Surfergirl1982
HiI am hoping someone here knows a thing or 2 about how "credit companies" work in BaliIf you cannot finish paying the credit back for a car and the credit company takes the car off youis your name blacklisted so you can never borrow money again?Thanks for your help
ronb
Well you would expect them to as best their technology can manage. So a national database probably does not exist, or if it does is probably incomplete and inaccurate. But more locally, I am sure they can spread the word.
gilbert de jong
as far as I know there is not a national database for creditcompanies..to check someone's credit-history.if one buy's a new car using a credticompany, there's also no mentioning of checking someone credit-record.if it hasn't come so far that the company taking the car, there are some things one might consider of doing :re-sell the car using "over-kredit", the new owner takes over the outstanding balance on the carloan and X amount for what's already been paid to the finance-company.or check the assuransi and if covered, torch it..i.e. buy a new battery for the car and have the place you bought it, install it...keep the receipt incl.where it says they changed the aki...create a fuel leak under the hood, and sparks from the new aki sets it a blaze.
sakumabali
even if a national database would exist, the banks would ignore the information cause they earn too much money with people who can't pay back their loans.You paid 30 - 40 % of a new car already and can't pay the rest? The bank take your car and you lose all the money you spent so far...now the bank owns an almost new car for a really good price. what amazes me is that many Indonesians know the story and how it gonna end from the very beginning, they buy a Toyota Fortuner and they can't fully pay it, but maybe impress the neighbors and family for a year or two before the car "disappears"
