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So you're struggling with multiple debts featuring high interest rates? 74 + 55.91 = SGD 417.13 X24 = SGD 10011.12.

For instance, you avail a loan of SGD 8000 with interest rate of 15%. Usually, there two types of debt consolidation loans offered by moneylenders Singapore. Unsecured loans are offered to the people with good credit history.

 

Things you should consider while taking a debt consolidation loan

Availing debt consolidation loan makes sense only if -

A number of moneylenders in Singapore offer debt consolidation services. Power Credit is a licensed moneylender in Singapore, offering debt advice and financial support for people struggling with money crunch. We are among the most reliable moneylenders Singapore people contact to get a variety of loans such as payday loan, business loan, personal loan and medical loan. We also specialize in consolidation loans and help people manage their previous debts easily and without stress.