Yes, they can file a case called SUM OF MONEY but this can not put you to jail even if you insisted not to pay for it.
Again, they can not put you into jail by merely not paying your credit card bills even if they send demand letters threatening you to pay for it.
Remember that they are doing all they can do to force you to pay for it because their services are on a “no cure, no pay basis”.
Since you won’t be jailed by not paying your credit card bills, I am not encouraging you to just leave it unpaid because it will haunt you in the future.
One of my readers before who is working as a manager had an unpaid credit card bills due to fraudulent purchases.
and our parent company, Deckers Outdoor Corporation, we have shut down this site and thousands like it. Despite the many counterfeiters trying to fool you into buying fake product, it is actually easy to find genuine UGG product.
One of the causes of financial burden of a lot of Filipinos is their credit card bills.
With the availability of various credit cards issued by banks and the convenience of “buy now, pay later” cashless purchase, a lot of Filipinos enjoy shopping using their credit cards.
Without proper credit card usage, it can lead to huge credit card debts eventually having you as slave as you work for the rest of your life just to pay for it.
With a number of credit card bills left unpaid in the Philippines and the threatening practice of credit card debt collection agencies, the big question that leaves the minds of these credit card holders is: The answer to this question is a big NO as the case involved is just a CIVIL CASE called SUM OF MONEY.
This is what I learned upon my employment in an asset management firm before.
Banks usually get the services of debt collection agencies on a “no cure, no pay” basis. That means, if they have not collected any amount, then they wouldn’t be paid for their services.