Debt Consolidation: What It Is and How It Works

Debt Consolidation: What It Is and How It Works 25/05/2022

When you have bills and loans to pay, it’s easy to lose track of them. Getting behind on payments happens to the best of us. No matter what reason you have for incurring debt, Capital Funds Investments understands how badly you want to overcome the situation and gain firm financial footing once again. We offer debt consolidation, an effective solution to help clients in Singapore who are overwhelmed with their unfulfilled financial obligations.

The Strategy

Credit card debt and deceitful money lenders have unreasonably high interest rates and hidden fees that make it virtually impossible for the debtor to get any breathing room. At Capital Funds Investments, we believe that this is unfair. Our debt consolidation plan will help you settle your liabilities so you can start living your best life.

Debt consolidation involves combining multiple debts into a single large loan or debt.It typically has more favourable payoff terms, such as lower monthly payments and interest rates. Debt consolidation falls under two types: secured and unsecured.

Benefits of Debt Consolidation

One Easy Payment, Once a Month, to One Creditor

By consolidating all your liabilities into a single loan, it will be easier to stay on top of payments. With a lower interest rate (maximum 3.9% interest per month), this strategy allows you to save more time and money at once. Our debt consolidation in Singapore offers convenience and peace of mind to borrowers who struggle with managing the number and size of their outstanding debts.

Boost Your Credit Score

Paying off credit card debt with a loan lowers your credit utilisation ratio. This is the total amount of credit available to you versus your credit card debt. Clients who are able to make their new payments on time religiously will find their credit scores increasing.

Quick and Easy Application

CFI has simplified the process of debt consolidation in Singapore. Application only has a maximum 30-minute turnover, and we’ll release the loan to you as soon as the following documents are signed and approved:

  • 1 Valid ID
  • Payslip
  • Recent 12-Month CPF Contribution Notice
  • Income Tax Notice

man speaking with a financial consultant

Types of Debt Consolidation

There are various debt management solutions. CFI has the financial expertise and industry know-how to help you find which type of debt consolidation may work for you more than another. Here are some examples:

  • Personal loans
  • Credit card balance transfers
  • Home equity loans
  • Debt consolidation loans

Talk to a Licensed Loan Provider

Working with a reputable financial institution like Capital Funds Investments is the key to getting off the corner of debt and stress and on the road to financial freedom. Let us create a loan repayment plan suited to your lifestyle, income and goals.

You don’t have to worry about where your money is actually going because we are reliable and licensed professionals specialising in debt consolidation in Singapore. We’ll take good care of your assets, making sure they go through the proper channels and are used to pay your liabilities accordingly.

Get in touch with us for a consultation today. You may visit our Contact page to fill out the inquiry form. We can also be reached via phone at +(65) 6281 7736 or email at

According to the Singapore Department of Statistics, 99% of all businesses in the country are small and medium enterprises. SMEs also support approximately 70% of local employment.

SMEs are the backbone of the economy. Unfortunately, many of them find it difficult to get the funding they need to grow their business. Some turn to financial institutions for a business loan in Singapore, to help them cover operating costs, expand their business, purchase equipment, and pay for other expenses.

One option available to SMEs are unsecured business loans. Read on to learn more about them and their advantages.

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