18-May

Understanding the Differences Between Licensed and Unlicensed Money Lending Companies

Understanding the Differences Between Licensed and Unlicensed Money Lending Companies

Choosing between licensed and unlicensed moneylending companies is crucial for borrowers to avoid potential risks.

To find a reputable licensed moneylender, borrowers can check the registry, read online reviews, compare interest rates and fees, assess customer service, and seek referrals.

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11-May

The Importance of Debt Counselling in the Debt Consolidation Process

The Importance of Debt Counselling in the Debt Consolidation Process

Debt consolidation helps reduce debt cost, but debt counselling is crucial for long-term financial stability. A debt counsellor assesses financial situations, creates a budget, and identifies debt relief options. Debt consolidation is not a magic bullet, but a tool to manage debt effectively.

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3-Jan

Getting Rid of Credit Card Debt

Getting Rid of Credit Card Debt

If you’re struggling with credit card debt in Singapore, you’re not alone. Credit card debt is a common issue faced by many individuals in the country. According to the Monetary Authority of Singapore, the average credit card debt per household in Singapore is over SGD 10,000. If left unchecked, this debt can quickly spiral out of control and cause significant…

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