What Does It Take To Be A Debt Collector? | On The Red Dot

What Does It Take To Be A Debt Collector? | On The Red Dot | Just Don't Tell Mum - Part 3

Рет қаралды 168,345

2 жыл бұрын

Debt recovery specialists at Singapore Debt Collection Service really want people to know that they are not loan sharks; they are just mediators working out a compromise between creditors who want their money back, and debtors who don’t have enough.
How do debt collectors recover money owed? Comedian Rishi Budhrani becomes a debt recovery specialist and discovers that it is a tough job for tough guys.
Rishi is put through the paces and learns where the line is between legal debt recovery and illegal collection. He is given a case to handle on his own, and quickly has to figure out how to track down the debtor and negotiate payment.
Eventually, Rishi heads out to confront
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Пікірлер: 198

@celestialstar124 2 жыл бұрын

Only if all debt collectors are as nice and law abiding as this company.... Thumbs up to this company. Better than some company that bring a banner and purposely shame the debtors. Respect to all good debt collectors who are polite and follow the law.

@Prometheus574 2 жыл бұрын

Why are the debt collectors not wearing protection vest? Also, besides body cam and walkie-talkie, they forgot to bring restraining cable ties and medium-length steel torchlight.

@1andonly374 6 ай бұрын

This is because is on camera, you should see them work off camera. No difference from a loanshark. Just that they cannot spray paint.

@eddy-currents 2 жыл бұрын

Unbelievable how the guy who got scammed out of 1.5k for his car rental couldn't even get any help from the police. Truly pathetic that he has to find private help by himself.

@badboi888 2 жыл бұрын

Useless SPF

@ylein6508 2 жыл бұрын

@@badboi888 it's a private transaction with no proper signed agreement or legal documents so I don't think the police can help. Carousell does not get involved about such transactions.

@badboi888 2 жыл бұрын

@@ylein6508 Thanks, didn't know about this exploit, will start scamming people now.

@sleepyboi7 2 жыл бұрын

@@ylein6508 But as long as there's black and white communication, shouldn't it be suffice as evidence? Together with bank transfer advice

@krisnanstravelvlogscomings3893 2 жыл бұрын

SPF don’t have the power to deal with civil cases SPF only focus on criminal matters only

@kim8248 2 жыл бұрын

Didnt know that the criminals that appeared on crimewatch is the general manager for a debt collection company XD

@SethyTan 2 жыл бұрын

ya. no wonder he is so comfortable infront of a camera.

@kingsufi6164 2 жыл бұрын

HAHHAHAA permanent face right. HAHAHHAA

@CarbineKiller 2 жыл бұрын

got to "be one" to "act like one". jk. still awesome job guys. stay safe.

@elbowstancenow1519 2 жыл бұрын

No wonder that farker looks familiar.

@ThuyBui-vj2dp 2 жыл бұрын

The video sound is pretty good, beyond my imagination

@bobafett5757 2 жыл бұрын

*This episode is the best and so informative and fun so Two Thumbs Up to CNA Insider and Rishi*

@Derlei 2 жыл бұрын

" I am not trying to say you are trash, but you are trash "

@AlvinYap510 2 жыл бұрын

"I am not trying to say you are trash. I just acknowledge it."

@manoffocusindeed7613 2 жыл бұрын

Funny how they only show the good side of this, the constant harrassment tactics, the shaming tactics and other morally ridiculous methods, not even mentioned let alone shown...

@kaiyin3842 2 жыл бұрын

Reminds me of psychiatrists 😂

@genius0412 2 жыл бұрын

CNA is the only channel I watch on Singapore TV channels

@hi-ez7iy 2 жыл бұрын

they have their own avengers squad for debt collecting 💀

@WorldAquariumSingapore 2 жыл бұрын

Self defense skills are the first to have, and this is extreme a comedian hosting a serious debt collecting video ;D

@c4un544n5 2 жыл бұрын

Nice shot at 2:40. optical illusion making the ceiling seems to be very low

@KCECC-ActiveHealthyAgeing 2 жыл бұрын

A Well done video - with humour 👏👏👍Thanks

@0248delltv 2 жыл бұрын

This was superbly interesting..

@davislim83 2 жыл бұрын

Goodjob debt collector. Keep it up. Need more of you guys to deal with cowards who owe $. Our authorities can't do much . All hide when dealing with real life issue.

