-
IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here. The OTHER forum is HERE so please stop asking.
Another reason why Sinkapore is screwed
- Thread starter MarrickG
- Start date
The interest rates are clearly spelt out in the application form for any credit card. I assume the cardholder accepted the terms the conditions.
There is a simple solution to avoid paying the interest and that is to PAY IN FULL at the end of the month!
Can't afford to pay in full?... then don't spend the money in the first place.
Freakin' idiot sinkies:oIo:
LoanShark's rates and conditions are also explained to the borrower and it was agreed by both parties before it is executed. But, they're still illegal. Why? Because they dun pay tax.
Both charges exorbitant interest, the only difference is whether you let the government take a cut from your profit, which is tax.
Both charges exorbitant interest, the only difference is whether you let the government take a cut from your profit, which is tax.
No money means no money, what 55 days roling credit,,,, no money spend 5,000 holiday and can afford 2,000,,,, cheapo,,,,
417,000 so called revolvers in singapore, meaning 10% of the total population, dunno how many % of working adults and % who has/will be jobless,,,,,, i wld suggest banks to get some revolvers and play russian roulette,
if die, bank claim 100% debt from insurance
if clear 1 round and quit, half debt clear
if clear 1 round and die, bank take half debt from insurance
if clear 2 rounds, all debts written off
417,000 so called revolvers in singapore, meaning 10% of the total population, dunno how many % of working adults and % who has/will be jobless,,,,,, i wld suggest banks to get some revolvers and play russian roulette,
if die, bank claim 100% debt from insurance
if clear 1 round and quit, half debt clear
if clear 1 round and die, bank take half debt from insurance
if clear 2 rounds, all debts written off
When you juxtapose the 417,000 (who can only repay part of their CC debts)
with the record HDB resale prices, the highest monthly sales volumes (in May 09 of 1,825 new homes) since URA started providing figures( in 2007), the STI breaching 2,600 point for the first time in 10 months, what conclusion can one draw?
I think many are sinking their monies into shares and properties and borrowing indirectly from their credit cards hoping to make a quick flip.If this is a significant number, the cheap money story that is used to explain the property run may not be so cheap after all.
When will the property and share bubbles start to burst?
with the record HDB resale prices, the highest monthly sales volumes (in May 09 of 1,825 new homes) since URA started providing figures( in 2007), the STI breaching 2,600 point for the first time in 10 months, what conclusion can one draw?
I think many are sinking their monies into shares and properties and borrowing indirectly from their credit cards hoping to make a quick flip.If this is a significant number, the cheap money story that is used to explain the property run may not be so cheap after all.
When will the property and share bubbles start to burst?
Ways to overcome credit roll slavery; From the Confessions of a Shopaholic - My favourite show.
Get a hold of yourself. Only you can take control of your spending habits – therefore your life. Believe you can do it, think it, and you will.
Avoid temptation. Don't pass by the part of the neighborhood where you know you'll be blinded by the window displays and end up walking in and going out with an armload of bags. Shield your eyes if you have to.
Get the support of your friends. Every time you have to go to the mall, bring a buddy with you. That way he or she can talk you out of (or bodily prevent you from) making another unnecessary purchase.
Leave your credit cards at home. These sneaky plastic objects fool us into not feeling the impact of our expenditures immediately. Thus, we buy more as compared to when we use cash. Better yet, destroy your credit cards and hurl them into a pyre! Ah, sweet freedom.
Make a list of the things you own. You can refer to this while browsing through a store. And if something catches your eye, brandish that mighty piece of paper to check if you already have one in your closet. You do? Then move on.
Get a hold of yourself. Only you can take control of your spending habits – therefore your life. Believe you can do it, think it, and you will.
Avoid temptation. Don't pass by the part of the neighborhood where you know you'll be blinded by the window displays and end up walking in and going out with an armload of bags. Shield your eyes if you have to.
Get the support of your friends. Every time you have to go to the mall, bring a buddy with you. That way he or she can talk you out of (or bodily prevent you from) making another unnecessary purchase.
Leave your credit cards at home. These sneaky plastic objects fool us into not feeling the impact of our expenditures immediately. Thus, we buy more as compared to when we use cash. Better yet, destroy your credit cards and hurl them into a pyre! Ah, sweet freedom.
Make a list of the things you own. You can refer to this while browsing through a store. And if something catches your eye, brandish that mighty piece of paper to check if you already have one in your closet. You do? Then move on.
Similar threads
