Licensed Moneylenders Web Of Late Fees Deferred Fees and Tricks and Deception

[CoffeeAhSoh]

Every borrower turning up to take a loan is vulnerable and desperate. The papees do not understand the licensed moneylenders are also vultures, and preemptive measures adopted to cull such vultures. As usual, the papees will do nothing and see nothing until someone is "vulturised" like this poor cleaner.

Its getting more and more common Template .


Govt Policies Got Screwed Up . Next Cover Your Assres by Creating


a "government advisory committee" to look into it .


Any bros keep track on the number of GAC created so far ???

 

[CoffeeAhSoh]

Every borrower turning up to take a loan is vulnerable and desperate. The papees do not understand the licensed moneylenders are also vultures, and preemptive measures adopted to cull such vultures. As usual, the papees will do nothing and see nothing until someone is "vulturised" like this poor cleaner.

they also do not understand that LMs pay Lawyers to scrutinise Govt Acts Rules Etc


and work out schemes to circumvent those Acts and Rules .


SLQ Jover Chew is the Bestest Example .

 

[CoffeeAhSoh]

So, he did not bet on Germany?

He betted his "farm" on its and attracted S T Newspapers x Full Pages on 2 Dec .


This Ah Pek is Stood Up For Sgp . He should be given a National Day Medal .

 

[CoffeeAhSoh]

Borrows $400, faces $600 late-fee charge? How is that different from loansharks?

the Different is that these are Govt Assisted Loansharks who pay Security Deposit to MIN LAW .

they charged more that illegal moneylenders who do not pay security deposit .

 

[CoffeeAhSoh]

David poh is pap crassloot leeder and owns a bungalow in sentosa right?

Yes . This David Poh is the one.

Sentosa Cove 'Death bungalow' sold for $13.6 million

Mr Mark Poh Seng Kui, one of the buyers of the Sentosa Cove bungalow where KTV hostess Ms Li Hong Yan drowned in March, said they are renovating the exterior, as he found the facade too plain.

They are putting in special tiles.


They are spending $1 million to spruce up both the interior and exterior of the place.

This amount includes changing the flooring and the lights, as they say the previous lighting was not bright enough.


Mr Poh said he will still swim in the pool where Ms Li's body was found (left), as it was just an accident.


In just five months, the Sentosa Cove bungalow where a KTV hostess drowned to her death has been sold.

Two brothers - Mr Mark Poh Seng Kui, 49, and Mr David Poh Cheng Seng, 56 - bought the three-storey waterfront bungalow on Ocean Drive at Sentosa Cove for $13.6 million in August this year.

While the price is not something to sneeze at, it is below the sale prices of other properties in the area, especially considering the fact that property prices in Sentosa Cove are heading skywards.


Both brothers, who are aware of the bungalow's history, took only one hour to seal the deal with their real estate agent, according to a report from today's The New Paper.

The $13.6 million price tag translates to $1,690 per sq ft for the 8,049 sq ft plot, a bargain compared to the $2,546 psf price for a smaller seafront bungalow in Sentosa Cove sold a month later.

This means the brothers saved around $6 million by buying the bungalow previously owned by Mr Adrian Chua, the chief executive and founder of real estate investment management firm Roundhill Capital.Mr Chua had moved out of the bungalow after Ms Li Hong Yan, a KTV hostess from China drowned in the swimming pool after a night of laughter, drinking, and sex last March 24.

This doesn't faze the younger Mr Poh, who is the managing director of Nam Leong of which his elder brother is the chairman, told The New Paper: "It was an accident and accidents happen all the time."

He continued: "I've not done bad things, my conscience is clear, so there's nothing to be afraid of."

The brothers, who live in individual units in a Bukit Timah townhouse, plan to use the bungalow as a 'holiday home' for family gatherings.

They are now spending about a million dollars to renovate the bungalow's exterior and interior.



http://forums.vr-zone.com/chit-chat...sa-cove-death-bungalow-sold-13-6-million.html

 

[CoffeeAhSoh]

those who use credit cards and credit line are also in the same predicament.

yes. but MAS is hard on those banks.

 

[CoffeeAhSoh]

So who did he vote for?

he voted for GST rebate and Workfair

 

[CoffeeAhSoh]

Licensed moneylenders are worse than most unlicensed ones thanks to the people who changed the rules and regulations several years ago. From 18% max interest per annum, there is no limit currently. Some idiots just realized their error and they now want to cap it at 4% per month. We must be the only country to allow no limit on interest charged.

These are supposed to be the Bestest of our beloved land .


but the Bengs at LMs are laughing to their banks and making a mockery

of those Bestest of the Bestest at MINLAW .