Bayanihan 2

[bhmomma]

Hi mga fellow GTs. Sana may makapag explain naman nitong Bayanihan to Recover as One Act aka Bayanihan 2.

I am an OFW and may vehicle loan kami sa pinas. Due to delayed salaries sinubukan namin ng husband ko mag reach out sa bank kung pwede kami mag default sa payment kahit for this month lang. Our due date is every 5th of the month.

After several emails and phone calls I thought okay na. Pero sad to say ang sabi ng bangko we can pay up to December 29 (meaning binigyan lang kami ng 24 days na palugit para mabayaran namin yung December 5 due) and come January 5 magbabayad na ulit kami.

May naka experience na rin ba sa inyo ng ganito? Sana may sumagot. Salamat mga sis 😊

[xtine]

^Sis, ang maieexplain ko lang is yung cons ng bayanihan 2.  Basically, sa bayanihan 2, pwede idelay yung loan payment ng 2 months.  Pero meron shang accrued interest. 

Meaning, yung interest nung two months is hindi hihinto, ichacharge pa rin sayo after the two months.  Pero yung principal is hihinto (so uurong ng two months yung loan mo)

Since sisingilin ka pa rin sa accrued interest kahit na delayed ang payment for two months, kung meron kang work, i suggest wag kunin yung 2 months grace period.  Penalty lang ang waive nila dahil sa pagdelay ng bayad, hindi ang interest.

https://www.youtube.com/watch?v=gHRMqdqz1xY