Planning to take a loan with a bank or a licensed moneylender? Regardless of your choice of lender, it is important that you understand what are effective interest rates and how to calculate effective interest rates. While banks and financial institutions often advertise low interest rates, how much exactly is the cost of borrowing? What […]
Category: Blog
24-hour Money Lender Guide: Legal Personal Loans From Licensed Moneylenders In Singapore
With COVID-19, unexpected financial situations occur more frequently. You might need cash immediately for a medical bill, for a car repair, to fix your cash flow or if your savings is not enough. When these financial issues occur, you need immediate financial relief. However, there are two main issues we commonly face when getting a […]
Compare Effective Interest Rates VS Simple Interest Rates For Loans
Do you know the difference between effective interest rates and simple interest rates? If you are planning to apply for a personal loan, then you’ll likely see these two terms being used by banks and licensed moneylenders in Singapore. These financial institutions often use lower effective interest rates or lower simple interest rates in their […]
Open Electricity Market Price Comparison Cheapest Plans in Singapore
The electricity tariff in Singapore is on the rise. The second trimester of 2022 saw an increase to 27.94 cents for each kilowatt-hour. That’s a 9.82% increase from last trimester’s 25.44 cents/kWh. It’s also the fifth trimester when electricity in Singapore becomes more expensive. Open electricity market providers are likely to leverage this raise and […]
What Can I Use A Personal Loan For? (With Examples)
There are many reasons why you might take a personal loan. Maybe you need to consolidate debt, make home improvements, or enjoy a well-deserved vacation. Whatever the reason, it’s essential to know what your options are. It is easy to apply for a fast disbursement loan. But first, let us break down some of the […]
Best Options To Fund Your Home Renovation In Singapore
A house doesn’t become a home until you decorate it with your essence. Therefore, after getting your key to the place, you need to start renovating it just the way you want. However, not all of us have plenty of money in our bank accounts. Thus, making our dream house seems like a wild dream. […]
All About Kitchen Renovation Costs For HDB Resale In Singapore
Refuse to wait 5 years for your BTO? Resale HDBs are your next option. After spending quite a bit on your wedding, you and your other half might be feeling a little worried for HDB renovation costs. If you are on a tight budget, which part of your house should you renovate first? Will a home […]
Tips For Battling Stress & Anxiety During COVID-19
COVID-19 is tough. During the COVID-19 pandemic, we’ve lost our friends, family members, and jobs. Some of us ran into financial difficulties and needed a fast cash loan to tide through. Some survived this disease but didn’t recover from the trauma yet. So yes, it is natural for us to be anxious until the world […]
When You Should Consider Getting A Personal Loan In Singapore?
Some Singaporeans are always frightened when it comes to personal loans. They thought the process would be hectic and didn’t really have much idea about the interest rate. There are benefits to applying for a personal loan. A personal loan can save you from hundreds of financial torments. If you can’t pay for your education […]
How To Buy A Car In Singapore & Will Car Loans Help?
For those of us who are always travelling from place to place, or hate squeezing in public transport, having a car is probably the best solution. Getting a car in Singapore is not cheap. Being such a small island, there’s limited space. To manage the demand for cars, the Singapore government has implemented the Certificate […]
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