SINGAPORE - Paying for a $6,000 TV set by instalments might seem like a good idea if you are strapped for cash, but there is a financial sting in the tail - that TV could end up costing $16,600 if you pay for it over five years.
Or take a $1,500 washing machine; a customer could end up shelling out $4,600. And a $569 microwave? That will end up costing $2,000.
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