EDUdebt Frees More People from the Shackles of Debt

Leading Singapore Debt Solution Company, EDUdebt, continues to get reviews from clients across the nation

September 28, 2020 —

EDUdebt has grown to become one of the leading providers of debt solutions in Singapore, helping more than 10,000 people in the nation to be debt-free. Over the years, the company has delivered efficient and effective debt solutions to clients, helping them to achieve debt freedom, with accolades coming from different quarters nationwide. In line with the company’s goal of creating a happier world, EDUdebt is looking to work with the needy, especially during these trying times, collaborating with Pek Kio Community Centre and MocaCares as volunteers.

There has been an increase in the number of debtors in Singapore, as more families resort to getting loans to meet their financial obligations. According to a report published by Trading Economics, household debt in Singapore reduced to 51.10% of the country’s GDP in the first quarter of 2020 from 51.80 percent of GDP in the fourth quarter of 2019. However, data from the Department of Statistics Singapore put the average debt of a Singaporean household at about S$57,637 per capita as of 31 Dec 2017, up roughly 5% from its level in 2016. One of the major challenges faced by millions of people in Singapore is being caught in the debt web, a phenomenon Mr Abbas Hamzah and his team at EDUdebt have been working tirelessly to change.

Since the official launch of the company, EDUdebt has helped over 10,000 to become debt-free, saving more than $1.5 million, with more than 100,000 credit accounts consolidated. Some categories of loans handled include credit card outstanding loans, bank loans, licensed money lender loans, hire purchase loans, and all forms of unsecured loans. Other loan categories handled by the team of debt solution professionals at EDUdebt include lawyer letters and legalities from banks, harassment from creditors, outstanding telco, hospital and utility bills, student or study loans, company bonds, and co-op loans.

The company’s comprehensive debt settlement solutions and the quality of services delivered have continued to attract clients across Singapore, with accolades coming from different quarters. “EDUdebt saved my life. I managed to save over $34,000 which I could better spend on my child’s education and health expenses,” said Jessica.

For more information about EduDebt and the solutions offered, please visit – https://www.edudebt.sg/. EduDebt is also available across several social media platforms, including Facebook and Instagram.

Contact Info:
Name: askme@edudebt.sg
Email: Send Email
Organization: Edudebt.sg
Website: http://edudebt.sg

Release ID: 88978598