Personal Loans Guides & Glossary: Everything You Need to Know About Personal Loans in Singapore

Securing a personal loan in Singapore involves meeting specific requirements, with lenders typically evaluating your credit score, credit history, income, and debt-to-income ratio.

When a study loan is not applicable, Singaporeans can use a personal loan to fund education and school fees

Managing a personal loan well comes down to four things: know your exact interest cost (EIR, not the headline rate), pay off your highest-interest debt first, make extra payments whenever you can without triggering early repayment penalties you didn't budget for, and keep a small emergency fund so a surprise expense doesn't force you into new debt. Here's how to reduce debt with a plan that actually holds up month to month.

For most home renovations, take a renovation loan first — it has a lower effective interest rate — and use a personal loan only to top up beyond the S$30,000 renovation loan cap or to cover furniture and appliances, which renovation loans can't fund. Here's the full personal loan vs renovation loan comparison, including current income requirements and interest rates.

A personal loan involves borrowing a sum of money from a financial institution, which is then repaid in scheduled monthly instalments.

This guide to buying property in Singapore covers everything from eligibility and cost to financing — including a dedicated guide for how to buy a house in Singapore as a foreigner. This includes the current property cooling measures, most recently revised on 27 April 2023, which remain in effect in 2026

Unlocking funds with your assets: A guide to secured loans.

If you must borrow money to tide you over a rough financial patch, you should at least be well verse and informed of what you’re getting yourself into.