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Struggling to manage your finances in Singapore? A credit line, offering a revolving credit limit, might be the flexible solution you need. This article will explain how credit lines work in Singapore and how they can support your financial needs.
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Credit line FAQs
When is a credit line a better option than a credit card?
A credit line is better when you need flexible access to larger sums over time, often at lower interest rates. It's useful for ongoing expenses rather than everyday purchases.
Credit line, balance transfer or credit line?
Use a balance transfer to pay off high-interest debt quickly, a credit line for ongoing larger expenses, and a credit card for daily purchases and rewards. Choose based on your financial goals.
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