CC unpaid can you leave the country?

[robblok]

4 minutes ago, NanLaew said:

Oh dear.

 

Thailand has its very own, quite robust but a bit arcane credit rating system. One thing it does have in common with credit rating in the 'real world' is it doesn't factor in anyone else's payment history when considering any other individual's credit application.

Of course it does.. it factors in that its easier for a foreigner to skip then it is for a Thai. That is why its so much harder for a foreigners to get a CC then a Thai. 

[NoshowJones]

20 minutes ago, KhunOr said:

That's one big chip you have on your shoulder there possum.

 

I have never in my life been cheated by a bank or credit card company and nor would I ever contemplate trying to cheat them. We all have an option whether to open an account or have a credit card and if we play by the rules, they are great services to have.

So you use banks regularly in the UK ( assuming that's where you come from) and Thailand?

You are happy to pay 200 Bt, maybe more now, to use an ATM with a foreign bank card?

Yes I'm a Socialist, you are obviously a Capitalist, but each to his own.

[little mary sunshine]

You created the debt....Pay your bill!

[johninbkk71]

9 hours ago, Satcommlee said:

You can leave the country owing money to credit cards as long as they have not started court proceedings to recover debt..

 

But returning to Thailand with a credit card debt that has gone legal could cause you problems the moment you arrive back as there could be a warrant out for you.

I doubt this would happen. I had a friend whose wife (now ex) used his three Thai issued credit cards. Only the one issued by a branch of an overseas bank agreed it was fraud and decided to sue the wife for the debt. The two Thai banks said it was his fault. He left Thailand with a court order to pay back in installments from one bank (they can only sue you one at at a time apparently). He was away four years and now has returned and has consulted a lawyer who said don't worry three years has passed. He even checked his Thai credit rating and it was excellent.

[12DrinkMore]

4 minutes ago, johninbkk71 said:

I doubt this would happen. I had a friend whose wife (now ex) used his three Thai issued credit cards. Only the one issued by a branch of an overseas bank agreed it was fraud and decided to sue the wife for the debt. The two Thai banks said it was his fault. He left Thailand with a court order to pay back in installments from one bank (they can only sue you one at at a time apparently). He was away four years and now has returned and has consulted a lawyer who said don't worry three years has passed. He even checked his Thai credit rating and it was excellent.

Weird.

 

So who decides which one gets first bite?

[KhunOr]

10 minutes ago, possum1931 said:

So you use banks regularly in the UK ( assuming that's where you come from) and Thailand?

You are happy to pay 200 Bt, maybe more now, to use an ATM with a foreign bank card?

Yes I'm a Socialist, you are obviously a Capitalist, but each to his own.

I think I get where you are coming from. You are a socialist and think that services should be provided free and furthermore that it is fair game to rip off any service provider that makes a profit. "Oh dear" as another poster put it.

 

I have sevral bank accounts in Thailand and none in any other country. ATM withdrawals are free if I use the appropriate card. If you don't want to pay your international ATM charges, why don't you open a Thai bank account and transfer your money from the UK once in a while by T/T. That way you'd incur minimal charges.

 

I hope that the OP has considered a way to pay his debt obligations.

[hobobo]

1 hour ago, possum1931 said:

and how many times have banks stolen from us? They do it all the time.

The banks steal from you? (Report them to the police 5555). When you take out a loan, or carry the credit card debt beyond the full repayment date, you know how much the interest will be. That is not stealing! Seriously possum, get back to the real world...

[hawker9000]

10 hours ago, JHolmesJr said:

Credit card companies are not doing anyone a favour by issuing them with a credit card. They earn a lot of money from this. As such, they make provisions in their balance sheets for bad debts, that are rather endemic in this trade.

 

I ridicule the notion that not paying one's credit card bill is amoral. There are companies that don't pay hundreds of millions in debt, no one seems to give a damn about that, they call it a "default". But if an individual does it, it's suddenly an abhorrent crime.

Someone else being a deadbeat doesn't mean you're any less one.  It's totally amoral to borrow money promising to pay it back, and then just blow it off.  I ridicule the notion that anyone could possibly think they can rationalize lame, pathetic, deadbeat, oxygen-wasting, loser behavior like this.  It's theft; thieves belong in the slammer.

 

Edited February 27, 2017 by hawker9000

[daveAustin]

No, you'll get stopped at the airport and thrown in IDC until you pay, after which you will be blacklisted. We all hate the banks and tempting to say screw them, but part of the reason for high interest rates is the factoring in of a certain percentage that inevitably aren't going to pay up. Ultimately, everyone else pays. Troll or no troll, pay your f***ing debts! 

[geisha]

Some of you out there thinks it's ok ? If someone is dishonest with you, does that mean you have the right to be dishonest ?' I saw no mention in his post that his bank had treated him badly, did anyone else ? Anyway, imagine he wanted to come back to Thailand one day ( + does he have à Thai wife ?) , and he's on the red list at immigration for bank fraud ? Does he , and all the others, think that's ok too ?

