HWZ Forums

Login Register FAQ Mark Forums Read

Loan Shark Harassment and how to stop it

Like Tree149Likes
Closed Thread
 
LinkBack Thread Tools
Old 19-10-2018, 10:17 AM   #5311
Junior Member
 
Join Date: Sep 2006
Posts: 27
Meaning you are potential money tree for the Loansharks. Once they shake you and money will drop.

Pls stop paying them. If not you will become botak tree. Do read from the start of this thread.

They are for sure not going to get anything from me and I made it clear to him from the onset once the situation started to turn sour.

My message was clear. I donít have any more money to give and you will not see a single $ coming out of me. Then more threats and eventually gone silent.

I did not even once beg to leave me alone or ask not to contact me. Even told him that my Wife and family are made aware already so good luck in contacting them. Lastly told him the next time you make contact Iíll be reporting to police.
I donít live in a HDB so to some extent there is security. But they could tailgate and come to my unit nevertheless.
I live next door to a gentleman who works in CID division (not that he will be able to do anything or not) and he works nights so usually their door is always open and they have a fierce dog who will bark without fail and then trigger my own dog to bark. That might not be much but for now itís something.

In the meanwhile Iíll work out a CCTV installation.
winster is offline  
Old 19-10-2018, 10:23 AM   #5312
Junior Member
 
Join Date: Jun 2018
Posts: 65
U mean the loan shark ?
Nope for lml.. LS a big challenge follow what the peeps here have advised best way..
Zane601000 is offline  
Old 19-10-2018, 10:28 AM   #5313
Junior Member
 
Join Date: Jun 2018
Posts: 65
For unlicensed, you go SPF better. Whatever agencies you engage also not practical one.
I agree with that..For license atleast there's law but just take it if the DC disturb..
Zane601000 is offline  
Old 19-10-2018, 10:35 AM   #5314
Master Member
 
Join Date: Aug 2018
Posts: 3,158
Get cctv and also inform your NOK and workplace that you got scammed. And ignore. Small amount. No need to worry much, really.

Hi, so my amount is relatively small, i borrowed from a man who claimed to be licensed, he had certs and license numbers and even had supposed backing from a licensed moneylender company. After a few weeks it was apparent he wasn't legit.

i only borrowed 200 and have more or less paid back everything via deferments. Upon reading the advice of everyone here I went to make a police report and changed my singpass ID and stuff.

What else can I do?
JamieJimmyNg is offline  
Old 19-10-2018, 10:40 AM   #5315
Master Member
 
Join Date: Aug 2018
Posts: 3,158
Yes. Once you be tougher and fierce, they can’t get to you. Which is the message we are sending across to all new borrowers with issues now. If you give in to your fears, they will continue shake you like money tree til you have nothing to give and they will still force you. So read from the beginning of this thread and you will know how to handle all these idiots.

They are for sure not going to get anything from me and I made it clear to him from the onset once the situation started to turn sour.

My message was clear. I don’t have any more money to give and you will not see a single $ coming out of me. Then more threats and eventually gone silent.

I did not even once beg to leave me alone or ask not to contact me. Even told him that my Wife and family are made aware already so good luck in contacting them. Lastly told him the next time you make contact I’ll be reporting to police.
I don’t live in a HDB so to some extent there is security. But they could tailgate and come to my unit nevertheless.
I live next door to a gentleman who works in CID division (not that he will be able to do anything or not) and he works nights so usually their door is always open and they have a fierce dog who will bark without fail and then trigger my own dog to bark. That might not be much but for now it’s something.

In the meanwhile I’ll work out a CCTV installation.
JamieJimmyNg is offline  
Old 19-10-2018, 10:45 AM   #5316
Senior Member
 
Join Date: Apr 2018
Posts: 729
Thanks for the messages and advices.

May I ask what it means ďI am classified as a good legĒ please.

Since blocking both numbers I have not received any more calls or messages. There was not a due date stated either.
I intend to play the waiting game to begin with.

My primary concern is whether if they will turn up at my door and post any posters etc.
Next my Wife, but I can always explain if they contact her.
Lastly my office. We donít have physical phones since we use Skype so I could always ignore the calls. I usually know the number that call in. Unless they get smarter and call the reception asking for me. If that happens then Iíll speak to HR to indicate I been scammed. I donít think there is much to do after that.

