In Philippines, Maya Credit offers flexible repayment options, but there are two primary ways it works: Maya Easy Credit: You generally have up to 30 days to pay after your billing cycle ends. Since billing cycles end on different dates for each user, you essentially have about 1 month to pay Maya Easy Credit. Maya […]
Loan in Philippines
What Happen If You Can’t Pay Your Debt In The Philippines?
If you can’t pay your debts in the Philippines, there are several potential consequences you might face: Legal Action Civil Case for Sum of Money: The lender can file a civil lawsuit against you to recover the outstanding debt. The court can issue a judgment ordering you to repay. Wage Garnishment: In some cases, the […]
Will My Maya Credit Increase After Payment Philippines?
Not necessarily right after, but making a payment on your Maya Credit can be a positive step towards an increased limit in the future in the Philippines. Here’s why: Maya Credit is revolving: Unlike a fixed loan, your available credit balance is refilled as you make repayments. So, paying off your current balance unlocks your […]