@ivanleong2608 2 жыл бұрын

Lol I was expecting splashed red paints and an arson with more and more kerosene.🤣🤣🤣🤣🤣

@musenw8834 2 жыл бұрын

Very loanshark like. Eggs thrown at your front door

@musenw8834 2 жыл бұрын

But in reality, as the debtor you can be stuck in a situation where you're not financially stable or even able to get the money back readily to repay your creditor. And from the creditor side, it is very easy to get upset and ignorant cos you just want your money back and you're tired of handling your debtors in person but not easy to stop and realize that doing so isn't helping the situation.

@ivanleong2608 2 жыл бұрын

@@musenw8834 creditors are so kind in SG.

@yeeshinkhor2515 2 жыл бұрын

Reminds me of DCBL's work in Can't Pay, We'll Take it Away (British TV series), but these guys are not acting on behalf of the court so it's even tougher.

@Heyits_sitinurr 2 жыл бұрын

CNA always brings out all the best documentaries..

@galaxys7250 2 жыл бұрын

Their last weapon is to shame the debtors on Facebook live..

@KelvinCrLin 2 жыл бұрын

wow good programme, i didnt know how SDCS works. now i know

@bluelite21 2 жыл бұрын

Are there female debt collectors? What is the largest amount of money SDCS has helped recover from a debtor?

@ratedchamp1 2 жыл бұрын

How would member of public differentiate between a debt collector or a official government authority ( spf cnb etc etc ) if debt collectors dress like undercover cops .

@gad7602 2 жыл бұрын

That's the whole idea...

@elbowstancenow1519 2 жыл бұрын

Haha.

@typo6197 2 жыл бұрын

Couldnt this be an easy way out for some debtors? for example, a debtor could agree to a loan with a bank on an unfavourable contract/ repayment date, then just refuse to pay, when the sdcs shows up, ask and agree for a more favourable repayment plan. obviously this is only hypothetical but it seems like a potential loophole

@Guyontheinternet_ Жыл бұрын

Your credit score will get hit. Then next time harder for you to borrow money.

@ezekielk.3629 2 жыл бұрын

that copied CNB logo....

@theachilles96 2 жыл бұрын

more like CID

@andygregory2145 2 жыл бұрын

Trying to get 1.5K back and end up paying more to engage debt collector to collect money back, wonder how’s their charges like

@SethyTan 2 жыл бұрын

very sure it's by percentage, maybe 10-20% of the owed amount

@jasonlee1685 2 жыл бұрын

@@SethyTan you have to foot an “admin fee” dependable on the scale of your debts. This admin fee will cover their chasing for 6 months. They will promise sky promise mountain in what they will do, how they will update you etc etc… On top of that, they will cut a certain % once debts collected. In truth fact, nothing was done. Client still have to chase them for update. They are rude and unresponsive in email and calls. Got time to do interview with CNA, yet no time to do real chasing. “Sugar Coated” someone commented….VERY TRUE man. They are also known to delete bad comments/feedbacks from disgruntled clients, only keeping those good comments. Take this video with a pinch of salt.

@jonaero9155 2 жыл бұрын

" i hope that's not my bosses telling me that I'm trash " HAHHAAH

@freedom_x5 2 жыл бұрын

What are the charges of service of the debt collector?

@goodrealm 2 жыл бұрын

Excellent piece that sheds light on debt recovery services, it's definitely a tough job. Kudos to Rishi and the guys from SDCS!

@BelloBudo007 2 жыл бұрын

Actually that was very interesting and I learned quite a lot. When money is owed, it takes a special breed to collect the debt. It looks like SDCS has a winning formula and acts as that middle man between those that owe & those that are owed. The key things I learned were be professional & prepared, be well mannered & respectful, but above all resolved the matter as best you can.

@mcaskil 2 жыл бұрын

lol 4:43 they use gaming chair as an office chair

@lol-vn5ro 2 жыл бұрын

8:06 omg the guy from crimewatch

@nickyyap1663 2 жыл бұрын

Don't lend out money to anyone. Nobody will appreciate your loans.

@MoG-dy1rb 2 жыл бұрын

Can you lend me 10$

@funkychickeness 2 жыл бұрын

cool docu!

@nixonlim3000 2 жыл бұрын

Honestly really good insight into a greatly misunderstood line of work. Keep it up CNA Insider

@donjaan6329 2 жыл бұрын

What if debtor is insolvent?

@KathyChanHeyHeyYou 2 жыл бұрын

Very enlightening documentary! Feel like their job is meaningful in a certain way. Trying to reach a peaceful outcome in both sides. Kudos and respect to them.

@shahra1280 2 жыл бұрын

That Kelvin is the bad guy in Crimewatch right 🤣

@rosminihendro3746 2 жыл бұрын

Bro yess🤣🤣🤣🤣🤣

@Yrlocaltv Жыл бұрын

Isn’t the scammer hunter , one of the actors in crimewatch?

