Schemes that help you manage repayment

Schemes that help you manage repayment

It is not difficult to understand why debt is the source of major stress and discord in the lives of those immersed in it.
However, all is not lost, because debt consolidation can often provide a valuable solution as long as it is approached wisely.
I was going through some information on the internet and discover this interesting article that I feel it a MUST to share with everyone.

Article was posted on Straitstimes.com website
http://www.straitstimes.com/business/schemes-that-help-you-manage-repayment

More than 13,000 people in Singapore are paying off their unsecured debts through debt repayment programmes

BORROWERS’ PROFILE

The latest Credit Counselling Singapore (CCS) statistics, covering 2014 to last year, indicate

  • 7 in 10 people under the Debt Management Programme (DMP) are males.
  • The 35-44 age band has the highest number, or 40 per cent, of debtors.
  • Nearly two-thirds of debtors are Chinese.
  • About 84 per cent of those under the DMP earn up to $60,000 a year, with monthly incomes averaging $3,359.
  • The average debt size is $100,559.
Read More
  • finance budget and planing

Financial Tools

Improve Your Financial Outlook Even though knowing how to take care of your personal finances is a vital life skill, [...]

  • debtors statistic

Schemes that help you manage repayment

Schemes that help you manage repayment It is not difficult to understand why debt is the source of major stress [...]

  • debt problem in Singapore

Feeling lost over a debt problem?

Feeling lost over a debt problem? When we get into debt, feelings of fear, anxiety, and hopelessness often take over. [...]

  • when u r in debt

What to do when you are in debt…

When you are in debt? Financial experts say racking up a big debt does not take much effort or time. [...]

debtors statistic

Ready to talk?

Get the best package and loan today!

S21 Credit Company Logo - White version
Call Ron now!

6789 6653
2018-01-23T19:23:46+00:00

S21 CREDIT

Blk 704, Ang Mo Kio Ave 8
#01-2545,
Singapore 560704

Phone: 6789 6653

Fax: 6789 7702

Web: S21 Credit - Licensed Moneylender in Singapore

Insight