This is not available in singapore though...
But assuming that one would like to take a 50k loan to clear historical credit card debts and to pay only one party? (I understand that you can get a discount if you can fully settle with the banks. i.e. outstanding of 10k, bank will accept 7k if you can fully settle.) Is there any institutions that can help?
Borrower Details.
1. Currently employed with same company for more than 3 years
2. Problems occurred due to past failed business venture
3. Current income of SGD 3900 (FY 2005 48K, FY 2006 53K)
4. Willing to pay monthly up to SGD 1500 for 5 years.
Please give your input...