View Poll Results: Personal Line of Credit / Personal Loan

Voters
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  • ABN Amro

    0 0%
  • Citibank

    2 22.22%
  • DBS/POSB

    4 44.44%
  • HSBC

    1 11.11%
  • Maybank

    1 11.11%
  • OCBC

    1 11.11%
  • RHB

    0 0%
  • Standard Chartered

    0 0%
  • UOB

    0 0%
Results 1 to 13 of 13

Thread: Personal Line Of Credit? Your preferred choice!

  1. #1
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    Talking Personal Line Of Credit? Your preferred choice!

    Hi guys,

    Just wondering,
    Which bank offer the best "Personal Line Of Credit" currently?
    Canon EOS 40D | Canon Powershot S5 IS

  2. #2
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    Default Re: Personal Line Of Credit? Your preferred choice!

    "your name" Banking Services

  3. #3
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    Default Re: Personal Line Of Credit? Your preferred choice!

    Quote Originally Posted by lovells19 View Post
    "your name" Banking Services
    eh? What u mean?
    Canon EOS 40D | Canon Powershot S5 IS

  4. #4
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    Default Re: Personal Line Of Credit? Your preferred choice!

    Quote Originally Posted by Paranoia08 View Post
    eh? What u mean?
    don't sign any better

  5. #5
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    Default Re: Personal Line Of Credit? Your preferred choice!

    Quote Originally Posted by lovells19 View Post
    don't sign any better
    Ya, it's true...
    but most of the people may get personal loan whether they're buying homes, renovating homes, etc...
    So this is just to see what most of the people prefer..
    Canon EOS 40D | Canon Powershot S5 IS

  6. #6
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    Default Re: Personal Line Of Credit? Your preferred choice!

    Quote Originally Posted by Paranoia08 View Post
    Ya, it's true...
    but most of the people may get personal loan whether they're buying homes, renovating homes, etc...
    So this is just to see what most of the people prefer..
    For my reno loan I chose DBS. Actually no preference, just that at that time DBS was the only bank that I had internet banking with and it made paid paying off the loan easier. For reno loans most banks offer around the same interest rates, so it'll be a tough choice.

    My car loan also DBS. Waiting for the 3 year mark so I can pay up the loan in full without incurring a penalty.

    For my housing loan I didn't have to borrow from bank......... cos I got the loan from HDB..... Best!! fixed interest rate throughout the 30 years!! HAHAHA!!

    But if you're thinking of getting a personal line of credit to buy stuff like cameras etc, please don't. It doesn;t make sense.
    Last edited by NitroTech; 20th June 2008 at 10:44 AM.

  7. #7
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    Default Re: Personal Line Of Credit? Your preferred choice!

    Quote Originally Posted by Paranoia08 View Post
    Ya, it's true...
    but most of the people may get personal loan whether they're buying homes, renovating homes, etc...
    So this is just to see what most of the people prefer..
    Ahh ic
    I thought for cameras

  8. #8
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    Default Re: Personal Line Of Credit? Your preferred choice!

    Quote Originally Posted by lovells19 View Post
    Ahh ic
    I thought for cameras
    Haha....
    No la... not for camera...
    including the interest, can buy <camera bodies> or <lens> x2 already...
    Canon EOS 40D | Canon Powershot S5 IS

  9. #9
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    Default Re: Personal Line Of Credit? Your preferred choice!

    DMB is the best option.

  10. #10

    Default Re: Personal Line Of Credit? Your preferred choice!

    Quote Originally Posted by Paranoia08 View Post
    Hi guys,

    Just wondering,
    Which bank offer the best "Personal Line Of Credit" currently?
    None.

    I get at least 2 to 3 calls a week from various banks claiming to be offering the best deals in town.

    Granted, there was a time when I was cash-strapped and fell hook, line and sinker into the line of credit thing. To keep a long story short, steer clear of these "seemingly good deals".

  11. #11
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    Default Re: Personal Line Of Credit? Your preferred choice!

    Loan for house, ok (HDB best).

    Loan for car, ok (if you really need one and financially comfortable)

    Personal line of credit, no need. At most 1 credit card for the odd time you need for holiday hotel booking etc..

    Cash is best. No money then save up. Many of us have experience it bad when we are less mature then. The people in their early 20s are their targets for such unsecured loan. Waiting you to fall.

  12. #12
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    Default Re: Personal Line Of Credit? Your preferred choice!

    None of the above....Cash is King

    Once you got a habit of using card...then more cards.....

  13. #13
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    Default Re: Personal Line Of Credit? Your preferred choice!

    Don't

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