One of the most talked about topics in 2018 was probably the royal wedding of Prince Harry and Meghan Markle. It was a grand and beautiful wedding that many would call a fairytale. In Singapore, there are fairytales as well. With a wonderful mixture of different cultures, beautiful and different wedding ceremonies conducted by various cultural groups occur.
Regardless of any race of religion, the marriage and wedding is probably one of the most important event in a person’s life. Many couples dream of having the perfect wedding where ladies don on beautiful wedding gowns while the gentlemen put on suits that make them look more handsome than ever. At any wedding, it is full of joy and happiness where friends and families of the couple shower them with blessings.
However, costs of weddings are not low especially in Singapore. Whether it is a traditional Malay wedding, Indian wedding, Chinese wedding or a Western wedding, the entire event usually costs thousands of dollars and sometimes, more than $50,000. Some couples also choose to have many wedding ceremonies which increases the cost of weddings even further.
Weddings in Singapore are rather expensive and the couple needs to do careful planning for the budget. Should they require financial help, wedding loans are a good source of support. The couple should consider both their income levels and work out a budget that will help them make the loan repayments smoothly. Wedding loans should be beneficial for the couple and reduce the chances of money becoming a source of conflict in their marriage. HHL Credit offers affordable wedding loans for all couples and all of our packages can be personalized to suit your needs.
Features of Loan
Borrow Loan Amounts up to : Up to $50,000 for Marriage Loans
Minimum Annual Percentage Rate : 24% per annum (2% per month)
Maximum Annual Percentage Rate : Up to 47% per annum on reducing interest rate (3.92% per month)
Minimum Period for Repayment : From 1 months (31 Days Onward)
Maximum Period for Repayment : Up to 12 months
No guarantor required
No collateral needed
Requirements
In order to speed up the process and get your personal loan at the fastest time frame, we urge that you present these relevant documents to us:
- NRIC Identification Card
- Marriage Certificate / Event Booking
- Any Proof of latest billing (To your residential address)
- Latest 3 months of your payslip / Latest CPF Statement
- Letter of Employment if any
Borrowers that are able to meet this requirement are eligible to take out a loan from us:
- 21 years of age and above
- Singapore citizen, permanent resident or foreign worker with valid working permit
- Presently employed*We reserve the right to ask for further documentation as and when needed on a case-by-case basis
Our loan tenure is ranged from minimum 1 month (31 days onward) to maximum of 12 months and The Annual Percentage Rate (APR) of our Personal Loan is minimum 24% to maximum of 47% per annum for 1 years tenure.