think it just makes more sense to talk to the bank directly. Sa bank naman po siya may utang -- not with the mayor, I assume?
Yung interest, most likely it can be negotiated na bawasan or pwedeng installment yung payment. Hope this helps!
Hi. Does having a credit card debt affects your own bank savings account? Weather the card issuer and the bank of your savings account is same or not?
Hi! Your credit card account and your savings account are 2 different entities. Although, yung ginagawa ng ibang banks is kapag di mo binabayaran yung credit card mo, binabawasan nila yung savings account mo. Honestly medyo gray area pa 'to since ideally hindi dapat.
@@osheanlee what if i am applying for a housing loan thru pag-ibig, maapektuhan ba ng bad credit ung housing loan application ko?
hi sir... just wanna asknif a late payment of 5days from the due date of cc will affect the cc score? another question is if your not paying the full amount every month and just paying a partial amount that is a little bit higher than the minimum amount to pay, will that affect your cc score?
1.) yes
2.) yes
As long as you are NOT PAYING ON TIME AND IN FULL, bababa ang credit score mo :)
Can you still open an account example savings or debit account kahit may deliquency ka sa particular bank na magoopen ka ng accnt❤️?
Hi! Yes pwede :)
Hi po. Hope you can help me with my question. I can't pay my credit card bills on full amount. Can I call the bank and ask for restructuring? I want to pay it all but what is the best way for me to say so they can assist me. Thank you!
Hi! Yes, please call your bank. Papayag sila; however, certain fees and charges might apply. Hope this helps!
Mahirap din maging supplimentary s experience ko naging deliquent un principal damay n din un supplimentary po
Question po. I have a secured credit for almost5 years. Pede na ba akong magrequest sa bank ng lift ang hold and convert it to regular credit card.
kung 5 years na at good payer ka naman, I think it's just time
Loaning from bank and paying it off just for the sake of increasing your credit score? Good or nah?
Hi Beeman! If it's for the sake of increasing your credit score, then it's a no-no. A better motivation for getting loans is to invest it on properties or businesses that could beat its interest rate (i.e. capital appreciation)
Hi, may credit union ba sa Philippines? Uuwi ako ng Manila soon and I dislike big banks and was wondering if there is a credit union back home. Thank you
Hi! Afaik meron. But not really sure about how it works here yet. Would love to learn it too if ever! :D
Hi Oshean! I just want to know your opinion about this, I had a quickloan with UB in 2019 for 4k lang naman, it was supposed to be a salary deduction but since I resigned the same month, hindi ko siya nabayaran so my account got deliquent and was endorsed to 3rd party collections na. Then now, to my surprise, I've accessed my UB online banking, and the 4k is still showing there as a negative balance without interests. I know it has affected my credit score, that's why eveytime I apply for a credit card, they just offer me a secured CC. Now, I am planning to pay off my loan with UB. Do you think I need to confirm pa with them if magagamit ko pa yung savings account ko pag pinay-off ko yunf loan?( it's a payroll account kasi ) or automatic magko-close yon? Also, I was wondering if real time ba ang credit score update once na nagbayad ka ng bank loan? TIA. ❤️
Hi! Sorry for the late reply. Hmm ang alam ko kasi, they can give you options on how to pay it -- and hindi siya exclusive lang na idededuct sa savings account. Pwede siya kahit over-the-counter sa bank. I think it's best to have your savings account closed and open ka na lang ng bago siguro just to be sure? and also better to discuss it with the collection agency kung papaano yung terms of payment :D hope this helps! :)
@@greenmnl966 Thank you also!!!
same here, i have an outstanding loan in ub and haven't paid it yet after being positive sa covid, did you already pay or loan? what options did the agency provided to you? tia
Hi did they do ba a home visit because of it? Kasi I have the same situation and right now hidni pako nakakabalik for work.
update po?
Hello Oshean. If my debt is already with a collections company, can I haggle with the price they are asking me to pay? I've read na you can but at what percentage?
Hi! Yes, you can. In my case, I had a debt of almost 500k, but the collecting agency offered me na I can pay 160k na lang -- 1 year to pay siya though. 60% yung interest since 100k yung credit limit ko. So maybe around that percentage yung pwede mo i-haggle? It's still big -- but worth a shot to lower it. More info about my story on this video: th-cam.com/video/3gVOBEoNSw4/w-d-xo.html
P.S. Nice name btw haha!
