• Overview of Standard Chartered CashOne’s Interest Levels and Features

    Overview of Standard Chartered CashOne’s Interest Levels and Features

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    Overview of Standard Chartered CashOne’s Interest Levels and Features

    Most Useful Small, Short-Term Unsecured Loan: Citibank Fast Money Unsecured Loan

    Think about this if you want a little, short-term loan that is personal

    Eligibility S$30,000 of yearly income (S$42,000 for foreigners)
    Max. Loan Amount 4x salary that is monthly. Loan Amount S$1,000
    Processing Fee None
    Approval Time 60 minutes (before 5pm)

    People that don’t have credit that is excellent, but want seek a reasonable short-term loan, must look into Citibank Quick money Personal Loan (previously referred to as prepared Credit PayLite). They do offer very competitive rates for new customers while it is unclear what Citi’s credit requirements are for this product. For instance, for loan tenures of just one to 36 months, Citibank’s effective rate of interest is 7.5% – 8.5%, which among the list of cheapest prices obtainable in Singapore. (more…)