Owe $ Pay $

Ladies and Gentlemen... This was written on your walls if you borrowed from a loanshark and could not pay... Chicken heads.. pigs heads and all other heads would be hung on your gate if you still did not pay..

Now not only is the hanging or painting illegal... the actual borrowing of money from an unauthorised money lender may become illegal also... hmmmmm... interesting... If you need money..., u go to some place... u must get a stamp of approval that the place is authorised... or else.....

But actually... if I did not have a job, had to feed family and send children to school and jus needed something to tide me over till my next cheque comes in... will a proper money lending place give me the money??? Ooops I mean lend me the money? Nope... probably they will check your credit status, then your consolidated balance sheet, CPF contributions... blah blah blah... and then tell you... "Sorry mate... you are a credit risk and as such we cannot lend you any money"... so back to square one after that charade of checks... So where can we borrow money from? If our relatives are in similar situations, they will be of no help... If our friends are also of similar situation, they will also be of no help... Can we approach any tom dick or Mary to lend us the money? Nope... I guess not too... So we are screwed...

There are avenues... CDC's or some other local govt arms and NGO's but then lets face it... with so many in desperate need right now... I do think that they are swamped... And even if they are swatting flies because their acronyms are so mysterious that some people mistake them for a multi level marketing company and dare not enter the doorway, they will still not lend us any money because if we were such a credit risk before... it will not change the situation now...

Let us take an extreme example... Mr Lim Ah Kao has finished uni... he just married the girl of his dreams, bought the HDB flat of his dreams, joined the company of his dreams and bought the KIA or Hyundai of his dreams... Now his whole world is collapsing because of the fact that his child is now diagnosed with some form of wierd disease and the doctor wants 30k to treat the child... Mr. Lim Ah Kao is leverged up to his eyeballs and beyond... can he approach the banks and ask for some cash? Does he have anything in his CPF or Medisave?? Can he use the whole amount in the first place? So he is now so royally screwed that he must be wishing that he dreamt less when he could.... Where can he find money? His parents have already waved the white flag because they are still trying to pay off his study loan and his stupid wedding dinner... Of course he has to repay them somehow too... His friends? Well if we as human beings hang out with people who are surprisingly similar... So friends wise... they can't help....

Will he approach the MP and ask for help? What can the MP do? His neighbours?? He just moved in... So he is up sh*t creek without as much as a paddle... Maybe he has to ask the "illegal money lenders".. No choice... and of course the repayment will be so unreasonable he will wish doubly that he should not have dreamt for so much... So how?