Ever since my sister need of a PC, I helped her to apply for DBS Cashline. That time was only charge at 12% yearly. Now, the rate was ard 18%, 6% less than credit card payment. Worse still, you cannot use those money like credit card did but might be consider good for some ppl. After applied for cashline, got $ liao, go into buying this and that. Ended up paying interest of over $50 mthly. Recently manage to cover back, hope to finish off the loan and close it once feeling it was useless.
So, for those young working adult out there, don't apply for cashline or other credit line. Their interest can kill you as their loan is up to 5k, worst than a credit card. Anyway, try to control your $ problem, paying them interest is totally worthless. :thumbsd:
So, for those young working adult out there, don't apply for cashline or other credit line. Their interest can kill you as their loan is up to 5k, worst than a credit card. Anyway, try to control your $ problem, paying them interest is totally worthless. :thumbsd: