Personal Loan

Renovating your home is a significant undertaking, particularly in Singapore where 31.3% of homes are 4-room resale HDB flats and the average renovation cost is S$45,600.  Homeowners face a crucial decision on financing options: the flexibility of a personal loan or the often cheaper, tailored approach of a renovation loan.  Personal loans provide broad coverage … Read more

A balance transfer can be helpful if you have accumulated a significant amount of credit card debt and want to consolidate the debt into one account through a balance transfer loan. Many Singapore banks provide their customers with balance transfers to help settle unsecured loans and credit card debts, majorly at a lower interest rate. … Read more

Buying a new home but need financing? You can get a bridging loan or a personal loan! Here is everything you need to know before choosing between them!

HSBC Personal Loan offers one of the cheapest loans in Singapore but its loan requirement of S$5,000 is not the lowest, making other banks better options for very small deals.  Pros and Cons Pros: One of the lowest interest rates in the market at 3.7% p.a. Lowest annual income eligibility for expats at S$40,000 Offers … Read more

POSB and DBS Personal Loan provides instant cash disbursement upon loan acceptance even those with annual incomes below $30,000 but charges borrowers higher rates than its competitors.  POSB and DBS Personal Loan Pros: It can be up to ten times your monthly salary When you apply online, it’s assured you’ll get the cash quickly into … Read more

While personal loans come with many benefits, they don’t come without risks. When seeking a personal loan, think about the deep “why’s” and make sure that getting a loan is aligned with your financial goals.  Additionally, you should also have a clear plan on how you are going to repay the loan. Otherwise, you may … Read more

Applying for a personal loan in Singapore may look like a daunting undertaking. However, with accurate information and research, you will recognize a variety of personal loans Singapore financial industry offers. The multitude of choices may be beneficial because it will allow you to consider various factors before deciding which loans to get. In this … Read more

Want to get a personal loan from Citibank? Instant Loan’s latest blog reveals how Citi compares to competitors and what you need to know before applying.

UOB’s competitive personal loan is understandably one of Singapore’s best choices with its competitive interest rates. Learn more about the loan here.