Recently I just found out my dad owe bank money. And he refused to pay. And I'm still a student what can I do and will the debt affect me in the future?

I need to withdraw this Rewards how t o get please

If it's a large sum, you can advise him to seek help in debt management.

https://ccs.org.sg/

It will affect him in the future if he'd like to qualify for loans with lenders. Lenders can check an individual credit score with Credit Bureau Singapore.

https://www.creditbureau.com.sg/index.html

Also, worst case scenario...I'd think he can be made bankrupt if he owns more than what he can pay and the bank chooses to take this route. More details here: https://blog.moneysmart.sg/budgeting/bankruptcy... And maybe, it may affect you and your family's standard of living if your Dad is the sole breadwinner. "It can ruin career prospects."

Here's another perspective...tho' it's a bit macabre..., is in the event of a death situation, his estate will pay out all the debts first before it is distributed to the beneficiary. Likely beneficiaries will get lesser in the future, than if he were to pay the money back to the bank in the present time. Interests are usually compounded, and it could snowball into a significant sum... but then again, probably even before this is reached, maybe he could be made into a bankrupt.

I suggest he reaches out to CCS if it's really serious. There's no problem too big to solve. A big problem is more often than not, a combination of small problems...so breaking it down will make the situation easier to handle.

Hope this helps and all the best.