Debt Management, Restructuring, Consolidation Schemes: What’s the difference?
Someone asked me what’s the difference between the Debt Management Plan, Debt Restructuring Scheme and the Debt Consolidation Plan? Let me try to explain briefly in layman’s terms. If you have unsecured debts like credit cards, credit lines – you can go to one of the regular briefings done by Credit Counselling Singapore. They...
Elderly women ‘expect to work’ up 3 times?
I refer to the article “Singaporeans expect to work for longer as 70 becomes the new 60: Survey” (Straits Times, Oct 27). It states that “Survey respondents were more likely to report that they expected to work past age 65 if they were male, low-educated, low-wealth, single, or healthy, the figures showed. Is it any surprise...
Transfer hospital by car, not ambulance – no subsidy?
I refer to the article “Patient could not get place in SGH, hit with $78k bill” (Straits Times, Oct 11). It states that “Besides the request to help pay his bill of about $80,000, the family claims Mr Thomas Lukose, 55, could not get a place in a public hospital. The appeal on the website says: “We have been trying to...
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