Category Archives: Loans

5 Questions to Ask Before Purchasing a House

Planning on purchasing your dream home in Singapore? Purchasing your dream house is a big deal and don’t let anyone tell you anything different! Let us help you out by telling you about the important questions you need to ask before you do so!

Car Loan Refinancing – Is It a Good Idea?

The usual car loan interest rates in Singapore range from 2.5% to 3.5%. So if someone offered to take over your current loan at a lower interest rate, wouldn’t it be great? Here’s everything you need to know about car loan refinancing.

Is HDB Loan Refinancing a Good Idea?

If you are reading this article, you’d have already taken an HDB loan, but are now wondering whether you made the right choice. You want to know if refinancing an HDB loan with a bank loan is worth the effort. Don’t worry, we have the right information for you!

[Infographic] 5 Types of Loan Seekers You Might Know

We all have a few common characters in our lives. The nosy Ah Soh, the grumpy uncle down the street, the hipster-wannabe; we all know somebody who fits in these characters. Similarly, there are a few different types of personalities when it comes to taking loans. Which character do you relate to?      Follow BankBazaar… Read More »

Bring home a new car this Deepavali, thanks to an OCBC Car Loan

As golden hues illuminate houses and a sense of joy descends on Singapore, thousands of us get an opportunity to revel in the spirit of Deepavali, which is aptly called the Festival of Lights. I don’t think there is anyone here who doesn’t love Deepavali, for it is a time of celebration, with vivid colours,… Read More »

SIBOR, Home Loans, and the US Economy – The Money Cycle

Owning a home is a dream most of us harbour, spending a majority of our life trying to turn this dream into a reality. Those of us who have tried know the hardships involved, be it finding a home which suits our needs, arranging the finance, paying mortgages, doing the paperwork,… the list is exhaustive.… Read More »

What to do if your home loan gets rejected?

Imagine a situation where you just got to know that your home loan application has been rejected What now? Before you whip out a playlist consisting of sad Stefanie Sun’s songs, you need to know this is not the end of the world. Or the end of getting your dream home. There are several reasons… Read More »

Secure Your Financial Future By Not Missing Payments On Unsecured Credit Debt

Silver Lining in a Nutshell: What Singaporeans have done right in the past year when it comes to Credit Card Debt: The ratio of credit card rollover balance to the country’s GDP remains low at 1.4%. Credit Card loans rose to 16% by the third quarter of 2012 but turned negative by the second quarter… Read More »

The BIG 3 – Top Car Loan Providers in Singapore

The wind in your hair, long, smooth winding roads, great music and scenic views on either side, this is perhaps what most of dream about every time we close our eyes at work. The sad reality is that dreams don’t often come true, resigning us to just a vision, for most dreams require money, money… Read More »

Guide to expenses involved in purchasing a new property

Purchasing a brand new property in Singapore, may it be an affordable condominium or a high class residential suite, must be planned very carefully as it is a lifetime commitment. It is possible that all your savings get drained out when you buy a property. Upfront costs, deposits and monthly installment payments can take your… Read More »

Selamat Hari Bapa – Money Lessons from Dad

The first time you wrapped your little hand around his thumb, your dad knew your future depended on him. The first time he pulled an all-nighter, cradling you in his arms, you knew you would always be comfortable and safe.These firsts, emotional as they may be, were the bedrock of your financial future. Over the… Read More »

What you Need to Know About Licensed Moneylenders in Singapore

There are many reasons why approaching a bank for a loan may not be a feasible option for the people on the island. Some of the obvious reasons include – You are a Singapore Citizen (SC) or a Singapore Permanent Resident (PR) earning less than SGD 20, 000 per annum You are a foreigner earning… Read More »

Should You Stay or Move? Can’t Decide Between Relocating and Renovating?

At one point or another, our families will start to grow and evolve, either by welcoming a newborn child, pet, acquiring possessions and so on. The space that once engulfed you and your spouse have now become too stuffed. The privacy that was once considered overrated has now become the need of the hour. One… Read More »

What you need to know about Bridging Home Loans?

Buying your dream home is always exciting, you are finally trading your old home for a home that you have always dreamed of owning and living in every single day of your life. This thought is enough to get you caught up in the excitement that you have completely forgotten that you have not yet… Read More »

How to Repair Your Credit Score

Many of us take our credit score for granted, start making late payments, missing payments etc. for various reasons, but whatever the reason, the result will always be the same – deterioration of your credit score i.e. a poor or below average credit score. Have you ever wondered as to how your credit score can… Read More »