Thank you! It's a burner account. Hehe. Mine is just around 80k. 55k credit limit. Can you advise me how much should I just pay? It's been delinquent for more than 5 years already but I wanna clear my debts na. I was young and irresponsible back then.
oh 5 years na...hindi pa ba siya nag-aaccumulate ng interest nun? did you talk to your bank na about it?
@@okayboomer6398 Anyway regardless, if you can pay it in full -- it might be better and baka mas mababa pa yung pwede mo mabayaran :D Good luck!
Sir..asking...ang brother ko na delinquent sa CC..now he own motorcycle(2nd hand) balak nia I pa transfer of ownership ang MC under his name....Isa s required Ay going to HPG Camp Karingal for personal information or so on.....MD yo na bother cia doon sa senaryu n yun....Baka kase I hold cia or detain..if lalabas sa record ng HPG police na me CC bank delinquent cia...thank po sana malinawan kmi
Hi Andi! It’s best to ask a lawyer for that question.
Hindi rin ako sure sa sagot ko, but my other question is: nabayaran na ba ng brother mo yung CC nya before? If yes, the more na I don’t see a reason para i-hold siya. Second - if not yet, I still don’t see a reason para i-hold siya kasi transfer of ownership naman. And also wala pong nakukulong sa utang as per our constitution BUT pwede lang makulong if it’s proven in court na may intent na takasan ang utang. Hope this helps!
Hi po ask lang after making a full payment from the bank can I still retrieve my credit card or can I still use it? though it was sent to collections agency?if ever na pwede pano po? kasi nag ask po ako sa bank but they said na I need to contact the Collections. Tia po!
Pag binalik mo na sa bank no more na
sir if may unsettled credit card bill ka kay BPI, can they auto debit your savings account to compensate for your past due balance?
yung nangyari sakin is oo, inauto-debit nila nung 2 months na ako na hindi nakakapag-bayad
1st question: Can i pay my unsettled credit card to the bank even if they sold it to collection agency?
2nd question: Can i pay the credit limit amount only intead of paying the whole amount with interest?
1. once your account has been turned over to the collection agency, you have to settle it with the collection agency na.
2. it depends on your negotiation with the bank/collection agency, but most cases -- no, di sila papayag.
@@osheanleehello Po,may Tanong Po pano if di nakapagbayad ng loan sa union bank kasi nawalan Ako ng trbho.sana mapansib niyo po.thabk you
@@karenpaguirigan1988 best to coordinate with the bank. a loan is still a loan.
No credit card, no loans from past 5yrs from both Govrnment and Private. What will be my possible credit score? Since no history at all.. thanks
Hi Jenna! You might not have any credit scores as of the moment when you try to get it. You can start building up your credit score by getting a credit card. It's the best way to build one :)
@@osheanlee mggng prob ko po ba xa if ever i need to loan? Thanks
Hi po would like to ask a question. Do you know po if ever it will hurt your credit score if you would be changing from a mastercard to visa since it would be a new account and a new card with a different number and they said I can deactivate my old account when the new card arrives. So ayun po I was wondering if by closing my old account since I requested for a change in type of card will it affect my credit history or will it just carry on to my new account. Thanks!
Hi! The length of your credit line is also a contributing factor to your credit score. Although usually mga nasa 15% lang naman siya. My recommendation for this is to keep your mastercard pa rin. If your bank charges you for your annual fee, call your bank asap to have it waived. If ayaw nila ipa-waive, feel free to have it closed. Their loss, not yours. :)
@@osheanlee thanks for the advice sir!
Hi sir! May loan po kasi ako sa sbc around 4k yun then nag pandemic hindi ko nabayaran e salary deduction yun. And then after nun ng resign ako, tapos naka hanap ako ng work now, and now yung work ko na nahanap now is the same bank which is sbc din yung bank na assiociated sa company ko. Magkakaproblema ba ko dun or dun nila de deduct yung pending payment ko sa sbc. Maraming salamat po sana i ma notice nyo to and masagot nadin! By the way nakapa informative ng videos mo sir dami ko learnings. God bless sir! 😇😇😇
Hi Dheen! Apologies for the late reply. Got busy lang. If I got it correctly -- bank mismo yung gagawa ng salary deduction and not your previous company, right? If that's the case, wala ka dapat magiging problem as long as may laman yung bank na magdededuct ng pambayad mo sa loans. But I best recommend to verify this with your bank. It's better to be proactive and "ma-praning" and do due diligence on asking (because it's always free to ask) kesa sa maka-encounter tayo ng unforeseen mishaps. Hope this helps! :)
hi sir.. may bank po ba na pwede mag personal loan yung mga no card holder ?
