What Is a Loan Against National Savings? So you’ve got some money saved up in your National Savings account. Good for you! But what do you do when you need a little extra cash? You could take out a loan against your National Savings. That’s right—you can use your savings as collateral for a loan. […]
Introduction We’ve all been there: you find yourself in a tough financial situation but don’t know how to get out of it. At some point, most of us will have to use a personal loan. This guide will explain how you can use your loan wisely and get out of debt without sacrificing your lifestyle. […]
Why People Turn to Moneylenders You may be wondering why people turn to moneylenders in the first place. It’s not because they’re lazy or because they want to avoid paying bills. The truth is, most people who borrow from moneylenders are just trying to make ends meet. They need money to pay for groceries, to […]
Introduction. Personal loans can be used for various purposes, including consolidating debt, paying for home improvements or medical bills, or managing other financial needs. But the different types of personal loans are not all created equal. The best type of loan depends on your individual needs and situation. Unsecured personal loans. Unsecured personal loans are […]
Introduction Money lenders in Singapore are something of a mystery to many people. They act the same way as loan sharks, but without engaging in illegal activities. However, they are not the same as banks and can provide quick cash loans when needed. The Ministry for Law regulates moneylenders, so they are safe to deal […]
Introduction. Personal loans have become one of the most popular methods for borrowing money. Whether you’re looking to purchase a car, pay your way through college, or improve your credit score, a personal loan can help. Although not all types of personal loans are created equal, many benefits make applying for one worthwhile: Personal loans […]
What Is a Loan Shark? A loan shark is an unlicensed money lender who often charges extremely high-interest rates and fees. They can be very dangerous and often associated with organized crime syndicates. They tend to prey on people desperate for money who can’t get a loan from a legitimate source. So if you’re ever […]
Introduction Banks are reluctant to give personal loans to eligible applicants. If a person is not approved for a loan, it’s often because they don’t have enough income or assets to qualify. But there are other reasons why banks might also turn down a borrower’s application. Here’s why banks may hesitate. Banks are for-profit businesses. […]