Finance Questions

Question: finance loan?

i notice alot of advertisement on Hassle free fast loan in the weekends newspaper. without any minimum requirements. is it true? - singapore

Answer: This is call "marketing". In fact, they have various packages, such as: Study loan - they lend you an amount said S$8000, for your so call "study loan". After you got your cert, you will have to pay them back the school fee, plus the loan. Loan with CPF - This is actually using your CPF to buy a HDB flat. Instalement loan - You buy a good (usually appliciant like laptop) from a department store by instalment, they will buy from you the good as a lower price, and you just conutinue paying the instalement. Of course, there are still many other packages.

But, in general, you will ended pay more than 100% of the loan that you taken up. Get a loan from a Banks or Legal Finance institute if you need to. This so called "legal loan without requirement" really not worth taking.

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