@Heresheis0818 Жыл бұрын

Awesomeness overloads

@unclejosephchristianpodcas336 2 жыл бұрын

I mean there's a camera lol what if there wasnt any camera ? n the logo looks familiar ah I think I've seen it b4

@disiaosiao5931 2 жыл бұрын

I think there were some videos in their Facebook they do LIVE tat kind of shame the debtors….I don’t think sg law allow them to reveal the debtors data LIVE.

@donknow5066 2 жыл бұрын

"Sugar Coated"

@kaizengaming510 2 жыл бұрын

That the guy that acted in crimewatch right?

@henrycheang424 6 ай бұрын

very good 👍

@adammanan8370 2 жыл бұрын

So nice with protocol..in Malaysia ah long will hit you or burn your car if you don't pay their money back

@thaqifrazak3626 2 жыл бұрын

These guys just the middle man, they’re not the lender

@slaiyfershin 2 жыл бұрын

Lol with the shitty blurs at 2:35 , you might as well not bothered.

@dragonmasterpro123 Жыл бұрын

Ah long is still ah long, legalised or not. Pattern don’t change one 😂😂😂

@joshuatan9658 2 жыл бұрын

2:55, is that you @Sneaky Sushii

@ahyapchow2459 2 жыл бұрын

IT TAKE A BAD IDEA TO BE A LOAN SHARK AND CRAZY IDEA TO BE COLLECTOR.

@arcfenrir14 2 жыл бұрын

And he sat on secret lab chair in the office

@kindface 2 жыл бұрын

Do some (or should I say ‘many’) debt collection agencies - especially working for overseas clients who are not familiar with Spore laws & customs - actually give the debtor a ‘discount’ and then tell the client the debtor has gone into bankruptcy? That way, the collection agency has actually bilked their clueless overseas client while pocketing the ‘discounted’ payment from the debtor. So instead of helping their overseas client, they have in fact ‘pakat’ with the debtor with a reduced payment. I’ve heard of a case like that but I’m not sure how common it is.

@DerrickNinon 2 жыл бұрын

this video had shown 2 views. SDCS and SPF

@HappyCoachYuantai 2 жыл бұрын

the modern loan sharks.

@syedalhabshi1 2 жыл бұрын

Suggestion : Wat ur intention to help those being conned is Excellent but be more mindful n respectable same time like eg. if u r goin 2 people house recovering below $5k debt ,no need to come so many people 1st time la .. Unless Big Amount or Companies ..U guys uniform like Cisco n make their Family members pai seh with neighbours cause their Son issue aiyah ...or if they got family with medical issue inside how bro ? Their son owe $2 k ++ but their Expenses Monthly Jus 2 Survive i believe Jus 2 Pay n Pay also $2 k - $3 k cheh no doubt.... Nothin 2 brag about being authorised 2 collect Money fm Debtors jus be mindful n Try 2 avoid making uninvolved individual out of tis nego in Initial stage ,as most debtors in debt due 2 a reason for sure UNLESS they are repeated borrowers u can chek 4 sure .. thx

@HF-wq4yq 2 жыл бұрын

Tips:Those whoever cant pay your debts ..just declare bankruptcy and i can assure you guys that this debt collector wont disturb anymore ..easy move .

@blackmoon483 2 жыл бұрын

Bankruptcy means no loans, bad credit rating (which affects your job proposition) You cannot leave the country without the OA/PTIB’s permission. You cannot hold public office. You cannot be a company director without the approval of the OA. You cannot Sue any party in court (except for personal injury or matrimonial proceedings) without the OA’s/PTIB’s approval. Your Bankruptcy will be entered into Singapore’s bankruptcy register, which anyone can freely search. You can continue to work, but not in high positions (basically you screw over your career prospects) Your Credit score will be affected

@BestFoodReviewFeatured Жыл бұрын

Any job and kind also can la. As long government get split then can la. Ahlong cannot because never pay ah gong. So they revamp to debt collectors.

@HbbH38 2 жыл бұрын

Prerequisite- Must Be Beng, must look like one at the least.

@tanrichard2635 2 жыл бұрын

Can u help us to get our CPF back fast?

@issac6838 2 жыл бұрын

will a thief introduce himself to you as "a thief"???

@Laurent388 2 жыл бұрын

Like this also become a job? Hahaha

@darkless60 2 жыл бұрын

long story short: stay in a condo

@misterbig9025 2 жыл бұрын

Does SDCS hire ladies?

@xiaoyan4843 2 жыл бұрын

I doubt it goes as civil as it is shown on the video

@jont2576 2 жыл бұрын

of course not,if ur approved and licensed by the government,ur not "loansharks"..... just like gambling is bad for you......unless its at government approved SG pools and MBS casinos.

