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 […]
A personal loan refers to a loan that an individual gets from a financial institution with the anticipation of paying it back in monthly installments. There is an interest charge in Singapore, and it ranges from 3.5% t0 10.8%. It also has a loan repayment period that ranges between 12 to 84 months, whereby the […]
When it comes to personal loans, we are dealing with a very wide branch of the credit market in Singapore, a form of financing that together with the home loan represents most of the requests of Singaporeans looking for financing. But what are personal loans in Singapore? This is a fixed interest rate loan granted […]
Generally speaking, personal loans are considered feasible, safe, and handy for people coming from different backgrounds! Whether you are an entrepreneur or an employed individual – you can proceed with a personal loan in Singapore to fulfill your cash requirements without wasting your time. Google, “Personal Loans Singapore” and you will be amazed by […]
