Although licensed moneylenders are known to charge higher interests compared to banks. Borrowers need to understand the reasons behind such rates. It also good to know why despite this they still have regular and new borrower even with the higher rates. In fact, licensed moneylenders play an important role in any economy. For instance, they […]
Singapore’s Monetary Authority (MAS) changed the regulations on unsecured loans. These changes specify the loan amount you can now borrow. The new unsecured loan limit established by Singapore Monetary Authority may not work for many individuals. Life situations at times may require that you have some urgent funding. Therefore, you will need financial aid for […]
Expenses and small purchases made using your credit card could add up. Especially when left unpaid over months. It will fast become a debt mountain. It may be that you have used the credit card for a real emergency need. Regardless of your reason, defaulting on credit card debt is a fast way of letting […]
Payday loans will come in handy when you are in sticky situations. Even so, many Singaporeans are not aware of the benefits of using payday loans. Most Singaporeans, generally will not opt to use loans. However, some may consider it at the last minute. This is since they are done borrowing from friends and family. […]
There are common mistakes that can ruin your credit rating in Singapore. This will prevent you from accessing mortgages, credit cards and bank loans. Your credit rating is important when you are seeking payday loans. Therefore you will be surprised when some of those little things you do affect your credit rating for the worse. […]
When you are not able to get a study loan, Singaporeans can consider using a moneylender personal loan for school fees and education. Advancing your education as well as improving your skills is important when you wish to advance your career due to the high level of competitive careers in Singapore. However, in Singapore professional […]
Recently, licensed moneylenders have increasingly become popular and in high demand. Even with this, it’s a good idea for you to find out whether payday loan or personal loan is right for you. Be sure you understand exactly what a personal loan is as well as what the necessities are for you to qualify for […]
Credit cards and personal loans are both lines of credit. Yet most people in Singapore opt for credit cards to help them make purchases as they are easily reachable. However, these two credit lines can be taken advantage of when you know the best time to use them. Below are the differences between the two […]
