Financial crises are part of our lives. Many Singaporeans face debilitating accidents, retrenchments, or evictions. The best solution is to have an emergency savings account, but that’s challenging if you’re living off a minimum salary. In this situation, you can consider a personal loan. However, your bank’s approval process may be prolonged and intricate. Remember […]
If you are a low income earner in Singapore and you are shopping for a loan, your bank has most likely rejected your application. This is now a common occurrence as banks have classified low income earners a big risk. You are likely to go through countless hurdles as you try to access some quick cash when you are in need of a loan urgently.
While the wages in the country might be among the best in the world, you will find yourself facing financial constraints. More importantly, you might not have savings enough to meet all your financial obligations. Here are some of the reasons you might need to look for a Singapore loan even with a good salary.