How to Compare Moneylenders in Singapore (2019 Update)

Latest Update for 2019: With the new Government ruling, all money lenders in Singapore are to cap all loans provided at a maximum of 4% interest rate per month. Therefore we urge all borrowers to make full use of this wonderful offer today by applying for an online loan here. The best advice anyone can give when you are searching for a loan from moneylenders is that it pays to take time to compare lenders before committing to any particular lender. There are many moneylenders in Singapore. Many of them are licensed and registered in the Registry of Moneylenders. It […]

Apply for a Singapore Marriage / Wedding Loan to Make Your Big Day Memorable

Planning a wedding in Singapore? This is the best choice you could have made because there are many fabulous wedding destinations in the country. Whatever the theme of your wedding, there is a venue that will bring to life the idea you have in mind. You can opt for an array of themes including beach and seaside theme, sunset weddings, waterfront weddings, classical weddings, clubhouse wedding or any other theme you have in mind. While Singapore is the perfect wedding destination, there is a catch; the cost of a Singapore wedding is enormous with an average wedding costing upwards of […]

What Trump’s ‘America First Policy’ Means for Singapore and the rest of Asia

The world is still shell-shocked after Trump’s victory in the U.S elections. In emerging economies, especially in Asia, things could never be worse. The region has countries that have strong ties with the U.S and Trump has said he intends to look anew at all these partnerships. In Singapore, the markets tanked after the announcement of the results and this was replicated across Asia; from Shanghai to Seoul. President of America not the World One of the reasons Trump managed to stun Hillary Clinton was his promise to put America first. During his first official press conference regarding his […]

How Gold Prices are Determined and is it a Good time to Invest in Gold?

The global market is all hyped about the place of currency trade, but there is one catch; currency is not stable. In Singapore, the country’s economy has been undergoing stunted growth over the last few quarters but one asset that seems not to fall out of value is of course gold. The country’s exports in June 2016 according to MAS were downcast to 2.3% but this rapidly changed to 11.7% amidst a backdrop of increased gold exports. The country’s gold exports to Malaysia, China and Switzerland among other countries have grown by a phenomenal 436.7% since May 2015. If you […]

Car Hire Apps Set to Reduce Singapore Taxi Fleet Growth

The entry of private car hire apps is causing ripples across the globe. The trend is now catching on in the taxi industry with flashy new entrants hogging the market share. Over the years, companies such as SMRT used to rule the streets of Singapore but this is changing with the entry of global powers that are leveraging smartphone technology. Global Phenomenon With over 94% of Singaporeans owning a smartphone, the entry of companies such as Uber and Grabcar taxi companies has excited the market. The companies have caused a global phenomenon but in Singapore, traditional taxi companies still […]

Reality Check: The Cost of Private Education is High in Singapore

The most expensive in all of Asia ‘Private education in Singapore is a bit of a nightmare for expatriates.’ A recent report by the Centre for Economics and Business Research has shown. Apparently, the total amount of tuition fees needed for an expatriate is well over $500,000. In fact, Singapore has the highest average annual tuition fees for international schools in all of Asia. A look at the average tuition fee in 2015 of one international school based in Singapore, revealed that parents would pay $35,100 per year for senior school, $30,300 per year for preparatory and $27,300 per year […]

Early Planning to get the Low Interest Rate Personal Loan Singapore Deals

Assume you want to apply for the low interest rate personal loan Singapore today, what would first come to mind? If you are like most household owners, you will most likely start thinking about the best lender to deal with. Major Pitfall in Low Interest Loan Search However, this is a pitfall most borrowers fall into time and again. It is high time you learnt how to extricate yourself from this trap. For starters, Singapore has an amazing array of credible lenders and there is no dearth of choices. If you listen to most borrowers, the problem in obtaining […]

Moneylender Tips – Identifying Legal Moneylenders in Singapore

How do you tell a if a Moneylender in Singapore is a legal one? Here are some tell-tale signs: No telemarketing or SMS According to the Ministry of Law rules and privacy acts, moneylenders should not advertise their services in the form of telemarketing or SMS marketing. The penalties for advertising these services are harsh. Moneylenders can easily lose their licenses if they are caught. However, many illegal money lending services use SMS and telemarketing to market their services to unsuspecting consumers. It is important to avoid these services. No online bank transfers Moneylenders often claim that they are able […]

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Find out more about moneylending in Singapore, courtesy of Credit Matters.