I want to apply for a renovation loan.
There are circumstances that you did not expect to happen to you. For example, your property is damaged from the fire. This is a big situation that can cause you a big expense if you did not save for emergency money. Even though you do not have enough money you can fix the damage of your property by getting a renovation law.
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You can apply for a renovation loan. The loan amount that you can get is between SG$10,000 up to SG$30,000. The interest rate that can range from 3 to 6 percent depends on the loan provider. You should pay the loan for about one to five years. It is also an advantage to applying for a renovation loan for your property than to apply for a personal loan because it has lower rates than the latter.