Credit & Loan, Personal Finance

Don’t do these things during a recession

cosigning a loan

According to a senior economist from DBS bank, Singapore is very likely out of a full-fledged recession. To be exact, a recent news report in April this year revealed that our economy grew by 0.2% in the first quarter. While it’s good news, it might be too early to rejoice over the numbers. Economists noted that the trend does not necessarily mean that the economy is doing well. But it’s on its baby steps to pre-pandemic levels. Since COVID-19 has

Read More...

Credit & Loan, Personal Finance

A brief look at debt settlement options in Singapore

an asian couple stressed while doing calculations

Do you know that the average household debt in Singapore is about S$55,000 per capita? With a value that high, there’s no doubt that it’s about time to learn how to manage your debt and minimise it as much as you can. Financial freedom is within reach if you’re able to settle your debt in time the right way. Here’s a brief look at various debt settlement options available on our sunny island. #1: Self-Administration One of the easiest ways

Read More...

Credit & Loan

8 questions to ask yourself before getting a personal loan

a man stressed over bills

Are you in need of quick cash for an emergency? One of the most important factors when considering applying for a personal loan is the interest rate. Whether you’re planning to go for the Standard Chartered CashOne Personal Loan (as low as 3.48% p.a.) or CIMB CashLite (3.5% p.a.), pause for a moment to think it through. Ask yourself these questions before getting a personal loan. #1: Why do you need the money? There are many reasons you may wish

Read More...

Credit & Loan

Top tips on how to pay off credit card debt quickly

credit cards in Singapore

Getting your first credit card is often a liberating experience for many. The idea of having that financial freedom in your wallet and being able to buy almost anything on credit is exciting but sometimes dangerous. Without financial discipline and careful planning, debt can rack up fast. One missed payment can turn into two, and suddenly interest pools up until you’re staring at a balance you can’t imagine paying back. Here are some top tips on how to pay off

Read More...

Credit & Loan

DBS/POSB is giving away free Apple AirPods when you apply for a credit card

Good vibes & great rewards with DBS/POSB Credit Cards Enjoy AirPods, S$200 cashback or 38,000 miles when you apply online for a DBS/POSB Credit Card! Click here for more details. Step 1: Apply online for a DBS/POSB Credit Card below, between 1 April to 30 June 2020 with one of the promo codes below: DBSAIRPODS for AirPods* with Charging Case (worth S$239) DBS200CASH for S$200 cashback* ALTAF for up to 38,000 miles^ (exclusively for DBS Altitude Card). Click here to

Read More...