85,000 customers have overdue credit card payments

dancingshoes · Oct 5, 2015

The amount of overdue balances also rose to $288m, compared to $269m in 2014 and $242m in 2013.
This number is higher than the 77,494 customers who have missed two or more of their unsecured credit payments in the same period last year.

https://sg.finance.yahoo.com/news/unpaid-unsecured-consumer-debt-ballooned-075100232.html

Cerebral · Oct 5, 2015

dancingshoes said:
The amount of overdue balances also rose to $288m, compared to $269m in 2014 and $242m in 2013.
This number is higher than the 77,494 customers who have missed two or more of their unsecured credit payments in the same period last year.

https://sg.finance.yahoo.com/news/unpaid-unsecured-consumer-debt-ballooned-075100232.html

Errr..... more citizens and more PR means more unsecured credit right? Based on same %tage of overdue, the number will definitely be higher.... correct bo

virus · Oct 6, 2015

Definitely fap supporters. Definitely a fraction of real numbers of loser stucked with high bills.

congo9 · Oct 6, 2015

dancingshoes said:
The amount of overdue balances also rose to $288m, compared to $269m in 2014 and $242m in 2013.
This number is higher than the 77,494 customers who have missed two or more of their unsecured credit payments in the same period last year.

https://sg.finance.yahoo.com/news/unpaid-unsecured-consumer-debt-ballooned-075100232.html

Bank has been very aggressive into pushing unsecured loans through CC this few months.

no_faith · Oct 6, 2015

congo9 said:
Bank has been very aggressive into pushing unsecured loans through CC this few months.

They might be pushy but loans will still pending for profile scanning and apporval.
I attended credit counselling lecture. Bankruptcy statistics has increase gradually. Rules has changed.

dancingshoes · Oct 6, 2015

i tend to over spend when i was younger, i have since cancelled all credit cards.

no_faith · Oct 6, 2015

dancingshoes said:
i tend to over spend when i was younger, i have since cancelled all credit cards.

Cash is king. Why use card? :biggrin:

Cerebral · Oct 6, 2015

no_faith said:
Cash is king. Why use card?

Not card but loans are great for leveraging.

dancingshoes · Oct 6, 2015

no_faith said:
Cash is king. Why use card?

not all sinkies can have a card, when i was working in corporate world, i was in the fast lane.

kopirui · Oct 6, 2015

the 85000 dumb fucks are the same group that dragged all sinkie down.
now they have a chance to say : see, i told you,sinkie cant manage their own $, not to talk about cpf.

85,000 customers have overdue credit card payments

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