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Saturday, October 31, 2009

Can a person above 18 but under 21 years old take a legal loan in Singapore?

All the banks in Singapore only provide loan services to those who are above the age of 21..



I am thinking to apply for study loan..... but only 20 now. Pls advice..thanks!



Can a person above 18 but under 21 years old take a legal loan in Singapore?

I'm afraid not. Most financial institutions need you to be above 21 to loan legally. Some even need a guarantor if you're above 21 and below 24. Maybe you can get someone older to help you. Don't think of going to loansharks now...



Good luck



Can a person above 18 but under 21 years old take a legal loan in Singapore?

i think as long as you are legal and you meet the their requirements.

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