DBS Bank deducts payment from NS allowance, leaves only $1

last SG · 2006-01-17T14:47:22+00:00

Tell you generally liao. If you go person by person, definitely not the case.

Homebody SG

Just declare bankrupt. Makes life easier.

shinta SG

yea those charges will add on to the principal amount de..

when u say 100, they will deduct just 100..

whateva charges incurred will just add on and become the "new" total amount owing.. they won't deduct more than 100 each time..

and cos the interest n charges etc adds on.. so u pay more (interest is is computed like this: int rate ＊ (total amount owing + late pymt charges) )

den the next mth will be (total amount owing - amt paid + later pymt charges + int incurred) * int rates

[email protected] SG

u realise that depressed is being sarcastic? Laughing

AF2005 SG

from the article, the writer should not be paying any school fees if he is a singaporean and based on his family income. There is no need to borrow from the bank. The poly will have a scheme for him to subsidise his school fees.

Our Goh CT says no poor person will be left out of the education system even for poly and university.

[email protected] SG

our Goh CT wasn't reckoning on the businesses owned by people with connections to the govt not hearing his speech. Laughing

hisoka SG

he say you believe?

[email protected] SG

Laughing
not that people dun believe.

but, not all the business listened to that speech

hisoka SG

Laughing

so they never follow orders hor

AF2005 SG

actually it is those that are born in okay, marginal exceeding ceiling income to well to do family that borrow from the bank, except the rich ones. Because they do not qualify for the fees subsidy based on marginal family income ceiling and not much "spare cash" left over from families for school fees and spending allowances and have to buy a notebook. so called stuck in the middle families, too rich to qualify for assistance and too poor to do without any assistance.

It will be bad if two or more children study uni or poly same time. The expensive school fees is a big burden on family.

so much for our very expensive subsidised poly and uni fees. SMU is even more expensive.

The mendaki subsidise 100% fees for family income below $2000 and 70% for income between $2K to $3K. This Should apply to all across the board.

and even worse if they stay 5 rm hdb above and earn marginal income, as these are classified as well to do families. Gov has a habit of classify well to do and not well to do according to housing type.

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