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Gov Lowers CreditCard Min Income To $20k

kakowi

Alfrescian
Loyal
sorry, the above should read as 'different banks have different tolerances for doubtful debts, not bad debts'
 

Perspective

Alfrescian
Loyal
a selfish move to encourage spending to boost the local economy.. the pap does not trust its people to save money (by holding the money in cpf) and yet trust the people to spend money ???

I never believe in credit. Wait for more defaults and then even the US economy can't save Singapore.
 
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