Financial Services - Singapore, , Singapore
Help us eradicate payday poverty.Stories of short term credit loans - payday debt, loan traps and general financial advice commonly dished out amongst each other is - Don't owe credit card debt, don't take overdraft that you can't repay. In Singapore, average household credit card debt stands at S$1,956 of which the average delinquency is 5.4% in Q42020 with 0.50% Default. Short term loans have high interests, usually around 25% per year or more. These loans are taken for the following reasons - including luxury purchases that are beyond one's means, immediate medical or unforeseen expenses or for daily living such as necessities or utility bills.Nobody who holds a proper job and spends within their means should be trapped in a short-term loans debt that would consume all their savings and more.We believe that If we could provide a service that allows customer to withdraw earned salary in real-time at a fee without recurring interest. Our customers will benefit from it.We are here to support your financial well being.
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