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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore,  pop over and join in the fun.

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Old 27-12-2013, 11:30 AM
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Thumbs up Moneyline, CashPlus, Ready Credit, Creditable, Etc : Line Of Credit=more debts??

An honorable member of the Coffee Shop Has Just Posted the Following:

Was at the bank this morning to do some transaction noticed quite a number of people, queuing to make payment for their Line of Credit. The interest chargeable is pretty high, as I have received calls from these banks to apply and make use of these Line of Credit.

Moneyline, Cashplus, RC, etc, are just some of the more fanciful names. End of the day, interest is being charged and a person is paying through their nose.

While I understand the amount is normally 4X a person's salary, what ever happened to saving for a rainy day, or in this age, instant gratification is all that counts.


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