Asked by Anonymous
Asked 2w ago
When applying for a loan in Singapore, what are some factors that banks will look at?
Yes for sure, you can obtain your credit score for $6.42 at any singpost office
If you are going to a bank to enquire about a loan they might even give you your report for free. HSBC SG does it online it seems (i have not tried this)
Yes, the credit score evaluates your current debt situation and the probability of default. This is commonly used whenever one apply for a loan.
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