A New Personal Financing Point of View
Have you ever walked into a bank filled up with hope and anticipation, yet come out feeling disappointed and dejected?
Although this occurrence is commonplace around the world, it could be even more prevalent in Singapore. As a result of the high cost of living in this city, taking up loans could be necessary for certain individuals. According to an article by CNBC in 2018, the metropolis has been dubbed the world’s most expensive city to live in for the fifth year running. An average wedding in Singapore costs about S$30,000, potentially even reaching the exorbitant price of S$80,000. Even renovating a flat could go up to as high as S$50,000. Talk about paying a price to be with the love of your life.
Many people, particularly individuals who work in the gig economy, find it difficult to take up loans at banks as a result of failing to have a steady stream of income.
Fortunately, with the official launch of QianNow (now known as Minterest Money) on 1 June 2019, you can say goodbye to a one-size-fits-all model, and instead welcome a new model where the amount of data which a borrower provides will determine a personalised interest rate that is an accurate reflection of the financing cost each borrower should have to bear. There is no penalty for early repayment and the online application is fast and simple, allowing you to log onto the platform anytime, anywhere.
The platform boasts a wide range of product offerings such as business loans, credit card consolidation loans, wedding loans, renovation loans, medical and healthcare loans, as well as personal start-up and enrichment loans. If you have a need that requires financing, no matter how small, QianNow is the platform that will help you make it happen.
Apply for a loan under 5 minutes here and don’t forget to follow us on social media to keep up to date with the latest news and see what we’re doing.