Nearly all loans that are personal by banks and finance institutions in Singapore disburse funds in to the borrowerвЂ™s banking account. If you not need a banking account but want to get a loan, the next options could are available in handy.
1. OCBC stability transfer
This facility can be acquired to OCBC that is existing Credit or OCBC EasiCredit customers.
OCBC Balance Transfer allows you to transform as much as 90 % associated with the available restriction on your personal line of credit or charge card into interest-free money, having a one-time processing cost as little as 1.80 % (EIR 7.22 % p.a.). The payment periods are priced between 3 to one year.
You can easily use to move the funds to any credit card/credit line account(s) held with some other bank or institution that is financial Singapore; and/or any banking account held with OCBC or every other bank or standard bank in Singapore.
2. HSBC Personal Credit Line
With HSBCвЂ™s Personal personal credit line account, you certainly will get a cheque that is free-of-charge along side a debit card to help you gain comfortable access to your account anytime, anywhere. This credit that is revolving provides you with versatile usage of supplemental income that you could require during emergencies.
Based on your consumer status with HSBC, an interest can be got by you rate as little as 12 % or 16.5 percent (Premier and Revolution/Advance people respectively) вЂ“ industry average appears at about 19.8 percent.