Credit Card Talk

[rys]

am working at a cc, for a credit card account:

 

 

advice:

if you want to buy something-- save and buy...

 

 

[chipmaker]

or just make sure you pay your credit card bills on time AND in full.

 

no sense spending beyond your means.

[Porn Star]

am working at a cc, for a credit card account:

 

 

advice:

if you want to buy something-- save and buy...

 

 

 

 

nice :thumbsupsmiley:

[thegiftedwitch]

I still haven't fully payed my credit card bill... I lacked discipline kasi... oh, well..

good luck to the new and potential credit card owners

hope you won't get into trouble like me... :upside:

[Guest lustfortravel]

- there is a list for bad accounts. banks do share records (CMAP, CCAP, CIBI, etc) of delinquent people. sad thing is that it is almost impossible to have it erased. Some people who tried had to go to each individual credit bureau to have their names erased via affidavits and such. But I don't know if they succeeded. That part I had no experience with.

 

sadly, no. i had a friend who tried to get his name off the negative data bank since he already fully paid for the card balance. unfortunately, they say that his past history will still form part of the information to be given to potential new creditors to help them in their evaluation of his ability to handle debts.

 

I still haven't fully payed my credit card bill... I lacked discipline kasi... oh, well..

good luck to the new and potential credit card owners

hope you won't get into trouble like me... :upside:

 

you probably maxed your card to its limit when your credit limit is greater than your income. it's simply a case of living beyond your means.

 

but it is also good you know that it is your lack of discipline that led you to your present troubles. try to settle your outstanding debts first and until you do so, STOP using its available balance.

 

if you need anything, pay in cash

[k000las]

advise: use credit card for emergency purposes only... Kring is right! If you wanna buy something just save first and go ahead!

[tarosa69]

advise: use credit card for emergency purposes only... Kring is right! If you wanna buy something just save first and go ahead!

 

nice, good advice

[gr8tone]

we're into collections for delinquent accounts. from a 20K credit limit, a card holder can get as much as 50K penalties added to the premium / balance. talked about BS, but there is a secret into this. BANKARD / METROBANK cards are being catered by our agents..

[joveyb]

I always paid up fully whatever is listed in my credit card statement. I don't have any balance brought forward to the next month. That is a good discipline.

[joveyb]

sadly, no. i had a friend who tried to get his name off the negative data bank since he already fully paid for the card balance. unfortunately, they say that his past history will still form part of the information to be given to potential new creditors to help them in their evaluation of his ability to handle debts.

 

 

 

you probably maxed your card to its limit when your credit limit is greater than your income. it's simply a case of living beyond your means.

 

but it is also good you know that it is your lack of discipline that led you to your present troubles. try to settle your outstanding debts first and until you do so, STOP using its available balance.

 

if you need anything, pay in cash

 

Actually if you want to clear your name off the negative data bank, there is a way. Go to citibank, or any other bank. Deposit a few hundred thousands with the bank and after a few month ask them for a credit card. I believe the bank manager will vouch for you.

[boytopak]

Actually if you want to clear your name off the negative data bank, there is a way. Go to citibank, or any other bank. Deposit a few hundred thousands with the bank and after a few month ask them for a credit card. I believe the bank manager will vouch for you.

 

 

that's for getting a credit card NOT taking your name off that damned list, it just means that the issuer decided to ignore the list based on the reco of the bank officer.

[firewind]

Question: makukulong ka ba if hindi mo nabayaran utang mo sa credit card????

[Guest mirang]

hsbc is offering a free roundtrip domestic ticket via PAL for hsbc mabuhay miles visa card qualified applicants and also free mango bracelet watches for hsbc mastercard qualified applicants

Edited December 23, 2007 by mirang

[revi]

Question: makukulong ka ba if hindi mo nabayaran utang mo sa credit card????

 

hahaha.. What a question!!!! Hence, the adage: Walang nakukulong sa utang.. I am not a lawyer (and anyone can correct me on this) but IMO, I believe that sum of money cases often than not end up in amicable settlements.. Especially if the amount involved are very measly.. Say, P100-500K debts, wherein the amount only ballooned due to interests and penalties..

 

But let us say, the person did not have an amicable settlement.. Estafa (kung saan pwede kang makulong) only happens in bouncing checks (BP 22), and usually, credit card cases do not have bouncing checks as proof.. Therefore, kapag hindi mo binayaran ang utang mo sa CC, the worst case that could happen to you is you will be listed in CMAP, etc and be blacklisted from credit companies..

 

Ngayon, kung makapal ang mukha ng umuutang.. Di takbuhan mo na ang mga liabilities mo sa credit card mo.. hahahaha....

 

Credit companies usually would harass you in hopes to make you pay.. By threatening in the form of letters and calls.. The most common of all is attorney letters (collection letters).. But usually, these companies won't go to the extent of filing a case against you.. Why? Magastos! For just a measly P100K, filing cases such as these will take time and more money than the 100K debt.. So lugi sila.. So, sinabi ko nga.. Kung makapal ang mukha mo, then by all means run away from your debts..

 

Hence, the accounting entry... WRITE OFF..

[EvilAgent]

hahaha.. What a question!!!! Hence, the adage: Walang nakukulong sa utang.. I am not a lawyer (and anyone can correct me on this) but IMO, I believe that sum of money cases often than not end up in amicable settlements.. Especially if the amount involved are very measly.. Say, P100-500K debts, wherein the amount only ballooned due to interests and penalties..

 

But let us say, the person did not have an amicable settlement.. Estafa (kung saan pwede kang makulong) only happens in bouncing checks (BP 22), and usually, credit card cases do not have bouncing checks as proof.. Therefore, kapag hindi mo binayaran ang utang mo sa CC, the worst case that could happen to you is you will be listed in CMAP, etc and be blacklisted from credit companies..

 

Ngayon, kung makapal ang mukha ng umuutang.. Di takbuhan mo na ang mga liabilities mo sa credit card mo.. hahahaha....

 

Credit companies usually would harass you in hopes to make you pay.. By threatening in the form of letters and calls.. The most common of all is attorney letters (collection letters).. But usually, these companies won't go to the extent of filing a case against you.. Why? Magastos! For just a measly P100K, filing cases such as these will take time and more money than the 100K debt.. So lugi sila.. So, sinabi ko nga.. Kung makapal ang mukha mo, then by all means run away from your debts..

 

Hence, the accounting entry... WRITE OFF..

 

 

well explained! i know lot of cases of the "makapal ang mukha" still living freely