Straits Times 20 July 2005:
Banks are offering goodies for customers who pay just the minimum balance on their bills, including the chance to win O2 XDA II phones in lucky draws. WHAT???? Other countries have problems with bad debt and we have to give freebies to make people not pay. Insane.
In case you think this is a good idea: Once you owe money the 30-day interest waiver lapses, and you pay high interest rates from the time of purchase.
Wednesday, July 20, 2005
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