Yup! No need to be a card holder for you to qualify for a personal loan.
Sir Question Po, delayed Po kami sa monthly amortization Ng car loan. Bnbgyan Po kami Ng 5days to surrender the car and settle the principal outstanding balance which is nsa 500k pa. Nag bayad Po kami pero ung balance to cover Po ung delayed amount pero ayaw nila tanggapin pinipilit na isurrender Ang ssakyan. Any advice Po sir. Salamat
Hi mark, check your contract with them. And then refer to a lawyer. Unfortunately I can’t help you on that. I have no knowledge on car loans. Salamay.
Sir what if ang mga di mo nabayaran po ay mga online loan app na mga loan shark talaga po . Makakaapekto po ba sila sa pag apply ko ng credit card?
As long as they are regulated by BSP, then yes. I assume they're regulated by BSP too and that they are also institution submitting credit reports sa CIC, then oo makaka-apekto yun.
Hi! New subscriber here! I like your video, very informative. I was just curious about the credit score, GCash is giving a credit score, yung credit score ba ng GCash base din sa entirety ng credit history ng Gcash member? Thanks for answering... :D
Hi!! Thank you for the sub. :)
Afaik yung GScore is dependent lang siya sa activities ng GCash user, in GCash alone, hindi kasama yung sa labas. :)
@@osheanlee thanks for the info!
Godbless... ❤️❤️❤️
Hi sir! Question lang po makakaaffect po ba sa credit score kung magcancel ka po ng credit card na hindi mo na ginagamit? Thank you po! 😊
Hi! Short answer is yes. Kasi kinoconsider nila yung kung gaano katagal ka na may credit account. Pag kinlose mo yun, mapuputol din yung length of record mo. Kung hindi mo naman ginagamit, I'd recommend to use it kahit sa pambayad ng bills pero bayaran mo agad if you're using online payment for credit cards. I do that, since I don't treat my credit cards as extra cash. It's just a convenience tool. And sayang yung points. Hope this helps! :D
@@osheanlee thank you po sir! 😊
Hi sir. Yung credit card n walang application just pnadala but for now d mkabayad cause of pandemic. Malaki po b kaso nun.? Tnx po...
1. Afaik it's illegal for banks to send credit cards na hindi sinasabi sayo before ipadala.
2. You can negotiate with banks on how to pay your credit card. You can check out my other videos. I have a full playlist of all about credit management. :)
Hope this helps!
Hello sir question
I have loan sa BPI and they are saying na under legal team na daw yung akin. Tumawag yung attorney saying na mag papa blotter na daw sila. What should i do?
Makiusap ka po na hulugan mo sa kaya mong amount. And be responsible na babayaran mo unti-unti. At babaan pa nila yung total
Unsettled credit cards last 5 to 6 yrs ago can affect my housing loan application in PAGIBIG? TIA, MORE POWER PO.
not sure po
Hi sir. Forgot to ask.. Can i still work overseas though i have debts in thr philippines? Im now applying for overseas work so that i could earn higher and slowly pay all of my payables.. Aside from that ive started doing part time jobs..
Hi! Afaik yes as long as you tell your banks your updated contact information and address. Failure to do so can be grounds for fraud (i.e. never takasan ang utang). :)
Will they proceed with legal process for unpaid personal bank loans? Tight budget now then can't pay for like 3more months pa, ma foforward daw sa collections yung account ko not sure what will happen next.
Hi Jessa! Watch my other videos too to learn more. But TLDR is yes -- pag hindi po binabayaran ang utang, banks will forward them to collecting agencies and/or it will subject to legal actions as well. :)
@@osheanlee Possible ba na na mag offer sila ng payment terms ang collection? kasi TBH can't pay the unpaid balance in full. TIA ❤️
Hi may i ask. Nasa 3rd party collection na yung credit card ko. And then tumatwag ako sa collections nila tpos sa nkailang calls ako. Sinabihan ako na irestructure and then pay the 10% of the amount and then once payment made twag daw ako ulit. Pra sa restructure.. after a week tumawag ako. Pinagpasapasa ako. And sa last call ko pinasa na ako sa 3rd party so ayun kinausap ko. And then as per checking wala daw request for restructure.. ano bang dapt gawin.. nyan sir. Prang pinagloloko nila ako at pinapaasa na tayo namn sana ay nkikipag communicate ng maaus
E-mails for paper trail. Copy-furnish consumeraffairs@bsp.gov.ph
Sir ung last month po kasi ng bayad ng sasakyan namin 6k lang po ung dinebit sa account namin pero 13,400 po ung monthly namin. Sa huling bayad po ba talaga ng sasakyan ibabawas na dun ung rebate? Mar rebate po ba ung car loan?. Thank you for answering
Hi! SLR. Sorry hindi ako familiar sa car loans. Best to contact yung pinagbilhan nyo po ng sasakyan. Thank you.
