Lendela's Blog

Welcome to our blog! Here, you find our latest updates about personal finance, as well as useful tips and tricks. Enjoy!

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Personal Loan

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January 3rd, 2025

What's Effective Interest Rate (EIR) in Personal Loan & How Do You Calculate It?

If you're researching personal loan options, you'll likely come across the term effective interest rate (EIR). This is an important concept to understand because it provides borrowers with a standardised way of comparing different loan...

Personal Loan

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September 12th, 2024

Personal loans: An unexpected lifeline in emergencies

The Lendela LowdownQuick financial support: Personal loans are known for their quick approval and disbursement process relative to typical secured loans (renovation and car loans for example), making them very useful in times of...

Personal Loan

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July 11th, 2024

What Happens if You Don’t Repay Your Personal Loan in Singapore?

Taking out a personal loan can provide much-needed financial assistance for various purposes, whether it's for debt consolidation, home renovation, or emergency expenses. However, it's crucial to understand the repercussions if you fail...

Personal Loan

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July 11th, 2024

How to Use a Personal Loan for Education?

Education is a powerful tool that can open doors to new opportunities and career advancements. However, the rising cost of education can be a significant barrier for many individuals. Personal loans for education, often referred to as student...

Financial Advice

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June 6th, 2024

How to Get a Wedding Loan in Singapore?

Planning a wedding is a joyous occasion, but it can also be financially demanding. In Singapore, the cost of a wedding can be substantial, from booking the venue to paying for photography, attire, and more. This is where a wedding loan can come in...

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