Blog

applying for the best personal loan in singapore

Is It Safe To Apply For A Personal Loan?

Today, we will be tackling one of the most commonly asked questions on the internet. Is it safe for you to apply for a personal loan in Singapore? Many beliefs about personal loans come from street hearsay, media dramas that dramatize the subject or childhood anecdotes. As such, your understanding about personal

What Are The New Limits On Loans For Moneylenders in 2019

  Over the years, there has been several laws that were created to protect borrowers in Singapore. In an effort to tighten up the moneylending industry, it is now mandatory that moneylenders will need to seek for approval from the Registrar of Moneylenders before hiring any employee, in addition, it

Changes To Loan Providers This Year

This year, a new Bill was passed by the Parliament to facilitate a more secure process when it comes to moneylending in Singapore. Named as the Moneylenders (Amendment) Bill, it protects Singaporean and PR borrowers from unlicensed moneylenders, and seeks to modify all moneylenders in Singapore into legal businesses. In
Couple from abroad applying for foreigner loan in Singapore

What You Should Know Before Getting a Foreigner Loan

Today, Singapore is one of the world’s leading financial hubs, attracting a vast amount of foreign talent from around the world. However, despite the creation of financial infrastructure to provide financial support to foreign workers and expatriates, the cost of living in Singapore continues to rise each year. In 2020,
lady studying personal loan in singapore to determine repayment

2 Methods to Quickly Pay Off Your Outstanding Debt

Debt has always been a controversial issue. On one hand, having debt is a sign of financial difficulty and a huge risk. However, on the other hand, when planned for, a personal loan in Singapore can be seen as a tool that helps you capitalise on opportunities. Part of this
counting bills after rejected loan

What You Should You do If a Moneylender Rejects Your Loan Application

A rejection from your personal or business loan application can be devastating. Afterall, if you had applied for a loan in the first place, then you likely would have been in an urgent need for an injection of financial capital. Nonetheless, this is certainly not the end of the world.
How is Your Credit Score Determined

How Is Your Credit Score Determined

Your credit score for a loan is determined based on payment history, debts currently owed, credit history, new credit and type of credit. These 5 factors are the main components used to tally your credit score. Other than a credit score, authorized moneylenders may take other ancillary factors into consideration
putting coins inside jar for savings

Top 5 Reasons Why You Need to Have A Financial Plan

Financial planning is a necessity for everyone. It is essentially keeping aside an amount of money for a specific goal or purpose. The most basic form of financial planning is to save up your money in a piggy bank. What we would usually do is to open a bank savings
top tips to save money for fresh grads

Top Saving Tips For Graduates In Singapore

Top Saving Tips For Graduates In Singapore The end of graduation marks the beginning of independence. It is time for you to live responsibly and embrace the endless opportunities that await you. You’ll be moving out of campus, entering a full-time job and becoming financially independent.What you do with your

What Are The Different Types of Loans Available in Singapore

When finances are tight, there are always loans that will really help you to lift off those financial burdens. Fortunately, you can simply apply for a loan from a trusted moneylender in Singapore. The important thing to remember is that you must have the capacity to pay the loan that