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More seek help over debt issues as fewer people turn to moneylenders and pawnbrokers
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Rising gold prices might have contributed to the increase in redemption rates.
ST PHOTO: DESMOND FOO
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SINGAPORE - John (not his real name) struggled to meet his personal expenses and support his family after his salary was cut by more than half in March.
The 27-year-old later borrowed a total of $10,000 from two licensed moneylenders but was unable to make his monthly repayments when he suffered another pay cut.
