maid loan and agency fees
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Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)
Total : S$3788.00
That is consider a huge amount to collect from Employer solely for a maid. -
gumiho:
Maid Loan - Is this Paid in PD Chq by installment,Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)
Total : S$3788.00
That is consider a huge amount to collect from Employer solely for a maid.
OR in ONe Lump Sum? -
Hi, i have just heard from an agent that come april 2011, the new maid’s loan will be borne by employer as part of agency fees. i cannot seem to confirm this news from the mom website. As anyone heard about it or is it jus this agency’s tactics to get me to hire sooner than later? thank you for help…
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Funx3:
Lumpsum.
Maid Loan - Is this Paid in PD Chq by installment,gumiho:
Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)
Total : S$3788.00
That is consider a huge amount to collect from Employer solely for a maid.
OR in ONe Lump Sum?
Understand the Agency Fee will be double if pay by Postdated cheque. -
gumiho:
Lumpsum.
Maid Loan - Is this Paid in PD Chq by installment,Funx3:
[quote=\"gumiho\"]Agencies Fee - S$588 (EST)
Maid Loan - S$3200 (EST - 8 mths)
Total : S$3788.00
That is consider a huge amount to collect from Employer solely for a maid.
OR in ONe Lump Sum?
Understand the Agency Fee will be double if pay by Postdated cheque.[/quote]Wah, A Lot of Advance Fees Collected UpFront by the Agencies ....
What if Maid Found Not Suitable To Work, and Need Replaced?
Then Got to Pay Another 8 Months Maid Loan Again? -
Funx3:
Wah, A Lot of Advance Fees Collected UpFront by the Agencies ....
Lumpsum.gumiho:
[quote=\"Funx3\"]
Maid Loan - Is this Paid in PD Chq by installment,
OR in ONe Lump Sum?
Understand the Agency Fee will be double if pay by Postdated cheque.
What if Maid Found Not Suitable To Work, and Need Replaced?
Then Got to Pay Another 8 Months Maid Loan Again?[/quote]multiply that S$3788 by a thousand maids a year = S$3,788,000 income per year for the agency -
Funx3:
Wah, A Lot of Advance Fees Collected UpFront by the Agencies ....
Lumpsum.gumiho:
[quote=\"Funx3\"]
Maid Loan - Is this Paid in PD Chq by installment,
OR in ONe Lump Sum?
Understand the Agency Fee will be double if pay by Postdated cheque.
What if Maid Found Not Suitable To Work, and Need Replaced?
Then Got to Pay Another 8 Months Maid Loan Again?[/quote]Nope. Their loan will extend additional 1 or 2 months, depend on the Maid Agencies. -
verykiasu2010:
multiply that S$3788 by a thousand maids a year = S$3,788,000 income per year for the agency[/quote]Waliao verykiasu2010 U Very FAST Calculate -le!
Wah, A Lot of Advance Fees Collected UpFront by the Agencies ....Funx3:
[quote=\"gumiho\"]
Lumpsum.
Understand the Agency Fee will be double if pay by Postdated cheque.
What if Maid Found Not Suitable To Work, and Need Replaced?
Then Got to Pay Another 8 Months Maid Loan Again?
May Be Can Consider Change Vocation to .... MAID AGENCY- Cum - LOAN AGENCY? (So Much Money Come in Fast and Interest-Free Too!)
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Ya, I too heard about this but cannot really understand what is the impact? Am so :x I can't even begin to talk about this co-herently.
My brain a bit slow too. Question is, what is the difference from now ie. we are paying via monthly giro to the agency, maid does not get any salary for 7 months right?
So with the new rule, izzit we pay agency the 7 months upfront and then still got to pay the maid after 2 months? :?
Alamak, my brains really not working. Don't whack me verykiasu2010!

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DesertWind:
eh, why mention my ID ?Ya, I too heard about this but cannot really understand what is the impact? Am so :x I can't even begin to talk about this co-herently.
My brain a bit slow too. Question is, what is the difference from now ie. we are paying via monthly giro to the agency, maid does not get any salary for 7 months right?
So with the new rule, izzit we pay agency the 7 months upfront and then still got to pay the maid after 2 months? :?
Alamak, my brains really not working. Don't whack me verykiasu2010!

which agent is that ? may be different agents got different practices ?
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