MAS to roll out changes on credit card, unsecured credit rules

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#10
All the tai yee loong, my guess they are operating in small groups of at most 2-3 people from overseas location that's why the police always never able to nab these people despite so many island wide raids all they have to show for are are under aged school kids, youth delinquents and other debtors who are forced to work as collectors because these ringleaders never shows their face in public no matter what happens, all they do is talk on the phone and intimidate and get other people to do their dirty work.

You always see the "violence", hang a pig head lah, spray paint, grafitti vandalism to mostly cause embarassment at most burn door but nobody has ever gotten hurt or died from all these so it's all a scam to terrorize people. The youths who commit these vandalism are doing it only for easy money, $50 to $100 just do a bit vandalism but I can bet they are smart enough not to cross the line beat somebody up and risk going to jail.

So actually if you step back and think about it the violence are mostly cosmetic it's all about money someone over the phone trying to scare other people into giving it to them. Sales people employ scare tactics too Big Grin
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RE: MAS to roll out changes on credit card, unsecured credit rules - by sgd - 12-09-2013, 12:26 AM

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