Sengkang Moneylender

Sengkang is located in North-East of Singapore. There was quite a big population of the resident.
In case, you are from Seng Kang looking for immediate cash, just approach KBB Credit Licensed Money Lender.
In the event, you have any questions, can contact us via our contact form, reach us at +65 6255 6998 or email us at enquiry@kbbcredit.sg. Visit us to get a FREE consultation at 111 North Bridge Road #01-35 Peninsula Plaza Singapore 179098.
Loan defaults are similar to credit card charge-offs. A default shows that you have not fulfilled your end of the loan contract which also means that you’ve chosen not to pay back the money. This does not mean you’re no longer responsible for the debt. This account status is one of the worst things for your credit score.
The level of debt, measured by credit utilization also affects your credit score considerably. Having high credit card balances (relative to your credit limit) increases your credit utilization and decreases your credit score. In other words, if your limit is S$10,000 and your balance is S$9,500, you will not have a good score. Likewise, maxed out and over-the-limit credit card balances make your credit utilization 100%. This is the most damaging thing you can do for your credit score.