Start with eligibility, not with the loan Most pages about SME micro loans describe the loan. That is the wrong order, because the loan is straightforward and the eligibility is where applications actually end. A micro loan is a small business facility, usually unsecured, aimed at companies too young or
The question behind the question Most people asking what the HDB downpayment percentage is are really asking something more specific: how much of it has to be cash, and when do I need it by. The percentage on its own settles very little, because the downpayment can be paid from
The honest version An hour is realistic. Without documents is not. If you arrive prepared at a licensed moneylender’s office during business hours, it is entirely possible to leave with the money the same visit. What cannot happen, under any circumstances and with any lender, is a loan completed without
What a tuition fee loan actually pays for A tuition fee loan covers your subsidised tuition fees, and it is paid straight to your university rather than to you. That is the whole of it. The money never passes through your account, which means it cannot be used for anything
What an MLCB report is Your MLCB report is the record of every loan you hold or have held with a licensed moneylender in Singapore. MLCB stands for the Moneylenders Credit Bureau, and it exists for one reason: so that a licensed lender can see your position across the whole
Ask ten Singapore parents what a child costs and you will get ten numbers between S$300,000 and a million. They are all telling the truth. The range is that wide because two decisions, schooling and childcare, account for most of the variance, and those decisions are made years apart. What
If your door has been splashed with paint, if you are receiving calls through the night, or if someone has posted your photograph in a WhatsApp group demanding payment, read the reporting section first. Call the Police at 999 in an emergency, or the X-Ah Long hotline at 1800-924-5664 to
Credit card debt in Singapore does not usually start with one reckless month. It starts with a medical bill in March, a broken aircon in June, and a decision to pay the minimum for a while until things settle down. Things do not settle down, because the minimum payment is
You collect your keys, you get three quotations, and the totals sit S$25,000 apart. Nobody has done anything wrong. One firm quoted for carpentry across the whole flat, one quoted the kitchen and nothing else, and the third assumed you were keeping the HDB-supplied flooring. That gap is where renovation
