Loansharks nowadays are scamming and trapping innocent Singaporeans
I have come to realise that loan sharks nowadays are trapping innocent Singaporeans without even giving them any loans. I don't see adequate news available to show Singaporeans the methods of these loan sharks and would like to seek your help in posting these news so that our fellow citizens do not get caught unaware and trapped...
When Your CPF Is Hollowed Out With A 99 Year Depreciating Lease
Let say you get marry at 25 years old. When u buy a 99 years lease resale HDB for 400K using CPF. When you are retired , how is one able to top up the CPF using the lease buyback scheme which pays for remaining lease value rather than time appreciated asset. So you owe your own CPF account Money + accrued interest ? At 60 years...
CPF’s sly wording on the draw-down age option
The CPF Board do send out letters to those approaching their cohort draw-down age. For those borned in 1953, it’s their 64th Birthdays. There after, I believe it is 65. The sly way they put it, is to suggest that you could delay your draw-down and receive more per month. That applies to both Minimum Sum Scheme or those who...
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