Debt consolidation is a great opportunity for people facing financial crisis. debt consolidation plan Singapore is refinancing program that provides option to people to consolidate their all unsecured credit facilities. There are specified banks that have been lending a helping hand to the people in their turbulent time and repay their loans and liabilities.
A permanent resident or citizen of Singapore is eligible for debt consolidation plan Singapore. The criteria for eligibility also include total annual earning, if between S$ 30000 and S$ 120000 with net personal assets of less than $2 million. In addition, a person is eligible for Debt consolidation plan Singapore, if his total interest-bearing unsecured debt on all credit cards and other credit facilities in Singapore exceeds 12 times of his monthly income.