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I am the Borrower

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1 I am the Borrower on Mon Jun 18, 2018 9:38 pm


Arresto Menor

Hello po...
Ako po ay nakahiram ng pera sa isang Lending Corp. 8,000 po ang aking nahiram. Hindi po ako nakabayad sa kadahilanang nagkaron po kami ng emergency at nalakihan na po talaga ako sa interest. As borrower, may karapatan po ba ako na humiling na ihinto na po ang ang pagtaas pa ng interest? Lalo po kasi ako nababaon. Alam ko pong obligasyon kong magbayad sa inutang ko pero sa kaso ko po hindi ko na po talaga kaya mabayaran ang lumalaki ko pong utang. please need your response. Sad Sad

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2 Re: I am the Borrower on Wed Jun 20, 2018 11:06 am


Reclusion Perpetua
It is up to the lender if he will allow the restructuring of your current loan in order for you to be able to pay the whole obligation, plus interest.

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3 Re: I am the Borrower on Thu Jun 21, 2018 5:48 am


Reclusion Perpetua
The courts are allowed to lower interest rates. However, it would mean that there is already a court case against you. I doubt that they would be suing you for small claims before the court just to recover P8,000.00 (even if you add some interest).

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