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6 Common Problems with Singapore Personal Loan Applications

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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

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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 […]