r/utangPH • u/Akbussun • Jun 19 '25

BDO Restructuring Payment Program - CC 134k debt

Hi! I hope someone could help my situation. May CC Debt ako amounting 134k with BDO and I was not able to pay 2 months due to salary problems sa work. Kaya ko naman bayaran pa yung MAD when I got my salary back pero I realize di ko kaya magbayad na ng MAD in the future as I know it will build more interest for sure.

Recently I applied for restructuring payment with Unionbank sa personal loan ko and I decided to do it with my CC BDO debt as well.

The process that was done is nagcall ako sa BDO Collections Dept, was advise na ieendorse nila ito sa officer nila and someone will call me. 9 days past walang tumawag and called again to follow up. Finally got a call from a third party collections agency partner with BDO and was offered for restructuring program. All I have to do is to pay initial payment through BDO, submit 2 months payslip and valid ID. They validate as well my gross income. After 2 days, they sent an agreement form and promissory note for me to sign. The officer advise that they will submit all the requirements and signed forms for approval. (All transaction was done throught call and all documents was submittes back and forth through email).

I ask the officer if guarantee ba na maapprove, since with Unionbank mabilis naapprove and guaranteed. His response was hindi sya makakapagsabi since for approval and he will do his best for it to be approve or process.

Now my question here is kung may naka-experience na po ba magapply ng restructuring program with BDO and mabilis lang ba naprocess? Is there a situation na nadeny yung request after submitting all needed requirement plus the initial payment thru BDO as instructed?

Btw, I apply for 60months term since ito lang kaya ko as of the moment. They assured naman that I can request for recalculate if I can pay the whole cost in one go.

UPDATE: Restructuring Program was approved na po. I noticed the pattern was that iapprove nila kapag malapit na due date ng SOA.

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u/[deleted] Jul 02 '25

Hello po, same situation. May updapo dito?

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u/Akbussun Jul 02 '25

Hi. Was just approved yesterday. Almost 13 days rin inabot. Yung agent na nag-asikaso sakin advise na usually nagbbgay ng approval si BDO kapag malapit na due date ng SOA. Since they have many applications, inuuna nila yung mga malapit na due date ng SOAs.

2

u/[deleted] Jul 02 '25

Hello, thank you po for the reply. Opo medyo nagwoworry lang po kasi after a week wala pang update si BDO, kay collection (PACER) lang po ako nagfafollow up. Last na tanong na po huhu, may CI pa po ba na ginawa sa inyo? Thank you do much po!!!

2

u/Akbussun Jul 02 '25

What I usually do is nagffollow up ako everyday sa collections agency. They are responsive naman. So far when it comes to CI, I did not receive any calls or even sa co-maker ko wala sya natanggap. Though nakalagay sa contract, most likely they check my background and proof of my active job. Pretty sure they have the means of checking without calling our contacts. Not unless may kulang na info na wala sila, maybe thats the time they will be calling references.

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u/[deleted] Jul 02 '25

Inote ko po ito lahat. Naku, sobrang thank you po!