I am a credit card deliquent for 3 years. I just applied for a personal loan sa bpi which I dont have outstanding debt. can collection agencies track me down with the info I just submitted to my bpi personal loan? 😮
not sure with collecting agencies, but definitely BPI will know na you are a credit card delinquent. So high chance na they will disapprove you of your personal loan. :)
sir nasa list po kaya yung credit card na di na naasikasong bayaran noong year 2001 pa?
Hi! Possible. The only way to know is by requesting your credit report po. :)
Hello. How do I know po kung ilan yung credit score ko?
Hi! You can check my other videos.
Sir may mairerecommend ba kayo na best credit card na no annual fee? Sa security bank kasi may annual fee nawi-waive lng kpag nag spend ako ng 10k kaya ginagamit ko siya sa tlga basic needs. Pero mas gusto ko pa rin wlang expenses, reserba ko lng kasi ang credit card kpag may emergency dun ko lng tlga gustong gamitin.
Second question po, may utang po ako s credit card dati lumagpas ng 90 days bago ko nabayaran in full may binigay nman na sulat sa akin na na settle ko na, ibig pa rin po ba sbhin na may bad record pa rin po ako? I hope you will reply po, Ito po tlga mga concerns ko. Salamat in advance sir
Hi Rolan :)
1. For No Annual Fees, BPI and UnionBank pareho silang may promo ngayon na NAFFL na credit cards.
a. BPI: www.bpi.com.ph/creditcards
b. UnionBank: www.unionbankph.com/cards/credit-card/discounts-and-promos?id=2348
Security Bank's Titanium na NEXT Mastercard does not have annual fees din. Though ang cons lang sa kanya is once na nag-exceed ng 5k ang purchase mo using the card, automatic installment siya (at I think may kasamang interest).
But IMO the best credit card na walang annual feel right now is yung Citibank Rewards. Naka-promo rin sila ngayon na if you apply until end of Feb tapos na-approve ka tapos you spend 20k within 2 months, NAFFL na yung Citibank Rewards mo. Tbh I do not recomend Citibank's Simplicity+ kahit NAFFL siya because the rewards are not that enticing sa Simplicity.
Hope this helps!
@@osheanlee thank you sir sa pag reply po
@@rolansanchez7046 You're welcome! :)
Hello po I have question ano po ba ibig sabihin nang cancelled loan kasi po i tried to apply for a home credit pero hindi sya na approved kasi may cancelled loan dw po ako ..paano po ba yan maayos? Thanks in advance
Hi Lea! Sorry late reply. Afaik cancelled loan is nag-loan ka before pero either hindi mo na-settle siya. Would you know if meron ka bang inuntangan before na bank kahit credit card? Hope this helps!
You can also check your credit reports to verify also your records on this.
I have unpaid credit card debt showing as closed on my credit report. It does not show in collections. How can I fix my credit. Who owns this???
File a dispute with CIC!
Hi ano po possible solution if you have good credit standing but suddenly can't pay the credit card company because the amount due is due to a fraudulent transaction or in short, you're a scam victim. Thank you in advance.
Nag-file ka ba agad ng dispute sa bank? What’s the resolution?
Pa notice po sir nakakabawas ba ng credit score ung paulit ulit ako nag apply pero decline tapos weeks palang re apply namn ako ang ending decline lagi naka 5 times atah ako ok lang ba un. Pls reply thanks
Hi! This can help you :) th-cam.com/video/vVmHERudwbM/w-d-xo.html
Pwede ko bng masettle yung BP22 na filed case ng bank? Nagkaroon kas ako ng HIT sa NBI
siguro? contact the bank po for further details
Sir have you tried negotiating card debts after a year or two? Kasi for now i cant pay it and ayaw pa negotiate nung collectors.
sorry I haven't tried it
@@osheanlee what did u avail po? Installment?
