Without a doubt, one of the most annoying fees that credit cardholders have to pay is the annual fee. Majority of cardholders are familiar with … Read More
You’re looking to sign up in a website and it’s asking for a credit card number as a verification procedure. But you do not own … Read More
We know that it is expensive to maintain a credit card. There’s a handful of fees that a credit cardholder must pay — from hefty interest … Read More
Citibank recently charged me P500.00 for not paying my “Minimum Amount Due” on time. Can’t blame them, it was really my fault since I forgot … Read More
The annual fee is undeniably a burdensome charge that credit cardholders have to pay for using a credit card and, sometimes, just by owning a credit card.
A P30,000 credit card debt that ballooned to almost P1 million because of interest charges?
How do you solve a serious problem like credit card debt?
I was watching videos on YouTube earlier and, funnily enough, I found the most sensible answer to that question in an old comedy sketch aired on Saturday Night Live (SNL).
A number of Filipinos have a severe problem with credit card usage — leading to piles of debt which, when remain unpaid, continue to balloon month after month.
The primary culprit, of course, is the credit cardholder’s negligence to pay his or her obligations. Worse, some even deliberately attempt to run away from their debt.
