golden boy

Metro Taxicabs Will Issue Receipts Soon

By Online Staff

Posted : 8/29/2007

 

Taxicabs in the metro will be required to issue an official receipt when the Land Transportation Franchise Regulatory Board and the Bureau of Internal Revenue finally come up with the taxi meter receipt guidelines anytime soon.

 

When the issuance of receipts are carried out, the LTFRB and BIR will also require taxi operators to submit their income tax return.

 

The idea for a taxi meter receipt came about after commuters' endless complaints about taxicabs with fast or tampered meters.

 

LTFRB Chair Thompson Lantion gives out a warning to all taxi drivers who will not issue an official receipt will be fined P1,500 for the first offense, a 30 day suspension of the CPC or certificates of public conveyance for the second offense and a revocation of the CPC for the third offense.

hahaha, the days of the hodlum taxi's are over, i just hope that LTO will be able to implement this soon.

ok. thank you for the advice. the truth is I'm in too deep already. All my cards were cancelled already. I've tried asking for a loan from different institutions(ie. lending companies). They turned me down whenever I tell them I'm going to pay up my balances. Anyway, thanks for this information. Its really not good if you have a bad credit history.

 

any lending company that you know that would help me with my situation?

to be honest, it will be very difficult to apply for any credit card company or lending institution like personal loans, car loans, housing loan, etc. once your name has been included in the credit bureau's namelist with positive findings with either of the ff reasons: 1) unpaid past due credit card account, 2) court case and 3) bouncing check case. in your case, the best way is to pay your debts and fully settle them so that your name can be taken off this list.

i think the best option for you is to apply for an SSS loan, company loan or salary loan (since its an automatic salary deduction) since compared to credit card and other loan facilities these options doesn't rely much on the credit bureau's positive findings list. avail of these loans to pay some of your credit card debts, ofcourse the only limitation of these facilities is that at most, the amount you can loan is 2x your salary but atleast you are able to pay your debts little by little. as a last resort or desperate move, if you have a property like house or a car, you might want to explore a secured loan for which any of these will be used as collateral - however, i don't advise people in doing this just to pay for their credit card balances.

sorry for the double post, medyo na double click ko reply ko and getting my eyes closed na..... :hypocritesmiley:

those interested may also read, robert kiyosaki's "rich dad, poor dad" to give you some kick in getting out of your debts. i guess the sad reality is we can't really avoid getting into debt but we should be responsible in making sure that we fully pay them at the soonest possible time.

from my knowledge, we don't have a company that consolidates loans like the ones from US. but want you can do is do a balance transfer to a credit card company and avail of an installment scheme. if your credit card loans are small amounts ,what you can probably do is do a balance transfer of all your outstanding balances from your other cards into one credit card company then pay them in installment. but, this will depend on your credit limit. the total oustanding balances from your various credit cards should not be more than atleast 80% of your credit card limit to which you will consolidate all your debts. another option is to avail of a personal loan or salary loan or an instant cash facility from your credit card from which the proceeds will be used to pay all your outstanding loan balances - this way you have consolidated all your debts and will just pay one provider. hoped this help.

 

for those who are getting out of some credit card problem/s, i suggest you read the book by david bach entitled " start late, finish rich". if you can buy a copy the better. if not just browse thru it either in national bookstore, powerbooks or fully booked. if you can't find the book you may also try" the automatic millionaire" by the same author. there is a section there dedicated in solving your credit card problems. very practical suggestions. will try to post a summary some other time (sorry quiet sleepy na). :sleepysmiley03:

any loan company that can pay up all your debts and you can pay them in differed payment in lets say umm....3 years?

can anyone answer my question with regards to credit consolidation?

from my knowledge, we don't have a company that consolidates loans like the ones from US. but want you can do is do a balance transfer to a credit card company and avail of an installment scheme. if your credit card loans are small amounts ,what you can probably do is do a balance transfer of all your outstanding balances from your other cards into one credit card company then pay them in installment. but, this will depend on your credit limit. the total oustanding balances from your various credit cards should not be more than atleast 80% of your credit card limit to which you will consolidate all your debts. another option is to avail of a personal loan or salary loan or an instant cash facility from your credit card from which the proceeds will be used to pay all your outstanding loan balances - this way you have consolidated all your debts and will just pay one provider. hoped this help.

for those who are getting out of some credit card problem/s, i suggest you read the book by david bach entitled " start late, finish rich". if you can buy a copy the better. if not just browse thru it either in national bookstore, powerbooks or fully booked. if you can't find the book you may also try" the automatic millionaire" by the same author. there is a section there dedicated in solving your credit card problems. very practical suggestions. will try to post a summary some other time (sorry quiet sleepy na). :sleepysmiley03: