TV Smith's Dua Sen. The politically incorrect irregular columnist combines
his idiosyncratic observations and tangential commentary into a blog...
by TV Smith
The Ah Longs or loan
sharks are making the headlines again through their creative collection
methods. Dua Sen managed to obtain a rarely seen application form/contract
from one of these leading finance companies...
EE LONG COMPANY
order for us to expedite your loan application, |
tell us a bit more about yourself:
are you applying for a loan?
COLLATERAL OR GUARANTOR
WEEK - 30% per day
1 MONTH - 50% per month
3 MONTHS & ABOVE - negotiable
agreement is made between Tai Ee Long Co (herein known as TELCO) and the borrower
(herein known as the client) under the following terms and conditions:|
client agrees to keep the loan active for a minimum continuous period of 12 months
from the date of approval. Otherwise, an additional agreed fee of RM 500 shall
be charged to the client.
All interests calculated on an hourly basis.
interest for the first day/week/month will be automatically deducted when the
client receives the loan.
The client agrees to declare/report any sudden
windfall such as casino or lottery winnings to TELCO within 3 hours.
reserves the right to display client's picture and loan details in his or her
neighbourhood, children's school, place of employment/ trading.
agrees to hold harmless TELCO for any harm inflicted upon the client and his or
her family members in the event of payment delays.
TELCO reserves the right
to collect all outstanding loan and interest from family members, relatives and
friends upon client's sudden demise.
(the client and undersigned) hereby agree to all past, present and future terms
and conditions as dictated by TELCO.
Mobile phone no:
Name of children's school:
Signature & fingerprints
Please attach current passport size photographs:
| || || |
LATE PAYMENT MAY RESULT IN INTERRUPTION OF AIR SUPPLY TO THE LUNGS
2004 TV SMITH
Link to this article: http://www.tvsmith.net.my/duasen/210904_telco.html
See also: COPS VS AH LONGS
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