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	<title>Comments on: Lending interest rates</title>
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	<link>http://attyatwork.com/lending-interest-rates/</link>
	<description>Legal thoughts and beyond</description>
	<lastBuildDate>Tue, 16 Mar 2010 15:59:35 +0000</lastBuildDate>
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		<title>By: hyperboliccosecant</title>
		<link>http://attyatwork.com/lending-interest-rates/comment-page-1/#comment-24673</link>
		<dc:creator>hyperboliccosecant</dc:creator>
		<pubDate>Tue, 02 Feb 2010 03:42:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.attyatwork.com/lending-interest-rates/#comment-24673</guid>
		<description>Does this apply to fines for late rental payments?</description>
		<content:encoded><![CDATA[<p>Does this apply to fines for late rental payments?</p>
<p> <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-24673" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('24673', 'add', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_');" title="" />&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-24673" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('24673', 'subtract', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_')" title="" /> <span id="karma-24673-total" >0</span></p>]]></content:encoded>
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		<title>By: Joan</title>
		<link>http://attyatwork.com/lending-interest-rates/comment-page-1/#comment-24381</link>
		<dc:creator>Joan</dc:creator>
		<pubDate>Mon, 04 Jan 2010 06:24:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.attyatwork.com/lending-interest-rates/#comment-24381</guid>
		<description>That is also my problem... Sobrang laki ang interest.. yung 150k n a inutang nmin in just 18 months naging 500k plus na.

Paano po ba ang pwde nmin gawin... ang mali ko din po eh pumirma kmi sa contract... pero wla nman po nka lagay na 7% ang interest dun. Paalis na po kc ako nun papuntang abroad, kya kapit sa patalim na nag loan kmi sa isang private na tao na ginawa pa nmin colateral yung bahay at lupa nmin. 135k po ang nka lagay sa deed of sale pra sa bahay. D nman po ako pinalad na maging ayos ang trabaho sa ibang bansa, after 2 months na uwi po ako dahil d2 kmi pinag exit nang company na nangako na babalik din o kukunin kmi after 1 month, pero d na po kmi kinuha. Yung 7% na interest months isinama na nya sa principal nung gumawa cya nang contract... at sa 18 months po eh nka compound po ang interest at capital. kya po sobra cyang lumaki.

Ako po ang nang sanla sa pamamagitan nang special power of attorney nang mga kapatid ko na yung ibang perma eh ginawa ko nlang, hindi cla ang pumirma.

Nagigipag usap na po kmi sa pinag sanlaan nmin kung pwede na bawasan ang interest sa 300k, dhil yun lang po ang kya sa panibaging loan sa banko na, na mas maliit ang interest at mas mahabang bayaran.

Isa pa pong iniisip ko eh yung mga na release ko na cheke sa knila, dhil pinag open mo nya ako nang checking account at pina pirma nang mga amount na wlang date sa pangalan nila. 6 ba 7k pra sa 6 months na interest at isang 150k pra sa pirncipal.

