U Credit's Latest Financial Insights & Updates

How Do You Get An Equity Term Loan?

If you own a property in Singapore, did you know that you can cash out its equity by borrowing against it? This type of loan is what is called an equity term loan, a term loan, an equity home loan, or cash-out refinancing. If your property has appr...

How To Apply For A Renovation Loan In Singapore

Part of the beauty of owning your own home comes from having the ability to transform it into the home of your dreams. Think beautiful built-in kitchen cabinets, a kitchen skylight, an outdoor patio, or even a nursery to welcome a new baby. Your ho...

What Is The Risk Of Loaning From A Licensed Money Lender?

If you ask any financial or accounting expert on what is the risk of loaning from a licensed money lender, you might get mixed responses.  But in Singapore, there are no major risks in dealing with a legal money lender in general. However, the sam...

What Is A Bridging Loan And Should You Apply For It?

You’re stuck between selling your old property and making the downpayment for the new property. You’re out of cash because your old property is not sold yet. What do you do? How do you get the funds to make the downpayment for your new property?...

How To Choose A Licensed Money Lender In Singapore

Are you having a hard time getting a loan from the bank? Maybe you have a low credit history or don't have the collateral they are asking for. What if friends and family can’t help you with a loan when you need it? Well, there is another way to g...

How To Check And Verify If A Singapore Money Lender Is Licensed

Signing a deal with a money lender in Singapore can take less than 30 minutes if you have the required documents. However, before you take out a loan, it is essential to know how to check a licensed money lender and verify if it is licensed or not...

Borrowing From A Licensed Money Lender – How Much Can I Borrow?

Thousands of people in Singapore turn to legal money lenders yearly for short- or long-term loans. These agencies offer an effortless way to borrow money when you need it most. Many borrowers ask themselves, “How much can I borrow from a money l...

How To Settle Debt With A Licensed Money Lender And Where To Get Help When Required

Are you in debt and unsure of how to settle your licensed money lender? Borrowing can be a burden – not only to the borrower, but also to his or her loved ones. The situation is even worse if you find it challenging to repay the debt. However...

What Is A Moneylender And What Should You Take Note Of?

Being short of funds in an emergency situation, or to pay the bill for significant events in your life (e.g. your wedding) can be discouraging. For most people, borrowing from friends, family, or the bank are the only options they know. But, do yo...

How To Lodge A Complaint Against A Money Lender

In life, you may find yourself in dire need of emergency cash.  Instead of waiting for bank loans that require a lengthy approval process, you’ll probably opt for a licensed money lender with simple terms, quick processing time, trust, and ease o...

What Is An Easy Loan To Get Approved For In Singapore?

24-Hour Money Lender Guide: Legal Personal Loans From Licensed Money Lenders In Singapore

Getting a loan isn’t that easy, especially if you’re facing an emergency and need one urgently. In dire times, the last thing you want is to jump through the hoops of bureaucracy. In times like these, any form of help can feel like a gift from a...

How To Save More Money With The 50-30-20 Rule In Singapore

It is always best to prepare your finances for rainy days. Unexpected events may occur and we are often tempted by our wants. Other than daily expenses, we often aim to travel or to go on a shopping trip. With the high cost of living in Singapore, it...

How Much Money Do I Need To Retire Comfortably In Singapore?

As of 2022, Singapore has just increased the retirement age from 62 to 63. Re-employment age will be increased from 67 to 68. For employees who were hired at 55 years old will qualify for reemployment if they have worked with the business owner for 2...

What Can I Use A Personal Loan For (With Examples)

Many people think that loans are only for emergencies, but that’s not always the case. There are a lot of different reasons you might need a personal loan. Check out our list of examples to see some of the ways most Singaporeans leverage personal ...

Why Did Our Electricity Bills Surge & How To Counter It

Waseh so expensive ah??? You probably noticed your electricity bill climbing higher and higher since the summer of 2021. This phenomenon isn’t limited to Singapore; it’s the whole world going through the same problem. With credit card debt, home...

Rejected By Banks But Need Money Urgently? Apply For A Bad Credit Loan With High Approval Rates

Just got rejected for a loan application? Did you apply for a loan from banks or licensed moneylenders in Singapore but was declined? We understand what you are feeling. There may be frustration, confusion, anger or panic when your loan application ...

5 Ways To Save More Monthly In Singapore (2022 Update)

Finding your way around means to spend less money and cut back can prove to be a challenge. If you find yourself fumbling over, the simplest and most effective way to start would be through reducing your monthly expenses. Don’t worry. We’re not a...

Financial Health: Pros & Cons To Take On A Debt To Invest

Taking a debt to invest is something that many Singaporeans who want fast cash consider. After all, borrowing a small sum now can boost your return on investment faster than if you were to invest your savings. This technique is called leveraging. L...

A Quick Guide: How Much It Costs To Rent In Singapore 2021

Whether you're single or attached, there might be a time in your life where you want to leave your parents' nest. You want independence. You want to live on your own. However, are you financially ready for the costs that come with independence?...