Taking out a loan can come with many benefits, such as attaining your dreams or improving your financial situation. However, when it comes to borrowing money from loan sharks, the risks can outweigh the benefits. Loan sharks are illegal lenders that operate outside of legal financial institutions and prey on vulnerable individuals. In this article, [...]
Maintaining a good credit score is undoubtedly advantageous when seeking loans from traditional lending institutions like banks in Singapore. However, a less-than-stellar credit history doesn't have to be a roadblock to obtaining financial assistance. At OT Credit, a licensed moneylender, we offer bad credit loans tailored to individuals who may have faced repeated loan rejections [...]
It is a common misconception that a person cannot get a personal loan in Singapore if he has a bad credit score. There are actually plenty of licensed moneylenders who are willing to lend you money even if your credit rating is not-so-perfect. However, do take note that the interest rates for personal loans given [...]
Have you been turned down by banks or any top financial institution in Singapore when you knock at their doors to borrow money? Do they tell you there is no loan for your profile due to your credit score? Well, it is because of poor scores on the credit report or lower incomes due to [...]
Every once in a while, we might need some financial assistance to help boost our cash flows. This may be due to unexpected emergencies, a need to purchase an asset, or looking to bootstrap your business capital. However, what happens when you try to seek a personal loan with bad credit? In this article, we [...]
When unexpected situations arise, many people look forward to solving their financial situations with the fastest ways of getting that extra cash. These problems range from paying urgent medical bills, car repairs, or an urgent need to fund the business from a good contract that one would happen to land. It’s important, therefore, to seek [...]
