Best Short Term Loan in Singapore 2020

Businesses and individuals may fall out of capital or money, respectively, to purchase immediate or urgent needs. When this happens, a short term loan like line of credit, payday loan, invoice financing, merchant cash advances, among others, could be a lifesaver. The debt will most probably get approved than not because in this type of […]

What is Cash Advance and How Does It Work?

Singapore might be one of the most expensive countries in the world, but it doesn’t mean Singaporeans, foreign workers, and tourists have no access to supplementary cash services. Cash advance services are available for Singaporeans from banks and financial institutions. On the other hand, foreigners can use their credit cards — for a fee — […]

Where to Apply for a Fast Cash Loan in Singapore?

One type of personal loan that is popular for its convenience and efficiency is the fast cash loan.  There are many considerations that you must carefully assess before deciding whether or not these kinds of personal loans will best fit for you.  Aside from this, there are also a lot of lending institutions in Singapore […]

Refinance Home Loan: When it Makes Sense

After acquiring any type of loan, a borrower will rethink their existing loan, whether it is possible to make it more convenient or not.  Questions such as ‘is it possible to lower the interest rates’ or ‘can I have lower monthly installments’ will be thought of. Refinancing can answer these questions by providing ways to […]

Advantages and Disadvantages of Payday Loans

You’ve worked hard for the entire month, and you’re looking forward to finally getting your pay by the promised pay cut period, as usual. However, an incident has helplessly disabled your employer from issuing pay until they resolve it within the next week.  Unfortunately, as any employee, you have bills to pay, a house loan […]

Credit Card Vs Personal Loan: Which is Better?

If you need so much money within a short period, the answer is always to have a personal loan. Truthfully, if you can go beyond the usual six months of income you get from personal loans, the better. On the other hand, some borrowers swear by credit cards because they’re much more accessible than personal […]

Registry of Moneylenders Role in Singapore Moneylending

The moneylending industry of Singapore is made complicated by unlicensed moneylenders operating at the guise of licensed moneylenders. The Ministry of Law passed the Moneylenders Act to deter all illegal moneylending services with the help of the Registry of Moneylenders (RoM). The Registry of Moneylenders (RoM) supervises both the registration as well as the regulation […]

Monthly Installment Loans: What is It and Where to Apply

What is a Monthly Installment Loan? A monthly installment loan involves receiving a whole lump sum loan, which will be paid through several installments. It can be a secured or unsecured loan, with the secured type requiring assets as collateral.  Because it is due monthly, the repayment stays the same throughout the loan term, making […]