Unable to make minimum payment, what will happen

  • Need help?
    Reach out to someone from Samaritans of Singapore (24 hours): Call 1-767 or WhatsApp 9151-1767 More info
Status
Not open for further replies.

86technie

High Supremacy Member
Joined
Jun 8, 2006
Messages
40,422
Reaction score
5,988
Disclaimer:
If you don't like me, want to trash me.
Let's do this in person but not here.
Keep to the topic, no insult or anything.

As my job hunts still continue and it's year end
with job opening especially in IT very scarce.
I have been looking for retail jobs but gosh
most have advice me that I will start off as retail trainee
first.

Which means only about a thousand dollar as basic,
the rest it's up to commission.
Why I mention this is recently I seek help from CSC already.

However in the form I am required to have a job in order
to work out a debt repayment plan.
The way I see it soon I will be filling basic salary as about a thousand
or so while working in retail.

With that basic, repayment will be super tough so I will not
know what CSC will say about this.
I have seek help but currently this month and for the first
time my funds have completely dried out. :(

This month minimum payment I find it hard to pay.
I have tried to sell whatever things that I find useless
but as you know second hand goods people want
dirt cheap.

Whether is it a $200 item, they want it $50.
Last time I sold a $8k camera for just $3k. :(
Now it's like feeling how a seizure order feels like if
my financial still don't turn around.

I have no alternatives to borrow or anything.
9 months out of work and Job searching is not easy
but the longer it drags ultimately one day I get sue for sure.

If life really goes on like this, I really want to commit suicide.
Is this how I want to live? Live in debt?
I want to work in retail cuz retail jobs are very fast to get
but thousand only job.

How can that help? I simply cannot figure out.
 

havetheveryfun

High Supremacy Member
Joined
Jul 16, 2010
Messages
29,417
Reaction score
5,613
make up ur mind first.

do you still want to do IT or do retail ?

if do retail, then just go ahead. since you "will not know what CSC has to say", it means you have not discussed with them about it yet. so why not wait till see what they have to say before jumping to conclusions on your own?

if you still want to do IT, then better to try and find a temp or part time job first and continue to search for a better IT job. even at $7-$8 per hour, is definitely more than a thousand.
 

Shion

Senior Mentor
Joined
Oct 24, 2008
Messages
375,894
Reaction score
122,232
You might want to open up to more job openings rather than just sticking to IT/Retail jobs
 

scubaforces

Arch-Supremacy Member
Joined
Apr 18, 2011
Messages
11,331
Reaction score
242
8k camera???

when you buy that camera, you got actually money in cash to pay for it or not leh????

buy things use cc to buy but never use brain to think.

cannot find job for 9 months??? election who you voted for???

Disclaimer:

Whether is it a $200 item, they want it $50.
Last time I sold a $8k camera for just $3k. :(
Now it's like feeling how a seizure order feels like if
my financial still don't turn around.

I have no alternatives to borrow or anything.
9 months out of work and Job searching is not easy

.
 

86technie

High Supremacy Member
Joined
Jun 8, 2006
Messages
40,422
Reaction score
5,988
make up ur mind first.

do you still want to do IT or do retail ?

if do retail, then just go ahead. since you "will not know what CSC has to say", it means you have not discussed with them about it yet. so why not wait till see what they have to say before jumping to conclusions on your own?

if you still want to do IT, then better to try and find a temp or part time job first and continue to search for a better IT job. even at $7-$8 per hour, is definitely more than a thousand.

I got try Part time also but also very hard to get.
Ok, not as if I'm not doing anything to get a job.
 

86technie

High Supremacy Member
Joined
Jun 8, 2006
Messages
40,422
Reaction score
5,988
8k camera???

when you buy that camera, you got actually money in cash to pay for it or not leh????

buy things use cc to buy but never use brain to think.

cannot find job for 9 months??? election who you voted for???

**** you understand, if I got $8k than why I come here kpkb.
You better use your ****ing brain before making such
comment.
 

dowzkeh

Member
Joined
Dec 10, 2005
Messages
406
Reaction score
2
i think what you can do is to cut up away all your plastic credit cards.

Have your debt been restructured with help from the CCS? How much is the monthly payment?

Have you analysed your monthly subsistence standard of living? How much is it? Time to be brutally honest. Remove all non-essentials - no cafe, no restaurants, no nothing.

With the income that you make in retail, are you able to pay the monthly amounts?

If that is workable, you might want to work in retail, bide your time and take the time to find a another job.
 

iwant88888888

Arch-Supremacy Member
Joined
Jun 23, 2015
Messages
14,003
Reaction score
0
credit cards debt is deadly, the interest rate can kill you.. roll and roll and roll.. compound rate
 

hyperbole

Master Member
Joined
Oct 10, 2004
Messages
3,938
Reaction score
209
What were you really hoping to achieve with this thread?

Doesn't seem like you want any advice and all you want to do is threaten mod that you want to report police. No money to repay min sum but got money to issue lawyer's letter?

This person is a troll or what?
 

iwant88888888

Arch-Supremacy Member
Joined
Jun 23, 2015
Messages
14,003
Reaction score
0
What were you really hoping to achieve with this thread?

Doesn't seem like you want any advice and all you want to do is threaten mod that you want to report police. No money to repay min sum but got money to issue lawyer's letter?

This person is a troll or what?

he just not living real... perhaps too much ego and overspend with his credit and now in deep debt seeking for help.


ANYWAY ts , 9 month without job is pure lazy, get any job for the time being i am sure 1k-2k job there is many... 9month x 2k , you would have 18k income now.

how much do you own total? i think its just less than 10k?
 

hyperbole

Master Member
Joined
Oct 10, 2004
Messages
3,938
Reaction score
209
Even temp data entry can fetch at least 6 per hour. How can there be no jobs. Beggars shouldn't be choosers
 

hyperbole

Master Member
Joined
Oct 10, 2004
Messages
3,938
Reaction score
209
He started many threads like this. Every time someone asks him how he got into debt, why he keeps getting fired or why he's still spending so much money he says ppl are insulting him. Hahaha
 

iwant88888888

Arch-Supremacy Member
Joined
Jun 23, 2015
Messages
14,003
Reaction score
0
He started many threads like this. Every time someone asks him how he got into debt, why he keeps getting fired or why he's still spending so much money he says ppl are insulting him. Hahaha

i think if he is real in debt, his iq and brain can only maybe be toilet cleaner job ..hard true ..
people try to help and he threatening those who giving the right advice.
 
Status
Not open for further replies.
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 Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top