Stricter loan caps key to keeping lid on debt: VWOs, Singapore … – The Straits Times
A former gambler owed, at his lowest point, a sum of $60,000 to 18 licensed moneylenders in 2012. Enticed by the thrill of online football betting and casinos, the sales manager, who wanted to be known only as Mr Ang, borrowed from multiple registered moneylenders to feed his gambling habit as well as to cover…