Personal Loan vs Bridging Loan: Which is Better for Purchasing New Property?
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!
Personal Loan
How much personal loan can I get from different lenders in Singapore?
Personal loans can be entirely helpful if you do not have a stable monthly income flow or situation. Although the loanable amount and interest rate might vary from lender to lender, it is important to select from multiple loans suitable for your needs. How much can I borrow with personal loans? You can borrow up … Read more
Top 4 Banks Offering Foreigner Loans in Singapore (2021)
If you’re a foreigner needing emergency funds, this article provides a list of the most reputable banks in Singapore that can address your financial needs.
What Is EIR in Personal Loan and How to Calculate It?
For sure you are familiar with the term interest rate, which is the amount that lenders charge in exchange for the assets they lent. It is often expressed as a percentage of the principal loan amount. But, have you heard of the term effective interest rate (EIR)? In this article learn all things about EIR. … Read more
Bank of China Personal Loan Review
Bank of China’s $martLoan personal loan is an excellent contender against the other personal loan products available. Learn everything about it here.
5 Things You Should Know About Personal Loan Interest Rates in Singapore
No Singaporean has gone through their lives without using a personal loan as additional financing for a time-sensitive investment or expense. Truthfully, all personal loan interest rates increase yearly. They start at 3.5% and often end with an enormous 11% due to the yearly interest rate increases. Most Singaporeans use the interest rate as their … Read more
10 Best Banks for Personal Loan 2021
The average bank loan in Singapore you can get is enough to pay for virtually a new vehicle, college fees, and other products in the same range. However, these products change in interest rates and loan amounts yearly or within every few years, and it has changed for the better this year. If you have … Read more
HSBC Personal Loan Review Singapore
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
DBS Personal Loan Singapore Review
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
POSB Personal Loan Review
Thinking of applying for a POSB personal loan in Singapore? Instant Loan’s latest blog guides you through the application process and what you need to know.