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Loan Shark Harassment and how to stop it

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Old 11-07-2018, 04:24 PM   #1801
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Hahaaha..sop leh they also threaten to beat up my elderly parents..I told them come lo.
The funny part is the ending he say take care bye.
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Old 11-07-2018, 04:25 PM   #1802
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WhatsApp ah long is those deferred payment type old school ah loan is those let u pay in 5installment weekly
Actually my friend recently educated me that even old school ah long have a few types.

1) Daily loan (loan 1k, repay 1200 spread over 30 days, each day pay 40)

2) weekly loan (loan 1k, repay 1200 in 7 days, which is 1k loan + $200 interest)

3) instalment loan (loan 1k, repay 300 every week for 4 weeks)

4) "chop head" loan (loan 1k, cash back 800, repay 1k in 7 days)

Also, the standard old school ah long rate outside is $200 interest for every $1000 loan. So you can keep paying only the interest every week if legit cannot come up with the $1000 to clear the loan.

Got a few types lah, but old school ah longs don't ask you to make defer payment when you can clear, because either way they will get their "interest" when you clear. It's the WhatsApp ah longs that keep asking for defer payment because that's where they earn money from. All the so called clearance payment just goes to other borrows so they don't earn any from there.

Last edited by khunjuno; 11-07-2018 at 04:28 PM.. Reason: for additional info
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Old 11-07-2018, 04:38 PM   #1803
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Actually my friend recently educated me that even old school ah long have a few types.

1) Daily loan (loan 1k, repay 1200 spread over 30 days, each day pay 40)

2) weekly loan (loan 1k, repay 1200 in 7 days, which is 1k loan + $200 interest)

3) instalment loan (loan 1k, repay 300 every week for 4 weeks)

4) "chop head" loan (loan 1k, cash back 800, repay 1k in 7 days)

Also, the standard old school ah long rate outside is $200 interest for every $1000 loan. So you can keep paying only the interest every week if legit cannot come up with the $1000 to clear the loan.

Got a few types lah, but old school ah longs don't ask you to make defer payment when you can clear, because either way they will get their "interest" when you clear. It's the WhatsApp ah longs that keep asking for defer payment because that's where they earn money from. All the so called clearance payment just goes to other borrows so they don't earn any from there.
Ya..
Old school ah long is 1k take bk 800 weekly 250 for 4 weeks.if cannot pay and u gt base they will use it to offset .how much loan u run...
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Old 11-07-2018, 04:46 PM   #1804
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I think they have shortage of manpower also, because everyone of them said they'll come up to my house when I run their loans, but none of them turned up. I suppose I'm somewhere on their priority list but perhaps not too high that they absolutely have to send someone down on the same day, but I'm not kidding myself that I've been let off yet.
Have they asked u to do jobs for them?
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Old 11-07-2018, 04:48 PM   #1805
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Have they asked u to do jobs for them?
I read news that recently 2 runners got caught..
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Old 11-07-2018, 05:00 PM   #1806
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Ya..
Old school ah long is 1k take bk 800 weekly 250 for 4 weeks.if cannot pay and u gt base they will use it to offset .how much loan u run...
Dunno how to tell you also, because got some ask me pay defer until I pay twice(THRICE???) more than what I owe but still never paid their "clear" amount. Some I pay defer until no more money to pay then report to police.

So officially in my ah long eyes, I have never cleared my loans because everybody been asking me to pay defer LOL, but never paid any clear amount. But mathematically, for those that I never pay defer more than I owe, I probably owe between 2-3k.

Have they asked u to do jobs for them?
The usual, splash paint, take photo of house / pass phone to debtor, burn unit, give ATM card, be ATM runner, lock gate, all got suggest.

Off the top of my head:
1) Splash paint = $500 / unit
2) Burn house = $1000 / unit
3) Lock gate = $50/100??? / unit
4) Give ATM card = 3 months to clear / card
5) ATM runner = 3 months to clear / card
6) Take photo of house / pass phone to debtor = $30 / house


Most of them will force you to do everything other than give ATM card because that's where they don't have to come into contact with you. For ATM card there's some risk involved for them because a handover must take place, and usually they'll ask their debtor or low level runner to do it for them. Kena caught also won't affect their business much.

