Debt is a common problem that affects many people in Singapore, and getting out of debt can be a challenging and overwhelming process. However, with some practical tips and strategies, […]
In Singapore, individuals declared bankrupt are subject to certain restrictions regarding bank accounts. While bankrupts are allowed to have access to banking, they are limited to having only one savings […]
If you are considering borrowing money in Singapore, you have several options available to you. Two of the most common sources of credit are banks and licensed moneylenders. While both […]
According to the guide to borrowing from licensed moneylenders published by the Ministry of Law in Singapore, the maximum amount that a borrower can obtain from a licensed moneylender depends […]
A bridging loan is a type of short-term loan that is used to bridge a temporary gap in financing. It is typically used to help someone purchase a new property […]
Open credit refers to a type of credit that allows borrowers to continuously borrow up to a pre-approved credit limit. The borrower can draw on the credit line as needed, […]
When applying for a personal loan, the best reason to give will depend on your personal financial situation and the purpose of the loan. Here are some common reasons that […]
In Singapore, credit scores are calculated by the Credit Bureau Singapore (CBS) using a credit scoring system that ranges from 1,000 to 2,000. The higher the credit score, the better […]
