How Singaporeans Can Avoid Credit Card Debt Problems?

You may be unwittingly piling up credit card balances due to a cognitive bias known as the “anchoring effect”. If you’re one of a rising number of Singaporeans with bulging credit card balances, don’t worry, a Debt Consolation Plan can bail you out.
There’s been several incentives designed to help credit cardholders maintain their credit accounts in good standings, yet many more are falling into bigger debt burdens. Even schemes designed to curb the worrying trend has had little impact.…