Consumers report more than $645,000 in prepayment losses in 2022, a 24% increase from 2021

 Consumers suffered more than $645,000 in prepayment losses due to sudden business closures in 2022. This was a 24% increase from the $520,000 in prepayment losses reported by consumers in 2021. The renovation contractors industry took top spot in terms of the number of complaints received by the Consumers Association of Singapore ("CASE") in ...

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