Consumers in Singapore lost over S$1.9 million in 2024 from unpaid services, mainly in renovations.

Consumers in Singapore lost over S$1.9 million in 2024 due to advance payments for services not delivered, mainly from sudden business closures and unresponsive companies. The renovation industry was the hardest hit, followed by the bridal and moving sectors. The Consumers Association of Singapore (CASE) reported a significant rise in prepayment losses, advising consumers to use CASETrust-accredited companies for better protection.

2 months ago
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