One of Singapore’s Trusted Moneylenders
Out of 141 countries, Singapore ranked first in the 2019 Global Competitiveness Index. The country scored 84.8 points out of 100, overtaking powerhouse nations like the United States and Hong Kong. For entrepreneurs, this means the country’s economy is extremely innovative and conducive for business. Singapore’s diverse cultures and expansive markets also make it a prime …
Continue reading “4 Small Business Ideas Set to Boom in Singapore This Year”
An Ah Long is a colloquial term referring to loan sharks in Singapore who lend money at an exorbitant interest rate. Habitual gamblers, as well as individuals who are unable to get loans from legal sources, often turn to these infamous lenders for quick cash. Getting a personal loan from Ah Longs, however, is never a good …
Continue reading “Need a Personal Loan? Don’t Borrow Money from an Ah Long”
Emergencies or financial troubles may require you to find a quick source of cash. You have the option to take out a bank loan, but this comes with the uncertainty of the financer’s approval. Plus, banks impose plenty of requirements, such as a good credit score, minimum income, steady employment, and other paperwork. What do …
Continue reading “Borrowing from a Legal Money Lender: What You Need to Know”
Entrepreneurial spirit—it’s a term one might use to describe the mindset of the world’s billionaires. Perhaps, it’s a trait you wish to hone in yourself, as well. Granted, your track record might not be as impressive as Bill Gates’, Mark Zuckerberg’s or Jeff Bezos’, but that doesn’t mean you can’t emulate them when managing your own business. …
Continue reading “Entrepreneurial Spirit: Common Traits of Successful Entrepreneurs”
At some point, you may need a source of emergency funds for financial issues. Your first option would be to take out a bank loan, but that comes with the anxiety of not knowing whether the bank will approve your request. An easier option is to go straight to moneylenders since they offer a faster …
Continue reading “Beware of Loan Sharks: Distinguishing Licensed Moneylenders from Unlicensed Ones”
When faced with a financial emergency, your best bet for some relief is to turn to a licensed moneylender in Singapore. These institutions provide the funds you need to start a business, pay off a debt, or settle an unexpected bill. They offer a quick and painless application process, and they are often more lenient …
Continue reading “The “Multiples” Mistakes that Ruin Your Credit Score”
Despite having limited land resources, Singapore has established itself as one of Asia’s most competitive economies. It has developed into a well-known financial centre and a growing wealth management hub. Singapore’s strong links with London as well as its effective economic policies have attracted businesses into investing in the country. The emergence of Singapore as …
Continue reading “Be Careful Of Sharks: Why Legal Money Lenders Are Still The Better Option”
Debt consolidation is when you take out a loan in hopes of eliminating your other debts. It is rather paradoxical because you will acquire another debt in the process, but it can be highly effective when executed properly. To find a legal money lender in Singapore and make the most out of this gamble, avoid these …
Continue reading “The Worst Debt Consolidation Mistakes to Avoid”
Freedom, flexibility and financial control. These are three common reasons why people want to ditch their full-time jobs and become freelancers. In Singapore, the freelancing and self-employed community is slowly but steadily increasing. As of 2017, there are between 180,000 to 200,000 freelance and self-employed workers in the country, forming almost 10 percent of the workforce. …
Continue reading “Be Your Own Boss: Becoming a Freelancer in Singapore”
At one point or another, people who have a 9-5 job daydream of quitting to take the risk of starting their own small businesses. The idea of earning from the comfort of your own home, being your own boss, and having complete control of your time sounds incredibly appealing. But a decision as big as …
Continue reading “Quitting Your Day Job To Start A Small Business”