@boyan619 2 жыл бұрын

the last location was at boon lay

@bobafett5757 2 жыл бұрын

Nope its Boon Keng.

@mattw6922 2 жыл бұрын

These guys look fitter than policemen

@Tommashelbyeee 9 ай бұрын

And more useful than Police.

@WindowsLover124 Жыл бұрын

Why does kelvin ho look like the person from crimewatch

@Jackinbox1982 2 жыл бұрын

Commercial debts are more complex than just an invoice, which is why there is a need to go to the court to iron it out and not sending third party to seek questionable payments via harassments

@singaporereal6811 2 жыл бұрын

like it or not most of these debtors are foreigners. usually if debtors are foreigners and scammers very hard.

@gamex5652 2 жыл бұрын

HAHAHAHA VISION EXCHANGE LMAOOOO

@Tommashelbyeee 9 ай бұрын

The police is a joke. Probably they are lazy to charge the scammer

@theachilles96 2 жыл бұрын

Why their company logo look like CID? Purposely? to scare people?

@MoonS-gr3pi Жыл бұрын

This company is also using unethical ways to reach to people who do not owe money as well. Not sure how they advertise that they are ethical company. Rishi - if you want u can reach out and I can provide u with proof on what unethical ways they use like not abiding by the laws of Singapore..

@wizzed 2 жыл бұрын

They used vulgarities btw.

@unmodifiedkernel_crash3221 2 жыл бұрын

Singapore version of dog the bounty hunter .

@user-fd7rj9zm3j Жыл бұрын

Not loan shark but hooligans.

@RayMak 2 жыл бұрын

Gotta look mean

@subscriptions007 2 жыл бұрын

You are always everywhere

@ongernie7216 2 жыл бұрын

They look exactly like gangsters, they are license gangsters, they behave like gangster, they are really gangsters.

@bobafett5757 2 жыл бұрын

So the lesson for you is to dont owe people money.

@danielyee9159 2 жыл бұрын

All these debt collectors are like gangster too. They come harrassing you every day. Just beat them up if they do.

@deathdragonslayer1 2 жыл бұрын

Exactly. Just a glorified way of saying legalised ah long.

@bobafett5757 2 жыл бұрын

@@deathdragonslayer1 Then what about MoneyChanger ?

@andyng5321 2 жыл бұрын

@@deathdragonslayer1 but they aren't the ones giving out the loan, and they are doing a good cause, because the debtors are the one in the wrong, unlike loansharks who are the ones in the wrong, so it's different

@yong79 2 жыл бұрын

Hahah are you kidding? 🤣😂🤣

@MrINTELIKXX 2 жыл бұрын

Tak perlu wujud pun..awak ada kerajaan dan kerajaan sepatutnya ada cawangan khas seperti agen kaunselor dan pengurusan kewangan bagi individu tegar@bankrap untuk pinjaman dijadualkan semula dan dibayar faedah minimum tapi keuntungan tidak terlalu tinggi.. Kalau ada agen seperti ni ..penjadualan semula pinjaman akan dikenakan bunga yang tinggi untuk bayaran komisen bagi agent pemungut hutang. Singaporean bukanla sebodoh itu kan?

@86jasond 2 жыл бұрын

Pengurusan keuangan Dan kaunselor tidak Ada kekuasan Dan hak untuk mengabil asset Dan Dana Dari debtee. Pengadilan Di kasih persetujuan Dan izin untuk debt collector laksanakan process untuk Minta pembayaran. Bank Dan pemerintah juga mengguna licensed debt collection agency.

@TheMasterofComment 2 жыл бұрын

Lol

@Jonathan01233 2 жыл бұрын

this wouldn't happen in United States

@genosypheus 2 жыл бұрын

#NoShades .... bummer :(

@truelord 2 жыл бұрын

Bunch of gangster tryna be legal

@jemchan 2 жыл бұрын

@8:14 typo! 'Suppporting Document'.... 3 'P' and is it document or documents cos lower third says one thing, subtitle says another. Buck up video editor!!!!!!!!!!

@dizdane5549 2 жыл бұрын

Tha amount of simps here....its effin staged & Walmart Jay Leno🤣

@ResidentNotEvil5 2 жыл бұрын

Year 2002 M1 mobile sent my house debt collector for $300 basket ball told the M1 Manager in person at bugis Junction over charge me for one month bill $250 including debt collector letter $30 more really basket ball Had to pay even M1 over charge me its call cheating

@Tommashelbyeee 9 ай бұрын

Same. Ng teng fong sent me debt collector for $150 bill.