[NoshowJones]

32 minutes ago, hobobo said:

The banks steal from you? (Report them to the police 5555). When you take out a loan, or carry the credit card debt beyond the full repayment date, you know how much the interest will be. That is not stealing! Seriously possum, get back to the real world...

Gees, and there's me thinking that banks offered a lot more than credit cards and loans, silly me. Anyway, if taking 220 Bt for using an ATM with a foreign card is not theft, then I don't know what is.

[NoshowJones]

40 minutes ago, KhunOr said:

I think I get where you are coming from. You are a socialist and think that services should be provided free and furthermore that it is fair game to rip off any service provider that makes a profit. "Oh dear" as another poster put it.

 

I have sevral bank accounts in Thailand and none in any other country. ATM withdrawals are free if I use the appropriate card. If you don't want to pay your international ATM charges, why don't you open a Thai bank account and transfer your money from the UK once in a while by T/T. That way you'd incur minimal charges.

 

I hope that the OP has considered a way to pay his debt obligations.

It all depends on what the profit is, banks like all big business is ruled by greed.

[NanLaew]

1 hour ago, robblok said:

Of course it does.. it factors in that its easier for a foreigner to skip then it is for a Thai. That is why its so much harder for a foreigners to get a CC then a Thai. 

As others have stated, the only proof requested of a foreigner applying for credit in Thailand beyond basic identity and home address is a WP and proof of earnings. Dead easy.

 

Those who do not have a WP,  which is probably the greater amount of foreigners staying long-term in Thailand, do have a much harder time which is entirely logical. As a Britisher, I actually had to be living and working in the US before I was offered any credit. By the same token, there was absolutely nothing the US banks could do if I chose to walk on any borrowing when I left employment and the country. Even if I did, I doubt it would impact the credit worthiness and basic qualification of any other foreigner fronting up with a job offer in America.

 

Maybe you are getting confused with the school of thought that considers that over stayers and other shonky foreigners by their actions make it more difficult for those that are squeaky clean to stay here; another flawed premise IMHO but I digress. In a nutshell, what someone else does, Thai or foreigner, has no impact on another person's application for credit. WP + sufficient income = approved.

Edited February 27, 2017 by NanLaew

[hobobo]

1 minute ago, possum1931 said:

Gees, and there's me thinking that banks offered a lot more than credit cards and loans, silly me. Anyway, if taking 220 Bt for using an ATM with a foreign card is not theft, then I don't know what is.

As someone already mentioned, get a local debit card (or credit card), free ATM withdrawals. If you choose to use a foreign card, you are informed of the cost of transaction prior to withdrawal. If you agree to any transaction, it is not stealing. Use the banks smartly, it's free. I have not paid a penny in interest/overdraft charges since 1981...

[natway09]

Pay the bloody thing & stop being an idiot

[hobobo]

3 minutes ago, possum1931 said:

It all depends on what the profit is, banks like all big business is ruled by greed.

Are you implying that you'd go into business to make a loss??

[robblok]

1 minute ago, NanLaew said:

As others have stated, the only proof requested of a foreigner applying for credit in Thailand beyond basic identity and home address is a WP and proof of earnings. Dead easy.

 

Those who do not have a WP,  which is probably the greater amount of foreigners staying long-term in Thailand, do have a much harder time which is entirely logical. I actually had to be living and working in the US before I was offered any credit. By the same token, there was absolutely nothing the US banks could do if I chose to walk on any borrowing. Even if I did, I doubt it would impact the credit worthiness and basic qualification of any other foreigner fronting up with a job offer in America.

 

Maybe you are getting confused with the school of thought that considers that over stayers and other shonky foreigners by their actions make it more difficult for those that are squeaky clean to stay here; another flawed premise IMHO but I digress. In a nutshell, what someone else does, Thai or foreigner, has no impact on another person's application for credit.

IMHO they factor the risks in per group, and your right its not that if you skip on a debt my rating will go down. But as a group we will be scaled in with a higher risk factor. I have seen in my country for instance certain postal area's don't get credit from sellers because the risk of non payment is higher because as a group they pay worse. Its only logical that banks also factor this in when giving out loans. Both things are factored in.. individual factors and group factors. 

 

Guess we got a difference of opinion here

[dentonian]

1 hour ago, possum1931 said:

So you use banks regularly in the UK ( assuming that's where you come from) and Thailand?

You are happy to pay 200 Bt, maybe more now, to use an ATM with a foreign bank card?

Yes I'm a Socialist, you are obviously a Capitalist, but each to his own.

If your using a UK debit card to make cash withdrawals from a Thai ATM, your a stupid Socialist playing right into the hands of capitalists.

[robblok]

12 minutes ago, possum1931 said:

Gees, and there's me thinking that banks offered a lot more than credit cards and loans, silly me. Anyway, if taking 220 Bt for using an ATM with a foreign card is not theft, then I don't know what is.

 

if you don't agree with that fee then don't use it.. that is so easy. I don't like the high fees either but agree to them when taking it out. There are alternatives like others have said. But the point is if you don't like the service don't use it. You know before what you get and what you have to pay so you can't moan about it later. 

