So interest rates have been on the rise and you, a home owner, are in a real pickle. Do you stick out your feelers for a refinancing option for your home loan and attempt to lock in a more attractive interest rate OR cower and kowtow to the interest rates gods? Unfortunately, the latter might be a situation rather than.
At some point in most Singaporeans' lives, they would inevitably have to take out a bank loan be it to buy a house, a car, set up a business, pay for their higher education or their kids' education. In times of emergency when a large amount of cash is required, personal loans may also be necessary. Having an AA.