Kenneth Lou

Co-founder at Seedly

07 Jun 2019

∙

How do bank companies make money from interest-free loans?

I saw this offered by a comparison site in Singapore which really made me stop and think deeply. About how this could be really potentially dangerous and risky for people who are really financially illiterate.. Description and images below

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Antonio Marsh

24 Mar 2025

Is this a profitable business model if you have investment?

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HC Tang

07 Jun 2019

Financial Enthusiast, Budgeting at The Society

Nobody teach so if one is not financially savvy, can only learn from bad lesson by taking a loan and get burn from it.

I got burned by it too last time. Learned the lesson and paid the price.

Maybe Seedly could consider white a blog post on it with the fine prints to look out for so some could avoid learning the lesson the hard way.

😃👍 Thanks Seedly always for always being the forefront to lead the change by sharing and educating all 😍🙏🙏🙏

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Kenneth Lou

07 Jun 2019

Co-founder at Seedly

I saw this email from one comparison sites in Singapore:

It was titled - **"Buy now, pay later! In...

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