facebookHi all! I’m doing a small social experiment about how SGporeans view ‘future money’. Things like CCs, personal loans or BNPL. Like When you REALLY need borrowed money, which option do you go for first - Seedly

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Hi all! I’m doing a small social experiment about how SGporeans view ‘future money’. Things like CCs, personal loans or BNPL. Like When you REALLY need borrowed money, which option do you go for first

Discussion (14)

What are your thoughts?

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I would find the lowest interest rates where possible, and also depending on amount. If small amounts, perhaps personal loans but to pay off asap. Credit cards the very last option because very high interest rates.

If you have CC, it would be that first since they gave cashback followed by BNPL and lastly personal loans.

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Kent Toh

18d ago

Consultant at Sprinklr

Relatives and friends first

Probably CCs, because you can get rewards while getting the borrowed money....

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