@ResidentNotEvil5 9 ай бұрын

@@Tommashelbyeee all cheating basket ball scammers

@cursebr2937 2 жыл бұрын

Why not wearing mask?

@Atz888 2 жыл бұрын

Of cus stigmatised la cb go collect debt oni also travel in packs like wolves like that then all of them also look like got play shirt one knn like ownself saboh ownself. Tone of voice from all the debt collecting video also talk with broken English of course ppl think with a unfavourable biased opinion la

@benniss756 2 жыл бұрын

Smelly ah long with licence in action

@sleepyboi7 2 жыл бұрын

This feels like something the Police should do instead! Are they doing this because the Police doesn't?

@DannyGan 2 жыл бұрын

capitalism boii

@AVeryNormalGuy 2 жыл бұрын

Police usually cannot deal with these cases because of a lot of legal barriers. A lot of these debts are owed between private entities and the correct legal action usually is to take them to court. Police don't act as debt collectors. If you get a court summon and don't show up then police can act.

@sleepyboi7 2 жыл бұрын

I guess. But for fraud cases like payment made but goods or services not delivered, shouldn't the police help the victim to recover their money? I mean if given supporting documents for e.g. Bank Advice and Communication Correspondence in Carousell.

@AVeryNormalGuy 2 жыл бұрын

@@sleepyboi7 Police not hired strength... If you have the documents then go find a lawyer to sue for breaking contract... What makes you think the police has the jurisdiction to settle legal contracts between private entities?? If it's a legal problem, go find a lawyer.. your lawyer will prove your supporting documents are valid or not. You have some paper means you can call police to jail people anyhow? Did you call the police down when you make the contract that if they don't pay they will be jailed by the police? If the police not involved in the contract why would they enforce it for you? You want the police to go their house and harrass them? This isn't that difficult to understand. The police is there to enforce public law, not your personal loan. If you want to prove fraud also need go lawyer. Unless they physically stole money from you or operate a known fraud operation fat chance they jail anyone for you lol.

@theachilles96 2 жыл бұрын

Bro, police deal with criminals. If you owe people money and police come knocking on your door, how do you feel? You feel like a criminal right? And you think police got time to settle each and every Singaporean's personal problems? These are all civil cases. Police don't handle civil cases.

@tonykwok9763 2 жыл бұрын

BUAYAS🤣🤣🤣🤣🤣

@jinhon121 2 жыл бұрын

Keagan making big $

@chimmichua1986 2 жыл бұрын

All these are policeman wannabes that didbt pass the police test lol

@singaporereal6811 2 жыл бұрын

singaporeans creditors are like sheep to foreign debtors

@jgd777 Жыл бұрын

BECAUSE THESE FOREIGNERS ARE 3RD WORLD COUNTRY PEOPLE THEIR GOVERNMENT CORRUPTED THEY ARE BARBARIANS ROUGH + TOUGH THEY DO ANYTHING TO SURVIVE

@swearwern4286 2 жыл бұрын

Government should stop all these loans being given out, stop all these so called licenced creditors from operating in the first place.

@1LuvMLPFiM 2 жыл бұрын

Car loans, house loans, tuition loans

@SuperRed.V4 2 жыл бұрын

Loans happen all the time. Everywhere. These are not creditors. The people don’t owe them money. They are collecting money on behalf of others.

@bobafett5757 2 жыл бұрын

So where to take loan now ?

@bobafett5757 2 жыл бұрын

@@SuperRed.V4 If these are not Creditors then why did Debtors exist ?

@user-wt3xo6ej1b 2 жыл бұрын

@@bobafett5757 your friend never borrow money before? some people borrow and mia also

@TitoTimTravels 2 жыл бұрын

They look like they are trying to pretend they are in uniforms... Debt collectors are generally a bit lower than loan sharks.

@thebrightfen 2 жыл бұрын

I doubt they are pretending to be uniforms groups. They are trying to stay professional and presentable as much as possible. First impression is important to strangers. And how can debt collectors be lower than loanshark?

@renebanagudos5533 2 жыл бұрын

Lol. Wait til you are on the other end of the stick. I'm glad there are people out there who will peacefully ask some who owes you money to find a compromise.

@swearwern4286 2 жыл бұрын

The government should stop all these loan being given out, stop all these so called licenced creditors from operating in the first place.

@SuperRed.V4 2 жыл бұрын

@@swearwern4286 Loans happen all the time. Everywhere. These are not creditors. The people don’t owe them money. They are collecting money on behalf of others.

@guantisengkun4342 2 жыл бұрын

And your mom use to work at Geylang