What to Do when You Can’t Repay Your Personal Loan in Singapore

Life is full of the unexpected. It is therefore not a surprise when you take a personal loanand find that you are about to default on the monthly payment. The question in your mind at that moment will be ‘What can I do now?’ The following steps will help you prevent a difficult situation.

Step 1: Contact the moneylender

When you realize that you are not going to be able to repay your loan, contact your lender. This is probably the last thing that many people will think of doing. They would rather turn off their phone and ignore the reminders. It is however, the first and most important step. You should notify the Singapore moneylender that you won’t be able to make that month’s payment.

This is important to prevent further charges on your loan. Moneylenders can charge you fees for bounced cheques, failed GIRO account transfers or failure to make your monthly repayment on your loan. Ensuring that they are aware of your situation buys you some time.

Step 2: Negotiate for new terms

Have a chat with your personal loan officer on your options. Make your situation clear to him. Remember that he is human too and faces similar financial problems. You should also remember that the moneylender would want you to repay the loan. This lending institution is in the business to make a profit and will need you to repay the loan in order to do that. The lender will therefore be willing to renegotiate your loan contract to ensure that you are able to repay your loan.

Step 3: Cut down on any unnecessary expenses

Cut down on any expenses that you can do without so that you can get back on the right track. You should work towards ensuring that you can meet the terms of the new contract. After all, it costs money to have the Singapore moneylender change the loan contract. You should therefore strive to adhere to the new terms and conditions.

Step 4: Consider debt consolidation

If you have multiple debts, consider consolidation. This will mean combining all your debts into one large debt and paying back only a single loan. Talk to your moneylenderabout the possibility of taking a Singapore personal loanto pay off the smaller debts and allow you to pay back a single larger loan at a lower interest rate.


About Credit 21 Pte Ltd

Credit 21 Pte Ltd is a professional and fully licensed moneylending company based in Singapore. We have been approved by the Registry of Moneylenders (IPTO) to provide loan and moneylending services in the country. We provide loans to Singapore residents, PRs and foreigners who hold valid Singapore employment passes.

Say Good Bye To Traditional Marketing

Do you want to set apart or stay ahead among other competitors in your business? You have to consider taking digital marketing training after all. If you still use traditional marketing techniques, you may be left behind. It is the digital era, so you have to use digital marketing plan. We cannot deny that more advanced technologies evolve all the time. What does it mean? It means that our promotional activities and online marketing must keep up with the current technology. No matter how small or big your business is, you have to ensure that you include digital marketing in your marketing strategy.

Digital marketing is very simple to measure. Comparing to traditional marketing, we can measure digital marketing much easier. By using digital marketing, we can get brief details of what is working and not working of our business online. We can get the details of how many people are reading, opening, or converting from our emails. We may consider hiring a professional one suchlike Ridho Putradi S’Gara to get the most out of digital marketing. Brand development can play an important role to our business. By using digital marketing, we can easily utilize social media channels to develop brand awareness. We can increase our brand awareness by simply using digital marketing.

Digital marketing allows us to get far greater exposure. From only one online marketing campaign, we can let people throughout the world see it. We can expect long term results from optimized keywords. Encouraging our prospects, followers, or clients will be a piece of cake as we can get obtain greater engagement with digital marketing. Comparing to traditional marketing campaigns, we do not have to spend too much money for digital marketing. So, in less time, we can reach potential customers or buyers throughout the world by utilizing digital marketing.

Building an Affiliate Program

AlfacashierPress_Relise600x500The internet is packed with exciting means to make a couple of dollars for your own use. Are you looking for an opportunity to make money with bitcoin exchange? Look no further. Join affiliate programs, which offer a unique and rewarding way to multiply your revenue streams. Building an affiliate program will take some time, but they are made to produce residual income and with the right one, you will realize your financial goal.

When you first decide to start performing research and looking into the best paying affiliate programs available you will find you are inundated with so much information that you won’t know where to start. It is important to find the most lucrative and highest paying affiliate programs so that you are able to benefit and gain the best possible profit possible from your new venture.

To have your business working with a higher quality affiliate program will bring more respect and further business to your site, a much better prospect than having your name associated with less respectable companies. Another characteristic that stands out in the best paying affiliates is that they have a unique and different product or service that singles them out in the market and allows them to hold their niche with less competition. Having this type of product allows a superior position to be held within the market and this is the kind of site that it is best to be a part of in order to bring more success to your business.

Technology is progressing by leaps and bounds. It is introducing new terms and systems for business and communications on a daily basis. Internet has made a large contribution in this advancement; especially when it comes to the field of business. Online trading or online currency trade has recently attracted many traders. One of the common forms on online trading is Bitcoin Exchange.

Twin Sisters Innovate for Custom Insoles

_DSC9169Meet Leslie and Peyton Salmon, identical twins and the Vice Presidents at FootMindBody.com. Launched in May of 2014, their new website specializes in fabricating custom insoles that are specifically designed around the captured impressions of each of you feet. Leslie tells us, “If you are looking for comfort and stability, you have come to the right place.” The twins should know as they have been creating custom insoles in-house for over 15 years. Peyton explains, “Now with this new website we can reach customers anywhere in the USA.”

The twins, along with their father and CEO, Robert Salmon, have been fabricating custom insoles for diabetic patients since 1998. Mr. Salmon explains, “Over the years we have gained a great deal of knowledge about foot disorders and the mechanics of the feet and legs. Taking what we have learned and applying it to people from all walks of life, not just the diabetic patient, we can offer comfort, stability and pain relief to all.”

FootMindBody.com has seven certified Pedorthists on staff who work with our state-of-the-art 3D AutoCAD design system. A Pedorthist is the title of a professional who has specialized training to modify footwear and employ supportive devices to address conditions which affect the feet and lower limbs. VP Leslie Salmon states that, “This is what sets us apart from the others who claim to create custom insoles.” VP Peyton Salmon goes on to explain, “Our insoles are not cookie cutter prefabs, they are customized from impressions of each of your feet and designed by certified Pedorthists.”

With a sizable investment in new milling machines to help keep up with demand FootMindBody offers specialized insoles for runners, golfers, and those who suffer foot conditions such as plantar fasciitis. “We are gaining new customers who are just seeking a more comfortable, stabilizing insole to make their feet feel happier at the end of that long day,” says Mr. Salmon.

Twins, Leslie and Peyton insist on obtaining only the highest quality of materials for their insoles. Peyton goes on to tell us, “In each of our tri-layered insoles we use the highest grade of EVA materials that can be bought in the world today and each layer has a highly specific task to perform.” FootMindBody.com believes they have the winning combination in acquiring the highest quality materials and employing certified Pedorthists using state of the art equipment. Mr. Salmon states, “The more satisfied customers you get, the more growth you will see.” He also believes that staying focused on fabricating the highest quality product will bring continued success.

Peyton and Leslie have recently combined forces once again are now applying their knowledge for a wider audience and receiving critical acclaim in the process. The twins started fabricating custom sandals that are also made from the buyer’s foot impressions and according to the statistics in sales, they are one hot item and the twins can not keep up with the demand. Their CEO and father describes his daughters as “innovative” and always looking for ways to improve the quality of what they have to offer. “He tells us, when you have integrity in what you do and innovation in how you do it you will continue to grow.”

By John R Allison


Manager at FootMindBody.com