*Credit Card 101

• musicgeek on 26 Nov 20 @ 05:14 PM #

  Well, it may or may not happen dahil extreme situation na yan garnishment kapag nademanda ka. Higit dyan eh reputasyon at pagkatao mo nakataya sa hindi pagbabayad. Basta bottomline nyan alam mo dapat ang pinasok mo bago pa napakinabangan ang credit card... ang utang ay dapat bayaran at hindi tinatakbuhan.

• ericme on 26 Nov 20 @ 05:23 PM #

  Since ung law office na ung nakakausap ko. Pwede pa kayang pumayag yung bangko na magkaroon ng parang restructuring program?

• musicgeek on 26 Nov 20 @ 05:31 PM #

  ^
  

  Tinawagan ko na yung collection officer. For sheriff na daw.

  
  
  I think its now between you and the collection agency to settle since the bank already endorsed your delinquent account to them. May mga arrangements naman yan CA na ooffer to make it achievable for you to pay. Pwede naman hulug hulugan yan. Better talk to the CA about it.

• gowueld on 26 Nov 20 @ 09:26 PM #

  Pwede po magtanong? About sa non payment ng credit cards. Ano pong possible consequences. Mga 20k ung obligation.

  
  
  

  Tinawagan ko na yung collection officer. For sheriff na daw. Nakakaso na raw. Kukuha na raw ng properties sa bahay. Ganun po ba talaga?

  
  
  Legal action, sa ganito ka tatakutin. Mag papadala sayo several notices.
  
  Sa mga nakita ko sa experience ng kakilala ko, never naman humantong na nanguha ng gamit or valuables sa bahay - to this date, i know some people na hindi parin nagbabayad ng utang sa credit card (at elementary days ko pa nung nag simula yun ganun nila, so 15yrs+ na lumipas).
  
  But always best na mag bayad nalang, hindi naman rin ganun kalaki ang 20k, manageable pa yan amount na yan. Talk to the bank if meron silang payment terms for that case.
  
  -- edited by gowueld on Nov 26 2020, 09:26 PM

• ninjababez on 27 Nov 20 @ 07:18 AM #

  mga bros
  nag call for cash ako sa citibank 29k lang naman
  i understand may processing fee, pero bakit kaya meron 273.39 (online call for cash?)
  on top of my monthly ba, dagdag yun 273.39?
  tinesting ko lang naman ito TBH para tumaas yun credit score ko sa citibank. rarely used pala ito kaya 79k lang max nya call for cash, paabutin ko sana kahit 300k since mababa rate nya vs bpi and metrobank. thanks
  
  
  
  
  Sent from my Redmi Note 9 Pro using Tapatalk
  
  -- edited by ninjababez on Nov 27 2020, 07:21 AM
• Post deleted #12345965

• andoksus on 27 Nov 20 @ 08:16 AM #

  wala ako idea call for cash pero ang mahal ata

• cyberesc on 27 Nov 20 @ 09:03 AM #

  ingat kayo
  may tumawag sakin bpi daw
  pasimple pa
  waive na daw annual fee ko, and dagdag almost 50k sa limit. verify lang daw yun card number
  

  
  Na scam kakilala ko dito, bpi cc din.
  Reported na sa hotline and pina block na card niya. File a dispute report daw.
  Naibigay sa fraudster ang OTP, ano ang chance na maging favorable outcome ang dispute? May chance ba manalo againt the bank?
  Ingat mga ka TPC.
  
  -- edited by cyberesc on Nov 27 2020, 09:04 AM

• andoksus on 27 Nov 20 @ 09:24 AM #

  may natangap ba kayo email ng mga phishing scams?
  taka ako pano nila nalalaman ang email natin

• aRTie on 27 Nov 20 @ 09:30 AM #

  @ninja
  
  initial interest ata yung na charge sa iyo na 273.39
  
  hindi kasi agad nila sinisingil yung first installment sa next cut-off, yun yung interest charges mo from getting the money to billing cut-off
  
  sa una lang yan, next payments would be yung amort mo na sa loan

• musicgeek on 27 Nov 20 @ 09:52 AM #

  @cyberesc,
  
  I've sent you PM regarding your friend's concern.
  
