Personal Loan Singapore : First Approval & Low Interest - PowerPoint PPT Presentation

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Personal Loan Singapore : First Approval & Low Interest
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Personal Loan Singapore : First Approval & Low Interest

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  1. Wait! Know This Before Signing Your Student Loan Getting hold of the college acceptance letter ensures your ticket to the dream university and having a fair chance to get that degree you were aiming for. However, the second issue that crops up mostly is how do you pay for it if your funds aren’t enough?

  2. Our Service • Financial Institution Singapore • Corporate Banking Services Singapore • Profitable Savings Account  • High Interest Savings Account • Super Saver Account Singapore www.tcc.org.sg

  3. Student loans with low interest Obvious answer, take out a student loan. That may sound an easily lucrative option, and there is no harm in taking one. Student loans with low interest rates are a viable option if you must take one. However, you must consider few things before you decide to pay off your college fees via student loan.

  4. What Kind Of Loan- Federal or Private? There are different terms and conditions associated with a loan. However, a student loan is mostly either fedral (funded directly by the government) or private( individual lenders, private banks, credit cooperatives). Opting for private banks or credit cooperatives could be a wiser option at times as they offer student loans at low interest rates. TCC Credit Cooperative, a reputed credit cooperative in Singapore is offering education loans at considerably low rates of flat 2.2 percent per annum this year. So, get hold of that if you are in urgent need of one. www.tcc.org.sg

  5. Personal Loan Singapore One usually doesn’t like to cut off huge amounts from his income every month, so most people end up paying less amount for longer periods. This means you not only take years to repay your loan, you even end up paying higher interest rates. On the contrary, if you choose to make larger monthly payments, you will not only wrap up your loan sooner, but with significantly lower interest rates. This applies for all kind of loans,be it a marriage loan or a personal loan Singapore banks have similar criterias. www.tcc.org.sg

  6. Keep Track Of Your Borrowing Amount It is vital that you keep a track of your borrowing amount. Borrowing more than the needed amount can be a pain in the future as it can affect your future finances. So, ensure that your loan payments only withdraw a small amount from your salary after you graduate. Also, before signing up for the loan, research salaries in your field beforehand so that you get an idea of your possible future income and make arrangements accordingly. www.tcc.org.sg

  7. Know Your Grace Period A grace period offers you certain amount of time for your first payment which means you need to be aware of your due date. Such periods are helpful when you need time to get a job and get a couple of paychecks before making your first payment. However, making payments during the grace period can offset some of the accruing interest. www.tcc.org.sg

  8. Contact Us 95 Killiney Road Singapore 239537 Opposite SingTel Comcentre Near Orchard Road and Somerset MRT. Fax: 6738 1977 / 6737 0735Email: info@tcc.org.sg www. tcc.org.sg Office Operating hours :Monday to Friday : 8.45 am till 6.00 pmSaturday : 9.00 am till 1.00 pm