Singapore embraces financial tech and revolutionary developments whenever it can. It’s one of the biggest, forward-thinking principles Singaporeans and foreigners praise about their government and financial institutions. However, numerous financing avenues and routes have the Monetary Authority of Singapore (MAS) observing and looking through all possible areas of abuse and over-borrowing. The prolific trade of […]
Taking out a loan is one of the options Singaporeans can consider to finance their car or home. But they can’t borrow whatever amount they need. The Singaporean government has put a limit to how much financing a borrower can get. And it is called the loan to value (LTV) ratio. The Loan to Value […]
Taking out a loan is a great option to finance assets you want to buy. It’s also a great option when you’re paying off other debt obligations. That’s why many Singaporeans consider getting a loan from a money lender. Unfortunately, not all money lenders are credible. In fact, you’ve probably heard of horror stories involving […]
Using credit cards has a lot of benefits. For one, it makes online transactions, not only in Singapore but also worldwide, much easier. It also boosts your spending power without having to withdraw cash. But with great power comes great responsibility. With all the convenience they offer, it also increases your risk of credit card […]
There are multiple factors to consider when looking for a personal loan that suits your needs. Starting from the lender of the loan, the loan interest rates, and meeting specific criteria set, it’s not always a walk in the park. One of the essential features that you should note is the interest rates that your […]
With so many money lenders on the market offering low interest rate deals and attractive loan packages, finding the right loan to suit you in Singapore can be a challenge – especially if you’re unsure which lenders are 100% reliable and legitimate. Before you submit a loan application with the first money lender whose friendly […]
A life without debt is to make a plan that gets individuals outside their existing financial shackles by practicing all the values we’ve listed here.
In getting a bank loan it is important that you are aware of the important difference between the advertised interest rate and the effective interest rate. Awareness of this distinction would give you better insights on the expense that you are incurring in relation to loans that you decide to avail. But aside from this, […]