@@CASN291 yes po installment. binayaran ko monthly for 1 year.
Makakaapekto ba ang long term loan sa computation ng 30% utilization
Yup
Possble po ba sila mag sampa ng kaso once di sila mabayaran? Ung mga companies or agencies undet cic?
Best to consult a lawyer, but afaik of course they can charge you with a legal case.
Hi. Anong possible mangyari pag ginamit ko ang creditcard ng namatay kong kamag anak for online purchase?
Not sure. Pero most likely pwede maging fraudulent case yan and can be subjected to court. Best to consult a lawyer regarding this since that sounds illegal!
My last payment was last Nov 2019 since nagka pandemic dq na update ung hulog q my limit is 10K☺️ only pero Ang debt q daw now ay 57K na, sabe Ng CA bayaran q daw until June 30 Ng 3K at wag lalagpas Ng 11am para maipasok sa promo nila, magiging 27k na Lang daw payable in 6mos sabe q sa collector dq kaya mag produce Ng 3k until June 30 @ 11 am and d q kaya mag bayad ng 27k within 6 mos, gawan q daw Ng paraan, sabe q anu gagawin q magnanakaw aq sabe bahala ka mam nasa sayo Yan Basta isettle mo, I am willing to pay nman pero dq Kasi kaya ung 27k, pwede pa Po bang bumaba pa to? Thanks in advance
Hi Lhen! You can try watching this video. Baka sakali makatulong :) th-cam.com/video/1ifvvo4x1X4/w-d-xo.html
Sir question po pano po ba yung credit card na never naman po nagamit as in nasa bahay lang po pero. Pero kahit po hindi nagamit eh nag ka bill po kami na 7k po pede po ba i pa cancel yun? Thankyou po!
Hi! 1.) pwede, 2.) pa-dispute agad. contact BSP also regarding this kasi mali naman yung ginagawa ng banks
I have 100K Credit Limit and dikuna sya nabayaran.. Now the collection agency gave me discount and asking me to pay for almost 25% of it to get a Certificate of Full Payment. Ask ko lang po if mawawala ba un sa record ko sa CIC if I’ll present the Cert of Full Payment?
Hello! Hindi po. Once na nagka-delinquency ka na sa bayad, hindi na po yun mawawala sa records po ninyo. What you can do is to improve your future paying habits para ma-record din siya sa CIC. :)
Your negative record in the CIC database will only stay for a maximum of 3 years after it has been corrected with full settlement. This is stated in Section 4, Item H of Republic Act 9510.
Hello po, ung certificate of full payment po ba si bank ang magbibigay or si collections agency na po?
@@jovyannecarillo710 Hi! Yung sa case ko po si Collections Agency pero may logo ng bank. Hope this helps!
@@osheanlee hello sir Osh, I appreciate your quick reply po. I see. sige po kasi po mejo skeptic ako dun sa 3rd party.. okay lang po kaya if sa bank ako derecho magbayad? Makakuha pa din po kaya ako ng certificate of full payment?
meron ako na 3 credit cards, closed. pero, na full paid ko naman and my clearance.. now, planning to avail car loan auto reject na kaya ako?
Hello! Unfortunately I can't answer it kasi banks lang po ang magdedecide for that. Best to check your credit report to have better assessment :)
Hi po..anu po kaya pwede gawin s salary loan na ndi nabayaran kz nagresign ka
Hi! Call your lending institution asap. Negotiate ka ng payment terms po.
sir pwede bang mag file ng bankruptcy sa credit card pag di na makabayad? nakarating na daw sa atty. ung case namin. 62k total bdo. please give us an advice. how can we also pay when i have been off from work from 1 year and 4 months now??????
Hi! Maybe this video can help: th-cam.com/video/1ifvvo4x1X4/w-d-xo.html
Filing for bankruptcy in the Philippines is only available for principal debts of P500k and above under Chapter 6 Section 103 of Republic Act 10142. You can ask a free lawyer from the Public Attorney's Office to file it in your behalf.
If your debt in one credit card is less than P500k, you can combine all your other debts together and see if the grand total is more than P500k and you will be qualified.
