Are you a fresh grad who is tight on cash but unsure of what to do?
Do you need cash urgently to get through this tough period but is afraid of getting unfair rates from financial institutions?
If you are reading this article, it means that you are concerned about your finances, which is good. Don’t get us wrong. We mean that you are a responsible person, planning for your finances and thinking of how to better your income. With monthly expenses to foot, you might have thought of getting a loan but is unsure of where to start. Perhaps, you just need some extra cash until your income rises in months to come. Or maybe you just need some extra cash to purchase a big-ticket item that you have been eyeing for months.
Your eyebrows might be furrowing right now as you recall the horror stories about loans and debts. How can loans be good? Shouldn’t we avoid them? What are the type of loans available and how can they help me?
We understand that thinking and planning for your finances is not easy. We all have bills to pay and responsibilities that fall upon us. It is especially tough for fresh grads as we step into this new phase of independence in life. There are just so many things to consider or pay for and your current income just don’t quite cover it.
To make things easier, we have come up with a list of questions and checklist just for you. This way, you will be able to determine if you truly need a loan, what kind of loan you should get and what is the best way to ensure that you attain the best rates.