News and Articles

One of the most common questions Singaporeans may ask before borrowing from a bank is, ‘’how much loan can I get from bank?’’. The amount you can borrow from a bank in Singapore depends on several factors, which include your personal income, debts (credit card instalments), liabilities (any other personal loan) and your credit score. […]

You might be wondering; how much you can take as a personal loan. People looking for the best personal loans in Singapore are often confused on how much they can borrow. With so many lenders and loan products to choose from, it’s not surprising that consumers can feel overwhelmed by the process of getting a […]

A borrower with a faint idea about housing loan interest rates in Singapore tends to make calculation mistakes, which affects their credit performance. Eventually, this ignorance can lead you to wrong financial decisions and uncontrollable interest rates. In this article, we will discuss how is housing loan interest calculated in Singapore, the types of housing […]

Renovating a home is a huge task and requires a considerable amount of money. The remodelling plan depends on various factors, like the home size, the contractor and their quotation, the extent of work, and more. Handling all requirements under a limited budget can be difficult. In Singapore, most homeowners borrow money from banks or […]

Owning a home is an investment you want to make after analyzing your financial implications. With multiple funding options available, you could opt for an HDB loan or bank loan. Let’s see how an HDB loan vs bank loan compares and what to consider before taking either. HDB Loan Vs Bank Loan An HDB loan […]

In life, emergencies come uninvited, and you might find yourself in urgent need of financial help. During such situations, short-term loans come to your rescue. They are multiple types of such financial aid and various financial sources provide short-term loans with varying interest rates. In this complete guide, we’ll discuss the basics of short-term loans […]

The application for personal loans has been on the rise in Singapore. This could be attributed to rising inflation, the high cost of living, or the lingering effects of the Covid-19 pandemic. These factors have also raised the use of credit card services for daily expenses. While these loans are vital in meeting the shortfall […]

When buying or refinancing a property, you’ll come across a housing loan calculator, also referred to as a mortgage calculator. Mortgage lenders usually use the calculator to help show the details of a housing loan for borrowers to quickly understand the entire process. The ideal housing loan calculator will help borrowers plan their finances accordingly […]

Studying is a demanding milestone, yet an investment worth every coin. You might consider getting a tuition fee loan if paying for your education is overwhelming. Find out what is tuition fee loan in Singapore, and how it works. What Is Tuition Fee Loan? A tuition fee loan is a type of loan you get to […]

Owning a home could simplify the need for money because you can build the property’s equity and secure loans against it. Some financial needs could be overwhelming, with the only way out being an equity home loan. This funding option allows you to borrow funds against your property. What is equity in housing loan in […]

Have you ever wondered why there are two interest rates when you want to take a loan? Whether it’s a personal loan or for business, you’ll be hit with an advertised rate and an effective interest rate. Since the advertised rate is cheaper than the effective interest rate, you could be tempted to jump in […]

If you’re in the middle of purchasing a new property and selling your existing one, you’ll probably need a bridging loan to help bridge the time and financial gap. During this period, you’ll need to somehow finance your housing costs, such as making the downpayment on the new property as you wait for the sale […]

A beautiful wedding is one of life’s most memorable events. However, the lack of finances could be why you don’t make the most of this milestone. Did you know that wedding loans can be helpful? Find out how to get a wedding loan and witness a dream come true. What Is A Wedding Loan? A […]

You’ll likely need additional cash as a small-and-medium-sized (SME) business owner in Singapore. As your business grows, you may need to meet a financial obligation, tap on opportunistic investments, or expand your business. Whatever the reason, you can access an SME business loan with a reputable and trusted bank in Singapore. There are over 20 […]

Sometimes you can find yourself paying various high-interest debts and find it difficult to keep up with the payments every month. If you’re not careful, you may miss making several payments, which will negatively impact your credit score. In such a situation, you can consider getting a debt consolidation loan. Loans for consolidating debt can […]

A housing loan is useful because it keeps you from wiping out all your savings at the outset. That said, repaying it can get tricky and not to mention confusing, especially if you exhausted your finances at the initial cash outlay or lack a concrete debt repayment plan. This article discusses how to pay housing […]

Purchasing a property is a hefty responsibility and needs careful planning of your resources. It is expensive to own a home in Singapore, but thankfully, you can use the savings in your CPF Ordinary Account (OA) to pay for your property. However, you should note that while you can use your CPF funds, you have […]

Loans can be lifesavers if you need money urgently. But when multiple debts accumulate over time, it’s not only difficult to manage them but also to clear them. That’s where a debt consolidation loan comes in. Debt consolidation is a great way to reduce the number of payments you make monthly, simplify your debt management, […]