Taking any loan comes with its share of risks. Typically, that comes in the form of the interest rate. Therefore, before taking out a personal loan, you should always consider your financial situation first. When you have a better understanding of your financial situation, you can then take out a … Continue reading
If you have recently taken out a loan to pursue higher studies, purchase a house, or start a business, you should start thinking about repaying your loan within the stipulated time. This is because the repayment amount will begin to increase as the interest accumulates, and you might have to … Continue reading
An instalment loan refers to a loan that is repaid regularly through scheduled instalments or payments. The main advantage of acquiring an instalment loan is that you do not have to pay the entire loan amount in a single payment. You can repay the debt over a given period in … Continue reading
Student loans can often prove to be a burden, as you may end up making payments for a significant part of your adult life just to pay it off. Thus, you must carefully evaluate your earnings and understand the time you will take to make the repayments. Sometimes, you can … Continue reading
Every entrepreneur in Singapore dreams of succeeding one day. One thing you must know is that the journey to success is not an easy one. Regardless of how prepared you can be when starting up your business, there are always setbacks that may bring your business to the ground if … Continue reading
If you’ve ever bought big-ticket items like furniture or home appliances, you might have encountered a dilemma. Should you pay for the item in full with your own money, or take out an instalment loan to pay for it? Many stores these days offer instalment payment plans, or you could … Continue reading
When it comes to ensuring your long-term finances, a monthly instalment loan can be essential. However, most people do not often consider these types of loans unless they are making a big purchase. One such instance where a monthly instalment loan can be significant is when individuals are purchasing a … Continue reading
One type of loan that is suitable for small but urgent cash needs is the payday loan. Due to the relatively small amount involved and short-term nature of it, payday loans are a low-risk loan that is useful for a variety of purposes. Although many people try to avoid taking … Continue reading
The world of loans can be a confusing one. Amongst all the ways loans can differ, there’s one aspect you need to think about: the length of the repayment plan. Often split into two types – short-term loans and long-term loans, loan repayment plan is a crucial consideration in your … Continue reading
Foreigners in Singapore face a particular challenge when faced with financial constraints. On top of the already high costs of living, unexpected circumstances like medical emergencies, emergency needs back home, or a rise in rental fees can put foreigners here in a tight spot. It doesn’t help that the loan … Continue reading
