Tag Archives: Debts

GOVT INSINCERE IN HELPING SINGAPOREANS WITH HUGE DEBTS

As to “of the 1,000 applications for what is called the Repayment Assistance Scheme (RAS), close to 400 have been approved since it was started by the Association of Banks in Singapore (ABS) last month. Is this very low rate due partly to “applicants also need a good payment record with financial institutions”? How likely is it that people with huge debts have “a good payment record with financial institutions”?

Read More »