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Quick and easy loans trap maids in cycle of debt
Many borrow from multiple lenders and when some employers find out, they are sent home
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At Lucky Plaza, where there are at least six licensed moneylending firms doing brisk business, a moneylender said if maids do not have access to licensed lenders, they will end up borrowing from loan sharks.
ST PHOTO: DESMOND FOO
Lucky Plaza in Orchard Road - a popular haunt of maids on Sundays - is an unlikely place to be busy on a weekday morning.
But a visit by The Sunday Times on Thursday morning found it to be a hive of activity.
