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CPF contributions

CPF is an authority in Singapore which ensures the financial stability of employees of registered companies in the country. CPF ensures that employers pay both the company’s and the employee’s share of the contribution to the fund as long as the employee earns over $50 a month.

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Where to Stay in Singapore on a Budget?

Considered as one of the most expensive city all over the world, there are still some amazing ways to roam around Singapore without spending too much. You shouldn’t limit your budget accommodation on low-end and dirty establishments. There are lots of well-maintained and wonderful options.

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Saving for retirement

Right this very minute! Really, the sooner the better! Once you start working and earning an income you need to start thinking about what you want to do for a retirement plan and what your financial goals are in general.

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Licensed Moneylender – Bankrupt Company

In Singapore, companies that undergo losses within three consecutive years are put on a watch-list. Some companies are being monitored by the Singapore Exchange (SGX). If you have invested in a company that became part of the watch list, this post will tell you the risks and the expectations you need to get ready.

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New Year 2021

Happy New Year 2021 and good luck for new beginnings!
We will be closed on 1st January 2021, but we will be back on 2nd January 2021.

SINGA CREDIT. Your trusted and reliable licensed moneylender in Singapore.

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What Happens if You File Bankruptcy in Singapore?

In Singapore, credit can be availed easily. It has both an advantage and a disadvantage. Some people are unable to pay their debts on schedule. This leads them to pay overdue interests, plus the loan payment itself.

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Christmas 2020

Dear Customers, Singa Credit wishing you a very Merry Christmas and and amazing New Year! We will be closed for 25th December 2020 but we will be back on 26th December 2020.

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Licensed Moneylender – What to consider when taking a loan

Many people are in need of loans for various reasons, some credible others not so credible. Taking up a loan is a personal decision that could affect the borrower’s financial well being either positively or negatively. If the money is being borrowed to be invested in appreciating assets or a business venture, this could help improve the borrower’s future financial position. On the contrary, there are people who take up loans to fund their holidays, weddings, or other leisure activities that will not earn them any tangible profits. Most of them end up regretting because their financials become a mess after that. Whatever the reason for taking up a loan, there are factors that need to be considered prior.

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Pension Plan

A huge component of many people’s retirement plans is a pension plan. Pension plans are typically provided by a company on behalf of its employees as a way to save for retirement. The concept is that employees and employers contribute money into the pension plan in the hopes that the account grows to a substantial enough size to provide a solid income after retirement.

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Licensed Moneylender – Wealth Management

The term wealth management in quite commonly heard in financial market parlance. In fact it is often loosely used and sometimes it can be quite confusing, especially for all those who are new to financial markets.