[Tchooptip]

1 hour ago, robblok said:

Yes that is the problem.. many see companies as someone they can cheat on because its just a company and they are rich.

Only small crooks and little swindlers think like that, but yes many do, the world is full of them and TV is no exeption by the way.

[NanLaew]

6 minutes ago, robblok said:

IMHO they factor the risks in per group, and your right its not that if you skip on a debt my rating will go down. But as a group we will be scaled in with a higher risk factor. I have seen in my country for instance certain postal area's don't get credit from sellers because the risk of non payment is higher because as a group they pay worse. Its only logical that banks also factor this in when giving out loans. Both things are factored in.. individual factors and group factors. 

 

Guess we got a difference of opinion here

Chances are such discriminatory practices, regardless of how sublimely practical they may be, aren't legal in other jurisdictions so it doesn't lend weight to any discussion. However, I can attest to similar, socially challenged 'ghettos' in Scotland way, way before the French banlue's grabbed the worlds attention.

 

No worries; differing opinion keeps it all fresh but maybe we can agree that logical thought processes may be all a bit of a novelty in LOS.

[ThaiWai]

10 hours ago, mduras01 said:

Karma's a bitch.


Sent from my iPhone using Thaivisa Connect

Is that her first or last name? 

[dentonian]

29 minutes ago, possum1931 said:

Gees, and there's me thinking that banks offered a lot more than credit cards and loans, silly me. Anyway, if taking 220 Bt for using an ATM with a foreign card is not theft, then I don't know what is.

Your paying a lot more than 200 baht per withdrawal.

 

Your UK bank sets it's own fees for  foreign ATM cash withdrawals, usually either a percentage of the withdrawal or a fixed fee.

Halifax is the cheapest charging a fixed rate of £1.50 per transaction.

The owners of the Thai ATM's charge another 200 baht.

 

At best guess your being charged between £6-£8 per transaction.

You can avoid the 200 baht ATM fee by doing the transaction at the counter.

[JHolmesJr]

2 hours ago, KhunOr said:

What a dreadful attitude you have Jr.

 

Robblok was spot on in his post: morally dead wrong to deliberately walk away from a debt you knowingly incurred. Only the dregs of a society would do such a thing. If that's you, shame on you.

 

Sanctimonous twaddle.

 

Just because I don't find skipping out on a CC bill amoral doesn't mean I actually do it myself. CC/banks are leeches who would issue a CC to a baby if they could. They actually want you to default because it means they can recover/or write off more money.

 

They should spend more effort vetting the people they give cards to in the first place. I actually called them once to lower my CC limit by $20,000 and the person on the other end asked my 3 times if i really wanted to go through with it. AS I said, leeches. 

[dentonian]

3 minutes ago, JHolmesJr said:

 

Sanctimonous twaddle.

 

Just because I don't find skipping out on a CC bill amoral doesn't mean I actually do it myself. CC/banks are leeches who would issue a CC to a baby if they could. They actually want you to default because it means they can recover/or write off more money.

 

They should spend more effort vetting the people they give cards to in the first place. I actually called them once to lower my CC limit by $20,000 and the person on the other end asked my 3 times if i really wanted to go through with it. AS I said, leeches. 

So why would you apply for a credit card from leeches!

[robblok]

16 minutes ago, NanLaew said:

Chances are such discriminatory practices, regardless of how sublimely practical they may be, aren't legal in other jurisdictions so it doesn't lend weight to any discussion. However, I can attest to similar, socially challenged 'ghettos' in Scotland way, way before the French banlue's grabbed the worlds attention.

 

No worries; differing opinion keeps it all fresh but maybe we can agree that logical thought processes may be all a bit of a novelty in LOS.

Im sure its not legal, but there were cases in the USA where latino's and others had to pay a higher interest rate then white people (recently read it somewhere they made a big deal out of it and so they should). So it does happen. But I agree for a large part with what your saying. 

[JHolmesJr]

3 minutes ago, dentonian said:

So why would you apply for a credit card from leeches!

 

Because I never give them a chance to leech off me.

[dentonian]

Just now, JHolmesJr said:

 

Because I never give them a chance to leech off me.

Same.

I use my credit card for convenience, such as paying flights, or hotels where debit cards are not accepted.

I immediately pay of the bill using my debit card and never pay any interest.

[Suradit69]

11 hours ago, JHolmesJr said:

I ridicule the notion that not paying one's credit card bill is amoral. There are companies that don't pay hundreds of millions in debt, no one seems to give a damn about that, they call it a "default". But if an individual does it, it's suddenly an abhorrent crime.

So using that logic it wouldn't be immoral to kill someone because some big companies that produce tobacco or medicine with major side-effect or automobiles with defects, etc kill lots of people.

 

But, but all the other kids do it.

[little mary sunshine]

1 hour ago, possum1931 said:

Gees, and there's me thinking that banks offered a lot more than credit cards and loans, silly me. Anyway, if taking 220 Bt for using an ATM with a foreign card is not theft, then I don't know what is.

It's a service charge... they tell you that before

you use the ATM...if you think it being a thief

don' use the ATM