  -- edited by musicgeek on Nov 27 2020, 10:16 AM

• splukutum on 27 Nov 20 @ 10:00 AM #

  Tinawagan ko na yung collection officer. For sheriff na daw. Nakakaso na raw. Kukuha na raw ng properties sa bahay. Ganun po ba talaga?

  
  
  tinatakot ka lang nyan. bago makapunta ang sheriff sa bahay dapat decided na ang kaso or for execution na. take note, naka-file pa lang if ever. filing is not equivalent sa winning the case.
  
  di porke may naka-file na case, automatic na pwede na sila mga-garnish / attach ng property mo. kelangan manalo muna sila or magdecide ang court in their favor.
  
  also, may summons or written notice ka muna na matanggap galing sa korte. if wala ka natanggap na notice, binobola ka lang nyan. bluff.
  
  dun sa kukuha na gamit sa bahay. bluff din yan. ano na yan kukunin nila ref / tv / cabinet nyo? i don't think so. lugi sila dun.
  
  ang pwede nila gawin if ever manalo sila would be to attach/garnish your bank account, alahas, kotse or owned lupa/bahay if meron. in short yan lang items na may value na pwede sila bayaran.

• ninjababez on 27 Nov 20 @ 10:08 AM #

  @aRTie
  
  galing mo bro! hehehe
  nakausap ko na citi and 1 time lang daw ito
  sobrang dami hidden charges, sabi nun kausap ko initially 900 lang daw ito
  
  thanks!

• supermanster on 27 Nov 20 @ 10:30 AM #

  Nagtry naman ako today I-avail yung BPI credit to cash. 250K inavail namin ni misis payable in 24 months. Last day na kasi Nov.30.
  
  6-8 banking days daw bago ma credit yun amount. Plus di sya ma babawas sa regular credit limit ko, dun daw sya sa SIP limit mababawas.
  
  Processing fee na 100 pesos.

• Peorth on 27 Nov 20 @ 10:38 AM #

  Naibigay sa fraudster ang OTP, ano ang chance na maging favorable outcome ang dispute? May chance ba manalo againt the bank?

  
  
  Walang panalo yan kasi ang negligence ay wala sa bank at nasa end user. Madaming advisory ang BPI na nagsasabi na in any genuine transaction with them hindi sila hihingi ng OTP, so hindi pwede sabihin naging negligent sila in advising their clients. Charge to experience na lang, at dapat maging lesson to to be very vigilant and wary sa mga tumatawag at nagpapakilala na kung sino man sila, regardless of bank or whatever institution ang rinerepresent nila.
  
  

  di porke may naka-file na case, automatic na pwede na sila mga-garnish / attach ng property mo. kelangan manalo muna sila or magdecide ang court in their favor.

  
  
  100% correct. Dapat i-file ang case sa court at dapat manalo sa court before pwede mag-garnish (fancy way of saying "kukukha ng gamit ng may utang") ng assets ng debtor.
  
  -- edited by Peorth on Nov 27 2020, 10:40 AM

• tekrum on 27 Nov 20 @ 11:49 AM #

  Panu ba compute ang total interest for example loan mo is 20000 then me addon rate na .59% at tenure na 12 months

• aRTie on 27 Nov 20 @ 01:44 PM #

  ^
  
  20000 x (1 + (0.0059 x 12)) = 21,416
  
  1,416 = total interest in 1 year
  but consider also yung initial charges and processing fee

• lxi97 on 27 Nov 20 @ 01:47 PM #

  Add mo na din annual fee kung hindi na waive dahil may outstanding loan.

• gowueld on 27 Nov 20 @ 02:08 PM #

  @ninjababez
  
  

  i understand may processing fee, pero bakit kaya meron 273.39 (online call for cash?)

  
  

  sobrang dami hidden charges, sabi nun kausap ko initially 900 lang daw ito

  
  
  Hindi siya hidden charges per se, pero siguro hindi lang sayo inexplain ng maayos nung kausap mo na agent.
  
  Usually, you can avail "online call for cash" via app ng Citibank, tapos pag dun mo inavail, meron breakdown/schedule of payment na ipapakita at nakalagay dun yung "initial interest and monthly due" before mo i-process yun uutangin mo.
  
