Singaporeans borrowed from illegal loan sharks, and they got debt collectors to collect money. Only the wise borrowers will almost not got their front door poured with paints. These smart borrowers will go to make a police report against the loan shark when the time comes for them about to pay. They make photostat of the report and paste it on their front door and also install a private CCTV. This is in a way of borrowing without paying back.
Some people borrow money from loan sharks then report them to the police and behaving like a victim...maybe people who gives business to loan sharks be prosecuted too because they are the reason loan sharks exist.
@@johnwig285 there's no experience needed to see how both Ah long and debt collectors humiliate and shame borrower in from of everybody. It doesn't matter who is right or wrong but shaming people in public, telling everyone around that this person borrowed money is disgusting especially during this epidemic.
And,thks ah guys!!!U guys really worked hard to collect back debts from some ANIMALS I would say!!!Not an easy job ah,good work guys!!!I respect & salute u all!!!XD 👍🏻👍🏻👍🏻✌🏻✌🏻✌🏻👊🏻👊🏻👊🏻
Should be illegal regardless, shouldn't not have given loan to high risk people. In US, if you don't repay debt they just nuke your credit score and make your life hard since you can't borrow money, rent/buy house, cars etc.
It's not just about loan, but also unpaid invoices. In many industries it's expected to for payment to be given after job completion. There's not much recourse if the buyer runs away without payment as the police cannot help you.
@@user-oh6wb5rj2q Regardless of who pays or deliver the service first, if the other party runs away afterwards you don't really have a recourse except debt collectors
@gam mal the police won't help you regarding loans/bad payments. All these are considered under civil law. That's how those ah beng handphone shop can survive for so long despite scamming so many people lol
Just be careful no to take too tempting and lucrative lending offer. There is always a trap behind it. The same applies to countries who try to grab nations realty assets.
Lol is this so misleading. Debt collector follows the rules. Loan Sharks do not, they work outside of the system to get 100% of their money back or your life. In the end? Don't borrow money that you can't pay back.
@@rogerlee6289 So they are no different from loan shark. Their job is still "bang the door, where's my boss's money?" and it's still "pay up or we will humiliate and shame you". And yes, I agree that people shouldn't make loans if they can't return the payment
If you borrow money and cant pay it back then thats your fault, not the lender's
Singaporeans borrowed from illegal loan sharks, and they got debt collectors to collect money. Only the wise borrowers will almost not got their front door poured with paints. These smart borrowers will go to make a police report against the loan shark when the time comes for them about to pay. They make photostat of the report and paste it on their front door and also install a private CCTV. This is in a way of borrowing without paying back.
Some people borrow money from loan sharks then report them to the police and behaving like a victim...maybe people who gives business to loan sharks be prosecuted too because they are the reason loan sharks exist.
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I remember watching Vice Indonesia video about Indonesian debt collectors, and this "new era" of debt collecting is indeed true
ok lah, still money
How lazy people earn money:
Borrow money from loan sharks and call police
Modern problems require modern solutions
That's 200iq tho high risk high reward especially if you know someone who works for the police
loan shark = we pour red paint on your wall
debt collector = we show up at your CNY reunion dinner(mental game)
Take the kitchen knife to chase those debt collector who show up at your door during CNY eve or CNY day 1. Chop off their hands and legs .
What I learnt is to never borrow money from anyone even if it’s your mum.
There's no difference.
Both ah long and debt collectors are there to humiliate and shame you multiple times in front of everybody.
If you owe it, pay it. If you can't, call them and set up a payment plan. Voice of experience from 20 years ago..
The accounts department looking guy is usually the most nefarious one during tortures. The one that pulls out your fingernails
Don't act like ah longs in the first place and don't act innocent.
I still prefer death rather than being in-debt 😔😔
U crazy
You are actually in debt when you swipe your credit card, and if you are going to buy a house, most likely you will be in debt. So please don't die.
when you were born you are already in debt. Its called TAX
people go to ah long when they have no other option to put food on the table
Don't owe money.
Very good and funny videos bring a great sense of entertainment!
