1. You used that money
except if it is tainted with charges that are "excessive, unconscionable and against public morals"
2. You will be imprisoned
if you used a fake card, that is.
3. To stop the harassments
it wont and if you do not wish to report them to Bangko Sentral ng Pilipinas
4. So that I can have a good credit standing
can you erase an experience?
5. I will be liable for RA 8484
...if evidence warrants ( it does not)
6. They will get my properties
aside from family home and those exempted by law, do you have ANY they can identify ?
7. They are offering me a big discount!
if you honestly believe them
8. They will sue me.
they wont ; they can't
9. To have an NBI clearance
the clearance covers criminal cases, not credit card debts.
10. I want to get ANOTHER card
oh no, not again...!
Top Ten Reasons Why Should You Should Not Pay
10. The bank will not close because of me.
they will simply deduct your debt from their taxes
9. The bank will not entertain you.
they will simply refer you to their goons
It cannot compensate those sleepless nights, mental anguish, besmirch reputation and public humiliation you got.
not unless you just simply choose to forget everything?
7. They tricked me into signing a one-sided agreement.
did they made you look funny?
6. My account has ballooned from P 10,000.00 to P 200,000.00!
why should I pay one-fourth of my obligations as attorney's fee?
5. My father almost died of heart attack due to their harassments.
Can one simply just forget it as if nothing happened?
4. They are not authorized to make compromise agreements.
They haven't shown ANY documents to prove it.
3. I can only afford to pay P 500.00 a month.
You will just engage in a never ending financial marathon.
2. I would rather feed my family rather than their greed.
I"ll take that option anytime, my friend.
.........And the TOP reason:
1. I don't have the money!
what else can you do? sell your soul just to please them?