Speak of scams, by now I gather the below,
There is never any intention to disburse the original loan requested.
Their MO is to get the unsuspecting individual into this vicious cycle of paying more and more on the pretext of late payments.
Once they know you are fearful of them they will go on forever.
However, if once they realise there is no way of getting money out of you and as Long as you donít owe them nothing their intensity will gradually diminish.
This is not money lending albeit for high interest rates. This is a clearly a form of extortion using the dirtiest of scare tactics.
Good leg mean kiasi type will always pay promptly..
Hiong leg means ppl like me who from good leg initially but now have no intention to pay Liao.
Jjlin1205 is offline  
Old 19-10-2018, 12:00 PM   #5317
Member
 
Join Date: Sep 2018
Posts: 300
Hi, so my amount is relatively small, i borrowed from a man who claimed to be licensed, he had certs and license numbers and even had supposed backing from a licensed moneylender company. After a few weeks it was apparent he wasn't legit.

i only borrowed 200 and have more or less paid back everything via deferments. Upon reading the advice of everyone here I went to make a police report and changed my singpass ID and stuff.

What else can I do?
Where did u saw the advert...? Got sign contract...? If not itís illegal... then stop paying if u have paid finish...
Plzhalp is offline  
Old 19-10-2018, 12:07 PM   #5318
Junior Member
 
Join Date: Oct 2018
Posts: 8
Where did u saw the advert...? Got sign contract...? If not it’s illegal... then stop paying if u have paid finish...
It was online, propped up by SEO, i think. It was being promoted, claimed to be backed up by licensed moneylenders.

Not legal, no contract. My deferments have paid off double the amount that i'd borrowed. Have made a police report, planning to block number, and considering changing bank account number. Also talked to the people behind Singapore Anti-loanshark.
EmmaNeedsHelp is offline  
Old 19-10-2018, 12:12 PM   #5319
Junior Member
 
Join Date: Oct 2018
Posts: 8
Get cctv and also inform your NOK and workplace that you got scammed. And ignore. Small amount. No need to worry much, really.
How do you inform them in the most discreet way possible? Do i claim that they stole my ic or my phone deets?
EmmaNeedsHelp is offline  
Old 19-10-2018, 12:15 PM   #5320
Member
 
Join Date: Sep 2018
Posts: 300
It was online, propped up by SEO, i think. It was being promoted, claimed to be backed up by licensed moneylenders.

Not legal, no contract. My deferments have paid off double the amount that i'd borrowed. Have made a police report, planning to block number, and considering changing bank account number. Also talked to the people behind Singapore Anti-loanshark.
Whatís SEO...? Legal licensed money lender cannot advertise online.... close ur bank account...
Plzhalp is offline  
Old 19-10-2018, 12:22 PM   #5321
Junior Member
 
Join Date: Oct 2018
Posts: 8
Whatís SEO...? Legal licensed money lender cannot advertise online.... close ur bank account...
Search Engine Optimization. How do you change a bank account and will your pay then be transferred there? I'm changing jobs soon (unrelated to this).
EmmaNeedsHelp is offline  
Old 19-10-2018, 12:55 PM   #5322
Master Member
 
Join Date: Aug 2018
Posts: 3,158
Don’t bother to talk to the people at Singapore anti Loansharks. They will ask you for a fee. For me, it was a close buddy who paid more than 10k and he decided to seek the advices here. Now he is doing much even though his door got splashed. And runner was being caught.

It was online, propped up by SEO, i think. It was being promoted, claimed to be backed up by licensed moneylenders.

Not legal, no contract. My deferments have paid off double the amount that i'd borrowed. Have made a police report, planning to block number, and considering changing bank account number. Also talked to the people behind Singapore Anti-loanshark.
JamieJimmyNg is offline  
Old 19-10-2018, 12:56 PM   #5323
Master Member
 
Join Date: Aug 2018
Posts: 3,158
This one You have to give your bank instructions and information for your company to credit your salary to.

Search Engine Optimization. How do you change a bank account and will your pay then be transferred there? I'm changing jobs soon (unrelated to this).
JamieJimmyNg is offline  
Old 19-10-2018, 12:57 PM   #5324
Master Member
 
Join Date: Aug 2018
Posts: 3,158
I don’t know how you are going to inform them. But you could tell them that you were being scammed and now you are being harassed.

How do you inform them in the most discreet way possible? Do i claim that they stole my ic or my phone deets?
JamieJimmyNg is offline  
Old 19-10-2018, 01:06 PM   #5325
Member
 
Join Date: Sep 2018
Posts: 453
Powerful....

They are for sure not going to get anything from me and I made it clear to him from the onset once the situation started to turn sour.

My message was clear. I don’t have any more money to give and you will not see a single $ coming out of me. Then more threats and eventually gone silent.

I did not even once beg to leave me alone or ask not to contact me. Even told him that my Wife and family are made aware already so good luck in contacting them. Lastly told him the next time you make contact I’ll be reporting to police.
I don’t live in a HDB so to some extent there is security. But they could tailgate and come to my unit nevertheless.
I live next door to a gentleman who works in CID division (not that he will be able to do anything or not) and he works nights so usually their door is always open and they have a fierce dog who will bark without fail and then trigger my own dog to bark. That might not be much but for now it’s something.

In the meanwhile I’ll work out a CCTV installation.
chulu2810 is offline  
Closed Thread
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On