  Pwede mo ito makita sa app mo ngayon:
  1. Login sa Citibank App
  2. Tap the Gear Icon beside your name
  3. Click Paylite/Installment Inquiry
  4. Mag didisplay lahat ng installment, paylite, call for cash transactions mo
  5. Select mo lang yun transaction na ginawa, tapos lalabas ito
  
  This is an actual transaction sa account ko
  
  
  
  By the way, share ko na rin, pag may Citibank ATM ka (in my case yun payroll namin) minsan may promo sila na kunyari nag withdraw ka ng certain amount, pwede mo siya instantly convert into paylite installment sa Citi Credit Card mo tapos ma-crecredit back sa ATM mo yun ni withdraw mo. Example ng computation ayan picture na nasa taas, sinubukan ko lang, napakaliit naman kasi ng interest.
  
  -- edited by gowueld on Nov 27 2020, 02:09 PM

• mykel07 on 27 Nov 20 @ 03:17 PM #

  may bill ako sa metrobank credit card na amounting 1,300 binayaran ko sya using gcash. tpos di ko ginamit metrobank ko nun kasi expired na wala na din pinadala bago replacement renewal card. so expect ko wala naman ako bill. nagtaka ako meron ako natangap na billing uli na 700pesos. tumawag ako sa metrobank kahit sobra hirap nila makontak. sabi ko expired na card ko so pano pa ako nagkaroon ng billing? pina investigate ko. sabi ko binayaran ko pa yan last billing ko using gcash. then tinanong ako kailan ko binayaran. sabi ko saktong due date. then sinabi nila na 5 days daw processing ng gcash bago ma post? kaya daw ako na bill ng late payment. grabe ganun kahigpit metrobank. kaya ayaw ko na ng metrobank. mas ok pa rin sakin bpi ko.

• musicgeek on 27 Nov 20 @ 03:29 PM #

  ^pa cut mo na lang metrobank card mo kung hindi mo na ginagamit. The bank might also take it as a form of agitation on your part and hopefully reverse your unjust debt to appease you.

• lxi97 on 27 Nov 20 @ 04:24 PM #

  Yeah, same reason kung bakit pinaputol ko lahat ng metrobank cards ko, maski yung Mfree na free for life. Sobrang strict nila, maski 1 day late walang patawad sa pagrequest ng waiver ng penalty. Ibang iba sa BPI na napapakiusapan lalo kung 1 araw lang.
  
  Add ko pa, sobrang palpak ng system nila. Lumalabas pa din sa metrobank app yung 3 CC ko na matagal ng putol at hanggang ngayon nagpapadala pa sila ng statement sa akin dahil may -1 peso balance na natira. Bago nga ng pandemic enveloped statement pa pinapadala. Such a waste of paper and money and resources.

• ninjababez on 28 Nov 20 @ 06:43 AM #

  @gouweld
  ok na bro, na explain narin ni bro artie and nun tumawag ako citi kahapon
  medyo mali din agent di sinabi, i wouldve agreed naman since habol ko tumaas yun "trust rating" ko sa kanila.

• senbonzekura on 30 Nov 20 @ 12:10 PM #

  ask lang naka auto debit kasi sa BPI ko yung plan ko sa phone nagtataka kasi ako hanggang ngayon dipa din napopost usually between 24-26 of the month napopost na sa account ko yun eh wala naman akong binago 30th na kasi

• floriver on 30 Nov 20 @ 01:31 PM #

  ot
  real time po ba transfer funds from lbp to bpi using instapay o pesonet?

• musicgeek on 30 Nov 20 @ 04:40 PM #

  ^Instapay is realtime with lower transfer limit of 50k while Pesonet is batch processed by end of day with higher transfer limit.

• LuckyCharm15 on 30 Nov 20 @ 07:02 PM #

  Hi po! Do any of you have the BDO JCB Lucky Cat card? BDO just sent it to me without applying for it and I was surprised kasi ang balance sa account ko with them is not that high (less than 30k lng haha) but still pinadalhan pa rin ako right now wala akong any other credit card. Is it ok to use for bills payment and grocery lang? Sayang kasi yung rewards, if not ok lng din nman sakin not to activate it. Thank you :)
  
  -- edited by LuckyCharm15 on Nov 30 2020, 07:03 PM