Paano po kya ang gagawin ko?</description>
		<content:encoded><![CDATA[<p>That is also my problem&#8230; Sobrang laki ang interest.. yung 150k n a inutang nmin in just 18 months naging 500k plus na.</p>
<p>Paano po ba ang pwde nmin gawin&#8230; ang mali ko din po eh pumirma kmi sa contract&#8230; pero wla nman po nka lagay na 7% ang interest dun. Paalis na po kc ako nun papuntang abroad, kya kapit sa patalim na nag loan kmi sa isang private na tao na ginawa pa nmin colateral yung bahay at lupa nmin. 135k po ang nka lagay sa deed of sale pra sa bahay. D nman po ako pinalad na maging ayos ang trabaho sa ibang bansa, after 2 months na uwi po ako dahil d2 kmi pinag exit nang company na nangako na babalik din o kukunin kmi after 1 month, pero d na po kmi kinuha. Yung 7% na interest months isinama na nya sa principal nung gumawa cya nang contract&#8230; at sa 18 months po eh nka compound po ang interest at capital. kya po sobra cyang lumaki.</p>
<p>Ako po ang nang sanla sa pamamagitan nang special power of attorney nang mga kapatid ko na yung ibang perma eh ginawa ko nlang, hindi cla ang pumirma.</p>
<p>Nagigipag usap na po kmi sa pinag sanlaan nmin kung pwede na bawasan ang interest sa 300k, dhil yun lang po ang kya sa panibaging loan sa banko na, na mas maliit ang interest at mas mahabang bayaran.</p>
<p>Isa pa pong iniisip ko eh yung mga na release ko na cheke sa knila, dhil pinag open mo nya ako nang checking account at pina pirma nang mga amount na wlang date sa pangalan nila. 6 ba 7k pra sa 6 months na interest at isang 150k pra sa pirncipal.</p>
<p>Paano po kya ang gagawin ko?</p>
<p> <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-24381" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('24381', 'add', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_');" title="" />&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-24381" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('24381', 'subtract', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_')" title="" /> <span id="karma-24381-total" >0</span></p>]]></content:encoded>
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		<title>By: Eileen</title>
		<link>http://attyatwork.com/lending-interest-rates/comment-page-1/#comment-17185</link>
		<dc:creator>Eileen</dc:creator>
		<pubDate>Mon, 02 Feb 2009 10:05:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.attyatwork.com/lending-interest-rates/#comment-17185</guid>
		<description>My uncle borrowed money from a &quot;loan shark&quot; and used as collateral their house &amp; lot.  He&#039;s been paying partially but the loan has ballooned already due to the exorbitant interest rates.  I think he only borrowed P1m-P2m five years ago and has paid since then, P6-P7m but he&#039;s still in debt because of the very high interest (i.e. 6%-7% month or 72%-84% per annum!).  Nabaon na sila sa utang and they have sold most of their properties (lot, car, jewelries, another house &amp; lot, etc) but they just can&#039;t catch up with the loan balance because of the interest!  How can they get out of this situation?!  Napunta na lahat sa loan shark ang kabuhayan nila and there&#039;s a risk now that they will also lose their house &amp; lot because the loan is not yet fully paid.</description>
		<content:encoded><![CDATA[<p>My uncle borrowed money from a &#8220;loan shark&#8221; and used as collateral their house &amp; lot.  He&#8217;s been paying partially but the loan has ballooned already due to the exorbitant interest rates.  I think he only borrowed P1m-P2m five years ago and has paid since then, P6-P7m but he&#8217;s still in debt because of the very high interest (i.e. 6%-7% month or 72%-84% per annum!).  Nabaon na sila sa utang and they have sold most of their properties (lot, car, jewelries, another house &amp; lot, etc) but they just can&#8217;t catch up with the loan balance because of the interest!  How can they get out of this situation?!  Napunta na lahat sa loan shark ang kabuhayan nila and there&#8217;s a risk now that they will also lose their house &amp; lot because the loan is not yet fully paid.</p>
<p> <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-17185" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('17185', 'add', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_');" title="" />&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-17185" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('17185', 'subtract', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_')" title="" /> <span id="karma-17185-total" style="font-size:12px; color:#009933;">+1</span></p>]]></content:encoded>
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		<title>By: Arnel Dy</title>
		<link>http://attyatwork.com/lending-interest-rates/comment-page-1/#comment-17102</link>
		<dc:creator>Arnel Dy</dc:creator>
		<pubDate>Sun, 01 Feb 2009 14:00:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.attyatwork.com/lending-interest-rates/#comment-17102</guid>
		<description>&quot;But&quot; if unpaid interest is to be compounded monthly then a 5.5% monthly interest would compute to nearly 80% annual interest.</description>
		<content:encoded><![CDATA[<p>&#8220;But&#8221; if unpaid interest is to be compounded monthly then a 5.5% monthly interest would compute to nearly 80% annual interest.</p>
<p> <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-17102" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('17102', 'add', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_');" title="" />&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-17102" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('17102', 'subtract', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_')" title="" /> <span id="karma-17102-total" >0</span></p>]]></content:encoded>
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		<title>By: waynie</title>
		<link>http://attyatwork.com/lending-interest-rates/comment-page-1/#comment-12823</link>
		<dc:creator>waynie</dc:creator>
		<pubDate>Tue, 01 Jul 2008 10:19:57 +0000</pubDate>
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		<description>this is a nice site specially me being  a young entrepreneur
that needs the side of the law to move and make the business legal</description>
		<content:encoded><![CDATA[<p>this is a nice site specially me being  a young entrepreneur<br />
that needs the side of the law to move and make the business legal</p>
<p> <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-12823" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('12823', 'add', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_');" title="" />&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-12823" src="http://attyatwork.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('12823', 'subtract', 'attyatwork.com/wp-content/plugins/comment-rating/', '1_14_')" title="" /> <span id="karma-12823-total" >0</span></p>]]></content:encoded>
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