Ocbc personal loan interest rate singapore

Adjustable-rate mortgage (ARM). With this type of mortgage, interest rates change from time to time to reflect current market conditions. In many cases, the rate remains fixed for an initial period, and then it is adjusted on a yearly basis.

For example, with a 31 ARM loan, the 3 in the name indicates that the loan has a fixed interest rate for the first three years.

Afterward, the rate is adjusted on a yearly basis, as indicated by the 1. Conventional mortgage. This is a mortgage loan that is issued with no government backing. A conventional mortgage might come with a fixed rate or an adjustable rate. Government-insured mortgage.

This is a mortgage that is backed by the government, such as Federal Housing Administration (FHA), the U.

Ocbc personal loan interest rate singapore

If you cant get an advance from your boss, you can do the same thing through an app called Activehours. You just send in a picture of your time sheet to show how many hours youve worked. The company deposits your pay for those hours into your bank account, up to a maximum of 100 per day.

Then when your paycheck comes in, Activehours takes the money its already paid you directly out of your account.

On the face of it, this looks a lot like a payday loan. Youre still getting a lump sum that you have to pay back all at once, automatically. The big difference is that, with Activehours, you dont have to pay a huge fee or any fee at all.

Ocbc personal loan interest rate singapore

People get personal loans to help with home repairs, unexpected expenses, holiday shopping, and more. Such a loan from one of our lenders can help you get the cash you need.

Just fill out our Online Form. Follow the short process and if you are approved, receive your cash loan. APR INFORMATION. Annual Percentage Rate (APR) is a measure of the cost of credit, expressed as a nominal yearly rate. It relates to the amount and timing of value received by the consumer to the amount and timing of payments made. We cannot guarantee any APR since we are not a lender ourselves.

An APR can generally run between 6 up to 35.

Ocbc personal loan interest rate singapore