When you need money, you can either decide to get a long-term loan or a short-term loan. It all depends on the kind of needs that you have. You can get loans from the bank or moneylenders with a fixed repayment period and interest rates. Most long-term and short-term loans require repayments between 30 days […]
With the changing economic climate and increasing rates of inflation, cash flow for personal and business purposes is becoming more and more strained. What happens when you have a need for a boost in your cash flow for personal uses? That is where a personal loan comes in. What Are Personal Loans In Singapore? A […]
What is a Personal Loan? A Personal loan Singapore is an amount of money that you can borrow to use for a variety of purposes. For instance, you may use a personal loan for an emergency, to consolidate loans, for school fees, renovation, dream wedding, and so forth. It can be offered by banks, Singapore […]
According to MoneySmart Singapore, about 1.5 million people in Singapore have personal loans, which is about 36% of the adult population. The average loan value is $20,400, and the most significant percentage of borrowers are between 25 and 34 years old. The amount of personal loans taken in Singapore has increased by 60% in 5 […]
The current pandemic has caused a huge impact on businesses. Nearly 6 out of 10 Singaporean businesses will need at least 2 years to recover from the damage even if they speed up digitization, seek new revenue sources, or innovate in products and services. Having said that, small businesses or startups may have to suffer […]
