Unsecured Loans

Are you in need of a quick money loan to satisfy other financial obligations? Or maybe you need a quick loan to pay off your kid’s tuition this coming academic year? You could be well aware that the practical choice would be to apply for a loan in lump sum and just gradually pay off the loan in the coming months, but maybe you aren’t willing to go through the hassle of signing part of your private property as collateral to a credit company. Well here at SU Credit Pte Ltd, we have a solution for you.

Here at SU Credit Pte Ltd, we offer unsecured loans. We offer a loan package with fair and acceptable payment terms without having to require you to sign your own private property as collateral.

What is an unsecured loan?

An unsecured loan is a multi-purpose cash loan which you can apply for without having to give up your private property as a binding agreement for collateral with the either a bank or a credit company. However, since unsecured loans are, in its own sense, unsecure, it leaves more risk for the lending company. Furthermore, to compensate for their possible risks, interest rates used for unsecured loans are higher than personal loans secured by collateral.

How do I apply for an unsecured loan?

Since unsecured loans are not bound by an agreement with collateral, the bank or the credit company will take into account your credit integrity. They will do this by looking into the applicant’s past financial records with other institutions and appraise their credit integrity. The higher your credit integrity, the more flexible the credit company will be with you regarding payment terms, interest rates are also adjusted depending on the applicant’s credit integrity.

Unsecured loans can help you gain credit!

Since your approval for an unsecured loan is highly dependent on your credit integrity, successfully applying, getting approved, and finally paying off your loan with any financial institution will help you gain credit integrity to review by banks and credit companies you may choose to transact with in the future. This will give a definite boost to your ability to apply and be approved for more loans in the future.

Are you interested in applying for an unsecured loan with SU Credit Pte Ltd? Get in touch with us today, our adept and accommodating loan officers will be more than happy to answer any questions you might have!

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Su Credit, 175 Bencoolen Street #01-36 Burlington Square, Singapore, 189649 Tel: +65 6636 5644