Sir pano po sa case ko wala naman po talaga ako napurchase sa credit card ko (bankard) binayaran ko po napurchase ko 300 lang..ung annual fee nasa 2k plus pinapawaive ko ayaw nila ( year 2020) pandemic po tayo nawalan ako ng work..ngayon po third party collecting agency na po tumatawag at email sa akin..nananakot sila na may sheriff ganun, pupunta sa bahay kukunin gamit, salary, pera sa banko, etc..ngayong 2023 umaabot na daw 7,900 utang ko..nagdadalawang isip po ako magbayad at hindi ko naman talaga ginamit yun..dati ko naman po nawe waive annual fee ko sa kanila ngayon lang di pumayag.
call the bank again siguro or the collecting agency. negotiate.
Hello po sana mapansin nyo po ako, tanong ko lang po sana kung pwedeng mag hingi ng discount sa bank dahil last year po nasa 18k lang ang na swipe ko ngayon po nagpadala po sila ng sulat na 48k po ang babayaran, nag pandemic po kase kaya diko nabayaran masyado po kase malake ang 48k hindi kopo kaya,
Hi Ferlie, yes you can try to negotiate sa bank. Either 1.) Bibigyan ka nila ng one-time payment option tapos mas mababa, or 2.) installment pero baka mas mahal yun.
Hi, makaka apekto din po ba yung mga unpaid mobile app loans like robocash, happypera etc.? Thanks po sa answer sir
Hi! Yes po :)
@@osheanlee meron po ba program ang any bank kung san pwedeng sila mag settle nung unpaid dept then kay bank na magkakaron ng bagong utang para malinis yung name? Thank you somuch po sa sagot sir
@@cheaplean2096 Yes meron. Security Bank has this. yung Balance Transfer. Hindi ko lang alam yung ibang banks, but hopefully meron. You can learn more about them here! th-cam.com/video/1ifvvo4x1X4/w-d-xo.html
@@osheanlee thankyou so much po sir ❤️
I have a question po. What if almost 10yrs ko na di nabayaran card ko sa hsbc tas pinasa na sa collecting agency, i think madami cla nag ffollowup sa akin nun. But then nawalan na po ako ng contact and i decided to pay it now. Sino or saan po ako pupunta to know my balance?
If more than 10 years best to check your credit report first. Baka kasi dinefault na yan.
@@osheanlee sir, pag more than 10 yrs na at hindi na lumalabas sa Transunion report, 1. Does it mean defaulted na yung account at listed na sa negative list ng banks? 2. If I pay it, sa bank ko ba siya babayaran or sa. collection agency na?
Hello sir, tanung ko lang po. sa abroad po ako kumuha ng cc. Makakatulong po ba to sa credit score ko sa pinas?
Hindi po :)
Hi sir , sir meron debt ang auntie ko sa cc niya na 62k na inutang ko pambayad ng hospital bills, unfortunately di ko sya kayang bayaran ng buo sa duedate , any possible solution po ba regarding this matter
Hi! Unfortunately you still have to pay it pero baka pwede mo i-negotiate sa bank kung pwede mo siyang bayaran na staggered payment instead na isang bagsakan. Though i-expect mo na most likely may interest na yun. Hope this helps!
Hello po Sir, good pm po. Ask ko lang po meron po ksi akong loan na 15k po sa BPI pero nkkbayad naman po ako hanggat sa 5500 nlng po kulang e. Nagkapandemic po.. at nwalan ng work kaya hnd na po ako nakapaghulog. Nagulat ako nagpadala ng sulat from SP Madrid. Naging 10k na po siya. Ask ko lang po, ano po ba mangyayari kung di ko na po bbyaran ung kulang ko na nilalakihan nla ng sobra sobra?
Hi Kaye! Lalong lalaki yung interest nun unfortunately. Can you negotiate with SP Madrid your case? tell them na wala kang source of income right now. Unfortunately that will stay in your credit records and it will be hard for you to get other credit bank products when you still have those in your records. Hope this helps!
Hi sir, new subs here. Ask Lang Po ano Po b diff, Ng credit card sa debit card? Pareho lang Po ba sila pwede gamitin Kung mag loloan ka Ng something else?
Hi! Thank you for subscribing. Ang debit card is parang prepaid card din pero connected yun sa bank account mo. Yun yung mga ATM cards na binibigay ng banks kapag nagbubukas ka ng savings account sa kanila. on the other hand, ang credit card naman is binibigyan ka ng credit line ng banko, meaning, pinapautang ka ng bank using that card.
What if i want to surrender our home loan property sa bank since we cant afford the monthly payment? May babayaran pa ba kami?
