Tag Archives: Debt

WILL THE REAL DEBTORS OWN UP, YOUR LOANSHARKS WANT TO BURN MY HOUSE DOWN

Our reader asks for help in locating her ex-house owners, Rahmat bin Mohamad and Siti Norhenny, because she is sick of loansharks who keep harassing her for their debts. Tsktsk, own up la bro, or someone else's house is going to get burned down because of you! "But this evening when my Wife reached home and saw a note at our main door, (Dear Siti please don't sabo your Neighbour and get back to Dyson ASAP). And this loanshark so call of Dyson call my Neighbour and ask Siti better to pay up or else they going to burn my flat. To this Dyson is Siti borrow money from u, u better find them and not my flat. Pls guys help me share around. for the both of Siti and Rahmat u guys got balls to borrow use your own fucking add. I hope Dyson found u soon!!"

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MY EX-BF WANTS TO RECONCILE BUT REFUSES TO PAY BACK MY MONEY

Our reader complained about an ex-boyfriend who owed her money but wants to patch up without having to pay her back. He clearly told her he will return the money on separate occasions but seemed to go against his word. He gave reasons like he was fired and blamed her for being cruel enough to watch him fall. What do you think? O$P$ or your money is my money?

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CGH SENDS DEBT COLLECTORS TO RECOVER $37 UNPAID HOSPITAL BILL, GETS LECTURED BY BRAVE S’PORE MAN

Facebook user Manfred Tan uploaded a 25 min long telephone conversation between an angry CGH patient and the staff of CGH's business department. In it, the patient railed at the CGH staff for using legal debt collectors to recover the $37 he owed to the hospital. He claimed that the debt collector's tone was harsh and it intimidated his wife and kids. For most of the conversation, the CGH staff was dumbstruck and could not respond to the Singaporean man's incisive questioning on why the Govt needs to use such heartless tactics to recover a paltry sum like $37.

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MAN ASHAMED OF PARENTS WHO BORROW MONEY JUST TO LOOK RICH DURING CNY

While people are renting a boyfriend during CNY, my parents are "renting" money so that we can have enough to buy oranges, clothes and to give Hong Baos to our relatives' children so as to prevent our relatives from looking down on our plight. However, my parents are very traditional and 爱面子, so they will usually get into a lot of debts for CNY, then there will be a lot of quarrels over money subsequently after CNY.

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S’PORE GOVT OWES $324.2 BILLION TO CPF MEMBERS, MORE TRANSPARENCY NEEDED?

Are we the only developing or developed country in the world that is arguably non-transparent, as there is no disclosure on the rate of return derived from our pension funds relative to the weighted average interest rate paid on all our CPF accounts (Ordinary, Special, Medisave and Retirement accounts)? Also, does it mean that our domestic debt owed to CPF members is $324.2 billion?

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CHIOBU RAGES AT MAN ONLINE FOR REFUSING TO PAY UP $1300 LOAN

This guy named Derrick Tan Wei Jian here owed my friend's money for two years plus and refused to return her money. He keep on dragging, blue tick her, refusing to answer her husband calls and her calls. What type of guy are you? Used her card to swipe for those thai siambu and treated them drinks using her card(He sign with his own signature) when she was drunk.

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BEWARE OF THIS CHEAT FILIPINO FT, DO NOT EVER RENT YOUR HOME TO HIM

This man in the photo has lived in my house for years. Initially he used to pay rent on time for the past 2 years but lately he has been stalling payment for quite some time and has not returned the money back. Apart from that he borrowed from my mother a certain amount. Little did we know that this guy had borrowing from my mum a lot of cash and also he has not paid rent for a number of months. He has gone around borrowing from licensed money lenders which they have been coming to my place for the past few months, with the amount he has borrowed. The letters of him borrowing the amount is constantly being sent to my place.

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RECORD NUMBER OF S’POREANS DEFAULTING ON UNSECURED LOANS & DEBT

Missing two or more months of debt payments may indicate a likely default situation, incurring non-payment penalties as well as interest at as much as 25 per cent per annum – the beginning of the road to possible bankruptcy. As I understand that the 85,352 who didn’t pay do not include those who could not pay licensed and illegal moneylenders – if we include these – are we looking at perhaps over a hundred thousand who may have difficulty paying their debt repayments?

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