Tuesday, April 01, 2014

I Want To Pay



1. Go to the bank PERSONALLY and talk to an account officer.
    But be ready to get frustrated if they won't accommodate you.




2. Submit a formal letter requesting for an updated Statement of Account with the following details:
    a. Principal
    b. Interest/fees
    c. rates
    d. covering period


3. Once received, review for accuracy.( attorney's fee @ 53%! ; see below)





4. Request for re-computation/waiver/reduction.


5. Once total amount  due is ascertained, offer ONLY what you can afford to pay regularly.



6. Once approved, DOCUMENT everything.




7. Start paying.