Credit debt

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Sukisundar Member

Member since 15 July 2017

SukisundarMember15 July 2017 14:56:46

I am owing 12 k in two banks.but i dont have that much fund.but now i am working in singapore.if i will not pay my debt it will affect my job and my future.so pls advise in this concern.thanks

surya2k VIP Member

Member since 22 June 2014

surya2kVIP Member15 July 2017 16:24:19

2890

What kind of advice you need from here? Only way to save your job and career in Singapore is to discuss with the banks and tell them that present you are unable to pay but plan a monthly minimum payment for over a years so that you can clear the payment. Or else there is no other way to overcome this issue. Good luck

beppi Germany - Singapore Expert

Member since 08 August 2010

Germany & Singapore Expert

beppiGermany - Singapore Expert15 July 2017 21:11:04

15377

Bad financial planning is not a crime, and happens to many. It's the way you deal with it that may make it a problem.
Not doing anything might cause the bank to sue you - and that will endanger your future in Singapore.
Finding a solution with the bank (and learning from it for the future) is the far better option.

Sukisundar Member

Member since 15 July 2017

SukisundarMember17 July 2017 15:42:37

Ok thanks

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