With the current economy situation in the slump, many people are being hit as their debts grow and grow....in fact i have encountered a couple of situations in which i get to witness firsthand how bad it already is.
Friend 1: Was out of job while the malaysian operation ceases.
Friend 2: Had to puasa even after hari raya....i thought he was just "ganti puasa" but actually he was just tightening his belt as he told me he overspent for hari raya....how sad.
Friend 3 : Borrowed money from me twice within the same month for reasons unknown.
Seriously i think these people need to learn to manage their finances. I wonder if bill consolidation would help them? I heard that they can provide free credit report and you can even do loan modification.