Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

UNPAID HOME CREDIT LOAN

View previous topic View next topic Go down  Message [Page 1 of 1]

1 UNPAID HOME CREDIT LOAN on Wed Jul 19, 2017 2:49 pm

karen.c


Arresto Menor
Hello po sa lahat..

Tatanong ko lang po. Nag loan po ako ng laptop sa Home Credit last May 2016 tapos hindi ko na po sila nabayaran kasi nawalan ako ng trabaho for 7 months, nanakaw pa yung laptop, lalong nawalan ako ng gana na mag bayad, tapos ngayun ung sakto lang yung sahod ko sa pang araw araw na gastusin. Palaging tumatawag yung home credit sa akin at sa mga tao na naandoon as reference ko numng nag loan ako , na hahassle na nila ung ibang tao kasi tumatawag sila even beyond business hours. nag tetext sila sakin na na forward na daw yung loan ko, tapos mag ffile na daw sila ng case.

Tanong ko lang po, magkaka merit po ako ng NBI records dahil sa utang na yan? If hindio ko mabayaran ang utang ko, anu pa po ang magagawa nila?


Sana po ma address ang concern ko.


Salamat

View user profile

2 Re: UNPAID HOME CREDIT LOAN on Fri Jul 21, 2017 10:48 am

Sadlex


Arresto Menor
Usually, kapag nadedelay or worse nagde-default sa loan with a financial institution, standard procedure nila to call you to follow up on payment. And then kapag may certain amount of time na ang lumipas and hindi ka pa rin nakakapag settle ng outstanding balance mo, it’s possible na i-turn over na nila ang account mo to a 3rd party agency and then sila na ang mag co-collect from you. Even sa mga banks and telcos, practice nila yan.

In terms of what will happen to you naman, take note na hindi criminal offense ang non-payment of debt, pero possible pa rin na mag file yung institution ng Small Claims case to ask for help from the courts to collect from you. I don’t think magkaka record ka naman sa NBI, pero there is a very strong chance na papangit ang credit record mo, kasi pinapasa ng mga financial institutions yung credit records ng customers nila sa government (through Credit Information Corp. yata), tapos na she-share pa ito sa mga iba pang institutions.

So kapag na share yung bad credit record mo sa iba, magiging mababa na ang chances mo na ma-approve for other loans.

Some banks, like for credit cards, they offer amnesty programs di ba? Have you tried calling or talking to Home Credit, baka may ganoong process din sila?

View user profile

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum