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Serious Car loan rules relaxed
An honorable member of the Coffee Shop Has Just Posted the Following:
MAS eases rules on motor vehicle financing http://www.channelnewsasia.com/news/...r/2819122.html The maximum loan-to-value ratio for vehicles on the open market less than or equal to S$20,000 will be raised from 60 per cent to 70 per cent, and that for vehicles more than S$20,000 will be upped to 60 per cent from 50 per cent. Click here to view the whole thread at www.sammyboy.com. |
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