Introduced in 2013, the Total Debt Servicing Ratio (TDSR) was intended to “strengthen credit underwriting practices by financials institutions”, and to …

Businesses take loans for various reasons and they come from various sources, each with its own stipulations and pros and cons. Short-term business loans, for …

Credit and debt are a powerful tool to meet our materialistic goals. They allow us to buy our dream homes, luxury vehicles, exotic vacations and so on. Buying a …

Homeowners use refinancing to pay off their existing mortgage with a new loan, which usually has a lower interest rate. In general, such loan schedules are …

Short-term loans essentially work the same as medium- and long-term loans, with the only difference being a shorter repayment period, which is usually within …

Simply put, TDSR – or Total Debt Servicing­­­­­­­ Ratio – which was introduced by the Monetary Authority of Singapore in June 2013, limits the amount that home …

In our society, there’s a pervasive myth that any debt is always a “bad debt”. Whenever we talk about taking out a loan, or owing someone money, it’s almost …

What is a Bridge Loan? In simplest terms, a Bridge Loan is a type of gap financing arrangement wherein the borrower can get access to short-term loans for …