Advice from a Superscale Office in the Civil Service

[scroobal]

She collects $14,000 a month and she tells people to get loan from legal channels. Who in his right mind would pay interest many many times over in the first place if they can get at a much cheaper rate from legal channels.

People who borrow are desperate albeit we have gamblers and low lives but there are also those who borrow for medical and basic essentials for their family some who need milk and school books.

She would do us all good if she can concentrate on law enforcement instead of spewing rubbish.



Singapore Police Force Public Affairs Department director Ng Guat Ting said: "It is fortunate, so far, that these harassment tactics like setting fire at debtors' units have not caused any serious injuries.

"However, innocent lives may be lost if the fire had gone out of control. We just need one unfortunate case to regret (it)."

Assistant Commissioner Ng advised those who needed help to apply for loans through legal channels.

 

[LeMans2011]

She collects $14,000 a month and she tells people to get loan from legal channels. Who in his right mind would pay interest many many times over in the first place if they can get at a much cheaper rate from legal channels.

People who borrow are desperate albeit we have gamblers and low lives but there are also those who borrow for medical and basic essentials for their family some who need milk and school books.

She would do us all good if she can concentrate on law enforcement instead of spewing rubbish.



Singapore Police Force Public Affairs Department director Ng Guat Ting said: "It is fortunate, so far, that these harassment tactics like setting fire at debtors' units have not caused any serious injuries.

"However, innocent lives may be lost if the fire had gone out of control. We just need one unfortunate case to regret (it)."

Assistant Commissioner Ng advised those who needed help to apply for loans through legal channels.

Haha she should have just said "do not" get loans from illegal channels. To me the motive of her saying these things is to divert the focus towards the borrowers. I could say if the police are more effective in eradicating loan sharks, then these incidences will not happen.

 

[makapaaa]

Is the pay of such out-of-touch civil servants be subjected to Gerard Ee's review to bring them back to the ground?

 

[karmabear]

Is the pay of such out-of-touch civil servants be subjected to Gerard Ee's review to bring them back to the ground?

From the public affairs department, which means everything is about taiji. We are doing a good job. If fire is set to HDB apartments, it's the flat owners problem.

 

[GoldenDragon]

She collects $14,000 a month and she tells people to get loan from legal channels. Who in his right mind would pay interest many many times over in the first place if they can get at a much cheaper rate from legal channels.

People who borrow are desperate albeit we have gamblers and low lives but there are also those who borrow for medical and basic essentials for their family some who need milk and school books.

She would do us all good if she can concentrate on law enforcement instead of spewing rubbish.



Singapore Police Force Public Affairs Department director Ng Guat Ting said: "It is fortunate, so far, that these harassment tactics like setting fire at debtors' units have not caused any serious injuries.

"However, innocent lives may be lost if the fire had gone out of control. We just need one unfortunate case to regret (it)."

Assistant Commissioner Ng advised those who needed help to apply for loans through legal channels.

Legal channels now includes licensed moneylenders. They are free to charge whatever interest as long as borrower is agreeable. The problems associated with ah longs is just swept under the carpet. From illegal ah longs, they are now licensed moneylenders, operating in aircon offices and paying taxes.

Sometime last year, when I heard there were changes to the Moneylenders Act, I called their office. I checked if it was ok for moneylenders to charge whatever interest they want. The chap I spoke to was so fearful he chose not to reply. He told me to consult my lawyers!!!!

Advices from these civil servants merely reflects the tai chi culture within the service. They are also well-known to issue motherhood statements.

 

[SIFU]

Haha she should have just said "do not" get loans from illegal channels. To me the motive of her saying these things is to divert the focus towards the borrowers. I could say if the police are more effective in eradicating loan sharks, then these incidences will not happen.

stating the obvious right.

its like me telling that CB kia tonychat not to fuck ladyboys if he can afford real woman.

 

[Bigfuck]

Legal channels now includes licensed moneylenders. They are free to charge whatever interest as long as borrower is agreeable. The problems associated with ah longs is just swept under the carpet. From illegal ah longs, they are now licensed moneylenders, operating in aircon offices and paying taxes.

Sometime last year, when I heard there were changes to the Moneylenders Act, I called their office. I checked if it was ok for moneylenders to charge whatever interest they want. The chap I spoke to was so fearful he chose not to reply. He told me to consult my lawyers!!!!

Advices from these civil servants merely reflects the tai chi culture within the service. They are also well-known to issue motherhood statements.

You are correct. The rates can hit usury rates of 36% if not more. HDB resale scams, car scams and insurance related scams are all tied to the new type legalized usurers.

 

[GoldenDragon]

You are correct. The rates can hit usury rates of 36% if not more. HDB resale scams, car scams and insurance related scams are all tied to the new type legalized usurers.

36% very lucky liao. I assume it is annual rate.

Almost all licensed ah longs I know charge at least 10% a month. Some even 12% and 15% per month. 'Chop head', processing fee etc involved. If banks and finance companies aren't interested, these borrowers are only left with licensed ah longs. It is the fastest way to run road or jump without parachute.

 

[streetsmart73]

From the public affairs department, which means everything is about taiji. We are doing a good job. If fire is set to HDB apartments, it's the flat owners problem.

hi there


1. bro, well defined in pr terms too!

 

[Narong Wongwan]

36% very lucky liao. I assume it is annual rate.

Almost all licensed ah longs I know charge at least 10% a month. Some even 12% and 15% per month. 'Chop head', processing fee etc involved. If banks and finance companies aren't interested, these borrowers are only left with licensed ah longs. It is the fastest way to run road or jump without parachute.

36% monthly rate. With weekly repayment the effective rate is even higher.
More to jump mrt.