Hi, I have a problem here concerning my good friend. Hope
someone can enlighten me. Thanks! =)
Recently, my good friend ran into some financial difficulties and
needed cash immediately. He didn't tell me about it until now,
because of pride.
Anyway, my only consolation is he didn't resort to borrowing from
Ah Long San (or maybe he didn't know any). He chanced upon a
Singnet advertisement online recently. Sign up for a 36mth
broadband and get a laptop free. He signed up immediately with no
intention of paying the monthly subscription fees and a week later,
he got the laptop. He sold the laptop for $1,200. I calculated for
him how much 'interest' he had to pay by signing up for the
broadband service (which he doesn't need). That'll be $88/mth x 36
= $3,168. That's a 40% 'interest'!
But now, the real problem is he doesn't have the means to pay the
$88/mth subscription fees as he's working as a hawker earning on
$700+ per mth with a wife and 2mths old baby boy.
I want to enquire, if he doesn't pay up, how will Singtel make him
pay and can they take him to court if he really refuses to pay a
single cent? I hope someone who has knowledge in this area
enlighten me. Thnx.
Happy New Year!
