Posts under Loans, Debts & Credit Cards

Choice between shortening the year of housing loan or reducing the monthly amortization in bank loan?

Posted September 11, 2013 under Loans, Debts & Credit Cards | 1 Comment

We have a 15yr housing loan, 30k/monthly amortization. we’re planning to pay extra 100k on its anniversary date. we’re asked to choose between shortening the year term or reducing the monthly amortization. what’s the best choice? thanks in advance! šŸ™‚

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About collection agencies

Posted June 4, 2013 under Loans, Debts & Credit Cards | 2 Comments

I read that credit card companies sell your unsettled accounts to collection agencies, does that mean that i have to pay directly to them? or to the bank? thank you

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Question regarding closing account on credit card…

Posted June 1, 2013 under Banking, Loans, Debts & Credit Cards, Personal Finance | 3 Comments

I am not yet in a pastdue account in credit card because I still pay minimum amounts but I want to know if it is possible to close my account and have like a compromise agreement with the bank at this point? Will I am going to have a bad credit record with that? I […]

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What bank do you suggest when it comes to property loan such as condo unit?

Posted December 7, 2012 under Loans, Debts & Credit Cards | 2 Comments

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Utang and Sangla ng Bahay

Posted October 12, 2012 under Loans, Debts & Credit Cards | 4 Comments

namatay na po ang tatay ko at may pagkakautang po siya sa kumpare niya at isinanla niya po ang titulo ng bahay at lupa naminkaso namatay na rin po ito at ngayon po ay ang nanay ko po ang sinisingil ng asawa ng pinagkautangan ng tatay ko at ibebenta daw po nila ang titulo ng […]

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What better ideas to lessen my debts?

Posted July 27, 2012 under Loans, Debts & Credit Cards, Personal Finance | 2 Comments

I have a 25K credit in a bank. Due to my emergency CS. I have already budgeted both our income and all is accounted for, meaning, we have no extra to pay for that debt. However, everytime i get extra income, i see to it that i pay it to lessen the principal amount. But […]

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Do credit card banks in the Philippines offer “Hardship Programs”?

Posted June 18, 2012 under Loans, Debts & Credit Cards | 4 Comments

I am currently buried in credit card debts and I’ve reached a point wherein my (and my husband’s) total monthly income is not enough to pay even the minimum amounts required.  I read in some finance blog that if you’re having a hard time paying off your credit card, you can call your bank and […]

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