Friday, December 14, 2007

A Debt Free Life...

I used to work for a financial company in Kota Kinabalu a few years ago. It was a small company owned by a Chinese man, I was told they started out as a credit company and the working conditions then were 'gangster' like. It was hard to believe as my experience working there was quite pleasant, they had a complete database of their clients with a systematic debt collection approach and loan approvals, just like banks.

Even the collection staff were well dressed and even brought police reports with them whenever they met the defaulters. Working in this company made me see a lot of things... there were just so many people applying for personal loans, from security guards, teachers, government staff even to directors of big corporations! Sometimes the borrowers salary couldn't qualify for loans, they would beg and plead (some even cried)... it took me a while to adapt to the working environment.

I preferred dealing with the lower income group because the big shots would always make a big fuss. Some said they were the director of this company, CEO of that company and so on. Sometimes I felt like telling them off, I mean they came for a loan, there was no need to be rude, after all they were the ones who was in need of help. Some people just have a really thick face...

Based from my experience there, the lower income group normally paid up on time. We had a lot of problem getting back the money from big timers, they'd come up with all kinds of excuses... it was difficult as we had a quota to fulfill to collect money from debtors.

With the number of bad credit loans growing by the day, it is not surprising that these desperate people turn to loan sharks or money lenders for help, not realizing that they are getting themselves into more trouble. The solution to the matter is simple really. Get help fast. And the best way to do that is with Badcreditoffers.com, a site you can turn to that has the knowledge and resources necessary to help consumers get back on their feet financially, regardless of their bad credit history.

10 comments:

  1. Oh, how I long for a debt free life ... LOL! I wonder if they have such companies like this here.

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  2. DEBT...the keramat word..masa mau hutang waaa muka happy..bila mau bayar muka masam2..hehehe usually is like that dont you think so..

    i think now a days you cant leave without owing or debt to people or to the bank ....all people i think ada hutang....hehhehe..so you cant run away from it..unless you leave in a jungle..than no need to pay debt..hehehhe

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  3. It seems Nessa, debt has becoming a part of ourselves...if we don't do debt, we own nothing..I mean the assets..

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  4. MD - Yeah, me too. Thanks to PPP, the modern day lifesaver! LOL

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  5. Moms World - Well, that's normal la kan :)

    Reminds me of Salih Yacob song 'Gali Lobang, Tutup Lobang'... hehehe

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  6. Hi Alwizbme! Welcome to Mumblings :)

    "Kami Along mau tolong potong nyawa"...

    Thanks for dropping by, hope to see you around more often :)

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  7. Myfisol - What I'm referring to are those who go to loan sharks for gambling and other vices :)

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  8. OMG, PPP helps that much? I need to verify my Paypal quick!!

    So they didn't send you out with red paint and a baseball bat? Haha, yea.. small time non-along financial companies are good to have. The people who need to borrow are usually the ones who don't qualify for bank loans. And that's why they needed to borrow in the first place!

    Why do those so called CEOs and directors need to borrow money anyway? And they could do better to be more professional instead of acting all high and mighty in their time of need. Cari pasal je.

    BYE!

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  9. Usws - You'd be surprised with the amount you'd get once the money starts rolling in :) Don't wait any longer... get it verified at once!

    Nope, no red paint and baseball bat for me... no way I'd go to them for loans, scary man!

    Itu la, nama saja CEO.. tapi otak... OOOO! LOL

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