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Anonymous
Is it better to get a loan from the bank to pay off the credit card debt knowing loan interest rate is lower than credit card interest rate?
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Victor
10 Jun 2021
Financial Service Consultant at AIA
It will be the lesser of the 2 evils
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佩珊
07 Jun 2019
Sport N Social at Seletar Country Club
If Foreigner get any easy loan at Singapore
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Brandan Chen
07 Jun 2019
Financial Planner at Manulife Singapore
You may consider balance transfer. It's a scheme whereby they charge 0% interest for up to 6 months. This may give you some leeway if you are able to pay off the debt in about 6 months
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On theory, it sounds like a sound plan. Clear the higher interest loan then clear the lower interest...
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Adding on to what Kenneth said about DCP. There are another type of DCP you can go for https://findtheloan.com/glossary