Quick Credit Pte Ltd is a trusted licensed moneylender in Jurong West. we comprehend the feeling of you need cash in emergency or accomplished of others commiment. In the event, you need a budget for your wedding, vacations or even in an emergency situation we provide several moneylender services with low and competitive interest rates.
We also know that people search for a licensed moneylender company that’s reliable and provide low-interest rates, especially in some other areas.
Benefits of Quick Credit personal loans:
- Personal loans offering low-interest rates.
- Adjustable loan packages to meet every borrower’s individual needs.
- Simple monthly repayment plans that fit one’s paying capacity.
- The friendly staff explains the loan term in detail.
Quick Credit Moneylender Services
- Personal Loan is designed to meet your individualistic needs, you can make use of the money to pay off the hospitalization fees, purchase new gadgets, wedding expenses, etc.
- Bridging loan is a short-term loan, e.g. you are in the process of selling your current house and purchase of a new house.
- Business Loan is specially created for SME entrepreneurs in Singapore. They can make use of the loan to expanding their business.
- Payday Loan is to assist you when there are unexpected expenses.
How to Stay Out of Debt with Low Income
Living with a low income? We all can understand how painful it is. Whether you have started working recently or your employer doesn’t pay much, you will have to survive with limited money at hand. And to make sure that you don’t fall into the deep well of debts, you must follow these tips.
Keep Your Budget to Minimum
This goes without saying that when you have low income, you must create a lean monthly budget. That might mean not going out to eat, having a “staycation” instead of a vacation this summer, and canceling your monthly subscriptions. Just don’t end up buying things that you don’t actually need or spend excessively on an entertaining life. Suppress your wants a bit and keep a control on your emotions. Keep checking your bank balance and cash from time to time to remind yourself of your financial position. All these will help you create a reasonable budget and stick to it throughout.
Think Before You Make Large Purchases
If you have a low income, making big purchases can be one thing where you’ll take a lot of time and consideration. But if you don’t wish to plan well before buying a new car or a washing machine, you are going on the wrong track. A major money habit that separates the rich from the poor is delaying instant gratification. Too many people think being in debt is a fact of life, and end up buying things and paying for them for a long period. This is wrong. Pause and think well before you have to spend more than S$100 for anything. Discuss it with your family members. Evaluate the benefits of what you wish to purchase and weigh them with the cost. If you think that it will be a fair purchase, plan your finances for the future and purchase it.
Avoid the Use of Credit Card
A major financial pitfall for many individuals is using credit cards irresponsibly. Credit cards also increase the odds that you’ll spend more than with cash or debit even if you pay your balance in full each month. Therefore, avoid using your credit card as much as possible. Make sure you only use available cash or your debit card to pay bills and make purchases. Doing so will reduce your liabilities to your credit card. Or even better, don’t purchase a credit card so that you are not attracted to use it for unnecessary expenses.
You can even use a free program like Debx, your credit card acts like a debit card. Each day, Debx withdraws the cash from your checking account to cover your daily purchases–so you never carry a card balance–while you earn rewards points and improve your credit score.
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