Dept Repayment Plan

A programme to help debtors to consolidate their unsecured debts and pay off  through a repayment plan of up to 5 years.

• Unsecured credit facilities refer to credit cards, personal loans, and credit lines. It also includes loans from licensed moneylenders.
• Ease of payment. Focus on just one monthly repayment, instead of keeping an eye on multiple bills with different banks, interest and repayment dates. Only one payment date to remember.
• Fixed repayment amount. Your monthly repayment remains the same throughout the 5-year period, thus you have a better control over your finances.
• Lower interest rate. Save on interest charges with lower interest rates as compared to credit cards and credit lines.
• Applicable to Singaporean/ PR/ Employment Pass Holder.