Which bank/instutition/money lender best to take loan with lowest interest

[LOBSTER07]

Qns1)I jus move to resale house..i don wan to sign up reno loan(exple 35k)..i wan to use the loan money to make up my house myself..i stil new in loan..i wan to have lowest interest and oso benefit,flexible in paying back etc

Qns2)wat if smething happen like death or disability?..wil it b waive off or they wil find other ppl to pay it..or is there loan insurance like hdb loan insurance



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[sundaymorningstaple]

What do you plan on using as collateral for the loan?

[LOBSTER07]

I not sure..u mean they can take my home things if i unable to pay e loan

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[FionaSmith]

General, the banks have more requirements and are more strict when approving loans, but they are more secure. If you meet their requirements, which relate to being an official employee and having a salary higher, than the average, you can confidently go and ask them for a loan. The credit companies have fewer requirements, but their interest rate is higher. It goes without saying, that's the extra money that they take because of the extra risk that they assume. An unofficial employee represents a higher probability of not returning the money. If I may suggest you some bank, which gives the payday loans online in Michigan. I took several loans from there.

[TropicalExpat]

I not sure..u mean they can take my home things if i unable to pay e loan

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Depends on where you get the loan from and whether they collateralise your home ...