Current Bridging Loan Rates in Singapore
In Singapore, 70% of homebuyers find they need more money when upgrading their homes. This fact shows how important bridging loans are in Singapore’s housing market. With property prices going up, knowing about bridging loan rates is key for smart homeowners and investors. Bridging loans act like a financial help, giving a temporary solution between […]
Loan Scam In Singapore
Loan Scam In Singapore Between January and November 2019, at least 1700 cases have been reported, with at least $6.8 million cheated. Victims would typically receive a SMS text message or WhatsApp message offering loan services. The sender may even claim to be a staff from a licensed moneylender. Interested parties are then instructed to […]
How to apply for foreigner loan in Singapore?
How to apply for foreigner loan in Singapore? Singapore is considered one of the great destinations for various cultures. Many foreigners from different locations across the globe come here to travel, work or reside.On the other hand, there are several banks and private financial institutions here in Singapore who offer foreigner loans as financial aids […]
6 Common Problems with Singapore Personal Loan Applications
6 Common Problems with Singapore Personal Loan Applications If you have a financial emergency or you’d like to take a holiday or pay an overdue bill, you may need to check out loans. Naturally, you want to be approved and get the most agreeable terms. However, it’s not always easy finding the best terms and you […]
MAS rules on credit cards & unsecured credit facilities
Monetary Authority of Singapore rules on credit cards & unsecured credit facilities In order to help individuals avoid accumulating excessive debt, the following MAS rules will take effect from 1 June 2015. RULE 1. If your total interest bearing outstanding balance on all credit cards and other unsecured credit facilities with banks and other credit […]