DO NOT WORK FOR AH LONGS, YOU WILL BE HELD AT RANSOM / EXTORT IN THE EVENT IF YOU EVER DO WISH TO GET OUT OF THEIR SYNDICATE. DO NOT BE STUPID!
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Old 11-07-2018, 05:07 PM   #1807
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Dunno how to tell you also, because got some ask me pay defer until I pay twice(THRICE???) more than what I owe but still never paid their "clear" amount. Some I pay defer until no more money to pay then report to police.

So officially in my ah long eyes, I have never cleared my loans because everybody been asking me to pay defer LOL, but never paid any clear amount. But mathematically, for those that I never pay defer more than I owe, I probably owe between 2-3k.



The usual, splash paint, take photo of house / pass phone to debtor, burn unit, give ATM card, be ATM runner, lock gate, all got suggest.

Off the top of my head:
1) Splash paint = $500 / unit
2) Burn house = $1000 / unit
3) Lock gate = $50/100??? / unit
4) Give ATM card = 3 months to clear / card
5) ATM runner = 3 months to clear / card
6) Take photo of house / pass phone to debtor = $30 / house


Most of them will force you to do everything other than give ATM card because that's where they don't have to come into contact with you. For ATM card there's some risk involved for them because a handover must take place, and usually they'll ask their debtor or low level runner to do it for them. Kena caught also won't affect their business much.

DO NOT WORK FOR AH LONGS, YOU WILL BE HELD AT RANSOM / EXTORT IN THE EVENT IF YOU EVER DO WISH TO GET OUT OF THEIR SYNDICATE. DO NOT BE STUPID!
Surprised that he didnt offer me any jobs.. Straight away threaten to beat up my wife and then goes silence. Haha
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Old 11-07-2018, 05:30 PM   #1808
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Dunno how to tell you also, because got some ask me pay defer until I pay twice(THRICE???) more than what I owe but still never paid their "clear" amount. Some I pay defer until no more money to pay then report to police.

So officially in my ah long eyes, I have never cleared my loans because everybody been asking me to pay defer LOL, but never paid any clear amount. But mathematically, for those that I never pay defer more than I owe, I probably owe between 2-3k.



The usual, splash paint, take photo of house / pass phone to debtor, burn unit, give ATM card, be ATM runner, lock gate, all got suggest.

Off the top of my head:
1) Splash paint = $500 / unit
2) Burn house = $1000 / unit
3) Lock gate = $50/100??? / unit
4) Give ATM card = 3 months to clear / card
5) ATM runner = 3 months to clear / card
6) Take photo of house / pass phone to debtor = $30 / house


Most of them will force you to do everything other than give ATM card because that's where they don't have to come into contact with you. For ATM card there's some risk involved for them because a handover must take place, and usually they'll ask their debtor or low level runner to do it for them. Kena caught also won't affect their business much.

DO NOT WORK FOR AH LONGS, YOU WILL BE HELD AT RANSOM / EXTORT IN THE EVENT IF YOU EVER DO WISH TO GET OUT OF THEIR SYNDICATE. DO NOT BE STUPID!
Burn hse n paint where gt so much half the price only la
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Old 11-07-2018, 05:59 PM   #1809
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Burn hse n paint where gt so much half the price only la
Please share the Loanshark number. Thank
I going to make police report . Just provide the number I will submit to police . Anyone with Loanshark harassment.
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Old 11-07-2018, 06:05 PM   #1810
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Anyone else getting harrass n threatening today?
Me
As usual.. For $200,LS again start doing the cyber harrasement again and again.
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Old 11-07-2018, 06:11 PM   #1811
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Me
As usual.. For $200,LS again start doing the cyber harrasement again and again.
How long has it been? So far how was it?
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Old 11-07-2018, 07:28 PM   #1812
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Burn hse n paint where gt so much half the price only la
One of my ah long say one lah, maybe he not enough runner so he raising his pay so that people will work for him and not MIA.
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Old 11-07-2018, 07:35 PM   #1813
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One of my ah long say one lah, maybe he not enough runner so he raising his pay so that people will work for him and not MIA.
Further loss of money for themselves
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Old 11-07-2018, 07:38 PM   #1814
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Further loss of money for themselves
Please share the Loanshark number. Thank
I going to make police report . Just provide the number I will submit to police . Anyone with Loanshark harassment.
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Old 11-07-2018, 08:12 PM   #1815
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Please share the Loanshark number. Thank
I going to make police report . Just provide the number I will submit to police . Anyone with Loanshark harassment.
Guys and bros, do not provide the LS number here, you may end up revealing your identity.

ctjnini,if you want LS number, simply go google or some web advertisement and you will get it. Don't come here and get bros all into trouble.
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