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Home Credit and Aeon Lending Institutions

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1 Home Credit and Aeon Lending Institutions on Sat Apr 02, 2016 3:30 am

Renino.dominguez


Arresto Menor
Hi po please help us po in our current issues with this companies. We have an appliances loan with this company under my fiancees name. The total amount with both companies was 80k (48k Aeon & 32k Home Credit). Our contract of payment started last Jan.1 of this year. But until now hindi pa kami nakakabayad kc nawalan ako ng work for almost 3months na sa ngaun and ung sweldo ng fiancee ko break even lng para s family namin. We have 2 kids 3&4 yrs old. As of now marame na nag ppunta dito sa amin threatening us na idedemanda daw nila kami. We have all the intentions na Mag bayad at wala kami Plano takbuhan un. However nung nkausap ko sila they are demanding the full amount of the 3 months payment namin sa kanila for Jan. Feb. And Mar. Which ng sabi namin hindi namin kaya bayaran sa ngaun. Pero we can start paying it on or before the end of April 2016. Please advice us anu pd namin gawin sa mga threats ng collectors nila na idedemanda nila ang fiancee ko. Maraming Salamat po.

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Renino.dominguez


Arresto Menor
Attorney please advice us what we can do. Tinatakot po kami ng collectors at May kaso na daw na nakasampa. Possible po ba un? What can we do for them to give us a little more time. Thank you po.

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thepoetsedge


Reclusion Perpetua
The most that the companies can file against you and your fiancee is a civil case for collection of a sum of money in the proper court. Since wala naman kayong intention na di magbayad, I see no possible criminal case to be filed against sa inyo, so there should be no warrant of arrests issued against sa inyo.

In order to stop the consistent badgering of the collectors, you and your fiancee should speak directly to the lending institutions where you incurred your debts para mapag-usapan kung paano nyo babayaran yung utang nyo under new terms and conditions and explain to them in full honesty kung ano yung current financial situation nyo para maintindihan nila kung bakit di kayo nakakapagbayad ng utang nyo. Draw up a new payment plan that will be feasible sa current budget nyo hanggang makahanap ka ng panibagong trabaho that will supplement the payment of your debts. Hopefully, di na aabot pa sa korte yung problems nyo since litigation is generally costly for everyone invlolved.

In sum, try to come up with an amicable compromise with the lending institutions involved so that there will be no need to file cases and undergo litigation. The important thing here is that communication lines should be open para magtiwala sila na magbabayad kayo kapag kaya nyo na.

Good luck, and may everyone be given a just resolution.

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Renino.dominguez


Arresto Menor
Thank you so much for the calrification and advice. God bless you always

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thepoetsedge


Reclusion Perpetua
No problem. I am happy to be of help. Good luck once more in your situation, and hopefully makakuha kayo ng amicable settlement with the lending institution.

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centro


Reclusion Perpetua
You are fortunate to have received sound and thorough advice from thepoetsedge. Be aware though that when dealing with the collection agent for payment commitment, there will be a signed agreement. Once the terms are not met, this will be used as the agent's support to press for charges with graver consequences.



Last edited by centro on Tue Apr 05, 2016 2:38 pm; edited 1 time in total

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Renino.dominguez


Arresto Menor
To Centro, as you said what can you advice us once we make an agreement with them?

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8 Good point! on Tue Apr 05, 2016 2:08 pm

thepoetsedge


Reclusion Perpetua
centro wrote:You are fortunate to have received sound and thorough advice from thepoetsedge. Before aware though that when dealing with the collection agent for payment commitment, there will be a signed agreement. Once the terms are not met, this will be used as the agent's support to press for charges with graver consequences.

Thank you for the kind words, Sir Centro. It is much appreciated.

Your additional advice have indeed merit, and I should have included that in my original statement as well.

Tama si Centro. Kelangan mag-ingat kayo under the new terms and conditions kasi pinagbigyan na kayo nyan, and dumaragdag lang yung case nyan ng debt collectors sa inyo if in case di na naman kayo makapagbayad. That is why during negotiations with the lending institutions and its collectors, make sure that the way of payment and the amount to be paid per installment are really within your foreseeable budget for the coming months.

Again, good luck with your situation. Thank you so much for pointing out that factor, Sir Centro. That was indeed vital. More power to you, as well!

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