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Debt Consolidation Plan with an affordable monthly repayment plan.
Get better control of your finances by consolidating all your debts into one simple loan and free yourself from paying high interest rate loans. On top of that, enjoy the convenience of a Platinum Mastercard® Credit Card for your daily expenses.
Enjoy greater peace of mind to manage your finances better.
Lower interest rates
For illustration, EIR is calculated taking into consideration of $199 joining fee and based on average loan amount of $50,000
Applied Rate % p.a.
Effective Interest Rate % p.a.
AR: Applied / flat interest rate (from 4.98% p.a. to 6.88% p.a.)
EIR: Effective interest rate ( from 9.55% p.a. to 11.77% p.a.)
Fees & Charges
One time $199
Early redemption fee
$250 or 3% of the outstanding principal, whichever is higher
Effective Interest Rate (“EIR”): 25.9% per annum (minimum).
If payment is not received in full by the due date, finance charges will be calculated on a daily basis at 0.071% from the respective transaction dates for all transactions to the date the payment is received.
If we do not receive the minimum payment as per indicated on your statements by the due date, a late payment charge of $80 will be charged to your Debt Consolidation Plan facility and/or Platinum Mastercard® Credit Card respectively.
Annual Fee For Standard Chartered
Platinum Mastercard® Credit Card
$192.60 (including GST) - perpetually waived
Please click here for more information on the Platinum Mastercard® Credit Card, including the applicable fees and charges (such as the finance charges and late payment fee)
Eligibility & Documents
Singapore Citizen or Permanent Resident
Annual income: Minimum $30,000 to less than $120,000 per annum
Unsecured Outstanding balances: More than 12 times of monthly income
Age: 21 -65 years old
NRIC (front and back)
Copy of latest credit bureau
Copy of the latest statements of your credit cards and unsecured credit facilities from Standard Chartered and Other Banks