What to Know before Borrowing from SG Licensed Money Lenders
Looking to get a loan approved or borrow money from the top licensed money lenders in Singapore for a fast private personal loan, business loan or payday loan? With numerous lists of licensed money lenders to choose from, including options in Chinatown, it can be overwhelming trying to identify the top money lenders that offer […]
Comprehensive Guide To Singapore’s Money Lender Act
Explore the Moneylender Act in Singapore, a vital law that safeguards borrowers and promotes transparency in lending. Our extensive guide will walk you through this Act, clarifying the obligations of licensed moneylenders. Lenders need to provide clear loan terms, written contracts, and cautionary statements to ensure that you are fully informed about your borrowing options. […]
Do payday loans affect your credit score in Singapore?
When you’re in a bind and need money fast, a payday loan might seem like the perfect option. But what happens if you can’t pay it back on time? Do payday loans affect your credit score? And is there anything else you should know before taking out one of these short-term loans? Keep reading to […]
Can You Get a Private Loan with No Income?
If you have bad credit or no income, can you get a private loan? Learn how to decide if this is the right option for your situation.
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 total the Bill lays out […]
2 Methods to Quickly Pay Off Your Outstanding Debt
[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”2/3″][vc_single_image image=”13676″ img_size=”large” qode_css_animation=””][vc_empty_space][vc_column_text]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 […]
What You Should You do If a Moneylender Rejects Your Loan Application
[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_column_text] 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 […]
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 when extending a loan to […]
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 account. Other ways of financial […]
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 money when you first graduate […]