Hi! Oh I'm not sure. Best to check your contract with the bank. Baka may mga fees pa yan. Pero kung isusurrender ninyo yung property, I assume dapat wala.
Thank you po
may balance po ako sa globe worth 300pesos nga lang lol sabi sa text po i sesend daw so eme eme lang un.?
Hi Rhay Mark. Hindi ko na-gets yung tanong mo. Haha. Can you give more context? :)
Hi, Question po since I have a credit card and hindi ko naman sya masyado ginagamit. Possible po ba babaan nila credit limit ko?
I haven't heard of any case na binababaan nila automatically unless you request for it. :)
Thank you so much po!
@@osheanlee another question po, ginagamit ko kasi sa business yung credit card ko. What I always do po everytime ginagamit ko ung card ko ay binabaydan ko na din po agad kinabukasan (aware ako sa multilple payment fee). The reason why is natatakot ako baka magastos ko ung pera 😅 Okay lang po ba yun? Swipe now then bayad agad kinabukasan? Minsan nga po same day 😅
@@rurucinque8505 Hi! Oo naman! I also do that too. Buti na lang yung credit cards ko (which are Security Bank and UnionBank), hindi sila nag-ccharge ng multiple payment fees.
But yeah that seems okay naman. Also I think hindi nakaka-affect yun ng credit history. Hope this helps! :)
Hi po good pm. I hope makakarespond po kayo. My cc is delinquent for 3years now and the agency na niningil
sa akin is harassing me pati sa mom ko nagtetext. Nag ask ako to lower the amnesty pero ayaw ngaun they will file a case against me daw and they texted nagpa as if na police. Can you enlightened me with this. Thank you
Nanghaharass napo yan.. yung akin nga isa nakikipag communicate ako msmo sa bank for restructure eh prang pinagloloko nla ako.. sinabihan ako na irestructure tapos bayad ng 10% so i did and nalamn laman ko nlng aftr ilang call sa kanila. Walang request for restructure..
Si SSS po ba nagsasubmit din ng credit report?
I saw from a comment somewhere na oo raw, but I don't see any official announcements yet
sir my narereceived aq n email galing s collection agency about my CC, ung CC ko eh since 2016 p, at nanakaw ang wallet ko kasama CC ko, n my utang ako n below 10k lng nung time n un, and since nag abroad n ko nd ko n naasikaso nun, tpos ngayon my narerecived aq email about my CC, nklagay ung utang ko na lumubo n ng husto, totoo ba ung email nila n byran mn lng ng ganitong amount pr masettle n ung utang s CC, nkkpagtaka lng kc prang scam, ang lake ng utang n nklgaybsken dhl s interest cguro, pero ung amount n need byaran eh sobrang liit, pero ang utang ko lng tlg is below 10k lng tlg, lumobo lng ng lumubo gawa s interest gusto ko sn byaran, pr masettle n, kaso duda lng aq bk scam lng!
Hi! Pls. best to verify with your bank kung legitimate yung collecting agency.
I just watched this video and so.informative, ask ko lang po, If I changed all my info from them ,like the address, phonw number and email. Will still can trace me? na badtrip lang kaso ako sa knila kasi instead esettle ko for best possible option, is gusto nila may charges pa din ako... I still have other cards from other bank na pwede ko eretain. Please answer po
Hi Jay-ar! It is required by law that when you change numbers, you are required to inform banks of your new contact details. Failure to do so will have legal implications. It is best to consult a lawyer on this. Hope this helps!
Thanks po but question lamg nman po, technically they cant trace me anymore right? however it will give negative impact to my credit score on the future.. One thing also, Can they close on other banks credit card? if there is unpaid credit card balance from other bank?,
Technically yes. Pero yeah if you have unpaid bills, best to pay them asap. Sobrang hirap pag malaki yung interest :(
You can refer to your terms and conditions when you received your card, but technically banks reserve the right to cancel your cards if they notice na it’s being used for fraudulent use. And not disclosing your new contact details is a sign of possible fraud. So please avoid it as much as possible. Best of luck!
@@osheanlee Thanks for the info kuya, The best ka talaga..Last question po, incase that I fail to pay the billing cycle, will they exhaust the credit limit just to charge the interests, and other charges or will they cut the service para hindi magamit, and mangungulit na sila from there?..if they noticed that I am not paying anymore na?
