Credit Standing

[rooster69ph]

to credit card experts here (i dont know who else to talk to) ---

 

is it possible for a credit card co. to charge me up to a 100K, for a credit card they supposedly issued me, but i never actually got and used?

 

im still waiting for them to call me back, since they promised to check their records muna -- who issued it, who received it, etc.. They will clarify things with me next week.

 

how did i know i had an "account"? i applied for a car loan and the alleged account came up.

 

hope someone can help.

 

 

thanks.

 

Did you verify if the details really matches yours? Sometimes, it can be a case of "SAME NAME" ie. both of you have the same first and family name but differs in middle name, address and most likely birthday.

 

I suppose it came out via the NFIS negative check list as a sum of money.

[sam fisher]

Let me first thank the GMs here for their advice and insights on this topic. I posted a reply to this thread regarding Credit Card problems, and with a bit of luck, perseverance and God's grace, I was able to settle my debt just a couple of months ago. Aside from browsing thru this site and other sites as well, I happen to have chanced upon a friend who worked for a bank a couple of years ago. I consulted him regarding my problem and he shared his knowledge regarding procedures of banks regarding cases such as mine.

 

According to him, for those who have some sort of "Credit Shield" on their card, in the event of non-payment or pre-defined reasons, it would usually pay up the balance remaining on the card. In short, its some sort of "insurance" on your card, that when you sign up for it (option when you apply for the card or will be offered at some point), which would mean you will pay a certain charge (a certain percent of your balance), it would alleviate scenarios where the card holder would be unable to pay.

 

I believe I had that on my card, and a few months back, the collection agency sent me its "final" letter to attempt to collect. My mere 20k or so debt a couple of years ago, now bloated to around 300+k!! the good thing was that according to that letter, I only had to pay somewhere around 30k to settle the full amount (like an amnesty program of sorts). To cut to the chase, I have paid the amount and followed up with the bank until they provided me a bank letter of full payment as a proof that I have settled my debt. Btw I was doing all these transactions thru a relative of mine back home since I am out of the country.

 

Now that I have settled my bill, and have a certificate of full payment from the bank, I assume my name is still on that Credit list thingy. My question now is, when would be the proper time to ask for my name to be written off the "Credit List" and would it be possible to do so? I would wish for my name to be off that list for a possible future house mortgage loan, as well as clear my name as well.

 

As a parting note, and a piece of advice as well based on my experience, if you can AVOID having a credit card, do so. Now, if you really need to have one, remember 3 things:

 

1. Charge only what you can afford to pay.

2. When you oay your monthly ammortization, DO NOT just pay the minimum due! Always try and pay a few hundred or thousand bucks extra, this is to ensure that the monthly interest is more than covered up for and to lower down the payments until you can settle the entire amount, if at all possible.

3. Please remember that a Credit Card IS STILL CREDIT. Simply put, its money that you DONT have yet, and that you will eventually pay interest for. So dont be over zealous with swiping that card anytime you feel like it whenever something fancies you.

 

I've been a member of this site for several years now, and an embodiment of what a lurker is. Nevertheless, I share things when I think it is really important and helpful. Thank you GMs and for all those who have Bad Credit or other issues like that, dont lose hope! Face and settle it!

[MartinDomingo]

sa dami ko ng niloann at nabayaraan .sana mmaagaanda na credit standing ko

saana pleasae lang

[zerofourzeroeight]

Credit card debt?

[Dealdealers]

What about online credit? Thanks

[Bigshotbob32]

On 9/28/2022 at 8:33 AM, Dealdealers said:

What about online credit? Thanks

What about Online Credit? Online loans ba? I have a friend tinakasan lahat ng loans niya haha. 

[MartinDomingo]

how to find out your credit ratings?

may alam ba kayo

curious ako

[bradbro]

havent checked mine but i have friends who checked from CIC, search nyo nlng, parang credit bureau ng pinas, then set ng appointment then marereceive after mga 1 week ata

[MartinDomingo]

sana maapprove loan ko sa bpi

 

please lang

sana maapprove

 

600k- 800k lang please

 

magpapakamatay ako kunng hindi

[christopherjones]

On 8/29/2023 at 11:32 AM, MartinDomingo said:

sana maapprove loan ko sa bpi

 

please lang

sana maapprove

 

600k- 800k lang please

 

magpapakamatay ako kunng hindi

gawin mo na plsss

[grindboxman2]

also curious saan makita credit standing

[freestyler er]

you have to gain credit scores through loan and gaano kabilis ka magbayad. it takes time pero once medyo mataas na mataas nadin makukuha mo na loan. if you are into business magagamit mo yan. ikot ikot lang hahah 

[MartinDomingo]

i got a text from bpi

sana maapprove pls lang

[fanboii3000]

Does Credit Card affect Credit standing/ Credit scores?

also do banks share credit score/standing with other banks?

[Ben Tennyson]

yes credit card affects credit standing

banks can check your good standing sa CIC