In the fourth OCBC Financial Wellness Index Report, ‘mortgage stress’ increased to 40% compared to 31% in 2021.
When you borrow from banks or financial institutions, it’s considered a loan. Loans have two types: secured and unsecured. But what are the differences between the two, and what’s the better choice for you?
If you’re struggling to make ends meet, you’re not alone. Personal loans are the most convenient solution to help you fill financial gaps. Curious what are the best personal loan options in Singapore? This guide is for you.
According to the new guidelines, consumers can still borrow up to S$2,000 from Buy Now, Pay Later services without going through credit checks.
According to Minister of State for Trade and Industry Alvin Tan, many homeowners with outstanding mortgages will bear the burden of rising interest rates as loan packages move in tandem with the current market condition.
If you’re planning to sell your flat soon, it’s crucial to understand what the HDB Resale Levy is. This can be quite confusing for beginners, so this guide will let you in on everything you need to know about it.
If you’re a homeowner in Singapore, you may be wondering whether or not you should go for repricing home loans or refinance housing loans. Understanding what both options will help you identify the best thing you need to do.
Two of the most popular ways to borrow money in Singapore are personal loans and lines of credit. But how do you know which of the two fits your needs best? In this guide, we’ll let you in on when to use both financing options.
Considering how important your credit history is, it’s a shame that there’s not a lot of education about it. If you’re driven to fix your bad credit history, you have to know that it’s not an overnight thing. It takes discipline, patience, and hard work.
Debt collectors who follow unethical practices may be fined or jailed under the new Debt Collection Bill.
As banks increase their fixed rate home loans from 2.75% per annum to 3.08% per annum, residential sales are expected to decrease.
Singapore’s biggest lender DBS recently raised its rates on all home loan packages, scrapping its five-year fixed rate package for individuals who own public housing apartments.
Buy Now Pay Later (BNPL) service is projected to be the fastest growing online payment option, particularly in e-commerce transactions by 2025, while credit card usage is expected to fall to 38%.