Are you lucky enough to have found your dream home and now ready to sell your old property? We’ve got you covered. Selling an old property to get money for the new property is not an easy task, especially when you don’t have any downpayment to finance your new property purchase. The good news is […]
Did you know that Singaporeans and permanent residents who earn above $50 monthly are required to pay a monthly CPF contribution? One of the best things about your CPF savings is that you can use part of it to make a downpayment for a new home or pay for your monthly home repayment. While it’s […]
Are you preparing to take a home loan in Singapore? Whether you’re buying your first home or upgrading your flat, one of the major things to consider is how much it’ll cost you. While a new place sounds like a great idea, properties aren’t exactly cheap in Singapore. And since you don’t want to bite […]
Have you found a private property or HDB flat where you can settle your family, but you do not have enough capital? You can source a home loan to meet the buying price of your dream home. However, before you take out the loan, it is important to ask yourself “how much housing loan can […]
When the day finally arrives for you to stake a claim on your corner of the world and buy a property, one of the biggest decisions of your life, you will probably ask yourself a question: How much can I borrow for home loan? How Loan Amount And Tenure Are Determined Lenders consider a few […]
A loan from licensed money lenders is a good option when you have a cash crunch. When you apply for a loan from a legal money lender, your lender will have to check your creditworthiness, unless it is a loan shark. You will also need to be aware of your financial history to know your […]
The introduction of the Moneylenders Act in 2008 was a great move to protect borrowers and licensed money lenders in Singapore. The Act makes it easy for borrowers to know if they are dealing with an entity that is allowed to conduct a moneylending business by specifying what licensed money lenders can and cannot do. […]
Licensed money lenders give loans quickly and without stringent criteria, which may cause borrowers to borrow frequently. If you aren’t a disciplined borrower, you might find yourself with multiple and burdening debts. Defaulting on a loan affects your credit history and lowers your credit rating, which affects future borrowings and may result in your applications […]
Times are uncertain these days. The high cost of living has trapped some Singaporeans in a cycle of debt. Some have multiple loans, and have trouble repaying the loans every month. Fortunately, there’s a way out. It won’t erase your debts, but it’ll make it much easier to manage your debts. Plus, it may even […]