Aiyah, same lah no need to explain. Birds of a feather flock together.
Just don't borrow money from them, why put yourself in debt and misery by choice...
Debt Collectors are no difference as Ah Longs...no need to run around the bush denying
Base on experience ah abg?🙈
@@trafficmonsoonacademy562
All are link...was even informed that legal money lenders are also getting sources from Ah Long...
@@ranasinghereubenelvisseyad5096 oi you don't pay then suffer lah bodoh
How u know? Got borrow before then nvr pay back then kena then now play victim?
@@johnwig285 there's no experience needed to see how both Ah long and debt collectors humiliate and shame borrower in from of everybody.
It doesn't matter who is right or wrong but shaming people in public, telling everyone around that this person borrowed money is disgusting especially during this epidemic.
And,thks ah guys!!!U guys really worked hard to collect back debts from some ANIMALS I would say!!!Not an easy job ah,good work guys!!!I respect & salute u all!!!XD 👍🏻👍🏻👍🏻✌🏻✌🏻✌🏻👊🏻👊🏻👊🏻
Debt collectors = licensed and pay tax
Loan shark = unlicensed and didnt pay tax
Still acts like ah longs
Should be illegal regardless, shouldn't not have given loan to high risk people. In US, if you don't repay debt they just nuke your credit score and make your life hard since you can't borrow money, rent/buy house, cars etc.
It's not just about loan, but also unpaid invoices. In many industries it's expected to for payment to be given after job completion. There's not much recourse if the buyer runs away without payment as the police cannot help you.
@@franklee8032 Why not pay first then manufacture?
@@user-oh6wb5rj2q Regardless of who pays or deliver the service first, if the other party runs away afterwards you don't really have a recourse except debt collectors
@gam mal the police won't help you regarding loans/bad payments. All these are considered under civil law. That's how those ah beng handphone shop can survive for so long despite scamming so many people lol
Haha, justify justify justify, bloody loansharks
Just be careful no to take too tempting and lucrative lending offer. There is always a trap behind it. The same applies to countries who try to grab nations realty assets.
Loan shark say loan shark trying to cover up
Lol is this so misleading. Debt collector follows the rules. Loan Sharks do not, they work outside of the system to get 100% of their money back or your life. In the end? Don't borrow money that you can't pay back.
Yeah but both still do humiliate and shame the borrowers.
They should relax a little especially during this epidemic.
@@muhammadrauf2600 or just keep up with your payments and or don’t take out loan you can’t payoff...
@@rogerlee6289 I agree but do people deserve to be humiliate and shame for their mistakes?
@@muhammadrauf2600 I look at it as a wake up call to do better and get his/her finance check.
@@rogerlee6289
So they are no different from loan shark.
Their job is still "bang the door, where's my boss's money?" and it's still "pay up or we will humiliate and shame you".
And yes, I agree that people shouldn't make loans if they can't return the payment
But won't loan sharks also can just say that we're not a loan shark.
Of course la you not loan shark cuz you are human being
if u hv nothing to lose as a borrow, why not turn the tides and go after these. shark eat shark. i want to see this show
All these so boring …
U all should see debt collector going to temple celebration to find the conman … that’s epic
How to apply is job?
*Not loan shark
"legal loan shark"
Wow I think only in Indonesia. Singapur also has like this.🤔
Every country has it....
The diff btw them n sh long is they pay tax n sh long dun.
Bank oso don't chase like tt.rubbish businesses
We got big job for u guys..... assignemt ..... go chase return our c p ....
Arrest these hooligans!
Guy on right looks a bit like Psy in the thumbnail
Firstly why G legalised money lending 🤔
Loan shark you call debt collectors
Lock down you call circuit breaker
Not happy you call underhappy
Get a real "job" la
It is a real job bodoh. In the UK they even have a official uniformed department dedicated to this.
John Wig this is a gay job
@@johnwig285 then do that stupid job away from Singapore, most Singaporeans work hard for their own money and a really great job
@@johnwig285 you probably work under them low life
Very good and funny videos bring a great sense of entertainment!