Business Solutions

Are You Ready for that Car Loan?

Buying a car is one of the biggest purchases you will make, so finding something that aligns with your budget and lifestyle is important. It can be especially tricky to find reliable financing for a car, whether you take out a loan or buy it outright.  There are plenty of lenders available that offer car loans, and finding the right one can be difficult. Doing your research can help you secure more favourable interest rates and repayment terms. Here are


Pros and Cons of a Car Loan

A car loan is perhaps one of the best loans to be ever created by lenders. It allows you to finance a vehicle easily that can help you cut down on commute costs in the long run. If managed properly, you will end up a proud owner of a new or used car. However, if you mishandle the loan and make delays in the monthly payments, you might end up in emotional and financial stress. You could be struggling to


Transport & Motoring

4 Types Of Car Loans In Singapore

1. BANK’S CAR LOANS Bank car loans are the most accepted, traditional, and typical route consumers take. Due to their traditional nature, loaning money in the bank requires the completion of fixed procedures that attest your financial stability. You will be asked to complete a loan application that may include: your name, NRIC, date of birth, address, current and previous employers, length of employment, occupation, sources of income, total monthly income, and information about existing credit accounts. This along with