Personal loans are advantageous in crises and during a financial emergency. These can be available with minimum documentation and would not require any collateral. With many banks sponsoring instant personal loans, getting a personal loan approved does feel like an easy task. Still, when you actually go for it, there can be many eligibility necessities, […]
Opening a business bank account is the first step for any new business. Running a business is not easy and we all know there are lots of risks involved. We’ll discuss the important considerations, but first, let’s talk about the top 3 business bank accounts. The top 3 business bank accounts in Singapore In no […]
Can Foreigners Purchase HDBs Or Properties In Singapore? Foreigners can purchase property in Singapore. However, there are several specified restrictions. Subsidised housing from the government (HBD flats) is only available to citizens and permanent residents of Singapore. Residential Properties Foreigners have access to condominiums or private apartments. There are no restrictions regarding the number of […]
A quick cash loan can be an effective way to get the cash you require when you need money urgently, or when you have an emergency. These types of loans are ideal for situations that need instant access to funds. Since the loans are short-term, the interest rate might be slightly higher, and approval usually […]
Tell anyone that you are considering taking out a personal loan. They will probably give you the side eye and tell you to reconsider your decision. However, their reaction might be different if you tell them that you have taken out a home loan, or a renovation loan. There might be an explaination for this. […]
7 Questions to Ask Yourself before Getting a Loan People in Singapore are taking loans in order to accomplish different goals. There are many reasons why people apply for personal loans. For example, a person may want funds to cater for an emergency such as clearing a medical bill. Many students in Singapore apply for […]
Taking out a loan can be confusing. This is especially so in a country like Singapore that has more than 157 licensed moneylenders, in addition to traditional lending institutions such as banks. It is difficult to find the right licensed money lender in Singapore. Although most people have an idea of what they should be […]
When applying for a personal loan from a bank or licensed moneylender, it is essential to review the repayment terms. Take note of the interest rate charged, credit score, repayment period, and other fees. Interest rate Note that different banks charge different interest rates on personal loans. You should ensure your bank’s rate is favourable […]
What can you use personal loans for? Well, personal loans can be used for just about anything. Lenders often aren’t interested in how the money will be spent. They do not place restrictions on these loans. However, this doesn’t mean that you should apply for a personal loan on a whim. You should ensure that […]
Accessing emergency funds is the easiest way of getting yourself out of a tight financial situation. Most people resort to short-term lending from local moneylenders. Licensed moneylenders lend money to their customers without taking them through lengthy and thorough formalities. Ideally, whenever you seek financial refuge from a moneylender, you must ensure you have the […]