Hi po, I hope matulungan nyo po ako kung anong dapat kong gawin. Hindi ko na po mabayaran CC ko 75k lang credit limit ko pero umabot ng 117k na po ang bill ko dahil sa interest. Nasa collenction agency na po then legal actions may lawyer na nag txt sakin na 89k nalang daw babayaran ko pero still malaki.
You can negotiate to have a monthly payment perhaps
Hello po andto ako sa uae 🇦🇪 ngayun, my mga naiwan ako Cc sa pinas na dko na nabayaran before , may affects ba un sa airports kpag umuwi sa pinas??? Pls thanks sa sasagot…
Not sure po. Best to consult a lawyer.
Hello sir ask kolang po meron napo dumating saken na demand letter from bank due to my unpaid cc, may chance poba na ma hold ako sa immigration, simula ng mag pandemic po kase hindi nako naka bayad pero maliit lang naman po na halaga lumaki lang dahil sa mga interest po, pwede poba ako mag direct sa bank para mag settle na babayaran kona since mag kaka work napo ako. Thanks po in advance.
if you have an active case already sa court, maybe? not sure. you can assume the worst na lang.
Hi Sir. I was scammed last March amounting to 20k and the bank didn't accept my dispute. Ang ginawa ko since hindi ko naman talaga ginamit ung 20k na scammed amount, hindi ko na binayaran yung obligation ko. Ngayon po is 120k na lahat. Ayaw nilang pumayag for a payment arrangement so ipapasa na daw nila sa Collecting Agent. Di ko po talaga kayang magbayad ng ganun kalaki. What's rhe best course of action? Thanks.
Hi! Is that a credit card? You can try checking this video out: th-cam.com/video/1ifvvo4x1X4/w-d-xo.html
Bakit daw hindi naaccept yung dispute? Did you file late ba? If they will pass it to a collecting agent, you can arrange it sa collecting agent na lang. Best case scenario is to seek advise from a lawyer on this. Hope this helps!
Pa notice sir pls pano po ung matagal na akoa may credit card for 10years hindi kuna nabayaran and I'm planning to apply ang credit card pdi po ba ako mag apply ng cc at may chance ba ma approve pls reply po.. Thanks
Hello! Before applying, I recommend to get your credit report muna. I made a video on how to get one: th-cam.com/video/fSfD2AeqgGY/w-d-xo.html
If okay yung credit report mo and you have a source of income (better if stable), then higher chance of getting approved. Baka kasi yung 10 years na hindi mo na nabayaran nasa credit report mo siya. pag nagreflect dun and then mababa din yung credit score mo, medyo alanganin.
Hope this helps! :)
Helpful video I'm your newly subscriber
Un sayo na sir nag apply ka kahit hindi mo. Pa na settle ung cc mo na delinquent
@@osheanlee pero possible po may chance pa na ma approve kasi 1st time ko po un na cc at maliit lang nmn ung limit so far as of now ma taas napo income ko at position I consider kaya nila un
@@phye888 hi! thank you for subscribing :D ah hindi. nabayaran ko na siya before ako nag-apply ulit. After 2 years po ako nag-apply. You can learn more about it on this video: th-cam.com/video/3gVOBEoNSw4/w-d-xo.html
thank you po for subscribing! :D
Sir ask KO Lang ano po Kaya ang pwede gawin if Yung bank collector ipinagkalat sa mag kapitbahay Ng nag loan ang loan nya sa bank na delayed Ng almost 2 months dahil sa nalugi Kaya Di nakahulog, at sinabihan na kasuhan at papabarangay or papa pulis
Hi Rodny. This is not allowed by law. Pls. consult a lawyer asap regarding this.
@@osheanlee lagi pa po ang calls Ng bank manager at isa pang empleyado nila na na papapulis ako at magkita n alang barangay pati po sa text. Ngayon po Kalat na Kalat na sa purok na delayed ang bayad sa loan at magkikita sa barangay. Pinadalhan pa po Ng letter papakasuhan sa lawyer nila at pinapirma.
@@osheanlee salamat po sa advice, sobrang salamat po
Question: may dumating na credit card sakin. Pina cancel ko kaagad hindi ko ginamit. Maka effect kaya sa credit score?
Do you have other credit accounts? I.e. other credit cards, loans, etc.
@@osheanlee yes, I have existing CC kaya pina cancel ko na yung new CC cause I dont need another card.
@@renren8547 ah if that's the case, I think hindi naman siya makaka-apekto ng sobra :)
@@osheanlee thank u!