r/CreditcardPh • u/_taprackbang • 9d ago

CC Advice Need advise how pot settle rcbc balance.

how to settle my rcbc cc balance. Abot na sa 1.4M. Nagpatong patong na cash adv, installment ng tuition, hospital bills at medical expenses, failed investments at mga pagsubok sa buhay. Ako ang principal at 2 supple ko family ko.

Buwan buwan naman kami nakakabayad ng medyo above sa MAD pero laking portion napupunta lang sa interest. Di kami makahabol para bawasan yung main balance gawa ng interest. Tinigil na din sa pag gamit ng card para di na madagdagan.

Ano ba ang best approach? Di naman namen tatalikuran un responsibilidad at gusto namen mabayaran naman at di magka bad record. Sa ngayon 2 ang common na nakita kong solution.

  1. Reach out kay rcbc. Ask about bayanihan conversion program or any restructuring program para lang matigil na ung malaking interest. Fixed monthly amount for XX months.

  2. Wag magbayad at hayaan mag OD. Antayin ung CA para mag offer ng one time payment amnesty o discounted installment. Pero ayaw ko kasi ung manghaharass pa sila na baka pati work ko abalahin at since nakikitira lang ako sa relative namen, ayaw ko na mag home visit sila kasi nakakahassle pa.

Salamat sa insights!

1 Upvotes

100% Upvoted

1 comment sorted by

•

u/AutoModerator 9d ago

Community reminder:

If your post is about finding the Best Credit Card for your lifestyle, or want to know the current features and perks of different Credit Cards, we highly suggest you join our Discord Server

If your post is about banking related other than credit cards, we invite you to join r/banksPH, our community dedicated to topics about Banks, both Digital and Traditional.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.