Loan

Taking a loan doesn’t have to be risky—if you know where to borrow. In Singapore, legal loans offer safe and regulated borrowing, unlike loan sharks who use threats and harassment. A recent case in Everton Park saw two men allegedly locking a debtor’s gate and vandalizing their home—a stark reminder of why borrowing from licensed … Read more

When you need cash fast, short-term loans are a go-to solution, offering quick financial relief without the long-term commitment. They can quickly cover unexpected bills or cover unexpected expenses without long-term strings attached. This guide offers a clear overview of short term loan Singapore, from the different types available to how you can apply, helping … Read more

In Singapore’s financial system, guarantors are often needed for loans like education loans for younger borrowers or business loans lacking collateral. Foreigners taking car loans may also need guarantors due to higher default risks. Some loan agreements allow lenders to pursue guarantors even without missed payments. Being a guarantor means agreeing to take responsibility for … Read more

As Singapore’s housing prices fluctuate—rising 1.4% in early 2024, according to Channel News Asia—bridging loans become crucial for homebuyers facing the timing gap between purchasing a new home and selling an existing one.  These loans are especially vital in quick-turnaround scenarios like auctions. This guide explores how bridging loans function, their types, and key features, … Read more

In Singapore, the cost of a motorcycle can vary widely, with some models priced under S$20,000. Vespa can cost around $19,000, while Honda and Yamaha offer bikes below $10,000.  Due to the high cost of owning a vehicle in Singapore, many opt for motorcycle loans to make the purchase more manageable. Loans allow buyers to … Read more

Unsecured loans are increasingly popular in Singapore, with a significant rise in applications among young adults. Recent data from the Singapore Credit Center shows a 96.75% increase in overdrafts and a 65% increase in personal loans from Q1 to Q2 2023.  Notably, those aged 21-29 are using more unsecured credit, with a 2.53% increase in … Read more

To address the financial strain on Singaporeans due to rising costs, the government is increasing its support with an additional S$600 in CDC vouchers for each household and up to S$400 in cash handouts for eligible adults, as Deputy Prime Minister and Finance Minister Lawrence Wong announced.  Despite these measures, many Singaporeans still seek additional … Read more

With today’s inflation and the rising cost of living, it is not surprising that many of us are struggling to stay on budget. A personal loan is a good option for managing financial challenges. But before taking out a personal loan, you need to know whether you can afford the monthly repayments. To determine the … Read more

The Covid-19 Pandemic caused a very challenging year to many Singapore citizens. This detailed guideline will help enlighten you with a very convenient option for an economic solution for your financial burdens, and how to get it solved before the year ends. This is where an urgent loan comes in. Due to the unawareness or … Read more

Every couple planning to get married might want to consider taking out a loan for their dream wedding to come true. For many, the idea of weddings can only be described in one word—big. But before that big day, you need to make sure you have the finances in order. Wedding loans are personal loans … Read more