How much difference is it away from 12x of your salary? Unpopular opinion: If it's not too near away, take up a little more to reach the 12x so you quality for DCP (which is usually at 6-8% p.a. with 1-2% processing fee - much better than any other loan out there). An easier to stomach option would be trying to get a balance transfer to reduce the highest interest loans first. You then give yourself some breathing time to work things out. If you have a private property, you can reverse mortgage it to get cash (secured loan) and pay off these high interest debts. Current interest rate on secured loan should not be higher than 2.3%. If you live in a large HDB (4/5 room), it may be worthwhile to downsize to a less-prime location to unlock cash. Of course, please do your calculations right. You don't want do all that to only have your money lock up in CPF. By calculations, if you maxed out your credit cards and loans, it should reasonably be around 12x since credit card limits are usually 4x monthly income (per bank). Or if your gross income is actually pretty high, speak to a bank about restructuring your loans. They will usually allow you to do that (approx 10% p.a. with 3% processing fee). From there, you can slowly pay off in bulk when you have more cash. Sources to get more cash: Drive Grab during your free time (~$15/hr). If you focus only on peak timing, you can make around $30/hr. Do part-time jobs such as events ($10-15/hr). Deliver Grabfood - lower entry criteria. You can even do it on foot/bicycle - approx $8/hr.